"Renowned economist Nouriel Roubini was nicknamed "Dr. Doom," until his prediction of the 2008 housing crisis and Great Recession came true--when it was too late. Now he is back with a much scarier prediction, one that we ignore at our peril. There are no fewer than ten overlapping, interconnected threats that are so serious, he calls them Megathreats. From the worst debt crisis the world has ever seen, to governments pumping out too much money, to borders that are blocked to workers and to many shipments of goods, to the rise of a new superpower competition between China and the U.S., to climate change that strikes directly at our most populated cities, we are facing not one, not two, but ten causes of disaster. There is a slight chance we can avoid them, if we come to our senses--but we must act now." --

Like other great figures of 20th-century American politics, Lyndon Johnson defies easy understanding. An unrivaled master of vote swapping, back room deals, and election-day skulduggery, he was nevertheless an outspoken New Dealer with a genuine commitment to the poor and the underprivileged. And he was also a representative figure. Johnson's career speaks volumes about American politics, foreign policy, and business in the forty years after 1930. As Charles de Gaulle said when he came to JFK's funeral: Kennedy was America's mask, but this man Johnson is the country's real face.In Lone Star Rising, Robert Dallek, winner of the prestigious Bancroft Prize for his study of Franklin D. Roosevelt, turns to this fascinating "sinner and saint" to offer a brilliant, definitive portrait of a great American politician. Based on seven years of research in over 450 manuscript collections and oral histories, as well as numerous personal interviews, this first book in a two-volume biography follows Johnson's life from his childhood to his election as vice-president under Kennedy. We see Johnson, the twenty-three-year-old aide to a pampered millionaire Representative, become a de facto Congressman, and at age twenty-eight the country's best state director of the National Youth Administration. We see Johnson, the "human dynamo," first in the House and then in the Senate, whirl his way through sixteen- and eighteen-hour days, talking, urging, demanding, reaching for influence and power, in an uncommonly successful congressional career.Dallek pays full due to Johnson's failings--his obsession with being top dog, his willingness to cut corners, and worse, to get there--but he also illuminates Johnson's sheer brilliance as a politician, the high regard in which key members of the New Deal, including FDR, held him, and his genuine concern for minorities and the downtrodden.No president in American history is currently less admired than Lyndon Johnson. Bitter memories of Vietnam have sent Johnson's reputation into free fall, and recent biographies have painted him as a scoundrel who did more harm than good. Lone Star Rising attempts to strike a balance. It does not neglect the tawdry side of Johnson's political career, including much that is revealed for the first time. But it also reminds us that Lyndon Johnson was a man of exceptional vision, who from early in his career worked to bring the South into the mainstream of American economic and political life, to give the disadvantaged a decent chance, and to end racial segregation for the well-being of the nation.

"Capitalism Hits the Fan differs sharply from most other explanations offered by politicians, media commentators, and academics. Step by step, Professor Wolff shows that deep economic structures - the relationship of wages to profits, of workers to boards of directors, and of debts to income - account for the crisis. Government bailout interventions have thrown too little money too late at a problem that requires more than money to solve. As this book shows, we must now ask basic questions about capitalism as a system that has now convulsed the world economy into two great depressions in 75 years (and countless lesser crises, recessions, and cycles in between). The book's essays engage the long-overdue public discussion about basic structural changes and systemic alternatives needed not only to fix today's broken economy but to prevent future crises." --Book Jacket.

The incredible true account of Kamila Sidiqi who, when her father and brother were forced to flee Kabul, became the sole breadwinner for her five siblings. Armed only with grit and determination, she picked up a needle and thread and created a thriving business of her own and held her family together.

