Public History

When President Barack Obama ordered the surge of troops and aid to Afghanistan, Washington Post correspondent Rajiv Chandrasekaran followed. He found the effort sabotaged not only by Afghan and Pakistani malfeasance, but by infighting and incompetence within the American government: a war cabinet arrested by vicious bickering among top national security aides; diplomats and aid workers who failed to deliver on their grand promises; and generals who dispatched troops to the wrong places.

In this updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession.

Early on, the United States imposed war taxes that both demanded sacrifices from all Americans and served as reminders of their participation. Since the Korean War, the United States has increasingly moved away from war taxes. Instead, borrowing has become a permanent feature of contemporary wars. The move serves leaders well because reducing the apparent burden of war has helped mute public opposition and any decision-making constraints. But by masking accountability, however, the move away from war taxes undermines the basis for democratic restraint in wartime.

In the fall of 1973, the Greek oil shipping magnate Aristotle Onassis, husband of President John F. Kennedy's widow, Jacqueline Kennedy Onassis, and arguably the richest man in the world, proposed to build an oil refinery on the New Hampshire coast, in the town of Durham. But three women vehemently opposed the project. Small Town, Big Oil is the story of how the residents of Durham, led by three women, out-organized, out-witted, and out-maneuvered the governor, media, and Onassis cartel to hand the powerful Greek billionaire the most humiliating defeat of his business career.

In today’s chaotic world, where the multiplication of information sources creates competing narratives, credibility is the key to winning the war of ideas. This is the reason why governments and corporations resort to astroturfing - creation of ostensibly grassroots movements set up to advance political agendas and commercial campaigns. The democratization of information and polarization of politics offer a perfect storm.

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.

Our baffling new multipolar world grows ever more complex, desperately calling for new ways of thinking, particularly when it comes to political risk. To Dare More Boldly provides those ways, telling the story of the rise of political risk analysis, both as a discipline and a lucrative high-stakes industry that guides the strategic decisions of corporations and governments around the world. It assesses why recent predictions have gone so wrong and boldly puts forward 10 analytical commandments that can stand the test of time.

Silicon Valley is imperializing the planet. With nearly bottomless supplies of cash and ambition, a small group of companies have been gradually seizing symbolic and practical civic leadership in America and worldwide. But Silicon Valley does not answer to the electorate; nor have they been voted into office. And the perils of their influence are only now making themselves known.

The intensified globalization that ensued after the end of the Cold War has resulted in an unprecedented level of interconnectedness between the economies of all rising and established powers. Economic interdependence makes today's world a much more complex place than when balance of power theory was initially developed. International relations literature has overlooked the fact that great powers have been using institutions to soft balance each other's power and aggressive behavior. Restraining Great Powers places the evolution of balancing behavior in historical perspective.

In this provocative book, Ramesh Srinivasan describes the internet as both an enabler of frictionless efficiency and a dirty tangle of politics, economics, and other inefficient, inharmonious human activities. We may love the immediacy of Google search results, the convenience of Amazon, and the elegance of our Apple devices, but it’s a one-way, top-down process. We’re not asked for our input or our opinions - only for our data. The internet is brought to us by wealthy technologists in Silicon Valley and China. Srinivasan argues that we must think in terms beyond the Valley.

Bailout Nation offers one of the clearest looks at the financial lenders, regulators, and politicians responsible for the financial crisis of 2008. Written by Barry Ritholtz, one of the most popular economic bloggers and a well-established industry pundit, this book skillfully explores how the United States evolved from a rugged independent nation to a soft Bailout Nation - where financial firms are allowed to self-regulate in good times, but are bailed out by taxpayers in bad times.

Today, we are at a turning point as we face ecological and political crises that are rooted in conflicts over the land itself. But these problems can be solved if we draw on elements of our tradition that move us toward a new commonwealth - a community founded on the well-being of all people and the natural world.

In The Drone Age, Michael J. Boyle addresses some of the biggest questions surrounding the impact of drones on our world today and the risks that we might face tomorrow. Will drones produce a safer world because they reduce risk to pilots, or will the prospect of clean, remote warfare lead governments to engage in more conflicts? Will drones begin to replace humans on the battlefield? Will they empower soldiers and peacekeepers to act more precisely and humanely in crisis zones? How will terrorist organizations turn this technology back on the governments that fight them?

The deliberate devaluation of Blacks and their communities has had very real, far-reaching, and negative economic and social effects. An enduring white supremacist myth claims brutal conditions in Black communities are mainly the result of Black people's collective choices and moral failings. But there is nothing wrong with Black people that ending racism can't solve. Noted educator, journalist, and scholar Andre Perry takes listeners on a tour of six Black-majority cities whose assets and strengths are undervalued.

Politics in the European Union is an accessible and comprehensive introduction to the EU. Unique in its in-depth coverage of the history of the EU, the book explores a wide range of topics, including institutions and policies, making it a complete guide to understanding the complex nature of the EU.

Almost 2.5 million Americans have served in Afghanistan or Iraq since September 11, 2001. C.J. Chivers has reported from both fronts from the beginning, walking side by side with combatants for more than a dozen years. He describes the experience of war today as it is endured by those most at risk - the camaraderie and profound sense of purpose, alongside courage, frustration, and moral confusion mixed with technical precision. In these remote places where the reason for their presence is sometimes not clear, these young men kill or are killed, facing palpable and often constant threat of ambush or hidden bombs....

Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.

Throughout the 20th century, "free enterprise" has been a contested keyword in American politics, and the cornerstone of a conservative philosophy that seeks to limit government involvement into economic matters. Lawrence B. Glickman shows how the idea first gained traction in American discourse and was championed by opponents of the New Deal. Those politicians, believing free enterprise to be a fundamental American value, held it up as an antidote to a liberalism that they maintained would lead toward totalitarian statism.

In a sweeping narrative that takes listeners from the production of Stone Age axes, to the invention of chocolate chip cookies, to the experience of Burning Man, Philip Auerswald argues that the key driver of human history is the advance of code. At each major stage in the advance of code over the span of centuries, shifts in the structure of society have challenged human beings to reinvent not only how we work, but who we are. We are at one of those stages now.

Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts - austerity - to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system.