About this item
"Do we really need yet another book about the financial crisis? Yes, we do - because this one is different ... .A must-read for anyone who wants to understand the mess we're in." - Paul Krugman, New York Times Book Review "Fox makes business history thrilling." - St. Louis Post-Dispatch A lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the world's most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Year - longlisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the Year - The Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.
About the Author
Justin Fox is editorial director of the Harvard Business Review Group. He writes a blog for hbr.org (http://blogs.hbr.org/fox/) and a monthly column for Time magazine. From 2007 through 2009 he was an editor at large at Time, writing a weekly column for the magazine and the Curious Capitalist blog for Time.com. Before that Fox spent more than a decade at Fortune magazine, where he covered a wide variety of topics related to economics, finance, and international business. In 2000 and 2001, he was the magazine's Europe editor, based in London.Prior to joining Fortune, Fox worked at several newspapers, including American Banker and The Birmingham (Alabama) News. He has a degree in international affairs from Princeton University, studied political science at the University of Leiden in the Netherlands, and speaks Dutch and German. Fox is married and has a son. He lives in Manhattan.His first book, 'The Myth of the Rational Market,' is a history of the rise and fall of the efficient market hypothesis -- the influential academic theory that financial markets are nearly perfectly rational and correct. It was the Amazon.com editors' choice as the Best Business Book of 2009 and was a New York Times Notable Book of 2009.
