When turmoil strikes world monetary and financial markets, leaders invariably call for 'a new Bretton Woods' to prevent catastrophic economic disorder and defuse political conflict. The name of the remote New Hampshire town where representatives of forty-four nations gathered in July 1944, in the midst of the century's second great war, has become shorthand for enlightened globalization. The actual story surrounding the historic Bretton Woods accords, however, is full of startling drama, i...

“[A] brilliant book…by far the best study yet” (The Wall Street Journal) of the gripping history behind the Marshall Plan and its long-lasting influence on our world.In the wake of World War II, with Britain’s empire collapsing and Stalin’s on the rise, US officials under new Secretary of State George C. Marshall set out to reconstruct western Europe as a bulwark against communist authoritarianism. Their massive, costly, and ambitious undertaking would con...

From the acclaimed economist-historian and author of The Marshall Plan, a “timely, riveting” (The Washington Post) new perspective on the political career of Henry Wallace—one that will forever change how we view the making of US and Soviet foreign policy at the dawn of the Cold War.Henry Wallace is the most important, and certainly the most fascinating, almost-president in American history. As FDR’s third-term vice president, and a hero to many p...

Winner of the 2010 Hayek Book Prize given by the Manhattan Institute"Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."—Doug Bandow, The Washington TimesIn this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more than sixty years ago. The authors...

"This is a useful, accessible book for lay readers seeking an understanding of the important role that capital flows play in . . . foreign policy." — The EconomistAs trade flows expanded and trade agreements proliferated after World War II, governments—most notably the United States—came increasingly to use their power over imports and exports to influence the behavior of other countries. But trade is not the only way in which nations inte...

Information technology accounts for over one-third of recent U.S. GDP growth and nearly two-thirds of corporate capital investment. ''The New Economy'' appears omnipresent, but little is actually known about its workings.This seminal volume brings together the research and critical thinking of many of the world's top macro and micro economists to provide a unique, multifaceted perspective. Through the use of detailed, up-to-date country and industry studies, this book provides the ...

Winner of the 2010 Hayek Book Prize given by the Manhattan Institute"Money, Markets and Sovereignty is a surprisingly easy read, given the complicated issues covered. In it, Mr. Steil and Mr. Hinds consistently challenge today's statist nostrums."—Doug Bandow, The Washington TimesIn this keenly argued book, Benn Steil and Manuel Hinds offer the most powerful defense of economic liberalism since F. A. Hayek published The Road to Serfdom more ...

“[A] brilliant book…by far the best study yet” (The Wall Street Journal) of the gripping history behind the Marshall Plan and its long-lasting influence on our world.In the wake of World War II, with Britain’s empire collapsing and Stalin’s on the rise, US officials under new Secretary of State George C. Marshall set out to reconstruct western Europe as a bulwark against communist authoritarianism. Their massive, costly, and ambitious undertaking would con...

From the acclaimed economist-historian and author of The Marshall Plan, a “timely, riveting” (The Washington Post) new perspective on the political career of Henry Wallace—one that will forever change how we view the making of US and Soviet foreign policy at the dawn of the Cold War.Henry Wallace is the most important, and certainly the most fascinating, almost-president in American history. As FDR’s third-term vice president, and a hero to many p...

**One of Washington Post's 50 Notable Works of Nonfiction From 2024The first volume in a two-book series about each of the atomic bomb drops that ended the Pacific War based on years of irreplicable personal interviews with survivors to tell a story of devastation and resilience**In this vividly rendered historical narrative, M. G. Sheftall layers the stories of hibakusha—the Japanese word for atomic bomb survivors—in harrowing detail, to give a minute-by-...

From Alex Kershaw, author of the New York Times bestseller Against All Odds, comes an epic story of courage, resilience, and faith during the Second World WarGeneral George Patton needed a miracle. In December 1944, the Allies found themselves stuck. Rain had plagued the troops daily since September, turning roads into rivers of muck, slowing trucks and tanks to a crawl. A thick ceiling of clouds had grounded American warplanes, allowing the Germa...

**AN NPR BEST BOOK OF THE YEAR • This fascinating deep dive into one of the most powerful and least understood American institutions—the Federal Reserve—is “a riveting narrative...[and] an invaluable guide to the monetary policy debates of the last few years" (Liaquat Ahamed, Pulitzer Prize-winning author of Lords of Finance).“The best book on the Fed in our time and a model of financial writing.” –Kirkus**The marble halls of the Federal Reserve have alway...