Public History

The two great financial crises of the past century are the Great Depression of the 1930s and the Great Recession, which began in 2008. Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. Pain and suffering were widespread.

Hybrid war, grey-zone warfare, unrestricted war: Today, traditional conflict - fought with guns, bombs, and drones - has become too expensive to wage, too unpopular at home, and too difficult to manage. In an age when America threatens Europe with sanctions, and when China spends billions buying influence abroad, the world is heading for a new era of permanent low-level conflict, often unnoticed, undeclared, and unending.

In 1920-1921, Woodrow Wilson and Warren G. Harding met a deep economic slump by seeming to ignore it, implementing policies that most 21st-century economists would call backward. Confronted with plunging prices, wages, and employment, the government balanced the budget and, through the Federal Reserve, raised interest rates. No "stimulus" was administered, and a powerful, job-filled recovery was under way by late 1921. Yet by 1929, the economy spiraled downward as the Hoover administration adopted the policies that Wilson and Harding had declined to put in place.

In 2008, the American economy collapsed, taking with it millions of Americans' jobs, homes, and life savings. The impending financial crisis was devastating, and many are still feeling its effects today. Though the crisis was debilitating, the US government has yet to implement policies that would prevent a repeat of the Great Recession. Nothing Is Too Big to Fail holds a microscope to the very policies and corruption that led to this major economic recession.

Born in the two decades prior to World War I, George Patton, Bernard Montgomery, and Erwin Rommel became among the most recognized and successful military leaders of the twentieth century. However, as acclaimed military historian Lloyd Clark reveals in his penetrating and insightful braided chronicle of their lives, they charted very different, often interrupted, paths to their ultimate leadership positions commanding hundreds of thousands of troops during World War II and celebrated as heroes in the United States, Britain, and Germany.

In a tempestuous narrative that sweeps across five continents and seven centuries, this book explains how a succession of catastrophes—from the devastating Black Death of 1350 through the coming climate crisis of 2050—has produced a relentless succession of rising empires and fading world orders.

In combating terror, America can no longer depend on its conventional military superiority and the use of sophisticated technology. More than ever, we need men like those of the Army Special Forces---the legendary Green Berets. In Chosen Soldier, Dick Couch draws on nearly a year spent at Special Forces training facilities and offers an unprecedented view of the education of these men.

Music journalists Dean Budnick and Josh Baron chronicle the behind-the-scenes history of the modern concert industry. Filled with entertaining rock-and-roll anecdotes about The Rolling Stones, The Grateful Dead, Pearl Jam, and more - and charting the emergence of players like Ticketmaster, StubHub, Live Nation, and Outbox - Ticket Masters will transfix every concertgoer who wonders just where the price of admission really goes. This edition has an updated epilogue that covers recent industry developments.

As white supremacy, ultra-nationalism, rabid misogyny, and anti-immigrant fervor coalesce, a new and uniquely American form of fascism looms. Could our current moment actually bring about the end of democracy in the United States? Are Americans willing to surrender their freedom and dignity, along with their ongoing struggle for equality, justice, and mutual respect in the face of the rising tide of political and ideological extremism?

Among Buddhist traditions, Zen has been remarkably successful in garnering and sustaining interest outside the Buddhist homelands of Asia, and "zen" is now part of the global cultural lexicon. This deeply informed book explores the history of this enduring Japanese tradition - from its beginnings as a form of Buddhist thought and practice imported from China to its reinvention in medieval Japan as a force for religious, political, and cultural change to its role in Japan's embrace of modernity.

In May 1970, four days after Kent State, construction workers chased students through downtown Manhattan, beating scores of protesters bloody. As hardhats clashed with hippies, it soon became clear that something larger was underway - Democrats were at war with themselves. In The Hardhat Riot, David Paul Kuhn tells the fateful story of when the white working class first turned against liberalism, when Richard Nixon seized the breach, and America was forever changed.

The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s.

A new audiobook by the Pulitzer Prize–winning writer about the twenty-first-century Latino experience and identity. "Latino" is the most open-ended and loosely defined of the major race categories in the United States. Our Migrant Souls: A Meditation on Race and the Meanings and Myths of...

In Modern Social Imaginaries, Taylor continues his recent reflections on the theme of multiple modernities. To account for the differences among modernities, Taylor sets out his idea of the social imaginary, a broad understanding of the way a given people imagine their collective social life. Retelling the history of Western modernity, Taylor traces the development of a distinct social imaginary.

Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression, as well as the current economic malaise in Europe, were caused by a large run-up in household debt followed by a significantly large drop in household spending. Though the banking crisis captured the public's attention, Mian and Sufi argue strongly with actual data that current policy is too heavily biased toward protecting banks and creditors.

The second volume of William T. Vollmann's epic book about the factors and human actions that have led to global warming begins in the coal fields of West Virginia and Eastern Kentucky. Over the course of four years, Vollmann finds hollowed out towns with coal-polluted streams and acidified drinking water; makes covert visits to mountaintop removal mines; and offers documented accounts of unpaid fines for federal health and safety violations and of miners who died because their bosses cut corners to make more money.

An insider of both the Bush and Obama administrations offers an irrefutable indictment of the mishandling of the $700 billion Troubled Asset Relief Program bailouts and the extreme degree to which our government officials—from both parties—served the interests of Wall Street at the expense of the public. From his first day on the job as the special inspector general in charge of overseeing the distribution of the bailout money, Neil Barofsky found that the officials at the Treasury Department in charge of the bailouts were in thrall to the interests of the big banks.

Martin A. Lee traces the dramatic social history of marijuana, from its origins to its emergence in the 1960s as a defining force in a culture war that has never ceased. Lee describes how the illicit marijuana subculture overcame government opposition and morphed into a dynamic, multibillion-dollar industry. Colorful, illuminating, and at times irreverent, this is a fascinating listen for recreational users and patients, students and doctors, musicians and accountants, Baby Boomers and their kids, and anyone who has ever wondered about the secret life of this ubiquitous herb.

A toxic ideology rules the world of extreme competition and individualism. It misrepresents human nature, destroying hope and common purpose. Only a positive vision can replace it, a new story that re-engages people in politics and lights a path to a better world. George Monbiot shows how new findings in psychology, neuroscience and evolutionary biology cast human nature in a radically different light: as the supreme altruists and cooperators.

In the last few years, China's aid program has leapt out of the shadows. But China's tradition of secrecy about its aid fueled rumors and speculation, making it difficult to gauge the risks and opportunities provided by China's growing embrace. This well-timed book, by one of the world's leading experts, provides the first comprehensive account of China's aid and economic cooperation overseas. Deborah Brautigam tackles the myths and realities, explaining what the Chinese are doing, how they do it, how much aid they give, and how it all fits into their "going global" strategy.