The Value Of Nothing

As retirement funds shrink, savings disappear and houses are foreclosed on, now is a good time to ask a question for which every human civilization has had an answer: why do things cost what they do? The Value of Nothing tracks down the reasons through history, philosophy, neuroscience and sociology, showing why prices are always at odds with the true value of the things that matter most to us. Damien Hirst’s diamond-encrusted skull sold for a record $100 million at auction. But if we account for the possibility that blood diamonds were used (as many suspect), the human cost is even greater. A Big Mac might seem like the best deal in these economic times, but after analyzing the energy to produce each burger, from field to Happy Meal, Patel argues the real price tag is a whopping $200. But it is easiest to see the gap between price and value by looking at things that are so-called free. Examining everything from Google to TV, from love to thoughts, The Value of Nothing reveals the hidden social consequences of our global culture of “freedom.”

Traditional Chinese edition of The Value of Nothing: How to Reshape Market Society and Redefine Democracy by raj Patel, the author of Stuffed and Starved: The Hidden Battle for the World Food System. The Value of Nothing is a profound analysis of the global economic crisis stemmed by the "value" set by the "market." The cost of goods made and the ensuing cost of ecological damage do not proportionally represent the "value" of goods we produce and consume. Patel is a fellow at The Institute for Food and Development Policy, a visiting scholar at UC Berkley and a social and environmental activist. In Chinese. Distributed by Tsai Fong Books, Inc.

As clinical as it sounds to express the value of human lives, health, or the environment in cold dollars and cents, cost-benefit analysis requires it. More disturbingly, this approach is being embraced by a growing number of politicians and conservative pundits as the most reasonable way to make many policy decisions regarding public health and the environment. By systematically refuting the economic algorithms and illogical assumptions that cost-benefit analysts flaunt as fact, Priceless tells a ''gripping story about how solid science has been shoved to the backburner by bean counters with ideological blinders'' (In These Times). Ackerman and Heinzerling argue that decisions about health and safety should be made ''to reflect not economists' numbers, but democratic values, chosen on moral grounds. This is a vividly written book, punctuated by striking analogies, a good deal of outrage, and a nice dose of humor'' (Cass Sunstein, The New Republic). Essential reading for anyone concerned with the future of human health and environmental protection, Priceless ''shines a bright light on obstacles that stand in the way of good government decisions''.

While governments throughout the world have different approaches to how they make their public sector information (PSI) available and the terms under which the information may be reused, there appears to be a broad recognition of the importance of digital networks and PSI to the economy and to society. However, despite the huge investments in PSI and the even larger estimated effects, surprisingly little is known about the costs and benefits of different information policies on the information society and the knowledge economy. By understanding the strengths and weaknesses of the current assessment methods and their underlying criteria, it should be possible to improve and apply such tools to help rationalize the policies and to clarify the role of the internet in disseminating PSI. This in turn can help promote the efficiency and effectiveness of PSI investments and management, and to improve their downstream economic and social results. The workshop that is summarized in this volume was intended to review the state of the art in assessment methods and to improve the understanding of what is known and what needs to be known about the effects of PSI activities.

What conceptual blind spot kept the ancient Greeks (unlike the Indians and Maya) from developing a concept of zero? Why did St. Augustine equate nothingness with the Devil? What tortuous means did 17th-century scientists employ in their attempts to create a vacuum? And why do contemporary quantum physicists believe that the void is actually seething with subatomic activity? You’ll find the answers in this dizzyingly erudite and elegantly explained book by the English cosmologist John D. Barrow. Ranging through mathematics, theology, philosophy, literature, particle physics, and cosmology, The Book of Nothing explores the enduring hold that vacuity has exercised on the human imagination. Combining high-wire speculation with a wealth of reference that takes in Freddy Mercury and Shakespeare alongside Isaac Newton, Albert Einstein, and Stephen Hawking, the result is a fascinating excursion to the vanishing point of our knowledge.

Safe drinking water counts for nothing. A pollution-free environment counts for nothing. Even some people - namely women - count for nothing. This is the case, at least, according to the United Nations System of National Accounts. Author Marilyn Waring, former New Zealand M.P., now professor, development consultant, writer, and goat farmer, isolates the gender bias that exists in the current system of calculating national wealth. As Waring observes, in this accounting system women are considered 'non-producers' and as such they cannot expect to gain from the distribution of benefits that flow from production. Issues like nuclear warfare, environmental conservation, and poverty are likewise excluded from the calculation of value in traditional economic theory. As a result, public policy, determined by these same accounting processes, inevitably overlooks the importance of the environment and half the world's population. Counting for Nothing, originally published in 1988, is a classic feminist analysis of women's place in the world economy brought up to date in this reprinted edition, including a sizeable new introduction by the author. In her new introduction, the author updates information and examples and revisits the original chapters with appropriate commentary. In an accessible and often humorous manner, Waring offers an explanation of the current economic systems of accounting and thoroughly outlines ways to ensure that the significance of the environment and the labour contributions of women receive the recognition they deserve.

A NATIONAL BOOK AWARD FINALIST "Brilliant, honest, and equal parts heartbreaking and soul-healing." --Laurie Halse Anderson, author of SHOUT "A singular voice in the world of literature." --Jason Reynolds, author of Long Way Down A powerful coming-of-age story about grief, guilt, and the risks a Filipino-American teenager takes to uncover the truth about his cousin's murder. Jay Reguero plans to spend the last semester of his senior year playing video games before heading to the University of Michigan in the fall. But when he discovers that his Filipino cousin Jun was murdered as part of President Duterte's war on drugs, and no one in the family wants to talk about what happened, Jay travels to the Philippines to find out the real story. Hoping to uncover more about Jun and the events that led to his death, Jay is forced to reckon with the many sides of his cousin before he can face the whole horrible truth -- and the part he played in it. As gripping as it is lyrical, Patron Saints of Nothing is a page-turning portrayal of the struggle to reconcile faith, family, and immigrant identity.

Lessons from Value Investing