reviews

How Music Got Free by Stephen Witt • online piracy • music industry

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Book cover of How Music Got Free by Stephen Witt

piracy ● true story ● society

Recommendation 4 / 5

How Music Got Free is a look at basically mp3, file-sharing, online piracy and what that did to the music industry between the mid-nineties to the mid-2000s. It is also a story of obsession, music, crime and money. If you have ever looked at your music library on your PC or an mp3 player and asked yourself a question how all these recordings got here, here is a book which helps you to understand the whole process. Stephen Witt, the author of How Music Got Free, once stated…

reviews

Skin in the Game by Nassim Nicholas Taleb • risk management • mathematical finance

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Book cover of Skin in the Game by Nassim Nicholas Taleb - risk management

society ● psychology ● money

Recommendation 3 / 5

Skin in the game, in general, is about if you have the rewards you must also get some of the risks. In such a case, you shouldn’t have an option to let others pay the price of your mistakes. For instance, bureaucracy is a construction by which a person is conveniently separated from the consequences of his or her actions. The worst casualty has been a free market as the public already prone to hating finances conflating free market and higher order forms of corruption and cronyism when in fact it is the exact opposite. It is government, not markets that makes these issues possible…

reviews

Fish Can’t See Water by Kai Hammerich • cultural diversity • corporate culture • national culture

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Book cover of Fish Can’t See Water by Kai Hammerich and Richard D. Lewis

strategy ● society ● culture

Recommendation 2 / 5

Fish Can’t See Water takes the reader through what the origins of culture and cultural understanding are and is based on two highly influential thinkers Edgar Schein and Geert Hofstede and serves as the counter-argument to Thomas Friedman’s The World is Flat which a have reviewed a few weeks ago. It Deep dives into the successes and failures of various multinational corporations and based on these studies authors argue that even in our globalised world, country differences still matter, and how businesses approach…

best choice

Alibaba by Duncan Clark • Jack Ma biography • business magnate

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Book cover of Alibaba by Duncan Clark

biography ● internet ● sales

Recommendation 5 / 5

The impact of Alibaba is not fully appreciated outside China as much as it is within China. Outside China, people may have known the big IPO of Alibaba ($25 billion in 2014) and perhaps some odd founder but I don’t think they understand how much the Internet has changed people’s lives and, particularly, companies such as Alibaba boosted that process. Without the internet, it’s hard to imagine how China would have evolved over the last few decades and how the private sector would have driven the county forward…