Far from being a sensational reading of the runes, this book delves deep into the past, to chart how old investor trends developed and assess how new patterns might emerge. Change is the thread. As Faber points out, the world is experiencing a transformation as great as Europe s late-15th Century golden age of discovery and the Industrial Revolution of the19th Century events that altered the commercial face of the Earth forever.And from this dramatic landscape a world in which economic, social and political conditions are morphing at an alarming rate Faber identifies investment opportunities.Asia s three-billion-strong population will have a profound effect on the world, writes Faber, cautioning that today s richest cities and clusters of wealth are unlikely to retain their exalted positions in the future.

    With a few words, the Fed can lift the stock market out of desperation and catapult it towards euphoric highs. With a few keystrokes, the Fed can conjure up trillions of dollars and fund virtually unlimited Federal spending. And with a few poor decisions, the Fed can plunge the entire world into a recession. The Federal Reserve is one of the most powerful institutions in the world, and also one of the most difficult to understand.The Fed acts through its Open Markets Desk, which sits at the heart of the global financial system as the world's ultimate and limitless provider of dollars. On behalf of policy makers, the Desk gathers market intelligence from all the major market participants, sifts through reams of internal data, and works behind the scenes keep the financial system intact. It is responsible for all of the Fed's market operations, from trillions in quantitative easing to hundreds of billions in repo and FX-swap loans. The financial crises of 2008 and 2020 abated only through the emergency interventions of the Desk.Joseph Wang spent five years studying the monetary system as a trader on the Desk. From that vantage point, Joseph saw firsthand how the Fed operates and how the financial system really works. This book is a distillation of his experience that aims to educate and demystify. After reading this book, you will understand how money is created, how the global dollar system is structured, and how it all fits into the broader financial system.The views in this book do not necessarily reflect those of the Federal Reserve Bank of New York or the Federal Reserve System.

    . . a most valuable contribution." — Douglas R. Hofstadter, author of Gödel, Escher, BachThe foundations of game theory were laid by John von Neumann, who in 1928 proved the basic minimax theorem, and with the 1944 publication of the Theory of Games and Economic Behavior, the field was established. Since then, game theory has become an enormously important discipline because of its novel mathematical properties and its many applications to social, economic, and political problems.Game theory has been used to make investment decisions, pick jurors, commit tanks to battle, allocate business expenses equitably — even to measure a senator's power, among many other uses. In this revised edition of his highly regarded work, Morton Davis begins with an overview of game theory, then discusses the two-person zero-sum game with equilibrium points; the general, two-person zero-sum game; utility theory; the two-person, non-zero-sum game; and the n-person game.A number of problems are posed at the start of each chapter and readers are given a chance to solve them before moving on. (Unlike most mathematical problems, many problems in game theory are easily understood by the lay reader.) At the end of the chapter, where solutions are discussed, readers can compare their "common sense" solutions with those of the author. Brimming with applications to an enormous variety of everyday situations, this book offers readers a fascinating, accessible introduction to one of the most fruitful and interesting intellectual systems of our time.

    He has also been friends with some of the most successful people in business history, including Warren Buffett, Bill Gates, Jack Welch, Rupert Murdoch, and Peter Drucker. Now this elder statesman reveals how great enterprises get into trouble. Even the smartest executives can fall into the trap of believing in their own infallibility. When that happens, more bad decisions are sure to follow. This light-hearted “how-not-to” book includes anecdotes from Keough’s long career as well as other infamous failures. His commandments for failure include: Quit Taking Risks; Be Inflexible; Assume Infallibility; Put All Your Faith in Experts; Send Mixed Messages; and Be Afraid of the Future. As he writes, “After a lifetime in business I’ve never been able to develop a step-by-step formula that will guarantee success. What I could do, however, was talk about how to lose. I guarantee that anyone who follows my formula will be a highly successful loser.”

    Learn about such heavyweight theories as Gresham's Law, Hume's Fork, The Social Contract, The Paradox of Value, Pascal's Wager, the meaning of Deconstruction, Dialectical Materialism, and other mind-bogglers of philosophy, science, mathematics, and the human sciences. Tom Lulevitch's delightfully irreverent cartoons add a humorous dimension that doesn't trivialize. In fact, the images help you remember formerly daunting ideas. Theory of Relativity? Piece of cake! (That's in the book too.)

