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In 1999, in The Return of Depression Economics, Paul Krugman surveyed the economic crises that had swept across Asia and Latin America, and pointed out that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries caught up in earlier crises and a replay of the 1930s seems all too possible.

In this new, greatly updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession. Brilliantly crafted in Krugman's trademark style--lucid, lively, and supremely informed--this new edition of The Return of Depression Economics will become an instant cornerstone of the debate over how to respond to the crisis.

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In The Forgotten Man, Amity Shlaes, one of the nation's most-respected economic commentators, offers a striking reinterpretation of the Great Depression She traces the mounting agony of the New Dealers and the moving stories of individual citizens who through their brave perseverance helped establish the steadfast character we recognize as American today.

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Price: $8.42 [Notify me when price goes down.]

Here are the facts:

The United States has released 425 terrorists from Guantánamo, at least 50 of whom have returned to the battlefield to fight our troops.

Barack Obama and Hillary Clinton both say they're fiscally responsible. But each has called for $1 trillion in tax increases over the next ten years—and dressed them up as tax cuts!

Mainstream Media has been given marching orders from the Society of Professional Journalists: never refer to "Islamic terrorists" or "Muslim terrorists." And they are obeying! Whenever our brave agents disrupt a terror plot, The media dismisses the culprits as a gang of idiots—lulling us into a false sense of security.

If the liberals win the 2008 election, they will cripple talk radio—forcing stations to give equal time to left-wing programs, and insisting that liberals play a key role in station management.

Up to a quarter of all state pension funds in the United States are invested in companies that are helping Iran, Syria, North Korea, or the Sudan—for a total of nearly $200 billion.

The Do-Nothing Congress is still doing nothing—and the worst offenders are the presidential candidates Clinton, Obama, and McCain, who never show up for their day jobs as senators . . . except to pick up their $165,000 paycheck!

Is it any wonder that Americans feel fleeced at every turn?

As more and more critical problems develop that need national attention, the White House and Congress appear to be AWOL.

Who's calling the shots instead?

Big business, big government, big labor, and big lobbyists. And their self-serving agendas are doing nothing to help the ever-increasing number of American people who are losing their homes, paying credit card interest rates higher than 25 percent, and finding their jobs increasingly outsourced to foreign countries.

In this hard-hitting call to arms, Dick Morris and Eileen McGann reveal the hundreds of ways American tax-payers are routinely fleeced—by our own government; by foreign countries like Dubai that are gobbling up American interests and spending millions to influence government decisions and American public opinion; by Washington lobbying firms that are pushing the agendas of corrupt foreign dictators on Capitol Hill; and by hedge-fund billionaires collecting huge tax breaks courtesy of the IRS.

With their characteristic blend of sharp analysis and insider insight, Morris and McGann call offenders of all kinds on the carpet—and offer practical agendas we all can follow to help turn the tide.

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Price: $14.79 [Notify me when price goes down.]

When Governor Mike Huckabee entered the Republican presidential race, he was the ultimate dark horse, with almost no money, no consultants, and no name recognition beyond Arkansas The so-called experts were highly amused by this former small state governor from blue-collar roots who also played bass in a rock band. He wouldn’t have a prayer against the well-connected and financially wired pros like Rudy Giuliani, Mitt Romney, and Fred Thompson.

But Huckabee had one big advantage: a common sense message that connected with millions of people, and not just his fellow evangelical Christians. He spoke about family values, fair taxes, and helping hard-working, middle-class Americans in a tough economy. And to the dismay of some Republicans, he talked about fighting Wall Street greed and K Street corruption.

Huckabee shocked the country by winning the all-important Iowa caucuses and seven other states, while spending far less than the other major candidates. He created an army of passionate volunteers and small donors, transforming his campaign into a true movement that will endure long after Election Day.

Do The Right Thing is Huckabee’s amazing story, in his own words—from making commercials with Chuck Norris to meeting a Michigan woman who insisted on donating her wedding ring. But this is more than just a campaign memoir. It’s a vision for a smarter, fairer type of politics—“vertical politics”—that focuses on common sense solutions for education, health care, the economy, and many other issues. It’s not about right versus left; it’s about taking America up rather than down.
Huckabee also shows how the Republican Party can heal its divisions—between social and fiscal conservatives, the wealthy and the middle class, the religious and the secular—and become a true majority party again..
Price: $12.90 [Notify me when price goes down.]

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The first and last economic depression that you will experience in your lifetime is just ahead. The year 2009 will be the beginning of the next long-term winter season and the initial end of prosperity in almost every market, ushering in a downturn like most of us have not experienced before. Are you aware that we have seen long-term peaks in our stock market and economy very close to every 40 years due to generational spending trends: as in 1929, 1968, and next around 2009? Are you aware that oil and commodity prices have peaked nearly every 30 years, as in 1920, 1951, 1980 -- and next likely around late 2009 to mid-2010? The three massive bubbles that have been booming for the last few decades -- stocks, real estate, and commodities -- have all reached their peak and are deflating simultaneously.

