Book Bits: Nine New Books From Chomsky And Buffett To New Voices

● Driven: The Race to Create the Autonomous Car
Alex Davies
Review via Berkeleyside
It may be a stretch to call Davies’ new book The Right Stuff for the Age of the Autonomous Vehicle, but it shares some of Tom Wolfe’s narrative exuberance, pioneer spirit and eye for the telling detail. Davies chronicles the tech industry’s fascination with self-driving vehicles, from their origins in three “Grand Challenges” sponsored by the Defense Advanced Research Projects Agency (DARPA) to the attempts by Google, Uber and the city of Detroit to exploit the innovative technology for the auto-buying public.


● China and the WTO: Why Multilateralism Still Matters
Petros C. Mavroidis and Andre Sapir
Summary via publisher (Princeton U. Press)
China’s accession to the World Trade Organization (WTO) in 2001 was rightly hailed as a huge step forward in international cooperation. However, China’s participation in the WTO has been anything but smooth, with China alienating some of its trading partners, particularly the United States. The mismatch between the WTO framework and China’s economic model has undermined the WTO’s ability to mitigate tensions arising from China’s size and rapid growth. What has to change? China and the WTO demonstrates that unilateral pressure, by the United States and others, is not the answer. Instead, Petros Mavroidis and André Sapir show that if the WTO enacts judicious reforms, it could induce China’s cooperation, leading to a renewed confidence in the WTO system.

● Alternative Data: Capturing the Predictive Power of Big Data for Investment Success
Mani Mahjouri
Summary via publisher (Wiley)
Alternative Data opens a gateway to the future of investing, using Open Halo technology to provide real-time performance analysis and breathtaking data visualization. Once solely available to the elites, this technology utilizes observational and transactional data covering vast numbers of stocks to analyze and forecast a company’s performance, often months ahead of any official announcement. This book shows you how to leverage this capability to make smarter investment decisions and predict market moves based on much more than conjecture.

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Disclosure: None.

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