The Myth of Money: A Special Theory of Economic Relativity PDF Download
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Author: William Bernstein Publisher: ISBN: Category : Political Science Languages : en Pages : 144
Book Description
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.
Author: William Bernstein Publisher: ISBN: Category : Political Science Languages : en Pages : 144
Book Description
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.
Author: Bill Bernstein Publisher: Createspace Independent Publishing Platform ISBN: 9781548300043 Category : Languages : en Pages : 126
Book Description
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?
Author: Stephanie Kelton Publisher: PublicAffairs ISBN: 1541736206 Category : Business & Economics Languages : en Pages : 311
Book Description
A New York Times Bestseller The leading thinker and most visible public advocate of modern monetary theory -- the freshest and most important idea about economics in decades -- delivers a radically different, bold, new understanding for how to build a just and prosperous society. Stephanie Kelton's brilliant exploration of modern monetary theory (MMT) dramatically changes our understanding of how we can best deal with crucial issues ranging from poverty and inequality to creating jobs, expanding health care coverage, climate change, and building resilient infrastructure. Any ambitious proposal, however, inevitably runs into the buzz saw of how to find the money to pay for it, rooted in myths about deficits that are hobbling us as a country. Kelton busts through the myths that prevent us from taking action: that the federal government should budget like a household, that deficits will harm the next generation, crowd out private investment, and undermine long-term growth, and that entitlements are propelling us toward a grave fiscal crisis. MMT, as Kelton shows, shifts the terrain from narrow budgetary questions to one of broader economic and social benefits. With its important new ways of understanding money, taxes, and the critical role of deficit spending, MMT redefines how to responsibly use our resources so that we can maximize our potential as a society. MMT gives us the power to imagine a new politics and a new economy and move from a narrative of scarcity to one of opportunity.
Author: Herb Bentz Publisher: FriesenPress ISBN: 1460280962 Category : Design Languages : en Pages : 312
Book Description
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.
Author: Masudul Alam Choudhury Publisher: Emerald Group Publishing ISBN: 0857247220 Category : Business & Economics Languages : en Pages : 351
Book Description
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.
Author: William Poundstone Publisher: Hill and Wang ISBN: 9781429943932 Category : Business & Economics Languages : en Pages : 352
Book Description
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.
Author: William Bernstein
Author: William Bernstein
Author: Bill Bernstein
Author: John Maynard Keynes
Author: John Maynard Keynes
Author: Stephanie Kelton
Author: Herb Bentz
Author: Masudul Alam Choudhury
Author: 
Author: William Poundstone
Author: Warren Mosler