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Incerto 5 Book Bundle
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Book Synopsis Incerto 5-Book Bundle by : Nassim Nicholas Taleb
Download or read book Incerto 5-Book Bundle written by Nassim Nicholas Taleb and published by Random House. This book was released on 2021-05-04 with total page 1345 pages. Available in PDF, EPUB and Kindle. Book excerpt: The landmark five-book series—all together in one ebook bundle The Incerto is an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don’t understand the world, expressed in the form of a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions, in non-overlapping volumes that can be accessed in any order. The main thread is that while there is inordinate uncertainty about what is going on, there is great certainty as to what one should do about it. This ebook bundle includes: FOOLED BY RANDOMNESS THE BLACK SWAN THE BED OF PROCRUSTES ANTIFRAGILE SKIN IN THE GAME
Download or read book Incerto written by Nassim Nicholas Taleb and published by Random House Trade. This book was released on 2021-05-04 with total page 1873 pages. Available in PDF, EPUB and Kindle. Book excerpt: The landmark five-book series--all together in one boxed set The Incerto is an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision making when we don't understand the world, expressed in the form of a personal essay with autobiographical sections, stories, parables, and philosophical, historical, and scientific discussions, in non-overlapping volumes that can be accessed in any order. The main thread is that while there is inordinate uncertainty about what is going on, there is great certainty as to what one should do about it. This boxed set includes: FOOLED BY RANDOMNESS THE BLACK SWAN THE BED OF PROCRUSTES ANTIFRAGILE SKIN IN THE GAME
Book Synopsis Incerto 4-Book Bundle by : Nassim Nicholas Taleb
Download or read book Incerto 4-Book Bundle written by Nassim Nicholas Taleb and published by Random House. This book was released on 2016-01-26 with total page 1377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nassim Nicholas Taleb’s landmark Incerto series is an investigation of luck, uncertainty, probability, opacity, human error, risk, disorder, and decision-making in a world we don’t understand, in nonoverlapping and standalone books. All four volumes—Antifragile, The Black Swan, Fooled by Randomness, and the expanded edition of The Bed of Procrustes, updated with more than 50 percent new material—are now together in one ebook bundle. ANTIFRAGILE “Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides.”—The Wall Street Journal Just as human bones get stronger when subjected to stress and tension, many things in life benefit from disorder, volatility, and turmoil. What Taleb has identified and calls “antifragile” is that category of things that not only gain from chaos but need it in order to survive and flourish. The resilient resists shocks and stays the same; the antifragile gets better and better. What is crucial is that the antifragile loves errors, as it incurs small harm and large benefits from them. Spanning politics, urban planning, war, personal finance, economic systems, and medicine in an interdisciplinary and erudite style, Antifragile is a blueprint for living in a Black Swan world. THE BLACK SWAN “[A book] that altered modern thinking.”—The Times (London) A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable. The astonishing success of Google was a black swan; so was 9/11. In this groundbreaking and prophetic book, Taleb shows that black swan events underlie almost everything about our world, from the rise of religions to events in our own personal lives, and yet we—especially the experts—are blind to them. FOOLED BY RANDOMNESS “[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”—Malcolm Gladwell, The New Yorker Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? Fooled by Randomness is about luck: more precisely, about how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill—the markets—Fooled by Randomness is an irreverent, eye-opening, and endlessly entertaining exploration of one of the least understood forces in our lives. THE BED OF PROCRUSTES “Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times This collection of aphorisms and meditations expresses Taleb’s major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical views of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness.
Book Synopsis Fooled by Randomness by : Nassim Nicholas Taleb
Download or read book Fooled by Randomness written by Nassim Nicholas Taleb and published by Editeurs divers USA. This book was released on 2016 with total page 1570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nassim Nicholas Taleb's landmark Incerto series is an investigation of luck, uncertainty, probability, opacity, human error, risk, disorder, and decision-making in a world we don't understand, in nonoverlapping and standalone books. All four volumes--Antifragile, The Black Swan, Fooled by Randomness, and the expanded edition of The Bed of Procrustes, updated with more than 50 percent new material--are now together in one boxed set. ANTIFRAGILE "Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides."--The Wall Street Journal Just as human bones get stronger when subjected to stress and tension, many things in life benefit from disorder, volatility, and turmoil. What Taleb has identified and calls "antifragile" is that category of things that not only gain from chaos but need it in order to survive and flourish. The resilient resists shocks and stays the same; the antifragile gets better and better. What is crucial is that the antifragile loves errors, as it incurs small harm and large benefits from them. Spanning politics, urban planning, war, personal finance, economic systems, and medicine in an interdisciplinary and erudite style, Antifragile is a blueprint for living in a Black Swan world. THE BLACK SWAN "[A book] that altered modern thinking."--The Times (London) A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable. The astonishing success of Google was a black swan; so was 9/11. In this groundbreaking and prophetic book, Taleb shows that black swan events underlie almost everything about our world, from the rise of religions to events in our own personal lives, and yet we--especially the experts--are blind to them. FOOLED BY RANDOMNESS "[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther's ninety-five theses were to the Catholic Church."--Malcolm Gladwell, The New Yorker Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? Fooled by Randomness is about luck: more precisely, about how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill--the markets--Fooled by Randomness is an irreverent, eye-opening, and endlessly entertaining exploration of one of the least understood forces in our lives. THE BED OF PROCRUSTES "Taleb's crystalline nuggets of thought stand alone like esoteric poems."--Financial Times This collection of aphorisms and meditations expresses Taleb's major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical views of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness.
