Behind the alarming financial headlines is a little-known story of
bad ideas. For over fifty years, economists have been developing
elegant theories of how markets work. What about when markets don t
work? What about when they lead to stock-market bubbles, glaring
inequality, polluted rivers, real-estate crashes, and credit
crunches? In How Markets Fail, Cassidy describes the influence
utopian economics thinking that is blind to how real people act... more...