He argues further that even predictive and descriptive economics can be helped by making more room for welfare-economic considerations in the explanation of behaviour.

    . . or a New Positive Force Helping to Drive the Economy . . .   The untold story of Steve Schwarzman and Blackstone, the financier and his financial powerhouse that avoided the self-destructive tendencies of Wall Street. David Carey and John Morris show how Blackstone (and other private equity firms) transformed themselves from gamblers, hostile-takeover artists, and ‘barbarians at the gate’ into disciplined, risk-conscious investors. The financial establishment—banks and investment bankers such as Citigroup, Bear Stearns, Lehman, UBS, Goldman Sachs, Merrill Lynch, Morgan Stanley—were the cowboys, recklessly assuming risks, leveraging up to astronomical levels and driving the economy to the brink of disaster. Blackstone is now ready to break out once again since it is sitting on billions of dollars that can be invested at a time when the market is starved for capital.  The story of a financial revolution—the greatest untold success story on Wall Street: Not only have Blackstone and a small coterie of competitors wrested control of corporations around the globe, but they have emerged as a major force on Wall Street, challenging the likes of Goldman Sachs and Morgan Stanley for dominance. Great human interest story: How Blackstone went from two guys and a secretary to being one of Wall Street’s most powerful institutions, far outgrowing its much older rival KKR; and how Steve Schwarzman, with a pay packet one year of $398 million and $684 million from the Blackstone IPO, came to epitomize the spectacular new financial fortunes amassed in the 2000s. Controversial: Analyzes the controversies surrounding Blackstone and whether it and other private equity firms suck the lifeblood out of companies to enrich themselves—or whether they are a force that helps make the companies they own stronger and thereby better competitors. The story by two insiders with access: Insightful and hard-hitting, filled with never-before-revealed details about the workings of a heretofore secretive company that was the personal fiefdom of Schwarzman and Peter Peterson. Forward-looking: How Blackstone and private equity will drive the economy and provide a model for how financing will work.

    Founded in 1926, McKinsey can lay claim to the following partial list of accomplishments: its consultants have ushered in waves of structural, financial, and technological change to the nation’s best organizations; they remapped the power structure within the White House; they even revo­lutionized business schools. In The New York Times bestseller The Firm, star financial journalist Duff McDonald shows just how, in becoming an indispensable part of decision making at the highest levels, McKinsey has done nothing less than set the course of American capitalism. But he also answers the question that’s on the mind of anyone who has ever heard the word McKinsey: Are they worth it? After all, just as McKinsey can be shown to have helped invent most of the tools of modern management, the company was also involved with a number of striking failures. Its consultants were on the scene when General Motors drove itself into the ground, and they were K-Mart’s advisers when the retailer tumbled into disarray. They played a critical role in building the bomb known as Enron. McDonald is one of the few journalists to have not only parsed the record but also penetrated the culture of McKinsey itself. His access puts him in a unique position to demonstrate when it is worth hiring these gurus—and when they’re full of smoke.

    Humbly born on Staten Island during George Washington’s presidency, he rose from boatman to builder of the nation’s largest fleet of steamships to lord of a railroad empire. Lincoln consulted him on steamship strategy during the Civil War; Jay Gould was first his uneasy ally and then sworn enemy; and Victoria Woodhull, the first woman to run for president of the United States, was his spiritual counselor. We see Vanderbilt help to launch the transportation revolution, propel the Gold Rush, reshape Manhattan, and invent the modern corporation—in fact, as T. J. Stiles elegantly argues, Vanderbilt did more than perhaps any other individual to create the economic world we live in today.In The First Tycoon, Stiles offers the first complete, authoritative biography of this titan, and the first comprehensive account of the Commodore’s personal life. It is a sweeping, fast-moving epic, and a complex portrait of the great man. Vanderbilt, Stiles shows, embraced the philosophy of the Jacksonian Democrats and withstood attacks by his conservative enemies for being too competitive. He was a visionary who pioneered business models. He was an unschooled fistfighter who came to command the respect of New York’s social elite. And he was a father who struggled with a gambling-addicted son, a husband who was loving yet abusive, and, finally, an old man who was obsessed with contacting the dead.The First Tycoon is the exhilarating story of a man and a nation maturing together: the powerful account of a man whose life was as epic and complex as American history itself.