Book Synopsis The Secret Language of Maps by : Carissa Carter
Download or read book The Secret Language of Maps written by Carissa Carter and published by Ten Speed Press. This book was released on 2022-04-19 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: A highly visual exploration of diagrams and data that helps you understand how "maps" are part of everyday thinking, how they tell stories, and how they can reframe your point of view, from Stanford University's world-renowned d.school. “This book is the ultimate legend to mapping all kinds of data.”—Jessica Hagy, Webby Award-winning blogger of Indexed and author of How to Be Interesting (In Ten Simple Steps) Maps aren’t just geographic, they are also infographic and include all types of frameworks and diagrams. Any figure that sorts data visually and presents it spatially is a map. Maps are ways of organizing information and figuring out what’s important. Even stories can be mapped! The Secret Language of Maps provides a simple framework to deconstruct existing maps and then shows you how to create your own. An embedded mystery story about a woman who investigates the disappearance of an old high school friend illustrates how to use different maps to make sense of all types of information. Colorful illustrations bring the story to life and demonstrate how the fictional character’s collection of data, properly organized and “mapped,” leads her to solve the mystery of her friend’s disappearance. You’ll learn how to gather data, organize it, and present it to an audience. You’ll also learn how to view the many maps that swirl around our daily lives with a critical eye, aware of the forces that are in play for every creator.
Book Synopsis The Bed of Procrustes by : Nassim Nicholas Taleb
Download or read book The Bed of Procrustes written by Nassim Nicholas Taleb and published by Penguin UK. This book was released on 2010-12-02 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this profound and playful book, Nassim Nicholas Taleb presents his ideas about life in the form of aphorisms, the world's earliest - and most memorable - literary form. Procrustes was a character from Greek mythology who abducted travellers and invited them to spend the night in a special bed, which they had to fit to perfection. They never did. Those who were too tall had their legs chopped off; those who were too short were stretched. Every aphorism here is about a Procrustean bed of sorts - we humans, facing the limits of our knowledge, the unseen and the unknown, resolve the tension by squeezing life and the world into crisp commoditized ideas, reductive categories, specific vocabularies and pre-packaged narratives. Only by embracing the unexpected - and accepting what we don't know - can we see the world as it really is.
Download or read book Defending Jacob written by William Landay and published by Delacorte Press. This book was released on 2012-01-31 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • “A legal thriller that’s comparable to classics such as Scott Turow’s Presumed Innocent . . . tragic and shocking.”—Associated Press NOW AN EMMY-NOMINATED ORIGINAL STREAMING SERIES • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY Entertainment Weekly • Boston Globe • Kansas City Star Andy Barber has been an assistant district attorney for two decades. He is respected. Admired in the courtroom. Happy at home with the loves of his life: his wife, Laurie, and their teenage son, Jacob. Then Andy’s quiet suburb is stunned by a shocking crime: a young boy stabbed to death in a leafy park. And an even greater shock: The accused is Andy’s own son—shy, awkward, mysterious Jacob. Andy believes in Jacob’s innocence. Any parent would. But the pressure mounts. Damning evidence. Doubt. A faltering marriage. The neighbors’ contempt. A murder trial that threatens to obliterate Andy’s family. It is the ultimate test for any parent: How far would you go to protect your child? It is a test of devotion. A test of how well a parent can know a child. For Andy Barber, a man with an iron will and a dark secret, it is a test of guilt and innocence in the deepest sense. How far would you go? Praise for Defending Jacob “A novel like this comes along maybe once a decade . . . a tour de force, a full-blooded legal thriller about a murder trial and the way it shatters a family. With its relentless suspense, its mesmerizing prose, and a shocking twist at the end, it’s every bit as good as Scott Turow’s great Presumed Innocent. But it’s also something more: an indelible domestic drama that calls to mind Ordinary People and We Need to Talk About Kevin. A spellbinding and unforgettable literary crime novel.”—Joseph Finder “Defending Jacob is smart, sophisticated, and suspenseful—capturing both the complexity and stunning fragility of family life.”—Lee Child “Powerful . . . leaves you gasping breathlessly at each shocking revelation.”—Lisa Gardner “Disturbing, complex, and gripping, Defending Jacob is impossible to put down. William Landay is a stunning talent.”—Carla Neggers “Riveting, suspenseful, and emotionally searing.”—Linwood Barclay
Download or read book Ethic 2 written by Ashley Antoinette and published by . This book was released on 2018-11 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Love should burn slowly, but with Ezra "Ethic" Okafor it is always fleeting. After an accidental killing affects Alani, the woman he loves, she thinks he's a monster. Separated by tragedy, the pair endure a loss like nothing they have ever felt and their connection is impossible to repair. Ethic is reduced to misery and raising his children alone once again. With Morgan in the throes of a passionate love affair and Bella in need of guidance that he can't provide, Ethic is in turmoil. He's failing as a man and the fingerprint he is leaving on the world is a bloody one. In this second installment of this epic love story, Ashley Antoinette taps into the soul of her readers as she explores the limits of love and forgiveness. Is anything truly unforgivable? Or is Ethic the one man who can love a woman back from the edge of madness. Ashley Antoinette is one of the most prolific and successful writers of her generation. The feminine half of the popular duo (Ashley and JaQuavis) she has co-written over forty novels. She is most widely regarded for her racy, New York Times Best Selling series, The Prada Plan. To stay updated on all things Ashley follow her on social media. Instagram: @AshleyAntoinette Facebook: facebook.com/authorashleyantoinetteTwitter: @Novelista
Book Synopsis Antifragile by : Nassim Nicholas Taleb
Download or read book Antifragile written by Nassim Nicholas Taleb and published by Random House. This book was released on 2012-11-27 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Antifragile is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are Fooled by Randomness, The Black Swan, Skin in the Game, and The Bed of Procrustes. Nassim Nicholas Taleb, the bestselling author of The Black Swan and one of the foremost thinkers of our time, reveals how to thrive in an uncertain world. Just as human bones get stronger when subjected to stress and tension, and rumors or riots intensify when someone tries to repress them, many things in life benefit from stress, disorder, volatility, and turmoil. What Taleb has identified and calls “antifragile” is that category of things that not only gain from chaos but need it in order to survive and flourish. In The Black Swan, Taleb showed us that highly improbable and unpredictable events underlie almost everything about our world. In Antifragile, Taleb stands uncertainty on its head, making it desirable, even necessary, and proposes that things be built in an antifragile manner. The antifragile is beyond the resilient or robust. The resilient resists shocks and stays the same; the antifragile gets better and better. Furthermore, the antifragile is immune to prediction errors and protected from adverse events. Why is the city-state better than the nation-state, why is debt bad for you, and why is what we call “efficient” not efficient at all? Why do government responses and social policies protect the strong and hurt the weak? Why should you write your resignation letter before even starting on the job? How did the sinking of the Titanic save lives? The book spans innovation by trial and error, life decisions, politics, urban planning, war, personal finance, economic systems, and medicine. And throughout, in addition to the street wisdom of Fat Tony of Brooklyn, the voices and recipes of ancient wisdom, from Roman, Greek, Semitic, and medieval sources, are loud and clear. Antifragile is a blueprint for living in a Black Swan world. Erudite, witty, and iconoclastic, Taleb’s message is revolutionary: The antifragile, and only the antifragile, will make it. Praise for Antifragile “Ambitious and thought-provoking . . . highly entertaining.”—The Economist “A bold book explaining how and why we should embrace uncertainty, randomness, and error . . . It may just change our lives.”—Newsweek
Book Synopsis The Black Swan by : Nassim Nicholas Taleb
Download or read book The Black Swan written by Nassim Nicholas Taleb and published by Random House Digital, Inc.. This book was released on 2009-10-13 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the author's point of view, a black swan is an improbable event with three principal characteristics - It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don't know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the 'impossible'.
