Download or read book Market Madness written by Blake C. Clayton and published by Oxford University Press. This book was released on 2015-01-02 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stock market booms are cause for celebration. But when oil prices soar because supplies are failing to keep up with demand, the response is nearly always apocalyptic. Predictions of the end of oil can create anxiety on Wall Street and in Washington, stoking fears that production has hit a ceiling and prices will rise in perpetuity. Yet these dire visions have always proven wrong. Market Madness is the story of four waves of American anxiety over the last 100 years about a looming end to oil reserves. Their sweeping pattern-as large price increases lead to widespread shortage fears that eventually dissipate when oil production rises again and prices moderate-has defined the wild price swings in the oil market down to the present day. Blake Clayton, a Wall Street stock analyst and adjunct fellow at the Council on Foreign Relations, makes the case for the need for better information, communication and transparency. While these measures will not eliminate volatility and unpredictability completely, they would mitigate unnecessary price spikes and improve both investor and government decision-making. Market Madness is the first study to employ Nobel Laureate economist Robert Shiller's "new era economics" beyond the markets to which he famously applied it-the 1990s dot-com equity market and the mid-2000s housing market-in order to better understand the dynamics of speculative bubbles and irrationality in the commodities markets. In so doing, it breaks new ground in illuminating how mass beliefs about the future of a vital asset like oil take shape and what the future of energy may hold.
Download or read book Market Madness written by Blake C. Clayton and published by Oxford University Press, USA. This book was released on 2015 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In Market Madness, Dr. Blake Clayton, a Wall Street stock analyst and former Oxford researcher, draws on a century's worth of statistical data to offer a revolutionary new look the history of oil and future of energy. The culmination of a multi-year study, he shows how generational fears about an imminent, irreversible shortage of oil punctuate the history of oil since its earliest days. He explores the conditions in which oil supply fears arise, gain popularity, and eventually wane, and shows how important such stories can be in affecting financial markets. He links these episodes to the behavioral concept of irrational exuberance and new era economic thinking, first popularized by Nobel Laureate Yale economist Robert Shiller, to show how unfounded pessimism affects the market for oil and other exhaustible resources. Acknowledging the significant geological and structural changes the oil market has undergone over the last century, the book does not dismiss today's shortage fears out of hand, but asks what they reveal about how commodity markets function and what that means for investors and public officials. Clayton argues that the lessons to be learned from this history are the need for quality data about US and global oil reserves, the importance of clear communication from public officials about energy markets and resources, and the value of transparency in commodities markets. While these measures will not eliminate volatility and unpredictability in energy markets, he writes, they would mitigateunnecessary price spikes and improve investor and government decision-making. The book addresses popular debates in economics and finance on how mass beliefs affect financial markets while also offering a colorful narrative history for general readers about the dramatic booms and busts of the American oil industry"--
Download or read book Free Market Madness written by Peter A. Ubel and published by Harvard Business Press. This book was released on 2009-01-20 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Humans just aren't entirely rational creatures. We decide to roll over and hit the snooze button instead of going to the gym. We take out home loans we can't possibly afford. And did you know that people named Paul are more likely to move to St. Paul than other cities? All too often, our subconscious causes us to act against our own self-interest. But our free-market economy is based on the assumption that we always do act in our own self-interest. In this provocative book, physician Peter Ubel uses his understanding of psychology and behavior to show that in some cases government must regulate markets for our own health and well-being. And by understanding and controlling the factors that go into our decisions, big and small, we can all begin to stop the damage we do to our bodies, our finances, and our economy as a whole. Ubel's vivid stories bring his message home for anyone interested in improving the way our society works.
