Can the Free Market Pick Winners? - Davidson, Paul
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The purpose of this volume is to reopen the discussion of how to develop the economic theory of investment to better model the facts of experience and to provide policy makers with a better understanding of how capital markets work. In this final decade of the twentieth century, almost everyone agrees that human progress will be closely related to the decisions regarding the investments made to promote economic growth of output. Despite the Nobel prize work done in recent decades, economic performance in this area seems to have worsened. Clearly, a reopening of public discussion on what is…mehr

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Produktbeschreibung
The purpose of this volume is to reopen the discussion of how to develop the economic theory of investment to better model the facts of experience and to provide policy makers with a better understanding of how capital markets work. In this final decade of the twentieth century, almost everyone agrees that human progress will be closely related to the decisions regarding the investments made to promote economic growth of output. Despite the Nobel prize work done in recent decades, economic performance in this area seems to have worsened. Clearly, a reopening of public discussion on what is required is necessary. Until we get our theory right, it is impossible to get our public policy right. This book does not promise to provide "the" correct theory. Instead, it hopes to stimulate the reader into an understanding of where we may have gone wrong, and how we might rectify our mistakes.
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Autorenporträt
Paul Davidson is an author and screenwriter who has spent years working in Hollywood as an executive and producer, as well as the maddeningly hilarious world of tech behemoths like, oh I don't know...Microsoft.He lampooned corporate America in his first book Consumer Joe: Harassing Corporate America, One Letter at a Time (Random House) and imagined what the world would have been like if historical figures had been able to blog in The Lost Blogs: From Jesus to Jim Morrison (Hachette Publishing). Most recently, he released his debut fiction novel The Small Stuff (Hadleigh House) which Publisher's Weekly called a "quirky debut rom-com" that was "sure to stick in readers' minds."His writing has been featured in Wired, the Los Angeles Times and Mental Floss and he also hosts the film commentary podcast The Side Track.Paul lives in Los Angeles.