Justin Fox – författare

A New York Times Bestseller and Notable Book: “A rich history of the world’s most seductive investing idea.” —BloombergA Library Journal Best Business Book of the YearA lively history of ideas, The Myth of the Rational Market by former Time magazine economics columnist Justin Fox describes with insight and wit the rise and fall of the world’s most influential investing idea: the efficient markets theory. Longlisted for the Financial Times Business Book of the Year Award, The Myth of the Rational Market carries readers from the earliest days of Wall Street to the global financial crisis and Great Recession, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.“A fascinating historical narrative, beginning with economist Irving Fisher’s paean to markets in, alas, 1929.” —Roger Lowenstein, The Washington Post“Brilliantly tells the story of how [the finance industry’s] edifice was built—and why so few were willing to acknowledge that it was a house built on sand.” —Paul Krugman, The New York Times Book Review“His analysis is singularly compelling and the rare business history that reads like a thriller . . . A must-read for anyone interested in the markets, our economy or government.” —Publishers Weekly (starred review)“A valuable and highly readable history of risk and reward.” —Burton Malkiel, The Wall Street Journal

Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox's The 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 stock's value. That myth is crumbling.Celebrated journalist and columnist Fox introduces a new wave of economists and scholars who no longer teach that investors are rational or that the markets are always right. Many of them now agree with Yale professor Robert Shiller that the efficient markets theory "represents one of the most remarkable errors in the history of economic thought." Today the theory has given way to counterintuitive hypotheses about human behavior, psychological models of decision making, and the irrationality of the markets. Investors overreact, underreact, and make irrational decisions based on imperfect data. In his landmark treatment of the history of the world's markets, Fox uncovers the new ideas that may come to drive the market in the century ahead.

This is his story of the magic of travel, the experience of other places and peoples – all of which has made him one of today’s great travel writers.

“I've been craving the road for some time,” writes Justin Fox – odd words for this most seasoned of travel writers. But there is more to it: “Restless, anxious about an uneventful slide into my late 30s ...” And thus begins ten thousand kilometres around the edge of the Republic. Hugging the comforts which distance offers agitated souls, he bears east from Cape Town. This is fatherland, and for Justin his father’s land, which the famous architect Revel Fox has marked as much as he had shaped his son’s own identity. Justin tarries at outposts and towns; he skips entire cities to favour the off-beat treasures of characters fashioned less by convention than by their own battles against nature or circumstance. Back home his dad is fighting cancer. Having travelled with acute observation he reports like a novelist, stringing together scenes, pictures, communities and characters to form a totality of what South Africa is today as seen from its margins: a sad, exciting clash of histories and stories.

“I've been craving the road for some time,” writes Justin Fox – odd words for this most seasoned of travel writers. But there is more to it: “Restless, anxious about an uneventful slide into my late 30s ...” And thus begins ten thousand kilometres around the edge of the Republic. Hugging the comforts which distance offers agitated souls, he bears east from Cape Town. This is fatherland, and for Justin his father’s land, which the famous architect Revel Fox has marked as much as he had shaped his son’s own identity. Justin tarries at outposts and towns; he skips entire cities to favour the off-beat treasures of characters fashioned less by convention than by their own battles against nature or circumstance. Back home his dad is fighting cancer. Having travelled with acute observation he reports like a novelist, stringing together scenes, pictures, communities and characters to form a totality of what South Africa is today as seen from its margins: a sad, exciting clash of histories and stories.

Place is a moving love letter to South Africa, merging literature and land­scape, and taking the reader on a breath-taking journey – into the heart of South Africa’s spectacular landscape and the inner-worlds of its most cel­ebrated authors.

Exhibiting the wonders of nature and the beauties of the African continent, The 30-Year Safari: A celebration of Getaway photography is an awe-inspiring coffee table book showcasing photography from the last decade to celebrate Getaway’s 30th birthday. Having built a loyal and dedicated readership, Getaway designed this book using photographs from its own readers. It is a salute to all Africa has to offer – from its natural splendour to the talent of its contributors. Images from the sea to the sky grace the pages in the form of high-definition photos, and with its elegant hardcover format and dust jacket, it is the perfect travel inspiration book. Getaway has become synonymous with the finest African travel photography and this book – the very best of its archive – is a tribute to the many photographers who have made it so. It is indeed a book made by Getaway readers for Getaway readers.

Capturing the continent's people, fauna, and landscapes in myriad, indelible ways, this collection of inspiring images from Getaway magazine's 20-year archive journeys near and far into the heart of Africa. With stunning images of camel rides across the Sahara, gorillas in Rwanda, and microlight flights over Victoria Falls, these diverse photos represent iconic travel destinations and landmarks while painting a unique portrait of African identity.