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A famous historian demonstrates that one can learn a lot about the contradictions that lie at the heart of America today by looking at them through the lens of the 1890s.
Discusses American literature, politics, and society in the 1880s and 1890s
From the early years of fur trading to today's Silicon Valley empires, America has proved to be an extraordinarily fertile land for the creation of enormous fortunes. Each generation has produced one or two phenomenally successful leaders, often in new industries that caught contemporaries by surprise, and each of these new fortunes reconfirmed the power of fanatically single-minded visionaries. John Jacob Astor and Cornelius Vanderbilt were the first American moguls; John D. Rockefeller, Andrew Carnegie, and J. P. Morgan were kingpins of the Gilded Age; David Sarnoff, Walt Disney, Ray Kroc, and Sam Walton were masters of mass culture. Today Oprah Winfrey, Andy Grove, and Bill Gates are giants of the Information Age. America has again and again been the land of dizzying mountains of wealth. Here, in a wittily told and deeply insightful history, is a complete set of portraits of America's greatest generators of wealth. Only such a collective study allows us to appreciate what makes the great entrepreneurs really tick. As H. W. Brands shows, these men and women are driven, they are focused, they deeply identify with the businesses they create, and they possess the charisma necessary to persuade other talented people to join them. They do it partly for the money, but mostly for the thrill of creation. The stories told here -- including how Nike got its start as a business-school project for Phil Knight; how Robert Woodruff almost refused to take control of Coca-Cola to spite his father; how Thomas Watson saved himself from prison by rescuing Dayton, Ohio, from a flood; how Jay Gould nearly cornered the gold market; how H. L. Hunt went from gambling at cards to gambling with oil leases -- make for a narrative that is always lively and revealing and often astonishing. An observer in 1850, studying John Jacob Astor, would not have predicted the rise of Henry Ford and the auto industry. Nor would a student of Ford in 1950 have anticipated the takeoff of direct marketing that made Mary Kay Ash a trusted guide for millions of American women. Full of surprising insights, written with H. W. Brands's trademark flair, the stories in Masters of Enterprise are must reading for all students of American business history.
"A raw, propulsive memoir about a woman trying to reinvent her life who finds that being free to make any choice means being free to make every mistake.."--
A Washington Post Notable Nonfiction Book for 2011 One of The Economist's 2011 Books of the Year In Reckless Endangerment, Gretchen Morgenson exposes how the watchdogs who were supposed to protect the country from financial harm were actually complicit in the actions that finally blew up the American economy. Drawing on previously untapped sources and building on original research from coauthor Joshua Rosner—who himself raised early warnings with the public and investors, and kept detailed records—Morgenson connects the dots that led to this fiasco. Morgenson and Rosner draw back the curtain on Fannie Mae, the mortgage-finance giant that grew, with the support of the Clinton administration, through the 1990s, becoming a major opponent of government oversight even as it was benefiting from public subsidies. They expose the role played not only by Fannie Mae executives but also by enablers at Countrywide Financial, Goldman Sachs, the Federal Reserve, HUD, Congress, and the biggest players on Wall Street, to show how greed, aggression, and fear led countless officials to ignore warning signs of an imminent disaster. Character-rich and definitive in its analysis, and with a new afterword that brings the story up to date, this is the one account of the financial crisis you must read.
global challenge and change. Instead of devoting the next year to embracing opportunity amid turmoil, though, the lawmakers waged the worst legislative assault in history against the commonsense safeguards we all depend on to protect our environment and health. In a single calendar year, the Republican-led House voted nearly 200 times to weaken, block, or delay needed measures that defend our air, water, wildlife, and lands. This book tells the story of that misguided campaign, how it put our nation at risk, and where we need to go from here, for the sake of Americans everywhere, for the sake of our children's future.
