Book picks similar to
The Founders and Finance: How Hamilton, Gallatin, and Other Immigrants Forged a New Economy by Thomas K. McCraw
history
economics
american-history
finance
The Forgotten Man: A New History of the Great Depression
Amity Shlaes - 2007
She shows how both Presidents Hoover and Roosevelt failed to understand the prosperity of the 1920s and heaped massive burdens on the country that more than offset the benefit of New Deal programs.
American Creation: Triumphs and Tragedies at the Founding of the Republic
Joseph J. Ellis - 2007
Historian Ellis guides readers thru the decisive issues of the nation's founding, and illuminates the emerging philosophies, shifting alliances, and personal and political foibles of now iconic leaders. He explains how the idea of a strong federal government, championed by Washington, was eventually embraced by the American people, the majority of whom had to be won over. He details the emergence of the two-party system--then a political novelty--which today stands as the founders' most enduring legacy. But Ellis is equally incisive about their failures, making clear how their inability to abolish slavery and to reach a just settlement with the Native Americans has played an equally important role in shaping our national character. Ellis strips the mythic veneer of the revolutionary generation to reveal men possessed of both brilliance and blindness.
Almost a Miracle: The American Victory in the War of Independence
John Ferling - 2007
As Ferling demonstrates, it was a war that America came much closer to losing than is now usually remembered. General George Washington put it best when he said that the American victory was "little short of a standing miracle." Almost a Miracle offers an illuminating portrait of America's triumph, offering vivid descriptions of all the major engagements, from the first shots fired on Lexington Green to the surrender of General Cornwallis at Yorktown, revealing how these battles often hinged on intangibles such as leadership under fire, heroism, good fortune, blunders, tenacity, and surprise. Ferling paints sharp-eyed portraits of the key figures in the war, including General Washington and other American officers and civilian leaders. Some do not always measure up to their iconic reputations, including Washington himself. The book also examines the many faceless men who soldiered, often for years on end, braving untold dangers and enduring abounding miseries. The author explains why they served and sacrificed, and sees them as the forgotten heroes who won American independence.
Revolutionary Characters: What Made the Founders Different
Gordon S. Wood - 2006
The life of each; Washington, Adams, Jefferson, Franklin, Hamilton, Madison, Paine is presented individually as well as collectively, but the thread that binds these portraits together is the idea of character as a lived reality. They were members of the first generation in history that was self-consciously self-made men who understood that the arc of lives, as of nations, is one of moral progress.
Capitalism in America: A History
Alan Greenspan - 2018
To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite?In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.
The Great Crash of 1929
John Kenneth Galbraith - 1954
Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community." Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.
The Summer of 1787: The Men Who Invented the Constitution
David O. Stewart - 2007
The Summer of 1787 takes us into the sweltering room in which delegates struggled for four months to produce the flawed but enduring document that would define the nation -- then and now. George Washington presided, James Madison kept the notes, Benjamin Franklin offered wisdom and humor at crucial times. The Summer of 1787 traces the struggles within the Philadelphia Convention as the delegates hammered out the charter for the world's first constitutional democracy. Relying on the words of the delegates themselves to explore the Convention's sharp conflicts and hard bargaining, David O. Stewart lays out the passions and contradictions of the often painful process of writing the Constitution. It was a desperate balancing act. Revolutionary principles required that the people have power, but could the people be trusted? Would a stronger central government leave room for the states? Would the small states accept a Congress in which seats were alloted according to population rather than to each sovereign state? And what of slavery? The supercharged debates over America's original sin led to the most creative and most disappointing political deals of the Convention. The room was crowded with colorful and passionate characters, some known -- Alexander Hamilton, Gouverneur Morris, Edmund Randolph -- and others largely forgotten. At different points during that sultry summer, more than half of the delegates threatened to walk out, and some actually did, but Washington's quiet leadership and the delegates' inspired compromises held the Convention together. In a country continually arguing over the document's original intent, it is fascinating to watch these powerful characters struggle toward consensus -- often reluctantly -- to write a flawed but living and breathing document that could evolve with the nation.
