The contributors are Augustine H. Agwuele, Christine Ayorinde, Matt D. Childs, Gibril R. Cole, David Eltis, Toyin Falola, C. Magbaily Fyle, Rosalyn Howard, Robin Law, Babatunde Lawal, Russell Lohse, Paul E. Lovejoy, Beatriz G. Mamigonian, Robin Moore, Ann O'Hear, Luis Nicolau ParÃ©s, Michele Reid, João JosÃ© Reis, Kevin Roberts, and Mariza de Carvalho Soares.
Blacks in the Diaspora -- Claude A. Clegg III, editor
Darlene Clark Hine, David Barry Gaspar, and John McCluskey, founding editors
issues in transnational religious movements in Latina/o and African
This is the first collection of essays to analyze
intersectional religious and cultural practices surrounding the deity Yemoja. In
Afro-Atlantic traditions, Yemoja is associated with motherhood, women, the arts,
and the family. This book reveals how Yemoja traditions are negotiating gender,
sexuality, and cultural identities in bold ways that emphasize the shifting
beliefs and cultural practices of contemporary times. Contributors come from a
wide range of fields—religious studies, art history, literature, and
anthropology—and focus on the central concern of how different religious
communities explore issues of race, gender, and sexuality through religious
practice and discourse. The volume adds the voices of religious practitioners
and artists to those of scholars to engage in conversations about how Latino/a
and African diaspora religions respond creatively to a history of colonization.
While the focus of this volume is on historical knowledge, the effort to make African scholarship "more African" is fundamentally interdisciplinary. The essays in this volume employ several innovative methods in an effort to study Africa on its own terms. The book is divided into four parts. Part 1, "Africanizing African History," offers several diverse methods for bringing distinctly African modes of historical discourse to the foreground in academic historical research. Part 2, "African Creative Expression in Context," presents case studies of African art, literature, music, and poetry. It attempts to strip away the exotic or primitivist aura such topics often accumulate when presented in a foreign setting in order to illuminate the social, historical, and aesthetic contexts in which these works of art were originally produced. Part 3, "Writing about Colonialism," demonstrates that the study of imperialism in Africa remains a springboard for innovative work, which takes familiar ideas about Africa and considers them within new contexts. Part 4, "Scholars and Their Work," critically examines the process of African studies itself, including the roles of scholars in the production of knowledge about Africa.
This timely and thoughtful volume will be of interest to African studies scholars and students who are concerned about the ways in which Africanist scholarship might become "more African."
Toyin Falola, a leading historian of Nigeria and a distinguished Africanist, is the Frances Higginbothom Nalle Centennial Professor of History at the University of Texas at Austin. His numerous publications include Yoruba Historiography, African Historiography, and Nationalism and African Intellectuals.
Christian Jennings is completing his Ph.D. at the University of Texas at Austin. He has contributed chapters on environmental history to the five-volume series on Africa published by Carolina Academic Press, and is co-editing a forthcoming book on historical methods.
As a handy ready-reference, the Encyclopedia of the Middle Passage is the first of its kind. As schools continue to incorporate slavery in their curriculums, the volume will prove to be an essential reference for high school reports and research in History and Social Studies, as well as for college students and general readers. Its subject is of continuing interest, as evidenced by the extraordinary popularity of the film Amistad and the recent HBO special, The Middle Passage. Sample entries: Abolitionism, Asante, Barracoons, Black Sailors, Cargoes, Christianity, Credit and Finance, Door of No Return, Eric Williams Thesis, Gold Coast, Import Records, Islam and Muslims, Museums, Oral History, Rape and Sexual Abuse, Seasoning, Suicide, Triangular Trade, William Wilberforce, Women
Ghana seeks to cultivate the philosophy of the African personality, to revive, maintain, and promote Ghanaian ways of life and integrate them into political and social institutions. Ghanaians also recognize their relationship to the rest of the world and continue to develop with the forces of globalization. Culture and Customs of Ghana authoritatively discusses the vibrant and adaptable people, from their religions to music and dance. A chronology, glossary, and numerous photos complement the text.
Nigerians are proud of their diverse culture comprising more than 250 ethnic groups. Important changes in their economy and political system are helping them cope with challenges in the modern world. "Culture and Customs of Nigeria" illuminates a dynamic society--how Nigerians today live, work, worship, interact, relax, and express themselves. Numerous photos, a chronology, and a glossary complement the text.
