William H. Janeway and Kishore Mahbubani for PS Book Recommendations

Your weekly reading inspiration, provided by PS contributors. The PS Book Recommendations newsletter. [View this message in a web browser.]( [PS Book Recommendations]( Welcome to PS Book Recommendations, your weekly source of reading inspiration, provided by PS contributors. This week’s edition features William H. Janeway, a distinguished affiliated professor in economics at the University of Cambridge, and Kishore Mahbubani, a distinguished fellow at the Asia Research Institute at the National University of Singapore. [Cover of the book Water Resources Management by Robert C. Brears]( [Water Resources Management:]( [Innovative and Green Solutions (2nd Edition)]( By Robert C. Brears Get the book that presents innovative solutions for present and future challenges in water conservation and water-quality protection. Read more of the 2nd edition, filled with updated case studies, on [degruyter.com](. Sponsored by De Gruyter PS Contributors' Perspectives [Is Techno-Monopoly Inevitable?]( By William H. Janeway Given the need to reward those who risk time and money on unproven ventures and ideas, there is often a tension between encouraging innovation and preventing monopolization in capitalist economies. The question is how to strike a proper balance in the face of immensely powerful technological and market dynamics. [Read the Longer Read](. Market Power of Technology:]( [Understanding the Second Gilded Age]( By Mordecai Kurz Andrews says: Kurz "brings the same rigor [demonstrated in his past work] to bear on the question of what shapes income growth and the distribution of wealth in an economy driven by privately owned technological innovations." Want to learn more about the book? [Read our]( More interview with Kurz here](. Kishore Mahbubani Recommends... [On China]( By Henry Kissinger Mahbubani says: "Most Americans still misunderstand China. But in 2012, one of America’s greatest statesmen, Henry Kissinger, wrote this brilliant book explaining the vast differences between Chinese and Western worldviews. One key difference is captured by a simple analogy: whereas the West plays chess, which aims for total victory, the Chinese play weiqi, focused on protracted campaigns and strategic encirclement. Kissinger also corrects the common misconception among Americans that Chinese culture is inherently militaristic. In fact, China hasn’t fought a major war in 45 years, reflecting Sun Tzu’s wisdom that 'Ultimate excellence lies not in winning every battle but in defeating the enemy without ever fighting.' The US, by contrast, has become embroiled in several wars, even after the Cold War ended. The world would be a safer place if Western leaders learned how to deal with different civilizations, like those of China and India. They should start by reading – or re-reading – this book." "It is perfectly natural for rising powers to become more assertive as they gain influence. China is no exception." Don’t miss our PS Say More interview with Mahbubani on the US-China rivalry, Asian security risks, and more. [Read now](. [PS. Register now for our upcoming Climate Week NYC 2024 event.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. This newsletter does not entitle the recipient to re-publish any of the content it contains. Secure exclusive rights to PS content [here](. Interested in advertising opportunities? Email sponsorship@project-syndicate.org. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.