The inner lives of markets : how people shape them--and they shape us
(Book)
Author
Contributors
Sullivan, Tim, 1970- author.
Status
Bloomfield Public Library - Adult Nonfiction
381 Fisman
1 available
381 Fisman
1 available
Description
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Copies
Location | Call Number | Status |
---|---|---|
Bloomfield Public Library - Adult Nonfiction | 381 Fisman | Available |
More Details
Format
Book
Physical Desc
x, 206 pages ; 25 cm.
Language
English
Notes
Bibliography
Includes bibliographical references and index.
Description
"What is a market? To most people it is a shopping center or an abstract space in which stock prices vary minutely. In reality, a market is something much more fundamental to being human, and it affects not just the price of tomatoes but the boundaries of everything we value. Reading the newspapers these days, you could be forgiven for thinking that markets are getting ever more efficient--and better. But as Tim Sullivan and Ray Fisman argue in this insightful book, that view is far from complete. For one thing, efficiency isn't always a good thing--illegal markets are very often more efficient than legal ones, because they are free of concern for laws and human rights. But even more importantly, the chatter about efficiency has obscured a much broader conversation about what kind of economic exchange we actually want. Every regulation, every sticker price, and every sale is part of an ever-changing ecosystem--one that affects us as much as we affect it. By tracing 50 years of economic thought on this subject, Fisman and Sullivan show how markets have evolved--and how we can keep making them better. This leads to fascinating and surprising insights, such as: Why your $10,000 used car is likely to sell for $2,000 or less; Why you should think twice before buying batteries on Amazon; and Why it's essential that healthy people buy medical insurance. In the end, The Inner Lives of Markets argues for a new way of thinking about how you spend your money--it shows that every transaction you make is part of a grand social experiment. We are all guinea pigs running through a lab maze, and the sooner we realize it, the more effectively we can navigate the path we want"--,Provided by publisher.
Citations
APA Citation, 7th Edition (style guide)
Fisman, R., & Sullivan, T. (2016). The inner lives of markets: how people shape them--and they shape us (First edition.). PublicAffairs.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Fisman, Raymond and Tim Sullivan. 2016. The Inner Lives of Markets: How People Shape Them--and They Shape Us. PublicAffairs.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Fisman, Raymond and Tim Sullivan. The Inner Lives of Markets: How People Shape Them--and They Shape Us PublicAffairs, 2016.
MLA Citation, 9th Edition (style guide)Fisman, Raymond,, and Tim Sullivan. The Inner Lives of Markets: How People Shape Them--and They Shape Us First edition., PublicAffairs, 2016.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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