#9,273 in Business & money books
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Reddit mentions of The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street
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Reddit mentions: 2
We found 2 Reddit mentions of The Myth of the Rational Market: A History of Risk, Reward, and Delusion on Wall Street. Here are the top ones.
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| Release date | June 2009 |
A master's degree interested in financial crashes, countless articles on the rise of neoliberalism, and quite a few books on the nature of financial crashes and financialization. I mean there are like 20,000 books on the crash by now, you can read your pick at this point.
I recommend:
Eichengreen's hall of mirrors
The Myth of the Rational Market - not crash specific, but does detail the creation of the idea of the market as fully rational, as invented by business school professors with political agendas.
Fragile by Design which has a section on the US.
Lost decades, a fairly typical overview type book of the crash specifically.
Exorbitant Privilege
Capitalizing on Crisis looks more at the political process which created neoliberal policies. Basic idea being that politicians found necessary reform difficult and politically problematic, so they invented the idea of "the market" as a thing that must be answered to, and then said "the market is making us do it," eschewing the traditional controls that the state had on the economy.
Next time you ask a question, maybe you should wait for me to answer it.
I think you're experiencing what a lot of young people are -- even though you may have been raised as a conservative, the Republican party of today has very little in common with the party of their parents. I know lots of Republicans who describe themselves as fiscally conservative and socially moderate, and they feel cast out by the Republican party.
I would highly recommend Robert Reich's movie, Inequality for All as a starting point, along with Stiglitz's The Price of Inequality. On TV, Bill Moyers is about as good as it gets.
Frankly, I would not start with the left leaning pundits. I like listening to them, but I don't necessarily thing they're great for someone like you, who's trying to decide what's right and wrong. Another good book that pretty much demolishes the basis of libertarianism, i.e. the whole "rational market" theory, is The Myth of the Rational Market by Justin Fox.
I wish you well in your journey of discovery.