Revealing a history of mysterious deaths, shady characters, and moral and political tensions, exposes the inner workings of the Catholic Church to trace how the Vatican evolved from an institution of faith into an extremely wealthy corporate power. --Publisher's description.

"For anyone interested in the world behind the business-page headlines, this is the book to read." --Publishers Weekly With the same breadth of vision and narrative élan he brought to his monumental biographies of the great financiers, Ron Chernow examines the forces that made dynasties like the Morgans, the Warburgs, and the Rothschilds the financial arbiters of the early twentieth century and then rendered them virtually obsolete by the century's end. As he traces the shifting balance of power among investors, borrowers, and bankers, Chernow evokes both the grand theater of capital and the personal dramas of its most fascinating protagonists. Here is Siegmund Warburg, who dropped a client in the heat of a takeover deal because the man wore monogrammed shirt cuffs, as well as the imperious J. P. Morgan, who, when faced with a federal antitrust suit, admonished Theodore Roosevelt to "send your man to my man and they can fix it up." And here are the men who usurped their power, from the go-getters of the 1920s to the masters of the universe of the 1980s. Glittering with perception and anecdote, The Death of the Banker is at once a panorama of twentieth-century finance and a guide to the new era of giant mutual funds on Wall Street. "Chernow . . . delivers a sound, accessible account of the forces shaping capital, credit, currency, and securities markets on the eve of a new millennium. " --Kirkus Reviews

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.

National Book Award winner Ron Chernow expertly traces the decline of the big bankers and the rise of small investors. The reader is taken on a fascinating tour of Anglo-American high finance over the past two centuries, with detours into Canadian, German and Japanese finance. As the point of departure for his colourful, panoramic survey, Mr. Chernow poses a historic riddle: Why did the great financial dynasties - the Rothschilds, Barings, Morgans and Warburgs - flare so brilliantly in the 19th and 20th centuries and then enter into a precipitous decline? Why did such heavyweights give way to more anonymous financial conglomerates? And, most curious of all, why have small investors, banded together in mutual funds, suddenly inherited the financial earth? The Death of the Banker shows how American reformers mounted a spirited campaign to pry captive companies loose from their traditional bankers and restored competition to financial markets. In a world criss-crossed by capital flows, the banker will never again exercise such spectacular but arbitrary rule over clients.

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard--breaking the link between gold and the dollar--transforming the entire global monetary system. Over the course of three days--from August 13 to 15, 1971--at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen. In making his decision, Nixon shocked world leaders, bankers, investors, traders and everyone involved in global finance. Jeffrey E. Garten argues that many of the roots of America's dramatic retrenchment in world affairs began with that momentous event that was an admission that America could no longer afford to uphold the global monetary system. It opened the way for massive market instability and speculation that has plagued the world economy ever since, but at the same time it made possible the gigantic expansion of trade and investment across borders which created our modern era of once unimaginable progress. Based on extensive historical research and interviews with several participants at Camp David, and informed by Garten's own insights from positions in four presidential administrations and on Wall Street, Three Days at Camp David chronicles this critical turning point, analyzes its impact on the American economy and world markets, and explores its ramifications now and for the future.

"The extraordinary story of the Nazi-era scientific genius who discovered how cancer cells eat-and what it means for how we should. The Nobel laureate Otto Warburg-a cousin of the famous finance Warburgs-was widely regarded in his day as one of the most important biochemists of the twentieth century, a man whose research was integral to humanity's understanding of cancer. He was also among the most despised figures in Nazi Germany. As a Jewish homosexual living openly with his male partner, Warburg represented all that the Third Reich abhorred. Yet Hitler and his top advisors dreaded cancer, and protected Warburg in the hope that he could cure it"--

With his classics of social commentary "The Geography of Nowhere and "Home from Nowhere, James Howard Kunstler has established himself as one of the great commentators on American space and place. Now, with "The Long Emergency, he offers a shocking vision of a post-oil future. The last two hundred years have seen the greatest explosion of progress and wealth in the history of mankind. But the oil age is at an end. The depletion of nonrenewable fossil fuels is about to radically change life as we know it, and much sooner than we think. As a result of artificially cheap fossil-fuel energy we have developed global models of industry, commerce, food production, and finance that will collapse. "The Long Emergency tells us just what to expect after we pass the tipping point of global peak oil production and the honeymoon of affordable energy is over, preparing us for economic, political, and social changes of an unimaginable scale. Are we laboring under a Jiminy Cricket syndrome when we tell ourselves that alternative means of energy are just a few years away? Even once they are developed, will they ever be able to sustain us in the way that fossil fuels once did? What will happen when our current plagues of global warming, epidemic disease, and overpopulation collide to exacerbate the end of the oil age? Will the new global economy be able to persevere, or will we be forced to revert to the more agrarian, localized economy we once knew? Could corporations like Wal-Mart and McDonald's, built on the premise of cheap transportation, become a thing of the past? Will the misguided experiment of suburbia--considered a birthright and a reality by millions of Americans--collapse when the car culturebecomes obsolete? Riveting and authoritative. "The Long Emergency is a devastating indictment that brings new urgency and accessibility to the critical issues that will shape our future, and that we can no longer afford to ignore. It is bound to become a classic of social science.

