The Big Problem of Small Change

The Big Problem of Small Change PDF Author: Thomas J. Sargent
Publisher: Princeton University Press
ISBN: 1400851629
Category : Business & Economics
Languages : en
Pages : 429

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Book Description
The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and François Velde, examine the evolution of Western European economies through the lens of one of the classic problems of monetary history--the recurring scarcity and depreciation of small change. Through penetrating and clearly worded analysis, they tell the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the "standard formula" was devised to address an age-old dilemma without causing inflation. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.

The Big Problem of Small Change

The Big Problem of Small Change PDF Author: Thomas J. Sargent
Publisher: Princeton University Press
ISBN: 1400851629
Category : Business & Economics
Languages : en
Pages : 429

Get Book Here

Book Description
The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and François Velde, examine the evolution of Western European economies through the lens of one of the classic problems of monetary history--the recurring scarcity and depreciation of small change. Through penetrating and clearly worded analysis, they tell the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the "standard formula" was devised to address an age-old dilemma without causing inflation. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.

Small Change

Small Change PDF Author: Larry Terkel
Publisher: Penguin
ISBN: 1440649766
Category : Self-Help
Languages : en
Pages : 292

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Book Description
It's the little things in life that make a big difference! Replace a soft drink with water at just one meal-say, lunch. Over the course of a year, you will drink approximately forty gallons more water, avoid consuming up to 50,000 calories, and save as much as $500. Indeed, just as the stray coins you toss into a jar each evening gradually build into an amount you can use to actually purchase something sub-stantial, small changes-of any kind-can really add up! In Small Change, husband-and-wife writing team Susan and Larry Terkel offer readers a gentle yet powerful program for making significant changes in their lives based on three simple principles: - Small changes are easier than big makeovers. (Each week add just one private dinner with your mate to your schedule and see your relationship improve by leaps and bounds.) - Small changes add up to big benefits over time. (Smile just a little each day and, over time, watch your stress levels decrease, your immune system grow stronger, and your relationships prosper.) - Small changes are more consistent with human nature and evolution. (After all, in the end, the tortoise did beat the hare.) With an emphasis on daily habits, and some simple recipes for improving them, this wise little book outlines a fresh perspective on the timeless quest for sustainable self-improvement and a (relatively painless!) pathway to a better you.

Beyond Measure

Beyond Measure PDF Author: Margaret Heffernan
Publisher: Simon and Schuster
ISBN: 1476784906
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
Foundational introduction to the concept that organizations create major impacts by making small changes.

The small BIG

The small BIG PDF Author: Steve J. Martin
Publisher: Hachette+ORM
ISBN: 1455584231
Category : Self-Help
Languages : en
Pages : 281

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Book Description
At some point today you will have to influence or persuade someone - your boss, a co-worker, a customer, client, spouse, your kids, or even your friends. What is the smallest change you can make to your request, proposal or situation that will lead to the biggest difference in the outcome? In The small BIG, three heavyweights from the world of persuasion science and practice -- Steve Martin, Noah Goldstein and Robert Cialdini -- describe how, in today's information overloaded and stimulation saturated world, increasingly it is the small changes that you make that lead to the biggest differences. In the last few years more and more research - from fields such as neuroscience, cognitive psychology, social psychology, and behavioral economics - has helped to uncover an even greater understanding of how influence, persuasion and behavior change happens. Increasingly we are learning that it is not information per se that leads people to make decisions, but the context in which that information is presented. Drawing from extensive research in the new science of persuasion, the authors present lots of small changes (over 50 in fact) that can bring about momentous shifts in results. It turns out that anyone can significantly increase his or her ability to influence and persuade others, not by informing or educating people into change but instead by simply making small shifts in approach that link to deeply felt human motivations.

