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Author: Russ Roberts
Publisher: Hoover Press
ISBN: 0817921869
Category : Business & Economics
Languages : en
Pages : 75
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Book Description
What caused the Financial Crisis of 2008? While government mandates and private sector mistakes did contribute to the crisis and can be blamed at least in part for what happened, this book takes a different approach. Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people's money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate 'Too Big to Fail.' That perception allows the largest financial institutions to continue to gamble with taxpayer money.
Author: Russ Roberts
Publisher: Hoover Press
ISBN: 0817921869
Category : Business & Economics
Languages : en
Pages : 75
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Book Description
What caused the Financial Crisis of 2008? While government mandates and private sector mistakes did contribute to the crisis and can be blamed at least in part for what happened, this book takes a different approach. Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people's money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate 'Too Big to Fail.' That perception allows the largest financial institutions to continue to gamble with taxpayer money.
Author: John Kay
Publisher: PublicAffairs
ISBN: 1610396049
Category : Business & Economics
Languages : en
Pages : 296
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Book Description
The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions. Why? What is finance for? John Kay, with wide practical and academic experience in the world of finance, understands the operation of the financial sector better than most. He believes in good banks and effective asset managers, but good banks and effective asset managers are not what he sees. In a dazzling and revelatory tour of the financial world as it has emerged from the wreckage of the 2008 crisis, Kay does not flinch in his criticism: we do need some of the things that Citigroup and Goldman Sachs do, but we do not need Citigroup and Goldman to do them. And many of the things done by Citigroup and Goldman do not need to be done at all. The finance sector needs to be reminded of its primary purpose: to manage other people's money for the benefit of businesses and households. It is an aberration when the some of the finest mathematical and scientific minds are tasked with devising algorithms for the sole purpose of exploiting the weakness of other algorithms for computerized trading in securities. To travel further down that road leads to ruin. A Financial Times Book of the Year, 2015 An Economist Best Book of the Year, 2015 A Bloomberg Best Book of the Year, 2015
Author: Andreas Heinz
Publisher: Springer
ISBN: 3030030601
Category : Medical
Languages : en
Pages : 318
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Book Description
This book provides an overview of the state of the art in research on and treatment of gambling disorder. As a behavioral addiction, gambling disorder is of increasing relevance to the field of mental health. Research conducted in the last decade has yielded valuable new insights into the characteristics and etiology of gambling disorder, as well as effective treatment strategies. The different chapters of this book present detailed information on the general concept of addiction as applied to gambling, the clinical characteristics, epidemiology and comorbidities of gambling disorder, as well as typical cognitive distortions found in patients with gambling disorder. In addition, the book includes chapters discussing animal models and the genetic and neurobiological underpinnings of the disorder. Further, it is examining treatment options including pharmacological and psychological intervention methods, as well as innovative new treatment approaches. The book also discusses relevant similarities to and differences with substance-related disorders and other behavioral addictions. Lastly, it examines gambling behavior from a cultural perspective, considers possible prevention strategies and outlines future perspectives in the field.
