It’s telling us about a company culture, and in that sense it’s a bit like the Netflix book. Profit First: A Simple System to Transform Any Business from a Cash-Eating Monster to a Money-Making Machine (2014) by Mike Michalowicz. Is there a book you’ve found useful that’s more recent about everything that’s been going on this year? Keynes’s best ideas were forged in frustration and beaten into shape against an unyielding wall of error erected by financiers, businesspeople, and politicians. A lot of the book is about climate change and the absolute need to respond to this emergency. You may opt-out by. He excels at profiling large companies and the decision-makers behind them. What we understand to be Keynesian economics today strips away huge, invaluable chunks of his philosophy. The recessions triggered by Volcker’s monetary tightening caused mass unemployment, and joblessness is generally considered to be at least an order of magnitude more economically costly than inflation. 15,247 ratings — But there is still plenty of room to drive the point home. by Sarah Frier What is more, Appelbaum argues, inflation might have come down on its own in time. So, critically, you have to have the right people on board in the first place. published 2013, avg rating 4.17 — Looking ahead, you mentioned at the beginning that because of the timings, the list doesn’t include anything on Covid-19. When Keynes concluded that deficit spending by governments was essential to ending the Depression, he didn’t allow himself to dismiss the notion out of worry that the establishment would consider it an outlandish, unserious idea. We discussed this a bit last year, but in terms of the kind of books you’re looking for, it’s not just about how to run a successful business, is it? That era is now coming to a bitter end, wrecked on the shores of  As measures were taken to choke off the flow of prescription drugs, addicts increasingly turned to illegal substitutes such as heroin and fentanyl, and use and abuse became more widespread. I think one of the reasons why it’s a shortlisted book is that it is beautifully written. Few dismal scientists are as well positioned to critique the field as Raghuram Rajan. So there was Margaret Heffernan’s book Uncharted, which is all about preparedness, and then John Kay and Mervyn King’s book, Radical Uncertainty, about how to deal with uncertain times. Built to Last: Successful Habits of Visionary Companies. He told me, “I say, ‘How do I get the same results I've always had, if not better, with less money?’ And I start thinking outside the box.”, 2. The country’s opioid epidemic deserves a large share of the immediate blame. All rights reserved. But few companies managed to match Netflix and that raises the question—which is partly what this book attempts to answer—of why it’s so difficult to replicate what Netflix does. Middle-aged, non-Hispanic whites, especially those without a college degree, have borne the brunt of the hardship in the United States. The short URL links to the web page that has a long URL. That colour is what gives it a lot of vibrancy and interest as a book, rather than just as a slightly cautionary tale for today. She identifies some of the slightly wacky 1950s, 1960s elements of the story. published 2014, avg rating 3.95 — You can’t simply go straight to the idea that you’re going to let everybody decide their own schedule and holidays and all the radical, transparent things that they do, unless you’ve got the right people on board. It's not possible to read them all, but the best business books attract readers and positive reviews long after their publication dates. Expect gems like, “When you marry operating excellence with innovation, you multiply the value of your creativity.”. Mentions of Strategy& refer to the global team of practical strategists that is integrated within the PwC network of firms. Community connections, after all, represent sand in the gears of economic efficiency. She looks, for example, at the way the German economy was rebuilt after the Second World War, and the forced collaboration between employers, government and trade unions. No Rules Rules: Netflix and the Culture of Reinvention Differences between feuding countries, in their political and value systems, for instance, explain some of this sparring. We are happy, once again, to introduce to you a freshly updated list of economics blogs for 2020. Entertainment and media companies are building business models that are resilient to the enduring changes in consumer behavior ushered in by COVID-19. Raworth presents seven focal points to reimagine the economy in a more financially and environmentally sustainable light. So the robots are going to take our jobs? 82,363 ratings — 30,372 ratings — EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice.


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