An urgent examination of how disruptive politics, technology, and art are capsizing old assumptions in a great wave of change breaking over today’s world, creating both opportunity and peril—from the Pulitzer Prize–winning critic and author of the New York Times bestseller The Death of Truth.
The twenty-first century is experiencing a watershed moment defined by chaos and uncertainty, as one emergency cascades into another, underscoring the larger dynamics of change that are fueling instability across the world.
Since the global financial crisis of 2008, people have increasingly lost trust in institutions and elites, while seizing upon new digital tools to sidestep traditional gatekeepers. As a result, powerful new voices—once regarded as radical, unorthodox, or marginal—are disrupting the status quo in politics, business, and culture. Meanwhile, social and economic inequalities are stoking populist rage across the world, toxic partisanship is undermining democratic ideals, and the internet and AI have become high-speed vectors for the spread of misinformation.
Writing with a critic’s understanding of cultural trends and a journalist’s eye for historical detail, Michiko Kakutani looks at the consequences of these new asymmetries of power. She maps the migration of ideas from the margins to the mainstream and explores the growing influence of outsiders—those who have sown chaos and fear (like Donald Trump), and those who have provided inspirational leadership (like Ukraine’s president Volodymyr Zelensky).
Kakutani argues that today’s crises are not only signs of an interconnected globe’s profound vulnerabilities, but also stress tests pointing to the essential changes needed to survive this tumultuous era and build a more sustainable future.
Smoke And Ashes: A Writer's Journey Through Opium's Hidden Histories is a compelling blend of travelogue, memoir, and historical essay by renowned author Amitav Ghosh. In this captivating narrative, Ghosh unravels the complex web of the opium trade's impact on global history, including its entanglement with his own family's past.
Ghosh's journey begins with the startling realization during his research for the Ibis trilogy that the lives of nineteenth-century sailors and soldiers were profoundly influenced by the currents of the Indian Ocean and the lucrative cargo they bore: opium. This revelation leads him to explore the opium trade's transformative effect on Britain, India, and China, and the role it played in the financial survival of the British Empire.
The narrative delves into the origins of some of the world's largest corporations, the fortunes of America's elite families and prestigious academic institutions, and the foundations of contemporary globalism. Ghosh's exploration is rich with insights into horticultural histories, the mythologies of capitalism, and the social and cultural repercussions of colonialism.
Through Smoke And Ashes, Amitav Ghosh reveals the significant yet often overlooked role that the opium poppy has played in shaping our modern world—a world that now stands at the precipice of significant change.
A timely, in-depth, and vital exploration of the American labor movement and its critical place in our society and politics by acclaimed labor reporter Hamilton Nolan. Nolan is an expert who has covered labor and politics for more than a decade, and has helped to unionize his own industry.
The thesis is simple: Inequality is America's biggest problem. Unions are the single strongest tool that working people have to fix this problem. But the labor movement of today has failed to enable enough individuals to join unions. Thus, organized labor's powerful potential is being wielded incompetently. And what is happening inside of organized labor will—far more than most people realize—determine the economic and social course of American life for years to come.
In deeply reported chapters that span the country, Nolan shows readers how organized labor can and does wield power effectively—in spots—but also why it has long been unable to build itself into the powerful institution that the working class needs. These narratives both inspire by example and motivate by counter-example. Whether it's a union that has succeeded in a single city, and is trying to scale that effectiveness nationally, or the ins and outs of a historically large and transformative union campaign, or the human face of a strike, or a profile of the most anti-union state in America, Nolan highlights the actual mechanisms that connect labor to politics to real change. Throughout, Nolan follows Sara Nelson, the powerful and charismatic head of the flight attendants union, as she struggles with how (and whether) to assert herself as a national leader of the labor movement, to try to fix what is broken about it. The Hammer draws the line from forgotten workplaces to Washington's halls of power, and shows how labor can utterly transform American politics—if it can first transform itself.
Ingrid Robeyns, a world-leading philosopher and economist, presents a powerful case for limitarianism—the idea that there should be a maximum limit on individual wealth. In Limitarianism: The Case Against Extreme Wealth, she explores the ethical and democratic implications of wealth accumulation and its impact on society at large.
