Recommendations based on "The Global Minotaur America, Europe and the Future of the World Economy"

From the winner of the 2022 Nobel Prize in EconomicsA New York Times Bestseller“A fascinating account of the effort to save the world from another [Great Depression]. . . . Humanity should be grateful.”―Financial TimesIn 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small-town South Carolina to prestigious academic appointments and finally public service in Washington’s halls of power.There would be no time to celebrate.The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the investment bank Bear Stearns to the unprecedented bailout of insurance giant AIG, efforts to arrest the financial contagion consumed Bernanke and his team at the Fed. Around the clock, they fought the crisis with every tool at their disposal to keep the United States and world economies afloat.Working with two U.S. presidents, and under fire from a fractious Congress and a public incensed by behavior on Wall Street, the Fed―alongside colleagues in the Treasury Department―successfully stabilized a teetering financial system. With creativity and decisiveness, they prevented an economic collapse of unimaginable scale and went on to craft the unorthodox programs that would help revive the U.S. economy and become the model for other countries.Rich with detail of the decision-making process in Washington and indelible portraits of the major players, The Courage to Act recounts and explains the worst financial crisis and economic slump in America since the Great Depression, providing an insider’s account of the policy response. 16 pages of photographs

Freakonomics lived on the New York Times bestseller list for an astonishing two years. Now authors Steven D. Levitt and Stephen J. Dubner return with more iconoclastic insights and observations in SuperFreakonomics—the long awaited follow-up to their New York Times Notable blockbuster. Based on revolutionary research and original studies SuperFreakonomics promises to once again challenge our view of the way the world really works.

This book seeks to elucidate its subject - the governing of democratic state - by making intelligible the party politics of democracies. Downs treats this differently than do other students of politics. His explanations are systematically related to, and deductible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United State or any other single country.I. BASIC STRUCTURE OF THE MODEL.1. Introduction.2. Party Motivation and the Function of Government in Society.3. The Basic Logic of Voting.4. The Basic Logic of Government Decision-Making.II. THE GENERAL EFFECTS OF UNCERTAINTY.5. The Meaning of Uncertainty.6. How Uncertainty Affects Government Decision-Making.7. The Development of Political Ideologies as Means of Getting Votes.8. The Statics and Dynamics of Party Ideologies9. Problems of Rationality Under Coalition Governments.10. Government Vote-Maximizing and Individual marginal Equilibrium.III. SPECIFIC EFFECTS OF INFORMATION COSTS.11. The Process of Becoming Informed.12. How Rational Citizens Reduce Information Costs.13. The Returns From Information and Their Diminution.14. The Causes and Effects of Rational Abstention.IV. DERIVATIVE IMPLICATIONS AND HYPOTHESIS.15. A Comment on Economic Theories of Government Behavior.16. Testable Prepositions Derived from the Theory.

Commodities and Capabilities presents a set of inter-related theses concerning the foundations of welfare economics, and in particular about the assessment of personal well-being and advantage. The argument presented focuses on the capability to function, i.e. what a person can do or can be, questioning in the process the more standard emphasis on opulence or on utility. In fact, a person's motivation behind choice is treated here as a parametric variable which may or may not coincide with the pursuit of self-interest. Given the large number of practical problems arising from the roles and limitations of different concepts of interest and the judgement of advantage and well-being, this scholarly investigation is both of theoretical interest and practical import.

Book may have moderate creases and wear from reading.

In 1929, the world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. But behind the flashing ticker tapes and panicked traders, another drama unfolded-one of visionaries and fraudsters, titans and dreamers, euphoria and ruin. With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin takes readers inside the chaos of the crash, behind the scenes of a raging battle between Wall Street and Washington and the larger-than-life characters whose ambition and naivety in an endless boom led to wreckage. The dizzying highs and brutal lows of this era eerily mirror today's world-where markets soar, political tensions mount, and the fight over financial influence plays out once again. This is not just a story about money. 1929 is a tale of power, psychology, and the seductive illusion that \"this time is different.\" It's about disregarded alarm bells, financiers who fell from grace, and skeptics who saw the crash coming-only to be dismissed until it was too late. Hailed as a landmark book, Too Big to Fail reimagined how financial crises are told. Now, with 1929, Sorkin delivers an immersive, electrifying account of the most pivotal market collapse of all time-with lessons that remain as urgent as ever. More than just a history, 1929 is a crucial blueprint for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.

If you thought Wall Street was about alpha males standing in trading pits hollering at each other, think again. That world is dead. Now, the world's money is traded by computer code, inside black boxes in heavily guarded buildings. Even the experts entrusted with your cash don't know what's happening to it. And the very few who do aren't about to tell - because they're making a killing. This is a market that's rigged, out of control and out of sight; a market in which the chief need is for speed; and in which traders would sell their grandmothers for a microsecond. Blink, and you'll miss it. In Flash Boys, Michael Lewis tells the explosive story of how one group of ingenious oddballs and misfits set out to expose what was going on. It's the story of what it's like to declare war on some of the richest and most powerful people in the world. It's about taking on an entire system. And it's about the madness that has taken hold of the financial markets today. You won't believe it until you've read it.

Since the publication of Sex Trafficking in 2007, Siddharth Kara has continued to travel across countries and continents, documenting the local factors and economic forces that support sexual slavery worldwide. His riveting encounters with victims and traffickers informed his screenplay for Trafficked (2016), now a major motion picture. The film features familiar figures from Sex Trafficking and the shocking conditions of their exploitation. It also includes cases Kara has uncovered since his book debuted. This new paperback edition of Sex Trafficking includes a preface by Kara in which he discusses his findings and updates the statistics relating to his business and economic analysis of contemporary slavery. After fifteen years, Kara has recorded nearly 900 cases of sex trafficking in forty-one countries and has helped advise on numerous legal, tactical, and policy efforts for abolishing modern-day slavery across the globe. Sex Trafficking continues to lead as a resource for those hoping to expose this hidden evil and eradicate its practice once and for all.

THIS HAS HAPPENED BEFORE. The current financial crisis has only one parallel: the Wall Street Crash of 1929 and subsequent Great Depression of the 1930s, which crippled the future of an entire generation and set the stage for the horrors of the Second World War. Yet the economic meltdown could have been avoided, had it not been for the decisions taken by a small number of central bankers. In Lords of Finance, we meet these men, the four bankers who truly broke the world: the enigmatic Norman Montagu of the bank of England, Benjamin Strong of the NY Federal Reserve, the arrogant yet brilliant Hjalmar Schacht of the Reichsbanlk and the xenophobic Emile Moreau of the Banque de France. Their names were lost to history, their lives and actions forgotten, until now. Liaquat Ahamed tells their story in vivid and gripping detail, in a timely and arresting reminder that individuals - their ambitions, limitations and human nature - lie at the very heart of global catastrophe.

In twenty short books, Penguin brings you the classics of the environmental movement.In Hot Money Naomi Klein lays out the evidence that deregulated capitalism is waging war on the climate, and shows that, in order to stop the damage, we must change everything we think about how our world is run. Over the past 75 years, a new canon has emerged. As life on Earth has become irrevocably altered by humans, visionary thinkers around the world have raised their voices to defend the planet, and affirm our place at the heart of its restoration. Their words have endured through the decades, becoming the classics of a movement. Together, these books show the richness of environmental thought, and point the way to a fairer, saner, greener world.