The Great Reversal: How America Gave Up on Free Markets


Thomas Philippon - 2019
    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.

The American West: A New Interpretive History


Robert V. Hine - 2000
    Hine and John Mack Faragher, present the American West as both frontier and region, real and imagined, old and new, and they show how men and women of all ethnic groups were affected when different cultures met and clashed. Their concise and engaging survey of frontier history traces the story from the first Columbian contacts between Indians and Europeans to the multicultural encounters of the modern Southwest.The book attunes us to the voices of the frontier’s many diverse peoples: Indians, struggling to defend their homelands and searching for a way to live with colonialism; the men and women who became immigrants and colonists from all over the world; African Americans, both slave and free; and borderland migrants from Mexico, Canada, and Asian lands. Profusely illustrated with contemporary drawings, posters, and photographs and written in lively and accessible prose, the book not only presents a panoramic view of historical events and characters but also provides fascinating details about such topics as western landscapes, environmental movements, literature, visual arts, and film.Following in the tradition of Hine’s earlier acclaimed work, The American West: An Interpretive History, this volume will be an essential resource for scholars, students, and general readers.

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.

Errand into the Wilderness


Perry Miller - 1956
    Miller's lifelong purpose to answer: What was the underlying aim of the first colonists in coming to America? In what light did they see themselves? As men and women undertaking a mission that was its own cause and justification? Or did they consider themselves errand boys for a higher power which might, as is frequently the habit of authority, change its mind about the importance of their job before they had completed it?These questions are by no means frivolous. They go to the roots of seventeenth-century thought and of the ever-widening and quickening flow of events since then. Disguised from twentieth-century readers first by the New Testament language and thought of the Puritans and later by the complacent transcendentalist belief in the oversoul, the related problems of purpose and reason-for-being have been central to the American experience from the very beginning. Mr. Miller makes this abundantly clear and real, and in doing so allows the reader to conclude that, whatever else America might have become, it could never have developed into a society that took itself for granted.The title, Errand into the Wilderness, is taken from the title of a Massachusetts election sermon of 1670. Like so many jeremiads of its time, this sermon appeared to be addressed to the sinful and unregenerate whom God was about to destroy. But the original speaker's underlying concern was with the fateful ambiguity in the word errand. Whose errand?This crucial uncertainty of the age is the starting point of Mr. Miller's engrossing account of what happened to the European mind when, in spite of itself, it began to become something other than European. For the second generation in America discovered that their heroic parents had, in fact, been sent on a fool's errand, the bitterest kind of all; that the dream of a model society to be built in purity by the elect in the new continent was now a dream that meant nothing more to Europe. The emigrants were on their own. Thus left alone with America, who were they? And what were they to do?In this book, as in all his work, the author of The New England Mind: The Seventeenth Century; The New England Mind: From Colony to Province, and The Transcendentalists, emphasizes the need for understanding the human sources from which the American mainstream has risen. In this integrated series of brilliant and witty essays which he describes as "pieces," Perry Miller invites and stimulates in the reader a new conception of his own inheritance.

Capital in the Twenty-First Century


Thomas Piketty - 2013
    But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.

Common Sense, The Rights of Man and Other Essential Writings


Thomas Paine - 1776
    This volume also includes " The Crisis ," " The Age of Reason ," and " Agrarian Justice ."

The Triumph of Conservatism: A Reinterpretation of American History, 1900–1916


Gabriel Kolko - 1977
    A radically new interpretation of the Progressive Era which argues that business leaders, and not the reformers, inspired the era’s legislation regarding business.

Dictators Without Borders: Power and Money in Central Asia


Alexander Cooley - 2017
    But are they? This hard-hitting book argues that Central Asia is in reality a globalization leader with extensive involvement in economics, politics and security dynamics beyond its borders. Yet Central Asia’s international activities are mostly hidden from view, with disturbing implications for world security.   Based on years of research and involvement in the region, Alexander Cooley and John Heathershaw reveal how business networks, elite bank accounts, overseas courts, third-party brokers, and Western lawyers connect Central Asia’s supposedly isolated leaders with global power centers. The authors also uncover widespread Western participation in money laundering, bribery, foreign lobbying by autocratic governments, and the exploiting of legal loopholes within Central Asia. Riveting and important, this book exposes the global connections of a troubled region that must no longer be ignored.

Practical Anarchy


Stefan Molyneux - 2008
    How a stateless society will function. By Stefan Molyneux MA, of Freedomain Radio, the largest and most popular philosophy show on the web.

