The Great Reversal: How America Gave Up on Free Markets


Thomas Philippon - 2019
    By lobbying against competition, the biggest firms drive profits higher while depressing wages and limiting opportunities for investment, innovation, and growth.Why are cell-phone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately he reached his surprising conclusion: American markets, once a model for the world, are giving up on healthy competition. Sector after economic sector is more concentrated than it was twenty years ago, dominated by fewer and bigger players who lobby politicians aggressively to protect and expand their profit margins. Across the country, this drives up prices while driving down investment, productivity, growth, and wages, resulting in more inequality. Meanwhile, Europe--long dismissed for competitive sclerosis and weak antitrust--is beating America at its own game.Philippon, one of the world's leading economists, did not expect these conclusions in the age of Silicon Valley start-ups and millennial millionaires. But the data from his cutting-edge research proved undeniable. In this compelling tale of economic detective work, we follow him as he works out the basic facts and consequences of industry concentration in the U.S. and Europe, shows how lobbying and campaign contributions have defanged antitrust regulators, and considers what all this means for free trade, technology, and innovation. For the sake of ordinary Americans, he concludes, government needs to return to what it once did best: keeping the playing field level for competition. It's time to make American markets great--and free--again.

Reaganland: America's Right Turn 1976-1980


Rick Perlstein - 2020
    After chronicling America’s transformation from a center-left to center-right nation for two decades, Rick Perlstein now focuses on the tumultuous life of President Ronald Reagan from 1976–1980. Within the book’s four-year time frame, Perlstein touches on themes of confluence as he discusses the four stories that define American politics up to the age of Trump. There is the rise of a newly aggressive corporate America diligently organizing to turn back the liberal tide: powerful unions, environmentalism, and unprecedentedly suffusing regulation. There is the movement of political mobilized conservative Christians, organizing to reverse the cultural institutionalization of the 1960s insurgencies. Third, there is the war for the Democratic Party, transformed under Jimmy Carter as a vehicle promoting “austerity” and “sacrifice”—a turn that spurs a counter-reaction from liberal forces who go to war with Carter to return the party to its populist New Deal patrimony. And finally, there is the ascendency of Ronald Reagan, considered washed up after his 1976 defeat for the Republican nomination and too old to run for president in any event, who nonetheless dramatically emerges as the heroic embodiment of America’s longing to transcend the 1970s dark storms—from Love Canal to Jonestown, John Wayne Gacy to the hostages in Iran. Hailed as “the chronicler extraordinaire of American conservatism” (Politico), Perlstein explores the complex years of Ronald Reagan’s presidency offering new and timely insights to issues that still remain relevant today.

A Higher Loyalty: Truth, Lies, and Leadership


James Comey - 2018
    His journey provides an unprecedented entry into the corridors of power, and a remarkable lesson in what makes an effective leader.Mr. Comey served as Director of the FBI from 2013 to 2017, appointed to the post by President Barack Obama. He previously served as U.S. attorney for the Southern District of New York, and the U.S. deputy attorney general in the administration of President George W. Bush. From prosecuting the Mafia and Martha Stewart to helping change the Bush administration's policies on torture and electronic surveillance, overseeing the Hillary Clinton e-mail investigation as well as ties between the Trump campaign and Russia, Comey has been involved in some of the most consequential cases and policies of recent history.

All the Devils are Here: The Hidden History of the Financial Crisis


Bethany McLean - 2010
    Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.Among the devils you'll meet in vivid detail:• Angelo Mozilo, the CEO of Countrywide, who dreamed of spreading homeownership to the masses, only to succumb to the peer pressure-and the outsized profits-of the sleaziest subprime lending.• Roland Arnall, a respected philanthropist and diplomat, who made his fortune building Ameriquest, a subprime lending empire that relied on blatantly deceptive lending practices.• Hank Greenberg, who built AIG into a Rube Goldberg contraption with an undeserved triple-A rating, and who ran it so tightly that he was the only one who knew where all the bodies were buried.• Stan O'Neal of Merrill Lynch, aloof and suspicious, who suffered from "Goldman envy" and drove a proud old firm into the ground by promoting cronies and pushing out his smartest lieutenants.• Lloyd Blankfein, who helped turn Goldman Sachs from a culture that famously put clients first to one that made clients secondary to its own bottom line.• Franklin Raines of Fannie Mae, who (like his predecessors) bullied regulators into submission and let his firm drift away from its original, noble mission.• Brian Clarkson of Moody's, who aggressively pushed to increase his rating agency's market share and stock price, at the cost of its integrity.• Alan Greenspan, the legendary maestro of the Federal Reserve, who ignored the evidence of a growing housing bubble and turned a blind eye to the lending practices that ultimately brought down Wall Street-and inflicted enormous pain on the country.Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the meltdown and its consequences.

