An Economist Walks Into A Brothel

Author : Allison Schrager
Publisher : Penguin
Page : 242 pages
File Size : 55,9 Mb
Release : 2019-04-02
Category : Business & Economics
ISBN : 9780525533962

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An Economist Walks into a Brothel by Allison Schrager Pdf

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.

Author : Deirdre Nansen McCloskey
Publisher : University of Chicago Press
Page : 158 pages
File Size : 48,9 Mb
Release : 2023-06-05
Category : Business & Economics
ISBN : 9780226826516

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Bettering Humanomics by Deirdre Nansen McCloskey Pdf

Deirdre Nansen McCloskey's latest meticulous work examines how economics can become a more "human" science. Economic historian Deirdre Nansen McCloskey has distinguished herself through her writing on the Great Enrichment and the betterment of the poor—not just materially but spiritually. In Bettering Humanomics she continues her intellectually playful yet rigorous analysis with a focus on humans rather than the institutions. Going against the grain of contemporary neo-institutional and behavioral economics which privilege observation over understanding, she asserts her vision of “humanomics,” which draws on the work of Bart Wilson, Vernon Smith, and most prominently, Adam Smith. She argues for an economics that uses a comprehensive understanding of human action beyond behaviorism. McCloskey clearly articulates her points of contention with believers in “imperfections,” from Samuelson to Stiglitz, claiming that they have neglected scientific analysis in their haste to diagnose the ills of the system. In an engaging and erudite manner, she reaffirms the global successes of market-tested betterment and calls for empirical investigation that advances from material incentives to an awareness of the human within historical and ethical frameworks. Bettering Humanomics offers a critique of contemporary economics and a proposal for an economics as a better human science.

Author : Niall Kishtainy
Publisher : Yale University Press
Page : 257 pages
File Size : 47,9 Mb
Release : 2017-03-07
Category : Business & Economics
ISBN : 9780300226317

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A Little History of Economics by Niall Kishtainy Pdf

A lively, inviting account of the history of economics, told through events from ancient to modern times and the ideas of great thinkers in the field What causes poverty? Are economic crises inevitable under capitalism? Is government intervention in an economy a helpful approach or a disastrous idea? The answers to such basic economic questions matter to everyone, yet the unfamiliar jargon and math of economics can seem daunting. This clear, accessible, and even humorous book is ideal for young readers new to economics and for all readers who seek a better understanding of the full sweep of economic history and ideas. Economic historian Niall Kishtainy organizes short, chronological chapters that center on big ideas and events. He recounts the contributions of key thinkers including Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and others, while examining topics ranging from the invention of money and the rise of agrarianism to the Great Depression, entrepreneurship, environmental destruction, inequality, and behavioral economics. The result is a uniquely enjoyable volume that succeeds in illuminating the economic ideas and forces that shape our world.

Author : Nicholas Wapshott
Publisher : W. W. Norton & Company
Page : 317 pages
File Size : 54,5 Mb
Release : 2021-08-03
Category : Business & Economics
ISBN : 9780393285192

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Samuelson Friedman: The Battle Over the Free Market by Nicholas Wapshott Pdf

A Financial Times Best Economics Book of 2021 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes’s General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don’t care who writes a nation’s laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott’s nimble hands, Samuelson and Friedman’s decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today.

Author : Greg Ip
Publisher : Little, Brown
Page : 352 pages
File Size : 54,9 Mb
Release : 2015-10-13
Category : Business & Economics
ISBN : 9780316285964

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Foolproof by Greg Ip Pdf

How the very things we create to protect ourselves, like money market funds or anti-lock brakes, end up being the biggest threats to our safety and wellbeing. We have learned a staggering amount about human nature and disaster -- yet we keep having car crashes, floods, and financial crises. Partly this is because the success we have at making life safer enables us to take bigger risks. As our cities, transport systems, and financial markets become more interconnected and complex, so does the potential for catastrophe. How do we stay safe? Should we? What if our attempts are exposing us even more to the very risks we are avoiding? Would acceptance of danger make us more secure? Is there such a thing as foolproof? In FOOLPROOF, Greg Ip presents a macro theory of human nature and disaster that explains how we can keep ourselves safe in our increasingly dangerous world.

