5 Posts found for Author: Sylvia Nasar

In a sweeping narrative, the author of the megabestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It’s the epic story of the making of modern economics, and of how economics rescued mankind from squalor and deprivation by placing its material fate in its own hands … [ Read more ]

Content: Book | Author: Sylvia Nasar | Subject: Economics

The renowned author discusses how the great economists uncovered the basic truth about progress, prosperity, and productivity, and the reasons you should be careful which ideas you listen to.

Content: Article | Authors: Rob Norton, Sylvia Nasar | Source: strategy+business | Subjects: Economics, History

When you look at the ideas that distinguish successful economies from unsuccessful ones, it’s not the difference between, for instance, Paul Samuelson and Milton Friedman, or even Keynes and Hayek. It’s the difference between any of them and something or someone whose ideas are completely dysfunctional. Marx would be an example.

Content: Quotation | Author: Sylvia Nasar | Source: strategy+business | Subject: Economics

That to me answers the question of why people embrace bad ideas or ideas that don’t work. It’s because we’re human beings, and we find narratives that are very powerful and appeal to our emotions.

Content: Quotation | Author: Sylvia Nasar | Source: strategy+business | Subjects: Organizational Behavior, Personality / Behavior, Thought

I think one thing we’ve learned — and the lesson has been repeated recently — is that we can’t predict the macro economy very well. Another thing to keep in mind is that the global macroeconomic environment is not the main determinant of the success of individual companies, or even of countries. Because if it were — if that’s what made the difference — then … [ Read more ]

Content: Quotation | Author: Sylvia Nasar | Source: strategy+business | Subject: Economics