Roy Doron and Toyin Falola portray a man who not only was formed by the complex forces of ethnicity, race, class, and politics in Nigeria, but who drove change in those same processes. Like others in the Ohio Short Histories of Africa series, Ken Saro-Wiwa is written to be accessible to the casual reader and student, yet indispensable to scholars.
This book addresses these issues and their connections to social justice, discrimination, and equality movements. From colonial abuses or their legacies, black people around the world have historically encountered discrimination, and yet they do not experience injustice opaquely. The chapters in this book explore and clarify how Africans, and their descendants, struggled to achieve agency despite long histories of discrimination. Contributors draw upon a range of case studies related to resistance, and examine these in conjunction with human rights and the concept of race to provide a thorough exploration of the diasporic experience.
Human Rights, Race, and Resistance in Africa and the African Diasporawill appeal to students and scholars of Ethnic and Racial Studies, African History, and Diaspora Studies.
The essays in this volume center on Africa and Africans participating in international political discourses, but with an emphasis on various forms of expression and philosophies, as these factors heavily influence Africa's role as a participant in global politics. The reader will find a variety of essays that permeate surface discussions of politics and political activism by inserting African culture, rhetoric, philosophies into the larger discussion of international politics and Africa's role in worldwide political, social, and economic debates.
This book provides an in-depth exploration of African women's roles in society from precolonial periods to the contemporary era. Topical sections describe the roles that women play in family, courtship and marriage, religion, work, literature and arts, and government. Each of the six chapters has been structured to elucidate women's roles and functions in society as partners, as active participants, as defenders of their status and occupations, and as agents of change. Authors Nana Akua Amponsah and Toyin Falola present a thought-provoking work that looks at the complicated the victimhood/powerful female paradigm in women and gender studies in Africa, and challenge ideological interest in African historiography that privilege male representation.
The chapters elevate the debates on dissent, protest and disputes/conflict in Africa by adding new ideas and introducing new and useful interpretations. The book’s strength lies in the contributors’ ability to conflate colonial and postcolonial tendencies to show how challenges of the past are not so different from those of today, while also presenting important historical issues from various scholarly perspectives.
Dissent, Protest and Dispute in Africa will be of interest for students and scholars of African history, politics, and culture as well as those interested in social movements and civil society.
This book investigates the complex dynamic forces that have shaped, and continue to shape, this new diaspora. In eleven original essays, the volume examines pertinent themes, such as: immigration, integration dilemmas, identity construction, brain drain, remittances, expanding African religious space, and how these dynamics impact and intersect with the African homeland.
With contributors from both sides of the Atlantic that represent a diverse range of academic disciplines, this book offers a broad perspective on emerging themes in contemporary African diasporan experiences. The book will be of interest to scholars and students of African and African-American Studies, Sociology, and History.
The approach used here is interdisciplinary, giving the book a wider appeal to those interested in history, political science, peace and conflict studies, international relations and many disciplines. Additionally, the topics covered are so important and intellectual, and have been penned by an A-team of African scholars that other scholars, students, and professionals can use the volume as a reference text. Therefore, college students (both undergraduate and graduate), college instructors, researchers, policy-makers and the development community working to stabilize Africa will find the book to be of immense importance. Furthermore, this volume will serve as a guide for advocates for the development community on how to address the numerous problems affecting the continent, as well as the correct approach to boosting public awareness about contemporary African issues.
Contributors to this volume, selected from a wide range of academic and cultural backgrounds, explore issues that encourage a deeper understanding of race, ethnicity and identity. As our notions about what it means to be black or of African heritage change as a result of globalization, it is important to reassess how these issues are currently developing, and the origins from which these issues developed.
Global Africans is an important and insightful book, useful to a wide range of students and scholars, particularly of African studies, sociology, diaspora studies, and race and ethnic studies.
In her groundbreaking reporting over the past few years, Naomi Klein introduced the term "disaster capitalism." Whether covering Baghdad after the U.S. occupation, Sri Lanka in the wake of the tsunami, or New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment," losing their land and homes to rapid-fire corporate makeovers.
The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq.
At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. Klein argues that by capitalizing on crises, created by nature or war, the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.
