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Book One Nation Under Gold  How One Precious Metal Has Dominated the American Imagination for Four Centuries

Download or read book One Nation Under Gold How One Precious Metal Has Dominated the American Imagination for Four Centuries written by James Ledbetter and published by Liveright Publishing. This book was released on 2017-06-13 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: One Nation Under Gold examines the countervailing forces that have long since divided America—whether gold should be a repository of hope, or a damaging delusion that has long since derailed the rational investor. Worshipped by Tea Party politicians but loathed by sane economists, gold has historically influenced American monetary policy and has exerted an often outsized influence on the national psyche for centuries. Now, acclaimed business writer James Ledbetter explores the tumultuous history and larger-than-life personalities—from George Washington to Richard Nixon—behind America’s volatile relationship to this hallowed metal and investigates what this enduring obsession reveals about the American identity. Exhaustively researched and expertly woven, One Nation Under Gold begins with the nation’s founding in the 1770s, when the new republic erupted with bitter debates over the implementation of paper currency in lieu of metal coins. Concerned that the colonies’ thirteen separate currencies would only lead to confusion and chaos, some Founding Fathers believed that a national currency would not only unify the fledgling nation but provide a perfect solution for a country that was believed to be lacking in natural silver and gold resources. Animating the "Wild West" economy of the nineteenth century with searing insights, Ledbetter brings to vivid life the actions of Whig president Andrew Jackson, one of gold’s most passionate advocates, whose vehement protest against a standardized national currency would precipitate the nation’s first feverish gold rush. Even after the establishment of a national paper currency, the virulent political divisions continued, reaching unprecedented heights at the Democratic National Convention in 1896, when presidential aspirant William Jennings Bryan delivered the legendary "Cross of Gold" speech that electrified an entire convention floor, stoking the fears of his agrarian supporters. While Bryan never amassed a wide-enough constituency to propel his cause into the White House, America’s stubborn attachment to gold persisted, wreaking so much havoc that FDR, in order to help rescue the moribund Depression economy, ordered a ban on private ownership of gold in 1933. In fact, so entrenched was the belief that gold should uphold the almighty dollar, it was not until 1973 that Richard Nixon ordered that the dollar be delinked from any relation to gold—completely overhauling international economic policy and cementing the dollar’s global significance. More intriguing is the fact that America’s exuberant fascination with gold has continued long after Nixon’s historic decree, as in the profusion of late-night television ads that appeal to goldbug speculators that proliferate even into the present. One Nation Under Gold reveals as much about American economic history as it does about the sectional divisions that continue to cleave our nation, ultimately becoming a unique history about economic irrationality and its influence on the American psyche.

Book Money

    Book Details:
  • Author : Mohammad Ashraf
  • Publisher : Springer Nature
  • Release : 2020-10-05
  • ISBN : 303050378X
  • Pages : 292 pages

Download or read book Money written by Mohammad Ashraf and published by Springer Nature. This book was released on 2020-10-05 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book clarifies some misunderstandings about money by tying the concept of money to the goods and services sector of the economy. In addition, it demystifies the process of money creation on the part of central banks. The phenomenon of money is ubiquitous; it has been around for tens of thousands of years, if not longer. Indeed, no modern economy could function without money. For many, however, the concept of money remains elusive. Worse still, misinformation abounds, which leaves the uninitiated vulnerable to fraud. This lack of understanding has serious policy implications as well. When policymakers lack a firm grasp of the concept, policy is likely to be flawed and its effects are likely to be detrimental to the body politic. After providing a brief history of money, the author details the role of money in the division of labor and specialization, in economic growth, and in an interconnected world. Throughout the book, he points out the pitfalls of fallacious thinking. In recent policy debates, such thinking has led to proposals ranging from the re-institution of the gold standard to supplying limitless money as suggested by Modern Monetary Theory.

