Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Capital Ideas Evolving
    Capital Ideas Evolving
    Capital Ideas Evolving
    Audiobook10 hours

    Capital Ideas Evolving

    Written by Peter L. Bernstein

    Narrated by Sean Pratt

    4/5

    ()

    Switch to ebook

    About this audiobook

    In all of history and in all fields of intellectual endeavor, a tension has existed between theory and practice. Those who earn a living in the real world seldom want to appear as slaves to some set of abstract ideas. It was no surprise, therefore, that the word “baloney” was Wall Street's greeting to the pioneering theories of finance developed by a small group of academics from 1954-1972. Yet those breakthrough theories would in time earn five Nobel Prizes in Economic Science. Baloney they were not.

    Bernstein, today's foremost financial historian expands here upon his groundbreaking book of 1992, Capital Ideas: The Improbable Origins of Modern Wall Street, to recount how these financial theories finally migrated from towers of ivory to towers of glass on Wall Street and other financial centers around the world. The result has been a global revolution in the nature of financial markets, the menu of investment strategies, the development of exotic financial instruments, and the role of an uncertain future in all investment decisions. Even the academics who originally developed these theories are active today in the markets and in the creation of new financial structures and strategies.

    Based on personal interviews with leading practitioners and theorists, this audio describes how today's key practical applications developed from the core ideas of finance theory into the new and exciting formats of the investment process found in today's environment. This engaging and insightful audio book brings to life the individuals, ideas and issues that are transforming the financial landscape.
    LanguageEnglish
    PublisherAscent Audio
    Release dateJan 22, 2009
    ISBN9781596593367

    Related to Capital Ideas Evolving

    Related audiobooks

    Business For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      How To Spot A Financial Bubble

      Oct 2, 2020

      one of the most influential mathematicians of all time, Sir Isaac Newton, lost a fortune by investing in the South Sea Bubble of 1720. When asked why, with all his mathematical prowess, he could not foresee the collapse of the stock, he is reputed to

      3 min read

    • Article

      Stock Market Today: Tech Rallies, Nasdaq Just Shy of New Highs

      Jun 17, 2021

      The Nasdaq Composite pressed higher Thursday, to within just a few points of a fresh closing record, flipping the script on how the technology-heavy index has acted for much of 2021. The Federal Reserve yesterday revealed higher expectations for infl

      2 min read

    • Article

      Investment Strategies For The 4 Stages Of The Economic Cycle

      Sep 19, 2021

      My approach to investing is based on the economic cycle (see below). Our economy goes through different stages of the economic cycle, where different types of investments will do better or worse. At my firm, we adjust the general allocation of stocks

      3 min read

    • Article

      9 Great Alternative-Strategy Funds for Volatility

      May 26, 2022

      There have been few places to hide for investors this year. Both stocks and bonds have tumbled – since the start of 2022, the Vanguard Balanced fund, a portfolio of 60% stocks and 40% bonds, has lost 13%. Moreover, interest rates are still rising, in

      9 min read

    • Article

      Stop 'Dollar-Cost Ravaging' Your Portfolio in Retirement

      Feb 17, 2020

      It's been more than seven years since Wade Pfau, one of the top experts in retirement research, wrote a column for MarketWatch urging readers to "Say Goodbye to the 4% Rule." In it, Pfau suggests that the "rule" -- which is more of a theory, really -

      3 min read

    • Article

      Big Bad Blaser Brothers

      Jun 8, 2020

      Big Bad Blaser Brothers
      7 min read

    • Article

      A Conversation with a Short Seller

      Aug 18, 2020

      A short seller leads a lonely life, it seems. Short sellers profit from stocks that decline in value. So, when they win, it means that most of their friends and family are likely losing. And when they lose? Well … they don't generally get a lot of sy

      4 min read

    • Article

      Certain Strategies For Uncertain Time

      Jun 4, 2020

      I’m writing this at the beginning of May 2020, when New Zealand is still in “lockdown” because of Covid-19, so I’m well aware that by the time you’re reading this, things will be very different to how they are now. We are in unusual times. That human

      3 min read

    • Article

      Narratives And Numbers

      May 15, 2020

      Narratives And Numbers
      3 min read

    • Article

      Can Cycles Help You Predict Markets?

      Jun 16, 2023

      “The wheel is come full circle,” says Shakespeare’s Edmund when confronted with the carnage surrounding him at the end of King Lear. The notion of a wheel of fortune has endured since antiquity. There are good times and bad times. There are bull mark

      3 min read

    • Article

      The Keynesian Revolution and Our Empty Economy: We’re All Dead

      Jan 1, 2020

      By Victor V. Claar and Greg Forster New York: Palgrave Macmillan, 2019. Pp. xvii, 345. $89 hardcover. Is our economic system struggling on many dimensions? Is the practice of economics responsible for the problems in the economy? Can we identify the

      5 min read

    • Article

      Ideologies, Institutions, and Interests: Why Economic Ideas Don’t Compete on a Level Playing Field

      Jul 1, 2020

      Economists are not outside of the economy; they are part and parcel of it.... The economist is a rational, maximizing individual, subject to the predictions of economic science. In this sense there is no way that the economist cannot be influenced by

      24 min read

    • Article

      Mises’s Human Action and Its Place in Science and Intellectual Culture

      Jan 1, 2020

      I consider Ludwig von Mises’s Human Action: A Treatise on Economics the greatest work in economics and political economy in the twentieth century, and it ranks in the top five books of all time in the discipline, alongside Wealth of Nations by Adam S

      14 min read

    • Article

      If China Weaponises Capital, It Will Shoot Itself In The Foot

      Jul 17, 2021

      The word maodun, or contradiction, has a long history in Chinese Marxist thought, but its origins go back long before communism. It refers to the "contradiction" between a spear that penetrates anything, and a shield that can never be pierced: irresi

      2 min read

    • Article

      Merchants of Death

      Dec 13, 2023

      Merchants of Death
      7 min read

    • Article

      Neoliberalalism, We Hardly Knew Ye

      Jan 21, 2022

      IT WOULDN’T BE entirely accurate to say that no one knows what the hell neoliberal means. Plenty of people are quite sure they know what it means. It’s just that they can’t agree on a common definition. Consider two articles published in two differen

      15 min read

    • Article

      Contra-capitalism: The Exit Ramp from Market-Oriented Business

      Mar 15, 2022

      “If names be not correct, language is not in accordance with the truth of things.” So says The Analects of Confucius. Which is why the argument set forth by Michael C. Munger and Mario Villarreal-Diaz in an article in a recent issue of The Independen

      38 min read

    • Article

      Classical Economics: Lost and Found

      Jul 1, 2020

      At mid-twentieth century, the neoclassical mathematical theory of value culminated in Kenneth Arrow and Gerard Debreu’s (1954) model, which characterizes the static general equilibrium state of an economy. However, this description is unsatisfactory

      19 min read

    Related categories

    Reviews for Capital Ideas Evolving

    4/5

    23 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words