What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from 20 countries, ranging as far back as the 18th century, to uncover key economic and social patterns.
"The most talked about non-fiction book this year"
Forget the old concept of retirement and the rest of the deferred-life plan - there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, this book is the blueprint. Includes more than 50 practical tips and case studies from readers (including families) who have doubled their income, overcome common sticking points, and reinvented themselves using the original book as a starting point.
"Good book but I wish Tim Ferriss was reading it"
Mark Twain once observed, "A lie can get halfway around the world before the truth can even get its boots on." His observation rings true: urban legends, conspiracy theories, and bogus public-health scares circulate effortlessly. Meanwhile, people with important ideas (business people, teachers, politicians, journalists, and others) struggle to make their ideas "stick". In this indispensable guide, we discover that sticky messages of all kinds draw their power from the same six traits.
"One of the best communication books ever written"
Winner of the 2013 Financial Times and Goldman Sachs Business Book of the Year Award. Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn't content with being a bookseller. He wanted Amazon to become the everything store, offering limitless selection and seductive convenience at disruptively low prices. To achieve that end, he developed a corporate culture of relentless ambition and secrecy that's never been cracked. Until now...
"You must read this one, if you shop here..."
How to Speak Money reveals how the language of money is often a tool to conceal and mislead; he explains hundreds of common economic terms, from GDP to the IMF, amortization to securitization to collateralized debt obligation; and he argues that we all need to speak money lest those who do write the financial rules for themselves.
One of the most lucrative fields in business, investment banking frequently perplexes even banking professionals working within its complex laws. Investment Banking For Dummies remedies common misconceptions with a straightforward assessment of banking fundamentals. Written by experts in stock market proceedings, this book runs parallel to an introductory course in investment banking.
Robbie, aka the Naked Trader, is your expert and highly entertaining guide to the often baffling world of the stock market. In between cups of tea, rounds of toast and the occasional 'cuddle' with Mrs Naked Trader, he describes the straightforward techniques that have enabled him to succeed in the markets, escape the rat race and make a lot of money.
"a must read for all investors"
Economics matters. But with confusing things like GDP and interest rates, it's often hard to get you head around. So What do you really need to know about economics?
Having made the U.S. financial crisis comprehensible for us all in The Big Short, Michael Lewis realised that he hadn't begun to get grips with the full story. How exactly had it come to hit the rest of the world in the face too? Just how broke are we really? Boomerang is a tragi-comic romp across Europe, in which Lewis gives full vent to his storytelling genius.
"Sharp, fun and informative"
Linda A. Hill, a professor of Business Administration at Harvard Business School, Greg Brandeau, head of technology at Pixar, Emily Truelove, a researcher and a PhD candidate at the MIT Sloan School of Management, and Kent Lineback, a manager and executive with over 25 years of experience, write about how smart leaders of innovation don't set a vision and motivate others to follow it; they create a community that is both willing and able to innovate.
Twice a year in the heart of Silicon Valley, a small investment firm called Y Combinator selects an elite group of young entrepreneurs from around the world for three months of intense work and instruction. Their brand-new two- or three-person start-ups are given a seemingly impossible challenge: to turn a raw idea into a viable business, fast. Each YC session culminates in a demo day, when investors and venture capitalists flock to hear pitches from the new graduates. Any one of them might turn out to be the next Dropbox (class of 2007, now valued at $5 billion).
"Must Read for Startups"
The definitive guide to why different financial markets exist and how they operate. This edition brings the listener right up to speed with the latest developments in financial instruments and provides a clear and incisive guide to this complex world that even those who work in it often find hard to understand. With chapters on the markets that deal with money, foreign exchange, equities, bonds, commodities, financial futures, options, and other derivatives, it looks at why these markets exist, how they work and who trades in them, and it gives a run-down of the factors that affect prices and rates.
A million listeners bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? What would happen if we cancelled everyone's debt? How do you create a job? Will the BRIC countries take over the world?
"The perfect book for that business flight"
The long-awaited follow-up to the global best-seller Liar's Poker, The Big Short tells a story of spectacular, epic folly. It has taken the world's greatest financial meltdown to bring Michael Lewis back to the subject that made him famous. His international best seller Liar's Poker exposed the greed and carnage of the City and Wall Street in the 1980s; he wrote it as a cautionary tale, but people seem to have read it as a how-to guide. Now, he wants to settle accounts.
