For readers of Unbroken, out of the depths of the Depression comes an irresistible story about beating the odds and finding hope in the most desperate of times—the improbable, intimate account of how nine working-class boys from the American West showed the world at the 1936 Olympics in Berlin what true grit really meant.
It was an unlikely quest from the start. With a team composed of the sons of loggers, shipyard workers, and farmers, the University of Washington’s eight-oar crew team was never expected to defeat the elite teams of the East Coast and Great Britain, yet they did, going on to shock the world by defeating the German team rowing for Adolf Hitler. The emotional heart of the tale lies with Joe Rantz, a teenager without family or prospects, who rows not only to regain his shattered self-regard but also to find a real place for himself in the world. Drawing on the boys’ own journals and vivid memories of a once-in-a-lifetime shared dream, Brown has created an unforgettable portrait of an era, a celebration of a remarkable achievement, and a chronicle of one extraordinary young man’s personal quest.
From the Trade Paperback edition.
Examining small businesses in manufacturing, sales, services, and farming, Mansel Blackford argues that while small firms have always been important to the nation's development, their significance has varied considerably in different time periods and in different segments of our economy. Throughout, he relates small business development to changes in America's overall business and economic systems and offers comparisons between the growth of small business in the United States to its development in other countries. He places special emphasis on the importance of small business development for women and minorities. Unique in its breadth, this book provides the only comprehensive overview of these significant topics.
Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. Out of a handful of unlikely-really unlikely-heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.
Making Seafood Sustainable analyzes the ramifications of overfishing for the United States by investigating how fishers, seafood processors, retailers, government officials, and others have worked together to respond to the crisis. Historian Mansel G. Blackford examines how these players took steps to make fishing in some American waters, especially in Alaskan waters, sustainable. Critical to these efforts, Blackford argues, has been government and industry collaboration in formulating and enforcing regulations. What can be learned from these successful experiences? Are they applicable elsewhere? What are the drawbacks? Making Seafood Sustainable addresses these questions and suggests that sustainable seafood management can be made to work. The economic and social costs incurred in achieving sustainable resource usage are significant, but there are ways to mitigate them. More broadly, this study illustrates ways to manage commonly held natural resources around the world—land, water, oil, and so on—in sustainable ways.
"Guaranteed to make blood boil." —Janet Maslin, New York Times
In Michael Lewis's game-changing bestseller, a small group of Wall Street iconoclasts realize that the U.S. stock market has been rigged for the benefit of insiders. They band together—some of them walking away from seven-figure salaries—to investigate, expose, and reform the insidious new ways that Wall Street generates profits. If you have any contact with the market, even a retirement account, this story is happening to you.
Icelanders wanted to stop fishing and become investment bankers. The Greeks wanted to turn their country into a pinata stuffed with cash and allow as many citizens as possible to take a whack at it. The Germans wanted to be even more German; the Irish wanted to stop being Irish.
Michael Lewis's investigation of bubbles beyond our shores is so brilliantly, sadly hilarious that it leads the American reader to a comfortable complacency: oh, those foolish foreigners. But when he turns a merciless eye on California and Washington, DC, we see that the narrative is a trap baited with humor, and we understand the reckoning that awaits the greatest and greediest of debtor nations.
In 1911 two wealthy British heiresses, Claire and Dora Williamson, arrived at a sanitorium in the forests of the Pacific Northwest to undergo the revolutionary “fasting treatment” of Dr. Linda Burfield Hazzard. It was supposed to be a holiday for the two sisters, but within a month of arriving at what the locals called Starvation Heights, the women underwent brutal treatments and were emaciated shadows of their former selves.
Claire and Dora were not the first victims of Linda Hazzard, a quack doctor of extraordinary evil and greed. But as their jewelry disappeared and forged bank drafts began transferring their wealth to Hazzard’s accounts, the sisters came to learn that Hazzard would stop at nothing short of murder to achieve her ambitions.
A scathing portrait of an urgent new American crisis
Over the last two decades, America has been falling deeper and deeper into a statistical mystery:
Poverty goes up. Crime goes down. The prison population doubles.
Fraud by the rich wipes out 40 percent of the world’s wealth. The rich get massively richer. No one goes to jail.
In search of a solution, journalist Matt Taibbi discovered the Divide, the seam in American life where our two most troubling trends—growing wealth inequality and mass incarceration—come together, driven by a dramatic shift in American citizenship: Our basic rights are now determined by our wealth or poverty. The Divide is what allows massively destructive fraud by the hyperwealthy to go unpunished, while turning poverty itself into a crime—but it’s impossible to see until you look at these two alarming trends side by side.
In The Divide, Matt Taibbi takes readers on a galvanizing journey through both sides of our new system of justice—the fun-house-mirror worlds of the untouchably wealthy and the criminalized poor. He uncovers the startling looting that preceded the financial collapse; a wild conspiracy of billionaire hedge fund managers to destroy a company through dirty tricks; and the story of a whistleblower who gets in the way of the largest banks in America, only to find herself in the crosshairs. On the other side of the Divide, Taibbi takes us to the front lines of the immigrant dragnet; into the newly punitive welfare system which treats its beneficiaries as thieves; and deep inside the stop-and-frisk world, where standing in front of your own home has become an arrestable offense. As he narrates these incredible stories, he draws out and analyzes their common source: a perverse new standard of justice, based on a radical, disturbing new vision of civil rights.
Through astonishing—and enraging—accounts of the high-stakes capers of the wealthy and nightmare stories of regular people caught in the Divide’s punishing logic, Taibbi lays bare one of the greatest challenges we face in contemporary American life: surviving a system that devours the lives of the poor, turns a blind eye to the destructive crimes of the wealthy, and implicates us all.
