Misbehaving: The Making of Behavioral Economics


Richard H. Thaler - 2016
    Thaler has spent his career studying the radical notion that the central agents in the economy are humans—predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth—and change the way we think about economics, ourselves, and our world.Traditional economics assumes rational actors. Early in his research, Thaler realized these Spock-like automatons were nothing like real people. Whether buying a clock radio, selling basketball tickets, or applying for a mortgage, we all succumb to biases and make decisions that deviate from the standards of rationality assumed by economists. In other words, we misbehave. More importantly, our misbehavior has serious consequences. Dismissed at first by economists as an amusing sideshow, the study of human miscalculations and their effects on markets now drives efforts to make better decisions in our lives, our businesses, and our governments.Coupling recent discoveries in human psychology with a practical understanding of incentives and market behavior, Thaler enlightens readers about how to make smarter decisions in an increasingly mystifying world. He reveals how behavioral economic analysis opens up new ways to look at everything from household finance to assigning faculty offices in a new building, to TV game shows, the NFL draft, and businesses like Uber.Laced with antic stories of Thaler’s spirited battles with the bastions of traditional economic thinking, Misbehaving is a singular look into profound human foibles. When economics meets psychology, the implications for individuals, managers, and policy makers are both profound and entertaining.

Hitler's Willing Executioners: Ordinary Germans and the Holocaust


Daniel Jonah Goldhagen - 1996
    Hitler's Willing Executioners provides conclusive evidence that the extermination of European Jewry engaged the energies and enthusiasm of tens of thousands of ordinary Germans. Goldhagen reconstructs the climate of "eliminationist anti-Semitism" that made Hitler's pursuit of his genocidal goals possible and the radical persecution of the Jews during the 1930s popular. Drawing on a wealth of unused archival material, principally the testimony of the killers themselves, Goldhagen takes us into the killing fields where Germans voluntarily hunted Jews like animals, tortured them wantonly, and then posed cheerfully for snapshots with their victims. From mobile killing units to the camps to the death marches, Goldhagen shows how ordinary Germans, nurtured in a society where Jews were seen as unalterable evil and dangerous, willingly followed their beliefs to their logical conclusion."Hitler's Willing Executioners is an original, indeed brilliant contribution to the...literature on the Holocaust."--New York Review of Books"The most important book ever published about the Holocaust...Eloquently written, meticulously documented, impassioned...A model of moral and scholarly integrity."--Philadelphia Inquirer

Black Earth: The Holocaust as History and Warning


Timothy Snyder - 2015
    Based on new sources from eastern Europe and forgotten testimonies from Jewish survivors, Black Earth recounts the mass murder of the Jews as an event that is still close to us, more comprehensible than we would like to think, and thus all the more terrifying.The Holocaust began in a dark but accessible place, in Hitler's mind, with the thought that the elimination of Jews would restore balance to the planet and allow Germans to win the resources they desperately needed. Such a worldview could be realized only if Germany destroyed other states, so Hitler's aim was a colonial war in Europe itself. In the zones of statelessness, almost all Jews died. A few people, the righteous few, aided them, without support from institutions. Much of the new research in this book is devoted to understanding these extraordinary individuals. The almost insurmountable difficulties they faced only confirm the dangers of state destruction and ecological panic. These men and women should be emulated, but in similar circumstances few of us would do so.  By overlooking the lessons of the Holocaust, Snyder concludes, we have misunderstood modernity and endangered the future. The early twenty-first century is coming to resemble the early twentieth, as growing preoccupations with food and water accompany ideological challenges to global order. Our world is closer to Hitler's than we like to admit, and saving it requires us to see the Holocaust as it was -- and ourselves as we are.  Groundbreaking, authoritative, and utterly absorbing, Black Earth reveals a Holocaust that is not only history but warning.

Martin Luther: The Man Who Rediscovered God and Changed the World


Eric Metaxas - 2017
    Five hundred years after Luther’s now famous Ninety-five Theses appeared, Eric Metaxas, acclaimed biographer of the bestselling Bonhoeffer: Pastor, Martyr, Prophet, Spy and Amazing Grace: William Wilberforce and the Heroic Campaign to End Slavery, paints a startling portrait of the wild figure whose adamantine faith cracked the edifice of Western Christendom and dragged medieval Europe into the future. Written in riveting prose and impeccably researched, Martin Luther tells the searing tale of a humble man who, by bringing ugly truths to the highest seats of power, caused the explosion whose sound is still ringing in our ears. Luther’s monumental faith and courage gave birth to the ideals of liberty, equality, and individualism that today lie at the heart of all modern life.

