Hard-Boiled Egg Index is a true story on the struggles Kudzai Gumunyu and most Zimbabweans went through during the record- and heart-breaking hyper-inflationary period in Zimbabwe. Though saddening, the story is told in a humorous and vivid way detailing how Kudzai had to adjust to the effects of economic meltdown. Zimbabwe's inflation rate reached a mind-boggling 89.7 sextillion percent by 2008 and US$1 was worth 3 nonillion Zimbabwean dollars had the Central Bank not debased the currency three times with twenty-five zeros. The ZWD100 trillion became the highest denomination on the planet. Before the crazily denominated notes, money was being carried in wheelbarrows and grain bags and the purchased item in your hand due to rapid loss of value. Every day became a struggle from shortages of foodstuffs, collapse of services, bank queues, as well a salary that could not keep up with inflation. The writer also gives the life and economic lessons learned, which can be useful to other countries navigating similar economic minefields. It ends with a positive outlook for the country and the hope that the Jewel of Africa (Zimbabwe) will sparkle again given its educated and competent human capital, abundant and rich mineral fields, tourist attractions, rich agricultural lands aided by a favorable climate, as well as, recently, a change of leadership.
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The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of “value investing”—which shields investors from substantial error and teaches them to develop long-term strategies—has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham’s strategies. While preserving the integrity of Graham’s original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today’s market, draws parallels between Graham’s examples and today’s financial headlines, and gives readers a more thorough understanding of how to apply Graham’s principles. Vital and indispensable, The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
This is the classic exposé of the Fed that has become one of the best-selling books in its category of all time. Where does money come from? Where does it go? Who makes it? The money magician's secrets are unveiled. Here is a close look at their mirrors and smoke machines, the pulleys, cogs, and wheels that create the grand illusion called money. A boring subject? Just wait. You'll be hooked in five minutes. It reads like a detective story - which it really is, but it's all true. This book is about the most blatant scam of history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Your world view will definitely change. Putting it quite simply, this may be the most important book on world affairs you will ever read. The 5th Edition includes a no-holds barred analysis of bank bailouts that are shown to be nothing less than legalized plunder of the people. Many other updates have been added, including a revision to the list of those who attended the historic meeting at Jekyll Island where the Federal Reserve was created.
Already famous throughout Europe, this international bestseller plumbs recently opened archives in the former Soviet bloc to reveal the actual, practical accomplishments of Communism around the world: terror, torture, famine, mass deportations, and massacres. Astonishing in the sheer detail it amasses, the book is the first comprehensive attempt to catalogue and analyze the crimes of Communism over seventy years. "Revolutions, like trees, must be judged by their fruit," Ignazio Silone wrote, and this is the standard the authors apply to the Communist experience―in the China of "the Great Helmsman," Kim Il Sung's Korea, Vietnam under "Uncle Ho" and Cuba under Castro, Ethiopia under Mengistu, Angola under Neto, and Afghanistan under Najibullah. The authors, all distinguished scholars based in Europe, document Communist crimes against humanity, but also crimes against national and universal culture, from Stalin's destruction of hundreds of churches in Moscow to Ceausescu's leveling of the historic heart of Bucharest to the widescale devastation visited on Chinese culture by Mao's Red Guards. As the death toll mounts―as many as 25 million in the former Soviet Union, 65 million in China, 1.7 million in Cambodia, and on and on―the authors systematically show how and why, wherever the millenarian ideology of Communism was established, it quickly led to crime, terror, and repression. An extraordinary accounting, this book amply documents the unparalleled position and significance of Communism in the hierarchy of violence that is the history of the twentieth century.
Written in the same year that he testified before the Currency Commission in Austria-Hungary, and published in English in 1892, Carl Menger explains that it is not government edicts that create money but instead the marketplace. Individuals decide what the most marketable good is for use as a medium of exchange. “Man himself is the beginning and the end of every economy,” Menger wrote, and so it is with deciding what is to be traded as money."Money has not been generated by law. In its origin it is a social, and not a state institution. Sanction by the authority of the state is a notion alien to it. "This is the first time this essay has been in print in more than a century!Introduction by Doug French
Ethereum represents the gateway to a worldwide, decentralized computing paradigm. This platform enables you to run decentralized applications (DApps) and smart contracts that have no central points of failure or control, integrate with a payment network, and operate on an open blockchain. With this practical guide, Andreas M. Antonopoulos and Gavin Wood provide everything you need to know about building smart contracts and DApps on Ethereum and other virtual-machine blockchains. Discover why IBM, Microsoft, NASDAQ, and hundreds of other organizations are experimenting with Ethereum. This essential guide shows you how to develop the skills necessary to be an innovator in this growing and exciting new industry. * Run an Ethereum client, create and transmit basic transactions, and program smart contracts * Learn the essentials of public key cryptography, hashes, and digital signatures * Understand how "wallets" hold digital keys that control funds and smart contracts * Interact with Ethereum clients programmatically using JavaScript libraries and Remote Procedure Call interfaces * Learn security best practices, design patterns, and anti-patterns with real-world examples * Create tokens that represent assets, shares, votes, or access control rights * Build decentralized applications using multiple peer-to-peer (P2P) components
2021 Hardcover Reprint of the 1949 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. "Human Action: A Treatise on Economics" is the first comprehensive treatise on economics written by a leading member of the modern Austrian school of economics. Von Mises' contribution was very simple, yet at the same time extremely profound: he pointed out that the whole economy is the result of what individuals do. Individuals act, choose, cooperate, compete, and trade with one another. In this way Mises explained how complex market phenomena develop. Mises did not simply describe economic phenomena - prices, wages, interest rates, money, monopoly and even the trade cycle - he explained them as the outcomes of countless conscious, purposeful actions, choices, and preferences of individuals, each of whom was trying as best as he or she could under the circumstances to attain various wants and ends and to avoid undesired consequences. Hence the title Mises chose for his economic treatise, "Human Action."
