Founding Choices

Papers of the National Bureau of Economic Research conference held at Dartmouth College on May 8-9, 2009.

The political decisions made by the founding fathers were crucial to the success of the early republic. But the economic decisions they made were just as pivotal, ensuring the general welfare and common defense of the United States for decades to come. Founding Choices explores these economic choices and their profound influence on American life, westward expansion, and influence abroad. Among the topics covered are finance, trade, and monetary and banking policy, with a focus on the factors guiding those policies and their end result. This book redresses the relative neglect of the economic achievements of the founders. It will be essential reading for historians and economists alike.

The Founder's Dilemmas examines how early decisions by entrepreneurs can make or break a startup and its team. Drawing on a decade of research, including quantitative data on almost ten thousand founders as well as inside stories of founders like Evan Williams of Twitter and Tim Westergren of Pandora, Noam Wasserman reveals the common pitfalls founders face and how to avoid them.

The future calls : do you answer? -- Your best answer : how to move forward -- Will failure and success bring you down? -- Fail and succeed productively -- Are you blocked by your blueprint and hooked on routine? -- Redraw your blueprint and rethink your routines -- Are you playing with fire and overemphasizing equality? -- Fight the magnetic pulls of family and equality

In Act of Creation, Stephen C. Schlesinger tells a pivotal and little-known story of how Secretary of State Edward Stettinius and the new American President, Harry Truman, picked up the pieces of the faltering campaign initiated by Franklin Roosevelt to create a "United Nations." Using secret agents, financial resources, and their unrivaled position of power, they overcame the intrigues of Stalin, the reservations of wartime allies like Winston Churchill, the discontent of smaller states, and a skeptical press corps to found the United Nations. The author reveals how the UN nearly collapsed several times during the conference over questions of which states should have power, who should be admitted, and how authority should be divided among its branches. By shedding new light on leading participants like John Foster Dulles, John F. Kennedy, Adlai Stevenson, Nelson Rockefeller, and E. B White, Act of Creation provides a fascinating tale of twentieth-century history not to be missed.

PULITZER PRIZE WINNER • NATIONAL BESTSELLER • A landmark work of history explores how a group of greatly gifted but deeply flawed individuals—Hamilton, Burr, Jefferson, Franklin, Washington, Adams, and Madison—confronted the overwhelming challenges before them to set the course for our nation. “A splendid book—humane, learned, written with flair and radiant with a calm intelligence and wit.” —The New York Times Book Review The United States was more a fragile hope than a reality in 1790. During the decade that followed, the Founding Fathers—re-examined here as Founding Brothers—combined the ideals of the Declaration of Independence with the content of the Constitution to create the practical workings of our government. Through an analysis of six fascinating episodes—Hamilton and Burr’s deadly duel, Washington’s precedent-setting Farewell Address, Adams’ administration and political partnership with his wife, the debate about where to place the capital, Franklin’s attempt to force Congress to confront the issue of slavery and Madison’s attempts to block him, and Jefferson and Adams’ famous correspondence—Founding Brothers brings to life the vital issues and personalities from the most important decade in our nation’s history.

Co-owner of Boston Pizza and star of CBC-TV’s Dragons’ Den, Jim Treliving reveals the secrets of his success, taking you behind the scenes at critical points in the building of his businesses—which also include Mr. Lube and interests in real estate and sports franchising. Covering the “big” decisions—from what to do with your life to how to source capital, find partners, handle change and inspire growth—Treliving sets out the tools for making effective choices and explains why every decision requires action. He also discusses how to bounce back from those no-so-good decisions, explaining how to refocus and recalibrate, just as Treliving had to do when he realized that Boston Pizza’s expansion into Asia was causing the company to drift off-brand. Pulling back from Asian opportunities was a tough decision at the time, but the move became crucial to guiding successful BP expansions later on. Always candid, Treliving also shares his insights on some very public choices, ones you may have seen him make on The Big Decision or Dragons’ Den. Down to earth, sensible and filled with vision and humour, Decisions is a book for budding entrepreneurs and for those who want the inside business stories beyond what we see on TV. But it’s also for people who want to transform their companies into ones that create steady wealth and lasting success. Even if you’re not in business, Treliving’s inspiring story and astute advice will help you make wiser decisions in your life and move forward with confidence in your chosen field.

This book provides a complete overview of the Founders' natural rights theory and its policy implications.