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Broadcasting in Japan: Challenges and Opportunities (Advances in Information and Communication Research #5)

by Hitoshi Mitomo Mikio Kimura

This book provides an analysis of the various challenges and opportunities facing the Japanese broadcasting industry. It is the first book in English that explores how Japanese broadcasting, especially commercial broadcasting, fulfills its social mission under the threat of the increased popularity of Internet-based media services as it reexamines the role and nature of broadcasting. During a series of disasters and the spread of the new coronavirus in Japan, while varied media connected people and supported socio-economic activities, broadcasting continued to be the most trusted. However, as Internet media attract increasing attention, the trend in broadcast viewership is downward. Commercial broadcasting, in particular, will be strongly affected by that trend and the impact of the shrinking population. Recognizing that such dramatic technological and environmental changes are under way, in addition to the eleven researchers participating in the visiting researcher committee at the Research Institute of the Japan Commercial Broadcasters Association (JBA), four research collaborators and the secretariat (director of the JBA) have contributed to this book. They have taken up issues related to challenges and opportunities for the broadcasting industry based on their respective areas of awareness of the problems, including policies for broadcasting, fake news, disaster responses, viewer trust in television programs, competition with Internet-based services, and the business model for broadcasting.

Broadening Cultural Horizons in Social Marketing: Comparing Case Studies from Asia-Pacific

by Rachel Hay Lynne Eagle Abhishek Bhati

This book presents a series of empirically based case studies conducted by social change scholars from Asia-Pacific, showcasing the latest social marketing approaches geared at improving societal well-being in the region. Cutting across cultural perspectives, the contents gather ideas on social marketing campaigns and strategies from around the region and use these case studies as a platform to address concomitant challenges in employing marketing tools to positively change social behaviour. The selection of case studies covers and compares aspects of public health and well-being, and public environmental consciousness in terms of driving attitudes towards implementing improved sustainability in developing and developed countries. Drawing on related policies and legislation, and examining social behaviour at the individual, community, and organisational levels, the authors propose innovative new methods in social marketing and social change research. The book is of interest to researchers and practitioners in social marketing, business ethics, behavioural science, public health, and development studies.

Broadening Our Knowledge on Cluster Evolution

by Dirk Fornahl, Robert Hassink and Max-Peter Menzel

Although clusters are regarded as important elements in economic development, the strong focus in the literature on the way clusters function is contrasted with a disregard for their evolutionary development: how clusters actually become clusters, how and why they decline, and how they shift into new fields and transform over time. Although recently new cluster life cycle approaches emerged, both empirical evidence and theoretical contributions on this topic are still limited. This book therefore contributes to broadening our knowledge on the life cycle and evolution of clusters both empirically and theoretically. It contains chapters on inter-firm relations as drivers of cluster transformation, as well as chapters on the heterogeneity of firms and firm capabilities during cluster evolution and on the role of institutions in stimulating the emergence and growth of clusters. Case-studies stem from different industries and technologies, such as biogas, film and television, new media and medical technologies, and from different countries, such as Sweden, Austria, Switzerland and South Korea. All chapters underline that cluster evolution does not only depend on internal dynamics, but that external relations are an integral part of cluster dynamics. This book was previously published as a special issue of European Planning Studies.

Broadening Our Knowledge on Cluster Evolution

by Dirk Fornahl Robert Hassink Max-Peter Menzel

Although clusters are regarded as important elements in economic development, the strong focus in the literature on the way clusters function is contrasted with a disregard for their evolutionary development: how clusters actually become clusters, how and why they decline, and how they shift into new fields and transform over time. Although recently new cluster life cycle approaches emerged, both empirical evidence and theoretical contributions on this topic are still limited. This book therefore contributes to broadening our knowledge on the life cycle and evolution of clusters both empirically and theoretically. It contains chapters on inter-firm relations as drivers of cluster transformation, as well as chapters on the heterogeneity of firms and firm capabilities during cluster evolution and on the role of institutions in stimulating the emergence and growth of clusters. Case-studies stem from different industries and technologies, such as biogas, film and television, new media and medical technologies, and from different countries, such as Sweden, Austria, Switzerland and South Korea. All chapters underline that cluster evolution does not only depend on internal dynamics, but that external relations are an integral part of cluster dynamics. This book was previously published as a special issue of European Planning Studies.

