I became fascinated with retirement plans and policy when I realized that my 401(k)-like retirement plan with a high rate of savings and investment returns would still come up way short in terms of the retirement income needed for me and my family. That led me to initiate a winning campaign to allow those of us in that plan to switch to our employer’s pension plan. In leading that struggle, I had to learn everything possible, beyond what I already knew, about retirement plans. I have a Ph.D. in sociology from the University of Wisconsin and have studied retirement plans in Latin America and Europe as well as the United States.
At first, the sheer size of this book—over eight hundred pages—intimidated me. But then as I got into it, I realized that it was well worth the time. This is the definitive account of the political struggle between the defenders and enemies of Social Security since the Reagan years. The defenders want to expand the program. Its enemies ultimately want to privatize it to benefit Wall Street or, at the least, reduce its benefits so that people have no other recourse than saving through 401(k)s. I like it because Laursen both understood what was at stake and was able to insightfully document what happened.
"Readers mystified by the yawning gulf between public opinion and current political discussion might benefit from the background provided in Eric Laursen’s magisterial history, 'The People's Pension: The Struggle to Defend Social Security Since Reagan' The book offers more than 800 pages of fascinating if gory details about the lobbying efforts and misinformation campaigns aimed at bringing the program down."—Nancy Folbre, NYTimes Economix Blog
“Laursen has given us a comprehensive account of the three decade long war against Social Security. . . . This is a fascinating history that progressives must learn, not only to protect Social Security but also…
I’ve been interested in investing for over four decades since I started as a finance PhD student at Wharton. Since then my research has focused on understanding the stock market. Early on, I tried applying my research to my investing. For example, I was convinced that a recently listed stock called Google was way overvalued—was I ever wrong! That got me to reflect on my investment philosophy—what did I truly believe about how markets really behaved? That brought me back to understanding and appreciating the contributors to Modern Portfolio Theory, which led to a fun decade-long book project. Currently I enjoy writing about investing through my blog.
Peter Bernstein was one of the great investment writers.
This book is where I got my first taste into the great theorists whose works revolutionized Wall Street such as Harry Markowitz, Bill Sharpe, Myron Scholes, and Bob Merton, all of whom I later had the pleasure of getting to know. I had read about their theories, but hadn’t appreciated the impact they had on the investment industry. Bernstein showed how these luminaries changed the way we think about investments.
Capital Ideas traces the origins of modern Wall Street, from the pioneering work of early scholars and the development of new theories in risk, valuation, and investment returns, to the actual implementation of these theories in the real world of investment management. Bernstein brings to life a variety of brilliant academics who have contributed to modern investment theory over the years: Louis Bachelier, Harry Markowitz, William Sharpe, Fischer Black, Myron Scholes, Robert Merton, Franco Modigliani, and Merton Miller. Filled with in-depth insights and timeless advice, Capital Ideas reveals how the unique contributions of these talented individuals profoundly changed the practice…
I am a writer and reporter who has spent two decades covering complicated topics for a wide audience. This started when I covered Wall Street for Bloomberg News, where I spent 17 years as a reporter, and continues to this day with my own crypto media company, DeCential Media. My love of distilling new technologies to their essence is what informs the best of my writing and comes with the added bonus of being able to interview and learn from some of the smartest people in tech and finance.
This is my favorite book about the financial crisis of 2008. Richard had unparalleled access to Bill Ackman, one of the savviest investors around, and tells this story with amazing detail and insight. Everyone knows The Big Short, but Confidence Game is the book to read to really understand what created the credit crisis of 2008.
An expose on the delusion, greed, and arrogance that led to America's credit crisis The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond…
As a woman, wife, and Mom, I’m always looking to get lost in a good fictional romance. I’ve always been drawn more to the messy kind of love stories than the sappy sweet. If you’re like me, and need a bit of flaw in your characters and lots of steam, then you’ll want to read all of these books for sure. Always make sure to check trigger warnings before reading these books, though!
Boys of Brayshaw will absolutely consume you! There is so much suspense, swoony guys, strong female leads, and twists and turns that will have you rushing to the next page. I’ve read this series so many times and will never get enough. These characters will stay with you forever.
