John Kenneth Galbraith: His Life, His Politics, His Economics


Richard Parker - 2005
    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

Things That Matter: Three Decades of Passions, Pastimes and Politics


Charles Krauthammer - 2013
      A brilliant stylist known for an uncompromising honesty that challenges conventional wisdom at every turn, Krauthammer has for decades daz­zled readers with his keen insight into politics and government. His weekly column is a must-read in Washington and across the country. Now, finally, the best of Krauthammer’s intelligence, erudition and wit are collected in one volume.   Readers will find here not only the country’s leading conservative thinker offering a pas­sionate defense of limited government, but also a highly independent mind whose views—on feminism, evolution and the death penalty, for example—defy ideological convention. Things That Matter also features several of Krautham­mer’s major path-breaking essays—on bioeth­ics, on Jewish destiny and on America’s role as the world’s superpower—that have pro­foundly influenced the nation’s thoughts and policies. And finally, the collection presents a trove of always penetrating, often bemused re­flections on everything from border collies to Halley’s Comet, from Woody Allen to Win­ston Churchill, from the punishing pleasures of speed chess to the elegance of the perfectly thrown outfield assist.   With a special, highly autobiographical in­troduction in which Krauthammer reflects on the events that shaped his career and political philosophy, this indispensible chronicle takes the reader on a fascinating journey through the fashions and follies, the tragedies and triumphs, of the last three decades of American life.

Truman Fires MacArthur: (ebook excerpt of Truman)


David McCullough - 2010
    An unpopular war. A military and diplomatic team in disarray. Those are the challenges President Obama has faced as he attempts to make a success of U.S involvement in Afghanistan. They are also the challenges President Truman surmounted in the winter of 1950 as he began managing a war in Korea that risked becoming bigger and more costly. It was the first significant armed conflict of the Cold War: United States troops under the command of General Douglas MacArthur came to the aid of the South Koreans after North Korea invaded. When Communist China entered the conflict on the side of the North Koreans, the crisis seemed on the verge of flaring into a world war. Truman was determined not to let that happen. MacArthur kept urging a widening of the war into China itself and ignoring his Commander in Chief. On April 11, 1951, after MacArthur had “shot his mouth off,” as one diplomat put it, one too many times, Truman fired him. The story of their showdown—one of the most dramatic in U.S. history between a Commander in Chief and his top soldier in the field—is captured in all its detail by David McCullough in his biography Truman, and presented here in a e-book called Truman Fires MacArthur (an excerpt of Truman, McCullough’s Pulitzer Prize-winning biography), which was the headline carried in many newspapers around the country the next day. Truman Fires MacArthur will continue to ride the headlines. It will go on sale as an ebook just as the Rolling Stone profile that exposed General Stanley McChrystal’s insurrection and forced his resignation hits newsstands, and media coverage of the showdown continues to draw historical analogies between Truman and Obama.

Lords of Finance: The Bankers Who Broke the World


Liaquat Ahamed - 2009
    In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades. In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard. For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.

Bill Clinton: An American Journey: Great Expectations


Nigel Hamilton - 2003
    In an era of cultural civil war, the Clinton administration fed the public an almost daily diet of scandal and misfortune.Who is Bill Clinton, though, and how did this baby-boom saga begin? Clinton’s upbringing in Arkansas and his student years at Georgetown, Oxford, and Yale universities help us to see his life not only as a personal story but as the story of modern America. Behind the closed doors of the house on the hill above Park Avenue in Hot Springs, the struggle between Clinton’s stepfather and mother became ultimately unbearable, causing Virginia to move out and divorce Roger Clinton. Dreading confrontation, Bill Clinton excelled in almost every field save athletics. But the fabled success of the scholarship boy would be marred by the decisions he came to make regarding Vietnam and military service—choices that haunt him to this day.We watch with a mixture of alarm, fascination, and awe as Bill Clinton does so much that is right—and so much that is wrong. He sets his cap for the star student at Yale, young Hillary Rodham, seducing her with his dreams of a better America and an aw-shucks grin. Wherever he goes, he charms and disarms—young and old, men and women...and more women. He becomes a law professor straight out of college; he contests a congressional election in his twenties—and almost wins it. He becomes attorney general of his state and within two years is set to become the youngest-ever governor of Arkansas, at only thirty-two.Yet, always, there is a curse, a drive toward personal self-destruction—and with that the destruction of all those who are helping him on his legendary path. His affair with Gennifer Flowers strains his marriage and later nearly scuttles his bid for the presidency. He is thrown out of the governor’s office after only one term and suffers a life-shaking crisis of confidence. Though with the stalwart help of a female chief of staff he regains his crown, it is clear that Bill Clinton’s charismatic career is a ceaseless tightrope walk above the forces that threaten to pull him down—the most potent of them residing in his own being.Imbued with sympathy, deep intelligence, and the storyteller’s art, this extraordinary biography helps us, at last, to understand the real Bill Clinton as he stumbles and withdraws from the 1988 presidential nomination race but enters it four years later, to make one of the most astonishing bids for the presidency in the twentieth century: the climax of this gripping political, social, and scandalous journey.From the Hardcover edition.

