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How Markets Fail: The Logic of Economic Calamities


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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"―the 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 misguided―it's downright dangerous.

  • Picador USA

Product Information   Specifications for How Markets Fail: The Logic of Economic Calamities Below:

Manufacturer Picador
Brand Picador USA
SKU 01142012new_4944
Item Weight 0.81 pounds
Item Size 0.03 x 0.32 x 0.32 inches
Package Weight 1.32 pounds
Package Size 5.5 x 1.04 x 1.04 inches
Units in Package 1

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