In 1995, Treasury Secretary Robert Rubin re-defined the next thirty years of currency policy with the mantra, “A strong dollar is in America’s interest.” That mantra held, ushering in exceptional prosperity and cheap foreign goods, but the strong dollar policy also played a role in the devastating hollowing out of America’s manufacturing sector. Meanwhile, abroad, the United States increasingly turned to the dollar as a weapon of war. In Paper Soldiers, Saleha Mohsin reveals how the Treasury Department has shaped U.S. policy at home and overseas by wielding the American dollar as a weapon—and what that means in a new age of crisis.
For decades, America has preferred its currency superpower-strong, the basis of a “strong dollar” policy that attracted foreign investors and pleased consumers. Drawing on Mohsin’s unparalleled access to current and former Treasury officials like Robert Rubin, Steven Mnuchin, and Janet Yellen, Paper Soldiers traces that policy’s intended and unintended consequences, including the rise of populist sentiment and trade war with China—culminating in an unprecedented attack on the dollar’s pristine status during the Trump presidency—and connects the dollar’s weaponization from 9/11 to the deployment of crippling financial sanctions against Russia. Ultimately, Mohsin argues that, untethered from many of the economic assumptions of the last generation, the power and influence of the American dollar is now at stake.
With first-hand reporting and fresh analysis that illustrates the vast, often unappreciated power that the Treasury Department wields at home and abroad, Paper Soldiers tells the inside story of how we really got here—and the future not only of the almighty dollar, but the nation’s teetering role as a democratic superpower.
The riveting new novel by the author of the 2021 National Book Award winner and bestseller Hell of a Book
People Like Us is Jason Mott’s electric new novel. It is not memoir, yet it has deeply personal connections to Jason’s life. And while rooted in reality, it explodes with dreamlike experiences that pull a reader in and don’t let go, from the ability to time travel to sightings of sea monsters and peacocks, and feelings of love and memory so real they hurt.
In People Like Us, two Black writers are trying to find peace and belonging in a world that is riven with gun violence. One is on a global book tour after a big prize win; the other is set to give a speech at a school that has suffered a shooting. And as their two storylines merge, truths and antics abound in equal measure: characters drink booze out of an award trophy; menaces lurk in the shadows; tiny French cars putter around the countryside; handguns seem to hover in the air; and dreams endure against all odds.
Poppy and Alex. Alex and Poppy. They have nothing in common. She’s a wild child; he wears khakis. She has insatiable wanderlust; he prefers to stay home with a book. And somehow, ever since a fateful car share home from college many years ago, they are the very best of friends. For most of the year they live far apart—she’s in New York City, and he’s in their small hometown—but every summer, for a decade, they have taken one glorious week of vacation together.
Until two years ago, when they ruined everything. They haven’t spoken since.
Poppy has everything she should want, but she’s stuck in a rut. When someone asks when she was last truly happy, she knows, without a doubt, it was on that ill-fated, final trip with Alex. And so, she decides to convince her best friend to take one more vacation together—lay everything on the table, make it all right. Miraculously, he agrees.
Now she has a week to fix everything. If only she can get around the one big truth that has always stood quietly in the middle of their seemingly perfect relationship. What could possibly go wrong?
An Australian millionaire’s plan to mine the ocean floor. Nigerian garbage pickers risking their lives to salvage e-waste. A Bill Gates-backed entrepreneur harnessing AI to find metals in the Arctic.
These people and millions more are part of the intensifying competition to find and extract the minerals essential for two crucial technologies: the internet and renewable energy. In Power Metal, Vince Beiser explores the Achilles’ heel of “green power” and digital technology – that manufacturing computers, cell phones, electric cars, and other technologies demand skyrocketing amounts of lithium, copper, cobalt, and other materials. Around the world, businesses and governments are scrambling for new places and new ways to get those metals, at enormous cost to people and the planet.
Beiser crisscrossed the world to talk to the people involved and report on the damage this race is inflicting, the ways it could get worse, and how we can minimize the damage. Power Metal is a compelling glimpse into this disturbing yet potentially promising new world.
Generations of readers have fallen in love with Jane Austen’s beloved classic Pride and Prejudice. The sparkling Elizabeth Bennet, the taciturn Fitzwilliam Darcy, and an array of characters that range from irrepressible to almost irredeemable, move through this comedy of manners about the danger of first impressions. Set in a provincial world away from London, Austen’s novel pokes fun at the machinations of courtship rituals while celebrating the importance of friendship and sisterhood.
Jane Austen began writing Pride and Prejudice when she was just twenty years old, though it would not be published until seventeen years later, in 1813. Widely regarded as one of the first romantic comedies in literary history, the novel’s entanglements and misunderstandings are deftly interwoven with a sharp, ironic critique of English society.
Mrs Bennet is determined to secure a prosperous future for her five daughters through advantageous marriages. Her second-eldest, Elizabeth, is just as resolute that Fitzwilliam Darcy – the most arrogant, self-important man she has ever met – will not be one of her suitors. Darcy, in turn, considers Elizabeth an unfit match due to her lower social standing and limited connections. Yet the heart seldom obeys reason, and both are forced to examine their own prejudices in the pursuit of true love.