Visar resultat för..."This Time is Different"

Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned.Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. An important book that will affect policy discussions for a long time to come, This Time Is Different exposes centuries of financial missteps.

'Essential reading to understand today's challenges'MERVYN KING'This extraordinary tour de force confirms Goodspeed as one of the most brilliant economic minds of his generation'NIALL FERGUSONWhat causes a recession? Do recessions end on their own, or do they require external intervention? Does a recession in one country mean the rest of the world will follow? Are we in a recession now?Economic expert Tyler Goodspeed answers these questions and many more in Recession, a groundbreaking new analysis of economic contractions over the last four centuries. Combining the historian's extensive primary source material and the economist's arsenal of statistical analysis, this book rewrites what we know about recessions. Contrary to popular perception, recessions are not the inevitable bust that follows an unsustainable boom, and they do not operate like wildfires that clear out economic deadwood. Recessions are caused by adverse shocks like war and energy price spikes, and far from unleashing gales of creative destruction, after a recession, economic growth typically resumes the same trend as before-all pain, no gain. While recessions have become less frequent over time, decisions made by businesses and governments can prolong recessions, and Goodspeed offers guidance to avoid making recessions worse. Issuing an important corrective to economic thinking, Recession is essential reading for high-level policymakers and armchair economists alike.

'Essential reading to understand today's challenges'MERVYN KING'This extraordinary tour de force confirms Goodspeed as one of the most brilliant economic minds of his generation'NIALL FERGUSONWhat causes a recession? Do recessions end on their own, or do they require external intervention? Does a recession in one country mean the rest of the world will follow? Are we in a recession now?Economic expert Tyler Goodspeed answers these questions and many more in Recession, a groundbreaking new analysis of economic contractions over the last four centuries. Combining the historian's extensive primary source material and the economist's arsenal of statistical analysis, this book rewrites what we know about recessions. Contrary to popular perception, recessions are not the inevitable bust that follows an unsustainable boom, and they do not operate like wildfires that clear out economic deadwood. Recessions are caused by adverse shocks like war and energy price spikes, and far from unleashing gales of creative destruction, after a recession, economic growth typically resumes the same trend as before-all pain, no gain. While recessions have become less frequent over time, decisions made by businesses and governments can prolong recessions, and Goodspeed offers guidance to avoid making recessions worse. Issuing an important corrective to economic thinking, Recession is essential reading for high-level policymakers and armchair economists alike.

'The game changing guitar legend gets the biography he deserves ... Diligently researched, perceptive and well-written.' 8/10, Classic Rock'An affectionate and unflinching portrait of metal guitar's Mount Everest.' MojoArriving in California as a young boy in the early 1960s, Edward Van Halen and his brother Alex were ripe for the coming musical revolution. The sons of a Dutch, saxophone-playing father, the brothers discovered the Beatles, Cream and others.From the moment their hugely influential 1978 debut landed, Van Halen set a high bar for the rock 'n' roll lifestyle, creating an entirely new style of post-'60s hard rock and becoming the quintessential Californian band of the 1980s. But there was also an undercurrent of tragedy to their story, as Eddie's struggles played out in public, from his difficult relationship with the band's original singer, Dave Lee Roth, to substance abuse, divorce and his long-running battle with cancer.With unique insights, Paul Brannigan's Eruption reaches beyond the headlines to explore the cultural and social contexts that shaped this iconic guitarist, while also turning up the dial on a life lived at volume eleven.

This book can READ YOUR MIND. I will just need you to think of something, but whatever you do, don’t think of anything SILLY. You know, like a pink elephant…When the page is turned, sure enough, a pink elephant appears! This hilarious interactive book plays on the idea that when you’re told NOT to think of something, somehow it is all you can think about.The book begins with a scientist switching on an incredible new invention – a mind-reading machine! All you need to do is look hard at the book and try to stay still. As he fiddles with the buttons, he tells you it will just need a moment or two to focus. He points out a dial that carefully monitors for any dangerous levels of silliness.After you accidentally make the pink elephant, then multiple pink elephants, appear, what if the scientist tells you not to think of the elephants on unicycles playing the tuba? Or wearing silly underpants?! Or something even ruder than that…?! As the book continues, and more and more silliness ensues, the scientist is distraught but there is plenty of fun in store for the reader.With bright, engaging illustrations and laughs galore, both children and adults will enjoy returning to this story again and again.‘Our 4yo’s response to this at story time involves much jumping around in giddy anticipation of the next page turn.’  – parent review