Originally published in Belgrade in 1969 and never before translated into English, Early Sorrows is a stunning group of linked stories that memorialize Danilo Kis's childhood. Kis, a writer of incomparable originality and eloquence, famous for his books The Encyclopedia of the Dead, Hourglass, and A Tomb for Boris Davidovich, was born in 1935 in Subotica, Yugoslavia, near the Hungarian border. "Back and forth over this land, during Danilo Kis's childhood, armies and ideologies washed with the brutal regularity of surf," William Gass noted in The New York Review of Books. "As a small boy and a Jew, in such circumstances, he was naturally surrounded by death and lies." All of the works of Danilo Kis show the crucial importance of his childhood experiences, but it is Early Sorrows that goes to the wellspring of his first bereavements. The twenty pieces that make up Early Sorrows strike various tones--from dreamy pastorals to exercises in horror. Kis's ingenuity, lyricism, and tonal subtlety are caught in all their luster by Michael Henry Heim. Early Sorrows centers on Andreas Sam, a highly intelligent boy whose life at first seems secure. His mother and sister dote on him; he excels at school; when he is hired out as a cowherd to help with the family's finances, he reads the day away in the company of his best friend, the dog. He can only sense that terrible things may be going on in the world. Soon soldiers are marching down the road, and then one day, many people from the village are herded together and taken away, among them, his father, the dreamer.

Review “Leo Panitch and Colin Leys have written a book whose significance extends far beyond the specific case of the British Labour Party.”—Critical Sociology “... a brilliant refutation of New Labour’s version of history. With an impressive range of evidence, careful analysis and a theoretical framework, [Panitch and Leys] have provided a highly readable and committed book ... recommended for everyone who really wants to understand the politics and recent history of the Labour Party.”—Contemporary Politics “... a rich and immensely enjoyable narrative, full of detail about the trajectory taken by Labour over the last quarter-century.”—Times Literary Supplement Product Description This trenchant account of the last twenty-five years of the British Labour Party argues that Tony Blair’s modernizing tendency was profoundly mistaken in asserting that the only alternative to traditional social democracy and narrow parliamentarianism was an acceptance of neo-liberalism. In blaming the Labour left, rather than the social-democratic right for the party’s years in the electoral wilderness, the modernizers rejected the creativity and energy which the party’s New Left had mobilized, and without which their own professed aim of democratic renewal was unlikely to be realized. About the Author Colin Leys is Emeritus Professor of Political Studies at Queen’s University, Canada. His previous books include Politics in Britain, The Rise and Fall of Development Theory and, with Leo Panitch, The End of Parliamentary Socialism. Leo Panitch is Canada Research Chair in Comparative Political Economy and Distinguished Research Professor of Political Science at York University. Editor of The Socialist Register for 25 years, his many books include Working Class Politics in Crisis, A Different Kind of State, The End of Parliamentary Socialism, and American Empire and The Political Economy of Global Finance.

This book presents a comprehensive study of the most famous and spectacular instance of inflation in modern industrial society--that in Germany during and following World War I. A broad, probing narrative, this book studies inflation as a strategy of social pacification and economic reconstruction and as a mechanism for escaping domestic and international indebtedness. The Great Disorder is a study of German society under the tension of inflation and hyperinflation, and it explores the ways in which Germany's hyperinflation and stabilization were linked to the Great Depression and the rise of National Socialism. This wide-ranging study sets German inflation within the broader issues of maintaining economic stability, social peace, and democracy and thus contributes to the general history of the twentieth century and has important implications for existing and emerging market economies facing the temptation or reality of inflation.

This important study introduces the conceptual premise that families, like firms, analyze their circumstances, make decisions, and pursue courses of action on the basis of what they perceive to be the most efficient methods for producing and reproducing survival. Combining this premise with an extraordinary assemblage of facts gleaned over the period of a decade from the streets, markets and homes of Port-au-Prince, the author weaves a tapestry of despair and hope which only an unusual degree of intimacy with the details of everyday life in the city could provide. The result is a considerable deepening of understanding about the politics and economics by which family members earn their livelihoods, distribute resources within and between households, produce life and labor from food and water, provide shelter and schooling for themselves, and borrow money to finance these and other activities.These different dimensions of daily existence form a web of interdependency in which change in any one dimension causes change in all the others. As Professor Pass's work demonstrates, research and development assistance practices of public and private organizations, in such areas as employment, health, housing, education and credit are often irrelevant. This is because they are necessarily guided by prevailing concepts and theories with respect to the circumstances of the urban poor, which sometimes do the poor considerable disservice.With the additional insight provided by a decade of participation in the design of policies, programs and projects serving as a tempering influence, the author does not leap to easy criticism of prevailing views and practices. He notes that ideas and interventions change in response to new understanding, sometimes in ways that the producers of such understanding could never have imagined. The problem is that change is painfully slow, and in desperately poor countries like Haiti, waiting for change exacts an almost intolerable pric

Few figures of interwar Germany were as influential as Leopold Schwarzschild, the brilliant editor of the liberal magazine 'Das Tage-Buch'. In the uncertain years of the Weimar Republic, Schwarzschild became famous for his perceptive political analyses and critique of the economic policies of successive governments in the twilight of Germany's first experiment with democracy. When he was forced to emigrate in 1933, following Hitler's rise to power, he pursued his analysis of developments in Germany from Paris, where he resumed publication of his journal under the new name 'Das Neue Tage-Buch', while also mounting a furious attack on the European powers taken by surprise by the Nazi ascendancy. 'One thing is already beyond question today...', he wrote in the spring of 1933, '...part of the new era is an unremitting descent into some kind of military conflagration'. Winston Churchill, a great admirer of Schwarzschild, made one of his later books required reading for the War Cabinet, yet his campaigning journalism has never before appeared in English. In bringing his writings to an English-speaking readership, Chronicle of a Downfall will restore Leopold Schwarzschild to his rightful place as one of the most poignant chroniclers of the fall of German democracy and the descent of Europe into World War II.