From his acerbic analysis of America’s “private wealth and public squalor” to his denunciation of the wars in Vietnam and Iraq, Galbraith consistently challenged “conventional wisdom” (a phrase he coined). He did so as a witty commentator on America’s political follies and as a versatile author of bestselling books—such as The Affluent Society and The New Industrial State—that warn of the dangers of deregulated markets, corporate greed, and inattention to the costs of our military power. Here, in the first full-length biography of Galbraith and his times, Richard Parker provides not only a nuanced portrait of this extraordinary man, but also an important reinterpretation of twentieth-century public policy and economic practices.“Whatever you may think of his ideas, John Kenneth Galbraith has led an extraordinary life. . . . Doing justice to this life story requires an outsize biography, one that not only tells Mr. Galbraith’s tale but sets it on the broader canvas of America’s political and economic evolution. And Richard Parker’s book does just that.”—Economist“Parker’s book is more than a chronicle of Galbraith’s life; it’s a history of American politics and policy from FDR through George W. Bush. . . . It will make readers more economically and politically aware.”—USA Today “The most readable and instructive biography of the century.”—William F. Buckley, National Review      “The story of this man’s life and work is wonderfully rendered in this magnum opus, and offers an antidote to the public ennui, economic cruelty, and government malfeasance that poison life in America today.”—James Carroll, Boston Globe

    In clear and forceful prose, Becoming Justice Blackmun tells a judicial Horatio Alger story and a tale of a remarkable transformation . . . A page-turner."--The New York Times Book ReviewIn this acclaimed biography, Linda Greenhouse of The New York Times draws back the curtain on America's most private branch of government, the Supreme Court. Greenhouse was the first print reporter to have access to the extensive archives of Justice Harry A. Blackmun (1908-99), the man behind numerous landmark Supreme Court decisions, including Roe v. Wade.Through the lens of Blackmun's private and public papers, Greenhouse crafts a compelling portrait of a man who, from 1970 to 1994, ruled on such controversial issues as abortion, the death penalty, and sex discrimination yet never lost sight of the human beings behind the legal cases. Greenhouse also paints the arc of Blackmun's lifelong friendship with Chief Justice Warren E. Burger, revealing how political differences became personal, even for two of the country's most respected jurists.From America's preeminent Supreme Court reporter, this is a must-read for everyone who cares about the Court and its impact on our lives.

    Federal Reserve, gave a series of lectures about the Federal Reserve and the 2008 financial crisis, as part of a course at George Washington University on the role of the Federal Reserve in the economy. In this unusual event, Bernanke revealed important background and insights into the central bank's crucial actions during the worst financial crisis since the Great Depression. Taken directly from these historic talks, The Federal Reserve and the Financial Crisis offers insight into the guiding principles behind the Fed's activities and the lessons to be learned from its handling of recent economic challenges.Bernanke traces the origins of the Federal Reserve, from its inception in 1914 through the Second World War, and he looks at the Fed post-1945, when it began operating independently from other governmental departments such as the Treasury. During this time the Fed grappled with episodes of high inflation, finally tamed by then-chairman Paul Volcker. Bernanke also explores the period under his predecessor, Alan Greenspan, known as the Great Moderation. Bernanke then delves into the Fed's reaction to the recent financial crisis, focusing on the central bank's role as the lender of last resort and discussing efforts that injected liquidity into the banking system. Bernanke points out that monetary policies alone cannot revive the economy, and he describes ongoing structural and regulatory problems that need to be addressed.Providing first-hand knowledge of how problems in the financial system were handled, The Federal Reserve and the Financial Crisis will long be studied by those interested in this critical moment in history.

    His days-long closing arguments delivered without notes won miraculous reprieves for men doomed to hang.   Darrow left a promising career as a railroad lawyer during the tumultuous Gilded Age in order to champion poor workers, blacks, and social and political outcasts against big business, Jim Crow, and corrupt officials. He became famous defending union leader Eugene Debs in the land­mark Pullman Strike case and went from one headline case to the next—until he was nearly crushed by an indictment for bribing a jury. He redeemed himself in Dayton, Tennessee, defending schoolteacher John Scopes in the “Monkey Trial,” cementing his place in history.   Now, John A. Farrell draws on previously unpublished correspondence and memoirs to offer a candid account of Darrow’s divorce, affairs, and disastrous finances; new details of his feud with his law partner, the famous poet Edgar Lee Masters; a shocking disclosure about one of his most controversial cases; and explosive revelations of shady tactics he used in his own trial for bribery.  Clarence Darrow is a sweeping, surprising portrait of a leg­endary legal mind.

    Bair penetrates the mystique of this brilliant and often paradoxical woman, who has been called one of the great minds of the 20th century, and surely, one of the most famously unconventional figures of her generation. "As a reference work . . . Simone de Beauvoir can be considered definitive."--The Atlantic. 16-page photographic insert.

    She shows how both Presidents Hoover and Roosevelt failed to understand the prosperity of the 1920s and heaped massive burdens on the country that more than offset the benefit of New Deal programs.

    Hirschman here offers a new interpretation for the rise of capitalism, one that emphasizes the continuities between old and new, in contrast to the assumption of a sharp break that is a common feature of both Marxian and Weberian thinking. Among the insights presented here is the ironical finding that capitalism was originally supposed to accomplish exactly what was soon denounced as its worst feature: the repression of the passions in favor of the "harmless," if one-dimensional, interests of commercial life. To portray this lengthy ideological change as an endogenous process, Hirschman draws on the writings of a large number of thinkers, including Montesquieu, Sir James Steuart, and Adam Smith.

    . . . Certainly the most objective biography of Lincoln ever written.” —Pulitzer Prize-winner David Herbert Donald, New York Times Book ReviewFrom preeminent Civil War historian Stephen B. Oates comes the book the Washington Post hails as “the standard one-volume biography of Lincoln.” Oates’ With Malice Toward None is recognized as the seminal biography of the Sixteenth President, by one of America’s most prominent historians.

    His reign was one of the most dramatic and important of the entire Middle Ages, leading to war and conquest on an unprecedented scale, and leaving a legacy of division between the peoples of Britain that has lasted from his day to our own.Edward I is familiar to millions as ‘Longshanks’, conqueror of Scotland and nemesis of Sir William Wallace (‘Braveheart’). Yet this story forms only the final chapter of the king’s astonishingly action-packed life. Earlier Edward had defeated and killed the famous Simon de Montfort in battle; travelled across Europe to the Holy Land on crusade; conquered Wales, extinguishing forever its native rulers, and constructing – at Conwy, Harlech, Beaumaris and Caernarfon – the most magnificent chain of castles ever created. He raised the greatest armies of the English Middle Ages, and summoned the largest parliaments; notoriously, he expelled all the Jews from his kingdom. The longest-lived of all England’s medieval kings, he fathered no fewer than fifteen children with his first wife, Eleanor of Castile, and after her death he erected the Eleanor Crosses – the grandest funeral monuments ever fashioned for an English monarch.In this book, Marc Morris examines afresh the forces that drove Edward throughout his relentless career: his character, his Christian faith, and his sense of England’s destiny – a sense shaped in particular by the tales of the legendary King Arthur. He also explores the competing reasons that led Edward’s opponents (including Llywelyn ap Gruffudd and Robert Bruce) to resist him, and the very different societies that then existed in Scotland, Wales and Ireland. The result is a sweeping story, immaculately researched yet compellingly told, and a vivid picture of medieval Britain at the moment when its future was decided.

    Communist Party privilege protected her from the mass starvation and purges that haunted Russia, but she did not escape tragedy—the loss of everyone she loved, including her mother, two brothers, aunts and uncles, and a lover twice her age, deliberately exiled to Siberia by her father.As she gradually learned about the extent of her father’s brutality after his death, Svetlana could no longer keep quiet and in 1967 shocked the world by defecting to the United States—leaving her two children behind. But although she was never a part of her father’s regime, she could not escape his legacy. Her life in America was fractured; she moved frequently, married disastrously, shunned other Russian exiles, and ultimately died in poverty in Wisconsin.With access to KGB, CIA, and Soviet government archives, as well as the close cooperation of Svetlana’s daughter, Rosemary Sullivan pieces together Svetlana’s incredible life in a masterful account of unprecedented intimacy. Epic in scope, it’s a revolutionary biography of a woman doomed to be a political prisoner of her father’s name. Sullivan explores a complicated character in her broader context without ever losing sight of her powerfully human story, in the process opening a closed, brutal world that continues to fascinate us.Illustrated with photographs.

    Russ Roberts argues that the true underlying cause of the mess was the past bailouts of large financial institutions that allowed these institutions to gamble carelessly because they were effectively using other people’s money. The author warns that despite the passage of Dodd-Frank, it is widely believed that we have done nothing to eliminate ‘Too Big to Fail.’ That perception allows the largest financial institutions to continue to gamble with taxpayer money.

    His private life was as glamorous and romantic as it was privileged. This first full-scale biography since 1934 is a reflection of American history from the Civil War to the emergence of the nation as a world power as Woodrow Wilson is about to take office.Much of what we know about Lincoln’s years in the White House is drawn from the writings of the young John Hay, the president’s secretary, who was with Lincoln at the Gettysburg Address and at his bedside when he died.Afterward, Hay successfully worked to elect fellow Ohioans James Garfield, Rutherford B. Hayes, and William McKinley for president. As McKinley’s Secretary of State, he plotted the nation’s emergence as a world power after the Spanish-American War. Hay arranged the annexation of the Philippines, the treaty for a canal across Panama, the Open Door policy for China.After McKinley’s assassination, Theodore Roosevelt persuaded the aging Hay to stay on. The relationship between Hay and Roosevelt, which has not been explored, is of lasting interest. If Lincoln was a second father to Hay, Hay was a second father to TR—Roosevelt the bully wielder of the big stick; Hay the polished, urbane diplomat who walked softly, carried out TR’s policies, and helped him win the Nobel Peace Prize.Hay is one of the most pivotal figures in American public life. But, as Taliaferro writes, that is only half the story. He knew everybody from Mark Twain to Henry James, and every president and world leader. He was best friends with Henry Adams, and the two were in love with the same married woman, Lizzie Cameron, the Madame X of Washington Society. Both wrote her voluminous letters.All the Great Prizes chronicles a life that reflects the story of America from the devastation of the Civil War to its emergence as a world leader and power.

