Marc Levinson is a historian, economist, financial journalist, and book author.
Levinson worked for many years as a journalist, including as editorial director of The Journal of Commerce , then a daily newspaper; as a business writer at Newsweek magazine; and as finance and economics editor of The Economist . He worked for JP Morgan Chase, where he developed the company's environmental research for institutional investor clients. He was senior fellow for international business at the Council on Foreign Relations. He managed transportation and industry analysis for the U.S. Congress at the Congressional Research Service. In addition to writing frequently for The Wall Street Journal, he has contributed to Harvard Business Review , the New York Times , and Foreign Affairs . [1] Levinson is frequently interviewed in the media such as CNN, BBC, PBS, etc. [2]
The Economist Guide to Financial Markets is for laypeople who want to understand how financial markets work, published by The Economist. As of 2024 it is the 7th edition.
A history of the shipping container. [3] [4] Joe Nocera included it in his list of "Best Business Books Ever", saying "Hard to believe you can write a great book about the rise and importance of the shipping container, but he pulled it off". [5]
The Great A&P and the Struggle for Small Business in America is a history of the Great Atlantic & Pacific Tea Company, better known as A&P, an American grocery chain that was the world's largest retailer from 1920 to 1962 and faced frequent attacks from politicians who accused it of destroying small businesses by selling food too cheaply. [6]
An Extraordinary Time: The End of the Postwar Boom and the Return of the Ordinary Economy, recounts the global collapse of the postwar economic boom in the 1970s and the adoption of free-market ideas in many countries as political leaders sought to restore rapid economic growth. [7] [8] [9]
Outside the Box: How Globalization Changed from Moving Stuff to Spreading Ideas makes the case that due to demographic declines in developed countries the era of shipping goods is on the decline while the globalization of services is on the rise. [10]
Containerization is a system of intermodal freight transport using intermodal containers. Containerization, also referred as container stuffing or container loading, is the process of unitization of cargoes in exports. Containerization is the predominant form of unitization of export cargoes, as opposed to other systems such as the barge system or palletization. The containers have standardized dimensions. They can be loaded and unloaded, stacked, transported efficiently over long distances, and transferred from one mode of transport to another—container ships, rail transport flatcars, and semi-trailer trucks—without being opened. The handling system is mechanized so that all handling is done with cranes and special forklift trucks. All containers are numbered and tracked using computerized systems.
An intermodal container, often called a shipping container, or cargo container, (or simply “container”) is a large metal crate designed and built for intermodal freight transport, meaning these containers can be used across different modes of transport – such as from ships to trains to trucks – without unloading and reloading their cargo. Intermodal containers are primarily used to store and transport materials and products efficiently and securely in the global containerized intermodal freight transport system, but smaller numbers are in regional use as well. It is like a boxcar that does not have wheels. Based on size alone, up to 95% of intermodal containers comply with ISO standards, and can officially be called ISO containers. These containers are known by many names: freight container, sea container, ocean container, container van or sea van, sea can or C can, or MILVAN, or SEAVAN. The term CONEX (Box) is a technically incorrect carry-over usage of the name of an important predecessor of the ISO containers: the much smaller steel CONEX boxes used by the U.S. Army.
A container ship is a cargo ship that carries all of its load in truck-size intermodal containers, in a technique called containerization. Container ships are a common means of commercial intermodal freight transport and now carry most seagoing non-bulk cargo.
A box is a container with rigid sides used for the storage or transportation of its contents. Most boxes have flat, parallel, rectangular sides. Boxes can be very small or very large and can be used for a variety of purposes, from functional to decorative.
A dockworker is a waterfront manual laborer who loads and unloads ships.
Nouriel Roubini is a Turkish-born Iranian-American economic consultant, economist, speaker and writer. He is a Professor Emeritus since 2021 at the Stern School of Business of New York University.
