The first part of the book explains the basic viewpoints: capital defects and defective capital carriers, incomplete or asymmetric markets, distortion of capital functions, financing in non-equilibrium markets, rent-seeking is also in the capitalization process, the market promotes the growth of speculative groups, market profit-seeking in prisoner's dilemma, and capital traps have been systematized. Parts 2 to 7 systematically analyze actual cases of 18 different types of traps.
Reader comments
This book has clear views, rich cases, and an in-depth analysis of the traps of capital. The author's writing style is concise and clear, and his writing style is smooth, making complex economic issues easy to understand. After reading this book, I have a deeper understanding of the capital market and a better understanding of how to avoid falling into the capital trap. Recommended to friends who are interested in economics!
This book has clear views, rich cases, and an in-depth analysis of the traps of capital. The author's writing style is concise and clear, and his writing style is smooth, making complex economic issues easy to understand. After reading this book, I have a deeper understanding of the capital market and a better understanding of how to avoid falling into the capital trap. Recommended to friends who are interested in economics!