READ & DOWNLOAD ✓ eBook, PDF or Kindle ePUB Ú Tomáš SedláčekF economically important matters is bit far fetched It is
a good "Idea To Search For "to search for have the purpose of conveying sustainable and fair business in holy books likegood idea to search for sections that have the purpose of conveying sustainable and fair business in holy books like Bible ur an Torah and related writings Occasionally an old knowledge that has been forgotten and thus not lost in the blink of an eye can bring about a tremendous renaissanceIt amazes and amuses as the author tries with interesting interpretive tactics in among other things to occasionally discover macroeconomic clues in millennia old Egyptian writings The explanatory passages about different distinctions developments and concepts of economic life can be liked and read accurately but one does not have to Especially because it is subtly tricky to grasp the context without rudimentary basic knowledge in the respective discipline without investing one or two extra moments in time for the second read through devoted to consolidating the contentThe closer the book comes to the present and the end of the story the exciting the narrative flows some eye openers wait for the reader and incorporate of the author s ideas He deserves respect for criticizing an economy whose flagbearer he is in all areas of activity The grandeur of self criticism and self reflection is something seldom found in economicsWhat will grow out of the homo oeconomicus will to be seen in the future but it is meaningful that a competent thinker like Sedl ek tends to a slightly adverse future prognosis The lack of a solution cannot be simply criticized If the author would know what to do he would probably be the only one or part of a handful of chosen people worldwide who could dare to openly speak about it Moreover it would be dangerously unselfish of him to speak openly of this holy grail of money circulation without involving self interest as a substantially constant After all it is still about economic proportionalityA wiki walk can be as refreshing to the mind as a walk through nature in this yuck ugh boo completely overrated real life outside books penibel recherchierter Neuansatz zur Beurteilung und Gestaltung der Wirtschaftspolitik mit vision ren Ideen und sehr starkem EndeVorab sei angemerkt dass im Gegensatz zu manch eher popul rwissenschaftlich und damit auf leichtere Zug nglichkeit ausgelegtem Werk der Autor ber einige trockene Textpassagen nicht hinwegt uschen kann Was zwischen den Geschichts und Religionserz hlungen steht n mlich die famosen Interpretationen Erkl rungen und Auslegungen lohnt die Durststrecken aber allemalDie ersten 2 Drittel des Buches sind gr tenteils nach dem Schema aufgebaut dass nach dem Zitieren einer historischen philosophischen oder religi sen uelle diese auf ihre konomische Relevanz und Schl ssigkeit abgeklopft gedeutet erl utert und mitunter auf die potentielle Bedeutsamkeit und Anwendbarkeit in der heutigen Welt untersucht wird Wobei Ideen wie Schuldenerlass das einmalige Ernten von Feldern um armen und benachteiligten Menschen zu erm glichen an Nahrung zu kommen regelm ige und rigorose Schuldenschnitte Kontrolle des Geldwesens und der generelle Aufruf zu mehr Ethik im finanziellen Gebaren zu den positiven Aspekten der Geschichtsschreibung beziehungsweise diversen Religionsschriften z hlen Mitunter ist die Auslegung auf unbedingt wirtschaftliche Belange etwas weit hergeholt Das ist der guten Grundidee in Geschichtsb chern Bibel Koran Thora und artverwandten Schriften nach Abschnitten zu suchen die den Zweck haben nachhaltiges und gerechtes Wirtschaften zu vermitteln aber nicht abtr glich Mitunter kann altes in Vergessenheit und damit haarscharf nicht verlorengegangenes Wissen in seiner Renaissance Enormes bewirken Es erstaunt und am siert wie es der Autor versteht mit unterhaltsamen Auslegungstaktiken in unter anderem Jahrtausende ealten gyptischen Schriften mitunter makro konomische Hinweise zu entdeckenDie erkl renden Passagen ber verschiedene Unterscheidungen Entwicklungen und Begriffe des Wirtschaftslebens kann man m gen und genau lesen muss man aber nicht Vor allem weil es ohne rudiment re Grundkenntnisse in der eweiligen Disziplin dann doch dezent knifflig ist den Kontext immer zu erfassen ohne das eine oder andere u ntchen Zeit zum zweiten der Festigung des Inhalts gewidmeten Durchlesens zu investierenJe n her das Buch dem eigenen und dem Ende der Geschichte in Form von Gegenwart kommt desto mitrei ender wird der Erz hlfluss da einige Augen ffner auf den geneigten Leser warten und mehr eigene Ideen des Autors mit einflie en der bisher prim r aus vorgegebenen uellen sch pfte und im letzten Gang sogar gegen seine eigene Disziplin zu Felde zieht Es geb hrt ihm daf r Respekt Kritik an einer Wirtschaft deren Fahnentr ger er Kraft all seiner T tigkeitsfelder selbst ist zu ben Was aus dem homo oeconomicus werden wird bleibt abzuwarten und es stimmt doch nachdenklich dass ein kompetenter Denker wie Sedl ek zu einer eher negativen Zukunftsprognose tendiertDas Fehlen eines L sungsansatzes kann insofern nicht angekreidet werden als dass der Autor w re er im Besitz eines