Book Black Radical  The Life and Times of William Monroe Trotter

Download or read book Black Radical The Life and Times of William Monroe Trotter written by Kerri K. Greenidge and published by Liveright Publishing. This book was released on 2019-11-19 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner • Mark Lynton History Prize New York Times • Times Critics Top Books of 2019 The award-winning biography that restores William Monroe Trotter to his essential place next to Douglass, Du Bois, and Malcom X in the pantheon of American civil rights heroes. Black Radical reclaims William Monroe Trotter (1872–1934) as a seminal figure whose prophetic yet ultimately tragic—and all too often forgotten—life offers a link from Frederick Douglass to Black Lives Matter. Kerri K. Greenidge renders the drama of turn-of-the-century America, showing how Trotter, a Harvard graduate, a newspaperman and an activist, galvanized black working-class citizens to wield their political power despite the virulent racism of post-Reconstruction America. Situating his story in the broader history of liberal New England to “satisfying” (Casey Cep, The New Yorker) effect, this magnificent biography will endure as the definitive account of Trotter’s life, without which we cannot begin to understand the trajectory of black radicalism in America.

Book Inside Money

Download or read book Inside Money written by Zachary Karabell and published by Penguin. This book was released on 2021-05-18 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the nineteenth century, when America was convulsed by a devastating financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength, propping up the U.S. financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steamship to the railroad, while largely managing to avoid the unwelcome attention that plagued some of its competitors. By the turn of the twentieth century, Brown Brothers was unquestionably at the heart of what was meant by an American Establishment. As America's reach extended beyond its shores, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early twentieth century, where the firm essentially took over the country's economy. To the Brown family, the virtue of their dealings was a given; their form of muscular Protestantism, forged on the playing fields of Groton and Yale, was the acme of civilization, and it was their duty to import that civilization to the world. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the global stage during World War II and thereafter, as its partners served at the highest levels of government to shape the international system that defines the world to this day. In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a thrilling understanding of the larger forces at play, Karabell has created an X-ray of American power--financial, political, cultural--as it has evolved from the early 1800s to the present. Today, unlike many of its competitors, Brown Brothers Harriman remains a private partnership and a beacon of sustainable capitalism, having forgone the heady speculative upsides of the past thirty years but also having avoided any role in the devastating downsides. The firm is no longer in the command capsule of the American economy, but, arguably, that is to its credit. If its partners cleaved to any one adage over the generations, it is that a relentless pursuit of more can destroy more than it creates.

Book Zombie History

    Book Details:
  • Author : Peter Charles Hoffer
  • Publisher : University of Michigan Press
  • Release : 2020-01-02
  • ISBN : 047205452X
  • Pages : 204 pages

Download or read book Zombie History written by Peter Charles Hoffer and published by University of Michigan Press. This book was released on 2020-01-02 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fake history is not a harmless mistake of fact or interpretation. It is a mistake that conceals prejudice; a mistake that discriminates against certain kinds of people; a mistake held despite a preponderance of evidence; a mistake that harms us. Fake history is like the Zombies we see in mass media, for the fake fact, like the fictional Zombie, lives by turning real events and people into monstrous perversions of fact and interpretation. Its pervasiveness reveals that prejudice remains its chief appeal to those who believe it. Its effect is insidious, because we cannot or will not destroy those mischievous lies. Zombie history is almost impossible to kill. Some Zombie history was and is political, a genre of what Hannah Arendt called “organizational lying” about the past. Its makers designed the Zombie to create a basis in the false past for particular discriminatory policies. Other history Zombies are cultural. They encapsulate and empower prejudice and stereotyping. Still other popular history Zombies do not look disfigured, but like Zombies walk among us without our realizing how devastating their impact can be. Zombie History argues that, whatever their purpose, whatever the venue in which they appear, history Zombies undermine the very foundations of disinterested study of the past.

