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A dazzling exploration of the phenomenon of prediction betting markets that asks: what happens when democracy becomes another commodity? For many, Donald Trump's decisive election victory over Kamala Harris in 2024 was a shock. Traditional polls had the race on a razor's edge. But, for those with eyes on prediction betting markets, a very different story was being told. In recent years, prediction markets have swept the world, fundamentally changing the nature of the gambling market, and making their youthful pioneers billionaires. Posed as binary 'Yes/No' questions about future events, prediction bets allow any difference of opinion - whether on politics, wars, assassinations or popular culture - to be financialised. But are these markets really a new phenomenon? What does it mean when markets get closer to the truth than the institutions we built to protect us? And what happens when those tasked with safeguarding democracy possess financial stakes in its volatility? From Renaissance Rome, where merchants wagered on papal conclaves, through London coffee house gossip during the Napoleonic Wars, to the Pentagon's ill-fated terrorism futures exchange, The Big Bet describes the full five-hundred-year arc of a permissive regime which no one designed and no one voted for. Drawing on deep expertise, Michael Auerbach examines how these markets are changing our world, and what they mean for the future of our democratic self-governance. Because they are not an anomaly - they are the logical endpoint of a society that has applied market capitalism to every aspect of life. And in a world when everything is a wager and nothing is off limits, knowing where the chips will fall matters more than ever.

Prediction Markets and the Future of Democracy

The Big Bet

Why Big Labor moved to the right—and the fight ahead for the left to win back America’s working class Unions helped construct the American middle class, defeat Jim Crow, and advance progressive rights, but in Trump’s America, the labor movement is changing. In Big Labor's Big Shift, journalist Nathan Bomey explores how Big Labor and the working class are no longer an automatic ally of the American left. Fueled by decades of economic decline, political disillusionment, and cultural disenfranchisement, new politically nebulous and economically populist leaders in the movement are building a powerful new movement based on class warfare that prizes wage and benefit gains over traditional progressive priorities. Through original reporting and first-hand interviews, Bomey traces key events that have led to this political shift. Bomey reveals: -At the Teamsters, president Sean O’Brien is cozying up to Donald Trump and blasting Democrats as tools of big business, even showing up at the Republican National Convention to deliver his message. -At the United Auto Workers, president Shawn Fain is seizing an opportunity to break the free trade consensus in Washington. The devout Christian, who wields religious rhetoric from the stump, is aligning with the Trump White House on tariffs and blasting Democrats for aggressively pursuing electric vehicles to fight climate change. Bomey shows how the two interconnected phenomena represent a massive political realignment—not just along cultural and nationalism lines, but of the working class itself away from its historic roots in the Democratic party. Urgent and compelling, Big Labor's Big Shift encapsulates the fight for the soul of the union movement.

Why Unions Left Democrats

Big Labor's Big Shift

Penguin Modern Classics – Crime & Espionage

The first masterpiece by the doyenne of American noir Sailor, former henchman and trouble-accruing gangster, travels from Chicago to Santa Fe, New Mexico, looking for revenge and for money. But it's hard to make a dishonest buck when everything seems to be against him. It is Fiesta, it is hot, thousands of people are crowding into town, Sailor has nowhere to stay, the odds are stacked against him - and some important and very violent people are in town, only one of whom he wants to meet. Heat-struck and high-energy, one of Hughes' most brilliant novels, Ride the Pink Horse transplants noir to an America of vivid colours and bright sunlight, with startling results.

Ride the Pink Horse

The instant Sunday Times bestseller. 'A brave and vulnerable book by a very, very funny woman' - Joe Lycett, comedian and author of Parsnips, Buttered 'A brilliant representation of anxiety made hilarious' - Romesh Ranganathan, comedian and author of As Good As It Gets 'Only Suzi Ruffell can take anxiety &amp; make it funny. Relatable, hilarious &amp; educational to boot' - Aisling Bea, comedian Does peaking in high school ruin you for life? Was Miley Cyrus right, is it all about the climb (when it comes to building a career?) And what - scientifically - is the best way to mend a broken heart? Comedian Suzi Ruffell is considering life's big questions. In this brutally honest, funny, and often moving memoir, Suzi winningly tells her life story, and asks a host of experts to answer the tricky questions it prompts along the way. Diamond life advice comes from the likes of Elizabeth Day, Dolly Alderton, Charlene Douglas, Laura Bates, Dr Kirren Schnack, and more. From masking anxiety with musical theatre and struggling to find her groove at school, on stage, and in her love life, to (eventually) coming out, falling in love, and becoming a parent, Suzi lays her life bare with trademark wit, verve and style. Am I Having Fun Now? is riveting, relatable and revealing. Studded with brilliant, cutting observations on feminism, being working class in the world of arts and comedy, LGBTQ+ equality and the up- and downsides of ambition, it's perfect reading for fans of books by Fern Brady, Elizabeth Day, Romesh Ranganathan, Sara Pascoe and Tom Allen.

Anxiety, Applause and Life's Big Questions, Answered

Am I Having Fun Now?

