Authors@Google: Justin Fox

Justin Fox visits Google to present his book "The Myth of the Rational Market". This event took place on Aug 12, 2009, as part of the Authors@Google series. Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin FoThe Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today. It's a tale that features professors who made and lost fortunes, battled fiercely over ideas, beat the house in blackjack, wrote bestselling books, and played major roles on the world stage. It's also a tale of Wall Street's evolution, the power of the market to generate wealth and wreak havoc, and free market capitalism's war with itself. The efficient market hypothesis—long part of academic folklore but codified in the 1960s at the University of Chicago—has evolved into a powerful myth. It has been the maker and loser of fortunes, the driver of trillions of dollars, the inspiration for index funds and vast new derivatives markets, and the guidepost for thousands of careers. The theory holds that the market is always right, and that the decisions of millions of rational investors, all acting on information to outsmart one another, always provide the best judge of a ...

Authors@Google: Amy Goodman

Amy Goodman visits Google's Mountain View office to present her book "Breaking the Sound Barrier". This event took place on April 30, 2010, as part of the Authors@Google series. Amy Goodman breaks through the corporate medias lies, sound-bites, and silence in this wide-ranging new collection of articles. In place of the usual suspects, the experts who, in Goodmans words, know so little about so much, explain the world to us, and get it so wrong," this accessible, lively collection allows the voices the corporate media exclude and ignore to be heard loud and clear. From community organizers in New Orleans, to the courageous American soldiers who've said "No" to Washington's wars, to the victims of torture and police violence, we are given the extraordinary opportunity to hear ordinary people standing up and speaking out. As Willie Nelson says, "There is no one who should be more on the mainstream media, every day reminding us and giving us a glimpse of the power of one." Written with all of the fierce intelligence and passion for truth that millions have come to expect from Amy Goodmans reportage, Breaking the Sound Barrier is, in Arianna Huffington's words, "crusading journalism at its best." and, here's an example: www.youtube.com