Pre-Industrial Societies: Anatomy of the Pre-Modern World


Patricia Crone - 1989
    In a lucid exploration of the characteristics shared by these societies, the author examines such key elements as economic organization, politics, culture, and the role of religion. An essential introductory text for all students of history, Pre-Industrial Societies provides readers with all the necessary tools for gaining a substantial understanding of life in pre-modern times. In addition, as a perceptive insight into a lost world, italso acts as a starting point for anyone interested in the present possibilities and future challenges faced by our own global society.

Thieves of State: Why Corruption Threatens Global Security


Sarah Chayes - 2015
    Every day a new blaze seems to ignite: the bloody implosion of Iraq and Syria; the East-West standoff in Ukraine; abducted schoolgirls in Nigeria. Is there some thread tying these frightening international security crises together? In a riveting account that weaves history with fast-moving reportage and insider accounts from the Afghanistan war, Sarah Chayes identifies the unexpected link: corruption.Since the late 1990s, corruption has reached such an extent that some governments resemble glorified criminal gangs, bent solely on their own enrichment. These kleptocrats drive indignant populations to extremes—ranging from revolution to militant puritanical religion. Chayes plunges readers into some of the most venal environments on earth and examines what emerges: Afghans returning to the Taliban, Egyptians overthrowing the Mubarak government (but also redesigning Al-Qaeda), and Nigerians embracing both radical evangelical Christianity and the Islamist terror group Boko Haram. In many such places, rigid moral codes are put forth as an antidote to the collapse of public integrity.The pattern, moreover, pervades history. Through deep archival research, Chayes reveals that canonical political thinkers such as John Locke and Machiavelli, as well as the great medieval Islamic statesman Nizam al-Mulk, all named corruption as a threat to the realm. In a thrilling argument connecting the Protestant Reformation to the Arab Spring, Thieves of State presents a powerful new way to understand global extremism. And it makes a compelling case that we must confront corruption, for it is a cause—not a result—of global instability.

Why Government Doesn't Work: How Reducing Government Will Bring Us Safer Cities, Better Schools, Lower Taxes, More Freedom, and Prosperity for All


Harry Browne - 1995
    And he demonstrates how much better off we'd be by making government much smaller. Most important, he provides a realistic blueprint for getting from where we are now to a small government and a freer, more prosperous society.

The Cousins' Wars: Religion, Politics, and the Triumph of Anglo-America


Kevin Phillips - 1998
    These wars between cousins functioned as crucial anvils on which various religious, ethnic, and political alliances were hammered out between the English-speaking cousin-nations, setting them on a unique two-track path toward world leadership - one aristocratic and aloof to dominate the imperial nineteenth century and the other more egalitarian and democratic to take over in the twentieth century. They also functioned as unfortunate and deadly cultural crucibles for African Americans, Native Americans, and the Irish. Phillips's analysis shows exactly how these conflicts are inextricably linked and how they seeded each other. He offers often surprising interpretations that cut across the political spectrum - for instance, that the Constitution of the United States, while brilliant in many respects, was also a fatally flawed political compromise that contributed mightily in setting the stage for the final - and the bloodiest - cousins' war: the American Civil War. With the new millennium upon us and triggering widespread assessment of our nation's place in world history, The Cousins' Wars provides just the kind of magisterial sweep and revisionist spark to ignite widespread interest and debate. This grand religious, military, and political epic is the multi-dimensional story of the triumph of Anglo-America.

Lincoln: A Life of Purpose and Power


Richard J. Carwardine - 2003
    But the story of his rise to greatness is as complex as it is compelling. In this superb biography, the highly regarded Oxford University historian Richard Carwardine examines Lincoln both in his dramatic political journey and in his nation-shaping White House years. Through his groundbreaking research, Carwardine probes the sources of Lincoln’s moral and political philosophy. We see how, while pursuing office, Lincoln drew strength from public opinion and the machinery of his party. We see him, as a wartime president, recognizing the limits as well as the possibilities of power, and the necessity of looking for support beyond his own administration. We see how he turned to the churches, to their humanitarian agencies, and to the volunteer Union Army for allies in his struggle to end slavery.In illuminating the political talents that went hand in hand with large and serious moral purpose, Carwardine gives us a fresh, important portrait of the incomparable Abraham Lincoln.

Constitutional Chaos: What Happens When the Government Breaks Its Own Laws


Andrew P. Napolitano - 2004
    In this sensational book, Napolitano sets the record straight, speaking frankly from his own experiences and investigation about how government agencies will often arrest without warrant, spy without legal authority, imprison without charge, and kill without cause.