Book picks similar to
The Road to Global Prosperity by Michael Mandelbaum
non-fiction
politics
economics
nonfiction
The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order
Benn Steil - 2013
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.
The Corporation That Changed the World: How the East India Company Shaped the Modern Multinational
Nick Robins - 2006
A popular history of the British East India Company and how it shaped the way corporations operate today.
The Cost of Rights: Why Liberty Depends on Taxes
Stephen Holmes - 1999
Drawing from these practical, commonsense notions, The Cost of Rights provides a useful corrective to the all-or-nothing feel of much political debate nowadays (The Economist).
The Great Deformation: The Corruption of Capitalism in America
David A. Stockman - 2013
It counters conventional wisdom with an eighty-year revisionist history of how the American state—especially the Federal Reserve—has fallen prey to the politics of crony capitalism and the ideologies of fiscal stimulus, monetary central planning, and financial bailouts. These forces have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America's private enterprise foundation to morph into a speculative casino that swindles the masses and enriches the few.Defying right- and left-wing boxes, David Stockman provides a catalogue of corrupters and defenders of sound money, fiscal rectitude, and free markets. The former includes Franklin Roosevelt, who fathered crony capitalism; Richard Nixon, who destroyed national financial discipline and the Bretton Woods gold-backed dollar; Fed chairmen Greenspan and Bernanke, who fostered our present scourge of bubble finance and addiction to debt and speculation; George W. Bush, who repudiated fiscal rectitude and ballooned the warfare state via senseless wars; and Barack Obama, who revived failed Keynesian “borrow and spend” policies that have driven the national debt to perilous heights. By contrast, the book also traces a parade of statesmen who championed balanced budgets and financial market discipline including Carter Glass, Harry Truman, Dwight Eisenhower, Bill Simon, Paul Volcker, Bill Clinton, and Sheila Bair.Stockman's analysis skewers Keynesian spenders and GOP tax-cutters alike, showing how they converged to bloat the welfare state, perpetuate the military-industrial complex, and deplete the revenue base—even as the Fed's massive money printing allowed politicians to enjoy “deficits without tears.” But these policies have also fueled new financial bubbles and favored Wall Street with cheap money and rigged stock and bond markets, while crushing Main Street savers and punishing family budgets with soaring food and energy costs. The Great Deformation explains how we got here and why these warped, crony capitalist policies are an epochal threat to free market prosperity and American political democracy.
Opportunity Knocks: The Story of How Hope and Opportunity Can Change Everything
Tim Scott - 2020
As the son of a single mother from North Charleston, South Carolina, he struggled to get through school and had his dreams of a college football career shattered by a car wreck. But thanks to his mother and a few mentors along the way, he learned that "failure isn't failure unless you quit." He also learned that it's hard work and perseverance, not a government handout, that will get you ahead in life.Today, Senator Scott is the only black Republican in the Senate, and he believes that investment and commerce are the best ways to rebuild our most impoverished communities. This is the idea behind his signature piece of legislation, the "opportunity zones" program, which President Trump has strongly endorsed. The program provides tax incentives for businesses that invest in low-income urban areas, seeking to replace things like welfare and government assistance. In Opportunity Knocks, Senator Scott will tell his life story with a focus on adversity and opportunity. He will teach readers about the principles of hard work and hope while addressing the dangers of veering too far toward socialist policies. The book will also not shy away from discussions of racism and racial inequality in the United States, and will recount some of Senator Scott's own brushes with racism as well as the many discussions he's had with people who want to help, including President Trump.
Secrets of the Kingdom: The Inside Story of the Saudi-U.S. Connection
Gerald Posner - 2005
In his new book, Secrets of the Kingdom, Posner exposes the undeniable truth about U.S.-Saudi relations–and how the Saudis’ influence on American business and politics poses a grave threat to our security.The result of an intensive two-year investigation, Secrets of the Kingdom penetrates the innermost layers of the shielded House of Saud and presents indisputable evidence of complicity and deceit at the highest levels–evidence that the 9/11 Commission, either deliberately or negligently, failed to consider. Using bank records and other previously undisclosed information, Posner unearths many disturbing truths and shattering revelations about the ties that bind the Saudi and U.S. governments, including• how countless failures in U.S. intelligence and law enforcement gave extraordinary preferential treatment to prominent Saudis living in the United States, including members of the bin Laden family, in the days after 9/11• a likely close connection between a powerful member of the House of Saud and Abu Zubeydah, the highest-ranking al-Qaeda operative captured so far by the United States• how the Saudi government has turned a blind eye to the role Saudi charities–including many controlled or supported by Kingdom officials– have played in bankrolling al-Qaeda and Islamic terror groups• the never-before-revealed Saudi and U.S. emergency plans in the event of a national crisis in the Kingdom, plans that could affect the security of the United States and the entire Middle EastSecrets of the Kingdom is an explosive study that will have a profound impact on both U.S. policy and Americans’ perception of their government and its extensive ties to a foreign power. Posner uncovers a disturbing picture of how two nations, despite their differing agendas, have become inextricably entwined.From the Hardcover edition.
