In this podcast, the hosts discuss their favorite reads of 2023, including books on the changing world order, empires, women's equity, demographic shifts, inequality, and historical fiction. They provide book recommendations ranging from dark comedy to thrilling plots, and conclude the episode with gratitude and information about their web portal and research.
Ray Dalio's book, Principles for Dealing with the Changing World Order, presents a cautionary tale of a declining US and a rising China, offering a model to measure the stage and status of a country.
The book Career and Family: Women's Century-Long Journey Towards Equity by Dr. Claudia Golden highlights the progress made in gender equity over the past century while addressing the existing inequities and offers a prescriptive approach, showing that women can balance career and family with a little flexibility.
Deep dives
Ray Dalio's Principles for Dealing with the Changing World Order
Noel Dixon recommends Ray Dalio's book, Principles for Dealing with the Changing World Order. The book explores the concept of the big cycle, which examines the rise and fall of major empires over the past 500 years. It presents a cautionary tale of a declining US and a rising China, offering a model to measure the stage and status of a country. Regardless of one's position on the matter, the book is seen as a fascinating and compelling read.
Career and Family: Women's Century-Long Journey Towards Equity
Kayla Sader recommends the book Career and Family: Women's Century-Long Journey Towards Equity by Dr. Claudia Golden. This book highlights the progress made in gender equity over the past century while addressing the existing inequities. It emphasizes the impact of such research on resource management and offers a prescriptive approach, showing that women can balance career and family with a little flexibility.
Rationality: What It Is, Why It Seems Scarce, and Why It Matters
Dan Gerard suggests reading the book Rationality: What It Is, Why It Seems Scarce, and Why It Matters by Professor Stephen Pinker. This book challenges the perception of humans as inherently irrational and explores rational decision-making in different contexts. It combines history, instruction, and philosophy to engage readers, spark new connections, and inspire discussions.
It is hard to imagine being a market strategist and not being a voracious reader. The Strategy team at State Street Global Markets certainly love a book. And every Christmas, it is tradition for us to publish recommendations of the best things we've read (or listened to!) over the previous year - often they have nothing to do with our day jobs. This year, we published our 10th edition of that list, available now on our Insights platform. This week's podcast is an audio summary of that document and a chance to bid you a very festive and happy holiday season, and wish you a Happy New Year!