Thomas Piketty’s Capital in the Twenty-First Century makes a powerful case that wealth, and accumulated wealth, tends to stay where it lands: and with the passage of time, just gets bigger…and bigger.But how many of us who bought or borrowed the book–or even, perhaps, reviewed it–have read more than a fraction of its 696 pages? How many more shuddered at the thought of committing $40 to such a venture? And how many of Piketty’s groundshaking concepts have gone unappreciated, all for want of intellectual stamina?Deliverance is at hand in the form of Pocket Piketty, written in clear and accessible prose by an experienced economist and teacher–and one whose work was relied on by Piketty for his masterpiece. In this handy and slim volume, Jesper Roine explains all things Piketty.

    The story of the next thirty years will not be a repeat of the last thirty." One of the most respected voices on Wall Street, Meredith Whitney shot to global prominence in 2007 when her warnings of a looming crisis in the financial sector proved all too prescient. Now, in her first book, she expands upon her biggest call since the financial crisis. Whitney points out that it wasn't just consum-ers who binged on debt for the past twenty years but state and local governments too. She explains how the fiscal sins of the past are beginning to transform the U.S. economy along regional lines. And she shows how we are moving into a new era in which wealth, power, and opportunity flow away from the coasts and toward the central corridor. The housing boom was initially great for states such as California, Nevada, and Florida. State and municipal coffers overflowed, unemployment shrank, and local governments spent their tax revenue windfalls on pay hikes and pension increases for their public employees. But when the boom dried up in those parts of the country, so too did the tax revenues, forcing tax rate hikes and cuts to essential public services—especially education and infrastructure. In contrast to those doom and gloom head-lines, a much different trend was developing in interior states such as North Dakota, Indiana, and Texas. They survived the housing crisis relatively unscathed, avoiding mass foreclosures and bud-getary chaos. As a result they've had the money to retrain workers and offer tax incentives to companies willing to relocate. Coupled with the recent booms in natural gas and oil extraction and a resurgence in manufacturing, these states are poised to become the new powerhouses of the American economy. Whitney offers a sobering vision of the next few decades, with the coastal states continuing to struggle while the central corridor contin-ues to thrive. She explores the consequences of roughly half the country stuck in a vicious cycle of decline while the other half enjoys a virtuous circle of growth. Whitney also offers practical ideas to help the struggling parts of the country—before the fate of the states becomes irreversible.

    Perhaps you thought of grocery stores or something sexy like internet retailing, but chances are you didn’t think of banking. Yet, most likely you interact with a bank every time you’re paid and when you pay your bills. Banks facilitate the flow of money through the economy and even if you don’t interact with a bank daily, the businesses you deal with on a daily basis do. For all the interaction people have with banks, few understand how they work or why they work. Even fewer understand why they should consider including bank stocks in their investment portfolio. There are a lot of misconceptions about banks, including understanding what they are and what they do. For many people the word “bank” evokes images of receiving a toaster upon opening an account, or thoughts of security related to the storing of precious items in a safety deposit box. Others might go further and tap their inner Michael Moore and talk about how banks are greedy and evil. It’s our belief that banks aren’t just places to store idle savings (on which you receive virtually nothing in interest) or to cash checks, but that they should be an integral part of an investor’s portfolio. The goal of this book is to provide you with a foundation and framework with which you can both begin to understand banks, but also learn the basic tools used to analyze banks as investments.

    In its name, wages have been frozen, benefits have been slashed and public spending squeezed. The pain of a financial crisis caused by bankers and speculators has been borne by ordinary people all over the country – and by the poor and disabled most of all.

    From his humble beginnings as a RSS pracharak to his rise in the Hindutva ranks, and from being Bharatiya Janata Partys master planner to one of the its most popular and controversial state chief ministers, Modis mantra of change and development is gradually finding many takers. Though he evokes vastly different reactions among the citizens for his alleged role during the Godhra aftermath, what is absolutely clear is that he indeed is racing towards the centre stage, making the 2014 General Elections look more like a Presidential system where, you either vote for him or against him. And that, as they say, is the Modi effect. Kingshuk Nag paints the most vivid portrait of the extraordinary politician who is poised to take on a new role in the coming years.

    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.

    

    Red Notice by Bill Browder | A 15-minute Summary & Analysis PLEASE NOTE: This is an unofficial summary and analysis of the book and NOT the original book. Inside this Instaread Summary & Analysis of Red Notice Summary of entire book Introduction to the Important People in the book Key Takeaways and Analysis of Key Takeaways Analysis of the Themes and Author’s Style

    A disconcerting read, but indispensable.'-ASHLEY J. TELLISIndia's relations with the People's Republic of China have captured the popular imagination ever since the 1950s but have rarely merited a detailed understanding of the issues. Individual episodes tend to arouse lively debate, which often dissipates without a deeper exploration of the factors that shaped the outcomes. This book explores the dynamics of negotiation between the two countries, from the early years after Independence until the current times, through the prism of six historical and recent events in the India-China relationship. The purpose is to identify the strategy, tactics and tools that China employs in its diplomatic negotiations with India, and the learnings for India from its past dealings with China that may prove helpful in future negotiations with the country.

