The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today. It's a tale that features professors who made and lost fortunes, battled fiercely over ideas, beat the house in blackjack, wrote bestselling books, and played major roles on the world stage. It's also a tale of Wall Street's evolution, the power of the market to generate wealth and wreak havoc, and free market capitalism's war with itself.The efficient market hypothesis--long part of academic folklore but codified in the 1960s at the University of Chicago--has evolved into a powerful myth. It has been the maker and loser of fortunes, the driver of trillions of dollars, the inspiration for index funds and vast new derivatives markets, and the guidepost for thousands of careers. The theory holds that the market is always right, and that the decisions of millions of rational investors, all acting on information to outsmart one another, always provide the best judge of a stock's value. That myth is crumbling.Celebrated journalist and columnist Fox introduces a new wave of economists and scholars who no longer teach that investors are rational or that the markets are always right. Many of them now agree with Yale professor Robert Shiller that the efficient markets theory "represents one of the most remarkable errors in the history of economic thought." Today the theory has given way to counterintuitive hypotheses about human behavior, psychological models of decision making, and the irrationality of the markets. Investors overreact, underreact, and make irrational decisions based on imperfect data. In his landmark treatment of the history of the world's markets, Fox uncovers the new ideas that may come to drive the market in the century ahead.

    Environmental degradation is causing the rampant spread of famine and disease, and a rising number of nations are being torn by violent wars of fierce tribalism and trenchant regionalism. Our newest democracies, such as Russia and Venezuela, are bloody maelstroms of violence and crime, while America is beset with an alarmingly high number of apathetic citizens content to concern themselves with matters of entertainment and convenience. Bold, erudite, and profoundly important, The Coming Anarchy is a compelling must-read by one of today's most penetrating writers and provocative minds."Analytically daring.... Informed by a rock-solid, unwavering realism and an utter absence of sentimentality.... Kaplan is a knowledgeable and forceful polemicist who mixes the attributes of journalist and visionary." —The New York Times"Ambitiously eclectic.... [Kaplan] is one of America's most engaging writers on contemporary international affairs." —The New York Times Book Review

    

    Refugee waves. An unfixable global economy. Surprising election results. New billion-dollar fortunes. Miracle medical advances. What if they were all connected? What if you could understand why? The Seventh Sense is the story of what all of today's successful figures see and feel: the forces that are invisible to most of us but explain everything from explosive technological change to uneasy political ripples. The secret to power now is understanding our new age of networks. Not merely the Internet, but also webs of trade, finance, and even DNA. Based on his years of advising generals, CEOs, and politicians, Ramo takes us into the opaque heart of our world's rapidly connected systems and teaches us what the losers are not yet seeing -- and what the victors of this age already know.

    Books I - III of The Wealth of Nations examine the 'division of labour' as the key to economic growth, by ensuring the interdependence of individuals within society. They also cover the origins of money and the importance of wages, profit, rent and stocks; but the real sophistication of his analysis derives from the fact that it encompasses a combination of ethics, philosophy and history to create a vast panorama of society.This edition contains an analytical introduction offering an in-depth discussion of Smith as an economist and social scientist, as well as a preface, further reading and explanatory notes.

    What they had in common was their aftermath -- each required compensation for lives lost, bodies maimed, livelihoods wrecked, economies and ecosystems upended. In each instance, an objective third party had to step up and dole out allocated funds: in each instance, Presidents, Attorneys General, and other public officials have asked Kenneth R. Feinberg to get the job done. In Who Gets What?, Feinberg reveals the deep thought that must go into each decision, not to mention the most important question that arises after a tragedy: why compensate at all? The result is a remarkably accessible discussion of the practical and philosophical problems of using money as a way to address wrongs and reflect individual worth.

    In "Crunch" he answers these as well as dozens of others he has fielded from working Americans by email, on blogs, and at events where he speaks. Chances are if there's a stumper you've always wanted to ask an economist, it's solved in this book.

