White House Burning: The Founding Fathers, Our National Debt, and Why It Matters to You


Simon Johnson - 2012
    Bitter fighting over deficits, taxes, and spending bedevils Washington, D.C., even as partisan gridlock has brought the government to the brink of default. Yet the more politicians on both sides of the aisle rant and the citizenry fumes, the more things seem to remain the same. In White House Burning, Simon Johnson and James Kwak—authors of the national best seller 13 Bankers and cofounders of The Baseline Scenario, a widely cited blog on economics and public policy—demystify the national debt, explaining whence it came and, even more important, what it means to you and to future generations. They tell the story of the Founding Fathers’ divisive struggles over taxes and spending. They chart the rise of the almighty dollar, which makes it easy for the United States to borrow money. They account for the debasement of our political system in the 1980s and 1990s, which produced today’s dysfunctional and impotent Congress. And they show how, if we persist on our current course, the national debt will harm ordinary Americans by reducing the number of jobs, lowering living standards, increasing inequality, and forcing a sudden and drastic reduction in the government services we now take for granted. But Johnson and Kwak also provide a clear and compelling vision for how our debt crisis can be solved while strengthening our economy and preserving the essential functions of government. They debunk the myth that such crucial programs as Social Security and Medicare must be slashed to the bone. White House Burning looks squarely at the burgeoning national debt and proposes to defuse its threat to our well-being without forcing struggling middle-class families and the elderly into poverty. Carefully researched and informed by the same compelling storytelling and lucid analysis as 13 Bankers, White House Burning is an invaluable guide to the central political and economic issue of our time. It is certain to provoke vigorous debate.

Red Ink: Inside the High-Stakes Politics of the Federal Budget


David Wessel - 2012
    Through the eyes of key people--Jacob Lew, White House director of the Office of Management and Budget; Douglas Elmendorf, director of the Congressional Budget Office; Blackstone founder and former Commerce Secretary Pete Peterson; and more--Wessel gives readers an inside look at the making of our unsustainable budget.

The Burden of Bad Ideas: How Modern Intellectuals Misshape Our Society


Heather Mac Donald - 2000
    In The Burden of Bad Ideas, Heather Mac Donald reports on their disastrous effects throughout our society. At a Brooklyn high school, students perfect their graffiti skills for academic credit. An Ivy League law professor urges blacks to steal from their employers. Washington bureaucrats regard theft by drug addicts as evidence of disability, thereby justifying benefits. Public health officials argue that racism and sexism cause women to get AIDS. America's premier monument to knowledge, the Smithsonian Institution, portrays science as white man's religion. Such absurdities, Ms. Mac Donald argues, grow out of a powerful set of ideas that have governed our public policy for decades, the product of university faculties and a professional elite who are convinced that America is a deeply unjust society. And while these beliefs have damaged the nation as a whole, she observes, they have hit the poor especially hard. Her reports trace the transformation of influential opinion-makers (such as the New York Times) and large philanthropic foundations from confident advocates of individual responsibility, opportunity, and learning into apologists for the welfare state. In a series of closely reported stories from the streets of New York to the seats of intellectual power, The Burden of Bad Ideas reveals an upside-down world and how it got that way.

Radicals: Outsiders Changing the World


Jamie Bartlett - 2017
    The power of radical ideas and groups is growing. What was once considered extreme is now the mainstream. But what is life like on the political fringes? What is the real power of radicals? Radicals is an exploration of the individuals, groups and movements who are rejecting the way we live now, and attempting to find alternatives. In it, Jamie Bartlett, one of the world’s leading thinkers on radical politics and technology, takes us inside the strange and exciting worlds of the innovators, disruptors, idealists and extremists who think society is broken, and believe they know how to fix it. From dawn raids into open mines to the darkest recesses of the internet, Radicals introduces us to some of the most secretive and influential movements today: techno-futurists questing for immortality, far-right groups seeking to close borders, militant environmentalists striving to save the planet's natural reserves by any means possible, libertarian movements founding new countries, autonomous cooperatives in self-sustaining micro-societies, and psychedelic pioneers attempting to heal society with the help of powerful hallucinogens.As well as providing a fascinating glimpse at the people and ideas driving these groups, Radicals also presents a startling argument: radicals are not only the symptoms of a deep unrest within the world today, but might also offer the most plausible models for our future.

The Age of Fallibility: Consequences of the War on Terror


George Soros - 2006
    As a survivor of the Holocaust and a life-long proponent of free expression, Soros understands the meaning of freedom. And yet his differences with George Bush, another proponent of freedom, are profound. In this powerful essay Soros spells out his views and how they differ from the president's. He reflects on why the Democrats may have lost the high ground on these values issues and how they might reclaim it. As he has in his recent books, On Globalization and The Bubble of American Supremacy , Soros uses facts, anecdotes, personal experience and philosophy to illuminate a major topic in a way that both enlightens and inspires.

The Communist Manifesto/Wages, Price and Profit


Karl Marx - 1848
    Written over 150 years ago in 1848, a period of history with great upheaval, it continues to be an important work on political economy, especially as we enter the dawn of the global economy. Politicians, business leaders, acamdemics and students of very different persuasions find the manifesto a basic and essential treatise to be understood. It has had a tremendous effect throughout history and will continue to influence the future of mankind. A Collector's Edition.

