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In a sweeping narrative, the author of the mega-bestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It's the epic story of the making of modern economics, and of how it rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate. Nasar's account begins with Charles Dickens and Henry Mayhew observing...
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NEW YORK TIMES BESTSELLER * MORE THAN ONE MILLION COPIES SOLD
"A provocative read...There are few tomes that coherently map such broad economic histories as well as Mr. Dalio's. Perhaps more unusually, Mr. Dalio has managed to identify metrics from that history that can be applied to understand today." —Andrew Ross Sorkin, The New York Times
From legendary investor Ray Dalio, author of the #1...
"A provocative read...There are few tomes that coherently map such broad economic histories as well as Mr. Dalio's. Perhaps more unusually, Mr. Dalio has managed to identify metrics from that history that can be applied to understand today." —Andrew Ross Sorkin, The New York Times
From legendary investor Ray Dalio, author of the #1...
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The Wealth and Poverty of Nations is David S. Landes's acclaimed, bestselling exploration of one of the most contentious and hotly debated questions of our time: Why do some nations achieve economic success while others remain mired in poverty? The answer, as Landes definitively illustrates, is a complex interplay of cultural mores and historical circumstance. Rich with anecdotal evidence, piercing analysis, and a truly astonishing range of erudition,...
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2022.
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"Before 1870, humanity lived in dire poverty, with a slow crawl of invention offset by a growing population. Then came a great shift: invention sprinted forward, doubling our technological capabilities each generation and utterly transforming the economy again and again. Economist Brad DeLong's Slouching Towards Utopia tells the story of how this unprecedented explosion of material wealth occurred, how it transformed the globe, and why it failed...
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The wildest story in the world these days is not fiction; it's what's really happening all around us as the world's global economy has gone into freefall. How did we get here? What does it all mean? How could so many smart people be so dumb and believe their own hype?Accessibly, cleverly, and with mordant humor, journalist John Lanchester trots the globe in search of the answers to these questions-to Iceland, the scene of catastrophic bank collapse;...
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In his illuminating new book, Douglas McWilliams argues that inequality is largely driven not by a conspiracy of the rich, as Thomas Piketty suggests, but by technology and globalization tat have led to the paradox of rising inequality even as worldwide poverty drops. But what are the implications of this seeming contradiction, and what ultimately drives the global distribution of wealth? What can societies do to reshape capitalism for the 21st...
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2020.
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"Contrary to what you may have heard, the middle class is not dying and robots are not stealing our jobs. In fact, writes Adam Davidson-one of our leading public voices on economic issues- the twenty-first-century economic paradigm offers new ways of making money, fresh paths toward professional fulfillment, and unprecedented opportunities for curious, ambitious individuals to combine the things they love with their careers. Drawing on the stories...
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2021.
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Examines history's most turbulent economic and political periods to reveal why the times ahead will likely be radically different from those in recent memory.
A few years ago, Dalio noticed a confluence of political and economic conditions he hadn't encountered before: huge debts and zero or near-zero interest rates that led to massive printing of money in the world's three major reserve currencies. Here Dalio brings readers along for his study of...
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This pioneering work demystifies the drivers behind political, economic, and social change.
Shaped by his twenty-five years traveling the world and enlivened by encounters with tycoons, presidents, and villagers from Rio to Beijing, Ruchir Sharma's The Rise and Fall of Nations rethinks the "dismal science" of economics as a practical art. Narrowing the thousands of factors that can shape a country's fortunes to ten clear rules, Sharma explains...
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Is civilization teetering on the edge of a cliff? Or are we just climbing higher than ever? Most people who read the news would tell you that 2017 is one of the worst years in recent memory. We're facing a series of deeply troubling, even existential problems: fascism, terrorism, environmental collapse, racial and economic inequality, and more. Yet this narrative misses something important: by almost every meaningful measure, the modern world is better...
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John Kenneth Galbraith's classic examination of the 1929 financial collapse.
Arguing that the 1929 stock market crash was precipitated by rampant speculation in the stock market, Galbraith notes that the common denominator of all speculative episodes is the belief of participants that they can become rich without work. It was Galbraith's belief that a good knowledge of what happened in 1929 was the best safeguard against its recurrence.
Atlantic...
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In On The Wealth of Nations, America's most provocative satirist, P. J. O'Rourke, reads Adam Smith's revolutionary The Wealth of Nations so you don't have to. Recognized almost instantly on its publication in 1776 as the fundamental work of economics, The Wealth of Nations was also recognized as really long: the original edition totaled over nine hundred pages in two volumes-including the blockbuster sixty-seven-page "digression concerning the variations...
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[2023]
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"We are living in a strange world--Salmon calls it "the New Not Normal." The Phoenix Economy explores the ramifications of the pandemic years, many of which are surprisingly positive. In doing so, Salmon makes sense of one of the most disorienting and devastating events of our lifetimes. He examines the critical aspects of our lives that have been transformed in three parts: Time and Space, Mind and Body, and Business and Pleasure. Salmon's keen observations,...
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