Praise for The Divide
“Ambitious . . . deeply reported, highly compelling . . . impossible to put down.”—The New York Times Book Review
“These are the stories that will keep you up at night. . . . The Divide is not just a report from the new America; it is advocacy journalism at its finest.”—Los Angeles Times
“Taibbi is a relentless investigative reporter. He takes readers inside not only investment banks, hedge funds and the blood sport of short-sellers, but into the lives of the needy, minorities, street drifters and illegal immigrants. . . . The Divide is an important book. Its documentation is powerful and shocking.”—The Washington Post
“Captivating . . . The Divide enshrines its author’s position as one of the most important voices in contemporary American journalism.”—The Independent (UK)
“Taibbi [is] perhaps the greatest reporter on Wall Street’s crimes in the modern era.”—Salon
From the Hardcover edition.
No-No Boy tells the story of Ichiro Yamada, a fictional version of the real-life �no-no boys.� Yamada answered �no� twice in a compulsory government questionnaire as to whether he would serve in the armed forces and swear loyalty to the United States. Unwilling to pledge himself to the country that interned him and his family, Ichiro earns two years in prison and the hostility of his family and community when he returns home to Seattle. As Ozeki writes, Ichiro�s �obsessive, tormented� voice subverts Japanese postwar �model-minority� stereotypes, showing a fractured community and one man�s �threnody of guilt, rage, and blame as he tries to negotiate his reentry into a shattered world.�
The first edition of No-No Boy since 1979 presents this important work to new generations of readers.
Replaces ISBN 9780295955254
From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award® winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award® nominees Steve Carell and Ryan Gosling.
When the crash of the U.S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn’t shine and the SEC doesn’t dare, or bother, to tread. Who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages? In this fitting sequel to Liar’s Poker, Michael Lewis answers that question in a narrative brimming with indignation and dark humor.
Millions of Americans work full time, year round, for poverty-level wages. In 1998, Barbara Ehrenreich decided to join them. She was inspired in part by the rhetoric surrounding welfare reform, which promised that a job -- any job -- can be the ticket to a better life. But how does anyone survive, let alone prosper, on $6 an hour? To find out, Ehrenreich left her home, took the cheapest lodgings she could find, and accepted whatever jobs she was offered. Moving from Florida to Maine to Minnesota, she worked as a waitress, a hotel maid, a cleaning woman, a nursing-home aide, and a Wal-Mart sales clerk. She lived in trailer parks and crumbling residential motels. Very quickly, she discovered that no job is truly "unskilled," that even the lowliest occupations require exhausting mental and muscular effort. She also learned that one job is not enough; you need at least two if you int to live indoors.
Nickel and Dimed reveals low-rent America in all its tenacity, anxiety, and surprising generosity -- a land of Big Boxes, fast food, and a thousand desperate stratagems for survival. Read it for the smoldering clarity of Ehrenreich's perspective and for a rare view of how "prosperity" looks from the bottom. You will never see anything -- from a motel bathroom to a restaurant meal -- in quite the same way again.
Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008.
Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict.
As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself.
Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas.
While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.
From the Hardcover edition.
—Julian Fellowes, Creator and Executive Producer of “Downton Abbey”
“A book well worthy of marking the centenary of the crystal-clear night when the immense ship slid to her terrible doom.”
—Simon Winchester, New York Times bestselling author of The Professor and the Madman
It has been one hundred years since the sinking of the passenger liner Titanic in the North Atlantic, yet worldwide fascination with the epic tragedy remains as strong as ever. With Voyagers of the Titanic, Richard Davenport-Hines gives us a magnificent history of the people intimately connected with the infamous ship—from deal-makers and industry giants, like J.P. Morgan, who built and operated it; to Molly Brown, John Jacob Astor IV, and other glittering aristocrats who occupied its first class cabins; to the men and women traveling below decks hoping to find a better life in America. Commemorating the centennial anniversary of the great disaster, Voyagers of the Titanic offers a fascinating, uniquely original view of one of the most momentous catastrophes of the 20th century.
The financial crisis that exploded in 2008 isn’t past but prologue. The grifter class—made up of the largest players in the financial industry and the politicians who do their bidding—has been growing in power, and the crisis was only one terrifying manifestation of how they’ve hijacked America’s political and economic life.
Matt Taibbi has combined deep sources, trailblazing reportage, and provocative analysis to create the most lucid, emotionally galvanizing account yet written of this ongoing American crisis. He offers fresh reporting on the backroom deals of the bailout; tells the story of Goldman Sachs, the “vampire squid wrapped around the face of humanity”; and uncovers the hidden commodities bubble that transferred billions of dollars to Wall Street while creating food shortages around the world.
This is essential reading for anyone who wants to understand the labyrinthine inner workings of this country, and the profound consequences for us all.
From the beet fields of North Dakota to the National Forest campgrounds of California to Amazon’s CamperForce program in Texas, employers have discovered a new, low-cost labor pool, made up largely of transient older Americans. Finding that social security comes up short, often underwater on mortgages, these invisible casualties of the Great Recession have taken to the road by the tens of thousands in late-model RVs, travel trailers, and vans, forming a growing community of nomads: migrant laborers who call themselves “workampers.”
On frequently traveled routes between seasonal jobs, Jessica Bruder meets people from all walks of life: a former professor, a McDonald’s vice president, a minister, a college administrator, and a motorcycle cop, among many others—including her irrepressible protagonist, a onetime cocktail waitress, Home Depot clerk, and general contractor named Linda May.
In a secondhand vehicle she christens “Van Halen,” Bruder hits the road to get to know her subjects more intimately. Accompanying Linda May and others from campground toilet cleaning to warehouse product scanning to desert reunions, then moving on to the dangerous work of beet harvesting, Bruder tells a compelling, eye-opening tale of the dark underbelly of the American economy—one that foreshadows the precarious future that may await many more of us. At the same time, she celebrates the exceptional resilience and creativity of these quintessential Americans who have given up ordinary rootedness to survive. Like Linda May, who dreams of finding land on which to build her own sustainable “Earthship” home, they have not given up hope.
