Picador

How Markets Fail: The Logic of Economic Calamities

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Description

For fifty years, economists have been developing elegant theories or how markets facilitate innovation, create wealth, and allocate society's resources efficiently. But what about when they fail, when they lead us to stock market bubbles, glaring inequality, polluted rivers, and credit crunches? In How Markets Fail, John Cassidy describes the rising influence of "utopian economies"ۥthe thinking that is blind to how real people act and that denies the many ways an unregulated free market can bring on disaster. Combining on-the-ground reporting and clear explanations of economic theories Cassidy warns that in today's economic crisis, following old orthodoxies isn't just misguidedۥit's downright dangerous.

Technical Specifications
Manufacturer
Picador
Height
21.3 cm
Length
14.3 cm
Width
1.9 cm
Weight
0.73 kg
Release date
23 November 2010
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Your order is shipped from the USA and delivered to your door in South Africa in 10–20 working days. All items are fully tracked.

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We offer a 30-day return window. If something isn't right, contact our support team and we'll make it right.