HOW MARKETS FAIL by John Cassidy (unabridged) is presented by Blackstone Audio and comes with what is perhaps the best audiobook app available (see FEATURES, below).

For decades, economists have developed elegant theories of how markets work. But what about when markets don’t work? Cassidy shows how an unregulated free market can produce disastrous unintended consequences. Combining on-the-ground reporting, clear explanations of esoteric economic theories, and even a little crystal-ball gazing, Cassidy warns that in today’s economic crisis, conforming to outdated theories is not just misguided—it’s downright dangerous. How Markets Fail offers a new, enlightening way to understand the force of the irrational in our volatile global economy.

Self-contained, this audiobook app is perfect for your commute, on a trip, or while relaxing. Based on a library-quality recording, this app was built especially for your iPhone and iPod Touch. No unreadable text, no endless scrolling on a tiny screen. The audio is of higher-than-normal quality, making for a great listening experience that will not tire your ears or grate on your nerves.

NOTICE: This app includes the exact same 5-star recording offered elsewhere at much higher prices. It was professionally recorded by Blackstone Audio’s Earphones® Award-winning narrator, Ralph Cosham. You are not buying yet another amateur or volunteer narration. No clicks, background noises, throat clearing, mispronunciations, tinny voices or monotones will be found here.

•EXPERIENCE. About 13.5 hours of narration. Created as a Folium enhancedAudio™ edition, this book includes extra functions and features not found on lesser players.

•PLAYER CONTROLS. Includes listen (play), pause, multi-speed fast forward/reverse, jump ahead/back, chapter skip, volume control, one-touch chapter- and bookmark browser. There is also a “scrub” bar that finds any point inside the chapter with just a tap.

•SLEEP TIMER. Have you ever fallen asleep watching TV or listening to a book? If so, you'll love this feature. Once set, the book will stop, place a bookmark, and allow you to jump back to where you probably began dozing.

•CLEAR & ELEGANT DESIGN. Simple, clean, intuitive, and smarter than average.

•CHAPTER TIMINGS. Always know how much time it will take to finish a chapter. Plus, the progress bar at the top of the screen shows how far into the book you’ve come.

•OFFLINE LISTENING. You are airplane-ready! Once downloaded, listen uninterrupted without threat from a lost network connection. Downloads are usually just 5-10 minutes, but depend upon your network speed.

•AUTO-BOOKMARKING. The player remembers where you stopped listening and returns to that exact spot when you open the book again.

•TELL-A-FRIEND. An easy way to recommend the book to your friends or Twitter feed.

•FEEDBACK. Share your ideas for books, functions, and features. We are very responsive to our listeners and appreciate all feedback and ideas.


RATING: Suitable for adults interested in economic theory.

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A Finalist for the Pulitzer Prize for General Nonfiction

“Cassidy writes with terrific clarity and a finely tuned sense of moral outrage, yielding a superb book.” (Kirkus Reviews)

“Brilliant.” (New York Times Book Review)