A Small Book about a Big Problem

A Small Book about a Big Problem PDF Author: Edward T. Welch
Publisher: New Growth Press
ISBN: 1945270144
Category : Religion
Languages : en
Pages : 90

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Book Description
A Small Book about a Big Problem by biblical counselor and psychologist Edward T. Welch guides readers to look carefully at how their anger affects them and others through short, daily meditations. In a fifty-day reading plan journey, Welch unpacks anger while encouraging and teaching readers to respond with patience to life's difficulties. This biblically wise resource is a useful tool for pastors, counselors, and lay helpers who are working with people who struggle with a short fuse. In A Small Book about a Big Problem, Welch invites readers to consider how everyone can find anger in their actions and attitudes, but Jesus, the Prince of Peace, is the only one who can empower his people to grow in patience, peace, and wholeness. How many times today have you been irritated? Frustrated? Anger is so common—yet it also hurts. It not only leaves a mark on us, but it also leaves a mark on others. The wounds we inflict on ourselves and others because of anger—loss of intimacy, trust, security, and enjoyment in our closest relationships—give us compelling reasons to look closely at our anger and lift our eyes to Christ.

Small Move, Big Change

Small Move, Big Change PDF Author: Caroline L. Arnold
Publisher: Penguin
ISBN: 1101620250
Category : Self-Help
Languages : en
Pages : 262

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Book Description
"The most useful guide to getting things done since Getting Things Done." --Adam Grant, author of Give and Take Learn how small behavioral changes can lead to major personal and professional self-improvement Whether trying to lose weight, save money, get organized, or advance on the job, we’re always setting goals and making resolutions, but rarely following through on them. According to longtime Wall Street technology strategist Caroline Arnold, the “big push” strategy of the New Year’s resolution is designed to fail, because it broadly pits our limited willpower stores against an autopilot of entrenched behaviors and attitudes that is far more powerful. To change ourselves permanently, we need to focus our self-control on precise behavioral targets and overwhelm them. Small Move, Big Change is Arnold’s guide to turning broad personal goals into meaningful and discrete behavioral changes that lead to permanent improvement. Providing scores of engaging real-world examples and new scientific findings, she shows us that while the traditional resolution promises rewards on a distant “someday,” microresolutions work because they reward us today by instantly altering our routines and, ultimately, ourselves.

Small Change

Small Change PDF Author: J. Belinda Yandell
Publisher: Cumberland House Publishing
ISBN: 9781581824148
Category : Fiction
Languages : en
Pages : 168

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Book Description
In 1965, Penny Burford takes a nickel from her husband's dresser and changes her life.

Small Change, Big Results

Small Change, Big Results PDF Author: Pat LaDouceur
Publisher:
ISBN: 9780990619505
Category :
Languages : en
Pages : 198

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Book Description
In Small Change, Big Results, Dr. Pat LaDouceur provides science-based strategies combined with practical wisdom to help you focus on simple actions that lead to transformative results. She shares an amazingly effective process for identifying, organizing, and creating change. Each chapter features research and simple, down-to-earth strategies to help you:boost creativity, productivity, and focus--even under pressure; stop burnout, worry less, and feel happier; create greater harmony and balance at work and at home; and build rich, rewarding relationships with colleagues, family, and friends

The Power of 10%

The Power of 10% PDF Author: Eric Lee Harvey
Publisher:
ISBN: 9781885228710
Category : Psychology
Languages : en
Pages : 124

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Book Description
The choices we make, the words we say, and the actions we take not only impact our lives, but also the lives of those around us. When you aim to improve yourself, remember that your changes will inevitably inspire others to improve. Whether on an individual, organizational, or societal scale, it is clear that no man is an island. We hope that after reading this book, you will see the potential in any given moment, realize how small things really do matter, and have the confidence to unleash THE POWER OF 10%.

The 10[ Decision

The 10[ Decision PDF Author: Laurie Guest
Publisher:
ISBN: 9781941478813
Category :
Languages : en
Pages : 192

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Book Description
Many organizations think proper treatment of clients is common sense. WRONG. The basics must be taught and reinforced to create the ultimate customer experience. "The 10[ Decision: How Small Change Pays Off Big" shares 11 guiding principles of service, as well as techniques to attract and keep new customers in a way that doesn't cost a fortune.