The Great Divide: Unequal Societies and What We Can Do About Them
Joseph E. Stiglitz - 2015
Stiglitz has time and again diagnosed America’s greatest economic challenges, from the Great Recession and its feeble recovery to the yawning gap between the rich and the poor. The Great Divide gathers his most provocative reflections to date on the subject of inequality. As Stiglitz ably argues, a healthy economy and a fairer democracy are within our grasp if we can put aside misguided interests and ideologies and abandon failed policies. Opening with the essay that gave the Occupy Movement its slogan, “We are the 99%,” later essays in The Great Divide reveal equality of opportunity as a national myth, show that today’s outsized inequality is a matter of choice, and explain reforms that would spur higher growth, more opportunity, and greater equality.
All Minus One: John Stuart Mill's Ideas on Free Speech Illustrated
John Stuart Mill - 2018
Reeves (a biographer of Mill) and Haidt (a social psychologist) summarize Mill's three timeless arguments for free speech and the value of viewpoint diversity. They then reduce the text to half its original length, allowing Mill's best arguments and metaphors to shine. Artist Dave Cicirelli illustrates those metaphors to amplify their intuitive power. Ideal for use in college courses, or in any organization in which people would benefit from productive disagreement.
The Ponzi Factor: The Simple Truth About Investment Profits
Tan Liu - 2018
First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident." --Arthur SchopenhauerThe Ponzi Factor is the most comprehensive research ever compiled on the negative-sum nature of capital gains (non-dividend stocks). The book shows why, as a whole, ALL investors will lose money from buying and selling stocks.Most people don’t realize that profits from buying and selling stocks come from other investors who are also buying and selling stocks. When one investor buys low and sells high, another investor is also buying high and needs to sell for even higher. Companies like Google, Telsa, Facebook never pay their investors. Their investors’ profits are dependent on the inflow of money from new investors, which by definition, is how a Ponzi scheme works.This book is not for everyone. If you are a finance junkie who wants to rationalize why companies don’t have to pay their investors and believe a system that shuffles money between investor can magically create more money than people contribute, then this book is not for you. On the other hand, if you understand why we can’t create money by shuffling it with imaginary paper, and that investors invest because they want money, not value, then you will learn something you will never forget: The mechanics of how the stock market works and what really makes a stock price move.A stock without dividends is a Ponzi asset. It’s not how equity instruments were designed to work historically and not how ownership instruments are supposed to work logically. The Ponzi Factor is not a perspective or an opinion. It is a proof that is based on definition, logic, and it is supported by observable facts and history. This is not a story that will disappear after another market crash. It is an idea that will remain relevant for as long as the stock market exists.Lastly, to critics, the naysayer, and the finance junkies who think the imaginary value = cash. The author will award $20,000 to anyone who can show why non-dividend stocks DO NOT meet the definition of a Ponzi scheme. That’s $20,000 in cash, not value. (Details on this book's website. The Ponzi Factor. Proof by Definition.)
The Moral Basis of a Backward Society
Edward C. Banfield - 1958
Banfield uses a study of the people of southern Italy to argue how self-interested families can lead to poverty.Analyzing families in southern Italy in 1955, Moral Basis of a Backward Society discusses how poverty is a result of the inability to trust or associate strongly outside of immediate family. Challenged and argued for years, Edward C. Banfield’s study has become accept by many people in the modern age.
Adam Smith: An Enlightened Life
Nicholas Phillipson - 2010
Yet Smith saw himself primarily as a philosopher rather than an economist and would never have predicted that the ideas for which he is now best known were his most important. This biography shows the extent to which Smith's great works, The Wealth of Nations and The Theory of Moral Sentiments, were part of one of the most ambitious projects of the Euruopean Enlightenment, a grand “Science of Man" that would encompass law, history, and aesthetics as well as economics and ethics, and which was only half complete on Smith’s death in 1790.Nick Phillipson reconstructs Smith’s intellectual ancestry and shows what Smith took from, and what he gave to, in the rapidly changing intellectual and commercial cultures of Glasgow and Edinburgh as they entered the great years of the Scottish Enlightenment. Above all he explains how far Smith’s ideas developed in dialogue with those of his closest friend, the other titan of the age, David Hume.
