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The Fifth Risk
by Michael Lewis

Language

English

Pages

221

Publication Date

October 02, 2018

Product Description
Customer Reviews
<p><strong><em>New York Times</em> Bestseller<br /><br /><br /><br />What are the consequences if the people given control over our government have no idea how it works?</strong></p><br /><p>"The election happened," remembers Elizabeth Sherwood-Randall, then deputy secretary of the Department of Energy. "And then there was radio silence." Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace. Some even threw away the briefing books that had been prepared for them.</p><br /><p>Michael Lewis’s brilliant narrative takes us into the engine rooms of a government under attack by its own leaders. In Agriculture the funding of vital programs like food stamps and school lunches is being slashed. The Commerce Department may not have enough staff to conduct the 2020 Census properly. Over at Energy, where international nuclear risk is managed, it’s not clear there will be enough inspectors to track and locate black market uranium before terrorists do.</p><br /><p>Willful ignorance plays a role in these looming disasters. If your ambition is to maximize short-term gains without regard to the long-term cost, you are better off not knowing those costs. If you want to preserve your personal immunity to the hard problems, it’s better never to really understand those problems. There is upside to ignorance, and downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview.</p><br /><p>If there are dangerous fools in this book, there are also heroes, unsung, of course. They are the linchpins of the system—those public servants whose knowledge, dedication, and proactivity keep the machinery running. Michael Lewis finds them, and he asks them what keeps them up at night.</p>
Big Debt Crises
by Ray Dalio

Language

English

Pages

Publication Date

September 10, 2018

Product Description
Customer Reviews
<i>“Ray Dalio’s excellent study provides an innovative way of thinking about debt crises and the policy response.” <b>- Ben Bernanke</b><br /><br />“Ray Dalio’s book is must reading for anyone who aspires to prevent or manage through the next financial crisis.” <b>- Larry Summers</b><br /><br />“A terrific piece of work from one of the world’s top investors who has devoted his life to understanding markets and demonstrated that understanding by navigating the 2008 financial crisis well.” <b>- Hank Paulson</b><br /><br />“An outstanding history of financial crises, including the devastating crisis of 2008, with a very valuable framework for understanding why the engine of the financial system occasionally breaks down, and what types of policy actions by central banks and governments are necessary to resolve systemic financial crises. This should serve as a play book for future policy makers, with practical guidance about what to do and what not to do.” <b>- Tim Geithner</b></i><br /><br />“Dalio’s approach, as in his investment management, is to synthesize information, and to convert a sprawling and multi-faceted issue into a clear-cut process of cause and effect. Critically, he simplifies without over-simplifying.” <b> - Financial Times</b></i><br /><br /><b> For the 10th anniversary of the 2008 financial crisis, one of the world’s most successful investors, Ray Dalio, shares his unique template for how debt crises work and principles for dealing with them well. This template allowed his firm, Bridgewater Associates, to anticipate events and navigate them well while others struggled badly.</b><br /><br />As he explained in his #1 New York Times Bestseller, <i>Principles: Life & Work</i>, Dalio believes that most everything happens over and over again through time so that by studying their patterns one can understand the cause-effect relationships behind them and develop principles for dealing with them well. In this 3-part research series, he does that for big debt crises and shares his template in the hopes reducing the chances of big debt crises happening and helping them be better managed in the future.<br /><br />The template comes in three parts provided in three books: 1) The Archetypal Big Debt Cycle (which explains the template), 2) 3 Detailed Cases (which examines in depth the 2008 financial crisis, the 1930’s Great Depression, and the 1920’s inflationary depression of Germany’s Weimar Republic), and 3) Compendium of 48 Cases (which is a compendium of charts and brief descriptions of the worst debt crises of the last 100 years). Whether you’re an investor, a policy maker, or are simply interested, the unconventional perspective of one of the few people who navigated the crises successfully, <i>Principles for Navigating Big Debt Crises</i> will help you understand the economy and markets in revealing new ways.<br />
Fooled by Randomness: The Hidden Role of Chance in Life and in th...
by Nassim Nicholas Taleb

