The cost of capitalism
understanding market mayhem and stabilizing our economic future
- ISBN: 9780071628440
- Editorial: McGraw-Hill Publishing Co.
- Fecha de la edición: 2009
- Lugar de la edición: New York. Estados Unidos de Norteamérica
- Encuadernación: Cartoné
- Medidas: 24 cm
- Nº Pág.: 246
- Idiomas: Inglés
CNBC regular Robert J. Barbera offers a crystal clear explanation of the financial market crisis of 2008. . While mainstream financial analysts are stringing together "ad hoc" explanations for the financial crisis. of 2008, a relatively small group of economists saw this coming. In "The Cost of Capitalism," Robert J.. Barbera explains why.. . Barbera makes the case that investors and policy-makers can reduce the risk of truly gruesome outcomes if they better plan. for the violent economic storms, which history confirms are always over the horizon.. . Investors will learn how to gird themselves for the roller-coaster ride that is free market capitalism;. policy makers will find out how to plan for crises they know will occur at some point; and academic. economists will rethink their pursuit of ever more elaborate mathematical models that bear no. resemblance to the real world.. The message is simple: Stop pretending that people are always rational and that markets are always. efficientand be prepared for market mayhem..