13 Bankers: The Wall Street Takeover and the Next Financial Meltdown


Simon Johnson - 2010
    Anchored by six megabanks—Bank of America, JPMorgan Chase, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley—which together control assets amounting, astonishingly, to more than 60 percent of the country’s gross domestic product, these financial institutions (now more emphatically “too big to fail”) continue to hold the global economy hostage, threatening yet another financial meltdown with their excessive risk-taking and toxic “business as usual” practices. How did this come to be—and what is to be done? These are the central concerns of 13 Bankers, a brilliant, historically informed account of our troubled political economy. In 13 Bankers, Simon Johnson—one of the most prominent and frequently cited economists in America (former chief economist of the International Monetary Fund, Professor of Entrepreneurship at MIT, and author of the controversial “The Quiet Coup” in The Atlantic)—and James Kwak give a wide-ranging, meticulous, and bracing account of recent U.S. financial history within the context of previous showdowns between American democracy and Big Finance: from Thomas Jefferson to Andrew Jackson, from Theodore Roosevelt to Franklin Delano Roosevelt. They convincingly show why our future is imperiled by the ideology of finance (finance is good, unregulated finance is better, unfettered finance run amok is best) and by Wall Street’s political control of government policy pertaining to it. As the authors insist, the choice that America faces is stark: whether Washington will accede to the vested interests of an unbridled financial sector that runs up profits in good years and dumps its losses on taxpayers in lean years, or reform through stringent regulation the banking system as first and foremost an engine of economic growth. To restore health and balance to our economy, Johnson and Kwak make a radical yet feasible and focused proposal: reconfigure the megabanks to be “small enough to fail.” Lucid, authoritative, crucial for its timeliness, 13 Bankers is certain to be one of the most discussed and debated books of 2010.

My Grandfather's Son


Clarence Thomas - 2007
    In this candid and deeply moving memoir, a quintessential American tale of hardship and grit, Clarence Thomas recounts his astonishing journey for the first time.

The Men Who United the States: America's Explorers, Inventors, Eccentrics and Mavericks, and the Creation of One Nation, Indivisible


Simon Winchester - 2013
    But how did America become "one nation, indivisible"? What unified a growing number of disparate states into the modern country we recognize today? In this monumental history, Simon Winchester addresses these questions, bringing together the breathtaking achievements that helped forge and unify America and the pioneers who have toiled fearlessly to discover, connect, and bond the citizens and geography of the U.S.A. from its beginnings.Winchester follows in the footsteps of America's most essential explorers, thinkers, and innovators, including Lewis and Clark and their Corps of Discovery Expedition to the Pacific Coast, the builders of the first transcontinental telegraph, and the powerful civil engineer behind the Interstate Highway System. He treks vast swaths of territory, from Pittsburgh to Portland; Rochester to San Francisco; Truckee to Laramie; Seattle to Anchorage, introducing these fascinating men and others-some familiar, some forgotten, some hardly known-who played a pivotal role in creating today's United States. Throughout, he ponders whether the historic work of uniting the States has succeeded, and to what degree.Featuring 32 illustrations throughout the text, The Men Who United the States is a fresh, lively, and erudite look at the way in which the most powerful nation on earth came together, from one of our most entertaining, probing, and insightful observers.

The Hardest Job in the World: The American Presidency


John Dickerson - 2020
    In campaigns, the presidency is a magical place where the will of its occupant can move the nation. In reality, the presidency is stretched, burdened, and unmatched for the complexity of the modern world. With both an historical and contemporary view of the presidency, Dickerson explores how and why the office has expanded and how America's obsession with the presidency is at odds with its creation and leads to disappointment. Dickerson also charts Donald Trump's departures from and innovations to the office, developing a picture of where the presidency stands on the eve of the 2020 election and beyond. Armed with an understanding of the office, Dickerson suggests new ways to test candidates, elect presidents thoughtfully, and fix the job so that it more closely can match our expectations.