    In a political memoir, the author recalls how he made the journey from 1970s liberal to 1990s conservative.

    One a charismatic populist, the other a shrewd introvert. Taken together a mesmerizing duo: heroes to some, villains to others, champions of the underdog yet imperious of manner; allies in youth, foes in midlife, now ageing veterans. For a quarter of a century, the two by turns dictated the destiny of Bihar. What do Laloo and Nitish mean to Bihar? Here, for the first time, an omnibus edition of Sankarshan Thakur’s widely acclaimed biographies of the men Subaltern Saheb and Single Man. From one of India’s finest journalists, this revised, updated and collected volume is essential reading to understand Bihar. In the lives of the two giants lies the arresting story of one of India’s largest and most challenging states.

    It was an unlikely friendship. She is a middle class, middle-aged white woman who writes for the right-wing press and a right of centre think tank. Gangs like Tuggy Tug's are responsible for the majority of crime in our inner cities. During the riots of August 2011, they were the young men setting our streets ablaze.Over the next three years she got more and more involved with the boys. All the issues she had read about - single mothers, absent fathers, lack of education and social mobility, the criminal justice system - suddenly took on new meaning as she encountered not just Tuggy Tug and his gang but their relatives and friends. She enters their world and sees institutions through their eyes. It is a revelation.She describes a dramatic three years. By the end of the book Tuggy Tug was found guilty of committing over a hundred street robberies. He and two other gang members are in prison, one is in mental hospital and one appears to be a successful criminal. In a remarkable, often funny and moving book, Harriet Sergeant describes how the friendship changed her and investigates the forces that turn potentially decent young men into misfits and criminals. As Britain faces the first anniversary of the riots, this book should be required reading for us all.

    New York Times bestselling author Roger Stone lashes out with a blistering indictment, exposing the true history and monumental hypocrisy of the Bushes. In Stone’s usual “go for the jugular” style, this is a no-holds-barred history of the Bush family, comprised of smug, entitled autocrats who both use and hide behind their famous name. They got a long-overdue taste of defeat and public humiliation when Jeb’s 2016 presidential bid went down in flames.Besides detailing the vast litany of Jeb’s misdeeds — including receiving a $4 million taxpayer bailout when his father was vice president as well as his startlingly-close alignment with supposed “enemy” Hillary Clinton — Stone travels back to Bush patriarchs Samuel and Prescott, right on through to presidents George H. W. and George W. Bush to weave an epic story of privilege, greed, corruption, drug profiteering, assassination, and lies. A new preface to this paperback edition features explosive information, including the family’s Machiavellian plan to propel Jeb’s son George Prescott Bush forward as the family’s next political contender.The Bush Crime Family will have readers asking, “Why aren’t these people in prison?”

    Yet they should be asking what the global economy will look like in the years to come—where will the long-term risks and opportunities arise? These are the questions that Daniel Altman confronts in his provocative and indispensable book.The fate of the global economy, Altman argues, will be determined by deeper factors than those that move markets from moment to moment. His incisive analysis brings together hidden trends, societal pressures, and policy endgames to make twelve surprising but logical predictions about the years ahead. And his forecasts for the future raise a pressing question for today: With so many challenges awaiting us, are our political and economic institutions up to the task?Outrageous Fortunes tells which industries will grow, which economies will crumble, which investments will pay off, and where the next big crisis may occur. Altman's carefully reasoned text is an essential guide for the road ahead.

    While it is watched and admired around the world, it is often hated at home for bringing out the worst in our politicians. However, despite the best attempts of successive party leaders to try and move away from ‘Punch and Judy politics’, PMQs are here to stay. It sets the agenda, indicates who’s up and who's down and, most importantly, defines Prime Ministers and Leaders of the Opposition. Ayesha Hazarika and Tom Hamilton spent every Wednesday morning for five years preparing Ed Miliband for combat ahead of PMQs, with varying degrees of success. They know what it’s like to prepare a leader for the most stressful, unforgiving moment of the political week and they have lived through the drama, tension and black humour that goes with being in the room. They have seen the highs when a leader wins at the Dispatch Box as well as – perhaps more often – the lows when they take a beating. This book lifts the lid on PMQs, reveals the tricks of the trade from leading politicians and the people who prepared them, and takes you behind the scenes of some of the biggest PMQs moments. Part history, part inside account, this book is an entertaining and honest guide to one of the most loved, feared and loathed features of British politics by two people who know just how tough it can be.