A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe.
When it comes to markets, the first deadly sin is greed. Michael Lewis is our jungle guide through five of the most violent and costly upheavals in recent financial history: the crash of '87, the Russian default (and the subsequent collapse of Long-Term Capital Management), the Asian currency crisis of 1999, the Internet bubble, and the current sub-prime mortgage disaster. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market factors leading up to each event, weaves contemporary accounts to show what people thought was happening at the time, and then, with the luxury of hindsight, analyzes what actually happened and what we should have learned from experience.
As he proved in Liar's Poker, The New New Thing, and Moneyball, Lewis is without peer in his understanding of market forces and human foibles. He is also, arguably, the funniest serious writer in America.
About this product: Manias, Panics, and Crashes, Fifth Edition is an engaging and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. Covering such topics as the history and anatomy of crises, speculative manias, and the lender of last resort, this book puts the turbulence of the financial world in perspective. The updated fifth edition expands upon each chapter, and includes two new chapters focusing on significant financial crises of the last fifteen years.
About this product: "Before reading The Panic of 1907, the year 1907 seemed like a long time ago and a different world. The authors, however, bring this story alive in a fast-moving book, and the reader sees how events of that time are very relevant for today's financial world. In spite of all of our advances, including a stronger monetary system and modern tools for managing risk, Bruner and Carr help us understand that we are not immune to a future crisis." —Dwight B. Crane, Baker Foundation Professor, Harvard Business School
"Bruner and Carr provide a thorough, masterly, and highly readable account of the 1907 crisis and its management by the great private banker J. P. Morgan. Congress heeded the lessons of 1907, launching the Federal Reserve System in 1913 to prevent banking panics and foster financial stability. We still have financial problems. But because of 1907 and Morgan, a century later we have a respected central bank as well as greater confidence in our money and our banks than our great-grandparents had in theirs." —Richard Sylla, Henry Kaufman Professor of the History of Financial Institutions and Markets, and Professor of Economics, Stern School of Business, New York University
"A fascinating portrayal of the events and personalities of the crisis and panic of 1907. Lessons learned and parallels to the present have great relevance. Crises and panics are as much a part of our future as our past." —John Strangfeld, Vice Chairman, Prudential Financial
"Who would have thought that a hundred years after the Panic of 1907 so much remained to be written about it? Bruner and Carr break significant new ground because they are willing to do the heavy lifting of combing through massive archival material to identify and weave together important facts. Their book will be of interest not only to banking theorists and financial historians, but also to business school and economics students, for its rare ability to teach so clearly why and how a panic unfolds." —Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia University, Graduate School of Business
About this product: Hectic lifestyles and over-full schedules make traditional cooking methods nearly obsolete in many families. The results are poor nutrition and budgets strained by the high cost of fast food or commercially prepared meals. Don't Panic-Dinner's in the Freezer offers a simple and economical alternative, featuring dozens of recipes designed to be prepared and frozen for future use. With over 23,000 copies sold in its original self-published edition, this book gives practical tips for planning, organizing, and shopping for meals, as well as unique ways to freeze and reheat prepared foods. Every recipe includes measurements for cooking alone or as a joint venture with one or two friends. Families, singles, retirees-everyone who needs to eat-will find fast and easy answers to the question, "What's for dinner?"
Are you plagued by fears, phobias, or panic attacks? Do you toss and turn at night with a knot in your stomach, worrying about your job, your family, work, your health, or relationships? Do you suffer from crippling shyness, obsessive doubts, or feelings of insecurity? What you may not realize is that these fears are almost never based on reality. Anxiety is one of the world’s oldest cons. When you’re anxious, you’re actually fooling yourself. You are telling yourself things that simply aren’t true. See if you can recognize yourself in any of these distortions: All-or-Nothing Thinking: “My mind will go blank when I give my presentation at work, and everyone will think I’m an idiot.” Fortune Telling: “I just know I’ll freeze up and blow it when I take my test.” Mind Reading: “Everyone at this party can see how nervous I am.” Magnification: “Flying is so dangerous. I think this plane is going to crash!” Should Statements: “I shouldn’t be so anxious and insecure. Other people don’t feel this way.” Emotional Reasoning: “I feel like I’m on the verge of cracking up!” Self-Blame: “What’s wrong with me? I’m such a loser!” Mental Filter: “Why can’t I get anything done? My life seems like one long procrastination.” Now imagine what it be like to live a life that’s free of worries and self-doubt; to go to sleep at night feeling peaceful and relaxed; to overcome your shyness and have fun with other people; to give dynamic presentations without worrying yourself sick ahead of time; to enjoy greater creativity, productivity and self-confidence. Does that sound impossible? The truth is you can defeat your fears. In When Panic Attacks, Dr. Burns takes you by the hand and shows you how to overcome every conceivable kind of anxiety. In fact, you will learn how to use more than forty simple, effective techniques, and the moment you put the lie to the distorted thoughts that plague you, your fears will immediately disappear. Dr. Burns also shares the latest research on the drugs commonly prescribed for anxiety and depression and explains why they may sometimes do more harm than good. This is not pop psychology but proven, fast-acting techniques that have been shown to be more effective than medications. When Panic Attacks is an indispensable handbook for anyone who’s worried sick and sick of worrying.