The Austrian business cycle theory (ABCT) is an economic theory developed by the Austrian School of economics about how business cycles occur. The theory views business cycles as the consequence of excessive growth in bank credit due to artificially low interest rates set by a central bank or fractional reserve banks. The Austrian business cycle theory originated in the work of Austrian School economists Ludwig von Mises and Friedrich Hayek. Hayek won the Nobel Prize in Economics in 1974 in part for his work on this theory.
Raghuram Govind Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. Between 2003 and 2006 he was Chief Economist and director of research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India. In 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.
Malcom Purcell McLean was an American businessman who invented the modern intermodal shipping container, which revolutionized transport and international trade in the second half of the twentieth century. Containerization led to a significant reduction in the cost of freight transportation by eliminating the need for repeated handling of individual pieces of cargo, and also improved reliability, reduced cargo theft, and cut inventory costs by shortening transit time. Containerization is a major driver of globalization.
The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger is a non-fiction book by Marc Levinson charting the historic rise of the intermodal container and how it changed the economic landscape of the global economy. The New York Times called it "a smart, engaging book".
Sea-Land was an American intra-regional container shipping company headquartered in Miramar, Florida with representation in 29 countries across the Americas. It offered ocean and intermodal services using container ships, trucks, and rail serving customers between North and South America, Central America, and the Caribbean.
The economic history of the world encompasses the development of human economic activity throughout time. It has been estimated that throughout prehistory, the world average GDP per capita was about $158 per annum, and did not rise much until the Industrial Revolution. Cattle were probably the first object or physical thing specifically used in a way similar enough to the modern definition of money, that is, as a medium for exchange.
SS Ideal X, a converted World War II T-2 oil tanker, was the first commercially successful container ship.
A shipping container is a container with strength suitable to withstand shipment, storage, and handling. Shipping containers range from large reusable steel boxes used for intermodal shipments to the ubiquitous corrugated boxes. In the context of international shipping trade, "container" or "shipping container" is virtually synonymous with "intermodal freight container", a container designed to be moved from one mode of transport to another without unloading and reloading.
Liaquat Ahamed is an American author.
Lords of Finance: The Bankers Who Broke the World is a nonfiction book by Liaquat Ahamed about events leading up to and culminating in the Great Depression as told through the personal histories of the heads of the Central Banks of the world's four major economies at the time: Benjamin Strong Jr. of the New York Federal Reserve, Montagu Norman of the Bank of England, Émile Moreau of the Banque de France, and Hjalmar Schacht of the Reichsbank. The text was published on January 22, 2009 by Penguin Press. The book was generally well received by critics and won the 2010 Pulitzer Prize for History. Because the book was published during the midst of the financial crisis of 2007–2010, the book subject matter was seen as very relevant to current financial events.
Financial Times Business Book of the Year Award is an annual award given to the best business book of the year as determined by the Financial Times. It aims to find the book that has "the most compelling and enjoyable insight into modern business issues". The award was established in 2005 and is worth £30,000. Beginning in 2010, five short-listed authors each receive £10,000, previously it was £5,000.
The Big Three credit rating agencies are S&P Global Ratings (S&P), Moody's, and Fitch Group. S&P and Moody's are based in the US, while Fitch is dual-headquartered in New York City and London, and is controlled by Hearst. As of 2013 they hold a collective global market share of "roughly 95 percent" with Moody's and Standard & Poor's having approximately 40% each, and Fitch around 15%.
Historical economic geography examines the history and development of spatial economic structure. Using historical data, it examines how centers of population and economic activity shift, what patterns of regional specialization and localization evolve over time and what factors explain these changes.
The World Is Curved: Hidden Dangers to the Global Economy is a book written by David M. Smick, a financial market consultant, non-fiction author, and Chairman and CEO in the consultancy company of Johnson Smick International (JSI). This book opposes the views of Thomas Friedman's The World Is Flat: A Brief History of the Twenty-First Century. Smick considers the potential negative ramifications of a constantly fluctuating global economy and analyzes possible solutions to these challenges.