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Financial Times Business Book of the Year Award winners
Learn more about financial crises, income inequality, cybersecurity, and more.
Publicado em 24 de Janeiro de 2024
Right Kind of Wrong: The Science of Failing Well
Amy C Edmondson2023 winner: We’re often taught to avoid failure, but what if there was a better way to live, work, and grow? Harvard Business School professor Edmonson (“The Fearless Organization”) guides readers on the “right” way to fail and how organizations can use psychological safety to transform missteps into learning experiences. A powerful — and empowering — lesson on the iterative nature of life.
Chip War: The Fight for the World's Most Critical Technology
Chris Miller2022 winner: The rise of technology and the IoT (internet of things) means more devices than ever are controlled by microchips. It’s no longer just computers and smartphones, but also cars, home appliances, solar panels, and more. In short, the world runs on chips. For years, America led in microchip innovation and advancement, but China is gaining ground. Miller explores the policies, both governmental and corporate, that led to the U.S. losing its lead, as well as the economic and political fallout we can expect if nothing changes.
This Is How They Tell Me the World Ends: The Cyberweapons Arms Race
Nicole Perlroth2021 winner: These days, our data floats around in the cloud, and our homes are full of “smart” appliances connected to the Internet. But all of this has left us wide open to cyberattacks, and Perlroth, a cybersecurity reporter for The New York Times, sounds the alarm that unprecedented disaster is looming. This book reveals how we’re living in the most frightening political thriller ever written.
No Filter: The Inside Story of Instagram
Sarah Frier2020 winner: This is the story of how Instagram started in 2010 and in a mere 10 years became a worldwide phenomenon with over one billion users. Frier, a tech journalist, takes you behind the lens with those who turned the social media platform into a tool that’s altered all our lives, including interviews with co-founders Kevin Systrom and Mike Krieger.
Janesville: An American Story
Amy Goldstein2017 winner: This is a groundbreaking recipient of the FT award in more ways than one. Goldstein, a Pulitzer Prize-winning journalist, is the first solo female author to win the award, and it’s the rare business book that puts community and policy issues at the forefront.
Rise of the Robots: Technology and the Threat of a Jobless Future
Martin Ford2015 winner: Will robots create new utopian careers for us humans? Or will they steal our jobs? In this book, Silicon Valley entrepreneur Ford argues that as tech innovations and artificial intelligence accelerate, “good jobs” will disappear. This is essential reading for leaders who want to understand the economic implications of technical disruption and how it may spell doom for the consumer economy.
Capital in the Twenty-First Century
Thomas Piketty2014 winner: Do you ever feel like the rich keep getting richer while the lower- and middle-classes struggle to stay afloat? Piketty, a French economist, ascribes the inequality seen in wealthier nations to one simple idea: A growing wealth-to-income ratio. “Capital in the Twenty-First Century” is lauded for its meticulous and copious data, with statistics stretching across continents and centuries. Learn what society may eventually look like if a small percentage of people continue to hold the majority of wealth.
Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty
Abhijit V. Banerjee2011 winner: Authors Banerjee and Duflo won the 2019 Nobel Prize in Economics, teach economics at MIT, and have spent many years studying global poverty. "Poor Economics" challenges all the common stereotypes about people living in poverty. Most crucially, the book provides policy solutions that could reduce the increasing gap between rich and poor.
Fault Lines: How Hidden Fractures Still Threaten the World Economy
Raghuram G. Rajan2010 winner: The 2007–2009 financial crisis was one of the worst in modern history, and this book is one of the best at explaining the many factors that led to this global downturn. “Fault Lines” explains the policies that needed to change to avoid a similar catastrophe in the future. As the COVID-19 pandemic alters the global economy and American homeownership is more competitive than ever, this book provides a needed lesson on recent economic history.
Lords of Finance: The Bankers Who Broke the World
Liaquat Ahamed2009 winner: Go even further back in the financial crisis timeline with “Lords of Finance,” which asserts that the Great Depression in 1929 had one main cause: a failed attempt by the world’s main central bankers to save the financial system in the wake of World War I. It’s a thought-provoking alternate history about a time period we think we know so well, but are still coming to understand.
When Markets Collide: Investment Strategies for the Age of Global Economic Change
Mohamed El-Erian2008 winner: El-Erian wrote this for professional investors wondering how to navigate the constantly changing world order. Though the book addresses the immediate fallout of the 2007–2009 financial crisis, its observations about debtor nations and other market considerations still apply to volatile markets.
The World Is Flat 3.0: A Brief History of the Twenty-first Century
Thomas L. Friedman2005 winner: An essential read on globalization — its opportunities for individuals, its achievements at lifting millions out of poverty, and, of course, its drawbacks — from Friedman, a three-time Pulitzer Prize-winner. First published in 2005, it’s already had two new editions released, proving Friedman’s point that the flattening of the playing field means everything moves very quickly.