Book picks similar to
John Maynard Keynes, Vol. 1: Hopes Betrayed, 1883-1920 by Robert Skidelsky
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The Road to Serfdom
Friedrich A. Hayek - 1944
Originally published in England in the spring of 1944—when Eleanor Roosevelt supported the efforts of Stalin, and Albert Einstein subscribed lock, stock, and barrel to the socialist program—The Road to Serfdom was seen as heretical for its passionate warning against the dangers of state control over the means of production. For F. A. Hayek, the collectivist idea of empowering government with increasing economic control would inevitably lead not to a utopia but to the horrors of nazi Germany and fascist Italy.First published by the University of Chicago Press on September 18, 1944, The Road to Serfdom garnered immediate attention from the public, politicians, and scholars alike. The first printing of 2,000 copies was exhausted instantly, and within six months more than 30,000 were sold. In April of 1945, Reader's Digest published a condensed version of the book, and soon thereafter the Book-of-the-Month Club distributed this condensation to more than 600,000 readers. A perennial best-seller, the book has sold over a quarter of a million copies in the United States, not including the British edition or the nearly twenty translations into such languages as German, French, Dutch, Swedish, and Japanese, and not to mention the many underground editions produced in Eastern Europe before the fall of the iron curtain.After thirty-two printings in the United States, The Road to Serfdom has established itself alongside the works of Alexis de Tocqueville, John Stuart Mill, and George Orwell for its timeless meditation on the relation between individual liberty and government authority. This fiftieth anniversary edition, with a new introduction by Milton Friedman, commemorates the enduring influence of The Road to Serfdom on the ever-changing political and social climates of the twentieth century, from the rise of socialism after World War II to the Reagan and Thatcher "revolutions" in the 1980s and the transitions in Eastern Europe from communism to capitalism in the 1990s.F. A. Hayek (1899-1992), recipient of the Medal of Freedom in 1991 and co-winner of the Nobel Memorial Prize in Economics in 1974, was a pioneer in monetary theory and the principal proponent of libertarianism in the twentieth century.On the first American edition of The Road to Serfdom:"One of the most important books of our generation. . . . It restates for our time the issue between liberty and authority with the power and rigor of reasoning with which John Stuart Mill stated the issue for his own generation in his great essay On Liberty. . . . It is an arresting call to all well-intentioned planners and socialists, to all those who are sincere democrats and liberals at heart to stop, look and listen."—Henry Hazlitt, New York Times Book Review, September 1944"In the negative part of Professor Hayek's thesis there is a great deal of truth. It cannot be said too often—at any rate, it is not being said nearly often enough—that collectivism is not inherently democratic, but, on the contrary, gives to a tyrannical minority such powers as the Spanish Inquisitors never dreamt of."—George Orwell, Collected Essays
Mornings on Horseback: The Story of an Extraordinary Family, a Vanished Way of Life, and the Unique Child Who Became Theodore Roosevelt
David McCullough - 1981
Hailed as a masterpiece by Newsday, it also won the Los Angeles Times Book Prize for Biography. Now with a new introduction by the author, Mornings on Horseback is reprinted as a Simon & Schuster Classic Edition. Mornings on Horseback is about the world of the young Theodore Roosevelt. It is the story of a remarkable little boy, seriously handicapped by recurrent and nearly fatal attacks of asthma, and his struggle to manhood: an amazing metamorphosis seen in the context of the very uncommon household (and rarefied social world) in which he was raised. His father is the first Theodore Roosevelt, "Greatheart," a figure of unbounded energy, enormously attractive and selfless, a god in the eyes of his small, frail namesake. His mother, Mittie Bulloch Roosevelt, is a Southerner and celebrated beauty, but also considerably more, which the book makes clear as never before. There are sisters Anna and Corinne, brother Elliott (who becomes the father of Eleanor Roosevelt), and the lovely, tragic Alice Lee, Teddy Roosevelt's first love. And while such disparate figures as Abraham Lincoln, Mrs. John Jacob Astor, and Senator Roscoe Conkling play a part, it is this diverse and intensely human assemblage of Roosevelts, all brought to vivid life, which gives the book its remarkable power. The book spans seventeen years � from 1869 when little "Teedie" is ten, to 1886 when, as a hardened "real life cowboy," he returns from the West to pick up the pieces of a shattered life and begin anew, a grown man, whole in body and spirit. The story does for Teddy Roosevelt what Sunrise at Campobello did for FDR � reveals the inner man through his battle against dreadful odds. Like David McCullough's The Great Bridge, also set in New York, this is at once an enthralling story, with all the elements of a great novel, and a penetrating character study. It is brilliant social history and a work of important scholarship, which does away with several old myths and breaks entirely new ground. For the first time, for example, Roosevelt's asthma is examined closely, drawing on information gleaned from private Roosevelt family papers and in light of present-day knowledge of the disease and its psychosomatic aspects. At heart it is a book about life intensely lived...about family love and family loyalty...about courtship and childbirth and death, fathers and sons...about winter on the Nile in the grand manner and Harvard College...about gutter politics in washrooms and the tumultuous Republican Convention of 1884...about grizzly bears, grief and courage, and "blessed" mornings on horseback at Oyster Bay or beneath the limitless skies of the Badlands. "Black care rarely sits behind a rider whose pace is fast enough," Roosevelt once wrote. It is the key to his life and to much that is so memorable in this magnificent book.
