The name of the remote New Hampshire town where representatives of forty-four nations gathered in July 1944, in the midst of the century's second great war, has become shorthand for enlightened globalization. The actual story surrounding the historic Bretton Woods accords, however, is full of startling drama, intrigue, and rivalry, which are vividly brought to life in Benn Steil's epic account.Upending the conventional wisdom that Bretton Woods was the product of an amiable Anglo-American collaboration, Steil shows that it was in reality part of a much more ambitious geopolitical agenda hatched within President Franklin D. Roosevelt's Treasury and aimed at eliminating Britain as an economic and political rival. At the heart of the drama were the antipodal characters of John Maynard Keynes, the renowned and revolutionary British economist, and Harry Dexter White, the dogged, self-made American technocrat. Bringing to bear new and striking archival evidence, Steil offers the most compelling portrait yet of the complex and controversial figure of White--the architect of the dollar's privileged place in the Bretton Woods monetary system, who also, very privately, admired Soviet economic planning and engaged in clandestine communications with Soviet intelligence officials and agents over many years.A remarkably deft work of storytelling that reveals how the blueprint for the postwar economic order was actually drawn, The Battle of Bretton Woods is destined to become a classic of economic and political history.

    When it first appeared the New English Weekly predicted that 'for the next five to ten years it will cetainly remain a work with which no one who professes any degree of information on sociology or economics can afford to be unacquainted.' Fifty years on, this prediction seems a little understated.Why has the work endured so well? Schumpeter's contention that the seeds of capitalism's decline were internal, and his equal and opposite hostility to centralist socialism have perplexed, engaged and infuriated readers since the book's publication. By refusing to become an advocate for either position Schumpeter was able both to make his own great and original contribution and to clear the way for a more balanced consideration of the most important social movements of his and our time.

    For the first time in human history, the globe is dominated by one economic system. In Capitalism, Alone, leading economist Branko Milanovic explains the reasons for this decisive historical shift since the days of feudalism and, later, communism. Surveying the varieties of capitalism, he asks: What are the prospects for a fairer world now that capitalism is the only game in town? His conclusions are sobering, but not fatalistic. Capitalism gets much wrong, but also much right--and it is not going anywhere. Our task is to improve it.Milanovic argues that capitalism has triumphed because it works. It delivers prosperity and gratifies human desires for autonomy. But it comes with a moral price, pushing us to treat material success as the ultimate goal. And it offers no guarantee of stability. In the West, liberal capitalism creaks under the strains of inequality and capitalist excess. That model now fights for hearts and minds with political capitalism, exemplified by China, which many claim is more efficient, but which is more vulnerable to corruption and, when growth is slow, social unrest. As for the economic problems of the Global South, Milanovic offers a creative, if controversial, plan for large-scale migration. Looking to the future, he dismisses prophets who proclaim some single outcome to be inevitable, whether worldwide prosperity or robot-driven mass unemployment. Capitalism is a risky system. But it is a human system. Our choices, and how clearly we see them, will determine how it serves us.

    David Montgomery, Farnam Professor of History at Yale University since 1979, is the author of Worker's Control in America (CUP, 1979) and is co-editor of the journal International Labor and Working Class History.

    They required new forms of collaboration between the public sector (notably, NASA) and private companies. This book asks: what if the same level of boldness - the boldness that set inspirational goals, took risks and explicitly recognized that this requires large spending but will be worthwhile in terms of long-term growth - was applied to the biggest problems of our time, climate change, disease and inequality, to name only a few? Mariana Mazzucato argues that applying innovation to societal goals and structuring government budgets more explicitly to the long-term, as the moon programme did, we can do government differently.

    But by 1800, the region had fallen dramatically behind--in living standards, technology, and economic institutions. In short, the Middle East had failed to modernize economically as the West surged ahead. What caused this long divergence? And why does the Middle East remain drastically underdeveloped compared to the West? In The Long Divergence, one of the world's leading experts on Islamic economic institutions and the economy of the Middle East provides a new answer to these long-debated questions.Timur Kuran argues that what slowed the economic development of the Middle East was not colonialism or geography, still less Muslim attitudes or some incompatibility between Islam and capitalism. Rather, starting around the tenth century, Islamic legal institutions, which had benefitted the Middle Eastern economy in the early centuries of Islam, began to act as a drag on development by slowing or blocking the emergence of central features of modern economic life--including private capital accumulation, corporations, large-scale production, and impersonal exchange. By the nineteenth century, modern economic institutions began to be transplanted to the Middle East, but its economy has not caught up. And there is no quick fix today. Low trust, rampant corruption, and weak civil societies--all characteristic of the region's economies today and all legacies of its economic history--will take generations to overcome. The Long Divergence opens up a frank and honest debate on a crucial issue that even some of the most ardent secularists in the Muslim world have hesitated to discuss.