At the end of 2008, Ford Motor Company was just months away from running out of cash. With the auto industry careening toward ruin, Congress offered all three Detroit automakers a bailout. General Motors and Chrysler grabbed the taxpayer lifeline, but Ford decided to save itself.
Under the leadership of charismatic CEO Alan Mulally, Ford had already put together a bold plan to unify its divided global operations, transform its lackluster product lineup, and overcome a dysfunctional culture of infighting, backstabbing, and excuses. It was an extraordinary risk, but it was the only way the Ford family—America’s last great industrial dynasty—could hold on to their company.
Mulally and his team pulled off one of the greatest comebacks in business history. As the rest of Detroit collapsed, Ford went from the brink of bankruptcy to being the most profitable automaker in the world. American Icon is the compelling, behind-the-scenes account of that epic turnaround.
In one of the great management narratives of our time, Hoffman puts the reader inside the boardroom as Mulally uses his celebrated Business Plan Review meetings to drive change and force Ford to deal with the painful realities of the American auto industry.
Hoffman was granted unprecedented access to Ford’s top executives and top-secret company documents. He spent countless hours with Alan Mulally, Bill Ford, the Ford family, former executives, labor leaders, and company directors. In the bestselling tradition of Too Big to Fail and The Big Short, American Icon is narrative nonfiction at its vivid and colorful best.
The United States is in the midst of an economic implosion that could make the Great Depression look like child's play. In THE CRASH OF 2016, Thom Hartmann argues that the facade of our once-great United States will soon disintegrate to reveal the rotting core where corporate and billionaire power and greed have replaced democratic infrastructure and governance. Our once-enlightened political and economic systems have been manipulated to ensure the success of only a fraction of the population at the expense of the rest of us.
The result is a "for the rich, by the rich" scheme leading to policies that only benefit the highest bidders. Hartmann outlines the destructive forces-planted by Lewis Powell in 1971 and come to fruition with the "Reagan Revolution"-that have looted our nation over the past decade, and how their actions fit into a cycle of American history that lets such forces rise to power every four generations.
However, a backlash is now palpable against the "economic royalists"-a term coined by FDR to describe those hoarding power and wealth-including the banksters, oligarchs, and politicians who have plunged our nation into economic chaos and social instability.
Although we are in the midst of what could become the most catastrophic economic crash in American History, a way forward is emerging, just as it did in the previous great crashes of the 1760s, 1856, and 1929. The choices we make now will redefine American culture. Before us stands a genuine opportunity to embrace the moral motive over the profit motive-and to rebuild the American economic model that once yielded great success.
Thoroughly researched and passionately argued, THE CRASH OF 2016 is not just a roadmap to redemption in post-Crash America, but a critical wake-up call, challenging us to act. Only if the right reforms are enacted and the moral choices are made, can we avert disaster and make our nation whole again.
THE BOOK THAT EXPLAINS WHY RUSSIANS WANTED TO MEET WITH THE TRUMP CAMPAIGN
“Part John Grisham-like thriller, part business and political memoir.” —The New York Times
“[Red Notice] does for investing in Russia and the former Soviet Union what Liar’s Poker did for our understanding of Salomon Brothers, Wall Street, and the mortgage-backed securities business in the 1980s. Browder’s business saga meshes well with the story of corruption and murder in Vladimir Putin’s Russia, making Red Notice an early candidate for any list of the year’s best books” (Fortune).
This is a story about an accidental activist. Bill Browder started out his adult life as the Wall Street maverick whose instincts led him to Russia just after the breakup of the Soviet Union, where he made his fortune.
Along the way he exposed corruption, and when he did, he barely escaped with his life. His Russian lawyer Sergei Magnitsky wasn’t so lucky: he ended up in jail, where he was tortured to death. That changed Browder forever. He saw the murderous heart of the Putin regime and has spent the last half decade on a campaign to expose it. Because of that, he became Putin’s number one enemy, especially after Browder succeeded in having a law passed in the United States—The Magnitsky Act—that punishes a list of Russians implicated in the lawyer’s murder. Putin famously retaliated with a law that bans Americans from adopting Russian orphans.
A financial caper, a crime thriller, and a political crusade, Red Notice is the story of one man taking on overpowering odds to change the world, and also the story of how, without intending to, he found meaning in his life.
