In 'Panic Rules!', economist Robin Hahnel explores the urgent and sometimes chaotic nature of economic decision-making in crisis situations. He argues that traditional economic theories often fall short in providing the necessary tools to handle unpredictable events. Through a series of compelling examples, Hahnel challenges readers to rethink their understanding of economics in a world where panic can drive irrational behavior. This thought-provoking analysis not only illuminates the pitfalls of panic-driven decisions but also outlines pathways for more rational approaches. Dive into this captivating read to discover how we can effectively navigate economic uncertainty and build a more resilient future.
By Robin Hahnel
Published: 1999
"In a world of chaos and uncertainty, it is our collective power to envision a better future that will guide us through the panic."
A witty and accessible manual to the global economic crisis.
Showing 8 of 18 similar books
Elon Musk is an influential entrepreneur and innovator known for founding and leading several groundbreaking companies, including Tesla, SpaceX, Neuralink, and The Boring Company. He has played a pivotal role in advancing electric vehicles, space exploration, and renewable energy. Musk's vision extends to colonizing Mars and reducing the risk of human extinction through space travel. In addition to his technological contributions, he has co-authored the book "Spacex: Making Commercial Spaceflight a Reality," providing insights into his ambitious projects and vision for the future. Musk's relentless pursuit of innovation continues to shape the trajectory of multiple industries.
Eric Weinstein is an accomplished American mathematician, economist, and writer, known for his influential work in the fields of geometric unity and economic theory. As the Managing Director of Thiel Capital, he has significantly impacted the financial and technological sectors. Weinstein is also renowned for his thought-provoking discussions on the podcast "The Portal," where he explores complex scientific and social issues. He has written extensively on a variety of topics, contributing to both academic and popular literature. His unique perspectives and interdisciplinary approach have earned him recognition as a leading intellectual voice of his generation.
David Sinclair is an Australian biologist and professor at Harvard Medical School, known for his pioneering research in the field of aging and longevity. Sinclair's work focuses on understanding the biological mechanisms that drive aging and developing interventions to slow or reverse the process. His bestselling book Lifespan: Why We Age – and Why We Don’t Have To explores the latest advancements in anti-aging science and offers insights into how humans might extend their healthspan. Sinclair's research has led to breakthroughs in areas such as sirtuins, NAD+ metabolism, and cellular reprogramming. He is also the co-founder of several biotech companies, including Sirtris Pharmaceuticals and Life Biosciences, dedicated to translating aging research into practical treatments. Sinclair is a vocal advocate for taking a proactive approach to aging, promoting lifestyle changes and emerging therapies to delay age-related diseases. His work has made him a leading figure in the longevity movement, influencing both scientific and public discourse on the future of health.
Ben Shapiro is an American conservative political commentator, author, and lawyer, known for his sharp analytical skills and outspoken views. He graduated from UCLA at the age of 20 and Harvard Law School at 23, demonstrating his early intellectual prowess. Shapiro is the author of several best-selling books including "Bullies: How the Left's Culture of Fear and Intimidation Silences Americans" and "The Right Side of History: How Reason and Moral Purpose Made the West Great." He is the co-founder and editor emeritus of The Daily Wire, a popular conservative news and opinion website. Through his writing and media presence, Shapiro has significantly influenced contemporary political discourse in the United States.
Brian Tracy is a renowned Canadian-American motivational speaker, self-development author, and business consultant. He has written over 70 books, including bestsellers like "Eat That Frog!" and "The Psychology of Achievement," which have been translated into dozens of languages. Tracy's work primarily focuses on personal success, leadership, time management, and sales strategies. He has also delivered over 5,000 speeches and seminars around the world, inspiring millions to improve their lives and careers. His practical advice and actionable insights have cemented his reputation as a leading authority in personal and professional development.
Keith Rabois is a prominent American entrepreneur, investor, and author known for his significant contributions to the tech industry and startup ecosystem. He played crucial roles in the early success of companies like PayPal, LinkedIn, Square, and Yelp, earning a reputation as a skilled operator and strategic thinker. As a partner at Founders Fund and later at Khosla Ventures, Rabois has invested in and advised numerous successful startups. In addition to his business ventures, he has written insightful articles and essays on technology, entrepreneurship, and innovation, contributing to the broader discourse on these subjects. Rabois continues to influence the tech world with his strategic insights and thought leadership.
Andrew Lokenauth is a distinguished author and financial expert known for his insightful contributions to personal finance and investment literature. With a career spanning over a decade, he has written extensively on topics such as wealth management, financial planning, and market analysis. Lokenauth's works are celebrated for their clarity and practical advice, making complex financial concepts accessible to a broad audience. He has been featured in numerous financial publications and has established himself as a trusted voice in the industry. Beyond his writing, Lokenauth is also a sought-after speaker, sharing his expertise at various seminars and workshops.