    But what he really thought, and what the implications of his ideas are, remain fiercely contested. Was he an eloquent advocate of capitalism and the freedom of the individual? Or a prime mover of 'market fundamentalism' and an apologist for inequality and human selfishness? Or something else entirely? Jesse Norman's brilliantly conceived \book gives us not just Smith's economics, but his vastly wider intellectual project. Against the turbulent backdrop of Enlightenment Scotland, it lays out a succinct and highly engaging account of Smith's life and times, reviews his work as a whole and traces his influence over the past two centuries.But this book is not only a biography. It dispels the myths and debunks the caricatures that have grown up around Adam Smith. It explores Smith's ideas in detail, from ethics to law to economics and government, and the impact of those ideas on thinkers as diverse as Karl Marx, Charles Darwin, John Maynard Keynes and Friedrich Hayek. Far from being simply an economist, Adam Smith emerges as one of the founders of modern social psychology and behavioural theory. Far from being a doctrinaire 'libertarian' or 'neoliberal' thinker, he offers a strikingly modern evolutionary theory of political economy, which recognises the often complementary roles of markets and the state.At a time when economics and politics are ever more polarized between left and right, this book, by offering a Smithian analysis of contemporary markets, predatory capitalism and the 2008 financial crash, returns us to first principles and shows how the lost centre of modern public debate can be recreated. Through Smith's work, it addresses crucial issues of inequality, human dignity and exploitation; and it provides a compelling explanation of why he remains central to any attempt to defend, reform or renew the market system.

    Poacher is an action-packed romantic thriller which gives the reader a glimpse of what the tourists never see - the real Africa. Sam is a man who puts his trust in the laws of nature rather than in those of man.The lucrative but dangerous trade in rhino horn and ivory has been re-classified to the status of organised crime.Sam lives as a hardened bachelor at the Nwanetzi outpost and has, for the first time in his life, fallen in love. He has a fiancée who loves him to distraction, and he is a contented man.All this changes when Linda enters his life. She is determined to make Sam her own, and she sets out to stalk him with the stealth of a hunting leopard.Sam Jenkins gives new meaning to the saying “Africa is not for sissies”.

    Between thoughtful discussions of choosing the location, selecting crops, and planting an orchard, he contrasts city and country life, despairs over weeds and raising pigs, counts his gains and losses at the end of the first year, and writes warmly about the joys of establishing a home.Excerpt: What Jethro Tull did to improve tillage, the author of "Ten Acres Enough" did to prove that intensified agriculture on small areas could be made not only to support a family, but to yield a handsome profit, and health, freedom and happiness as well. It has taken two centuries for the most advanced farmers to appreciate Tull and his teachings. It has taken nearly half a century in this progressive age to appreciate and to put in practice, in a feeble way, the fundamental principles which underlie all our dealings with Mother Earth as set forth in this modest volume of two hundred pages. If one totally ignorant of the principles and practices of the various operations necessary to bring to perfection the many plants with which Agriculture has to do, were limited to two publications, I would advise him to purchase "Horse-Hoeing Husbandry" and "Ten Acres Enough." "The mistaken ambition for owning twice (often ten times) as much land as one can thoroughly manure or profitably cultivate, is the great agricultural sin of this country," says the author.

    He is going to change the face of British comedy.Unfortunately for the residents of north London, he's going to finance this dream by becoming a gardener.The result is The Day Job, an account of a year spent working in other people's gardens: people like Mrs Fleming who is convinced there is buried treasure in the bottom bed; Mr Walters who is trying to create a fascist state policed by gnomes in his well-guarded plot in Gospel Oak; Mrs Glover who is probably the most attractive woman living in Britain; and poor Mr Nugent, who likes to save his urine in jam jars and pour it over his compost.Over four seasons Wallington crosses Hampstead Heath from job to job. He survives brushes with the evil contract gardeners who keep trying to knock him off his bicycle. He strives to impress literary agent Herman Gapp who might represent him - depending on what sort of job he does on Gapp's Alpine Terrace. He even finds time to fall for a housecleaner-cum-actor named Helen, as he becomes part of a strange band of artistes, each with a day job of their own, all waiting for that first break.This is the story of long nights spent in the back room of a pub trying to write unsolicited scripts, and of much longer days spent trying to understand the British and their strange obsession with gardening.

