Books with category 🪙 Economics
Displaying 5 books

Money

2020

by Jacob Goldstein

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

2020

by Jeff Rubin

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.

Manifesto of the Free People's Union

2020

by Jakub Lasak

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.

The Future Is Faster Than You Think

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.

2030

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.

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