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The Inner Lives of Markets Ray Fisman

The Inner Lives of Markets By Ray Fisman

The Inner Lives of Markets by Ray Fisman


£3.80
New RRP £20.00
Condition - Very Good
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Summary

An entertaining, insightful work of economic history that shows why humans need markets-even in unexpected places, like POW camps and organized crime rings-and how they secretly shape who we are.

The Inner Lives of Markets Summary

The Inner Lives of Markets: How People Shape Them And They Shape Us by Ray Fisman

America's economic revolution isn't just driven by technology. It's about markets.The past twenty-five years have witnessed a remarkable shift in how we get the stuff we want. If you've ever owned a business, rented an apartment, or shopped online, you've had a front-row seat for this revolution-in-progress. Breakthrough companies like Amazon and Uber have disrupted the old ways and made the economy work better,all thanks to technology.At least that's how the story of the modern economy is usually told. But in this lucid, wry book, Ray Fisman and Tim Sullivan show that the revolution is bigger than tech: it is really a story about the transformation of markets. From the auction theories that power Google's ad sales algorithms to the models that online retailers use to prevent internet fraud, even the most high-tech modern businesses are empowered by theory first envisioned by economists.And we're all participants in this revolution. Every time you book a room on Airbnb, hire a car on Lyft, or click on an ad, you too are reshaping our social institutions and our lives. The Inner Lives of Markets is necessary reading for the modern world: it reveals the blueprint for how we work, live, and shop, and offers wisdom for how to do it better.

The Inner Lives of Markets Reviews

An entertaining overview of economic thought from WWII to the 2000s...witty and energetic. --Publishers Weekly Bright, accessible...A thoughtful examination of the mechanics of our one-click world. --Kirkus Reviews This book is essential reading for any non-economist who wants to understand how markets shape our world, including transformational marketplaces like Amazon, Airbnb, and eBay. --Reid Hoffman, chairman of LinkedIn With great clarity and with many vivid examples, The Inner Lives of Markets explains how the post--World War II worldly philosophers (i.e., economists) have reconceived the workings of our economic system. That reconception takes us far from the black and white of Adam Smith and Karl Marx; yet more interestingly, it is in many shades of gray. --George Akerlof, Nobel Laureate in Economics

About Ray Fisman

Ray Fisman is the Slater Chair in behavioural Economics at Boston University. Previously, he was Lambert Family Professor of Social Enterprise and co-director of the Social Enterprise Program at the Columbia Business School. He is the author of The Org, with Tim Sullivan, and Economic Gangsters, with Ted Miguel.Tim Sullivan is the editorial director of Harvard Business Review Press and has worked at Basic Books, Portfolio, and Princeton University Press, where he helped build one of the most successful academic economics lists in the world.

Additional information

GOR012823710
9781610394925
1610394925
The Inner Lives of Markets: How People Shape Them And They Shape Us by Ray Fisman
Used - Very Good
Hardback
PublicAffairs,U.S.
20160607
224
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - The Inner Lives of Markets