Book picks similar to
The Counter-Revolution of Science by Friedrich A. Hayek
philosophy
economics
science
politics
Lying
Sam Harris - 2011
Most forms of private vice and public evil are kindled and sustained by lies. Acts of adultery and other personal betrayals, financial fraud, government corruption—even murder and genocide—generally require an additional moral defect: a willingness to lie.
The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
Mihir Desai - 2017
. . the noblest and the most infamous in the world, the finest and most vulgar on earth.” The characterization of finance as deceitful, infamous, and vulgar still rings true today – particularly in the wake of the 2008 financial crisis. But, what happened to the fairest, noblest, and finest profession that de la Vega saw? De la Vega hit on an essential truth that has been forgotten: finance can be just as principled, life-affirming, and worthy as it can be fraught with questionable practices. Today, finance is shrouded in mystery for outsiders, while many insiders are uneasy with the disrepute of their profession. How can finance become more accessible and also recover its nobility? Harvard Business School professor Mihir Desai, in his “last lecture” to the graduating Harvard MBA class of 2015, took up the cause of restoring humanity to finance. With incisive wit and irony, his lecture drew upon a rich knowledge of literature, film, history, and philosophy to explain the inner workings of finance in a manner that has never been seen before. This book captures Desai’s lucid exploration of the ideas of finance as seen through the unusual prism of the humanities. Through this novel, creative approach, Desai shows that outsiders can access the underlying ideas easily and insiders can reacquaint themselves with the core humanity of their profession. The mix of finance and the humanities creates unusual pairings: Jane Austen and Anthony Trollope are guides to risk management; Jeff Koons becomes an advocate of leverage; and Mel Brooks’s The Producers teaches us about fiduciary responsibility. In Desai’s vision, the principles of finance also provide answers to critical questions in our lives. Among many surprising parallels, bankruptcy teaches us how to react to failure, the lessons of mergers apply to marriages, and the Capital Asset Pricing Model demonstrates the true value of relationships. THE WISDOM OF FINANCE is a wholly unique book, offering a refreshing new perspective on one of the world’s most complex and misunderstood professions.
The People’s Republic of Walmart: How the World’s Biggest Corporations are Laying the Foundation for Socialism
Leigh Phillips - 2019
Their remarkable success appears to vindicate the old idea that modern society is too complex to be subjected to a plan. And yet, as Leigh Phillips and Michal Rozworski argue, much of the economy of the West is centrally planned at present. Not only is planning on vast scales possible, we already have it and it works. The real question is whether planning can be democratic. Can it be transformed to work for us?An engaging, polemical romp through economic theory, computational complexity, and the history of planning, The People’s Republic of Walmart revives the conversation about how society can extend democratic decision-making to all economic matters. With the advances in information technology in recent decades and the emergence of globe-straddling collective enterprises, democratic planning in the interest of all humanity is more important and closer to attainment than ever before.
Mises: The Last Knight of Liberalism
Jörg Guido Hülsmann - 2007
It has the apparatus of a great scholarly work but the drama of a classic novel. Ludwig von Mises’s colleagues in Europe called him the “last knight of liberalism” because he was the champion of an ideal of liberty they consider dead and gone in an age of central planning and socialism of all varieties. During his lifetime, they were largely correct. And thus the subtitle of this book. But he was not deterred in any respect: not in his scientific work, not in his writing or publishing, and not in his relentless fight against every form of statism. Born in 1881, he taught in Europe and the Americas during his century, and died in 1973 before the dawn of a new epoch that would validate his life and ideals in the minds of millions of people around the world. The last knight of liberalism triumphed.
The True and Only Heaven: Progress and Its Critics
Christopher Lasch - 1991
Opposing this materialist view is the idea that condemns a boundless appetite for more and better goods and distrusts "improvements" that only feed desire. Tracing the opposition to the idea of progress from Rousseau through Montesquieu to Carlyle, Max Weber and G.D.H. Cole, Lasch finds much that is desirable in a turn toward moral conservatism, toward a lower-middle-class culture that features egalitarianism, workmanship and loyalty, and recognizes the danger of resentment of the material goods of others.
The Discovery of Freedom: Man's Struggle Against Authority
Rose Wilder Lane - 1943
It must be read by anyone who is seriously interested in the heritage of liberty--not just in America, but the world over. And reading it is a joy. Lane, who is said to have written the book 'at white heat,' was at once a brilliant thinker and a gifted storyteller.This book is a withering attack on statism, nationalism, and what Nobel Laureate F. A. Hayek calls the 'fatal conceit' of national economic planning. It is an intellectual tour de force that stood up to the collectivist paradigm of its time and pointed the way to rediscovering the principles of the American Revolution--a true revolution unlike those of the Old World that 'are revolutions only in the sense that a wheel's turning is a revolution.' Her exciting description of the revolutionary period (you can tell she wishes she'd been there to lend a hand to Paine, Mason, Jefferson and the gang) is the best of a brilliant book.Rose Wilder Lane was a truly remarkable woman. Like Jefferson, she attacked life, living it to the fullest, as adventurer, journalist, world traveler, iconoclast, and just prior to her death, war corespondent in Vietnam. Not surprisingly, the clear-eyed determination and supercharged energy she brings to attacking the enemies of liberty in Discovery is unique among prominent pro-liberty writers. (Free download at mises.org)
How Much Is Enough? Money and the Good Life
Robert Skidelsky - 2012
This book tackles such questions head-on. The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people’s basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours. The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it. How Much Is Enough? is that rarity, a work of deep intelligence and ethical commitment accessible to all readers. It will be lauded, debated, cited, and criticized. It will not be ignored.
