Summary of Russ Roberts's Wild Problems

Summary of Russ Roberts's Wild Problems PDF Author: Everest Media,
Publisher: Everest Media LLC
ISBN:
Category : Self-Help
Languages : en
Pages : 25

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Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The decision to have a child is not a matter of economics, data, or rationality. The decision to have a child is a wild problem. The decision to have a child is what I call a tame problem, one that can be solved by importing help from other challenges we’ve faced and solving them. But the big decisions in life—whether to marry, who to marry, whether to have children, what career path to take—cannot be made with data or rational thought. These decisions must be made through a different lens. #2 To make important decisions, you must not think like a rational person. Instead, you must think like a child, an animal, or a tree. #3 The decision to have a child is not a matter of economics, data, or rationality. It is a wild problem that can be solved by importing help from other challenges we’ve faced and solving them. But the big decisions in life—whether to marry, who to marry, what career path to take—cannot be made with data or rational thought. They must be made through a different lens.

Summary of Russ Roberts's Wild Problems

Summary of Russ Roberts's Wild Problems PDF Author: Everest Media,
Publisher: Everest Media LLC
ISBN:
Category : Self-Help
Languages : en
Pages : 25

Get Book Here

Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The decision to have a child is not a matter of economics, data, or rationality. The decision to have a child is a wild problem. The decision to have a child is what I call a tame problem, one that can be solved by importing help from other challenges we’ve faced and solving them. But the big decisions in life—whether to marry, who to marry, whether to have children, what career path to take—cannot be made with data or rational thought. These decisions must be made through a different lens. #2 To make important decisions, you must not think like a rational person. Instead, you must think like a child, an animal, or a tree. #3 The decision to have a child is not a matter of economics, data, or rationality. It is a wild problem that can be solved by importing help from other challenges we’ve faced and solving them. But the big decisions in life—whether to marry, who to marry, what career path to take—cannot be made with data or rational thought. They must be made through a different lens.

Wild Problems

Wild Problems PDF Author: Russ Roberts
Publisher: Penguin
ISBN: 0593418255
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
From the host of EconTalk, a guide to decision-making when you can't crunch the numbers Algorithms and apps analyze data and tell you how to beat the traffic, what books to buy, what music to listen to, and even who to date—often with great results. But what do you do when you face the big decisions of life—the "wild problems" of who to marry, whether to have children, where to move, how to forge a life well-lived—that can’t be solved by measurement or calculation? In Wild Problems, beloved host of EconTalk Russ Roberts offers puzzled rationalists a way to address these wild problems. He suggests spending less time and energy on the path that promises the most happiness, and more time on figuring out who you actually want to be. He draws on the experience of great artists, writers, and scientists of the past who found creative ways to navigate life’s biggest questions. And he lays out strategies for reducing the fear and the loss of control that inevitably come when a wild problem requires a leap in the dark. Ultimately, Roberts asks us to see ourselves and our lives less as a problem to be solved than a mystery to be experienced. There's no right decision waiting to be uncovered by an app or rational analysis. Reality is harder than that and, perhaps, a little more interesting.

How Adam Smith Can Change Your Life

How Adam Smith Can Change Your Life PDF Author: Russ Roberts
Publisher: Portfolio
ISBN: 1591847958
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
"How the insights of an 18th century economist can help us live better in the 21st century. Adam Smith became famous for The Wealth of Nations, but the Scottish economist also cared deeply about our moral choices and behavior--the subjects of his other brilliant book, The Theory of Moral Sentiments (1759). Now, economist Russ Roberts shows why Smith's neglected work might be the greatest self-help book you've never read. Roberts explores Smith's unique and fascinating approach to fundamental questions such as: - What is the deepest source of human satisfaction? - Why do we sometimes swing between selfishness and altruism? - What's the connection between morality and happiness? Drawing on current events, literature, history, and pop culture, Roberts offers an accessible and thought-provoking view of human behavior through the lenses of behavioral economics and philosophy"--

Gambling with Other People's Money

Gambling with Other People's Money PDF 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.

The Invisible Heart

The Invisible Heart PDF Author: Russell Roberts
Publisher: MIT Press
ISBN: 026225039X
Category : Business & Economics
Languages : en
Pages : 201

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Book Description
A lively, unorthodox look at economics, business, and public policy told in the form of a novel. A love story that embraces the business and economic issues of the day? The Invisible Heart takes a provocative look at business, economics, and regulation through the eyes of Sam Gordon and Laura Silver, teachers at the exclusive Edwards School in Washington, D.C. Sam lives and breathes capitalism. He thinks that most government regulation is unnecessary or even harmful. He believes that success in business is a virtue. He believes that our humanity flourishes under economic freedom. Laura prefers Wordsworth to the Wall Street Journal. Where Sam sees victors, she sees victims. She wants the government to protect consumers and workers from the excesses of Sam's beloved marketplace. While Sam and Laura argue about how to make the world a better place, a parallel story unfolds across town. Erica Baldwin, the crusading head of a government watchdog agency, tries to bring Charles Krauss, a ruthless CEO, to justice. How are these two dramas connected? Why is Sam under threat of dismissal? Will Erica Baldwin find the evidence she needs? Can Laura love a man with an Adam Smith poster on his wall? The answers in The Invisible Heart give the reader a richer appreciation for how business and the marketplace transform our lives.

