Economic Social History

This book examines one of the most important economic outcomes in American history - the breakdown of the Keynesian Revolution. Drawing on economic literature, the memoirs of economists and politicians, and the popular press, Eric Crouse examines how economic decline in the 1970s precipitated a political revolution. Keynesian thought flourished through the presidencies of Lyndon B. Johnson, Richard Nixon, and Gerald Ford, until stagflation devastated American workers and Jimmy Carter’s economic policies faltered, setting the stage for the 1980 presidential campaign.

The bankruptcy of the investment bank Lehman Brothers was the pivotal event of the 2008 financial crisis and the Great Recession that followed. Ever since the bankruptcy, there has been heated debate about why the Federal Reserve did not rescue Lehman in the same way it rescued other financial institutions, such as Bear Stearns and AIG. The Fed's leaders from that time, especially former Chairman Ben Bernanke, have strongly asserted that they lacked the legal authority to save Lehman because it did not have adequate collateral for the loan it needed to survive.

A groundbreaking work of history about the American middle class - its rise, why it faltered, and who truly benefited from its dominance.

Author Stephen Birmingham, who chronicled the rise of Jewish immigrants to extraordinary wealth and success in Our Crowd, now turns his attention to the Irish. Real Lace tells the colorful and fascinating true stories of America’s most renowned Irish-Catholic families. Scions of courageous, driven, and resilient men and women who escaped starvation during Ireland’s terrible potato famine in the mid-19th century, they battled their way out of the slums of Boston and New York, overcoming prejudice and poverty to achieve great wealth, fame, and political power.

Young adults are coming of age at a time when work is temporary, underpaid, incommensurate with their education, or downright unsatisfying. Despite these challenges, media scholar S. Craig Watkins argues that this moment of precarity is rife with opportunities for innovation, and that young adults are leading the charge in turning that into an inventive and surprisingly sustainable future.

This groundbreaking study of agriculture's role in the war defies long-held notions that Northern industrialization and urbanization led to clashes between North and South. Huston argues that the ideological chasm between plantation owners in the South and family farmers in the North led to the political eruption of 1854-1856 and the birth of a sectionalized party system.

There may be no story today with a wider gap between fact and fiction than the relationship between the United States and Mexico. Through portraits of business leaders, migrants, chefs, movie directors, police officers, and media and sports executives, Andrew Selee looks at this emerging Mexico, showing how it increasingly influences our daily lives in the United States in surprising ways - the jobs we do, the goods we consume, and even the new technology and entertainment we enjoy.

The bailouts during the recent financial crisis enraged the public. They felt unfair - and counterproductive: people who take risks must be allowed to fail. If we reward firms that make irresponsible investments, aren't we encouraging them to continue to act irresponsibly? Bailouts have happened throughout economic history and are unavoidable in any modern, market-based economy. And they're actually good. Contrary to popular belief, the financial system cannot operate properly unless the government stands ready to bail out banks and other firms.

Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Fredrik Erixon and Bjorn Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story. With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices.

Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability. Here he provides a comprehensive account of the economic, military, political, and demographic risks that bedevil half of our world, arguing that Asia, working with the United States, has a unique opportunity to avert catastrophe - but only if it acts boldly.

A Room of His Own sheds light on the mysterious ways of male associational culture as it examines such topics as fraternity, sophistication, nostalgia, social capital, celebrity, gossip, and male professionalism. The story of clubland (and the literature it generated) begins with Britain's military heroes home from the Napoleonic campaign and quickly turns to Dickens's and Thackeray's acrimonious Garrick Club Affair.

Having a good, stable job used to be the bedrock of the American Dream. Not anymore. In this richly detailed and eye-opening audiobook, Rick Wartzman chronicles the erosion of the relationship between American companies and their workers. Through the stories of four major employers - General Motors, General Electric, Kodak, and Coca-Cola - he shows how big businesses once took responsibility for providing their workers and retirees with an array of social benefits.

In The Company Town, Hardy Green, who has covered American business for over a decade, offers a compelling analysis of the emergence of these communities and their role in shaping the American economy, beginning in the country's earliest years....

Many believe that the War on Poverty, launched by President Johnson in 1964, ended in failure. In 2010, the official poverty rate was 15 percent, almost as high as when the War on Poverty was declared. Historical and contemporary accounts often portray the War on Poverty as a costly experiment that created doubts about the ability of public policies to address complex social problems. Legacies of the War on Poverty, drawing from fifty years of empirical evidence, documents that this popular view is too negative.

Shortly after arriving in the White House in early 1933, Franklin Roosevelt took the United States off the gold standard. His opponents thought his decision unwise at best and ruinous at worst. But they could not have been more wrong. With The Money Makers, Eric Rauchway tells the absorbing story of how FDR and his advisors pulled the levers of monetary policy to save the domestic economy and propel the United States to unprecedented prosperity and superpower status.

The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.

In Morning Miracle, Dave Kindred takes an in-depth look at the 21st-century newspaper by spending time in the inner sanctum of one of the country's most venerable: The Washington Post. With unprecedented access to every nook and cranny of the paper, Kindred provides a comprehensive, entertaining, no-holds-barred look at what it takes to turn out a world-class paper day in and day out.

Private foundations have been the dynamo of social change since their invention at the beginning of the last century. Yet just over 10 percent of the public knows they even exist; and for those who are aware of them, as well as even those who seek grants from them, their internal workings remain a complete mystery

Der Wirecard-Skandal ist einmalig in der deutschen Wirtschaftsgeschichte - ein einziger großer Fake. Wie konnte es zu diesem filmreifen Bankrott eines Dax-Konzerns kommen? Wer sind die Köpfe hinter dem Betrug? Wer muss dafür büßen? Und warum ist das weltumspannende kriminelle Netzwerk erst nach so langer Zeit aufgeflogen? Die Journalisten Bettina Weiguny und Georg Meck - beide federführend an der UFA-Verfilmung des Wirecard-Skandals beteiligt - entwerfen das Psychogramm eines Jahrhundertskandals.

It wasn’t surprising when the first abandoned bicycles were found along the dirt roads and farmland just across the border from Tijuana, but before long they were arriving in droves. The bikes went from curiosity, to nuisance, to phenomenon. But until they caught the eye of journalist Kimball Taylor, only a small cadre of human smugglers - coyotes - and migrants could say how or why they’d gotten there. This is the story of 7,000 bikes that made an incredible journey and one young man from Oaxaca who arrived at the border with nothing, built a small empire, and then vanished.