In his acclaimed bestselling book, Bowling Alone: The Collapse and Revival of American Community , Robert Putnam described a thirty-year decline in America's social institutions. The book ended with the hope that new forms of social connection might be invented in order to revive our communities. In Better Together , Putnam and longtime civic activist Lewis Feldstein describe some of the diverse locations and most compelling ways in which civic renewal is taking place today. In response to civic crises and local problems, they say, hardworking, committed people are reweaving the social fabric all across America, often in innovative ways that may turn out to be appropriate for the twenty-first century. Better Together is a book of stories about people who are building communities to solve specific problems. The examples Putnam and Feldstein describe span the country from big cities such as Philadelphia, San Francisco, and Chicago to the Los Angeles suburbs, small Mississippi and Wisconsin towns, and quiet rural areas. The projects range from the strictly local to that of the men and women of UPS, who cover the nation. Bowling Alone looked at America from a broad and general perspective. Better Together takes us into Catherine Flannery's Roxbury, Massachusetts, living room, a UPS loading dock in Greensboro, North Carolina, a Philadelphia classroom, the Portsmouth, New Hampshire, naval shipyard, and a Bay Area Web site. We meet activists driven by their visions, each of whom has chosen to succeed by building community: Mexican Americans in the Rio Grande Valley who want paved roads, running water, and decent schools; Harvard University clerical workers searching for respect and improved working conditions; Waupun, Wisconsin, schoolchildren organizing to improve safety at a local railroad crossing; and merchants in Tupelo, Mississippi, joining with farmers to improve their economic status. As the stories in Better Together demonstrate, bringing people together by building on personal relationships remains one of the most effective strategies to enhance America's social health.

From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. Shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year Award From even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more. 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.

The veteran political journalist and New York Times bestselling author goes behind the scenes at the White House to recount the dramatic tale of a pivotal period in the Obama presidency, from the game-changing 2010 midterm elections to the beginning of the critical 2012 campaign season—a tumultuous time that tested the president as never before and set the stage for a titanic clash over the future of the nation After Barack Obama's first two years as president—during which he navigated the United States through its severest economic crisis since the Great Depression while managing wars in Afghanistan and Iraq—he was faced with a bitterly divided nation and an emboldened political opposition dedicated to impeding his presidency. What followed was a year of political crises and fierce battles that would transform Obama and profoundly shape the terrain for the next election. In Showdown , astute political journalist David Corn chronicles and examines this crucial time in the Obama presidency and its impact on the nation's future. Drawing on interviews with White House officials, Obama's inner circle, members of Congress, and others, Corn takes the reader into the Oval Office and the back rooms on Capitol Hill for a fast-paced and gripping account of the major events as they unfolded: the controversial tax-cut deal with Congress in December 2010; the repeal of Don't Ask/Don't Tell; the passage of the New START treaty; the near shutdown of the government in early 2011; the revolutionary Arab spring; the killing of Osama bin Laden; the intense, high-wire debt-ceiling negotiations (in which intransigent House Republicans risked the nation's financial standing); House Speaker John Boehner's erratic maneuvers during the rise and fall of the grand bargain; and the face-off between Obama and congressional Republicans over how best to create jobs. Corn captures the dilemmas faced by a president assailed by disappointed progressives and defiantly obstructionist Republicans determined to see his defeat. Here is a chief executive trying to balance the cross-cutting demands of governance and politics while handling unending challenges at home and abroad. The book reveals a thoughtful leader with a cool head who is unafraid to take risks and make tough choices, a steely battler who successfully turned his enemies' obstinacy to his advantage. Obama has often frustrated supporters, but Corn shows how the president, who often puts pragmatism ahead of partisan demands, has craftily operated within a hostile conservative political climate, looking to win the long game, achieve progressive goals, and, ultimately, win reelection. A vivid and powerful account of White House decision-making, Showdown offers a unique and enlightening look at the turbulent American political scene during one of the most consequential moments of the nation's history, and explains the fascinating and complicated leader at the heart of this vortex.