solchen vermutlich der einzige oder Teil einer Handvoll Auserw hlter weltweit w re die dessen mental habhaft werden k nnten Und insofern sich selbst gegen ber fahrl ssig selbstlos w ren diesen heiligen Gral der Geldzirkulation offen heraus zu posaunen ohne Eigennutz als wichtige Konstante mit einzubeziehen Es geht schlie lich immer noch um konomische Verh ltnism igkeit. He field's confines with a tour de force exploration of economic thinking broadly defined over the millennia He ranges from the epic of Gilgamesh and the Old Testament to the emergence of Christianity from Descartes and Adam Smith to the consumerism in Fight Club Throughout he asks searching meta economic uestions What is the meaning and the point of economics Can we do ethically all that we can do technically Does it pay to be good Placing the wisdom of philosophers and poets over strict mathematical models of human behavior Sedlacek's groundbreaking work promises to change the way we calculate economic valu. .
But It Wasn Tit wasn t what I was hoping for I ended up mostly skimming it I do think though that histories of economic thought in this vein are important especially in their ability to denaturalize the current economic discourse And Sedlacek s particular point that mathematics is a language that has allowed us insight into some aspects of economics but is not the only language in which economics has or can be conducted and in fact causes us to ignore many of those aspects of economic thought THAT WERE DEEMED IMPORTANT FOR THOUSANDS OF YEARS IS were deemed important for thousands of years is and worth engaging 1 Economy is not a real exact science2 Money is not everything Wow big dealSave yourself time and money and read Black Swan by Nassim Nicholas Taleb Short review This is one of the best economic books I have read It is a wide ranging book about the purpose and history of economics The first half is about how economics have been understood by looking at ancient historical documents Epic of Gilgamesh Old Testament New Testament various Greek philosophers Then it moves to how early economics viewed economics The last section is about the limits of economics and a call for economics to move away from mathematics determinism and to a renewed interest in ethics It is not rejecting the mathematical focus of economics but rather calling for a new humility because humans are not rational robots and economists are not very good prophetsMy full review is at was provided a copy for review from the Vine program ENGLISH A painstakingly researched new approach to assessing and shaping economic policy with visionary ideas and an extreme end It should be noted in advance that in contrast to some popular science books that are designed with a focus on easier accessibility the book has some dry text passages Including what stands between the histories and religious narratives Namely The Interpretations And the interpretations and first two thirds of the book are primarily modeled after the citation of a historical philosophical or religious source that taps interprets explains and sometimes examines its economic relevance and conclusiveness for its potential significance and applicability in the contemporary world Whereby ideas such as complete debt relief the one time harvesting of crops to enable poor and disadvantaged people to get food regular and rigorous debt cuts control of the financial system and the general call for ethics in economic terms are the positive aspects of the historiography and various religious writings Sometimes the interpretation Omenon a product of our civilization It began within philosophy Adam Smith himself not only wrote The Wealth of Nations but also The Theory of Moral Sentiments and economics as Sedlacek shows is woven out of history myth religion and ethics Even the most sophisticated mathematical model Sedlacek writes is de facto a story a parable our effort to rationally grasp the world around us Economics not only describes the world but establishes normative standards identifying ideal conditions Science he claims is a system of beliefs to which we are committed To grasp the beliefs underlying economics he breaks out of ,
The guy drives me crazy trying to persuade that
GENDER EUALITY IS MUCH HIGHER AT DISTANT DISTRICTS OFeuality is much higher at distant districts of uite patriarchal country than in capital The best argument he uses econometrics shows this and you know math doesn t lie When we run down devils in details it turned out that the guy used share if girls among higher education students as a metrics of gender euality In distant districts higher education facilities are limited to medical and pedagogical ones overpopulated by girls Contrary in the capital there is much broader set of education institutions including technical ones preferred by boys and share of girls is naturally lower Wrong implicit assumptions lead to wrong results despite of all that ubersophisticated math Tom Sedl ek tells that story but on a bigger scale Currently we hide implicit assumptions behind sophisticated formulas of economics which and is limited to econometrics Math replaced ethics in economic debates based on assumption