Book picks similar to
The New Robber Barons by Janet M. Tavakoli
finance
economics
nonfiction
business
Right for a Reason: Life, Liberty, and a Crapload of Common Sense
Miriam Weaver - 2014
We conservatives have truth and rationality and logic on our side. We just need to remind ourselves why we are right, and we need that reminder delivered in a way that’s not a lecture, not a history lesson, and not a complicated political diatribe.” If you think all conservatives are old white dudes, think again. Meet the Chicks on the Right (if you haven’t already). Everyone loves to tell them they’re wrong. Everyone. Liberals say they’re wrong because, well, they’re conservative. Conservatives tell them they’re wrong because they are not conservative enough. Or because they’re too conservative. Or because they’re the wrong kind of conservative. With all the blame flying around, it’s easy to lose sight of one important thing: They think like you. And they are right. It’s right to revere the Constitution. It’s right to value personal responsibility, economic liberty, and free enterprise. It’s right to think that political correctness is crap, and it’s right to call out the mainstream media for bias. And it’s right to laugh at the so-called War on Women and to stand up for the unborn. As they do every day on their blog and radio show, Miriam Weaver and Amy Jo Clark offer a definitive response to critics on the right and the left, and a cheerfully snarky pep talk for likeminded conservatives. On the one hand, they are tired of the media’s portrayal of conservatives as repressed sticks-in-the-mud; on the other hand, they are sick of GOP leaders who play right into that stereotype. With humor and insight, Mock and Daisy, as the Chicks are known on their blog, explain why:Capitalism is a good thing—success and the money that comes with it are nothing to be ashamed of! First Amendment protections extend to all Americans, not just those with whom we agree. Americans have a constitutional right to things that go pew-pew-pew. Skin color is irrelevant. It makes sense to be pro-life and pro-Plan B. The Chicks offer suggestions for a conservative makeover that will realign the GOP with the regular folks who are frustrated with uptight and clueless politicians. But they also show why conservatism makes sense for everyone, especially those who love their country, their families, God, rock and roll, and a well-made cocktail (not necessarily in that order).
Out of the Ether: The Amazing Story of Ethereum and the $55 Million Heist that Almost Destroyed It All
Matthew Leising - 2020
It also chronicles the creation of the Ethereum blockchain from the mind of inventor Vitalik Buterin to the ragtag group of people he assembled around him to build the second-largest crypto universe after Bitcoin.Celebrated journalist and author Matthew Leising tells the full story of one of the most incredible chapters in cryptocurrency history. He covers the aftermath of the heist as well, explaining the extreme lengths the victims of the theft and the creators of Ethereum went to in order to try and limit the damage. The book covers:The creation of EthereumAn explanation of the nature of blockchain and cryptocurrencyThe activities of a colorful cast of hackers, coders, investors, and thievesPerfect for anyone with even a passing interest in the world of modern fintech or daring electronic heists, Out of the Ether is a story of genius and greed that’s so incredible you may just choose not to believe it.
The Living Constitution
David A. Strauss - 2010
He wanted a dead Constitution, he joked, arguing it must be interpreted as the framers originally understood it.In The Living Constitution, leading constitutional scholar David Strauss forcefully argues against the claims of Scalia, Clarence Thomas, Robert Bork, and other originalists, explaining in clear, jargon-free English how the Constitution can sensibly evolve, without falling into the anything-goes flexibility caricatured by opponents. The living Constitution is not an out-of-touch liberal theory, Strauss further shows, but a mainstream tradition of American jurisprudence--a common-law approach to the Constitution, rooted in the written document but also based on precedent. Each generation has contributed precedents that guide and confine judicial rulings, yet allow us to meet the demands of today, not force us to follow the commands of the long-dead Founders. Strauss explores how judicial decisions adapted the Constitution's text (and contradicted original intent) to produce some of our most profound accomplishments: the end of racial segregation, the expansion of women's rights, and the freedom of speech. By contrast, originalism suffers from fatal flaws: the impossibility of truly divining original intent, the difficulty of adapting eighteenth-century understandings to the modern world, and the pointlessness of chaining ourselves to decisions made centuries ago.David Strauss is one of our leading authorities on Constitutional law--one with practical knowledge as well, having served as Assistant Solicitor General of the United States and argued eighteen cases before the United States Supreme Court. Now he offers a profound new understanding of how the Constitution can remain vital to life in the twenty-first century.
The Great Deformation: The Corruption of Capitalism in America
David A. Stockman - 2013
It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few.Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian “borrow and spend” policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair.Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base—even as the Fed's massive money printing allowed politicians to enjoy “deficits without tears.” But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.
The Shadow Market: How Sovereign Wealth Funds and Rogue Nations Threaten America's Financial Future
Eric J. Weiner - 2010
Weiner reveals how foreign countries and private investors are increasingly controlling the global economy and secretly wresting power from the United States in ways that our government cannot reverse and about which the average American knows nothing. The most potent force in global commerce today is not the Federal Reserve, not the international banks, not the governments of the G7 countries, and certainly not the European Union. Rather, it is the multi-trillion-dollar network of super-rich, secretive, and largely unregulated investment vehicles—foreign sovereign wealth funds, government-run corporations, private equity funds, and hedge funds—that are quietly buying up the world, piece by valuable piece. As Weiner’s groundbreaking account shows, the shadow market doesn’t have a physical headquarters such as Wall Street. It doesn’t have a formal leadership or an index to track or a single zone of exchange. Rather, it comprises an invisible and ever-shifting global nexus where money mixes with geopolitical power, often with great speed and secrecy. Led by cash-flush nations such as China, Kuwait, Abu Dhabi, Singapore, Saudi Arabia, and even Norway, the shadow market is hiring the brightest international financial talent money can buy and is now assembling the gigantic investment portfolios that will form the power structure of tomorrow’s economy. Taking advantage of the Great Recession and subsequent liquidity problems in the United States and Europe, the major players of the shadow market are deploying staggering amounts of cash, controlling the capital markets, and securing not only major stakes in multinational companies but huge tracts of farmland and natural resources across the world. Yet that’s not all; they’re also pursuing political agendas made possible by their massive wealth and are becoming increasingly aggressive with the United States and other governments. Highly informative and genuinely startling, Eric J. Weiner’s up-to-date account gets out in front of daily events, with proof of his argument destined to appear in the news for years to come. The Shadow Market moves the conversation from “international competition” to “global financial warfare,” and stands as an urgent must-read for anyone interested in the future of the global economy, America’s position in the world, or how and where to invest money today. DID YOU KNOW? ***The Pentagon has run elaborate simulations of global financial war. Result: America lost, and the shadow market won. ***The U.S. dollar is under siege as a global currency; oil-producing nations have already begun secret discussions about replacing it in oil trading. ***While Greece was burning in the spring of 2010, the shadow market nations were spending hundreds of billions of dollars all over the world rather than helping to fix the European crisis. Why? Because it wasn’t their problem. ***With its wealth of natural resources, Brazil may be more powerful than Germany, France, and Great Britain put together, and may soon rival the United States for economic supremacy in the Western Hemisphere. ***In April 2009, China told the International Monetary Fund to sell 3,217 tons of gold. How much did China buy? That’s a secret. What else is China buying? As many of the oil reserves in non–Middle Eastern countries as it can, including in Canada. It has bought so many Australian natural resource companies that Australia is getting nervous. And some would say that China has, in effect, already purchased Taiwan. ***Many of the shadow market countries are racing to improve their food-security risks by buying large swaths of farmland in other countries, potentially at the risk of starving the local citizens. Saudi Arabia has a farm the size of Connecticut in Indonesia, and Korean industrial giant Daewoo controls half the arable land of Madagascar. ***Iran is China’s third largest oil supplier and in return receives significant protection from Chinese diplomats, who are increasingly important players on the geopolitical stage. ***The shadow market countries will soon control nearly $20 trillion in assets, a sum greater than the gross domestic product of the United States.
Denial of Justice: Dorothy Kilgallen, Abuse of Power, and the Most Compelling JFK Assassination Investigation in History
Mark Shaw - 2018
Shaw includes facts that have never before been published, including eyewitness accounts of the underbelly of Kilgallen’s private life, revealing statements by family members convinced she was murdered, and shocking new information about Jack Ruby’s part in the JFK assassination that only Kilgallen knew about, causing her to be marked for danger. Peppered with additional evidence signaling the potential motives of Kilgallen’s arch enemies J. Edgar Hoover, mobster Carlos Marcello, Frank Sinatra, her husband Richard, and her last lover, Denial of Justice adds the final chapter to the story behind why the famous journalist was killed, with no investigation to follow despite a staged death scene. More information can be found at www.thedorothykilgallenstory.com.
Fly Fishing with Darth Vader: And Other Adventures with Evangelical Wrestlers, Political Hitmen, and Jewish Cowboys
Matt Labash - 2010
Considered one of American’s most brilliant writers by the journalism community, this long-awaited book debut presents Labash at his very best. A latter day Leibling, Labash’s collection will take its place alongside books by writers such as Calvin Trillin and P.J. O’Rourke..• A unique voice that’s well-connected: Labash’s well-informed insights, self-deprecating wit, and provocative candor feature regularly in The Weekly Standard and have also appeared in Washingtonian Magazine , American Spectator , and on Slate.com. Extremely well-liked and respected, his media contacts are many and varied. He has declined invitations to appear on everything from HBO Sports to Meet the Press —but is finally willing to make the rounds. As LA Weekly wrote after his Detroit piece, “it’s not new to give props to Matt Labash.”.• Remarkable collection: Full of wit, insight, and a trenchant grasp of the American scoundrel, Labash’s masterful profiles of men on the nation’s fringe—Pirate Kingfish Gov. Edwin Johnson, The Right Reverend Dr. Al Sharpton, Dirty Trickster Roger Stone—are published alongside devastating pieces on such dead or dying cities as Detroit and New Orleans; work celebrating such joyous, but overlooked pockets of American culture as Revival music and Rebirth Brass Band; and scathing, hilarious briefs on the nation’s great phonies—Michael Moore, Louis Farrakhan, Donald Trump to name a few..
The Great Inflation and Its Aftermath: The Past and Future of American Affluence
Robert J. Samuelson - 2008
The Great Inflation, argues award-winning columnist Robert J. Samuelson in this provocative book, was the worst domestic policy blunder of the postwar era and played a crucial role in transforming American politics, economy, and everyday life-and yet its story is hardly remembered or appreciated. In these uncertain economic times, it is more imperative than ever that we understand what happened in the 1960s and 1970s, lest we be doomed to repeat our mistakes. From 1960 to 1979, inflation rose from barely more than 1 percent to nearly 14 percent. It was the greatest peacetime inflationary spike in this nation's history, and it had massive repercussions in every area of our lives. The direct consequences included Ronald Reagan's election to the presidency in 1980, stagnation in living standards, and a growing belief-both in America and abroad-that the great-power status of the United States was ending." The Great Inflation and Its Aftermath" traces the origins and rise of double-digit inflation and its fall in the brutal 1981-82 recession, engineered by the Federal Reserve under then-chairman Paul Volcker and with the staunch backing of Reagan. But that is only half the story. The end of high inflation triggered economic and social changes that are still with us. The stock market and housing booms were both direct outcomes; American business became more productive-and also much less protective of workers; and globalization was encouraged. We cannot understand today's world, Samuelson contends, without understanding the Great Inflation and its aftermath. Nor can we prepare for the future unless we heed its lessons. This incisive and enlightening book will stand as the authoritative account of a watershed event of our times. Praise for "The Great Inflation and Its Aftermath"""Newsweek" and "Washington Post" columnist Samuelson is one of the rare journalists who debates politics and economics with a healthy skepticism toward conventional wisdom. Politicians would do well to study [the errors] the past that teach that choosing quick fixes only delays and worsens the inevitable.""- Booklist" "If you want to understand the economic events of the last half century, you should read. . . Robert Samuelson's The Great Inflation and Its Aftermath: --U.S News & World Report.
A Very Stable Genius: Donald J. Trump's Testing of America
Philip Rucker - 2020
They peer deeply into Trump's White House – at the aides pressured to lie to the public, the lawyers scrambling to clear up norm-breaking disasters, and the staffers whose careers have been reduced to ashes – to paint an unparalleled group portrait of an administration driven by self-preservation and paranoia. Rucker and Leonnig reveal Trump at his most unvarnished, showing the unhinged decision-making and incompetence that has floored officials and stunned foreign leaders. They portray unscripted calls with Vladimir Putin, steak dinners with Kim Jong-un, and calls with Theresa May so hostile that they left her aides shaken. They also take a hard look at Robert Mueller, Trump's greatest antagonist to date, and how his investigation slowly unravelled an administration whose universal value is loyalty – not to country, but to the president himself.
Maonomics: Why Chinese Communists Make Better Capitalists Than We Do
Loretta Napoleoni - 2010
In Maonomics: Why Chinese Communists Make Better Capitalists than We Do, Napoleoni argues just the opposite: what we are witnessing instead is the beginning of the collapse of capitalism and the victory of "communism with a profit motive." Maonomics charts the prodigious ascent of the Chinese economic miracle and the parallel course of the West’s ongoing insistence on misconstruing China and its economy even as we acknowledge its growing influence and importance. Maonomics is a warning call whereby Western governments can avoid economic collapse by learning how to understand more clearly what the lessons of the Chinese economy really are. Based on first-hand reporting from China during frequent visits in the last several years, Maonomics lends credence to the Chinese view and translates it for Western readers. For example, the Chinese too are attached to their vision of democracy, but it is different from ours. It isn’t focused as much on voting as it is economic opportunity and the fair distribution of wealth and prosperity. Napoleoni also separates failed Leninist political ideology from true Marxist theory, showing that Marx’s writings do not reject profit so long as it is used to benefit the people. Marx’s dictatorship of the proletariat is being realized in China, she argues, where giant steps forward are being made in the name of progress and the wellbeing and prosperity of the Chinese people. Looking at the Chinese economy up close, any economist would be hard pressed to say that they are not on the right track. Here Loretta Napoleoni offers a front row seat on the greatest show on earth: the peaceful economic revolution that is shifting the balance of power in the world from West to East.
Glass House: The 1% Economy and the Shattering of the All-American Town
Brian Alexander - 2017
Today it is damaged, discouraged, and fighting for its future. In Glass House, journalist Brian Alexander uses the story of one town to show how seeds sown 35 years ago have sprouted to give us Trumpism, inequality, and an eroding national cohesion.The Anchor Hocking Glass Company, once the world’s largest maker of glass tableware, was the base on which Lancaster’s society was built. As Glass House unfolds, bankruptcy looms. With access to the company and its leaders, and Lancaster’s citizens, Alexander shows how financial engineering took hold in the 1980s, accelerated in the 21st Century, and wrecked the company. We follow CEO Sam Solomon as he tries to rescue the company from the New York private equity firm that hired him. Meanwhile, Alexander goes behind the scenes, entwined with the lives of residents as they wrestle with heroin, politics, high-interest lenders, low wage jobs, technology, and the new demands of American life: people like Brian Gossett, the fourth generation to work at Anchor Hocking; Joe Piccolo, first-time director of the annual music festival who discovers the town relies on him, and it, for salvation; Jason Roach, who police believed may have been Lancaster’s biggest drug dealer; and Eric Brown, a local football hero-turned-cop who comes to realize that he can never arrest Lancaster’s real problems.
Volcker: The Triumph of Persistence
William L. Silber - 2012
Volcker. During his tenure as chairman of the Federal Reserve Board, when he battled the Great Inflation of the 1970s, Volcker did nothing less than restore the reputation of an American financial system on the verge of collapse. After the 2008 financial meltdown, the nation turned again to Volcker to restore trust in a shaky financial system: President Obama would name his centerpiece Wall Street regulation the Volcker Rule. Volcker's career demonstrated that a determined central banker can prevail over economic turmoil--so long as he can resist relentless political pressure. His resolve and independent thinking--sorely tested by Richard Nixon, Jimmy Carter, and Ronald Reagan--laid the foundation for a generation of economic stability. Indeed, William L. Silber argues, it was only Volcker's toughness on monetary policy that "forced Reagan to be Reagan" and to rein in America's deficit.Noted scholar and finance expert Silber draws on hours of candid personal interviews and complete access to Volcker's personal papers to render dramatic behind-the-scenes accounts from Volcker's career at the Treasury Department and the Federal Reserve: secret negotiations with European ministers; confrontations with the White House; crisis conferences with Wall Street titans, and even tense boardroom rebellions within the Fed itself. Filled with frank commentary from Volcker himself--including why he was personally irked with the "Volcker Rule" label--this will be the definitive account of Volcker's indispensable role in American economic history.
Collusion: Secret Meetings, Dirty Money, and How Russia Helped Donald Trump Win
Luke Harding - 2017
Beginning with a meeting with Christopher Steele, the man behind the shattering dossier that first brought the allegations to light, Harding probes the histories of key Russian and American players with striking clarity and insight. In a thrilling, fast-paced narrative, Harding exposes the disquieting details of the “Trump-Russia” story—a saga so huge it involves international espionage, off-shore banks, sketchy real estate deals, mobsters, money laundering, disappeared dissidents, computer hacking, and the most shocking election in American history.
He Who Must Be Obeid: The Untold Story
Kate McClymont - 2014
New South Wales has Eddie Obeid.Meet Australia's most corrupt politician whose brazen misdeeds were on a scale said to be "unexceeded since the days of the Rum Corps".From the shadows Obeid ran the state as his fiefdom, making and unmaking premiers. Along the way he pocketed tens of millions of dollars following corrupt deals. This explosive book chronicles the grubby deals the powerbroker had been making for decades before he was exposed. His tentacles stretched through all levels of government, encircling almost every precious resource - coal leases, Circular Quay cafes, marinas, even the state's water. All of them were secret money-spinners for Obeid and his family.Above ground, below ground, in the air, on the water, there was no domain beyond Obeid's grasp. Now, many of the key politicians of his era have given a candid account of Obeid's pernicious backroom influence.Following their groundbreaking investigations, the award-winning journalists Kate McClymont and Linton Besser have unearthed the vast but secret empire Obeid built over the decades, producing an authoritative account of how he got away with so much for so long.
Protecting the President: An Inside Account of the Troubled Secret Service in an Era of Evolving Threats
Daniel Bongino - 2017
Facing threats from fence jumpers and manifesto writers, and from fanatical terrorists and sophisticated spies, protecting the president is harder than ever. In an age of hyper-partisan politics, emotions are high and crazies are a dime a dozen. On top of that, with international tensions reaching a boiling point, it’s harder than ever to determine friend from foe. Yet the President of the United States is in very real danger if the Secret Service doesn’t change course soon and evolve with the rapidly changing threat environment. Highly motivated “bad guys” are already working on technologically advanced methodologies and are constantly striving to formulate the logistics of an attack on the White House. Eventually terrorist planners will find a way to acquire the technology, weapons, explosives, and know-how to make an attempt on the life of the President. The only question is “What are we going to do about it?” Protecting the President provides not only a rare insider glimpse of what the Secret Service does, but explores the challenges facing the agents today. Chock-full of relevant stories of protecting past presidents, veteran agent Dan Bongino explains how the agency can best protect the president today. This book covers how the Secret Service should • plan for a tactical assault by a terrorist attack team • prepare to respond to a severe medical emergency train to handle a chemical or biological weapon attack • prepare for an attack using explosives • plan for 9-11 style attacks from the air and fire threats • and much more