World Economics

From the best-selling authors of The Right Nation, a visionary argument that our current crisis in government is nothing less than the fourth radical transition in the history of the nation-state. Dysfunctional government: It' s become a cliché, and most of us are resigned to the fact that nothing is ever going to change. As John Micklethwait and Adrian Wooldridge show us, that is a seriously limited view of things. In fact, there have been three great revolutions in government in the history of the modern world.

In one lifetime GDP, or gross domestic product, has ballooned from a narrow economic tool into a global article of faith. It is our universal yardstick of progress. As The Little Big Number demonstrates, this spells trouble. While economies and cultures measure their performance by it, GDP ignores central facts such as quality, costs, and purpose.

Did you know that subsidized goods often cost us more than we'd pay for them in the free market? In fact, we sometimes pay for goods that will never exist at all. It turns out that the free market in America is anything but. How did a system designed to safeguard American farmers turn into the nation's biggest scam?Most of us don't know what subsidies are and don't think they affect us directly, so we tune out. But they have an enormous impact on all of us.

Free market capitalism is one of humanity's greatest inventions, and the greatest source of prosperity the world has ever seen. But it's also on the verge of destroying the planet and destabilising society in its single-minded pursuit of maximising shareholder value. Rebecca Henderson, McArthur University Professor at Harvard University, argues for a new framework; one that can simultaneously make a positive societal impact while also delivering sustained financial performance.

Facebook's founding is legend: In a Harvard dorm, wunderkind Mark Zuckerberg invented a new way to connect with friends...and the rest is history. But for the people who actually molded this great idea into a game-changing $300 billion company, the experience was far more tumultuous and uncertain than we might expect. Mike Hoefflinger was one of those Facebook insiders.

Billions of dollars stolen from citizens are circling the globe, enriching powerful individuals, altering political outcomes, and disadvantaging everyday people. News headlines provide glimpses of how this corruption works and why it matters: President Trump's businesses struck deals with oligarchs and sold property to secretive shell companies; the Panama Papers leak triggered investigations in 79 countries; and corruption scandals toppled heads of state in Brazil, South Africa, and South Korea. But how do these pieces fit together?

The World Is Curved reveals how today's risky environment came to be - and why the mortgage mess is a symptom of potentially far more devastating trouble. He wrestles with the two questions on everyone's mind: How bad could things really get in today's volatile economy? And what can we do about it?

From Wall Street to the West Coast, from blue-collar billionaires to blue-blood fortunes, from the Google guys to hedge fund honchos, All the Money in the World gives us the lowdown on, among other things: the all-time richest Americans, who made and lost the most money in the past 25 years, the fields and industries that have produced the greatest wealth, the biggest risk takers, the most competitive players, the most wasteful family feuds, the trophy wives.

Gross domestic product is failing. For decades it has rewarded environmental destruction and obscured inequality. Its formula can be - and has been - gamed to the detriment of developing countries. In this powerfully argued book, now updated with a new chapter, science writer Ehsan Masood shows how GDP fell from the path envisaged by its architects, and how its long-term misapplication has kept large parts of the world in poverty, while helping accelerate global warming and biodiversity loss.

Uber, Airbnb, Lyft, and Waze are examples of a whole generation of new companies taking the world by storm. Using data, analytics, and the sharing economy, they come out of nowhere to take over industries once dominated by huge companies. How do they cause such disruption? How do they take their new business models and jerk entire industries in a year or two? In Jerk: Twelve Steps to Rule the World award-winning author Christopher Surdak explains how these companies do what they do, why they are successful, and why their rise to dominance may be inevitable.

In the past 30 years, China has transformed from an impoverished country where peasants comprised the largest portion of the populace to an economic power with an expanding middle class and more megacities than anywhere else on Earth. This remarkable transformation has required, and will continue to demand, massive quantities of resources. Like every other major power in modern history, China is looking outward to find them.

Today’s major technology companies - Google, Facebook, Amazon, Tesla, and others - wield more power than national governments. In this comprehensive, engaging, and prescriptive audiobook, Alexis Wichowski considers their growing and unavoidable influence in our lives, showing in eye-opening detail how these net states are conquering countries, disrupting reality, and jeopardizing our future - and what we can do to regulate and reform the industry before it does irreparable harm to the way we think, how we act, and how we’re governed.

Thomas Piketty's work has proved that unfettered markets lead to increasing inequality. Without meaningful regulation, capitalist economies will concentrate wealth in an ever smaller number of hands. Armed with this knowledge, democratic societies face a defining challenge: fending off a new aristocracy. For years Piketty has wrestled with this problem in his monthly newspaper column, which pierces the surface of current events to reveal the economic forces underneath.

From the development of international trade fairs in the 12th century to the innovations made in China, India, and the Arab world, it turns out that historical economies were much more sophisticated that we might imagine, tied together by webs of credit and financial instruments much like our modern economy.

In the wake of the 2008 financial crash, Daniel W. Drezner, like so many others, looked at the smoking ruins of the global economy and wondered why global economic governance structure had failed so spectacularly, and what could be done to reform them in the future. But then a funny thing happened. As he surveyed their actions in the wake of the crash, he realized that the evidence pointed to the exact opposite conclusion: global economic governance had succeeded.

"Economics for a Changing World: Shaping the Future of Global Prosperity" is a comprehensive exploration of modern economics, offering valuable insights into key concepts, theories, and policy implications. Covering both macroeconomic and microeconomic perspectives, the book addresses fundamental principles such as monetary policy, inflation, and unemployment, while also delving into topics like interest rates and statistics to provide analytical tools for navigating economic phenomena. Readers will gain an understanding of the role of financial institutions in shaping economic outcomes, ...

Thirsty Dragon lays bare the untold story of how an influx of Chinese money rescued France's most venerable wine region from economic collapse and how the result was a series of misunderstandings and crises that threatened the delicate infrastructure of Bordeaux insular wine trade.

It took a while for the vital myth-shattering ideas of Galileo, Bruno, and Copernicus to spread. We find ourselves in a similar situation. Whether homo sapiens ultimately self-destroys in another tribalistic world war, Socialist revolution, environmental disaster, or CovidMania-like self-mutilating economic lockdowns, it will all come down to whether the ideas of the ‘The Austrian School of Economics’ reach leaders in time. If you know where to look you can easily see how the vital wisdom of ‘The Austrians’ is spreading. Via his 2008 and 2012 presidential campaigns, former US ...

Fruto del espectacular avance de la ciencia en los últimos decenios, la globalización está transformando de forma radical el orden social y económico del siglo XXI. En un mundo más pequeño y conectado, el progreso y el bienestar llegan hasta el último rincón del planeta, rescatando de la miseria a cientos de millones de personas. Sin embargo, la nueva economía virtual, sumada a la progresiva sustitución del trabajo humano por robots y computadoras, ha generado también un incremento de la desigualdad de tal dimensión que preocupa incluso a quienes no la padecen.

In 1784, when Americans first voyaged to China, they confronted Chinese authorities who were unaware that the United States even existed. Nevertheless, a long, complicated, and fruitful trade relationship was born after American traders, missionaries, diplomats, and others sailed to China with lofty ambitions: to acquire fabulous wealth, convert China to Christianity, and even command a Chinese army. In America's First Adventure in China, John Haddad provides a colourful history of the evolving cultural exchange and interactions between these countries.