Excellent book which convincingly argues that the current assumptions presently taught about the payoffs to taking risk in the stock market are wrong.
The book is comprehensive enough to make the case convincingly but not too long to bore the reader. I particularly liked the diversions into anthropology and psychology. I have a PhD in economics and can't fault his arguments. A book making a similar case is Steve Keen 'Debunking Economics' which is also good.Hats off to Mr Falkenstein!