Book picks similar to
Adam Smith: Father of Economics by Jesse Norman
economics
biography
non-fiction
history
Red Roulette: An Insider's Story of Wealth, Power, Corruption and Vengeance in Today's China
Desmond Shum - 2021
There, he met his future wife, the equally ambitious Whitney Duan who was determined to make her mark within China’s male-dominated society. Whitney and Desmond formed an effective team and, aided by relationships they formed with top members of China’s Communist Party, the so-called Red Aristocracy, he vaulted into China’s billionaire class.Soon they were developing the massive air cargo facility at Beijing International Airport, and they followed that feat with the creation of one of Beijing’s premier hotels. But in 2017, their fates diverged irrevocably when Desmond, while living overseas with his son, learned that his now ex-wife Whitney had vanished along with three co-workers.Red Roulette Desmond Shum pulls back the curtain on China’s ruling elite and reveals the real truth of what is happening inside China’s wealth-making machine. This is both Desmond’s story and Whitney’s, because she has not been able to tell it herself.
The Anatomy of Fascism
Robert O. Paxton - 2004
The esteemed historian Robert O. Paxton answers this question for the first time by focusing on the concrete: what the fascists did, rather than what they said. From the first violent uniformed bands beating up “enemies of the state,” through Mussolini’s rise to power, to Germany’s fascist radicalization in World War II, Paxton shows clearly why fascists came to power in some countries and not others, and explores whether fascism could exist outside the early-twentieth-century European setting in which it emerged. The Anatomy of Fascism will have a lasting impact on our understanding of modern European history, just as Paxton’s classic Vichy France redefined our vision of World War II. Based on a lifetime of research, this compelling and important book transforms our knowledge of fascism–“the major political innovation of the twentieth century, and the source of much of its pain.”
Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street
Neil Barofsky - 2010
In behind-the-scenes detail, he shows the extreme degree to which government officials bent over backward to serve the interests of Wall Street firms at the expense of the public—& at the expense of effective financial reform. During the height of the financial crisis in 2008, Barofsky gave up his job as a prosecutor in the US Attorney’s Office in NYC, where he'd convicted drug kingpins, Wall Street executives & mortgage fraud perpetrators, to become the special inspector general in charge of oversight of bailout money spending. From the first his efforts to protect against fraud & to hold big banks accountable for how they spent taxpayer money were met with outright hostility from Treasury officials in charge of the bailouts.Barofsky discloses how, in serving banking interests, Treasury Secretary Timothy Geithner & his team worked with Wall Street executives to design programs to would funnel vast amounts of taxpayer money to their firms & would have allowed them to game the markets & make huge profits with almost no risk or accountability, while repeatedly fighting efforts to put the necessary fraud protections in place. His investigations also uncovered abject mismanagement of the bailout of insurance giant AIG & Geithner’s decision to allow the payment of millions of dollars in bonuses & that the Obama administration’s TARP Czar lobbied for the executives to retain their high pay.Providing details about how, meanwhile, the interests of homeowners & the broader public were betrayed, Barofsky recounts how Geithner & his team steadfastly failed to fix glaring flaws in the Obama administration’s homeowner relief program pointed out by bailout watchdogs, rejecting anti-fraud measures, which unleashed a wave of abuses by mortgage providers against homeowners, even causing some who wouldn't have lost their homes otherwise to go into foreclosure. Ultimately only a small fraction ($1.4 billion when he stepped down) of the $50 billion allocated to help homeowners was spent, while the funds expended to prop up the financial system totaled $4.7 trillion. As he raised the alarm about the bailout failures, he met with obstruction. He recounts in blow-by-blow detail how an increasingly aggressive war was waged against his efforts, with even the White House launching a broadside against him. Bailout is a riveting account of his plunge into the political meat grinder of Washington, as well as a vital revelation of just how captured by Wall Street the political system is & why the too-big-to-fail banks have only become bigger & more dangerous in the wake of the crisis.
Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local - and Helped Save an American Town
Beth Macy - 2014
The Bassett Furniture Company was once the world's biggest wood furniture manufacturer. Run by the same powerful Virginia family for generations, it was also the center of life in Bassett, Virginia. But beginning in the 1980s, the first waves of Asian competition hit, and ultimately Bassett was forced to send its production overseas. One man fought back: John Bassett III, a shrewd and determined third-generation factory man, now chairman of Vaughan-Bassett Furniture Co, which employs more than 700 Virginians and has sales of more than $90 million. In Factory Man, Beth Macy brings to life Bassett's deeply personal furniture and family story, along with a host of characters from an industry that was as cutthroat as it was colorful. As she shows how he uses legal maneuvers, factory efficiencies, and sheer grit and cunning to save hundreds of jobs, she also reveals the truth about modern industry in America.
The Churchill Factor: How One Man Made History
Boris Johnson - 2014
Taking on the myths and misconceptions along with the outsized reality, he portrays—with characteristic wit and passion—a man of contagious bravery, breathtaking eloquence, matchless strategizing, and deep humanity. Fearless on the battlefield, Churchill had to be ordered by the king to stay out of action on D-Day; he pioneered aerial bombing and few could match his experience in organizing violence on a colossal scale, yet he hated war and scorned politicians who had not experienced its horrors. He was the most famous journalist of his time and perhaps the greatest orator of all time, despite a lisp and chronic depression he kept at bay by painting. His maneuvering positioned America for entry into World War II, even as it ushered in England’s post-war decline. His openmindedness made him a trailblazer in health care, education, and social welfare, though he remained incorrigibly politically incorrect. Most of all, he was a rebuttal to the idea that history is the story of vast and impersonal forces; he is proof that one person—intrepid, ingenious, determined—can make all the difference.
Jefferson and Hamilton: The Rivalry That Forged a Nation
John Ferling - 2013
All understood as well that what was at stake was not a moment's political advantage, but the future course of the American experiment in democracy. In this epochal debate, no two figures loomed larger than Thomas Jefferson and Alexander Hamilton.Both men were visionaries, but their visions of what the United States should be were diametrically opposed. Jefferson, a true revolutionary, believed passionately in individual liberty and a more egalitarian society, with a weak central government and greater powers for the states. Hamilton, a brilliant organizer and tactician, feared chaos and social disorder. He sought to build a powerful national government that could ensure the young nation's security and drive it toward economic greatness.Jefferson and Hamilton is the story of the fierce struggle-both public and, ultimately, bitterly personal-between these two titans. It ended only with the death of Hamilton in a pistol duel, felled by Aaron Burr, Jefferson's vice president. Their competing legacies, like the twin strands of DNA, continue to shape our country to this day. Their personalities, their passions, and their bold dreams for America leap from the page in this epic new work from one of our finest historians.
An Economic History of the World since 1400
Donald J. Harreld - 2016
This makes economic history - the study of how civilizations structured their environments to provide food, shelter, and material goods - a vital lens through which to think about how we arrived at our present, globalized moment.Designed to fill a long-empty gap in how we think about modern history, these 48 lectures are a comprehensive journey through more than 600 years of economic history, from the medieval world to the 21st century. Aimed at the layperson with only a cursory understanding of the field, An Economic History of the World since 1400 reveals how economics has influenced (and been influenced by) historical events and trends, including the Black Death, the Age of Exploration, the Industrial Revolution, the European colonization of Africa, the collapse of the Soviet Union, and the birth of personal computing. Professor Harreld has crafted a riveting, centuries-long story of power, glory, and ideology that reveals how, in step with history, economic ideas emerged, evolved, and thrived or died.Along the way, you'll strengthen your understanding of a range of economic concepts, philosophies, trends, treaties, and organizations, including the mercantile system, Adam Smith's The Wealth of Nations, Marxist economics, African independence movements, and the formation of economic organizations including the European Union. You'll also consider provocative questions about the intersection of history and economics. What did the economies of Roosevelt's America and Hitler's Germany have in common? What does history tell us about how nations should dictate economic policy? Can we say that free trade is truly free?Marvel at just how much we still have to learn about the economic forces that have dictated our past - and that will dictate our future.Listening Length: 24 hours and 29 minutes
17 Carnations: The Royals, the Nazis and the Biggest Cover-Up in History
Andrew Morton - 2015
However, the full story of the couple's links with the German aristocracy and Hitler has until now remained untold.Meticulously researched, 17 Carnations chronicles this entanglement, starting with Hitler's early attempts to matchmake between Edward and a German noblewoman. While the German foreign minister sent Simpson seventeen carnations daily, each one representing a night they had spent together, she and the Duke of Windsor corresponded regularly with the German elite. Known to be pro-German sympathizers, the couple became embroiled in a conspiracy to install Edward as a puppet king after the Allies were defeated. After the war, the Duke's letters were hidden in a German castle that had fallen to American soldiers. They were then suppressed for years, as the British establishment attempted to cover up this connection between the House of Windsor and Hitler. Drawing on FBI documents, material from the German and British Royal Archives, and the personal correspondence of Churchill, Truman, Eisenhower and the Windsors themselves, 17 Carnations reveals the whole fascinating story, throwing sharp new light on a dark chapter of history.
