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From New York Times bestselling author and economics columnist Robert Frank, a compelling book that explains why the rich underestimate the importance of luck in their success, why that hurts everyone, and what we can do about itHow important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine. In Success and Luck, bestselling author and New York Times economics columnist Robert Frank explores the surprising implications of those findings to show why the rich underestimate the importance of luck in success-and why that hurts everyone, even the wealthy.Frank describes how, in a world increasingly dominated by winner-take-all markets, chance opportunities and trivial initial advantages often translate into much larger ones-and enormous income differences-over time; how false beliefs about luck persist, despite compelling evidence against them; and how myths about personal success and luck shape individual and political choices in harmful ways.But, Frank argues, we could decrease the inequality driven by sheer luck by adopting simple, unintrusive policies that would free up trillions of dollars each year-more than enough to fix our crumbling infrastructure, expand healthcare coverage, fight global warming, and reduce poverty, all without requiring painful sacrifices from anyone. If this sounds implausible, you'll be surprised to discover that the solution requires only a few, noncontroversial steps.Compellingly readable, Success and Luck shows how a more accurate understanding of the role of chance in life could lead to better, richer, and fairer economies and societies.

Economics --- Merit (Ethics) --- Success --- Fortune --- Luck --- Opportunity --- Growth (Psychology) --- Personal development --- Personal growth --- Self-improvement --- Conduct of life --- Failure (Psychology) --- Fear of success --- Desert (Ethics) --- Moral desert (Ethics) --- Ethics --- Economic sociology --- Socio-economics --- Socioeconomics --- Sociology of economics --- Sociology --- Behavioral economics --- Behavioural economics --- Psychological aspects --- Sociological aspects --- Economic aspects --- Social aspects

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From New York Times bestselling author and economics columnist Robert Frank, bold new ideas for creating environments that promise a brighter futurePsychologists have long understood that social environments profoundly shape our behavior, sometimes for the better, often for the worse. But social influence is a two-way street—our environments are themselves products of our behavior. Under the Influence explains how to unlock the latent power of social context. It reveals how our environments encourage smoking, bullying, tax cheating, sexual predation, problem drinking, and wasteful energy use. We are building bigger houses, driving heavier cars, and engaging in a host of other activities that threaten the planet—mainly because that's what friends and neighbors do.In the wake of the hottest years on record, only robust measures to curb greenhouse gases promise relief from more frequent and intense storms, droughts, flooding, wildfires, and famines. Robert Frank describes how the strongest predictor of our willingness to support climate-friendly policies, install solar panels, or buy an electric car is the number of people we know who have already done so. In the face of stakes that could not be higher, the book explains how we could redirect trillions of dollars annually in support of carbon-free energy sources, all without requiring painful sacrifices from anyone.Most of us would agree that we need to take responsibility for our own choices, but with more supportive social environments, each of us is more likely to make choices that benefit everyone. Under the Influence shows how.

Influence sociale. --- Peer pressure. --- Planification sociale. --- Pression des pairs. --- Pression sociale. --- Social influence. --- Social planning. --- Social pressure. --- Vices. --- Adult. --- Agriculture. --- Alarmism. --- Andrew Sullivan. --- Awareness. --- Balanced budget. --- Behavioral contagion. --- Beneficiary (trust). --- Beneficiary. --- Bidding. --- Carbon capture and storage. --- Carbon dioxide. --- Carbon neutrality. --- Carbon tax. --- Climate change. --- Collective action. --- Conservation movement. --- Consumer behaviour. --- Consumer choice. --- Consumption (economics). --- Contentious politics. --- Demise. --- Denialism. --- Department store. --- Disaster. --- Disposable and discretionary income. --- Domestic worker. --- Economic cost. --- Economic inequality. --- Effectiveness. --- Electric vehicle. --- Employment. --- Environmental protection. --- Explanation. --- Externality. --- Finding. --- Funding. --- Global warming. --- Green New Deal. --- Greenhouse gas. --- Identity politics. --- Illustration. --- Imposition. --- Income. --- Infrastructure. --- Investment. --- James Hansen. --- Life satisfaction. --- Literature. --- Make A Difference. --- Measures of national income and output. --- Member state. --- Neoliberalism. --- Our Choice. --- Peer group. --- Pessimism. --- Plug-in electric vehicle. --- Political strategy. --- Population growth. --- Prediction. --- Progressive tax. --- Proportion (architecture). --- Public policy. --- Publication. --- Rebate (marketing). --- Result. --- Root cause. --- Salary. --- Scientific literature. --- Seriousness. --- Shortage. --- Skepticism. --- Small number. --- Social movement. --- Solar panel. --- Status quo. --- Supermarket. --- Tax rate. --- Tax resistance. --- Tax revenue. --- Taxis. --- Taxpayer. --- Textbook. --- The Power of Habit. --- Well-being. --- Will Durant. --- World population.

