Why Nations Fail: The Origins of Power, Prosperity, and Poverty


Daron Acemoğlu - 2012
    None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:    - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West?    - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?    - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Bullshit Jobs: A Theory


David Graeber - 2018
    After a million online views in seventeen different languages, people all over the world are still debating the answer.There are millions of people—HR consultants, communication coordinators, telemarketing researchers, corporate lawyers—whose jobs are useless, and, tragically, they know it. These people are caught in bullshit jobs.Graeber explores one of society’s most vexing and deeply felt concerns, indicting among other villains a particular strain of finance capitalism that betrays ideals shared by thinkers ranging from Keynes to Lincoln. Bullshit Jobs gives individuals, corporations, and societies permission to undergo a shift in values, placing creative and caring work at the center of our culture. This book is for everyone who wants to turn their vocation back into an avocation.

Street of Eternal Happiness: Big City Dreams Along a Shanghai Road


Rob Schmitz - 2016
    Marketplace’s Rob Schmitz is one of them. He immerses himself in his neighborhood, forging deep relationships with ordinary people who see in the city’s sleek skyline a brighter future, and a chance to rewrite their destinies. There’s Zhao, whose path from factory floor to shopkeeper is sidetracked by her desperate measures to ensure a better future for her sons. Down the street lives Auntie Fu, a fervent capitalist forever trying to improve herself with religion and get-rich-quick schemes while keeping her skeptical husband at bay. Up a flight of stairs, musician and café owner CK sets up shop to attract young dreamers like himself, but learns he’s searching for something more. As Schmitz becomes more involved in their lives, he makes surprising discoveries which untangle the complexities of modern China: A mysterious box of letters that serve as a portal to a family’s – and country’s – dark past, and an abandoned neighborhood where fates have been violently altered by unchecked power and greed.  A tale of 21st century China, Street of Eternal Happiness profiles China’s distinct generations through multifaceted characters who illuminate an enlightening, humorous, and at times heartrending journey along the winding road to the Chinese Dream. Each story adds another layer of humanity and texture to modern China, a tapestry also woven with Schmitz’s insight as a foreign correspondent. The result is an intimate and surprising portrait that dispenses with the tired stereotypes of a country we think we know, immersing us instead in the vivid stories of the people who make up one of the world’s most captivating cities.

The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World


Jacqueline Novogratz - 2009
    It all started back home in Virginia, with the blue sweater, a gift that quickly became her prized possession—until the day she outgrew it and gave it away to Goodwill. Eleven years later in Africa, she spotted a young boy wearing that very sweater, with her name still on the tag inside. That the sweater had made its trek all the way to Rwanda was ample evidence, she thought, of how we are all connected, how our actions—and inaction—touch people every day across the globe, people we may never know or meet.From her first stumbling efforts as a young idealist venturing forth in Africa to the creation of the trailblazing organization she runs today, Novogratz tells gripping stories with unforgettable characters—women dancing in a Nairobi slum, unwed mothers starting a bakery, courageous survivors of the Rwandan genocide, entrepreneurs building services for the poor against impossible odds. She shows, in ways both hilarious and heartbreaking, how traditional charity often fails, but how a new form of philanthropic investing called "patient capital" can help make people self-sufficient and can change millions of lives. More than just an autobiography or a how-to guide to addressing poverty, The Blue Sweater is a call to action that challenges us to grant dignity to the poor and to rethink our engagement with the world.

Economic Facts and Fallacies


Thomas Sowell - 2007
    These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.

Philosophy: Who Needs It


Ayn Rand - 1982
    In it, she summarizes her view of philosophy and deals with a broad spectrum of topics. According to Ayn Rand, the choice we make is not whether to have a philosophy, but which one to have: rational, conscious, and therefore practical; or contradictory, unidentified, and ultimately lethal. Written with all the clarity and eloquence that have placed Ayn Rand's Objectivist philosophy in the mainstream of American thought, these essays range over such basic issues as education, morality, censorship, and inflation to prove that philosophy is the fundamental force in all our lives.

Black Gold of the Sun: Searching for Home in Africa and Beyond


Ekow Eshun - 2005
    In 2001, at the age of thirty-three, Ekow Eshun-born in London to African-born parents-embarks on a trip to Ghana in search of his roots, and in this rich narrative he evokes both the physical and emotional aspects of his travels. Eshun makes his way to Accra, Ghana's cosmopolitan capital city; to the storied slave forts of Elmina; to the historic warrior kingdom of Asante. He reflects on earlier pilgrims who followed the same path-W. E. B. DuBois, Richard Wright, Malcolm X-and on the millions of slaves shipped to the West from the Ghanaian coast. He recalls the racially charged years of his youth, and he considers the paradoxes and possibilities in contemporary Britain for someone like himself. Finally, he uncovers a long-held secret about his lineage that will compel him to question everything he knows about himself and about where he comes from. Written with exquisite particularity of place and mind, and with rare immediacy and candor, "Black Gold of the Sun" tells a story of identity, belonging, and unexpected hope.

