Book picks similar to
Casino Moscow: A Tale of Greed and Adventure on Capitalism's Wildest Frontier by Matthew Brzezinski
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non-fiction
economics
Stress Test: Reflections on Financial Crises
Timothy F. Geithner - 2014
Geithner helped the United States navigate the worst financial crisis since the Great Depression, from boom to bust to rescue to recovery. In a candid, riveting, and historically illuminating memoir, he takes readers behind the scenes of the crisis, explaining the hard choices and politically unpalatable decisions he made to repair a broken financial system and prevent the collapse of the Main Street economy. This is the inside story of how a small group of policy makers—in a thick fog of uncertainty, with unimaginably high stakes—helped avoid a second depression but lost the American people doing it. Stress Test is also a valuable guide to how governments can better manage financial crises, because this one won’t be the last.Stress Test reveals a side of Secretary Geithner the public has never seen, starting with his childhood as an American abroad. He recounts his early days as a young Treasury official helping to fight the international financial crises of the 1990s, then describes what he saw, what he did, and what he missed at the New York Fed before the Wall Street boom went bust. He takes readers inside the room as the crisis began, intensified, and burned out of control, discussing the most controversial episodes of his tenures at the New York Fed and the Treasury, including the rescue of Bear Stearns; the harrowing weekend when Lehman Brothers failed; the searing crucible of the AIG rescue as well as the furor over the firm’s lavish bonuses; the battles inside the Obama administration over his widely criticized but ultimately successful plan to end the crisis; and the bracing fight for the most sweeping financial reforms in more than seventy years. Secretary Geithner also describes the aftershocks of the crisis, including the administration’s efforts to address high unemployment, a series of brutal political battles over deficits and debt, and the drama over Europe’s repeated flirtations with the economic abyss. Secretary Geithner is not a politician, but he has things to say about politics—the silliness, the nastiness, the toll it took on his family. But in the end, Stress Test is a hopeful story about public service. In this revealing memoir, Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems.
Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth
Rachel Maddow - 2019
That same year, a trove of Michael Jackson memorabilia—including his iconic crystal-encrusted white glove—was sold at auction for over $1 million to a guy who was, officially, just the lowly forestry minister of the tiny nation of Equatorial Guinea. And in 2014, Ukrainian revolutionaries raided the palace of their ousted president and found a zoo of peacocks, gilded toilets, and a floating restaurant modeled after a Spanish galleon. Unlikely as it might seem, there is a thread connecting these events, and Rachel Maddow follows it to its crooked source: the unimaginably lucrative and equally corrupting oil and gas industry. With her trademark black humor, Maddow takes us on a switchback journey around the globe, revealing the greed and incompetence of Big Oil and Gas along the way, and drawing a surprising conclusion about why the Russian government hacked the 2016 U.S. election. She deftly shows how Russia’s rich reserves of crude have, paradoxically, stunted its growth, forcing Putin to maintain his power by spreading Russia’s rot into its rivals, its neighbors, the West’s most important alliances, and the United States. Chevron, BP, and a host of other industry players get their star turn, most notably ExxonMobil and the deceptively well-behaved Rex Tillerson. The oil and gas industry has weakened democracies in developed and developing countries, fouled oceans and rivers, and propped up authoritarian thieves and killers. But being outraged at it is, according to Maddow, “like being indignant when a lion takes down and eats a gazelle. You can’t really blame the lion. It’s in her nature.” Blowout is a call to contain the lion: to stop subsidizing the wealthiest businesses on earth, to fight for transparency, and to check the influence of the world’s most destructive industry and its enablers. The stakes have never been higher. As Maddow writes, “Democracy either wins this one or disappears.”
Midnight in Siberia: A Train Journey into the Heart of Russia
David Greene - 2014
Midnight in Siberia chronicles David Greene's journey on the Trans-Siberian Railway, a 6,000-mile cross-country trip from Moscow to the Pacific port of Vladivostok. In quadruple-bunked cabins and stopover towns sprinkled across the country s snowy landscape, Greene speaks with ordinary Russians about how their lives have changed in the post-Soviet years.These travels offer a glimpse of the new Russia a nation that boasts open elections and newfound prosperity but continues to endure oppression, corruption, a dwindling population, and stark inequality.We follow Greene as he finds opportunity and hardship embodied in his fellow train travelers and in conversations with residents of towns throughout Siberia.We meet Svetlana, an entrepreneur who runs a small hotel in Ishim, fighting through corrupt layers of bureaucracy every day. Greene spends a joyous evening with a group of babushkas who made international headlines as runners-up at the Eurovision singing competition. They sing Beatles covers, alongside their traditional songs, finding that music and companionship can heal wounds from the past. In Novosibirsk, Greene has tea with Alexei, who runs the carpet company his mother began after the Soviet collapse and has mixed feelings about a government in which his family has done quite well. And in Chelyabinsk, a hunt for space debris after a meteorite landing leads Greene to a young man orphaned as a teenager, forced into military service, and now figuring out if any of his dreams are possible.Midnight in Siberia is a lively travel narrative filled with humor, adventure, and insight. It opens a window onto that country s complicated relationship with democracy and offers a rare look into the soul of twenty-first-century Russia."
