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The Phoenix Economy
- Work, Life, and Money in the New Not Normal
- Narrated by: Felix Salmon
- Length: 10 hrs and 1 min
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Publisher's summary
Winner of the 2023 SABEW Best in Business Book Award for Investing and Personal Finance
An award-winning journalist presents a tour-de-force analysis—drawing from history, economics, sociology, and popular culture—of the profound and transformative years of the early 2020s, both for individuals and for the global economy.
We are living in a strange world—Salmon calls it “the New Not Normal.” The Phoenix Economy explores the ramifications of the pandemic years, many of which are surprisingly positive. In doing so, Salmon makes sense of one of the most disorienting and devastating events of our lifetimes. He examines the critical aspects of our lives that have been transformed in three parts: Time and Space, Mind and Body, and Business and Pleasure.
Salmon’s keen observations, on everything from meme stocks to lobster rolls, are backed by a deep understanding of financial markets and the quirks of human behavior. His clear-eyed perspective on human and economic events, combined with his considerable analytical and observational skills, make The Phoenix Economy an insightful, fast-paced listen.
This book is essential for anyone wanting a better understanding of the near- and long-term effects of this new era and what they portend for our lives. It’s a penetrating insight into what happened—and, more important, what lies ahead.
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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The Complacent Class
- The Self-Defeating Quest for the American Dream
- By: Tyler Cowen
- Narrated by: Walter Dixon
- Length: 7 hrs and 39 mins
- Unabridged
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Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to legendary blogger, economist, and best-selling author Tyler Cowen, is that Americans today have broken from this tradition - we're working harder than ever to avoid change.
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MUST READ
- By RJW on 05-06-17
By: Tyler Cowen
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The Ascent of Money
- A Financial History of the World
- By: Niall Ferguson
- Narrated by: Simon Prebble
- Length: 11 hrs and 27 mins
- Unabridged
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Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. Niall Ferguson shows that finance is in fact the foundation of human progress.
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A mostly successful and interesting history
- By A reader on 02-24-09
By: Niall Ferguson
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How Are You Going to Pay for That?
- Smart Answers to the Dumbest Question in Politics
- By: Ryan Cooper
- Narrated by: Ryan Cooper
- Length: 8 hrs and 22 mins
- Unabridged
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How Are You Going to Pay for That? is filled with engaging discussions and detailed strategies that policymakers and citizens alike can use to assail even the most entrenched lines of neoliberal logic and start to undo these long-held misconceptions. Equal parts economic theory, history, and political polemic, this is an essential roadmap for winning the key battles to come.
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Yay, Taxes!!!
- By Luvelway on 02-19-24
By: Ryan Cooper
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Money for Nothing
- The Scientists, Fraudsters, and Corrupt Politicians Who Reinvented Money, Panicked a Nation, and Made the World Rich
- By: Thomas Levenson
- Narrated by: Dan Bittner
- Length: 12 hrs and 12 mins
- Unabridged
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In the heart of the Scientific Revolution, when new theories promised to explain the affairs of the universe, Britain was broke, facing a mountain of debt accumulated in war after war it could not afford. But that same Scientific Revolution - the kind of thinking that helped Isaac Newton solve the mysteries of the cosmos - would soon lead clever, if not always scrupulous, men to try to figure a way out of Britain’s financial troubles.
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Financial innovation's first song of the siren.
- By Michael Barnett on 09-06-20
By: Thomas Levenson
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Plutocrats
- The Rise of the New Global Super-Rich and the Fall of Everyone Else
- By: Chrystia Freeland
- Narrated by: Allyson Ryan
- Length: 11 hrs and 38 mins
- Unabridged
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There has always been some gap between rich and poor in this country, but in the last few decades what it means to be rich has changed dramatically. Alarmingly, the greatest income gap is not between the 1 percent and the 99 percent, but within the wealthiest 1 percent of our nation-as the merely wealthy are left behind by the rapidly expanding fortunes of the new global super-rich. Forget the 1 percent; Plutocrats proves that it is the wealthiest 0.1 percent who are outpacing the rest of us at break-neck speed.
