Book picks similar to
A Culture of Growth: The Origins of the Modern Economy by Joel Mokyr
economics
history
economic-history
non-fiction
The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
Ron Chernow - 1990
Acclaimed by The Wall Street Journal as "brilliantly researched and written," the book tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned. It is the definitive account of the rise of the modern financial world. A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P. Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece, a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.
Stone Age Economics
Marshall Sahlins - 1974
When it was originally published in 1974, E. Evans-Pritchard of the Times Literary Supplement noted that this classic study of anthropological economics "is rich in factual evidence and in ideas, so rich that a brief review cannot do it justice; only another book could do that."
Border: A Journey to the Edge of Europe
Kapka Kassabova - 2017
When she was a child, the border zone was rumored to be an easier crossing point into the West than the Berlin Wall, and it swarmed with soldiers and spies. On holidays in the “Red Riviera” on the Black Sea, she remembers playing on the beach only miles from a bristling electrified fence whose barbs pointed inward toward the enemy: the citizens of the totalitarian regime.Kassabova discovers a place that has been shaped by successive forces of history: the Soviet and Ottoman empires, and, older still, myth and legend. Her exquisite portraits of fire walkers, smugglers, treasure hunters, botanists, and border guards populate the book. There are also the ragged men and women who have walked across Turkey from Syria and Iraq. But there seem to be nonhuman forces at work here too: This densely forested landscape is rich with curative springs and Thracian tombs, and the tug of the ancient world, of circular time and animism, is never far off.Border is a scintillating, immersive travel narrative that is also a shadow history of the Cold War, a sideways look at the migration crisis troubling Europe, and a deep, witchy descent into interior and exterior geographies.
Fentanyl, Inc.: How Rogue Chemists Are Creating the Deadliest Wave of the Opioid Epidemic
Ben Westhoff - 2019
is the first deep-dive investigation of a hazardous and illicit industry that has created a worldwide epidemic, ravaging communities and overwhelming and confounding government agencies that are challenged to combat it. "A whole new crop of chemicals is radically changing the recreational drug landscape," writes Ben Westhoff. "These are known as Novel Psychoactive Substances (NPS) and they include replacements for known drugs like heroin, cocaine, ecstasy, and marijuana. They are synthetic, made in a laboratory, and are much more potent than traditional drugs"--and all-too-often tragically lethal. Drugs like fentanyl, K2, and Spice--and those with arcane acronyms like 25i-NBOMe-- were all originally conceived in legitimate laboratories for proper scientific and medicinal purposes. Their formulas were then hijacked and manufactured by rogue chemists, largely in China, who change their molecular structures to stay ahead of the law, making the drugs' effects impossible to predict. Westhoff has infiltrated this shadowy world, becoming the first journalist to report from inside an illicit Chinese fentanyls lab and providing startling and original reporting on how China's vast chemical industry operates, and how the Chinese government subsidizes it. He tracks down the little-known scientists who invented these drugs and inadvertently killed thousands, as well as a mysterious drug baron who turned the law upside down in his home country of New Zealand. Poignantly, Westhoff chronicles the lives of addicted users and dealers, families of victims, law enforcement officers, and underground drug awareness organizers in the U.S. and Europe. Together they represent the shocking and riveting full anatomy of a calamity we are just beginning to understand. From its depths, as Westhoff relates, are emerging new strategies that may provide essential long-term solutions to the drug crisis that has affected so many.
Capitalism and Freedom
Milton Friedman - 1962
The result is an accessible text that has sold well over half a million copies in English, has been translated into eighteen languages, and shows every sign of becoming more and more influential as time goes on.
Ages of American Capitalism: A History of the United States
Jonathan I. LevyJonathan I. Levy - 2021
Working from the beginning of U.S. history to the present, he found that capitalism in America has evolved through four distinct ages, separated by dramatic cataclysms that each forced a major turn in how the economy operated. In an ambitious, single-volume history of the United States, he reveals how the country's economic evolution is inseparable from the nature of American life.The Age of Commerce spans the colonial era, the founding of the United States, and up to the outbreak of t he Civil War, a period of history where economic growth and output was the result of the spread of trade, but also largely dependent on enslaved labor and severely limited by what could be drawn from the land beyond subsistence farming. The Age of Capital traces the impact of the first major leap in economic development following the Civil War: the Industrial Revolution, when capitalists set physical capital down in factories to produce commercial goods, fueled by labor moving into cities. But, investments in the new industrial economy led to great volatility, most dramatically with the outbreak of the Great Depression in 1929. The Great Depression immediately sparked the Age of Control, when the government took on a more active role in the economy, first trying to jumpstart it and then funding military production in World War II. Skepticism of government intervention in the Cold War combined with recession and stagflation during the 1970s led to a crisis of industrial capitalism, and the withdrawal of political will for regulation. In the Age of Chaos that followed, the combination of deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008.Today, in the aftermath of the Age of Chaos and in the midst of severe political discord, the nature of capitalism in United States once again is at a crossroads. In Ages of American Capitalism, Jonathan Levy proves that, contrary to political dogma, capitalism in the United States has never been just one thing. Instead, it has morphed through the country's history--and it's likely changing again right now.