Book Synopsis Fooled by Randomness by : Nassim Nicholas Taleb
Download or read book Fooled by Randomness written by Nassim Nicholas Taleb and published by Random House. This book was released on 2008-10-14 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fooled by Randomness is a standalone book in Nassim Nicholas Taleb’s landmark Incerto series, an investigation of opacity, luck, uncertainty, probability, human error, risk, and decision-making in a world we don’t understand. The other books in the series are The Black Swan, Antifragile, Skin in the Game, and The Bed of Procrustes. Fooled by Randomness is the word-of-mouth sensation that will change the way you think about business and the world. Nassim Nicholas Taleb–veteran trader, renowned risk expert, polymathic scholar, erudite raconteur, and New York Times bestselling author of The Black Swan–has written a modern classic that turns on its head what we believe about luck and skill. This book is about luck–or more precisely, about how we perceive and deal with luck in life and business. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill–the world of trading–Fooled by Randomness provides captivating insight into one of the least understood factors in all our lives. Writing in an entertaining narrative style, the author tackles major intellectual issues related to the underestimation of the influence of happenstance on our lives. The book is populated with an array of characters, some of whom have grasped, in their own way, the significance of chance: the baseball legend Yogi Berra; the philosopher of knowledge Karl Popper; the ancient world’s wisest man, Solon; the modern financier George Soros; and the Greek voyager Odysseus. We also meet the fictional Nero, who seems to understand the role of randomness in his professional life but falls victim to his own superstitious foolishness. However, the most recognizable character of all remains unnamed–the lucky fool who happens to be in the right place at the right time–he embodies the “survival of the least fit.” Such individuals attract devoted followers who believe in their guru’s insights and methods. But no one can replicate what is obtained by chance. Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? It may be impossible to guard ourselves against the vagaries of the goddess Fortuna, but after reading Fooled by Randomness we can be a little better prepared. Named by Fortune One of the Smartest Books of All Time A Financial Times Best Business Book of the Year
Book Synopsis Rose Harbor in Bloom by : Debbie Macomber
Download or read book Rose Harbor in Bloom written by Debbie Macomber and published by Ballantine Books. This book was released on 2014-07-15 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BESTSELLER • Debbie Macomber returns to the charming Rose Harbor Inn, where each guest finds a second chance and every room comes with an inspiring new view. “Macomber uses warmth, humor and superb storytelling skills to deliver a tale that charms and entertains.”—BookPage Since moving to Cedar Cove, Jo Marie Rose has truly started to feel at home, and her neighbors have become her closest friends. Now it’s springtime, and Jo Marie is eager to finish the most recent addition to her inn. In memory of her late husband, Paul, she has designed a beautiful rose garden for the property and enlisted handyman Mark Taylor to help realize it. She and Mark don’t always see eye-to-eye—and at times he seems far removed—yet deep down, Jo Marie finds great comfort in his company. And while she still seeks a sense of closure, she welcomes her latest guests, who are on their own healing journeys. Annie Newton arrives in town to orchestrate her grandparents’ fiftieth wedding anniversary celebration. While Annie is excited for the festivities, she’s struggling to move on from her broken engagement, and her grandparents themselves seem to be having trouble getting along. Worse, Annie is forced to see Oliver Sutton, with whom she grew up and who has always mercilessly teased her. But the best parties end with a surprise, and Annie is in for the biggest one of all. High-powered businesswoman Mary Smith, another Rose Harbor Inn guest, has achieved incredible success in her field, yet serious illness has led her to face her sole, lingering regret. Almost nineteen years ago, she ended her relationship with her true love, George Hudson, and now she’s returned to Cedar Cove to make amends. Compassion and joy await Jo Marie, Annie, and Mary as they make peace with their pasts and look boldly toward their futures. Rose Harbor in Bloom is Debbie Macomber at her heartwarming best.
Book Synopsis The Borrowers Aloft by : Mary Norton
Download or read book The Borrowers Aloft written by Mary Norton and published by HarperCollins. This book was released on 2003-04-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pod, Homily, and Arrietty Clock's huge adventures have been thrilling children young and old for fifty years--and their appeal is as strong as ever in The Borrowers Aloft. The original beloved interior illustrations by Beth and Joe Krush have been retained, capturing these little people with a larger-than-life appeal.
Book Synopsis Dynamic Hedging by : Nassim Nicholas Taleb
Download or read book Dynamic Hedging written by Nassim Nicholas Taleb and published by John Wiley & Sons. This book was released on 1997-01-14 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Destined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and derivatives. But the promise of ever larger profits also creates the potential for catastrophic trading losses. Now more than ever, the key to trading derivatives lies in implementing preventive risk management techniques that plan for and avoid these appalling downturns. Unlike other books that offer risk management for corporate treasurers, Dynamic Hedging targets the real-world needs of professional traders and money managers. Written by a leading options trader and derivatives risk advisor to global banks and exchanges, this book provides a practical, real-world methodology for monitoring and managing all the risks associated with portfolio management. Nassim Nicholas Taleb is the founder of Empirica Capital LLC, a hedge fund operator, and a fellow at the Courant Institute of Mathematical Sciences of New York University. He has held a variety of senior derivative trading positions in New York and London and worked as an independent floor trader in Chicago. Dr. Taleb was inducted in February 2001 in the Derivatives Strategy Hall of Fame. He received an MBA from the Wharton School and a Ph.D. from University Paris-Dauphine.
