Book picks similar to
The World Economy: A Millennial Perspective by Angus Maddison
history
economics
economic-history
economy
Banker to the Poor: Micro-Lending and the Battle Against World Poverty
Muhammad Yunus - 1991
His dream is the total eradication of poverty from the world. In 1983, against the advice of banking and government officials, Yunus established Grameen, a bank devoted to providing the poorest of Bangladesh with minuscule loans. Grameen Bank, based on the belief that credit is a basic human right, not the privilege of a fortunate few, now provides over 2.5 billion dollars of micro-loans to more than two million families in rural Bangladesh. Ninety-four percent of Yunus's clients are women, and repayment rates are near 100 percent. Around the world, micro-lending programs inspired by Grameen are blossoming, with more than three hundred programs established in the United States alone. Banker to the Poor is Muhammad Yunus's memoir of how he decided to change his life in order to help the world's poor. In it he traces the intellectual and spiritual journey that led him to fundamentally rethink the economic relationship between rich and poor, and the challenges he and his colleagues faced in founding Grameen. He also provides wise, hopeful guidance for anyone who would like to join him in "putting homelessness and destitution in a museum so that one day our children will visit it and ask how we could have allowed such a terrible thing to go on for so long." The definitive history of micro-credit direct from the man that conceived of it, Banker to the Poor is necessary and inspirational reading for anyone interested in economics, public policy, philanthropy, social history, and business. Muhammad Yunus was born in Bangladesh and earned his Ph.D. in economics in the United States at Vanderbilt University, where he was deeply influenced by the civil rights movement. He still lives in Bangladesh, and travels widely around the world on behalf of Grameen Bank and the concept of micro-credit.
The Marshall Plan: Dawn of the Cold War
Benn Steil - 2018
Marshall set out with a plan to reconstruct Western Europe as a bulwark against communist authoritarianism. Their massive, costly, and ambitious undertaking would confront Europeans and Americans alike with a vision at odds with their history and self-conceptions. In the process, they would drive the creation of NATO, the European Union, and a Western identity that continues to shape world events.Focusing on the critical years 1947 to 1949, Benn Steil’s thrilling account brings to life the seminal episodes marking the collapse of postwar US-Soviet relations—the Prague coup, the Berlin blockade, and the division of Germany. In each case, we see and understand like never before Stalin’s determination to crush the Marshall Plan and undermine American power in Europe.Given the current echoes of the Cold War, as Putin’s Russia rattles the world order, the tenuous balance of power and uncertain global order of the late 1940s is as relevant as ever. The Marshall Plan provides thorough context into understanding today’s international landscape. Bringing to bear fascinating new material from American, Russian, German, and other European archives, Steil’s account will forever change how we see the birth of the Cold War and the Marshall Plan. A polished and masterly work of historical narrative, this is an instant classic of Cold War literature.
Dr. Strangelove's Game: A Brief History of Economic Genius
Paul Strathern - 2001
Strangelove’s Game will do for economics what Sophie’s World did for philosophy and E=mc2 for physics.With the infectious enthusiasm of a great teacher and a novelist’s eye for a colourful parade of often bizarre and idiosyncratic figures, Paul Strathern gives us a vivid account of the world of economics through the lives and minds of those who contributed to the growth of economic thought from the Middle Ages to the present.The familiar and iconic names – Adam Smith, Karl Marx and John Maynard Keynes – turn out to be fascinating characters, as do a host of lesser-known figures – from Luca Pacioli, a medieval monk who used a ball game to stimulate thought about probability theory (and gambling) to John von Neumann, the manic genius who invented game theory, worked on the atomic bomb, and was probably the model for Kubrick’s Dr. Strangelove. There are pessimistic priests, visionary socialists, crackpot academics, and an alleged murderer who controlled France’s finances.Paul Strathern sets their lives and thoughts against the dramatic backdrop of great events – the South Sea Bubble, the French Revolution, the Russian Revolution and the Great Crash. His lightly worn erudition makes Dr. Strangelove’s Game amazingly accessible, leaving readers enriched and enlightened.From the Hardcover edition.
The Vision of the Anointed: Self-Congratulation as a Basis for Social Policy
Thomas Sowell - 1995
Thomas Sowell sees what has happened not as a series of isolated mistakes but as a logical consequence of a vision whose defects have led to disasters in education, crime, family disintegration, and other social pathology. In this book, "politically correct" theory is repeatedly confronted with facts -- and sharp contradictions between the two are explained in terms of a whole set of self-congratulatory assumptions held by political and intellectual elites. These elites -- the anointed -- often consider themselves "thinking people," but much of what they call thinking turns out, on examination, to be rhetorical assertion, followed by evasions of mounting evidence against those assertions.
