What is economics’ missing link? Recent economic crises have had a devastating impact on society. Worryingly, they gravely risked a collapse of the financial system. These crises also painfully revealed economics’ blind spots. Crucially, economics is not an innocent bystander but central to the problem. In this pioneering book, Patrick Schotanus explains that economics’ mechanical worldview is the ontological error which leads to flawed thinking and faulty practices. The Market Mind Hypothesis (MMH) thus calls it "mechanical economics": it not only erroneously views but also dangerously treats the economy as a machine, the market as an automaton, and its agents as robots. Inspired by heterodox economic and leading cognitive thinkers, this book offers an alternative paradigm. Central to MMH’s psychophysical worldview is the fact that consumers, investors, and other participants are conscious beings and that their minds’ extension makes consciousness a reality in markets, exemplified by market mood. Specifically, denial of the complex mind~matter exchanges as the essence of markets means the extended mind~body problem is economics’ elephant in the room. The book argues that if mechanical economics is the answer, we have been asking the wrong questions. Moreover, we will not solve our economic predicaments by doubling down on the assumption of rationality, nor by identifying yet another behavioural bias. Instead, scholars and students of economics and finance as well as finance practitioners need to investigate—through cognitive economics—the deep links between markets and minds to better understand both. With a foreword by investment strategist Russell Napier, an intermezzo by neuroscientist and complexity pioneer Scott Kelso, and an afterword by 4E cognition philosopher Julian Kiverstein.
What is economics’ missing link? Recent economic crises have had a devastating impact on society. Worryingly, they gravely risked a collapse of the financial system. These crises also painfully revealed economics’ blind spots. Crucially, economics is not an innocent bystander but central to the problem. In this pioneering book, Patrick Schotanus explains that economics’ mechanical worldview is the ontological error which leads to flawed thinking and faulty practices. The Market Mind Hypothesis (MMH) thus calls it "mechanical economics": it not only erroneously views but also dangerously treats the economy as a machine, the market as an automaton, and its agents as robots. Inspired by heterodox economic and leading cognitive thinkers, this book offers an alternative paradigm. Central to MMH’s psychophysical worldview is the fact that consumers, investors, and other participants are conscious beings and that their minds’ extension makes consciousness a reality in markets, exemplified by market mood. Specifically, denial of the complex mind~matter exchanges as the essence of markets means the extended mind~body problem is economics’ elephant in the room. The book argues that if mechanical economics is the answer, we have been asking the wrong questions. Moreover, we will not solve our economic predicaments by doubling down on the assumption of rationality, nor by identifying yet another behavioural bias. Instead, scholars and students of economics and finance as well as finance practitioners need to investigate—through cognitive economics—the deep links between markets and minds to better understand both. With a foreword by investment strategist Russell Napier, an intermezzo by neuroscientist and complexity pioneer Scott Kelso, and an afterword by 4E cognition philosopher Julian Kiverstein.
Completely unlike any encyclopedia before it, The Book of Firsts is the product of decades of archiving and research from the incredible Patrick Robertson. For many years the proprietor of a stock photo archive and collector of all forms of ephemera, Robertson boasts a library that includes ads, clippings, and archival materials going back well over 100 years. In this amazing work, Robertson indexes and describes the things he considers socially relevant, such as the first black head of a white government (it's not who you think), the first baby carriage, and the first department store. He writes about all this with an unparalleled knowledge and impossible-to-fake fluency with a staggering number of subjects. What's more, Robertson renders this massive reference with subtle but distinctive humor, and an eye for fascinating detail. Every entry in this book includes a first time in America, and many also have firsts from elsewhere in the world. With a handsome design and an oversized trim, this will be both a groundbreaking work of reference and a beautiful gift for trivia heads.
Atomic force microscopy (AFM) is part of a range of emerging microscopic methods for biologists which offer the magnification range of both the light and electron microscope, but allow imaging under the 'natural' conditions usually associated with the light microscope. To biologists, AFM offers the prospect of high resolution images of biological material, images of molecules and their interactions even under physiological conditions, and the study of molecular processes in living systems. This book provides a realistic appreciation of the advantages and limitations of the technique and the present and future potential for improving the understanding of biological systems.The second edition of this bestseller has been updated to describe the latest developments in this exciting field, including a brand new chapter on force spectroscopy. The dramatic developments of AFM over the past ten years from a simple imaging tool to the multi-faceted, nano-manipulating technique that it is today are conveyed in a lively and informative narrative, which provides essential reading for students and experienced researchers alike./a
This comprehensive resource is edited by experts at the Mayo Clinic--a world-renowned center for echocardiography. In this revision, the editors plan to incorporate new imaging strategies in the diagnosis of congenital heart disease in both peds and adult populations. In particular, more detail on 3-D echo, information on the proper usage of TEE, and the increasing importance of followup MRI will be presented. Based on reviewer comments, the editors will include more MRI angiograms, more detailed information on prosthetic valve and posttransplant care, and more correlative anatomic examples in relevant chapters.
This issue of Orthopedic Clinics will cover a variety of important topics surrounding Outpatient Surgery. Each issue in the series is edited by an experienced team of surgeons from the Campbell Clinic. Articles will discuss the following topics: Outpatient Total Knee Arthroplasty; Total Hip Arthroplasty in the Outpatient Setting; Impact of Outpatient Total Joint Replacement on Postoperative Outcomes; The Role of Hardware Removal in Orthopaedic Trauma; The Role of Superior Capsule Reconstruction in Rotator Cuff Tears; Outpatient shoulder arthroplasty; Outpatient Management of Ankle Fractures, and Ultrasound Procedures in Foot and Ankle, among others.
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