4 min read ⌚ Governance and World Order in the Twenty-first Century During the twentieth century, many people experimented upon state power. On one hand totalitarian countries dominated the economy, and on the other hand, states started deregulating processes. By the beginning of the 21st century, neoliberalism was the “new thing.” Who Should Read “State Building”? […]
Category: Economics
Origins of the Crash Summary
5 min read ⌚ The Great Bubble and its Undoing From the end of the 20s until the beginning of the 80s, stocks were not a concern of most ordinary people. The great crash of 1929 brought forth the need to implement financial reforms. Who Should Read “Origins of the Crash”? And Why? “Origins of the […]
Money for Nothing Summary
5 min read ⌚ Real Wealth, Financial Fantasies and the Economy of the Future Creating real wealth and a successful country has always asked for hard work. Who Should Read “Money for Nothing”? And Why? Ten or so years ago, Roger Bootle accurately predicted an extended period of low inflation. Using this credibility, he writes about […]
Money and Power Summary
4 min read ⌚ The History of Business Money and power have always been a deadly combination. The very beginning of businesses brought a new meaning to the term – power. The companies have evolved: The small companies adopted a unique perspective and grew. Who Should Read “Money and Power”? And Why? Many organizations in the […]
The Equity Culture Summary
5 min read ⌚ The Story of the Global Stock Market As market trading had its ups and downs throughout history, counter-effects emerged: people learned the impact of risk, the probability of its arising, and evaluation of side-effects. Who Should Read “The Equity Culture”? And Why? Many quotes and examples from renowned market theorists, such as […]
The Cigarette Century Summary
5 min read ⌚ The Rise, Fall, and Deadly Persistence of the Product That Defined America Tobacco’s road: how cigarettes have influenced the everyday life, affected the social development, economics, culture and most importantly the health of the American people. Who Should Read “The Cigarette Century”? And Why? “The Cigarette Century” is a fascinating, unusual book […]
In An Uncertain World Summary
5 min read ⌚ Tough Choices from Wall Street to Washington The science of “Uncertainty” with all its attributes from the Former Treasury Secretary Robert Rubin’s point of view. A book which covers his White House days: the variability of the U.S and world’s economy. Who Should Read “In An Uncertain World”? And Why? U.S. history […]
The Snowball Summary
5 min read ⌚ Warren Buffett and the Business of Life The fascinating bio of Warren Buffett has one particular picture which stands out from the rest: a portrait of a child playing with its favorite toy – a moneychanger. We put in a nutshell Warren’s amazing endeavors and his route of becoming one of the […]
Happiness Summary
5 min read ⌚ Lessons from a New Science Speaking of Happiness will always be a topic that can cause an stress and anxiety. If you haven’t got a clue on how to reach it, stick with us! Who Should Read “Happiness”? And Why? Each individual differently understands happiness, it all depends on you. Richard Layard […]
Top Economics Books
11 min read ⌚ In 1849, the Scottish philosopher and historian Thomas Carlyle coined the phrase “the dismal science” to describe economics. His contemporary, John Stuart Mill, loudly contested Carlyle’s views, expressing his optimism that economics has the best shot of all human endeavors to actually make us better people. And like it or hate it, […]
