NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER - From two winners of the 2024 Nobel Prize in Economic Sciences, who have demonstrated the importance of societal institutions for a country's prosperity

A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don't.--The New York Times

FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award - ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny.

Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:

- Will China's economy continue to grow at such a high speed and ultimately overwhelm the West?

- Are America's best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority?

This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond's Guns, Germs, and Steel.--BusinessWeek

NEW YORK TIMES AND WALL STREET JOURNAL BESTSELLER - From two winners of the 2024 Nobel Prize in Economic Sciences, who have demonstrated the importance of societal institutions for a country's prosperity

A wildly ambitious work that hopscotches through history and around the world to answer the very big question of why some countries get rich and others don't.--The New York Times

FINALIST: Financial Times and Goldman Sachs Business Book of the Year Award - ONE OF THE BEST BOOKS OF THE YEAR: The Washington Post, Financial Times, The Economist, BusinessWeek, Bloomberg, The Christian Science Monitor, The Plain Dealer

Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, or geography that determines prosperity or poverty? As Why Nations Fail shows, none of these factors is either definitive or destiny.

Drawing on fifteen years of original research, Daron Acemoglu and James Robinson conclusively show that it is our man-made political and economic institutions that underlie economic success (or the lack of it). Korea, to take just one example, is a remarkably homogenous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The differences between the Koreas is due to the politics that created those two different institutional trajectories. Acemoglu and Robinson marshal extraordinary historical evidence from the Roman Empire, the Mayan city-states, the Soviet Union, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, among them:

- Will China's economy continue to grow at such a high speed and ultimately overwhelm the West?

- Are America's best days behind it? Are we creating a vicious cycle that enriches and empowers a small minority?

This book will change the way people think about the wealth and poverty of nations . . . as ambitious as Jared Diamond's Guns, Germs, and Steel.--BusinessWeek

Learn how to use your own internal GPS system to get through any problem!

In Eat Sh*t & Smile, Jerry G. Banks shares his remarkable journey overcoming personal and financial hardships to achieve extraordinary success in business and in life. Jerry's candid stories reveal how he transformed setbacks into opportunities, turning divorce and near-bankruptcy into stepping-stones for raising two daughters as a single dad, while also managing $2 billion in real estate transactions over his career. The success he makes out of temporary failures offers valuable lessons for anyone facing life's inevitable curveballs.

Jerry's Internal GPS System gives readers a practical formula for learning resilience and triumphing over some of life's toughest circumstances. You'll discover how to persevere, adapt, and turn your dreams into reality. Whether you're starting a business, navigating personal challenges, or needing a kick-in-the-pants to keep moving forward, Eat Sh*t & Smile: Surviving and Thriving on the Roller Coaster of Life is the book for you.

Join Jerry Banks as he shares the strategies and insights that helped him achieve a wildly successful life despite the odds. Discover how you, too, can turn life's detours to your advantage and live your best life now.

Front Flap:

After plenty of hard knocks, Jerry G. Banks realized that over decades of ups and down in life, he had learned how to tap into his own internal GPS system. This helped him navigate his way through near bankruptcy, a difficult divorce, and raising two daughters on his own.

Now that Jerry has realized his biggest dreams as a successful real estate investor, entrepreneur, and father, he wants to help you realize your dreams too. Through years of experimenting and testing, Jerry has identified five foundational inputs you need to know to help you get to your own dream destination. Using his 4Ds +1 formula: Dreaming, Decisions, Determination, Discipline + Resilience, you can maximize your results and your happiness in life-and with greater ease and speed than Jerry did!

In Eat Sh*t & Smile, Jerry shares extraordinary stories from his personal and professional life, all while teaching you the programming tricks you'll need to operate your own internal GPS. But first, you must believe! Ready to tap into the power of your GPS and achieve your best life? Then let's go!

I can confidently say this will be one of my favorite books of 2024. --Stephen King, bestselling author (and onetime millworker)

American Flannel is a wonderful book--surprising, entertaining, vivid and personal, but also enlightening on the largest questions of America's economic and social future. --James Fallows, co-author of Our Towns

The little-engine-that-could story of how a band of scrappy entrepreneurs are reviving the enterprise of manufacturing clothing in the United States.