We’re used to thinking of the United States in opposing terms: red versus blue, haves versus have-nots. But today there are three Americas. At one extreme are the brain hubs—cities like San Francisco, Boston, and Durham—with workers who are among the most productive, creative, and best paid on the planet. At the other extreme are former manufacturing capitals, which are rapidly losing jobs and residents. The rest of America could go either way. For the past thirty years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important developments in the history of the United States and is reshaping the very fabric of our society, affecting all aspects of our lives, from health and education to family stability and political engagement. But the winners and losers aren’t necessarily who you’d expect.
Enrico Moretti’s groundbreaking research shows that you don’t have to be a scientist or an engineer to thrive in one of the brain hubs. Carpenters, taxi-drivers, teachers, nurses, and other local service jobs are created at a ratio of five-to-one in the brain hubs, raising salaries and standard of living for all. Dealing with this split—supporting growth in the hubs while arresting the decline elsewhere—is the challenge of the century, and The New Geography of Jobs lights the way.
For the first four months of 1942, U.S., Filipino, and Japanese soldiers fought what was America's first major land battle of World War II, the battle for the tiny Philippine peninsula of Bataan. It ended with the surrender of 76,000 Filipinos and Americans, the single largest defeat in American military history.
The defeat, though, was only the beginning, as Michael and Elizabeth M. Norman make dramatically clear in this powerfully original book. From then until the Japanese surrendered in August 1945, the prisoners of war suffered an ordeal of unparalleled cruelty and savagery: forty-one months of captivity, starvation rations, dehydration, hard labor, deadly disease, and torture—far from the machinations of General Douglas MacArthur.
The Normans bring to the story remarkable feats of reportage and literary empathy. Their protagonist, Ben Steele, is a figure out of Hemingway: a young cowboy turned sketch artist from Montana who joined the army to see the world. Juxtaposed against Steele's story and the sobering tale of the Death March and its aftermath is the story of a number of Japanese soldiers.
In this pioneering study, White explores the relationship between the natural history of the Columbia River and the human history of the Pacific Northwest for both whites and Native Americans. He concentrates on what brings humans and the river together: not only the physical space of the region but also, and primarily, energy and work. For working with the river has been central to Pacific Northwesterners' competing ways of life. It is in this way that White comes to view the Columbia River as an organic machine--with conflicting human and natural claims--and to show that whatever separation exists between humans and nature exists to be crossed.
In looking at the forces that brought our current administration to power one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum.
A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream.
Now updated with new material explaining how our corrupted financial system propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the system, and why it matters urgently to us all.
Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.
Digging deep into the dark history of England's infamous efforts to move 160,000 men and women thousands of miles to the other side of the world in the eighteenth and nineteenth centuries, Hughes has crafted a groundbreaking, definitive account of the settling of Australia.
Tracing the European presence in Australia from early explorations through the rise and fall of the penal colonies, and featuring 16 pages of illustrations and 3 maps, The Fatal Shore brings to life the incredible true history of a country we thought we knew.
Among submariners in World War II, Dudley "Mush" Morton stood out as a warrior without peer. At the helm of the USS Wahoo he completely changed the way the sea war was fought in the Pacific. He would relentlessly attack the Japanese at every opportunity, going through his supply of torpedoes in record time on every patrol. In only nine months, he racked up an astounding list of achievements, including being the first American skipper to wipe out an entire enemy convoy single-handedly.
Here, for the first time, is the life and legend of a heroic, dynamic, and ultimately divisive submarine commander who fought the war on his own terms, and refused to do so any other way.
A drumbeat is sounding among the global elites. The signs of a worldwide financial meltdown are unmistakable. This time, the elites have an audacious plan to protect themselves from the fallout: hoarding cash now and locking down the global financial system when a crisis hits.
Since 2014, international monetary agencies have been issuing warnings to a small group of finance ministers, banks, and private equity funds: the U.S. government’s cowardly choices not to prosecute J.P. Morgan and its ilk, and to bloat the economy with a $4 trillion injection of easy credit, are driving us headlong toward a cliff.
As Rickards shows in this frightening, meticulously researched book, governments around the world have no compunction about conspiring against their citizens. They will have stockpiled hard assets when stock exchanges are closed, ATMs shut down, money market funds frozen, asset managers instructed not to sell securities, negative interest rates imposed, and cash withdrawals denied.
If you want to plan for the risks ahead, you will need Rickards’s cutting-edge synthesis of behavioral economics, history, and complexity theory. It’s a guidebook to thinking smarter, acting faster, and living with the comforting knowledge that your wealth is secure.
The global elites don’t want this book to exist. Their plan to herd us like sheep to the slaughter when a global crisis erupts—and, of course, to maintain their wealth—works only if we remain complacent and unaware. Thanks to The Road to Ruin, we don’t need to be.
"If you are curious about what the financial Götterdämmerung might look like you’ve certainly come to the right place... Rickards believes -- and provides tantalizing snippets of private conversations with those who dwell in the very eye-in-the-pyramid -- that the current world monetary and financial system is on the verge of insolvency and that the world financial elites already have a successor system for which they are laying the groundwork."
--Ralph Benko, Forbes
Mark Victor Hansen, cocreator of the phenomenal Chicken Soup for the Soul series, and Robert G. Allen, one of the world’s foremost financial experts, have helped thousands of people become millionaires. Now it’s your turn.
Is it possible to make a million dollars in only one minute? The answer just might surprise you. The One Minute Millionaire is an entirely new approach, a life-changing “millionaire system” that will teach you how to:
* Create wealth even when you have nothing to start with.
* Overcome fears so you can take reasonable risks.
* Use the power of leverage to build wealth rapidly.
* Use “one minute” habits to build wealth over the long term.
