Author: Ray Dalio
Publisher: Simon and Schuster
ISBN: 1982112387
Category : Business & Economics
Languages : en
Pages : 560
Get Book Here
Book Description
#1 New York Times Bestseller “Significant...The book is both instructive and surprisingly moving.” —The New York Times Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. In 1975, Ray Dalio founded an investment firm, Bridgewater Associates, out of his two-bedroom apartment in New York City. Forty years later, Bridgewater has made more money for its clients than any other hedge fund in history and grown into the fifth most important private company in the United States, according to Fortune magazine. Dalio himself has been named to Time magazine’s list of the 100 most influential people in the world. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. In Principles, Dalio shares what he’s learned over the course of his remarkable career. He argues that life, management, economics, and investing can all be systemized into rules and understood like machines. The book’s hundreds of practical lessons, which are built around his cornerstones of “radical truth” and “radical transparency,” include Dalio laying out the most effective ways for individuals and organizations to make decisions, approach challenges, and build strong teams. He also describes the innovative tools the firm uses to bring an idea meritocracy to life, such as creating “baseball cards” for all employees that distill their strengths and weaknesses, and employing computerized decision-making systems to make believability-weighted decisions. While the book brims with novel ideas for organizations and institutions, Principles also offers a clear, straightforward approach to decision-making that Dalio believes anyone can apply, no matter what they’re seeking to achieve. Here, from a man who has been called both “the Steve Jobs of investing” and “the philosopher king of the financial universe” (CIO magazine), is a rare opportunity to gain proven advice unlike anything you’ll find in the conventional business press.
Author: Richard G. Lazar, PhD
Publisher: eBookIt.com
ISBN: 1456604201
Category : Business & Economics
Languages : en
Pages : 129
Get Book Here
Book Description
The Best Way to Fix Our Economy describes the basic problem of the USA economy in the early-21st century. It is how to restore, re-surge and re-build America. How? The solution is building great new innovative product industries that produce excellent products at good prices that sell in the USA and markets around the globe. They generate sustainable small businesses. That then produces steady jobs that provide income that keeps taxes down and enables sizable profit, incent investment, ROI, continuous R&D and superior products built at competitive prices and helps ensure sustainable industry growth. The book affords an accurate historical analysis of how America has driven its economy from being the primary product-producer in the world to a service-based economy. The authors describe the simple--not easy--roadmap back to the future to being a product-driven world force by using the Lazars' proven behavioral economic model that they call The Central Productive Processa [ to create a renewed productive society. The Lazars name 17 innovative product industries that will turn the economy around and restore the practice of true Capitalism in America instead of the personal interest (greed) and financial services system now in place masking as Capitalism. The Central Productive Processa [ is punctuated with realistic, logical and common sense notions crisply formulated over thirty-five years of "on-the-ground" experience. It is not a theoretical exercise for the reader. It works. Presidents Franklin D. Roosevelt and Dwight David Eisenhower are cited as two excellent examples of "AND THINKING" leaders who understood that a strong nation combines defense and human needs along with economic growth and human well-being. Their vision of a compassionate and strong American economy has been in decline in America for the last 30 years. While the clarion calls of Roosevelt and Eisenhower have been muffled in the USA, China heeded the call, exceeded all expectations and has grown into an economic power with product-driven national policies. Enhanced by thirty years of peace and neutrality, they have also improved the quality of life and expectations of its citizens. In this book the Lazars light the way to breathing new life into a new economy that is product-based, profitable, productive and progressive. This work is a renewed clarion call for warring ideological leaders and elected officials to work together to overcome their own weak performance and unwillingness to sacrifice their personal interests for the best interests of all Americans. The nation cries out for them to cease battling each other to the death. The country needs a "new response" to the lagging and weak economy. This book provides the right response for a new economy inherent in the American character. It is time for each and all of us to help our nation rediscover its greatness and ability to resolve internal conflicts with victorious actions. "Hope and optimism can only be founded on right thought and right action that people can see and feel."--Richard G. Lazar, PhD
