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Talent Wants to Be Free
Why We Should Learn to Love
Leaks, Raids, and Free Riding
Orly Lobel
This timely book challenges
conventional business wisdom about
competition, secrecy, motivation and
creativity. Orly Lobel warns that a set
of counterproductive mentalities are
stifling innovation in many regions
and companies.
In every industry battles to recruit, retain, train, energise and
motivate the best people are fierce. Lobel uncovers factors that
produce winners or losers in the talent wars. Combining
behavioural experiments with observations of contemporary
battles over ideas, secrets and skill, Lobel identifies motivation,
relationships and mobility as the most important ingredients for
successful innovation. Yet many companies relying more on
patents, copyright, branding, espionage and restrictions of their
own talent than on creative energies that are waiting to be
unleashed. Lobel presents a set of positive changes in corporate
strategies, industry norms, regional policies and national laws
that will incentivise talent flow, creativity and growth.
Orly Lobel is Herzog Professor of Law at the University of
San Diego, where she is founding member and professor of
the Center for Intellectual Property and Markets.
February 288 pp. 234x156mm. 14 b/w illus.
HB ISBN 978-0-300-16627-9 £25.00
Current Affairs & Economics 73
Through a
Screen Darkly
Popular Culture, Public Diplomacy,
and America’s Image Abroad
Martha Bayles
What does the world admire most
about America? Science, technology,
higher education, consumer goods –
but not, it seems, freedom and
democracy. Indeed, these ideals are in
global retreat, for reasons ranging from ill-conceived foreign
policy to the financial crisis and the sophisticated propaganda
of modern authoritarians. Another reason, explored for the
first time in this pathbreaking book, is the distorted picture of
freedom and democracy found in America’s cultural exports.
In interviews with thoughtful observers in eleven countries,
Martha Bayles heard many objections to the violence and
vulgarity pervading today’s popular culture. But she also heard
a deeper complaint: namely, that America no longer shares the
best of itself. Tracing this change to the end of the Cold War,
Bayles shows how public diplomacy was scaled back, and inyour-face
entertainment became America’s de facto ambassador.
Martha Bayles is the author of Hole in Our Soul: The Loss of
Beauty and Meaning in American Popular Music. She teaches
humanities at Boston College.
November 320 pp. 229x152mm.
HB ISBN 978-0-300-12338-8 £18.99*
Barley, Gold, or Fiat
Toward a Pure Theory of Money
Thomas Quint and
Martin Shubik
Using simple but rigorously defined
mathematical models, Thomas Quint
and Martin Shubik explore monetary
control in a simple exchange economy.
Examining how money enters, circulates
and exits an economy, they consider the
nature of trading systems and the role
of government authority in the
exchange of consumer goods for
storable money; exchanges made with
durable currency, such as gold; fiat
currency, which is flexible but has no
consumption value; conditions under
which borrowers can declare
bankruptcy; and the distinctions
between individuals who lend their own
money, and financiers, who lend others.
Thomas Quint is Professor of
Mathematics at the University of
Nevada, Reno. Martin Shubik is
Seymour Knox Professor Emeritus of
Mathematical Institutional Economics
at Yale University.
January 384 pp. 234x156mm.
6 b/w illus.
HB ISBN 978-0-300-18815-8 £85.00
The Great Mirror of Folly
Finance, Culture, and the
Crash of 1720
Edited by William N. Goetzmann,
Catherine Labio, Timothy G.
Young and K. Geert Rouwenhorst
With a Foreword by Robert J. Shiller
This beautifully illustrated book presents
a unique cultural record of the world’s
first great financial crisis – the stock
market crash of 1720 in France, England
and Holland – as depicted in the art,
literature and commentary of the time.
William N. Goetzmann is the Edwin
J. Beinecke Professor of Finance and
Management at the Yale School of
Management. Catherine Labio is
associate professor of English at the
University of Colorado Boulder.
K. Geert Rouwenhorst is Robert B. &
Candice J. Haas Professor of Corporate
Finance at the Yale School of
Management. Timothy G. Young is
curator of modern books and
manuscripts at Beinecke Rare Book and
Manuscript Library at Yale University.
Yale Series in Economic and Financial History
October 432 pp. 254x178mm.
240 colour + 15 b/w illus.
HB ISBN 978-0-300-16246-2 £50.00
Unbalanced
The Co-Dependence of America
and China
Stephen Roach
The modern-day Chinese and US
economies have been locked in an
uncomfortable embrace since the late
1970s. Although the relationship was
built on a set of mutual benefits, in
recent years it has taken on the
trappings of an unstable co-dependence.
This insightful book lays bare the
pitfalls of the current China-US
economic relationship, highlighting
disputes over trade policies and
intellectual property rights, sharp
contrasts in leadership styles, the role of
the internet and the political economy
of social stability.
Roach describes a way out of the
escalating tensions of co-dependence and
insists that the Next China offers much
for the Next America – and vice versa.
Stephen Roach is former chairman and
chief economist of Morgan Stanley Asia.
He is senior fellow, Jackson Institute for
Global Affairs and School of
Management, Yale University.
February 288 pp. 234x156mm.
HB ISBN 978-0-300-18717-5 £20.00*