The Everything Bubble: The Endgame For Central Bank Policy


Graham Summers - 2018
     Because these bonds serve as the foundation of our current financial system, when they are in a bubble, it means that all risk assets (truly EVERYTHING), are in a bubble, hence our title, The Everything Bubble. In this sense, the Everything Bubble represents the proverbial end game for central bank policy: the final speculative frenzy induced by Federal Reserve overreach. The Everything Bubble book is the result of over a decade of research and analysis of the financial markets and economy by noted investment analyst, Graham Summers, MBA. As such, this book is intended for anyone who wants to understand how the US financial system truly operates as well as those interested in the Federal Reserve’s future policy responses when the Everything Bubble bursts. To that end, The Everything Bubble is divided into two sections: How We Got Here and What’s to Come. Combined, these sections represent a blueprint for all things finance and money-related in the United States. This knowledge is now yours.

An Outline of a Theory of Civilization


Yukichi Fukuzawa - 1875
    Through his best-selling works, he helped transform an isolated feudal nation into a full-fledged international force.In Outline of a Theory of Civilization, the author's most sustained philosophical text, Fukuzawa translates and adapts a range of Western works for a Japanese audience, establishing the social, cultural, and political avenues through which Japan could connect with other countries. Echoing the ideas of Western contemporaries such as Ralph Waldo Emerson and Walt Whitman, Fukuzawa encouraged a grassroots elevation of the individual and national spirit, as well as free initiative in the private domain. Fukuzawa's bold project articulated thoughts that, for him, bolstered the material evidence of Western civilization. He argued that the essential difference separating Western countries from Japan and Asia was the extent to which citizens acted like free and responsible individuals.This careful new translation, accompanied by a comprehensive critical introduction, highlights the truly transnational aspects of Outline of a Theory of Civilization and its status as a foundational text of modern Japanese civilization. Approaching Fukuzawa's progressive thought with a fresh eye, these scholars elucidate the monumental and peerless quality of his work.

The Malay Dilemma


Mahathir Mohamad - 1970
    First published in 1970, the book seeks to explain the causes for the 13 May 1969 riots in Kuala Lumpur.Dr Mahathir sets out his view as to why the Malays are economically backward and why they feel they must insist upon immigrants becoming real Malaysians speaking in due course nothing but Malay, as do immigrants to America or Australia speak nothing but the language of what the author calls "the definitive people". He argues that the Malays are the rightful owners of Malaya. He also argues that immigrants are guests until properly absorbed, and that they are not properly absorbed until they have abandoned the language and culture of their past.

Blue Eyed Salaryman: From world traveller to lifer at Mitsubishi


Niall Murtagh - 2005
    In 1986 he closed the door on his adventurous life and settled down in Japan, eventually joining Mitsubishi as a Salaryman - a man in a shiny suit with a shiny attache case in a conglomerate with 100,000 employees. And what happens when you give up the Salaryman life? The book follows life after the corporation, giving fresh perspectives on the nature of Japanese business culture and the problems faced by outsiders in Japan.

China's Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies Are Changing the Rules of Business


