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The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
By (Author) Richard Bookstaber
Princeton University Press
Princeton University Press
11th June 2019
United States
Tertiary Education
Non Fiction
330.1
Paperback
240
Width 156mm, Height 235mm
An in-depth look at how to account for the human complexities at the heart of today's financial system Our economy may have recovered from the Great Recession-but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model-and the theory behind it-useless for
"Selected for Askblogs Books of the year 2017"
Richard Bookstaber has overseen risk management at investment banks Morgan Stanley and Salomon Brothers, as well as major hedge funds such as Moore Capital and Bridgewater. He has held positions at the U.S. Treasury, and is currently at the University of California. He is the author of A Demon of Our Own Design (Wiley).