Language

English

Pages

368

Publication Date

October 06, 2008

Product Description
Customer Reviews
<b><i>Fooled by Randomness </i>is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are <i>The Black Swan, Antifragile, Skin in the Game, </i>and <i>The Bed of Procrustes</i>.</b><br /><br /><i>Fooled by Randomness</i> is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and <i>New York Times</i> bestselling author of <i>The Black Swan</i>–has written a modern classic that turns on its head what we believe about luck and skill.<br /><br /> This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–<i>Fooled by Randomness</i> provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives.<br /><br /> The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness.<br /><br /> However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance.<br /><br /> Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading <i>Fooled by Randomness</i> we can be a little better prepared.<br /><br /> <b>Named by Fortune One of the Smartest Books of All Time<br /><br /> A Financial Times Best Business Book of the Year</b>
AI Superpowers: China, Silicon Valley, and the New World Order
by Kai-Fu Lee

Language

English

Pages

272

Publication Date

September 25, 2018

Product Description
Customer Reviews
<DIV><B>THE </B><I><B>NEW YORK TIMES</B></I><B>, </B><I><B>USA TODAY</B></I><B>, AND </B><I><B>WALL STREET JOURNAL</B></I><B> BESTSELLER</B><BR /><BR /><B>Dr. Kai-Fu Lee—one of the world’s most respected experts on AI and China—reveals that China has suddenly caught up to the US at an astonishingly rapid and unexpected pace.  </B><BR /><BR /> In <I>AI Superpowers</I>, Kai-fu Lee argues powerfully that because of these unprecedented developments in AI, dramatic changes will be happening much sooner than many of us expected. Indeed, as the US-Sino AI competition begins to heat up, Lee urges the US and China to both accept and to embrace the great responsibilities that come with significant technological power. Most experts already say that AI will have a devastating impact on blue-collar jobs. But Lee predicts that Chinese and American AI will have a strong impact on white-collar jobs as well. Is universal basic income the solution? In Lee’s opinion, probably not.  But he provides  a clear description of which jobs will be affected and how soon, which jobs can be enhanced with AI, and most importantly, how we can provide solutions to some of the most profound changes in human history that are coming soon.</DIV>
American Prison: A Reporter's Undercover Journey into the Busines...
by Shane Bauer

Language

English

Pages

366

Publication Date

September 18, 2018

Product Description
Customer Reviews
<b><b><i>New York Times Book Review</i> 10 Best Books of 2018</b><br /><br />A <i>New York Times</i> Notable Book <br /><br />A ground-breaking and brave inside reckoning with the nexus of prison and profit in America: in one Louisiana prison and over the course of our country's history.</b><br /><br />In 2014, Shane Bauer was hired for $9 an hour to work as an entry-level prison guard at a private prison in Winnfield, Louisiana. An award-winning investigative journalist, he used his real name; there was no meaningful background check. Four months later, his employment came to an abrupt end. But he had seen enough, and in short order he wrote an exposé about his experiences that won a National Magazine Award and became the most-read feature in the history of the magazine <i>Mother Jones.</i> Still, there was much more that he needed to say. In <i>American Prison</i>, Bauer weaves a much deeper reckoning with his experiences together with a thoroughly researched history of for-profit prisons in America from their origins in the decades before the Civil War. For, as he soon realized, we can't understand the cruelty of our current system and its place in the larger story of mass incarceration without understanding where it came from. Private prisons became entrenched in the South as part of a systemic effort to keep the African-American labor force in place in the aftermath of slavery, and the echoes of these shameful origins are with us still.<br /><br />The private prison system is deliberately unaccountable to public scrutiny. Private prisons are not incentivized to tend to the health of their inmates, or to feed them well, or to attract and retain a highly-trained prison staff. Though Bauer befriends some of his colleagues and sympathizes with their plight, the chronic dysfunction of their lives only adds to the prison's sense of chaos. To his horror, Bauer finds himself becoming crueler and more aggressive the longer he works in the prison, and he is far from alone. <br /><br />A blistering indictment of the private prison system, and the powerful forces that drive it, <i>American Prison </i>is a necessary human document about the true face of justice in America.
Life After Google: The Fall of Big Data and the Rise of the Block...
by George Gilder

