Cogs And Monsters

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Cogs and Monsters

Author : Diane Coyle
Publisher : Princeton University Press
ISBN 13 : 0691231044
Total Pages : 272 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Cogs and Monsters by : Diane Coyle

Download or read book Cogs and Monsters written by Diane Coyle and published by Princeton University Press. This book was released on 2023-04-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Markets, State, and People

Author : Diane Coyle
Publisher : Princeton University Press
ISBN 13 : 0691189315
Total Pages : 372 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis Markets, State, and People by : Diane Coyle

Download or read book Markets, State, and People written by Diane Coyle and published by Princeton University Press. This book was released on 2020-01-14 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: A textbook that examines how societies reach decisions about the use and allocation of economic resources While economic research emphasizes the importance of governmental institutions for growth and progress, conventional public policy textbooks tend to focus on macroeconomic policies and on tax-and-spend decisions. Markets, State, and People stresses the basics of welfare economics and the interplay between individual and collective choices. It fills a gap by showing how economic theory relates to current policy questions, with a look at incentives, institutions, and efficiency. How should resources in society be allocated for the most economically efficient outcomes, and how does this sit with society’s sense of fairness? Diane Coyle illustrates the ways economic ideas are the product of their historical context, and how events in turn shape economic thought. She includes many real-world examples of policies, both good and bad. Readers will learn that there are no panaceas for policy problems, but there is a practical set of theories and empirical findings that can help policymakers navigate dilemmas and trade-offs. The decisions faced by officials or politicians are never easy, but economic insights can clarify the choices to be made and the evidence that informs those choices. Coyle covers issues such as digital markets and competition policy, environmental policy, regulatory assessments, public-private partnerships, nudge policies, universal basic income, and much more. Markets, State, and People offers a new way of approaching public economics. A focus on markets and institutions Policy ideas in historical context Real-world examples How economic theory helps policymakers tackle dilemmas and choices

The New Economics

Author : Steve Keen
Publisher : John Wiley & Sons
ISBN 13 : 1509545301
Total Pages : 141 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis The New Economics by : Steve Keen

Download or read book The New Economics written by Steve Keen and published by John Wiley & Sons. This book was released on 2021-11-11 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1517, Martin Luther nailed his 95 theses to the wall of Wittenberg church. He argued that the Church’s internally consistent but absurd doctrines had pickled into a dogmatic structure of untruth. It was time for a Reformation. Half a millennium later, Steve Keen argues that economics needs its own Reformation. In Debunking Economics, he eviscerated an intellectual church – neoclassical economics – that systematically ignores its own empirical untruths and logical fallacies, and yet is still mysteriously worshipped by its scholarly high priests. In this book, he presents his Reformation: a New Economics, which tackles serious issues that today's economic priesthood ignores, such as money, energy and ecological sustainability. It gives us hope that we can save our economies from collapse and the planet from ecological catastrophe. Performing this task with his usual panache and wit, Steve Keen’s new book is unmissable to anyone who has noticed that the economics Emperor is naked and would like him to put on some clothes.

GDP

Author : Diane Coyle
Publisher : Princeton University Press
ISBN 13 : 1400873630
Total Pages : 181 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis GDP by : Diane Coyle

Download or read book GDP written by Diane Coyle and published by Princeton University Press. This book was released on 2015-09-22 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: How GDP came to rule our lives—and why it needs to change Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013—or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008—just as the world’s financial system went into meltdown? And why was Greece’s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country’s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives—but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country’s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.

What’s Wrong with Economics?

