The sixth edition of Financial Management provides students with an overview of financial management suited to the first course in finance. The focus of the text is on the big picture, providing an introduction to financial decision making grounded in current financial theory and the current state of world economic conditions. Attention is paid to both valuation and capital markets, as well as their influence on corporate financial decisions. The 10 basic principles of finance are introduced in the first chapter and woven throughout the text, to give students a solid foundation from which to build their knowledge of finance. The goal of this text is to go beyond teaching the tools of a discipline or a trade and help students gain a complete understanding of the subject. This will give them the ability to apply what they have learnt to new and as yet unforeseen problems—in short, to educate students in finance.
During the archaeological excavations of Lachish in 1938, James Starkey discovers a copper scroll in a clay cylinder buried under a pyramid of skulls dating back to the Assyrian conquest in the 7th Century. The contents of the scroll are so sensitive that he hides the find in a cave at Maresha where his body is found the following morning. Just over 70 years later Professor Joshua Black, professor of surgery at London University, is discovered hanging from a tree on Hampstead Heath; an apparent suicide. But Olive Hathaway, an elderly genteel lady has reason to suspect that his death was not a suicide at all. Dr. Sanjay Manchandra also has reason to believe that Professor Black had not taken his own life. The English widow and the young expatriate Indian surgeon, link up as an unlikely pair of detectives. The amateur sleuths follow the trail from London to the Holy Land, and on to the secret scroll hidden all those years before. This in turn leads them to a treasure trove in a vault deep underground at the site of the Temple of the ancient northern kingdom of Samaria near the Syrian border and the Golan Heights. The climax of the story is the battle for the possession of Aaron’s rod between the allies and the so-called Islamic State
Stock Markets, Investments and Corporate Behavior examines the nature of stock market growth and decline, the function of financial markets, and their implications for commercial companies. Traditionally, finance academics have attempted to understand financial markets and commercial companies as physicists approach their subject matter: with a set of laws in mind that govern the field. But finance is not physics. The academic's approach falsely assumes that financial markets can be understood as systems within which self-interested maximizers behave in logical ways that are coordinated by the invisible hand of the price mechanism. This book demonstrates that finance is more appropriately understood as a field in which investors and finance managers may or may not use rational calculations as the basis of their decision making.This book opens with an effective dismantling of the traditional mathematical approach used to understand and describe markets and corporate financial behavior. In its place, the mathematics of growth and decline is developed anew, while holding to the realization that the decisions of organizations rely on the choices of real people with limited information available to them. The book will appeal to all students who wish to reappraise their knowledge of finance in a thoughtful manner. Specifically, this book is designed to appeal to anyone who wishes to refine their understanding of the nature of stock markets and financial growth, optimal portfolio allocation, option pricing, asset valuation, corporate financial behavior, and what it means to be ethical in our financial institutions.
A New York Times Book Review Editors' Choice One of Kirkus Reviews' ten best US history books of 2022 A leading historian tells the story of the United States’ most enduring political party and its long, imperfect and newly invigorated quest for “moral capitalism,” from Andrew Jackson to Joseph Biden. One of Kirkus Reviews' 40 most anticipated books of 2022 One of Vulture's "49 books we can't wait to read in 2022" The Democratic Party is the world’s oldest mass political organization. Since its inception in the early nineteenth century, it has played a central role in defining American society, whether it was exercising power or contesting it. But what has the party stood for through the centuries, and how has it managed to succeed in elections and govern? In What It Took to Win, the eminent historian Michael Kazin identifies and assesses the party’s long-running commitment to creating “moral capitalism”—a system that mixed entrepreneurial freedom with the welfare of workers and consumers. And yet the same party that championed the rights of the white working man also vigorously protected or advanced the causes of slavery, segregation, and Indian removal. As the party evolved towards a more inclusive egalitarian vision, it won durable victories for Americans of all backgrounds. But it also struggled to hold together a majority coalition and advance a persuasive agenda for the use of government. Kazin traces the party’s fortunes through vivid character sketches of its key thinkers and doers, from Martin Van Buren and William Jennings Bryan to the financier August Belmont and reformers such as Eleanor Roosevelt, Sidney Hillman, and Jesse Jackson. He also explores the records of presidents from Andrew Jackson and Woodrow Wilson to Bill Clinton and Barack Obama. Throughout, Kazin reveals the rich interplay of personality, belief, strategy, and policy that define the life of the party—and outlines the core components of a political endeavor that may allow President Biden and his co-partisans to renew the American experiment.
