Author: Michael J. Mauboussin
Publisher: Harvard Business Review Press
Release Date: 2012-10-16
Genre: Business & Economics
“Much of what we experience in life results from a combination of skill and luck.” — From the Introduction The trick, of course, is figuring out just how many of our successes (and failures) can be attributed to each—and how we can learn to tell the difference ahead of time. In most domains of life, skill and luck seem hopelessly entangled. Different levels of skill and varying degrees of good and bad luck are the realities that shape our lives—yet few of us are adept at accurately distinguishing between the two. Imagine what we could accomplish if we were able to tease out these two threads, examine them, and use the resulting knowledge to make better decisions. In this provocative book, Michael Mauboussin helps to untangle these intricate strands to offer the structure needed to analyze the relative importance of skill and luck. He offers concrete suggestions for making these insights work to your advantage. Once we understand the extent to which skill and luck contribute to our achievements, we can learn to deal with them in making decisions. The Success Equation helps us move toward this goal by: • Establishing a foundation so we better understand skill and luck, and can pinpoint where each is most relevant • Helping us develop the analytical tools necessary to understand skill and luck • Offering concrete suggestions about how to take these findings and put them to work Showcasing Mauboussin’s trademark wit, insight, and analytical genius, The Success Equation is a must-read for anyone seeking to make better decisions—in business and in life.
Author: Robert G. Hagstrom
Publisher: Columbia University Press
Release Date: 2013-01-08
Genre: Business & Economics
Robert G. Hagstrom is one of the best-known authors of investment books for general audiences. Turning his extensive experience as a portfolio manager at Legg Mason Capital Management into valuable guidance for professionals and nonprofessionals alike, he is the author of six successful books on investment, including The Warren Buffett Way, a New York Times best-seller that has sold more than a million copies. In this updated second edition of Investing: The Last Liberal Art, Hagstrom explores basic and fundamental investing concepts in a range of fields outside of economics, including physics, biology, sociology, psychology, philosophy, and literature. He discusses, for instance, how the theory of evolution disrupts the notion of the efficient market and how reading strategies for literature can be gainfully applied to investing research. Building on Charlie Munger's famous "latticework of mental models" concept, Hagstrom argues that it is impossible to make good investment decisions based solely on a strong knowledge of finance theory alone. He reinforces his concepts with additional data and a new chapter on mathematics, and updates his text throughout to reflect the developments of the past decade, particularly the seismic economic upheaval of 2008. He has also added a hundred new titles to the invaluable reading list concluding the book. Praise for the first edition: "I read this book in one sitting: I could not put it down."—Peter L. Bernstein, author of Against the Gods: The Remarkable Story of Risk "Elegant and irresistible. Robert G. Hagstrom makes the complex clear as he confidently crisscrosses through the disciplines of finance, biology, physics, and literature. The only way to understand investing better, [Investing] shows, is to understand the world better. Ideas spark off the page at every turn. This is simply a gem of a book."—James Surowiecki, New Yorker "Investing is a brisk and engaging read, and it is a pleasure to be in the presence of Hagstrom's agile mind."—International Herald Tribune
This engaging volume explores the management of fire in one of the world’s most flammable landscapes: Australia’s tropical savannas, where on average 18% of the landscape is burned annually. Impacts have been particularly severe in the Arnhem Land Plateau, a centre of plant and animal diversity on Indigenous land. Culture, Ecology and Economy of Fire Management in North Australian Savannas documents a remarkable collaboration between Arnhem Land’s traditional landowners and the scientific community to arrest a potentially catastrophic fire-driven decline in the natural and cultural assets of the region – not by excluding fire, but by using it better through restoration of Indigenous control over burning. This multi-disciplinary treatment encompasses the history of fire use in the savannas, the post-settlement changes that altered fire patterns, the personal histories of a small number of people who lived most of their lives on the plateau and, critically, their deep knowledge of fire and how to apply it to care for country. Uniquely, it shows how such knowledge and commitment can be deployed in conjunction with rigorous formal scientific analysis, advanced technology, new cross-cultural institutions and the emerging carbon economy to build partnerships for controlling fire at scales that were, until this demonstration, thought beyond effective intervention.
Author: P. H. Brazier
Publisher: Wipf and Stock Publishers
Release Date: 2013-05-03
C. S. Lewis--On the Christ of a Religious Economy I, Creation and Sub-Creation opens with Lewis on creation, the fall into original sin, and the human condition before God and how such an understanding permeated all his work, post-conversion. For Lewis, Christ, the second person of the Trinity, is the agent of creation and its redeemer. This leads into Lewis's representation through sub-creation: explaining salvation history and the purpose of the creation and the creature through story (The Chronicles of Narnia, The Space Trilogy, Screwtape, etc.), but also the question of multiple incarnations, and the encounters he pens between Aslan-Christ and creatures. What does this tell us about the human predicament and our state after the fall? This volume forms the first part of the third book in a series of studies on the theology of C. S. Lewis titled C. S. Lewis: Revelation and the Christ. The books are written for academics and students, but also, crucially, for those people, ordinary Christians, without a theology degree who enjoy and gain sustenance from reading Lewis's work.
