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"Money is a promise with future benefits or dangers that can never, because unknowable, be calculated. The financial sector is driven to beat this uncertainty by speculating on whether prices will rise or fall. No matter how often the folly of this behaviour is demonstrated thro…
"Money is a promise with future benefits or dangers that can never, because unknowable, be calculated. The financial sector is driven to beat this uncertainty by speculating on whether prices will rise or fall. No matter how often the folly of this behaviour is demonstrated thro…
This text provides a picture of how a capitalist economy works, especially at the macro level. It considers eight questions about the working of the economy. This provides the background that is necessary to take on other questions about macroeconomic policy, finance, bankruptcy…
This text provides a picture of how a capitalist economy works, especially at the macro level. It considers eight questions about the working of the economy. This provides the background that is necessary to take on other questions about macroeconomic policy, finance, bankruptcy…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, 'animal spirits' are driving financial events worldw…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldw…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events world…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, 'animal spirits' are driving financial events worldw…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldw…
This text provides a picture of how a capitalist economy works, especially at the macro level. It considers eight questions about the working of the economy. This provides the background that is necessary to take on other questions about macroeconomic policy, finance, bankruptcy…
The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldw…
Preface to the Paperback Edition vii Preface xxi Acknowledgments xxvii Introduction 1 Part 1 Animal Spirits 1 Confidence and Its Multipliers 2 2 Fairness 19 3 Corruption and Bad Faith 26 4 Money Illusion 41 5 Stories 51 Part 2 Eight Questions and Their Answers 6 Why Do Economies…
This text provides a picture of how a capitalist economy works, especially at the macro level. It considers eight questions about the working of the economy. This provides the background that is necessary to take on other questions about macroeconomic policy, finance, bankruptcy…