Broadway and Economics: Economic Lessons from Show Tunes (Routledge Economics and Popular Culture Series)

by Matthew C. Rousu

Economics has often been described as "the dismal science," with TV and movies reinforcing this description. However, economics is a powerful tool that can be used to understand how the world works, helping to answer confusing puzzles and solve the world’s problems. Surprisingly, Broadway musicals are an excellent way to show this. Musicals tell engaging stories through song and many are rich with economic concepts. This book analyzes 161 songs from 90 musicals to explore what they can teach us about supply and demand, monetary policy and numerous other core economic concepts. While some songs have an obvious connection to economics, other connections may seem less apparent. When you hear "Let it Go" from Frozen, does your mind think about a firm’s production decisions? After reading this book, it will. Whether showing how Hamilton can illustrate concepts of central banking, or how "Stars" from Les Miserables provides a perfect example of inelastic demand, the author presents complicated topics in an understandable and entertaining way. Featuring classic songs from some of the most popular shows ever produced, along with some hidden gems, Broadway and Economics will be of interest to anybody studying an introductory economics course as well as theatre aficionados.

Broadway and Economics: Economic Lessons from Show Tunes (Routledge Economics and Popular Culture Series)

by Matthew C. Rousu

Economics has often been described as "the dismal science," with TV and movies reinforcing this description. However, economics is a powerful tool that can be used to understand how the world works, helping to answer confusing puzzles and solve the world’s problems. Surprisingly, Broadway musicals are an excellent way to show this. Musicals tell engaging stories through song and many are rich with economic concepts. This book analyzes 161 songs from 90 musicals to explore what they can teach us about supply and demand, monetary policy and numerous other core economic concepts. While some songs have an obvious connection to economics, other connections may seem less apparent. When you hear "Let it Go" from Frozen, does your mind think about a firm’s production decisions? After reading this book, it will. Whether showing how Hamilton can illustrate concepts of central banking, or how "Stars" from Les Miserables provides a perfect example of inelastic demand, the author presents complicated topics in an understandable and entertaining way. Featuring classic songs from some of the most popular shows ever produced, along with some hidden gems, Broadway and Economics will be of interest to anybody studying an introductory economics course as well as theatre aficionados.

Broke: The Racial Consequences of Underfunding Public Universities

by Laura T. Hamilton Kelly Nielsen

Public research universities were previously able to provide excellent education to white families thanks to healthy government funding. However, that funding has all but dried up in recent decades as historically underrepresented students have gained greater access, and now less prestigious public universities face major economic challenges. In Broke, Laura T. Hamilton and Kelly Nielsen examine virtually all aspects of campus life to show how the new economic order in public universities, particularly at two campuses in the renowned University of California system, affects students. For most of the twentieth century, they show, less affluent families of color paid with their taxes for wealthy white students to attend universities where their own offspring were not welcome. That changed as a subset of public research universities, some quite old, opted for a “new” approach, making racially and economically marginalized youth the lifeblood of the university. These new universities, however, have been particularly hard hit by austerity. To survive, they’ve had to adapt, finding new ways to secure funding and trim costs—but ultimately it’s their students who pay the price, in decreased services and inadequate infrastructure. ​ The rise of new universities is a reminder that a world-class education for all is possible. Broke shows us how far we are from that ideal and sets out a path for how we could get there.

Broke: The Racial Consequences of Underfunding Public Universities

by Laura T. Hamilton Kelly Nielsen

Public research universities were previously able to provide excellent education to white families thanks to healthy government funding. However, that funding has all but dried up in recent decades as historically underrepresented students have gained greater access, and now less prestigious public universities face major economic challenges. In Broke, Laura T. Hamilton and Kelly Nielsen examine virtually all aspects of campus life to show how the new economic order in public universities, particularly at two campuses in the renowned University of California system, affects students. For most of the twentieth century, they show, less affluent families of color paid with their taxes for wealthy white students to attend universities where their own offspring were not welcome. That changed as a subset of public research universities, some quite old, opted for a “new” approach, making racially and economically marginalized youth the lifeblood of the university. These new universities, however, have been particularly hard hit by austerity. To survive, they’ve had to adapt, finding new ways to secure funding and trim costs—but ultimately it’s their students who pay the price, in decreased services and inadequate infrastructure. ​ The rise of new universities is a reminder that a world-class education for all is possible. Broke shows us how far we are from that ideal and sets out a path for how we could get there.

