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54 books · Read · subject Economics · page 2 of 3

The Bottom Billion: Why the Poorest Countries Are Failing and What Can Be Done About It

Paul Collier

★★★☆☆
Read Basic intel Economics US Civil War ISBN 9780195311457

Oxford University Press · 2007

In the universally acclaimed and award-winning The Bottom Billion, Paul Collier reveals that fifty failed states--home to the poorest one billion people on Earth--pose the central challenge of the developing world in the twenty-first century. The book shines much-needed light on this group of small nations, largely unnoticed by the industrialized West, that are dropping further and further behind the majority of the world's people, often falling into an absolute decline in living standards. A struggle rages within each of these nations between reformers and corrupt leaders--and the corrupt are winning. Collier analyzes the causes of failure, pointing to a set of traps that ensnare these countries, including civil war, a dependence on the extraction and export of natural resources, and bad governance. Standard solutions do not work, he writes; aid is often ineffective, and globalization can actually make matters worse, driving development to more stable nations. What the bottom billion need, Collier argues, is a bold new plan supported by the Group of Eight industrialized nations. If failed states are ever to be helped, the G8 will have to adopt preferential trade policies, new laws against corruption, new international charters, and even conduct carefully calibrated military interventions. Collier has spent a lifetime working to end global poverty. In The Bottom Billion, he offers real hope for solving one of the great humanitarian crises facing the world today.

The Muqaddimah: An Introduction to History

Ibn Khaldun

★★★☆☆
Read Advanced intel Military history Middle East Biography Economics ISBN 9789953432540

Commission internationale pour la traduction des chefs-d'oeuvre · 1858

كتاب في التاريخ وعلم الإجتماع، هذا الكتاب مقدمة لكتاب في التاريخ، أراد فيه ابن خلدون أن يشرح علم التاريخ وأحوال المجتمعات وسياستها وأسباب نشوئها، فإن كان علم الإجتماع يعود لمؤسس فلا شك أنه يعود لابن خلدون، وتعتبر المقدمة مرجعا مهما لكل باحث في التاريخ أو علم الإجتماع أو باحث في أسباب نشوء الأمم أو جغرافية وحدود كثير من الدول في تلك الفترة، سواء كان الباحث عربي أو أجنبي

Why Nations Fail: The Origins of Power, Prosperity, and Poverty

Daron Acemoğlu

★★★☆☆
Read Basic intel Korea Cold War China Russia / USSR Economics ISBN 9780307719218

Crown Publishers · 2012

Brilliant and engagingly written, Why Nations Fail answers the question that has stumped the experts for centuries: Why are some nations rich and others poor, divided by wealth and poverty, health and sickness, food and famine? Is it culture, the weather, geography? Perhaps ignorance of what the right policies are? Simply, no. None of these factors is either definitive or destiny. Otherwise, how to explain why Botswana has become one of the fastest growing countries in the world, while other African nations, such as Zimbabwe, the Congo, and Sierra Leone, are mired in poverty and violence? Daron Acemoglu and James Robinson conclusively show that it is man-made political and economic institutions that underlie economic success (or lack of it). Korea, to take just one of their fascinating examples, is a remarkably homogeneous nation, yet the people of North Korea are among the poorest on earth while their brothers and sisters in South Korea are among the richest. The south forged a society that created incentives, rewarded innovation, and allowed everyone to participate in economic opportunities. The economic success thus spurred was sustained because the government became accountable and responsive to citizens and the great mass of people. Sadly, the people of the north have endured decades of famine, political repression, and very different economic institutions—with no end in sight. The differences between the Koreas is due to the politics that created these completely different institutional trajectories. Based on fifteen years of original research Acemoglu and Robinson marshall extraordinary historical evidence from the Roman Empire, the Mayan city-states, medieval Venice, the Soviet Union, Latin America, England, Europe, the United States, and Africa to build a new theory of political economy with great relevance for the big questions of today, including:    - China has built an authoritarian growth machine. Will it continue to grow at such high speed and overwhelm the West?    - Are America’s best days behind it? Are we moving from a virtuous circle in which efforts by elites to aggrandize power are resisted to a vicious one that enriches and empowers a small minority?    - What is the most effective way to help move billions of people from the rut of poverty to prosperity? More philanthropy from the wealthy nations of the West? Or learning the hard-won lessons of Acemoglu and Robinson’s breakthrough ideas on the interplay between inclusive political and economic institutions? Why Nations Fail will change the way you look at—and understand—the world.

