A groundbreaking examination of wealth disparity, income inequality, and the new global eliteThere has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation--as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.What’s changed is more than numbers. Today, most colossal fortunes are new, not inherited--amassed by perceptive businessmen who see themselves as deserving victors in a cut-throat international competition. As a transglobal class of successful professionals, today’s self-made oligarchs often feel they have more in common with one another than with their countrymen back home. Bringing together the economics and psychology of these new super-rich, Plutocrats puts us inside a league very much of its own, with its own rules.The closest mirror to our own time is the late nineteenth century Gilded Age--the era of powerful ‘robber barons’ like Andrew Carnegie and John D. Rockefeller. Then as now, emerging markets and innovative technologies collided to produce unprecedented wealth for more people than ever in human history. Yet those at the very top benefited far more than others--and from this pinnacle they exercised immense and unchecked power in their countries. Today’s closest analogue to these robber barons can be found in the turbulent economies of India, Brazil, and China, all home to ferocious market competition and political turmoil. But wealth, corruption, and populism are no longer constrained by national borders, so this new Gilded Age is already transforming the economics of the West as well. Plutocrats demonstrates how social upheavals generated by the first Gilded Age may pale in comparison to what is in store for us, as the wealth of the entire globalized world is concentrated in fewer and fewer hands.Cracking open the tight-knit world of the new global super-rich is Chrystia Freeland, an acclaimed business journalist who has spent nearly two decades reporting on the new transglobal elite. She parses an internal Citigroup memo that urges clients to design portfolios around the international “Plutonomy” and not the national “rest”; follows Russian, Mexican, and Indian oligarchs during the privatization boom as they manipulate the levers of power to commandeer their local economies; breaks down the gender divide between the vast female-managed ‘middle class’ and the world’s one thousand billionaires; shows how, by controlling both the economic and political institutions of their nation, the richest members of China’s National People’s Congress have amassed more wealth than every branch of American government combined--the president, his cabinet, the justices of the Supreme Court, and both houses of Congress.Though the results can be shocking, Freeland dissects the lives of the world’s wealthiest individuals with empathy, intelligence, and deep insight. Brightly written, powerfully researched, and propelled by fascinating original interviews with the plutocrats themselves, Plutocrats is a tour-de-force of social and economic history, and the definitive examination of inequality in our time.Review“Rising inequality is one of the most pressing issues of our time. Chrystia Freeland's Plutocrats provides us with a glimpse of the lives of America's elites and a disquieting look at the society that produces them. This well-written and lively account is a good primer for anyone who wants to understand one extreme of America today." --Joseph Stiglitz, author of The Price of Inequality; University Professor, Columbia University Mix crisp economics, ripe history, and two pinches of salty gossip, and you have the flavor of Chrystia Freeland’s entertaining book. From the opulent Bradley Martin ball of 1897 to its modern echoes in Sun Valley and Davos, Plutocrats chronicles the habits of the workaholic overclass—its taste for British public schools, its immodest philanthropy, its fundamental rootlessness. Even as she describes this gilded tribe, Freeland advances a paradoxical warning. Open societies may allow super-achievers to pile up extraordinary riches—and to feel that they have more or less deserved them. But the more these meritocrats succeed, the more likely they are to entrench their own offspring at the top of the heap, negating the very meritocracy that afforded them their chances. Already in the United States, graduating from college is more closely linked to having wealthy parents than to grades in high school. When class matters more than going to class, Freeland’s message must be treated with the utmost seriousness. --Sebastian Mallaby, author of *More Money than God: Hedge Funds and the Making of a New Elite*Our world increasingly revolves around global elites who not only have an oversized effect on our politics but also set the trends and furnish us with the dominant discourse. In this delightful book, Chrystia Freeland tells the story of how we got here and what distinguishes our elites from those of previous epochs. Most importantly, she explains why the elites' dominance, even when it appears benign, is a challenge to our institutions and gives us clues about how we can overcome it. --Daron