{"product_id":"how-markets-fail-the-rise-and-fall-of-free-market-economics-9781250781284","title":"How Markets Fail: The Rise and Fall of Free Market Economics","description":"\u003cp\u003e\u003cb\u003eVeteran \u003ci\u003eNew Yorker \u003c\/i\u003estaff writer John Cassidy offers a provocative take on the misguided economic thinking that produced the 2008 financial crisis--now with a new preface addressing how its lessons remain unheeded in the present, as we're facing the worst economic catastrophe since the Great Depression.\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cb\u003eA Pulitzer Prize Finalist\u003cbr\u003eAn \u003ci\u003eEconomist \u003c\/i\u003eBook of the Year \u003cbr\u003eA \u003ci\u003eBusinessweek \u003c\/i\u003eBest Book of the Year\u003c\/b\u003e \u003cp\u003e\u003c\/p\u003eFor fifty years, economists have been developing elegant theories or how markets facilitate innovation, create wealth, and allocate society's resources efficiently. But what about when they fail, when they lead us to stock market bubbles, glaring inequality, polluted rivers, and credit crunches? \u003cp\u003e\u003c\/p\u003eIn this updated and expanded edition of \u003ci\u003eHow Markets Fail\u003c\/i\u003e, John Cassidy describes the rising influence of utopian economies--the thinking that is blind to how real people act and that denies the many ways an unregulated free market can bring on disaster. Combining on-the-ground reporting and clear explanations of economic theories Cassidy warns that in today's economic crisis, following old orthodoxies isn't just misguided--it's downright dangerous.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Picador USA\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/01\/2021\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781250781284\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 432","brand":"John Cassidy","offers":[{"title":"Default Title","offer_id":39955836534965,"sku":"9781250781284","price":17.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_3d8a164b-eecd-4a07-b280-526c01bce2ca.jpg?v=1620217674","url":"https:\/\/pastforward.org\/products\/how-markets-fail-the-rise-and-fall-of-free-market-economics-9781250781284","provider":"Past Forward","version":"1.0","type":"link"}