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Specialization and Trade

Author: Arnold Kling

Publisher: Cato Institute

Published: 2016-06-14

Total Pages: 212

ISBN-13: 1944424164

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Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Book Synopsis Specialization and Trade by : Arnold Kling

Download or read book Specialization and Trade written by Arnold Kling and published by Cato Institute. This book was released on 2016-06-14 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of the second World War, economics professors and classroom textbooks have been telling us that the economy is one big machine that can be effectively regulated by economic experts and tuned by government agencies like the Federal Reserve Board. It turns out they were wrong. Their equations do not hold up. Their policies have not produced the promised results. Their interpretations of economic events -- as reported by the media -- are often of-the-mark, and unconvincing. A key alternative to the one big machine mindset is to recognize how the economy is instead an evolutionary system, with constantly-changing patterns of specialization and trade. This book introduces you to this powerful approach for understanding economic performance. By putting specialization at the center of economic analysis, Arnold Kling provides you with new ways to think about issues like sustainability, financial instability, job creation, and inflation. In short, he removes stiff, narrow perspectives and instead provides a full, multi-dimensional perspective on a continually evolving system.

Range

Author: David Epstein

Publisher: Penguin

Published: 2021-04-27

Total Pages: 369

ISBN-13: 0735214506

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The #1 New York Times bestseller that has all America talking—with a new afterword on expanding your range—as seen on CNN's Fareed Zakaria GPS, Morning Joe, CBS This Morning, and more. “The most important business—and parenting—book of the year.” —Forbes “Urgent and important. . . an essential read for bosses, parents, coaches, and anyone who cares about improving performance.” —Daniel H. Pink Shortlisted for the Financial Times/McKinsey Business Book of the Year Award Plenty of experts argue that anyone who wants to develop a skill, play an instrument, or lead their field should start early, focus intensely, and rack up as many hours of deliberate practice as possible. If you dabble or delay, you’ll never catch up to the people who got a head start. But a closer look at research on the world’s top performers, from professional athletes to Nobel laureates, shows that early specialization is the exception, not the rule. David Epstein examined the world’s most successful athletes, artists, musicians, inventors, forecasters and scientists. He discovered that in most fields—especially those that are complex and unpredictable—generalists, not specialists, are primed to excel. Generalists often find their path late, and they juggle many interests rather than focusing on one. They’re also more creative, more agile, and able to make connections their more specialized peers can’t see. Provocative, rigorous, and engrossing, Range makes a compelling case for actively cultivating inefficiency. Failing a test is the best way to learn. Frequent quitters end up with the most fulfilling careers. The most impactful inventors cross domains rather than deepening their knowledge in a single area. As experts silo themselves further while computers master more of the skills once reserved for highly focused humans, people who think broadly and embrace diverse experiences and perspectives will increasingly thrive.

Book Synopsis Range by : David Epstein

Download or read book Range written by David Epstein and published by Penguin. This book was released on 2021-04-27 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: The #1 New York Times bestseller that has all America talking—with a new afterword on expanding your range—as seen on CNN's Fareed Zakaria GPS, Morning Joe, CBS This Morning, and more. “The most important business—and parenting—book of the year.” —Forbes “Urgent and important. . . an essential read for bosses, parents, coaches, and anyone who cares about improving performance.” —Daniel H. Pink Shortlisted for the Financial Times/McKinsey Business Book of the Year Award Plenty of experts argue that anyone who wants to develop a skill, play an instrument, or lead their field should start early, focus intensely, and rack up as many hours of deliberate practice as possible. If you dabble or delay, you’ll never catch up to the people who got a head start. But a closer look at research on the world’s top performers, from professional athletes to Nobel laureates, shows that early specialization is the exception, not the rule. David Epstein examined the world’s most successful athletes, artists, musicians, inventors, forecasters and scientists. He discovered that in most fields—especially those that are complex and unpredictable—generalists, not specialists, are primed to excel. Generalists often find their path late, and they juggle many interests rather than focusing on one. They’re also more creative, more agile, and able to make connections their more specialized peers can’t see. Provocative, rigorous, and engrossing, Range makes a compelling case for actively cultivating inefficiency. Failing a test is the best way to learn. Frequent quitters end up with the most fulfilling careers. The most impactful inventors cross domains rather than deepening their knowledge in a single area. As experts silo themselves further while computers master more of the skills once reserved for highly focused humans, people who think broadly and embrace diverse experiences and perspectives will increasingly thrive.

Education and Employment Specialization in 1952 of June 1951 College Graduates

Author: National Science Foundation (U.S.)

Publisher:

Published: 1955

Total Pages: 96

ISBN-13:

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Book Synopsis Education and Employment Specialization in 1952 of June 1951 College Graduates by : National Science Foundation (U.S.)