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A new luxury fever has America in its grip. Independent of stock prices, recessions, and inflation rates, the past two decades have witnessed a spectacular and uninterrupted rise in luxury consumption. Ordinary, functional goods are no longer acceptable. Our cars have gotten larger, heavier, and far more expensive. Mansions larger than 30, 000 square feet no longer seem extravagant. Wristwatches for the super-rich cost tens of thousands of dollars. We are living in an era of excess. Consider: * The average house built in the United States today is nearly twice as large as its counterpart from the 1950s. * Even as houses have gotten more expensive and farther from the workplace, there has been a sharp increase in second-home ownership. * The average price of an automobile sold in the United States now exceeds $22, 000, up more than 75 percent from a decade ago. * Total U.S. spending on luxury goods increased 21 percent between 1995 and 1996 (typical of recent years), while overall merchandise sales increased only 5 percent. Robert Frank caused a national debate in 1995 when he and co-author Philip Cook described the poisonous spread of "winner-take-all" markets. Now he takes a thought-provoking look at the flip side of spreading inequality: as the super-rich set the pace, everyone else spends furiously in a competitive echo of wastefulness. The costs are enormous: We spend more time at work, leaving less time for family and friends, less time for exercise. Most of us have been forced to save less and spend and borrow much more. The annual rate at which American families file for personal bankruptcy has grown to one in seventy. Budgetary pressures have reduced our willingness to fund even essential public services: Our food and water are increasingly contaminated. Potholes proliferate, and traffic delays double every ten years. Frank offers the first comprehensive and accessible summary of scientific evidence that our spending choices are not making us as happy and healthy as they could. Furthermore, he argues that human frailty is not at fault. The good news is that we can do something about it. We can make it harder for the super-rich to overspend, and capture our own competitive energy for the public good. Luxury Fever boldly offers a way to curb the excess and restore the true value of money.

Consumption (Economics) --- Luxury. --- Luxury

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Distributional Consequences of Direct Foreign Investment

Investments, American --- Investments, Foreign, and employment --- Mathematical models. --- AA / International- internationaal --- 339.113 --- 339.727.2 --- -Investments, Foreign, and employment --- -Employment and foreign investments --- Foreign trade and employment --- Investments, Foreign --- Labor supply --- American investments --- Buitenlandse investeringen. --- Internationale kapitaalbeweging. Buitenlandse leningen. Buitenlandse kredieten. Internationale kapitaalbeweging. Buitenlandse investeringen. Kapitaalinvoer. Kapitaaluitvoer. Kapitaalvlucht --- Mathematical models --- -Buitenlandse investeringen. --- 339.727.2 Internationale kapitaalbeweging. Buitenlandse leningen. Buitenlandse kredieten. Internationale kapitaalbeweging. Buitenlandse investeringen. Kapitaalinvoer. Kapitaaluitvoer. Kapitaalvlucht --- -339.727.2 Internationale kapitaalbeweging. Buitenlandse leningen. Buitenlandse kredieten. Internationale kapitaalbeweging. Buitenlandse investeringen. Kapitaalinvoer. Kapitaaluitvoer. Kapitaalvlucht --- Employment and foreign investments --- Buitenlandse investeringen --- Investments, American - Mathematical models. --- Investments, Foreign, and employment - United States - Mathematical models.