Holiday reading (3)

For our third entry in the Holiday reading series, we are looking at two non-fiction titles of a more worldly nature which were read by our new Economics teacher, Ms Rauh-Wasmund, and our new Head of Sixth Form, Mr Walker.

Firstly, let’s consider Ms Rauh-Wasmund’s choice.  Her book is entitled Traders, guns and money : knowns and unknowns in the dazzling world of derivatives by Satyajit Das.  Ms Rauh-Wasmund says of her Christmas reading:

“Over the holiday I started to read Traders, guns and money by Satyajit Das.  It focuses on simplifying the complexities of derivative trading.”

Nielsen BookData Online has this to add : “A sensational and compelling insider’s view that lifts the lid on the fast-paced and dazzling world of derivatives… ‘Traders, Guns and Money’ is a wickedly comic exposé of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people’s money. This sensational insider’s view of the business of trading and marketing derivatives, explains the frighteningly central role that derivatives and financial products played in the global financial crisis. This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as ‘financial weapons of mass destruction’. ‘Traders, Guns and Money’ will introduce you to the players and the practices and reveals how the real money is made and lost.” (Accessed 26 January 2018.) Sounds like a fascinating business, and this book is the one to introduce you to it…

Mr Walker’s book of the holidays is Daniel H Pink’s title Drive : the surprising truth about what motivates usIt seems that we are not essentially motivated by money, but instead are fundamentally wired to search for a deeper satisfaction, the need to direct our lives.  Mr Walker recommend this book for students of Psychology, but perhaps we could all learn from Pink’s assertion, that we have a need to ‘learn and create new things, and to do better by ourselves and our world’. (Click on the link above for more information.)

Reading anything, we learn so much, and one of the best things about writing these blog entries to discover new reading lists and recommendations for others.  I hope that you will be as interested and find something here to make you think.  Do let me know!

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