How We Misunderstand Economics And Why It Matters

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How We Misunderstand Economics and Why it Matters

David Leiser,Yhonatan Shemesh
How We Misunderstand Economics and Why it Matters Book PDF

Author : David Leiser,Yhonatan Shemesh
Publisher : Routledge
Page : 166 pages
File Size : 54,8 Mb
Release : 2018-05-21
Category : Psychology
ISBN : 9781317381884

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How We Misunderstand Economics and Why it Matters by David Leiser,Yhonatan Shemesh Pdf

This is the first book to explain why people misunderstand economics. From the cognitive shortcuts we use to make sense of complex information, to the metaphors we rely on and their effect on our thinking, this important book lays bare not only the psychological traits that distort our ability to understand such a vital topic, but also what this means for policy makers and civil society more widely. Accessibly written, the book explores the mismatch between the complexities of economics and the constraints of human cognition that lie at the root of our misconceptions. The authors document and explain the gamut of cognitive strategies laypeople employ as they grapple with such complex topics as inflation, unemployment, economic crises, finance, and money in the modern economy. The book examines sources of misconceptions ranging from the intentionality fallacy, whereby economic phenomena are assumed to have been caused deliberately rather than to have come about by an interplay of many agents and causal factors, to the role of ideology in framing economic thinking. Exposing the underlying biases and assumptions that undermine financial and economic literacy, and concluding with recommendations for how policies and ideas should be framed to enable a clearer understanding, this will be essential reading not only for students and researchers across psychology and economics, but also anyone interested in progressive public policy. Visit the associated website for the book here: http://www.misunderstandeconomics.com/

Making Economics Public

Vicki Macknight,Fabien Medvecky
Making Economics Public Book PDF

Author : Vicki Macknight,Fabien Medvecky
Publisher : Taylor & Francis
Page : 142 pages
File Size : 48,8 Mb
Release : 2023-05-22
Category : Business & Economics
ISBN : 9781000874365

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Making Economics Public by Vicki Macknight,Fabien Medvecky Pdf

Economics – macro, micro and mysterious – is integral to everyday life. But despite its importance for personal and collective decision making, it is a discipline often viewed as technical, arcane and inaccessible and thus overlooked in public discourse. This book is a call to arms to bring the discipline of economics more into the public domain. It calls on economists to think about how to make their knowledge of the economics public. And it calls on those who specialise in communicating expert knowledge to help us learn to communicate about economics. The book brings together scholars and practitioners working at the early stages of an emerging field: the public communication of, and public engagement with, economics. Through a series of short essays from academics and practitioners, the book has two key goals: first and foremost, it will make a case for why we need to make economics public and for the importance of having a clear vision of what it means to make economics public. Secondly, it suggests some ways that this can be done featuring contributions from practitioners, including economists, who are engaging audiences in newspapers, museums and beyond. This book is essential reading for those in economics with an interest in making economics public and those already in the many fields dedicated to communicating expert knowledge in public spaces who have an interest in where economics can fit. More information about the book can be found here: https://www.makingeconomicspublic.org/

Financial Education and Risk Literacy

Riccardo Viale,Umberto Filotto,Barbara Alemanni,Shabnam Mousavi
Financial Education and Risk Literacy Book PDF

Author : Riccardo Viale,Umberto Filotto,Barbara Alemanni,Shabnam Mousavi
Publisher : Edward Elgar Publishing
Page : 328 pages
File Size : 54,7 Mb
Release : 2021-01-29
Category : Business & Economics
ISBN : 9781789908855

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Financial Education and Risk Literacy by Riccardo Viale,Umberto Filotto,Barbara Alemanni,Shabnam Mousavi Pdf

This innovative book explores how the design of financial education programmes could benefit from the findings of behavioural economics and finance and cognitive sciences. It covers the social, cultural and technological determinants of financial education, the role of the banking system in promoting financial literacy, and how governments and regulatory authorities are dealing with financial education and risk literacy programmes in schools.

A Research Agenda for Economic Psychology

Katharina Gangl,Erich Kirchler
A Research Agenda for Economic Psychology Book PDF

Author : Katharina Gangl,Erich Kirchler
Publisher : Edward Elgar Publishing
Page : 232 pages
File Size : 42,6 Mb
Release : 2019
Category : BUSINESS & ECONOMICS
ISBN : 9781788116060

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A Research Agenda for Economic Psychology by Katharina Gangl,Erich Kirchler Pdf

This book presents state of the art reviews on classical and novel research fields in economic psychology. Internationally acknowledged experts and the next generation of younger researchers summarize the knowledge in their fields and outline promising avenues of future research. Chapters include fundamental as well as applied research topics such as the psychology of money, experience-based product design and the enhancement of financial capabilities. The book is targeted particularly towards researchers and advanced students looking to update their knowledge and refresh their thinking on future research developments.

