Book picks similar to
In Defense of Public Debt by Barry Eichengreen


economics
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politics
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The New Capitalist Manifesto: Building a Disruptively Better Business


Umair Haque - 2011
    Trillions of dollars of financial assets and shareholder value destroyed; worldwide GDP stalled; new jobs vanishingly scarce. But this isn’t just a severe recession. It’s evidence that our economic institutions are obsolete—a set of ideas inherited from the industrial age that no longer work for business, people, society, or the future.In The New Capitalist Manifesto, economic strategist Umair Haque argues that business as usual has outgrown the old paradigm of short-term growth, competition at all costs, adversarial strategy, and pushing costs onto future generations. These outworn assumptions are good for creating only “thin” value—gains that are largely illusory and produce diminishing returns every year. For “thick” value—enduring, meaningful, sustainable advantage that deeply benefits the larger society—Haque details five new cornerstones of prosperity in the twenty-first century:•Loss advantage: From value chains to value cycles•Responsiveness: From value propositions to value conversations•Resilience: From strategy to philosophy•Creativity: From protecting a marketplace to completing a marketplace•Difference: From goods to bettersThe New Capitalist Manifesto makes a passionate, razor-sharp economic case that these methods will produce a more enduring prosperity for business as well as society.

The Death of the Banker: The Decline and Fall of the Great Financial Dynasties and the Triumph of the Small Investor


Ron Chernow - 1997
    Here is Siegmund Warburg, who dropped a client in the heat of a takeover deal because the man wore monogrammed shirt cuffs, as well as the imperious J. P. Morgan, who, when faced with a federal antitrust suit, admonished Theodore Roosevelt to "send your man to my man and they can fix it up." And here are the men who usurped their power, from the go-getters of the 1920s to the masters of the universe of the 1980s. Glittering with perception and anecdote, The Death of the Banker is at once a panorama of twentieth-century finance and a guide to the new era of giant mutual funds on Wall Street."Chernow . . . delivers a sound, accessible account of the forces shaping capital, credit, currency, and securities markets on the eve of a new millennium. " --Kirkus Reviews

Other People's Money and How the Bankers Use It (The Bedford Series in History and Culture)


Louis D. Brandeis - 1914
    A thorough introduction and questinos for considerations accompany the full text of Louis Brandeis's 1914 work.

Pop Internationalism


Paul Krugman - 1996
    Krugman has to say is smart, important and even fun to read. Paul Krugman is no household name, but probably should be . . . he is one of a handful of very bright, relatively young economists who do everything well." -- Peter Passell, "New York Times Book Review" "Pop internationalists" -- people who speak impressively about international trade while ignoring basic economics and misusing economic figures are the target of this collection of Paul Krugman's most recent essays. In the clear, readable, entertaining style that brought acclaim for his best-selling "Age of Diminished Expectations," Krugman explains what real economic analysis is. He discusses economic terms and measurements, like "value-added" and GDP, in simple language so that readers can understand how pop internationalists distort, and sometimes contradict, the most basic truths about world trade.

An Inquiry into the Nature and Causes of the Wealth of Nations


Adam Smith - 1776
    Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide

Prince Andrew: The End of the Monarchy and Epstein


Nigel Cawthorne - 2020
    But few know the palace intrigue behind their long-standing triangular relationship. Going behind the headlines, documentaries and mini-series, PRINCE ANDREW exposes for the first time the unknown details of the Epstein scandal behind secretive palace gates and how it impacted on the power struggle between Andrew and his older brother Prince Charles.Rife with machinations and plots, it paints a rare and riveting, insider picture of vice and rarified daily life at the royal court. It is an unbelievable story how a boy from Coney Island befriended the world's foremost royal family. PRINCE ANDREW casts a truly eye-watering light on one of the dirtiest stories of our time, giving the reader much-needed forensic insight into all the facts, allegations and counter-allegations.

The Coming of Post-Industrial Society: A Venture in Social Forecasting


Daniel Bell - 1973
    The post-industrial society’s dimensions would include the spread of a knowledge class, the change from goods to services and the role of women. All of these would be dependent on the expansion of services in the economic sector and an increasing dependence on science as the means of innovating and organizing technological change.Bell prophetically stated in The Coming of the Post-Industrial Society that we should expect “… new premises and new powers, new constraints and new questions—with the difference that these are now on a scale that had never been previously imagined in world history.”