Outliers: The Story of Success

Malcolm Gladwell

★★☆☆☆
Read Economics ISBN 9780316017923

Little, Brown and Co. · 2008

In this stunning book, Malcolm Gladwell takes us on an intellectual journey through the world of "outliers"—the best and the brightest, the most famous and the most successful. He asks the question: what makes high-achievers different? His answer is that we pay too much attention to what successful people are like, and too little attention to where they are from: that is, their culture, their family, their generation, and the idiosyncratic experiences of their upbringing. Along the way he explains the secrets of software billionaires, what it takes to be a great soccer player, why Asians are good at math, and what made the Beatles the greatest rock band.

The Great Gatsby

F. Scott Fitzgerald

★★☆☆☆
Read Economics ISBN 9780743273565

Independently Published · 2021

Alternate covers of this ISBN can be found here, here and here. The only edition of the beloved classic that is authorized by Fitzgerald’s family and from his lifelong publisher. This edition is the enduring original text, updated with the author’s own revisions, a foreword by his granddaughter, and with a new introduction by National Book Award winner Jesmyn Ward. The Great Gatsby, F. Scott Fitzgerald’s third book, stands as the supreme achievement of his career. First published by Scribner in 1925, this quintessential novel of the Jazz Age has been acclaimed by generations of readers. The story of the mysteriously wealthy Jay Gatsby and his love for the beautiful Daisy Buchanan is an exquisitely crafted tale of America in the 1920s.

Absolute War: Soviet Russia in the Second World War

Christopher Bellamy

unrated
Read Economics Military history Logistics WWII Cold War Russia / USSR Logistics Economics ISBN 9780375410864

Knopf · October 30, 2007

The battle on the Eastern Front between 1941 and 1945 was arguably the single most decisive factor of World War II, fixing the course of world history over the next half century. Now, drawing on sources newly available since the collapse of the Soviet Union and the reunification of Germany, historian and journalist Chris Bellamy presents the first full account of this deadly conflict. Bellamy outlines the lead-up to the war—in which the fragile alliance between Hitler and Stalin was unceremoniously broken—and takes us headlong into the hostilities. He presents a shocking picture of battle in which the traditional restraints of “civilized” warfare were shed. He makes clear how the Soviets quickly rallied against Hitler, choosing homegrown despotism over foreign domination in a struggle that the Russian people call the Great Patriotic War. Bellamy charts the early gains of the German army, whose advances into Soviet territory were brought to a halt in Moscow in the winter of 1941, and whose defeat was sealed in the Battle of Stalingrad, the most merciless campaign of the bloodiest front. He shows how Soviet men—and women—joined to fight a war whose casualties were later steeply underestimated by their government, and how even the true death toll, at 27 million, does not take into account the millions of lives on both sides that lay shattered in the aftermath. Finally, Bellamy examines the far-reaching consequences of the battle’s outcome—the reverberations of which are still felt today—and argues that the cost of victory was ultimately too much for the Soviet Union to bear. A magisterial study, and an essential addition to our understanding of contemporary world history.