This classic text is annotated to update Graham's timeless wisdom for today's market conditions... The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles. Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.
Called by H. L. Mencken, one of the few economists in history who could really write, Henry Hazlitt achieved lasting fame for this brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession. Covering considerable ground, Hazlitt illustrates the destructive effects of taxes, rent and price controls, inflation, trade restrictions, and minimum-wage laws. He also writes about key classical liberal thinkers like John Locke, Adam Smith, Thomas Jefferson, John Stuart Mill, Alexis de Tocqueville, and Herbert Spencer.
Are you ready to take your productivity to new heights with the power of artificial intelligence? Look no further than "The Ultimate Guide to ChatGPT" by Percival C. Verena! In this comprehensive guide, you'll gain a deep understanding of prompt engineering and how to leverage the cutting-edge language model ChatGPT, developed by OpenAI, to unleash your full potential. You'll learn how to use ChatGPT to boost your creativity, solve complex problems, and supercharge your workflow. With easy-to-follow explanations and practical examples, "The Ultimate Guide to ChatGPT" is perfect for anyone, whether you're a student, researcher, or professional. Here are just a few of the amazing benefits you'll get from this must-have handbook: * Discover the Secrets of Prompt Engineering: You'll gain a deep understanding of the foundations of prompt engineering and learn how it is shaping the future of AI. * Learn How to Craft Effective Prompts: You'll master the art of creating prompts that yield the best results, allowing you to unleash the full power of ChatGPT. * Optimize Your Workflow: You'll learn how to integrate ChatGPT into your workflow and make the most of your AI-powered tools to streamline your work processes. * Avoid Common Pitfalls: You'll get expert advice on how to avoid common mistakes when working with ChatGPT and ensure that you get the most out of this powerful tool. * Take Your AI Skills to the Next Level: You'll learn how to unlock the full potential of AI and apply your skills to any field, giving you a competitive edge in today's fast-paced world. Don't miss out on this opportunity to become an AI master. "The Ultimate Guide to ChatGPT" is the ultimate resource for anyone looking to harness the power of artificial intelligence to improve their productivity and achieve their goals. CLICK THE "ADD TO CART" BUTTON TO GET YOUR COPY OF "THE ULTIMATE GUIDE TO CHATGPT" TODAY AND START UNLOCKING THE FULL POTENTIAL OF AI!
The world's top trader's reveal the secrets of their phenomenal success! How do the world's most successful traders amass tens, hundreds of millions of dollars a year? Are they masters of an occult knowledge, lucky winners in a random market lottery, natural-born virtuosi―Mozarts of the markets? In search of an answer, bestselling author Jack D. Schwager interviewed dozens of top traders across most financial markets. While their responses differed in the details, all of them could be boiled down to the same essential formula: solid methodology + proper mental attitude = trading success. In Market Wizards Schwager lets you hear, in their own words, what those super-traders had to say about their unprecedented successes, and he distils their responses down into a set of guiding principles you can use to become a trading star in your own right. * Features interviews with superstar money-makers including Bruce Kovner, Richard Dennis, Paul Tudor Jones, Michel Steinhardt, Ed Seykota, Marty Schwartz, Tom Baldwin, and more * Tells the true stories behind sensational trading coups, including the one about the trader who turned $30,000 into $80 million, the hedge fund manager who's averaged 30% returns every year for the past twenty-one years, and the T-bond futures trader who parlayed $25,000 into $2 billion in a single day! "Market Wizards is one of the most fascinating books ever written about Wall Street. A few of the 'Wizards' are my friends―and Jack Schwager has nailed their modus operandi on the head." --Martin W. Zweig, Ph.D., Editor, The Zweig Forecast