The Way of Wealth "Economics" Books 【A full set of 4 books】

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Good book recommendation: Knowledge is the most precious asset. Not every book is worth reading, but the books that are helpful to you must be valuable books.

Good Economics for Hard Times

The author of "The Essence of Poverty" and the winner of the Nobel Prize in Economics in 2019 provide an in-depth analysis of how to face the core challenges of the current world and jointly cope with the 2020 Black Swan.

What is the real reason for economic growth? Will the world usher in another economic crisis? Can every public enjoy the fruits of development? Why is globalization falling into a predicament step by step? Will immigration lead to a decline in employment and wages? The Nobel Prize winner has an in-depth analysis of how to correctly use economics to solve the difficult problems of today's world.

Thomas Piketty, author of "21st Century Capital", professor at the Paris School of Economics, Nobel laureate in economics Robert Solo, professor at Harvard University Cass Sunstein,

  • "Why the Country Fails" author Deron Asimoglu, University of Chicago professor Ragulamai Rajan, etc. jointly recommended

  • Why does the impact of immigration on the economy not follow the law of supply and demand?

  • Why does trade lead to rising unemployment and falling wages?

  • Who ever really explained the reasons for the growth and when it happened?

From New Delhi to Dakar, from Paris to Washington, D.C., immigration issues, income gaps, globalization difficulties, technological disruption, slowing economic growth, and accelerating climate change can be seen everywhere. How to properly handle these issues may be our time. Core challenge. We already have the resources to deal with these challenges, but we lack the concepts that can help us resolve differences and rebuild mutual trust, and we often misuse economics.

In this revolutionary book, Banerjee and Duflo, winners of the 2019 Nobel Prize in Economics and well-known MIT economists, face the above challenges, expounding cutting-edge research in the field of economics with clear and elegant brushwork. As a result, many innovative and enlightening solutions were put forward, and convincing reasons explained what wise measures we should take to deal with urgent challenges such as economic growth, immigration, and poverty.

Thinking fast and slow

'A lifetime's worth of wisdom' Steven D. Levitt, co-author of Freakonomics'There have been many good books on human rationality and irrationality, but only one masterpiece. That masterpiece is Thinking, Fast and Slow' Financial Times

1. The combination of subject matter and hot spot has a good market prospect. The author elaborated on the connotation of "think fast and slow thinking" for readers in a concise and intuitive form with both pictures and texts; and explained his theory in detail through vivid cases. It is very attractive and persuasive for young people in today's market economy.

2. From best-selling to long-term sales, the quality can stand the test of time. Since the book was first published in May 2014, it has been published in two editions and two printings within 5 years, which fully demonstrates that it is different from short-term best-selling success studies or inspirational books, but is a masterpiece with depth and content that can stand the test of time.

3. The republished book is more in line with the aesthetics and needs of the contemporary public. This reprint has been revised in detail to correct some of the less rigorous aspects of the previous book; and on this basis, the binding design has been redesigned to make it more beautiful and easy to read, and more in line with the aesthetic taste and needs of today's readers.
The phenomenal international bestseller-2 million copies sold-that will change the way you make decisions.

Why is there more chance we'll believe something if it's in a bold type face? Why are judges more likely to deny parole before lunch? Why do we assume a good-looking person will be more competent? The answer lies in the two ways we make choices: fast, intuitive thinking, and slow, rational thinking. This book reveals how our minds are tripped up by error and prejudice (even when we think we are being logical), and gives you practical techniques for slower, smarter thinking. It will enable to you make better decisions at work, at home, and in everything you do.

From zero to one trade economy business management

Introduction"From 0 to 1" author Peter Thiel (Peter Thiel) is a well-known entrepreneur and investor in Silicon Valley.

He founded Paypal in 1998 and served as CEO. In 2004, he invested in Facebook. In the same year, he founded Palantir, a company that serves data analysis in the national security and financial fields. He is also an investor in hundreds of companies including Yelp, Linkedin, SpaceX, and Airbnb. 

13 Reverse Thinking Viewpoints in the Venture Capital Bible "From 0 to 1"

In this book, Peter Thiel puts forward that "capitalism and competition are opposed to each other", "competition has become an ideology, distorting our thinking mode", "beginning silly and unsaved", ""products can speak "It's a lie", "Superb sales promotion skills can create monopoly by itself" and a series of subversive views of reverse thinking, which are in line with the previous thoughts of "competition encourages innovation", "monopoly is the root of all evil", and "starting a business It is not important, you can try and error frequently", "Focus on the product, sales promotion is not important" and so on. Concepts are quite different.

  • 1.Capitalism itself is opposed to competition, and monopolists can accumulate capital and see long-term
  • 2. Competition has become an ideology, distorting our thinking mode
  • 3. Four characteristics of an innovative monopolist: patented technology, network effects, economies of scale, and brand advantage

  • 4. The 3 steps to becoming a monopolist: monopolize a small market from the beginning; expand in volume; do not pursue destructive innovation

  • 5. The horror curse of "Till's Law": the start is confused and unsaved
  • 6. "Products can speak" is a lie. Superb sales promotion skills can create monopoly by themselves
  • 7. The key to viral growth is to encourage users to invite friends to join. The faster the process, the better
  • 8. The work of each person in the company must be clearly separated, and internal fighting is comparable to AIDS
  • 9. Good companies in the future focus on the combination of man and machine instead of excluding people
  • 10. 7 questions that must be considered when starting a company
  • 11. About the founding team: Only extraordinary people can do extraordinary things
  • 12. Startups are like sects or even gangs
  • 13. On the sensitive topic of CEO salary

Poor Economics

Why do poor people buy TV if they can’t eat enough?

Why don't children of poor people love to learn even when they go to school?
The author of the following book has spent 15 years in the 18 countries and regions with the highest concentration of poor people to explore the true root of poverty. The author pointed out that the reason why it is difficult for people to get rid of poverty is that people do not have a deep understanding of poverty, and good steel is not used on the blade.

The book "The Essence of Poverty" reveals the economic life of the poor and shows us the rich economic principles contained in it. The theories in this book help us understand what the poor can achieve, where they need some help, and why they need such help.

The book also tells us that even when the task seems extremely difficult, we still have to dare to persist, success is not always as far away as it seems.
1. Poor people 'think'

2.The plight of the poor
Dilemma one: lack of knowledge
Dilemma 2: Facing a challenge to willpower
Dilemma 3: Lack of ability to deal with risks
Dilemma 4: Distorted view of education
Dilemma 5: longing for stability

3.Poverty, not only because there is no money

4.How to fight poverty

When you understand the quality of poverty and improve the habits of poverty, you will find that you are no longer in poverty, but gradually embarking on the principle of wealth

There are more detailed explanations in the book, so I won't introduce them too much here.

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