Broke: What Every American Business Must Do to Restore Our Financial Stability and Protect Our Future

by John Mumford

What principled business leaders can do to solve America's current financial crisis Broke is a startling wake-up call for America and an honest accounting of what our future holds if we don't take charge and change our country for the better. If the business of America is business, then it's up to our business leaders to solve the mess we're in. Broke offers practical, nonpolitical, and nonpartisan solutions that every business leader can implement today for a better tomorrow. Whether you operate a giant corporation or a local small business, you'll find practical steps to limit future risks, strengthen every business, stabilize the current economy, and help turn the country around. Author John Mumford has spent decades helping business leaders turn around failing companies. Now, he helps them to turn around a failing country. Presents bold initiatives and concrete steps every business leader can use to create a better future-for their businesses and for the country Includes practical, actionable steps for every business leader who wants to build for the future, while preserving the best of his or her existing enterprise. Shows how business leaders can contribute to the solutions for our problems concerning public debt, the environment, and international relations Offers a turnaround plan for the country ideal for use by the U.S. Chamber of Commerce, small business organizations, non-profits and others as the centerpiece of a 2010 campaign for America's turnaround Endorsed by current and former CEO's, top business school leaders, former governors and senators, and leading journalists Desperate times call for creative, effective measures, not desperation. If you're a business leader, here's how you can do your part.

Broke: What Every American Business Must Do to Restore Our Financial Stability and Protect Our Future

by John Mumford

What principled business leaders can do to solve America's current financial crisis Broke is a startling wake-up call for America and an honest accounting of what our future holds if we don't take charge and change our country for the better. If the business of America is business, then it's up to our business leaders to solve the mess we're in. Broke offers practical, nonpolitical, and nonpartisan solutions that every business leader can implement today for a better tomorrow. Whether you operate a giant corporation or a local small business, you'll find practical steps to limit future risks, strengthen every business, stabilize the current economy, and help turn the country around. Author John Mumford has spent decades helping business leaders turn around failing companies. Now, he helps them to turn around a failing country. Presents bold initiatives and concrete steps every business leader can use to create a better future-for their businesses and for the country Includes practical, actionable steps for every business leader who wants to build for the future, while preserving the best of his or her existing enterprise. Shows how business leaders can contribute to the solutions for our problems concerning public debt, the environment, and international relations Offers a turnaround plan for the country ideal for use by the U.S. Chamber of Commerce, small business organizations, non-profits and others as the centerpiece of a 2010 campaign for America's turnaround Endorsed by current and former CEO's, top business school leaders, former governors and senators, and leading journalists Desperate times call for creative, effective measures, not desperation. If you're a business leader, here's how you can do your part.

Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street

by Kathleen Day

A history of major financial crises—and how taxpayers have been left with the bill In the 1930s, battered and humbled by the Great Depression, the U.S. financial sector struck a grand bargain with the federal government. Bankers gained a safety net in exchange for certain curbs on their freedom: transparency rules, record-keeping and antifraud measures, and fiduciary responsibilities. Despite subsequent periodic changes in these regulations, the underlying bargain played a major role in preserving the stability of the financial markets as well as the larger economy. By the free-market era of the 1980s and 90s, however, Wall Street argued that rules embodied in New Deal–era regulations to protect consumers and ultimately taxpayers were no longer needed—and government agreed. This engaging history documents the country’s financial crises, focusing on those of the 1920s, the 1980s, and the 2000s, and reveals how the two more recent crises arose from the neglect of this fundamental bargain, and how taxpayers have been left with the bill.

Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry

by Barry B. LePatner

Across the nation, construction projects large and small—from hospitals to schools to simple home improvements—are spiraling out of control. Delays and cost overruns have come to seem “normal,” even as they drain our wallets and send our blood pressure skyrocketing. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America’s sole remaining “mom and pop” industry—an industry that consumes $1.23 trillion and wastes at least $120 billion each year. With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has firsthand knowledge of the bad management, ineffective supervision, and insufficient investment in technology that plagues the risk-averse construction industry. In an engaging and direct style, he here pinpoints the issues that underlie the industry’s woes while providing practical tips for anyone in the business of building, including advice on the precise language owners should use during contract negotiations. Armed with Broken Buildings, Busted Budgets, everyone involved in the purchase or renovation of a building or any structure—from homeowners seeking to remodel to civic developers embarking on large-scale projects—has the information they need to change this antiquated industry, one project at a time. “LePatner describes what is wrong with the current system and suggests ways that architects can help—by retaking their rightful place as master builders.”—Fred A. Bernstein, Architect Magazine “Every now and then, a major construction project is completed on time and on budget. Everyone is amazed. . . . Barry LePatner thinks this exception should become the rule. . . . A swift kick to the construction industry.”—James R. Hagerty, Wall Street Journal

Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry

by Barry B. LePatner

Across the nation, construction projects large and small—from hospitals to schools to simple home improvements—are spiraling out of control. Delays and cost overruns have come to seem “normal,” even as they drain our wallets and send our blood pressure skyrocketing. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America’s sole remaining “mom and pop” industry—an industry that consumes $1.23 trillion and wastes at least $120 billion each year. With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has firsthand knowledge of the bad management, ineffective supervision, and insufficient investment in technology that plagues the risk-averse construction industry. In an engaging and direct style, he here pinpoints the issues that underlie the industry’s woes while providing practical tips for anyone in the business of building, including advice on the precise language owners should use during contract negotiations. Armed with Broken Buildings, Busted Budgets, everyone involved in the purchase or renovation of a building or any structure—from homeowners seeking to remodel to civic developers embarking on large-scale projects—has the information they need to change this antiquated industry, one project at a time. “LePatner describes what is wrong with the current system and suggests ways that architects can help—by retaking their rightful place as master builders.”—Fred A. Bernstein, Architect Magazine “Every now and then, a major construction project is completed on time and on budget. Everyone is amazed. . . . Barry LePatner thinks this exception should become the rule. . . . A swift kick to the construction industry.”—James R. Hagerty, Wall Street Journal

Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry

by Barry B. LePatner

Across the nation, construction projects large and small—from hospitals to schools to simple home improvements—are spiraling out of control. Delays and cost overruns have come to seem “normal,” even as they drain our wallets and send our blood pressure skyrocketing. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America’s sole remaining “mom and pop” industry—an industry that consumes $1.23 trillion and wastes at least $120 billion each year. With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has firsthand knowledge of the bad management, ineffective supervision, and insufficient investment in technology that plagues the risk-averse construction industry. In an engaging and direct style, he here pinpoints the issues that underlie the industry’s woes while providing practical tips for anyone in the business of building, including advice on the precise language owners should use during contract negotiations. Armed with Broken Buildings, Busted Budgets, everyone involved in the purchase or renovation of a building or any structure—from homeowners seeking to remodel to civic developers embarking on large-scale projects—has the information they need to change this antiquated industry, one project at a time. “LePatner describes what is wrong with the current system and suggests ways that architects can help—by retaking their rightful place as master builders.”—Fred A. Bernstein, Architect Magazine “Every now and then, a major construction project is completed on time and on budget. Everyone is amazed. . . . Barry LePatner thinks this exception should become the rule. . . . A swift kick to the construction industry.”—James R. Hagerty, Wall Street Journal

Broken Business: 7 Schritte, um Unternehmenskrisen und Skandale zu managen

by Jose Hernandez

Facebook, Volkswagen, FIFA, Lehman Bros., Shell, Deutsche Bank, Panama Papers ... Die Nachrichten sind vollgepackt mit Geschichten über Unternehmensskandale, Korruption und Missetaten. Der Bedarf an effektivem Krisenmanagement und Unternehmensführungsstrategien war noch nie so groß wie heute. Warum kommen gute Unternehmen ins Straucheln? Warum passieren Unternehmensskandale so oft? Sind Korruption und Fehlverhalten im Geschäftsleben unvermeidlich? Und was können Unternehmer auf einer pragmatischeren Ebene dagegen tun? Was können sie tun, um ihre Unternehmen bei Skandalen zu retten, oder was können sie tun, um Skandale überhaupt zu vermeiden? Das Buch bietet praxisnahe Anekdoten und Lösungen und beschreibt, wie Unternehmen das Risiko von Skandalen mindern, das Unternehmensimage reformieren und Strukturen installieren können, um ein ethischeres und profitableres Unternehmen zu schaffen. "Broken Business" vertreibt gängige Fehleinschätzungen von unternehmerischem Fehlverhalten und seinen Ursachen durch die faszinierende Erforschung der menschlichen Natur und überzeugendes Storytelling, das grundlegende Fehler in der Unternehmenskultur aufzeigt. Der Autor José Hernandez stützt sich dabei auf seine jahrzehntelange Erfahrung in der Zusammenarbeit mit renommierten globalen Unternehmen, um sieben wesentliche Schritte für die Transformation eines Unternehmens darzustellen, darunter den Aufbau einer besseren Kultur, effektivere Compliance-Systeme und die Neuausrichtung der Strategie.