    DebsEugene Victor Debs led the Socialist Party in the early twentieth-century to federal and state office across the country, helped to pioneer a fighting union politics that organized all workers, and became the beloved figurehead of American radicalism. Imprisoned for speaking out against World War I, Debs ran for president from prison, receiving over one million votes. Debs's story is the story of labor battles in industrializing America, of a socialist politics grown directly out of the American Midwest heartland, and of a distinctly American vision of socialism.With the campaign of Bernie Sanders, the rise of mass movements like Occupy and Black Lives Matter, and the Wall Street Crash of 2008, socialism has once again made itself felt in American politics. This graphic biography, published in collaboration with the Democratic Socialists of America--whose growing membership, spurred by Trump's election and Bernie Sanders' campaign, has reached heights not seen among socialist parties since the 1920s--is geared toward a new generation exploring socialist and working-class radicalism in the past and the present.Noah Van Sciver's dynamic illustrations are paired with short, accessible framing essays by Paul Buhle, noted historian of the U.S. left, with Dave Nance and Steve Max.

    One was a celebrity at twenty-three, the other virtually unknown until his dying days. One was right-wing and religious, the other a socialist and an atheist. Yet, as this ingenious and important new book reveals, at the heart of their lives and writing, Evelyn Waugh and George Orwell were essentially the same man. Orwell is best known for Animal Farm and 1984, Waugh for Brideshead Revisited and comic novels like Scoop and Vile Bodies. However different they may seem, these two towering figures of twentieth-century literature are linked for the first time in this engaging and unconventional biography, which goes beyond the story of their amazing lives to reach the core of their beliefs–a shared vision that was startlingly prescient about our own troubled times.Both Waugh and Orwell were born in 1903, into the same comfortable stratum of England’s class-obsessed society. But at first glance they seem to have lived opposite lives. Waugh married into the high aristocracy, writing hilarious novels that captured the amoral time between the wars. He converted to Catholicism after his wife’s infidelity and their divorce. Orwell married a moneyless student of Tolkien’s who followed him to Barcelona, where he fought in the Spanish Civil War. She saved his life there–twice–but her own fate was tragic.Waugh and Orwell would meet only once, as the latter lay dying of tuberculosis, yet as The Same Man brilliantly shows, in their life and work both writers rebelled against a modern world run by a privileged, sometimes brutal, few. Orwell and Waugh were almost alone among their peers in seeing what the future–our time–would bring, and they dedicated their lives to warning us against what was coming: a world of material wealth but few values, an existence without tradition or community or common purpose, where lives are measured in dollars, not sense. They explained why, despite prosperity, so many people feel that our society is headed in the wrong direction. David Lebedoff believes that we need both Orwell and Waugh now more than ever.Unique in its insights and filled with vivid scenes of these two fascinating men and their tumultuous times, The Same Man is an amazing story and an original work of literary biography.

    Reich, and now he reveals the cycles of power and influence that have perpetuated a new American oligarchy, a shrinking middle class, and the greatest income inequality and wealth disparity in eighty years. He makes clear how centrally problematic our veneration of the "free market" is, and how it has masked the power of the moneyed interests to tilt the market to their benefit. He exposes the falsehoods that have been bolstered by the corruption of our democracy by big corporations and the revolving door between Washington and Wall Street-- that all workers are paid what they're "worth," a higher minimum wage equals fewer jobs, corporations must serve shareholders before employees. Ever the pragmatist, Reich sees hope for reversing our slide toward inequality and diminished opportunity by shoring up the countervailing power of everyone else. Here is a revelatory indictment of our economic status quo and an empowering call to civic action.

    She instantly knew that her voice—all women’s voices—were essential to shaping the future of this country, and that she had a greater purpose in life: to speak up and effect change. Now, in this extraordinary memoir, the senator, wife, and mother of two recounts her personal journey in public service and galvanizes women to reach beyond their busy lives and make a meaningful difference in the world around them.Off the Sidelines is a playbook for women who want to step up, whether in Congress or the boardroom or the local PTA. If women were fully represented in politics, Gillibrand says, national priorities would shift to issues that directly impact them: affordable daycare, paid family medical leave, and equal pay. Pulling back the curtain on Beltway politics, she speaks candidly about her legislative successes (securing federally funded medical care for 9/11 first responders, repealing Don’t Ask, Don’t Tell) and her crushing disappointments (failing by five votes to pass a bill protecting survivors of sexual assault in the military).Gillibrand also shares stories of growing up the daughter and granddaughter of two trailblazing feminists in a politically active family in Albany, New York, and retraces her nonlinear path to public office. She lays bare the highs and lows of being a young (pregnant!) woman in Congress, the joys and sacrifices every working mother shares, and the support system she turns to in her darkest moments: her husband, their two little boys, and lots of girlfriends.In Off the Sidelines, Gillibrand is the tough-love older sister and cheerleader every woman needs. She explains why “ambition” is not a dirty word, failure is a gift, listening is the most effective tool, and the debate over women “having it all” is absurd at best and demeaning at worst. In her sharp, honest, and refreshingly relatable voice, she dares us all to tap into our inner strength, find personal fulfillment, and speak up for what we believe in.