Download or read book Reefer Madness written by Eric Schlosser and published by HMH. This book was released on 2004-04-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York Times Bestseller: The shadowy world of “off the books” businesses—from marijuana to migrant workers—brought to life by the author of Fast Food Nation. America’s black market is much larger than we realize, and it affects us all deeply, whether or not we smoke pot, rent a risqué video, or pay our kids’ nannies in cash. In Reefer Madness, the award-winning investigative journalist Eric Schlosser turns his exacting eye to the underbelly of American capitalism and its far-reaching influence on our society. Exposing three American mainstays—pot, porn, and illegal immigrants—Schlosser shows how the black market has burgeoned over the past several decades. He also draws compelling parallels between underground and overground: how tycoons and gangsters rise and fall, how new technology shapes a market, how government intervention can reinvigorate black markets as well as mainstream ones, and how big business learns—and profits—from the underground. “Captivating . . . Compelling tales of crime and punishment as well as an illuminating glimpse at the inner workings of the underground economy. The book revolves around two figures: Mark Young of Indiana, who was sentenced to life in prison without parole for his relatively minor role in a marijuana deal; and Reuben Sturman, an enigmatic Ohio man who built and controlled a formidable pornography distribution empire before finally being convicted of tax evasion. . . . Schlosser unravels an American society that has ‘become alienated and at odds with itself.’ Like Fast Food Nation, this is an eye-opening book, offering the same high level of reporting and research.” —Publishers Weekly
Download or read book Marketing Madness written by Michael Jacobson and published by Routledge. This book was released on 2019-03-11 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1983, Reese's Pieces made their debut on the silver screen, gobbled up by that lovable alien ET, and sales of the candy shot up instantly by 66 percent. Reebok has sponsored the U.S. Olympic team-and the Russian team, as well! The British Boy Scouts sell space on their merit badges to advertisers. Michael Jacobson, founder of the Washington, D.C
Download or read book Markets Mobs Mayhem written by Robert Menschel and published by John Wiley & Sons. This book was released on 2002-10-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this fascinating tour through cultural, global, economic, and business history, icon of the financial world Robert Menschel explores the phenomenon of crowd psychology and its effects on business and culture. Explaining how crowd psychology creates market bubbles and irrational exuberance, Menschel mines world history—from the rise of the Nazis in Germany, to the fanatical love of brands, to the Dutch tulip craze of the seventeenth century, to America’s 1990s Internet bubble—to reveal how the behavior of crowds negatively affects the business world. Championing the causes of individuality and common sense, Markets, Mobs & Mayhem offers real wisdom for investors who want to keep their wits when everyone else is losing theirs.
Download or read book Morning Market Madness Coding With Cody written by Grellen and published by World Scientific. This book was released on 2023-01-18 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's Lily's birthday today and she's received a very special present — Cody the Robot! Cody soon proves that he can help out with a lot of things, as long as Lily uses code to teach him step by step. For his first outing, Mum takes Lily and Cody to the market to buy groceries, where they will have to break down their tasks so Cody can get the job done! Will they succeed?The Coding with Cody series introduces fundamental coding concepts to kids. Morning Market Madness teaches the basics of logical sequencing for actions to be carried out. Join Lily and Cody on their first adventure with code!
Download or read book Market Insanity written by Michael Taillard and published by Academic Press. This book was released on 2018-03-06 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market Insanity: A Brief Guide to Diagnosing the Madness in the Stock Market is an engaging and accessible primer which applies modern behavioral finance to equity markets. It helps readers understand how logical investment decisions can be betrayed by what Taillard calls "the insanity," all those behavioral quirks which cause us to achieve less than optimal utility. The book describes how limited information, habit, the rules of the game, asymmetric information and ego blend together in potentially toxic ways in market environments, thus creating bubbles, stock runs, and more prosaically, even 'normal' equity prices. In addition, the book discusses the implications of these behaviors in-depth. In so doing, it helps the reader to not only predict the madness within equity markets, but also helps them develop solutions that address and mitigate outcomes. - Provides detailed and accurate descriptions of the most relevant behavioral anomalies for finance - Entertainingly written by a veteran consultant with 15+ years experience helping companies explain anomalous finance behavior in non-economic language - Shows how educated finance professionals can use behavioral insights to help build finance solutions - Addresses the implications for equity markets in deviations from rationality paradigms - Draws on a vast range of literature in explaining anomalous behavior, including economic psychology, economic psychology, evolutionary psychology, anthropology and animal behavior
Download or read book Perfect Madness written by Judith Warner and published by Penguin. This book was released on 2006-02-07 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively and provocative look at the modern culture of motherhood and at the social, economic, and political forces that shaped current ideas about parenting What is wrong with this picture? That's the question Judith Warner asks in this national bestseller after taking a good, hard look at the world of modern parenting--at anxious women at work and at home and in bed with unhappy husbands. When Warner had her first child, she was living in Paris, where parents routinely left their children home, with state-subsidized nannies, to join friends in the evening for dinner or to go on dates with their husbands. When she returned to the States, she was stunned by the cultural differences she found toward how people think about effective parenting--in particular, assumptions about motherhood. None of the mothers she met seemed happy; instead, they worried about the possibility of not having the perfect child, panicking as each developmental benchmark approached. Combining close readings of mainstream magazines, TV shows, and pop culture with a thorough command of dominant ideas in recent psychological, social, and economic theory, Perfect Madness addresses our cultural assumptions, and examines the forces that have shaped them. Working in the tradition of classics like Betty Friedan's The Feminine Mystique and Christopher Lasch's The Culture of Narcissism, and with an awareness of a readership that turned recent hits like The Bitch in the House and Allison Pearson's I Don't Know How She Does It into bestsellers, Warner offers a context in which to understand parenting culture and the way we live, as well as ways of imagining alternatives--actual concrete changes--that might better our lives.
Download or read book High Performance Marketing written by Naras Eechambadi and published by Kaplan Publishing. This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the pressure on, marketing professionals need the best resources possible. High Performance Marketing is the essential resource - delivering tools, real-world practices and a clear six-step approach to help marketing professionals navigate today's bewildering challenges and drive gains in performance. This book should be ......
