Global Englishes

Before and after World War II, a serendipitous confluence of events created a healthy balance between the market and the polity - between the engine of capitalism and the egalitarian ideals of democracy. A global financial system was devised explicitly to allow nations to manage capitalism. Yet this golden era turned out to be lightning in a bottle. From the 1970s on, a power shift occurred, in which financial regulations were rolled back, taxes were cut, inequality worsened, and disheartened voters turned to far-right faux populism. Can democracy find a way to survive?

In 1971, President Nixon imposed national price controls and took the United States off the gold standard, an extreme measure intended to end an ongoing currency war that had destroyed faith in the U.S. dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon. Currency wars are one of the most destructive and feared outcomes in international economics.

In this new history of the conflict that defined the postwar era, Sergey Radchenko provides a deep dive into the psychology of the Kremlin's decision-making. He reveals how the Soviet struggle with the United States and China reflected its irreconcilable ambitions as a self-proclaimed superpower and the leader of global revolution. This tension drove Soviet policies from Stalin's postwar scramble for territory to Khrushchev's reckless overseas adventurism and nuclear brinksmanship, Brezhnev's jockeying for influence in the third world, and Gorbachev's failed attempts to reinvent Moscow.

In the depths of the Great War, with millions dead and no imaginable end to the conflict, societies around the world began to buckle. The heart of the financial system shifted from London to New York. The infinite demands for men and materiel reached into countries far from the front. The strain of the war ravaged all economic and political assumptions, bringing unheard-of changes in the social and industrial order.

Timothy M. Gay writes that four-time major champion Rory McIlroy is "golf's ageless Opie Taylor," a superstar whose charm transcends national boundaries and enlivens the game. His swing is so powerful that Tiger Woods is teaching his own son to mimic Rory's action. But a charismatic persona and a pretty swing don't translate into winning championships. Rory has failed to win another major and fallen short of achieving the career Grand Slam. Rory Land tells the saga of a compassionate superstar living in a world where "money has no conscience."

Taking listeners from Michigan to Iran and from Ankara, Turkey, to Paris, France, My Name Is Mahtob depicts the profound resilience of a wounded soul healed by faith in God's goodness and in his care and love. And Mahmoody reveals the secret of how she liberated herself from a life of fear, learning to forgive the father who had shattered her life and discovering the joy and peace that comes from doing so.

In Capitalism, Alone, leading economist Branko Milanovic explains the reasons for this decisive historical shift since the days of feudalism and, later, communism. Surveying the varieties of capitalism, he asks: What are the prospects for a fairer world now that capitalism is the only game in town? His conclusions are sobering, but not fatalistic. Capitalism gets much wrong, but also much right - and it is not going anywhere. Our task is to improve it.

Throughout the world, mental capacity is declining, especially among young people, while depression rates are rising dramatically. Meanwhile, one in forty men and women suffers from Alzheimer's, and the age of onset is falling rapidly. But the causes are not being eliminated, quite the opposite. Can this just be coincidence? The Indoctrinated Brain introduces a largely unknown, powerful neurobiological mechanism whose externally induced dysfunction underlies these catastrophic developments.

For generations, everything has been getting faster, better, and cheaper. Finally, we reached the point that almost anything you could ever want could be sent to your home within days - even hours - of when you decided you wanted it. America made that happen, but now America has lost interest in keeping it going.

Today, your favorite products are missing from store shelves, caught in supply chain limbo somewhere in the Pacific Ocean. But what does this supply chain disruption look like six months, or even three years, from now? While we hope that post-pandemic recovery will absolve these issues, the reality is that digital currency, meme stonks, and social media can’t solve the age-old problem of producing and moving physical goods across oceans and continents. Jim Rickards argues that consumer frustration is only the tip of a large, menacing iceberg that threatens global economic collapse.

Join the adventure as 33-year-old Rene Cormier politely removes himself from the working world that surrounds him and cashes in what few possessions he has to finance a three-year-long motorcycle journey around the world. Never one to let excessive planning get in the way of a good ride, Rene runs out of money half way through the tour and ultimately takes five years to cover the 41-country, 154,000 kilometer (95,000 mile) route.

Former Navy SEAL Hamilton Jones thought that the love of his life was dead. But when a girl claiming to be his daughter shows up with a dire message from his wife, Ham knows he will stop at nothing to find her and bring her home.

Why do stock and housing markets sometimes experience amazing booms followed by massive busts, and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles. As they do so, they help us understand why bubbles happen and why some have catastrophic economic, social, and political consequences while others have actually benefited society.

Almost 10 years ago, Bloomberg journalist Brad Stone captured the rise of Amazon in his best seller The Everything Store. Since then, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to nearly two trillion dollars.

In November 2022, OpenAI released GPT-4 in a chatbot form to the public. In just two months, it claimed 100 million users—the fastest app to ever reach this benchmark. Since then, AI has become an all-consuming topic, popping up on the news, in ads, on your messenger apps, and in conversations with friends and family. But as AI becomes ubiquitous and grows at an ever-increasing pace, what does it mean for the financial markets? MoneyGPT shows that the danger is not that AI will malfunction, but that it will function exactly as intended.

For more than half a century, the United States has been pursuing a grand imperial strategy with the aim of staking out the globe. Our leaders have shown themselves willing, as in the Cuban missile crisis, to follow the dream of dominance no matter how high the risks. Now the Bush administration is intensifying this process, driving us toward the final frontiers of imperial control, toward a choice between the prerogatives of power and a livable Earth.

We work because we have to, but also because we like it: from hunting-gathering over 700,000 years ago to the present era of zoom meetings, humans have always worked to make the world around them serve their needs. Jan Lucassen provides an inclusive history of humanity's busy labor throughout the ages. Spanning China, India, Africa, the Americas, and Europe, Lucassen looks at the ways in which humanity organizes work: in the household, the tribe, the city, and the state.

Are we deranged? The acclaimed Indian novelist Amitav Ghosh argues that future generations may well think so. How else to explain our imaginative failure in the face of global warming? In his first major book of nonfiction since In an Antique Land, Ghosh examines our inability - at the level of literature, history, and politics - to grasp the scale and violence of climate change.

On May 17, 1980, on the eve of Peru's presidential election, five masked men stormed a small town. They set election ballots ablaze and vanished, but not before planting a red hammer-and-sickle banner in the town square. The lone man arrested the next morning later swore allegiance to a group called Shining Path. Described by a US State Department cable as "cold-blooded and bestial", Shining Path orchestrated bombings, assassinations, and massacres across the cities, countryside, and jungles of Peru in a murderous campaign to seize power and impose a Communist government.

Meet the Lazarus Group, a shadowy cabal of hackers accused of working on behalf of the North Korean state. It's claimed that they form one of the most dangerous criminal enterprises on the planet, having stolen more than $1bn in an international crime spree. Their targets allegedly include central banks, Hollywood film studios and even the British National Health Service. North Korea denies the allegations, saying the accusations are American attempts to tarnish its image.