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the TOP 100 Economics Books - 05/02/2012

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Economics
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41

Fool's Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe

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* Inside the financial crisis as the bankers themseves rode the boom and fell with the crash, from the first UK journalist to predict it * Updated for this edition

42

Macroeconomics

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44

The Design of Everyday Things

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First, businesses discovered quality as a key competitive edge; next came service. Now, Donald A. Norman, former Director of the Institute for Cognitive Science at the University of California, reveals how smart design is the new competitive frontier. The Design of Everyday Things is a powerful primer on how--and why--some products satisfy customers while others only frustrate them.

48

Small Is Beautiful: A Study of Economics as if People Mattered

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Looks at the economic structure of the Western world in a revolutionary way. This title maintains that Man's current pursuit of profit and progress, which promotes giant organisations and increased specialisation, has in fact resulted in gross economic ineffieciency, environmental pollution and inhumane working conditions.

50

The Growth Map: Economic Opportunity in the BRICs and Beyond

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51

Confessions of an Economic Hit Man: The shocking story of how America really took over the world

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As an EHM in the '60s and '70s, covertly recruited by the US National Security Agency, John Perkins helped further American imperial interests in countries such as Ecuador, Panama, Indonesia and Saudi Arabia. He tried to write this book four times but was threatened or bribed each time to halt. The events of 9/11 forced him to reveal the truth.

53

Introduction to Banking

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A comprehensive introduction to the business of banking, this book covers both theoretical and applied issues relating to the global banking industry, highlighted by examples from across Europe and the wider international arena. It covers contemporary central banking and bank regulation issues comparing the UK, Eurozone and the US.

54

No Logo

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Amazon.co.uk Review:
We live in an era where image is nearly everything, where the proliferation of brand-name culture has created, to take one hyperbolic example from Naomi Klein's No Logo ,"walking, talking, life-sized Tommy [Hilfiger] dolls, mummified in fully branded Tommy worlds". Brand identities are even flourishing online, she notes--and for some retailers, perhaps best of all online:"Liberated from the real-world burdens of stores and product manufacturing, these brands are free to soar, less as the disseminators of goods or services than as collective hallucinations".

In No Logo , Klein patiently demonstrates, step by step, how brands have become ubiquitous, not just in media and on the street but increasingly in the schools as well. The global companies claim to support diversity but their version of"corporate multiculturalism" is merely intended to create more buying options for consumers. When Klein talks about how easy it is for retailers like Wal-Mart and Blockbuster to"censor" the contents of videotapes and albums, she also considers the role corporate conglomeration plays in the process. How much would one expect Paramount Pictures, for example, to protest against Blockbuster's policies, given that they are both divisions of Viacom?

Klein also looks at the workers who keep these companies running, most of whom never share in any of the great rewards. The president of Borders, when asked whether the bookstore chain could pay its clerks a"living wage" wrote that"while the concept is romantically appealing, it ignores the practicalities and realities of our business environment". Those clerks should probably just be grateful they're not stuck in an Asian sweatshop, making pennies an hour to produce Nike sneakers or other must-have fashion items. Klein also discusses at some length the tactic of hiring"permatemps" who can do most of the work and receive few, if any, benefits like health care, paid vacations or stock options. While many workers are glad to be part of the"Free Agent Nation" observers note that, particularly in the high-tech industry, such policies make it increasingly difficult to organise workers and advocate for change.

But resistance is growing and the backlash against the brands has set in. Street-level education programmes have taught kids in the inner cities, for example, not only about Nike's abusive labour practices but about the astronomical mark-up in their prices. Boycotts have commenced: as one urban teen put it,"Nike, we made you. We can break you". But there's more to the revolution, as Klein optimistically recounts:"Ethical shareholders, culture jammers, street reclaimers, McUnion organisers, human-rights hacktivists, school-logo fighters and Internet corporate watchdogs are at the early stages of demanding a citizen-centred alternative to the international rule of the brands ... as global, and as capable of co-ordinated action, as the multinational corporations it seeks to subvert". No Logo is a comprehensive account of what the global economy has wrought and the actions taking place to thwart it. -- Ron Hogan

55

Globalization and Its Discontents

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Argues that though globalization should be a powerful force for good, it has been badly mishandled by the West (especially its lead institutions, the World Bank and the IMF), and that the anti-globalizing protesters have much to say that we should listen to.

57

When Genius Failed: The Rise and Fall of Long Term Capital Management

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Picking up where Liar's Poker left off (literally, in the bond dealer's desks of Salomon Brothers) the story of Long-Term Capital Management is of a group of elite investors who believed they could beat the market and, like alchemists, create limitless wealth for themselves and their partners.

58

Introductory Econometrics for Finance (Information Technology & Law S)

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Second edition of best-selling introduction to econometrics specifically written for finance students.



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