Book picks similar to
John Maynard Keynes, Vol. 1: Hopes Betrayed, 1883-1920 by Robert Skidelsky
economics
biography
history
non-fiction
Hard Choices
Hillary Rodham Clinton - 2013
“Life is about making such choices. Our choices and how we handle them shape the people we become.”In the aftermath of her 2008 presidential run, she expected to return to representing New York in the United States Senate. To her surprise, her former rival for the Democratic Party nomination, newly elected President Barack Obama, asked her to serve in his administration as Secretary of State. This memoir is the story of the four extraordinary and historic years that followed, and the hard choices that she and her colleagues confronted.Secretary Clinton and President Obama had to decide how to repair fractured alliances, wind down two wars, and address a global financial crisis. They faced a rising competitor in China, growing threats from Iran and North Korea, and revolutions across the Middle East. Along the way, they grappled with some of the toughest dilemmas of US foreign policy, especially the decision to send Americans into harm’s way, from Afghanistan to Libya to the hunt for Osama bin Laden.By the end of her tenure, Secretary Clinton had visited 112 countries, traveled nearly one million miles, and gained a truly global perspective on many of the major trends reshaping the landscape of the twenty-first century, from economic inequality to climate change to revolutions in energy, communications, and health. Drawing on conversations with numerous leaders and experts, Secretary Clinton offers her views on what it will take for the United States to compete and thrive in an interdependent world. She makes a passionate case for human rights and the full participation in society of women, youth, and LGBT people. An astute eyewitness to decades of social change, she distinguishes the trendlines from the headlines and describes the progress occurring throughout the world, day after day.Secretary Clinton’s descriptions of diplomatic conversations at the highest levels offer readers a master class in international relations, as does her analysis of how we can best use “smart power” to deliver security and prosperity in a rapidly changing world—one in which America remains the indispensable nation.
Fischer Black and the Revolutionary Idea of Finance
Perry G. Mehrling - 2005
Fischer Black and the Revolutionary Idea of Finance explores Black's intellectual journey from Harvard to the offices of ADL, from the University of Chicago to MIT, and then to Goldman Sachs. This poignant book tells the story of one man's intellectual adventure at the very center of modern finance, fully describing the birth of quantitative finance and financial engineering along the way.Years of research and interviews with Black's business and academic associates, as well as family and friends, are distilled into a scholarly yet personal story of the formation and development of the extraordinary mind and unique character of this unassuming renegade Black deciphered the universe of modern finance in ways that went underappreciated for many years and would have won the Nobel Prize in Economics, if not for his untimely death in 1995 Author Perry Mehrling weaves Black's personal story with the birth of modern finance into a vignette-based business biography that captures the essence of this extraordinary man, explaining, for the first time, the ground-breaking impact Fischer Black had on the worlds of money and finance as well as world markets This compelling biography of the "Einstein of Finance" follows Fischer Black through his incredible career, from his transition from academia to one of the most elite of firms on Wall Street--Goldman Sachs--where he developed quantitative models that tens of thousands of professionals still use today. Fischer Black and the Revolutionary Idea of Finance demystifies this genius of finance and provides an engaging and entertaining look at a man whose life's work encapsulates modern financial theory.
The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics
William Easterly - 2001
Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work.In this book Easterly shows how these solutions all violate the basic principle of economics, that people--private individuals and businesses, government officials, even aid donors--respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.
Mises: The Last Knight of Liberalism
Jörg Guido Hülsmann - 2007
It has the apparatus of a great scholarly work but the drama of a classic novel. Ludwig von Mises’s colleagues in Europe called him the “last knight of liberalism” because he was the champion of an ideal of liberty they consider dead and gone in an age of central planning and socialism of all varieties. During his lifetime, they were largely correct. And thus the subtitle of this book. But he was not deterred in any respect: not in his scientific work, not in his writing or publishing, and not in his relentless fight against every form of statism. Born in 1881, he taught in Europe and the Americas during his century, and died in 1973 before the dawn of a new epoch that would validate his life and ideals in the minds of millions of people around the world. The last knight of liberalism triumphed.
