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The new and classic books featured on this page offer expert histories on previous economic collapses, critical analyses of the policies leading to the current economic downturn, and insightful perspectives on the potential impact of this tumultuous period.


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CATEGORIES:
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Business History & Case Studies

Behavioral Economics


Economics

Social & Political Economics

Global Economics

Autobiography & Biography



Business History & Case Studies


Age of Betrayal

Age of Betrayal
The Triumph of Money in America, 1865-1900

by Jack Beatty

“An engaging, responsible and compelling book. It offers an excellent introduction to the epic saga of late 19th-century America and an important message for our own time.”
The San Diego Union-Tribune


Traitor to His Class

Traitor to His Class
The Privileged Life and Radical Presidency of Franklin Delano Roosevelt

by H.W. Brands

From FDR’s championship of the poor to his political genius and visionary leadership, H.W. Brands delivers a sweeping, magisterial biography of this towering figure of the twentieth century.


The Last Tycoons

New

House of Cards
A Tale of Hubris and Wretched Excess on Wall Street

by William D. Cohan

William D. Cohan’s new shocking narrative chronicles the fall of Bear Stearns and the end of the Second Gilded Age on Wall Street. Bear Stearns explains how a combination of risky bets, corporate political infighting, lax government regulations and truly bad decision-making wrought havoc on the world financial system.


The Last Tycoons

The Last Tycoons
The Secret History of Lazard Frères & Co.

by William D. Cohan

A grand and revelatory portrait of Wall Street’s most storied investment bank.


How Capitalism Saved America

How Capitalism Saved America
The Untold History of Our Country, from the Pilgrims to the Present

by Thomas DiLorenzo

Thomas DiLorenzo, Professor of economics at Loyola College, gives a capitalistic argument about how America became the most prosperous nation on earth—and how the sort of government regulation that politicians and pundits endorse has hindered economic growth. DiLorenzo explodes numerous myths that have become conventional wisdom, including the lie that the corporatist regime we live under has any relation to the free market.


Conspiracy of Fools

Conspiracy of Fools
A True Story

by Kurt Eichenwald

In late 2001, the Enron Corporation imploded virtually overnight, leaving vast wreckage in its wake and sparking a criminal investigation that would last for years. Conspiracy of Fools provides a full account of the company's downfall from an award-winning New York Times reporter.


The Accidental Investment Banker

The Accidental Investment Banker
Inside the Decade That Transformed Wall Street

by Jonathan A. Knee

“A rare, ringside seat inside the madcap and often egomaniacal world of Wall Street’s Masters of the Universe. . . . For would-be bankers, the book is an excellent primer on what it’s really like; for current bankers it will be a guilty pleasure.”
The New York Times


When Genius Failed

When Genius Failed
The Rise and Fall of Long-Term Capital Management
by Roger Lowenstein

When Genius Failed is the cautionary financial tale of our time, the gripping saga of what happened when an elite group of investors believed they could actually deconstruct risk and use virtually limitless leverage to create limitless wealth. In Roger Lowensteins hands, it is a brilliant tale peppered with fast money, vivid characters, and high drama.

“Story-telling journalism at its best.”
The Economist


The Great Depression

The Great Depression
America 1929-1941
by Robert S. McElvaine

“Fair-minded, incisive, thoroughly informed, and eminently readable, The Great Depression is a fine account of the ordeal of the 1930s—one that does justice to the social and cultural dimensions of economic crisis as well as to its political and economic impact.”
—Arthur Schlesinger, Jr.


The Company

The Company
A Short History of a Revolutionary Idea
by John Micklethwait and Adrian Wooldridge

“Rich in notes, concise yet complete, thoroughly objective, and written to inform and engage a wide range of readers, The Company is a wonderful addition to the business history of literature.”
Choice (American Library Association)


Slow Food Nation

FDR's Folly
How Roosevelt and His New Deal Prolonged the Great Depression

by Jim Powell

A book that sheds new light on what prolonged the Great Depression and how is timed perfectly, especially in today’s current climate, which resembles that of the late 1920s and 1930s both economically and politically.

