Fans pick 100 books like Creating a Learning Society

This is one of the most influential books on economic globalization written in the last decade, and it will certainly continue to be crucial to understand the future of globalization.

Rodrik’s Globalization Paradox pinpoints the key policy trade-offs in a globalized economy: If policymakers opt for “hyper-globalization” while insisting on national decision-making, they could find their societies in the “golden straitjacket” of global capitalism.

Alternatively, they could give up sovereignty to democratically legitimized “global governance”.

As the latter is difficult to achieve and often unacceptable to national policymakers, Rodrik argues for limiting hyper-globalization.

The existence of a globalization paradox as well as Rodrik’s conclusion, has been hotly discussed, but the ongoing debate only proves the importance of his book.

What holds the future of globalization in store?

I learned a lot from Baldwin’s insightful book, which posits a fast and dramatic rise of digital service trade between high- and low-wage countries.

Such services could range from well-known digital back-office services, such as airline ticketing in India, to more speculative “global robotics”, dubbed “globotics”, such as cross-border controlling of robots via virtual reality devices.

Baldwin points to new opportunities emerging to developing economies that hitherto were unable to gain from the globalization of manufacturing value chains. But he also warns of potentially dramatic social consequences in high-wage countries.

Whether you agree or disagree with his diagnosis, this is essential reading to be prepared for the next wave of globalization and its potential social disruptions.

Populists are dividers. They campaign on the basis of representing the pure mass of people over a reviled elite. For left-wing populists (such as those who have sometimes prevailed in Latin America), the elite are affluent landowners. For right-wing populists (the kind who have emerged in recent decades), the elite are intellectuals, immigrants, and internationalists.

Barry Eichengreen's book provides a historical and economic analysis of populism. Eichengreen traces the rise of populist movements from the 19th century to the present, identifying economic insecurity, inequality, and globalization as key drivers. He discusses how populist leaders exploit economic grievances and mistrust of elites to build broad-based support, often advocating protectionist and anti-immigrant policies.

Through case studies of populist leaders, such as Donald Trump in the United States and Marine Le Pen in France, Eichengreen illustrates the potential dangers of populism to economic stability and democratic governance while also suggesting policy measures to… show more.

Financial Times columnist Martin Sandbu laments “the end of belonging”, a decades-long but unwritten social contract in postwar Western-style social market democracies that promised boomers and their parents broadly shared prosperity.

Being a boomer myself, I know all too well what he is talking about. However, he argues that globalization is often used as a scapegoat, and posits that national policies to offset the negative side effects of (global) markets are feasible even in a globalized world.

He proposes a range of policies from wealth taxes to minimum wages, active labor market policies, and macroeconomic stimuli to create a high-pressure economy, but emphasizes that it is crucial to put together a comprehensive package of all suggested policies to make (global) markets work for everyone.

Do you still have a Facebook account? I do—though I feel increasingly torn about it. I still use it for professional purposes, but part of me would gladly delete it (not, you know, that anything would actually get deleted, I suspect…). Christopher Wylie agrees. This wonderful account traces his role in the Cambridge Analytica scandal, where a mysterious “political consulting firm” used Facebook data to help swing the Brexit vote and Donald Trump’s successful presidential run. It’s a very personal story, which I love, and we get an insider’s view not only on the shocking and frankly terrifying practices Wylie became embroiled in, but also his own moral struggle to get out of them. A wonderful book.

This book is a prescient and compelling analysis of the challenges and opportunities presented by the transition from an industrial to an information-based society.

The authors, who have a track record of accurately predicting global political and economic trends, explore the shift towards a new era of individualized power, as governments lose their grip on commerce and society becomes more democratized.

They offer practical strategies for adapting financially to this new reality, emphasizing the importance of cultivating two skillsets in depth and becoming the best in your field to capitalize on the growing trend of personalized, online work.

The book covers a range of topics, including the mega political transformations in historic perspective, the sophistication of violence in the agricultural revolution, and the emergence of the cyber economy. It also delves into the impact of the information age on the global economy, government, and society, and explores the potential for… show more.

I met Peter at a conference years ago and will never forget the experience. His vision of the future was unique and compelling.

I found the book, his thinking completely out of the box, and his insight into major forces changing our world without peers. Peter ties money, politics, social change, and trends together, offering a peek into the challenges and direction of the future.

Although published several years ago, this book is a timely investigation about the power of big tech on so many aspects of our lives.

The book focuses to a great extent on the impacts on the music, book, and newspaper industries that have been significantly disrupted by the tech industry. But it also alerts to the larger implications, especially as tech becomes increasingly dominant in our economy, democracy, and lives. 

This might well be the least-read book on my list, but I hope that will change soon. Lanham is a Professor of Rhetoric who argues that Andy Warhol was the best economist of attention of the twentieth century, and an exemplar for the economy of the twenty-first, in which value is created through knowledge and attention. Lanham’s inspired distinction between stuff and fluff convincingly demonstrates that the modern economy is more about the experience, style, and packaging of the stuff, rather than the other way around. And that is a good thing. In one of the many digressions in the book he presents Friedrich Hayek as the Dadaist among the economists. This book is a wild ride, with insights on every page. 

Information overload threatens our ability to educate ourselves, leaves us more vulnerable as consumers and less cohesive as a society, and diminishes control of our own lives. As such David Shenk offers numerous “Laws of Data Smog," i.e: Information is now plentiful and taken for granted. I was immediately impressed by his pithy observations: Putting a computer in every classroom is like putting an electric power plant into every home; education cannot be fixed with a digital pipeline of data. Too many experts spoil the clarity, and lead to the paralysis of analysis.

The law of diminishing returns, says Shenk, applied to the growing speed and abundance of information, will produce an infoglut that will no longer add to our quality of life. Infoglut is already cultivating stress, confusion, and, yes, ignorance. I have found this to be too true!

In a glutted environment, he says, the most difficult task… show more.