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The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade

Pietra Rivoli

The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade Pietra Rivoli Amazon Price: $11.53
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Customer Reviews:
Total reviews: 30 Average rating: 4.5 of 5

Editorial Review:

Praise for THE TRAVELS OF A T-SHIRT IN THE GLOBAL ECONOMY

"Engrossing . . . (Rivoli) goes wherever the T-shirt goes, and there are surprises around every corner . . . full of memorable characters and vivid scenes."
Time

"An engaging and illuminating saga. . . . Rivoli follows her T-shirt along its route, but that is like saying that Melville follows his whale. . . . Her nuanced and fair-minded approach is all the more powerful for eschewing the pretense of ideological absolutism, and her telescopic look through a single industry has all the makings of an economics classic."
The New York Times

"Rarely is a business book so well written that one would gladly stay up all night to finish it. Pietra Rivoli's The Travels of a T-Shirt in the Global Economy is just such a page-turner."
CIO magazine

"Succeeds admirably . . . T-shirts may not have changed the world, but their story is a useful account of how free trade and protectionism certainly have."
Financial Times

"[A] fascinating exploration of the history, economics, and politics of world trade . . . The Travels of a T-Shirt in the Global Economy is a thought-provoking yarn that exhibits the ugly, the bad, and the good of globalization, and points to the unintended positive consequences of the clash between proponents and opponents of free trade."
Star-Telegram (Fort Worth)

"Part travelogue, part history, and part economics, The Travels of a T-Shirt in the Global Economy is ALL storytelling, and in the grand style. A must-read."
—Peter J. Dougherty, Senior Economics Editor, Princeton University Press author of Who's Afraid of Adam Smith?

"A readable and evenhanded treatment of the complexities of free trade . . . As Rivoli repeatedly makes clear, there is absolutely nothing free about free trade except the slogan."
San Francisco Chronicle

A Beginner's Guide to Day Trading Online (2nd edition)

Toni Turner

A Beginner's Guide to Day Trading Online (2nd edition) Toni Turner Amazon Price: $10.85
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By: Adams Media
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Customer Reviews:
Total reviews: 93 Average rating: 4.5 of 5

Very informative book 4 out of 5 stars.
4 of 4 people found this review helpful.

Very informative indeed, and I am more-than-ever convinced NOT to daytrade. I know, now, that I have too little education, the wrong software, not enough energy, and not the gambling spirit. I also learned a bunch of other good stuff that can help my longer-term investing.

A Beginner's Guide To Day Trading Online 5 out of 5 stars.
2 of 2 people found this review helpful.

I think this book in absolutely a must for anyone who is interested in finding out how to day trade, has the intellectual capacity to feel they can succeed, but has really no clue how the stock market works!! Everything you've always wanted to know about day trading 'but were afraid to ask'. Toni starts from square one and explains everything from bid price, offers, indexes and the history of the stock market. If you are beyond this level, then you will likely feel it is too basic, 'chatty' or 'inspirational' in the first half of her book. Personally, it has proven to be an invaluable resource. Toni's writing style is clear and she gives great analogies and speaks in layman's terms while dissecting and discussing the complexities of trading. It goes from big picture to hands-on detailed examples and strategies. Thanks Toni!

Editorial Review:

Day trading is highly profitableÑand highly tumultuous. Moreover, the financial markets have changed considerably in recent years. Expert author Toni Turner gives you the latest information on mastering the markets, including:
  • Decimalization of stock prices
  • New trading products such as E-minis and Exchange Traded Funds (ETFs)
  • Precision entries and exits
  • The new breed of trader Written in an accessible, step-by-step manner, A BeginnerÕs Guide to Day Trading Online, 2nd Edition shows how to day trade stocks in todayÕs market.
  • The Choice: A Fable of Free Trade and Protection (3rd Edition)

    Russell Roberts

    The Choice: A Fable of Free Trade and Protection (3rd Edition) Russell Roberts Amazon Price: $19.19
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    By: Prentice Hall
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    Customer Reviews:
    Total reviews: 3 Average rating: 5.0 of 5

    Editorial Review:

    Written as a novel, the book makes the complex concepts, issues and terminology of international trade understandable for students. Professors complain that their students cannot grasp the nature of how some economic tools are used or how they work in life. This novel bridges the gap of concepts with applications by use of a fictional story.

