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The Myth Of The Rational Market

Author : Justin Fox
ISBN : 9780061885709
Genre : Business & Economics
File Size : 80. 78 MB
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“Do we really need yet another book about the financial crisis? Yes, we do—because this one is different….A must-read for anyone who wants to understand the mess we’re in.” —Paul Krugman, New York Times Book Review “Fox makes business history thrilling.” —St. Louis Post-Dispatch A lively history of ideas, The Myth of the Rational Market by former Time Magazine economics columnist Justin Fox, describes with insight and wit the rise and fall of the world’s most influential investing idea: the efficient markets theory. Both a New York Times bestseller and Notable Book of the Year—longlisted for the Financial Times Business Book of the Year Award and named one of Library Journal Best Business Books of the Year—The Myth of the Rational Market carries readers from the earliest days of Wall Street to the current financial crisis, debunking the long-held myth that the stock market is always right in the process while intelligently exploring the replacement theory of behavioral economics.

The Myth Of The Rational Voter

Author : Bryan Caplan
ISBN : 9781400828821
Genre : Political Science
File Size : 71. 27 MB
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The greatest obstacle to sound economic policy is not entrenched special interests or rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases held by ordinary voters. This is economist Bryan Caplan's sobering assessment in this provocative and eye-opening book. Caplan argues that voters continually elect politicians who either share their biases or else pretend to, resulting in bad policies winning again and again by popular demand. Boldly calling into question our most basic assumptions about American politics, Caplan contends that democracy fails precisely because it does what voters want. Through an analysis of Americans' voting behavior and opinions on a range of economic issues, he makes the convincing case that noneconomists suffer from four prevailing biases: they underestimate the wisdom of the market mechanism, distrust foreigners, undervalue the benefits of conserving labor, and pessimistically believe the economy is going from bad to worse. Caplan lays out several bold ways to make democratic government work better--for example, urging economic educators to focus on correcting popular misconceptions and recommending that democracies do less and let markets take up the slack. The Myth of the Rational Voter takes an unflinching look at how people who vote under the influence of false beliefs ultimately end up with government that delivers lousy results. With the upcoming presidential election season drawing nearer, this thought-provoking book is sure to spark a long-overdue reappraisal of our elective system.

Principles Of Sustainable Finance

Author : Dirk Schoenmaker
ISBN : 9780198826606
Genre : Business & Economics
File Size : 53. 4 MB
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Finance is widely seen as an obstacle to a better world. Principles of Sustainable Finance explains how the financial sector can be mobilized to counter this. Using finance as a means to achieve social goals we can divert the planet and its economy from its current path to a world that is sustainable for all. Written for undergraduate, graduate, and executive students of finance, economics, business, and sustainability, this textbook combines theory, empirical data, and policy to explain the sustainability challenges for corporate investment. It shows how finance can steer funding to certain companies and projects without sacrificing return and thus speed up the transition to a sustainable economy. It analyses the Sustainable Development Goals as a strategy for a better world and provides evidence that environmental, social, and governance factors matter, explaining in detail how to incorporate these factors in the corporate and financial sectors. Tailored for students, Principles of Sustainable Finance starts each chapter with an overview and learning objectives to support study. It includes suggestions for further reading, lists and definitions of key concepts, and extensive uses of figures, boxes, and tables to enhance educational goals and clarify concepts.

Making Money

Author : Ole Bjerg
ISBN : 9781781682654
Genre : Business & Economics
File Size : 46. 87 MB
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Analyzes the concept of money philosophically and argues that the current financial turbulence and debt crisis are evidence that the world is living in an age of post-credit capitalism.

Is There Life After Trinko And Credit Suisse

Author : United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts and Competition Policy
ISBN : PURD:32754081522538
Genre : Antitrust law
File Size : 20. 57 MB
Format : PDF
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Index Investing

Author : Abhishek Kumar
ISBN : 9789353883270
Genre : Business & Economics
File Size : 23. 25 MB
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Welcome to the mysterious world of equity market, which is not so mysterious after all! Most investors get it wrong when it comes to understanding the nuances of the equity market. It is not because they are ignorant or lack the requisite skills to understand the factors affecting this market, but mainly because they get misleading information from market players and financial intermediaries. Consequently, these entities thrive and flourish, leaving the investor wringing his hands, wondering where all the money has gone. No more lies! This book is your window to the equity market from a completely different perspective and earn your fair share of stock market return.


Author :
ISBN : NWU:35556039058441
Genre : Periodicals
File Size : 50. 80 MB
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The Economist

Author :
ISBN : UOM:39015081653639
Genre : Commerce
File Size : 32. 88 MB
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Consumers Competition And Consolidation In The Video And Broadband Market

Author : United States. Congress. Senate. Committee on Commerce, Science, and Transportation. Subcommittee on Communications, Technology, and the Internet
ISBN : UCSD:31822037825965
Genre : Broadband communication systems
File Size : 25. 95 MB
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Region Focus

Author :
ISBN : NYPL:33433078185869
Genre : Southern States
File Size : 86. 27 MB
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Great Decisions

Author :
ISBN : WISC:89107706483
Genre : International relations
File Size : 87. 12 MB
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It Didn T Have To Be This Way

Author : Harry C. Veryser
ISBN : NYPL:33433109275291
Genre : Business & Economics
File Size : 42. 72 MB
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The key to understanding economics The economic crisis that erupted in 2008 was not inevitable. Proponents of the Austrian School of economics have repeatedly demonstrated that a boom-and-bust cycle is unnatural and unnecessary. Unfortunately, few people have even a cursory understanding of Austrian economics--a problem economist Harry C. Veryser tackles in It Didn't Have to Be This Way. Veryser provides a clear and persuasive introduction to the Austrian School and its major figures, such as Ludwig von Mises and F. A. Hayek, and before them Carl Menger. He shows why the Austrian view--emphasising individual human action and markets free from government intrusion--offers the surest path back to peace and prosperity. Best introduction to poorly understood Austrian economics: Veryser brilliantly explains a vitally important school of economic thought that many people know nothing about. This book corrects misconceptions and makes a convincing case why the Austrian view offers the best approach to economics. Explains current economic crisis: Veryser shows how Austrian economics predicted exactly the kind of collapse that occurred in 2008, and why a boom-and-bust cycle is unnatural and unnecessary.