About this product: Drawing on rare access to an NFL teams players, coaches and facilities, the author of The New York Times bestseller Word Freak trains to become a professional-caliber placekicker. As he sharpens his skills, he gains surprising insight into the daunting challengesphysical, psychological, and intellectualthat pro athletes must master
In Word Freak, Stefan Fatsis infiltrated the insular world of competitive Scrabble® players, ultimately achieving expert status (comparable to a grandmaster ranking in chess). Now he infiltrates a strikingly different subculturepro football. After more than a year spent working out with a strength coach and polishing his craft with a gurulike kicking coach, Fatsis molded his fortyish body into one that could stand upbarelyto the rigors of NFL training. And over three months in 2006, he became a Denver Bronco. He trained with the team and lived with the players. He was given a locker and uniforms emblazoned with #9. He was expected to perform all the drills and regimens required of other kickers. He was unlike his teammates in some waysmost notably, his livelihood was not on the line as theirs was. But he became remarkably like them in many ways: He risked crippling injury just as they did, he endured the hazing that befalls all rookies, he gorged on 4,000 daily calories, he slogged through two-a-day practices in blistering heat. Not since George Plimptons stint as a Detroit Lion more than forty years ago has a writer tunneled so deeply into the NFL.
At first, the players tolerated Fatsis, or treated him like a mascot, but over time they began to think of him as one of them. And he began to think like one of them. Like the other Broncoslike all elite athleteshe learned to perfect a motion through thousands of repetitions, to play through pain, to silence the crowds roar, to banish self-doubt.
While Fatsis honed his mind and drove his body past exhaustion, he communed with every classic athletic typethe affable alpha male, the overpaid brat, the youthful phenom, the savvy veteranand a welter of bracingly atypical players as well: a fullback who invokes Aristotle, a quarterback who embraces yoga, a tight end who takes creative writing classes in the off-season. Fatsis also witnessed the hidden machinery of a top-flight football franchise, from the God-is-in-the-details strategizing of legendary coach Mike Shanahan to the icy calculation with which the front office makes or breaks careers.
With wry candor and hard-won empathy, A Few Seconds of Panic unveils the mind of the modern pro athlete and the workings of a storied sports franchise as no book ever has before.
If you are prone to problems with anxiety and worry, you are probably highly intelligent, very creative, detail oriented, and analytical. These traits can make you extremely successful...or they can make you sick. People with anxiety use these attributes to scare themselves by over-thinking and over-reacting. They use their creativity to envision the worst-possible scenarios, most of which never happen.
You Can Learn to use the energy of worry to transform your life!
Learn to:
Relieve Anxiety
Stop Panic Attacks
Eliminate the Need for Medications
Drive and Fly Comfortably
Develop Self-Confidence
Stop Obsessive Worrying
Put an End to Depression
Become a Positive Power Thinker
Put an End to Your Worry and Fear and Live Life to the Fullest!
About this product: Do you have rushes of fear accompanied by a pounding heart, trembling, dizziness, and feelings of unreality that make you think you're sick, dying, or losing your mind? Do these feelings interfere with your normal daily routine, or prevent you from doing things you would normally do? If you are prone to panic attacks and constantly worry about when the next attack may come, you may suffer from panic disorder and/or agoraphobia. Though panic disorder seems irrational and uncontrollable, it has been proven that a treatment like the one outlined in this book can help you take control of your life. Now in its 4th edition, Mastery of Your Anxiety and Panic, Workbook has been updated to include strategies and techniques for dealing with both panic disorder and agoraphobia. The program outlined is based on the principles of cognitive-behavioral therapy (CBT) and is organized by skill, with each chapter building on the one before it. You will learn the importance of record-keeping and monitoring your progress, as well as breathing techniques and thinking skills. The main focus of treatment involves learning how to face agoraphobic situations and the scary physical symptoms of panic from an entirely new perspective. Self-assessment quizzes, homework exercises, and interactive forms allow you to become an active participant in your treatment. Over time, you will learn to manage your panic attacks, anxiety about panic, and avoidance of panic and agoraphobic situations. This workbook is a one-of-a-kind resource that has been recommended for use by public health services around the world. It allows you to work alongside your therapist to personalize your treatment strategy and learn recovery skills that are useful for a lifetime.
About this product: Bizarre illnesses and plagues that kill people in the most unspeakable ways. Obsessive and inspired efforts by scientists to solve mysteries and save lives. From The Hot Zone to The Demon in the Freezer and beyond, Richard Preston’s bestselling works have mesmerized readers everywhere by showing them strange worlds of nature they never dreamed of.
Panic in Level 4 is a grand tour through the eerie and unforgettable universe of Richard Preston, filled with incredible characters and mysteries that refuse to leave one’s mind. Here are dramatic true stories from this acclaimed and award-winning author, including:
• The phenomenon of “self-cannibals,” who suffer from a rare genetic condition caused by one wrong letter in their DNA that forces them to compulsively chew their own flesh–and why everyone may have a touch of this disease. • The search for the unknown host of Ebola virus, an organism hidden somewhere in African rain forests, where the disease finds its way into the human species, causing outbreaks of unparalleled horror. • The brilliant Russian brothers–“one mathematician divided between two bodies”–who built a supercomputer in their apartment from mail-order parts in an attempt to find hidden order in the number pi (π).
In fascinating, intimate, and exhilarating detail, Richard Preston portrays the frightening forces and constructive discoveries that are currently roiling and reordering our world, once again proving himself a master of the nonfiction narrative and, as noted in The Washington Post, “a science writer with an uncommon gift for turning complex biology into riveting page-turners.”
About this product: Bear, Stearns & Co., a storied Wall Street firm with a maverick reputation, had endured many crises in its 85-year history. Nothing, however, could have prepared the firm for the sudden death spiral that would lead to its takeover for a pittance. In a dramatic showdown with JP Morgan and the Fed, this is the tragic story of how fortunes were made and lost. Bill Bramber, a senior executive at Bear Stearns, had a bird's eye view of just what happened inside Bear's offices and on the trading floor that led to the most sensational financial crisis of our times.
BOOK
