The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction

— —

Richard Bookstaber

The End of Theory

Financial Crises, the Failure of Economics, and the Sweep of Human Interaction

Richard Bookstaber

$54.99

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Princeton University Pres
10 July 2017

Economics & Business; Economic theory & philosophy

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. In The End of Theory, Richard Bookstaber discusses why the human condition and the radical uncertainty of our world renders the standard economic model--and the theor

By: Richard Bookstaber
Imprint: Princeton University Pres
Country of Publication: United States
Edition: 1
Dimensions: Height: 235mm, Width: 152mm, Spine: 25mm
Weight: 510g
ISBN: 9780691169019
ISBN 10: 0691169012
Pages: 240
Publication Date: 10 July 2017
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Hardback
Publisher's Status: Active

Richard Bookstaber has overseen risk management at investment banks Morgan Stanley and Salomon Brothers, as well as major hedge funds such as Moore Capital and Bridgewater. He has also held positions at the U.S. Treasury, and is currently at the University of California. He is the author most recently of A Demon of Our Own Design (Wiley).

Reviews for The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction

The End of Theory holds some important lessons for financial markets today... According to Bookstaber, it's time to stop tweaking a 150-year-old model that seems to be getting worse, not better, at predicting crises, and embrace something totally new. Finally, and perhaps most usefully, he challenges the economics profession itself, where too many experts still have way too much faith in their own mathematical infallibility. --Rana Faroohar, Financial Times