What Money Can't Buy: The Moral Limits of Markets


Michael J. Sandel - 2012
    Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets?In recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society.In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?

Utopia for Realists: How We Can Build the Ideal World


Rutger Bregman - 2014
    A 15-hour workweek. Open borders. Does it sound too good to be true? One of Europe's leading young thinkers shows how we can build an ideal world today. "A more politically radical Malcolm Gladwell."—The New York Times After working all day at jobs we often dislike, we buy things we don't need. Rutger Bregman, a Dutch historian, reminds us it needn't be this way—and in some places it isn't. Rutger Bregman's TED Talk about universal basic income seemed impossibly radical when he delivered it in 2014. A quarter of a million views later, the subject of that video is being seriously considered by leading economists and government leaders the world over. It's just one of the many utopian ideas that Bregman proves is possible today. Utopia for Realists is one of those rare books that takes you by surprise and challenges what you think can happen. From a Canadian city that once completely eradicated poverty, to Richard Nixon's near implementation of a basic income for millions of Americans, Bregman takes us on a journey through history, and beyond the traditional left-right divides, as he champions ideas whose time have come. Every progressive milestone of civilization—from the end of slavery to the beginning of democracy—was once considered a utopian fantasy. Bregman's book, both challenging and bracing, demonstrates that new utopian ideas, like the elimination of poverty and the creation of the fifteen-hour workweek, can become a reality in our lifetime. Being unrealistic and unreasonable can in fact make the impossible inevitable, and it is the only way to build the ideal world.

Green Swans: The Coming Boom In Regenerative Capitalism


John Elkington - 2020
    Green Swans is a manifesto for system change designed to serve people, planet, and prosperity. In his twentieth book, John Elkington—dubbed the “Godfather of Sustainability”—explores new forms of capitalism fit for the twenty-first century. If Nassim Nicholas Taleb’s “Black Swans” are problems that take us exponentially toward breakdown, then “Green Swans” are solutions that take us exponentially toward breakthrough. The success—and survival—of humanity now depends on how we rein in the first and accelerate the second.Green Swans draws on Elkington’s first-hand experience in some of the world’s best-known boardrooms and C-suites. Using case studies, real-world examples, and profiles on emergent technologies, Elkington shows how the weirdest “Ugly Ducklings” of today’s world may turn into tomorrow’s world-saving Green Swans.  This book is a must-read for business leaders in corporations great and small who want to help their businesses survive the coming shift in global priorities over the next decade and expand their horizons from responsibility, through resilience, and onto regeneration.

The Physics of Wall Street: A Brief History of Predicting the Unpredictable


James Owen Weatherall - 2013
    While many of the mathematicians and software engineers on Wall Street failed when their abstractions turned ugly in practice, a special breed of physicists has a much deeper history of revolutionizing finance. Taking us from fin-de-siècle Paris to Rat Pack-era Las Vegas, from wartime government labs to Yippie communes on the Pacific coast, Weatherall shows how physicists successfully brought their science to bear on some of the thorniest problems in economics, from options pricing to bubbles.The crisis was partly a failure of mathematical modeling. But even more, it was a failure of some very sophisticated financial institutions to think like physicists. Models—whether in science or finance—have limitations; they break down under certain conditions. And in 2008, sophisticated models fell into the hands of people who didn’t understand their purpose, and didn’t care. It was a catastrophic misuse of science.The solution, however, is not to give up on models; it's to make them better. Weatherall reveals the people and ideas on the cusp of a new era in finance. We see a geophysicist use a model designed for earthquakes to predict a massive stock market crash. We discover a physicist-run hedge fund that earned 2,478.6% over the course of the 1990s. And we see how an obscure idea from quantum theory might soon be used to create a far more accurate Consumer Price Index.Both persuasive and accessible, The Physics of Wall Street is riveting history that will change how we think about our economic future.