Robeyns provides a compelling argument for why extreme wealth is problematic, citing that it:
The book suggests that there are more constructive uses for excess money and that even the wealthy would benefit from a wealth cap. Through a radical reimagining of our economic systems, Robeyns ignites an urgent debate about wealth and challenges the foundations of capitalism and neoliberalism.
Anansi's Gold is the astounding, never-before-told story of how an audacious Ghanaian con artist pulled off one of the 20th century's longest-running and most spectacular frauds.
When Ghana won its independence from Britain in 1957, it instantly became a target for home-grown opportunists and rapacious Western interests determined to snatch any assets that colonialism hadn't already stripped. A CIA-funded military junta ousted the new nation's inspiring president, Kwame Nkrumah, then falsely accused him of hiding the country's gold overseas.
Into this big lie stepped one of history's most charismatic scammers, a con man to rival the trickster god Anansi. Born into poverty in Ghana and trained in the United States, John Ackah Blay-Miezah declared himself custodian of an alleged Nkrumah trust fund worth billions. You, too, could claim a piece--if only you would "invest" in Blay-Miezah's fictitious efforts to release the equally fictitious fund. Over the 1970s and '80s, he and his accomplices--including Ghanaian state officials and Nixon's former attorney general--scammed hundreds of millions of dollars out of thousands of believers. Blay-Miezah lived in luxury, deceiving Philadelphia lawyers, London financiers, and Seoul businessmen alike, all while eluding his FBI pursuers. American prosecutors called his scam "one of the most fascinating--and lucrative--in modern history."
In Anansi's Gold, Yepoka Yeebo chases Blay-Miezah's ever-wilder trail and discovers, at long last, what really happened to Ghana's missing wealth. She unfolds a riveting account of Cold War entanglements, international finance, and postcolonial betrayal, revealing how what we call "history" writes itself into being, one lie at a time.
Ultra-Processed People: Why We Can't Stop Eating Food That Isn't Food is an eye-opening investigation into the science, economics, history, and production of ultra-processed food, also known as UPF. Medical doctor and broadcaster Chris van Tulleken takes us through the hard facts about our food intake and its links to various diseases such as metabolic disease, depression, inflammation, anxiety, and cancer. He also discusses the environmental damage caused by the production, distribution, and disposal of UPF.
Van Tulleken reframes the conversation around healthy eating by providing both shocking and empathetic insights into our eating habits. He delves into the concept of the 'third age of eating' characterized by the abundance of ultra-processed eating options and provides guidance on making informed choices amidst this landscape. This book is not just about diet trends or individual willpower; it's about our right to know what we eat and its effects on our bodies and our environment.
The Pulitzer Prize–winning author of Evicted reimagines the debate on poverty, making a “provocative and compelling” (NPR) argument about why it persists in America: because the rest of us benefit from it. “Urgent and accessible . . . Its moral force is a gut punch.”—The New Yorker
The United States, the richest country on earth, has more poverty than any other advanced democracy. Why? Why does this land of plenty allow one in every eight of its children to go without basic necessities, permit scores of its citizens to live and die on the streets, and authorize its corporations to pay poverty wages?
In this landmark book, acclaimed sociologist Matthew Desmond draws on history, research, and original reporting to show how affluent Americans knowingly and unknowingly keep poor people poor. Those of us who are financially secure exploit the poor, driving down their wages while forcing them to overpay for housing and access to cash and credit. We prioritize the subsidization of our wealth over the alleviation of poverty, designing a welfare state that gives the most to those who need the least. And we stockpile opportunity in exclusive communities, creating zones of concentrated riches alongside those of concentrated despair. Some lives are made small so that others may grow.
Elegantly written and fiercely argued, this compassionate book gives us new ways of thinking about a morally urgent problem. It also helps us imagine solutions. Desmond builds a startlingly original and ambitious case for ending poverty. He calls on us all to become poverty abolitionists, engaged in a politics of collective belonging to usher in a new age of shared prosperity and, at last, true freedom.
Con un par de golpecitos en la pantalla, tu smartphone puede colocar delante de ti un automóvil. Esta sencilla operación pone en funcionamiento toda una maquinaria extractiva que se aprovecha de la infraestructura urbana, de los bienes y recursos de los trabajadores e incluso de los datos personales de los usuarios, para poner en contacto a un conductor marginado del mercado laboral formal y a un viajero deseoso de escapar de las penurias del transporte público. Esta plataformización del trabajo revela una nueva lógica empresarial, en la que se enhebran la innovación informática y el abuso patronal, la reinvención de los servicios urbanos y el canto de las sirenas del autoempleo. ¡Bienvenidos todos al cappitalismo!
