4 min read ⌚ Some hail it as the future; others warn that it may be the newest economic bubble. Either way, few people haven’t heard of bitcoin by now. In this May 2008 FRBSF Economic Report, authors Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak and Patrick Shultz take a careful look at “How Futures Trading Changed […]
Category: Economics
The Accidental Investment Banker Summary
5 min read ⌚ Inside the Decade that Transformed Wall Street Want to learn more about investment banking? Interested to find out more about its fabulous past and its speculative present? Then delve inside the decade that transformed Wall Street – the 1990s. With Jonathan A. Knee, the “The Accidental Investment Banker.” Who Should Read “The […]
A Short History of Financial Euphoria Summary
7 min read ⌚ Ready for a new speculative bubble? Because as John Kenneth Galbraith’s “A Short History of Financial Euphoria” demonstrates, if there’s one thing history has taught us it’s that there will surely be one very soon. Read ahead to find out why. Who Should Read “A Short History of Financial Euphoria”? And Why? In […]
Applied Economics Summary
7 min read ⌚ Thinking Beyond Stage One Should politicians meddle with the economy? And is economics truly “the dismal science”? Thomas Sowell tries to answer these questions by thinking beyond stage one in his exceptionally well received “Applied Economics.” Who Should Read “Applied Economics”? And Why? Whether you like it or not, economics and politics […]
Trade War Brewing? Summary
3 min read ⌚ World Trade in 2018 Evidently, the battlefield is now remodeled to serve the purposes of the New Era. Two Major Superpowers are on the brink of full-scale Trade War that can shape the course of the economic future. Let’s find out what makes this warfare so unique. Who Should Read “Trade War […]
A Farewell to Alms Summary
7 min read ⌚ A Brief Economic History of the World Have you ever wondered why some nations are rich and others poor? Or, say, why some of the latter can’t get out of poverty regardless of their systems or the number of benevolent outside interventions? Well, Gregory Clark has – and for most of his […]
Driving the Sustainability of Production Systems with Fourth Industrial Revolution Innovation PDF
6 min read ⌚ One can’t be blamed for feeling that the Third Industrial Revolution barely started yesterday, and the World Economic Forum says we are already in the midst of another one. The goal of this one? “Driving the Sustainability of Production Systems with Innovation.” Who Should Read “Driving the Sustainability of Production Systems with […]
The Return of Depression Economics and the Crisis of 2008 Summary
6 min read ⌚ As its title implies, “The Return of Depression Economics and the Crisis of 2008″ is essentially an update of Paul Krugman’s decade younger book, “The Return of Depression Economics.” Now taking into account the 2008 financial crisis, Paul Krugman is once again at his best investigating what drives economic growth and what […]
The Truth About Your Future Summary
5 min read ⌚ The Money Guide You Need Now, Later, and Much Later Work now, money later, right? Well, not quite! The future is not so predictable anymore. The exponential concept is really threatening to destroy different mindsets and notions collected through the ages. In this book summary, you’ll get introduced to a relatively new […]
The New Financial Order Summary
5 min read ⌚ Risk in the Twenty-First Century Over the course of thousands of years, people did everything in their power to minimize the risks. Consciously or unconsciously, we strive to create a better living space, in which we can then indulge in leisure activities. To do so, you have to take every potential financial […]