Bestselling author and renowned economic forecaster Harry S. Dent, Jr., has observed these trends for decades. As he first demonstrated in his bestselling The Great Boom Ahead, he has developed analytical techniques that allow him to predict the impact they will have. The Great Depression Ahead explains "The Perfect Storm" as peak oil prices collide with peaking generational spending trends by 2010, leading to a more severe downtrend for the global economy and individual investors alike.

He predicts the following:

• The economy appears to recover from the subprime crisis and minor recession by mid-2009 -- "the calm before the real storm."

• Stock prices start to crash again between mid- and late 2009 into late 2010, and likely finally bottom around mid-2012 -- between Dow 3,800 and 7,200.

• The economy enters a deeper depression between mid-2010 and early 2011, likely extending off and on into late 2012 or mid-2013.

• Asian markets may bottom by late 2010, along with health care, and be the first great buy opportunities in stocks.

• Gold and precious metals will appear to be a hedge at first, but will ultimately collapse as well after mid- to late 2010.

• A first major stock rally, likely between mid-2012 and mid-2017, will be followed by a final setdback around late 2019/early 2020.

• The next broad-based global bull market will be from 2020-2023 into 2035-2036.

Conventional investment wisdom will no longer apply, and investors on every level -- from billion-dollar firms to the individual trader -- must drastically reevaluate their policies in order to survive. But despite the dire news and dark predictions, there are real opportunities to come from the greatest fire sale on financial assets since the early 1930s. Dent outlines the critical issues that will face our government and other major institutions, offering long- and short-term tactics for weathering the storm. He offers recommendations that will allow families, businesses, investors, and individuals to manage their assets correctly and come out on top. With the right knowledge and preparation, you can take advantage of new wealth opportunities rather than get caught in a downward spiral. Your life is about to change for reasons outside of your control. You can't change the direction of the winds, but you can reset your sails!.
Price: $16.91 [Notify me when price goes down.]

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Price: $11.00 [Notify me when price goes down.]

Book Description
What would it take?

That was the question that Geoffrey Canada found himself asking. What would it take to change the lives of poor children--not one by one, through heroic interventions and occasional miracles, but in big numbers, and in a way that could be replicated nationwide? The question led him to create the Harlem Children's Zone, a ninety-seven-block laboratory in central Harlem where he is testing new and sometimes controversial ideas about poverty in America. His conclusion: if you want poor kids to be able to compete with their middle-class peers, you need to change everything in their lives--their schools, their neighborhoods, even the child-rearing practices of their parents.

Whatever It Takes is a tour de force of reporting, an inspired portrait not only of Geoffrey Canada but also of the parents and children in Harlem who are struggling to better their lives, often against great odds. Carefully researched and deeply affecting, this is a dispatch from inside the most daring and potentially transformative social experiment of our time.

About the Author
Paul Tough is an editor at the New York Times Magazine and one of America's foremost writers on poverty, education, and the achievement gap. His reporting on Geoffrey Canada and the Harlem Children's Zone originally appeared as a Times Magazine cover story. He lives with his wife in New York City.

Questions for Paul Tough

Amazon.com: What makes Geoffrey Canada's approach to educating poor city kids different than the many reforms that have come before?

Tough: Geoff is taking a much more comprehensive approach than earlier reformers. His premise is that kids in neighborhoods like Harlem face so many disadvantages--poorly run schools, poorly educated parents, dangerous streets--that it doesn't make sense to tackle just one or two of those problems and ignore the rest. And so he has created, in the Harlem Children’s Zone, an integrated set of programs that support the neighborhood's children from cradle to college, in school and out of school.

Amazon.com: This is a short book about a long story. How did you find a way to tell the story of such a complicated, long-term transformation?

Tough: When I set out to write this book, my main goal was to tell an engaging story, to find characters and moments and conflicts that would reflect the changes that were going on in Harlem. I wanted to present Geoff Canada more as a protagonist in a drama than as a static subject of a biography. And in that respect, I got lucky in my choice of subject, because during the years I spent reporting on his work, Geoff was in the middle of some major transformations, both personal and organizational. I was also lucky to find a variety of other characters in Harlem, from teachers and administrators to students and parents, who really opened up to me, speaking candidly and eloquently about their own hopes and fears for their children and their futures. With their help, I think I was able to make the book not just an account of some important new ideas in poverty and education, but a human story as well.

Amazon.com: You've spent much of the past five years reporting in Harlem. Beyond the school successes, do you see differences between the parts of the city within the Children's Zone and nearby neighborhoods where the program hasn't expanded yet?

Tough: Harlem as a whole has improved a great deal over the last decade--a process that Geoffrey Canada can take some credit for, though there were plenty of other people and forces that played a role. On a block-by-block level, though, it's not always possible to see the difference between a street that is in the zone and one that's outside of it. The most important changes in the zone are going on out of view, inside schools and apartments and housing projects, where children are, for the first time, learning the skills they need to succeed.

Amazon.com: Barack Obama has said that he would replicate the Harlem Children's Zone in 20 other cities. Have any other organizations begun to follow Canada's model in other places, or are they waiting to see how it goes (or waiting for Obama to be elected)?

