There is only THAT maximum number of times we will reread a book, no matter our love for a particular book (though we can’t say for sure about Harry Potter fans). Borrowing books in the library solves the problem of endless piles of books at home after reading them and at the same time, serves the purpose of feeding us with knowledge.
The knowledge is free at the library, if you know what books to look for. In this article, we recommend you some popular financial books easily accessible at Singapore National Library.
The reading list is based on Bloomberg Business reading list where they compiled reading lists recommended by some of the world’s biggest name in the finance and economic industry.
You can find out the location and the availability of the books from the NLB website.
1. Superforecasting: The Art And Science Of Prediction
Authors: Philip E. Tetlock & Daniel Gardner
In Superforecasting, the authors explore on the topic on prediction. Drawing on decades of research and the results of a massive, government-funded forecasting tournament. The Good Judgement Project involved over ten thousands of ordinary people (Brooklyn filmmaker, retired pipe installer and a former ballroom dancer) who have to forecast global events. Surprisingly, some of them have turned out to be amazingly good. They’ve beaten other benchmarks, competitors and even the collective prediction of intelligence analysts with access to classified information.
And so they are “superforecasters”.
2. The Courage To Act: A Memoir Of A Crisis And Its Aftermath
Author: Ben S. Bernanke
In The Courage to Act, Ben Bernanke, the former Federal Reserve Chairman discussed the list of measures done to prevent a massive economic failure. Working with two U.S presidents and two Treasury secretaries, Dr Bernanke and his colleagues used every Fed capability to keep the U.S economy afloat. This book reveals, for the first time, how creativity and decisiveness of a few key leaders could mitigate the scale of economic failure.
3. Economics Rules: The Rights and Wrongs Of The Dismal Science
Author: Dani Rodrik
In Economics Rules, Dani Rodrik, a leading critic, takes a close look at economics to examine when it falls short and when it works thus giving a surprisingly upbeat account of this discipline. Very often, economists apply the models everywhere and at all times. However, Rodrik shows how different model tells a partial story about how the world works. These stories are not always in line with each other, they offer wide-ranging and sometimes contradictory lessons. Hence, beyond the science (models and mathematics) needed, economics requires the art (craft) to apply suitable models to different context.
4. Rise Of The Robots: Technology And The Threat Of A Jobless Future
Author: Martin Ford
In Rise of the Robots, Silicon Valley entrepreneur Martin Ford painted a gloomy picture of the future. He believes that as technology continues to progress and machines begin taking care of themselves, fewer people will be needed. Artificial Intelligence is already making their way to make “good jobs” obsolete, eliminating many jobs. On the other hand, households will be facing rising expenses from health care and education. Hence, it will result in massive unemployment, inequality and implosion of the consumer economy.
5. How Not To Be Wrong: The Power Of Mathematical Thinking
Author: Jordan Ellenberg
Fret not, this book is definitely not the dull and boring math we have learnt back in school. In How Not To Be Wrong, Jordan Ellenberg explores questions such as “How early should you get to the airport” and “Why do tall parents have shorter children” using mathematics.
This book is like a Freakonomics of math. Read this and you will begin to appreciate math better.
6. The Silk Roads: A New History Of The World
Author: Peter Frankopan
Through trades and conquests on the Silk Roads, the East and the West spread ideas, cultures and religions. More importantly, it also drove the appetites for imported goods, resulting in the growth of the nations. Through the historical events mentioned in the book, we can also realised how the fate of the West has been always inextricably linked to the East.
We always knew that our national libraries have good resources. However, we are pleasantly surprised that 100% of the finance books we have searched are available online. We hope that these 6 books can last you for a good half year!
Well of course, if you are more of a movie person, we do have 5 movies to recommend about finance too.
Read more: http://dollarsandsense.sg/top-5-movies-to-learn-about-finance-without-falling-asleep/
Bonds and Fixed Income