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Browse our selection of economic history books and chart the rise of the economy through to today.

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Economic History Books

  • Wall Street and the Bolshevik Revolution

    Antony Cyril Sutton

    Product Code: ACVUC
    Paperback
    Why did the 1917 American Red Cross Mission to Russia include more financiers than medical doctors? Rather than caring for the victims of war and revolution, its members seemed more intent on negotiating contracts with the Kerensky government, and subsequently the Bolshevik regime. In a courageous investigation, Antony Sutton establishes tangible historical links between US capitalists and Russian communists. Drawing on State Department files, personal papers of key Wall Street figures, biographies and conventional histories, Sutton reveals: the role of Morgan banking executives in funneling illegal Bolshevik gold into the US; the co-option of the American Red Cross by powerful Wall Street forces; the intervention by Wall Street sources to free the Marxist revolutionary Leon Trotsky, whose aim was to topple the Russian government; the deals made by major corporations to capture the huge Russian market a decade and a half before the US recognized the Soviet regime; and, the secret sponsoring of Communism by leading businessmen, who publicly championed free enterprise. "Wall Street and the Bolshevik Revolution" traces the foundations of Western funding of the Soviet Union. Dispassionately, and with overwhelming documentation, the author details a crucial phase in the establishment of Communist Russia. This classic study - first published in 1974 and part of a key trilogy - is reproduced here in its original form. (The other volumes in the series include "Wall Street and the Rise of Hitler" and a study of Franklin D. Roosevelt's "1933 Presidential election in the United States").
    • £11.39
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  • The Economists' Hour

    Binyamin Appelbaum

    Product Code: CDHDG
    Hardback
    The story of the economists who championed the rise of free markets and fundamentally reshaped the modern world. As the post-World War II economic boom began to falter in the late 1960s, a new breed of economists gained in influence and power. Over time, their ideas curbed governments, unleashed corporations and hastened globalization. Their fundamental belief? That governments should stop trying to manage the economy. Their guiding principle? That markets would deliver steady growth and broad prosperity. But the economists' hour failed to deliver on its premise. The single-minded embrace of markets has come at the expense of economic equality, of the health of liberal democracy, and of future generations. Across the world, from both right and left, the assumptions of the once-dominant school of free-market economic thought are being challenged, as we count the costs as well as the gains of its influence. Both accessible and authoritative, exploring the impact of both ideas and individuals, Binyamin Appelbaum's The Economists' Hour provides both a reckoning with the past and a call fora different future.
    • £16.00
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  • Russian-Turkmen Encounters

    S. Peter Poullada

    Product Code: CDGCP
    Paperback
    In the mid-eighteenth century the Russian tsar sent two expeditions across the Caspian Sea in response to an extraordinary plea for assistance from the recently subjugated Kalmyk Khan. The official journals of these expeditions, here translated into English for the first time, record the encounters of Captains Tebelev and Kopitovskii (in 1741 and 1745, respectively) with the Turkmen tribes of the Caspian frontier zone. Together they form the basis for Peter Poullada's study of the relationship between the expanding Russian empire and the tribal peoples of Central Asia over a period of more than 200 years. Drawing on Russian archival sources and Persian and Uzbek chronicles, Russian-Turkmen Encounters provides a detailed exploration of the historical and political context of the encounters so vividly described in the two journals. Poullada shows that before the better-known nineteenth-century rivalry between the Russian and British Empires, famously known as the Great Game, Russian merchants, envoys and explorers were engaged in a complex relationship with the various tribal and political groups of Central Asia: Turkmen, Uzbeks, Kazakhs, Kalmyks and even forces from the Safavid and Afshar shahs who ruled Iran. Russian-Turkmen Encounters provides a valuable new resource that will lead to a deeper understanding of Russia's imperial expansion and its involvement in the geopolitical and commercial rivalries with the major political groups in Central Asia during the early modern period.
  • First-Class Passengers on a Sinking Ship