The King's Speech: How One Man Saved the British Monarchy
Mark Logue - 2010
He was an almost unknown, and self-taught, speech therapist named Lionel Logue, whom one newspaper in the 1930s famously dubbed 'The Quack who saved a King'.Logue wasn't a British aristocrat or even an Englishman - he was a commoner and an Australian to boot. Nevertheless it was the outgoing, amiable Logue who single-handedly turned the nervous, tongue-tied Duke of York into one of Britain's greatest kings after his brother, Edward VIII, abdicated in 1936 over his love of Mrs Simpson.This is the previously untold story of the remarkable relationship between Logue and the haunted future King George VI, written with Logue's grandson and drawing exclusively from his grandfather Lionel's diaries and archive. It throws an extraordinary light on the intimacy of the two men, and the vital role the King's wife, the late Queen Elizabeth, the Queen Mother, played in bringing them together to save her husband's reputation and reign.'The King's Speech: How One Man Saved the British Monarchy' is an astonishing insight into a private world. Logue's diaries also reveal, for the first time, the torment the future King suffered at the hands of his father George V because of his stammer. Never before has there been such a personal portrait of the British monarchy - at a time of its greatest crisis - seen through the eyes of an Australian commoner who was proud to serve, and save, his King.
The Churchill Factor: How One Man Made History
Boris Johnson - 2014
Taking on the myths and misconceptions along with the outsized reality, he portrays—with characteristic wit and passion—a man of contagious bravery, breathtaking eloquence, matchless strategizing, and deep humanity. Fearless on the battlefield, Churchill had to be ordered by the king to stay out of action on D-Day; he pioneered aerial bombing and few could match his experience in organizing violence on a colossal scale, yet he hated war and scorned politicians who had not experienced its horrors. He was the most famous journalist of his time and perhaps the greatest orator of all time, despite a lisp and chronic depression he kept at bay by painting. His maneuvering positioned America for entry into World War II, even as it ushered in England’s post-war decline. His openmindedness made him a trailblazer in health care, education, and social welfare, though he remained incorrigibly politically incorrect. Most of all, he was a rebuttal to the idea that history is the story of vast and impersonal forces; he is proof that one person—intrepid, ingenious, determined—can make all the difference.
The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company
Robert Iger - 2019
Morale had deteriorated, competition was more intense, and technology was changing faster than at any time in the company's history. "I knew there was nothing to be gained from arguing over the past," Iger writes. "The only thing that mattered was the future, and I believed I had a clear idea of the direction Disney needed to go." It came down to three clear ideas: 1) Create the highest quality content Disney could produce. 2) Embrace and adopt technology instead of fighting it. And 3) Think bigger--think global--and turn Disney into a stronger brand in international markets.Twelve years later, Disney is the largest, most respected media company in the world counting Pixar, Marvel, Lucasfilm and 21st Century Fox among its properties. Its value is nearly five times what it was when Iger took over, and Iger is recognized as one of the most innovative and successful CEOs of our time.Now, he's sharing the lessons he's learned while running Disney and leading its 200,000 employees--taking big risks in the face of historic disruption; learning to inspire the people who work for you; leading with fairness and communicating principles clearly. This book is about the relentless curiosity that has driven Iger for forty-five years, since the day he started as a studio supervisor at ABC. It's also about thoughtfulness and respect, and a decency-over-dollars approach that has become the bedrock of every project and partnership Iger pursues, from a deep friendship with Steve Jobs in his final years to an abiding love of the evolving Star Wars myth."Over the past fourteen years, I think I've learned so much about what real leadership is," Iger writes. "But I couldn't have articulated all of this until I lived it. You can't fake it--and that's one of the key lessons in this book."Librarian Note: This is an Advance Reader Copy issued with ISBN 9780399592096. That ISBN has been moved to the final published copy, found here
A Fighting Chance
Elizabeth Warren - 2014
Early marriage and motherhood seemed to put even that dream out of reach, but fifteen years later she was a distinguished law professor with a deep understanding of why people go bankrupt. Then came the phone call that changed her life: could she come to Washington DC to help advise Congress on rewriting the bankruptcy laws?Thus began an impolite education into the bare-knuckled, often dysfunctional ways of Washington. She fought for better bankruptcy laws for ten years and lost. She tried to hold the federal government accountable during the financial crisis but became a target of the big banks. She came up with the idea for a new agency designed to protect consumers from predatory bankers and was denied the opportunity to run it. Finally, at age 62, she decided to run for elective office and won the most competitive—and watched—Senate race in the country. In this passionate, funny, rabble-rousing book, Warren shows why she has chosen to fight tooth and nail for the middle class—and why she has become a hero to all those who believe that America's government can and must do better for working families.
Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons
Edward J. Renehan Jr. - 2005
Gould was the robber baron's robber baron, the most astute financial and business strategist of his time and also the most widely hated. In Dark Genius of Wall Street, acclaimed biographer Edward J. Renehan, Jr., combines lively anecdotes with the rich social tapestry of the Gilded Age to paint the portrait of the most talented financial buccaneer of his generation -- and one of the inventors of modern business.