From Emperor to Citizen: The Autobiography of Aisin-Gioro Pu Yi


Pu Yi - 1964
    A unique memoir of the first half of the twentieth century as seen through the eyes of one born to be an absolute monarch, the book begins with the author's vivid account of the last, decadent days of the Ching Dynasty, and closes with an introspective self-portrait of the last Ching emperor transformed into a retiring scholar and citizen of the People's Republic of China.In detailing the events of the fifty years between his ascension to the throne and the final period of his life as a quiet-living resident of Beijing, Pu Yi reveals himself to be first and foremost a survivor, caught up in the torrent of global power struggles and world conflict that played itself out on the Asian continent through many decades of violence and upheaval.The firsthand description of the dramatic events of Pu Yi's life was the basis for the internationally acclaimed 1987 Bernardo Bertolucci film The Last Emperor which was named Best Picture of the Year by the American Academy of Motion Picture Arts and Sciences. From Emperor to Citizen readily lends itself to cinematic adaptation as a personal narrative of continuously significant and revealing episodes.Becoming emperor and then forced to abdicate with the establishment of the Republic of China in 1911, all before he is seven years old, Pu Yi continues to live in the Forbidden City for another decade, still treated as the Son of Heaven by the moribund Ching court, but in reality a virtual prisoner with little genuine human contact apart from his beloved nurse Mrs. Wang, his teacher Chen Pao-shen and his English teacher Reginald Johnston.When at the age of nineteen Pu Yi is finally forced to vacate his isolated existence within the Forbidden City, he begins his long odyssey as the dependent of the occupying imperial Japanese regime, first in Tientsin, and eventually installed as "emperor" of the Japanese puppet state styled Manchukuo in China's northeast provinces. With the defeat of Japan and the end of the Second World War, Pu Yi faces a very uncertain future as he is shunted off to Russia for five years before returning to a new China transformed by revolution, where he is confined in the Fushun War Criminal Prison. Here he undergoes several years of rehabilitation, "learning how to become a human being," as he calls it, before receiving an official pardon and being allowed to finally live as an ordinary citizen of Beijing.This autobiography is the culmination of a unique and remarkable life, told simply, directly and frankly by a man whose circumstances and experiences were like no other.

Civilization: The West and the Rest


Niall Ferguson - 2011
    Yet now, Ferguson shows how the Rest have downloaded the killer apps the West once monopolized, while the West has literally lost faith in itself. Chronicling the rise and fall of empires alongside clashes (and fusions) of civilizations, Civilization: The West and the Rest recasts world history with force and wit. Boldly argued and teeming with memorable characters, this is Ferguson at his very best.

Quotations from Chairman Mao Tse-Tung


Mao Zedong - 1964
    

Across Many Mountains: A Tibetan Family's Epic Journey from Oppression to Freedom


Yangzom Brauen - 2009
    One of the country's youngest Buddhist nuns, she grew up in a remote mountain village where, as a teenager, she entered the local nunnery. Though simple, Kunsang's life gave her all she needed: a oneness with nature and a sense of the spiritual in all things. She married a monk, had two children, and lived in peace and prayer. But not for long. There was a saying in Tibet: "When the iron bird flies and horses run on wheels, the Tibetan people will be scattered like ants across the face of the earth." The Chinese invasion of Tibet in 1950 changed everything. When soldiers arrived at her mountain monastery, destroying everything in their path, Kunsang and her family fled across the Himalayas only to spend years in Indian refugee camps. She lost both her husband and her youngest child on that journey, but the future held an extraordinary turn of events that would forever change her life--the arrival in the refugee camps of a cultured young Swiss man long fascinated with Tibet. Martin Brauen will fall instantly in love with Kunsang's young daughter, Sonam, eventually winning her heart and hand, and taking mother and daughter with him to Switzerland, where Yangzom will be born. Many stories lie hidden until the right person arrives to tell them. In rescuing the story of her now 90-year-old inspirational grandmother and her mother, Yangzom Brauen has given us a book full of love, courage, and triumph,as well as allowing us a rare and vivid glimpse of life in rural Tibet before the arrival of the Chinese. Most importantly, though, ACROSS MANY MOUNTAINS is a testament to three strong, determined women who are linked by an unbreakable family bond.

The Grid: Electrical Infrastructure for a New Era


Gretchen Bakke - 2016
    It’s not just that the grid has grown old and is now in dire need of basic repair. Today, as we invest great hope in new energy sources--solar, wind, and other alternatives--the grid is what stands most firmly in the way of a brighter energy future. If we hope to realize this future, we need to re-imagine the grid according to twenty-first-century values. It’s a project which forces visionaries to work with bureaucrats, legislators with storm-flattened communities, moneymen with hippies, and the left with the right. And though it might not yet be obvious, this revolution is already well under way.Cultural anthropologist Gretchen Bakke unveils the many facets of America's energy infrastructure, its most dynamic moments and its most stable ones, and its essential role in personal and national life. The grid, she argues, is an essentially American artifact, one which developed with us: a product of bold expansion, the occasional foolhardy vision, some genius technologies, and constant improvisation. Most of all, her focus is on how Americans are changing the grid right now, sometimes with gumption and big dreams and sometimes with legislation or the brandishing of guns.The Grid tells--entertainingly, perceptively--the story of what has been called “the largest machine in the world”: its fascinating history, its problematic present, and its potential role in a brighter, cleaner future.