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
Good Wives: Image and Reality in the Lives of Women in Northern New England, 1650-1750
Laurel Thatcher Ulrich - 1982
In these pages we encounter the awesome burdens -- and the considerable power -- of a New England housewife's domestic life and witness her occasional forays into the world of men. We see her borrowing from her neighbors, loving her husband, raising -- and, all too often, mourning -- her children, and even attaining fame as a heroine of frontier conflicts or notoriety as a murderess. Painstakingly researched, lively with scandal and homely detail, Good Wives is history at its best.
Mr. and Mrs. Madison's War: America's First Couple and the War of 1812
Hugh Howard - 2012
Dressed in black, James Madison mourns the nation's loss. Smoke rises from the ruin of the Capitol before him; a mile away stands the blackened shell of the White House. The British have laid waste to Washington City, and as Mr. Madison gazes at the terrible vista, he ponders the future-his country's defeat or victory-in a war he began over the unanimous objections of his political adversaries. As we approach its bicentennial, the War of 1812 remains the least understood of America's wars. To some it was a conflict that resolved nothing, but to others, it was our second war of independence, settling once and for all that America would never again submit to Britain. At its center was James Madison-our most meditative of presidents, yet the first one to declare war. And at his side was the extraordinary Dolley, who defined the role of first lady for all to follow, and who would prove perhaps her husband's most indispensable ally.In this powerful new work, drawing on countless primary sources, acclaimed historian Hugh Howard presents a gripping account of the conflict as James and Dolley Madison experienced it. Mr. and Mrs. Madison's War rediscovers a conflict fought on land and sea-from the shores of the Potomac to the Great Lakes-that proved to be a critical turning point in American history.Advance praise for Mr. and Mrs. Madison's War :"Hugh Howard has turned the least known and understood war in American history into a Technicolor, wide-screen epic of thrilling naval battles, brutal backwoods skirmishes, villainous intrigue, and stirring heroism. Thanks to Howard's prodigious research, fine eye for the telling detail, and vivid prose, the War of 1812 seems as contemporary and compelling as yesterday's battlefield dispatches from the Middle East."-Thurston Clarke, New York Times bestselling author of The Last Campaign
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.
Rivals Unto Death: Alexander Hamilton and Aaron Burr
Rick Beyer - 2017
The famous duel between Alexander Hamilton and Aaron Burr was the culmination of a story three decades in the making. Rivals unto Death vividly traces their rivalry back to the earliest days of the American Revolution, when Hamilton and Burr -- both brilliant, restless, and barely twenty years old -- elbowed their way onto the staff of General George Washington. The fast-moving account traces their intricate tug-of war, uncovering surprising details that led to their deadly encounter through battlefields, courtrooms, bedrooms, and the wildest presidential election in history, counting down the years to their fateful rendezvous on the dueling ground. This is politics made personal: shrill accusations, bruising collisions, and a parade of flesh and blood founders struggling--and often failing--to keep their tempers and jealousies in check. Smoldering in the background was a fundamental political divide that threatened to tear the new nation in two, and still persists to this day. The Burr and Hamilton that leap out of these pages are passionate, engaging, and utterly human characters inextricably linked together as Rivals unto Death.
Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and the Government Bailout Will Make Things Worse
Thomas E. Woods Jr. - 2009
In clear, no-nonsense terms, Woods explains what led up to this economic crisis, who's really to blame, and why government bailouts won't work. Woods will reveal:* Which brave few economists predicted the economic fallout--and why nobody listened* What really caused the collapse* Why the Fed--not taxpayers--should have to answer for the current economic crisis* Why bailouts are band-aids that will only provide temporary relief and ultimately make things worse* What we should do instead, to put our economy on a healthy path to recoveryWith a foreword from Ron Paul, Meltdown is the free-market answer to the Fed-created economic crisis. As the new Obama administration inevitably calls for more regulations, Woods argues that the only way to rebuild our economy is by returning to the fundamentals of capitalism and letting the free market work
John Marshall: Definer of a Nation
Jean Edward Smith - 1996
An apt symbol of the man who shaped both court and country.Working from primary sources, Jean Edward Smith has drawn an elegant portrait of a remarkable man. Lawyer, jurist, scholars; soldier, comrade, friend; and, most especially, lover of fine Madeira, good food, and animated table talk: the Marshall who emerges from these pages is noteworthy for his very human qualities as for his piercing intellect, and, perhaps most extraordinary, for his talents as a leader of men and a molder of consensus. A man of many parts, a true son of the Enlightenment, John Marshall did much for his country, and John Marshall: Definer of a Nation demonstrates this on every page.