Little Platinum Book of Cha-Ching: 32.5 Strategies to Ring Your Own (Cash) Register in Business and Personal Success
Jeffrey Gitomer - 2007
As a best-selling author and the world's #1 expert of selling, Jeffrey Gitomer knows a thing or two about success. Here he has compiled some of his proven principles for success and shows readers how to apply these to their lives. While these techniques are most readily applied to sales, the skills that Jeffrey teaches go far beyond that: they are the skills needed to thrive in one's career and life. And when the reader has mastered the principles, Jeffrey goes one step further and challenges the reader not just to do what they say, but to "live" the principles. He offers simple steps to put (and keep) them in practice in every aspect of life.
Freedom for Sale: Why the World Is Trading Democracy for Security
John Kampfner - 2009
authoritarianism – the ideological divide that defined the twentieth century. But when the cold war ended, “the end of history” was proclaimed. Soon the fire of freedom would burn worldwide, the experts said. And where markets were freed, human rights would inevitably follow. Or not. In the last twenty years, nations including India, Russia, China and the United Arab Emirates have disproved the idea that capitalism and democracy are inextricably linked. Emerging middle classes have proven themselves all too willing to sacrifice certain democratic rights – including free speech, an open media, and free elections – in exchange for prosperity. But they are not alone. We are all doing it. Alarmingly, Western democracy has adopted some of the attributes of that authoritarianism. Combining boots on the ground reporting with incisive analysis, award-winning journalist John Kampfner describes this alarming trend – one which has only been exacerbated by the global economic meltdown – and what citizens must do to counter it.
The Great Degeneration
Niall Ferguson - 2012
Symptoms of decline are all around us today, it seems: slowing growth, crushing debts, aging populations, anti-social behaviour. But what exactly is amiss with Western civilization? The answer, Niall Ferguson argues, is that our institutions - the intricate frameworks within which a society can flourish or fail - are degenerating. Representative government, the free market, the rule of law and civil society: these were once the four pillars of West European and North American societies. It was these institutions, rather than any geographical or climatic advantages, that set the West on the path to global dominance after around 1500. In our time, however, these institutions have deteriorated in disturbing ways. Our democracies have broken the contract between the generations by heaping IOUs on our children and grandchildren. Our markets are increasingly distorted by over-complex regulations that are in fact the disease of which they purport to be the cure. The rule of law has metamorphosed into the rule of lawyers. And civil society has degenerated into uncivil society, where we lazily expect all our problems to be solved by the state.The Great Degeneration is a powerful - and in places polemical - indictment of an era of negligence and complacency. While the Arab world struggles to adopt democracy, and while China struggles to move from economic liberalization to the rule of law, Europeans and Americans alike are frittering away the institutional inheritance of centuries. To arrest the degeneration of the West's once dominant civilization, Ferguson warns, will take heroic leadership and radical reform. This book is based on Niall Ferguson's 2012 BBC Reith Lectures, which were broadcast under the title 'The Rule of Law and Its Enemies'.
Capitalism: The Unknown Ideal
Ayn Rand - 1966
This is the view of Ayn Rand, a view so radically opposed to prevailing attitudes that it constitutes a major philosophic revolution. In this series of essays, she presents her stand on the persecution of big business, the causes of war, the default of conservatism, and the evils of altruism. Here is a challenging new look at modern society by one of the most provocative intellectuals on the American scene. This edition includes two articles by Ayn Rand that did not appear in the hardcover edition: “The Wreckage of the Consensus,” which presents the Objectivists’ views on Vietnam and the draft; and “Requiem for Man,” an answer to the Papal encyclical Progresso Populorum.
