BOOK REVIEW

Cover of Reclaiming Development by Ha-Joon Chang and Ilene Grabel

Reclaiming Development by Ha-Joon Chang & Ilene Grabel: A Smarter Path for the Global South

For decades, international organizations and powerful nations have told developing countries that there’s only one way to grow: open up your markets, shrink your governments, follow the rules of the global economy — and prosperity will follow. But what if those rules are rigged? And what if the “one-size-fits-all” model doesn’t actually fit anyone?In Reclaiming

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Cover of Phishing for Phools by Akerlof and Shiller

Phishing for Phools by George Akerlof & Robert J. Shiller: How Markets Exploit Us — and Why We Let Them

If you think markets are always rational, transparent, and serve the public good — think again. In Phishing for Phools: The Economics of Manipulation and Deception, Nobel Prize-winning economists George Akerlof and Robert Shiller present a powerful, unsettling argument: in free markets, manipulation isn’t a bug — it’s a feature.With their trademark blend of rigorous

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Book cover of Narrative Economics by Robert J. Shiller

Narrative Economics by Robert J. Shiller: Why Stories Move Markets More Than Data

What if the real drivers of economic booms and busts weren’t just interest rates, inflation data, or policy decisions — but the stories people believe?In Narrative Economics, Nobel laureate Robert J. Shiller flips traditional economics on its head. He argues that to truly understand the economy, we must look beyond the numbers and into the

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Book cover of Masters of the Word by William J. Bernstein

Masters of the Word by William J. Bernstein: How Media Has Always Moved Markets

In the world of finance, we like to believe that fundamentals — earnings, interest rates, productivity — drive outcomes. But as any seasoned investor knows, perception often matters more than reality. That’s where Masters of the Word comes in.In this sweeping historical narrative, William J. Bernstein, author of acclaimed finance classics like The Four Pillars

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Cover image of the book Market Volatility by Robert J. Shiller

Market Volatility by Robert J. Shiller: A Deep Dive into the Market’s Mood Swings

If you’ve ever stared at a stock chart and wondered why prices swing so wildly — often without any clear news or fundamental reason — you’re not alone. In Market Volatility, Robert J. Shiller tackles that exact mystery. It’s a foundational work that asks one bold question: Are markets as rational as we think?Originally published

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Cover of the book Kicking Away the Ladder by Ha-Joon Chang

Kicking Away the Ladder by Ha-Joon Chang: How Rich Countries Rewrite the Rules of Growth

Ever wonder how the richest nations became rich — and why they seem to discourage the very same tactics for others? Kicking Away the Ladder is Ha-Joon Chang’s explosive answer to that puzzle, and it turns conventional wisdom about development economics on its head.In this rigorous yet accessible book, Chang argues that many of today’s

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Cover of the book Irrational Exuberance by Robert Shiller

Irrational Exuberance by Robert Shiller: A Must-Read for the Thoughtful Amateur Investor

If you’re new to investing and eager to make smart decisions, you’ve likely read headlines, scrolled through forums, or followed “expert” predictions telling you where the market is headed. But amid all that noise, few resources will provide the clarity and caution of Robert J. Shiller’s Irrational Exuberance.This isn’t a typical investment book filled with

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Cover of the book Globalization, Economic Development and the Role of the State by Ha-Joon Chang

Globalization, Economic Development and the Role of the State by Ha-Joon Chang: A Case for Rethinking the Global Rules

In a world where “globalization” is often treated as destiny, and “the market” as the ultimate problem-solver, Globalization, Economic Development and the Role of the State offers a sharp and necessary counterpoint. In this influential volume, Ha-Joon Chang assembles a series of essays that question the ideological foundations of modern economic policy and argue for

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