Download or read book Education and Employment Specialization in 1952 of June 1951 College Graduates written by National Science Foundation (U.S.) and published by . This book was released on 1955 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Advances in the Theory and Practice of Smart Specialization

Author: Slavo Radosevic

Publisher: Academic Press

Published: 2017-08-17

Total Pages: 394

ISBN-13: 0128041595

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Regional growth in the European Union hinges to a large extent on smart specialization, a new and exciting theme in economic innovation studies. Advances in the Theory and Practice of Smart Specialization illuminates problems that have stifled the implementation of smart specialization policies, such as unique regional constraints and the inter-dependent demands of economic growth and commercial development. Forward-looking and pragmatic, it provides guidance for developing smart specialization strategies both to those involved in European affairs and others grappling with regional innovation and economic development worldwide. Emphasizes specific contexts for smart specialization, its international approach and institutional preconditions Examines comparable initiatives worldwide Explains how to implement smart specialization policies given different development levels of regions and countries

Book Synopsis Advances in the Theory and Practice of Smart Specialization by : Slavo Radosevic

Download or read book Advances in the Theory and Practice of Smart Specialization written by Slavo Radosevic and published by Academic Press. This book was released on 2017-08-17 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional growth in the European Union hinges to a large extent on smart specialization, a new and exciting theme in economic innovation studies. Advances in the Theory and Practice of Smart Specialization illuminates problems that have stifled the implementation of smart specialization policies, such as unique regional constraints and the inter-dependent demands of economic growth and commercial development. Forward-looking and pragmatic, it provides guidance for developing smart specialization strategies both to those involved in European affairs and others grappling with regional innovation and economic development worldwide. Emphasizes specific contexts for smart specialization, its international approach and institutional preconditions Examines comparable initiatives worldwide Explains how to implement smart specialization policies given different development levels of regions and countries

Craft Specialization and Social Evolution

Author: Bernard Wailes

Publisher: UPenn Museum of Archaeology

Published: 1996-01-29

Total Pages: 264

ISBN-13: 9780924171437

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V. Gordon Childe was the first scholar to attempt a broad and sustained socioeconomic analysis of the archaeology of the ancient world in terms that, today, could be called explanatory. To most, he was remembered only as a diligent synthesizer whose whole interpretation collapsed when its chronology was demolished. There was little recognition of his insistence that the emergence of craft specialists, and their very variable roles in the relations of production, were crucial to an understanding of social evolution. The interrelationship between sociopolitical complexity and craft production is a critical one, so critical that one might ask, just how complex would any society have become without craft specialization. This volume derives from the papers presented at a symposium at the American Anthropological Association meetings on the centenary of Childe's birth. Contributors to the volume include David W. Anthony, Philip J. Arnold III, Bennet Bronson, Robert Chapman, John E. Clark, Cathy L. Costin, Pam J. Crabtree, Philip L. Kohl, D. Blair Gibson, Antonio Gilman, Vincent C. Piggott, Jeremy A. Sabloff, Gil J. Stein, Ruth Tringham, Anne P. Underhill, Bernard Wailes, Peter S. Wells, Joyce C. White, Rita P. Wright, and Richard L. Zettler. Symposium Series Volume VI University Museum Monograph, 93

Book Synopsis Craft Specialization and Social Evolution by : Bernard Wailes

Download or read book Craft Specialization and Social Evolution written by Bernard Wailes and published by UPenn Museum of Archaeology. This book was released on 1996-01-29 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: V. Gordon Childe was the first scholar to attempt a broad and sustained socioeconomic analysis of the archaeology of the ancient world in terms that, today, could be called explanatory. To most, he was remembered only as a diligent synthesizer whose whole interpretation collapsed when its chronology was demolished. There was little recognition of his insistence that the emergence of craft specialists, and their very variable roles in the relations of production, were crucial to an understanding of social evolution. The interrelationship between sociopolitical complexity and craft production is a critical one, so critical that one might ask, just how complex would any society have become without craft specialization. This volume derives from the papers presented at a symposium at the American Anthropological Association meetings on the centenary of Childe's birth. Contributors to the volume include David W. Anthony, Philip J. Arnold III, Bennet Bronson, Robert Chapman, John E. Clark, Cathy L. Costin, Pam J. Crabtree, Philip L. Kohl, D. Blair Gibson, Antonio Gilman, Vincent C. Piggott, Jeremy A. Sabloff, Gil J. Stein, Ruth Tringham, Anne P. Underhill, Bernard Wailes, Peter S. Wells, Joyce C. White, Rita P. Wright, and Richard L. Zettler. Symposium Series Volume VI University Museum Monograph, 93

The Technological Specialization of Advanced Countries

Author: D. Archibugi

Publisher: Springer Science & Business Media

Published: 2013-04-17

Total Pages: 190

ISBN-13: 9401579997

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Advanced countries have shown an increasing convergence in their economic performance and technological intensity, with a relative decline of the position of the United States and the emergence of the European and Japanese economies. The Technological Specialization of Advanced Countries moves beyond aggregate patterns and examines the sectoral structure of technological activities, the process of specialization, and the impact on national performance. Indicators of technology and of scientific activity are examined together with other economic and R & D data, providing a wealth of empirical evidence on the activities, and areas of strength and weakness of individual countries. The amount of disaggregated data provided, and the assessment offered on the state of art in science and technology indicators, make The Technological Specialization of Advanced Countries an important reference work. A description of the fields of national effort is provided and a special study is devoted to the fields of greater innovative dynamism where patenting has grown most rapidly. Over time, countries have concentrated their technological efforts in the fields of their greater strength, under the pressure of increasing international competition and the proprietary nature of know how. Conversely, in science there has generally been a decrease in the degree of specialization, with countries entering new fields of research, taking advantage of the open flow of scientific knowledge. For science and technology policy, the findings of The Technological Specialization of Advanced Countries suggest that national efforts should be combined with the growing international integration. The aims of maintaining established areas of strength and of developing new specializations in emerging fields should be balanced, and a more selective policy at the sectoral level is suggested.

