| view 👀:18 |
🙍 oneddl |
redaktor: Audio-Book-99 | Rating👍:
The Economics of the Stock Market [Audiobook] [#592113]
![The Economics of the Stock Market [Audiobook]](https://i122.fastpic.org/big/2023/0614/33/b514fe8df09091da45a28aaa95ffda33.jpeg)
Free Download The Economics of the Stock Market (Audiobook)
English | ASIN: B0C6V4XBMV | 2023 | 5 hours and 18 minutes | M4B@128 kbps | 278 MB
Author: Andrew Smithers
Narrator: Dennis Kleinman
The current consensus economic model, the neoclassical synthesis, depends on aprioristic assumptions that are shown to be invalid when tested against the data and fails to include finance. Economic policy based on this consensus has led to the financial crisis of 2008, the "Great Recession" that followed, and the slow subsequent rate of growth. In The Economics of the Stock Market, Andrew Smithers proposes a model that is robust when tested, and by including the impact of the stock market on the economy, overcomes both these defects. The faults of the current consensus model are shown to result typically from an unscientific methodology in which assumptions are held to be valid despite their incompatibility with data evidence.
Smithers demonstrates examples of these faults: the assumption that leverage does not affect the value of produced capital assets; the assumption that short-term and long-term interest rates, and the cost of equity capital, are codetermined; and the assumption that the decisions of corporate managements aim to maximize the present value of corporate assets rather than the value determined by the stock market. The Economics of the Stock Market proposes a model that includes and explains the stationarity of real returns on equity, based on the interaction of the differing utility preferences of the managers of companies and the owners of financial capital.
Links are Interchangeable - Single Extraction
⚠️ Dead Link ?
You may submit a re-upload request using the search feature.
All requests are reviewed in accordance with our Content Policy.
Looking for free software? Check out the huge selection of options available through online Freeware files download where users can easily access and install various software for free. These download links provide convenient access to a wide variety of programs, utilities, and tools to suit a variety of needs and preferences.
Are you looking for productivity, multimedia or security software? The availability of free files through online download links enables users to find the right solution for their needs in just a few clicks.
Comments (0)
Users of Guests are not allowed to comment this publication.