“Powell’s analysis is thoroughly documented, relying on an impressive variety of popular and academic literature both contemporary and historical.”
—Milton Friedman, Nobel Laureate, Hoover Institution


At Any Cost

At Any Cost
Jack Welch, General Electric, and the Pursuit of Profit

by Thomas F. O'Boyle

“O'Boyle has made Welch the poster boy for modern capitalism and all the ills that accompany it: downsizing, deal-making, ethical violations, pollution.”
The Boston Globe

“O'Boyle has researched and written a monumental book that should be mandatory reading for all CEOs and anyone concerned with business ethics.”
The Philadelphia Inquirer


American-Made

New
American-Made

The Enduring Legacy of the WPA: When FDR Put the Nation to Work

by Nick Taylor

This is the first history of one of the most controversial, humane, and enduring programs to come out of the terrible Depression years of the 1930s.


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Behavioral Economics


Ubiquity

Ubiquity
Why Catastrophes Happen
by Mark Buchanan

Why do catastrophes happen? Why does the stock market periodically suffer dramatic crashes? Experts have never been able to explain the causes of any of these disasters. Now scientists have discovered that these seemingly unrelated cataclysms, both natural and human, almost certainly all happen for one fundamental reason. More than that, there is not and never will be any way to predict them.


Sway

Sway
The Irresistible Pull of Irrational Behavior

by Ori Brafman and Rom Brafman

A fascinating journey into the hidden psychological influences that derail our decision-making, Sway will change the way you think about the way you think.

Sway helped me recognize an aspect of irrational behavior in my experimental work in physics. Sometimes I have jumped into some research that didn't feel quite right . . . but some irrational lure, such as the hope of quick success, pulled me in. ”
Martin L. Perl, 1995 Nobel Laureate in Physics


Stumbling on Happiness

Stumbling on Happiness
by Daniel Gilbert

“This is a psychological detective story about one of the great mysteries of our lives. If you have even the slightest curiosity about the human condition, you ought to read it. Trust me.”
—Malcolm Gladwell, author of Blink and The Tipping Point


The Drunkard's Walk

New
The Drunkard's Walk

How Randomness Rules Our Lives

by Leonard Mlodinow

The Drunkard's Walk is a magnificent exploration of the role that chance plays in our lives. Often historical, occasionally hysterical, and consistently smart and funny, this book challenges everything we think we know about how the world works. The probability is high that you will be entertained and enlightened by this intelligent charmer.”
—Daniel Gilbert, Professor of Psychology, Harvard University, author of Stumbling on Happiness


The Wisdom of Crowds

The Wisdom of Crowds
by James Surowiecki

“It has become increasingly recognized that the average opinions of groups is frequently more accurate than most individuals in the group. The author has written a most interesting survey of the many studies in this area and discussed the limits as well as the achievements of self-organization.”
—Kenneth Arrow, winner of the Nobel Prize in Economics and Professor of Economics (Emeritus), Stanford University


The Black Swan

The Black Swan
The Impact of the Highly Improbable

by Nassim Nicholas Taleb

“Nassim Taleb challenges us, his readers, to be as fearless as he is in puncturing phony expertise and in confronting the severe limits on human knowledge of both past and future. Read this book to learn how to think about an awe-inspiringly capricious world—and maintain a reasonably good sense of humor about it all.”
—Philip E. Tetlock, University of California, Berkeley, and author of Expert Political Opinions


Fooled by Randomness

Fooled by Randomness
The Hidden Role of Chance in Life and in the Markets

by Nassim Nicholas Taleb

Fooled By Randomness . . . is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”
The New Yorker

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Economics


The Origin of Financial Crises

New
The Origin of Financial Crises
Central Banks, Credit Bubbles, and the Efficient Market Fallacy

by George Cooper

“A must read. . . . The problem, says Mr. Cooper, is that central banks have subscribed to one economic philosophy in an expanding economy and quite another when the economy is contracting. . . . Cooper's book is by far the most cogent and reasoned of the modern-day 'credit excess' school.”
The Economist

“A well written book. . . . Cooper's most novel doctrine is that investors do not have to be irrational to generate bubbles. . . . Mr. Cooper traces present difficulties to the rapid growth of credit encouraged by the Fed's ultra-cheap money policy of a few years ago.”
Financial Times


Economic Literacy

Economic Literacy
What Everyone Needs to Know About Money & Markets

by Jacob De Rooy

With humor, clarity, and a deft touch for simplifying complex ideas, Jacob De Rooy explains the basic concepts of economics in language anyone can understand. Written in accessible question-and-answer format, and divided into 26 concise articles, the book can be used in two ways: read straight through as a short course in economics, or dipped into as a reference work. Throughout the text, anecdotal examples illustrate economic ideas in real-life terms.


