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Author: Richard Vague
Publisher: University of Pennsylvania Press
ISBN: 0812296613
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
Financial crises happen time and again in post-industrial economies—and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable. A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China—including the Great Depression and the economic meltdown of 2008. Vague demonstrates that the over-accumulation of private debt does a better job than any other variable of explaining and predicting financial crises. In a series of clear and gripping chapters, he shows that in each case the rapid growth of loans produced widespread overcapacity, which then led to the spread of bad loans and bank failures. This cycle, according to Vague, is the essence of financial crises and the script they invariably follow. The story of financial crisis is fundamentally the story of private debt and runaway lending. Convinced that we have it within our power to break the cycle, Vague provides the tools to enable politicians, bankers, and private citizens to recognize and respond to the danger signs before it begins again.
Author: Richard Vague
Publisher: University of Pennsylvania Press
ISBN: 0812296613
Category : Business & Economics
Languages : en
Pages : 240
Get Book Here
Book Description
Financial crises happen time and again in post-industrial economies—and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable. A Brief History of Doom examines a series of major crises over the past 200 years in the United States, Great Britain, Germany, France, Japan, and China—including the Great Depression and the economic meltdown of 2008. Vague demonstrates that the over-accumulation of private debt does a better job than any other variable of explaining and predicting financial crises. In a series of clear and gripping chapters, he shows that in each case the rapid growth of loans produced widespread overcapacity, which then led to the spread of bad loans and bank failures. This cycle, according to Vague, is the essence of financial crises and the script they invariably follow. The story of financial crisis is fundamentally the story of private debt and runaway lending. Convinced that we have it within our power to break the cycle, Vague provides the tools to enable politicians, bankers, and private citizens to recognize and respond to the danger signs before it begins again.
Author: David Kushner
Publisher: Random House Trade Paperbacks
ISBN: 0812972155
Category : Biography & Autobiography
Languages : en
Pages : 361
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Book Description
Masters of Doom is the amazing true story of the Lennon and McCartney of video games: John Carmack and John Romero. Together, they ruled big business. They transformed popular culture. And they provoked a national controversy. More than anything, they lived a unique and rollicking American Dream, escaping the broken homes of their youth to co-create the most notoriously successful game franchises in history—Doom and Quake—until the games they made tore them apart. Americans spend more money on video games than on movie tickets. Masters of Doom is the first book to chronicle this industry’s greatest story, written by one of the medium’s leading observers. David Kushner takes readers inside the rags-to-riches adventure of two rebellious entrepreneurs who came of age to shape a generation. The vivid portrait reveals why their games are so violent and why their immersion in their brilliantly designed fantasy worlds offered them solace. And it shows how they channeled their fury and imagination into products that are a formative influence on our culture, from MTV to the Internet to Columbine. This is a story of friendship and betrayal, commerce and artistry—a powerful and compassionate account of what it’s like to be young, driven, and wildly creative. “To my taste, the greatest American myth of cosmogenesis features the maladjusted, antisocial, genius teenage boy who, in the insular laboratory of his own bedroom, invents the universe from scratch. Masters of Doom is a particularly inspired rendition. Dave Kushner chronicles the saga of video game virtuosi Carmack and Romero with terrific brio. This is a page-turning, mythopoeic cyber-soap opera about two glamorous geek geniuses—and it should be read while scarfing down pepperoni pizza and swilling Diet Coke, with Queens of the Stone Age cranked up all the way.”—Mark Leyner, author of I Smell Esther Williams
Author: Niall Ferguson
Publisher: Penguin
ISBN: 0593297385
Category : Political Science
Languages : en
Pages : 497
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Book Description
"All disasters are in some sense man-made." Setting the annus horribilis of 2020 in historical perspective, Niall Ferguson explains why we are getting worse, not better, at handling disasters. Disasters are inherently hard to predict. Pandemics, like earthquakes, wildfires, financial crises. and wars, are not normally distributed; there is no cycle of history to help us anticipate the next catastrophe. But when disaster strikes, we ought to be better prepared than the Romans were when Vesuvius erupted, or medieval Italians when the Black Death struck. We have science on our side, after all. Yet in 2020 the responses of many developed countries, including the United States, to a new virus from China were badly bungled. Why? Why did only a few Asian countries learn the right lessons from SARS and MERS? While populist leaders certainly performed poorly in the face of the COVID-19 pandemic, Niall Ferguson argues that more profound pathologies were at work--pathologies already visible in our responses to earlier disasters. In books going back nearly twenty years, including Colossus, The Great Degeneration, and The Square and the Tower, Ferguson has studied the foibles of modern America, from imperial hubris to bureaucratic sclerosis and online fragmentation. Drawing from multiple disciplines, including economics, cliodynamics, and network science, Doom offers not just a history but a general theory of disasters, showing why our ever more bureaucratic and complex systems are getting worse at handling them. Doom is the lesson of history that this country--indeed the West as a whole--urgently needs to learn, if we want to handle the next crisis better, and to avoid the ultimate doom of irreversible decline.
