Benjamin Franklin and the Politics of Improvement

Benjamin Franklin and the Politics of Improvement
Author: Alan Craig Houston
Publisher: Yale University Press
Total Pages: 336
Release: 2008-11-18
Genre: Biography & Autobiography
ISBN: 0300152396

This fascinating book explores Benjamin Franklin’s social and political thought. Although Franklin is often considered “the first American,” his intellectual world was cosmopolitan. An active participant in eighteenth-century Atlantic debates over the modern commercial republic, Franklin combined abstract analyses with practical proposals. Houston treats Franklin as shrewd, creative, and engaged—a lively thinker who joined both learned controversies and political conflicts at home and abroad. Drawing on meticulous archival research, Houston examines such tantalizing themes as trade and commerce, voluntary associations and civic militias, population growth and immigration policy, political union and electoral institutions, freedom and slavery. In each case, he shows how Franklin urged the improvement of self and society. Engagingly written and richly illustrated, this book provides a compelling portrait of Franklin, a fresh perspective on American identity, and a vital account of what it means to be practical.

The Way to Wealth

The Way to Wealth
Author: Benjamin Franklin
Publisher:
Total Pages: 16
Release: 1848
Genre: Saving and investment
ISBN:

The Money Makers

The Money Makers
Author: Eric Rauchway
Publisher: Basic Books
Total Pages: 337
Release: 2015-10-27
Genre: Business & Economics
ISBN: 0465061567

Shortly after arriving in the White House in early 1933, Franklin Roosevelt took the United States off the gold standard. His opponents thought his decision unwise at best, and ruinous at worst. But they could not have been more wrong. With The Money Makers, Eric Rauchway tells the absorbing story of how FDR and his advisors pulled the levers of monetary policy to save the domestic economy and propel the United States to unprecedented prosperity and superpower status. Drawing on the ideas of the brilliant British economist John Maynard Keynes, among others, Roosevelt created the conditions for recovery from the Great Depression, deploying economic policy to fight the biggest threat then facing the nation: deflation. Throughout the 1930s, he also had one eye on the increasingly dire situation in Europe. In order to defeat Hitler, Roosevelt turned again to monetary policy, sending dollars abroad to prop up the faltering economies of Britain and, beginning in 1941, the Soviet Union. FDR's fight against economic depression and his fight against fascism were indistinguishable. As Rauchway writes, "Roosevelt wanted to ensure more than business recovery; he wanted to restore American economic and moral strength so the US could defend civilization itself." The economic and military alliance he created proved unbeatable-and also provided the foundation for decades of postwar prosperity. Indeed, Rauchway argues that Roosevelt's greatest legacy was his monetary policy. Even today, the "Roosevelt dollar" remains both the symbol and the catalyst of America's vast economic power. The Money Makers restores the Roosevelt dollar to its central place in our understanding of FDR, the New Deal, and the economic history of twentieth-century America. We forget this history at our own peril. In revealing the roots of our postwar prosperity, Rauchway shows how we can recapture the abundance of that period in our own.