Now revised and updated to include expanded coverage of monetary policy, this volume traces the history of macroeconomics and the evolution of macroeconomic thought and the resulting theory and policy.

    Introduction by Barry Goldwater. [adapted from jacket blurb]

    Now, America finds itself cash poor, and to a great extent power follows money. In The End of Influence, renowned economic analysts Stephen S. Cohen and J. Bradford DeLong explore the grave consequences this loss will have for America's place in the world. America, Cohen and DeLong argue, will no longer be the world's hyperpower. It will no longer wield soft cultural power or dictate a monolithic foreign policy. More damaging, though, is the blow to the world's ability to innovate economically, financially, and politically. Cohen and DeLong also explore American's complicated relationship with China, the misunderstood role of sovereign wealth funds, and the return of state-led capitalism. An essential read for anyone interested in how global economics and finance interact with national policy, The End of Influence explains the far-reaching and potentially long-lasting but little-noted consequences of our great fiscal crisis.

    Packer's father was a Kennedy-era liberal, a law professor and dean at Stanford whose convictions were sorely--and ultimately fatally--tested in the campus upheavals of the 1960s. The inheritor of two sometimes conflicting strains of the great American liberal tradition, Packer discusses the testing of ideals in the lives of his father and grandfather and his own struggle to understand the place of the progressive tradition in our currently polarized political climate. Searching, engrossing, and persuasive, this is an original, intimate examination of the meaning of politics in American lives.

    As Andrew Meier explains in this utterly compelling account, the most recent Chechen war actually broke out on New Year's Eve in 1994 when Boris Yeltsin sent hundreds of tanks to the center of the city of Grozny in an effort to quell popular demands for independence from Russia. Six years later, Meier, braving great personal danger, traveled to the scene of one of the largest civilian massacres carried out by Russian troops, reporting on the carnage in which over 60 Chechen civiliansincluding a pregnant woman and many elderlywere brutally slaughtered in one of the war's most horrific "mop-up" operations. Days after a Chechen woman became the conflict's first female suicide bomber, Meier visited this war-torn province, encountering, among others, kidnappers, Wahhabi Islamists aligned with the Taliban, and a stream of Russian mothers arriving at the morgue to identify their fallen soldier sons. Chechnya is Meier's stunning report from a region where the death toll has already exceeded 100,000 people, and a book that attempts to comprehend what compels men to shoot children in the back.

    Cohen changed Wall Street. He and his fellow pioneers of the hedge fund industry didn't lay railroads, build factories, or invent new technologies. Rather, they made their billions through speculation, by placing bets in the market that turned out to be right more often than wrong and for this, they gained not only extreme personal wealth but formidable influence throughout society. Hedge funds now oversee more than $3 trillion in assets, and the competition between them is so fierce that traders will do whatever they can to get an edge.Cohen was one of the industry's biggest success stories, the person everyone else in the business wanted to be. Born into a middle-class family on Long Island, he longed from an early age to be a star on Wall Street. He mastered poker in high school, went off to Wharton, and in 1992 launched the hedge fund SAC Capital, which he built into a $15 billion empire, almost entirely on the basis of his wizard like stock trading. He cultivated an air of mystery, reclusiveness, and excess, building a 35,000-square-foot mansion in Greenwich, Connecticut, flying to work by helicopter, and amassing one of the largest private art collections in the world. On Wall Street, Cohen was revered as a genius: one of the greatest traders who ever lived.That image was shattered when SAC Capital became the target of a sprawling, seven-year investigation, led by a determined group of FBI agents, prosecutors, and SEC enforcement attorneys. Labeled by prosecutors as a magnet for market cheaters whose culture encouraged the relentless pursuit of edge and even black edge, which is inside information SAC Capital was ultimately indicted and pleaded guilty to charges of securities and wire fraud in connection with a vast insider trading scheme, even as Cohen himself was never charged.Black Edge offers a revelatory look at the gray zone in which so much of Wall Street functions. It's a riveting, true-life legal thriller that takes readers inside the government's pursuit of Cohen and his employees, and raises urgent and troubling questions about the power and wealth of those who sit at the pinnacle of modern Wall Street.

    New Jersey Superior Court judge Nelson Johnson has been observing the underpinnings of the boardwalk scene for three decades, both as a professional and an amateur history buff. His scintillating new book traces the city's long, eventful path from birth to seaside resort to a scandal-ridden crime center and beyond. The Sopranos with salt-water taffy.

    It was a time of unregulated madness. And nowhere was it madder than in Chicago at the dawn of the Roaring Twenties. Speakeasies thrived, gang war shootings announced Al Capone’s rise to underworld domination, Chicago’s corrupt political leaders fraternized with gangsters, and the frenzy of stock market gambling was rampant. Enter a slick, smooth-talking, charismatic lawyer named Leo Koretz, who enticed hundreds of people (who should have known better) to invest as much as $30 million--upwards of $400 million today--in phantom timberland and nonexistent oil wells in Panama. When Leo’s scheme finally collapsed in 1923, he vanished, and the Chicago state’s attorney, a man whose lust for power equaled Leo’s own lust for money, began an international manhunt that lasted almost a year. When finally apprehended, Leo was living a life of luxury in Nova Scotia under the assumed identity of a book dealer and literary critic. His mysterious death in a Chicago prison topped anything in his almost-too-bizarre-to-believe life.Empire of Deception is not only an incredibly rich and detailed account of a man and an era; it’s a fascinating look at the methods of swindlers throughout history. Leo Koretz was the Bernie Madoff of his day, and Dean Jobb shows us that the dream of easy wealth is a timeless commodity.

