As a journalist who learned his craft on the job in the tumultuous 1960s, I happened to find myself living in states where racial history was being written. Reporting that story required me to understand why discrimination, poverty, and violence remained so deeply rooted in modern America. I wrote Ten Ways to Fight Hate, I made a movie about civil rights martyrs, and, after seeing people from around the world making a pilgrimage to the sites of the civil rights struggle, published my guidebook. Over the course of a 50-year career, I have written a million words. I am proudest of those that tried to right wrongs, and sometimes did.
As a young journalist reporting racial unrest in Connecticut
and elsewhere in the 1960s, I was stunned by a 1968 government report that
declared: “Our nation is moving toward two societies, one black, and one white
– separate and unequal.” Its section on the media noted that except for crime
stories, people of color were largely missing from television and newspapers –
even in advertisements – and called on newsrooms, corporate boards, and
institutions to use affirmative action to hire minorities. I took the Kerner
Commission report to heart, and, as one of my proudest professional
accomplishments, hired the first Indian journalist in South Dakota, an action
that reverberates to this day. Today, we take black and brown faces and voices
on TV, movies, ads, and institutions for granted.
But as New Yorker writer Jelani Cobb explains in his
introduction, much of what the commission recommended has been ignored, to…
The Kerner Commission Report, released a month before Martin Luther King Jr.'s 1968 assassination, is among a handful of government reports that reads like an illuminating history book-a dramatic, often shocking, exploration of systemic racism that transcends its time. Yet Columbia University professor and New Yorker correspondent Jelani Cobb argues that this prescient report, which examined more than a dozen urban uprisings between 1964 and 1967, has been woefully neglected.
In an enlightening new introduction, Cobb reveals how these uprisings were used as political fodder by Republicans and demonstrates that this condensed edition of the Report should be essential reading…
Peter Temin is an economist and economic historian, currently a professor at MIT and the former head of the Economics Department. His research interests include macroeconomic history, the Great Depression, industry studies in both the nineteenth and twentieth centuries, and ancient Rome.
I love this book for two reasons. It condenses a massive amount of economic history into a small book, and it shows how our unequal societies are backtracking to older models of the economy.
I have been trying to understand India’s evolution especially its economic path for the last half-century— by reading, traveling, and writing on aspects of that evolution. Originally this started with the Cold War concern about how a democracy would navigate using a democratic political system. So I took appropriate courses in college and graduate school, worked in India in the Peace Corps, and then spent a little under a decade teaching about it a doing research. For the following five decades I have continued my interest and publishing and studying. Whether I have understood much is for others to determine but these are my five book nominees.
This is ostensibly the third book documenting the history of a North Indian village from 1950 until today, but it also records much of the anthropological literature documenting the development in other villages in India over that period which parallels that in many other villages of South Asia. Viewed in the context of statistical data which is collected on a much broader scale this confirms the remarkable economic evolution India has experienced from basketcase to development model.
Development economics is about understanding how and why lives change. How Lives Change: Palanpur, India, and Development Economics studies a single village in a crucially important country to illuminate the drivers of these changes, why some people do better or worse than others, and what influences mobility and inequality.
How Lives Change draws on seven decades of detailed data collection by a team of dedicated development economists to describe the evolution of Palanpur's economy, its society, and its politics. The emerging story of integration of the village economy with the outside world is placed against the backdrop of a rapidly…
You have to appreciate the intrepid nature of those who ventured out to sea in the days before satellite-enabled navigation, modern weather forecasting, and Coast Guard rescue swimmers. The books I’ve listed span a time of great global exploration occurring simultaneously with the engines of novel economic development. Most of that development was based on the exploitation of human and natural resources. A thread of curiosity through all of these picks is how those individuals most directly involved in its physical pursuit and transport were rarely the same who benefitted from it. But instead lived lives of constant hardship and danger – profiting, if at all, only in the adventure itself.
Democratically elected captains overseeing multi-ethnic crews in floating meritocraciesconducting rogue assaults against an autocratic, kleptocratic, slaveholding world isactually a quite appealing concept.
Yet, this both simplifies and overlooks the oftensavage and sadistic nature of the violence contained within the so-called Golden Age ofPiracy (1650s to 1730s). Johnson deconstructs these complexities through a deep, diveinto Henry Every, the 17th Century’s most notorious pirate and his vicious attack on anIndian treasure ship.
