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Author: Robert H. Frank
Publisher: Princeton University Press
ISBN: 1400880270
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success—and why that hurts everyone, even the wealthy. Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones—and enormous income differences—over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways. But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year—more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps. Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.
Author: Robert H. Frank
Publisher: Princeton University Press
ISBN: 1400880270
Category : Business & Economics
Languages : en
Pages : 208
Get Book
Book Description
From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about it How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success—and why that hurts everyone, even the wealthy. Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones—and enormous income differences—over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways. But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year—more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps. Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.
Author: Robert H. Frank
Publisher:
ISBN: 9780691167404
Category :
Languages : en
Pages : 232
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Book Description
How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success--and why that hurts everyone, even the wealthy. Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones--and enormous income differences--over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways. But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year--more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, uncontroversial steps. Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.
Author: Michael J. Mauboussin
Publisher: Harvard Business Press
ISBN: 1422184234
Category : Business & Economics
Languages : en
Pages : 312
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Book Description
In this provocative book, Michael Mauboussin offers the structure needed to analyze the relative importance of skill and luck, offering concrete suggestions for making these insights work to your advantage by making better decisions.
Author: Heather Summers
Publisher: Capstone
ISBN: 9781841127101
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Are some people just born lucky? The answer is no, people control their own fortunes. The Book of Luck will show you that there is a way to structure your luck and to bring success into your life and into your control. It will show you how to be lucky, always, demonstrating what has gone wrong in the past and outlining what you need to know for the future. Summers and Watson use extensive research and draw on their personal experiences both professionally and personally, to bring you a book crammed full of practical tips on how to turn the tide of your luck. This book will appeal to people who want to move up in life, people who have been made redundant, people who have plateaued in their careers and people who are ambitious for the next step - or simply people who want to make more of themselves in a business or personal context. The Book of Luck shows you how to: choose your own luck use social situations to increase your potential for luck use your own personal strengths to increase your luck choose how you respond to situations and maximise your luck train your mind to expect long term success develop a good luck mindset.
Author: Richard E. Goldman
Publisher: Morgan James Publishing
ISBN: 1614484058
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
Goldman maintains that luck is something a person creates with hard work, determination, and good timing. He highlights the achievements of the Baby Boomers and reveals how to design luck into one's life.
Author: Ed Smith
Publisher: A&C Black
ISBN: 1408830604
Category : Biography & Autobiography
Languages : en
Pages : 258
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Book Description
For aspiring cricketer Ed Smith, luck was for other people. Ed believed that the successful cricketer made his own luck by an application of will power, elimination of error, and the relentless pursuit of excellence. But when a freak accident at the crease at Lords prematurely ended Ed Smith's international cricketing career, it changed everything - and prompted him to look anew at his own life through the prism of luck.Tracing the history of the concepts of luck and fortune, destiny and fate, from the ancient Greeks to the present day - in religion, in banking, in politics - Ed Smith argues that the question of luck versus skill is as pertinent today as it ever has been. He challenges us to think again about privilege and opportunity, to re-examine the question of innate ability and of gifts and talents accidentally conferred at birth. Weaving in his personal stories - notably the chance meeting of a beautiful stranger who would become his wife on a train he seemed fated to miss - he puts to us the idea that in life, luck cannot be underestimated: without any means of explaining our differing lots in life, the world without luck is one in which you deserve every ill that befalls you, where envy dominates and averageness is the stifling ideal. Embracing luck leads us to a fresh reappraisal of the nature of success, opportunity and fairness.