The Match King: Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals
Frank Partnoy - 2009
His enterprise was a rare success story throughout the Great Depression.Yet after Kreuger’s suicide in 1932, the true nature of his empire emerged. Driven by success to adopt ever-more perilous practices, Kreuger had turned to shell companies in tax havens, fudged accounting figures, off-balance-sheet accounting, even forgery. He created a raft of innovative financial products— many of them precursors to instruments wreaking havoc in today’s markets. When his Wall Street empire collapsed, millions went bankrupt.Frank Partnoy, a frequent commentator on financial disaster for the Financial Times, New York Times, NPR, and CBS’s “60 Minutes,” recasts the life story of a remarkable yet forgotten genius in ways that force us to re-think our ideas about the wisdom of crowds, the invisible hand, and the free and unfettered market.
Capitalism, Socialism and Democracy
Joseph A. Schumpeter - 1942
When it first appeared the New English Weekly predicted that 'for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.
Freakonomics: A Rogue Economist Explores the Hidden Side of Everything
Steven D. Levitt - 2005
Wade have on violent crime? Freakonomics will literally redefine the way we view the modern world.These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much heralded scholar who studies the stuff and riddles of everyday life -- from cheating and crime to sports and child rearing -- and whose conclusions regularly turn the conventional wisdom on its head. He usually begins with a mountain of data and a simple, unasked question. Some of these questions concern life-and-death issues; others have an admittedly freakish quality. Thus the new field of study contained in this book: freakonomics.Through forceful storytelling and wry insight, Levitt and co-author Stephen J. Dubner show that economics is, at root, the study of incentives -- how people get what they want, or need, especially when other people want or need the same thing. In Freakonomics, they set out to explore the hidden side of ... well, everything. The inner workings of a crack gang. The truth about real-estate agents. The myths of campaign finance. The telltale marks of a cheating schoolteacher. The secrets of the Ku Klux Klan.What unites all these stories is a belief that the modern world, despite a surfeit of obfuscation, complication, and downright deceit, is not impenetrable, is not unknowable, and -- if the right questions are asked -- is even more intriguing than we think. All it takes is a new way of looking. Steven Levitt, through devilishly clever and clear-eyed thinking, shows how to see through all the clutter.Freakonomics establishes this unconventional premise: If morality represents how we would like the world to work, then economics represents how it actually does work. It is true that readers of this book will be armed with enough riddles and stories to last a thousand cocktail parties. But Freakonomics can provide more than that. It will literally redefine the way we view the modern world.(front flap)
Karl Marx: A Nineteenth-Century Life
Jonathan Sperber - 2013
Two centuries on, he is still revered as a prophet of the modern world, yet he is also blamed for the darkest atrocities of modern times. But no matter in what light he is cast, the short, but broad-shouldered, bearded Marx remains—as a human being—distorted on a Procrustean bed of political “isms,” perceived through the partially distorting lens of his chief disciple, Friedrich Engels, or understood as a figure of twentieth-century totalitarian Marxist regimes.Returning Marx to the Victorian confines of the nineteenth century, Jonathan Sperber, one of the United States’ leading European historians, challenges many of our misconceptions of this political firebrand turned London émigré journalist. In this deeply humanizing portrait, Marx no longer is the Olympian soothsayer, divining the dialectical imperatives of human history, but a scholar-activist whose revolutionary Weltanschauung was closer to Robespierre’s than to those of twentieth-century Marxists.With unlimited access to the MEGA (the Marx-Engels Gesamtausgabe, the total edition of Marx’s and Engels’s writings), only recently available, Sperber juxtaposes the private man, the public agitator, and the philosopher-economist. We first see Marx as a young boy in the city of Trier, influenced by his father, Heinrich, for whom “the French Revolution and its aftermath offered an opportunity to escape the narrowly circumscribed social and political position of Jews in the society.” For Heinrich’s generation, this worldview meant no longer being a member of the so-called Jewish nation, but for his son, the reverberations were infinitely greater—namely a life inspired by the doctrines of the Enlightenment and an implacable belief in human equality.Contextualizing Marx’s personal story—his rambunctious university years, his loving marriage to the devoted Jenny von Westphalen (despite an illegitimate child with the family maid), his children’s tragic deaths, the catastrophic financial problems—within a larger historical stage, Sperber examines Marx’s public actions and theoretical publications against the backdrop of a European continent roiling with political and social unrest. Guided by newly translated notes, drafts, and correspondence, he highlights Marx’s often overlooked work as a journalist; his political activities in Berlin, Paris, and London; and his crucial role in both creating and destroying the International Working Men’s Association. With Napoleon III, Bismarck, Adam Smith, and Charles Darwin, among others, as supporting players, Karl Marx becomes not just a biography of a man but a vibrant portrait of an infinitely complex time.Already hailed by Publishers Weekly as “a major work . . . likely to be the standard biography of Marx for many years,” Karl Marx promises to become the defining portrait of a towering historical figure.
