Panic Rules! Book Summary

In 'Panic Rules!', economist Robin Hahnel explores the urgent and sometimes chaotic nature of economic decision-making in crisis situations. He argues that traditional economic theories often fall short in providing the necessary tools to handle unpredictable events. Through a series of compelling examples, Hahnel challenges readers to rethink their understanding of economics in a world where panic can drive irrational behavior. This thought-provoking analysis not only illuminates the pitfalls of panic-driven decisions but also outlines pathways for more rational approaches. Dive into this captivating read to discover how we can effectively navigate economic uncertainty and build a more resilient future.

By Robin Hahnel

Published: 1999

"In a world of chaos and uncertainty, it is our collective power to envision a better future that will guide us through the panic."

Book Review of Panic Rules!

A witty and accessible manual to the global economic crisis.

Similar books you might like →

Showing 8 of 28 similar books

Similar Book Recommendations →

Adam Robinson's Book Recommendations

Adam Robinson is a distinguished author, financial advisor, and co-founder of the Princeton Review, which revolutionized the test preparation industry. He is renowned for his best-selling book "Cracking the SAT," which has guided countless students to achieve higher scores. Robinson's expertise extends beyond education into financial markets, where he is a respected global macro advisor. His contributions to literature and finance have earned him a reputation as a thought leader and innovator. Continually sought after for his insights, Robinson remains a pivotal figure in both the educational and financial sectors.

EducationMoney MattersSuccess Stories and Life Lessons

Alexis Ohanian's Book Recommendations

Alexis Ohanian is an American entrepreneur, investor, and co-founder of Reddit, one of the world’s most popular social news and discussion platforms. Ohanian is also a prominent advocate for open internet and net neutrality, and he has invested in numerous startups through his venture capital firm, Initialized Capital. In addition to his work in tech, Ohanian is involved in philanthropy, supporting causes related to women’s rights, education, and social justice. He is married to tennis star Serena Williams, and together they advocate for gender equality and inclusive leadership. Ohanian’s influence in the tech world and his commitment to social impact have made him a respected figure in both business and activism.

Business and LeadershipFounders PlaybookActivistWomen Who Lead

Biz Stone's Book Recommendations

Biz Stone is an American entrepreneur, co-founder of Twitter, and a key figure in the development of social media. Stone helped launch Twitter in 2006, transforming the way people communicate and share information globally. He has also co-founded other companies, including Xanga, Blogger, and Medium, and is involved in various philanthropic efforts through The Biz and Livia Stone Foundation. Stone is known for his creative thinking and his belief in the power of technology to create positive change in the world. His work has left a lasting impact on digital communication and media innovation.

Business and LeadershipInspiring ReadsCreativity and InnovationMedia and Pop CultureTechnology and Future

Andrew Lokenauth's Book Recommendations

Andrew Lokenauth is a distinguished author and financial expert known for his insightful contributions to personal finance and investment literature. With a career spanning over a decade, he has written extensively on topics such as wealth management, financial planning, and market analysis. Lokenauth's works are celebrated for their clarity and practical advice, making complex financial concepts accessible to a broad audience. He has been featured in numerous financial publications and has established himself as a trusted voice in the industry. Beyond his writing, Lokenauth is also a sought-after speaker, sharing his expertise at various seminars and workshops.

Money MattersSuccess Stories and Life Lessons

Ben Shapiro's Book Recommendations

Ben Shapiro is an American conservative political commentator, author, and lawyer, known for his sharp analytical skills and outspoken views. He graduated from UCLA at the age of 20 and Harvard Law School at 23, demonstrating his early intellectual prowess. Shapiro is the author of several best-selling books including "Bullies: How the Left's Culture of Fear and Intimidation Silences Americans" and "The Right Side of History: How Reason and Moral Purpose Made the West Great." He is the co-founder and editor emeritus of The Daily Wire, a popular conservative news and opinion website. Through his writing and media presence, Shapiro has significantly influenced contemporary political discourse in the United States.

PoliticsMedia and Pop Culture

Nassim Nicholas Taleb's Book Recommendations

Nassim Nicholas Taleb is a Lebanese-American author, scholar, and risk analyst, best known for his work on uncertainty, probability, and risk. His books, including The Black Swan and Antifragile, explore how rare and unpredictable events shape the world and how individuals and systems can become more resilient to shocks. Taleb’s insights on risk management have influenced fields ranging from finance to medicine, and he is known for his outspoken criticism of conventional wisdom. His ideas about randomness, decision-making, and the limitations of human knowledge have made him a leading thinker in modern economics and philosophy.

Success Stories and Life LessonsSpirituality and PhilosophyBusiness and Leadership

Andrew Chen's Book Recommendations

Andrew Chen is a venture capitalist, entrepreneur, and thought leader in growth marketing, currently serving as a general partner at Andreessen Horowitz. Chen is known for his expertise in network effects, viral growth strategies, and marketplace dynamics, making him a sought-after advisor for startups looking to scale. Prior to joining Andreessen Horowitz, he worked in leadership roles at Uber, helping to grow the ride-sharing platform’s user base and develop key growth strategies. Chen is also a prolific writer, sharing his insights on growth, technology, and startups through his popular blog and newsletter, which has attracted a loyal following in the tech community. His work has helped shape how many startups approach user acquisition, retention, and product-market fit. As a venture capitalist, Chen focuses on early-stage companies in the consumer internet, SaaS, and marketplace sectors, and he has been involved in funding and advising several successful startups. His insights on technology and growth continue to influence both founders and investors alike.

Business and LeadershipTechnology and FutureFounders Playbook

David Sinclair's Book Recommendations

David Sinclair is an Australian biologist and professor at Harvard Medical School, known for his pioneering research in the field of aging and longevity. Sinclair's work focuses on understanding the biological mechanisms that drive aging and developing interventions to slow or reverse the process. His bestselling book Lifespan: Why We Age – and Why We Don’t Have To explores the latest advancements in anti-aging science and offers insights into how humans might extend their healthspan. Sinclair's research has led to breakthroughs in areas such as sirtuins, NAD+ metabolism, and cellular reprogramming. He is also the co-founder of several biotech companies, including Sirtris Pharmaceuticals and Life Biosciences, dedicated to translating aging research into practical treatments. Sinclair is a vocal advocate for taking a proactive approach to aging, promoting lifestyle changes and emerging therapies to delay age-related diseases. His work has made him a leading figure in the longevity movement, influencing both scientific and public discourse on the future of health.

Health and NutritionSelf-ImprovementScience and Nature

Showing 8 of 20 related collections

In a world of chaos and uncertainty, it is our collective power to envision a better future that will guide us through the panic.

Panic Rules!

By Robin Hahnel