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The Myth of the Rational Market

The Myth of the Rational Market

A History of Risk, Reward, and Delusion on Wall Street

by Justin Fox

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Should I read this?

appears in Economics, Finance, and Business.

?Do we really need yet another book about the financial crisis Yes, we do?because this one is different?.A mustread 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 PostDispatch A lively history of ideas, The Myth of the Rational Market by former Tim...

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appears in Economics, Finance, and Business.

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Appears In

The Undoing Project
Try This Instead

Not sure if this is the right fit?

Consider The Undoing Project by Michael Lewis. Recommended by 18 sources.

Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.

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The Myth of the Rational Market

The Myth of the Rational Market

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