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Minding the Markets: An Emotional Finance View of Financial Instability
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Minding the Markets: An Emotional Finance View of Financial Instability

it was amazing 5.0  ·  Rating Details ·  1 Rating  ·  0 Reviews
In this groundbreaking book, Tuckett argues that most economists' explanations of the financial crisis miss its essence; they ignore critical components of human psychology. He offers a deeper understanding of financial market behavior and investment processes by recognising the role played by unconscious needs and fears in all investment activity
Hardcover, 256 pages
Published May 15th 2011 by Palgrave Macmillan (first published May 13th 2011)
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Colin Strong
Mar 03, 2015 Colin Strong rated it really liked it
Interesting take on the way in which we make decisions - and although it focuses on fund managers making decisions in financial markets, the principles are the same for other categories / people. Takes a psychodynamic view of the world - which I am not completely sold on but nevertheless is a good antidote to much of the prevailing homo-economicus / behavioural economics view of human decision making. Good book to dip into.
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