The First Serious Optimist
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The First Serious Optimist
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Author : Ian Kumekawa
language : en
Publisher: Princeton University Press
Release Date : 2017-06-06
The First Serious Optimist written by Ian Kumekawa and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-06 with Business & Economics categories.
A groundbreaking intellectual biography of one of the twentieth century's most influential economists The First Serious Optimist is an intellectual biography of the British economist A. C. Pigou (1877–1959), a founder of welfare economics and one of the twentieth century's most important and original thinkers. Though long overshadowed by his intellectual rival John Maynard Keynes, Pigou was instrumental in focusing economics on the public welfare. And his reputation is experiencing a renaissance today, in part because his idea of "externalities" or spillover costs is the basis of carbon taxes. Drawing from a wealth of archival sources, Ian Kumekawa tells how Pigou reshaped the way the public thinks about the economic role of government and the way economists think about the public good. Setting Pigou's ideas in their personal, political, social, and ethical context, the book follows him as he evolved from a liberal Edwardian bon vivant to a reserved but reform-minded economics professor. With World War I, Pigou entered government service, but soon became disenchanted with the state he encountered. As his ideas were challenged in the interwar period, he found himself increasingly alienated from his profession. But with the rise of the Labour Party following World War II, the elderly Pigou re-embraced a mind-set that inspired a colleague to describe him as "the first serious optimist." The story not just of Pigou but also of twentieth-century economics, The First Serious Optimist explores the biographical and historical origins of some of the most important economic ideas of the past hundred years. It is a timely reminder of the ethical roots of economics and the discipline's long history as an active intermediary between the state and the market.
The First Serious Optimist
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Author : Ian Kumekawa
language : en
Publisher: Princeton University Press
Release Date : 2017-06-06
The First Serious Optimist written by Ian Kumekawa and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-06-06 with Business & Economics categories.
A groundbreaking intellectual biography of one of the twentieth century's most influential economists The First Serious Optimist is an intellectual biography of the British economist A. C. Pigou (1877–1959), a founder of welfare economics and one of the twentieth century's most important and original thinkers. Though long overshadowed by his intellectual rival John Maynard Keynes, Pigou was instrumental in focusing economics on the public welfare. And his reputation is experiencing a renaissance today, in part because his idea of "externalities" or spillover costs is the basis of carbon taxes. Drawing from a wealth of archival sources, Ian Kumekawa tells how Pigou reshaped the way the public thinks about the economic role of government and the way economists think about the public good. Setting Pigou's ideas in their personal, political, social, and ethical context, the book follows him as he evolved from a liberal Edwardian bon vivant to a reserved but reform-minded economics professor. With World War I, Pigou entered government service, but soon became disenchanted with the state he encountered. As his ideas were challenged in the interwar period, he found himself increasingly alienated from his profession. But with the rise of the Labour Party following World War II, the elderly Pigou re-embraced a mind-set that inspired a colleague to describe him as "the first serious optimist." The story not just of Pigou but also of twentieth-century economics, The First Serious Optimist explores the biographical and historical origins of some of the most important economic ideas of the past hundred years. It is a timely reminder of the ethical roots of economics and the discipline's long history as an active intermediary between the state and the market.
Economics Of Pessimism And Optimism
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Author : Kiyohiko G. Nishimura
language : en
Publisher: Springer
Release Date : 2017-12-03
Economics Of Pessimism And Optimism written by Kiyohiko G. Nishimura and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-03 with Business & Economics categories.
This is the first book to investigate individual’s pessimistic and optimistic prospects for the future and their economic consequences based on sound mathematical foundations. The book focuses on fundamental uncertainty called Knightian uncertainty, where the probability distribution governing uncertainty is unknown, and it provides the reader with methods to formulate how pessimism and optimism act in an economy in a strict and unified way. After presenting decision-theoretic foundations for prudent behaviors under Knightian uncertainty, the book applies these ideas to economic models that include portfolio inertia, indeterminacy of equilibria in the Arrow-Debreu economy and in a stochastic overlapping-generations economy, learning, dynamic asset-pricing models, search, real options, and liquidity preferences. The book then proceeds to characterizations of pessimistic (ε-fearful) and optimistic (ε-hopeful) behaviors under Knightian uncertainty and people’s inherent pessimism (surprise aversion) and optimism (surprise loving). Those characterizations are shown to be useful in understanding several observed behaviors in the global financial crisis and in its aftermath. The book is highly recommended not only to researchers who wish to understand the mechanism of how pessimism and optimism affect economic phenomena, but also to policy makers contemplating effective economic policies whose success delicately hinges upon people’s mindsets in the market. Kiyohiko Nishimura is Professor at the National Graduate Institute for Policy Studies (GRIPS) and Professor Emeritus and Distinguished Project Research Fellow of the Center for Advanced Research in Finance at The University of Tokyo. Hiroyuki Ozaki is Professor of Economics at Keio University.
Believing Cassandra
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Author : Alan AtKisson
language : en
Publisher: Routledge
Release Date : 2011
Believing Cassandra written by Alan AtKisson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.
First Published in 2010. Routledge is an imprint of Taylor & Francis, an informa company.
Always Looking Up
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Author : Michael J. Fox
language : en
Publisher: Random House
Release Date : 2011-05-31
Always Looking Up written by Michael J. Fox and has been published by Random House this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-31 with Biography & Autobiography categories.