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
Gregory Zuckerman - 2019
No other investor--Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros--can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth twenty-three billion dollars.Drawing on unprecedented access to Simons and dozens of current and former employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the gripping story of how a world-class mathematician and former code breaker mastered the market. Simons pioneered a data-driven, algorithmic approach that's sweeping the world.As Renaissance became a market force, its executives began influencing the world beyond finance. Simons became a major figure in scientific research, education, and liberal politics. Senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign and funding Trump's victorious 2016 effort. Mercer also impacted the campaign behind Brexit.The Man Who Solved the Market is a portrait of a modern-day Midas who remade markets in his own image, but failed to anticipate how his success would impact his firm and his country. It's also a story of what Simons's revolution means for the rest of us.
Karl Marx: A Nineteenth-Century Life
Jonathan Sperber - 2013
Two centuries on, he is still revered as a prophet of the modern world, yet he is also blamed for the darkest atrocities of modern times. But no matter in what light he is cast, the short, but broad-shouldered, bearded Marx remains—as a human being—distorted on a Procrustean bed of political “isms,” perceived through the partially distorting lens of his chief disciple, Friedrich Engels, or understood as a figure of twentieth-century totalitarian Marxist regimes.Returning Marx to the Victorian confines of the nineteenth century, Jonathan Sperber, one of the United States’ leading European historians, challenges many of our misconceptions of this political firebrand turned London émigré journalist. In this deeply humanizing portrait, Marx no longer is the Olympian soothsayer, divining the dialectical imperatives of human history, but a scholar-activist whose revolutionary Weltanschauung was closer to Robespierre’s than to those of twentieth-century Marxists.With unlimited access to the MEGA (the Marx-Engels Gesamtausgabe, the total edition of Marx’s and Engels’s writings), only recently available, Sperber juxtaposes the private man, the public agitator, and the philosopher-economist. We first see Marx as a young boy in the city of Trier, influenced by his father, Heinrich, for whom “the French Revolution and its aftermath offered an opportunity to escape the narrowly circumscribed social and political position of Jews in the society.” For Heinrich’s generation, this worldview meant no longer being a member of the so-called Jewish nation, but for his son, the reverberations were infinitely greater—namely a life inspired by the doctrines of the Enlightenment and an implacable belief in human equality.Contextualizing Marx’s personal story—his rambunctious university years, his loving marriage to the devoted Jenny von Westphalen (despite an illegitimate child with the family maid), his children’s tragic deaths, the catastrophic financial problems—within a larger historical stage, Sperber examines Marx’s public actions and theoretical publications against the backdrop of a European continent roiling with political and social unrest. Guided by newly translated notes, drafts, and correspondence, he highlights Marx’s often overlooked work as a journalist; his political activities in Berlin, Paris, and London; and his crucial role in both creating and destroying the International Working Men’s Association. With Napoleon III, Bismarck, Adam Smith, and Charles Darwin, among others, as supporting players, Karl Marx becomes not just a biography of a man but a vibrant portrait of an infinitely complex time.Already hailed by Publishers Weekly as “a major work . . . likely to be the standard biography of Marx for many years,” Karl Marx promises to become the defining portrait of a towering historical figure.