Churchill: Walking with Destiny
Andrew Roberts - 2018
But how did young Winston become Churchill? What gave him the strength to take on the superior force of Nazi Germany when bombs rained on London and so many others had caved? In The Storm of War, Andrew Roberts gave us a tantalizing glimpse of Churchill the war leader. Now, at last, we have the full and definitive biography, as personally revealing as it is compulsively readable, about one of the great leaders of all time.Roberts was granted exclusive access to extensive new material: the transcripts of war cabinet meetings - the equivalent of the Nixon and JFK tapes - diaries, letters, unpublished memoirs, and detailed notes taken by the king after their bi-weekly meetings. Having read every one of Churchill's letters, including deeply personal ones that Churchill's son Randolph had previously chosen to withhold, and spoken to more than one hundred people who knew or worked with him, Roberts identifies the hidden forces fueling Churchill's drive. Churchill put his faith in the British Empire and fought as hard to preserve it as he did to defend London. Having started his career in India and South Africa, he understood better than most idealists how hard it can be to pacify reluctant people far from home.We think of Churchill as a hero of the age of mechanized warfare, but Roberts's masterwork reveals that he has as much to teach us about the challenges we face today and the fundamental values of courage, tenacity, leadership, and moral conviction.
After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead
Alan S. Blinder - 2013
financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.
Marx's Das Kapital: A Biography
Francis Wheen - 2006
Wheen shows that, far from being a dry economic treatise, Das Kapital is like a vast Gothic novel whose heroes are enslaved by the monster they created: capitalism.
Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics
Henry Hazlitt - 1946
But it is also much more, having become a fundamental influence on modern “libertarian” economics of the type espoused by Ron Paul and others.Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy.Many current economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson, every bit as relevant and valuable today as it has been since publication.
The Long Loneliness: The Autobiography of the Legendary Catholic Social Activist
Dorothy Day - 1952
This inspiring and fascinating memoir, subtitled, “The Autobiography of the Legendary Catholic Social Activist,” The Long Loneliness is the late Dorothy Day’s compelling autobiographical testament to her life of social activism and her spiritual pilgrimage.A founder of the Catholic Worker Movement and longtime associate of Peter Maurin, Dorothy Day was eulogized in the New York Times as, “a nonviolent social radical of luminous personality.” The Long Loneliness recounts her remarkable journey from the Greenwich Village political and literary scene of the 1920s through her conversion to Catholicism and her lifelong struggle to help bring about “the kind of society where it is easier to be good.” (Description from Amazon.)
Margaret Thatcher: The Authorized Biography, Volume 1: From Grantham to the Falklands
Charles Moore - 2013
Charles Moore's biography of Margaret Thatcher, published after her death on 8 April 2013, immediately supersedes all earlier books written about her. At the moment when she becomes a historical figure, this book also makes her into a three dimensional one for the first time. It gives unparalleled insight into her early life and formation, especially through her extensive correspondence with her sister, which Moore is the first author to draw on. It recreates brilliantly the atmosphere of British politics as she was making her way, and takes her up to what was arguably the zenith of her power, victory in the Falklands. (This volume ends with the Falklands Dinner in Downing Street in November 1982.) Moore is clearly an admirer of his subject, but he does not shy away from criticising her or identifying weaknesses and mistakes where he feels it is justified. Based on unrestricted access to all Lady Thatcher's papers, unpublished interviews with her and all her major colleagues, this is the indispensable, fully rounded portrait of a towering figure of our times.
Debt: The First 5,000 Years
David Graeber - 2011
The problem with this version of history? There’s not a shred of evidence to support it.Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.Debt: The First 5,000 Years is a fascinating chronicle of this little known history—as well as how it has defined human history, and what it means for the credit crisis of the present day and the future of our economy.
