America's Bank: The Epic Struggle to Create the Federal Reserve


Roger Lowenstein - 2015
    Today, the Fed is the bedrock of the financial landscape, yet the fight to create it was so protracted and divisive that it seems a small miracle that it was ever established. For nearly a century, America, alone among developed nations, refused to consider any central or organizing agency in its financial system. Americans’ mistrust of big government and of big banks—a legacy of the country’s Jeffersonian, small-government traditions—was so widespread that modernizing reform was deemed impossible. Each bank was left to stand on its own, with no central reserve or lender of last resort. The real-world consequences of this chaotic and provincial system were frequent financial panics, bank runs, money shortages, and depressions. By the first decade of the twentieth century, it had become plain that the outmoded banking system was ill equipped to finance America’s burgeoning industry. But political will for reform was lacking. It took an economic meltdown, a high-level tour of Europe, and—improbably—a conspiratorial effort by vilified captains of Wall Street to overcome popular resistance. Finally, in 1913, Congress conceived a federalist and quintessentially American solution to the conflict that had divided bankers, farmers, populists, and ordinary Americans, and enacted the landmark Federal Reserve Act.Roger Lowenstein—acclaimed financial journalist and bestselling author of When Genius Failed and The End of Wall Street—tells the drama-laden story of how America created the Federal Reserve, thereby taking its first steps onto the world stage as a global financial power. America’s Bank showcases Lowenstein at his very finest: illuminating complex financial and political issues with striking clarity, infusing the debates of our past with all the gripping immediacy of today, and painting unforgettable portraits of Gilded Age bankers, presidents, and politicians.Lowenstein focuses on the four men at the heart of the struggle to create the Federal Reserve. These were Paul Warburg, a refined, German-born financier, recently relocated to New York, who was horrified by the primitive condition of America’s finances; Rhode Island’s Nelson W. Aldrich, the reigning power broker in the U.S. Senate and an archetypal Gilded Age legislator; Carter Glass, the ambitious, if then little-known, Virginia congressman who chaired the House Banking Committee at a crucial moment of political transition; and President Woodrow Wilson, the academician-turned-progressive-politician who forced Glass to reconcile his deep-seated differences with bankers and accept the principle (anathema to southern Democrats) of federal control. Weaving together a raucous era in American politics with a storied financial crisis and intrigue at the highest levels of Washington and Wall Street, Lowenstein brings the beginnings of one of the country’s most crucial institutions to vivid and unforgettable life. Readers of this gripping historical narrative will wonder whether they’re reading about one hundred years ago or the still-seething conflicts that mark our discussions of banking and politics today.

The Georgetown Ladies' Social Club: Power, Passion, and Politics in the Nation's Capital


C. David Heymann - 2003
    David Heymann chronicles the dinner parties, correspondence, overlappings, and underpinnings of some of the most influential women in Washington's history. "The Georgetown Ladies' Social Club" -- a term coined by Ronald Reagan -- comprises a list of formidable and fascinating women, among them Katharine Graham, Lorraine Cooper, Evangeline Bruce, Pamela Harriman, and Sally Quinn. Their husbands, government officials and newsmakers among them, relied on the ladies for their sharp wit and sensitivity, refined bearings, and congeniality. In a city characteristically and traditionally controlled by men, the Georgetown wives were, in turn, afforded an abundance of behind-the-scenes political clout. Filled with intriguing and often startling insights into Washington life, from the latter days of the Kennedy and Truman administrations to the Clinton era and the advent of President George W. Bush, The Georgetown Ladies' Social Club is a compelling testament to the sex, lies, and red tape of American politics.

Unbelievable: My Front-Row Seat to the Craziest Campaign in American History


Katy Tur - 2017
    She visited forty states with the candidate, made more than 3,800 live television reports, listened to endless loops of Elton John’s "Tiny Dancer"—a Trump rally playlist staple.From day 1 to day 500, Tur documented Trump’s inconsistencies, fact-checked his falsities, and called him out on his lies. In return, Trump repeatedly singled out Tur. He tried to charm her, intimidate her, and shame her. At one point, he got a crowd so riled up against her, Secret Service agents had to walk her to her car.None of it worked. Facts are stubborn. So was Tur. She was part of the first women-led politics team in the history of network news. The Boys on the Bus became the Girls on the Plane--but the circus remained. Through all the long nights, wild scoops, naked chauvinism, dodgy staffers, and fevered debates, no one had a better view than Tur.Unbelievable is her darkly comic, fascinatingly bizarre, and often scary story of how America sent a former reality show host to the White House. It’s also the story of what it was like for Tur to be there as it happened, inside a no-rules world where reporters were spat on, demeaned, and discredited. Tur was a foreign correspondent who came home to her most foreign story of all.FROM THE RECIPIENT OF THE  2017 Walter Cronkite Award for Excellence in Journalism

