Daniel Yergin
Author
Summary
Now with a new epilogue that speaks directly to the current energy crisis, "The Prize" recounts the panoramic history of the world's most important resource: oil. Daniel Yergin's timeless book chronicles the struggle for wealth and power that has surrounded oil for decades and that continues to fuel global rivalries, shake the world economy, and transform the destiny of men and nations. This updated edition categorically proves the unwavering significance...
Author
Summary
This sequel to The Prize provides a narrative of global energy, the principal engine of geopolitical and economic change. Energy authority Yergin tells the inside stories of the oil market, the rise of the "petrostate, " the race to control the resources of the former Soviet empire, and the massive corporate mergers that transformed the oil landscape. He shows how the drama of oil will continue to shape our world, and takes on the tough questions:...
Summary
Episode one: explains how, for the last half of the 20th century, the world moved toward more governmental control of markets -- from the centrally planned economies of the communist world to the "mixed economies" of Europe and the developing world to the United States' regulated capitalism -- and then began to move away from governmental control in the 1980s and 1990s. Discuss two important economists of this era: John Maynard Keynes, who advocated...