The Map and the Territory 2.0

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"Thoroughly updated and expanded since its original publication, including a new chapter on China, currencies, and gold, The Map and the Territory 2.0 is the author's summa on making predictions about markets and economies, in theory and in practice. Alan Greenspan offers a thrillingly lucid and empirical argument about what exactly we can and can't know about economic decision making. With his trademark wisdom and nuance, he devises a brand-new economic map, one that integrates the history of economic prediction, the recent work of behavioral economists, and the lessons of his own remarkable career into a framework useful for businesses and governments alike in facing the uncharted territories ahead." -- Cover, p. [4]