9 Lessons in Brexit


Ivan Rogers - 2019
    RowlingTwo and a half years after Britain voted to leave the European Union, the political debate over Brexit seems as intense and as complicated as ever. Who and what can we trust? And how on earth do we make sense of it all?Ivan Rogers, the UK’s former ambassador to the EU, is uniquely placed to tell some home truths about the failure of the British political class and the flaws, dishonesty and confusion inherent in the UK’s approach to Brexit so far.In this short, elegant essay, Rogers draws up nine lessons that we, as a soon-to-be ‘third country’, need to learn from the last few years, if the next few years – indeed the next decade – are not to be even more painful.

How Europe Underdeveloped Africa


Walter Rodney - 1971
    Power is the ultimate determinant in human society, being basic to the relations within any group and between groups. It implies the ability to defend one's interests and if necessary to impose one’s will by any means available. In relations between peoples, the question of power determines maneuverability in bargaining, the extent to which a people survive as a physical and cultural entity. When one society finds itself forced to relinquish power entirely to another society, that in itself is a form of underdevelopment.Before a bomb ended his life in the summer of 1980, Walter Rodney had created a powerful legacy. This pivotal work, How Europe Underdeveloped Africa, had already brought a new perspective to the question of underdevelopment in Africa. his Marxist analysis went far beyond the heretofore accepted approach in the study of Third World underdevelopment. How Europe Underdeveloped Africa is an excellent introductory study for the student who wishes to better understand the dynamics of Africa’s contemporary relations with the West.

A Short History of Brexit: From Brentry to Backstop (Pelican Books)


Kevin H. O'Rourke - 2019
    But, as Kevin O'Rourke writes, Brexit did not emerge out of nowhere: it is the culmination of events that have been under way for decades and have historical roots stretching back well beyond that. Brexit has a history.O'Rourke, one of the leading economic historians of his generation, explains not only how British attitudes to Europe have evolved, but also how the EU's history explains why it operates as it does today - and how that history has shaped the ways in which it has responded to Brexit. Why are the economics, the politics and the history so tightly woven together? Crucially, he also explains why the question of the Irish border is not just one of customs and trade, but for the EU goes to the heart of what it is about. The way in which British, Irish and European histories continue to interact with each other will shape the future of Brexit - and of the continent.Calm and lucid, A Short History of Brexit rises above the usual fray of discussions to provide fresh perspectives and understanding of the most momentous political and economic change in Britain and the EU for decades.

A National Party No More: The Conscience of a Conservative Democrat


Zell Miller - 2003
    As part of a stinging critique of the Democratic Party, Miller outlines key positions on important issues that can again make the party relevant for the entire nation. From tax cuts to welfare, gun control to the environment, the arts to education, immigration to terrorism, Miller identifies values that make sense to a growing majority of Americans. Miller�s candid analysis of the campaigns of Jimmy Carter and Bill Clinton further underscores his conclusion that the Democratic Party can no longer field a serious presidential challenge. Many party loyalists will not like what Senator Miller writes; yet his credentials are beyond question, for few Democrats have worked longer or stronger for the party and its candidates. Zell Miller has served in an elective office in each of the last six decades. When he left office as governor after two terms, he had an 85 percent approval rating, prompting the Washington Post to call him the most popular governor in the country. After getting to Washington, he became President Bush�s biggest Democratic supporter, but steadfastly refused to switch parties. A National Party No More is a firsthand account from the enigmatic senator who has confounded his Democratic colleagues. Driven by conscience and common sense, Senator Miller names the self-destructive direction of his party and stubbornly pulls the Democratic family toward reform.

Historical Capitalism with Capitalist Civilization


Immanuel Wallerstein - 1983
    In developing an anatomy of capitalism over the past five centuries, Wallerstein traces those elements that have constantly changed and evolved, while giving equal attention to features of historical capitalism that have necessarily remained constant.Particular attention is focused on the emergence and development of a unified world market, and the concomitant international division of labour. Wallerstein argues forcefully, against the current of much contemporary opinion, that capitalism has brought about an actual, not merely relative, immiseration in the countries of the Third World. The economic and social problems of underdeveloped countries will remain unresolved as long as they remain located within a framework of world capitalism.Historical Capitalism, with its continuation Capitalist Civilization, is a welcome and stimulating synthesis of one of the most challenging and influential assessments of capitalism as a world-historic mode of production.