Is it culture, the weather, geography? Perhaps ignorance of what the right policies are?
Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence?
Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities.
The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories.
Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:
- China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West?
- Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?
- What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions?
Why Nations Fail will change the way you look at—and understand—the world.
Basic Economics, which has now been translated into six languages and has additional material online, remains true to its core principle: that the fundamental facts and principles of economics do not require jargon, graphs, or equations, and can be learned in a relaxed and even enjoyable way.
That richer, fairer, cooler, safer world is possible, practical, even profitable-because saving and replacing fossil fuels now works better and costs no more than buying and burning them. Reinventing Fire shows how business-motivated by profit, supported by civil society, sped by smart policy-can get the US completely off oil and coal by 2050, and later beyond natural gas as well.
Authored by a world leader on energy and innovation, the book maps a robust path for integrating real, here-and-now, comprehensive energy solutions in four industries-transportation, buildings, electricity, and manufacturing-melding radically efficient energy use with reliable, secure, renewable energy supplies.Popular in tone and rooted in applied hope, Reinventing Fire shows how smart businesses are creating a potent, global, market-driven, and explosively growing movement to defossilize fuels. It points readers to trillions in savings over the next 40 years, and trillions more in new business opportunities.Whether you care most about national security, or jobs and competitive advantage, or climate and environment, this major contribution by world leaders in energy innovation offers startling innovations will support your values, inspire your support, and transform your sense of possibility.Pragmatic citizens today are more interested in outcomes than motives. Reinventing Fire answers this trans-ideological call. Whether you care most about national security, or jobs and competitive advantage, or climate and environment, its startling innovations will support your values, inspire your support, and transform your sense of possibility.
A master storyteller as well as a leading energy expert, Daniel Yergin continues the riveting story begun in his Pulitzer Prize–winning book, The Prize. In The Quest, Yergin shows us how energy is an engine of global political and economic change and conflict, in a story that spans the energies on which our civilization has been built and the new energies that are competing to replace them.
The Quest tells the inside stories, tackles the tough questions, and reveals surprising insights about coal, electricity, and natural gas. He explains how climate change became a great issue and leads readers through the rebirth of renewable energies, energy independence, and the return of the electric car. Epic in scope and never more timely, The Quest vividly reveals the decisions, technologies, and individuals that are shaping our future.
In this timely book, Robert B. Reich argues that nothing good happens in Washington unless citizens are energized and organized to make sure Washington acts in the public good. The first step is to see the big picture. Beyond Outrage connects the dots, showing why the increasing share of income and wealth going to the top has hobbled jobs and growth for everyone else, undermining our democracy; caused Americans to become increasingly cynical about public life; and turned many Americans against one another. He also explains why the proposals of the “regressive right” are dead wrong and provides a clear roadmap of what must be done instead.
Here’s a plan for action for everyone who cares about the future of America.
Make the Right Choice - Enhance Your Ethical Decision Making Skills Today!
Ethical issues arise in all walks of life, but none have implications as far-reaching and serious as those related to public management. Most people working in the public sector want to do the "right" thing, but the issues can be highly complex or just not lend themselves to easy answers. Practical Ethics in Public Administration, Third Edition, provides the tools, techniques, and methods needed to help meet these challenges. This completely updated third edition provides public sector professionals the information they need to face the ethical issues that arise in the course of a day’s work, address those issues with greater self-assurance, perform their duties in an ethically justifiable manner, and explain their actions reasonably.
This new edition:Covers emerging ethical issues surrounding public-private partnershipsExamines the shift from compliance-based to integrity-based ethics programsExplores the context of moral competency
Contents The Real World • Ethics in the Public Sector/Ethics in the Private Sector • What Is Ethics, Anyway? • Raising the Right Questions: Ethical Approaches to Five Important Cases • The Real World Revisited • Who Am I? Who Do I Want to Be? What Do I Want? • Making Choices • Problems That Might Arise and How to Analyze Them • Developing an Ethical Style: How Would You Analyze Problems That Might Arise? • Addressing Public Ethical Conflict by Means of the Unified Ethic • Leadership Development and Moral Agency in Contemporary Governance • Perspectives on Contemporary Reform: Reinventing Government and the New Public Management • Ethics, Quality, and Performance • Ethical Dilemmas in Hybridization and Outsourcing • The Competent Moral Agent • Wrap-Up and Key Points
Things looked grim for American energy in 2006, but a handful of wildcatters were determined to tap massive deposits of oil and gas that giants like Exxon and Chevron had ignored. They risked everything on a new process called fracking. Within a few years, they solved America’s dependence on imported energy, triggered a global environmental controversy, and made and lost astonishing fortunes.
