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Austerity: The History of a Dangerous Idea
Mark Blyth - 2013
In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.
The Constitution of the United States of America
Founding Fathers - 1787
This inexpesnive pamphlet edition is sure to be prized by Americans of all ages.
The Last Empire: The Final Days of the Soviet Union
Serhii Plokhy - 2014
By the next day the USSR was officially no more and the USA had emerged as the world’s sole superpower. Award-winning historian Serhii Plokhy presents a page-turning account of the preceding five months of drama, filled with failed coups d’état and political intrigue.Honing in on this previously disregarded but crucial period and using recently declassified documents and original interviews with key participants, he shatters the established myths of 1991 and presents a bold new interpretation of the Soviet Union’s final months. Plokhy argues that contrary to the triumphalist Western narrative, George H. W. Bush desperately wanted to preserve the Soviet Union and keep Gorbachev in power, and that it was Ukraine and not the US that played the key role in the collapse of the Soviet Union. The consequences of those five months and the myth-making that has since surrounded them are still being felt in Crimea, Russia, the US, and Europe today.With its spellbinding narrative and strikingly fresh perspective, The Last Empire is the essential account of one of the most important watershed periods in world history, and is indispensable reading for anyone seeking to make sense of international politics today.
Industrial Society and Its Future
Theodore J. Kaczynski - 1995
They have greatly increased the life-expectancy of those of us who live in "advanced" countries, but they have destabilized society, have made life unfulfilling, have subjected human beings to indignities, have led to widespread psychological suffering (in the Third World to physical suffering as well) and have inflicted severe damage on the natural world. The continued development of technology will worsen the situation. It will certainly subject human beings to greater indignities and inflict greater damage on the natural world, it will probably lead to greater social disruption and psychological suffering, and it may lead to increased physical suffering even in "advanced" countries.
Breakout Nations: In Pursuit of the Next Economic Miracles
Ruchir Sharma - 2012
We need to remember that sustained economic success is a rare phenomenon.As an era of easy money and easy growth comes to a close, China in particular will cool down. Other major players including Brazil, Russia, and India face their own daunting challenges and inflated expectations. The new "breakout nations" will probably spring from the margins, even from the shadows. Ruchir Sharma, one of the world’s largest investors in emerging markets for Morgan Stanley, here identifies which are most likely to leap ahead and why.After two decades spent traveling the globe tracking the progress of developing countries, Sharma has produced a book full of surprises: why the overpriced cocktails in Rio are a sign of revival in Detroit; how the threat of the "population bomb" came to be seen as a competitive advantage; how an industrial revolution in Asia is redefining what manufacturing can do for a modern economy; and how the coming shakeout in the big emerging markets could shift the spotlight back to the West, especially American technology and German manufacturing.What emerges is a clear picture of the shifting balance of global economic power and how it plays out for emerging nations and for the West. In a captivating exploration studded with vignettes, Sharma reveals his rules on how to spot economic success stories. Breakout Nations is a rollicking education for anyone looking to understand where the future will happen.
The Case for Nationalism: How It Made Us Powerful, United, and Free
Rich Lowry - 2019
This is false. America is indisputably a nation, and one that desperately needs to protect its interests, its borders, and its identity. The Brexit vote and the election of Donald Trump swept nationalism to the forefront of the political debate. This is a good thing. Nationalism is usually assumed to be a dirty word, but it is a foundation of democratic self-government and of international peace.National Review editor Rich Lowry refutes critics on left and the right, reclaiming the term “nationalism” from those who equate it with racism, militarism and fascism. He explains how nationalism is an American tradition, a thread that runs through such diverse leaders as Alexander Hamilton, Teddy Roosevelt, Martin Luther King, Jr., and Ronald Reagan.In The Case for Nationalism, Lowry explains how nationalism was central to the American Project. It fueled the American Revolution and the ratification of the Constitution. It preserved the country during the Civil War. It led to the expansion of the American nation’s territory and power, and eventually to our invaluable contribution to creating an international system of self-governing nations.It’s time to recover a healthy American nationalism, and especially a cultural nationalism that insists on the assimilation of immigrants and that protects our history, civic rituals and traditions, which are under constant threat. At a time in which our nation is plagued by self-doubt and self-criticism, The Case for Nationalism offers a path for America to regain its national self-confidence and achieve continued greatness.
