A Decade of Delusions. From Speculative Contagion to the Great Recession

The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional theorists have overlooked. The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in macro economics since the 1930s can be nicely categorized into a single comprehensive theory- The Holy Grail of Macro Economics

Compare global experiences during the balance sheet recession and find out what is needed for a full recovery The Escape from Balance Sheet Recession and the QE Trap details the many hidden dangers remaining as the world slowly recovers from the balance sheet recession of 2008. Author and leading economist Richard Koo explains the unique political and economic pitfalls that stand in the way of recovery from this rare type of recession that was largely overlooked by economists. Koo anticipated the current predicament in the West long before others and issued warnings in his previous books: Balance Sheet Recession and The Holy Grail of Macroeconomics. This new book illustrates how history is repeating itself in Europe while the United States, which learnt from the Japanese experience, is doing better by avoiding the fiscal cliff. However, because of the liberal dosage of quantitative easing already implemented, the United States, the United Kingdom, and Japan may face a treacherous path to normalcy in what Koo calls the QE Trap. He argues that it is necessary to understand balance sheet recession in order to resolve the Eurozone crisis, particularly the competitiveness problems. Koo issues warnings against those who are too ready to argue for structural reforms when the problems are actually with balance sheets. He re-examines Japan's two decades of experiences with this rare recession and offers an insider view on the Abenomics. On China, readers will gain a very different historical perspective as Koo argues that western commentators have forgotten their own history when they talk about the re-balancing of the Chinese economy. Learn from Japan which experienced the same predicament afflicting the West fifteen years earlier Discover how unwinding of quantitative easing will affect the United States, the United Kingdom, Japan, as well as the emerging world Examine solutions to the Eurozone problems caused by two balance sheet recessions eight years apart Gain insight into China's problems from the West's own experiences with urbanisation Koo, who developed the concept of balance sheet recession based on Japan's experience, took the revolution in macroeconomics started by John Maynard Keynes in 1936 to a new height. The Escape from Balance Sheet Recession and the QE Trap offers the world cure for balance sheet recession.

From the CEO of Umpqua Bank, the essential leadership practices that allowed the West Coast’s largest independent community bank to emerge from the economic crisis even stronger than before In this follow-up to the successful Leading for Growth, Umpqua Bank CEO Ray Davis shares the tactics and strategies that have allowed Umpqua to grow and succeed in the toughest economic environment. The results are clear: despite years of economic uncertainty, Umpqua has continued its upward trajectory—expanding from five locations in 1994 to more than 200 today. Davis’s approach can help leaders recalibrate their approaches, no matter what the industry or market upheaval they face. In Leading Through Uncertainty, Davis shares a concise set of smart, actionable leadership practices that leaders can use to navigate their businesses and teams through difficult times. These include focusing on honesty and transparency, motivating and inspiring employees, building an outstanding corporate reputation, paying attention to details, and more. By showing leaders how to maintain a clear value proposition and strong leadership, Leading Through Uncertainty will help any company secure a lasting foothold in any economy.

The past decade has seen a period of unparalleled growth in executive remuneration. But while CEO pay exploded, shareholders looked on helplessly as some of Australia's best-known companies self-destructed. When the fall eventually came, executives were well protected. Shareholders and creditors were not so lucky. From Telstra's enriching of Sol Trujillo to the toppling of Eddy Groves's ABC Learning Centres and the untold accounts of the billions lost by the collapsed Babcock & Brown, Allco Finance Group and MFS, Pigs at the Trough tells the story of how a generation of executives, under the supervision of well-known and respected non-executive directors, pushed all the boundaries and sometimes sailed right over them … and got away with it. A pacey, irreverent read but with a devastatingly serious message, Pigs at the Trough gives investors invaluable insights into how to spot the telltale signs of impending corporate collapse, and how to avoid being another victim.

In this newly revised and updated edition, unlock the secrets of your dreamlife with the most comprehensive A–Z reference book on dream interpretation you'll ever find. Have you ever wondered what your dreams are trying to tell you? Now you can finally find out. Packed with fascinating information, The Dream Dictionary from A to Z is an extensive collection of the symbols that appear in your dreams and how to interpret what they mean for you. Dreams are universal, and every culture throughout history has tried to unlock the secrets of the unconscious mind through the interpretation of dreams. Understanding the unique meanings of dream symbols can help in the way you experience your waking everyday lives and even foretell the future. Designed to be kept right near your bed, The Dream Dictionary is organised from A to Z, so you can easily look up instant answers about the people, places, and ideas that you dreamed the night before. You’ll also discover the various meanings and interpretations of your dreams. For example, cats in dreams can represent the secretive side of a person’s nature, and they can also denote a desire for sex or a warning of hidden dangers. Now with newly updated entries including social media, money and television, as well as chapters such as ‘The 50 Most Common Dreams’ and ‘The 10 Dreams You Should Never Ignore’. Whatever your dream symbol or experience, you’ll find an amazing treasure trove of thousands of interpretations in The Dream Dictionary.

