Companies are shutting down and laying off workers, 401ks are melting away, and the government is spending $700 billion dollars to bail out banks and financial institutions -- and that's only the beginning. The financial services industry, and the many industries that depend on it -- from housing to cars -- is in intensive care. So what happened? How did we get to this point of financial disaster? Is the economy just a huge, Madoff-esque Ponzi scheme? It is a complicated and confusing story -- but Daniel Gross of Newsweek has a special gift for making complicated matters easy to understand and even entertaining. In Dumb Money, he offers a guide to the debacle and to what the future may hold. This is not so much a book about who did what, though that's part of the story. Rather, it pieces together the building blocks of the debt-fueled economy, and distills the theory and personalities behind our late, lamented easy money culture. Dumb Money is a book that finally lays it all out in an engaging way, and might just help people invest their money smartly until the gloom passes.

    It views the thinkers in an historical context and examines them in terms of changing relationships of ethics and politics in Western political philosophy.

    To understand why government has grown, Robert Higgs asserts, one must understand how it has grown. This book offers a coherent, multi-causal explanation, guided by a novel analytical framework firmly grounded in historical evidence. More than a study of trends in governmental spending, taxation, and employment, Crisis and Leviathan is a thorough analysis of the actual occasions when and the specific means by which Big Government developed in the United States. Naming names and highlighting the actions of significant individuals, Higgs examines how twentieth-century national emergencies--mainly wars, depressions, and labor disturbances--have prompted federal officials to take over previously private rights and activities. When the crises passed, a residue of new governmental powers remained. Even more significantly, each great crisis and the subsequent governmental measures have gone hand in hand with reinforcing shifts in public beliefs and attitudes toward the government's proper role in American life. Integrating the contributions of scholars in diverse disciplines, including history, law, political philosophy, and the social sciences, Crisis and Leviathan makes compelling reading for all those who seek to understand the transformation of America's political economy over the past century.

    Disenchantment with the market economy hasreached the point that many even question capitalism itself.Allan H. Meltzer disagrees, passionately and persuasively. Drawing on deep expertise as a financial historian and authority on economic theory, he provides a resounding answer to the question, why capitalism? Only capitalism, he writes, maximizes both growth and individual freedom. Unlikesocialism, capitalism is adaptive, not rigid--private ownership of the means of production flourishes wherever it takes root, regardless of culture. Laws intended to tamper with its fundamental dynamics, such as those that redistribute wealth, fail. European countries boasting extensive welfareprograms have not surpassed the more market-oriented United States. Capitalism does require a strong legal framework, Meltzer writes, and it does not solve all problems efficiently. But he finds that its problems stem from universal human weaknesses--such as dishonesty, venality, andexpediency--which are not specific to capitalism. Along the way, he systematically analyzes the role of government, positing that regulations are static, but markets are dynamic, usually seeking ways to skirt the rules. Regulation is socially useful if it brings private costs into line with socialcosts (for example, the cost of taxes to hire policemen compared to that of the impact of rampant crime); if it doesn't, regulation simply invites circumvention.Vigorously argued, sweeping in scope, Why Capitalism? reminds us of the fundamental vitality of the one economic system that has survived every challenge, and risen to dominate the globe.

    The inflation-adjusted wage of a US worker today is less than 40 years ago—but there are four times as many multimillionaires. As inequality grows, the infrastructure frays and the politics become more poisonous. Every year, more and more Americans go on shooting sprees, killing strangers and passers-by—and now, increasingly, the representatives of the state.Troubling trends of this kind are endlessly discussed by politicians, public intellectuals, and social scientists. But mostly, they talk about only a small slice of the overall problem. After all, how on earth can yet another murderous rampage have anything to do with polarization in Congress? And is there really a connection between too many multimillionaires and government gridlock?Historical analysis shows that long spells of equitable prosperity and internal peace are succeeded by protracted periods of inequity, increasing misery, and political instability. These crisis periods—“Ages of Discord”—tend to share characteristic features, identifiable in many societies throughout history. Modern Americans, for example, may be disconcerted to learn that the US right now has much in common with the Antebellum 1850s and, even more surprisingly, with ancien régime France on the eve of the French Revolution. Can it really be true that our troubled age is nothing new, and that it arises periodically for similar underlying reasons? It can. Ages of Discord marshals a cohesive theory and detailed historical data to show that this is, indeed, the case. The book takes the reader on a roller-coaster ride through American history, from the Era of Good Feelings of the 1820s to our first Age of Discord, which culminated in the American Civil War, to post-WW2 prosperity and, finally, to our present, second Age of Discord.Unlike societies in the past, however, we are in a unique position to take steps to escape the worst. Societal breakdown and the ensuing wave of violence can be avoided by taking collective, cooperative action. The structural-demographic theory, explained in this book, helps us understand why demographic, social, and political trends changed direction from favorable to unfavorable in America around the 1970s. Such understanding is the key to developing reforms that would reverse these negative trends and move us to a more equitable, prosperous, and peaceful society.

