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Why Socialism Works


Harrison Lievesley - 2017
    Please note this book only contains two words and is entirely satire.

Great Myths of the Great Depression


Lawrence W. Reed - 2009
    In this essay based on a popular lecture, Foundation for Economic Education President Lawrence W. Reed debunks this conventional view and traces the central role that poor government policy played in fostering this legendary catastrophe. Lawrence W. ("Larry") Reed became president of the Foundation for Economic Education (FEE) in 2008. Prior to becoming FEE's president, he served for twenty years as president of the Mackinac Center for Public Policy in Midland, Michigan. He also taught economics full-time from 1977 to 1984 at Northwood University in Michigan and chaired its Department of Economics from 1982 to 1984. A champion for liberty, Reed has authored over 1,000 newspaper columns and articles, dozens of articles in magazines and journals in the United States and abroad. The Foundation for Economic Education (FEE) is the premier source for understanding the humane values of a free society, and the economic, legal, and ethical principles that make it possible. At FEE, you’ll be connected with people worldwide who share those values and are inspired by the dynamic ideas of free association, free markets, and a diverse civil society. Explore freedom’s limitless possibilities through seminars, classroom resources, social media, and daily content at FEE.org. Learn how your creativity and initiative can result in a prosperous and flourishing life for yourself and the global community. Whether you are just beginning to explore entrepreneurship, economics, or creating value for others or are mentoring others on their journeys, FEE has everything you need. FEE is supported by voluntary, tax-deductible contributions from individuals, foundations, and businesses who believe that it is vital to cultivate a deep appreciation in every generation for individual liberty, personal character, and a free economy. Supporters  receive a subscription to FEE's flagship magazine, the Freeman, also available at FEE.org.

California Crackup: How Reform Broke the Golden State and How We Can Fix It


Joe Mathews - 2010
    Incessant budget crises plus a government paralyzed by partisan gridlock have led to demands for reform, even a constitutional convention. But what, exactly, is wrong and how can we fix it? In California Crackup, Joe Mathews and Mark Paul provide clear and informed answers. Their fast-paced and often humorous narrative deftly exposes the constitutional origins of our current political and economic problems and furnishes a uniquely California fix: innovative solutions that allow Californians to debate their choices, settle on the best ones, hold elected officials accountable for results, and choose anew if something doesn’t work.

America's Report Card


John McNally - 2006
    John McNally tells the story of two unlucky people who forge an improbable yet possibly life-saving connection in a world overshadowed by the Patriot Act and No Child Left Behind -- a world in which hulking government bureaucracies and vast corporations join forces to numb the populace into apathy with various standardization and surveillance programs. But McNally sees hope in the daily experiences of his characters: sometimes, haphazardly, by going about their own very particular lives, people circumvent the official program and begin to actively claim lives of freedom and dignity. "America's Report Card" is an arresting and humane portrait of life taking place in the margins, outside the stunted imagination of government and media. As in his critically acclaimed novel "The Book of Ralph", McNally dazzles with characters like Jainey O'Sullivan -- a lonely, confused, purple-and-green-haired sometime truant, Jainey cares so little about high school that on her final standardized test, she writes an essay heaping scorn on the test administrators even as she asks her faceless reader for help. Charlie Wolf leads a fairy-tale graduate student life, with just enough money and clout to keep him in books, vodka, a threadbare apartment, and a beautiful, intellectual girlfriend. But the bohemian dream starts to crumble when Charlie takes a job scoring standardized tests and finds himself surrounded by people who are either plodding blindly along or caught up in wild conspiracy theories.When Charlie and Jainey stumble upon one another, they also stumble upon their own bravery and compassion. They try to protect each other from their habitual bad luck and the shadowy threats lurking at the edges of their lives, and what ensues doesn't follow any prescribed course.The official version of American life today may get the broad strokes and primary colors right, but "America's Report Card" reveals how the government and the media overlook the corners and shadows where our individual realities unfold all too often in chaotic, precarious, and bewildering ways. This wholly original, wildly entertaining novel mirrors our part in the dark but frequently redemptive comedy that is life.

The Contest of the Century: The New Era of Competition with China--and How America Can Win


Geoff Dyer - 2014
    The structure of global politics is shifting rapidly. After decades of rising, China has entered a new and critical phase where it seeks to turn its economic heft into global power. In this deeply informed book, Geoff Dyer makes a lucid and convincing argument that China and the United States are now embarking on a great power–style competition that will dominate the century. This contest will take place in every arena: from control of the seas, where China’s new navy is trying to ease the United States out of Asia and reassert its traditional leadership, to rewriting the rules of the global economy, with attempts to turn the renminbi into the predominant international currency, toppling the dominance of the U.S. dollar. And by investing billions to send its media groups overseas, Beijing hopes to shift the global debate about democracy and individual rights. Eyeing the high ground of international politics, China is taking the first steps in an ambitious global agenda. Yet Dyer explains how China will struggle to unseat the United States. China’s new ambitions are provoking intense anxiety, especially in Asia, while America’s global influence has deep roots. If Washington can adjust to a world in which it is no longer dominant but still immensely powerful, it can withstand China’s challenge. With keen insight based on a deep local knowledge—offering the reader visions of coastal Chinese beauty pageants and secret submarine bases, lockstep Beijing military parades and the neon media screens of Xinhua exported to New York City’s Times Square—The Contest of the Century is essential reading at a time of great uncertainty about America’s future, a road map for retaining a central role in the world.

Freedom From Fear: Part 1: The American People in the Great Depression: American People in the Great Depression Pt.1 (Oxford History of the United States)


David M. Kennedy - 1973
    In this first installment of his Pulitzer Prize-winning Freedom from Fear, Kennedy tells how America endured, and eventually prevailed, in the face of that unprecedented calamity. Kennedy vividly demonstrates that the economic crisis of the 1930s was more than a reaction to the excesses of the 1920s. For more than a century before the Crash, America's unbridled industrial revolution had gyrated through repeated boom and bust cycles, consuming capital and inflicting misery on city and countryside alike. Nor was the alleged prosperity of the 1920s as uniformly shared as legend portrays. Countless Americans eked out threadbare lives on the margins of national life. Roosevelt's New Deal wrenched opportunity from the trauma of the 1930s and created a lasting legacy of economic and social reform, but it was afflicted with shortcomings and contradictions as well. With an even hand Kennedy details the New Deal's problems and defeats, as well as its achievements. He also sheds fresh light on its incandescent but enigmatic author, Franklin D. Roosevelt. Marshalling unforgettable narratives that feature prominent leaders as well as lesser-known citizens, The American People in the Great Depression tells the story of a resilient nation finding courage in an unrelenting storm.

All the Devils are Here: The Hidden History of the Financial Crisis


Bethany McLean - 2010
    Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.Among the devils you'll meet in vivid detail:• Angelo Mozilo, the CEO of Countrywide, who dreamed of spreading homeownership to the masses, only to succumb to the peer pressure-and the outsized profits-of the sleaziest subprime lending.• Roland Arnall, a respected philanthropist and diplomat, who made his fortune building Ameriquest, a subprime lending empire that relied on blatantly deceptive lending practices.• Hank Greenberg, who built AIG into a Rube Goldberg contraption with an undeserved triple-A rating, and who ran it so tightly that he was the only one who knew where all the bodies were buried.• Stan O'Neal of Merrill Lynch, aloof and suspicious, who suffered from "Goldman envy" and drove a proud old firm into the ground by promoting cronies and pushing out his smartest lieutenants.• Lloyd Blankfein, who helped turn Goldman Sachs from a culture that famously put clients first to one that made clients secondary to its own bottom line.• Franklin Raines of Fannie Mae, who (like his predecessors) bullied regulators into submission and let his firm drift away from its original, noble mission.• Brian Clarkson of Moody's, who aggressively pushed to increase his rating agency's market share and stock price, at the cost of its integrity.• Alan Greenspan, the legendary maestro of the Federal Reserve, who ignored the evidence of a growing housing bubble and turned a blind eye to the lending practices that ultimately brought down Wall Street-and inflicted enormous pain on the country.Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the meltdown and its consequences.

Reset: How This Crisis Can Restore Our Values and Renew America


Kurt Andersen - 2009
    “But it isn’t the end of the world.” In this smart and refreshingly hopeful book, Andersen–a brilliant analyst and synthesizer of historical and cultural trends, as well as a bestselling novelist and host of public radio’s Studio 360–shows us why the current economic crisis is actually a moment of great opportunity to get ourselves and our nation back on track.Historically, America has always shifted between wild, exuberant speculation and steady, sober hard work, as well as back and forth between economic booms and busts, and between right and left politically. This is one of the rare moments when all these cycles shift dramatically and simultaneously–a moment when complacency ends, ossified structures loosen up, and enormous positive change is possible. The shock to the system can enable each of us to rethink certain habits and focus more on the things that make us authentically happy. The present flux can enable us as a society to consolidate the enormous gains of the last several decades in areas such as technology, crime prevention, women’s and civil rights, and the democratization of the planet. We can reap the fruits of a revival of realism and pragmatism at home and abroad. As we enter a new era of post-party-line common sense, we can start to reinvent hopelessly broken systems–in health care, education, climate change, and more–and rediscover some of the old-fashioned American values of which we’ve lost sight.In Reset, Andersen explains how we’ve done it before and why we are about to do it again–and better than ever.

Understanding the Black Economy and Black Money in India: An Enquiry into Causes, Consequences & Remedies


Arun Kumar - 2017
    It has crippled the country’s economy for a long time to come. In this book, Arun Kumar, the country’s leading authority on the black economy, tells us why Modi’s gambit failed. He shows us the way in which the problem can be rooted out, provided the government has the political will and determination to act.Today, the black economy is estimated to be 62 per cent of GDP—or about `93 lakh crore ($1.4 trillion). Corrupt businessmen, corrupt politicians, and corrupt members of the executive (bureaucrats, police and the judiciary) are responsible for controlling the black economy and enabling its growth. If the black economy were to be dismantled and turned into a part of the ‘white’ economy, the country’s rate of growth would be 12 per cent. If it had not grown the way it has since the 1970s, India’s per capita income today would be approximately `7 lakh per annum ($11,000) and India would become the second largest economy in the world. If the black economy were taxed at current rates, it would generate `37 lakh crore in additional taxes and the union budget would show a surplus of `31 lakh crore instead of a deficit.The failure of successive governments to tackle the problem effectively has been the single biggest obstacle to eradicating poverty. It is the cause of both widespread policy failure and the inability of the nation to improve its living conditions rapidly.

Planet Ponzi


Mitch Feierstein - 2012
    Mitch Feierstein reveals the true debts of Britain, the US government and the eurozone - the full picture, not the figures the politicians would have us believe.In Planet Ponzi, Feierstein explains clearly the background to the world's worst financial crisis for seventy years, predicts the next steps in this infinitely dangerous game and offers practical advice on measures which you personally can take to protect yourself and your family.

LBJ's 1968: Power, Politics, and the Presidency in America's Year of Upheaval


Kyle Longley - 2018
    In the United States, perhaps no one was more undone by the events of 1968 than President Lyndon Baines Johnson. Kyle Longley leads his readers on a behind-the-scenes tour of what Johnson characterized as the 'year of a continuous nightmare'. Longley explores how LBJ perceived the most significant events of 1968, including the Vietnam War, the assassinations of Martin Luther King, Jr and Robert Kennedy, and the violent Democratic National Convention in Chicago. His responses to the crises were sometimes effective but often tragic, and LBJ's refusal to seek re-election underscores his recognition of the challenges facing the country in 1968. As much a biography of a single year as it is of LBJ, LBJ's 1968 vividly captures the tumult that dominated the headlines on a local and global level.

Theodore Roosevelt on Leadership: Executive Lessons from the Bully Pulpit


James Strock - 2003
    Thrown headfirst into the presidency by the assassination of his predecessor, he led with courage, character, and vision in the face of overwhelming challenges, whether busting corporate trusts or building the Panama Canal. Roosevelt has been a hero to millions of Americans for over a century and is a splendid model to help you master today's turbulent marketplace and be a hero and a leader in your own organization.

Good for the Money: My Fight to Pay Back America


Robert Benmosche - 2016
    It was the peg upon which the nation hung its ire and resentment during the financial crisis: the pinnacle of Wall Street arrogance and greed. When Bob Benmosche climbed aboard as CEO, it was widely assumed that he would go down with his ship. In mere months, he turned things around, pulling AIG from the brink of financial collapse and restoring its profitability. Before three years were up, AIG had fully repaid its staggering debt to the U.S. government - with interest.Good for the Money is an unyielding leader's memoir of a career spent fixing companies through thoughtful, unconventional strategy. With his brash, no-holds-barred approach to the job, Benmosche restored AIG's employee morale and good name. His is a story of perseverance, told with refreshing irreverence in unpretentious terms.Called "an American hero" by Andrew Ross Sorkin, author of Too Big to Fail, Benmosche was a self-made man who never forgot what life is like for the nation's 99-percent; again and again, he pushed back against obstinate colleagues to salvage American jobs and industry. Good for the Money affords you a front-row seat for Benmosche's heated battles with major players from Geithner to Obama to Cuomo, and offers incomparable lessons in leadership from the legendary CEO who changed the way Wall Street does business.

Palm Beach, Mar-a-Lago, and the Rise of America's Xanadu


Les Standiford - 2019
    Trusting his remarkable instincts, within less than a year he had built the Royal Poinciana Hotel, and two years later what was to become the legendary Breakers--instantly establishing the island as the preferred destination for those who could afford it. Over the next 125 years, Palm Beach has become synonymous with exclusivity--especially its most famous residence, "Mar-a-Lago." As Les Standiford relates, "the high walls of Mar-a-Lago and other manses like it were seemingly designed to contain scandal within as much as keep intruders out."With the authority and narrative prose style that has gained Standiford's work widespread acclaim, Palm Beach, Mar-a-Lago, and the Rise of America's Xanadu tells the history of this fabled landscape intertwined with the colorful lives of its famous protagonists. Flagler's own marriages to Ida Alice Shourds and Mary Lily Kenan perhaps initiated the dramas to come. While sewing machine heir Paris Singer and architect Addison Mizner created the "Mediterranean look" of Palm Beach in the 1910s, inspiring the building of such modern day palaces as Eva and Ed Stotesbury's "El Mirasol," the centerpiece of Palm Beach became the fever dream of Marjorie Merriweather Post and her equally wealthy husband E. F. Hutton, for whom Ziegfeld Follies designer Joseph Urban built "Mar-a-Lago" in 1927. Marjorie "ruled" social Palm Beach through two other marriages and for years on her own until her death in 1973. The fate of her mansion threatened to tear apart the very fabric of the town until Donald Trump acquired it in 1985.Les Standiford brings alive a fabled place and the characters--the rich, famous and infamous alike--who have been drawn inexorably to it.

The Wal-Mart Effect: How the World's Most Powerful Company Really Works - and How It's Transforming the American Economy


Charles Fishman - 2006
    But no book until this one has managed to penetrate its wall of silence or go beyond the usual polemics to analyze its actual effects on its customers, workers, and suppliers. Drawing on unprecedented interviews with former Wal-Mart executives and a wealth of staggering data (e.g., Americans spend $36 million an hour at Wal-Mart stores, and in 2004 its growth alone was bigger than the total revenue of 469 of the Fortune 500), The Wal-Mart Effect is an intimate look at a business that is dramatically reshaping our lives.