Winner of the 2019 National Business Book Award A groundbreaking take on how complexity causes failure in all kinds of modern systems—from social media to air travel—this practical and entertaining book reveals how we can prevent meltdowns in business and life. A crash on the Washington, D.C. metro system. An accidental overdose in a state-of-the-art hospital. An overcooked holiday meal. At first glance, these disasters seem to have little in common. But surprising new research shows that all these events—and the myriad failures that dominate headlines every day—share similar causes. By understanding what lies behind these failures, we can design better systems, make our teams more productive, and transform how we make decisions at work and at home. Weaving together cutting-edge social science with riveting stories that take us from the frontlines of the Volkswagen scandal to backstage at the Oscars, and from deep beneath the Gulf of Mexico to the top of Mount Everest, Chris Clearfield and András Tilcsik explain how the increasing complexity of our systems creates conditions ripe for failure and why our brains and teams can't keep up. They highlight the paradox of progress: Though modern systems have given us new capabilities, they've become vulnerable to surprising meltdowns—and even to corruption and misconduct. But Meltdown isn't just about failure; it's about solutions—whether you're managing a team or the chaos of your family's morning routine. It reveals why ugly designs make us safer, how a five-minute exercise can prevent billion-dollar catastrophes, why teams with fewer experts are better at managing risk, and why diversity is one of our best safeguards against failure. The result is an eye-opening, empowering, and entirely original book—one that will change the way you see our complex world and your own place in it.

For amiable City trader Jimmy Corby money was the new Rock n' Roll. His whole life was a party, adrenaline charged and cocaine fuelled. If he hadn't met Monica he would probably have ended up either dead or in rehab. But Jimmy was as lucky in love as he was at betting on dodgy derivatives, so instead of burning out, his star just burned brighter than ever. Rich, pampered and successful, Jimmy, Monica and their friends lived the dream, bringing up their children with an army of domestic helps. But then it all came crashing down. And when the global financial crisis hit, Jimmy discovers that anyone can handle success. It's how you handle failure that really matters.

With a foreword from Ron Paul, Meltdown is the free-market answer to the Fed-created economic crisis. As the new Obama administration inevitably calls for more regulations, Woods argues that the only way to rebuild our economy is by returning to the fundamentals of capitalism and letting the free market work.

In this analysis, Shelton calls for a unified international monetary regime—a new Bretton Woods—to lay the foundation for worldwide stability and prosperity in the post-Cold War era. Despite worldwide rhetoric about free trade and the global economy, the leading economic powers have done little to address the most insidious form of protectionism—the inherently unstable international monetary system. In outlining steps toward a new world monetary structure, Judy Shelton elevates the needs of individual producers—who actually create wealth in the global economy—over the programmes of governments.

Respected Bible scholar Ron Rhodes, author of The Coming Oil Storm, addresses another timely issue with integrity in this exploration of how over-dependence on technology puts the nation at risk for cyberattacks and sets the stage for the end times. With up-to-date information, Rhodes prepares readers for the possibility of technology-based warfare and helps them view it in a biblical context as he addresses the following hot topics: what Christians need to know about cybercontrol and the Antichrist what technology and security experts have to say about the risks the validity of the threat of cyberterrorism what a cyberattack against the U.S. would look like the possible role of cyberattacks in end-time wars Both captivating and helpful, this compelling resource provides the truth behind the technology and its likely role in God’s plan for the future.

This book describes the irrational life of Soviet producers, the monstrous deprivation of Soviet consumers, and the ideological origins of the Soviet economy that have resulted in a system unable to bear the weight of being a superpower. The authors spell out the challenges that Gorbachev and his successors face. The penultimate chapter deals with the privatization of the Soviet economy. In the last chapter they document the failure of Western experts and pundits to create a true picture of the Soviet system.

Why do scientists so often offer dire predictions about the future of the environment? In Meltdown, climatologist Patrick Michaels argues that the way we do science today creates a culture of exaggeration and a political comunity that then takes credit for having saved us from certain doom.