In the world of morally corrupt teenagers, only the strongest survive...
"Simply UNPUTDOWNABLE ... all the feels cranked up to eleven. Five stars for this delicious page-turner!" - BB Easton, bestselling author of the Netflix adaption Sex/Life
From USA Today and Wall Street Journal bestselling author Meagan Brandy comes an enemies-to-lovers, New Adult romance full of morally corrupt and power-driven teenagers.
"Girls like you aren't exactly welcomed at a place like this, so keep your head down and look the other way."
Those were the exact words of my social worker when she dropped me in my newest hellhole, a…
Some of my fondest memories have been of curling up with the family dog and reading a good book. This started as a child with our golden retriever OJ, and continues today with Lolo, our sweet but spoiled German shorthaired pointer. Dogs are such wonderful companions, always up for anything: hiking, exploring, car rides, sitting on the couch, and lounging. It’s no surprise, then, that not only do I love reading books featuring dogs I’ve also included a canine sidekick in each of the nine thrillers that I’ve written. I hope you enjoy this dogged list of mysteries and thrillers as much as I have.
My first experience with a Dean Koontz book was Intensity and wow, did that thriller live up to its title. The same goes for Koontz’s, suspense-packed Devoted – the perfect descriptor for Kipp, a loyal golden retriever who has that magical innate ability dogs seem to have of communicating wordlessly with their humans. At the beginning of the book, we meet Woody, an eleven-year-old non-verbal child with autism who is confident that his father’s untimely death was no accident, but an evil entity that is now after him and his mother. While Woody’s terror grows, Kipp begins his tireless search for Woody, knowing that he could be the only one who can deliver the boy to safety.
Told with Koontz’s signature page-turning suspense, Devoted is a heart-tugging, immersive thrill-ride, best experienced with your canine best friend snuggled up right next to you.
One boy with the power to save the world. One man with the will to destroy it.
The chilling, unputdownable new standalone thriller from Dean Koontz, the master of suspense.
'The master of our darkest dreams' The Times
A mother, a boy, and a desperate battle against the night.
Woody Bookman hasn't spoken a word in his eleven years of life. Not when his father died in a freak accident. Not when his mother Megan tells him she loves him.
For Megan, keeping her boy safe and happy is what matters. But Woody believes a monstrous evil is behind his…
When I first started covering Wall Street as a reporter, I faced a steep learning curve. I had always loved history, but I knew almost nothing about the history of Wall Street itself. I started educating myself -- and what began as a utilitarian effort to do my job better became a life-changing passion. Too often, financial history gets written for analysts and academics; it was a rare joy to find writers who told these wonderful Wall Street tales in an engaging, accessible way. That became my goal as an author: to write financial history in a way that could fascinate the general reader.
Perhaps no academic theory has had a more pernicious impact on how we understand and regulate the markets than the “rational market hypothesis” – the theory that “markets know best” and work best if left alone. Justin Fox explains the rise, the rule, and the ruin of this powerful but fundamentally flawed idea in a remarkably engaging way. A delight to read!
Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox's "The Myth of the Rational Market" is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today. It's a tale that features professors who made and lost fortunes, battled fiercely over ideas, beat the house in blackjack, wrote bestselling books,…
Kees van der Pijl was lecturer at the University of Amsterdam and professor of International Relations at the University of Sussex in the UK. He retired in 2012. At Sussex he was head of department and director of the Centre for Global Political Economy. Besides democracy and anti-war activism he continues to write on transnational classes and policy networks, including the role of “deep politics”.
The author has devoted an entire oeuvre to the notion of Deep Politics.
The concept enlarges the visible, legitimate political structures in Western society by shadow structures that are less or not visible, but often have the decisive say in matters of life and death.
This book focuses on these shadow structures in the United States and documents in great detail how they emerged and which role they continue to play in blocking democratic development whilst enriching capitalist interests.
