Scientists and Swindlers

Scientists and Swindlers
Author: Paul Lucier
Publisher: JHU Press
Total Pages: 444
Release: 2008-12-22
Genre: Science
ISBN: 1421402858

An “insightful” account of the early fossil fuel industry, the rise of the professional consultant, and the nexus between science and money (Technology and Culture). In this impressively researched, highly original work, Paul Lucier explains how science became an integral part of American technology and industry in the nineteenth century. Scientists and Swindlers introduces us to a new service of professionals: the consulting scientists. Lucier follows these entrepreneurial men of science on their wide-ranging commercial engagements from the shores of Nova Scotia to the coast of California and shows how their innovative work fueled the rapid growth of the American coal and oil industries and the rise of American geology and chemistry. Along the way, he explores the decisive battles over expertise and authority, the high-stakes court cases over patenting research, the intriguing and often humorous exploits of swindlers, and the profound ethical challenges of doing science for money. Starting with the small surveying businesses of the 1830s and reaching to the origins of applied science in the 1880s, Lucier recounts the complex and curious relations that evolved as geologists, chemists, capitalists, and politicians worked to establish scientific research as a legitimate, regularly compensated, and respected enterprise. This sweeping narrative enriches our understanding of how the rocks beneath our feet became invaluable resources for science, technology, and industry.

Fraud

Fraud
Author: Edward J. Balleisen
Publisher: Princeton University Press
Total Pages: 494
Release: 2018-12-18
Genre: History
ISBN: 0691183074

A comprehensive history of fraud in America, from the early nineteenth century to the subprime mortgage crisis In America, fraud has always been a key feature of business, and the national worship of entrepreneurial freedom complicates the task of distinguishing salesmanship from deceit. In this sweeping narrative, Edward Balleisen traces the history of fraud in America—and the evolving efforts to combat it—from the age of P. T. Barnum through the eras of Charles Ponzi and Bernie Madoff. This unprecedented account describes the slow, piecemeal construction of modern institutions to protect consumers and investors—from the Gilded Age through the New Deal and the Great Society. It concludes with the more recent era of deregulation, which has brought with it a spate of costly frauds, including corporate accounting scandals and the mortgage-marketing debacle. By tracing how Americans have struggled to foster a vibrant economy without encouraging a corrosive level of cheating, Fraud reminds us that American capitalism rests on an uneasy foundation of social trust.

Swindlers All, a Brief History of Government Business Frauds from Alexander Hamilton to AIG

Swindlers All, a Brief History of Government Business Frauds from Alexander Hamilton to AIG
Author: Michael Powelson
Publisher: Cambridge Scholars Publishing
Total Pages: 332
Release: 2019-04-24
Genre: History
ISBN: 1527533654

In the wake of the Great Recession of 2007-2008, millions of hardworking Americans lost their jobs and their homes, their retirements, and their income. However, the corporations that caused the Great Recession lost nothing and were, in fact, given trillions of dollars by the government in an unprecedented financial bailout. While over 16 trillion dollars went missing, not a single Wall Street executive was punished or even charged with a crime. This book chronicles some of the government and business frauds carried out throughout US history. These swindles were carried out by such “Founders” as Alexander Hamilton, George Washington, James Madison and Thomas Jefferson. Corruption was also at the core of the Andrew Jackson administration and played a key role in perpetrating the Panic of 1837, and government and business fraud was rampant in the construction of both the transcontinental railroad and the Panama Canal. Court rulings granting corporations the status of “legal personage” were part of a broader scam that extended greater constitutional and legal protections to corporations while denying Blacks and workers their own constitutional and legal rights. Government and business frauds of the 1920s played a prominent role in spawning the Great Depression of 1929, while funding and provisioning the US military has always been inundated with a wide variety of scams. In the early 1990s, government and business scams resulted in the collapse of the savings and loan industry, while the frauds of the early 21st century resulted in the Great Recession of 2007-2008. Today, all of the factors are in place to lead to yet another depression/recession which will be followed inevitably by a massive government bailout of banks and corporations.

DeWitt Clinton and Amos Eaton

DeWitt Clinton and Amos Eaton
Author: David I. Spanagel
Publisher: JHU Press
Total Pages: 285
Release: 2014-04-15
Genre: Biography & Autobiography
ISBN: 1421411040

Explores the origins of American geology and the culture that helped give it rise, focusing on Amos Eaton, the educator and amateur scientist who founded the Rensselaer School, and on DeWitt Clinton, the masterful politician who led the movement for the Erie Canal.

Money for Nothing

Money for Nothing
Author: Thomas Levenson
Publisher: Random House Trade Paperbacks
Total Pages: 481
Release: 2021-05-11
Genre: Business & Economics
ISBN: 0812987969

The sweeping story of the world’s first financial crisis: “an astounding episode from the early days of financial markets that to this day continues to intrigue and perplex historians . . . narrative history at its best, lively and fresh with new insights” (Liaquat Ahamed, Pulitzer Prize–winning author of Lords of Finance) A Financial Times Economics Book of the Year ● Longlisted for the Financial Times/McKinsey Business Book of the Year Award In the heart of the Scientific Revolution, when new theories promised to explain the affairs of the universe, Britain was broke, facing a mountain of debt accumulated in war after war it could not afford. But that same Scientific Revolution—the kind of thinking that helped Isaac Newton solve the mysteries of the cosmos—would soon lead clever, if not always scrupulous, men to try to figure a way out of Britain’s financial troubles. Enter the upstart leaders of the South Sea Company. In 1719, they laid out a grand plan to swap citizens’ shares of the nation’s debt for company stock, removing the burden from the state and making South Sea’s directors a fortune in the process. Everybody would win. The king’s ministers took the bait—and everybody did win. Far too much, far too fast. The following crash came suddenly in a rush of scandal, jail, suicide, and ruin. But thanks to Britain’s leader, Robert Walpole, the kingdom found its way through to emerge with the first truly modern, reliable, and stable financial exchange. Thomas Levenson’s Money for Nothing tells the unbelievable story of the South Sea Bubble with all the exuberance, folly, and the catastrophe of an event whose impact can still be felt today.

