The Evolution of Everything
Reviewer: Bridget Rosewell, Volterra Partners
The New York Times bestselling author of The Rational Optimist and Genome returns with a fascinating argument for evolution that definitively dispels a dangerous, widespread myth: that we can command and control our world. Human society evolves. Change in technology, language, morality, and society is incremental, inexorable, gradual, and spontaneous.
The Price of Oil
Reviewer: David Humphreys, Principal, Daiecon Advisors
Drawing on their extensive knowledge of the oil industry, Roberto F. Aguilera and Marian Radetzki provide an in-depth examination of the price of the world's most important commodity. They argue that although oil has experienced an extraordinary price increase over the past few decades, we have now reached a turning point where scarcity, uncertain supply and high prices will be replaced by abundance, undisturbed availability and suppressed price levels.
How the Internet Became Commercial
Reviewer: Mark Cleary, Kinetic Economics
In less than a decade, the Internet went from being a series of loosely connected networks used by universities and the military to the powerful commercial engine it is today. This book describes how many of the key innovations that made this possible came from entrepreneurs and iconoclasts who were outside the mainstream—and how the commercialization of the Internet was by no means a foregone conclusion at its outset.
Guide to Country Risk
Reviewer: Mary Davies, Director, EEconomic Policy Associates
Country risk explains the things that can go wrong when business is conducted across borders.
The Remaking of the Mining Industry
Reviewer: Dr Diane Coyle OBE, Director, Enlightenment Economics
The industrialisation of China prompted the biggest commodity boom of modern times. Soaring prices gave rise to talk of a commodity super cycle and induced a wave of resource nationalism. The author, who was chief economist at two of the world's largest mining companies, describes how this resulted in a transformation of the global mining industry.
Classical Liberalism: A primer
Reviewer: Diane Coyle, Enlightenment Economics & University of Manchester
Classical liberalism is one of the most important political and social philosophies. Indeed, this set of ideas was crucial in bringing the modern world into existence.Yet despite its huge contribution, today classical liberalism is poorly understood and often misrepresented, its insights neglected in an era of pervasive state intervention. Eamonn Butler's primer is therefore extremely welcome.
Something Will Turn Up: Britain’s Economy, Past, Present and Future
Reviewer: Andrew Sentance, Senior Economic Adviser, PwC
Overcoming economic decline, inflation and mass unemployment have challenged successive Chancellors of the Exchequer. Britain's leading economic journalists explains why some of them have made a better fist of it than others.
The Lion Wakes – a Modern History of HSBC
Reviewer: Bill Allen, Economic Consultant
The Lion Wakes tells the modern story of HSBC, starting in the late 1970s, when the bank first broke out of the Asia-Pacific region with its purchase of Marine Midland Bank in the US. It follows HSBC's battle to purchase Midland Bank in1992, the subsequent move of head office from Hong Kong to London, and the string of acquisitions that brought the bank to its pre-eminent place in global finance today. Acclaimed historians Richard Roberts and David Kynaston chronicle the bank's struggles as well as its successes: the last part of the book deals with the ill-fated move into consumer finance in the US, as well as the financial crisis of 2008 and its effect on HSBC. Impeccably researched and generously illustrated from the HSBC archives, this is a valuable addition to global financial history.
Urban Economics and Urban Policy: Challenging Conventional Policy Wisdom
Reviewer: Neil Reeder, Director, Head and Heart Economics
In this bold, exciting and readable volume, Paul Cheshire, Max Nathan and Henry Overman illustrate the insights that recent economic research brings to our understanding of cities, and the lessons for urban policy-making. The authors present new evidence on the fundamental importance of cities to economic wellbeing and to the enrichment of our lives. They also argue that many policies have been trying to push water uphill and have done little to achieve their stated aims; or, worse, have had unintended and counterproductive consequences.
Why Economists Failed to Predict the Crisis and How to Avoid the Next One
Reviewer: Christine Shields, Shields Economics
The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry. Economists are under fire, but questions concerning exactly how to redeem the discipline remain unanswered. In this provocative book, renowned economist Meghnad Desai investigates the evolution of economics and maps its trajectory against the occurrence of major political events to provide a definitive answer.