Business, Finance & Law Books

Book SynopsisIn Evolutionary Ideas, Sam Tatam shows how behavioural science and evolutionary psychology can help us solve tomorrow's challenges, not by divining something the world has never seen, but by borrowing from yesterday's solutions often in the most unexpected ways.

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Book SynopsisA comprehensive and informative guide to allRiley cars (1953-1969) and Wolseley cars (1948-1975). Wolseley cars are easily recognised by their illuminated radiator badges and unique front grilles, while Riley cars often combined the technical features of MG models with the equipment levels of Wolseley models. Illustrated with original colour photographs, and with detailed information including colour schemes, optional equipment and technical specifications, this book provides a complete history of the Riley and Wolseley cars of the of the 1950s, 1960s and 1970s to the end of their production in 1969 and 1975 respectively, These classic British cars are rarely covered in other books, and never in as much detail as you will find here - this is the ultimate guide for all Wolseley or Riley enthusiasts!Trade Reviewpacked with info. - Classic Car WeeklyTable of ContentsChapter 1 A History of Wolseley Chapter 2 Nuffield cars from 1948 Chapter 3 Palmer designed cars Chapter 4 Issigonis inspired cars Chapter 5 The Farina cars Chapter 6 The last Wolseleys Chapter 7 A History of Riley Chapter 8 Palmer designed cars Chapter 9 Issigonis inspired cars Chapter 10 The Farina cars

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Book SynopsisJust making a decision can be hard enough, but how do you begin to judge whether it's the right one? Chip and Dan Heath, authors of #1 New York Times best-seller Switch, show you how to overcome your brain's natural shortcomings. In Decisive, Chip and Dan Heath draw on decades of psychological research to explain why we so often get it very badly wrong - why our supposedly rational brains are frequently tripped up by powerful biases and wishful thinking. At the same time they demonstrate how relatively easy it is to avoid the pitfalls and find the best answers, offering four simple principles that we can all learn and follow. In the process, they show why it is that experts frequently make mistakes. They demonstrate the perils of getting trapped in a narrow decision frame. And they explore people's tendency to be over-confident about how their choices will unfold. Drawing on case studies as diverse as the downfall of Kodak and the inspiring account of a cancer survivor, they offer both a fascinating tour through the workings of our minds and an invaluable guide to making smarter decisions.Winner in the Practical Manager category of the CMI Management Book of the Year awards 2014.Trade ReviewA well-written, thought-provoking book. * Management Today *A leader's most important job is to make good decisions, which - minus perfect knowledge of the future - is tough to do consistently . . . The Heath brothers explain how to navigate the land mines laid by our irrational brains and improve our chances of good outcomes. * Inc. *The writing is humorous and often surprising . . . coupled with their insightful analyses, the book proves particularly insightful. * Publishers Weekly *

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Book SynopsisAn amazing portrait of how grifters came to be called visionaries and high finance lost its mind.' Charles Duhigg, bestselling author ofThe Power of HabitThe definitive inside story of WeWork, its audacious founder, and the company''s epic unravelling from the journalists who first broke the story wide open.In 2001, Adam Neumann arrived in New York after five years as a conscript in the Israeli navy. Just over fifteen years later, he had transformed himself into the charismatic CEO of a company worth $47 billion. With his long hair and feel-good mantras, the six-foot-five Neumann looked the part of a messianic Silicon Valley entrepreneur. The vision he offered was mesmerizing: a radical reimagining of work space for a new generation. He called it WeWork.As billions of funding dollars poured in, Neumann''s ambitions grew limitless. WeWork wasn''t just an office space provider; it would build schools, create cities, even colonize Mars. In pursuit of its founder's vision, the company spenTrade Review“Only a handful of books capture the zeitgeist of a business era. Add this one, a wild saga that caps a decade when founder-worshiping investors threw billions at well-spun visions—even those of a megalomaniac whose new-age real estate enterprise’s losses piled up as fast as its valuation climbed. The duo who broke the story of WeWork’s rise and fall have now artfully fleshed it out in a book whose colourful narrative is undergirded by deep context about the times, and enablers, that made Adam Neumann possible. John Helyar, #1 New York Times-bestselling co-author of Barbarians at the Gate “Eliot Brown and Maureen Farrell owned the WeWork story as it was unfolding. And now, with The Cult of We, we finally get the chronicle we deserve of a madness that consumed venture capital, corporate America and the world. It's an amazing portrait of how grifters came to be called visionaries, billions of dollars were bestowed on bong-hit ideas and high finance lost its mind.” —Charles Duhigg, author of The Power of Habit “Whether you know a lot or a little about the fall of WeWork, you won’t be able to put down The Cult of We by Wall Street Journal reporters Eliot Brown and Maureen Farrell. Their book is teeming with incredible details. While heroes are in short supply, the schadenfreude you’ll feel about the spectacular downfall of those who deserve it is delightful.’ Bethany McLean, bestselling co-author of The Smartest Guys in the Room ‘The lines between vision, bullshit, and fraud are narrow, and if you tell a thirty-year-old male that he is Jesus Christ, he’s inclined to believe you. The idolatry of founders in Silicon Valley will rage until the music stops playing. The Cult of We is a cautionary tale and a crisp page-turner.’ Scott Galloway, New York Times bestselling author of The Four

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Book SynopsisIn the tradition of Steven Pinker's How the Mind Works, popular psychologist Sian Beilock, an expert on performance and brain science, reveals the astonishing new science of why we choke under pressure. She explains what happens in the body and mind when everything clicks and the perfect golf swing, tricky mathematical problem, or high-pressure business pitch suddenly become easy.With surprising insights on every page, Beilock examines how: attention and working memory guide human performance; how experience and practice, innate factors, and brain development interact to create our abilities;how these interconnected elements react to stress - explaining counterintuitive realities, like why the cleverest students do worst on standardized tests; why we may learn foreign languages best when we're not paying attention; why early childhood athletic training can backfire; and how our emotions can make us both smarter and dumber.the mind and body are in even closer communication than was ever thought - and breaks new ground on top of 30 years of integrative health investigations.Trade ReviewIn this marvellous book, Beilock will tell you how, as she reveals the mental secrets to performing under pressure. -- Jonah LehrerIf you aspire to be cool under maximum pressure (and who doesn't?), Beilock offers smart tips. * Time Magazine *This informative book teaches us when less can be more, in sports, in exams, and other areas where performance under stress is critical. Its engaging real-world examples offer the reader a wealth of useful and challenging insights into how our brain functions when the heat is on. * Gerd Gigerenzer, author of Gut Feelings: The Intelligence of the Unconscious *Readable explanations for why we choke and valuable suggestions for what we can do to get through a make-or-break moment with a better chance of success. -- Wall Street JournalA wonderful exploration of what happens inside when you choke on the outside. Essential for anyone who has, or plans, to compete, and especially for those who have choked. * Andrew Newberg, M.D., co-author of How God Changes Your Brain and Born to Believe *Do you want to hit better shots on the golf course? Score higher on the SAT? Get less nervous before speaking in public? In this marvelous book, Sian Beilock will tell you how, as she reveals the mental secrets to performing under pressure. -- Jonah Lehrer, author of How We Decide and Proust Was a Neuroscientist.When do we thrive under pressure? When is it better to stop thinking about what we are doing and simply do it? This informative book teaches us when less can be more, in sports, in exams, and other areas where performance under stress is critical. Its engaging real-world examples offer the reader a wealth of useful and challenging insights into how our brain functions when the heat is on. * Gerd Gigerenzer, author of Gut Feelings: The Intelligence of the Unconscious. *Choke is required reading for anyone who has to perform under pressure. Beilock takes you on a riveting tour of the science of success, with an insider's insights into what it means for the real-world challenges of business, sports, and education. Beilock gives you the tools to make your brain choke-proof and rise to any challenge. * Kelly McGonigal, PhD, author of The Science of Willpower. *Choke is an important, fascinating book. Everyone who is looking for optimal performance would benefit from reading it and implementing its principles. * Daniel G. Amen, MD, author of Change Your Brain, Change Your Body *Dr. Sian Belock is one of the world's leading researchers in human performance. In her book Choke, she explains with great insight the scientific underpinnings involved in individual triumph and failure--whether these take place in the world of sports, academics or business. The reader is arrives at a rich understanding of why and when people choke and more importantly how to achieve one's best in the competitive world. Choke is destined to be a classic in the world of human performance and is a must read for those who seek excellence in all domains of life. * Michael Lardon M.D., Sport Psychiatrist and author of Finding Your Zone. *A fascinating look into the science of why so many of us collapse under pressure. * Daniel H. Pink, author of Drive and A Whole New Mind *Feature. * GQ Magazine *Read it, especially if you work in education or are training to teach. * Independent on Sunday *

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Book SynopsisTrade Review"Winner of the Bronze Medal in Business Technology, Axiom Business Book Awards""I loved this book. . . . Trading at the Speed of Light is an amazing, detailed account of why material reality matters for virtual outcomes, and conversely, in the financial markets. Everybody with the slightest interest in modern finance should read it."---Diane Coyle, Enlightened Economist

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Book SynopsisDesigned as a companion to The Economist Style Guide, the best-selling guide to writing style, The Economist Numbers Guide is invaluable for everyone who has to work with numbers, which in today's commercially focussed world means most managers. In addition to general advice on basic numeracy, the guide points out common errors and explains the recognised techniques for solving financial problems, analysing information of any kind, forecasting and effective decision making. Over 100 charts, graphs, tables and feature boxes highlight key points, and great emphasis is put on the all-important aspect of how you present and communicate numerical information effectively and honestly. At the back of the book is an extensive A-Z dictionary of terms covering everything from amortisation to zero-sum game. Whatever your business, whatever your management role, for anyone who needs a good head for figures The Economist Numbers Guide will prove invaluable.

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Book SynopsisHuman Resource Management: Gaining a Competitive Advantage 13e offers comprehensive coverage of HRM concepts that teach students how to strategically overcome challenges and gain competitive advantage in the workplace.Based on the authors' diverse research, teaching and consulting experiences, this product has incredibly strong depth and breadth that is current in research and practice simply not found in other texts.Noe Human Resource Management is also available through our Connect learning platform along with a host o supplementary resources for both instructors and students. We're delighted to announce that as of July 2022 this also includes a European Companion Connect' a selection of brand new full and mini-case studies with amore international perspective, making them more relevant for instructors outside of North America.With 4 full and 8 mini cases studies from a variety of small Table of ContentsChapter 1: Human Resource Management: Gaining a Competitive Advantage PART 1: The Human Resource Environment Chapter 2: Strategic Human Resource Management Chapter 3: The Legal Environment: Equal Employment Opportunity and Safety Chapter 4: The Analysis and Design of Work PART 2: Acquisition and Preparation of Human Resources Chapter 5: Human Resource Planning and RecruitmentChapter 6: Selection and Placement Chapter 7: Training PART 3: Assessment and Development of Human Resources Chapter 8: Performance Management Chapter 9: Employee Development Chapter 10: Employee Separation and Retention PART 4: Compensation of Human Resources Chapter 11: Pay Structure Decisions Chapter 12: Recognizing Employee Contributions with PayChapter 13: Employee Benefits PART 5: Special Topics in Human Resource Management Chapter 14: Collective Bargaining and Labor Relations Chapter 15: Managing Human Resources Globally Chapter 16: Strategically Managing the HRM Function

