A Nation of Deadbeats: An Uncommon History of America's Financial Disasters


Scott Reynolds Nelson - 2012
     It is also a story of dramatic financial panics that defined the nation, created its political parties, and forced tens of thousands to escape their creditors to new towns in Texas, Florida, and California.  As far back as 1792, these panics boiled down to one simple question: Would Americans pay their debts—or were we just a nation of deadbeats? From the merchant William Duer’s attempts to speculate on post–Revolutionary War debt, to an ill-conceived 1815 plan to sell English coats to Americans on credit, to the debt-fueled railroad expansion that precipitated the Panic of 1857, Scott Reynolds Nelson offers a crash course in America’s worst financial disasters—and a concise explanation of the first principles that caused them all. Nelson shows how consumer debt, both at the highest levels of finance and in the everyday lives of citizens, has time and again left us unable to make good. The problem always starts with the chain of banks, brokers, moneylenders, and insurance companies that separate borrowers and lenders.  At a certain point lenders cannot tell good loans from bad—and when chits are called in, lenders frantically try to unload the debts, hide from their own creditors, go into bankruptcy, and lobby state and federal institutions for relief. With a historian’s keen observations and a storyteller’s nose for character and incident, Nelson captures the entire sweep of America’s financial history in all its utter irrationality: national banks funded by smugglers; fistfights in Congress over the gold standard; and presidential campaigns forged in stinging controversies on the subject of private debt. A Nation of Deadbeats is a fresh, irreverent look at Americans’ addiction to debt and how it has made us what we are today.

America Beyond Capitalism: Reclaiming Our Wealth, Our Liberty, and Our Democracy


Gar Alperovitz - 2004
    . . . A tonic and eye-opener for anyone who wants a politics that works."-Jane Mansbridge, Adams Professor, John F. Kennedy School of Government, Harvard University"America Beyond Capitalism comes at a critical time in our history-when we all know our system isn't working but we are not sure what can be done about it. This book takes us outside the confines of orthodox thinking, imagines a new way of living together, and then brings that vision back into reality with a set of eminently practical ideas that promise a truly democratic society."-Howard Zinn, author of A People's History of the United States"Succeeds brilliantly in taking the Jeffersonian spirit into the last bastion of privilege in America, offering workable solutions for making the American economy one that is truly of, by, and for the people."-Jeremy Rifkin, author of The European Dream: How Europe's Vision of the Future Is Quietly Eclipsing the American Dream"The kind of careful, well-researched, and practical alternative progressives have been seeking. And it's more-visionary, hopeful, even inspirational. I highly recommend it."-Juliet Schor, author of The Overspent American: Why We Want What We Don't Need"A compelling and convincing story of the future."-William Greider, author of The Soul of Capitalism: Opening Paths to a Moral Economy

We Wanted Workers: Unraveling the Immigration Narrative


George J. Borjas - 2016
    As early as 1645, the Massachusetts Bay Colony began to prohibit the entry of “paupers.” Today, however, the notion that immigration is universally beneficial has become pervasive. To many modern economists, immigrants are a trove of much-needed workers who can fill predetermined slots along the proverbial assembly line.But this view of immigration’s impact is overly simplified, explains George J. Borjas, a Cuban-American, Harvard labor economist. Immigrants are more than just workers—they’re people who have lives outside of the factory gates and who may or may not fit the ideal of the country to which they’ve come to live and work. Like the rest of us, they’re protected by social insurance programs, and the choices they make are affected by their social environments.In We Wanted Workers, Borjas pulls back the curtain of political bluster to show that, in the grand scheme, immigration has not affected the average American all that much. But it has created winners and losers. The losers tend to be nonmigrant workers who compete for the same jobs as immigrants. And somebody’s lower wage is somebody else’s higher profit, so those who employ immigrants benefit handsomely. In the end, immigration is mainly just another government redistribution program.“I am an immigrant,” writes Borjas, “and yet I do not buy into the notion that immigration is universally beneficial. . . . But I still feel that it is a good thing to give some of the poor and huddled masses, people who face so many hardships, a chance to experience the incredible opportunities that our exceptional country has to offer.” Whether you’re a Democrat, a Republican, or an Independent, We Wanted Workers is essential reading for anyone interested in the issue of immigration in America today.