Book Treasure and Empire in the Civil War

Download or read book Treasure and Empire in the Civil War written by Neil P. Chatelain and published by McFarland. This book was released on 2024-03-21 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Across North America's periphery, unknown and overlooked Civil War campaigns were waged over whether the United States or Confederacy would dominate lands, mines, and seaborne transportation networks of North America's mineral wealth. The U.S. needed this wealth to stabilize their wartime economy while the Confederacy sought to expand their own treasury. Confederate armies advanced to seize the West and its gold and silver reserves, while warships steamed to intercept Panama route ships transporting bullion from California to Panama to New York. United States forces responded by expelling Confederate incursions and solidified territorial control by combating Indigenous populations and enacting laws encouraging frontier settlement. The U.S. Navy patrolled key ports, convoyed treasure ships, and integrated continent-wide intelligence networks in the ultimate game of cat and mouse. This book examines the campaigns to control North America's mineral wealth, linking the Civil War's military, naval, political, diplomatic and economic elements. Included are the hemispheric land and sea adventures involving tycoon Cornelius Vanderbilt, admiral and explorer Charles Wilkes, renowned sea captain Raphael Semmes, General Henry Sibley, cowboy and mountain man Kit Carson, Indigenous leaders Mangas Coloradas and Geronimo, writer and miner Mark Twain, and Mormon leader Brigham Young.

Book Ike and McCarthy

    Book Details:
  • Author : David A. Nichols
  • Publisher : Simon and Schuster
  • Release : 2017-03-21
  • ISBN : 1451686625
  • Pages : 446 pages

Download or read book Ike and McCarthy written by David A. Nichols and published by Simon and Schuster. This book was released on 2017-03-21 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: The full, little-known story of how President Dwight Eisenhower masterminded the downfall of the anti-Communist demagogue Senator Joseph McCarthy is “a gripping, detailed account of how the executive branch subtly but decisively defeated one of America’s most dangerous demagogues” (The Washington Post). They shook hands for the cameras, but Dwight Eisenhower privately abhorred Senator Joseph McCarthy, the powerful Republican senator notorious for his anti-Communist campaign. In spite of a public perception that Eisenhower was unwilling to challenge McCarthy, Ike believed that directly confronting the senator would diminish the presidency. Therefore, the president operated—more discreetly and effectively—with a “hidden hand.” In “a thorough, well-written, and surprising picture of a man who was much more than a ‘do-nothing’ president” (Kirkus Reviews, starred review), David A. Nichols shows how the tension between the two men escalated. In a direct challenge to Eisenhower, McCarthy alleged that the US Army was harboring communists and launched an investigation. But the senator had unwittingly signed his own political death warrant. The White House employed surrogates to conduct a clandestine campaign against McCarthy and was not above using information about the private lives of McCarthy’s aides as ammunition. By January 1954 McCarthy was arguably the most powerful member of the Senate. Yet at the end of that year, he had been censured by his colleagues for unbecoming conduct. Eisenhower’s covert operation had discredited the senator months earlier, exploiting the controversy that resulted from the televised Army-McCarthy hearings. McCarthy would never recover his lost prestige. In Ike and McCarthy, Nichols uses documents previously unavailable or overlooked to authenticate the extraordinary story of Eisenhower’s anti-McCarthy campaign. The result is “a well-researched and sturdily written account of what may be the most important such conflict in modern history….Americans have as much to learn today from Eisenhower as his many liberal critics did in 1954” (The Atlantic Monthly).

Book Craft in America

Download or read book Craft in America written by Jo Lauria and published by Potter Style. This book was released on 2007 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Illustrated with 200 stunning photographs and encompassing objects from furniture and ceramics to jewelry and metal, this definitive work from Jo Lauria and Steve Fenton showcases some of the greatest pieces of American crafts of the last two centuries. Potter Craft

Book Luxury Arts of the Renaissance

    Book Details:
  • Author : Marina Belozerskaya
  • Publisher : Getty Publications
  • Release : 2005-10-01
  • ISBN : 0892367857
  • Pages : 292 pages

