Computational Global Macro offers investors a new paradigm for the analysis of geopolitical risk. By drawing on game theory, machine learning, and causal inference, the book provides investors with a novel framework for analyzing the political and economic interactions between global actors. In doing so, it presents a counterpoint to the often informal and speculative approach to geopolitical analysis that is prevalent in the research produced by investment firms. The book will thus serve as a valuable reference for investment professionals, students, and academics seeking to apply sophisticated quantitative tools to the development of their macro views.
The social contract that has underpinned growth and political stability in the Western world since World War II has broken down. Houses, health care and higher education have become unaffordable to a majority of people, while the burden of unregulated monopolies, globalization and uncontrolled immigration has fallen disproportionately on the lower and middle classes.
Wrapped in political correctness, an increasingly out of touch Western elite continues catering to special interests and fails to grasp the urgency for change. Populist movements harnessing public anger appear unable to propose and implement effective solutions.
The last financial crisis was bad enough. But the next crisis will spread deeper and wider. And yet we stand economically, politically and most of all intellectually unprepared.
This book is the story of how we have arrived at the brink of disaster and how we can move away from the win-lose policies of recent decades to restore much-needed balance.
Although it has long been accepted that America's most famous architect was influenced by Japanese culture, the nature of Frank Lloyd Wright's debt to Japan has remained unclear. This book argues that Japan had a more profound impact on Wright's approach to design, and in particular on his notion of the organic, than has previously been acknowledged. It suggests that the influence of Ernest Fenollosa (1853-1908), the leading American authority on Japanese art at the turn of the 20th century - who also happened to be the cousin of Wright's first employer in Chicago, the Shingle Style architect Joseph Silsbee (1848-1913) - was pivotal in bringing together what would become Wright's twin passions of Japanese art and the organic whole.
Building on the success of the original book, which won the 1994 American Institute of Architects' International Architectural Monograph Award, this revised and expanded edition contains new sections on the Western image of Japan as other, the question of cultural appropriation, and Wright's translation of Japanese building forms into his own architectural language.