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Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State

Roman Frydman, Michael D. Goldberg




[PDF.qy35] Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State

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 | #1641929 in eBooks |  2011-02-07 |  2011-02-07 | File type: PDF

||13 of 16 people found the following review helpful.| Subtle and powerful concluding resolution|By Curious|I tend to disagree with most of the previous review, though he said he only read four chapters so...

The authors very clearly state their audience, they aim to make the underlying assumptions of economists' discourse (and thus policy prescriptions) more concretely illustrated to these very economists and the gene| |Finalist for the 2011 Paul A. Samuelson Award, TIAA-CREF|One of Financial Times (FT.com) non-fiction favourites commended by Martin Wolf, Financial Times chief economics commentator, for 2011

"The debate over how to re-re

In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption--that markets act mechanically and economic change is fully predictable. In Beyond Mechanical Markets, Frydman and Goldberg show how the failure to abandon th...

You can specify the type of files you want, for your gadget.Beyond Mechanical Markets: Asset Price Swings, Risk, and the Role of the State   |  Roman Frydman, Michael D. Goldberg. I really enjoyed this book and have already told so many people about it!

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