Confessions of an Economic Hit Man


John Perkins - 2004
    Former Economic Hit Man John Perkins goes behind the scenes of the current geopolitical crisis and offers bold solutions to our most pressing problems. Drawing on interviews with other EHMs, jackals, CIA operatives, reporters, businessmen, and activists, Perkins reveals the secret history of events that have created the current American Empire, including: How the defeats in Vietnam and Iraq have benefited big businessThe role of Israel as Fortress America in the Middle EastTragic repercussions of the IMF's Asian Economic CollapseThe current Latin American revolution and its lessons for democracyU.S. blunders in Tibet, Congo, Lebanon, and VenezuelaFrom the U.S. military in Iraq to infrastructure development in Indonesia, from Peace Corps volunteers in Africa to jackals in Venezuela, Perkins exposes a conspiracy of corruption that has fueled instability and anti-Americanism around the globe, with consequences reflected in our daily headlines. Having raised the alarm, Perkins passionately addresses how Americans can work to create a more peaceful and stable world for future generations.

The Right Nation: Conservative Power in America


John Micklethwait - 2004
    It's for any of us who want to understand one of the most important forces shaping American life. How did America's government become so much more conservative in just a generation? Compared to Europe-or to America under Richard Nixon-even President Howard Dean would preside over a distinctly more conservative nation in many crucial respects: welfare is gone; the death penalty is deeply rooted; abortion is under siege; regulations are being rolled back; the pillars of New Deal liberalism are turning to sand. Conservative positions have not prevailed everywhere, of course, but this book shows us why they've been so successfully advanced over such a broad front: because the battle has been waged by well-organized, shrewd, and committed troops who to some extent have been lucky in their enemies.John Micklethwait and Adrian Wooldridge, like modern-day Tocquevilles, have the perspective to see this vast subject in the round, unbeholden to forces on either side. They steer The Economist's coverage of the United States and have unrivaled access to resources and-because of the magazine's renown for iconoclasm and analytical rigor-have had open-door access wherever the book's research has led them. And it has led them everywhere: To reckon with the American right, you have to get out there where its centers are and understand the power flow among the brain trusts, the mouthpieces, the organizers, and the foot soldiers. The authors write with wit and skewer whole herds of sacred cows, but they also bring empathy to bear on a subject that sees all too little of it. You won't recognize this America from the far-left's or the far-right's caricatures. Divided into three parts-history, anatomy, and prophecy-The Right Nation comes neither to bury the American conservative movement nor to praise it blindly but to understand it, in all its dimensions, as the most powerful and effective political movement of our age.Chapter OneFROM KENNEBUNKPORT TO CRAWFORDSir Lewis Namier, the great historian of English politics in the age of George III, once remarked that English history, and especially English parliamentary history, is made by families rather than individuals. The same could be said of American political history, especially in the age of George I and George II. There is no better introduction to the radical transformation of Republicanism in the past generation-from patrician to populist, from Northeastern to Southwestern, from pragmatic to ideological-than the radical transformation of Republicanism's current leading family, the Bushes.Grandfather PrescottThe Bushes began political life as classic establishment Republicans: WASPs who summered in Kennebunkport, educated their children at boarding schools and the Ivy League and claimed family ties to the British royal family (Queen Elizabeth II is the thirteenth cousin of the first President Bush). George W.'s paternal great-grandfather, Samuel P. Bush, was a steel and railroad executive who became the first president of the National Association of Manufacturers and a founding member of the United States Chamber of Commerce. His maternal great-grandfather, George Herbert Walker, was even grander. The cofounder of W. A. Harriman, Wall Street's oldest private investment bank, Walker's stature was summed up by his twin Manhattan addresses: his office at One Wall Street and his home at One Sutton Place. There was certainly muck beneath this brass: both Walker and Bush had their share of Wall Street shenanigans and cozy government deals, but in the age...

Deep Risk: How History Informs Portfolio Design


William J. Bernstein - 2013
    this series is not for novices. This booklet takes portfolio design beyond the familiar "black box" mean-variance framework. Most importantly, the short-term volatility of financial assets, commonly measured as standard deviation, is a highly imperfect measure of the actual long-horizon perils faced by real-world investors subject to the vagaries of financial and military history. These risks have names-inflation, deflation, confiscation, and devastation-and any useful discussion of portfolio design of necessity incorporates their probabilities, consequences, and costs of mitigation. You're an investment adult, so you know that the future efficient frontier lies well beyond our ken; presumably you already know all about the mechanics, long-term benefits, as well as the uncertainties, of wide diversification and factor tilt using low-cost, efficient vehicles and the risk/reward spectrum between all-fixed- income and all-equity portfolios. This booklet contains no magic formula for the "perfect portfolio," but rather, with luck, a framework within which to think more clearly about risk.

