Book picks similar to
The Market Process: Essays in Contemporary Austrian Economics by Peter J. BoettkeIsrael M. Kirzner
economics
via-mr
advanced-libertarianism
essays
How You Play the Game: A Philosopher Plays Minecraft (Kindle Single)
Charlie Huenemann - 2015
At a glance, it bears few similarities to any place we know and inhabit. But upon closer examination, the differences between this complex virtual reality and our own might not be as vast as we think. In “How You Play the Game,” author and philosopher Charlie Huenemann looks philosophically at the game of Minecraft (“What is the point of this game? How does one win? Well, this depends on what you want to do”) and grapples with the ethical conundrums, existential crises and moral responsibilities of the virtual realm. From the Overworld to the Ender Dragon, Huenemann offers an entertaining, insightful and often hilarious examination of Minecraft and the strange worlds—both virtual and not—surrounding it.Charlie Huenemann is a Professor of Philosophy at Utah State University. He writes for 3quarksdaily, and has published several books on the history of philosophy.Cover design by Adil Dara.
Essays on the Great Depression
Ben S. Bernanke - 2000
Stock market crashes, bread lines, bank runs, and wild currency speculation were worldwide phenomena--all occurring with war looming in the background. This period has provided economists with a marvelous laboratory for studying the links between economic policies and institutions and economic performance. Here, Ben Bernanke has gathered together his essays on why the Great Depression was so devastating.This broad view shows us that while the Great Depression was an unparalleled disaster, some economies pulled up faster than others, and some made an opportunity out of it. By comparing and contrasting the economic strategies and statistics of the world's nations as they struggled to survive economically, the fundamental lessons of macroeconomics stand out in bold relief against a background of immense human suffering. The essays in this volume present a uniquely coherent view of the economic causes and worldwide propagation of the depression.
Fragile by Design: The Political Origins of Banking Crises and Scarce Credit
Charles W. Calomiris - 2014
The banking systems of Mexico and Brazil have not only been crisis prone but have provided miniscule amounts of credit to business enterprises and households.Analyzing the political and banking history of the United Kingdom, the United States, Canada, Mexico, and Brazil through several centuries, Fragile by Design demonstrates that chronic banking crises and scarce credit are not accidents. Calomiris and Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why they endure, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues.Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation.
Universal Man: The Lives of John Maynard Keynes
Richard Davenport-Hines - 2015
His ideas inspired Franklin D. Roosevelt to launch the New Deal and instructed Western nations on how to ward off revolutionary unrest, economic instability, high unemployment, and social dissolution. Keynes was nothing less than the Adam Smith of his time: his The General Theory of Employment, Interest and Moneybecame as important in the twentieth century as Smith's The Wealth of Nations was in the eighteenth. Now, in the long wake of the 2008 global economic collapse, Keynesian economics is once again shaping our world. In Universal Man, acclaimed historian Richard Davenport-Hines offers the first biography of Keynes that reveals the man in full. Like many Englishmen of his class and era, Keynes compartmentalized his life. Accordingly, Davenport-Hines treats Keynes in turn as a youthful prodigy, a powerful government official, an influential public man, a bisexual living in the shadow of Oscar Wilde's persecution, a devotee of the arts, and an international statesman of worldwide renown. Delving into Keynes's experiences and thought, Davenport-Hines shows us a man who was equally at ease socializing with the Bloomsbury Group as he was persuading heads of state to adopt his policies. Through Davenport-Hines' nuanced portrait, we come to understand not just the most enduringly influential economist of the modern era, but one of the most gifted and vital men of our times: a disciplined logician with a capacity for glee who persuaded people, seduced them, subverted old ideas, and installed new ones. Engaging, learned, and sparkling with wit and insight, Universal Man is the perfect match for its brilliant subject.
Postcards from Tomorrow Square: Reports from China
James M. Fallows - 2008
The United States is the only nation with the scale and power to try to set the terms of its interaction with China rather than just succumb. So starting now, Americans need to consider the economic, environmental, political, and social goals they care about defending as Chinese influence grows.” —from “China Makes, the World Takes”Since December 2006, The Atlantic Magazine's James Fallows has been writing some of the most discerning accounts of the economic and political transformation occurring in China. The ten essays collected here cover a wide-range of topics: from visionary tycoons and TV-battling entrepreneurs, to environmental pollution and how China subsidizes our economy. Fallows expertly and lucidly explains the economic, political, social, and cultural forces at work turning China into a world superpower at breakneck speed. This eye-opening and cautionary account is essential reading for all concerned not only with China's but America's future role in the world.
