About the Book
Oil prices go up, the stock market goes down. Currency exchange rates fluctuate, the Chinese economy is booming, and new technologies are changing the way we do business. What if you could look behind the headlines of the global economy, to see how it really works? Instead of listening to pundits, politicians, and protestors, you could see first-hand how everyone from migrant workers to central bank governors live their lives.
Now you can. Having chosen June 15, 2005, as the focal point for his book, Altman contacted dozens of people from all corners of the world and all levels of the economy, from factory workers and currency traders to CEOs and entrepreneurs, asking them for first-person narratives of their activities on that one day. Starting with their stories and keying his chapters to the headlines of the day, Altman takes on pressing questions in new ways: Can poor countries become rich too quickly? Can corruption ever be a good thing? Do companies need crises in order to stay competitive? What determines the global economic pecking order? Along the way, you'll find quick guides to the fundamental markets that link the global economy together: stocks, credit, currencies, and oil.
Most importantly, you'll learn how the billions of decisions taken by individuals can and do change the future. This book is part travel guide, part owner's manual - an essential road map for every citizen of the global economy in the 21st century.
About the Author :
Daniel Altman received his PhD in economics from Harvard and went on to advise the British Government on immigration, crime and drug regulation. He has written for the Economist and the New York Times, where he was among the youngest ever members of the editorial board, and is now a columnist for the International Herald Tribune . He splits his time between Buenos Aires, New York and Hong Kong. He is the author of Neoconomy: George Bush's Revolutionary Gamble with America's Future, as well as Connected: 24 Hours in the Global Economy.
Review :
"Instead of the usual heavy and indigestible fare, Daniel Altman cleverly serves bite-sized, tasty portions of economic insight that will leave readers hungry for more."--Sylvia Nasar, author of "A Beautiful Mind
""Altman's easy narration, merged with a few well-researched anecdotes, can offer that winning combination sought by all writers of popular economics, a succinct overview of the well-known with an original, intellectually stimulating point."--Mario Pisani, "Financial Times""Altman gives us a revealing view from the trenches."--"Time"
"Clever . . . [Altman] eschews straightforward narrative, favoring zoom-in, zoom-out impressions and lengthy quotations from a kaleidoscope of people."--Stephen Kotkin, "The New York Times"
"There is a flood of books on globalization, ranging from the bad to the good. To say something new seems beyond anyone's ability. Yet Daniel Altman succeeds in doing just that. He makes the subject come alive, as only a gifted journalist can, by telling us in-depth stories. Buy, read, and enjoy while getting instructed."--Jagdish Bhagwati, University Professor, Columbia University, and author of "In Defense of Globalization
""Instead of the usual heavy and indigestible fare, Daniel Altman cleverly serves bite-sized, tasty portions of economic insight that will leave readers hungry for more."--Sylvia Nasar, author of "A Beautiful Mind"
"Altman's book offers a Wall-Street-smart and yet deeply intellectual understanding of our amazingly complex and dynamic world economy. He gives the reader a revealing perspective by viewing the economy at various magnifications, from little vignettes of individuals' experiences on a single day to grand observations on how it all works together." --Robert Shiller, Professor of Economics and Finance, Yale University; Chief Economist, MacroMarkets LLC; and author of "Irrational Exuberance""" "Instead of the usual heavy and indigestible fare, Daniel Altman cleverly serves bite-size, tasty portions of economic insight that will leave readers hungry for more." --Sylvia Nasar, author, "A Beautiful Mind "
"There is a flood of books on Globalization, ranging from the bad to the good. To say something new seems beyond anyone's ability. Yet Dan Altman succeeds in doing just that. He makes the subject come alive, as only a gifted journalist can, by telling us in depth stories such as that of East Timor's struggles with new riches which illuminates the controversy that divides technocarts who want to push aid flows dramatically and the equally committed internationalists who worry about absorptive capacity. Buy, read and enjoy while getting instructed." --Jagdish Bhagwati, University Professor, Columbia University, and author of "In Defense ofGlobalization"
" Altman's book offers a Wall-Street-smart and yet deeply intellectual understanding of our amazingly complex and dynamic world economy. He gives the reader a revealing perspective by viewing the economy at various magnifications, from little vignettes of individuals' experiences on a single day to grand observations on how it all works together." -- Robert Shiller, Professor of Economics and Finance, Yale University; Chief Economist, MacroMarkets LLC; and author of "Irrational Exuberance""" " Instead of the usual heavy and indigestible fare, Daniel Altman cleverly serves bite-size, tasty portions of economic insight that will leave readers hungry for more." -- Sylvia Nasar, author, "A Beautiful Mind "
" There is a flood of books on Globalization, ranging from the bad to the good. To say something new seems beyond anyone's ability. Yet Dan Altman succeeds in doing just that. He makes the subject come alive, as only a gifted journalist can, by telling us in depth stories such as that of East Timor's struggles with new riches which illuminates the controversy that divides technocarts who want to push aid flows dramatically and the equally committed internationalists who worry about absorptive capacity. Buy, read and enjoy while getting instructed." -- Jagdish Bhagwati, University Professor, Columbia University, and author of "In Defense of Globalization"
"Altman's book offers a Wall-Street-smart and yet deeply intellectual understanding of our amazingly complex and dynamic world economy. He gives the reader a revealing perspective by viewing the economy at various magnifications, from little vignettes of individuals' experiences on a single day to grand observations on how it all works together." --Robert Shiller, Professor of Economics and Finance, Yale University; Chief Economist, MacroMarkets LLC; and author of "Irrational Exuberance""" "Instead of the usual heavy and indigestible fare, Daniel Altman cleverly serves bite-size, tasty portions of economic insight that will leave readers hungry for more." --Sylvia Nasar, author, "A Beautiful Mind"
"There is a flood of books on Globalization, ranging from the bad to the good. To say something new seems beyond anyone's ability. Yet Dan Altman succeeds in doing just that. He makes the subject come alive, as only a gifted journalist can, by telling us in depth stories such as that of East Timor's struggles with new riches which illuminates the controversy that divides technocarts who want to push aid flows dramatically and the equally committed internationalists who worry about absorptive capacity. Buy, read and enjoy while getting instructed." --Jagdish Bhagwati, University Professor, Columbia University, and author of "In Defense of Globalization"
