Book picks similar to
Foundations of Economic Prosperity by Daniel W. Drezner
economics
history
non-fiction
the-great-courses
A History of Russia: From Peter the Great to Gorbachev
Mark D. Steinberg - 2003
It’s difficult to imagine a nation whose history is more compelling for Americans than that of Russia.Before the collapse of the Soviet Union, this was the nation against which we measured our own nation’s values and power and with whom war, if it ever came, could spell unimaginable catastrophe for our planet.Yet many Americans have never had the opportunity to study Russia in any kind of depth and to see how the forces of history came together so ironically to shape a future so very different from the dreams of most ordinary Russian people, eager to see their nation embrace Western values of progress, human rights, and justice.
Zombie Economics: How Dead Ideas Still Walk Among Us
John Quiggin - 2010
The recent financial crisis laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many--members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In "Zombie Economics," John Quiggin explains how these dead ideas still walk among us--and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future."Zombie Economics" takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs--that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off--brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, "Zombie Economics" also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough--either to kill dead ideas, or prevent future crises.
Easy Money: Evolution of Money from Robinson Crusoe to the First World War
Vivek Kaul - 2013
Books on the current financial crisis which started in late 2008 are a tad like that. Until now they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong. That bigger picture of the ongoing financial crisis has now started to evolve. Easy Money captures this big picture. The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have now started to unravel, bringing the whole world on the brink of a financial disaster. The book also explains how the lessons of the financial crisis have still not been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.
God and Mankind: Comparative Religions
Robert A. Oden - 1991
God and Mankind: Comparative Religions by Professor Robert Oden is an ideal starting point for gaining some progress in considering these questions. And if you've been thinking about them for a while, as so many do, you will likely discover he has many fresh insights to offer you.Professor Oden, who holds degrees in Near Eastern Languages and Civilizations, and Theology, has taught at Harvard University and Dartmouth College over a long and exceptionally distinguished career as both teacher and college president.His lectures approach religious belief and ritual as possible answers to these most difficult and enduring questions, which have occupied humanity from the beginning.An Ideal Starting Point for InquiryThe lectures underscore both the unity and the diversity of religious approaches to life in a sweeping conceptual grasp.Professor Oden begins with a discussion of the nature and study of religion, distinguishing between religion as both a matter of faith and as an appropriate subject of intellectual and academic pursuit.In addition to discussing the four traditional views of religion, Professor Oden proposes another: a system of communication.This serves as a crucial conceptual framework for exploring the thoughts of Mircea Eliade, a historian of religion, philosopher, and professor at the University of Chicago, who proposed that the best way to understand religions is to examine their views of how the world came into being and how it operates on a daily basis.How Do We Reconcile Suffering and a Benevolent Deity?Professor Oden continues with an investigation of the problem of reconciling an all-powerful and benevolent deity with the suffering and evil that are part of human existence.You will also look at the dynamics of religious communities in general and the impact of the Puritan religious tradition on America.The introductory lecture lays out a framework for the study of religion, beginning with the "what" and "why" of the matter, and moving to how religions have been compared with history, science, psychology, and society.You learn that for religions such as Hinduism and Buddhism that see the world as old, salvation comes by escaping from the endless cycle of birth and rebirth. But Judaism and Christianity, however, see the world as relatively new, and the goal is to gain more chances at life, either collectively or individually.Professor Oden addresses the centrality of myth in making sense of religious cosmologies, and he places special emphasis on the birth narratives of religious heroes, particularly the unusual circumstances surrounding their conception and birth.Religious Heroes and Teachersin developing a framework for an extensive discussion of the ancient Sumerian myth, the Epic of Gilgamesh and its cosmological implications.You explore the notion of the anthropologist Arnold van Gennep, later expanded by the American anthropologist Victor Turner, that the rite of passage theme must be understood as central for religious cosmologies in general.As with Gilgamesh, this lecture looks at the stories of Moses, Jesus, Krishna, and Gautama the Buddha, unearthing in each a key point that aptly reflects the cosmology of the religion in question.Professor Oden goes into a systematic analysis of the "theodicy" problem, which is: How can an all-powerful and benevolent deity allow innocent people to suffer while often success and happiness seem to come to those who are evil? All world religions have attempted to deal with this dilemma—and five answers have been produced.The discussion of theodicy continues by examining the most famous