The Seventeen Solutions: Bold Ideas for Our American Future
Ralph Nader - 2012
In these troubling times of intractable fiscal and social distress, Nader offers a new program to help rescue America: The Seventeen Solutions. His powerful, paradigm-shifting proposals address some of the most pressing concerns in our country today—from corporate crime to tax reform to health care and housing—and they should find a receptive audience not only among liberals, progressives, disillusioned Democrats, Rachel Maddow fans, and Occupy Wall Street supporters, but all concerned Americans.
IGCSE and O Level Economics
Susan Grant - 2007
This book, covering both the Cambridge IGCSE and O Level courses of the Cambridge syllabuses, draws extensively on real world examples to explore economic concepts, theories and issues. A number of activities, based on examples from qround the world, are designed to facilitate students' easy understanding of the contents. Principles and practices have been explained in simple language and lucid style to enhance the accessibility of the content to students whose first language is not English.
The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives
Michael A. Heller - 2008
Why can’t we build them? 50 patent owners are blocking a major drug maker from creating a cancer cure. Why won’t they get out of the way? 90% of our broadcast spectrum sits idle while American cell phone service lags far behind Japan’s and Korea’s. Why are we wasting our airwaves? 98% of African American–owned farms have been sold off over the last century. Why can’t we stop the loss? All these problems are really the same problem—one whose solution would jump-start innovation, release trillions in productivity, and help revive our slumping economy.Every so often an idea comes along that transforms our understanding of how the world works. Michael Heller has discovered a market dynamic that no one knew existed. Usually, private ownership creates wealth, but too much ownership has the opposite effect—it creates gridlock. When too many people own pieces of one thing, whether a physical or intellectual resource, cooperation breaks down, wealth disappears, and everybody loses. Heller’s paradox is at the center of The Gridlock Economy. Today’s leading edge of innovation—in high tech, biomedicine, music, film, real estate—requires the assembly of separately owned resources. But gridlock is blocking economic growth all along the wealth creation frontier.A thousand scholars have applied and verified Heller’s paradox. Now he takes readers on a lively tour of gridlock battlegrounds. Heller zips from medieval robber barons to modern-day broadcast spectrum squatters; from Mississippi courts selling African-American family farms to troubling New York City land confiscations; and from Chesapeake Bay oyster pirates to today’s gene patent and music mash-up outlaws. Each tale offers insights into how to spot gridlock in operation and how we can overcome it.The Gridlock Economy is a startling, accessible biography of an idea. Nothing is inevitable about gridlock. It results from choices we make about how to control the resources we value most. We can unlock the grid; this book shows us where to start.
The ASEAN Miracle: A Catalyst for Peace
Kishore Mahbubani - 2017
Why?In an era of growing cultural pessimism, many thoughtful individuals believe that different civilisations – especially Islam and the West – cannot live together in peace. The ten countries of ASEAN provide a thriving counter-example of civilizational co-existence. Here 625m people live together in peace. This miracle was delivered by ASEAN.In an era of growing economic pessimism, where many young people believe that their lives will get worse in coming decades, Southeast Asia bubbles with optimism. In an era where many thinkers predict rising geopolitical competition and tension, ASEAN regularly brings together all the world’s great powers.Stories of peace are told less frequently than stories of conflict and war. ASEAN’s imperfections make better headlines than its achievements. But in the hands of thinker and writer Kishore Mahbubani, the good news story is also a provocation and a challenge to the rest of the world."This excellent book explains, in clear and simple terms, how and why ASEAN has become one of the most successful regional organizations in the world."George Yeo"A powerful and passionate account of how, against all odds, ASEAN transformed the region and why Asia and the world need it even more today."Amitav Acharya“Kishore and I have written that the world is coming together in a Fusion of Civilisations. This book documents beautifully how ASEAN has achieved this fusion. The ASEAN story is hugely instructive and this book tells it very well.”Larry SummersKishore Mahbubani is Dean of the Lee Kuan Yew School of Public Policy, National University of Singapore, and author of The New Asian Hemisphere: The Irresistible Shift of Global Power to the East. Jeffery Sng is a writer and former diplomat based in Bangkok, co-author of A History of the Thai-Chinese.
The Middle Mind: Why Consumer Culture is Turning Us Into the Living Dead
Curtis White - 2003
Join Curtis White on a crusade against tedium as he takes on this bland, no-thinking-required product' that passes for culture in America and that we've signed up and paid for in full too. It's not about high- or low-brow, it's about a mainstream consensus that pleases everyone but moves, challenges or shocks no one: from the Hollywood machine to cultural theory equating Madonna with Milton, from free market ideology to TV arts programmes, New Age self-help and Oprah's Book Club. This is a book for anyone who thinks culture should be a force for change, not just something to acquire and consume; who wants to reclaim the destabilizing power of the imagination and start thinking for themselves.
