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Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One


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#846981 in eBooks 2015-04-15 2015-04-01File Name: B00VEHAGXO0 of 0 people found the following review helpful. In addition to providing an excellent summary of "economic thought" since Adam SmithBy Jess StilesIn addition to providing an excellent summary of "economic thought" since Adam Smith, Lord Desai outlines some of the problems that brought about the GFC (Global Financial Crisis). For me the summary of "economic thought" is the most interesting portion.23 of 23 people found the following review helpful. Not quite enough questionsBy BreakingviewsThe'Here is something completely different: a really rather delightful and useful little survey of economic history... that deserves to be widely read.rsquo;mdash;Diana Hunter, Financial World.The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry. Economists are under fire, but questions concerning exactly how to redeem the discipline remain unanswered. In this provocative book, renowned economist Meghnad Desai investigates the evolution of economics and maps its trajectory against the occurrence of major political events to provide a definitive answer. nbsp; Desai underscores the contribution o...

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