In the beginning was Josh Levine, an idealistic programming genius who dreamed of wresting control of the market from the big exchanges that, again and again, gave the giant institutions an advantage over the little guy. Levine created a computerized trading hub named "Island" where small traders swapped stocks, and over time his invention morphed into a global electronic stock market that sent trillions in capital through a vast jungle of fiber-optic cables.
"Definitive history on Electronic Trading"
By the winner of the 1988 Nobel Prize in Economics, an essential and paradigm-altering framework for understanding economic development - for both rich and poor - in the 21st century. Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities.
"Absolutely indispensable yet tough to digest"
In his latest foray into mathematics, David Berlinski takes on the simplest questions that can be asked: What is a number? How do addition, subtraction, multiplication, and division actually work? What are geometry and logic? As he delves into these subjects, he discovers and lucidly describes the beauty and complexity behind their seemingly simple exteriors, making clear how and why these mercurial, often slippery concepts are essential to who we are.
"A combination of banal, confusing, and dull"
On the afternoon of September 8, 1900, 200-mile-per-hour winds and 15-foot waves slammed into Galveston, the prosperous and growing port city on Texas' Gulf Coast. By dawn the next day, when the storm had passed, the city that had existed just hours before was gone. Shattered, grief-stricken survivors emerged to witness a level of destruction never before seen: 8,000 corpses littered the streets and were buried under the massive wreckage.
Dark Pools is the pacy, revealing, and profoundly chilling tale of how global markets have been hijacked by trading robots - many so self-directed that humans can’t predict what they’ll do next. It’s the story of the blisteringly intelligent computer programmers behind the rise of these ‘bots’. And it’s a timely warning that as artificial intelligence gradually takes over, we could be on the verge of global meltdown.
The Large Hadron Collider is the biggest, and by far the most powerful, machine ever built. A project of CERN, the European Organization for Nuclear Research, its audacious purpose is to re-create, in a 16.5-mile-long circular tunnel under the French-Swiss countryside, the immensely hot and dense conditions that existed some 13.7 billion years ago within the first trillionth of a second after the fiery birth of our universe.
"Fascinating, at times goes too fast to follow"
How did the newspaper, music, and film industries go from raking in big bucks to scooping up digital dimes? Their customers were lured away by the free ride of technology. Now, business journalist Robert Levine shows how they can get back on track. On the Internet, “information wants to be free.” This memorable phrase shaped the online business model, but it is now driving the media companies on whom the digital industry feeds out of business. Today, newspaper stocks have fallen to all-time lows as papers are pressured to give away content, music sales have fallen by more than half....
Over the last few decades, Washington's firmly held belief that if you make investors happy, a booming economy will follow has caused an economic crisis in Asia, hardship in Latin America, and now a severe recession in America and Europe. How did the best and brightest of our time allow this to happen? Why have these disasters done nothing to change the free-market mantra of the Washington faithful?
While many readers may have heard of Kabbalah in recent years, how many understand the origins and unique perspective of this collection of Jewish mystical beliefs? Handed down in the oral tradition for thousands of years and transcribed in fourteenth-century Spain, the Kabbalah is the classical expression of Jewish mysticism. This collection draws from the main work of Kabbalah and offers insight into the great body of Hebrew literature that sprang up and grew parallel to the traditional writings of rabbinical literature.
Blaine Graham lost his mother at the tender age of 11. Grief over the loss drove a wedge between him and his father, and soon proved too difficult for him to deal with. At the age of 16, he falsified his papers and made the trip across the border into Canada with his best friend to join the Royal Canadian Air Force and enter the war in Europe as a pilot. Ten years later Captain Graham finds himself flying commercial jets in Boston - his estranged father and his past life all but forgotten, until the day he receives a telegram from his dying father asking him to come home.
Where do journalists find the guts to keep telling the truth in places where truth-telling will get them murdered? Organizations such as the Committee to Protect Journalists and Reporters sans frontières bring us the death toll from around the world, and that number is truly daunting: since 1992 more than 730 journalists have been killed - nearly three-quarters of them targeted and murdered. Over 85% of the fallen have been local journalists trying to unveil violence and corruption in their own back yards. Worse, 95% of the people who ordered their murder remain unpunished.