A powerful, biblically based model of leadership development based on the life of the Apostle Paul All churches, denominations, and parachurch organizations are eager for new models of leadership development. Cole uses the life and leadership lessons of the Apostle Paul to show how to develop leaders who are skilled, dedicated, and always open to learning from experience. Cole, a trusted, innovative authority, uses the four journeys of Paul to shows how leaders can grow to be more influential. A publication from the acclaimed Leadership Network Paul, the original “church planter,” was very instrumental in the growth of Christianity—and a perfect model for today’s leaders. Shows how Paul’s leadership developed over the course of his life to get better and better with time and maturity—and how they can do the same.

Do you aspire to be a more effective leader who guides your team or organization to higher levels of lasting success? Would you like to look forward to each day and know that you are having a positive impact on the world around you? This is possible for everyone, regardless of your title or position. In fact, Serve to Be Great: Leadership Lessons from a Prison, a Monastery, and a Boardroom will train you to make this a reality. Although it’s not an easy process, it is a worthwhile one. By making a shift in your approach to leadership, you can become a highly effective leader who enjoys your work and makes the world a better place. The shift is simply a matter of gradually becoming more focused on how you can serve others and increase your capacity to do so. Being an extraordinary leader does not require a MBA or PhD. The reality is that anyone can be a great leader. Author Matt Tenney has survived – and thrived – in situations where most people would have been quickly broken. In Serve to Be Great, he offers his life experiences and unique insights to help leaders apply the powerful principles of servant leadership. Servant leaders are not weak or timid. Motivated by the aspiration to serve, they achieve true power by empowering others to achieve excellence. This is a practical guide to becoming a leader people want to follow. By shifting focus from short-term gain to serving others, leaders can create great workplace cultures that deliver superior, long-term results. Serve to Be Great is the perfect playbook for realizing the ultimate in personal and business success. In keeping with the spirit in which Serve to Be Great was written, all author proceeds from the sale of the book will be donated to charity.

Master the essential skill set of the truly effective leader The Leadership Journey charts a course through four critical areas of being a great leader. Written by Korn Ferry CEO Gary Burnison, this book brings world-renown people and talent development expertise to bear in a discussion about 'good' versus 'great' leadership. Successful leadership at any level is about getting results, but how do the best of the best manage to consistently deliver bigger and better things? This book shares the 'secret sauce' of successful leadership, and provides an actionable framework for discovering—and developing—your own leadership skills and potential. Anyone can have the right hands-on skills, but true leadership finesse lies in the much tougher realm of developing self-awareness to lead yourself first ('Look in the Mirror'); navigating by a fixed point of personal and organizational purpose ('Embody Purpose'); journeying with others who want to follow you ('Don't Walk Alone'); and plotting a course that's beyond the line of sight of what everyone sees ('Navigate Beyond the Horizon'). By distilling the broad and complex topic of leadership into highly accessible points and discussions, The Leadership Journey is perfect traveling companion for everyone along the leadership path. Effective leaders help people do more—and become more—than even they ever thought possible. This book gives you a practical framework for becoming the kind leader your team needs to succeed. Master the key elements of great leadership Understand why hard skills aren't enough Learn how to motivate and lead others Achieve more by helping others inspire and empower themselves Grounded in practical and proven real-world experience, this invaluable guide packs a powerful punch. When it comes to great leadership, reaching your destination requires a precise, well-planned journey that covers all critical ground. The Leadership Journey gives you a clear roadmap with expert direction and world-class advice.

With its primary focus on the psychology of eating from a social, health, and clinical perspective, the second edition of The Psychology of Eating: From Healthy to Disordered Behavior presents an overview of the latest research into a wide range of eating-related behaviors Features the most up-to-date research relating to eating behavior Integrates psychological knowledge with several other disciplines Written in a lively, accessible style Supplemented with illustrations and maps to make literature more approachable

‘Mendelsohn takes the classical costumes off figures like Virgil and Sappho, Homer and Horace … He writes about things so clearly they come to feel like some of the most important things you have ever been told. ’ Sebastian Barry Over the past three decades, Daniel Mendelsohn’s essays and reviews have earned him a reputation as ‘our most irresistible literary critic’ (New York Times). This striking new collection exemplifies the way in which Mendelsohn – a classicist by training – uses the classics as a lens to think about urgent contemporary debates. There is much to surprise here. Mendelsohn invokes the automatons featured in Homer’s epics to help explain the AI films Ex Machina and Her, and perceives how Ted Hughes sought redemption by translating a play of Euripides (the ‘bad boy of Athens’) about a wayward husband whose wife returns from the dead. There are essays on Sappho’s sexuality and the feminism of Game of Thrones; on how Virgil’s Aeneid prefigures post-World War II history and why we are still obsessed with the Titanic; on Patrick Leigh Fermor’s final journey, Karl Ove Knausgaard’s autofiction and the plays of Tom Stoppard, Tennessee Williams, and No?l Coward. The collection ends with a poignant account of the author’s boyhood correspondence with the historical novelist Mary Renault, which inspired his ambition to become a writer. In The Bad Boy of Athens, Mendelsohn provokes and dazzles with erudition, emotion and tart wit while his essays dance across eras, cultures and genres. This is a provocative collection which sees today’s master of popular criticism using the ancient past to reach into the very heart of modern culture.