Where Does Money Come From? reveals how, contrary to public perception, the bulk of today's money supply is created and allocated by commercial banks in their role as providers of credit. The authors argue that this system is inherently unstable, with little effective regulation of how much credit is provided or whether it is used for productive or speculative purposes. Based on detailed research and consultation with experts, including from the Bank of England, Where Does Money Come From? reviews theoretical and historical debates on the nature of money and banking and explains the role of the central bank, the Government and the European Union. This Second edition includes new sections on Libor and quantitative easing in the UK and the sovereign debt crisis in Europe. Praise for Where Does Money Come From? “Refreshing and clear. The way monetary economics and banking is taught in many – maybe most - universities is very misleading and what this book does is help people explain how the mechanics of the system work”. David Miles, Monetary Policy Committee, Bank of England “It is amazing that more than a century after Hartley Withers’s The Meaning of Money and 80 years after Keynes’s Treatise on Money, the fundamentals of how banks create money still need to be explained. Yet there plainly is such a need, and this book meets that need, with clear exposition and expert marshalling of the relevant facts. Warmly recommended to the simply curious, the socially concerned, students and those who believe themselves experts, alike. Everyone can learn from it“. Victoria Chick, Emeritus Professor of Economics, University College London. I used Where Does Money Come From? as the core text on my second year undergraduate module in Money and Banking. The students loved it. Not only does it present a clear alternative to the standard textbook view of money, but argues it clearly and simply with detailed attention to the actual behaviour and functioning of the banking system. Highly recommended for teaching the subject. Dr Andy Denis, Director of Undergraduate Studies, Economics Department, City University, London
YOUR PRIVACY IS YOUR BUSINESS. Welcome to the complete introduction to privacy from someone who has lived this life for many years. Gabriel Custodiet (host of The Watchman Privacy Podcast) guides you step-by-step through each dimension of private living while giving hundreds of real examples why privacy is the most important thing one can preserve. This 80,000-word book is the single best resource for anyone starting or continuing their privacy journey. You'll learn solutions for: * Digital privacy and cybersecurity * Physical privacy * Using a mobile phone anonymously * Financial privacy * Making encryption part of your life * Preventing identity theft * Buying and using cryptocurrencies such as Bitcoin privately * Basic asset protection * Staying protected from Cancel Culture and censorship * Self-employment and self-sufficiency * Medical and health privacy * International living * Understanding the history of privacy and the “right to privacy” * And everything in between Everything you need is here. Unlike other privacy books/podcasts/channels, the Watchman Guide looks beyond the digital world to cover all aspects of your privacy journey. More than this, it assumes minimal prior knowledge. It is essential reading for anyone who feels vulnerable amid the tightening grip of surveillance and control. Don’t be controlled. Take back what’s yours—before it’s too late.
#1 GLOBAL BESTSELLER WITH MORE THAN 8 MILLION COPIES SOLD • Meet Elizabeth Zott: “a gifted research chemist, absurdly self-assured and immune to social convention” (The Washington Post) in 1960s California whose career takes a detour when she becomes the unlikely star of a beloved TV cooking show. • STREAM ON APPLE TV+ This novel is “irresistible, satisfying and full of fuel” (The New York Times Book Review) and “witty, sometimes hilarious...the Catch-22 of early feminism” (Stephen King, via Twitter). A BEST BOOK OF THE YEAR: The New York Times, Washington Post, NPR, Oprah Daily, Entertainment Weekly, Newsweek Chemist Elizabeth Zott is not your average woman. In fact, Elizabeth Zott would be the first to point out that there is no such thing as an average woman. But it’s the early 1960s and her all-male team at Hastings Research Institute takes a very unscientific view of equality. Except for one: Calvin Evans; the lonely, brilliant, Nobel–prize nominated grudge-holder who falls in love with—of all things—her mind. True chemistry results. But like science, life is unpredictable. Which is why a few years later Elizabeth Zott finds herself not only a single mother, but the reluctant star of America’s most beloved cooking show Supper at Six. Elizabeth’s unusual approach to cooking (“combine one tablespoon acetic acid with a pinch of sodium chloride”) proves revolutionary. But as her following grows, not everyone is happy. Because as it turns out, Elizabeth Zott isn’t just teaching women to cook. She’s daring them to change the status quo. Laugh-out-loud funny, shrewdly observant, and studded with a dazzling cast of supporting characters, Lessons in Chemistry is as original and vibrant as its protagonist.
