
Drunk with Blood by Steve Wells
Modern macroeconomics has been based on the paradigm of the rational individual capable of understanding the complexity of the world. This has created a very shallow theory of the business cycle in which nothing happens in the macroeconomy unless shocks occur from outside. Behavioural Macroeconomics: Theory and Policy uses a different paradigm. It assumes that individual agents experience cognitive limitations preventing them from having rational expectations. Instead these individuals use simple rules of behaviour. Behavioural Macroeconomics introduces rationality by allowing individuals to learn from their mistakes and to switch to the rules that perform better. It introduces the idea of endogenously generated animals spirits that drive the business cycle and are in turn influenced by it, and applies this model to shed new light on a number of important issues. It analyses the role of fiscal policy in stabilizing the economy while maintaining debt sustainability; expands the model to include a banking sector and show how banks amplify the booms and busts; and explains how animal spirits help to synchronize the business cycles across countries. The model set out in Behavioural Macroeconomics leads to very different policy implications from the mainstream macroeconomic model. It shows how policymakers have a responsibility to stabilize an otherwise unstable system.
Steve Wells is an international leadership coach and peak performance consultant based in Perth, Western Australia. He has a wealth of experience in helping people from all walks of life to find their passion, solve their problems, live their values, and achieve their meaningful life goals. Steve regularly consults worldwide with elite athletes and corporate personnel to improve their performance and enhance the performance of their teams. He also conducts unique personal development seminars in over a dozen countries worldwide, and has helped many thousands of people through his programs. Steve is a pioneer in the emerging field of Energy Psychology. With colleague Dr. David Lake, he developed Simple Energy Techniques (SET) and Provocative Energy Techniques (PET). They have trained many coaches and counsellors worldwide on how to get better results for their clients using these techniques. Steve was one of the first to apply Energy Techniques to enhance performance with elite athletes and to take tapping into the corporate environment, where it can be used to boost productivity, improve performance, and relieve stress. For over 15 years he has presented at the Curtin Centre for Entrepreneurship, with many success stories from corporate clients. Steve is co-author, with Dr David Lake, of Enjoy Emotional Freedom, New Energy Therapies, and Provocative Energy Techniques: The Manual, and is also co-author, with Jo Wiese, of Rose and the Night Monsters, a children's book on tapping. Steve's material is grounded in universal principles of success combined with the latest findings of psychology. He teaches practical techniques and strategies you can apply immediately to get better results - with less stress! If you would like to bring Steve into your company, or benefit from his programs personally, you'll find more information at these websites: www.eftdownunder.com www.stevewells.com.au
| SKU | Unavailable |
| ISBN 13 | 9780988245112 |
| ISBN 10 | 0988245116 |
| Title | Drunk with Blood |
| Author | Steve Wells |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Sab Books |
| Year published | 2013-07-16 |
| Number of pages | 302 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |