Autumn 2009 | Public lectures and events | Audio and pdf

How Markets Fail: The Problem of Rational Irrationality


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Contributor(s): John Cassidy | What caused the recent global financial crisis? Some analysts blame greed, others stupidity, yet others myopia. The real problem is more fundamental, and it relates to the inner logic of a financially driven economy that generates perverse incentives and rewards damaging behaviour.
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Autumn 2009 | Public lectures and events | Audio and pdfBy London School of Economics and Political Science


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