The Good Ancestor: How to Think Long-Term in a Short-Term World


Roman Krznaric - 2020
    Today, in an age driven by the tyranny of the now, with 24/7 news, the latest tweet, and the buy-now button commanding our attention, we rarely stop to consider how our actions will affect future generations. With such frenetic short-termism at the root of contemporary crises, the call for long-term thinking grows every day – but what is it, has it ever worked, and can we even do it?In The Good Ancestor, leading public philosopher Roman Krznaric argues that there is still hope. From the pyramids to the NHS, humankind has always had the innate ability to plan for posterity and take action that will resonate for decades, centuries, even millennia to come. If we want to become good ancestors, now is the time to recover and enrich this imaginative skill.The Good Ancestor reveals six profound ways in which we can all learn to think long-term, exploring how we can reawaken oft-neglected but uniquely human talents like ‘cathedral thinking’ that expand our time horizons and sharpen our foresight. Drawing on radical solutions from around the world, Krznaric celebrates the innovators who are reinventing democracy, culture and economics so that we all have the chance to become good ancestors and create a better tomorrow.

Narconomics: How to Run a Drug Cartel


Tom Wainwright - 2016
    From creating brand value to fine-tuning customer service, the folks running cartels have been attentive students of the strategy and tactics used by corporations such as Walmart, McDonald's, and Coca-Cola.     And what can government learn to combat this scourge? By analyzing the cartels as companies, law enforcers might better understand how they work—and stop throwing away 100 billion a year in a futile effort to win the “war” against this global, highly organized business.     Your intrepid guide to the most exotic and brutal industry on earth is Tom Wainwright. Picking his way through Andean cocaine fields, Central American prisons, Colorado pot shops, and the online drug dens of the Dark Web, Wainwright provides a fresh, innovative look into the drug trade and its 250 million customers.     The cast of characters includes “Bin Laden,” the Bolivian coca guide; “Old Lin,” the Salvadoran gang leader; “Starboy,” the millionaire New Zealand pill maker; and a cozy Mexican grandmother who cooks blueberry pancakes while plotting murder. Along with presidents, cops, and teenage hitmen, they explain such matters as the business purpose for head-to-toe tattoos, how gangs decide whether to compete or collude, and why cartels care a surprising amount about corporate social responsibility.More than just an investigation of how drug cartels do business, Narconomics is also a blueprint for how to defeat them.

A Bright Future: How Some Countries Have Solved Climate Change and the Rest Can Follow


Joshua S. Goldstein - 2019
    Several countries have already replaced fossil fuels with low-carbon energy sources, and done so rapidly, in one to two decades. By following their methods, we could decarbonize the global economy by midcentury, replacing fossil fuels even while world energy use continues to rise. But so far we have lacked the courage to really try.In this clear-sighted and compelling book, Joshua Goldstein and Staffan Qvist explain how clean energy quickly replaced fossil fuels in such places as Sweden, France, South Korea, and Ontario. Their people enjoyed prosperity and growing energy use in harmony with the natural environment. They didn't do this through personal sacrifice, nor through 100 percent renewables, but by using them in combination with an energy source the Swedes call käkraft, hundreds of times safer and cleaner than coal.Clearly written and beautifully illustrated, yet footnoted with extensive technical references, Goldstein and Qvist's book will provide a new touchstone in discussions of climate change. It could spark a shift in world energy policy that, in the words of Steven Pinker's foreword, literally saves the world.

Climate Confusion: How Global Warming Hysteria Leads to Bad Science, Pandering Politicians and Misguided Policies That Hurt the Poor