    Richard Lachmann

    Product Code: CDBPI
    Hardback
    The extent and irreversibility of US decline is becoming ever more obvious as America loses war after war and as one industry after another loses its technological edge. Lachmann explains why the United States will not be able to sustain its global dominance. He contrasts America's relatively brief period of hegemony with the Netherlands' similarly short primacy and Britain's far longer era of leadership. Decline in all those cases was not inevitable and did not respond to global capitalist cycles. Rather, decline is the product of elites' success in grabbing control of resources and governmental powers. Not only are ordinary people harmed, but also capitalists become increasingly unable to coordinate their interests and adopt policies and make investments necessary to counter economic and geopolitical competitors elsewhere in the world. Conflicts among elites and challenges by non-elites determine the timing and mould the contours of decline. Lachmann traces the transformation of US politics from an era of elite consensus to present-day paralysis combined with neoliberal plunder, explains the paradox of an American military with an unprecedented technological edge unable to subdue even the weakest enemies, and the consequences of finance's cannibalisation of the US economy.
    • £22.50
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  • Land of Tears

    Robert Harms

    Product Code: CCVQZ
    Hardback
    In January 1885, the powers of Europe gathered in Berlin to set ground rules for dividing Africa and its lucrative natural resources among themselves. In the years that followed, they rapidly laid claim to nearly all of the continent. Africa's division and conquest might appear today to have been inevitable. But the outcome was far from certain. Drawing upon decades of research, esteemed historian Robert Harms shows how outsiders from Europe, America, and the Arab world competed for resources, money, fame, and power in the Congo rainforest. Reconstructing this chaotic process, Land of Tears provides a comprehensive depiction of how invaders into the Congo basin transformed the region in just a few decades from terra incognita to the most brutally exploited region of Africa. For many centuries, the peoples of the Congo rainforest kept the disruptive forces of the global economy at arm's length, shielded on the west by the cataracts of the lower Congo River and on the east by the lakes and mountains of the Albertine rift. During the second half of the nineteenth century-in a process known as the "Scramble for Africa"-traders, explorers, and empire builders breached the barriers and moved rapidly into the Congo basin, first from the east and then from the west. By the 1880s, merchants of ivory, slaves, and rubber, operating under the authority of the Sultan of Zanzibar, the King of Belgium, and the government of France, were methodically stripping the rainforest of its rapidly-depleting natural bounty in order to satisfy growing demand in Europe and the United States. Central to this process were three men: Henry Morton Stanley, a Welsh explorer working on behalf of King Leopold of Belgium; Pierre savourgnan de Brazza, an Italian from the Papal States who carved out an empire for France; and Hamid bin Muhammad (known as Tippu Tip), a man of mixed African and Arab descent who built a vast trading empire, first as a client of the Sultan of Zanzibar and later in the employ of Leopold. These men were representative of the interests vying for resources in the region, and the drama of their lives was contoured by the devastation their exploits visited upon the Congo. Swivelling between events in Africa and those in Europe and the United States, Land of Tears reveals the complex ways worldwide networks of trade, travel, and communication reshaped and ruined Equatorial Africa.Offering vivid descriptions of African ivory and slave caravans, rubber hunters, and local governance in Africa and piano key factories, humanitarian conferences, and diplomatic meetings in Europe and America, Harms demonstrates how the Congo became fully and fatefully enmeshed within our global world.
    • £24.00
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  • Visualizing Taste