    David Ricardo comes to life to discuss international trade theory and policy with Ed Johnson, a fictional American television manufacturer seeking trade protection from television manufacturers. Their dialogue is a sophisticated, rigorous discussion of virtually every major issue in trade theory and policy. To illustrate the positive and normative effects of international trade and trade policy, Ricardo takes the reader and Ed Johnson into the future to see an America of free trade and an America of complete self-sufficiency. The fictional element brings these topics to life so that students gain the intuition and understanding of how trade changes the lives of people and the industries they work in. The fundamental intuition of how international markets function including general equilibrium effects and policy analysis is provided.

    Global Marketing (4th Edition)

    Warren J. Keegan, Mark C. Green

    Global Marketing (4th Edition) Warren J. Keegan, Mark C. Green List Price: $133.33
    By: Prentice Hall
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    Customer Reviews:
    Total reviews: 2 Average rating: 4.0 of 5

    Editorial Review:

    Following the tradition of Keegan's acclaimed Global Marketing Management, this groundbreaking full-color book offers a concise introduction to the field that is presented in a lively reader-friendly style. The authors integrate relevant real-world cases, vignettes, and boxed features with a clear, engaging narrative to effectively communicate the excitement, challenge and discipline of global marketing. Coverage features an enhanced presentation of global trade; expanded and improved social/cultural coverage; the most recent research; the impact of Information Technology; an expanded section on global retailing; finance coverage in a valuable chapter appendix; a consolidated treatment of market entry strategies; specialized discussions of global communication decisions; quotes from today's professionals; enhanced Internet integration throughout the book; concise, issue-oriented and timely cases; and a vivid, full-color design. For those interested in international marketing and the global business environment.

    The Choice: A Fable of Free Trade and Protectionism Updated Edition

    Russell D. Roberts

    The Choice: A Fable of Free Trade and Protectionism Updated Edition Russell D. Roberts List Price: $30.00
    By: Prentice Hall
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    Customer Reviews:
    Total reviews: 17 Average rating: 4.5 of 5

    Simple, Elegant and Wrong 2 out of 5 stars.
    9 of 29 people found this review helpful.

    Roberts' little fable pits a wholly benign free-trade against absolute protectionism and guess which one looks better. Based on the theories of David Ricardo, the fable assumes that every worker in the world is always treated fairly and every boss is kind and responsible. In The Choice there are no sweat shops and no corrupt CEOs. Fables like The Choice (or the "free-market economy" for that matter) are easy to believe because we want the world to be that simple. That's why the book is dangerous. The Choice has almost nothing to do with the real world, but it sounds good. The argument is so seamless that it appears almost unassailable. If you buy Roberts' version of Ricardo, however, you must accept Wal-Mart as the epitome of business virtue.

    Roberts may be a great guy, and he certainly writes well. Unfortunately, his book begins with a series of fallacious premises and works its way toward a conclusion that is simple, elegant, and horribly wrong.

    An absolute Must Read 5 out of 5 stars.
    5 of 7 people found this review helpful.

    Short, Fun, and easy to understand, this book is a must read for all audiences. Whether students struggling in Econ class, Teachers of Business school, or just evening news watchers who would like - for once - to understand the sentences that come after "Leading Economists are saying today . . ." I highly recommend buying two copies. You will definately want to recommend this one. A real eye opener for free-traders, and a wonderful teaching tool for those "in the know". Roberts nails it!

    Power and Plenty: Trade, War, and the World Economy in the Second Millennium (Princeton Economic History of the Western World)

    Ronald Findlay, Kevin H. O'Rourke

    Power and Plenty: Trade, War, and the World Economy in the Second Millennium (Princeton Economic History of the Western World) Ronald Findlay, Kevin H. O'Rourke Amazon Price: $31.60
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    Customer Reviews:
    Total reviews: 7 Average rating: 4.5 of 5

    Editorial Review:

    International trade has shaped the modern world, yet until now no single book has been available for both economists and general readers that traces the history of the international economy from its earliest beginnings to the present day. Power and Plenty fills this gap, providing the first full account of world trade and development over the course of the last millennium.

