Davos Man, by Peter Goodman; Keynes-Hayek, by Nicholas Wapshott; and more The PS Say More Newsletter [PS Read More]( In this week's edition of PS Read More, we share recommendations from Antara Haldar, Associate Professor of Empirical Legal Studies at the University of Cambridge. We also highlight our recent Holiday 2023 Reading List, in which PS contributors â including Sergei Guriev, Raghuram G. Rajan, and more â describe their recent work, which we think you should consider adding to your holiday shopping list. [Digital Business Strategy:
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By Garvan Callan âGarvan Callan is a visionary strategic thinker.â â Richie Boucher, Chairman of CRH plc and former CEO of the Bank of Ireland Sponsored by De Gruyter Antara Haldar Recommends... [Davos Man:
How the Billionaires Devoured the World]( By Peter Goodman
"Written by New York Times global economics correspondent Peter Goodman, Davos Man paints a graphic and intimate portrait of the international jet set, including well-known billionaires like Marc Benioff, Jeff Bezos, Larry Fink, Jamie Dimon, and Steve Schwarzman â the people who 'write the rules for the rest of the world.' There is, Goodman explains, a crucial difference between the modern Davos Man â a moniker coined by the late political scientist Samuel Huntington â and the 'robber barons' of the past: todayâs elites like to be patted on the back. More broadly, Goodman provides vital context for the backlash against globalization that so many are struggling to understand. By illustrating how these elites hijacked globalization â highlighting the parallels across countries â Davos Man illuminates, with surprising wit and humor, the forces behind the inequality threatening to tear societies apart. With the finesse of a seasoned journalist, Goodman turns the usually statistics-heavy conversation about inequality into a human-interest story." [Keynes-Hayek:
The Clash that Defined Modern Economics]( By Nicholas Wapshott "In this masterful volume, British journalist Nicholas Wapshott tells the story of the writing of two canonical texts in economics: John Maynard Keynesâ [The General Theory of Employment, Interest, and Money]( and Friedrich Hayekâs [The Road to Serfdom](. At stake was a question that is as pertinent today as it was in the 1940s: should governments intervene in markets? The responses offered by Keynes and Hayek have shaped economies â and thus peopleâs lives â for decades, to the point that they arguably defined the post-World War II world. Beyond tracing the evolution of the ideas of these two giants of economic thought, Wapshott offers an evocative account of their contrasting personalities, as well as insight into the complexity of their relationship. With this rich history of the struggle for primacy between Keynes and Hayek, Wapshott illustrates an important truth: the most important battles are fought are in the realm of ideas." [Why People Cooperate:
The Role of Social Motivations](
By Tom R. Tyler "A sort of sequel to Tylerâs classic text [Why People Obey the Law]( this is a masterpiece in law and psychology. Here, Tyler, a professor at Yale Law School, explores the concept of law as a locus of cooperation, rather than an institution that elicits compliance by force. Rather than relying on the threat of punishment, Tyler argues, the lawâs incentive structure should leverage peopleâs intrinsic social motivations. To support this idea, he presents extensive evidence that attitudes, values, and identities are at least as powerful drivers of human behavior as self-interest, and that social connections matter to people at least as much as material interests. While this is a technical volume, aimed largely at legal academics, its appeal and relevance are far broader, owing to the imaginative and emancipatory potential of its ideas. In fact, it illuminates a path to an entirely different way of organizing our societies, one in which the key currency is voluntary cooperation, not coercion." Don't miss our recent Say More interview with Haldar, in which she discusses behavioral economics, development models, and more. [Read now](. [Holiday 2023 Reading List]( [Holiday 2023 Reading List]( with Daron Acemoglu, Diane Coyle, Michael Spence, Stephen S, Roach, and more In a special edition of PS Read More, we present a selection of new and noteworthy works written by PS contributors. From artificial intelligence to the US-China rivalry, from the changing face of authoritarianism to failures of economics, the books on the list confront some of the most critical risks and trends of our time. [PS. Subscribe to PS Digital now and save 30% on your first year with us.]( [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. This newsletter is a service of [Project Syndicate](.
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