-
The Problem of Twelve
- When a Few Financial Institutions Control Everything
- Narrated by: Sean Patrick Hopkins
- Length: 4 hrs and 11 mins
Failed to add items
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Prime members: New to Audible?Get 2 free audiobooks during trial.
The Problem of Twelve
Buy for $11.25
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
Listeners also enjoyed...
-
Taming the Street
- The Old Guard, the New Deal, and FDR's Fight to Regulate American Capitalism
- By: Diana B. Henriques
- Narrated by: Karen Murray
- Length: 16 hrs and 6 mins
- Unabridged
-
Overall4.5 out of 5 stars 2
-
Performance5 out of 5 stars 2
-
Story4 out of 5 stars 2
Taming the Street describes how President Franklin D. Roosevelt battled to regulate Wall Street in the wake of the 1929 stock market crash and the ensuing Great Depression. With deep reporting and vivid storytelling, Diana B. Henriques takes listeners back to a time when America’s financial landscape was a jungle ruled by the titans of vast wealth, largely unrestrained by government. Roosevelt ran for office in 1932 vowing to curb that ruthless capitalism and make the world of finance safer for ordinary savers and investors.
-
4 out of 5 stars
-
Regulation Nation
- By Smalls on 02-10-24
-
Economics in America
- An Immigrant Economist Explores the Land of Inequality
- By: Angus Deaton
- Narrated by: Angus Deaton
- Length: 8 hrs and 38 mins
- Unabridged
-
Overall4.5 out of 5 stars 13
-
Performance4 out of 5 stars 13
-
Story4 out of 5 stars 13
When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America’s strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our times—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system—and narrates Deaton’s own account of his experiences as a naturalized US citizen and academic economist.
-
5 out of 5 stars
-
Perspective on interplay of economics and politics
- By JillT on 02-02-24
By: Angus Deaton
-
Number Go Up
- Inside Crypto's Wild Rise and Staggering Fall
- By: Zeke Faux
- Narrated by: Dan Bittner
- Length: 9 hrs and 12 mins
- Unabridged
-
Overall4.5 out of 5 stars 455
-
Performance5 out of 5 stars 395
-
Story4.5 out of 5 stars 395
As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world’s new financial machinery.
-
5 out of 5 stars
-
Phenomenal story
- By Michael on 10-05-23
By: Zeke Faux
-
Going Infinite
- The Rise and Fall of a New Tycoon
- By: Michael Lewis
- Narrated by: Michael Lewis
- Length: 8 hrs and 56 mins
- Unabridged
-
Overall4 out of 5 stars 1,764
-
Performance4.5 out of 5 stars 1,603
-
Story4 out of 5 stars 1,601
When Michael Lewis first met him, Sam Bankman-Fried was the world’s youngest billionaire and crypto’s Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side? In Going Infinite Lewis sets out to answer this question, taking listeners into the mind of Bankman-Fried.
-
1 out of 5 stars
-
really expected more rigor from Michael Lewis
- By Wowhello on 10-04-23
By: Michael Lewis
-
Elon Musk
- By: Walter Isaacson
- Narrated by: Jeremy Bobb, Walter Isaacson
- Length: 20 hrs and 39 mins
- Unabridged
-
Overall5 out of 5 stars 6,480
-
Performance5 out of 5 stars 5,764
-
Story5 out of 5 stars 5,758
When Elon Musk was a kid in South Africa, he was regularly beaten by bullies. One day a group pushed him down some concrete steps and kicked him until his face was a swollen ball of flesh. He was in the hospital for a week. But the physical scars were minor compared to the emotional ones inflicted by his father, an engineer, rogue, and charismatic fantasist.
-
4 out of 5 stars
-
megalomania on display
- By JP on 09-12-23
By: Walter Isaacson
-
Determined
- A Science of Life Without Free Will
- By: Robert M. Sapolsky
- Narrated by: Kaleo Griffith
- Length: 14 hrs and 5 mins
- Unabridged
-
Overall4.5 out of 5 stars 512
-
Performance4.5 out of 5 stars 473
-
Story4.5 out of 5 stars 473
Robert Sapolsky’s Behave, his now classic account of why humans do good and why they do bad, pointed toward an unsettling conclusion: We may not grasp the precise marriage of nature and nurture that creates the physics and chemistry at the base of human behavior, but that doesn’t mean it doesn’t exist. Now, in Determined, Sapolsky takes his argument all the way, mounting a brilliant (and in his inimitable way, delightful) full-frontal assault on the pleasant fantasy that there is some separate self telling our biology what to do.
