Fischer Black and the Revolutionary Idea of Finance

<p><b>praise for FISCHER BLACK AND THE REVOLUTIONARY IDEA OF FINANCE</b> <p>"The story of Fischer Black. . . . is remarkable both because of the creativity of the man and because of the revolution he brought to Wall Street. . . . Mehrling's book is fascinating."<br> <b>—FINANCIAL TIMES</b> <p>"A fascinating history of things we take for granted in our everyday financial lives."<br> <b>—THE NEW YORK TIMES</b> <p>"Mehrling's book is essential reading for anyone interested in the development of modern finance or the life of an idiosyncratic creative genius."<br> <b>—PUBLISHERS WEEKLY</b> <p>"Fischer Black was more than a vital force in the development of finance theory. He was also a character. Perry Mehrling has captured both sides of the picture: the evolution of thinking about the pricing of risk and time, as well as the thinkers, especially this fascinating eccentric, who worked it out."<br> —<b>ROBERT M. SOWLO</b>, Nobel laureate and Institute Professor of Economics, Emeritus, Massachusetts Institute of Technology <p>"Although I worked closely with Fischer for nine years at Goldman Sachs and clearly recognized both his genius and the breadth and originality of his ideas, until I read this book, I had only the vaguest grasp of the source of his inspiration and no understanding at all of the source of his many idiosyncrasies."<br> —<b>BOB LITTERMAN</b>, Partner, Kepos Capital <p>"Perry Mehrling has done a remarkable job of tracing the intellectual and personal development of one of the most original and complex thinkers of our generation. Fischer Black deserved it: a charming and brilliant book about a charming and brilliant man."<br> —<b>ROBERT E. LUCAS JR.,</b> Nobel laureate and Professor of Economics, The University of Chicago