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Book SynopsisIf you want to go in one direction, the best route may involve going in another. This is the concept of 'obliquity': paradoxical as it sounds, many goals are more likely to be achieved when pursued indirectly. The richest men and women are not the most materialistic; the happiest people are not necessarily those who focus on happiness, and the most profitable companies are not always the most profit-oriented as the recent financial crisis showed us. Whether overcoming geographical obstacles, winning decisive battles or meeting sales targets, history shows that oblique approaches are the most successful, especially in difficult terrain. John Kay applies his provocative, universal theory to everything from international business to town planning and from football to managing forest fire.Trade ReviewThis is an elegant, simple book and, rarely for a business book, is written by a man who actually understands the academics and philosophers he quotes. The best nine quid you'll spend this year -- Jeremy Hazlehurst * City AM *[A] smart, witty book -- William Leith * Evening Standard *John Kay is an admirable debunker of myths and false beliefs - he can see substantial things others don't. Read this book. -- Nassim N Taleb * The Black Swan *Economics with style as well as substance -- Stephen Bayley, architecture and design correspondent * Observer *Obliquity is a characteristic John Kay production. It is a pleasure to read -- Howard Davies * Financial Times *How rare is it for an academic economist to write with such clarity, intelligence and courage. And, in these troubled, confusing times, how desperately we need other dismal scientists to follow John Kay's shining example. -- Liam Halligan * Spectator Business *

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Book SynopsisAs a Chinese proverb says 'The fish rots from the head' and so it is with businesses and other organisations - the buck starts and stops in the boardroom. This third edition of Bob Garratt'sbestselling book that highlights the importance of effectivecorporate governance has been extensively updated following the corporate scandals of the early 2000s - Enron, WorldCom, Tyco - and the abysmal boardroom standards that the recent credit crunch and ensuing global financial crisis brought to light. This new edition builds on the Learning Board model developed by the author and now widely used internationally by corporations and public sector organisations such as the NHS. The result is a thought-provoking and highly practical book that will be invaluable to all those with responsibility for corporate governance - and also those who subject them to scrutiny. What Sir Adrian Cadbury, whose committee's groundbreaking report on corporate governance was published nearly twenty years ago, said about the first edition remains as true today as ever:'No director can afford to ignore this book'.Trade Review"* 'An important contribution to the corporate governance debate and clear and intelligent advice on how to improve the performance of a board' - Tim Melville-Ross, former head of the Institute of Directors"

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Book SynopsisEssays on Game Theory is a unique collection of seven of John Nash's essays which highlight his pioneering contribution to game theory in economics. Featuring a comprehensive introduction by Ken Binmore which explains and summarizes John Nash's achievements in the field of non-cooperative and cooperative game theory, this book will be an indispensable reference for scholars and will be welcomed by those with an interest in game theory and its applications to the social sciences.Trade Review'This short volume is very welcome . . . Most importantly, on pages 32-33, the volume reprints as an appendix to the journal article based on Nash's Princeton doctoral dissertation on non-cooperative games a section of the thesis on "motivation and interpretation" that was omitted from the article. An editorial note remarks mildly that "The missing section is of considerable interest". This section, not available in any other published source, makes the present volume indispensable for research libraries . . . Nash's Essays on Game Theory, dating from his years as a Princeton graduate student . . . has a lasting impact on economics and related fields unmatched by any series of articles written in such a brief time . . . To economists, his name will always bring to mind his game theory papers of the early 1950s. It is good to have these conveniently reprinted in this volume.'Table of ContentsContents: Introduction (K. Binmore) 1. The Bargaining Problem 2. Equilibrium Points in N-Person Games 3. A Simple Three-Person Poker Game 4. Non-cooperative Games 5. Two Person Cooperative Games 6. A Comparison of Treatments of a Duopoly Situation 7. Some Experimental n-Person Games Index

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Book SynopsisHere is a treasure trove of easy to use tools for mapping your course through today's market. Whether you're using online charts or a professional charting software program, these techniques from master technician John Murphy can increase your trading success. "One of the greatest benefits of technical analysis is its applicability to any and all markets ... charts can be an extremely valuable tool-if you know how to use them. This booklet is a good place to start learning how." —from the foreword by John Murphy Renowned market technician John Murphy presents basic principals of technical analysis in easy-to-understand term. He covers All types of chart analysis "Need to know" concepts, including trendlines, moving averages, price gaps, reversal patterns, volume & open interest spreads, and more! Price forecasting and market timing applications A full resource guide of technical analysis aide How to use the industry's top tools to obtain a better understanding of what charts can do-and how they can help you grab your portion of today's trading profits. Table of ContentsIntroduction ixChapter 1. WHY IS CHART ANALYSIS SO IMPORTANT? 1Market Timing 2Chapter 2. WHAT IS CHART ANALYSIS? 3Charts Reveal Price Trends 4Types of Charts Available 5Any Time Dimension 5Chapter 3. HOW TO PLOT THE DAILY BAR CHART 7Charts Are Used Primarily to Monitor Trends 7Chapter 4. SUPPORT AND RESISTANCE TRENDLINES AND CHANNELS 9Chapter 5. REVERSAL AND CONTINUATION PRICE PATTERNS 13Reversal PatternsThe Head and Shoulders 13Double and Triple Tops and Bottoms 14Saucers and Spikes 15Continuation PatternsTriangles 16Flags and Pennants 20Chapter 6. PRICE GAPS 23Chapter 7. THE KEY REVERSAL DAY 25Chapter 8. PERCENTAGE RETRACEMENTS 27Chapter 9. THE INTERPRETATION OF VOLUME 29Volume Is an Important Part of Price Patterns 30On-Balance Volume (OBV) 30Plotting OBV 31OBV Breakouts 32Other Volume Indicators 32Chapter 10. USING DIFFERENT TIME FRAMES FOR SHORT- AND LONG-TERM VIEWS 35Using Intraday Charts 35Going from the Long Term to the Short Term 36Chapter 11. USING A TOP-DOWN MARKET APPROACH 39The First Step: The Major Market Averages 39Different Averages Measure Different Things 40The Second Step: Sectors and Industry Groups 41The Third Step: Individual Stocks 41Chapter 12. MOVING AVERAGES 45Popular Moving Averages 45Bollinger Bands 46Moving Average Convergence Divergence (MACD) 46Chapter 13. OSCILLATORS 47Relative Strength Index (RSI) 47Stochastics 47Any Time Dimension 49Chapter 14. RATIOS AND RELATIVE STRENGTH 51Sector Ratios 51Stock Ratios 51Market Ratios 52Chapter 15. OPTIONS 53Option Put/Call Ratio 54Contrary Indicator 54CBOE Volatility Index (VIX) 54Chapter 16. THE PRINCIPLE OF CONFIRMATION 55Chapter 17. SUMMARY AND CONCLUSION 57Investing Resource Guide 59

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Book Synopsis#1 New York Times Bestseller! Why is Robert Ringer’s classic Winning through Intimidation still one of the most talked about personal-development books of all time? Because it teaches you how to defend yourself against the intimidators of the world.Believe it or not, the results a person obtains are inversely proportionate to the degree to which he is intimidated; it’s not what you say or do that counts, but what your posture is when you say or do it! Those who choose to be ostriches and believe they can wish away these realities invite an enormous amount of unnecessary pain and frustration into their lives. If you heed the truths set forth in Winning through Intimidation, there will be fewer occasions when you find yourself scratching your head and trying to figure out why a situation you thought you had under control ended up falling apart at the seams.By learning and implementing the unique ideas, strategies, and techniques that Robert Ringer teaches in Winning Through Intimidation, you’ll be in a position to join the millions of entrepreneurs, business owners, and individuals in all walks of life who have elevated their business and personal lives to a whole new level of success.Find out for yourself why the realities set forth on the pages of this classic work have continued to inspire and elevate millions of readers to a whole new level of success for more than three decades.

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Book SynopsisThe incredible story of a Wall Street banker who went to China with $400,000,000 and learned the hard way how (not) to do business there . . . In the early nineties, China finally opened for business and Wall Street wanted in on the act. When the investment bankers arrived from New York with their Harvard MBAs, pinstripes and tasselled loafers, ready to negotiate with the Old Cadres, the stage was set for collision. This is the true story of a tough Wall Street banker who came to China looking for glory. He teamed up with an ex-Red Guard and a Mandarin-speaking Englishman. Together, they raised over $400,000,000 and bought up factories all over China. Only as they watched those millions slide towards the abyss did they start to understand that China really doesn't play by anyone else's rules. Tim Clissold was there at the beginning of China's transformation and he's still there, doing business. In this new edition of his hugely successful book he describes just how much - and how little - has changed in China since his story began.Trade ReviewNo business history can ever have been such an enjoyable read as this. Any visiting businessman should be obliged to buy a copy before boarding the plane. -- Chris PattenEvery foreign company in China should arm its executives with a copy of this shocking, funny and culturally sympathetic account of the perils of doing business in the Wild West. * Economist *It's got big money, charismatic capitalists, Communist apparatchiks, crime and mysterious disappearances . . . [but] it's not just a novel - it's true. * Daily Telegraph *An instant classic. * Time *

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Utility providers are under pressure from all sides to reduce costs, while improving availability, reliability, safety and sustainability: and as economies battle to recover from the 2008-2010 recession, utility company spending and results will be under closer scrutiny than ever to deliver more performance for less. This book explores the new techniques which are being used by leading utilities While relevant to everyone regulating, supplying or working in the utility sector, this book is important for us all. As the assets employed by utilities account for 5% of global GDP the cost of replacing our aging utility infrastrucutrue is unaffordable. However, utility services are essential to civilisation. Without clean water, safe sewerage and reliable power, economies collapse and societies are prey to darkness and disease. This book answers the key question of how utilities can select the right goals, organisational design, culture and engineering tools, whch allow them to manage their complex asset bases and deliver truly excellent performance. With 37 case studies and 50 diagrams, it illustrates the snakes and ladders that leading utilities have experienced on the path to excellence.

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Book SynopsisThe Saudi royal family has survived the events of the Arab Spring intact and unscathed. Any major upheavals were ostensibly averted with the help of oil revenues, while the Kingdom's influential clerics conveniently declared all forms of protest to be against Islam. Saudi dollars bent events to the Kingdom's will in the Arab world--particularly in Syria, Yemen and Bahrain, but also in Egypt and Lebanon, Saudi cash has had a profound impact.Does this mean that all is well in Saudi Arabia itself, which has an extremely youthful population ruled by a gerontocracy? Problems endemic in Egypt, Tunisia and Syria--youth unemployment, corruption and repression--are also evident in the Kingdom and while young Saudis may not yet be taking to the streets, on Twitter and Facebook their discontent is manifest.Saudi Arabia remains the dominant player in the Gulf, and the fall of the House of Saud would have explosive repercussions on the GCC while the knock-on effect worldwide would be immeasurable. Saudi Arabia is the only oil exporter capable of acting as a 'swing producer', a fact of which this book reminds us. Aarts and Roelants have drawn a compelling picture of a Middle East power which, while not presently endangered, may soon deviate from the trajectory established by the House of Saud.Trade Review'A lively narrative that conveys a wealth of information in an easily accessible way. Their chapters cover a spectrum of topics including oil, education, the demographic time-bomb ... the "digital explosion" of social media, and the 'two-edged sword of Islam' that permits troublesome clerics to criticise the regime in suitably veiled language.' * Financial Times *'A timely, fascinating, and most importantly multi-faceted insight into the deepening troubles of the kingdom of Saudi Arabia. Essential reading for those seeking greater knowledge of an otherwise opaque and inscrutable polity.' * Christopher Davidson, author of After the Sheikhs: The Coming Collapse of the Gulf Monarchies *

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Book SynopsisWhether you want to convince your co-workers of your ideas in important meetings, or would do anything to have your presentations remembered forever, or want to stand out as a coach and have your ideas last forever in a company, you need to be able to visualise your ideas. Start to Draw is a hands-on guide discussing the positive aspects of drawing and visualising your ideas in your work environment. It is an accessible, richly illustrated and bite-size book providing insight into why drawing works, how you can have a great impact on your own (and others') professional work, and how you can end up with a more creative approach to your job.