Alexander Hamilton

Ron Chernow

unrated
Read Biographies Biography Economics ISBN 9781524708658

Penguin Random House Audio · 2004

An alternate cover edition can be found here. Pulitzer Prize-winning author Ron Chernow presents a landmark biography of Alexander Hamilton, the Founding Father who galvanized, inspired, scandalized, and shaped the newborn nation. In the first full-length biography of Alexander Hamilton in decades, Ron Chernow tells the riveting story of a man who overcame all odds to shape, inspire, and scandalize the newborn America. According to historian Joseph Ellis, Alexander Hamilton is “a robust full-length portrait, in my view the best ever written, of the most brilliant, charismatic and dangerous founder of them all.” Few figures in American history have been more hotly debated or more grossly misunderstood than Alexander Hamilton. Chernow’s biography gives Hamilton his due and sets the record straight, deftly illustrating that the political and economic greatness of today’s America is the result of Hamilton’s countless sacrifices to champion ideas that were often wildly disputed during his time. “To repudiate his legacy,” Chernow writes, “is, in many ways, to repudiate the modern world.” Chernow here recounts Hamilton’s turbulent life: an illegitimate, largely self-taught orphan from the Caribbean, he came out of nowhere to take America by storm, rising to become George Washington’s aide-de-camp in the Continental Army, coauthoring The Federalist Papers, founding the Bank of New York, leading the Federalist Party, and becoming the first Treasury Secretary of the United States.Historians have long told the story of America’s birth as the triumph of Jefferson’s democratic ideals over the aristocratic intentions of Hamilton. Chernow presents an entirely different man, whose legendary ambitions were motivated not merely by self-interest but by passionate patriotism and a stubborn will to build the foundations of American prosperity and power. His is a Hamilton far more human than we’ve encountered before—from his shame about his birth to his fiery aspirations, from his intimate relationships with childhood friends to his titanic feuds with Jefferson, Madison, Adams, Monroe, and Burr, and from his highly public affair with Maria Reynolds to his loving marriage to his loyal wife Eliza. And never before has there been a more vivid account of Hamilton’s famous and mysterious death in a duel with Aaron Burr in July of 1804. Chernow’s biography is not just a portrait of Hamilton, but the story of America’s birth seen through its most central figure. At a critical time to look back to our roots, Alexander Hamilton will remind readers of the purpose of our institutions and our heritage as Americans.

China in the Anti-Japanese War, 1937-1945: Politics, Culture, and Society

David P. Barrett

unrated
Read China Economics Privacy Military history China Economics ISBN 9780820445564

Peter Lang Publishing · November 1, 2000

This book is a collection of eleven articles written by scholars of international repute that specializes in the history of China during her long war against Japan from 1937 to 1945. The topics addressed include political, economic, social, and diplomatic issues related to wartime China based on materials newly opened for research. They give strong evidence that the Sino-Japanese War was of a complexity and magnitude that must be understood in terms that go far beyond those solely of its military dimensions.

China Station: The British Military in the Middle Kingdom 1839 – 1997

Mark Felton

unrated
Read Military history Naval China Economics US Civil War ISBN 9781781590690

Pen and Sword Military · Oct 19, 2013

The author, who lives in Shanghai, sets out to demonstrate that the British military has been at the forefront of many of the great changes that have swept China over the last two centuries. The author, who lives in Shanghai, sets out to demonstrate that the British military has been at the forefront of many of the great changes that have swept China over the last two centuries. He devotes chapters to the various wars, military adventures and rebellions that regularly punctuated Sino/British relationships since the 1st Opium War 1839-1842. This classic example of Imperial intervention saw the establishment of Hong Kong and Shanghai as key trading centers. The Second Opium War and the Taiping and Boxer Rebellions saw the advancement of British influence despite determined but unsuccessful efforts by the Chinese to loosen the grip of Western domination. The Royal Navy's might ensured that, by gunboat diplomacy, trading rights and new posts were established and great fortunes made. But in the 1940s the British grossly underestimated Japanese military might and intentions with disastrous results. After the Second World War the British returned to find that the Americans had supplanted them. The Communists victory in the Civil War sealed British and Western fates and, while Hong Kong remained under British control until 1997, the end of British rule was almost inevitable. But the handover was a masterly piece of pragmatic capitalism and the former Colony remains an economic powerhouse with strong British influence.

Eating for Victory: Food Rationing and the Politics of Domesticity

Amy Bentley

unrated
Read Economics Military history Logistics WWII Logistics Economics ISBN 0252024192

University of Illinois Press · 1998

      Victory gardens, ration books.         While men fought overseas, women fought the war at home, by going to work         and, more subtly, by feeding their families. Mandatory food rationing         during World War II challenged, for the first time, the image of the United         States as a land of plenty and collapsed the boundaries between women's         public and private lives by declaring home production and consumption         to be political activities.       In this fascinating cultural         history, Amy Bentley examines the food-related propaganda surrounding         rationing. She also explores the dual message purveyed by government and         the media that while mandatory rationing was necessary (enabling enough         food to be sent to the U.S. military and Allies overseas), women, black         and white, were also "required" to provide their families with nutritious         food.       Eating for Victory         explores the role of the Wartime Homemaker (media counterpart to the more         familiar Rosie the Riveter) as a pivotal component not only of World War         II but of the development of the United States into a superpower.