The Pianist: The Extraordinary Story of One Man's Survival in Warsaw, 1939–45


Władysław Szpilman - 1946
    It was the same piece and the same pianist, when broadcasting was resumed six years later. The Pianist is Szpilman's account of the years inbetween, of the death and cruelty inflicted on the Jews of Warsaw and on Warsaw itself, related with a dispassionate restraint borne of shock. Szpilman, now 88, has not looked at his description since he wrote it in 1946 (the same time as Primo Levi's If This Is A Man?; it is too personally painful. The rest of us have no such excuse. Szpilman's family were deported to Treblinka, where they were exterminated; he survived only because a music-loving policeman recognised him. This was only the first in a series of fatefully lucky escapes that littered his life as he hid among the rubble and corpses of the Warsaw Ghetto, growing thinner and hungrier, yet condemned to live. Ironically it was a German officer, Wilm Hosenfeld, who saved Szpilman's life by bringing food and an eiderdown to the derelict ruin where he discovered him. Hosenfeld died seven years later in a Stalingrad labour camp, but portions of his diary, reprinted here, tell of his outraged incomprehension of the madness and evil he witnessed, thereby establishing an effective counterpoint to ground the nightmarish vision of the pianist in a desperate reality. Szpilman originally published his account in Poland in 1946, but it was almost immediately withdrawn by Stalin's Polish minions as it unashamedly described collaborations by Lithuanians, Ukrainians, Poles and Jews with the Nazis. In 1997 it was published in Germany after Szpilman's son found it on his father's bookcase. This admirably robust translation by Anthea Bell is the first in the English language. There were 3,500,000 Jews in Poland before the Nazi occupation; after it there were 240,000. Wladyslaw Szpilman's extraordinary account of his own miraculous survival offers a voice across the years for the faceless millions who lost their lives. --David Vincent

Thinking the Twentieth Century


Tony Judt - 2012
    The twentieth century comes to life as an age of ideas - a time when, for good and for ill, the thoughts of the few reigned over the lives of the many. Judt presents the triumphs and the failures of prominent intellectuals, adeptly explaining both their ideas and the risks of their political commitments. Spanning an era with unprecedented clarity and insight, Thinking the Twentieth Century is a tour de force, a classic study of modern thought by one of the century's most incisive thinkers.The exceptional nature of this work is evident in its very structure - a series of intimate conversations between Judt and his friend and fellow historian Timothy Snyder, grounded in the texts of the time and focused by the intensity of their vision. Judt's astounding eloquence and range are on display here as never before. Traversing the complexities of modern life with ease, he and Snyder revive both thoughts and thinkers, guiding us through the debates that made our world. As forgotten ideas are revisited and fashionable trends scrutinized, the shape of a century emerges. Judt and Snyder draw us deep into their analysis, making us feel that we too are part of the conversation. We become aware of the obligations of the present to the past, and the force of historical perspective and moral considerations in the critique and reform of society, then and now.In restoring and indeed exemplifying the best of intellectual life in the twentieth century, Thinking the Twentieth Century opens pathways to a moral life for the twenty-first. This is a book about the past, but it is also an argument for the kind of future we should strive for: Thinking the Twentieth Century is about the life of the mind - and the mindful life.

Ronald Reagan


James B. Sutherland - 2008
    He entered the White House in 1981, a time when many Americans were wondering if their country's best days were behind them. But things had changed by the time he left office--the economy was thriving and the Cold War was coming to a close.The child of an alcoholic, he was an intensely private man, yet he was so charming that he routinely befriended even his enemies. Reagan was both a complex man and political figure, and his legacy strongly influences politics today.

