Book picks similar to
Age of Betrayal: The Triumph of Money in America, 1865-1900 by Jack Beatty
history
non-fiction
economics
american-history
The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War
Robert J. Gordon - 2016
Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
The Summer of 1787: The Men Who Invented the Constitution
David O. Stewart - 2007
The Summer of 1787 takes us into the sweltering room in which delegates struggled for four months to produce the flawed but enduring document that would define the nation -- then and now. George Washington presided, James Madison kept the notes, Benjamin Franklin offered wisdom and humor at crucial times. The Summer of 1787 traces the struggles within the Philadelphia Convention as the delegates hammered out the charter for the world's first constitutional democracy. Relying on the words of the delegates themselves to explore the Convention's sharp conflicts and hard bargaining, David O. Stewart lays out the passions and contradictions of the often painful process of writing the Constitution. It was a desperate balancing act. Revolutionary principles required that the people have power, but could the people be trusted? Would a stronger central government leave room for the states? Would the small states accept a Congress in which seats were alloted according to population rather than to each sovereign state? And what of slavery? The supercharged debates over America's original sin led to the most creative and most disappointing political deals of the Convention. The room was crowded with colorful and passionate characters, some known -- Alexander Hamilton, Gouverneur Morris, Edmund Randolph -- and others largely forgotten. At different points during that sultry summer, more than half of the delegates threatened to walk out, and some actually did, but Washington's quiet leadership and the delegates' inspired compromises held the Convention together. In a country continually arguing over the document's original intent, it is fascinating to watch these powerful characters struggle toward consensus -- often reluctantly -- to write a flawed but living and breathing document that could evolve with the nation.
The Economists' Hour: False Prophets, Free Markets, and the Fracture of Society
Binyamin Appelbaum - 2019
In the four decades between 1969 and 2008, these economists played a leading role in reshaping taxation and public spending and clearing the way for globalization. They reshaped the government's approach to regulation, assigning a value to human life to determine which rules are worthwhile. Economists even convinced President Nixon to end military conscription.The United States was the epicenter of the intellectual ferment, but the embrace of markets was a global phenomenon, seizing the imagination of politicians in countries including the United Kingdom, Chile and New Zealand.This book is also a reckoning. The revolution failed to deliver on its central promise of increased prosperity. In the United States, growth has slowed in every successive decade since the 1960s. And the cost of the failure was steep. Policymakers traded well-paid jobs for low-cost electronics; the loss of work weakened the fabric of society and of democracy. Soaring inequality extends far beyond incomes: Life expectancy for less affluent Americans has declined in recent years. And the focus on efficiency has come at the expense of the future: Lower taxes instead of education and infrastructure; limited environmental regulation as oceans rise and California burns.
Only One Thing Can Save Us: Why America Needs a New Kind of Labor Movement
Thomas Geoghegan - 2012
Geoghegan makes his argument for labor with stories, sometimes humorous but more often chilling, about the problems working people like his own clients—from cabdrivers to schoolteachers—now face, increasingly powerless in our union-free economy. He explains why a new kind of labor movement (and not just more higher education) is the real program the Democrats should push—not just to save the middle class from bankruptcy but to revive Keynes’s original and sometimes forgotten ideas for getting the rich to invest and reducing our balance of trade, and to promote John Dewey’s vision of a “democratic way of life,” one that would start in the schools and continue in our places of work.A “public policy” book that is compulsively readable, Only One Thing Can Save Us is vintage Geoghegan, blending acerbic, witty commentary with unparalleled insight into the real dynamics (and human experience) of working in America today.
Adam Smith: An Enlightened Life
Nicholas Phillipson - 2010
Yet Smith saw himself primarily as a philosopher rather than an economist and would never have predicted that the ideas for which he is now best known were his most important. This biography shows the extent to which Smith's great works, The Wealth of Nations and The Theory of Moral Sentiments, were part of one of the most ambitious projects of the Euruopean Enlightenment, a grand “Science of Man" that would encompass law, history, and aesthetics as well as economics and ethics, and which was only half complete on Smith’s death in 1790.Nick Phillipson reconstructs Smith’s intellectual ancestry and shows what Smith took from, and what he gave to, in the rapidly changing intellectual and commercial cultures of Glasgow and Edinburgh as they entered the great years of the Scottish Enlightenment. Above all he explains how far Smith’s ideas developed in dialogue with those of his closest friend, the other titan of the age, David Hume.