Edward Tse - 2015
    Since then, millions of investors and managers worldwide have pondered a fundamental question: What's really going on with the new wave of China's disruptors?Alibaba wasn't an outlier--it's one of a rising tide of thriving Chinese companies, mostly but not exclusively in the technology sector. Overnight, its founder, Jack Ma, appeared on the same magazine covers as American entrepreneurial icons like Mark Zuckerberg. Ma was quickly followed by the founders of other previously little-known companies, such as Baidu, Tencent, and Xiaomi.Over the past two decades, an unprecedented burst of entrepreneurialism has transformed China's economy from a closed, impoverished, state-run system into a major power in global business. As products in China become more and more sophisticated, and as its companies embrace domestically developed technology, we will increasingly see Chinese goods setting global standards. Meanwhile, companies in the rest of the world wonder how they can access the fast-rising incomes of China's 1.3 billion consumers.Now Edward Tse, a leading global strategy consultant, reveals how China got to this point, and what the country's rise means for the United States and the rest of the world. Tse has spent more than twenty years working with senior Chinese executives, learning firsthand how China's most powerful companies operate. He's an expert on how private firms are thriving in what is still, officially, a communist country. His book draws on exclusive interviews and case studies to explore questions such as*What drives China's entrepreneurs? Personal fame and fortune--or a quest for national pride and communal achievement?*How do these companies grow so quickly? In 2005, Lenovo sold just one category of products (personal computers) in one market, China. Today, not only is it the world's largest PC seller; it is also the world's third-largest smartphone seller.*How does Chinese culture shape the strategies and tactics of these business leaders? Can outsiders copy what the Chinese are doing?*Can capitalists really thrive within a communist system? How does Tencent's Pony Ma serve as a member of China's parliament while running a company that dominates online games and messaging?*What impact will China have on the rest of the world as its private companies enter new markets, acquire foreign businesses, and threaten established firms in countless industries?As Tse concludes: "I believe that as a consequence of the opening driven by China's entrepreneurs, the push to invest in science, research, and development, and the new freedoms that people are enjoying across the country, China has embarked on a renaissance that could rival its greatest era in history--the Tang dynasty. These entrepreneurs are the front line in China's intense hunger for success. They will have an even more remarkable impact on the global economy in the future, through the rest of this decade and beyond."

Lee Kuan Yew: The Grand Master's Insights on China, the United States, and the World


Graham Allison - 2013
    Lee, the founding father of modern Singapore and its prime minister from 1959 to 1990, has honed his wisdom during more than fifty years on the world stage. Almost single-handedly responsible for transforming Singapore into a Western-style economic success, he offers a unique perspective on the geopolitics of East and West. American presidents from Richard Nixon to Barack Obama have welcomed him to the White House; British prime ministers from Margaret Thatcher to Tony Blair have recognized his wisdom; and business leaders from Rupert Murdoch to Rex Tillerson, CEO of Exxon Mobil, have praised his accomplishments. This book gathers key insights from interviews, speeches, and Lee's voluminous published writings and presents them in an engaging question and answer format.Lee offers his assessment of China's future, asserting, among other things, that "China will want to share this century as co-equals with the U.S." He affirms the United States' position as the world's sole superpower but expresses dismay at the vagaries of its political system. He offers strategic advice for dealing with China and goes on to discuss India's future, Islamic terrorism, economic growth, geopolitics and globalization, and democracy. Lee does not pull his punches, offering his unvarnished opinions on multiculturalism, the welfare state, education, and the free market. This little book belongs on the reading list of every world leader--including the one who takes the oath of office on January 20, 2013.

Red China Blues: My Long March From Mao to Now


Jan Wong - 1996
    A true believer--and one of only two Westerners permitted to enroll at Beijing University--her education included wielding a pneumatic drill at the Number One Machine Tool Factory. In the name of the Revolution, she renounced rock & roll, hauled pig manure in the paddy fields, and turned in a fellow student who sought her help in getting to the United States. She also met and married the only American draft dodger from the Vietnam War to seek asylum in China.Red China Blues is Wong's startling--and ironic--memoir of her rocky six-year romance with Maoism (which crumbled as she became aware of the harsh realities of Chinese communism); her dramatic firsthand account of the devastating Tiananmen Square uprising; and her engaging portrait of the individuals and events she covered as a correspondent in China during the tumultuous era of capitalist reform under Deng Xiaoping. In a frank, captivating, deeply personal narrative she relates the horrors that led to her disillusionment with the "worker's paradise." And through the stories of the people--an unhappy young woman who was sold into marriage, China's most famous dissident, a doctor who lengthens penises--Wong reveals long-hidden dimensions of the world's most populous nation.In setting out to show readers in the Western world what life is like in China, and why we should care, she reacquaints herself with the old friends--and enemies of her radical past, and comes to terms with the legacy of her ancestral homeland.

