Book Bits: 8 April 2023

The Spectacle of Expertise: Why Financial Analysts Perform in the Media
Alex Preda
Summary via publisher (Columbia U. Press)
Financial experts have become ubiquitous on television, radio, and social media. They provide investment advice, interpret market movements, and explain the implications of political events, wielding a great deal of power and influence through their media presence. How do these experts acquire their authority, and what makes displays of financial expertise persuasive to their audiences? Preda demonstrates that analysts and media professionals deploy expertise when they engage with audiences in ways that make it difficult to contest the claims conveyed in their talk.

Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy
Quinn Slobodian
Review via Quill & Quire
In this meticulously researched study, Slobodian explains the labyrinthine machinations that have revolutionized the global political and economic landscape at the behest of a mega-rich minority. In 1986, the well-to-do could only take advantage of 176 regions for “wealth hoarders”; that number now stands at an astounding 5,400, with far-reaching consequences for the majority of the world’s population.
Variously known by such anodyne terms as “export processing,” “special administrative,” and “enterprise” zones, these states-within-a-state provide free reign to libertarian investors who constantly scan the globe for new opportunities to squirrel away their riches and avoid taxation, labour standards, environmental protections, and any notion of social responsibility. Accompanying this metastatic phenomenon, Slobodian finds, is a fracturing of civil society marked by the language of an energized alt-right who tout cryptocurrency, gated communities, charter schools and secession movements.

Get Rich with Dividends: A Proven System for Earning Double-Digit Returns (3rd ed.)
Marc Lichtenfeld
Summary via publisher (Wiley)
In the newly revised third edition of Get Rich with Dividends: A Proven System for Earning Double-Digit Returns, bestselling author and investing strategist Marc Lichtenfeld delivers a proven and reliable guide to realizing substantial returns—without taking on undue risk—using dividends. You’ll learn to generate significant income with the author’s sensible and low risk 10-11-12 System. In the book, the author demonstrates techniques that won’t require you to babysit each and every investment, freeing you up to enjoy more fulfilling pursuits as your nest egg and income streams grow steadily.

Reinventing the Supply Chain: A 21st-Century Covenant with America
Jack Buffington
Summary via pubisher (Georgetown U. Press)
When the COVID-19 pandemic led to a global economic “shutdown” in March 2020, our supply chains began to fail, and out-of-stocks and delivery delays became the new norm. Contrary to public perception, the pandemic strain did not break the current system of supply chains; it merely exposed weaknesses and fault lines that were decades in the making, and which were already acutely felt in deindustrialized cities and depopulated rural towns throughout the United States. Reinventing the Supply Chain explores the historical role of supply chains in the global economy, outlines where the system went wrong and what needs to be done to fix it, and demonstrates how a retooled supply chain can lead to the revitalization of American communities. Jack Buffington proposes a transformation of the global supply chain system into a community-based value chain, led by the communities themselves and driven by digital platforms for raising capital and blockchain technology.

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