Series in Economic History
Books in Economic History
Can't Even
A BEST BOOK OF THE FALL AS SEEN IN: Apartment Therapy • Book Riot • Business Insider • BuzzFeed • Daily Nebraskan • Entertainment Weekly • Esquire • Fortune • Harper’s Bazaar • HelloGiggles • LinkedIn • O Magazine • Time Magazine “[A] razor sharp book of cultural criticism…With blistering prose and all-too vivid reporting, Petersen lays bare the burnout and despair of millennials, while also charting a path to a world where members of her generation can feel as if the boot has been removed from their necks.” — Esquire “ An analytically precise, deeply empathic book about the psychic toll modern capitalism has taken on those shaped by it. Can't Even is essential to understanding our age, and ourselves." —Ezra Klein, Vox co-founder and New York Times bestselling author of Why We're Polarized An incendiary examination of burnout in millennials—the cultural shifts that got us here, the pressures that sustain it, and the need for drastic change Do you feel like your life is an endless to-do list? Do you find yourself mindlessly scrolling through Instagram because you’re too exhausted to pick up a book? Are you mired in debt, or feel like you work all the time, or feel pressure to take whatever gives you joy and turn it into a monetizable hustle? Welcome to burnout culture. While burnout may seem like the default setting for the modern era, in Can’t Even , BuzzFeed culture writer and former academic Anne Helen Petersen argues that burnout is a definitional condition for the millennial generation, born out of distrust in the institutions that have failed us, the unrealistic expectations of the modern workplace, and a sharp uptick in anxiety and hopelessness exacerbated by the constant pressure to “perform” our lives online. The genesis for the book is Petersen’s viral BuzzFeed article on the topic, which has amassed over seven million reads since its publication in January 2019. Can’t Even goes beyond the original article, as Petersen examines how millennials have arrived at this point of burnout (think: unchecked capitalism and changing labor laws) and examines the phenomenon through a variety of lenses—including how burnout affects the way we work, parent, and socialize—describing its resonance in alarming familiarity. Utilizing a combination of sociohistorical framework, original interviews, and detailed analysis, Can’t Even offers a galvanizing, intimate, and ultimately redemptive look at the lives of this much-maligned generation, and will be required reading for both millennials and the parents and employers trying to understand them.
Creating the Twentieth Century: Technical Innovations of 1867-1914 and Their Lasting Impact
The period between 1867 and 1914 remains the greatest watershed in human history since the emergence of settled agricultural societies: the time when an expansive civilization based on synergy of fuels, science, and technical innovation was born. At its beginnings in the 1870s were dynamite, the telephone, photographic film, and the first light bulbs. Its peak decade - the astonishing 1880s - brought electricity - generating plants, electric motors, steam turbines, the gramophone, cars, aluminum production, air-filled rubber tires, and prestressed concrete. And its post-1900 period saw the first airplanes, tractors, radio signals and plastics, neon lights and assembly line production. This book is a systematic interdisciplinary account of the history of this outpouring of European and American intellect and of its truly epochal consequences. It takes a close look at four fundamental classes of these epoch-making innovations: formation, diffusion, and standardization of electric systems; invention and rapid adoption of internal combustion engines; the unprecedented pace of new chemical syntheses and material substitutions; and the birth of a new information age. These chapters are followed by an evaluation of the lasting impact these advances had on the 20th century, that is, the creation of high-energy societies engaged in mass production aimed at improving standards of living.
Greenback Planet: How the Dollar Conquered the World and Threatened Civilization as We Know It
The world runs on the U.S. dollar. From Washington to Beijing, governments, businesses, and individuals rely on the dollar to conduct commerce and invest profitably and safely—even after the global financial meltdown in 2008 revealed the potentially catastrophic cost of the dollar's hegemony. But how did the greenback achieve this planetary dominance a mere century and a half after President Lincoln issued the first currency backed only by the credit—and credibility—of the federal government? In Greenback Planet , acclaimed historian H. W. Brands charts the dollar's astonishing rise to become the world's principal currency. Telling the story with the verve of a novelist, he recounts key episodes in U.S. monetary history, from the Civil War debate over fiat money (greenbacks) to the recent worldwide financial crisis. Brands explores the dollar's changing relations to gold and silver and to other currencies and cogently explains how America's economic might made the dollar the fundamental standard of value in world finance. He vividly describes the 1869 Black Friday attempt to corner the gold market, banker J. P. Morgan's bailout of the U.S. treasury, the creation of the Federal Reserve, and President Franklin Roosevelt's handling of the bank panic of 1933. Brands shows how lessons learned (and not learned) in the Great Depression have influenced subsequent U.S. monetary policy, and how the dollar's dominance helped transform economies in countries ranging from Germany and Japan after World War II to Russia and China today. He concludes with a sobering dissection of the 2008 world financial debacle, which exposed the power—and the enormous risks—of the dollar's worldwide reign.
