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An Economist Walks Into A Brothel

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Author by : Allison Schrager
Languange Used : en
Release Date : 2019-04-02
Publisher by : Penguin

ISBN : 9780525533962

A Financial Times Book of the Month pick for April! Is it worth swimming in shark-infested waters to surf a 50-foot, career-record wave? Is it riskier to make an action movie or a horror movie? Should sex workers forfeit 50 percent of their income for added security or take a chance and keep the extra money? Most people wouldn't expect an economist to have an answer to these questions--or to other questions of daily life, such as who to date or how early to leave for the airport. 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....

An Economist Walks Into A Brothel

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Author by : Allison Schrager
Languange Used : en
Release Date : 2019-04-02
Publisher by : Penguin

ISBN : 9780525533979

Bettering Humanomics

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Author by : Deirdre Nansen McCloskey
Languange Used : en
Release Date : 2023-06-05
Publisher by : University of Chicago Press

ISBN : 9780226771441

Deirdre Nansen McCloskey's latest meticulous work examines how economics can become a more "human" science. Economic historian Deirdre Nansen McCloskey has distinguished herself through her writing on the Great Enrichment and the betterment of the poor—not just materially but spiritually. In Bettering Humanomics she continues her intellectually playful yet rigorous analysis with a focus on humans rather than the institutions. Going against the grain of contemporary neo-institutional and behavioral economics which privilege observation over understanding, she asserts her vision of “humanomics,” which draws on the work of Bart Wilson, Vernon Smith, and most prominently, Adam Smith. She argues for an economics that uses a comprehensive understanding of human action beyond behaviorism. McCloskey clearly articulates her points of contention with believers in “imperfections,” from Samuelson to Stiglitz, claiming that they have neglected scientific analysis in their haste to diagnose the ills of the system. In an engaging and erudite manner, she reaffirms the global successes of market-tested betterment and calls for empirical investigation that advances from material incentives to an awareness of the human within historical and ethical frameworks. Bettering Humanomics offers a critique of contemporary economics and a proposal for an economics as a better human science....

Money

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Author by : Jacob Goldstein
Languange Used : en
Release Date : 2020-09-08
Publisher by : Hachette Books

ISBN : 9780316417181

The co-host of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs. Money only works because we all agree to believe in it. In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century. At the heart of the story are the fringe thinkers and world leaders who reimagined money. Kublai Khan, the Mongol emperor, created paper money backed by nothing, centuries before it appeared in the west. John Law, a professional gambler and convicted murderer, brought modern money to France (and destroyed the country's economy). The cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin. One thing they all realized: what counts as money (and what doesn't) is the result of choices we make, and those choices have a profound effect on who gets more stuff and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad. Lively, accessible, and full of interesting details (like the 43-pound copper coins that 17th-century Swedes carried strapped to their backs), Money is the story of the choices that gave us money as we know it today....

Shift Ahead

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Author by : Allen Adamson
Languange Used : en
Release Date : 2017-11-09
Publisher by : AMACOM

ISBN : 9780814438343

In a world that's changing faster and more furiously than ever, the ability to shift focus is critical. Why is it that some organizations can continually evolve to meet the times and the marketplace, and others can't? How do some companies always seem to know the perfect season to shift gears, as well as the rights methods to implement when doing so, while others ruefully, and perhaps stubbornly, go down sinking when a simple shift would’ve saved everything?Shift Ahead taps into both success stories and cautionary tales from others who have gone before in order to provide for readers a smart, calculated approach to knowing both: 1) when to change course and 2) how to pull it off. Packed with insightful interviews from leaders at HBO, Adobe, BlackBerry, National Geographic, Microsoft, Kodak, and elsewhere, this must-have resource explains how to• Spot warning signs that it’s time for a reinvention• Overcome obstacles standing in the way of your company’s future goals• Maintain authenticity when shifting gears• Execute changes seamlessly, no matter how bold they areToday more than at any other time before, knowing when to shift, and how to do so successfully, is the key to remaining competitive. But with Shift Ahead, this difficult yet imperative maneuver will become the key to your company’s long-term success!...

Samuelson Friedman The Battle Over The Free Market

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Author by : Nicholas Wapshott
Languange Used : en
Release Date : 2021-08-03
Publisher by : W. W. Norton & Company

ISBN : 9780393285192

A Financial Times Best Economics Book of 2021 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes’s General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don’t care who writes a nation’s laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott’s nimble hands, Samuelson and Friedman’s decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today....