-
4 out of 5 stars
-
Abridged - no Appendix!
- By Amazon Customer on 11-02-23
-
Taming the Street
- The Old Guard, the New Deal, and FDR's Fight to Regulate American Capitalism
- By: Diana B. Henriques
- Narrated by: Karen Murray
- Length: 16 hrs and 6 mins
- Unabridged
-
Overall4.5 out of 5 stars 2
-
Performance5 out of 5 stars 2
-
Story4 out of 5 stars 2
Taming the Street describes how President Franklin D. Roosevelt battled to regulate Wall Street in the wake of the 1929 stock market crash and the ensuing Great Depression. With deep reporting and vivid storytelling, Diana B. Henriques takes listeners back to a time when America’s financial landscape was a jungle ruled by the titans of vast wealth, largely unrestrained by government. Roosevelt ran for office in 1932 vowing to curb that ruthless capitalism and make the world of finance safer for ordinary savers and investors.
-
4 out of 5 stars
-
Regulation Nation
- By Smalls on 02-10-24
-
Economics in America
- An Immigrant Economist Explores the Land of Inequality
- By: Angus Deaton
- Narrated by: Angus Deaton
- Length: 8 hrs and 38 mins
- Unabridged
-
Overall4.5 out of 5 stars 13
-
Performance4 out of 5 stars 13
-
Story4 out of 5 stars 13
When economist Angus Deaton immigrated to the United States from Britain in the early 1980s, he was awed by America’s strengths and shocked by the extraordinary gaps he witnessed between people. Economics in America explains in clear terms how the field of economics addresses the most pressing issues of our times—from poverty, retirement, and the minimum wage to the ravages of the nation’s uniquely disastrous health care system—and narrates Deaton’s own account of his experiences as a naturalized US citizen and academic economist.
-
5 out of 5 stars
-
Perspective on interplay of economics and politics
- By JillT on 02-02-24
By: Angus Deaton
-
Number Go Up
- Inside Crypto's Wild Rise and Staggering Fall
- By: Zeke Faux
- Narrated by: Dan Bittner
- Length: 9 hrs and 12 mins
- Unabridged
-
Overall4.5 out of 5 stars 455
-
Performance5 out of 5 stars 395
-
Story4.5 out of 5 stars 395
As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world’s new financial machinery.
-
5 out of 5 stars
-
Phenomenal story
- By Michael on 10-05-23
By: Zeke Faux
-
Going Infinite
- The Rise and Fall of a New Tycoon
- By: Michael Lewis
- Narrated by: Michael Lewis
- Length: 8 hrs and 56 mins
- Unabridged
-
Overall4 out of 5 stars 1,764
-
Performance4.5 out of 5 stars 1,603
-
Story4 out of 5 stars 1,601
When Michael Lewis first met him, Sam Bankman-Fried was the world’s youngest billionaire and crypto’s Gatsby. CEOs, celebrities, and leaders of small countries all vied for his time and cash after he catapulted, practically overnight, onto the Forbes billionaire list. Who was this rumpled guy in cargo shorts and limp white socks, whose eyes twitched across Zoom meetings as he played video games on the side? In Going Infinite Lewis sets out to answer this question, taking listeners into the mind of Bankman-Fried.
-
1 out of 5 stars
-
really expected more rigor from Michael Lewis
- By Wowhello on 10-04-23
By: Michael Lewis
-
Elon Musk
- By: Walter Isaacson
- Narrated by: Jeremy Bobb, Walter Isaacson
- Length: 20 hrs and 39 mins
- Unabridged
-
Overall5 out of 5 stars 6,480
-
Performance5 out of 5 stars 5,764
-
Story5 out of 5 stars 5,758
When Elon Musk was a kid in South Africa, he was regularly beaten by bullies. One day a group pushed him down some concrete steps and kicked him until his face was a swollen ball of flesh. He was in the hospital for a week. But the physical scars were minor compared to the emotional ones inflicted by his father, an engineer, rogue, and charismatic fantasist.
-
4 out of 5 stars
-
megalomania on display
- By JP on 09-12-23
By: Walter Isaacson
-
Determined
- A Science of Life Without Free Will
- By: Robert M. Sapolsky
- Narrated by: Kaleo Griffith
- Length: 14 hrs and 5 mins
- Unabridged
-
Overall4.5 out of 5 stars 512
-
Performance4.5 out of 5 stars 473
-
Story4.5 out of 5 stars 473
Robert Sapolsky’s Behave, his now classic account of why humans do good and why they do bad, pointed toward an unsettling conclusion: We may not grasp the precise marriage of nature and nurture that creates the physics and chemistry at the base of human behavior, but that doesn’t mean it doesn’t exist. Now, in Determined, Sapolsky takes his argument all the way, mounting a brilliant (and in his inimitable way, delightful) full-frontal assault on the pleasant fantasy that there is some separate self telling our biology what to do.
