Economics

My Side of the Street : Why Wolves, Flash Boys, Quants, and Masters of the Universe Don't Represent the Real Wall Street by Jason DeSena Trennert

On a sticky summer morning at the end of the Eighties, 19-year-old Jason DeSena Trennert-a bright, unconnected Georgetown undergrad with big dreams and an even bigger power tie-set out for Wall Street. Mustering the perceived panache of the bigwigs, he burst through the doors of America's oldest financial firms.

He was roundly rejected. And entirely undeterred.

Trennert accepted a position as a cold-caller and charged ahead with the blind zeal of inexperience, finding in the process a genuine affinity for the customs and history of his work. Clinging to his dream from humble beginnings in financial sector Siberia-Morgan Stanley's Brooklyn outpost-and enduring the vilification of a respectable profession across two boom-bust cycles, he opened his own boutique company, now one of the world's leading research firms.

Part memoir, part love letter to an institution popularly viewed as a necessary (or as just plain) evil, My Side of the Street delivers the long-overdue defense of the investment banking industry critiqued by Michael Lewis and others, illuminating the ethical and decent majority who take the subway, worry about mortgages, and keep the entire enterprise on its feet. Introducing the general reader to captains of finance, famous on The Street but invisible to outsiders, Trennert lays on display the absurdity and unbridled joy of big business-a comic tale of unlikely success in America's most notorious industry.

"Economic hit men,” John Perkins writes, “are highly paid professionals who cheat countries around the globe out of trillions of dollars. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder.”

John Perkins should know—he was an economic hit man. His job was to convince countries that are strategically important to the U.S.—from Indonesia to Panama—to accept enormous loans for infrastructure development, and to make sure that the lucrative projects were contracted to U. S. corporations. Saddled with huge debts, these countries came under the control of the United States government, World Bank and other U.S.-dominated aid agencies that acted like loan sharks—dictating repayment terms and bullying foreign governments into submission.

This New York Times bestseller exposes international intrigue, corruption, and little-known government and corporate activities that have dire consequences for American democracy and the world. It is a compelling story that also offers hope and a vision for realizing the American dream of a just and compassionate world that will bring us greater security.

"As a young man, I came across George S. Clason's classic 1926 book The Richest Man in Babylon, which offered commonsense financial advice told through ancient parables. I recommend it to everyone." --Tony Robbins, in Money: Master the Game

The Richest Man in Babylon, based on "Babylonian parables", has been hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. In simple language, these fascinating and informative stories set you on a sure path to prosperity and its accompanying joys. A celebrated bestseller, it offers an understanding and a solution to your personal financial problem. Revealed inside are the secrets to acquiring money, keeping money, and making money earn more money.

"This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investor." -- Los Angeles Times

Anyone desiring financial prosperity will welcome this revealing and effective insight into how God has promised to richly bless us and give us abundance.

When it comes to going to the next level in life, the area of finances is one in which God desires to increase and expand us to greater levels. As we prioritize our finances and commit to making God's way of doing things our primary focus, we can begin to experience the financial blessing God promises in His Word.

In YOU'RE SUPPOSED TO BE WEALTHY, Creflo Dollar gives spiritual and practical wisdom on how to position yourself for financial increase. Not only must you activate spiritual principles such as walking by faith and obedience, but you must also learn how to operate in a level of stewardship that demonstrates character, responsibility, and wisdom.

A Surprising Economic History of the World

A "provocative...persuasive" (The New York Times) book that examines countries' economic destinies. 

In False Economy, Alan Beattie weaves together the economic choices, political choices, economic history, and human stories, that determine whether governments and countries remain rich or poor.

He also addresses larger questions about why they make the choices they do, and what those mean for the future of our global economy. But despite the heady subject matter, False Economy is a lively and lucid book that engagingly and thought-provokingly examines macroeconomics, economic topics, and the fault lines and successes that can make or break a culture or induce a global depression. Along the way, readers will discover why Africa doesn't grow cocaine, why our asparagus comes from Peru, why our keyboard spells QWERTY, and why giant pandas are living on borrowed time.

What?  Read Das Kapital?  To do that you need the brain of Einstein and the patience of Job.

Not true.  In this funny, irreverent, sophisticated book, David Smith and Phil Evans explode the myth of difficulty haunting Das Kapital--or Captial, in plain English.  In itself a brilliant work of simplification without simple-mindedness, this beginners' guide illustrates Marx's key concepts without losing his humor and the immense vitality of his great work.

Capital is Marx's masterpiece about labor, wages, and unemployment; factories, machines, and commodities; money, prices, and value; exploitation, the antagonism between capitalists and workers; the struggle for working-class dignity, freedom, and power.

A Pantheon Documentary Comic Book

There has been very few economic systems which have been tried and tested over the last two centuries at least. Socialist system had failed miserably resulting in disintegration of soviet block. Capitalistic system has survived so far but ultimately it is going to drown all the developed and the developing nations of the world with no solution in sight . Worlds top Nobel prize winners are sitting helpless over the ruins of earth quake created by the capitalistic system. 

