4 min read ⌚ Reflections on Physics and Finance A large portion of the population will easily agree that nowadays, it’s hard to find the “voice of reason” or guidance. Emanuel Derman sacrifices his privacy and shares some amazing insights and ideas that are definitely worthy of your time. This book summary emphasizes the value […]
Category: Economics
13 Bankers Summary
4 min read ⌚ The Wall Street Takeover and the Next Financial Meltdown At this moment, when you think of the American financial power you are thinking of a synonym of America’s big banks. However, that was not always the case. Even before he became president, Thomas Jefferson was careful about big banks. Who Should Read […]
Too Big to Fail Summary
5 min read ⌚ The Inside Story of How Wall Street and Washington Fought to Save the Financial System–and Themselves Are you afraid of failure? – Well, you shouldn’t be if you have all the rightful tools. This is a book for experts, a real step-by-step guide, and analyses of how Paulson, Geithner, Dimon, and Fuld […]
And the Money Kept Rolling In (and Out) Summary
4 min read ⌚ Wall Street, the IMF, and the Bankrupting of Argentina At the outset of the 20th century, Argentina was one of the wealthiest nations in the world and appeared to be on the right path to lasting prosperity. However, as it usually happens with things that are “too good, too fast,” the nation […]
Hot, Flat, and Crowded Summary
4 min read ⌚ Why the World Needs a Green Revolution – and How We Can Renew Our Global Future The population nowadays is seven times bigger than it was in 1800. To be more precise, the global human population increases by 75 million annually. Demographers estimate that the total population will probably be nine million […]
Empire of Debt Summary
5 min read ⌚ The Rise of an Epic Financial Crisis The twentieth century proved prosperous for the U.S. economy, which became the most significant and the fastest growing economy in the world. During his governing, Roosevelt flirted with the idea of territorial expansion, and by 1917, President Wilson was getting ready to enter the WWI. […]
In Spite of the Gods Summary
4 min read ⌚ The Rise of Modern India To begin with, the transformation is perhaps the most challenging part. Witnessing comes secondary. Who Should Read “In Spite of the Gods”? And Why? Its spiritual path is probably the most significant indicator of India’s culture and technological development. However, even religiousness comes at a price. “In […]
A Splendid Exchange Summary
5 min read ⌚ How Trade Shaped the World Nowadays people are used to buying goods from other states, no matter how far they are. Foreign trading has always been a part of human’s lives and played an essential role in society’s development. Who Should Read “A Splendid Exchange”? And Why? For instance, he demystifies the […]
Hot Commodities Summary
5 min read ⌚ How Anyone Can Invest Profitably in the World Amid the peak of the 1920s, prices of shares kept increasing, before people could envision the lingering of the Great Depression. Who Should Read “Hot Commodities”? And Why? You don’t need to be extensively educated in these matters to forecast China’s insatiable appetite for […]
The End of Food Summary
4 min read ⌚ The Coming Crisis in the World Food Industry During their evolution, humankind has habituated to meat-based diet as a primary energy source. They have managed to grow corn, wheat, and rice. Who Should Read “The End of Food”? And Why? Customers get their food from advanced distribution infrastructure. Cheap food is just […]
