Book picks similar to
The Global Financial System: A Functional Perspective by Kenneth A. Froot


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30-Second Economics: The 50 Most Thought-Provoking Economic Theories, Each Explained In Half A Minute


Donald Marron - 2010
    That is, you've certainly heard of them. But do you know enough about these economic theories to join a dinner party debate or dazzle the bar with your financial knowledge?30-Second Economics takes the top 50 economic theories, and explains them to the general reader in half a minute, using nothing more than two pages, 300 words, and one picture. Economics will suddenly seem a lot more fun than the economy, and make a lot more sense, and along the way you'll meet the founding fathers of modern economics such as Adam Smith, David Ricardo, and Alfred Marshall. From Marxism to Mercantilism, plus everything in between, this is the ultimate "crash" course in economic theory.

A Nation of Deadbeats: An Uncommon History of America's Financial Disasters


Scott Reynolds Nelson - 2012
     It is also a story of dramatic financial panics that defined the nation, created its political parties, and forced tens of thousands to escape their creditors to new towns in Texas, Florida, and California.  As far back as 1792, these panics boiled down to one simple question: Would Americans pay their debts—or were we just a nation of deadbeats? From the merchant William Duer’s attempts to speculate on post–Revolutionary War debt, to an ill-conceived 1815 plan to sell English coats to Americans on credit, to the debt-fueled railroad expansion that precipitated the Panic of 1857, Scott Reynolds Nelson offers a crash course in America’s worst financial disasters—and a concise explanation of the first principles that caused them all. Nelson shows how consumer debt, both at the highest levels of finance and in the everyday lives of citizens, has time and again left us unable to make good. The problem always starts with the chain of banks, brokers, moneylenders, and insurance companies that separate borrowers and lenders.  At a certain point lenders cannot tell good loans from bad—and when chits are called in, lenders frantically try to unload the debts, hide from their own creditors, go into bankruptcy, and lobby state and federal institutions for relief. With a historian’s keen observations and a storyteller’s nose for character and incident, Nelson captures the entire sweep of America’s financial history in all its utter irrationality: national banks funded by smugglers; fistfights in Congress over the gold standard; and presidential campaigns forged in stinging controversies on the subject of private debt. A Nation of Deadbeats is a fresh, irreverent look at Americans’ addiction to debt and how it has made us what we are today.

The Economics of Belonging: A Radical Plan to Win Back the Left Behind and Achieve Prosperity for All


Martin Sandbu - 2020
    Political debates have turned into violent clashes between those who want to "take their country back" and those viewed as defending an elitist, broken, and unpatriotic social contract. There seems to be an increasing polarization of values. The Economics of Belonging argues that we should step back and take a fresh look at the root causes of our current challenges. In this original, engaging book, Martin Sandbu argues that economics remains at the heart of our widening inequality and it is only by focusing on the right policies that we can address it. He proposes a detailed, radical plan for creating a just economy where everyone can belong.Sandbu demonstrates that the rising numbers of the left behind are not due to globalization gone too far. Rather, technological change and flawed but avoidable domestic policies have eroded the foundations of an economy in which everyone can participate--and would have done so even with a much less globalized economy. Sandbu contends that we have to double down on economic openness while pursuing dramatic reforms involving productivity, regional development, support for small- and medium-sized businesses, and increased worker representation. He discusses how a more active macroeconomic policy, education for all, universal basic income, and better taxation of capital could work together for society's benefit.Offering real answers, not invective, for facing our most serious political issues, The Economics of Belonging shows how a better economic system can work for all.

The No Spend Year: How I spent less and lived more


Michelle Mcgagh - 2017
    You'd think that would make her a whizz with her own cash, right? Wrong!Spending with abandon and ignoring bank statements were her modus operandi. Just because she wasn't in serious debt, apart from her massive London mortgage, she thought she was in control. She wasn't.Something needed to be done but rather than cut back here and there, Michelle's approach was more radical. She set herself a challenge to not spend anything for an entire year. She pays her bills and she has a minimal budget for her weekly groceries and household essentials but otherwise Michelle doesn't spend any money at all. She is finding creative ways to get the things she needs, to travel and to still be able to enjoy her time. Not only has she saved money but she is happier: no longer feeling the desire to buy things all the time or feeling the pressure of being sold to. Her relationship with money, with things, with time, with others has changed for the better.The No Spend Year is Michelle's honestly written and personal account of her challenge. But it is more than that, it is also a tool for life that will help you get to grips with your own financial situation. She talks about money in an accessible, unintimidating and often entertaining way and interspersed throughout are really brilliant personal finance tips and life hacks about interest, mortgages, savings , pensions and spending less to help you live a more financially secure life too.

Trump: Surviving at the Top


Donald J. Trump - 1990
    Now Trump is back, in a book with a distinctly personal edge, taking the reader behind the scenes on the business deals that have kept his name continually in the headlines. Here too for the first time is Trump's account of the decline and fall of his celebrated marriage to Ivana. 16 pages of photographs.

