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Dave Elder-Vass argues that economists have failed to understand the nature and function of value. This book shows how value works, drawing on contemporary financial examples: the mortgage-backed securities that caused the global crash of 2008, how venture capitalists secure outrageous valuations for new companies, and the rise of Bitcoin.

Produktbeschreibung
Dave Elder-Vass argues that economists have failed to understand the nature and function of value. This book shows how value works, drawing on contemporary financial examples: the mortgage-backed securities that caused the global crash of 2008, how venture capitalists secure outrageous valuations for new companies, and the rise of Bitcoin.
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Autorenporträt
Dave Elder-Vass's experience as a government economist, a corporate IT manager, and a sociologist at Loughborough University gives him a unique insight into the contemporary economy. His previous books include Profit and Gift in the Digital Economy (2016) and The Reality of Social Construction (2012).