New Books in Business, Management, and Marketing

How does avoidance of conflict ultimately create more conflict in the workplace? Today I talked to Caroline Stokes, author of Elephants Before Unicorns: Emotionally Intelligent HR Strategies to Save Your Company (Entrepreneur Press, 2019) Stokes is the CEO of FORWARD, and the podcast host of The Emotionally Intelligent Recruiter. She is an award-winning leadership coach and thinker, partnering wit...

What does it take for a company’s culture to enable ongoing growth? Today I talked to Charlene Li, author of The Disruption Mindset: Why Some Organizations Transform While Others Fail (IdeaPress, 2019). Li is the author of six books, including the New York Times bestseller, Open Leadership, and is also the co-author of Groundswell. She is the Founder and Senior Fellow at Altimeter, a research and...

How can we improve our productivity by literally seeing the world differently than before? Today I talked to Emily Balcetis about her new book Clearer, Closer, Better: How Successful People See the World (Ballantine Books, 2020) Balcetis is an associate professor psychology at New York University. She received her PhD from Cornell University and has authored over 70 scientific publications in addi...

How are we going to address inequality and put the economy on a sounder footing? Today I talked to Eric Lonergan and Mark Blyth about their new book Angrynomics (Agenda Publishing/Columbia University Press, 2020). Lonergan is an economist and macro fund manager in London whose writings often appear in The Financial Times. Blyth is a political economist at Brown University who received his PhD in p...

How is the retail sector going to be best able to survive the Amazon juggernaut? I address this question with B. Joseph Pine II and James H. Gilmore in a discussion of their book The Experience Economy: Competing for Customer Time, Attention, and Money (Harvard Business Review Press, 2020). Pine and Gilmore are the cofounders of Strategic Horizons, LLP. Besides their other books and activities, Pi...

You mean big business is good, contributes to our general welfare, and is not generally guilty--with notable exceptions--of all of the charges made against it? That's the argument libertarian economist Tyler Cowen makes in his book Big Business: A Love Letter to an American Anti-Hero (St. Martins, 2019) Most NBN listeners will raise an eyebrow to that claim, but most of those same NBN listeners ar...

Advertising is everywhere. By some estimates, the average American is exposed to over 3,000 advertisements each day. Whether we realize it or not, "adcreep"―modern marketing's march to create a world where advertising can be expected anywhere and anytime―has come, transforming not just our purchasing decisions, but our relationships, our sense of self, and the way we navigate all spaces, public an...

What is creativity? What is the relationship between work life and personal life? How is it possible to live truthfully in a world of contradiction and compromise? These deep and deeply personal questions spring to the fore in Thomas Yarrow's vivid exploration of the life of architects. Yarrow takes us inside the world of architects, showing us the anxiety, exhilaration, hope, idealism, friendship...

Tired of the mechanical, narrowly rational human behavior of the Chicago school, but not exactly comforted by the emphasis on irrational activity in behavioral economics? So am I. Richard Robb, professor at Columbia and fund manager, offers a third way. In Willful: How We Choose What We Do (Yale University Press, 2019), Robb develops the notion of "for itself" behavior and decision making that can...

Whether man-made or naturally occurring, large-scale disasters can cause fatalities and injuries, devastate property and communities, savage the environment, impose significant financial burdens on individuals and firms, and test political leadership. Moreover, global challenges such as climate change and terrorism reveal the interdependent and interconnected nature of our current moment: what occ...

Shortly after the conclusion of the Women's World Cup earlier this summer, a friend suggested to me that it signaled the long-awaited arrival of soccer as a mainstream sport in the U.S. I thought a second, remembering the commercials around the game and the way the television cameras shot the crowd. Then I responded that I thought it wasn't really the long-awaited arrival of soccer, but the emerge...

The authors of Chains of Finance: How Investment Management is Shaped (Oxford University Press, 2017) make points that professionals already know and that end-investors ought to know: that there are a lot of cooks in the investment kitchen, and that the investment process is materially shaped by the chain of individuals and institutions that go into manufacturing investment products. Advisors, con...

Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don't want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly (Princeton University Press, 2019) achieves several goals. First, it frames...

Small is beautiful, right? Isn't that what we've all been taught? From Jeffersonian politics to the hallowed family farm, from craft breweries to tech start ups in the garage. Small business is the engine and the soul and the driver of the American system. That's the dominant narrative. And according to Robert Atkinson and Michael Lind, it is really wrong. In their new book, Big is Beautiful: Debu...

The machines have taken over.... For many operating in investment management, it can certainly seem that way: factor investing, algorithmic investing, dynamic hedging instruments, risk management derivatives driven by changes in market prices, etc. dominate much of the investment narrative. And now and again these supposedly superior investment approaches get blamed for causing big blow ups. If po...

Richard Vague really really cares about private-sector debt. And he thinks you should too. In A Brief History of Doom: Two Hundred Years of Financial Crises (University of Pennsylvania Press, 2019), Vague sees the rise and fall of private sector debt as the key factor explaining the cycle of economic crises experienced by developed and major developing economies over the past two centuries. The ea...

Regular listeners of this podcast will, no doubt, be familiar with the name of Raul Espejo, former Director of Operations of Stafford Beer’s famed Cybersyn Project under the Chilean government of Salvador Allende in the early 1970’s. This episode, the esteemed Dr. Espejo joins us in his role as co-editor of the volume, Cybernetics and Systems: Social and Business Decisions out from Routledge in 20...

Essentialism is a systematic discipline designed to support making life decisions that help you to make your highest possible contribution towards the things that really matter. In this episode, cross-posted from the podcast Psychologists Off The Clock, Dr. Yael Schonbrun interviews Greg McKeown , author of the best-selling book, Essentialism: The Disciplined Pursuit of Less. They discuss the impo...

Silicon Valley is understood to be one of the most fast-paced regions on earth, where innovation and upheaval are part and parcel of daily life. Imagine the challenge, then, when it’s your job to document and analyze the complex, intersecting, ever-changing cultures that comprise this famous region. In 2002, Dr. Jan English-Lueck tackled that very task in her book Cultures@SiliconValley. Now, fift...

You mean accounting has a history? Yes, it does, and it should matter to you, because the accounting profession, and the audit function that it serves, affects all the companies in your 401(k) program. Remember WorldCom, remember Enron? Every time a large holding of yours writes off the goodwill from a failed acquisition--there are too many examples to recite here--you've just had an accounting mo...

In his new book, The Fourth Age: Smart Robots, Conscious Computers, and the Future of Humanity (Simon & Schuster, 2018), futurist, technologist, and CEO of Gigaom, Byron Reese makes the case that technology has reshaped humanity just three times in history: 100,000 years ago, we harnessed fire, which led to language; 10,000 years ago, we developed agriculture, which led to cities and warfare; and...

Of what use is history, particularly for economists and people in finance? If you’ve ever wondered about this, you should read Daniel Peris‘s book Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio (McGraw-Hill Education, 2018). Before he became a portfolio manager, Peris was a professional historian. He was trained as such, w...

As Reader in Industrial Management in the Adam Smith Business School at the University of Glasgow, Rob Dekkers is well positioned to survey the currents of the vibrant systems tradition in the United Kingdom. In his book, Applied Systems Theory, out in its second edition from Springer in 2017, Dekkers... Learn more about your ad choices. Visit megaphone.fm/adchoices

How can we learn from large system failures? In their new book Meltdown: Why Our Systems Fail and What We Can Do About It (Penguin Press, 2018), Chris Clearfield and András Tilcsik explore system failures and what we can learn from them. The book takes readers through a diverse set of experiences and accidents that may not appear on the surface to be related, but that all have similar problems and...

American healthcare is in crisis. It doesn’t have to be. Dr. Toby Cosgrove‘s The Cleveland Clinic Way: Lessons in Excellence from One of the World’s Leading Health Care Organizations (McGraw-Hill Education, 2014) is a blueprint for fixing what’s wrong with healthcare―and is a must-read for every leader seeking to transform his or her organization. There’s a revolution going on right now. On the fr...