Economics

In Predicting the Markets, Edward Yardeni, Wall Street’s legendary economist and investment strategist, shares his insights and lessons learned forecasting the economy and financial markets over the past 40 years.Ed Yardeni takes readers on a fascinating journey retracing the economic and financial ups and downs from the late 1970s through today. Along the way, he mines the lessons of the past for insights that inform how to be thinking about the future.“Dr. Ed” was among the first Wall Street prognosticators to see the bullish consequences of disinflation and globalization for stocks and bonds during the 1980s and 1990s. He was the first economist on Wall Street to recognize the importance of Baby Boom demographic trends. In 1993, he started writing about the “High-Tech Revolution in the US of @”—presaging the enormous impact that technological advances would have on life today. After China joined the...

An epic account of the decades-long battle to control what has emerged as the world's most critical resource—microchip technology—with the United States and China increasingly in conflict.You may be surprised to learn that microchips are the new oil—the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a foundation of computer chips. Virtually everything—from missiles to microwaves—runs on chips, including cars, smartphones, the stock market, even the electric grid. Until recently, America designed and built the fastest chips and maintained its lead as the #1 superpower, but America's edge is in danger of slipping, undermined by players in Taiwan, Korea, and Europe taking over manufacturing. Now, as Chip War reveals, China, which spends more on chips than any other product, is pouring billions into a chip-building initiative to catch up to the US. At stake...

《大萧条时期的中国:市场国家与世界经济1929-1937》内容简介：1930年代的经济大萧条是一次全球性事件，它深刻地影响了中国现代历史。由于当时各国都已纷纷摆脱银本位，世界货币体系由金本位主导，而中国是当时世界上几乎唯一仍采用银本位的国家，因此当世界上其他国家作为商品的Eh银价格发生波动，就会对中国的金融和经济生产带来直接的冲击。《大萧条时期的中国:市场国家与世界经济1929-1937》通过长江中下游地区棉纺业、缫丝业在大萧条中的表现具体演示了这种传导效应。当终于无法承受这种冲击之时，国民政府不得不积极地进行币制改革，废除银本位。这场由；政府主导的币制改革，从一开始就面临着复杂的国际关系和严峻的国内经济形势的挑战。尽管以摆脱银本位的法币改革初时颇见成效，但外汇储备始终不足、对财政金融管控不力，都为中国经济后来更大的混乱埋下伏笔。