Birth of Modern Facts

James W. Cortada
Birth of Modern Facts Book PDF

Author : James W. Cortada
Publisher : Rowman & Littlefield
Page : 462 pages
File Size : 41,6 Mb
Release : 2023-01-09
Category : History
ISBN : 9781538173916

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Birth of Modern Facts by James W. Cortada Pdf

For over twenty years, James W. Cortada has pioneered research into how information shapes society. In this book he tells the story of how information evolved since the mid-nineteenth century. Cortada argues that information increased in quantity, became more specialized by discipline (e.g., mathematics, science, political science), and more organized. Information increased in volume due to a series of innovations, such as the electrification of communications and the development of computers, but also due to the organization of facts and knowledge by discipline, making it easier to manage and access. He looks at what major disciplines have done to shape the nature of modern information, devoting chapters to the most obvious ones. Cortada argues that understanding how some features of information evolved is useful for those who work in subjects that deal with their very construct and application, such as computer scientists and those exploring social media and, most recently, history. The Birth of Modern Facts builds on Cortada’s prior books examining how information became a central feature of modern society, most notably as a sequel to All the Facts: A History of Information in the United States since 1870 (OUP, 2016) and Building Blocks of Society: History, Information Ecosystems, and Infrastructures (R&L, 2021).

Handbook of Research Methods in Behavioural Economics

Morris Altman
Handbook of Research Methods in Behavioural Economics Book PDF

Author : Morris Altman
Publisher : Edward Elgar Publishing
Page : 533 pages
File Size : 55,9 Mb
Release : 2023-03-02
Category : Business & Economics
ISBN : 9781839107948

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Handbook of Research Methods in Behavioural Economics by Morris Altman Pdf

This comprehensive Handbook addresses a wide variety of methodological approaches adopted and developed by behavioural economists, exploring the implications of such innovations for analysis and policy.

Foundations of Economic Psychology

Kazuhisa Takemura
Foundations of Economic Psychology Book PDF

Author : Kazuhisa Takemura
Publisher : Springer
Page : 288 pages
File Size : 46,8 Mb
Release : 2019-07-26
Category : Business & Economics
ISBN : 9789811390494

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Foundations of Economic Psychology by Kazuhisa Takemura Pdf

This book provides an overview of the concept of economic psychology from behavioral and mathematical perspectives and related theoretical and empirical findings. Economic psychology is defined briefly as a general term for descriptive theories to explain the psychological processes of microeconomic behaviors and macroeconomic phenomena. However, the psychological methodology and knowledge of economic psychology have also been applied widely in such fields as economics, business administration, and engineering, and they are expected to become increasingly useful in the future—a trend suggested in several eminent scholars’ studies. The book explains the numerous behavioral and mathematical models of economic psychology related to micro- and macroeconomic phenomena that have been proposed in the past, and introduces new models that are useful to explain human economic behaviors. It concludes with speculations about the future of modern economic psychology, referring to its connection with fields related to neuroscience, such as neuroeconomics, which have been developed in recent years. Readers require no advanced expertise; nonetheless, an introductory understanding of psychology, business administration, and economics, and a high- school-graduate level of mathematics are useful. To aid readers, each chapter includes a bibliography, which can be referred for more details related to economic psychology.

Psychological Perspectives on Financial Decision Making

Tomasz Zaleskiewicz,Jakub Traczyk
Psychological Perspectives on Financial Decision Making Book PDF

Author : Tomasz Zaleskiewicz,Jakub Traczyk
Publisher : Springer Nature
Page : 367 pages
File Size : 54,8 Mb
Release : 2020-07-21
Category : Psychology
ISBN : 9783030455002

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Psychological Perspectives on Financial Decision Making by Tomasz Zaleskiewicz,Jakub Traczyk Pdf

This book reviews the latest research from psychology, neuroscience, and behavioral economics evaluating how people make financial choices in real-life circumstances. The volume is divided into three sections investigating financial decision making at the level of the brain, the level of an individual decision maker, and the level of the society, concluding with a discussion of the implications for further research. Among the topics discussed: Neural and hormonal bases of financial decision making Personality, cognitive abilities, emotions, and financial decisions Aging and financial decision making Coping methods for making financial choices under uncertainty Stock market crashes and market bubbles Psychological perspectives on borrowing, paying taxes, gambling, and charitable giving Psychological Perspectives on Financial Decision Making is a useful reference for researchers both in and outside of psychology, including decision-making experts, consumer psychologists, and behavioral economists.

