While the rating tells you how good a book is according to our two core criteria, it says nothing about its particular defining features. Therefore, we use a set of 20 qualities to characterize each book by its strengths:
Applicable – You’ll get advice that can be directly applied in the workplace or in everyday situations.
Analytical – You’ll understand the inner workings of the subject matter.
Background – You’ll get contextual knowledge as a frame for informed action or analysis.
Bold – You’ll find arguments that may break with predominant views.
Comprehensive – You’ll find every aspect of the subject matter covered.
Concrete Examples – You’ll get practical advice illustrated with examples of real-world applications or anecdotes.
Controversial – You’ll be confronted with strongly debated opinions.
Eloquent – You’ll enjoy a masterfully written or presented text.
Engaging – You’ll read or watch this all the way through the end.
Eye opening – You’ll be offered highly surprising insights.
For beginners – You’ll find this to be a good primer if you’re a learner with little or no prior experience/knowledge.
For experts – You’ll get the higher-level knowledge/instructions you need as an expert.
Hot Topic – You’ll find yourself in the middle of a highly debated issue.
Innovative – You can expect some truly fresh ideas and insights on brand-new products or trends.
Insider’s take – You’ll have the privilege of learning from someone who knows her or his topic inside-out.
Inspiring – You’ll want to put into practice what you’ve read immediately.
Overview – You’ll get a broad treatment of the subject matter, mentioning all its major aspects.
Scientific – You’ll get facts and figures grounded in scientific research.
Visionary – You’ll get a glimpse of the future and what it might mean for you.
Well structured – You’ll find this to be particularly well organized to support its reception or application.
Reserves of US dollars held by developing countries rose from $1 trillion to $6 trillion between 2001 and 2011, partly because these countries perceived risk in the dysfunctional global financial system. However, high levels of foreign reserves pose serious dangers. Robert Pringle, chairman and founder of Central Banking Publications, contends that surplus savings did not cause the 2008 financial crisis. He blames the excessive elasticity of credit, along with risk-taking bankers and lax monetary policies. Pringle advocates establishing a global monetary standard, anchored to the real economy, to address these issues. getAbstract recommends this thought-provoking – though at times meandering – treatise to economists, financial professionals, policy makers and anyone interested in how money works.
About the Author
Robert Pringle, the chairman and founder of Central Banking Publications, is a financial commentator, economics editor, entrepreneur, and economic policy consultant.