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How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking. A very good history of economic thought Economist How Markets Fail offers a brilliant intellectual framework . . . fine work New York Times An essential, gr...
The Internet stock bubble wasn't just about goggle-eyed day traderstrying to get rich on the Nasdaq and goateed twenty-five-year-olds playing wannabe Bill Gates. It was also about an America that believed it had discovered the secret of eternal prosperity: it said something about all of us, and what we thought about ourselves, as the twenty-first century dawned. John Cassidy's Dot.con brings this tumultuous episode to life. Moving from the Cold War Pentagon to Silicon Valley to Wall Street and into the homes of millions of Americans, Cassidy tells the story of the great boom and bust in an authoritative and entertaining narrative. Featuring all the iconic figures of the Internet era -- Marc Andreessen, Jeff Bezos, Steve Case, Alan Greenspan, and many others -- and with a new Afterword on the aftermath of the bust, Dot.con is a panoramic and stirring account of human greed and gullibility.
This utterly encouraging book is a masterclass in how to draw for kids and grownups with Sir Quentin Blake, beloved illustrator to Roald Dahl. Can you find the pointy end of a pencil? Then you can draw! Start with a Scribble will banish your inner critic and kick-start your inner genius, as you learn to capture the spirit of things with a little how-to and a lot of just-do. An artist-quality pen and two watercolor pencils (red and black) are included. Inside, you’ll find: Prompts to inspire you (e.g., “emotional rabbits”) Doodles to finish (“Mrs. Thudkins takes her floppaterasis for a walk”) Techniques to try (only when the mood strikes you), from shading to perspective And plenty of wide-open space to play around in. Sir Quentin’s sage advice appears throughout, from “it’s best to name your animal after you draw it” to “don’t worry too much yet about ankles.” The most important lesson? YOU are the only person qualified to express your unique you-ness. Publisher’s note:Start with a Scribble is an updated North American edition of Drawing for the Artistically Undiscovered (Klutz, 1999).
Call it a "sketch book with handrails", this textbook is designed to draw out talent in every artist-to-be, featuring drawings by Quentin Blake, the illustrator who brought to life Matilda and Willie Wonka. Wire-O bound. 2 colors. Packaged with 1 pen and 2 pencils.
This is a sceptical history of the internet/stock market boom. John Cassidy argues that what we have just witnessed wasn't simply a stock market bubble; it was a social and cultural phenomenon driven by broad historical forces. Cassidy explains how these forces combined to produce the buying hysteria that drove the prices of loss-making companies into the stratosphere. Much has been made of Alan Greenspan's phrase irrational exuberance, but Cassidy shows that there was nothing irrational about what happened. The people involved - fund managers, stock analysts, journalists and pundits - were simply acting in their own self-interest.
The San Francisco Exploratorium squeezed between the covers of a book! The "pages" reflect, magnify, or grow as you follow the instructions. Seven subjects are covered, including light wave craziness, ouchless physics, and hair dryer science.
Veteran New Yorker staff writer John Cassidy offers a provocative take on the misguided economic thinking that produced the 2008 financial crisis—now with a new preface addressing how its lessons remain unheeded in the present, as we're facing the worst economic catastrophe since the Great Depression. A Pulitzer Prize Finalist An Economist Book of the Year A Businessweek Best Book of the Year For fifty years, economists have been developing elegant theories or how markets facilitate innovation, create wealth, and allocate society's resources efficiently. But what about when they fail, when they lead us to stock market bubbles, glaring inequality, polluted rivers, and credit crunches? In this updated and expanded edition of How Markets Fail, John Cassidy describes the rising influence of "utopian economies"—the thinking that is blind to how real people act and that denies the many ways an unregulated free market can bring on disaster. Combining on-the-ground reporting and clear explanations of economic theories Cassidy warns that in today's economic crisis, following old orthodoxies isn't just misguided—it's downright dangerous.
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