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SACRED MONEY

THE POWER OF HEART-CENTERED FINANCE

A New Age–tinged work urging a more mindful financial practice.

In this debut inspirational work, Mitchell challenges readers to incorporate spiritual beliefs into their economic decisions.

Most people probably wouldn’t use the adjective “sacred” when talking about money; for the author, that’s a problem. “Our society separates the inner, spiritual self and the outward world of money, economics, and finances,” laments Mitchell in her introduction. “Using our money, our resources, and our commitment to the Earth, we can bring this spiritual connection to our finances, and to our choices to help create a new world…” Raised to believe that women had little value outside of their traditional duties, the author came, as an adult, to see herself as an engine of community development. She and her CPA husband, Paul, began making small loans to friends and neighbors who could not get them elsewhere, learning as they did the power of money—and the power of people. Mitchell sees the dominant economic model—for people, corporations, and countries—as “Me, More, Mine.” She asserts that everyone should adopt a more collaborative and moral model, which the author calls “Us, We, and the Earth.” Using affirmations, exercises, and anecdotes from her personal life, Mitchell demonstrates how financial thinking can become an extension of one’s spiritual practice, to the benefit of one’s mind, soul, and pocketbook. The author’s prose is always encouraging, and the language she uses is unlike anything you are likely to hear in an econ class: “Release what no longer serves you and set an intention to plant new seeds in your money garden. Now is a powerful time to die to the old to make room for the new. Winter is a wonderful time to ponder what you want to sow in your money and in life for the coming year.” This is more a book about holistic spiritual living than economics per se, and Mitchell’s brand of spirituality (there are a lot of candles and incense and invocations of the Goddess) may turn off some readers. For the right kind of free spirit, however, the author’s message will ring true.

A New Age–tinged work urging a more mindful financial practice.

Pub Date: Jan. 25, 2024

ISBN: N/A

Page Count: -

Publisher: Empower Press

Review Posted Online: Jan. 17, 2024

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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THE CULTURE MAP

BREAKING THROUGH THE INVISIBLE BOUNDARIES OF GLOBAL BUSINESS

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

A helpful guide to working effectively with people from other cultures.

“The sad truth is that the vast majority of managers who conduct business internationally have little understanding about how culture is impacting their work,” writes Meyer, a professor at INSEAD, an international business school. Yet they face a wider array of work styles than ever before in dealing with clients, suppliers and colleagues from around the world. When is it best to speak or stay quiet? What is the role of the leader in the room? When working with foreign business people, failing to take cultural differences into account can lead to frustration, misunderstanding or worse. Based on research and her experiences teaching cross-cultural behaviors to executive students, the author examines a handful of key areas. Among others, they include communicating (Anglo-Saxons are explicit; Asians communicate implicitly, requiring listeners to read between the lines), developing a sense of trust (Brazilians do it over long lunches), and decision-making (Germans rely on consensus, Americans on one decider). In each area, the author provides a “culture map scale” that positions behaviors in more than 20 countries along a continuum, allowing readers to anticipate the preferences of individuals from a particular country: Do they like direct or indirect negative feedback? Are they rigid or flexible regarding deadlines? Do they favor verbal or written commitments? And so on. Meyer discusses managers who have faced perplexing situations, such as knowledgeable team members who fail to speak up in meetings or Indians who offer a puzzling half-shake, half-nod of the head. Cultural differences—not personality quirks—are the motivating factors behind many behavioral styles. Depending on our cultures, we understand the world in a particular way, find certain arguments persuasive or lacking merit, and consider some ways of making decisions or measuring time natural and others quite strange.

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

Pub Date: May 27, 2014

ISBN: 978-1-61039-250-1

Page Count: 288

Publisher: PublicAffairs

Review Posted Online: April 15, 2014

Kirkus Reviews Issue: May 1, 2014

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