The Book of Paul: The Wit and Wisdom of Paul Keating


Russell Marks - 2014
    Presenting the one and only Mr Paul Keating – at his straight-shooting, scumbag-calling, merciless best.Paul lets rip – on John Howard: “The little desiccated coconut is under pressure and he is attacking anything he can get his hands on.”On Peter Costello: “The thing about poor old Costello is he is all tip and no iceberg.”On John Hewson: “[His performance] is like being flogged with a warm lettuce.”On Andrew Peacock: “...what we have here is an intellectual rust bucket.”On Wilson Tuckey: “...you stupid foul-mouthed grub.”On Tony Abbott: “If Tony Abbott ends up the prime minister of Australia, you’ve got to say, God help us.”And that’s just a taste.

Max Factor: The Man Who Changed the Faces of the World


Fred E. Basten - 2008
    Even the word was taboo in polite society - until Max Factor entered the scene. Born in Poland in 1877, Factor worked as a beautician for the Russian royal family, the Romanovs, then for the stars of early Hollywood, revolutionising the world of beauty as he went.

Under Our Skin: A White Family's Journey through South Africa's Darkest Years


Donald McRae - 2012
    The McRaes, like so many white people, seemed oblivious to the violent injustices of apartheid. As the author grew up, the political differences between father and son widened and when Don refused to join up for National Service, risking imprisonment or exile overseas, the two were torn apart. It wasn't until years later that the author discovered that the father with whom he had fought so bitterly had later in his life transformed himself into a political hero. Risking everything one dark and rainy night Ian McRae travelled secretly into the black township of Soweto to meet members of Nelson Mandela's then banned African National Congress to discuss ways to bring power to black South Africa. He had no political ambitions; he was just a man trying to replace the worst in himself with something better.Under Our Skin is a memoir of these tumultuous years in South Africa's history, as told through the author's family story. It offers an intimate and penetrating perspective on life under apartheid, and tells a story of courage and fear, hope and desolation and love and pain, especially between a father and his son.

23 Things They Don't Tell You about Capitalism


Ha-Joon Chang - 2010
    Thing 4: The washing machine has changed the world more than the Internet. Thing 5: Assume the worst about people, and you get the worst. Thing 13: Making rich people richer doesn't make the rest of us richer.If you've wondered how we did not see the economic collapse coming, Ha-Joon Chang knows the answer: We didn't ask what they didn't tell us about capitalism. This is a lighthearted book with a serious purpose: to question the assumptions behind the dogma and sheer hype that the dominant school of neoliberal economists-the apostles of the freemarket-have spun since the Age of Reagan.Chang, the author of the international bestseller Bad Samaritans, is one of the world's most respected economists, a voice of sanity-and wit-in the tradition of John Kenneth Galbraith and Joseph Stiglitz. 23 Things They Don't Tell You About Capitalism equips readers with an understanding of how global capitalism works-and doesn't. In his final chapter, "How to Rebuild the World," Chang offers a vision of how we can shape capitalism to humane ends, instead of becoming slaves of the market.Ha-Joon Chang teaches in the Faculty of Economics at the University of Cambridge. His books include the bestselling Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism. His Kicking Away the Ladder received the 2003 Myrdal Prize, and, in 2005, Chang was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought.

Havel


Michael Žantovský - 2014
    His pivotal role in the Velvet Revolution, the end of Communism and the birth of a modern, west-facing Czech Republic makes him a key figure of the twentieth century. He was a character of great contradictions, a courageous visionary who put his life at risk, a leader who inspired great loyalty; yet a man wracked with doubt, self-criticism, depression and despair. Above all he was an intellectual and artist, always true to himself, someone who never lost a profound sense of the absurd.Michael Zantovsky was one of Havel's closest friends. They met as dissidents under Communism, and when a frail Havel was released from prison in May 1989 just months before the Velvet Revolution it was Zantovsky who carried his bag for him; during Havel's first presidency Zantovsky was his press secretary, speech writer and translator, and their friendship endured until Havel's death in 2011. He is therefore uniquely placed as Havel's biographer; a rare witness to this most extraordinary life.

