Principles of Economics is a university-level textbook offering a comprehensive, engaging, and easy-to-read overview of the field of economics that is valuable to the university student, the general reader, and the professional economist. Saifedean Ammous’ first book, The Bitcoin Standard, is an international best-seller that has been translated into 37 languages. The book garnered praise from respected scholars, successful entrepreneurs, professional athletes, and countless readers worldwide for its engaging and enlightening presentation of sophisticated economic and technical concepts, delivered in a style accessible to the general reader. With its sequel, The Fiat Standard, Ammous established himself as one of the world’s most effective communicators of economic ideas, whose writing resonates with a growing global readership. In Principles of Economics, his most ambitious and elaborate work to date, Ammous offers readers a potent antidote to the modern economics textbook. After two decades of learning and teaching economics at university level, Ammous became aware that most economic textbooks confuse more than they illuminate and most university students tasked with reading them learn very little that is useful and actionable. The culmination of four years' work, this book uses the underappreciated approach of the Austrian school of economics to introduce the principles, methods, and concepts of economics in a readable, engaging, and informative manner. Rather than relying on mathematical analysis of aggregates and arcane theoretical models, the book uses the clear written word to effectively illustrate key economic concepts. The book first presents the Austrian school method and the foundational concepts of value and time. With these foundations laid, the second part of the book explores how humans act individually to achieve their ends under scarcity—in other words, how humans economize. A chapter is dedicated to detailed overviews of labor, property, capital, technology, and energy, and each topic is accompanied by vivid examples explaining its relevance to the reader. The third part of the book examines economizing in the social context, with chapters examining trade, money, the market order, and capitalism—important concepts that are often shrouded by misconceptions in most modern treatments. The fourth part of the book presents the Austrian perspective on monetary economics, laying the groundwork through a detailed discussion of time preference, followed by a discussion of banking and credit, and the business cycle and its monetary origins. The final section of the book explains why respect for property rights in an extended market order is the basis for human civilization, how the market order protects against aggression, and the failures of monopoly provision of defense.
Economics is a science. It primarily examines how decisions are made, which alternatives provide greatest benefits to various stakeholders. Contrary to popular belief, economics is not about money. It has and continues to be about the study of allocation of scarce resources (behaviours). We enforce them through incentives and disincentives (punishments).You don’t need to be an economist or technologist to understand the book. We keep things high-level to digest the information, yet coming from fundamental academic research.The difference between economics (soft science) and physics (hard science) is that economics is continuously evolves because it is a study of human behaviours. As we moved from Web 1 to Web 2 and now Web 3, the economics 101 that we initially understood has changed.While is important to be coding the tech infrastructure of Web 3.0 and having ideas of what Web 3.0 is like, an important aspect is the economics and incentive alignment of Web 3.0 users. It is easy to create a token or currency out of thin air. The token is only valuable when the economics make sense.The aim of this book is to dive into the core foundational principles of economics in Web 3.0. We explore the evolution to economics, the change in principles we learnt in Econs 101, and the new environment that economics will exist in.Then, we explore ways to apply these foundational principles in Web 3.0, with or without a token. We also tap into the general mathematics that defines the economic mechanisms.
Frederick Bastiat dismantles Socialism, the Nanny State, the Welfare State, Pro-Business Cronyism, and all the other forms of government interference in people's lives. He destroys the perverse logic of the Do-Gooders who want to help one group or another because, somehow, it's the fair thing to do. Bastiat shows that the result of all this protection and benevolence is to make people poorer and less free. His lessons and logic are up to date and powerful. Amazingly, the book originally came out in 1850! The Law is a quick read for both the beginner and the neophyte... and one you'll choose to re-read.
