International Education

Since it was first published in 1973, A Random Walk Down Wall Street has been a highly influential best seller. Burton G. Malkiel demolishes the idea that investment "experts" can predict stock price changes and thereby "beat the market." With all available information that could affect the value of a company's shares known almost instantly to all investors, Malkiel says, shares quickly find the price that reflects that information. This is known as the efficient market hypothesis.

Stanley Milgram was a young researcher at Yale in the 1960s when he recruited volunteers to help in a psychology experiment. These volunteers were asked to give electric shocks to "learners" whenever they got an answer to a question wrong. The "learners" were in on the deception, and were not actually receiving shocks, but the volunteers were unaware of this. To widespread surprise, Milgram reported that 40 to 65 percent of his volunteers did what the researcher told them, and gave the maximum shock to the "learners" even when they screamed in pain.

American sociologist Jack A. Goldstone examines the causes of revolutions and uprisings in the period between 1500 and 1800. Investigating cases in both Europe and Asia, the conclusions he reaches are surprising. Many thinkers had previously believed that Europe's distinctive history - and particularly the rise of capitalism - had created the specific revolutions and political changes that launched the continent on a path to global supremacy. Goldstone says this is wrong, and that European and Asian states were, in fact, all experiencing similar developments.

British-born American political activist Thomas Paine wrote Rights of Man in 1791 in response to Reflections on the Revolution in France, Edmund Burke's attack on the French Revolution. Burke was wary of tearing down old institutions of government. But Paine argued that revolution is acceptable - in fact, necessary - when government ignores the rights of its people. Not surprisingly, Rights of Man proved very popular in the newly liberated United States, selling over 100,000 copies.

Plato imagines a dinner party - a symposium - held in the Athens of the late fifth century BC. He invites seven important historical figures including the philosopher Socrates, the comic playwright Aristophanes, and the notorious military general Alcibiades. As entertainment, each guest gives a speech praising eros (human love or erotic desire). Plato then "collects" these seven speeches into Symposium.

J. A. (John) Hobson's 1902 book, Imperialism: A Study, presents an original and controversial interpretation of the forces that motivated Britain to conquer foreign lands in the 18th century. Hobson advances the idea that ultrawealthy financiers consciously worked to manipulate political leaders, all so they could invest money and sell goods in the outposts of a country's empire.

The title of Norwegian-born historian Odd Arne Westad's 2005 work - The Global Cold War: Third World Interventions and the Making of Our Times - offers a window into his thesis. Between the end of World War II and the early 1990s, both the Soviet Union and the United States "intervened" (or "offered aid and support to") developing nations in Africa, Asia, and Latin America. In Westad's view, these interventions were more important than events in Europe, where most studies of the Cold War focus.

Written more than 2,000 years ago, this earliest surviving work on how to wage war successfully - and above all, rationally - argues that winning requires careful advance planning, better sources of information than your opponent, and a strategy that's flexible enough to adapt to changing conditions. Sun Tzu concludes that in the end, a decision not to take military action can be every bit as sensible and effective as being able to triumph on the battlefield.

Even as recently as the 1920s the historical lack of great female writers was often considered as evidence of women's inferiority. Virginia Woolf disagreed. In her 1929 essay A Room of One's Own, she argues that creativity is impossible without privacy and freedom from financial worries - and that throughout history women have had neither. As a result, no tradition of great female writing existed to inspire women. Woolf's focus on the everyday suppression of women was a turning point.

Defining liberty as freedom from interference by state power or popular moral opinion, Mill justifies the individual's right to this liberty by focusing on the role self-development plays in human well-being. His vision of individual rights extends to include freedom of thought and emotion and the freedom to act together with others. Society should protect the development of individuality to aid both social progress and innovation.

Winner of the Pulitzer Prize for fiction - and the first black woman to win the Nobel Prize in literature - novelist, orator, and outspoken public intellectual Toni Morrison is best known for her novels. In Playing in the Dark, however, she enters the realm of literary criticism. Morrison, an African American, draws attention to the often-overlooked significance of race in literature, demonstrating "the impact of racism on those who perpetuate it". Reading the racial language between the lines of classic American fiction, Morrison shows that literature is never raceless.

In his 1997 work Guns, Germs, and Steel, American geography professor and environmental historian Jared Diamond looks to answer the question of why human history unfolded differently on different continents, and why power and wealth became distributed as they are.

Though written around 1513, more than 500 years ago, Italian diplomat Niccolò Machiavelli's The Prince is still both widely listened to and very influential. Listeners turn to it for its direct advice on the question of how to attain - and retain - power. Machiavelli's answer, in brief: Use any means necessary to make sure the state survives.

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Auf der Suche nach dem Sinn des Lebens stoßen wir irgendwann an unsere Grenzen. Wir bemerken, dass die Suche allein nicht ausreicht...

More than 200 years after Adam Smith published The Wealth of Nations, governments around the world continue to address many of the issues discussed in the book. The most powerful states in the world are still committed to international trade, but questions are repeatedly asked about the role of governments in the economy and the effectiveness of the free market.

Competitors have always existed in business, but what if it were possible to render your competition irrelevant? This is the critical question posed in W. Chan Kim and Renée Mauborgne's book Blue Ocean Strategy. According to Kim and Mauborgne, the path to success of any company does not lie in taking on potential competitors but in the creation of "blue oceans" in uncontested market space. The authors offer analytical frameworks and tools to help businesses identify and capitalize on these new opportunities.

Published in 1974, Roll Jordan, Roll is American historian Eugene Genovese's epic study of slavery in the United States in the late 18th and 19th centuries. It provides a nuanced understanding of the relationship between master and slave. Slave owners saw it as their duty to limit slaves' freedoms for their own good, as a father might deal with his children. But Genovese looked beyond this notion of paternalism to suggest the relationship was more complex.

In his 1966 book, The Night Battles, Italian historian Carlo Ginzburg detailed the lives of peasant people who were marginalized in their own society and have been all but forgotten in ours. He created a new school of study, microhistory, which has influenced thinkers from a range of different disciplines. The Night Battles looks at the witch trials of a small group of peasants in 16th-century Italy who believed they turned into animals at night to ward off evil spirits and safeguard their crops.

Iranian American writer and scholar Hamid Dabashi wrote Iran: A People Interrupted amid the political fallout following the 9/11 terrorist attacks on New York - his adopted city - in 2001. As US President George W. Bush declared a "war on terror" and named Iran as part of an "axis of evil" that supported terrorism, Dabashi offered an insider's insight into the Iranian psyche.