Money Education

When one thinks about Berkshire Hathaway, the business giant, we often tend to think of Warren Buffet. We know that Buffet is known to be a legendary investor, of that we cannot deny. Little do people know that the vice-president of Berkshire Hathaway is also a legendary investor in his own right. In this book we will summarize and discuss Tren Griffin's book Charlie Munger: The Complete Investor and learn more about Charlie himself. We will also discuss the concepts of value investing and other investment ideas from this icon of investing.

There is no doubt that the economic crisis of 2008 was one of the worst in recorded history. It was scary times. What is even scarier still is the fact that it's only a matter of time before another crisis will occur. In Thomas E. Wood's book Meltdown, he makes the case that the US Government was to blame for the 2008 meltdown and asks how the government can insure it doesn't happen again. In this edition of Summary Shorts, we will analyze and summarize the ideas put forth in Meltdown and learn how a future financial crisis can be avoided.

In this review, we will analyze, discuss, and summarize the key points in The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse.

If you have been on top of the news as of late you would have heard of the various scandals and exposes of the rich and powerful sheltering their money in offshore tax havens. Tax havens are a very popular way for those who have the means to hide their assets from taxation as well as other legal proceedings. In this review of The Hidden Wealth of Nations by Gabriel Zucman, we will analyze, discuss, and summarize the book's key points.

Please note: This is a summary and analysis of Unshakeable: Your Financial Freedom Playbook and not the original book.

What explains the growing class divide between the well-educated and everybody else? Noted author Brink Lindsey, a senior scholar at the Kauffman Foundation, argues that it's because economic expansion is creating an increasingly complex world in which only a minority with the right knowledge and skills - the right "human capital" - reap the majority of the economic rewards. The complexity of today's economy is not only making these lucky elites richer - it is also making them smarter.

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.

Philanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation - and the world - has remained largely unexplored. Why Philanthropy Matters takes an in-depth look at philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment of wealth in other countries.

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.

In The Big Short, Micheal Lewis chronicles the looming housing market crash of 2008-2009 through the eyes of a select few who saw it coming and positioned themselves to make a substantial amount of money from the folly of bankers. Follow the unapologetic analyst Steve Eisman; the value investor-savant Michael Burry; the two "event-driven" investors with no hedge fund chops; and the sleazy Grep Lippmann, who did his best to spread the idea and make money off investors wanting in and out of subprime.

A recent report by the research group Massolution opines that crowdfunding and P2P investors injected $1 billion into the US real estate market in 2014 and that the number will double in 2015. New debt participation structures and an increased access to non-US investors are cited as two reasons.

Do you want to make more money selling on eBay? eBay 2014 is the missing handbook for how to make money selling on eBay. eBay 2014 discusses the new eBay Seller Updates and how they affect you. It covers current problems eBay sellers are having with listing visibility, pictures, pricing, and more.

Complete instructions on how you must get your family completely protected by the ongoing and worsening "Dollar Devaluation Depression." This is what our economy will be named by historians of the future. The government is lying to us about our economic conditions because they are the ones who are causing it. It's time to learn how to protect your family from the coming food crisis caused by these government-caused "Dollar Devaluations" by becoming a food wholesaler.

An in-depth exploration and expos of the predatory nature of the student loan industryAlan Collinge never imagined he would become a student loan justice activist. He planned to land a solid job after college, repay his student loan debt, and then simply forget the loans ever existed. Like millions of Americans, however, in spite of working hard, Collinge fell behind on payments and entered a labyrinthine student loan nightmare.

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.

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."

The Midwest Book Review calls Striker Jones a "fun and rollicking series" with "effortless teaching of both cooperation values and basic economics". Striker Jones is a classic kid's detective novel that also teaches children ages 8-12 basic economic concepts. By solving 10 entertaining mysteries with boy detective Striker Jones, kids will learn concepts like trade-offs, supply and demand, risk, and incentives. There's no jargon - only fun!

Since the 19th century, people have claimed that the prosperity enjoyed by the First World was the result of its devotion to unconstrained economic freedoms. In his 2003 book Kicking Away the Ladder, South Korean economist Ha-Joon Chang claims this was not the case and that, in fact, First World economic success was due to exactly the kinds of state intervention that traditional economic thinking consistently opposes today.

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.

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.