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The Myth of the Rational Market

A History of Risk, Reward, and Delusion on Wall Street

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Exploring the evolution of the modern financial industry, the narrative delves into the rise and decline of the efficient market theory, intertwining intellectual debates with cultural history. It highlights influential figures who shaped finance, from Wall Street's early days to contemporary crises. The book captures the drama of scholars who gained and lost fortunes, engaged in fierce intellectual battles, and influenced global markets. It ultimately examines the dual nature of free market capitalism, showcasing both its wealth-generating potential and inherent risks.

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The Myth of the Rational Market, Justin Fox

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Released
2013
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Subtitle
A History of Risk, Reward, and Delusion on Wall Street
Language
English
Authors
Justin Fox
Released
2013
Format
Paperback
Pages
402
ISBN13
9780857193698
Series
Rating
3.85 out of 5
Description
Exploring the evolution of the modern financial industry, the narrative delves into the rise and decline of the efficient market theory, intertwining intellectual debates with cultural history. It highlights influential figures who shaped finance, from Wall Street's early days to contemporary crises. The book captures the drama of scholars who gained and lost fortunes, engaged in fierce intellectual battles, and influenced global markets. It ultimately examines the dual nature of free market capitalism, showcasing both its wealth-generating potential and inherent risks.