From Nobel Prize-winning economist and best-selling author Joseph Sitglitz, author of Globalization and Its Discontents, this is the essential, must-read guide to the future of Europe.
Solidarity and prosperity fostered by economic integration: this principle has underpinned the European project from the start, and the establishment of a common currency was supposed to be its most audacious and tangible achievement. Since 2008, however, the European Union has ricocheted between stagnation and crisis. The inability of the eurozone to match the recovery in the USA and UK has exposed its governing structures, institutions and policies as dysfunctional and called into question the viability of a common currency shared by such different economies as Germany and Greece. Designed to bring the European Union closer together, the euro has actually done the opposite: after nearly a decade without growth, unity has been replaced with dissent and enlargements with prospective exits.
Joseph Stiglitz argues that Europe's stagnation and bleak outlook are a direct result of the fundamental flaws inherent in the euro project - economic integration outpacing political integration with a structure that promotes divergence rather than convergence. Money relentlessly leaves the weaker member states and goes to the strong, with debt accumulating in a few ill-favoured countries. The question then is: Can the euro be saved?
Laying bare the European Central Bank's misguided inflation-only mandate and explaining why austerity has condemned Europe to unending stagnation, Stiglitz outlines the fundamental reforms necessary to the structure of the eurozone and the policies imposed on the member countries suffering the most. But the same lack of sufficient political solidarity that led to the creation of a flawed euro twenty years ago suggests that these reforms are unlikely to be adopted. Hoping to avoid the huge costs associated with current policies, Stiglitz proposes two other alternatives: a well-managed end to the common currency; or a bold, new system dubbed 'the flexible euro.'
This important book, by one of the world's leading economists, addresses the euro-crisis on a bigger intellectual scale than any predecessor.
Where is all the money? How does a country go bust? Should I get paid in Bitcoin? Wherever you go, whatever you do, however you live your life, money plays a role. Getting it, keeping it and making more out of it has been one of man's major preoccupations for the past five thousand years. From buying a sandwich to earning a wage, going on holiday to playing the lottery, how money and economics governs our world is fascinating. And it's just about to get more curious; the arrival of modern banking, crowd funding, investments at the touch of a smartphone and virtual currencies means, for many of us, it is even more complex. Stewart Cowley distils these complexities in this essential guide to modern-day money and our relationship with it. Along the way we discover how the statistics that govern our world are based on guesswork, why stock markets are like a wandering drunken man, what you need to live like a millionaire and why cooking has made man the dominant species on the planet. Man vs Money shows you how understanding a little more economics can improve your life.
Scandinavians work less than we do, they have free childcare and healthcare, and they're just generally happier. We're told that we can't have what they have...but what if we can? In Viking Economics, George Lakey explains how the Nordic system works and shows us that if we put in the hard work Scandinavians did not that long ago, we, too, can have a fairer economic policy.
The world's principal measure of the health of economies is gross domestic product, or GDP: the sum of what all of us spend every day, from the contents of our weekly shopping to large capital spending by businesses. GDP also includes the myriad things that our governments pay for, from libraries and road-line painting to naval dockyards and nuclear weapons. The Great Invention reveals how in just a few decades GDP became the world's most powerful formula: how six algebraic symbols forged in the fires of the 1930's economic crisis helped Europe and America prosper, how the remedy now risks killing the patient it once saved, and how this fundamentally flawed metric is creating the illusion of global prosperity-and why many world leaders want to be able to ignore it but so far remain powerless to do so. Drawing on interviews, firsthand accounts, and previously neglected source materials, The Great Invention takes readers on a journey from Capitol Hill to Whitehall-on the trail of theories made in Cambridge, tested in Karachi, and designed for global application-into the minds of unworldly geniuses seduced by the allure of power and the demands of politics.
There is a lie at the heart of global capitalism. Politicians, financiers and global bureaucrats claim to believe in free competitive markets, but have constructed the most unfree market system ever. It is corrupt because income is channelled to the owners of property - financial, physical and intellectual - at the expense of society. This book reveals how global capitalism is rigged in favour of rentiers to the detriment of all of us, especially the precariat. A plutocracy and elite enriches itself, not through production of goods and services, but through ownership of assets, including intellectual property, aided by subsidies, tax breaks, debt mechanisms, revolving doors between politics and business, and the privatisation of public services. Rentier capitalism is entrenched by the corruption of democracy, manipulated by the plutocracy and an elite-dominated media. Meanwhile, wages stagnate as labour markets are transformed by outsourcing, automation and the on-demand economy, generating more rental income while expanding the precariat.The Corruption of Capitalism argues that rentier capitalism is fostering revolt, and concludes by outlining a new income distribution system that would achieve the extinction of the rentier while promoting sustainable growth.
