In this essay based on a popular lecture, Foundation for Economic Education President Lawrence W. Reed debunks this conventional view and traces the central role that poor government policy played in fostering this legendary catastrophe. Lawrence W. ("Larry") Reed became president of the Foundation for Economic Education (FEE) in 2008. Prior to becoming FEE's president, he served for twenty years as president of the Mackinac Center for Public Policy in Midland, Michigan. He also taught economics full-time from 1977 to 1984 at Northwood University in Michigan and chaired its Department of Economics from 1982 to 1984. A champion for liberty, Reed has authored over 1,000 newspaper columns and articles, dozens of articles in magazines and journals in the United States and abroad. The Foundation for Economic Education (FEE) is the premier source for understanding the humane values of a free society, and the economic, legal, and ethical principles that make it possible. At FEE, you’ll be connected with people worldwide who share those values and are inspired by the dynamic ideas of free association, free markets, and a diverse civil society. Explore freedom’s limitless possibilities through seminars, classroom resources, social media, and daily content at FEE.org. Learn how your creativity and initiative can result in a prosperous and flourishing life for yourself and the global community. Whether you are just beginning to explore entrepreneurship, economics, or creating value for others or are mentoring others on their journeys, FEE has everything you need. FEE is supported by voluntary, tax-deductible contributions from individuals, foundations, and businesses who believe that it is vital to cultivate a deep appreciation in every generation for individual liberty, personal character, and a free economy. Supporters  receive a subscription to FEE's flagship magazine, the Freeman, also available at FEE.org.

    Humanity stands at a crossroads, and the only alternatives to the “American Trinity” of liberty, natural rights, and the melting-pot ideal of national unity are Islamic totalitarianism, European democratic socialism, capitalist dictatorship, or global chaos if we should fail.  America is Still the Best Hope, as this eminently sensible, profoundly inspiring volume so powerfully proves.

    Winston Churchill, whose mother, Jennie Jerome, the daughter of a leading American entrepreneur, was born in Brooklyn in 1854, spent much of his seventy adult years in close contact with the United States. In two world wars, his was the main British voice urging the closest possible cooperation with the United States. From before the First World War, he understood the power of the United States, the "gigantic boiler," which, once lit, would drive the great engine forward. Sir Martin Gilbert was appointed Churchill's official biographer in 1968 and has ever since been collecting archival and personal documentation that explores every twist and turn of Churchill's relationship with the United States, revealing the golden thread running through it of friendship and understanding despite many setbacks and disappointments. Drawing on this extensive store of Churchill's own words -- in his private letters, his articles and speeches, and press conferences and interviews given to American journalists on his numerous journeys throughout the United States -- Gilbert paints a rich portrait of the Anglo-American relationship that began at the turn of the last century. Churchill first visited the United States in 1895, when he was twenty-one. During that first visit, he was invited to West Point and was fascinated by New York City. "What an extraordinary people the Americans are!" he wrote to his mother. "This is avery great country, my dear Jack," he told his brother. During three subsequent visits before the Second World War, he traveled widely and formed a clear understanding of both the physical and moral strength of Americans. During the First World War, Churchill was Britain's Minister of Munitions, working closely with his American counterpart Bernard Baruch to secure the material needed for the joint war effort, and argued with his colleagues that it would be a grave mistake to launch a renewed assault before the Americans arrived. Churchill's historic alliance with Franklin Roosevelt during the Second World War is brilliantly portrayed here with much new material, as are his subsequent ties with President Truman, which contributed to the Truman Doctrine and the Marshall Plan. In his final words to his Cabinet in 1955, on the eve of his retirement as Prime Minister, Churchill gave his colleagues this advice: "Never be separated from the Americans." In Churchill and America, Gilbert explores how Churchill's intense rapport with this country resulted in no less than the liberation of Europe and the preservation of European democracy and freedom. It also set the stage for the ongoing alliance that has survived into the twenty-first century.

