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LÖSEV ; Hold My Hand :)
www.losev.org.tr
Modern China by Rana Mitter
Oxford University Press has a series of short introductions to over 200 different subjects, from Globalization to Foucault and from Shakespeare to Nothing. Well-written, compact, light-weight, and affordable, these books are the perfect starting point to any topic – and this edition is a great and concise introduction to Modern China; especially since it’s been written by the acclaimed Rana Mitter.
Neslin; The Wisdom of Finance by Mihir Desai.
This is a slightly quirky book, which I really enjoyed reading. It’s about getting over some messages about financial markets using stories. The idea of storytelling and economics is gaining ground. Robert Shiller, the Nobel Prize winner, is doing a book now about narratives. I think this is partly because economists have come to realise, in the past few years, that the way we talk to people analytically doesn’t resonate with many of them. Almost all economists said Brexit was going to be really bad for the economy and that message didn’t get through at all. It didn’t speak to people.
So, for a number of reasons, I think this idea of narrative has become more salient. This is just a very nice book that uses different kinds of stories to make points to students. It started as a lecture course—a single lecture even—just to make some points to students about how the financial markets operate and how people who work in them ought to behave. So it’s a somewhat moralistic book as well—about doing good finance and not bad finance….
Mert; Global Crisis … Joseph E. Stiglitz
Immediately following the economic crisis starting in 2008, the International Monetary system expert convened a work Commission consisting of twenty renowned economists, led by the President of the United Nations General Assembly. The Commission, which was chaired by Nobel laureate economist Joseph E. Stiglitz, examined the crisis and the impact of the crisis on development.
The Commission published a document called the Stiglitz report in late 2009. This report has seen the financial crisis, a series of closely connected crises – food, water, energy and sustainable development crises–the latest and most damaging ring. The report includes comprehensive and targeted proposals and assessments ranging from short-term measures to deep structural changes, response to crises, and radical reforms globally across economic and financial structures. This report offers important solution proposals for the creation of both national and international economic policies and the coordination of national policies at an international level. We believe that this book, which is a source of application for economists who want to understand the economic crisis, should read that everyone desires a world of safe and prosperous.
Praise for Joseph E. Stihlitz:
“He is the only expert who has been justified in all his theses about the financial crisis.” Newsweek
“One of the most important economists of Modern times.” Nicolas Stern, World Bank chief economist and Vice President
“While the view of the world economy goes bad, economists like Professor Stiglitz need to announce their voices more.” The Guardian
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