The Slave Trade: The Story of the Atlantic Slave Trade, 1440-1870
Hugh Thomas - 1997
Beginning with the first Portuguese slaving expeditions, he describes and analyzes the rise of one of the largest and most elaborate maritime and commercial ventures in all of history. Between 1492 and 1870, approximately eleven million black slaves were carried from Africa to the Americas to work on plantations, in mines, or as servants in houses. "The Slave Trade" is alive with villains and heroes and illuminated by eyewitness accounts. Hugh Thomas's achievement is not only to present a compelling history of the time but to answer as well such controversial questions as who the traders were, the extent of the profits, and why so many African rulers and peoples willingly collaborated. Thomas also movingly describes such accounts as are available from the slaves themselves.
After Tamerlane: The Global History of Empire Since 1405
John Darwin - 2007
The death of the great Tatar emperor Tamerlane in 1405, writes historian John Darwin, was a turning point in world history. Never again would a single warlord, raiding across the steppes, be able to unite Eurasia under his rule. After Tamerlane, a series of huge, stable empires were founded and consolidated— Chinese, Mughal, Persian, and Ottoman—realms of such grandeur, sophistication, and dynamism that they outclassed the fragmentary, quarrelsome nations of Europe in every respect. The nineteenth century saw these empires fall vulnerable to European conquest, creating an age of anarchy and exploitation, but this had largely ended by the twenty-first century, with new Chinese and Indian super-states and successful independent states in Turkey and Iran. This elegantly written, magisterial account challenges the conventional narrative of the “Rise of the West,” showing that European ascendancy was neither foreordained nor a linear process. Indeed, it is likely to be a transitory phase. After Tamerlane is a vivid, bold, and innovative history of how empires rise and fall, from one of Britain’s leading scholars. It will take its place beside other provocative works of “large history,” from Paul Kennedy’s The Rise and Fall of the Great Powers to David Landes’s The Wealth and Poverty of Nations or Niall Ferguson’s Empire.
What Money Can't Buy: The Moral Limits of Markets
Michael J. Sandel - 2012
Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets?In recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society.In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?
Cognitive Surplus: Creativity and Generosity in a Connected Age
Clay Shirky - 2010
For decades, technology encouraged people to squander their time and intellect as passive consumers. Today, tech has finally caught up with human potential. In Cognitive Surplus, Internet guru Clay Shirky forecasts the thrilling changes we will all enjoy as new digital technology puts our untapped resources of talent and goodwill to use at last. Since we Americans were suburbanized and educated by the postwar boom, we've had a surfeit of intellect, energy, and time-what Shirky calls a cognitive surplus. But this abundance had little impact on the common good because television consumed the lion's share of it-and we consume TV passively, in isolation from one another. Now, for the first time, people are embracing new media that allow us to pool our efforts at vanishingly low cost. The results of this aggregated effort range from mind expanding-reference tools like Wikipedia-to lifesaving-such as Ushahidi.com, which has allowed Kenyans to sidestep government censorship and report on acts of violence in real time. Shirky argues persuasively that this cognitive surplus-rather than being some strange new departure from normal behavior-actually returns our society to forms of collaboration that were natural to us up through the early twentieth century. He also charts the vast effects that our cognitive surplus- aided by new technologies-will have on twenty-first-century society, and how we can best exploit those effects. Shirky envisions an era of lower creative quality on average but greater innovation, an increase in transparency in all areas of society, and a dramatic rise in productivity that will transform our civilization. The potential impact of cognitive surplus is enormous. As Shirky points out, Wikipedia was built out of roughly 1 percent of the man-hours that Americans spend watching TV every year. Wikipedia and other current products of cognitive surplus are only the iceberg's tip. Shirky shows how society and our daily lives will be improved dramatically as we learn to exploit our goodwill and free time like never before.
