Rogue Economics

Rogue Economics Creat Loretta Napoleoni is a Ebook Loretta Napoleoni is the bestselli

Rogue Economics Creat Loretta Napoleoni is a Ebook Loretta Napoleoni is the bestselling author of Maonomics, Rogue Economics, Terror Incorporated and Insurgent Iraq She is an expert on terrorist financing and money laundering, and advises several governments and international organizations on counter terrorism and money laundering As Chairman of the countering terrorism financing group for the Club de Madrid, Napoleoni brought heads of state from around the world together to create a new strategy for combating the financing of terror networks.Napoleoni is a regular media commentator for CNN, Sky and the BBC She is among the few economists who predicted the credit crunch and the recession, and advises several banks on strategies to counter the current ongoing crisis She lectures regularly around the world on economics, terrorism and money laundering.Loretta is also a columnist and writes about terrorism, money laundering and the economy for several European financial papers including El Pais, The Guardian and Le Monde In the 1990s she was among the first journalists to interview the Red Brigades, the Italian Marxist armed group She subsequently spent three years interviewing members of other terrorist organizations In 2003 she interviewed followers of al Zarqawi in both Europe and in the Middle East.Born and raised in Rome, in the mid 1970s she became an active member of the feminist movement and a political activist She was a Fulbright scholar at Johns Hopkins University s Paul H Nitze School of Advanced International Studies in Washington DC and a Rotary Scholar at the London School of Economics She has a PhD in economics and a Masters of Philosophy in international relations and one in terrorism.She began her career as an economist, working for several banks and international organizations in Europe and the US In the early 1980s she spent 2 years in Budapest at the National Bank of Hungary working on a project for the convertibility of the florin that ten years later became the blueprint for the convertibility of the rouble In he 1980s she worked for a UK registered Russian Bank, Moscow Narodny Bank, which acted as the foreign branch of the Bank of Foreign Trade This position afforded her a unique insight into the Soviet economy In 1992 she produced the final documentation for the structure of the International Bank for Reconstruction and Development, IBRD She teaches a course at Judge Business Schools, Cambridge.Napoleoni s books include Modern Jihad Pluto Press, London, 2003 Terror Inc Penguin, London, 2004 Insurgent Iraq Seven Stories Press, New York, 2005 Terror Incorporated Seven Stories Press, New York, 2005 Rogue Economics Seven Stories Press, New York, 2008 Terror and the Economy Seven Stories Press, New York, 2010 and Maonomics Why Chinese Communists Are Better Capitalists Than We Are Seven Stories Press 2011 Her latest book is the best seller Islamist Phoenix Seven Stories Press, New York, 2014 The IS doesn t want to destroy They want to build the 21st century version of the Calliphate and that is what makes them so dangerous Her books are translated into 18 languages including Chinese and Arabic She lives in London and in the US with her husband and their four children.Napoleoni is currently working at a book linking the post 9 11 Western foreign policy, the kidnapping and refugee crisis Based upon original interviews with former hostages, negotiators, member of the crisis unit, kidnap owes and refugees, the book will unveil how post 9 11 Western foreign policy is responsible for the birth of a new breed of criminal and terrorist engaged in kidnapping of Westerners and trafficking migrants Napoleoni defines these people Merchant of Men.. The book is brand new and will be dispatched from UK.. Popular Books Rogue Economics This book touched on a wide range of subjects, so it'd be most useful as:-An introduction to the rogue economy and how it's interweaved with legal goods and services.