Fortune's Fool

Australia's Choices
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Fortune's Fool by Satyajit Das delves into the complexities of global finance and economics. The book explores the cyclical nature of financial crises, examining how human behaviour and flawed economic principles contribute to these events. It serves as a critical guide for understanding the volatile world of finance and the challenges of predicting economic outcomes.
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Format: Paperback / softback
$2299
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you are intrigued by the intricate world of global finance and economic dynamics. It offers a deep dive into the complexities of financial systems, exploring the unpredictable nature of economic trends and the role of human behaviour within it. With expert insights from a renowned financial analyst, it's perfect for those looking to understand the nuances of market forces and their impact on the global economy.

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Fortune's Fool

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

Australia's prosperity relies on the continent's extraordinary natural - primarily mineral - riches and good fortune. But economic, financial, environmental, geopolitical and societal pressures now threaten the nation's high living standards. The COVID-19 pandemic is the first of many trials to come. Lacklustre reform proposals are mired in ideological necrophilia: ideas which have been tried and failed. Politics is trading insults and slogans. Institutions lack the quality, skills, organisational memory and courage to deliver the required solutions. A disengaged citizenry are focused on preserving their entitled way of life, refusing to accept that the well of plenty is approaching exhaustion. Critics are derided as permanent professional pessimists, the doubting Irishman Hanrahan in John O'Brien's poem warning of 'roon'. Cognitive dissonance is a national religion.

Written in accessible, acerbic prose, Fortune's Fool cuts through these issues to expose Australia's current dilemmas and choices. It dissects the pandemic, global trends, Australia's narrow 'house and holes' economy and its dependency on China, spotlighting a political paralysis that must be overcome and the changes that are urgently needed. For Australians remotely concerned about their own future and their children's, as well as the country's, Fortune's Fool is essential reading.

Series: In The National Interest

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Book Details

INFORMATION

ISBN: 9781922633071

Publisher: Monash University Publishing

Format: Paperback / softback

Date Published: 01 March 2022

Country: Australia

Imprint: Monash University Publishing

Illustration: Illustrations

Audience: General / adult

DIMENSIONS

Width: 111.0mm

Height: 175.0mm

Weight: 0g

Pages: 96

About the Author

Satyajit Das is a financier who was named in 2014 by Bloomberg as among the fifty most influential people in financial markets. He has held senior positions in banks and industry and now works as a consultant to investors and corporations globally. He has published several key reference works on finance and wrote Traders, Guns & Money (2006), Extreme Money (2011) and A Banquet of Consequences (2015, updated 2021; published in North America as Age of Stagnation). He is also the author (with Jade Novakovic) of In Search of the Pangolin: The Accidental Eco-Tourist (2006). Satyajit Das appeared in Charles Ferguson's 2010 Oscar-winning documentary Inside Job. He has spoken at the Sydney and Melbourne writers festivals, Adelaide Festival of Ideas and Sydney Festival of Dangerous Ideas.

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