Download or read book Luxury Arts of the Renaissance written by Marina Belozerskaya and published by Getty Publications. This book was released on 2005-10-01 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today we associate the Renaissance with painting, sculpture, and architecture—the “major” arts. Yet contemporaries often held the “minor” arts—gem-studded goldwork, richly embellished armor, splendid tapestries and embroideries, music, and ephemeral multi-media spectacles—in much higher esteem. Isabella d’Este, Marchesa of Mantua, was typical of the Italian nobility: she bequeathed to her children precious stone vases mounted in gold, engraved gems, ivories, and antique bronzes and marbles; her favorite ladies-in-waiting, by contrast, received mere paintings. Renaissance patrons and observers extolled finely wrought luxury artifacts for their exquisite craftsmanship and the symbolic capital of their components; paintings and sculptures in modest materials, although discussed by some literati, were of lesser consequence. This book endeavors to return to the mainstream material long marginalized as a result of historical and ideological biases of the intervening centuries. The author analyzes how luxury arts went from being lofty markers of ascendancy and discernment in the Renaissance to being dismissed as “decorative” or “minor” arts—extravagant trinkets of the rich unworthy of the status of Art. Then, by re-examining the objects themselves and their uses in their day, she shows how sumptuous creations constructed the world and taste of Renaissance women and men.

Book The Gilded Age

Download or read book The Gilded Age written by Mark Twain and published by . This book was released on 1904 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Grundrisse

    Book Details:
  • Author : Karl Marx
  • Publisher : Penguin UK
  • Release : 2005-11-24
  • ISBN : 0141194030
  • Pages : 1086 pages

Download or read book Grundrisse written by Karl Marx and published by Penguin UK. This book was released on 2005-11-24 with total page 1086 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written during the winter of 1857-8, the Grundrisse was considered by Marx to be the first scientific elaboration of communist theory. A collection of seven notebooks on capital and money, it both develops the arguments outlined in the Communist Manifesto (1848) and explores the themes and theses that were to dominate his great later work Capital. Here, for the first time, Marx set out his own version of Hegel's dialectics and developed his mature views on labour, surplus value and profit, offering many fresh insights into alienation, automation and the dangers of capitalist society. Yet while the theories in Grundrisse make it a vital precursor to Capital, it also provides invaluable descriptions of Marx's wider-ranging philosophy, making it a unique insight into his beliefs and hopes for the foundation of a communist state.

Book Command Of The Air

    Book Details:
  • Author : General Giulio Douhet
  • Publisher : Pickle Partners Publishing
  • Release : 2014-08-15
  • ISBN : 1782898522
  • Pages : 620 pages

Download or read book Command Of The Air written by General Giulio Douhet and published by Pickle Partners Publishing. This book was released on 2014-08-15 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the pantheon of air power spokesmen, Giulio Douhet holds center stage. His writings, more often cited than perhaps actually read, appear as excerpts and aphorisms in the writings of numerous other air power spokesmen, advocates-and critics. Though a highly controversial figure, the very controversy that surrounds him offers to us a testimonial of the value and depth of his work, and the need for airmen today to become familiar with his thought. The progressive development of air power to the point where, today, it is more correct to refer to aerospace power has not outdated the notions of Douhet in the slightest In fact, in many ways, the kinds of technological capabilities that we enjoy as a global air power provider attest to the breadth of his vision. Douhet, together with Hugh “Boom” Trenchard of Great Britain and William “Billy” Mitchell of the United States, is justly recognized as one of the three great spokesmen of the early air power era. This reprint is offered in the spirit of continuing the dialogue that Douhet himself so perceptively began with the first edition of this book, published in 1921. Readers may well find much that they disagree with in this book, but also much that is of enduring value. The vital necessity of Douhet’s central vision-that command of the air is all important in modern warfare-has been proven throughout the history of wars in this century, from the fighting over the Somme to the air war over Kuwait and Iraq.

