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Friday, November 13, 2009

Start-up nation : the story of Israel's economic miracle

by Dan Senor. Hampered by an Arab nation boycott that makes regional trade impossible and endowed with precious little by way of natural resources, Israel has beaten the odds to become a major player in the global business world, especially in the technology sector. With the highest number of startups per capita of any nation in the world and massive venture capital investment, Israel is one of the world's entrepreneurship hubs. Senor, senior fellow at the Council on Foreign Relations, and Singer (Confronting Jihad) track Israel's economic prowess using a number of factors, including the social networks and leadership training provided by Israel's mandatory military and reserve service, a culture of critique fostered by centuries of Jewish tradition and an open immigration policy for Jews that continually restocks Israel's population with motivated people from around the world-all of which foster a business climate in which risk is embraced and good ideas are given a chance to grow. The authors ground their analysis in case studies and interviews with some of Israel's most brilliant innovators to make this a rich and insightful read not just for business leaders and policy makers but for anyone curious about contemporary Israeli culture.

Tuesday, November 10, 2009

Superfreakonomics : global cooling, patriotic prostitutes, and why suicide bombers should buy life insurance

by Steven D. Levitt. Economist Levitt and journalist Dubner capitalize on their megaselling Freakonomics with another effort to make the dismal science go gonzo. Freaky topics include the oldest profession (hookers charge less nowadays because the sexual revolution has produced so much free competition), money-hungry monkeys (yep, that involves prostitution, too) and the dunderheadedness of Al Gore. There's not much substance to the authors' project of applying economics to all of life. Their method is to notice some contrarian statistic (adult seat belts are as effective as child-safety seats in preventing car-crash fatalities in children older than two), turn it into "economics" by tacking on a perfunctory cost-benefit analysis (seat belts are cheaper and more convenient) and append a libertarian sermonette (governments "tend to prefer the costly-and-cumbersome route"). The point of these lessons is to bolster the economist's view of people as rational actors, altruism as an illusion and government regulation as a folly of unintended consequences. The intellectual content is pretty thin, but it's spiked with the crowd-pleasing provocations-"`A pimp's services are considerably more valuable than a realtor's'" -that spell bestseller. --Publisher's Weekly. (Check Catalog)

Thursday, November 5, 2009

First comes love, then comes money : a couple's guide to financial communication

by Scott Palmer. Happy Couples Know How to Talk About MoneyThe number one cause for divorce is financial infidelity. Now "The Money Couple" reveals the missing ingredient needed before any financial program or plan can work: healthy financial communication. This book tells you how to: Diagnose your level of financial infidelity Identify your individual Money Personality Master the Money Huddle and the Money Dump Achieve financial goals once and for all. (Check Catalog)

Tuesday, November 3, 2009

Jim Cramer's getting back to even

by Jim Cramer. James J. Cramer is the cofounder of thestreet.com, an on-line financial publication. After earning undergraduate and law degrees from Harvard, he joined Goldman, Sachs & Co., where he worked in the Private Client Services unit. In 1987 he founded Cramer, Berkowitz & Co., a private hedge fund he ran until 2000. He hosts a daily one-hour national radio show, "Real Money." He lives in Summit, New Jersey. (Check Catalog)

Tuesday, October 27, 2009

The management myth : why the experts keep getting it wrong

by Matthew Stewart. Stewart (The Courtier and the Heretic) reflects on his unconventional path to becoming a successful management consultant-despite a complete lack of business knowledge or experience, let alone an MBA. He offers an insider's perspective on the industry, revealing the astonishingly high routine consultant fees and the absurdity of leading firms depending on consultants fresh out of school to tell them how to run their business. Following in the footsteps of "shamans," consultants "envelop their work with an aura of sacred mystery" and "outrageously unjustified" levels of self-confidence to add to their perceived expertise. Gleefully revealing the magician's tricks, Stewart takes readers on a whirlwind tour of how this industry came to be a powerhouse. Filled with fascinating insider anecdotes and featuring a who's who in the consulting world, including Peter Drucker, Michael Porter and Bruce Henderson, this wry, absorbing book will enlighten executives about the value consultants actually bring to their clients. -Publisher's Weekly. (Check Catalog)

Friday, October 9, 2009

Profits aren't everything, they're the only thing : no-nonsense rules from the ultimate contrarian and small business guru

by George Cloutier. This slim but forceful debut by turnaround management expert Cloutier serves as a wakeup call for small business owners who have been hit hard by the recession. Don't blame the economy, he writes. Recession or no recession, if your small business is failing, it's your fault! Cloutier dishes out tough love in pithy chapters that introduce his 15 Profit Rules (e.g., Love your Business More than Your Family, The Best Family Business Has One Member and Teamwork Is Vastly Overrated). While Cloutier's provocative pronouncements seem designed for maximum shock value, each rule relies on practical business principles: maintain tight controls, pay for performance and focus on sales at all times. This blunt work will not be for the timid business owner afraid to re-evaluate operations, planning, compensation or family dynamics. For those ready to focus on profits, though, Cloutier's book is loaded with valuable advice on how to get back on track and stay in the black in any economic environment. by Publisher's Weekly. (Check Catalog)

Thursday, October 1, 2009

In cheap we trust : the story of a misunderstood American virtue

by Lauren Weber. This splendid, timely history and apologia corrects any misplaced nostalgia for a simpler, thriftier age. Business journalist Weber demonstrates that, from the Puritan settlers to today's economic stimulus measures, America has endured continual cycles of thrift and consumption, an endless battle for behavioral dominance between saving and spending. Among expected topics (wars, the Great Depression, industrial advances, and the explosion of consumer credit), she makes interesting forays into the origins of savings banks, the field of home economics, and the checkered history of National Thrift Week. The final third of the book includes a macroeconomic argument for increased savings and a collection of chapters on the voluntary simplicity and freegan movements, the psychology of frugality, and suggestions for learning the art of thrift. While this may seem a bit of a mishmash, the book is thematically consistent and convincing. VERDICT Weber manages, with panache, to combine a socioeconomic historical exploration that is readable and fun for the lay reader and a thoughtful defense of frugality that doesn't succumb to preachiness. For a sobering, supply-side view of the consumerist conundrum, pair this with Ellen Ruppel Shell's differently themed Cheap: The High Cost of Discount Culture. —Library Journal (Check Catalog)