Capital in the Twenty-First Century


Thomas Piketty - 2013
    But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.

The Order of the Death's Head: The Story of Hitler's SS


Heinz Höhne - 1966
    Swearing eternal allegiance to Adolf Hitler, it infiltrated every aspect of German life and was responsible for the deaths of millions. This gripping history recounts the strange and, at times, absurd true story of Hitler's SS. It exposes an organization that was not directed by some devilishly efficient system but was the product of accident, inevitability, and the random convergence of criminals, social climbers, and romantics. Above all, this eye-opening book describes in fascinating detail the chaotic political conditions that allowed the SS-despite rivalries and bizarre conditions-to assume and exercise unaccountable power.

The Thirty Years War


C.V. Wedgwood - 1938
    After angry Protestants tossed three representatives of the Holy Roman Empire out the window of the royal castle in Prague, world war spread from Bohemia with similar abandon and relentless persistence, destroying European powers from Spain to Sweden as they marched on the contested soil of Germany. Fanatics, speculators, and ordinary people found themselves trapped in a nightmarish world of famine, disease, and seemingly unstoppable destruction. The Thirty Years War was a turning point in the making of modern Europe and the modern world: out of it came the system of nation-states that remains fundamental to international law. C.V. Wedgwood's magisterial book is the only comprehensive account of the war in English, as well as a triumph of scholarship and literature. Includes maps and charts.

The Charisma of Adolf Hitler


Laurence Rees - 2012
    So how was it possible that Hitler became such an attractive figure to millions of people? That is the important question at the core of Laurence Rees' new book.The Holocaust, the Nazi invasion of the Soviet Union, the outbreak of the Second World War - all these cataclysmic events and more can be laid at Hitler's door. Hitler was a war criminal arguably without precedent in the history of the world. Yet, as many who knew him confirm, Hitler was still able to exert a powerful influence over the people who encountered him. In this fascinating book to accompany his new BBC series, the acclaimed historian and documentary maker Laurence Rees examines the nature of Hitler's appeal, and reveals the role Hitler's supposed 'charisma' played in his success. Rees' previous work has explored the inner workings of the Nazi state in The Nazis: A Warning from History and the crimes they committed in Auschwitz: The Nazis and the Final Solution. The Charisma of Adolf Hitler is a natural culmination of twenty years of writing and research on the Third Reich, and a remarkable examination of the man and the mind at the heart of it all.

The Winter Fortress: The Epic Mission to Sabotage Hitler’s Atomic Bomb


Neal Bascomb - 2016
    They have the physicists. They have the will. What they don’t have is enough “heavy water," an essential ingredient for their nuclear designs. For two years, the Nazis have occupied Norway, and with it the Vemork hydroelectric plant, a massive industrial complex nestled on a precipice of a gorge. Vemork is the world’s sole supplier of heavy water, and under the threat of death, its engineers pushed production into overtime. For the Allies, Vemork must be destroyed. But how would they reach the castle fortress high in a mountainous valley? The answer became the most dramatic commando raid of the war. The British Special Operations Executive together a brilliant scientist and eleven refugee Norwegian commandos, who, with little more than parachutes, skis, and Tommy Guns, would destroy Hitler’s nuclear ambitions and help end the reign of the Third Reich. Based on exhaustive research and never-before-seen diaries and letters of the saboteurs, The Winter Fortress is a compulsively readable narrative about a group of young men who endured soul-crushing setbacks and Gestapo hunts and survived in one of the coldest, most inhospitable places on earth to save the world from destruction.

Churchill


Roy Jenkins - 2001
    It will be a brave, not to say foolhardy, author who attempts to write another life of Churchill for at least a decade, perhaps longer."--Andrew Roberts, Sunday Telegraph Roy Jenkins combines unparalleled command of British political history and his own high-level government experience in a narrative account of Churchill's astounding career that is unmatched in its shrewd insights, its unforgettable anecdotes, the clarity of its overarching themes, and the author's nuanced appreciation of his extraordinary subject.Exceptional in its breadth of knowledge and distinguished in its stylish wit and penetrating intelligence, Churchill is one of the finest political biographies of our time.