Individual Rights and Government Wrongs
From the Tea Parties to Occupy Wall Street, Americans are not happy with their government and they are making their displeasure known. But what is causing this divide? And what is the solution? Individual Rights and Government Wrongs examines two fundamentally different views regarding what type of nation America should be. Using examples from history and the contemporary world, this book looks at what happens when individuals are free and what happens when government intervenes in the lives of citizens. Individual Rights and Government Wrongs challenges both conservatives and progressives. It rejects the notion that government intervention is ever practical or moral, no matter the issue, no matter the “general welfare” that will allegedly result, no matter the “will of the people.” If you are concerned about the future of America, Individual Rights and Government Wrongs will give you the intellectual ammunition you need to fight current trends.
The Real Price of Everything
In his New York Times bestsellers Liar’s Poker and Moneyball , Michael Lewis gave us an unprecedented look at what goes on behind the scenes on Wall Street. Now he takes us back across the centuries to explore the four classics that created and defined not just Wall Street, but the entire economic system we live under today. Brought together with Lewis’s illuminating editorial commentary, they form an essential reference for any student of economics—in fact, for anyone who wants to understand the market forces and government policies that have shaped our world, and will continue to shape our future. Includes: 1776: The Wealth of Nations by Adam Smith 1798: An Essay on the Principle of Population by Thomas Malthus 1817: Principles of Political Economy and Taxation by David Ricardo 1899: The Theory of the Leisure Class: An Economic Study of Institutions by Thorstein Veblen 1936: The General Theory of Employment, Interest, and Money by John Maynard Keynes
Transforming the Twentieth Century: Technical Innovations and Their Consequences: Technical Innovations and Their Consequences v. 2
This inquiry into the technical advances that shaped the 20th century follows the evolutions of all the principal innovations introduced before 1913 (as detailed in the first volume) as well as the origins and elaborations of all fundamental 20th century advances. The history of the 20th century is rooted in amazing technical advances of 1871-1913, but the century differs so remarkably from the preceding 100 years because of several unprecedented combinations. The 20th century had followed on the path defined during the half century preceding the beginning of World War I, but it has traveled along that path at a very different pace, with different ambitions and intents. The new century's developments elevated both the magnitudes of output and the spatial distribution of mass industrial production and to new and, in many ways, virtually incomparable levels. Twentieth century science and engineering conquered and perfected a number of fundamental challenges which remained unresolved before 1913, and which to many critics appeared insoluble. This book is organized in topical chapters dealing with electricity, engines, materials and syntheses, and information techniques. It concludes with an extended examination of contradictory consequences of our admirable technical progress by confronting the accomplishments and perils of systems that brought liberating simplicity as well as overwhelming complexity, that created unprecedented affluence and equally unprecedented economic gaps, that greatly increased both our security and fears as well as our understanding and ignorance, and that provided the means for greater protection of the biosphere while concurrently undermining some of the key biophysical foundations of life on Earth. Transforming the Twentieth Century will offer a wide-ranging interdisciplinary appreciation of the undeniable technical foundations of the modern world as well as a multitude of welcome and worrisome consequences of these developments. It will combine scientific rigor with accessible writing, thoroughly illustrated by a large number of appropriate images that will include historical photographs and revealing charts of long-term trends.
Wall Street
Wall Street: no other place on earth is so singularly identified with money and the power of money. And no other American institution has inspired such deep moral, cultural, and political ambivalence. Is the Street an unbreachable bulwark defending commercial order? Or is it a center of mad ambition? This book recounts the colorful history of America’s love-hate relationship with Wall Street. Steve Fraser frames his fascinating analysis around the roles of four iconic Wall Street typesthe aristocrat, the confidence man, the hero, and the immoralistall recurring figures who yield surprising insights about how the nation has wrestled, and still wrestles, with fundamental questions of wealth and work, democracy and elitism, greed and salvation. Spanning the years from the first Wall Street panic of 1792 to the dot.com bubble-and-bust and Enron scandals of our own time, the book is full of stories and portraits of such larger-than-life figures as J. P. Morgan, Cornelius Vanderbilt, and Michael Milken. Fraser considers the conflicting attitudes of ordinary Americans toward the Street and concludes with a brief rumination on the recent notion of Wall Street as a haven for Everyman.