Mehrling / Brown Fischer Black and the Revolutionary Idea of Finance

1. Auflage 2011
ISBN: 978-1-118-28763-7
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 400 Seiten, E-Book

Praise for FISCHER BLACK AND THE REVOLUTIONARY IDEA OFFINANCE
"The story of Fischer Black. . . . is remarkable both because ofthe creativity of the man and because of the revolution he broughtto Wall Street. . . . Mehrling's book is fascinating."
--FINANCIAL TIMES
"A fascinating history of things we take for granted in oureveryday financial lives."
--THE NEW YORK TIMES
"Mehrling's book is essential reading for anyone interested inthe development of modern finance or the life of an idiosyncraticcreative genius."
--PUBLISHERS WEEKLY
"Fischer Black was more than a vital force in the development offinance theory. He was also a character. Perry Mehrling hascaptured both sides of the picture: the evolution of thinking aboutthe pricing of risk and time, as well as the thinkers, especiallythis fascinating eccentric, who worked it out."
--ROBERT M. SOLOW, Nobel laureate and InstituteProfessor of Economics, Emeritus, Massachusetts Institute ofTechnology
"Although I worked closely with Fischer for nine years atGoldman Sachs and clearly recognized both his genius and thebreadth and originality of his ideas, until I read this book, I hadonly the vaguest grasp of the source of his inspiration and nounderstanding at all of the source of his manyidiosyncrasies."
--BOB LITTERMAN, Partner, Kepos Capital
"Perry Mehrling has done a remarkable job of tracing theintellectual and personal development of one of the most originaland complex thinkers of our generation. Fischer Black deserved it:a charming and brilliant book about a charming and brilliantman."
--ROBERT E. LUCAS JR., Nobel laureate and Professor ofEconomics, The University of Chicago

Autoren/Hrsg.

Mehrling, Perry

Brown, Aaron

Inhaltsverzeichnis

Acknowledgments ix
Foreword xv
Preface xxi
Prologue The Price of Risk 1
ONE Thou Living Ray of Intellectual Fire 23
TWO An Idea in the Rough 49
THREE Some Kind of an Education 73
FOUR Living Up to the Model 99
FIVE Tortuous Economic Intuition 119
SIX The Money Wars 139
SEVEN Global Reach 165
EIGHT Stagflation 189
NINE Changing Fields 215
TEN What Do Traders Do? 231
ELEVEN Exploring General Equilibrium 255
Epilogue Nothing Is Constant 283
Appendix A A Financial Notes Chronology 299
Appendix B A Newsletter Chronology 301
Notes 303
References 327
Index 355

Über Autor(innen)

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, and The New Lombard Street: How the Fed became the Dealer of Last Resort. Dr. Mehrling's specialty is the study of financial theory and the history of economics.