Desperate Sons: The Secret Band of Radicals Who Led the Colonies to War
Les Standiford - 2012
With Desperate Sons, the New York Times bestselling author of Bringing Adam Home tells the remarkable story of America’s first patriots, the Sons of Liberty, whose revolutionary acts have become legend. With all the suspense and power of a historical action thriller, Standiford’s Desperate Sons recounts the courage and tenacity of a hardy group that included Samuel Adams, Patrick Henry, and John Hancock—radical activists who were responsible for some of the most notorious events leading up to the American Revolution, from the Boston Tea Party to Paul Revere’s fabled midnight ride. Fans of David McCullough’s John Adams and 1776 will be riveted by this true history of young men inflamed by the fires of common purpose who helped a new nation to rise up against its British oppressor.
Revolutionaries: A New History of the Invention of America
Jack N. Rakove - 2010
In his hands, Adams, Jefferson, Madison, Washington, and Hamilton were not pitchfork-wielding radicals or relentless power seekers. They started out as men of property and private affairs, tending to careers and families, making their way in a deeply provincial world. But when events in Massachusetts escalated out of control after the Boston Tea Party, they were swept up in the crisis, their private lives suddenly transformed into public careers. Rakove shows us how reluctant the revolutionaries were and what that meant for the founding of the Republic.Each of his portraits brims with fascinating and fresh insights: Washington as a flawed tactician but charismatic leader, Jack Laurens as a slave trader’s son who developed a plan to recruit black soldiers, Madison as a constitution maker with a broad and compelling vision of a new government. Rakove uses the stories of these famous (and not so famous) men to show how their views of politics, war, diplomacy, and society shaped the emerging idea of an American nation. With a finely tuned blend of narrative and analysis, he gives us a provocative new interpretation of the Revolution and its aftermath. Thoughtful, clear-minded, and persuasive, this is narrative and intellectual history of the highest order.
Bunker Hill: A City, a Siege, a Revolution
Nathaniel Philbrick - 2013
After the Boston Tea Party, British and American soldiers and Massachusetts residents have warily maneuvered around each other until April 19, when violence finally erupts at Lexington and Concord. In June, however, with the city cut off from supplies by a British blockade and Patriot militia poised in siege, skirmishes give way to outright war in the Battle of Bunker Hill. It would be the bloodiest battle of the Revolution to come, and the point of no return for the rebellious colonists.Philbrick brings a fresh perspective to every aspect of the story. He finds new characters, and new facets to familiar ones. The real work of choreographing rebellion falls to a thirty-three year old physician named Joseph Warren who emerges as the on-the-ground leader of the Patriot cause and is fated to die at Bunker Hill. Others in the cast include Paul Revere, Warren’s fiancé the poet Mercy Scollay, a newly recruited George Washington, the reluctant British combatant General Thomas Gage and his more bellicose successor William Howe, who leads the three charges at Bunker Hill and presides over the claustrophobic cauldron of a city under siege as both sides play a nervy game of brinkmanship for control.With passion and insight, Philbrick reconstructs the revolutionary landscape—geographic and ideological—in a mesmerizing narrative of the robust, messy, blisteringly real origins of America.
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.
First Principles: What America's Founders Learned from the Greeks and Romans and How That Shaped Our Country
Thomas E. Ricks - 2020
On every page I learned something new. Read it every night if you want to restore your faith in our country." —James Mattis, General, U.S. Marines (ret.) & 26th Secretary of Defense The Pulitzer Prize-winning journalist and #1 New York Times bestselling author offers a revelatory new book about the founding fathers, examining their educations and, in particular, their devotion to the ancient Greek and Roman classics—and how that influence would shape their ideals and the new American nation.On the morning after the 2016 presidential election, Thomas Ricks awoke with a few questions on his mind: What kind of nation did we now have? Is it what was designed or intended by the nation’s founders? Trying to get as close to the source as he could, Ricks decided to go back and read the philosophy and literature that shaped the founders’ thinking, and the letters they wrote to each other debating these crucial works—among them the Iliad, Plutarch’s Lives, and the works of Xenophon, Epicurus, Aristotle, Cato, and Cicero. For though much attention has been paid the influence of English political philosophers, like John Locke, closer to their own era, the founders were far more immersed in the literature of the ancient world.The first four American presidents came to their classical knowledge differently. Washington absorbed it mainly from the elite culture of his day; Adams from the laws and rhetoric of Rome; Jefferson immersed himself in classical philosophy, especially Epicureanism; and Madison, both a groundbreaking researcher and a deft politician, spent years studying the ancient world like a political scientist. Each of their experiences, and distinctive learning, played an essential role in the formation of the United States. In examining how and what they studied, looking at them in the unusual light of the classical world, Ricks is able to draw arresting and fresh portraits of men we thought we knew.First Principles follows these four members of the Revolutionary generation from their youths to their adult lives, as they grappled with questions of independence, and forming and keeping a new nation. In doing so, Ricks interprets not only the effect of the ancient world on each man, and how that shaped our constitution and government, but offers startling new insights into these legendary leaders.
