Book picks similar to
Economic Thought and Ideology in Seventeenth-Century England by Joyce Appleby
economics
history
history-medieval
history-modern
They Flew Hurricanes
Adrian Stewart - 2006
Many pilots, including Douglas Bader, thought it was superior to the Spit--but together they saved Britain from Nazi invasion and possible defeat.Adrian Stewart has produced a gloriously atmospheric and nostalgic book capturing the spirit of these great aircraft and the pilots who flew them. It tracks the aircraft as it was developed and improved, and follows it to the many theaters of the war where it saw service. Among the lesser-known are Burma and hazardous convoy protection in the Arctic and Mediterranean, flying from makeshift carriers. This book will fascinate specialist aviation historians and those who enjoy a rattling good war story, and includes a superb selection of rare photographs.
Franklin Delano Roosevelt
Alan Brinkley - 2009
"And no president since Lincoln has served through darker or more difficult times. Roosevelt thrived in crisis. It brought out his greatness, and his guile. It triggered his almost uncanny ability to communicate effectively with people of all kinds. And at times, it helped him excoriate his enemies, and to revel in doing so." This brilliant, compact biography chronicles Franklin Delano Roosevelt's rise from a childhood of privilege to a presidency that forever changed the face of international diplomacy, the American party system, and the government's role in global and domestic policy. Brinkley, the National Book Award-winning New Deal historian, provides a clear, concise introduction to Roosevelt's sphinx-like character and remarkable achievements. In a vivid narrative packed with telling anecdotes, the book moves swiftly from Roosevelt's youth in upstate New York--characterized by an aristocratic lifestyle of trips to Europe and private tutoring--to his schooling at Harvard, his brief law career, and his initial entry into politics. From there, Brinkley chronicles Roosevelt's rise to the presidency, a position in which FDR remained until death, through an unparalleled three-plus terms in office. Throughout the book, Brinkley elegantly blends FDR's personal life with his professional one, providing a lens into the President's struggles with polio and his somewhat distant relationship with the first lady. Franklin Delano Roosevelt led the United States through the worst economic crisis in the nation's history and through the greatest and most terrible war ever recorded. His extraordinary legacy remains alive in our own troubled new century as a reminder of what bravery and strong leadership can accomplish.
The Age of Stagnation: Why Perpetual Growth Is Unattainable and the Global Economy Is in Peril
Satyajit Das - 2016
The author challenges the assumption that growth can be perpetual and questions the ability of political leaders to enact the tough structural changes needed. He is particularly critical of the "easy money" approach to dealing with the great recession of 2008, citing the dangers of excessive debt and deep-seated fundamental imbalances. The fallout of these poor policies, he argues, will affect not only the business sector, but also the lifestyles and prosperity of average citizens and future generations. The author concludes with a thought experiment illustrating the large-scale changes that will be necessary to restore economic, financial, and social sustainability. This experiment has already been tried in Iceland, which went bankrupt in the wake of the 2008 crisis, and now, after a painful adjustment, is on the road to recovery. Written for the lay reader and peppered with witty anecdotes, this immensely readable book clearly explains the missteps that created the current dilemma, why a recovery has proved elusive, and the difficult remedies that must eventually be applied to ensure a stable future."
The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means
George Soros - 2008
Soros, whose breadth of experience in financial markets is unrivaled, places the current crisis in the context of decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. "This is the worst financial crisis since the 1930s," writes Soros in characterizing the scale of financial distress spreading across Wall Street and other financial centers around the world. In a concise essay that combines practical insight with philosophical depth, Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for our nation and the world.
Rainbow's End: The Crash of 1929
Maury Klein - 2001
The book offers a vibrant picture of a world full of plungers, powerful bankers, corporate titans, millionaire brokers, and buoyantly optimistic stock market bulls. We meet Sunshine Charley Mitchell, head of the National City Bank, powerful financiers Jack Morgan and Jacob Schiff, Wall Street manipulators such as the legendary Jesse Livermore, and the lavish-living Billy Durant, founder of General Motors. As Klein follows the careers of these men, he shows us how the financial house of cards gradually grew taller, as the irrational exuberance of an earlier age gripped America and convinced us that the market would continue to rise forever. Then, in October 1929, came a perfect storm-like convergence of factors that shook Wall Street to its foundations. We relive Black Thursday, when police lined Wall Street, brokers grew hysterical, customers bellowed like lunatics, and the ticker tape fell hours behind.This compelling history of the Crash--the first to follow the market closely for the two years leading up to the disaster--illuminates a major turning point in our history.
