The result of extensive dialogue between two of the world's leading business figures, this book considers the changes occuring in the global economy and identifies the challenges faced by China and Japan. Drucker and Nakauchi address the following crucial questions What do these economic changes mean for an individual country and its economy? What do these changes mean to Japan? What do these changes mean to society; the individual company; the individual professional and executive? A series of brilliant insights into the future economic role of Asia, this book remains essential reading today.

Government, war, the economy, human identity, philosophy and the way we work. All of these, among others, are soon to be transformed. As technological advancements usher in a time where each and every human being on the planet will be connected by more than 50 billion manmade devices, our global society is going through a major and rapid change. CEO and editor of the FP Group (who publish Foreign Policy Magazine ) David J. Rothkopf is a revered and cutting-edge commentator on global trends; the writer of a weekly column for his magazine, and the author of numerous widely-acclaimed titles. In this newest work, released on the back of his highly successful TED talk, Rothkopf aims to delve beneath these changes, and explore not only the ideas that will help usher in this new era, but also the people behind them. Like Da Vinci and Jefferson, Darwin and Marx, there are thinkers working now who, over time, will be viewed as massively influential in this era of upheaval. But who are they? And what are their stories? What unlikely places do they come from? Rothkopf is determined to uncover those on the cusp of scientific research, giving never-before-heard, world-changing ideas their debut platform. These are the debates that are happening right now, those that are poised to produce incredible breakthroughs in the coming years, but are yet to be publicly revealed. And with a wide-range of areas covered, including education, health and money, there is sure to be something compelling and relevant for everyone.

In the wake of the global financial crisis that began in 2007, faith in the rationality of markets has lost ground to a new faith in their irrationality. The problem, Roman Frydman and Michael Goldberg argue, is that both the rational and behavioral theories of the market rest on the same fatal assumption--that markets act mechanically and economic change is fully predictable. In Beyond Mechanical Markets , Frydman and Goldberg show how the failure to abandon this assumption hinders our understanding of how markets work, why price swings help allocate capital to worthy companies, and what role government can and can't play. The financial crisis, Frydman and Goldberg argue, was made more likely, if not inevitable, by contemporary economic theory, yet its core tenets remain unchanged today. In response, the authors show how imperfect knowledge economics, an approach they pioneered, provides a better understanding of markets and the financial crisis. Frydman and Goldberg deliver a withering critique of the widely accepted view that the boom in equity prices that ended in 2007 was a bubble fueled by herd psychology. They argue, instead, that price swings are driven by individuals' ever-imperfect interpretations of the significance of economic fundamentals for future prices and risk. Because swings are at the heart of a dynamic economy, reforms should aim only to curb their excesses. Showing why we are being dangerously led astray by thinking of markets as predictably rational or irrational, Beyond Mechanical Markets presents a powerful challenge to conventional economic wisdom that we can't afford to ignore.