Author: Heather Boushey
Publisher: Harvard University Press
ISBN: 0674919319
Category : Business & Economics
Languages : en
Pages : 305
Get Book Here
Book Description
A Financial Times Book of the Year “The strongest documentation I have seen for the many ways in which inequality is harmful to economic growth.” —Jason Furman “A timely and very useful guide...Boushey assimilates a great deal of recent economic research and argues that it amounts to a paradigm shift.” —New Yorker Do we have to choose between equality and prosperity? Decisions made over the past fifty years have created underlying fragilities in our society that make our economy less effective in good times and less resilient to shocks, such as today’s coronavirus pandemic. Many think tackling inequality would require such heavy-handed interference that it would stifle economic growth. But a careful look at the data suggests nothing could be further from the truth—and that reducing inequality is in fact key to delivering future prosperity. Presenting cutting-edge economics with verve, Heather Boushey shows how rising inequality is a drain on talent, ideas, and innovation, leading to a concentration of capital and a damaging under-investment in schools, infrastructure, and other public goods. We know inequality is fueling social unrest. Boushey shows persuasively that it is also a serious drag on growth. “In this outstanding book, Heather Boushey...shows that, beyond a point, inequality damages the economy by limiting the quantity and quality of human capital and skills, blocking access to opportunity, underfunding public services, facilitating predatory rent-seeking, weakening aggregate demand, and increasing reliance on unsustainable credit.” —Martin Wolf, Financial Times “Think rising levels of inequality are just an inevitable outcome of our market-driven economy? Then you should read Boushey’s well-argued, well-documented explanation of why you’re wrong.” —David Rotman, MIT Technology Review
Author: Robert B. Reich
Publisher: Vintage
ISBN: 034580449X
Category : Business & Economics
Languages : en
Pages : 178
Get Book Here
Book Description
America’s economy and democracy are working for the benefit of an ever-fewer privileged and powerful people. But rather than just complain about it or give up on the system, we must join together and make it work for all of us. In this timely book, Robert B. Reich argues that nothing good happens in Washington unless citizens are energized and organized to make sure Washington acts in the public good. The first step is to see the big picture. Beyond Outrage connects the dots, showing why the increasing share of income and wealth going to the top has hobbled jobs and growth for everyone else, undermining our democracy; caused Americans to become increasingly cynical about public life; and turned many Americans against one another. He also explains why the proposals of the “regressive right” are dead wrong and provides a clear roadmap of what must be done instead. Here’s a plan for action for everyone who cares about the future of America.
Author: Ganesh Sitaraman
Publisher: Basic Books
ISBN: 1541618106
Category : Political Science
Languages : en
Pages : 233
Get Book Here
Book Description
A leading progressive intellectual offers an "illuminating" agenda for how real democracy can triumph in America and beyond (Ari Berman, New York Times). Since the New Deal in the 1930s, there have been two eras in our political history: the liberal era, stretching up to the 1970s, followed by the neoliberal era of privatization and austerity ever since. In each period, the dominant ideology was so strong that it united even partisan opponents. But the neoliberal era is collapsing, and the central question of our time is what comes next. As acclaimed legal scholar and policy expert Ganesh Sitaraman argues, two political visions now contend for the future. One is nationalist oligarchy, which rigs the system for the rich and powerful while using nationalism to mobilize support. The other is the great democracy, which fights corruption and extends both political and economic power to all people. At this decisive moment in history, The Great Democracy offers a bold, transformative agenda for achieving real democracy.
Author: Jonathan Haskel
Publisher: Princeton University Press
ISBN: 0691183295
Category : Business & Economics
Languages : en
Pages : 292
Get Book Here
Book Description
Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.
