The Efficiency Paradox

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The Efficiency Paradox

Author : Edward Tenner
Publisher : Vintage
Page : 320 pages
File Size : 45,9 Mb
Release : 2018-04-17
Category : Business & Economics
ISBN : 9780525520306

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The Efficiency Paradox by Edward Tenner Pdf

A bold challenge to our obsession with efficiency—and a new understanding of how to benefit from the powerful potential of serendipity. Algorithms, multitasking, the sharing economy, life hacks: our culture can't get enough of efficiency. One of the great promises of the Internet and big data revolutions is the idea that we can improve the processes and routines of our work and personal lives to get more done in less time than we ever have before. There is no doubt that we're performing at higher levels and moving at unprecedented speed, but what if we're headed in the wrong direction? Melding the long-term history of technology with the latest headlines and findings of computer science and social science, The Efficiency Paradox questions our ingrained assumptions about efficiency, persuasively showing how relying on the algorithms of digital platforms can in fact lead to wasted efforts, missed opportunities, and, above all, an inability to break out of established patterns. Edward Tenner offers a smarter way of thinking about efficiency, revealing what we and our institutions, when equipped with an astute combination of artificial intelligence and trained intuition, can learn from the random and unexpected.

This is Lean

Author : Niklas Modig,Pär Åhlström
Publisher : CENTRAL BOOKS
Page : 0 pages
File Size : 41,6 Mb
Release : 2012
Category : Business logistics
ISBN : 919803930X

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This is Lean by Niklas Modig,Pär Åhlström Pdf

This book is relevant to any kind of business and is currently being used by a number of multi-national companies, including AstraZeneca, Ericsson, Scania and Volvo.

The Jevons Paradox and the Myth of Resource Efficiency Improvements

Author : Blake Alcott,Mario Giampietro,Kozo Mayumi,John Polimeni
Publisher : Taylor & Francis
Page : 198 pages
File Size : 42,9 Mb
Release : 2012-04-27
Category : Business & Economics
ISBN : 9781136553356

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The Jevons Paradox and the Myth of Resource Efficiency Improvements by Blake Alcott,Mario Giampietro,Kozo Mayumi,John Polimeni Pdf

The Jevons Paradox, which was first expressed in 1865 by William Stanley Jevons in relation to use of coal, states that an increase in efficiency in using a resource leads to increased use of that resource rather than to a reduction. This has subsequently been proved to apply not just to fossil fuels, but other resource use scenarios. For example, doubling the efficiency of food production per hectare over the last 50 years (due to the Green Revolution) did not solve the problem of hunger. The increase in efficiency increased production and worsened hunger because of the resulting increase in population. The implications of this in todays world are substantial. Many scientists and policymakers argue that future technological innovations will reduce consumption of resources; the Jevons Paradox explains why this may be a false hope. This is the first book to provide a historical overview of the Jevons Paradox, provide evidence for its existence and apply it to complex systems. Written and edited by world experts in the fields of economics, ecological economics, technology and the environment, it explains the myth of efficiency and explores its implications for resource usage (particularly oil). It is a must-read for policymakers, natural resource managers, academics and students concerned with the effects of efficiency on resource use.

The Profit Paradox

Author : Jan Eeckhout
Publisher : Princeton University Press
Page : 352 pages
File Size : 40,7 Mb
Release : 2022-10-25
Category : Business & Economics
ISBN : 9780691224299

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The Profit Paradox by Jan Eeckhout Pdf

A pioneering account of the surging global tide of market power—and how it stifles workers around the world In an era of technological progress and easy communication, it might seem reasonable to assume that the world’s working people have never had it so good. But wages are stagnant and prices are rising, so that everything from a bottle of beer to a prosthetic hip costs more. Economist Jan Eeckhout shows how this is due to a small number of companies exploiting an unbridled rise in market power—the ability to set prices higher than they could in a properly functioning competitive marketplace. Drawing on his own groundbreaking research and telling the stories of common workers throughout, he demonstrates how market power has suffocated the world of work, and how, without better mechanisms to ensure competition, it could lead to disastrous market corrections and political turmoil. The Profit Paradox describes how, over the past forty years, a handful of companies have reaped most of the rewards of technological advancements—acquiring rivals, securing huge profits, and creating brutally unequal outcomes for workers. Instead of passing on the benefits of better technologies to consumers through lower prices, these “superstar” companies leverage new technologies to charge even higher prices. The consequences are already immense, from unnecessarily high prices for virtually everything, to fewer startups that can compete, to rising inequality and stagnating wages for most workers, to severely limited social mobility. A provocative investigation into how market power hurts average working people, The Profit Paradox also offers concrete solutions for fixing the problem and restoring a healthy economy.

The Citizen's Guide to Climate Success

Author : Mark Jaccard
Publisher : Cambridge University Press
Page : 307 pages
File Size : 55,7 Mb
Release : 2020-02-06
Category : Business & Economics
ISBN : 9781108479370

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The Citizen's Guide to Climate Success by Mark Jaccard Pdf

Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.

