Daniel Cohen discusses the effects of the slowdown of productivity in Europe and the United States and explains the origin of the apparent trade-off between unemployment in Europe and wage inequalities in the United States. On questions of economic policy and the competing academic views (new classical and Keynesian) on the efficiency of government intervention, Cohen inverts the Keynesian belief that governmentintervention causes growth, and explains why waves of government interventions(including wars) usually follow upward economic trends (rather than create it). But he also advocates government discretion rather than government neutrality by showing the disastrous consequences of a hands-off approach to debt, inflation and social security.

    Second Officer Herbert Stone, in charge of the midnight watch on the SS Californian sitting idly a few miles north, saw the distress rockets that the Titanic fired. He alerted the captain, Stanley Lord, who was sleeping in the chartroom below, but Lord did not come to the bridge. Eight rockets were fired during the dark hours of the midnight watch, and eight rockets were ignored. The next morning, the Titanic was at the bottom of the sea and more than 1,500 people were dead. When they learned of the extent of the tragedy, Lord and Stone did everything they could to hide their role in the disaster, but pursued by newspapermen, lawyers, and political leaders in America and England, their terrible secret was eventually revealed. The Midnight Watch is a fictional telling of what may have occurred that night on the SS Californian, and the resulting desperation of Officer Stone and Captain Lord in the aftermath of their inaction.Told not only from the perspective of the SS Californian crew, but also through the eyes of a family of third-class passengers who perished in the disaster, the narrative is drawn together by Steadman, a tenacious Boston journalist who does not rest until the truth is found. The Midnight Watch is a powerful and dramatic debut novel--the result of many years of research in Liverpool, London, New York, and Boston, and informed by the author's own experiences as a ship's officer and a lawyer.

    It’s important to understand why most traders fail so that you can avoid those mistakes. The day traders who lose money in the market are losing because of a failure to either choose the right stocks, manage risk, and find proper entries or follow the rules of a proven strategy. In this book, I will teach you trading techniques that I personally use to profit from the market. Before diving into the trading strategies, we will first build your foundation for success as a trader by discussing the two most important skills you can possess. I like to say that a day trader is two things: a hunter of volatility and a manager of risk. I’ll explain how to find predictable volatility and how to manage your risk so you can make money and be right only 50 percent of the time. We turn the tables by putting the odds for success in your favor. By picking up this book, you show dedication to improve your trading. This by itself sets you apart from the majority of beginner traders.

    Rather than offering simply a detailed retelling of the Titanic sinking on her maiden voyage, John Maxtone-Graham devotes his considerable knowledge and impeccable prose to a discussion of salient, provocative, and rarely investigated components of the story, including dramatic survivors’ accounts of the events of the fateful night, the role of newly in-vented wireless telecommunication in the disaster, the construction and its ramifications at the famous Harland and Wolff shipyard in Belfast, and the dawn rendezvous with the rescue ship Carpathia. Richly written and vividly detailed, this is the book Titanic buffs have been waiting for.

    The special disaster in which the name originated had long been lost from memory when the poet Longfellow chose the spot as a background for his description of the “Wreck of the Hesperus,” and gave it an association that it will scarcely lose while the English language endures. Nor does it matter to the legend lover that the ill-fated schooner was not “gored” by the “cruel rocks” just at this point, but nearer to the Gloucester coast.

    Eleven days later, on Valentine's Day, the overturned hull of the Americus was found drifting in calm seas, with no record of even a single distress call or trace of its seven-man crew. The Altair vanished altogether. Despite the desperate search that followed, no evidence of the vessel or its crew would ever be found. Fourteen men were lost. And the tragedy would mark the worst disaster in the history of U.S. commercial fishing. With painstaking research and spellbinding prose, acclaimed journalist Patrick Dillon brings to life the men who were lost, the dangers that commercial fishermen face, the haunting memories of the families left behind...and reconstructs the intense investigation that ensued, which for the first time exposed the dangers of an industry that would never again be the same.