Download or read book Markets Unemployment and Economic Policy written by Philip Arestis and published by Routledge. This book was released on 2005-10-19 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume more than 40 leading economists pay tribute to, and critically evaluate, Geoff Harcourt's work. Contributors include Tony Atkinson, Tony Lawson, Edward Nell and Ian Steedman.
Download or read book The Faber Book of Madness written by Roy Porter and published by . This book was released on 1991 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is true that little is known about the mind and for that matter the mind in the state of derangement. This book does not unlock the secrets of either but it does give the reader a look into the different states and perhaps possible causes that lead to insanity. The author provides a collaboration of letters taken from history that describes the point of view of the patient and their families as well as the physicians who dealt with the patients.
Download or read book Adaptive Markets written by Andrew W. Lo and published by Princeton University Press. This book was released on 2019-05-14 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new, evolutionary explanation of markets and investor behavior Half of all Americans have money in the stock market, yet economists can’t agree on whether investors and markets are rational and efficient, as modern financial theory assumes, or irrational and inefficient, as behavioral economists believe. The debate is one of the biggest in economics, and the value or futility of investment management and financial regulation hangs on the answer. In this groundbreaking book, Andrew Lo transforms the debate with a powerful new framework in which rationality and irrationality coexist—the Adaptive Markets Hypothesis. Drawing on psychology, evolutionary biology, neuroscience, artificial intelligence, and other fields, Adaptive Markets shows that the theory of market efficiency is incomplete. When markets are unstable, investors react instinctively, creating inefficiencies for others to exploit. Lo’s new paradigm explains how financial evolution shapes behavior and markets at the speed of thought—a fact revealed by swings between stability and crisis, profit and loss, and innovation and regulation. An ambitious new answer to fundamental questions about economics and investing, Adaptive Markets is essential reading for anyone who wants to understand how markets really work.
Download or read book Basic Instincts written by Pete Lunn and published by Marshall Cavendish Books Limited. This book was released on 2009-11-19 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human instincts are surprisingly sophisticated and subtle, having adapted over generations of trading with each other. Understanding how these instincts work can not only change the way you think about your own affairs, it can alter how you think about a whole range of economic and business issues (from what constitutes a fair salary to the impact of globalisation).A new breed of economists - known as behavioural economists - has started to observe economic life more closely. This book reveals the fascinating results of their studies . Human instincts have long been ignored by traditional economics, but they are crucial factors in major economic decisions, and hence important for our futures. This engaging book is about those human instincts and how the study of them has begun to change fundamentally the science of economics and our own behaviour in today's world
Download or read book Teaching Strategies 5 6 written by Elaine Coulson and published by Council for Economic Educat. This book was released on 1994 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tapping into their natural interest in business, this guide involves students in grades 56 in production activity, roleplay and market simulations.
Download or read book Marber on Markets written by Brian Marber and published by Harriman House Limited. This book was released on 2007-06 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is not your average book on technical analysis. Why? Because the author is not your average technical analyst; Brian Marber is unique -and so, as a result, is this book. Here, Marber sets out to write about his approach, in a language readers can understand and enjoy, telling them why he does what he does, and how he came to do it, including details of market pitfalls and the occasional Marber pratfall. The book does not claim to be comprehensive, but instead aims to be honest and to present the reader with the techniques and indicators that Marber himself uses, and has used successfully in his fifty-one years in the business. Although when you make money you can learn something about making it, you learn far more by losing it, then finding out how to stop doing so.This book tells you his methods; when positions have gone wrong, and what you do about it.
Download or read book The Delusions of Crowds written by William J. Bernstein and published by Grove Press. This book was released on 2021-02-23 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: This “disturbing yet fascinating” exploration of mass mania through the ages explains the biological and psychological roots of irrationality (Kirkus Reviews). From time immemorial, contagious narratives have spread through susceptible groups—with enormous, often disastrous, consequences. Inspired by Charles Mackay’s nineteenth-century classic Memoirs of Extraordinary Popular Delusions and the Madness of Crowds, neurologist and author William Bernstein examines mass delusion through the lens of current scientific research in The Delusions of Crowds. Bernstein tells the stories of dramatic religious and financial mania in western society over the last five hundred years—from the Anabaptist Madness of the 1530s to the dangerous End-Times beliefs that pervade today’s polarized America; and from the South Sea Bubble to the Enron scandal and dot com bubbles. Through Bernstein’s supple prose, the participants are as colorful as their “desire to improve one’s well-being in this life or the next.” Bernstein’s chronicles reveal the huge cost and alarming implications of mass mania. He observes that if we can absorb the history and biology of this all-too-human phenomenon, we can recognize it more readily in our own time, and avoid its frequently dire impact.
