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Rebuilding Germany: The Creation of the Social Market Economy, 1945-1957 by James C. Van Hook
economics
european-history
aaa-physical
business
Republic, Lost: How Money Corrupts Congress--and a Plan to Stop It
Lawrence Lessig - 2011
Federal Election Commission trust in our government has reached an all-time low. More than ever before, Americans believe that money buys results in Congress, and that business interests wield control over our legislature.With heartfelt urgency and a keen desire for righting wrongs, Harvard law professor Lawrence Lessig takes a clear-eyed look at how we arrived at this crisis: how fundamentally good people, with good intentions, have allowed our democracy to be co-opted by outside interests, and how this exploitation has become entrenched in the system. Rejecting simple labels and reductive logic-and instead using examples that resonate as powerfully on the Right as on the Left-Lessig seeks out the root causes of our situation. He plumbs the issues of campaign financing and corporate lobbying, revealing the human faces and follies that have allowed corruption to take such a foothold in our system. He puts the issues in terms that nonwonks can understand, using real-world analogies and real human stories. And ultimately he calls for widespread mobilization and a new Constitutional Convention, presenting achievable solutions for regaining control of our corrupted-but redeemable-representational system. In this way, Lessig plots a roadmap for returning our republic to its intended greatness. While America may be divided, Lessig vividly champions the idea that we can succeed if we accept that corruption is our common enemy and that we must find a way to fight against it. In REPUBLIC, LOST, he not only makes this need palpable and clear-he gives us the practical and intellectual tools to do something about it.
The Next Decade: What the World Will Look Like
George Friedman - 2011
The next ten years will be a time of massive transition. The wars in the Islamic world will be subsiding, and terrorism will become something we learn to live with. China will be encountering its crisis. We will be moving from a time when financial crises dominate the world to a time when labor shortages will begin to dominate. The new century will be taking shape in the next decade. In The Next Decade, George Friedman offers readers a provocative and endlessly fascinating prognosis for the immediate future. Using Machiavelli’s The Prince as a model, Friedman focuses on the world’s leaders—particularly the American president—and with his trusted geopolitical insight analyzes the complex chess game they will all have to play. The book also asks how to be a good president in a decade of extraordinary challenge, and puts the world’s leaders under a microscope to explain how they will arrive at the decisions they will make—and the consequences these actions will have for us all.From the Hardcover edition.
10 1/2 lessons from Experience: Perspectives on Fund Management
Paul Marshall - 2020
Freakonomics: Rejuvenating the Self-Destructive Global Economy
Dan Nathaniel Brown - 2006
The Wall Street Money Machine (Kindle Single)
Jesse Eisinger - 2011
Their machinations made the collapse much worse. This Pulitzer Prize-winning series reveals how they did it.
Why I Left Goldman Sachs: A Wall Street Story
Greg Smith - 2010
On March 14, 2012, more than three million people read Greg Smith's bombshell Op-Ed in the New York Times titled "Why I Am Leaving Goldman Sachs." The column immediately went viral, became a worldwide trending topic on Twitter, and drew passionate responses from former Fed chairman Paul Volcker, legendary General Electric CEO Jack Welch, and New York City mayor Mike Bloomberg. Mostly, though, it hit a nerve among the general public who question the role of Wall Street in society -- and the callous "take-the-money-and-run" mentality that brought the world economy to its knees a few short years ago. Smith now picks up where his Op-Ed left off. His story begins in the summer of 2000, when an idealistic 21-year-old arrives as an intern at Goldman Sachs and learns about the firm's Business Principle #1: Our clients' interests always come first. This remains Smith's mantra as he rises from intern to analyst to sales trader, with clients controlling assets of more than a trillion dollars. From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world's most powerful bank. Smith describes in page-turning detail how the most storied investment bank on Wall Street went from taking iconic companies like Ford, Sears, and Microsoft public to becoming a "vampire squid" that referred to its clients as "muppets" and paid the government a record half-billion dollars to settle SEC charges. He shows the evolution of Wall Street into an industry riddled with conflicts of interest and a profit-at-all-costs mentality: a perfectly rigged game at the expense of the economy and the society at large. After conversations with nine Goldman Sachs partners over a twelve-month period proved fruitless, Smith came to believe that the only way the system would ever change was for an insider to finally speak out publicly. He walked away from his career and took matters into his own hands. This is his story.
How Will Capitalism End? Essays on a Failing System
Wolfgang Streeck - 2016
Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.
The Modern World-System I: Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century
Immanuel Wallerstein - 1975
Countless authors have sung its praises. Aside from splendid surroundings, unlimited library and secretarial assistance, and a ready supply of varied scholars to consult at a moment's notice, what the center offers is to leave the scholar to his own devices, for good or ill. Would that all men had such wisdom. The final version was consummated with the aid of a grant from the Social Sciences Grants Subcommittee of the Faculty of Graduate Studies and Research of McGill University.
See You Tonight and Promise to Be a Good Boy!: War memories
Salo Muller - 2017
Former Ajax physiotherapist writes his WW2 memories.
'See you tonight, and promise to be a good boy!' were the last words his mother said to Salo Muller in 1942 when she took him to school in Amsterdam, right before she was deported to Auschwitz. She and her husband were arrested a few hours later and taken to Westerbork, from where they would later board the train that took them to Auschwitz.The book is, in his own words, “the story of a little boy who experienced the most horrible things, but got through it somehow and ended up in a great place.” Salo, at only 5 years old, spent his time during the Second World War in hiding, in as much as eight different locations in the Netherlands. The book tells the story of his experiences during ww2, but also explains how he tried to make sense of his life after the war, being a young orphan. ˃˃˃ His memories are interwoven with historical facts and explanations, making it both an autobiography and a historical narrative. Salo Muller became famous in the 1970s as the physiotherapist for Ajax, the Amsterdam soccer team. He treated renowned players such as Johan Cruijff, Sjaak Swart and Piet Keizer. The why of the tragedy is something he can’t let go: ˃˃˃ 'Hardly a day goes by when I don’t shed a tear but, unfortunately, it doesn’t change a thing.’ 'See You Tonight and Promise to be a Good Boy!’ was the result of Salo’s participation in of the Shoah Project, initiated by Steven Spielberg and the USC Shoah Foundation, where his testimony was recorded. This encouraged him to write down his story.
