false 9777 0 0 558738 0932592007 9780932592002 10 http://photo.goodreads.com/books/1175793945m/558738.jpg http://photo.goodreads.com/books/1175793945s/558738.jpg http://www.goodreads.com/book/show/558738.Juggling_for_the_Complete_Klutz 4.00 33 9777 4.01 166 26 1994 558728 1878257145 9781878257147 3 http://photo.goodreads.com/books/1175793911m/558728.jpg http://photo.goodreads.com/books/1175793911s/558728.jpg http://www.goodreads.com/book/show/558728.The_Explorabook_A_Kid_s_Science_Museum_in_a_Book 4.38 24 9777 4.01 166 26 305088 4.38 24 3 1992 1308591 0060008814 9780060008819 1 http://photo.goodreads.com/books/1182658385m/1308591.jpg http://photo.goodreads.com/books/1182658385s/1308591.jpg http://www.goodreads.com/book/show/1308591.Dot_con_How_America_Lost_Its_Mind_and_Money_in_the_Internet_Era 3.42 24 Dot.con is the most sweeping and definitive assessment published thus far of the stock market mania that swept this country in the late 1990s. Cassidy, who covers economics and finance for The New Yorker, finds many seeds for the boom: Vannevar Bush's “memex” machine, the “intellectual forerunner of the World Wide Web”; increasing popularity of 401(k)s and IRAs, which introduced millions of Americans to the equity markets, giving rise to a “stock market culture"; and the attention and hype in the late '80s and early '90s surrounding the “information superhighway” promoted by the likes of Al Gore, Newt Gingrich, and Nicholas Negroponte. When Netscape went public in 1995, the Internet mania began a five-year run that was fueled in part by the media, the policies promoted by Alan Greenspan and the Federal Reserve, the rise of day trading, and the deluge of IPOs brought to market by firms such as Morgan Stanley and Merrill Lynch and their analyst cheerleaders Mary Meeker and Henry Blodget. For anyone who got caught up in the mania and foundered in its eventual crash, Dot.con is a bittersweet trip down memory lane that Cassidy captures just perfectly. Highly recommended. --Harry C. Edwards ]]> 9777 4.01 166 26 2002 370703 1878257749 9781878257741 2 http://photo.goodreads.com/books/1174219859m/370703.jpg http://photo.goodreads.com/books/1174219859s/370703.jpg http://www.goodreads.com/book/show/370703.Earthsearch_A_Kids_Geography_Museum_in_a_Book 4.71 17 9777 4.01 166 26 1994 479856 1570548919 9781570548918 0 http://photo.goodreads.com/books/1175108417m/479856.jpg http://photo.goodreads.com/books/1175108417s/479856.jpg http://www.goodreads.com/book/show/479856.The_Klutz_Book_of_Magic 3.78 9 9777 4.01 166 26 2006 286840 1570541930 9781570541933 1 http://photo.goodreads.com/books/1173419942m/286840.jpg http://photo.goodreads.com/books/1173419942s/286840.jpg http://www.goodreads.com/book/show/286840.The_Klutz_Yo_Yo_Book 4.00 8 9777 4.01 166 26 1987 2061947 0932592104 9780932592101 1 http://www.goodreads.com/images/nocover-111x148.jpg http://www.goodreads.com/images/nocover-60x80.jpg http://www.goodreads.com/book/show/2061947.Book_of_Knots 3.67 6 9777 4.01 166 26 1985 6691186 0374173206 9780374173203 3 http://www.goodreads.com/images/nocover-111x148.jpg http://www.goodreads.com/images/nocover-60x80.jpg http://www.goodreads.com/book/show/6691186-how-markets-fail 4.33 3 Behind the alarming headlines about job losses, bank bailouts, and corporate greed is a little-known story of bad ideas. For fifty years or more, economists have been busy developing elegant theories of how markets work—how they facilitate innovation, wealth creation, and an efficient allocation of society’s resources. But 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, John Cassidy describes the rising influence of what he calls utopian economics—thinking that is blind to how real people act and that denies the many ways an unregulated free market can produce disastrous unintended consequences. He then looks to the leading edge of economic theory, including behavioral economics, to offer a new understanding of the economy—one that casts aside the old assumption that people and firms make decisions purely on the basis of rational self-interest. Taking the global financial crisis and current recession as his starting point, Cassidy explores a world in which everybody is connected and social contagion is the norm. In such an environment, he shows, individual behavioral biases and kinks—overconfidence, envy, copycat behavior, and myopia—often give rise to troubling macroeconomic phenomena, such as oil price spikes, CEO greed cycles, and boom-and-bust waves in the housing market. These are the inevitable outcomes of what Cassidy refers to as “rational irrationality”—self-serving behavior in a modern market setting.

Combining on-the-ground reporting, clear explanations of esoteric economic theories, and even a little crystal-ball gazing, Cassidy warns that in today’s economic crisis, conforming to antiquated orthodoxies isn’t just misguided—it’s downright dangerous. How Markets Fail offers a new, enlightening way to understand the force of the irrational in our volatile global economy.

</DIV></DIV>]]> 9777 4.01 166 26 2009 289910 0932592155 9780932592156 0 http://photo.goodreads.com/books/1173451268m/289910.jpg http://photo.goodreads.com/books/1173451268s/289910.jpg http://www.goodreads.com/book/show/289910.The_Unbelievable_Bubble_Book 4.50 2 9777 4.01 166 26 72278 3.82 11 0 1987 2001748 0345288467 9780345288462 0 http://www.goodreads.com/images/nocover-111x148.jpg http://www.goodreads.com/images/nocover-60x80.jpg http://www.goodreads.com/book/show/2001748.A_Station_in_the_Delta 3.50 2 9777 4.01 166 26 1979