American Economics

The widening wealth gap is all too familiar to many Millennials and GenZers, especially when home ownership and the lack of debt seem like faraway fantasies. And it's no surprise when they only hold about 4.6% of the country's wealth while Boomers held 22% at around the same age. So what happened to the promise of the American Dream? In this entry of his celebrated Hidden History series, Thom Hartmann uncovers the rise of the American middle class through the progressive policies of FDR, through to its downfall with the increasing privatization and economic deregulations of the Reagan era.

A poignant memoir exploring small town baseball as a lens into what’s right and wrong with modern America—written by an acclaimed journalist and Army Ranger who, after returning from Iraq to a painfully divided country, rediscovered its core values in the bleachers of a minor league ballpark...

"Most people invest in the usual assets: real estate, gold, mutual funds, fixed deposits and stock markets. It's always the same four or five instruments. All they end up making is a measly 8 to 12 per cent per annum. Those who are exceptionally unfortunate get stuck in the middle of a crash and...

Today the very ideas that made America great imperil its future. Our plans go awry and policies fail. History's grandest war against terrorism creates more terrorists. Global capitalism, intended to improve lives, increases the gap between rich and poor. Decisions made to stem a financial crisis...

A New York Times Book Review Editors’ Choice “Extremely wide-ranging and well researched . . . In a tradition of protest literature rooted more in William Blake than in Marx.” —Adam Gopnik, The New Yorker The epic story of how coffee connected and divided the modern world Coffee...

For many centuries, the world of Islam was at the forefront of human achievement—the foremost military and economic power in the world, the leader in the arts and sciences of civilization. Christian Europe, a remote land beyond its northwestern frontier, was seen as an outer darkness of...

Physics professor, bestselling author, and dynamic storyteller James Kakalios reveals the mind-bending science behind the seemingly basic things that keep our daily lives running, from our smart phones and digital “clouds” to x-ray machines and hybrid vehicles. Most of us are clueless...

From an award-winning journalist comes this real-life cloak-and-dagger tale of Vera Atkins, one of Britain’s premiere secret agents during World War II. As the head of the French Section of the British Special Operations Executive, Vera Atkins recruited, trained, and mentored special...

Arthashastra' is one of the oldest books with immense historical significance written by Kautilya or Arya Chanakya as he was popularly known. This book is one of the most effective books ever written on the art of statecraft and the science of everyday living. Originally written in Sanskrit...

North Korea is one of the most troubled societies on earth. The country's 24 million people live under a violent dictatorship led by a single family, which relentlessly pursues the development of nuclear arms, which periodically incites risky military clashes with the larger, richer, liberal South, and which forces each and every person to play a role in the "theater state" even as it pays little more than lip service to the wellbeing of the overwhelming majority.

It may be hard to believe in an era of Walmart, Citizens United, and the Koch brothers, but corporations are on the decline. The number of American companies listed on the stock market dropped by half between 1996 and 2012. In recent years we've seen some of the most storied corporations go bankrupt (General Motors, Chrysler, Eastman Kodak) or disappear entirely (Bethlehem Steel, Lehman Brothers, Borders).

"Incisive debut treatise... Mohsin brings to the proceedings a reporter's eye for story" — Publisher's Weekly From Bloomberg News reporter Saleha Mohsin, the untold story of how one of America’s most invincible institutions—the Treasury—has used the U.S. dollar to define America’s...

The rich have always been different from you and me, but this revealing and funny journey through Richistan entertainingly shows that they are more different than ever. Richistanis have 400-foot-yachts, 30,000-square-foot homes, house staffs of more than 100, and their own "arborists". They're also different from Old Money, and have torn down blue-blood institutions to build their own shining empire.

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard—breaking the link between gold and the...

NATIONAL BESTSELLER A bold case for reimagining the American project and making American democracy real—from a formidable new voice in political journalism “The first thing I’ve read that provides a rigorous vision of how to refound this nation if we manage to survive the current...

A Federal Reserve insider pulls back the curtain on the secretive institution that controls America’s economy After correctly predicting the housing crash of 2008 and quitting her high-ranking Wall Street job, Danielle DiMartino Booth was surprised to find herself recruited as an analyst at...

“I can confidently say this will be one of my favorite books of 2024.” —Stephen King, bestselling author (and onetime millworker) “American Flannel is a wonderful book--surprising, entertaining, vivid and personal, but also enlightening on the largest questions of America's economic and...

From a MacArthur Genius ​MIT economist and pre-eminent Stanford economist comes a lively and provocative proposal for American health insurance reform Few of us need convincing that the American health insurance system needs reform. But many of the existing proposals focus on expanding one...

From award-winning writer Sarah Schulman, a longtime social activist and outspoken critic of the Israeli war on Gaza, comes a brilliant examination of the inherent psychological and social challenges to solidarity movements, and what that means for the future For those who seek to combat...

Since Alexis de Tocqueville, restlessness has been accepted as a signature American trait. Our willingness to move, take risks, and adapt to change have produced a dynamic economy and a tradition of innovation from Ben Franklin to Steve Jobs. The problem, according to legendary blogger, economist, and best-selling author Tyler Cowen, is that Americans today have broken from this tradition - we're working harder than ever to avoid change.