The Misunderstood Economy

Robert Eisner
The Misunderstood Economy Book PDF

Author : Robert Eisner
Publisher : Harvard Business Review Press
Page : 250 pages
File Size : 50,8 Mb
Release : 1994
Category : Business & Economics
ISBN : STANFORD:36105003457228

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The Misunderstood Economy by Robert Eisner Pdf

In clear, easy-to-understand language, The Misunderstood Economy explains how economic and social progress is and should be measured, confronting widespread misconceptions about debt and deficit, government spending and taxes, unemployment and inflation, foreign investment, and foreign trade.

Conjunctive Explanations

Jonah N. Schupbach,David H. Glass
Conjunctive Explanations Book PDF

Author : Jonah N. Schupbach,David H. Glass
Publisher : Taylor & Francis
Page : 286 pages
File Size : 44,5 Mb
Release : 2023-05-12
Category : Science
ISBN : 9781000884074

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Conjunctive Explanations by Jonah N. Schupbach,David H. Glass Pdf

Philosophers and psychologists are increasingly investigating the conditions under which multiple explanations are better in conjunction than they are individually. This book brings together leading scholars to provide an interdisciplinary and unified discussion of such “conjunctive explanations.” The book starts with an introductory chapter expounding the notion of conjunctive explanation and motivating a multifaceted approach to its study. The remaining chapters are divided into three parts. Part I includes chapters on “The Nature of Conjunctive Explanations.” Each chapter illustrates distinct ways in which explanatory multiplicity is motivated by a careful study of the nature and concept of explanation. The second part (“Reasoning About Conjunctive Explanations”) includes chapters on the epistemology and logic of conjunctive explanations. Here the contributors propose and evaluate various norms for reasoning correctly about and to conjunctive explanations. Part III concerns “The Psychology of Conjunctive Explanations,” with contributions discussing conditions under which humans entertain and hold multiple explanations of single explananda simultaneously and the cognitive limitations and capacities for doing so. Conjunctive Explanations will be of interest to researchers and advanced students working on explanation in philosophy of science, epistemology, philosophical logic, and cognitive psychology.

Human Behaviour in Pandemics

Malgorzata Kossowska,Natalia Letki,Tomasz Zaleskiewicz,Szymon Wichary
Human Behaviour in Pandemics Book PDF

Author : Malgorzata Kossowska,Natalia Letki,Tomasz Zaleskiewicz,Szymon Wichary
Publisher : Routledge
Page : 253 pages
File Size : 49,5 Mb
Release : 2022-04-06
Category : Medical
ISBN : 9781000568707

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Human Behaviour in Pandemics by Malgorzata Kossowska,Natalia Letki,Tomasz Zaleskiewicz,Szymon Wichary Pdf

This timely interdisciplinary book brings together a wide spectrum of theoretical concepts and their empirical applications in relation to the COVID-19 pandemic, informing our understanding of the social and psychological bases of a global crisis. Written by an author team of psychologists and sociologists, the volume provides comprehensive coverage of phenomena such as fear, risk, judgement and decision making, threat and uncertainty, group identity and cohesion, social and institutional trust, and communication in the context of an international health emergency.The topics have been grouped into four main chapters, focusing on the individual, group, social, and communication perspectives of the issues affecting or being affected by the pandemic, based on over 740 classic and current references of peer-reviewed research and contextualized with an epidemiological perspective discussed in the introduction. The volume finishes with two special sections, with a chapter on cultural specificity of the social impact of pandemics, focusing specifically on both Islam and Hinduism, and a chapter on the cross-national differences in policy responses to the current health crisis. Providing not just a reference for academic research, but also short-term and long-term policy solutions based on successful strategies to combat adverse social, cognitive, and emotional consequences, this is the ideal resource for academics and policymakers interested in social and psychological determinants of individual reactions to pandemics, as well as in fields such as economics, management, politics, and medical care.