Author : Robert Skidelsky
Publisher : Yale University Press
ISBN 13 : 0300252765
Total Pages : 243 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis What’s Wrong with Economics? by : Robert Skidelsky

Download or read book What’s Wrong with Economics? written by Robert Skidelsky and published by Yale University Press. This book was released on 2020-04-28 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: A passionate and informed critique of mainstream economics from one of the leading economic thinkers of our time This insightful book looks at how mainstream economics’ quest for scientific certainty has led to a narrowing of vision and a convergence on an orthodoxy that is unhealthy for the field, not to mention the societies which base policy decisions on the advice of flawed economic models. Noted economic thinker Robert Skidelsky explains the circumstances that have brought about this constriction and proposes an approach to economics which includes philosophy, history, sociology, and politics. Skidelsky’s clearly written and compelling critique takes aim at the way that economics is taught in today’s universities, where a focus on modelling leaves students ill-equipped to grapple with what is important and true about human life. He argues for a return to the ideal set out by John Maynard Keynes that the economist must be a “mathematician, historian, statesman, [and] philosopher” in equal measure.

Bettering Humanomics

Author : Deirdre Nansen McCloskey
Publisher : University of Chicago Press
ISBN 13 : 0226826511
Total Pages : 158 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Bettering Humanomics by : Deirdre Nansen McCloskey

Download or read book Bettering Humanomics written by Deirdre Nansen McCloskey and published by University of Chicago Press. This book was released on 2023-06-05 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Cloud Empires

Author : Vili Lehdonvirta
Publisher : MIT Press
ISBN 13 : 0262548380
Total Pages : 291 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Cloud Empires by : Vili Lehdonvirta

Download or read book Cloud Empires written by Vili Lehdonvirta and published by MIT Press. This book was released on 2024-02-06 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rise of the platform economy into statelike dominance over the lives of entrepreneurs, users, and workers. The early Internet was a lawless place, populated by scam artists who made buying or selling anything online risky business. Then Amazon, eBay, Upwork, and Apple established secure digital platforms for selling physical goods, crowdsourcing labor, and downloading apps. These tech giants have gone on to rule the Internet like autocrats. How did this happen? How did users and workers become the hapless subjects of online economic empires? The Internet was supposed to liberate us from powerful institutions. In Cloud Empires, digital economy expert Vili Lehdonvirta explores the rise of the platform economy into statelike dominance over our lives and proposes a new way forward. Digital platforms create new marketplaces and prosperity on the Internet, Lehdonvirta explains, but they are ruled by Silicon Valley despots with little or no accountability. Neither workers nor users can “vote with their feet” and find another platform because in most cases there isn’t one. And yet using antitrust law and decentralization to rein in the big tech companies has proven difficult. Lehdonvirta tells the stories of pioneers who helped create—or resist—the new social order established by digital platform companies. The protagonists include the usual suspects—Amazon founder Jeff Bezos, Travis Kalanick of Uber, and Bitcoin’s inventor Satoshi Nakamoto—as well as Kristy Milland, labor organizer of Amazon’s Mechanical Turk, and GoFundMe, a crowdfunding platform that has emerged as an ersatz stand-in for the welfare state. Only if we understand digital platforms for what they are—institutions as powerful as the state—can we begin the work of democratizing them.

The League of Seven

Author : Alan Gratz
Publisher : Macmillan
ISBN 13 : 076533822X
Total Pages : 353 pages
Book Rating : 4.7/5 (653 download)

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Book Synopsis The League of Seven by : Alan Gratz

Download or read book The League of Seven written by Alan Gratz and published by Macmillan. This book was released on 2014-08-19 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: When an alternate 1875 steam-driven America rediscovers electricity, the lifeblood of the Mangleborn monsters, and the secret society to protect humanity from the Mangleborn is compromised, twelve-year-old Archie must assemble a team of seven young heroes to save the world.

The Soulful Science

Author : Diane Coyle
Publisher : Princeton University Press
ISBN 13 : 9780691136233
Total Pages : 305 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis The Soulful Science by : Diane Coyle

Download or read book The Soulful Science written by Diane Coyle and published by Princeton University Press. This book was released on 2010 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: "For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true - especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life." "This revised edition incorporates the latest developments in the field, including the rise of behavioral finance, the failure of carbon trading, and the growing trend of government bailouts. She also discusses such major debates as the relationship between economic statistics and presidential elections, the boundary between private choice and public action, and who is to blame for today's banking crisis." --Book Jacket.

