In this book, Dean Karlan and Jacob Appel present a new approach to solving global poverty by combining insights from behavioral economics with field research from developing countries. They argue that small changes in banking, insurance, health care, and other development initiatives, taking into account human irrationality, can significantly improve the well-being of poor people. The authors draw on economic tools, psychological insights, and empirical studies, advocating for the use of randomized control trials to measure the impacts of poverty alleviation programs. The book offers seven proven effective ideas in development, including microsavings, reminders to save, prepaid fertilizer sales, deworming, remedial education in small groups, chlorine dispensers for clean water, and the use of commitment devices.
In this book, Max Weber argues that the Protestant work ethic, especially as influenced by Calvinism, played a significant role in the development of modern capitalism. Weber posits that the concept of a 'calling' and the this-worldly asceticism of Protestantism fostered a culture of hard work, thrift, and the accumulation of wealth, which were crucial for the emergence of capitalist culture. He contrasts this with the traditional economic attitudes and the medieval monastic ideal of other-worldly asceticism. The book also explores how these religious ideas influenced the development of a rational and disciplined approach to economic activity, which became a hallmark of modern capitalism.
The Bible is a comprehensive collection of texts that form the central religious text of Christianity and Judaism. It is divided into the Old Testament, which includes books such as Genesis, Exodus, Leviticus, and others that narrate the creation of the world, the history of the Israelites, and the prophetic messages. The New Testament focuses on the life, teachings, death, and resurrection of Jesus Christ, along with the early Christian church and its spread. The Bible contains a wide range of genres, including historical narratives, poetry, wisdom literature, prophetic writings, and epistles[2][3][5].
In this book, Angela Duckworth presents a compelling argument that success is driven more by grit, a fusion of relentless passion and perseverance, than by talent. She explains what grit is, how to identify and develop it, and how it can be grown through stages such as developing interests, consistent practice, finding a pro-social purpose, and cultivating optimism. The book is structured in three parts: explaining what grit is and why it matters, how to grow grit from the inside out, and how to grow grit from the outside in, targeting parents, coaches, teachers, and organizational leaders. Duckworth supports her arguments with personal stories, historical insights, and interviews with high achievers from various fields.
In the early 20th century, Max Weber argued that Protestantism created wealth. Finally, there are data to prove if he was right. All it took were some missionary experiments in the Philippines and a clever map-matching trick that goes back to 16th-century Germany.
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