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End of Theory : Financial Crises, the Failure of Economics, and the Sweep of ...

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.

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Item	384468309504
Seller	greatbookprices1 ( 314812 ⭐ ) 96.5% Location: Jessup, US, Maryland Accept Payments With ,
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Condition	Brand New
Book Title	End of Theory : Financial Crises, the Failure of Economics, and t
ISBN	9780691191850
Subject Area	Business & Economics
Publication Name	End of Theory : Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
Publisher	Princeton University Press
Item Length	9.2 in
Subject	Economic History, Finance / Financial Risk Management, Finance / General, Economics / Theory
Publication Year	2019
Type	Textbook
Format	Trade Paperback
Language	English
Item Height	0.7 in
Author	Richard Bookstaber
Item Weight	13.8 Oz
Item Width	6.2 in
Number of Pages	240 Pages

End of Theory : Financial Crises, the Failure of Economics, and the Sweep of Human Interaction, Paperback by Bookstaber, Richard, ISBN 0691191859, ISBN-13 9780691191850, Brand New, Free shipping in the USAn 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.