Berlin


David Clay Large - 2000
    At the same time, Berlin has also been a dynamic center of artistic and intellectual innovation. If Paris was the "Capital of the Nineteenth Century," Berlin was to become the signature city for the next hundred years. Once a symbol of modernity, in the Thirties it became associated with injustice and the abuse of power. After 1945, it became the iconic City of the Cold War. Since the fall of the Wall, Berlin has again come to represent humanity's aspirations for a new beginning, tempered by caution deriving from the traumas of the recent past. David Clay Large's definitive history of Berlin is framed by the two German unifications of 1871 and 1990. Between these two events several themes run like a thread through the city's history: a persistent inferiority complex; a distrust among many ordinary Germans, and the national leadership of the "unloved city's" electric atmosphere, fast tempo, and tradition of unruliness; its status as a magnet for immigrants, artists, intellectuals, and the young; the opening up of social, economic, and ethnic divisions as sharp as the one created by the Wall.

Napoleon and Hitler


Desmond Seward - 1989
    First published in 1992.

Currency Wars: The Making of the Next Global Crisis


James Rickards - 2011
    dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon.Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008.Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict.As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself.Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas.While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.

A Treasury of Royal Scandals: The Shocking True Stories of History's Wickedest, Weirdest, Most Wanton Kings, Queens, Tsars, Popes, and Emperors


Michael Farquhar - 2001
    From ancient Rome to Edwardian England, from the lavish rooms of Versailles to the dankest corners of the Bastille, the great royals of Europe have excelled at savage parenting, deadly rivalry, pathological lust, and meeting death with the utmost indignity-or just very bad luck.

Amsterdam: A History of the World's Most Liberal City


Russell Shorto - 2013
    But the deeper history of Amsterdam, what makes it one of the most fascinating places on earth, is bound up in its unique geography-the constant battle of its citizens to keep the sea at bay and the democratic philosophy that this enduring struggle fostered. Amsterdam is the font of liberalism, in both its senses. Tolerance for free thinking and free love make it a place where, in the words of one of its mayors, "craziness is a value." But the city also fostered the deeper meaning of liberalism, one that profoundly influenced America: political and economic freedom. Amsterdam was home not only to religious dissidents and radical thinkers but to the world's first great global corporation. In this effortlessly erudite account, Russell Shorto traces the idiosyncratic evolution of Amsterdam, showing how such disparate elements as herring anatomy, naked Anabaptists parading through the streets, and an intimate gathering in a sixteenth-century wine-tasting room had a profound effect on Dutch-and world-history. Weaving in his own experiences of his adopted home, Shorto provides an ever-surprising, intellectually engaging story of Amsterdam from the building of its first canals in the 1300s, through its brutal struggle for independence, its golden age as a vast empire, to its complex present in which its cherished ideals of liberalism are under siege.

Lafayette


Harlow Giles Unger - 2002
    Unger's book exceptionally well done. It's an admirable account of the marquis's two revolutions-one might even say his two lives-the French and the American. It also captures the private Lafayette and his remarkable wife, Adrienne, in often moving detail." -Thomas Fleming, author, Liberty!: The American Revolution"Harlow Unger's Lafayette is a remarkable and dramatic account of a life as fully lived as it is possible to imagine, that of Gilbert de Motier, marquis de Lafayette. To American readers Unger's biography will provide a stark reminder of just how near run a thing was our War of Independence and the degree to which our forefathers' victory hinged on the help of our French allies, marshalled for George Washington by his 'adopted' son, Lafayette. But even more absorbing and much less well known to the general reader will be Unger's account of Lafayette's idealistic but naive efforts to plant the fruits of the American democracy he so admired in the unreceptive soil of his homeland. His inspired oratory produced not the constitutional democracy he sought but the bloody Jacobin excesses of the French Revolution."-Larry Collins, coauthor, Is Paris Burning? and O Jerusalem!"A lively and entertaining portrait of one of the most important supporting actors in the two revolutions that transformed the modern world."-Susan Dunn, author, Sister Revolutions: French Lightning, American Light"Harlow Unger has cornered the market on muses to emerge as America's most readable historian. His new biography of the marquis de Lafayette combines a thoroughgoing account of the age of revolution, a probing psychological study of a complex man, and a literary style that goes down like cream. A worthy successor to his splendid biography of Noah Webster."-Florence King, Contributing Editor, National Review"Enlightening! The picture of Lafayette's life is a window to eighteenth- and nineteenth-century history."-Michel Aubert La Fayette

