Book picks similar to
Commonwealth: A Study of the Role of Government in the American Economy: Massachusetts, 1774-1861 by Oscar Handlin
economics
new-england
returned-library-books
wanted
The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance
Ron Chernow - 1990
Acclaimed by The Wall Street Journal as "brilliantly researched and written," the book tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned. It is the definitive account of the rise of the modern financial world. A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P. Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece, a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again
Atif Mian - 2014
More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession—that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression, as well as the current economic malaise in Europe, were caused by a large run-up in household debt followed by a significantly large drop in household spending. Though the banking crisis captured the public’s attention, Mian and Sufi argue strongly with actual data that current policy is too heavily biased toward protecting banks and creditors. Increasing the flow of credit, they show, is disastrously counterproductive when the fundamental problem is too much debt. As their research shows, excessive household debt leads to foreclosures, causing individuals to spend less and save more. Less spending means less demand for goods, followed by declines in production and huge job losses. How do we end such a cycle? With a direct attack on debt, say Mian and Sufi. More aggressive debt forgiveness after the crash helps, but as they illustrate, we can be rid of painful bubble-and-bust episodes only if the financial system moves away from its reliance on inflexible debt contracts. As an example, they propose new mortgage contracts that are built on the principle of risk-sharing, a concept that would have prevented the housing bubble from emerging in the first place. Thoroughly grounded in compelling economic evidence, House of Debt offers convincing answers to some of the most important questions facing the modern economy today: Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward?
The Lords of Strategy: The Secret Intellectual History of the New Corporate World
Walter Kiechel III - 2009
Remarkably, fifty years ago that's the way it was. Businesses made plans, certainly, but without understanding the underlying dynamics of competition, costs, and customers. It was like trying to design a large-scale engineering project without knowing the laws of physics. But in the 1960s, four mavericks and their posses instigated a profound shift in thinking that turbocharged business as never before, with implications far beyond what even they imagined. In The Lords of Strategy, renowned business journalist and editor Walter Kiechel tells, for the first time, the story of the four men who invented corporate strategy as we know it and set in motion the modern, multibillion-dollar consulting industry:Bruce Henderson, founder of Boston Consulting GroupBill Bain, creator of Bain & CompanyFred Gluck, longtime Managing Director of McKinsey & CompanyMichael Porter, Harvard Business School professorProviding a window into how to think about strategy today, Kiechel tells their story with novelistic flair. At times inspiring, at times nearly terrifying, this book is a revealing account of how these iconoclasts and the organizations they led revolutionized the way we think about business, changed the very soul of the corporation, and transformed the way we work.
The Embezzler
Louis Auchincloss - 1966
But in Guy's case, the legend is one of betrayal and infamy. For the scandal of his embezzlement brought down the delicately balanced structure of the Stock Exchange. The long-honored system of self-government by mutual trust among gentlemen came to an end with the default of one of its brightest stars.The story of Guy's fall is told by the three persons most intimately concerned: Guy himself, Rex Geer, his closest friend, and Angelica, his wife. We see him first through his own eyes — embittered, oddly proud of his peculiar distinction, and entirely unrepentant — the golden boy, the Wall Street manipulator, and finally the old man determined to justify himself to the grandchildren he will never see.Rex and Angelica in turn pick up the same threads of the story, but the threads change color subtly as they pass through different hands. In the end, the reader must decide for himself which is the real Guy Prime.Louis Auchincloss brings to the financial world the same authority and understanding he brought to the worlds of the law (Powers of Attorney), the private school (The Rector of Justin), and the old families of New York (Portrait in Brownstone). Virgilia Peterson, writing in the New York Times Book Review, called The Rector of Justin "not only a passionately interesting, but a spiritually important study of the American character of, and for our time." Her words hold true for The Embezzler.
The Birth of Modern Politics: Andrew Jackson, John Quincy Adams, and the Election of 1828
Lynn Hudson Parsons - 2009
It was the contest in which an unlettered, hot-tempered southwestern frontiersman, trumpeted by hissupporters as a genuine man of the people, soundly defeated a New England aristocrat whose education and political r�sum� were as impressive as any ever seen in American public life. It was, many historians have argued, the country's first truly democratic presidential election. It was also theelection that opened a Pandora's box of campaign tactics, including coordinated media, get-out-the-vote efforts, fund-raising, organized rallies, opinion polling, campaign paraphernalia, ethnic voting blocs, opposition research, and smear tactics.In The Birth of Modern Politics, Parsons shows that the Adams-Jackson contest also began a national debate that is eerily contemporary, pitting those whose cultural, social, and economic values were rooted in community action for the common good against those who believed the common good was bestserved by giving individuals as much freedom as possible to promote their own interests. The book offers fresh and illuminating portraits of both Adams and Jackson and reveals how, despite their vastly different backgrounds, they had started out with many of the same values, admired one another, andhad often been allies in common causes. But by 1828, caught up in a shifting political landscape, they were plunged into a competition that separated them decisively from the Founding Fathers' era and ushered in a style of politics that is still with us today.
Elbow Room: A Tale of Tenacity on Kodiak Island, Alaska
D.D. Fisher - 2011
From humorous fishing excursions and frightening bear encounters to snow blinding blizzards and quirky characters, they come face to face with the unpredictable Mother Nature and learn the value of friendship, survival, and solitude in a picturesque but harsh life by the sea. Packed with adventures, challenges, and true Alaskan lifestyle.
