dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon.Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008.Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict.As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself.Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas.While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.

    After seventy-five years of peace in the Pacific, a new challenger to American power has emerged, on a scale not seen in generations. Working from a deep sense of national destiny, the Chinese Communist Party is guiding a country of 1.4 billion people towards what it calls "the great rejuvenation of the Chinese nation," and, with it, the end of an American-led world. Will this generation witness the final act for America as a superpower? Can American ingenuity, confidence, and will power outcompete the long-term strategic thinking and planning of China's Communist Party? These are the challenges that will shape the next decade and more. China's Vision of Victory brings the reader to a new understanding of China's planning, strategy, and ambitions. From seabed to space, from Africa to the Arctic, from subsurface warfare to the rise of China's global corporations, this book will illuminate for the reader the new great game of our lifetimes, and how our adversary sees it all.

    Bacevich provides a searing reassessment of U.S. military policy in the Middle East over the past four decades. From the end of World War II until 1980, virtually no American soldiers were killed in action while serving in the Greater Middle East. Since 1990, virtually no American soldiers have been killed in action anywhere else. What caused this shift? Andrew J. Bacevich, one of the country’s most respected voices on foreign affairs, offers an incisive critical history of this ongoing military enterprise—now more than thirty years old and with no end in sight. During the 1980s, Bacevich argues, a great transition occurred. As the Cold War wound down, the United States initiated a new conflict—a War for the Greater Middle East—that continues to the present day. The long twilight struggle with the Soviet Union had involved only occasional and sporadic fighting. But as this new war unfolded, hostilities became persistent. From the Balkans and East Africa to the Persian Gulf and Central Asia, U.S. forces embarked upon a seemingly endless series of campaigns across the Islamic world. Few achieved anything remotely like conclusive success. Instead, actions undertaken with expectations of promoting peace and stability produced just the opposite. As a consequence, phrases like “permanent war” and “open-ended war” have become part of everyday discourse. Connecting the dots in a way no other historian has done before, Bacevich weaves a compelling narrative out of episodes as varied as the Beirut bombing of 1983, the Mogadishu firefight of 1993, the invasion of Iraq in 2003, and the rise of ISIS in the present decade. Understanding what America’s costly military exertions have wrought requires seeing these seemingly discrete events as parts of a single war. It also requires identifying the errors of judgment made by political leaders in both parties and by senior military officers who share responsibility for what has become a monumental march to folly. This Bacevich unflinchingly does. A twenty-year army veteran who served in Vietnam, Andrew J. Bacevich brings the full weight of his expertise to this vitally important subject. America’s War for the Greater Middle East is a bracing after-action report from the front lines of history. It will fundamentally change the way we view America’s engagement in the world’s most volatile region.Advance praise for America’s War for the Greater Middle East“In one arresting book after another, Bacevich has relentlessly laid bare the failings of American foreign policy since the Cold War. This one is his sad crowning achievement: the story of our long and growing military entanglement in the region of the most tragic, bitter, and intractable of conflicts.”—Richard K. Betts, director, Saltzman Institute of War and Peace Studies, Columbia University “An unparalleled historical tour de force certain to affect the formation of future U.S. foreign policy . . . Every citizen aspiring to high office needs not only to read but to study and learn from this important book. This is one of the most serious and essential books I have read in more than half a century of public service.”—Lieutenant General Paul K. Van Riper, U.S. Marine Corps (Ret.) “Bacevich asks and answers a provocative, inconvenient question: In a multigenerational war in the Middle East, ‘Why has the world’s mightiest military achieved so little?’ ”—Graham Allison, director, Belfer Center for Science and International Affairs, and Douglas Dillon Professor of Government at Harvard’s John F. Kennedy School of GovernmentFrom the Hardcover edition.

    He could buy himself a new car or build himself a nice house or give it to his friends and family, but that was about it. If he kept stealing, the money would just pile up in his house until he had no rooms left to put it in, or it was eaten by mice.And then some bankers in London had a bright idea.Join the investigative journalist Oliver Bullough on a journey into Moneyland - the secret country of the lawless, stateless superrich.Learn how the institutions of Europe and the United States have become money-laundering operations, undermining the foundations of Western stability. Discover the true cost of being open for business no matter how corrupt and dangerous the customer. Meet the kleptocrats. Meet their awful children. And find out how heroic activists around the world are fighting back.This is the story of wealth and power in the 21st century. It isn't too late to change it.

    If they search in the right places and offer the appropriate price, there is always a facilitator who can get the job done. This book is a sneak preview of those searches, the middlemen who do those jobs, and the many opportunities that the fast-growing economy offers.'Josy Joseph draws upon two decades as an investigative journalist to expose a problem so pervasive that we do not have the words to speak of it. The story is big: that of treacherous business rivalries, of how some industrial houses practically own the country, of the shadowy men who run the nation's politics. The story is small: a village needs a road and a hospital, a graveyard needs a wall, people need toilets.A Feast of Vultures is an unprecedented, multiple-level inquiry into modern India, and the picture it reveals is both explosive and frightening. Within these covers is unimpeachable evidence against some of the country's biggest business houses and political figures, and the reopening of major scandals that have shaped its political narratives. Through hard-nosed investigations and the meticulous gathering of documentary evidence, Joseph clinically examines and irrefutably documents the non-reportable. It is a troubling narrative, but also a call to action and a cry for change. A tour de force through the wildly beating heart of post-socialist India, the book is a must-read for anyone interested in understanding the large, unwieldy truth about this nation.