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Book SynopsisIn this clear and vivid book, Gustave Le Bon throws light on the unconscious irrational workings of group thought and mass emotion as he places crowd ideology in opposition to free-thinking and independent minded individuals. The ideas le Bon explores in this book are extremely relevant to today's society and were of pivotal importance in the early years of group psychology. The Sparkling Books edition has been annotated and edited based on the 1907 Alcan edition and previous translations. Trade ReviewNote to the Sparkling Books edition La Psychologie des foules was first published in 1895 and translated anonymously into English, possibly by a group of students. A revised French edition, edited by Félix Alcan, was published in 1905 as Psychologie des foules by Ancienne Libraire Germer Baillière & Cie. We have corrected some grammar errors and anomalies in the original translation by reference to the Alcan edition. We have shortened a few passages but maintained the original footnotes with some additional footnotes of our own. We have also used the full title Psychology of Crowds rather than the abbreviation The Crowd used in earlier versions. The Editors.

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Book SynopsisCatholic Herald Book Awards 2019 Finalist, Current Affairs "Auzanneau has created a towering telling of a dark and dangerous addiction.”—Nature The story of oil is one of hubris, fortune, betrayal, and destruction. It is the story of a resource that has been undeniably central to the creation of our modern culture, and ever-present during the darkest exploits of empire the world over. For the past 150 years, oil has become the most essential ingredient for economic, military, and political power. And it has brought us to our present moment in which political leaders and the fossil-fuel industry consider extraordinary, and extraordinarily dangerous, policy on a world stage marked by shifting power bases. Upending the conventional wisdom by crafting a “people’s history,” award-winning journalist Matthieu Auzanneau deftly traces how oil became a national and then global addiction, outlines the enormous consequences of that addiction, sheds new light on major historical and contemporary figures, and raises new questions about stories we thought we knew well: What really sparked the oil crises in the 1970s, the shift away from the gold standard at Bretton Woods, or even the financial crash of 2008? How has oil shaped the events that have defined our times: two world wars, the Cold War, the Great Depression, ongoing wars in the Middle East, the advent of neoliberalism, and the Great Recession, among them? With brutal clarity, Oil, Power, and War exposes the heavy hand oil has had in all of our lives—and illustrates how much heavier that hand could get during the increasingly desperate race to control the last of the world’s easily and cheaply extractable reserves. Trade Review"In his scholarly but impassioned book, Matthieu Auzanneau provides a wide-ranging account of the effect oil has had on the minutiae of daily life and the grandest geopolitical narratives.”—Geographical “Beautifully written and marvelously translated, Oil, Power, and War provides a detailed history of oil’s impact on economic and technical advances—and, in turn, their impact on oil—over the past century. Extending its narrative through the events of early 2018, it offers a profound new understanding of oil’s role in war and peace, growth and stagnation; and it casts new light on the foundations of national power and the challenge that lies ahead. A terrific education and an engrossing read.”—Dennis Meadows, coauthor of The Limits to Growth“The definitive history of the rise and eventual fall of oil, brilliantly told. Auzanneau illuminates the history of our time driven by cheap oil and the persistent search for more at all costs. Insightful, authoritative, and essential reading. A dazzling and wise book.”—David Orr, author of Dangerous Years; Paul Sears Distinguished Professor of Environmental Studies and Politics, Oberlin College“Matthieu Auzanneau’s ambitious new history of oil is a must read for anyone intrigued by the instrumental role of energy in the ebb and flow of modern civilization. This is a richly documented and beautifully written book, which tells a story that has not been fully told—until now. Auzanneau masterfully reveals the vast extent to which the arteries of today’s politics, economics, and culture have been indelibly shaped by the rise—and decline—of the world’s most abundant fossil fuel. In years to come, historians will refer back to Auzanneau’s work as a definitive guide to the real role of oil in some of the most pivotal events in world history.”—Nafeez Ahmed, editor of INSURGE intelligence; visiting research fellow at the Global Sustainability Institute at Anglia Ruskin University“Auzanneau’s Oil, Power, and War is a fascinating and excellent book. It sets out in detail the extraordinary story of oil’s discovery, production, pricing, and control, and throws light on the fears, misapprehensions, power plays, and conflicts that our addiction to this cheap and flexible form of energy has engendered. Auzanneau is particularly good at explaining the importance of oil in the sustenance of modern society, and therefore why the coming constraint to the global oil supply—caused by the current resource-limited plateau (and soon decline) in the global production of conventional oil—is likely to be so difficult. Hopefully lessons learned from our past mistakes, laid out so well in this book, can help guide us through the oil challenges that lie ahead.”—R. W. Bentley, editor of The Oil Age; author of Introduction to Peak Oil“Matthieu Auzanneau’s book is a must for anyone who wants to understand the modern world. Our consumer society is based on cheap energy. Thus if you want to know the sources of the world’s current wealth and how our economy is likely to evolve in the future, you must study the history of world oil since 1859. This book tells that story more fully, fairly, accurately, and entertainingly than any other to date. Indeed, previous accounts of the history of oil are now effectively obsolete.”—Jean Laherrère, petroleum engineer; president of ASPO France“An absolutely great book, and a nearly unbelievable summary of the history of oil. But this is not just the story of oil, it is also the story of humankind during the past two centuries or so, and it shows how almost everything that happened during those centuries links back to oil. Auzanneau presents a treasure trove of information not available anywhere else—at least not in a well-organized and critical form, as most books written on this subject are sponsored or supported, one way or another, by the fossil-fuel industry. Did you know that Mussolini was lured into his disastrous Ethiopian campaign by hopes of finding oil there? Did you know that the British won the Battle of Britain partly because the fuel of their Spitfires had a higher octane number than that of the German Messerschmitts? Did you know that the Marshall Plan to rebuild the European economies was based on the idea of replacing Europe’s dependence on American oil with a dependence on US-controlled Middle East oil? There’s all this and much more in Oil, Power, and War, and the story of oil and humankind is not yet concluded. In the future it will be mostly about getting rid of oil before oil gets rid of us.”—Ugo Bardi, author of ExtractedTable of ContentsForeword Introduction I . . . to 1945 Germination 1 A Seed Is Planted 2 John D. Rockefeller, the Power of Petroleum, and the Spiral of Expansion 3 Sharing the World Market: The First Attempts, at the Cradle of Royal Dutch Shell 4 The Automobile: American Oil Regenerates Capitalism 5 The Tank: American Oil Feeds the Victorious Fighting Machines of the Great War 6 The Roaring 1920s: Consolidating the New Empires 7 Birth of a Petrol-Nation: Iraq 8 The Majors Band Together: A Secretly Planned Industry Weathers the Great Depression Unscathed 9 The Persistent Alliance of Big Oil with Nazi Germany 10 The Enablers of the Second World War II 1945-1970 Spring 11 After Yalta: The United States and Saudi Arabia Seal their Alliance 12 Washington Gives Absolute Power to American Petroleum 13 Big Oil's Planetary Empire and the Rockefellers' Hegemonic Ambitions 14 Big Oil Asserts Itself: A Matrix of Political Power in Washington 15 Saudi Arabia and Gabon: Nations Spoiled by Oil 16 Cartel Against Cartel: OPEC's Painful Emergence 17 The Leapfrog Effect: Algeria, Biafra, and Libya 18 The Golden Childhood of the Oil-Made Man III 1970-1998 Summer 19 OPEC: Scapegoat for a 1973 Oil Crisis Made in the USA? 20 Oil Money: After Neocolonialism, a Perilous Symbiosis 21 The Second Oil Crisis: A Deadly Vortex of Power Is Unleashed Around the Persian Gulf 22 The Long Iran-Iraq War: A Lose-Lose Game Orchestrated by the Reagan Administration? 23 The Oil Countershock: The Frenzy of the Reagan Years, the Collapse of the USSR, and the BCCI Scandal 24 Dear Saddam: The Gulf War, the Fate of the Iraqi People, and the Long-Term Interests of Uncle Sam 25 Planetary Harvest: The Time of Scandals 26 Grandeur and Decadence: The Explosion of Opulence, Misery, and the Human Footprint IV 1998-20?? Autumn 27 Oil's Future Decline Is Announced: The Persian Gulf Returns to the Center of the Chessboard 28 September 11, 2001: A Rogue Pearl Harbor 29 Shocks and Ruptures: The Occupation of Iraq and Crisis of 2008 30 Winter, Tomorrow? Afterword Appendices The Oil Corridor The Price of Crude Oil: 1861-December 2016 World Production of Petroleum and Substitutes: Historical and Projected Production by Region, 1965-2013 The Oil Majors The Persian Gulf Giants Acknowledgments Notes Index

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Book SynopsisIn order to thrive in these worrying times, this fascinating book proposes we head, uncomfortably, towards the unknown, rather than away from it. By developing a unique relationship with Not Knowing we discover a new way of living, working and succeeding in our modern world. This book re-frames the concept of Not Knowing, from being in a fearful place of weakness and ignorance, moving to something we must engage with personally. It introduces us to a new paradigm, where Not Knowing becomes an exciting opportunity, where we are no longer limited by what we already know and our habitual reactions to things that life throws at us, so that deeper knowing can emerge, full of rich possibilities and wisdom. Learn: Why your hard-won knowledge may be holding you back. How to recognise when you are entering your real learning zone. Lessons from people who thrive in the unknown. Powerful ideas that will help you experience joy and possibility, rather than uncertainty and worry.