Con las sutiles herramientas de la antropología contemporánea, tanto de gabinete como de campo, Natalia Radetich se lanzó a la jungla de concreto para conocer desde dentro la mecánica por la que Uber, quizá la más emblemática de las aplicaciones para el transporte de pasajeros, crea sus mensajes para convencer —y mantener enganchados— a conductores y usuarios, y para, con total descaro, eludir su responsabilidad fiscal y patronal. Escrito con rigor y sagacidad, ricamente documentado y nutrido de observaciones en el terreno, este libro desmenuza los elementos de un novedoso fenómeno que está ocurriendo delante de nosotros, lo mismo en la movilidad, el reparto de alimentos o la mensajería: la uberización del trabajo. En ese escenario despiadado ha surgido, sin embargo, un ánimo solidario entre quienes sufren la precarización laboral.
Este libro resultará clave para entender la actual etapa del capitalismo y los mecanismos de la apropiación empresarial.
Birnam Wood is Shakespearean in its drama, Austenian in its wit, and, like both influences, fascinated by what makes us who we are. It is an unflinching look at the surprising consequences of even our most well-intended actions, and an enthralling consideration of the human impulse to ensure our own survival.
A landslide has closed the Korowai Pass on New Zealand’s South Island, cutting off the town of Thorndike and leaving a sizable farm abandoned. The disaster has created an opportunity for Birnam Wood, an unregulated, sometimes-criminal, sometimes-philanthropic guerrilla gardening collective that plants crops wherever no one will notice. For years, the group has struggled to break even. Then Mira, Birnam Wood’s founder, stumbles on an answer: occupying the farm at Thorndike would mean a shot at solvency at last.
But Mira is not the only one interested in Thorndike. The enigmatic American billionaire Robert Lemoine has snatched it up to build his end-times bunker, or so he tells Mira when he catches her on the property. Intrigued by Mira and Birnam Wood, he makes them an offer that would set them up for the long term. But can they trust him? And, as their ideals and ideologies are tested, can they trust one another?
We have never had so much information at our fingertips and yet most of us don't know how the world really works. This book explains seven of the most fundamental realities governing our survival and prosperity. From energy and food production, through our material world and its globalization, to risks, our environment and its future, How the World Really Works offers a much-needed reality check - because before we can tackle problems effectively, we must understand the facts.
In this ambitious and thought-provoking book we see, for example, that globalization isn't inevitable and that our societies have been steadily increasing their dependence on fossil fuels, making their complete and rapid elimination unlikely. Vaclav Smil is neither a pessimist nor an optimist, he is a scientist; he is the world-leading expert on energy and an astonishing polymath. This is his magnum opus and is a continuation of his quest to make facts matter. Drawing on the latest science, including his own fascinating research, and tackling sources of misinformation head on - from Yuval Noah Harari to Noam Chomsky - ultimately Smil answers the most profound question of our age: are we irrevocably doomed or is a brighter utopia ahead?
Trust is a sweeping puzzle of a novel about power, greed, love and a search for the truth that begins in 1920s New York. Can one person change the course of history? A Wall Street tycoon takes a young woman as his wife. Together, they rise to the top in an age of excess and speculation. Now a novelist is threatening to reveal the secrets behind their marriage. Who will have the final word in their story of greed, love and betrayal?
Composed of four competing versions of this deliciously deceptive tale, Trust by Hernan Diaz brings us on a quest for truth while confronting the lies that often live buried in the human heart.
An unparalleled novel about money, power, intimacy, and perception.
NATIONAL BESTSELLER - From the former Governor of the Bank of Canada, Stephen Poloz presents a far-seeing guide to the powerful economic forces that will shape the decades ahead. The economic ground is shifting, with increased volatility and widespread concern about financial futures. In this urgent and accessible guide, Poloz examines the crises and opportunities that lie ahead.
He identifies tectonic forces such as an aging workforce, mounting debt, rising income inequality, and technological advances that are disrupting employment, alongside climate change driving a transition to a lower-carbon economy. These forces have profound implications across various aspects of life, including work, housing, investment, government and central bank policy, and corporate roles in society. The pandemic has intensified many of these issues.
