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  • Published: 15 October 2010
  • ISBN: 9780141036519
  • Imprint: Penguin Press
  • Format: Paperback
  • Pages: 416
  • RRP: $32.99

How Markets Fail

The Logic of Economic Calamities





'Anyone who enjoys a good read can safely embark on this tour with Cassidy as their guide . . . Cassidy is able to lead us with beguiling lucidity through unfamiliar territory' New Statesman

How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking.

  • Published: 15 October 2010
  • ISBN: 9780141036519
  • Imprint: Penguin Press
  • Format: Paperback
  • Pages: 416
  • RRP: $32.99

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