Saturday, 5 March 2016

Notes on "How markets fail : the logic of economic calamities" (John Cassidy)

How markets fail : the logic of economic calamities

John Cassidy, 1963-
London: Penguin Books, 2010


  • "The problem here is something which looked to a very solid edifice, and indeed, a critical pillar to market competition and free markets, did break down" (by Greenspan)
  • Warning ignored (Rajan)
    • The reaction to Rajan's paper demonstrated just how difficult it had become to query, even on a theoretical level, the dogma of deregulation and free market
  • (not finished)

No comments:

Post a Comment