Cognitive Science · Economics · Human Rationality

Books about human rationality.

Lately I’ve been reading a lot of new and surprising reappraisals of human rationality. Here is a bibliography of a few of these books and essays.   Bibliography: the new understanding of human rationality: The Enigma of Reason.  A book by Hugo Mercier and Dan Sperber published in April of 2017.  Go to Book The Argumentative…… Continue reading Books about human rationality.

Economics · Inequality · The Unwinding of America

“Rewriting the Rules of the American Economy” by Joseph Stiglitz

Stiglitz says that most Americans are worried about the basics of the American economy: education, jobs, savings, and retirement.  They are well aware that life in America is not good for the middle and working classes.  In the 2008 economic crisis ten million families lost their homes, 8.7 million workers lost their jobs.  And, these…… Continue reading “Rewriting the Rules of the American Economy” by Joseph Stiglitz

Economics · Neoliberalism

“The Euro: How a Common Currency Threatens the future of Europe” by Joseph E. Stiglitz

  This book is a summary of Joseph Stiglitz’s recent book titled “The Euro: How a Common Currency Threatens the future of Europe.” Preface Europe Is in bad shape. Spain’s unemployment rate has fallen from 26% in 2013 to 20% at the beginning of 2016. And this is what counts for good news in Europe. There…… Continue reading “The Euro: How a Common Currency Threatens the future of Europe” by Joseph E. Stiglitz

Economics · Neoliberalism

“Exorbitant Privilege”, by Barry Eisengreen

Below are some brief notes on Eisengreen’s book Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System.  These notes basically explain how exorbitant privilege Works: The idea of Exorbitant privilege begins with the fact that the world Reserve currency is the dollar. And also almost all international trading is…… Continue reading “Exorbitant Privilege”, by Barry Eisengreen

Economics

Why US banks fail and Canadian banks don’t.

Review of Fragile By Design: The Political Origins Of Banking Crises and Scare Credit by Charles Calomiris and Steven Haber. In this book Calomiris and Haber try to answer a very simple question: Why do US banks fail much more often than Canadian Banks?  In the last 180 years, there were 14 major banking crises in the US and only two…… Continue reading Why US banks fail and Canadian banks don’t.