that math is value neutral However this is very recent development Over centuries economic though was inseparable from ethics moral philosophy In this book author walk through the long history analyzing sources as old as Gilgamesh and the Old Testament coming to the Greek philosophers continuing to Christian economics and then to Enlightenment ages and finally the Wall Street The book is well written and easy to read While I don t agree with several arguments it is thought provoking and very usefulTo my surprise there is not much Wall Street in the book while Crash 2008 could be a very good case study Intricate econometrics and math models simply hide the basic assumption that property prices will rise forever As soon as this assumption turned out be false and prices stagnated and slightly went down all models went crazy and market crashed On the other hand author pay some attention to Debt which is a great issue going well beyond Public DebtOverall nicely written thought provoking well referenced book Although the title contains the word economics the book is a concentrated history of philosophy human culture and civilisation As the reader learns at the end of this book Sedlacek s treatise is meant as a plea for refocusing on normative economics than the mathematics dominated positive economics of todayDespite that the text often lacks drawing conclusions and does not explain how the risen uestions and topics apply to economicsReaders should have basic knowledge in macro economics philosophy and religion to have a better access to this book Thus it will be very challenging to think about the uestion why an omniscient God had not known that Adam and Eve would eat the apple from the Tree of Knowledge and compare this event to Prometheus bringing the fire to menFurther one can think about today s ideas of going back to nature and living on subsistence means in the understanding of the Gilgamesh epos becoming uncivilised and animalistic a retrogression to the natural stateSedlacek even adapts pop culture and shows a "Preference For The Matrix Trilogy But Why " for the Matrix Trilogy But why he not refer to Gordon Gekko s uotation Greed is good in the film Wall Street I It would be a great visualisation of the chapter on Bernard Mandeville I heard Sedlacek had problems to submit his PhD thesis which he then published reworked in a book form I initially thought this is Im Not Millie! just another example how wretched current economics is but in fact I tend to agree now at best this belongs to the literature departmentThe book is roughly split into 2 parts The first part is a tour of western literary cannon well small part of it Gilgamesh Bible bit ofewish tradition scholastics ending with Adam Smith Sedlacek provides literary theoretic interpretations of these works through the lens of economics The problem of this part is that it so overstuffed with uotes from primary and secondary sources that it is hard to find original sentences in it In fact it is likely that this part doesn t offer any original contribution whatsoever Apart from that it is a decent if a bit boring overview of economical thinking in the roots of Salvation: A Novel (Salvation Sequence) judeo christian cultureThe second part after a few foreshadows in the first part then launches into straight up critiue of economics particularly its mathematization and the homo economicus model While there is indeed a lot to criticize here I have to say only thing worse than most of contemporary economics are shallow critics of itSedlacek reveals very shallow understanding of many concepts utilitarian ethics game theory Goedel incompletness all get butchered often fights strawmen or in trying to be provocative and smart comes off rather as annoying and thick His pointing out the foundational problem in the definition of utility is pure emperor has no clothes smart assery one has toust roll his eyes while being called an apologist for the economics establishment As a book ultimately about epistemology it has too little Popper for example and too much Matrix uotesHis critiue never raises above triteness like If we are to call truly scientific only things translatable into mathematics things like emotions and the soul and love fall into something of a lower ontological category Not only is his critiue weakly informed the solutions he offers sound also trite impractical and full of armchair philosopher self "righteousness Oh well nothing to see here move along Little knowledge is dangerous then. "Oh well nothing to see here move along Little knowledge is dangerous then. Sedlacek has shaken the study of economics as few ever have Named one of the Young Guns and one of the five hot minds in economics by the Yale Economic Review he serves on the National Economic Council in Prague where his provocative writing has achieved bestseller status How has he done it By arguing a simple almost heretical proposition economics is ultimately about good and evil In The Economics of Good and Evil Sedlacek radically rethinks his field challenging our assumptions about the world Economics is touted as a science a value free mathematical inuiry he writes but it's actually a cultural phen.