To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite?In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.

    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.

    In his most widely appealing book yet, one of today's leading authors of popular anthropology looks at the intriguing history and peculiar nature of money, tracing our relationship with it from the time when primitive men exchanged cowrie shells to the imminent arrival of the all-purpose electronic cash card.

    (The New York Times).From a master chronicler of legal and financial misconduct, a magnificent investigation nine years in the making, this book traces the political intrigue and inner workings of the Catholic Church. Decidedly not about faith, belief in God, or religious doctrine, this book is about the church's accumulation of wealth and its byzantine entanglements with financial markets across the world. Told through 200 years of prelates, bishops, cardinals, and the Popes who oversee it all, Gerald Posner uncovers an eyebrow-raising account of money and power in perhaps the most influential organization in the history of the world.God's Bankers has it all: a rare expose and an astounding saga marked by poisoned business titans, murdered prosecutors, mysterious deaths of private investigators, and questionable suicides; a carnival of characters from Popes and cardinals, financiers and mobsters, kings and prime ministers; and a set of moral and political circumstances that clarify not only the church's aims and ambitions, but reflect the larger dilemmas of the world's more recent history. And Posner even looks to the future to surmise if Pope Francis can succeed where all his predecessors failed: to overcome the resistance to change in the Vatican's Machiavellian inner court and to rein in the excesses of its seemingly uncontrollable financial quagmire. Part thriller, part financial tell-all, this book shows with extraordinary precision how the Vatican has evolved from a foundation of faith to a corporation of extreme wealth and power.

    Perhaps most surprisingly, Pomeranz demonstrates that the Chinese and Japanese cores were no worse off ecologically than Western Europe. Core areas throughout the eighteenth-century Old World faced comparable local shortages of land-intensive products, shortages that were only partly resolved by trade.Pomeranz argues that Europe's nineteenth-century divergence from the Old World owes much to the fortunate location of coal, which substituted for timber. This made Europe's failure to use its land intensively much less of a problem, while allowing growth in energy-intensive industries. Another crucial difference that he notes has to do with trade. Fortuitous global conjunctures made the Americas a greater source of needed primary products for Europe than any Asian periphery. This allowed Northwest Europe to grow dramatically in population, specialize further in manufactures, and remove labor from the land, using increased imports rather than maximizing yields. Together, coal and the New World allowed Europe to grow along resource-intensive, labor-saving paths.Meanwhile, Asia hit a cul-de-sac. Although the East Asian hinterlands boomed after 1750, both in population and in manufacturing, this growth prevented these peripheral regions from exporting vital resources to the cloth-producing Yangzi Delta. As a result, growth in the core of East Asia's economy essentially stopped, and what growth did exist was forced along labor-intensive, resource-saving paths--paths Europe could have been forced down, too, had it not been for favorable resource stocks from underground and overseas.

    This book, written by one of the world’s leading experts on Sparta, traces the rise and fall of Spartan society and explores the tremendous influence the Spartans had on their world and even on ours. Paul Cartledge brings to life figures like legendary founding father Lycurgus and King Leonidas, who embodied the heroism so closely identified with this unique culture, and he shows how Spartan women enjoyed an unusually dominant and powerful role in this hyper-masculine society. Based firmly on original sources, The Spartans is the definitive book about one of the most fascinating cultures of ancient Greece.

    He explains how the mafia began, how it responds to threats and challenges, and introduces us to the real-life characters that inspired the American imagination for generations, making the mafia an international, larger than life cultural phenomenon. Dickie's dazzling cast of characters includes Antonio Giammona, the first "boss of bosses''; New York cop Joe Petrosino, who underestimated the Sicilian mafia and paid for it with his life; and Bernard "the Tractor" Provenzano, the current boss of bosses who has been hiding in Sicily since 1963.

    It will be a brave, not to say foolhardy, author who attempts to write another life of Churchill for at least a decade, perhaps longer."--Andrew Roberts, Sunday Telegraph Roy Jenkins combines unparalleled command of British political history and his own high-level government experience in a narrative account of Churchill's astounding career that is unmatched in its shrewd insights, its unforgettable anecdotes, the clarity of its overarching themes, and the author's nuanced appreciation of his extraordinary subject.Exceptional in its breadth of knowledge and distinguished in its stylish wit and penetrating intelligence, Churchill is one of the finest political biographies of our time.

