The power of nothing to lose : the Hail Mary effect in politics, war, and business
(Book)

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Published
New York, NY : William Morrow, 2021.
Edition
First edition.
Status
Rapid City Public Library - Business & Economics - Adult
BUSINESS & ECONOMICS 302 SIL
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Published
New York, NY : William Morrow, 2021.
Format
Book
Edition
First edition.
Physical Desc
242 pages ; 22 cm
Language
English

Notes

Bibliography
Includes bibliographical references (pages 223-230) and index.
Description
"A quarterback like Green Bay's Aaron Rodgers gambles with a Hail Mary pass at the end of a football game when he has nothing to lose - the risky throw might turn defeat into victory, or end in a meaningless interception. Rodgers may not realize it, but he has much in common with figures such as George Washington, Rosa Parks, Woodrow Wilson, and Adolph Hitler, all of whom changed the modern world with their risk-loving decisions. In The Power of Nothing to Lose, award-winning economist William Silber explores the phenomenon in politics, war, and business, where situations with a big upside and limited downside trigger gambling behavior like with a Hail Mary. Silber describes in colorful detail how the American Revolution turned on such a gamble. The famous scene of Washington crossing the Delaware on Christmas night to attack the enemy may not look like a Hail Mary, but it was. Washington said days before his risky decision, "If this fails I think the game will be pretty well up." Rosa Parks remained seated in the White section of an Alabama bus, defying local segregation laws, an act that sparked the modern civil rights movement in America. It was a life-threatening decision for her, but she said, "I was not frightened. I just made up my mind that as long as we accepted that kind of treatment it would continue, so I had nothing to lose." --

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Citations

APA Citation, 7th Edition (style guide)

Silber, W. L. (2021). The power of nothing to lose: the Hail Mary effect in politics, war, and business (First edition.). William Morrow.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Silber, William L.. 2021. The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business. William Morrow.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Silber, William L.. The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business William Morrow, 2021.

MLA Citation, 9th Edition (style guide)

Silber, William L.. The Power of Nothing to Lose: The Hail Mary Effect in Politics, War, and Business First edition., William Morrow, 2021.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.