In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades. In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard. For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.

    Presidents features outrageous and uncensored profiles of the men in the White House - complete with hundreds of little-known, politically incorrect, and downright wacko facts.

    Congress is deadlocked and its approval ratings are at record lows. America’s two main political parties have given up their traditions of compromise, endangering our very system of constitutional democracy. And one of these parties has taken on the role of insurgent outlier; the Republicans have become ideologically extreme, scornful of compromise, and ardently opposed to the established social and economic policy regime. In It’s Even Worse Than It Looks, congressional scholars Thomas Mann and Norman Ornstein identify two overriding problems that have led Congress—and the United States—to the brink of institutional collapse. The first is the serious mismatch between our political parties, which have become as vehemently adversarial as parliamentary parties, and a governing system that, unlike a parliamentary democracy, makes it extremely difficult for majorities to act. Second, while both parties participate in tribal warfare, both sides are not equally culpable. The political system faces what the authors call “asymmetric polarization,” with the Republican Party implacably refusing to allow anything that might help the Democrats politically, no matter the cost. With dysfunction rooted in long-term political trends, a coarsened political culture and a new partisan media, the authors conclude that there is no “silver bullet” reform that can solve everything. But they offer a panoply of useful ideas and reforms, endorsing some solutions, like greater public participation and institutional restructuring of the House and Senate, while debunking others, like independent or third-party candidates. Above all, they call on the media as well as the public at large to focus on the true causes of dysfunction rather than just throwing the bums out every election cycle. Until voters learn to act strategically to reward problem solving and punish obstruction, American democracy will remain in serious danger.

    Designed to check tyrants or defend the nation from a commander-in-chief who refuses to do so, the process of impeachment outlined in the Constitution is what Thomas Jefferson called "the most formidable weapon for the purpose of a dominant faction that was ever contrived." It nullifies the will of voters, the basic foundation of legitimacy for all representative democracies. Only three times has a president's conduct led to such political disarray as to warrant his potential removal from office, transforming a political crisis into a constitutional one. None has yet succeeded. Andrew Johnson was impeached in 1868 for failing to kowtow to congressional leaders--and in a large sense, for failing to be Abraham Lincoln--yet survived his Senate trial. Richard Nixon resigned in July of 1974 after the House Judiciary Committee approved three articles of impeachment for lying, obstructing justice, and employing his executive power for personal and political gain. Bill Clinton had an affair with a White House intern, but in 1999 faced trial in the Senate less for that prurient act than for lying under oath about it.In the first book to consider these three presidents alone, and the one thing they have in common, Jeffrey Engel, Jon Meacham, Timothy Naftali, and Peter Baker explain that the basis and process of impeachment is more political than it is a legal verdict. The Constitution states that the president, "shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanors," leaving room for historical precedent and the temperament of the time to weigh heavily on each case. These three cases highlight factors beyond the president's behavior that impact the likelihood and outcome of an impeachment: the president's relationship with Congress, the power and resilience of the office itself, and the polarization of the moment. This is a realist, rather than hypothetical, view of impeachment that looks to history for clues about its future--with one obvious candidate in mind.

    foreign policy spanning sixty years. For those who want the details on our most famous actions (Chile, Cuba, Vietnam, to name a few), and for those who want to learn about our lesser-known efforts (France, China, Bolivia, Brazil, for example), this book provides a window on what our foreign policy goals really are. This edition is updated through 2003.

    We go into the homes of suicide bombers and into street-to-street fighting with a battalion of marines. We meet Iraqi insurgents, an American captain who loses a quarter of his men in eight days, and a young soldier from Georgia on a rooftop at midnight reminiscing about his girlfriend back home. A car bomb explodes, bullets fly, and a mother cradles her blinded son.Like no other book, The Forever War allows us a visceral understanding of today’s battlefields and of the experiences of the people on the ground, warriors and innocents alike. It is a brilliant, fearless work, not just about America’s wars after 9/11, but ultimately about the nature of war itself.

    He shows us how, over the last half-century, America's core values--meritocracy, innovation, due process, free speech, and even democracy itself--have somehow managed to power its decline into dysfunction. They have isolated our best and brightest, whose positions at the top have never been more secure or more remote. The result has been an erosion of responsibility and accountability, an epidemic of shortsightedness, an increasingly hollow economic and political center, and millions of Americans gripped by apathy and hopelessness. By examining the people and forces behind the rise of big-money lobbying, legal and financial engineering, the demise of private-sector unions, and a hamstrung bureaucracy, Brill answers the question on everyone's mind: How did we end up this way? Finally, he introduces us to those working quietly and effectively to repair the damages. At once a diagnosis of our national ills, a history of their development, and a prescription for a brighter future, Tailspin is a work of riveting journalism--and a welcome antidote to political despair.