Europe's Last Chance: Why the European States Must Form a More Perfect Union


Guy Verhofstadt - 2017
    The catalog of ills seems endless: an economic crisis spread through most of Europe's Mediterranean tier that has crippled Greece and driven a wedge between northern and southern Europe; terrorist attacks in Paris, Cologne, Brussels, and Nice; growing aggression from Russia in Ukraine and the Baltic states; and refugees escaping war-torn neighbors. The European Union's inability to handle any of these disasters was a driving factor in Great Britain voting to leave, and others may soon follow. The result won't just be a continent in turmoil, but also a serious threat to American and British security-the Atlantic, let alone the Channel, simply isn't big enough to keep European troubles in Europe. For everyone's sake, Europe must survive. The question is how. In Europe's Last Chance, Guy Verhofstadt-former prime minister of Belgium and current leader of the liberal faction in the European Parliament-provides the essential framework for understanding Europe today, laying bare the absurdity of a system in which each member state can veto legislation, opt in or out of the Euro, or close borders on a whim. But Verhofstadt does not just indict the European Union, he also offers a powerful vision for how the continent can change for the better. The key, argues Verhofstadt, is to reform the European Union along the lines of America's federal government: a United States of Europe strong enough to stand with the United States of America in making a better, safer world. A visionary book from one of today's luminaries of European leadership, Europe's Last Chance is a clarion call to save the European Union, one of the world's greatest chances for peace and prosperity.

The Amazon Millionaire: A New Breed of Entrepreneur


Robert T. Kiyosaki - 2015
    Old School Entrepreneur Meets New School.

The Ultimate Foundation of Economic Science: An Essay on Method


Ludwig von Mises - 1962
    Mises believed that, since the publication of Human Action, economists and scientists alike had misinterpreted the idea of economics as a science by deeming it epistemological positivism—that they believed that the “science” basis was still more rooted in philosophy than in actual science.In this volume, Mises argued that economics is a science because human action is a natural order of life and that it is the actions of humans that determine markets and capital decisions. Since Mises believed these links could be proven scientifically, he concluded that economics, with its basis on that human action, is indeed a science in its own right and not an ideology or a metaphysical doctrine.What has been described as his most passionate work, The Ultimate Foundation of Economic Science brings together all of the themes from Mises’s previous works to proclaim what Israel Kirzner calls “the true character of economics.”Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century. He earned his doctorate in law and economics from the University of Vienna in 1906. In 1926, Mises founded the Austrian Institute for Business Cycle Research. From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce. Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City. From 1948 to 1969, he was a visiting professor at New York University.Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education. She has written and lectured extensively on topics of free market economics. Her articles have appeared in such journals as Human Events, Reason, and The Freeman: Ideas on Liberty. A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general. She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.

The American Way of Poverty: How the Other Half Still Lives


Sasha Abramsky - 2013
    It is made up of both the long-term chronically poor and new working poor—the tens of millions of victims of a broken economy and an ever more dysfunctional political system. In many ways, for the majority of Americans, financial insecurity has become the new norm.The American Way of Poverty shines a light on this travesty. Sasha Abramsky brings the effects of economic inequality out of the shadows and, ultimately, suggests ways for moving toward a fairer and more equitable social contract. Exploring everything from housing policy to wage protections and affordable higher education, Abramsky lays out a panoramic blueprint for a reinvigorated political process that, in turn, will pave the way for a renewed War on Poverty.It is, Harrington believed, a moral outrage that in a country as wealthy as America, so many people could be so poor. Written in the wake of the 2008 financial collapse, in an era of grotesque economic extremes, The American Way of Poverty brings that same powerful indignation to the topic.

This Time Is Different: Eight Centuries of Financial Folly


Carmen M. Reinhart - 2009
    Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned. Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. An important book that will affect policy discussions for a long time to come, This Time Is Different exposes centuries of financial missteps.

