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Fischer S. Black

Titles by This Author

with a previously unpublished paper by the author and a new foreword by Edward Glaeser

Fischer Black was known for his brilliance as well as for his sometimes controversial opinions. Highly respected for his scholarly writings in finance, with this book he moved into different territory, offering an incisive, unconventional assessment of general equilibrium theory and what that theory reveals about business cycles, growth, and labor economics.