Austerity: The History of a Dangerous Idea
Mark Blyth - 2013
In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.
The Commission: The Uncensored History of the 9/11 Investigation
Philip Shenon - 2008
Shenon uncovers startling new information about the inner workings of the 9/11 Commission & its relationship with the Bush White House. The Commission will change the understanding of the 9/11 investigation & of the attacks themselves.
The Accidental President: Harry S. Truman and the Four Months That Changed the World
A.J. Baime - 2017
Heroes are often defined as ordinary characters who get thrust into extraordinary circumstances, and through courage and a dash of luck, cement their place in history. Chosen as FDR’s fourth-term vice president for his well-praised work ethic, good judgment, and lack of enemies, Harry S. Truman was the prototypical ordinary man, still considered an obscure Missouri politician. That is, until he was shockingly thrust in over his head after FDR's sudden death. At the climactic moments of the Second World War, Truman had to play judge and jury during the founding of the United Nations, the Potsdam Conference, the Manhattan Project, the Nazi surrender, the liberation of concentration camps, and the decision to drop the bomb and end World War II. Tightly focused, meticulously researched, and using documents not available to previous biographers, The Accidental President escorts readers into the situation room with Truman during this tumultuous, history-making 120 days, when the stakes were high and the challenges even higher.
Rendezvous with Destiny: Ronald Reagan and the Campaign That Changed America
Craig Shirley - 2008
It dramatically altered the course of American—and world—history. Reagan’s victory gave rise to a new generation of conservatism, ended liberalism’s half-century reign of dominance, reversed the second-worst economic crisis in American history, and led to the demise of the mighty Soviet Union.To write
Rendezvous with Destiny
, Shirley gained unprecedented access to 1980 campaign files and interviewed more than 150 insiders—from Reagan’s closest advisers and family members to Jimmy Carter himself. The result is the first comprehensive history of the hard-fought 1980 campaign, a gripping account that follows Reagan’s unlikely path from his bitter defeat on the floor of the 1976 Republican convention, through his underreported “wilderness years,” through grueling primary fights in which he knocked out several Republican heavyweights, through an often-nasty general election campaign complicated by the presence of a third-party candidate (not to mention the looming shadow of Ted Kennedy), to Reagan’s astounding victory on Election Night in 1980. Shirley’s years of intensive research have enabled him to relate countless untold stories—including, at long last, the solution to one of the most enduring mysteries in politics: just how Reagan’s campaign got hold of Carter’s debate briefing books.
Rendezvous with Destiny
reveals how Reagan successfully battled the headwinds of the national media, the Republican Party establishment, and even his own campaign team to become one of America’s greatest chief executives.
The Lincoln Conspiracy: The Secret Plot to Kill America's 16th President—and Why It Failed
Brad Meltzer - 2020
The conspirators were part of a pro-Southern secret society that didn’t want an anti-slavery President in the White House. They planned an elaborate scheme to assassinate the brand new President in a Baltimore train station as Lincoln’s inauguration train passed through en route to the Capital. The plot was investigated by famed detective Allan Pinkerton, who infiltrated the group with undercover agents, including one of the first female private detectives in America. Had the assassination succeeded, there would have been no Lincoln Presidency, and the course of the Civil War and American history would have forever been altered.The bestselling team that brought you The First Conspiracy now turns their attention to the story of the secret society that tried to kill Abraham Lincoln and the undercover detectives who foiled their plans.
The Quartet: Orchestrating the Second American Revolution, 1783-1789
Joseph J. Ellis - 2015
It was these men who shaped the contours of American history by diagnosing the systemic dysfunctions created by the Articles of Confederation, manipulating the political process to force a calling of the Constitutional Convention, conspiring to set the agenda in Philadelphia, orchestrating the debate in the state ratifying conventions, and, finally, drafting the Bill of Rights to assure state compliance with the constitutional settlement.
