REINVENTING THE BAZAAR CL: The Natural History of Markets - Hardcover

McMillan, John

 
9780393050219: REINVENTING THE BAZAAR CL: The Natural History of Markets

Inhaltsangabe

Clear, insightful, and nondogmatic, this book gives us a new appreciation for one of our most ubiquitous institutions. From the wild swings of the stock market to the online auctions of eBay to the unexpected twists of the world's post-Communist economies, markets have suddenly become quite visible. We now have occasion to ask, "What makes these institutions work? How important are they? How can we improve them?" Taking us on a lively tour of a world we once took for granted, John McMillan offers examples ranging from a camel trading fair in India to the $20 million per day Aalsmeer flower market in the Netherlands to the global trade in AIDS drugs. Eschewing ideology, he shows us that markets are neither magical nor immoral. Rather, they are powerful if imperfect tools, the best we've found for improving our living standards. Peter Bernstein's Against the Gods enabled us to see risk in a whole new light. McMillan's book will do the same for markets.

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Reseña del editor

From the wild swings of the stock market to the online auctions of eBay to the unexpected twists of the world's post-Communist economies, markets have suddenly become quite visible. It is now questioned what makes these institutions work, how important they are and how we can improve them. This text takes the reader on a tour of a world we once took for granted, offering examples ranging from a camel trading fair in India to the 20 million dollar per day Aalsmeer flower market in the Netherlands to the global trade in AIDS drugs. Eschewing ideology, this text aims to show that markets are neither magical nor immoral. Rather, they are powerful if imperfect tools, the best we've found for improving our living standards.

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9780393323719: Reinventing the Bazaar: A Natural History of Markets

Vorgestellte Ausgabe

ISBN 10:  0393323714 ISBN 13:  9780393323719
Verlag: WW Norton & Co, 2003
Softcover