Robert Morris: Financier of the American Revolution
Charles Rappleye - 2010
Morris started life in the colonies as an apprentice in a counting house. By the time of the Revolution he was a rich man, a commercial and social leader in Philadelphia. He organized a clandestine trading network to arm the American rebels, joined the Second Continental Congress, and financed George Washington’s two crucial victories—Valley Forge and the culminating battle at Yorktown that defeated Cornwallis and ended the war.The leader of a faction that included Benjamin Franklin, Alexander Hamilton, James Madison, and Washington, Morris ran the executive branches of the revolutionary government for years. He was a man of prodigious energy and adroit management skills and was the most successful businessman on the continent. He laid the foundation for public credit and free capital markets that helped make America a global economic leader. But he incurred powerful enemies who considered his wealth and influence a danger to public "virtue" in a democratic society.After public service, he gambled on land speculations that went bad, and landed in debtors prison, where George Washington, his loyal friend, visited him.This once wealthy and powerful man ended his life in modest circumstances, but Rappleye restores his place as a patriot and an immensely important founding father.
Americana: A 400-Year History of American Capitalism
Bhu Srinivasan - 2017
Americana takes us on a four-hundred-year journey of this spirit of innovation and ambition through a series of Next Big Things -- the inventions, techniques, and industries that drove American history forward: from the telegraph, the railroad, guns, radio, and banking to flight, suburbia, and sneakers, culminating with the Internet and mobile technology at the turn of the twenty-first century. The result is a thrilling alternative history of modern America that reframes events, trends, and people we thought we knew through the prism of the value that, for better or for worse, this nation holds dearest: capitalism.In a winning, accessible style, Bhu Srinivasan boldly takes on four centuries of American enterprise, revealing the unexpected connections that link them. We learn how Andrew Carnegie's early job as a telegraph messenger boy paved the way for his leadership of the steel empire that would make him one of the nation's richest men; how the gunmaker Remington reinvented itself in the postwar years to sell typewriters; how the inner workings of the Mafia mirrored the trend of consolidation and regulation in more traditional business; and how a 1950s infrastructure bill triggered a series of events that produced one of America's most enduring brands: KFC. Reliving the heady early days of Silicon Valley, we are reminded that the start-up is an idea as old as America itself.Entertaining, eye-opening, and sweeping in its reach, Americana is an exhilarating new work of narrative history.
The First American: The Life and Times of Benjamin Franklin
H.W. Brands - 2000
Benjamin Franklin, perhaps the pivotal figure in colonial and revolutionary America, comes vividly to life in this masterly biography.Wit, diplomat, scientist, philosopher, businessman, inventor, and bon vivant, Benjamin Franklin was in every respect America’s first Renaissance man. From penniless runaway to highly successful printer, from ardently loyal subject of Britain to architect of an alliance with France that ensured America’s independence, Franklin went from obscurity to become one of the world’s most admired figures, whose circle included the likes of Voltaire, Hume, Burke, and Kant. Drawing on previously unpublished letters and a host of other sources, acclaimed historian H. W. Brands has written a thoroughly engaging biography of the eighteenth-century genius. A much needed reminder of Franklin’s greatness and humanity, The First American is a work of meticulous scholarship that provides a magnificent tour of a legendary historical figure, a vital era in American life, and the countless arenas in which the protean Franklin left his legacy.