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Universal Economics by Armen A. Alchian
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Extraordinary Popular Delusions and the Madness of Crowds
Charles Mackay - 1841
This Harriman House edition includes Charles Mackay's account of the three infamous financial manias - John Law's Mississipi Scheme, the South Sea Bubble, and Tulipomania.Between the three of them, these historic episodes confirm that greed and fear have always been the driving forces of financial markets, and, furthermore, that being sensible and clever is no defence against the mesmeric allure of a popular craze with the wind behind it.In writing the history of the great financial manias, Charles Mackay proved himself a master chronicler of social as well as financial history. Blessed with a cast of characters that covered all the vices, gifted a passage of events which was inevitably heading for disaster, and with the benefit of hindsight, he produced a record that is at once a riveting thriller and absorbing historical document. A century and a half later, it is as vibrant and lurid as the day it was written.For modern-day investors, still reeling from the dotcom crash, the moral of the popular manias scarcely needs spelling out. When the next stock market bubble comes along, as it surely will, you are advised to recall the plight of some of the unfortunates on these pages, and avoid getting dragged under the wheels of the careering bandwagon yourself.
The Dream Weaver: One Boy's Journey Through the Landscape of Reality
Jack Bowen - 2006
Dreams aren't really anything like reality. Dreams are, well, they're more dreamy. You can just tell. Things happen in dreams that don't happen in reality. Usually, anyway. An intriguing tale that will instill readers with an abiding sense of philosophical wonder. If you're smitten with Sophie's World, you're sure to be entranced by The Dream Weaver. - Christopher Phillips, author, Socrates Cafe. Jack Bowen's novel is like traveling with Alice to a Wonderland inhabited by the greatest philosophers and scientists who ever lived... A triumph! - Wenda O'Reilly, Ph.D., President, Birdcage Press and author, The Impressionist Art Game. The Dream Weaver is an outstanding how-to-think book... This book is a philosophical odyssey that tackles the mysteries of life, of science, and of the meaning of reality. - Susanne Pari, author, The Fortune Catcher.
Biggest Secrets
William Poundstone - 1993
Fields Cookies... What backward messages on records are really trying to tell you... Frank Sinatra's real age... Why you can't counterfeit a lottery ticket... Barbra Streisand's blue movie... The other Boy Scout rituals... Ingmar Bergman's soap commercials... The formula for Play-Doh... and more.
Zombie Economics: A Guide to Personal Finance
Lisa Desjardins - 2011
It's compelling, it's straightforward, and it can change your life. Zombie Economics is for anyone in the midst of financial uncertainty, a place where carelessness and timidity will cost you. From the creeping spread of unpaid bills to the lumbering advance of creditors, Zombie Economics confronts the biggest threats to your personal economy, takes aim, and then takes them down. Specific chapters include: A Basement Full of Ammo Saving yourself by saving money They'll Eat the Fat Ones First Using fitness as a financial asset Shooting Dad in the Head Ending your relationships with the financially infected With simple, easy-to-use techniques for identifying-and eliminating-your financial weak spots, Zombie Economics turns victims into survivors. Watch a Video"
The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War
Robert J. Gordon - 2016
Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk
Allison Schrager - 2019
But those people haven't met Allison Schrager, an economist and award-winning journalist who has spent her career examining how people manage risk in their lives and careers.Whether we realize it or not, we all take risks large and small every day. Even the most cautious among us cannot opt out--the question is always which risks to take, not whether to take them at all. What most of us don't know is how to measure those risks and maximize the chances of getting what we want out of life.In An Economist Walks into a Brothel, Schrager equips readers with five principles for dealing with risk, principles used by some of the world's most interesting risk takers. For instance, she interviews a professional poker player about how to stay rational when the stakes are high, a paparazzo in Manhattan about how to spot different kinds of risk, horse breeders in Kentucky about how to diversify risk and minimize losses, and a war general who led troops in Iraq about how to prepare for what we don't see coming.When you start to look at risky decisions through Schrager's new framework, you can increase the upside to any situation and better mitigate the downside.
Atheism 101: Answers, Explanations and Rebuttals
Grigory Lukin - 2011
What is the meaning of life? What was Hitler's religion? What's the deal with the Flying Spaghetti Monster? And what was Mother Teresa's dark secret? This book is highly recommended for everyone curious about America's most misunderstood minority, as well as for those who wish to better understand their atheist friends, neighbors or coworkers.
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.