21st Century Economy

Forthcoming
The 21st Century Economy
A Beginner's Guide

by Randy Charles Epping

A comprehensive guide to understanding today's global economy from the author of the bestselling A Beginner's Guide to the World Economy.

Complete with 101 easy-to-master tools for surviving and thriving in the new global marketplace and an extensive glossary, The 21st Century Economy—A Beginner's Guide is essential reading for anyone interested in understanding the complex economy of the world in which we live and the current crisis that is plaguing it.


A Beginner's Guide to the World Economy

A Beginner's Guide to the World Economy
Eighty-one Basic Economic Concepts That Will Change the Way You See the World

by Randy Charles Epping

A Beginner’s Guide to the World Economy is essential reading from everyone . . . interested in understanding the basics of the global economy that is affecting us all.”
—Herminia Ibarra, Professor, Harvad Business School


The Moral Consequences of Economic Growth

The Moral Consequences of Economic Growth
by Benjamin M. Friedman

“A major work. . . . An important antidote to the populist antigrowth movement and also to those who say that the free market is all we need. It joins a growing chorus calling for a change in the direction of U.S. economic policy— toward achieving growth that is stronger and more sustainable. Whether or not you agree with Friedman’s particular policy prescriptions, this much is clear: this kind of reasoned analysis is precisely what is necessary to put the United States back on the right track.”
—Joseph E. Stiglitz (2001 Nobel Laureate in Economics), Foreign Affairs


The Logic of Life

The Logic of Life
The Rational Economics of an Irrational World
by Tim Harford

“Like his 2006 book, The Undercover Economist—if you haven't got it, get it—this book uses the basic theory of rational choice to make transparent the logic behind common but important puzzling phenomena. Even a trained economist can enjoy discovering what he already knew but didn't realize he knew it. I did.”
—Thomas C. Schelling, 2005 Nobel Laureate in Economics


The Undercover Economist

The Undercover Economist
Exposing Why the Rich Are Rich, Why the Poor Are Poor—And Why You Can Never Buy a Decent Used Car!
by Tim Harford

“A rare specimen: a book on economics that will enthrall its readers. . . . It brings the power of economics to life.”
—Steven D. Levitt, co-author of Freakonomics


The Nature of Economies

The Nature of Economies
by Jane Jacobs

Starting from the premise that human beings "exist wholly within nature as part of natural order in every respect," Jane Jacobs has focused her singular eye on the natural world in order to discover the fundamental models for a vibrant economy. Written in the form of a Platonic dialogue among five fictional characters, The Nature of Economies is as astonishingly accessible and clear as it is irrepressibly brilliant and wise—a groundbreaking yet humane study destined to become another world-altering classic.


Biography of the Dollar

Biography of the Dollar
How the Mighty Buck Conquered the World and Why It's Under Siege

by Craig Karmin

Biography of the Dollar is an indispensable guide to understanding the way both the U.S. and the world economies work and the dollar's role in keeping the economic skids greased. Karmin's great skill is his ability to take what in lesser hands would seem like complex and opaque ideas and make them transparent, understandable and relevant. . .”
—Ram Charan, co-author of Execution: The Discipline of Getting Things Done


The Mind and the Market

The Mind and the Market
Capitalism in Western Thought

by Jerry Z. Muller

Capitalism has never been a subject for economists alone. Philosophers, politicians, poets and social scientists have debated the cultural, moral, and political effects of capitalism for centuries, and their claims have been many and diverse. The Mind and the Market is a remarkable history of how the idea of capitalism has developed in Western thought.

