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A History of Credit and Power in the Western World
The end of the Cold War put the planet on a new track, abruptly replacing the familiar world of bipolarity, red phones, and intercontinental ballistic missiles with the strange new world of the Internet, e-commerce, and Palm Pilots. The "New World Order" was defined by a U.S.-led war against Iraq, bloody ethnic strife in Bosnia and Rwanda, and religious turmoil in Central Asia. This evolving global system, however, overlooked the powerful role of credit, which functions as a critical building block for developing greater national and individual wealth. This volume examines the evolution of credit in the Western world and its relationship to power. Spanning several centuries of human endeavor...
When Small Countries Crash
The public is fascinated with financial crashes. Historians portray the roar of an angry mob toppling presidents or prime ministers and destroying the property of those who are regarded as malefactors. And certainly, financial crisis is often a factor in political change. It is often overlooked, but nonetheless significant that one of the major causes for the French Revolution was the poor state of finances, with the nation coming to bankruptcy. Large systemic financial crises create history. Various actors, big and small, become caught in the drama, contributing to it in their own special way. When Small Countries Crash seeks to capture some of the drama of financial collapses and their imp...
The New Cold War, China, and the Caribbean
This book examines the slide into a new Cold War in the Caribbean. The primary argument is that the Caribbean’s geopolitics have shifted from a period of relative great power disinterest in the aftermath of the Cold War to a gradual movement into a new Cold War in which a global rivalry between the U.S. and China is acted out regionally. The result of this is a gradual polarization of countries in the Caribbean as they are increasingly pressured to choose between Washington and Beijing (this being very evident during the Trump years). It can be argued that the U.S. focus on the Caribbean in the late 1990s through the early 21st century diminished, leaving the region open to a China ready and eager to do business and guided by a diverse set of objectives. The book brings the reader into a discussion on international relations with a main focus on U.S.-Chinese relations being played out in the Caribbean, an important strategic region for the North American country.
Separating Fools from Their Money
What do Michael Milken and Martha Stewart have in common? (Answer: Both became public scapegoats for an outrageous era of greed and excess.) What was the most outrageous party thrown by a financial baron of the twentieth century? (Answer: Tough call, but either Michael Milken's Predators Ball in 1985, or Dennis Kozlowski's Sardinian birthday bash in 2001, with its vodka-spouting sculpture.) Which U.S. war hero president became party to, and victim of, an unabashed con man known as the Napoleon of Wall Street? (Answer: Ulysses S. Grant, but it's a long story.)These questions and more are discussed in Scott MacDonald and Jane Hughes' Separating Fools from Their Money. The authors trace the his...
Dancing on a Volcano
This book is an informative and well written piece of research on a contemporary issues of major interest to the United States. . . . Most highly recommended. La Red/The Net Provides in one place a well written survey of the problem of the drug trade in the Americas, especially on the socio-economic and political aspects of the phenomena. The book will serve as a useful resource to persons working in Latin American drug trade. Caribbean Review This short book is an excellent introduction to the complicated history and turbulent present-day status of illegal drugs in several Latin American neighborhoods. National Catholic News Service This provocative, informative book explores what is rapidl...
Adventures of Perception
"These essays are among Scott MacDonald's best. An added bonus among all this new work is one updated vintage essay from 1981—still the very best essay ever written about the uses of pornography. All the essays are intellectually, personally and viscerally vibrant, coupling substantive recent essays with his trademark, probing interviews with key filmmakers. Each interview is beautifully paired with the essays. Scott MacDonald is a monument to thoughtful knowledge of, and pleasure in, avant-garde cinema."—Linda Williams, author of Screening Sex "More than any other critic, Scott MacDonald truly explores contemporary experimental cinema, seeking out new works and new artists, reconsiderin...
Dancing on a Volcano
This book is an informative and well written piece of research on a contemporary issues of major interest to the United States. . . . Most highly recommended. La Red/The Net Provides in one place a well written survey of the problem of the drug trade in the Americas, especially on the socio-economic and political aspects of the phenomena. The book will serve as a useful resource to persons working in Latin American drug trade. Caribbean Review This short book is an excellent introduction to the complicated history and turbulent present-day status of illegal drugs in several Latin American neighborhoods. National Catholic News Service This provocative, informative book explores what is rapidl...
A History of Credit and Power in the Western World
The end of the Cold War put the planet on a new track, abruptly replacing the familiar world of bipolarity, red phones, and intercontinental ballistic missiles with the strange new world of the Internet, e-commerce, and Palm Pilots. The "New World Order" was defined by the first U.S.-led war against Iraq, bloody ethnic strife in Bosnia and Rwanda, and religious turmoil in Central Asia. This evolving global system, however, overlooked the powerful role of credit, which functions as a critical building block for developing greater national and individual wealth. This volume examines the evolution of credit in the Western world and its relationship to power. Spanning several centuries of human endeavor, it focuses on Western Europe and the United States and also considers how the Western system became the global credit system. Now available in paperback, A History of Credit and Power in the Western World is a highly accessible, innovative and well-written volume that will engage historians and economists alike.
State Capitalism's Uncertain Future
The global economy is changing: experts are noting slow growth in the advanced economies, greater volatility in international markets, and the emergence of state-owned companies in the competitive marketplace. This forward-looking reference explores the role that state capitalism plays within the political structures of countries throughout the world. The text begins with an introduction to state capitalism, moves into an in-depth examination of several countries and regions, and concludes with a discussion on the future of state capitalism in the next decade. Coauthors Scott B. MacDonald.
Separating Fools from Their Money
What do Michael Milken and Martha Stewart have in common? What was the most outrageous party thrown by a financial baron of the twentieth century? Which US war hero president became party to, and victim of, an unabashed con man known as the Napoleon of Wall Street? These questions and more are discussed in Separating Fools from Their Money. The authors trace the history of financial scandals beginning with young republic days through the Enron/WorldCom debacle of modern times. Informative and entertaining, this book reveals human nature in all of its dubious shades of gray. It also exposes themes common to all financial scandals, which remain astonishingly unchanged over time—greed, hubris, media connections, self-interested politicians, and booms-gone-bust, to name a few. This second edition features a new preface and introduction, plus three new chapters, which address the financial panic of 2008, post-panic scandals, and the “princes of Ponzi.” This book’s accessible writing will interest the casual business reader as well as the seasoned investor.