example in the Western religious tradition—the book of Job—and two of the main sources of Christian thinking on the topic, the Apostle Paul and the 16th-century Swiss theologian, John Calvin.By way of comparison, Professor Oden also discusses the Hindu and Buddhist responses to the theodicy question, including the Hindu doctrines of karmic law and transmigration of souls, and the Buddhist teaching that life is suffering, with the only release an acceptance of the impermanence of the universe and everything in it.Ritual, Sect, and ChurchIn examining ritual, Professor Oden places special emphasis on its nature, importance, and ramifications for the religious community, and then describes the dynamics of the development of two types of religious communities: sect and church.Professor Oden moves from the comparative sociology of religion to what might be termed the religious nature of a particular society: the United States. Drawing on the work of the Harvard scholar Sacvan Bercovitch, the lecture addresses the American identity with reference to its Puritan origins.Taking the theme of America and Americans being "God's elect" and the parallels between America and ancient Israel, Professor Oden proposes an American civil religion whose themes include:The "chosen" history of AmericaA strong notion of covenant, with America's fate emblematic of the world'sThe idea that, in America, the ultimate sovereignty is not the people's, but God's.In conclusion, Professor Oden discusses four aspects of today's American identity that seem to have come directly from the Puritan tradition:An anti-intellectual bias toward individualism rather than collective experience and theoryA bias against ritualThe strongest fundamentalist tradition in the advanced industrialized worldA uniquely American anxiety over vocational and occupational calling that is not found elsewhere in the world.8 lectures | 43 minutes each1 Why Nothing Is as Intriguing as the Study of Religion2 Orienting Humanity—Religions as Spiritual Compasses3 Religious Heroes 1—Gilgamesh and the Dawn of History4 Religious Heroes 2—Moses and Jesus5 Pondering Divine Justice—Do We Suffer for Naught?6 Defending Divine Justice—Religious Accounts of Suffering7 Religious Rituals and Communities8 Bringing It All Back Home
The History of the Supreme Court
Peter Irons - 2003
supreme court history
The Law
Frédéric Bastiat - 1849
More specifically, the problem of law that itself violates law is an insurmountable conundrum of all statist philosophies. The problem has never been discussed so profoundly and passionately as in this essay by Frederic Bastiat from 1850. The essay might have been written today. It applies in ever way to our own time, which is precisely why so many people credit this one essay for showing them the light of liberty. Bastiat's essay here is timeless because applies whenever and wherever the state assumes unto itself different rules and different laws from that by which it expects other people to live. And so we have this legendary essay, written in a white heat against the leaders of 19th century France, the reading of which has shocked millions out of their toleration of despotism. This new edition from the Mises Institute revives a glorious translation that has been out of print for a hundred years, one that circulated in Britain in the generation that followed Bastiat's death. This newly available translation provides new insight into Bastiat's argument. It is a more sophisticated, more substantial, and more precise rendering than any in print. The question that Bastiat deals with: how to tell when a law is unjust or when the law maker has become a source of law breaking? When the law becomes a means of plunder it has lost its character of genuine law. When the law enforcer is permitted to do with others' lives and property what would be illegal if the citizens did them, the law becomes perverted. Bastiat doesn't avoid the difficult issues, such as why should we think that a democratic mandate can convert injustice to justice. He deals directly with the issue of the expanse of legislation: It is not true that the mission of the law is to regulate our consciences, our ideas, our will, our education, our sentiments, our sentiments, our exchanges, our gifts, our enjoyments. Its mission is to prevent the rights of one from interfering with those of another, in any one of these things. Law, because it has force for its necessary sanction, can only have the domain of force, which is justice. More from Bastiat's The Law: Socialism, like the old policy from which it emanates, confounds Government and society. And so, every time we object to a thing being done by Government, it concludes that we object to its being done at all. We disapprove of education by the State - then we are against education altogether. We object to a State religion - then we would have no religion at all. We object to an equality which is brought about by the State then we are against equality, etc., etc. They might as well accuse us of wishing men not to eat, because we object to the cultivation of corn by the State. How is it that the strange idea of making the law produce what it does not contain - prosperity, in a positive sense, wealth, science, religion - should ever have gained ground in the political world? The modern politicians, particularly those of the Socialist school, found their different theories upon one common hypothesis; and surely a more strange, a more presumptuous notion, could never have entered a human brain. They divide mankind into two parts. Men in general, except one, form the first; the politician himself forms the second, which is by far the most important. Whether you buy one or one hundred, you can look forward to one of the most penetrating and powerful essays written in the history of political economy.
