Genre : Business & Economics
Publisher : PublicAffairs
ISBN_10 : 9781610394932
Copyright Year : 2016-06-07
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What is a market? To most people it is a shopping center or an abstract space in which stock prices vary minutely. In reality, a market is something much more fundamental to being human, and it affects not just the price of tomatoes but the boundaries of everything we value. Reading the newspapers these days, you could be forgiven for thinking that markets are getting ever more efficient—and better. But as Tim Sullivan and Ray Fisman argue in this insightful book, that view is far from complete. For one thing, efficiency isn't always a good thing—illegal markets are very often more efficient than legal ones, because they are free of concern for laws and human rights. But even more importantly, the chatter about efficiency has obscured a much broader conversation about what kind of economic exchange we actually want. Every regulation, every sticker price, and every sale is part of an ever-changing ecosystem—one that affects us as much as we affect it. By tracing 50 years of economic thought on this subject, Fisman and Sullivan show how markets have evolved—and how we can keep making them better. This leads to fascinating and surprising insights, such as: Why your $10,000 used car is likely to sell for $2,000 or less; Why you should think twice before buying batteries on Amazon; and Why it's essential that healthy people buy medical insurance. In the end, The Inner Lives of Markets argues for a new way of thinking about how you spend your money—it shows that every transaction you make is part of a grand social experiment. We are all guinea pigs running through a lab maze, and the sooner we realize it, the more effectively we can navigate the path we want.

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Genre : Business & Economics
Publisher : Springer Nature
ISBN_10 : 9783030184162
Copyright Year : 2019-08-21
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The most damning criticism of markets is that they are morally corrupting. As we increasingly engage in market activity, the more likely we are to become selfish, corrupt, rapacious and debased. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies. This book explores whether or not engaging in market activities is morally corrupting. Storr and Choi demonstrate that people in market societies are wealthier, healthier, happier and better connected than those in societies where markets are more restricted. More provocatively, they explain that successful markets require and produce virtuous participants. Markets serve as moral spaces that both rely on and reward their participants for being virtuous. Rather than harming individuals morally, the market is an arena where individuals are encouraged to be their best moral selves. Do Markets Corrupt Our Morals? invites us to reassess the claim that markets corrupt our morals.

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đź“’ Corruption by Ray Fisman

Genre : Political Science
Publisher : Oxford University Press
ISBN_10 : 9780190463991
Copyright Year : 2017-03-01
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Corruption regularly makes front page headlines: public officials embezzling government monies, selling public offices, and trading bribes for favors to private companies generate public indignation and calls for reform. In Corruption: What Everyone Needs to Know®, renowned scholars Ray Fisman and Miriam A. Golden provide a deeper understanding of why corruption is so damaging politically, socially, and economically. Among the key questions examined are: is corruption the result of perverse economic incentives? Does it stem from differences in culture and tolerance for illicit acts of government officials? Why don't voters throw corrupt politicians out of office? Vivid examples from a wide range of countries and situations shed light on the causes of corruption, and how it can be combated.

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đź“’ Business Ethics by Richard A. Spinello

Genre : Business & Economics
Publisher : SAGE Publications
ISBN_10 : 9781506368061
Copyright Year : 2019-01-24
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File Download : 520
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The future of the free market depends on fair, honest business practices. Business Ethics: Contemporary Issues and Cases aims to deepen students’ knowledge of ethical principles, corporate social responsibility, and decision-making in all aspects of business. The text presents an innovative approach to ethical reasoning grounded in moral philosophy. Focusing on corporate purpose—creating economic value, complying with laws and regulations, and observing ethical standards—a decision-making framework is presented based upon Duties-Rights-Justice. Over 40 real-world case studies allow students to grapple with a wide range of moral issues related to personal integrity, corporate values, and global capitalism. Richard A. Spinello delves into the most pressing issues confronting businesses today including sexual harassment in the workplace, cybersecurity, privacy, and environmental justice.

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Genre : Consumer behavior
Publisher :
ISBN_10 : 1444788604
Copyright Year : 2016-06-09
File Format : All Formats
File Download : 224
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What is a market? To most people it is a shopping center or an abstract space in which stock prices vary minutely. In reality, a market is something much more fundamental to being human, and it affects not just the price of tomatoes but the boundaries of everything we value. Reading the newspapers these days, you could be forgiven for thinking that markets are getting ever more efficient--and better. But as Tim Sullivan and Ray Fisman argue in this insightful book, that view is far from complete. For one thing, efficiency isn't always a good thing--illegal markets are very often more efficient than legal ones, because they are free of concern for laws and human rights. But even more importantly, the chatter about efficiency has obscured a much broader conversation about what kind of economic exchange we actually want. Every regulation, every sticker price, and every sale is part of an ever-changing ecosystem--one that affects us as much as we affect it. By tracing 50 years of economic thought on this subject, Fisman and Sullivan show how markets have evolved--and how we can keep making them better. This leads to fascinating and surprising insights, such as: Why your $10,000 used car is likely to sell for $2,000 or less; Why you should think twice before buying batteries on Amazon; and Why it's essential that healthy people buy medical insurance. In the end, The Inner Lives of Markets argues for a new way of thinking about how you spend your money--it shows that every transaction you make is part of a grand social experiment. We are all guinea pigs running through a lab maze, and the sooner we realize it, the more effectively we can navigate the path we want.

