“A compact, insightful, and practical guide for leaders and managers to flourish in our coming Exponential Age”—Azeem Azhar, founder, Exponential ViewIn 1798, the influential cleric, scholar, and economist Thomas Malthus predicted that the world would soon run out of food, as linear food production growth would be unable to feed the exponentially growing population. Fast forward 200 years, and the world's population has grown almost 10 times, and we are clos...

Human creativity has been one of the fundamental drivers of civilization and progress - solving immense problems, creating opportunities and overcoming enemies like no other force. Often it has baffled its skeptics by finding new and better resources, unexpected environmental technologies and genuinely amazing products that no one had predicted. However, like so many before it, Western civilization is now suffering from serious internal decay with its bloated public sectors, punitive taxes...

Why do we experience business cycles? What creates them? Is it mass psychology, or phenomena in the management of business? Are the banks to blame or should we be looking to the unions and the politicians? Lars Tvede's story moves back in time to the Scottish gambler and financial genius, John Law, and then on to the distracted Adam Smith, the stockbroker Ricardo, the investment banker Thornton, the extrovert Schumpeter, the speculator Jay Gould and many others. The computer jugglers of th...

“A compact, insightful, and practical guide for leaders and managers to flourish in our coming Exponential Age”—Azeem Azhar, founder, Exponential ViewIn 1798, the influential cleric, scholar, and economist Thomas Malthus predicted that the world would soon run out of food, as linear food production growth would be unable to feed the exponentially growing population. Fast forward 200 years, and the world's population has grown almost 10 times, and we are closer to colonizing ...

Supertrends: 50 Things You Need to Know About the Future is about how efficient futurists work, and how we can expect the world to evolve in terms of demographics, general economics, technologies, business models, resources, environment, and lifestyles.This book addresses how to predict the future, what we can expect from it, and how companies and government should adapt to the accelerating change, and will also:● Explain the core principles of efficient forecastin...

Build a world-class business with a clear blueprint to successEntrepreneur: Building Your Business From Start to Success is your guidebook to achieving entrepreneurial success. Whether you're an existing business owner seeking to increase your reach, or a budding entrepreneur ready to take the next step, this book provides invaluable guidance from experts who have made it happen time and time again. A simple step-by-step process will help you translate you...

A New York Times Bestseller and Notable Book: "A rich history of the world's most seductive investing idea." —BloombergA Library Journal Best Business Book of the YearA lively history of ideas, The Myth of the Rational Market by former Time magazine economics columnist Justin Fox describes with insight and wit the rise and fall of the world's most influential investing idea: the efficient markets theory. Longliste...

The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than th...

From the inability of wealth to make us happier, to our catastrophic blindness to the credit crunch, "Economyths" reveals ten ways in which economics has failed us all. Forecasters predicted a prosperous year in 2008 for financial markets - in one influential survey the average prediction was for an eleven per cent gain. But by the end of the year, the Standard and Poor's 500 index - a key economic barometer - was down 38 per cent, and major economies were plunging into recession. Even the...

Behind the alarming headlines about job losses, bank bailouts, and corporate greed is a little-known story of bad ideas. For fifty years or more, economists have been busy developing elegant theories of how markets work—how they facilitate innovation, wealth creation, and an efficient allocation of society's resources. But what about when markets don't work? What about when they lead to stock market bubbles, glaring inequality, polluted rivers, real estate crashes, and credit crunches?...

Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by imperfect competition. But this only ties them to the notion of perfect competition, which remains...

"Of all the economic bubbles that have been pricked," the editors of The Economist recently observed, "few have burst more spectacularly than the reputation of economics itself." Indeed, the financial crisis that crested in 2008 destroyed the credibility of the economic thinking that had guided policymakers for a generation. But what will take its place? In How the Economy Works, one of our leading economists provides a jargon-free exploration of the current crisis, offer...