Edmund Burke: A Genius Reconsidered
Russell Kirk - 1967
This book is both an accessible overview of an important thinker and an unsurpassed introduction to his thought.
The Principles of Political Economy and Taxation
David Ricardo - 1817
His chief work, Principles of Political Economy and Taxation, first published in 1817, had a profound impact and remains one of the groundworks of modern economics. Ricardo's labor theory of value, as well as his elaboration of the division of incomes, and the function of wages, rent, and trade, deeply influenced the economic philosophies of Karl Marx, John Stuart Mill, Alfred Marshall, and many others.
The Unwinding: An Inner History of the New America
George Packer - 2013
Seismic shifts during a single generation have created a country of winners and losers, allowing unprecedented freedom while rending the social contract, driving the political system to the verge of breakdown, and setting citizens adrift to find new paths forward. In The Unwinding, George Packer, author of The Assassins' Gate: America in Iraq, tells the story of the United States over the past three decades in an utterly original way, with his characteristically sharp eye for detail and gift for weaving together complex narratives.The Unwinding journeys through the lives of several Americans, including Dean Price, the son of tobacco farmers, who becomes an evangelist for a new economy in the rural South; Tammy Thomas, a factory worker in the Rust Belt trying to survive the collapse of her city; Jeff Connaughton, a Washington insider oscillating between political idealism and the lure of organized money; and Peter Thiel, a Silicon Valley billionaire who questions the Internet's significance and arrives at a radical vision of the future. Packer interweaves these intimate stories with biographical sketches of the era's leading public figures, from Newt Gingrich to Jay-Z, and collages made from newspaper headlines, advertising slogans, and song lyrics that capture the flow of events and their undercurrents.The Unwinding portrays a superpower in danger of coming apart at the seams, its elites no longer elite, its institutions no longer working, its ordinary people left to improvise their own schemes for success and salvation. Packer's novelistic and kaleidoscopic history of the new America is his most ambitious work to date.One of the iTunes Bookstore's "Ten Books You Must Read This Summer"
Magna Carta: The Birth of Liberty
Dan Jones - 2015
Its principles can be found in our Bill of Rights and in the Constitution. But what was this strange document that dwells on tax relief and greater fishing rights, and how did it gain legendary status?Dan Jones takes us back to 1215, the turbulent year when the Magna Carta was just a peace treaty between England’s King John and a group of self-interested, violent barons who were tired of his high taxes and endless foreign wars. The treaty would fail within two months of its confirmation. But this important document marked the first time a king was forced to obey his own laws. Jones’s 1215 follows the story of the Magna Carta’s creation, its failure, and the war that subsequently engulfed England and is book that will appeal to fans of microhistories of pivotal years like 1066, 1491, and especially 1776—when American patriots, inspired by that long-ago defiance, dared to pick up arms against another English king.
The Alchemy of Air: A Jewish Genius, a Doomed Tycoon, and the Scientific Discovery That Fed the World but Fueled the Rise of Hitler
Thomas Hager - 2008
Mass starvation, long predicted for the fast-growing population, was about to become a reality. A call went out to the world’s scientists to find a solution. This is the story of the two enormously gifted, fatally flawed men who found it: the brilliant, self-important Fritz Haber and the reclusive, alcoholic Carl Bosch. Together they discovered a way to make bread out of air, built city-sized factories, controlled world markets, and saved millions of lives. Their invention continues to feed us today; without it, more than two billion people would starve.But their epochal triumph came at a price we are still paying. The Haber-Bosch process was also used to make the gunpowder and high explosives that killed millions during the two world wars. Both men were vilified during their lives; both, disillusioned and disgraced, died tragically. Today we face the other unintended consequences of their discovery—massive nitrogen pollution and a growing pandemic of obesity.The Alchemy of Air is the extraordinary, previously untold story of two master scientists who saved the world only to lose everything and of the unforseen results of a discovery that continues to shape our lives in the most fundamental and dramatic of ways.