How to Fight Anti-Semitism


Bari Weiss - 2019
    “Stunning . . . Bari Weiss is heroic, fearless, brilliant and big-hearted. Most importantly, she is right.”—Lisa Taddeo, #1 New York Times bestselling author of Three Women On October 27, 2018, eleven Jews were gunned down as they prayed at their synagogue in Pittsburgh. It was the deadliest attack on Jews in American history. For most Americans, the massacre at Tree of Life, the synagogue where Bari Weiss became a bat mitzvah, came as a total shock. But anti-Semitism is the oldest hatred, commonplace across the Middle East and on the rise for years in Europe. So that terrible morning in Pittsburgh raised a question Americans can no longer avoid: Could it happen here? This book is Weiss’s answer. Like many, Weiss long believed this country could escape the rising tide of anti-Semitism. But now the luckiest Jews in history are beginning to face a three-headed dragon known all too well to Jews of other times and places: the physical fear of violent assault, the moral fear of ideological vilification, and the political fear of resurgent fascism and populism. No longer the exclusive province of the far right, the far left, and assorted religious bigots, anti-Semitism now finds a home in identity politics and the reaction against identity politics, in the renewal of America First isolationism and the rise of one-world socialism, and in the spread of Islamist ideas into unlikely places. A hatred that was, until recently, reliably taboo, anti-Semitism is migrating toward the mainstream, amplified by social media and a culture of conspiracy that threatens us all. Weiss’s cri de couer is an unnerving reminder that Jews must never lose their hard-won instinct for danger, and a powerful case for renewing Jewish and American values in uncertain times from one of our most provocative writers. Not just for the sake of America’s Jews, but for the sake of America.

The Age of American Unreason


Susan Jacoby - 2008
    With mordant wit, she surveys an anti-rationalist landscape extending from pop culture to a pseudo-intellectual universe of "junk thought." Disdain for logic and evidence defines a pervasive malaise fostered by the mass media, triumphalist religious fundamentalism, mediocre public education, a dearth of fair-minded public intellectuals on the right and the left, and, above all, a lazy and credulous public.Jacoby offers an unsparing indictment of the American addiction to infotainment—from television to the Web—and cites this toxic dependency as the major element distinguishing our current age of unreason from earlier outbreaks of American anti-intellectualism and anti-rationalism. With reading on the decline and scientific and historical illiteracy on the rise, an increasingly ignorant public square is dominated by debased media-driven language and received opinion.At this critical political juncture, nothing could be more important than recognizing the "overarching crisis of memory and knowledge" described in this impassioned, tough-minded book, which challenges Americans to face the painful truth about what the flights from reason has cost us as individuals and as a nation.

Merchants of Doubt: How a Handful of Scientists Obscured the Truth on Issues from Tobacco Smoke to Global Warming


Naomi Oreskes - 2010
    scientific community has long led the world in research on such areas as public health, environmental science, and issues affecting quality of life. Our scientists have produced landmark studies on the dangers of DDT, tobacco smoke, acid rain, and global warming. But at the same time, a small yet potent subset of this community leads the world in vehement denial of these dangers.Merchants of Doubt tells the story of how a loose-knit group of high-level scientists and scientific advisers, with deep connections in politics and industry, ran effective campaigns to mislead the public and deny well-established scientific knowledge over four decades. Remarkably, the same individuals surface repeatedly—some of the same figures who have claimed that the science of global warming is "not settled" denied the truth of studies linking smoking to lung cancer, coal smoke to acid rain, and CFCs to the ozone hole. "Doubt is our product," wrote one tobacco executive. These "experts" supplied it.Naomi Oreskes and Erik M. Conway, historians of science, roll back the rug on this dark corner of the American scientific community, showing how ideology and corporate interests, aided by a too-compliant media, have skewed public understanding of some of the most pressing issues of our era.

