The Inner Lives of Markets

The Inner Lives of Markets
Author: Ray Fisman
Publisher: PublicAffairs
Total Pages: 225
Release: 2016-06-07
Genre: Business & Economics
ISBN: 1610394933

America's economic revolution isn't just driven by technology. It's about markets. The past twenty-five years have witnessed a remarkable shift in how we get the stuff we want. If you've ever owned a business, rented an apartment, or shopped online, you've had a front-row seat for this revolution-in-progress. Breakthrough companies like Amazon and Uber have disrupted the old ways and made the economy work better -- all thanks to technology. At least that's how the story of the modern economy is usually told. But in this lucid, wry book, Ray Fisman and Tim Sullivan show that the revolution is bigger than tech: it is really a story about the transformation of markets. From the auction theories that power Google's ad sales algorithms to the models that online retailers use to prevent internet fraud, even the most high-tech modern businesses are empowered by theory first envisioned by economists. And we're all participants in this revolution. Every time you book a room on Airbnb, hire a car on Lyft, or click on an ad, you too are reshaping our social institutions and our lives. The Inner Lives of Markets is necessary reading for the modern world: it reveals the blueprint for how we work, live, and shop, and offers wisdom for how to do it better.

The Inner Lives of Markets

The Inner Lives of Markets
Author: Raymond Fisman
Publisher:
Total Pages: 0
Release: 2016
Genre: Consumer behavior
ISBN: 9781444788600

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.

The Inner Voice of Trading

The Inner Voice of Trading
Author: Michael Martin
Publisher: FT Press
Total Pages: 193
Release: 2012
Genre: Business & Economics
ISBN: 0132616254

Want to be a successful trader? It's not enough to master generic trading strategies: you must first know yourself. You must understand your own emotional predilections and psychological tendencies. You must learn how to match your strategies to your own personality. You must choose strategies that are sustainable over the long haul, that you can tolerate-and execute. Michael Martin's The Inner Voice of Trading explains why deep self-knowledge is so crucial to successful trading, helps you gain that self-knowledge, and guides you in applying it. Drawing on interviews and discussions with great traders like Michael Marcus and Ed Seykota, he shows how to quiet your mind, develop an "inner voice" you can rely on, and make it your most important trading ally. As seen in Barron's, Minyanville.com and HuffingtonPost.com

Life in the Financial Markets

Life in the Financial Markets
Author: Daniel Lacalle
Publisher: John Wiley & Sons
Total Pages: 325
Release: 2015-01-12
Genre: Business & Economics
ISBN: 1118914872

An accessible and thorough review of the international financial markets Life in the Financial Markets—How They Really Work And Why They Matter To You offers the financial services professional, and anyone interested in knowing more about the profession, an entertaining and comprehensive analysis of the financial markets and the financial services industry. Written by Daniel Lacalle—a noted portfolio manager with EcoFin and well-known media personality—the book goes beyond a simple summary and offers solid advice on the future of the global financial markets. This great resource also includes a review of effective strategies and forecasts the trends that represent potential opportunities for investors. The book reviews the recent history of the financial crisis and includes information on hot topics such as derivatives and high frequency trading. An in-depth section on investment banking is written from the perspective of a successful practitioner and provides clarity on several complex and overly politicized elements of the banking system. The author gives an expert's perspective on the debt markets, monetary policies, and quantitative easing, and helps explain the various issues surrounding sovereign debt, the Euro crisis, and austerity versus growth policies. Comprehensive in scope, this resource also offers an analysis of investment styles, from hedge funds to "long only" investments, as well as an in-depth look at corporate communication and its impact on markets and investments. Offers an engaging and comprehensive analysis of the financial services industry Includes information on the workings of the global financial system following the economic crisis Contains a review of complex banking systems Analyzes the various investment styles and answers the most common questions pertaining to investing

The Inner Life of Race

The Inner Life of Race
Author: Leerom Medovoi
Publisher: Duke University Press
Total Pages: 187
Release: 2024-08-09
Genre: Social Science
ISBN: 1478059796

In The Inner Life of Race, Leerom Medovoi turns away from conventional views of race as a politics of the phenotypical body to theorize race instead as a politics of populational threat. Racism’s genealogy, argues Medovoi, invokes longstanding theological distinctions between the body and the soul. While the body can be seen and marked, the soul signals potentially threatening interiorities: dangerous intentions, beliefs, or desires. Race is the power-effect of reading the body in order to police the political threat of the soul. Medovoi’s genealogy begins with medieval deployments of inquisition and confession to wage war against heretics, infidels, and their threat to the salvation of souls. In early modern Spain, these pastoral technologies of power catalyzed the invention of race as a language for the danger of formerly Jewish and Muslim converts. Medovoi shows how this discourse expanded into anti-Blackness and anti-Indigeneity throughout the colonial world and modern Europe, laying the foundation for racialized capitalism and liberal governmentality. Medovoi weaves histories of color-line racism, nativism, Islamophobia, antisemitism, and anticommunism into a pathbreaking account of the political work populational racism accomplishes.

Markets 101

Markets 101
Author: Kevin Koy
Publisher:
Total Pages: 308
Release: 1989
Genre: Business & Economics
ISBN:

The Inner Life of Empires

The Inner Life of Empires
Author: Emma Rothschild
Publisher: Princeton University Press
Total Pages: 496
Release: 2012-11-25
Genre: History
ISBN: 0691156123

The birth of the modern world as told through the remarkable story of one eighteenth-century family They were abolitionists, speculators, slave owners, government officials, and occasional politicians. They were observers of the anxieties and dramas of empire. And they were from one family. The Inner Life of Empires tells the intimate history of the Johnstones--four sisters and seven brothers who lived in Scotland and around the globe in the fast-changing eighteenth century. Piecing together their voyages, marriages, debts, and lawsuits, and examining their ideas, sentiments, and values, renowned historian Emma Rothschild illuminates a tumultuous period that created the modern economy, the British Empire, and the philosophical Enlightenment. One of the sisters joined a rebel army, was imprisoned in Edinburgh Castle, and escaped in disguise in 1746. Her younger brother was a close friend of Adam Smith and David Hume. Another brother was fluent in Persian and Bengali, and married to a celebrated poet. He was the owner of a slave known only as "Bell or Belinda," who journeyed from Calcutta to Virginia, was accused in Scotland of infanticide, and was the last person judged to be a slave by a court in the British isles. In Grenada, India, Jamaica, and Florida, the Johnstones embodied the connections between European, American, and Asian empires. Their family history offers insights into a time when distinctions between the public and private, home and overseas, and slavery and servitude were in constant flux. Based on multiple archives, documents, and letters, The Inner Life of Empires looks at one family's complex story to describe the origins of the modern political, economic, and intellectual world.

Trading in the Zone

Trading in the Zone
Author: Mark Douglas
Publisher: Penguin
Total Pages: 240
Release: 2001-01-01
Genre: Business & Economics
ISBN: 1440625417

Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.