Roy W. Spencer - 2008
    It has spawned Hollywood blockbusters and inspired major political movements. It has given a higher calling to celebrities and built a lucrative industry for scores of eager scientists. In short, ending climate change has become a national crusade. And yet, despite this dominant and sprawling campaign, the facts behind global warming remain as confounding as ever. In Climate Confusion, distinguished climatologist Dr. Roy Spencer observes that our obsession with global warming has only clouded the issue. Forsaking blindingly technical statistics and doomsday scenarios, Dr. Spencer explains in simple terms how the climate system really works, why man's role in global warming is more myth than science, and how the global warming hype has corrupted Washington and the scientific community. The reasons, Spencer explains, are numerous: biases in governmental funding of scientific research, our misconceptions about science and basic economics, even our religious beliefs and worldviews. From Al Gore to Leonardo DiCaprio, the climate change industry has given a platform to leading figures from all walks of life, as pandering politicians, demagogues and biased scientists forge a self-interested movement whose proposed policy initiatives could ultimately devastate the economies of those developing countries they purport to aid. Climate Confusion is a much needed wake up call for all of us on planet earth. Dr. Spencer's clear-eyed approach, combined with his sharp wit and intellect, brings transparency and levity to the issue of global warming as he takes on wrong-headed attitudes and misguided beliefs that have led to our state of panic. Climate Confusion lifts the shroud of mystery that has hovered here for far too long and offers an end to this frenzy of misinformation in our lives. --This text refers to the Hardcover edition.

Blue Gold: The Fight to Stop the Corporate Theft of the World's Water


Maude Barlow - 1999
    Our most basic resource may one day be limited: our consumption doubles every twenty years—twice the rate of population increase. At the same time, increasingly transnational corporations are plotting to control the world’s dwindling water supply. In England and France, where water has already been privatized, rates have soared, and water shortages have been severe. The major bottled-water producers—Perrier, Evian, Naya, and now Coca-Cola and PepsiCo—are part of one of the fastest-growing and least-regulated industries, buying up freshwater rights and drying up crucial supplies.A truly shocking exposé that is a call to arms to people around the world, Blue Gold shows in frightening detail why, as the vice president of the World Bank has pronounced, “The wars of the next century will be about water.”

Planet on Fire: A Manifesto for the Age of Environmental Breakdown


Mathew Lawrence - 2021
    Everyone knows that this is happening, and yet the only politics that is emerging to tackle it are coming from the increasingly nativist far-right. How should the left respond?In Beyond Barbarism, two rising stars of the British left lay down a set of proposals for a fundamental re-shaping of the global economy and offer a roadmap for tackling climate breakdown. Building on the debates surrounding the Green New Deal, debates that both authors have been central to, Lawrence and Laybourn argue that it is not enough merely to spend our way out of the crisis. Instead we need to rapidly reshape the shape and purpose of the economy, away from the emphasis on endless growth and towards creating a healthy and flourishing environment for everyone. This must be based on the principles of internationalism and the democratic ownership of the economy. Beyond Barbarism is a radical and achievable manifesto for a new politics and a new economics capable of tackling climate breakdown.

Amity and Prosperity: One Family and the Fracturing of America


Eliza Griswold - 2018
    This is an incredible true account of investigative journalism and a devastating indictment of energy politics in America.Stacey Haney, a lifelong resident of Amity, Pennsylvania, is struggling to support her children when the fracking boom comes to town. Like most of her neighbors, she sees the energy companies' payments as a windfall. Soon trucks are rumbling down her unpaved road and a fenced-off fracking site rises on adjacent land. But her annoyance gives way to concern and then to fear as domestic animals and pets begin dying and mysterious illnesses strike her family--despite the companies' insistence that nothing is wrong.Griswold masterfully chronicles Haney's transformation into an unlikely whistle-blower as she launches her own investigation into corporate wrongdoing. As she takes her case to court, Haney inadvertently reveals the complex rifts in her community and begins to reshape its attitudes toward outsiders, corporations, and the federal government. Amity and Prosperity uses her gripping and moving tale to show the true costs of our energy infrastructure and to illuminate the predicament of rural America in the twenty-first century.