    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.”

    Their choices are limited by mountains, rivers, seas, and concrete. To understand world events, news organizations and other authorities often focus on people, ideas, and political movements, but without geography, we never have the full picture. Now, in the relevant and timely Prisoners of Geography, seasoned journalist Tim Marshall examines Russia, China, the USA, Latin America, the Middle East, Africa, Europe, Japan and Korea, and Greenland and the Arctic—their weather, seas, mountains, rivers, deserts, and borders—to provide a context often missing from our political reportage: how the physical characteristics of these countries affect their strengths and vulnerabilities and the decisions made by their leaders.In ten, up-to-date maps of each region, Marshall explains in clear and engaging prose the complex geo-political strategies of these key parts of the globe. What does it mean that Russia must have a navy, but also has frozen ports six months a year? How does this affect Putin’s treatment of Ukraine? How is China’s future constrained by its geography? Why will Europe never be united? Why will America never be invaded? Shining a light on the unavoidable physical realities that shape all of our aspirations and endeavors, Prisoners of Geography is the critical guide to one of the major (and most often overlooked) determining factors in world history.

    Left-wingers keenly support the bombing of Belgrade and the invasion of Iraq. Tories warn against the threat to civil liberties. The 'progressive' BBC gives a fair hearing to the Conservative Party. Socialist journalists turn and rend Ken Livingstone. In democratic London, merely expressing your opinion can be seriously bad for your career, while in autocratic Moscow you can say pretty much what you like, provided you don't do anything about it. The tearing down of the old Iron Curtain may have allowed markets to sweep into the old Warsaw Pact lands - but it has also permitted revolutionary left-wing ideas to spread like a bacillus through the 'West'.Nobody really cares any more about the old shibboleths of state ownership. The British Labour Party - which opposed nuclear weapons, supposedly on principle, when they mattered - is quite happy to spend billions on the same weapons now that they are unnecessary.The supposed 'right' is as confused and nonsensical as the supposed 'left'. Neo-conservatives run vast budget deficits at home and engage in utopian adventures abroad. They are actively opposed to old conservative ideas such as national sovereignty, strong families and rigorous selective education, and happy to bend the knee to left-wing orthodoxies from man-made global warming to egalitarianism.The political compass is broken, its needle swinging wildly and meaninglessly. The existing political parties have converged, or perhaps simply retreated in confusion on to what looked like safe territory, the often tried and repeated failed policies of Fabian Social Democracy, now worsened by 1960s sexual and social radicalism. They are no longer adversaries, their personnel are interchangeable and they struggle to find ways to distinguish themselves from each other. They simply ignore - or deny - huge areas of human experience and concern from mass immigration to the collapse of marriage and the disappearance of order and rigour in the state education system.Yet conventional wisdom continues to insist that formal politics can and should continue as it did before - and that an exasperated and increasingly angry electorate should place its hopes in a mere change of personnel at the next election. Peter Hitchens argues for the re-establishment of proper adversary politics and the rediscovery of principle.

    What made ancient India the Golden Bird in the first place? What did China, the Land of the Dragon, have in common with India, and when did these two ancient civilizations diverge on their paths to global success? Raina Singhwi Jain discusses the immediate need and measures for a quantum jump in our attitude towards development. While conventional wisdom suggests improvements in manufacturing, the ease of doing business and digital technology, Jain goes a step further, drawing surprising parallels between other areas that beg our attention—process engineering, communication design, journalism, and education. This is a work of reflection and a call to action, urging Indian denizens to act now for a revival of the genius that lies dormant within each one of us.