    The authors identify 10 qualities, attributes, and skills that help to explain Lincoln's effectiveness, despite seemingly insurmountable odds:1. Implementing and sustaining a mission and vision with focused and profound clarity2. Communicating ideas effectively with precise and straightforward language3. Building a diverse and competent team to successfully address the mission4. Engendering trust, loyalty, and respect through humility, humor, and personal example5. Leading and serving with emotional intelligence and empathy6. Exercising situational competence and responding appropriately to implement effective change7. Rising beyond personal and professional trials through tenacity, persistence, resilience, and courage8. Exercising purposeful visibility9. Demonstrating personal growth and enhanced competence as a lifetime learner, willing to reflect on and expand ideas10. Believing that hope can become a realityChapters devoted to each element explore the historical record of Lincoln's life and actions, then discuss the implications for modern educators. End-of-chapter exercises provide a structure for reflection, analysis of current behaviors, and guidance for future work, so that readers can create their own path to success--inspired by the example of one of the greatest leaders of all time.

    Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people’s money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate ‘Too Big to Fail.’ That perception allows the largest financial institutions to continue to gamble with taxpayer money.

    An award-winning investigative journalist, he used his real name; In American Prison, Bauer weaves a much deeper reckoning with his experiences together with a thoroughly researched history of for-profit prisons in America from their origins in the decades before the Civil War. For, as he soon realized, we can't understand the cruelty of our current system and its place in the larger story of mass incarceration without understanding where it came from. Private prisons became entrenched in the South as part of a systemic effort to keep the African-American labor force in place in the aftermath of slavery, and the echoes of these shameful origins are with us still.

    Beginning in the 1880s, it offers a rich portrayal of the East European Jewish experience in New York, and shows how the immigrant generation tried to maintain their Yiddish culture while becoming American. It is essential reading for those interested in understanding why these forebears to many of today's American Jews made the decision to leave their homelands, the challenges these new Jewish Americans faced, and how they experienced every aspect of immigrant life in the early part of the twentieth century.This invaluable contribution to Jewish literature and culture is now back in print in a new paperback edition, which includes a new foreword by noted author and literary critic Morris Dickstein.

    As heard on Mark Levin and Glenn Beck radio. The Black middle class—saviors of the American way.Liberalism or How to Turn Good Men into Whiners, Weenies and Wimps documents the role of the 21 white, self-avowed socialist, atheist and  Marxist founders of the NAACP and their impact on the Black community’s present status at the top of our nations misery index.  It highlights the decades of anti-Black legislation supported by liberal black leaders who prioritized class over race in their zeal for the promises of socialism. Their anti-Black legislation, dating back with the 1932 Davis-Bacon Act, continues today to suppress inter-community Black capitalism, federal construction related Black employment, work and job experience for Black teenagers, quality education access for urban black children, and the role of black men as leaders within the family unit. Liberalism or How to Turn Good Men into Whiners, Weenies and Wimps highlights the strategy, used in 1910, to inject the atheist ideology of socialism into a once enterprising, self-sufficient, competitive and proud Christian black community. A portion of that community, the conservative Black middle class, is positioned to pull our nation back from this abyss.  Americans can ensure that the century-long sacrifice of lost hopes, dreams and lives made by the proud, courageous, patriotic, capitalist, Christianbased, self-sufficient, education-seeking Black community of the early 1900s was not in vain—but only if we choose to learn lessons from those past Black generations.

    It’s a fly-on-the-wall account of the titanic fight to pass a 961-page law aimed at fixing America’s largest, most dysfunctional industry. It’s a penetrating chronicle of how the profiteering that Brill first identified in his trailblazing Time magazine cover story continues, despite Obamacare. And it is the first complete, inside account of how President Obama persevered to push through the law, but then failed to deal with the staff incompetence and turf wars that crippled its implementation.   But by chance America’s Bitter Pill ends up being much more—because as Brill was completing this book, he had to undergo urgent open-heart surgery. Thus, this also becomes the story of how one patient who thinks he knows everything about healthcare “policy” rethinks it from a hospital gurney—and combines that insight with his brilliant reporting. The result: a surprising new vision of how we can fix American healthcare so that it stops draining the bank accounts of our families and our businesses, and the federal treasury. Praise for America’s Bitter Pill   “A tour de force . . . a comprehensive and suitably furious guide to the political landscape of American healthcare . . . persuasive, shocking.”—The New York Times   “An energetic, picaresque, narrative explanation of much of what has happened in the last seven years of health policy . . . [Brill] has pulled off something extraordinary.” —The New York Times Book Review   “A thunderous indictment of what Brill refers to as the ‘toxicity of our profiteer-dominated healthcare system.’ ”—Los Angeles Times  “A sweeping and spirited new book [that] chronicles the surprisingly juicy tale of reform.”—The Daily Beast  “One of the most important books of our time.”—Walter Isaacson   “Superb . . . Brill has achieved the seemingly impossible—written an exciting book about the American health system.”—The New York Review of Books

    A provocative and contrarian work—filled with great lessons from history—that challenges the pervasive notion that America is on the decline.