A Consumers' Republic: The Politics of Mass Consumption in Postwar America
Lizabeth Cohen - 2003
Material goods came to embody the promise of America, and the power of consumers to purchase everything from vacuum cleaners to convertibles gave rise to the power of citizens to purchase political influence and effect social change. Yet despite undeniable successes and unprecedented affluence, mass consumption also fostered economic inequality and the fracturing of society along gender, class, and racial lines. In charting the complex legacy of our “Consumers’ Republic” Lizabeth Cohen has written a bold, encompassing, and profoundly influential book.
Pity the Billionaire: The Hard-Times Swindle and the Unlikely Comeback of the Right
Thomas Frank - 2012
But when Thomas Frank set out in 2009 to look for expressions of American discontent, all he found were loud demands that the economic system be made even harsher on the recession's victims and that society's traditional winners receive even grander prizes. The American Right, which had seemed moribund after the election of 2008, had been reinvigorated by the arrival of hard times. The Tea Party movement demanded not that we question the failed system but that we reaffirm our commitment to it as Republicans in Congress took the opportunity to dismantle what they could of the remaining liberal state and Glenn Beck demonstrated the commercial potential of fueling the national angst, while each promoted the libertarian/Randian economics which arch Randian, Alan Greenspan, had already admitted produced exactly the opposite results than those expected.In Pity the Billionaire, Frank, the chronicler of American paradox, examines the peculiar mechanism by which dire economic circumstances have delivered the current set of seemingly unexpected political results. Using firsthand reporting, a deep knowledge of the American Right, and a wicked sense of humor, he gives us a diagnosis of the cultural malady that has transformed collapse into profit, reconceived the Founding Fathers as heroes from an Ayn Rand novel, and enlisted the powerless in a fan club for the prosperous.
Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America
Charles Ferguson - 2012
Ferguson, who electrified the world with his Oscar-winning documentary
Inside Job
, now explains how a predator elite took over the country, step by step, and he exposes the networks of academic, financial, and political influence, in all recent administrations, that prepared the predators’ path to conquest. Over the last several decades, the United States has undergone one of the most radical social and economic transformations in its history. · Finance has become America’s dominant industry, while manufacturing, even for high technology industries, has nearly disappeared. · The financial sector has become increasingly criminalized, with the widespread fraud that caused the housing bubble going completely unpunished. · Federal tax collections as a share of GDP are at their lowest level in sixty years, with the wealthy and highly profitable corporations enjoying the greatest tax reductions. · Most shockingly, the United States, so long the beacon of opportunity for the ambitious poor, has become one of the world’s most unequal and unfair societies. If you’re smart and a hard worker, but your parents aren’t rich, you’re now better off being born in Munich, Germany or in Singapore than in Cleveland, Ohio or New York. This radical shift did not happen by accident. Ferguson shows how, since the Reagan administration in the 1980s, both major political parties have become captives of the moneyed elite. It was the Clinton administration that dismantled the regulatory controls that protected the average citizen from avaricious financiers. It was the Bush team that destroyed the federal revenue base with its grotesquely skewed tax cuts for the rich. And it is the Obama White House that has allowed financial criminals to continue to operate unchecked, even after supposed “reforms” installed after the collapse of 2008.
Predator Nation
reveals how once-revered figures like Alan Greenspan and Larry Summers became mere courtiers to the elite. Based on many newly released court filings, it details the extent of the crimes—there is no other word—committed in the frenzied chase for wealth that caused the financial crisis. And, finally, it lays out a plan of action for how we might take back our country and the American dream.
Goldwater
Barry M. Goldwater - 1988
Great reading!--New York Times.