-A refresher for readers who've already read about these issues.Similar books that tackle individual issues in greater detail:-McMafia by Mischa Glenny, on organised crime-Knockoff by Tim Philips, on counterfeit goods-The Bottom Billion by Paul Collier, on global poverty-The World Food Problem by Howard Leathers, on aid efficacy-Garbageland by Elizabeth Royte-Safe by Martha Bear, on security-Deluxe by Dana Thomas, on luxury goods------------------------------------------------Notes I took from Rogue Econs:-Today slavery is commonly believed to be the product of foreign powers’ exploitation of poor countries; in fact, the opposite turns out to be true: most victims are enslaved and traded by their own compatriots. -Rogue products penetrate and corrupt traditional economies. When we buy a wedding ring produced with gold mined by Congolese children working for ruthless warlords, smuggled to Uganda, and sold with forged documents of origin by crooked trading companies, we establish a commercial link with the sinister underworld of Africa’s illegal and criminal economy.-The infamous Arizona Market, in Northwestern Serbia, is well known among international pimps. It resembles a nineteenth-century American gold-rush town, hence the name. Tucked behind a stretch of road nicknamed Arizona Highway, which runs near the Croatian border, the market has been nicknamed the Walmart of Serbia because it was constructed with the support of American troops at the end of the Balkan civil war.-Israel represents one of the largest importers of Slavic prostitutes and various sources estimate that one million Israelis visit a prostitute every month…Demand is particularly high among Haredim, the most conservative Orthodox Jews, many of whom are regular clients of brothels.-The glamorizing of prostitution facilitates the luring of Slavic women into the sex industry. Hollywood blockbusters, such as Risky Business and Pretty Woman, project an entirely fictional image of prostitution.-In 2006, the estimated annual value of global prostitution equalled $52 billion.-In countries such as the Netherlands, where prostitution has been legalized for decades, the degree of exploitation is lower: there are fewer pimps, prostitutes pay taxes, receive medical and social security benefits, and have police protection.-A river of dollars flows from America to China, creating a dollar-denominated surplus in the Chinese trade balance. To offset the trade surplus, China runs a capital account deficit with America, i.e. it buys US treasury bonds and increases dollar-denominated reserves…Ironically, China, a communist country, has been financing both the trade and the budget deficit of the US to avoid revaluing its currency, and action that would make its products less competitive in the US. America has welcomed such a strategy to keep consumers and voters happy and the economy afloat.-When housing prices rise at a phenomenal pace and demand is strong, banks can turn around repossessed properties quickly and even make a profit. Often, bank managers alert developers and buyers, who are their clients, of a forthcoming foreclosure so that these can approach the owner and purchase the property before it is auctioned off by the bank.-Fictional environments expand in times of harshness because economic degradation erodes civil society and alters people’s perception of their own surroundings.-It is the increase in salaries, not the return on investment, that is enriching globalization’s superrich. What makes their wealth soar are not sudden jumps of the share prices held in their portfolios, but rising fees received for their work. -Globalisation expands the market into which a talented individual can apply his or her skills, while technology permits companies to grow ever larger.-After 1989, the modern ‘leisure class’ moved to London to take advantage of an old Victorian fiscal law. The law was designed to protect the profits of British plantation owners across the empire, from the West Indies to Africa and India. They could maintain British residency and move their domicile, i.e. their fiscal residency, abroad where they had their business. Therefore they were taxed only on the income they brought back to England while the rest was tax free. The identical principle is today applied to new billionaires residing in London. By moving to the UK, people can avoid taxation in their own country on billions of dollars. Only Americans cannot benefit from this law, because the US taxes its citizens on global income. -The move of hedge funds into the derivatives market is intimately linked with the globalisation of the world economy. In 2005 and 2006, for example, the economic rise of China created an unprecedented commodities boom. Once regarded by the US as a docile manufacturing colony, China is now the world’s largest consumer of steel, copper, and tin, and the second-largest importer of petroleum, helping to push prices to record levels. Against this background, hedge funds have speculated heavily in the commodity markets, pushing prices even higher.