They Thought They Were Free: The Germans 1933-45


Milton Sanford Mayer - 1955
    Nazism was finished in the bunker in Berlin and its death warrant signed on the bench at Nuremberg.”   That’s Milton Mayer, writing in a foreword to the 1966 edition of They Thought They Were Free. He’s right about the critics: the book was a finalist for the National Book Award in 1956. General readers may have been slower to take notice, but over time they did—what we’ve seen over decades is that any time people, across the political spectrum, start to feel that freedom is threatened, the book experiences a ripple of word-of-mouth interest. And that interest has never been more prominent or potent than what we’ve seen in the past year.  They Thought They Were Free is an eloquent and provocative examination of the development of fascism in Germany. Mayer’s book is a study of ten Germans and their lives from 1933-45, based on interviews he conducted after the war when he lived in Germany. Mayer had a position as a research professor at the University of Frankfurt and lived in a nearby small Hessian town which he disguised with the name “Kronenberg.” “These ten men were not men of distinction,” Mayer noted, but they had been members of the Nazi Party; Mayer wanted to discover what had made them Nazis. His discussions with them of Nazism, the rise of the Reich, and mass complicity with evil became the backbone of this book, an indictment of the ordinary German that is all the more powerful for its refusal to let the rest of us pretend that our moment, our society, our country are fundamentally immune.   A new foreword to this edition by eminent historian of the Reich Richard J. Evans puts the book in historical and contemporary context. We live in an age of fervid politics and hyperbolic rhetoric. They Thought They Were Free cuts through that, revealing instead the slow, quiet accretions of change, complicity, and abdication of moral authority that quietly mark the rise of evil.

The Russian Revolution


Richard Pipes - 1990
    Pipes writes trenchantly, and at times superbly....No single volume known to me even begins to cater so adequately to those who want to discover what really happened to Russia....Nor do I know any other book better designed to help Soviet citizens to struggle out of the darkness."-- Ronald Hingley, The New York Times Book ReviewGround-breaking in its inclusiveness, enthralling in its narrative of a movement whose purpose, in the words of Leon Trotsky, was "to overthrow the world," The Russian Revolution draws conclusions that have already aroused great controversy in this country-and that are certain to be explosive when the book is published in the Soviet Union. Richard Pipes argues convincingly that the Russian Revolution was an intellectual, rather than a class, uprising; that it was steeped in terror from its very outset; and that it was not a revolution at all but a coup d'etat -- "the capture of governmental power by a small minority."