Can a single night’s deception lead to a lifelong love? On the eve of her wedding to a man she detests, Brynmore McCann can think of only one way to escape—by ruining herself—but the local lads leave her wholly uninspired. Just as she’s ready to accept her fate, she spots Maxwell Drake, home after nearly a decade. Even though he had loved her sister when they were young, Bryn has always considered him hers, and she can’t think of anyone she’d rather have bed her for the first time. Only she never intends for him to uncover her real name. Upon returning home, Maxwell is stunned by the news that his father may have left him an inheritance. As the unacknowledged by-blow of a local nobleman, Maxwell struggles with resentment over the way he and his mother were treated by his father and the village. To add to his troubles, he discovers the lass he spent an incredibly satisfying night with was not the village whore, but the high-born sister of his first love. He insists Brynmore travel with him to Edinburgh until they determine if she is with child. Because if she is, she’ll marry him whether she wants to or not. Along the road to Edinburgh, they are attacked by persons unknown. As the list of suspects who want them dead grows longer and his worries deepen, Maxwell prepares for an even more personal battle—how to keep from surrendering his heart to Brynmore. Warning: Contains a broody Scotsman, a fiery-haired lass, and a night of passion that changes everything. Readers are encouraged to bring a fan.
Why did the youthful optimism and openness of the sixties give way to Ronald Reagan and the spirit of conservative reaction--a spirit that remains ascendant today? Drawing on a wide array of sources--including tabloid journalism, popular fiction, movies, and television shows--Philip Jenkins argues that a remarkable confluence of panics, scares, and a few genuine threats created a climate of fear that led to the conservative reaction. He identifies 1975 to 1986 as the watershed years. During this time, he says, there was a sharp increase in perceived threats to our security at home and abroad. At home, America seemed to be threatened by monstrous criminals--serial killers, child abusers, Satanic cults, and predatory drug dealers, to name just a few. On the international scene, we were confronted by the Soviet Union and its evil empire, by OPEC with its stranglehold on global oil, by the Ayatollahs who made hostages of our diplomats in Iran. Increasingly, these dangers began to be described in terms of moral evil. Rejecting the radicalism of the '60s, which many saw as the source of the crisis, Americans adopted a more pessimistic interpretation of human behavior, which harked back to much older themes in American culture. This simpler but darker vision ultimately brought us Ronald Reagan and the ascendancy of the political Right, which more than two decades later shows no sign of loosening its grip. Writing in his usual crisp and witty prose, Jenkins offers a truly original and persuasive account of a period that continues to fascinate the American public. It is bound to captivate anyone who lived through this period, as well as all those who want to understand the forces that transformed--and continue to define--the American political landscape.
"* Chasing Alpha is the definitive insider s history of Britain s financial services sector, from the early days of New Labour to the present day. At the heart of the action is the revival of the City s institutions in the mid-nineties. Augar uses his peerless connections with the people and firms that made it happen to give a compelling narrative of how the City s golden generation turned London round. Then, as so often happens in finance, the City got carried away with its own success, boasting of a new risk-free economic paradigm that would make the world a richer place. Northern Rock gave the lie to this claim. Far from heralding the eclipse of finance capital, Augar will show how the City stands poised to emerge from the credit crunch stronger than ever. As New Labour heads towards electoral meltdown, the industry it did so much to nurture will embrace the opportunities afforded by David Cameron s even more business-friendly Conservatives. The guiding principle of th"
The Year That Defined American Journalism examines the 1897 conflict between the activist "yellow journalism" of William Randolph Hearst and its objective antithesis represented by the New York Times. No other year, arguably, has produced more memorable, singularly important, or defining moments in American journalism. This exceptional year brought the establishment of the White House Press Corps; the introduction of half-tone photographs to newspaper printing; the publication of American journalism's most famous editorial, "Is There A Santa Claus?"; and the inauguration of newspaper history's longest-running comic strip, the "Katzenjammer Kids." Moreover, the outcome of this conflict reshaped the profession and gave American journalism its modern contours. This work enriches not only our understanding of this decisive moment in journalism history, but also our understanding of how to do media history.