Talking Book Topics

Author :
ISBN : STANFORD:36105131844545
Genre : Talking books
File Size : 48. 61 MB
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Digital Talking Books Plus

Author :
ISBN : OSU:32435084838465
Genre : Talking books
File Size : 48. 47 MB
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Summary The Myth Of The Rational Voter

Author : BusinessNews Publishing
ISBN : 9782511002285
Genre : Political Science
File Size : 47. 33 MB
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The must-read summary of Bryan Caplan’s book: “The Myth of the Rational Voter: Why Democracies Choose Bad Policies”. This complete summary of “The Myth of the Rational Voter” by Bryan Caplan, a renowned economist and political commentator, presents his investigation into why voters are largely influenced by misconceptions, irrational beliefs and personal opinions. In his book, the author reveals how voters continue to elect the candidates that share their personal beliefs, which means that bad policies are chosen again and again due to public demand. Caplan boldly questions assumptions about America’s politics and claims that democracy is failing because politicians choose bad policies to satisfy the electorate. Added-value of this summary: • Save time • Understand why uninformed voters pose a threat to the essence of democracy • Expand your knowledge of American politics and elections To learn more, read “The Myth of the Rational Voter” and find out the truth behind American politics and how irrational voters essentially hold all the power.

Accounting For Value

Author : Stephen Penman
ISBN : 9780231521857
Genre : Business & Economics
File Size : 66. 40 MB
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Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value. Laying aside many of the tools of modern finance the cost-of-capital, the CAPM, and discounted cash flow analysis Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.

The New Yorker

Author : Harold Wallace Ross
ISBN : NWU:35556041086307
Genre : American wit and humor
File Size : 21. 62 MB
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The Value Of Nothing

Author : Raj Patel
ISBN : 9781846272462
Genre : Business & Economics
File Size : 28. 10 MB
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'Nowadays people know the price of everything and the value of nothing.' Credit has crunched, debt has turned toxic, the gears of the world economy have ground to a halt. Yet despite its failures, the same market-driven ideas are being applied to everything from famine to climate change. We need to ask again one of the most fundamental questions a society ever addresses: why do things cost what they do? Radical, original, nimbly argued, The Value of Nothing draws on ideas from history, philosophy, psychology and agriculture to show how we can build an economically and environmentally sound future.

International Economic Law In The 21st Century

Author : Ernst-Ulrich Petersmann
ISBN : 9781847319814
Genre : Law
File Size : 60. 35 MB
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The state-centred 'Westphalian model' of international law has failed to protect human rights and other international public goods effectively. Most international trade, financial and environmental agreements do not even refer to human rights, consumer welfare, democratic citizen participation and transnational rule of law for the benefit of citizens. This book argues that these 'multilevel governance failures' are largely due to inadequate regulation of the 'collective action problems' in the supply of international public goods, such as inadequate legal, judicial and democratic accountability of governments vis-a-vis citizens. Rather than treating citizens as mere objects of intergovernmental economic and environmental regulation and leaving multilevel governance of international public goods to discretionary 'foreign policy', human rights and constitutional democracy call for 'civilizing' and 'constitutionalizing' international economic and environmental cooperation by stronger legal and judicial protection of citizens and their constitutional rights in international economic law. Moreover intergovernmental regulation of transnational cooperation among citizens must be justified by 'principles of justice' and 'multilevel constitutional restraints' protecting rights of citizens and their 'public reason'. The reality of 'constitutional pluralism' requires respecting legitimately diverse conceptions of human rights and democratic constitutionalism. The obvious failures in the governance of interrelated trading, financial and environmental systems must be restrained by cosmopolitan, constitutional conceptions of international law protecting the transnational rule of law and participatory democracy for the benefit of citizens.

Investing Without Wall Street

Author : Sheldon Jacobs
ISBN : 9781118239278
Genre : Business & Economics
File Size : 59. 3 MB
Format : PDF
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Praise for Sheldon Jacobs "Sheldon Jacobs is a level-headed gentleman who is a cross between Albert Einstein, the Dalai Lama, and Vanguard founder Jack Bogle and who had a solid record editing and publishing The No-Load Fund Investor financial newsletter for over a quarter-century." —MarketWatch "King of no-loads." —Investor's Business Daily "Dean of the no-load fund watchers." —USA Today "Among financial experts who are able to think with a small investor's perspective, no one is more level-headed than Sheldon Jacobs." —Bottom Line/Personal In July of 1993, Sheldon Jacobs was one of five nationally recognized mutual fund advisors chosen by The New York Times for a mutual fund portfolio competition. The portfolio that he selected produced the highest return of all contestants for almost seven years, and the Times quarterly publication of this contest helped him become one of the best-known mutual fund advisorsin America. Investing without Wall Street shows investors how to achieve the greatest wealth with the least effort. It details the five essentials that even a kid could master and shows that they are all you need to be a successful investor. With this knowledge, the average investor can invest on his or her own and make $252,000 more than a person investing the same way who shares his or her profits with professionals. This book will teach you how.

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