The Prosperity Paradox

Author : Clayton M. Christensen,Efosa Ojomo,Karen Dillon
Publisher : HarperCollins
Page : 415 pages
File Size : 48,6 Mb
Release : 2019-01-15
Category : Business & Economics
ISBN : 9780062851833

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The Prosperity Paradox by Clayton M. Christensen,Efosa Ojomo,Karen Dillon Pdf

Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change. Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time. But hope is not an effective strategy. Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars’ worth of aid are poorer now. Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies—but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico. The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.

The Antitrust Paradox

Author : Robert Bork
Publisher : Unknown
Page : 536 pages
File Size : 55,9 Mb
Release : 2021-02-22
Category : Electronic
ISBN : 1736089714

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The Antitrust Paradox by Robert Bork Pdf

The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.

Energy Efficiency and Sustainable Consumption

Author : H. Herring,S. Sorrell
Publisher : Springer
Page : 266 pages
File Size : 47,7 Mb
Release : 2008-11-27
Category : Political Science
ISBN : 9780230583108

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Energy Efficiency and Sustainable Consumption by H. Herring,S. Sorrell Pdf

This book challenges conventional wisdom by showing how, in some circumstances, improved energy efficiency may increase energy consumption. Relying upon energy efficiency to reduce carbon emissions could therefore be misguided. This book explores the broader implications for climate change and sustainable consumption.

Gibbs' Entropic Paradox and Problems of Separation Processes

Author : Eugene Barsky
Publisher : Elsevier
Page : 202 pages
File Size : 42,8 Mb
Release : 2017-03-22
Category : Technology & Engineering
ISBN : 9780444639202

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Gibbs' Entropic Paradox and Problems of Separation Processes by Eugene Barsky Pdf

Gibbs' Entropic Paradox and Problems of Separation Processes reviews the so-called Gibb’s Paradox observed during the mixing of two systems. During the last 150 years, many physicists and specialists in thermodynamics, statistical and quantum mechanics been engaged in the solution of the Gibbs paradox. Many books and journal articles have written on this topic, but a widely accepted answer is still lacking. In this book, the author reviews and analyzes all this data. Based on findings, the book formulates a different approach to this paradox and substantiates it on the basis of physical and statistical principles. The book clearly shows that entropy consists of two parts, static and dynamic. Up to now, entropy has been connected only with the process dynamics. However, the Gibbs paradox is caused by the change in the static component of entropy. Finally, the book includes examples of separation processes and how to optimize them in various fields, including biology, cosmology, crystallography and the social sciences. Provides a precise definition of entropy and allows the formulation of criteria for optimization of separation processes Explains the role of entropy in many processes, facilitating an in-depth analysis and understanding of complicated systems and processes Provides solutions to scientific and applied problems in various scientific disciplines related to separation processes Elucidates entropy’s role in many separation systems

The Green Paradox

Author : Hans-Werner Sinn
Publisher : MIT Press
Page : 287 pages
File Size : 51,8 Mb
Release : 2012-02-03
Category : Business & Economics
ISBN : 9780262300582

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The Green Paradox by Hans-Werner Sinn Pdf

A leading economist develops a supply-side approach to fighting climate change that encourages resource owners to leave more of their fossil carbon underground. The Earth is getting warmer. Yet, as Hans-Werner Sinn points out in this provocative book, the dominant policy approach—which aims to curb consumption of fossil energy—has been ineffective. Despite policy makers' efforts to promote alternative energy, impose emission controls on cars, and enforce tough energy-efficiency standards for buildings, the relentlessly rising curve of CO2 output does not show the slightest downward turn. Some proposed solutions are downright harmful: cultivating crops to make biofuels not only contributes to global warming but also uses resources that should be devoted to feeding the world's hungry. In The Green Paradox, Sinn proposes a new, more pragmatic approach based not on regulating the demand for fossil fuels but on controlling the supply. The owners of carbon resources, Sinn explains, are pre-empting future regulation by accelerating the production of fossil energy while they can. This is the “Green Paradox”: expected future reduction in carbon consumption has the effect of accelerating climate change. Sinn suggests a supply-side solution: inducing the owners of carbon resources to leave more of their wealth underground. He proposes the swift introduction of a “Super-Kyoto” system—gathering all consumer countries into a cartel by means of a worldwide, coordinated cap-and-trade system supported by the levying of source taxes on capital income—to spoil the resource owners' appetite for financial assets. Only if we can shift our focus from local demand to worldwide supply policies for reducing carbon emissions, Sinn argues, will we have a chance of staving off climate disaster.

