Discover new books on Goodreads
Meet your next favorite book
the last strands of a relationship can break from a single glance or a moment of silence.
“Further research by Ernst Fehr and his colleagues has shown that, consistent with Andreoni’s finding, a large proportion of people can be categorized as conditional cooperators, meaning that they are willing to cooperate if enough others do. People start out these games willing to give their fellow players the benefit of the doubt, but if cooperation rates are low, these conditional cooperators turn into free riders. However, cooperation can be maintained even in repeated games if players are given the opportunity to punish those who do not cooperate.”
― Misbehaving: The Making of Behavioural Economics
― Misbehaving: The Making of Behavioural Economics
“The distinguished economist and philosopher Amartya Sen famously called people who always give nothing in this game rational fools for blindly following only material self-interest: “The purely economic man is indeed close to being a social moron. Economic theory has been much preoccupied with this rational fool.”
― Misbehaving: The Making of Behavioural Economics
― Misbehaving: The Making of Behavioural Economics
“West Germany, even after absorbing the migrants fleeing East Germany, had yet more jobs to fill, and in the 1960s signed agreements with Greece, Morocco, Portugal, Spain, Tunisia, Turkey, and Yugoslavia whereby they would send “guest” workers to West Germany, on condition they would eventually return. In 1973, foreign workers were one-eighth of the labor force in Germany. France was not far behind, with 2.3 million foreign workers, or 11 percent of the labor force. Many of these were employed for childcare, as cooks, and as custodians.20 England drew immigrants from the Caribbean and South Asia, including those expelled by Idi Amin from East Africa.”
― The Third Pillar: How Markets and the State Leave the Community Behind
― The Third Pillar: How Markets and the State Leave the Community Behind
“As economist Alan Blinder has argued, all impersonal services that can be delivered electronically at a distance, with little or no degradation in quality, are potentially vulnerable.16 What will be harder to replace are human creativity, customization, and human empathy.”
― The Third Pillar: How Markets and the State Leave the Community Behind
― The Third Pillar: How Markets and the State Leave the Community Behind
“The more explicit and one-off the transaction, the more unrelated and anonymous the parties to the transaction, and the larger the set of participants who can transact with one another, the more the transaction approaches the ideal of a market transaction. The more implicit the terms of the transaction, the more related the parties who transact, the smaller the group that can potentially transact, the less equal the exchange, the broader the range of transactions and the more repetitive transactions are over time between the same parties, the more the transactions approach a relationship. The thicker the web of relationships tying a group of individuals together, the more it is a community. In a sense, the community and the market are two ends of a continuum.”
― The Third Pillar: How Markets and the State Leave the Community Behind
― The Third Pillar: How Markets and the State Leave the Community Behind
SciFi and Fantasy Book Club
— 43112 members
— last activity 29 minutes ago
Hi there! SFFBC is a welcoming place for readers to share their love of speculative fiction through group reads, buddy reads, challenges, ...more
Vishnudeep’s 2025 Year in Books
Take a look at Vishnudeep’s Year in Books, including some fun facts about their reading.
233 books
|
455 friends
983 books
|
78 friends
53 books
|
507 friends
1,140 books
|
89 friends
246 books
|
126 friends
43 books
|
86 friends
22 books
|
183 friends
196 books
|
134 friends
More friends…
Polls voted on by Vishnudeep
Lists liked by Vishnudeep