If any interest to anyone, but to myself to remind me of the books on my shelves…these are the best ones I have as of late:
I’ve always seen Robert Shiller’s name pasted everywhere on sindicated columns and in magazines, plus he wrote Irrationaly Exuberent, so I figured I’d give his new one a try. Basically it’s very scholarly. I recommend it though.
Amazon Synopsis: Globalization. The Flat World. Outsourcing. Free Trade.
The debate of our lifetime: Is globalization a force for good, or is it a policy that is sure to destroy the economic foundation of the United States and Europe while exporting our wealth and prosperity overseas?
In The War for Wealth, leading intellectual and agenda-setting journalist Gabor Steingart examines how globalization has affected the state of the world’s economy and returns with a bleak outlook for the West: our prosperity and wealth are disappearing faster than ever, and with it our political power and our long-held democratic ideals. But all is not lost; we can still stem the flow of capital and jobs and once again restore the West to its respected position of global leader in economics and politics
Basically eye-popping stats and analysis on the current decline of Western Dominance ↑.
In The Drunkard’s WalkLeonard Mlodinow provides readers with a wonderfully readable guide to how the mathematical laws of randomness affect our lives. With insight he shows how the hallmarks of chance are apparent in the course of events all around us. The understanding of randomness has brought about profound changes in the way we view our surroundings, and our universe. I am pleased that Leonard has skillfully explained this important branch of mathematics. –Stephen Hawking
The best part about Drunkard is the little monologues on scientific probabilities over issues most humans consider unattainable or unexplainable. Also a great point that repetitiveness is the KEY TO SUCCESS my friends, at the end of the day you increase your chances, simple as that.
As the name states - a requiem of economics from A-Z with explainable and uncluttered analysis. Basic Economics is a little too PRO-Capitalistic and “let the markets work themselves” for my blood, but the principles make perfect sense, however the world is notperfect as the current environment can attest. As far as I’m concerned a lot of what is happening on capitol hill these days with economic policy is absolutely contrary to what Mr. Sowell implies for 600+ pages…scary as it Basic Economics(101).
I love this guy…All About Index Funds covers about just all you really need to know to get started with index investing. Since the books publishing, there have been hundreds if not thousands of new indexing investment opportunities, however the strategies remain the same. With the current market conditions there’s a lot of negative sentiment towards buy and hold strategies, however for us joe schmoes this gets us to attainable ground. Amazon says it covers:
