"A compelling explanation of the deep-seated mechanisms at work in the international credit system" from the coauthor of Debt, the IMF, and the World Bank ( Counterfire).For as long as there have been rich nations and poor nations, debt has been a powerful force for maintaining the unequal relations between them. Treated as sacrosanct, immutable, and eternally binding, it has become the yoke of choice for imperial powers in the post-colonial world ...

‘Superior … A broad-ranging guide that explains the global power structure over the last eight decades’ Carlos Marichal, El Colegio de México‘Covering the history of the Bank from its early days as a prop to European colonialism through the Rwandan genocide, the Washington Consensus and the Iraq war, Toussaint argues that the Bank is incorrigible and should be abolished. Read and judge for yourselves’ James K. Galbraith, author, Welcome to the ...

As the financial crisis continues to shake the economy it has begun to expose cracks in the ideology long used to justify neoliberal policies. This informed and accessible primer drives a wedge into these cracks, allowing the non-expert to understand the flaws in the economic philosophy of the 1%.

Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. In...

Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to th...

Using 50 questions and answers, this book explains the debt impasse for developing countries in a simple but precise manner. It details the roles of the various actors involved, the mesh in which indebted countries are caught, the possible scenarios for getting out of the impasse, and the various alternatives to future indebtedness. It also sets out the various arguments - moral, political, economic, legal and environmental - on which the case for a wholesale cancellation of developing cou...

A six-month New York Times bestseller: "Not only the best Watergate book, but a very good book indeed" ( The Sunday Times).As White House counsel to Richard Nixon, a young John W. Dean was one of the primary players in the Watergate scandal—and ultimately became the government's key witness in the investigations that ended the Nixon presidency. After the scandal subsided, Dean rebuilt his career, first in business and then as a bestsellin...

An investigator tells the inside story of the 1980s savings-and-loan scandal and what we can do today to prevent future frauds: "Merits a wide readership." — Journal of Economic IssuesIn this expert insider's account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs—in collusion with those who have regulatory oversight of their industries—use to defraud companies for their personal gain. Recounti...

"Consistently surprising… The Logic of Miracles breaks new ground in the relationship of probability, fate, and the ability of human beings to behold them."—Douglas Rushkoff, author of Team HumanWe live in a more turbulent world than we like to think. Yet the science we use to analyze economic, financial, and statistical events mostly disregards the world's essentially chaotic nature. We need to get used to the idea that wildly improbable events a...

The true story of a colorful and momentous 16th-century voyage, and of the Black mariner whose accomplishment was almost lost to history.It was a voyage of epic scope. In a Spanish plot to break Portugal's trade monopoly with the fabled Orient, four ships set sail from a hidden Mexican port. The smallest of them was guided by Black seaman Lope Martín, one of the most qualified pilots of the era. Mutiny, murderous encounters with Pacific islanders, and extreme physi...

Everything you want to know about the breakthroughs in AI technology, machine learning, and deep learning—as seen in self-driving cars, Netflix recommendations, and more.The future is here: Self-driving cars are on the streets, an algorithm gives you movie and TV recommendations, IBM’s Watson triumphed on Jeopardy over puny human brains, computer programs can be trained to play Atari games. But how do all these things work? In this book, Sean Gerrish offer...

The non-economist’s accessible, pocket-sized refresher on the basics of macroeconomics and how it affects local and global economies—from an academic economist and 2-time Chilean Finance Minister.Macroeconomics takes a broad perspective on the economy of a country or region; it studies economic changes in the aggregate, collecting data on production, unemployment, inflation, consumption, investment, trade, and other aspects of national and international economic li...