The One Minute Millionaire is a revolutionary approach to building wealth and a powerful program for self-discovery as well. Here are two books in one, fiction and nonfiction, designed to address two kinds of learning so that you can fully integrate these life-changing lessons. On the right-hand pages, you will find the fictional story of a woman who has to make a million dollars in ninety days or lose her two children forever. The left-hand pages give the practical, step-by-step nonfiction strategies and techniques that actually work in the real world. You’ll find more than one hundred nuts-and-bolts “Millionaire Minutes,” each one a concise and invaluable lesson with specific techniques for creating wealth.
However, the lessons here are not just about becoming a millionaire—they are about becoming an enlightened millionaire and how to ethically make, keep, and share your wealth. Whether your goal is less than a million dollars or that amount many times over, there’s never been a better time to achieve abundance. Let The One Minute Millionaire show you the way.
"I recommend a book by Professor Williams, it is really worth a read, it's called White Working Class." -- Vice President Joe Biden on Pod Save America
An Amazon Best Business and Leadership book of 2017
Around the world, populist movements are gaining traction among the white working class. Meanwhile, members of the professional elite—journalists, managers, and establishment politicians--are on the outside looking in, left to argue over the reasons. In White Working Class, Joan C. Williams, described as having "something approaching rock star status" by the New York Times, explains why so much of the elite's analysis of the white working class is misguided, rooted in class cluelessness.
Williams explains that many people have conflated "working class" with "poor"--but the working class is, in fact, the elusive, purportedly disappearing middle class. They often resent the poor and the professionals alike. But they don't resent the truly rich, nor are they particularly bothered by income inequality. Their dream is not to join the upper middle class, with its different culture, but to stay true to their own values in their own communities--just with more money. While white working-class motivations are often dismissed as racist or xenophobic, Williams shows that they have their own class consciousness.
White Working Class is a blunt, bracing narrative that sketches a nuanced portrait of millions of people who have proven to be a potent political force. For anyone stunned by the rise of populist, nationalist movements, wondering why so many would seemingly vote against their own economic interests, or simply feeling like a stranger in their own country, White Working Class will be a convincing primer on how to connect with a crucial set of workers--and voters.
The tiny island of Run is an insignificant speck in the Indonesian archipelago. Just two miles long and half a mile wide, it is remote, tranquil, and, these days, largely ignored.
Yet 370 years ago, Run's harvest of nutmeg (a pound of which yielded a 3,200 percent profit by the time it arrived in England) turned it into the most lucrative of the Spice Islands, precipitating a battle between the all-powerful Dutch East India Company and the British Crown. The outcome of the fighting was one of the most spectacular deals in history: Britain ceded Run to Holland but in return was given Manhattan. This led not only to the birth of New York but also to the beginning of the British Empire.
Such a deal was due to the persistence of one man. Nathaniel Courthope and his small band of adventurers were sent to Run in October 1616, and for four years held off the massive Dutch navy. Nathaniel's Nutmeg centers on the remarkable showdown between Courthope and the Dutch Governor General Jan Coen, and the brutal fate of the mariners racing to Run--and the other corners of the globe--to reap the huge profits of the spice trade. Written with the flair of a historical sea novel but based on rigorous research, Giles Milton's Nathaniel's Nutmeg is a brilliant adventure story by Giles Milton, a writer who has been hailed as the "new Bruce Chatwin" (Mail on Sunday).
In 1864 Captain Thomas Musgrave and his crew of four aboard the schooner Grafton wreck on the southern end of the island. Utterly alone in a dense coastal forest, plagued by stinging blowflies and relentless rain, Captain Musgrave—rather than succumb to this dismal fate—inspires his men to take action. With barely more than their bare hands, they build a cabin and, remarkably, a forge, where they manufacture their tools. Under Musgrave's leadership, they band together and remain civilized through even the darkest and most terrifying days.
Incredibly, at the same time on the opposite end of the island—twenty miles of impassable cliffs and chasms away—the Invercauld wrecks during a horrible storm. Nineteen men stagger ashore. Unlike Captain Musgrave, the captain of the Invercauld falls apart given the same dismal circumstances. His men fight and split up; some die of starvation, others turn to cannibalism. Only three survive. Musgrave and all of his men not only endure for nearly two years, they also plan their own astonishing escape, setting off on one of the most courageous sea voyages in history.
Using the survivors' journals and historical records, award-winning maritime historian Joan Druett brings this extraordinary untold story to life, a story about leadership and the fine line between order and chaos.
"Quite simply the best guide to the global economy today." —Fareed Zakaria
Shaped by his twenty-five years traveling the world, and enlivened by encounters with villagers from Rio to Beijing, tycoons, and presidents, Ruchir Sharma’s The Rise and Fall of Nations rethinks the "dismal science" of economics as a practical art. Narrowing the thousands of factors that can shape a country’s fortunes to ten clear rules, Sharma explains how to spot political, economic, and social changes in real time. He shows how to read political headlines, black markets, the price of onions, and billionaire rankings as signals of booms, busts, and protests. Set in a post-crisis age that has turned the world upside down, replacing fast growth with slow growth and political calm with revolt, Sharma’s pioneering book is an entertaining field guide to understanding change in this era or any era.
We Americans have long thought of ourselves as unburdened by class distinctions. We have no hereditary aristocracy or landed gentry, and even the poorest among us feel that they can become rich through education, hard work, or sheer gumption. And yet social class remains a powerful force in American life.
In Class Matters, a team of New York Times reporters explores the ways in which class—defined as a combination of income, education, wealth, and occupation—influences destiny in a society that likes to think of itself as a land of opportunity. We meet individuals in Kentucky and Chicago who have used education to lift themselves out of poverty and others in Virginia and Washington whose lack of education holds them back. We meet an upper-middle-class family in Georgia who moves to a different town every few years, and the newly rich in Nantucket whose mega-mansions have driven out the longstanding residents. And we see how class disparities manifest themselves at the doctor's office and at the marriage altar.
