Economics Books

Fiasco is a must-read for anyone considering a career in finance or curious about the derivatives trading industry. Frank Partnoy provides a shocking exposé of the industry's dark side, with a rare glimpse into the offices and trading floor of Morgan Stanley. The book's most unique and distinctive feature is the annual drunken skeet-shooting competition, FIASCO, which serves as a metaphor for the cutthroat and competitive culture of the industry. If you want to learn about the risks and consequences of investing in derivatives, Fiasco is an eye-opening account that could save you billions of dollars.

Trump reveals the business secrets that have made him America’s foremost deal maker! “I like thinking big. I always have. To me it’s very simple: If you’re going to be thinking anyway, you might as well think big.”—Donald J. Trump  Here is Trump in action—how he runs his business and how he runs his life—as he meets the people he needs to meet, chats with family and friends, clashes with enemies, and changes the face of the New York City skyline. But even a maverick plays by rules, and Trump has formulated eleven guidelines for success. He isolates the common elements in his greatest deals; he shatters myths; he names names, spells out the zeros, and fully reveals the deal-maker’s art. And throughout, Trump talks—really talks—about how he does it. Trump: The Art of the Deal is an unguarded look at the mind of a brilliant entrepreneur and an unprecedented education in the practice of deal-making. It’s the most streetwise business book there is—and the ultimate read for anyone interested in achieving money and success, and knowing the man behind the spotlight.

This book is a must-read for those interested in the history of Singapore. Lee Kuan Yew offers a frank and unique perspective on how a tiny country managed to transform into a prosperous and secure modern society in just a few decades. He shares his disapproving approach to political opponents and his unorthodox views, making this a candid and insightful account of Singapore's survival. Lee's relationships with political peers such as Margaret Thatcher and Ronald Reagan also add to the interest. Overall, this book is a brilliant portrayal of an influential man and his role in Singapore's incredible journey towards development.

This memoir is a must-read for anyone interested in politics, leadership, and the incredible transformation of Singapore. Through the eyes of Lee Kuan Yew, the founding father of modern Singapore, you'll gain insights into his visionary leadership and the strategies he employed to turn a small, resource-poor nation into a thriving global hub. Lee's candid and pragmatic approach to governance will leave you inspired and in awe of Singapore's success story.

This book provides an inside look into the world of finance and stock fraud. It is a compelling read for anyone interested in the dark side of Wall Street and the challenges of recovery from addiction. Users may appreciate the author's honesty and frankness in describing his experiences, as well as his efforts to make amends and rebuild his life.

*** Wall Street Journal bestseller *** Investing isn’t a man’s world anymore—and this provocative and enlightening book shows why that’s a good thing for Wall Street, the global financial system, and your own personal portfolio. Warren Buffett and all of the women of the world have one thing in They are better investors than the average man. It’s been proved by psychologists and scientists, and the market calamities of the past two years have only provided more statistical and anecdotal evidence of the same. Here are just a few characteristics of female investors that distinguish them from their male counterparts. • Women spend more time researching their investment choices than men do. This prevents them from chasing “hot” tips and trading on whims -- behavior that tends to weaken men’s portfolios. • Men trade 45% more often than women do, and although men are more confident investors, they tend to be overconfident. By trading more often -- and without enough research -- men reduce their net returns. But by trading less often, women get better returns and also save on transaction costs and capital gains taxes. • A study by the University of California at Davis found that women’s portfolios gained 1.4% more than men’s portfolios did. What’s more, single women did even better than single men, with 2.3% greater gains. • Women tend to look at more than just numbers when deciding whether to invest in a company. They invest in companies they feel good about ethically and personally. And companies with good products, good services, and ethics tend to have better long-term prospects -- and face fewer lawsuits. Women, with their capability for patience and good decision-making, epitomize the Foolish investment philosophy and the investment practices of the most successful investor in Warren Buffett. While men are brash, compulsive, and overly daring, women tend to be more studious, skeptical, and reasonable. This indispensable volume from the multimedia financial education company Motley Fool offers essential advice for every investor hoping to turn today’s savings into wealth for a better tomorrow.

He’s the swashbuckling world traveler and legendary investor who made his fortune before he was forty. Now the bestselling author of A Bull in China, Hot Commodities , and Adventure Capitalist shares a heartfelt, indispensable guide for his daughters (and all young investors) to find success and happiness. In A Gift to My Children , Jim Rogers offers advice with his trademark candor and confidence, but this time he adds paternal compassion, protectiveness, and love. Rogers reveals how to learn from his triumphs and mistakes in order to achieve a prosperous, well-lived life. For • Trust your own Rogers sensed China’s true potential way back in the 1980s, at a time when most analysts were highly skeptical of its prospects for growth.• Focus on what you Rogers was five when he started collecting empty bottles at baseball games instead of playing.• Be Coming to Yale from rural Alabama, and in over his head, Rogers never stopped studying and wound up with a scholarship to Oxford.• See the In 1990, Rogers traveled through six continents by motorcycle, gaining a global perspective and learning how to evaluate prospects in rapidly developing countries such as Brazil, Russia, India, and China.• Nothing is really anything deemed “innovative” or “unprecedented” is usually just overhyped, as in the case of the Internet or TV, airplanes, and railroads before it• And not a bit off the subject, and very Boys will need you more than you’ll need them!Wise and warm, accessible and inspiring, A Gift to My Children is a great gift for all those just starting to invest in their futures.

