Summary and Info
* Considers neoclassical models in light of results that can go wrong with them to bring about better models. * Questions the assumption that markets clear quickly. * Offers a timely examination of the LTCM collapse. * Written by a group of well-respected and highly qualified authors.
More About the Author
James Robert "Jim" Thompson, Jr. (born May 8, 1936), also known as Big Jim Thompson, was the 37th and longest-serving Governor of the US state of Illinois, serving from 1977 to 1991. A Republican, Thompson was elected to four consecutive terms and held the office for 14 years.
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