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đź“’ Cultural Economics by Emma Coleman Jordan

Genre : Business & Economics
Publisher :
ISBN_10 : STANFORD:36105114570778
Copyright Year : 2006
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File Download : 371
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This book provides an always fascinating exploration of culture race, gender and identity in the marketplace, providing a structured conversation about some of the most difficult issues of the economic valuation of culture and indeed the very meaning of cultural subordination. We consider four central questions: Can economic behavior be understood without an attentive account of the cultural context in which economic transactions occur? We criticize the failure of neoclassical economics to integrate explicitly the cultural variables of ordinary life into the models of economic measurement and the assumptions of economic reasoning. We argue that these "thin" models are devoid of the important differences of culture, language, and identity. We identify instead a more complex set of ideas that incorporate culture and its tension with commerce. What is the impact of racial dominance on the ownership and control of cultural property? Do the financial arrangements in the entertainment industry determine whether racial and cultural minorities will ever achieve self-sufficiency? We are fascinated by the artists whose labor as musicians, painters, singers, songwriters and actors enrich our daily lives. Yet, these cultural stars often live lives of economic desperation after their turn in the spotlight has ended. What is the effect of royalty payment systems is and of corporate structures that frequently under compensate, and even cheat these aging stars of the current revenue generated by the contributions they made in their youth? Lastly, attention is given to the dynamics of the market valuation of the human capital components of language, hairstyle, sexual difference, and culturally significant garb. Does control of these modes of expressive autonomy depress the wages and opportunities for advancement of workers who do not choose to assimilate with the dominant culture? More important, are cultural styles associated with subordinated groups so devalued by the majority that non-assimilationists must pay an economic penalty for their personal preference to seek harmony between their inner lives and their outer appearance.

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đź“’ Mind In Animals by Ludwig BĂĽchner

Genre : Animal intelligence
Publisher :
ISBN_10 : UOM:39015005169357
Copyright Year : 1880
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"If the author of this book had had to choose a title for it after it was written he would have called it "A Romance of the Animal World." For the contents both seem and are romantic and wonderful, although--with the exception of such doubtful or possibly doubtful observations as are given on the authority of the writer himself--there is nothing therein which does not rest on scientific investigation or on the evidence of trustworthy observers, who, at different times and in different places, have had co-incident experiences, and whose accounts bear the stamp of sober research, and are the simple description of things they actually saw. But as histories (of nations as of individuals), related just as they really happened and still are daily happening, are full of more wonderful and more startling occurrences, of grander tragedy and more irresistible comedy, of more apparently impossible and incredible things and events than are told in fiction, and leave far behind them the boldest fancies of poets and novelists, so it is also with nature; she is wont, the more we peer into her secrets, to bring the most marvelous, the mightiest and the most "astonishing forms out of the simplest and the least differentiated. That "Mind in Animals" especially is in reality a far other, higher and more complex thing than had hitherto been generally conceived, and indeed than the ruling schools of philosophy desired (and still desire) to admit, can be unknown to none who is acquainted with animals, not alone from hearsay and from philosophic writings, but from his own intercourse with them, from his own observation, or from the works and teachings of real and unprejudiced observers. For such observation furnishes continually, and with overwhelming fullness, the most startling and incontrovertible examples and proofs, that between the thinking, willing, and feeling of men and of animals there is the most striking similarity, and often a mere difference of degree. But even among comparatively educated people it has been little thought and felt that this rule applies also to those classes of animals which appear to be so far below us as those treated of in the present work; our intellectual vanity will have to submit to bitter humiliation and rebuke in contemplating the proceedings--or the societies and deeds--of these unjustly despised, but yet, in spite of their minuteness, wonderful creatures. But the greater the humiliation from the one point of view, the greater from the other is the satisfaction arising from the renewed proof of the sublime unity of Nature; and hence that the same intellectual or spiritual principle, call it reason, understanding, soul, instinct, or propensity, pervades the whole organised series, even if in the most manifold modifications and variations, from below to above, from above to below"--Preface. (PsycINFO Database Record (c) 2010 APA, all rights reserved).

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đź“’ Black Markets by Michele Goodwin

Genre : Law
Publisher : Cambridge University Press
ISBN_10 : 9780521852807
Copyright Year : 2006-03-27
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In America, in direct response to indefinite delays on the national transplantation waitlists and an inadequate supply of organs, a growing number of terminally ill Americans are turning to international underground markets and coordinators or brokers for organs. Chinese inmates on death-row and the economically disadvantaged in India and Brazil are the often compromised co-participants in the private negotiation process, which occurs outside the legal process - or in the shadows of law. These individuals supply kidneys and other organs for Americans and other Westerners willing to shop and pay in the private process. This book contends that exclusive reliance on the present altruistic tissue and organ procurement processes in the United States is not only rife with problems, but also improvident. The author explores how the altruistic approach leads to a 'black market' of organs being harvested from Third World individuals as well as compelled donations from children and incompetent persons.

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Genre : Business & Economics
Publisher : PublicAffairs
ISBN_10 : 9781610395700
Copyright Year : 2019-01-15
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The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called "surveillance capitalism," and the quest by powerful corporations to predict and control our behavior. In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behavior modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth. Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new "behavioral futures markets," where predictions about our behavior are bought and sold, and the production of goods and services is subordinated to a new "means of behavioral modification." The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a "Big Other" operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff's comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled "hive" of total connection that seduces with promises of total certainty for maximum profit--at the expense of democracy, freedom, and our human future. With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future--if we let it.

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đź“’ Grand Pursuit by Sylvia Nasar

Genre : Biography & Autobiography
Publisher : Simon and Schuster
ISBN_10 : 9780684872995
Copyright Year : 2011
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Traces how the works of Charles Dickens and Henry Mayhew reflected the poor majority in mid-nineteenth-century London, citing the achievements of such influential figures as John Maynard Keyes, Paul Samuelson, and Amartya Sen.

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