Poloz draws parallels with past economic crises, from the Victorian Depression to the 2008 downturn, to forecast the potential challenges and opportunities in the future. He suggests that the upcoming upheaval, unlike natural disasters, could provide chances for renewal and growth. This book is filled with insights for employers, investors, policymakers, and families, making it an essential resource for navigating the uncertain times ahead.
From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, Noise: A Flaw in Human Judgment is a revolutionary exploration of why people make bad judgments and how to make better ones. Imagine that two doctors in the same city give different diagnoses to identical patients, or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants, or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical.
In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions.
Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.
Heather McGhee's specialty is the American economy—and the mystery of why it so often fails the American public. From the financial crisis to rising student debt to collapsing public infrastructure, she found a common root problem: racism. But not just in the most obvious indignities for people of color. Racism has costs for white people, too. It is the common denominator of our most vexing public problems, the core dysfunction of our democracy and constitutive of the spiritual and moral crises that grip us all. But how did this happen? And is there a way out?
McGhee embarks on a deeply personal journey across the country from Maine to Mississippi to California, tallying what we lose when we buy into the zero-sum paradigm—the idea that progress for some of us must come at the expense of others. Along the way, she meets white people who confide in her about losing their homes, their dreams, and their shot at better jobs to the toxic mix of American racism and greed. This is the story of how public goods in this country—from parks and pools to functioning schools—have become private luxuries; of how unions collapsed, wages stagnated, and inequality increased; and of how this country, unique among the world's advanced economies, has thwarted universal healthcare.
But in unlikely places of worship and work, McGhee finds proof of what she calls the Solidarity Dividend: gains that come when people come together across race, to accomplish what we simply can't do on our own. McGhee marshals economic and sociological research to paint a story of racism's costs, but at the heart of the book are the humble stories of people yearning to be part of a better America, including white supremacy's collateral victims: white people themselves. With startling empathy, this heartfelt message from a Black woman to a multiracial America leaves us with a new vision for a future in which we finally realize that life can be more than a zero-sum game.
The co-host of the popular NPR podcast Planet Money provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs. Money only works because we all agree to believe in it.
In Money, Jacob Goldstein shows how money is a useful fiction that has shaped societies for thousands of years, from the rise of coins in ancient Greece to the first stock market in Amsterdam to the emergence of shadow banking in the 21st century.
At the heart of the story are the fringe thinkers and world leaders who reimagined money. Kublai Khan, the Mongol emperor, created paper money backed by nothing, centuries before it appeared in the west. John Law, a professional gambler and convicted murderer, brought modern money to France (and destroyed the country's economy). The cypherpunks, a group of radical libertarian computer programmers, paved the way for bitcoin.
One thing they all realized: what counts as money (and what doesn't) is the result of choices we make, and those choices have a profound effect on who gets more stuff and who gets less, who gets to take risks when times are good, and who gets screwed when things go bad. Lively, accessible, and full of interesting details (like the 43-pound copper coins that 17th-century Swedes carried strapped to their backs), Money is the story of the choices that gave us money as we know it today.
The Expendables: How the Middle Class Got Screwed By Globalization offers a provocative and far-reaching analysis of the economic forces that have marginalized the middle class in the developed world. Jeff Rubin, former CIBC World Markets Chief Economist, presents a compelling case that the decline of the middle class was not only predictable but is a direct consequence of policy choices that favored globalization.
Through a detailed exploration of trends such as stagnant wages in North America since the 1970s, the collapse of union membership, and the shift away from full-time employment, Rubin illustrates the retreat of the middle class. He highlights how agreements like NAFTA and global economic policies such as deregulation and tax legislation that favor the wealthy have contributed to this erosion.
Rubin's argument is not only economic but also touches on the political backlash seen in events like Brexit, the rise of Donald Trump, and the growth of populism in Europe. He suggests that resolving these issues will require rethinking the fundamental ideas about capital and labor that have shaped the current system.
The Expendables is a critical examination of the developed world's economic landscape, offering insights that are both humane and rigorous, and calling for a more equitable future.
The Manifesto of the Free People’s Union presents the faults of the following systems:
The Political System
The political system is not about creating the best solutions for people, but about politicians fighting for power for themselves.
The Financial System
The banking system enslaves us and makes us poorer due to the system of fractional reserve, inflation, and other aspects.