    It's for Mother Earth! It's for the children! It's for the whales! But until now, the doomsday-scenario environmental scares they've trumped up haven't been large enough to justify the lifestyle restrictions they want to impose. With global warming, however, greenhouse gasbags can argue that auto emissions in Ohio threaten people in Paris, and that only "global governance" (Jacques Chirac's words) can tackle such problems. Now, in The Politically Incorrect Guide(tm) to Global Warming and Environmentalism, Christopher C. Horner tears the cover off the Left's manipulation of environmental issues for political purposes--and lays out incontrovertible evidence for the fact that catastrophic man-made global warming is just more Chicken-Little hysteria, not actual science. He explains why, although Al Gore and his cronies among the media elites and UN globalists endlessly bleat that "global warming" is an unprecedented global crisis, they really think of it as a dream come true. It's the ideal scare campaign for those who hate capitalism and love big government. For, as Horner explains, if global warming really were as bad as the Leftist doomsayers insist it is, then no policy imaginable could "solve" it. According to the logic of the greens' own numbers, no matter how much we sacrifice there would still be more to do. That makes global warming the bottomless well of excuses for the relentless growth of big government. Horner (an attorney and senior fellow at the Competitive Enterprise Institute) reveals the full anti-American, anti-capitalist, and anti-human agenda of today's environmentalists, dubbing them "green on the outside, red to the core." He details how they use strong-arm legal tactics--and worse--against those who dare to point out the weakness of their arguments for global warming. Along the way, he explodes ten top global warming myths, carefully examining the evidence to determine how much warming there really is and what is actually causing it. He exposes the lies that the environmental lobby routinely tells to make its case; the ways in which it is trying to impose initiatives such as the Kyoto Protocol on an unwilling American public; and much more--including the green lobby's favorite politicians (John Kerry, John McCain, Joe Lieberman, and others). It's time to stand up to the environmentalist industry and insist: human beings are not the enemy. In breezy, light-hearted, and always entertaining fashion, The Politically Incorrect Guide(tm) to Global Warming and Environmentalism gives you the facts you need to do so.

    In this book, he gives riders of all abilities an insider's guide to getting fitter, faster, and on to the champion's platform. With photographs and illustrated exercises, The Ultimate Ride helps build a strong foundation for incremental leaps in fitness, times, and techniques. Nutritional advice, goal-setting methods, and mental exercises complement the physical training tips, to make this the only cycling fitness book an enthusiast will ever need.

    Upon joining the training camp of superlightweight Billy Costello, Thomas Hauser was given unprecedented access to the fighter, his manager, and trainer as well as to the real heavyweights of the boxing world, promoter Don King, and World Boxing Council president Jose Sulaiman. The result, according to Playboy in their review of the original, is a book that "explains why fighters fight, what they go through to win, and how they feel when they lose. It is a great book." In this gracefully written, fast-paced narrative, the author slips quietly into the background and gives us a firsthand look at a business that is often cruel and exploitative and a sport that is at once violent and beautiful. As the San Francisco Chronicle points out, The Black Lights provides ammunition for both sides in the debate over boxing: "Hauser has written what is clearly the most complete and fairminded work on the subject to date." In an age when the controversy surrounding the evils and merits of boxing still rages, this classic account is more timely than ever.

    Fortunately, Jon McGee is an ideal guide through this dynamic marketplace. In Breakpoint, he argues that higher education is in the midst of an extraordinary moment of demographic, economic, and cultural transition that has significant implications for how colleges understand their mission, their market, and their management. Drawing from an extensive assessment of demographic and economic trends, McGee presents a broad and integrative picture of these changes while stressing the importance of decisive campus leadership. He describes the key forces that influence higher education and provides a framework from which trustees, presidents, administrators, faculty, and policy makers can address pressing issues in the aftermath of the Great Recession.Although McGee avoids endorsing one-size-fits-all solutions, he suggests a number of concrete strategies for handling prospective students and developing pedagogical practices, curricular content and delivery, and management structures. Practical and compelling, Breakpoint will help higher education leaders make choices that advance their institutional values and serve their students and the common good for generations to come.

    Yet in spite of these great challenges, Brueggemann calls us to journey together to the common good through neighborliness, covenanting, and reconstruction. Such a concept may seem overwhelming, but writing with his usual theological acumen and social awareness Brueggemann distills this challenge to its most basic issues: where is the church going? What is its role in contemporary society? What lessons does it have to offer a world enmeshed in such turbulent times? The answer is the same answer God gave to the Israelites thousands of years ago: love your neighbor and work for the common good. Brueggemann considers biblical texts as examples of the journey now required of the faithful if they wish to move from isolation and distrust to a practice of neighborliness, as an invitation to a radical choice for life or for death, and as a reliable script for overcoming contemporary problems of loss and restoration in a failed urban economy.