-Until 9/11, the bulk of the $1.5 trillion generated by the illegal, criminal, and terror economies was laundered in the US and in US dollars. Because 80% of this economy is washed clean in cash, money had to physically enter the US. The main entry came through offshore facilities and shell banks located in the West Indies. In Oct 2001, the US Congress approved the Patriot Act, legislation that greatly restricted civil liberties in America. Its financial section drastically reduced money laundering inside the US and in dollars. For example, US banks and register banks can no longer do business with offshore shell banks. In addition, the Patriot Act gave American monetary authorities the right to monitor dollar transactions throughout the world. Today, it is a criminal offence for a US bank or a US-registered foreign bank not to alert the authorities of suspicious transactions in dollars anywhere in the world.-Since it applied exclusively to the US, it did not curb terrorist financing, criminal activity, ad money laundering abroad. These dirty businesses simply shifted to Europe, where the newly unified European currency offered organisations already involved in money laundering unexpected opportunities for groth.-Data from the Guardia di Finanza show that from 2001 to 2004, money-laundering activity in Italy increased by 70%. -The lack of efficiency of the European money-laundering system is particularly apparent in the real-estate sector, because local land laws are not updated to anti-money laundering international standards. In addition, local land registers cannot communicate with each other across borders; therefore it is impossible to verify if somebody has bought properties in different jurisdictions.-The fall of the Berlin wall did not take the Bulgarian nomenklatura, the core members of the Communist Party, by surprise. In 1982, members of the Bulgarian elite began developing joint ventures with Bulgarian state enterprises and fictitious foreign firms located offshore. To fund these partnerships, they borrowed money from Bulgarian state banks, that was then moved offshore. Between 1987 and 1988, these fictitious joint ventures swallowed about $10 billion of Bulgarian state finances.-In 2004, when China’s voracious demand for steel exploded, manhole covers started to disappear all over the world. The first displacements were felt in Taiwan, the next were in other neighbourhoods, such as in Mongolia and Kyrgyzstan. More than 150 covers disappeared during on month in Chicago. Scotland’s ‘great drain robbery’ saw more than a hundred vanish in a few days. -In the spring of 2006, the French antitrust authority cited several cosmetics companies, including L’Oreal, Chanel, Christian Dior. YSL, Estee Lauder, and Clinique, for colluding in maintaining high prices to the detriment of consumers. The French authorities fined these companies a total of $64 million for breaking EU antitrust laws. The price-fixing tactic they used, called police pricing, involves the cartel’s imposing an identical high retail price in every shop that stocked its perfume. Discounts are fixed by the cartel, and if shops grant higher reductions, they cease to have access to products. -Italian authorities estimate that one in every two counterfeit products sold globally comes from China. -Paris is one of the European hubs of the Chinese bogus goods industry and hosts the largest number of Chinese illegal immigrants in the EU. -Often, criminal gangs, in partnership with Chinese manufacturers based in Europe. Lure the migrants to Europe. Chinese-based organisations supervise the transcontinental shipment of people, while locally based Chinese groups manage the transit points of the human merchandise to the countries of destination. Today, Moscow and Malta serve as the most popular transhipment points. -Sometimes, the entry to a European country is legal; European governments grant work permits to Chinese workers on the basis of employers’ legitimate requests. After a few weeks, however, these immigrants can be fired and forced to work, often for the same employer, in the black market. In other cases, they reach Europe with regular passports and tourist visas, which are confiscated by the traffickers at the border. Passports and visas are then sent back to China, so that it appears that the ‘tourists’ have returned home. Without regular documents, immigrants must work in the black market to survive.-In Europe the majority of illegal immigrants end up working in the $80 billion garment industry.