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Thomas Berg

Alfred Marshall's equilibrium theory. A critical analysis of its relevance for modern economics

In the vein of What Got You Here Won’t Get You There, a practical guide to help young professionals recognize the ideals and subconscious behaviors holding them back in their careers.Many ambitious young professionals today find themselves disengaged and disillusioned. Accustomed to steady progress and consistent recognition, they now feel stuck, ineffective, and overlooked. They aren’t sure whether the problem lies within themselves, their managers, or the capitalist system. While these challenges are unique to the early career stage, they are incredibly common. Pino G. Audia, John A. Byrne, and Marshall Goldsmith have seen this pattern repeatedly—among MBA students, new managers, consultants, and analysts; in both corporations and startups; across industries and continents.The cause is neither bumbling managers nor broken pipelines, they argue. It’s the “idealism paradox,” where even the smartest, most hard-working people become trapped by their own beliefs. The qualities that made them so promising—faith in hard work, honesty, and fairness—can also blind them to the realities of power, perception, and persuasion within organizations. But you don’t have to abandon your ideals to succeed; you need to learn how to pursue them effectively.Work IQ teaches young workers how to recognize when their expectations and assumptions are undermining their progress—and how to adapt their behavior without losing their integrity or sense of purpose. It identifies common misconceptions and explains: <ul><li>Why hard work isn’t enough;</li><li>Why you can’t expect your manager to look out for your best interests;</li><li>Why people pleasing derails progress;</li><li>Why the impulse to quit is usually about purpose, not the job itself;</li><li>And more.</li></ul> Drawing on focus groups, interviews, surveys, and academic research—as well as decades of coaching and teaching young professionals—Work IQ helps young employees get ahead while remaining true to their authentic selves. It is an essential playbook to help the next generation overcome their unique challenges, achieve success, make a difference, and find meaning, purpose, and joy along the way.This is the go-to guide for success at work, revealing:Insights for a New Generation: Work IQ is the essential guide for young professionals who feel disengaged, stuck, and unrecognized in their careers—and aren’t sure why.The Cause of Career Stagnancy: The authors explain how the qualities that have made today’s young professionals so promising and ensured their past success can unintentionally hinder their progress today, what they call the “idealism paradox.”Myths of the Workplace: The authors debunk widespread misconceptions—such as expecting hard work to speak for itself or that managers will behave like teachers—revealing the gap between our assumptions about workplaces and how they actually operate.Secrets to Success: Work IQ breaks down what really contributes to success in the workplace and offers guidance on how to adjust behavior without compromising personal integrity or purpose.

What No One Taught You About Getting Ahead

Work IQ

A story-driven stock investing guide from a Rhodes Scholar and professional fund manager&nbsp; In How Investing Changed the World: And How It Can Change Your Life, Rhodes Scholar and fund manager Jonathan Tepper teams with award-winning author Joseph Luzzi, PhD, to deliver an accessible, story-driven guide to stock investing. Tepper brings decades of professional experience managing over $600 million in assets at Prevatt Capital, while Luzzi offers three decades of perspective as a private investor.&nbsp; The book pairs Wall Street expertise with Main Street sensibility, using engaging stories and concrete examples to communicate stock investing's principal lessons. Rather than relying on complex mathematical models or abstract theory, the authors draw on their combined experience in financial services, literature, history, and entrepreneurship to present practical investing knowledge that informs without talking down to readers.&nbsp; Readers will also find:&nbsp; <ul> <li>Lessons from a professional money manager who started as an equity analyst at SAC Capital and Bank of America&nbsp;</li> <li>An engaging, story-based approach modeled on the style of the Economist and New Yorker magazines&nbsp;</li> <li>Insights combining professional Wall Street investment perspective with practical Main Street investor experience and cultural understanding&nbsp;</li> <li>Accessible explanations of stock investing fundamentals designed for both new and experienced individual investors seeking clarity&nbsp;</li> <li>Real-world examples and concrete illustrations that bring investing principles to life without overwhelming technical jargon&nbsp;</li> </ul> Ideal for individual investors, aspiring market participants, and anyone curious about the role stocks can play in building wealth, How Investing Changed the World connects professional investment insight with culturally rich storytelling to make stock investing understandable, relevant, and actionable.&nbsp;

And How It Can Change Your Life

How Investing Changed the World

From the author of&nbsp;A People's Guide to Capitalism, a clear-eyed look at the world of cryptocurrencies, cutting through the glitz and the scams to reveal how crypto mirrors and exacerbates the crises of capitalism 
 
Cryptocurrencies have gone from being fringe investments relevant only to hardcore adherents to a multi-trillion industry with a direct line to Donald Trump's White House. The promises of crypto are wide-ranging, preying on a basic reality: people are alienated by an economic system that has excluded them and wonder if cryptocurrencies can offer a more transparent and inclusive alternative. 
 
Enter&nbsp;Crypto-Capitalism, Hadas Thier's deft, accessible examination of the rise and fall and rise again of crypto. Drawing on years of reporting on the industry, its insiders, and the ordinary people impacted by its wild peaks and busts, Thier explains how cryptocurrencies work, elucidates the context and implications of their rise, and debunks the utopian mythology that animates their boosters. 
 