-
4 out of 5 stars
-
Abridged - no Appendix!
- By Amazon Customer on 11-02-23
-
The Rigor of Angels
- Borges, Heisenberg, Kant, and the Ultimate Nature of Reality
- By: William Egginton
- Narrated by: David Glass
- Length: 10 hrs and 14 mins
- Unabridged
-
Overall4.5 out of 5 stars 70
-
Performance4.5 out of 5 stars 65
-
Story4.5 out of 5 stars 65
Argentine poet Jorge Luis Borges was madly in love when his life was shattered by painful heartbreak. But the breakdown that followed illuminated an incontrovertible truth—that love is necessarily imbued with loss, that the one doesn’t exist without the other. German physicist Werner Heisenberg was fighting with the scientific establishment on the meaning of the quantum realm’s absurdity when he had his own epiphany—that there is no such thing as a complete, perfect description of reality.
-
4 out of 5 stars
-
The most ridiculous narration
- By Anonymous User on 03-07-24
By: William Egginton
-
Collision of Power
- Trump, Bezos, and the Washington Post
- By: Martin Baron
- Narrated by: Liev Schreiber
- Length: 16 hrs and 32 mins
- Unabridged
-
Overall5 out of 5 stars 98
-
Performance5 out of 5 stars 89
-
Story5 out of 5 stars 89
Marty Baron took charge of The Washington Post newsroom in 2013, after nearly a dozen years leading The Boston Globe. Just seven months into his new job, Baron received explosive news: Jeff Bezos, the founder of Amazon, would buy the Post, marking a sudden end to control by the venerated family that had presided over the paper for 80 years. Just over two years later, Donald Trump won the presidency.
-
5 out of 5 stars
-
Interesting insight
- By Amazon Customer on 10-08-23
By: Martin Baron
-
The Times
- How the Newspaper of Record Survived Scandal, Scorn, and the Transformation of Journalism
- By: Adam Nagourney
- Narrated by: Robert Petkoff
- Length: 18 hrs and 53 mins
- Unabridged
-
Overall4.5 out of 5 stars 37
-
Performance5 out of 5 stars 34
-
Story4.5 out of 5 stars 34
For over a century, The New York Times has been an iconic institution in American journalism, one whose history is intertwined with the events that it chronicles—a newspaper read by millions of people every day to stay informed about events that have taken place across the globe. In The Times, Adam Nagourney, who’s worked at The New York Times since 1996, examines four decades of the newspaper’s history, from the final years of Arthur “Punch” Sulzberger’s reign as publisher to the election of Donald Trump in November 2016.
-
5 out of 5 stars
-
Excellent, enormously insightful!
- By Larry Kaufman on 10-31-23
By: Adam Nagourney
-
The Coming Wave
- Technology, Power, and the Twenty-First Century's Greatest Dilemma
- By: Mustafa Suleyman, Michael Bhaskar - contributor
- Narrated by: Mustafa Suleyman
- Length: 11 hrs and 48 mins
- Unabridged
-
Overall4.5 out of 5 stars 544
-
Performance4.5 out of 5 stars 493
-
Story4.5 out of 5 stars 492
We are approaching a critical threshold in the history of our species. Soon you will live surrounded by AIs. They will organize your life, operate your business, and run core government services. You will live in a world of DNA printers and quantum computers, engineered pathogens and autonomous weapons, robot assistants and abundant energy. None of us are prepared. As co-founder of the pioneering AI company DeepMind, Mustafa Suleyman has been at the center of this revolution. The coming decade, he argues, will be defined by this wave of powerful, fast-proliferating new technologies.
-
2 out of 5 stars
-
Click bait
- By Buyer on 09-11-23
By: Mustafa Suleyman, and others
-
Tyranny of the Minority
- Why American Democracy Reached the Breaking Point
- By: Steven Levitsky, Daniel Ziblatt
- Narrated by: Fred Sanders
- Length: 8 hrs and 49 mins
- Unabridged
-
Overall5 out of 5 stars 198
-
Performance5 out of 5 stars 180
-
Story5 out of 5 stars 180
America is undergoing a massive experiment: It is moving, in fits and starts, toward a multiracial democracy, something few societies have ever done. But the prospect of change has sparked an authoritarian backlash that threatens the very foundations of our political system. Why is democracy under assault here, and not in other wealthy, diversifying nations? And what can we do to save it?