No one understands the frackers—their ambitions, personalities, and foibles—better than Wall Street Journal reporter Gregory Zuckerman. His exclusive access drives this dramatic narrative, which stretches from North Dakota to Texas to Wall Street.
In Back to Work, Clinton details how we can get out of the current economic crisis and lay a foundation for long-term prosperity. He offers specific recommendations on how we can put people back to work and create new businesses, increase bank lending and corporate investment, double our exports, and restore our manufacturing base. He supports President Obama’s emphasis on green technology, saying that change in the way we produce and consume energy is the strategy most likely to spark a fast-growing economy and enhance our national security.
Clinton also says that we need both a strong economy and a smart government working together to restore prosperity and progress. He demonstrates that whenever we’ve given in to the temptation to blame government for our problems, we’ve lost our commitment to shared prosperity, balanced growth, financial responsibility, and investment in the future. That has led our nation into trouble because there are some things we have to do together. For example, he says, “Our ability to compete in the twenty-first century is dependent on our willingness to invest in infrastructure: we need faster broadband, a state-of-the-art national electrical grid, modernized water and sewer systems, and the best airports, trains, roads, and bridges.
“There is no evidence that we can succeed in the twenty-first century with an antigovernment strategy,” writes Clinton, “with a philosophy grounded in ‘You’re on your own’ rather than ‘We’re all in this together.’” Clinton believes that conflict between government and the private sector has proved to be remarkably good politics, but it has produced bad policies, giving us a weak economy with few jobs, growing income inequality and poverty, and a decline in our competitive position. In the real world, cooperation works much better than conflict, and “we need victories in the real world.”
The Leader’s Code is a practical action plan that can be applied to any situation in which exemplary leadership is required, whether that be at home or in the workplace. Moreover, The Leader’s Code unpacks the military servant-leader model—a leader must take care of his mission first, his team second, and himself a distant third—and explains why this concept of self-sacrifice is so needed in today’s world. Focusing on the development of character as the foundation of servant-leadership, Campbell identifies character’s six key attributes: humility, excellence, kindness, discipline, courage, and wisdom. Then, drawing on lessons from his time in the Corps and stories from history, Scripture, and American business, he shows us how to develop those virtues in order to take the helm with confidence, conviction, and a passion to bring out the best in others.
Being a leader is about being worthy of being followed. True leaders, Campbell argues, foster compassion for others and they pursue excellence in all that they do. They are humble and know how to self-correct. Campbell’s exploration of these vital qualities is wide-ranging, as he takes us from the boardrooms of the world’s most successful companies to the Infantry Officer Course, the intense twelve-week training gauntlet that Marines use to prepare their leaders to sacrifice themselves for the welfare of others.
With faith in our political and business leaders at an all-time low, America is in the midst of a crisis of trust. Yet public opinion polls show that there is one institution that still commands widespread respect because of its commitment to character and sacrifice: the United States military. The Leader’s Code shows that this same servant-leader model can help us all become our best selves—and provide a way forward for our nation.
Advance praise for The Leader’s Code
“A refreshing model for leadership, offering convincing principles and motivating examples that are sure to make a difference in a leader’s personal and professional life. I can’t remember a leadership book that has had more influence on my thinking.”—Steve Reinemund, dean of business, Wake Forest University, and retired chairman and CEO, PepsiCo
“Donovan Campbell has written a superb, thoughtful, all-encompassing examination of leadership and leaders. His key lessons, easily understood and well articulated, are applicable at home, within the community, and to professionals in all walks of life. The Leader’s Code is an important book for anyone concerned about today’s leadership crisis in our country and in our communities.”—General Mike Hagee, USMC (Ret.), 33rd Commandant of the U.S. Marine Corps
“Donovan Campbell nails it as he speaks to our country’s need for leadership at every level: at home, in the marketplace, in education, in government, and in the military. The Leader’s Code is a clear call to be focused on the right mission, in the right way, and at the right time. This is a thoughtful book that will keep you awake at night and challenge you to dream in the daytime!”—Dennis Rainey, president and CEO, FamilyLife
From the Hardcover edition.
