The Paradox Of Thrift

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In CHEAP We Trust

Author : Lauren Weber
Publisher : Little, Brown
ISBN 13 : 031608204X
Total Pages : 214 pages
Book Rating : 4.3/5 (16 download)

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Book Synopsis In CHEAP We Trust by : Lauren Weber

Download or read book In CHEAP We Trust written by Lauren Weber and published by Little, Brown. This book was released on 2009-09-07 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cheap suit. Cheap date. Cheap shot. It's a dirty word, an epithet laden with negative meanings. It is also the story of Lauren Weber's life. As a child, she resented her father for keeping the heat at 50 degrees through the frigid New England winters and rarely using his car's turn signals-to keep them from burning out. But as an adult, when she found herself walking 30 blocks to save $2 on subway fare, she realized she had turned into him. In this lively treatise on the virtues of being cheap, Weber explores provocative questions about Americans' conflicted relationship with consumption and frugality. Why do we ridicule people who save money? Where's the boundary between thrift and miserliness? Is thrift a virtue or a vice during a recession? And was it common sense or obsessive-compulsive disorder that made her father ration the family's toilet paper? In answering these questions, In Cheap We Trust offers a colorful ride through the history of frugality in the United States. Readers will learn the stories behind Ben Franklin and his famous maxims, Hetty Green (named "the world's greatest miser" by the Guinness Book of Records) and the stereotyping of Jewish and Chinese immigrants as cheap. Weber also explores contemporary expressions and dilemmas of thrift. From Dumpster-diving to economist John Maynard Keynes's "Paradox of Thrift" to today's recession-driven enthusiasm for frugal living, In Cheap We Trust teases out the meanings of cheapness and examines the wisdom and pleasures of not spending every last penny.

Puzzles and Paradoxes in Economics

Author : Mark Skousen
Publisher :
ISBN 13 :
Total Pages : 236 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Puzzles and Paradoxes in Economics by : Mark Skousen

Download or read book Puzzles and Paradoxes in Economics written by Mark Skousen and published by . This book was released on 1998 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes 50 paradoxes that challenge or have challenged both economists and others. Among them are the fairness of market wages, the alleged gold absurdity, the Irish potato famine, the paradox of thrift, the perversity of Wall Street, why the best crops are shipped out of state, whether teachers are underpaid, whether studying economics makes people immoral, and whether war is good for the economy. References are provided to each. Assumes no special knowledge of economics. Annotation copyrighted by Book News, Inc., Portland, OR

The Paradox of Fiscal Austerity

Author : Justin Vélez-Hagan
Publisher : Rowman & Littlefield
ISBN 13 : 1498571948
Total Pages : 223 pages
Book Rating : 4.4/5 (985 download)

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Book Synopsis The Paradox of Fiscal Austerity by : Justin Vélez-Hagan

Download or read book The Paradox of Fiscal Austerity written by Justin Vélez-Hagan and published by Rowman & Littlefield. This book was released on 2019-12-12 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: If governments followed the optimal fiscal policy path, surpluses in good times would counter necessary deficits during economic downturns, leading to worldwide balance. The world, however, has chosen to go in a different direction in recent decades, avoiding thrift in light of a decidedly more indebted future. When financial crises kicked off a global recession in 2008, the spotlight placed on countries’ fiscal conditions put pressure on policymakers around the globe to find a way to slow the growth of deficits and debt by imposing fiscal consolidations (or, more simply, austerity). How have these policies fared across the developed world? Were they even necessary to begin with? This book examines the many factors that have contributed to the success (or failure) of such policies, including timing, magnitude, accompanying policies, composition, and more, while explaining the economic rationale behind their choices.

General Theory Of Employment , Interest And Money

Author : John Maynard Keynes
Publisher : Atlantic Publishers & Dist
ISBN 13 : 9788126905911
Total Pages : 410 pages
Book Rating : 4.9/5 (59 download)

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Book Synopsis General Theory Of Employment , Interest And Money by : John Maynard Keynes

Download or read book General Theory Of Employment , Interest And Money written by John Maynard Keynes and published by Atlantic Publishers & Dist. This book was released on 2016-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning

Economics on Trial

Author : Mark Skousen
Publisher : McGraw-Hill Professional Publishing
ISBN 13 :
Total Pages : 332 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economics on Trial by : Mark Skousen

Download or read book Economics on Trial written by Mark Skousen and published by McGraw-Hill Professional Publishing. This book was released on 1991 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Politically Incorrect Guide to Capitalism

Author : Robert P. Murphy
Publisher : Simon and Schuster
ISBN 13 : 1596986174
Total Pages : 244 pages
Book Rating : 4.5/5 (969 download)

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Book Synopsis Politically Incorrect Guide to Capitalism by : Robert P. Murphy

Download or read book Politically Incorrect Guide to Capitalism written by Robert P. Murphy and published by Simon and Schuster. This book was released on 2007-04-09 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most commonly accepted economic "facts" are wrong Here's the unvarnished, politically incorrect truth. The liberal media and propagandists masquerading as educators have filled the world--and deformed public policy--with politically correct errors about capitalism and economics in general. In The Politically Incorrect Guide(tm) to Capitalism, myth-busting professor Robert P. Murphy, a scholar and frequent speaker at the Ludwig von Mises Institute, cuts through all their nonsense, shattering liberal myths and fashionable socialist cliches to set the record straight.