    Socrates' last words were about it. Charles Darwin and Louis Pasteur made their scientific breakthroughs using it. Catholic popes, African shamans, Chinese philosophers, and Muslim mystics praised it. Throughout the history of civilization, humans have embraced it in every form imaginable—as a messenger of the gods, powerful sex symbol, gambling aid, emblem of resurrection, all-purpose medicine, handy research tool, inspiration for bravery, epitome of evil, and, of course, as the star of the world's most famous joke.In Why Did the Chicken Cross the World?, science writer Andrew Lawler takes us on an adventure from prehistory to the modern era with a fascinating account of the partnership between human and chicken (the most successful of all cross-species relationships). Beginning with the recent discovery in Montana that the chicken's unlikely ancestor is T. rex, this book builds on Lawler's popular Smithsonian cover article, "How the Chicken Conquered the World" to track the chicken from its original domestication in the jungles of Southeast Asia some 10,000 years ago to postwar America, where it became the most engineered of animals, to the uncertain future of what is now humanity's single most important source of protein.In a masterful combination of historical sleuthing and journalistic exploration on four continents, Lawler reframes the way we feel and think about our most important animal partne—and, by extension, all domesticated animals, and even nature itself.Lawler's narrative reveals the secrets behind the chicken's transformation from a shy jungle bird into an animal of astonishing versatility, capable of serving our species' changing needs. For no other siren has called humans to rise, shine, and prosper quite like the rooster's cry: "cock-a-doodle-doo!"

    Compulsory reading for anyone who wants to understand the major issues that America now faces” (James Robinson, coauthor of Why Nations Fail).From the Ming Dynasty to Ottoman Turkey to imperial Spain, the Great Powers of the world emerged as the supreme economic, political, and military forces of their time—only to collapse into rubble and memory. What is at the root of their demise, and how can the United States stop it from happening again?A quarter century after Paul Kennedy’s The Rise and Fall of the Great Powers, Glenn Hubbard and Tim Kane present a bold, sweeping account of why powerful nations and civilizations break down under the heavy burden of economic imbalance. Introducing a profound new measure of economic power, Balance traces the triumphs and mistakes of imperial Britain, the paradox of superstate California, the long collapse of Rome, and the limits of the Japanese model of growth. Most importantly, Hubbard and Kane compare the twenty-first-century United States to the empires of old and challenge Americans to address the real problems of our country’s fiscal imbalance. If there is not a new economics and politics of balance, they portend that inevitable demise is ahead.This is more than another analysis of our nation’s economy; it is a groundbreaking look at the patterns of the past and a “thought-provoking analysis that has compelling relevance for America’s future” (Nobel Peace Prize–winner Henry A. Kissinger).

    John Maynard Keynes, the mercurial Cambridge economist, believed that government had a duty to spend when others would not. He met his opposite in a little-known Austrian economics professor, Freidrich Hayek, who considered attempts to intervene both pointless and potentially dangerous. The battle lines thus drawn, Keynesian economics would dominate for decades and coincide with an era of unprecedented prosperity, but conservative economists and political leaders would eventually embrace and execute Hayek's contrary vision.From their first face-to-face encounter to the heated arguments between their ardent disciples, Nicholas Wapshott here unearths the contemporary relevance of Keynes and Hayek, as present-day arguments over the virtues of the free market and government intervention rage with the same ferocity as they did in the 1930s.

    Within the flames hide all things past and all things yet to be. But not even old Muazena can see the horrors the fire holds for Sofia and her family—not the murderous bandits who drive them from their home, and not the landmine that takes Sofia’s legs. In her long journey toward recovery, Sofia must still deal with growing up. Along the way, she discovers friends, and foes, in places she’d never expected. Through it all, Sofia draws on a strength she never knew she had, a fire of her own that’s been a secret all along. In beautifully spare, unsentimental language, Henning Mankell’s stunning novel puts a very human face on the suffering in Africa.

    The explanations are illustrated with simple diagrams, making the concepts easy to "see". The explanations are targeted to the "non-economist" with a serious interest in the current debate about fiscal policies and National Budgets.