Tough: There is a tremendous amount of interest right now in Geoffrey Canada's work among people working in education and philanthropy and social-service non-profits. And there are fledgling zone projects in a handful of cities, all drawing upon the Harlem Children’s Zone to some degree. But there's nothing yet happening on the scale that Obama has proposed. I do think people are waiting to see what Obama does. Will he take the steps necessary to put his replication plan into effect?

Amazon.com: How much of its effectiveness depends on Canada himself? Can you model him, as well as his program?

Tough: He's a unique guy. His personal story--born in poverty in the South Bronx, growing up around drugs and violence, then making it out of the ghetto and winding up at Harvard--was what gave him the passion and the commitment to create the Harlem Children's Zone in the face of numerous obstacles and widespread skepticism. So it's probably true that no one else could have built the first zone. But I think this next stage, the process of expanding the zone model around the country, will require leaders of a different type--people who are passionate about the mission of improving the lives of poor children, of course, but more importantly people who are very focused on results and how to achieve them. Those people may be rare, but they're out there.

Amazon.com: Finally, how are Victor and Cheryl [a young couple who went through the Zone's Baby College in the book] doing?

Tough: They're doing pretty well! They're still struggling with all the issues that most young adults in Harlem struggle with, like finding affordable housing and a decent job. But they're committed to their son, Victor Jr., and to the new parenting techniques they learned in Baby College. They're determined to do whatever it takes to give Victor Jr. a shot at a very different kind of future than they were able to imagine for themselves, growing up.

Questions for Geoffrey Canada

Amazon.com: How do you change the culture of a neighborhood while keeping its local values?

Canada: We are not changing Harlem's culture--we are working to provide an alternative to the toxic popular culture and street culture that glorify violence and anti-social behavior. When you are a scared kid, all this tough-guy stuff is very seductive. We are working with people from the community to provide safe, enriching, and engaging environments for children so they can develop just like their middle-class peers. By encompassing an entire neighborhood, we hope to reach a tipping point where the dominant culture is one that explicitly and implicitly moves children toward success.

Amazon.com: You say in the book, "It is my fundamental belief that the folk who care about public education the most, who really want to see it work, are destroying it." Can you explain what you mean by that? Have you been able to change any of those minds through your work?

Canada: First, let me say that I believe school staff--particularly teachers--perform one of the most important jobs in our country, and many of them are the most dedicated, hard-working professionals I know. I believe it is absolutely scandalous that they are not paid more and given more respect as professionals. That said, I believe our country's education bureaucracy has become calcified and resistant to change--and we are in dire need of change. When education self-interest groups defend practices that get in the way of improving schools for the sake of children, then I am absolutely opposed to them.

I believe that the successes we are having in Harlem are beginning to turn some heads in this country, and making people realize that things are not hopeless--that we adults can improve student achievement at a much-larger scale than we have been doing. It's obvious that the system that got us here is not the one that is going to get us out. So everyone is going to have to re-evaluate their roles, their assumptions and their positions. I think that has begun, but we are not there yet as a country.

Amazon.com: The story in the book ends in the summer of 2007. What has happened in your work, especially at Promise Academy, in the past year?

Canada: This past academic year was very encouraging and it really seemed like the school began to coalesce. The most obvious sign of that were the scores on the citywide math exam at our middle school, which had been the school with the most challenges. This past spring, 97 percent of the eighth graders were at or above grade level. For an area like Harlem, that is incredible, particularly since these were kids that were randomly picked by lottery from the neighborhood, were massively behind, and were with us for just three years. So we are very optimistic about the future of our kids.

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Price: $15.17 [Notify me when price goes down.]

The bestselling author reveals how the U.S. financial sector has hijacked our economy and put America’s global future at risk

In American Theocracy, Kevin Phillips warned us of the perilous interaction of debt, financial recklessness, and the increasing cost of scarce oil. The current housing and mortgage debacle is proof once more of Phillips’s prescience, and only the first harbinger of a national crisis. In Bad Money, Phillips describes the consequences of our misguided economic policies, our mounting debt, our collapsing housing market, our threatened oil, and the end of American domination of world markets. America’s current challenges (and failures) run striking parallels to the decline of previous leading world economic powers—especially the Dutch and British. Global overreach, worn-out politics, excessive debt, and exhausted energy regimes are all chilling signals that the United States is crumbling as the world superpower.

“Bad money” refers to a new phenomenon in wayward megafinance—the emergence of a U.S. economy that is globally dependent and dominated by hubris-driven financial services. Also “bad” are the risk miscalculations and strategic abuses of new multitrillion-dollar products such as asset-backed securities and the lure of buccaneering vehicles like hedge funds. Finally, the U.S. dollar has been turned into bad money as it has weakened and become vulnerable to the world’s other currencies. In all these ways, “bad” finance has failed the American people and pointed U.S. capitalism toward a global crisis. Bad Money is the perfect follow- up to Phillips’s last book, whose dire warnings are now proving frighteningly accurate..
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