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.

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.

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.

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.

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.

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.

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.

Beginning in January 2009, The Payoff lays bare Washington’s culture of power and plutocracy. It’s the story of the 20-month struggle by Senator Ted Kaufman and Jeff Connaughton, his chief of staff, to hold Wall Street executives accountable for securities fraud, stop stock manipulation by high-frequency traders, and break up too-big-to-fail megabanks. This book takes us inside their dogged crusade against institutional inertia and industry influence as they encounter an outright reluctance.

Evidence indicates President Barack Obama has been tremendously successful and effective by objective measures. On economic indicators alone, he is credited with the longest streak of job growth in US history, a two-thirds reduction in the federal budget deficit, and the rebounding of the stock market to record highs following the record lows of the recession under his predecessor.

For the better part of the last half century, the United States has been the world's police, claiming to defend ideologies, allies, and our national security through brute force. But is military action always the most appropriate response? Drawing on his vast experience, retired four-star general Tony Zinni argues that we have a lot of work to do to make the process of going to war-or not-more clear-eyed and ultimately successful.

Not so long ago, we embraced social media as a life-changing opportunity to connect with friends and family all across the globe. Today, the pendulum of public opinion is swinging in the opposite direction as Facebook, Twitter, Google, YouTube, and similar sites are being accused of corrupting our democracy, spreading disinformation, and fanning the flames of hatred. Here, with insightful analysis and in-depth research, Robby Soave explores some of the biggest issues animating both the right and the left: bias, censorship, disinformation, privacy, screen addiction, crime, and more.

What do people do when they count? What do numbers really mean? We all know that people can lie with statistics, but in this groundbreaking work, eminent political scientist Deborah Stone uncovers a much deeper problem. With help from Dr. Seuss and Cookie Monster, she explains why numbers can't be objective: in order to count, one must first decide what counts. Every number is the ending to a story built on cultural assumptions, social conventions, and personal judgments.

In this stunning new story of political economy, author Eric Robert Morse examines why the modern system has become so unwieldy and explains what must be done to correct it. His astute analysis and fascinating storytelling take readers on an epic journey, from the dawn of free-market capitalism during the age of exploration, through the industrial revolution and Adam Smith, to the rise of Keynesianism and the dominance of the welfare state....

The story of how one small nation responded to global climate issues by radically rethinking public policy for future generations.