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The Myth Of Money A Special Theory Of Economic Relativity
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Book Synopsis The Myth of Money: A Special Theory of Economic Relativity by : William Bernstein
Download or read book The Myth of Money: A Special Theory of Economic Relativity written by William Bernstein and published by . This book was released on 2020-04-17 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today we are suddenly living in a way that is very unusual for most of us. As we examine aspects of our lives that we might never have considered before, maybe we're thinking about the crucial need for money, and what that means. Which is real: people or money? Early humans began using objects to represent value, and a change came when an abstract entity called "money" began to represent certain value. A rock or gem is physical. Money is not. This treatise asks, "Is there a better way?" Note: If you think money is more important than people, this book might not be for you. We rely on a thing-money-that is as abstract as any human emotion. In this book we wonder whether we are now able to transcend the idea of basing so much on something that is so abstract that it is often represented by numbers in a computer software system somewhere. What is the difference between governments giving a billion dollars, a trillion dollars, or more? If money is created to represent the future value of productivity and services, do we need the extra step of using money as a representation of the value of food, housing, etc.? Maybe there's a better way. Note: There is another author who has written a great deal on economic issues, William J. Bernstein. If that's who you're looking for... wrong author.
Book Synopsis Money Or Santa Claus by : William Bernstein
Download or read book Money Or Santa Claus written by William Bernstein and published by . This book was released on 2017-09-21 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: How real is money? What, exactly, is money? In this an easily readable, quick look at money, William Bernstein questions money itself and offers a concise, insightful examination of the problem of money, an abstract construct that has no more or less value than what we assign to it. He reminds us that we are the ones that give value to what we call "money"Money defies a concrete definition. It can be exchanged for goods and services but is neither. It takes the form of paper and metal but can be as ephemeral as numbers transferred from one computer to another. People spend lifetimes accruing numbers in stocks, savings, and investments. Those who "own" the most money are seen as successful; those who don't are condemned to lives of hardship. Bernstein strips the illusion away, using simple language for those of us who aren't economists. Is money truly essential for our society, and does it do more harm than good? Adam Smith, whose book "The Wealth of Nations" is the foundation for much of the economic theory that Americans believe we are following, said in that book; "All for ourselves, and nothing for other people, seems, in every age of the world, to have been the vile maxim of the masters of mankind." The Wealth of Nations, Adam Smith
Book Synopsis The Meaning of Money by : Bill Bernstein
Download or read book The Meaning of Money written by Bill Bernstein and published by Createspace Independent Publishing Platform. This book was released on 2017-09-21 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: What, exactly, is money? Money defies a concrete definition. It can be exchanged for goods and services but is neither. It takes the form of paper and metal currencies but can be as ephemeral as numbers transferred from one computer to another. Bill Bernstein questions money itself and offers a concise, insightful examination of the problem of money, an abstract construct that has no more or less value than what we assign to it. Digging into the foundations of economic systems, he questions how we use money, why we use it, and if, indeed, the concept does more harm than good. Originally created to assign value to things, money now has value of its own. People spend lifetimes accruing numbers in stocks, savings, and investments. Those who "own" the most money are seen as successful; those who don't are condemned to lives of hardship. It seems an odd obsession, this insistence on the importance of an illusionary idea. Bernstein strips the illusion away, using simple language for those of us who aren't economists. Is money truly essential for a society, and if not, what are the alternatives?
Book Synopsis The Theory of Money and Credit by : Ludwig Von Mises
Download or read book The Theory of Money and Credit written by Ludwig Von Mises and published by Tribeca Books. This book was released on 2011-10 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Original 1912 Edition. (English Translation first published 1934.) Economist and philosopher, Ludwig von Mises present his "Theory of Money and Credit" by first looking at the nature and value of money, why there is a demand for money, and how it is used as currency. He goes on to explain the purchasing power of money and how it determines economic and monetary policy, often in a way that results in financial melt-downs. Ludwig Heinrich Edler von Mises (September 29, 1881 - October 10, 1973) was an Austrian-American economist, historian, philosopher, author, and classical liberal who had a significant influence on the modern free-market libertarian movement and the Austrian School. The Theory of Money and Credit is an economics book written by Ludwig von Mises, originally published in German as Theorie des Geldes und der Umlaufsmittel in 1912. Along with Carl Menger's Principles of Economics, and Eugen von Böhm-Bawerk's Capital and Interest, this work was a major contribution to economic theory. Its first English translation was published in 1934, and Part Four was added by Mises to the English language edition in 1953. In this work, Mises looks at the nature and value of money, and its effect on determining monetary policy. Included is his regression theorem, that tries to explain why money is demanded in its own right, as moneys at first glance do not serve a consumable need. Mises explained that moneys only can come about after there has been a demand for the money commodity in a barter economy. The German word Umlaufsmittel literally translates as "means of circulation" and was translated into the text of the English version as "fiduciary media." However, the publisher thought the unusual terminology would irritate readers and substituted "money and credit" in the title, thereby losing the specific distinction Mises had made in selecting his original term.
