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The Blindfolded Masochist: Creation Versus Destruction: The Power of Economic Networks

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The Blindfolded Masochist

Creation Versus Destruction: The Power of Economic Networks

By Michael Baxter

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Format: Paperback, 160 pages
Published In: United Kingdom, 01 October 2011
The Blindfolded Masochist examines how our evolution and psychological makeup has led us to be 'blind' as individuals. We are unable to see the effects of our individual behaviour on the wider society, and equally unequipped to observe the wider consequence of our behaviour as a group. As such, in our ignorance, we bring harm upon ourselves; we are blindfolded masochists. Understanding network theory: how crowds operate and the intelligence and herd mentality of groups is the key to understanding the modern economy, and resolving the problems it faces. This book will demonstrate: o How networks underpin everything around us o The basics of network theory, game theory and how an individual's behaviour is affected by the networks they are part of o The positive and negative effects of group behaviour, how the group can innovate and cooperate, but also how quickly errors of judgement are established and reinforced o The impact of groupthink on historical events, particularly with respect to politics and economics; specifically war and financial crises o That we have the technology available to us to maximise the extraordinarily creative potential of the network and limit its destructive potential.

Table of Contents

About the author Acknowledgements Introduction Part I Theories Chapter 1 Networks & Networks Theory Chapter 2 Game Theory Part II Human Tendencies Chapter 3 Evolution, Human Evolution Chapter 4 The Human Condition Part III Human Networks Chapter 5 Nodes, Not Individuals Chapter 6 Intelligent As A Group Chapter 7 Blindness & Destruction Part IV Human Society Chapter 8 Masochists of History Chapter 9 Masochism Today Chapter 10 Vision Without Pain Conclusion The Way Forward Bibliography

About the Author

Michael Baxter's somewhat quirky writing, in combination with his take on the economy, has been drawing a wide audience for several years. He launched the daily newsletter Investment and Business News back in 2003, drawing rave feedback from readers and growing steadily in popularity. At the tail-end of 2006 it was sold to Defaqto, with Michael continuing to write the newsletter editorial. Today his views on the economy are frequently quoted in the media.

EAN: 9781906316952
ISBN: 1906316953
Publisher: Hothive Books
Dimensions: 21 x 14 x 1 centimetres (0.28 kg)
Age Range: 15+ years
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