Broken Code: Inside Facebook and the fight to expose its toxic secrets

by Jeff Horwitz

'A penetrating portrait of one of the most significant companies in the world' Ronan Farrow, author of Catch and Kill'With the skill of an award-winning journalist, Horwitz details the inner workings of the tech giant and their outcomes...A must-read.' Scott Galloway, bestselling author of The Four Facebook had a problem. Along with its sister platforms Instagram and WhatsApp, it was a daily destination for billions of users around the world, extolling its products for connecting people. But as a succession of scandals rocked Facebook from 2016, some began to question whether the company could control, or even understood, its own platforms.As Facebook employees searched for answers, what they uncovered was worse than they could've imagined. The problems ran far deeper than politics. Facebook was peddling and amplifying anger, looking the other way at human trafficking, enabling drug cartels and authoritarians and allowing VIP users to break the platform's supposedly inviolable rules.It turned out to be eminently possible to isolate many of Facebook's worst problems, but whenever employees offered solutions their work was consistently delayed, watered down or stifled by a company that valued user engagement above all else. The only option left was to blow the whistle.In Broken Code, award-winning Wall Street Journal reporter Jeff Horwitz tells the riveting inside story of these employees and their explosive discoveries, uncovering the shocking cost of Facebook's blind ambition in the process.

Broken Glass, Broken Class: Transformations of Work in Bulgaria (Max Planck Studies in Anthropology and Economy #12)

by Dimitra Kofti

Based on a long-term study of the everyday postsocialist politics of labour in the wider context of intense socio-economic transformation in Bulgaria, this book tells the story of the flexibilization of production, the precaritization of work, shifting managerial practices, and ways in which people with different employment statuses live and work together. The ethnography starts with the rapidly moving conveyor belt of a glass factory, where a variety of global and local forces and workers’ divisions meet, and analyses how inequalities are reproduced both at the production site and back home.

Broken Glass, Broken Class: Transformations of Work in Bulgaria (Max Planck Studies in Anthropology and Economy #12)

by Dimitra Kofti

Based on a long-term study of the everyday postsocialist politics of labour in the wider context of intense socio-economic transformation in Bulgaria, this book tells the story of the flexibilization of production, the precaritization of work, shifting managerial practices, and ways in which people with different employment statuses live and work together. The ethnography starts with the rapidly moving conveyor belt of a glass factory, where a variety of global and local forces and workers’ divisions meet, and analyses how inequalities are reproduced both at the production site and back home.

Broken Glass, Broken Class: Transformations of Work in Bulgaria (Max Planck Studies in Anthropology and Economy #12)

by Dimitra Kofti

Based on a long-term study of the everyday postsocialist politics of labour in the wider context of intense socio-economic transformation in Bulgaria, this book tells the story of the flexibilization of production, the precaritization of work, shifting managerial practices, and ways in which people with different employment statuses live and work together. The ethnography starts with the rapidly moving conveyor belt of a glass factory, where a variety of global and local forces and workers’ divisions meet, and analyses how inequalities are reproduced both at the production site and back home.

Broken Heartlands: A Journey Through Labour's Lost England

by Sebastian Payne

'A must-read for anyone who wants to understand England today' - Robert PestonBroken Heartlands is an essential and compelling political road-trip through ten constituencies that tell the story of Labour’s red wall from Sebastian Payne – an award-winning journalist and Whitehall Editor for the Financial Times.Historically, the red wall formed the backbone of Labour’s vote in the Midlands and the North of England but, during the 2019 general election, it dramatically turned Conservative for the first time in living memory, redrawing the electoral map in the process.Originally from the North East himself, Payne sets out to uncover the real story behind the red wall and what turned these seats blue. Beginning in Blyth Valley in the North East and ending in Burnley, with visits to constituencies across the Midlands and Yorkshire along the way, Payne gets to the heart of a key political story of our time that will have ramifications for years to come.While Brexit and the unpopularity of opposition leader Jeremy Corbyn are factors, there is a more nuanced story explored in Broken Heartlands – of how these northern communities have fared through generational shifts, struggling public services, de-industrialization and the changing nature of work. Featuring interviews with local people, plus major political figures from both parties – including Boris Johnson and Sir Keir Starmer – Payne explores the significant role these social and economic forces, decades in the making, have played in this fundamental upheaval of the British political landscape.'Broken Heartlands is the product of rich reporting on the ground . . . Payne tells many stories of many places and people with affection and respect, to weave a picture of the changing political fabric of England' - Laura Kuenssberg

