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In the early 20th century, business elites, trade associations, wealthy powerbrokers, and media allies set out to build a new American orthodoxy: down with "big government" and up with unfettered markets. With startling archival evidence, Oreskes and Conway document campaigns to rewrite textbooks, combat unions, and defend child labor. They detail the ploys that turned hardline economists Friedrich von Hayek and Milton Friedman into household names;...
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"A compelling alternative view of the relationship between our politics and our economy. Throughout America, structural problems are getting worse. Economic inequality is near Gilded Age heights, the healthcare system is a mess, and the climate crisis continues to grow. Yet most ambitious policy proposals that might fix these calamities are dismissed as wastefully expensive by default. From the kitchen table to Congress, debates are punctuated with...
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"A war between China and the US would be catastrophic, deadly, and destructive. Unfortunately, it is no longer unthinkable. The relationship between the US and China, the world's two superpowers, is peculiarly volatile. It rests on a seismic fault--of cultural misunderstanding, historical grievance, and ideological incompatibility. No other nations are so quick to offend and be offended. Their militaries play a dangerous game of chicken, corporations...
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Cynical politicians like Mitch McConnell and Donald Trump argue that the people of the United States would be better off without food stamps, Obamacare, and workplace protections. Congresswoman Rosa L. DeLauro knows these folks are just plain wrong.
Growing up in New Haven, Connecticut, DeLauro saw firsthand how vulnerable hard-working people are in the face of corporate indifference and government neglect. From fatal industrial fires to devastating...
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"The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history, The Power and Independence of the Federal Reserve shows that much common wisdom about the nation's central bank is inaccurate. Legal scholar and financial historian...
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"After a modest increase in Metro fares in Santiago, Chile, last October, twenty Metro stations were simultaneously set on fire. The fare increase was the tipping point of years of social malaise. Days later there were more than a million protesters on the streets. The people of Chile were rejecting low pensions, highway tolls, school segregation, low-quality education, and poor public-health services-the result of decades of neoliberalism. Chile...
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America does not need an "upgrade." For years the Right has been tampering with one of the best political operating systems ever designed. The result has been economic and environmental disaster.
In this hard-hitting book, nationally syndicated radio and television host and bestselling author Thom Hartmann outlines eleven common-sense proposals, deeply rooted in America's history, that will once again make America strong and Americans-not corporations...
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"Americans today face no shortage of threats to their financial well-being, such as job and retirement insecurity, health care costs, and spiraling college tuition. While one might expect that these concerns would motivate people to become more politically engaged on the issues, this often doesn't happen, and the resulting inaction carries consequences for political debates and public policy. Moving beyond previously studied barriers to political...
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Galbraith's classic on the "economic of abundance" is, in the words of the New York Times, "a compelling challenge to conventional thought." With customary clarity, eloquence, and humor, Galbraith cuts to the heart of what economic security means (and doesn't mean) in today's world and lays bare the hazards of individual and societal complacence about economic inequity. While "affluent society" and "conventional wisdom" (first used in the book) have...
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"From the longtime New York Times economics correspondent, a closely reported argument for the continuing importance of industry for American prosperity In the 1950s manufacturing generated nearly 30 percent of U.S. income. Over the past fifty-five years that share has gradually declined to less than 12 percent at the same time that real estate, finance, and Wall Street trading have grown. While manufacturing's share of the U.S. economy shrinks, it...
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Chronicling the past fifty years of American economic and social upheaval, an award-winning economics writer examines what happened, viewing events through the experiences of two historic figures: Janet Yellen, Treasury Secretary, Federal Reserve Chairwoman, and Chair of the White House Council of Economic Advisers, and her husband, George Akerlof, an imaginative Nobel prize-winning economist.
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In 1944, Franklin Delano Roosevelt gave a State of the Union Address that was arguably the greatest political speech of the twentieth century. In it, Roosevelt grappled with the definition of security in a democracy, concluding that "unless there is security here at home, there cannot be lasting peace in the world." To help ensure that security, he proposed a "Second Bill of Rights" -- economic rights that he saw as necessary to political freedom....
13) The hidden history of neoliberalism: how Reaganism gutted America and how to restore its greatness
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"Progressive radio host Thom Hartmann reveals how and why neoliberalism became so prevalent in the United States and why it's time for us to turn our backs to it. While America is at a crossroads regarding its economic future, many of us don't fully understand how we got here. In this powerful and accessible book, Thom Hartmann demystifies neoliberalism and explains how we can use this pivotal point in time to create a more positive future. This book...
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Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk.
But, these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate the disease. ECONned is the first book to examine the unquestioned role of economists as policy-makers, and how they helped create an unmitigated economic disaster.
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Accepting his party's presidential nomination in the summer of 2008, Barack Obama beamed while Denver's stadium rocked with gauzy chants from adoring admirers. But looming beyond the deafening roar was a harsh reality that too few were willing to face just yet: Some "hope" is too audacious to believe, and just because a smooth talker proclaims something, doesn't make it true.
Now, long after the honeymoon has ended and the national mood soured...
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"The New York Times bestselling business journalist Christopher Leonard infiltrates one of America's most mysterious institutions-the Federal Reserve-to show how its policies over the past ten years have accelerated income inequality and put our country's economic stability at risk"--
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"Oligarchy is a threat to the American republic. When too much economic and political power is concentrated in too few hands, we risk losing the 'republican form of government' the Constitution requires. Today, courts enforce the Constitution as if it had almost nothing to say about this threat. But as Joseph Fishkin and William Forbath show in this retelling of constitutional history, a commitment to prevent oligarchy once stood at the center of...
18) Capitalist punishment: how Wall Street is using your money to create a country you didn't vote for
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A Wall Street cartel has quietly seized control of the American economy, and they are forcing governments and businesses to bow down to their political agenda--using your money to do it. Three Wall Street firms have quietly amassed more money than Jeff Bezos, Elon Musk, Andrew Carnegie, and John Rockefeller combined. But the money isn't even theirs. These asset managers have accumulated all their power through "passive funds," as most investors no...
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In the midst of the most serious financial upheaval since the Great Depression, legendary financier George Soros explores the origins of the crisis and its implications for the future. In a concise essay that combines practical insight with philosophical depth, Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for our nation and the world.
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"Nobody who sits in traffic on Sedona, Arizona's main stretch or stands shoulder-to-shoulder in its many souvenir shops would call it a ghost town. Neither would anyone renting a room for $2,000 a month or buying a house for a half-million dollars. And yet the people who built this small town and made it a community are being pushed further and further out. Their home is being sold out from under their feet. In studying the impact of short-term rentals,...
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