{"product_id":"fischer-black-and-the-revolutionary-idea-of-finance-isbn-9781118203569","title":"Fischer Black and the Revolutionary Idea of Finance","description":"\u003cp\u003e\u003cb\u003epraise for FISCHER BLACK AND THE REVOLUTIONARY IDEA OF FINANCE\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"The story of Fischer Black. . . . is remarkable both because of the creativity of the man and because of the revolution he brought to Wall Street. . . . Mehrling's book is fascinating.\"\u003cbr\u003e \u003cb\u003e—FINANCIAL TIMES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"A fascinating history of things we take for granted in our everyday financial lives.\"\u003cbr\u003e \u003cb\u003e—THE NEW YORK TIMES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Mehrling's book is essential reading for anyone interested in the development of modern finance or the life of an idiosyncratic creative genius.\"\u003cbr\u003e \u003cb\u003e—PUBLISHERS WEEKLY\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Fischer Black was more than a vital force in the development of finance theory. He was also a character. Perry Mehrling has captured both sides of the picture: the evolution of thinking about the pricing of risk and time, as well as the thinkers, especially this fascinating eccentric, who worked it out.\"\u003cbr\u003e —\u003cb\u003eROBERT M. SOWLO\u003c\/b\u003e, Nobel laureate and Institute Professor of Economics, Emeritus, Massachusetts Institute of Technology  \u003c\/p\u003e\u003cp\u003e\"Although I worked closely with Fischer for nine years at Goldman Sachs and clearly recognized both his genius and the breadth and originality of his ideas, until I read this book, I had only the vaguest grasp of the source of his inspiration and no understanding at all of the source of his many idiosyncrasies.\"\u003cbr\u003e —\u003cb\u003eBOB LITTERMAN\u003c\/b\u003e, Partner, Kepos Capital  \u003c\/p\u003e\u003cp\u003e\"Perry Mehrling has done a remarkable job of tracing the intellectual and personal development of one of the most original and complex thinkers of our generation. Fischer Black deserved it: a charming and brilliant book about a charming and brilliant man.\"\u003cbr\u003e —\u003cb\u003eROBERT E. LUCAS JR.,\u003c\/b\u003e Nobel laureate and Professor of Economics, The University of Chicago  Acknowledgments ix  \u003c\/p\u003e\u003cp\u003eForeword xv\u003c\/p\u003e \u003cp\u003ePreface xxi\u003c\/p\u003e \u003cp\u003ePrologue The Price of Risk 1\u003c\/p\u003e \u003cp\u003eONE Thou Living Ray of Intellectual Fire 23\u003c\/p\u003e \u003cp\u003eTWO An Idea in the Rough 49\u003c\/p\u003e \u003cp\u003eTHREE Some Kind of an Education 73\u003c\/p\u003e \u003cp\u003eFOUR Living Up to the Model 99\u003c\/p\u003e \u003cp\u003eFIVE Tortuous Economic Intuition 119\u003c\/p\u003e \u003cp\u003eSIX The Money Wars 139\u003c\/p\u003e \u003cp\u003eSEVEN Global Reach 165\u003c\/p\u003e \u003cp\u003eEIGHT Stagflation 189\u003c\/p\u003e \u003cp\u003eNINE Changing Fields 215\u003c\/p\u003e \u003cp\u003eTEN What Do Traders Do? 231\u003c\/p\u003e \u003cp\u003eELEVEN Exploring General Equilibrium 255\u003c\/p\u003e \u003cp\u003eEpilogue Nothing Is Constant 283\u003c\/p\u003e \u003cp\u003eAppendix A A Financial Notes Chronology 299\u003c\/p\u003e \u003cp\u003eAppendix B A Newsletter Chronology 301\u003c\/p\u003e \u003cp\u003eNotes 303\u003c\/p\u003e \u003cp\u003eReferences 327\u003c\/p\u003e \u003cp\u003eIndex 355\u003c\/p\u003e   \u003cp\u003e\u003cb\u003ePERRY MEHRLING\u003c\/b\u003e is Professor of Economics at Barnard College of Columbia University. He holds a PhD from Harvard University and is the author of \u003ci\u003eThe Money Interest and the Public Interest: American Monetary Thought, 1920 –1970,\u003c\/i\u003e and \u003ci\u003e The New Lombard Street: How the Fed became the Dealer of Last Resort.\u003c\/i\u003e Dr. Mehrling's specialty is the study of financial theory and the history of economics.    \u003c\/p\u003e\u003cp\u003e\u003cb\u003epraise for FISCHER BLACK AND THE REVOLUTIONARY IDEA OF FINANCE\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\"The story of Fischer Black. . . . is remarkable both because of the creativity of the man and because of the revolution he brought to Wall Street. . . . Mehrling's book is fascinating.\"\u003cbr\u003e \u003cb\u003e—FINANCIAL TIMES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"A fascinating history of things we take for granted in our everyday financial lives.\"\u003cbr\u003e \u003cb\u003e—THE NEW YORK TIMES\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Mehrling's book is essential reading for anyone interested in the development of modern finance or the life of an idiosyncratic creative genius.\"\u003cbr\u003e \u003cb\u003e—PUBLISHERS WEEKLY\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"Fischer Black was more than a vital force in the development of finance theory. He was also a character. Perry Mehrling has captured both sides of the picture: the evolution of thinking about the pricing of risk and time, as well as the thinkers, especially this fascinating eccentric, who worked it out.\"\u003cbr\u003e —\u003cb\u003eROBERT M. SOWLO\u003c\/b\u003e, Nobel laureate and Institute Professor of Economics, Emeritus, Massachusetts Institute of Technology  \u003c\/p\u003e\u003cp\u003e\"Although I worked closely with Fischer for nine years at Goldman Sachs and clearly recognized both his genius and the breadth and originality of his ideas, until I read this book, I had only the vaguest grasp of the source of his inspiration and no understanding at all of the source of his many idiosyncrasies.\"\u003cbr\u003e —\u003cb\u003eBOB LITTERMAN\u003c\/b\u003e, Partner, Kepos Capital  \u003c\/p\u003e\u003cp\u003e\"Perry Mehrling has done a remarkable job of tracing the intellectual and personal development of one of the most original and complex thinkers of our generation. Fischer Black deserved it: a charming and brilliant book about a charming and brilliant man.\"\u003cbr\u003e —\u003cb\u003eROBERT E. LUCAS JR.,\u003c\/b\u003e Nobel laureate and Professor of Economics, The University of Chicago\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989216805093,"sku":"NP9781118203569","price":23.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118203569.jpg?v=1761783247","url":"https:\/\/k12savings.com\/products\/fischer-black-and-the-revolutionary-idea-of-finance-isbn-9781118203569","provider":"K12savings","version":"1.0","type":"link"}