The Malign Hand of the Markets: The Insidious Forces on Wall Street that are Destroying Financial Markets - and What We Can Do About it (BUSINESS BOOKS)

John Staddon

ISBN 10: 0071797408 / ISBN 13: 9780071797405

Edité par McGraw-Hill Professional, 2012

Most items will be dispatched the same or the next working day. A copy that has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. N° de réf. du vendeur wbb0023139724

Synopsis :

WHAT’S THE MATTER WITH WALL STREET?
And How Do We Fix It?

Even after the global financial meltdown of 2008, economists have clung to Adam Smith’s “Invisible Hand” theory of an always selfregulating market that benefits private and public interests alike. But Duke University professor John Staddon is here to tell that there’s also another, darker force at work on Wall Street―a “Malign Hand” that guides all human interactions, including our finances.

Combining psychology, behavioral economics, and other sciences, Staddon’s explosive new theory reveals the underlying principles behind the economic crisis, exposing the invisible mechanisms that drive our markets today. You’ll learn how we can:

• Prevent market bubbles from building
• Distinguish voluntary from involuntary market risk and regulate them differently
• Simplify and restore Glass-Steagall
• Understand market mechanisms through Darwinian dynamics
• Moderate boom and bust cycles and make financial markets sustainable

Using economic theory, global market trends, and psychological research, Staddon’s electrifying book is both analytical and prescriptive―with a number of possible solutions to our most pressing economic concerns. You’ll learn about the wrong assumptions that underlie our present system, basic rules for managing risk, and the real reasons behind the market’s greatest successes and biggest disasters.

You’ll hear surprising insights into the delicate relationship between Wall Street and Washington―with assessments of the bailouts, the Dodd-Frank bill, and other attempts at financial regulation. Best of all, you’ll discover realistic solutions that can stop the boom-and-bust cycle once and for all.

Compelling, controversial, and remarkably thorough, The Malign Hand of the Markets will change the way we plan our future, manage our finances, and build our fortunes.

À propos de l?auteur:

John Staddon is a James B. Duke Professor of Psychology, and Professor of Biology and Neurobiology, Emeritus, at Duke University. He has worked in many universities around the world, including MIT, Oxford, and the University of Toronto. He is the author of The New Behaviorism and Adaptive Dynamics, among other books.

Détails bibliographiques

Titre : The Malign Hand of the Markets: The ...
Éditeur : McGraw-Hill Professional
Date d'édition : 2012
Reliure : Couverture rigide
Etat : Very Good