-
5 out of 5 stars
-
Tyranny of the Minority
- By orders on 10-07-23
By: Steven Levitsky, and others
-
Same as Ever
- A Guide to What Never Changes
- By: Morgan Housel
- Narrated by: Chris Hill
- Length: 5 hrs and 46 mins
- Unabridged
-
Overall4.5 out of 5 stars 699
-
Performance5 out of 5 stars 651
-
Story4.5 out of 5 stars 651
Every investment plan under the sun is, at best, an informed speculation of what may happen in the future, based on a systematic extrapolation from the known past. Same as Ever reverses the process, inviting us to identify the many things that never, ever change. With his usual elan, Morgan Housel presents a master class on optimizing risk, seizing opportunity, and living your best life. Through a sequence of engaging stories and pithy examples, he shows how we can use our newfound grasp of the unchanging to see around corners.
-
3 out of 5 stars
-
Beautifully Succinct Summary of Others Original Ideas
- By Mitch on 11-09-23
By: Morgan Housel
-
A Day in the Life of Abed Salama
- Anatomy of a Jerusalem Tragedy
- By: Nathan Thrall
- Narrated by: Peter Ganim
- Length: 6 hrs and 44 mins
- Unabridged
-
Overall5 out of 5 stars 90
-
Performance5 out of 5 stars 82
-
Story4.5 out of 5 stars 82
Five-year-old Milad Salama is excited for a school trip to a theme park on the outskirts of Jerusalem. On the way, his bus collides with a semitrailer. His father, Abed, gets word of the crash and rushes to the site. The scene is chaos—the children have been taken to different hospitals in Jerusalem and the West Bank; some are missing, others cannot be identified. Abed sets off on an odyssey to learn Milad’s fate. It is every parent’s worst nightmare, but for Abed it is compounded by the maze of physical, emotional, and bureaucratic obstacles he must navigate because he is Palestinian.
-
5 out of 5 stars
-
We Must Look Deeper into this Struggle
- By Amazon Customer on 10-22-23
By: Nathan Thrall
-
American Gun
- The True Story of the AR-15 Rifle
- By: Cameron McWhirter, Zusha Elinson
- Narrated by: Roger Wayne
- Length: 14 hrs and 46 mins
- Unabridged
-
Overall4 out of 5 stars 26
-
Performance4.5 out of 5 stars 24
-
Story4 out of 5 stars 24
In the 1950s, an obsessive firearms designer named Eugene Stoner invented the AR-15 rifle in a California garage. High-minded and patriotic, Stoner sought to devise a lightweight, easy-to-use weapon that could replace the M1s touted by soldiers in World War II. What he did create was a lethal handheld icon of the American century.
-
5 out of 5 stars
-
Don't Look Away
- By Mike on 10-31-23
By: Cameron McWhirter, and others
-
The Fall
- The End of Fox News and the Murdoch Dynasty
- By: Michael Wolff
- Narrated by: Michael Wolff - introduction, Holter Graham
- Length: 10 hrs and 32 mins
- Unabridged
-
Overall4.5 out of 5 stars 86
-
Performance4.5 out of 5 stars 72
-
Story4.5 out of 5 stars 72
For almost three decades, Fox News has not only made political careers (see: President Donald J. Trump) but also fundamentally altered the political landscape of the United States. It is a truism: as Fox goes, so goes the nation—into further divisiveness and awash in fake news, a gleefully polarizing company. But just as Fox has pushed America apart, now it too is coming apart. As is the family dynasty behind it.
-
5 out of 5 stars
-
Terrific rundown of Fox
- By Iread on 10-05-23
By: Michael Wolff
-
The Conspiracy to End America
- Five Ways My Old Party Is Driving Our Democracy to Autocracy
- By: Stuart Stevens
- Narrated by: Jeff Bottoms
- Length: 5 hrs and 53 mins
- Unabridged
-
Overall5 out of 5 stars 153
-
Performance5 out of 5 stars 140
-
Story5 out of 5 stars 140
Today’s Republican party is not a “normal” political party in the American tradition. It has become an autocratic movement masquerading as a political party. As Stuart Stevens argues in The Conspiracy to End America, if we look away from that truth, we greatly increase the likelihood that the America we love will slip away, never to return.