Author: Jim Tankersley
Publisher: PublicAffairs
ISBN: 1541767845
Category : Business & Economics
Languages : en
Pages : 296
Get Book Here
Book Description
A vivid character-driven narrative, fused with important new economic and political reporting and research, that busts the myths about middle class decline and points the way to its revival. For over a decade, Jim Tankersley has been on a journey to understand what the hell happened to the world's greatest middle-class success story -- the post-World-War-II boom that faded into decades of stagnation and frustration for American workers. In The Riches of This Land, Tankersley fuses the story of forgotten Americans-- struggling women and men who he met on his journey into the travails of the middle class-- with important new economic and political research, providing fresh understanding how to create a more widespread prosperity. He begins by unraveling the real mystery of the American economy since the 1970s - not where did the jobs go, but why haven't new and better ones been created to replace them. His analysis begins with the revelation that women and minorities played a far more crucial role in building the post-war middle class than today's politicians typically acknowledge, and policies that have done nothing to address the structural shifts of the American economy have enabled a privileged few to capture nearly all the benefits of America's growing prosperity. Meanwhile, the "angry white men of Ohio" have been sold by Trump and his ilk a theory of the economy that is dangerously backward, one that pits them against immigrants, minorities, and women who should be their allies. At the culmination of his journey, Tankersley lays out specific policy prescriptions and social undertakings that can begin moving the needle in the effort to make new and better jobs appear. By fostering an economy that opens new pathways for all workers to reach their full potential -- men and women, immigrant or native-born, regardless of race -- America can once again restore the upward flow of talent that can power growth and prosperity.
Author: Mr.Daniel Leigh
Publisher: International Monetary Fund
ISBN: 1455294691
Category : Business & Economics
Languages : en
Pages : 41
Get Book Here
Book Description
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Author: Mariana Mazzucato
Publisher: HarperCollins
ISBN: 0063046261
Category : Business & Economics
Languages : en
Pages : 272
Get Book Here
Book Description
Longlisted for the 2021 Porchlight Business Book Awards, Big Ideas & New Perspectives “She offers something both broad and scarce: a compelling new story about how to create a desirable future.”—New York Times An award-winning author and leading international economist delivers a hard-hitting and much needed critique of modern capitalism in which she argues that, to solve the massive crises facing us, we must be innovative—we must use collaborative, mission-oriented thinking while also bringing a stakeholder view of public private partnerships which means not only taking risks together but also sharing the rewards. Capitalism is in crisis. The rich have gotten richer—the 1 percent, those with more than $1 million, own 44 percent of the world's wealth—while climate change is transforming—and in some cases wiping out—life on the planet. We are plagued by crises threatening our lives, and this situation is unsustainable. But how do we fix these problems decades in the making? Mission Economy looks at the grand challenges facing us in a radically new way. Global warming, pollution, dementia, obesity, gun violence, mobility—these environmental, health, and social dilemmas are huge, complex, and have no simple solutions. Mariana Mazzucato argues we need to think bigger and mobilize our resources in a way that is as bold as inspirational as the moon landing—this time to the most ‘wicked’ social problems of our time.. We can only begin to find answers if we fundamentally restructure capitalism to make it inclusive, sustainable, and driven by innovation that tackles concrete problems from the digital divide, to health pandemics, to our polluted cities. That means changing government tools and culture, creating new markers of corporate governance, and ensuring that corporations, society, and the government coalesce to share a common goal. We did it to go to the moon. We can do it again to fix our problems and improve the lives of every one of us. We simply can no longer afford not to.
Author: Edward Alden
Publisher: Rowman & Littlefield
ISBN: 1538109093
Category : Political Science
Languages : en
Pages : 269
Get Book Here
Book Description
*Updated edition with a new foreword on the Trump administration's trade policy* The vast benefits promised by the supporters of globalization, and by their own government, have never materialized for many Americans. In Failure to Adjust Edward Alden provides a compelling history of the last four decades of US economic and trade policies that have left too many Americans unable to adapt to or compete in the current global marketplace. He tells the story of what went wrong and how to correct the course. Originally published on the eve of the 2016 presidential election, Alden’s book captured the zeitgeist that would propel Donald J. Trump to the presidency. In a new introduction to the paperback edition, Alden addresses the economic challenges now facing the Trump administration, and warns that economic disruption will continue to be among the most pressing issues facing the United States. If the failure to adjust continues, Alden predicts, the political disruptions of the future will be larger still.