For anyone concerned about the future of the American dream, Class Matters is truly essential reading.
"Class Matters is a beautifully reported, deeply disturbing, portrait of a society bent out of shape by harsh inequalities. Read it and see how you fit into the problem or—better yet—the solution!"—Barbara Ehrenreich, author of Nickel and Dimed and Bait and Switch
In 1864 Captain Thomas Musgrave and his crew of four aboard the schooner Grafton wreck on the southern end of the island. Utterly alone in a dense coastal forest, plagued by stinging blowflies and relentless rain, Captain Musgrave--rather than succumb to this dismal fate--inspires his men to take action. With barely more than their bare hands, they build a cabin and, remarkably, a forge, where they manufacture their tools. Under Musgrave's leadership, they band together and remain civilized through even the darkest and most terrifying days.
Incredibly, at the same time on the opposite end of the island--twenty miles of impassable cliffs and chasms away--the Invercauld wrecks during a horrible storm. Nineteen men stagger ashore. Unlike Captain Musgrave, the captain of the Invercauld falls apart given the same dismal circumstances. His men fight and split up; some die of starvation, others turn to cannibalism. Only three survive. Musgrave and all of his men not only endure for nearly two years, they also plan their own astonishing escape, setting off on one of the most courageous sea voyages in history.
Using the survivors' journals and historical records, award-winning maritime historian Joan Druett brings this extraordinary untold story to life, a story about leadership and the fine line between order and chaos.
In May 1942, Admiral Jack Fletcher’s Task Force 17 closed in for the war’s first major clash with the Japanese Navy. The Neosho, a vitally important tanker capable of holding more than 140,000 barrels of fuel, was ordered away from the impending battle. Minimally armed, she was escorted by a destroyer, the Sims. As the Battle of the Coral Sea raged two hundred miles away, the ships were attacked by Japanese dive bombers. Both crews fought valiantly, but when the smoke cleared, the Sims had slipped beneath the waves, and the Neosho was ablaze and listing badly, severely damaged from seven direct hits and a suicide crash. Scores of sailors were killed or wounded, while hundreds bobbed in shark-infested waters. Fires on board threatened to spark a fatal explosion, and each passing hour brought the ship closer to sinking. It was the beginning of a hellish four-day ordeal as the crew struggled to stay alive and keep their ship afloat, while almost two hundred men in life rafts drifted away without water, food, or shelter. Only four of them would survive to be rescued after nine days.
Working from eyewitness accounts and declassified documents, Keith offers up vivid portraits of Navy heroes: the Neosho’s skipper, Captain John Phillips, whose cool, determined leadership earned him a Silver Star; Lieutenant Commander Wilford Hyman, skipper of the Sims, who remained on his vessel’s bridge throughout the attack and made the ultimate sacrifice to try to save his ship; Seaman Jack Rolston, who pulled oil-soaked survivors out of the water and endured days adrift in an open life raft; and Chief Watertender Oscar Peterson, whose selflessness saved the lives of innumerable shipmates and earned him a posthumous Medal of Honor.
A tale of a ship as tough and resilient as its crew, The Ship That Wouldn’t Die captures the indomitable spirit of the American sailor—and finally brings to the surface one of the great untold sagas of the Pacific War.
From the Hardcover edition.
Jim Rogers, whose entertaining accounts of his travels around the world--studying the markets from Russia to Singapore from the ground up--has enthralled readers, investors and Wall Street aficionados for decades. In his engaging memoir Street Smarts, Rogers offers pithy commentary from a lifetime of adventure, from his early years growing up a naïve kid in Demopolis, Alabama, to his fledgling career on Wall Street, to his cofounding of the wildly successful Quantum Fund.
In Street Smarts, Rogers takes us through the highlights of his life in the financial markets, from his school days at Yale and Oxford--where despite the fact that he didn’t have enough money to afford the appropriate pair of shoes, he coxed the crew and helped to win the Oxford-Cambridge Boat Race as well as the Thames Cup, the first of his three Guiness World Records--to his first heady taste of Wall Street in the mid-1960s, and his years helping to run the most successful hedge fund on Wall Street.
In the course of his new book, Rogers offers often surprising observations on how the world works–-and what trends he sees in the future. The age of Wall Street, Rogers claims, when the finance industry drove 25% of America’s growth, is over. Tomorrow’s economy will be driven by those who make things--food, energy, goods and consumables. He explains why Asia will be the dominant economic force in the twenty-first century, and discusses why America and the European Union are in decline, and what we need to do to right our economy and society.
Hailed by Time as one of the world's hundred most influential people, Jeffrey D. Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries.
Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.
From the Trade Paperback edition.
From the author of Pacific Payback comes the gripping true story of the Cactus Air Force and how this rugged crew of Dive-Bombers helped save Guadalcanal and won the war.
November 1942: Japanese and American forces have been fighting for control of Guadalcanal, a small but pivotal island in Japan’s expansion through the South Pacific. Both sides have endured months of grueling battle under the worst circumstances: hellish jungles, meager rations, and tropical diseases, which have taken a severe mental and physical toll on the combatants. The Japanese call Guadalcanal Jigoku no Jima—Hell's Island.
Amid a seeming stalemate, a small group of U.S. Navy dive bombers are called upon to help determine the island's fate. The men have until recently been serving in their respective squadrons aboard the USS Lexington and the USS Yorktown, fighting in the thick of the Pacific War's aerial battles. Their skills have been honed to a fine edge, even as injury and death inexorably have depleted their ranks. When their carriers are lost, many of the men end up on the USS Enterprise. Battle damage to that carrier then forces them from their home at sea to operating from Henderson Field, a small dirt-and-gravel airstrip on Guadalcanal.