Two Nations Indivisible: Mexico, the United States, and the Road Ahead
Shannon K. O'Neil - 2013
A Mexican drug cartel dismembers the body of a rival and then stitches his face onto a soccer ball. These are the sorts of grisly tales that dominate the media, infiltrate movies and TV shows, and ultimately shape Americans' perception of Mexico as a dangerous and scary place, overrun by brutal drug lords.Without a doubt, the drug war is real. In the last six years, over 60,000 people have been murdered in narco-related crimes. But, there is far more to Mexico's story than this gruesome narrative would suggest.While thugs have been grabbing the headlines, Mexico has undergone an unprecedented and under-publicized political, economic, and social transformation. In her groundbreaking book, Two Nations Indivisible, Shannon K. O'Neil argues that the United States is making a grave mistake by focusing on the politics of antagonism toward Mexico. Rather, we should wake up to the revolution of prosperity now unfolding there.The news that isn't being reported is that, over the last decade, Mexico has become a real democracy, providing its citizens a greater voice and opportunities to succeed on their own side of the border. Armed with higher levels of education, upwardly-mobile men and women have been working their way out of poverty, building the largest, most stable middle class in Mexico's history.This is the Mexico Americans need to get to know. Now more than ever, the two countries are indivisible. It is past time for the U.S. to forge a new relationship with its southern neighbor. Because in no uncertain terms, our future depends on it.
Who Lost Russia?: How the World Entered a New Cold War
Peter Conradi - 2017
Some even dared to declare the end of history, assuming all countries would converge on enlightenment values and liberal democracy.Nothing could be further from the truth. Russia emerged from the 1990s battered and humiliated; the parallels with Weimar Germany are striking. Goaded on by a triumphalist West, a new Russia has emerged, with a large arsenal of upgraded weapons, conventional and nuclear, determined to reassert its national interests in the ‘near abroad’ — Chechnya, Georgia and Ukraine — as well as fighting a proxy war in the Middle East. Meanwhile, NATO is executing large-scale maneuvers and stockpiling weaponry close to Russia’s border.In this provocative new work, Peter Conradi argues that we have consistently failed to understand Russia and its motives and, in doing so, have made a powerful enemy.
The Secret Architecture of Our Nation's Capital: The Masons and the Building of Washington, D.C.
David Ovason - 2000
David Ovason, who has studied these astrological devices for ten years, now reveals why they have been placed in such abundance in the center of our nation's capital and explains their interconnections. His richly illustrated text tells the story of how Washington, from its foundation in 1791, was linked with the zodiac, with the meaning of certain stars, and with a hidden cosmological symbolism that he uncovers here for the first time.Fascinating and thoroughly researched, The Secret Architecture of Our Nation 's Capital is an engrossing book that raises provocative questions and otters complex insights into the meanings behind the mysterious symbols in Washington.
Why Marijuana Should Be Legal
Ed Rosenthal - 1996
Despite government efforts to isolate and eliminate its use, it is more popular now than ever. Why Marijuana Should Be Legal analyzes the effects of marijuana and marijuana laws on society. The book addresses the drug's industrial and medical applications, preserving our Constitutional rights, economic costs, health effects, and sociological aspects. New and updated information includes how state officials are acting against the legalization of marijuana and how U.S. marijuana laws are based on inaccurate and outdated information. In discussing such issues and many more, the book presents clear, documented evidence for all of its conclusions. Also included is an annotated list of organizations that lobby for change of marijuana laws. "Rosenthal and Kubby offer crisp, well-reasoned arguments for legalizing marijuana."—Mike Tribby, Booklist "[A]n important contribution to the current national dialog on moves toward the decriminalization of this controversial drug."—The Midwest Book Review
The Jakarta Method: Washington's Anticommunist Crusade and the Mass Murder Program that Shaped Our World
Vincent Bevins - 2020
In 1965, the U.S. government helped the Indonesian military kill approximately one million innocent civilians. This was one of the most important turning points of the twentieth century, eliminating the largest communist party outside China and the Soviet Union and inspiring copycat terror programs in faraway countries like Brazil and Chile. But these events remain widely overlooked, precisely because the CIA's secret interventions were so successful. In this bold and comprehensive new history, Vincent Bevins builds on his incisive reporting for the Washington Post, using recently declassified documents, archival research and eye-witness testimony collected across twelve countries to reveal a shocking legacy that spans the globe. For decades, it's been believed that parts of the developing world passed peacefully into the U.S.-led capitalist system. The Jakarta Method demonstrates that the brutal extermination of unarmed leftists was a fundamental part of Washington's final triumph in the Cold War.