The Price of Everything

The Price of Everything PDF Author: Russell Roberts
Publisher: Princeton University Press
ISBN: 0691143358
Category : Business & Economics
Languages : en
Pages : 220

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Book Description
Stanford University student Ramon Fernandez is outraged when a nearby megastore hikes its prices the night after an earthquake. But he crosses paths with provost and economics professor Ruth Lieber when he plans a campus protest against the price-gouging retailer - which also happens to be a major university donor.

The Revolt of The Public and the Crisis of Authority in the New Millennium

The Revolt of The Public and the Crisis of Authority in the New Millennium PDF Author: Martin Gurri
Publisher: Stripe Press
ISBN: 1953953344
Category : Political Science
Languages : en
Pages : 465

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Book Description
How insurgencies—enabled by digital devices and a vast information sphere—have mobilized millions of ordinary people around the world. In the words of economist and scholar Arnold Kling, Martin Gurri saw it coming. Technology has categorically reversed the information balance of power between the public and the elites who manage the great hierarchical institutions of the industrial age: government, political parties, the media. The Revolt of the Public tells the story of how insurgencies, enabled by digital devices and a vast information sphere, have mobilized millions of ordinary people around the world. Originally published in 2014, The Revolt of the Public is now available in an updated edition, which includes an extensive analysis of Donald Trump’s improbable rise to the presidency and the electoral triumphs of Brexit. The book concludes with a speculative look forward, pondering whether the current elite class can bring about a reformation of the democratic process and whether new organizing principles, adapted to a digital world, can arise out of the present political turbulence.

The Control Heuristic

The Control Heuristic PDF Author: Luca Dellanna
Publisher: Luca Dell'anna
ISBN:
Category : Psychology
Languages : en
Pages : 306

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Book Description
“A SUPERB book [...] by one of the profound thinkers in our field [behavioral economics].” – Michal G. Bartlett on the second edition “Luca’s book was so helpful to my work. Opened my eyes up to some more reasons why change is so hard.” – Chris Murman on the first edition “So insightful with common sense applications of complexity and the ability to communicate clearly!!” – Bob Klapetzky Seen on Nudgestock. Reviews of Luca Dellanna's previous books "Absolutely brilliant." – Alberto Pisanello "A very thoughtful piece of writing, deep and wiring!" – David Krejca "A thoughtfully written book in very straightforward language." – A.L. Peevey "Very good book. Read it in in two evenings. Great insights straight to the point (not the usual self-help babble). Highly recommended." "One of the best works I have read in that matter (I have read a few) and it's surprising how realistically he depicts the condition." – Manel Vilar (on Luca's book on autism) "A profound, useful and insightful book" – Lorenzo Dragani THE BOOK At a first look, human behavior seems an inexplicable mess. Why do we behave irrationally? Why is change so hard? What is happiness and why does it seem to escape us? The Control Heuristic offers a new perspective to answer these questions and provides a guiding light to understand the subconscious processes that guide our behavior. Luca Dellanna, author of 5 books, writes here a revealing journey into the true motivations for human behavior. Understanding how the human mind really works is the first step to personal change. Suddenly, the frustrating becomes clear and the complex becomes simple.

Suicide of the West

Suicide of the West PDF Author: Jonah Goldberg
Publisher: Forum Books
ISBN: 110190495X
Category : Political Science
Languages : en
Pages : 482

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Book Description
NEW YORK TIMES BESTSELLER • An urgent argument that America and other democracies are in peril because they have lost the will to defend the values and institutions that sustain freedom and prosperity. Now updated with a new preface! “Epic and debate-shifting.”—David Brooks, New York Times Only once in the last 250,000 years have humans stumbled upon a way to lift ourselves out of the endless cycle of poverty, hunger, and war that defines most of history. If democracy, individualism, and the free market were humankind’s destiny, they should have appeared and taken hold a bit earlier in the evolutionary record. The emergence of freedom and prosperity was nothing short of a miracle. As Americans we are doubly blessed, because the radical ideas that made the miracle possible were written not just into the Constitution but in our hearts, laying the groundwork for our uniquely prosperous society. Those ideas are: • Our rights come from God, not from the government. • The government belongs to us; we do not belong to it. • The individual is sovereign. We are all captains of our own souls, not bound by the circumstances of our birth. • The fruits of our labors belong to us. In the last few decades, these political virtues have been turned into vices. As we are increasingly taught to view our traditions as a system of oppression, exploitation, and privilege, the principles of liberty and the rule of law are under attack from left and right. For the West to survive, we must renew our sense of gratitude for what our civilization has given us and rediscover the ideals and habits of the heart that led us out of the bloody muck of the past—or back to the muck we will go.

An Economist Walks into a Brothel

An Economist Walks into a Brothel PDF Author: Allison Schrager
Publisher: Penguin
ISBN: 0525533966
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
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.