The New New Deal: The Hidden Story of Change in the Obama Era


Michael Grunwald - 2012
    Grunwald’s meticulous reporting shows how the stimulus, though reviled on the right and the left, helped prevent a depression while jump-starting the president’s agenda for lasting change. As ambitious and far-reaching as FDR’s New Deal, the Recovery Act is a down payment on the nation’s economic and environmental future, the purest distillation of change in the Obama era. The stimulus has launched a transition to a clean-energy economy, doubled our renewable power, and financed unprecedented investments in energy efficiency, a smarter grid, electric cars, advanced biofuels, and green manufacturing. It is computerizing America’s pen-and-paper medical system. Its Race to the Top is the boldest education reform in U.S. history. It has put in place the biggest middle-class tax cuts in a generation, the largest research investments ever, and the most extensive infrastructure investments since Eisenhower’s interstate highway system. It includes the largest expansion of antipoverty programs since the Great Society, lifting millions of Americans above the poverty line, reducing homelessness, and modernizing unemployment insurance. Like the first New Deal, Obama’s stimulus has created legacies that last: the world’s largest wind and solar projects, a new battery industry, a fledgling high-speed rail network, and the world’s highest-speed Internet network. Michael Grunwald goes behind the scenes—sitting in on cabinet meetings, as well as recounting the secret strategy sessions where Republicans devised their resistance to Obama—to show how the stimulus was born, how it fueled a resurgence on the right, and how it is changing America. The New New Deal shatters the conventional Washington narrative and it will redefine the way Obama’s first term is perceived.

Spheres of Justice: A Defense of Pluralism and Equality


Michael Walzer - 1983
    The distinguished political philosopher and author of the widely acclaimed Just and Unjust Wars analyzes how society distributes not just wealth and power but other social “goods” like honor, education, work, free time—even love.

Equal Is Unfair: America's Misguided Fight Against Income Inequality


Don Watkins - 2016
    The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we’re told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.But what if that narrative is wrong? What if the real threat to the American Dream isn’t rising income inequality—but an all-out war on success?In Equal is Unfair, a timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we’ve been taught about inequality is wrong. You’ll discover:• why successful CEOs make so much money—and deserve to• how the minimum wage hurts the very people it claims to help• why middle-class stagnation is a myth• how the little-known history of Sweden reveals the dangers of forced equality• the disturbing philosophy behind Obama’s economic agenda.The critics of inequality are right about one thing: the American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success—not pull down the high fliers in the name of equality.

Excuse Me, Professor: Challenging the Myths of Progressivism


Lawrence W. Reed - 2015
    True progress happens when humans are free, yet the Progressive agenda substantially diminishes freedom while promising the unachievable. Excuse Me, Professor provides a handy reference for anyone actively engaged in advancing liberty, with essential essays debunking more than 50 Progressive clichés.Does the free market truly ignore the poor? Are humans really destroying the Earth? Is the government truly the first best source to relieve distress?Compiled and edited by Lawrence W. Reed in collaboration with the Foundation for Economic Education and Young America's Foundation, this anthology is an indispensable addition to every freedom lover's arsenal of intellectual ammunition.

The Calculus of Consent: Logical Foundations of Constitutional Democracy


James M. Buchanan - 1960
    A scientific study of the political and economic factors influencing democratic decision making

The Politically Incorrect Guide to the Constitution


Kevin R.C. Gutzman - 2006
    Gutzman unveils the radical inconsistency between constitutional law and the rule of law, and shows why and how the Supreme Court should be reined in to the proper role assigned to it by the Founders.

The Great Leveler: Violence and the History of Inequality from the Stone Age to the Twenty-First Century


Walter Scheidel - 2017
    Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Inequality declines when carnage and disaster strike and increases when peace and stability return. The Great Leveler is the first book to chart the crucial role of violent shocks in reducing inequality over the full sweep of human history around the world.Ever since humans began to farm, herd livestock, and pass on their assets to future generations, economic inequality has been a defining feature of civilization. Over thousands of years, only violent events have significantly lessened inequality. The "Four Horsemen" of leveling—mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues—have repeatedly destroyed the fortunes of the rich. Scheidel identifies and examines these processes, from the crises of the earliest civilizations to the cataclysmic world wars and communist revolutions of the twentieth century. Today, the violence that reduced inequality in the past seems to have diminished, and that is a good thing. But it casts serious doubt on the prospects for a more equal future.An essential contribution to the debate about inequality, The Great Leveler provides important new insights about why inequality is so persistent—and why it is unlikely to decline anytime soon.

The End of Influence: What Happens When Other Countries Have the Money


Stephen S. Cohen - 2009
    Now, America finds itself cash poor, and to a great extent power follows money. In The End of Influence, renowned economic analysts Stephen S. Cohen and J. Bradford DeLong explore the grave consequences this loss will have for America's place in the world. America, Cohen and DeLong argue, will no longer be the world's hyperpower. It will no longer wield soft cultural power or dictate a monolithic foreign policy. More damaging, though, is the blow to the world's ability to innovate economically, financially, and politically. Cohen and DeLong also explore American's complicated relationship with China, the misunderstood role of sovereign wealth funds, and the return of state-led capitalism. An essential read for anyone interested in how global economics and finance interact with national policy, The End of Influence explains the far-reaching and potentially long-lasting but little-noted consequences of our great fiscal crisis.

Springtime for Snowflakes: Social Justice and Its Postmodern Parentage


Michael Rectenwald - 2018