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A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
On average, a physician will interrupt a patient describing her symptoms within eighteen seconds. In that short time, many doctors decide on the likely diagnosis and best treatment. Often, decisions made this way are correct, but at crucial moments they can also be wrong with catastrophic consequences. In this myth-shattering book, Jerome Groopman pinpoints the forces and thought processes behind the decisions doctors make. Groopman explores why doctors err and shows when and how they can with our help avoid snap judgments, embrace uncertainty, communicate effectively, and deploy other skills that can profoundly impact our health. This book is the first to describe in detail the warning sign...
Four brief stories about parents, trains, and cows, or is it really all one story? The author recommends careful inspection of words and pictures to both minimize and enhance confusion.
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Recollections of a British diplomat, who was a member of the Peace delegation of Great Britain at Paris. He wrote: "Given the atmosphere at the time, given the passions aroused in all democracies by four years of war, it would have been impossible even for supermen to devise a peace of moderation and righteousness."
While it is commonly known that Andrew Johnson was the first president to be impeached, less well known are the circumstances that led to the unsuccessful campaign to remove him from office. This account of Johnson's political life in Washington (including brief coverage of his early career in Tennessee) focuses on his conflict with the Radical Republicans, a group of fanatical abolitionists who, after Lincoln's assassination, sought to dominate American government and punish the South as harshly as possible. Johnson's focus on healing the nation and his refusal to submit to the Radicals' demands led to his impeachment. Though Johnson was acquitted, his impeachment clearly illustrates the danger when one branch of government tries to dominate the others. This chronicle of the first U.S. presidential impeachment covers in detail the political forces that nearly removed him from office. Numerous illustrations, a bibliography and an index are included.