Separated: Inside An American Tragedy


Jacob Soboroff - 2020
    NBC News and MSNBC correspondent Jacob Soboroff was among the first journalists to expose the truth of what their lives were like on the inside after seeing them firsthand. His widely shared reports in June 2018 ignited public scrutiny that contributed to the President reversing his own policy by Executive Order, and earned Soboroff the Cronkite Award for Excellence in Political Broadcast Journalism and the 2019 Hillman Prize for Broadcast Journalism.In Separated, Soboroff weaves together his own experience unexpectedly covering this national issue with other key figures in the drama he met along the way, including feuding administration officials responsible for tearing apart and then reuniting families, and the parents and children who were caught in the middle. He reveals new and exclusive details of how the policy was carried out, and how its affects are still being felt. Today, there is still not a full accounting of the total number of children the President ripped away from their parents. The exact number may never be known, only that it is in the thousands. Now the President is doubling down on draconian immigration policies, including threatening to hold migrant families indefinitely and making tens of thousands applying for asylum wait in some of Mexico’s most dangerous cities. Separated is required reading for anyone who wants to understand how Trump and his administration were able to carry out this inhumane policy, and how so many missed what was happening before it was too late. Soboroff lays out compassionately, yet in the starkest of terms, its human toll, and makes clear what is at stake in the 2020 presidential election.

How to Fool All of the People, All of the Time


John Connolly - 2016
    Donald Trump is not just some cartoon character, a guy with a comb-over and a press agent and a board game named after him; he is and always has been a real and fairly treacherous human being.In this feat of investigative journalism, John Connolly dives into Donald Trump’s financial records and finds that the real estate mogul’s most—if not only—valuable commodity is his knack for delivering scrutiny-resistant statements that blend finance, fact and fiction.How to Fool All of the People, All of the Time was originally published in Spy, April, 1991.Cover design by Adil Dara.

Strongmen: Mussolini to the Present


Ruth Ben-Ghiat - 2020
    Their mutual-admiration club also draws on models from the past. Vladimir Putin rehabilitates Soviet tyrant Joseph Stalin, Donald Trump praises Libyan despot Muammar Gaddafi, Jair Bolsonaro admires Chilean dictator Augusto Pinochet, and Recep Tayyip Erdogan invokes Adolf Hitler as the model of an efficient leader.Ruth Ben-Ghiat covers a century of authoritarianism to explain why strongman rulers in Africa, Europe, and Latin America, drawing from a common playbook of machismo, propaganda, violence, and corruption, have found popular support even as they bring ruin to their countries. The fruit of decades of research, Strongmen gives readers insight into how such rulers think, who and what they depend on, and how they can be opposed.

New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America


Burton W. Folsom Jr. - 2008
    New Deal or Raw Deal?: How FDR's Economic Legacy Has Damaged America

Fortunate Son: George W. Bush and the Making of an American President


J.H. Hatfield - 1999
    However, this single baby-boomer-style element of his legacy is overshadowed by the results of "compassionate conservatism:" a ravaged environment, growing disparity between rich and poor, Texas style cronyism, property tax reform that benefitted landlords and ignored tenants, diminished popular rights to abortion, legalization of concealed handguns despite protest from law enforcement, and finally, a stubborn refusal to approve Hate Crimes laws even after the brutal murder of James Byrd by three Texas racists in Jasper. Bush is described in Fortunate Son as being politically to the right of his father. His lack of real compassion planned a nuclear waste dump 5 miles away from the poor, Hispanic town of Sierra Blanca. Rather than grant clemency to born-again death-row inmate Karla Fay Tucker, Bush waited until the last possible moment before grand-standing in the media spotlight and again refusing to reconsider, despite the pleas of prominent religious leaders. With 54 pages of source notes, Hatfield's book is a researched, precision-cut account. It balances Bush the likeable fellow with Bush the politician America needs to get to know better.