Book Open Veins of Latin America

Download or read book Open Veins of Latin America written by Eduardo Galeano and published by NYU Press. This book was released on 1997 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: [In this book, the author's] analysis of the effects and causes of capitalist underdevelopment in Latin America present [an] account of ... Latin American history. [The author] shows how foreign companies reaped huge profits through their operations in Latin America. He explains the politics of the Latin American bourgeoisies and their subservience to foreign powers, and how they interacted to create increasingly unequal capitalist societies in Latin America.-Back cover.

Book In What Style Should We Build

Download or read book In What Style Should We Build written by Heinrich Hubsch and published by Getty Publications. This book was released on 1996-07-11 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hubsch's argument that the technical progress and changed living habits of the nineteenth century rendered neoclassical principles antiquated is presented here along with responses to his essay by architects, historians, and critics over two decades.

Book American Holocaust

    Book Details:
  • Author : David E. Stannard
  • Publisher : Oxford University Press
  • Release : 1993-11-18
  • ISBN : 0199838984
  • Pages : 408 pages

Download or read book American Holocaust written by David E. Stannard and published by Oxford University Press. This book was released on 1993-11-18 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: For four hundred years--from the first Spanish assaults against the Arawak people of Hispaniola in the 1490s to the U.S. Army's massacre of Sioux Indians at Wounded Knee in the 1890s--the indigenous inhabitants of North and South America endured an unending firestorm of violence. During that time the native population of the Western Hemisphere declined by as many as 100 million people. Indeed, as historian David E. Stannard argues in this stunning new book, the European and white American destruction of the native peoples of the Americas was the most massive act of genocide in the history of the world. Stannard begins with a portrait of the enormous richness and diversity of life in the Americas prior to Columbus's fateful voyage in 1492. He then follows the path of genocide from the Indies to Mexico and Central and South America, then north to Florida, Virginia, and New England, and finally out across the Great Plains and Southwest to California and the North Pacific Coast. Stannard reveals that wherever Europeans or white Americans went, the native people were caught between imported plagues and barbarous atrocities, typically resulting in the annihilation of 95 percent of their populations. What kind of people, he asks, do such horrendous things to others? His highly provocative answer: Christians. Digging deeply into ancient European and Christian attitudes toward sex, race, and war, he finds the cultural ground well prepared by the end of the Middle Ages for the centuries-long genocide campaign that Europeans and their descendants launched--and in places continue to wage--against the New World's original inhabitants. Advancing a thesis that is sure to create much controversy, Stannard contends that the perpetrators of the American Holocaust drew on the same ideological wellspring as did the later architects of the Nazi Holocaust. It is an ideology that remains dangerously alive today, he adds, and one that in recent years has surfaced in American justifications for large-scale military intervention in Southeast Asia and the Middle East. At once sweeping in scope and meticulously detailed, American Holocaust is a work of impassioned scholarship that is certain to ignite intense historical and moral debate.

Book Utopia

    Book Details:
  • Author : Thomas More
  • Publisher : e-artnow
  • Release : 2019-04-08
  • ISBN : 8027303583
  • Pages : 105 pages

Download or read book Utopia written by Thomas More and published by e-artnow. This book was released on 2019-04-08 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Utopia is a work of fiction and socio-political satire by Thomas More published in 1516 in Latin. The book is a frame narrative primarily depicting a fictional island society and its religious, social and political customs. Many aspects of More's description of Utopia are reminiscent of life in monasteries.

Book Money Meltdown

    Book Details:
  • Author : Judy Shelton
  • Publisher : Simon and Schuster
  • Release : 2009-11-24
  • ISBN : 1439188467
  • Pages : 418 pages

Download or read book Money Meltdown written by Judy Shelton and published by Simon and Schuster. This book was released on 2009-11-24 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this analysis, Shelton calls for a unified international monetary regime—a new Bretton Woods—to lay the foundation for worldwide stability and prosperity in the post-Cold War era. Despite worldwide rhetoric about free trade and the global economy, the leading economic powers have done little to address the most insidious form of protectionism—the inherently unstable international monetary system. In outlining steps toward a new world monetary structure, Judy Shelton elevates the needs of individual producers—who actually create wealth in the global economy—over the programmes of governments.