Twilight of the Elites: America After Meritocracy
Christopher L. Hayes - 2012
In the wake of the Fail Decade, Americans have historically low levels of trust in their institutions; the social contract between ordinary citizens and elites lies in tatters.How did we get here? With Twilight of the Elites, Christopher Hayes offers a radically novel answer. Since the 1960s, as the meritocracy elevated a more diverse group of men and women into power, they learned to embrace the accelerating inequality that had placed them near the very top. Their ascension heightened social distance and spawned a new American elite--one more prone to failure and corruption than any that came before it.Mixing deft political analysis, timely social commentary, and deep historical understanding, Twilight of the Elites describes how the society we have come to inhabit – utterly forgiving at the top and relentlessly punitive at the bottom – produces leaders who are out of touch with the people they have been trusted to govern. Hayes argues that the public's failure to trust the federal government, corporate America, and the media has led to a crisis of authority that threatens to engulf not just our politics but our day-to-day lives.Upending well-worn ideological and partisan categories, Hayes entirely reorients our perspective on our times. Twilight of the Elites is the defining work of social criticism for the post-bailout age.
The Very Best Men: The Daring Early Years of the CIA
Evan Thomas - 1995
Evan Thomas re-creates the personal dramas and sometimes tragic lives of Frank Wisner, Richard Bissell, Tracy Barnes, and Desmond FitzGerald, who risked everything to contain the Soviet threat.Within the inner circles of Washington, they were regarded as the best and the brightest. They planned and acted to keep the country out of war—by stealth and “political action” and to do by cunning and sleight of hand what great armies could not, must not be allowed to do. In the end, they were too idealistic and too honorable, and were unsuited for the dark, duplicitous life of spying. Their hubris and naïveté led them astray, producing both sensational coups and spectacular blunders like the Bay of Pigs and the failed assassination attempts on foreign leaders in the early 1960s. Thomas draws on the CIA's own secret histories, to which he has had exclusive access, as well as extensive interviews, to bring to life a crucial piece of American history.
Empires of Trust: How Rome Built--and America Is Building--a New World
Thomas F. Madden - 2008
Does America face the same destiny endured by ancient Rome? Is the U.S. military overextended? Does the separation of church and state strengthen or weaken a geopolitical powerhouse? Is the United States just another Empire of Conquest being corrupted by its own power? Of late, it is not only historians who have been asking these questions. Thomas Madden, an award-winning professor of history, now shows almost everything we thought we knew about Rome to be wrong, and revolutionizes our understanding of what a good world empire can be. Taking readers on a dramatic tour of the Roman Republic, a golden era before the depravities of the Caesars and late Empire, Madden uncovers a peaceful, retiring people who above all wanted to be left alone to enjoy their own families and communities, maintaining the rural traditions of their forebears. But external threats required them to establish security, which they did by creating superlative military forces and transforming defeated enemies into friends. Trust, not brutality, was the key ingredient. All other empires since have been Empires of Conquest—until now. Beginning with a Roman story strikingly parallel to the American Abu Ghraib scandal, Madden provides a much needed historical context to our burning contemporary debates. The United States can be an empire of trust, and Madden is on a mission to get pundits, candidates, and other election-year spectators—which means all of us—to recognize this profound duty.
Standing at Armageddon: The United States, 1877-1919
Nell Irvin Painter - 1987
Winner of the Letitia Brown Memorial Publication Prize.
Thirteen Days: A Memoir of the Cuban Missile Crisis
Robert F. Kennedy - 1968
Kennedy. In this unique account, he describes each of the participants during the sometimes hour-to-hour negotiations, with particular attention to the actions and views of his brother, President John F. Kennedy. In a new foreword, the distinguished historian and Kennedy adviser Arthur Schlesinger, Jr., discusses the book's enduring importance, and the significance of new information about the crisis that has come to light, especially from the Soviet Union.