Maximalist: America in the World from Truman to Obama
Stephen Sestanovich - 2014
government, a startling and provocative assessment of America’s global dominance. Maximalist puts the history of our foreign policy in an unexpected new light, while drawing fresh, compelling lessons for the present and future. When the United States has succeeded in the world, Stephen Sestanovich argues, it has done so not by staying the course but by having to change it—usually amid deep controversy and uncertainty. For decades, the United States has been a power like no other. Yet presidents and policy makers worry that they—and, even more, their predecessors—haven’t gotten things right. Other nations, they say to themselves, contribute little to meeting common challenges. International institutions work badly. An effective foreign policy costs too much. Public support is shaky. Even the greatest successes often didn’t feel that way at the time. Sestanovich explores the dramatic results of American global primacy built on these anxious foundations, recounting cycles of overcommitment and underperformance, highs of achievement and confidence followed by lows of doubt. We may think there was a time when America’s international role reflected bipartisan unity, policy continuity, and a unique ability to work with others, but Maximalist tells a different story—one of divided administrations and divisive decision making, of clashes with friends and allies, of regular attempts to set a new direction. Doing too much has always been followed by doing too little, and vice versa.Maximalist unearths the backroom stories and personalities that bring American foreign policy to life. Who knew how hard Lyndon Johnson fought to stay out of the war in Vietnam—or how often Henry Kissinger ridiculed the idea of visiting China? Who remembers that George Bush Sr. found Ronald Reagan’s diplomacy too passive—or that Bush Jr. considered Bill Clinton’s too active? Leaders and scoundrels alike emerge from this retelling in sharper focus than ever before. Sestanovich finds lessons in the past that anticipate and clarify our chaotic present.
End of an Era: How China's Authoritarian Revival Is Undermining Its Rise
Carl Minzner - 2018
Core factors that characterized it-political stability, ideological openness, and rapid economic growth-are unraveling. Since the 1990s, Beijing's leaders have firmly rejected any fundamental reform of their authoritarian one-party political system, and on thesurface, their efforts have been a success. But as Carl Minzner shows, a closer look at China's reform era reveals a different truth. Over the past three decades, a frozen political system has fueled both the rise of entrenched interests within the Communist Party itself, and the systematicunderdevelopment of institutions of governance among state and society at large. Economic cleavages have widened. Social unrest has worsened. Ideological polarization has deepened. Now, to address these looming problems, China's leaders are progressively cannibalizing institutional norms andpractices that have formed the bedrock of the regime's stability in the reform era. End of an Era explains how China arrived at this dangerous turning point, and outlines the potential outcomes that could result.
The No-Nonsense Guide to Globalization
Wayne Ellwood - 2001
From the richest country to the poorest, every aspect of life is affected by global economics and communications. We all benefit...or do we?This No-Nonsense Guide to Globalization distills the arguments into a clear, concise commentary. It examines the debt trap, the acceleration of neo-liberalism and the “free trade” model, competition for energy resources, and the links between the war on terror, the arms trade, and privatization. It looks at civil society alternatives to corporate globalization and the latest trade justice initiatives.
The Price of Prosperity: Why Rich Nations Fail and How to Renew Them
Todd G. Buchholz - 2016
W. Bush explores exposes the economic, political, and cultural cracks that wealthy nations face and makes the case for transforming those same vulnerabilities into sources of strength—and the foundation of a national renewal.America and other developed countries, including Germany, Japan, France, and Great Britain are in desperate straits. The loss of community, a contracting jobs market, immigration fears, rising globalization, and poisonous partisanship—the adverse price of unprecedented prosperity—are pushing these nations to the brink. Acclaimed author, economist, hedge fund manager, and presidential advisor Todd G. Buchholz argues that without a sense of common purpose and shared identity, nations can collapse. The signs are everywhere: Reckless financial markets encourage people to gamble with other people’s money. A coddling educational culture removes the stigma of underachievement. Community traditions such as American Legion cookouts and patriotic parades are derided as corny or jingoistic. Newcomers are watched with suspicion and contempt. As Buchholz makes clear, the United States is not the first country to suffer these fissures. In The Price of Prosperity he examines the fates of previous empires—those that have fallen as well as those extricated from near-collapse and the ruins of war thanks to the vision and efforts of strong leaders. He then identifies what great leaders do to fend off the forces that tear nations apart. Is the loss of empire inevitable? No. Can a community spirit be restored in the U.S. and in Europe? The answer is a resounding yes. We cannot retrieve the jobs of our grandparents, but we can embrace uniquely American traditions, while building new foundations for growth and change. Buchholz offers a roadmap to recovery, and calls for a revival of national pride and patriotism to help us come together once again to protect the nation and ensure our future.