**WINNER OF THE BOOKTRUST STORYTIME PRIZE 2024**Are You a Monster? is a fun interactive read-aloud picture book that will have children of all ages roaring and stomping along, as Monster encourages them to be the scariest monster possible.Warning! This book contains a monster. A really angry, really scary, really bad monster… or so the monster says. And Monster has a very important question: are you a monster too? Children will love playing along with the book as monster tests them on their monster skills. Do you have a long pointy tail? Big yellow eyes? No? Can you make a big, loud noise? You can! Kids get to join in with this hilarious story and play their monstrous part, and by the end Monster may just regret asking that all important question.Also in this monstrous series: Are You a Sleepy Monster? Children can play along at bedtime as the lovable monster now invites them to wear ragged pyjamas, crawl under the bed and act like a monster!

Sir John Templeton, legendary investor, was famous for saying, "The four most dangerous words in investing are, 'This time it's different.'" He knew that though history doesn't repeat, not exactly, history is an excellent guide for investors. In Markets Never Forget But People Do: How Your Memory Is Costing You Money and Why This Time Isn't Different, long-time Forbes columnist, CEO of Fisher Investments, and 4-time New York Times bestselling author Ken Fisher shows how and why investors' memories fail them—and how costly that can be. More important, he shows steps investors can take to begin reducing errors they repeatedly make. The past is never indicative of the future, but history can be one powerful guide in shaping forward looking expectations. Readers can learn how to see the world more clearly—and learn to make fewer errors—by understanding just a bit of investing past.

Based on the groundbreaking study that shaved three years off a subjects' age in just eight weeks, discover a proven, accessible plan to prevent diseases and reduce your biological age.It's true: getting older is inevitable and your chronological age can only move in one direction. But you also have a biological age, which scientists can measure by assessing how your genes are expressed through epigenetics. Exciting new research shows that your bio age can actually move in reverse-and Dr. Kara Fitzgerald's groundbreaking, rigorous clinical trial proved it's possible. By eating delicious foods and establishing common-sense lifestyle practices that positively influence genetic expression, study participants reduced their bio age by just over three years in only eight weeks!Now Dr. Fitzgerald shares the diet and lifestyle plan that shows you how to influence your epigenetics for a younger you. In Younger You you'll learn:- It's not your genetics that determines your age and level of health, it's your epigenetics- How DNA methylation powerfully influences your epigenetic expression- The foods and lifestyle choices that most affect DNA methylation- Simple swaps to your daily routines that will add years to your life- The full eating and lifestyle program, with recipes and meal plans, to reduce your bio age and increase vitality- How to take care of your epigenetic expression at every life stage, from infancy through midlife and your later decadesWe don't have to accept a descent into disease and unwellness as we age as inevitable: when you reduce bio age you reduce your odds of developing all the major diseases, including diabetes, cancer, and dementia. With assessment tools for determining your bio age, recipes, and plans for putting it all into practice,Younger You helps you repair years of damage, ward off chronic disease, and optimize your health-for years to come.

Next stop: bedtime! This winning combination of things that go and bedtime is perfect for getting your little ones ready to sleep.All aboard the bedtime bus!All aboard the bedtime bus!Come along and yawn with us!We're all aboard the bedtime bus!Ding! Ding! Ding! Join the bus driver and all his sleepy passengers as they go on a magical bus journey to bedtime. Travel from stop to stop, brushing your teeth at Snoozyville, reading bedtime stories at Sleepy Town and, finally snoring along at Slumber Land.With an infectious bedtime song that mirrors each step in a typical bedtime routine, this is the ideal book to help parents deal with bedtime battles. Just like There's a Bear in Your Book by Tom Fletcher, Goodnight Digger by Michelle Robinson and Nick East, and the Ten Minutes to Bed series by Rhiannon Fielding and Chris Chatterton, All Aboard the Bedtime Bus soothes kids as they drift off to sleep.