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Wild Problems
From the host of EconTalk, a guide to decision-making when you can't crunch the numbers Algorithms and apps analyze data and tell you how to beat the traffic, what books to buy, what music to listen to, and even who to date—often with great results. But what do you do when you face the big decisions of life—the "wild problems" of who to marry, whether to have children, where to move, how to forge a life well-lived—that can’t be solved by measurement or calculation? In Wild Problems, beloved host of EconTalk Russ Roberts offers puzzled rationalists a way to address these wild problems. He suggests spending less time and energy on the path that promises the most happiness, and more tim...
How Adam Smith Can Change Your Life
'A fun, fascinating, and original book that will challenge you to become a better version of yourself' Daniel H. Pink, author of Drive What does it take to be truly happy? Should we pursue fame and fortune or the respect of our friends and family? How can we make the world a better place? Two hundred and fifty years ago, Adam Smith addressed these fundamental questions in his life-long project, The Theory of Modern Sentiments. Dwarfed by the success of Smith's masterpiece The Wealth of Nations, The Theory of Modern Sentiments has been virtually forgotten. But when Russ Roberts finally picked up the epic tome, he realized he'd stumbled upon the greatest self-help book that almost no one has read. In How Adam Smith Can Change Your Life, Roberts reinvigorates the neglected classic to unearth a treasure trove of timeless, practical wisdom that cuts to the core of what it means to be human. It will challenge you to think about the way you treat others, the decisions you make in pursuit of happiness, and your place in the world.
Summary of Russ Roberts's Wild Problems
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The decision to have a child is not a matter of economics, data, or rationality. The decision to have a child is a wild problem. The decision to have a child is what I call a tame problem, one that can be solved by importing help from other challenges we’ve faced and solving them. But the big decisions in life—whether to marry, who to marry, whether to have children, what career path to take—cannot be made with data or rational thought. These decisions must be made through a different lens. #2 To make important decisions, you must not think like a rational person. Instead, you must think like a child, an animal, or a tree. #3 The decision to have a child is not a matter of economics, data, or rationality. It is a wild problem that can be solved by importing help from other challenges we’ve faced and solving them. But the big decisions in life—whether to marry, who to marry, what career path to take—cannot be made with data or rational thought. They must be made through a different lens.
The Invisible Heart
A lively, unorthodox look at economics, business, and public policy told in the form of a novel. A love story that embraces the business and economic issues of the day? The Invisible Heart takes a provocative look at business, economics, and regulation through the eyes of Sam Gordon and Laura Silver, teachers at the exclusive Edwards School in Washington, D.C. Sam lives and breathes capitalism. He thinks that most government regulation is unnecessary or even harmful. He believes that success in business is a virtue. He believes that our humanity flourishes under economic freedom. Laura prefers Wordsworth to the Wall Street Journal. Where Sam sees victors, she sees victims. She wants the gove...
The Price of Everything
Stanford University student Ramon Fernandez is outraged when a nearby megastore hikes its prices the night after an earthquake. But he crosses paths with provost and economics professor Ruth Lieber when he plans a campus protest against the price-gouging retailer - which also happens to be a major university donor.
How Adam Smith Can Change Your Life
A forgotten book by one of history's greatest thinkers reveals the surprising connections between happiness, virtue, fame, and fortune. Adam Smith may have become the patron saint of capitalism after he penned his most famous work, The Wealth of Nations. But few people know that when it came to the behavior of individuals—the way we perceive ourselves, the way we treat others, and the decisions we make in pursuit of happiness—the Scottish philosopher had just as much to say. He developed his ideas on human nature in an epic, sprawling work titled The Theory of Moral Sentiments. Most economists have never read it, and for most of his life, Russ Roberts was no exception. But when he finall...
The Choice
A revolutionary treatment of the major topics of international trade including comparative advantage, tariff quotas, dumping, industrial policy, managed trade and the welfare effects of trade on a nations economy.
The Choice
Free of economic jargon, The Choice gives the reader a new perspective on how international trade affects business and our daily lives." "The Choice explores a wide array of global economic issues from tariffs and quotas to the lives of unemployed workers and their children."--BOOK JACKET.
The Great Depression and the New Deal: A Very Short Introduction
The New Deal shaped our nation's politics for decades, and was seen by many as tantamount to the "American Way" itself. Now, in this superb compact history, Eric Rauchway offers an informed account of the New Deal and the Great Depression, illuminating its successes and failures. Rauchway first describes how the roots of the Great Depression lay in America's post-war economic policies--described as "laissez-faire with a vengeance"--which in effect isolated our nation from the world economy just when the world needed the United States most. He shows how the magnitude of the resulting economic upheaval, and the ineffectiveness of the old ways of dealing with financial hardships, set the stage ...
The Revolt of The Public and the Crisis of Authority in the New Millennium
How insurgencies—enabled by digital devices and a vast information sphere—have mobilized millions of ordinary people around the world. In the words of economist and scholar Arnold Kling, Martin Gurri saw it coming. Technology has categorically reversed the information balance of power between the public and the elites who manage the great hierarchical institutions of the industrial age: government, political parties, the media. The Revolt of the Public tells the story of how insurgencies, enabled by digital devices and a vast information sphere, have mobilized millions of ordinary people around the world. Originally published in 2014, The Revolt of the Public is now available in an updated edition, which includes an extensive analysis of Donald Trump’s improbable rise to the presidency and the electoral triumphs of Brexit. The book concludes with a speculative look forward, pondering whether the current elite class can bring about a reformation of the democratic process and whether new organizing principles, adapted to a digital world, can arise out of the present political turbulence.
