Origins of the Federal Reserve System

Origins of the Federal Reserve System
Author: James Livingston
Publisher: Cornell University Press
Total Pages: 253
Release: 2018-08-06
Genre: History
ISBN: 1501724711

The rise of corporate capitalism during the late 19th and early 20th centuries has long been a source of lively debate among historians. In Origins of the Federal Reserve System, James Livingston approaches this controversial topic from a fresh perspective, asking how, during this era, a "new order of corporation men" made itself the preeminent source of knowledge on all significant economic issues and thereby changed the character of public and political discourse in the United States. The book seeks to uncover the roots of the Federal Reserve System and to explain the awakening and articulation of class consciousness among America's urban elite, two phenomena that its author sees as inseparable. According to Livingston, the movement for banking and monetary reform that led to the creation of the Federal Reserve System played an important role in the general transition from entrepreneurial to corporate capitalism: it was during this struggle for reform that a group of business leaders first emerged as a new corporate social class. This interdisciplinary account of the social, cultural, and intellectual Origins of the Federal Reserve System offers both a discussion of the sources of modern public policy and a persuasive study of upper-class formation in the United States. The book will interest a wide audience of historians, economists, political scientists, sociologists, and others who wish to understand the rise of America's corporate elite, the class that has played a large-if not dominant-role in 20thcentury America.

A History of American Biography, 1800-1935

A History of American Biography, 1800-1935
Author: Edward H. O'Neill
Publisher: University of Pennsylvania Press
Total Pages: 440
Release: 2015-09-30
Genre: Biography & Autobiography
ISBN: 1512818313

A survey and evaluation of the whole range of American biography, from the earliest important lives to book of the present day.

Presidential Misconduct

Presidential Misconduct
Author: James M. Banner Jr.
Publisher: The New Press
Total Pages: 454
Release: 2019-07-02
Genre: History
ISBN: 1620975505

Named a best book of the year by The Economist and Foreign Affairs "A whole book devoted exclusively to the misconduct of American presidents and their responses to charges of misconduct is without precedent." —from the introduction to the 1974 edition by C. Vann Woodward, Pulitzer Prize–winning Yale historian The historic 1974 report for the House Committee on the Judiciary, updated for today by leading presidential historians In May 1974, as President Richard Nixon faced impeachment following the Watergate scandal, the House Judiciary Committee commissioned a historical account of the misdeeds of past presidents. The account, compiled by leading presidential historians of the day, reached back to George Washington's administration and was designed to provide a benchmark against which Nixon's misdeeds could be measured. What the report found was that, with the exception of William Henry Harrison (who served less than a month), every American president has been accused of misconduct: James Buchanan was charged with rigging the election of 1856; Ulysses S. Grant was reprimanded for not firing his corrupt staffer, Orville Babcock, in the "Whiskey Ring" bribery scandal; and Franklin D. Roosevelt's administration faced repeated charges of malfeasance in the Works Progress Administration. Now, as another president and his subordinates face an array of charges on a wide range of legal and constitutional offenses, a group of presidential historians has come together under the leadership of James M. Banner, Jr.—one of the historians who contributed to the original report—to bring the 1974 account up to date through Barack Obama's presidency. Based on current scholarship, this new material covers such well-known episodes as Nixon's Watergate crisis, Reagan's Iran-Contra scandal, Clinton's impeachment, and George W. Bush's connection to the exposure of intelligence secrets. But oft-forgotten events also take the stage: Carter's troubles with advisor Bert Lance, Reagan's savings and loan crisis, George H.W. Bush's nomination of Clarence Thomas to the Supreme Court, and Obama's Solyndra loan controversy. The only comprehensive study of American presidents' misconduct and the ways in which chief executives and members of their official families have responded to the charges brought against them, this new edition is designed to serve the same purpose as the original 1974 report: to provide the historical context and metric against which the actions of the current administration may be assessed.

The Invisible Hand of Peace

The Invisible Hand of Peace
Author: Patrick J. McDonald
Publisher: Cambridge University Press
Total Pages: 339
Release: 2009-03-02
Genre: Political Science
ISBN: 1139478028

The Invisible Hand of Peace shows that the domestic institutions associated with capitalism, namely private property and competitive market structures, have promoted peace between states over the past two centuries. It employs a wide range of historical and statistical evidence to illustrate both the broad applicability of these claims and their capacity to generate new explanations of critical historical events, such as the emergence of the Anglo-American friendship at the end of the nineteenth century, the outbreak of World War I, and the evolution of the recent conflict across the Taiwan Strait. By showing that this capitalist peace has historically been stronger than the peace among democratic states, these findings also suggest that contemporary American foreign policy should be geared toward promoting economic liberalization rather than democracy in the post-9/11 world.

Mr. Speaker!

Mr. Speaker!
Author: James Grant
Publisher: Simon and Schuster
Total Pages: 450
Release: 2012-05-15
Genre: Biography & Autobiography
ISBN: 1416544941

Originally published: New York: Simon & Schuster, 2011.

