Another Great Depression? Not quite. Noted economist and China expert Michael Pettis argues instead that we are undergoing a critical rebalancing of the world economies. Debunking popular misconceptions, Pettis shows that severe trade imbalances spurred on the recent financial crisis and were the result of unfortunate policies that distorted the savings and consumption patterns of certain nations. Pettis examines the reasons behind these destabilizing policies, and he predicts severe economic dislocations--a lost decade for China, the breaking of the Euro, and a receding of the U.S. dollar--that will have long-lasting effects.Pettis explains how China has maintained massive--but unsustainable--investment growth by artificially lowering the cost of capital. He discusses how Germany is endangering the Euro by favoring its own development at the expense of its neighbors. And he looks at how the U.S. dollar's role as the world's reserve currency burdens America's economy. Although various imbalances may seem unrelated, Pettis shows that all of them--including the U.S. consumption binge, surging debt in Europe, China's investment orgy, Japan's long stagnation, and the commodity boom in Latin America--are closely tied together, and that it will be impossible to resolve any issue without forcing a resolution for all.Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future.

    . . An engaging and accessible account.” —Publishers WeeklyIn 1820, a small group of African Americans reversed the course of centuries and sailed to Africa, to a place they would name after liberty itself. They went under the aegis of the American Colonization Society, a white philanthropic organization with a dual agenda: to rid America of its blacks and to evangelize Africa. The settlers, eventually numbering in the thousands, broke free from the ACS and, in 1847, established the Republic of Liberia.James Ciment, in his enthralling history Another America, shows that the settlers struggled to balance their high ideals with their prejudices. On the steamy shores of West Africa, they re-created the only social order they knew, that of an antebellum Dixie, with themselves as the master caste, ruling over a native population that outnumbered them twenty to one. They built plantations, held elegant dances, and worked to protect their fragile independence from the predations of foreign powers. Meanwhile, they fought, abused, and even helped to enslave the native Liberians. The persecuted became the persecutors—until a lowly native sergeant murdered their president in 1980, ending 133 years of Americo-Liberian rule and inaugurating a quarter century of civil war.Riven by caste, committed to commerce, practicing democratic and Christian ideals haphazardly, the Americo-Liberians created a history that is, to a surprising degree, the mirror image of our own.

    This model refers to a decision-making process and to the idea that military victory goes to the side that can complete the cycle from observation to action the fastest.This book aims to redress this state of affairs and re-examines John Boyd's original contribution to strategic theory. By highlighting diverse sources that shaped Boyd's thinking, and by offering a comprehensive overview of Boyd's work, this volume demonstrates that the common interpretation of the meaning of Boyd's OODA loop concept is incomplete. It also shows that Boyd's work is much more comprehensive, richer and deeper than is generally thought. With his ideas featuring in the literature on Network Centric Warfare, a key element of the US and NATO's so-called 'military transformation' programmes, as well as in the debate on Fourth Generation Warfare, Boyd continues to exert a strong influence on Western military thinking. Dr Osinga demonstrates how Boyd's work can helps us to understand the new strategic threats in the post- 9/11 world, and establishes why John Boyd should be regarded as one of the most important (post)modern strategic theorists.

    In a lucid exploration of the characteristics shared by these societies, the author examines such key elements as economic organization, politics, culture, and the role of religion. An essential introductory text for all students of history, Pre-Industrial Societies provides readers with all the necessary tools for gaining a substantial understanding of life in pre-modern times. In addition, as a perceptive insight into a lost world, italso acts as a starting point for anyone interested in the present possibilities and future challenges faced by our own global society.

    "A splendid, indeed brilliant new work by an outstanding historian of the American West." —Howard Lamar,  author of The New Encyclopedia of the American West, Sterling Professor Emeritus of History at Yale University"A thorough job...a fine book." —Larry McMurtry

    In this major work, Detlev J.K. Peukert offers a stimulating interpretation that not only places Weimar in the history of twentieth-century Germany but also reveals it as an archetype of the ambivalences and pathologies of advanced industrial society.

    From slavery to the New Deal, political parties organized around economic interests and engaged in fervent debate over the best allocation of agonizingly scarce resources. But with the explosion of the nation's economy in the years after World War II, a new set of needs began to emerge—a search for meaning and self-expression on one side, and a quest for stability and a return to traditional values on the other.In The Age of Abundance, Brink Lindsey offers a bold reinterpretation of the latter half of the twentieth century. In this sweeping history of postwar America, the tumult of racial and gender politics, the rise of the counterculture, and the conservative revolution of the 1980s and 1990s are portrayed in an entirely new light. Readers will learn how and why the contemporary ideologies of left and right emerged in response to the novel challenges of mass prosperity.The political ideas that created the culture wars, however, have now grown obsolete. As the Washington Post aptly summarized Lindsey's take on the contradictions of American politics, "Republicans want to go home to the United States of the 1950s while Democrats want to work there." Struggling to replace today's stale conflicts is a new consensus that mixes the social freedom of the left with the economic freedom of the right into a potentially powerful ethos of libertarianism. The Age of Abundance reveals the secret formula of this remarkable alchemy. The book is a breathtaking reevaluation of our recent past—and will change the way we think about the future.