-The Italian authorities have estimated that at least 34% of the vast wealth generated by Chinese enterprises in Italy is tax free and returns to China in cash by way of couriers.-Often, biopiracy goes unnoticed because it takes place through the complex system of patents. In 2004, the Dutch company Soil and Crop improvements patented teff, a cereal from Ethiopia, and all the derivatives of its flower. Teff is the main staple grain of 80 million Ethiopians. Cosmetics multinationals have skilfully registered many African enzymes, microorganisms, and fungi as their own new beauty products.-Patent holders across the world, such as the owner of the gene for Hepatitis C, continue to receive millions from research labs around the world.-According to the WHO, one in every ten pills is counterfeited and sold as the original. Fake medications generate $32 billion in profits and kill about half a million people every year. Most of the victims come from developing countries, where counterfeit medicines are regularly consumed. -According to the International Medical Products Anti-counterfeiting Taskforce, the proportion of fake medicine in the industrialised world is rising, but it only amounts to about 1%, compared with 70% in countries like Nigeria.-A tight cartel runs the international diamond industry to prevent diamonds from countries ruled by warlords, such as Sierra Leone, from entering the diamond market. The gold industry is totally unregulated and relies on trading companies scattered around the world.-DRC gold reserves are among the largest in the world, with most of the country’s mines located in eastern Congo. Miners in East Congo sell their gold to negociants, small traders who constantly mingle in the mines. The negociants bring the gold to Ituri, a major gold market controlled by Congolese war lords. From Ituri, a fleet of smugglers carry the gold to Uganda. -The cocoa we drink may come from the Ivory Coast, which supplies half the world market. Children and adolescents from even poorer neighbouring countries, such as Mali, trek all the way to cocoa plantations to earn a subsistence salary. Millions of people depend for their sustenance on this parasitic rogue economy. The alternative could impoverish them further, if it does not put them at risk of death. To eradicate the problem, one must also attack the root causes, a task that only local governments can accomplish.-An estimated 27 million people in the world are enslaved. They produce profits of around $31 billion a year. -Bananas are the single most profitable item sold by British supermarkets and the profits are split so: 45% to the supermarket, 18% to importers, 15.5% to the plantation company, and 2.5% to the workers.-Tesco and ASDA are owned by Walmart.Action Aid suggests that the impact of the banana price war fought in the UK since 2002 has halved hourly wages of plantation workers in Costa Rica, which supplies one out of every four bananas consumed in the UK and Ireland. Workers now earn 33p an hour and are under such pressure to produce that they cannot afford to take time off when planes spray pesticides on the crops.-From 2003 to 2005, Philip Morris’ total sales went from 40 to 70 billion cigarettes, thanks to the Eastern European and Asian market.-The Asian population is so much greater than the Western one that a 30% decline in cigarette consumption in the West can be offset by as little as a 2% increase in the Asian market. Japanese Tobacco International owns the rights to sell several brands of Western cigarettes outside the West, and is one of the fastest growing companies in the world. -In 2005, the Altria Group, a holding company based in NY, became the tenth most profitable corporation in America. It used to be called Philip Morris, a name that is still attached to two of its holdings, Philip Morris USA and Philip Morris International. The company also own Kraft Foods.-Access to the secondary illegal market to the gold currency used in the gaming industry is easy. Legitimate auction sites, such as eBay, host 30 million annually in the trade for goods that exist only in synthetic worlds. -China is the single biggest market for online gaming. Estimates from the Chinese government set the number of video-game users at 24 million. About one in four Chinese Internet users is a player. The volume of the illegal business has grown so vast and the laundering techniques are so advanced that wholesalers find it impossible to verify the origin of the coins.