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.
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