Public History

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.

Born in Italy, University of Chicago economist Luigi Zingales witnessed firsthand the consequences of high inflation and unemployment - paired with rampant nepotism and cronyism - on a country’s economy. This experience profoundly shaped his professional interests, and in 1988 he arrived in the United States, armed with a political passion and the belief that economists should not merely interpret the world, but should change it for the better.

From the director of Race to Nowhere, the popular 2010 documentary on our education system that has become a long-running grassroots phenomenon, and a new film, Beyond Measure, comes a groundbreaking audiobook for parents, students, and educators on how to revolutionize learning, prioritize children's health, and reenvision success for a lifetime.

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.

Politicians, economists, and Wall Street would have us believe that limitless economic expansion is the Holy Grail, and that there is no conflict between growing the economy and protecting the environment. Supply Shock debunks these widely accepted myths and demonstrates that we are in fact navigating the end of the era of economic growth, and that the only sustainable alternative is the development of a steady state economy.

Albert Richardson and Junius Browne, two correspondents for the New York Tribune, were captured at the Battle of Vicksburg and spent 20 months in horrific Confederate prisons before escaping and making their way to Union territory. Their amazing, long-forgotten odyssey is one of the great escape stories in American history, packed with drama, courage, horrors and heroics, plus many moments of antic comedy.

In The Emergency State, leading global affairs commentator David C. Unger reveals the hidden costs of America's obsessive pursuit of absolute national security. In the decades since World War II, presidents from both parties have assumed broad war-making powers never intended by the Constitution and intervened abroad to preserve our credibility rather than our security, while trillions of tax dollars have been diverted from essential domestic needs to the Pentagon. Yet ironically, this pursuit has not just damaged our democracy and undermined our economic strength....

When America was attacked on 9/11, its citizens almost unanimously rallied behind its new, untested president as he went to war. What they didn't know at the time was that the Bush administration's highest priority was not to vanquish Al Qaeda, but to consolidate its own power at any cost. It was a mission that could be accomplished only by a propaganda presidency in which reality was steadily replaced by a scenario of the White House's own invention.

Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the financial industry? Can we lower unemployment rates by controlling the free market? Answer: no. Not only is free-market capitalism good for the economy, it is our only hope for recovery. As the nation’s longest-serving CEO of one of the top 25 financial institutions, John Allison has had a unique inside view of the events leading up to the financial crisis.

Early in the crisis, a global volunteer collaboration called Pivot Projects was formed to rethink how the world works. Some members are experts in the sciences and the humanities; others are environmental activists or regular people who see themselves as world citizens. In The Pivot, the journalist Steve Hamm - who embedded in the enterprise from the start - explores their efforts and shows how their approach provides a model for achieving systemic change.

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.

The Appalachian Trail, a thin ribbon of wilderness running through the densely populated eastern United States, offers a refuge from modern society and a place apart from human ideas and institutions. But as environmental historian - and thru-hiker - Sarah Mittlefehldt argues, the trail is also a conduit for community engagement and a model for public-private cooperation and environmental stewardship. In Tangled Roots, Mittlefehldt tells the story of the trail’s creation.

We have entered what is called the "biological century" and a new biopolitics has emerged to address the implications for America's collective value system, our well-being, and ultimately, our future. The Body Politic is the first book to recognize and assess this new force in our political landscape - one that fuels today's culture wars and has motivated politicians of all stripes to reexamine their platforms.

A scientist takes on the distortions and outright lies foisted on the public! Robert G. Williscroft firmly establishes that the sky is not falling. By using scientific research and solid reasoning, he explains some of the most disturbing problems facing our nation including global warming, the safety of nuclear power, the politics of education, and the oxymoron of government efficiency. With a clear message, he discerns what is true from what is merely Chicken Little gibberish.

Following World War II, through the 1990s, there existed a sense of mutual distrust between the United States and the Soviet Union. The hostile environment included American fears of a Russian plan to control the world and the USSR's resentment over US intervention in foreign countries. The Cold War includes such speeches as JFK's address to the nation on the arms buildup in Cuba and commending West Berliners on their dedication to democracy.

Eighteen years after the genocide that made Rwanda international news, yet left it all but abandoned by the West, the country has achieved a miraculous turnaround. Rising out of the complete devastation of a failed state, Rwanda has emerged on the world stage yet again - this time with a unique model for governance and economic development under the leadership of its strong and decisive president, Paul Kagame. Here, Patricia Crisafulli and Andrea Redmond look at Kagame’s leadership.

Every day ordinary young Americans are fighting and dying in Iraq, with the same bravery, honor, and sense of duty that have distinguished American troops throughout history. One of these is Jason Dunham, a 22-year-old Marine corporal from the one-stoplight town of Scio, New York, whose stunning story reporter Michael M. Phillips discovered while he was embedded with a Marine infantry battalion in the Iraqi desert.

The urgent truth about the privatization of America’s national security that exposes where this industry came from, how it operates, where it's heading—and why we should be concerned. Thirty years ago there were no private military and security companies (PMSCs); there were only mercenaries. Now the PMSCs are a bona-fide industry, an indispensable part of American foreign and military policy.

Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income - and the result is a bold reassessment of the American economic experience.