This book explores the complex, multifaceted and contested subject of risk in the film business. How risk is understood and managed has a substantial impact upon which films are financed, produced and seen. Founded on substantial original research accessing the highest level of industry practitioners, this book examines the intertwined activity of independents, large media companies including major studios, the international marketplace, and related audio-visual sectors such as high-end television. The book shows how risk is generally framed, or even intuited, rather than calculated, and that this process occurs across a sliding scale of formality. This work goes beyond broad creative industries characterisations of a "risky sector" and concentrations on Box Office return modelling, to provide a missing middle. This means a coherent analytic coverage of business organisation and project construction to address the complex practicalities that mobilise strategic operations in relation to risk, often in unseen business-to-business contexts. Informed by economic sociology’s concepts addressing market assemblage and valuation, alongside applications of science and technology studies to media and communications, the book respects both the powerful roles of social and institutional actors, and affordances of new technologies in dealing with the persistent known unknown – the audience. Examining a persistent business issue in a new way, this book analyses top level industry practice through established mechanisms, and innovations like data analytics. The result is a book that will be essential reading for scholars with an interest in the film business as well as risk management more broadly.
Here is young Sam Clemens—in the world, getting famous, making love—in 155 magnificently edited letters that trace his remarkable self-transformation from a footloose, irreverent West Coast journalist to a popular lecturer and author of The Jumping Frog, soon to be a national and international celebrity. And on the move he was—from San Francisco to New York, to St. Louis, and then to Paris, Naples, Rome, Athens, Constantinople, Yalta, and the Holy Land; back to New York and on to Washington; back to San Francisco and Virginia City; and on to lecturing in Ohio, Michigan, Pennsylvania, and New York. Resplendent with wit, love of life, ambition, and literary craft, this new volume in the wonderful Bancroft Library edition of Mark Twain's Letters will delight and inform both scholars and general readers. This volume has been supported by the National Endowment for the Humanities, the Mark Twain Foundation, Jane Newhall, and The Friends of The Bancroft Library.
Americans deserve honest government. This text addresses the need for a comprehensive statement of ethical behavior for public officials and employees at every level of government. Recognizing the need for legal reforms that focus mainly on campaign contributions, the authors examine the broader question of how we should measure the routine, day-to-day ethics of men and women in public service. By focussing more on attitudes and practices, the authors suggest that the highest standard of both ethics and competence should be demanded of all our public servants. The book identifies situations in which officials ought to act cautiously and presents the ethical rules that should be applied to each situation. The text presents a philosophy of public service and then moves to particular situations to which this philosophy must be applied: campaign finance; the campaign itself; behavior of elected officials, appointed officials, and public employees; the role of lobbyists; compensation for public servants; moving to and from the public and private sectors; ethical guidelines for lawyers and judges; the private lives of public servants; and enforcement of ethics. The final chapter discusses the sometimes competing forces of ethics and competency. Ethical guidelines are gathered in the appendix and serve as a useful starting point for ethics in any public service setting. The combination of persuasive and thought-provoking proposals for governmental ethics reform along with practical guidelines on how to maintain the highest possible standards of ethical conduct makes this an important text for students in ethics and government courses, as well as an imperative reading for public officials, whether elected, appointed, or career.
This comprehensive guide to Congress is ideal for anyone who wants to know how Congress really works, including federal executives, attorneys, lobbyists, media and public affairs staff, government affairs, policy and budget analysts, congressional office staff and students. - Clear explanation of the legislative process, budget process, and House and Senate business - Flowcharts for legislative and budget processes - Explanation of the electoral college and votes by states - Glossary of legislative terms - Relationship between budget resolutions and appropriation and authorization bills - Amendment tree and amendment procedures - How members are assigned to committees - Agenda for early organization meetings (after election, before adjournment) - Sample legislative documents with explanatory annotations - Bibliographic references throughout.
What was special about 1845 and why does it deserve particular scrutiny? In his much-anticipated new book, one of the leading authorities on the Victorian age argues that this was the critical year in a decade which witnessed revolution on continental Europe, the threat of mass insurrection at home and radical developments in railway transport, communications, religion, literature and the arts. The effects of the new poor law now became visible in the workhouses; a potato blight started in Ireland, heralding the Great Famine; and the Church of England was rocked to its foundations by John Henry Newman's conversion to Roman Catholicism. What Victorian England became was moulded, says Michael Wheeler, in the crucible of 1845. Exploring pivotal correspondence, together with pamphlets, articles and cartoons, the author tells the riveting story of a seismic epoch through the lives, loves and letters of leading contemporaneous figures.
