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Preface xv
1. Butterflies over Beijing: What Is the New "Fusion Economy"? 3 2. Bitcoins and Blockchains: Are Cryptocurrencies Real Money? 8 3. How Do Local Economic Crises Become Global Crises? 14 4. Supranationals: Do International Organizations Like the World Bank and the IMF Really Promote Economic Growth? 20 5. How Do We Rank Countries in the New Global Economy? 26 6. Can Trade Wars Destroy the World Economy? 35 7. Brexit and Border Walls: Does Economic Isolation Make Economic Sense? 42 8. Does Immigration Take Our Jobs Away? 47 9. How Do Populist Leaders Use Our Economic Illiteracy to Gain Power? 52 10. Globalization-Problem or Solution? 57 11. Inflation vs. Deflation 64 12. What Is Currency Manipulation? 70 13. The Fear of Investing: Is It Keeping Us Poor? 76 14. Comparing Investments in the New World Economy 86 15. Income Inequality: Is It Inevitable? 93 16. What Is Hot Money? 102 17. Barbarians at the Gate? Private Equity Investors, Venture Capitalists, and High-Frequency Traders 107 18. The Twenty-First-Century Company 113 19. How Is the Digital Economy Transforming the World? 119 20. What Is the Internet of Things? 126 21. Is Data the New Gold? 130 22. How Are Robots and Artificial Intelligence Transforming the World Economy? 136 23. What Is the Sharing Economy? 143 24. BRICS and Beyond: How Emerging Markets Are Becoming the New Powerhouses of the World Economy 148 25. What Is the Future for the European Union and the Other Free-Trade Areas? 153 26. Sharp Power: How Countries Use Economic Power to Achieve Global Clout 160 27. Sharing the Wealth: How Do Charities, Private Enterprise, and NGOs Promote Economic Development? 165 28. Corruption and Tax Evasion: How Does Money Laundering Work? 171 29. The Dark Web and Other Black Markets: How Big Is the Illegal Economy? 179 30. How Is Climate Change Transforming the Global Economy? 184 31. Economics vs. the Environment: Is It a Zero-Sum Game? 190 32. What Are the Alternatives to Capitalism? 196 33. Are Trade Unions Becoming Obsolete in the Twenty-First Century? 202 34. Health Care: Ways That Work 207 35. How Is the Behavior of Millennials and Other Generations Changing the World's Economic Landscape? 215 36. New Ways of Working and Living in the Twenty-First Century 223 Glossary 231 |
Randy Charles Epping