Sustainable Development of Denmark in the World, 1970–2020

Bo Fritzbøger
Sustainable Development of Denmark in the World 1970 2020 Book PDF

Author : Bo Fritzbøger
Publisher : Springer Nature
Page : 415 pages
File Size : 54,6 Mb
Release : 2022-05-24
Category : History
ISBN : 9783030982935

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Sustainable Development of Denmark in the World, 1970–2020 by Bo Fritzbøger Pdf

This book provides a holistic overview of the history of sustainable development in Denmark over the last fifty years, covering a host of issues central to the Sustainable Development Goals (SDGs): ending poverty; ensuring inclusive and equitable education; reducing inequality; making cities and settlements inclusive, safe and resilient; and fostering responsible production and consumption patterns, to name a few. It argues for a new framework of sustainability history, one that is truly global in outlook. As such, it explores what truly global sustainable development would look like. It considers how economic growth has been the driver for prosperity in the global north, and considers whether sustainable development and continued economic growth are irreconcilable, and what the future of sustainable development initiatives in Denmark might look like.

The Economics of the Mishnah

Jacob Neusner
The Economics of the Mishnah Book PDF

Author : Jacob Neusner
Publisher : University of Chicago Press
Page : 204 pages
File Size : 54,7 Mb
Release : 1990-01-23
Category : Business & Economics
ISBN : 0226576566

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The Economics of the Mishnah by Jacob Neusner Pdf

In this compelling study, Jacob Neusner argues that economics is an active and generative ingredient of the system of the Mishnah. The Mishnah directly addresses such economic concerns as the value of work, agronomics, currency, commerce and the marketplace, and correct management of labor and of the household. In all its breadth, the Mishnah poses the question of the critical place occupied by the economy in society under God's rule. The Economics of the Mishnah is the first book to examine the place of economic theory generally in the Judaic system of the Mishnah. Jacob Neusner begins by surveying previous work on economics and Judaism, the best known being Werner Sombart's The Jews and Modern Capitalism. The mistaken notion that Jews have had a common economic history has outlived the demise of Sombart's argument, and it is a notion that Neusner overturns before discussing the Mishnaic economics. Only in Aristotle, Neusner argues, do we find an equal to the Mishnah's accomplishment in engaging economics in the service of a larger systemic statement. Neusner shows that the framers of the Mishnah imagined a distributive economy functioning through the Temple and priesthood, while also legislating for the action of markets. The economics of the Mishnah, then, is to some extent a mixed economy. The dominant, distributive element in this mixed economy, Neusner contends, derives from the belief that the Temple and its designated castes on earth exercise God's claim to the ownership of the holy land. He concludes by considering the implications of the derivation of the Mishnah's economics from the interests of the undercapitalized and overextended farmer.

Climate of the Middle

Arjen Siegmann
Climate of the Middle Book PDF

Author : Arjen Siegmann
Publisher : Springer Nature
Page : 71 pages
File Size : 40,8 Mb
Release : 2022-01-04
Category : Political Science
ISBN : 9783030853228

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Climate of the Middle by Arjen Siegmann Pdf

This Open Access book presents a multidisciplinary perspective to increase our understanding of climate policies that are rooted in the natural moral inclinations of people, families and firms. Which policies prevent a widening gap between higher and lower educated people? Which policy instruments are there, and how could they be used? What is the role of free entrepreneurship? In this book, academics from different fields have brought together their knowledge and expertise to reflect on the following three questions: How are the polarised positions on climate change of different groups related to their moral outlook, world view, tradition, cultural norms and values? What is a good distribution of responsibilities between firms, households and the government relating to climate change? What are possible avenues where the climate policies are a natural extension of moral inclinations of families and firms, such as the stewardship for the natural environment and the climate? This book will be of interest to policy and decision-makers, students of social and behavioural sciences, and those interested climate change policies and how this effects our lives

Cogs and Monsters

Diane Coyle
Cogs and Monsters Book PDF

Author : Diane Coyle
Publisher : Princeton University Press
Page : 272 pages
File Size : 50,6 Mb
Release : 2023-04-11
Category : Business & Economics
ISBN : 9780691231044

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Cogs and Monsters by Diane Coyle Pdf

How economics needs to change to keep pace with the twenty-first century and the digital economy Digital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems—but also opportunities—facing economics today and examines what it must do to help policymakers solve the world’s crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still assumes people are “cogs”—self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by “monsters”—untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems. Filled with original insights, Cogs and Monsters offers a road map for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century.