Cart
Free US shipping over $10
Proud to be B-Corp

Fischer Black and the Revolutionary Idea of Finance Perry Mehrling

Fischer Black and the Revolutionary Idea of Finance By Perry Mehrling

Fischer Black and the Revolutionary Idea of Finance by Perry Mehrling


$20,99
Condition - Very Good
Only 1 left

Summary

Besides revolutionizing finance by providing the methodology to price a new instrument-through the Black-Scholes option pricing model-Fischer Black revolutionized Wall Street by effectively developing what is now known as quantitative finance.

Fischer Black and the Revolutionary Idea of Finance Summary

Fischer Black and the Revolutionary Idea of Finance by Perry Mehrling

Fischer Black and the Revolutionary Idea of Finance explores Fischer Black's intellectual journey from Harvard to the offices of ADL, from the University of Chicago to MIT, and then to Goldman Sachs. Years of research and interviews with Black's business and academic associates, as well as family and friends, are distilled into a scholarly yet personal story of the formation and development of the extraordinary mind and unique character of this unassuming renegade. This poignant book tells the story of one man's intellectual adventure at the very center of modern finance. It is a story about the birth of quantitative finance and financial engineering. It is also the story about the continuing human quest to defeat the dark forces of time and ignorance, as John Maynard Keynes famously put it.

Fischer Black and the Revolutionary Idea of Finance Reviews

...excellent... (getAbstract.com, 7th November 2005) a rigorous but rewarding biography (CFO Europe, October 2005) highly readable (Benefits & Compensation International, October 2005) ...well-researched...recommended... (Accounting Technician, September 2005) The story of Fischer Black...is remarkable both because of the creativity of the man and because of the revolution he brought to wall Street... Mehrling's book is fascinating... (Financial Times, 12th September 2005) ...recommended as readable to those with the intellectual curiosity to pursue financial theory... (The Independent, 30 July 2005) ... a vignette-based business biography that captures the essence of this extraordinary man...engaging and entertaining... (Credit Control Journal, July 2005) ...serves as the best currently available general history of the revolution in finance. (Publishers Weekly, June 6, 2005) A fascinating history of things we take for granted in our everyday financial lives. (The New York Times) [Fischer Black and the Revolutionary Idea of Finance] does an exceptional job of capturing Black's spirit and gives an insightful inside account of the academic financial revolution. (Global Association of Risk Professionals magazine) Mehrling skillfully interweaves the stories of Black's career, his sometimes-difficult personal life, and his contributions to finance and to economics ... In telling the story of Black's life, Mehrling casts light on a crucial, underappreciated aspect of the making of our current world. (Science magazine) ...Wit and insight ( Financial Management, December 2006)

About Perry Mehrling

PERRY MEHRLING is Professor of Economics at Barnard College of Columbia University. He holds a PhD from Harvard University and is the author of The Money Interest and the Public Interest: American Monetary Thought, 1920 1970. Dr. Mehrling's specialty is the study of financial theory and the history of economics.

Table of Contents

Acknowledgments. Prologue: The Price of Risk. One: Thou Living Ray of Intellectual Fire. Two: An Idea in the Rough. Three: Some Kind of an Education. Four: Living Up to the Model. Five: Tortuous Economic Intuition. Six: The Money Wars. Seven: Global Reach. Eight: Stagflation. Nine: Changing Fields. Ten: What Do Traders Do? Eleven: Exploring General Equilibrium. Epilogue: Nothing Is Constant. Notes. References. Index.

Additional information

GOR003018131
9780471457329
0471457329
Fischer Black and the Revolutionary Idea of Finance by Perry Mehrling
Used - Very Good
Hardback
John Wiley and Sons Ltd
20050630
374
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Fischer Black and the Revolutionary Idea of Finance