Book picks similar to
The Downfall of Money: Germany’s Hyperinflation and the Destruction of the Middle Class by Frederick Taylor
economics
history
germany
non-fiction
The Fall of the Dynasties: The Collapse of the Old Order: 1905-1922
Edmond Taylor - 1962
The Death of Democracy: Hitler's Rise to Power and the Downfall of the Weimar Republic
Benjamin Carter Hett - 2018
He would never have come to power if Germany’s leading politicians had not responded to a spate of populist insurgencies by trying to co-opt him, a strategy that backed them into a corner from which the only way out was to bring the Nazis in. Hett lays bare the misguided confidence of conservative politicians who believed that Hitler and his followers would willingly support them, not recognizing that their efforts to use the Nazis actually played into Hitler’s hands. They had willingly given him the tools to turn Germany into a vicious dictatorship.Benjamin Carter Hett is a leading scholar of twentieth-century Germany and a gifted storyteller whose portraits of these feckless politicians show how fragile democracy can be when those in power do not respect it. He offers a powerful lesson for today, when democracy once again finds itself embattled and the siren song of strongmen sounds ever louder.
Grand Pursuit: A History of Economic Genius
Sylvia Nasar - 2011
It’s the epic story of the making of modern economics, and of how economics rescued mankind from squalor and deprivation by placing its material fate in its own hands rather than in Fate. Nasar’s account begins with Charles Dickens and Henry Mayhew observing and publishing the condition of the poor majority in mid-nineteenth-century London, the richest and most glittering place in the world. This was a new pursuit. She describes the often heroic efforts of Marx, Engels, Alfred Marshall, Beatrice and Sydney Webb, and the American Irving Fisher to put those insights into action—with revolutionary consequences for the world. From the great John Maynard Keynes to Schumpeter, Hayek, Keynes’s disciple Joan Robinson, the influential American economists Paul Samuelson and Milton Freedman, and India’s Nobel Prize winner Amartya Sen, she shows how the insights of these activist thinkers transformed the world—from one city, London, to the developed nations in Europe and America, and now to the entire planet. In Nasar’s dramatic narrative of these discoverers we witness men and women responding to personal crises, world wars, revolutions, economic upheavals, and each other’s ideas to turn back Malthus and transform the dismal science into a triumph over mankind’s hitherto age-old destiny of misery and early death. This idea, unimaginable less than 200 years ago, is a story of trial and error, but ultimately transcendent, as it is rendered here in a stunning and moving narrative.
Basic Economics: A Citizen's Guide to the Economy
Thomas Sowell - 2000
Sowell reveals the general principles behind any kind of economy-capitalist, socialist, feudal, and so on. In readable language, he shows how to critique economic policies in terms of the incentives they create, rather than the goals they proclaim. With clear explanations of the entire field, from rent control and the rise and fall of businesses to the international balance of payments, this is the first book for anyone who wishes to understand how the economy functions.
Knight's Cross: A Life of Field Marshal Erwin Rommel
David Fraser - 1993
It is must reading for every aficionado of modern military history.” –San Francisco ChronicleErwin Rommel’s instinct for battle and leadership places him among the great commanders of history. In this definitive biography, David Fraser, an acclaimed biographer and distinguished soldier, looks at Rommel’s career and shows how wild and superficially undisciplined Rommel’s bold style of leadership could be, and how it inspired the men under his command to attack with ferocity and pursue with tenacity—qualities that served him well in his great battles in the North African desert and throughout his entire military career. Fraser also thoroughly explores the question of Rommel’s possible involvement in the plot against Hitler and the reason for his forced suicide, even though there was no criminal evidence against him.Revealing his failings as well as his genius, Knight’s Cross is a fascinating biography of a soldier whose distinguished career has become a part of history.