    The name of the remote New Hampshire town where representatives of forty-four nations gathered in July 1944, in the midst of the century's second great war, has become shorthand for enlightened globalization. The actual story surrounding the historic Bretton Woods accords, however, is full of startling drama, intrigue, and rivalry, which are vividly brought to life in Benn Steil's epic account.Upending the conventional wisdom that Bretton Woods was the product of an amiable Anglo-American collaboration, Steil shows that it was in reality part of a much more ambitious geopolitical agenda hatched within President Franklin D. Roosevelt's Treasury and aimed at eliminating Britain as an economic and political rival. At the heart of the drama were the antipodal characters of John Maynard Keynes, the renowned and revolutionary British economist, and Harry Dexter White, the dogged, self-made American technocrat. Bringing to bear new and striking archival evidence, Steil offers the most compelling portrait yet of the complex and controversial figure of White--the architect of the dollar's privileged place in the Bretton Woods monetary system, who also, very privately, admired Soviet economic planning and engaged in clandestine communications with Soviet intelligence officials and agents over many years.A remarkably deft work of storytelling that reveals how the blueprint for the postwar economic order was actually drawn, The Battle of Bretton Woods is destined to become a classic of economic and political history.

    Writing for a wide audience, David Harvey, author of The New Imperialism and The Condition of Postmodernity, here tells the political-economic story of where neoliberalization came from and how it proliferated on the world stage. Through critical engagement with this history, he constructs a framework, not only for analyzing the political and economic dangers that now surround us, but also for assessing the prospects for the more socially just alternatives being advocated by many oppositional movements.

    Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse. Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a "New York Times Magazine" writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants explain how the world's economy can get out of the mess we're in, and stay out. In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, "Crisis Economics" proves calamities to be not only predictable but also preventable and, with the right medicine, curable."

    With clarity, perspective, and cumulative impact, Professor Quigley examines the nature of that transition through two world wars and a worldwide economic depression. As an interpretative historian, he tries to show each event in the full complexity of its historical context. The result is a unique work, notable in several ways. It gives a picture of the world in terms of the influence of different cultures and outlooks upon each other; it shows, more completely than in any similar work, the influence of science and technology on human life; and it explains, with unprecedented clarity, how the intricate financial and commercial patterns of the West prior to 1914 influenced the development of today's world.

    Why do well-intentioned plans for improving the human condition go tragically awry?In this wide-ranging and original book, James C. Scott analyzes failed cases of large-scale authoritarian plans in a variety of fields. Centrally managed social plans misfire, Scott argues, when they impose schematic visions that do violence to complex interdependencies that are not—and cannot—be fully understood. Further, the success of designs for social organization depends upon the recognition that local, practical knowledge is as important as formal, epistemic knowledge. The author builds a persuasive case against "development theory" and imperialistic state planning that disregards the values, desires, and objections of its subjects. He identifies and discusses four conditions common to all planning disasters: administrative ordering of nature and society by the state; a "high-modernist ideology" that places confidence in the ability of science to improve every aspect of human life; a willingness to use authoritarian state power to effect large- scale interventions; and a prostrate civil society that cannot effectively resist such plans.

    Karen Dawisha's brilliant Putin's Kleptocracy provides an answer, describing how Putin got to power, the cabal he brought with him, the billions they have looted, and his plan to restore the Greater Russia.Russian scholar Dawisha describes and exposes the origins of Putin's kleptocratic regime. She presents extensive new evidence about the Putin circle's use of public positions for personal gain even before Putin became president in 2000. She documents the establishment of Bank Rossiya, now sanctioned by the US; the rise of the Ozero cooperative, founded by Putin and others who are now subject to visa bans and asset freezes; the links between Putin, Petromed, and Putin's Palace near Sochi; and the role of security officials from Putin's KGB days in Leningrad and Dresden, many of whom have maintained their contacts with Russian organized crime.Putin's Kleptocracy is the result of years of research into the KGB and the various Russian crime syndicates. Dawisha's sources include Stasi archives; Russian insiders; investigative journalists in the US, Britain, Germany, Finland, France, and Italy; and Western officials who served in Moscow. Russian journalists wrote part of this story when the Russian media was still free. Many of them died for this story, and their work has largely been scrubbed from the Internet, and even from Russian libraries, Dawisha says. But some of that work remains.

