Rana Foroohar, without a doubt has written an impressive book on the American economy. Unlike in the 1970s, where every USD 1 spent on investment will generate USD 3 worth of GDP (Gross Domestic ...

Kenneth S Rogoff is not your conventional economist. He teaches at Harvard University, and was once the chief economist at the International Monetary Fund. But he has put forward a powerful, ...

Most business concepts have a short shelf life. They cannot withstand the test of time; resulting in a cycle of peaks and valleys. Be it B2B (business to business), or, B2C (business to customer), ...

The US economy has been financialized to the degree that it takes USD 4 dollar to produce USD 1 dollar of output. And, the ratio will keep enlarging. Indeed, it used to be USD 1.5 dollar to produce ...

All economies are now said to be going through a process of globalization, or homogenization if you will. In other words, they are emulating the best practices out there. Such process of emulation, ...

Jonathan Tepperman doesn't waste your time in telling you where the problems are. He just goes ahead and list them down. Problems like inequality; lack of political leadership; policy gridlock; ...

It has now become near consensus that the financial malaise affecting the world is due to high corporate debt. According to Rana Faroohar,  almost all CEOs in Wall Street are addicted to high ...

Contemporary economics, rather than being a dismal science, has made the discipline a dismal subject of study. The numbers are dense and elaborate. On most cases, the equations are almost ...

Power comes from the barrel of the gun, Chairman Mao once affirmed. In many way, this was true to the degree that had it not for the fact that Deng Xiao Ping was the chief of staff of the People's ...

Steve Chan affirmed at the outset that his book will not repeat the conventional/popular views out there.  After all, having gone through 35 years of ascendance, every decent academic with an ...

Scholars who dare to take on the entire scope of Asia are few and far between. Often, academics and specialists alike prefer to specialize on one or two countries; potentially a micro region like ...

The Euro was created in 1999 by European Commission and European Central Bank. The latter preceded its creation by a year. The goal was to reduce the transaction cost of European trade, by extension, ...

Theory is meant to simplify all the complex realities out there into a patterned and predictable whole. It is also referred to as an "optic." It is a window through which the world is seen. At ...

Scholarly works are often embedded with the intention to seek fame, potentially, more funds, and faculty tenure (3Fs). Ironically, all three motivations are so powerful, and all engrossing, that the ...

Conventional wisdom has it that there is no free lunch in the world. It is true to some extent. But the digital economy is filled with freebies, which allowed the author David Alder Wass to claim ...

Sovereignty is highly valued and prized concept. Politicians and opposition leaders alike vouch for its sanctity; only to invoke the importance of breaking it, as and when, certain international ...

Banking sectors are defined not by their capital ratio and balance sheets, let alone their ability to generate various forms of financial products, some of which are so complex and exotic, that they ...

ASEAN, or, the Association of Southeast Asian Nations, which is comprised of ten member states, is often deemed the second most successful regional organizations after the European Union (EU). ...

Henry M. Paulson, writing in the first person narrative, make everything looks breezy. Unimpeded traffic into China; intimate meetings with the makers and shakers of China; and ultimately getting the ...

Jonathan Haslam, one of the best historians in University of Cambridge, has yet again produced a masterpiece. It is a magnus opus on Soviet intelligence system. He has written on the intelligence in ...

This is a book about America's getting back its bearings, and if one should, balls. Michael Mandelbaum and Thomas Friedman argued in a compelling manner that, while America was sleeping on the job, ...
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