A wonderful new book . . . lively and accessible. . . . Muller's masterful sketches of intellectuals from across the political spectrum help put today's battles over globalization in proper historical persepctive.”
Foreign Affairs


The Great Inflation and Its Aftermath

New
The Great Inflation and Its Aftermath
The Past and Future of American Affluence

by Robert J. Samuelson

“If you want to understand the economic events of the last half century, you should read . . . Robert Samuelson's The Great Inflation and Its Aftermath.” —U.S News & World Report


The Good Life and Its Discontents

The Good Life and Its Discontents
The American Dream in the Age of Entitlement

by Robert J. Samuelson

A New York Times Business Book Bestseller

“Last semester I used The Good Life and Its Discontents in my undergraduate course in intermediate macroeconomic theory. . . . I chose it because it addresses fundamental and important economic issues in a very accessible and appealing way, and, most importantly, because the basic economic analysis is so careful and strong. . . . I was very pleased with the contribution The Good Life made to the course. The students also made a number of favorable comments about the book on their course evaluations. It was a stimulating complement to the rest of the material. . . . I'm using it again in this spring.”
—Michael B. McElroy, Alumni Distinguished Professor of Economics, North Carolina State University


Irrational Exuberance

Irrational Exuberance
by Robert J. Shiller

“A modern classic of ‘serious’ economics that demands to be read, and can be enjoyed, by the interested nonspecialist.” —The Economist


The Wealth of Nations

The Wealth of Nations
by Adam Smith
Introduction by Robert B. Reich

Adam Smith's masterpiece, first published in 1776, is the foundation of modern economic thought and remains the single most important account of the rise of, and the principles behind, modern capitalism.

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Social & Political Economics


Deer Hunting with Jesus

Deer Hunting with Jesus
Dispatches from America's Class War

by Joe Bageant

Deer Hunting with Jesus offers a raucous, truth-telling tour through the bars, churches, and double-wide trailers of the working class in the author's hometown, Winchester, Virginia—a microcosm of towns across America that elected George Bush.

“Joe Bageant is a brilliant writer. He evokes working class America like no one else. The account of his revisit to his Virginia roots is sobering, poignant, and instructive.”
—Howard Zinn, author of A People's History of the United States


Nobodies

Nobodies
Modern American Slave Labor and the Dark Side of the New Global Economy

by John Bowe

“Bowe’s deeply researched, well-written treatise on the very real problem of modern America slavery deserves the attention of anyone living, working and consuming in America.” —Publishers Weekly (starred review)


A Consumers' Republic

A Consumers' Republic
The Politics of Mass Consumption in Postwar America

by Lizabeth Cohen

A Consumers’ Republic is a magnificent, path-breaking achievement. Lizabeth Cohen lays bare the deeply transformative impact of mass prosperity on the texture of American social, political, and cultural life in the post-World War II era—its triumphs and costs, as well as its limitations. An unflaggingly provocative, indispensable book.”
—David Kennedy, author of Freedom From Fear: The American People in Depression and War, 1929-1945


Elsewhere, U.S.A.

Elsewhere, U.S.A.
How We Got from the Company Man, Family Dinners, and the Affluent Society to the Home Office, BlackBerry Moms, and Economic Anxiety

by Dalton Conley

“Put down your i-Phones and Blackberries, dear friends, long enough to read this important book about America’s new 'Elsewhere Society,' where round-the-clock connectivity and multi-tasking are reshaping the most basic patterns of work, family, and values. Your guide to this brave new world is Dalton Conley, one’s of America’s most brilliant and perceptive social commentators and scholars, and an excellent and entertaining writer as well. No other book compares in describing and explaining the 'texture' of modern lives in a hyper-networked and hyper-marketized world.”
—Jeffrey D. Sachs, author of The End of Poverty


Richistan

Richistan
A Journey Through the American Wealth Boom and the Lives of the New Rich

by Robert Frank

Richistan is a colloquial term the author Robert Frank, a Wall Street wealth reporter, uses to describe the booming numbers of wealthy. Starting in the late 1980s, there has been a doubling or tripling of the number of wealthy households in the US, currently at over 9 million with $1 million or more in net assets. Here is his entertaining and fresh analysis of today’s new rich.

