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The Myth of the Rational Market

The Myth of the Rational Market

A History of Risk, Reward, and Delusion on Wall Street

by Justin Fox
Hardback
Publication Date: 09/06/2009

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"Do we really need yet another book about the financial crisis? Yes, we do--because this one is different....A must-read for anyone who wants to understand the mess we're in."
--Paul Krugman, New York Times Book Review

"Fox makes business history thrilling."
--St. Louis Post-Dispatch

A lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the world's most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Year--longlisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the Year--The Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.

ISBN:
9780060598990
9780060598990
Category:
Investment & securities
Format:
Hardback
Publication Date:
09-06-2009
Language:
English
Publisher:
HarperCollins Publishers
Country of origin:
United States
Dimensions (mm):
228.6x152.4x31.75mm
Weight:
0.57kg
Justin Fox

Travel writer, novelist and photographer Justin Fox was editor of Getaway International magazine. Fox was a Rhodes Scholar and received a doctorate in English from Brasenose College, Oxford University. He was a research fellow at the University of Cape Town, where he now teaches part time.

Fox's writing and photographs have been published worldwide and he is the author of over a dozen books. He is a two-time Mondi journalism award winner and his articles have appeared internationally in a wide range of publications, while his short stories and poems have been published in various anthologies.

His book Whoever Fears the Sea was longlisted for the 2014 Etisalat Prize and The Marginal Safari was longlisted for the 2011 Alan Paton and 2012 Olive Schreiner awards.

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