America's Bank: The Epic Struggle to Create the Federal Reserve


Roger Lowenstein - 2015
    Today, the Fed is the bedrock of the financial landscape, yet the fight to create it was so protracted and divisive that it seems a small miracle that it was ever established. For nearly a century, America, alone among developed nations, refused to consider any central or organizing agency in its financial system. Americans’ mistrust of big government and of big banks—a legacy of the country’s Jeffersonian, small-government traditions—was so widespread that modernizing reform was deemed impossible. Each bank was left to stand on its own, with no central reserve or lender of last resort. The real-world consequences of this chaotic and provincial system were frequent financial panics, bank runs, money shortages, and depressions. By the first decade of the twentieth century, it had become plain that the outmoded banking system was ill equipped to finance America’s burgeoning industry. But political will for reform was lacking. It took an economic meltdown, a high-level tour of Europe, and—improbably—a conspiratorial effort by vilified captains of Wall Street to overcome popular resistance. Finally, in 1913, Congress conceived a federalist and quintessentially American solution to the conflict that had divided bankers, farmers, populists, and ordinary Americans, and enacted the landmark Federal Reserve Act.Roger Lowenstein—acclaimed financial journalist and bestselling author of When Genius Failed and The End of Wall Street—tells the drama-laden story of how America created the Federal Reserve, thereby taking its first steps onto the world stage as a global financial power. America’s Bank showcases Lowenstein at his very finest: illuminating complex financial and political issues with striking clarity, infusing the debates of our past with all the gripping immediacy of today, and painting unforgettable portraits of Gilded Age bankers, presidents, and politicians.Lowenstein focuses on the four men at the heart of the struggle to create the Federal Reserve. These were Paul Warburg, a refined, German-born financier, recently relocated to New York, who was horrified by the primitive condition of America’s finances; Rhode Island’s Nelson W. Aldrich, the reigning power broker in the U.S. Senate and an archetypal Gilded Age legislator; Carter Glass, the ambitious, if then little-known, Virginia congressman who chaired the House Banking Committee at a crucial moment of political transition; and President Woodrow Wilson, the academician-turned-progressive-politician who forced Glass to reconcile his deep-seated differences with bankers and accept the principle (anathema to southern Democrats) of federal control. Weaving together a raucous era in American politics with a storied financial crisis and intrigue at the highest levels of Washington and Wall Street, Lowenstein brings the beginnings of one of the country’s most crucial institutions to vivid and unforgettable life. Readers of this gripping historical narrative will wonder whether they’re reading about one hundred years ago or the still-seething conflicts that mark our discussions of banking and politics today.

Stasiland: Stories from Behind the Berlin Wall


Anna Funder - 2003
    In a country where the headquarters of the secret police can become a museum literally overnight, and one in 50 East Germans were informing on their countrymen and women, there are a thousand stories just waiting to get out. Anna Funder tells extraordinary tales from the underbelly of the former East Germany - she meets Miriam, who as a 16-year-old might have started World War III, visits the man who painted the line which became the Berlin Wall and gets drunk with the legendary 'Mik Jegger' of the East, once declared by the authorities to his face to 'no longer to exist'. Written with wit and literary flair, Stasiland provides a rivetting insight into life behind the wall.

The Wisdom of Finance: Discovering Humanity in the World of Risk and Return


Mihir Desai - 2017
    . . the noblest and the most infamous in the world, the finest and most vulgar on earth.” The characterization of finance as deceitful, infamous, and vulgar still rings true today – particularly in the wake of the 2008 financial crisis. But, what happened to the fairest, noblest, and finest profession that de la Vega saw?  De la Vega hit on an essential truth that has been forgotten: finance can be just as principled, life-affirming, and worthy as it can be fraught with questionable practices.  Today, finance is shrouded in mystery for outsiders, while many insiders are uneasy with the disrepute of their profession.  How can finance become more accessible and also recover its nobility? Harvard Business School professor Mihir Desai, in his “last lecture” to the graduating Harvard MBA class of 2015, took up the cause of restoring humanity to finance. With incisive wit and irony, his lecture drew upon a rich knowledge of literature, film, history, and philosophy to explain the inner workings of finance in a manner that has never been seen before. This book captures Desai’s lucid exploration of the ideas of finance as seen through the unusual prism of the humanities. Through this novel, creative approach, Desai shows that outsiders can access the underlying ideas easily and insiders can reacquaint themselves with the core humanity of their profession. The mix of finance and the humanities creates unusual pairings: Jane Austen and Anthony Trollope are guides to risk management; Jeff Koons becomes an advocate of leverage; and Mel Brooks’s The Producers teaches us about fiduciary responsibility. In Desai’s vision, the principles of finance also provide answers to critical questions in our lives. Among many surprising parallels, bankruptcy teaches us how to react to failure, the lessons of mergers apply to marriages, and the Capital Asset Pricing Model demonstrates the true value of relationships. THE WISDOM OF FINANCE is a wholly unique book, offering a refreshing new perspective on one of the world’s most complex and misunderstood professions.

