Download e-book for kindle: Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein

By Peter L. Bernstein

ISBN-10: 0470534532

ISBN-13: 9780470534533

A company Week, long island instances company, and united states at the present time Bestseller

"Ambitious and readable . . . an enticing creation to the oddsmakers, whom Bernstein regards as precise humanists supporting to liberate mankind from the choke holds of superstition and fatalism." -The long island Times

"An terribly exciting and informative book." -The Wall highway Journal

"A vigorous panoramic ebook . . . opposed to the Gods units up an formidable premise after which supplies on it." -Business Week

"Deserves to be, and definitely might be, greatly read." -The Economist

"[A] demanding e-book, person who may possibly switch without end the best way humans take into consideration the world." -Worth

"No one else can have written a ebook of such valuable value with lots allure and excitement." -Robert Heilbroner writer, The Worldly Philosophers

"With his outstanding wisdom of the background and present manifestations of danger, Peter Bernstein brings us opposed to the Gods. not anything love it will pop out of the monetary global this 12 months or ever. I communicate rigorously: nobody should still omit it." -John Kenneth Galbraith Professor of Economics Emeritus, Harvard University

during this specific exploration of the position of threat in our society, Peter Bernstein argues that the proposal of bringing probability less than regulate is among the relevant principles that distinguishes sleek occasions from the far-off prior. opposed to the Gods chronicles the amazing highbrow experience that liberated humanity from oracles and soothsayers through the robust instruments of possibility administration which are on hand to us today.

"An super readable historical past of risk." -Barron's

"Fascinating . . . this demanding quantity can help you recognize the uncertainties that each investor needs to face." -Money

"A singular achievement." -Times Literary Supplement

"There's a becoming marketplace for savants who can render the recondite intelligibly-witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)-and Bernstein may mingle good of their company." -The Australian

The EPUB layout of this name is probably not appropriate to be used on all hand held devices.

Show description

Read Online or Download Against the Gods: The Remarkable Story of Risk PDF

Best economic history books

Business Life and Public Policy: Essays in Honour of D. C. - download pdf or read online

This selection of unique essays is a tribute to Donald Coleman, Emeritus Professor of financial heritage within the college of Cambridge, Fellow of Pembroke collage, Cambridge, and previously Professor of monetary historical past on the London university of Economics. The essays are contributed by way of associates, former scholars and associates to honour him in his retirement.

Download e-book for kindle: Business Organization and the Myth of the Market Economy by William Lazonick

This publication explains the adjustments in business management from Britain to the us prior during this century and from the USA to Japan extra lately, when it comes to the altering enterprise funding ideas and organizational constructions in those countries. the writer criticizes economists for failing to appreciate those old adjustments.

Download e-book for iPad: The New Comparative Economic History: Essays in Honor of by Timothy J. Hatton, Visit Amazon's Kevin H O'Rourke Page,

The cutting edge method of monetary heritage referred to as the hot Comparative financial historical past represents a special swap within the means that many monetary historians view their function, do their paintings, and have interaction with the wider economics occupation. the hot Comparative monetary background displays a trust that financial tactics can most sensible be understood by means of systematically evaluating studies throughout time, areas, and, in particular, international locations.

Download e-book for iPad: Cournot Oligopoly: Characterization and Applications by Andrew F. Daughety

Celebrating the one hundred and fiftieth anniversary of Cournot's paintings, which Mark Blaug has characterised as ". .a e-book that for sheer originality and boldness of belief has no equivalent within the heritage of economics thought," this quantity specializes in the homes and makes use of of Cournot's version of festival one of the few.

Extra info for Against the Gods: The Remarkable Story of Risk

Sample text

Note that the sequence produces a series of rectangles with the proportions of the golden mean. Then quarter-circle arcs connect the opposite corners of the squares, starting with the smallest squares and proceeding in sequence. Construction of an equiangular spiral using Fibonacci proportions. Begin with a 1-unit square, attach another 1-unit square, then a 2-unit square then a 2-unit square where it fits, followed by a 3-unit square where it fits and, continuing in the same 48 direction, attach squares of 5, 8, 13, 21, and 34 units and so on.

In addition, Omar Khayyam used technical mathematical observations to reform the calendar and to devise a triangular rearrangement of numbers that facilitated the figuring of squares, cubes, and higher powers of mathematics; this triangle formed the basis of concepts developed by the seventeenth-century French mathematician Blaise Pascal, one of the fathers of the theory of choice, chance, and probability. The impressive achievements of the Arabs suggest once again that an idea can go so far and still stop short of a logical 59 conclusion.

4. This entire paragraph is from Bolen, 1976. 41 5. Excellent background on all this may be found in David, 1962, pp. 2–21. 6. See David, 1962, p. 34. 7. Hayano, 1982. 8. Johnson, 1995. 9. See David, p. 2. 10. Sambursky, 1956, p. 36. 11. , p. 37. 12. , pp. 36–40. 13. Rabinovitch, 1969. 14. Frankfort, 1956; quoted in Heilbroner, 1995, p. 23. See also David, 1962, pp. 21–26. 15. See Eves, 1983, p. 136. 42 Chapter 2 As Easy as I, II, III Without numbers, there are no odds and no probabilities; without odds and probabilities, the only way to deal with risk is to appeal to the gods and the fates.

Download PDF sample

Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein

by Steven

Rated 4.42 of 5 – based on 42 votes