Development as Freedom


Amartya Sen - 1999
    Freedom, Sen argues, is both the end and most efficient means of sustaining economic life and the key to securing the general welfare of the world's entire population. Releasing the idea of individual freedom from association with any particular historical, intellectual, political, or religious tradition, Sen clearly demonstrates its current applicability and possibilities. In the new global economy, where, despite unprecedented increases in overall opulence, the contemporary world denies elementary freedoms to vast numbers—perhaps even the majority of people—he concludes, it is still possible to practically and optimistically regain a sense of social accountability. Development as Freedom is essential reading.

The Edge of Disaster: Rebuilding a Resilient Nation


Stephen Flynn - 2007
    We have learned little from the cataclysms of September 11 and Hurricane Katrina. When it comes to catastrophe, America is living on borrowed time-and squandering it. In this new book, leading security expert Stephen Flynn issues a call to action, demanding that we wake up and prepare immediately for a safer future. The truth is acts of terror cannot always be prevented, and nature continues to show its fury in frighteningly unpredictable ways. Resiliency, argues Flynn, must now become our national motto. With chilling frankness and clarity, Flynn paints an all too real scenario of the threats we face within our own borders. A terrorist attack on a tanker carrying liquefied natural gas into Boston Harbor could kill thousands and leave millions more of New Englanders without power or heat. The destruction of a ship with a cargo of oil in Long Beach, California, could bring the West Coast economy to its knees and endanger the surrounding population. But even these all-too-plausible terrorist scenarios pale in comparison to the potential destruction wrought by a major earthquake or hurricane. Our growing exposure to man-made and natural perils is largely rooted in our own negligence, as we take for granted the infrastructure handed down to us by earlier generations. Once the envy of the world, this infrastructure is now crumbling. After decades of neglect, our public health system leaves us at the mercy of microbes that could kill millions in the next flu pandemic. Flash flooding could wipe out a fifty-year-old dam north of Phoenix, placing thousands of homes and lives at risk. The next San Francisco earthquake could destroy century-old levees, contaminating the freshwater supply that most of California relies on for survival. It doesn't have to be this way. "The Edge of Disaster "tells us what we can do about it, as individuals and as a society. We can-and, Flynn argues, we must-construct a more resilient nation. With the wounds of recent national tragedies still unhealed, the time to act is now. Flynn argues that by tackling head-on, eyes open the perils that lie before us, we can remain true to our most important and endearing national trait: our sense of optimism about the future and our conviction that we can change it for the better for ourselves-and our children. "Steve Flynn offers the answer not only to protecting America from terrorist attacks and natural disaster but also to revitalizing our democracy. This book is a must-read for all members of Congress, 2008 presidential candidates, and ordinary citizens who want to build a better and safer future."-Anne-Marie Slaughter, dean, Woodrow Wilson School of Public and International Affairs, Princeton University Advance praise for "The Edge of Disaster" "Steve Flynn has done it again. Like America the Vulnerable before it, "The Edge of Disaster" is the must-read book for every American, elected official, and presidential candidate who is committed to ensuring that our nation continue to thrive in perilous times."-Mark Warner, former governor of Virginia "Since 9/11, protecting our nation against a terrorist attack has consumed policy makers in Washington. What Stephen Flynn points out in The Edge of Disaster is that much of this effort has been directed overseas, often at the expense of our homeland and its much more likely areas of vulnerability. Laying out a series of potential disasters both manmade and natural, Flynn calls for a greater emphasis on preparedness and the ability of communities and the nation to recover. Painting an often frustrating and infuriating picture of missed opportunities, "The Edge of Disaster "is a call to action. The time to act is now. We can only hope that policy makers are listening." -Christine Todd Whitman, former governor of New Jersey and former administrator, Environmental Protection Agency (2001-03) "Steve Flynn's book makes the very persuasive argument that national security preparedness is linked to natural disaster preparedness. By investing significantly in our critical infrastructure, in citizen preparedness, and most importantly in leadership, we can be better prepared for all hazards. A great book that I highly recommend." -James Lee Witt, former director, Federal Emergency Management Agency "Steve Flynn has become a relentless contributor to the dialogue on prioritizing the work of the post-9/11 security environment. "The Edge of Disaster" calls into question the neglect of domestic preparedness in favor of the Department of Defense-driven offensive in the global war on terrorism. The book offers provocative challenges to both our elected and our private-sector leaders, and both should read it thoroughly." -Admiral James M. Loy, former commandant, U.S. Coast Guard, and former deputy secretary of homeland security