Book Synopsis The Technological Specialization of Advanced Countries by : D. Archibugi

Download or read book The Technological Specialization of Advanced Countries written by D. Archibugi and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced countries have shown an increasing convergence in their economic performance and technological intensity, with a relative decline of the position of the United States and the emergence of the European and Japanese economies. The Technological Specialization of Advanced Countries moves beyond aggregate patterns and examines the sectoral structure of technological activities, the process of specialization, and the impact on national performance. Indicators of technology and of scientific activity are examined together with other economic and R & D data, providing a wealth of empirical evidence on the activities, and areas of strength and weakness of individual countries. The amount of disaggregated data provided, and the assessment offered on the state of art in science and technology indicators, make The Technological Specialization of Advanced Countries an important reference work. A description of the fields of national effort is provided and a special study is devoted to the fields of greater innovative dynamism where patenting has grown most rapidly. Over time, countries have concentrated their technological efforts in the fields of their greater strength, under the pressure of increasing international competition and the proprietary nature of know how. Conversely, in science there has generally been a decrease in the degree of specialization, with countries entering new fields of research, taking advantage of the open flow of scientific knowledge. For science and technology policy, the findings of The Technological Specialization of Advanced Countries suggest that national efforts should be combined with the growing international integration. The aims of maintaining established areas of strength and of developing new specializations in emerging fields should be balanced, and a more selective policy at the sectoral level is suggested.

Program Specialization

Author: Renaud Marlet

Publisher: John Wiley & Sons

Published: 2013-01-24

Total Pages: 631

ISBN-13: 1118576861

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This book presents the principles and techniques of program specialization — a general method to make programs faster (and possibly smaller) when some inputs can be known in advance. As an illustration, it describes the architecture of Tempo, an offline program specializer for C that can also specialize code at runtime, and provides figures for concrete applications in various domains. Technical details address issues related to program analysis precision, value reification, incomplete program specialization, strategies to exploit specialized program, incremental specialization, and data specialization. The book, that targets both researchers and software engineers, also opens scientific and industrial perspectives.

Book Synopsis Program Specialization by : Renaud Marlet

Download or read book Program Specialization written by Renaud Marlet and published by John Wiley & Sons. This book was released on 2013-01-24 with total page 631 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the principles and techniques of program specialization — a general method to make programs faster (and possibly smaller) when some inputs can be known in advance. As an illustration, it describes the architecture of Tempo, an offline program specializer for C that can also specialize code at runtime, and provides figures for concrete applications in various domains. Technical details address issues related to program analysis precision, value reification, incomplete program specialization, strategies to exploit specialized program, incremental specialization, and data specialization. The book, that targets both researchers and software engineers, also opens scientific and industrial perspectives.

Specializing the Courts

Author: Lawrence Baum

Publisher: University of Chicago Press

Published: 2011-01-15

Total Pages: 296

ISBN-13: 0226039560

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Most Americans think that judges should be, and are, generalists who decide a wide array of cases. Nonetheless, we now have specialized courts in many key policy areas. Specializing the Courts provides the first comprehensive analysis of this growing trend toward specialization in the federal and state court systems. Lawrence Baum incisively explores the scope, causes, and consequences of judicial specialization in four areas that include most specialized courts: foreign policy and national security, criminal law, economic issues involving the government, and economic issues in the private sector. Baum examines the process by which court systems in the United States have become increasingly specialized and the motives that have led to the growth of specialization. He also considers the effects of judicial specialization on the work of the courts by demonstrating that under certain conditions, specialization can and does have fundamental effects on the policies that courts make. For this reason, the movement toward greater specialization constitutes a major change in the judiciary.

Book Synopsis Specializing the Courts by : Lawrence Baum

Download or read book Specializing the Courts written by Lawrence Baum and published by University of Chicago Press. This book was released on 2011-01-15 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most Americans think that judges should be, and are, generalists who decide a wide array of cases. Nonetheless, we now have specialized courts in many key policy areas. Specializing the Courts provides the first comprehensive analysis of this growing trend toward specialization in the federal and state court systems. Lawrence Baum incisively explores the scope, causes, and consequences of judicial specialization in four areas that include most specialized courts: foreign policy and national security, criminal law, economic issues involving the government, and economic issues in the private sector. Baum examines the process by which court systems in the United States have become increasingly specialized and the motives that have led to the growth of specialization. He also considers the effects of judicial specialization on the work of the courts by demonstrating that under certain conditions, specialization can and does have fundamental effects on the policies that courts make. For this reason, the movement toward greater specialization constitutes a major change in the judiciary.