Here are 40 books that Unsustainable fans have personally recommended if you like
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In the early 2000s, I noticed that lots of good American jobs were being lost to China. I was taught in college economics that trade was always win-win and that the government should stay out of the economy. I started reading the literature and found a number of flaws with these free trade and extreme free-market doctrines. The flaws were there in plain sight, but US trade economists, with vanishingly few exceptions, were ignoring them. Not only were the costs to our economy and our workers enormous, but the frustration of American workers with 30 years of failed promises by both parties has made our politics angrier and more divisive.
This book makes the novel and, to me, fascinating case that the economy is an evolutionary system that is constantly changing, implying that the static equilibria of conventional trade models are not usefully predictive. It also made it clear to me, from a different perspective, that the industries in which a country succeeds are path-dependent.
If you are a mosquito, the next evolutionary mutation will not produce an elephant. Likewise, it is much easier to design and manufacture 3 nanometer-scale chips if you have already designed and manufactured 5 nanometer-scale chips. This drove home to me how important retaining the key industries of today is for our long-term prosperity.
Over 6.4 billion people participate in a $36.5 trillion global economy, designed and overseen by no one. How did this marvel of self-organized complexity evolve? How is wealth created within this system? And how can wealth be increased for the benefit of individuals, businesses, and society? In The Origin of Wealth, Eric D. Beinhocker argues that modern science provides a radical perspective on these age-old questions, with far-reaching implications. According to Beinhocker, wealth creation is the product of a simple but profoundly powerful evolutionary formula: differentiate, select, and amplify. In this view, the economy is a "complex adaptive system" in…
It is April 1st, 2038. Day 60 of China's blockade of the rebel island of Taiwan.
The US government has agreed to provide Taiwan with a weapons system so advanced that it can disrupt the balance of power in the region. But what pilot would be crazy enough to run…
In the early 2000s, I noticed that lots of good American jobs were being lost to China. I was taught in college economics that trade was always win-win and that the government should stay out of the economy. I started reading the literature and found a number of flaws with these free trade and extreme free-market doctrines. The flaws were there in plain sight, but US trade economists, with vanishingly few exceptions, were ignoring them. Not only were the costs to our economy and our workers enormous, but the frustration of American workers with 30 years of failed promises by both parties has made our politics angrier and more divisive.
I was excited to read this book, co-authored by a former president of the American Economic Association, because it proved using the same mathematical modeling that economists love, that trade is sometimes—often, in fact—win/lose.
Specifically, when a developed country like the US loses a large or high-value industry to another country, it loses more than it gains by being able to import the industry’s products at a lower cost. This encouraged me to dig further into the problems with US trade policy.
Ralph Gomory and William Baumol adapt classical trade models to the modern world economy.
In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's…
In the early 2000s, I noticed that lots of good American jobs were being lost to China. I was taught in college economics that trade was always win-win and that the government should stay out of the economy. I started reading the literature and found a number of flaws with these free trade and extreme free-market doctrines. The flaws were there in plain sight, but US trade economists, with vanishingly few exceptions, were ignoring them. Not only were the costs to our economy and our workers enormous, but the frustration of American workers with 30 years of failed promises by both parties has made our politics angrier and more divisive.
I loved this book because it helped me understand why the Washington Consensus policies of unchecked globalism, including free trade and unregulated markets, are inequitable and destabilizing. It convincingly explains why they have never been and never will be truly accepted by other countries.
Importantly, it helped me to understand how their application in the US has created the conditions that are causing its own incipient turn away from free trade and unregulated markets. Written with great clarity, it freed me to think more broadly about alternatives.
Hailed by Kirkus Reviews as both "a convincing analysis of an international economy headed for disaster" and a "powerful challenge to economic orthodoxy," False Dawn shows that the attempt to impose the Anglo-American-style free market on the world will create a disaster, possibly on the scale of Soviet communism. Even America, the supposed flagship of the new civilization, risks moral and social disintegration as it loses ground to other cultures that have never forgotten that the market works best when it is embedded in society. John Gray, well known in the 1980s as an important conservative political thinker, whose writings…
A Duke with rigid opinions, a Lady whose beliefs conflict with his, a long disputed parcel of land, a conniving neighbour, a desperate collaboration, a failure of trust, a love found despite it all.