    Ai Hisano

    Product Code: CBYBK
    Hardback
    Ai Hisano exposes how corporations, the American government, and consumers shaped the colors of what we eat and even the colors of what we consider "natural," "fresh," and "wholesome." The yellow of margarine, the red of meat, the bright orange of "natural" oranges-we live in the modern world of the senses created by business. Ai Hisano reveals how the food industry capitalized on color, and how the creation of a new visual vocabulary has shaped what we think of the food we eat. Constructing standards for the colors of food and the meanings we associate with them-wholesome, fresh, uniform-has been a business practice since the late nineteenth century, though one invisible to consumers. Under the growing influences of corporate profit and consumer expectations, firms have sought to control our sensory experiences ever since. Visualizing Taste explores how our perceptions of what food should look like have changed over the course of more than a century. By examining the development of color-controlling technology, government regulation, and consumer expectations, Hisano demonstrates that scientists, farmers, food processors, dye manufacturers, government officials, and intermediate suppliers have created a version of "natural" that is, in fact, highly engineered. Retailers and marketers have used scientific data about color to stimulate and influence consumers'-and especially female consumers'-sensory desires, triggering our appetites and cravings. Grasping this pivotal transformation in how we see, and how we consume, is critical to understanding the business of food.
  • The Global Bourgeoisie

    David Motadel

    Product Code: CBYUB
    Paperback
    The first global history of the middle class While the nineteenth century has been described as the golden age of the European bourgeoisie, the emergence of the middle class and bourgeois culture was by no means exclusive to Europe. The Global Bourgeoisie explores the rise of the middle classes around the world during the age of empire. Bringing together eminent scholars, this landmark essay collection compares middle-class formation in various regions, highlighting differences and similarities, and assesses the extent to which bourgeois growth was tied to the increasing exchange of ideas and goods. The contributors indicate that the middle class was from its very beginning, even in Europe, the result of international connections and entanglements. Essays are grouped into six thematic sections: the political history of middle-class formation, the impact of imperial rule on the colonial middle class, the role of capitalism, the influence of religion, the obstacles to the middle class beyond the Western and colonial world, and, lastly, reflections on the creation of bourgeois cultures and global social history. Placing the establishment of middle-class society into historical context, this book shows how the triumph or destabilization of bourgeois values can shape the liberal world order. The Global Bourgeoisie irrevocably changes the understanding of how an important social class came to be.
  • An Economic History of the English Garden

    Roderick Floud

    Product Code: CBRDC
    Hardback
    An Economic History of the English Garden draws on never-seen primary sources to explore how much gardens cost to make and to maintain; how many gardeners tend to particular gardens; the prices of plants sold by nurseries, or imported from far-flung corners of the world; where the plants come from, what tools and techniques were used to create them and how they were invented. The author compares one garden with another in terms of the burden that it has put on the family that has owned it over the centuries. He unearths where their money came from and why they spent it on a garden. The result is a far deeper understanding of one of England's dearest - and indeed costliest - industries.
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  • The Fall of the House of Speyer

    George W. Liebmann (Independen

    Product Code: CBIXC
    Paperback
    The dramatic story of the last fifty years of the Speyer banking dynasty, a Jewish family of German descent, is surprisingly little known today, yet at the turn of the 20th century, Speyer was the third largest investment banking firm in the United States, behind only Morgan and Kuhn, Loeb. It had branches in London, Frankfurt and New York, and the projects it financed included the Southern Pacific Railroad, the London Underground and the infrastructure of the new Cuban republic. Later, it was the first major banking firm to finance Germany's Weimar Republic, as well as providing League of Nations loans to Hungary, Greece and Bulgaria. Yet, the firm was doomed by the nationalist passions aroused by World War I. Its English partner was denaturalised and exiled; its American partner enjoyed reduced standing because of his connection to Germany; and the Frankfurt branch closed with the coming of the Third Reich, its German partner fleeing into exile. The firm was dissolved in 1939, a surprisingly anticlimactic end to one of the great international banking companies of modern times. George W. Liebmann here tells the story of the firm and the family - shedding new light on the protagonists of a remarkable dynasty, who came undone in the dramatic years of the early 20th century.
  • The Rise and Fall of the City of Money

    Ray Perman

    Product Code: CAZHM
    Hardback
    It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transformed Edinburgh into a global financial centre. The crash of 2008 wrecked the city's two largest and oldest banks - and its reputation. In the three intervening centuries, Edinburgh became a hothouse of financial innovation, prudent banking, reliable insurance and smart investing. The face of the city changed too as money transformed it from medieval squalor to Georgian elegance. This is the story, not just of the institutions which were respected worldwide, but of the personalities too, such as the two hard-drinking Presbyterian ministers who founded the first actuarially-based pension fund; Sir Walter Scott, who faced financial ruin, but wrote his way out of it; the men who financed American railways and eastern rubber plantations with Scottish money; and Fred Goodwin, notorious CEO of RBS, who took the bank to be the biggest in the world, but crashed and burned in 2008.
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  • Billion Dollar Whale

