How markets fail : the logic of economic calamities
John Cassidy
- London : Penguin, 2010.
- 409 p. ; 20 cm.
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 M