The Broken Compass: How Left and Right Lost Their Meaning


Peter Hitchens - 2009
    Left-wingers keenly support the bombing of Belgrade and the invasion of Iraq. Tories warn against the threat to civil liberties. The 'progressive' BBC gives a fair hearing to the Conservative Party. Socialist journalists turn and rend Ken Livingstone. In democratic London, merely expressing your opinion can be seriously bad for your career, while in autocratic Moscow you can say pretty much what you like, provided you don't do anything about it. The tearing down of the old Iron Curtain may have allowed markets to sweep into the old Warsaw Pact lands - but it has also permitted revolutionary left-wing ideas to spread like a bacillus through the 'West'.Nobody really cares any more about the old shibboleths of state ownership. The British Labour Party - which opposed nuclear weapons, supposedly on principle, when they mattered - is quite happy to spend billions on the same weapons now that they are unnecessary.The supposed 'right' is as confused and nonsensical as the supposed 'left'. Neo-conservatives run vast budget deficits at home and engage in utopian adventures abroad. They are actively opposed to old conservative ideas such as national sovereignty, strong families and rigorous selective education, and happy to bend the knee to left-wing orthodoxies from man-made global warming to egalitarianism.The political compass is broken, its needle swinging wildly and meaninglessly. The existing political parties have converged, or perhaps simply retreated in confusion on to what looked like safe territory, the often tried and repeated failed policies of Fabian Social Democracy, now worsened by 1960s sexual and social radicalism. They are no longer adversaries, their personnel are interchangeable and they struggle to find ways to distinguish themselves from each other. They simply ignore - or deny - huge areas of human experience and concern from mass immigration to the collapse of marriage and the disappearance of order and rigour in the state education system.Yet conventional wisdom continues to insist that formal politics can and should continue as it did before - and that an exasperated and increasingly angry electorate should place its hopes in a mere change of personnel at the next election. Peter Hitchens argues for the re-establishment of proper adversary politics and the rediscovery of principle.

101 Things Everyone Should Know About Economics: A Down and Dirty Guide to Everything from Securities and Derivatives to Interest Rates and Hedge Funds - And What They Mean For You


Peter Sander - 2009
    This easy-to-understand guide answers all the questions you need to know to secure your financial future, such as: What does it mean to my paycheck when the Fed lowers or raises interest rates?What's the difference between bonds, securities, and derivatives - and which should I invest in now?What does Keynesian economics have to do with my savings? For those people whose heads spin when reading the business pages of the newspaper, here's a roadmap through the economic jungle. In simple, plain language, Peter Sander explains how economies work, why they grow, how they contract, and what the government can and can't do to help them. Most important, he tells you how all this affects "you" - and what kind of changes you're going to see in your finances as a result.Economics has been called the dismal" science. But it doesn't need to be gloomy or impenetrable. This book is an essential guide for anyone who wants to understand where the economy is today, where it's going, and what it means for the rest of us."

The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes


Zachary D. Carter - 2020
    Writing a full two years before Keynes would revolutionize the economics world with the publication of The General Theory, Woolf nevertheless found herself unable to condense her friend's already-extraordinary life into anything less than twenty-five themes, which she jotted down at the opening of her homage: "Politics. Art. Dancing. Letters. Economics. Youth. The Future. Glands. Genealogies. Atlantis. Mortality. Religion. Cambridge. Eton. The Drama. Society. Truth. Pigs. Sussex. The History of England. America. Optimism. Stammer. Old Books. Hume."Keynes was not only an economist, as he is remembered today, but the preeminent anti-authoritarian thinker of the twentieth century, a man who devoted his life to the belief that art and ideas could conquer war and deprivation. A moral philosopher, political theorist, and statesman, Keynes immersed himself in a creative milieu filled with ballerinas and literary icons as he developed his own innovative and at times radical thought, reinventing Enlightenment liberalism for the harrowing crises of his day--which included two world wars and an economic collapse that challenged the legitimacy of democratic government itself. The Price of Peace follows Keynes from intimate turn-of-the-century parties in London's riotous Bloomsbury art scene to the fevered negotiations in Paris that shaped the Treaty of Versailles, through stock market crashes and currency crises to diplomatic breakthroughs in the mountains of New Hampshire and wartime ballet openings at Covent Garden.In this riveting biography, veteran journalist Zachary D. Carter unearths the lost legacy of one of history's most important minds. John Maynard Keynes's vibrant, deeply human vision of democracy, art, and the good life has been obscured by technical debates, but in The Price of Peace, Carter revives a forgotten set of ideas with the power to reinvent national government and reframe the principles of international diplomacy in our own time.