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In this groundbreaking book, Russ Alan Prince and Lewis Schiff examine the far-reaching impact of the middle-class millionaires-people who enjoy a net worth ranging from one to ten million dollars who have earned rather than inherited their wealth. Comprising 8.4 million households, these working rich are exerting a powerful influence on our attitudes and on society. They believe in the benefits of hard work. They believe in investing in themselves...
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The widening gap between rich and poor means dealing with one big, uncomfortable truth: If you're not at the top, you're at the bottom. The global labor market is changing radically thanks to growth at the high end-- and the low. About three quarters of the jobs created in the United States since the great recession pay only a bit more than minimum wage. Still, the United States has more millionaires and billionaires than any country ever, and we...
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In this remarkable look inside Mugabe's isolated yet restive Zimbabwe, journalist Godwin and his sister, Georgina, return to their childhood home and tour the economically devastated and state-terrorized cities, farms, and diamond mines at considerable personal risk, gathering candid interviews with dispossessed farmers, marginalized elites, and former insiders to cast a light on the workings of Mugabe's dictatorship and psychology, and the "fear...
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With stark poignancy and political dispassion, Tightrope draws us deep into an "other America." The authors tell this story, in part, through the lives of some of the children with whom Kristof grew up, in rural Yamhill, Oregon, an area that prospered for much of the twentieth century but has been devastated in the last few decades as blue-collar jobs disappeared. About one-quarter of the children on Kristof's old school bus died in adulthood from...
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"Every day, innovative entrepreneurs pioneer bold economic ideas that change the way we live and work. Companies like Google, Apple, Oracle, Facebook and Twitter aren't the only ones shaping our economic future--there's another trend emerging that will change the ways we work and live. The "sharing economy," or the "collaborative consumption economy," includes companies like TaskRabbit, Airbnb, Uber, Lyft, Zaarly, and DocVacay who are purveyors of...
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2015.
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A vivid, powerful, and controversial look at how the world gets Africa wrong, and how a resurgent Africa is forcing it to think again.
Africa has long been misunderstood — and abused — by outsiders. Correspondent Alex Perry traveled the continent for most of a decade, meeting with entrepreneurs and warlords, professors and cocaine smugglers, presidents and jihadis. Beginning with a devastating investigation into a largely unreported...
Africa has long been misunderstood — and abused — by outsiders. Correspondent Alex Perry traveled the continent for most of a decade, meeting with entrepreneurs and warlords, professors and cocaine smugglers, presidents and jihadis. Beginning with a devastating investigation into a largely unreported...
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"Forget everything you think you know about the direction of the American economy, about our growing need for foreign oil, about the rise of the service economy and the decline of American manufacturing. The story of the next thirty years will not be a repeat of the last thirty." One of the most respected voices on Wall Street, Meredith Whitney shot to global prominence in 2007 when her warnings of a looming crisis in the financial sector proved all...
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It may be hard to believe in an era of Wal-Mart, Citizens United, and the Koch brothers, but corporations are on the decline, says Gerald Davis. The number of American companies listed on the stock market dropped by more than half between 1997 and 2012. In recent years, some of the most storied corporations have gone bankrupt (General Motors, Chrysler, Eastman Kodak) or disappeared entirely (Bethlehem Steel, Lehman Brothers, Borders, Circuit City)....
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John R. Talbott's ingenious new book, The 86 Biggest Lies on Wall Street, exposes the lies and then exposes us to the truth of what it will take to rebuild our economy. As a former investment banker at Goldman Sachs, Talbott knows firsthand how the financial system operates and what it will take to fix it. As the "oracle" who predicted the housing crisis in his 2003 book, The Coming Crash in the Housing Market, warned of a global banking crisis in...
91) The looting machine: warlords, oligarchs, corporations, smugglers, and the theft of Africa's wealth
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The trade in oil, gas, gems, metals and rare earth minerals wreaks havoc in Africa. During the years when Brazil, India, China and the other "emerging markets" have transformed their economies, Africa's resource states remained tethered to the bottom of the industrial supply chain. While Africa accounts for about 30 per cent of the world's reserves of hydrocarbons and minerals and 14 per cent of the world's population, its share of global manufacturing...
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The #1 New York Times bestseller about putting America back in the lead and building a better future from former US Presidential Candidate and 2018 Utah Senate Candidate.
In No Apology, Mitt Romney asserts that American strength is essential-not just for our own well-being, but for the world's. Nations such as China and a resurgent Russia threaten to overtake us on many fronts, and violent Islamism continues its dangerous rise. In the face of such...
93) Coolidge
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Calvin Coolidge, who served as president from 1923 to 1929, never rated highly in polls. The shy Vermonter, nicknamed "Silent Cal," has long been dismissed as quiet and passive. History has remembered the decade in which he served as a frivolous, extravagant period predating the Great Depression. Now Amity Shlaes shows that the mid-1920s was, in fact, a triumphant period that established our modern way of life: the nation electrified, Americans drove...
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"American democratic capitalism is in danger. How can we save it? For its first 200 years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency, spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentenary in 1976, the American economy was the envy of the world....
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In the midst of the most serious financial upheaval since the Great Depression, legendary financier George Soros explores the origins of the crisis and its implications for the future. Soros, whose breadth of experience in financial markets is unrivaled, places the current crisis in the context of decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. "This is the worst financial...
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Northern New Jersey is one of the most densely populated places in the nation, but it is constantly defined by its relationship to New York City. In this insightful study, longtime North Jersey resident James Marcum asks why, looking well past the false stereotypes to a distinct regional culture and fascinating history. How did North Jersey become what it is today, and even more fundamentally, can we define its boundaries? Is it essentially suburban?...
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Why is America living in an age of profound economic inequality? Why, despite the desperate need to address climate change, have even modest environmental efforts been defeated again and again? Why have protections for employees been decimated? Why do hedge-fund billionaires pay a far lower tax rate than middle-class workers? The conventional answer is that a popular uprising against "big government" led to the ascendancy of a broad-based conservative...
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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...
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The top 1 percent of Americans control 40 percent of the nation's wealth. And, as Joseph E. Stiglitz explains, while those at the top enjoy the best health care, education, and benefits of wealth, they fail to realize that, "their fate is bound up with how the other 99 percent live." Stiglitz draws on his deep understanding of economics to show that growing inequality is not inevitable, moneyed interests compound their wealth by stifling true, dynamic...
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Isadora Tattlin is the American wife of a European energy consultant posted to Havana in the 1990s. Wisely, the witty Mrs. Tattlin began a diary the day her husband informed her of their new assignment. One of the first entries is her shopping list of things to take, including six gallons of shampoo. For although the Tattlins were provided with a wonderful, big house in Havana, complete with a staff of seven, there wasn't much else money could buy...
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