Alexis Ohanian is an American entrepreneur, investor, and co-founder of Reddit, one of the world’s most popular social news and discussion platforms. Ohanian is also a prominent advocate for open internet and net neutrality, and he has invested in numerous startups through his venture capital firm, Initialized Capital. In addition to his work in tech, Ohanian is involved in philanthropy, supporting causes related to women’s rights, education, and social justice. He is married to tennis star Serena Williams, and together they advocate for gender equality and inclusive leadership. Ohanian’s influence in the tech world and his commitment to social impact have made him a respected figure in both business and activism.
Showing 8 of 17 related collections
“In a world of chaos and uncertainty, it is our collective power to envision a better future that will guide us through the panic.”
Panic Rules!
By Robin Hahnel
Discover a world of knowledge through our extensive collection of book summaries.
Robin Hahnel is an esteemed author and economist, widely recognized for his contributions to economic theory and social justice. He is best known for his works 'Of the People, By the People: The Case for a Participatory Economy' and 'Demand: A New Approach to the Economic Crisis.' Hahnel's writing is characterized by its accessibility and its advocacy for participatory economics, emphasizing the importance of democratic decision-making and social equity in economic systems. His insightful analysis challenges traditional economic perspectives and inspires readers to rethink the relationship between economy and society.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "Misbehaving: The Making of Behavioral Economics," Nobel laureate Richard Thaler takes readers on a riveting journey through the evolution of behavioral economics, a field that challenges traditional economic theories. Thaler candidly shares his experiences and groundbreaking experiments that reveal how human behavior often defies rational expectations, leading to surprising choices in everyday life. With a blend of humor and keen insight, he highlights the quirks and biases that influence decision-making, reshaping our understanding of markets and policies. This enlightening narrative not only unveils the complexities of human behavior but also emphasizes the importance of incorporating psychology into economic thinking. Dive into a world where misbehavior leads to profound revelations about the way we live, work, and decide!
In "Nudge," behavioral economists Richard Thaler and Cass Sunstein unveil the subtle art of influencing choices and shaping outcomes without restricting freedom. They explore how small, seemingly insignificant changes in the way options are presented can lead to drastically improved decisions in health, finance, and overall happiness. With compelling real-world examples and engaging insights, the authors demonstrate how understanding human psychology can empower individuals and policymakers alike. Dive into a world where choice architecture transforms lives and reshapes society's approach to welfare. Discover the hidden nudges that could change everything about the way we choose!
In "Business Adventures," renowned author John Brooks takes readers on a captivating journey through twelve compelling tales of corporate triumphs and failures. These real-world stories illuminate the timeless lessons of business, from the stock market collapse of 1962 to the explosive rise of Xerox. Each narrative is densely packed with intrigue, showcasing the human elements that drive decisions and shape outcomes in the corporate world. With sharp insights and humor, Brooks reveals the unpredictable nature of business that still resonates today. Prepare to be fascinated by the compelling drama that unfolds in the boardrooms and backrooms where fortunes are made and lost.
In "Hooked: How to Build Habit-Forming Products," Nir Eyal unravels the psychological principles behind why some products captivate users while others fade into oblivion. Through the engaging “Hook Model,” he outlines a four-step process—trigger, action, variable reward, and investment—that drives user engagement. Packed with real-world examples and compelling insights, Eyal illustrates how successful companies design their offerings to create habits that keep customers coming back. As you dive into the book, you’ll uncover the ethical implications of these practices and consider how they shape our daily lives. Are you ready to discover the secrets behind the products that hold your attention and transform your behavior?
In 'The Wealth of Nations', Adam Smith unveils the intricate dynamics of economics and its impact on society. He argues that free markets, driven by individual self-interest, can lead to unprecedented prosperity. Smith introduces the concept of the 'invisible hand,' suggesting that personal ambitions can benefit the collective good. This groundbreaking work lays the foundation for modern economics, challenging prevailing mercantilist ideas. Dive into Smith's insights to uncover how economic forces shape our world and influence our everyday lives.
No summary available
In 'Freakonomics,' Steven D. Levitt and Stephen J. Dubner explore the hidden side of everything, revealing the surprising truths behind human behavior and decision-making. Through a series of intriguing case studies, they uncover the economic forces that shape our lives in ways we never expected. What do schoolteachers and sumo wrestlers have in common? How do incentives drive the behavior of people in powerful positions? Prepare to challenge your assumptions and see the world through a lens of data and unconventional thinking.
In 'The Halo Effect', Phil Rosenzweig challenges the myths surrounding business success and how perceptions can skew reality. He argues that the admiration for successful companies often blinds us to their flaws, creating a 'halo effect' that distorts our understanding of what truly drives performance. With insightful case studies and rigorous analysis, Rosenzweig exposes the pitfalls of relying on anecdotal evidence and the allure of hindsight. Dive into this thought-provoking exploration and discover how to break free from these cognitive biases. Prepare to rethink what you thought you knew about success in the corporate world!
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