Lysander Spooner's discontentment with the Constitution of the United States led him to publish No Treason, which revises significant parts of that document to reduce the power of the state versus individuals. The author was an anti-authoritarian philosopher and legal theorist who had spent his earlier life vigorously campaigning against slavery. Following the American Civil War however, he became horrified at the brutality and carnage that had been unleashed. Redoubling his criticisms, Spooner asserts his dismay that the U.S. government was rendered inert by its Constitution - slavery was only abolished after a long and bloody war, whereas had it been forbade at the outset, no such conflict would have arisen. A strong proponent of natural law - the concept that all humans had rights endowed at the point of their birth - Spooner had a sense of revulsion at how American politics had ensued in the early-to-mid 19th century. It was thus that No Treason was written in the hope of moderating the Constitution to ensure that slavery and bloody recriminations for secession would never again occur. In life, many of Spooner's actions versus authority were successful; his abolitionism consisted of circulating pamphlets including those suggesting guerrilla warfare by slaves, and prefaced the Civil War. Later in life his challenge to the postal monopolies successfully resulted in such monopolies being regulated to the point where mailing became much cheaper for all. Furthermore he advanced a cogent theory of self-employment, believing it a way to laborers avoiding or reducing their exploitation by employers.
- [Pickup system]: AODSK electric guitar features 5 types of pickup switches and 2 types of tone and volume controls to choose from. It is suitable for both beginners and professionals, accommodating a wide variety of musical styles - [Full Size Electric Guitar kit]: Your electric guitar set comes ready to play right out of the box.No need to buy any additional accessories, this full set comes with an amplifier and guitar cable, high-quality guitar bag, electronic tuner, 6 spare strings, guitar picks, whammy bar, capo, cleaning cloth, and guitar strap - [Electric Guitar Amplifier]: The beginners set includes a 5W amplifier with built-in dual speakers, headphone jack, and AUX input for playing music on your phone or MP3 player. The amplifier also features charging and Bluetooth capabilities for convenient use when you're out and about. It also has gain and reverb functions - [Quality Materials]: Custom-designed and handcrafted laurel fingerboard and birch neck. It translates vibrations into the rich, classic tones in the guitar through 3 pickups. The design of the C -type neck is more comfortable. The tremolo bridge system allows you to bend the pitch while playing, and the detachable tremolo arm produces a tremolo effect. Overall dimensions: 46.45*14.96*3.14 inches - [Holiday Gift]: Musical instruments and music-related gifts can not only meet the needs of music lovers,but also add a special atmosphere to the festival.Therefore,this product is a good choice for Christmas gifts,birthday gifts,and New Year gifts
Color: Sunburst-HSS
- [Pickup system]: AODSK electric guitar features 5 types of pickup switches and 2 types of tone and volume controls to choose from. It is suitable for both beginners and professionals, accommodating a wide variety of musical styles - [Full Size Electric Guitar kit]: Your electric guitar set comes ready to play right out of the box.No need to buy any additional accessories, this full set comes with an amplifier and guitar cable, high-quality guitar bag, electronic tuner, 6 spare strings, guitar picks, whammy bar, capo, cleaning cloth, and guitar strap - [Electric Guitar Amplifier]: The beginners set includes a 5W amplifier with built-in dual speakers, headphone jack, and AUX input for playing music on your phone or MP3 player. The amplifier also features charging and Bluetooth capabilities for convenient use when you're out and about. It also has gain and reverb functions - [Quality Materials]: Custom-designed and handcrafted laurel fingerboard and birch neck. It translates vibrations into the rich, classic tones in the guitar through 3 pickups. The design of the C -type neck is more comfortable. The tremolo bridge system allows you to bend the pitch while playing, and the detachable tremolo arm produces a tremolo effect. Overall dimensions: 46.45*14.96*3.14 inches - [Holiday Gift]: Musical instruments and music-related gifts can not only meet the needs of music lovers,but also add a special atmosphere to the festival.Therefore,this product is a good choice for Christmas gifts,birthday gifts,and New Year gifts
Color: Black-HSS
Douglas uncovers the underlying reasons for lack of consistency and helps traders overcome the ingrained mental habits that cost them money. He takes on the myths of the market and exposes them one by one teaching traders to look beyond random outcomes, to understand the true realities of risk, and to be comfortable with the "probabilities" of market movement that governs all market speculation.