    Frigate Colony – American built, British-manned – alert, seaworthy and ready. This is the true story of Lieutenant-Commander Nicholas Monsarrat’s taking over the command of a Frigate in World War II. Written in his usual crisp and gripping way, it tells the story with full recognition of the men who served with him. Also detailed is an agreeable interlude in the United States between handing over the first frigate, H.M.S. River, to the Canadian Navy and collecting ‘Colony’, which was fitted out with at least some all-American comforts, and up to date telegraphy and weaponry. The Author: Nicholas Monsarrat was born in Liverpool, the son of a distinguished surgeon. He was educated at Winchester and then at Trinity College, Cambridge where he studied law. However, his subsequent career as a solicitor encountered a swift end when he decided to leave Liverpool for London, with a half-finished manuscript under his arm and £40 in his pocket. The first of his books to attract attention was the largely autobiographical ‘This is the Schoolroom’. It is a largely autobiographical 'coming of age' novel dealing with the end of college life, the 'Hungry Thirties', and the Spanish Civil War. During World War Two he joined the Royal Navy and served in corvettes. His war experience provided the framework for the novel ‘HMS Marlborough will enter Harbour’, and one of his best known books. ‘The Cruel Sea’ was made into a classic film starring Jack Hawkins. After the war he became a director of the UK Information Service, first in Johannesburg, then in Ottawa. Established as a sought after writer who was also highly regarded by critics, Monsarrat’s career eventually concluded with his epic ‘The Master Mariner’, a novel on seafaring life from Napoleonic times to the present. Well known for his concise story telling and tense narrative, he became one of the most successful novelists of the twentieth century, whose rich and varied collection bears the hallmarks of a truly gifted master of his craft. ‘A professional who gives us our money’s worth. The entertainment value is high’- Daily Telegraph

    It's a carefully plotted path that eventually led them to the White House. But along the way, a series of compromises had to be made, including a prearranged marriage, clandestine assignments for the CIA, and Hillary's ultimate role as a "fixer" for her husband's many dalliances. Pulling no punches, investigative journalist Victor Thorn paints a compelling portrait of secrecy, deceit, violence, and betrayal that shatters the myth Mrs. Clinton has spent so many years trying to create. This three-book series is the most comprehensive examination of the Clinton marriage ever compiled, with HILLARY (AND BILL): THE SEX VOLUME laying a riveting foundation for the next two books which follow: part two - HILLARY (AND BILL): THE DRUGS VOLUME, and then part three - HILLARY (AND BILL): THE MURDER VOLUME. Get all the lurid details of how Hillary Clinton harassed and intimidated Juanita Broaddrick after her husband violently raped her, as well as the lengths to which she went to terrorize other women who were victimized by Bill Clinton. - Extensive quotes from a plethora of public figures chronicling the Clinton Lie Machine. - Who was Bill Clinton's real father? Discover the startling facts concerning the death of William Blythe and why an overwhelming amount of evidence indicates that he could not have been the President s biological father. - Learn about Hillary's collegiate career and how it shaped her later views on feminism, globalism, and how to infiltrate the System from within. - What one culminating event not only brought Hillary Rodham to the attention of Washington, DC s power-brokers, but also made her a darling of the mainstream media. - Touching upon the work of Michael Collins Piper and other investigators, find out how during their academic careers Bill and Hillary were recruited into the CIA under Operation CHAOS to subvert the anti-war movement. - Although largely ignored by the corporate press, read how Hillary's family was associated with organized crime figures in the Chicago area, while Bill Clinton's relatives were integral members of the notorious Dixie Mafia. - For the first time anywhere: was Bill and Hillary's much ballyhooed first meeting at Yale actually part of a much larger prearranged marriage engineered by shadowy New World Order figures whose ultimate plans led them to the White House? - Despite being labeled radicals, volume one of this trilogy documents how Bill and Hillary were trained at three of the most prestigious globalist universities in the world: Georgetown, Oxford, and Yale; while simultaneously being groomed by such figures as Professor Carroll Quigley. - Did Hillary Rodham further her intelligence career by infiltrating underground groups such as the Black Panthers, and was she also used in this same context to leak highly sensitive information during Richard Nixon's infamous Watergate hearings? - Why did Bill Clinton travel to Russia and across Europe during the early 1970s (at the height of the Cold War), and what powerful forces from Arkansas and Washington, DC used their leverage to keep him from being drafted into the Vietnam War? - How has Hillary's marriage-made-in-hell become akin to a prison sentence one from which she has no escape due to the severe consequences she would face in doing so? - Also, Bill and Hillary's sordid sex lives, including: - Rape - Gennifer Flowers darkest secrets - A black love child - The real reason why Bill Clinton lost his case to Paula Jones &l