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.

In 1991 India faced its 'Greece moment': an unprecedented financial crisis against the backdrop of political uncertainty and crumbling investor confidence. On 21 June 1991, P. V. Narasimha Rao became prime minister and appointed Dr Manmohan Singh as finance minister. In less than 35 days, the Rao-Singh duo ushered in momentous changes in economic policy - those that transformed the country.

A valuable discovery under the world's second-largest temperate wetland and in the traditional lands of the Cree and Ojibway casts light on the growing conflict among resource development, environmental stewardship, and Indigenous rights. In this colorful tale, Virginia Heffernan draws on her bush and newsroom experiences to illustrate the complexities of resource development at a time when Indigenous rights are becoming enshrined globally.

Napoleon Bonaparte's ascent to power was meteoric. Ever the outsider and regarded by many as an upstart, his extraordinary determination, courage, and tactical skill saw him rise from ordinary beginnings to become the greatest military commander of his age. A brigadier general by the age of 24, crowned Emperor of France by age 35, he had conquered most of the countries of Europe by the time he was 45.

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.

Best-selling author and world-renowned historian Niall Ferguson has won widespread acclaim for thought-provoking works such as Civilization and High Financier. The Great Degeneration tackles nothing less than the decline of Western civilization. Ferguson posits that slowing growth, outrageous debt, and antisocial behavior are contributing to the erosion of the West’s once rock-solid foundations. Ferguson excavates the causes and shows how heroic leadership and radical reform are needed to right the course.

It’s a signal paradox of our times that we live in an information society but do not know how it works. And without understanding how our information is stored, used, and protected, we are vulnerable to having it exploited. In Fancy Bear Goes Phishing, Scott J. Shapiro draws on his popular Yale University class about hacking to expose the secrets of the digital age. With lucidity and wit, he establishes that cybercrime has less to do with defective programming than with the faulty wiring of our psyches and society.

In 1991, the United States was the only global superpower. It seemed that the 21st century, like the 20th, would belong to America. Then came the stock market bubble, the costly foreign unilateralism of the younger Bush presidency, and the financial catastrophe of 2008. Meanwhile, China was rising and the Middle East was awakening politically. Today it is clear that America is vulnerable - to domestic and international decline and unregulated greed.

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.

Now an esoteric of legal and criminal history, A Hangman's Diary gives a year-by-year breakdown on all of Master Franz Schmidt's executions, which included hangings, beheadings, and other methods, as well as details of each capital crime and the reason for the punishment.

Oxford Case Histories in Infection and Microbiology contains over 45 well structured cases, providing comprehensive coverage of the diagnostic and management dilemmas in clinical microbiology and infectious diseases. Each case comprises of a brief patient history with relevant clinical examination findings, thus insuring the listener is aware of how to confirm a diagnosis rapidly, with reference throughout to laboratory techniques, advice on therapy, epidemiological features, and areas which can be controversial.

The definitive biography of the most important economic statesman of our time, from the best-selling author of The Power Law and More Money Than God. Sebastian Mallaby's magisterial biography of Alan Greenspan, the product of over five years of research based on untrammeled access to his subject and his closest professional and personal intimates, brings into vivid focus the mysterious point where the government and the economy meet. To understand Greenspan's story is to see the economic and political landscape of our time in a whole new light.

In 1920, at the end of the last major pandemic, global life expectancy was just over 40 years. Today, in many parts of the world, human beings can expect to live more than 80 years. As a species, we have doubled our life expectancy in just one century. There are few measures of human progress more astonishing than this increased longevity.

In Putinomics, Chris Miller examines the making of Russian economic policy since Vladimir Putin took power in 1999. Miller argues that Putin's economic strategy has functioned far more effectively than most Westerners realize. While acknowledging that part of Putin's successes - above all, quadrupling per capita GDP in just a decade and a half - can be attributed to cashing in on high oil prices, Miller details the government policies that have also been fundamental to Russia's growth.

In 2014, Sierra Leone, Liberia, and Guinea suffered the worst epidemic of Ebola in history. The brutal virus spread rapidly through a clinical desert, where basic health-care facilities were few and far between. Causing severe loss of life and economic disruption, the Ebola crisis was a major tragedy of modern medicine. But why did it happen, and what can we learn from it?

In this timely book, Lawrence Kaplan and William Kristol take a hard look at Saddam Hussein. They see the face of evil: someone who embraced a cruel blend of socialism, fascism, and pan-Arab nationalism when young, and later became a coup plotter and a member of the Iraqi equivalent of Hitler's Brown Shirts.

Arthashastra is one of the oldest books with immense historical significance written by Kautilya, or Arya Chanakya, as he was popularly known. This book is one of the most effective books ever written on the art of statecraft and the science of everyday living. Originally written in Sanskrit, this is the English translation of the book, and it highlights the role of government in the lives of people and the important responsibilities that it should carry.

More than twenty years ago, 9/11 and the war in Afghanistan set into motion a hugely consequential shift in America's foreign policy: a perpetual state of war that is almost entirely invisible to the American public. War Made Invisible, by the journalist and political analyst Norman Solomon, exposes how this happened, and what its consequences are, from military and civilian casualties to drained resources at home.

In 2014, northeastern Syria might have been the last place you would expect to find a revolution centered on women's rights. But that year, an all-female militia faced off against ISIS in a little town few had ever heard of: Kobani. By then, the Islamic State had swept across vast swaths of the country, taking town after town and spreading terror as the civil war burned all around it. From that unlikely showdown in Kobani emerged a fighting force that would wage war against ISIS across northern Syria alongside the United States.

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.