NOW A MAJOR MOTION PICTURE STARRING BLAKE LIVELY AND JUSTIN BALDONI! From the #1 New York Times bestselling author of It Starts with Us and All Your Perfects, a “brave and heartbreaking novel that digs its claws into you and doesn’t let go, long after you’ve finished it” (Anna Todd, New York Times bestselling author) about a young woman in a new relationship who can’t stop thinking about her first love. Lily hasn’t always had it easy, but that’s never stopped her from working hard for the life she wants. She’s come a long way from the small town where she grew up—she graduated from college, moved to Boston, and started her own business. And when she feels a spark with a gorgeous neurosurgeon named Ryle Kincaid, everything in Lily’s life seems too good to be true. Ryle is assertive, stubborn, maybe even a little arrogant. He’s also sensitive, brilliant, and has a total soft spot for Lily. And the way he looks in scrubs certainly doesn’t hurt. Lily can’t get him out of her head. But Ryle’s complete aversion to relationships is disturbing. Even as Lily finds herself becoming the exception to his “no dating” rule, she can’t help but wonder what made him that way in the first place. As questions about her new relationship overwhelm her, so do thoughts of Atlas Corrigan—her first love and a link to the past she left behind. He was her kindred spirit, her protector. When Atlas suddenly reappears, everything Lily has built with Ryle is threatened. An honest, evocative, and tender novel, It Ends with Us is “a glorious and touching read, a forever keeper. The kind of book that gets handed down” (USA TODAY).
The #1 New York Times bestseller. Over 25 million copies sold! Translated into 60+ languages! Tiny Changes, Remarkable Results No matter your goals, Atomic Habits offers a proven framework for improving--every day. James Clear, one of the world's leading experts on habit formation, reveals practical strategies that will teach you exactly how to form good habits, break bad ones, and master the tiny behaviors that lead to remarkable results. If you're having trouble changing your habits, the problem isn't you. The problem is your system. Bad habits repeat themselves again and again not because you don't want to change, but because you have the wrong system for change. You do not rise to the level of your goals. You fall to the level of your systems. Here, you'll get a proven system that can take you to new heights. Clear is known for his ability to distill complex topics into simple behaviors that can be easily applied to daily life and work. Here, he draws on the most proven ideas from biology, psychology, and neuroscience to create an easy-to-understand guide for making good habits inevitable and bad habits impossible. Along the way, readers will be inspired and entertained with true stories from Olympic gold medalists, award-winning artists, business leaders, life-saving physicians, and star comedians who have used the science of small habits to master their craft and vault to the top of their field. Learn how to: * make time for new habits (even when life gets crazy); * overcome a lack of motivation and willpower; * design your environment to make success easier; * get back on track when you fall off course; ...and much more. Atomic Habits will reshape the way you think about progress and success, and give you the tools and strategies you need to transform your habits--whether you are a team looking to win a championship, an organization hoping to redefine an industry, or simply an individual who wishes to quit smoking, lose weight, reduce stress, or achieve any other goal.
Hacking is the art of creative problem solving, whether that means finding an unconventional solution to a difficult problem or exploiting holes in sloppy programming. Many people call themselves hackers, but few have the strong technical foundation needed to really push the envelope. Rather than merely showing how to run existing exploits, author Jon Erickson explains how arcane hacking techniques actually work. To share the art and science of hacking in a way that is accessible to everyone, Hacking: The Art of Exploitation, 2nd Edition introduces the fundamentals of C programming from a hacker's perspective. The included LiveCD provides a complete Linux programming and debugging environment—all without modifying your current operating system. Use it to follow along with the book's examples as you fill gaps in your knowledge and explore hacking techniques on your own. Get your hands dirty debugging code, overflowing buffers, hijacking network communications, bypassing protections, exploiting cryptographic weaknesses, and perhaps even inventing new exploits. This book will teach you how to: – Program computers using C, assembly language, and shell scripts – Corrupt system memory to run arbitrary code using buffer overflows and format strings – Inspect processor registers and system memory with a debugger to gain a real understanding of what is happening – Outsmart common security measures like nonexecutable stacks and intrusion detection systems – Gain access to a remote server using port-binding or connect-back shellcode, and alter a server's logging behavior to hide your presence – Redirect network traffic, conceal open ports, and hijack TCP connections – Crack encrypted wireless traffic using the FMS attack, and speed up brute-force attacks using a password probability matrix Hackers are always pushing the boundaries, investigating the unknown, and evolving their art. Even if you don't already know how to program, Hacking: The Art of Exploitation, 2nd Edition will give you a complete picture of programming, machine architecture, network communications, and existing hacking techniques. Combine this knowledge with the included Linux environment, and all you need is your own creativity.
From a former senior advisor to Senator John McCain comes an urgent wake-up call about how new technologies are threatening America's military might. For generations of Americans, our country has been the world's dominant military power. How the US military fights, and the systems and weapons that it fights with, have been uncontested. That old reality, however, is rapidly deteriorating. America's traditional sources of power are eroding amid the emergence of new technologies and the growing military threat posed by rivals such as China. America is at grave risk of losing a future war. As Christian Brose reveals in this urgent wake-up call, the future will be defined by artificial intelligence, autonomous systems, and other emerging technologies that are revolutionizing global industries and are now poised to overturn the model of American defense. This fascinating, if disturbing, book confronts the existential risks on the horizon, charting a way for America's military to adapt and succeed with new thinking as well as new technology. America must build a battle network of systems that enables people to rapidly understand threats, make decisions, and take military actions, the process known as "the kill chain." Examining threats from China, Russia, and elsewhere, The Kill Chain offers hope and, ultimately, insights on how America can apply advanced technologies to prevent war, deter aggression, and maintain peace
The new book from one of TIME's 2021 most influential people Author was in Forbes 30 Under 30 Hall of Fame "A crucial contribution to development of a new technology that will impact all of our lives.” –Laura Shin, host of the Unchained podcast and author of The Cryptopians: Idealism, Greed, Lies, and the Making of the First Big Cryptocurrency Craze “Vitalik Buterin is one of the most influential creators of our generation....Like most of his work, it is sure to become a must-read.”–Camila Russo, author of The Infinite Machine, founder of The Defiant The ideas behind Ethereum in the words of its founder, describing a radical vision for more than a digital currency—reinventing organizations, economics, and democracy itself in the age of the internet. When he was only nineteen years old, in late 2013, Vitalik Buterin published a visionary paper outlining the ideas behind what would become Ethereum. He proposed to take what Bitcoin did for currency—replace government and corporate power with power shared among users—and apply it to everyday apps, organizations, and society as a whole. Now, less than a decade later, Ethereum is the second-most-valuable cryptocurrency and serves as the foundation for the weird new world of NFT artworks, virtual real estate in the metaverse, and decentralized autonomous organizations. The essays in Proof of Stake have guided Ethereum’s community of radicals and builders. Here for the first time they are collected from across the internet for new readers. They reveal Buterin as a lively, creative thinker, relentlessly curious and adventuresome in exploring the consequences of his invention. His writing stands in contrast to the hype that so often accompanies crypto in the public imagination. He presents it instead as a fascinating set of social, economic, and political possibilities, opening a window into a conversation that far more of us could be having. Media scholar Nathan Schneiderprovides introductions and notes.
THE BEST BOOK THAT DESCRIBES THE WORLD OF 2020's Nineteen Eighty-Four: A Novel, often published as 1984, is a dystopian social science fiction novel by English novelist George Orwell. It was published on 8 June 1949 by Secker & Warburg as Orwell's ninth and final book completed in his lifetime. Thematically, Nineteen Eighty-Four centres on the consequences of totalitarianism, mass surveillance, and repressive regimentation of persons and behaviours within society. Orwell, himself a democratic socialist, modeled the authoritarian government in the novel after Stalinist Russia. More broadly, the novel examines the role of truth and facts within politics and the ways in which they are manipulated. The story takes place in an imagined future, the year 1984, when much of the world has fallen victim to perpetual war, omnipresent government surveillance, historical negationism, and propaganda. Great Britain, known as Airstrip One, has become a province of a totalitarian superstate named Oceania that is ruled by the Party who employ the Thought Police to persecute individuality and independent thinking. Big Brother, the leader of the Party, enjoys an intense cult of personality despite the fact that he may not even exist. The protagonist, Winston Smith, is a diligent and skillful rank-and-file worker and Party member who secretly hates the Party and dreams of rebellion. He enters into a forbidden relationship with a colleague, Julia, and starts to remember what life was like before the Party came to power. Nineteen Eighty-Four has become a classic literary example of political and dystopian fiction. It also popularised the term "Orwellian" as an adjective, with many terms used in the novel entering common usage, including "Big Brother", "doublethink", "thoughtcrime", "Newspeak", "memory ho
Beginning with the dim prehistory of the mythical gods and their descendants, Heimskringla recounts the history of the kings of Norway through the reign of Olaf Haraldsson, who became Norway's patron saint. Once found in most homes and schools and still regarded as a national treasure, Heimskringla influenced the thinking and literary style of Scandinavia over several centuries.
The classic history of the political and economic devastation wrought by runaway inflation in Weimar Germany—“brilliant” (Guardian) In 1923, with its currency effectively worthless (the exchange rate in December of that year was one dollar to 4,200,000,000,000 marks), the German republic was all but reduced to a barter economy. Expensive cigars, artworks, and jewels were routinely exchanged for staples such as bread; a cinema ticket could be bought for a lump of coal; and a bottle of paraffin for a silk shirt. People watched helplessly as their life savings disappeared and their loved ones starved. Germany's finances descended into chaos, with severe social unrest in its wake. Money may no longer be physically printed and distributed in the voluminous quantities of 1923. However, "quantitative easing," that modern euphemism for surreptitious deficit financing in an electronic era, can no less become an assault on monetary discipline. Whatever the reason for a country's deficit— necessity or profligacy, unwillingness to tax or blindness to expenditure—it is beguiling to suppose that if the day of reckoning is postponed economic recovery will come in time to prevent higher unemployment or deeper recession. What if it does not? Germany in 1923 provides a vivid, compelling, sobering moral tale.
I think Fraudcoin is the most engaging and easy to read book about inflation that has ever been written. It also offers a great level of detail on all the government moves and countermoves in the development of the inflation policy. Very well done. Lawrence W. Lepard, Investment Manager, Sherborn, Massachusetts, USA Congratulations, you should be very proud about your book! Excellent work! Ronald-Peter Stöferle, Managing Partner of Incrementum AG Fraudcoin is an excellent book exploring the role of inflation on politics and world history. Inflation is largely a political decision that impacts all aspects of society and can bring down mighty empires, yet there is little debate about why inflation occurs and the immense repercussions. This book is an important contribution toward educating the public that the destructive power of inflation is not an unfortunate act of nature, but the result of reckless policy. Glenn Diesen, Professor, University of South-Eastern Norway, Department of Business, History and Social Sciences This mini-series only scratches the surface of Rune Østgård's book "Fraudcoin", which I recommend everyone to buy and recommend to others."Fraudcoin is the best book I've read about inflation. It's the perfect mix between the description of historical evidence and the explanation of different economic theories. It certainly demonstrates that inflation is a policy, NOT an unfortunate spontaneously emerging calamity. Wolfgang Wee, the Wolfgang Wee Uncut podcast A book that's hard to put down. A bit like a thriller. Suddenly, you understand things you thought were insurmountable to gain insight into. Erika Hauffen, Librarian, Snåsa, Norway Fraudcoin is the best book I've read about inflation. It's the perfect mix between the description of historical evidence and the explanation of different economic theories. It certainly demonstrates that inflation is a policy, NOT an unfortunate spontaneously emerging calamity. David St-Onge, Author of “Tout sur Bitcoin" (Bitcoin: Everything you need to know), Montreal, Canada A wonderfully well-written and accessible book for everyone, regardless of your knowledge background. Children and young people really need to have access to this knowledge. Trine Sofie Bergh, Economics blogger, Trondheim, Norway This is an incredibly important book. It lays out the story of the inflation policy in a clear, precise, and easy-to-understand way. It is absolutely necessary for a healthy society to have healthy money, but that will not happen until most people understand what sound money is, and why the inflation policy creates sick money. @hodlonaut *** Rune Østgård’s easy-to-read book explains what inflation is and how it affects the society. The book takes us through 1000 Years of Inflation as a Policy, beginning with the Viking age and King Harald Hardrada, who introduced the death penalty for those who did not accept his coins as payment. With lessons learned from the historical narrative, it is easy to join the author on the ‘journey of money’ through modern society, as he demonstrates how inflation redistributes wealth from the working and middle classes to the upper class, speculators, and the state, and away from the countryside and into the big cities. The book includes a discussion on several issues related to monetary policy, including national security, cryptocurrency, saving and investment, and if it is correct to say that “a little inflation is good for the economy” and that “our system is based on trust”.