Book picks similar to
Capitalism vs. Socialism: Comparing Economic Systems by Edward F. Stuart
economics
history
non-fiction
great-courses
Twilight of the Elites: America After Meritocracy
Christopher L. Hayes - 2012
In the wake of the Fail Decade, Americans have historically low levels of trust in their institutions; the social contract between ordinary citizens and elites lies in tatters.How did we get here? With Twilight of the Elites, Christopher Hayes offers a radically novel answer. Since the 1960s, as the meritocracy elevated a more diverse group of men and women into power, they learned to embrace the accelerating inequality that had placed them near the very top. Their ascension heightened social distance and spawned a new American elite--one more prone to failure and corruption than any that came before it.Mixing deft political analysis, timely social commentary, and deep historical understanding, Twilight of the Elites describes how the society we have come to inhabit – utterly forgiving at the top and relentlessly punitive at the bottom – produces leaders who are out of touch with the people they have been trusted to govern. Hayes argues that the public's failure to trust the federal government, corporate America, and the media has led to a crisis of authority that threatens to engulf not just our politics but our day-to-day lives.Upending well-worn ideological and partisan categories, Hayes entirely reorients our perspective on our times. Twilight of the Elites is the defining work of social criticism for the post-bailout age.
Peoples and Cultures of the World
Edward Fischer - 2004
Fischer surveys anthropology, the study of human societies and comparative customs with a special emphasis on pre-capitalist societies and the things which pre-capitalist societies and modern societies have in common.
The Forgotten Man: A New History of the Great Depression
Amity Shlaes - 2007
She shows how both Presidents Hoover and Roosevelt failed to understand the prosperity of the 1920s and heaped massive burdens on the country that more than offset the benefit of New Deal programs.
Fool's Gold
Gillian Tett - 2009
Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bonded team of bankers known on Wall Street as the "Morgan Mafia," as well as in-depth interviews with dozens of other key players, including Treasury Secretary Timothy Geithner, Tett brings to life in gripping detail how the Morgan team's bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control.The deeply reported and lively narrative takes readers behind the scenes, to the inner sanctums of elite finance and to the secretive reaches of what came to be known as the "shadow banking" world. The story begins with the intense Morgan brainstorming session in 1994 beside a pool in Boca Raton, where the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from ages-old constraints of risk.But when the Morgan team's derivatives dream collided with the housing boom, and was perverted -- through hubris, delusion, and sheer greed -- by titans of banking that included Citigroup, UBS, Deutsche Bank, and the thundering herd at Merrill Lynch -- even as J.P. Morgan itself stayed well away from the risky concoctions others were peddling -- catastrophe followed. Tett's access to Dimon and the J.P. Morgan leaders who so skillfully steered their bank away from the wild excesses of others sheds invaluable light not only on the untold story of how they engineered their bank's escape from carnage but also on how possible it was for the larger banking world, regulators, and rating agencies to have spotted, and heeded, the terrible risks of a meltdown.A tale of blistering brilliance and willfully blind ambition, "Fool's Gold" is both a rare journey deep inside the arcane and wildly competitive world of high finance and a vital contribution to understanding how the worst economic crisis since the Great Depression was perpetrated.
How We Learn
Monisha Pasupathi - 2013
It starts in your mother's womb, accelerates to high speed in infancy and childhood, and continues through every age, whether you're actively engaged in mastering a new skill, intuitively discovering an unfamiliar place, or just sleeping, which is fundamental to helping you consolidate and hold on to what you've learned. You are truly born to learn around the clock.But few of us know how we learn, which is the key to learning and studying more effectively. For example, you may be surprised by the following:People tend to misjudge what they have learned well, what they don't yet know, and what they do and do not need to practice.Moments of confusion, frustration, uncertainty, and lack of confidence are part of the process of acquiring new skills and new knowledge.Humans and animals explore their worlds for the sake of learning, regardless of rewards and punishment connected with success.You can teach an old dog new tricks. In fact, older learners have the benefit of prior knowledge and critical skills—two advantages in learning.Shedding light on what's going on when we learn and dispelling common myths about the subject, How We Learn introduces you to this practical and accessible science in 24 half-hour lectures presented by Professor Monisha Pasupathi of the University of Utah, an award-winning psychology teacher and expert on how people of all ages learn.
