The science behind and economic consequences of fear are explained by demonstrating how fear can drive markets to disastrous lows and how the financial industry profits most when fear and volatility are highest. The reader is offered recommendations that can resolve market fears and bolster world economies.
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COLIN READ is Professor of Economics and Finance at SUNY College at Plattsburgh, and a columnist for the Plattsburgh New York Press Republican newspaper. He has taught economics and finance for 25 years. His recent books include Global Financial Meltdown: How We Can Avoid the Next Economic Crisis and International Taxation Handbook (edited with G. Gregoriou). He has written dozens of papers on market failure, volatility, and housing markets, writes a monthly column in a business trade journal, and appears monthly on a local PBS television show to discuss the regional and national economy.
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Buch. Zustand: Neu. Neuware -A fascinating discussion of the role played by fear in financial market panics. Professor Read demonstrates, in easy-to-understand terms, that rising market fear portends to major financial declines. He explains the science and the economics of fear and shows that the financial market has learned how to capitalize on investor or economic fearSpringer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 264 pp. Englisch. Artikel-Nr. 9780230228467
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