The Map and the Territory: Risk, Human Nature, and the Future of Forecasting
Language: English
Published by Penguin Press, 2013
- Signed
- Hardcover
- Used
Seller: Riverby Books, Fredericksburg, VA, U.S.A.Riverby Books
AbeBooks seller since June 4, 2001
Condition: Used - Very good
£ 50.67
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Add to basketItem description from seller
Hardcover with dust jacket. White paper quarter binding, with grey paper over boards; silver lettering on the spine and front cover. Title and copyright pages dated 2013. 388 pages. Very good condition. Binding is square and sturdy. Previous price is written in pencil on front free endpaper; pages are otherwise free from unwanted markings. Dust jacket is yellow and grey, with black and white lettering on the spine and front cover. Very good condition. Minor wear to corners. Signed by the author, in blue ink, on a Penguin Press bookplate affixed to the front pastedown. Former Fed chairman Alan Greenspan reckons with the 2008 financial crisis.
Seller Inventory # 8-2531
- Title
- The Map and the Territory: Risk, Human Nature, and the Future of Forecasting
- Author
- Greenspan, Alan
- Publisher
- Penguin Press
- Publication year
- 2013
- Condition
- Very Good
- Dust jacket
- Very Good
- Signed
- Signed by Author(s)
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1594204810
- ISBN 13
- 9781594204814
Like all of us, though few so visibly, Alan Greenspan was forced by the financial crisis of 2008 to question some fundamental assumptions about risk management and economic forecasting. No one with any meaningful role in economic decision making in the world saw beforehand the storm for what it was. How had our models so utterly failed us?
 
To answer this question, Alan Greenspan embarked on a rigorous and far-reaching multiyear examination of how Homo economicus predicts the economic future, and how it can predict it better. Economic risk is a fact of life in every realm, from home to business to government at all levels. Whether we&;re conscious of it or not, we make wagers on the future virtually every day, one way or another. Very often, however, we&;re steering by out-of-date maps, when we&;re not driven by factors entirely beyond our conscious control.
The Map and the Territory is nothing less than an effort to update our forecasting conceptual grid. It integrates the history of economic prediction, the new work of behavioral economists, and the fruits of the author&;s own remarkable career to offer a thrillingly lucid and empirically based grounding in what we can
know about economic forecasting and what we can&;t.The book explores how culture is and isn't destiny and probes what we can predict about the world's biggest looming challenges, from debt and the reform of the welfare state to natural disasters in an age of global warming.
No map is the territory, but Greenspan&;s approach, grounded in his trademark rigor, wisdom, and unprecedented context, ensures that this particular map will assist in safe journeys down many different roads, traveled by individuals, businesses, and the state.
"Synopsis" may belong to another edition of this title.
About the Author
Alan Greenspan was born in 1926 and reared in the Washington Heights neighborhood of New York City. After studying the clarinet at Juilliard and working as a professional musician, he earned his B.A., M.A., and Ph.D. in economics from New York University. In 1954, he cofounded the economic consulting firm Townsend-Greenspan & Co. From 1974 to 1977, he served as chair of the Council of Economic Advisors under President Gerald Ford. In 1987, President Ronald Reagan appointed him chairman of the Federal Reserve Board, a position he held until his retirement in 2006. He is the author of the number oneNew York Times bestseller The Age of Turbulence.
"About the title" may belong to another edition of this title.
Riverby Books
Fredericksburg, VA, U.S.A.
AbeBooks seller since June 4, 2001
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