The Plot to Hack America: How Putin's Cyberspies and WikiLeaks Tried to Steal the 2016 Election
Malcolm W. Nance - 2016
Clinton 2016 presidential election, this book exposed the Russian hacking while the CIA was drafting their own report. In April 2016, computer technicians at the Democratic National Committee discovered that someone had accessed the organization’s computer servers and conducted a theft that is best described as Watergate 2.0. In the weeks that followed, the nation’s top computer security experts discovered that the cyber thieves had helped themselves to everything: sensitive documents, emails, donor information, even voice mails.Soon after, the remainder of the Democratic Party machine, the congressional campaign, the Clinton campaign, and their friends and allies in the media were also hacked. Credit cards numbers, phone numbers, and contacts were stolen. In short order, the FBI found that more than twenty-five state election offices had their voter registration systems probed or attacked by the same hackers.Western intelligence agencies tracked the hack to Russian spy agencies and dubbed them the “Cyber Bears.” The media was soon flooded with the stolen information channeled through Julian Assange, the founder of WikiLeaks. It was a massive attack on America but the Russian hacks appeared to have a singular goal—elect Donald J. Trump as president of the United States.Malcolm Nance’s fast paced real-life spy thriller takes you from Vladimir Putin’s rise through the KGB from junior officer to spymaster-in-chief and spells out the story of how he performed the ultimate political manipulation—convincing Donald Trump to abandon seventy years of American foreign policy including the destruction of NATO, cheering the end of the European Union, allowing Russian domination of Eastern Europe, and destroying the existing global order with America at its lead.The Plot to Hack America is the thrilling true story of how Putin’s spy agency, run by the Russian billionaire class, used the promise of power and influence to cultivate Trump as well as his closest aides, the Kremlin Crew, to become unwitting assets of the Russian government. The goal? To put an end to 240 years of free and fair American democratic elections.
All the President's Men
Carl Bernstein - 1974
This is “the work that brought down a presidency— perhaps the most influential piece of journalism in history” (Time, All-Time 100 Best Nonfiction Books).This is the book that changed America. Published just two months before President Nixon’s resignation, All the President’s Men revealed the full scope of the Watergate scandal and introduced for the first time the mysterious “Deep Throat.” Beginning with the story of a simple burglary at Democratic headquarters and then continuing through headline after headline, Bernstein and Woodward deliver the stunning revelations and pieces in the Watergate puzzle that brought about Nixon’s shocking downfall. Their explosive reports won a Pulitzer Prize for The Washington Post, toppled the president, and have since inspired generations of reporters.All the President’s Men is a riveting detective story, capturing the exhilarating rush of the biggest presidential scandal in U.S. history as it unfolded in real time. It is, as former New York Times managing editor Gene Roberts has called it, “maybe the single greatest reporting effort of all time.”
The Road to Unfreedom: Russia, Europe, America
Timothy Snyder - 2018
Observers declared the end of history, confident in a peaceful, globalized future. But we now know this to be premature. Authoritarianism first returned in Russia, as Putin developed a political system dedicated solely to the consolidation and exercise of power. In the last six years, it has creeped from east to west as nationalism inflames Europe, abetted by Russian propaganda and cyberwarfare. While countries like Poland and Hungary have made hard turns towards authoritarianism, the electoral upsets of 2016 revealed the citizens of the US and UK in revolt against their countries' longstanding policies and values.But this threat to the West also presents an opportunity to better understand the pillars of our own political order. In this forceful and unsparing work of contemporary history, Snyder goes beyond the headlines to expose the true nature of the threat to democracy. By showcasing the stark choices before us--between equality or oligarchy, individuality or totality, truth and falsehood--Snyder restores our understanding of the basis of our way of life, offering a way forward in a time of terrible uncertainty.
The Value of Everything: Making and Taking in the Global Economy
Mariana Mazzucato - 2018
This must change to insure a capitalism that works for us all.In this scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been determined and reveals how the difference between value creation and value extraction has become increasingly blurry. Mariana Mazzucato argues that this blurriness allowed certain actors in the economy to portray themselves as value creators, while in reality they were just moving existing value around or, even worse, destroying it.The book uses case studies - from Silicon Valley to the financial sector to big pharma - to show how the foggy notions of value create confusion between rents and profits, a difference that distorts the measurements of growth and GDP.The lesson here is urgent and sobering: to rescue our economy from the next, inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.