United States Economics

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.

Taxing the Rich draws on unparalleled evidence from 20 countries over the last two centuries to provide the broadest and most in-depth history of progressive taxation available. Scheve and Stasavage explore the intellectual and political debates surrounding the taxation of the wealthy while also providing the most detailed examination to date of when taxes have been levied against the rich and when they haven't.

The Upper Midwest and Great Lakes region became the "arsenal of democracy" - the greatest manufacturing center in the world-in the years during and after World War II, thanks to natural advantages and a welcoming culture. Decades of unprecedented prosperity followed, memorably punctuated by riots, strikes, burning rivers, and oil embargoes. A vibrant, quintessentially American character bloomed in the region's cities, suburbs, and backwaters.

In Chasing the White Dog, journalist Max Watman traces the historical roots and contemporary story of hooch. He takes us to the backwoods of Appalachia and the gritty nip joints of Philadelphia, from a federal courthouse to Pocono Speedway, profiling the colorful characters who make up white whiskey's lore. Along the way, Watman chronicles his hilarious attempts to distill his own moonshine - the essential ingredients and the many ways it can all go wrong - from his initial ill-fated batch to his first successful jar of 'shine.

Between President George W. Bush's "new world order" and the unprecedented governmental growth and massive redistribution of wealth under President Barack Obama, the United States risks losing the greatest middle class ever created in the history of the world. In his groundbreaking new book, Dr. Jerome R. Corsi blows the whistle on a movement to undercut the fundamental principles of limited government that our Founding Fathers fought for.

In the 1930s, battered and humbled by the Great Depression, the US financial sector struck a grand bargain with the federal government. Bankers gained a safety net in exchange for certain curbs on their freedom: transparency rules, record-keeping and anti-fraud measures, and fiduciary responsibilities. By the free-market era of the 1980s and 90s, however, Wall Street argued that rules embodied in New Deal-era regulations to protect consumers and ultimately taxpayers were no longer needed - and government agreed.

In the mid-1990s, residents of Anniston, Alabama, began a legal fight against the agrochemical company Monsanto over the dumping of PCBs in the city's historically African American and white working-class west side. Simultaneously, Anniston environmentalists sought to safely eliminate chemical weaponry that had been secretly stockpiled near the city during the Cold War. In this probing work, Ellen Griffith Spears offers a compelling narrative of Anniston's battles for environmental justice.

Some 70 years before the Mayflower sailed, a small group of English merchants formed the world's first joint-stock company. Back then, in the mid-16th century, England was a small and relatively insignificant kingdom on the periphery of Europe. Struggling with a single export - woolen cloth - the merchants were forced to seek new markets and trading partners. As this absorbing account shows, innovation and risk-taking were at the heart of the settlement of America, as was the profit motive.

America’s self-invented tinkerers are back at it in their metaphorical garages - fiddling with everything from solar-powered cars to space elevators. In Bunch of Amateurs, Jack Hitt visits a number of different garages and has written a fascinating book that looks at America’s current batch of amateurs and their pursuits. Beginning with Ben Franklin’s kite and leading all the way to the current TV hit American Idol, Hitt argues that the nation’s love of self-invented obsessives has always driven the country to rediscover the true heart of the American dream.

We Sell Drugs is a study grounded in the transnational geography and political economy of the coca-leaf and coca-derived commodities market stretching from Peru and Bolivia into the United States. More than a narrow biography of one famous plant and its equally famous derivative products - Coca-Cola and cocaine - this audiobook situates these commodities within the larger landscape of drug production and consumption. Examining efforts to control the circuits through which coca traveled, Suzanna Reiss provides a geographic and legal basis for considering the historical construction of designations of legality and illegality.

The book also argues that the legal status of any given drug is largely premised on who grew, manufactured, distributed, and consumed it and not on the qualities of the drug itself. Drug control is a powerful tool for ordering international trade, national economies, and society's habits and daily lives. In a historical landscape animated by struggles over political economy, national autonomy, hegemony, and racial equality, We Sell Drugs insists on the socio-historical underpinnings of designations of legality to explore how drug control became a major weapon in asserting control of domestic and international affairs.

Based on 18 months of reporting, Woodward's 17th book The Price of Politics is an intimate, documented examination of how President Obama and the highest profile Republican and Democratic leaders in the United States Congress attempted to restore the American economy and improve the federal government's fiscal condition over three and one half years. The Price of Politics addresses the key issue of the presidential and congressional campaigns: the condition of the American economy.

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.

Perhaps the 19th century's best book on Wall Street, Fifty Years in Wall Street provides a fascinating look at the financial markets during a period of rapid economic expansion.

Reniqua Allen tells the stories of Black millennials searching for a better future in spite of racist policies that have closed off traditional versions of success. Many watched their parents and grandparents play by the rules, only to sink deeper and deeper into debt. They witnessed their elders fight to escape cycles of oppression for more promising prospects, largely to no avail. Today, in this post-Obama era, they face a critical turning point. Interweaving her own experience, Allen shares surprising stories of hope and ingenuity.

The story of the Boston Massacre - when on a late winter evening in 1770, British soldiers shot five local men to death - is familiar to generations. But from the very beginning, many accounts have obscured a fascinating truth: the Massacre arose from conflicts that were as personal as they were political.

This enthralling book is the first to uncover the story of New York City merchants who engaged in forbidden trade with the enemy before and during the Seven Years’ War. Ignoring British prohibitions designed to end North America’s wartime trade with the French, New York’s merchant elite conducted a thriving business in the French West Indies, insisting that their behavior was protected by long practice and British commercial law. But the government in London viewed it as treachery, and its subsequent efforts to discipline North American commerce inflamed the colonists.

Kellogg in the late 1940s and 50s was a typical American small town complete with high school football and basketball teams, marching band, and anti-Communist clubs; yet its bars, gambling dens, and brothels were entrenched holdovers from a rowdier frontier past. The Bunker Hill Mining Company, the largest employer, paid miners good wages for difficult, dangerous work, while the quest for lead, silver, and zinc denuded the mountainsides and laced the soil and water with contaminants.

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.

Since the early days of the American republic, political thinkers have maintained that a grossly unequal division of property, wealth, and power would lead to the erosion of democratic life. Yet over the past thirty-five years, neoconservatives and neoliberals alike have redrawn the tenets of American liberalism. Nowhere is this more evident than in our current mainstream political discourse, in which the politics of economic inequality are rarely discussed.

For most of Western history, Sitaraman argues, constitutional thinkers assumed economic inequality was inevitable and inescapable - and they designed governments to prevent class divisions from spilling over into class warfare. The American Constitution is different. Compared to Europe and the ancient world, America was a society of almost unprecedented economic equality, and the founding generation saw this equality as essential for the preservation of America's republic.