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Good Storytelling but ... analysis is "eh'
- By Susan on 11-04-12
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Why Wall Street Matters
- By: William D. Cohan
- Narrated by: Rob Shapiro
- Length: 4 hrs and 14 mins
- Unabridged
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William D. Cohan is no knee-jerk advocate for Wall Street and the big banks. He's one of America's most respected financial journalists and the progressive best-selling author of House of Cards. He has long been critical of the bad behavior that plagued much of Wall Street in the years leading up to the 2008 financial crisis, and because he spent 17 years as an investment banker on Wall Street, he is an expert on its inner workings as well.
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An Inch Deep and A Mile Wide
- By Doug Sheridan on 04-26-17
By: William D. Cohan
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The Instant Economist
- Everything You Need to Know About How the Economy Works
- By: Timothy Taylor
- Narrated by: Don Hagen
- Length: 9 hrs and 35 mins
- Unabridged
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
- By Jake on 02-15-15
By: Timothy Taylor
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The 9.9 Percent
- The New Aristocracy That Is Entrenching Inequality and Warping Our Culture
- By: Matthew Stewart
- Narrated by: Sean Patrick Hopkins
- Length: 12 hrs and 6 mins
- Unabridged
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In 21st century America, the top 0.1 percent of the wealth distribution have walked away with the big prizes even while the bottom 90 percent have lost ground. What’s left of the American Dream has taken refuge in the 9.9 percent that lies just below the tip of extreme wealth. Collectively, the members of this group control more than half of the wealth in the country - and they are doing whatever it takes to hang on to their piece of the action in an increasingly unjust system.
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Fantastic
- By Davena on 01-05-23
By: Matthew Stewart
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The Impulse Society
- America in the Age of Instant Gratification
- By: Paul Roberts
- Narrated by: Edoardo Ballerini
- Length: 9 hrs and 39 mins
- Unabridged
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Paul Robert digs down to the economic roots of the problem, shows how it has metastisized to affect every facet of our lives and our ability to navigate the future. In clear, cogent prose that mixes illuminating analysis and vibrant reporting, Roberts not only tells the fascinating story of how the impulse society came to be, but shows how, perhaps, a healthier society may still be possible.
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A Must-Listen for Millenials
- By Doug - Audible on 03-31-15
By: Paul Roberts
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Arguing with Socialists
- By: Glenn Beck
- Narrated by: Glenn Beck, Jeremy Lowell
- Length: 11 hrs and 24 mins
- Unabridged
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In Arguing with Socialists, New York Times best-selling author Glenn Beck arms listeners to the teeth with information necessary to debunk the socialist arguments that have once again become popular, and proves that the free market is the only way to go. With his trademark humor, Beck lampoons the resurgence of this bankrupt leftist philosophy with thousands of stories, facts, and arguments for anyone who is willing to ask the hard questions.
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Its great...whatever
- By Jon on 04-08-20
By: Glenn Beck
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Naked Money
- A Revealing Look at What It Is and Why It Matters
- By: Charles Wheelan
- Narrated by: Jonathan Davis
- Length: 13 hrs and 11 mins
- Unabridged
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Consider the $20 bill. It has no more value, as a simple slip of paper, than Monopoly money. Yet even children recognize that tearing one into small pieces is an act of inconceivable stupidity. What makes a $20 bill actually worth $20? In the third volume of his best-selling Naked series, Charles Wheelan uses this seemingly simple question to open the door to the surprisingly colorful world of money and banking.
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This is a beautiful audiobook, and well-narrated.
- By Thirsty Mind on 11-10-18
By: Charles Wheelan
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The story of Ethereum begins with Vitalik Buterin, a supremely gifted 19-year-old autodidact who saw the promise of blockchain when the technology was in its earliest stages. He convinced a crack group of coders to join him in his quest to make a super-charged, global computer. The Infinite Machine introduces Vitalik’s ingenious idea and unfolds Ethereum’s chaotic beginnings. It then explores the brilliant innovation and reckless greed the platform has unleashed and the consequences that resulted as the frenzy surrounding it grew.
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One of the best books of the year
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The Hot Hand
- The Mystery and Science of Streaks
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For decades, statisticians, social scientists, psychologists, and economists (among them Nobel Prize winners) have spent massive amounts of precious time thinking about whether streaks actually exist. After all, a substantial number of decisions that we make in our everyday lives are quietly rooted in this one question: If something happened before, will it happen again? Is there such a thing as being in the zone? Can someone have a "hot hand"? Or is it simply a case of seeing patterns in randomness? Or, if streaks are possible, where can they be found?