'At the turn from our bedroom into the hallway, there is an old full-length mirror in a wooden frame ... This reflected version of myself, shaking, rumpled, pinched and slightly stooped, would be alarming were it not for the self-satisfied expression pasted across my face. I would ask the obvious question, "What are you smiling about?" but I already know the answer: "It just gets better from here."' Struck with Parkinson's - a debilitating, degenerative disease - at the height of his fame, Michael J. Fox has taken what some might consider cause for depression and turned it into a beacon of hope for millions. In Always Looking Up, Michael's Sunday Times bestselling memoir, he writes with warmth, humour and incredible honesty about the journey he has undertaken since he came to terms with his condition.
The Rational Optimist How Prosperity Evolves
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Author : Matt Ridley
language : en
Publisher: HarperCollins UK
Release Date : 2010-05-27
The Rational Optimist How Prosperity Evolves written by Matt Ridley and has been published by HarperCollins UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-05-27 with History categories.
Shortlisted for the BBC Samuel Johnson Prize for Non-fiction 2011. Life is on the up.
The Case For Rational Optimism
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Author : Frank S. Robinson
language : en
Publisher: Transaction Publishers
Release Date : 2011-12-31
The Case For Rational Optimism written by Frank S. Robinson and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-31 with Philosophy categories.
The Case for Rational Optimism tackles a host of challenging subjects in an engaging, accessible, down-to-earth style. It is intellectually serious, ceaselessly intriguing, and devoid of banalities. While other books in this genre tend to be oriented toward self-help, this volume brings evolutionary biology, neuroscience, psychology, sociology, economics, and a keen sense of history to the topic. Robinson begins with three goals: making the case for feeling good about oneself, about humanity in general, and about the global situation. He addresses such seemingly disparate subjects as selfi shness versus altruism, mind and free will, human nature, and issues relating to economics, technology, the environment, and more. Unifying these ideas into a coherent philosophical whole are central concepts: evolution has endowed our species with more good qualities than bad, and why; those qualities, and our use of reason, are the foundations of civilization, and how; and, consistent with our nature, we make a better world by valuing human life therefore enabling others to fl ourish in ways they freely choose. The Case for Rational Optimism argues that the highly challenging conditions confronting early man created a Darwinian selective pressure for cooperation, even altruism, among members of a tribe. Th e author fi nds evidence for this in the way our brains work, and in observable human behavior. He argues against existential despair over the human condition. Even though there probably is no grand celestial design investing life with meaning, he considers this liberating, giving every person the freedom to craft their own meaning. To Robinson, whether sentient beings experience suff ering or joy is the only thing that matters; without emotive highs and lows, the Universe would hardly matter.
Triumph Of The Optimists
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Author : Elroy Dimson
language : en
Publisher: Princeton University Press
Release Date : 2009-04-11
Triumph Of The Optimists written by Elroy Dimson and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-04-11 with Business & Economics categories.
"Brilliant."—Time "By far the most important investment book in years."—Bloomberg Money "A book that belongs on every investor's bookshelf."—MSN.com An essential and authoritative account of a century of investment returns in sixteen countries—the U.S., the U.K., Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, the Netherlands, Sweden, Belgium, Ireland, Denmark, and South Africa Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fifty years the real return on equities would be 9% per year? Yet this is what happened in the U.S. stock market. The optimists triumphed. However, as Don Marquis observed, an optimist is someone who never had much experience. In Triumph of the Optimists, renowned investment authorities Elroy Dimson, Paul Marsh, and Mike Staunton extend our experience across regions and across time. They present a comprehensive and consistent analysis of investment returns for equities, bonds, bills, currencies, and inflation, spanning sixteen countries, from the end of the nineteenth century to the beginning of the twenty-first. This is achieved in a clear and simple way, with over 130 color diagrams that make comparison easy. Crucially, the authors analyze total returns, including reinvested income. They show that some historical indexes overstate long-term performance because they are contaminated by survivorship bias and that long-term stock returns are in most countries seriously overestimated, due to a focus on periods that with hindsight are known to have been successful. The book also provides the first comprehensive evidence on the long-term equity risk premium—the reward for bearing the risk of common stocks. The authors reveal whether the United States and United Kingdom have had unusually high stock market returns compared to other countries. The book covers the U.S., the U.K., Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, the Netherlands, Sweden, Belgium, Ireland, Denmark, and South Africa. Triumph of the Optimists is required reading for investment professionals, financial economists, and investors. It will be the definitive reference in the field and consulted for years to come.
Start With Why
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Author : Simon Sinek
language : en
Publisher: Penguin
Release Date : 2009-10-29
Start With Why written by Simon Sinek and has been published by Penguin this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-29 with Business & Economics categories.
The inspiring, life-changing bestseller by the author of LEADERS EAT LAST and TOGETHER IS BETTER In 2009, Simon Sinek started a movement to help people become more inspired at work, and in turn inspire their colleagues and customers. Since then, millions have been touched by the power of his ideas, including more than 28 million who have watched his TED Talk based on Start With Why -- the third most popular TED video of all time. Sinek opens by asking some fundamental questions: Why are some people and organizations more innovative, more influential, and more profitable than others? Why do some command greater loyalty from customers and employees alike? Even among the successful, why are so few able to repeat their success over and over? Start With Why shows that the leaders who've had the greatest influence in the world--think Martin Luther King Jr., Steve Jobs, and the Wright Brothers--all think, act, and communicate the same way -- and it's the opposite of what everyone else does. Sinek calls this powerful idea 'The Golden Circle,' and it provides a framework upon which organizations can be built, movements can be led, and people can be inspired. And it all starts with WHY.