If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to systematically explain how the poor find solutions to their everyday financial problems.The authors conducted year-long interviews with impoverished villagers and slum dwellers in Bangladesh, India, and South Africa--records that track penny by penny how specific households manage their money. The stories of these families are often surprising and inspiring. Most poor households do not live hand to mouth, spending what they earn in a desperate bid to keep afloat. Instead, they employ financial tools, many linked to informal networks and family ties. They push money into savings for reserves, squeeze money out of creditors whenever possible, run sophisticated savings clubs, and use microfinancing wherever available. Their experiences reveal new methods to fight poverty and ways to envision the next generation of banks for the "bottom billion."Indispensable for those in development studies, economics, and microfinance, Portfolios of the Poor will appeal to anyone interested in knowing more about poverty and what can be done about it.

    Paul Klebnikov pieces together the previous decade in Russian history, showing that a major piece of "the decline of Russia' puzzle lies in the meteoric business career of Boris Berezovsky. Transforming himself from a research scientist to Russia's most successful dealmaker, Berezovsky managed to seize control of Russia's largest auto manufacturer, largest TV network, national airline, and one of the world's biggest oil companies. When Moscow's gangster families battled one another in the Great Mob War of 1993-1994, Berezovsky was in the thick of it. He was badly burned by a car bomb and his driver was decapitated. A year later, Berezovsky emerged as the prime suspect in the assassination of the director of the TV network he acquired. Although plagued by scandal, he enjoyed President Yeltsin's support, serving as the personal financial "advisor" to both Yeltsin and his family. In 1996, Berezovsky organized the financing of Yeltsin's re-election campaign-a campaign marred by fraud, embezzlement, and attempted murder. Berezovsky became the President's most trusted political advisor-playing a key role in forming governments and dismissing prime ministers. Based on hundreds of taped interviews with top businessmen and government officials, secret police reports, contractual documents, and surveillance tapes, Godfather of the Kremlin is both a gripping story and a unique historical document.

    A remarkably motley group of people call the building home; Pakistani phone stall operators, Chinese guesthouse workers, Nepalese heroin addicts, Indonesian sex workers, and traders and asylum seekers from all over Asia and Africa live and work there—even backpacking tourists rent rooms. In short, it is possibly the most globalized spot on the planet. But as Ghetto at the Center of the World shows us, a trip to Chungking Mansions reveals a far less glamorous side of globalization. A world away from the gleaming headquarters of multinational corporations, Chungking Mansions is emblematic of the way globalization actually works for most of the world’s people. Gordon Mathews’s intimate portrayal of the building’s polyethnic residents lays bare their intricate connections to the international circulation of goods, money, and ideas. We come to understand the day-to-day realities of globalization through the stories of entrepreneurs from Africa carting cell phones in their luggage to sell back home and temporary workers from South Asia struggling to earn money to bring to their families. And we see that this so-called ghetto—which inspires fear in many of Hong Kong’s other residents, despite its low crime rate—is not a place of darkness and desperation but a beacon of hope. Gordon Mathews’s compendium of riveting stories enthralls and instructs in equal measure, making Ghetto at the Center of the World not just a fascinating tour of a singular place but also a peek into the future of life on our shrinking planet.

    Narrowing the thousands of factors that can shape a country’s fortunes to ten clear rules, Sharma explains how to spot political, economic, and social changes in real time. He shows how to read political headlines, black markets, the price of onions, and billionaire rankings as signals of booms, busts, and protests. Set in a post-crisis age that has turned the world upside down, replacing fast growth with slow growth and political calm with revolt, Sharma’s pioneering book is an entertaining field guide to understanding change in this era or any era.A Library Journal Best Book of 2016

    Lee, the founding father of modern Singapore and its prime minister from 1959 to 1990, has honed his wisdom during more than fifty years on the world stage. Almost single-handedly responsible for transforming Singapore into a Western-style economic success, he offers a unique perspective on the geopolitics of East and West. American presidents from Richard Nixon to Barack Obama have welcomed him to the White House; British prime ministers from Margaret Thatcher to Tony Blair have recognized his wisdom; and business leaders from Rupert Murdoch to Rex Tillerson, CEO of Exxon Mobil, have praised his accomplishments. This book gathers key insights from interviews, speeches, and Lee's voluminous published writings and presents them in an engaging question and answer format.Lee offers his assessment of China's future, asserting, among other things, that "China will want to share this century as co-equals with the U.S." He affirms the United States' position as the world's sole superpower but expresses dismay at the vagaries of its political system. He offers strategic advice for dealing with China and goes on to discuss India's future, Islamic terrorism, economic growth, geopolitics and globalization, and democracy. Lee does not pull his punches, offering his unvarnished opinions on multiculturalism, the welfare state, education, and the free market. This little book belongs on the reading list of every world leader--including the one who takes the oath of office on January 20, 2013.

    One of Paine's greatest and most widely read works, considered a classic statement of faith in democracy and egalitarianism, defends the early events of the French Revolution, supports social security for workers, public employment for those in need of work, abolition of laws limiting wages, and other social reforms.