Reaganland: America's Right Turn 1976-1980


Rick Perlstein - 2020
    After chronicling America’s transformation from a center-left to center-right nation for two decades, Rick Perlstein now focuses on the tumultuous life of President Ronald Reagan from 1976–1980. Within the book’s four-year time frame, Perlstein touches on themes of confluence as he discusses the four stories that define American politics up to the age of Trump. There is the rise of a newly aggressive corporate America diligently organizing to turn back the liberal tide: powerful unions, environmentalism, and unprecedentedly suffusing regulation. There is the movement of political mobilized conservative Christians, organizing to reverse the cultural institutionalization of the 1960s insurgencies. Third, there is the war for the Democratic Party, transformed under Jimmy Carter as a vehicle promoting “austerity” and “sacrifice”—a turn that spurs a counter-reaction from liberal forces who go to war with Carter to return the party to its populist New Deal patrimony. And finally, there is the ascendency of Ronald Reagan, considered washed up after his 1976 defeat for the Republican nomination and too old to run for president in any event, who nonetheless dramatically emerges as the heroic embodiment of America’s longing to transcend the 1970s dark storms—from Love Canal to Jonestown, John Wayne Gacy to the hostages in Iran. Hailed as “the chronicler extraordinaire of American conservatism” (Politico), Perlstein explores the complex years of Ronald Reagan’s presidency offering new and timely insights to issues that still remain relevant today.

Ever Closer Union: An Introduction to European Integration


Desmond Dinan - 1994
    This new edition retains the familiar three-part structure - history, institutions, and policies - but incorporates expanded coverage of both enlargement issues and constitutional change. New policy and institutional developments are thoroughly explored, and an entirely new chapter examines the decisionmaking dynamics among the Commission, Council, and Parliament. The completely revised chapter on the complicated EU-U.S. relationship includes discussions of the Bush administration's worldview, the broad repercussions of the terrorist attacks in the United States and Spain, and the ongoing fallout from the war in Iraq.

