Cassidy looks to the rapidly growing field of behavioral economics to present a new understanding of the economy, one that casts aside the old assumption that people and firms make decisions purely on the basis of rational self-interest.
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Cassidy looks to the rapidly growing field of behavioral economics to present a new understanding of the economy, one that casts aside the old assumption that people and firms make decisions purely on the basis of rational self-interest.
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Seller's Description:
Good. Shows minimal wear such as frayed or folded edges, minor rips and tears, and/or slightly worn binding. May have stickers and/or contain inscription on title page. No observed missing pages.
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Seller's Description:
Good. Hardcover This item shows wear from consistent use but remains in good readable condition. It may have marks on or in it, and may show other signs of previous use or shelf wear. May have minor creases or signs of wear on dust jacket. Packed with care, shipped promptly.
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Seller's Description:
Near Fine in Near Fine jacket. 8vo-over 7¾"-9¾" Tall. Farrar, Straus & Co., 2009, First Edition, 8vo, 390 pages. Book and jacket in near fine condition.
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Seller's Description:
Very Good in Very Good jacket. A nice hardcover with a crisp dust jacket, a tight binding and an unmarked text. From a private smoke free collection. Shipping within 24 hours, tracking number and delivery Confirmation.
Borrowed it from the library and decided later I needed to have a copy always handy. A useful antidote to the free market fundamentalist idiocies that we keep being subjected to.
roaddog
Mar 4, 2010
Economic Id-eology
With wit and clarity, Cassidy provides a compressed history of economics beginning with Adam Smith and leading to the murky behavioral psychology that makes comprehensible the devastating suicidal plunge of bankers and brokers over the edge of reasonable risk. Wall Street emerges as the Id of the national psyche, driven by dark and irresistible forces, and regulation, our Superego, seems the only remedy for the passionate irrationality of which all of us -- financiers, consumers, politicians -- are guilty. Most instructively, Cassidy points to the fact that all markets are not the same or subsumable under the same theory. Economic behavior is, first of all behavior, not mathematics, and requires a more subtle and flexible understanding than classical economics or ideologies can provide.