-
5 out of 5 stars
-
Required Reading
- By Arturo Zendejas on 10-27-23
By: Stuart Stevens
-
The Right Kind of Wrong
- By: Amy C. Edmondson
- Narrated by: Kathe Mazur
- Length: 11 hrs and 10 mins
- Unabridged
-
Overall4.5 out of 5 stars 61
-
Performance4.5 out of 5 stars 56
-
Story4.5 out of 5 stars 56
We used to think of failure as the opposite of success. Now, we’re often torn between two “failure cultures”: one that says to avoid failure at all costs, the other that says fail fast, fail often. The trouble is that both approaches lack the crucial distinctions to help us separate good failure from bad. As a result, we miss the opportunity to fail well.
-
3 out of 5 stars
-
Very pop psy
- By Student-prime on 09-28-23
By: Amy C. Edmondson
-
The Parrot and the Igloo
- Climate and the Science of Denial
- By: David Lipsky
- Narrated by: Mike Chamberlain
- Length: 18 hrs and 46 mins
- Unabridged
-
Overall4.5 out of 5 stars 28
-
Performance5 out of 5 stars 21
-
Story4.5 out of 5 stars 21
In 1956, the New York Times prophesied that once global warming really kicked in, we could see parrots in the Antarctic. In 2010, when science deniers had control of the climate story, Senator James Inhofe and his family built an igloo on the Washington Mall and plunked a sign on top: AL GORE'S NEW HOME: HONK IF YOU LOVE CLIMATE CHANGE. In The Parrot and the Igloo, bestselling author David Lipsky tells the astonishing story of how we moved from one extreme (the correct one) to the other.
-
5 out of 5 stars
-
Depressing
- By Watch Hill on 08-13-23
By: David Lipsky
Publisher's summary
The forces behind an economic crisis in the making
A “problem of twelve” arises when a small number of institutions acquire the means to exert outsized influence over the politics and economy of a nation. The Big Three index funds of Vanguard, State Street, and BlackRock control more than twenty percent of the votes of S&P 500 companies—a concentration of power that’s unprecedented in America.
Then there’s the rise of private equity funds such as the Big Four of Apollo, Blackstone, Carlyle and KKR, which has amassed $2.7 trillion of assets, and are eroding the legitimacy and accountability of American capitalism, not by controlling public companies, but by taking them over entirely, and removing them from the government’s regulation.
What can be done to check this level of power? Harvard law professor John Coates argues that only politics can fight the problem of twelve.
* This audiobook edition includes a downloadable PDF that contains charts and illustrations from the book.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
More from the same
Related to this topic
-
Battle for the Soul of Capitalism
- By: John C. Bogle
- Narrated by: Stefan Rudnicki
- Length: 9 hrs and 16 mins
- Abridged
-
Overall4 out of 5 stars 91
-
Performance4.5 out of 5 stars 41
-
Story4.5 out of 5 stars 40
There is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John C. Bogle, founder and former chief executive of the Vanguard mutual-fund group. This legendary mutual-fund pioneer has witnessed firsthand the innermost workings of the financial industry for more than 50 years and has set the standards for sound investment strategies and stewardship.
-
4 out of 5 stars
-
Do You Own a Mutual Fund?
- By M. Kettell on 02-02-08
By: John C. Bogle
-
Other People's Money
- The Real Business of Finance
- By: John Kay
- Narrated by: Walter Dixon
- Length: 11 hrs and 54 mins
- Unabridged
-
Overall4 out of 5 stars 228
-
Performance4 out of 5 stars 178
-
Story4 out of 5 stars 181
The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.
-
5 out of 5 stars
-
Listened twice. Everyone must read this.
- By Tristan on 01-18-16
By: John Kay
-
13 Bankers
- The Wall Street Takeover and the Next Financial Meltdown
- By: Simon Johnson, James Kwak
- Narrated by: Erik Synnestvedt
- Length: 8 hrs and 59 mins
- Unabridged
-
Overall4 out of 5 stars 254
-
Performance4 out of 5 stars 99
-
Story4 out of 5 stars 101
Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage.
-
5 out of 5 stars
-
Easy to Understand and Comprehend
- By Kyle on 04-11-10
By: Simon Johnson, and others
-
A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
-
Overall4.5 out of 5 stars 64
-
Performance4.5 out of 5 stars 52
-
Story4.5 out of 5 stars 50
Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
-
4 out of 5 stars
-
Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
-
Fault Lines
- How Hidden Fractures Still Threaten the World's Economy
- By: Raghuram Rajan
- Narrated by: Richard Davidson
- Length: 12 hrs and 58 mins
- Unabridged
-
Overall4 out of 5 stars 147
-
Performance4.5 out of 5 stars 79
-
Story4.5 out of 5 stars 82
Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.