The Ultimate Foundation of Economic Science: An Essay on Method
Ludwig von Mises - 1962
Mises believed that, since the publication of Human Action, economists and scientists alike had misinterpreted the idea of economics as a science by deeming it epistemological positivism—that they believed that the “science” basis was still more rooted in philosophy than in actual science.In this volume, Mises argued that economics is a science because human action is a natural order of life and that it is the actions of humans that determine markets and capital decisions. Since Mises believed these links could be proven scientifically, he concluded that economics, with its basis on that human action, is indeed a science in its own right and not an ideology or a metaphysical doctrine.What has been described as his most passionate work,
The Ultimate Foundation of Economic Science
brings together all of the themes from Mises’s previous works to proclaim what Israel Kirzner calls “the true character of economics.”Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century. He earned his doctorate in law and economics from the University of Vienna in 1906. In 1926, Mises founded the Austrian Institute for Business Cycle Research. From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce. Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City. From 1948 to 1969, he was a visiting professor at New York University.Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education. She has written and lectured extensively on topics of free market economics. Her articles have appeared in such journals as Human Events, Reason, and The Freeman: Ideas on Liberty. A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general. She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.
The Complete Philosophy Files
Stephen Law - 2011
Dip into any chapter and you will find lively scenarios and dialogues to take you through philosophical puzzles ancient and modern, involving virtual reality, science fiction and a host of characters from this and other planets. The text is interspersed on every page with lively cartoons, and there is a list of philosophical jargon at the end..Stephen Law has a gift for communicating complex ideas. He offers few answers, but his unstuffy, highly personal approach will have the reader thinking and arguing with as much pleasure as he does himself.
Discourses, Books 3-4. The Enchiridion (Loeb Classical Library #218)
Epictetus - 1928
Expelled with other philosophers by the emperor Domitian in 89 or 92 he settled permanently in Nicopolis in Epirus. There, in a school which he called 'healing place for sick souls', he taught a practical philosophy, details of which were recorded by Arrian, a student of his, and survive in four books of Discourses and a smaller Encheiridion, a handbook which gives briefly the chief doctrines of the Discourses. He apparently lived into the reign of Hadrian (117–138 CE).Epictetus was a teacher of Stoic ethics, broad and firm in method, sublime in thought, and now humorous, now sad or severe in spirit. How should one live righteously? Our god-given will is our paramount possession, and we must not covet others'. We must not resist fortune. Man is part of a system; humans are reasoning beings (in feeble bodies) and must conform to god's mind and the will of nature. Epictetus presents us also with a pungent picture of the perfect (Stoic) man.The Loeb Classical Library edition of Epictetus is in two volumes.
Dr. Seuss and Philosophy: Oh, the Thinks You Can Think!
Jacob M. Held - 2011
Seuss, children and adults alike have been captivated by the charming and laconic tales of whimsical characters and imaginative worlds. But Dr. Seuss' stories are more than just catchy poems; they often wrestle with serious philosophical and moral dilemmas, whether it is Horton discovering the very essence of life or the Lorax teaching us about morality. Dr. Seuss and Philosophy explores philosophical concepts such as the nature of the good life in Oh, the Places You'll Go!, the nature of knowledge in McElligot's Pool, postmodernity in On Beyond Zebra, business and the environment in The Lorax, and moral character in How the Grinch Stole Christmas!, among many others. Anyone who loves Dr. Seuss or is interested in philosophy will find this book to be intriguing and enlightening.
If You Want To Be Rich & Happy Don't Go To School: Insuring Lifetime Security for Yourself and Your Children
Robert T. Kiyosaki - 1992
They are more likely planted seeds of financial and emotional failure in your life. This book reverses the damage It shows how to identify and revrse the harmful programming received in the classroom, and learn new habits that will set you up for financial and emotional success right now. Even more important, this book teaches you the skills and principles that will ensure your wealth in times ahead.With the blueprint in this book, you will learn attitudes and abilities that will help you not merely to sirvive, but to rposper, regardless of whether the economy goes up or down. If you want to be rich and happy, read this book
Bench Press
Sven Lindqvist - 1988
Quoting from Arnold Schwarzenegger and Japanese writer Yukio Mishima, Lindqvist muses on what bodybuilding's increasing popularity says about contemporary society. "Bench Press" is an intoxicating blend of philosophical and political insight, emotional candor, and forgotten annals of the history of exertion.