The Fable of the Bees : Or, Private Vices, Publick Benefits

Author : Bernard Mandeville
Publisher :
ISBN 13 :
Total Pages : 570 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis The Fable of the Bees : Or, Private Vices, Publick Benefits by : Bernard Mandeville

Download or read book The Fable of the Bees : Or, Private Vices, Publick Benefits written by Bernard Mandeville and published by . This book was released on 1806 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Keynes Hayek: The Clash that Defined Modern Economics

Author : Nicholas Wapshott
Publisher : W. W. Norton & Company
ISBN 13 : 039308311X
Total Pages : 423 pages
Book Rating : 4.3/5 (93 download)

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Book Synopsis Keynes Hayek: The Clash that Defined Modern Economics by : Nicholas Wapshott

Download or read book Keynes Hayek: The Clash that Defined Modern Economics written by Nicholas Wapshott and published by W. W. Norton & Company. This book was released on 2011-10-11 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: “I defy anybody—Keynesian, Hayekian, or uncommitted—to read [Wapshott’s] work and not learn something new.”—John Cassidy, The New Yorker As the stock market crash of 1929 plunged the world into turmoil, two men emerged with competing claims on how to restore balance to economies gone awry. John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision. From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.

The Paradox of Choice

Author : Barry Schwartz
Publisher : Harper Collins
ISBN 13 : 0061748994
Total Pages : 308 pages
Book Rating : 4.0/5 (617 download)

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Book Synopsis The Paradox of Choice by : Barry Schwartz

Download or read book The Paradox of Choice written by Barry Schwartz and published by Harper Collins. This book was released on 2009-10-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

The Keynesian Revolution and Our Empty Economy

Author : Victor V. Claar
Publisher : Springer
ISBN 13 : 303015808X
Total Pages : 348 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis The Keynesian Revolution and Our Empty Economy by : Victor V. Claar

Download or read book The Keynesian Revolution and Our Empty Economy written by Victor V. Claar and published by Springer. This book was released on 2019-04-06 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the cultural legacy of the Keynesian Revolution in economics. It assesses the impact of Keynes and Keynesian thinking upon economics and policy, as well as the response of the Chicago and Austrian schools, and the legacy of all three in shaping economic life. The book is a call to restore economics to its roots in moral and cultural knowledge, reminding us that human beings are more than consumers. The Keynesian Revolution taught us that we should be happy if we are prosperous, but instead we feel hollow and morally anxious – our economy feels empty. Drawing on paradigms from earlier historical periods while affirming modern market systems, this book encourages a return to a view of human beings as persons with the right and responsibility to discover, and do, the things in life that are intrinsically good and enduring. Because in the long run, the legacy of our choices will continue long after “we’re all dead.”

Classical Macroeconomics

Author : James C.W. Ahiakpor
Publisher : Routledge
ISBN 13 : 1134742037
Total Pages : 278 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Classical Macroeconomics by : James C.W. Ahiakpor

Download or read book Classical Macroeconomics written by James C.W. Ahiakpor and published by Routledge. This book was released on 2003-05-22 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes failed to correctly interpret classic economic concepts, and dismissed the classical explanations and conclusions as being irrelevant to the world in which we live. The trauma of the Great Depression and Keynes's changed definition of economic concepts, aided by Eugen Bhm-Bawerk, have made it difficult for modern economists to

Your Ad Ignored Here

Author : Tom Fishburne
Publisher :
ISBN 13 : 9780999070314
Total Pages : 214 pages
Book Rating : 4.0/5 (73 download)

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Book Synopsis Your Ad Ignored Here by : Tom Fishburne

