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.

Financial Turmoil in Europe and the United States: Essays


George Soros - 2012
    In this collection of his recent writings on the global financial situation, George Soros presents his views and analysis of key economic policy choices leading up to, during, and following the financial crisis of 2008-2009.Soros explores domestic and international policy choices like how to manage the (then) potential implosion of Fannie Mae & Freddie Mac, deploying measures to stem global contagion from the sub-prime crisis, alternative options on bailing out lesser developed countries and why this was vital, the structural problems of European economic management, and more.Financial Turmoil in Europe and the United States elegantly distills the choices at hand, and takes the reader on a journey of real time economic policy work and experimentation.

The Germans and Europe: A Personal Frontline History


Peter Millar - 2017
    

The Shortest History of Germany


James Hawes - 2017
    The Anglo-Saxon powers, great and small, withdraw into fantasies of lost greatness. Populists all over Europe cry out that immigration and globalisation are the work of a nefarious System, run by unseen masters with no national loyalties. From the Kremlin, Tsar Vladimir watches his Great Game line up, while the Baltic and Vizegrad states shiver -- and everyone looks to Berlin. But are the Germans really us, or them? This question has haunted Europe ever since Julius Caesar invented the Germani in 58 BC.How Roman did Germania ever become? Did the Germans destroy the culture of Rome, or inherit it? When did they first drive east, and did they ever truly rule there? How did Germany become, for centuries, a power-vacuum at the heart of Europe? How was Prussia born? Did Bismarck unify Germany or conquer it? Where are the roots of Adolf Hitler's Third Reich? Why did it lose? By what miracle did a better Germany arise from the rubble? Is Germany now the last Western bastion of industrial prosperity and rational politics? Or are the EU and the Euro merely window-dressing for a new German hegemony?This fresh, illuminating and concise new history makes sense of Europe's most admired and feared country. It's time for the real story of Germany.

How to Lose a War: More Foolish Plans and Great Military Blunders


Bill Fawcett - 2009
    How to Lose a War chronicles some of the most remarkable strategic catastrophes and doomed military adventures of overreaching invaders and clueless defenders—whether the failure was a result of poor planning, miscalculations, monumental ego, or failed intelligence . . . or just a really stupid idea to begin with.Alexander invades India—and ends up in deep vindaloo.Sacre bleu! The French are humiliated by Prussia in 1870.spain's "invincible navy" breaks up off the coast of britain while attempting an invasion.the mau mau rebellion against the british in kenya shows us how not to run an insurgency.Chiang Kai-Shek's pathetic army fails to keep Mao's Communists from grabbing China.

Hitler and the Holocaust


Robert S. Wistrich - 2001
    Robert S. Wistrich examines Europe's long history of violence against its Jewish populations, looks at the forces that shaped Hitler's belief in a "satanic Jewish power" that must be eradicated, and discusses the process by which Hitler gained power and finalized his plans for mass genocide. He concludes by addressing the abiding legacy of the Holocaust and the lessons that can be drawn from it. Combining a comprehensive picture of one of the most cataclysmic periods in recent history with contemporary scholarly developments and fresh historical inquiry, Hitler and the Holocaust is an indelible contribution to the literature of history.

Lords of Finance: The Bankers Who Broke the World


Liaquat Ahamed - 2009
    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.

Independence or Union: Scotland's Past and Scotland's Present


T.M. Devine - 2016
    From the Middle Ages onwards the island of Britain has been shaped by the unique dynamic between Edinburgh and London, exchanging inhabitants, monarchs, money and ideas, sometimes in a spirit of friendship and at others in a spirit of murderous dislike.Tom Devine's seminal new book explores this extraordinary history in all its ambiguity, from the seventeenth century to the present. When not undermining each other with invading armies, both Scotland and England have broadly benefitted from each other's presence - indeed for long periods of time nobody questioned the union which joined them. But as Devine makes clear, it has for the most part been a relationship based on consent, not force, on mutual advantage, rather than antagonism - and it has always held the possibility of a political parting of the ways.With the United Kingdom under a level of scrutiny unmatched since the eighteenth century Independence or Union is the essential guide.