In today's world – despite the dramatic anthropogenic environmental changes – a proper understanding of the relationship between humanity and nature requires a certain detachment. The pressing problems in their whole extent will only be fully understood and solved with comprehensive and patient analysis. Accordingly, this book develops new perspectives on fundamental questions of biology, ecology, and the economy, integrated within a framework of a terminology specially devised by the authors. By illuminating the epistemological backgrounds of ecological-economic research, the authors lay foundations for interdisciplinary environmental research and offer guidelines for practical action. In close contact to the findings of present-day biology and economics, they demonstrate the fruitfulness as well as the shortcomings of modern science for the understanding of the proper place of humankind in nature. Many of the book's central concepts are rooted in a tradition whose origins go back to European philosophy and literature of the 17th Century. Frequently current problems in the fields of economics, ecology, politics, philosophy and biology are discussed in a kind of "dialogue" with thinkers and poets like Bacon, Quesnay, Kant, Goethe and Novalis. This approach of the book, known in Continental European Philosophy as hermeneutics, offers a ‘map’, rather than marking out a specific course. On the other hand, the book offers traits of the Anglo-Saxon tradition of thought: a precise, analytical approach to theory and a pragmatic approach to action. Both approaches are used by the authors complementarily. Thus the authors lay the foundations for an ecological economical and political practice which is able to tackle concrete environmental problems on an encompassing and long-term basis. This translated volume will be of great use and interest to students of ecology, economics and in particular environmental education, sustainable development and environmental ethics.
Author: John Laurent
Publisher: Edward Elgar Publishing
Release Date: 2001-01-01
Genre: Biography & Autobiography
This outstanding collection of essays by leading scholars helps explain how evolutionary economics has come of age. They show how evolutionary economics offers a progressive and diverse research agenda built on strong foundations. These are essays of lasting value. J. Stanley Metcalfe, University of Manchester, UK Darwinism is fast becoming an orthodoxy of modern thought, a framework within which a wide range of knowledge communities conduct their discourse. Ever since its formation, Darwinian theory has experienced a close, though not always comfortable, association with economics. Evolutionary economists now appear to show little concern for the consistency of knowledge in their embrace of Darwinism. Darwinism and Evolutionary Economics brings together contributions from eminent authors who, building on Darwin s own insights and on developments in evolutionary theory, offer challenging views on how economics can use evolutionary ideas effectively. This collection of critical essays provides a thorough examination of the application of Darwinian theory to economic thought, and will appeal to evolutionary economists and all those with an interest in Darwin, innovation and evolutionary science.
Author: Mark Blaug
Publisher: Cambridge University Press
Release Date: 1997-03-27
Genre: Business & Economics
This is a history of economic thought from Adam Smith to John Maynard Keynes--but it is a history with a difference. Firstly, it is history of economic theory, not of economic doctrines. Secondly, it includes detailed Reader's Guides to nine of the major texts of economics in the effort to encourage students to become acquainted at first hand with the writings of all the great economists. This fifth edition adds new Reader's Guides to Walras' Elements of Pure Economics and Keynes' General Theory of Employment, Interest and Money as well as major additions to the chapters on marginal productivity theory, general equilibrium theory and welfare economics.
Author: M. Sicard
Release Date: 2012-11-09
Genre: Business & Economics
Brand Revolution offers a radical new approach to brand management. With big brand case studies including L'Oreal and Jaguar, the author draws on her extensive experience as a marketing consultant to put together this highly engaging and practical book for developing, improving and controlling the identity of your brand.
“This one’s worth reading. Trust me.” —Daniel Gilbert, PhD, bestselling author of Stumbling on Happiness Issues of trust come attached to almost every human interaction, yet few people realize how powerfully their ability to determine trustworthiness predicts future success. David DeSteno’s cutting-edge research on reading trust cues with humanoid robots has already excited widespread media interest. In The Truth About Trust, the renowned psychologist shares his findings and debunks numerous popular beliefs, including Paul Zak’s theory that oxytocin is the “moral molecule.” From education and business to romance and dieting, DeSteno’s fascinating, paradigm-shifting book offers new insights and practical takeaways that will forever change how readers understand, communicate, and make decisions in every area of life.
Author: Francis Fukuyama
Publisher: Profile Books
Release Date: 2014-09-25
Genre: Political Science
In The Origins of Political Order, Francis Fukuyama took us from the dawn of mankind to the French and American Revolutions. Here, he picks up the thread again in the second instalment of his definitive account of mankind's emergence as a political animal. This is the story of how state, law and democracy developed after these cataclysmic events, how the modern landscape - with its uneasy tension between dictatorships and liberal democracies - evolved and how in the United States and in other developed democracies, unmistakable signs of decay have emerged. If we want to understand the political systems that dominate and order our lives, we must first address their origins - in our own recent past as well as in the earliest systems of human government. Fukuyama argues that the key to successful government can be reduced to three key elements: a strong state, the rule of law and institutions of democratic accountability. This magisterial account is required reading for anyone wishing to know more about mankind's greatest achievements.