Non-Fiction Books:

The Blindfolded Masochist

Creation Versus Destruction: The Power of Economic Networks
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Paperback / softback
$19.00
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Description

The Blindfolded Masochist examines how our evolution and psychological makeup has led us to be 'blind' as individuals. We are unable to see the effects of our individual behaviour on the wider society, and equally unequipped to observe the wider consequence of our behaviour as a group. As such, in our ignorance, we bring harm upon ourselves; we are blindfolded masochists. Understanding network theory: how crowds operate and the intelligence and herd mentality of groups is the key to understanding the modern economy, and resolving the problems it faces. This book will demonstrate: o How networks underpin everything around us o The basics of network theory, game theory and how an individual's behaviour is affected by the networks they are part of o The positive and negative effects of group behaviour, how the group can innovate and cooperate, but also how quickly errors of judgement are established and reinforced o The impact of groupthink on historical events, particularly with respect to politics and economics; specifically war and financial crises o That we have the technology available to us to maximise the extraordinarily creative potential of the network and limit its destructive potential.

Author Biography:

Michael Baxter's somewhat quirky writing, in combination with his take on the economy, has been drawing a wide audience for several years. He launched the daily newsletter Investment and Business News back in 2003, drawing rave feedback from readers and growing steadily in popularity. At the tail-end of 2006 it was sold to Defaqto, with Michael continuing to write the newsletter editorial. Today his views on the economy are frequently quoted in the media.
Release date NZ
October 1st, 2011
Audience
  • General (US: Trade)
Pages
160
Dimensions
148x210x10
ISBN-13
9781906316952
Product ID
18310311

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