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After 9/11, Alan Greenspan, Chairman of the Federal Reserve Board, knew, if he needed any further reinforcement, that we're living in a new world--the world of a global capitalist economy that is vastly more flexible, resilient, open, self-directing, and fast-changing than it was even 20 years ago. It's a world that presents us with enormous new possibilities but also enormous new challenges. This book is Alan Greenspan's reckoning with the nature...
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"The riveting third edition of this New York Times bestselling title expands its focus to China, exposes corruption on an international scale, and offers much-needed solutions. Extensively updated, this edition features fourteen new chapters, including a new introduction and conclusion. The book brings the story of economic hit men (EHMs) up-to-date and focuses on China's EHM strategy. EHMs are highly paid professionals who use development loans to...
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"The surprising, often fiercely feminist, always fascinating, yet barely known, history of home economics. The term "home economics" may conjure traumatic memories of lopsided hand-sewn pillows or sunken cakes. But obscured by common conception is the story of the revolutionary science of better living. The field exploded opportunities for women in the twentieth century by reducing domestic work and providing jobs as professors, engineers, chemists,...
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In 2006, Ben S. Bernanke was appointed chair of the Federal Reserve, capping a meteoric trajectory from a rural South Carolina childhood to professorships at Stanford and Princeton, to public service in Washington's halls of power. There would be no time to celebrate, however -- the burst of the housing bubble in 2007 set off a domino effect that would bring the global financial system to the brink of meltdown. Here, Ben Bernanke pulls back the curtain...
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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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As chairman of the Federal Reserve (1979-1987), Paul Volcker slayed the inflation dragon that was consuming the American economy and restored the world's faith in central bankers. That extraordinary feat was just one pivotal episode in a decades-long career serving six presidents. Told with wit, humor, and down-to-earth erudition, the narrative of Volcker's career illuminates the changes that have taken place in American life, government, and the...
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A product of more than five years of research, Mallaby's magisterial biography of Alan Greenspan brings into focus the mysterious point where politics and the economy meet. Through Greenspan's story, Mallaby casts every presidency from Nixon to George W. Bush in a fresh new light. The story of Greenspan is also the story of the making of modern finance, for good and for ill. The Man Who Knew is a searching reckoning with what exactly comprised the...
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Milton Friedman's work was instrumental in the turn toward free markets that defined the 1980's, and his defenses of capitalism and freedom resonated with audiences around the world. Burns tells his extraordinary story, providing context for his groundbreaking work on everything from why dentists earn less than doctors, to the causes of the Great Depression, to the vital importance of the money supply, to inflation and the limits of government planning...
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The life and times of America's celebrated economist, assessing his lessons-and warnings-for us today.
John Kenneth Galbraith's books-among them The Affluent Society and American Capitalism-are famous for good reason. Written by a scholar renowned for energetic political engagement and irrepressible wit, they are models of provocative good sense that warn prophetically of the dangers of deregulated markets, war in Asia, corporate greed, and stock-market...
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"Featuring fifteen...new chapters, this expanded edition...brings the story of Economic Hit Men up-to-date and jackal assassins up to date and, chillingly, home to the United States. It also gives us hope and the tools to fight back"--Cover, page 4.
Economic hit men are the shock troops of what Perkins calls the corporatocracy, a vast network of corporations, banks, colluding governments, and the rich and powerful people tied to them. Perkins shares...
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"The amazing life story of Nobel Prize winning economist Milton Friedman can be complete and effectively told only when integrated with stories of the impact of his ideas here in the United States and throughout the world. No one person in the 20th century had such an impact on economic thinking worldwide, as has Milton Friedman. Yet his is a most unlikely story that he credits, in large measure, to "luck."
18) Empathy economics: Janet Yellen's remarkable rise to power and her drive to spread prosperity to all
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"Owen Ullmann's intimate portrait of the heart and mind of Janet Yellen is the riveting story of one of the most remarkable careers of recent times. The ultimate glass-ceiling buster, Yellen is the first person to hold all three of America's top economic policy positions: Treasury Secretary (the first woman to hold the job), chair of the Federal Reserve and of the President's Council of Economic Advisers. Yellen's sheer brilliance was certainly foundational,...
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