Broken Ladders: Managerial Careers in the New Economy

by Paul Osterman

Broken Ladders: Managerial Careers in the New Economy provides the first comprehensive view of how the careers of managers in organizations are changing. Broken Ladders reports on the employment security, advancement prospects, skills, and wages of managers in a wide range of firms and industries. These cases show that one myth--that the number of managers is declining--is wrong. But the job tenure of middle managers is more precarious. They can no longer expect steady promotions up the ladder, nor can they expect life-time employment with the same firm. New organizational designs demand new skills from managers and Broken Ladders describes what these are. On another front, managerial pay has not declined at the same rate as other workers. However, the pay gap between senior and middle managers has widened. Given job insecurity and growing pay inequality firms confront a difficult dilemma: how to maintain the commitment of their managers at the same time that the employers are reducing their commitment to their employees. Broken Ladders will be of interest to scholars and students in the fields of human resources, labor economics, career development, and organizational behavior. It will also be important reading for managers and strategic planners who have to take account of the changing nature of employment.

Broken Markets: A User's Guide to the Post-Finance Economy

by Kevin Mellyn

"I would sleep better if I knew that Bernanke, Geithner, Bachus, Sen. Tim Johnson, Obama and Romney all kept dog-eared copies of Kevin Mellyn's Broken Markets on their nightstands. . . . Mellyn's work is a fascinating, important, and eminently good read and should inform the debate on overhauling the U.S. and global financial regulatory systems and sustainable macro fiscal and monetary policy." --Eric Grover, in his review of Broken Markets in The American Banker Broken Markets allows the intelligent non-specialist to understand and navigate the ongoing worldwide aftermath of the 2008 financial market meltdown. The key theme of the book is how the leading financial institutions and the political leadership of the U.S. and European Union have failed us and set the stage for continued market turmoil. It explains what this means for investors, borrowers, society in general, and the financial-services industry. Former banker Kevin Mellyn focuses on providing readers with clear and simple explanations of the forces at work and the potential consequences for their future prosperity. As this book makes clear, what’s coming is a world in which high structural unemployment and flat or declining real income is likely—not to mention a diminished retirement financial safety net. The book therefore provides actionable information for protecting wealth and making prudent investment decisions in an economy that is nothing like the one that has sustained us for decades. As a forward-looking narrative about rapidly changing events and volatile markets and politics, Broken Markets will provide no single prediction about the future but rather describe alternative scenarios and provide the reader with signposts to watch out for in deciding which reality is actually unfolding. Unlike most books written by journalists on global finance, the scenarios and signposts described will be largely based on the lessons of financial and political history rather than breaking news. This book: Tells you in plain language how today’s financial system threatens your livelihood and wealth Tells you why and how governments worldwide, with some notable exceptions, are taking actions likely to make things worse instead of better Explains how the leading financial institutions lost their way during the bubble years and how they can find the path back to prosperity and value to society Tells you what life will be like in a “post-finance” economy and how you can protect your wealth

Broken Pie Chart: 5 Ways to Build Your Investment Portfolio to Withstand and Prosper in Risky Markets

by Derek Moore

Investment outcomes and strategies have changed considerably since 2008. Broken Pie Chart demonstrates the failures of classical diversification and asset allocation, pointing out that the backward-looking methods used by traditional financial professionals will not work moving forward. Derek Moore explains why traditional risk-spreading leads to losses during sell-off periods, and contains risks that many investors do not recognize until it is too late. He also reflects on the changes in the financial market since the global financial crisis, and how these changes may affect your asset allocation and risk management decision-making in a landscape of lower rates and higher risks. With this work, readers can take a fresh look at their portfolios by identifying the emerging asset classes that will lead to investment success, using effective financial strategies to enhance their position, and placing smart floors, hedges and buffers to minimize risk.

Broken Pie Chart: 5 Ways to Build Your Investment Portfolio to Withstand and Prosper in Risky Markets

by Derek Moore

Investment outcomes and strategies have changed considerably since 2008. Broken Pie Chart demonstrates the failures of classical diversification and asset allocation, pointing out that the backward-looking methods used by traditional financial professionals will not work moving forward. Derek Moore explains why traditional risk-spreading leads to losses during sell-off periods, and contains risks that many investors do not recognize until it is too late. He also reflects on the changes in the financial market since the global financial crisis, and how these changes may affect your asset allocation and risk management decision-making in a landscape of lower rates and higher risks. With this work, readers can take a fresh look at their portfolios by identifying the emerging asset classes that will lead to investment success, using effective financial strategies to enhance their position, and placing smart floors, hedges and buffers to minimize risk.

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