Capitalism Without Capital: The Rise of the Intangible Economy
Jonathan Haskel - 2017
For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, from tech firms and pharma companies to coffee shops and gyms, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success.But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the big economic changes of the last decade. The rise of intangible investment is, Jonathan Haskel and Stian Westlake argue, an underappreciated cause of phenomena from economic inequality to stagnating productivity.Haskel and Westlake bring together a decade of research on how to measure intangible investment and its impact on national accounts, showing the amount different countries invest in intangibles, how this has changed over time, and the latest thinking on how to assess this. They explore the unusual economic characteristics of intangible investment, and discuss how these features make an intangible-rich economy fundamentally different from one based on tangibles.Capitalism without Capital concludes by presenting three possible scenarios for what the future of an intangible world might be like, and by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.
A Splendid Exchange: How Trade Shaped the World from Prehistory to Today
William J. Bernstein - 2008
A sweeping narrative history of world trade-from Sumer in 3000 BC to the firestorm over globalization today-that brilliantly explores trade's colorful and contentious past and provides fresh insights into social, political, cultural, and economic history, as well as a timely assessment of trade's future.
The Socialist Manifesto: The Case for Radical Politics in an Era of Extreme Inequality
Bhaskar Sunkara - 2019
With the stunning popularity of Bernie Sanders and Alexandria Ocasio-Cortez, Americans are embracing the class politics of socialism. But what, exactly, is socialism? And what would a socialist system in America look like? The editor of Jacobin magazine, Sunkara shows that socialism, though often seen primarily as an economic system, in fact offers the means to fight all forms of oppression, including racism and sexism. The ultimate goal is not Soviet-style planning, but to win rights to healthcare, education, and housing, and to create new democratic institutions in workplaces and communities. A primer on socialism for the 21st century, this is a book for anyone seeking an end to the vast inequities of our age.
The Wal-Mart Effect: How the World's Most Powerful Company Really Works - and How It's Transforming the American Economy
Charles Fishman - 2006
But no book until this one has managed to penetrate its wall of silence or go beyond the usual polemics to analyze its actual effects on its customers, workers, and suppliers. Drawing on unprecedented interviews with former Wal-Mart executives and a wealth of staggering data (e.g., Americans spend $36 million an hour at Wal-Mart stores, and in 2004 its growth alone was bigger than the total revenue of 469 of the Fortune 500), The Wal-Mart Effect is an intimate look at a business that is dramatically reshaping our lives.
Behavioral Economics When Psychology and Economics Collide
Scott A. Huettel - 2013
Using methods from psychology, sociology, neurology, and economics, behavioral economics sheds light one of the most fundamental activities of human life:the decision process. In 24 insightful lectures, you'll learn how behavioral economists look at decision making and explore a set of key principles that offer deep insight into how we evaluate information and integrate different factors to make decisions. Most important, using real-life illustrations and case studies, each lecture offers practical tools, so that you can understand the patterns of decision making, the purposes they serve, and how to use your knowledge to make better and more satisfying decisions. In grasping the underlying factors in decision making, you'll explore key topics such as decisions regarding probability, time-related decisions, managing risk, high-stakes medical decisions, and group decision making. Professor Huettel illustrates each concept with meaningful examples, analogies, and case studies, relating the material directly to the decisions all of us make as a central part of living. This unique course gives you essential knowledge and insights for one of life's most important skills. Disclaimer: Please note that this recording may include references to supplemental texts or print references that are not essential to the program and not supplied with your purchase.©2014 The Great Courses (P)2014 The Teaching Company, LLC
Forward: Notes on the Future of Our Democracy
Andrew Yang - 2021
Now, in Forward, Yang reveals that UBI and the threat of job automation are only the beginning, diagnosing how a series of cascading problems within our antiquated systems keeps us stuck in the past—imperiling our democracy at every level. With America’s stagnant institutions failing to keep pace with technological change, we grow more polarized as tech platforms supplant our will while feasting on our data. Yang introduces us to the various “priests of the decline” of America, including politicians whose incentives have become divorced from the people they supposedly serve. The machinery of American democracy is failing, Yang argues, and we need bold new ideas to rewire it for twenty-first-century problems. Inspired by his experience running for office and as an entrepreneur, and by ideas drawn from leading thinkers, Yang offers a series of solutions, including data rights, ranked-choice voting, and fact-based governance empowered by modern technology, writing that “there is no cavalry”—it’s up to us. This is a powerful and urgent warning that we must step back from the brink and plot a new way forward for our democracy.