Sex, Drugs, & Economics

Author : Diane Coyle
Publisher : Texere
ISBN 13 : 9781587991820
Total Pages : 0 pages
Book Rating : 4.9/5 (918 download)

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Book Synopsis Sex, Drugs, & Economics by : Diane Coyle

Download or read book Sex, Drugs, & Economics written by Diane Coyle and published by Texere. This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this refreshing look at economics and its relevance, the author shows how to apply economic principles to headline issues from sex, drugs, arms, and music to energy, movies, farming, the Internet and AIDS.

Beyond Self-Interest

Author : Krzysztof Pelc
Publisher : Oxford University Press
ISBN 13 : 0197620930
Total Pages : 289 pages
Book Rating : 4.1/5 (976 download)

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Book Synopsis Beyond Self-Interest by : Krzysztof Pelc

Download or read book Beyond Self-Interest written by Krzysztof Pelc and published by Oxford University Press. This book was released on 2022-05-09 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative retelling of the workings of self-interest in contemporary market society, which claims the world increasingly belongs to passionates, obsessives, and fanatics: those who do things for their own sake, rather than as means to other ends. In our capitalist market society, we have come to accept that the way to get ahead is through strong will, grit, and naked ambition. This belief has served us well: it has contributed to making our affluent societies affluent. But does the premise still hold? As Krzysztof Pelc argues in Beyond Self-Interest, this default assumption no longer captures reality. There is a limit to the returns of calculation, planning, and resolve, and in a growing number of settings, this limit has been reached. The true idols of market society, he contends, are those who disavow their self-interest, or at least appear to do so: eco-conscious entrepreneurs, media moguls with a mission, and modern-day artisans catering to a well-educated and ever more socially conscious population of consumers. Increasingly, those who prosper do so by spurning prosperity, or by convincing others that they are instead pursuing purpose, passion, love of craft-anything but their own self-advancement. This is the paradox of intention, and it is increasingly defining our lives. Pelc tells the story of this paradox from its unlikely emergence among a group of British thinkers in the early 19th century to its development over the next two centuries, as it was successively picked up by philosophers, novelists, social scientists, and, ultimately, capitalists themselves. All of whom arrived at a common realization: the appearance of disinterest pays, but only if it is believable-which presents the self-interested among us with a tricky problem. Drawing on three centuries of thought about commercial society and the people living in it, this richly researched account of the cycles of capitalism does not naively suggest that we should reject the market. Rather, it calls on us to treat economic growth once more as its earliest theorists did: as a formidable tool of human development, instead of an end in itself.

Thinking Like an Economist

Author : Elizabeth Popp Berman
Publisher : Princeton University Press
ISBN 13 : 0691248885
Total Pages : 344 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Thinking Like an Economist by : Elizabeth Popp Berman

Download or read book Thinking Like an Economist written by Elizabeth Popp Berman and published by Princeton University Press. This book was released on 2023-08-08 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.

Understanding the World Economy

Author : Tony Cleaver
Publisher : Psychology Press
ISBN 13 : 0415244056
Total Pages : 279 pages
Book Rating : 4.4/5 (152 download)

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Book Synopsis Understanding the World Economy by : Tony Cleaver

Download or read book Understanding the World Economy written by Tony Cleaver and published by Psychology Press. This book was released on 2002 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition has been updated to take account of current developments in this area of economics. Building on the first edition, the overall structure is retained whilst new topic boxes and up-to-date examples add to its accessibility.