    Passages from Antiquity to Feudalism, the companion volume to Perry Anderson’s highly acclaimed and influential Lineages of the Absolutist State, is a sustained exercise in historical sociology to root the development of absolutism in the diverse routes taken from the slave-based societies of Ancient Greece and Rome to fully-fledged feudalism. In the course of this study Anderson vindicates and refines the explanatory power of a Marxist conception of history, whilst casting a fascinating light on Greece, Rome, the Germanic invasion, nomadic society, and the different patterns of the evolution of feudalism in Northern, Mediterranean, Eastern and Western Europe.

    The guru of Sixties radicals, Alinsky urged his followers to be flexible and opportunistic and say anything to get power, which they can then use to radically change existing social and economic institutions. In this insightful new booklet, Horowitz discusses Alinsky’s work in the 60s—and his advice to radicals to seize any weapon to advance their cause. This became the philosophy of Alinskyite organizations such as ACORN and influenced the future President who came up through the Chicago network created by Alinsky’s network. After analyzing Saul Alinsky’s work and pointing out that the godfather of “social organizing” created “ not salvation but chaos,” Horowitz then he asks the crucial question: “And presidential disciples of Alinsky, what will they create?”

    He more or less invented modern politi­cal consulting and helped Richard Nixon, Ronald Reagan, and George H. W. Bush win their races for the White House. Then he reinvented himself as a master of cable television, first as the head of CNBC and, since 1996, as the creator and leader of Fox News, the most influential news network in the country. To liberals, Ailes is an evil genius who helped polarize the country by breaking the mainstream media’s long monopoly on what constitutes news. To conservatives, he’s a champion of free speech and fair reporting whose values and view of Amer­ica reflect their own. But no one doubts that Ailes has transformed journalism. Barack Obama once called him “the most powerful man in America”— and given that Fox News has changed the way millions understand the world, it may be true. Yet for all that fame and infamy, very few people know the real person behind the headlines. Journalist Zev Chafets received unprecedented access to Ailes and his family, friends, and Fox News colleagues. The result is a candid, compelling portrait of a fascinating man. We see Ailes in action at Fox News and hear him reflect on personal mat­ters he has never before discussed publicly. And we discover the heart of his sometimes surprising political beliefs: his profane piety and his unwav­ering belief in the values of his small-town Ohio boyhood. Ailes loves to fight, but he is a happy warrior who has somehow managed to charm and befriend many of the people he has defeated in political campaigns and television wars. Barbara Walters, Rachel Maddow, Jesse Jackson, the Kennedy clan— all are unexpected Ailes fans. Chafets also gives us an unprecedented look at the inner workings of Fox News and explores Ailes’s relationships with Bill O’Reilly, Sean Hannity, Megyn Kelly, Neil Cavuto, Chris Wallace, and the other stars he has nurtured. Ultimately, Ailes is neither villain nor hero but a man full of contradictions and surprises. As Chafets writes, “What will he do next? What stokes his competitive fires and occasional rages? How to reconcile his acts of exceptional loyalty and pri­vate generosity (even to rivals) with his impulse to present himself to the world as a ruthless leg breaker? What makes Roger run—and where, if anywhere, is the finish line? As Ailes himself might say: I report, you decide.”

    In this book, they will name names and expose the lies of those who pretend to champion the middle class, while aiding and abetting massive layoffs of highly skilled American workers in favor of cheap foreign labor. Malkin and Miano will explode some of the most commonly told myths spread in the media like these: Lie #1: America is suffering from an apocalyptic “shortage” of science, technology, engineering, and math workers. Lie #2: US companies cannot function without an unlimited injection of the most “highly skilled” and “highly educated” foreign workers, who offer intellectual capital and entrepreneurial energy that American workers can’t match. Lie #3: America’s best and brightest talents are protected because employers are required to demonstrate that they’ve made every effort to hire American citizens before resorting to foreign labor. For too long, open-borders tech billionaires and their political enablers have escaped tough public scrutiny of their means and motives. Sold Out is an indictment of not only political corruption in Washington, but also the journalistic malpractice that enables it. It’s time to trade the whitewash for solvent. American workers deserve better and the public deserves the unvarnished truth.

    Professor Betts examines the arguments about what political, economic, social and military factors tend to cause war and whether such causes can be made obsolete.