Author: Christian Busch
Publisher: Penguin
ISBN: 0593086023
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
Good luck isn’t just chance—it can be learned and leveraged—and The Serendipity Mindset explains how you can use serendipity to make life better at work, at home—everywhere. Many of us believe that the great turning points and opportunities in our lives happen by chance, that they’re out of our control. Often we think that successful people—and successful companies and organizations—are simply luckier than the rest of us. Good fortune—serendipity—just seems to happen to them. Is that true? Or are some people better at creating the conditions for coincidences to arise and taking advantage of them when they do? How can we connect the dots of seemingly random events to improve our lives? In The Serendipity Mindset, Christian Busch explains that serendipity isn’t about luck in the sense of simple randomness. It’s about seeing links that others don’t, combining these observations in unexpected and strategic ways, and learning how to detect the moments when apparently random or unconnected ideas merge to form new opportunities. Busch explores serendipity from a rational and scientific perspective and argues that there are identifiable approaches we can use to foster the conditions to let serendipity grow. Drawing from biology, chemistry, management, and information systems, and using examples of people from all walks of life, Busch illustrates how serendipity works and explains how we can train our own serendipity muscle and use it to turn the unexpected into opportunity. Once we understand serendipity, Busch says, we become curators of it, and luck becomes something that no longer just happens to us—it becomes a force that we can grasp, shape, and hone. Full of exciting ideas and strategies, The Serendipity Mindset offers a clear blueprint for how we can cultivate serendipity to increase innovation, influence, and opportunity in every aspect of our lives.
Author: Nicholas Rescher
Publisher: University of Pittsburgh Pre
ISBN: 0822972271
Category : Philosophy
Languages : en
Pages : 250
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Book Description
Luck touches us all. "Why me?" we complain when things go wrong—though seldom when things go right. But although luck has a firm hold on all our lives, we seldom reflect on it in a cogent, concerted way. In Luck, one of our most eminent philosophers offers a realistic view of the nature and operation of luck to help us come to sensible terms with life in a chaotic world. Differentiating luck from fate (inexorable destiny) and fortune (mere chance), Nicholas Rescher weaves a colorful tapestry of historical examples, from the use of lots in the Old and New Testaments to Thomas Gataker’s treatise of 1619 on the great English lottery of 1612, from casino gambling to playing the stock market. Because we are creatures of limited knowledge who do and must make decisions in the light of incomplete information, Rescher argues, we are inevitably at the mercy of luck. It behooves us to learn more about it.
Author: Janice Kaplan
Publisher: Penguin
ISBN: 1101986395
Category : Self-Help
Languages : en
Pages : 354
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Book Description
Creator and host of the podcast The Gratitude Diaries and New York Times bestselling author Janice Kaplan examines the phenomenon of luck--and discovers the exciting ways you can grab opportunities and make luck for yourself every day. After spending a year researching and experiencing gratitude for The Gratitude Diaries, Janice Kaplan is back to tackle another big, mysterious influence in all our lives: luck. And this time she's joined on her journey by coauthor Dr. Barnaby Marsh, a renowned academic who guides her exploration. Together they uncover the unexpected, little-understood science behind what we call "luck," proving that many seemingly random events are actually under your--and everyone's--control. They examine the factors that made stars like Harrison Ford and Jonathan Groff so successful, and learn the real secrets that made Kate Spade and Warby Parker into global brands. Using original research, fascinating studies, and engaging interviews, Kaplan and Marsh reveal the simple techniques to create luck in love and marriage, business and career, and health, happiness, and family relationships. Their breakthrough insights prove that all of us--from CEOs to stay-at-home moms--can tip the scales of fortune in our favor. Through a mix of scientific research, conversations with famous and successful people--from academics like Dan Ariely and Leonard Mlodinow to actor Josh Groban--and powerful narrative, How Luck Happens uncovers a fascinating subject in accessible and entertaining style.
Author: Peter Kash
Publisher:
ISBN: 9780735202245
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
Peter Morgan Mash seems to be one of those people upon whom good fortune shines. Just when he's about to lose a big deal, chance rears its beautiful head to help him on his way; just when he's about to give up on meeting a key potential investor, he ends up stuck in the elevator with him. To what does Mash attribute his good fortune? Simple kindness, integrity and personal values. By stressing these personal attributes, he says that anyone can benefit from the kindness of life. getAbstract.com recommends this book to anyone convinced that the universe is a basically friendly place.