The Cogs of Alusura

Author : Sidney Lotto
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781519684981
Total Pages : 274 pages
Book Rating : 4.6/5 (849 download)

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Book Synopsis The Cogs of Alusura by : Sidney Lotto

Download or read book The Cogs of Alusura written by Sidney Lotto and published by Createspace Independent Publishing Platform. This book was released on 2015-12-15 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cogs of Alusura is a steam punk adventure following the exploits Eleanor and Simon Braider. As they travel the land of Alusura hunting down their rogue teammates who have killed the King and Queen, they uncover a dark secret that will shake their country to the core and push their very marriage to the brink. Along the way they must fend off hordes of ferocious, elemental fungus monsters that prowl the night and feed on those who leave the safety of Alusura's walled cities.

The Bath Monster

Author : Colin Boyd
Publisher : Andersen Press USA
ISBN 13 : 1512404551
Total Pages : 32 pages
Book Rating : 4.5/5 (124 download)

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Book Synopsis The Bath Monster by : Colin Boyd

Download or read book The Bath Monster written by Colin Boyd and published by Andersen Press USA. This book was released on 2016-03-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: As your bath water drains, that slurping sound it makes is the Bath Monster—dirty bath water is his SECOND favorite food. No one wants to find out what his FIRST favorite food is . . . until Jackson decides he doesn't believe in the Bath Monster anymore and refuses to take a bath ever again. Starving, the Bath Monster visits Jackson for his FIRST favorite food . . . Thank goodness it's not little kids, but mud pies!

Mutant Chronicles

Author : Matt Forbeck
Publisher : Del Rey
ISBN 13 : 0345509757
Total Pages : 290 pages
Book Rating : 4.3/5 (455 download)

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Book Synopsis Mutant Chronicles by : Matt Forbeck

Download or read book Mutant Chronicles written by Matt Forbeck and published by Del Rey. This book was released on 2008-09-30 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: “It will be a dangerous mission. I don’t expect that any of us will survive. But it’s a chance to save mankind, to save our world. Maybe the last chance.” By the end of the twenty-third century, Earth is a plague-ridden, war-ravaged cesspool dominated by megacorporations whose ruthless armies fight one another for power and for the very scarce resources there are left. Capitol fighters Mitch Hunter and Nathan Rooker are battling the opposing forces of the Bauhaus corporation when a cannon blast exposes and destroys an ancient stone seal in the ground. From the bowels of the Earth crawl hordes of necromutants with razorlike boneblades for arms, hideous humanoids that thrive and multiply by commandeering the bodies of dying soldiers. Mitch barely escapes– only to discover that both the rise of the mutants and the “Deliverer” who will save humanity have been prophesied. Unless Mitch and a group of warriors from each of the megacorporations succeed in reaching the hidden horrors and wiping out the mutant scourge, ouir world will literally become a hell on Earth. Now a major motion picture

The Economics of Enough

Author : Diane Coyle
Publisher : Princeton University Press
ISBN 13 : 1400838118
Total Pages : 355 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Economics of Enough by : Diane Coyle

Download or read book The Economics of Enough written by Diane Coyle and published by Princeton University Press. This book was released on 2011-02-14 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why our economy is cheating the future—and what we can do about it The world's leading economies are facing not just one but many crises. The financial meltdown may not be over, climate change threatens major global disruption, economic inequality has reached extremes not seen for a century, and government and business are widely distrusted. At the same time, many people regret the consumerism and social corrosion of modern life. What these crises have in common, Diane Coyle argues, is a reckless disregard for the future—especially in the way the economy is run. How can we achieve the financial growth we need today without sacrificing a decent future for our children, our societies, and our planet? How can we realize what Coyle calls "the Economics of Enough"? Running the economy for tomorrow as well as today will require a wide range of policy changes. The top priority must be ensuring that we get a true picture of long-term economic prospects, with the development of official statistics on national wealth in its broadest sense, including natural and human resources. Saving and investment will need to be encouraged over current consumption. Above all, governments will need to engage citizens in a process of debate about the difficult choices that lie ahead and rebuild a shared commitment to the future of our societies. Creating a sustainable economy—having enough to be happy without cheating the future—won't be easy. But The Economics of Enough starts a profoundly important conversation about how we can begin—and the first steps we need to take.