Betting on Ideas: Wars, Invention, InflationIn this book, Reuven Brenner argues that people bet on new ideas and are more willing to take risks when they have been outdone by their fellows on local, national, or international scales. Such bets mean that people deviate from the beaten path and either gamble, commit crimes, or come up with new ideas in art, business, or politics, and ideas concerning war and peace in particular. By using evidence on gambling, crime, and creativity now and during the Industrial Revolution, by examining innovations in English and French inheritance laws and the emergence of welfare legislation, and by looking at what has happened before and after wars, Brenner reaches the conclusion that hope and fear, envy and vanity, sentiments provoked when being leapfrogged, make humans race. |
Avis des internautes - Rédiger un commentaire
Aucun commentaire n'a été trouvé aux emplacements habituels.
Table des matières
| 1 | |
| 29 | |
| 38 | |
| 53 | |
| 57 | |
| 88 | |
Firms and International Trade An Alternative Viewpoint | 90 |
On the Methodology of a Uniform Approach | 100 |
On Politics and Inflation | 131 |
Unemployment A Note | 164 |
What Insurance Can Indexation Provide? The Canadian Experiment | 166 |
IndexationAdditional Viewpoints | 184 |
The Choice | 186 |
Notes | 199 |
References | 225 |
Index | 241 |
Autres éditions - Tout afficher
Expressions et termes fréquents
according appendix arguments assumed become Brenner century chance changes circumstances contracts creativity criminal decrease deficits defined diminished discussed distribution of wealth economic economists effects entrepreneurs evidence examined example existence expected explain fact firms fluctuations gamble greater growth human behavior imply income increase indexation individual Industrial Revolution inequality inflation inflationary policies innovations inventions IS-LM models italics in original Keynes Keynes's view Keynesian labor lead lottery tickets Machiavelli marginal utility measure model presented monetarist monetary money wages nations neoclassical nominal contracts noted one's patents people's position perceived perception period Phillips curve political population predictions price level probability problem productivity profits progressive taxation purchasing power real wages reason relative richer rise Robert Lacroix role Schumpeter sector seems similar social society stability Statistics Canada strategy suddenly suggests theory tion unemployment unexpected unexpectedly utility function variables view of human views presented wars words
Fréquemment cités
Page 18 - How could communities, Degrees in schools, and brotherhoods in cities, Peaceful commerce from dividable shores, The primogenity and due of birth, Prerogative of age, crowns, sceptres, laurels, But by degree stand in authentic place?
Page 55 - Taberah: because the fire of the LORD burnt among them. And the mixed multitude that was among them fell a lusting: and the children of Israel also wept again, and said, "Who shall give us flesh to eat? We remember the fish, which we did eat in Egypt freely; the cucumbers, and the melons, and the leeks, and the onions, and the garlick: But now our soul is dried away: there is nothing at all, beside this manna, before our eyes.
Page 55 - LORD, the fire was quenched. 3 And he called the name of the place Taberah: because the fire of the LORD burnt among them. 4 And the mixt multitude that was among them fell a lusting: and the children of Israel also wept again, and said, Who shall give us flesh to eat?
Page 12 - National aspirations must be respected; peoples may now be dominated and governed only by their own consent. "Self-determination" is not a mere phrase. It is an imperative principle of action, which statesmen will henceforth ignore at their peril.
Page 57 - Science seems to me to teach in the highest and strongest manner the great truth which is embodied in the Christian conception of entire surrender to the will of God. Sit down before fact as a little child, be prepared to give up every preconceived notion, follow humbly wherever and to whatever abysses nature leads, or you shall learn nothing.
Page 150 - The two extremes are obvious; and it follows that there must be some intermediate point, though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce and the will to consume, the encouragement to the increase of wealth is the greatest.
Page 115 - Nothing to build and all things to destroy. But far more numerous was the herd of such Who think too little and who talk too much. These out of mere instinct, they knew not why, Adored their fathers...

