Stealth Of Nations

Dozens of laid-off San Franciscans, working without any licenses, use Twitter to sell home-cooked foods. Scores of major multinationals sell products through unregistered kiosks and street vendors around the world. hen we think of the informal economy, we tend to think of crime- prostitution, drugs, pirated DVDs. In Stealth of Nations, Robert Neuwirth opens up this underground realm, explaining that the worldwide informal economy deals mostly in legal products and is, in fact, a $10 trillion industry, making it the second-largest economy in the world, after that of the United States. aving penetrated a closed world and persuaded its inhabitants to open up to him, Neuwirth makes clear that this informal method of transaction dates back as far as humans have existed and traded; that it provides essential services and crucial employment that fill the gaps in formal systems; and that this unregulated market works like a well-oiled machine with its own codes and unwritten rules. ombining a vivid travelogue with a firm grasp of global economic strategy along with a healthy dose of irreverence and skepticism toward the conventional Neuwirth gives us an eye-opening account of

About the Author :
Robert Neuwirth is the author of "Shadow Cities: A Billion Squatters, a New Urban World." He has received a research and writing grant from the John D. & Catherine T. MacArthur Foundation, appears nationally and internationally as a speaker and on radio, and has written for "The New York Times, The Washington Post, Dwell, Fortune, The Nation, "and "Wired, "among many other publications. He lives in Brooklyn.

Review :
""Stealth of Nations" is the most exciting shopping trip I've ever been on. I thought I knew what 'the economy' is, but I had no idea until Neuwirth filled me in." --Barbara Ehrenreich, author of "Nickel and Dimed " "Herein, an intrepid journalist examines the real world of wealth creation at the very bottom of the pyramid, where it matters most. The rest of economics will have to adjust accordingly." --Stewart Brand, author of "Whole Earth Discipline" "We are just beginning to understand that today's advanced global economy rises along with a proliferation of informal economies. Nobody can document this better than the world-traveling journalist Robert Neuwirth. This is a must-read book." --Saskia Sassen, Robert S. Lynd Professor of Sociology, Columbia University, and author of "A Sociology of Globalization" "After reading this book you will realize that working in an office, a shop, or in a factory, earning a steady salary, paying taxes and having health insurance and a retirement account is an anomaly. Most of the world's workers operate in the informal sector and in this fascinating book Robert Neuwirth reveals how 'The Stealth Economy' works and what does it take to survive in it." --Moises Naim, author of "Illicit: How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy " "A vibrant picture of a growing sphere of trade that already employs half the workers of the world." --"Kirkus Reviews" ""Stealth of Nations" is the most exciting shopping trip I've ever been on. I thought I knew what 'the economy' is, but I had no idea until Neuwirth filled me in." --Barbara Ehrenreich, author of "Nickel and Dimed ""After reading this book you will realize that working in an office, a shop, or in a factory, earning a steady salary, paying taxes and having health insurance and a retirement account is an anomaly. Most of the world's workers operate in the informal sector and in this fascinating book Robert Neuwirth reveals how 'The Stealth Economy' works and what does it take to survive in it." --Moises Naim, author of "Illicit: How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy " "A vibrant picture of a growing sphere of trade that already employs half the workers of the world." --"Kirkus Reviews "