    Tom Wright

    Product Code: BZPDJ
    Paperback
    Named a Best Book of 2018 by the Financial Times and Fortune, this New York Times-bestseller exposes how a `modern Gatsby' swindled over $5 billion with the aid of Goldman Sachs in `the heist of the century'. Now a #1 international bestseller, Billion Dollar Whale is `an epic tale of white-collar crime on a global scale' (Publishers Weekly, starred review), revealing how a young social climber from Malaysia pulled off one of the biggest heists in history. In 2009, a chubby, mild-mannered graduate of the University of Pennsylvania's Wharton School of Business named Jho Low set in motion a fraud of unprecedented gall and magnitude - one that would come to symbolise the next great threat to the global financial system. Over a decade, Low, with the aid of Goldman Sachs and others, siphoned billions of dollars from an investment fund - right under the nose of global financial industry watchdogs. Low used the money to finance elections, purchase luxury real estate, throw champagne-drenched parties, and even to finance Hollywood films like The Wolf of Wall Street. By early 2019, with his yacht and private jet reportedly seized by authorities and facing criminal charges in Malaysia and in the United States, Low had become an international fugitive, even as the US Department of Justice continued its investigation. Billion Dollar Whale has joined the ranks of Liar's Poker, Den of Thieves, and Bad Blood as a classic harrowing parable of hubris and greed in the financial world.
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  • A Wunch of Bankers

    Daniel Ziffer

    Product Code: CAZBA
    Paperback
    It was a complicated, galling, and gasp-inducing year at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. It wasn't just the long list of scandals exposed to a horrified nation - charging fees to dead people, ignoring blatant conflicts of interest, and taking $1 billion from customers in fees that banks were never entitled to. What made it so fascinating, so heart-breaking, and so enraging was the procession of faces through the witness box, and the team of counsel gazing into the dark heart of banking. Tearful victims, blank-faced executives, hapless regulators, and a couple of utter charlatans all had their day in court, watched by an audience ofmillions, and revealing - in their stories - the material to justify re-shaping the multi-trillion dollar financial-services industry that forms a pillar of Australian life. A Wunch of Bankers covers not just the big shocks, but the small moments - lost in the flurry of daily reporting - that reveal how companies have used the law, limp enforcement, and basic human behaviour to take advantage of customers. Is there a phrase that allows life-insurance spruikers in call centres to terrify you about your impending death - and the grief-stricken ruins of an estate you'll leave for your bereaved family - while still being legal? Yes, there is. Was there a meeting in which a bank's executives ignored a warning of `Extreme' from its chief risk officer, to embark on a dodgy scheme that accrued $3.6 billion in funds? There was. In A Wunch of Bankers, the World's Oldest Debuting TV Reporter brings out the colour and grit of the royal commission's proceedings, andexplores broader issues raised by the testimony. A compelling mixture of analysis, reportage, and observation, it is a revelatory work.
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  • Global Development

    Sara Lorenzini

    Product Code: BZLWI
    Hardback
    In the Cold War, "development" was a catchphrase that came to signify progress, modernity, and economic growth. Development aid was closely aligned with the security concerns of the great powers, for whom infrastructure and development projects were ideological tools for conquering hearts and minds around the globe, from Europe and Africa to Asia and Latin America. In this sweeping and incisive book, Sara Lorenzini provides a global history of development, drawing on a wealth of archival evidence to offer a panoramic and multifaceted portrait of a Cold War phenomenon that transformed the modern world. Taking readers from the aftermath of the Second World War to the tearing down of the Berlin Wall, Lorenzini shows how development projects altered local realities, transnational interactions, and even ideas about development itself. She shines new light on the international organizations behind these projects-examining their strategies and priorities and assessing the actual results on the ground-and she also gives voice to the recipients of development aid. Lorenzini shows how the Cold War shaped the global ambitions of development on both sides of the Iron Curtain, and how international organizations promoted an unrealistically harmonious vision of development that did not reflect local and international differences. An unparalleled journey into the political, intellectual, and economic history of the twentieth century, this book presents a global perspective on Cold War development, demonstrating how its impacts are still being felt today.
  • Capitalism in America