China and Japan: Facing History


Ezra F. Vogel - 2019
    But today their relationship is strained. China's military buildup deeply worries Japan, while Japan's brutal occupation of China in World War II remains an open wound. In recent years less than ten percent of each population had positive feelings toward the other, and both countries insist that the other side must deal openly with its history before relations can improve.From the sixth century, when the Japanese adopted core elements of Chinese civilization, to the late twentieth century, when China looked to Japan for a path to capitalism, Ezra Vogel's China and Japan examines key turning points in Sino-Japanese history. Throughout much of their past, the two countries maintained deep cultural ties, but China, with its great civilization and resources, had the upper hand. Japan's success in modernizing in the nineteenth century and its victory in the 1895 Sino-Japanese War changed the dynamic, putting Japan in the dominant position. The bitter legacy of World War II has made cooperation difficult, despite efforts to promote trade and, more recently, tourism.Vogel underscores the need for Japan to offer a thorough apology for the war, but he also urges China to recognize Japan as a potential vital partner in the region. He argues that for the sake of a stable world order, these two Asian giants must reset their relationship, starting with their common interests in environmental protection, disaster relief, global economic development, and scientific research.

The River Runs Black: The Environmental Challenge to China's Future


Elizabeth C. Economy - 2004
    Environmental degradation in China has also contributed to significant public health problems, mass migration, economic loss, and social unrest. In The River Runs Black, Elizabeth C. Economy examines China s growing environmental crisis and its implications for the country s future development.Drawing on historical research, case studies, and interviews with officials, scholars, and activists in China, Economy traces the economic and political roots of China s environmental challenge and the evolution of the leadership's response. She argues that China s current approach to environmental protection mirrors the one embraced for economic development: devolving authority to local officials, opening the door to private actors, and inviting participation from the international community, while retaining only weak central control. The result has been a patchwork of environmental protection in which a few wealthy regions with strong leaders and international ties improve their local environments, while most of the country continues to deteriorate, sometimes suffering irrevocable damage. Economy compares China s response with the experience of other societies and sketches out several possible futures for the country."

China's Second Continent: How a Million Migrants Are Building a New Empire in Africa


Howard W. French - 2014
                 A prizewinning foreign correspondent and former New York Times bureau chief in Shanghai and in West and Central Africa, Howard French is uniquely positioned to tell the story of China in Africa. Through meticulous on-the-ground reporting—conducted in Mandarin, French, and Portuguese, among other languages—French crafts a layered investigation of astonishing depth and breadth as he engages not only with policy-shaping moguls and diplomats, but also with the  ordinary men and women navigating the street-level realities of cooperation, prejudice, corruption, and opportunity forged by this seismic geopolitical development. With incisiveness and empathy, French reveals the human face of China’s economic, political, and human presence across the African continent—and in doing so reveals what is at stake for everyone involved.             We meet a broad spectrum of China’s dogged emigrant population, from those singlehandedly reshaping African infrastructure, commerce, and even environment (a self-made tycoon who harnessed Zambia’s now-booming copper trade; a timber entrepreneur determined to harvest the entirety of Liberia’s old-growth redwoods), to those just barely scraping by (a sibling pair running small businesses despite total illiteracy; a karaoke bar owner–cum–brothel madam), still convinced that Africa affords them better opportunities than their homeland. And we encounter an equally panoramic array of African responses: a citizens’ backlash in Senegal against a “Trojan horse” Chinese construction project (a tower complex to be built over a beloved soccer field, which locals thought would lead to overbearing Chinese pressure on their economy); a Zambian political candidate who, having protested China’s intrusiveness during the previous election and lost, now turns accommodating; the ascendant middle class of an industrial boomtown; African mine workers bitterly condemning their foreign employers, citing inadequate safety precautions and wages a fraction of their immigrant counterparts’. French’s nuanced portraits reveal the paradigms forming around this new world order, from the all-too-familiar echoes of colonial ambition—exploitation of resources and labor; cut-rate infrastructure projects; dubious treaties—to new frontiers of cultural and economic exchange, where dichotomies of suspicion and trust, assimilation and isolation, idealism and disillusionment are in dynamic flux.             Part intrepid travelogue, part cultural census, part industrial and political exposé, French’s keenly observed account ultimately offers a fresh perspective on the most pressing unknowns of modern Sino-African relations: why China is making the incursions it is, just how extensive its cultural and economic inroads are, what Africa’s role in the equation is, and just what the ramifications for both parties—and the watching world—will be in the foreseeable future.

