Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community." Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.

    But in the aftermath of the assassination in Sarajevo, the powers of Europe were sliding inexorably toward war, and not even the Middle East could escape the vast and enduring consequences of one of the most destructive conflicts in human history. The Great War spelled the end of the Ottomans, unleashing powerful forces that would forever change the face of the Middle East.In The Fall of the Ottomans, award-winning historian Eugene Rogan brings the First World War and its immediate aftermath in the Middle East to vivid life, uncovering the often ignored story of the region's crucial role in the conflict. Bolstered by German money, arms, and military advisors, the Ottomans took on the Russian, British, and French forces, and tried to provoke Jihad against the Allies in their Muslim colonies. Unlike the static killing fields of the Western Front, the war in the Middle East was fast-moving and unpredictable, with the Turks inflicting decisive defeats on the Entente in Gallipoli, Mesopotamia, and Gaza before the tide of battle turned in the Allies' favor. The great cities of Baghdad, Jerusalem, and, finally, Damascus fell to invading armies before the Ottomans agreed to an armistice in 1918.The postwar settlement led to the partition of Ottoman lands between the victorious powers, and laid the groundwork for the ongoing conflicts that continue to plague the modern Arab world. A sweeping narrative of battles and political intrigue from Gallipoli to Arabia, The Fall of the Ottomans is essential reading for anyone seeking to understand the Great War and the making of the modern Middle East.

    Bush. As Niall Ferguson writes, “If you think America’s entanglement in the Middle East began with Roosevelt and Truman, Michael Oren’s deeply researched and brilliantly written history will be a revelation to you, as it was to me. With its cast of fascinating characters—earnest missionaries, maverick converts, wide-eyed tourists, and even a nineteenth-century George Bush—Power, Faith, and Fantasy is not only a terrific read, it is also proof that you don’t really understand an issue until you know its history.”

    Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America.Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.

    From stone-age assassins to the orbiting cathedrals of the space age, from bloodthirsty god-kings to India’s first vegetarian emperor, discover the secret history of our species—and the evolutionary logic that governed it all.

    Through observation, anecdote, extensive interviews, and analysis Karen Elliot House navigates the maze in which Saudi citizens find themselves trapped and reveals the mysterious nation that is the world’s largest exporter of oil, critical to global stability, and a source of Islamic terrorists. In her probing and sharp-eyed portrait, we see Saudi Arabia, one of the last absolute monarchies in the world, considered to be the final bulwark against revolution in the region, as threatened by multiple fissures and forces, its levers of power controlled by a handful of elderly Al Saud princes with an average age of 77 years and an extended family of some 7,000 princes. Yet at least 60 percent of the increasingly restive population they rule is under the age of 20. The author writes that oil-rich Saudi Arabia has become a rundown welfare state. The public pays no taxes; gets free education and health care; and receives subsidized water, electricity, and energy (a gallon of gasoline is cheaper in the Kingdom than a bottle of water), with its petrodollars buying less and less loyalty. House makes clear that the royal family also uses Islam’s requirement of obedience to Allah—and by extension to earthly rulers—to perpetuate Al Saud rule. Behind the Saudi facade of order and obedience, today’s Saudi youth, frustrated by social conformity, are reaching out to one another and to a wider world beyond their cloistered country. Some 50 percent of Saudi youth is on the Internet; 5.1 million Saudis are on Facebook. To write this book, the author interviewed most of the key members of the very private royal family. She writes about King Abdullah’s modest efforts to relax some of the kingdom’s most oppressive social restrictions; women are now allowed to acquire photo ID cards, finally giving them an identity independent from their male guardians, and are newly able to register their own businesses but are still forbidden to drive and are barred from most jobs. With extraordinary access to Saudis—from key religious leaders and dissident imams to women at university and impoverished widows, from government officials and political dissidents to young successful Saudis and those who chose the path of terrorism—House argues that most Saudis do not want democracy but seek change nevertheless; they want a government that provides basic services without subjecting citizens to the indignity of begging princes for handouts; a government less corrupt and more transparent in how it spends hundreds of billions of annual oil revenue; a kingdom ruled by law, not royal whim. In House’s assessment of Saudi Arabia’s future, she compares the country today to the Soviet Union before Mikhail Gorbachev arrived with reform policies that proved too little too late after decades of stagnation under one aged and infirm Soviet leader after another. She discusses what the next generation of royal princes might bring and the choices the kingdom faces: continued economic and social stultification with growing risk of instability, or an opening of society to individual initiative and enterprise with the risk that this, too, undermines the Al Saud hold on power. A riveting book—informed, authoritative, illuminating—about a country that could well be on the brink, and an in-depth examination of what all this portends for Saudi Arabia’s future, and for our own.