Alexander Cavendish, Duke of Ravensworth, returned from war to find that his father and brother had…
In the early 2000s, I noticed that lots of good American jobs were being lost to China. I was taught in college economics that trade was always win-win and that the government should stay out of the economy. I started reading the literature and found a number of flaws with these free trade and extreme free-market doctrines. The flaws were there in plain sight, but US trade economists, with vanishingly few exceptions, were ignoring them. Not only were the costs to our economy and our workers enormous, but the frustration of American workers with 30 years of failed promises by both parties has made our politics angrier and more divisive.
When I was an investment banker in the 80s and early 90s, the prevailing mantra was that what was good for Wall Street was good for the country. Nevertheless, I wondered whether slicing and dicing mortgages into different classes of derivatives and selling them to other financial institutions actually added value to the real economy.
This book made it clear to me that it does not and shows how the overgrowth of the financial sector—rising from four to five percent of GDP in the 1970s to over eight percent in the 2000s—caused the Great Recession of 2008. This explosion of debt was used almost exclusively to buy existing assets, thus crowding out lending for plant, equipment, and research.
The Recession is over, but financialization, a powerful and independent factor undermining US industrial policy, continues unchecked.
"A well-told exploration of why our current economy is leaving too many behind." —The New York Times
In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum.
A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer…
I have been researching the changes in the workplace for 40 years now. The steady move over that time has been away from a situation where employers controlled the development of their “talent” and managed it carefully, especially for white-collar workers, toward arrangements that are much more arms-length where employees are on their own to develop their skills and manage their career. Most employees now see at least some management practices that just don’t make sense even for their own employer–casual approaches to hiring, using “leased employees” and contractors, who are paid more, to do the same work as employees, leaving vacancies open, and so forth.
Most experts now see 1981 as the key moment when the economy changed: jobs became much less secure, white-collar jobs no longer felt like insiders to the power structure, benefits and wages fell, and income inequality took off.
This book describes the process of moving toward more open-market arrangements in employment. It is largely an explanation driven by events within the US, ultimately political and “private policy” decisions driven by a different view on business obligations.
The economic boom of the 1990s veiled a grim reality: in addition to the growing gap between rich and poor, the gap between good and bad quality jobs was also expanding. The postwar prosperity of the mid-twentieth century had enabled millions of American workers to join the middle class, but as author Arne L. Kalleberg shows, by the 1970s this upward movement had slowed, in part due to the steady disappearance of secure, well-paying industrial jobs. Ever since, precarious employment has been on the rise―paying low wages, offering few benefits, and with virtually no long-term security. Today, the polarization between…
I am an author, editor, and former history teacher and curriculum writer with a special interest in Southern history, particularly the Confederate era. I have written and published two books on lesser-known aspects of the Confederacy, the civilian government (Confederate Cabinet Departments and Secretaries), and religious work in the Confederate armies (Christ in Camp andCombat: Religious Work in the Confederate Armies). I taught on various levels, from junior high through college, and have B.S. and M.S. degrees with post-graduate work in Southern history and religion.
Although the South was not considered an industrial power, depending as it did on a primarily agricultural economy, the necessities of the war forced it to move toward greater and various emphases on industries and manufacturing. The strides it made, especially given the strictures of war, including a manpower shortage and a shrinking geographical base, are truly remarkable.
By 1860 the South ranked high among the developed countries of the world in per capita income and life expectancy and in the number of railroad miles, telegraph lines, and institutions of higher learning. Only the major European powers and the North had more cotton and woolen spindles. This book examines the Confederate military's program to govern this prosperous industrial base by a quartermaster system. By commandeering more than half the South's produced goods for the military, the quartermaster general, in a drift toward socialism, appropriated hundreds of mills and controlled the flow of southern factory commodities. The most controversial…
The Duke's Christmas Redemption
by
Arietta Richmond,
A Duke who has rejected love, a Lady who dreams of a love match, an arranged marriage, a house full of secrets, a most unneighborly neighbor, a plot to destroy reputations, an unexpected love that redeems it all.
Lady Charlotte Wyndham, given in an arranged marriage to a man she…
I am a Geography professor at DePaul University with a long-standing obsession with the world, comparing puddle shapes to countries as a small child and subsequently initiating map and flag collections that I cultivate to this day. Having lived in different parts of the UK and the USA, as well as being fortunate enough to travel further afield, I’ve relished the opportunity to explore widely and chat with the people who know their places best. I love books that alter how I look at the planet, and I am particularly intrigued by the subtle ways in which people have shaped our world—and our perceptions of it—both intentionally and inadvertently.
How often do we consider the people behind the objects we use every day?