The Conundrum

Author : David Owen
Publisher : Penguin
Page : 205 pages
File Size : 47,6 Mb
Release : 2012-02-07
Category : Science
ISBN : 9781101560136

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The Conundrum by David Owen Pdf

Look out for David Owen's next book, Where the Water Goes. The Conundrum is a mind-changing manifesto about the environment, efficiency and the real path to sustainability. Hybrid cars, fast trains, compact florescent light bulbs, solar panels, carbon offsets: Everything you've been told about living green is wrong. The quest for a breakthrough battery or a 100 mpg car are dangerous fantasies. We are consumers, and we like to consume green and efficiently. But David Owen argues that our best intentions are still at cross purposes to our true goal - living sustainably and caring for our environment and the future of the planet. Efficiency, once considered the holy grail of our environmental problems, turns out to be part of the problem. Efforts to improve efficiency and increase sustainable development only exacerbate the problems they are meant to solve, more than negating the environmental gains. We have little trouble turning increases in efficiency into increases in consumption. David Owen's The Conundrum is an elegant nonfiction narrative filled with fascinating information and anecdotes takes you through the history of energy and the quest for efficiency. This is a book about the environment that will change how you look at the world. We should not be waiting for some geniuses to invent our way out of the energy and economic crisis we're in. We already have the technology and knowledge we need to live sustainably. But will we do it? That is the conundrum.

The Uncontrollability of the World

Author : Hartmut Rosa
Publisher : John Wiley & Sons
Page : 105 pages
File Size : 41,7 Mb
Release : 2020-10-06
Category : Social Science
ISBN : 9781509543175

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The Uncontrollability of the World by Hartmut Rosa Pdf

The driving cultural force of that form of life we call ‘modern’ is the desire to make the world controllable. Yet it is only in encountering the uncontrollable that we really experience the world – only then do we feel touched, moved and alive. A world that is fully known, in which everything has been planned and mastered, would be a dead world. Our lives are played out on the border between what we can control and that which lies outside our control. But because we late-modern human beings seek to make the world controllable, we tend to encounter the world as a series of objects that we have to conquer, master or exploit. And precisely because of this, ‘life,’ the experience of feeling alive and truly encountering the world, always seems to elude us. This in turn leads to frustration, anger and even despair, which then manifest themselves in, among other things, acts of impotent political aggression. For Rosa, to encounter the world and achieve resonance with it requires us to be open to that which extends beyond our control. The outcome of this process cannot be predicted, and this is why moments of resonance are always concomitant with moments of uncontrollability. This short book – the sequel to Rosa’s path-breaking work on social acceleration and resonance – will be of great interest students and scholars in sociology and the social sciences and to anyone concerned with the nature of modern social life.

The Efficiency Paradox

Author : Edward Tenner
Publisher : Vintage
Page : 322 pages
File Size : 40,9 Mb
Release : 2019-03-05
Category : Business & Economics
ISBN : 9781400034888

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The Efficiency Paradox by Edward Tenner Pdf

A "skillful and lucid" (The Wall Street Journal) way of thinking about efficiency, challenging our obsession with it—and offering a new understanding of how to benefit from the powerful potential of serendipity. Algorithms, multitasking, the sharing economy, life hacks: our culture can't get enough of efficiency. One of the great promises of the Internet and big data revolutions is the idea that we can improve the processes and routines of our work and personal lives to get more done in less time than we ever have before. There is no doubt that we're performing at higher levels and moving at unprecedented speed, but what if we're headed in the wrong direction? Melding the long-term history of technology with the latest headlines and findings of computer science and social science, The Efficiency Paradox questions our ingrained assumptions about efficiency, persuasively showing how relying on the algorithms of digital platforms can in fact lead to wasted efforts, missed opportunities, and, above all, an inability to break out of established patterns. Edward Tenner reveals what we and our institutions, when equipped with an astute combination of artificial intelligence and trained intuition, can learn from the random and unexpected.

The Globalization Paradox

Author : Dani Rodrik
Publisher : Oxford University Press
Page : 369 pages
File Size : 50,6 Mb
Release : 2011-03-24
Category : Business & Economics
ISBN : 9780199603336

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The Globalization Paradox by Dani Rodrik Pdf

For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them?Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given.The heart of Rodrik>'s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

Organizational Linkages

Author : National Research Council,Division of Behavioral and Social Sciences and Education,Board on Human-Systems Integration,Panel on Organizational Linkages
Publisher : National Academies Press
Page : 328 pages
File Size : 44,5 Mb
Release : 1994-02-01
Category : Business & Economics
ISBN : 0309049342

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Organizational Linkages by National Research Council,Division of Behavioral and Social Sciences and Education,Board on Human-Systems Integration,Panel on Organizational Linkages Pdf

By one analysis, a 12 percent annual increase in data processing budgets for U.S. corporations has yielded annual productivity gains of less than 2 percent. Why? This timely book provides some insights by exploring the linkages among individual, group, and organizational productivity. The authors examine how to translate workers' productivity increases into gains for the entire organization, and discuss why huge investments in automation and other innovations have failed to boost productivity. Leading experts explore how processes such as problem solving prompt changes in productivity and how inertia and other characteristics of organizations stall productivity. The book examines problems in productivity measurement and presents solutions. Also examined in this useful book are linkage issues in the fields of software engineering and computer-aided design and why organizational downsizing has not resulted in commensurate productivity gains. Important theoretical and practical implications contribute to this volume's usefulness to business and technology managers, human resources specialists, policymakers, and researchers.