The Partnership: The Making of Goldman Sachs
Charles D. Ellis - 2008
What does Buffett see that we on the outside do not? It’s all about the people. Charles D. Ellis has written a landmark book that couldn’t come at a better time. The Partnership: The Making of Goldman Sachs is the colorful and fascinating story of Goldman’s rise to power through many life-threatening changes in markets, competition, and regulation. It tells the personal history of the men and women who built the world’s leading financial powerhouse from a firm that was disgraced and nearly destroyed in 1929, limped along as a break-even operation through the Depression and WWII, and, with only one special service and one improbable banker, began the rise that, in half a century, took Goldman Sachs to global leadership. A conversation with Charles Ellis: * Is Goldman Sachs really a lot better than other firms at managing risk? The big difference is in the cumulative power of many “small” details. The difference in the speed, accuracy, and extent of communication inside the firm; the difference in intensity, focus, and disciplined toughness of the men and women hand selected to work there and real difference in recruiting, training, and compensation. All add up to a decisive advantage in management. Leaders and co-leaders manage Goldman’s many business units with rigor and drive; risk management is the envy of other banks; and coordination is powerful across business units and markets around the world. As every Olympic athlete knows, such small differences make all the difference between gold, silver or bronze – or no medal at all. In the current, very difficult test, Goldman Sachs has come in 1st – again. * Goldman Sachs is often described as the best managed Wall Street firm. Is that true? Yes, it is true. Goldman Sachs is the best managed “Wall Street” firm – and the best led. Management is why Goldman Sachs is consistently rated the best firm to work for and gets top ratings from clients all over the world. Superior management is why the firm earns more profit, develops more effective people, has made itself the market leader in the U.S., U.K, Germany, France, China, Japan, and in most major lines of banking business. No other firm comes close. One of the things you will learn in The Partnership is just how Goldman succeeded in making themselves different from any other Wall Street firm. They learned early on that in order to survive, they had to not only make money, but create a culture that was universal, that demanded absolutely loyalty and, most importantly, act as one organism. * Why does Goldman Sachs put so much weight on its “culture”? Goldman Sachs culture works. In the complex, fast-changing, global, 24/7 securities business almost all the important decisions are made in highly specific and complex settings under great time pressure. These decisions cannot be made by headquarters and they cannot be deferred. They must be made locally by local market and business experts thousands of times every day. Rules won’t work. If rules were written for every type of decision in all those different businesses in all the world’s different markets in all the different cultures, the resulting Rule Book would be far too large and complex to read or use. Culture – its way of working – is the universal “stem cell” that enables Goldman Sachs to operate so forcefully in so many different national markets and in so many different businesses. * With all its different business activities all over the world, doesn’t Goldman Sachs have problems with conflicts of interest? Yes! The firm certainly has many, many conflicts of interest. While it could take a defensive approach and try to avoid or minimize those risks of conflicts, the firm believes the more realistic and effective approach is to recognize those risks, be candid about them with clients and counterparties, and actively manage the conflicts. The firm strives to deal with each of them in such thoughtful and effective ways that clients and customers will know Goldman Sachs can be trusted to manage conflicts better than any other firm. This is, of course, an assumption of enormous responsibility – particularly on the scale on which Goldman Sachs operates – so it raises the obvious next question: Who will watch the watcher?
Jet Man: The Making and Breaking of Frank Whittle, Genius of the Jet Revolution
Duncan Campbell-Smith - 2020
In 1985 Hans von Ohain, the scientist who pioneered Nazi Germany's efforts to build a jet plane, posed the question: 'Would World War II have occured if the Luftwaffe knew it faced operational British jets instead of Spitfires?' He immediately answered, 'I, for one, think not.'Frank Whittle, working-class outsider and self-taught enthusiast, had worked out the blueprint of a completely new type of engine in 1929, only for his ideas to be blocked by bureaucratic opposition until the outbreak of war in 1939. The importance of his work was recognized too late by the government for his revolutionary engine to play a major part in World War II. After the war Whittle's dream of civilian jet-powered aircraft became a reality and Britain enjoyed a golden age of 1950's jet-powered flight.Drawing on Whittle's extensive private papers, Campbell-Smith tells the story of a stoic and overlooked British hero, a tantalizing tale of 'what might have been'.
The New Lombard Street: How the Fed Became the Dealer of Last Resort
Perry G. Mehrling - 2010
Bagehot's book set down the principles that helped define the role of modern central banks, particularly in times of crisis--but the recent global financial meltdown has posed unforeseen challenges. The New Lombard Street lays out the innovative principles needed to address the instability of today's markets and to rebuild our financial system.Revealing how we arrived at the current crisis, Perry Mehrling traces the evolution of ideas and institutions in the American banking system since the establishment of the Federal Reserve in 1913. He explains how the Fed took classic central banking wisdom from Britain and Europe and adapted it to America's unique and considerably more volatile financial conditions. Mehrling demonstrates how the Fed increasingly found itself serving as the dealer of last resort to ensure the liquidity of securities markets--most dramatically amid the recent financial crisis. Now, as fallout from the crisis forces the Fed to adapt in unprecedented ways, new principles are needed to guide it. In The New Lombard Street, Mehrling persuasively argues for a return to the classic central bankers' "money view," which looks to the money market to assess risk and restore faith in our financial system.
