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The Black Swan has been widely influential in the fields of finance, economics, and risk management, and has inspired the development of a new field called "black swan theory." The book suggests that we need to be more aware of the limitations of our knowledge and more humble in the face of the unpredictability of the world. This, in turn, leads us to make poor decisions and to be overly confident in our predictions and plans. Examples of black swans include major world events like the 9/11 attacks, the global financial crisis of 2007-2008, and the COVID-19 pandemic.Īccording to Taleb, our inability to predict black swan events leads us to underestimate their importance and overestimate our own understanding of the world. These events, which Taleb calls "black swans," are characterized by their rarity, their high impact, and the fact that they are often only retrospectively predictable. Written by Nassim Nicholas Taleb, a philosopher, statistician, and former trader, the book argues that we are fundamentally unable to predict or even fully understand the rare and unpredictable events that shape our lives and the world around us. Published: 2007 The Black Swan: The Impact of the Highly Improbable is a book that challenges the way we think about the world and our place in it. Narration alternates between Riley and Sam, both of whom readers may remember from Fichera’s first novel, Hooked, which focused on Riley’s brother and Sam’s first crush. Despite the piling on of clichéd plot points, Fichera writes a readable story about two teens chafing against identities that no longer fit them. Though no actual bodices are ripped here, Fichera writes almost entirely to the Harlequin romance script, at least until until Riley vows to repay Sam’s valiant gesture by giving him an extreme makeover and helping him attract the girl of his dreams, who is happily in love with Riley’s brother-though it turns out Sam is just denying his real feelings for Riley. When they are forced to be partners on a leadership weekend, Riley falls into a ravine and Sam rescues her, staying with her through a stormy night, sharing secrets and keeping her warm with a combination of pine needles and naked body heat. The two immediately hate each other, each mistaking the other’s reticence and introversion for arrogance. Sam Tracy, a Native guy from the Gila River Indian Reservation, has big plans to do something to better his community. Riley Berenger is thoroughly bored with her role as Designated Good Daughter, so she’s seeking ways to break her dork girl habits. With a precise and nuanced rendering of Weber's style and arguments, Kalberg clarifies the various twists and turns of Weber's complex lines of reasoning. This new edition has been translated and introduced by internationally acclaimed Weberian scholar Stephen Kalberg. The book analyses the connection between the spread of Calvinism and a new attitude towards the pursuit of wealth in post-Reformation Europe and England, and attitude which permitted, encouraged – even sanctified – the human quest for prosperity. It is a brilliant book that studies the psychological conditions which made possible the development of capitalist civilisation. First published in 1905, The Protestant Ethic and the Spirit of Capitalism is one of the most renowned and controversial works of modern social science. Then, furnished with ambition, dreams and five hundred dollars, she took herself and her son to New York to begin a career and a life. After her teenage marriage failed, Bev found herself at an elite New England university, books in one arm, child on the other. Unable to attend college, she lost interest in everything but riding around in cars, drinking, smoking, and rebelling against authority. As in the girl who got pregnant in high school.'īeverly Ann Donofrio wasn't bad because she hung out with hoods - she was bad because she was a hood. The getting in trouble as in ' Is she in trouble ' trouble. I'm not blaming it on President Kennedy's assassination or its being the beginning of the sixties or the Vietnam War or The Beatles.The trouble I'm talking about was my first real trouble, the age-old trouble. * 'Beverly Donofrio lives and writes as though she was born without brakes - it's shrewd, touching, funny and astonishing' Joanna Lumley There once lived, at a series of temporary addresses across the United States of America, a traveling man of Indian origin, advancing years, and retreating mental powers, who, on account of his love for mindless television, had spent far too much of his life in the yellow light of tawdry motel rooms watching an excess of it, and had suffered a peculiar form of brain damage as a result. Quichotte is longlisted for the Man Booker Prize. A former president of PEN American Center, Rushdie was knighted in 2007 for services to literature. He is a member of the American Academy of Arts and Letters and a Distinguished Writer in Residence at New York University. Salman Rushdie is the author of twelve novels among which are Midnight’s Children (for which he won the Booker Prize and the Best of the Booker), Shame, and The Satanic Verses. The following is an excerpt from Quichotte by Salman Rushdie. The next leg of consumption recovery will rely on higher income growth and improved consumer confidence which will make the recovery model more sustainable, Goldman Sachs added.