The Floor of Heaven: A True Tale of the Last Frontier & the Yukon Gold Rush


Howard Blum - 2011
    The Wild West has been tamed and its fierce, independent and often violent larger-than-life figures--gun-toting wanderers, trappers, prospectors, Indian fighters, cowboys, and lawmen--are now victims of their own success. But then gold is discovered in Alaska and the adjacent Canadian Klondike and a new frontier suddenly looms: an immense unexplored territory filled with frozen waterways, dark spruce forests, and towering mountains capped by glistening layers of snow and ice.In a true-life tale that rivets from the first page, we meet Charlie Siringo, a top-hand sharp-shooting cowboy who becomes one of the Pinkerton Detective Agency's shrewdest; George Carmack, a California-born American Marine who's adopted by an Indian tribe, raises a family with a Taglish squaw, and makes the discovery that starts off the Yukon Gold Rush; and Jefferson "Soapy" Smith, a sly and inventive conman who rules a vast criminal empire. As we follow this trio's lives, we're led inexorably into a perplexing mystery: a fortune in gold bars has somehow been stolen from the fortress-like Treadwell Mine in Juneau, Alaska. Charlie Siringo discovers that to run the thieves to ground, he must embark on a rugged cross-territory odyssey that will lead him across frigid waters and through a frozen wilderness to face down "Soapy" Smith and his gang of 300 cutthroats. Hanging in the balance: George Carmack's fortune in gold.At once a compelling true-life mystery and an unforgettable portrait of a time in America's history, The Floor of Heaven is also an exhilarating tribute to the courage and undaunted spirit of the men and women who helped shape America.

Team of Rivals: The Political Genius of Abraham Lincoln


Doris Kearns Goodwin - 2005
    Seward, Salmon P. Chase, Edward Bates, and Abraham Lincoln waited in their hometowns for the results from the Republican National Convention in Chicago. When Lincoln emerged as the victor, his rivals were dismayed and angry.Throughout the turbulent 1850s, each had energetically sought the presidency as the conflict over slavery was leading inexorably to secession and civil war. That Lincoln succeeded, Goodwin demonstrates, was the result of a character that had been forged by experiences that raised him above his more privileged and accomplished rivals. He won because he possessed an extraordinary ability to put himself in the place of other men, to experience what they were feeling, to understand their motives and desires.It was this capacity that enabled Lincoln as president to bring his disgruntled opponents together, create the most unusual cabinet in history, and marshal their talents to the task of preserving the Union and winning the war.We view the long, horrifying struggle from the vantage of the White House as Lincoln copes with incompetent generals, hostile congressmen, and his raucous cabinet. He overcomes these obstacles by winning the respect of his former competitors, and in the case of Seward, finds a loyal and crucial friend to see him through.This brilliant multiple biography is centered on Lincoln's mastery of men and how it shaped the most significant presidency in the nation's history.

Unfamiliar Fishes


Sarah Vowell - 2011
    In Unfamiliar Fishes, Sarah Vowell argues that 1898 might be a year just as defining, when, in an orgy of imperialism, the United States annexed Hawaii, Puerto Rico, and Guam, and invaded first Cuba, then the Philippines, becoming an international superpower practically overnight.Among the developments in these outposts of 1898, Vowell considers the Americanization of Hawaii the most intriguing. From the arrival of New England missionaries in 1820, their goal to Christianize the local heathen, to the coup d'état of the missionaries' sons in 1893, which overthrew the Hawaiian queen, the events leading up to American annexation feature a cast of beguiling, and often appealing or tragic, characters: whalers who fired cannons at the Bible-thumpers denying them their God-given right to whores, an incestuous princess pulled between her new god and her brother-husband, sugar barons, lepers, con men, Theodore Roosevelt, and the last Hawaiian queen, a songwriter whose sentimental ode "Aloha 'Oe" serenaded the first Hawaiian president of the United States during his 2009 inaugural parade.With her trademark smart-alecky insights and reporting, Vowell lights out to discover the off, emblematic, and exceptional history of the fiftieth state, and in so doing finds America, warts and all.

