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The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street,New
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Do we really need yet another book about the financial crisis? Yes, we dobecause this one is different.A mustread for anyone who wants to understand the mess were in.Paul Krugman, New York Times Book ReviewFox makes business history thrilling.St. Louis PostDispatchA lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the worlds most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Yearlonglisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the YearThe Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the longheld myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.
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