American Economics

Unassuming but formidable, American maritime insurers used their position at the pinnacle of global trade to shape the new nation. The international information they gathered and the capital they generated enabled them to play central roles in state building and economic development.

If business is so bad, why does it remain so integral to the basic functioning of America? Economist and best-selling author Tyler Cowen says our biggest problem is that we don’t love business enough. In Big Business, Cowen puts forth an impassioned defense of corporations and their essential role in a balanced, productive, and progressive society. He dismantles common misconceptions and untangles conflicting intuitions.

The twentieth century was the managerial century in the United States. An organizational transformation, from entrepreneurial to managerial capitalism, brought forth what became a dominant narrative: that administrative coordination by trained professional managers is essential to the efficient running of organizations both public and private. And yet if managerialism was the apotheosis of administrative efficiency, why did both its practice and the accompanying narrative lie in ruins by the end of the century?

In Crash Course, Ingrassia answers the big questions: Was Detroit's self-destruction inevitable? What were the key turning points? Why did Japanese automakers manage American workers better than the American companies themselves? Ingrassia also describes dysfunctional corporate cultures (even as GM's market share plunged, the company continued business as usual) and Detroit's perverse system of "inverse layoffs" (which allowed union members to invoke seniority to avoid work).

An “epic and intimate” (David M. Kennedy) portrait of four generations of the Morgenthau family, a dynasty of power brokers and public officials with an outsize—and previously unmapped—influence extending from daily life in New York City to the shaping of the American Century.

Segregation by Design draws on more than 100 years of quantitative and qualitative data from thousands of American cities to explore how local governments generate race and class segregation. Starting in the early 20th century, cities have used their power of land use control to determine the location and availability of housing, amenities (such as parks), and negative land uses (such as garbage dumps). The result has been segregation - first within cities and more recently between them.

Over the last two decades, America has been falling deeper and deeper into a statistical mystery: Poverty goes up. Crime goes down. The prison population doubles. Fraud by the rich wipes out 40 percent of the world’s wealth. The rich get massively richer. No one goes to jail. In search of a solution, journalist Matt Taibbi discovered the Divide, the seam in American life where our two most troubling trends—growing wealth inequality and mass incarceration—come together, driven by a dramatic shift in American citizenship: Our basic rights are now determined by our wealth or poverty.

A How To Guide To Banking Black is a simple treatise to the banking problems of Blacks in America. This short, but knowledgeable book, gives some history behind The Freedmen's Bureau, and the banking issues that started right after Lincoln Freed the slaves. Banking and Capitalism have always been an interesting conversation among blacks. This book goes into detail about why China's the new global superpower, Martin Luther King's belief on black economics, and how the power of bouncing your dollars can save the community, and so much more. Many people have spoken about how black owned banks ...

To understand the rise and fall of empires, we must follow the paths traveled by grain—along rivers, between ports, and across seas. In Oceans of Grain, historian Scott Reynolds Nelson reveals how the struggle to dominate these routes transformed the balance of world power. Following the US Civil War, tons of American wheat began to flood across the Atlantic, and food prices plummeted. This cheap foreign grain spurred the rise of Germany and Italy, the decline of the Habsburgs and the Ottomans, and the European scramble for empire.

Who invented supply-side economics - the idea that cutting tax rates can result in more growth, more prosperity at all income levels, and even more tax revenue flowing into the IRS? Most people would credit the economic team that advised Ronald Reagan in the late 1970s and early 1980s. But in fact supply-side economics came of age two decades earlier. And the first president who embraced it was one of the biggest icons of the Democratic Party - John F. Kennedy.

When Bloomberg News invited the young American journalist Alex Cuadros to report on Brazil's emerging class of billionaires at the height of the historic Brazilian boom, he was poised to cover two of the biggest business stories of our time: how the giants of the developing world were triumphantly taking their place at the center of global capitalism and how wealth inequality was changing societies everywhere.

The twelve-year period following the American civil war is referred to as “Reconstruction”. The term carries with it a lot of political and cultural baggage which is rarely understood outside of partisan criticism. All sides have legitimate claims to justice, morality, and historical accuracy. But until professor Dunning’s outstanding analysis, all discussion of the subject was focused on events in the former Confederate states. As Dunning was to demonstrate, Reconstruction was not just a regional political phenomenon…it extended to the entire nation.

The paradox of poverty amidst plenty has plagued the United States throughout the twenty-first century—why should the wealthiest country in the world also have the highest rates of poverty among the industrialized nations? Based on his decades-long research and scholarship, one of the nation's leading authorities provides the answer. In The Poverty Paradox, Mark Robert Rank develops his unique perspective for understanding this puzzle.

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.

Descended from families that created the United States, WASPs felt themselves stunted by a civilization that thwarted their higher aspirations at every turn. They were the original lost generation. Yet out of the neurotic ruins emerged a group of patriots devoted to public service and the renewal of society. In a study of the WASP revolution in American life, Michael Knox Beran brings the stories of Henry Adams and Henry Stimson, Learned Hand and Vida Scudder, John Jay Chapman and Gertrude Vanderbilt Whitney to life.

The neighborhoods we live in impact our lives in so many ways: they determine who we know, what resources and opportunities we have access to, the quality of schools our kids go to, our sense of security and belonging, and even how long we live. Yet too many of us live in neighborhoods plagued by rising crime, school violence, family disintegration, addiction, alienation, and despair. In Fragile Neighborhoods, fragile states expert Seth D. Kaplan offers a bold new vision for addressing social decline in America, one zip code at a time.

This American medical ecological and economic history, a saga of Man, Money, and Medicine or “textbook” of sorts, blossomed primarily for the benefit of Dr. DiLibero's many dear students. He has taught and lectured on the subject of migratory medical ecolo-nomics for many years, and has too often found himself digressing “off on a tangent”, describing particularly interesting moments of historical trivia that have influenced his life.

Nick McDonell grew up on New York City’s Upper East Side, a neighborhood defined by its wealth and influence. As a child, McDonell enjoyed everything that rarefied world entailed—sailing lessons in the Hamptons, school galas at the Met, and holiday trips on private jets. But as an adult, he left it behind to become a foreign correspondent in Iraq and Afghanistan. In Quiet Street, McDonell returns to the sidewalks of his youth, exhuming with bracing honesty his upbringing and those of his affluent peers.

This isn’t just another book about immigration. Citizenship for Sale tells a story most Americans haven’t heard about how dangerous individuals aren’t sneaking in through the shadows. They’re walking in through the front door. With clean passports, legal visas, and money to spend, they’re using our own laws to get in, blend in, and disappear. This book doesn’t rely on theory or headlines. It’s grounded in facts government reports, leaked files, real-world arrests, and years of firsthand research. It shows how terrorists, criminals, and operatives from hostile regimes are ...

Conceived in the early 1800s and completed in 1825, the Erie Canal was the boldest and biggest American engineering project of its century, with enduring political, social, and economic effects. It was the Erie Canal that first opened up the West to American enterprise and imagination, bringing vast riches and a far-reaching vision to a rapidly expanding nation.In this compelling narrative, author Gerard Koeppel tells the complete, sweeping story of the creation of the canal.