‘Blackmail by Michael Stokes is an unputdownable romp... the outstanding trial of the femme fatale is enough of a cliffhanger to leave the reader gagging for the next novel.” – Felicity Gerry QC, The Times In this sequel to the successful Blackmail, Julia Hamilton, the scheming girlfriend of recently convicted robber, Michael Doyle is to stand trial for her role in the kidnapping of Judge Campion’s wife and the unsuccessful attempt to blackmail the judge into dismissing the case against Doyle. The prosecution depends on the evidence of the accomplice and police informer, Derick Duffy. Until, that is, the gang’s leader and ex-IRA commandant, Joseph Hanlon, himself serving a lengthy sentence in a maximum security prison, surprisingly agrees to give evidence against Julia. But what’s in it for Joseph? If he is telling the truth, Julia will likely be convicted. And what of Doyle? Does he have a part to play, or has Julia abandoned him for someone else, someone more useful? Skilled barristers on each side press witnesses in their attempts to find the truth, but not all is as it seems in this tantalizing sequel to Blackmail. Readers are taken inside the jury room where Julia’s fate will be decided and all is revealed as the storyline twists to an astonishing and shattering conclusion.
Corporate Accounting in Australia, Fourth Edition, is a textbook designed for one- or two-semester company accounting courses at both under- and postgraduate level.
The son of a Lithuanian blacksmith, Sidney R. Yates rose to the pinnacle of Washington power and influence. As chair of a House Appropriations Subcommittee, Yates was a preeminent national figure involved in issues that ranged from the environment and Native American rights to Israel and support for the arts. Speaker Tip O'Neill relied on the savvy Chicagoan in the trenches and advised anyone with controversial legislation to first "clear it with Sid!" Michael C. Dorf and George Van Dusen draw on scores of interviews and unprecedented access to private papers to illuminate the life of an Illinois political icon. Wise, energetic, charismatic, petty, stubborn--Sid Yates presented a complicated character to constituents and colleagues alike. Yet his get-it-done approach to legislation allowed him to bridge partisan divides in the often-polarized House of Representatives. Following Yates from the campaign trail to the negotiating table to the House floor, Dorf and Van Dusen offer a rich portrait of a dealmaker extraordinaire and tireless patriot on a fifty-year journey through postwar American politics.
This book is intended as counter-evidence to the perception of Linguistics as the domain of dusty schoolroom grammar, where proponents of one theoretical orientation or the other spend their brief breaks in the playground bashing the others over the head with their favorite abstractions. The discipline may appear to outsiders as fragmented and, worse still, lacking in relevance to the real world outside its gates. The purpose is to show that Linguistics, in all its varied branches, can be entertaining as well as thought-provoking, and that its domain is indeed a coherent one despite all the internecine squabbling. The subject is introduced in an unconventional way as a kind of fable with an historical moral that professional linguists, as well as students, should enjoy as a commentary on the state of the discipline today.
Drawing upon his personal experience as a practitioner-researcher, visual artist, and cancer survivor, Michael A. Franklin offers a rich and thought-provoking guide to art as contemplative practice. His firsthand experience and original artwork complement this extensive discussion by consulting various practice traditions including yoga, rasa and darshan experiences, imaginal intelligence, and the contemplative instincts of select early twentieth-century artists. From this synthesis, Franklin suggests that we treat art as a form of yoga and meditation with the potential to awaken deeper insight into the fundamental nature of the Self. Exercises and rubrics are included that offer accessible instruction for any artist, meditation or yoga practitioner, art educator, or art therapist.
Fundamentals of Corporate Finance helps students develop the intuition and analytical skills necessary to effectively apply financial tools in real-world decision-making situations. The text provides a fully integrated framework for understanding how value creation relates to all aspects of corporate finance: whether it be evaluating an investment opportunity, determining the appropriate financing for a business, or managing working capital. This unique and integrated framework also enables students to develop problem solving and decision-making skills. The authors believe that students who understand the intuition underlying the basic concepts of finance are better able to develop the critical judgments necessary to apply financial tools in real-world, decision-making situations. Their text develops intuitive thinking while simultaneously helping students develop problem solving and computational skills. It then shows students how to apply intuition and analytical skills to decision making, while integrating it all with valuation and building shareholder value.