Down to Earth: Politics in the New Climatic Regime


Bruno Latour - 2017
    This could explain the deadly cocktail of exploding inequalities, massive deregulation, and conversion of the dream of globalization into a nightmare for most people.What holds these three phenomena together is the conviction, shared by some powerful people, that the ecological threat is real and that the only way for them to survive is to abandon any pretense at sharing a common future with the rest of the world. Hence their flight offshore and their massive investment in climate change denial.The Left has been slow to turn its attention to this new situation. It is still organized along an axis that goes from investment in local values to the hope of globalization and just at the time when, everywhere, people dissatisfied with the ideal of modernity are turning back to the protection of national or even ethnic borders.This is why it is urgent to shift sideways and to define politics as what leads toward the Earth and not toward the global or the national. Belonging to a territory is the phenomenon most in need of rethinking and careful redescription; learning new ways to inhabit the Earth is our biggest challenge. Bringing us down to earth is the task of politics today.

Unsettled: What Climate Science Tells Us, What It Doesn’t, and Why It Matters


Steven E. Koonin - 2021
    But according to science, all of these statements are profoundly misleading.When it comes to climate change, the media, politicians, and other prominent voices have declared that “the science is settled.” In reality, the long game of telephone from research to reports to the popular media is corrupted by misunderstanding and misinformation. Core questions—about the way the climate is responding to our influence, and what the impacts will be—remain largely unanswered. The climate is changing, but the why and how aren’t as clear as you’ve probably been led to believe. Now, one of America’s most distinguished scientists is clearing away the fog to explain what science really says (and doesn’t say) about our changing climate. In Unsettled: What Climate Science Tells Us, What It Doesn't, and Why It Matters, Steven Koonin draws upon his decades of experience—including as a top science advisor to the Obama administration—to provide up-to-date insights and expert perspective free from political agendas. Fascinating, clear-headed, and full of surprises, this book gives readers the tools to both understand the climate issue and be savvier consumers of science media in general. Koonin takes readers behind the headlines to the more nuanced science itself, showing us where it comes from and guiding us through the implications of the evidence. He dispels popular myths and unveils little-known truths: despite a dramatic rise in greenhouse gas emissions, global temperatures actually decreased from 1940 to 1970. What’s more, the models we use to predict the future aren’t able to accurately describe the climate of the past, suggesting they are deeply flawed. Koonin also tackles society’s response to a changing climate, using data-driven analysis to explain why many proposed “solutions” would be ineffective, and discussing how alternatives like adaptation and, if necessary, geoengineering will ensure humanity continues to prosper. Unsettled is a reality check buoyed by hope, offering the truth about climate science that you aren’t getting elsewhere—what we know, what we don’t, and what it all means for our future.

Extra Time: 10 Lessons for an Ageing World


Camilla Cavendish - 2019
    It is a wake-up call to us all’ SUNDAY TIMES From award-winning journalist, Camilla Cavendish, comes a profound analysis of one of the biggest challenges facing the human population today.The world is undergoing a dramatic demographic shift. By 2020, for the first time in history, the number of people aged 65 and over will outnumber children aged five and under. But our systems are lagging woefully behind this new reality. In Extra Time, Camilla Cavendish embarks on a journey to understand how different countries are responding to these unprecedented challenges.Travelling across the world in a carefully researched and deeply human investigation, Cavendish contests many of the taboos around ageing. Interviewing leading scientists about breakthroughs that could soon transform the quality and extent of life, she sparks a debate about how governments, businesses, doctors, the media and each one of us should handle the second half of life. She argues that if we take a more positive approach, we should be able to reap the benefits of a prolonged life. But that will mean changing our attitudes andusing technology, community, even anti-ageing pills, to bring about a revolution.

The General Theory of Employment, Interest, and Money


John Maynard Keynes - 1935
    In his most important work, The General Theory of Employment, Interest, and Money (1936), Keynes critiqued the laissez-faire policies of his day, particularly the proposition that a normally functioning market economy would bring full employment. Keynes's forward-looking work transformed economics from merely a descriptive and analytic discipline into one that is policy oriented. For Keynes, enlightened government intervention in a nation's economic life was essential to curbing what he saw as the inherent inequalities and instabilities of unregulated capitalism.