During the late eighteenth century, innovations in Europe triggered the Industrial Revolution and the sustained economic progress that spread across the globe. While much has been made of the details of the Industrial Revolution, what remains a mystery is why it took place at all. Why did this revolution begin in the West and not elsewhere, and why did it continue, leading to today's unprecedented prosperity?
In this groundbreaking book, celebrated economic historian Joel Mokyr argues that a culture of growth specific to early modern Europe and the European Enlightenment laid the foundations for the scientific advances and pioneering inventions that would instigate explosive technological and economic development. Bringing together economics, the history of science and technology, and models of cultural evolution, Mokyr demonstrates that culture - the beliefs, values, and preferences in society that are capable of changing behavior - was a deciding factor in societal transformations. Mokyr looks at the period 1500-1700 to show that a politically fragmented Europe fostered a competitive market for ideas and a willingness to investigate the secrets of nature.
At the same time, a transnational community of brilliant thinkers known as the Republic of Letters freely circulated and distributed ideas and writings. This political fragmentation and the supportive intellectual environment explain how the Industrial Revolution happened in Europe but not China, despite similar levels of technology and intellectual activity. In Europe, heterodox and creative thinkers could find sanctuary in other countries and spread their thinking across borders. In contrast, China's version of the Enlightenment remained controlled by the ruling elite.
Combining ideas from economics and cultural evolution, A Culture of Growth provides startling reasons for why the foundations of our modern economy were laid in the mere two centuries between Columbus and Newton.
How to Resolve the Really Hard Problems
Every manager makes tough calls—it comes with the job. And the hardest decisions are the “gray areas?—situations where you and your team have worked hard to find an answer, you?ve done the best analysis you can, and you still don?t know what to do. But you have to make a decision. You have to choose, commit, act, and live with the consequences and persuade others to follow your lead. Gray areas test your skills as a manager, your judgment, and even your humanity. How do you get these decisions right?
In Managing in the Gray, Joseph Badaracco offers a powerful, practical, and even radical way to resolve these problems. Picking up where conventional tools of analysis leave off, this book provides tools for judgment in the form of five revealing questions. Asking yourself these five questions provides a simple yet profound way to broaden your thinking, sharpen your judgment, and develop a fresh perspective. What makes these questions so valuable is that they have truly stood the test of time—they?ve guided countless men and women, across many centuries and cultures, to resolve the hardest questions of work, responsibility, and life.
You can use the five-question framework on your own or with others on your team to help you cut through complexities, understand critical trade-offs, and develop workable solutions for even the grayest issues.
Your journey to success starts here.
Why Winners Win identifies the crucial elements of business success and provides step-by-step guidance on getting there. Author Gary Pittard shows you why consistent results are the key contributing factor to lasting success, and helps you identify your personal barriers. Whether you lack the ability to set goals or a plan, motivation or focus, this book will show you how to adjust your course and direct you to the top.
Based on the Success Journey model, the discussion focuses on attitude, knowledge, skill and competent action to give you a solid framework to boost your potential and achieve prosperity. You'll learn the essential qualities of a winner, and how to demonstrate these qualities every day in every interaction. Case studies demonstrating success and failure provide you with clear examples of the framework in action and illustrate the cause-and-effect relationship behind everyday choices.
Believe it or not, failing at something is a great way to become successful. Experience teaches a lesson no advice could impart, and not being at the top just means there's more room to grow. This book equips you with a solid success plan, the skills you need to execute it and expert insight into your own unique path.
* Identify and overcome your personal barriers to achieve success
* Build and amplify winning qualities that that will keep you on course
* Learn a simple four-step model for achieving consistent results
* Discover the single most important difference between winners and losers
The goal is prosperity ? whatever that may mean to you ? and attaining a level of freedom and security that allows you to give back and be generous with your money, time and knowledge. Success is a journey, but Why Winners Win provides the roadmap you need to start the journey today.
Michael Yardney's Guide to Investing Successfully is for all Australians who want to secure their financial future but are confused about all the contradictory advice out there. It is a practical guide to growing your money the smart way by understanding what the rich invest in, that the average Australian does not. Readers will learn the essential skills of investment as well as becoming financially fluent by understanding the language of money, finance, shares and property. Michael Yardney shows you how to take control of your finances and achieve financial freedom by getting your money working for you in this easy to understand practical guide that covers the psychology and mindset of successful investing together with sound strategies for the stock market and real estate investing.
Hayden Cox started his surfboard brand Haydenshapes at the age of 15 while still at school, taking on a fickle industry where few succeed beyond local reach. Today he is an award winning designer and entrepreneur who took his passion, young ideas and vision for doing things differently, and created a bestselling brand all over the world.