From the authors of Cradle to Cradle, we learn what's next: The Upcycle
The Upcycle is the eagerly awaited follow-up to Cradle to Cradle, one of the most consequential ecological manifestoes of our time. Now, drawing on the green living lessons gained from 10 years of putting the Cradle to Cradle concept into practice with businesses, governments, and ordinary people, William McDonough and Michael Braungart envision the next step in the solution to our ecological crisis: We don't just use or reuse and recycle resources with greater effectiveness, we actually improve the natural world as we live, create, and build.
For McDonough and Braungart, the questions of resource scarcity and sustainability are questions of design. They are practical-minded visionaries: They envision beneficial designs of products, buildings, and business practices—and they show us these ideas being put to use around the world as everyday objects like chairs, cars, and factories are being reimagined not just to sustain life on the planet but to grow it. It is an eye-opening, inspiring tour of our green future as it unfolds in front of us.
The Upcycle is as ambitious as such classics as Rachel Carson's Silent Spring—but its mission is very different. McDonough and Braungart want to turn on its head our very understanding of the human role on earth: Instead of protecting the planet from human impact, why not redesign our activity to improve the environment? We can have a beneficial, sustainable footprint. Abundance for all. The goal is within our reach.
Both a riveting account of a life spent pulling off improbable triumphs and a report back from the front of the global-energy and natural-resource wars, The First Billion Is the Hardest tells the story of the remarkable late-life comeback that brought the famed oilman and maverick back from bankruptcy and clinical depression. Along the way, the man often called the “Oracle of Oil” shares the insights that have made him a legend–and describes the billion-dollar bets he is now making in hopes of securing America’s energy independence.
“Sassy...breezes along...salted with earthy aphorisms.”—Bloomberg.com
“Boone’s analysis of America’s energy situation is 100 percent on the money....The country should listen to him–now!” —Warren Buffett, chairman and CEO, Berkshire Hathaway
“Self-deprecating and audacious...overall, it’s decidedly informative about the machinations of business.” –Dallas Morning News
“A fascinating, eye-opening book by one of America’s greatest iconoclasts and entrepreneurs. Boone Pickens’ sense of daring and innovation has never been sharper.”–Steve Forbes, president and CEO, Forbes Inc., and editor in chief of Forbes magazine
From the Trade Paperback edition.
At its peak, hedge fund Amaranth Advisors LLC had more than $9 billion in assets. A few weeks later, it completely collapsed. The disaster was largely triggered by one man: thirty-two-year-old hotshot trader Brian Hunter. His high-risk bets on natural gas prices bankrupted his firm and destroyed his career, while John Arnold, his rival at competitor fund Centaurus, emerged as the highest-paid trader on Wall Street. Meticulously researched and character-driven, Hedge Hogs is a riveting fly-on-the-wall account of the largest hedge fund collapse in history: a blistering tale of the recent past that explains our precarious present . . . and may predict our future.
Using emails, instant messages, court testimony, and exclusive interviews, securities analyst turned investigative reporter Barbara T. Dreyfuss charts the colliding paths of these two charismatic traders who dominated the speculative energy market. We follow Brian Hunter, the Canadian farm boy and elbows-out high school basketball star, as he achieves phenomenal early success, only to see his ambition, greed, and hubris precipitate his downfall. Set in relief is the journey of John Arnold, whose mild manner, sophisticated tastes, and low profile belied his own ferocious competitive streak. As the two clash, hundreds of millions of dollars in pension and endowment money is imperiled, with devastating public consequences.
Hedge Hogs takes you behind closed doors into the shadowy world of hedge funds, the unregulated wild side of finance, where over-the-top parties and lavish perks abound and billions of dollars of other people’s money are in the hands of a tiny elite. Dreyfuss traces the rise of this freewheeling industry while detailing the decades of bank, hedge fund, and commodity deregulation that turned Wall Street into a speculative casino.