African Experience: From "Lucy" to Mandela
Kenneth P. Vickery - 2006
Finding the "Lost Continent" 2. Africa's Many Natural Environments 3. A Virtual Tour of the Great Land 4. The Cradle of Humankind 5. Crops, Cattle, Iron-Taming a Continent 6. Kinship and Community-Societies Take Shape 7. Like Nothing Else-The Ancient Nile Valley 8. Soul and Spirit-Religion in Africa 9. Ethiopia-Outpost of Christianity 10. West Africa's "Golden Age" 11. The Swahili Commercial World 12. Great Zimbabwe and the Cities of the South 13. The Atlantic Slave Trade-The Scope 14. The Atlantic Slave Trade-The Impact 15. South Africa-The Dutch Cape Colony 16. South Africa-The Zulu Kingdom 17. South Africa-The Frontier and Unification 18. South Africa-Diamonds and Gold 19. Prelude to the "Scramble for Africa" 20. European Conquest and African Resistance 21. Colonial Africa-New Realities 22. Colonial Africa-Comparisons and Change 23. The Lion Awakens-The Rise of Nationalism 24. The Peaceful Paths to Independence 25. The Congo-Promise and Pain 26. Segregation to Apartheid in South Africa 27. The Armed Struggles for Independence 28. The First Taste of Freedom 29. The Taste Turns Sour 30. The World Turns Down-The "Permanent Crisis" 31. A New Dawn? The Democratic Revival 32. The South African Miracle 33. The Unthinkable-The Rwanda Genocide 34. The New Plague-HIV/AIDS in Africa 35. Zimbabwe-Background to Contemporary Crisis 36. Africa Found
Native Peoples of North America
Daniel M. Cobb - 2016
You learn the points of view your teachers provide, the perspectives that books offer, and the conclusions you draw yourself based on the facts you were given. Hearing different angles on historical events gives you a more insightful, more accurate, and more rewarding understanding of events – especially when a new viewpoint challenges the story you thought you knew.
The Psychology of Performance: How to Be Your Best in Life
Eddie O'Connor - 2017
Practice. Practice.”Today, the relatively new science of performance psychology tells us that the old answer is incomplete at best. In The Psychology of Performance: How to Be Your Best in Life, clinical sport psychologist Eddie O’Connor, Ph.D., shares the best ways for you to reach your personal Carnegie Hall based on the latest scientific research—whether your performance environment is music, dance, business, or sport. These often surprising research results will make you rethink your own performance strategies, offering approaches you might never have considered and busting myths you might have taken as truth.In The Psychology of Performance, you will learn how to tackle some of the greatest challenges that arise as you work towards your goals. The very first step is to clearly define those goals and your values, discovering how to shape your practice and performance as you go. Even with your path clearly defined, however, there are difficulties you will need to tackle along the way.One of the most common roadblocks to success is performance anxiety, which you can learn to overcome through imagery techniques and other tools. A crucial thing to remember as you “get in the zone”—that psychological place where everything comes together and feels easy—is to remember to be compassionate to yourself when you don’t succeed right away. Pushing ahead and struggling will always be a part of accomplishing your goals; Dr. O’Connor teaches not only how to succeed, but how to deal with the negative parts of your journey as well, including how to identify and prevent burnout.The relatively new field of performance psychology is helping performers around the world up their mental, emotional, and physical games in sport, dance, art, and business. With The Psychology of Performance, you, too, can aim for the top with scientifically proven theories and skills.
I.O.U.: Why Everyone Owes Everyone and No One Can Pay
John Lanchester - 2009
I.O.U. is the story of how we came to experience such a complete and devastating financial implosion, and how the decisions and actions of a select group of individuals had profound consequences for America, Europe, and the global economy overall. John Lanchester begins with "The ATM Moment," that seemingly magical proliferation of cheap credit that led to an explosion of lending, and then deftly outlines the global and local landscapes of banking and finance. Viewing the crisis through the lens of politics, culture, and contemporary history -- from the invention and widespread misuse of financial instruments to the culpability of subprime mortgages -- Lanchester draws perceptive conclusions on the limitations of financial and governmental regulation, capitalism's deepest flaw, and, most important, on the plain and simple facts of human nature where cash is concerned.Weaving together firsthand research and superbly written reportage, Lanchester delivers a shrewd perspective and a digestible, comprehensive analysis that connects the dots for the expert and casual reader alike. I.O.U. is an eye-opener of a book -- it may well provoke anger, amazement, or rueful disbelief -- and, as the author clearly reveals, we've only just begun to get ourselves back on track.