The Illusion of Control: Why Financial Crises Happen, and What We Can (and Can't) Do about It

by Jón Daníelsson

A challenge to the conventional wisdom surrounding financial risk, providing insight into why easy solutions to control the financial system are doomed to fail

Finance plays a key role in the prosperity of the modern world, but it also brings grave dangers. We seek to manage those threats with a vast array of sophisticated mathematical tools and techniques of financial risk management. Too often, though, we fail to address the greatest...

• Format: Hardcover
• Language: English
• ISBN: 0300234813
• ISBN13: 9780300234817
• Release Date: June 2022
• Publisher: Yale University Press
• Length: 288 Pages
• Weight: 1.15 lbs.
• Dimensions: 1.0" x 6.4" x 9.4"