The Malign Hands of the Markets: The Insidious Forces on Wall Street That Are Destroying Financial Markets—And What We Can Do About It
Even after the global financial meltdown of 2008, economists have clung to Adam Smith’s “Invisible Hand” theory of an always self-regulating market that benefits private and public interests alike. But Duke University professor Staddon is here to tell that there’s also another, darker force at work on Wall Street—a “Malign Hand” that guides all human interactions, including our finances.
Combining psychology, behavioral economics, and other sciences, Staddon’s explosive new theory reveals the underlying principles behind the economic crisis, exposing the invisible mechanisms that drive our markets today.
Using economic theory, global market trends, and psychological research, Staddon’s electrifying book is both analytical and prescriptive—with a number of possible solutions to our most pressing economic concerns.