Public History

In 2018, Ben Bernanke, Tim Geithner, and Hank Paulson came together to reflect on the lessons of the 2008 financial crisis 10 years on. Recognizing that, as Ben put it, "the enemy is forgetting," they examine the causes of the crisis, why it was so damaging, and what it ultimately took to prevent a second Great Depression. And they provide to their successors in the United States and the finance ministers and central bank governors of other countries a valuable playbook for reducing the damage from future financial crises.

Ever since the 1918 Spanish influenza pandemic, scientists have dreamed of preventing catastrophic outbreaks of infectious disease. Yet despite a century of medical progress, viral and bacterial disasters continue to take us by surprise, inciting panic and dominating news cycles. From the Spanish flu to the 1924 outbreak of pneumonic plague in Los Angeles to the 1930 "parrot fever" pandemic, through the more recent SARS, Ebola, and Zika epidemics, the last one hundred years have been marked by a succession of unanticipated pandemic alarms.

For 4,000 years, the size and vitality of cities, economies, and empires were heavily determined by infection. Striking humanity in waves, the cycle of plagues set the tempo of civilizational growth and decline, since common response to the threat was exclusion — quarantining the sick or keeping them out. But the unprecedented hygiene and medical revolutions of the past two centuries have allowed humanity to free itself from the hold of epidemic cycles — resulting in an urbanized, globalized, and unimaginably wealthy world.

Authors Barry Eichengreen, Asmaa El-Ganainy, Rui Esteves, and Kris James Mitchener argue that the ability of governments to issue debt has played a critical role in addressing emergencies—from wars and pandemics to economic and financial crises, as well as in funding essential public goods and services such as transportation, education, and healthcare. None of this is to deny that debt problems, debt crises, and debt defaults occur. But these dramatic events, which attract much attention, are not the entire story. In Defense of Public Debt redresses the balance.

Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice.

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.

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?

In London, only those with vast cash deposits can get on the property ladder, private rents have spiralled out of control and the wait for social housing is measured in decades. Once vibrant communities are being uprooted, schools are closing down and homelessness is rampant. It was not always like this. Tracing the last forty years of housing policy, Peter Apps examines this transformation, following a diverse group of Londoners as their fortunes rise and fall across the decades amid the economic forces sweeping through the city.

Why are cellphone plans so much more expensive in the United States than in Europe? It seems a simple question. But the search for an answer took Thomas Philippon on an unexpected journey through some of the most complex and hotly debated issues in modern economics. Ultimately, he reached a surprising conclusion: American markets, once a model for the world, are giving up on healthy competition.

In The Drone Age, Michael J. Boyle addresses some of the biggest questions surrounding the impact of drones on our world today and the risks that we might face tomorrow. Will drones produce a safer world because they reduce risk to pilots, or will the prospect of clean, remote warfare lead governments to engage in more conflicts? Will drones begin to replace humans on the battlefield? Will they empower soldiers and peacekeepers to act more precisely and humanely in crisis zones? How will terrorist organizations turn this technology back on the governments that fight them?

When Hu Jintao, China's then vice president, came to visit the New York Stock Exchange and Ground Zero in 2002, he asked Hank Paulson to be his guide. It was a testament to the pivotal role that Goldman Sachs played in helping China experiment with private enterprise. In Dealing with China, the best-selling author of On the Brink draws on his unprecedented access to both the political and business leaders of modern China to answer several key questions.

America's Nuclear Wastelands presents an expert, yet straightforward overview of this complex topic, including nuclear weapons history and contamination issues. The author, a government consultant with a long career in Pacific Northwest nuclear waste issues, also explores the current institutional and political environment, demonstrating the critical role of public participation for past and future generations.

This audiobook presents a fundamental reinterpretation of changes to crime control in the age of the new police. It breaks new ground by providing a highly detailed, empirical analysis of everyday crime control in Victorian provincial cities - revealing the tremendous activity that ordinary people displayed in responding to crime - alongside a rich survey of police organization and policing in practice.

A definitive study on the decades-long run of high public confidence in the military and why it may rest on some shaky foundations.

Historically, they have borne the labels "freaks" and "oddities"; they have been collected as pets, displayed as spectacles, and treated as comic relief. Now, for the first time, in this comprehensive volume, the lives of dwarfs are explored in all their fullness and humanity. Spanning the centuries from ancient Egypt to the present, this unique social history chronicles the various ways this population has been exploited, describes their strategies for coping, and notes the persistent influence of mythology upon perceptions of them by others.

Amid the ongoing reckoning over America’s history of anti-Black racism, scores of monuments to slaveowners and Confederate soldiers still proudly dot the country’s landscape, while schools and street signs continue to bear the names of segregationists. With poignant, lyrical prose, cultural commentator Irvin Weathersby confronts the inescapable specter of white supremacy in our open spaces and contemplates what it means to bear witness to sites of lasting racial trauma.

More than twenty years ago, 9/11 and the war in Afghanistan set into motion a hugely consequential shift in America's foreign policy: a perpetual state of war that is almost entirely invisible to the American public. War Made Invisible, by the journalist and political analyst Norman Solomon, exposes how this happened, and what its consequences are, from military and civilian casualties to drained resources at home.

Deep in the heart of the Amazon, the city of Rondon do Pará, Brazil, lived for decades in the shadow of land barons, or fazendeiros, who maintained control of the region through unscrupulous land grabs and egregious human rights violations. They razed and burned the jungle, expelled small-scale farmers and Indigenous tribes from their lands, and treated their farmhands as slaves—all with impunity.

The Theory of Business Enterprise (1904) is a political economy book by Thorstein Veblen which examines the growing corporate domination of culture and the economy. At its core, The Theory of Business Enterprise is an analysis of two intertwined but clashing motivations: that of business and that of industry. Business is the making of profits. Industry is the making of goods.

Spanning nine countries, filled with heroic tales of bold decisions and self-sacrifice, and probing vast historical undercurrents, "The Miracle" takes readers inside private boardroom meetings, heated business negotiations, factory floors, and presidential cabinet sessions for a behind-the-scenes look at the events that shaped Asia's economic ascent - and will shape the world in the century to come.