When Wall Street Met Main Street

When Wall Street Met Main Street

Author: Julia C. Ott

Publisher: Harvard University Press

Published: 2011-06-14

Total Pages: 348

ISBN-13: 0674050657

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The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice? Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism. By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform.


F. A. Hayek and the Modern Economy

F. A. Hayek and the Modern Economy

Author: S. Peart

Publisher: Springer

Published: 2013-12-10

Total Pages: 257

ISBN-13: 1137354364

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What is the role of human agency in Friedrich Hayek's thought? This volume situates Hayek's writing as it relates to economic organization and activity, particularly to assess what role Hayek assigns to leaders in determining economic progress.


The Age of Nixon

The Age of Nixon

Author: Carl Freedman

Publisher: John Hunt Publishing

Published: 2012

Total Pages: 298

ISBN-13: 1846949432

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The fundamental argument this book is, first, that Richard Nixon, though not generally regarded as a charismatic or emotionally outgoing politician like Franklin Roosevelt or Ronald Reagan, did establish profound psychic connections with the American people, connections that can be detected both in the brilliant electoral success that he enjoyed for most of his career and in his ultimate defeat during the Watergate scandal; and, second and even more important, that these connections are symptomatic of many of the most important currents in American life. The book is not just a work of political history or political biography but a study of cultural power: that is, a study in the ways that culture shapes our politics and frames our sense of possibilities and values. In its application of Marxist, psychoanalytic, and other theoretical tools to the study of American electoral politics, and in a way designed for the general as well as for the academic reader, it is a new kind of book.


Nixon's Nuclear Specter

Nixon's Nuclear Specter

Author: William Burr

Publisher: University Press of Kansas

Published: 2015-06-15

Total Pages: 472

ISBN-13: 0700620826

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In their initial effort to end the Vietnam War, Richard Nixon and Henry Kissinger attempted to lever concessions from Hanoi at the negotiating table with military force and coercive diplomacy. They were not seeking military victory, which they did not believe was feasible. Instead, they backed up their diplomacy toward North Vietnam and the Soviet Union with the Madman Theory of threatening excessive force, which included the specter of nuclear force. They began with verbal threats then bombed North Vietnamese and Viet Cong base areas in Cambodia, signaling that there was more to come. As the bombing expanded, they launched a previously unknown mining ruse against Haiphong, stepped-up their warnings to Hanoi and Moscow, and initiated planning for a massive shock-and-awe military operation referred to within the White House inner circle as DUCK HOOK. Beyond the mining of North Vietnamese ports and selective bombing in and around Hanoi, the initial DUCK HOOK concept included proposals for “tactical” nuclear strikes against logistics targets and U.S. and South Vietnamese ground incursions into the North. In early October 1969, however, Nixon aborted planning for the long-contemplated operation. He had been influenced by Hanoi's defiance in the face of his dire threats and concerned about U.S. public reaction, antiwar protests, and internal administration dissent. In place of DUCK HOOK, Nixon and Kissinger launched a secret global nuclear alert in hopes that it would lend credibility to their prior warnings and perhaps even persuade Moscow to put pressure on Hanoi. It was to be a “special reminder” of how far President Nixon might go. The risky gambit failed to move the Soviets, but it marked a turning point in the administration's strategy for exiting Vietnam. Nixon and Kissinger became increasingly resigned to a “long-route” policy of providing Saigon with a “decent chance” of survival for a “decent interval” after a negotiated settlement and U.S. forces left Indochina. Burr and Kimball draw upon extensive research in participant interviews and declassified documents to unravel this intricate story of the October 1969 nuclear alert. They place it in the context of nuclear threat making and coercive diplomacy since 1945, the culture of the Bomb, intra-governmental dissent, domestic political pressures, the international “nuclear taboo,” and Vietnamese and Soviet actions and policies. It is a history that holds important lessons for the present and future about the risks and uncertainties of nuclear threat making.


Nixoncarver

Nixoncarver

Author: Mark Maxwell

Publisher: St. Martin's Press

Published: 2014-08-05

Total Pages: 208

ISBN-13: 1466877677

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Richard Nixon and Raymond Carver are walking on a California beach when they meet in this imaginative novel that creates a fictional friendship between the ex-president and the short story writer. In subtle ways, their lives intertwine to explore what it means to achieve, overcome and suffer. In his startling, sparkling debut, Nixoncarver, Mark Maxwell has conjured a portrait of two troubled, brilliant men, and the gradual processes of their emotional recovery.


The Palgrave Companion to Harvard Economics

The Palgrave Companion to Harvard Economics

Author: Robert A. Cord

Publisher: Springer Nature

Published: 2024

Total Pages: 1152

ISBN-13: 303152053X

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Harvard University has been and continues to be one of the most important global centres for economics. With three chapters on themes in Harvard economics and 41 chapters on the lives and work of Harvard economists, these two volumes show how economics became established at the University, how it produced some of the world’s best-known economists, including Joseph Schumpeter, Wassily Leontief and John Kenneth Galbraith, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, the volumes provide economists – especially those interested in macroeconomics and the history of economic thought – with an in-depth analysis of Harvard economics. Robert A. Cord holds a PhD from the University of Cambridge, and his areas of interest include the history of economic thought and, within this, the history of macroeconomics. His publications include Reinterpreting the Keynesian Revolution (2012), Milton Friedman: Contributions to Economics and Public Policy (co-editor; 2016) and The Palgrave Companion to Chicago Economics (editor; 2022).


Hayek: A Collaborative Biography

Hayek: A Collaborative Biography

Author: Robert Leeson

Publisher: Springer

Published: 2017-11-22

Total Pages: 494

ISBN-13: 3319617141

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This tenth part of Robert Leeson's collaborative biography of Friedrich August von Hayek explores Hayek’s thought on the free market and democracy. Using an unparalleled array of archival materials, Leeson reconstructs Hayek’s thinking as the notorious economist and his acolytes set about reshaping the post-war economic order. Darker areas of Hayek’s thought are also explored, including the influence of eugenics on his thought and his support for radical right-wing dictatorships in South America. Leeson concludes this volume with a collection of chapters written by eminent scholars of Hayek. These chapters cover subjects as diverse as Hayek’s influence on scholars of Darwinian evolution, his views on psychology, and cultural evolution.