Archives de catégorie : Economics

NO ONE LEFT de Paul Morland

Why we face population collapse and what to do about it.

NO ONE LEFT
Why the World Needs More Children
by Paul Morland
Forum Press, September 2024
(via Randle Editorial & Literary Consultancy)

A population calamity is unfolding before our eyes. It started in parts of the developed world and is spreading to the four corners of the globe. There are just too few babies being born for humanity to replace itself. Before the end of the current century at the latest, and probably much sooner, the world’s population will start to decline.

Leading demographer Paul Morland argues that the consequences of this promise to be calamitous. Labour shortages, pensions crisis, ballooning debt: what is currently happening to South Korea – which faces population decline of more than 85% within just two generations – threatens to engulf us all, and sooner than we think. In time a ballooning number of elderly people will simply be left to their own devices as there will not be enough people of working age to meet all needs. Whole settlements will start to be abandoned. Social collapse may ensue.

NO ONE LEFT will chart this future, explain its causes and suggest what might be done. We can and must rise to this challenge.

Paul Morland is the UK’s and one of the world’s leading demographers. He has been an Associate Research Fellow at Birkbeck, University of London and a Senior Member at St Antony’s College, University of Oxford. His previous books include The Human Tide: How Population Shaped the Modern World and Tomorrow’s People: The Future of Humanity in Ten Numbers.

FEMONOMICS de Corinne Low

A radical framework for understanding and improving the lives of women, using a data-driven approach to overcoming the structural, economic, and biological factors that force and constrain women’s choices and limit their potential for wellbeing.

FEMONOMICS
Winning the Bread and Baking It Too: A Data Driven Approach to Happiness in Work, Life, and Home
by Corinne Low
Flatiron, Fall 2025
(via Park & Fine Literary and Media)

Where mostly male behavioral psychologists have previously dominated the categories of happiness and optimization, Corinne, a professor at University of Pennsylvania’s Wharton School, applies economic principles to uniquely female concerns. Teaching readers how to use concepts like personal utility function (how we individually maximize profit and joy) and constrained optimization (making the best choice within external limits) to think about decisions and tradeoffs like the cost of a biological clock, Corinne will arm women with the tools they need to ask for more: from their partners, from their bosses, and from the system itself.

Because Corinne researches the key decisions that shape women’s lives, she finds herself most often answering surprisingly everyday (and existential!) questions from students during office hours, colleagues at conferences, and journalists behind the scenes. Questions like:

  • Should I break up with my boyfriend?
  • What kind of career gives me the life I want?
  • How should I pick a partner?
  • What kind of parent do I want to be?
  • When should I consider freezing my eggs?
  • Why should I fight to get the house in the divorce?

This book is not about optimizing — women are already optimized. It is about moving beyond the work-life binary to help women enjoy a better deal at work, in life, and at home.

Corinne Low is an Associate Professor of business Economics and Public Policy at the Wharton School, specializing in labor and development economics. Her research brings together applied microeconomic theory with lab and field experiments to understand the determinants of who gets how much across gender and age lines. Corinne received her PhD in economics from Columbia University and her undergraduate degree in economics and public policy from Duke University.

MELTDOWN de Duncan Mavin

MELTDOWN charts the incredible inside story of a once venerable Swiss bank that produced a conveyor belt of financial scandals and whose collapse reveals the amorality at the heart of the global banking system.

MELTDOWN
The Collapse of Credit Suisse
by Duncan Mavin
Pan Macmillan, September 2024
(via Northbank Talent Management)

It’s an international tale that takes us from Mozambique to Australia, from Hong Kong to New York, and of course, inside the hushed, marble corridors of Zurich’s banking elite.

Mavin is uniquely sourced to tell the story of Credit Suisse’s scandal-ridden demise, with dozens of inside-the-room contacts that can spill exclusive details about the bank onto the page. The bank’s collapse has been the biggest shock to the financial system since the financial crisis, sparking a media frenzy. But only Duncan has access to key sources within the bank’s executive suite and inner circle that will bring this critical, rollicking story to life.

Duncan Mavin is a seasoned international financial journalist and author of the critically acclaimed The Pyramid of Lies: Lex Greensill and the Multi-Billion Dollar Scandal. Since 2009, he has been a reporter, editor and now columnist for Dow Jones publications including the Wall Street Journal, based in Hong Kong, London and New York. His writing has also appeared in Barron’s, Financial News and on Bloomberg News. He lives with his wife and three sons in the UK.

THE END OF REALITY de Jonathan Taplin

A brilliant takedown and exposé of the great con job of the twenty-first century—the metaverse, crypto, space travel, transhumanism—being sold by four billionaires (Peter Thiel, Mark Zuckerberg, Marc Andreesen, Elon Musk), leading to the degeneration and bankruptcy of our society.

