
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
A counter-blast to the bashing of capitalism and a fresh and bold re-evaluation of the fundamentals that turn genius into hard currency. Harry Bingham used to be an economist and a banker and thought he understood money. Then, in autumn 2008, the world stood on the edge of calamity and Harry realised that all the things he knew had been proven utterly wrong. So, he decided to go back to first principles, to meet the people who make the money - the entrepreneurs and inventors, the salesmen and financiers. He wanted to find out how the world really worked and what drives the people who make it spin. For the first time he saw that while the economy might be about many things, it is never ever about money. We all have strong feelings about money. It is the magic of its alchemy that has catapulted the human race from extreme poverty to our world of ever-expanding riches, but it also brings with it economic chaos. But how many of us can say what is it made really made of and how it works? From billionaire entrepreneurs and Indian shift-workers to small-time manufacturers and conglomerate CEOs, The Root of All Good, is the story of the people who have created the world of extraordinary prosperity that we now live in, and the new system of capitalism they are shaping to recover our future.
This book investigates the fundamental drivers of economic prosperity by questioning whether traditional financial models accurately capture the human ingenuity and risk-taking that underpin capitalism. Drawing on his background as an economist and former banker, Harry Bingham re-evaluates the global financial system following the 2008 economic crisis. He argues that the true engine of the economy is not money itself, but the creative and entrepreneurial spirit of the individuals who build and sustain it. Through a series of interviews and observations, he constructs a framework that shifts the focus from abstract monetary theory to the tangible actions of inventors, financiers, and laborers.
What You Will Find
The text offers a provocative, practitioner-led critique of mainstream economic thought, prioritizing anecdotal evidence and personal narrative over dense statistical modeling. Its accessible tone and broad scope suggest an intent to demystify complex financial systems for a general audience interested in the human side of global markets.
Page Count:
180
Publication Date:
2010-01-01
Publisher:
HarperCollins Publishers
ISBN-10:
0007260172
ISBN-13:
9780007260171
No comments yet. Be the first to share your thoughts!