by David Dreman
26. Maurice Marwood, “That’s Where the Money Is,” Nassau Institute, January 18, 2004.
27. “Opening Remarks of Chairman Phil Angelides at the Financial Crisis Inquiry Commission Hearing on the Credibility of Credit Ratings,” June 2, 2010.
28. Zeke Faux and Jody Shenn, “Subprime Mortgage Bonds Getting AAA Rating S&P Denies to U.S. Treasuries,” Bloomberg Businessweek, August 31, 2011.
29. United States Senate Permanent Subcommittee on Investigations, Committee on Homeland Security and Government Affairs, “Exhibits: Hearing on Wall Street and the Financial Crisis—The Role of Investment Banks,” Exhibit 105, e-mail from Tom Montag to Daniel L. Sparks, Washington, D.C., April 27, 2010.
30. Christine Harper and David Voreacos, “Goldman Sachs Chief Blankfein Hires Attorney Weingarten for Probe by U.S.,” Bloomberg Businessweek, August 22, 2011.
CHAPTER 16: THE NOT-SO-INVISIBLE HAND
1. Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations (London: W. Strahan and T. Cadell, 1776), Vol. 1, p. 349.
2. Ibid., p. 43.
3. T. G. Buchholz, New Ideas from Dead Economists: An Introduction to Modern Economic Thought (London: Penguin, 1999), p. 17.
4. David Ricardo, On the Principles of Political Economy and Taxation (London: John Murray, 1817).
5. Ibid.
6. John Harwood, “53% in US Say Free Trade Hurts Nation: NBC/WSJ Poll,” CNBC, September 28, 2010.
7. Paul R. Krugman, “Is Free Trade Passé?” Journal of Economic Perspectives 1, No. 2 (1987): 131–144.
8. Ministry of Labour and State Statistical Bureau, “(DA) Labour-Related Establishment Survey.” Survey. Laborsta Internet. ILO Department of Statistics.
9. David Barboza, Christopher Drew, and Steve Lohr, “G.E. to Share Jet Technology with China in New Joint Venture,” The New York Times, January 17, 2011.
10. Mark Lee and Bruce Einhorn, “Microsoft’s Ballmer Says China Piracy Makes India a Better Bet,” Bloomberg, May 25, 2010.
11. Ibid.
12. Shaun Rein, “Piracy from China: How Microsoft, Ralph Lauren, Nike and Others Can Cope,” Seeking Alpha, April 9, 2007.
13. “Trade in Goods with China,” U.S. Census Bureau: Foreign Trade, revised June 2009, 2011. Online at http://www.census.gov/foreign-trade/balance/c5700.html.
14. Senator Carl Levin at Congressional Executive China Commission Hearing, “Will China Protect Intellectual Property? New Developments in Counterfeiting, Piracy and Forced Technology Transfer,” September 22, 2010.
15. Wayne M. Morrison, “China-U.S. Trade Issues,” Congressional Research Service, CRS Report for Congress, January 7, 2011, p. 2.
16. Catherine Rampell, “Second Recession in U.S. Could be Worst Than First,” The New York Times, August 7, 2011.
17. Grail Research, “Global Financial Crisis: Bailout/Stimulus Tracker,” September 12, 2009. Stimulus announced by respective governments.
18. Jeannine Aversa, “Bernanke Hits Back at Critics of Bond-Buying Plan,” Washington Associated Press, November 19, 2010.
19. Ibid.
20. Benjamin Graham and David L. Dodd, Security Analysis: Principles and Technique (New York: McGraw-Hill, 2005).
21. Richard J. Whalen, “Joseph P. Kennedy: A Portrait of the Founder,” Fortune, April 10, 2011.
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CHAPTER 2: THE PERILS OF AFFECT
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CHAPTER 3: TREACHEROUS SHORTCUTS IN DECISION MAKING
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CHAPTER 4: CONQUISTADORS IN TWEED JACKETS
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CHAPTER 5: IT’S ONLY A FLESH WOUND
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CHAPTER 6: EFFICIENT MARKETS AND PTOLEMAIC EPICYCLES
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CHAPTER 7: WALL STREET’S ADDICTION TO FORECASTING
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CHAPTER 8: HOW BIG A LONG SHOT WILL YOU PLAY?
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CHAPTER 9: NASTY SURPRISES AND NEUROECONOMICS
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