The Economic Consequences of the Peace


John Maynard Keynes - 1919
    Quality assurance was conducted on each of these books in an attempt to remove books with imperfections introduced by the digitization process. Though we have made best efforts - the books may have occasional errors that do not impede the reading experience. We believe this work is culturally important and have elected to bring the book back into print as part of our continuing commitment to the preservation of printed works worldwide.

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.

Liberal Fascism: The Secret History of the American Left from Mussolini to the Politics of Meaning


Jonah Goldberg - 2007
    Calling someone a fascist is the fastest way to shut them up, defining their views as beyond the political pale. But who are the real fascists in our midst? Liberal Fascism offers a startling new perspective on the theories and practices that define fascist politics. Replacing conveniently manufactured myths with surprising and enlightening research, Jonah Goldberg reminds us that the original fascists were really on the left, and that liberals from Woodrow Wilson to FDR to Hillary Clinton have advocated policies and principles remarkably similar to those of Hitler's National Socialism and Mussolini's Fascism. Contrary to what most people think, the Nazis were ardent socialists (hence the term -National socialism-). They believed in free health care and guaranteed jobs. They confiscated inherited wealth and spent vast sums on public education. They purged the church from public policy, promoted a new form of pagan spirituality, and inserted the authority of the state into every nook and cranny of daily life. The Nazis declared war on smoking, supported abortion, euthanasia, and gun control. They loathed the free market, provided generous pensions for the elderly, and maintained a strict racial quota system in their universities--where campus speech codes were all the rage. The Nazis led the world in organic farming and alternative medicine. Hitler was a strict vegetarian, and Himmler was an animal rights activist. Do these striking parallels mean that today's liberals are genocidal maniacs, intent on conquering the world and imposing a new racial order? Not at all. Yet it is hard to deny that modern progressivism and classical fascism shared the same intellectual roots. We often forget, for example, that Mussolini and Hitler had many admirers in the United States. W.E.B. Du Bois was inspired by Hitler's Germany, and Irving Berlin praised Mussolini in song. Many fascist tenets were espoused by American progressives like John Dewey and Woodrow Wilson, and FDR incorporated fascist policies in the New Deal. Fascism was an international movement that appeared in different forms in different countries, depending on the vagaries of national culture and temperament. In Germany, fascism appeared as genocidal racist nationalism. In America, it took a -friendlier, - more liberal form. The modern heirs of this -friendly fascist- tradition include the New York Times, the Democratic Party, the Ivy League professoriate, and the liberals of Hollywood. The quintessential Liberal Fascist isn't an SS storm trooper; it is a female grade school teacher with an education degree from Brown or Swarthmore. These assertions may sound strange to modern ears, but that is because we have forgotten what fascism is. In this angry, funny, smart, contentious book, Jonah Goldberg turns our preconceptions inside out and shows us the true meaning of Liberal Fascism.

An Inquiry into the Nature and Causes of the Wealth of Nations


Adam Smith - 1776
    Written in clear and incisive prose, The Wealth of Nations articulates the concepts indispensable to an understanding of contemporary society; and Robert Reich's Introduction both clarifies Smith's analyses and illuminates his overall relevance to the world in which we live. As Reich writes, "Smith's mind ranged over issues as fresh and topical today as they were in the late eighteenth century--jobs, wages, politics, government, trade, education, business, and ethics."Introduction by Robert Reich - Commentary by R. H. Campbell and A. S. Skinner - Includes a Modern Library Reading Group Guide