The Return: Russia's Journey from Gorbachev to Medvedev


Daniel Treisman - 2010
    Since shaking off communism two decades ago, the country has seemed wobbly at best, thoroughly corrupt and threatening at worst. But in recent years, as noted scholar Daniel Treisman shows in this compelling account, Russia has re-emerged as a pivotal nation in world affairs. In The Return, Treisman cuts through the myths and misinformation, as well as ongoing academic and journalistic debates, to present a portrait of a strong and independent country that is returning to the international community on its own terms. Drawing on two decades of research, interviews, and insider observation, The Return provides the first comprehensive history of post-communist Russia. From Gorbachev to Yeltsin, Putin, and Medvedev, it traces the twists and turns of the country’s evolution, uncovering the causes behind Russia’s plunge into depression in the 1990s and resurgence since 2000. Rather than a nation frozen in ancient authoritarian traditions, as Russia is often portrayed, Treisman shows a society modernizing rapidly, with a government that, although less than democratic, is sensitive to public opinion but which has been repeatedly buffeted by economic forces—the collapse of Soviet planning, the gyrations of oil prices—that have alternately boosted and drained the leaders’ popularity. Knocked off balance once again by the global financial crisis, the Kremlin’s current bosses must now struggle to reignite the growth on which the stability of their regime depends.As Russia grapples with its economic difficulties, the West will have to come to terms with the new Russia. With its UN Security Council veto, thousands of atomic warheads, continental dimensions, and vast mineral resources, Moscow sits at the epicenter of the toughest challenges the world will confront in the next generation—from Islamic terrorism and nuclear proliferation to energy security and global warming. To enlist Russia’s cooperation in solving the problems of the twenty-first century, Western leaders will need to look beyond common misconceptions to see the country as it is rather than as it has often been imagined or depicted.Based on extensive research by an expert with intimate knowledge of the country, the book provides insight into the prospects for democracy in Russia, the challenges and opportunities of doing business there, the wars in Chechnya, and the motives behind Moscow’s foreign policy. The Return is the ultimate accounting of what Russia is today, how it got there, and where it’s going.

Beyond the Red Wall: Why Labour Lost, How the Conservatives Won and What Will Happen Next?


Deborah Mattinson - 2020
    

No Excuses: Concessions of a Serial Campaigner


Robert Shrum - 2007
    Never before have we seen such a penetrating view of the inside drama, tensions, and foibles of champaigns, consultants, and campaigners. Comments Doris Kearns Goodwin, an author.

Two Weeks in November: The astonishing inside story of the coup that toppled Mugabe


Douglas Rogers - 2019
    

The Making of Global Capitalism: The Political Economy of American Empire


Leo Panitch - 2012
    Globalization had appeared to be the natural outcome of this unstoppable process. But today, with global markets roiling and increasingly reliant on state intervention to stay afloat, it has become clear that markets and states aren’t straightforwardly opposing forces.In this groundbreaking work, Leo Panitch and Sam Gindin demonstrate the intimate relationship between modern capitalism and the American state, including its role as an “informal empire” promoting free trade and capital movements. Through a powerful historical survey, they show how the US has superintended the restructuring of other states in favor of competitive markets and coordinated the management of increasingly frequent financial crises.The Making of Global Capitalism, through its highly original analysis of the first great economic crisis of the twenty-first century, identifies the centrality of the social conflicts that occur within states rather than between them. These emerging fault lines hold out the possibility of new political movements transforming nation states and transcending global markets.

Coup d'État: A Practical Handbook


Edward N. Luttwak - 1968
    Coup d'Etat outlines the mechanism of the coup & analyzes the conditions political, military & social, that gives rise to it. In doing so, the book sheds much light on societies where power does indeed grow out of the barrel of a gun & the role of law is a concept little understood.List of FiguresList of TablesForewordPreace to the 1st EditionPreface to the 1979 EditionWhat is the coup d'état? --When is a coup d'état possible?The strategy of the coup d'étatThe planning of the coup d'étatThe execution of the coup d'étatAppendicesTablesIndex

Why Government Doesn't Work: How Reducing Government Will Bring Us Safer Cities, Better Schools, Lower Taxes, More Freedom, and Prosperity for All


Harry Browne - 1995
    And he demonstrates how much better off we'd be by making government much smaller. Most important, he provides a realistic blueprint for getting from where we are now to a small government and a freer, more prosperous society.

The Soul of Man Under Socialism


Oscar Wilde - 1891
    Wilde argues that under capitalism the majority of people spoil their lives by an unhealthy and exaggerated altruism-are forced, indeed, so to spoil them: instead of realizing their true talents, they waste their time solving the social problems caused by capitalism, without taking their common cause away. Thus, caring people seriously and very sentimentally set themselves to the task of remedying the evils that they see in poverty, but their remedies do not cure the disease: they merely prolong it because, the proper aim is to try and reconstruct society on such a basis that poverty will be impossible.