The Roberts Court: The Struggle for the Constitution


Marcia Coyle - 2013
    Through four landmark decisions, Marcia Coyle, one of the most prestigious experts on the Supreme Court, reveals the fault lines in the conservative-dominated Court led by Chief Justice John Roberts Jr.Seven minutes after President Obama put his signature to a landmark national health care insurance program, a lawyer in the office of Florida GOP attorney general Bill McCollum hit a computer key, sparking a legal challenge to the new law that would eventually reach the nation’s highest court. Health care is only the most visible and recent front in a battle over the meaning and scope of the U.S. Constitution. The battleground is the United States Supreme Court, and one of the most skilled, insightful, and trenchant of its observers takes us close up to watch it in action.Marcia Coyle’s brilliant inside account of the High Court captures four landmark decisions—concerning health care, money in elections, guns at home, and race in schools. Coyle examines how those cases began—the personalities and conflicts that catapulted them onto the national scene—and how they ultimately exposed the great divides among the justices, such as the originalists versus the pragmatists on guns and the Second Amendment, and corporate speech versus human speech in the controversial Citizens United campaign case. Most dramatically, her analysis shows how dedicated conservative lawyers and groups are strategizing to find cases and crafting them to bring up the judicial road to the Supreme Court with an eye on a receptive conservative majority.The Roberts Court offers a ringside seat at the struggle to lay down the law of the land.

Armageddon: How Trump Can Beat Hillary


Dick Morris - 2016
    Already President Obama has moved America far down this path, and a President Clinton will act as his "third term," institutionalizing the excesses of the past eight years. In Armageddon, bestselling author and political strategist Dick Morris provides a winning game plan to take back the White House, and America. Because this is our last chance:• Our last chance to stop socialist uniformity, corruption and executive usurpation• Our last chance to curb welfare programs that are destroying the economic and social fabric of the nation• Our last chance to secure our border and keep our sovereignty• Our last chance to stand up against ISIS and terrorism• Our last chance to protect the Second AmendmentWe can do it. We must. It's our last chance. Read Armageddon, or risk losing the battle to save America!On Tuesday, November 8, 2016, American voters will make a momentous decision.They will decide whether or not this great country will remain a free market, constitutional democracy. The stakes could not be higher.If Hillary Clinton is elected president, it will mean the end of the America we know and love.Armageddon, by New York Times bestselling authors Dick Morris and Eileen McGann, is a call to arms, a call to join that ultimate battle.Few know Hillary Clinton better than Dick Morris. For almost two decades he served as a special adviser to both her and her husband, Bill Clinton. He knows their strengths, their vulnerabilities, and even their deepest secrets.In Armageddon, Morris offers a manual on how to win this battle and defeat Hillary once and for all. He argues that a typical Republican campaign won’t work—and that Hillary’s opponent must strike her in a very unorthodox and powerful way.Morris says it’s a winning strategy and voters play a critical role.A noted political strategist, Dick Morris has created winning strategies for numerous presidential campaigns in the U.S. and abroad. In this book he lays out a war plan, one the Republican nominee must use to prevent her victory:• Throw a surprising right jab: terrorism and healthcare• Throw the left hook: jobs, immigration, Wall Street• Play her game on class warfare: women, Latinos, and young votersRepublicans need to stop playing by the old rules of the game. Those rules don’t work—they elected Barack Obama twice. Obama has changed America in fundamental ways and Morris posits that Hillary’s opponents need to grasp this and implement a strategy that can finally defeat her.