Īsset manager Vontobel said it believes China's recovery should accelerate, benefitting companies that cater to domestic consumers across leisure and e-commerce, as well as travel-focused businesses in China and across Asia. "This also adds conviction to our above-consensus 2023 GDP growth forecast (6.0%)." "The strong holiday tourism data, together with the still-solid April services PMI, bode well for consumption and services recovery in coming months, despite the softening in manufacturing growth momentum," wrote Goldman Sachs in a note. Official data on Sunday showed activity in China's non-manufacturing sector grew in April, albeit at a slower pace than in March. The figures from this year's May Day holiday - the first travel season since the pandemic without restrictions - are being monitored as a gauge of China's economic health. Travel-hungry Chinese made 274 million domestic trips during the five-day break that began on Saturday, a rise of 70.8% from a year earlier, and 19% more than during 2019, the Ministry of Culture and Tourism said on its website.ĭuring these trips, Chinese tourists spent 148 billion yuan ($21 billion), a 128.9% increase from a year earlier, and on a par with 2019 levels. The sign reads “pond” and prompts a one-page rant from the narrator on the idiocy of such cautionary acts. In the story “The Big Day,” the woman’s neighbor, preparing for a community event, places a sign next to the nearby pond. Pond is a collection of stories from the perspective of an unnamed English woman living for some time on the west coast of Ireland. In the passages below, Bennett dramatizes the materialization of language and the limits on meaning-making. In Pond, Bennett lingers over the rich intricacies of the material world and of prose, allowing us to encounter the opacity of both. This is the conundrum articulated by Bill Brown in the opening to his 2001 Critical Inquiry piece and invoked by the deliberately dissonant phrase “thing theory.” While acknowledging the gap between word and thing, thing theory identifies moments of contact, when the properties of one rub off on the other. If things, distinct from objects, can only become known to us through a disruptive encounter, then surely language is superfluous to that encounter. In her 2016 book Pond, Claire-Louise Bennett poses the incompatibility between words and things as a comic problem-and then offers a formal response to that problem. This year, Rob will release his first nonfiction picture books. McElderry Books/Simon & Schuster) which just won the Gold Medal for Younger Children’s Literature in the Florida Book Awards, and Ruby Rose Big Bravos (HarperCollins). His picture books include: Cowboy Christmas (Golden Books/Random House), Outer Space Bedtime Race (Random House Children’s Books) named one of the top 20 rhyming picture books of 2015 by KidLit TV and winner of the SCBWI Crystal Kite Award, Ruby Rose-Off to School She Goes (HarperCollins), Rodzilla (Margaret K. He worked for fifteen years in religious educational publishing as a writer, editor, editorial manager, and product designer. He is a picture book author, a language arts teacher, and a coach for other picture book writers. This month’s PB creator interview is with Rob Sanders, a native of Springfield, Missouri. There is an argument again between the aunt and the Grandfather, but Heidi ends up going. After a couple of years of this, the aunt returns to take Heidi back to the city to be a companion for a wealthy family’s daughter, Clara, who is sickly and wheelchair-bound. In the winter, she goes to school in the village at the base of the mountain and does well. Heidi is delighted with her life on the mountain. He also sends her each day with an older boy named Peter, who tends the goats. He is very kind to her but a little distant. He creates a hay bed for Heidi in the loft and gives her goat cream and fresh bread to eat for most meals. He is not really super gruff but just a hermit who lives off the land. In the end, the Grandfather takes Heidi in. The aunt and the Grandfather have an argument at the very beginning about what is the best place for a child to grow up. Heidi is about an orphaned girl who is being taken to live with her Grandfather in the Swiss alps by her aunt, who works in the city. In the end, I discovered I liked the book better. I watched that cartoon over and over again. This is NOT like the book at all!Īt first, I was disappointed. I loved how Peter, the goat herder, and his animals came to recuse her from the city. I loved her grumpy Grandfather, who softens up because of her. In my childhood, I adored a cartoon version of Heidi that had singing characters and fairytale mountain creatures. |