American Economics

One New Haven summer evening in 2006, a retired grandfather was shot point-blank by a young stranger. A hasty police investigation culminated in innocent sixteen-year-old Bobby being sentenced to prison for thirty-eight years. New Haven native Nicholas Dawidoff returned home and spent eight years reporting the deeper story of this injustice, and what it reveals about the enduring legacies of social and economic disparity. In The Other Side of Prospect, he has produced an immersive portrait of a seminal community in an old American city now beset by division and gun violence.

In this capstone work, Michèle Lamont unpacks the power of recognition—rendering others as visible and valued—by drawing on nearly forty years of research and new interviews with young adults, and with cultural icons and change agents who intentionally practice recognition—from Nikole Hannah Jones and Cornel West to Michael Schur and Roxane Gay. Seeing Others strikes at the heart of our modern struggles and illuminates an inclusive path forward with new ways for understanding our world.

In this landmark work, acclaimed historian Joshua Freeman has created an epic portrait of a nation both galvanized by change and driven by conflict. Beginning in 1945, the economic juggernaut awakened by World War II transformed a country once defined by its regional character into a uniform and cohesive power and set the stage for the United States’ rise to global dominance. Meanwhile, Freeman locates the profound tragedy that has shaped the path of American civic life.

Fifteen Cents on the Dollar follows the lives of four Black Millennial professionals and a banking company founded with the stated mission of closing the Black-white wealth gap. That company, known as Greenwood, a reference to the historic Black Wall Street district in Tulsa, Oklahoma, generated immense excitement and hope among people looking for new ways of business that might lead to greater equity. But the twists and turns of Greenwood’s journey also raise tough questions about what equality really means.

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.

Just as WASPs, Irish-Catholics, and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed". Yet little is known about how these Indian émigrés (and children of émigrés) rose through the ranks. Until now....

In a grand-scale narrative history, the bestselling author of two finalists for the Pulitzer Prize now captures the decades when capitalism was at its most unbridled and a few breathtakingly wealthy businessmen utterly transformed America from an agrarian economy to a world power.

In this sometimes shocking and always riveting book, Robert G. Kaiser who has covered Congress, the White House and national politics for The Washington Post since 1963, explains how and why over the last four decades, Washington became a dysfunctional capital.

Billionaire Wilderness takes you inside the exclusive world of the ultra-wealthy, showing how today's richest people are using the natural environment to solve the existential dilemmas they face. Justin Farrell spent five years in Teton County, Wyoming, the richest county in the United States and a community where income inequality is the worst in the nation. He conducted hundreds of in-depth interviews, gaining unprecedented access to tech CEOs, Wall Street financiers, oil magnates, and other prominent figures in business and politics.

Food is a conduit for connection; we envision smiling families gathered around a table-eating, happy, content. But what happens when poverty, mental illness, homelessness, and addiction claim a seat at that table? In The Meth Lunches, Kim Foster peers behind the polished visions of perfectly curated dinners and charming families to reveal the complex reality when poverty and food intersect.

We are a nation founded on the ideals of coming together across differences to forge a common future. Yet over the past 50 years, our economy has been pulling us apart at unprecedented rates. By allowing top income earners and the wealthiest Americans to hoard wealth like almost never before, we belie what makes our country great. This is a threat to our wellbeing, our democracy, and our values.

In 1654, 23 Jewish families arrived in New Amsterdam (now New York) aboard a French privateer. They were the Sephardim, members of a proud orthodox sect that had served as royal advisors and honored professionals under Moorish rule in Spain and Portugal but were then exiled by intolerant monarchs. A small, closed, and intensely private community, the Sephardim soon established themselves as businessmen and financiers. They became powerful forces in society, with some, like banker Haym Salomon, even providing financial support to George Washington's army during the American Revolution.

Drawing from stratification economics, intersectionality, and respectability politics, The Love Jones Cohort centers on the voices and lifestyles of members of the Black middle class who are single and living alone (SALA). While much has been written about both the Black middle class and the rise of singlehood, this book represents a first foray into bridging these two concepts.

In The Unwinding, George Packer, author of The Assassins’ Gate: America in Iraq, tells the story of the United States over the past three decades in an utterly original way, with his characteristically sharp eye for detail and gift for weaving together complex narratives. The Unwinding portrays a superpower in danger of coming apart at the seams, its elites no longer elite, its institutions no longer working, its ordinary people left to improvise their own schemes for success and salvation.

Working at the Goodyear Tire and Rubber Company chemical plant in Niagara Falls, New York, was considered a good job. It was the kind of industrial manufacturing job that allowed blue-collar workers to thrive in the latter half of the 20th century—that allowed them to buy their own home, and maybe a small boat for the lake. But it was also the kind of job that exposed you to toxic chemicals and offered little to no protection from them, either in the way of protective gear or adequate ventilation. Eventually, it was a job that gave you bladder cancer.

A landmark work from one of the preeminent historians of our time: the first published biography of Andrew W. Mellon, the American colossus who bestrode the worlds of industry, government, and philanthropy, leaving his transformative stamp on each. Following a boyhood in 19th-century Pittsburgh, during which he learned from his Scotch-Irish immigrant father the lessons of self-sufficiency and wealth accumulation, Andrew Mellon overcame painful shyness to become one of America's greatest financiers.

Not since the Great Depression have so many Americans questioned the fundamental tenets of capitalism and expressed openness to a socialist alternative. We Own the Future: Democratic Socialism-American Style offers a road map to making this alternative a reality, giving listeners a practical vision of a future that is more democratic, egalitarian, inclusive, and environmentally sustainable.

A Washington Post reporter's intimate account of the fallout from the closing of a General Motors assembly plant in Janesville, Wisconsin - Paul Ryan's hometown - and a larger story of the hollowing of the American middle class. This is the story of what happens to an industrial town in the American heartland when its factory stills - but it's not the familiar tale. Most observers record the immediate shock of vanished jobs, but few stay around long enough to notice what happens next, when a community with a can-do spirit tries to pick itself up.

For more than three decades, Jeffrey D. Sachs has been at the forefront of international economic problem solving. But Sachs turns his attention back home in The Price of Civilization, a book that is essential reading for every American. In a forceful, impassioned, and personal voice, he offers not only a searing and incisive diagnosis of our country’s economic ills but also an urgent call for Americans to restore the virtues of fairness, honesty, and foresight as the foundations of national prosperity.

This book addresses productivity, capital, labor, stocks, wealth, and more on a lecture-length audiobook, promoted by Harvard Business School Press.