The Worldly Philosophers


Robert L. Heilbroner - 1953
    In this seventh edition, Robert L. Heilbroner provides a new theme that connects thinkers as diverse as Adam Smith and Karl Marx. The theme is the common focus of their highly varied ideas—namely, the search to understand how a capitalist society works. It is a focus never more needed than in this age of confusing economic headlines.In a bold new concluding chapter entitled “The End of the Worldly Philosophy?” Heilbroner reminds us that the word “end” refers to both the purpose and limits of economics. This chapter conveys a concern that today’s increasingly “scientific” economics may overlook fundamental social and political issues that are central to economics. Thus, unlike its predecessors, this new edition provides not just an indispensable illumination of our past but a call to action for our future. (amazon.com)

Conscious Capitalism: Liberating the Heroic Spirit of Business


John E. Mackey - 2012
    cofounder Raj Sisodia argue for the inherent good of both business and capitalism. Featuring some of today’s best-known companies, they illustrate how these two forces can—and do—work most powerfully to create value for all stakeholders: including customers, employees, suppliers, investors, society, and the environment.These "�Conscious Capitalism" companies include Whole Foods Market, Southwest Airlines, Costco, Google, Patagonia, The Container Store, UPS, and dozens of others. We know them; we buy their products or use their services. Now it’s time to better understand how these organizations use four specific tenets—higher purpose, stakeholder integration, conscious leadership, and conscious culture and management—to build strong businesses and help advance capitalism further toward realizing its highest potential.As leaders of the Conscious Capitalism movement, Mackey and Sisodia argue that aspiring leaders and business builders need to continue on this path of transformation—for the good of both business and society as a whole.At once a bold defense and reimagining of capitalism and a blueprint for a new system for doing business grounded in a more evolved ethical consciousness, this book provides a new lens for individuals and companies looking to build a more cooperative, humane, and positive future.

The Villa, The Lake, The Meeting: Wannsee and the Final Solution


Mark Roseman - 2002
    Chaired by Reinhard Heydrich and organised and minuted by Adolf Eichmann, it brought together representatives of all the principal Nazi agencies in eastern Europe. Pooling the expertise of those present, Heydrich created the plan that would let Europe 'be combed through from west to east' for Jews and which would put the Final Solution on a rational and industrial footing.

Hitlerland: American Eyewitnesses to the Nazi Rise to Power


Andrew Nagorski - 2012
    By tapping a rich vein of personal testimonies, Hitlerland offers a gripping narrative full of surprising twists—and a startlingly fresh perspective on this heavily dissected era.Some of the Americans in Weimar and then Hitler’s Germany were merely casual observers, others deliberately blind; a few were Nazi apologists. But most slowly began to understand the horror of what was unfolding, even when they found it difficult to grasp the breadth of the catastrophe. Among the journalists, William Shirer, Edgar Mowrer, and Dorothy Thompson were increasingly alarmed. Consul General George Messersmith stood out among the American diplomats because of his passion and courage. Truman Smith, the first American official to meet Hitler, was an astute political observer and a remarkably resourceful military attaché. Historian William Dodd, whom FDR tapped as ambassador in Hitler’s Berlin, left disillusioned; his daughter Martha scandalized the embassy with her procession of lovers from her initial infatuation with Nazis she took up with. She ended as a Soviet spy.On the scene were George Kennan, who would become famous as the architect of containment; Richard Helms, who rose to the top of the CIA; Howard K. Smith, who would one day coanchor the ABC Evening News. The list of prominent visitors included writers Sinclair Lewis and Thomas Wolfe, famed aviator Charles Lindbergh, the great athlete Jesse Owens, newspaper publisher William Randolph Hearst, and black sociologist and historian W.E.B. Dubois. Observing Hitler and his movement up close, the most perceptive of these Americans helped their reluctant countrymen begin to understand the nature of Nazi Germany as it ruthlessly eliminated political opponents, instilled hatred of Jews and anyone deemed a member of an inferior race, and readied its military and its people for a war for global domination. They helped prepare Americans for the years of struggle ahead.