More Important Than Money: an Entrepreneur’s Team


Robert T. Kiyosaki - 2017
    They’re confident that their new product or service or innovation will make them rich and that all their dreams will come true. The problem is: Most people don’t know how to turn their million-dollar idea into millions of dollars.According to many social scientists, the most important thing in life is a person’s social and professional network. In other words, the people around us—our associates, our team, our friends. The people we surround ourselves with—and the people we go to for advice and guidance—canmean the difference between success and failure. And as he taught in Rich Dad Poor Dad, if the people around you have a poor person’s mindset, it’s likely that you’ll be, or stay, poor. Your team, in life and in business, will determine if your million-dollar idea will give you a million-dollar payday.In More Important Than Money, Robert teams up with his most trusted Advisors who contribute not only chapters on the strengths and talents they bring to the team, but offer candid and insightful individual Profiles and excerpts from each of the 14 Rich Dad Advisor Series books. Readers will meet all of Robert’s Rich Dad Advisors and learn why they are among his most valuable assets.

Zillow Talk: The New Rules of Real Estate


Spencer Rascoff - 2015
    To understand real estate in our fast-paced, technology-driven world, we need to toss out all of the outdated truisms and embrace today's brand new information. But how? Enter Zillow, the nation's #1 real estate website and mobile app. Thanks to its treasure trove of proprietary data and army of statisticians and data scientists, led by chief economist Stan Humphries, Zillow has been able to spot the trends and truths of today's housing market while acknowledging that a home is more than an economic asset. In Zillow Talk, Humphries and CEO Spencer Rascoff explain the science behind where and how we live now and reveal practical, data-driven insights about buying, selling, renting and financing real estate. Read this book to find out why: It's better to remodel your bathroom than your kitchen Putting the word "cute" in your listing could cost you thousands of dollars You shouldn't buy the worst house in the best neighborhood You should never list your house for $444,000 You shouldn't list your house for sale before March Madness or after the Masters Densely packed with entertaining anecdotes and invaluable how-to advice, Zillow Talk is poised to be the real estate almanac for the next generation.

There Are No Electrons: Electronics for Earthlings


Kenn Amdahl - 1991
    Despite its title, it's not wild ranting pseudo-science to be dismissed by those with brains. Rather, Amdahl maintains that one need not understand quantum physics to grasp how electricity works in practical applications. To understand your toaster or your fax machine, it doesn't really matter whether there are electrons or not, and it's a lot easier and more fun to start with the toaster than with quarks and calculus. The book is mildly weird, often funny, always clear and easy to understand. It assumes the reader doesn't know a volt from a hole in the ground and gently leads him or her through integrated circuits, radio, oscillators and the basics of the digital revolution using examples that include green buffalo, microscopic beer parties, break-dancing chickens and naked Norwegian girls in rowboats. OK, it's more than mildly weird.The book has been reprinted numerous times since 1991 and has achieved minor cult status. Reviewed and praised in dozens of electronics and educational magazines, it is used as a text by major corporations, colleges, high schools, military schools and trade schools. It has been studied by education programs at colleges across the United States. This book was making wise cracks in the corner before anyone thought of designing books for dummies and idiots; some say it helped to inspire that industry.It may be the only "introduction to electronics books" with back cover comments by Dave Barry, Ray Bradbury, Clive Cussler, and George Garrett, as well as recomendations from Robert Hazen, Bob Mostafapour, Dr. Roger Young, Dr. Wayne Green, Scott Rundle, Brian Battles, Michelle Guido, Herb Reichert and Emil Venere. As Monitoring Times said, "Perhaps the best electronics book ever. If you'd like to learn about basic electronics but haven't been able to pull it off, get There Are No Electrons. Just trust us. Get the book."

A Little History of Economics


Niall Kishtainy - 2017
    This clear, accessible, and even humorous book is ideal for young readers new to economics and for all readers who seek a better understanding of the full sweep of economic history and ideas. Economic historian Niall Kishtainy organizes short, chronological chapters that center on big ideas and events. He recounts the contributions of key thinkers including Adam Smith, David Ricardo, Karl Marx, John Maynard Keynes, and others, while examining topics ranging from the invention of money and the rise of agrarianism to the Great Depression, entrepreneurship, environmental destruction, inequality, and behavioral economics. The result is a uniquely enjoyable volume that succeeds in illuminating the economic ideas and forces that shape our world.