No cover · Amazon

Eating for Victory: Healthy Home Front Cooking on War Rations

Jill Norman

unrated
Read Logistics Economics Naval Logistics Economics

Food rationing was introduced in England in January 1940 after supply ships were attacked by German U-boats. The first food items to be rationed were butter, sugar, bacon, and ham, though restrictions were also eventually placed on meat, fish, jam, biscuits, cheese, eggs, and milk. In response, the Ministry of Food produced a series of "Eating for Victory" pamphlets that advised the general public on how to cope with these shortages. Designed to lift spirits in a time of shortage, these jolly leaflets contained a variety of recipes and cooking advice ranging from how to make steamed and boiled puddings and hints on how to reconstitute dried eggs. For all the hardship that rationing brought, the food restrictions resulted in many people eating more healthily than ever before. A nostalgic look back at one of the most difficult and yet healthiest times in history, this quaint collection is also a relevant guide to good eating today.

Failed States and Fragile Societies: A New World Disorder? (Baker Series in Peace and Conflict Stud)

Ingo Trauschweizer

unrated
Read Advanced intel Cold War Middle East Economics ISBN 9780821420904

Ohio University Press · 2014

Since the end of the Cold War, a new dynamic has arisen within the international system, one that does not conform to established notions of the state’s monopoly on war. In this changing environment, the global community must decide how to respond to the challenges posed to the state by military threats, political and economic decline, and social fragmentation. This insightful work considers the phenomenon of state failure and asks how the international community might better detect signs of state decay at an early stage and devise legally and politically legitimate responses. This collection of essays brings military and social historians into conversation with political and social scientists and former military officers. In case studies from the former Yugoslavia, Somalia, Iraq, and Colombia, the distinguished contributors argue that early intervention to stabilize social, economic, and political systems offers the greatest promise, whereas military intervention at a later stage is both costlier and less likely to succeed. Contributors : David Carment, Yiagadeesen Samy, David Curp, Jonathan House, James Carter, Vanda Felbab-Brown, Robert Rotberg, and Ken Menkhaus.

Fire & Steam: How the Railways Transformed Britain

Christian Wolmar

unrated
Read Logistics Military history Logistics Economics Orthodox / theology ISBN 9781843546290

Atlantic · 2007

Now in paperback, Fire and Steam tells the dramatic story of the people and events that shaped the world’s first railway network, one of the most impressive engineering achievements in history. The opening of the pioneering Liverpool and Manchester Railway in 1830 marked the beginning of the railways’ vital role in changing the face of Britain. Fire and Steam celebrates the vision and determination of the ambitious Victorian pioneers who developed this revolutionary transport system and the navvies who cut through the land to enable a country-wide network to emerge. The rise of the steam train allowed goods and people to circulate around Britain as never before, stimulating the growth of towns and industry, as well many of the facets of modern life, from fish and chips to professional football. From the early days of steam to electrification, via the railways’ magnificent contribution in two world wars, the checkered history of British Rail, and the buoyant future of the train, Fire and Steam examines the social and economical importance of the railway and how it helped to form the Britain of today.