For decades, clothing manufacture was a pillar of U.S. industry. But beginning in the 1980s, Americans went from wearing 70 percent domestic-made apparel to almost none. Even the very symbol of American freedom and style--blue jeans--got outsourced. With offshoring, the nation lost not only millions of jobs but also crucial expertise and artistry.

Dismayed by shoddy imported fast fashion--and unable to stop dreaming of re-creating a favorite shirt from his youth--Bayard Winthrop set out to build a new company, American Giant, that would swim against this trend. New York Times reporter Steven Kurutz, in turn, began to follow Winthrop's journey. He discovered other trailblazers as well, from the Sock Queen of Alabama to a pair of father-son shoemakers and a men's style blogger who almost single-handedly drove a campaign to make Made in the USA cool. Eye-opening and inspiring, American Flannel is the story of how a band of visionaries and makers are building a new supply chain on the skeleton of the old and wedding old-fashioned craftsmanship to cutting-edge technology and design to revive an essential American dream.

Igniting the $100 billion Indigenous economy

It is time. It is time to increase the visibility, role, and responsibility of the emerging modern Indigenous economy and the people involved. This is the foundation for economic reconciliation. This is Indigenomics.

Indigenomics lays out the tenets of the emerging Indigenous economy, built around relationships, multigenerational stewardship of resources, and care for all. Highlights include:

• The ongoing power shift and rise of the modern Indigenous economy
• Voices of leading Indigenous business leaders
• The unfolding story in the law courts that is testing Canada's relationship with Indigenous peoples
• Exposure of the false media narrative of Indigenous dependency
• A new narrative, rooted in the reality on the ground, that Indigenous peoples are economic powerhouses
• On the ground examples of the emerging Indigenous economy.

Indigenomics calls for a new model of development, one that advances Indigenous self-determination, collective well-being, and reconciliation. This is vital reading for business leaders and entrepreneurs, Indigenous organizations and nations, governments and policymakers, and economists.

AWARDS

• WINNER 2022 First Nations Community Reads Awards
• SILVER 2022 Nautilus Book Awards - World Cultures' Transformational Growth & Development
• SHORTLISTED 2021 Donner Prize

The story of one Heartland city's efforts to reinvent itself for the innovation age is a powerful example of the change America needs.

Every city in America wants to become a tech hub, yet so few succeed--and that's the problem. Tech jobs, venture capital, and R&D are concentrated in a handful of big coastal cities, while the broad middle of the country is left out. But to thrive in the twenty-first century, cities must create innovation economies of their own and grow in more inclusive ways. In January 2020, Nicholas Lalla founded Tulsa Innovation Labs to help Tulsa, Oklahoma transition from its oil and gas legacy to tech. Lalla's organization would go on to build the first tech-led economic development strategy in northeast Oklahoma's history, raise over $200 million, and create thousands of tech jobs. This success catalyzed a massive, city-wide endeavor--the first time in American history a city has dedicated itself in such a concerted way to becoming a player in the innovation economy.

Drawing upon Lalla's experience in Tulsa, Reinventing the Heartland lays out a bold and pragmatic plan for urban reinvention, showing cities how to reorient their entire civic ecosystems toward inclusive tech-led growth. Each chapter covers a core plank of the action plan--from how cities can establish their own tech niche based on existing assets to how they can rapidly up-skill talent in the era of AI to how to build urban-rural partnerships and compete for federal funding as a region. In Reinventing the Heartland, Lalla provides the path forward, not just for Tulsa, but for any city ready to embrace the future.

A landmark history of the world economic order, exploring how developing countries have fought to escape impoverishment

Over the past two decades, experiments in neoliberal economics have opened up a chasm of inequality between the Global South and the West. Development advice from richer nations has led to social upheaval, political unrest, environmental degradation--and even the creation of a new underclass. Brutal extremes of wealth and poverty are now commonplace.

Ali A. Allawi traces the evolution of the world economic order from the late imperial era to the present day. Shedding light on continuing controversies, Allawi shows how the process of development has been hindered at every turn, from poor leadership and lost opportunities to widespread corruption. In doing so, he argues that the current neoliberal consensus is only the most recent of a series of failed policy imperatives.

Covering issues in the Global South as well as failures in the West, this definitive account offers an impassioned and authoritative call for change.