With some Marine and Army Air Force planes, they help form the Cactus Air Force, a motley assemblage of fliers tasked with holding the line while making dangerous flights from their jungle airfield. Pounded by daily Japanese air assaults, nightly warship bombardments, and sniper attacks from the jungle, pilots and gunners rarely last more than a few weeks before succumbing to tropical ailments, injury, exhaustion, and death. But when the Japanese launch a final offensive to take the island once and for all, these dive-bomber jocks answer the call of duty—and try to perform miracles in turning back an enemy warship armada, a host of fighter planes, and a convoy of troop transports.
A remarkable story of grit, guts, and heroism, The Battle for Hell's Island reveals how command of the South Pacific, and the outcome of the Pacific War, depended on control of a single dirt airstrip—and the small group of battle-weary aviators sent to protect it with their lives.
From the Hardcover edition.
Lincoln Paine takes us back to the origins of long-distance migration by sea with our ancestors’ first forays from Africa and Eurasia to Australia and the Americas. He demonstrates the critical role of maritime trade to the civilizations of ancient Egypt, Mesopotamia, and the Indus Valley. He reacquaints us with the great seafaring cultures of antiquity like those of the Phoenicians and Greeks, as well as those of India and Southeast and East Asia, who parlayed their navigational skills, shipbuilding techniques, and commercial acumen to establish thriving overseas colonies and trade routes in the centuries leading up to the age of European expansion. And finally, his narrative traces how commercial shipping and naval warfare brought about the enormous demographic, cultural, and political changes that have globalized the world throughout the post–Cold War era.
This tremendously readable intellectual adventure shows us the world in a new light, in which the sea reigns supreme. We find out how a once-enslaved East African king brought Islam to his people, what the American “sail-around territories” were, and what the Song Dynasty did with twenty-wheel, human-powered paddleboats with twenty paddle wheels and up to three hundred crew. Above all, Paine makes clear how the rise and fall of civilizations can be linked to the sea. An accomplishment of both great sweep and illuminating detail, The Sea and Civilization is a stunning work of history.
“Succinct, humane, and politically astute . . . Sachs lays out a detailed path to reform, regulation, and recovery.”—The American Prospect
In this forceful and impassioned book, Jeffrey D. Sachs offers a searing and incisive diagnosis of our country’s economic ills, and an urgent call for Americans to restore the core virtues of fairness, honesty, and foresight as the foundations of national prosperity. Sachs finds that both political parties—and many leading economists—have missed the big picture, profoundly underestimating globalization’s long-term effects and offering shortsighted solutions. He describes a political system that is beholden to big donors and influential lobbyists and a consumption-driven culture that suffers shortfalls of social trust and compassion. He bids readers to reclaim the virtues of good citizenship and mindfulness toward the economy and each one another. Most important, he urges each of us to accept the price of civilization, so that together we restore America to its great promise. The Price of Civilization is a masterly road map for prosperity, founded on America’s deepest values and on a rigorous understanding of the twenty-first-century world economy.
With a new Preface by the author.
“Half a century ago J. K. Galbraith’s The Affluent Society changed the political consciousness of a generation. . . . Jeffrey Sachs’s new book is a landmark in this great and essentially American tradition. . . . Sachs by his life and his writing goes far to restore one’s wavering faith in the informing inspiration of the post-1945 new dawn, faith in economics, faith in America and faith in humanity.”—The Spectator
“Stimulating . . . a must-read for every concerned citizen . . . [a] hard-hitting brief for a humane economy.”—Publishers Weekly (starred review)
“Sachs’s book is loaded with information and anecdotes [and] proposals that would make it harder for the powerful to rig the system for their benefit.”—Scientific American
“An eloquent call for American civic renewal based on moderation, compassion, and cooperation across the lines of class, ethnicity, and ideology.”—CNN Money
“Compelling . . . This is an important book.”—Financial Times
“The Truly Disadvantaged should spur critical thinking in many quarters about the causes and possible remedies for inner city poverty. As policymakers grapple with the problems of an enlarged underclass they—as well as community leaders and all concerned Americans of all races—would be advised to examine Mr. Wilson's incisive analysis.”—Robert Greenstein, New York Times Book Review
When the nation’s economy foundered in 2008, blame was directed almost universally at Wall Street. But Robert B. Reich suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living.
Persuasively and straightforwardly, Reich reveals how precarious our situation still is. The last time in American history when wealth was so highly concentrated at the top—indeed, when the top 1 percent of the population was paid 23 percent of the nation’s income—was in 1928, just before the Great Depression. Such a disparity leads to ever greater booms followed by ever deeper busts.
Reich’s thoughtful and detailed account of where we are headed over the next decades reveals the essential truth about our economy that is driving our politics and shaping our future. With keen insight, he shows us how the middle class lacks enough purchasing power to buy what the economy can produce and has adopted coping mechanisms that have a negative impact on their quality of life; how the rich use their increasing wealth to speculate; and how an angrier politics emerges as more Americans conclude that the game is rigged for the benefit of a few. Unless this trend is reversed, the Great Recession will only be repeated.
Reich’s assessment of what must be done to reverse course and ensure that prosperity is widely shared represents the path to a necessary and long-overdue transformation. Aftershock is a practical, humane, and much-needed blueprint for both restoring America’s economy and rebuilding our society.
From the Hardcover edition.
You'd be wrong.
In The Real Crash, New York Times bestselling author Peter D. Schiff argues that America is enjoying a government-inflated bubble, one that reality will explode . . . with disastrous consequences for the economy and for each of us. Schiff demonstrates how the infusion of billions of dollars of stimulus money has only dug a deeper hole: the United States government simply spends too much and does not collect enough money to pay its debts, and in the end, Americans from all walks of life will face a crushing consequence.
We're in hock to China, we can't afford the homes we own, and the entire premise of our currency—backed by the full faith and credit of the United States—is false. Our system is broken, Schiff says, and there are only two paths forward. The one we're on now leads to a currency and sovereign debt crisis that will utterly destroy our economy and impoverish the vast majority of our citizens.