It's difficult today to imagine how America survived the Great Depression--only through the stories of the common people who struggled during that era can we really understand it. These people are at the heart of this reinterpretation of one of the most crucial events of the twentieth century. Author Shlaes presents the neglected and moving stories of individual Americans, and shows how through brave leadership they helped establish the steadfast character we developed as a nation. Shlaes also traces the mounting agony of the New Dealers themselves as they discovered their errors. She shows how both 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. The real question about the Depression, she argues, is not whether Roosevelt ended it--it is why it lasted so long.--From publisher description.

Looks at the social, economic, and political forces that shaped the South after the Civil War.

The Crisis of the Old Order, 1919-1933, volume one of Pulitzer Prize-winning historian and biographer Arthur M. Schlesinger, Jr.'s Age of Roosevelt series, is the first of three books that interpret the political, economic, social, and intellectual history of the early twentieth century in terms of Franklin D. Roosevelt, the spokesman and symbol of the period. Portraying the United States from the Great War to the Great Depression, The Crisis of the Old Order covers the Jazz Age and the rise and fall of the cult of business. For a season, prosperity seemed permanent, but the illusion came to an end when Wall Street crashed in October 1929. Public trust in the wisdom of business leadership crashed too. With a dramatist's eye for vivid detail and a scholar's respect for accuracy, Schlesinger brings to life the era that gave rise to FDR and his New Deal and changed the public face of the United States forever.

"Why do democracies keep lurching from success to failure? The current financial crisis is just the latest example of how things continue to go wrong, just when it looked like they were going right. In this wide-ranging, original, and compelling book, David Runciman tells the story of modern democracy through the history of moments of crisis, from the First World War to the economic crash of 2008. A global history with a special focus on the United States, The Confidence Trap examines how democracy survived threats ranging from the Great Depression to the Cuban missile crisis, and from Watergate to the collapse of Lehman Brothers. It also looks at the confusion and uncertainty created by unexpected victories, from the defeat of German autocracy in 1918 to the defeat of communism in 1989. Throughout, the book pays close attention to the politicians and thinkers who grappled with these crises: from Woodrow Wilson, Nehru, and Adenauer to Fukuyama and Obama.The Confidence Trap shows that democracies are good at recovering from emergencies but bad at avoiding them. The lesson democracies tend to learn from their mistakes is that they can survive them--and that no crisis is as bad as it seems. Breeding complacency rather than wisdom, crises lead to the dangerous belief that democracies can muddle through anything--a confidence trap that may lead to a crisis that is just too big to escape, if it hasn't already."--

From “one of America’s smartest political writers” (Glenn Beck) comes a fascinating and accessible history of the United States’ unique and enduring relationship with guns, for fans of Chris Kyle’s American Gun . For America, the gun is a story of innovation, power, violence, character, and freedom. From the founding of the nation to the pioneering of the West, from the freeing of the slaves to the urbanization of the twentieth century, our country has had a complex and lasting relationship with firearms. Now, in First Freedom , nationally syndicated columnist and veteran writer David Harsanyi explores the ways in which firearms have helped preserve our religious, economic, and cultural institutions for over two centuries. From Samuel Colt’s early entrepreneurism to the successful firearms technology that helped make the United States a superpower, the gun is inextricably tied to our exceptional rise. In the vein of popular histories like Salt and Seabiscuit , Harsanyi takes you on a captivating and thrilling ride of Second Amendment history that demonstrates why guns are not only an integral part of America’s past, but also an essential part of its future.

"A vibrant, colorful, and revelatory inner history of China during a moment of profound transformation From abroad, we often see China as a caricature: a nation of pragmatic plutocrats and ruthlessly dedicated students destined to rule the global economy--or an addled Goliath, riddled with corruption and on the edge of stagnation. What we don't see is how both powerful and ordinary people are remaking their lives as their country dramatically changes. As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party's struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals--fluent in English and devoted to Western pop culture--consider themselves "angry youth," dedicated to resisting the West's influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth? Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail"--

In this important study, Abu-Lughod presents a groundbreaking reinterpretation of global economic evolution, arguing that the modern world economy had its roots not in the sixteenth century, as is widely supposed, but in the thirteenth century economy--a system far different from the European world system which emerged from it. Using the city as the working unit of analysis, Before European Hegemony provides a new paradigm for understanding the evolution of world systems by tracing the rise of a system that, at its peak in the opening decades of the 14th century, involved a vast region stretching between northwest Europe and China. Writing in a clear and lively style, Abu-Lughod explores the reasons for the eventual decay of this system and the rise of European hegemony.

