Power Economics

Inequality is up. Decent work is down. Free market fundamentalism has been exposed as a tragic failure. In a job market upended by COVID-19—with Canadians caught in the grip of precarious labour, stagnant wages, a climate crisis, and the steady creep of automation—an ever-louder chorus of voices calls for a liveable and obligation-free basic income.

The intensified globalization that ensued after the end of the Cold War has resulted in an unprecedented level of interconnectedness between the economies of all rising and established powers. Economic interdependence makes today's world a much more complex place than when balance of power theory was initially developed. International relations literature has overlooked the fact that great powers have been using institutions to soft balance each other's power and aggressive behavior. Restraining Great Powers places the evolution of balancing behavior in historical perspective.

This is the inside story of the US-China trade war, how relations between these superpowers unraveled, darkening prospects for global peace and prosperity, as told by two Wall Street Journal reporters, one based in Washington, DC, the other in Beijing, who have had more access to the decision-makers in the White House and in China’s Zhongnanhai leadership compound than anyone else.

Susan L. Shirk, a former Deputy Assistant Secretary of State responsible for China, knows many of today's Chinese rulers personally and has studied them for three decades. She offers invaluable insight into how they think—and what they fear. In this revealing book, you will see the world through the eyes of men like President Hu Jintao and former President Jiang Zemin. We discover a fragile communist regime desperate to survive in a society turned upside down by miraculous economic growth and a stunning new openness to the greater world.

Weak, corrupt, and politically unstable, the former Soviet republics of Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan are dismissed as isolated and irrelevant to the outside world. But are they? This hard-hitting book argues that Central Asia is in reality a globalization leader with more extensive involvement in economics, politics, and security dynamics beyond its borders than any other world region. Yet Central Asia's international activities are mostly hidden from view, with disturbing implications for world security.

The tilt (tilt): 1. The shift in business and economic power from countries of the north to the fast-developing markets and economies of the south - not only China, India and Brazil, but also the Middle East and parts of Africa. 2. The result of unstoppable forces, including the volatile global financial system, digitization, the rise of state capitalism and a new global middle class that is both youthful and urban- forces by which industries and economies rapidly emerge and change the global playing field.

Barack Obama approaches the presidency at a critical moment in American history, facing simultaneous crises of war, the environment, health care, but especially the economy. If he is able to rise to the moment, he could join the ranks of a small handful of previous presidents who have been truly transformative, succeeding in fundamentally changing our economy, society, and democracy for the better.

In The Currency of Empire, Jonathan Barth explores the intersection of money and power in the early years of North American history, and he shows how the control of money informed English imperial action overseas. The export-oriented mercantile economy promoted by the English Crown, Barth argues, directed the plan for colonization, the regulation of colonial commerce, and the politics of empire. The imperial project required an orderly flow of gold and silver, and thus England's colonial regime required stringent monetary regulation.

Based on Norman Vincent Peale's classic best seller, and written in cooperation with the Peale Center, this program provides a practical way for each of us to develop the 10 traits of a positive thinker, which can turn defeatist behavior into productive actions, overcoming the toughest of challenges with powerful, positive results.

In this essential and timely book, behavioral scientists Sanders and Hume demonstrate the astonishing reach of our social networks, and why we need to reclaim their power to effect positive change in our professional and private lives. The rise of social media has sent our social instincts into overdrive, and the impact of our networks has never been greater. But what if we could reclaim the positive power that influences our decisions, to behave better and be happier?

This groundbreaking book is the first to both identify the wide range of political risks that global firms face and show investors how to effectively manage them. Written by two of the world's leading figures in political risk management, it reveals that, while the world remains exceedingly risky for businesses, it is by no means incomprehensible. The authors provide a wealth of unique methods, tools, and concepts to help understand political risk, showing when and how political risk analysis works - and when it does not.

Got performance? Seeking assets to manage? Frustrated by the youthful research professionals across the table who “just don’t get it” while seeming to control billions? Managers are often challenged by the process of asset gathering. Why doesn’t the market recognize the firm’s value? Where is the AUM? Here is a big idea - let’s ask these institutions why most managers do not have their assets and never will.

When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil's emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were triumphantly taking their place at the center of global capitalism and how wealth inequality was changing societies everywhere.

As a new administration focuses on raising American energy production, O'Sullivan's Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices. It changed the structure of markets and altered the way many countries wield power and influence.

Just as Thomas Piketty offered a sweeping critique and progressive reassessment of capitalism, former World Bank Group chief financial officer Bertrand Badré looks at the destructive role finance played in the global economic crisis of 2007–2008 and offers a bold prescription for making it a force for good. Badré says that finance is inherently neither good nor bad. It's just a tool—the most powerful tool on earth. Used correctly, it can be at the heart of the way we address many of the world's biggest problems, ranging from climate change to the eradication of poverty to building much-needed infrastructure. He describes innovations in financial tools and approaches that are already happening around the world and looks at the role regulation can play in channeling the power of finance in a positive direction. He details options for strengthening international cooperation for financial stability and prosperity and overcoming the blinkered nationalism currently on the rise. And he tells what is working and what needs to change in financing the sustainable development of the world.

For millenniums, the elites have had access to knowledge that was out of bounds from the common folk. The knowledge was only known by those at the top of ruling hierarchy and was passed down to the next generation only. This knowledge enabled them to continue being at the top of hierarchy and rule those who are beneath them, establishing their stronghold over positions of power and influence. Ninety percent did not know anything about them and speculated about their lives and ideologies. They pondered and thought of conspiracy theories.

Through economics, our politicians have the power to transform people's lives for better or worse. Think Deng Xiaoping who lifted millions out of poverty by opening up China; Franklin D Roosevelt whose 'New Deal' helped the USA break free of the Great Depression; or Peron and his successors in Argentina who brought the country to the brink of ruin. In this magisterial history, economist and politician Vince Cable examines the legacy of 16 world leaders who transformed their countries' economic fortunes and who also challenged economic convention.

Every day, we produce loads of data about ourselves simply by living in the modern world: we click web pages, flip channels, and shop with credit cards. Now, in one of the greatest undertakings of the 21st century, a savvy group of mathematicians and computer scientists is beginning to sift through this data to profile us as workers, shoppers, patients, voters, potential terrorists, even lovers. Their goal? To manipulate our behavior.

2020년 코로나 19라는 초유의 사태로, 일찍이 경험해 보지 못한 일들이 잇달아 일어나고 있다. 모든 것이 그 이전과는 다른, 우리가 경험해보지 못한 '달라진 세계'에 대한 전망과 담론장이 폭발하고 있다. 하지만 그런 담론의 범람 속에서 고민의 '방향'을 함께 질문하려는 시도가 드문 것이 사실이다.

2020년 코로나 19라는 초유의 사태로, 일찍이 경험해 보지 못한 일들이 잇달아 일어나고 있다. 모든 것이 그 이전과는 다른, 우리가 경험해보지 못한 '달라진 세계'에 대한 전망과 담론장이 폭발하고 있다. 하지만 그런 담론의 범람 속에서 고민의 '방향'을 함께 질문하려는 시도가 드문 것이 사실이다.