-
1 out of 5 stars
-
A REAL SNOOZER
- By Frank on 12-02-10
By: Raghuram Rajan
-
The Great Reversal
- How America Gave Up on Free Markets
- By: Thomas Philippon
- Narrated by: Walter Dixon
- Length: 10 hrs and 1 min
- Unabridged
-
Overall4.5 out of 5 stars 139
-
Performance4.5 out of 5 stars 107
-
Story4.5 out of 5 stars 107
Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
-
4 out of 5 stars
-
Eye-opening, but better as a book - a must-READ
- By Ash on 11-29-19
By: Thomas Philippon
-
Battle for the Soul of Capitalism
- By: John C. Bogle
- Narrated by: Stefan Rudnicki
- Length: 9 hrs and 16 mins
- Abridged
-
Overall4 out of 5 stars 91
-
Performance4.5 out of 5 stars 41
-
Story4.5 out of 5 stars 40
There is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John C. Bogle, founder and former chief executive of the Vanguard mutual-fund group. This legendary mutual-fund pioneer has witnessed firsthand the innermost workings of the financial industry for more than 50 years and has set the standards for sound investment strategies and stewardship.
-
4 out of 5 stars
-
Do You Own a Mutual Fund?
- By M. Kettell on 02-02-08
By: John C. Bogle
-
Other People's Money
- The Real Business of Finance
- By: John Kay
- Narrated by: Walter Dixon
- Length: 11 hrs and 54 mins
- Unabridged
-
Overall4 out of 5 stars 228
-
Performance4 out of 5 stars 178
-
Story4 out of 5 stars 181
The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions.
-
5 out of 5 stars
-
Listened twice. Everyone must read this.
- By Tristan on 01-18-16
By: John Kay
-
13 Bankers
- The Wall Street Takeover and the Next Financial Meltdown
- By: Simon Johnson, James Kwak
- Narrated by: Erik Synnestvedt
- Length: 8 hrs and 59 mins
- Unabridged
-
Overall4 out of 5 stars 254
-
Performance4 out of 5 stars 99
-
Story4 out of 5 stars 101
Even after the ruinous financial crisis of 2008, America is still beset by the depredations of an oligarchy that is now bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks, which together control assets amounting to more than 60 percent of the country's gross domestic product, these financial institutions (now more emphatically "too big to fail") continue to hold the global economy hostage.
-
5 out of 5 stars
-
Easy to Understand and Comprehend
- By Kyle on 04-11-10
By: Simon Johnson, and others
-
A Capitalism for the People
- Recapturing the Lost Genius of American Prosperity
- By: Luigi Zingales
- Narrated by: Jonathan Davis
- Length: 11 hrs and 20 mins
- Unabridged
-
Overall4.5 out of 5 stars 64
-
Performance4.5 out of 5 stars 52
-
Story4.5 out of 5 stars 50
Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.
-
4 out of 5 stars
-
Enjoyable but a tad predictable.
- By Kevin on 12-24-12
By: Luigi Zingales
-
Fault Lines
- How Hidden Fractures Still Threaten the World's Economy
- By: Raghuram Rajan
- Narrated by: Richard Davidson
- Length: 12 hrs and 58 mins
- Unabridged
-
Overall4 out of 5 stars 147
-
Performance4.5 out of 5 stars 79
-
Story4.5 out of 5 stars 82
Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.
-
1 out of 5 stars
-
A REAL SNOOZER
- By Frank on 12-02-10
By: Raghuram Rajan
-
The Great Reversal
- How America Gave Up on Free Markets
- By: Thomas Philippon
- Narrated by: Walter Dixon
- Length: 10 hrs and 1 min
- Unabridged
-
Overall4.5 out of 5 stars 139
-
Performance4.5 out of 5 stars 107
-
Story4.5 out of 5 stars 107
Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.