A gripping saga peppered with fast money, vivid characters, and high drama, Hedge Hogs is also an important and timely cautionary tale—a vivisection of a financial system jeopardized by reckless practices, watered-down regulation, and loopholes in government oversight, just waiting for the next bust.
Praise for Hedge Hogs
“Regulators, legislators and judges inclined to sympathize with the industry ought to rush out and buy a copy of Barbara Dreyfuss’s Hedge Hogs, a wonderfully instructive tale about Amaranth Advisors. . . . Dreyfuss, a Wall Street analyst turned investigative journalist, not only plowed through what turned out to be a treasure trove of official records and transcripts, but supplemented it with plenty of her own reporting. She manages to organize it all into a tight, riveting and understandable yarn.”—The Washington Post
“Clearly and entertainingly told . . . a salutary example of how traders who believe they are super-smart might be nothing more than lucky, and how there is nothing so intoxicating as the ability to speculate with other people’s money.”—The Economist
“[Dreyfuss] does a great job of putting Amaranth’s out-of-control trader into historical context, explaining the blitz of deregulation that set the stage for someone like Hunter to do maximum damage.”—Bloomberg
“The definitive take on the largest hedge fund collapse in history . . . You will not be able to put it down.”—Frank Partnoy, author of F.I.A.S.C.O. and Infectious Greed
Named One of the Top 10 Business & Economics Books of the Season by Publishers Weekly
In UNSTOPPABLE, Bill Nye crystallizes and expands the message for which he is best known and beloved. That message is that with a combination of optimism and scientific curiosity, all obstacles become opportunities, and the possibilities of our world become limitless. With a scientist's thirst for knowledge and an engineer's vision of what can be, Bill Nye sees today's environmental issues not as insurmountable, depressing problems but as chances for our society to rise to the challenge and create a cleaner, healthier, smarter world. We need not accept that transportation consumes half our energy, and that two-thirds of the energy you put into your car is immediately thrown away out the tailpipe. We need not accept that dangerous emissions are the price we must pay for a vibrant economy and a comfortable life. Above all, we need not accept that we will leave our children a planet that is dirty, overheated, and depleted of resources. As Bill shares his vision, he debunks some of the most persistent myths and misunderstandings about global warming. When you are done reading, you'll be enlightened and empowered. Chances are, you'll be smiling, too, ready to join Bill and change the world.
In Unstoppable: Harnessing Science to Change the World, the New York Times bestselling author of Undeniable: Evolution and the Science of Creation and former host of "Bill Nye the Science Guy" issues a new challenge to today's generation: to make a cleaner, more efficient, and happier world.
Praise for UNDENIABLE:
"With his charming, breezy, narrative style, Bill empowers the reader to see the natural world as it is, not as some would wish it to be. He does it right. And, as I expected, he does it best." -Neil deGrasse Tyson, Ph.D, host of COSMOS
"Bill Nye, 'the Science Guy,' has become a veritable cultural icon....[T]he title of his new book on evolution...[is] 'Undeniable,' because, yes, there are many Americans who still deny what Darwin and other scientists long ago proved." -Frank Bruni, The New York Times
"With a jaunty bow tie and boyish enthusiasm, Bill Nye the Science Guy has spent decades decoding scientific topics, from germs to volcanoes, for television audiences....In his new book, Nye delights in how [evolution] helps to unlock the mysteries of everything from bumblebees to human origins to our place in the universe." -National Geographic
"When it comes to Bill Nye, 'Science Guy' doesn't even begin to cover it. When he's not being summoned to act as a voice of reason for news outlets or leading meetings as CEO of the Planetary Society, he is living the life of a best-selling author....His recently published book, 'Undeniable: Evolution and the Science of Creation,' enlightens readers while using a conversational, educational tone. After all, it's his ability to break down even the most complicated topics into bite-size pieces that made him such a hit on his '90s children's show 'Bill Nye, the Science Guy.'" -The Boston Globe
"Mr. Nye writes briskly and accessibly...[and] makes an eloquent case for evolution."-The Wall Street Journal
"Because [Bill Nye is] a scientist, he has no doubts that the 'deniers' of evolution are flat wrong. And because he's a performer, his book is fun to read and easy to absorb." -The Washington Post
"Ignite your inner scientist when Nye, known for delivering geeky intel with clarity and charm, takes on one of society's most hotly debated topics (yes, still)." -Time Out New York
Key Features: • Impacts of new regulation • Simple and clear explanations of generation, transmission and governance • How cleaner fuels and new technology are transforming the industry • The newest environmental standards
Management Concepts Press Federal Acquisition Regulation (FAR) eBook is a versatile and practical new resource that transforms the massive multi-volume FAR into an easy-to-navigate electronic format. This user-friendly version streamlines your access to critical information and makes the cumbersome task of using the regulations less difficult and time consuming. In addition, every quarter, a new edition of the FAR eBook is posted to ensure that the material remains timely and accurate.