Comparative Religion
Charles Kimball - 2008
A series of 24 lectures comprising a course on comparative religion presented by Charles Kimball, director of the Religious Studies Program at the University of Oklahoma.
How the Other Half Banks: Exclusion, Exploitation, and the Threat to Democracy
Mehrsa Baradaran - 2015
Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities all thanks to deregulation that began in the 1970s and continues decades later.In an age of corporate megabanks with trillions of dollars in assets, it is easy to forget that America s banking system was originally created as a public service. Banks have always relied on credit from the federal government, provided on favorable terms so that they could issue low-interest loans. But as banks grew in size and political influence, they shed their social contract with the American people, demanding to be treated as a private industry free from any public-serving responsibility. They abandoned less profitable, low-income customers in favor of wealthier clients and high-yield investments. Fringe lenders stepped in to fill the void. This two-tier banking system has become even more unequal since the 2008 financial crisis.Baradaran proposes a solution: reenlisting the U.S. Post Office in its historic function of providing bank services. The post office played an important but largely forgotten role in the creation of American democracy, and it could be deployed again to level the field of financial opportunity."
The Money Formula: Dodgy Finance, Pseudo Science, and How Mathematicians Took Over the Markets
Paul Wilmott - 2017
Written not from a post-crisis perspective – but from a preventative point of view – this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy. You'll learn how the deadly allure of their ice-cold beauty has misled generations of economists and investors, and how continued reliance on these formulas can either assist future economic development, or send the global economy into the financial equivalent of a cardiac arrest. Rather than rehash tales of post-crisis fallout, this book focuses on preventing the next one. By exploring the heart of the shadow economy, you'll be better prepared to ride the rough waves of finance into the turbulent future. Delve into one of the world's least-understood but highest-impact industries Understand the key principles of quantitative finance and the evolution of the field Learn what quantitative finance has become, and how it affects us all Discover how the industry's next steps dictate the economy's future How do you create a quadrillion dollars out of nothing, blow it away and leave a hole so large that even years of "quantitative easing" can't fill it – and then go back to doing the same thing? Even amidst global recovery, the financial system still has the potential to seize up at any moment. The Money Formula explores the how and why of financial disaster, what must happen to prevent the next one.
The Rise of Rome
Gregory S. Aldrete - 2018
Between roughly 500 BCE to the turn of the millennium, a modest city-state developed an innovative system of government and expanded into far-flung territories across Europe, Northern Africa, and the Middle East. This powerful civilization inspired America's founding fathers, gifted us a blueprint for amazing engineering innovations, left a vital trove of myths, and has inspired the human imagination for 2,000 years.How did Rome become so powerful? This mystery has vexed historians from the ancient Greek writer Polybius to 21st century scholars. Today, removed as we are from the Roman Republic, historians also wonder what it was like to be a Roman citizen in that amazing era. Beyond the familiar names of Romulus, Caesar, Octavian, Brutus, and Mark Antony, what was life like for the ordinary people? And what did the conquered peoples think of this world power?
Keynes Hayek: The Clash that Defined Modern Economics
Nicholas Wapshott - 2011
John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision.From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.