The Corporation: The Pathological Pursuit of Profit and Power
Joel Bakan - 2003
Eminent Canadian law professor and legal theorist Joel Bakan contends that today's corporation is a pathological institution, a dangerous possessor of the great power it wields over people and societies.In this revolutionary assessment of the history, character, and globalization of the modern business corporation, Bakan backs his premise with the following observations:-The corporation’s legally defined mandate is to pursue relentlessly and without exception its own economic self-interest, regardless of the harmful consequences it might cause to others. -The corporation’s unbridled self-interest victimizes individuals, society, and, when it goes awry, even shareholders and can cause corporations to self-destruct, as recent Wall Street scandals reveal. -Governments have freed the corporation, despite its flawed character, from legal constraints through deregulation and granted it ever greater authority over society through privatization.But Bakan believes change is possible and he outlines a far-reaching program of achievable reforms through legal regulation and democratic control.Featuring in-depth interviews with such wide-ranging figures as Nobel Prize winner Milton Friedman, business guru Peter Drucker, and cultural critic Noam Chomsky, The Corporation is an extraordinary work that will educate and enlighten students, CEOs, whistle-blowers, power brokers, pawns, pundits, and politicians alike.
Buffett: The Making of an American Capitalist
Roger Lowenstein - 1995
His awesome investment record has made him a cult figure popularly known for his seeming contradictions: a billionaire who has a modest lifestyle, a phenomenally successful investor who eschews the revolving-door trading of modern Wall Street, a brilliant dealmaker who cultivates a homespun aura.Journalist Roger Lowenstein draws on three years of unprecedented access to Buffett’s family, friends, and colleagues to provide the first definitive, inside account of the life and career of this American original. Buffett explains Buffett’s investment strategy—a long-term philosophy grounded in buying stock in companies that are undervalued on the market and hanging on until their worth invariably surfaces—and shows how it is a reflection of his inner self.
Lenin: A Biography
Robert Service - 2000
This biography makes use of archive material to piece together his private as well as public life in an effort to give a complete picture of Lenin in all his different roles. Through the prism of Lenin's career, the author examines events such as the October Revolution and the ideas of Marxism-Leninism, the one-party state, economic modernization, dictatorship and the politics of inter-war Europe. He casts light on the nature of the state and society left behind by Lenin, a state and society which has not entirely disappeared after the collapse of the Soviet regime in 1991.
The Competitive Advantage of Nations
Michael E. Porter - 1990
Porter’s groundbreaking study of international competitiveness has shaped national policy in countries around the world. It has also transformed thinking and action in states, cities, companies, and even entire regions such as Central America.Based on research in ten leading trading nations, The Competitive Advantage of Nations offers the first theory of competitiveness based on the causes of the productivity with which companies compete. Porter shows how traditional comparative advantages such as natural resources and pools of labor have been superseded as sources of prosperity, and how broad macroeconomic accounts of competitiveness are insufficient. The book introduces Porter’s “diamond,” a whole new way to understand the competitive position of a nation (or other locations) in global competition that is now an integral part of international business thinking. Porter's concept of “clusters,” or groups of interconnected firms, suppliers, related industries, and institutions that arise in particular locations, has become a new way for companies and governments to think about economies, assess the competitive advantage of locations, and set public policy. Even before publication of the book, Porter’s theory had guided national reassessments in New Zealand and elsewhere. His ideas and personal involvement have shaped strategy in countries as diverse as the Netherlands, Portugal, Taiwan, Costa Rica, and India, and regions such as Massachusetts, California, and the Basque country. Hundreds of cluster initiatives have flourished throughout the world. In an era of intensifying global competition, this pathbreaking book on the new wealth of nations has become the standard by which all future work must be measured.
Just as I Am
Billy Graham - 1999
In Just As I Am Graham reveals his life story in what the Chicago Tribune calls "a disarmingly honest autobiography." Now, in this revised and updated edition, we hear from this "lion in winter" (Time) on his role over the past ten years as America's pastor during our national crisis of the Oklahoma bombing and 9/11; his knighthood; his passing of the torch to his son, Franklin, to head the organization that bears his name; and his commitment to do the Lord's work in the years of his and his wife Ruth's physical decline.
Manias, Panics, and Crashes: A History of Financial Crises
Charles P. Kindleberger - 1978
Since its introduction in 1978, this book has charted and followed this volatile world of financial markets. Charles Kindleberger's brilliant, panoramic history revealed how financial crises follow a nature-like rhythm: they peak and purge, swell and storm. Now this newly revised and expanded Fourth Edition probes the most recent "natural disasters" of the markets--from the difficulties in East Asia and the repercussions of the Mexican crisis to the 1992 Sterling crisis. His sharply drawn history confronts a host of key questions. Charles P. Kindleberger (Boston, MA) was the Ford Professor of Economics at MIT for thirty-three years. He is a financial historian and prolific writer who has published over twenty-four books.