The Best of Poetry: Thoughts that Breathe and Words that Burn (In Two Hundred Poems)
Rudolph Amsel - 2014
The design of this anthology is inspired by the structure of a sonnet: 14 Poems for 14 Themes Love; Parting and Sorrow; Inspiration; Mystery and Enigmas; Humour and Curiosities; Rapture; A Door Opens, A Door Closes; Memory; Tales and Songs; Nature; Cities; Solitude; Contemplation; and Animals. There are poems for every mood and occasion, and alongside the more famous works, are some lesser known gems of English poetry.Included are masterpieces by Shakespeare, Dickinson, Hart Crane, T.S. Eliot, E.E. Cummings, Walt Whitman, Robert Browning, Lewis Carroll, Edward Lear, Yeats, Shelley, Keats, Byron, Christina Rossetti, and many other outstanding poets. Please view the preview of this book for a full listing.At Elsinore Books we pride ourselves on creating beautiful Kindle Books, and devote great attention to formatting, and ease of navigation. This book contains a cleanly-styled contents page that permits easy movement between poems. You can return at any time to the contents page by clicking on the title of each poem.The Best of Poetry Series:Volume 1: The Best of Poetry: Thoughts that Breathe and Words that BurnVolume 2: The Best of Poetry: Shakespeare, Muse of Fire Foreword Anthologies of English verse are as abundant as mushrooms after rain. So why create another?Our defence amounts to this: the kind of anthology that we wanted to own did not exist – a collection in which the poems were as carefully arranged as selected; where Whitman’s “Crossing Brooklyn Ferry” could ignite the beauty of Hart Crane’s “Brooklyn Bridge”; where the enigmas of Browning’s “Meeting at Night”, and Hardy’s “Once at Swanage” might unravel each other; and the doubts besetting Anne Gregory in Yeats’s poem, find answers in Thomas Moore’s “Believe Me, If All Those Endearing Young Charms”. In this collection, we have tried to place poems together that will strike fire off one another, and bring new light to familiar lines. We decided to structure the anthology as a sort of sonnet sequence, with fourteen poems for fourteen themes. A two-poem prologue and epilogue bring the collection to exactly two-hundred poems. In selecting which poems to include, our aim was to present the best-loved poems in the English language alongside some less commonly anthologized masterpieces. Committed as we were to a definite fourteen by fourteen structure, there were of course, many wonderful poems that we were unable to include. Shorter, lyrical pieces have generally been favoured over the longer canonical works of English poetry. Each theme in this anthology is introduced by a famous definition of poetry. Taken together, these definitions give some idea of the beauty, enchantment, and richness that poetry can offer. But it is in the poems themselves that the real treasure is to be found. We hope you will enjoy reading them.Rudolph Amsel and Teresa Keyne
The End of Poverty
Jeffrey D. Sachs - 2005
Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries. Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.
The (Mis)Behavior of Markets
Benoît B. Mandelbrot - 1997
Mandelbrot, one of the century's most influential mathematicians, is world-famous for making mathematical sense of a fact everybody knows but that geometers from Euclid on down had never assimilated: Clouds are not round, mountains are not cones, coastlines are not smooth. To these classic lines we can now add another example: Markets are not the safe bet your broker may claim. In his first book for a general audience, Mandelbrot, with co-author Richard L. Hudson, shows how the dominant way of thinking about the behavior of markets-a set of mathematical assumptions a century old and still learned by every MBA and financier in the world-simply does not work. As he did for the physical world in his classic The Fractal Geometry of Nature, Mandelbrot here uses fractal geometry to propose a new, more accurate way of describing market behavior. The complex gyrations of IBM's stock price and the dollar-euro exchange rate can now be reduced to straightforward formulae that yield a far better model of how risky they are. With his fractal tools, Mandelbrot has gotten to the bottom of how financial markets really work, and in doing so, he describes the volatile, dangerous (and strangely beautiful) properties that financial experts have never before accounted for. The result is no less than the foundation for a new science of finance.
The Banker's Code
George Antone - 2012
It's a story that chronicles the most powerful wealth-building strategies known to man, lessons that are the basis of banking. You'll be introduced to a whole new way of building wealth that some of the wealthiest families in the world have used, and are still using. Be the banker! Praise: "George Antone is the one financial author that has the unique ability to sift through massive technical information and present the reader with lapidary nuggets of wealth-building wisdom." Mark Peters Stone Water Wealth Management "The Banker's Code provides unparalleled insights in regards to money and finances which creates an amazing formula for building wealth." Willie Hooks Million Dollar Coaching "Great Book! Easily read and understood. In this book you’ll discover the world’s most powerful time tested investment model neatly wrapped inside a touching story. I’ve used these proven strategies to create great returns for more than 20 years." Mike Sanderson Private Lender "Wow! What a great book! Mr. Antone has explained the very complex financial concepts in use every day in the banking world in a way that we can all put to use in our own quest for wealth." Henry Dvorken An expert and one of the giants of the real estate note business
How to Change Your Mind: What the New Science of Psychedelics
Zhivko - 2018