    Alan Greenspan

    Product Code: CAXNW
    Paperback
    Shortlisted for the FT & McKinsey Business Book of the Year 2018 'An inspiring, rip-roaring read - like the astonishing story it describes' Liam Halligan, Daily Telegraph Where does prosperity come from, and how does it spread through a society? What role does innovation play in creating prosperity and why do some eras see the fruits of innovation spread more democratically, and others, including our own, find the opposite? In Capitalism in America, Alan Greenspan, legendary Chair of the Federal Reserve, distils a lifetime of grappling with these questions into a profound assessment of the decisive drivers of the US economy over the course of its history. In partnership with Economist journalist and historian Adrian Wooldridge, he unfolds a tale of vast landscapes, titanic figures and triumphant breakthroughs as well as terrible moral failings. Every crucial American economic debate is here - from the role of slavery in the antebellum Southern economy to America's violent swings in its openness to global trade. At heart, the authors argue, America's genius has been its enthusiasm for the effects of creative destruction, the ceaseless churn of the old giving way to the new. Although messy and painful, it has lifted the overwhelming majority of Americans to standards of living unimaginable even a few generations past. At a time when productivity has again stalled, stirring populist furies, and the continuing of American pre-eminence seems uncertain, Capitalism in America explains why America has worked so successfully in the past and been such a gigantic engine of economic growth.
    • £10.39
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  • Pirates and Publishers

    Fei-Hsien Wang

    Product Code: CAWUV
    Hardback
    A detailed historical look at how copyright was negotiated and protected by authors, publishers, and the state in late imperial and modern China In Pirates and Publishers, Fei-Hsien Wang reveals the unknown social and cultural history of copyright in China from the 1890s through the 1950s, a time of profound sociopolitical changes. Wang draws on a vast range of previously underutilized archival sources to show how copyright was received, appropriated, and practiced in China, within and beyond the legal institutions of the state. Contrary to common belief, copyright was not a problematic doctrine simply imposed on China by foreign powers with little regard for Chinese cultural and social traditions. Shifting the focus from the state legislation of copyright to the daily, on-the-ground negotiations among Chinese authors, publishers, and state agents, Wang presents a more dynamic, nuanced picture of the encounter between Chinese and foreign ideas and customs. Developing multiple ways for articulating their understanding of copyright, Chinese authors, booksellers, and publishers played a crucial role in its growth and eventual institutionalization in China. These individuals enforced what they viewed as copyright to justify their profit, protect their books, and crack down on piracy in a changing knowledge economy. As China transitioned from a late imperial system to a modern state, booksellers and publishers created and maintained their own economic rules and regulations when faced with the absence of an effective legal framework. Exploring how copyright was transplanted, adopted, and practiced, Pirates and Publishers demonstrates the pivotal roles of those who produce and circulate knowledge.
  • The Nobel Factor

    Avner Offer

    Product Code: CAVBI
    Paperback
    How the creation of the Nobel Prize in Economics changed the economics profession, Sweden, and the world Our confidence in markets comes from economics, and our confidence in economics is underpinned by the Nobel Prize in Economics, which was first awarded in 1969. Was it a coincidence that the prize and the rise of free-market liberalism began at the same time? The Nobel Factor is the first book to describe the origins and power of the most important prize in economics. It tells how the prize, created by the Swedish central bank, emerged from a conflict between central bank orthodoxy and Sweden's social democracy. The aim was to use the halo of the Nobel brand to influence the future of Sweden and the rest of the developed world by enhancing the bank's authority and the prestige of market-friendly economics. And the strategy has worked spectacularly-with sometimes disastrous results for societies striving to cope with the requirements of economic theory and deregulated markets. Drawing on previously untapped archives and providing a unique analysis of the sway of prizewinners, The Nobel Factor offers an unprecedented account of the real-world consequences of economics and its greatest prize.
  • Escape from Rome