The Education System
The education system does not teach us anything useful. It forces us to memorize things such as maps, useless facts, or solving math equations, as it was useful in the 20th century, but not now.
Health Care
The health care system is broken because, for example, pharmaceutical companies don’t want to prevent illnesses, but to keep us ill as long as possible to earn more money.
It also presents faults in areas such as economic system, media, food, and others. Then, it proposes, with all the details, a whole new system that will serve us. For example, it presents a new political system, in which governments consist of the best specialist that create solutions which we, the people, can accept or reject.
From the New York Times bestselling authors of Abundance and Bold comes a practical playbook for technological convergence in our modern era.
In their book Abundance, bestselling authors and futurists Peter Diamandis and Steven Kotler tackled grand global challenges, such as poverty, hunger, and energy. Then, in Bold, they chronicled the use of exponential technologies that allowed the emergence of powerful new entrepreneurs. Now the bestselling authors are back with The Future Is Faster Than You Think, a blueprint for how our world will change in response to the next ten years of rapid technological disruption.
Technology is accelerating far more quickly than anyone could have imagined. During the next decade, we will experience more upheaval and create more wealth than we have in the past hundred years. In this gripping and insightful roadmap to our near future, Diamandis and Kotler investigate how wave after wave of exponentially accelerating technologies will impact both our daily lives and society as a whole. What happens as AI, robotics, virtual reality, digital biology, and sensors crash into 3D printing, blockchain, and global gigabit networks? How will these convergences transform today's legacy industries? What will happen to the way we raise our kids, govern our nations, and care for our planet?
Diamandis, a space-entrepreneur-turned-innovation-pioneer, and Kotler, bestselling author and peak performance expert, probe the science of technological convergence and how it will reinvent every part of our lives—transportation, retail, advertising, education, health, entertainment, food, and finance—taking humanity into uncharted territories and reimagining the world as we know it.
As indispensable as it is gripping, The Future Is Faster Than You Think provides a prescient look at our impending future.
Once upon a time, the world was neatly divided into prosperous and backward economies. Babies were plentiful, workers outnumbered retirees, and people aspiring towards the middle class yearned to own homes and cars. That world—and those rules—are over. By 2030, a new reality will take hold, and before you know it:
There will be more grandparents than grandchildren
The middle-class in Asia and Sub-Saharan Africa will outnumber the US and Europe combined
The global economy will be driven by the non-Western consumer for the first time in modern history
There will be more global wealth owned by women than men
There will be more robots than workers
There will be more computers than human brains
There will be more currencies than countries
According to Mauro F. Guillen, the only way to truly understand the global transformations underway—and their impacts—is to think laterally. That is, using peripheral vision, or approaching problems creatively and from unorthodox points of view. Rather than focusing on a single trend—climate-change or the rise of illiberal regimes, for example—Guillen encourages us to consider the dynamic inter-play between a range of forces that will converge on a single tipping point—2030—that will be, for better or worse, the point of no return.
Billion Dollar Whale reveals the epic story of how a young social climber from Malaysia, Jho Low, pulled off one of the biggest financial heists in history. In 2009, Low set in motion a fraud that would symbolize the next great threat to the global financial system.
With the aid of Goldman Sachs and others, Low siphoned billions of dollars from an investment fund, all under the watchful eyes of global financial industry watchdogs. His elaborate schemes financed elections, luxury real estate, extravagant parties, and even Hollywood films like The Wolf of Wall Street.
This harrowing parable of hubris and greed in the financial world is a classic tale of a 'modern Gatsby', who emerged from obscurity to orchestrate a heist that shook the financial industry, and how this industry let it happen.
Nomadland takes readers on a journey from the beet fields of North Dakota to the campgrounds of California and Amazon’s CamperForce program in Texas. Employers have discovered a new, low-cost labor pool, made up largely of transient older adults. These invisible casualties of the Great Recession have taken to the road by the tens of thousands in RVs and modified vans, forming a growing community of nomads.
This book tells a revelatory tale of the dark underbelly of the American economy—one which foreshadows the precarious future that may await many more of us. At the same time, it celebrates the exceptional resilience and creativity of these Americans who have given up ordinary rootedness to survive, but have not given up hope.
