the company of strangers a natural history of economic life

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The Company Of Strangers

Author : Paul Seabright
ISBN : 1400834783
Genre : Business & Economics
File Size : 43. 8 MB
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The Company of Strangers shows us the remarkable strangeness, and fragility, of our everyday lives. This completely revised and updated edition includes a new chapter analyzing how the rise and fall of social trust explain the unsustainable boom in the global economy over the past decade and the financial crisis that succeeded it. Drawing on insights from biology, anthropology, history, psychology, and literature, Paul Seabright explores how our evolved ability of abstract reasoning has allowed institutions like money, markets, cities, and the banking system to provide the foundations of social trust that we need in our everyday lives. Even the simple acts of buying food and clothing depend on an astonishing web of interaction that spans the globe. How did humans develop the ability to trust total strangers with providing our most basic needs?

The Company Of Strangers

Author : Paul Seabright
ISBN : 0691124523
Genre : Business & Economics
File Size : 54. 60 MB
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Explores how humans' evolved ability of abstract reasoning has allowed such institutions as money, markets, cities and the banking system to provide a foundation of social trust, in a revised edition that has a new chapter explaining how the rise and fall of social trust resulted in the financial crisis. Original.

The Company Of Strangers

Author : Paul Seabright
ISBN : 0691118213
Genre : Business & Economics
File Size : 89. 63 MB
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Explores how humans' evolved ability of abstract reasoning has allowed such institutions as money, markets, cities and the banking system to provide a foundation of social trust, in a revised edition that has a new chapter explaining how the rise and fall of social trust resulted in the financial crisis. Original.

The War Of The Sexes

Author : Paul Seabright
ISBN : 9780691133010
Genre : Science
File Size : 50. 28 MB
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Drawing on biology, sociology, anthropology and economics the author argues that humans have a deep-seated propensity for both conflict and cooperation between the sexes, and that we must understand how these have shaped the modern world to achieve greater harmony.

Democracy In Europe

Author : Larry Siedentop
ISBN : 0231123760
Genre : History
File Size : 73. 16 MB
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Why do smokers claim that the first cigarette of the day is the best? What is the biological basis behind some heavy drinkers' belief that the "hair-of-the-dog" method alleviates the effects of a hangover? Why does marijuana seem to affect ones problem-solving capacity? Intoxicating Minds is, in the author's words, "a grand excavation of drug myth." Neither extolling nor condemning drug use, it is a story of scientific and artistic achievement, war and greed, empires and religions, and lessons for the future. Ciaran Regan looks at each class of drugs, describing the historical evolution of their use, explaining how they work within the brain's neurophysiology, and outlining the basic pharmacology of those substances. From a consideration of the effect of stimulants, such as caffeine and nicotine, and the reasons and consequences of their sudden popularity in the seventeenth century, the book moves to a discussion of more modern stimulants, such as cocaine and ecstasy. In addition, Regan explains how we process memory, the nature of thought disorders, and therapies for treating depression and schizophrenia. Regan then considers psychedelic drugs and their perceived mystical properties and traces the history of placebos to ancient civilizations. Finally, Intoxicating Minds considers the physical consequences of our co-evolution with drugs--how they have altered our very being--and offers a glimpse of the brave new world of drug therapies.

The Darwin Economy

Author : Robert H. Frank
ISBN : 9780691156682
Genre : Business & Economics
File Size : 27. 89 MB
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Argues that ecologist Charles Darwin's understanding of competition describes economic reality far more accurately than economist Adam Smith's theories ever did.

Butterfly Economics

Author : Paul Ormerod
ISBN : 9780307819413
Genre : Social Science
File Size : 64. 14 MB
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Why did VHS, an inferior video recording technology, succeed in the marketplace, driving the superior Betamax out of business? Why do big-budget, acclaimed movies sometimes flop at the box office, while low-budget, idiosyncratic films become huge hits? The answers to these questions, says Paul Omerod, remind us that economics is a science based on the workings of human society, as unpredictable an entity as there is. "Conventional economics is mistaken," claimes Omerod, "when it views the economy as a machine, whose behavior, no matter how complicated, is ultimately predictable and controllable." In this cogently and elegantly argued analysis of why human beings persist in engaging in behavior that defies time-honored economic theory, Omerod also explains why governments and industries throughout the world must completely reconfigure their traditional methods of economic forecasting if they are to succeed and prosper in an increasingly global marketplace.