The Nazi Seizure of Power: The Experience of a Single German Town 1922-1945
William Sheridan Allen - 1965
Beginning at the end of the Weimar Republic, Allen examines the entire period of the Nazi Revolution within a single locality.Tackling one of the 20th century's greatest dilemmas, Allen demonstrates how this dictatorship subtly surmounted democracy and how the Nazi seizure of power encroached from below. Relying upon legal records and interviews with primary sources, Allen dissects Northeim, Germany with microscopic precision to depict the transformation of a sleepy town to a Nazi stronghold. In this cogent analysis, Allen argues that Hitler rose to power primarily through democratic tactics that incited localized support rather than through violent means.Allen's detailed, analysis has indisputably become a classic. Revised on the basis of newly discovered Nazi documents, The Nazi Seizure of Power: The Experience of a Single German Town, 1922-1945 continues to significantly contribute to the understanding of this prominent political and moral dispute of the 1900s.
The German War: A Nation Under Arms
Nicholas Stargardt - 2013
How and why, then, did the Germans prolong the barbaric conflict for three and a half more years?In The German War, acclaimed historian Nicholas Stargardt draws on an extraordinary range of primary source materials—personal diaries, court records, and military correspondence—to answer this question. He offers an unprecedented portrait of wartime Germany, bringing the hopes and expectations of the German people—from infantrymen and tank commanders on the Eastern front to civilians on the home front—to vivid life. While most historians identify the German defeat at Stalingrad as the moment when the average German citizen turned against the war effort, Stargardt demonstrates that the Wehrmacht in fact retained the staunch support of the patriotic German populace until the bitter end.Astonishing in its breadth and humanity, The German War is a groundbreaking new interpretation of what drove the Germans to fight—and keep fighting—for a lost cause.
Disobeying Hitler: German Resistance After Operation Valkyrie
Randall Hansen - 2013
Anyone with even a passing interest in the Second World War knows about the plot to assassinate Hitler in 1944. There was even a Tom Cruise movie. But the story of the great wave of resistance that arose in the year that followed--with far-reaching consequences--has never been told before. Drawing on newly opened archives, acclaimed historian Randall Hansen shows that many high-ranking Nazis, and average German citizens in far greater numbers than previously recognized, reacted defiantly to the Fuhrer's by then manifest insanity. Together they spared cities from being razed, and prevented the needless obliteration of industry and infrastructure. Disobeying Hitler presents new evidence on three direct violations of orders made personally by Adolf Hitler: The refusal by the commander of Paris to destroy the city; Albert Speer's refusal to implement a scorched earth policy in Germany; and the failure to defend Hamburg against invading British forces. In gripping, story-driven style, Disobeying Hitler shows how the brave resistence of soldiers and civilians, under constant threat of death, was crucial for the outcome of the war. Their bravery saved countless lives and helped lay the foundations for European economic recovery--and continued peace
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 Fall of the Ottomans: The Great War in the Middle East
Eugene Rogan - 2015
But in the aftermath of the assassination in Sarajevo, the powers of Europe were sliding inexorably toward war, and not even the Middle East could escape the vast and enduring consequences of one of the most destructive conflicts in human history. The Great War spelled the end of the Ottomans, unleashing powerful forces that would forever change the face of the Middle East.In The Fall of the Ottomans, award-winning historian Eugene Rogan brings the First World War and its immediate aftermath in the Middle East to vivid life, uncovering the often ignored story of the region's crucial role in the conflict. Bolstered by German money, arms, and military advisors, the Ottomans took on the Russian, British, and French forces, and tried to provoke Jihad against the Allies in their Muslim colonies. Unlike the static killing fields of the Western Front, the war in the Middle East was fast-moving and unpredictable, with the Turks inflicting decisive defeats on the Entente in Gallipoli, Mesopotamia, and Gaza before the tide of battle turned in the Allies' favor. The great cities of Baghdad, Jerusalem, and, finally, Damascus fell to invading armies before the Ottomans agreed to an armistice in 1918.The postwar settlement led to the partition of Ottoman lands between the victorious powers, and laid the groundwork for the ongoing conflicts that continue to plague the modern Arab world. A sweeping narrative of battles and political intrigue from Gallipoli to Arabia, The Fall of the Ottomans is essential reading for anyone seeking to understand the Great War and the making of the modern Middle East.