Joe Biden: A Life of Trial and Redemption


Jules Witcover - 2010
    history. Over the course of four decades, he carved a legacy for himself as one of the most respected legislators in the country, and was a close friend and partner to President Barack Obama, who valued his vice president’s vast experience in domestic and foreign affairs.Yet Biden's political success has been matched by personal tragedy and countless challenges. Within two months of being elected in 1972, Biden lost his wife, Neilia, and his young daughter in a tragic accident—a loss that brought him to the nadir of despair and shook his resolve to stay in politics. He suffered two brain aneurysms and career-threatening gaffes and miscues. In 2015, he lost his eldest son, Beau, to brain cancer. Biden then faced the biggest challenge of his political career as the Democratic nominee for the 2020 elections and won both the electoral college and popular vote. He is now poised to enter the White House once more—this time as President—at a time of great global uncertainty. Based on exhaustive research by one of Washington's most prolific journalists, including numerous exclusive interviews with Biden's confidants and family members, as well as President Obama and the President-elect himself, Joe Biden goes beyond conventional biography to track the forces that have shaped the man who will be the next President of the United States.

$2.00 a Day: Living on Almost Nothing in America


Kathryn J. Edin - 2015
    Modonna Harris and her teenage daughter Brianna in Chicago often have no food but spoiled milk on weekends. After two decades of brilliant research on American poverty, Kathryn Edin noticed something she hadn’t seen since the mid-1990s — households surviving on virtually no income. Edin teamed with Luke Shaefer, an expert on calculating incomes of the poor, to discover that the number of American families living on $2.00 per person, per day, has skyrocketed to 1.5 million American households, including about 3 million children. Where do these families live? How did they get so desperately poor? Edin has procured rich — and truthful — interviews. Through the book’s many compelling profiles, moving and startling answers emerge. The authors illuminate a troubling trend: a low-wage labor market that increasingly fails to deliver a living wage, and a growing but hidden landscape of survival strategies among America’s extreme poor. More than a powerful exposé, $2.00 a Day delivers new evidence and new ideas to our national debate on income inequality.

Evicted: Poverty and Profit in the American City


Matthew Desmond - 2016
    Evicted transforms our understanding of poverty and economic exploitation while providing fresh ideas for solving one of 21st-century America's most devastating problems. Its unforgettable scenes of hope and loss remind us of the centrality of home, without which nothing else is possible.

Enlightened Democracy: The Case for the Electoral College


Tara Ross - 2004
    It is a sure recipe for losing respect for the institution. Media commentators are swift to dismiss the institution as outdated and elitist, an anachronism that should be replaced by a direct popular vote. In recent years, this discontent has found a voice as a well-funded, California-based effort seeks to bypass the constitutional amendment process and effectively eliminate the Electoral College through a series of state laws. Such efforts to eliminate the Electoral College are misguided, and this book shows why. Written in straightforward language, Enlightened Democracy traces the history of the Electoral College from the Constitutional Convention to the present. This second edition of the book is revised and expanded to include a new section about the National Popular Vote legislative effort. The Electoral College protects our republic and promotes our liberty. Americans should defend their unique presidential election system at all costs.

The Vanishing American Adult: Our Coming-of-Age Crisis—and How to Rebuild a Culture of Self-Reliance


Ben Sasse - 2017
    Senator Ben Sasse warns the nation about the existential threat to America's future. Raised by well-meaning but overprotective parents and coddled by well-meaning but misbegotten government programs, America's youth are ill-equipped to survive in our highly-competitive global economy. Many of the coming-of-age rituals that have defined the American experience since the Founding: learning the value of working with your hands, leaving home to start a family, becoming economically self-reliant—are being delayed or skipped altogether. The statistics are daunting: 30% of college students drop out after the first year, and only 4 in 10 graduate. One in three 18-to-34 year-olds live with their parents. From these disparate phenomena: Nebraska Senator Ben Sasse who as president of a Midwestern college observed the trials of this generation up close, sees an existential threat to the American way of life.In The Vanishing American Adult, Sasse diagnoses the causes of a generation that can't grow up and offers a path for raising children to become active and engaged citizens. He identifies core formative experiences that all young people should pursue: hard work to appreciate the benefits of labor, travel to understand deprivation and want, the power of reading, the importance of nurturing your body—and explains how parents can encourage them.Our democracy depends on responsible, contributing adults to function properly—without them America falls prey to populist demagogues. A call to arms, The Vanishing American Adult will ignite a much-needed debate about the link between the way we're raising our children and the future of our country.

