Here are some books that are on the list to read this holiday. There is a mix of some new, some old and some rowing. Thanks to Leith Menzies for the rowing books:
Mind over water: lessons on life from the art of rowing – I am told that this book is a combination of rowing and life lessons. Rowers will recognise the technical side of things but the book does address the aspects of our world whatever challenge you set yourself.
The Kiwi Pair – Another rowing book following the double olympic champions and numerous world champions Hamish Bond and Eric Murray. Very different personalities and also interesting to read how coaches got the best out of them – a lot of psychology in achieving consistent elite performance.
Narconomics – I’ve had this book for awhile – like 3 years and it has been lent to numerous students who have said it is very good. Tom Wainwright – who was Central American correspondent for The Economist – argues that most successful drug cartels operate like Wal-Mart in that they have a virtual monopoly on the product at the source of supply.
The Economists’ Hour – A recent publication that how economists who believed in the power and the glory of free markets transformed the business of government, the conduct of business and, as a result, the patterns of everyday life. It explains how globalisation failed to deliver on its central promise of increased prosperity.
Messengers – The review in The Economist got my attention. With the amount of information available to people these days why is it that self-confident people are believed over experts in their field. Stephen Martin and Joseph Marks look at variables such as appearance and financial status that influence our trust in these people.
Licence to be bad – Modern economics dismisses ethics in favour of a narrow focus on self-interest – they have applied the same reasoning in the law courts, leading to the doctrine that bargaining by parties achieves the optimal outcome. However it doesn’t favour behavioural economics which suggests that we are not calculating machines.
You may have seen this before but the Financial Times is offering free access to schools. As long as teachers and students have an email associated with your school internet address, you can also create your own personal FT account, download the app and use the service on mobile/from home. Click the link below for more information and to register:
Will Self called John Lanchester’s previous book on money and banking – the bestselling ‘Whoops!’ – as ‘the routemap to the crazed world of contemporary finance we’ve all been waiting for’. If ‘Whoops!’ was the routemap, then his new book ‘How to Speak Money’ is the phrasebook. It shows you that it’s possible to learn to speak the language of money. Possible, desirable and perhaps even necessary if we’re to avoid feelings of complete helplessness and bafflement when confronted with the big financial forces that shape our lives.
Welcome to the third issue of Marginal Utility – a student magazine from the King’s College Economics Department. Included in this issue you will find a
P2. A CAPITAL GAINS TAX IN NEW ZEALAND? Frank Dunne
P3-4. THE IMPACT OF THE DAIRY SECTOR ON THE NEW ZEALAND ECONOMY Mackenzie Muir
P5.THE HOUSING INDUSTRY IN NEW ZEALAND – Shaan Kesha
P6. LONG-TERM UNEMPLOYMENT – PROSPECTS FOR YOUTH – Amanda Ngo
P7.THE OFFICIAL CASH RATE – WHAT YOU NEED TO KNOW – William Eddowes
P8. POPULATION GROWTH IN NEW ZEALAND – Josh Parker
P9-10. BITCOIN: ITS COMPLEXITIES, CONTRADICTIONS, AND FUTURE – Martin Luk
P11.THE ECONOMICS OF HAPPINESS – Carlos McCoy
P12. THE TRADE OFF FOR AUSTRALIAN CONSUMERS DUE TO PROTECTIONISM – David Fontein
P13-14. GAME THEORY – ATHLETES, ORGANISERS AND SUPPORTERS – Mark Johnston
P15. BOOK REVIEW – ECONOMIX – Warren Baas
P 16. ECONOMICS QUIZ
The Economists’ Club is the consummate forum for the world’s most prominent economists, business leaders, and policymakers to discuss and debate today’s most hotly contested economic issues – from China’s mercantilism and the pursuit of fiscal austerity to the intricacies of financial markets and the future of the dollar and the euro – in a non-technical way.