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El. knyga: Fischer Black and the Revolutionary Idea of Finance

4.01/5 (162 ratings by Goodreads)
  • Formatas: PDF+DRM
  • Išleidimo metai: 30-Nov-2011
  • Leidėjas: John Wiley & Sons Inc
  • Kalba: eng
  • ISBN-13: 9781118287620
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  • Formatas: PDF+DRM
  • Išleidimo metai: 30-Nov-2011
  • Leidėjas: John Wiley & Sons Inc
  • Kalba: eng
  • ISBN-13: 9781118287620
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praise for FISCHER BLACK AND THE REVOLUTIONARY IDEA OF FINANCE

"The story of Fischer Black. . . . is remarkable both because of the creativity of the man and because of the revolution he brought to Wall Street. . . . Mehrling's book is fascinating." —FINANCIAL TIMES

"A fascinating history of things we take for granted in our everyday financial lives." —THE NEW YORK TIMES

"Mehrling's book is essential reading for anyone interested in the development of modern finance or the life of an idiosyncratic creative genius." —PUBLISHERS WEEKLY

"Fischer Black was more than a vital force in the development of finance theory. He was also a character. Perry Mehrling has captured both sides of the picture: the evolution of thinking about the pricing of risk and time, as well as the thinkers, especially this fascinating eccentric, who worked it out." —ROBERT M. SOWLO, Nobel laureate and Institute Professor of Economics, Emeritus, Massachusetts Institute of Technology

"Although I worked closely with Fischer for nine years at Goldman Sachs and clearly recognized both his genius and the breadth and originality of his ideas, until I read this book, I had only the vaguest grasp of the source of his inspiration and no understanding at all of the source of his many idiosyncrasies." —BOB LITTERMAN, Partner, Kepos Capital

"Perry Mehrling has done a remarkable job of tracing the intellectual and personal development of one of the most original and complex thinkers of our generation. Fischer Black deserved it: a charming and brilliant book about a charming and brilliant man." —ROBERT E. LUCAS JR., Nobel laureate and Professor of Economics, The University of Chicago
Acknowledgments ix
Foreword xv
Preface xxi
Prologue The Price of Risk 1(22)
One Thou Living Ray of Intellectual Fire
23(26)
Two An Idea in the Rough
49(24)
Three Some Kind of an Education
73(26)
Four Living Up to the Model
99(20)
Five Tortuous Economic Intuition
119(20)
Six The Money Wars
139(26)
Seven Global Reach
165(24)
Eight Stagflation
189(26)
Nine Changing Fields
215(16)
Ten What Do Traders Do?
231(24)
Eleven Exploring General Equilibrium
255(28)
Epilogue Nothing Is Constant 283(16)
Appendix A A Financial Notes Chronology 299(2)
Appendix B A Newsletter Chronology 301(2)
Notes 303(24)
References 327(28)
Index 355
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.