The Back Channel: A Memoir of American Diplomacy and the Case for Its Renewal


William J. Burns - 2019
    Burns is the most distinguished and admired American diplomat of his generation. Over the course of four decades, he played a central role in the most consequential diplomatic episodes of his time--from the bloodless end of the Cold War to post-Cold War relations with Putin's Russia, from post-9/11 tumult in the Middle East to the secret nuclear talks with Iran. Upon his retirement, Secretary John Kerry said Burns belonged on "the short list of American diplomatic legends, alongside George Kennan."In The Back Channel, Burns recounts with vivid detail and incisive analysis some of the seminal moments of his career. He draws on a trove of newly declassified cables and memos to give readers a rare, inside look at American diplomacy in action. His dispatches from war-torn Chechnya and Qadhafi's camp in the deserts of Libya and his searing memos warning of the "Perfect Storm" unleashed by the Iraq War will reshape our understanding of history and the policy debates of the future. Burns sketches the contours of effective American leadership in a world that resembles neither the zero-sum Cold War contest of his early years as a diplomat, nor the "unipolar moment" of American primacy that followed. Ultimately, The Back Channel is an eloquent, deeply informed, and timely story of a life spent in service of American interests abroad, as well as a powerful reminder, in a time of great turmoil, of the importance of diplomacy.

Kofi Annan: A Man of Peace in a World of War


Stanley Meisler - 2006
    The book presents a unique portrait of this widely admired leader, with Annan’s own view of events tempered and augmented by those of his allies and opponents, defenders and detractors.

Makers and Takers: The Rise of Finance and the Fall of American Business


Rana Foroohar - 2016
    Many of us know that our government failed to fix the banking system after the subprime mortgage crisis. But what few of us realize is how the misguided financial practices and philosophies that nearly toppled the global financial system have come to infiltrate ALL American businesses,  putting us on a collision course for another cataclysmic meltdown. Drawing on in-depth reporting and exclusive interviews at the highest rungs of Wall Street and Washington, Time assistant managing editor and economic columnist Rana Foroohar shows how the “financialization of America” - the trend by which finance and its way of thinking have come to reign supreme - is perpetuating Wall Street's reign over Main Street, widening the gap between rich and poor, and threatening the future of the American Dream. Policy makers get caught up in the details of regulating “Too Big To Fail” banks, but the problems in our market system go much broader and deeper than that. Consider that: · Thanks to 40 years of policy changes and bad decisions, only about 15 % of all the money in our market system actually ends up in the real economy – the rest stays within the closed loop of finance itself. · The financial sector takes a quarter of all corporate profits in this country while creating only 4 % of American jobs. · The tax code continues to favor debt over equity, making it easier for companies to hoard cash overseas rather than reinvest it on our shores. · Our biggest and most profitable corporations are investing more money in stock buybacks than in research and innovation. · And, still, the majority of the financial regulations promised after the 2008 meltdown have yet come to pass, thanks to cozy relationship between our lawmakers and the country’s wealthiest financiers.       Exploring these forces, which have have led American businesses to favor balancing-sheet engineering over the actual kind and the pursuit of short-term corporate profits over job creation, Foroohar shows how financialization has so gravely harmed our society, and why reversing this trend is of grave importance to us all. Through colorful stories of both "Takers” and "Makers,” she’ll reveal how we change the system for a better and more sustainable shared economic future.

Def Jam, Inc.: Russell Simmons, Rick Rubin, and the Extraordinary Story of the World's Most Influential Hip-Hop Label


Stacy Gueraseva - 2005
    Few could or would have predicted that the improvised raps and raw beats busting out of New York City's urban underclass would one day become a multimillion-dollar business and one of music's most lucrative genres. Among those few were two visionaries: Russell Simmons, a young black man from Hollis, Queens, and Rick Rubin, a Jewish kid from Long Island. Though the two came from different backgrounds, their all-consuming passion for hip-hop brought them together. Soon they would revolutionize the music industry with their groundbreaking label, Def Jam Records. Def Jam, Inc. traces the company's incredible rise from the NYU dorm room of nineteen-year-old Rubin (where LL Cool J was discovered on a demo tape) to the powerhouse it is today; from financial struggles and scandals-including The Beastie Boys's departure from the label and Rubin's and Simmons's eventual parting-to revealing anecdotes about artists like Slick Rick, Public Enemy, Foxy Brown, Jay-Z, and DMX. Stacy Gueraseva, former editor in chief of Russell Simmons's magazine, Oneworld, had access to the biggest players on the scene, and brings you real conversations and a behind-the-scenes look from a decade-and a company-that turned the music world upside down. She takes you back to New York in the '80s, when late-night spots such as Danceteria and Nell's were burning with young, fresh rappers, and Simmons and Rubin had nothing but a hunch that they were on to something huge. Far more than just a biography of the two men who made it happen, Def Jam, Inc. is a journey into the world of rap itself. Both an intriguing business history as well as a gritty narrative, here is the definitive book on Def Jam-a must read for any fan of hip-hop as well as all popular-culture junkies.

Moneyland: Why Thieves and Crooks Now Rule the World and How To Take It Back


Oliver Bullough - 2018
    He could buy himself a new car or build himself a nice house or give it to his friends and family, but that was about it. If he kept stealing, the money would just pile up in his house until he had no rooms left to put it in, or it was eaten by mice.And then some bankers in London had a bright idea.Join the investigative journalist Oliver Bullough on a journey into Moneyland - the secret country of the lawless, stateless superrich.Learn how the institutions of Europe and the United States have become money-laundering operations, undermining the foundations of Western stability. Discover the true cost of being open for business no matter how corrupt and dangerous the customer. Meet the kleptocrats. Meet their awful children. And find out how heroic activists around the world are fighting back.This is the story of wealth and power in the 21st century. It isn't too late to change it.