The new path for economic development that India must create

The whole world has a stake in India's future, and that future hinges on whether India can develop its economy and deliver for its population--now the world's largest--while staying democratic. India's economy has overtaken the United Kingdom's to become the fifth-largest in the world, but it is still only one-fifth the size of China's, and India's economic growth is too slow to provide jobs for millions of its ambitious youth. Blocking India's current path are intense global competition in low-skilled manufacturing, increasing protectionism and automation, and the country's majoritarian streak in politics. In Breaking the Mold, Raghuram Rajan and Rohit Lamba show why and how India needs to blaze a new path if it's to succeed.

India diverged long ago from the standard development model, the one followed by China--from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services--by leapfrogging intermediate steps. India must not turn back now. Rajan and Lamba explain how India can accelerate growth by prioritizing human capital, expanding opportunities in high-skilled services, encouraging entrepreneurship, and strengthening rather than weakening its democratic traditions. It can chart a path based on ideas and creativity even at its early stage of development.

Filled with vivid examples and written with incisive candor, Breaking the Mold shows how India can break free of the stumbling blocks of the past and embrace the enormous possibilities of the future.

Lords of Poverty is a case study in betrayals of a public trust. The shortcomings of aid are numerous, and serious enough to raise questions about the viability of the practice at its most fundamental levels. Hancock's report is thorough, deeply shocking, and certain to cause critical reevaluation--of the government's motives in giving foreign aid, and of the true needs of our intended beneficiaries.

In the universally acclaimed and award-winning The Bottom Billion, Paul Collier reveals that fifty failed states--home to the poorest one billion people on Earth--pose the central challenge of the developing world in the twenty-first century. The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nations between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that ensnare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, new international charters, and even conduct carefully calibrated military interventions. Collier has spent a lifetime working to end global poverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today.

Set to become a classic. Crammed with statistical nuggets and common sense, his book should be compulsory reading.
--The Economist

If Sachs seems too saintly and Easterly too cynical, then Collier is the authentic old Africa hand: he knows the terrain and has a keen ear.... If you've ever found yourself on one side or the other of those arguments--and who hasn't?--then you simply must read this book.
--Niall Ferguson, The New York Times Book Review

Rich in both analysis and recommendations.... Read this book. You will learn much you do not know. It will also change the way you look at the tragedy of persistent poverty in a world of plenty.
--Financial Times

Sustainability Principles and Practice gives an accessible and comprehensive overview of the interdisciplinary field of sustainability. The focus is on furnishing solutions and equipping students with both conceptual understanding and technical skills. Each chapter explores one aspect of the field, first introducing concepts and presenting issues, then supplying tools for working toward solutions. Elements of sustainability are examined piece by piece, and coverage ranges over ecosystems, social equity, environmental justice, food, energy, product life cycles, cities, and more. Techniques for management and measurement as well as case studies from around the world are provided.

The 3rd edition includes greater coverage of resilience and systems thinking, an update on the Anthropocene as a formal geological epoch, the latest research from the IPCC, and a greater focus on diversity and social equity, together with new details such as sustainable consumption, textiles recycling, microplastics, and net-zero concepts. The coverage in this edition has been expanded to include issues, solutions, and new case studies from around the world, including Europe, Asia, and the Global South.

Chapters include further reading and discussion questions. The book is supported by a companion website with online links, annotated bibliography, glossary, white papers, and additional case studies, together with projects, research problems, and group activities, all of which focus on real-world problem-solving of sustainability issues.

This textbook is designed to be used by undergraduate college and university students in sustainability degree programs and other programs in which sustainability is taught.

Realizing Africa's Potential: A Journey to Prosperity identifies the trends, opportunities, challenges, and strategies for success in Africa's emerging industries and sectors.

The bestselling author of The End of Nature issues an impassioned call to arms for an economy that creates community and ennobles our lives

In this powerful and provocative manifesto, Bill McKibben offers the biggest challenge in a generation to the prevailing view of our economy. For the first time in human history, he observes, more is no longer synonymous with better--indeed, for many of us, they have become almost opposites. McKibben puts forward a new way to think about the things we buy, the food we eat, the energy we use, and the money that pays for it all. Our purchases, he says, need not be at odds with the things we truly value.

McKibben's animating idea is that we need to move beyond growth as the paramount economic ideal and pursue prosperity in a more local direction, with cities, suburbs, and regions producing more of their own food, generating more of their own energy, and even creating more of their own culture and entertainment. He shows this concept blossoming around the world with striking results, from the burgeoning economies of India and China to the more mature societies of Europe and New England. For those who worry about environmental threats, he offers a route out of the worst of those problems; for those who wonder if there isn't something more to life than buying, he provides the insight to think about one's life as an individual and as a member of a larger community.

