|
Book - Product Information
Fischer Black and the Revolutionary Idea of Finance
Perry Mehrling, Perry Mehrling
Rank: 1326
In a 30-year career equally divided between academics (University of
Chicago) and Wall Street, Black contributed seminal papers in almost every
area of finance and many areas of economics, but few were published in
major peer-reviewed journals and many were never published at all. He
spent most of his time alone in a room thinking and writing, was
uncomfortable in large groups, an undistinguished lecturer and famously
eccentric in ways more irritating than amusing or dramatic.
All of this
gives Barnard economist Mehrling (The Money Interest and the Public
Interest) his work cut out for him. He has responded with a book that,
beyond providing the facts of Black's life, serves as the best currently
available general history of the revolution in finance that took place
between 1960 and 1990: the essential ideas and disputes are explained
clearly, with a minimum of mathematics and jargon, and the relationships
among the leading innovators are explored concisely but in depth.
As far
as Black goes, Mehrling gives a clear picture of his working life and
reveals the strong family ties and close personal friendships of a man
often thought to have been emotionless.
On the whole, Mehrling's book is
essential reading for anyone interested in the development of modern
finance or the life of an idiosyncratic creative genius. (July)
Copyright © Reed Business Information, a division of Reed
Elsevier Inc. All rights reserved.
About the AuthorPERRY MEHRLING is Professor of Economics at Barnard College of Columbia
University. He holds a PhD from Harvard University and is the author of
The Money Interest and the Public Interest: American Monetary Thought,
19201970.
Dr. Mehrling's specialty is the study of financial theory
and the history of economics.
Editorials
Sample 3 of 3
Fischer Black and the Revolutionary Idea of Finance
Perry Mehrling, Perry Mehrling
![]() | | | From Publishers Weekly | | In a 30-year career equally divided between academics (University of
Chicago) and Wall Street, Black contributed seminal papers in almost every
area of finance and many areas of economics, but few were published in
major... read full editorial |
![]() | | | Book Description | | This vignette-based business biography captures the essence of an
extraordinary man and a giant in the world of finance. After years of
research and cooperation from nearly all of Black's associates, family
members,... read full editorial |
![]() | | | From the Inside Flap | | In December of 1997, Robert Merton and Myron Scholes took the stage in
Stockholm to accept the Nobel Prize in Economics. Absent from the podium
was Fischer Black, the "Black" of the famous Black-Scholes options... read full editorial |
Customer Reviews
Sample 2 of 2
Fischer Black and the Revolutionary Idea of Finance
Perry Mehrling, Perry Mehrling
![]() | | | Fascinating | | (St. Louis, MO) July 13, 2005 - 5.0/5 stars | | Amazing that it's taken 10 years to tell Fischer Black's story except that
it has been well worth the wait. Rare is the person in finance who
pursues ideas for the sake of exploration; rarer still is the person who
doesn't... read full review |
![]() | | | An Interestng book about an Interesting Man | | (St. Louis, MO) July 14, 2005 - 4.0/5 stars | | Fischer Black was one of a kind. Those of us in his academic years saw a
brilliant scholar who was strikingly origional in his approach to
problems, and a fount of ideas, many of which were viewed, at the time, as
"off... read full review |
Top 10 Best Selling Money-Employment Book Categories
|
|