In Reclaiming the Discarded, Kathleen M. Millar offers an evocative ethnography of Jardim Gramacho, a sprawling garbage dump on the outskirts of Rio de Janeiro, where roughly two thousand self-employed workers known as catadores collect recyclable materials. While the figure of the scavenger sifting through garbage seems iconic of wageless life today, Millar shows how the work of reclaiming recyclables is more than a survival strategy or an informal labor practice.
Rather, the stories of catadores show how this work is inseparable from conceptions of the good life and from human struggles to realize these visions within precarious conditions of urban poverty. By approaching the work of catadores as highly generative, Millar calls into question the category of informality, common conceptions of garbage, and the continued normativity of wage labor. In so doing, she illuminates how waste lies at the heart of relations of inequality and projects of social transformation.
Insightful, surprising, and with ground-breaking revelations about our society, Everybody Lies exposes the secrets embedded in our internet searches, with a foreword by bestselling author Steven Pinker. While people often lie to friends, lovers, doctors, pollsters—and to themselves—in Internet searches, they confess their truths, revealing secrets about sexless marriages, mental health problems, and even racist views.
Seth Stephens-Davidowitz, an economist and former Google data scientist, presents what might be the most important dataset ever collected. This unprecedented database of secrets offers astonishing insights into humankind. For example, anxiety does not increase after a terrorist attack, crime levels drop when a violent film is released, and racist searches are no higher in Republican areas than in Democrat ones.
Stephens-Davidowitz reveals information that can be used to change our culture and addresses the questions we're afraid to ask that might be essential to our well-being—both emotional and physical. Everybody Lies is insightful, funny, and always surprising, exposing the biases and secrets deeply embedded within us, at a time when things are harder to predict than ever.
Universal basic income. A 15-hour workweek. Open borders. Does it sound too good to be true? One of Europe's leading young thinkers shows how we can build an ideal world today.
After working all day at jobs we often dislike, we buy things we don't need. Rutger Bregman, a Dutch historian, reminds us it needn't be this way—and in some places it isn't. Rutger Bregman's TED Talk about universal basic income seemed impossibly radical when he delivered it in 2014. A quarter of a million views later, the subject of that video is being seriously considered by leading economists and government leaders the world over. It's just one of the many utopian ideas that Bregman proves is possible today.
Utopia for Realists is one of those rare books that takes you by surprise and challenges what you think can happen. From a Canadian city that once completely eradicated poverty, to Richard Nixon's near implementation of a basic income for millions of Americans, Bregman takes us on a journey through history, and beyond the traditional left-right divides, as he champions ideas whose time have come.
Every progressive milestone of civilization—from the end of slavery to the beginning of democracy—was once considered a utopian fantasy. Bregman's book, both challenging and bracing, demonstrates that new utopian ideas, like the elimination of poverty and the creation of the fifteen-hour workweek, can become a reality in our lifetime. Being unrealistic and unreasonable can in fact make the impossible inevitable, and it is the only way to build the ideal world.
Thinking, Fast and Slow presents a groundbreaking tour of the mind, as Nobel laureate Daniel Kahneman explains the two systems that drive our thinking. System 1 operates quickly, intuitively, and emotionally; in contrast, System 2 is slower, more deliberate, and more logical.
Kahneman unveils the remarkable capabilities—and the biases and faults—of quick thinking, along with the profound influence of intuitive impressions on our thoughts and behaviors. He delves into the impact of loss aversion and overconfidence on corporate strategies, the difficulty of predicting our future happiness, and how biases affect everything from stock market trading to vacation planning.
Engaging readers in a lively conversation about how we think, Kahneman demonstrates where we can and cannot trust our intuitions and how we can benefit from slow thinking. He provides practical insights into how decisions are made in our personal and business lives and offers strategies to guard against the mental glitches that often lead us astray. Thinking, Fast and Slow is a transformative book that will change the way you think about thinking.
Poor Economics presents an insightful and disruptive portrait of how poor people actually live, challenging the most common assumptions about economics. Abhijit V. Banerjee and Esther Duflo, Nobel Prize-winning economists and MIT professors, delve into the real-life decisions and dilemmas faced by the poor based on extensive field research conducted worldwide.
Poor Economics demonstrates that to create a world free of poverty, it is crucial to understand the everyday choices confronting those living on less than a dollar a day. This book offers a profound rethinking of the economics of poverty, providing readers with a closer look at life through the lens of economic decisions, and suggesting that the battle against poverty starts with proper comprehension of these daily struggles.