The War Against Boys: How Misguided Feminism Is Harming Our Young Men


Christina Hoff Sommers - 2000
    The author who aroused a storm of debate with Who Stole Feminism? takes sexual politics to a new level in a book that demonstrates how feminist ideals and politically correct practices are putting American boys at risk.

Every Man a King: A Short, Colorful History of American Populists


Chris Stirewalt - 2018
    Whatever the ideological fad of the moment, American populism has always been home to a fascinating assortment of charismatic leaders, characters, kooks, cranks, and sometimes charlatans who have - with widely varying degrees of success - led the charge of ordinary folks who have gotten wise to the ways of the swamp. This attitude of skeptical resentment also makes populism a fertile field for the work of conspiracy theorists and other enthusiastic apostates from civic convention. After all, if the people in power are found to be rigging one part of the system, why not the rest? Every Man a King tells the stories of America's populist leaders, from an elderly Andrew Jackson brutally caning his would-be-assassin, to William Jennings Bryan's pre-speech routine that combined equally prodigious quantities of prayer and food, to Ross Perot's military-style campaign that made even volunteers wear badges with stars to show rank. It is a rollicking history of an American attitude that has shaped not only our current moment, but also the long struggle over who gets to define the truths we hold to be self evident.

San Fransicko: Why Progressives Ruin Cities


Michael Shellenberger - 2021
    Progressives claimed they knew how to solve homelessness, inequality, and crime. But in cities they control, progressives made those problems worse.Michael Shellenberger has lived in the San Francisco Bay Area for thirty years. During that time, he advocated for the decriminalization of drugs, affordable housing, and alternatives to jail and prison. But as homeless encampments spread, and overdose deaths skyrocketed, Shellenberger decided to take a closer look at the problem.What he discovered shocked him. The problems had grown worse not despite but because of progressive policies. San Francisco and other West Coast cities -- Los Angeles, Seattle, Portland -- had gone beyond merely tolerating homelessness, drug dealing, and crime to actively enabling them.San Fransicko reveals that the underlying problem isn't a lack of housing or money for social programs. The real problem is an ideology that designates some people, by identity or experience, as victims entitled to destructive behaviors. The result is an undermining of the values that make cities, and civilization itself, possible.

Democracy in One Book or Less: How It Works, Why It Doesn’t, and Why Fixing It Is Easier Than You Think


David Litt - 2020
    The democracy you live in today is different – completely different – than the democracy you were born into.Since 1980, the number of Americans legally barred from voting has more than doubled. Since the 1990s, your odds of living in a competitive Congressional district have fallen by more than half. In the twenty-first century alone, the amount of money spent on Washington lobbying has increased by more than 100 percent. Meanwhile, new rules in Congress make passing new bills nearly impossible, no matter how popular or bipartisan they are. No wonder it feels like our representatives have stopped representing us. Thanks to changes you never agreed to, and that you probably don’t even know about, your slice of power – your say in how your country is run – is smaller than it’s ever been.How did this happen? And how can we fix it before it’s too late? That’s what former Obama speechwriter David Litt set out to answer. Millions of Americans now recognize that our democracy is in trouble, and that the trouble goes beyond Trump. But too often, we’re looking in the wrong places for solutions. Voter suppression is real, but Voter ID laws aren’t tipping elections. Getting rid of bizarrely shaped districts won’t end gerrymandering. In fact, it would make gerrymandering worse. Calling for a Constitutional Amendment to overturn Citizens United is a nice gesture. But in the real world, it’s the least effective type of campaign finance reform. If We, the People, want to save our republic, we need to start by understanding it.Poking into forgotten corners of history, Litt tells the true story of how the world’s greatest experiment in democracy went awry. Translating political science into plain English, he explains how our system of government really works. Searching for solutions, he speaks to experts, office-holders, and activists nationwide. He also tries to crash a party at Mitch McConnell’s former frat house. It goes poorly.But Democracy in One Book or Less is more than just an engaging narrative. Litt provides a to-do list of meaningful, practical changes – a blueprint for restoring the balance of power in America before it’s too late.