    fascinating reading."--LA Times1) Tangled web1 "How did they catch us with our pants down, Mr President?" 12/6-7/412 Mr Knox goes west 12/8-16/413 "Some admiral or some general in the Pacific may be made the goat."Herbert Hoover 12/17/41 1/29/42 4 "Settle yourself in a quiet nook somewhere & let old father time help this entire situation."Stark to Kimmel 1/25/422/44 2) Pandora's box 5 Mutiny on the second deck 6 The Hart inquiry 2-6/44 7 The Army & Navy club 6-10/44 8 "You do not have to carry the torch for Admiral Kimmel" 6/449/453) Congress dances9 "If I had known what was to happen...I would have never have allowed myself to be 'tagged'"-Wm D. Mitchell 11-12/4510 Their day in court 12/31/45-1/31/4611 Safford at bay 2/1-11/4612 "To throw as soft a light as possible on the Washington scene"4) The Tenth investigation13 Operation Z 193211/27/41 14 The Tracking of Kido Butai 11/26-12/615 Date of infamy. "But they knew, they knew, they knew" 12/7-8/4116 The Summing up

    Many black residents were poor sharecroppers, but others owned their own farms and the land on which they’d founded the county’s thriving black churches.But then in September of 1912, three young black laborers were accused of raping and murdering a white girl. One man was dragged from a jail cell and lynched on the town square, two teenagers were hung after a one-day trial, and soon bands of white “night riders” launched a coordinated campaign of arson and terror, driving all 1,098 black citizens out of the county. In the wake of the expulsions, whites harvested the crops and took over the livestock of their former neighbors, and quietly laid claim to “abandoned” land. The charred ruins of homes and churches disappeared into the weeds, until the people and places of black Forsyth were forgotten.National Book Award finalist Patrick Phillips tells Forsyth’s tragic story in vivid detail and traces its long history of racial violence all the way back to antebellum Georgia. Recalling his own childhood in the 1970s and ’80s, Phillips sheds light on the communal crimes of his hometown and the violent means by which locals kept Forsyth “all white” well into the 1990s.Blood at the Root is a sweeping American tale that spans the Cherokee removals of the 1830s, the hope and promise of Reconstruction, and the crushing injustice of Forsyth’s racial cleansing. With bold storytelling and lyrical prose, Phillips breaks a century-long silence and uncovers a history of racial terrorism that continues to shape America in the twenty-first century.

    New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America

    This social transformation didn't happen by accident. We’ve built a country where we can all choose the neighborhood -- and religion and news show -- most compatible with our lifestyle and beliefs. And we are living with the consequences of this way-of-life segregation. Our country has become so polarized, so ideologically inbred, that people don’t know and can’t understand those who live just a few miles away. The reason for this situation, and the dire implications for our country, is the subject of this groundbreaking work.In 2004, the journalist Bill Bishop, armed with original and startling demographic data, made national news in a series of articles showing how Americans have been sorting themselves over the past three decades into alarmingly homogeneous communities -- not by region or by red state or blue state, but by city and even neighborhood. In The Big Sort, Bishop deepens his analysis in a brilliantly reported book that makes its case from the ground up, starting with stories about how we live today and then drawing on history, economics, and our changing political landscape to create one of the most compelling big-picture accounts of America in recent memory.The Big Sort will draw comparisons to Robert Putnam's Bowling Alone and Richard Florida's The Rise of the Creative Class and will redefine the way Americans think about themselves for decades to come.

    That same year, a trove of Michael Jackson memorabilia—including his iconic crystal-encrusted white glove—was sold at auction for over $1 million to a guy who was, officially, just the lowly forestry minister of the tiny nation of Equatorial Guinea. And in 2014, Ukrainian revolutionaries raided the palace of their ousted president and found a zoo of peacocks, gilded toilets, and a floating restaurant modeled after a Spanish galleon. Unlikely as it might seem, there is a thread connecting these events, and Rachel Maddow follows it to its crooked source: the unimaginably lucrative and equally corrupting oil and gas industry. With her trademark black humor, Maddow takes us on a switchback journey around the globe, revealing the greed and incompetence of Big Oil and Gas along the way, and drawing a surprising conclusion about why the Russian government hacked the 2016 U.S. election. She deftly shows how Russia’s rich reserves of crude have, paradoxically, stunted its growth, forcing Putin to maintain his power by spreading Russia’s rot into its rivals, its neighbors, the West’s most important alliances, and the United States. Chevron, BP, and a host of other industry players get their star turn, most notably ExxonMobil and the deceptively well-behaved Rex Tillerson. The oil and gas industry has weakened democracies in developed and developing countries, fouled oceans and rivers, and propped up authoritarian thieves and killers. But being outraged at it is, according to Maddow, “like being indignant when a lion takes down and eats a gazelle. You can’t really blame the lion. It’s in her nature.” Blowout is a call to contain the lion: to stop subsidizing the wealthiest businesses on earth, to fight for transparency, and to check the influence of the world’s most destructive industry and its enablers. The stakes have never been higher. As Maddow writes, “Democracy either wins this one or disappears.”

