New Books Network

David Bahnsen, “The Case for Dividend Growth: Investing in a Post-Crisis World” (Post Hill Press, 2019)
Dividend investors are a small but dedicated band. Ten years into a stock market rally led by no or low-dividend paying companies, they still argue in favor of long-term business ownership rather than betting on near-term prices in the market. They still view a dividend as, in the words of... Read More
Philip Grant, “Chains of Finance: How Investment Management is Shaped” (Oxford UP, 2017)
The authors of Chains of Finance: How Investment Management is Shaped (Oxford University Press, 2017) make points that professionals already know and that end-investors ought to know: that there are a lot of cooks in the investment kitchen, and that the investment process is materially shaped by the chain of... Read More
Sarah L. Quinn, “American Bonds: How Credit Markets Shaped a Nation” (Princeton UP, 2019)
Federal housing finance policy and mortgage-backed securities have gained widespread attention in recent years because of the 2008 financial crisis, but government credit has been part of American life since the nation’s founding. Sarah L. Quinn’s new book dissects the political and social development of these policies in American Bonds:... Read More
John Quiggin, “Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly” (Princeton UP, 2019)
Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don’t want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So... Read More
Robert Atkinson and Michael Lind, “Big is Beautiful: Debunking the Myth of Small Business” (MIT Press, 2018)
Small is beautiful, right? Isn’t that what we’ve all been taught? From Jeffersonian politics to the hallowed family farm, from craft breweries to tech start ups in the garage. Small business is the engine and the soul and the driver of the American system. That’s the dominant narrative. And according... Read More
Ekaterina Svetlova, “Financial Models and Society: Villains or Scapegoats” (Elgar, 2018)
The machines have taken over…. For many operating in investment management, it can certainly seem that way: factor investing, algorithmic investing, dynamic hedging instruments, risk management derivatives driven by changes in market prices, etc. dominate much of the investment narrative. And now and again these supposedly superior investment approaches get... Read More
Richard Vague, “A Brief History of Doom: Two Hundred Years of Financial Crises” (U Pennsylvania Press, 2019)
Richard Vague really really cares about private-sector debt. And he thinks you should too. In A Brief History of Doom: Two Hundred Years of Financial Crises (University of Pennsylvania Press, 2019), Vague sees the rise and fall of private sector debt as the key factor explaining the cycle of economic... Read More