McKibben offers a realistic, if challenging, scenario for a hopeful future. Deep Economy makes the compelling case that the more we nurture the essential humanity of our economy, the more we will recapture our own.

Is Vietnam the world's next Tiger Economy? Can it grow like Taiwan and South Korea did when they were Tiger Economies in the 1980s and '90s? Brook Taylor and Sam Korsmoe bring together more than five decades of in-country experience, observations, and connections to explore these questions and determine whether Vietnam will be a high-income nation by 2050.

For more than twenty-five years, Vietnam has been one of the most dynamic countries in the world in terms of GDP, trade, and investment growth while also increasing the living standards of the vast majority of its nearly 100 million citizens. Will the nation continue this growth trend for another twenty-five years? Blending their understanding of Vietnam's legacy and growth with thoughtful attention to current trends and developments, the authors consider the nation's economic future.

Human society is full of would-be 'change agents', a restless mix of campaigners, lobbyists and officials, both individuals and organizations, set on transforming the world. They want to improve public services, reform laws and regulations, guarantee human rights, get a fairer deal for those on the sharp end, and achieve greater recognition for any number of issues or simply be treated with respect.

It is striking then, that universities have no Department of Change Studies, to which social activists can turn for advice and inspiration. Instead, scholarly discussions of change are fragmented with few conversations crossing disciplinary boundaries, or making it onto the radars of those actively seeking change.

How Change Happens bridges the gap between academia and practice, bringing together the best research from a range of academic disciplines and the evolving practical understanding of activists to explore the topic of social and political change. Drawing on many first-hand examples from the global experience of Oxfam, one of the world's largest social justice NGOs, as well as the author's 40 years of studying and working on international development, it tests ideas and sets out the latest thinking on what works to achieve progressive change.

This second edition adds a chapter by the LSE's Dr Tom Kirk on the rising importance of digital technology in activism, and analyses the implications of some of the darker currents of populism and shrinking civic space for those trying to bring about positive change.

This is an open access title available under the terms of a [CC BY-NC-ND 4.0 International] licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations.

World Economic Forum Founder and Executive Chairman Klaus Schwab offers a practical companion and field guide to his previous book, The Fourth Industrial Revolution.

Today, technology is changing everything--how we relate to one another, the way we work, how our economies and goverments function, and even what it means to be human.

One need not look hard to see how the incredible advances in artificial intelligence, cryptocurrencies, biotechnologies, and the internet of things are transforming society in unprecedented ways. But the Fourth Industrial Revolution is just beginning, says Schwab. And at a time of such tremendous uncertainty and such rapid change, he argues it's our actions as individuals and leaders that will determine the trajectory our future will take. We all have a responsibility - as citizens, businesses, and institutions - to work with the current of progress, not against it, to build a future that is ethical, inclusive, sustainable and prosperous.

Drawing on contributions from 200 top experts in fields ranging from machine learning to geoengineering to nanotechnology, to data ethics, Schwab equips readers with the practical tools to leverage the technologies of the future to leave the world better, safer, and more resilient than we found it.

This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Battery energy storage technology is the most promising, rapidly developed technology as it provides higher efficiency and ease of control. With energy transition through decarbonization and decentralization, energy storage plays a significant role to enhance grid efficiency by alleviating volatility from demand and supply. Energy storage also contributes to the grid integration of renewable energy and promotion of microgrid.

By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development--for both rich and poor--in the twenty-first century.

Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers--perhaps even the majority of people--he concludes, it is still possible to practically and optimistically restain a sense of social accountability. Development as Freedom is essential reading.

Clayton M. Christensen, the author of such business classics as The Innovator's Dilemma and the New York Times bestseller How Will You Measure Your Life, and co-authors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity, and offers a groundbreaking solution for true and lasting change.

Global poverty is one of the world's most vexing problems. For decades, we've assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time.

But hope is not an effective strategy.

Clayton M. Christensen and his co-authors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least twenty countries that have received billions of dollars' worth of aid are poorer now.

Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies--but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America's own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico.

The ideas in this book will help companies desperate for real, long-term growth see actual, sustainable progress where they've failed before. But The Prosperity Paradox is more than a business book; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.