    Ronald Findlay and Kevin O'Rourke examine the successive waves of globalization and "deglobalization" that have occurred during the past thousand years, looking closely at the technological and political causes behind these long-term trends. They show how the expansion and contraction of the world economy has been directly tied to the two-way interplay of trade and geopolitics, and how war and peace have been critical determinants of international trade over the very long run. The story they tell is sweeping in scope, one that links the emergence of the Western economies with economic and political developments throughout Eurasia centuries ago. Drawing extensively upon empirical evidence and informing their systematic analysis with insights from contemporary economic theory, Findlay and O'Rourke demonstrate the close interrelationships of trade and warfare, the mutual interdependence of the world's different regions, and the crucial role these factors have played in explaining modern economic growth.

    Power and Plenty is a must-read for anyone seeking to understand the origins of today's international economy, the forces that continue to shape it, and the economic and political challenges confronting policymakers in the twenty-first century.

    The War for Wealth: The True Story of Globalization, or Why the Flat World is Broken

    Gabor Steingart

    The War for Wealth: The True Story of Globalization, or Why the Flat World is Broken Gabor Steingart Amazon Price: $19.77
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    By: McGraw-Hill
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    Customer Reviews:
    Total reviews: 7 Average rating: 5.0 of 5

    Editorial Review:

    Globalization. The Flat World. Outsourcing. Free Trade.

    Each of these phrases is a flashpoint in one of the most heated debates of our lifetime: Is globalization a force for good, or is it a policy that is sure to destroy the economic foundation of the United States and Europe while exporting our wealth and prosperity overseas?

    In The War for Wealth, leading intellectual and agenda-setting journalist Gabor Steingart examines how globalization has affected the state of the world's economy and returns with a bleak outlook for the West: our prosperity and wealth are disappearing faster than ever, and with it our political power and our long-held democratic ideals. But all is not lost; we can still stem the flow of capital and jobs and once again restore the West to its respected position of global leader in economics and politics.

    In this eye-opening and dramatic account, Steingart lays out the three potential scenarios the world faces - a “shock scenario” in which there is a global economic crash, an “Asia-over-all scenario” where the rising economies of Asia completely overtake the West, or the “American renaissance scenario” in which U.S. politicians unite with each other and with Europe, forming a pragmatic third way to bring the West back from the brink of destruction.

    Compelling, controversial, and thought-provoking, The War for Wealth alerts readers to the crucial state of the Western economy--and shows how leaders can return the West to its position of power in the global arena.

    Import/Export For Dummies (For Dummies (Business & Personal Finance))

    John J. Capela

    Import/Export For Dummies (For Dummies (Business & Personal Finance)) John J. Capela Amazon Price: $13.59
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    Customer Reviews:
    Total reviews: 1 Average rating: 5.0 of 5

    A One-Stop Shop For the International Business Newbie! 5 out of 5 stars.
    6 of 7 people found this review helpful.

    This book is a treasure trove of information, advice and resource contact data for anyone thinking of going into, or already in, the import-export field. In a conversational style, the author walks the newcomer to international business through the myriad of challenges, regulations, and opportunities inherent in doing business with overseas interests. This book should be required reading for anyone thinking of importing or exporting!

    Editorial Review:

    A clear, easy-to-understand primer on the exciting world of import/export

    The United States imports $1.2 trillion and exports $772 billion in goods on an annual basis. Import/Export For Dummies provides entrepreneurs and small- to medium-size businesses with the critical information they need to begin exporting their products around the world and importing goods to sell in America. This practical guide covers the ins and outs of developing or expanding operations to capture a share of this growing market, with details on the top ten countries with which America trades, from Canada to Germany to China.