However, if we change course, the road ahead will be a bit rockier at first, but the final destination will be far more appealing. If we want to avoid complete collapse, we must drastically reduce government spending—eliminate entire agencies, end costly foreign military escapades and focus only on national defense—and stop student loan or mortgage interest deductions, as well as drug wars and bank-and-business bailouts. We must also do what no politician or pundit has proposed: America should declare bankruptcy, restructure its debts, and reform our system from the ground up.
Persuasively argued and provocative, The Real Crash explains how we got into this mess, how we might get out of it, and what happens if we don't. And, with wisdom born from having predicted the Crash of 2008, Peter Schiff explains how to protect yourself, your family, your money, and your country against what he predicts.
After working all day at jobs we often dislike, we buy things we don't need. Rutger Bregman, a Dutch historian, reminds us it needn't be this way-and in some places it isn't.
Rutger Bregman's TED Talk about universal basic income seemed impossibly radical when he delivered it in 2014. His April 2017 talk continues to make the provocative case, detailing the idea's 500-year history and even its brief success in a forgotten trial in Manitoba in the 1970s. Nearly a million views later, guaranteed basic income is being seriously considered by leading economists and government leaders the world over. It's just one of the many utopian ideas that Bregman proves is possible today.
Utopia for Realists is one of those rare books that takes you by surprise and challenges what you think can happen. From a Canadian city that once completely eradicated poverty, to Richard Nixon's near implementation of a basic income for millions of Americans, Bregman takes us on a journey through history, and beyond the traditional left-right divides, as he champions ideas whose time have come.
Every progressive milestone of civilization-from the end of slavery to the beginning of democracy-was once considered a utopian fantasy. Bregman's book, both challenging and bracing, demonstrates that new utopian ideas, like the elimination of poverty and the creation of the fifteen-hour workweek, can become a reality in our lifetime. Being unrealistic and unreasonable can in fact make the impossible inevitable, and it is the only way to build the ideal world.
James L. Haley's Captive Paradise is the story of King Kamehameha I, The Conqueror, who unified the islands through terror and bloodshed, but whose dynasty succumbed to inbreeding; of Gilded Age tycoons like Claus Spreckels who brilliantly outmaneuvered his competitors; of firebrand Lorrin Thurston, who was determined that Hawaii be ruled by whites; of President McKinley, who presided over the eventual annexation of the islands. Not for decades has there been such a vibrant and compelling portrait of an extraordinary place and its people.
The harrowing story of a pathbreaking naval expedition that set out to map the entire Pacific Ocean, dwarfing Lewis and Clark with its discoveries, from the New York Times bestselling author of Valiant Ambition and In the Hurricane's Eye.
A New York Times Notable Book
America's first frontier was not the West; it was the sea, and no one writes more eloquently about that watery wilderness than Nathaniel Philbrick. In his bestselling In the Heart of the Sea Philbrick probed the nightmarish dangers of the vast Pacific. Now, in an epic sea adventure, he writes about one of the most ambitious voyages of discovery the Western world has ever seen—the U.S. Exploring Expedition of 1838–1842. On a scale that dwarfed the journey of Lewis and Clark, six magnificent sailing vessels and a crew of hundreds set out to map the entire Pacific Ocean and ended up naming the newly discovered continent of Antarctica, collecting what would become the basis of the Smithsonian Institution. Combining spellbinding human drama and meticulous research, Philbrick reconstructs the dark saga of the voyage to show why, instead of being celebrated and revered as that of Lewis and Clark, it has—until now—been relegated to a footnote in the national memory.
Winner of the Theodore and Franklin D. Roosevelt Naval History Prize
In the 1980s and 1990s, forty-nine women in the Seattle area were brutally murdered, their bodies dumped along the Green River and Pacific Highway South in Washington State. Despite an exhaustive investigation—even serial killer Ted Bundy was consulted to assist with psychological profiling—the sadistic killer continued to elude authorities for nearly twenty years.
Then, in 2001, after mounting suspicion and with DNA evidence finally in hand, King County police charged a fifty-two-year-old truck painter, Gary Ridgway, with the murders. His confession and the horrific details of his crimes only added fuel to the notoriety of the Green River Killer.
Journalists Carlton Smith and Tomas Guillen covered the murders for the Seattle Times from day one, receiving a Pulitzer Prize nomination for their work. They wrote the first edition of this book before the police had their man. Revised after Ridgway’s conviction and featuring chilling photographs from the case, The Search for the Green River Killer is the ultimate authoritative account of the Pacific Northwest killing spree that held a nation spellbound—and continues to horrify and fascinate, spawning dramatizations and documentaries of a demented killer who seemed unstoppable for decades.
Meadows, Randers, and Meadows are international environmental leaders recognized for their groundbreaking research into early signs of wear on the planet. Citing climate change as the most tangible example of our current overshoot, the scientists now provide us with an updated scenario and a plan to reduce our needs to meet the carrying capacity of the planet.
Over the past three decades, population growth and global warming have forged on with a striking semblance to the scenarios laid out by the World3 computer model in the original Limits to Growth. While Meadows, Randers, and Meadows do not make a practice of predicting future environmental degradation, they offer an analysis of present and future trends in resource use, and assess a variety of possible outcomes.
In many ways, the message contained in Limits to Growth: The 30-Year Update is a warning. Overshoot cannot be sustained without collapse. But, as the authors are careful to point out, there is reason to believe that humanity can still reverse some of its damage to Earth if it takes appropriate measures to reduce inefficiency and waste.
Written in refreshingly accessible prose, Limits to Growth: The 30-Year Update is a long anticipated revival of some of the original voices in the growing chorus of sustainability. Limits to Growth: The 30 Year Update is a work of stunning intelligence that will expose for humanity the hazy but critical line between human growth and human development.
From the Trade Paperback edition.
