Power Economics

The Federal Reserve is the most powerful central bank in the world. Without its central bank, America would be subject to devastating fluctuations in currency value and chronic economic instability. To stabilize the economy, the Fed adjusts interest rates and intervenes in the economy more directly when appropriate. According to most Fed observers, it as an impartial referee exercising its independence free from political interference in order to advance the best interests of America.

America’s struggling economy needs a better philosophy than the college student’s lament,“I can’t be out of money, I still have checks in my checkbook!” We've tried a government spending spree, and we've learned it doesn't work. Now is the time to rededicate our country to the pursuit of free-market capitalism, before we’re buried under a mound of debt and unfunded entitlements. But how do we navigate between government spending that’s too big to sustain and financial institutions that are "too big to fail?"

The intensified globalization that ensued after the end of the Cold War has resulted in an unprecedented level of interconnectedness between the economies of all rising and established powers. Economic interdependence makes today's world a much more complex place than when balance of power theory was initially developed. International relations literature has overlooked the fact that great powers have been using institutions to soft balance each other's power and aggressive behavior. Restraining Great Powers places the evolution of balancing behavior in historical perspective.

Is India ready for superpower status or too far behind China to ever catch up? In his career as one of India's leading journalists and entrepreneurs, Raghav Bahl has often faced this question, and many others, from bewildered visitors.

For all the attention globalization has received in recent years, little consensus has emerged concerning how best to understand it. For some, it is the happy product of free and rational choices; for others, it is the unfortunate outcome of impersonal forces beyond our control. It is, in turn, celebrated for the opportunities it affords and criticized for the inequalities in wealth and power it generates.

In a society marked by extreme inequality of income and opportunity, why should economists care about how people feel? The truth is that feelings of well-being are critical metrics that predict future life outcomes. In this timely and innovative account, economist Carol Graham argues for the importance of hope—little studied in economics at present—as an independent dimension of well-being.

In Breaking Through Power, Ralph Nader draws from a lifetime waging - and often winning - David vs. Goliath battles against big corporations and the US government.

As the 20th century began, oil in Texas was easy to find, but the quantities were too small to attract industrial capital and production. Then, on January 10, 1901, the Spindletop gusher blew in. Over the next 50 years, oil transformed Texas, creating a booming economy that built cities, attracted out-of-state workers and companies, funded schools and universities, and generated wealth that raised the overall standard of living - even for blue-collar workers. No other 20th-century development had a more profound effect upon the state.

Opportunities are free, abundant, and available to all-including you. Better yet, golden opportunities are like powerful magnets that attract all the resources you need to succeed. People who started with nothing-like Dhirubhai Ambani, Steve Jobs, Jeff Bezos, Sunil Mittal and Bill Gates-all...

How community-centered, peer-to-peer, youth knowledge exchanges are evolving into a strong economic and political foundation on which to build radical public education. Following in the rich traditions in African American cooperative economic and educational thought, teacher-organizer Jay Gillen...

An 800-CEO-READ Staff Pick Shortlisted for the Thinkers50 Breakthrough Idea Award A Financial Times Business Book of the Month “For any would-be activists who hear the voice: ‘not me’ or ‘not now,’ Merchant makes the strong case for ‘yes you’ and ‘yes now’—and even shows...

Author Todd Duncan teaches that it is possible to get more out of life and become the person you always wanted to be. In this insightful book, Duncan uses five essential clarifying questions to lead readers through the process of realizing the life of success and significance they deserve...

Our world is constantly buffeted by new and dramatic changes we can't fully grasp. No one is fully prepared for the challenges, crises, and risks that lie ahead. The Extreme Future is a blueprint for what's next and how to navigate these changes.

A guide to the 10 power moves that have built Taylor Swift’s superstardom and empire, from a former Strategist at Harvard Business School’s Institute for Strategy Taylor Swift’s genius is not limited to her singing and songcraft: as the founder of her own multi-billion dollar...

A historically conscious manifesto calling for worker organizing in tech, led by Black and Latinx technologists What We Build with Power is an urgent call for organizing shared strategies in order to disrupt the tech industry and move toward a more economically inclusive and equitable workforce...

Silicon Valley is imperializing the planet. With nearly bottomless supplies of cash and ambition, a small group of companies have been gradually seizing symbolic and practical civic leadership in America and worldwide. But Silicon Valley does not answer to the electorate; nor have they been voted into office. And the perils of their influence are only now making themselves known.

The trailblazing story of Janet Yellen, the Ruth Bader Ginsburg of economics, and her lifelong advocacy for an economics of empathy that delivers the fruits of a prosperous society to people at the bottom half of the economic ladder. When President Biden announced Janet Yellen as his choice...

A bold and sensible new behavioral approach to dieting—driven by economic principles— that recommends micro-habits and meta-rules to help control impulses to overeat, approach food in a healthier way, and lose weight once and for all. Christopher Payne and Rob Barnett are two formerly obese...

Susan L. Shirk, a former Deputy Assistant Secretary of State responsible for China, knows many of today's Chinese rulers personally and has studied them for three decades. She offers invaluable insight into how they think—and what they fear. In this revealing book, you will see the world through the eyes of men like President Hu Jintao and former President Jiang Zemin. We discover a fragile communist regime desperate to survive in a society turned upside down by miraculous economic growth and a stunning new openness to the greater world.

Lisa Sugar has an amazing job. She spends her days at POPSUGAR creating content about pop culture, must-have handbags and makeup, healthy recipes, and Instagram-worthy sweets. She manages an enormously successful, growing company with employees who love what they do. And her life is just as...