    Global Economic Issues and Policies with Economic Applications

    Joseph P. Daniels, David D. VanHoose

    Global Economic Issues and Policies with Economic Applications Joseph P. Daniels, David D. VanHoose Amazon Price: $148.76
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    By: South-Western College Pub
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    Editorial Review:

    Traditionally the international economics course has primarily been aimed at students working on an economics major. Today, a broad range of courses in global economic issues and policies are drawing students from a number of disciplines, such as accounting, marketing, political science, and business. This well-known author team created Global Economic Issues and Policies to address the growing needs of students that might experience this subject for the first time. The goal of the text is to emphasize current public-policy issues, which will be used to illustrate essential concepts of international trade and finance. The authors focused their theoretical discussions by staying within the guidelines of the basic economic principles.

    Chinese Business Etiquette: A Guide to Protocol, Manners, and Culture in the People's Republic of China (A Revised and Updated Edition of "Dealing with the Chinese")

    Scott D. Seligman

    Chinese Business Etiquette: A Guide to Protocol, Manners, and Culture in the People's Republic of China (A Revised and Updated Edition of Amazon Price: $10.19
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    Customer Reviews:
    Total reviews: 25 Average rating: 4.5 of 5

    Rich in cultural anecdotes but lacking in the big picture 4 out of 5 stars.
    5 of 5 people found this review helpful.

    To be sure, with its rich Chinese cultural anecdotes and the author's vivid writing style, this book is not only useful in helping the reader understand unique Chinese concepts like Guanxi, Mianzi and Lijie but also an entertaining read - suitable for business travelers.

    However, after reading Wei Wang's The China Executive, I realize that Seligman has not been right on "the single most important and fundamental difference between Chinese and Westerners". On pages 44-47 of Chinese Business Etiquette, Seligman says that this is the difference between the "individualism" of Westerners and the "group-centeredness" of the Chinese. (Of course, Seligman is not alone in getting this wrong; since the publication of Geert Hofstede's Culture's Consequences in 1980, this Western individualism-Chinese collectivism dichotomy has become the most widely-talked assumption in almost every book on China business including the authoritative Harvard Business Review on Doing Business in China).

    To elaborate on Seligman (page 45), "[In China,] matters are often debated at great length until agreement is reached on a course of action. Once a decision has been made, however, individual group members are expected to fall in line, embrace it, and act on it, and nobody presumes to question it, at least overtly."

    Now, the reality is that, with nearly a hundred million dollars invested in China, one of the biggest complaints our expats have against local staff is the latter's inability to follow a pre-agreed course of action or plan. In addition, the Chinese do not like group discussions, not to mention "debates at great length"; most of them like to remain quiet rather than actively voice their opinions. Also, if the Chinese were group-centered, their state-owned enterprises would have been so successful that multinationals have stood little chance to compete with them - but the very opposite is true (most state-owned enterprises cannot be closed down fast enough because they are "a pile of sand")!

    According to Wei Wang in his book The China Executive, "group and individual are the two sides of the same coin; one cannot exist without the other", and therefore Westerners actually exhibit dual individualism-collectivism. And the heart of human relationships in China is human feelings. In other words, Chinese and Westerners do not represent two poles of the same individualism-collectivism continuum.

    In addition, "there is a limit to learning the Chinese way," says Wang. "There are things that you need to go about the Chinese way but there are also things that you need to go about the Western way - otherwise, you lose the purpose of going there in the first place."

    To understand why and, more important, its profound implications for China business or indeed business in the China era (including management, leadership, strategy and worldview), you have to read The China Executive.

    Editorial Review:

    In the tradition of Warners Japanese Business Etiquette, here is the newly-updated guide to social and business protocol in the Peoples Republic of China. East-West business is booming, as thousands of Americans flock to China to seek explosive opportunities. Now, Scott D. Seligman, an expert with 25 years of experience dealing with the Chinese, provides complete and up-to-date advice on how to succeed in China. With clarity and humor, Seligman shows how to avoid costly misunderstandings, interpret behavior, avoid the unintentional gaffe, and make positive impressions, all while closing million-dollar deals and forming priceless friendships.

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