Direct from Dell is an excellent read for entrepreneurs who want to learn from one of the world's most successful businessmen. It offers practical advice on how to gain a competitive edge, the importance of studying customers instead of competition, and how to take advantage of weaknesses in the market. Michael Dell's story of success and his ideas for revolutionizing industry make this book an inspiring and informative read.

"Karen’s interviewees were a veritable who’s who in Asia … Entrepreneurs who reflect the diversity of Asia, the different routes and paths to success, but who are bound together by common themes on life, family and values. This is what Power Talk has managed to capture, and in essence, what Channel NewsAsia was meant to do … I would recommend it to anyone who wants to understand entrepreneurship in Asia." Debra Soon Chief Customer Officer, Mediacorp Pte Ltd What drives success in Asia? How did the pioneers do what they did, how are they planning their succession? What are their views on life and family? After six seasons of Channel News Asia's Power List Asia, with 73 episodes high-powered guests, over 26,000 manhours of pre- and post-production and 130,000 airmiles, comes Power Talk. Distilling the very best and most memorable conversations with various head honchos, Karen Lam sits down (not on television this time) to compile the best business ideas, personal philosophies, attitudes and intriguing stories into common themes of leadership and entrepreneurship in Asia. Featuring more than 20 Powerlisters and a range of topics such as crisis management, brand building, expanding westward and succession planning, Power Talk is a must-read for any Asian entrepreneur on the cusp of that next league.

"Conversations With Lee Kuan Yew" is a must-read for those interested in learning about Singapore's development as a modern nation. Through candid interviews with Lee Kuan Yew, readers gain insight into his uncorrupted, modern, and almost scientific approach to leadership. The book includes previously unreleased interviews and offers a unique perspective on one of the most unforgettable political figures of modern times. Overall, a great read for those interested in politics, leadership, and nation-building.

The New New Thing is a great read for anyone interested in the rise of startups and technology in the 21st century. Michael Lewis provides readers with an inside look into the battle between Netscape and Microsoft, as well as the investment bankers' skepticism of Healtheon. The book's most unique feature is the story of Clark's complex sailboat, Hyperion, and his belief that he can control it via computer. It's an intriguing and entertaining read for those interested in the tech industry and stories of innovation.

This book could be a good read for someone who is fascinated by the world of corporate management and enjoys memoirs with a humorous touch. Steve Miller's candid account of his experiences offers valuable insights into the challenges and strategies involved in rescuing troubled companies. Beyond the usual tales of success, his wry sense of humor adds a refreshing twist to this captivating narrative.

Myth has it that Rupert Murdoch was left with little by his father, but actually he inherited a relatively successful newspaper publishing operation. Murdoch was ambitious and the only way in which he could expand was by buying other papers. And the only way he could pay for them was by borrowing money. Within a few years of his father's death, the debts of his company had rocketed. Murdoch's penchant for expanding by borrowing is often the subject of comment, but in fact he owns relatively little of News Corporation, his mother and three sisters being substantial shareholders. The corporation's heavy borrowing has worked as a strategy in several ways, such as profits financing expansion into other markets, the success of selling unwanted businesses for profit, "creative accounting" and in meeting the variation in the tax laws of different countries. The authors of this book examine the history of News Corporation and offer their conclusion that the net is now closing.

As Sam Walton himself said, this is "...a story about entrepreneurship, and risk, and hard work, and knowing where you want to go and being willing to do what it takes to get there. And it's a story about believing in your idea even when maybe some other folks don't, and about sticking to your guns." It's the story of how Walton parlayed a single dime store in a hardscrabble cotton town into Wal-Mart, the largest retailer in the world. The undisputed merchant king of the late twentieth century, he never lost the common touch. Here Walton tells his extraordinary story in his own inimitable words. Genuinely modest, but always sure of his ambitions and achievements, Walton shares his thinking in a candid, straight-from-the-shoulder style."Here is an extraordinary success story about a man whose empire was built not with smoke and mirrors, but with good old-fashioned elbow grease."

Recommendation: This book is a great read for anyone who is interested in entrepreneurship, business or Japanese culture. The book tells the stories of eleven different companies from various industries, such as real estate, food, cosmetics, and tea, and how they became successful. The book serves as a great source of inspiration for aspiring entrepreneurs.

A Gift to my Children is a heartwarming book that offers valuable advice not just to young people but to all adults. Jim Rogers conveys a series of lessons that he learned from his father. The book is filled with personal experiences, making it relatable and inspiring. Rogers emphasizes the importance of a good work ethic, independent thinking, and how to approach investing. It is a great read for anyone looking for guidance in life and financial success.