By showing that systemic exploitation and domination are inherent in a crisis-ridden capitalist economy and are matters of class power, not technology, Thier convincingly cuts through the froth and the lies of financial dystopia. Along the way, she exposes the dangerous consequences of crypto's rise and offers alternative avenues for imagining what economic democracy could actually be.

The New Financial Dystopia

Crypto-Capitalism

It's time to shed the beauty myth and find a new freedom.In this powerful and precise book, Saskia Alais examines how we originated harmful beauty ideals and the many ways in which we continue to perpetuate them. Unpicking decades of harmful expectation, confused politics and false empowerment, BOMBSHELL throws a long overdue challenge at the media and beauty industry, exposing the sinister facts that see Western beauty standards affect every aspect of women's lives - from employment and class relations to dating and sexual violence.Featuring the voices of women from all corners of society and interviews with high-profile cultural figures, BOMBSHELL dissects popular contemporary conversation around women and their bodies, ultimately showing how we can detonate the system that does us damage.

Bombshell

Crypto Degenerates and the Rise of the Global Casino Economy

The American Meme

A successful career awaits—no college degree required! This indispensable resource guides you through alternative routes to prosperity and fulfillment, from a renowned CEO who did it herself. Most people believe a degree is the price of admission to a meaningful, high-paying career. Without it, your options are limited, and your ceiling is fixed. But that narrative isn’t just outdated. It’s costing millions of capable professionals the futures they’ve already earned. In How to Get Hired Without a Degree, technologist CEO and DEI advocate LaShana Lewis dismantles the notion of the “paper ceiling” and reveals what it really takes to build a thriving career without a diploma. Drawing from her own journey—from being repeatedly shut out of opportunities to rising as a CTO—Lewis delivers a practical, proven roadmap for workers skilled through alternative routes (STARs). How to Get Hired Without a Degree equips readers with the tools to translate real-world skills into real opportunities—whether that means breaking into a new field, advancing into leadership, or finally being recognized for their value, with lessons including: <ul><li> How to focus on skill-building for a competitive advantage </li><li> How to gain credible experience without traditional credentials </li><li> How to navigate hiring processes with confidence and strategy </li><li> How to grow, pivot, and lead in your career long-term </li></ul> With this book, all professionals can feel empowered with the tools to claim the career they deserve and help reshape a workforce that’s primed for change.

An Alternative Path to a Successful Career

How to Get Hired Without a Degree

Sports Economics, Management and Policy

Soccer has become "big business." The aggregated market value of the first and second division teams from the "Big 5" European Leagues (England, France, Germany, Italy and Spain) is nearly EUR12 billion. Using systematic and anecdotal evidence from the "Big 5" and additional evidence from other European and some of the South American Leagues (Brazil and Argentina), this book explores the development of soccer as the world's most important team sport and addresses competitive balance across the a large number of leagues. The book also provides the reader with a thorough understanding of the market for players, coaches and referees as well as the demand for soccer, both on TV, at the gate, and in the betting office. Finally, the economic implications of pertinent recent problems, such as hooliganism and racism, are addressed.

Most of the discussion about player salaries, head coach dismissals, stadium subsidies, ticket prices and TV contracts is not very well informed and is based on prejudices. Assembling and interpreting the relevant and available information from an economic viewpoint provides the reader with a fresh new perspective on those subjects. Econometric evidence is presented in the form of graphs and figures instead of regression coefficients and is supplemented by anecdotal evidence. "Economic jargon" will be limited to a minimum in order to give readers a more intuitive understanding of the material.

The Economics of Soccer

Conquering the Pitch

A provocative exposé of how our attention, behavior, and desires have been co-opted by the “choice box”—a curated set of options that offer a false sense of agency while funneling us down pre-determined paths controlled by a select few Choice boxes are all around us, but chances are you’ve never noticed them. Every time you click on a recommended video, rate an Uber driver, run a Google search, or invest in your 401k, you may think you’re the one calling the shots—but in reality, you’re limited to making the choices that a corporation wants you to make. Today, structured decision-making governs our lives to such an extent that we hardly see it at all. But who designs these choices, and whose interests do they serve? In Choose Your Captivity, historian Eli Cook introduces readers to the choice architects who first built these boxes and trapped us inside—from the maze-building eugenicist who invented the multiple-choice test to the marketing gurus who sold off our supermarket shelves to a few ultra-processed food giants. In less than a generation, architects like these have transformed a handful of online platforms into the richest businesses in the world. And by determining our options, controlling our actions, and even shaping our identities, they have laid the groundwork&nbsp;for the winner-takes-all game of digital capitalism that dominates us today. In a society built around the promise of free choice and personal responsibility, Cook argues, these hidden architects might just have the greatest power of all. A propulsive and vivid history, Choose Your Captivity opens readers’ eyes to the immense power of the choice box—and how to escape it.