The Big Short: Inside the Doomsday Machine is a #1 New York Times bestseller and a major motion picture from Paramount Pictures. Michael Lewis, the author of The Blind Side and Moneyball, tells the compelling story of four outsiders in the high-finance world who predicted the credit and housing bubble collapse before anyone else.
The narrative starts with the silent crash that took place in the obscure markets of bonds and real estate derivatives. These are the places where complex securities are created to profit from the financial struggles of lower- and middle-class Americans. Lewis provides a character-driven narrative filled with indignation and dark humor, presenting a group of unlikely heroes whose stories are as compelling as they are improbable, establishing him yet again as an exceptional and witty chronicler of our times.
هذا الكتاب هو أفضل مقدمة للمبتدئين فى علم الاقتصاد، لأنه يتناول مبادئ النظرية الاقتصادية البحتة، فضلًا عن كيفية عمل الأسواق. يتمتع روبرت ميرفى مؤلف الكتاب بعقلية صائبة وإلمام جيد بالموضوع، أكسباه براعة فى مجال التدريس. الكتاب بعيد كل البعد عن الرتابة أو عدم الجدوى، حتى للقراء الذين هم على دراية بالموضوع؛ فكل صفحة من صفحاته تكشف النقاب عن أفكار جديدة ربما تكون قد طرحت فى كتب تمهيدية أخرى، لكن العرض المنطقى المتجانس الذى يتبناه ميرفى يجعل كتابه مثيرًا للإعجاب ومتميزًا عن غيره. يمكن لأى قارئ الاستمتاع بقراءة الكتاب والاستفادة منه.
Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? Why do drug dealers still live with their moms? How much do parents really matter? What kind of impact did Roe v. Wade have on violent crime? Freakonomics will literally redefine the way we view the modern world.
These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much heralded scholar who studies the stuff and riddles of everyday life -- from cheating and crime to sports and child rearing -- and whose conclusions regularly turn the conventional wisdom on its head. He usually begins with a mountain of data and a simple, unasked question. Some of these questions concern life-and-death issues; others have an admittedly freakish quality. Thus the new field of study contained in this book: freakonomics.
Through forceful storytelling and wry insight, Levitt and co-author Stephen J. Dubner show that economics is, at root, the study of incentives -- how people get what they want, or need, especially when other people want or need the same thing. In Freakonomics, they set out to explore the hidden side of ... well, everything. The inner workings of a crack gang. The truth about real-estate agents. The myths of campaign finance. The telltale marks of a cheating schoolteacher. The secrets of the Ku Klux Klan.
What unites all these stories is a belief that the modern world, despite a surfeit of obfuscation, complication, and downright deceit, is not impenetrable, is not unknowable, and -- if the right questions are asked -- is even more intriguing than we think. All it takes is a new way of looking. Steven Levitt, through devilishly clever and clear-eyed thinking, shows how to see through all the clutter.
Freakonomics establishes this unconventional premise: If morality represents how we would like the world to work, then economics represents how it actually does work. It is true that readers of this book will be armed with enough riddles and stories to last a thousand cocktail parties. But Freakonomics can provide more than that. It will literally redefine the way we view the modern world.
In The Life You Can Save, Peter Singer compellingly lays out the case for why and how we can take action to provide immense benefit to others, at minimal cost to ourselves. Using ethical arguments, illuminating examples, and case studies of charitable giving, he shows that our current response to world poverty is not only insufficient but morally indefensible. And he provides practical recommendations of charities proven to dramatically improve, and even save, the lives of children, women and men living in extreme poverty.
The Life You Can Save teaches us to be a part of the solution, helping others as we help ourselves.
In her ground-breaking reporting from Iraq, Naomi Klein exposed how the trauma of invasion was being exploited to remake the country in the interest of foreign corporations. She called it disaster capitalism. Covering Sri Lanka in the wake of the tsunami, and New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic shock treatment losing their land and homes to rapid-fire corporate makeovers.
The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq.
At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. By capitalizing on crises, created by nature or war, Klein argues that the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
The Uses of Haiti tells the truth about uncomfortable matters—uncomfortable, that is, for the structures of power and the doctrinal framework that protects them from scrutiny. It tells the truth about what has been happening in Haiti, and the US role in its bitter fate.