Willie

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Author by : Willie O'Ree
Languange Used : en
Release Date : 2020-10-20
Publisher by : Penguin

ISBN : 9780735239753

An inspiring memoir that shows that anyone can achieve their dreams if they are willing to fight for them. In 1958, Willie O'Ree was a lot like any other player toiling in the minors. He was good. Good enough to have been signed by the Boston Bruins. Just not quite good enough to play in the NHL. Until January 18 of that year. O'Ree was finally called up, and when he stepped out onto the ice against the Montreal Canadiens, not only did he fulfil the childhood dream he shared with so many other Canadian kids, he did something that had never been done before. He broke hockey's colour barrier. Just as his hero, Jackie Robinson, had done for baseball. In that pioneering first NHL game, O'Ree proved that no one could stop him from being a hockey player. But he soon learned that he could never be just a hockey player. He would always be a black player, with all that entails. There were ugly name-calling and stick-swinging incidents, and nights when the Bruins had to be escorted to their bus by the police. But O'Ree never backed down. When he retired in 1979, he had played hundreds of games as a pro, and scored hundreds of goals, his boyhood dreams more than accomplished. In 2018, O'Ree was inducted into the Hockey Hall of Fame in recognition not only of that legacy, but of the way he has built on it in the decades since. He has been, for twenty years now, an NHL Executive and has helped the NHL Diversity program expose more than 40,000 boys and girls of diverse backgrounds to unique hockey experiences. Inspiring, frank, and shot through with the kind of understated courage and decency required to change the world, Willie is a story for anyone willing to persevere for a dream....

Cinemastrology

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Author by : Stella Wonderly
Languange Used : en
Release Date : 2020-06-02
Publisher by : Running Press Adult

ISBN : 9780762469604

Picking your perfect flick can be an overwhelming experience. But fear not! Cinemastrology answers a question that has stumped even the most avid film buff for over a century: "What movie should I watch?" From contemporary comedies to Hollywood classics, from date movies to adrenaline fests, Cinemastrology is your guide to the art of selecting viewing based on your astrological sign. It includes profiles of all the sun signs and offers an extensive list of movie recommendations for each, complete with descriptions, behind-the-scenes stories, and insights into the unique qualities of each sign, from Aries to Pisces. Sections covering the stars that light up the screen and sign-compatible suggestions based on the sign of your partner or film-viewing friend round out Cinemastrology. Getting started is easy! All you need is a birthday and a passion for movies....

The Geometry Of Wealth

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Author by : Brian Portnoy
Languange Used : en
Release Date : 2018-06-11
Publisher by : Harriman House Limited

ISBN : 9780857196729

How does money figure into a happy life? In The Geometry of Wealth, behavioral finance expert Brian Portnoy delivers an inspired answer, building on the critical distinction between being rich and being wealthy. While one is an unsatisfying treadmill, the other is the ability to underwrite a meaningful life, however one chooses to define that. Truly viewed, wealth is funded contentment. At the heart of this groundbreaking perspective, Portnoy takes readers on a journey toward wealth, informed by disciplines ranging from ancient history to modern neuroscience. He contends that tackling the big questions about a joyful life and tending to financial decisions are complementary, not separate, tasks. These big questions include: • How is the human brain wired for two distinct experiences of happiness? And why can money “buy” one but not the other? • What are the touchstones of a meaningful life, and are they affordable? • Why is market savvy among the least important sources of wealth but self-awareness is among the most? • How does one strike a balance between striving for more while being content with enough? This journey memorably contours along three basic shapes: A circle, triangle and square help us to visualize how we adapt to evolving circumstances, set clear priorities, and find empowerment in simplicity. In this accessible and entertaining book, Portnoy reveals that true wealth is achievable for many - including those who despair it is out of reach - but only in the context of a life in which purpose and practice are thoughtfully calibrated....

The Astral Plane

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Author by : C. W. Leadbeater
Languange Used : en
Release Date : 2009-05-01
Publisher by : The Floating Press

ISBN : 9781775410898

Is this world all that exists, or are there one or more invisible dimensions in the universe that also harbor sentient beings? In The Astral Plane: Its Scenery, Inhabitants and Phenomena, esoterica expert C.W. Leadbeater brings together centuries of information about one much-hypothesized-about realm, the so-called astral plane. Whether you are a believer in unseen phenomenon or a skeptic, it makes for a fascinating read....