Download or read book Twinchantment written by Elise Allen and published by Disney Electronic Content. This book was released on 2019-04-09 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the kingdom of Kaloon, nothing is quite as it seems.... "Y-y-y-you," he stammered, and Flissa turned to see he'd gone ashen. "T-t-t-two of you!" Uh-oh. Flissa reached up and checked. Sure enough, her hood had fallen off. Their secret was out. Princesses Flissa and Sara are even closer than most twins. In fact, most of the kingdom thinks they're the same person. When magic was outlawed in Kaloon generations ago, twins, black cats, and other potentially -magical beings were outlawed, too. Since they were born, Flissa and Sara have pretended to be one princess, Flissara, trading off royal duties like attending glamorous balls, participating in fencing exhibitions, and making friends with other young nobles, all while hiding in plain sight. But when the first magical attack in years puts their mother's life in danger, the girls must break the rules that have protected them to save her. With a brave servant boy and his plucky black kitten as their guides, they set off on an epic quest to the Twists—a forbidden place full of dark magic—to find the evil mage who cursed the queen. With a case of mistaken identity, a wickedly powerful exile out for vengeance, and time running out for their mother, the twins might just need to make their own magic to save the day. In the first book of this new series, author Elise Allen brings to life a fantastical world filled with high-stakes adventure, incredible twists, and all the spark and humor of sisterhood.
Download or read book The Familiars written by Adam Jay Epstein and published by Harper Collins. This book was released on 2011-06-07 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Aldwyn, a young alley cat on the run, ducks into a mysterious pet shop, he doesn’t expect his life to change. But that’s exactly what happens when Jack, a young wizard, picks Aldwyn to be his magical familiar. Finally off the tough streets, Aldwyn thinks he’s got it made. He just has to convince the other familiars—the know-it-all blue jay Skylar and the friendly tree frog Gilbert—that he’s the telekinetic cat he claims to be. But when Jack and two other wizards in training are captured by a terrible evil, it will take all of Aldwyn’s street smarts, a few good friends, and a nose for adventure to save the day!
Book Synopsis The Next Age of Uncertainty by : Stephen Poloz
Download or read book The Next Age of Uncertainty written by Stephen Poloz and published by Penguin. This book was released on 2024-02-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: SHORTLISTED FOR THE 2022 SHAUGHNESSY COHEN PRIZE FOR POLITICAL WRITING • SHORTLISTED FOR THE 2022 DONNER PRIZE “The Next Age of Uncertainty combines invaluable historical insights with provocative reflections on the economy of the future—a must read.” —Thomas d’Aquino C.M., LL.D., founding CEO of the Business Council of Canada, and author of Private Power Public Purpose From the former Governor of the Bank of Canada, a far-seeing guide to the powerful economic forces that will shape the decades ahead. The economic ground is shifting beneath our feet. The world is becoming more volatile, and people are understandably worried about their financial futures. In this urgent and accessible guide to the crises and opportunities that lie ahead, economist and former Governor of the Bank of Canada Stephen Poloz maps out the powerful tectonic forces that are shaping our future and the ideas that will allow us to master them. These forces include an aging workforce, mounting debt, and rising income inequality. Technological advances, too, are adding to the pressure, putting people out of work, and climate change is forcing a transition to a lower-carbon economy. It is no surprise that people are feeling uncertain. The implications of these tectonic tensions will cascade throughout every dimension of our lives—the job market, the housing market, the investment climate, as well as government and central bank policy, and the role of the corporation within society. The pandemic has added momentum to many of them. Poloz skillfully argues that past crises, from the Victorian Depression in the late 1800s to the more recent downturn in 2008, give a hint of what is in store for us in the decades ahead. Unlike the purely destructive power of earthquakes, the upheaval that is sure to come in the decades ahead will offer unexpected opportunities for renewal and growth. Filled with takeaways for employers, investors, and policymakers, as well as families discussing jobs and mortgage renewals around the kitchen table, The Next Age of Uncertainty is an indispensable guide for those navigating the fault lines of the risky world ahead.
