In this, he succeeds magnificently. Globalizing Capital will become a classic."--Douglas Irwin, University of ChicagoThe importance of the international monetary system is clearly evident in daily news stories about fluctuating currencies and in dramatic events such as the recent reversals in the Mexican economy. It has become increasingly apparent that one cannot understand the international economy without knowing how its monetary system operates. Now Barry Eichengreen presents a brief, lucid book that tells the story of the international financial system over the past 150 years. Globalizing Capital is intended not only for economists but also for a general audience of historians, political scientists, professionals in government and business, and anyone with a broad interest in international economic and political relations. Eichengreen's work demonstrates that insights into the international monetary system and effective principles for governing it can result only if it is seen a historical phenomenon extending from the gold standard period to interwar instability, then to Bretton Woods, and finally to the post-1973 period of fluctuating currencies.Eichengreen analyzes the shift from pegged to floating exchange rates in the 1970s and ascribes that change to the growing capital mobility that has made pegged rates difficult to maintain. However, he shows that capital mobility was also high prior to World War I, yet this did not prevent the maintenance of fixed exchange rates. What was critical for the successful maintenance of fixed exchange rates during that period was the fact that governmentswere relatively insulated from democratic politics and thus from pressure to trade off exchange rate stability for other goals, such as the reduction of unemployment. Today pegging exchange rates would require very radical reforms of a sort that governments are understandably reluctant to embrace. The implication seems undeniable: floating rates are here to stay.

    In a sweeping collection that ranges from Muslim military triumphs a thousand years ago through the turning of the tide between East and West to the brutal unconventional struggles of today and tomorrow, former Military Intelligence officer Peters extends his successful series of books on strategy and security affairs that have won him diehard fans for his insight, firsthand experience, and frankness.Endless War engages the toughest security issues of our time, including: - Does our Afghan war make sense? Can we win? Do we even have a strategy?- Has flawed military planning left our troops as virtual hostages in combat zones?- Can Israel survive? What would an Iranian nuclear arsenal mean for the world?- Is Islam a "religion of peace," or has the war between Islam and Western civilization continued virtually without interruption for almost fourteen centuries?- Why doesn't the greatest superpower in history win more often? Are we our own worst enemies?- Have we lost our sense of warfare's reality? Why don't we fight to win?- Do terrorist prisoners really deserve better treatment than American citizens?- What's the true price of striking serious history courses from our schools?- Who does deeper damage to the United States, our violent enemies or an arrogant ruling elite?In powerful prose combining clarity with passion, Ralph Peters continues to shape our country's military and strategic thought, while standing up for our troops and American values. No book on strategy or foreign affairs this year will be fiercer or more brutally honest. As ever more dark clouds gather over the world, this is a voice we need!

    In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades. In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard. For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.

    The history of Wal-Mart uncovers a complex network that united Sun Belt entrepreneurs, evangelical employees, Christian business students, overseas missionaries, and free-market activists. Through the stories of people linked by the world’s largest corporation, Bethany Moreton shows how a Christian service ethos powered capitalism at home and abroad. While industrial America was built by and for the urban North, rural Southerners comprised much of the labor, management, and consumers in the postwar service sector that raised the Sun Belt to national influence. These newcomers to the economic stage put down the plough to take up the bar-code scanner without ever passing through the assembly line. Industrial culture had been urban, modernist, sometimes radical, often Catholic and Jewish, and self-consciously international. Post-industrial culture, in contrast, spoke of Jesus with a drawl and of unions with a sneer, sang about Momma and the flag, and preached salvation in this world and the next. This extraordinary biography of Wal-Mart’s world shows how a Christian pro-business movement grew from the bottom up as well as the top down, bolstering an economic vision that sanctifies corporate globalization. The author has assigned her royalties and subsidiary earnings to Interfaith Worker Justice (www.iwj.org) and its local affiliate in Athens, GA, the Economic Justice Coalition (www.econjustice.org). (20090316)

    The world is changing dramatically and in an age of Brexit and Trump, the themes of isolation and fragmentation permeating the western world stand in sharp contrast to events along the Silk Roads, where ties are being strengthened and mutual cooperation established.This prescient contemporary history provides a timely reminder that we live in a world that is profoundly interconnected. Following the Silk Roads eastwards from Europe through to China, by way of Russia and the Middle East, Peter Frankopan assesses the global reverberations of continual shifts in the centre of power – all too often absent from headlines in the west.The New Silk Roads asks us to re-examine who we are and where we stand in the world, illuminating the themes on which all our lives and livelihoods depend.The Silk Roads, a major reassessment of world history, has sold over 1 million copies worldwide.

    Although the core of the work discusses the location of research material and the research process itself, significant attention is paid to the topic of writing history once the sources are arrayed before you. Annotation c. Book News, Inc., Portland, OR

    There, the interaction of power and space is dramatically different from what occurred in Europe. In his groundbreaking book, Jeffrey Herbst places the African state-building process in a truly comparative perspective, examining the problem of state consolidation from the precolonial period, through the short but intense interlude of European colonialism, to the modern era of independent states. Herbst's bold contention--that the conditions now facing African state-builders existed long before European penetration of the continent--is sure to provoke controversy, for it runs counter to the prevailing assumption that colonialism changed everything.In identifying how the African state-building process differs from the European experience, Herbst addresses the fundamental problem confronting African leaders: how to extend authority over sparsely settled lands. Indeed, efforts to exert control over vast, inhospitable territories of low population density and varied environmental and geographical zones have resulted in devastating wars, millions of refugees, and dysfunctional governments perpetrating destructive policies.Detailing the precise political calculations of distinct African leaders, Herbst isolates the basic dynamics of African state development. In analyzing how these leaders have attempted to consolidate power, he is able to evaluate a variety of policy alternatives for dealing with the fundamental political challenges facing African states today.

