Preface to the Vintage Editon
Preface to the Original Edition
2. Efficient Markets and Central Banks?
3. Money, Banks and Central Banks
4. Stable and Unstable Markets
5. Deceiving the Diligent
6. On (Central Bank) Governors
7. Minsky Meets Mandelbrot
8. Beyond the Efficient Market Fallacy
9. Concluding Remarks
Appendix - 'On Governors' by J.C. Maxwell
Dr. George Cooper is a principal of Alignment Investors a division of BlueCrest Capital Management Ltd. He was born in Sunderland and studied at Durham University. Dr. Cooper has worked as a fund manager at Goldman Sachs and as strategist for Deutsche Bank and JPMorgan. He lives in London with his wife and two children.
"A must-read on the origins of the crisis." -The Economist "A well written book. . . . Cooper's most novel doctrine is that investors do not have to be irrational to generate bubbles. . . . Mr. Cooper traces present difficulties to the rapid growth of credit encouraged by the Fed's ultra-cheap money policy of a few years ago."-Financial Times