#73 - Greg Sharenow: Inflation History, Outlook, and Hedging

The Prize chronicles the struggle for wealth and power that has surrounded oil for over a century. The book spans from the drilling of the first well in Pennsylvania through two great world wars, the Iraqi invasion of Kuwait, Operation Desert Storm, and the Iraq War, to current climate change. It is a definitive work on the subject of oil, addressing its role in shaping major world events, global power dynamics, and the ongoing energy crisis. Yergin's narrative includes the rise of John D. Rockefeller's Standard Oil, the discovery of oil in various regions, and the geopolitical clashes over oil resources, making it crucial for understanding world politics and the global economy.

From Beirut to Jerusalem is a detailed and insightful book by Thomas L. Friedman, chronicling his ten years as a reporter in the Middle East. The book covers his time in Beirut during the Lebanese Civil War and in Jerusalem during the first year of the Intifada. Friedman provides a rich narrative filled with anecdotes, history, analysis, and autobiography, offering a nuanced view of the political and personal conflicts in the region. The book includes updates on critical events and a fresh discussion of the Arab Awakenings and their impact on the area. It is a vital resource for understanding the complexities and ongoing conflicts in the Middle East.