Name: Success and Luck: Good Fortune and the Myth of Meritocracy
Price: 477.00 ZAR
Availability: InStock
Author: Robert H. Frank
ISBN: 9780691178301

portada Success and Luck: Good Fortune and the Myth of Meritocracy

Success and Luck: Good Fortune and the Myth of Meritocracy

Type

Physical Book

Author

Robert H. Frank

Publisher

Princeton University Press

Language

English

Pages

208

Format

Paperback

Dimensions

20.1 x 13.2 x 1.8 cm

Weight

0.18 kg.

ISBN13

9780691178301

Synopsis "Success and Luck: Good Fortune and the Myth of Meritocracy "

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 it How 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.

Robert H. Frank

(Author)

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Robert H. Frank (Robert Harris Frank) es un economista y académico estadounidense reconocido por sus aportes a la economía del comportamiento y la economía del consumidor. Profesor durante décadas en la Universidad de Cornell, ha centrado su trabajo en analizar cómo factores sociales y psicológicos influyen en las decisiones económicas, cuestionando el modelo tradicional del individuo plenamente racional. Su estilo se distingue por traducir conceptos complejos en ejemplos cotidianos, acercando la economía al público general sin perder rigor analítico.

Entre sus obras más conocidas se encuentran The Economic Naturalist, Luxury Fever y The Darwin Economy, donde examina temas como el consumo conspicuo, la competencia social y las externalidades en la vida cotidiana. También es coautor, junto a Ben S. Bernanke, del manual Principles of Economics, ampliamente utilizado en educación superior. Su trabajo combina teoría y observación empírica, proponiendo una visión de la economía más conectada con el comportamiento real de las personas y los desafíos sociales contemporáneos.

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