Stephen Kinsella
Associate Professor of Economics, Kemmy Business School @UL. Senior Fellow, @GovernmentUoM. Hub leader @rebuildmacro.
Book Recommendations:
Recommended by Stephen Kinsella
“@AlanReillyIRL @t0nyyates @WhelanKarl Yes! Fantastic book. So glad you're re-reading it.” (from X)
by Neil Postman, Andrew Postman·You?
by Neil Postman, Andrew Postman·You?
What happens when media and politics become forms of entertainment? As our world begins to look more and more like Orwell's 1984, Neil's Postman's essential guide to the modern media is more relevant than ever. "It's unlikely that Trump has ever read Amusing Ourselves to Death, but his ascent would not have surprised Postman.” -CNN Originally published in 1985, Neil Postman’s groundbreaking polemic about the corrosive effects of television on our politics and public discourse has been hailed as a twenty-first-century book published in the twentieth century. Now, with television joined by more sophisticated electronic media—from the Internet to cell phones to DVDs—it has taken on even greater significance. Amusing Ourselves to Death is a prophetic look at what happens when politics, journalism, education, and even religion become subject to the demands of entertainment. It is also a blueprint for regaining control of our media, so that they can serve our highest goals. “A brilliant, powerful, and important book. This is an indictment that Postman has laid down and, so far as I can see, an irrefutable one.” –Jonathan Yardley, The Washington Post Book World
Recommended by Stephen Kinsella
“Good Strategy/Bad Strategy, by Richard Rummelt. The kindle edition has thousands of highlights for the first 2 chapters, then almost none thereafter. I find that telling. This a great, non-bullshit book on a topic usually full of bullshit. https://t.co/2xyeoZ4e7R” (from X)
by Richard Rumelt·You?
by Richard Rumelt·You?
Good Strategy/Bad Strategy clarifies the muddled thinking underlying too many strategies and provides a clear way to create and implement a powerful action-oriented strategy for the real world. Developing and implementing a strategy is the central task of a leader. A good strategy is a specific and coherent response to—and approach for—overcoming the obstacles to progress. A good strategy works by harnessing and applying power where it will have the greatest effect. Yet, Rumelt shows that there has been a growing and unfortunate tendency to equate Mom-and-apple-pie values, fluffy packages of buzzwords, motivational slogans, and financial goals with “strategy.” In Good Strategy/Bad Strategy, he debunks these elements of “bad strategy” and awakens an understanding of the power of a “good strategy.” He introduces nine sources of power—ranging from using leverage to effectively focusing on growth—that are eye-opening yet pragmatic tools that can easily be put to work on Monday morning, and uses fascinating examples from business, nonprofit, and military affairs to bring its original and pragmatic ideas to life. The detailed examples range from Apple to General Motors, from the two Iraq wars to Afghanistan, from a small local market to Wal-Mart, from Nvidia to Silicon Graphics, from the Getty Trust to the Los Angeles Unified School District, from Cisco Systems to Paccar, and from Global Crossing to the 2007–08 financial crisis. Reflecting an astonishing grasp and integration of economics, finance, technology, history, and the brilliance and foibles of the human character, Good Strategy/Bad Strategy stems from Rumelt’s decades of digging beyond the superficial to address hard questions with honesty and integrity.
Recommended by Stephen Kinsella
“@gavreilly @SLSingh Love that book” (from X)
by Simon Singh·You?
Codes have decided the fates of empires, countries, and monarchies throughout recorded history. Mary, Queen of Scots was put to death by her cousin, Queen Elizabeth, for the high crime of treason after spymaster Sir Francis Walsingham cracked the secret code she used to communicate with her conspirators. And thus the course of British history was altered by a few sheets of cryptic prose. This is just one link in humankind's evolutionary chain of secret communication, and just one of the fascinating incidents recounted in The Code Book, written by bestselling author Simon Singh. Combining a superb storyteller's sense of drama and a scientist's appreciation for technical perfection, Singh traces the evolution of secret writing from ancient Greek military espionage to the frontiers of computer science. The result is an epic tale of human ingenuity, with examples that range from the poignant to the peculiar to the world-historical. There is the case of the Beale ciphers, which involves Wild West escapades, a cowboy who amassed a vast fortune, a buried treasure worth $20 million, and a mysterious set of encrypted papers describing its whereabouts--papers that have baffled generations of cryptanalysts and captivated hundreds of treasure hunters. A speedier end to a bloody war was the only reward that could be promised to the Allied code breakers of World Wars I and II, whose selfless contributions altered the course of history; but few of them lived to receive any credit for their top-secret accomplishments. Among the most moving of these stories is that of the World War II British code breaker Alan Turing, who gave up a brilliant career in mathematics to devote himself to the Allied cause, only to end his years punished by the state for his homosexuality, while his heroism was ignored. No less heroic were the Navajo code talkers, who volunteered without hesitation to risk their lives for the Allied forces in the Japanese theater, where they were routinely mistaken for the enemy. Interspersed with these gripping stories are clear mathematical, linguistic, and technological demonstrations of codes, as well as illustrations of the remarkable personalities--many courageous, some villainous, and all obsessive--who wrote and broke them. All roads lead to the present day, in which the possibility of a truly unbreakable code looms large. Singh explores this possibility, and the ramifications of our increasing need for privacy, even as it begins to chafe against the stated mission of the powerful and deeply secretive National Security Agency. Entertaining, compelling, and remarkably far-reaching, this is a book that will forever alter your view of history, what drives it, and how private that e-mail you just sent really is. Included in the book is a worldwide Cipher Challenge--a $15,000 award will be given by the author to the first reader who cracks the code successfully. Progress toward the solution will be tracked on The Code Book website.
Recommended by Stephen Kinsella
“Just finished my review copy of Michael O’Sullivan’s The Levelling. It is going to be a must-read. Reviewing it this week for the newspaper. When it’s for sale I’ll tweet out the link. Fantastic book. https://t.co/mYUkaxGAIS” (from X)
by Michael O'Sullivan·You?
by Michael O'Sullivan·You?
A brilliant analysis of the transition in world economics, finance, and power as the era of globalization ends and gives way to new power centers and institutions. The world is at a turning point similar to the fall of communism. Then, many focused on the collapse itself, and failed to see that a bigger trend, globalization, was about to take hold. The benefits of globalization--through the freer flow of money, people, ideas, and trade--have been many. But rather than a world that is flat, what has emerged is one of jagged peaks and rough, deep valleys characterized by wealth inequality, indebtedness, political recession, and imbalances across the world's economies. These peaks and valleys are undergoing what Michael O'Sullivan calls "the levelling"--a major transition in world economics, finance, and power. What's next is a levelling-out of wealth between poor and rich countries, of power between nations and regions, of political accountability from elites to the people, and of institutional power away from central banks and defunct twentieth-century institutions such as the WTO and the IMF. O'Sullivan then moves to ways we can develop new, pragmatic solutions to such critical problems as political discontent, stunted economic growth, the productive functioning of finance, and political-economic structures that serve broader needs. The Levelling comes at a crucial time in the rise and fall of nations. It has special importance for the US as its place in the world undergoes radical change--the ebbing of influence, profound questions over its economic model, societal decay, and the turmoil of public life.