Author : Jacob Goldstein
Publisher : Hachette Books
Page : 220 pages
File Size : 47,6 Mb
Release : 2020-09-08
Category : Business & Economics
ISBN : 9780316417181

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Money by Jacob Goldstein Pdf

The co-host of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs. Money only works because we all agree to believe in it. In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century. At the heart of the story are the fringe thinkers and world leaders who reimagined money. Kublai Khan, the Mongol emperor, created paper money backed by nothing, centuries before it appeared in the west. John Law, a professional gambler and convicted murderer, brought modern money to France (and destroyed the country's economy). The cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin. One thing they all realized: what counts as money (and what doesn't) is the result of choices we make, and those choices have a profound effect on who gets more stuff and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad. Lively, accessible, and full of interesting details (like the 43-pound copper coins that 17th-century Swedes carried strapped to their backs), Money is the story of the choices that gave us money as we know it today.

Author : Phil Hellmuth
Publisher : D&B Publishing
Page : 392 pages
File Size : 52,5 Mb
Release : 2017-08-01
Category : Games & Activities
ISBN : 9781909457768

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Poker Brat by Phil Hellmuth Pdf

Author : Allison Schrager
Publisher : Penguin
Page : 240 pages
File Size : 40,7 Mb
Release : 2019-04-02
Category : Business & Economics
ISBN : 9780525533979

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An Economist Walks into a Brothel by Allison Schrager Pdf

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.

Author : Waqas Ahmed
Publisher : John Wiley & Sons
Page : 263 pages
File Size : 42,6 Mb
Release : 2019-01-04
Category : Business & Economics
ISBN : 9781119508519

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The Polymath by Waqas Ahmed Pdf

Every human is born with multifarious potential. Why, then, do parents, schools and employers insist that we restrict our many talents and interests; that we 'specialise' in just one? We've been sold a myth, that to 'specialise' is the only way to pursue truth, identity, or even a livelihood. Yet specialisation is nothing but an outdated system that fosters ignorance, exploitation and disillusionment and thwarts creativity, opportunity and progress. Following a series of exchanges with the world’s greatest historians, futurists, philosophers and scientists, Waqas Ahmed has weaved together a narrative of history and a vision for the future that seeks to disrupt this prevailing system of unwarranted ‘hyper-specialisation.’ In The Polymath, Waqas shows us that there is another way of thinking and being. Through an approach that is both philosophical and practical, he sets out a cognitive journey towards reclaiming your innate polymathic state. Going further, he proposes nothing less than a cultural revolution in our education and professional structures, whereby everyone is encouraged to express themselves in multiple ways and fulfil their many-sided potential. Not only does this enhance individual fulfilment, but in doing so, facilitates a conscious and creative society that is both highly motivated and well equipped to address the complexity of 21st century challenges.

Author : Martin Bulmer,Kevin Bales,Kathryn Kish Sklar
Publisher : Cambridge University Press
Page : 414 pages
File Size : 48,6 Mb
Release : 1991
Category : Social Science
ISBN : 9780521363341

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The Social Survey in Historical Perspective, 1880-1940 by Martin Bulmer,Kevin Bales,Kathryn Kish Sklar Pdf

This 2001 book traces the history of the social Survey in Britain and the US, with two chapters on Germany and France. It discusses the aims and interests of those who carried out early surveys, and the links between the social survey and the growth of empirical social science.

Author : Jilly Cooper
Publisher : Random House
Page : 142 pages
File Size : 40,6 Mb
Release : 2020-10-29
Category : Family & Relationships
ISBN : 9781473576964

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Between the Covers by Jilly Cooper Pdf

'No one else can make me laugh and cry quite like Jilly Cooper.' Gill Sims 'Jilly Cooper's non-fiction is just as entertaining as her novels.' Pandora Sykes ____________________ 'One truth I have learnt, as middle age enmeshes me like Virginia creeper, is that I shall never change-because my capacity for self-improvement is absolutely nil.' Jilly Cooper's observations from her days as a much-loved newspaper columnist cover everything to do with sex, socialising and survival - from marriage, friendship and the minutiae of family life, to the tedium of going to visit people for the weekend, the stress of hosting dinner parties and the descent of middle age. Entertaining and full of heart, this classic collection of journalism from the legendary author explores the highs and lows of everyday life with wit, wisdom and warmth. Praise for Jilly Cooper: 'Joyful and mischievous' Jojo Moyes 'Fun, sexy and unputdownable' Marian Keyes 'Flawlessly entertaining' Helen Fielding

Author : Brenna Yovanoff
Publisher : Delacorte Press
Page : 386 pages
File Size : 46,8 Mb
Release : 2016-05-17
Category : Young Adult Fiction
ISBN : 9780553522631

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Places No One Knows by Brenna Yovanoff Pdf