Download or read book Rationing Earth written by Herb Bentz and published by FriesenPress. This book was released on 2016-12-12 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our economy has spiralled out of control with too much focus on the quantity of production. The way to reduce this wasteful overproduction of goods and services is to increase their quality. In this groundbreaking book, industrial designer Herb Bentz explains how to fix the economy and break the environment versus economy deadlock. Bentz tells us how the use of good design can improve the quality of what we produce and how a beneficial growth in quality can substitute for the destructive increase in quantity. Tying together many diverse aspects of the economy--economic growth, unemployment, the welfare state, and the need to ration--Rationing Earth provides a critical analysis and a way forward at this crucial moment. Despite high wealth in rich countries, there is still poverty and inadequate funding for social programs. This unjustified austerity has resulted in a persistence of economic insecurity, the proliferation of poor quality products, and inadequate action on environmental problems. Bentz provides an economic solution from a designer's perspective. By using elements of design thinking to achieve an overarching synthesis of the world's challenging problems, including effectiveness of government, the opposing demands of capital and labour, positive and negative effects of technology, and the absolute boundaries of a finite earth, he presents practical solutions to the conflicting needs for economic growth, full employment, and reduced consumption. In each of these areas, Rationing Earth addresses the toughest questions: How will we adapt to less economic growth? How do we solve unemployment? What is the proper role of government? And how can we create an economy that effectively rations scarce resources without reducing prosperity? Bentz blends an entertaining style with a concise but broad analysis that is provocative, informative, and pertinent to anyone interested in economic change that has a positive impact on the environment.
Book Synopsis Who Guards the Guardians? by : Peter Raine
Download or read book Who Guards the Guardians? written by Peter Raine and published by University Press of America. This book was released on 2003 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the modern era, solutions to many environmental problems appear to be beyond the reach of a dialogue based solely on argumentation, dialectics, and the presentation of 'evidence.' The purpose of this study is to construct a bridge between incommensurable ways of perceiving reality, a bridge that can facilitate dialogue across worldview boundaries on environmental issues. This book attempts to link ecology, philosophy, and theology through an exploration of a new model of intercultural dialogue. Case studies provide practical and theoretical applications, which lead to a deeper understanding of not only environmental guardianships but also the fundamental relationship between human beings and nature's being. This book attempts to link ecology, philosophy, and theology through an exploration of a new model of intercultural dialogue. Case studies provide practical and theoretical applications, which lead to a deeper understanding of not only environmental guardianships but also the fundamental relationship between human beings and nature's being.
Download or read book Priceless written by William Poundstone and published by Hill and Wang. This book was released on 2010-01-05 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prada stores carry a few obscenely expensive items in order to boost sales for everything else (which look like bargains in comparison). People used to download music for free, then Steve Jobs convinced them to pay. How? By charging 99 cents. That price has a hypnotic effect: the profit margin of the 99 Cents Only store is twice that of Wal-Mart. Why do text messages cost money, while e-mails are free? Why do jars of peanut butter keep getting smaller in order to keep the price the "same"? The answer is simple: prices are a collective hallucination. In Priceless, the bestselling author William Poundstone reveals the hidden psychology of value. In psychological experiments, people are unable to estimate "fair" prices accurately and are strongly influenced by the unconscious, irrational, and politically incorrect. It hasn't taken long for marketers to apply these findings. "Price consultants" advise retailers on how to convince consumers to pay more for less, and negotiation coaches offer similar advice for businesspeople cutting deals. The new psychology of price dictates the design of price tags, menus, rebates, "sale" ads, cell phone plans, supermarket aisles, real estate offers, wage packages, tort demands, and corporate buyouts. Prices are the most pervasive hidden persuaders of all. Rooted in the emerging field of behavioral decision theory, Priceless should prove indispensable to anyone who negotiates.
Book Synopsis The Evolution of Money by : David Orrell
Download or read book The Evolution of Money written by David Orrell and published by Columbia University Press. This book was released on 2016-06-14 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The sharing economy's unique customer-to-company exchange is possible because of the way in which money has evolved. These transactions have not always been as fluid as they are today, and they are likely to become even more fluid. It is therefore critical that we learn to appreciate money's elastic nature as deeply as do Uber, Airbnb, Kickstarter, and other innovators, and that we understand money's transition from hard currencies to cryptocurrencies like Bitcoin if we are to access their cooperative potential. The Evolution of Money illuminates this fascinating reality, focusing on the tension between currency's real and abstract properties and advancing a vital theory of money rooted in this dual exchange. It begins with the debt tablets of Mesopotamia and follows with the development of coin money in ancient Greece and Rome, gold-backed currencies in medieval Europe, and monetary economics in Victorian England. The book ends in the digital era, with the cryptocurrencies and service providers that are making the most of money's virtual side and that suggest a tectonic shift in what we call money. By building this organic time line, The Evolution of Money helps us anticipate money's next, transformative role.