-A code number is read by credit cards every time a transaction takes place. In restaurants it’s 321, at petrol stations it’s 496. Online casinos use 777. E-currencies were created to avoid this traceability. The most popular e-currencies are Paypal, Neteller and E-Gold. Unlike Paypal, E-Gold allows account holders to maintain their anonymity. E-Gold is a digital gold currency issued by e-gold Ltd, a company incorporated in Nevis, Lesser Antilles, an offshore facility. It allows people to send specified weights of gold to other e-gold accounts. Only the ownership changes while the gold in the treasury grade vault stays put.-Online gambling is illegal in many American states, yet people can do it because the servers are offshore. Central America and the Caribbean Islands, places such as Costa Rica, Panama, St. Kitts & Nevis, are popular places for online casinos. Taxes are low, as little as $50,000 a year, plus a small percentage of the annual revenues.-According to an analyst for Internet Pornography Statistics, yearly internet porn revenue in 2005 was $57 billion. -According to a study commissioned by the MPA, movie piracy cost Hollywood studios $8 billion in 2006: $3.1 billion were due to bootlegging, $1.82 to illegal copying, and $2.99 to Internet piracy. The leading countries for movie piracy are China, Russia, Britain, France, Spain, Brazil, Italy, Poland, and Mexico. The movie industry loses a potential 93% of its market in China, 62% in Thailand, 51% in Taiwan, and 29% in India.-Linden dollars have an official exchange rate of 250 to the US dollar. At the end of 2006, the GDP of Second Life reached around $60 million, with an annual growth rate of 15%. Members use credit cards and electronic currencies to purchase Linden dollars. Linden Lab’s currency trader, LindeX, charges a fee for every transaction, while independet traders make money on the spread between buy and sell. Speculation in Linden dollars is very popular among traders. -One third of all fish consumed in the UK is poached from the Baltic and North Seas. Gangs of Russian Mafiosi supply half the cod purchased as lawful in traditional British fish markets, such as Hull and Grimsby. Russian-owned trawlers operating from the northern port of Muransk, ignoring strict quotas on fishing of cod, red fish and halibut. From this port, an estimated 100,000 tons of cod is poached from the North Sea, above annual 48000-ton quota established by the UK and Norway. The fleets avoid tracking by renting or leasing vessels for a very short time and reflagging them. Flag hopping confuses surveillance authorities. Even when they are caught, coast guards have trouble identifying the owners of vessels because they hide behind shell companies and offshore ventures.-The Pantagonian tooth fish and the bluefin tuna can sell for up to $10,000 and $15,000 per fish, respectively. -The international hub for rogue fishing is in Europe, specifically -Multinationals and governments often employ pirates to carry away dangerous waste. As much as 47% of European rubbish is toxic. According to the UN Environmental Programme, the annual production of e-waste ranges from 20 to 50 million tons. Recyclable refuse heads for India and China, while the non-recyclable refuse ends up in Africa. -Water pollutants include human hormones, such as estrogens released by women taking birth-control pills. -Rivers in the US and the UK contain high proportions of phthalates and nonylphenols, chemical that feminise fish. Male fish exposed to such effluent produce a protein called vitellogenin, usually present only in females.-One in three fish consumed worldwide is farmed. A farm generally has around 10 nets, each containing 15,000 and 80,000 fish each. Antibiotics, antifoulants, and sea-lice treatments are among the pollutants that escape into the sea. -Most farmed species, such as salmon and tuna, are carnivorous and consume many smaller fish. Production of a pound of salmon requires 5 pounds of oily fishes, such as sand eel, sardines, and herring. -Maras, or pandillas, originated from Southern California in the 1950s. they existed primarily to protect Hispanic immigrants from members of other ethnic gangs. -In the globalised world of football, hooligans use the game as a vehicle towards tribalism, and violence and victory dictate the way forward. -Islamic finance centres on the religious tenets of Islam and allows Muslims to stay compliant with sharia law. Riba, the charging of interest by moneylenders, is prohibited. Gharar, or speculation in any form, is condemned. Money is not supposed to be used a commodity in itself to create more money. Sukuks, or Islamic bonds, are linked to real investments.