    Yet, by the nineteenth century, American theology had shifted dramatically away from the severe European traditions directly descended from the Protestant Reformation, of which Puritanism was in the United States the most influential. In its place arose a singularly American set of beliefs. In America's God, Mark Noll has written a biography of this new American ethos.

    President George W. Bush leads our nation in a time of unprecedented peril. But how well do we really know him or his remarkable family, whose history often mirrors the history of America? Now, in the first full-scale biography of the Bushes, Peter and Rochelle Schweizer trace the extraordinary trajectory of their rise to power. Through a series of exclusive, surprisingly candid interviews with members of the family and close friends, the inner workings of this very private family are revealed: their marriages and friendships; the intense sibling rivalry between George W. and Jeb Bush; divisions between father and son over the Iraq war; even Jeb Bush's plans to run for president in 2008. Never-before-seen private photos add even greater detail and depth to this fascinating family portrait. And above all, we see George W. Bush the way his family does, as an intensely driven person who has a much more complex relationship with his father than has often been portrayed in the media. Family members talk about how he deals with the stresses of the war on terrorism, why he sees it as a "religious war," and how his personal faith influences what he says and does. The Schweizers also delve into the Bushes' sensitive and secret business dealings, including their long history of involvement in the oil business. Their shrewd alliances with other American dynasties--including the Kennedys, Rockefellers, and Tafts--have all helped to quietly consolidate their power within the Republican Party.Indeed, what makes the Bushes so successful is that they function less like the great political families before them andmore like a high-tech startup: free-flowing, pragmatic, and opportunistic. It is this distinction that assures them an enduring presence on the nation's political stage, making "The Bushes" essential reading for anyone who cares about America's future.

     The Trump presidency opened with the appointment of Neil Gorsuch to succeed the late Antonin Scalia on the Supreme Court. But the following year, when Trump drew from the same list of candidates for his nomination of Brett Kavanaugh, the justice being replaced was the swing vote on abortion, and all hell broke loose. The judicial confirmation process, on the point of breakdown for thirty years, now proved utterly dysfunctional. Unverified accusations of sexual assault became weapons in a ruthless campaign of personal destruction, culminating in the melodramatic hearings in which Kavanaugh’s impassioned defense resuscitated a nomination that seemed beyond saving. The Supreme Court has become the arbiter of our nation’s most vexing and divisive disputes. With the stakes of each vacancy incalculably high, the incentive to destroy a nominee is nearly irresistible. The next time a nomination promises to change the balance of the Court, Hemingway and Severino warn, the confirmation fight will be even uglier than Kavanaugh’s. A good person might accept that nomination in the naïve belief that what happened to Kavanaugh won’t happen to him because he is a good person. But it can happen, it does happen, and it just happened. The question is whether America will let it happen again.

    Against all predictions, one of the most-disliked presidential candidates in history had swept the electoral college, elevating a man with open contempt for democratic norms and institutions to the height of power.Timothy Snyder is one of the most celebrated historians of the Holocaust. In his books Bloodlands and Black Earth, he has carefully dissected the events and values that enabled the rise of Hitler and Stalin and the execution of their catastrophic policies. With Twenty Lessons, Snyder draws from the darkest hours of the twentieth century to provide hope for the twenty-first. As he writes, “Americans are no wiser than the Europeans who saw democracy yield to fascism, Nazism and communism. Our one advantage is that we might learn from their experience.”Twenty Lessons is a call to arms and a guide to resistance, with invaluable ideas for how we can preserve our freedoms in the uncertain years to come.