THE END OF REALITY:
How Four Billionaires are Selling a Fantasy Future of The Metaverse, Mars, and Crypto
by Jonathan Taplin
PublicAffairs, September 2023
(via Writers House)

At a time when the crises of income inequality, climate, and democracy are compounding to create epic wealth disparity and the prospect of a second American civil war, four billionaires are hyping schemes that are designed to divert our attention away from issues that really matter. Each scheme—the metaverse, cryptocurrency, space travel, and transhumanism—is an existential threat in moral, political, and economic terms.
In THE END OF REALITY¸ Jonathan Taplin provides perceptive insight into the personal backgrounds and cultural power of these billionaires—Peter Thiel, Elon Musk, Mark Zuckerberg, and Marc Andreesen (“The Four”) —and shows how their tech monopolies have brought middle-class wage stagnation, the hollowing out of many American towns, a radical increase in income inequality, and unbounded public acrimony. Meanwhile, the enormous amount of taxpayer money to be funneled into the dystopian ventures of « The Four, » the benefits of which will accrue to billionaires, exacerbate these disturbing trends. 
THE END OF REALITY is both scathing critique and reform agenda that replaces the warped worldview of « The Four » with a vision of regenerative economics that seeks to build a sustainable society with healthy growth and full employment.

Persuasive and insightful, this cutting portrait of America on the verge of oligarchy hits home.” —Publishers Weekly, starred review

Jonathan Taplin is a public intellectual, writer, film producer, and scholar. He is the director emeritus of the Annenberg Innovation Lab at the University of Southern California and professor at the USC Annenberg School from in the field of international communication management and digital media entertainment. His extraordinary journey has put him at the crest of every major cultural wave in the past half century: he was tour manager for Bob Dylan and the Band, producer of major films such as Martin Scorsese’s Mean Streets, an executive at Merrill Lynch, creator of the Internet’s first video-on-demand service  and a cultural critic and author writing about technology in the new millennium. His book Move Fast and Break Things: How Facebook, Google and Amazon Cornered Culture and Undermined Democracy (Little Brown 2017) was nominated by the Financial Times as one of the Best Business Books of 2017. His commentary has appeared in the New York Times, the Washington Post, Time magazine, the Huffington Post, the Guardian, Medium, the Washington Monthly, and the Wall Street Journal.

NUMBER GO UP de Zeke Faux

The harrowing, highly entertaining inside chronicle of how FTX founder Sam Bankman-Fried and a cast of fellow nerds and hustlers convinced the world to send trillions of dollars of real money to buy useless virtual coins—from a Bloomberg Businessweek writer.

NUMBER GO UP:
Inside Crypto’s Wild Rise and Staggering Fall
by Zeke Faux
Currency/PRH, September 2023

After years on the financial world’s margins, crypto went mainstream in 2021. Giant investment funds were buying it, celebrities like Tom Brady and Justin Bieber endorsed it, and Washington bigwigs debated new regulations. It seemed like everyone knew someone who was bragging about their returns from Bitcoin, Ethereum, Dogecoin and other bizarrely named “digital assets.” FOMO spread: Was crypto the new path to financial freedom? Unspoken was that hardly anyone knew how it worked. To borrow a phrase from crypto parlance, the only thing that mattered was “number go up.”
Observing this mania, Zeke Faux decided to embark on a quest to pull back the curtain on the wizards behind this new financial machinery. He first sets his sights on Tether, a digital currency dreamed up by a former child actor from the 1992 Disney film 
The Mighty Ducks. Tether had become crypto’s de facto bank, with $69 billion pouring into it. Each Tether was supposedly backed by one dollar. But where was the money?
As he chases this mystery around the globe, Faux is driven by a nagging question: Is it all just a global confidence game of epic proportions? In the Bahamas, he meets Tether’s biggest customer: Sam Bankman-Fried, a schlubby 29-year-old who 
Fortune once suggested was “the next Warren Buffett.” In El Salvador, he discovers what happens when a country decides to gamble its treasury on Bitcoin. A spam text message leads him to a crypto-fueled human-trafficking ring in Cambodia. And in Lugano, Switzerland, he finally tracks down the mysterious former plastic surgeon who runs Tether.
Then, in 2022, the crypto bubble burst, and Tether’s biggest customers started collapsing one by one. It culminated in November, when Bankman-Fried’s FTX failed in spectacular fashion. Faux returns to the Bahamas and takes readers inside the glittering sadness, lies and delusion of SBF’s luxury loft in the days after FTX’s implosion, revealing the emptiness at the center of the crypto industry. Fueled by the absurd details and authoritative reporting that earned Faux the title “our great poet of crime” (Matt Levine), NUMBER GO UP
 is a riveting account of the biggest financial mania the world has ever seen.

Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News in New York. He’s a winner of the Gerald Loeb award for explanatory business journalism and the American Bar Association’s Silver Gavel award, and a finalist for a National Magazine Award. Faux lives in Brooklyn, New York, with his wife and their three children.