The end of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction [Audiobook] download free by Richard Bookstaber

The end of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction Audiobook download free by Richard Bookstaber
  • Listen audiobook: The end of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
  • Author: Richard Bookstaber
  • Release date: 2017/5/20
  • Language: English
  • Genre or Collection: Business, Finance and Law
  • ISBN: 9780691169019
  • Rating: 9.19 of 10
  • Votes: 646
  • Review by: Opal Burgos
  • Review rating: 9.39 of 10
  • Review Date: 2018/10/23
  • Duration: 2H57M22S in 256 kbps (48 MB)
  • Date of creation of the audiobook: 2018-07-09
  • You can listen to this audiobook in formats: WMA, TTA, ATRAC, MP3, FLAC, MOD, WAV, MPEG4 (compression RAR, ZIP, ARC, TBZ2, AZW3)
  • Total pages original book: 240
  • Includes a PDF summary of 20 pages
  • Duration of the summary (audio): 14M28S (4 MB)
  • Description or summary of the audiobook: An 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. In The End of Theory, Richard Bookstaber 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. Instead, 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. Bookstaber's groundbreaking paradigm promises to do a far better job at preventing crises and managing those that break out. As he explains, our varied memories and imaginations color our economic behavior in unexpected hues. Agent-based modeling embraces these nuances by avoiding the mechanistic, unrealistic structure of our current economic approach.Bookstaber tackles issues such as radical uncertainty, when circumstances take place beyond our anticipation, and emergence, when innocent, everyday interactions combine to create sudden chaos. Starting with the realization that future crises cannot be predicted by the past, he proposes an approach that recognizes the human narrative while addressing market realities. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel and innovative perspective, along with a more realistic and human framework, to help prevent today's financial system from blowing up again.
  • Other categories, genre or collection: Economic Theory & Philosophy, Economic History, Finance
  • Download servers: Memopal, Uploaded, 4Shared, Torrent, Mediafire, Uptobox, Google Drive, Microsoft OneDrive. Compressed in RAR, ZIP, ARC, TBZ2, AZW3
  • Format: Hardback
  • Approximate value: 33.46 USD
  • Dimensions: 152x235x25.4mm
  • Weight: 510g
  • Printed by: Not Available
  • Published in: New Jersey, United States

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