Human Action: A Treatise on Economics

Ludwig von Mises

unrated
Read Economics Economics ISBN 0809297434

Contemporary Books · 1966

In the foreword to Human Action: A Treatise on Economics, Mises explains complex market phenomena as "the outcomes of countless conscious, purposive actions, choices, and preferences of individuals, each of whom was trying as best as he or she could under the circumstances to attain various wants and ends and to avoid undesired consequences." It is individual choices in response to personal subjective value judgments that ultimately determine market phenomena—supply and demand, prices, the pattern of production, and even profits and losses. Although governments may presume to set "prices," it is individuals who, by their actions and choices through competitive bidding for money, products, and services, actually determine "prices". Thus, Mises presents economics—not as a study of material goods, services, and products—but as a study of human actions. He sees the science of human action, praxeology, as a science of reason and logic, which recognizes a regularity in the sequence and interrelationships among market phenomena. Mises defends the methodology of praxeology against the criticisms of Marxists, socialists, positivists, and mathematical statisticians. Mises attributes the tremendous technological progress and the consequent increase in wealth and general welfare in the last two centuries to the introduction of liberal government policies based on free-market economic teachings, creating an economic and political environment which permits individuals to pursue their respective goals in freedom and peace. Mises also explains the futility and counter-productiveness of government attempts to regulate, control, and equalize all people's circumstances: "Men are born unequal and ... it is precisely their inequality that generates social cooperation and civilization." Ludwig von Mises (1881–1973) was the leading spokesman of the Austrian School of Economics throughout most of the twentieth century. He earned his doctorate in law and economics from the University of Vienna in 1906. In 1926, Mises founded the Austrian Institute for Business Cycle Research. From 1909 to 1934, he was an economist for the Vienna Chamber of Commerce. Before the Anschluss, in 1934 Mises left for Geneva, where he was a professor at the Graduate Institute of International Studies until 1940, when he emigrated to New York City. From 1948 to 1969, he was a visiting professor at New York University. Bettina Bien Greaves is a former resident scholar, trustee, and longtime staff member of the Foundation for Economic Education. She has written and lectured extensively on topics of free market economics. Her articles have appeared in such journals as Human Events, Reason, and The Freeman: Ideas on Liberty. A student of Mises, Greaves has become an expert on his work in particular and that of the Austrian School of economics in general. She has translated several Mises monographs, compiled an annotated bibliography of his work, and edited collections of papers by Mises and other members of the Austrian School.

Japan Prepares for Total War: The Search for Economic Security, 1919-1941

Michael A. Barnhart

unrated
Read Logistics Military history WWII Naval Logistics Economics ISBN 0801419158

Cornell University Press · 1991

The roots of Japan's aggressive, expansionist foreign policy have often been traced to its concern over acute economic vulnerability. Historian Michael Barnhart tests this assumption by examining the events leading up to World War II in the context of Japan's quest for economic security. Drawing on a wide array of Japanese and American sources, this is the first English-language book on the war's origins to be based on research in archives on both sides of the Pacific. Barnhart focuses on the critical years from 1938 to 1941 as he investigates the development of Japan's drive for national economic self-sufficiency and independence and the way in which this drive shaped its internal and external policies. He also explores American economic pressure on Tokyo and assesses its impact on Japan's foreign policy and domestic economy. He concludes that Japan's internal political dynamics, especially the bitter rivalry between its army and navy, played a far greater role in propelling the nation into war with the United States than did its economic condition or even pressure from Washington. Japan Prepares for Total War sheds new light on prewar Japan and confirms the opinions of those in Washington who advocated economic pressure against Japan. At a time of growing interest in U.S.-Japanese economic relations, this book will be stimulating and provocative reading for scholars and students of international relations and American and Asian history.

No cover · Amazon

Merchant Shipping and the Demands of War

C.B.A. Behrens

unrated
Read Economics Military history Logistics WWII Logistics Strategy / theory Economics

This book is perhaps the most little read and yet at the same time the most important official history you will read about WW2. If you really want to understand the nature of second world war an understanding of how management of merchant shipping and the control of port clearance is essential. In most areas of the war FDR relegated management to his military commanders. The only aspect of the war which he maintained direct control of was the 'War Shipping Administration, such was its importance to Allied strategy. The 'Germany First' strategy was not a choice, but something forced upon the US Army. Eisehnower pointed out in a very influential paper that a campaign in the Pacific would take 4 times as many ships as a campaign Europe and that it was the shortage of shipping load that determined strategy. Many of the highly complex tables and appedencies have been removed from this edition to make it readable on smaller, A5 size readers

On the Farm Front: The Women's Land Army in World War II

Stephanie A. Carpenter

unrated
Read Economics Military history Logistics WWII Logistics Intel history Economics ISBN 0875803148