    They start from a single assertion: Leaders do whatever keeps them in power. They don’t care about the “national interest”—or even their subjects—unless they have to. This clever and accessible book shows that the difference between tyrants and democrats is just a convenient fiction. Governments do not differ in kind but only in the number of essential supporters, or backs that need scratching. The size of this group determines almost everything about politics: what leaders can get away with, and the quality of life or misery under them. The picture the authors paint is not pretty. But it just may be the truth, which is a good starting point for anyone seeking to improve human governance.

    His father, Akbar, transformed the Mughal kingdom into an empire, and his reign is often considered an epoch in itself. Jahangir's son Shahjahan built the tomb that Tagore famously described as a 'teardrop on the cheek of time', and was sometimes upheld as Akbar's true heir. Jahangir, on the other hand, has the reputation of a weak man, at best: an alcoholic with an eye for art and greed for pleasure, controlled by a powerful wife. But far from being a disinterested prince and insignificant ruler, Jahangir showed tremendous ambition and strength throughout his life. When his succession was threatened, Jahangir set up a rebel court in the face of the mighty Akbar himself. While he made no conquests to match his father's, Jahangir was the first Mughal to win the allegiance of the fearsome Ranas of Mewar. And, for all his reputed frivolity, Jahangir was the emperor who won his dynasty its glorious association with things of beauty and splendour - and who wrote one of the most perceptive and entertaining imperial memoirs of all time. The man who is most often defined by his relationships is here presented holistically as a canny ruler and conscientious administrator, an astute observer of human society and a connoisseur with wide-ranging interests. In this marvellous work of popular history, Parvati Sharma tells a compelling story of one of the most fascinating and undervalued rulers of India.

     Former economic hit man John Perkins shares new details about the ways he and others cheated countries around the globe out of trillions of dollars. Then he reveals how the deadly EHM cancer he helped create has spread far more widely and deeply than ever in the US and everywhere else--to become the dominant system of business, government, and society today. Finally, he gives an insider view of what we each can do to change it.Economic hit men are the shock troops of what Perkins calls the corporatocracy, a vast network of corporations, banks, colluding governments, and the rich and powerful people tied to them. If the EHMs can't maintain the corrupt status quo through nonviolent coercion, the jackal assassins swoop in. The heart of this book is a completely new section, over 100 pages long, that exposes the fact that all the EHM and jackal tools--false economics, false promises, threats, bribes, extortion, debt, deception, coups, assassinations, unbridled military power--are used around the world today exponentially more than during the era Perkins exposed over a decade ago.As dark as the story gets, this reformed EHM also provides hope. Perkins offers specific actions each of us can take to transform what he calls a failing Death Economy into a Life Economy that provides sustainable abundance for all.

    During the years when Brazil, India, China and the other “emerging markets” have transformed their economies, Africa's resource states remained tethered to the bottom of the industrial supply chain. While Africa accounts for about 30 per cent of the world's reserves of hydrocarbons and minerals and 14 per cent of the world's population, its share of global manufacturing stood in 2011 exactly where it stood in 2000: at 1 percent.In his first book, The Looting Machine, Tom Burgis exposes the truth about the African development miracle: for the resource states, it's a mirage. The oil, copper, diamonds, gold and coltan deposits attract a global network of traders, bankers, corporate extractors and investors who combine with venal political cabals to loot the states' value. And the vagaries of resource-dependent economies could pitch Africa's new middle class back into destitution just as quickly as they climbed out of it. The ground beneath their feet is as precarious as a Congolese mine shaft; their prosperity could spill away like crude from a busted pipeline.This catastrophic social disintegration is not merely a continuation of Africa's past as a colonial victim. The looting now is accelerating as never before. As global demand for Africa's resources rises, a handful of Africans are becoming legitimately rich but the vast majority, like the continent as a whole, is being fleeced. Outsiders tend to think of Africa as a great drain of philanthropy. But look more closely at the resource industry and the relationship between Africa and the rest of the world looks rather different. In 2010, fuel and mineral exports from Africa were worth 333 billion, more than seven times the value of the aid that went in the opposite direction. But who received the money? For every Frenchwoman who dies in childbirth, 100 die in Niger alone, the former French colony whose uranium fuels France's nuclear reactors. In petro-states like Angola three-quarters of government revenue comes from oil. The government is not funded by the people, and as result it is not beholden to them. A score of African countries whose economies depend on resources are rentier states; their people are largely serfs. The resource curse is not merely some unfortunate economic phenomenon, the product of an intangible force. What is happening in Africa's resource states is systematic looting. Like its victims, its beneficiaries have names.

