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Beyond Mechanical Markets
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Beyond Mechanical Markets : Asset Price Swings, Risk, and the Role of the State

Book Details

Format Hardback or Cased Book
ISBN-10 0691145776
ISBN-13 9780691145778
Publisher Princeton University Press
Imprint Princeton University Press
Country of Manufacture US
Country of Publication GB
Publication Date Feb 27th, 2011
Print length 288 Pages
Weight 572 grams
Dimensions 24.00 x 15.90 x 2.30 cms
Ksh 5,400.00
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In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. This title shows how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies.

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