Synopses & Reviews
In this groundbreaking book, Tuckett argues that most economists' explanations of the financial crisis miss its essence; they ignore critical components of human psychology. He offers a deeper understanding of financial market behavior and investment processes by recognising the role played by unconscious needs and fears in all investment activity
Review
"
Minding the Markets is a real contribution... a book the world really needs." --George Akerlof, Nobel Laureate and American Economist
"Read this book if you want to understand the behaviour of financial markets."-- Mervyn King, Governor of the Bank of England
"David Tuckett's work on the emotional underworld of asset management and financial markets is a true tour de force... As Psycho-analyst, exceptional interviewer and rare interdisciplinary scholar he has brought sensitivity and sensibility to a world of unreason."--Neil J.Smelser, University Professor of Sociology Emeritus, University of California, Berkeley, USA; and former Director of the Center for Advanced Study in the Behavioural Sciences in Stamford, California and President of the American Sociological Association (1997)
About the Author
DAVID TUCKETT is Fellow of the Institute of Psychoanalysis in London, UK, and Professor at UCL, UK. Recently honored with a Sigourney Award for Psychoanalysis, the highest prize in his field, Professor Tuckett has brought together his initial training as an Economist with his subsequent work in Sociology and Psychoanalysis to initiate a new line of research; the significance of which has been recognized with recent contributions to the Global Economic Symposium and the Global Risks Network of the World Economic Forum. Previously Principal of the Health Education Studies Unit at Cambridge University and Editor in Chief of the International Journal of Psychoanalysis, he is the author of many papers and several highly successful books.
Table of Contents
The Special Characteristics of Financial Assets
Methods
Four Fund Managers
Divided States
Finding Phantastic Objects
Experiencing News
Divided Masters
Experiencing Success and Failure
Emotional Finance
New Economic Thinking
Making Markets Safer