Money Finance Economics

NEW YORK TIMES BESTSELLER Now a major motion picture directed by Martin Scorsese and starring Leonardo DiCaprio By day he made thousands of dollars a minute. By night he spent it as fast as he could. From the binge that sank a 170-foot motor yacht and ran up a $700,000 hotel tab, to the...

Noam Chomsky is widely regarded as the most influential thinker of our time, but never before has he devoted a major book to one topic: income inequality. Requiem for the American Dream is not an essay collection but an entire work of some 70,000 words, based on four years of interviews with Chomsky by the editors. It is a book that makes Chomsky's breadth and depth accessible and at the same time gives us his most powerful political ideas with unprecedented, breathtaking directness.

The new money rules to live your best life The rules of personal finance have changed. Now more than ever, Gen Z needs a fresh, empowering approach to earning, saving, and investing with confidence. In this beginner-friendly guide, money educator Lillian Zhang shows you how to use today’s...

A different kind of politics for a new kind of society - beyond work, scarcity, and capitalism.

Darrell Huff's celebrated classic How to Lie With Statistics is a straightforward and engaging guide to understanding the manipulation and misrepresentation of information that could be lurking behind every graph, chart, and infographic. Originally published in 1954, it remains as relevant and necessary as ever in our digital world, where information is king - and as easy to distort and manipulate as it is to access.

In my book, The Layman’s Guide to Understanding Financial Statements, I will teach you all about what you need to know to read, analyze, create, and understand various financial statements. To be a competent and successful business owner, you will need to know what to do with these forms and how best to utilize them for your business’s financial health.

With record-breaking highs one minute and economy-rocking lows the next, it can seem as if there's no way to feel truly comfortable in the mysterious world of finance. But there is, and it's more accessible than you might think. Financial Literacy: Finding Your Way in the Financial Markets is an essential primer on this domain, from its functions, strengths, and possibilities to its weaknesses and vulnerabilities

Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.

Learn about derivatives with iMinds Money's insightful fast-knowledge series. In economics, a derivative is defined as a financial instrument or an “agreement” between two parties that is based on an “underlying” and generally tangible asset, such as a stock or a commodity.

In the midst of one of the most serious financial upheavals since the Great Depression, George Soros writes about the origins of the crisis and proposes a set of policies that should be adopted to confront it. Soros places the current crisis in the context of his decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity.

Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for our nation and the world.

By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development - for both rich and poor - in the 21st century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities.

Learn about the Eurozone with iMinds Money's insightful fast knowledge series. The Eurozone, known officially as the Euro-area and sometimes as Euroland, is a collection of countries that have adopted the Euro as their national currency. As of 2010, 16 countries replaced their national currency with the Euro. As members of the European Union and the European Monetary Union, they have ceded control of their monetary systems to Central European Bank.

Learn about Antitrust Laws with iMinds Money's insightful fast knowledge series. Competition is an essential part of the free market. The competition between participants in the market promotes efficiency. This occurs as the supply of a product is improved to provide more attractive prices than a competitor can offer. Competition also drives innovation, as producers develop superior products and services to gain the favour of buyers.

Learn about Land Trusts with iMinds Money's insightful fast knowledge series. A land trust is an agreement whereby one party, the trustee, agrees to hold ownership of a piece of real property for the benefit of another party, the beneficiary. Corporations set up land trusts as intermediaries that hold and manage property on behalf of investors in return for management fees.

Learn about Monopoly Power with iMinds Money's insightful fast knowledge series. Monopoly power is the ability of the dominant participant in a market to control prices. It is a sign of market failure and a major factor in antitrust investigations. Capitalist economic markets rely on competition to operate efficiently and to protect consumer welfare. When a single company controls the prices within a market, the economic welfare of the consumer is often at stake.

Learn about Energy Security with iMinds Money's insightful fast knowledge series. Since the industrial revolution the consumption of relatively inexpensive energy has become vital to the functioning of the world economy and modern society. Energy production that is heavily reliant on fossils fuels sourced from an increasingly concentrated number of countries leaves economies highly vulnerable to energy security threats.

Learn about Price Cartels with iMinds Money's insightful fast knowledge series. A price cartel is a group of companies that have a formal agreement to fix prices. Companies that form cartels operate within the same industry and, in theory, should be in competition with each other. By forming a cartel, the companies create monopoly power that can be used to increase profits.

Learn about Peak Oil with iMinds Money's insightful fast knowledge series. Oil is put to use every day in vehicles, plains, agriculture and many other ways. Developed nations have been built on oil and are still very much reliant on this finite commodity. The vast changes to life brought about by the Industrial Revolution depended on oil as a power source. It is not unexpected then that many people find it difficult to admit the world is changing.

Learn about Leveraged Buyouts with iMinds Money's insightful fast knowledge series. Leveraged buyouts originated in the early 1960’s. It is also known as a hostile takeover, a highly-leveraged transaction, or a bootstrap transaction. In effect, it is a tactic through which control of a corporation is acquired by buying up a majority of their stock using borrowed money.

Learn about Market Capitalisation with iMinds Money's insightful fast knowledge series. Market capitalisation, or simply market cap, is the total tradable value of a public company, equal to the number of shares outstanding times share price. It is therefore an indicator of public opinion on the total future value or net worth of a business. This also means market capitalisation will fluctuate over time and even within the space of a day.