    Moses built an empire and lived like an emperor. He personally conceived and completed public works costing 27 billion dollars--the greatest builder America (and probably the world) has ever known. Without ever having been elected to office, he dominated the men who were--even his most bitter enemy, Franklin D. Roosevelt, could not control him--until he finally encountered, in Nelson Rockefeller, the only man whose power (and ruthlessness in wielding it) equalled his own.

    Eisenhower, full of fascinating details and anecdotes, which places particular emphasis on his brilliant generalship and leadership in World War Two, and provides, with the advantage of hindsight, a far more acute analysis of his character and personality than any that has previously been available, reaching the conclusion that he was perhaps America's greatest general and one of America's best presidents, a man who won the war and thereafter kept the peace.Ike starts with the story of D–Day, the most critical moment in America's history. It was Hitler's last chance to win the war –– he had the means to destroy the troops on the beaches, but he failed to react quickly enough. The one man who would have reacted quickly and decisively had he been on the spot, Field Marshal Erwin Rommel, was home on leave and didn't arrive back at his headquarters until it was too late. It was Ike's plan, Ike's decision, Ike's responsibility. He alone, among all the Allied generals, could win or lose the war in one day, and knew it.But of course there is more to this book than military history. It is a full biography of a remarkable man, ambitious, a late starter, a brilliant leader of men and perhaps the only American general who could command such a difficult coalition, and win the respect of not only his own soldiers, but also those of Great Britain and France, and lead them to a triumphant victory.It is also the story of a remarkable family. Ike grew up in Abilene, Kansas, and the Eisenhowers were Mennonites, who, like the Amish, were deeply committed pacifists, so it is ironic that he went to West Point and became a general, to his mother's horror. It is as well the portrait of a tumultuous and often difficult marriage, for Mamie was every bit as stubborn and forceful as her husband, and it was by no means the sunny, happy marriage that Republican publicists presented to the public when Ike made his first moves towards the presidency.Indeed, behind Ike's big grin and the easy–going, affable personality he liked to project was a very different man, fiercely ambitious, hot–tempered, shrewd, and tightly wound. He was a perfectionist for whom duty always came first, and a man of immense ability. In 1941 he was a soldier who was still an unknown and recently promoted colonel, and just two years later he was a four–star general who had commanded the biggest and most successful amphibious operation in history –– TORCH, the Anglo–American invasion of North Africa. He commanded respect and was dealt as an equal with such world figures as President Roosevelt, Winston Churchill, and Charles De Gaulle.

    This abridged version of her two-volume autobiography takes her from her birthplace in czarist Russia to the socialist enclaves of Manhattan’s Lower East Side. Against a dramatic backdrop of political argument, show trials, imprisonment, and tempestuous romances, Goldman chronicles the epoch that she helped shape: the reform movements of the Progressive Era, the early years of and later disillusionment with Lenin’s Bolshevik experiment, and more. Sounding a call still heard today, Living My Life is a riveting account of political ferment and ideological turbulence.First time in Penguin ClassicsCondensed to half the length of Goldman's original work, this edition is accessible to those interested in the activist and her extraordinary era

    Paul Murray Kendall's masterful account of the life of England's King Richard III has remained the standard biography of this controversial figure.

    E.P. Thompson shows how the working class took part in its own making & recreates the whole life experience of people who suffered loss of status & freedom, who underwent degradation & who yet created a culture & political consciousness of great vitality. "Thompson's book has been called controversial, but perhaps only because so many have forgotten how explosive England was during the Regency & the early reign of Victoria. Without any reservation, The Making of the English Working Class is the most important study of those days since the classic work of the Hammonds."--Commentary "Mr Thompson's deeply human imagination & controlled passion help us to recapture the agonies, heroisms & illusions of the working class as it made itself. No one interested in the history of the English people should fail to read his book."--Times Literary Supplement

    In All Souls, MacDonald takes us deep into the secret heart of Southie. With radiant insight, he opens up a contradictory world, where residents are besieged by gangs and crime but refuse to admit any problems, remaining fiercely loyal to their community. MacDonald also introduces us to the unforgettable people who inhabit this proud neighborhood. We meet his mother, Ma MacDonald, an accordion-playing, spiked-heel-wearing, indomitable mother to all; Whitey Bulger, the lord of Southie, gangster and father figure, protector and punisher; and Michael's beloved siblings, nearly half of whom were lost forever to drugs, murder, or suicide.MacDonald’s story is ultimately one of overcoming the racist, classist ideology he was born into. It's also a searing portrayal of life in a poor, white neighborhood plagued by violence and crime and deeply in denial about it.

    The family patriarch, "the Commodore," built up a fortune that made him the world's richest man by 1877. Yet, less than fifty years after the Commodore's death, one of his direct descendants died penniless, and no Vanderbilt was counted among the world's richest people. "Fortune's Children" tells the dramatic story of all the amazingly colorful spenders who dissipated such a vast inheritance.