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Well written, but not concise
- By Anthony Howes on 05-10-23
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Perfectly Confident
- How to Calibrate Your Decisions Wisely
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Decades of research demonstrates that we often have an over-inflated sense of self and are rarely as good as we believe. Perfectly Confident is the first book to bring together the best psychological and economic studies to explain exactly what confidence is, when it can be helpful, and when it can be destructive in our lives.
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When the Earth Had Two Moons
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In 1959, the Soviet probe Luna 3 took the first photos of the far side of the Moon. Even in their poor resolution, the images stunned scientists: The far side is an enormous mountainous expanse, not the vast lava plains seen from Earth. Subsequent missions have confirmed this in much greater detail. How could this be, and what might it tell us about our own place in the universe? As it turns out, quite a lot. When the Earth Had Two Moons is an astonishing exploration of planet formation and the origins of life by one of the world’s most innovative planetary geologists.
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Poorly written, poorly narrated
- By RickyF on 05-11-23
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Eat Sleep Work Repeat
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As an executive with decades of management experience at top Silicon Valley companies including YouTube, Google, and Twitter, Bruce Daisley has given a lot of thought to what makes a workforce productive and what factors can improve the workplace to benefit a company’s employees, customers, and bottom line. In his debut book, he shares what he’s discovered, offering practical, often counterintuitive, insights and solutions for reinvigorating work to give us more meaning, productivity, and joy at the office.
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The book is dangerous in a bad way.
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The Infinite Machine
- How an Army of Crypto-Hackers Is Building the Next Internet with Ethereum
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The story of Ethereum begins with Vitalik Buterin, a supremely gifted 19-year-old autodidact who saw the promise of blockchain when the technology was in its earliest stages. He convinced a crack group of coders to join him in his quest to make a super-charged, global computer. The Infinite Machine introduces Vitalik’s ingenious idea and unfolds Ethereum’s chaotic beginnings. It then explores the brilliant innovation and reckless greed the platform has unleashed and the consequences that resulted as the frenzy surrounding it grew.
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sensationalist hero worship by parties that have investment in ETH
- By Fernand Dumortier on 12-13-22
By: Camila Russo
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Conflicted
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- Narrated by: Matthew Lloyd Davies
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In an increasingly polarized world, our only chance for coming together and moving forward is to learn from those who have mastered the art and science of disagreement. In this much-needed book, Ian Leslie explores what happens to us when we argue, why disagreement makes us stressed, and why we get angry. By drawing together the lessons he learns from different experts, he proposes a series of clear principles that we can all use to make our most difficult dialogues more productive—and our increasingly acrimonious world a better place.
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One of the best books of the year
- By chris boutte on 03-19-21
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The Hot Hand
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For decades, statisticians, social scientists, psychologists, and economists (among them Nobel Prize winners) have spent massive amounts of precious time thinking about whether streaks actually exist. After all, a substantial number of decisions that we make in our everyday lives are quietly rooted in this one question: If something happened before, will it happen again? Is there such a thing as being in the zone? Can someone have a "hot hand"? Or is it simply a case of seeing patterns in randomness? Or, if streaks are possible, where can they be found?
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Well written, but not concise
- By Anthony Howes on 05-10-23
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Perfectly Confident
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- Length: 6 hrs and 19 mins
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Decades of research demonstrates that we often have an over-inflated sense of self and are rarely as good as we believe. Perfectly Confident is the first book to bring together the best psychological and economic studies to explain exactly what confidence is, when it can be helpful, and when it can be destructive in our lives.
By: Don A. Moore
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When the Earth Had Two Moons
- Cannibal Planets, Icy Giants, Dirty Comets, Dreadful Orbits, and the Origins of the Night Sky
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In 1959, the Soviet probe Luna 3 took the first photos of the far side of the Moon. Even in their poor resolution, the images stunned scientists: The far side is an enormous mountainous expanse, not the vast lava plains seen from Earth. Subsequent missions have confirmed this in much greater detail. How could this be, and what might it tell us about our own place in the universe? As it turns out, quite a lot. When the Earth Had Two Moons is an astonishing exploration of planet formation and the origins of life by one of the world’s most innovative planetary geologists.
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Poorly written, poorly narrated
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The book is dangerous in a bad way.