The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay


Emmanuel Saez - 2019
    Meanwhile, working-class Americans have been asked to pay more. The Triumph of Injustice presents a forensic investigation into this dramatic transformation, written by two economists who revolutionized the study of inequality. Eschewing anecdotes and case studies, Emmanuel Saez and Gabriel Zucman offer a comprehensive view of America’s tax system, based on new statistics covering all taxes paid at all levels of government. Their conclusion? For the first time in more than a century, billionaires now pay lower tax rates than their secretaries.Blending history and cutting-edge economic analysis, and writing in lively and jargon-free prose, Saez and Zucman dissect the deliberate choices (and sins of indecision) that have brought us to today: the gradual exemption of capital owners; the surge of a new tax avoidance industry; and the spiral of tax competition among nations. With clarity and concision, they explain how America turned away from the most progressive tax system in history to embrace policies that only serve to compound the wealth of a few.But The Triumph of Injustice is much more than a laser-sharp analysis of one of the great political and intellectual failures of our time. Saez and Zucman propose a visionary, democratic, and practical reinvention of taxes, outlining reforms that can allow tax justice to triumph in today’s globalized world and democracy to prevail over concentrated wealth.A pioneering companion website allows anyone to evaluate proposals made by the authors, and to develop their own alternative tax reform at taxjusticenow.org.

Trumped Up: How Criminalization of Political Differences Endangers Democracy


Alan M. Dershowitz - 2017
    The professor is uniquely capable of arguing a position, while putting a premium on legal and ethical legitimacy, not its popularity. Bravo, Dershowitz!" – Chris Cuomo, anchor and reporter, CNN"This collection shows Alan Dershowitz at his best—passionate, fearless, and occasionally very wrong." – Jeffrey Toobin, bestselling author of The Nine, Too Close to Call, A Vast Conspiracy, and The Run of His Life. "Alan Dershowitz doesn’t twist the constitution to fit an agenda. He tells you what it REALLY means. That’s why he has always been my go-to guy on the law and the Constitution." – Greta Van Susteren, former anchor at CNN, Fox News Channel, and MSNBC"This book will reinforce Alan Dershowitz’s well-earned reputation as a brilliant legal analyst who, although often swimming against the established current, is usually right. Dershowitz substitutes his trenchant legal analysis for the wishful thinking and self-aggrandizing moral superiority that is presented by many in the academy and media, as well as Trump’s political opponents. Dershowitz’s arguments should cause all rational citizens to take a deep breath and recognize, as Dershowitz demonstrates, that Trump may be many things, but, under current law and the known evidence, the President is not a criminal. His analysis seems flawless to me." – Harvey A. Silverglate, Criminal and civil liberties lawyer, author of Three Felonies a Day: How the Feds Target the InnocentIn our current age of hyper-partisan politics, nearly everyone takes sides. This is especially true with regard to the Trump presidency. It has become difficult to have a reasonable discussion about the most controversial president in our recent history. For Trump zealots, their president has not only committed no crimes, he has done nothing wrong. For anti-Trump zealots, nothing Trump has done—even in foreign policy—is good. Everything he has done is wrong, and since it is wrong, it must necessarily be criminal. This deeply undemocratic fallacy—that political sins must be investigated and prosecuted as criminal—is an exceedingly dangerous trend.Hardening positions on both sides has been manifested by increasing demands to criminalize political differences. Both sides scream “lock ‘em up” instead of making substantive criticisms of opposing views.The real fear, as Alan Dershowitz argues, in this compelling collection, is that we have weakened our national commitment to civil liberties as the Left becomes ever more intolerant and the Right slips into authoritarian rhetoric. The vibrant center is weakening, with traditional liberalism and conservatism becoming further apart, not just in approach, but in their respect for Constitutional norms that have served us well for more than two centuries.While Donald Trump is not the only cause of this profound division, his election drew it to the surface and made it the dominant paradigm of political debate. Unless we as a nation begin to focus again on what unites us rather than on what divides us, America might not survive the next decade.

The Poverty of Historicism


Karl Popper - 1957
    One of the most important books on the social sciences since the Second World War, it is a searing insight into the ideas of this great thinker.