A Farewell To Alms

Author : Gregory Clark
ISBN : 0691121354
Genre : Business & Economics
File Size : 65. 58 MB
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"What caused the Industrial Revolution? Gregory Clark has a brilliant and fascinating explanation for this event which permanently changed the life of humankind after 100,000 years of stagnation."--George Akerlof, Nobel Laureate in Economics and Koshland Professor of Economics, University of California, Berkeley "This is a very important book. Gregory Clark argues that the Industrial Revolution was the gradual but inevitable result of a kind of natural selection during the harsh struggle for existence in the pre-industrial era, in which economically successful families were also more reproductively successful. They transmitted to their descendants, culturally and perhaps genetically, such productive attitudes as foresight, thrift, and devotion to hard work. This audacious thesis, which dismisses rival explanations in terms of prior ideological, technological, or institutional revolutions, will be debated by historians for many years to come."--Paul Seabright, author of "The Company of Strangers: A Natural History of Economic Life" "Challenging the prevailing wisdom that institutions explain why some societies become rich, Gregory Clark's "A Farewell to Alms" will appeal to a broad audience. I can think of nothing else like it."--Philip T. Hoffman, author of "Growth in a Traditional Society" "You may not always agree with Gregory Clark, but he will capture your attention, make you think, and make you reconsider. He is a provocative and imaginative scholar and a true original. As an economic historian, he engages with economists in general; as an economist, he is parsimonious with high-tech algebra and unnecessarily complex models. Occam would approve."--Cormac Grda, author of "Jewish Ireland in the Age of Joyce" "This should rapidly become a standard work on the history of economic development. It should start whole industries trying to test, refine, and refute its explanations. And Gregory Clark's views on the economic merits of imperialism and the fact that labor gained the most from industrialization will infuriate all the right people."--Eric L. Jones, author of "Cultures Merging" and "The European Miracle" "While many books on the Industrial Revolution tend to focus narrowly either on the event itself, or on one explanation for it, Gregory Clark does neither. He takes an extremely long-run view, covering significant periods before and after the Industrial Revolution, without getting bogged down in long or detailed exposition. This is an extremely important contribution to the subject."--Clifford Bekar, Lewis and Clark College

A Cooperative Species

Author : Samuel Bowles
ISBN : 1400838835
Genre : Business & Economics
File Size : 30. 24 MB
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Why do humans, uniquely among animals, cooperate in large numbers to advance projects for the common good? Contrary to the conventional wisdom in biology and economics, this generous and civic-minded behavior is widespread and cannot be explained simply by far-sighted self-interest or a desire to help close genealogical kin. In A Cooperative Species, Samuel Bowles and Herbert Gintis--pioneers in the new experimental and evolutionary science of human behavior--show that the central issue is not why selfish people act generously, but instead how genetic and cultural evolution has produced a species in which substantial numbers make sacrifices to uphold ethical norms and to help even total strangers. The authors describe how, for thousands of generations, cooperation with fellow group members has been essential to survival. Groups that created institutions to protect the civic-minded from exploitation by the selfish flourished and prevailed in conflicts with less cooperative groups. Key to this process was the evolution of social emotions such as shame and guilt, and our capacity to internalize social norms so that acting ethically became a personal goal rather than simply a prudent way to avoid punishment. Using experimental, archaeological, genetic, and ethnographic data to calibrate models of the coevolution of genes and culture as well as prehistoric warfare and other forms of group competition, A Cooperative Species provides a compelling and novel account of how humans came to be moral and cooperative.

Business Models

Author : David Watson
ISBN : 9781897597583
Genre : Business & Economics
File Size : 23. 14 MB
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Different Business Models is different from other investment books because it breaks new ground. It deploys 129 business models to empower an outside investor to analyse the internal competitive advantage of companies and sectors. Competitive advantage Strong competitive advantage is only achieved by having low costs and/or doing something different from the competition. This must add value to the customer, who then pays a premium price. He is glued to the company, which will earn dependable revenue streams and be in the profit zone. Key features . 64 company business models are scored for competitive advantage. They include moats, recurring revenues, product differentiation, bolt-on acquisitions and bargaining power. . 65 sector business models are scored for competitive advantage. They include recession resistance, must-have products, sticky customers, toll bridges and megatrends. . The economic cycle is the ultimate arbiter of investment success or failure. . Other important tools are growth at a reasonable price, technical analysis, scuttlebutting, accounting for growth and investment axioms. Conclusion Business Models unearths the best companies to outperform in a bull or bear market, giving investors a real advantage. They can correctly evaluate a company or sector in 15 minutes and emulate Warren Buffett, who uses business models to invest in companies with strong competitive advantage.

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