Biographical Dictionary of the United States Secretaries of the Treasury, 1789-1995

Biographical Dictionary of the United States Secretaries of the Treasury, 1789-1995
Author: Bernard S. Katz
Publisher: Bloomsbury Publishing USA
Total Pages: 430
Release: 1996-12-09
Genre: Business & Economics
ISBN: 1567508138

Describing the men who have led the U.S. Treasury since its creation in 1789, this book profiles those who have held the cabinet position of Secretary of the Treasury from Alexander Hamilton to Robert Rubin. Each profile provides the reader with an understanding of the man, the problems he faced, and the contributions he made. While focusing on the economic policy problems of an era and the solutions the secretary offered, each profile also includes a vignette illustrating the secretary's personality and background. Some represent backgrounds of money and power, others backgrounds of simplicity and anonymity. Some came to the office with greater stature than when they left, while others made a significant mark on our nation's financial history. Alexander Hamilton, the first Secretary of the Treasury, besides collecting and dispersing the public revenue, made the Treasury a prime agency for promoting the country's economic development and fiscal soundness. Since the Great Depression, the Treasury's regulatory functions have been articulated and elaborated. Working with the President's cabinet and with maximum statistical data, the secretaries have sought to analyze the economic outlook and to coordinate official actions, including policies to maintain a strong and stable U.S. dollar. The essays in this book, written by 24 authorities, illustrate how the Secretary of the Treasury is responsible for formulating and recommending domestic and international financial, economic, and tax policy, participating in the formulation of broad fiscal policies with general significance for the economy, and managing the public debt. The biographies illustrate continuing themes of fiscal management as our nation evolved over 200 stormy years of history. They also provide an intimate look at 69 individual secretaries, with stories and facts about their leadership, ideas, style, and administrative prowess, together with their personality and family lives.

Not Without Honor

Not Without Honor
Author: Ben H. Procter
Publisher: University of Texas Press
Total Pages: 384
Release: 2014-05-23
Genre: Biography & Autobiography
ISBN: 0292763891

John H. Reagan was one of the most important figures in Texas history; this was the first biography of him to be published. Reagan, who was born in Sevier County, Tennessee, in 1818, came to Texas twenty-one years later—while Texas was still a republic—and stayed to play many major roles in its later economic and political development. In this excellent biography, Ben H. Procter not only re-creates for us the character of the man, with his forthright integrity and his boundless desire for knowledge, but also places him against the background of the time in which he lived. In vivid language Procter portrays the violence and vigor of pioneer life, the excitement of frontier politics, the dedication, devotion, enthusiasm, and—ultimately—despair of the Civil War, and the bitterness of the struggle with the railroad tycoons and their gargantuan monopolies. Spanning as it does the Republic of Texas, early statehood, the Confederacy, Reconstruction, and the era of the "robber barons," the story of John H. Reagan encompasses a panoramic sweep of mid- to late-nineteenth-century United States history. Throughout his long life, respect came to Reagan almost as a matter of course. The forceful strength of his personality made an impression few people could ignore. From the day when Colonel Durst hired the young Reagan as a tutor for his children, exclaiming, "This man is a scholar," until the day some fifty years later when Governor Hogg persuaded him to leave the U.S. Senate to become chairman of the new Railroad Commission because the Commission "must be above reproach," his extraordinary character and ability were recognized. In fact, the perceptive intelligence that made him examine all aspects of a situation, and the sturdy integrity and courage that made it impossible for him to abandon a position he believed to be right simply because it was for the moment unpopular, frequently gave him the appearance of a prophet. Although this "prophetic gift" occasionally led to interludes of public disfavor, Reagan was accorded honor, even in his own land—and in later years veneration—that any prophet might envy.

Democracy in Desperation

Democracy in Desperation
Author: Douglas Steeples
Publisher: Bloomsbury Publishing USA
Total Pages: 276
Release: 1998-09-24
Genre: History
ISBN: 0313002207

The Panic of 1893 and the depression it triggered mark one of the decisive crises in American history. Devastating broad sections of the country like a tidal wave, the depression forced the nation to change its way of life and altered the pattern and pace of national development ever after. The depression served as the setting for the transformation from an agricultural to an industrial society, exposed grave economic and social problems, sharply tested the country's resourcefulness, reshaped popular thought, and changed the direction of foreign policy. It was a crucible in which the elements of the modern United States were clarified and refined. Yet no study to date has examined the depression in its entirety. This is the first book to treat these disparate matters in detail, and to trace and interpret the business contraction of the 1890s in the context of national economic, political, and social development. Steeples and Whitten first explain the origins of the depression, measure its course, and interpret the business recovery, giving full coverage to structural changes in the economy; namely, the growing importance of manufacturing, emergence of new industries, consolidation of business, and increasing importance of finance capitalism. The remainder of the book examines the depression's impact on society—discussing, for example, unemployment, birth rate, health, and education—and on American culture, politics and international relations. Placing the business collapse at the center of the scene, the book shows how the depression was a catalyst for ushering in a more modern America.