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A Call for Judgment: Sensible Finance for a Dynamic Economy

by Amar Bhide

Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets. Yet modern finance blatantly neglects these necessary elements for enterprise. In the last several decades finance has become increasingly centralized, distanced, and mechanistic. Instead of many lending officers making judgments about borrowers they know, credit decisions are the output of the models of a few Wall Street wizards and credit agencies. This robotic centralized finance stifles the dynamism of the real economy and leads to recurring collapses. A Call for Judgment clearly explains how bad theories and mis-regulation have caused a dangerous divergence between the real economy and finance. In simple language Bhidé takes apart the so-called advances in modern finance, showing how backward-looking, top-down models were used to mass-produce toxic products. Thanks to excessively tight securities laws and loose banking laws, anonymous transactions have displaced relationship-based finance. And Bhidé offers, tough simple rules for restoring relationships and case-by-case judgment: limit banks--and all deposit taking institutions--to basic lending and nothing else. A Call for Judgment is both a primer on the role of finance in a dynamic modern economy, and a cautionary tale about the pitfalls of banks functioning as highly centralized, mechanistic entities. It is essential reading for anyone interested in bringing the economy back to a point at which decisions can be made that foster organic economic growth without the potentially disastrous risks currently accepted by modern finance.

A Call for Judgment: Sensible Finance for a Dynamic Economy

by Amar Bhide

Our prosperity requires the enterprise of innumerable individuals and businesses who exercise their imagination and judgment-and bear responsibility for outcomes. And widespread enterprise is fostered through dialogue and relationships, not merely prices in anonymous markets. Yet modern finance blatantly neglects these necessary elements for enterprise. In the last several decades finance has become increasingly centralized, distanced, and mechanistic. Instead of many lending officers making judgments about borrowers they know, credit decisions are the output of the models of a few Wall Street wizards and credit agencies. This robotic centralized finance stifles the dynamism of the real economy and leads to recurring collapses. A Call for Judgment clearly explains how bad theories and mis-regulation have caused a dangerous divergence between the real economy and finance. In simple language Bhidé takes apart the so-called advances in modern finance, showing how backward-looking, top-down models were used to mass-produce toxic products. Thanks to excessively tight securities laws and loose banking laws, anonymous transactions have displaced relationship-based finance. And Bhidé offers, tough simple rules for restoring relationships and case-by-case judgment: limit banks--and all deposit taking institutions--to basic lending and nothing else. A Call for Judgment is both a primer on the role of finance in a dynamic modern economy, and a cautionary tale about the pitfalls of banks functioning as highly centralized, mechanistic entities. It is essential reading for anyone interested in bringing the economy back to a point at which decisions can be made that foster organic economic growth without the potentially disastrous risks currently accepted by modern finance.

The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World

by Amar Bhidé

Many warn that the next stage of globalization--the offshoring of research and development to China and India--threatens the foundations of Western prosperity. But in The Venturesome Economy, acclaimed business and economics scholar Amar Bhidé shows how wrong the doomsayers are. Using extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies, Bhidé explains why know-how developed abroad enhances--not diminishes--prosperity at home, and why trying to maintain the U.S. lead by subsidizing more research or training more scientists will do more harm than good. When breakthrough ideas have no borders, a nation's capacity to exploit cutting-edge research regardless of where it originates is crucial: "venturesome consumption"--the willingness and ability of businesses and consumers to effectively use products and technologies derived from scientific research--is far more important than having a share of such research. In fact, a venturesome economy benefits from an increase in research produced abroad: the success of Apple's iPod, for instance, owes much to technologies developed in Asia and Europe. Many players--entrepreneurs, managers, financiers, salespersons, consumers, and not just a few brilliant scientists and engineers--have kept the United States at the forefront of the innovation game. As long as their venturesome spirit remains alive and well, advances abroad need not be feared. Read The Venturesome Economy and learn why--and see how we can keep it that way.

The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World (The Kauffman Foundation Series on Innovation and Entrepreneurship)

by Amar Bhidé

Many warn that the next stage of globalization--the offshoring of research and development to China and India--threatens the foundations of Western prosperity. But in The Venturesome Economy, acclaimed business and economics scholar Amar Bhidé shows how wrong the doomsayers are. Using extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies, Bhidé explains why know-how developed abroad enhances--not diminishes--prosperity at home, and why trying to maintain the U.S. lead by subsidizing more research or training more scientists will do more harm than good. When breakthrough ideas have no borders, a nation's capacity to exploit cutting-edge research regardless of where it originates is crucial: "venturesome consumption"--the willingness and ability of businesses and consumers to effectively use products and technologies derived from scientific research--is far more important than having a share of such research. In fact, a venturesome economy benefits from an increase in research produced abroad: the success of Apple's iPod, for instance, owes much to technologies developed in Asia and Europe. Many players--entrepreneurs, managers, financiers, salespersons, consumers, and not just a few brilliant scientists and engineers--have kept the United States at the forefront of the innovation game. As long as their venturesome spirit remains alive and well, advances abroad need not be feared. Read The Venturesome Economy and learn why--and see how we can keep it that way.