JFK: History In An Hour


Sinead Fitzgibbon - 2012
    But, barely one thousand days into his Presidency, he was assassinated. JFK in an Hour provides a compelling and comprehensive overview of this man credited with introducing an aspirational new approach to American politics.Learn about the Kennedy family, the cast that propelled JFK to success despite family tragedy. Discover Kennedy’s talented diplomatic skills when navigating the Space Race, the nuclear missile crisis and his sympathies with the fledging civil rights movement. Learn about the man himself, the charming son, brother and husband, who maintained a charismatic public image, despite suffering from chronic illness all his life. JFK in an Hour provides key insight into why Kennedy epitomised the hopes of a new decade, and remains such an influential figure to this day.Love history? Know your stuff with History in an Hour…

Bastiat Collection


Frédéric Bastiat - 2007
    This restoration project has yielded a collection to treasure. After years of hard work and preparation, we can only report that it is an emotionally thrilling moment to finally offer to the general public. Claude Frédéric Bastiat was an economist and publicist of breathtaking intellectual energy and massive historical influence. He was born in Bayonne, France on June 29th, 1801. After the middle-class Revolution of 1830, Bastiat became politically active and was elected Justice of the Peace in 1831 and to the Council General (county-level assembly) in 1832. He was elected to the national legislative assembly after the French Revolution of 1848. Bastiat was inspired by and routinely corresponded with Richard Cobden and the English Anti-Corn Law League and worked with free-trade associations in France. Bastiat wrote sporadically starting in the 1830s, but in 1844 he launched his amazing publishing career when an article on the effects of protectionism on the French and English people was published in the Journal des Economistes which was held to critical acclaim. The bulk of his remarkable writing career that so inspired the early generation of English translators and so many more is contained in this collection. If we were to take the greatest economists from all ages and judge them on the basis of their theoretical rigor, their influence on economic education, and their impact in support of the free-market economy, then Frédéric Bastiat would be at the top of the list. These volumes bring together his greatest works and represents the early generation of English translations. These translators were like Bastiat himself, people from the private sector who had a love of knowledge and truth and who altered their careers to vigorously pursue intellectual ventures, scholarly publishing, and advocacy of free trade. The collection consists of three sections, the first of which contains his best-known essays. In That Which is Seen, and That Which is Not Seen, Bastiat equips the reader to become an economist in the first paragraph and then presents the story of the broken window where a hoodlum is thought to create jobs and prosperity by breaking windows. Bastiat solves the quandary of prosperity via destruction by noting that while the apparent prosperity is seen, what is unseen is that which would have been produced had the windows not been broken. The second section is Bastiat s Economic Sophisms, a collection of 35 articles on the errors of protectionism broadly conceived. Here Bastiat shows his mastery of the methods of argumentation, using basic logic and taking arguments to their logical extreme to demonstrate and ridicule them as obvious fallacies. In his Negative Railroad Bastiat argues that if an artificial break in a railroad causes prosperity by creating jobs for boatmen, porters, and hotel owners, then there should be not one break, but many, and indeed the railroad should be just a series of breaks a negative railroad. The third section is Bastiat's Economic Harmonies which was hastily written before his death in 1850 and is considered incomplete. Here he demonstrates that the interests of everyone in society are in harmony to the extent that property rights are respected. Because there are no inherent conflicts in the market, government intervention is unnecessary. Here we find a powerful but sadly neglected defense of the main thesis of old-style liberalism: that society and economy are capable of self-managing. Unless this insight is understood and absorbed, a person can never really come to grips with the main meaning of liberty.

An Introduction to Political Theory


O.P. Gauba
    About the Book: Introduction to Political Theory This new edition of An Introduction of Political Theory examines a fairly wide range of issues concerning the ever-expanding field of political theory in a multidisciplinary (historical - sociological - economic - philosophical - juristic) perspective.

The Malay Dilemma


Mahathir Mohamad - 2012
    First published in 1970, the book seeks to explain the causes for the 13 May 1969 riots in Kuala Lumpur.Dr Mahathir sets out his view as to why the Malays are economically backward and why they feel they must insist upon immigrants becoming real Malaysians speaking in due course nothing but Malay, as do immigrants to America or Australia speak nothing but the language of what the author calls “the definitive people”. He argues that the Malays are the rightful owners of Malaya. He also argues that immigrants are guests until properly absorbed, and that they are not properly absorbed until they have abandoned the language and culture of their past.