His crew was rewarded in rape, murder, mayhem, and financialriches beyond their wildest dreams. I love that the book strips away all our preconceptionof piracy, both positive and negative, forcing us to consider not just the darker forces ofhuman nature – but also of the social and economic systems that prompted them andwhich continue to thrive today.
“Thoroughly engrossing . . . a spirited, suspenseful, economically told tale whose significance is manifest and whose pace never flags.” —The Wall Street Journal
From The New York Times–bestselling author of The Ghost Map and Extra Life, the story of a pirate who changed the world
Henry Every was the seventeenth century’s most notorious pirate. The press published wildly popular—and wildly inaccurate—reports of his nefarious adventures. The British government offered enormous bounties for his capture, alive or (preferably) dead. But Steven Johnson argues that Every’s most lasting legacy was his inadvertent triggering of a major shift in the global economy.…
I first travelled to Zimbabwe in 1984, eager both to “build scientific socialism” but also to answer two big questions. How can people proclaim rage at certain injustices yet at the same time perpetuate them against certain other people? And, could I learn to be a better (more empathetic) man than my upbringing inclined me towards? Years of teaching in the rural areas, and then becoming a father taught me “yes” to the second question but for the first, I needed to continue to pursue that knowledge with colleagues, students, mentors, friends and family. Today, my big question is, how can we push together to get these monsters of capitalism, patriarchy, homophobia, racism, and ecocide off our backs?
The canon of anti-colonial, anti-racism writing from and about Africa includes many authors whose passion and insights are sometimes muddied by turgid or masculinist prose. For me, Rodney stands out – and stands the test of time – by the way he so masterfully weaves history into a compelling narrative that utterly demolishes the lies and conceits about supposed Western benevolence toward the continent. Scales fell from my eyes the first time (of many) I read this book. And yes, Rodney is almost as androcentric in his language, sources, and arguments as was the norm in those days. But his acknowledgment of the dignity of African women is implicit, and his discussion of the regressive elements of the colonial economy and education for African women and girls presaged a field of scholarly enquiry and activism that still intrigues me.
The classic work of political, economic, and historical analysis, powerfully introduced by Angela Davis In his short life, the Guyanese intellectual Walter Rodney emerged as one of the leading thinkers and activists of the anticolonial revolution, leading movements in North America, South America, the African continent, and the Caribbean. In each locale, Rodney found himself a lightning rod for working class Black Power. His deportation catalyzed 20th century Jamaica's most significant rebellion, the 1968 Rodney riots, and his scholarship trained a generation how to think politics at an international scale. In 1980, shortly after founding of the Working People's Alliance…
I’m a writer who is drawn to entrepreneurs, especially those with creative businesses; they inspire me. I launched a freelance writing business in 2014, but I’ve always wanted to work for a magazine. One day, it finally occurred to me to combine my interests and start a magazine about creative entrepreneurs! I have interviewed over 100 creative entrepreneurs for my magazine. I created this list because I think it can help others interested in starting a creative business.
Since I write about artist entrepreneurs for my job, I wanted to learn about how an artist can go from creating art to creating art and selling it. So, I picked up this book.
I love how the author drew from her experiences as a Wall Street analyst and successful art business owner. Schulman provides an actionable guide for launching and maintaining a creative business.
This book inspired me to take action in my own business and made me believe that success is possible no matter the field.
A step-by-step guide for creatives to transform your passion into a profitable business.
Whether you're a musician, photographer, painter, writer, dancer, singer, or any other creative with aspirations of making a living from your art, this is the perfect time to turn your creative ideas into a sustainable business. With gatekeepers no longer controlling the market, anyone with a laptop and a dream can make a thriving living from their creativity.
This is the definitive sales and marketing playbook for anyone looking to make a living from their art. Each page provides the inspiration and practical steps you need to…
I used to be Chief Economist at the UK bank SG Warburg and then at UBS, starting out in 1987 and finally cutting the cord in 2016 as Senior Economic Advisor. I visited China twice or three times a year from about 1994 and then the pandemic intervened. After the financial crisis, I decided that China would be the world’s next big thing. So I've spent a lot of time trying to figure out what’s going on there and for the last few years, I've been an associate at the China Centre at Oxford University and SOAS in London. Red Flags was a book I simply had to write. Maybe there’ll be another. We shall see.
Everyone knows China has experienced amazingly long and rapid development, but also that in an autocratic country with plenty of laws but no rule of law, corruption is rife. Normally, deeply corrupt countries don’t ‘make it’, but China has, and I found Yuen Yuen Ang’s book an illuminating guide to just how and why a particular form of corruption in China has worked to its advantage.