Problem-Based Obstetric Ultrasound

by Amar Bhide Asma Khalil Aris T. Papageorghiou Susana Pereira Shanthi Sairam Basky Thilaganathan

This book contains a series of clinical cases that address and illustrate difficult problems in obstetric ultrasound. The approach is strongly didactic and will aid trainees in maternal-fetal medicine and obstetrics to appreciate potential pitfalls and recognize rare presentations. Each case sets out one page of text, then one of treatment algorithms, and then presents sample ultrasound scans. Learning objectives are given for each case, together with a short list of references and background reading.

The Origin and Evolution of New Businesses

by Amar V. Bhidé

The Origin and Evolution of New Businesses

by Amar V. Bhide

What is this mysterious activity we call entrepreneurship? Does success require special traits and skills or just luck? Can large companies follow their example? What role does venture capital play? In a field dominated by anecdote and folklore, this landmark study integrates more than ten years of intensive research and modern theories of business and economics. The result is a comprehensive framework for understanding entrepreneurship that provides new and penetrating insights. Examining hundreds of successful ventures, the author finds that the typical business has humble, improvised origins. Well-planned start-ups, backed by substantial venture capital, are exceptional. Entrepreneurs like Bill Gates and Sam Walton initially pursue small, uncertain opportunities, without much capital, market research, or breakthrough technologies. Coping with ambiguity and surprises, face-to-face selling, and making do with second-tier employees is more important than foresight, deal-making, or recruiting top-notch teams. Transforming improvised start-ups into noteworthy enterprises requires a radical shift, from "opportunistic adaptation" in niche markets to the pursuit of ambitious strategies. This requires traits such as ambition and risk-taking that are initially unimportant. Mature corporations have to pursue entrepreneurial activity in a much more disciplined way. Companies like Intel and Merck focus their resources on large-scale initiatives that scrappy entrepreneurs cannot undertake. Their success requires carefully chosen bets, meticulous planning, and the smooth coordination of many employees rather than the talents of a driven few. This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.

The Origin and Evolution of New Businesses

by Amar V. Bhide

What is this mysterious activity we call entrepreneurship? Does success require special traits and skills or just luck? Can large companies follow their example? What role does venture capital play? In a field dominated by anecdote and folklore, this landmark study integrates more than ten years of intensive research and modern theories of business and economics. The result is a comprehensive framework for understanding entrepreneurship that provides new and penetrating insights. Examining hundreds of successful ventures, the author finds that the typical business has humble, improvised origins. Well-planned start-ups, backed by substantial venture capital, are exceptional. Entrepreneurs like Bill Gates and Sam Walton initially pursue small, uncertain opportunities, without much capital, market research, or breakthrough technologies. Coping with ambiguity and surprises, face-to-face selling, and making do with second-tier employees is more important than foresight, deal-making, or recruiting top-notch teams. Transforming improvised start-ups into noteworthy enterprises requires a radical shift, from "opportunistic adaptation" in niche markets to the pursuit of ambitious strategies. This requires traits such as ambition and risk-taking that are initially unimportant. Mature corporations have to pursue entrepreneurial activity in a much more disciplined way. Companies like Intel and Merck focus their resources on large-scale initiatives that scrappy entrepreneurs cannot undertake. Their success requires carefully chosen bets, meticulous planning, and the smooth coordination of many employees rather than the talents of a driven few. This clearly and concisely written book is essential for anyone who wants to start a business, for the entrepreneur or executive who wants to grow a company, and for the scholar who wants to understand this crucial economic activity.

Beyond All Directions

by Ṭhānissaro Bhikkhu

The fifth collection of essays. Includes: Beyond All Directions, Lost in Quotation, An All-around Eye, Mettā Means Goodwill, On Denying Defilement, Virtue Without Attachment, The Limits of the Unlimited Attitudes, The Essence of the Dhamma, The Middles of the Middle Way, and The Arrows of Thinking.

Revival: The Message of Buddhism (Routledge Revivals)

by Subhadra Bhikkhu

The Message of Buddhism is an adaptation of the Buddhist Catechism of the late Subhadra Bhikkhu which was first published in 1888. The eighth and last edition of the Catechism was translated into English by C. T. Strauss, and was published by the Maha-Bodhi Society in 1908.