"What went wrong, in a way you'll understand."
Bread, cash, dosh, dough, loot: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labour. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential back-story behind all history.
"Excellent Car Journey Material"
Karan Girotra, a professor of technology and operations management at INSEAD, and Serguei Netessine, a professor of Global Technology and Innovation at INSEAD, write about how the secret to success lies in who makes what decisions when and why.
Love Think & Grow Rich? Then get this Mega Audio Pack! It is simply the #1 Think & Grow Rich audio pack available in the world today. You get: >Think & Grow Rich, Think & Grow Rich updated for the 21st Century, What I Didn't Learn At School But Wish I Had, Time Rich, What I Didn't Learn From Google But Wish I Had; all these audio books for one low price!
"Too tiring and too many errors"
A radically revised new edition of this highly readable, popular guide aimed at everyone from students to statesmen who want to make sense of the modern economy and grasp how economic theory works in practice. It starts with the basics, and from the underlying theory it moves to the specifics of the world economy, including an analysis of the recent recession. The closing part puts the usefulness and the failings of economics under the spotlight, and looks at the innovative approaches being developed to address these failings.
Darrell K. Rigby, a partner in the Boston office of Bain & Company, writes about how consumers see the real and virtual world as one - and so should your company.
Ten years after the worldwide best seller Good to Great, Jim Collins returns with another ground-breaking work, this time to ask: Why do some companies thrive in uncertainty, even chaos, and others do not? Based on nine years of research, buttressed by rigorous analysis and infused with engaging stories, Collins and his colleague, Morten Hansen, enumerate the principles for building a truly great enterprise in unpredictable, tumultuous, and fast-moving times.
"a good book however a bit dull in places."
In response to the recent economy's woes, banks have placed a growing premium on reducing costs and improving operational efficiencies and many banks have turned to lean programs as a useful tool. Most of these banks will find themselves disappointed, however, because few lean initiatives, in our experience, deliver the expected results. The near and longer-term impact on costs proves to be far less than expected, and any gains in efficiency prove to be either temporary or too limited in scope...
Money explains why a return to sound money is absolutely essential if the U.S. and other nations are ever to overcome today's problems. Stable money, Steve Forbes and Elizabeth Ames argue, is the only way to a true recovery and a stable and prosperous economy.
"Putting Sales at the Center of Strategy" by Frank Cespedes. "The Rise (and Likely Fall) of the Talent Economy" by Roger L. Martin. "Capture More Value" by Stefan Michel. "Profits at the Bottom of the Pyramid" by Erik Simanis.
The global economic chaos of the past five years has created a tremendous amount of distrust in government, social pressures on family and relationships and enormous financial losses for Average Americans. The recovery from this horrific period of economic transition into a new and very different economy of the 21st century will be felt for many more years.
Erik Simanis, a senior extension associate at Cornell University's Johnson School of Management, and Duncan Duke, an assistant professor of management at Ithaca College's School of Business, write about a new framework to help companies earn profits while pursuing socially beneficial ventures in low-income markets.
Roger L. Martin, the dean of the Rotman School of Management at the University of Toronto from 1998 to 2013, writes about how to rein in the dynamic that enriches executives and financiers - at everyone else's expenses.
Stefan Michel, a professor of marketing and service management at IMD, in Lausanne, Switzerland, writes about how a new framework can help businesses spot missed opportunities.
From the Chicago School: "This tale is thorough, thoughtful, even-handed, and highly readable. All economists, of whatever school, will find it both instructive and entertaining." - Milton FriedmanFrom the Austrian School:"In this upbeat tale of two schools, Skousen gives us a delightful blend of theory, history, and political science, and shows that there is much common ground and scope for development." - Roger W. Garrison
Welcome to Forbes for October 6, 2014 from Audible. This edition contains seven feature articles. In the cover story, we'll tell you about, "Finding Alibaba: How Jerry Yang Made the Most Lucrative Bet in Silicon Valley History" - Yahoo got the cash. Its bounced-out founder got the vindication. How the jackpot Alibaba deal went down on a casual beach stroll, and what Yang plans to do next as the Valley's new power broker to Asia.