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The ETF Book: All You Need to Know About Exchange Traded Funds
Richard A. Ferri - 2007
Each chapter of The ETF Book offers concise coverage of various issues and is filled with in-depth insights on different types of ETFs as well as practical advice on how to select and manage them.
"With the Help of God and a Few Marines": The Battles of Chateau Thierry and Belleau Wood
Albertus Wright Catlin - 1919
Catlin and his fellow marines were among the first American soldiers sent across to France in World War One and within months they were thrown into the thick of the action.As the Germans made a last ditch attempt to break through allied lines and capture Paris it was the marines who stood in their way.In the bloody days of June 1918 Catlin and his small band of marines fought ferociously against the Germans, utilising all the training that they had been through and showing the true metal of the marines.It is a period that has gone down as one of the greatest achievements of the United States Marines Corps.This fascinating history of the marines and their involvement in World War One was written during Catlin’s recovery period after he had been shot by a sniper during the sixth day of the Battle of Belleau Wood.“The story of the marines in France is told with authority and interest.”— Booklist“It is one of the books about the American war effort which is well worth keeping as well as reading.” — Outlook“A well-written and complete account.” — Library BulletinAlbertus W. Catlin (1868-1933) was a career soldier who had received the Medal of Honor for leading the 3rd Marine Regiment at Vera Cruz, Mexico and for displaying “distinguished conduct in battle”. He published ”With the Help of God and a Few Marines in 1919.
Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance
Laurence B. Siegel - 2019
The world is doomed, they argue, and there are just too many problems to overcome. But is this really the case? In Fewer, Richer, Greener, author Laurence B. Siegel reveals that the world has improved--and will continue to improve--in almost every dimension imaginable.This practical yet lighthearted book makes a convincing case for having gratitude for today's world and optimism about the bountiful world of tomorrow. Life has actually improved tremendously. We live in the safest, most prosperous time in all human history. Whatever the metric--food, health, longevity, education, conflict--it is demonstrably true that right now is the best time to be alive. The recent, dramatic slowing in global population growth continues to spread prosperity from the developed to the developing world. Technology is helping billions of people rise above levels of mere subsistence. This technology of prosperity is cumulative and rapidly improving: we use it to solve problems in ways that would have be unimaginable only a few decades ago. An optimistic antidote for pessimism and fear, this book:Helps to restore and reinforce our faith in the future Documents and explains how global changes impact our present and influence our future Discusses the costs and unforeseen consequences of some of the changes occurring in the modern world Offers engaging narrative, accurate data and research, and an in-depth look at the best books on the topic by leading thinkers Traces the history of economic progress and explores its consequences for human life around the world Fewer, Richer, Greener: Prospects for Humanity in an Age of Abundance is a must-read for anyone who wishes to regain hope for the present and wants to build a better future.
Bastogne: The First Eight Days
S.L.A. Marshall - 1988
General Mcaulliffe decided that despite the odds and the lack of supplies and ammunition his troops would continue to hold the important communication hub of Bastogne during the Battle of the Bulge. This dramatic, yet authoritative account brings all of the action to the fore as the Battered Bastards of Bastogne wrote their names into legend."THIS STORY OF BASTOGNE was written from interviews with nearly all the commanders and staff officers and many of the men who participated in the defense of Bastogne during the first phase of that now celebrated operation—the days during which the American forces were surrounded by forces of the enemy…Thus it is essentially the account of how a single strong defensive force was built from separate commands of armor, airborne infantry and tank destroyers—a force convinced that it could not be beaten."-Introduction.
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.
A History of the United States in Five Crashes: Stock Market Meltdowns That Defined a Nation
Scott Nations - 2017
Only billionaire J.P. Morgan was able to save the stock market.Black Tuesday (1929): As the newly created Federal Reserve System repeatedly adjusted interest rates in all the wrong ways, investment trusts, the darlings of that decade, became the catalyst that caused the bubble to burst, and the Dow fell dramatically, leading swiftly to the Great Depression.Black Monday (1987): When "portfolio insurance," a new tool meant to protect investments, instead led to increased losses, and corporate raiders drove stock prices above their real values, the Dow dropped an astonishing 22.6 percent in one day.The Great Recession (2008): As homeowners began defaulting on mortgages, investment portfolios that contained them collapsed, bringing the nation's largest banks, much of the economy, and the stock market down with them.The Flash Crash (2010): When one investment manager, using a runaway computer algorithm that was dangerously unstable and poorly understood, reacted to the economic turmoil in Greece, the stock market took an unprecedentedly sudden plunge, with the Dow shedding 998.5 points (roughly a trillion dollars in valuation) in just minutes.The stories behind the great crashes are filled with drama, human foibles, and heroic rescues. Taken together they tell the larger story of a nation reaching enormous heights of financial power while experiencing precipitous dips that alter and reset a market where millions of Americans invest their savings, and on which they depend for their futures. Scott Nations vividly shows how each of these major crashes played a role in America's political and cultural fabric, each providing painful lessons that have strengthened us and helped us to build the nation we know today.A History of the United States in Five Crashes clearly and compellingly illustrates the connections between these major financial collapses and examines the solid, clear-cut lessons they offer for preventing the next one.