    The Undercover Economist is for anyone who's wondered why the gap between rich and poor nations is so great, or why they can't seem to find a decent second-hand car, or how to outwit Starbucks. This book offers the hidden story behind these and other questions, as economist Tim Harford ranges from Africa, Asia, Europe, and of course the United States to reveal how supermarkets, airlines, and coffee chains--to name just a few--are vacuuming money from our wallets. Harford punctures the myths surrounding some of today's biggest controversies, including the high cost of health-care; he reveals why certain environmental laws can put a smile on a landlord's face; and he explains why some industries can have high profits for innocent reasons, while in other industries something sinister is going on. Covering an array of economic concepts including scarce resources, market power, efficiency, price gouging, market failure, inside information, and game theory, Harford sheds light on how these forces shape our day-to-day lives, often without our knowing it. Showing us the world through the eyes of an economist, Tim Harford reveals that everyday events are intricate games of negotiations, contests of strength, and battles of wits. Written with a light touch and sly wit, The Undercover Economist turns "the dismal science" into a true delight.

    This book tackles such questions head-on.   The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people’s basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours.   The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it.   How Much Is Enough? is that rarity, a work of deep intelligence and ethical commitment accessible to all readers. It will be lauded, debated, cited, and criticized. It will not be ignored.

    (the most fearful defeat suffered by a Roman army since Cannae in 216 B.C.) and Marignano (1515 A.D.), the last of the triumphs of the medieval horseman. It was extensively revised and edited by John H. Beeler in 1953 to incorporate many new facts uncovered since the late nineteenth century.

    It is iconoclastic, crosses disciplinary boundaries, and finally it is calm and compellingly reasonable. The book was widely read on both sides of the Iron Curtain and the result was serious revision in both Western and Soviet strategy and doctrine. As a result, both sides were better able to avoid disaster during the Cold War.The strategic concepts still apply: defense, local animosities, and the usual balance-of-power issues are still very much with us. Kahn's stated purpose in writing this book was simply: "avoiding disaster and buying time, without specifying the use of this time." By the late 1950s, with both sides H-bomb-armed, reason and time were in short supply.Kahn, a military analyst at Rand since 1948, understood that a defense based only on thermonuclear arnaments was inconceivable, morally questionable, and not credible.The book was the first to make sense of nuclear weapons. Originally created from a series of lectures, it provides insight into how policymakers consider such issues. One may agree with Kahn or disagree with him on specific issues, but he clearly defined the terrain of the argument. He also looks at other weapons of mass destruction such as biological and chemical, and the history of their use.The Cold War is over, but the nuclear genie is out of the bottle, and the lessons and principles developed in On Thermonuclear War apply as much to today's China, Russia, Iran, and North Korea as they did to the Soviets.

    In this brilliant study (his best-known and most controversial), he opposes the Marxist concept of dialectical materialism and its view that change takes place through "the struggle of opposites." Instead, he relates the rise of a capitalist economy to the Puritan determination to work out anxiety over salvation or damnation by performing good deeds — an effort that ultimately discouraged belief in predestination and encouraged capitalism. Weber's classic study has long been required reading in college and advanced high school social studies classrooms.

    Published in 1879, it was admired and advocated by great minds such as Albert Einstein, Winston Churchill, Leo Tolstoy and Sun Yat-sen in China.

    They are difficult to shatter, for they perpetuate the popular belief that the nation has always enjoyed universal democracy, honesty, and opportunity. The New England Town, however, deserves more than a mythical place in American history. In this industrial village society, the unique American experience had its beginnings.In his highly original and controversial study. Professor Lockridge traces the origins of Dedham, Massachusetts, carefully examining its establishment as a utopia in 1636, the changes that occurred during the first four generations of its settlement, and the kind of community it had become by the mid-eighteenth century. In bringing to life this peculiarly American town he creates a view of all New England towns, so vital to an understanding of how the American character and society were shaped. He also gives answers to the basic questions shrouded by the myths: Was the New England Town democratic? Was it equalitarian? Was opportunity great? was society mobile? was it static or dynamic? Who had power, and who wanted it? In examining these questions Professor Lockridge has gone to the heart of the controversy surrounding the New England Town experience, finding some truth, and not a little irony, in the myth.This enlarged edition includes an updated bibliography and an afterword in which Lockridge addresses two questions about the story of Dedham: What does it tell us about the impulses that led to American independence? The answers to these questions suggest the connections between the "new" social history and the broad political themes of the revolutionary period.

    With an easy command of history, philosophy and current affairs, 'The Future of Freedom' calls for a restoration of the balance between liberty and democracy, and shows how liberal democracy has to be made effective and relevant for our time.

    But the Chinese, while eagerly accepting Western technical advice, clung steadfastly to their own religious and cultural traditions. As a new era of relations between China and the United States begins, the tales in this volume will serve as cautionary histories for businessmen, diplomats, students, or any other foreigners who foolishly believe that they can transform this vast, enigmatic country.