Digs beneath the usually invoked capitalistic thinkers of Smith and Marx to other intellectuals over the years who have added to the dialogue of talki..Show More »ng about Capitalism. The lectures also go beyond the economic and political impacts to discussions on the impact on family dynamics.
A decent review of economic issues today but hard to get past the datedness of this being a lecture from 2007 on economics on the brink of the fall. T..Show More »he lecturer talks about how rock solid the economy was felt to be and heralded 10 years of solid growth ahead as seen by a survey of top Economists. Proof of how much 20/20 hindsight is bunk.
I hope this professor will produce something newer, as I would be very interested in his post-2008 take on things. He mixes statistics (such as per ca..Show More »pita GDP compared betwen countries, and changes in that over time) with the narrative history effectively. I wouldn't say I was stunned by any bit of information, but I was pleased with the overall walk-through, which sharpened my knowledge. He did have some very interesting stats and conjectures about what has and particularly hasn't worked in Africa and the Middle East. He works his way around the entire planet, and major economy-shaping events of the last several decades. In mid-2008, delivering this lecture series, he seemed to have underestimated how bad things were going to get. But that is true of most people, including most economists. His voice sometimes takes on a bit of an urgent or intense tone that can be slightly grating. But it is not significant, and wouldn't stop me from listening through this course (or others by him). I understand he has a lot to say in a compressed amount of time. I also enjoyed his global economic history of the 20th century.
This lecture series does what academics do best for me (full disclosure, I am one): based on much painstaking background work (invisible to the listen..Show More »er), the professor puts together plain, clear explanations, and a map, in effect, of what the parts are, how they work, and why they are this way. (Thus some parts may be obvious to the listener, but the overall content is very good.) Meanwhile, the technical terminology is built right in. A critical point is, the professor does not have an axe to grind, a hidden agenda. I have heard and read countless explanations since 2008 of banking, finance, Great Recession, the history, etc., from politicians, authors, news, etc., in which (1) the fundamental concepts are not made clear, and (2) the speaker/writer starts right in with a biased, often emotion-laden, simplistic "explanation" designed merely to manipulate the listener, mostly because there is a hidden interest somewhere: getting election/power, selling splashy books, etc. The listener can come away "feeling smart," and perhaps in a suitable emotive huff of anger at the supposed "bad guys," without ever learning a reasonable amount about the underlying business / topic. THIS audio is the antidote. To paraphrase Hendrix: learn before you burn. The prof uses generally smaller words, and speaks in a slower cadence, than some others, which I appreciate, as this fits well with listening while doing another activity like driving, or my endless hikes (sometimes while reacting to traffic, etc.). I am able to mix all this together and come out with good comprehension, without a lot of rewinds.
This work is clear, well-structured, well-paced, and understandable. It moves fluidly between practical pointers (sometimes checklist-like, with nice..Show More » summaries) and examples that keep it moving nicely. I admire the work of a professor who has obviously invested plenty of time, thought and experience into making such a crafted and polished product. I have read other books in this area (most recently "Guide to Decision Making" by H. Drummond here at audible), and I do like to sample around, but this one for me is head and shoulders above anything I've seen. Plugging these suggestions in to current decisions (alone or with others) makes me feel more like I am flying with "instruments" versus guessing with gaping (unknown) blind spots. Yet, the approach is not "paint by numbers:" good human reckoning is still required, but augmented with the assistance of various guides, reminders and prompts along the way. I'm sure I will listen through this one again.
It just so happens I am a grad student in a business leadership program in the midwest. Since we are off for the summer I was looking for something to..Show More » help keep me from getting rusty, so I've been listening to this course while driving back and forth to work.
I prefer the half hour format per lecture (my drive is about that length). While not as in depth as the individual courses I've taken so far, as one would expect the perspective is slightly different from those presented by my professors and the case studies are different from the ones we discussed in class giving me the opportunity to digest the content in a more nuanced manner.
I have read many books that weave in and out of this topic, but it is nice to hear a decade-by-decade walk-through. It is detail-rich (for a fast over..Show More »view from 30,000 feet, as the saying goes), with good meaningful stats blended in, all delivered in a fast cadence by the professor. Note, Glass-Steagal was still in effect when this was produced, making it between 10 and 15 years old. Thus, the kinds of reflections and additional insights that might have appeared based on lessons we have learned since then is not there. But, that wasn't my goal here anyway. I am SO happy audible acquired this series! My wish list is stuffed with them.
This recording gives a very good overview of the current state of what it predicts will be the 3 most important economies over the coming century. The..Show More » authour presents a balanced narrative with a short history of each of these 3 economies and predictions about what is likely to happen in the future.
The narration is delivered by the authour and is interesting and easy to listen to. If I have any gripe about the book, it is that I was left wanting more.