-
4 out of 5 stars
-
Eye-opening, but better as a book - a must-READ
- By Ash on 11-29-19
By: Thomas Philippon
-
The Death of Money
- The Coming Collapse of the International Monetary System
- By: James Rickards
- Narrated by: Sean Pratt
- Length: 13 hrs and 13 mins
- Unabridged
-
Overall4.5 out of 5 stars 1,088
-
Performance4.5 out of 5 stars 930
-
Story4.5 out of 5 stars 927
The international monetary system has collapsed three times in the past hundred years, in 1914, 1939, and 1971. Each collapse was followed by a period of tumult: War, civil unrest, or significant damage to the stability of the global economy. Now James Rickards, the acclaimed author of Currency Wars, shows why another collapse is rapidly approaching - and why this time, nothing less than the institution of money itself is at risk.
-
4 out of 5 stars
-
A good review of the global financial system
- By Jean on 04-22-14
By: James Rickards
-
The Trillion Dollar Meltdown
- Easy Money, High Rollers, and the Great Credit Crash
- By: Charles R. Morris
- Narrated by: Nick Summers
- Length: 5 hrs
- Unabridged
-
Overall4 out of 5 stars 184
-
Performance4 out of 5 stars 42
-
Story4 out of 5 stars 44
The sub-prime mortgage crisis is only the beginning; a more profound economic and political restructuring is on its way. According to Charles R. Morris, the astronomical leverage at investment banks, with their hedge-fund and private-equity clients, virtually guarantees massive disruption in global markets.
-
5 out of 5 stars
-
Very Illuminating
- By Nelson Alexander on 06-20-08
-
Red Flags
- Why Xi's China Is in Jeopardy
- By: George Magnus
- Narrated by: Derek Perkins
- Length: 9 hrs and 59 mins
- Unabridged
-
Overall4.5 out of 5 stars 587
-
Performance4.5 out of 5 stars 488
-
Story4 out of 5 stars 485
Over the past four decades, China's remarkable transformation has garnered admiration but also sparked concern. George Magnus draws on his intimate knowledge of this dynamic nation to uncover the origins of its ascent and show why the economic traps it faces at home and the political challenges it faces abroad pose a serious threat to its continued rise.
-
4 out of 5 stars
-
A pessimistic vision with western liberal bias
- By Jeronimo L. Jimenez on 10-23-20
By: George Magnus
-
Economics for the Common Good
- By: Jean Tirole, Steven Rendell - translator
- Narrated by: Jonathan Davis
- Length: 18 hrs and 54 mins
- Unabridged
-
Overall4.5 out of 5 stars 55
-
Performance4.5 out of 5 stars 43
-
Story4.5 out of 5 stars 41
When Jean Tirole won the 2014 Nobel Prize in Economics, he suddenly found himself being stopped in the street by complete strangers and asked to comment on issues of the day, no matter how distant from his own areas of research. His transformation from academic economist to public intellectual prompted him to reflect further on the role economists and their discipline play in society. The result is Economics for the Common Good, a passionate manifesto for a world in which economics, far from being a "dismal science," is a positive force for the common good.
-
4 out of 5 stars
-
A Great Overview of the Challenges of Modern Econ
- By Zach Sullivan on 08-06-18
By: Jean Tirole, and others
-
Dead Aid
- Why Aid Is Not Working and How There Is a Better Way for Africa
- By: Dambisa Moyo, Niall Ferguson - foreword
- Narrated by: Mike Chamberlain
- Length: 6 hrs and 29 mins
- Unabridged
-
Overall4.5 out of 5 stars 128
-
Performance4.5 out of 5 stars 109
-
Story4.5 out of 5 stars 108
A national best-seller, Dead Aid unflinchingly confronts one of the greatest myths of our time: that billions of dollars in aid sent from wealthy countries to developing African nations has helped to reduce poverty and increase growth. In fact, poverty levels continue to escalate and growth rates have steadily declined - and millions continue to suffer. Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Dambisa Moyo offers a bold new road map for financing the development of the world's poorest countries.
-
5 out of 5 stars
-
Excellent work
- By Anthony Nana Kwamu on 04-13-21
By: Dambisa Moyo, and others
-
The Age of Oversupply
- Overcoming the Greatest Challenge to the Global Economy
- By: Daniel Alpert
- Narrated by: Don Hagen
- Length: 10 hrs and 34 mins
- Unabridged
-
Overall4.5 out of 5 stars 45
-
Performance4.5 out of 5 stars 40
-
Story4 out of 5 stars 40
The governments and central banks of the developed world have tried every policy tool imaginable, yet our economies remain sluggish, or worse. How did we get here, and how can we emerge from the longest downturn in recent memory? Daniel Alpert, a progressive Wall Street banker and economist, argues that we are living in the age of oversupply.