First in Line: Presidents, Vice Presidents, and the Pursuit of Power


Kate Andersen Brower - 2018
    Of the forty-eight vice presidents who have served the United States, fourteen have become president; eight of these have risen to the Oval Office because of a president’s death or assassination, and one became president after his boss’s resignation. John Nance Garner, FDR’s first vice president, famously said the vice presidency is "not worth a bucket of warm piss" (later cleaned up to "warm spit"). But things have changed dramatically in recent years. In interviews with more than two hundred people, including former vice presidents, their family members, and insiders and confidants of every president since Jimmy Carter, Kate Andersen Brower pulls back the curtain and reveals the sometimes cold, sometimes close, and always complicated relationship between our modern presidents and their vice presidents.Brower took us inside the lives of the White House staff and gave us an intimate look at the modern First Ladies; now, in her signature style, she introduces us to the second most powerful men in the world, exploring the lives and roles of thirteen modern vice presidents—eight Republicans and five Democrats. And she shares surprising revelations about the relationship between former Vice President Joe Biden and former President Barack Obama and how Vice President Mike Pence and President Donald Trump interact behind closed doors.From rivals to coworkers, there is a very tangible sense of admiration mixed with jealousy and resentment in nearly all these relationships between the number two and his boss, even the best ones, Brower reveals. Vice presidents owe their position to the president, a connection that affects not only how they are perceived but also their possible future as a presidential candidate—which is tied, for better or worse, to the president they serve. George H. W. Bush and Ronald Reagan had a famously prickly relationship during the 1980 primary, yet Bush would not have been elected president in 1988 without Reagan’s high approval rating. Al Gore’s 2000 loss, meanwhile, could be attributed to the Monica Lewinsky sex scandal and Bill Clinton’s impeachment. Current Vice President Mike Pence is walking a high-stakes political tightrope as he tries to reassure anxious Republicans while staying on his boss’s good side.This rich dynamic between the president and the vice president has never been fully explored or understood. Compelling and deeply reported, grounded in history and politics, and full of previously untold and incredibly personal stories, First In Line pierces the veil of secrecy enveloping this historic political office to offer us a candid portrait of what it’s truly like to be a heartbeat away.

The Founding Fathers Reconsidered


R.B. Bernstein - 2009
    B. Bernstein reveals Washington, Franklin, Jefferson, Adams, Hamilton, and the other founders not as shining demigods but as imperfect human beings--people much like us--who nevertheless achieved political greatness. They emerge here as men who sought to transcend their intellectual world even as they were bound by its limits, men who strove to lead the new nation even as they had to defer to the great body of the people and learn with them the possibilities and limitations of politics. Bernstein deftly traces the dynamic forces that molded these men and their contemporaries as British colonists in North America and as intellectual citizens of the Atlantic civilization's Age of Enlightenment. He analyzes the American Revolution, the framing and adoption of state and federal constitutions, and the key concepts and problems--among them independence, federalism, equality, slavery, and the separation of church and state--that both shaped and circumscribed the founders' achievements as the United States sought its place in the world.

The Nine: Inside the Secret World of the Supreme Court


Jeffrey Toobin - 2007
    An institution at a moment of transition, the Court now stands at a crucial point, with major changes in store on such issues as abortion, civil rights, and church-state relations. Based on exclusive interviews with the justices and with a keen sense of the Court’s history and the trajectory of its future, Jeffrey Toobin creates in The Nine a riveting story of one of the most important forces in American life today.

Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street


Sheelah Kolhatkar - 2017
    Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions through speculation, by placing bets in the market that turned out to be right more often than wrong and for this, they gained not only extreme personal wealth but formidable influence throughout society. Hedge funds now oversee more than $3 trillion in assets, and the competition between them is so fierce that traders will do whatever they can to get an edge.Cohen was one of the industry's biggest success stories, the person everyone else in the business wanted to be. Born into a middle-class family on Long Island, he longed from an early age to be a star on Wall Street. He mastered poker in high school, went off to Wharton, and in 1992 launched the hedge fund SAC Capital, which he built into a $15 billion empire, almost entirely on the basis of his wizard like stock trading. He cultivated an air of mystery, reclusiveness, and excess, building a 35,000-square-foot mansion in Greenwich, Connecticut, flying to work by helicopter, and amassing one of the largest private art collections in the world. On Wall Street, Cohen was revered as a genius: one of the greatest traders who ever lived.That image was shattered when SAC Capital became the target of a sprawling, seven-year investigation, led by a determined group of FBI agents, prosecutors, and SEC enforcement attorneys. Labeled by prosecutors as a magnet for market cheaters whose culture encouraged the relentless pursuit of edge and even black edge, which is inside information SAC Capital was ultimately indicted and pleaded guilty to charges of securities and wire fraud in connection with a vast insider trading scheme, even as Cohen himself was never charged.Black Edge offers a revelatory look at the gray zone in which so much of Wall Street functions. It's a riveting, true-life legal thriller that takes readers inside the government's pursuit of Cohen and his employees, and raises urgent and troubling questions about the power and wealth of those who sit at the pinnacle of modern Wall Street.

Before the Storm: Barry Goldwater and the Unmaking of the American Consensus


Rick Perlstein - 2001
    At the heart of the story is Barry Goldwater, the renegade Republican from Arizona who loathed federal government, despised liberals, and mocked “peaceful coexistence” with the USSR. Perlstein's narrative shines a light on a whole world of conservatives and their antagonists, including William F. Buckley, Nelson Rockefeller, and Bill Moyers. Vividly written, Before the Storm is an essential book about the 1960s.