A Swindler's Progress

A Swindler's Progress
Author: Kirsten McKenzie
Publisher: Harvard University Press
Total Pages: 372
Release: 2010-03-31
Genre: History
ISBN: 9780674052789

In May 1835 in a Sydney courtroom, a slight, balding man named John Dow stood charged with forgery. The prisoner shocked the room by claiming he was Edward, Viscount Lascelles, eldest son of the powerful Earl of Harewood. The Crown alleged he was a confidence trickster and serial impostor. Was this really the heir to one of Britain's most spectacular fortunes? Part Regency mystery, part imperial history, A Swindler's Progress is an engrossing tale of adventure and deceit across two worlds—British aristocrats and Australian felons—bound together in an emerging age of opportunity and individualism, where personal worth was battling power based on birth alone. The first historian to unravel the mystery of John Dow and Edward Lascelles, Kirsten McKenzie illuminates the darker side of this age of liberty, when freedom could mean the freedom to lie both in the far-flung outposts of empire and within the established bastions of British power. The struggles of the Lascelles family for social and political power, and the tragedy of their disgraced heir, demonstrate that British elites were as fragile as their colonial counterparts. In ways both personal and profound, McKenzie recreates a world in which Britain and the empire were intertwined in the transformation of status and politics in the nineteenth century.

A Companion to the History of Science

A Companion to the History of Science
Author: Bernard Lightman
Publisher: John Wiley & Sons
Total Pages: 629
Release: 2019-11-11
Genre: Science
ISBN: 1119121140

The Wiley Blackwell Companion to the History of Science is a single volume companion that discusses the history of science as it is done today, providing a survey of the debates and issues that dominate current scholarly discussion, with contributions from leading international scholars. Provides a single-volume overview of current scholarship in the history of science edited by one of the leading figures in the field Features forty essays by leading international scholars providing an overview of the key debates and developments in the history of science Reflects the shift towards deeper historical contextualization within the field Helps communicate and integrate perspectives from the history of science with other areas of historical inquiry Includes discussion of non-Western themes which are integrated throughout the chapters Divided into four sections based on key analytic categories that reflect new approaches in the field

Crude Reality

Crude Reality
Author: Brian C. Black
Publisher: Rowman & Littlefield
Total Pages: 305
Release: 2020-09-30
Genre: Business & Economics
ISBN: 1538142481

This concise, accessible introduction to the history of oil tells the story of how petroleum has shaped human life since it was first discovered oozing inconspicuously from the soil. For a century, human dependence on petroleum caused little discomfort as we enjoyed the heyday of cheap crude—a glorious episode of energy gluttony that was destined to end. Today, we see the disastrous results in environmental degradation, political instability, and world economic disparity in the waning years of a petroleum-powered civilization—lessons rooted in the finite nature of oil. Considering the nature of oil itself as well as humans’ remarkable relationship with it, Brian C. Black spotlights our modern conundrum and then explores the challenges of our future without oil. It is this essential context, he argues, that will prepare us for our energy transition. Bringing his global perspective and wide-ranging technical knowledge, Black has written an essential contribution to environmental history and the rapidly emerging field of energy history in this sweeping, forward-looking survey.

Finding Oil

Finding Oil
Author: Brian Frehner
Publisher: U of Nebraska Press
Total Pages: 248
Release: 2011-10-01
Genre: Technology & Engineering
ISBN: 0803234864

Oil has made fortunes, caused wars, and shaped nations. Accordingly, no one questions the idea that the quest for oil is a quest for power. The question we should ask, Finding Oil suggests, is what kind of power prospectors have wanted. This book revises oil?s early history by exploring the incredibly varied stories of the men who pitted themselves against nature to unleash the power of oil. Brian Frehner shows how, despite the towering presence of a figure like John D. Rockefeller as a quintessential ?oil man,? prospectors were a diverse lot who saw themselves, their interests, and their relationships with nature in profoundly different ways. He traces their various pursuits of power from 1859 to 1920 as a struggle for cultural, intellectual, and professional authority, over both nature and their peers. Here we see how some saw power as the work they did exploring and drilling into landscapes, while others saw it in the intellectual work of explaining how and where oil accumulated. Charting the intersection of human and natural history, their story traces the ever-evolving relationship between science and industry and reveals the unsuspected role geology played in shaping our understanding of the history of oil.

Edinburgh Companion to Nineteenth-Century American Letters and Letter-Writing

Edinburgh Companion to Nineteenth-Century American Letters and Letter-Writing
Author: Celeste-Marie Bernier
Publisher: Edinburgh University Press
Total Pages: 752
Release: 2016-02-15
Genre: Literary Criticism
ISBN: 0748692940

This comprehensive study by leading scholars in an important new field-the history of letters and letter writing-is essential reading for anyone interested in nineteenth-century American politics, history or literature. Because of its mass literacy, population mobility, and extensive postal system, nineteenth-century America is a crucial site for the exploration of letters and their meanings, whether they be written by presidents and statesmen, scientists and philosophers, novelists and poets, feminists and reformers, immigrants, Native Americans, or African Americans. This book breaks new ground by mapping the voluminous correspondence of these figures and other important American writers and thinkers. Rather than treating the letter as a spontaneous private document, the contributors understand it as a self-conscious artefact, circulating between friends and strangers and across multiple genres in ways that both make and break social ties.