Signals is the story of the world economy, told in the language of everyday objects, places and events - from magazine covers and supermarkets to public protests.
Pippa Malmgren argues that by being alert to the many signals around us, we can be empowered to deal with the varied troubles and treasures the world economy inevitably brings.
Economics is not just maths and data. Perfume and makeup are part of the world economy, too. Signals will help you understand why the size of chocolate bars, steaks and apartments are shrinking. It explains why the government says we face deflation, yet everyone feels their cost of living is rising and their standard of living is falling. Rising protein prices are felt not just during your weekly shop but by the leaders of emerging markets who are obliged to reach for food and energy assets to feed their people. The increasing near misses between America's spy planes and the fighter jets of China and Russia are no coincidence.
Malmgren reveals how our daily lives are affected by the ongoing battle, created by central bankers, between inflation and deflation. The fallout of this battle is evident in the rise of antiestablishment voting, the return of social unrest to emerging markets, the movement of manufacturing jobs back to the West and pressure from mass immigration.
Economic forces are breaking the social contract between citizens and their states. If the only real solution is innovation, then the key question becomes whether governments are hostile or hospitable to efforts to build tomorrow's economy today.
Malmgren shows us who is already building the future and how to be part of it. With its wonderful range of examples, from a Vogue magazine cover to a protest by a Tibetan monk, Signals demonstrates that although we can't predict the future of the world economy, we can better prepare ourselves for it.
Far from being the concern of only a privileged few, Malmgren shows that economics is a hot topic that touches every life.
Written and read by Dr Pippa Malmgrem.
©2016 Pippa Malmgren (P)2016 Orion Publishing Group
"A tour de force." (Lord Rose, former CEO and Chairman of Marks & Spencer)
"Dr Pippa Malmgren's book is essential reading." (Dr Liam Fox, former British Defence Minister)
"Better than Piketty." (James Galbraith, Chair of Government and Business at the University of Texas)
I'm a fan of Pippa Malmgrens work - I'll get that out in front, this isn't a criticism of her broader work, just this book.
If you're looking for something that discusses signalling theory in depth and relates it to the real world, this isn't for you.
What you'll get in this book is a series of stories about how basic occurrences in lots of places were signals of an underlying trend change. It's important to understand and after however many hours I've spent on this book I certainly get the point - but it wasn't necessarily the point I was looking for and I feel like it could have been achieved in half or less of the time.
The book also feels like it does have an ideology to push - and that's ok, but it's not a neutral read of the circumstances.
Overall it is enjoyable - but not robust or in depth. It's a comfortable read, a nice story that could have been written by many people without Pippas deep domain expertise.
One of those rare books which teaches a man how to fish rather than hand him fish.Thought provoking with a philosophical basis to events in the global economy.Not a book for the purely(blindly) data driven individual but one who recognizes that end results are a combination of factors (including data).Thanks Pippa.
"A really good read"
The author did a superb job of breaking down a challenging subject into relatable terms. I have listened to a lot of books on economics and George-politics and found this one very useful in my every day life. There are signals everywhere, we just have to recognize them when we stumble onto them.
"Very shallow ...."
Have a lot of name dropping without detail analysis. Complete waste of time if you have some finance knowledge already.
"neoliberal right wing drivel to infantilized choir"
the delivery sounds like a kindergarten school teacher reading to credulous children confusing logical tone with logic.
a history book
it's non fiction?! there are no characters, save perhaps the author
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