    Nobel Peace Prize winner, bestselling author, activist, and political icon, Al Gore has become one of the most respected and influential public intellectuals in America today. The Assault on Reason takes an unprecedented look at how faith in the power of reasonâ€"the idea that citizens can govern themselves through rational debate

    In this book Philip Bobbitt brings together historical, legal, and strategic analyses to understand the idea of a “war on terror.” Does it make sense? What are its historical antecedents? How would such a war be “won”? What are the appropriate doctrines of constitutional and international law for democracies in such a struggle?He provocatively declares that the United States is the chief cause of global networked terrorism because of overwhelming American strategic dominance. This is not a matter for blame, he insists, but grounds for reflection on basic issues. We have defined the problem of winning the fight against terror in a way that makes the situation virtually impossible to resolve. We need to change our ideas about terrorism, war, and even victory itself.Bobbitt argues that the United States has ignored the role of law in devising its strategy, with fateful consequences, and has failed to reform law in light of the changed strategic context. Along the way he introduces new ideas and concepts—Parmenides’ Fallacy, the Connectivity Paradox, the market state, and the function of terror as a by-product of globalization—to help us prepare for what may be a decades-long conflict of which the battle against al Qaeda is only the first instance.At stake is whether we can maintain states of consent in the twenty-first century or whether the dominant constitutional order will be that of states of terror. Challenging, provocative, and insightful, Terror and Consent addresses the deepest themes of governance, liberty, and violence. It will change the way we think about confronting terror—and it will change the way we evaluate public policies in that struggle.

    What is it that we as a nation are missing? At the heart of the book is the belief that the people of a nation have the power, by dint od hard work, to realize their dream of a truly good life. Lalam takes up different issues and themes that struck him on his pilgrimage around the country as he met thousands of schoolchildren, teachers, scientists saints and seers in the course of two years. The result is a book that motivates usto get back on the winning track and unleash the energy within a nation that has not allowed itself full rein. Ignited minds will fire the minds of the young to whom it is promarly addressed Khuswant Singh in Outlook.

    Jawaharlal Nehru, Gandhi’s protégé and the political leader of India, believed Indians were an inherently nonviolent, peaceful people. Pakistan’s founder, Mohammad Ali Jinnah, was a secular lawyer, not a firebrand. But in August 1946, exactly a year before Independence, Calcutta erupted in riots. A cycle of street-fighting — targeting Hindus, then Muslims, then Sikhs — spun out of control. As the summer of 1947 approached, all three groups were heavily armed and on edge, and the British rushed to leave. Hell let loose. Trains carried Muslims west and Hindus east to their slaughter. Some of the most brutal and widespread ethnic cleansing in modern history erupted on both sides of the new border, searing a divide between India and Pakistan that remains a root cause of many evils. From jihadi terrorism to nuclear proliferation, the searing tale told in Midnight’s Furies explains all too many of the headlines we read today.

    

    The victim was Mohammad Mossadegh, the democratically elected prime minister of Iran. Although the coup seemed a success at first, today it serves as a chilling lesson about the dangers of foreign intervention.In this book, veteran New York Times correspondent Stephen Kinzer gives the first full account of this fateful operation. His account is centered around an hour-by-hour reconstruction of the events of August 1953, and concludes with an assessment of the coup's "haunting and terrible legacy."Operation Ajax, as the plot was code-named, reshaped the history of Iran, the Middle East, and the world. It restored Mohammad Reza Shah to the Peacock Throne, allowing him to impose a tyranny that ultimately sparked the Islamic Revolution of 1979. The Islamic Revolution, in turn, inspired fundamentalists throughout the Muslim world, including the Taliban and terrorists who thrived under its protection."It is not far-fetched," Kinzer asserts in this book, "to draw a line from Operation Ajax through the Shah's repressive regime and the Islamic Revolution to the fireballs that engulfed the World Trade Center in New York."Drawing on research in the United States and Iran, and using material from a long-secret CIA report, Kinzer explains the background of the coup and tells how it was carried out. It is a cloak-and-dagger story of spies, saboteurs, and secret agents. There are accounts of bribes, staged riots, suitcases full of cash, and midnight meetings between the Shah and CIA agent Kermit Roosevelt, who was smuggled in and out of the royal palace under a blanket in the back seat of a car. Roosevelt,the grandson of President Theodore Roosevelt, was a real-life James Bond in an era when CIA agents operated mainly by their wits. After his first coup attempt failed, he organized a second attempt that succeeded three days later.The colorful cast of characters includes the terrified young Shah, who fled his country at the first sign of trouble; General H. Norman Schwarzkopf, father of the Gulf War commander and the radio voice of "Gang Busters," who flew to Tehran on a secret mission that helped set the coup in motion; and the fiery Prime Minister Mossadegh, who outraged the West by nationalizing the immensely profitable Anglo-Iranian Oil Company. The British, outraged by the seizure of their oil company, persuaded President Dwight Eisenhower that Mossadegh was leading Iran toward Communism. Eisenhower and Prime Minister Winston Churchill of Great Britain became the coup's main sponsors.Brimming with insights into Middle Eastern history and American foreign policy, this book is an eye-opening look at an event whose unintended consequences - Islamic revolution and violent anti-Americanism--have shaped the modern world. As the United States assumes an ever-widening role in the Middle East, it is essential reading.