The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes
Zachary D. Carter - 2020
Writing a full two years before Keynes would revolutionize the economics world with the publication of The General Theory, Woolf nevertheless found herself unable to condense her friend's already-extraordinary life into anything less than twenty-five themes, which she jotted down at the opening of her homage: "Politics. Art. Dancing. Letters. Economics. Youth. The Future. Glands. Genealogies. Atlantis. Mortality. Religion. Cambridge. Eton. The Drama. Society. Truth. Pigs. Sussex. The History of England. America. Optimism. Stammer. Old Books. Hume."Keynes was not only an economist, as he is remembered today, but the preeminent anti-authoritarian thinker of the twentieth century, a man who devoted his life to the belief that art and ideas could conquer war and deprivation. A moral philosopher, political theorist, and statesman, Keynes immersed himself in a creative milieu filled with ballerinas and literary icons as he developed his own innovative and at times radical thought, reinventing Enlightenment liberalism for the harrowing crises of his day--which included two world wars and an economic collapse that challenged the legitimacy of democratic government itself. The Price of Peace follows Keynes from intimate turn-of-the-century parties in London's riotous Bloomsbury art scene to the fevered negotiations in Paris that shaped the Treaty of Versailles, through stock market crashes and currency crises to diplomatic breakthroughs in the mountains of New Hampshire and wartime ballet openings at Covent Garden.In this riveting biography, veteran journalist Zachary D. Carter unearths the lost legacy of one of history's most important minds. John Maynard Keynes's vibrant, deeply human vision of democracy, art, and the good life has been obscured by technical debates, but in The Price of Peace, Carter revives a forgotten set of ideas with the power to reinvent national government and reframe the principles of international diplomacy in our own time.
Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street
Sheelah Kolhatkar - 2017
Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions through speculation, by placing bets in the market that turned out to be right more often than wrong and for this, they gained not only extreme personal wealth but formidable influence throughout society. Hedge funds now oversee more than $3 trillion in assets, and the competition between them is so fierce that traders will do whatever they can to get an edge.Cohen was one of the industry's biggest success stories, the person everyone else in the business wanted to be. Born into a middle-class family on Long Island, he longed from an early age to be a star on Wall Street. He mastered poker in high school, went off to Wharton, and in 1992 launched the hedge fund SAC Capital, which he built into a $15 billion empire, almost entirely on the basis of his wizard like stock trading. He cultivated an air of mystery, reclusiveness, and excess, building a 35,000-square-foot mansion in Greenwich, Connecticut, flying to work by helicopter, and amassing one of the largest private art collections in the world. On Wall Street, Cohen was revered as a genius: one of the greatest traders who ever lived.That image was shattered when SAC Capital became the target of a sprawling, seven-year investigation, led by a determined group of FBI agents, prosecutors, and SEC enforcement attorneys. Labeled by prosecutors as a magnet for market cheaters whose culture encouraged the relentless pursuit of edge and even black edge, which is inside information SAC Capital was ultimately indicted and pleaded guilty to charges of securities and wire fraud in connection with a vast insider trading scheme, even as Cohen himself was never charged.Black Edge offers a revelatory look at the gray zone in which so much of Wall Street functions. It's a riveting, true-life legal thriller that takes readers inside the government's pursuit of Cohen and his employees, and raises urgent and troubling questions about the power and wealth of those who sit at the pinnacle of modern Wall Street.
Chernobyl 01:23:40: The Incredible True Story of the World's Worst Nuclear Disaster
Andrew Leatherbarrow - 2016
It was an act that forced the permanent evacuation of a city, killed thousands and crippled the Soviet Union. The event spawned decades of conflicting, exaggerated and inaccurate stories. This book, the result of five years of research, presents an accessible but comprehensive account of what really happened. From the desperate fight to prevent a burning reactor core from irradiating eastern Europe, to the self-sacrifice of the heroic men who entered fields of radiation so strong that machines wouldn’t work, to the surprising truth about the legendary ‘Chernobyl divers’, all the way through to the USSR’s final show-trial. The historical narrative is interwoven with a story of the author’s own spontaneous journey to Ukraine’s still-abandoned city of Pripyat and the wider Chernobyl Zone. Complete with over 45 pages of photographs of modern-day Pripyat and technical diagrams of the power station, Chernobyl 01:23:40 is a fascinating new account of the world’s worst nuclear disaster.
