You may have to Search all our reviewed books and magazines, click the sign up button below to create a free account.
Behaviour is important. Whether this be the behaviour of those who saw it coming, or of those who constantly berated them. The behaviour of those who rode the boom and switched at the tipping point to ride the bust, or the behaviour of those who held on to their principled as the system collapsed around them. It was human behaviour after all, that led us to construct a bubble nobody suspected was dangerous, yet nonetheless would burst with disastrous consequences. Contrary to the views of many before the crash the cycle is inevitable - you cannot eliminate boom and bust. In a boom the bullish are promoted whilst the cautious are overlooked, reinforcing the cycle. This factor is generally ignored by the beautiful but flawed models of economic analysts. Since we cannot abolish the cycle, we must ensure that busts are not so dangerous in the future. The policy solutions are there if we're brave enough, from changing incentives, and creating fiscal and financial regulators with clout and discretion, through to changing corporate governance and shifting the power of executives.
This is a book about how we behave. Not how we think we behave, or how wed like to behave, but how we really do. Its a story of how a collective failure of perception helped cause one of the biggest crises in the history of capitalism; of the extraordinary extremes we witnessed from the so-called Masters of the Universe - their greed, recklessness, and irrationality; and of how the crisis will happen again unless we understand that economic conditions may change but human nature does not. Released to widespread acclaim in the UK in 2011 and now updated for the USA, Masters of Nothing is an important contribution to the ongoing debate about how we fix the relationship between big finance and the real economy.
WICKET! 1st over: Ponting c Swann b Anderson 0 (Australia 0-2) Ponting has gone first ball! I don't believe it! An unbelievable start for England! Ponting has gone for a golden duck in his 150th Test and England have gone wild. Stop the clocks! Shout it from the rooftops! Australia are in utter disarray!The Ashes 2010-11 saw the coming together of the old foes in Australia's backyard. Back in freezing, snowy England, untold numbers huddled around their TV sets to watch the struggle into the early hours of the morning. But for many the joy was only complete with the accompaniment of guardian.co.uk's Over By Over.Around the globe they joined in from unlikely locations, offering stories of emot...
The unmissable inside story of the most dramatic general election campaign in modern history and Theresa May’s battle for a Brexit deal, the greatest challenge for a prime minister since the Second World War. By the bestselling author of All Out War, shortlisted for the Orwell Prize 2017.
A handbook to Portugal, one of Europe's most beautiful countries. From the wine lodges of Porto and the famous resorts of the Algarve to Lisbon's vibrant nightlife and the historic city of Evora, this guide captures Portugal's highlights in a full colour introduction.
This distinctive city guide swells with incisive listings to the best and best-value Vienna offerings in hotels, restaurants, and night life, as well as the city's famous cafes. Information on Vienna's spectacular sights and day trips both inside and outside the city is featured. 30 maps and plans. of color maps.
None
The InterCity East Coast Mainline is a hugely significant rail service, carrying around 19 million passengers a year between London, the North East and Scotland. In 2005, a contract was awarded to Great North Eastern Railway, but financial difficulties at its holding company meant that the franchise failed 18 months later. In 2007, a new contract was awarded to National Express to run the franchise on the basis that it would pay the Department £1.4 billion over seven and a half years. At the time, the East Coast franchise was one of three operated by National Express. As a result of the economic downturn, expected passenger revenues did not materialise and National Express announced in July...
In May 2009 the Highways Agency signed a 30 year private finance contract for widening two sections of the M25 motorway, including the Dartford Crossing, and maintaining the entire 125 mile length of the road, and 125 miles of connecting roads and motorways. The Committee makes eight points in conclusion of its review of the contract: they do not agree that the PFI contract represents value for money; the £80 million spent on consultants over six years for this project was excessive; the Agency lacks the capacity to assess whether its advisers are providing value for money; the Agency significantly over-estimated the market rate for operation and maintenance; the invitation to tender was to...
IPSA procedures for investigations and related Matters : Twentieth report of session 2010-12, report and appendix, together with formal minutes and oral Evidence