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The Art of Fear
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We all feel fear. Yet we are often taught to ignore it, overcome it, push past it. But to what benefit? This is the essential question that guides Kristen Ulmer's remarkable exploration of our most misunderstood emotion in The Art of Fear. Once recognized as the best extreme skier in the world (an honor she held for 12 years), Ulmer knows fear well. In this conversation-changing audiobook, she argues that fear is not here to cause us problems.
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Lacks efficacy and contradicts herself...hard no!
- By Julie Collins on 10-08-22
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Dark Towers
- Deutsche Bank, Donald Trump, and an Epic Trail of Destruction
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In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank's history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law.
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Trying really hard to pay attention
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How to Educate a Citizen
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In How to Educate a Citizen, E.D. Hirsch continues the conversation he began 30 years ago with his classic best seller Cultural Literacy, urging America’s public schools, particularly at the elementary level, to educate our children more effectively to help heal and preserve the nation. Since the 1960s, our schools have been relying on “child-centered learning”. History, geography, science, civics, and other essential knowledge have been dumbed down by vacuous learning “techniques” and “values-based” curricula.
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Practice in Reserving Judgement
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By: E. D. Hirsch
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Aesthetic Intelligence
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In this groundbreaking audiobook, Pauline Brown, a former leader of the world’s top luxury goods company and a pioneer in identifying the role of aesthetics in business, shows executives, entrepreneurs, and other professionals how to harness the power of the senses to create products, services, and experiences that stand out, resonate with their customers, and create long-term value for their businesses. The power is rooted in Aesthetic Intelligence - or "the other AI", as Brown refers to it.
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Good but too surface level.
- By gil nevo on 04-28-20
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Rethinking Success
- Eight Essential Practices for Finding Meaning in Work and Life
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The financier, Georgetown University professor, and former White House advisor teaches you how to find meaning, balance, and purpose throughout your career while reaching the highest levels of professional achievement - how to do well without losing yourself. Throughout his illustrious career, J. Douglas Holladay has taught generations of executives, as well as students in his popular MBA course at Georgetown, how to use a holistic approach to defining and reaching success in life and business.
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No me me resultó útil
- By diego.ferreyra on 09-11-22
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The Neurogeneration
- The New Era in Brain Enhancement That Is Revolutionizing the Way We Think, Work, and Heal
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The human brain is perhaps the most powerful and mysterious arrangement of matter in the known universe. New discoveries that unravel this mystery and let us tap into this power offer almost limitless potential - the ability to reshape ourselves and our thought processes, to improve our health and extend our lives, and to enhance and augment the ways we interact with the world around us. In The NeuroGeneration, award-winning inventor Tan Le explores exciting advancements in brain science and neurotechnology that are revolutionizing the way we think, work, and heal.
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Chock full of eye opening information!
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The Business of Platforms
- Strategy in the Age of Digital Competition, Innovation, and Power
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A trio of experts on high-tech business strategy and innovation reveal the principles that have made platform businesses the most valuable firms in the world and the first trillion-dollar companies.
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doesnt teach you much
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By: Michael A. Cusumano, and others
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The Key Man
- The True Story of How the Global Elite Was Duped by a Capitalist Fairy Tale
- By: Simon Clark, Will Louch
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Arif Naqvi was charismatic, inspiring, and self-made—all the qualities of a successful business leader. The founder of Abraaj, a Dubai-based private-equity firm, Naqvi was the Key Man to the global elite searching for impact investments to make money and do good. In 2018, Simon Clark and Will Louch were contacted by an anonymous whistleblower who said Naqvi had swindled investors out of hundreds of millions of dollars and offered bribes to sustain his billionaire lifestyle. In April 2019—months after their exposé broke—Naqvi was arrested on charges of fraud and racketeering.
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A great take on one of the greatest swindleds
- By Amer on 05-05-23
By: Simon Clark, and others
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Tickled
- A Commonsense Guide to the Present Moment
- By: Duff McDonald
- Narrated by: Sean Pratt
- Length: 9 hrs and 8 mins
- Unabridged
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Performance
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Story
A New York Times best-selling journalist sets out to explore our addiction to the quantification of everything and ends up confronting his own addiction to certainty. In the quiet of quarantine, he decides to choose ease, rather than control - pursuing habits and hobbies that bring joy and “tickles” to each and every moment - and finds peace of mind, renewed creativity, and deepened relationships are the reward.