Fans of Lady Bird will love this novel about a good girl who dreams herself into a bad boy's room in this lyrically romantic novel that Maggie Stiefvater, author of The Raven King, says she read and "woke up satisfied." Waverly Camdenmar spends her nights running until she can’t even think. Then the sun comes up, life goes on, and Waverly goes back to her perfectly hateful best friend, her perfectly dull classes, and the tiny, nagging suspicion that there’s more to life than student council and GPAs. Marshall Holt is a loser. He drinks on school nights and gets stoned in the park. He is at risk of not graduating, he does not care, he is no one. He is not even close to being in Waverly’s world. But then one night Waverly falls asleep and dreams herself into Marshall’s bedroom—and when the sun comes up, nothing in her life can ever be the same. In Waverly’s dreams, the rules have changed. But in her days, she’ll have to decide if it’s worth losing everything for a boy who barely exists. "Waverly and Marshall burn brightly . . . both refreshingly flawed as they come into their own. Readers will forgo sleep themselves to witness their vibrant, achingly real story unfold. A brilliant romance." —Kirkus Reviews, Starred "A tightly woven, luminously written novel that captures the uncertain nature of high school and the difficult path of self-discovery." —Booklist, Starred "Yovanoff offers a multilayered exploration of human connections, particularly those that manifest in unpredictable ways."—Publishers Weekly, Starred

Author : Jamil Baz,Helen Guo,Erol Hakanoglu
Publisher : McGraw Hill Professional
Page : 426 pages
File Size : 43,8 Mb
Release : 2022-09-06
Category : Business & Economics
ISBN : 9781264270163

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Portfolio Selection and Asset Pricing: Models of Financial Economics and Their Applications in Investing by Jamil Baz,Helen Guo,Erol Hakanoglu Pdf

This uniquely comprehensive guide provides expert insights into everything from financial mathematics to the practical realities of asset allocation and pricing Investors like you typically have a choice to make when seeking guidance for portfolio selection―either a book of practical, hands-on approaches to your craft or an academic tome of theories and mathematical formulas. From three top experts, Portfolio Selection and Asset Pricing strikes the right balance with an extensive discussion of mathematical foundations of portfolio choice and asset pricing models, and the practice of asset allocation. This thorough guide is conveniently organized into four sections: Mathematical Foundations―normed vector spaces, optimization in discrete and continuous time, utility theory, and uncertainty Portfolio Models―single-period and continuous-time portfolio choice, analogies, asset allocation for a sovereign as an example, and liability-driven allocation Asset Pricing―capital asset pricing models, factor models, option pricing, and expected returns Robust Asset Allocation―robust estimation of optimization inputs, such as the Black-Litterman Model and shrinkage, and robust optimizers Whether you are a sophisticated investor or advanced graduate student, this high-level title combines rigorous mathematical theory with an emphasis on practical implementation techniques.

Author : Jan MacKell Collins
Publisher : UNM Press
Page : 332 pages
File Size : 52,8 Mb
Release : 2004
Category : History
ISBN : 0826333435

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Brothels, Bordellos & Bad Girls by Jan MacKell Collins Pdf

This look at prostitution in Colorado, 1860-1930, uncovers the lives and woes of "working girls" in mining towns such as Cripple Creek.

Author : Daniel J. Levitin
Publisher : Penguin
Page : 205 pages
File Size : 44,9 Mb
Release : 2017-03-07
Category : Social Science
ISBN : 9780735234512

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Weaponized Lies by Daniel J. Levitin Pdf

Winner of the National Business Book Award Winner of the Mavis Gallant Prize for Non-Fiction Previously Published as A Field Guide to Lies We’re surrounded by fringe theories, fake news, and pseudo-facts. These lies are getting repeated. New York Times bestselling author Daniel Levitin shows how to disarm these socially devastating inventions and get our minds back on track. Here are the fundamental lessons in critical thinking that we need to know and share now. Investigating numerical misinformation, Daniel Levitin shows how mishandled statistics and graphs can give a grossly distorted perspective and lead us to terrible decisions. Wordy arguments on the other hand can easily be persuasive as they drift away from the facts in an appealing yet misguided way. The steps we can take to better evaluate news, advertisements, and reports are clearly detailed. Ultimately, Levitin turns to what underlies our ability to determine if something is true or false: the scientific method. He grapples with the limits of what we can and cannot know. Case studies are offered to demonstrate the applications of logical thinking to quite varied settings, spanning courtroom testimony, medical decision making, magic, modern physics, and conspiracy theories. This urgently needed book enables us to avoid the extremes of passive gullibility and cynical rejection. As Levitin attests: Truth matters. A post-truth era is an era of willful irrationality, reversing all the great advances humankind has made. Euphemisms like "fringe theories," "extreme views," "alt truth," and even "fake news" can literally be dangerous. Let's call lies what they are and catch those making them in the act.