Easy Money: Evolution of Money from Robinson Crusoe to the First World War


Vivek Kaul - 2013
    Books on the current financial crisis which started in late 2008 are a tad like that. Until now they have tended to deal with certain aspects of the crisis without looking at the bigger picture of what really went wrong. That bigger picture of the ongoing financial crisis has now started to evolve. Easy Money captures this big picture. The history of money and the financial system as it has evolved over the centuries stand at the heart of this endeavor. It explores the idea that the evolution of money over centuries has led to an easy money policy being followed by governments and central banks across the world, which in turn has fueled humongous Ponzi schemes, which have now started to unravel, bringing the whole world on the brink of a financial disaster. The book also explains how the lessons of the financial crisis have still not been learned, and in trying to deal with it, governments across the world are making the same mistakes which led to the current crisis in the first place.

Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction


David Enrich - 2020
    Bill Broeksmit had helped build the 150-year-old financial institution into a global colossus, and his sudden death was a mystery, made more so by the bank’s efforts to deter investigation. Broeksmit, it turned out, was a man who knew too much.In Dark Towers, award-winning journalist David Enrich reveals the truth about Deutsche Bank and its epic path of devastation. Tracing the bank’s history back to its propping up of a default-prone American developer in the 1880s, helping the Nazis build Auschwitz, and wooing Eastern Bloc authoritarians, he shows how in the 1990s, via a succession of hard-charging executives, Deutsche made a fateful decision to pursue Wall Street riches, often at the expense of ethics and the law.Soon, the bank was manipulating markets, violating international sanctions to aid terrorist regimes, scamming investors, defrauding regulators, and laundering money for Russian oligarchs. Ever desperate for an American foothold, Deutsche also started doing business with a self-promoting real estate magnate nearly every other bank in the world deemed too dangerous to touch: Donald Trump. Over the next twenty years, Deutsche executives loaned billions to Trump, the Kushner family, and an array of scandal-tarred clients, including convicted sex offender Jeffrey Epstein.Dark Towers is the never-before-told saga of how Deutsche Bank became the global face of financial recklessness and criminality—the corporate equivalent of a weapon of mass destruction. It is also the story of a man who was consumed by fear of what he’d seen at the bank—and his son’s obsessive search for the secrets he kept.

Hitler


A.N. Wilson - 2012
     In this masterful account of Hitler’s life, biographer A.N. Wilson pulls back the curtain to reveal the man behind the mythic figure, shedding new light on Hitler’s personality, his desires, and his complex relationship with the German people.While Hitler maintained that his life had been characterized by “struggle” from its very beginnings, Wilson shows that the reality could not have been more different. Hitler grew up in middle-class comfort and, as a young man, lacked ambitions of any sort besides a vaguely bohemian desire to become an artist. And while the Hitlerian mythos holds that he forged his skills as a leader during the First World War, Wilson explains the truth: Hitler spent most of the war as an office boy miles from the front lines, and only received his cherished Iron Cross because of his slavishness to the officers he served. The army gave him a sense of purpose and brotherhood, however, which continued to inspire Hitler once the war ended.Hitler left the army with no skills, contacts, or money—and yet, within fourteen years, he would become chancellor of the German nation. Wilson describes the story of Hitler’s ascent as one of both opportunism and sheer political shrewdness. He possessed no real understanding of the workings of government but had a prodigious knack for public speaking, and found that a large number of Germans, despairing at their country’s recent defeat and terrified by the specter of international communism, were willing to listen to the right-wing fantasies that had taken root inside his head. Allying himself with the extremist German Workers’ Party (soon renamed the National Socialist Party), Hitler offered many Germans a seductive vision of how the country might raise itself back up and reclaim its rightful place at the center of world politics.Wilson shows that, although Hitler’s bid for power stalled at first, he soon gained traction with a German public starved for hope. Using his skills as a manipulator, Hitler found himself first at the head of the Nazi Party, then at the helm of the German nation. Wilson explores the forces that allowed Hitler to become Chancellor of Germany, and later to march Germany into total war. He examines Hitler’s increasingly virulent anti-Semitism and his decision to implement the Final Solution to exterminate European Jews, and he considers Hitler’s tactical successes - and failures - in World War II. Wilson also reveals a great deal about how Hitler’s personal life affected his time as Germany’s leader, from the lasting pain caused by the death of his mother and the suicide of his young niece to his poor health and addiction to the drugs prescribed by his doctor. As Wilson demonstrates, Hitler the Führer was not so different from Hitler the bohemian: lazy, moody, and hypersensitive, he ruled more through intimidation and the mystifying force of his personality than through any managerial skill or informed decision-making. His story - and that of Germany - is ultimately a cautionary tale. In a modern era enamored with progress, rationality, and modernity, it is often the darkest and most chaotic elements of society that prove the most seductive.Hitler’s unlikely rise to power and his uncanny ability to manipulate his fellow man resulted in the deaths of millions of Europeans and a horrific world war, yet despite his colossal role in world history, he remains mythologized and, as a result, misunderstood. In Hitler, A.N. Wilson limns this mysterious figure with great verve and acuity, showing that it was Hitler’s frightening normalcy - not some otherworldly evilness - that makes him so truly terrifying.