    To counter this problem, Thomas J. Cutler has compiled a history of our naval heritage in the form of A Sailor's History of the U.S. Navy. The work is unique in two important ways. First, it is written thematically rather than chronologically. This allows recent history to be blended with more distant (but important) events in ways that will reinforce the timelessness as well as the timeliness of the U.S. Navy, thereby having a greater appeal to today's sailor. There are a number of themes being used--the most obvious are manifested in chapters with the themes of honor, courage, and commitment, but others serve as useful vehicles as well; for example, there is a chapter called What's in a Name? that briefly discusses how ships have been/are named and then uses the many ships that have carried the name Enterprise as the theme for presenting significant portions of the Navy's history.The other unique characteristic of this history is that it focuses wherever possible on the roles of ALL sailors rather than just the officers. That is not to say that Jones and Decatur are not there, but that the emphasis is along the lines of the crew of the Bon Homme Richard fought on into the night... rather than Jones fought... Also, there are plenty of individual sailor heroes who can stand alongside the Perrys and the Farraguts (Boatswain's Mate First Class Williams who won the Medal of Honor in Vietnam, Dorie Miller of Pearl Harbor fame, Gunner's Mate Third Class Paul Henry Carr at the battle off Samar, etc.). Some emphasis upon what it was like to be a sailor (working and living conditions) at different times is included as well.

    Yet unsanctioned public art remains the problem child of cultural expression, the last outlaw of visual disciplines. It has also become a global phenomenon of the 21st century. Made in collaboration with featured artists, Trespass examines the rise and global reach of graffiti and urban art, tracing key figures, events and movements of self-expression in the city's social space, and the history of urban reclamation, protest, and illicit performance. The first book to present the full historical sweep, global reach and technical developments of the street art movement, Trespass features key works by 150 artists, and connects four generations of visionary outlaws including Jean Tinguely, Spencer Tunick, Keith Haring, Os Gemeos, Jenny Holzer, Barry McGee, Gordon Matta-Clark, Shepard Fairey, Blu, Billboard Liberation Front, Guerrilla Girls and Banksy, among others. It also includes dozens of previously unpublished photographs of long-lost works and legendary, ephemeral urban artworks. Also includes: • Unpublished images of street art by Keith Haring and Jean-Michel Basquiat • Unpublished photographs by Subway Art luminary Martha Cooper • Unpublished photos from the personal archives of selected artists • Incisive essays by Anne Pasternak (director of public arts fund Creative Time) and civil rights lawyer Tony Serra • Special feature: exclusive preface by Banksy

    . . an officer who refuses to hide the truth. . . a courtroom confrontation with far-reaching implications . . . The Perfect Storm meets A Civil Action in a gripping account of one of the most significant shipwrecks of the twentieth century. In 1983 the Marine Electric, a “reconditioned” World War II vessel, was on a routine voyage thirty miles off the East Coast of the United States when disaster struck. As the old coal carrier sank, chief mate Bob Cusick watched his crew–his friends and colleagues–succumb to the frigid forty-foot waves and subzero winds of the Atlantic. Of the thirty-four men aboard, Cusick was one of only three to survive. And he soon found himself facing the most critical decision of his life: whether to stand by the Merchant Marine officers’ unspoken code of silence, or to tell the truth about why his crew and hundreds of other lives had been unnecessarily sacrificed at sea. Like many other ships used by the Merchant Marine, the Marine Transport Line's Marine Electric was very old and made of “dirty steel” (steel with excess sulfur content). Many of these vessels were in terrible condition and broke down frequently. Yet the government persistently turned a blind eye to the potential dangers, convinced that the economic return on keeping these ships was worth the risk. Cusick chose to blow the whistle.Until the Sea Shall Free Them re-creates in compelling detail the wreck of the Marine Electric and the legal drama that unfolded in its wake. With breathtaking immediacy, Robert Frump, who covered the story for the Philadelphia Inquirer, describes the desperate battle waged by the crew against the forces of nature. Frump also brings to life Cusick's internal struggle. He knew what happened to those who spoke out against the system, knew that he too might be stripped of his license and prosecuted for "losing his ship," yet he forged ahead. In a bitter lawsuit with owners of the ship, Cusick emerged victorious. His expose of government inaction led to vital reforms in the laws regarding the safety of ships; his courageous stand places him among the unsung heroes of our time.From the Hardcover edition.

    When he agreed to command the Fantome, Windjammer's marquee ship, a beautiful 282-foot schooner that "sailed like a pig" in the Gulf of Honduras, he knew that a storm would leave him little space to run. In the southern reaches of the Caribbean, Tropical Storm Mitch whirled to life like a nebula and became Captain March's worst nightmare--a category five storm with 180-mile-per-hour winds and fifty-foot seas. After discharging his passengers in Belize, Captain March and his crew, most of them West Indians, took the $20 million uninsured tall ship out to sea to dodge the approaching storm. What ensued was a deadly game of cat and mouse that confounded experts' predictions and cornered the Fantome with eerie precision. Based on journalist Jim Carrier's exhaustive research and hundreds of interviews, The Ship and the Storm explores the story of the Fantome and Hurricane Mitch from every angle. From the deck of the ship, to the research planes flying into the eye of the hurricane, to islanders and coastal villagers in a desperate battle for survival, The Ship and the Storm is the heartbreaking and horrifying story of the most destructive hurricane in Western Hemisphere history.