The world renowned economists have only three things to offer namely the INTEREST RATE ,INFLATION RATE AND THE EXCHANGE RATE. They CHANGE THESE RATES frequently BUT WITH ZERO RESULT. 

I have created a new financial instrument which is interest and tax free system and has tremendous appeal because it works according to human nature and is full of incentives . It removes the interest and at the same time all types of taxes by choice. It is an out of the box solution unknown to economic world. Float interest free bonds with different conditions which are full of incentives so that every person is forced to buy these bonds in bulk as early as possible because the incentives decrease as the time passes. 

1. 60 % discount on the sale of goods or services if purchased by bonds and not by Rupees but these bonds will only replace the actual currency in public sector and not in private sector where actual currency will be used . 

2. At least 100 % return in less than 30 days if 100,000 thousand Rupees are spent in purchasing these bonds . 

3. One hundred billion prize money to be awarded to lucky winners(one hundred thousand winners of one million Rupees ) picked up from these bonds EVERY DAY . 

4. Looted or tax evaded money will join the depleted economy by offering 10 million duty free on the option of surrendering 1000 dollars to the state bank of India . (Only for one month)This option applies to goods purchased inside the country where duty applies and to all imported goods but this option will have to be used within one year of date of purchase. The govt declares a tax free country because of tremendous amount of funds generated by these incentives so all kinds of black money will become white and will enter into the economy resulting in tremendous boost to the present economic situation. 

5. It is expected that at least few years of budget will be in government coffers in less than 24 hours and much more within a month .By the year end the amount collected by the state will be at least 100 times more than the annual budget. The funds thus collected are not debt and hence not be refunded or paid any interest on these funds . 

6. At least 50 Millions employed to sell these bonds not on salary but on commission with a fixed quota per year for each agent . 

7. Industry will multiply like mushrooms as there is no duty and no tax. 

8. Production cost will be less than half so the cost of living will also decrease tremendously. 

9. As the government is not spending any funds to implement this system so hence there is the Zero risk to the economy . 

10. Salary of all government servants will be increased to three times which will reduce corruption to a great extent . 

11. Seeing is believing but you have to read the book. 

12. Million dollar reward is offered to prove my theory wrong. FRCS, PhD PhD. Economics, Finance and Business Administration, USA

The World Is Flat is Thomas L. Friedman's account of the great changes taking place in our time, as lightning-swift advances in technology and communications put people all over the globe in touch as never before--creating an explosion of wealth in India and China, and challenging the rest of us to run even faster just to stay in place. This updated and expanded edition features more than a hundred pages of fresh reporting and commentary, drawn from Friedman's travels around the world and across the American heartland--from anyplace where the flattening of the world is being felt.

In The World Is Flat, Friedman at once shows "how and why globalization has now shifted into warp drive" (Robert Wright, Slate) and brilliantly demystifies the new flat world for readers, allowing them to make sense of the often bewildering scene unfolding before their eyes. With his inimitable ability to translate complex foreign policy and economic issues, he explains how the flattening of the world happened at the dawn of the twenty-first century; what it means to countries, companies, communities, and individuals; how governments and societies can, and must, adapt; and why terrorists want to stand in the way. More than ever, The World Is Flat is an essential update on globalization, its successes and discontents, powerfully illuminated by one of our most respected journalists.

The author of the groundbreaking bestseller A Beautiful Mind takes the reader on a journey of discovery—how the greatest invention of modern times, economics, has changed the lives of every single human being.

In a sweeping narrative, the author of the megabestseller A Beautiful Mind takes us on a journey through modern history with the men and women who changed the lives of every single person on the planet. It’s the epic story of the making of modern economics, and of how economics rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate. 

Nasar’s account begins with Charles Dickens and Henry Mayhew observing and publishing the condition of the poor majority in mid-nineteenth-century London, the richest and most glittering place in the world. This was a new pursuit. She describes the often heroic efforts of Marx, Engels, Alfred Marshall, Beatrice and Sydney Webb, and the American Irving Fisher to put those insights into action—with revolutionary consequences for the world. 

From the great John Maynard Keynes to Schumpeter, Hayek, Keynes’s disciple Joan Robinson, the influential American economists Paul Samuelson and Milton Freedman, and India’s Nobel Prize winner Amartya Sen, she shows how the insights of these activist thinkers transformed the world—from one city, London, to the developed nations in Europe and America, and now to the entire planet. In Nasar’s dramatic narrative of these discoverers we witness men and women responding to personal crises, world wars, revolutions, economic upheavals, and each other’s ideas to turn back Malthus and transform the dismal science into a triumph over mankind’s hitherto age-old destiny of misery and early death. This idea, unimaginable less than 200 years ago, is a story of trial and error, but ultimately transcendent, as it is rendered here in a stunning and moving narrative.