    Richard Nixon opens with young Navy lieutenant "Nick" Nixon returning from the Pacific and setting his cap at Congress, an idealistic dreamer seeking to build a better world. Yet amid the turns of that now legendary 1946 campaign, Nixon's finer attributes quickly gave way to unapologetic ruthlessness. It is a stunning overture to John A. Farrell's magisterial portrait of a man who embodied postwar American cynicism. Within four years of that first win, Nixon would be a U.S. senator; in six the vice president of the United States of America. "Few came so far, so fast, and so alone," Farrell writes. Finally president, Nixon's staff was full of bright young men who devised forward-thinking reforms addressing health care, poverty, civil rights, and protection of the environment. It was a fine legacy, but Nixon cared little for it. He aspired to make his mark on the world stage instead, and his 1972 opening to China was the first great crack in the Cold War. Nixon had another legacy, too: an America divided and polarized. It was Nixon who launched the McCarthy era, who set South against North, and who spurred the Silent Majority to despise and distrust the country's elites. He persuaded Americans to gnaw, as he did, on grievances—and to look at one another as enemies. Finally, in August 1974, after two years of the mesmerizing intrigue and scandal known as Watergate, Nixon became the only president to resign in disgrace. Richard Nixon is an enthralling tour de force biography of our darkest president, one that reviewers will hail as a defining portrait, and the full life of Nixon readers have awaited

    Now, he dismantles the most sacred of them all: the notion that government action is the best way to solve a problem. From the myth that government can spend its way out of a crisis to the mistaken belief that labor unions protect workers, Stossel, a true libertarian, provides evidence that the reality is very different from what intuition tells us. His evidence leads to the taboo conclusions that: ·      Government already dominates health care—and that’s the problem·      The state keeps banning foods, but food bans don't make us healthier·      Government-run schools and teachers’ unions haven’t made kids smarterUtilizing his three decades in journalism, Stossel combines sharp insights, common sense, and documented facts to debunk conventional wisdom and challenge popular opinion about the role of our nation’s government.

    But in this revelatory book, both leaders are seen as men of their times, ruthless and hardboiled operatives in a gritty world of primal politics where they struggled for supremacy for more than fifty years.In most histories, the elder figure, Jefferson, looms larger. Yet Madison is privileged in this book’s title because, as Burstein and Isenberg reveal, he was the senior partner at key moments in the formation of the two-party system. It was Madison who did the most to initiate George Washington’s presidency while Jefferson was in France in the role of diplomat. So often described as shy, the Madison of this account is quite assertive. Yet he regularly escapes bad press, while Jefferson’s daring pen earns him a nearly constant barrage of partisan attacks. In Madison and Jefferson we see the two as privileged young men in a land marked by tribal identities rather than a united national personality. They were raised to always ask first: “How will this play in Virginia?” Burstein and Isenberg powerfully capture Madison’s secret canny role—he acted in effect as a campaign manager—in Jefferson’s career. In riveting detail, the authors chart the courses of two very different presidencies: Jefferson’s driven by force of personality, Madison’s sustained by a militancy that history has been reluctant to ascribe to him. The aggressive expansionism of the presidents has long been underplayed, but it’s noteworthy that even after the Louisiana Purchase more than doubled U.S. territory, the pair contrived to purchase Cuba and, for years, looked for ways to conquer Canada. In these and other issues, what they said in private and wrote anonymously was often more influential than what they signed their names to.Supported by a wealth of original sources—newspapers, letters, diaries, pamphlets—Madison and Jefferson is a stunning new look at a remarkable duo who arguably did more than all the others in their generation to set the course of American political development. It untangles a rich legacy, explaining how history made Jefferson into a national icon, leaving Madison a relative unknown. It tells nasty truths about the conduct of politics when America was young and reintroduces us to colorful personalities, once famous and now obscure, who influenced and were influenced by the two revolutionary actors around whom this story turns. As an intense narrative of high-stakes competition, Madison and Jefferson exposes the beating heart of a rowdy republic in its first fifty years, while giving more than a few clues as to why we are a politically divided nation today.

    Following on the success of his best-selling The Future of Freedom, Zakaria describes with equal prescience a world in which the United States will no longer dominate the global economy, orchestrate geopolitics, or overwhelm cultures. He sees the "rise of the rest"—the growth of countries like China, India, Brazil, Russia, and many others—as the great story of our time, and one that will reshape the world. The tallest buildings, biggest dams, largest-selling movies, and most advanced cell phones are all being built outside the United States. This economic growth is producing political confidence, national pride, and potentially international problems. How should the United States understand and thrive in this rapidly changing international climate? What does it mean to live in a truly global era? Zakaria answers these questions with his customary lucidity, insight, and imagination.

    Ronald Wilson Reagan, the first actor to be elected president, turned in the performance of a lifetime. But that performance concealed the complexities of the man, baffling most who came in contact with him. Who was the man behind the makeup? Only Lou Cannon, who covered Reagan through his political career, can tell us. The keenest Reagan-watcher of them all, he has been the only author to reveal the nature of a man both shrewd and oblivious. Based on hundreds of interviews with the president, the First Lady, and hundreds of the administration's major figures, President Reagan takes us behind the scenes of the Oval Office. Cannon leads us through all of Reagan's roles, from the affable cowboy to the self-styled family man; from the politician who denounced big government to the president who created the largest peace-time deficit; from the statesman who reviled the Soviet government to the Great Communicator who helped end the cold war.