    How did that happen? What caused the cold war in the first place, and why did it last as long as it did?The distinguished historian Melvyn P. Leffler homes in on four crucial episodes when American and Soviet leaders considered modulating, avoiding, or ending hostilities and asks why they failed: Stalin and Truman devising new policies after 1945; Malenkov and Eisenhower exploring the chance for peace after Stalin’s death in 1953; Kennedy, Khrushchev, and LBJ trying to reduce tensions after the Cuban Missile Crisis of 1962; and Brezhnev and Carter aiming to sustain détente after the Helsinki Conference of 1975. All these leaders glimpsed possibilities for peace, yet they allowed ideologies, political pressures, the expectations of allies and clients, the dynamics of the international system, and their own fearful memories to trap them in a cycle of hostility that seemed to have no end.Leffler’s important book illuminates how Reagan, Bush, and, above all, Gorbachev finally extricated themselves from the policies and mind-sets that had imprisoned their predecessors, and were able to reconfigure Soviet-American relations after decades of confrontation.

    He was 47 years old. During his time on the ground he kept a diary. Humorous, authentic and sad, it is a warts and all account of infantry soldiering in a hot and dangerous place. This is his storty.

    military conducted on President’s Kennedy’s body on the night of November 22, 1963. Hornberger’s new book, The Kennedy Autopsy 2, expands on his earlier work. In this new book, you will learn: The important role that Lyndon Johnson played in the U.S. military’s fraudulent autopsy on the president’s body. The significance of various meetings at the National Archives prior to the 1968 presidential race, where autopsy pathologists signed false affidavits relating to the inventory of autopsy photographs. An alternative explanation as to why Johnson suddenly decided to drop out of the 1968 presidential race. How and why Lee Harvey Oswald escaped the U.S. government’s Cold War anticommunist crusade. And much more.

    It ranged such distinguished contributors as Maurice Dobb, Paul Sweezy, Kohachiro Takahashi and Christopher Hill against each other in a common, critical discussion. Verso has now published the complete texts of the original debate, to which subsequent discussion has returned again and again, together with significant new materials produced by historians since then.These include articles on the same themes by such French and Italian historians as Georges Lefebvre and Giuliano Procacci. What was the role of trade in the Dark Ages? How did feudal rents evolve during the Middle Ages? Where should the economic origins of mediaeval towns be sought? Why did serfdom eventually disappear in Western Europe? What was the exact relationship between city and countryside in the transition from feudalism to capitalism? How should the importance of overseas expansion be assessed for the 'primitive accumulation of capital' in Europe? When should the first bourgeois revolutions be dated, and which social classes participated in them? All these, and many other vital questions for every student of mediaeval and modern history, are widely and freely explored.Finally, for the new Verso edition, Rodney Hilton, author of Bond Men Made Free, has written a special introductory essay, reconsidering and summarising relevant scholarship in the two decades since the publication of the original discussion. The result is a book that will be essential for history courses, and fascinating for the general reader.

    Known today as Tell Abu Shahrain or in the ancient world as Eridu, this site contains some of best examples of the Ubaid culture, and it was one of the first urban centers of civilization in southern Mesopotamia, if not the first itself. Many famous stories came from the mythical landscapes of Iraq’s deep south. In the literature of ancient Sumer, Eridu was regarded as the primordial city, the first urban center, believed to have existed long before the great mythical Flood that wiped out human culture in the Book of Genesis and other earlier traditions. It was to places like this that Western explorers first came in the 19th century, searching for the origins of the lands which the Bible described as the cradle of the human race. In doing so, they discovered that Eridu was also a real place. The astonishing site is located about 8 miles southwest of the Sumerian city of Ur, and when it was first excavated in the mid-19th century, Western archaeologists were confused as to how a city as large as this could have existed in such a vast and waterless desert. But Eridu is positioned on the edge of the great alluvial plain of Sumer, a wild and beautiful marshland where the Tigris and the Euphrates meet. This was the Biblical “Garden of Eden”, an ancient landscape that was renowned for its fertility in the past. To many Westerners, Iraq’s history and culture were a blank before 1991, but ironically, as war engulfed the region, it helped underscore the importance and influence of the area on Western civilization. It was here, in the ferocious landscape of south Iraq, old Sumer, that the first laws, science, and cities came into being. Eridu is a place of extraordinary significance for the study of the earliest stages of civilization in history, and it is one of the best examples of cultural continuity in Mesopotamia, from the earliest prehistoric stages in which settlements emerged to the later historic periods. Eridu had a special status, not as the residence of a ruling dynasty of kings but for its religious significance; a series of temples were built there, devoted to the patron god of the city, Enki. Each one was built upon the ruins of its predecessor, and each one represents the architectural, religious, and social changes that occurred at the site throughout its history. Eridu: The History and Legacy of the Oldest City in Ancient Mesopotamia examines the tumultuous history of one of the most important cities of antiquity. Along with pictures depicting important people, places, and events, you will learn about Eridu like never before.

    Paul reveals an intensely personal side as he reflects on growing up during World War II. The book also provides a powerful critique of the corruption and corrosion produced by a 20th century full of war and killing. Ever the optimist, however, Paul leaves behind the ashes of a 20th century of war to finish with a stirring, liberating view of the future we may choose if we turn from war and violence.

    Over the course of the next 47 years, the company's reach grew until almost all of India south of Delhi was effectively ruled from a boardroom in the city of London.

    With a focus on US policy, she probes how people, especially Mexican and Central Americans, have been assigned this status—and to what ends. Blending history with human drama, Chomsky explores what it means to be undocumented in a legal, social, economic, and historical context. The result is a powerful testament of the complex, contradictory, and ever-shifting nature of status in America.