This book offers an unrivalled glimpse into the lives of the female workers who manufacture many of the products we take for granted and, in so doing, provides a human face to China’s rapid development. Through her interactions and interviews, Chang illustrates how the emergence of new industrial metropolises is transforming the opportunities and aspirations of young rural women.
While she does not shy away from showing the grittier aspects of China’s colossal factories, crucially, Chang demonstrates how their workers are autonomous individuals with concerns and dreams both relatable and unfamiliar.
This stimulating read is one of my favourite texts to use with university students, raising, as it does, all sorts of questions about gender, class, culture, and individual agency, but it has much to offer a wider audience, too, not least in providing an important…
An eye-opening and previously untold story, Factory Girls is the first look into the everyday lives of the migrant factory population in China.
China has 130 million migrant workers—the largest migration in human history. In Factory Girls, Leslie T. Chang, a former correspondent for the Wall Street Journal in Beijing, tells the story of these workers primarily through the lives of two young women, whom she follows over the course of three years as they attempt to rise from the assembly lines of Dongguan, an industrial city in China’s Pearl River Delta.
I have always been fascinated by the magic that happens at the intersection of bits and atoms. Circuits, sensors, and algorithms, for better or worse, have permeated every part of our lives. It’s impossible to understand our environment now without understanding the subtle influence of the code that manages and monitors it.
With this textbook disguised as a novel, Goldratt tells a story that sneaks up on you, revealing how simple digital thinking—like tracking bottlenecks and using systems analysis—can revolutionize physical processes. It’s not just about manufacturing; it’s about seeing challenges as opportunities to improve again and again.
This is a story about inspiration and being ready to look at the world differently to make every process—from your own projects to global operations—run a little smoother.
*A Graphic Novel version of this title is now available: "The Goal: A Business Graphic Novel"
30th Anniversary Edition. Written in a fast-paced thriller style, The Goal, a gripping novel, is transforming management thinking throughout the world. It is a book to recommend to your friends in industry - even to your bosses - but not to your competitors. Alex Rogo is a harried plant manager working ever more desperately to try improve performance. His factory is rapidly heading for disaster. So is his marriage. He has ninety days to save his plant - or it will be closed by…
I traveled to Xinjiang Uyghur Autonomous Region in the summer of 2019, where I saw for myself many of the tools of surveillance and control that the Chinese Communist Party has used to turn the region into an open-air prison. Since returning to the United States, I have tried to draw attention to the Uyghur genocide through my published articles and through my book, Middle Country, where I tell the story of the Uyghur genocide by weaving facts, history, and analysis into a narrative account of the week I spent in Xinjiang. I hope that my book can make this profoundly complex and multifaceted issue more accessible to the average person.
In this book, Amelia Pang examines all aspects of China’s system of forced labor, which she explains has recently been deployed as a tool in the Uyghur genocide but has existed long before the genocide began. Importantly, she explains how Western consumers are complicit in Chinese forced labor through their choices to purchase the cheap goods that this system produces.
A Most-Anticipated Book of the Year: Newsweek * Refinery29 "Timely and urgent . . . Pang is a dogged investigator." --The New York Times
"Moving and powerful." --Chris Hedges, Pulitzer Prize-winning journalist and author
Discover the truth behind the discounts.
In 2012, an Oregon mother named Julie Keith opened up a package of Halloween decorations. The cheap foam headstones had been five dollars at Kmart, too good a deal to pass up. But when she opened the box, something shocking fell out: an SOS letter, handwritten in broken English. "Sir: If you occassionally buy this product, please kindly resend this…
This book follows the journey of a writer in search of wisdom as he narrates encounters with 12 distinguished American men over 80, including Paul Volcker, the former head of the Federal Reserve, and Denton Cooley, the world’s most famous heart surgeon.
In these and other intimate conversations, the book…
As a retail consultant and former executive, I work with retailers like Whole Foods, Best Buy, Tractor Supply, and others across the globe who want to transform and improve their business. Fundamentally, all retail is the same. But how that gets done can separate multi-billion dollar dynasties from “everything must go” banners. I help retailers prioritize their investments and create loyal shoppers. I would do this even if I wasn’t earning a living from it…I guess I'm a retail junkie. We are all shoppers and when people have a great retail experience, it really is memorable. I want more people to have that experience and more workers to feel proud of the work they do.
Dan Moe is a savvy former buyer and in this book he explains all of the analysis and decision points that good buyers consider. A great basic primer to help new buyers gain skills or experienced buyers hone their instincts. The examples throughout the book make every concept easy. And it’s a short read at ~140 pages.