- Overdrive Pedal f Electric Guitar - Legendary BOSS overdrive pedal with genre-defining sound and feel - Stacks well with boost, overdrive, and distortion pedals - Unique asymmetrical clipping circuit produces tube-like overdrive characteristics
Style: Standard Pattern Name: Pedal
Bitcoin Cash vs Bitcoin The battle of the cryptocurrencies * Do you know the difference between Bitcoin and Bitcoin Cash? * Which one is the most future proof? * If you have bitcoin do you have Bitcoin Cash? * Which exchanges support it? 2017 witnessed an important date in the history of cryptocurrency: the split that has created Bitcoin (BTC) and Bitcoin Cash (BCH). Once a unified currency, Bitcoin now has new competition from a twin brother, Bitcoin Cash, which is leaving even the savviest of investors questioning what the difference really is and which is better. An essential guide for any cryptocurrency investor, this book will address the major questions about this split and then look to the future for answers about what’s next. A simple walk through a complicated minefield, you will discover Bitcoin’s exciting history, the hidden features, and the most important underlying principles of this type of investing. Get Answers to Questions Like: * Where did Bitcoin come from? * What exactly is Bitcoin Cash? * What is the best investment? * What does the future hold? * How do I get started? * Where to buy it? * How to store? Solve the mystery between cryptocurrency’s major split and learn how to make smart investments with BTC and BCH. It’s time to enter the fascinating world of Bitcoin Cash Don't wait scroll up and add to cart .
- HONEST. Eris 5BT near field studio monitors deliver studio-quality, accurate sound perfect for music production, hi-fi audio listening, or multimedia reference. - EXPRESSIVE. Clear, accurate audio with a big low end — Eris 5BT's woven-composite woofers’ weave and nature result in tight bass that you can feel, as well as cleaner overall sound. - POWERFUL. Compact speakers that pack a punch — 100 Watts of Class AB dual amplification (50W per side) provide all the volume and loudness you want without sacrificing tonal balance or audio clarity. - BLUETOOTH 5.0 WIRELESS CONNECTIVITY. Ultra-reliable Bluetooth 5.0 delivers seamless integration with your other devices while flexible wired connection options ensure easy compatibility with virtually any monitoring setup – so you can plug in, pair up, and get to work without missing a beat. - ULTRA-WIDE LISTENING SWEET SPOT. The natural high-frequency response of the 1-inch ultra low-mass, silk-dome transducers (tweeters) provide superior stereo imaging from nearly any listening angle. - ALL THE CONNECTIONS YOU NEED. ¼-inch TRS balanced inputs on the back panel for professional audio devices, unbalanced RCA inputs for consumer electronics, plus a convenient front-panel ⅛-inch TRS stereo aux input for your phone. - PRECISION-TUNE TO YOUR ROOM. High- and low-frequency tuning controls allow you to customize your audio output for your ears, room size, and speaker orientation. Whether on a desk, bookshelf, or next to a turntable or record player, Eris 5BT's produce clear, room-filling sound. - QUICK-SWITCH TO HEADPHONES. The easy-access front panel headphone output and built-in headphone amplifier allow for plug-and-play headphone media reference when needed. - ADD MORE LOW END. The 50W, 8-inch companion Eris Sub 8BT studio subwoofer delivers a massive low-frequency boost and Bluetooth connectivity to your Eris 5BT’s, creating a powerful 2.1 speaker system. - POWER SAVER MODE. Power-saving mode auto engages after 40 minutes of idle time.
Size: 5" Style: Gen 2 BT
- The reviews speak for themselves. - The only true studio monitor for multimedia, gaming, watching movies, or producing your next hit. - Now comes included with Studio One Prime plus Studio Magic plug-in suite, over dollar 1000 USD worth of music production software. - 4.5-inch woven composite drivers produce a more powerful bass response with a more accurate overall sound. - Bluetooth 5.0 wireless stereo connectivity lets you play audio from smart devices and go cord-free. - 1-inch (25 mm) ultra-low-mass, silk-dome, high-frequency transducer provides a wide sweet spot. - High- and low-frequency controls let you fine-tune the speaker’s response to the space you’re in. - Multiple input configurations (RCA, ¼-inch balanced TRS, and front-panel 1 or 8-inch stereo Aux In) let you connect to almost any audio source. - Stereo aux input for your smartphone, headphone jack for private listening, volume, and power on or off are located on the front panel for your convenience. - Contains 50W (25W or side) Class AB amplification.