Roman Frydman: 1 book
Beyond Mechanical Markets
Asset Price Swings, Risk, and the Role of the State
Language: English
Release Date: February 7, 2011
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. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption--that...