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Book Synopsis*THE ORIGINAL BESTSELLING BOOK ON LEADERSHIP AND SUCCESS, BY THE GREATEST FOOTBALL MANAGER OF ALL TIME*''One of the World''s all-time great leaders'' Harvard Business School''The foundation for success'' Financial Times What readers are saying: ''Worth reading for anyone who wants to know how to succeed.'' ⭐⭐⭐⭐⭐''You will enjoy the book even if you are not a football lover.'' ⭐⭐⭐⭐⭐''One of the great leaders of the last century'' ⭐⭐⭐⭐⭐''A formula for getting the best from people'' ⭐⭐⭐⭐⭐__________What does it take to lead a team to world-class success over a sustained period of time?Sir Alex Ferguson is one of the few leaders who truly knows. In his 38 years in management, Sir Alex won an astonishing 49 trophies and helped grow Manchester United iTrade ReviewLEADING is about leadership, management and the pursuit of success. It's a fantastic book, one of the best of its kind. The defining quality of Ferguson and Moritz's book is its clarity. The pair discuss leadership from a purely practical perspective, their raw material being Ferguson's vast experience. If there's one word, though, that characterises his philosophy of management it's discipline... And yet what comes through very strongly is humility, even vulnerability.Every success of his, you realise, has been hard-won. Failure has been a constant threat. Nagging anxiety he just accepted 'as part of my job'. And he wouldn't have had it any other way. * Daily Mail *LEADING is about leadership, management and the pursuit of success. It's a fantastic book, one of the best of its kind. The defining quality of Ferguson and Moritz's book is its clarity. The pair discuss leadership from a purely practical perspective, their raw material being Ferguson's vast experience. If there's one word, though, that characterises his philosophy of management it's discipline... And yet what comes through very strongly is humility, even vulnerability.Every success of his, you realise, has been hard-won. Failure has been a constant threat. Nagging anxiety he just accepted 'as part of my job'. And he wouldn't have had it any other way. * Daily Mail *Here Fergie lays bare his gospel of leadership. * Shortlist *For those interested in the subject of leadership, be it managing people effectively and getting the best out of them or learning which qualities and traits separate those who manage and those who inspire, Leading is a worthwhile read.Football fans might complain that the book is over too quickly, even though Ferguson provides 343 pages of entertaining stories and observations. Structuring his sermons in an easily read format is the latest managerial masterstroke from a man who made a career out of regularly producing them. * Daily Express *The foundation for its (Man Utd's) success was built by Ferguson, whose near-pathological obsession with football - and with winning - is a case study in leadership. * Financial Times *Fergie's book a must-have for managers. * Aberdeen Evening Express *Ferguson, the McMaster of leadership. * bbc.co.uk *Ferguson is one of the most successful men in his field - not just in football, but any sport in any era. He defied the norms and the scale of his accomplishments will only become more apparent with the passing of time. History will see that Ferguson grows, not diminishes. * The Times *For those interested in the subject of leadership, be it managing people effectively and getting the best out of them or learning which qualities and traits separate those who manage and those who inspire, Leading is a worthwhile read.Football fans might complain that the book is over too quickly, even though Ferguson provides 343 pages of entertaining stories and observations. Structuring his sermons in an easily read format is the latest managerial masterstroke from a man who made a career out of regularly producing them. * Daily Express *Intriguing revelations. * the Mirror *Full of fascinating insights into a managerial career that spanned over four decades. * the Telegraph *I think he's one of the world's all-time great leaders ... I think there's something to be learned from him for virtually every leader in whatever industry it might be. * Professor Anita Elberse, Harvard Business School *The foundation for its (Man Utd's) success was built by Ferguson, whose near-pathological obsession with football - and with winning - is a case study in leadership. * Financial Times *Ferguson is one of the most successful men in his field - not just in football, but any sport in any era. He defied the norms and the scale of his accomplishments will only become more apparent with the passing of time. History will see that Ferguson grows, not diminishes. * The Times *This is as good as Ferguson's last book. Both are about being a particular kind of person... * Independent *This is as good as Ferguson's last book. Both are about being a particular kind of person... * Independent *

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Book SynopsisThis new and updated book is necessary reading for all professionals working in the Middle East and North Africa, it includes: - The practical impact of Islam on business- Safety and security in the region- Business etiquette- Political and social do''s and don''ts The practicalities of doing business in the MEA region are covered in detail, from the initial visit to establishing productive working relationships, including opening an office in the region. It also focuses on issues of particular importance to all businesswomen, and for men who might be working with Arab and Muslim women.

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Book SynopsisUsing a vast array of specific cases and clear, helpful diagrams, Raiffa not only elucidates the step-by-step processes of negotiation but also translates this deeper understanding into practical guidelines for negotiators and "intervenors."Trade ReviewThe Art and Science of Negotiation is a quantum leap forward in the state of the art… [Raiffa] employs a classroom wizard’s mastery over the hypothetical question to analyze in lively case studies and problems the essential characteristics of various forms of interactive competitive bargaining. -- Eric D. Green * American Bar Association Journal *[A] fascinating book… Its expositional style is also refreshing, achieving a perfect balance between academic respectability and general readability… Theory and practice are carefully intertwined throughout the book; the theory ranges from simple search models to complicated n-person zero-sum games; the practice ranges from simple hypothetical examples to complicated real-world many-country negotiations, several of which are enriched by Raiffa’s own personal involvement and experience. -- John D. Hey * Economica *A vigorous, pragmatic treatise on resolving disputes in the realm of human affairs with all of the rigor [Raiffa] has always displayed… Tightly written, eminently readable, and containing many usable examples, it is bound to be a valuable resource book for years to come. -- Gerald Hodge * Journal of the American Planning Association *The book provides a thought-provoking and useful introduction to the complexities of negotiation and mediation…[and] fills an important niche in the literature. I expect numerous opportunities to recommend it to those seeking advice. -- Alvin E. Roth * Journal of Economic Literature *Raiffa deftly weaves together case-style vignettes of negotiating situations with a few analytical threads drawn from the theory of games, decision making under uncertainty, and fair division. Written with clarity and verve while avoiding technicalities, it strikes a nice balance between analysis and anecdote. * Journal of Policy Analysis and Management *I think that nearly anyone who has experience in negotiation and management will he surprised and pleased by the amount of insight which Raiffa’s chapters will give him into the structure of problems with which he is familiar but which he understands less well than he thinks. -- McGeorge BundyTable of ContentsPrologue Part I: Overview 1. Some Organizing Questions 2. Research Perspectives Part II: Two Parties, One Issue 3. Elmtree House 4. Analytical Models and Empirical Results 5. Settling Out of Court 6. The Role of Time 7. Acquisitions and Mergers 8. Third-Party Intervention 9. Advice for Negotiators Part III: Two Parties, Many Issues 10. AMPO versus City 11. Tradeoffs and Concessions 12. The Panama Canal Negotiations 13. Risk Sharing and Insecure Contracts 14. The Camp David Negotiations 15. Mediation of Conflicts 16. Arbitration of Disputes Part IV: Many Parties, Many Issues 17. Coalition Analysis 18. The Law of the Sea 19. Fair Division 20. Willingness to Pay for a Public Good 21. Environmental Conflict Resolution 22. The Mariner Space Probes 23. Voting Part V: General Concerns 24. Getting People to Communicate 25. Ethical and Moral Issues Epilogue Bibliography Index

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Book SynopsisThe #1 New York Times Bestseller that shows why slowing down is the key to getting ahead 'Choose the focused inner stillness that Ryan champions' - Mark Manson #1 Bestselling author The Subtle Art of Not Giving a F*ck 'Some authors give advice. Ryan Holiday distills wisdom. This book is a must read.' Cal Newport, New York Times bestselling author, Digital Minimalism 'A life-changing idea: that in order to move forward, we must learn to be still.' - Sophia Amoruso, cofounder and CEO, Girlboss Throughout history, there has been one quality that great leaders, makers, artists and fighters have shared. The Zen Buddhists described it as inner peace, the Stoics called it ataraxia and Ryan Holiday calls it stillness: the ability to be steady, focused and calm in a constantly busy world. Drawing on a wide range of history's greatest thinkers, Holiday shows us how crucial stillness is, and how it can be cultivated in our own lives today. Just as Winston Churchill, Oprah Winfrey and baseball player Sadaharu Oh have done, we can all benefit from stillness to feed into our greater ambitions - whether building a business or simply finding happiness, peace and self-direction. Stillness is the key to the self-mastery, discipline and focus necessary to succeed in this competitive, noisy world.Trade ReviewThe ability to choose the focused inner stillness that Ryan champions is more important than ever. -- Mark Manson #1 Bestselling author, * The Subtle Art of Not Giving a F*ck *Ryan Holiday is among the most psychologically wise writers I know. ... If you struggle to find your center in the increasingly noisy and frenetic world, then this book is for you. -- Angela Duckworth, bestselling author * Grit *Some authors give advice. Ryan Holiday distills wisdom. This book is a must read. -- Cal Newport, New York Times bestselling author * Digital Minimalism *Don't be fooled. Within the pages of this unassuming little book lie a life-changing idea: that in order to move forward, we must learn to be still. Ryan Holiday has done it again. -- Sophia Amoruso, cofounder and CEO, GirlbossWhether you are an athlete, an investor, a writer or an entrepreneur, this little but soulful book will open the door to a healthier, less anxious and more productive life and career. -- Arianna HuffingtonRyan's trilogy of The Obstacle is the Way, Ego is the Enemy and Stillness is the Key are for sure must-reads. -- Manu Ginobili, 4x NBA champion and Olympic Gold MedalistIn the world today the dangers are many-most notably, the endless distractions and petty battles that make us act without purpose or direction. In this book, through his masterful synthesis of Eastern and Western philosophy, Ryan Holiday teaches us all how to main­tain our focus and presence of mind amid the sometimes over­whelming conflicts and troubles of twenty-first-century life. -- Robert Greene, New York Times bestselling author * The 48 Laws of Power *A timely, vividly realized reminder to slow down and harness the restorative wonders of serenity. -- Kirkus ReviewsRyan Holiday is one of the brilliant writers and minds of our time. In Stillness Is the Key he gives us the blueprint to clear our minds, re­charge our souls, and reclaim our power. -- Jon Gordon, bestselling author * The Energy Bus *Ryan Holiday is a national treasure and a master in the field of self-mastery. In his most compelling book yet, he has mined both the classical literature of the ancient world and cultural touchstones from Mister Rogers to Tiger Woods, and brought his learnings to us in terms that the frantic, distracted, overcaffeinated modern mind can understand and put to use. Highly recommended. -- Steven Pressfield, bestselling author * The War of Art *Highly recommended. Great read. -- CJ McCollum, Portland TrailblazersPraise for Ryan Holiday: '[Ryan is a] self-help sage, who is now a sought-after guru to NFL coaches, Olympians, hip-hop stars, and Silicon Valley entrepreneurs . . . [he] translates Stoicism, which had counted emperors and states­men among its adherents during antiquity, into pithy catchphrases and digestible anecdotes for ambitious, twenty-first-century life hackers. -- Alexandra Alter * New York Times *The next Malcolm Gladwell. Ryan Holiday's just brilliant. -- Lance ArmstrongHoliday is an out-of-the-box thinker who likes to take chances. * New York Times Book Review *I don't have many rules in life, but one I never break is: If Ryan Holi­day writes a book, I read it as soon as I can get my hands on it. -- Brian Koppelman, screenwriter and director, * Rounders, Ocean’s Thirteen, Billions *Ryan Holiday is one of the most promising young writers of his gen­eration. -- George Raveling, Hall of Fame basketball coach, Nike’s director of international basketball

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Book Synopsis'The best book on captaincy, written by an expert' - Mike AthertonMike Brearley is one of the most successful cricket captains of all time, and, in 1981, he captained the England team to the momentous Ashes series victory against Australia.In The Art of Captaincy, his study on leadership and motivation, he draws directly on his experience of man-managing a team, which included a pugnacious Ian Botham and Geoffrey Boycott, to explain what it takes to be a leader on and off the field. Giving an insight into both his tactical understanding of the game, as well as how to get a group of individuals playing as a team in order to get the best out of them, The Art of Captaincy is a classic handbook on how to generate, nurture and inspire success.With a foreword by former England player and BBC commentator Ed Smith, to celebrate the thirtieth anniversary of its first publication, and an afterword by director Sam Mendes, The Art of CaptaTrade ReviewThe best book on captaincy, written by an expert. -- Mike AthertonTable of ContentsAcknowledgements - i: Acknowledgements Section - ii: Foreword (Ed Smith, January 2015) Introduction - iii: Introduction to the thirtieth anniversary edition Introduction - iv: Introduction Chapter - 1: Captaincy in action Chapter - 2: On class and charisma: choosing a captain Chapter - 3: Taking stock: the nursery end Chapter - 4: ‘My God, look what they’ve sent me’: the captain and selection Chapter - 5: The morning of the match: reading the entrails Chapter - 6: Batting orders Chapter - 7: Taking the field Chapter - 8: Placing the field Chapter - 9: Strategy, tactics and unusual ploys Chapter - 10: Kicking over the traces: the place of aggression in cricket Chapter - 11: Many hands make light work – sometimes Section - v: Afterword (Sam Mendes, 2001) Section - vi: In retrospect, 2001 Section - vii: Bibliography Index - viii: Index

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Book SynopsisJohn C. Maxwell, #1 New York Times bestselling author, shows you how to achieve a life of purpose and meaning in this compact new book derived from his previous title, Intentional Living. We all have a longing to be significant, to make a contribution, to be a part of something noble and purposeful. But know this: you don't have to be a certain age, have a lot of money, or be powerful or famous to make a real difference. You can be significant starting today -- if you know your purpose. In The Power of Significance, you will find the pathway to a life that matters. Drawing on over 50 years of experience helping people around the world, John Maxwell gives practical guidance and motivation to get you started on your unique personal path to significance. Learn how to find your why, start small but believe big, and live every day as if it matters -- because it does!

