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The Story of Silver
  • Language: en
  • Pages: 360

The Story of Silver

"This is the story of silver's transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the U.S. economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japan's rise to power before World War II. Bunker Hunt went on a silver-buying spree during the 1970s to protect himself against inflation and triggered a financ...

Volcker
  • Language: en
  • Pages: 464

Volcker

A profile of the former Federal Reserve chairman lauds his handling of multiple economic crises, crediting him with restoring America's financial system in the 1970s and aiding the Obama administration with establishing Wall Street regulations.

The Power of Nothing to Lose
  • Language: en
  • Pages: 198

The Power of Nothing to Lose

Following books by Malcolm Gladwell and Dan Ariely, noted economics professor William L. Silber explores the Hail Mary effect, from its origins in sports to its applications to history, nature, politics, and business. A quarterback like Green Bay’s Aaron Rodgers gambles with a Hail Mary pass at the end of a football game when he has nothing to lose -- the risky throw might turn defeat into victory, or end in a meaningless interception. Rodgers may not realize it, but he has much in common with figures such as George Washington, Rosa Parks, Woodrow Wilson, and Adolph Hitler, all of whom changed the modern world with their risk-loving decisions. In The Power of Nothing to Lose, award-winning...

When Washington Shut Down Wall Street
  • Language: en
  • Pages: 232

When Washington Shut Down Wall Street

When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a central bank in the summer of 1914, the United States resembled a headless financial giant. William McAdoo stepped in with courageous action, we read in Silber's gripping account. He shut the New York Stock Exchange for more than four months to pre...

Volcker
  • Language: en
  • Pages: 497

Volcker

Over the course of nearly half a century, five American presidents-three Democrats and two Republicans-have relied on the financial acumen, and the integrity, of Paul A. Volcker. During his tenure as chairman of the Federal Reserve Board, when he battled the Great Inflation of the 1970s, Volcker did nothing less than restore the reputation of an American financial system on the verge of collapse. After the 2008 financial meltdown, the nation turned again to Volcker to restore trust in a shaky financial system: President Obama would name his centerpiece Wall Street regulation the Volcker Rule. Volcker's career demonstrated that a determined central banker can prevail over economic turmoil-so ...

Financial Options
  • Language: en
  • Pages: 600
The Economies of Argentina and Brazil
  • Language: en
  • Pages: 513

The Economies of Argentina and Brazil

This book compares the successes and failures of the development and growth processes of Argentina and Brazil. It provides important insights into the different performances of these economies through a series of comparative essays written by Argentinian and Brazilian economists. In the last 60 years Argentina and Brazil have both undergone a dramatic process of urbanization and industrialization. While there are similarities between the two, each country has dealt with the side effects in a different manner. In this insightful book, Argentinean and Brazilian economists expertly analyze their country's experiences with processes of industrialization, the performance of the agricultural and s...

Empire of Silver
  • Language: en
  • Pages: 385

Empire of Silver

A thousand-year history of how China’s obsession with silver influenced the country’s financial well-being, global standing, and political stability This revelatory account of the ways silver shaped Chinese history shows how an obsession with “white metal” held China back from financial modernization. First used as currency during the Song dynasty in around 900 CE, silver gradually became central to China’s economic framework and was officially monetized in the middle of the Ming dynasty during the sixteenth century. However, due to the early adoption of paper money in China, silver was not formed into coins but became a cumbersome “weighing currency,” for which ingots had to be constantly examined for weight and purity—an unwieldy practice that lasted for centuries. While China’s interest in silver spurred new avenues of trade and helped increase the country’s global economic footprint, Jin Xu argues that, in the long run, silver played a key role in the struggles and entanglements that led to the decline of the Chinese empire.

Fools
  • Language: en
  • Pages: 204

Fools

LONGLISTED FOR THE NATIONAL BOOK AWARD When is it wise to be a fool for something? From New York to India to Paris, from the Catholic Worker movement to Occupy Wall Street, the characters in Joan Silber's dazzling connected stories tackle this question head-on. Vera, the shy, anarchist daughter of missionary parents, leaves her family for love and activism in New York. A generation later, her doubting daughter insists on the truth of being of two minds, even in marriage. The adulterous son of a Florida hotel owner steals money from his family and departs for Paris, where he finds himself outsmarted in turn. Fools ponders the circle of winners and losers, dupers and duped, and the price we pay for our beliefs, offering readers an unforgettable look at work, faith, love and the eternal quest for personal integrity.

Encyclopedia of Marine Mammals
  • Language: en
  • Pages: 1355

Encyclopedia of Marine Mammals

This thorough revision of the classic Encyclopedia of Marine Mammals brings this authoritative book right up-to-date. Articles describe every species in detail, based on the very latest taxonomy, and a host of biological, ecological and sociological aspects relating to marine mammals. The latest information on the biology, ecology, anatomy, behavior and interactions with man is provided by a cast of expert authors – all presented in such detail and clarity to support both marine mammal specialists and the serious naturalist. Fully referenced throughout and with a fresh selection of the best color photographs available, the long-awaited second edition remains at the forefront as the go-to r...