2 results for "Economics"

Before the fall: an inside view of the pre-Watergate White House

Safire, William
William Safire was a speechwriter for Richard Nixon from 1968 to 1973. During that time, as a Washington insider, Safire was able to observe the thirty-seventh president in his entirety: as noble and mean-spirited; as good and bad; as a man desirous of greatness. Rarely has there been a White House memoir more intimate or revealing in its exploration of the great events that took place "before the fall" of Watergate. In this anecdotal history, Nixon and his associates come alive, not as caricatures, but as men with high and low purpose: Henry Kissinger, William Rogers, H. R. (Bob) Haldeman, John Ehrlichman, Charles Colson, and Arthur Burns struggle not just for power, but for ideals. As William Safire says in his Prologue: "In this memoir, which is neither a biography of [Nixon] nor an autobiography of me nor a narrative history of our times, there is an attempt to figure out what was good and bad about him, what he was trying to do and how well he succeeded, how he used and affected some of the people around him, and an effort not to lose sight of all that went right in examining what went wrong." The book is divided into ten sections, in which run three main themes: the President, the Partisan, and the Person. As a president, Safire discusses Nixon and the Vietnam War, foreign policy, economics, and race relations. As a partisan, he discusses Nixon's attempt to form an alignment across party lines, successful in many respects before the president tolerated the excesses that eventually corrupted his administration. And as a person, Safire finds that Nixon was a mixture of Woodrow Wilson, Machiavelli, Theodore Roosevelt, and Shakespeare's Cassius--an idealistic conniver evoking the strenuous life while he thinks too much. This paperback edition of a classic primary source for historians includes a new introduction by its author. Studded with direct quotations that put the reader in the room where history was being made, Before the Fall is a realistic, shades-of-gray study of the Nixon years. William Safire joined the New York Times in 1973 as a political columnist, where he also writes a Sunday column, "On Language," about grammar, usage, and etymology. The author of several books including Freedom , Full Disclosure , and Scandalmonger , he is the winner of the 1978 Pulitzer Prize for distinguished commentary and served nine years as a member of the Pulitzer Board.
Transaction Publishers 2005 704 pages

Inside the Nixon administration: the secret diary of Arthur Burns, 1969-1974

Burns, Arthur F.
As chairman of the Federal Reserve Board in the seventies, Arthur Burns had a unique view of the Nixon administration. Burns first joined the Nixon administration as an advisor in 1969 and was privy to the dynamics of the president's coterie over the course of six tumultuous years. Now the recently released secret diary of this top-level economist offers a surprisingly candid inside look at Richard Nixon's fall. The diary tracks Burns's growing awareness of Nixon's behind-the-scenes maneuverings and worrisome behavior (such as "insane shouting") and reveals how such things undermined his respect and enthusiasm for the president. Perhaps even more telling, Burns's evaluations of his colleagues provide piercing insights into the president's inner circle, including Henry Kissinger ("a brilliant political analyst, but admittedly ignorant of economics"), George Schultz ("a no less confused amateur economist"), John Connally ("a thoroughly confused politician"), and the "vulgarians" H. R. Haldeman and John Ehrlichman-the only people he thought Nixon felt relaxed around. The Burns diary also offers rare and telling glimpses into the era's economy--particularly an account of how Nixon exerted political pressure to shape monetary policies that helped to fuel the stagflation of the 1970s. The administration sought to close the so-called gold window, an approximate valuation of dollars with gold bullion, by floating the dollar, and the consensus over many years has been that Nixon himself arranged this-speculation now confirmed by Burns's diary. It also underscores the growing pressure Burns felt to serve the needs of Nixon's reelection bid rather than the economic welfare of the nation. Sequestered for decades and unavailable until 2008, this document reveals an honest and relatively apolitical man surrounded by partisans in top administrative positions who were dishonest, inept-or both. "The President has many shortcomings," wrote Burns. "He has few convictions, but now and then he gets into a euphoric mood where he wants to persuade himself that he's a statesman. But his sycophantic advisers cannot even recognize that." Deftly annotated by distinguished historian Robert Ferrell, who provides effective historical context and perspective, the Burns diary is a potent-and poignant-testament to the Machiavellian and often Byzantine world of American presidential politics.
University Press of Kansas 2010-10-28 140 pages