Author: J. J. Anselmi
Publisher:
ISBN: 9781644281659
Category : Biography & Autobiography
Languages : en
Pages : 312
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Book Description
Doomed to Fail explores the heaviest music the world has ever heard, tracing doom, sludge, and post-metal as their own distinct (and incredibly loud) traditions. Anselmi covers the bands and musicians that have impacted those styles most--Black Sabbath, Candlemass, Melvins, Eyehategod, Godflesh, Neurosis, Saint Vitus, and many others--while diving into the cultural doom that has spawned such music, from the bombing of Birmingham and hurricane devastation of New Orleans to glaring economic inequality, industrial alienation, climate change, and widespread addiction. Along the way, Anselmi interweaves the musical experiences that have led him to proudly identify as one of the doomed.
Author: Steven Appleby
Publisher: Penguin
ISBN: 0452298660
Category : Humor
Languages : en
Pages : 226
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Book Description
This handy guide shows all the ways everyone might cease to exist. It might not be able to save, but it can make Doomsday a lot more fun.
Author: Richard Vague
Publisher: University of Pennsylvania Press
ISBN: 0812291107
Category : Political Science
Languages : en
Pages : 101
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Book Description
Current debates about economic crises typically focus on the role that public debt and debt-fueled public spending play in economic growth. This illuminating and provocative work shows that it is the rapid expansion of private rather than public debt that constrains growth and sparks economic calamities like the financial crisis of 2008. Relying on the findings of a team of economists, credit expert Richard Vague argues that the Great Depression of the 1930s, the economic collapse of the past decade, and many other sharp downturns around the world were all preceded by a spike in privately held debt. Vague presents an algorithm for predicting crises and argues that China may soon face disaster. Since American debt levels have not declined significantly since 2008, Vague believes that economic growth in the United States will suffer unless banks embrace a policy of debt restructuring. All informed citizens, but especially those interested in economic policy and history, will want to contend with Vague's distressing arguments and evidence.
Author: Fabien Sanglard
Publisher: Software Wizards
ISBN:
Category : Computers
Languages : en
Pages : 432
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Book Description
It was early 1993 and id Software was at the top of the PC gaming industry. Wolfenstein 3D had established the First Person Shooter genre and sales of its sequel Spear of Destiny were skyrocketing. The technology and tools id had taken years to develop were no match for their many competitors. It would have been easy for id to coast on their success, but instead they made the audacious decision to throw away everything they had built and start from scratch. Game Engine Black Book: Doom is the story of how they did it. This is a book about history and engineering. Don’t expect much prose (the author’s English has improved since the first book but is still broken). Instead you will find inside extensive descriptions and drawings to better understand all the challenges id Software had to overcome. From the hardware -- the Intel 486 CPU, the Motorola 68040 CPU, and the NeXT workstations -- to the game engine’s revolutionary design, open up to learn how DOOM changed the gaming industry and became a legend among video games.
Author: Jonathan Mendoza
Publisher:
ISBN: 9780782116748
Category : Games & Activities
Languages : en
Pages : 276
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Book Description
DOOM is a phenomenon; one of the hottest selling, most talked-about games in years. A virtual-reality action game, it pits a trapped soldier against the darkest forces in the universe. Now, the two best on-line DOOM level creators in the world--Christen Klie and Robert Carter--join forces with Jonathan Mendoza, the author of The Official DOOM Survivor's Strategies and Secrets, to put together a new DOOM story and exciting new episodes available only to the purchasers of this book. (Games)
Author: H. S. D. Cole
Publisher: Universe Pub
ISBN: 9780876639054
Category : Développement économique - Modèles mathématiques
Languages : en
Pages : 244
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Book Description
Scrutinizes the technical aspects and ideological background of the MIT world models on the future of mankind
Author: Wolfe Frank
Publisher: Casemate Publishers
ISBN: 1526737523
Category : History
Languages : en
Pages : 328
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Book Description
The memoirs of Wolfe Frank, which lay hidden in an attic for twenty-five years, are a unique and highly moving behind-the-scenes account of what happened at Nuremberg the greatest trial in history seen through the eyes of a witness to the whole proceedings. They include important historical information never previously revealed. In an extraordinarily explicit life story, Frank includes his personal encounters, inside and outside the courtroom, with all the war criminals, particularly Hermann Goering. This, therefore, is a unique record that adds substantially to what is already publicly known about the trials and the defendants.Involved in proceedings from day one, Frank translated the first piece of evidence, interpreted the judges opening statements, and concluded the trials by announcing the sentences to the defendants (and several hundred million radio listeners) which earned him the soubriquet Voice of Doom.Prior to the war, Frank, who was of Jewish descent, was a Bavarian playboy, an engineer, a resistance worker, a smuggler (of money and Jews out of Germany) and was declared to be an enemy of the State to be shot on sight. Having escaped to Britain, he was interned at the outbreak of war but successfully campaigned for his release and eventually allowed to enlist in the British Army in which he rose to the rank of Captain. Unable to speak English prior to his arrival, by the time of the Nuremberg trials he was described as the finest interpreter in the world.A unique character of extreme contrasts Frank was a playboy, a risk taker and an opportunist. Yet he was also a man of immense courage, charm, good manners, integrity and ability. He undertook the toughest assignment imaginable at Nuremberg to a level that was satisfactory alike to the bench, the defence and the prosecution and he played a major role in materially shortening the enormously difficult procedures by an estimated three years.