From the Orwell Prize shortlisted author of Freedom for Sale, The Rich is the fascinating history of how economic elites from ancient Egypt to the present day have gained and spent their money. Starting with Ancient Egypt and Greece and culminating with the oligarchies of modern Russia and China, it compares and contrasts the rich and powerful down the ages and around the world. What unites them?
"The $3.2 Billion Man: Can Google's Newest Star Outsmart Apple?": Google is betting big on Nest CEO Tony Fadell. "Why Wendy's Wants to Conquer the Fast Food World With BBQ": Wendy's new artery-prodding menu stars BBQ pulled pork. "How Reebok Is Tackling One of the Sports World's Trickiest Problems": Reebok is on a quest to mitigate head injuries in young athletes. "Now Everyone Can Know What's in Their DNA": Counsyl is making genetic testing affordable, fast, and friendly. "Comedy is Getting Weirder": Tim and Eric are quietly redefining mainstream America's sense of humor.
Drawing upon his own experience and interviews with more than 99 companies, author Robert Sher runs through seven "silent growth killers" that plague midsized companies which, if not addressed, eventually cripple growth. Mighty Midsized Companies offers clear, tangible, actionable advice about dealing with these killers and growing despite them.
In This Changes Everything Naomi Klein argues that climate change isn't just another issue to be neatly filed between taxes and health care. It's an alarm that calls us to fix an economic system that is already failing us in many ways. Klein meticulously builds the case for how massively reducing our greenhouse emissions is our best chance to simultaneously reduce gaping inequalities, re-imagine our broken democracies, and rebuild our gutted local economies.
This final essay for an organizational behavior 300-level class explains the basic concepts involved with organizational behavior. Organizational behavior is extremely important to understand, because the behavior of a business's employees, customers, or suppliers can make or break the business. There are various main concepts that are important to identify when understanding an organization's behavior.
With Instaread Summaries, you can get the summary of a book in 30 minutes or less. We read every chapter, summarize and analyze it for your convenience. This is an Instaread Summary of Flash Boys: A Wall Street Revolt by Michael Lewis.
Welcome to Forbes for September 15th, 2014 from Audible. This edition contains seven feature articles. In the cover story, we'll tell you about, "Medicine's Manhattan Project: Can the World's Richest Doctor Fix Health Care?" Dr. Patrick Soon-Shiong is using a multi-billion-dollar war chest and massive amounts of data to fix health care and cure disease. His biggest enemy might be his own hype.
An acclaimed classic detailing the economic history of America in the late nineteenth and early twentieth centuries and exposing the capitalist giants who changed the world. Frederick Lewis Allen's insightful financial history of the United States - from the late 1800s through the stock market collapse of 1929 - remains a seminal work on what brought on America's worst economic disaster: the Great Depression.
Learn to find riches in many unknown places on the Internet!
William Lazonick, a professor of economics at the University of Massachusetts Lowell, writes about how executives are using massive stock buybacks to manipulate share prices and boost their own pay - at great cost to innovation and employment.
Few companies in history have ever been as successful and as admired as Google, the company that has transformed the Internet and become an indispensable part of our lives. How has Google done it? Veteran technology reporter Steven Levy was granted unprecedented access to the company, and in this revelatory book he takes listeners inside Google headquarters - the Googleplex - to explain how Google works.
Every new project (or job, or hobby, or company) starts out exciting and fun. Then it gets harder and less fun, until it hits a low point: really hard, and not much fun at all. And then you find yourself asking if the goal is even worth the hassle. Maybe you're in a Dip: a temporary setback that you will overcome if you keep pushing. But maybe it's really a Cul-de-Sac, which will never get better, no matter how hard you try.
"Can't beat a bit of Godin..."
The 10th edition of the long-established definitive guide to the EU. From its original six members (who formed the European Economic Community in 1957) what became the European Union had grown to 27 members in 2007, with several more candidates for membership standing in the wings.
