Published in 1879, it was admired and advocated by great minds such as Albert Einstein, Winston Churchill, Leo Tolstoy and Sun Yat-sen in China.

    In this superlative volume, Jean Edward Smith combines contemporary scholarship and a broad range of primary source material to provide an engrossing narrative of one of America’s greatest presidents.This is a portrait painted in broad strokes and fine details. We see how Roosevelt’s restless energy, fierce intellect, personal magnetism, and ability to project effortless grace permitted him to master countless challenges throughout his life. Smith recounts FDR’s battles with polio and physical disability, and how these experiences helped forge the resolve that FDR used to surmount the economic turmoil of the Great Depression and the wartime threat of totalitarianism. Here also is FDR’s private life depicted with unprecedented candor and nuance, with close attention paid to the four women who molded his personality and helped to inform his worldview: His mother, Sara Delano Roosevelt, formidable yet ever supportive and tender; his wife, Eleanor, whose counsel and affection were instrumental to FDR’s public and individual achievements; Lucy Mercer, the great romantic love of FDR’s life; and Missy LeHand, FDR’s longtime secretary, companion, and confidante, whose adoration of her boss was practically limitless. Smith also tackles head-on and in-depth the numerous failures and miscues of Roosevelt’s public career, including his disastrous attempt to reconstruct the Judiciary; the shameful internment of Japanese-Americans; and Roosevelt’s occasionally self-defeating Executive overreach. Additionally, Smith offers a sensitive and balanced assessment of Roosevelt’s response to the Holocaust, noting its breakthroughs and shortcomings.Summing up Roosevelt’s legacy, Jean Smith declares that FDR, more than any other individual, changed the relationship between the American people and their government. It was Roosevelt who revolutionized the art of campaigning and used the burgeoning mass media to garner public support and allay fears. But more important, Smith gives us the clearest picture yet of how this quintessential Knickerbocker aristocrat, a man who never had to depend on a paycheck, became the common man’s president. The result is a powerful account that adds fresh perspectives and draws profound conclusions about a man whose story is widely known but far less well understood. Written for the general reader and scholars alike, FDR is a stunning biography in every way worthy of its subject.From the Hardcover edition.

    Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges.Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great Moderation. Bernanke then delves into the Fed's reaction to the recent financial crisis, focusing on the central bank's role as the lender of last resort and discussing efforts that injected liquidity into the banking system. Bernanke points out that monetary policies alone cannot revive the economy, and he describes ongoing structural and regulatory problems that need to be addressed.Providing first-hand knowledge of how problems in the financial system were handled, The Federal Reserve and the Financial Crisis will long be studied by those interested in this critical moment in history.

    But it is also much more, having become a fundamental influence on modern “libertarian” economics of the type espoused by Ron Paul and others.Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication.  Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy.Many current economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson, every bit as relevant and valuable today as it has been since publication.

    We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance.The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation.How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of our financial ancestors.

