The Myth of the Rational Market

The Myth of the Rational Market by Justin Fox offers a engaging history of the influential efficient markets theory, tracing its rise and fall from early Wall Street days to the modern financial crisis. Celebrated for its insightful and witty approach, the book explores the shift toward behavioral economics and challenges long-held beliefs about market rationality. Recognized as a notable and bestselling work, it provides a compelling and accessible look at economic ideas that shape the world of finance.