The Sushi Economy: Globalization and the Making of a Modern Delicacy


Sasha Issenberg - 2007
    Today, the fatty cuts of tuna known as toro are among the planet’s most coveted luxury foods, worth hundreds of dollars a pound and capable of losing value more quickly than any other product on earth. So how has one of the world’s most popular foods gone from being practically unknown in the U.S. to being served in towns all across America, and in such a short span of time? Sushi aficionados and newcomers alike will be surprised to learn the true history, intricate business, and international allure behind this fascinating food. A riveting combination of culinary biography, behind-the-scenes restaurant detail, and a unique exploration of globalization’s dynamics, journalist Sasha Issenberg traces sushi’s journey from Japanese street snack to global delicacy. THE SUSHI ECONOMY takes you through the stalls of Tokyo’s massive Tsukiji market, where the auctioneers sell millions of dollars of fish each day, and to the birthplace of modern sushi--in Canada. He then follows sushi’s evolution in America, exploring how it became LA’s favorite food. You’re taken behind the sushi bar with the chef Nobu Matsuhisa, whose distinctive travels helped to define the flavors of global sushi cuisine, and with a unique sushi chef blazing a path in Texas. Issenberg also delves into the complex economics of the fish trade, following the ups and downs of the hunt for bluefin off New England, the tuna cowboys on the southern coast of Australia who invented the art of tuna ranching, and uncovering the mysterious underworld of pirates, smugglers, and the tuna black market. Few businesses reveal the complex dynamics of globalization as acutely as the tuna’s journey from the sea to the sushi bar. After traversing the pages of THE SUSHI ECONOMY, you’ll never see the food on your plate — or the world around you — quite the same way again.

What Has Government Done to Our Money?


Murray N. Rothbard - 1963
    Rothbard explains how money was originally developed, and why gold was chosen as the preferred commodity to use as money. The author also explains how the gold standard makes money a commodity, and how market forces create a stable economy. Rothbard shows that many European governments went bankrupt due to World War I and left the gold standard in order to try to solve their financial issues, which was not the right solution. He also argues that this strategy was partially responsible for World War II and led to economic problems throughout the world.

Who Ate My Cheese?: The Road to Freedom


Rowland Rose - 2013
    No reader will remain indifferent, and certainly he will discover himself in one or another of the characters, or will find in them similarities to persons that he knows. There are four protagonists in this story: Two giants, George and Robert, and a pair of enormous pigs, Miles and Torie. They represent the mirror image of a confused and convulsive society that exists out of place among the changes that occur at breakneck speed. This extreme situation in which we now find ourselves is the result of wrongheaded political, social and economic policies, and of letting others control the destiny of our lives. We can behave like any one of them. We can decide to be pigs or giants, to live free or be trapped, to discover ourselves or hide behind the manipulation of the maze.

Elbow Room: A Tale of Tenacity on Kodiak Island, Alaska


D.D. Fisher - 2011
    From humorous fishing excursions and frightening bear encounters to snow blinding blizzards and quirky characters, they come face to face with the unpredictable Mother Nature and learn the value of friendship, survival, and solitude in a picturesque but harsh life by the sea. Packed with adventures, challenges, and true Alaskan lifestyle.

Frank Wood's Business Accounting, Volume 2


Frank Wood - 1993
    Now in its eleventh edition, it has become the standard introductory text for accounting students and professionals alike. The book is used on a wide variety of courses in accounting and business, both at secondary and tertiary level and for those studying for professional qualifications. It builds on Business Accounting 1 to cover advanced aspects of financial accounting. It also covers introductory aspects of management accounting suitable for use at all levels up to and including professional foundation level courses and first-year degree courses.