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Book SynopsisIn Future Luxe: What’s Ahead for the Business of Luxury, Erwan Rambourg identifies the major forces and emerging trends that are set to reshape luxury over the next decade. The expansion of Chinese consumption and the boost in women’s spending power around the world will fuel continued growth in the industry—but even more importantly, fundamental changes are on the horizon. The younger generation is entering the luxury market, bringing new values and demands that will redefine the very meaning of luxury. The sector should expand in the realms of travel, health, leisure, even cannabis. For brands to resonate with these younger consumers they will have to develop substance beyond a high-quality product or a desirable logo. Greenwashing won’t cut it—brands will need to take seriously issues like diversity, sustainability, and ethical production. To ensure his portrait of the industry has the depth and nuance of real-world experience, Rambourg interviews several CEOs from the largest groups and brands, including Kering, Cartier, Puma, and Moncler, in addition to drawing on his own observations from over two decades in luxury. Future Luxe is engaging, wise, and deeply informed, a vital read for those new to the industry as well as veterans planning for continued success.Trade Review“A timely exploration of luxury post-pandemic, valuable reading for anyone in the business.” — Suzy Menkes, Editor, Vogue International “Erwan Rambourg's predictions are a fascinating and inspiring take on how this ancient industry will, like a phoenix, rise again and be relevant for the next generation.“ — Alessandro Bogliolo, chief executive officer, Tiffany & Co. “Erwan draws on his expertise, supported by the insights of leading industry experts, to help us envision a different future for the luxury industry. Future Luxe is a must read for anyone thinking through the fundamentals of luxury in the 21st Century.” — Burak Cakmak, Parsons School of Design Dean of Fashion "Erwan Rambourg has done it again. In this work he explodes some common misapprehensions about the luxury industry: retail is not dead, the future will continue to be female, and the Eastern consumer has not run out of steam. There is no other observer of the luxury industry whose insights are more useful and accurate.” — Robert Dunphy, Senior portfolio manager, Invesco "Future Luxe is a hopeful, optimistic and welcome treatise on the enduring power of luxury. As a highly sought after sector expert and fellow researcher, Erwan Rambourg smartly looks past distress to desire, with smart predictions for the industry to show that he understands the mindset that creates luxury’s timeless value." — John Gerzema, CEO, The Harris Poll and New York Times Bestselling Author "Erwan Rambourg's long awaited new book on the future of luxury comes at a time when the worlds of retail and luxury are going through unprecedented changes. His insights about the effects that Covid-19 will have, his predictions about the luxury sector in China and his knowledge of the retail and luxury industries are second to none. A must read!” — Ashley Galina Dudarenok, China marketing expert, LinkedIn Top Voice, three-times best-selling author, and founder of ChoZan and Alarice “Erwan Rambourg points amazingly well to the new ideals that luxury will embody: inclusivity; a level of care for people and the planet that is both aspirational and essential; and a commitment to quality through sustainability and circularity.” — Guillaume Le Cunff, CEO, Nestlé Nespresso S.A. "As an independent company, we always look for ways to benchmark our strategies and results, to check our convictions against others, and simply to broaden our horizons. The insight provided by Erwan’s analyses is invaluable!”— Jean Cassegrain, Longchamp CEO “Tapping into his deep knowledge, extensive experience and vast network of industry leaders, Erwan Rambourg’s Future Luxe provides an insightful roadmap to navigating the global world of retail and luxury beyond the immediate aftermath of the Covid-19 pandemic, into the end of our decade. His analysis of the fundamental shifts in this field is a must-read for anyone who wants to succeed in this sector.” — Ketty Pucci-Sisti Maisonrouge, Luxury Entrepreneur, Adjunct Professor at Columbia Business School, President of the Luxury Education Foundation “An inspiring read. Rambourg captures the essence of trends we’re seeing across the fascinating world of luxury, and provides practical, strategic advice alongside important insights into the future." —Sandrine Crener, Program Director, Harvard Business School "Erwan builds his case for luxury with vigor and charm, unfurling all manner of hard evidence alongside his keen instincts and wry humor." —Miles Socha, International Editor, Women's Wear Daily

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Book SynopsisTrade Review[A] compulsively readable book about bad habits becoming big business…In crisp and playful prose and with plenty of needed humor, Courtwright has written a fascinating history of what we like and why we like it, from the first taste of beer in the ancient Middle East to opioids in West Virginia. -- Micah Meadowcroft * American Conservative *A fascinating history of corporate America’s efforts to shape our habits and desires. -- Sean Illing * Vox *One admires the eclectic sweep of Courtwright’s catalogue of addictions, his sheer wealth of knowledge…As with all addictions, the book offers many pleasures and rewards. -- Lennard Davis * Times Higher Education *A sweeping, ambitious account of the evolution of addiction…This bold, thought-provoking synthesis will appeal to fans of ‘big history’ in the tradition of Guns, Germs, and Steel. * Publishers Weekly *An important addition to Courtwright’s groundbreaking work on the history of substance use disorders, this study of the accelerating ‘weaponization’ of pleasure—and the biological, social, and economic incentives that fuel excess—is compulsory reading for anyone wondering how addiction became the foremost public health problem worldwide. Deeply researched, intensely readable, and a sobering reminder of our vulnerability to bondage marketed as liberation. -- Deborah Rudacille, author of The Riddle of GenderThe delight I took in reading this book can perhaps best be expressed by saying that I read it end-to-end in two sittings and might have done it in one if life hadn’t intruded. Courtwright’s erudition is astonishing, and his wit makes the book fun to read as well as informative. -- Keith Humphreys, author of Circles of RecoveryIs limbic capitalism the tail that wags the dog? Is it a vital cog in a larger and more complex machine? Courtwright offers a powerful and compelling history of the changing forms of pleasure and addiction over the long span of human history. A bold and fascinating book, sure to generate much discussion. -- Daniel Lord Smail, author of On Deep History and the BrainA mind-blowing tour de force that unwraps the myriad objects of addiction that surround us daily. From alcohol to internet gaming, food to gambling, drugs to sex, Courtwright covers the globe over thousands of years. This intelligent, incisive, and sometimes grimly entertaining book will become the standard work on the subject. -- Rod Phillips, author of Alcohol: A HistoryThis rich and rewarding book explores the long history of the global pleasure revolution. Alcohol, tobacco, drugs, commercialized food, gambling, and even the internet lean toward addiction, rooted in pleasure centers in the brain. Courtwright shows how today’s capitalism supplies those desires at an often frightful price. -- William Rorabaugh, author of Prohibition: A Concise HistoryCompelling and ingenious, this book deals the reader into a reality game where the crafty biology of pleasure meets what David Courtwright calls limbic capitalism. No one’s leveling up in the high-stakes game that is The Age of Addiction. The question is how you play, whether or not you can stop, and what happens when you do. -- Nancy D. Campbell, author of Discovering AddictionOffers dire warnings about our society…Courtwright has long been America’s leading voice on the history of drugs, and now he has shown how, in the world of limbic capitalism, addiction is promoted as a marketing tool for a wide variety of products, ones that guarantee customers, often for life. -- Emily Dufton * EH.net *

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Book SynopsisChanging the world and making a profit can go hand in hand.The Bestselling Business Book The Financial Times Best Economics Books of 2020"A Must Read Book From The Godfather Of Impact Investing" - Forbes"a powerful case for a movement that is gaining traction in society" - Andrew Jack, The Financial Times'[IMPACT's] aim is nothing less than to create a new type of capitalism infused with social purpose. The book deserves to be read by anybody interested in such a revolution.' - Martin Wolf, The Financial TimesA fascinating blueprint for a hope-filled future underpinned by the social power of impact investing. -- Kristalina Georgieva, Managing Director, International Monetary Fund, Former CEO, World Bank GroupCapitalism isn't immoral, it's amoral - it's a wild beast that needs to be led. Here Sir Ronnie provides the core operating manual for those seeking to do good while also doing well. -- Bono, Lead Singer of U2 and Co-Founder of The Rise FundImpact is a new and very important idea to reshape and save our economic system. -- Paul Romer, Nobel Prize in Economics, 2018The book is timely, visionary, bold...and thoroughly persuasive. -- Rabbi Lord Jonathan Sacks"The most genuinely hopeful and important work on finance and society I've read or imagined reading in decades." - Peter Sacks, Professor of English and American Literature and Language, Harvard University--- Throughout the world, capitalism and democracy are being challenged with great force. The world must change, but we cannot change it by throwing money at old ideas that no longer work. We need a new path to a new world where inequality is shrinking, where natural resources are regenerated, and people can benefit from shared prosperity.This is the world being created by the Impact Revolution.Pre-eminent international investor, entrepreneur, philanthropist and social finance innovator, Sir Ronald Cohen, has dedicated two decades to leading the Impact Revolution to achieve real social and environmental change. As one of the founders of venture capital, which ushered in the Tech Revolution, he builds on his years of personal experience to deliver a compelling account of how impact investing is reshaping capitalism.Whether you're an aspiring young entrepreneur, an established business person, an investor, a philanthropist, or somebody in government - or are interested, as a consumer or employee, in companies doing good and doing well at the same time - this book is a sure fire way to find out how you can play a role in changing the world.Throughout the world, capitalism and democracy are being challenged with great force. The world must change, but we cannot change it by throwing money at old ideas that no longer work. We need a new path to a new world where inequality is shrinking, where natural resources are regenerated, and people can benefit from shared prosperity.This is the world being created by the Impact Revolution.Pre-eminent international investor, entrepreneur, philanthropist and social finance innovator, Sir Ronald Cohen, has dedicated two decades to leading the Impact Revolution to achieve real social and environmental change. As one of the founders of venture capital, which ushered in the Tech Revolution, he builds on his years of personal experience to deliver a compelling account of how impact investing is reshaping capitalism.Whether you're an aspiring young entrepreneur, an established business person, an investor, a philanthropist, or somebody in government - or are interested, as a consumer or employee, in companies doing good and doing well at the same time - this book is a sure fire way to find out how you can play a role in changing the world.All royalties from the sale of this book are donated to impact charities.Trade ReviewA Must Read Book from the Godfather of Impact Investing. -- ForbesA powerful case for a movement that is gaining traction. -- Andrew Jack, The Financial Times[IMPACT's] aim is nothing less than to create a new type of capitalism infused with social purpose. The book deserves to be read by anybody interested in such a revolution. -- Martin Wolf, The Financial TimesA fascinating blueprint for a hope-filled future underpinned by the social power of impact investing. -- Kristalina Georgieva, Managing Director, International Monetary Fund, Former CEO, World Bank GroupCapitalism isn't immoral, it's amoral - it's a wild beast that needs to be led. Here Sir Ronnie provides the core operating manual for those seeking to do good while also doing well. -- Bono, Lead Singer of U2 and Co-Founder of The Rise Fund

