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Book Summary: Reimagining Capitalism in a World on Fire – How Business Can Save the World

Reimagining Capitalism in a World on Fire (2020) asks us to rethink the way our economic system functions if we’re to survive our current crises, like climate change, inequality, and authoritarian populism. In this guide to the future, Rebecca Henderson describes how we must instill purpose into our business ventures, so that they create shared …

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Book Summary: The Economics of Sustainable Food by Nicoletta Batini – Smart Policies for Health and the Planet

Public debate on climate change continues to focus intensely on the energy sector and how best to replace fossil fuels with renewable sources of energy. But there is a blind spot: Agriculture accounts for at least one-fifth and possibly more than two-thirds of the world’s greenhouse gas emissions, while livestock alone produces about 15% of …

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Book Summary: Your Money or Your Life by Vicki Robin and Joe Dominguez – 9 Steps to Achieving Financial Independence

Your Money or Your Life (1992) is a nine-step guide to taking control of your finances – so you can enjoy your life rather than just make a living. You’ll learn how to adjust your attitude toward your money and time, get out of debt, start saving, and ultimately reach Financial Independence.

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Make Payment Optimization a Part of Your Core Payment Strategy

Decrease Payment Processing Fees and Increase Your Sales Throughput While Being PCI Compliant. Getting locked in with a single Payment service provider (PSP) can lead to loss of flexibility, higher payment processing costs, lost sales due to false-positive declines, and loss of control over payments data – putting a strain on revenues. Fortunately, payment optimization …

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Book Summary: Applied Economics – Thinking Beyond Stage One by Thomas Sowell

This excellent, short, clear book should be part of everyone’s reference library, particularly those who wish to understand standard conservative economic thought. The distinctions author Thomas Sowell draws between political and economic logic should become a valuable part of each voter’s mental apparatus. Writing to educate the general reader, not to further instruct the sophisticated …

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Book Summary: Animal Spirits – How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism by George A. Akerlof and Robert J. Shiller

Nobel laureate George A. Akerlof and prescient Yale economics professor Robert J. Shiller explain the role of human psychology in markets. They say conventional economic theory assigns too much weight to the role of reason in economic decision making, and too little to the role of irrational emotional and psychological factors. That insight would have …

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