A World in Disarray: American Foreign Policy and the Crisis of the Old Order
Richard N. Haass - 2017
The rules, policies, and institutions that have guided the world since World War II have largely run their course. Respect for sovereignty alone cannot uphold order in an age defined by global challenges from terrorism and the spread of nuclear weapons to climate change and cyberspace. Meanwhile, great power rivalry is returning. Weak states pose problems just as confounding as strong ones. The United States remains the world’s strongest country, but American foreign policy has at times made matters worse, both by what the U.S. has done and by what it has failed to do. The Middle East is in chaos, Asia is threatened by China’s rise and a reckless North Korea, and Europe, for decades the world’s most stable region, is now anything but. As Richard Haass explains, the election of Donald Trump and the unexpected vote for “Brexit” signals that many in modern democracies reject important aspects of globalization, including borders open to trade and immigrants.In A World in Disarray, Haass argues for an updated global operating system—call it world order 2.0—that reflects the reality that power is widely distributed and that borders count for less. One critical element of this adjustment will be adopting a new approach to sovereignty, one that embraces its obligations and responsibilities as well as its rights and protections. Haass also details how the U.S. should act towards China and Russia, as well as in Asia, Europe, and the Middle East. He suggests, too, what the country should do to address its dysfunctional politics, mounting debt, and the lack of agreement on the nature of its relationship with the world.A World in Disarray is a wise examination, one rich in history, of the current world, along with how we got here and what needs doing. Haass shows that the world cannot have stability or prosperity without the United States, but that the United States cannot be a force for global stability and prosperity without its politicians and citizens reaching a new understanding.
The Woman Behind the New Deal: The Life of Frances Perkins, FDR'S Secretary of Labor and His Moral Conscience
Kirstin Downey - 2009
Based on eight years of research, extensive archival materials, new documents, and exclusive access to Perkins’s family members and friends, this biography is the first complete portrait of a devoted public servant with a passionate personal life, a mother who changed the landscape of American business and society.Frances Perkins was named Secretary of Labor by Franklin Roosevelt in 1933. As the first female cabinet secretary, she spearheaded the fight to improve the lives of America’s working people while juggling her own complex family responsibilities. Perkins’s ideas became the cornerstones of the most important social welfare and legislation in the nation’s history, including unemployment compensation, child labor laws, and the forty-hour work week. Arriving in Washington at the height of the Great Depression, Perkins pushed for massive public works projects that created millions of jobs for unemployed workers. She breathed life back into the nation’s labor movement, boosting living standards across the country. As head of the Immigration Service, she fought to bring European refugees to safety in the United States. Her greatest triumph was creating Social Security. Written with a wit that echoes Frances Perkins’s own, award-winning journalist Kirstin Downey gives us a riveting exploration of how and why Perkins slipped into historical oblivion, and restores Perkins to her proper place in history.
A Storm of Witchcraft: The Salem Trials and the American Experience
Emerson W. Baker - 2014
Villagers--mainly young women--suffered from unseen torments that caused them to writhe, shriek, and contort their bodies, complaining of pins stuck into their flesh and of being haunted by specters. Believing that they suffered from assaults by an invisible spirit, the community began a hunt to track down those responsible for the demonic work. The resulting Salem Witch Trials, culminating in the execution of 19 villagers, persists as one of the most mysterious and fascinating events in American history. Historians have speculated on a web of possible causes for the witchcraft that stated in Salem and spread across the region-religious crisis, ergot poisoning, an encephalitis outbreak, frontier war hysteria--but most agree that there was no single factor. Rather, as Emerson Baker illustrates in this seminal new work, Salem was "a perfect storm": a unique convergence of conditions and events that produced something extraordinary throughout New England in 1692 and the following years, and which has haunted us ever since. Baker shows how a range of factors in the Bay colony in the 1690s, including a new charter and government, a lethal frontier war, and religious and political conflicts, set the stage for the dramatic events in Salem. Engaging a range of perspectives, he looks at the key players in the outbreak--the accused witches and the people they allegedly bewitched, as well as the judges and government officials who prosecuted them--and wrestles with questions about why the Salem tragedy unfolded as it did, and why it has become an enduring legacy. Salem in 1692 was a critical moment for the fading Puritan government of Massachusetts Bay, whose attempts to suppress the story of the trials and erase them from memory only fueled the popular imagination. Baker argues that the trials marked a turning point in colonial history from Puritan communalism to Yankee independence, from faith in collective conscience to skepticism toward moral governance. A brilliantly told tale, A Storm of Witchcraft also puts Salem's storm into its broader context as a part of the ongoing narrative of American history and the history of the Atlantic World.
Mr. Lincoln's T-Mails: The Untold Story of How Abraham Lincoln Used the Telegraph to Win the Civil War
Tom Wheeler - 2006
Among the many modern marvels that gave the North an advantage was the telegraph, which Lincoln used to stay connected to the forces in the field in almost real time.No leader in history had ever possessed such a powerful tool to gain control over a fractious situation. An eager student of technology, Lincoln (the only president to hold a patent) had to learn to use the power of electronic messages. Without precedent to guide him, Lincoln began by reading the telegraph traffic among his generals. Then he used the telegraph to supplement his preferred form of communication—meetings and letters. He did not replace those face-to-face interactions. Through this experience, Lincoln crafted the best way to guide, reprimand, praise, reward, and encourage his commanders in the field.Mr. Lincoln's T-Mails tells a big story within a small compass. By paying close attention to Lincoln's "lightning messages," we see a great leader adapt to a new medium. No reader of this work of history will be able to miss the contemporary parallels. Watching Lincoln carefully word his messages—and follow up on those words with the right actions—offers a striking example for those who spend their days tapping out notes on computers and BlackBerrys.An elegant work of history, Mr. Lincoln's T-Mails is an instructive example of timeless leadership lessons.