About Author

  1. Loretta Napoleoni is the bestselling author of Maonomics, Rogue Economics, Terror Incorporated and Insurgent Iraq She is an expert on terrorist financing and money laundering, and advises several governments and international organizations on counter terrorism and money laundering As Chairman of the countering terrorism financing group for the Club de Madrid, Napoleoni brought heads of state from around the world together to create a new strategy for combating the financing of terror networks.Napoleoni is a regular media commentator for CNN, Sky and the BBC She is among the few economists who predicted the credit crunch and the recession, and advises several banks on strategies to counter the current ongoing crisis She lectures regularly around the world on economics, terrorism and money laundering.Loretta is also a columnist and writes about terrorism, money laundering and the economy for several European financial papers including El Pais, The Guardian and Le Monde In the 1990s she was among the first journalists to interview the Red Brigades, the Italian Marxist armed group She subsequently spent three years interviewing members of other terrorist organizations In 2003 she interviewed followers of al Zarqawi in both Europe and in the Middle East.Born and raised in Rome, in the mid 1970s she became an active member of the feminist movement and a political activist She was a Fulbright scholar at Johns Hopkins University s Paul H Nitze School of Advanced International Studies in Washington DC and a Rotary Scholar at the London School of Economics She has a PhD in economics and a Masters of Philosophy in international relations and one in terrorism.She began her career as an economist, working for several banks and international organizations in Europe and the US In the early 1980s she spent 2 years in Budapest at the National Bank of Hungary working on a project for the convertibility of the florin that ten years later became the blueprint for the convertibility of the rouble In he 1980s she worked for a UK registered Russian Bank, Moscow Narodny Bank, which acted as the foreign branch of the Bank of Foreign Trade This position afforded her a unique insight into the Soviet economy In 1992 she produced the final documentation for the structure of the International Bank for Reconstruction and Development, IBRD She teaches a course at Judge Business Schools, Cambridge.Napoleoni s books include Modern Jihad Pluto Press, London, 2003 Terror Inc Penguin, London, 2004 Insurgent Iraq Seven Stories Press, New York, 2005 Terror Incorporated Seven Stories Press, New York, 2005 Rogue Economics Seven Stories Press, New York, 2008 Terror and the Economy Seven Stories Press, New York, 2010 and Maonomics Why Chinese Communists Are Better Capitalists Than We Are Seven Stories Press 2011 Her latest book is the best seller Islamist Phoenix Seven Stories Press, New York, 2014 The IS doesn t want to destroy They want to build the 21st century version of the Calliphate and that is what makes them so dangerous Her books are translated into 18 languages including Chinese and Arabic She lives in London and in the US with her husband and their four children.Napoleoni is currently working at a book linking the post 9 11 Western foreign policy, the kidnapping and refugee crisis Based upon original interviews with former hostages, negotiators, member of the crisis unit, kidnap owes and refugees, the book will unveil how post 9 11 Western foreign policy is responsible for the birth of a new breed of criminal and terrorist engaged in kidnapping of Westerners and trafficking migrants Napoleoni defines these people Merchant of Men.

    Reply

Rogue Economics Comment

  1. This book touched on a wide range of subjects, so it d be most useful as An introduction to the rogue economy and how it s interweaved with legal goods and services A refresher for readers who ve already read about these issues.Similar books that tackle individual issues in greater detail McMafia by Mischa Glenny, on organised crime Knockoff by Tim Philips, on counterfeit goods The Bottom Billion by Paul Collier, on global poverty The World Food Problem by Howard Leathers, on aid efficacy Garbag [...]



  2. This book is a classic case of an author taking on than he she should Napoleoni posits that rogue economics has resurfaced because the world is experiencing a profound transformation, perhaps the biggest in history Yet, she doesn t really drive that point home because she gets caught up in far too many case studies In 336 pages, she discusses the manifestation of rogue economics in Eastern European prostitution, the Italian mafia, Post Wall Berlin, communist China, virtual worlds, fishing and p [...]


  3. Have you read any good Economics book , lately The book is ROGUE ECONOMICS and the author s Loretta Napoleoni.It s a tell all economic tale of what happens when Economy breaks away from Politics , and how all of hell s doors are opened If it were a movie, it would be a mixed genre A bit on the Tarantino side and a lot on the Matrix trilogy , with the rythm of a Bourne Ultimatum.From the Russian and Chinese mafias, the Italian n dranghetta, money laundering, patents and corporations, to paypal an [...]


  4. La coppia che non ti aspetti, democrazia e schiavit al diffondersi della prima aumenta la seconda come si spiega questo apparente paradosso Passo di Adam Smith da imparare a memoria, p.36 Per la politica regolamentare il mercato diventa sempre pi difficile ce ne siamo accorti E i problemi di un paese possono innescare una reazione a catena contagio con conseguenze devastanti per molti altri ce ne accorgeremo Con la fine della Guerra fredda il mercato spezza le catene della politica L economia di [...]


  5. Questo libro a me ha spiegato che se il mondo brutto, violento, ostile, desolante, lo perch esiste la razza umana Non essendoci il ti di una ecatombe naturale a breve, le diverse razze o vogliamo chiamarle trib nei quattro angoli del globo fanno il possibile per annichilire la motivazione all esistenza alle razze trib contigue Lo fanno con la violenza, lo schiavismo, i disvalori, creando una situazione disagiata per tutti gli esseri viventi, animali compresi Noi ognuno di noi siamo in una di que [...]