“Frank explores the new world of wealth in America and hands it to us on a silver platter. . . . His sharply drawn portraits of life in Richistan give us new insight into how America really works.”
Chicago Sun-Times


One Market Under God

One Market Under God
Extreme Capitalism, Market Populism, and the End of Economic Democracy

by Thomas Frank

“A sweeping, savage and witty indictment of American business.”
The New York Times

“This book will infuriate businesspeople—which is precisely why they should read it.”
Harvard Business Review


The Big Squeeze

New
The Big Squeeze
Tough Times for the American Worker

by Steven Greenhouse

“Steve Greenhouse has written the essential economic book for 2008. Long before most analysts noticed the downturn, Greenhouse was reporting how troubled our economy looked from the bottom-up. A hugely talented reporter with a passion for justice, a shrewd student of the new economy and a brilliant guide to the contemporary labor movement, Greehouse writes with clarity, energy and grace.”
—E. J. Dionne Jr.


The Squandering of America

New
The Squandering of America
How the Failure of Our Politics Undermines Our Prosperity

by Robert Kuttner

“Robert Kuttner is a prophet whose time has come. This lucid, passionate, razor-sharp book carries a message as urgent as it is clarifying.”
—Hendrik Hertzberg

“A passionate broadside for restoring widespread prosperity to the middle class and reviving a dispirited democracy.”
BusinessWeek


Richistan

Wealth and Democracy
A Political History of the American Rich

by Kevin Phillips

“With a grand historical sweep that covers more than three centuries, Phillips's astute analysis of the effects of wealth and capital upon democracy is both eye-opening and disturbing.”
Publishers Weekly (starred review)


Supercapitalism

New
Supercapitalism
The Transformation of Business, Democracy, and Everyday Life

by Robert B. Reich

“Prof. Reich provides a thought-provoking analysis of how intense market competition is providing Americans with more choices as consumers and investors, but fewer choices as citizens. He reveals how the flood of corporate money is undermining our faith in democracy and argues that corporate social responsibility cannot be a substitute for true democracy. A must-read for anyone interested in the health of American democracy." —Laura Tyson, former chairman, National Economic Council


Supercapitalism

The Future of Success
Working and Living in the New Economy

by Robert B. Reich

Reich demonstrates that the faster the economy changes—with new innovations and opportunities engendering faster switches by customers and investors in response—the harder it is for people to be confident of what they will be earning next year or even next month, what they will be doing, where they will be doing it. In short, those fabulous new deals of the fabulous new economy carry a steep price: more frenzied lives, less security, more economic and social stratification, the loss of time and energy for family, friendship, community, and self.

“A valuable work. . . . Reich has a talent for mastering economic and social complexities and making them easy for the layperson to grasp.”
The Wall Street Journal


The Working Poor

The Working Poor
Invisible in America

by David K. Shipler

“This is one of those seminal books that every American should read and read now.”
—Ron Suskind, New York Times Book Review

The Working Poor is a powerful exposé that builds from page to page, from one grim revelation to another, until you have no choice but to leap out of your armchair and strike a blow for economic justice.”
—Barbara Ehrenreich, author of Nickel and Dimed


The Disposable American

The Disposable American
Layoffs and Their Consequences

by Louis Uchitelle

“Uchitelle effectively wrecks the claim that all this downsizing makes the country more productive, more competitive, more flexible. . . . A strong case that the whole middle class is at risk.”
The New York Times


The Way We'll Be

The Way We'll Be
The Zogby Report on the Transformation of the American Dream

by John Zogby

According to super pollster John Zogby, the conventional wisdom about the United States—that we’re isolated from the world, politically fragmented, and inclined toward material pleasure—isn’t just flawed; it may be 180 degrees from the truth.

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Global Economics


Dangerous Business

Dangerous Business
The Risks of Globalization for America

by Pat Choate

“[An] articulate assessment of America’s position in the global economy.
. . . Choate exposes the dark side of globalization with well-argued points on the dangers Americans face in lowered safety standards for imported food and pharmaceuticals, underemployment, the loss of national sovereignty, and elites with divided loyalties.”
Library Journal


Hot Property

Hot Property
The Stealing of Ideas in an Age of Globalization

by Pat Choate

Pat Choate, the author of the best-selling Agents of Influence, examines the roots of conflicts over intellectual property and how the establishment of patent and copyright protections helped propel the American economy.