New Ideas from Dead Economists: An Introduction to Modern Economic Thought
Todd G. Buchholz - 1989
Featuring brand new sections on the remarkable shifts in the world economy, this economic study is a relevant, entertaining, and fascinating guide for those seeking both a solid lesson on the development of economic theory throughout the past two hundred years and a balanced perspective of our current economic state on the brink of the millennium.By applying age-old economic theories to contemporary issues, Todd Buchholz helps readers to see how the thoughts and writings of the great economists of the past have vital relevance to the dilemmas affecting all our lives today.
Milton Friedman
Eamonn Butler - 1985
Friedman was an intellectual inspiration of Margaret Thatcher, Ronald Reagan and former Fed Chairman Alan Greenspan, making him one of the main intellectual influences in late 20th century politics. This new book will place Friedman in the context of the politics and economics of today.
The Human Condition
Hannah Arendt - 1958
In her study of the state of modern humanity, Hannah Arendt considers humankind from the perspective of the actions of which it is capable. The problems Arendt identified then--diminishing human agency and political freedom; the paradox that as human powers increase through technological and humanistic inquiry, we are less equipped to control the consequences of our actions—continue to confront us today.
The Age of Revolution, 1789-1848
Eric J. Hobsbawm - 1962
Part of Eric Hobsbawm's epic four-volume history of the modern world, along with The Age of Capitalism, The Age of Empire, and The Age of Extremes.
The Idealist: Jeffrey Sachs and the Quest to End Poverty
Nina Munk - 2013
Jeffrey Sachs—celebrated economist, special advisor to the Secretary General of the United Nations, and author of the influential bestseller The End of Poverty—disagrees. In his view, poverty is a problem that can be solved. With single-minded determination he has attempted to put into practice his theories about ending extreme poverty, to prove that the world's most destitute people can be lifted onto "the ladder of development." In 2006, Sachs launched the Millennium Villages Project, a daring five-year experiment designed to test his theories in Africa. The first Millennium village was in Sauri, a remote cluster of farming communities in western Kenya. The initial results were encouraging. With his first taste of success, and backed by one hundred twenty million dollars from George Soros and other likeminded donors, Sachs rolled out a dozen model villages in ten sub-Saharan countries. Once his approach was validated it would be scaled up across the entire continent. At least that was the idea. For the past six years, Nina Munk has reported deeply on the Millennium Villages Project, accompanying Sachs on his official trips to Africa and listening in on conversations with heads-of-state, humanitarian organizations, rival economists, and development experts. She has immersed herself in the lives of people in two Millennium villages: Ruhiira, in southwest Uganda, and Dertu, in the arid borderland between Kenya and Somalia. Accepting the hospitality of camel herders and small-hold farmers, and witnessing their struggle to survive, Munk came to understand the real-life issues that challenge Sachs's formula for ending global poverty. The Idealist is the profound and moving story of what happens when the abstract theories of a brilliant, driven man meet the reality of human life.
The Globalization Paradox: Democracy and the Future of the World Economy
Dani Rodrik - 2010
The economic narratives that underpinned these eras—the gold standard, the Bretton Woods regime, the "Washington Consensus"—brought great success and great failure. In this eloquent challenge to the reigning wisdom on globalization, Dani Rodrik offers a new narrative, one that embraces an ineluctable tension: we cannot simultaneously pursue democracy, national self-determination, and economic globalization. When the social arrangements of democracies inevitably clash with the international demands of globalization, national priorities should take precedence. Combining history with insight, humor with good-natured critique, Rodrik's case for a customizable globalization supported by a light frame of international rules shows the way to a balanced prosperity as we confront today's global challenges in trade, finance, and labor markets.
Lost Enlightenment: Central Asia's Golden Age from the Arab Conquest to Tamerlane
S. Frederick Starr - 2013
Frederick Starr tells the fascinating but largely unknown story of Central Asia's medieval enlightenment through the eventful lives and astonishing accomplishments of its greatest minds--remarkable figures who built a bridge to the modern world. Because nearly all of these figures wrote in Arabic, they were long assumed to have been Arabs. In fact, they were from Central Asia--drawn from the Persianate and Turkic peoples of a region that today extends from Kazakhstan southward through Afghanistan, and from the easternmost province of Iran through Xinjiang, China.Lost Enlightenment recounts how, between the years 800 and 1200, Central Asia led the world in trade and economic development, the size and sophistication of its cities, the refinement of its arts, and, above all, in the advancement of knowledge in many fields. Central Asians achieved signal breakthroughs in astronomy, mathematics, geology, medicine, chemistry, music, social science, philosophy, and theology, among other subjects. They gave algebra its name, calculated the earth's diameter with unprecedented precision, wrote the books that later defined European medicine, and penned some of the world's greatest poetry. One scholar, working in Afghanistan, even predicted the existence of North and South America--five centuries before Columbus. Rarely in history has a more impressive group of polymaths appeared at one place and time. No wonder that their writings influenced European culture from the time of St. Thomas Aquinas down to the scientific revolution, and had a similarly deep impact in India and much of Asia.Lost Enlightenment chronicles this forgotten age of achievement, seeks to explain its rise, and explores the competing theories about the cause of its eventual demise. Informed by the latest scholarship yet written in a lively and accessible style, this is a book that will surprise general readers and specialists alike.