Case Closed: Lee Harvey Oswald and the Assassination of JFK
Gerald Posner - 1993
Kennedy on November 22, 1963, continues to inspire interest ranging from well-meaning speculation to bizarre conspiracy theories and controversial filmmaking. But in this landmark book, reissued with a new afterword for the 40th anniversary of the assassination, Gerald Posner examines all of the available evidence and reaches the only possible conclusion: Lee Harvey Oswald acted alone. There was no second gunman on the grassy knoll. The CIA was not involved. And although more than four million pages of documents have been released since Posner first made his case, they have served only to corroborate his findings. Case Closed remains the classic account against which all books about JFK's death must be measured.
Crashed: How a Decade of Financial Crises Changed the World
Adam Tooze - 2018
In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump.It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes: the haphazard nature of economic development and the erratic path of debt around the world; the unseen way individual countries and regions are linked together in deeply unequal relationships through financial interdependence, investment, politics, and force; the ways the financial crisis interacted with the spectacular rise of social media, the crisis of middle-class America, the rise of China, and global struggles over fossil fuels.Finally, Tooze asks, given this history, what now are the prospects for a liberal, stable, and coherent world order?
When the Astors Owned New York: Blue Bloods & Grand Hotels in a Gilded Age
Justin Kaplan - 2006
William Waldorf Astor (born 1848) and his cousin John Jacob Astor IV (born 1864) led incomparably privileged lives in the blaze of public attention. Novelist, sportsman, and inventor, John Jacob went down with the Titanic, after turbulent marital adventures and service in the Spanish-American War. Collector of art, antiquities, and stately homes, William Waldorf became a British subject and acquired the title of Viscount Astor. In New York during the 1890s and after, the two feuding Astors built monumental grand hotels, chief among them the original Waldorf-Astoria on lower Fifth Avenue. The Astor hotels transformed social behavior. Home of the chafing dish and the velvet rope, the Waldorf-Astoria drew the rich, famous, and fashionable. It was the setting for the most notorious society event of the era—a costume extravaganza put on by its hosts during a time of widespread need and unemployment. The celebrity-packed lobbies, public rooms, lavish suites, and exclusive restaurants of the grand hotels became distinctive theaters of modern life.
The Road to Disunion: Volume II: Secessionists Triumphant, 1854-1861
William W. Freehling - 2007
Freehling offers a new answer, in the final volume of his monumental history The Road to Disunion. Here is history in the grand manner, a powerful narrative peopled with dozens of memorable portraits, telling this important story with skill and relish. Freehling highlights all the key moments on the road to war, including the violence in Bleeding Kansas, Preston Brooks's beating of Charles Sumner in the Senate chambers, the Dred Scott Decision, John Brown's raid on Harper's Ferry, and much more. As Freehling shows, the election of Abraham Lincoln sparked a political crisis, but at first most Southerners took a cautious approach, willing to wait and see what Lincoln would do--especially, whether he would take any antagonistic measures against the South. But at this moment, the extreme fringe in the South took charge, first in South Carolina and Mississippi, but then throughout the lower South, sounding the drum roll for secession. Indeed, The Road to Disunion is the first book to fully document how this decided minority of Southern hotspurs took hold of the secessionist issue and, aided by a series of fortuitous events, drove the South out of the Union. Freehling provides compelling profiles of the leaders of this movement--many of them members of the South Carolina elite. Throughout the narrative, he evokes a world of fascinating characters and places as he captures the drama of one of America's most important--and least understood--stories. The long-awaited sequel to the award-winning Secessionists at Bay, which was hailed as "the most important history of the Old South ever published," this volume concludes a major contribution to our understanding of the Civil War. A compelling, vivid portrait of the final years of the antebellum South, The Road to Disunion will stand as an important history of its subject.
Don't Know Much about History: Everything You Need to Know about American History But Never Learned
Kenneth C. Davis - 1990
In this updated edition of the classic anti-textbook, he debunks, recounts, and serves up the real story behind the myths and fallacies of American history.
Coming to America: A History of Immigration and Ethnicity in American Life
Roger Daniels - 2002
With a timely new chapter on immigration in the current age of globalization, a new Preface, and new appendixes with the most recent statistics, this revised edition is an engrossing study of immigration to the United States from the colonial era to the present.