The Lexus and the Olive Tree

The Lexus and the Olive Tree
Understanding Globalization

by Thomas L. Friedman

“A spirited and imaginative exploration of our new order of economic globalization. . . . Not only clear but interesting, not only interesting but necessary to us—first-rate.”
The New York Times

“[D]eftly accomplishes the impressive task of encapsulating the complex economic, cultural, and environmental challenges of globalization with the sort of hindsight that future historians will bring to bear upon the subject.”
The Christian Science Monitor


Illicit

Illicit
How Smugglers, Traffickers, and Copycats are Hijacking the Global Economy

by Moisés Naím

“Moisés Naím has identified a key issue, the fact that political order is rapidly decaying in many parts of the world, and that this decay is brought on at least in part by the same factors that promote globalization: fast communications, inexpensive travel, and porous borders. Illicit is provocative reading that makes you see the world differently once you're done with it.”
—Francis Fukuyama, Professor, Johns Hopkins University, and author of The End of History and the Last Man


The World Is Your Oyster

The World Is Your Oyster
The Guide to Finding Great Investments Around the Globe

by Jeff D. Opdyke

The World Is Your Oyster pinpoints five of the best reasons to go global, detailing various ways for investors of every temperament—from timid to adventurous—to cross financial borders, focusing on how to invest directly in hot spots from China to Turkey to Eastern Europe, and revealing how the Internet and other twenty-first-century technology has opened a world of direct overseas investment opportunities.


Managing the Dragon

Managing the Dragon
How I'm Building a Billion-Dollar Business in China

by Jack Perkowski

Managing the Dragon is more than a great story about Jack Perkowski and his courage to move to the new frontier; it is a graduate degree in the trials, tribulations, and successes of starting from scratch in China. Jack captures the essence of doing business in China and turns it into a very compelling ‘how-to’ guide.”
—Timothy Manganello, CEO of BorgWarner, Inc.


Managing the Dragon

The Work of Nations
Preparing Ourselves for 21st Century Capitalis

by Robert B. Reich

“An elegant and penetrating analysis of the forces that are leading to the globalization of the international system and to the growing anachronism of thinking solely in 'national' terms. More importantly, [Reich] compels us to think about the disturbing potential consequences of these trends, as well as ways to be better prepared to meet them.”
—Paul Kennedy, author of The Rise and Fall of the Great Powers


A Bull in China

A Bull in China
Investing Profitably in the World's Greatest Market

by Jim Rogers

In this indispensable new book, one of the world’s most successful investors, Jim Rogers, brings his unerring investment acumen to bear on the economic boom in China.

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Autobiography and Biography


Mellon

Mellon
An American Life
by David Cannadine

A Washington Post Best Book of the Year
An Economist Best Book of the Year
A New York Times Book Review Editor’s Choice

“Indisputably the best written, most reliable and insightful biography of one of America’s greatest capitalists and empire-builders.”
The Plain Dealer


Titan

Titan
The Life of John D. Rockefeller, Sr.
by Ron Chernow

“One of the great American biographies. . . . [Chernow] writes with rich impartiality. He turns the machinations of Standard Oil . . . into fascinating social history.”
Time


The First Billion Is the Hardest

The First Billion Is the Hardest
Reflections on a Life of Comebacks and America's Energy Future
by T. Boone Pickens

A gripping narrative of how the foremost corporate raider of the 1980s stumbled into clinical depression and faced financial ruin, only to mount a comeback in his seventh decade that netted him yearly earnings of $1 billion plus and reconfirmed his clairvoyance about the future of energy.


The Snowball

The Snowball
Warren Buffett and the Business of Life
by Alice Schroeder

“This quintessentially American tale about the ultimate self-made man—and in some ways the least changed . . . [Is] the definitive portrait of a complex man . . . Should become a Bible for capitalists.”
Washington Post


The People's Tycoon

The People's Tycoon
Henry Ford and the American Century

by Steven Watts


“The implicit claim of Watts’s admirable book is almost inarguable—that it’s impossible to understand 20th-century America without knowing the story of Henry Ford.”
The New York Times


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