The Myth of the Rational Market

Chro­nicling the rise and fall of the effi­ci­ent market theory and the century-long making of the modern finan­cial indus­try, Justin Fox’s The Myth of the Ratio­nal Market is as much an intellec­tual whod­u­nit as a cultu­ral history of the perils and possi­bi­li­ties of risk.