Showing results for "Tim-" in Economic History

Throughout history, rich and poor countries alike have been lending, borrowing, crashing - and recovering -their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different" - claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. This book proves that premise wrong.

In this classic work of economic history and social theory, Karl Polanyi analyzes the economic and social changes brought about by the great transformation of the Industrial Revolution. His analysis explains not only the deficiencies of the self-regulating market, but the potentially dire social consequences of untempered market capitalism. New introductory material reveals the renewed importance of Polanyi's seminal analysis in an era of globalization and free trade.

In The Price of Time, Edward Chancellor traces the history of interest from its origins in ancient Mesopotamia, through debates about usury in Restoration Britain and John Law's ill-fated Mississippi scheme, to the global credit booms of the twenty-first century. We generally assume that high interest rates are harmful, but Chancellor argues that, whenever money is too easy, financial markets become unstable. He takes the story to the present day, when interest rates have sunk lower than at any time in the five millennia since they were first recorded.

As former Prime Minister and our longest-serving Chancellor, Gordon Brown has been a guiding force for Britain and the world over three decades. This is his candid, poignant and deeply relevant story. In describing his upbringing in Scotland as the son of a minister, the near loss of his eyesight as a student and the death of his daughter within days of her birth, he shares the passionately held principles that have shaped and driven him, reminding us that politics can and should be a calling to serve.

Over the past four years, world-renowned economist Thomas Piketty documented his close observations on current events through a regular column in the French newspaper Le Monde. His pen captured the rise and fall of Trump, the drama of Brexit, Macron’s ascendance to the French presidency, the unfolding of a global pandemic, and much else besides, always through the lens of Piketty’s fight for a more equitable world. This collection brings together those articles.

In Fifty Things That Made the Modern Economy, the revolutionary, acclaimed book, radio series and podcast, best-selling economist Tim Harford introduced us to a selection of 50 radical inventions that changed the world. Along the way he entertained us with a myriad of great stories and revealed some of the most surprising landmarks in our history.

A revolutionary new history of humankind through the prism of work, from the origins of life on Earth to our ever-more automated present. The work we do brings us meaning, moulds our values, determines our social status and dictates how we spend most of our time. But this wasn't always the case: for 95 percent of our species' history, work held a radically different importance. How, then, did work become the central organisational principle of our societies? How did it transform our bodies, our environments, our views on equality and our sense of time?

The definitive biography of the most important economic statesman of our time, from the best-selling author of The Power Law and More Money Than God. Sebastian Mallaby's magisterial biography of Alan Greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into vivid focus the mysterious point where the government and the economy meet. To understand Greenspan's story is to see the economic and political landscape of our time in a whole new light.

Why do stock and housing markets sometimes experience amazing booms followed by massive busts, and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles. As they do so, they help us understand why bubbles happen and why some have catastrophic economic, social, and political consequences while others have actually benefited society.

In her acclaimed AOL.com, Kara Swisher chronicled the unlikely ascent of a group of underdog entrepreneurs and their influence on American net culture. This book picks up where the previous one left off, investigating AOL's merger with Time Warner and its aftermath. Journalists Swisher and Dickey have an ear for the comic and an appreciation for the larger-than-life personalities that propel the drama. After the merger, a troubled journey lies ahead both for AOL Time Warner and for its competitors.

Ten years in the writing, Forged in Crisis, by renowned Harvard Business School historian and Davos and Aspen Institute speaker Nancy Koehn, presents five remarkable life journeys - those of polar explorer Ernest Shackleton; President Abraham Lincoln; legendary abolitionist Frederick Douglass; Nazi-resisting clergyman Dietrich Bonhoeffer; and environmental crusader Rachel Carson. What do such disparate figures have in common? Why do their stories speak to us so powerfully today?

Penguin presents the unabridged, downloadable audiobook edition of Chronicles: On Our Troubled Times by Thomas Piketty, narrated by Charlie Anson. The return of the best-selling, award-winning economist extraordinaire. With the same powerful evidence and range of reference as his global best seller Capital in the Twenty-First Century, Chronicles sets out Thomas Piketty's analysis of the financial crisis, what has happened since and where we should go from here.

Our current monetary system is broken. Inflation is rampant, our savings are being devalued, and it seems there is no hope for a solution. Fiat money is robbing us and our neighbors of our most valuable commodity - time. As Christians, we are called to love our neighbors, but how can we do that when the money we use is contributing to a system that is stealing from them? It may seem unconventional, but Bitcoin offers a solution to this problem. The Bible calls for a just and equal monetary system, free of fraud and deception - and Bitcoin fits the bill.

Viola MacMillan had it all: success, money, and respect. Influence, even. But in 1964, after three decades in the mining industry, one of the most fascinating women in Canadian business history was the central character in one of the country's most famous stock scandals. MacMillan, who started out as a prospector in the '30s, had developed lucrative mines and put together big deals. But she still wanted "a major discovery." Early in July 1964, shares in Windfall Oil and Mines, a company she and her husband controlled, traded for around 56 cents. Then one day, the stock took off.

In most accounts of the origins of money, we are offered pleasant tales in which it arises to the mutual benefit of all parties as a result of barter. In this groundbreaking study David McNally reveals the true story of money's origins and development as one of violence and human bondage. Money's emergence and its transformation are shown to be intimately connected to the buying and selling of slaves and the waging of war.

To save the economy and keep Citi afloat in 2008, the government provided huge infusions of cash through multiple bailouts that frustrated and angered the American public. But, as Wall Street Journal writer James Freeman and financial expert Vern McKinley reveal, the 2008 crisis was just one of many disasters Citi has experienced since its founding more than 200 years ago. In Borrowed Time they reveal Citi’s disturbing history of instability and government support. It’s a story that neither Citi nor Washington wants told.

Kellogg in the late 1940s and 50s was a typical American small town complete with high school football and basketball teams, marching band, and anti-Communist clubs; yet its bars, gambling dens, and brothels were entrenched holdovers from a rowdier frontier past. The Bunker Hill Mining Company, the largest employer, paid miners good wages for difficult, dangerous work, while the quest for lead, silver, and zinc denuded the mountainsides and laced the soil and water with contaminants.

Connecting our speed-obsession with today's global capitalism, Taylor composes a grand narrative showing how commitments to economic growth and extreme competition, combined with accelerating technological innovation, have brought us close to disaster. Psychologically, environmentally, economically, and culturally, speed is taking a profound toll on our lives.

The Upper Midwest and Great Lakes region became the "arsenal of democracy" - the greatest manufacturing center in the world-in the years during and after World War II, thanks to natural advantages and a welcoming culture. Decades of unprecedented prosperity followed, memorably punctuated by riots, strikes, burning rivers, and oil embargoes. A vibrant, quintessentially American character bloomed in the region's cities, suburbs, and backwaters.

In this astute new work, Jakob Feinig shows how the relation between money users and money-issuing governments changed from British colonial North America to today's United States, discussing how popular movements reshaped money-creating institutions, and how their opponents attempted to silence them.