Northern Illinois University Press · 2003

Rosie the Riveter is an icon for women's industrial contribution to World War II, but history has largely overlooked the three million women who served on America's agricultural front. The Women's Land Army sent volunteers to farms, canneries, and dairies across the country, accounting for the majority of wartime agricultural labor. On the Farm Front tells for the first time the remarkable story of these women who worked to ensure both "Freedom from Want" at home and victory abroad. Formed in 1943 as part of the Emergency Farm Labor Program, the WLA placed its workers in areas where American farmers urgently needed assistance. Many farmers in even the most desperate areas, however, initially opposed women working their land. Rural administrators in the Midwest and the South yielded to necessity and employed several hundred thousand women as farm laborers by the end of the war, but those in the Great Plains and eastern Rocky Mountains remained hesitant, suffering serious agricultural and financial losses as a consequence. Carpenter reveals for the first time how the WLA revolutionized the national view of farming. By accepting all available women as agricultural workers, farmers abandoned traditional labor and stereotypical social practices. When the WLA officially disbanded in 1945, many of its women chose to remain in their agricultural jobs rather than return to a full-time home life or prewar employment. On the Farm Front illuminates the Women's Land Army's unique contribution to prosperity and victory, showing how this landmark organization changed the role of women in American society.

Ostkrieg: Hitler's War of Extermination in the East

Stephen G. Fritz

unrated
Read Basic intel Advanced intel Military history Logistics WWII Cold War Russia / USSR Logistics Economics ISBN 9780813134161

University Press of Kentucky · 2011

On June 22, 1941, Germany launched the greatest land assault in history on the Soviet Union, an attack that Adolf Hitler deemed crucial to ensure German economic and political survival. As the key theater of the war for the Germans, the eastern front consumed enormous levels of resources and accounted for 75 percent of all German casualties. Despite the significance of this campaign to Germany and to the war as a whole, few English-language publications of the last thirty-five years have addressed these pivotal events. In Ostkrieg: Hitler's War of Extermination in the East , Stephen G. Fritz bridges the gap in scholarship by incorporating historical research from the last several decades into an accessible, comprehensive, and coherent narrative. His analysis of the Russo-German War from a German perspective covers all aspects of the eastern front, demonstrating the interrelation of military events, economic policy, resource exploitation, and racial policy that first motivated the invasion. This in-depth account challenges accepted notions about World War II and promotes greater understanding of a topic that has been neglected by historians.

Rations of the German Wehrmacht in World War II

Jim Pool

unrated
Read Economics Military history Logistics WWII Logistics Economics ISBN 9780764335204

Schiffer Pub. · 2010

This book is the definitive reference on the topic. Lavishly illustrated with over 600 photographs and over 200 charts, wartime advertisements and other educational aids, it represents the most accurate and detailed look at the rations provided to the German soldier in World War II. Relying mainly on wartime German and American references, most unknown to the general public, this book dispels the many myths associated with German rations of World War II. Covering all the major food groups Emergency and Special rations, Scho-ka-kola, the supply system and wartime packaging materials and construction this book is a must for every serious collector and historian of the German military in World War II.

Savage Continent: Europe in the Aftermath of World War II

Keith Lowe

unrated
Read Advanced intel Military history Logistics WWII Logistics Intel history Economics US Civil War ISBN 9781250000200

St. Martin's Press · 2012

The Second World War might have officially ended in May 1945, but in reality it rumbled on for another ten years... The end of the Second World War in Europe is one of the twentieth century’s most iconic moments.  It is fondly remembered as a time when cheering crowds filled the streets, danced, drank and made love until the small hours.  These images of victory and celebration are so strong in our minds that the period of anarchy and civil war that followed has been forgotten.  Across Europe, landscapes had been ravaged, entire cities razed and more than thirty million people had been killed in the war. The institutions that we now take for granted - such as the police, the media, transport, local and national government - were either entirely absent or hopelessly compromised. Crime rates were soaring, economies collapsing, and the European population was hovering on the brink of starvation.  In Savage Continent, Keith Lowe describes a continent still racked by violence, where large sections of the population had yet to accept that the war was over.  Individuals, communities and sometimes whole nations sought vengeance for the wrongs that had been done to them during the war. Germans and collaborators everywhere were rounded up, tormented and summarily executed.  Concentration camps were reopened and filled with new victims who were tortured and starved.  Violent anti-Semitism was reborn, sparking murders and new pogroms across Europe.  Massacres were an integral part of the chaos and in some places – particularly Greece, Yugoslavia and Poland, as well as parts of Italy and France – they led to brutal civil wars. In some of the greatest acts of ethnic cleansing the world has ever seen, tens of millions were expelled from their ancestral homelands, often with the implicit blessing of the Allied authorities. Savage Continent is the story of post WWII Europe, in all its ugly detail, from the end of the war right up until the establishment of an uneasy stability across Europe towards the end of the 1940s.  Based principally on primary sources from a dozen countries, Savage Continent is a frightening and thrilling chronicle of a world gone mad, the standard history of post WWII Europe for years to come.