The Absent Superpower: The Shale Revolution and a World Without America
Peter Zeihan - 2017
Terrorism spills out of the Middle East into Europe. Russia, Iran, Saudi Arabia, China and Japan vie to see who can be most aggressive. Financial breakdown in Asia and Europe guts growth, challenging hard-won political stability.Yet for the Americans, these changes are fantastic. Alone among the world's powers, only the United States is geographically wealthy, demographically robust, and energy secure. That last piece -- American energy security -- is rapidly emerging as the most critical piece of the global picture.The American shale revolution does more than sever the largest of the remaining ties that bind America's fate to the wider world. It re-industrializes the United States, accelerates the global order's breakdown, and triggers a series of wide ranging military conflicts that will shape the next two decades. The common theme? Just as the global economy tips into chaos, just as global energy becomes dangerous, just as the world really needs the Americans to be engaged, the United States will be...absent.In 2014's The Accidental Superpower, geopolitical strategist Peter Zeihan made the case that geographic, demographic and energy trends were unravelling the global system. Zeihan takes the story a step further in The Absent Superpower, mapping out the threats and opportunities as the world descends into Disorder.
Absolute Monarchs: A History of the Papacy
John Julius Norwich - 2011
Norwich presents such popes as Innocent I, who in the fifth century successfully negotiated with Alaric the Goth, an invader civil authorities could not defeat; Leo I, who two decades later tamed (and perhaps paid off) Attila the Hun; the infamous “pornocracy”—the five libertines who were descendants or lovers of Marozia, debauched daughter of one of Rome’s most powerful families; Pope Paul III, “the greatest pontiff of the sixteenth century,” who reinterpreted the Church’s teaching and discipline; John XXIII, who in five short years starting in 1958 instituted reforms that led to Vatican II; and Benedict XVI, who is coping with today’s global priest sex scandal.
The Future Is History: How Totalitarianism Reclaimed Russia
Masha Gessen - 2017
Award-winning journalist Masha Gessen’s understanding of the events and forces that have wracked Russia in recent times is unparalleled. In The Future Is History, Gessen follows the lives of four people born at what promised to be the dawn of democracy. Each of them came of age with unprecedented expectations, some as the children and grandchildren of the very architects of the new Russia, each with newfound aspirations of their own–as entrepreneurs, activists, thinkers, and writers, sexual and social beings. Gessen charts their paths against the machinations of the regime that would crush them all, and against the war it waged on understanding itself, which ensured the unobstructed reemergence of the old Soviet order in the form of today’s terrifying and seemingly unstoppable mafia state. Powerful and urgent, The Future Is History is a cautionary tale for our time and for all time.
Globalists: The End of Empire and the Birth of Neoliberalism
Quinn Slobodian - 2018
Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level.Slobodian begins in Austria in the 1920s. Empires were dissolving and nationalism, socialism, and democratic self-determination threatened the stability of the global capitalist system. In response, Austrian intellectuals called for a new way of organizing the world. But they and their successors in academia and government, from such famous economists as Friedrich Hayek and Ludwig von Mises to influential but lesser-known figures such as Wilhelm Röpke and Michael Heilperin, did not propose a regime of laissez-faire. Rather they used states and global institutions--the League of Nations, the European Court of Justice, the World Trade Organization, and international investment law--to insulate the markets against sovereign states, political change, and turbulent democratic demands for greater equality and social justice.Far from discarding the regulatory state, neoliberals wanted to harness it to their grand project of protecting capitalism on a global scale. It was a project, Slobodian shows, that changed the world, but that was also undermined time and again by the inequality, relentless change, and social injustice that accompanied it.
The Coming of the Third Reich
Richard J. Evans - 2003
Its political culture was less authoritarian than Russia's and less anti-Semitic than France's; representative institutions were thriving, and competing political parties and elections were a central part of life. How then can we explain the fact that in little more than a generation this stable modern country would be in the hands of a violent, racist, extremist political movement that would lead it and all of Europe into utter moral, physical, and cultural ruin?There is no story in twentieth-century history more important to understand, and Richard Evans has written the definitive account for our time. A masterful synthesis of a vast body of scholarly work integrated with important new research and interpretations, Evans's history restores drama and contingency to the rise to power of Hitler and the Nazis, even as he shows how ready Germany was by the early 1930s for such a takeover to occur. With many people angry and embittered by military defeat and economic ruin; a state undermined by a civil service, an army, and a law enforcement system deeply alienated from the democratic order introduced in 1918; beset by the growing extremism of voters prey to panic about the increasing popularity of communism; home to a tiny but quite successful Jewish community subject to widespread suspicion and resentment, Germany proved to be fertile ground for Nazism's ideology of hatred.The first book of what will ultimately be a complete three-volume history of Nazi Germany, The Coming of the Third Reich is a masterwork of the historian's art and the book by which all others on this subject will be judged.