The American Way of War: A History of United States Military Strategy and Policy


Russell F. Weigley - 1973
    a strong and stimulating book. It has no rival in either scope or quality. For libraries, history buffs, and armchair warriors, it is a must. For political science students, career diplomats, and officers in the armed services, its reading should be required." --History"A particularly timely account." --Kansas City Times"It reads easily but is not a popularized history... nor does the book become a history of battles.... Weigley's analyses and interpretations are searching, competent, and useful." --Perspective

Miami Babylon: Crime, Wealth, and Power - A Dispatch from the Beach


Gerald Posner - 2009
    Gerald Posner, author of the groundbreaking investigations "Case Closed" and "Why America Slept," has uncovered the hair-raising political-financial-criminal history of the Beach and reveals a tale that, in the words of one character, "makes "Scarface" look like a documentary." From its beginnings in the 1890s, the Beach has been a place made by visionaries and hustlers. During Prohibition, Al Capone had to muscle into its bootlegging and gambling businesses. After December 1941, when the Beach was the training ground for half a million army recruits, even the war couldn't stop the party. After a short postwar boom, the city's luck gave out. The big hotels went bankrupt, the crime rate rose, and the tourists moved on to Disney World and the Caribbean. Even after the Beach hosted both national political conventions in 1972, nobody would have imagined that this sandy backwater of run-down hotels and high crime would soon become one of the country's most important cultural centers.But in 1981, 125,000 Cubans arrived by the boatload. The empty streets of South Beach, lined with dilapidated Art Deco hotels, were about to be changed irrevocably by the culture of money that moved in behind cocaine and crime. Posner takes us inside the intertwined lives of politicians, financiers, nightclub owners, and real estate developers who have fed the Beach's unquenchable desire for wealth, flash, and hype: the German playboy who bought the entire tip of South Beach with $100 million of questionable money; the mayoral candidate who said, "If you can't take their money, drink their liquor, mess with their women, and then vote against them, you aren't cut out for politics"; the Staten Island thug who became king of the South Beach nightclubs only to have his empire unravel and saved himself by testifying against the mob; the campaign manager who calls himself the "Prince of Darkness" and got immunity from prosecution in a fraud case by cooperating with the FBI against his colleagues; and the former Washington, D.C., developer who played hardball with city hall and became the Beach's first black hotel owner.From the mid-level coke dealers and their suitcases of cash to the questionable billions that financed the ocean-view condo towers, the Beach has seen it all. Posner's singular report tells the real story of how this small urban beach community was transformed into a world-class headquarters for American culture within a generation. It is a story built by dreamers and schemers. And a steroid-injected cautionary tale.

China Wakes: The Struggle for the Soul of a Rising Power


Nicholas D. Kristof - 1994
    An insightful and thought-provoking analysis of daily life in China, China Wakes is an exemplary work of reportage. 16 pages of photos.

Governing the Commons: The Evolution of Institutions for Collective Action


Elinor Ostrom - 1990
    Both state control and privatization of resources have been advocated, but neither the state nor the market have been uniformly successful in solving common pool resource problems. After critiquing the foundations of policy analysis as applied to natural resources, Elinor Ostrom here provides a unique body of empirical data to explore conditions under which common pool resource problems have been satisfactorily or unsatisfactorily solved. Dr. Ostrom first describes three models most frequently used as the foundation for recommending state or market solutions. She then outlines theoretical and empirical alternatives to these models in order to illustrate the diversity of possible solutions. In the following chapters she uses institutional analysis to examine different ways--both successful and unsuccessful--of governing the commons. In contrast to the proposition of the tragedy of the commons argument, common pool problems sometimes are solved by voluntary organizations rather than by a coercive state. Among the cases considered are communal tenure in meadows and forests, irrigation communities and other water rights, and fisheries.

An Outline of a Theory of Civilization


Yukichi Fukuzawa - 1875
    Through his best-selling works, he helped transform an isolated feudal nation into a full-fledged international force.In Outline of a Theory of Civilization, the author's most sustained philosophical text, Fukuzawa translates and adapts a range of Western works for a Japanese audience, establishing the social, cultural, and political avenues through which Japan could connect with other countries. Echoing the ideas of Western contemporaries such as Ralph Waldo Emerson and Walt Whitman, Fukuzawa encouraged a grassroots elevation of the individual and national spirit, as well as free initiative in the private domain. Fukuzawa's bold project articulated thoughts that, for him, bolstered the material evidence of Western civilization. He argued that the essential difference separating Western countries from Japan and Asia was the extent to which citizens acted like free and responsible individuals.This careful new translation, accompanied by a comprehensive critical introduction, highlights the truly transnational aspects of Outline of a Theory of Civilization and its status as a foundational text of modern Japanese civilization. Approaching Fukuzawa's progressive thought with a fresh eye, these scholars elucidate the monumental and peerless quality of his work.