Institutions, Institutional Change and Economic Performance


Douglass C. North - 1990
    Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organizations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.)

World Without Mind: The Existential Threat of Big Tech


Franklin Foer - 2017
    Over the past few decades there has been a revolution in terms of who controls knowledge and information. This rapid change has imperiled the way we think. Without pausing to consider the cost, the world has rushed to embrace the products and services of four titanic corporations. We shop with Amazon; socialize on Facebook; turn to Apple for entertainment; and rely on Google for information. These firms sell their efficiency and purport to make the world a better place, but what they have done instead is to enable an intoxicating level of daily convenience. As these companies have expanded, marketing themselves as champions of individuality and pluralism, their algorithms have pressed us into conformity and laid waste to privacy. They have produced an unstable and narrow culture of misinformation, and put us on a path to a world without private contemplation, autonomous thought, or solitary introspection--a world without mind. In order to restore our inner lives, we must avoid being coopted by these gigantic companies, and understand the ideas that underpin their success.Elegantly tracing the intellectual history of computer science--from Descartes and the enlightenment to Alan Turing to Stuart Brand and the hippie origins of today's Silicon Valley--Foer exposes the dark underpinnings of our most idealistic dreams for technology. The corporate ambitions of Google, Facebook, Apple, and Amazon, he argues, are trampling longstanding liberal values, especially intellectual property and privacy. This is a nascent stage in the total automation and homogenization of social, political, and intellectual life. By reclaiming our private authority over how we intellectually engage with the world, we have the power to stem the tide.At stake is nothing less than who we are, and what we will become. There have been monopolists in the past but today's corporate giants have far more nefarious aims. They're monopolists who want access to every facet of our identities and influence over every corner of our decision-making. Until now few have grasped the sheer scale of the threat. Foer explains not just the looming existential crisis but the imperative of resistance.

Plutocrats: The Rise of the New Global Super Rich and the Fall of Everyone Else


Chrystia Freeland - 2012
    Forget the 1%; it's the wealthiest .01% who are fast outpacing the rest of us. Today's colossal fortunes are amassed by the diligent toiling of smart, perceptive businessmen who see themselves as deserving victors in a cutthroat international competition.  Cracking open this tight-knit world is Chrystia Freeland, an acclaimed business journalist. At ease in Davos or Dubai, Freeland has reported on the lives and minds of these new super-elites for nearly a decade. Grounding her interviews in the economics and history of modern capitalism, she provides examples of the new wealth and its consequences. She showcases the $3 million birthday party of a New York financier months before the financial meltdown; details the closed-door 2005 SEC meeting where the US government allowed investment banks to write their own regulatory laws; and tells how the Bank of Canada's Mark Carney became a key figure in the central battle between the plutocracy and the rest of us.  Brightly written and powerfully researched, Freeland's Plutocrats will be a lightning rod event in the midst of the US election season.

Understanding the European Union: A Concise Introduction (European Union)


John McCormick - 1999
    The third edition is systematically revised and updated throughout reflecting the major changes brought about by the 2004 enlargement round. It also includes a full assessment of the EU constitution, the impact of the Euro and much expanded coverage of EU policies and policy making.

A Short History of Europe: From Pericles to Putin


Simon Jenkins - 2018
    In this dazzling new history, bestselling author Simon Jenkins grippingly tells the story of its evolution from warring peoples to peace, wealth and freedom - a story that twists and turns from Greece and Rome, through the Dark Ages, the Reformation and the French Revolution, to the Second World War and up to the present day.Jenkins takes in leaders from Julius Caesar and Joan of Arc, to Wellington and Angela Merkel, as well as cultural figures from Aristotle to Shakespeare and Picasso. He brings together the transformative forces and dominant eras into one chronological tale - all with his usual insight, colour and authority.Despite the importance of Europe's politics, economy and culture, there has not been - until now - a concise book to tell this story. Covering the key events, themes and individuals, Jenkins' portrait of the continent could not be more timely - or masterful.'Full of stand-out facts ... absolutely fascinating' - Richard Bacon, BBC Radio 2, on 'A Short History of England''Masterly, perhaps a masterpiece' - Independent, Books of the Year on England's Thousand Best Churches'Jenkins is, like all good guides, more than simply informative: he can be courteous and rude, nostalgic and funny, elegant, convincing and relaxed' - Adam Nicolson on 'England's Thousand Best Houses', Evening Standard'Full of the good judgements one might hope for from such a sensible and readable commentator, and they alone are worth perusing for pleasure and food for thought' - Michael Wood on 'A Short History of England', New Statesman'Any passably cultured inhabitant of the British Isles should ask for, say, three or four copies of this book' - Max Hastings on 'England's Thousand Best Houses', Sunday Telegraph