-
3 out of 5 stars
-
Great book but now out of date
- By emory morsberger on 11-30-17
By: Daniel Alpert
-
How the Other Half Banks
- Exclusion, Exploitation, and the Threat to Democracy
- By: Mehrsa Baradaran
- Narrated by: Priya Ayyar
- Length: 9 hrs and 36 mins
- Unabridged
-
Overall4.5 out of 5 stars 282
-
Performance4.5 out of 5 stars 248
-
Story4.5 out of 5 stars 243
The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.
-
4 out of 5 stars
-
The Borrowers at the Fringe
- By Darwin8u on 09-13-16
By: Mehrsa Baradaran
-
Putinomics
- Money and Power in Resurgent Russia
- By: Chris Miller
- Narrated by: Traber Burns
- Length: 8 hrs and 4 mins
- Unabridged
-
Overall4.5 out of 5 stars 289
-
Performance4.5 out of 5 stars 246
-
Story4.5 out of 5 stars 247
In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.
-
4 out of 5 stars
-
Go find something better
- By Anonymous User on 08-04-21
By: Chris Miller
-
Wall Street
- A History, Updated Edition
- By: Charles R. Geisst
- Narrated by: Stephen McLaughlin
- Length: 27 hrs and 28 mins
- Unabridged
-
Overall4 out of 5 stars 120
-
Performance4 out of 5 stars 107
-
Story4 out of 5 stars 107
Wall Street is an unending source of legend - and nightmares. It is a universal symbol of both the highest aspirations of economic prosperity and the basest impulses of greed and deception. Charles R. Geisst's Wall Street is at once a chronicle of the street itself - from the days when the wall was merely a defensive barricade built by Peter Stuyvesant - and an engaging economic history of the United States, a tale of profits and losses, enterprising spirits, and key figures that transformed America into the most powerful economy in the world.
-
5 out of 5 stars
-
Many books in one; best linking of stories, eras
- By Philo on 03-23-14
-
The Instant Economist
- Everything You Need to Know About How the Economy Works
- By: Timothy Taylor
- Narrated by: Don Hagen
- Length: 9 hrs and 35 mins
- Unabridged
-
Overall4.5 out of 5 stars 55
-
Performance4.5 out of 5 stars 45
-
Story4.5 out of 5 stars 44
Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
-
5 out of 5 stars
-
Timothy Taylor is the best
- By Jake on 02-15-15
By: Timothy Taylor
-
Radical Markets
- Uprooting Capitalism and Democracy for a Just Society
- By: Eric A. Posner, E. Glen Weyl
- Narrated by: James Conlan
- Length: 9 hrs and 7 mins
- Unabridged
-
Overall4.5 out of 5 stars 269
-
Performance4.5 out of 5 stars 220
-
Story4.5 out of 5 stars 222
Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
-
3 out of 5 stars
-
Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
-
Supercapitalism
- The Transformation of Business, Democracy, and Everyday Life
- By: Robert B. Reich
- Narrated by: Dick Hill
- Length: 9 hrs and 36 mins
- Unabridged
-
Overall4 out of 5 stars 174
-
Performance4.5 out of 5 stars 62
-
Story4.5 out of 5 stars 64
Since the 1970s, and notwithstanding three recessions, the U.S. economy has soared. American capitalism has been a triumph, and it has spread throughout the world. At the same time, argues the former U.S. secretary of labor, Robert B. Reich, the effectiveness of democracy in America has declined. It has grown less responsive to the citizenry, and people are feeling more and more helpless as a result.
-
5 out of 5 stars
-
Robert Reich for V.P. (of the U.S.)
- By Horace on 11-07-07
By: Robert B. Reich
What listeners say about The Problem of Twelve
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
-
Overall5 out of 5 stars
-
Performance5 out of 5 stars
-
Story5 out of 5 stars
- Lucy A. Pithecus
- 09-08-23
A sobering insight of what's glaring at us
This book focuses on the rise of index funds and private equity and their hidden domination over the US markets. However, these institutions' structures enable them to circumvent regulations that aim at protecting the markets. In addition to pointing out the problem, the author offers practical solutions.
If you are interested in how investors influence the market, this book is for you. It paints the whole picture with data, history, unexpected (but entirely predictable) changes in nature/governance structures, and potential impacts.
If you want juicy gossip or fun conspiracy theories since the book's subtitle kind of hints at it, this book is cool-headed and sobering. But you will learn something new.
It spells out the nagging feeling at the back of my mind clearly.
Something went wrong. Please try again in a few minutes.
You voted on this review!
You reported this review!