Language

English

Pages

256

Publication Date

July 17, 2018

Product Description
Customer Reviews
<b>A <i>FINANCIAL TIMES</i> BOOK OF THE MONTH</b><BR> <BR> <b>FROM THE WALL STREET JOURNAL: </b><B>"</B><B>Nothing Mr. Gilder says or writes is ever delivered at anything less than the fullest philosophical decibel..</B>. <b>Mr. Gilder sounds less like a tech guru than a poet, and his words tumble out in a romantic cascade."</b><BR> <BR> <b>“Google’s algorithms assume the world’s future is nothing more than the next moment in a random process. George Gilder shows how deep this assumption goes, what motivates people to make it, and why it’s wrong: the future depends on human action.” — Peter Thiel, founder of PayPal and Palantir Technologies and author of Zero to One: Notes on Startups, or How to Build the Future</b><BR> <BR> The Age of Google, built on big data and machine intelligence, has been an awesome era. But it’s coming to an end. In Life after Google, George Gilder—the peerless visionary of technology and culture—explains why Silicon Valley is suffering a nervous breakdown and what to expect as the post-Google age dawns.<BR> <BR> Google’s astonishing ability to “search and sort” attracts the entire world to its search engine and countless other goodies—videos, maps, email, calendars….And everything it offers is free, or so it seems. Instead of paying directly, users submit to advertising. The system of “aggregate and advertise” works—for a while—if you control an empire of data centers, but a market without prices strangles entrepreneurship and turns the Internet into a wasteland of ads.<BR> <BR> The crisis is not just economic. Even as advances in artificial intelligence induce delusions of omnipotence and transcendence, Silicon Valley has pretty much given up on security. The Internet firewalls supposedly protecting all those passwords and personal information have proved hopelessly permeable.<BR> <BR> The crisis cannot be solved within the current computer and network architecture. The future lies with the “cryptocosm”—the new architecture of the blockchain and its derivatives. Enabling cryptocurrencies such as bitcoin and ether, NEO and Hashgraph, it will provide the Internet a secure global payments system, ending the aggregate-and-advertise Age of Google.<BR> <BR> Silicon Valley, long dominated by a few giants, faces a “great unbundling,” which will disperse computer power and commerce and transform the economy and the Internet.<BR> <BR> Life after Google is almost here.<BR> <BR>  <BR> <BR> <i>For fans of "Wealth and Poverty," "Knowledge and Power," and "The Scandal of Money." </i>
Winners Take All: The Elite Charade of Changing the World
by Anand Giridharadas

Language

English

Pages

276

Publication Date

August 28, 2018

Product Description
Customer Reviews
<b>An insider's groundbreaking investigation of how the global elite's efforts to "change the world" preserve the status quo and obscure their role in causing the problems they later seek to solve.</b><br /><br />Former <i>New York Times</i> columnist Anand Giridharadas takes us into the inner sanctums of a new gilded age, where the rich and powerful fight for equality and justice any way they can--except ways that threaten the social order and their position atop it. We see how they rebrand themselves as saviors of the poor; how they lavishly reward "thought leaders" who redefine "change" in winner-friendly ways; and how they constantly seek to do more good, but never less harm. We hear the limousine confessions of a celebrated foundation boss; witness an American president hem and haw about his plutocratic benefactors; and attend a cruise-ship conference where entrepreneurs celebrate their own self-interested magnanimity. <br /><br />Giridharadas asks hard questions: Why, for example, should our gravest problems be solved by the unelected upper crust instead of the public institutions it erodes by lobbying and dodging taxes? He also points toward an answer: Rather than rely on scraps from the winners, we must take on the grueling democratic work of building more robust, egalitarian institutions and truly changing the world. A call to action for elites and everyday citizens alike.
The Once and Future Worker: A Vision for the Renewal of Work in A...
by Oren Cass

Language

English

Pages

254

Publication Date

November 13, 2018

Product Description
Customer Reviews
<div>“[Cass’s] core principle—a culture of respect for work of all kinds—can help close the gap dividing the two Americas….” – William A. Galston, The Brookings Institution <br /><br /> The American worker is in crisis. Wages have stagnated for more than a generation. Reliance on welfare programs has surged. Life expectancy is falling as substance abuse and obesity rates climb.<br /><br /> These woes are not the inevitable result of irresistible global and technological forces. They are the direct consequence of a decades-long economic consensus that prioritized increasing consumption—regardless of the costs to American workers, their families, and their communities. Donald Trump’s rise to the presidency focused attention on the depth of the nation’s challenges, yet while everyone agrees something must change, the Left’s insistence on still more government spending and the Right’s faith in still more economic growth are recipes for repeating the mistakes of the past.<br /><br /> In this groundbreaking re-evaluation of American society, economics, and public policy, Oren Cass challenges our basic assumptions about what prosperity means and where it comes from to reveal how we lost our way. The good news is that we can still turn things around—if the nation’s proverbial elites are willing to put the American worker’s interests first.<br /><br /> Which is more important, pristine air quality, or well-paying jobs that support families? Unfettered access to the cheapest labor in the world, or renewed investment in the employment of Americans? Smoothing the path through college for the best students, or ensuring that every student acquires the skills to succeed in the modern economy? Cutting taxes, expanding the safety net, or adding money to low-wage paychecks?<br /><br /> The renewal of work in America demands new answers to these questions. If we reinforce their vital role, workers supporting strong families and communities can provide the foundation for a thriving, self-sufficient society that offers opportunity to all. </div>
The Systems Thinker: Essential Thinking Skills For Solving Proble...
by Albert Rutherford