All That Is Solid Melts Into Air: The Experience of Modernity
Marshall Berman - 1982
In this unparalleled book, Marshall Berman takes account of the social changes that swept millions of people into the capitalist world and the impact of modernism on art, literature and architecture. This new edition contains an updated preface addressing the critical role the onset of modernism played in popular democratic upheavals in the late 1920s.
The Travels of A T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade
Pietra Rivoli - 2005
Over five years, business professor Pietra Rivoli traveled from a Texas cotton field to a Chinese factory to a used clothing market in Africa, to investigate compelling questions about the politics, economics, ethics, and history of modern business and globalization. Using the story of the t-shirt to illustrate the major issues of the globalization debate, this uniquely entertaining business book offers a surprising, enlightening, and balanced look at one of the major topics of our time. It has won the prize or award - Business Book of the Year 2005, Finalist; AAP Awards for Excellence in Professional and Scholarly Publishing, 2006.
How to Do Nothing: Resisting the Attention Economy
Jenny Odell - 2019
Here, Jenny Odell sends up a flare from the heart of Silicon Valley, delivering an action plan to resist capitalist narratives of productivity and techno-determinism, and to become more meaningfully connected in the process.
Keynes Hayek: The Clash that Defined Modern Economics
Nicholas Wapshott - 2011
John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision.From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.
Empire
Michael Hardt - 2000
It is, as Michael Hardt and Antonio Negri demonstrate in this bold work, the new political order of globalization. It is easy to recognize the contemporary economic, cultural, and legal transformations taking place across the globe but difficult to understand them. Hardt and Negri contend that they should be seen in line with our historical understanding of Empire as a universal order that accepts no boundaries or limits. Their book shows how this emerging Empire is fundamentally different from the imperialism of European dominance and capitalist expansion in previous eras. Rather, today's Empire draws on elements of U.S. constitutionalism, with its tradition of hybrid identities and expanding frontiers. Empire identifies a radical shift in concepts that form the philosophical basis of modern politics, concepts such as sovereignty, nation, and people. Hardt and Negri link this philosophical transformation to cultural and economic changes in postmodern society--to new forms of racism, new conceptions of identity and difference, new networks of communication and control, and new paths of migration. They also show how the power of transnational corporations and the increasing predominance of postindustrial forms of labor and production help to define the new imperial global order. More than analysis, Empire is also an unabashedly utopian work of political philosophy, a new Communist Manifesto. Looking beyond the regimes of exploitation and control that characterize today's world order, it seeks an alternative political paradigm--the basis for a truly democratic global society.
The Strategy of Conflict
Thomas C. Schelling - 1960
It proposes enlightening similarities between, for instance, maneuvering in limited war and in a traffic jam; deterring the Russians and one's own children; the modern strategy of terror and the ancient institution of hostages.
I, Pencil: My Family Tree As Told to Leonard E. Read
Leonard Edward Read - 1958
Read skillfully teaches a lesson in economics, through the story of a pencil and its makers. "Not a single person on the face of this earth knows how to make me"I, Pencil by Leonard E. Read, c2006, 6"x9", staple bound, 11 page booklet. Heavy paper cover, glossy paper pages.
Two Cheers for Anarchism: Six Easy Pieces on Autonomy, Dignity and Meaningful Work and Play
James C. Scott - 2012
Now, in his most accessible and personal book to date, the acclaimed social scientist makes the case for seeing like an anarchist. Inspired by the core anarchist faith in the possibilities of voluntary cooperation without hierarchy, Two Cheers for Anarchism is an engaging, high-spirited and often very funny defense of an anarchist way of seeing--one that provides a unique and powerful perspective on everything from everyday social and political interactions to mass protests and revolutions. Through a wide-ranging series of memorable anecdotes and examples, the book describes an anarchist sensibility that celebrates the local knowledge, common sense and creativity of ordinary people. The result is a kind of handbook on constructive anarchism that challenges us to radically reconsider the value of hierarchy in public and private life, from schools and workplaces to retirement homes and government itself.Beginning with what Scott calls "the law of anarchist calisthenics," an argument for law-breaking inspired by an East German pedestrian crossing, each chapter opens with a story that captures an essential anarchist truth. In the course of telling these stories, Scott touches on a wide variety of subjects: public disorder and riots, desertion, poaching, vernacular knowledge, assembly-line production, globalization, the petty bourgeoisie, school testing, playgrounds and the practice of historical explanation.Far from a dogmatic manifesto, Two Cheers for Anarchism celebrates the anarchist confidence in the inventiveness and judgment of people who are free to exercise their creative and moral capacities.James C. Scott is the Sterling Professor of Political Science, professor of anthropology, and codirector of the Agrarian Studies Program at Yale University. His books include Seeing Like a State: How Certain Schemes to Improve the Human Condition Have Failed; Domination and the Arts of Resistance: Hidden Transcripts; and most recently, The Art of Not Being Governed: An Anarchist History of Upland Southeast Asia. He is a fellow of the American Academy of Arts and Sciences and part-time farmer.