    In 1961 Christopher Hill first published what has come to be acknowledged as the best concise history of the period, Century of Revolution. Stimulating, vivid and provocative, his graphic depiction of the turbulent era examines ordinary English men and women as well as kings and queens.

    This is a compelling vision of what really goes on in school and how the conventional school structure actually affects teaching and learning. The realities may be hard, but Herndon's humorous touch makes this book easy to read.

    Although imperialist power was on the rise, Douglas Porch refutes the notion that indigenous militias were easily overtaken by their European conquerors. Porch explores the rise of imperial power, and the reasons for the temporary supremacy of some of the empire builders, but he also examines why such far-flung empires ultimately proved to be unsustainable.A full exploration of the expansion and ultimate decline of imperial power, strain from conflict abroad, and the reality of the colonizers' struggling home economies. Full narration of the British army's defeats at the hands of American rebels, Afghan fighters, Indian mutineers, and the Boers. Analysis of Russia's humiliating defeat in the Caucasus, and France's defeat in Algeria, embarrassments that demonstrated the limitations of imperial power.

    And this, says the eminent historian Geoffrey Hosking, is at the heart of the Russians' dilemma today, as they grapple with the rudiments of nationhood. His book is about the Russia that never was, a three-hundred-year history of empire building at the expense of national identity.Russia begins in the sixteenth century, with the inception of one of the most extensive and diverse empires in history. Hosking shows how this undertaking, the effort of conquering, defending, and administering such a huge mixture of territories and peoples, exhausted the productive powers of the common people and enfeebled their civic institutions. Neither church nor state was able to project an image of Russian-ness that could unite elites and masses in a consciousness of belonging to the same nation. Hosking depicts two Russias, that of the gentry and of the peasantry, and reveals how the gap between them, widened by the Tsarist state's repudiation of the Orthodox messianic myth, continued to grow throughout the eighteenth and nineteenth centuries. Here we see how this myth, on which the empire was originally based, returned centuries later in the form of the revolutionary movement, which eventually swept away the Tsarist Empire but replaced it with an even more universalist one. Hosking concludes his story in 1917, but shows how the conflict he describes continues to affect Russia right up to the present day.

    Webster as he explores the fascinating and complex history of the Philadelphia State Hospital at Byberry.The Quaker City and its hospitals were pioneers in the field of mental health. Yet by the end of the nineteenth century, its institutions were crowded and patients lived in shocking conditions. The mentally ill were quartered with the dangerously criminal. By 1906, the city had purchased a vast acreage of farmland incorporated into the city, and the Philadelphia Hospital dubbed its new venture Byberry City Farms. From the start, its history was riddled with corruption and committees, investigations and inquests, appropriations and abuse. Yet it is also a story of reform and redemption, of heroes and human dignity--many dedicated staff members did their best to help patients whose mental illnesses were little understood and were stigmatized by society.

    A Sense of Where You Are, McPhee's first book, is about Bradley when he was the best basketball player Princeton had ever seen. McPhee delineates for the reader the training and techniques that made Bradley the extraordinary athlete he was, and this part of the book is a blueprint of superlative basketball. But athletic prowess alone would not explain Bradley's magnetism, which is in the quality of the man himself—his self-discipline, his rationality, and his sense of responsibility. Here is a portrait of Bradley as he was in college, before his time with the New York Knicks and his election to the U.S. Senate—a story that suggests the abundant beginnings of his professional careers in sport and politics.

    Yet it has not been an easy path; military catastrophe, political atrophy, and economic upheavals have made regular appearances from the feudal era to the present. Today, Japan is seen as a has-been with a sluggish economy, an aging population, dysfunctional politics, and a business landscape dominated by yesterday's champions. Though it is supposed to be America's strongest ally in the Asia-Pacific region, it has almost entirely disappeared from the American radar screen.In Japan and the Shackles of the Past, R. Taggart Murphy places the current troubles of Japan in a sweeping historical context, moving deftly from early feudal times to the modern age that began with the Meiji Restoration. Combining fascinating analyses of Japanese culture and society over the centuries with hard-headed accounts of Japan's numerous political regimes, Murphy not only reshapes our understanding of Japanese history, but of Japan's place in the contemporary world. He concedes that Japan has indeed been out of sight and out of mind in recent decades, but contends that this is already changing. Political and economic developments in Japan today risk upheaval in the pivotal arena of Northeast Asia, inviting comparisons with Europe on the eve of the First World War. America's half-completed effort to remake Japan in the late 1940s is unraveling, and the American foreign policy and defense establishment is directly culpable for what has happened. The one apparent exception to Japan's malaise is the vitality of its pop culture, but it's actually no exception at all; rather, it provides critical clues to what is going on now.With insights into everything from Japan's politics and economics to the texture of daily life, gender relations, the changing business landscape, and popular and high culture, Japan and the Shackles of the Past is the indispensable guide to understanding Japan in all its complexity.

    This book will be crucial reading in a time when national authorities continue to blame teachers and students for failures in education. It will help educators and parents to combat sterile attitudes toward teaching and prevent current practices from doing further harm.