17 Carnations: The Royals, the Nazis and the Biggest Cover-Up in History


Andrew Morton - 2015
    However, the full story of the couple's links with the German aristocracy and Hitler has until now remained untold.Meticulously researched, 17 Carnations chronicles this entanglement, starting with Hitler's early attempts to matchmake between Edward and a German noblewoman. While the German foreign minister sent Simpson seventeen carnations daily, each one representing a night they had spent together, she and the Duke of Windsor corresponded regularly with the German elite. Known to be pro-German sympathizers, the couple became embroiled in a conspiracy to install Edward as a puppet king after the Allies were defeated. After the war, the Duke's letters were hidden in a German castle that had fallen to American soldiers. They were then suppressed for years, as the British establishment attempted to cover up this connection between the House of Windsor and Hitler. Drawing on FBI documents, material from the German and British Royal Archives, and the personal correspondence of Churchill, Truman, Eisenhower and the Windsors themselves, 17 Carnations reveals the whole fascinating story, throwing sharp new light on a dark chapter of history.

Hitler's Thirty Days to Power: January 1933


Henry Ashby Turner Jr. - 1996
    Providing vivid portraits of the main players of the drama of January 1933, and using newly available documents, Turner masterfully recreates the bewildering circumstances surrounding Hitler’s unexpected appointment as chancellor of Germany. The result is a work that Booklist calls “first rate … a gripping, foreboding narrative.”

A Great and Terrible King: Edward I and the Forging of Britain


Marc Morris - 2008
    His reign was one of the most dramatic and important of the entire Middle Ages, leading to war and conquest on an unprecedented scale, and leaving a legacy of division between the peoples of Britain that has lasted from his day to our own.Edward I is familiar to millions as ‘Longshanks’, conqueror of Scotland and nemesis of Sir William Wallace (‘Braveheart’). Yet this story forms only the final chapter of the king’s astonishingly action-packed life. Earlier Edward had defeated and killed the famous Simon de Montfort in battle; travelled across Europe to the Holy Land on crusade; conquered Wales, extinguishing forever its native rulers, and constructing – at Conwy, Harlech, Beaumaris and Caernarfon – the most magnificent chain of castles ever created. He raised the greatest armies of the English Middle Ages, and summoned the largest parliaments; notoriously, he expelled all the Jews from his kingdom. The longest-lived of all England’s medieval kings, he fathered no fewer than fifteen children with his first wife, Eleanor of Castile, and after her death he erected the Eleanor Crosses – the grandest funeral monuments ever fashioned for an English monarch.In this book, Marc Morris examines afresh the forces that drove Edward throughout his relentless career: his character, his Christian faith, and his sense of England’s destiny – a sense shaped in particular by the tales of the legendary King Arthur. He also explores the competing reasons that led Edward’s opponents (including Llywelyn ap Gruffudd and Robert Bruce) to resist him, and the very different societies that then existed in Scotland, Wales and Ireland. The result is a sweeping story, immaculately researched yet compellingly told, and a vivid picture of medieval Britain at the moment when its future was decided.

The Berlin-Baghdad Express: The Ottoman Empire and Germany's Bid for World Power


Sean McMeekin - 2010
    As Sean McMeekin reveals in this startling reinterpretation of the war, it was neither the British nor the French but rather a small clique of Germans and Turks who thrust the Islamic world into the conflict for their own political, economic, and military ends."The Berlin-Baghdad Express" tells the fascinating story of how Germany exploited Ottoman pan-Islamism in order to destroy the British Empire, then the largest Islamic power in the world. Meanwhile the Young Turks harnessed themselves to German military might to avenge Turkey s hereditary enemy, Russia. Told from the perspective of the key decision-makers on the Turco-German side, many of the most consequential events of World War I Turkey s entry into the war, Gallipoli, the Armenian massacres, the Arab revolt, and the Russian Revolution are illuminated as never before.Drawing on a wealth of new sources, McMeekin forces us to re-examine Western interference in the Middle East and its lamentable results. It is an epic tragicomedy of unintended consequences, as Turkish nationalists give Russia the war it desperately wants, jihad begets an Islamic insurrection in Mecca, German sabotage plots upend the Tsar delivering Turkey from Russia s yoke, and German Zionism midwifes the Balfour Declaration. All along, the story is interwoven with the drama surrounding German efforts to complete the Berlin to Baghdad railway, the weapon designed to win the war and assure German hegemony over the Middle East.

Killing Patton: The Strange Death of World War II's Most Audacious General


Bill O'Reilly - 2014
    Now from Bill O’Reilly, anchor of The O’Reilly Factor, comes the most epic book of all in this multimillion-selling series: Killing Patton. General George S. Patton, Jr. died under mysterious circumstances in the months following the end of World War II. For almost seventy years, there has been suspicion that his death was not an accident—and may very well have been an act of assassination.Killing Patton takes readers inside the final year of the war and recounts the events surrounding Patton’s tragic demise, naming names of the many powerful individuals who wanted him silenced.