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It was just okay
- By AMCNYC on 11-10-21
By: Duff McDonald
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Breaking Open
- How Your Pain Becomes the Path to Living Again
- By: Jacob Armstrong
- Narrated by: Jacob Armstrong
- Length: 4 hrs and 20 mins
- Unabridged
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Overall
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Performance
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Pastor Jacob Armstrong exposes the seven dangerous ways that we commonly seek to avoid a breakdown, showing how these seven ways are stealing life from us, and then walks us through a progression of seven Jesus-ways that move us from merely breaking to breaking open. It is these Jesus-ways that get us to the good stuff: a life filled with hope and opportunity.
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Beautiful mess!
- By J. Mehta on 11-01-23
By: Jacob Armstrong
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Selfless
- The Social Creation of “You”
- By: Brian Lowery
- Narrated by: Aaron Goodson
- Length: 6 hrs and 50 mins
- Unabridged
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Overall
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Performance
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Story
Social psychologist and Professor at the Stanford Graduate School of Business Brian Lowery argues for the radical idea that the “self” as we know it, does not exist. The self—that “voice in your head”—is a social construct, created in our relationships and social interactions. We are unique because our individual pattern of relationships is unique. We change because our relationships change. Your self isn’t just you, it’s all around you.
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starts off with a bang
- By Andrew Burke on 06-18-23
By: Brian Lowery
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Kick Up Some Dust
- Lessons on Thinking Big, Giving Back, and Doing It Yourself
- By: Bernie Marcus
- Narrated by: Fred Sanders
- Length: 7 hrs and 32 mins
- Unabridged
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Performance
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Story
The start of Home Depot sounds like the beginning of a bad joke: Two Jews and an Italian decide to build a new kind of hardware store... In 1978, Bernie Marcus's livelihood depended on just such a scenario. Having been fired at the age of forty-nine, he teamed up with Arthur Blank and Ken Langone on a bold new endeavor. Their first day in business was so disastrous that the next morning, Marcus's wife wouldn't let him shave because she didn't want a razor in his hands.
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Inspirational and Charming
- By Zander on 10-09-24
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What listeners say about The Phoenix Economy
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Ernani DeAraujo
- 06-28-23
Like his podcast get the book
Felix is great. Interesting topics good depth on economic issues. If you like his podcast you should get this.
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- Bob
- 05-11-23
Fascinating and though provoking
This book has the best introduction of any non-fiction book I have ever read. The meat of it is good too. Even when when it ventures into the changes in the finance world, it always ties it back to reality and day to day experience in often surprising ways. The author’s narration is a delight, no surprise given his podcast experience. Be warned though: know the definition of the word “liminal” before you start this book!
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- Brannon Crawford
- 05-29-23
A good engaging book
I have some small disagreements with the way he contextualizes things but this is a good book if you want to read about the modern economy
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- A. Carter
- 06-11-23
Interesting point in time analysis
Salmon is always interesting, articulate, and well-sourced. This book feels very much like the type of point-in-time news and trend analysis he excels at, which is fun enough if you know what you're getting into. More tickles your brain than blows your hair back.
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- Andrew Masse
- 07-08-23
Heard on What Future?
Interesting convo with Josh on the What Future? Podcast so wanted to give it a go. Felix dives into countless topics and backs up his findings with data. If you have a hunch something changed in the economy over past few years, but aren’t sure how to quantify it, fear not. This book will cover it.
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- Louis R. Zibelli
- 06-07-23
Excellent déjà vu
Felix Salmon put together the pieces of the pero- pandemic economy, as well as Adam Tooze does with the 2008 financial crisis in his book “Crash“. Much of what he writes about is common knowledge, but when put together in context, it is extremely enlightening, because Felix knows how to connect the dots. highly recommend it
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4 people found this helpful
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- Consumer Expert!
- 07-20-23
Very insightful!
That’s exactly what we are all experiencing after Covid and it’s a great book for future generations to read
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2 people found this helpful
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- Zangfroid
- 05-20-23
A great addition to the Felix Salmon audio universe
If you’re interested in a witty, easy to digest assessment of the economic repercussions of the last three years, you’ll want to read this book. And if you’re a fan of Felix’s podcast work, do yourself the favor of getting the audiobook.
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- Krissy
- 06-06-23
Don't waste your time
A single man's biased opinion of the pandemic. You will learn nothing. Do not waste your time.
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3 people found this helpful