Retirement 101: From 401(k) Plans and Social Security Benefits to Asset Management and Medical Insurance, Your Complete Guide to Preparing for the Future You Want
Michele Cagan - 2019
Whether you want to retire as soon as possible or are looking forward to continuing to work in some form for as long as you can, Retirement 101 guides you through each step as you approach this important milestone. From how to save for the day when you stop—or scale back—working to smart investment strategies to the best states to retire in to how to calculate your benefits, Retirement 101 helps you create a retirement plan to accomplish your goals, whatever they are.
Get Rich in Real Estate: Your Step-by-Step Guide to Acquiring Properties in NYC
Elliot Bogod - 2019
The author, Elliot Bogod, is a Founder and Managing Director of Broadway Realty, a real estate brokerage in Manhattan. With over twenty years experience, Elliot has sold over $2 billion in New York real estate. In this book, you will find: • A list of “magic words” often used in real estate investment, with clear and detailed explanations • Methods for evaluating the locations for your investments, using vibrant Manhattan neighborhoods as an example. • Review of different types of residential investments: condominiums, co-ops and townhouses • Detailed advice on investing in various types of commercial real estate: retail locations, offices, restaurants, hotels, garages and others • Multiple strategies, tactics and techniques for building wealth through your investments • Clear and concise information on mortgages, taxes and laws • Methods for achieving success through managing a team of experts working for you
The Next Factory of the World: How Chinese Investment Is Reshaping Africa
Irene Yuan Sun - 2017
Chinese entrepreneurs are flooding into the continent, investing in long-term assets such as factories and heavy equipment.Considering Africa's difficult history of colonialism, one might suspect that China's activity there is another instance of a foreign power exploiting resources. But as author Irene Yuan Sun vividly shows in this remarkable book, it is really a story about resilient Chinese entrepreneurs building in Africa what they so recently learned to build in China--a global manufacturing powerhouse.The fact that China sees Africa not for its poverty but for its potential wealth is a striking departure from the attitude of the West, particularly that of the United States. Despite fifty years of Western aid programs, Africa still has more people living in extreme poverty than any other region in the world. Those who are serious about raising living standards across the continent know that another strategy is needed.Chinese investment gives rise to a tantalizing possibility: that Africa can industrialize in the coming generation. With a manufacturing-led transformation, Africa would be following in the footsteps of the United States in the nineteenth century, Japan in the early twentieth, and the Asian Tigers in the late twentieth. Many may consider this an old-fashioned way to develop, but as Sun argues, it's the only one that's proven to raise living standards across entire societies in a lasting way. And with every new Chinese factory boss setting up machinery and hiring African workers--and managers--that possibility becomes more real for Africa.With fascinating and moving human stories along with incisive business and economic analysis, The Next Factory of the World will make you rethink both China's role in the world and Africa's future in the globalized economy.
After Hegemony: Cooperation and Discord in the World Political Economy
Robert O. Keohane - 1984
Can cooperation persist without the dominance of a single power, such as the United States after World War II? To answer this pressing question, Robert Keohane analyzes the institutions, or international regimes, through which cooperation has taken place in the world political economy and describes the evolution of these regimes as American hegemony has eroded. Refuting the idea that the decline of hegemony makes cooperation impossible, he views international regimes not as weak substitutes for world government but as devices for facilitating decentralized cooperation among egoistic actors. In the preface the author addresses the issue of cooperation after the end of the Soviet empire and with the renewed dominance of the United States, in security matters, as well as recent scholarship on cooperation.
China, Inc.: How the Rise of the Next Superpower Challenges America and the World
Ted C. Fishman - 2005
Fishman's bestselling explanation of how China is rapidly becoming a global industrial superpower and how the American economy is challenged by this new reality.China today is visible everywhere -- in the news, in the economic pressures battering the globe, in our workplaces, and in every trip to the store. Provocative, timely, and essential -- and updated with new statistics and information -- this dramatic account of China's growing dominance as an industrial superpower by journalist Ted C. Fishman explains how the profound shift in the world economic order has occurred -- and why it already affects us all. How has an enormous country once hobbled by poverty and Communist ideology come to be the supercharged center of global capitalism? What does it mean that China now grows three times faster than the United States? Why do nearly all of the world's biggest companies have large operations in China? What does the corporate march into China mean for workers left behind in America, Europe, and the rest of the world? Meanwhile, what makes China's emerging corporations so dangerously competitive? What will happen when China manufactures nearly everything -- computers, cars, jumbo jets, and pharmaceuticals -- that the United States and Europe can, at perhaps half the cost? How do these developments reach around the world and straight into all of our lives? These are ground-shaking questions, and China, Inc. provides answers. Veteran journalist Ted C. Fishman shows how China will force all of us to make big changes in how we think about ourselves as consumers, workers, citizens, and even as parents. The result is a richly engaging work of penetrating, up-to-the-minute reportage and brilliant analysis that will forever change how readers think about America's future.