    Fought over a period of three decades, the conflict drew in all the world’s powers and saw two of them—first France, then the United States—attempt to subdue the revolutionary Vietnamese forces. For France, the defeat marked the effective end of her colonial empire, while for America the war left a gaping wound in the body politic that remains open to this day.   How did it happen? Tapping into newly accessible diplomatic archives in several nations and making full use of the published literature, distinguished scholar Fredrik Logevall traces the path that led two Western nations to lose their way in Vietnam. Embers of War opens in 1919 at the Versailles Peace Conference, where a young Ho Chi Minh delivers a petition for Vietnamese independence to President Woodrow Wilson. It concludes in 1959, with a Viet Cong ambush on a U.S. outpost outside Saigon and the deaths of two American officers whose names would be the first to be carved into the black granite of the Vietnam Veterans Memorial. In between come years of political, military, and diplomatic maneuvering and miscalculation, as leaders on all sides embark on a series of stumbles that makes an eminently avoidable struggle a bloody and interminable reality.   Logevall takes us inside the councils of war—and gives us a seat at the conference tables where peace talks founder. He brings to life the bloodiest battles of France’s final years in Indochina—and shows how from an early point, a succession of American leaders made disastrous policy choices that put America on its own collision course with history: Harry Truman’s fateful decision to reverse Franklin Delano Roosevelt’s policy and acknowledge France’s right to return to Indochina after World War II; Dwight Eisenhower’s strenuous efforts to keep Paris in the fight and his escalation of U.S. involvement in the aftermath of the humiliating French defeat at Dien Bien Phu; and the curious turnaround in Senator John F. Kennedy’s thinking that would lead him as president to expand that commitment, despite his publicly stated misgivings about Western intervention in Southeast Asia.   An epic story of wasted opportunities and tragic miscalculations, featuring an extraordinary cast of larger-than-life characters, Embers of War delves deep into the historical record to provide hard answers to the unanswered questions surrounding the demise of one Western power in Vietnam and the arrival of another. This book will become the definitive chronicle of the struggle’s origins for years to come.Advance praise for Embers of War   “Fredrik Logevall has gleaned from American, French, and Vietnamese sources a splendid account of France’s nine-year war in Indochina and the story of how the American statesmen of the period allowed this country to be drawn into the quagmire.”—Neil Sheehan, author of A Bright Shining Lie, winner of the Pulitzer Prize and the National Book Award   “Fredrik Logevall is a wonderful writer and historian. In his new book on the origins of the American war in Vietnam, he gives a fascinating and dramatic account of the French war and its aftermath, from the perspectives of the French, the Vietnamese, and the Americans. Using previously untapped sources and a deep knowledge of diplomatic history, Logevall shows to devastating effect how America found itself on the road to Vietnam.”—Frances FitzGerald, author of Fire in the Lake, winner of the Pulitzer Prize and the National Book Award

    Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned. Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. An important book that will affect policy discussions for a long time to come, This Time Is Different exposes centuries of financial missteps.

    Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide

    Judt masterfully crystallizes what we’ve all been feeling into a way to think our way into, and thus out of, our great collective dis-ease about the current state of things.As the economic collapse of 2008 made clear, the social contract that defined postwar life in Europe and America – the guarantee of a basal level of security, stability and fairness -- is no longer guaranteed; in fact, it’s no longer part of the common discourse. Judt offers the language we need to address our common needs, rejecting the nihilistic individualism of the far right and the debunked socialism of the past. To find a way forward, we must look to our not so distant past and to social democracy in action: to re-enshrining fairness over mere efficiency.Distinctly absent from our national dialogue, social democrats believe that the state can play an enhanced role in our lives without threatening our liberties. Instead of placing blind faith in the market—as we have to our detriment for the past thirty years—social democrats entrust their fellow citizens and the state itself.Ill Fares the Land challenges us to confront our societal ills and to shoulder responsibility for the world we live in. For hope remains. In reintroducing alternatives to the status quo, Judt reinvigorates our political conversation, providing the tools necessary to imagine a new form of governance, a new way of life.

    It is the Progressive view that is taught in our schools, that is preached by Hollywood, and that shapes the policies of the Obama administration. If America is a force for inequality and injustice in the world, its power deserves to be diminished; if traditional America is based on oppression and theft, then traditional America must be reformed—and the federal government can do the reforming.In America: Imagine a World without Her D'Souza offers a passionate and sharply reasoned defense of America, knocking down every important accusation made by Progressives against our country. In this book, you'll learn:-Why it is a pernicious myth that English colonists "stole" America from the Indians or that American settlers and soldiers "stole" the southwest from Mexico-Why the descendants of slaves—and the successive waves of immigrants to the United States—are better off here than in their old countries-How America, more than any other country, is based on rewarding the enterprise and hard-work of the common man-How traditional American virtues sustain prosperity and freedom, and Progressive arguments about "liberation" and "justice" undercut them-How Progressive demagoguery about "inequality" expands the power of government and its grasp on the taxpayer's wallet-Why we should fear the Progressive agenda of "reform" which is in fact an agenda of totalitarian control of the state over the individual-Why national decline is a choice--a choice that it is still not too late to reverseProvocative in its analysis, stunning in its conclusions, Dinesh D'Souza's America will be the most talked about book of the year.