Book Synopsis Islamic Economics and Finance by : Masudul Alam Choudhury
Download or read book Islamic Economics and Finance written by Masudul Alam Choudhury and published by Emerald Group Publishing. This book was released on 2011-01-27 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a scholarly work on the foundations of the role that the moral and ethical law plays on human enterprise comprising economics, finance, society and science. Divided into three parts, theoretical, empirical and application, the study covers a vast area of socio-scientific investigation and is extensively comparative in perspective.
Book Synopsis Proceedings of the Annual Meeting of the Pacific Collegiate Economic and Commercial Conference by : Western Economic Association
Download or read book Proceedings of the Annual Meeting of the Pacific Collegiate Economic and Commercial Conference written by Western Economic Association and published by . This book was released on 1939 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Bulletin of the Atomic Scientists by :
Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1979-03 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Robert Eisler and the Magic of the Combinatory Mind by : Brian Collins
Download or read book Robert Eisler and the Magic of the Combinatory Mind written by Brian Collins and published by Springer Nature. This book was released on 2021-01-04 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robert Eisler, the polymathic Jewish Austrian scholar and Holocaust survivor, faded into obscurity after his death in 1949. A contemporary and associate of Walter Benjamin, Aby Warburg, and Gershom Scholem, Eisler spent his early years in fin-de-siècle Vienna and trained as an art historian and economist. In this book, the first in English devoted to Eisler’s life and thought, Brian Collins takes us through the development of Eisler’s ideas about the philosophy of values, comparative mythology, Christianity, psychoanalysis, monetary policy, and anthropology. Collins also explores the bizarre and sometimes tragic events that defined Eisler’s life, including his arrest for art theft in 1907, his controversial reconstruction of a physical description of Jesus, and the fifteen months he spent in Dachau and Buchenwald, the inspiration for his final book, Man into Wolf: An Anthropological Interpretation of Sadism, Masochism, and Lycanthropy.
Book Synopsis Research Handbook of Finance and Sustainability by : Sabri Boubaker
Download or read book Research Handbook of Finance and Sustainability written by Sabri Boubaker and published by Edward Elgar Publishing. This book was released on 2018 with total page 681 pages. Available in PDF, EPUB and Kindle. Book excerpt: The severe consequences of the global financial crisis 2008-2009 and numerous accounting frauds and financial scandals over the last fifteen years have let to calls for more ethical and responsible actions in all economic activities including consumption, investing, governance and regulation. Despite the fact that ethics in business and corporate social responsibility rules have been adopted in various countries, more efforts have to be devoted to motivate and empower more actors to integrate ethical behavior and rules in making business and managerial decisions. The Research Handbook of Finance and Sustainability will provide the readers but particularly investors, managers, and policymakers with comprehensive coverage of the issues at the crossroads of finance, ethics and sustainable development as well as proposed solutions, while focusing on three different levels: corporations, investment funds, and financial markets.
Book Synopsis The Politics of Public Money by : David A. Good
Download or read book The Politics of Public Money written by David A. Good and published by University of Toronto Press. This book was released on 2014-01-01 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: David A. Good's The Politics of Public Money examines the extent to which the Canadian federal budgetary process is shifting from one based on a bilateral relationship between departmental spenders and central guardians to one based on a more complex, multilateral relationship involving a variety of players.
Book Synopsis Profiting from Monetary Policy by : T. Aubrey
Download or read book Profiting from Monetary Policy written by T. Aubrey and published by Springer. This book was released on 2016-04-30 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis has led to a decade of poor returns for pension schemes and lower retirement incomes. Credit-based investment strategies that track the business cycle, are allowing preservation of investors' capital. This book provides analysis and investment strategy plans to generate equity-like-returns with bond like volatility.
Book Synopsis Politics of Public Money, Second Edition by : David A. Good
Download or read book Politics of Public Money, Second Edition written by David A. Good and published by University of Toronto Press. This book was released on 2014-02-05 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public money is one of the primary currencies of influence for politicians and public servants. It affects the standards by which they undertake the nation’s business and impacts the standard of living of the nation’s citizens. David A. Good’s The Politics of Public Money examines the extent to which the Canadian federal budgetary process is shifting from one based on a bilateral relationship between departmental spenders and central guardians to one based on a more complex, multilateral relationship involving a variety of players. This new edition offers an up-to-date account of the Canadian system, including the creation of the Parliamentary Budget Officer, the government’s response to the global financial crisis, Canada’s Economic Action Plan, strategic and operating reviews, the most recent attempts to reform the Estimates, and much more. An insightful and incisive study of the changing budgetary process, The Politics of Public Money examines the promises and pitfalls of budgetary reform and sheds new light on the role insiders play in influencing government spending.
Download or read book Journal of Economic Literature written by and published by . This book was released on 1993 with total page 1336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
