Economic Analysis

Whether driven by mass psychology, fear, or greed of investors, the forces of supply and demand, or a combination, technical analysis has flourished for thousands of years on the outskirts of the financial establishment. In The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals, MIT's Andrew W. Lo details how the charting of past stock prices for the purpose of identifying trends, patterns, strength, and cycles within market data has allowed traders to make informed investment decisions based in logic, rather than on luck.

In his 1936 book The General Theory of Employment, Interest and Money, Keynes argued that traditional economics has misunderstood the causes of unemployment. Employment is not determined by the price of labor; it is directly linked to demand in the economy. Keynes believed market economies are by nature unstable and so require government intervention. Spurred on by the social catastrophe of the Great Depression of the 1930s, Keynes set out to change the way the world thinks about economics.

When Charles P. Kindleberger's Manias, Panics, and Crashes: A History of Financial Crises was first published in 1978, the world was entering a new period of global economic turbulence. Established economists based their analyses on the assumption that investors act rationally, and these economists often communicated their ideas with dry, technical language. Kindleberger rebelled against convention. Using a more literary and descriptive style, he came up with a new view.

We are living in a golden age of biomedical innovation, yet entrepreneurs still struggle with the so-called Valley of Death when seeking funding for their biotech start-ups. In Healthcare Finance, Andrew Lo and Shomesh Chaudhuri show that there are better ways to finance breakthrough therapies, and they provide the essential financial tools and concepts for creating the next generation of healthcare technologies.

This is a VIP executive study guide of the Intelligent Investor book. The Intelligent Investor was written Benjamin Graham and published in 1949. The book is widely used by many gurus and business schools, but is outdated. It was and is a widely acclaimed book on value investing. Graham died in 1976. George Mentz, the IBA award-winning author, has created a five-page summary and analysis of the key securities analysis and wealth management issues for those who are students, MBA candidates, managers, and leaders.

The Survival of the Richest: An Analysis of the Relationship between the Sciences of Biology, Economics, Finance, and Survivalism is Dr. Anthony M. Criniti, IV’s remarkable follow-up to his acclaimed book The Necessity of Finance. Exploring in greater depth how the sciences of economics and finance are necessary for their respective entities to survive, this book integrates some of the hardest concepts of several very important fields of scientific inquiry.

Uncovering the Green Future: Inspiring Solutions for Environmental Challenges. Explore the intersection of economics, technology, and conservation in this engaging guide to a more sustainable future.

Do you want to learn simple and proven strategies to become a successful trader, starting options, Forex, day, and swing trading? This audiobook covers: An overview of options, exercising the option, designing a trading plan, trading psychology, risk management, and much more!

Max Weber was the first to identify beliefs and practices that influenced economic behavior. He found Catholics generally less motivated to succeed in business than Protestants because of their religious belief that everyone could achieve salvation. The branch of Protestants known as Calvinists, on the other hand, believed God determined everyone's salvation status before birth. Nothing a person might do on earth could save a soul marked for damnation.

Mahbub ul Haq died in 1998, three years after the publication of his important work, Reflections on Human Development. The book appeared at the end of Haq's impressive career in international development and described his revolutionary contribution to the discipline. In it, Haq argues that the goal of any society should be to improve the lives of its citizens, therefore economic development should support that aim.

Our Common Future is a joint work produced in 1987 by a United Nations commission headed by former Norwegian Prime Minister, Gro Brundtland. Intended to respond to a growing number of environmental concerns faced by the global community, it recognized the need for long-term strategies to manage natural resources. It says we must act collaboratively to protect the environment, while at the same time stimulating economic and social development.

Mass Motorization and Mass Transit examines how the United States became the world's most thoroughly motorized nation and why mass transit has been more displaced in the United States than in any other advanced industrial nation. The book's historical and international perspective provides a uniquely effective framework for understanding both the intensity of US motorization and the difficulties the country will face in moderating its demands on the world's oil supply and reducing the CO2 emissions generated by motor vehicles.

More than 200 years after Adam Smith published The Wealth of Nations, governments around the world continue to address many of the issues discussed in the book. The most powerful states in the world are still committed to international trade, but questions are repeatedly asked about the role of governments in the economy and the effectiveness of the free market.

So many people dream of becoming their own boss or succeeding in their chosen profession, and with the resources available today, more entrepreneurs and professionals are achieving great success! However, success should be defined for the long term. As opportunities start to grow, so does the competition. Getting your business up and running or starting on your career path is one thing, but having a sustainable business or career is another. Many people make the mistake of making plans, but having no follow-through. This is where analytics comes in.

One of the most influential books on economics ever written, Thomas Robert Malthus's An Essay on the Principle of Population remains one of the most controversial too. This 1798 work inspired naturalists Charles Darwin and Alfred Russel Wallace to develop the theory of natural selection. But it has also sparked criticism - Karl Marx famously called Malthus a "lackey of the bourgeoisie." Yet this hasn't stopped leading present-day environmentalists from taking up Malthus's ideas.

In the century before the Black Death swept across the developed world, economic relations flourished between Europe, the Middle East, and Asia. Before European Hegemony looks at this period. Without any dominant power, the world's economy revolved around eight interlocking sub-systems, with the major world cities and towns playing a crucial role in the system as a whole. But as economic activity spread across borders, so did the Black Death.

Published in 1980, Michael E. Porter's Competitive Strategy went against the accepted wisdom of the time that said firms should focus on expanding their market share. Porter claimed they should, in fact, analyze the five forces that mold the environment in which they compete: new entrants, substitute products, buyers, suppliers, and industry rivals. Then they could rationally choose one of three "generic strategies" - lowering cost, differentiating their product, or catering to a niche market.

Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out. In fact, this doesn't happen. Economist Robert E. Lucas Jr. asks why in his groundbreaking 1990 article, "Why Doesn't Capital Flow from Rich to Poor Countries?" The question has become known as the Lucas paradox. Lucas analyzes this, focusing especially on the role of human capital.

Economist Amartya Sen's 1997 work Development as Freedom presents a "middle way" approach to how we should look at international development, based on the idea that its success or failure cannot be measured by income alone. Having grown up in India, Sen brings his own understanding of what poverty really means to the issue, arguing that above all, the process and goal of development must be human freedom. He backs up this idea through his concept of "capabilities."

In his 2007 book The Black Swan, Nassim Nicholas Taleb says the Black Swans of his title can appear at any time, in the form of financial crises, wars, and other unexpected events that have profound, irreversible consequences. Taleb draws on philosophy, mathematics, economics, and other disciplines to explain in plain English why we seldom prepare for these events adequately. The way our brains process knowledge lull us into believing the future will resemble the past.