The natural instability of markets
Michael Perelman
Reading Time
at 250 WPM3h 28m
The average reader, reading at a speed of 250 WPM, would take 3h 28m to read The natural instability of markets.
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7
days at 30 min/day
208
total minutes
The natural instability of markets
Published
Jun 30, 1999
Publisher
Palgrave Macmillan; 1st edition (1999-06-12)
Pages
208
ISBN-13
9780333775325
ISBN-10
0333775325
Description
In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets - what had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. Michael Perelman argues that capitalism's victory is temporary, based as it is on an unrealistic understanding of the system's inherent risks. He analyzes the nature and causes of crisis within a market society and along the way, he reexamines one of capitalism's most primary and unquestioned tenets - the more competition there is, the better off society will be. This accessible book, garnished with plenty of examples and anecdotes, is an open-minded injection of common sense into the understanding of a capitalist society.
Subjects
The great crash, 1929
Manias, panics, and crashes
The theory of business enterprise 1904
This time is different
The design of experiments
A short history of financial euphoria
Frequently Asked Questions
How many pages are in The natural instability of markets?
This edition of The natural instability of markets has approximately 208 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read The natural instability of markets?
For most readers, The natural instability of markets typically takes between 4h 20m and 2h 53m to complete. This is based on the book's length of approximately 52,000 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 3h 28m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 7 days • Estimated word count: 52,000 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of The natural instability of markets?
The estimated word count for The natural instability of markets is approximately 52,000 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of The natural instability of markets?
The natural instability of markets was written by Michael Perelman.
When was The natural instability of markets published?
The publication date for this specific edition is Jun 30, 1999. The original work may have been published on a different date.