Acemoglu, co-author of Why Nations Fail; economics professor, Massachusetts Institute of Technology“The world’s wealthy elite are more wealthy, more knit together, more separate from their fellow citizens and probably more powerful than ever before. This very important book describes their lives and more important how their lives affect all of ours. It should be read by anyone concerned with how their world is being shaped and how it will evolve.” --Lawrence Summers, Former U.S. Treasury Secretary; Charles W. Eliot , University Professor, Harvard University Chrystia Freeland has written a fascinating account of perhaps the most important economic and political development of our era: the rise of a new plutocracy. She explains that today’s wealthy are different from their predecessors: more skilled and more global; and more often employees than owners, notably so in finance and high technology. By putting together stories of individuals with reading of the scholarly evidence, she gives us a clear view of what many will view as a not so brave new world. --Martin Wolf, Chief Economics Commentator for the *Financial Times*About the AuthorCHRYSTIA FREELAND is the Editor of Thomson Reuters Digital, following years of service at the Financial Times both in New York and London. She was the deputy editor of Canada’s The Globe and Mail and has reported for the Financial Times, The Economist, and The Washington Post. Freeland’s last book was Sale of a Century: The Inside Story of the Second Russian Revolution. She lives in New York City.blogs.reuters.com/chrystia-freelandtwitter.com/#!/cafreeland Views: 36
Were you a sherbet lemon or chocolate lime fan? Soft chewy ones or hard boiled sweeties (you do get more for your money that way)? The jangle of your pocket money . . . the rustle of the pink and green striped paper bag . . .
Rosie Hopkins thinks leaving her busy London life, and her boyfriend Gerard, to sort out her elderly Aunt Lilian s sweetshop in a small country village is going to be dull. Boy, is she wrong.
Lilian Hopkins has spent her life running Lipton s sweetshop, through wartime and family feuds. As she struggles with the idea that it might finally be time to settle up, she also wrestles with the secret history hidden behind the jars of beautifully coloured sweets.
Welcome to Rosie Hopkins Sweetshop of Dreams, a novel, with recipes. Views: 36
During World War II, a German agent landed in Canada from a U-boat. Curtis Parkinson has used this true historical event to tell a fast-paced, exciting story. Sixteen-year-old Scott and his friend Adam find summer jobs as deckhands on the Rapids Prince, a ship that plies the waters between the town of Prescott, on the St. Lawrence River, and Montreal. Scott overhears convincing information that a German agent is actually on board the boat. He has a good reason for not telling anybody, but his silence eventually leads him into more trouble than he can imagine, including a possible murder and a kidnapping. It is up to the boys to expose the agent in order to save the Rapids Prince and the innocent passengers on board. Curtis Parkinson has written an impossible-to-put-down novel that combines history with high adventure.From the Trade Paperback edition. Views: 36
Sadie Hoffmiller has relocated from Colorado to Santa Fe, New Mexico, and is starting a new job as an informant for the Bureau of Land Management on an archeological site. The sun and dirt blocks her initial excitement about the job, but she makes the best of it, using her baking prowess to help her gather background information on her fellow dirt geeks. Being in the middle of nowhere and digging up artifacts from hundreds of years ago is supposed to keep Sadie out of trouble until recent burials are found on the ancient site. Before Sadie knows it, she s arrested for starting a bar fight, a new friend is missing, and she s worn out her welcome in Santa Fe in more ways than one. But when a trip to the annual hot air balloon fiesta in Albuquerque leads to even more danger, she begins to wonder if she ll ever be safe . . . from herself.About the AuthorJosi S. Kilpack is the author of several novels, including the award-winning mystery, Sheep s Clothing. She was born and raised in Salt Lake City and now lives with her husband, Lee, and their children in Willard, Utah. She loves to read and write, bake delicious confections, and garden. Views: 36
Taking what is rightfully hisEndless tabloid coverage has left Reiko Kagawa with way too much information about art dealer Damion Fortier's legendary playboy exploits—everyone knows he's renowned for leaving a wake of broken hearts across Europe's most glamorous destinations!Reiko knows she has two things Damion wants: the first, a priceless painting and Fortier heirloom. The second, her seriously off-limits body! And she has no intention of giving him access to either.Damion isn't used to beautiful women scorning his advances, so it's definitely time to turn his lethal charm up one last notch to ensure he gets exactly what he wants
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