The Next Convergence [EPUB]
20 November 2014, 07:24
2011 | EPUB | 0.8MB
A Washington Post Notable Nonfiction Book for 2011
With the British Industrial Revolution, part of the world’s population started to experience extraordinary economic growth—leading to enormous gaps in wealth and living standards between the industrialized West and the rest of the world. This pattern of divergence reversed after World War II, and now we are midway through a century of high and accelerating growth in the developing world and a new convergence with the advanced countries—a trend that is set to reshape the world.
Michael Spence, winner of the Nobel Prize in Economic Sciences, explains what happened to cause this dramatic shift in the prospects of the five billion people who live in developing countries. The growth rates are extraordinary, and continuing them presents unprecedented challenges in governance, international coordination, and ecological sustainability. The implications for those living in the advanced countries are great but little understood.Spence clearly and boldly describes what’s at stake for all of us as he looks ahead to how the global economy will develop over the next fifty years. The Next Convergence is certain to spark a heated debate how best to move forward in the post-crisis period and reset the balance between national and international economic interests, and short-term fixes and long-term sustainability.
Intimate Strangers [EPUB]
17 November 2014, 17:04
2014 | PDF | 1.19MB
Hannah Arendt, Herbert Marcuse, Alexander Solzhenitsyn, and Edward Said each steered major intellectual and political schools of thought in American political discourse after World War II, yet none of them was American, which proved crucial to their ways of arguing and reasoning both in and out of the American context. In an effort to convince their audiences they were American enough, these thinkers deployed deft rhetorical strategies that made their cosmopolitanism feel acceptable, inspiring radical new approaches to longstanding problems in American politics. Speaking like natives, they also exploited their foreignness to entice listeners to embrace alternative modes of thought.
Intimate Strangers unpacks this "stranger ethos," a blend of detachment and involvement that manifested in the persona of a prophet for Solzhenitsyn, an impartial observer for Arendt, a mentor for Marcuse, and a victim for Said. Yet despite its many successes, the stranger ethos did alienate many audiences, and critics continue to dismiss these thinkers not for their positions but because of their foreign point of view. This book encourages readers to reject this kind of critical xenophobia, throwing support behind a political discourse that accounts for the ideals of citizens and noncitizens alike.
Capital of Capital: Money, Banking, and Power in New York City [PDF]
17 November 2014, 16:57
2014 | PDF | 17.96MB
From Revolutionary Era bank notes to the 2008 financial collapse, Capital of Capital explores how New York City gave rise to a banking industry that in turn made the American and world economies. Capital of Capital also examines the frequently contentious evolution of the banking business, its role in making New York City an international economic center, and its influence on America's politics, society, and culture.
Based on a major exhibition at the Museum of the City of New York, Capital of Capital features the key leaders of banking, including Alexander Hamilton and J. P. Morgan, as well as its critics, such as Louis Brandeis and the Occupy Wall Street protesters. The book also covers the major events and controversies that have shaped the history of banking and includes a fascinating array of primary materials ranging from antebellum bank notes and ledgers to early credit cards and advertisements. Lavishly illustrated, Capital of Capital provides a multifaceted, original understanding of the profound impact of banking on the life of New York City and the world's economy.