Foolproof: Why Safety Can Be Dangerous and How Danger Makes Us Safe
Greg Ip - 2015
We have learned a staggering amount about human nature and disaster -- yet we keep having car crashes, floods, and financial crises. Partly this is because the success we have at making life safer enables us to take bigger risks. As our cities, transport systems, and financial markets become more interconnected and complex, so does the potential for catastrophe. How do we stay safe? Should we? What if our attempts are exposing us even more to the very risks we are avoiding? Would acceptance of danger make us more secure? Is there such a thing as foolproof? In Foolproof, Greg Ip presents a macro theory of human nature and disaster that explains how we can keep ourselves safe in our increasingly dangerous world.
Here's the Deal
David Leonhardt - 2013
But there is, in fact, a very real problem here: us, the voters. We can’t make the tough choices. We want government spending, but we don’t want to pay the taxes that fund it. What kind of government and society do we really want? And what combination of taxes and spending will create the economic growth we need to ensure good lives for our children and their children? In this timely book, David Leonhardt, the Pulitzer Prize–winning New York Times economic columnist and Washington bureau chief, explains lucidly and with calm authority the mess we are in—and how we can get ourselves out of it. As the Obama administration settles into its second term, and a Republican Congress grapples with what it hopes to accomplish in the next two years, Leonhardt draws on a deep understanding of the issues and the newest data, as he ranges across topics from education to Social Security, from our “investment-deficit” disorder to our wasteful medical system. What he offers is a radically sensible plan, one that Washington would do well to heed if it wants to close our deficit, shift spending to investing—especially in the young and innovative—and get us back to growth.
Mathletics: How Gamblers, Managers, and Sports Enthusiasts Use Mathematics in Baseball, Basketball, and Football
Wayne L. Winston - 2009
How does professional baseball evaluate hitters? Is a singles hitter like Wade Boggs more valuable than a power hitter like David Ortiz? Should NFL teams pass or run more often on first downs? Could professional basketball have used statistics to expose the crooked referee Tim Donaghy? Does money buy performance in professional sports?In Mathletics, Wayne Winston describes the mathematical methods that top coaches and managers use to evaluate players and improve team performance, and gives math enthusiasts the practical tools they need to enhance their understanding and enjoyment of their favorite sports--and maybe even gain the outside edge to winning bets. Mathletics blends fun math problems with sports stories of actual games, teams, and players, along with personal anecdotes from Winston's work as a sports consultant. Winston uses easy-to-read tables and illustrations to illuminate the techniques and ideas he presents, and all the necessary math concepts--such as arithmetic, basic statistics and probability, and Monte Carlo simulations--are fully explained in the examples.After reading Mathletics, you will understand why baseball teams should almost never bunt, why football overtime systems are unfair, why points, rebounds, and assists aren't enough to determine who's the NBA's best player--and much, much more.
Singapore: Unlikely Power
John Curtis Perry - 2016
Its strategic location and natural resources both allowed Singapore to profit from global commerce and also made the island an attractive conquest for the world's naval powers, resulting in centuries of stunting colonialization. In Singapore: Unlikely Power, John Curtis Perry provides an evenhanded and authoritative history of the island nation that ranges from its Malay origins to the present day. Singapore development has been aided by its greatest natural blessing-a natural deepwater port, shielded by mountain ranges from oceanic storms and which sits along one of the most strategic straits in the world, cementing the island's place as a major shipping entrepot throughout modern history. Perry traces the succession of colonizers, beginning with China in the fourteenth and fifteenth centuries and followed by the island's most famous colonizer, Britain, which ruled Singapore until the 1960s excluding the Japanese occupation of World War II. After setting a historical context, Perry turns to the era of independence beginning in the 1960s. Plagued with corruption, inequality, lack of an educated population, Singapore improbably vaulted from essentially third-world status into a first world dynamo over the course of three decades-with much credit due longtime leader Lee Kuan Yew, Singapore's first prime minister who led the country for over three decades, who embraced the colonial past, established close ties with former foe Japan, and adopted a resolutely pragmatist approach to economic development. His efforts were successful, and Singapore today is a model regime for other developing states. Singapore's stunning transformation from a poor and corrupt colonial backwater into an economic powerhouse renowned for its wealth, order, and rectitude is one of the great-and most surprising-success stories of modern era. Singapore is an accessible, comprehensive, and indeed colorful overview of one of the most influential political-economic models in the world and is an enlightening read for anyone interested in how Singapore achieved the unachievable.