Right-Wing Collectivism: The Other Threat to Liberty


Jeffrey Tucker - 2017
    Most people of the current generation lack a sense of the historical sweep of the intellectual side of the right-wing collectivist position. Jeffrey Tucker, in this collection written between 2015 and 2017, argues that this movement represents the revival of a tradition of interwar collectivist thought that might at first seem like a hybrid but was distinctly mainstream between the two world wars. It is anti-communist but not for the reasons that were conventional during the Cold War, that is, because communism opposed freedom in the liberal tradition.Right-collectivism also opposes traditional liberalism. It opposes free trade, freedom of association, free migration, and capitalism understood as a laissez-faire free market. It rallies around nation and state as the organizing principles of the social order—and trends in the direction of favoring one-man rule—but positions itself as opposed to leftism traditionally understood.We know about certain fascist leaders from the mid-20th century, but not the ideological orientation that led to them or the ideas they left on the table to be picked up generations later. For the most part, and until recently, it seemed to have dropped from history. Meanwhile, the prospects for social democratic ideology are fading, and something else is coming to fill that vacuum. What is it? Where does it come from? Where is it leading?This book seeks to fill the knowledge gap, to explain what this movement is about and why anyone who genuinely loves and longs for liberty classically understood needs to develop a nose and instinct for spotting the opposite when it comes in an unfamiliar form. We need to learn to recognize the language, the thinkers, the themes, the goals of a political ethos that is properly identified as fascist."Jeffrey Tucker in his brilliant book calls right-wing populism what it actually is, namely, fascism, or, in its German form national socialism, nazism. You need Tucker’s book. You need to worry. If you are a real liberal, you need to know where the new national socialism comes from, the better to call it out and shame it back into the shadows. Now."— Deirdre McCloskey

Winners Take All: The Elite Charade of Changing the World


Anand Giridharadas - 2018
    We see how they rebrand themselves as saviors of the poor; how they lavishly reward "thought leaders" who redefine "change" in winner-friendly ways; and how they constantly seek to do more good, but never less harm. We hear the limousine confessions of a celebrated foundation boss; witness an American president hem and haw about his plutocratic benefactors; and attend a cruise-ship conference where entrepreneurs celebrate their own self-interested magnanimity.Giridharadas asks hard questions: Why, for example, should our gravest problems be solved by the unelected upper crust instead of the public institutions it erodes by lobbying and dodging taxes? He also points toward an answer: Rather than rely on scraps from the winners, we must take on the grueling democratic work of building more robust, egalitarian institutions and truly changing the world. A call to action for elites and everyday citizens alike.

The Hundred-Year Marathon: China's Secret Strategy to Replace America as the Global Superpower


Michael Pillsbury - 2014
    government's leading China experts reveals the hidden strategy fueling that country's rise – and how Americans have been seduced into helping China overtake us as the world's leading superpower.For more than forty years, the United States has played an indispensable role helping the Chinese government build a booming economy, develop its scientific and military capabilities, and take its place on the world stage, in the belief that China's rise will bring us cooperation, diplomacy, and free trade. But what if the "China Dream" is to replace us, just as America replaced the British Empire, without firing a shot?Based on interviews with Chinese defectors and newly declassified, previously undisclosed national security documents, The Hundred-Year Marathon reveals China's secret strategy to supplant the United States as the world's dominant power, and to do so by 2049, the one-hundredth anniversary of the founding of the People's Republic. Michael Pillsbury, a fluent Mandarin speaker who has served in senior national security positions in the U.S. government since the days of Richard Nixon and Henry Kissinger, draws on his decades of contact with the "hawks" in China's military and intelligence agencies and translates their documents, speeches, and books to show how the teachings of traditional Chinese statecraft underpin their actions. He offers an inside look at how the Chinese really view America and its leaders – as barbarians who will be the architects of their own demise.Pillsbury also explains how the U.S. government has helped – sometimes unwittingly and sometimes deliberately – to make this "China Dream" come true, and he calls for the United States to implement a new, more competitive strategy toward China as it really is, and not as we might wish it to be. The Hundred-Year Marathon is a wake-up call as we face the greatest national security challenge of the twenty-first century.

A Libertarian Walks Into a Bear: The Utopian Plot to Liberate an American Town (And Some Bears)


Matthew Hongoltz-Hetling - 2020
    In 2004, they set their sights on Grafton, NH, a barely populated settlement with one paved road.When they descended on Grafton, public funding for pretty much everything shrank: the fire department, the library, the schoolhouse. State and federal laws became meek suggestions, scarcely heard in the town's thick wilderness.The anything-goes atmosphere soon caught the attention of Grafton's neighbors: the bears. Freedom-loving citizens ignored hunting laws and regulations on food disposal. They built a tent city in an effort to get off the grid. The bears smelled food and opportunity.A Libertarian Walks Into a Bear is the sometimes funny, sometimes terrifying tale of what happens when a government disappears into the woods. Complete with gunplay, adventure, and backstabbing politicians, this is the ultimate story of a quintessential American experiment -- to live free or die, perhaps from a bear.