Share
The end of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
Richard Bookstaber (Author)
·
Princeton University Press
· Paperback
The end of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction - Richard Bookstaber
£ 15.29
£ 16.99
You save: £ 1.70
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Tuesday, May 21 and
Wednesday, May 22.
You will receive it anywhere in United Kingdom between 1 and 3 business days after shipment.
Synopsis "The end of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction"
An in-depth look at how to account for the human complexities at the heart of today's financial system Our economy may have recovered from the Great Recession--but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model--and the theory behind it--useless for dealing with financial crises. What model should replace it? None. At least not any version we've been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
