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Antilogic: Why Businesses Fail While Individuals Succeed

Antilogic: Why Businesses Fail While Individuals Succeed

Bruce McComish

ISBN: 978-0-471-49451-5

Dec 2001

244 pages

Select type: Hardcover

Out of stock

$39.95

Description

There are many strange phenomena in the world of business and finance. We discover many curious things, comic and contentious that are not all explained by conventional finance or economic theory rather they follow the rules of antilogic.

Financial practitioners have been attempting to quantify, monitor and control financial
risk and yet, in spite of modern quantitative analysis and highly sophisticated modelling techniques they are no more successful in this than in the past - the world of finance and business just doesn't add up.

This highly controversial and thought provoking book, written in a light and humorous style will not only entertain but also challenge readers to question conventional wisdom.

This book provides a clear look at the antilogic of the business world and financial markets. It describes the background conditions that encourage the creation of antilogic and demonstrates how business personalities generate the antilogic concept.

Shows the antilogic created by accountants and looks at the role of cash and makes the
discovery that much of antilogic stems from accepting as money, something different
which is defined in the book as Vapourcash and Anticash
Preface.

Introduction.

Believing Because of the Way Things are and Why We Think the Way We Do.

Believing the Corporation.

Guided by the Market.

Believing the Words.

Believing the Numbers: The Contribution of the Accountants.

Believing the Numbers: The Contribution of the Statisticians.

Buying the Forecast: Falling for the Non-Forecast-Forecast.

The Amazing Role of Cash.

Vapourcash Explained: Cash, Not as Real as You Thought.

Anticash Explained: Anticash and the History of Money.

Anticash: The Bankers and the Accountants.

Anticash More Real Than You Hoped.

References.

Index.