'Manchette was Le Homme...rediscover him this very instant' - James Ellroy Meet Eugène Tarpon: ex-cop, ex-idealist, man in free fall. Kicked off the force for killing a protestor, Tarpon is drinking too much and waiting around for something to happen. Then it does. In bursts the wild-eyed and bloodstained Memphis Charles, whose roommate has been brutally murdered. And she wants no one but Tarpon on the case. As the bodies mount, Tarpon is dragged into a Parisian underworld of politics, sleaze, and paranoia - with nothing to guide him but instinct, stubbornness, and a battered sense of justice. With No Room at the Morgue, Manchette rewrote the American hardboiled detective novel into a bleak, boozy, and brilliantly French bruising meditation on guilt, truth, and the art of going down swinging. PRAISE FOR JEAN-PATRICK MANCHETTE 'A comedic genius... I read and reread him, stunned, appalled, and laughing out loud' - Rachel Kushner 'Manchette is one of the greatest writers since Dashiell Hammett, his only true son and heir' - David Peace 'Manchette is Camus on overdrive... He deserves much the same attention' - James Sallis

No Room at the Morgue

The Horizon

Ein verheerender Krieg hat dem Jungen alles geraubt, das ihm einst wichtig war. Ruinen ragten wie stumme Mahnmale in den Himmel, und seine Heimat glich einem Friedhof, auf dem auch seine Mutter ihre letzte Ruhe gefunden hat. Ohne einen Blick zurück und ohne ein klares Ziel vor Augen, brach der Junge zu einer Reise ins Ungewisse auf. Er durchstreifte trostlose Landschaften und wurde Zeuge unaussprechlicher Gräuel, die der Krieg hinterlassen hatte. Eines Tages kreuzte er zufällig den Weg eines jungen Mädchens. Instinktiv erkannten die Kinder, dass in ihrer beiden Herzen der gleiche Schmerz widerhallte. So beschlossen sie, weiterzuziehen, weiter und weiter, dem fernen Horizont entgegen ...

The Horizon 1

The unforgettable new novel from the author of Green Dot

Chosen Family

Brief Encounters

A dazzling catalogue of be creatures drawn from the dreamworlds of myth, folklore, and imagination From ancient myths to obscure legends, a strange menagerie takes shape: creatures part real, part invented, drawn from cultures across the world. Each is described with care, as if it might exist just beyond the edge of belief. The Book of Imaginary Beings is Jorge Luis Borges's playful, erudite bestiary of the fantastic. Curious and endlessly inventive, it explores the power of imagination to create entire worlds. BRIEF ENCOUNTERS: classic novellas and captivating stories, to be read in a single sitting or savoured over days

The Book of Imaginary Beings

ORWELL PRIZE FOR POLITICAL WRITING FINALIST 2026LONGLISTED FOR THE 2026 MOORE PRIZE FOR HUMAN RIGHTS WRITING'A tale of rapacious colonialism, Cold War spy games, dazzling technical innovation, big business rivalry, big power geopolitics [...] an unflinching, landmark work on the nature of extractive capitalism' Patrick Radden Keefe'Joseph Conrad called colonial ventures in Africa "the vilest scramble for loot that ever disfigured the history of human conscience". After reading this book you might want to add the words "until now"' The TimesHow we became addicted to a supply chain that wreaks havoc across the globe.Epic, shocking, and deeply reported, The Elements of Power tells the story of the war for the global supply of battery metals - essential for the decarbonization of our economies - and the terrible, bloody human cost of this badly misunderstood industry.Congo is rich. Swaths of the war-torn African country lack basic infrastructure, and, after many decades of colonial occupation, its people are officially among the poorest in the world. But hidden beneath the soil are vast quantities of cobalt, lithium, copper, tin, tantalum, tungsten, and other treasures. Recently, this veritable periodic table of resources has become extremely valuable because these metals are essential for the global "energy transition"-the plan for wealthy nations to wean themselves off fossil fuels by shifting to sustainable forms of energy, such as solar and wind. The race to electrify the world's economy has begun, and China has a considerable head start. From Indonesia to South America to Central Africa, Beijing has invested in mines and infrastructure for decades. But the U.S. has begun fighting back with massive investments of its own, as well as sanctions and disruptive tariffs.In this rush for green energy, the world has become utterly reliant on resources unearthed far away and willfully blind to the terrible political, environmental, and social consequences of their extraction. If the Democratic Republic of the Congo possesses such riches, why are its children routinely descending deep into treacherous mines to dig with the most rudimentary of tools, or in some cases their bare hands? Why are Indonesia's seas and skies being polluted in a rush for battery metals? Why is the Western Sahara, a source for phosphates, still being treated like a colony? Who must pay the price for progress?With unparalleled, original reporting, Nicolas Niarchos reveals how the scramble to control these metals and their production is overturning the world order, just as the global race to drill for oil shaped the twentieth century. Exploring the advent of the lithium-ion battery and tracing the supply chain for its production, Niarchos tells the story both of the people driving these tectonic changes and those whose lives are being upended. He reveals the true, devastating consequences of our best intentions and helps us prepare for an uncertain future. If you have ever used a smartphone or driven an electric vehicle, you are implicated.

A Story of War, Technology and the Dirtiest Supply Chain on Earth

The Elements of Power

THE INSTANT SUNDAY TIMES BESTSELLERThe world's criminals earn trillions every year. They keep almost all of it. Every effort to stop them has failed. Why? Join Oliver Bullough through the looking glass, voyaging through the dark heart of the global economy: where flows of dirty banknotes, designer goods and baby eels prop up illicit networks spanning from Miami to Shanghai - via, strangely, North Oxfordshire. Cryptocurrencies flow through ledgers that would look familiar to a fifteenth-century Florentine banker. Casinos, lottery tickets and government ignorance all power the merry-go-round of dirty money. And it all works brilliantly. Better than ever. There has never been a better time to be a criminal. It's time that changed.

The Secret Life of Dirty Money

Everybody Loves Our Dollars

So zukunftsfeindlich ist Deutschland

Jung im Land der Alten

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