New Wave Vision is experience driven, not a how-to, without glossing over the harsh realities, lessons and challenges faced when backing yourself and building from the ground up. It shares Hayden's story spanning almost 20 years as a young person in business - with the work far from finished. His modern approach and passion for progression within an industry led directly to his invention of a patented technology, FutureFlex, and a global best selling surfboard.
Through his brand, Hayden has also collaborated on notable and exclusive projects with some of the biggest names and designers across a number of industries - unconventional to what might be expected in surf. Beautifully designed and with real insight and stories from some of the world's most influential creative business minds like skater and entrepreneur Tony Hawk, fashion visionary Karen Walker, Oakley and Red Digital Cinema founder Jim Jannard, Google Maps co-founder Noel Gordon, Aesop founder Dennis Paphitis and entrepreneur Paul Naude, New Wave Vision spotlights the crucial principles that help inspire and create groundbreaking products and businesses.
Now more than ever, young people are creating things, taking risks and starting new ventures. New Wave Vision is not about reaching a destination, but everything in between and the great discontent that keeps you searching.
Open the books on accounting with this friendly guide Want to make sense of accounting basics but don't know where to begin? This new edition of Accounting For Dummies helps you speak your accountant's language with ease minimizing confusion as you maximize profits. Written in plain English, it quickly gets you up to speed on how to manage inventory, report income and expenses for private or public companies, evaluate profit margins, analyze business strengths and weaknesses, manage budgets for a better bottom line, and so much more. Whether you're a small business owner, a manager with budget responsibilities, or just want to understand your 401(k) statements, this friendly guide helps you get a handle on all those columns of numbers without losing your cool. From tips for getting the most out of reading a financial report to ways to analyze and manage profit and everything in between it gives you the jargon-free introduction to accounting you need to make sense of those numbers. * Get the scoop on accounting basics and standards * Read and understand financial statements with ease * Report income and expenses for public or private sectors * Create great financials and boost your bottom line If the thought of accounting gives you anxiety, you're in luck! Accounting For Dummies is your no-nonsense ticket to success!
Adobe Photoshop is an application used not just by professional designers, but by photographers, artists and anyone wishing to take sophisticated control over their images. With step-by-step guides, projects and sections on every element of image manipulation, this is a comprehensive but accessible new task-based reference tool for beginners to intermediate. Covering the latest versions of the software and instructions for PC and Mac, the clear, accessible text is accompanied by helpful screenshots.
The ultimate visual learner's guide to Windows 10.
Teach Yourself VISUALLY Windows 10 Anniversary Update is the quick and easy way to get up and running with Windows 10 and Windows 10 Update. From setting up to shutting down and everything in between, this book guides you through everything you need to know to start working with Windows 10. Learn how to customize Widows 10, pin an app to the Start menu, work with files and digital media, customize the interface, optimize performance, set up email, go online, and so much more. Two-page spreads, detailed instruction, and expert content walk you through more than 150 Windows tasks. Coverage includes the Windows 10 release, along with the newest features of the Windows 10 Anniversary Update.
This is your visual guide to learning what you can do with Windows 10 and Windows 10 Anniversary Update.
* Find your way around Windows 10 with full-color screen shots
* Install programs, set up user accounts, play music and videos, and more
* Learn basic maintenance that keeps your system running smoothly
* Set up password protection and troubleshoot basic issues quickly
Get productive with Windows 10 Windows 10 For Dummies is the all-time bestselling computer how-to book and it's been fully updated for the enhancements coming with the Windows 10 Anniversary Update! Free of confusing jargon and packed with lots of helpful step-by-step explanations, it quickly gets you started with exploring the Start menu, storing files on the Cloud, creating desktop shortcuts, connecting to a printer, using Windows social apps, organizing digital photos, interpreting error messages, and so much more. Windows 10 keeps your PC or tablet running, organizes your files, and provides a platform to run your important applications. In short, it's the brain and heart of your computer. The simple steps and friendly advice inside help you manage files and applications, connect to the Internet, customize your Windows experience, and make repairs when things go haywire. * Fast answers to Windows 10 questions * Steps for customizing your Windows 10 PC * Tips for solving common Windows problems * Covers using Windows 10 on a tablet If you're new to Windows or upgrading to its new operating system, grab this book to get to know Windows 10 a little better.
The stress-free way to get up and running with Windows 10 If you're a first-time, over-50 Windows 10 user looking for an authoritative, easy-to-follow guide to the basics of this new operating system, look no further. This friendly book cuts through confusing jargon and covers just what you need to know, providing large-print text and lots of helpful figures and drawings along the way! Inside: Essentials for working with Windows 10 on any device Tips for using the Internet to find what you need Steps for uploading, editing, and downloading pictures Ways to use Windows 10 to play games and enjoy media Advice for checking your security and maintenance status Things you can do to speed up your computer Guidance for calibrating your touchscreen.