Seven Deadly Economic Sins

Seven Deadly Economic Sins PDF Author: James R. Otteson
Publisher: Cambridge University Press
ISBN: 1108843379
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
Compelling basic principles of economics every citizen should know to enable better personal decision-making and better evaluation of public policy.

Seven Deadly Economic Sins

Seven Deadly Economic Sins PDF Author: James R. Otteson
Publisher: Cambridge University Press
ISBN: 1108843379
Category : Business & Economics
Languages : en
Pages : 325

Get Book Here

Book Description
Compelling basic principles of economics every citizen should know to enable better personal decision-making and better evaluation of public policy.

Seven Deadly Economic Sins

Seven Deadly Economic Sins PDF Author: James R. Otteson
Publisher: Cambridge University Press
ISBN: 1108910408
Category : Business & Economics
Languages : en
Pages : 325

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Book Description
You have heard of the Seven Deadly Sins: pride, greed, lust, envy, gluttony, wrath, and sloth. Each is a natural human weakness that impedes happiness. In addition to these vices, however, there are economic sins as well. And they, too, wreak havoc on our lives and in society. They can seem intuitively compelling, yet they lead to waste, loss, and forgone prosperity. In this thoughtful and compelling book, James Otteson tells the story of seven central economic fallacies, explaining why they are fallacies, why believing in them leads to mistakes and loss, and how exorcizing them from our thinking can help us avoid costly errors and enable us to live in peace and prosperity.

Seven Deadly Innocent Frauds of Economic Policy

Seven Deadly Innocent Frauds of Economic Policy PDF Author: Warren Mosler
Publisher: Davin Patton
ISBN: 0692009590
Category : United States
Languages : en
Pages : 63

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Book Description
"Here, Warren Mosler identifies and debunks seven entrenched ideas keeping the economy in a downward trajectory. In this ... book, he exposes commonly-held beliefs, such as 'deficits leave the debt burden to our children' and 'Social Security is broken,' to be economic myths. In addition to correcting these mindsets, Mosler promotes the restoration of the American economy with practical and feasible proposals. Along the way, he explains the operational realities of the monetary system in clear, down-to-earth language"--Book jacket.

The Seven Deadly Sins of Capitalism

The Seven Deadly Sins of Capitalism PDF Author: Mike Guillaume
Publisher:
ISBN: 9781907720680
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
Guillaume deals with the sins of capitalism in a work that contains much moreon the negatives than about the positives.

How Markets Fail

How Markets Fail PDF Author: Cassidy John
Publisher: Penguin UK
ISBN: 0141939427
Category : Business & Economics
Languages : en
Pages : 485

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Book Description
How did we get to where we are? John Cassidy shows that the roots of our most recent financial failure lie not with individuals, but with an idea - the idea that markets are inherently rational. He gives us the big picture behind the financial headlines, tracing the rise and fall of free market ideology from Adam Smith to Milton Friedman and Alan Greenspan. Full of wit, sense and, above all, a deeper understanding, How Markets Fail argues for the end of 'utopian' economics, and the beginning of a pragmatic, reality-based way of thinking. A very good history of economic thought Economist How Markets Fail offers a brilliant intellectual framework . . . fine work New York Times An essential, grittily intellectual, yet compelling guide to the financial debacle of 2009 Geordie Greig, Evening Standard A powerful argument . . . Cassidy makes a compelling case that a return to hands-off economics would be a disaster BusinessWeek This book is a well constructed, thoughtful and cogent account of how capitalism evolved to its current form Telegraph Books of the Year recommendation John Cassidy ... describe[s] that mix of insight and madness that brought the world's system to its knees FT, Book of the Year recommendation Anyone who enjoys a good read can safely embark on this tour with Cassidy as their guide . . . Like his colleague Malcolm Gladwell [at the New Yorker], Cassidy is able to lead us with beguiling lucidity through unfamiliar territory New Statesman John Cassidy has covered economics and finance at The New Yorker magazine since 1995, writing on topics ranging from Alan Greenspan to the Iraqi oil industry and English journalism. He is also now a Contributing Editor at Portfolio where he writes the monthly Economics column. Two of his articles have been nominated for National Magazine Awards: an essay on Karl Marx, which appeared in October, 1997, and an account of the death of the British weapons scientist David Kelly, which was published in December, 2003. He has previously written for Sunday Times in as well as the New York Post, where he edited the Business section and then served as the deputy editor. In 2002, Cassidy published his first book, Dot.Con. He lives in New York.

