Showing results for "It" in Macroeconomics

An insider's guide to our broken economy and how it fails to serve us. ‘A fascinating examination of the failures of modern economics, and how these failures are harming us all' Grace Blakeley, author of Vulture Capitalism ‘Easily one of the most compelling economics communicators of our...

The global financial crisis has made it painfully clear that powerful psychological forces are imperiling the wealth of nations today. From blind faith in ever-rising housing prices to plummeting confidence in capital markets, "animal spirits" are driving financial events worldwide.

Most Americans — and people worldwide — understand that despite our remarkable technological advances, something is deeply wrong with the direction of our country and world. There are a variety of causes but Mr. Lepard believes, and wrote this book because, too many are missing the one, principal underlying cause: The Money Is Broken.

Rationing: It’s a word and idea that people often loathe and fear. Health care expert Henry Aaron has compared mentioning the possibility of rationing to "shouting an obscenity in church". Yet societies in fact ration food, water, medical care, and fuel all the time, with those who can pay the most getting the most. As Nobel Prize-winning economist Amartya Sen has said, the results can be "thoroughly unequal and nasty". In Any Way You Slice It, Stan Cox shows that rationing is not just a quaint practice restricted to World War II memoirs and 1970s gas station lines. Instead, he persuasively argues that rationing is a vital concept for our fragile present.

It's Mine digs into the history and concept of ‘ownership', which ecosystems nurture it, and where we are now. Filled with anecdotes, observations and interviews, the book takes an entertaining and accessible look at how Bitcoin made its mark, how its technology is being re-purposed to enable a revolution, and (in non-technical terms) how it all works. It explores how these new crypto ‘life-forms' will interact with the rest of the virtual and physical world, while making some very rich and some very poor.

The leading lights of the tech revolution – Gates, Bezos, Zuckerberg, Musk – have been hailed as savants and saviours of the modern age. And yet they are at the forefront of wealth inequality not seen since the heyday of the robber barons in the late 19th century, part of the slide to the First World War. Today, rampant inequality is inciting social unrest and undermining faith in the institutions of the democratic state. Citizens have been left at the mercy of unfettered capitalism – mere data subjects, endlessly surveilled, marshalled and increasingly angry and polarised.

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.