|
Books > Language & Literature > Literature: history & criticism > Literary theory
|
Buy Now
Manias, Panics and Crashes (Hardcover)
Loot Price: R710
Discovery Miles 7 100
|
|
|
Manias, Panics and Crashes (Hardcover)
Series: The Macat Library
Expected to ship within 12 - 17 working days
|
Perhaps the most peculiar feature of a financial bubble - one that
Charles Kindleberger's classic work Manias, Panics and Crashes
draws particular attention to - is the inability of those trapped
inside it to grasp the seriousness of their predicament. They know
in principle that bubbles exist, and they know that the financial
crashes that result from them are capable of destroying
individuals' wealth and entire economies. Yet whenever and wherever
a bubble begins to form, we're told that this time things are
different, that there are sound reasons to continue to invest and
to presume that prices will continue to rise steadily forever.
Kindleberger's achievement is to use the critical thinking skill of
evaluation to examine this strange mindset and the arguments
advanced in support of it. He harshly judges the acceptability of
the reasons used to create such arguments, and highlights the
issues of relevance and adequacy that give us every reason to doubt
them. Kindleberger also uses his powers of reasoning to effect an
unusual achievement - writing a work soundly rooted in economics
that nonetheless engages and convinces a non-specialist audience of
the correctness of his arguments.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
(1)
