Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Start tilbuddet
DK - Details page - Device banner - 894x1036

The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business

3 Anmeldelser

4.3

Længde
5T 30M
Sprog
Engelsk
Format
Kategori

Fakta

Following books by Malcolm Gladwell and Dan Ariely, noted economics professor William L. Silber explores the Hail Mary effect, from its origins in sports to its applications to history, nature, politics, and business.

A quarterback like Green Bay’s Aaron Rodgers gambles with a Hail Mary pass at the end of a football game when he has nothing to lose -- the risky throw might turn defeat into victory, or end in a meaningless interception. Rodgers may not realize it, but he has much in common with figures such as George Washington, Rosa Parks, Woodrow Wilson, and Adolph Hitler, all of whom changed the modern world with their risk-loving decisions.

In The Power of Nothing to Lose, award-winning economist William Silber explores the phenomenon in politics, war, and business, where situations with a big upside and limited downside trigger gambling behavior like with a Hail Mary. Silber describes in colorful detail how the American Revolution turned on such a gamble. The famous scene of Washington crossing the Delaware on Christmas night to attack the enemy may not look like a Hail Mary, but it was. Washington said days before his risky decision, “If this fails I think the game will be pretty well up.” Rosa Parks remained seated in the white section of an Alabama bus, defying local segregation laws, an act that sparked the modern civil rights movement in America. It was a life-threatening decision for her, but she said, “I was not frightened. I just made up my mind that as long as we accepted that kind of treatment it would continue, so I had nothing to lose.”

The risky exploits of George Washington and Rosa Parks made the world a better place, but demagogues have inflicted great damage with Hail Marys. Towards the end of World War II, Adolph Hitler ordered a desperate counterattack, the Battle of the Bulge, to stem the Allied advance into Germany. He said, “The outcome of the battle would spell either life or death for the German nation.” Hitler failed to change the war’s outcome, but his desperate gamble inflicted great collateral damage, including the worst wartime atrocity on American troops in Europe.

Silber shares these illuminating insights on these figures and more, from Woodrow Wilson to Donald Trump, asylum seekers to terrorists and rogue traders. Collectively they illustrate that downside protection fosters risky undertakings, that it changes the world in ways we least expect.

© 2021 William Morrow (Lydbog): 9780063011557

Release date

Lydbog: 17. august 2021

Andre kan også lide...

  1. WTF?: What's the Future and Why It's Up to Us Tim O'Reilly
  2. Liars and Outliers: Enabling the Trust that Society Needs to Thrive Bruce Schneier
  3. The Search for Why: A revolutionary new model for understanding others, improving communication, and healing division Bob Raleigh
  4. Sludge: What Stops Us from Getting Things Done and What to Do about It Cass R. Sunstein
  5. Shifting the Balance: How Top Organizations Beat the Competition by Combining Intuition with Data Mark Schrutt
  6. Arriving Today: From Factory to Front Door: Why Everything Has Changed About How and What We Buy Christopher Mims
  7. The Future of Energy: Earth, Wind, and Fire Scientific American
  8. Genentech: The Beginnings of Biotech Sally Smith Hughes
  9. Pattern Breakers: The Secrets Behind the World's Most Successful Start-Ups Mike Maples Jr
  10. Scaling Conversations: How Leaders Access the Full Potential of People Dave MacLeod
  11. The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good James O'Toole
  12. The Super Age: Decoding Our Demographic Destiny Bradley Schurman
  13. Under the Influence: Putting Peer Pressure to Work Robert H. Frank
  14. How the World Ran Out of Everything: Inside the Global Supply Chain Peter S. Goodman
  15. Radical Technologies: The Design of Everyday Life Adam Greenfield
  16. A Leader’s Guide to Cybersecurity: Why Boards Need to Lead-And How to Do It Jack J. Domet
  17. The Upside of Uncertainty: A Guide to Finding Possibility in the Unknown Nathan Furr
  18. New Laws of Robotics: Defending Human Expertise in the Age of AI Frank Pasquale
  19. Gorillas Can Dance: Lessons from Microsoft and Other Corporations on Partnering with Startups Shameen Prashantham
  20. The Information Trade: How Big Tech Conquers Countries, Challenges Our Rights, and Disrupts Our World: How Big Tech Conquers Countries, Challenges Our Rights, and Transforms Our World Alexis Wichowski
  21. Thinking in Systems and Mental Models: Think Like a Super Thinker. Primer to Learn the Art of Making a Great Decision and Solving Complex Problems. Chaos Theory, Science of Thinking for Social Change Marcus P. Dawson
  22. Designing the Urban Future: Smart Cities Scientific American
  23. The Body Builders: Inside the Science of the Engineered Human Adam Piore
  24. The Ethics of Influence: Government in the Age of Behavioral Science Cass R. Sunstein
  25. Choose Possibility: How to Master Risk and Thrive Sukhinder Singh Cassidy
  26. Artificial Intelligence: Modern Magic or Dangerous Future? Yorick Wilks
  27. An Internet in Your Head: A New Paradigm for How the Brain Works Daniel Graham
  28. The Delusions Of Crowds: Why People Go Mad in Groups William J. Bernstein
  29. Captivology: The Science of Capturing People's Attention Ben Parr
  30. Cogs and Monsters: What Economics Is, and What It Should Be Diane Coyle
  31. Taming the Octopus: The Long Battle for the Soul of the Corporation Kyle Edward Williams
  32. Split the Pie: A Radical New Way to Negotiate Barry Nalebuff
  33. The Little Book of Big Ethical Questions Susan Liautaud
  34. Social Capital: Life online in the shadow of Ireland’s tech boom Aoife Barry
  35. Game Theory: Understanding the Mathematics of Life Brian Clegg
  36. Games for Your Mind: The History and Future of Logic Puzzles Jason Rosenhouse
  37. Provoke: How Leaders Shape the Future by Overcoming Fatal Human Flaws Steven Goldbach
  38. Big Data: How the Information Revolution Is Transforming Our Lives Brian Clegg
  39. Cracked It!: How to Solve Big Problems and Sell Solutions Like Top Strategy Consultants Olivier Sibony
  40. Luck David Flusfeder
  41. Thinking Like an Economist: How Efficiency Replaced Equality in U.S. Public Policy Elizabeth Popp Berman
  42. Phishing for Phools: The Economics of Manipulation and Deception George A. Akerlof
  43. The Power of Pressure: Why Pressure Isn’t the Problem, It’s the Solution Dane Jensen
  44. The Little Black Book of Decision Making: Making Complex Decisions with Confidence in a Fast-Moving World Michael Nicholas

Vælg dit abonnement

  • Over 600.000 titler

  • Download og nyd titler offline

  • Eksklusive titler + Mofibo Originals

  • Børnevenligt miljø (Kids Mode)

  • Det er nemt at opsige når som helst

Flex

For dig som vil prøve Mofibo.

89 kr. /måned
  • 1 konto

  • 20 timer/måned

  • Gem op til 100 ubrugte timer

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Prøv gratis
Den mest populære

Premium

For dig som lytter og læser ofte.

129 kr. /måned
  • 1 konto

  • 100 timer/måned

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Unlimited

For dig som lytter og læser ubegrænset.

149 kr. /måned
  • 1 konto

  • Ubegrænset adgang

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Family

For dig som ønsker at dele historier med familien.

Fra 179 kr. /måned
  • 2-6 konti

  • 100 timer/måned pr. konto

  • Fri lytning til podcasts

  • Kun 39 kr. pr. ekstra konto

  • Ingen binding

2 konti

179 kr. /måned
Start tilbuddet