    Walter Scheidel

    Product Code: BZUDI
    Hardback
    The gripping story of how the end of the Roman Empire was the beginning of the modern world The fall of the Roman Empire has long been considered one of the greatest disasters in history. But in this groundbreaking book, Walter Scheidel argues that Rome's dramatic collapse was actually the best thing that ever happened, clearing the path for Europe's economic rise and the creation of the modern age. Ranging across the entire premodern world, Escape from Rome offers new answers to some of the biggest questions in history: Why did the Roman Empire appear? Why did nothing like it ever return to Europe? And, above all, why did Europeans come to dominate the world? In an absorbing narrative that begins with ancient Rome but stretches far beyond it, from Byzantium to China and from Genghis Khan to Napoleon, Scheidel shows how the demise of Rome and the enduring failure of empire-building on European soil ensured competitive fragmentation between and within states. This rich diversity encouraged political, economic, scientific, and technological breakthroughs that allowed Europe to surge ahead while other parts of the world lagged behind, burdened as they were by traditional empires and predatory regimes that lived by conquest. It wasn't until Europe "escaped" from Rome that it launched an economic transformation that changed the continent and ultimately the world. What has the Roman Empire ever done for us? Fall and go away.
  • American Default

    Sebastian Edwards

    Product Code: BZKZI
    Paperback
    The untold story of how FDR did the unthinkable to save the American economy The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. From FDR's order for Americans to sell the government all their gold holdings to the Supreme Court confrontation that threatened to finish the New Deal, American Default provides a compelling account of an economic and legal drama that embroiled a nation.
  • Ship of Fools

    Fintan O'Toole

    Product Code: BZAYL
    Paperback
    For twenty years, Ireland's economic miracle was supposed to be the envy of the world. Low taxes, light regulation and an 'anything goes' attitude seemed to have created boundless prosperity. And then, as in Iceland, the glittering palaces vanished in the heat of the global financial meltdown. For years, those with economic power had been investing in a gigantic property bubble. In Ship of Fools Fintan O'Toole tells the story of this dizzying rise and sickening fall. Ireland may have had a tiger economy, but those in charge of it had not lost their taste for sweetheart deals, back-handers and bribery. This is the essential analysis of Ireland's economic suicide.
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  • Kochland

    Christopher Leonard

    Product Code: BYZRX
    Hardback
    The annual revenue of Koch Industries is bigger than that of Google, Goldman Sachs and Kraft Foods combined. But very few people have ever heard of Koch Industries because the billionaire Koch brothers want it that way. Now, in Kochland, Christopher Leonard has managed what no other journalist has done before: to tell the explosive inside story of how the largest private company in the world became that big. In doing so, Leonard also tells the epic tale of the evolution of corporate America over the last half-century, in all its glory and rapaciousness. Koch is everywhere. It controls the fertilisers at the foundation of our food system. It controls the synthetics that make our diapers and carpets. It controls the chemicals that make our bottles and pipes. It controls the building materials that make our homes and offices. And it controls much of the Wall Street trading in all of these commodities. It makes money at every end of almost every deal. For five decades, CEO Charles Koch has kept Koch Industries quietly operating behind a veil of secrecy, with a view toward very, very long-term profits. When Wall Street came calling twenty years ago, trying to take Koch public, Charles Koch said no. He's a genius businessman: patient with profits, able to learn from his mistakes, determined that his employees develop an almost a worshipful dedication to free-market ruthlessness, and a master disrupter. We think of disruption as something that happens in Silicon Valley, but this book will upend your understanding of what disruption really is. Charles Koch's business acumen has made him and his brother David (Koch Industries' co-owner) together richer than Bill Gates. But there's a dark side to their story. If you want to understand how we killed the unions in this country, how we widened the income divide, how we stalled progress on climate change and how corporate America bought the influence industry, all you have to do is read this book. Seven years in the making, Kochland reads like a true-life thriller, with larger-than-life characters driving the battles on every page. The book tells the ambitious tale of how one private company consolidated power over half a century - and how in doing so, transformed capitalism into something that feels so deeply alienating to many Americans today.
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  • Globalizing Capital