    With a chapter organization mirroring that of The Search for Modern China, this collection is the perfect supplement, providing a first-hand look at the modern Chinese society.

    This is a factual account, written in the pace of fiction, of hundreds of dramatic losses, heroic rescues, and violent adventures at the stormy meeting place of northern and southern winds and waters -- the Graveyard of the Atlantic off the Outer Banks of North Carolina.

    Some sacrificed their lives, while others fought like animals for their own survival. Wives beseeched husbands to join them in lifeboats; gentlemen went taut-lipped to their deaths in full evening dress; and hundreds of steerage passengers, trapped below decks, sought help in vain.

    Without functioning navigation or communication equipment, they are lost and completely alone. One by one, the men fall prey to a mysterious illness. Deckhand Noah Cabot is the only person unaffected by the strange force plaguing the ship and her crew, which does little to ease their growing distrust of him. Dismissing Noah's warnings of worsening conditions, the captain of the ship presses on until the sea freezes into ice and they can go no farther. When the men are ordered overboard in an attempt to break the ship free by hand, the fog clears, revealing a faint shape in the distance that may or may not be their destination. Noah leads the last of the able-bodied crew on a journey across the ice and into an uncertain future where they must fight for their lives against the elements, the ghosts of the past and, ultimately, themselves.

    The account of how the Essex was wrecked inspired the infamous book Moby Dick and countless movies, including the newest, In the Heart of the Sea. The perils of sea, storms, nefarious intent of evil men and fate combined to bring an end to a long whaling voyage – typically hard and grueling enough without suffering an attack by a furious and vengeful sperm whale. The story, told in a first-person narrative by Owen Chase, the first mate of the Essex, was first published in 1821 and served to inspire Herman Melville to write his fictional book of the attack by the whale. The perseverance and determination of the crew, mate, and captain to use each and every tool and morsel available to them in salvage from the wrecked Essex to outfit their flimsy whaleboats for a voyage of more than 2,500 miles back to the South American coast is remarkable in many ways. Every ounce of energy and civility rapidly evaporated after two months at sea. The story not told by Melville may be the best part though the attack by the whale is still impressive if one imagines being on the small ship as the leviathan repeatedly bashes in the hull. In addition to the stirring account by Owen Chase are parts of the account by cabin boy Thomas Nickerson. Nickerson returned to the seas on whale ships following the Essex shipwreck, one of just a few known to have been sunk by a whale. After he retired to running a boarding house in Nantucket was when Nickerson finally wrote his account of the Essex and the plight of the crew. Nickerson only put pen to paper when challenged by a visiting author. When the writer, Leon Lewis, escaping from his creditors, became acquainted with Nickerson, he encouraged him to write down his tale of the incredible Shipwreck of the Whaleship Essex. Nickerson did so and entrusted the manuscript to the erstwhile writer who promised to get it published and then fled to England. Over one hundred years later the Nickerson account The Loss of the Ship "Essex" Sunk by a Whale and the Ordeal of the Crew in Open Boats; was discovered in an old trunk and authenticated by the Nantucket Historical Association and published in 1984, a century after Nickerson wrote it. Nickerson’s story told of the incredible attack on the Essex while two of the whaleboats were in the hunt to harpoon their prey. The first attack crashed the vessel and rocked it hard. Then, Nickerson wrote that the monster whale turned and rammed the Essex again, causing it to heave, break apart and sink. The crew began their search for land and eventually found a small island that was rather poor in resources. The sailors, with the exception of three men who decided to stay on the island, left in search of a better island, the mainland or perhaps a ship. Chase described how during the 90-day journey to the coast of Chile, the men were forced to eat one of their fellow sailors who had died. Nickerson was less than specific about the act of cannibalism and was on the same whaling boat with Chase. The other boat commanded by Capt. Pollard had, but four men left alive and too weak to continue. Finally, they decided to draw lots to determine who would have to be shot so that the others could live. The young cousin of the captain was the loser in that drawing and was killed. Only eight of the crew of twenty survived. It was later revealed that the three men who stayed behind on the island were rescued, and two of the boats made it to Chile.