Revival: The Message of Buddhism (Routledge Revivals)

by Subhadra Bhikkhu

The Message of Buddhism is an adaptation of the Buddhist Catechism of the late Subhadra Bhikkhu which was first published in 1888. The eighth and last edition of the Catechism was translated into English by C. T. Strauss, and was published by the Maha-Bodhi Society in 1908.

Dhammapada: A Translation

by Thanissaro Bhikkhu

An anthology of verses attributed to the Buddha, long recognized as one of the masterpieces of early Buddhist literature.

Edle Strategie: Abhandlungen über den buddhistischen Pfad

by Thanissaro Bhikkhu

Die Aufsätze in diesem Buch stellen Ansichten zu grundlegenden Elementen des buddhistischen Pfades dar - die Einstellungen, Vorstellungen und Praktiken, die zur völligen Freiheit des Geistes führen.

Head & Heart Together: Essays

by Thanissaro Bhikkhu

<p class="description">Essays on the path of Buddhist practice.</p>

The Karma of Questions: Essays on the Buddhist Path

by Thanissaro Bhikkhu

The 12 essays in this book are an attempt to follow the Buddha's example in approaching questions, trying to trace back to the questions that molded his teaching, and resisting the temptation to focus on questions that would force those teachings into a different shape.

Meditations 4: Dhamma Talks

by Thanissaro Bhikkhu

<p class="description">A collection of transcribed Dhamma talks given by Thanissaro Bhikkhu on Buddhist meditation and practice.</p>

Meditations 5: Dhamma Talks

by Thanissaro Bhikkhu

A collection of transcribed Dhamma talks given by Thanissaro Bhikkhu on Buddhist meditation and practice.

Meditations6

by Thanissaro Bhikkhu

Dhamma talks on breath meditation and various aspects of the Buddhist Path given during the evening meditation sessions at Metta Forest Monastery from 2009-2011.

Noble Strategy: Essays on the Buddhist Path

by Thanissaro Bhikkhu

A collection of essays by Thanissaro Bhikkhu addressing various aspects of the Buddhist Path. This book is a good entry point for those unacquainted with Buddhism or the Thai Forest Tradition.

Purity of Heart: Essays on the Buddhist Path

by Thanissaro Bhikkhu

13 essays on why compassion based only on belief or feeling is not enough to guarantee our behavior, and why the practice of training the mind to reach an unconditioned happiness is not a selfish thing.

Purity of Heart: Essays on the Buddhist Path

by Thanissaro Bhikkhu

Essays on the Buddhist Path

Refuge: An Introduction to the Buddha, Dhamma, & Sangha

by Thanissaro Bhikkhu

This book is a short introduction to the basic principles of Buddhism: the Buddha, the Dhamma (his teachings), and Sangha (the community of his noble disciples), also known as the Triple Gem or the Triple Refuge.

The Wings to Awakening: An Anthology from the Pali Canon

by Thanissaro Bhikkhu

This anthology is organized around the set of Buddhist teachings that Buddha said formed the heart of his message: the Wings to Awakening (bodhi-pakkhiya-dhamma).

Tuesday (Modern Plays)

by Michael Bhim

I always thought Mondays were the worst. You tell yourself get through the day, by Tuesday you'll be back on the wagon . . . But sometimes, by the time Tuesday comes, if you're still just the same, still drinking, self-loathing . . . you know the rest of the week is a write-off. Edward still lives in his marital home, albeit alone, estranged from his wife and child. When a chance encounter with an old school friend results in an invitation to a house warming, it sets him on a self-revelatory journey, with interesting results. Written by Alfred Fagon Award-winning playwright Michael Bhim, Tuesday is a dark and tense comedy of self-discovery. It was first performed at the White Bear theatre in Kennington, London, on 18 October 2016.

Tuesday (Modern Plays)

by Michael Bhim

I always thought Mondays were the worst. You tell yourself get through the day, by Tuesday you'll be back on the wagon . . . But sometimes, by the time Tuesday comes, if you're still just the same, still drinking, self-loathing . . . you know the rest of the week is a write-off. Edward still lives in his marital home, albeit alone, estranged from his wife and child. When a chance encounter with an old school friend results in an invitation to a house warming, it sets him on a self-revelatory journey, with interesting results. Written by Alfred Fagon Award-winning playwright Michael Bhim, Tuesday is a dark and tense comedy of self-discovery. It was first performed at the White Bear theatre in Kennington, London, on 18 October 2016.

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