The Reckless Decade: America in the 1890s
H.W. Brands - 1995
Sound familiar?"(Fritz Lanham, Houston Chronicle) Just as we do today, Americans of the 1890s faced changes in economics, politics, society, and technology that led to wrenching and sometimes violent tensions between rich and poor, capital and labor, white and black, East and West. In The Reckless Decade, H. W. Brands demonstrates that we can learn a lot about the contradictions that lie at the heart of America today by looking at them through the lens of the 1890s. The 1890s saw the closing of the American frontier and a shift toward imperialist ambitions. Populists and muckrakers grappled with robber barons and gold-bugs. Americans addressed the unfinished business of Reconstruction by separating blacks and whites. Booker T. Washington, W. E. B. Du Bois, and other black leaders clashed over the proper response to continuing racial inequality. Those on top of the economic heap—Rockefeller, Carnegie, and Morgan—created vast empires of wealth, while those at the bottom worked for dimes a day. Brands brings all this to life in a vivid narrative filled with larger-than-life characters facing momentous challenges as they worked toward an uncertain future.
The Mercenary Option
Dick Couch - 2003
Officially, the group is a rogue operation with no government affiliation. But when the impossible becomes absolutely necessary, IFOR is...THE MERCENARY OPTIONShortly after the terror attacks on America, the American president announces the construction of an oil pipeline across Afghanistan. To stop this, and deter further Western encroachment in Central Asia, a vindictive Saudi prince retains ex-KGB terror broker Pavel Zelinkow -- a prime mover behind al Qaeda's 9/11 attack. Zelinkow plans to steal two nuclear weapons, detonating one of them among the pipeline construction crews and their military guardians, while the target of the second bomb is a mystery. U.S. special operations forces cannot be used against the terrorists hiding in Iran, so IFOR is called into action for the first time on a mission that will test them to their limits: take out the terrorists, recover the nukes, and get Zelinkow -- dead or alive.
Amerika
Paul Lally - 2015
Washington D.C. and Manhattan disappear beneath nuclear mushroom clouds. Stripped of its congress, judicial and executive branches, the United States is a fractured, frantic shell of its former self; each state, a world unto its own. Germany’s threat of further attacks on major American cities like Chicago, Miami and Pittsburgh compels Secretary of Labor Frances Perkins, sole survivor of the executive branch and now president, to bend to Hitler’s demand of neutrality. Powerless and impotent, America watches from the sidelines while Europe and Asia go up in flames. In search of a cause to unite America once again as a nation, the “Sons of Liberty,” a distant echo of our nation’s revolutionary war volunteers, secretly band together again, in the South this time, led by take-no-prisoners, General George S. Patton himself. And in doing so, he calls upon a group of ordinary citizens, including ex-Pan Am pilot Sam Carter and Hollywood actress Ava James, to embark on a series of missions that, if successful, will deliver America from its darkest hour and set it on a path toward the bright light of victory. The odds are impossible, the missions dangerous, and with an unknown spy in their midst threatening to wreck their intricate plans, everything seems doomed from the start as they struggle to bring America back into the fight for liberty and justice for all.
The Deluge: The Great War, America and the Remaking of the Global Order, 1916-1931
Adam Tooze - 2014
In the depths of the Great War, with millions dead and no imaginable end to the conflict, societies around the world began to buckle. The heart of the financial system shifted from London to New York. The infinite demands for men and matériel reached into countries far from the front. The strain of the war ravaged all economic and political assumptions, bringing unheard-of changes in the social and industrial order.A century after the outbreak of fighting, Adam Tooze revisits this seismic moment in history, challenging the existing narrative of the war, its peace, and its aftereffects. From the day the United States enters the war in 1917 to the precipice of global financial ruin, Tooze delineates the world remade by American economic and military power.Tracing the ways in which countries came to terms with America’s centrality—including the slide into fascism—The Deluge is a chilling work of great originality that will fundamentally change how we view the legacy of World War I.
Outside Looking in: Adventures of an Observer
Garry Wills - 2010
Yet these qualities have, paradoxically, prompted people to share intimate insights with him- perhaps because he is not a rival, a competitor, or a threat. Sometimes this made him the prey of con men like conspiratorialist Mark Lane or civil rights leader James Bevel. At other times it led to close friendship with such people as William F. Buckley, Jr., or singer Beverly Sills. The result is the most personal book Wills has ever written. With his dazzling style and journalist's eye for detail, Wills brings history to life, whether it's the civil rights movement; the protests against the Vietnam War; the presidential campaigns of Richard Nixon, Jimmy Carter, and Bill Clinton; or the set of Oliver Stone's "Nixon." Illuminating and provocative, "Outside Looking In" is a compelling chronicle of an original thinker at work in remarkable times.
Marx: And Freedom
Terry Eagleton - 1997
Eagleton outlines the relationship between production, labour and ownership which lie at the core of Marx's thinking. Marx's utopia was a place in which labour is increasingly automated, emancipating the wealth of sensuous individualdevelopment so that savouring a peach [is an aspect] of our self-actualisation as much as building dams.
Fundamental Analysis, Value Investing & Growth Investing
Roger Lowenstein - 1997
Growth investing is a fundamentally different style that seeks to identify tomorrow's great business successes. Learn the ins and outs, and the pros and cons, of these basic investment styles.