With some of the fastest speeds and lowest prices in the world for high-speed Internet access, the nation was poised to be the global leader in the new knowledge-based economy. Today that global competitive advantage has all but vanished because of a series of government decisions and resulting monopolies that have allowed dozens of countries, including Japan and South Korea, to pass us in both speed and price of broadband. This steady slide backward not only deprives consumers of vital services needed in a competitive employment and business market—it also threatens the economic future of the nation.This important book by leading telecommunications policy expert Susan Crawford explores why Americans are now paying much more but getting much less when it comes to high-speed Internet access. Using the 2011 merger between Comcast and NBC Universal as a lens, Crawford examines how we have created the biggest monopoly since the breakup of Standard Oil a century ago. In the clearest terms, this book explores how telecommunications monopolies have affected the daily lives of consumers and America's global economic standing.

    Analysing various case studies of innovation-led growth, it describes the opposite situation, whereby the private sector only becomes bold enough to invest after the courageous State has made the high-risk investments.The volume argues that in the history of modern capitalism, the State has generated economic activity that would not otherwise have happened, and has actively opened up new technologies and markets that private investors can later move into. Far from the often heard criticisms of the State potentially 'crowding out' private investments, the State makes them happen, shaping and creating markets, not only 'fixing' them. Ignoring this reality only serves ideological ends, and hurts effective policymaking.This book examines case studies ranging from the advent of the Internet to the emergence of the biotechnology and nanotechnology industries. In particular, the volume debunks the myth that Silicon Valley was created by entrepreneurial venture capital. A key chapter focuses on the State investments behind Apple's success, and reveals that every major technology behind the iPhone owes its source to public funds. Thus, while entrepreneurial individuals like Steve Jobs are needed, their success is nearly impossible without their ability to ride the wave of State investments. And if Europe wants its own Googles, it needs more State action, not less.Two forward-looking chapters focus on the emergence of the next big thing after the internet: the 'green revolution'. Both solar and wind technology are currently being led by State spending, whether through the US ARPA-E programme or the Chinese and Brazilian State investment banks. The discussion refreshingly moves beyond the usual division between proponents of austerity vs. the proponents of fiscal stimulus. It argues that State investments not only help kick-start growth during periods of recession, but that they also, even in boom periods, lead to productive investments in radical new technologies which later foster decades of growth.The book ends with a fundamental question: if the State is so important to investments in high-risk innovation, why does it capture so little direct return?

    One apartment had 37 rooms, 14 bathrooms, 43 closets, 11 working fireplaces, a private elevator, and his-and-hers saunas; another at one time had a live-in service staff of 16. To this day, it is steeped in the purest luxury, the kind most of us could only imagine, until now. The last great building to go up along New York’s Gold Coast, construction on 740 Park finished in 1930. Since then, 740 has been home to an ever-evolving cadre of our wealthiest and most powerful families, some of America’s (and the world’s) oldest money—the kind attached to names like Vanderbilt, Rockefeller, Bouvier, Chrysler, Niarchos, Houghton, and Harkness—and some whose names evoke the excesses of today’s monied elite: Kravis, Koch, Bronfman, Perelman, Steinberg, and Schwarzman. All along, the building has housed titans of industry, political power brokers, international royalty, fabulous scam-artists, and even the lowest scoundrels.The book begins with the tumultuous story of the building’s construction. Conceived in the bubbling financial, artistic, and social cauldron of 1920’s Manhattan, 740 Park rose to its dizzying heights as the stock market plunged in 1929—the building was in dire financial straits before the first apartments were sold. The builders include the architectural genius Rosario Candela, the scheming businessman James T. Lee (Jacqueline Kennedy Onassis’s grandfather), and a raft of financiers, many of whom were little more than white-collar crooks and grand-scale hustlers. Once finished, 740 became a magnet for the richest, oldest families in the country: the Brewsters, descendents of the leader of the Plymouth Colony; the socially-registered Bordens, Hoppins, Scovilles, Thornes, and Schermerhorns; and top executives of the Chase Bank, American Express, and U.S. Rubber. Outside the walls of 740 Park, these were the people shaping America culturally and economically. Within those walls, they were indulging in all of the Seven Deadly Sins. As the social climate evolved throughout the last century, so did 740 Park: after World War II, the building’s rulers eased their more restrictive policies and began allowing Jews (though not to this day African Americans) to reside within their hallowed walls. Nowadays, it is full to bursting with new money, people whose fortunes, though freshly-made, are large enough to buy their way in. At its core this book is a social history of the American rich, and how the locus of power and influence has shifted haltingly from old bloodlines to new money. But it’s also much more than that: filled with meaty, startling, often tragic stories of the people who lived behind 740’s walls, the book gives us an unprecedented access to worlds of wealth, privilege, and extraordinary folly that are usually hidden behind a scrim of money and influence. This is, truly, how the other half—or at least the other one hundredth of one percent—lives.

    Now, he adds, America has caught up with Europe on the great rush to self-destruction.It’s not just our looming financial collapse; it’s not just a culture that seems on a fast track to perdition, full of hapless, indulgent, childish people who think government has the answer for every problem; it’s not just America’s potential eclipse as a world power because of the drunken sailor policymaking in Washington—no, it’s all this and more that spells one word for America: Armageddon.What will a world without American leadership look like? It won’t be pretty—not for you and not for your children. America’s decline won’t be gradual, like an aging Europe sipping espresso at a café until extinction (and the odd Greek or Islamist riot). No, America’s decline will be a wrenching affair marked by violence and possibly secession.With his trademark wit, Steyn delivers the depressing news with raw and unblinking honesty—but also with the touch of vaudeville stand-up and soft shoe that makes him the most entertaining, yet profound, columnist on the planet. And as an immigrant with nowhere else to go, he offers his own prescription for winning America back from the feckless and arrogant liberal establishment that has done its level best to suffocate the world’s last best hope in a miasma of debt, decay, and debility. You will not read a more important—or more alarming, or even funnier—book all year than After America.

    His memoir will serve as a corrective - an engrossing, informative work of political nonfiction that is also a gripping real-life thriller. The biggest surprise twist comes in the form of Abramoff himself, a smart, funny, charming, clear-eyed narrator who confounds every expectation of the media's villainous portrait. He's a perfect bundle of contradictions: an Orthodox Jew and upstanding family man with a staunch moral streak, caught in multiple scandals of bribery and corruption with an undercurrent of murder. Abramoff represented Indian tribes whose lucrative casinos were constantly under threat from proposed changes in law; though he charged the tribes many millions, he saved them billions by ensuring votes to support the livelihoods of their reservations. Much of Jack's share was funneled not into his own coffers, but to charities. Abramoff on the front pages could not be further from the Jack Abramoff who's ready to tell his honest and compelling story.

    In Facts and Fears Clapper traces his career through his rise in ranks of the military, the history of several decades of national intelligence operations, the growing threat of cyberattacks, his relationships with presidents and Congress, and the truth about Russia's role in the presidential election. He describes, in the wake of Snowden and WikiLeaks, his efforts to make intelligence more transparent and to push back against the suspicion that Americans' private lives are subject to surveillance. Clapper considers such difficult questions as, is intelligence ethical? Is it moral to use human sources to learn secrets, to intercept communications, to take pictures of closed societies from orbit? What are the limits of what we should be allowed to do? What protections should we give to the private citizens of the world, not to mention our fellow Americans? Is there a time that intelligence officers can lose credibility as unbiased reporters of hard truths by asserting themselves into policy decisions?

    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

    Johnson’s Great Society and how its failures reverberate to this day.In Great Society, Amity Shlaes argues that just as Franklin Delano Roosevelt’s New Deal overshadowed a generation of forgotten men, Lyndon B. Johnson’s Great Society gave rise to a silent majority, a coterie of dispossessed citizens—made famous by Richard Nixon and celebrated by Donald Trump—who rejected what they saw as the federal government’s overreach. Drawing on her classic economic expertise and deep historical knowledge, Shlaes challenges the traditional narrative of 1960s America and Johnson’s experiment, recasting the story of the Great Society as a tale of hubris that remains consequential for America fifty years later.Contemporary Americans share many of the concerns that bedeviled Presidents Kennedy and Johnson and their voters. Racial differences, economic opportunity and outcomes, abuse of political power, and establishment corruption trouble us now just as these issues preoccupied the nation then. Yet today, poverty remains intractable and is actually growing, and the costs of programs such as Medicare and Medicaid are spiraling as the number of people claiming benefits grows. The question the Great Society tried to answer remains the same: how can we build a better future for all Americans? Shlaes contends that only an understanding of the historical record can make optimism—and practical solutions—possible.A deep analysis of the government policy that has shaped politics and society for fifty years, Great Society is an authoritative and well-reasoned reinterpretation of Johnson’s signature achievement and the momentous period in which it was conceived.

    Bush to victory. That was ironic, because Winchester, like countless American small towns, is fast becoming the bedrock of a permanent underclass. Two in five of the people in his old neighborhood do not have high school diplomas. Nearly everyone over fifty has serious health problems, and many have no health care. Credit ratings are low or nonexistent, and alcohol, overeating, and Jesus are the preferred avenues of escape.A raucous mix of storytelling and political commentary, Deer Hunting with Jesus is Bageant's report on what he learned by coming home. He writes of his childhood friends who work at factory jobs that are constantly on the verge of being outsourced; the mortgage and credit card rackets that saddle the working poor with debt, i.e., white trashonomics; the ubiquitous gun culture”and why the left doesn't get it; Scots Irish culture and how it played out in the young life of Lynddie England; and the blinkered magical thinking of the Christian right. (Bageant's brother is a Baptist pastor who casts out demons.) What it adds up to, he asserts, is an unacknowledged class war. By turns brutal, tender, incendiary, and seriously funny, this book is a call to arms for fellow progressives with little real understanding of the great beery, NASCAR-loving, church-going, gun-owning America that has never set foot in a Starbucks.Deer Hunting with Jesus is a potent antidote to what Bageant dubs the "American hologram" the televised, corporatized virtual reality that distracts us from the insidious realities of American life.

    In addition to multiple ground wars, it has pioneered drone strikes and industrial-scale digital surveillance, as well as detaining people indefinitely and torturing them. These conflicts have yielded neither peace nor victory, but they have transformed America. What began as the persecution of Muslims and immigrants has become a normalized, paranoid feature of American politics and security, expanding the possibilities for applying similar or worse measures against other targets at home. A politically divided country turned the War on Terror into a cultural and then tribal struggle, first on the ideological fringes and ultimately expanding to conquer the Republican Party, often with the timid acquiescence of the Democratic Party. Today's nativist resurgence walked through a door opened by the 9/11 era.Reign of Terror will show how these policies created a foundation for American authoritarianism and, though it is not a book about Donald Trump, it will provide a critical explanation of his rise to power and the sources of his political strength. It will show that Barack Obama squandered an opportunity to dismantle the War on Terror after killing Osama bin Laden. That mistake turns out to have been portentous. By the end of his tenure, the war metastasized into a broader and bitter culture struggle in search of a demagogue like Trump to lead it.A union of journalism and intellectual history, Reign of Terror will be a pathbreaking and definitive book with the power to transform how America understands its national security policies and their catastrophic impact on its civic life.

    Meanwhile, still-President Hoover, worried about FDR's abilities and afraid of the president-elect's policies, became the first comprehensive critic of the New Deal. Thus, even before FDR took office, both the principles of the welfare state, and reaction against it, had already taken form.Winter War reveals how, in the months before the hundred days, FDR and Hoover battled over ideas and shaped the divisive politics of the twentieth century.

    Waldman recounts the raucous public debate that has surrounded the amendment from its inception to the present. As the country spread to the Western frontier, violence spread too. But through it all, gun control was abundant. In the 20th century, with Prohibition and gangsterism, the first federal control laws were passed. In all four separate times the Supreme Court ruled against a constitutional right to own a gun.The present debate picked up in the 1970s—part of a backlash to the liberal 1960s and a resurgence of libertarianism. A newly radicalized NRA entered the campaign to oppose gun control and elevate the status of an obscure constitutional provision. In 2008, in a case that reached the Court after a focused drive by conservative lawyers, the US Supreme Court ruled for the first time that the Constitution protects an individual right to gun ownership. Famous for his theory of “originalism,” Justice Antonin Scalia twisted it in this instance to base his argument on contemporary conditions.In The Second Amendment: A Biography, Michael Waldman shows that our view of the amendment is set, at each stage, not by a pristine constitutional text, but by the push and pull, the rough and tumble of political advocacy and public agitation.

    . . . A tonic and eye-opener for anyone who wants a politics that works."-Jane Mansbridge, Adams Professor, John F. Kennedy School of Government, Harvard University"America Beyond Capitalism comes at a critical time in our history-when we all know our system isn't working but we are not sure what can be done about it. This book takes us outside the confines of orthodox thinking, imagines a new way of living together, and then brings that vision back into reality with a set of eminently practical ideas that promise a truly democratic society."-Howard Zinn, author of A People's History of the United States"Succeeds brilliantly in taking the Jeffersonian spirit into the last bastion of privilege in America, offering workable solutions for making the American economy one that is truly of, by, and for the people."-Jeremy Rifkin, author of The European Dream: How Europe's Vision of the Future Is Quietly Eclipsing the American Dream"The kind of careful, well-researched, and practical alternative progressives have been seeking. And it's more-visionary, hopeful, even inspirational. I highly recommend it."-Juliet Schor, author of The Overspent American: Why We Want What We Don't Need"A compelling and convincing story of the future."-William Greider, author of The Soul of Capitalism: Opening Paths to a Moral Economy

    By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth.Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately he reached his surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. Sector after economic sector is more concentrated than it was twenty years ago, dominated by fewer and bigger players who lobby politicians aggressively to protect and expand their profit margins. Across the country, this drives up prices while driving down investment, productivity, growth, and wages, resulting in more inequality. Meanwhile, Europe--long dismissed for competitive sclerosis and weak antitrust--is beating America at its own game.Philippon, one of the world's leading economists, did not expect these conclusions in the age of Silicon Valley start-ups and millennial millionaires. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow him as he works out the basic facts and consequences of industry concentration in the U.S. and Europe, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means for free trade, technology, and innovation. For the sake of ordinary Americans, he concludes, government needs to return to what it once did best: keeping the playing field level for competition. It's time to make American markets great--and free--again.

    Our economy is sluggish, and leaves workers insecure. Income inequality, cultural divisions, and political polarization increasingly pull us apart. Our governing institutions often seem paralyzed. And our politics has failed to rise to these challenges. No wonder, then, that Americans -- and the politicians who represent them -- are overwhelmingly nostalgic for a better time. The Left looks back to the middle of the twentieth century, when unions were strong, large public programs promised to solve pressing social problems, and the movements for racial integration and sexual equality were advancing. The Right looks back to the Reagan Era, when deregulation and lower taxes spurred the economy, cultural traditionalism seemed resurgent, and America was confident and optimistic. Each side thinks returning to its golden age could solve America's problems. In The Fractured Republic, Yuval Levin argues that this politics of nostalgia is failing twenty-first-century Americans. Both parties are blind to how America has changed over the past half century -- as the large, consolidated institutions that once dominated our economy, politics, and culture have fragmented and become smaller, more diverse, and personalized. Individualism, dynamism, and liberalization have come at the cost of dwindling solidarity, cohesion, and social order. This has left us with more choices in every realm of life but less security, stability, and national unity. Both our strengths and our weaknesses are therefore consequences of these changes. And the dysfunctions of our fragmented national life will need to be answered by the strengths of our decentralized, diverse, dynamic nation. Levin argues that this calls for a modernizing politics that avoids both radical individualism and a centralizing statism and instead revives the middle layers of society -- families and communities, schools and churches, charities and associations, local governments and markets. Through them, we can achieve not a single solution to the problems of our age, but multiple and tailored answers fitted to the daunting range of challenges we face and suited to enable an American revival.