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Book SynopsisSince its introduction in 2009, Bitcoin has been widely promoted as a digital currency that will revolutionize everything from online commerce to the nation-state. Yet supporters of Bitcoin and its blockchain technology subscribe to a form of cyberlibertarianism that depends to a surprising extent on far-right political thought. The Politics of Bitcoin exposes how much of the economic and political thought on which this cryptocurrency is based emerges from ideas that travel the gamut, from Milton Friedman, F.A. Hayek, and Ludwig von Mises to Federal Reserve conspiracy theorists.Forerunners: Ideas First is a thought-in-process series of breakthrough digital publications. Written between fresh ideas and finished books, Forerunners draws on scholarly work initiated in notable blogs, social media, conference plenaries, journal articles, and the synergy of academic exchange. This is gray literature publishing: where intense thinking, change, and speculation take place in scholarship.Trade Review"Golumbia, in his small but important way, is helping wake us to the falsity of our perceived neutrality."—One Flew East"This book is a very readable and valuable monograph which combines sound historical research with insightful analysis. All concerned citizens should read this book, which is an essential resource for understanding the true stakes of current technological hyperbole."—Newsclick"Golumbia a le mérite de s’attaquer à des idées qui ne sont pas suffisamment remises en question dans les communautés de la cryptomonnaie et des technologies de chaînes concertées. J’en recommande fortement la lecture à quiconque s’interroge sur les impacts de ces technologies sur nos sociétés."—D’un bloc à l’autre

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Book SynopsisTable of ContentsAdditional Resources xv About the Authors xvii Foreword xxi Acknowledgments xxiii Disclaimer xxxi Introduction 1 Structure of the Book 3 Part One: Valuation (Chapters 1–3) 3 Part Two: Leveraged Buyouts (Chapters 4 & 5) 5 Part Three: Mergers & Acquisitions (Chapters 6 & 7) 6 Part Four: Initial Public Offerings (Chapters 8 & 9) 8 ValueCo Summary Financial Information 9 Part One Valuation 11 Chapter 1 Comparable Companies Analysis 13 Summary of Comparable Companies Analysis Steps 14 Step I. Select the Universe of Comparable Companies 17 Study the Target 17 Identify Key Characteristics of the Target for Comparison Purposes 18 Screen for Comparable Companies 22 Step II. Locate The Necessary Financial Information 23 SEC Filings: 10-K, 10-Q, 8-K, and Proxy Statement 24 Equity Research 25 Press Releases and News Runs 26 Financial Information Services 26 Summary of Financial Data Primary Sources 27 Step III. Spread Key Statistics, Ratios, and Trading Multiples 28 Calculation of Key Financial Statistics and Ratios 28 Supplemental Financial Concepts and Calculations 42 Calculation of Key Trading Multiples 47 Step IV. Benchmark the Comparable Companies 50 Benchmark the Financial Statistics and Ratios 50 Benchmark the Trading Multiples 50 Step V. Determine Valuation 51 Valuation Implied by EV/EBITDA 52 Valuation Implied by P/E 52 Key Pros and Cons 54 Illustrative Comparable Companies Analysis for ValueCo 55 Step I. Select the Universe of Comparable Companies 55 Step II. Locate the Necessary Financial Information 57 Step III. Spread Key Statistics, Ratios, and Trading Multiples 57 Step IV. Benchmark the Comparable Companies 69 Step V. Determine Valuation 74 Chapter 2 Precedent Transactions Analysis 75 Summary of Precedent Transactions Analysis Steps 76 Step I. Select the Universe of Comparable Acquisitions 79 Screen for Comparable Acquisitions 79 Examine Other Considerations 80 Step II. Locate the Necessary Deal-Related and Financial Information 82 Public Targets 82 Private Targets 85 Summary of Primary SEC Filings in M&A Transactions 86 Step III. Spread Key Statistics, Ratios, and Transaction Multiples 88 Calculation of Key Financial Statistics and Ratios 88 Calculation of Key Transaction Multiples 94 Step IV. Benchmark the Comparable Acquisitions 98 Step V. Determine Valuation 98 Key Pros and Cons 99 Illustrative Precedent Transaction Analysis for ValueCo 100 Step I. Select the Universe of Comparable Acquisitions 100 Step II. Locate the Necessary Deal-Related and Financial Information 101 Step III. Spread Key Statistics, Ratios, and Transaction Multiples 103 Step IV. Benchmark the Comparable Acquisitions 111 Step V. Determine Valuation 113 Chapter 3 Discounted Cash Flow Analysis 115 Summary of Discounted Cash Flow Analysis Steps 116 Step I. Study the Target and Determine Key Performance Drivers 120 Study the Target 120 Determine Key Performance Drivers 120 Step II. Project Free Cash Flow 121 Considerations for Projecting Free Cash Flow 121 Projection of Sales, EBITDA, and EBIT 123 Projection of Free Cash Flow 125 Step III. Calculate Weighted Average Cost of Capital 131 Step III(a): Determine Target Capital Structure 132 Step III(b): Estimate Cost of Debt (rd) 133 Step III(c): Estimate Cost of Equity (re) 134 Step III(d): Calculate WACC 138 Step IV. Determine Terminal Value 138 Exit Multiple Method 139 Perpetuity Growth Method 139 Step V. Calculate Present Value and Determine Valuation 141 Calculate Present Value 141 Determine Valuation 143 Perform Sensitivity Analysis 145 Key Pros and Cons 146 Illustrative Discounted Cash Flow Analysis for ValueCo 147 Step I. Study the Target and Determine Key Performance Drivers 147 Step II. Project Free Cash Flow 147 Projection of Sales, EBITDA, and EBIT 149 Step III. Calculate Weighted Average Cost of Capital 154 Step IV. Determine Terminal Value 159 Step V. Calculate Present Value and Determine Valuation 161 Part Two Leveraged Buyouts 167 Chapter 4 Leveraged Buyouts 169 Key Participants 171 Financial Sponsors 171 Investment Banks 172 Bank and Institutional Lenders 174 Bond Investors 175 Private Credit Funds 176 Target Management 176 Characteristics of a Strong LBO Candidate 177 Strong Cash Flow Generation 178 Leading and Defensible Market Positions 178 Growth Opportunities 178 Efficiency Enhancement Opportunities 179 Low Capex Requirements 179 Strong Asset Base 180 Proven Management Team 180 Economics of LBOs 181 Returns Analysis—Internal Rate of Return 181 Returns Analysis—Cash Return 182 How LBOs Generate Returns 182 How Leverage Is Used to Enhance Returns 184 Primary Exit/Monetization Strategies 187 Sale of Business 187 Initial Public Offering 188 Dividends / Dividend Recapitalization 188 Below Par Debt Repurchase 188 LBO Financing: Structure 189 LBO Financing: Primary Sources 192 Secured Debt 192 High Yield Bonds 196 Mezzanine Debt 198 Equity Contribution 199 LBO Financing: Selected Key Terms 202 Security 202 Seniority 202 Maturity 203 Coupon 204 Call Protection 205 Covenants 206 Term Sheets 209 LBO Financing: Determining Financing Structure 212 Chapter 5 LBO Analysis 217 Financing Structure 217 Valuation 218 Step I. Locate and Analyze the Necessary Information 220 Step II. Build the Pre-LBO Model 220 Step II(a): Build Historical and Projected Income Statement through EBIT 221 Step II(b): Input Opening Balance Sheet and Project Balance Sheet Items 224 Step II(c): Build Cash Flow Statement through Investing Activities 226 Operating Activities 226 Step III. Input Transaction Structure 229 Step III(a): Enter Purchase Price Assumptions 229 Step III(b): Enter Financing Structure into Sources and Uses 231 Step III(c): Link Sources and Uses to Balance Sheet Adjustments Columns 232 Uses of Funds Links 235 Step IV. Complete the Post-LBO Model 238 Step IV(a): Build Debt Schedule 238 Step IV(b): Complete Pro Forma Income Statement from EBIT to Net Income 247 Step IV(c): Complete Pro Forma Balance Sheet 250 Step IV(d): Complete Pro Forma Cash Flow Statement 252 Step V. Perform LBO Analysis 254 Step V(a): Analyze Financing Structure 254 Step V(b): Perform Returns Analysis 256 Step V(c): Determine Valuation 260 Step V(d): Create Transaction Summary Page 261 Illustrative LBO Analysis for ValueCo 262 Part Three Mergers & Acquisitions 273 Chapter 6 Sell-Side M&A 275 Auctions 276 Auction Structure 279 Organization and Preparation 279 Identify Seller Objectives and Determine Appropriate Sale Process 279 Perform Sell-Side Advisor Due Diligence and Preliminary Valuation Analysis 281 Select Buyer Universe 281 Prepare Marketing Materials 282 Prepare Confidentiality Agreement 285 First Round 286 Contact Prospective Buyers 286 Negotiate and Execute Confidentiality Agreement with Interested Parties 286 Distribute Confidential Information Memorandum and Initial Bid Procedures Letter 287 Prepare Management Presentation 288 Set Up Data Room 289 Prepare Stapled Financing Package (if applicable) 291 Receive Initial Bids and Select Buyers to Proceed to Second Round 291 Second Round 293 Conduct Management Presentations 293 Facilitate Site Visits 294 Provide Data Room Access and Respond to Diligence Requests 294 Distribute Final Bid Procedures Letter and Draft Definitive Agreement 295 Receive Final Bids 296 Negotiations 300 Evaluate Final Bids 300 Negotiate with Preferred Buyer(s) 300 Select Winning Bidder 300 Render Fairness Opinion (if required) 301 Receive Board/Owner Approval and Execute Definitive Agreement 301 Closing 302 Obtain Necessary Approvals 302 Shareholder Approval 303 Financing and Closing 305 Negotiated Sale 306 Chapter 7 Buy-Side M&A 309 Buyer Motivation 310 Synergies 311 Cost Synergies 312 Revenue Synergies 312 Acquisition Strategies 313 Horizontal Integration 313 Vertical Integration 313 Conglomeration 314 Form of Financing 315 Cash on Hand 316 Debt Financing 316 Equity Financing 317 Debt vs. Equity Financing Summary—Acquirer Perspective 318 Deal Structure 318 Stock Sale 318 Asset Sale 321 Stock Sales Treated as Asset Sales for Tax Purposes 324 Buy-Side Valuation 327 Football Field 327 Analysis at Various Prices 330 Contribution Analysis 331 Merger Consequences Analysis 333 Purchase Price Assumptions 333 Balance Sheet Effects 338 Accretion/(Dilution) Analysis 343 Acquisition Scenarios—I) 50% Stock/50% Cash; II) 100% Cash; and III) 100% Stock 346 Illustrative Merger Consequences Analysis for the BuyerCo/ValueCo Transaction 351 Part Four Initial Public Offerings 373 Chapter 8 Initial Public Offerings 375 Why Do Companies Go Public? 376 Characteristics of a Strong IPO Candidate 378 Attractive Industry 378 Strong Competitive Position 378 Growth Opportunities 379 Moat & Barriers to Entry 380 Healthy Financial Profile 380 Disruptive & Differentiated Solutions 381 Favorable Risk Profile 381 Proven Management Team 382 Key Participants 383 Investment Banks 383 Company Management 386 Current Owners/Investors 387 IPO Investors 387 Lawyers 388 Accountants 388 Exchange Partner 389 IPO Advisors 390 Vendors 390 Selected Key Terms 391 Offering Size 392 Primary/Secondary 393 Overallotment Option, a.k.a. “Greenshoe” 394 Syndicate Structure 395 Lock-up Provision 396 Listing Exchange 396 Gross Spread 397 Dual-Track Process 398 Special Purpose Acquisition Companies (SPACs) 401 Direct Listings 403 Post-IPO Equity Offerings 406 IPO Considerations 407 Nasdaq Appendix 409 Chapter 9 The IPO Process 413 Organization and Preparation 415 Select IPO Team, Exchange Partner and Assign Responsibilities 415 Manage Corporate Housekeeping 418 C Corp vs. Up-C Structure 423 Determine IPO Timing 425 Determine Offering Structure and Preliminary IPO Valuation 426 Host Organizational Meeting 429` Due Diligence, Drafting, and Filing 430 Perform Underwriter Due Diligence 430 Draft and File the Registration Statement 431 Prepare Other Key Transaction and Corporate Governance Documents 436 Coordinate with Equity Research 437 Respond to SEC Comments and File Amended Registration Statement 437 Marketing and Roadshow 438 Prepare Marketing Materials 438 Salesforce Teach-in 439 Conduct Roadshow 440 Build Order Book 443 Pricing and Allocation 445 Price the Offering 445 Allocate Shares to Investors 447 Closing 447 Afterword 449 Bibliography and Recommended Reading 451 Index 457

