This is the first biography of William McChesney Martin, Jr. (1906-1998), the first paid president of the New York Stock Exchange and the chairman of the Federal Reserve System under Presidents Truman to Nixon. The extent of Martin’s influence on the course of American economic history was significant: arguably he has done more to strengthen and reform the nation’s most important financial institutions than has any other individual. Chairman of the Fed tells Martin’s fascinating life story and explains his lasting impact on the NYSE and the Fed, both troubled institutions that Martin transformed. The book provides an inside look into the economic deliberations of five presidential administrations and describes Martin’s battles to bring about ethical and intelligent regulation of U.S. financial markets. His experiences shed light not only on the evolution of the American financial system but also on critical issues that confront the system today.
Robert Reiner has been one of the pioneers in the development of research on policing since the 1970s as well as a prolific writer on mass media and popular culture representations of crime and criminal justice. His work includes the renowned books The Politics of the Police and Law and Order: An Honest Citizen's Guide to Crime and Control, an analysis of the neo-liberal transformation of crime and criminal justice in recent decades. This volume brings together many of Reiner's most important essays on the police written over the last four decades as well as selected essays on mass media and on the neo-liberal transformation of crime and criminal justice. All the work included in this important volume is underpinned by a framework of analysis in terms of political economy and a commitment to the ethics and politics of social democracy
The Great Inflation in the 1960s and 1970s, notes award-winning columnist Robert J. Samuelson, played a crucial role in transforming American politics, economy, and everyday life. The direct consequences included stagnation in living standards, a growing belief—both in America and abroad—that the great-power status of the United States was ending, and Ronald Reagan’s election to the presidency in 1980. But that is only half the story. The end of high inflation led to two decades of almost uninterrupted economic growth, rising stock prices and ever-increasing home values. Paradoxically, this prolonged prosperity triggered the economic and financial collapse of 2008 and 2009 by making Americans—from bank executives to ordinary homeowners—overconfident, complacent, and careless. The Great Inflation and its Aftermath, Samuelson contends, demonstrated that we have not yet escaped the boom-and-bust cycles common in the nineteenth and early twentieth centuries. This is a sobering tale essential for anyone who wants to understand today’s world.
A thorough overview of Asperger syndrome for mental health professionals. Despite the dramatic proliferation of research, clinical perspectives, and first-person accounts of Asperger Syndrome (AS) in the last 15 years, much of this information has focused on the application of the diagnosis to children, even though AS displays persistence over time in individuals. This book is one of the only guides to Asperger Syndrome as it manifests itself in adults. It integrates research and clinical experience to provide mental health professionals with a comprehensive discussion of AS in adulthood, covering issues of diagnosis as well as co-morbid psychiatric conditions, psychosocial issues, and various types of interventions—from psychotherapy to psychopharmacology. It also discusses basic diagnostic criteria, controversies about the disorder, and possible interventions and treatments for dealing with the disorder.
With How Children Develop, students get an up-to-date, topically-organized introduction to child development, presented by researchers and teachers who themselves are guiding the field into new directions. The authors emphasize fundamental principles, enduring themes, and important recent studies, avoiding excessive detail and making typically difficult topics easier to grasp. This thoroughly updated edition welcomes new co-author Jenny Saffran, and is accompanied by an expanded media package.
In a bracing work of history, a leading international finance expert reveals how our national security depends on our financial security More than two centuries ago, America's first secretary of the treasury, Alexander Hamilton, identified the Revolutionary War debt as a threat to the nation's creditworthiness and its very existence. In response, he established financial principles for securing the country—principles that endure to this day. In this provocative history, Robert D. Hormats, one of America's leading experts on international finance, shows how leaders from Madison and Lincoln to FDR and Reagan have followed Hamilton's ideals, from the greenback and a progressive income tax to the Victory Bond and Victory Garden campaigns and cost-sharing with allies. Drawing on these historical lessons, Hormats argues that the rampant borrowing to pay for the war in Iraq and the short-sighted tax cuts in the face of a long-term war on terrorism run counter to American tradition and place our country's security in peril. To meet the threats facing us, Hormats contends, we must significantly realign our economic policies—on taxes, Social Security, Medicare, and oil dependency—to safeguard our liberty and our future.
This is the first biography of William McChesney Martin, Jr. (1906-1998), the first paid president of the New York Stock Exchange and the chairman of the Federal Reserve System under Presidents Truman to Nixon. The extent of Martin’s influence on the course of American economic history was significant: arguably he has done more to strengthen and reform the nation’s most important financial institutions than has any other individual. Chairman of the Fed tells Martin’s fascinating life story and explains his lasting impact on the NYSE and the Fed, both troubled institutions that Martin transformed. The book provides an inside look into the economic deliberations of five presidential administrations and describes Martin’s battles to bring about ethical and intelligent regulation of U.S. financial markets. His experiences shed light not only on the evolution of the American financial system but also on critical issues that confront the system today.
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