American Economics

Madam C. J. Walker was beloved within her community for her philanthropy and expanding the local black YMCA, but she couldn't have done that if she weren't the first female self-made millionaire and one of the most successful African American business owners ever. Born Sarah Breedlove, she was the first person born free in her family. She married Charles Joseph Walker and became known as Madam C. J. Walker, the name she would later use on her haircare products.

IBM is in serious trouble. Big Blue, as the company is known, tends to rely for its success on magical thinking but that magic ran out a long time ago. The company got in trouble back in the 1990s and had to hire for the first time an outside CEO, Lou Gerstner, to save the day. Gerstner pushed IBM into services with spectacular results but this hurt the company, too. As services have became commoditized IBM could only compete by offshoring the work and quality suffered.

For some of the world's most powerful people, the Empire State Building is the ultimate prize. In a riveting chronicle of betrayal, revenge, family rivalry, and raw greed, Wall Street Journal columnist Pacelle tells the compelling tale of the Empire State Building ownership battle of the 1980s and '90s, bringing to life a colorful cast of characters that includes Donald Trump, Leona Helmsley, and the eccentric Japanese billionaire Hideki Yokoi.

One progressive social worker's observation and opinion as to the decline and collapse of the American social and economic system, in which the American dream is unfairly rigged from the moment we enter public education, where the rich continue to get richer and the rest of us are left to get it the best way we can.

In The Fix Was On, Murray Rothbard discusses why the United States replaced specie with fiat currency; the early days of American banking after the Revolutionary War; early central banks and the ultimate creation of the Federal Reserve; and how the Federal Reserve causes the boom/bust business cycle.

In 2005, Margaret Jones Bolsterli learned that her great-great-grandfather was a free mulatto named Jordan Chavis, who owned an antebellum plantation near Vicksburg, Mississippi. The news was a shock; Bolsterli had heard about the plantation in family stories told during her Arkansas Delta childhood, but Chavis' name and race had never been mentioned. With further exploration, Bolsterli found that when Chavis' children crossed the Mississippi River between 1859 and 1875 for exile in Arkansas, they passed into the white world, leaving the family’s racial history completely behind.

The American dream is having a mid-life crisis! It doesn't matter if you are a high level executive or a high school dropout, in this day and age people are on the hunt for more meaningful work. People realize that time is short and want to do something special and unique with their working lives. A quest which has resulted in frustration for many; luckily, crowdfunding has swooped in to save the day. For those looking to make the most out of the crowdfunding wave, a better time has never been upon us.

Whether the term "Black Wall Street" is familiar to you or not, this new audiobook, Black to the Future: Lessons from Black Wall Street for Community and Economic Prosperity, will provide fresh insights into this community. Those insights include key takeaways for the present day. In it, we will explore in detail how specific Black business pioneers and neighborhood residents created a sustainable model for community growth and empowerment.

Despite Brazil being part of the BRIC nations, those with the most potential for growth in the global economy, Brazil is considered economically backwards in many ways. You get an idea of this when you look deeper into its politics and economic policies. In this edition of Summary Shorts, we will analyze and summarize the ideas put forth in Brazillionaires, a book that truly exposes the dark side of Brazil's rise and arguably its inexorable fall.