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Book SynopsisThe United States has just gone through the worst economic crisis in a generation. Why wasn't there more protest, as there was in other countries? During the United States' last great era of free-market policies, before World War II, economic crises were always accompanied by unrest. The history of capitalism, the economist Joseph Schumpeter warned in 1942, is studded with violent bursts and catastrophes. In The End of Protest, Alasdair Roberts explains how, in the modern age, governments learned to unleash market forces while also avoiding protest about the market's failures.Roberts argues that in the last three decades, the two countries that led the free-market revolutionthe United States and Britainhave invented new strategies for dealing with unrest over free market policies. The organizing capacity of unions has been undermined so that it is harder to mobilize discontent. The mobilizing potential of new information technologies has also been checked. Police forceTrade Review"Kudos to Cornell University Press for launching the series in order to engage the broader public about matters of the moment, such as the question of dissent."-Critical Margins

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Book SynopsisCompletely revised and greatly expanded, the new edition of this text takes readers who have been exposed to only basic courses in analysis through the modern general theory of random processes and stochastic integrals as used by systems theorists, electronic engineers and, more recently, those working in quantitative and mathematical finance.Trade Review“As supplementary reading for a second course or as s comprehensive (!) resource for the general theory of processes aimed at Ph. D. students and scholars, this second edition will stay a valuable resource.” (René L. Schilling, Mathematical Reviews, October, 2016)“This is a fundamental book in modern stochastic calculus and its applications: rich contents, well structured material, comprehensive coverage of all significant results given with complete proofs and well illustrated by examples, carefully written text. Hence, there are more than enough reasons to strongly recommend the book to a wide audience. Among them, there are good and motivated graduate university students. … Also, the book is an excellent reference book.” (Jordan M. Stoyanov, zbMATH 1338.60001, 2016)Table of ContentsPart I: Measure Theoretic Probability.- Measure Integral.- Probabilities and Expectation.- Part II: Stochastic Processes.- Filtrations, Stopping Times and Stochastic Processes.- Martingales in Discrete Time.- Martingales in Continuous Time.- The Classification of Stopping Times.- The Progressive, Optional and Predicable -Algebras.- Part III: Stochastic Integration.- Processes of Finite Variation.- The Doob-Meyer Decomposition.- The Structure of Square Integrable Martingales.- Quadratic Variation and Semimartingales.- The Stochastic Integral.- Random Measures.- Part IV: Stochastic Differential Equations.- Ito's Differential Rule.- The Exponential Formula and Girsanov's Theorem.- Lipschitz Stochastic Differential Equations.- Markov Properties of SDEs.- Weak Solutions of SDEs.- Backward Stochastic Differential Equations.- Part V: Applications.- Control of a Single Jump.- Optimal Control of Drifts and Jump Rates.- Filtering. Part VI: Appendices.