Rise and Fall: A History of the World in Ten Empires


Paul Strathern - 2019
    Through these we examine humanity's will to power in forms both infamous and poorly understood, and trace the evolution of the imperial impulse as it moves from the blunt military aggression of the ancient empires to the subtle but far-reaching cultural influence of today's superpowers.We encounter empires in all their contradictions - like the Mongol Empire, the largest land empire the world has ever seen, and yet also the most short-lived. Rise and Fall also reveals striking, often completely unrelated historical parallels: pyramids found not just in Egypt but also in Babylon, Mexico and China; unmistakable echoes of the infant discovered in a basket myth which occur in the Old Testament, the Akkadian origin myth, as well in Hinduism. Above all, we see how the ambition of imperial greatness everywhere - from the Roman emperors to Hitler - is rooted in dreams of utopia and immortality.Every empire contains the seeds of its own destruction: so what precisely is social progress? Who benefits from it, and who suffers? Rise and Fall reminds us that the progress of humankind takes many forms, and that - perhaps - the systems we take for granted today are far from being the only or inevitable course of future civilisation.

Why Israel is the Victim


David Horowitz - 2009
    David Horowitz’s classic Why Israel is the Victim, updated by the author, sets the record straight about the basic truths of the Middle East conflict. In addition to restoring the authentic history of the region – a history of obsessive aggression first by Arab countries determined to physically annihilate the Jewish State and later by terror groups determined to destroy its will to survive and right to exist—this booklet brings the story up to date by showing the systematic way in which Hamas and Hezbollah, under Iran’s direction, have subverted peace in the Middle East. As Shillman Fellow Daniel Greenfield notes in his insightful introduction, this pamphlet “tells us why we should reject the “Blame Israel First” narrative that has so thoroughly saturated the mainstream media… It confronts the myth of Palestinian victimhood… and it delivers a rousing restatement of the true history of the hate that led us to all this.” America should be Israel’s protector. Instead, as David Horowitz notes, under the leadership of Barack Obama, it has become its prosecutor.

Basic Economics for Students and Non-Students Alike


Jerry Wyant - 2013
    Graphs are not included, but both the graphs and the concepts behind them are explained; only basic math is included, and you can even skim over the math and still come away with an understanding of the concepts; statistics is not included at all.BASIC ECONOMICS FOR STUDENTS AND NON-STUDENTS ALIKE is an easy way to learn concepts relating to economics and the economy. It is a product of thousands of hours spent online, teaching basic concepts in economics to hundreds of students worldwide over the course of the past several years. From back and forth communications, I have discovered the explanations for the concepts that students find easiest to understand, as well as the areas that most often get misunderstood and under-emphasized.I have worked with students located throughout the United States and from many different countries, on six different continents; students from many different school systems with different points of emphasis; students with different levels of knowledge, different backgrounds, and different levels of interest in the subject. I have received numerous comments and testimonials regarding the teaching methods that I incorporate in BASIC ECONOMICS FOR STUDENTS AND NON-STUDENTS ALIKE.The subject matter included in BASIC ECONOMICS FOR STUDENTS AND NON-STUDENTS ALIKE comes from a compilation of many different textbooks at the introductory and intermediate levels. My goal was to include every subject in economics that normally will be found in an introductory level textbook of economics, microeconomics, or macroeconomics. Since different school systems, different classroom instructors, and different textbooks cover a slightly different combination of topics, BASIC ECONOMICS FOR STUDENTS AND NON-STUDENTS ALIKE is a little more comprehensive than most single introductory textbooks of economics. Some of the topics will be found in introductory classes in some schools, but in intermediate-level classes in other schools.

The History of Money: From Bartering to Banking


Martin Jenkins - 2014
    But when did we start using it? And why? What does money have to do with writing? And how do taxes and interest work? From the Stone Age to modern banking, this lighthearted and engaging account traces the history of the stuff that makes the world go round.