The Downfall of Money: Germany’s Hyperinflation and the Destruction of the Middle Class

Frederick Taylor

unrated
Read Economics Logistics Logistics Economics ISBN 9781620402368

2013

A hundred years ago, many theorists believed-just as they did at the beginning of our twenty-first century-that the world had reached a state of economic perfection, a never before seen human interdependence that would lead to universal growth and prosperity. Then, as now, the German mark was one of the most trusted currencies in the world. Yet the early years of the Weimar Republic in Germany witnessed the most calamitous meltdown of a developed economy in modern times. The Downfall of Money will tell anew the dramatic story of the hyperinflation that saw the mark-worth 4.2 to the dollar in 1914-plunge until it traded at over 4 trillion to 1 by the autumn of 1923. The story of the Weimar Republic's financial crisis clearly resonates today, when the world is again anxious about what money is, what it means, and how we can judge if its value is true. It is a trajectory of events uncomfortably relevant for our own uncertain world. Frederick Taylor-one of the leading historians of Germany writing today- explores the causes of the crisis and what the collapse meant to ordinary people and traces its connection to the dark decades that followed. Drawing on a wide range of sources and accessibly presenting vast amounts of research, The Downfall of Money is a timely and chilling exploration of a haunting episode in history.

The Gulag at War: Stalin's Forced Labour System in the Light of the Archives

Edwin Bacon

unrated
Read Military history Logistics WWII Cold War Russia / USSR Logistics Economics ISBN 0814712436

New York University Press · 1994

Throughout the Stalin era and after, the Gulag system of forced labor blighted the Soviet Union. Millions were incarcerated in its camps, some to be eventually released, many to die imprisoned and faceless. For decades, histories of the camp system have relied on the experiences of those who suffered within them for their main source of information. Though these accounts have been supplemented with officially sanctioned Soviet publications, the details of the forced labor system have for decades remained hidden by state secrecy. But with the collapse of the Soviet empire, the archives of the Gulag are now opening. Drawing on the archival records kept by Gulag authorities themselves, The Gulag at War traces the development of this system in the Soviet Union from 1920 through 1960. The volume describes the state's perceptions of the camps and their tasks and addresses long-held questions concerning the motives behind the system. Specific attention is given to the World War II years; the information found in the archives shows the importance of forced labor to Soviet, and therefore Allied, victory. The Gulag at War offers a close investigation of different aspects of camp life during this time, supplying data concerning the numbers and backgrounds of the prisoners, the economic tasks and achievements, the camp conditions, and the effectiveness of camp security which have previously been unavailable.

The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It

Peter Temin

unrated
Read Economics Logistics WWII Logistics Economics ISBN 9781400846641

Princeton University Press · 2013

A new way to understand financial crises--and a blueprint for tomorrow's recoveryThe Leaderless Economy reveals why international financial cooperation is the only solution to today's global economic crisis. In this timely and important book, Peter Temin and David Vines argue that our current predicament is a catastrophe rivaled only by the Great Depression. Taking an in-depth look at the history of both, they explain what went wrong and why, and demonstrate why international leadership is needed to restore prosperity and prevent future crises.Temin and Vines argue that the financial collapse of the 1930s was an "end-of-regime crisis" in which the economic leader of the nineteenth century, Great Britain, found itself unable to stem international panic as countries abandoned the gold standard. They trace how John Maynard Keynes struggled for years to identify the causes of the Great Depression, and draw valuable lessons from his intellectual journey. Today we are in the midst of a similar crisis, one in which the regime that led the world economy in the twentieth century--that of the United States--is ending. Temin and Vines show how America emerged from World War II as an economic and military powerhouse, but how deregulation and a lax attitude toward international monetary flows left the nation incapable of reining in an overleveraged financial sector and powerless to contain the 2008 financial panic. Fixed exchange rates in Europe and Asia have exacerbated the problem.The Leaderless Economy provides a blueprint for how renewed international leadership can bring today's industrial nations back into financial balance--domestically and between each other.