Eleven days later, on Valentine's Day, the overturned hull of the Americus was found drifting in calm seas only twenty-five miles from Dutch Harbor, without a single distress call or trace of its seven-man crew. The Altair, its sister ship, had disappeared altogether; in the desperate search that followed, no evidence of the vessel or its crew would ever be found. The nature of the disaster--fourteen men and two vessels,apparently lost within hours of each other--made it the worst on record in the history of U.S. commercial fishing.
Delving into the mysterious tragedy of the Americus and Altair, acclaimed journalist Patrick Dillon vivifies the eighty-knot winds, subzero temperatures, and mountainous waves commercial fishermen fight daily to make their living, and illustrates the incredible rise of the Pacific Northwest's ocean frontier: from a father-and-son business to a dangerously competitive multibillion-dollar high-tech industry with one of the highest death rates in the nation. Here Dillon explores the lives the disaster left behind in Anacortes: the ambitious young entrepreneur who raised the top-notch fleet in a few short years, the guilt-ridden captains of the surviving sister boats, and the grief-numbed families of the crew. Tracing the two-year investigation launched by the Coast Guard and National Transportation Safety Board, he brings to life a heated cast of opponents: ingenious scientists, defensive marine architects, blue-chip lawyers and wrangling politicians, all struggling to come to terms with the puzzling death of fourteen men at sea. And finally, in his evocation of one mother's crusade to pass the safety legislation that might save lives, Dillon creates a moving portrait of courage and love.
Okinawa: The History of an Island People is the definitive book available in English on the history of Okinawa and the Ryukyu Islands, and an influential scholarly work in the field of Japanese studies. The histories of Japan, Okinawa, and the entire Pacific region are crucially intertwined; therefore the review of this fascinating chain of islands is crucial to understanding all of East Asia.
Few people can point to Okinawa on a map, yet this tiny island sitting between China and Japan was and continues to be one of the most crucial Asian nerve centers in all U.S. strategic defense. Ninety percent of all U.S. military forces in Japan are located on Okinawa, and more than 500,000 military personnel and their families have lived there.
In Okinawa: The History of an Island People, noted Eastern affairs specialist George Kerr recounts the fascinating history of the island and its environs, from 1314 A.D. to the late twentieth century. First published in 1958, this edition features an introduction and appendix by Okinawa history scholar Mitsugu Sakihara, making this the most comprehensive resource on the intriguing island of Okinawa.
We're now entering the winter season of the 80-Year Four Season Economic Cycle. It's during this season that we'll clear the decks with a devastating crash and debilitating deflation. The economy and markets will shed the excesses created during the preceding fall bubble boom season and prepare the soil for new blossoming in innovation and a spring boom.
After the blustering bull market of 2009-2015, we are now preparing for a shakeout more painful than anything we've seen before. We have eight years of unprecedented government stimulus and money creation to thank for stretching this bubble beyond imagination and making the burst more painful than anything we've ever experienced.
There's no better guide to financial cycles than Harry S. Dent Jr., the bestselling author of The Demographic Cliff and many other books, and the editor of the Boom & Bust newsletter. For more than 30 years he has earned a reputation for eerily accurate predictions about the world economy and the financial markets.
Now Dent has an urgent new warning about the next crisis. The consequences will be devastating--but there's a bright side that he's calling "the sale of a lifetime." For anyone who heeds the signs and follows Dent's advice, the looming correction is a once-in-a-century opportunity to gather immense wealth.
In this pressing book, you'll learn not only why a collapse is imminent, but how to identify bubbles and tune in to the cycles driving that drive booms and busts.
Practical, accessible, and illuminating, The Sale of a Lifetime will protect you from the tough challenges ahead and help you cash in on the unique opportunities of the next few years. At stake is nothing less than your entire financial future.
Debunking the popular idea of organized crime as a uniquely Italian enterprise, Corsino delves into the social and cultural forces that contributed to illicit activities. As he shows, discrimination blocked opportunities for Italians' social mobility and the close-knit Italian communities that arose in response to such limits produced a rich supply of social capital Italians used to pursue alternative routes to success that ranged from Italian grocery stores to union organizing to, on occasion, crime.
Na Pua Alii o Kauai presents the stories of the men and women who ruled the island of Kauai from its first settlement to the final rebellion against Kamehameha I's forces in 1824. Only fragments remain of the nearly two-thousand-year history of the people who inhabited Kauai before the coming of James Cook in 1778. Now scattered in public and private archives and libraries, these pieces of Hawaii's precontact past were recorded in the nineteenth century by such determined individuals as David Malo, Samuel Kamakau, and Abraham Fornander. All known genealogical references to the Kauai alii nui (paramount chiefs) have been gathered here and placed in chronological order and are interspersed with legends of great voyages, bitter wars, courageous heroes, and passionate romances that together form a rich and invaluable resource."
In Seattle Walks, David B. Williams weaves together the history, natural history, and architecture of Seattle to paint a complex, nuanced, and fascinating story. He shows us Seattle in a new light and gives us an appreciation of how the city has changed over time, how the past has influenced the present, and how nature is all around us�even in our urban landscape.
These walks vary in length and topography and cover both well-known and surprising parts of the city. While most are loops, there are a few one-way adventures with an easy return via public transportation. Ranging along trails and sidewalks, the walks lead to panoramic views, intimate hideaways, architectural gems, and beautiful greenways. With Williams as your knowledgeable and entertaining guide, encounter a new way to experience Seattle.
“The intellectual strength of this book lies in his capacity to integrate disparate findings from historical studies, social theory and research on contemporary trends into a complex and original synthesis that challenges widespread assumptions about the cause of black disadvantage and the way to remove it.”—Paul Starr, New York Times Book Review
“This publication is easily one of the most erudite and sober diagnoses of the American black situation. Students of race relations and anybody in a policy-making position cannot afford to bypass this study.”—Ernest Manheim, Sociology