The modern American economy was the creation of four men: Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan. They were the giants of the Gilded Age, a moment of riotous growth that established America as the richest, most inventive, and most productive country on the planet.
Acclaimed author Charles R. Morris vividly brings the men and their times to life. The ruthlessly competitive Carnegie, the imperial Rockefeller, and the provocateur Gould were obsessed with progress, experiment, and speed. They were balanced by Morgan, the gentleman businessman, who fought, instead, for a global trust in American business. Through their antagonism and their verve, they built an industrial behemoth—and a country of middle-class consumers. The Tycoons tells the incredible story of how these four determined men wrenched the economy into the modern age, inventing a nation of full economic participation that could not have been imagined only a few decades earlier.
Charles R. Morris is the author of eight previous books, including American Catholic and Money, Greed, and Risk. He is a lawyer and former banker, and was most recently president of a financial services software company. A regular contributor to the Los Angeles Times, he has also written for The Wall Street Journal and The Atlantic Monthly. He lives in New York City.
This is his remarkable story. Building on his early success with employment and recruitment agencies, he was able to develop his charitable interests - his first such venture was with drug addicts in Covent Garden in the 1960s, leading eventually to the establishment of the Alec Reed Foundation in 1989. Since then it has donated more than £18 million to good causes, and it supports many other charities including the Royal Opera House in London.
This eagerly awaited autobiography is both an enjoyable account of a richly varied life and an inspirational insight into an exceptionally successful entrepreneur's imagination.
Now fully updated with the latest financial developments, this is the bestselling book that briefly and brilliantly explains how we got into the economic mess that is the Credit Crunch. With the housing markets unravelling daily and distress signals flying throughout the rest of the economy, there is little doubt that we are facing a fierce recession. In crisp, gripping prose, Charles R. Morris shows how got into this mess. He explains the arcane financial instruments, the chicanery, the policy misjudgments, the dogmas, and the delusions that created the greatest credit bubble in world history. Paul Volcker slew the inflation dragon in the early 1980s, and set the stage for the high performance economy of the 1980s and 1990s. But Wall Street's prosperity soon tilted into gross excess. The astronomical leverage at major banks and their hedge fund and private equity clients led to massive disruption in global markets. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will go down in flames with it. Continued denial and concealment could cause the crisis to stretch out for years, but financial and government leaders are still downplaying the problem. The required restructuring will be at least as painful as the very difficult period of 1979-1983. The Two Trillion-Dollar Meltdown, updated to include the latest financial developments, is indispensable to understanding how the world economy has been put on the brink.
But as Charles R. Morris shows us, the platform for that spectacular growth spurt was built in the first half of the century. By the 1820s, America was already the world’s most productive manufacturer, and the most intensely commercialized society in history. The War of 1812 jumpstarted the great New England cotton mills, the iron centers in Connecticut and Pennsylvania, and the forges around the Great Lakes. In the decade after the War, the Midwest was opened by entrepreneurs. In this beautifully illustrated book, Morris paints a vivid panorama of a new nation buzzing with the work of creation. He also points out the parallels and differences in the nineteenth century American/British standoff and that between China and America today.
Hailed as "an astute book of enormous importance" (Sherwin Nuland), The Surgeons follows the team at one of the world's premier cardiac surgery and transplant centers. Given unprecedented access, Charles R. Morris recounts in thrilling detail a late-night against-the-clock "harvest run" to secure a precious transplantable organ, the heartbreaking story of a child's failed transplant, and more. Along the way, Morris reflects on how doctors really think, rising health care costs, and the future of health care in America.