How Corporations Built Our Choices and Sold Our Freedom

Choose Your Captivity

A ground-breaking framework that redefines price formation as the structural foundation of sustainability, The Price of Sustainability argues that 'true pricing' can restore long-term and inclusive economic viability. Through grounding in rigorous fieldwork, financial analysis, and the economic insights of Rudolf Steiner, this book exposes the reality behind today's pricing; that they are systematically falsified and don't reflect the reality of sustaining labour, nature and capital. To counter this, Andrillon introduces the concept of true pricing as a diagnostic framework, discerning when a price reflects viability, and when it conceals impending collapse. In the opening chapters, the author guides you through both the contemporary failure of sustainable development and the shortcomings of economic approaches to this issue. Transitioning from diagnosis to construction, Chapter 4 formalizes the concept of a "true price"; it argues that a price is only true if it enables the full reproduction of labour, nature, and capital across time. The following chapters present the operational core of this framework, illustrating how it can be used across sectors as a practical evaluative method. Bridging political economy, sustainability science, and economic theory while offering a highly original contribution to debates on degrowth, post-capitalism, and ecological transition, this innovative text is the perfect companion for undergraduate students, postgraduate students, scholars and policy-makers working at the intersection of sustainability, political economy, ecological economics, development studies, and accounting.

Rethinking Pricing for a Viable Economy

The Price of Sustainability

Bill Phelps, the entrepreneur extraordinaire behind Dave’s Hot Chicken and other wildly successful blockbuster restaurant franchises, shares his secret sauce for creating brands that flourish even in overcrowded industries and spaces. Bill Phelps, the entrepreneur extraordinaire behind Dave’s Hot Chicken and other blockbuster restaurant franchises, shares his secret sauce for building brands that flourish even in overcrowded industries. Within the fiercely competitive restaurant business, Bill Phelps has produced one incredible success after another. He has a singular talent for identifying promising startups and then growing them into wildly popular global franchises. Addressing the key elements that make or break a business, Phelps teaches seasoned and would-be entrepreneurs alike how to implement this playbook for building, scaling, and maintaining truly mind-blowing companies of all types. In Blow Their Minds, Phelps offers readers a proven playbook for breakthrough success, tackling questions such as: <ul> <li>How do I create the craveable product or service that is the basis of a great business?</li> <li>How do I find—and protect—the authentic vibe of my brand?</li> <li>How do I scale a business without losing what makes it great?</li> <li>How do I choose and attract the best talent—both employees and investors?</li> <li>How can I break through the noise of social media?</li> <li>How do I create an insanely fun and exciting workplace?</li> <li>How do I know when it is time to sell a business?</li> <li>How do I blow customers’, clients’, employees’, and investors’ minds, over and over again?</li> </ul> Drawing from his remarkable experiences at Wetzel’s Pretzels, Blaze Pizza, and Dave’s Hot Chicken, Phelps shares revealing stories and actionable insights about how he and his team have made use of this playbook to grow their companies and achieve unprecedented results in some of the most competitive markets in the world. Blow Their Minds is an accessible, story-driven, relatable guide to rising above your competitors, taking a brand to global scale, and having a fantastic time while doing so. What’s more, it delivers on Phelps’s personal conviction regarding the higher purpose of the entrepreneurial endeavor—that the best reason to build and scale a business is to transform the lives of everyone you touch along the way.

The Proven Playbook for Building and Scaling an Insanely Great Business

Blow Their Minds

The pocket MBA for entrepreneurial moms and women of color&nbsp;who want to build a business from scratch, overcome financial obstacles, and shift the trajectory of their life, from a globally recognized entrepreneur, business coach, and digital educator. While starting a new business is hard for everyone—half close their doors within the first five years—it’s even harder for female entrepreneurs. Ellie Diop, founder and CEO of Ellievated Academy, Fully Funded Co., and Mommy to Millionaire, intimately knows the barriers that historically have kept women from economic freedom. She also knows how to overcome them.&nbsp; From starting her business with a single $1,200 stimulus check in 2020, to becoming a self-made millionaire in her very first year, Ellie has mastered the art of life changing entrepreneurial success—and now, with Girl, Start that Business!, she’s ready to share those secrets.&nbsp; The strategies within these pages are battle tested: Ellie has turned thousands of her clients into profitable business owners. And she’s done so by meeting them where they are. Ellie knows many women are starting from zero—no money, no business plan, no customers. What they do have is a great idea, hustle, heart, and street savvy. This non-judgmental, sassy, and whip-smart pocket MBA is what female entrepreneurs need to turn their dreams into life-changing reality.&nbsp; Let’s go, girl, start that business today!

The Foolproof Plan to Turn Your Idea into Income and Change Your Life

Girl, Start That Business!

The UK has an existential crisis happening before our eyes. The UK has an existential crisis happening before our eyes. The lack of leadership and the exceptional low turnout at elections are producing outcomes that is a threat to democracy. Citizenship has no relevance in a world of nomads. We aim to offer solutions to this problem.

A Civil Society Response to Counter the Tide of Populism

Reimagining Economic Growth

Alfred Marshall's equilibrium theory. A critical analysis of its relevance for modern economics

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