    When a scholar as careful and learned as Mr. Kennedy is prompted by contemporary issues to reexamine the great processes of the past, the result can only be an enhancement of our historical understanding.... When the study is written as simply and attractively as this work is, its publication may have a great and beneficient impact. It is to be hoped that Mr. Kennedy's will have one, at a potentially decisive moment in America's history."Michael Howard, The New York Times Book Review"Important, learned, and lucid... Paul Kennedy's great achievement is that he makes us see our current international problems against a background of empires that have gone under because they were unaible to sustain the material cost of greatness; and he does so in a universal historical perspective of which Ranke would surely have approved."James Joll, The New York Review of Books"His strategic-economic approach provides him with the context for a shapely narrative....Professor Kennedy not only exploits his framework eloquently, he also makes use of it to dig deeper and explore the historical contexts in which some 'power centers' prospered....But the most commanding purpose of his project...is the lesson he draws from 15 centuries of statecraft to apply to the present scene....[The book's] final section is for everyone concerned with the contemporary political scene."Christopher Lehmann-Haupt, The New York Times"Kennedy gives epic meaning to the nation's relative economic and industrial decline." Newsweek

    I think he will be a most interesting tutor to have.Interesting? Yes, he's certainly that, said the man, who I later learned was J. R. R. Tolkien. You'll never get to the bottom of him.Over the next twenty-nine years, author George Sayer's first impression about C. S. Lewis proved true. He was interesting; but he was more than just that. He was a devout Christian, gifted literary scholar, best-selling author, and brilliant apologist. Sayer draws from a variety of sources, including his close friendship with Lewis and the million-word diary of Lewis's brother, to paint a portrait of the man whose friends knew him as Jack.Offering glimpses into Lewis's extraordinary relationships and experiences, Jack details the great scholar's life at the Kilns; days at Magdalen College; meetings with the Inklings; marriage to Joy Davidman Gresham; and the creative process that produced such world-famous works as the classic Chronicles of Narnia, Mere Christianity, and The Screwtape Letters.This book is an intimate account of the man who helped--and through his works, continues to help--generations hear and understand the heart of Christianity.

    Why (and when) did he turn his legitimate business into a massive fraud? How did he fool so many smart investors for so long? Who among his family and employees knew the truth? The best person to answer these questions—and tell the full story of Madoff’s rise and fall—is Erin Arvedlund. In early 2001, she was suspicious of the amazing returns of Madoff’s hedge fund, which no one could explain. Her article in Barron’s, based on more than one hundred interviews, could have prevented a lot of misery, had the SEC followed up. But almost no one was willing to believe anything bad about “Uncle Bernie”—so nice, so humble, so generous to charities. As Arvedlund shows, Madoff was no ordinary liar, but a master of the type of lies people really wanted to believe. He kept his clients at a distance and allowed handsomely paid friends to solicit new ones for him; playing hard to get created an irresistible mystique. Now, Arvedlund tackles the tough questions that are still unanswered in the wake of Madoff’s collapse: Did he start off as a legitimate money manager or was he a fraud from the beginning? Were there indications of larceny at the very start of his career? Why did Madoff’s biggest supporters within the industry, such as Walter Noel of Fairfield Greenwich and Ezra Merkin of Gabriel Capital, ignore the warning signs that were so apparent? Did they choose to remain ignorant as long as their commissions rolled in? Why did SEC investigations fail to catch Madoff’s Ponzi scheme even though several people had voiced concerns about his operation? Who else helped Madoff carry out his scam? His family and close associates have denied any involvement, but was it possible for one man to engineer a heist of such scope? With her keen investigative eye, Arvedlund presents a sweeping narrative of Madoff’s career—from his youth in Queens, New York, to his early days working for his father-in-law, to his time as chairman of the NASDAQ exchange, and finally to infamy as the world’s most notorious swindler. She offers a riveting glimpse of Madoff the man—an indifferent student with little ambition who transformed himself into a star with a talent for trading, a reputation for innovation, and an unmistakably erratic nature. Readers will be fascinated by Arvedlund’s portrayal of Madoff, his empire, and all those who never considered that he might be too good to be true.