The Seven Deadly Sins

The Seven Deadly Sins PDF Author: Stanford M. Lyman
Publisher: Rowman & Littlefield Publishers
ISBN: 1461644070
Category : Philosophy
Languages : en
Pages : 367

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Book Description
When Stanford M. Lyman authored The Seven Deadly Sins: Society and Evil in 1978 it was hailed by Alasdair MacIntyre as "a book of absorbing interest and importance...[that] places us all in his debt." By Nelson Hart as "a masterful and thought-provoking book...[that] is the only scholarly treatment of sin that is so well-informed by the best of ancient through modern perspectives." By James A. Aho as a work whose "abstract hardly does justice to the scholarly and detailed analysis of sin." And by Harry Cohen as a "book...[that] stands as a beautiful illustration of what holistic, idiosyncratic, interdisciplinary, and creative thinking and writing can bring to bear on the age-old problem of society and evil." The American Sociological Association's section on the Sociology of the Emotions selected this book as one of the works that laid the foundations for the study of pride, lust, envy, and anger—basic sentiments embedded in the social process. For this revised and expanded edition Lyman has written a new chapter, "Sentiments, Sin, and Social Conflict: Toward a Sociology of the Emotions." The new edition will be a valuable work for courses in social psychology, ethics, deviance, and the sociology of morals and of religion.

Summary of James R. Otteson's Seven Deadly Economic Sins

Summary of James R. Otteson's Seven Deadly Economic Sins PDF Author: Milkyway Media
Publisher: Milkyway Media
ISBN:
Category : Business & Economics
Languages : en
Pages : 8

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Book Description
Please note: This is a companion version & not the original book. Book Preview: #1 While it is true that markets are competitive, and that some firms will succeed and others will fail, this does not have to be a negative thing. Because markets are positivesum, not zerosum, the wealth they create is positivesum as well. #2 There are two main ways to get something from someone: by taking it forcibly from them, or by defrauding them and promising to pay them in the future but not doing so. These are examples of zerosum exchanges. #3 Until about 1800, the average person’s percapita wealth was extremely low, between $1 and $3 per day. But there is another way to get what you want from another person: make an offer of exchange that the other party is free to accept or decline. If both parties benefit from the exchange, it is a positivesum exchange. #4 The morally superior way to deal with others is to engage in cooperative exchanges instead of extractive ones. This was a great leap forward in human morality, and it has become clear that the only properly moral way to deal with others is to treat them as equals in dignity and agency.

The Seven Deadly Sins of Psychology

The Seven Deadly Sins of Psychology PDF Author: Chris Chambers
Publisher: Princeton University Press
ISBN: 0691192030
Category : Psychology
Languages : en
Pages : 293

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Book Description
Why psychology is in peril as a scientific discipline—and how to save it Psychological science has made extraordinary discoveries about the human mind, but can we trust everything its practitioners are telling us? In recent years, it has become increasingly apparent that a lot of research in psychology is based on weak evidence, questionable practices, and sometimes even fraud. The Seven Deadly Sins of Psychology diagnoses the ills besetting the discipline today and proposes sensible, practical solutions to ensure that it remains a legitimate and reliable science in the years ahead. In this unflinchingly candid manifesto, Chris Chambers shows how practitioners are vulnerable to powerful biases that undercut the scientific method, how they routinely torture data until it produces outcomes that can be published in prestigious journals, and how studies are much less reliable than advertised. Left unchecked, these and other problems threaten the very future of psychology as a science—but help is here.

The Seven Sins of Wall Street

The Seven Sins of Wall Street PDF Author: Bob Ivry
Publisher: PublicAffairs
ISBN: 161039366X
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing -- and should make us not just afraid but very afraid -- are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we're all affected by the financial industry's inhumanity. The transgressions of "Wall Street titans" and "masters of the universe" are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain -- a smokescreen of complexity and jargon that hide the bankers' nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you'll finish this book asking yourself how it is that so many of the nation's leading financial institutions remain such exasperating problem children.

Greed

Greed PDF Author: Phyllis Tickle
Publisher: Oxford University Press
ISBN: 0195156609
Category : Psychology
Languages : en
Pages : 121

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Book Description
Grasping. Avarice. Covetousness. Miserliness. Insatiable cupidity. Overreaching ambition. Desire spun out of control. The deadly sin of Greed goes by many names, appears in many guises, and wreaks havoc on individuals and nations alike. In this lively and generous book, Phyllis A. Tickle argues that Greed is "the Matriarch of the Deadly Clan," the ultimate source of Pride, Envy, Sloth, Gluttony, Lust, and Anger. She shows that the major faiths, from Hinduism and Taoism to Buddhism and Christianity regard Greed as the greatest calamity humans can indulge in, engendering further sins and eviscerating all virtues. As the Sikh holy book Adi Granth asks: "Where there is greed, what love can there be?" Tickle takes a long view of Greed, from St. Paul to the present, focusing particularly on changing imaginative representations of Greed in Western literature and art. Looking at such works as the Psychomachia, or "Soul Battle" of the fifth-century poet Aurelius Clemens Prudentius, the paintings of Peter Bruegel and Hieronymous Bosch, the 1987 film Wall Street, and the contemporary Italian artist Mario Donizetti, Tickle shows how our perceptions have evolved from the medieval understanding of Greed as a spiritual enemy to a nineteenth-century sociological construct to an early twentieth-century psychological deficiency, and finally to a new view, powerfully articulated in Donizetti's mystical paintings, of Greed as both tragic and beautiful. Engaging, witty, brilliantly insightful, Greed explores the full range of this deadly sin's subtle, chameleon-like qualities, and the enormous destructive power it wields, evidenced all too clearly in the world today.