    Here he examines the ultimate battle in that centuries-long war, which found Europe at its most vulnerable and Islam on the attack. This drama was propelled by two astonishing young sovereigns: Holy Roman Emperor Charles V and Turkish sultan Suleyman the Magnificent. Though they represented two colliding worlds, they were remarkably similar. Each was a poet and cultured cosmopolitan; each was the most powerful man on his continent; each was called "Defender of the Faith"; and each faced strident religious rebellion in his domain. Charles was beset by the "heresy" of Martin Luther and his fervid adherents, even while tensions between him and the pope threatened to boil over, and the upstart French king Francis I harried Charles's realm by land and sea. Suleyman was hardly more comfortable on his throne. He had earned his crown by avoiding the grim Ottoman tradition of royal fratricide. Shiites in the East were fighting off the Sunni Turks' cruel repression of their "heresy." The ferocity and skill of Suleyman's Janissaries had expanded the Ottoman Empire to its greatest extent ever, but these slave soldiers became rebellious when foreign wars did not engage them. With Europe newly hobbled and the Turks suffused with restless vigor, the stage was set for a drama that unfolded from Hungary to Rhodes and ultimately to Vienna itself, which both sides thought the Turks could win. If that happened, it was generally agreed that Europe would become Muslim as far west as the Rhine. During these same years, Europe was roiled by constant internal tumult that saw, among other spectacles, the Diet of Worms, the Sack of Rome, and an actual wrestling match between the English and French monarchs in which Henry VIII's pride was badly hurt. Would-could-this fractious continent be united to repulse a fearsome enemy?

    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.

    It begins in a.d. 285, when the emperor Diocletian separated what became Byzantium from the western Roman Empire, and ends in 1461, when the last Byzantine outposts fell to the Ottoman Turks.Spanning twelve centuries and three continents, the Byzantine Empire linked the ancient and modern worlds, shaping and transmitting Greek, Roman, and Christian traditionsthat remain vigorous today, not only in Eastern Europe and the Middle East but throughout Western civilization. Though in its politics Byzantium often resembled a third-world dictatorship, it has never yet been matched in maintaining a single state for so long, over a wide area inhabited by heterogeneous peoples.Drawing on a wealth of original sources and modern works, the author treats political and social developments as a single vivid story, told partly in detailed narrative and partly in essays that clarify long-term changes. He avoids stereotypes and rejects such old and new historical orthodoxies as the persistent weakness of the Byzantine economy and the pervasive importance of holy men in Late Antiquity.Without neglecting underlying social, cultural, and economic trends, the author shows the often crucial impact of nearly a hundred Byzantine emperors and empresses. What the emperor or empress did, or did not do, could rapidly confront ordinary Byzantines with economic ruin, new religious doctrines, or conquest by a foreign power. Much attention is paid to the complex life of the court and bureaucracy that has given us the adjective "byzantine." The major personalities include such famous names as Constantine, Justinian, Theodora, and Heraclius, along with lesser-known figures like Constans II, Irene, Basil II the Bulgar-Slayer, and Michael VIII Palaeologus.Byzantine civilization emerges as durable, creative, and realistic, overcoming repeated setbacks to remain prosperous almost to the end. With 221 illustrations and 18 maps that complement the text, A History of the Byzantine State and Society should long remain the standard history of Byzantium not just for students and scholars but for all readers.

    Thomas Barfield introduces readers to the bewildering diversity of tribal and ethnicgroups in Afghanistan, explaining what unites them as Afghans despite the regional, cultural, and political differences that divide them. He shows how governing these peoples was relatively easy when power was concentrated in a small dynastic elite, but how this delicate political order broke downin the nineteenth and twentieth centuries when Afghanistan's rulers mobilized rural militias to expel first the British and later the Soviets. Armed insurgency proved remarkably successful against the foreign occupiers, but it also undermined the Afghan government's authority and rendered thecountry ever more difficult to govern as time passed. Barfield vividly describes how Afghanistan's armed factions plunged the country into a civil war, giving rise to clerical rule by the Taliban and Afghanistan's isolation from the world. He examines why the American invasion in the wake ofSeptember 11 toppled the Taliban so quickly, and how this easy victory lulled the United States into falsely believing that a viable state could be built just as easily. Afghanistan is essential reading for anyone who wants to understand how a land conquered and ruled by foreign dynasties for morethan a thousand years became the graveyard of empires for the British and Soviets, and what the United States must do to avoid a similar fate.

