Masters of Nothing by Nadhim Zahaw
Behaviour is important. Whether this be the behaviour of those who saw it coming, or of those who constantly berated them. The behaviour of those who rode the boom and switched at the tipping point to ride the bust, or the behaviour of those who held on to their principled as the system collapsed around them. It was human behaviour after all, that led us to construct a bubble nobody suspected was dangerous, yet nonetheless would burst with disastrous consequences. Contrary to the views of many before the crash the cycle is inevitable - you cannot eliminate boom and bust. In a boom the bullish are promoted whilst the cautious are overlooked, reinforcing the cycle. This factor is generally ignored by the beautiful but flawed models of economic analysts. Since we cannot abolish the cycle, we must ensure that busts are not so dangerous in the future. The policy solutions are there if we're brave enough, from changing incentives, and creating fiscal and financial regulators with clout and discretion, through to changing corporate governance and shifting the power of executives.
Rough Guides are written by expert authors who are passionate about both writing and travel. They have detailed knowledge of the areas they write about--having either traveled extensively or lived there--and their expertise shines through on every page. It's priceless information, delivered with wit and insight, providing the down-to-earth, honest read that is the hallmark of Rough Guides. Matthew Hancock is a freelance journalist writing regularly for national newspapers, mostly on Portugal, including The Telegraph, The Guardian, The Independent, and High Life (British Airways' in-flight magazine). Hancock is also the author of Rough Guide Directions: Madeira, Lisbon, and the Algarve. He is the coauthor of The Rough Guide to Portugal.
| SKU | Unavailable |
| ISBN 13 | 9781849541435 |
| ISBN 10 | 1849541434 |
| Title | Masters of Nothing |
| Author | Nadhim Zahaw |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Biteback Publishing |
| Year published | 2011-09-02 |
| Number of pages | 274 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |