Book picks similar to
Gold, Dollars, and Power: The Politics of International Monetary Relations, 1958-1971 by Francis J. Gavin
history
cold-war
economics
economic-history
Eisenhower in War and Peace
Jean Edward Smith - 2012
Louis Post-Dispatch
In his magisterial bestseller FDR, Jean Edward Smith gave us a fresh, modern look at one of the most indelible figures in American history. Now this peerless biographer returns with a new life of Dwight D. Eisenhower that is as full, rich, and revealing as anything ever written about America’s thirty-fourth president. As America searches for new heroes to lead it out of its present-day predicaments, Jean Edward Smith’s achievement lies in reintroducing us to a hero from the past whose virtues have become clouded in the mists of history. Here is Eisenhower the young dreamer, charting a course from Abilene, Kansas, to West Point, to Paris under Pershing, and beyond. Drawing on a wealth of untapped primary sources, Smith provides new insight into Ike’s maddening apprenticeship under Douglas MacArthur in Washington and the Philippines. Then the whole panorama of World War II unfolds, with Eisenhower’s superlative generalship forging the Allied path to victory through multiple reversals of fortune in North Africa and Italy, culminating in the triumphant invasion of Normandy. Smith also gives us an intriguing examination of Ike’s finances, details his wartime affair with Kay Summersby, and reveals the inside story of the 1952 Republican convention that catapulted him to the White House.Smith’s chronicle of Eisenhower’s presidential years is as compelling as it is comprehensive. Derided by his detractors as a somnambulant caretaker, Eisenhower emerges in Smith’s perceptive retelling as both a canny politician and a skillful, decisive leader. Smith convincingly portrays an Eisenhower who engineered an end to America’s three-year no-win war in Korea, resisted calls for preventative wars against the Soviet Union and China, and boldly deployed the Seventh Fleet to protect Formosa from invasion. This Eisenhower, Smith shows us, stared down Khrushchev over Berlin and forced the withdrawal of British, French, and Israeli forces from the Suez Canal. He managed not only to keep the peace—after Ike made peace in Korea, not one American soldier was killed in action during his tenure—but also to enhance America’s prestige in the Middle East and throughout the world.Domestically, Eisenhower reduced defense spending, balanced the budget, constructed the interstate highway system, and provided social security coverage for millions who were self-employed. Ike believed that traditional American values encompassed change and progress.Unmatched in insight, Eisenhower in War and Peace at last gives us an Eisenhower for our time—and for the ages.Praise for Eisenhower in War and Peace
“[A] fine new biography . . . [Eisenhower’s] White House years need a more thorough exploration than many previous biographers have given them. Smith, whose long, distinguished career includes superb one-volume biographies of Grant and Franklin Roosevelt, provides just that.”—The Washington Post “Highly readable . . . [Smith] shows us that [Eisenhower’s] ascent to the highest levels of the military establishment had much more to do with his easy mastery of politics than with any great strategic or tactical achievements.”—The Wall Street Journal “Always engrossing . . . Smith portrays a genuinely admirable Eisenhower: smart, congenial, unpretentious, and no ideologue. Despite competing biographies from Ambrose, Perret, and D’Este, this is the best.”—Publishers Weekly (starred review)
Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America
Matt Taibbi - 2010
The stunning rise, fall, and rescue of Wall Street in the bubble-and-bailout era was the coming-out party for the network of looters who sit at the nexus of American political and economic power. The grifter class—made up of the largest players in the financial industry and the politicians who do their bidding—has been growing in power for a generation, transferring wealth upward through increasingly complex financial mechanisms and political maneuvers. The crisis was only one terrifying manifestation of how they’ve hijacked America’s political and economic life.Rolling Stone’s Matt Taibbi here unravels the whole fiendish story, digging beyond the headlines to get into the deeper roots and wider implications of the rise of the grifters. He traces the movement’s origins to the cult of Ayn Rand and her most influential—and possibly weirdest—acolyte, Alan Greenspan, and offers fresh reporting on the backroom deals that decided the winners and losers in the government bailouts. He uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world, and he shows how finance dominates politics, from the story of investment bankers auctioning off America’s infrastructure to an inside account of the high-stakes battle for health-care reform—a battle the true reformers lost. Finally, he tells the story of Goldman Sachs, the “vampire squid wrapped around the face of humanity.” Taibbi has combined deep sources, trailblazing reportage, and provocative analysis to create the most lucid, emotionally galvanizing, and scathingly funny account yet written of the ongoing political and financial crisis in America. This is essential reading for anyone who wants to understand the labyrinthine inner workings of politics and finance in this country, and the profound consequences for us all.
Masters of Enterprise: Giants of American Business from John Jacob Astor and J.P. Morgan to Bill Gates and Oprah Winfrey
H.W. Brands - 1999
Each generation has produced one or two phenomenally successful leaders, often in new industries that caught contemporaries by surprise, and each of these new fortunes reconfirmed the power of fanatically single-minded visionaries. John Jacob Astor and Cornelius Vanderbilt were the first American moguls; John D. Rockefeller, Andrew Carnegie, and J. P. Morgan were kingpins of the Gilded Age; David Sarnoff, Walt Disney, Ray Kroc, and Sam Walton were masters of mass culture. Today Oprah Winfrey, Andy Grove, and Bill Gates are giants of the Information Age. America has again and again been the land of dizzying mountains of wealth. Here, in a wittily told and deeply insightful history, is a complete set of portraits of America's greatest generators of wealth. Only such a collective study allows us to appreciate what makes the great entrepreneurs really tick. As H. W. Brands shows, these men and women are driven, they are focused, they deeply identify with the businesses they create, and they possess the charisma necessary to persuade other talented people to join them. They do it partly for the money, but mostly for the thrill of creation.The stories told here -- including how Nike got its start as a business-school project for Phil Knight; how Robert Woodruff almost refused to take control of Coca-Cola to spite his father; how Thomas Watson saved himself from prison by rescuing Dayton, Ohio, from a flood; how Jay Gould nearly cornered the gold market; how H. L. Hunt went from gambling at cards to gambling with oilleases -- make for a narrative that is always lively and revealing and often astonishing. An observer in 1850, studying John Jacob Astor, would not have predicted the rise of Henry Ford and the auto industry. Nor would a student of Ford in 1950 have anticipated the takeoff of direct marketing that made Mary Kay Ash a trusted guide for millions of American women. Full of surprising insights, written with H. W. Brands's trademark flair, the stories in "Masters of Enterprise" are must reading for all students of American business history.
The Cold War's Killing Fields: Rethinking the Long Peace
Paul Thomas Chamberlin - 2018
For half a century, as an uneasy peace hung over Europe, ferocious proxy wars raged in the Cold War’s killing fields, resulting in more than fourteen million dead—victims who remain largely forgotten and all but lost to history.A superb work of scholarship illustrated with four maps, The Cold War’s Killing Fields is the first global military history of this superpower conflict and the first full accounting of its devastating impact. More than previous armed conflicts, the wars of the post-1945 era ravaged civilians across vast stretches of territory, from Korea and Vietnam to Bangladesh and Afghanistan to Iraq and Lebanon. Chamberlin provides an understanding of this sweeping history from the ground up and offers a moving portrait of human suffering, capturing the voices of those who experienced the brutal warfare.Chamberlin reframes this era in global history and explores in detail the numerous battles fought to prevent nuclear war, bolster the strategic hegemony of the U.S. and the U.S.S.R., and determine the fate of societies throughout the Third World.
The Twilight War: The Secret History of America's Thirty-Year Conflict with Iran
David Crist - 2012
It is a conflict that has never been acknowledged and a story that has never been told.This surreptitious war began with the Iranian revolution and simmers today inside Iraq and in the Persian Gulf. Fights rage in the shadows, between the CIA and its network of spies and Iran's intelligence agency. Battles are fought at sea with Iranians in small speedboats attacking Western oil tankers. This conflict has frustrated five American presidents, divided administrations, and repeatedly threatened to bring the two nations into open warfare. It is a story of shocking miscalculations, bitter debates, hidden casualties, boldness, and betrayal.A senior historian for the federal government with unparalleled access to senior officials and key documents of several U.S. administrations, Crist has spent more than ten years researching and writing The Twilight War, and he breaks new ground on virtually every page. Crist describes the series of secret negotiations between Iran and the United States after 9/11, culminating in Iran's proposal for a grand bargain for peace-which the Bush administration turned down. He documents the clandestine counterattack Iran launched after America's 2003 invasion of Iraq, in which thousands of soldiers disguised as reporters, tourists, pilgrims, and aid workers toiled to change the government in Baghdad and undercut American attempts to pacify the Iraqi insurgency. And he reveals in vivid detail for the first time a number of important stories of military and intelligence operations by both sides, both successes and failures, and their typically unexpected consequences.Much has changed in the world since 1979, but Iran and America remain each other's biggest national security nightmares. "The Iran problem" is a razor-sharp briar patch that has claimed its sixth presidential victim in Barack Obama and his administration. The Twilight War adds vital new depth to our understanding of this acute dilemma it is also a thrillingly engrossing read, animated by a healthy irony about human failings in the fog of not-quite war.
The Curse of Bigness: Antitrust in the New Gilded Age
Tim Wu - 2018
But concern over what Louis Brandeis called the "curse of bigness" can no longer remain the province of specialist lawyers and economists, for it has spilled over into policy and politics, even threatening democracy itself. History suggests that tolerance of inequality and failing to control excessive corporate power may prompt the rise of populism, nationalism, extremist politicians, and fascist regimes. In short, as Wu warns, we are in grave danger of repeating the signature errors of the twentieth century.In The Curse of Bigness, Columbia professor Tim Wu tells of how figures like Brandeis and Theodore Roosevelt first confronted the democratic threats posed by the great trusts of the Gilded Age--but the lessons of the Progressive Era were forgotten in the last 40 years. He calls for recovering the lost tenets of the trustbusting age as part of a broader revival of American progressive ideas as we confront the fallout of persistent and extreme economic inequality.
The Rise and Fall of the Great Powers: Economic Change and Military Conflict from 1500 to 2000
Paul Kennedy - 1987
When a scholar as careful and learned as Mr. Kennedy is prompted by contemporary issues to reexamine the great processes of the past, the result can only be an enhancement of our historical understanding.... When the study is written as simply and attractively as this work is, its publication may have a great and beneficient impact. It is to be hoped that Mr. Kennedy's will have one, at a potentially decisive moment in America's history."Michael Howard, The New York Times Book Review"Important, learned, and lucid... Paul Kennedy's great achievement is that he makes us see our current international problems against a background of empires that have gone under because they were unaible to sustain the material cost of greatness; and he does so in a universal historical perspective of which Ranke would surely have approved."James Joll, The New York Review of Books"His strategic-economic approach provides him with the context for a shapely narrative....Professor Kennedy not only exploits his framework eloquently, he also makes use of it to dig deeper and explore the historical contexts in which some 'power centers' prospered....But the most commanding purpose of his project...is the lesson he draws from 15 centuries of statecraft to apply to the present scene....[The book's] final section is for everyone concerned with the contemporary political scene."Christopher Lehmann-Haupt, The New York Times"Kennedy gives epic meaning to the nation's relative economic and industrial decline."
Newsweek
The Robber Barons
Matthew Josephson - 1934
Rockefeller, J. P. Morgan, Cornelius Vanderbilt, Andrew Carnegie, E. H. Harriman, Jay Gould, Henry Clay Frick . . . their names carry a powerful historical ring, still echoing today in the countless institutions that are part of their legacy, from universities to museums to banks. But who were the people behind the legends, and how did they rise to their positions of vast wealth and influence in the latter half of the nineteenth century? The Robber Barons is a classic work on the financiers and industrialists of the Gilded Age, who shaped their own era as well as the future of the United States—“not a mere series of biographies but a genuine history” (The New York Times Book Review).
Robber Barons: The Lives and Careers of John D. Rockefeller, J.P. Morgan, Andrew Carnegie, and Cornelius Vanderbilt
Charles River Editors - 2016
Men like Andrew Carnegie built empires like Carnegie Steel, and financiers like J.P. Morgan merged and consolidated them. The era also made names like Astor, Cooke, and Vanderbilt instantly recognizable across the globe. Over time, the unfathomable wealth generated by the businesses made the individuals on top incredibly rich, and that in turn led to immense criticism and an infamous epithet used to rail against them: robber barons. Dozens of men were called “robber barons”, but few of them were as notorious as Cornelius Vanderbilt, who also happened to be one of the nation’s first business titans. Vanderbilt was a railroad and shipping magnate at a time that the industry was almost brand new, but he rode his success to become one of the richest and most powerful men in American history. When historians are asked to name the richest man in history, a name that often pops up is that of John D. Rockefeller, who co-founded Standard Oil and turned it into the first real trust in the United States. Rockefeller had been groomed ambitiously by a huckster father nicknamed “Devil Bill”, who was just as willing to cheat his son as an unsuspecting public, and John certainly chased his dreams of living long and large. Rockefeller forged his empire in the first few decades of his life and nearly worked himself to death by the time he was 50, which helped compel him to retire for the last several decades of his life. At one point, Rockefeller’s wealth was worth more than 1.5% of the entire country’s gross domestic product, and by adjusting for inflation, he is arguably the richest man in American history if not world history. When robber barons across America took the reins of vast industries, they needed financing, and many of them turned to the most famous banker of all: John Pierpont Morgan. It was J.P. Morgan who bankrolled the consolidation of behemoth corporations across various industries, including the merging of Edison General Electric and Thomson-Houston Electric Company, which subsequently became General Electric, still known simply as GE across the world today. Similarly, he financed Federal Steel Company and consolidated various other steel businesses to help form the United States Steel Corporation. While critics complained about the outsized influence that these gigantic businesses had, Morgan’s massive wealth also gave him unprecedented power in the financial sector and the ability to deal with politicians. In fact, Morgan played an important part in the Panic of 1907 and the subsequent decision to create the Federal Reserve as a monetary oversight. Ironically, one of America’s most famous robber barons, Andrew Carnegie, epitomized the American Dream, migrating with his poor family to America in the mid-19th century and rising to the top of the business world in his adopted country. A prodigious writer in addition to his keen sense of business, Carnegie was one of the most outspoken champions of capitalism at a time when there was pushback among lower social classes who witnessed the great disparities in wealth; as he once put it, “Upon the sacredness of property civilization itself depends—the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
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.
Reaganland: America's Right Turn 1976-1980
Rick Perlstein - 2020
After chronicling America’s transformation from a center-left to center-right nation for two decades, Rick Perlstein now focuses on the tumultuous life of President Ronald Reagan from 1976–1980. Within the book’s four-year time frame, Perlstein touches on themes of confluence as he discusses the four stories that define American politics up to the age of Trump. There is the rise of a newly aggressive corporate America diligently organizing to turn back the liberal tide: powerful unions, environmentalism, and unprecedentedly suffusing regulation. There is the movement of political mobilized conservative Christians, organizing to reverse the cultural institutionalization of the 1960s insurgencies. Third, there is the war for the Democratic Party, transformed under Jimmy Carter as a vehicle promoting “austerity” and “sacrifice”—a turn that spurs a counter-reaction from liberal forces who go to war with Carter to return the party to its populist New Deal patrimony. And finally, there is the ascendency of Ronald Reagan, considered washed up after his 1976 defeat for the Republican nomination and too old to run for president in any event, who nonetheless dramatically emerges as the heroic embodiment of America’s longing to transcend the 1970s dark storms—from Love Canal to Jonestown, John Wayne Gacy to the hostages in Iran. Hailed as “the chronicler extraordinaire of American conservatism” (Politico), Perlstein explores the complex years of Ronald Reagan’s presidency offering new and timely insights to issues that still remain relevant today.
The End of the Cold War: 1985-1991
Robert Service - 2015
Under the long, forbidding shadow of the Cold War, even the smallest miscalculation from either side could result in catastrophe. Everything changed in March 1985, when Mikhail Gorbachev became the leader of the Soviet Union. Just four years later, the Cold War and the arms competition was over. The USSR and the US had peacefully and abruptly achieved an astonishing political settlement. But it was not preordained that a global crisis of unprecedented scale could and would be averted peaceably. Drawing on new archival research, Robert Service's gripping new investigation of the final years of the Cold War--the first to give equal attention to the internal deliberations from both sides of the Iron Curtain--opens a window onto the dramatic years that would irrevocably alter the world's geopolitical landscape, and the men at their fore.
Sherman: A Soldier's Life
Lee B. Kennett - 2001
Others are often summed up in a few words: the stubborn, taciturn Grant; the gentlemanly, gifted Lee; the stomping, cursing Sheridan; and the flamboyant, boyish Stuart. But the enigmatic Sherman still manages to elude us. Probably no other figure of his day divides historians so deeply-leading some to praise him as a genius, others to condemn him as a savage.Now, in Sherman, Lee Kennett offers a brilliant new interpretation of the general's life and career, one that embraces his erratic, contradictory nature. Here we see the making of a true soldier, beginning with a colorful view of Sherman's rich family tradition, his formative years at West Point, and the critical period leading up to the Civil War, during which Sherman served in the small frustrated peacetime army and saw service in the South and California, and in the Mexican War Trying to advance himself, Sherman resigned from the army and he soon began to distinguish hiniself as a general known for his tenacity, vision, and mercurial temper. Throughout the spirited Battles of Bull Run and Shiloh, the siege of Vicksburg, and ultimately the famous march to the sea through Georgia, no one displayed the same intensity as did Sherman.From the heights of success to the depths of his own depression, Sherman managed to forge on after the war with barely a moment of slowing down. Born to fight, he was also born to lead and to provoke, traits he showed by serving as commanding general of the army, cutting a wide swath through the western frontier, and finally writing his classic -- and highly controversial -- memoirs. Eventually Sherman would die famous, well-to-do, and revered -- but also deeply misunderstood.By drawing on previously unexploited materials and maintaining a sharp, lively narrative, Lee Kennett presents a rich, authoritative portrait of Sherman, the man and the soldier, who emerges from this work more human and more fascinating than ever before.
The Visible Hand: The Managerial Revolution in American Business
Alfred D. Chandler Jr. - 1977
Alfred Chandler, Jr., the distinguished business historian, sets forth the reasons for the dominance of big business in American transportation, communications, and the central sectors of production and distribution.The managerial revolution, presented here with force and conviction, is the story of how the visible hand of management replaced what Adam Smith called the "invisible hand" of market forces. Chandler shows that the fundamental shift toward managers running large enterprises exerted a far greater influence in determining size and concentration in American industry than other factors so often cited as critical: the quality of entrepreneurship, the availability of capital, or public policy.
Legacy of Ashes: The History of the CIA
Tim Weiner - 2007
Its mission was to know the world. When it did not succeed, it set out to change the world. Its failures have handed us, in the words of President Eisenhower, “a legacy of ashes.”Now Pulitzer Prize–winning author Tim Weiner offers the first definitive history of the CIA—and everything is on the record. LEGACY OF ASHES is based on more than 50,000 documents, primarily from the archives of the CIA itself, and hundreds of interviews with CIA veterans, including ten Directors of Central Intelligence. It takes the CIA from its creation after World War II, through its battles in the cold war and the war on terror, to its near-collapse after September 11th, 2001.Tim Weiner’s past work on the CIA and American intelligence was hailed as “impressively reported” and “immensely entertaining” in The New York Times.The Wall Street Journal called it “truly extraordinary . . . the best book ever written on a case of espionage.” Here is the hidden history of the CIA: why eleven presidents and three generations of CIA officers have been unable to understand the world; why nearly every CIA director has left the agency in worse shape than he found it; and how these failures have profoundly jeopardized our national security.