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Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals. 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 labor. But historian Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential backstory behind...
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An instant New York Times and Wall Street Journal bestseller from one of the world’s leading economists, offering a grand narrative of the century that made us richer than ever, but left us unsatisfied
“A magisterial history.”—Paul Krugman
Named a Best Book of 2022 by Financial Times * Economist * Fast Company
Before 1870, humanity lived in dire poverty,...
“A magisterial history.”—Paul Krugman
Named a Best Book of 2022 by Financial Times * Economist * Fast Company
Before 1870, humanity lived in dire poverty,...
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Before the 1960s, professional economists played little role in American politics. As Binyamin Appelbaum shows in this masterful work of history, when the post-World War II boom began to sputter, economists rose in influence and power. Over the past half-century, they have moved to center stage, running the Federal Reserve and the Treasury, overseeing federal regulation, advising presidents to cut taxes and to restrain government spending. From the...
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Generally regarded as the most influential social science treatise of the 20th century, this work by legendary economist John Maynard Keynes is relevant reading even today for anyone who wants to understand international economics and foreign affairs. First published in 1919, The Economic Consequences of the Peace created an intense and immediate controversy for its brazen criticism of world leaders and the Treaty of Versailles that ended World War...
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"Economists have long based their forecasts on financial aggregates such as price-earnings ratios, asset prices, and exchange rate fluctuations, and used them to produce statistically informed speculations about the future--with limited success. Robert Shiller employs such aggregates in his own forecasts, but has famously complemented them with observations about the influence of mass psychology on certain events. This approach has come to be known...
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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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"From the author of 1491--the best-selling study of the pre-Columbian Americas--a deeply engaging new history that explores the most momentous biological event since the death of the dinosaurs. More than 200 million years ago, geological forces split apart the continents. Isolated from each other, the two halves of the world developed totally different suites of plants and animals. Columbus's voyages brought them back together--and marked the beginning...
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""Bold, provocative...illuminates why we're having fewer babies, the middle class is stagnating, unemployment is shifting, and new powers are rising." - Adam Grant The world you know is about to end-will you be prepared for what comes next? A groundbreaking analysis from one of the world's foremost experts on global trends. Once upon a time, the world was neatly divided into prosperous and backward economies. Babies were plentiful, workers outnumbered...
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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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In "Ill Fares The Land," Tony Judt, one of our leading historians and thinkers, reveals how we have arrived at our present dangerously confused moment and offers the language we need to address our common needs, rejecting the nihilistic individualism of the far right and the debunked socialism of the past. To find a way forward, Judt argues that we must look to our not so distant past and to social democracy in action: to re-enshrining fairness over...
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Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography, or perhaps ignorance of the right policies? Simply, no. None of these factors is either definitive or destiny. In this book the authors show that it is man-made political and economic institutions that underlie economic success (or lack of it). Based on fifteen years of original research, they marshall...
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