National Bestseller * One of the year's most acclaimed works of nonfiction A BEST BOOK OF THE YEAR: New York Times, Washington Post, New Yorker, Chicago Tribune, Kirkus, New York Post, Fast Company From legendary historian Adam Hochschild, a "masterly" (New York Times) reassessment of the overlooked but startlingly resonant period between World War I and the Roaring Twenties, when the foundations of American democracy were threatened by war, pandemic, and violence fueled by battles over race, immigration, and the rights of labor The nation was on the brink. Mobs burned Black churches to the ground. Courts threw thousands of people into prison for opinions they voiced--in one notable case, only in private. Self-appointed vigilantes executed tens of thousands of citizens' arrests. Some seventy-five newspapers and magazines were banned from the mail and forced to close. When the government stepped in, it was often to fan the flames. This was America during and after the Great War: a brief but appalling era blighted by lynchings, censorship, and the sadistic, sometimes fatal abuse of conscientious objectors in military prisons--a time whose toxic currents of racism, nativism, red-baiting, and contempt for the rule of law then flowed directly through the intervening decades to poison our own. It was a tumultuous period defined by a diverse and colorful cast of characters, some of whom fueled the injustice while others fought against it: from the sphinxlike Woodrow Wilson, to the fiery antiwar advocates Kate Richards O'Hare and Emma Goldman, to labor champion Eugene Debs, to a little-known but ambitious bureaucrat named J. Edgar Hoover, and to an outspoken leftwing agitator--who was in fact Hoover's star undercover agent. It is a time that we have mostly forgotten about, until now. In American Midnight, award-winning historian Adam Hochschild brings alive the horrifying yet inspiring four years following the U.S. entry into the First World War, spotlighting forgotten repression while celebrating an unforgettable set of Americans who strove to fix their fractured country--and showing how their struggles still guide us today.

In 1976, Daniel Bell€™s historical work predicted a vastly different society developing—one that will rely on the “economics of information€ rather than the “economics of goods.€ Bell argued that the new society would not displace the older one but rather overlie some of the previous layers just as the industrial society did not completely eradicate the agrarian sectors of our society. The post-industrial society€™s dimensions would include the spread of a knowledge class, the change from goods to services and the role of women. All of these would be dependent on the expansion of services in the economic sector and an increasing dependence on science as the means of innovating and organizing technological change.Bell prophetically stated in The Coming of the Post-Industrial Society that we should expect “ new premises and new powers, new constraints and new questions—with the difference that these are now on a scale that had

Since the Second World War, the US dollar has been the world's sole international reserve currency, giving it, in the words of one critic, 'exorbitant privilege'. But in the wake of the worldwide financial crisis, will other currencies overtake it? And what impact would that have? Eichengreen explains the history and assesses what may come.