More Money Than God: Hedge Funds and the Making of a New Elite
Sebastian Mallaby - 2010
Wealthy, powerful, and potentially dangerous, hedge fund moguls have become the It Boys of twenty-first century capitalism. Ken Griffin of Citadel started out trading convertible bonds from his dorm room at Harvard. Julian Robertson staffed his hedge fund with college athletes half his age, then he flew them to various retreats in the Rockies and raced them up the mountains. Paul Tudor Jones posed for a magazine photograph next to a killer shark and happily declared that a 1929-style crash would be "total rock-and-roll" for him. Michael Steinhardt was capable of reducing underlings to sobs. "All I want to do is kill myself," one said. "Can I watch?" Steinhardt responded. Finance professors have long argued that beating the market is impossible, and yet drawing on insights from physics, economics, and psychology, these titans have cracked the market's mysteries and gone on to earn fortunes. Their innovation has transformed the world, spawning new markets in exotic financial instruments and rewriting the rules of capitalism. More than just a history, More Money Than God is a window on tomorrow's financial system. Hedge funds have been left for dead after past financial panics: After the stock market rout of the early 1970s, after the bond market bloodbath of 1994, after the collapse of Long Term Capital Management in 1998, and yet again after the dot-com crash in 2000. Each time, hedge funds have proved to be survivors, and it would be wrong to bet against them now. Banks such as CitiGroup, brokers such as Bear Stearns and Lehman Brothers, home lenders such as Fannie Mae and Freddie Mac, insurers such as AIG, and money market funds run by giants such as Fidelity-all have failed or been bailed out. But the hedge fund industry has survived the test of 2008 far better than its rivals. The future of finance lies in the history of hedge funds.
The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources
Javier Blas - 2020
But we should.In The World for Sale, two leading journalists lift the lid on one of the least scrutinised corners of the economy: the workings of the billionaire commodity traders who buy, hoard and sell the earth's resources.It is the story of how a handful of swashbuckling businessmen became indispensable cogs in global markets: enabling an enormous expansion in international trade, and connecting resource-rich countries - no matter how corrupt or war-torn - with the world's financial centres.And it is the story of how some traders acquired untold political power, right under the noses of Western regulators and politicians - helping Saddam Hussein to sell his oil, fuelling the Libyan rebel army during the Arab Spring, and funnelling cash to Vladimir Putin's Kremlin in spite of strict sanctions.The result is an eye-opening tour through the wildest frontiers of the global economy, as well as a revelatory guide to how capitalism really works.__________________________'This jaw-dropping study shows how much money and global influence is concentrated in the hands of a tiny group . . . A remarkable book . . . As the authors roam from oilfield to wheatfield, they reveal information so staggering you almost gasp.'
SUNDAY TIMES
'Rollicking yarns from the biggest ever commodity boom . . . The high level narrative is gripping enough. But it is the details of what these freewheeling companies actually got up to that give the book a thriller-like quality . . . Educational and entertaining.'
FINANCIAL TIMES
'A fascinating and revealing story . . . There are tales in the book of breathtaking trades, such as shipments of rebel oil from war-torn Libya or deals bartered amid the brutal "aluminium wars" in the Russia of the 1990s.'
ECONOMIST
'A globe-spanning corporate thriller, full of intrigue and double dealing . . . Changes how we see the world, often in horrifying ways . . . New insights and reporting mean that even seasoned observers will be amazed.'
