Economy & Finance

This comprehensive guide provides a solid foundation in bookkeeping principles and practices. Ideal for learners at all levels, it walks through essential concepts with practical examples and exercises.

Introduction to Financial Mathematics motivates students through a discussion of personal finances and portfolio management. The book covers nearly all of the syllabus topics of the Financial Mathematics Actuarial examination to provide students with the foundation they require for future studies and in their careers. It begins

PRAISE FOR MARKETS AND MOMENTUM "In recent years, Jim Dalton has been one of the premier educators in the trading world. His grounding in Market Profile has helped traders think about opportunities multidimensionally, integrating price, time, and volume. In Markets and Momentum, Jim teams up with Rob Dalton to integrate the trading of market psychology with the psychology of trading. Developing and experienced traders alike will find practical wisdom and actionable information in this readable and insightful guide." -BRETT STEENBARGER, PHD, Professor, Psychiatry and Behavioral Sciences, SUNY Upstate Medical University; Trading Psychologist and Author "Jim Dalton has imparted a great deal of useful information in this book. The most important aspect concerns delving into your own psychological approach to why you're winning or losing. This is an extremely insightful and important concept. Keeping a journal, letting your profits run, honestly assessing your performance are all things that a successful trader needs to do. Even experienced traders should be able to learn something from this book." -LAWRENCE G. McMILLAN, Author, Options as a Strategic Investment "Trading is a pursuit that is simple but far from easy. The mechanics are not difficult to learn, but success in the markets is often elusive until one can control their emotions, overcome cognitive dissonance, and act decisively on nuances that most others will miss. As Dalton states in his new book, it is a constant evolution towards a point 'where the subtleties of intuition dance harmoniously with the complexities of experience.' Being in the trader education space for almost 20 years now, I have rare insight into what newer traders struggle with most. Many are simply misunderstanding the importance of context, the difference between price and value, and how to make decisions according to market generated information (MGI) as opposed to news, bias, or opinion. These are the principles at the core of Markets and Momentum and the starting point for true market understanding that can lead to the consistency you seek." -PETER REZNICEK, shadowtrader.net "I wanted to say thank you-I wouldn't be where I am today without your knowledge, experience, and well-crafted e-courses. Your education has not only helped change my life, but also impacted my family's future. Instead of being buried in debt, we've had the freedom to live more fully and even give back. You've made a difference not only in my life but in the lives of many others as well." -PAUL THOMAS, Independent Trader

"Financing the Race to Space is a masterful work that challenges and inspires. Armen V. Papazian's book is a must-read for policymakers, investors, and anyone with a keen interest in the future of space exploration. It is a testament to the power of visionary thinking and a significant contribution to the discourse on sustainable space development."-Alderman Professor Michael Mainelli, The Right Honourable The Lord Mayor of London, City of London Corporation "Financing the Race to Space is an inspiring and ground-breaking blueprint for the future of space exploration. Blending visionary thinking with practical financial innovation, it offers transformative insights into funding sustainable space ventures and provides the tools and guidance needed to propel humanity's most ambitious space endeavors. Papazian redefines the financial paradigm necessary for our leap into the cosmos. Essential and enlightening, a must-read for C-suite executives, investors, and policymakers."- Karlton D. Johnson, CEO and Chairman of the Board of Governors, National Space Society "Investors, wisely advised by our members who understand the precepts that Dr Papazian covers so well in his work, stand to reap the responsible rewards."- Tracy Vegro OBE, CEO, The Chartered Institute for Securities & Investment "An extraordinary book that serves us and future generations with realism and optimism."- Adrian Webb, Founder and Director, Space Value Foundation "A thought provoking and fresh way to look at finance and economics with a set of ideas that deserve wider debate."-Dr. Gillian Tett OBE, Provost, King's College Cambridge University, Editorial Board Member, Financial Times This seminal book examines the monetary and financial foundations necessary for outer space exploration, development, and settlement. It addresses the shortcomings of our financial value framework, financial mathematics, and monetary architecture, and introduces the transformations required to unlock the massive investment programs needed to invent, manufacture, deploy, and maintain the new habitats of the future.Armen V. Papazian is a financial economist (PhD, University of Cambridge) and the author of Hardwiring Sustainability into Financial Mathematics and The Space Value of Money.

"Brilliant, original, and packed with fresh ideas. Andrew Caplin has written a manifesto, calling for a 'science of mistakes,' using large data sets to understand what people are doing and why. Full of important findings and terrific insights, Caplin's book paves the way toward a revolution in social science-something we have never seen before."-Cass R. Sunstein, Robert Walmsley University Professor, Harvard University and coauthor of Nudge"One of the most brilliant, creative, and brave thinkers in economics and really all of the social sciences, Andrew Caplin has produced a masterwork in this beautifully written book.... All social scientists should read and ponder this wonderful book."-Steven Durlauf, Frank P. Hixon Distinguished Service Professor and Director of the Stone Center for Research on Wealth Inequality and Mobility, Harris School of Public Policy, University of ChicagoThis book introduces readers to "cognitive economics," a rapidly emerging interdisciplinary science built on economic, psychological, and data scientific foundations. Throughout the book, economist Andrew Caplin provides new approaches to help scholars collaborate and solve problems that can shape economic outcomes and bridge the gap between theoretical knowledge and the real world.Divided into two parts, the first section brings readers up to speed on economic concepts that underlie decision-making mistakes, such as utility functions, subjective beliefs, and costs of learning. It explores real-world applications, including improvements in legal decision-making, online privacy protection, and optimizing human-AI collaboration. The book discusses the future impact of AI on the workforce and emphasizes the need for decision-making skills and financial literacy in navigating this evolving landscape. In the second section of the book, Caplin addresses the barriers to progress within social sciences, advocating for interdisciplinary cooperation and innovative measurement techniques to advance the field.The book invites readers to contribute to the development of cognitive economics. Whether you are a socially-conscious and hard-working citizen, business leader, scholar, or policymaker, this book will help you understand why cognitive economics matters to you and how you can contribute to its takeoff.This book is open access.Andrew Caplin is Silver Professor of Economics at New York University and a fellow of the Econometric Society.

It has been suggested that, if CARICOM nations wish to accelerate their development, they should embrace laissez-faire economic policies. However, laissez-faire economic policies have reinforced the very economic and social structures that have contributed to their low level of development; furthermore, laissez-faire economic policies ignore social attitudes that can greatly influence a nation's development. Moreover, low-skilled labor-intensive production processes, which once propelled growth in CARICOM nations, will no longer perform a similar role because production processes are becoming more and more knowledge-skills intensive, and nations wishing to attract foreign manufacturing investment or high-tech services may not be able to do so without an adequate pool of the necessary knowledge skills. CARICOM nations must therefore try to accumulate a pool of knowledge skills that can help their economies become internationally competitive.

The capitalist system has often been described by its critics as a heartless economic structure corroding social bonds and symbolic values. Its defenders and analysts likewise use narratives that position emotions as central to the economy. This book enquires into the history of these framings.