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Book SynopsisInternational Economics, 13th Edition provides students with a comprehensive, up-to-date review of the field's essential principles and theory. This comprehensive textbook explains the concepts necessary to understand, evaluate, and address the economic problems and issues the nations of the world are currently facing, and are likely to face in the future. Balancing depth and accessibility, the text helps students identify the real-world relevance of the material through extensive practical applications and examples. The new, thoroughly-updated and expanded edition provides students with a solid knowledgebase in international trade theory and policy, balance of payments, foreign exchange markets and exchange rates, open-economy macroeconomics, and the international monetary system. The text uniquely employs the same graphical and numerical model in chapters that cover the same basic concept, allowing students to recognize the relationship among the different topics witTable of Contents1 Introduction 1 1.1 The Globalization of the World Economy 1 1.2 International Trade and the Nation’s Standard of Living 4 1.3 The International Flow of Goods, Services, Labor, and Capital 8 1.4 International Economic Theories and Policies 12 1.5 Current International Economic Problems and Challenges 14 1.6 Organization and Methodology of the Text 16 Summary 18 Key Terms 19 Questions For Review 19 Problems 19 Appendix 20 A1.1 Basic International Trade Data 20 A1.2 Sources of Additional International Data and Information 24 OC Selected Bibliography OC INTERNet Part 1 International Trade Theory 2 The Law of Comparative Advantage 29 2.1 Introduction 29 2.2 The Mercantilists’ Views on Trade 30 2.3 Trade Based on Absolute Advantage: Adam Smith 32 2.4 Trade Based on Comparative Advantage: David Ricardo 33 2.5 Comparative Advantage and Opportunity Costs 38 2.6 The Basis for and the Gains from Trade under Constant Costs 42 2.7 Empirical Tests of the Ricardian Model 44 Summary 47 Key Terms 48 Questions for Review 48 Problems 49 Appendix 50 A2.1 Comparative Advantage with More Than Two Commodities 50 A2.2 Comparative Advantage with More Than Two Nations 52 OC Selected Bibliography OC INTERNet 3 The Standard Theory of International Trade 53 3.1 Introduction 53 3.2 The Production Frontier with Increasing Costs 53 3.3 Community Indifference Curves 56 3.4 Equilibrium in Isolation 57 3.5 The Basis for and the Gains from Trade with Increasing Costs 60 3.6 Trade Based on Differences in Tastes 67 Summary 68 Key Terms 69 Questions for Review 69 Problems 69 Appendix 70 A3.1 Production Functions, Isoquants, Isocosts, and Equilibrium 71 A3.2 Production Theory with Two Nations, Two Commodities, and Two Factors 72 A3.3 Derivation of the Edgeworth Box Diagram and Production Frontiers 73 A3.4 Some Important Conclusions 76 OC Selected Bibliography OC INTERNet 4 Demand and Supply, Offer Curves, and the Terms of Trade 77 4.1 Introduction 77 4.2 The Equilibrium-Relative Commodity Price with Trade—Partial Equilibrium Analysis 77 4.3 Offer Curves 80 4.4 The Equilibrium-Relative Commodity Price with Trade—General Equilibrium Analysis 83 4.5 Relationship Between General and Partial Equilibrium Analyses 84 4.6 The Terms of Trade 86 Summary 88 Key Terms 89 Questions for Review 89 Problems 89 Appendix 90 A4.1 Derivation of a Trade Indifference Curve for Nation 1 90 A4.2 Derivation of Nation 1’s Trade Indifference Map 92 A4.3 Formal Derivation of Nation 1’s Offer Curve 92 A4.4 Outline of the Formal Derivation of Nation 2’s Offer Curve 94 A4.5 General Equilibrium of Production, Consumption, and Trade 96 A4.6 Multiple and Unstable Equilibria 96 OC Selected Bibliography OC INTERNet 5 Factor Endowments and the Heckscher–Ohlin Theory 99 5.1 Introduction 99 5.2 Assumptions of the Theory 100 5.3 Factor Intensity, Factor Abundance, and the Shape of the Production Frontier 101 5.4 Factor Endowments and the Heckscher–Ohlin Theory 107 5.5 Factor–Price Equalization and Income Distribution 112 5.6 Empirical Tests of the Heckscher–Ohlin Model 119 Summary 125 Key Terms 126 Questions for Review 127 Problems 127 Appendix 128 A5.1 The Edgeworth Box Diagram for Nation 1 and Nation 2 129 A5.2 Relative Factor–Price Equalization 130 A5.3 Absolute Factor–Price Equalization 132 A5.4 Effect of Trade on the Short-Run Distribution of Income: The Specific-Factors Model 132 A5.5 Illustration of Factor–Intensity Reversal 134 A5.6 The Elasticity of Substitution and Factor–Intensity Reversal 136 A5.7 Empirical Tests of Factor–Intensity Reversal 137 OC Selected Bibliography OC INTERNet 6 Economies of Scale, Imperfect Competition, and International Trade 138 6.1 Introduction 138 6.2 The Heckscher–Ohlin Model and New Trade Theories 138 6.3 Economies of Scale and International Trade 140 6.4 Imperfect Competition and International Trade 143 6.5 Trade Based on Dynamic Technological Differences 152 6.6 Costs of Transportation, Environmental Standards, and International Trade 156 Summary 160 Key Terms 161 Questions for Review 161 Problems 162 Appendix 162 A6.1 External Economies and the Pattern of Trade 162 A6.2 Dynamic External Economies and Specialization 164 OC Selected Bibliography OC INTERNet 7 Economic Growth and International Trade 166 7.1 Introduction 166 7.2 Growth of Factors of Production 167 7.3 Technical Progress 169 7.4 Growth and Trade: The Small-Country Case 172 7.5 Growth and Trade: The Large-Country Case 177 7.6 Growth, Change in Tastes, and Trade in Both Nations 182 Summary 184 Key Terms 185 Questions for Review 185 Problems 186 Appendix 187 A7.1 Formal Proof of the Rybczynski Theorem 187 A7.2 Growth with Factor Immobility 189 A7.3 Graphical Analysis of Hicksian Technical Progress 190 OC Selected Bibliography OC INTERNet Part 2 International Trade Policy 8 Trade Restrictions: Tariffs 195 8.1 Introduction 195 8.2 Partial Equilibrium Analysis of a Tariff 197 8.3 The Theory of Tariff Structure 203 8.4 General Equilibrium Analysis of a Tariff in a Small Country 207 8.5 General Equilibrium Analysis of a Tariff in a Large Country 210 8.6 The Optimum Tariff 212 Summary 213 Key Terms 214 Questions for Review 214 Problems 215 Appendix 216 A8.1 Partial Equilibrium Effects of a Tariff in a Large Nation 216 A8.2 Derivation of the Formula for the Rate of Effective Protection 218 A8.3 The Stolper–Samuelson Theorem Graphically 219 A8.4 Exception to the Stolper–Samuelson Theorem—The Metzler Paradox 221 A8.5 Short-Run Effect of a Tariff on Factors’ Income 222 A8.6 Measurement of the Optimum Tariff 224 OC Selected Bibliography OC INTERNet 9 Nontariff Trade Barriers and the New Protectionism 226 9.1 Introduction 226 9.2 Import Quotas 226 9.3 Other Nontariff Barriers and the New Protectionism 229 9.4 The Political Economy of Protectionism 238 9.5 Strategic Trade and Industrial Policies 242 9.6 History of U.S. Commercial Policy 246 9.7 The Uruguay Round, the Failed Doha Round, and the Outstanding Trade Problems 250 Summary 255 Key Terms 256 Questions for Review 257 Problems 257 Appendix 258 A9.1 Centralized Cartels 258 A9.2 International Price Discrimination 259 A9.3 Tariffs, Subsidies, and Domestic Goals 260 OC Selected Bibliography OC INTERNet 10 Economic Integration: Customs Unions and Free Trade Areas 262 10.1 Introduction 262 10.2 Trade-Creating Customs Union 263 10.3 Trade-Diverting Customs Unions 264 10.4 The Theory of the Second Best and Other Static Welfare Effects of Customs Unions 266 10.5 Dynamic Benefits from Customs Unions 268 10.6 History of Attempts at Economic Integration 269 Summary 280 Key Terms 281 Questions for Review 281 Problems 281 Appendix 282 A10.1 General Equilibrium Analysis of the Static Effects of a Trade-Diverting Customs Union 282 A10.2 Regional Trade Agreements and Other Groups Around the World in June 2018 284 OC Selected Bibliography OC INTERNet 11 International Trade and Economic Development 289 11.1 Introduction 289 11.2 The Importance of Trade to Development 290 11.3 The Terms of Trade and Economic Development 295 11.4 Export Instability and Economic Development 300 11.5 Import Substitution versus Export Orientation 303 11.6 Current Problems Facing Developing Countries 307 Summary 313 Key Terms 313 Questions for Review 314 Problems 314 Appendix 315 A11.1 Income Inequalities by Traditional and Purchasing-Power Parity (PPP) Measures 315 A11.2 The World by Income 316 OC Selected Bibliography OC INTERNet 12 International Resource Movements and Multinational Corporations 319 12.1 Introduction 319 12.2 Some Data on International Capital Flows 320 12.3 Motives for International Capital Flows 323 12.4 Welfare Effects of International Capital Flows 326 12.5 Multinational Corporations 329 12.6 Motives for and Welfare Effects of International Labor Migration 334 Summary 338 Key Terms 339 Questions for Review 339 Problems 339 Appendix 340 A12.1 The Transfer Problem 340 A12.2 International Trade, Financial and Aid Flows, and Migration 341 OC Selected Bibliography OC INTERNet Part 3 The Balance of Payments, Foreign Exchange Markets, and Exchange Rates 13 Balance of Payments 347 13.1 Introduction 347 13.2 Balance of Payments Accounting 348 13.3 The International Transactions of the United States 350 13.4 Accounting Balances and the U.S. Balance of Payments 353 13.5 The Postwar Balance of Payments of the United States 353 13.6 The Importance of the Current Account 356 13.7 The International Investment Position of the United States 357 Summary 360 Key Terms 361 Questions for Review 361 Problems 362 Appendix 362 A13.1 The IMF Method of Reporting International Transactions 362 OC Selected Bibliography OC INTERNet 14 Foreign Exchange Markets and Exchange Rates 366 14.1 Introduction 366 14.2 Functions of the Foreign Exchange Markets 366 14.3 Foreign Exchange Rates 370 14.4 Spot and Forward Rates, Currency Swaps, Futures, and Options 376 14.5 Foreign Exchange Risks, Hedging, and Speculation 379 14.6 Interest Arbitrage and the Efficiency of Foreign Exchange Markets 385 14.7 Eurocurrency or Offshore Financial Markets 392 Summary 396 Key Terms 397 Questions for Review 398 Problems 398 Appendix 399 A14.1 Derivation of the Formula for the Covered Interest Arbitrage Margin 399 OC Selected Bibliography OC INTERNet 15 Exchange Rate Determination 401 15.1 Introduction 401 15.2 Purchasing-Power Parity Theory 402 15.3 Monetary Approach to the Balance of Payments and Exchange Rates 407 15.4 Portfolio Balance Model and Exchange Rates 416 15.5 Exchange Rate Dynamics 421 15.6 Empirical Tests of the Monetary and Portfolio Balance Models and Exchange Rate Forecasting 425 Summary 428 Key Terms 429 Questions for Review 429 Problems 429 Appendix 431 A15.1 Formal Monetary Approach Model 431 A15.2 Formal Portfolio Balance Model and Exchange Rates 433 OC Selected Bibliography OC INTERNet Part 4 Open-Economy Macroeconomics and the International Monetary System 16 The Price Adjustment Mechanism with Flexible and Fixed Exchange Rates 437 16.1 Introduction 437 16.2 Adjustment with Flexible Exchange Rates 438 16.3 Effect of Exchange Rate Changes on Domestic Prices and the Terms of Trade 441 16.4 Stability of Foreign Exchange Markets 443 16.5 Elasticities in the Real World 445 16.6 Adjustment under the Gold Standard 454 Summary 456 Key Terms 457 Questions for Review 457 Problems 458 Appendix 458 A16.1 The Effect of Exchange Rate Changes on Domestic Prices 458 A16.2 Derivation of the Marshall–Lerner Condition 460 A16.3 Derivation of the Gold Points and Gold Flows Under the Gold Standard 462 OC Selected Bibliography OC INTERNet 17 The Income Adjustment Mechanism and Synthesis of Automatic Adjustments 464 17.1 Introduction 464 17.2 Income Determination in a Closed Economy 465 17.3 Income Determination in a Small Open Economy 468 17.4 Foreign Repercussions 476 17.5 Absorption Approach 479 17.6 Monetary Adjustments and Synthesis of the Automatic Adjustments 481 Summary 484 Key Terms 485 Questions for Review 485 Problems 486 Appendix 487 A17.1 Derivation of Foreign Trade Multipliers with Foreign Repercussions 487 A17.2 The Transfer Problem Once Again 489 OC Selected Bibliography OC INTERNet 18 Open-Economy Macroeconomics: Adjustment Policies 491 18.1 Introduction 491 18.2 Internal and External Balance with Expenditure-Changing and Expenditure-Switching Policies 494 18.3 Equilibrium in the Goods Market, in the Money Market, and in the Balance of Payments 496 18.4 Fiscal and Monetary Policies for Internal and External Balance with Fixed Exchange Rates 498 18.5 The IS–LM–BP Model with Flexible Exchange Rates 506 18.6 Policy Mix and Price Changes 510 18.7 Direct Controls 516 Summary 519 Key Terms 520 Questions for Review 520 Problems 521 Appendix 522 A18.1 Derivation of the IS Curve 522 A18.2 Derivation of the LM Curve 524 A18.3 Derivation of the BP Curve 525 A18.4 Mathematical Summary 527 OC Selected Bibliography OC INTERNet 19 Prices and Output in an Open Economy: Aggregate Demand and Aggregate Supply 528 19.1 Introduction 528 19.2 Aggregate Demand, Aggregate Supply, and Equilibrium in a Closed Economy 528 19.3 Aggregate Demand in an Open Economy Under Fixed and Flexible Exchange Rates 534 19.4 Effect of Economic Shocks and Macroeconomic Policies on Aggregate Demand in Open Economies with Flexible Prices 536 19.5 Effect of Fiscal and Monetary Policies in Open Economies with Flexible Prices 539 19.6 Macroeconomic Policies to Stimulate Growth and Adjust to Supply Shocks 544 Summary 549 Key Terms 550 Questions for Review 550 Problems 551 OC Selected Bibliography OC INTERNet 20 Flexible Versus Fixed Exchange Rates, the European Monetary System, and Macroeconomic Policy Coordination 552 20.1 Introduction 552 20.2 The Case for Flexible Exchange Rates 553 20.3 The Case for Fixed Exchange Rates 555 20.4 Optimum Currency Areas, the European Monetary System, and the European Monetary Union 562 20.5 Currency Boards Arrangements and Dollarization 571 20.6 Exchange Rate Bands, Adjustable Pegs, Crawling Pegs, and Managed Floating 573 20.7 International Macroeconomic Policy Coordination 578 Summary 580 Key Terms 581 Questions for Review 581 Problems 581 Appendix 582 A20.1 Exchange Rate Arrangements 582 OC Selected Bibliography OC INTERNet 21 The International Monetary System: Past, Present, and Future 586 21.1 Introduction 586 21.2 The Gold Standard and the Interwar Experience 587 21.3 The Bretton Woods System 590 21.4 Operation and Evolution of the Bretton Woods System 592 21.5 U.S. Balance-of-Payments Deficits and Collapse of the Bretton Woods System 596 21.6 The International Monetary System: Present and Future 599 Summary 615 Key Terms 616 Questions for Review 617 Problems 617 Appendix 618 A21.1 International Reserves: 1950–2018 618 OC Selected Bibliography OC INTERNet Glossary of Key Terms G-1 Name Index I-1 Subject Index I-5

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Book SynopsisThese authors knowledge of the nuances of movie and television accounting shines through the pages of this book, which is sure to become a standard reference in this field. -- Harold L. Vogel, author, Entertainment Industry Economics. The distribution of a motion pictures profits is, for most filmmakers, a murky, labyrinthine domain ruled by studio/distributor accountants and lawyers. Movie Money -- a must-read for all film producers, directors, writers, and actors -- unravels, demystifies, and explains the film industrys unique, arcane, creative accounting practices. It examines a films various revenue-generating and revenue-consuming components and presents numerous film industry definitions and calculations of gross and net profits. It also provides in-depth coverage of the various aspects of profit participation -- its terminology and accounting and deal practices -- along with chapters on audits, claims, and negotiating tips and tricks. The Third Edition adds a wealth of all-new material on New Media, a chapter on film distribution and production in todays China, written by Tracy Liang (a CPA with Green Hasson Janks), as well as a thorough updating of every section of the book.

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Book SynopsisKinicki, Organizational Behavior 3e develops students'' problem-solving skills through a unique, consistent, integrated 3-step Problem-Solving Approach that lets them immediately put research-based knowledge into practice in their personal and professional lives. Organizational Behavior 3e explicitly addresses OB implications for students'' core career readiness skills, showing how OB provides them with the higher-level soft skills employers seek, such as problem solving, critical thinking, leadership and decision making. The understanding and application of OB theories and concepts provides tremendous value to students'' lives today and throughout their careers. Table of ContentsPART ONE: INDIVIDUAL BEHAVIOR 1. Making OB Work for Me2. Values and Attitudes3. Individual Differences and Emotions 4. Social Perception and Managing Diversity5. Foundations of Employee Motivation 6. Performance Management7. Positive Organizational BehaviorPART TWO: GROUPS8. Groups and Teams9. Communication in the Digital Age10. Managing Conflict and Negotiation11. Decision Making and Creativity12. Power, Influence, and Politics 13. Leadership EffectivenessPART THREE: ORGANIZATIONAL PROCESSES14. Organizational Culture, Socialization, and Mentoring15. Organizational Design, Effectiveness, and Innovation16. Managing Change and Stress

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Book SynopsisLearn to assess the situation, manage your emotions, and move on.While some of us enjoy a lively debate with colleagues and others prefer to suppress our feelings over disagreements, we all struggle with conflict at work. Every day we navigate an office full of competing interests, clashing personalities, limited time and resources, and fragile egos. Sure, we share the same overarching goals as our colleagues, but we don't always agree on how to achieve them. We work differently. We rub each other the wrong way. We jockey for position.How can you deal with conflict at work in a way that is both professional and productive--where it improves both your work and your relationships? You start by understanding whether you generally seek or avoid conflict, identifying the most frequent reasons for disagreement, and knowing what approaches work for what scenarios. Then, if you decide to address a particular conflict, you use that information to plan and conduct a productive conversation. The HBR Guide to Dealing with Conflict will give you the advice you need to: Understand the most common sources of conflict Explore your options for addressing a disagreement Recognize whether you--and your counterpart--typically seek or avoid conflict Prepare for and engage in a difficult conversation Manage your and your counterpart's emotions Develop a resolution together Know when to walk away Arm yourself with the advice you need to succeed on the job, with the most trusted brand in business. Packed with how-to essentials from leading experts, the HBR Guides provide smart answers to your most pressing work challenges.

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