Language

English

Pages

338

Publication Date

September 22, 2018

Product Description
Customer Reviews
<h2>Find the optimal solutions to your problems. Gain a deep understanding of the “what, why, how, when, how much” questions of your life. </h2><br />Become a <i>Systems Thinker</i> and discover how to approach your life from a completely new perspective.<br /><br />What is systems thinking? Put it simply, thinking about how things interact with one another. <br /><br />Why should this matter to you? Because you are a system. You are a part of smaller and larger systems – your community, your country, your species. Understanding your role within these systems and <b>how these systems affect, hinder, or aid the fulfillment of your life can lead you to better answers about yourself and the world.</b><br /><br />Information is the most precious asset these days. Evaluating that information correctly is almost priceless. Systems thinkers are some of the bests in collecting and assessing information, as well as creating impactful solutions in any context.<br /><br /><i>The Systems Thinker</i> will help you to <u>implement systems thinking at your workplace, human relations, and everyday thinking habits. </u><br /><br />Boost your observation and analytical skills to find the real triggers and influencing forces behind contemporary politics, economics, health, and education changes. <br /><br />Systems thinking <b>clears your vision</b> by teaching you not only to find the differences between the elements but also the similarities. This bi-directional analyzing ability will give you a more complex worldview, deeper understanding of problems, and thus better solutions.<br /><br />The car stopped because its tank is empty – so it needs gas. Easy problem, easy solution, right? But could you explain just as easily why did the price of gas raise with 5% the past month? After becoming a systems thinker, you’ll be able to answer that question just as easily.<br /><br /><h2>Change your thoughts, change your results.</h2> <br />•What are the main elements, questions and methods of thinking in systems?<br />•<b>The most widely used systems archetypes, maps, models, and analytical methods.</b><br />•Learn to identify and provide solutions even the most complex system problems.<br />•<b>Deepen your understanding about human motivation with systems thinking.</b><br /><br />The past fifty years brought so many changes in our lives. The world has become more interconnected than ever. Old rules can’t explain the new world anymore. But systems thinking can. Embrace systems thinking and <b>become a master of analytical, critical, and creative thinking. </b><br />
The Radium Girls: The Dark Story of America's Shining Women
by Kate Moore

Language

English

Pages

496

Publication Date

April 18, 2017

Product Description
Customer Reviews
<p><strong>A<em> New York Times</em>, <em>USA Today, </em>and<em> Wall Street Journal</em> Bestseller!</strong><br /><strong>Emma Watson's Our Shared Shelf Bookclub Selection - May/June 2018 </strong></p><p>"<strong>the glowing ghosts of the radium girls haunt us still</strong>."—NPR Books </p><p><em>The incredible true story of the women who fought America's Undark danger</em></p><p>The Curies' newly discovered element of radium makes gleaming headlines across the nation as the fresh face of beauty, and wonder drug of the medical community. From body lotion to tonic water, the popular new element shines bright in the otherwise dark years of the First World War.</p><p>Meanwhile, hundreds of girls toil amidst the glowing dust of the radium-dial factories. The glittering chemical covers their bodies from head to toe; they light up the night like industrious fireflies. With such a coveted job, these "shining girls" are the luckiest alive — until they begin to fall mysteriously ill.</p><p>But the factories that once offered golden opportunities are now ignoring all claims of the gruesome side effects, and the women's cries of corruption. And as the fatal poison of the radium takes hold, the brave shining girls find themselves embroiled in one of the biggest scandals of America's early 20th century, and in a groundbreaking battle for workers' rights that will echo for centuries to come. </p><p>Written with a sparkling voice and breakneck pace, <em>The Radium Girls</em> fully illuminates the inspiring young women exposed to the "wonder" substance of radium, and their awe-inspiring strength in the face of almost impossible circumstances. Their courage and tenacity led to life-changing regulations, research into nuclear bombing, and ultimately saved hundreds of thousands of lives...</p>

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