Brooklyn: The Once and Future City


Thomas Campanella - 2019
    In Brooklyn: The Once and Future City, Thomas J. Campanella unearths long-lost threads of the urban past, telling the rich history of the rise, fall, and reinvention of one of the world's most resurgent cities.Spanning centuries and neighborhoods, Brooklyn-born Campanella recounts the creation of places familiar and long forgotten, both built and never realized, bringing to life the individuals whose dreams, visions, rackets, and schemes forged the city we know today. He takes us through Brooklyn's history as homeland of the Leni Lenape and its transformation by Dutch colonists into a dense slaveholding region. We learn about English �migr� Deborah Moody, whose town of Gravesend was the first founded by a woman in America. We see how wanderlusting Yale dropout Frederick Law Olmsted used Prospect Park to anchor an open space system that was to reach back to Manhattan. And we witness Brooklyn's emergence as a playland of racetracks and amusement parks celebrated around the world.Campanella also describes Brooklyn's outsized failures, from Samuel Friede's bid to erect the world's tallest building to the long struggle to make Jamaica Bay the world's largest deepwater seaport, and the star-crossed urban renewal, public housing, and highway projects that battered the borough in the postwar era. Campanella reveals how this immigrant Promised Land drew millions, fell victim to its own social anxieties, and yet proved resilient enough to reawaken as a multicultural powerhouse and global symbol of urban vitality.

100 Tricks to Appear Smart in Meetings: How to Get By Without Even Trying


Sarah Cooper - 2016
    This behavior is so ingrained, so subtle, and so often mistaken for true intelligence that identifying it, calling it out, or compiling it into an exhaustive digest has never been attempted. Until now.Complete with illustrated tips, examples, and scenarios, 100 Tricks gives you actionable ways to use words like 'actionable', in order to sound smart. Every type of meeting is covered, from general meetings where you stopped paying attention almost immediately, to one-on-one meetings you zoned out on, to impromptu meetings you were painfully subjected to at the last minute. It’s all here.Open this book to any page and find an easy-to-digest trick with an even easier-to-digest illustration, guiding you on: how to nail the big meeting by pacing and nodding, the most effective ways to listen to your coworkers while still completely ignoring them, and the key to making your presentations 'interactive'.If you hadn’t noticed these behaviors before, you will see them now - from your colleagues, your managers, and soon yourself. Each trick is a mirror to the reality of what happens in meetings, told in the form of hilariously bad advice - advice that you might just want to take. But probably not. But maybe.

Moral Mazes: The World of Corporate Managers


Robert Jackall - 1988
     Based on extensive interviews with managers at every level of two industrial firms and of a large public relations agency, Moral Mazes takes the reader inside the intricate world of the corporation. Jackall reveals a world where hard work does not necessarily lead to success, but where sharp talk, self-promotion, powerful patrons, and sheer luck might. Cheerfully-bland public faces mask intense competition in this world where people hide their intentions, and accountability often depends on the ability to outrun mistakes. In this topsy-turvy world, managers must bring often unforgiving technology and always difficult people together to make money, an uncompromising task demanding continual compromises with conventional truths. Moral questions become merely practical concerns and issues of public relations. Sooner or later, managers find themselves wondering how to act in such a world and still maintain a sense of personal integrity. This brilliant, sometimes disturbing, often wildly funny study of corporate thinking, decision-making, and morality presents compelling real life stories of the men and women charged with running the businesses of America. It will interest anyone concerned with how big organizations actually function, or with the current moral malaise in our public life.

Risk Management And Financial Institutions


John C. Hull - 2006
    A practical resource for financial professionals and students alike, Risk Management and Financial Institutions, Third Edition explains all aspects of financial risk as well as the way financial institutions are regulated, to help readers better understand financial markets and potential dangers.Fully revised and updated, this new edition features coverage of Basel 2.5, Basel III and Dodd-Frank as well as expanded sections on counterparty credit risk, central clearing, and collateralization. In addition, end-of-chapter practice problems and a website featuring supplemental materials designed to provide a more comprehensive learning experience make this the ultimate learning resource. Written by acclaimed risk management expert, John Hull, Risk Management and Financial Institutions is the only book you need to understand--and respond to--financial risk.The new edition of the financial risk management bestseller Describes the activities of different types of financial institutions, explains how they are regulated, and covers market risk, credit risk, operational risk, liquidity risk, and model risk Features new coverage of Basel III, Dodd-Frank, counterparty credit risk, central clearing, collateralization, and much more Provides readers with access to a supplementary website offering software and unique learning aids Author John Hull is one of the most respected authorities on financial risk management A timely update to the definitive resource on risk in the financial system, Risk Management and Financial Institutions + Web Site, Third Edition is an indispensable resource from internationally renowned expert John Hull.

The WSJ Guide to the 50 Economic Indicators That Really Matter: From Big Macs to "Zombie Banks," the Indicators Smart Investors Watch to Beat the Market


Simon Constable - 2011
    But while most are looking at conventional barometers like unemployment rates and housing statistics, the smartest investors are following the curious and often ignored indicators that offer a true sense of where the economy is and where it's heading. These factors have been proven to provide the vital information needed to beat the market.Dow Jones columnist Simon Constable and respected financial historian Robert E. Wright offer valuable tips and insight to help investors forecast and exploit sea changes in the global macroeconomic climate. Unlike other investment handbooks, Constable and Wright’s guide explores the little-known economic indicators that the smartest investors watch closely in order to beat the stock market—from “Big Macs” to “zombie banks.” This valuable and informative read entertains and enlightens while offering essential advice on navigating the global economic climate.

The Money Culture


Michael Lewis - 1991
    Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade.