Transaction Man

An Amazon Best History Book of 2019 "A splendid and beautifully written illustration of the tremendous importance public policy has for the daily lives of ordinary people." —Ryan Cooper, Washington Monthly Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about? In Transaction Man, Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable individuals who epitomized and helped create their eras. Adolf Berle, Franklin Delano Roosevelt’s chief theorist of the economy, imagined a society dominated by large corporations, which a newly powerful federal government had forced to become benign and stable institutions, contributing to the public good by offering stable employment and generous pensions. By the 1970s, the corporations’ large stockholders grew restive under this regime, and their chief theoretician, Harvard Business School’s Michael Jensen, insisted that firms should maximize shareholder value, whatever the consequences. Today, Silicon Valley titans such as the LinkedIn cofounder and venture capitalist Reid Hoffman hope “networks” can reknit our social fabric. Lemann interweaves these fresh and vivid profiles with a history of the Morgan Stanley investment bank from the 1930s through the financial crisis of 2008, while also tracking the rise and fall of a working-class Chicago neighborhood and the family-run car dealerships at its heart. Incisive and sweeping, Transaction Man is the definitive account of the reengineering of America and the enormous impact it has had on us all.

An Amazon Best History Book of 2019 "A splendid and beautifully written illustration of the tremendous importance public policy has for the daily lives of ordinary people." —Ryan Cooper, Washington Monthly Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about? In Transaction Man, Nicholas Lemann explains the United States’—and the world’s—great transformation by examining three remarkable individuals who epitomized and helped create their eras. Adolf Berle, Franklin Delano Roosevelt’s chief theorist of the economy, imagined a society dominated by large corporations, which a newly powerful federal government had forced to become benign and stable institutions, contributing to the public good by offering stable employment and generous pensions. By the 1970s, the corporations’ large stockholders grew restive under this regime, and their chief theoretician, Harvard Business School’s Michael Jensen, insisted that firms should maximize shareholder value, whatever the consequences. Today, Silicon Valley titans such as the LinkedIn cofounder and venture capitalist Reid Hoffman hope “networks” can reknit our social fabric. Lemann interweaves these fresh and vivid profiles with a history of the Morgan Stanley investment bank from the 1930s through the financial crisis of 2008, while also tracking the rise and fall of a working-class Chicago neighborhood and the family-run car dealerships at its heart. Incisive and sweeping, Transaction Man is the definitive account of the reengineering of America and the enormous impact it has had on us all.

The successes of feminism have led to greater opportunities for girls, by challenging stifling stereotypes about femininity and broadening the understanding of what it means to be female. While boys have travelled alongside this transformation, narrow definitions of masculinity and manliness haven’t faced the same degree of scrutiny. Whether they’re being urged to “man up” or warned that “boys don’t cry,” young men are subjected to damaging messages about manliness: they must muzzle their emotions and never show weakness, dominate girls and compete with one another. Boys: What It Means to Become a Man examines how these toxic rules can hinder boys’ emotional and social development. If girls can expand the borders of femaleness, could boys also be set free of limiting, damaging expectations about manhood and masculinity? Could what’s been labelled “the boy crisis” be the beginning of a revolution in how we raise young men? Drawing on extensive research and interviews with educators, activists, parents, psychologists, sociologists, and young men, Giese--mother to a son herself--examines the myths of masculinity and the challenges facing boys today. She reports from boys-only sex education classes and recreational sports leagues; talks to parents of transgender children and plays video games with her son. She tells stories of boys navigating the transition into manhood and how the upheaval in cultural norms about sex, sexuality and the myths of masculinity have changed the coming of age process for today’s boys. With lively reportage and clear-eyed analysis, Giese reveals that the movement for gender equality has the potential to liberate us all.

Longlisted for the Toronto Book Award The day after the 2015 Paris terror attacks, twenty-eight-year-old Canadian Jamil Jivani opened the newspaper to find that the men responsible were familiar to him. He didn’t know them, but the communities they grew up in and the challenges they faced mirrored the circumstances of his own life. Jivani travelled to Belgium in February 2016 to better understand the roots of jihadi radicalization. Less than two months later, Brussels fell victim to a terrorist attack carried out by young men who lived in the same neighbourhood as him. Jivani was raised in a mostly immigrant community in Toronto that faced significant problems with integration. Having grown up with a largely absent father, he knows what it is to watch a man’s future influenced by gangster culture or radical ideologies associated with Islam. Jivani found himself at a crossroads: he could follow the kind of life we hear about too often in the media, or he could choose a safe, prosperous future. He opted for the latter, attending Yale and becoming a lawyer, a professor at Osgoode Hall Law School and a powerful speaker for the disenfranchised. Why Young Men is not a memoir but a book of ideas that pursues a positive path and offers a counterintuitive, often provocative argument for a sea change in the way we look at young men, and for how they see themselves.

This timely book presents practical applications of modern economic theories to trade, transaction costs and institutions within both business and governmental realms. Frank A.G. den Butter explains the importance and means of keeping transaction costs as low as possible. He illustrates how this transaction management can contribute to making firms and nations more competitive by exploiting gains from the division of labour and international fragmentation of production, and uses relevant case studies to illustrate how value is created by reducing transaction costs. Policy recommendations for strengthening the competitive position of trading nations and reducing implementation costs of government policy are presented, and management methods for creating value in organizing production on a global scale are prescribed. A wide-ranging audience encompassing economists in academia, government and business; managers in industry and government; and students of economics, business and globalization will find this book to be a crucial reference tool.

Frank Stronach came to Canada from Austria with a few dollars in his pocket, a lot of hustle and a hunger to succeed. In a few short years, the young Stronach went from washing dishes to starting up his own tool and die shop in a rented garage, working long hours and sleeping on a fold-up bed next to his machines. He would build that small shop into Magna International Inc., one of the biggest auto parts manufacturers in the world, with more than 118,000 employees in twenty-nine countries. For the first time, and in his own words, Canada’s greatest industrialist tells the remarkable story of how he overcame hardship and heartache to climb to the top of a fiercely competitive industry. Along the way, he shares the blueprint for his company’s spectacular success: a unique business philosophy he created called Fair Enterprise. This can’t- fail formula has fuelled the company’s unstoppable growth and allowed Magna to share billions of dollars in profit with employees, managers, shareholders and society. An inspirational story of business triumph and innovation, The Magna Man is also an invaluable guide for anyone eager to start a business acquire the skills of a highly effective leader or make a difference in the world.

In this "lively and entertaining" history of ideas (Liaquat Ahamed, The New Yorker), New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution. Before the 1960s, American politicians had never paid much attention to economists. But as the post-World War II boom began to sputter, economists gained influence and power. In The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization. Some leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy. Others stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded cabins on commercial flights as the proof of his success; and Thomas Schelling, who put a dollar value on human life. Their fundamental belief? That government should stop trying to manage the economy.Their guiding principle? That markets would deliver steady growth, and ensure that all Americans shared in the benefits. But the Economists' Hour failed to deliver on its promise of broad prosperity. And the single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations. Timely, engaging and expertly researched, The Economists' Hour is a reckoning -- and a call for people to rewrite the rules of the market. A Wall Street Journal Business BestsellerWinner of the Porchlight Business Book Award in Narrative & Biography

Confessions of an Advertising Man is the distillation of all the successful Ogilvy concepts, tactics and techniques that made this book an international bestseller. Regarded as the father of modern advertising, David Ogilvy created some of the most memorable advertising campaigns that set the standard for others to follow. Anyone aspiring to be a good manager in any kind of business should read this.