The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger
Marc Levinson - 2006
From that modest beginning, container shipping developed into a huge industry that made the boom in global trade possible. "The Box" tells the dramatic story of the container's creation, the decade of struggle before it was widely adopted, and the sweeping economic consequences of the sharp fall in transportation costs that containerization brought about.Published on the fiftieth anniversary of the first container voyage, this is the first comprehensive history of the shipping container. It recounts how the drive and imagination of an iconoclastic entrepreneur, Malcom McLean, turned containerization from an impractical idea into a massive industry that slashed the cost of transporting goods around the world and made the boom in global trade possible.But the container didn't just happen. Its adoption required huge sums of money, both from private investors and from ports that aspired to be on the leading edge of a new technology. It required years of high-stakes bargaining with two of the titans of organized labor, Harry Bridges and Teddy Gleason, as well as delicate negotiations on standards that made it possible for almost any container to travel on any truck or train or ship. Ultimately, it took McLean's success in supplying U.S. forces in Vietnam to persuade the world of the container's potential.Drawing on previously neglected sources, economist Marc Levinson shows how the container transformed economic geography, devastating traditional ports such as New York and London and fueling the growth of previously obscure ones, such as Oakland. By making shipping so cheap that industry could locate factories far from its customers, the container paved the way for Asia to become the world's workshop and brought consumers a previously unimaginable variety of low-cost products from around the globe.
Murder, New England: A Historical Collection of Killer True-Crime Tales
M. William Phelps - 2012
True tales of murder in New England, from the colonial period to today, chronicled by a true crime master, New York Times bestselling author, and star of Investigation Discovery’s new television show Dark Minds
Capitalism Hits the Fan: The Global Economic Meltdown and What to Do about It
Richard D. Wolff - 2009
The book's essays engage the public discussion about basic structural changes and systemic alternatives needed to fix today's broken economy.
Capitalism in America: A History
Alan Greenspan - 2018
To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite?In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.
Why Romney Lost
David Frum - 2012
David Frum urges a Republican party that is culturally modern, economically inclusive, and environmentally responsible - a party that can meet the challenges of the Obama years and lead a diverse America to a new age of freedom and prosperity.
Aftershock: The Next Economy and America's Future
Robert B. Reich - 2010
But Robert B. Reich suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living.Persuasively and straightforwardly, Reich reveals how precarious our situation still is. The last time in American history when wealth was so highly concentrated at the top—indeed, when the top 1 percent of the population was paid 23 percent of the nation’s income—was in 1928, just before the Great Depression. Such a disparity leads to ever greater booms followed by ever deeper busts. Reich’s thoughtful and detailed account of where we are headed over the next decades reveals the essential truth about our economy that is driving our politics and shaping our future. With keen insight, he shows us how the middle class lacks enough purchasing power to buy what the economy can produce and has adopted coping mechanisms that have a negative impact on their quality of life; how the rich use their increasing wealth to speculate; and how an angrier politics emerges as more Americans conclude that the game is rigged for the benefit of a few. Unless this trend is reversed, the Great Recession will only be repeated. Reich’s assessment of what must be done to reverse course and ensure that prosperity is widely shared represents the path to a necessary and long-overdue transformation. Aftershock is a practical, humane, and much-needed blueprint for both restoring America’s economy and rebuilding our society.
Them And Us: Politics, Greed And Inequality Why We Need A Fair Society
Will Hutton - 2010
Pub Date: 2010 Pages: 256 Publisher: Little own An incisive look at how our society has the fuller the into inequality and how to address this most crucial blight is on our times
With Fire and Sword: The Battle of Bunker Hill and the Beginning of the American Revolution
James L. Nelson - 2011
If the Battle of Lexington and Concord was, in the immortal words of Ralph Waldo Emerson, the "shot heard round the world," Bunker Hill was the volley that rocked Britain's Parliament and the ministry of King George III to its core. The Battle of Bunker Hill was the first hostile engagement of the Revolution between two organized armies, and the first time that a genuine American army had ever taken the field. It gave the British their first inkling that the Colonial rabble-in-arms they had envisioned might actually prove to be a formidable fighting force. In this book, award-winning author James L. Nelson tells the exciting and dramatic story of the fight that changed the face of the American Revolution. He looks at the events leading up to that fateful day, the personalities on both the British and American sides who made momentous decisions, and the bloody outcome of those crucial choices, which would affect the British strategy on the battlefield throughout the coming six more years of active warfare. A masterful new history of the first set-piece battle of the Revolutionary War, With Fire and Sword offers critical new insights into one of the most important actions of our country's founding.
Lee Harvey Oswald: 48 Hours to Live: Oswald, Kennedy, and the Conspiracy that Will Not Die
Steven M. Gillon - 2013
Kennedy? This riveting companion to the upcoming History Channel documentary follows Oswald in the immediate aftermath of the assassination, searching for the answers to the questions that have troubled America for a half century: Did he actually pull the trigger? Was he alone? And if so, why? Steven M. Gillon, Scholar-in-Residence at the History Channel, explores the possibility that Cuban intelligence officials may have encouraged Oswald to commit the crime and promised to help him escape. Gillon recreates in painstaking detail the long interrogation sessions and reveals that many of the police officers who witnessed the sessions were convinced that Oswald had received special training. He was simply too good at deflecting questions, too smart, too confident. With new information from recently declassified documents, and revealing photos and documents, these pages offer a refreshingly new and complicated portrait of the man who assassinated President John F. Kennedy.