Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education


Gary S. Becker - 1964
    Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics.This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings."Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal

Coffinman: The Journal of a Buddhist Mortician


Shinmon Aoki - 1996
    Shinmon Aoki is forced by extreme financial circumstances into a job in one of the most despised professions in Japanese society, that of the nokanfu, one who washes and prepares dead bodies for burial. Shunned by family and friends and burdened by his own initial revulsion for his work, Aoki throws himself into the job with a fervour that attracts the attention of the townsfolk and earns him the title of Coffinman. In this spiritual autobiography, Aoki chronicles his progression from repulsion to a gradual realisation of the tranquillity that accompanies death. He assists the uninitiated in gaining an understanding of the basic principles of Shin Buddhism and its concepts of death and dying. Also included are definitions of key terms and phrases and a bibliography.Looks at one man's very personal struggle to engage his Shin Buddhist faith to make sense of his experiences with the dead and dying. The author chronicles his progression from repulsion to a gradual realisation of the tranquillity that accompanies death.

A Short History of the Twentieth Century


John Lukacs - 2013
    The great themes woven through this spirited narrative are inseparable from the author's own intellectual preoccupations: the fading of liberalism, the rise of populism and nationalism, the achievements and dangers of technology, and the continuing democratization of the globe.The historical twentieth century began with the First World War in 1914 and ended seventy-five years later with the collapse of the Soviet Empire in 1989. The short century saw the end of European dominance and the rise of American power and influence throughout the world. The twentieth century was an American century--perhaps the American century. Lukacs explores in detail the phenomenon of national socialism (national socialist parties, he reminds us, have outlived the century), Hitler's sole responsibility for the Second World War, and the crucial roles played by his determined opponents Churchill and Roosevelt. Between 1939 and 1942 Germany came closer to winning than many people suppose.Lukacs casts a hard eye at the consequences of the Second World War--the often misunderstood Soviet-American cold war--and at the shifting social and political developments in the Far and Middle East and elsewhere. In an eloquent closing meditation on the passing of the twentieth century, he reflects on the advance of democracy throughout the world and the limitations of human knowledge.

An Introduction to the Three Volumes of Karl Marx's Capital


Michael Heinrich - 2004
    Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions.

Speculation As a Fine Art and Thoughts on Life


Dickson G. Watts - 1965
    This is a combination of what is speculation, along with some thoughts on life, business, society, and language. An excellent thought starter. Also contains Watts classic -Thoughts on Life- - short aphorisms of timeless wisdom. The orignal source for classic market wisdom such as: -Make your theories fit your facts, not your facts your theories.- -Look after the principal; the interest will look after itself.- -If a speculation keeps you awake at night, sell down to the sleeping point- This book is a must for any reader of classic investing wisdom.

Bourgeois Dignity: Why Economics Can't Explain the Modern World


Deirdre Nansen McCloskey - 2010
    It is how China and India began to embrace neoliberal ideas of economics and attributed a sense of dignity and liberty to the bourgeoisie they had denied for so long. The result was an explosion in economic growth and proof that economic change depends less on foreign trade, investment, or material causes, and a whole lot more on ideas and what people believe.Or so says Deirdre N. McCloskey in Bourgeois Dignity, a fiercely contrarian history that wages a similar argument about economics in the West. Here she turns her attention to seventeenth- and eighteenth-century Europe to reconsider the birth of the industrial revolution and the rise of capitalism. According to McCloskey, our modern world was not the product of new markets and innovations, but rather the result of shifting opinions about them. During this time, talk of private property, commerce, and even the bourgeoisie itself radically altered, becoming far more approving and flying in the face of prejudices several millennia old. The wealth of nations, then, didn’t grow so dramatically because of economic factors: it grew because rhetoric about markets and free enterprise finally became enthusiastic and encouraging of their inherent dignity.An utterly fascinating sequel to her critically acclaimed book The Bourgeois Virtues, Bourgeois Dignity is a feast of intellectual riches from one of our most spirited and ambitious historians—a work that will forever change our understanding of how the power of persuasion shapes our economic lives.