July 26th 2007

Connected: 24 Hours in the Global Economy. Daniel Altman

Connected: 24 Hours in the Global Economy. Daniel Altman. 2007. ISBN 978-0-374-13532-4. This is the penultimate insiders view of the world economy as Altman ( a serious business journalist with a PhD.), lets you peek inside the worlds of a dozen decision maker/influencers/ordinary people in many countries, in the same 24 hr period. Fascinating and much more insightful than The World is Flat. I can never read the world business news the same way again. It caused me to renew my online The Economist subscription. I appreciated the inside views on currency exchanges, credit and inflation. The story of Haier in China – delightful vignettes. I had forgotten how much Japan lacked competition until pointed out by Altman. The background on why the US will continue to force its dollar lower is worth the book price. The story about the plight of Chinese peasants really pulls at your gut. A must read, it is topical, thought provoking and appropriate for our market planning.

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