  6. Excelente leitura.Traz uma boa vis o sobre os rastros causados pelas quedas dos regimes comunistas e as ilus es da globaliza o.Gostei particularmente da abordagem sobre a economia Isl e a tese da volta do padr o dinar ouro.A autora utiliza um tom prof tico, mas deixa a desejar sobretudo nos n meros Fiquei curiosos para ler seus outros livros.



  7. Loretta s books are much better than ordinary and she claims her repute in this one too I have been studying economics for long but this book presents the other side of the moon and that s devastating



  8. Il libro parla sostanzialmente di criminalit , legalizzata o meno Dei comportamenti pi abietti di alcune classi di persone, dell ipocrisia e dello sfruttamento Di tutto questo da la colpa a una entit chiamata Economia canaglia Che cosa sia questa cosa misteriosa non dato di sapere E come un presagio che aleggia su tutto il libro, ma non viene spiegato Apparentemente l autrice pensa che tutti i mali del mondo siano da attribuire all organizzazione economica, come se dappertutto l economia sia la [...]


  9. This is a really interesting book with interesting information I greatly enjoyed it and it helped me to rethink some things That being said, I give it a three star because like many popular works on academic topics by journalists, this book suffers from an incredible ideological zest that often contradicts its basic positions E.g in the last chapter, Napoleoni writes the problem of rogue economics appears to be solved by Muslim capitalism under Shia law however, the author fails to appreciate 1 [...]


  10. This book was pretty intenseI had to return it to the library and so skimmed some sections It talks about how democracy creates and actually allows rogue economics to flourish Napoleoni references several countries throughout recent history who become democratic, and whose underground networks and slavery simultaneously explode Germany at the fall of the Berlin Wall blossomed a huge sex slave industry , Italy and the mafias that began there and are now all over the world, the gangs from central [...]


  11. there are a lot of ideas in this book not always artfully worded, the main concepts nonetheless hold interest napoleoni draws from a number of different ideas and finds a way to link them into this concept of rogue economics unconstrained economic forces that are not controlled by political forces and are socially ill napoleoni covers cases of drug and human trafficking, biopiracy, the black market for fakes fraudulent goods, illegal fishing, et cetera the winners in such a scenario are territor [...]


  12. I bought this book because of the reviews on the back that compare it to Freakonomics and Fast Food Nation, two books that I thought were really great However, Rogue Economics was not Napoleoni definitely thinks a lot about the issues she covers, and does a lot of research, but she just doesn t write in a way that makes me feel like I should care about these issues Her arguments are weak and strange, and her language is often vague There were some interesting parts about the Second Life communit [...]


  13. Although this is not a faultless book, it is written with vigor and a considerable amount of knowledge It serves as a wake up call for everyone who acknowledges the dark side of globalization which actually has it s positive sides and, importantly, liberalization of a block of diverse countries leading to a gold rush of oligarchs and other sharks She sort of hopscotches between subjects, which although not strictly by the book of economy scholars, leads to a refreshing read, teaching us about t [...]



  14. This book goes for a broader reach than Maonomics, and mostly hits the mark She brings a complexity of thought to a variety of issues, and writing in her second language that s nothing to scoff at But the first half is much tighter than the second half, which takes on a hopscotch quality, and then ends abruptly She is pointing out some deeply important ideas in her body of work, and making them accessible to a popular audience.


  15. The main idea is that there s a force called rogue economics which emerges at times of upheaval, but the evidence the author amasses is weak Her use of statistics is transparently disingenuous, and she seems to want to drag a lot of irrelevant material in as well For example, in ranting about how low fat foods are as full of calories as high fat equivalents, I agree with her but I don t see how that has anything to do with the subject matter people are gullible so what


  16. A worthwhile read She reveals the underbelly of runaway globalization and greed Namely, corruption and criminality in a desperate,underground economy Well written, although rather bleak as she offers no solutions or alternatives Still, an important read.


  17. Three stars because I learned about the inner workings of terrorism, gangland activity and how it all gets financed thanks to this book Otherwise there are a bunch of weird conclusions and statements that seem pretty misleading if taken seriously.









Leave a Reply

Your email address will not be published. Required fields are marked *