Dignity: Seeking Respect in Back Row America
Chris Arnade - 2019
Arnade's raw, deeply reported accounts cut through today's clickbait media headlines and indict the elitists who misunderstood poverty and addiction in America for decades.After abandoning his Wall Street career, Arnade decided to document poverty and addiction in the Bronx. He began interviewing, photographing, and becoming close friends with homeless addicts, and spent hours in drug dens and McDonald's. Then he started driving across America to see how the rest of the country compared. He found the same types of stories everywhere, across lines of race, ethnicity, religion, and geography.The people he got to know, from Alabama and California to Maine and Nevada, gave Arnade a new respect for the dignity and resilience of what he calls America's Back Row--those who lack the credentials and advantages of the so-called meritocratic upper class. The strivers in the Front Row, with their advanced degrees and upward mobility, see the Back Row's values as worthless. They scorn anyone who stays in a dying town or city as foolish, and mock anyone who clings to religion or tradition as naive.As Takeesha, a woman in the Bronx, told Arnade, she wants to be seen she sees herself: "a prostitute, a mother of six, and a child of God." This book is his attempt to help the rest of us truly see, hear, and respect millions of people who've been left behind.
The Spy and the Traitor: The Greatest Espionage Story of the Cold War
Ben Macintyre - 2018
In his grey suit and tie, he looked like any other Soviet citizen. The bag alone was mildly conspicuous, printed with the red logo of Safeway, the British supermarket.The man was a spy for MI6. A senior KGB officer, for more than a decade he had supplied his British spymasters with a stream of priceless secrets from deep within the Soviet intelligence machine. No spy had done more to damage the KGB. The Safeway bag was a signal: to activate his escape plan to be smuggled out of Soviet Russia. So began one of the boldest and most extraordinary episodes in the history of spying. Ben Macintyre reveals a tale of espionage, betrayal and raw courage that changed the course of the Cold War forever...
My Promised Land: The Triumph and Tragedy of Israel
Ari Shavit - 2013
Facing unprecedented internal and external pressures, Israel today is at a moment of existential crisis. Through revealing stories of significant events and of ordinary individuals—pioneers, immigrants, entrepreneurs, scientists, army generals, peaceniks, settlers, and Palestinians—Israeli journalist Ari Shavit illuminates many of the pivotal moments of the Zionist century that led Israel to where it is today. We meet the youth group leader who recognized the potential of Masada as a powerful symbol for Zionism; the young farmer who bought an orange grove from his Arab neighbor in the 1920s, and with the Jaffa orange helped to create a booming economy in Palestine; the engineer who was instrumental in developing Israel’s nuclear program; the religious Zionists who started the settler movement. Over an illustrious career that has spanned almost thirty years, Shavit has had rare access to people from across the Israeli political, economic, and social spectrum, and in this ambitious work he tells a riveting story that is both deeply human and of profound historical dimension.As it examines the complexities and contradictions of the Israeli condition, My Promised Land asks difficult but important questions: Why did Israel come to be? How did it come to be? And can Israel survive? Culminating with an analysis of the issues and threats that Israel is currently facing, both internal and external, My Promised Land uses the defining events of the past to shed new light on the present. The result is a landmark portrait of a small, vibrant country living on the edge, whose identity and presence play a crucial role in today’s global political landscape.
Havana Nocturne: How the Mob Owned Cuba & Then Lost it to the Revolution
T.J. English - 2007
In Havana Nocturne, T.J. English offers a multifaceted true tale of organized crime, political corruption, roaring nightlife, revolution & international conflict that interweaves the dual stories of the Mob in Havana & the event that would overshadow it, the Cuban Revolution.As the Cuban people labored under a violently repressive regime throughout the 50s, Mob leaders Meyer Lansky & Charles "Lucky" Luciano turned their eye to Havana. To them, Cuba was the ultimate dream, the greatest hope for the future of the US Mob in the post-Prohibition years of intensified government crackdowns. But when it came time to make their move, it was Lansky, the brilliant Jewish mobster, who reigned supreme. Having cultivated strong ties with the Cuban government & in particular the brutal dictator Fulgencio Batista, Lansky brought key mobsters to Havana to put his ambitious business plans in motion. Before long, the Mob, with Batista's corrupt government in its pocket, owned the biggest luxury hotels & casinos in Havana, launching an unprecedented tourism boom complete with the most lavish entertainment, the world's biggest celebrities, the most beautiful women & gambling galore. But their dreams collided with those of Fidel Castro, Che Guevara & others who would lead the country's disenfranchised to overthrow their corrupt government & its foreign partners—an epic cultural battle that English captures in all its sexy, decadent, ugly glory. Bringing together long-buried historical information with English's own research in Havana—including interviews with the era's key survivors—Havana Nocturne takes readers back to Cuba in the years when it was a veritable devil's playground for mob leaders. English deftly weaves together the parallel stories of the Havana Mob—featuring notorious criminals such as Santo Trafficante Jr & Albert Anastasia—& Castro's 26th of July Movement in a riveting, up-close look at how the Mob nearly attained its biggest dream in Havana—& how Fidel Castro trumped it all with the revolution.
Ninety Percent of Everything: Inside Shipping, the Invisible Industry That Puts Clothes on Your Back, Gas in Your Car, and Food on Your Plate
Rose George - 2013
Each dot is a ship; each ship is laden with boxes; each box is laden with goods. In postindustrial economies, we no longer produce but buy. We buy, so we must ship. Without shipping there would be no clothes, food, paper, or fuel. Without all those dots, the world would not work.Freight shipping has been no less revolutionary than the printing press or the Internet, yet it is all but invisible. Away from public scrutiny, shipping revels in suspect practices, dubious operators, and a shady system of "flags of convenience." Infesting our waters, poisoning our air, and a prime culprit of acoustic pollution, shipping is environmentally indefensible. And then there are the pirates.Rose George, acclaimed chronicler of what we would rather ignore, sails from Rotterdam to Suez to Singapore on ships the length of football fields and the height of Niagara Falls; she patrols the Indian Ocean with an anti-piracy task force; she joins seafaring chaplains, and investigates the harm that ships inflict on endangered whales.Sharply informative and entertaining, Ninety Percent of Everything reveals the workings and perils of an unseen world that holds the key to our economy, our environment, and our very civilization.
Ghosts of Spain: Travels Through Spain and its Silent Past
Giles Tremlett - 2006
At this charged moment, Giles Tremlett embarked on a journey around the country and through its history to discover why some of Europe’s most voluble people have kept silent so long. Ghosts of Spain is the fascinating result of that journey. In elegant and passionate prose, Tremlett unveils the tinderbox of disagreements that mark the country today. Delving into such emotional questions as who caused the Civil War, why Basque terrorists kill, why Catalans hate Madrid, and whether the Islamist bombers who killed 190 people in 2004 dreamed of a return to Spain’s Moorish past, Tremlett finds the ghosts of the past everywhere. At the same time, he offers trenchant observations on more quotidian aspects of Spanish life today: the reasons, for example, Spaniards dislike authority figures, but are cowed by a doctor’s white coat, and how women have embraced feminism without men noticing. Drawing on the author’s twenty years of experience living in Spain, Ghosts of Spain is a revelatory book about one of Europe’s most exciting countries.
Culture Hacks: Deciphering Differences in American, Chinese, and Japanese Thinking
Richard Conrad - 2019
money management firm researching, analyzing, and investing in Chinese and Japanese equities. Richard is fluent in Chinese and Japanese and continues to live in Asia with his family.
The Gulag Archipelago 1918–1956
Aleksandr Solzhenitsyn - 1973
Solzhenitsyn reveals the entire apparatus of Soviet repression—the state within the state that ruled all-powerfully. Through truly Shakespearean portraits of its victims—men, women, and children—we encounter secret police operations, labor camps and prisons; the uprooting or extermination of whole populations, the welcome that awaited Russian soldiers who had been German prisoners of war. Yet we also witness the astounding moral courage of the incorruptible, who, defenseless, endured great brutality and degradation. The Gulag Archipelago 1918–1956—a grisly indictment of a regime, fashioned here into a veritable literary miracle—has now been updated with a new introduction that includes the fall of the Soviet Union and Solzhenitsyn's move back to Russia.
American Prison: A Reporter's Undercover Journey into the Business of Punishment
Shane Bauer - 2018
An award-winning investigative journalist, he used his real name; In American Prison, Bauer weaves a much deeper reckoning with his experiences together with a thoroughly researched history of for-profit prisons in America from their origins in the decades before the Civil War. For, as he soon realized, we can't understand the cruelty of our current system and its place in the larger story of mass incarceration without understanding where it came from. Private prisons became entrenched in the South as part of a systemic effort to keep the African-American labor force in place in the aftermath of slavery, and the echoes of these shameful origins are with us still.