Related to: 'The Retreat of Western Liberalism'

Nation Books

Fifty Million Rising

Saadia Zahidi
Authors:
Saadia Zahidi
Little, Brown

China's Great Wall of Debt

Dinny McMahon
Authors:
Dinny McMahon

The world has long considered China a juggernaut of economic strength, but since the global financial crisis, the country's economy has ballooned in size, complexity, and risk. Once dominated by four state-owned banks, the nation's financial system is a tangle of shadow banking entities, informal financial institutions, and complex corporate funding arrangements that threaten growth, stability, and reform efforts. The country has accumulated so much debt so quickly that economists increasingly predict a financial crisis that could make 'Brexit' or Greece's economic ruin seem minor, and could undermine China's ascent as a superpower. Earlier this year, President Xi Jinping issued an urgent call for reform that gives the country until 2020 to transform its economy - a vaguely-defined objective that most economists agree is unrealistic. Whether or not China will be responsible for the next global recession, as some experts forecast, the fate of its economy will have far-reaching consequences for the rest of the world. Yet the inner workings of China's financial system are still very much a mystery to most outsiders. Now more than ever, as the country's slowing economy is being felt around the globe, it is essential to understand how China allowed its economy to become so mired in debt. China's Great Wall of Debt is a penetrating examination of the country's opaque financial system and the complex factors - demographic shifts; urbanization; industrialization; a pervasive over-reliance on debt-fueled investments - that have brought the country to the brink of crisis. Anchored by stories of China's cities and its people; from factory workers and displaced farmers to government officials and entrepreneurs, the narrative will take readers inside the country's ghost cities, zombie companies, start-ups, and regulatory institutions as McMahon explains how things got so bad, why fixing the problems is so hard, and what the economic outlook means for China and for the rest of us.

Corsair

The Locals

Jonathan Dee
Authors:
Jonathan Dee

A rural, working class New England town elects as its mayor a New York hedge fund millionaire in this urgent and inspired novel for our times. Mark Firth is a home builder in Howland, Massachusetts who, after being swindled by a financial advisor, feels opportunity passing him and his family by. What future can he promise to his wife Karen and their young daughter Haley? When a wealthy money manager, Philip Hadi, moves to Howland to escape post-9/11 New York, he hires Mark to turn his his house into a secure location. The collision of these two men's very different worlds -- rural vs urban, middle class vs rich -- propels Jonathan Dee's powerful new novel. After the town's first selectman passes away suddenly, Hadi runs for office and begins subtly transforming the town in his image with unexpected results for Mark and his extended family. THE LOCALS is that rare work of fiction capable of capturing a fraught American moment in real time. It is also a novel that is timeless in its depiction of American small town life.

Little, Brown

Fifty Things that Made the Modern Economy

Tim Harford
Authors:
Tim Harford
Little, Brown

Post-Truth

Evan Davis
Authors:
Evan Davis
Little, Brown

The End of Alchemy

Mervyn King
Authors:
Mervyn King

'A fearless and important book . . . The End of Alchemy isn't just an elegant guide to the history of economic ideas. It also gives a genuine insider's account' TelegraphThe past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking - even if we need to reform the banking system - nor of policy-making - even if mistakes were made - but of ideas. In this refreshing and vitally important book, former governor of the Bank of England Mervyn King - an actor in this drama - proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy?

Little, Brown

The Rich

John Kampfner
Authors:
John Kampfner

From the Orwell Prize shortlisted author of Freedom for Sale, The Rich is the fascinating history of how economic elites from ancient Egypt to the present day have gained and spent their money.Starting with the Romans and Ancient Egypt and culminating with the oligarchies of modern Russia and China, it compares and contrasts the rich and powerful down the ages and around the world. What unites them? Have the same instincts of entrepreneurship, ambition, vanity, greed and philanthropy applied throughout?As contemporary politicians, economists and the public wrestle with the inequities of our time - the parallel world inhabited by the ultra-wealthy at a time of broader hardship - it is salutary to look to history for explanations. This book synthesises thousands of years of human behaviour and asks the question: is the development of the globalised super-rich over the past twenty years anything new?

PublicAffairs

A Chinaman's Chance

Eric Liu
Authors:
Eric Liu

From Tony Hsieh to Amy Chua to Jeremy Lin, Chinese Americans are now arriving at the highest levels of American business, civic life, and culture. But what makes this story of immigrant ascent unique is that Chinese Americans are emerging at just the same moment when China has emerged - and indeed may displace America - at the centre of the global scene. What does it mean to be Chinese American in this moment? And how does exploring that question alter our notions of just what an American is and will be?In many ways, Chinese Americans today are exemplars of the American Dream: during a crowded century and a half, this community has gone from indentured servitude, second-class status and outright exclusion to economic and social integration and achievement. But this narrative obscures too much: the Chinese Americans still left behind, the erosion of the American Dream in general, the emergence- perhaps- of a Chinese Dream, and how other Americans will look at their countrymen of Chinese descent if China and America ever become adversaries. As Chinese Americans reconcile competing beliefs about what constitutes success, virtue, power, and purpose, they hold a mirror up to their country in a time of deep flux.In searching, often personal essays that range from the meaning of Confucius to the role of Chinese Americans in shaping how we read the Constitution to why he hates the hyphen in "Chinese-American," Eric Liu pieces together a sense of the Chinese American identity in these auspicious years for both countries. He considers his own public career in American media and government his daughter's efforts to hold and release aspects of her Chinese inheritance and the still-recent history that made anyone Chinese in America seem foreign and disloyal until proven otherwise. Provocative, often playful but always thoughtful, Liu breaks down his vast subject into bite-sized chunks, along the way providing insights into universal matters: identity, nationalism, family, and more.

