Selwyn Parker is an award-winning journalist, author, speaker and pianist. In journalism he focuses on transformational contemporary issues like the new era in energy, the upheaval in banking, the revolution in transportation and the fast-moving world of investment. However most of his dozen books – novels and non-fiction -- are rooted in landmark historical events whose effects still register today.
I wrote
The Great Crash: How the Stock Market Crash of 1929 Plunged the World into Depression
Apart from revealing and sometimes dismaying insights into the workings of the White House, this legendary chairman of the US Federal Reserve presents a tour d’horizon of the economic thought that underpins the creation of wealth. As such, it should be obligatory reading for anybody interested in how nations prosper (or don’t), how governments routinely make disastrous interventions even if they aim to act for the right reasons, why Adam Smith continues to influence our lives (even though we don’t know it), and why capitalism is so foolishly demonised by banner-waving grandstanders.
Alan Greenspan's The Age of Turbulence is the essential guide to what is happening in the world, and where we're heading, from the ultimate expert.
Alan Greenspan wielded more power than the presidents he worked for, from Ronald Reagan and Bill Clinton to George Bush and his son. He was in the command room of the world economy for longer than any other single figure. One word from him could send markets into freefall.
Now Alan Greenspan, the legendary former chairman of the Federal Reserve, gives us a unique insider's view of the world over his lifetime, from stock market…
Money is not the root of all evil, as this book makes clear in a highly entertaining romp through the major events in the history of coin and their derivatives. The author, who made his name with Empire, covers everything that really matters including the rise of the loan sharks, historic bubbles, the development of currencies, the egregious behaviour of a few very greedy and/or crooked people, supposedly fool-proof money-making schemes that backfired, and much else. If you want to understand how money works, you can hardly do better.
Bread, cash, dosh, dough, loot: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labour. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential back-story behind all history.
The evolution of credit and debt was as important as any technological innovation in the rise of civilization, from ancient Babylon to the silver mines of Bolivia. Banks provided the material…
A classic by the late great liberal economist, this book tells the American story of the greed, naivety and duplicity that laid the foundation for the implosion of Wall Street in 1929. It provides salutary reading for all investors. As Galbraith makes clear, bubbles always burst but few investors including professionals can summon the independence of mind to step aside before it’s too late. The author brings a sardonic rationality to this account of what was an avoidable disaster.
'One of the most engrossing books I have ever read' Daily Telegraph
John Kenneth Galbraith's now-classic account of the 1929 stock market collapse remains the definitive book on the most disastrous cycle of boom and bust in modern times.
Vividly depicting the causes, effects, aftermath and long-term consequences of financial meltdown, Galbraith also describes the people and the corporations who were affected by the catastrophe. With its depiction of the 'gold-rush fantasy' ingrained in America's psychology, The Great Crash 1929 remains a penetrating study of human greed and folly.
Professional investors troop to Wharton School to sit at the feet of professor Siegel and learn about why stocks – or shares – should be the bedrock of any investment strategy for the very obvious reason that it’s the best way to capitalise on the steady growth of the American economy. And by implication, other growing economies. If you haven’t got skin in the game, you’re on the sidelines. A dry book unless you have an intellectual interest in investment, it is nevertheless extremely thought-provoking and enlightening. It’s been through several editions and is routinely updated to reflect the latest developments such as exchange-traded funds, the phenomenon of the millennium.
"Stocks for the Long Run" offers solid strategies for long-term investment success, showing investors how to understand and interpret the movements of the market over time. The book provides a detailed description of market performance since 1802 and an examination of the economic, political and fiscal changes that affect the stock market. It also contains an analysis of long-term stock opportunities in foreign markets.
A former investment banker, the author brings a sceptical view to books like Liar’s Poker, his first big success,butThe Big Shortis without a doubt the definitive account of the sub-prime debacle that led directly to the Great Financial Crisis of 2008 and put an abrupt and painful end to what had been called The Great Moderation. It took a decade to recover from the disaster of 2008, just in time for the economic devastation wrought by the pandemic. By dint of old-fashioned journalism, The Big Short exposes the herd-like mentality of much of Wall Street and, ultimately, the cupidity that underpinned it. On the New York Times’ best-seller list for 28 weeks, the book was made into a film.
The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking.
Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. Out of a…
The Great Crash explains how the implosion of Wall Street in 1929 triggered a series of catastrophic events that ran around the world and led to poverty and misery for millions, launched Roosevelt’s New Deal, helped bring the Nazis to power, set the scene for another world war, and ultimately ushered in a new global order.
I have been to, and loved, North, Central, and especially East Africa for over fifty years. Only six times have I been to Africa on holiday; more often, perhaps twenty or more times, as a television producer. Working in Africa gains a perspective of reality that the glories of vacation do not. Each has its place, each its pitfalls like stalled plane rides with emergency landings in the bush or attacks by wildlife. But, in the end, the magic of the “otherness,” what an old friend called “primitava” captures one’s soul and changes your life.
Keen to rekindle their love of East African wildlife adventures after years of filming, extreme dangers, and rescues, producer Pero Baltazar, safari guide Mbuno Waliangulu, and Nancy Breiton, camerawoman, undertake a filming walking adventure north of Lake Rudolf, crossing from Kenya into Ethiopia along the Omo River, following a herd of elephant making their annual migration.
Stumbling onto an elephant poaching, the team become embroiled in true financing of terrorism for al Shabaab –ivory sales–and are determined to stop the slaughter at any cost. Ivory trade financing terrorism involves UN refugee camps with two hundred thousand displaced Somali persons, powerful…
A documentary team hiking through East Africa collides with a gang of deadly poachers, in this gripping adventure by the author of Kidnapped on Safari.
Years of filming, extreme dangers, and daring rescues have taken their toll on documentary producer Pero Baltazar and his team. To relax and reconnect with the East African wildlife they love, Pero organizes a walking safari for him, his camerawoman Nancy Breiton, and their elite guide Mbuno Waliangulu. Still, Pero has trouble truly disconnecting from work. When the team comes across a herd of elephants making their annual migration north of Lake Rudolf, Pero decides…