The Federal Reserve and the Financial Crisis
Ben S. Bernanke - 2013
Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges.Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great Moderation. Bernanke then delves into the Fed's reaction to the recent financial crisis, focusing on the central bank's role as the lender of last resort and discussing efforts that injected liquidity into the banking system. Bernanke points out that monetary policies alone cannot revive the economy, and he describes ongoing structural and regulatory problems that need to be addressed.Providing first-hand knowledge of how problems in the financial system were handled, The Federal Reserve and the Financial Crisis will long be studied by those interested in this critical moment in history.
One Nation Under God: How Corporate America Invented Christian America
Kevin M. Kruse - 2015
But in One Nation Under God, historian Kevin M. Kruse reveals that the belief that America is fundamentally and formally Christian originated in the 1930s.To fight the “slavery” of FDR’s New Deal, businessmen enlisted religious activists in a campaign for “freedom under God” that culminated in the election of their ally Dwight Eisenhower in 1952. The new president revolutionized the role of religion in American politics. He inaugurated new traditions like the National Prayer Breakfast, as Congress added the phrase “under God” to the Pledge of Allegiance and made “In God We Trust” the country’s first official motto. Church membership soon soared to an all-time high of 69 percent. Americans across the religious and political spectrum agreed that their country was “one nation under God.”Provocative and authoritative, One Nation Under God reveals how an unholy alliance of money, religion, and politics created a false origin story that continues to define and divide American politics to this day.
Young Patriots: The Remarkable Story of Two Men, Their Impossible Plan, and the Revolution That Created the Constitution
Charles A. Cerami - 2005
From New York Times bestselling author Cerami comes the great underdog story of Alexander Hamilton and James Madison, who envisioned a plan that no one else thought could happen--a truly United States.
Patriot Battles: How the War of Independence Was Fought
Michael Stephenson - 2007
The first part of the book offers a richly detailed examination of the nuts and bolts of eighteenth-century combat: For example, who fought and what motivated them, whether patriot or redcoat, Hessian or Frenchman? How were they enlisted and trained? How were they clothed and fed? What weapons did they use, and how effective were they? When soldiers became casualties or fell ill, how did medical services deal with them? What roles did loyalists, women, blacks, and Indians play?The second part of the book gives a closer look at the war's greatest battles, with maps provided for each. Which men were involved, and how many? What was the state of their morale and equipment? What parts did terrain and weather play? What were the qualities of the respective commanders, and what tactics did they employ? How many casualties were inflicted? And no less important, how did the soldiers fight?Throughout, many cherished myths are challenged, reputations are reassessed, and long-held assumptions are tested. For all readers, Patriot Battles becomes not only one of the most satisfying and illuminating works to be added to the literature on the War of Independence in many years but also a refreshing wind blowing through some of its dustier corridors.
The Vapors: A Southern Family, the New York Mob, and the Rise and Fall of Hot Springs, America's Forgotten Capital of Vice
David Hill - 2020
Hot Springs, Arkansas was home to healing waters, Art Deco splendor, and America’s original national park—as well as horse racing, nearly a dozen illegal casinos, countless backrooms and brothels, and some of the country’s most bald-faced criminals.Gangsters, gamblers, and gamines: all once flocked to America’s forgotten capital of vice, a place where small-town hustlers and bigtime high-rollers could make their fortunes, and hide from the law. The Vapors is the extraordinary story of three individuals—spanning the golden decades of Hot Springs, from the 1930s through the 1960s—and the lavish casino whose spectacular rise and fall would bring them together before blowing them apart.Hazel Hill was still a young girl when legendary mobster Owney Madden rolled into town in his convertible, fresh off a crime spree in New York. He quickly established himself as the gentleman Godfather of Hot Springs, cutting barroom deals and buying stakes in the clubs at which Hazel made her living—and drank away her sorrows. Owney’s protégé was Dane Harris, the son of a Cherokee bootlegger who rose through the town’s ranks to become Boss Gambler. It was his idea to build The Vapors, a pleasure palace more spectacular than any the town had ever seen, and an establishment to rival anything on the Vegas Strip or Broadway in sophistication and supercharged glamour.In this riveting work of forgotten history, native Arkansan David Hill plots the trajectory of everything from organized crime to America’s fraught racial past, examining how a town synonymous with white gangsters supported a burgeoning black middle class. He reveals how the louche underbelly of the South was also home to veterans hospitals and baseball’s spring training grounds, giving rise to everyone from Babe Ruth to President Bill Clinton. Infused with the sights and sounds of America’s entertainment heyday—jazz orchestras and auctioneers, slot machines and suited comedians—The Vapors is an arresting glimpse into a bygone era of American vice.