Posts filed under “Books”
“To avert panic, central banks should lend early and freely, to solvent firms, against good collateral, and at ‘high rates.’ ” -Walter Bagehot, Lombard Street
Former U.S. Treasury Secretary Timothy Geithner has been promoting his new book, “Stress Test: Reflections on Financial Crises.” I haven’t read it, and based on what I have heard him say, I won’t. Geithner doesn’t seem to understand how the crisis came about, what alternatives existed to the bank bailouts, or the impact they had. Indeed, Geithner makes multiple claims about the bailouts, none of which survive scrutiny.
Geithner argues that the bailouts were the best response to the financial panic. The financial system needed to be protected from collapse, he says, and there were no true alternatives. If part of the rescue worked to the benefits of the “arsonists who set the original fire,” that was merely an unfortunate side effect.
Those arguments stand in stark contrast to what many critics, me included, have written about the crisis. Rather than talk my own book, “Bailout Nation,” I want to respond directly to the Geithner claims. Continues here
Source: Amazon Any reader of this site has likely heard about the book currently setting the world of economics aflame. “Capital in the Twenty-First Century” was written by a French economist named Thomas Piketty. It is on the New York Times best-seller list and is currently sold out, with its publisher scrambling to print more…Read More
ADVANCE PROMOTION IS DEAD Your anticipatory hype is forgotten in the endless tsunami of new data. It makes no sense to build anticipation, it just dissipates. Now you pounce when the story is hot. Radiohead started it, Beyonce improved upon it and now Michael Lewis is taking it to the book business. The new watchword…Read More
Donald Katz, chief executive officer of Audible, a provider of audio books, magazines and newspapers on the Internet, talks about the company’s innovations and growth on Bloomberg Television’s “Bloomberg Surveillance.”
How Has Mobile Changed Audio Books?
Source: Bloomberg, Nov. 1 2013
Audible Is a `Huge Employer of Actors,’ Katz Says
Donald Katz, chief executive officer of Audible Inc., a provider of audio books, magazines and newspapers on the Internet, talks about the company’s innovations, growth, strategy and integration with parent company Amazon.com Inc. Katz speaks with Cory Johnson on Bloomberg Television’s “Taking Stock.”
Source: Bloomberg, June 29 2013
Click to enlarge Once again, its time to peruse the data to see which books TBP readers bought last month. Amazon’s embed code lets me track every click from these links — how many people look at the page, how many books get seen, and/or collectively purchased. Its anonymous — I don’t know who bought…Read More
Barry Ritholtz is a Wall Street money manager and Washington Post columnist who writes a popular investment-focused blog, The Big Picture. He is also the author of Bailout Nation, explaining for the general reader the finance behind the financial crisis -Five Books The Wall Street money manager diagnoses the ills of America’s political…Read More
Once again, its time to peruse the data to see which books TBP readers bought last month. Amazon’s embed code lets me track every click from these links — how many people look at the page, how many books get seen, and/or collectively purchased.
Its anonymous — I don’t know who bought what — but there’s lots of data on the various books generated.
These were the most popular TBP books for August:
Bailout Nation (Barry Ritholtz)
Choose Yourself! (James Altucher)
The Success Equation (Michael J. Mauboussin)
Coaching Questions: A Coach’s Guide to Powerful Asking Skills (Tony Stoltzfus)
Lords of Finance (Liaquat Ahamed)
Reminiscences of a Stock Operator (Edwin Lefèvre)
The Myth of the Rational Market (Justin Fox)
Backstage Wall Street (Josh Brown)
Manias, Panics and Crashes (Charles P. Kindleberger)
Griftopia (Matt Taibbi)
The Big Short (Michael Lewis)
Thinking, Fast and Slow (Daniel Kahneman)
New Ideas from Dead Economists (Todd G. Buchholz)
Poor Charlie’s Almanack (Charles T. Munger)
When Genius Failed (Roger Lowenstein)
Kindle and eBooks after the jump
Earlier today, Hugh McLeod tweeted: “Reading business books. About as much fun as drinking tepid sea water.” To which I responded: “You are reading the wrong ones.” Hugh’s complaint sets up an interesting question: What are your favorite business books that are also fun reads? They can’t be boring, must be Business or Investing…Read More