Noam Chomsky, from the introduction
In this third edition of the classic The Uses of Haiti, Paul Farmer looks at what has happened to the health of the poor in Haiti since the coup. Winner of a McArthur Genius Award, Paul Farmer is a physician and anthropologist who has worked for 25 years in Haiti, where he serves as medical director of a hospital serving the rural poor. He is the subject of the Tracy Kidder biography, Mountains Beyond Mountains.
More than one million hardcovers sold Now available for the first time in paperback! The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions
The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.
Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.
Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism. Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society.
As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."
Social Capital is a comprehensive introduction to the concept of social capital, which defines the intangible resources of community, shared values, and trust that we rely on in everyday life. The term has gained significant traction across the social sciences due to the diverse contributions of Pierre Bourdieu in France, and James Coleman and Robert Putnam in the United States, and has become a central explanation for the observed decline in social cohesion and community values in Western societies.
The book not only delves into the theoretical aspects of the subject but also examines the empirical work that has been conducted to understand its workings. Moreover, it discusses the impact social capital has had on policy-making, particularly within international organizations such as the World Bank and the European Commission.
With its clear and thorough approach, this fully revised third edition of Social Capital offers valuable insights into changing policy perceptions of social capital, its relationship with the internet and economics, and its resilience during challenging times. Complete with guides for further reading and a list of the most important websites, this book is an essential resource for anyone interested in the intersection of sociology, politics, and social policy.
Reveals low-wage America in all its tenacity, anxiety, and surprising generosity—a land of Big Boxes, fast food, and a thousand desperate stratagems for survival.
Millions of Americans work full-time, year-round, for poverty-level wages. In 1998, Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that any job equals a better life. But how can anyone survive, let alone prosper, on $6-$7 an hour? To find out, Ehrenreich moved from Florida to Maine to Minnesota, taking the cheapest lodgings available and accepting work as a waitress, hotel maid, house cleaner, nursing home aide, and Wal-Mart salesperson. She soon discovered that even the "lowliest" occupations require exhausting mental and physical efforts. And one job is not enough; you need at least two if you intend to live indoors.
Nickel and Dimed reveals low-wage America in all its tenacity, anxiety, and surprising generosity—a land of Big Boxes, fast food, and a thousand desperate stratagems for survival. Instantly acclaimed for its insight, humor, and passion, this book is changing the way America perceives its working poor.
From the bestselling author of The Bomber Mafia: discover Malcolm Gladwell's breakthrough debut and explore the science behind viral trends in business, marketing, and human behavior. The tipping point is that magic moment when an idea, trend, or social behavior crosses a threshold, tips, and spreads like wildfire. Just as a single sick person can start an epidemic of the flu, so too can a small but precisely targeted push cause a fashion trend, the popularity of a new product, or a drop in the crime rate. This widely acclaimed bestseller, in which Malcolm Gladwell explores and brilliantly illuminates the tipping point phenomenon, is already changing the way people throughout the world think about selling products and disseminating ideas. “A wonderful page-turner about a fascinating idea that should affect the way every thinking person looks at the world.” —Michael Lewis
Seeing Like a State: How Certain Schemes to Improve the Human Condition Have Failed, by James C. Scott, is an essential work that delves into the reasons behind the failure of states to execute large-scale social planning successfully. It presents an analysis of various disasters, from Russia to Tanzania, probing why such efforts often result in calamity.
The book argues that disasters occur when states impose oversimplified visions on complex realities that they cannot fully comprehend. Scott emphasizes the importance of recognizing local, practical knowledge alongside formal, systematic knowledge. He critiques 'development theory' and state planning that ignores the values and wishes of the people it affects. This persuasive narrative identifies four conditions common to all planning disasters: the state's administrative ordering of nature and society; a 'high-modernist ideology' that overestimates the role of science in improving human life; the use of authoritarian power to implement broad interventions; and the inability of a weakened civil society to resist such plans.
Written with clarity, Seeing Like a State brings to light the intricate nature of the world we inhabit and serves as a cautionary tale about the limits of grand societal engineering.
Capital, one of Marx's major and most influential works, was the product of thirty years close study of the capitalist mode of production in England, the most advanced industrial society of his day. This new translation of Volume One, the only volume to be completed and edited by Marx himself, seeks to do justice to the literary qualities of the work.
The introduction is by Ernest Mandel, author of Late Capitalism, one of the only comprehensive attempts to develop the theoretical legacy of Capital.