Economy and Trading Books

Our former Secretary of State Dr. Henry Kissinger has it right: This book is a really compelling reality check for America. I have read a lot of books about Globalization, but this is one of its own kind. Why? Course the author is not satisfied with simple answers or populist doomsday scenarios. He delivers a lot of reporting on the ground from all the hot places - Kabul, Shanghai, New-Delphi and others. And he delivers options for our tomorrows life and one of his option is really outstanding: The United States of the West. I don't know whether its realistic or not, but it seemed to be fascinating to bundle the whole power of the Western nations. May be the new administration in the White House should read this book. You know what: I will send one copy to the new President who ever will win.

I am currently researching NATO's history, so I was immediately intrigued when I heard about Gabor Steingart's ideas on an "economic NATO" - a stronger partnership between Europe and the US intended to grapple with the challenges posed by emerging economic powerhouses such as China and India and the new forms of authoritarian democracy they propagate. I would not agree with all the conclusions of his book -- overall, I am more optimistic that future giants such as China will ultimately come to the conclusion that increasingly playing by the rules is in their best interest, and that current giants like the US will manage to remain competitive, just as they did when confronted by another economic threat from Asia, Japan, in the 1980s. However, Steingart presents an inspiring and thought-provoking case for the need for stronger transatlantic cooperation: he mixes compelling reporting from all over the world with sharp and concise analysis. The far-reaching interview with Prof. Samuelson at the end of the book is big plus, too.

I particularly liked, though, that Steingart does not hesitate to develop a real vision for the partnership between Europe and the US. In the conclusion, he refers to John F. Kennedy's Philadelphia speech from 1962 and his often overlooked ideas on a transatlantic cooperation beyond NATO. Given the roadblocks even minor agreements seem to encounter, it might be overly optimistic to hope for really closer ties anytime soon -- but any outline of a vision for the future is badly needed in the current debates on the relationship between Europe and the US. That is because, unfortunately, far too many people on both sides of the Atlantic seem to consider the "special relationship" a thing of the past rather than the huge field of opportunity it actually is

Gabor Steingart not only takes the incredibly complex issue of globalization and puts it into terms we can all recognize and understand, but he then dares to go where many authors fear to tread: he offers solutions. For anyone seriously interested in the future of America, it's a real page-turner. Kris Kline, co-author Estados Unidos/United States

Gabor Steingart's book, the War for Wealth, offers a compelling and frightening assessment on the global balance of power and how it is changing. Steingart shows that while the US, Europe and other liberal democratic countries have enjoyed preeminent economic status and a high quality of life, the rise of China and India and other developing nations are emerging as very real and serious threats. He offers a wealth of informed and insightful commentary on the nature of these threats and what can be done to counteract them. This book is essential reading to anyone interested in understanding the way in which the global balance of power is shifting and how we can respond.

Modern technology and the internet have made securities trading available 24 hours a day, every day, around the world. The three biggest securities markets (Tokyo, New York, London) trade world securities with one market closed and another open all around the clock. This has proved both a boon and bane to individual investors and has increased the problems of insider trading in recent years. Insider Trading And The Twenty-Four Hour Securities Market discusses the problems of transnational insider trading, legal systems traders can employ to avoid sanctions for a particular country, and whether or not the global financial community should prohibit insider trading. Shen-Shen Lu concludes by offer a proposal to resolve transnational insider trading problems that is both thoughtful and persuasive. Insider Trading And The Twenty-Four Hour Securities Market is "must" reading for investors, fund managers, policy makers, financial community authorities, and regulatory staff.

This is an amazing book. I could not put it down. If you are going to read only one book on trading Blocs....make it this one. Well written with a unique prose style and an easy to read font, it will make you laugh, it will make you cry, but most it will touch you in a way that few economics books can. It truly is an enjoyable read, and will make you an expert on the subject at hand. Get it, read it, and use the knowledge wisely. It makes a great gift for those avid readers in the family, don't let the title fool you, this is a great book.