    Early in that fateful year, a second American revolution unfolded, inspiring a new generation to reject their parents’ faith in compromise and appeasement, to do the unthinkable in the name of an ideal. It set Abraham Lincoln on the path to greatness and millions of slaves on the road to freedom.The book introduces us to a heretofore little-known cast of Civil War heroes—among them an acrobatic militia colonel, an explorer’s wife, an idealistic band of German immigrants, a regiment of New York City firemen, a community of Virginia slaves, and a young college professor who would one day become president. Adam Goodheart takes us from the corridors of the White House to the slums of Manhattan, from the mouth of the Chesapeake to the deserts of Nevada, from Boston Common to Alcatraz Island, vividly evoking the Union at this moment of ultimate crisis and decision.

    It was lost in Washington, D.C." - H. R. McMaster (from the Conclusion) Dereliction Of Duty is a stunning new analysis of how and why the United States became involved in an all-out and disastrous war in Southeast Asia. Fully and convincingly researched, based on recently released transcripts and personal accounts of crucial meetings, confrontations and decisions, it is the only book that fully re-creates what happened and why. It also pinpoints the policies and decisions that got the United States into the morass and reveals who made these decisions and the motives behind them, disproving the published theories of other historians and excuses of the participants.Dereliction Of Duty covers the story in strong narrative fashion, focusing on a fascinating cast of characters: President Lyndon Johnson, Robert McNamara, General Maxwell Taylor, McGeorge Bundy and other top aides who deliberately deceived the Joint Chiefs of Staff, the U.S. Congress and the American public.Sure to generate controversy, Dereliction Of Duty is an explosive and authoritative new look at the controversy concerning the United States involvement in Vietnam.

    She called it "disaster capitalism." Covering Sri Lanka in the wake of the tsunami, and New Orleans post-Katrina, she witnessed something remarkably similar. People still reeling from catastrophe were being hit again, this time with economic "shock treatment" losing their land and homes to rapid-fire corporate makeovers. The Shock Doctrine retells the story of the most dominant ideology of our time, Milton Friedman's free market economic revolution. In contrast to the popular myth of this movement's peaceful global victory, Klein shows how it has exploited moments of shock and extreme violence in order to implement its economic policies in so many parts of the world from Latin America and Eastern Europe to South Africa, Russia, and Iraq. At the core of disaster capitalism is the use of cataclysmic events to advance radical privatization combined with the privatization of the disaster response itself. By capitalizing on crises, created by nature or war, Klein argues that the disaster capitalism complex now exists as a booming new economy, and is the violent culmination of a radical economic project that has been incubating for fifty years.

    He reveals the hidden ecological and social costs of a hamburger (as much as $200), and asks how we came to have markets in the first place. Both the corporate capture of government and our current financial crisis, Patel argues, are a result of our democratically bankrupt political system.If part one asks how we can rebalance society and limit markets, part two answers by showing how social organizations, in America and around the globe, are finding new ways to describe the world's worth. If we don't want the market to price every aspect of our lives, we need to learn how such organizations have discovered democratic ways in which people, and not simply governments, can play a crucial role in deciding how we might share our world and its resources in common.This short, timely and inspiring book reveals that our current crisis is not simply the result of too much of the wrong kind of economics. While we need to rethink our economic model, Patel argues that the larger failure beneath the food, climate and economic crises is a political one. If economics is about choices, Patel writes, it isn't often said who gets to make them. The Value of Nothing offers a fresh and accessible way to think about economics and the choices we will all need to make in order to create a sustainable economy and society.

    Defining folly as the pursuit by governments of policies contrary to their own interests, despite the availability of feasible alternatives, Tuchman details four decisive turning points in history that illustrate the very heights of folly in government: the Trojan War, the breakup of the Holy See provoked by Renaissance Popes, the loss of the American colonies by Britain's George III & the USA's persistent folly in Vietnam. THE MARCH OF FOLLY brings the people, places & events of history alive for today's reader.