Tower of Basel is the first investigative history of the world's most secretive global financial institution. Based on extensive archival research in Switzerland, Britain, and the United States, and in-depth interviews with key decision-makers including Paul Volcker, the former chairman of the US Federal Reserve; Sir Mervyn King, governor of the Bank of England; and former senior Bank for International Settlements managers and officials.
"Incredible story about the Bank no-one knows"
A book that is certain to spark controversy within the financial media and throughout the halls of government, The Coming Bond Market Collapse sounds a clarion call to investors, business leaders, and policymakers. Author Michael Pento, a noted adherent of the Austrian school of economics theories, compellingly argues that the United States is fast approaching the end stage of the biggest asset bubble in history.
The creation of the Mac, in 1984, catapulted America into the digital millennium, captured a fanatic cult audience, and transformed the computer industry into an unprecedented mix of technology, economics, and show business. Veteran technology writer and Newsweek senior editor Steven Levy zooms in on the great machine and the fortunes of the unique company responsible for its evolution. Loaded with anecdote and insight, and peppered with sharp commentary, Insanely Great is the definitive book on the most important computer ever made. It is a must-have for anyone curious about how we got to the interactive age.
Comparing Google to an ordinary business is like comparing a rocket to an Edsel. No academic analysis or bystanders account can capture it. Now Doug Edwards, Employee Number 59, offers the first inside view of Google, giving readers a chance to fully experience the bizarre mix of camaraderie and competition at this phenomenal company. I'm Feeling Lucky captures for the first time the unique, self-invented, yet profoundly important culture of the world's most transformative corporation.
"Interesting and insightful"
>An invaluable guide to arrive at better business decisions. We make decisions, and these decisions make us and our organisations. And in theory, decision-making should be easy: a problem is identified, the decision-makers generate solutions, and choose the optimal one - and powerful mathematical tools are available to facilitate the task. Yet if it is all so simple why do organisations, both private and public sector, keep making mistakes - the results of which are borne by shareholders, employees, taxpayers, and ultimately society at large?
A legendary CEO tells the inside story of building the world's largest insurance company-and the dramatic tale of its near-destruction after he left in early 2005, as successors transformed AIG and drove it to the center of the financial crisis of 2008. The AIG Story captures an impressive saga in business history-one of innovation, vision and leadership at a company that was nearly destroyed with a few strokes of governmental pens.
It was a world gone wrong, one in which manufacturers thought little of manipulating product quality levels in order to save the smallest amounts, where savvy foreign business leaders were made to feel in control while they were taken for a ride by their partners, where entire manufacturing facilities sometimes vanished right into thin air... Welcome to Poorly Made in China!
"Unusual and thought provoking...!"
A best seller on both sides of the Atlantic, Fool's Gold is a key commentary on the causes of the recent financial crisis. Taking readers back to the invention of credit-derivative obligations (CDOs) at J. P. Morgan in 1994, and the subsequent exponential growth of that market, Tett explains how credit derivatives seemed a win-win for the financial world, freeing up capital, increasing profits, and diversifying risk.
"Very revealing of corporate greed"
Most people regard tax havens as being relevant only to celebrities, crooks and spivs, and mistakenly believe that the main offshore problems are money laundering and terrorist financing. These are only small parts of the whole picture. The offshore system has been (discreetly) responsible for the greatest ever shift of wealth from poor to rich. It also undermines our democracies by offering the wealthiest members of society escape routes from normal democratic controls.
"To pay, or not to pay tax ...?"
China's economic growth is sputtering, the Euro is under threat, and the United States is combating serious trade disadvantages. Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies.
Social media has moved on: It's not enough to just be engaging your customers in fun chit-chat, now you can sell to them directly through their favourite social media platform. ASOS, the fashion website, has just set up a commerce site on Facebook and people are scrambling to follow in their footsteps. No longer do you have the nightmare of dragging people from their social networking site to your homepage - you can get them buying right where they are!
In Soul Trader, life and business coach Rasheed Ogunlaru encourages entrepreneurs to focus their energy away from the deadlines and demands of running a company in order to connect with the personal mission, values and passion that inspired the business in the first place. In doing so, Ogunlaru argues that you can create a 'stand out from the crowd' business that enriches both financially and emotionally.