Economics & Money
Strategic Risk Management
Campbell R. Harvey
Explore advanced techniques for integrating risk considerations into portfolio design and management. This book provides concrete illustrations and techniques for more fully integrating risk considerations into both the rebalancing process and the day-to-day management of the fund. Learn how volatility scaling provides a risk management function by reducing allocations when risks are increasing, and assess how different investment strategies perform in times of crisis.
Success and Luck
Robert H. Frank
An exploration of the role of luck in success, challenging the myth of meritocracy and its implications for society. It delves into how chance events, winner-take-all markets, and cognitive biases influence life outcomes, and proposes a shift in perspective to foster a more equitable and prosperous society.
Suicide of the West
Jonah Goldberg
A provocative analysis of the decline of Western civilization, arguing that the rise of tribalism, populism, nationalism, and identity politics is undermining the core principles of American liberalism and threatening the future of the West. It explores the inherent human tendencies toward tribalism and how these instincts are corrupting the values of individual liberty, free markets, and limited government that have driven progress for centuries.
Superfreakonomics
Steven D. Levitt
A quirky and insightful exploration of various economic and social phenomena, from the behavior of street prostitutes to the potential solutions for global warming. Prepare to have your assumptions challenged and your curiosity piqued as the authors delve into the hidden side of everything.
Technofeudalism
Yanis Varoufakis
A provocative exploration of how capitalism has been superseded by technofeudalism, where digital platforms function as fiefdoms and rent replaces profit, fundamentally altering our economies and societies. Discover how this shift impacts everything from global power dynamics to individual autonomy.
The (Mis)Behavior of Markets
Benoit B. Mandelbrot
A groundbreaking exploration of financial markets through the lens of fractal geometry, challenging conventional theories and revealing the hidden patterns of risk, ruin, and reward. Discover how fractal models offer a more accurate understanding of market behavior and can help investors navigate the turbulent world of finance.
The $12 Million Stuffed Shark
Don Thompson
An insightful exploration into the economics and psychology behind the contemporary art market, revealing the branding, money, and motivations that drive the value of art, from Damien Hirst's shark to Warhol's silkscreens. Discover the hidden world of dealers, auction houses, and collectors who shape the art world.
The Accidental Superpower
Peter Zeihan
An insightful exploration of the geographical, industrial, and technological factors that have shaped the United States into a global superpower, and how these factors will influence the future of American preeminence and the international order. The book delves into the balance of transport, deepwater navigation, and industrialization, offering predictions about the world to emerge by 2030.