Focusing on the mid-eighteenth century, this book provides the first clear view of the press of London, where the dominant patterns of organization and content of the English press were worked out.
In 1983, Reese's Pieces made their debut on the silver screen, gobbled up by that lovable alien ET, and sales of the candy shot up instantly by 66 percent. Reebok has sponsored the U.S. Olympic team-and the Russian team, as well! The British Boy Scouts sell space on their merit badges to advertisers. Michael Jacobson, founder of the Washington, D.C
Woven through this text is the unifying theme that American politics represents “conflict and compromise,” in direct opposition to the increasingly commonly held view that all politics is dirty and all politicians are crooks. By presenting a balance of essential factual content with a broad assessment of system dynamics and their policy effects, the authors provide an accessible yet sophisticated overview of American politics. Features: Coherent theme of “conflict versus compromise” in the American political system Consistent examination of American history for institutional development Emphasis on the positive role of citizenship in shaping good government Each chapter is accompanied by primary source readings Concise 12 chapter format
IFRS SYSTEM evolved out of Financial Reporting Specialists' (FRS, www.frsgroup.com.au) need for a superior automated financial reporting tool. In 2004 when FRS were looking for a tool that could assist them to prepare client's financial reports, they were unable to find one that did everything to the high standard required. They solved the problem by internally developing IFRS SYSTEM. Since 2004 IFRS SYSTEM has undergone extensive development and testing and it has been used successfully to prepare interim and annual financial reports for hundreds of clients. IFRS SYSTEM has now evolved into a 'commercially ready' application and in addition to its core financial reporting application, IFRS SYSTEM also offers other software, tools and books. IFRS SYSTEM products were marketed for the first time in 2010 and these products have quickly established themselves in leading accounting and auditing firms as well as large and small companies."--Publisher's website.
The U.S. Congress can be traced to the founding and the debates in Philadelphia in the summer of 1787, but to suggest that the Congress in the first decade of the 21st century is the same Congress that was created over 220 years ago would be wildly misleading. The entries in this volume will elaborate on the original compromises and the ensuing evolution of legislative practice and review how Congress has developed through several distinctive eras. This second edition of Historical Dictionary the U.S. Congress contains a chronology, an introduction, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on the key concepts, terms, labels, and individuals central to identifying and comprehending the key role Congress plays in the history of the U.S. This book is an excellent resource for students, researchers, and anyone wanting to know more about the U.S. Congress.
Recounting the life and times of a man who is widely thought of as one of the most respected presidents the United States ever had. Describes his personal life including his early childhood, his marriage to Eleanor Roosevelt, and his struggle with polio, along with his political accomplishments including the New Deal and his involvement with World War II.
This collection of more than twenty-five essays, both meditative and formally inventive, considers all kinds of subjects: everyday objects such as keys and hats, plus concepts of time and place; the memoir; writing; the essay itself; and Michael Martone’s friendship with the writers David Foster Wallace, Jonathan Franzen, and Kurt Vonnegut. Throughout the essays, Martone’s style expands with the incorporation of new technological platforms. Several of the pieces were written specifically for online venues, while the essays on the death of Martone’s mother and father were written on Facebook while the events happened. One essay about using new technologies in the classroom was written solely in tweets. Brooding—the book’s title and the title of an essay—draws a parallel between the disappearance of early browsers and the emergence, after seventeen years, of a brood of cicadas. Throughout these essays Martone’s words inhabit spaces where the reconnection to people in the past and the metaphors of electronic memory converge.
House Committee on Ethics: Motivating Factors for Members of Congress examines the internal and external motivating factors behind the actions of the House Committee on Ethics members. By looking at the procedural efficiency of the Committee on Ethics (or lack thereof), as a natural consequence of the committee members’ implicit public policy actions, the authors find that junior members do not receive elite committee assignments and do not want to stand in judgment of senior party leaders. As a natural consequence, this leads to questions about the effectiveness of an organization that is in charge of investigating itself – driven by the actions of the committee members' personal and legislative goals.
Here, Michael F. Holt gives us the only comprehensive history of the Whigs ever written. He offers a panoramic account of the tumultuous antebellum period, a time when a flurry of parties and larger-than-life politicians--Andrew Jackson, John C. Calhoun, Martin Van Buren, and Henry Clay--struggled for control as the U.S. inched towards secession. It was an era when Americans were passionately involved in politics, when local concerns drove national policy, and when momentous political events--like the Annexation of Texas and the Kansas-Nebraska Act--rocked the country. Amid this contentious political activity, the Whig Party continuously strove to unite North and South, emerging as the nation's last great hope to prevent secession.