This provocative book makes a compelling case for a hidden "deep state" that influences and often opposes official U.S. policies. Prominent political analyst Peter Dale Scott begins by tracing America's increasing militarization, restrictions on constitutional rights, and income disparity since the Vietnam War. He argues that a significant role in this historic reversal was the intervention of a series of structural deep events, ranging from the assassination of President Kennedy to 9/11. He does not attempt to resolve the controversies surrounding these events, but he shows their significant points in common, ranging from overlapping personnel and modes of operation to…
I hate rainy days, I check the weather forecast diligently to make sure I don’t have to go out on a rainy day. However I became a mother of two boys and with little kids, I had to go out rain or shine. My kids don’t get bothered by the rain, they rather love it, so I learned to enjoy the rainy days just like the grumpy old man from RainI And we enjoyed rainy day activities like drawing, reading about rainy day stories while cuddling on the sofa. These books remind me of those happy rainy days and they will certainly brighten up your rainy days.
This book is the newest of my pick, and it’s about the storm but also it reminds me of the lockdown we had last year. How tiny our place become, and how annoying our family members can be when we’re stuck all together in the small apartment. But then how lucky we are to have someone we love with us all the time.
"The Longest Storm" feels like a validation-a blessing, even." - Wall Street Journal
This heartwarming family story from acclaimed author-illustrator Dan Yaccarino features a father and his kids who are stuck inside the house together - and figure out how to connect and overcome conflict. A New York Public Library 2021 Best Books for Kids selection.
I have over four decades of experience working and innovating in the financial markets and have been a prolific contributor to academic and practitioner finance literature. I started my career at Salomon Brothers in 1984, where I became a managing director in the bond-arbitrage group, and in 1993 I was a co-founding partner of the hedge fund Long-Term Capital Management. I founded Elm Wealth in 2011 to help clients, including my own family, manage and preserve their wealth with a thoughtful, research-based, and cost-effective approach that covers not just investment management but also broader decisions about wealth and finances.
I loved this timeless classic. This book gets down to the essence of how to safely navigate Wall Street, where everyone wants a slice of your financial pie. It’s a quick and hilarious read that challenges the conventional investment wisdom that Wall Street tries to get you to believe.
You’ll become a more savvy and skeptical investor and avoid costly mistakes in your financial life. I gave a copy of this book to all my three children, and they loved it too!
'Once I picked it up I did not put it down until I finished...What Schwed has done is capture fully-in deceptively clean language - the lunacy at the heart of the investment business' - From the Foreword by Michael Lewis, Bestselling author of "Liar's Poker". '...one of the funniest books ever written about Wall Street' - Jane Bryant Quinn, "The Washington Post". 'How great to have a reissue of a hilarious classic that proves the more things change the more they stay the same. Only the names have been changed to protect the innocent' - Michael Bloomberg. 'It's amazing how…
I’ve been fascinated by time travel and speculative stories since I was a child. I grew up with The Tomorrow People and then later was captivated by Sapphire and Steel. While I love reading most genres and have a book blog and book column in the local press, I feel speculative fiction has just that little extra edge. It answers that clichéd questionwhat if? And transports you into magical visions of slightly different worlds. I hope you enjoy the books on this list as much as I have. And perhaps, one day, The Storytellers might appear on someone else’s. What a joy that would be!
This book is heartbreaking and magical. I thought at first it was a romance novel, but a speculative twist took me by surprise. I became enthralled in those chapters not wanting to leave them. Not quite believing the brilliance of the premise. My daughter had gone through a very similar situation, so every emotion felt raw, and I completely engaged with Anna’s dilemma. How could she choose what to do? I tentatively told my daughter about it and after reading it, she agreed it was amazing too. The ending, which brought me to tears, is hopeful and poignant. It is such a unique story, but I won’t spoil it by mentioning the theme portrayed in it.
From the USA Today and Wall Street Journal bestselling author comes an emotional romance that is "beautifully written and plotted" (Candis).
This is not a typical love story, but it's our love story.
When Anna arrives in a Spanish beach town for a much-needed escape from real life, she isn’t looking for love. Until Adam sweeps her off her feet. There’s no denying their connection, and what begins as a beautiful romance soon becomes a vow to love each other . . . forever.
Years later, cracks have appeared in their marriage. In an attempt to rekindle their fire, they…
