"How investor expectations move markets and the economy. The collapse of Lehman Brothers in September 2008 caught markets and regulators by surprise. Although the government rushed to rescue other financial institutions from a similar fate after Lehman, it could not prevent the deepest recession in postwar history. A Crisis of Beliefs makes us rethink the financial crisis and the nature of economic risk. In this authoritative and comprehensive book, two of today's most insightful economists reve

A sharp and illuminating history of one of capitalism's longest running tensions - the conflicts of interest among public company directors, managers, and shareholders - told through entertaining case studies and original letters from some of our most legendary and controversial investors and activists.