    Carbon Democracy tells a more complex story, arguing that no nation escapes the political consequences of our collective dependence on oil. It shapes the body politic both in regions such as the Middle East, which rely upon revenues from oil production, and in the places that have the greatest demand for energy.Timothy Mitchell begins with the history of coal power to tell a radical new story about the rise of democracy. Coal was a source of energy so open to disruption that oligarchies in the West became vulnerable for the first time to mass demands for democracy. In the mid-twentieth century, however, the development of cheap and abundant energy from oil, most notably from the Middle East, offered a means to reduce this vulnerability to democratic pressures. The abundance of oil made it possible for the first time in history to reorganize political life around the management of something now called “the economy” and the promise of its infinite growth. The politics of the West became dependent on an undemocratic Middle East.In the twenty-first century, the oil-based forms of modern democratic politics have become unsustainable. Foreign intervention and military rule are faltering in the Middle East, while governments everywhere appear incapable of addressing the crises that threaten to end the age of carbon democracy—the disappearance of cheap energy and the carbon-fuelled collapse of the ecological order.In making the production of energy the central force shaping the democratic age, Carbon Democracy rethinks the history of energy, the politics of nature, the theory of democracy, and the place of the Middle East in our common world.

    It will surpass China in population by 2032 and will have more English speakers than the United States by 2050. In In Spite of the Gods, Edward Luce, a journalist who covered India for many years, makes brilliant sense of India and its rise to global power. Already a number-one bestseller in India, his book is sure to be acknowledged for years as the definitive introduction to modern India. In Spite of the Gods illuminates a land of many contradictions. The booming tech sector we read so much about in the West, Luce points out, employs no more than one million of India’s 1.1 billion people. Only 35 million people, in fact, have formal enough jobs to pay taxes, while three-quarters of the country lives in extreme deprivation in India’s 600,000 villages. Yet amid all these extremes exists the world’s largest experiment in representative democracy—and a largely successful one, despite bureaucracies riddled with horrifying corruption. Luce shows that India is an economic rival to the U.S. in an entirely different sense than China is. There is nothing in India like the manufacturing capacity of China, despite the huge potential labor force. An inept system of public education leaves most Indians illiterate and unskilled. Yet at the other extreme, the middle class produces ten times as many engineering students a year as the United States. Notwithstanding its future as a major competitor in a globalized economy, American. leaders have been encouraging India’s rise, even welcoming it into the nuclear energy club, hoping to balance China’s influence in Asia. Above all, In Spite of the Gods is an enlightening study of the forces shaping India as it tries to balance the stubborn traditions of the past with an unevenly modernizing present. Deeply informed by scholarship and history, leavened by humor and rich in anecdote, it shows that India has huge opportunities as well as tremendous challenges that make the future “hers to lose.”

    Based on groundbreaking research and numerous interviews, Rashid explains the roots of fundamentalist rage in Central Asia, describes the goals and activities of its militant organizations, including Osama bin Laden's al-Qaeda, and suggests ways of neutralizing the threat and bringing stability to the troubled region. A timely and pertinent work, Jihad is essential reading for anyone who seeks to gain a better understanding of a region we overlook at our peril.

    But, in the great texts of that discourse, these writers downplayed a crucial requirement for capitalism’s creation: For it to succeed, peasants would have to abandon their self-sufficient lifestyle and go to work for wages in a factory. Why would they willingly do this? Clearly, they did not go willingly. As Michael Perelman shows, they were forced into the factories with the active support of the same economists who were making theoretical claims for capitalism as a self-correcting mechanism that thrived without needing government intervention. Directly contradicting the laissez-faire principles they claimed to espouse, these men advocated government policies that deprived the peasantry of the means for self-provision in order to coerce these small farmers into wage labor. To show how Adam Smith and the other classical economists appear to have deliberately obscured the nature of the control of labor and how policies attacking the economic independence of the rural peasantry were essentially conceived to foster primitive accumulation, Perelman examines diaries, letters, and the more practical writings of the classical economists. He argues that these private and practical writings reveal the real intentions and goals of classical political economy—to separate a rural peasantry from their access to land. This rereading of the history of classical political economy sheds important light on the rise of capitalism to its present state of world dominance. Historians of political economy and Marxist thought will find that this book broadens their understanding of how capitalism took hold in the industrial age.

    Readers familiar with Adam Smith from The Wealth of Nations will find this earlier book a revelation. Although the author is often misrepresented as a calculating rationalist who advises the pursuit of self-interest in the marketplace, regardless of the human cost, he was also interested in the human capacity for benevolence — as The Theory of Moral Sentiments amply demonstrates.The greatest prudence, Smith suggests, may lie in following economic self-interest in order to secure the basic necessities. This is only the first step, however, toward the much higher goal of achieving a morally virtuous life. Smith elaborates upon a theory of the imagination inspired by the philosophy of David Hume. His reasoning takes Hume's logic a step further by proposing a more sophisticated notion of sympathy, leading to a series of highly original theories involving conscience, moral judgment, and virtue.Smith's legacy consists of his reconstruction of the Enlightenment idea of a moral, or social, science that embraces both political economy and the theory of law and government. His articulate expression of his philosophy continues to inspire and challenge modern readers.