    It offers a succession of incisive pen-portraits of outstanding leaders and decisive events and spans the nineteenth and twenty-first centuries. It draws on material from many national collections and several major languages and is the most up-to-date account produced since the 1960s. Ranging across not only the high politics and ideology of the most prominent communist regimes but also daily life under communism, culture and propaganda, Service analyses communism's appeal abroad as well as local attempts to set up communist administrations. He ends by showing that there was more to communism than mere brutality and demonstrates that while communism in its primordial form is now dead in most countries, the causes of its ability to gather support among intellectuals and ordinary people have not vanished: economic poverty and political oppression. And the lasting message of the book is that something must be done to eradicate poverty and oppression if the world is to avoid a repetition of totalitarianism in some new form. It is a highly readable, compellingly argued and an exciting work of history, if not always a comforting one.

    Becoming an expert on the apartment syndication terminology2. Setting a specific, quantifiable goal and creating a long-term, motivating vision3. Building a powerful brand that attracts passive investors4. Evaluating and selecting the real estate market that will be the launching point for your apartment empire5. Surrounding yourself with an all-star real estate team6. Tapping into your existing network to find passive investors7. Creating a lead generation machine that pumps out qualified off-market apartment deals8. Selecting the ideal business plan to maximize returns to passive investors9. Learning the science behind evaluating, qualifying and submitting offers on apartment deals10. Preparing and presenting an apartment offering to your passive investors and securing financial commitments11. Impressing your investors by effectively implementing the business plan and exceeding their return expectations

    Employing one out of twelve people in the world and producing $6.5 trillion of the world’s economy, it is the main source of income for many countries. Elizabeth Becker describes the dimensions of this industry and its huge effect on the world economy, the environment, and our culture. Tourism, fast becoming the largest global business, employs one out of twelve persons and produces $6.5 trillion of the world’s economy. In a groundbreaking book, Elizabeth Becker uncovers how what was once a hobby has become a colossal enterprise with profound impact on countries, the environment, and cultural heritage. This invisible industry exploded at the end of the Cold War. In 2012 the number of tourists traveling the world reached one billion. Now everything can be packaged as a tour: with the high cost of medical care in the U.S., Americans are booking a vacation and an operation in countries like Turkey for a fraction of the cost at home. Becker travels the world to take the measure of the business: France invented the travel business and is still its leader; Venice is expiring of over-tourism. In Cambodia, tourists crawl over the temples of Angkor, jeopardizing precious cultural sites. Costa Rica rejected raising cattle for American fast-food restaurants to protect their wilderness for the more lucrative field of eco-tourism. Dubai has transformed a patch of desert in the Arabian Gulf into a mammoth shopping mall. Africa’s safaris are thriving, even as its wildlife is threatened by foreign poachers. Large cruise ships are spoiling the oceans and ruining city ports as their American-based companies reap handsome profits through tax loopholes. China, the giant, is at last inviting tourists and sending its own out in droves. The United States, which invented some of the best of tourism, has lost its edge due to political battles. Becker reveals travel as product. Seeing the tourism industry from the inside out, through her eyes and ears, we experience a dizzying range of travel options though very few quiet getaways. Her investigation is a first examination of one of the largest and potentially most destructive enterprises in the world.

    In chapters dedicated to food, religion, consumerism, education, and the environment, Dreher shows how to live in a way that preserves what Kirk called “the permanent things,” among them faith, family, community, and a legacy of ancient truths. This, says Dreher, is the kind of roots conservatism that more and more Americans want to practice. And in Crunchy Cons, he lets them know how far they are from being alone.

    We need to depart a kingdom that creates isolation, polarized debate, an exhausted planet, and violence that comes with the will to empire. The abbreviation of this empire is called a consumer culture. We think the free market ideology that surrounds us is true and inevitable and represents progress. We are called to better adapt, be more agile, more lean, more schooled, more, more, more. Give it up. There is no such thing as customer satisfaction. We need a new narrative, a shift in our thinking and speaking. An Other Kingdom takes us out of a culture of addictive consumption into a place where life is ours to create together.  This satisfying way depends upon a neighborly covenant—an agreement that we together, will better raise our children, be healthy, be connected, be safe, and provide a livelihood. The neighborly covenant has a different language than market-hype. It speaks instead in a sacred tongue. Authors Peter Block, Walter Brueggemann, and John McKnight invite you on a journey of departure from our consumer market culture, with its constellations of empire and control. Discover an alternative set of beliefs that have the capacity to evoke a culture where poverty, violence, and shrinking well-being are not inevitable—a culture in which the social order produces enough for all. They ask you to consider this other kingdom. To participate in this modern exodus towards a modern community. To awaken its beginnings are all around us. An Other Kingdom outlines this journey to construct a future outside the systems world of solutions.