Little, Brown

The Undercover Economist Strikes Back: The Prison-Camp Recession

Tim Harford
Authors:
Tim Harford

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the sixth chapter from the book, Harford shows what a recession in a prison camp can tell us about how classical economists think. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29.A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

Little, Brown

The Undercover Economist Strikes Back: The Economy - A User's Manual

Tim Harford
Authors:
Tim Harford
Little, Brown

The Undercover Economist Strikes Back: Boss-o-nomics

Tim Harford
Authors:
Tim Harford

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the ninth chapter from the book, Harford looks at the importance of management in how economies function. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29. A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

Little, Brown

The Undercover Economist Strikes Back: The Babysitting Recession

Tim Harford
Authors:
Tim Harford

In Tim Harford's new book The Undercover Economist Strikes Back, he sets out to explain how the whole world economy works. In this, the second chapter from the book, Harford shows what we can learn from one particular recession that began in the early 1970s and was entirely created on Capitol Hill, the heart of American government. Readers should note that this ebook is just one chapter from the new book. The full book will be released on August 29. A million readers bought The Undercover Economist to get the lowdown on how economics works on a small scale, in our everyday lives. Since then, economics has become big news. Crises, austerity, riots, bonuses - all are in the headlines all the time. But how does this large-scale economic world really work? Find out in The Undercover Economist Strikes Back.

Abacus

Time To Start Thinking

Edward Luce
Authors:
Edward Luce

On its present course, the US faces a world of rising new countries that will compete with it ever more fiecely as its own power is declining. In order to slow and improve this steady leakage of power, the US must change course internationally, economically and domestically. It must also restructure to remain the world's most competitive economy. And it must address quality of life issues and fairness at home. But American politics is broken -- competing forces and interests have led to stasis. With change so tough, where now for a country where the middle classes are suffering as they have never suffered before, the pensions crisis is growing, the deficit out of sight, and radicalism waiting in the wings?

Abacus

In Spite Of The Gods

Edward Luce
Authors:
Edward Luce
Abacus

Made In Britain

Evan Davis
Authors:
Evan Davis

Looking at how Britain pays its way in the world today. Like Andrew Marr's HISTORY OF MODERN BRITAIN or Michael Palin's HIMALAYA, the book will have a coherence and life beyond the television series, mirroring its basic structure, but looking at some issues in greater depth, and telling additional stories to illustrate some of the ideas.This book is about the things that Britain produces in order to pay its way in the world, from physical goods that we can see and feel, to intangible services that are much harder to quantify. We don't have to be prejudiced in favour of certain types of value: we shouldn't assume finance is modern, and manufacturing out of date for example. What matters is what sells and for how much. From manufacturing to technology, design and the services industries, this book will provide a cutting edge analysis - via entertaining stories - about what we make and why it matters.

Edward Luce

Edward Luce is a graduate from Oxford University in Politics, Philosophy and Economics. He worked as a speech writer for the treasury secretary in the Clinton administration, worked as the South Asia bureau chief for the Financial Times and is based in Washington DC as the Financial Times Washington columnist and commentator.

Evan Davis

Evan Davis was born in 1962 in Surrey. He is the highly respected presenter of the BBC Radio 4 Today programme, as well as presenting BBC Two business reality show Dragons' Den.

John Kampfner

John Kampfner is one of the UK's most respected and iconoclastic authors, broadcasters and commentators, and has been a well-known public voice on politics, international affairs and civil liberties for the past two decades. From 2005 to 2008 he was Editor of the New Statesman, and he contributes regularly to the Guardian, Independent, Financial Times and other newspapers. His books include The Rich, Freedom for Sale and Blair's Wars. He lives in London.

Stephen Leeb

Stephen Leeb is the President of Leeb Capital Management. An academic prodigy and Ph.D. with degrees in Economics, Mathematics and Psychology from the Wharton School of Business and the University of Illinois, he has authored four previous books. His wife and longtime collaborator, Donna Leeb, has a diversified background in business and journalism.

Tim Harford

Tim Harford is a senior columnist for the Financial Times and the presenter of Radio 4's More or Less. He was the winner of the Bastiat Prize for economic journalism in 2006, and More or Less was commended for excellence in journalism by the Royal Statistical Society in 2010, 2011 and 2012. Harford lives in Oxford with his wife and three children, and is a visiting fellow at Nuffield College, Oxford. His other books include The Undercover Economist, The Logic of Life and Adapt.