This electronic format, covering all of the regulations on federal government acquisitions, is now conveniently available on Kindle or through Google Play. Touch or click on any of the table of content entries and land directly on your desired entry. Quickly and easily access government documents or forms directly from the Part 53 table of contents. Find and navigate through the applicable regulations easily with a touch of the screen.
Although other electronic versions of the FAR are available, none are as easy to use as Management Concepts Federal Acquisition Regulation eBook Version. Anyone needing access to the FAR will find this version the favorite – whether you’re a federal government employee or a government contractor, it’s a must-have to keep up-to-date with federal acquisition matters.
How does a strong and growing economy lend itself to job uncertainty, debt, bankruptcy, and economic fear for a vast number of Americans? Free Lunch provides answers to this great economic mystery of our time, revealing how today's government policies and spending reach deep into the wallets of the many for the benefit of the wealthy few.
Johnston cuts through the official version of events and shows how, under the guise of deregulation, a whole new set of regulations quietly went into effect-- regulations that thwart competition, depress wages, and reward misconduct. From how George W. Bush got rich off a tax increase to a $100 million taxpayer gift to Warren Buffett, Johnston puts a face on all of the dirty little tricks that business and government pull. A lot of people appear to be getting free lunches, but of course there's no such thing as a free lunch, and someone (you, the taxpayer) is picking up the bill.
Johnston's many revelations include:
How we ended up with the most expensive yet inefficient health-care system in the world
How homeowners title insurance became a costly, deceitful, yet almost invisible oligopoly
How our government gives hidden subsidies for posh golf courses
How Paris Hilton's grandfather schemed to retake the family fortune from a charity for poor children
How the Yankees and Mets owners will collect more than $1.3 billion in public funds
In these instances and many more, Free Lunch shows how the lobbyists and lawyers representing the most powerful 0.1 percent of Americans manipulated our government at the expense of the other 99.9 percent.
With his extraordinary reporting, vivid stories, and sharp analysis, Johnston reveals the forces that shape our everyday economic lives and shows us how we can finally make things better.
From the Hardcover edition.
The same Silicon Valley ecosystem that created bit-based technologies that have disrupted atom-based industries is now creating bit- and electron-based technologies that will disrupt atom-based energy industries.
Clean Disruption projections (based on technology cost curves, business model innovation as well as product innovation) show that by 2030:
- All new energy will be provided by solar or wind.
- All new mass-market vehicles will be electric.
- All of these vehicles will be autonomous (self-driving) or semi-autonomous.
- The new car market will shrink by 80%.
- Even assuming that EVs don't kill the gasoline car by 2030, the self-driving car will shrink the new car market by 80%.
- Gasoline will be obsolete. Nuclear is already obsolete.
- Up to 80% of highways will be redundant.
- Up to 80% of parking spaces will be redundant.
- The concept of individual car ownership will be obsolete.
- The Car Insurance industry will be disrupted.
The Stone Age did not end because we ran out of rocks. It ended because a disruptive technology ushered in the Bronze Age. The era of centralized, command-and-control, extraction-resource-based energy sources (oil, gas, coal and nuclear) will not end because we run out of petroleum, natural gas, coal, or uranium. It will end because these energy sources, the business models they employ, and the products that sustain them will be disrupted by superior technologies, product architectures, and business models.
This is a technology-based disruption reminiscent of how the cell phone, Internet, and personal computer swept away industries such as landline telephony, publishing, and mainframe computers. Just like those technology disruptions flipped the architecture of information and brought abundant, cheap and participatory information, the clean disruption will flip the architecture of energy and bring abundant, cheap and participatory energy.
Just like those previous technology disruptions, the Clean Disruption is inevitable and it will be swift.