Download or read book Your Ad Ignored Here written by Tom Fishburne and published by . This book was released on 2017-10-24 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Tom is the David Ogilvy of cartooning." --Seth Godin, author of Purple Cow From the birth of social media to digital advertising to personal branding, marketing has transformed in the past 15 years. Capturing these quintessential moments in marketing is Marketoonist, a popular cartoon series from veteran marketer Tom Fishburne. Your Ad Ignored Here collects nearly 200 of these hilarious and apt depictions of modern marketing life on the 15th anniversary of the series. Fishburne began to doodle his observations in 2002 when working in the trenches of marketing. Initially intended for co-workers, they are now read by hundreds of thousands of marketers every week. The cartoons' popularity stem not only from their deft reflections on latest trends, but their witty summary of the shared experiences of marketing -- handling a PR crisis, giving creative feedback to an agency, or avoiding idea killers in innovation. Your Ad Ignored Here gives voice to the challenges and opportunities faced by people working in business everywhere. Readers regularly inquire if Fishburne is spying on them at work. Whether or not you work in marketing, these cartoons will make you laugh ... and think about our rapidly evolving world of work. Tom Fishburne started drawing cartoons on the backs of business cases as a student at Harvard Business School. Fishburne's cartoons have grown by word of mouth to reach hundreds of thousands of marketers every week and have been featured by The Wall Street Journal, Fast Company, and The New York Times. His cartoons have appeared on a billboard ad in Times Square, helped win a Guinness World Record, and turned up in a top-secret NSA presentation released by Edward Snowden. Fishburne draws (literally and figuratively) from 20 years in the marketing trenches in the US and Europe. He was Marketing VP at Method Products, Interim CMO at HotelTonight, and worked in brand management for Nestlé and General Mills. Fishburne developed web sites and digital campaigns for interactive agency iXL in the late 90s and started his marketing career selling advertising space for the first English-language magazine in Prague. In 2010, Fishburne expanded Marketoonist into a marketing agency focused on the unique medium of cartoons. Since 2010, Marketoonist has developed visual content marketing campaigns for businesses such as Google, IBM, Kronos, and LinkedIn. Fishburne is a frequent keynote speaker on marketing, innovation, and creativity, using cartoons, case studies, and his marketing career to tell the story visually. Fishburne lives and draws near San Francisco with his wife and two daughters. All of his cartoons and observations are posted at marketoonist.com. Advance Praise for Your Ad Ignored Here "If marketing kept a diary, this would be it." --Ann Handley, Chief Content Officer of MarketingProfs "Laugh and learn at the same time. BTW, if you don't laugh, you're clueless, and the cartoon is about you." --Guy Kawasaki, Chief evangelist of Canva, Mercedes-Benz brand ambassador "Tom Fishburne has a knack for marketing humor (and truth) like no other." --Lee Odden, CEO, TopRank Marketing "Any great piece of comedy is funny because its true. Well, no one has gathered marketing truths through painfully awkward insights and hilarious delivery the way Tom has." --Ron Tite, Author, Everyone's An Artist (Or At Least They Should Be)

Cognitive Capitalism

Author : Yann Moulier-Boutang
Publisher : Polity
ISBN 13 : 0745647324
Total Pages : 258 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis Cognitive Capitalism by : Yann Moulier-Boutang

Download or read book Cognitive Capitalism written by Yann Moulier-Boutang and published by Polity. This book was released on 2011 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that we are undergoing a transition from industrial capitalism to a new form of capitalism - what the author calls & lsquo; cognitive capitalism & rsquo;

The General Theory of Employment, Interest and Money

Author : John Maynard Keynes
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (17 download)

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Book Synopsis The General Theory of Employment, Interest and Money by : John Maynard Keynes

Download or read book The General Theory of Employment, Interest and Money written by John Maynard Keynes and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Midas Paradox

Author : Scott B. Sumner
Publisher :
ISBN 13 : 9781598131505
Total Pages : 0 pages
Book Rating : 4.1/5 (315 download)

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Book Synopsis The Midas Paradox by : Scott B. Sumner

Download or read book The Midas Paradox written by Scott B. Sumner and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic historians have made great progress in unraveling the causes of the Great Depression, but not until Scott Sumner came along has anyone explained the multitude of twists and turns the economy took. In The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression, Sumner offers his magnum opus--the first book to comprehensively explain both monetary and non-monetary causes of that cataclysm. Drawing on financial market data and contemporaneous news stories, Sumner shows that the Great Depression is ultimately a story of incredibly bad policymaking--by central bankers, legislators, and two presidents--especially mistakes related to monetary policy and wage rates. He also shows that macroeconomic thought has long been captive to a false narrative that continues to misguide policymakers in their quixotic quest to promote robust and sustainable economic growth. The Midas Paradox is a landmark treatise that solves mysteries that have long perplexed economic historians, and corrects misconceptions about the true causes, consequences, and cures of macroeconomic instability. Like Milton Friedman and Anna J. Schwartz's A Monetary History of the United States, 1867-1960, it is one of those rare books destined to shape all future research on the subject.

Boom and Bust Banking

Author : David M. Beckworth
Publisher :
ISBN 13 : 9781598130768
Total Pages : 0 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis Boom and Bust Banking by : David M. Beckworth

Download or read book Boom and Bust Banking written by David M. Beckworth and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring the forceful renewal of the boom-and-bust cycle after several decades of economic stability, this book is a research-based review of the factors that caused the 2008 recession. It offers cutting-edge diagnoses of the recession and prescriptions on how to boost the economy from leading economists. The book concentrates on the Federal Reserve and its leading role in creating the economic boom and recession of the 2000s. Aimed at professional economists and readers well versed in the basic workings of the economy, it includes innovative proposals on how to avoid future boom-and-bust cycles.

Dissent on Keynes

Author : Mark Skousen
Publisher : Praeger
ISBN 13 :
Total Pages : 272 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Dissent on Keynes by : Mark Skousen

Download or read book Dissent on Keynes written by Mark Skousen and published by Praeger. This book was released on 1992-03-19 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Published under the auspices of the Ludwig von Mises Institute." Includes bibliographical references (p. [225]-243) and index.