About every eight decades, coincident with the most stressful and perilous events in U.S. history—the Revolutionary and Civil Wars and the Great Depression and World War II—a new, positive, accomplished, and group-oriented “civic generation” emerges to change the course of history and remake America. The Millennial Generation (born 1982–2003) is America’s newest civic generation. In their 2008 book, Millennial Makeover, Morley Winograd and Michael D. Hais made a prescient argument that the Millennial Generation would change American politics for good. Later that year, a huge surge of participation from young voters helped to launch Barack Obama into the White House. Now, in Millennial Momentum, Winograd and Hais investigate how the beliefs and practices of the Millennials are transforming other areas of American culture, from education to entertainment, from the workplace to the home, and from business to politics and government. The Millennials’ cooperative ethic and can-do spirit have only just begun to make their mark, and are likely to continue to reshape American values for decades to come. Drawing from an impressive array of demographic data, popular texts, and personal interviews, the authors show how the ethnically diverse, socially tolerant, and technologically fluent Millennials can help guide the United States to retain its leadership of the world community and the global marketplace. They also illustrate why this generation’s unique blend of civic idealism and savvy pragmatism will enable us to overcome the internal culture wars and institutional malaise currently plaguing the country. Millennial Momentum offers a message of hope for a deeply divided nation.
For the past three decades, many history professors have allowed their biases to distort the way America’s past is taught. These intellectuals have searched for instances of racism, sexism, and bigotry in our history while downplaying the greatness of America’s patriots and the achievements of “dead white men.” As a result, more emphasis is placed on Harriet Tubman than on George Washington; more about the internment of Japanese Americans during World War II than about D-Day or Iwo Jima; more on the dangers we faced from Joseph McCarthy than those we faced from Josef Stalin. A Patriot’s History of the United States corrects those doctrinaire biases. In this groundbreaking book, America’s discovery, founding, and development are reexamined with an appreciation for the elements of public virtue, personal liberty, and private property that make this nation uniquely successful. This book offers a long-overdue acknowledgment of America’s true and proud history.
The subject of Michael Warner's book is the rise of a nation. America, he shows, became a nation by developing a new kind of reading public, where one becomes a citizen by taking one's place as writer or reader. At heart, the United States is a republic of letters, and its birth can be dated from changes in the culture of printing in the early eighteenth century. The new and widespread use of print media transformed the relations between people and power in a way that set in motion the republican structure of government we have inherited. Examining books, pamphlets, and circulars, he merges theory and concrete analysis to provide a multilayered view of American cultural development.
This volume thoroughly examines the operations and politics of the U.S. Congress. It guides readers to their own assessment of congressional politics and provides them with the basis for future reading and study of the subject. The American Congress: A Reference Handbook covers Congress from its inception to the present day, discussing the constitutional functions of Congress and how they have evolved over time. It presents a detailed discussion of 15 problems with which Congress copes, some associated concerns with those problems, and how they might be resolved. The book opens with a brief history of Congress and how it has changed over time. It discusses a series of problems and concerns, and proposed solutions to those problems. It also comprises nine original essays by other scholars and persons involved in congressional politics as well as profiles of the major organizations and actors involved. Data and documents and a detailed chronology of Congress from 1789 to 2018 allow readers to situate significant legislation within the history of Congress, while an annotated list of sources—the major books and scholarly journals concerned with Congress in addition to a number of feature-length films and videos—provide readers with vetted resources for further study.
First published in 1973, The Symmetrical Family combines evidence about the family of the past with information from a sociological survey in the London region and uses both as the basis for a speculative discussion about the future. The argument is that a new style of family life has emerged. Its basis is not equality between husbands and wives but at least something approaching symmetry: increasingly wives work outside the home and husbands inside it. The new family is itself under increasing pressure. Contrary to the popular view, there is yet no sign of a general increase in leisure. In some occupations work is dominant and becoming more so; at the same time the proportions of people in such jobs, though still in the minority, are expanding. The growing demand of wives for paid work outside the home means that in place of two jobs, one for the husband and one for the wife, there will often be four, with both working inside as well as outside the home. How long will people be able to bear the consequent strain? In a final chapter the authors discuss what they think will happen unless people decide quite deliberately, to reduce the pressure upon themselves and their children. This book will be of interest to students of sociology, health, social care, anthropology and public policy.