"There have been two global financial crises in the past century: the Great Depression of the 1930s and the Great Recession that began in 2008. Both featured loose credit, precarious real estate and stock market bubbles, suspicious banking practices, an inflexible monetary system, and global imbalances; both had devastating economic consequences. In both cases, people in the prosperous decade preceding the crash believed they were living in a post-volatility economy, one that had tamed the cycle of boom and bust. When the global financial system began to totter in 2008, policymakers were able to draw on the lessons of the Great Depression in order to prevent a repeat, but their response was still inadequate to prevent massive economic turmoil on a global scale. In Hall of Mirrors, renowned economist Barry Eichengreen provides the first book-length analysis of the two crises and their aftermaths. Weaving together the narratives of the 30s and recent years, he shows how fear of another Depression greatly informed the policy response after the Lehman Brothers collapse, with both positive and negative results. On the positive side, institutions took the opposite paths that they had during the Depression; government increased spending and cut taxes, and central banks reduced interest rates, flooded the market with liquidity, and coordinated international cooperation. This in large part prevented the bank failures, 25% unemployment rate, and other disasters that characterized the Great Depression. But they all too often hewed too closely and too literally to the lessons of the Depression, seeing it as a mirror rather than focusing on the core differences. Moreover, in their haste to differentiate themselves from their forbears, today's policymakers neglected the constructive but ultimately futile steps that the Federal Reserve took in the 1930s. While the rapidly constructed policies of late 2008 did succeed in staving off catastrophe in the years after, policymakers, institutions, and society as a whole were too eager to get back to normal, even when that meant stunting the recovery via harsh austerity policies and eschewing necessary long-term reforms. The result was a grindingly slow recovery in the US and a devastating recession in Europe. Hall of Mirrors is not only a monumental work of economic history, but an essential exploration of how we avoided making only some of the same mistakes twice--and why our partial remedy makes us highly susceptible to making other, equally important mistakes yet again"--

Consists of eight comparative studies drawn from history, archeology, economics, economic history, geography, and political science. The studies cover a spectrum of approaches, ranging from a non-quantitative narrative style in the early chapters to quantitative statistical analyses in the later chapters. The studies range from a simple two-way comparison of Haiti and the Dominican Republic, which share the island of Hispaniola, to comparisons of 81 Pacific islands and 233 areas of India. The societies discussed are contemporary ones, literate societies of recent centuries, and non-literate past societies. Geographically, they include the United States, Mexico, Brazil, western Europe, tropical Africa, India, Siberia, Australia, New Zealand, and other Pacific islands.

The New York Times bestselling author of The Forgotten Man and Coolidge offers a stunning revision of our last great period of idealism, the 1960s, with burning relevance for our contemporary challenges. "Great Society is accurate history that reads like a novel, covering the high hopes and catastrophic missteps of our well-meaning leaders." --Alan Greenspan Today, a battle rages in our country. Many Americans are attracted to socialism and economic redistribution while opponents of those ideas argue for purer capitalism. In the 1960s, Americans sought the same goals many seek now: an end to poverty, higher standards of living for the middle class, a better environment and more access to health care and education. Then, too, we debated socialism and capitalism, public sector reform versus private sector advancement. Time and again, whether under John F. Kennedy, Lyndon Johnson, or Richard Nixon, the country chose the public sector. Yet the targets of our idealism proved elusive. What's more, Johnson's and Nixon's programs shackled millions of families in permanent government dependence. Ironically, Shlaes argues, the costs of entitlement commitments made a half century ago preclude the very reforms that Americans will need in coming decades. In Great Society, Shlaes offers a powerful companion to her legendary history of the 1930s, The Forgotten Man, and shows that in fact there was scant difference between two presidents we consider opposites: Johnson and Nixon. Just as technocratic military planning by "the Best and the Brightest" made failure in Vietnam inevitable, so planning by a team of the domestic best and brightest guaranteed fiasco at home. At once history and biography, Great Society sketches moving portraits of the characters in this transformative period, from U.S. Presidents to the visionary UAW leader Walter Reuther, the founders of Intel, and Federal Reserve chairmen William McChesney Martin and Arthur Burns. Great Society casts new light on other figures too, from Ronald Reagan, then governor of California, to the socialist Michael Harrington and the protest movement leader Tom Hayden. Drawing on her classic economic expertise and deep historical knowledge, Shlaes upends the traditional narrative of the era, providing a damning indictment of the consequences of thoughtless idealism with striking relevance for today. Great Society captures a dramatic contest with lessons both dark and bright for our own time.