Author: Ward Wilson
Publisher:
ISBN:
Category : Games & Activities
Languages : en
Pages : 145
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Book Description
This book is for you only if you gamble to make money. If your idea of "fun" and "entertainment" includes giving away your hard-earned money to casinos, I can't help you. If you enjoy sitting in a mindless, bright lights/dinging trance while you drop quarters down a slot, this book is not for you. If you think casinos are built and run by stupid people, you better stay out of them. If you think you can beat a blackjack dealer by wild-assed guessing, think again. If you play poker just because it's now so popular . . . you don't need my book. If you believe you can just happen to be "lucky" enough to beat the odds, you live in a fantasy world and you'd hate this book for destroying your illusions. But if you're hard-headed, serious, willing to work, and tired of the mainstream gambling books that simply teach you how to lose less rather than win . . . If you understand casinos don't stay in business by giving out more money than they take in . . . This is an extensive examination of the most popular forms of gambling. If you can find any positive expectation bets, and how. Some of the material is controversial. Some of it is unique. It's not for beginners. If you don't already know how to play blackjack or craps, buy and read the basic books first. This one assumes you know and understand the rules of play. If you have emotional or psychological issues around money -- my strong advice is, don't gamble. If you want to believe casinos are playgrounds built for your amusement, this is not the book for you. I use statistical concepts and common sense to strip away the bright lights and glamor to reveal the mathematical realities of gambling. For the most part, it's not pretty. Not if you want to make money instead of lose it. But there are opportunities there for people willing to work hard and understand the obstacles so they can surmount them. If you're still an emotional child needing the adrenaline rush and excitement of "winning" money, this is not for you. And not only the casinos want to take your money -- hordes of online scammers selling bogus systems online also are after the money belonging to would-be pro gamblers. Until you can enter a casino and remain blind to the red carpeting, the flashing lights, dinging slots and the entire aura of glamorous partying -- you'll remain a loser. If you have enough money to pay for a mirage, that's up to you. Most people don't.
Author: Edwin Silberstang
Publisher: Macmillan + ORM
ISBN: 1429936991
Category : Games & Activities
Languages : en
Pages : 441
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Book Description
The definitive guide to the best strategies at the gambling table-now in a fully revised and updated fourth edition Long recognized as the gambler's bible, The Winner's Guide to Casino Gambling has been completely revised and expanded to include new rules and strategies for every major game in the casino, including several popular new ones. This entirely updated fourth edition remains the most authoritative and comprehensive book in its field, bringing gambling expert Edwin Silberstang's professional secrets and expertise into the twenty-first-century casino. The Winner's Guide to Casino Gambling can literally replace a shelf full of guides to individual games-each chapter is a book of its own. Silberstang shows readers - the best strategies to beat multiple-deck blackjack, including simple but powerful card-counting methods - how to exploit the free-odds wager in craps to minimize the house edge - ways to win at the most popular video poker games - the secrets to the new casino games, such as Three Card Poker and Let It Ride® - what games to play where for the best odds - a winning approach to thinking as a gambler, worth the cost of the entire book
Author: Lenwood Fields
Publisher: Bookstand Publishing
ISBN: 1589097718
Category : Political Science
Languages : en
Pages : 192
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Book Description
Have you ever wondered what the Great Depression and the 2009 Great Recession have in common? Then wonder no more; please join me and explore significant contributors to the Great Depression and the 2009 Great Recession. Just as important, I have given you a few phrases of wisdom to help get you through those trying times after you have lost all motivation and purpose. In addition, I boldly offer two paradigm shifts that our political leaders, teachers, parents, economists, etc... need to observe ASAP!
Author: South Australia. Parliament. Legislative Council
Publisher:
ISBN:
Category :
Languages : en
Pages : 1126
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Book Description
Author: Liam O'Brien
Publisher: eBook Partnership
ISBN: 1783012900
Category : Games & Activities
Languages : en
Pages : 241
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Book Description
The most comprehensive reference book on betting on horse (and greyhound) betting on the market with over 500 cross referenced entries. It explores the history, systems, theory, law and slang associated with betting on racing as well as the scandals, scams, ringers and the huge array of unforgettable characters and audacious coups.
Author:
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1758
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Book Description
Author: Mikkel Clair Nissen
Publisher: Mikkel Clair Nissen
ISBN:
Category :
Languages : en
Pages : 145
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Book Description
Manipulism and the Weapon of Guilt: Collectivism Exposed is the utmost controversial exposé and carefully detailed description of the awful emotional mind game that facilitates communism, socialism, and social-liberalism, known as collectivism. The book exposes Denmark, the supposed happiest nation on earth, for what it truly is: collectivism's biggest propaganda hoax. Danish author Mikkel Clair Nissen tells the hidden facts and realities of life in Denmark’s democratic-socialism that they never want you to know.
