9 results for "Economic History"

Showdown: the inside story of how Obama fought back against Boehner, Cantor, and the Tea Party

Corn, David
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.
William Morrow 2012-03-20 420 pages

The conscience of a liberal

Krugman, Paul R.
Today's most widely read economist challenges America to reclaim the values that made it great. Here he studies the past eighty years of American history, from the reforms that tamed the harsh inequality of the Gilded Age to the unraveling of that achievement and the reemergence of immense economic and political inequality since the 1970s. Seeking to understand both what happened to middle-class America and what it will take to achieve a "new New Deal," Krugman has woven together a nuanced account of three generations of history with sharp political, social, and economic analysis. This book, written with Krugman's trademark ability to explain complex issues simply, may transform the debate about American social policy.--From publisher description.
W.W. Norton & Co 2009-01 296 pages

Great Society A New History

Amity Shlaes
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.
HarperCollins Publishers 2020-11-24 528 pages

Can American capitalism survive? why greed is not good, opportunity is not equal, and fairness won't make us poor

Pearlstein, Steven
Pulitzer Prize-winning economics journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. Thirty years ago, 'greed is good' and 'maximizing shareholder value' became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Can American Capitalism Survive', Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term ; Thirty years ago, 'greed is good' and 'maximizing shareholder value' became the new mantras woven into the fabric of our business culture, economy, and politics. Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. He challenges the theories being taught in business schools and in boardrooms, believing that we're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. -- adapted from jacket
St. Martin's Press 2018 244 pages

Bootstrapped Liberating Ourselves from the American Dream

Alissa Quart
An unsparing, incisive, yet ultimately hopeful look at how we can shed the American obsession with self-reliance that has made us less healthy, less secure, and less fulfilled The promise that you can "pull yourself up by your bootstraps" is central to the story of the American Dream. It's the belief that if you work hard and rely on your own resources, you will eventually succeed. However, time and again we have seen how this foundational myth, with its emphasis on individual determination, brittle self-sufficiency, and personal accomplishment, does not help us. Instead, as income inequality rises around us, we are left with shame and self-blame for our condition. Acclaimed journalist Alissa Quart argues that at the heart of our suffering is a do-it-yourself ethos, the misplaced belief in our own independence and the conviction that we must rely on ourselves alone. Looking at a range of delusions and half solutions--from "grit" to the false Horatio Alger story to the rise of GoFundMe--Quart reveals how we have been steered away from robust social programs that would address the root causes of our problems. Meanwhile, the responsibility for survival has been shifted onto the backs of ordinary people, burdening generations with debt instead of providing the social safety net we so desperately need. Insightful, sharply argued, and characterized by Quart's lively writing and deep reporting, and for fans of Evicted and Nickel and Dimed, Bootstrapped is a powerful examination of what ails us at a societal level and a plan for how we can free ourselves from these self-defeating narratives.
HarperCollins Publishers 2024-04-09 288 pages

Promises kept: John F. Kennedy's new frontier

Bernstein, Irving
A counter-revisionist examination of JFK and his administration, Promises Kept presents a policy history of major domestic legislative efforts between 1961 and 1963. Bernstein focuses on administraive and congressional progress under Kennedy in civil rights, education, taxes, unemployment, Medicare, and the Peace Corps. He persuasively argues that Kennedy was indeed a successful president, showing that many of JFK's campaign promises were well on their way to enactment by the time of his assassination, even after two years of dealings with a balky and often hostile Congress, and the difficulty of working in a political system changing from conservative to liberal.
Oxford University Press 1991 342 pages

Trust: how we lost it and how to get it back

Seldon, Anthony
"The updated edition of the bestselling title, Trust is the first serious response to the era of post-financial and political meltdown, Dr. Anthony Seldon lays out a blueprint for regaining trust within the national life. In part a wide-ranging meditation on notions of trust and responsibility in civic society, Trust is a powerful and important analysis of ten essential areas where trust in national life has broken down. Using examples from throughout the world and from history, it offers ten solutions for a better, more positive future."--Publisher description.
Biteback 2009 256 pages

Pay the Rent Or Feed the Kids The Tragedy and Disgrace of Poverty in Canada

Mel Hurtig
Canadian politicians have, from time to time, proclaimed a war against poverty. What they are really prosecuting, however, is a war against the poor. Unemployment benefits are routinely denied to people who, over the course of a lifetime, have contributed a portion of their earnings to UI (now called EI). Welfare rolls have been slashed by provincial governments. The downloading of government services combined with tax cuts that benefit the rich have resulted in the reduction or elimination of countless programs, from hot lunches in the schools to subsidized housing. Politicians and bureaucrats have responded by inventing new definitions of poverty but people without food remain just as hungry as before and people without shelter are still without homes. At no time since the Great Depression has the gap between rich and poor been so wide and the outlook for poor people been so grim. Hard-hitting and outspoken, Hurtig builds a compelling portrait of Canadian society under the rule of the "neo-Neanderthals." He puts together the latest and most reliable statistics with stories told by people on the front lines of the poverty wars. Many of these stories are as heart-rending as the comments from politicians and their corporate supporters are callous. Pay the Rent or Feed the Kids challenges all Canadians to re-examine the society we are living in and to demand changes for the better.
McClelland & Stewart 2000-09-15 357 pages