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A living form of money results in the unraveling of the world.
From acclaimed economists George Akerlof and Robert Shiller, the case for why government is needed to restore confidence in the economy The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide. In this book, acclaimed economists George Akerlof and Robert Shiller challenge the economic wisdom that got us into this mess, and put forward a bold new vision that will transform economics and restore prosperity. Akerlof and Shiller reassert the necessity of an active government role in economic policymaking by recovering the idea of animal spirits, a term John Maynard Keynes used to describe the gloom and despondence that led to the Great Depression and the changing psychology that accompanied recovery. Like Keynes, Akerlof and Shiller know that managing these animal spirits requires the steady hand of government—simply allowing markets to work won't do it. In rebuilding the case for a more robust, behaviorally informed Keynesianism, they detail the most pervasive effects of animal spirits in contemporary economic life—such as confidence, fear, bad faith, corruption, a concern for fairness, and the stories we tell ourselves about our economic fortunes—and show how Reaganomics, Thatcherism, and the rational expectations revolution failed to account for them. Animal Spirits offers a road map for reversing the financial misfortunes besetting us today. Read it and learn how leaders can channel animal spirits—the powerful forces of human psychology that are afoot in the world economy today. In a new preface, they describe why our economic troubles may linger for some time—unless we are prepared to take further, decisive action.
A simple guide to a smarter strategy for the individual investor A Wealth of Common Sense sheds a refreshing light on investing, and shows you how a simplicity-based framework can lead to better investment decisions. The financial market is a complex system, but that doesn't mean it requires a complex strategy; in fact, this false premise is the driving force behind many investors' market "mistakes." Information is important, but understanding and perspective are the keys to better decision-making. This book describes the proper way to view the markets and your portfolio, and show you the simple strategies that make investing more profitable, less confusing, and less time-consuming. Without the burden of short-term performance benchmarks, individual investors have the advantage of focusing on the long view, and the freedom to construct the kind of portfolio that will serve their investment goals best. This book proves how complex strategies essentially waste these advantages, and provides an alternative game plan for those ready to simplify. Complexity is often used as a mechanism for talking investors into unnecessary purchases, when all most need is a deeper understanding of conventional options. This book explains which issues you actually should pay attention to, and which ones are simply used for an illusion of intelligence and control. Keep up with—or beat—professional money managers Exploit stock market volatility to your utmost advantage Learn where advisors and consultants fit into smart strategy Build a portfolio that makes sense for your particular situation You don't have to outsmart the market if you can simply outperform it. Cut through the confusion and noise and focus on what actually matters. A Wealth of Common Sense clears the air, and gives you the insight you need to become a smarter, more successful investor.
This ebook includes audio narration. Everybody has a favorite animal. Some like little white dogs or big black cats or hoppy brown bunnies best. Others prefer squishy snails or tall giraffes or sleek black panthers. With beautiful illustrations and charming personal stories, 14 children's book artists share their favorite animals and why they love them. - Eric Carle - Nick Bruel - Lucy Cousins - Susan Jeffers - Steven Kellogg - Jon Klassen - Tom Lichtenheld - Peter McCarty - Chris Raschka - Peter Sís - Lane Smith - Erin Stead - Rosemary Wells - Mo Willems
Are there barn owls in your billfold? You won't believe all the animals running around in your wallet! Ten new dollar origami models from master paper engineer Won Park will have you bending your banknotes in many new and interesting ways. This kit gives you all the practice currency you need to become adept at creating an array of cash creatures such as dolphins, giraffes, barn owls, lizards, goldfish, Dachshunds, and more! Dive into the step-by-step instruction book and enjoy detailed diagrams and colorful photos to help you perfect each crease and fold. Dollar Animal Origami is a great way to leave an impression with a tip at a restaurant, or just to amaze your friends!
An exploration of animal spirituality and the ability of animals to communicate with humans even in the afterlife • 2019 Coalition of Visionary Resources Gold Award and Industry Choice and Peoples Choice Award • Chronicles the author’s profound relationship with her dog, Brio, his ability to read her mind and emotions, and the messages she received from him after his death • Shares the author’s research with animal communicators, psychics, and scientists specializing in animal intelligence such as Rupert Sheldrake • Explores animals’ thoughts and feelings, interspecies communication and telepathy, animal souls and the afterlife, and animal reincarnation • Paper with French flaps Looking for companionship after a near-fatal car crash, Elena Mannes, an award-winning television journalist and producer, decided to get her first dog. But what she found with her dog Brio shook the foundations of her physical and spiritual worlds, sending her on a quest to discover the nature of his spiritual origins and to contemplate and seek out the possibility of interspecies communication--even after death. Soon after bringing her puppy home, Mannes realized that the master-companion relationship would not be possible with Brio, who quickly showed that he had a mind--and a spirit--of his own. A healer Mannes visited immediately focused on Brio, exclaiming that he was an old soul. Mannes’s growing curiosity about the intelligence, emotions, and consciousness of Brio and other dogs led her to contact an animal psychic in California who described, with amazing accuracy, Brio’s favorite walks and the author’s apartment from the dog’s point of view. Motivated by her experience, Mannes produced a filmed segment with Diane Sawyer featuring the same psychic, who described Sawyer’s country house and her dog’s favorite spots in the yard. Mannes’s skeptical journalist background compelled her to investigate further. She delved into the world of animal communicators, psychics, and scientists studying animal intelligence, including Rupert Sheldrake, to find answers to her multiplying questions: Do animals have thoughts and feelings? Consciousness? Souls? Is interspecies communication possible? Can animals reincarnate? Spanning the entire life and afterlife of Brio, including his last days and his messages to the author after he passed on, this book also explores Mannes’ investigations into the spiritual life of animals, offering a new understanding of the unbreakable bond between humans and animals. Mannes invites readers to move beyond the owner-pet relationship and shows us how to see animals as thinking, feeling, spiritual beings whose connections with us extend far beyond life and death.
Animal experimentation has been one of the most controversial areas of animal use, mainly due to the intentional harms inflicted upon animals for the sake of hoped-for benefits in humans. Despite this rationale for continued animal experimentation, shortcomings of this practice have become increasingly more apparent and well-documented. However, these limitations are not yet widely known or appreciated, and there is a danger that they may simply be ignored. The 51 experts who have contributed to Animal Experimentation: Working Towards a Paradigm Change critically review current animal use in science, present new and innovative non-animal approaches to address urgent scientific questions, and offer a roadmap towards an animal-free world of science.
Heard about the fish that clean shark teeth? Or the frog that lives with a tarantula? Welcome to the weird world of symbiosis—where animals form incredible relationships. Macken Murphy, host of the popular animal podcast Species, introduces his favourite symbiotic relationships in his first kids’ nonfiction book, Animal Sidekicks. Along the way he explains the cool science behind the baffling behaviour of some animals—from friendly alliances to pesky parasites. Alongside him, illustrator Dragan Kordic skillfully brings to life head-scratching relationships in nature, including: • The crab that wears a sea urchin as a hat • The bat that goes to bed inside a plant • The warthog that likes a mongoose massage You’ll even find out about symbiotic relationships including YOU! (Hint—is your head ever itchy?) By the end of the book you won’t look at nature in the same way again!
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
The case that launched the animal rights movement. Working undercover at a research laboratory in 1981, Alex Pacheco's discoveries led to the first criminal prosecution for animal cruelty against a medical researcher.