When Indian leaders first took control of their government in 1947, they proclaimed the ideals of national unity and secular democracy. Through the first half century of nation-building, leaders could point to uneven but measurable progress on key goals, and after the mid-1980s, dire poverty declined for a few decades, inspiring declarations of ......
Crashes, Recessions, Depressions, and the Technology that Will Change It All
This comprehensive historical account tells the story of 200 years of financial panics in America, from 1819 up to the current economic downturn of 2020, showing how and why so many financial crises have occurred in the United States and offering solutions to avoiding these sorts of crises moving forward.
The Landmark Court Battle over Argentina's $100 Billion Debt Restructuring
The dramatic inside story of the most important case in the history of sovereign debt law Argentina's 2001 default on $100 billion in bonds and the messy litigation that followed has had an outsized impact on sovereign debt markets, sovereign debt law, and the International Monetary Fund's policies. This is the sovereign debt case study that ......
The Culture of Western Europe, George L. Mosse's sweeping cultural history, was originally published in 1961 and revised and expanded in 1974 and 1988. Originating from the lectures at the University of Wisconsin-Madison for which Mosse would become famous, the book addresses, in crisp and accessible language, the key issues he saw as animating ......
The Story of Human Labor from Prehistory to the Modern Day
A sweeping history of the full range of human labor Few authors are able to write cogently in both the scientific and the economic spheres. Even fewer possess the intellectual scope needed to address science and economics at a macro as well as a micro level. But Paul Cockshott, using the dual lenses of Marxist economics and technological ......
Financial crises happen time and again in post-industrial economies-and they are extraordinarily damaging. Building on insights gleaned from many years of work in the banking industry and drawing on a vast trove of data, Richard Vague argues that such crises follow a pattern that makes them both predictable and avoidable. A Brief History of Doom ......
The Lost Story of a Strike That Shook London and Helped Launch the Modern Labor Movement
In 1889, Samuel Winkworth Silver's rubber and electrical factory was the site of a massive worker revolt that upended the London industrial district which bore his name: Silvertown. Once referred to as the "Abyss" by Jack London, Silvertown was notorious for oppressive working conditions and the relentless grind of production suffered by its ......
For forty-four months during World War II, the Japanese occupied Singapore, renaming it Syonan and setting out to drastically change life on the island. As part of the occupation, the Japanese created a research bureau, the Chosabu, to study occupied Singapore. The bureau's detailed reports on the economy covered prices, wages, currency, ......
Inside the Fall of Freddie Mac and Why It Could Happen Again
In September 2008, beset by mounting losses on high-risk mortgages and mortgage securities, the Federal Home Loan Mortgage Corporation teetered on the brink of insolvency. Fearing that confidence in the housing market would collapse completely if Freddie Mac and its competitor Fannie Mae failed, the US government made the difficult decision ......