    Barry Eichengreen

    Product Code: BYXSD
    Paperback
    Essential reading for understanding the international economy-now thoroughly updated Lucid, accessible, and provocative, and now thoroughly updated to cover recent events that have shaken the global economy, Globalizing Capital is an indispensable account of the past 150 years of international monetary and financial history-from the classical gold standard to today's post-Bretton Woods "nonsystem." Bringing the story up to the present, this third edition covers the global financial crisis, the Greek bailout, the Euro crisis, the rise of China as a global monetary power, the renewed controversy over the international role of the U.S. dollar, and the currency war. Concise and nontechnical, and with a proven appeal to general readers, students, and specialists alike, Globalizing Capital is a must-read for anyone who wants to understand where the international economy has been-and where it may be going.
  • North Korea

    Patrick McEachern (Council on

    Product Code: BYNLL
    Paperback
    After a year of trading colorful barbs with the American president and significant achievements in North Korea's decades-long nuclear and missile development programs, North Korean leader Kim Jong Un declared mission accomplished in November 2017. Though Kim's pronouncement appears premature, North Korea is on the verge of being able to strike the United States with nuclear weapons. South Korea has long been in the North Korean crosshairs but worries whether the United States would defend it if North Korea holds the American homeland at risk. The largely ceremonial summit between US president Donald Trump and Kim Jong Un, and the unpredictability of both parties, has not quelled these concerns and leaves more questions than answers for the two sides' negotiators to work out. The Korean Peninsula's security situation is an intractable conflict, raising the question, "How did we get here?" In this book, former North Korea lead foreign service officer at the US embassy in Seoul Patrick McEachern unpacks the contentious and tangled relationship between the Koreas in an approachable question-and-answer format. While North Korea is famous for its militarism and nuclear program, South Korea is best known for its economic miracle, familiar to consumers as the producer of Samsung smartphones, Hyundai cars, and even K-pop music and K-beauty. Why have the two Koreas developed politically and economically in such radically different ways? What are the origins of a divided Korean Peninsula? Who rules the two Koreas? How have three generations of the authoritarian Kim dictatorship shaped North Korea? What is the history of North-South relations? Why does the North Korean government develop nuclear weapons? How do powers such as Japan, China, and Russia fit into the mix? What is it like to live in North and South Korea? This book tackles these broad topics and many more to explain what everyone needs to know about South and North Korea.
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  • The Myth of Independence

    Sarah A. Binder

    Product Code: BYIJC
    Paperback
    An in-depth look at how politics and economics shape the relationship between Congress and the Federal Reserve Born out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence marshals archival sources, interviews, and statistical analyses to trace the Fed's transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress's role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed's past, present, and future and challenge the myth of its independence.
  • Capitalism: A Graphic Guide

    Sharron Shatil

    Product Code: BXZPK
    Paperback
    Capitalism shapes every aspect of our world, beyond just our economic structures; it moulds our values and influences the way we write laws, wage wars and even conduct personal relationships. From its beginnings to the present day, Capitalism: A Graphic Guide tells the story of capitalism's remarkable and often ruthless rise, evolving through strife and struggle as much as innovation and enterprise. This non-fiction graphic novel explores the key developments that have shaped our modern world, from early banking to the Opium Wars, financial crashes, the rise of service economies and concerns about sustainability. It also introduces us to the leading proponents and critics of capitalism, providing both a theoretical and practical understanding of this fascinating subject.
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