The Soft Edge, Rich Karlgaard
This 2014 book is about the five variables – trust, taste, teamwork, story and smarts – that make up “the soft edge”. Karlgaard explains how the soft edge is to be found in a company's core values, next to strategy and execution. He describes how the five variables within the soft edge provide for more innovation, while accelerating strategy and execution. It’s a very timely book to read on “how” to achieve our “why”.
Debt: The First 5,000 Years, David Graeber and The Divide: American Injustice in the Age of the Wealth Gap, Matt Tahibbi
Making a #summerofbooks recommendation from her @CashQuestions Twitter profile, Shaw first suggests the book by anthropologist Graeber that presents a “reversal of conventional wisdom” around the history of money and credit. Her second suggestion is the 2014 exploration of growing wealth inequality in the United States by Rolling Stone magazine editor Tahibbi.
Shaw’s final suggestion is for a summary of the 696 page Thomas Piketty bestseller included in the ING economists’ list “if summer is not long enough” to read the original.
Start Late, Finish Rich, David Bach
Another recommendation from Twitter, @CemTimurkan suggests the books of financial author and motivational speaker David Bach. While some of the titles date from the 1990s, he sums up the oeuvre by writing “still relevant...still teaching...".
What’s on your list?
The 2014 “must read” list from ING economists is here and the 2013 list is here.
If you have a book to recommend, tell us here or if you have a question to ask our economist Ian Bright, post it here.