The Meaning of Freedom: And Other Difficult Dialogues
Angela Y. Davis - 2009
Davis' life and work have been dedicated to examining this fundamental question and to ending all forms of oppression that deny people their political, cultural, and sexual freedom. In this collection of twelve searing, previously unpublished speeches, Davis confronts the interconnected issues of power, race, gender, class, incarceration, conservatism, and the ongoing need for social change in the United States.With her characteristic brilliance, historical insight, and penetrating analysis, Davis addresses examples of institutional injustice and explores the radical notion of freedom as a collective striving for real democracy - not something granted or guaranteed through laws, proclamations, or policies, but something that grows from a participatory social process that demands new ways of thinking and being. "The speeches gathered together here are timely and timeless," writes Robin D.G. Kelley in the foreword, "they embody Angela Davis' uniquely radical vision of the society we need to build, and the path to get there."The Meaning of Freedom articulates a bold vision of the society we need to build and the path to get there. This is her only book of speeches."Davis' arguments for justice are formidable. . . . The power of her historical insights and the sweetness of her dream cannot be denied."—The New York Times"One of America's last truly fearless public intellectuals." —Cynthia McKinney, former US Congresswoman"Angela Davis offers a cartography of engagement in oppositional social movements and unwavering commitment to justice." —Chandra Talpade Mohanty, Women's Studies, Hamilton College"Angela Davis deserves credit, not just for the dignity and courage with which she has lived her life, but also for raising important critiques of a for-profit penitentiary system decades before those arguments gained purchase in the mainstream." —Thomas Chatterton Williams, SFGate"Angela Davis's revolutionary spirit is still strong. Still with us, thank goodness!"—Virginian-Pilot"Long before 'race/gender' became the obligatory injunction it is now, Angela Davis was developing an analytical framework that brought all of these factors into play. For readers who only see Angela Davis as a public icon . . . meet the real Angela Davis: perhaps the leading public intellectual of our era." —Robin D. G. Kelley author of Thelonious Monk: The Life and Times of an American Original"There was a time in America when to call a person an 'abolitionist' was the ultimate epithet. It evoked scorn in the North and outrage in the South. Yet they were the harbingers of things to come. They were on the right side of history. Prof. Angela Y. Davis stands in that proud, radical tradition." —Mumia Abu-Jamal, author of Jailhouse Lawyers: Prisoners Defending Prisoners v. the U.S.A."Behold the heart and mind of Angela Davis, open, relentless, and on time!" —June Jordan"Political activist, scholar, and author Angela Davis confronts the interconnected issues of power, race, gender, class, incarceration, conservatism, and the ongoing need for social change in the U.S. in her book, The Meaning of Freedom: And Other Difficult Dialogues." —Travis Smiley RadioAngela Y. Davis is professor emerita at the University of California and author of eight books. She is a much sought after public speaker and an internationally known advocate for social justice.Robin D.G. Kelley is the author of numerous books and a professor at the University of Southern California.
The Future of Power
Joseph S. Nye Jr. - 2010
By 2010, none of these factors confer power in the same way: industrial capacity seems an almost Victorian virtue, and cyber threats are wielded by non-state actors. Politics changed, and the nature of powerdefined as the ability to affect others to obtain the outcomes you wanthad changed dramatically. Power is not static; its story is of shifts and innovations, technologies and relationships. Joseph Nye is a long-time analyst of power and a hands-on practitioner in government. Many of his ideas have been at the heart of recent debates over the role America should play in the world: his concept of "soft power" has been adopted by leaders from Britain to China; "smart power” has been adopted as the bumper-sticker for the Obama Administration’s foreign policy. This book is the summation of his work, as relevant to general readers as to foreign policy specialists. It is a vivid narrative that delves behind the elusive faces of power to discover its enduring nature in the cyber age.
Human Action: A Treatise on Economics
Ludwig von Mises - 1940
Although governments may presume to set "prices," it is individuals who, by their actions and choices through competitive bidding for money, products, and services, actually determine "prices". Thus, Mises presents economics—not as a study of material goods, services, and products—but as a study of human actions. He sees the science of human action, praxeology, as a science of reason and logic, which recognizes a regularity in the sequence and interrelationships among market phenomena. Mises defends the methodology of praxeology against the criticisms of Marxists, socialists, positivists, and mathematical statisticians.Mises attributes the tremendous technological progress and the consequent increase in wealth and general welfare in the last two centuries to the introduction of liberal government policies based on free-market economic teachings, creating an economic and political environment which permits individuals to pursue their respective goals in freedom and peace. Mises also explains the futility and counter-productiveness of government attempts to regulate, control, and equalize all people's circumstances: "Men are born unequal and ... it is precisely their inequality that generates social cooperation and civilization."Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century. He earned his doctorate in law and economics from the University of Vienna in 1906. In 1926, Mises founded the Austrian Institute for Business Cycle Research. From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce. Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City. From 1948 to 1969, he was a visiting professor at New York University.Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education. She has written and lectured extensively on topics of free market economics. Her articles have appeared in such journals as Human Events, Reason, and The Freeman: Ideas on Liberty. A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general. She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.
A Treatise of Human Nature
David Hume - 1740
It is also the focal point of current attempts to understand 18th-century philosophy. The Treatise first explains how we form such concepts as cause and effect, external existence, and personal identity, and to form compelling but unconfirmable beliefs in the entities represented by these concepts. It then offers a novel account of the passions, explains freedom and necessity as they apply to human choices and actions, and concludes with detailed explanations of how we distinguish between virtue and vice and of the different kinds of virtue. Hume's Abstract of the Treatise, also included in the volume, outlines his 'chief argument' regarding our conception of, and belief in, cause and effect. The texts printed in this volume are those of the critical edition of Hume's philosophical works now being published by the Clarendon Press. The volume includes a substantial introduction explaining the aims of the Treatise as a whole and of each of its ten parts, extensive annotations, a glossary of terms, a comprehensive index, and suggestions for further reading.