Lion in the White House: A Life of Theodore Roosevelt


Aida D. Donald - 2007
    In Lion in the White House: A Life of Theodore Roosevelt, historian Aida Donald masterfully chronicles the life of this first modern president. TR’s accomplishments in office were immense. As President, Roosevelt redesigned the office of Chief Executive and the workings of the Republican Party to meet the challenges of the new industrial economy. Believing that the emerging aristocracy of wealth represented a genuine threat to democracy, TR broke trusts to curb the rapacity of big business. He improved economic and social conditions for the average American. Roosevelt built the Panama Canal and engaged the country in world affairs, putting a temporary end to American isolationism. And he won the Nobel Peace Prize-the only sitting president ever so honored. Throughout his public career, TR fought valiantly to steer the GOP back to its noblest ideals as embodied by Abraham Lincoln. Alas, his hopes for his party were quashed by the GOP’s strong rightward turn in the years after he left office. But his vision for America lives on. In lapidary prose, this concise biography recounts the courageous life of one of the greatest leaders our nation has ever known.

How Markets Fail: The Logic of Economic Calamities


John Cassidy - 2009
    Farrar, Straus and Giroux, 2009.

Amazon Unbound: Jeff Bezos and the Invention of a Global Empire


Brad Stone - 2021
    Since then, Amazon has expanded exponentially, inventing novel products like Alexa and disrupting countless industries, while its workforce has quintupled in size and its valuation has soared to well over a trillion dollars. Jeff Bezos’s empire, once housed in a garage, now spans the globe. Between services like Whole Foods, Prime Video, and Amazon’s cloud computing unit, AWS, plus Bezos’s ownership of The Washington Post, it’s impossible to go a day without encountering its impact. We live in a world run, supplied, and controlled by Amazon and its iconoclast founder.In Amazon Unbound, Brad Stone presents a deeply reported, vividly drawn portrait of how a retail upstart became one of the most powerful and feared entities in the global economy. Stone also probes the evolution of Bezos himself—who started as a geeky technologist totally devoted to building Amazon, but who transformed to become a fit, disciplined billionaire with global ambitions; who ruled Amazon with an iron fist, even as he found his personal life splashed over the tabloids.

How Music Got Free: The End of an Industry, the Turn of the Century, and the Patient Zero of Piracy


Stephen Richard Witt - 2015
    It’s about the greatest pirate in history, the most powerful executive in the music business, a revolutionary invention and an illegal website four times the size of the iTunes Music Store. Journalist Stephen Witt traces the secret history of digital music piracy, from the German audio engineers who invented the mp3, to a North Carolina compact-disc manufacturing plant where factory worker Dell Glover leaked nearly two thousand albums over the course of a decade, to the high-rises of midtown Manhattan where music executive Doug Morris cornered the global market on rap, and, finally, into the darkest recesses of the Internet.Through these interwoven narratives, Witt has written a thrilling book that depicts the moment in history when ordinary life became forever entwined with the world online — when, suddenly, all the music ever recorded was available for free. In the page-turning tradition of writers like Michael Lewis and Lawrence Wright, Witt’s deeply-reported first book introduces the unforgettable characters—inventors, executives, factory workers, and smugglers—who revolutionized an entire artform, and reveals for the first time the secret underworld of media pirates that transformed our digital lives.An irresistible never-before-told story of greed, cunning, genius, and deceit, How Music Got Free isn’t just a story of the music industry—it’s a must-read history of the Internet itself.

The Blood of Emmett Till


Timothy B. Tyson - 2017
    His murder was part of a wave of white terrorism in the wake of the 1954 Supreme Court decision that declared public school segregation unconstitutional. Only weeks later, Rosa Parks thought about young Emmett as she refused to move to the back of a city bus in Montgomery, Alabama. Five years later, Black students who called themselves “the Emmett Till generation” launched sit-in campaigns that turned the struggle for civil rights into a mass movement. Till’s lynching became the most notorious hate crime in American history.But what actually happened to Emmett Till—not the icon of injustice, but the flesh-and-blood boy? Part detective story, part political history, drawing on a wealth of new evidence, including a shocking admission of Till’s innocence from the woman in whose name he was killed. this book provides fresh insight into the way race has informed and deformed our democratic institutions.

