EAN: 9780007413522

THE HOUR BETWEEN DOG AND WOLF - JOHN COATES KAR...

Now shortlisted for the 2012 Financial Times Business Book of the Year Award and the Wellcome
Trust Book Prize  The Hour Between Dog and Wolf is a resonant exploration of economic behaviour
and its consequences. Shortlisted for the 2012 Financial Times and Goldman Sachs Business Book
of the Year Award and the Wellcome Trust Book Prize  this startling and unconventional book
from neuroscientist and former Wall Street trader John Coates shows us the bankers in their
natural environment  revealing how their biochemistry has a lasting and significant impact on
our economy. We learn how risk stimulates the most primitive part of the banker's brain and how
making the deals our bank balances depend on provokes an overwhelming fight-or-flight response.
Constant swinging between aggression and apprehension impairs their judgment  causing economic
upheaval in the wider world. The transformation between each split-second decision is what
Coates calls the hour between dog and wolf  and understanding the biology behind bubbles and
crashes may be the key to stabilising the markets.

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