SPECTATOR
'Javier Blas and Jack Farchy should be awaiting the call from Hollywood. The World for Sale contains at least half a dozen narrative threads that would form the basis of a good thriller. But the authors' main achievement is to subject the biggest commodity players, and their impact on the real world, to proper critical scrutiny.'
REUTERS
'Blas and Farchy shine light on what's long been the financial markets' darkest corner - the crucial, yet underappreciated, role commodity traders play in global finance and geopolitics . . . The World For Sale is a fascinating, eye-opening read.' GREGORY ZUCKERMAN, author of The Man Who Solved the Market'The definitive, eye-opening story of the most powerful and secretive traders in the world.' BRADLEY HOPE, co-author of Billion Dollar Whale'If you have the slightest interest in how the modern world was made, by whom, at what price, and at what profit, this is the book for you . . . Superbly researched.'
FOREIGN POLICY
'Javier Blas and Jack Farchy deftly peel back the curtain on the amoral swashbucklers of capitalism who trade in commodities . . . The World for Sale is a gripping account of how they achieved their stranglehold over the world economy, and their troubling influence on global politics.' BRAD STONE, author of The Everything Store'Some of the stories could be straight out of John Le Carré. The difference is they're true . . . Fascinating.' ANDREW NEIL
The House of Government: A Saga of the Russian Revolution
Yuri Slezkine - 2017
Written in the tradition of Tolstoy's War and Peace, Grossman's Life and Fate, and Solzhenitsyn's The Gulag Archipelago, Yuri Slezkine's gripping narrative tells the true story of the residents of an enormous Moscow apartment building where top Communist officials and their families lived before they were destroyed in Stalin's purges. A vivid account of the personal and public lives of Bolshevik true believers, the book begins with their conversion to Communism and ends with their children's loss of faith and the fall of the Soviet Union.Completed in 1931, the House of Government, later known as the House on the Embankment, was located across the Moscow River from the Kremlin. The largest residential building in Europe, it combined 550 furnished apartments with public spaces that included everything from a movie theater and a library to a tennis court and a shooting range. Slezkine tells the chilling story of how the building's residents lived in their apartments and ruled the Soviet state until some eight hundred of them were evicted from the House and led, one by one, to prison or their deaths.Drawing on letters, diaries, and interviews, and featuring hundreds of rare photographs, The House of Government weaves together biography, literary criticism, architectural history, and fascinating new theories of revolutions, millennial prophecies, and reigns of terror. The result is an unforgettable human saga of a building that, like the Soviet Union itself, became a haunted house, forever disturbed by the ghosts of the disappeared.
Hitler's Beneficiaries: Plunder, Racial War, and the Nazi Welfare State
Götz Aly - 2005
Buoyed by millions of packages soldiers sent from the front, Germans also benefited from the systematic plunder of Jewish possessions. Any qualms were swept away by waves of tax breaks and government handouts.Hitler's Beneficiaries has been hailed as "startling" by Richard Evans, and as "fascinating and important" by Christopher Browning. Above all, as Omer Bartov testifies, this remarkable book "irreversibly transforms our understanding of the Third Reich."
Economics: The User's Guide
Ha-Joon Chang - 2014
Now, in an entertaining and accessible primer, he explains how the global economy actually works—in real-world terms. Writing with irreverent wit, a deep knowledge of history, and a disregard for conventional economic pieties, Chang offers insights that will never be found in the textbooks.Unlike many economists, who present only one view of their discipline, Chang introduces a wide range of economic theories, from classical to Keynesian, revealing how each has its strengths and weaknesses, and why there is no one way to explain economic behavior. Instead, by ignoring the received wisdom and exposing the myriad forces that shape our financial world, Chang gives us the tools we need to understand our increasingly global and interconnected world often driven by economics. From the future of the Euro, inequality in China, or the condition of the American manufacturing industry here in the United States—Economics: The User’s Guide is a concise and expertly crafted guide to economic fundamentals that offers a clear and accurate picture of the global economy and how and why it affects our daily lives.