Not My Turn to Die: Memoirs of a Broken Childhood in Bosnia
Savo Heleta - 2008
At the age of just thirteen, Savo's life was turned upside down as war broke out. When Bosnian Serbs attacked the city, Savo and his family became objects of suspicion overnight. Through the next two years, they endured treatment that no human being should ever be subjected to. Their lives were threatened, they were shot at, terrorized, put in a detention camp, starved, and eventually stripped of everything they owned. But after two long years, Savo and his family managed to escape. And then the real transformation took place.From his childhood before the war to his internment and eventual freedom, we follow Savo's emotional journey from a young teenager seeking retribution to a peace-seeking diplomat seeking healing and reconciliation. As the war unfolds, we meet the incredible people who helped shape Savo's life, from his brave younger sister Sanja to Meho, the family friend who would become the family's ultimate betrayer. Through it all, we begin to understand this young man's arduous struggle to forgive the very people he could no longer trust. At once powerful and elegiac, Not My Turn to Die offers a unique look at a conflict that continues to fascinate and enlighten us.
The Dutch Republic: Its Rise, Greatness, and Fall 1477–1806
Jonathan I. Israel - 1995
Because it is so thoroughly researched and up-to-date, it is also the kind of indispensable handbook that deserves a place on every early modernist's bookshelf.— American Historical Review
North Korea Confidential: Private Markets, Fashion Trends, Prison Camps, Dissenters and Defectors
Daniel Tudor - 2015
The country's 24 million people live under a violent dictatorship led by a single family, which relentlessly pursues the development of nuclear arms, which periodically incites risky military clashes with the larger, richer, liberal South, and which forces each and every person to play a role in the "theater state" even as it pays little more than lip service to the wellbeing of the overwhelming majority. With this profoundly anachronistic system eventually failed in the 1990s, it triggered a famine that decimated the countryside and obliterated the lives of many hundreds of thousands of people. However, it also changed the lives of those who survived forever. A lawless form of marketization came to replace the iron rice bowl of work in state companies, and the Orwellian mind control of the Korean Workers' Party was replaced for many by dreams of trade and profit. A new North Korea Society was born from the horrors of the era—one that is more susceptible to outside information than ever before with the advent of k-pop and video-carrying USB sticks. This is the North Korean society that is described in this book. In seven fascinating chapters, the authors explore what life is actually like in modern North Korea today for the ordinary "man and woman on the street." They interview experts and tap a broad variety of sources to bring a startling new insider's view of North Korean society—from members of Pyongyang's ruling families to defectors from different periods and regions, to diplomats and NGOs with years of experience in the country, to cross-border traders from neighboring China, and textual accounts appearing in English, Korean and Chinese sources. The resulting stories reveal the horror as well as the innovation and humor which abound in this fascinating country.
Jump-Starting America: How Breakthrough Science Can Revive Economic Growth and the American Dream
Jonathan Gruber - 2019
The American economy glitters on the outside, but the reality is quite different. Job opportunities and economic growth are increasingly concentrated in a few crowded coastal enclaves. Corporations and investors are disproportionately developing technologies that benefit the wealthiest Americans in the most prosperous areas -- and destroying middle class jobs elsewhere. To turn this tide, we must look to a brilliant and all-but-forgotten American success story and embark on a plan that will create the industries of the future -- and the jobs that go with them. Beginning in 1940, massive public investment generated breakthroughs in science and technology that first helped win WWII and then created the most successful economy the world has ever seen. Private enterprise then built on these breakthroughs to create new industries -- such as radar, jet engines, digital computers, mobile telecommunications, life-saving medicines, and the internet-- that became the catalyst for broader economic growth that generated millions of good jobs. We lifted almost all boats, not just the yachts. Jonathan Gruber and Simon Johnson tell the story of this first American growth engine and provide the blueprint for a second. It's a visionary, pragmatic, sure-to-be controversial plan that will lead to job growth and a new American economy in places now left behind.