    The shy Vermonter, nicknamed "Silent Cal," has long been dismissed as quiet and passive. History has remembered the decade in which he served as a frivolous, extravagant period predating the Great Depression. Now Amity Shlaes, the author known for her riveting, unexpected portrait of the 1930s, provides a similarly fresh look at the 1920s and its elusive president. Shlaesshows that the mid-1920s was, in fact, a triumphant period that established our modern way of life: the nation electrified, Americans drove their first cars, and the federal deficit was replaced with a surplus. Coolidge is an eye-opening biography of the little-known president behind that era of remarkable growth and national optimism.Although Coolidge was sometimes considered old-fashioned, he was the most modern of presidents, advancing not only the automobile trade but also aviation, through his spirited support of Charles Lindbergh. Coolidge's discipline and composure, Shlaes reveals, represented not weakness but strength. First as governor of Massachusetts then as president, Coolidge proved unafraid to take on the divisive issues of this crucial period: reining in public-sector unions, unrelentingly curtailing spending, and rejecting funding for new interest groups.Perhaps more than any other president, Coolidge understood that doing less could yield more. He reduced the federal budget during his time in office even as the economy grew, wages rose, tax rates fell, and unemployment dropped. As a husband, father, and citizen, the thirtieth president made an equally firm commitment to moderation, shunning lavish parties and special presidential treatment; to him the presidency was not a bully pulpit but a place for humble service. Overcoming private tragedy while in office, including the death of a son, Coolidge showed the nation how to persevere by persevering himself. For a nation looking for a steady hand, he was a welcome pilot.In this illuminating, magisterial biography, AmityShlaes finally captures the remarkable story of Calvin Coolidge and the decade of extraordinary prosperity that grew from his leadership.

    Pop culture exploded in upheaval with the rise of artists like Jasper Johns, Norman Mailer, Allen Ginsberg, and Miles Davis. Court rulings unshackled previously banned books. Political power broadened with the onset of Civil Rights laws and protests. The sexual and feminist revolutions took their first steps with the birth control pill. America entered the war in Vietnam, and a new style in superpower diplomacy took hold. The invention of the microchip and the Space Race put a new twist on the frontier myth.Vividly chronicles 1959 as a vital, overlooked year that set the world as we know it in motion, spearheading immense political, scientific, and cultural changeStrong critical acclaim: "Energetic and engaging" (Washington Post); "Immensely enjoyable . . . a first-rate book" (New Yorker); "Lively and filled with often funny anecdotes" (Publishers Weekly)Draws fascinating parallels between the country in 1959 and todayDrawing fascinating parallels between the country in 1959 and today, Kaplan offers a smart, cogent, and deeply researched take on a vital, overlooked period in American history.

    Stone demonstrates how the Founding Fathers, deeply influenced by their philosophical forebears, saw traditional Christianity as an impediment to the pursuit of happiness and to the quest for human progress. Acutely aware of the need to separate politics from the divisive forces of religion, the Founding Fathers crafted a constitution that expressed the fundamental values of the Enlightenment.Although the Second Great Awakening later came to define America through the lens of evangelical Christianity, nineteenth-century Americans continued to view sex as a matter of private concern, so much so that sexual expression and information about contraception circulated freely, abortions before “quickening” remained legal, and prosecutions for sodomy were almost nonexistent.The late nineteenth and early twentieth centuries reversed such tolerance, however, as charismatic spiritual leaders and barnstorming politicians rejected the values of our nation’s founders. Spurred on by Anthony Comstock, America’s most feared enforcer of morality, new laws were enacted banning pornography, contraception, and abortion, with Comstock proposing that the word “unclean” be branded on the foreheads of homosexuals. Women increasingly lost control of their bodies, and birth control advocates, like Margaret Sanger, were imprisoned for advocating their beliefs. In this new world, abortions were for the first time relegated to dank and dangerous back rooms.The twentieth century gradually saw the emergence of bitter divisions over issues of sexual “morality” and sexual freedom. Fiercely determined organizations and individuals on both the right and the left wrestled in the domains of politics, religion, public opinion, and the courts to win over the soul of the nation. With its stirring portrayals of Supreme Court justices, Sex and the Constitution reads like a dramatic gazette of the critical cases they decided, ranging from Griswold v. Connecticut (contraception), to Roe v. Wade (abortion), to Obergefell v. Hodges (gay marriage), with Stone providing vivid historical context to the decisions that have come to define who we are as a nation.Now, though, after the 2016 presidential election, we seem to have taken a huge step backward, with the progress of the last half century suddenly imperiled. No one can predict the extent to which constitutional decisions safeguarding our personal freedoms might soon be eroded, but Sex and the Constitution is more vital now than ever before.