    From the beginning of the nineteenth century to the Russian Revolution, the tsarist regime exiled more than one million prisoners and their families beyond the Ural Mountains to Siberia.Daniel Beer's new book, The House of the Dead, brings to life both the brutal realities of an inhuman system and the tragic and inspiring fates of those who endured it. This is the vividly told history of common criminals and political radicals, the victims of serfdom and village politics, the wives and children who followed husbands and fathers, and of fugitives and bounty-hunters.Siberia served two masters: colonisation and punishment. In theory, exiles would discover the virtues of self-reliance, abstinence and hard work and, in so doing, they would develop Siberia's natural riches and bind it more firmly to Russia. In reality, the autocracy banished an army not of hardy colonists but of half-starving, desperate vagabonds. The tsars also looked on Siberia as creating the ultimate political quarantine from the contagions of revolution. Generations of rebels - republicans, nationalists and socialists - were condemned to oblivion thousands of kilometres from European Russia. Over the nineteenth century, however, these political exiles transformed Siberia's mines, prisons and remote settlements into an enormous laboratory of revolution.This masterly work of original research taps a mass of almost unknown primary evidence held in Russian and Siberian archives to tell the epic story both of Russia's struggle to govern its monstrous penal colony and Siberia's ultimate, decisive impact on the political forces of the modern world.

    And thirty years later, if you're going to read only one book on Watergate, that's still the one. Today, Enron is the biggest business story of our time, and Fortune senior writers Bethany McLean and Peter Elkind are the new Woodward and Bernstein.Remarkably, it was just two years ago that Enron was thought to epitomize a great New Economy company, with its skyrocketing profits and share price. But that was before Fortune published an article by McLean that asked a seemingly innocent question: How exactly does Enron make money? From that point on, Enron's house of cards began to crumble. Now, McLean and Elkind have investigated much deeper, to offer the definitive book about the Enron scandal and the fascinating people behind it.Meticulously researched and character driven, Smartest Guys in the Room takes the reader deep into Enron's past—and behind the closed doors of private meetings. Drawing on a wide range of unique sources, the book follows Enron's rise from obscurity to the top of the business world to its disastrous demise. It reveals as never before major characters such as Ken Lay, Jeff Skilling, and Andy Fastow, as well as lesser known players like Cliff Baxter and Rebecca Mark. Smartest Guys in the Room is a story of greed, arrogance, and deceit—a microcosm of all that is wrong with American business today. Above all, it's a fascinating human drama that will prove to be the authoritative account of the Enron scandal.

    One's first steps are always small: I had begun by hiding food under a fence."Through this intimate and compelling memoir, we are witness to the growth of a hero. Irene Gut was just a girl when the war began: seventeen, a Polish patriot, a student nurse, a good Catholic girl. As the war progressed, the soldiers of two countries stripped her of all she loved -- her family, her home, her innocence -- but the degradations only strengthened her will.She began to fight back. Irene was forced to work for the German Army, but her blond hair, her blue eyes, and her youth bought her the relatively safe job of waitress in an officers' dining room. She would use this Aryan mask as both a shield and a sword: She picked up snatches of conversation along with the Nazis' dirty dishes and passed the information to Jews in the ghetto. She raided the German Warenhaus for food and blankets. She smuggled people from the work camp into the forest. And, when she was made the housekeeper of a Nazi major, she successfully hid twelve Jews in the basement of his home until the Germans' defeat.This young woman was determined to deliver her friends from evil. It was as simple and as impossible as that.

    This biography by Brigitte Hamann reveals the truth of a complex and touching, curiously modern personality, her refusals to conform, escaping to a life of her own, filled with literature, ideas and the new political passions of the age.This edition is a translation into English from the original German by Ruth Hein.

    Here, author Patrick Wyman examines two complementary and contradictory sides of the same historical coin: the world-altering implications of the developments of printed mass media, extreme taxation, exploitative globalization, humanistic learning, gunpowder warfare, and mass religious conflict in the long term, and their intensely disruptive consequences in the short-term.As told through the lives of ten real people—from famous figures like Christopher Columbus and wealthy banker Jakob Fugger to a ruthless small-time merchant and a one-armed mercenary captain—The Verge illustrates how their lives, and the times in which they lived, set the stage for an unprecedented globalized future.Over an intense forty-year period, the seeds for the so-called "Great Divergence" between Western Europe and the rest of the globe would be planted. From Columbus's voyage across the Atlantic to Martin Luther's sparking the Protestant Reformation, the foundations of our own, recognizably modern world came into being.For the past 500 years, historians, economists, and the policy-oriented have argued which of these individual developments best explains the West's rise from backwater periphery to global dominance. As The Verge presents it, however, the answer is far more nuanced.

    But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.

    He personally commanded his army in war after war with such supreme skill that he became acclaimed as the greatest soldier of his time. Fraser, himself a noted general and the author of a bestselling biography of Erwin Rommel, places Frederick's life as a soldier at the center of this immaculately researched book, allowing us to understand his strengths and weaknesses in the field more completely than in any previous biography. Fraser not only brings to these pages the authentic smell of battle but also offers a sweeping account of strategy and maneuver, of psychology, morale, and the impact of victory and defeat on both the victors and the vanquished. But he also knows how to view military action in the context of eighteenth-century European diplomacy and the ever-shifting balance of the various political forces shaping the history of the period. Fraser's spellbinding account is a full-scale portrait of an enigmatic historical figure, rendered with subtlety and infectious spirit.