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.

George Washington's Sacred Fire


Peter A. Lillback - 2006
    Peter Lillback's research, revealing a unique icon driven by the highest of ideals. Only do George Washington's own writings, journals, letters, manuscripts, and those of his closest family and confidants reveal the truth of this awe-inspiring role model for all generations. Dr. Lillback paints a picture of a man, who, faced with unprecedented challenges and circumstances, ultimately drew upon his persistent qualities of character—honesty, justice, equity, perseverence, piety, forgiveness, humility, and servant leadership, to become one of the most revered figures in world history. George Washington set the cornerstone for what would become one of the most prosperous, free nations in the history of civilization. Through this book, Dr. Lillback, assisted by Jerry Newcombe, will reveal to the reader a newly inspirational image of General and President George Washington.

Barbarians at the Gate: The Fall of RJR Nabisco


Bryan Burrough - 1989
    An enduring masterpiece of investigative journalism by Bryan Burrough and John Helyar, it includes a new afterword by the authors that brings this remarkable story of greed and double-dealings up to date twenty years after the famed deal. The Los Angeles Times calls Barbarians at the Gate, “Superlative.” The Chicago Tribune raves, “It’s hard to imagine a better story...and it’s hard to imagine a better account.” And in an era of spectacular business crashes and federal bailouts, it still stands as a valuable cautionary tale that must be heeded.

Fears of a Setting Sun: The Disillusionment of America's Founders


Dennis C. Rasmussen - 2021
    Strikingly, the founders themselves were far less confident in what they had wrought, particularly by the end of their lives. In fact, most of them--including George Washington, Alexander Hamilton, John Adams, and Thomas Jefferson--came to deem America's constitutional experiment an utter failure that was unlikely to last beyond their own generation. Fears of a Setting Sun is the first book to tell the fascinating and too-little-known story of the founders' disillusionment.As Dennis Rasmussen shows, the founders' pessimism had a variety of sources: Washington lost his faith in America's political system above all because of the rise of partisanship, Hamilton because he felt that the federal government was too weak, Adams because he believed that the people lacked civic virtue, and Jefferson because of sectional divisions laid bare by the spread of slavery. The one major founder who retained his faith in America's constitutional order to the end was James Madison, and the book also explores why he remained relatively optimistic when so many of his compatriots did not. As much as Americans today may worry about their country's future, Rasmussen reveals, the founders faced even graver problems and harbored even deeper misgivings.A vividly written account of a chapter of American history that has received too little attention, Fears of a Setting Sun will change the way that you look at the American founding, the Constitution, and indeed the United States itself.

The Red and the Blue: The 1990s and the Birth of Political Tribalism


Steve Kornacki - 2018
    For Clinton, that meant contorting himself around the various factions of the Democratic party to win the presidency. Gingrich employed a scorched-earth strategy to upend the permanent Republican minority in the House, making him Speaker. The Clinton/Gingrich battles were bare-knuckled brawls that brought about massive policy shifts and high-stakes showdowns—their collisions had far-reaching political consequences. But the ’90s were not just about them.  Kornacki writes about Mario Cuomo’s stubborn presence around Clinton’s 1992 campaign; Hillary Clinton’s star turn during the 1998 midterms, seeding the idea for her own candidacy; Ross Perot’s wild run in 1992 that inspired him to launch the Reform Party, giving Donald Trump his first taste of electoral politics in 1999; and many others. With novelistic prose and a clear sense of history, Steve Kornacki masterfully weaves together the various elements of this rambunctious and hugely impactful era in American history, whose effects set the stage for our current political landscape.

Janesville: An American Story


Amy Goldstein - 2017
    Most observers record the immediate shock of vanished jobs, but few stay around long enough to notice what happens next, when a community with a can-do spirit tries to pick itself up.Pulitzer Prize winner Amy Goldstein has spent years immersed in Janesville, Wisconsin where the nation’s oldest operating General Motors plant shut down in the midst of the Great Recession, two days before Christmas of 2008. Now, with intelligence, sympathy, and insight into what connects and divides people in an era of economic upheaval, she makes one of America’s biggest political issues human. Her reporting takes the reader deep into the lives of autoworkers, educators, bankers, politicians, and job re-trainers to show why it’s so hard in the twenty-first century to recreate a healthy, prosperous working class. For this is not just a Janesville story or a Midwestern story. It’s an American story.