Machiavelli Mindset: How To Conquer Your Enemies, Achieve Audacious Goals & Live Without Limits From The Prince (Psychological Warfare, The Prince, Mindset)
R. Shaw - 2016
Here's A Preview Of What Machiavelli Mindset Contains... An Introduction to Machiavelli Seeing the World through Machiavelli’s Eyes Getting Over The Guilt Moving Above And Beyond Conventional Thinking Machiavelli's Thoughts On Generosity Compassion Vs. Cruelty (Is It Better To Be Loved Or Feared?) What Machiavelli Says About Honesty How To Achieve Success The Machiavellian Way The Qualities Of A Great Leader How to Avoid Attracting Hatred and Other Lessons from the Prince And Much, Much More!
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China: The Bubble That Never Pops
Thomas Orlik - 2020
An urban landscape littered with ghost towns of empty property. Industrial zones stalked by zombie firms. Trade tariffs blocking the path to global markets.And yet, against the odds and against expectations, growth continues, wealth rises, international influence expands. The coming collapse of China is always coming, never arriving.Thomas Orlik, a veteran of more than a decade in Beijing, turns the spotlight on China's fragile fundamentals, and resources for resilience. Drawing on discussions with Communist cadres, shadow bankers, and migrant workers, Orlik pieces together a unique perspective on China's past, present, and possible futures.From Deng Xiaoping's reform and opening to Donald Trump's trade war, Orlik traces the policy steps and missteps that have taken China to the brink of a "Lehman moment" credit crisis. Delving into the balance sheets for banks, corporates, and local governments, he plumbs the depths of financial risks. From Japan in 1989, to Korea in 1997, to the U.S. in 2007, he positions China in the context of a rolling series of global crisis.Mapping possible scenarios, Orlik games out what will happens if the bubble that never pops finally does. The magnitude of the shock to China and the world would be tremendous. For those in the West nervously watching China's rise as a geopolitical challenger, the alternative could be even less palatable.
The ASEAN Miracle: A Catalyst for Peace
Kishore Mahbubani - 2017
Why?In an era of growing cultural pessimism, many thoughtful individuals believe that different civilisations – especially Islam and the West – cannot live together in peace. The ten countries of ASEAN provide a thriving counter-example of civilizational co-existence. Here 625m people live together in peace. This miracle was delivered by ASEAN.In an era of growing economic pessimism, where many young people believe that their lives will get worse in coming decades, Southeast Asia bubbles with optimism. In an era where many thinkers predict rising geopolitical competition and tension, ASEAN regularly brings together all the world’s great powers.Stories of peace are told less frequently than stories of conflict and war. ASEAN’s imperfections make better headlines than its achievements. But in the hands of thinker and writer Kishore Mahbubani, the good news story is also a provocation and a challenge to the rest of the world."This excellent book explains, in clear and simple terms, how and why ASEAN has become one of the most successful regional organizations in the world."George Yeo"A powerful and passionate account of how, against all odds, ASEAN transformed the region and why Asia and the world need it even more today."Amitav Acharya“Kishore and I have written that the world is coming together in a Fusion of Civilisations. This book documents beautifully how ASEAN has achieved this fusion. The ASEAN story is hugely instructive and this book tells it very well.”Larry SummersKishore Mahbubani is Dean of the Lee Kuan Yew School of Public Policy, National University of Singapore, and author of The New Asian Hemisphere: The Irresistible Shift of Global Power to the East. Jeffery Sng is a writer and former diplomat based in Bangkok, co-author of A History of the Thai-Chinese.
The Value of Everything: Making and Taking in the Global Economy
Mariana Mazzucato - 2018
This must change to insure a capitalism that works for us all.In this scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been determined and reveals how the difference between value creation and value extraction has become increasingly blurry. Mariana Mazzucato argues that this blurriness allowed certain actors in the economy to portray themselves as value creators, while in reality they were just moving existing value around or, even worse, destroying it.The book uses case studies - from Silicon Valley to the financial sector to big pharma - to show how the foggy notions of value create confusion between rents and profits, a difference that distorts the measurements of growth and GDP.The lesson here is urgent and sobering: to rescue our economy from the next, inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.