The Trial of Lizzie Borden


Cara Robertson - 2019
    Reporters flocked to the scene. Well-known columnists took up conspicuous seats in the courtroom. The defendant was relentlessly scrutinized for signs of guilt or innocence. Everyone—rich and poor, suffragists and social conservatives, legal scholars and laypeople—had an opinion about Lizzie Borden’s guilt or innocence.The popular fascination with the Borden murders and its central, enigmatic character has endured for more than a hundred years, but the legend often outstrips the story. Based on transcripts of the Borden legal proceedings, contemporary newspaper articles, previously withheld lawyer's journals, unpublished local reports, and recently unearthed letters from Lizzie herself, The Trial of Lizzie Borden is a definitive account of the Borden murder case and offers a window into America in the Gilded Age, showcasing its most deeply held convictions and its most troubling social anxieties.

The Last Castle: The Epic Story of Love, Loss, and American Royalty in the Nation's Largest Home


Denise Kiernan - 2017
    Scott Fitzgerald, Thomas Wolfe, Teddy Roosevelt, John Singer Sargent, James Whistler, Henry James, and Edith Wharton.Orphaned at a young age, Edith Stuyvesant Dresser claimed lineage from one of New York’s best-known families. She grew up in Newport and Paris, and her engagement and marriage to George Vanderbilt was one of the most watched events of Gilded Age society. But none of this prepared her to be mistress of Biltmore House.Before their marriage, the wealthy and bookish Vanderbilt had dedicated his life to creating a spectacular European-style estate on 125,000 acres of North Carolina wilderness. He summoned the famous landscape architect Frederick Law Olmsted to tame the grounds, collaborated with celebrated architect Richard Morris Hunt to build a 175,000-square-foot chateau, filled it with priceless art and antiques, and erected a charming village beyond the gates. Newlywed Edith was now mistress of an estate nearly three times the size of Washington, DC and benefactress of the village and surrounding rural area. When fortunes shifted and changing times threatened her family, her home, and her community, it was up to Edith to save Biltmore—and secure the future of the region and her husband’s legacy.The Last Castle is the uniquely American story of how the largest house in America flourished, faltered, and ultimately endured to this day.

Detroit: An American Autopsy


Charlie LeDuff - 2013
    Detroit, once the richest city in the nation, is now its poorest. Once the vanguard of America’s machine age—mass production, automobiles, and blue-collar jobs—Detroit is now America’s capital for unemployment, illiteracy, foreclosure, and dropouts. A city the size of San Francisco and Manhattan could neatly fit into Detroit’s vacant lots. In another life, Charlie LeDuff won the Pulitzer Prize reporting for The New York Times. But all that is behind him now, after returning to find his hometown in total freefall. Detroit is where his mother’s flower shop was firebombed; where his sister lost herself to drugs; where his brother works in a factory cleaning Chinese-manufactured screws so they can be repackaged as “Made in America.” With the steel-eyed reportage that has become his trademark—and the righteous indignation only a native son possesses—LeDuff sets out to uncover what destroyed his city. He embeds with a local fire brigade struggling to defend its neighborhood against systemic arson and bureaucratic corruption. He investigates state senators and career police officials, following the money to discover who benefits from Detroit’s decline. He befriends union organizers, homeless do-gooders, embattled businessmen, and struggling homeowners, all ordinary people holding the city together by sheer determination. Americans have hoped for decades that Detroit was an exception, an outlier. What LeDuff reveals is that Detroit is, once and for all, America’s city: It led us on the way up, and now it is leading us on the way down. Detroit can no longer be ignored because what happened there is happening out here. Redemption is thin on the ground in this ghost of a city, but Detroit: An American Autopsy is no hopeless parable. Instead, LeDuff shares a deeply human drama of colossal greed, ignorance, endurance, and courage. Detroit is an unbelievable story of a hard town in a rough time filled with some of the strangest and strongest people our country has to offer—and a black comic tale of the absurdity of American life in the twenty-first century.