From Third World to First: The Singapore Story: 1965-2000


Lee Kuan Yew - 2000
    How is it, then, that today the former British colonial trading post is a thriving Asian metropolis with not only the world's number one airline, best airport, and busiest port of trade, but also the world's fourth–highest per capita real income?The story of that transformation is told here by Singapore's charismatic, controversial founding father, Lee Kuan Yew. Rising from a legacy of divisive colonialism, the devastation of the Second World War, and general poverty and disorder following the withdrawal of foreign forces, Singapore now is hailed as a city of the future. This miraculous history is dramatically recounted by the man who not only lived through it all but who fearlessly forged ahead and brought about most of these changes.Delving deep into his own meticulous notes, as well as previously unpublished government papers and official records, Lee details the extraordinary efforts it took for an island city–state in Southeast Asia to survive at that time.Lee explains how he and his cabinet colleagues finished off the communist threat to the fledgling state's security and began the arduous process of nation building: forging basic infrastructural roads through a land that still consisted primarily of swamps, creating an army from a hitherto racially and ideologically divided population, stamping out the last vestiges of colonial–era corruption, providing mass public housing, and establishing a national airline and airport.In this illuminating account, Lee writes frankly about his trenchant approach to political opponents and his often unorthodox views on human rights, democracy, and inherited intelligence, aiming always "to be correct, not politically correct." Nothing in Singapore escaped his watchful eye: whether choosing shrubs for the greening of the country, restoring the romance of the historic Raffles Hotel, or openly, unabashedly persuading young men to marry women as well educated as themselves. Today's safe, tidy Singapore bears Lee's unmistakable stamp, for which he is unapologetic: "If this is a nanny state, I am proud to have fostered one."Though Lee's domestic canvas in Singapore was small, his vigor and talent assured him a larger place in world affairs. With inimitable style, he brings history to life with cogent analyses of some of the greatest strategic issues of recent times and reveals how, over the years, he navigated the shifting tides of relations among America, China, and Taiwan, acting as confidant, sounding board, and messenger for them. He also includes candid, sometimes acerbic pen portraits of his political peers, including the indomitable Margaret Thatcher and Ronald Reagan, the poetry–spouting Jiang Zemin, and ideologues George Bush and Deng Xiaoping.Lee also lifts the veil on his family life and writes tenderly of his wife and stalwart partner, Kwa Geok Choo, and of their pride in their three children –– particularly the eldest son, Hsien Loong, who is now Singapore's deputy prime minister.For more than three decades, Lee Kuan Yew has been praised and vilified in equal measure, and he has established himself as a force impossible to ignore in Asian and international politics. From Third World to First offers readers a compelling glimpse into this visionary's heart, soul, and mind.

The Myth of the Robber Barons: A New Look at the Rise of Big Business in America


Burton W. Folsom Jr. - 1991
    The entrepreneurs studied are Cornelius Vanderbilt, John D. Rockefeller, James J. Hill, Andrew Mellon, Charles Schwab, and the Scranton family. Most historians argue that these men, and others like them, were Robber Barons. The story, however, is more complicated. The author, Burton Folsom, divides the entrepreneurs into two groups market entrepreneurs and political entrepreneurs. The market entrepreneurs, such as Hill, Vanderbilt, and Rockefeller, succeeded by producing a quality product at a competitive price. The political entrepreneurs such as Edward Collins in steamships and in railroads the leaders of the Union Pacific Railroad were men who used the power of government to succeed. They tried to gain subsidies, or in some way use government to stop competitors. The market entrepreneurs helped lead to the rise of the U. S. as a major economic power. By 1910, the U. S. dominated the world in oil, steel, and railroads led by Rockefeller, Schwab (and Carnegie), and Hill. The political entrepreneurs, by contrast, were a drain on the taxpayers and a thorn in the side of the market entrepreneurs. Interestingly, the political entrepreneurs often failed without help from government they could not produce competitive products. The author describes this clash of the market entrepreneurs and the political entrepreneurs. In the Mellon chapter, the author describes how Andrew Mellon an entrepreneur in oil and aluminum became Secretary of Treasury under Coolidge. In office, Mellon was the first American to practice supply-side economics. He supported cuts on income tax rates for all groups. The rate cut on the wealthiest Americans, from 73 percent to 25 percent, freed up investment capital and led to American economic growth during the 1920s. Also, the amount of revenue into the federal treasury increased sharply after tax rates were cut. The Myth of the Robber Barons has separate chapters on Vanderbilt, Hill, Schwab, Mellon, and the Scrantons. The author also has a conclusion, in which he looks at the textbook bias on the subject of Robber Barons and the rise of the U. S. in the late 1800s. This chapter explores three leading college texts in U. S. history and shows how they misread American history and disparage market entrepreneurs instead of the political entrepreneurs. This book is in its fifth edition, and is widely adopted in college and high school classrooms across the U. S.