Exploring General Equilibrium (The MIT Press)

日本で読める数少ないフィッシャー・ブラックの名著です。投資に興味がある方にお勧め。

Fischer Black was among the most brilliant economists of the 20th century, with an eccentric style. This book is a masterpiece that goes back to Von Neumann-Morgenstern first principles to reconstruct macroeconomics, stripping away errors due to oversimplified models and overaggregated data. The argument is short and easy to understand, although its subtleties repay many rereadings. The bulk of the book consists of short refutations of other views, organized alphabetically by economist last name (Fischer was an eccentric guy). These contain many important insights, although they require familiarity with economics terminology to understand, and the random topical order is annoying.