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...

Winner of the New-York Historical Society Barbara and David Zalaznick Book Prize in American HistoryWinner of the American Academy of Diplomacy Douglas Dillon AwardShortlisted for the Duff Cooper Prize in Literary NonfictionFrom the author of Battle of Bretton Woods comes a “brilliant book…by far the best study yet” (The Wall Street Journal) of the gripping history behind the Marshall Plan an...

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...

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...

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 ...

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 New-York Historical Society Barbara and David Zalaznick Book Prize in American HistoryWinner of the American Academy of Diplomacy Douglas Dillon AwardShortlisted for the Duff Cooper Prize in Literary NonfictionFrom the author of Battle of Bretton Woods comes a “brilliant book…by far the best study yet” (The Wall Street Journal) of the gripping history behind the Marshall Plan an...

Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of ...

The next financial collapse will resemble nothing in history. . . . Deciding upon the best course to follow will require comprehending a minefield of risks, while poised at a crossroads, pondering the death of the dollar.The U.S. dollar has been the global reserve currency since the end of World War II. If the dollar fails, the entire international monetary system will fail with it. But optimists have always said, in essence, that confidence in the dollar will neve...

Dive into the gripping world of international ecocomics through American lawyer, investment banker, media commentator, and author, James G. Rickards's expertise and thought-provoking insights.From collapsed paper currencies and hidden agendas of soveriegn wealth funds to the very real threats of national security, James G. Rickards scrutinizes the history and disastrous outcomes of currency wars, shedding light on the potential crisis that looms over the United Sta...