Victoria The Queen: An Intimate Biography of the Woman Who Ruled an Empire
Julia Baird - 2016
Drawing on previously unpublished papers, this stunning new portrait is a story of love and heartbreak, of devotion and grief, of strength and resilience.NAMED ONE OF THE BEST BOOKS OF THE YEAR BYTHE NEW YORK TIMES - ESQUIRE - THE CHICAGO PUBLIC LIBRARY "Victoria the Queen, Julia Baird's exquisitely wrought and meticulously researched biography, brushes the dusty myth off this extraordinary monarch."--The New York Times Book Review (Editor's Choice) When Victoria was born, in 1819, the world was a very different place. Revolution would threaten many of Europe's monarchies in the coming decades. In Britain, a generation of royals had indulged their whims at the public's expense, and republican sentiment was growing. The Industrial Revolution was transforming the landscape, and the British Empire was commanding ever larger tracts of the globe. In a world where women were often powerless, during a century roiling with change, Victoria went on to rule the most powerful country on earth with a decisive hand. Fifth in line to the throne at the time of her birth, Victoria was an ordinary woman thrust into an extraordinary role. As a girl, she defied her mother's meddling and an adviser's bullying, forging an iron will of her own. As a teenage queen, she eagerly grasped the crown and relished the freedom it brought her. At twenty, she fell passionately in love with Prince Albert of Saxe-Coburg and Gotha, eventually giving birth to nine children. She loved sex and delighted in power. She was outspoken with her ministers, overstepping conventional boundaries and asserting her opinions. After the death of her adored Albert, she began a controversial, intimate relationship with her servant John Brown. She survived eight assassination attempts over the course of her lifetime. And as science, technology, and democracy were dramatically reshaping the world, Victoria was a symbol of steadfastness and security--queen of a quarter of the world's population at the height of the British Empire's reach. Drawing on sources that include fresh revelations about Victoria's relationship with John Brown, Julia Baird brings vividly to life the fascinating story of a woman who struggled with so many of the things we do today: balancing work and family, raising children, navigating marital strife, losing parents, combating anxiety and self-doubt, finding an identity, searching for meaning.
American Prometheus: The Triumph and Tragedy of J. Robert Oppenheimer
Kai Bird - 2005
Robert Oppenheimer, "father of the atomic bomb," the brilliant, charismatic physicist who led the effort to capture the awesome fire of the sun for his country in time of war. Immediately after Hiroshima, he became the most famous scientist of his generation-one of the iconic figures of the twentieth century, the embodiment of modern man confronting the consequences of scientific progress. He was the author of a radical proposal to place international controls over atomic materials-an idea that is still relevant today. He opposed the development of the hydrogen bomb and criticized the Air Force's plans to fight an infinitely dangerous nuclear war. In the now almost-forgotten hysteria of the early 1950s, his ideas were anathema to powerful advocates of a massive nuclear buildup, and, in response, Atomic Energy Commission chairman Lewis Strauss, Superbomb advocate Edward Teller and FBI director J. Edgar Hoover worked behind the scenes to have a hearing board find that Oppenheimer could not be trusted with America's nuclear secrets. American Prometheus sets forth Oppenheimer's life and times in revealing and unprecedented detail. Exhaustively researched, it is based on thousands of records and letters gathered from archives in America and abroad, on massive FBI files and on close to a hundred interviews with Oppenheimer's friends, relatives and colleagues.We follow him from his earliest education at the turn of the twentieth century at New York City's Ethical Culture School, through personal crises at Harvard and Cambridge universities. Then to Germany, where he studied quantum physics with the world's most accomplished theorists; and to Berkeley, California, where he established, during the 1930s, the leading American school of theoretical physics, and where he became deeply involved with social justice causes and their advocates, many of whom were communists. Then to Los Alamos, New Mexico, where he transformed a bleak mesa into the world's most potent nuclear weapons laboratory-and where he himself was transformed. And finally, to the Institute for Advanced Study in Princeton, which he directed from 1947 to 1966. American Prometheus is a rich evocation of America at midcentury, a new and compelling portrait of a brilliant, ambitious, complex and flawed man profoundly connected to its major events—the Depression, World War II and the Cold War. It is at once biography and history, and essential to our understanding of our recent past—and of our choices for the future.