She calls this ‘access money’ as opposed to other forms of corruption such as embezzlement, petty bribery, extortion, and thuggery. She shows how to access money while producing perverse and risky outcomes, has actually nurtured investment and growth. It’s an interesting perspective on China’s long economic march since the 1980s, though she concludes that even this form of corruption is now generating problems and changes that will most likely end up undermining Xi Jinping’s China.
Why has China grown so fast for so long despite vast corruption? In China's Gilded Age, Yuen Yuen Ang maintains that all corruption is harmful, but not all types of corruption hurt growth. Ang unbundles corruption into four varieties: petty theft, grand theft, speed money, and access money. While the first three types impede growth, access money - elite exchanges of power and profit - cuts both ways: it stimulates investment and growth but produces serious risks for the economy and political system. Since market opening, corruption in China has evolved toward access money. Using a range of data sources,…
After receiving my doctorate in Economics at Cambridge University, I embarked on a 35-year sabbatical as a venture capitalist focused on information technology. I learned about the critical role that the American state had played by sponsoring the computer industry. When the "Dotcom Bubble" of the late 1990s grossly overpriced my companies, because I had written my PhD thesis on 1929-1931 when the Bubble of the Roaring Twenties exploded, I had seen the movie before and knew how it ended. I returned to Cambridge determined to tell this saga of innovation at the frontier and the strategic roles played by financial speculation and the state in funding economic transformation."
Jon Levy provides a hugely creative account of American history through the evolution of its distinctive institution, capitalism.
He relates the unstable dynamics of financial markets to the waves of investment in real capital incorporating innovative technologies and never loses sight of the tension between power accumulated and expressed in markets and the distribution of political power, always attentive to how the former can take over control of the latter.
Levy’s work has enriched my own understanding of this contested history.
A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead.
“A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace
In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War,…
I became fascinated by the science, technology, and social landscape of mining during my time teaching English in the Cerro Colorado copper mine in the north of Chile. Listening to miners and their families speak to each other gave me a small sense of the knowledge embedded in the language of mining communities. The experience showed me just how little I knew about metals and how much they shape our world, from the copper wiring in phone chargers to expressions like “mina” (mine/woman). That curiosity led me to a PhD program and to write my first book, Mining Language.
Kris Lane’s new work on Potosí does in words what Barragán does in images. Lane manages to tell a story that is at once global and comprehensive yet still rooted in local details of mineral extraction, assay, and coining. This book takes us from underground tunnels, adits, and galleys into refineries and, especially, the mint of Potosí. Readers seeking a big-picture view of the importance of Latin American mining and metallurgy to the story of the Spanish empire, and one told in vivid detail and readable prose, will find a lot to like here.
"For anyone who wants to learn about the rise and decline of Potosi as a city . . . Lane's book is the ideal place to begin."-The New York Review of Books
In 1545, a native Andean prospector hit pay dirt on a desolate red mountain in highland Bolivia. There followed the world's greatest silver bonanza, making the Cerro Rico or "Rich Hill" and the Imperial Villa of Potosi instant legends, famous from Istanbul to Beijing. The Cerro Rico alone provided over half of the world's silver for a century, and even in decline, it remained the single richest source…
I’m a professor of modern U.S. History and have written books explaining the political and cultural power of corporations, lobbyists, and business people in American life. To me, thesignal event of recent history was when the rapid economic growth that followed WWII ended in the 1970s. From globalization and deindustrialization to the rise of authoritarianism under the guise of populism, from systemic racism and the rise of the carceral state to the proliferation of bad jobs and the gig economy—the effects of that historic change shape every aspect of modern life. But this topic can sometimes seem a little dry, so I’m always looking for books that help make sense of it.
This book is the most readable treatment I’ve encountered of a very complicated and theoretical set of ideas about how corporations have changed—not only in their legal structure but as social creatures—in the last century. Lemann makes the difficult theories of thinkers like Adolf Berle, John Kenneth Galbraith, Milton Friedman, and Michael Jensen easy to understand and fun to read about. And in the process, he explains how corporations lost their “souls”—how we reached a point where companies are finance-obsessed, detached from their communities, and fixated on short-term profits and not long-term stability.
"A splendid and beautifully written illustration of the tremendous importance public policy has for the daily lives of ordinary people." —Ryan Cooper, Washington Monthly
Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about?
In Transaction Man, Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable…