Benjamin Disraeli (1804-81) was one of the most important political figures in 19th century Britain. However, before rising to political prominence he had established himself as a major literary figure. This set takes a critical look at Disraeli's early work. Volume 2 includes The Young Duke (1831.
I realized something that should have been apparent to me much earlier: I was in the middle of a plot to get the president." A quarter of a century after Woodward and Bernstein's history-making expose All the President's Men stunned the nation by capturing the Nixon presidency in the throes of turmoil, Newsweek reporter Michael Isikoff gives us an equally explosive and surprisingly suspenseful behind-the-scenes account of his investigative role in the scandals that have rocked President Clinton's second term and led to the historic vote for impeachment that will define his presidency. Isikoff, who is credited with breaking the Paula Jones, Kathleen Willey and Monica Lewinsky stories, is universally acknowledged as the leading reporter who brought to light the incredible revelations about Clinton's personal and political lives that have consumed this country and shocked the world. As a reporter for the Washington Post and Newsweek, Isikoff has established himself as an astute observer and chronicler of Clinton's conduct throughout his presidency, following a trail of presidential misconduct from Little Rock, Arkansas, to the Oval Office. But Isikoff also unwittingly became a primary character in the unfolding Clinton drama. This is a story only he could tell, a gripping narrative of how one journalist went from battling skeptical editors and a formidable White House spin machine in his quest for the truth about Clinton to becoming a central participant in one of the biggest scandals in American political history. Featuring a cast of bizarre characters who make this book as entertaining to read as a novel, Uncovering Clinton is also a nuanced and scrupulously fair account with a wealth of never-before-told information about the major players and events in the Clinton scandals, including: The real reasons why some Washington Post reporters and editors believed Paula Jones's story from the start--and why Isikoff's story nonetheless was later killed before it ran. How George Stephanopolous covered for Clinton as Isikoff pursued the Paula Jones story. How Lucianne Goldberg's private notebook and tapes of her phone calls with Linda Tripp show that while Tripp was crying "victim" to the press, she was really plotting to bring down the president and betray Monica Lewinsky--and write a book about it all. The real truth behind Hillary Clinton's oft-cited "vast right-wing conspiracy"--a coterie of right-wing lawyers known as "the elves" who secretly wrote the Jones legal briefs and arranged to bring the Lewinsky story to Ken Starr's office and to public light. How Linda Tripp manipulated Ken Starr's prosecutors into launching a criminal investigation into the Lewinsky matter while withholding critical information, including her repeated contacts with Isikoff. Isikoff had no agenda when he started investigating President Clinton's conduct other than to get at the truth. Now, after accomplishing a remarkable case of journalistic detective work, Isikoff gives us something even more significant: a work that illuminates the psychologically troubling behavior of a president, an Administration that has enabled his actions, a motley crew of Clinton-haters who would stop at nothing to topple the president, and a rapidly changing media grappling with the ever-shifting boundaries between public and private behavior. Uncovering Clinton will surely be the definitive account of our nation's biggest political scandal since Watergate.
From the early 1870s until his death in 1902, John Mackay was among the richest men in the world and was without a doubt the wealthiest man to emerge from Nevada’s fabulous Comstock Lode. Author Michael J. Makley explores how, from his beginnings as a poor Irish immigrant, John Mackay developed a strong work ethic that distinguished him for the rest of his life. He came west to seek his fortune in the California Gold Rush and then moved on to Virginia City, Nevada, where he dealt in mining stocks and operated silver mines. After making a fortune in mining, he transferred his energies to banking and communications. John Mackay offers new insight into the life and achievements of this remarkable man. It also places Mackay in the broader context of his time, an era of robber barons and rampant corruption, rapidly advancing technology, national and international capitalism, and flagrant displays of newfound wealth. Even in this context, he stood out, not only for his contributions to Nevada and mining history, but also for his reputation as an important business leader fighting the consolidation and venality of corporate power in the Gilded Age. His actions freed the Comstock from a financial monopoly, resulting in moderated rates for the milling, timber, shipping, transportation, and water that made mining possible and precipitated the discovery and development of the ore field known as the “Big Bonanza.” Makley’s book recounts the life and career of one of the most successful men of his age, a capitalist of immense wealth who generously helped those around him and worked diligently in the public interest. This engaging biography will appeal to readers interested in the Comstock Lode and mining in the West during the latter part of the nineteenth century as well as general western history enthusiasts.
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