Zachary Karabell

Brown Brothers Harriman and the American Way of Power

Inside Money

Award-winning historian Zachary Karabell tells the epic story of the greatest engineering feat of the nineteenth century--the building of the Suez Canal-- and shows how it changed the world. The dream was a waterway that would unite the East and the West, and the ambitious, energetic French diplomat and entrepreneur Ferdinand de Lesseps was the mastermind behind the project. Lesseps saw the project through fifteen years of financial challenges, technical obstacles, and political intrigues. He convinced ordinary French citizens to invest their money, and he won the backing of Napoleon III and of Egypt's prince Muhammad Said. But the triumph was far from perfect: the construction relied heavily on forced labor and technical and diplomatic obstacles constantly threatened completion. The inauguration in 1869 captured the imagination of the world. The Suez Canal was heralded as a symbol of progress that would unite nations, but its legacy is mixed. Parting the Desert is both a transporting narrative and a meditation on the origins of the modern Middle East.

The Creation of the Suez Canal

Parting the Desert

A history and critical assessment of leading indicators reveals their indelible impact on the economy, public policy and other critical decisions, discussing their shortcomings while making suggestions for reducing dependence on them.

A Short History of the Numbers That Rule Our World

The Leading Indicators

"The story of conflict and confrontation between Islam and the West has become daily news, but throughout the ages Muslims, Christians, and Jews have shared more than enmity and war: there is also a rich and textured history of coexistence that has all but disappeared from our collective memory. In this timely and revealing book, Zachary Karabell traces the legacy of tolerance and cooperation from the advent of Islam to the present day."--BOOK JACKET

the story of Muslim, Christian, and Jewish coexistence

Peace be upon you

People of the Book

The author of The Third World and the Cold War focuses on the Truman-Dewey campaign, analyzing the use of mass media to win voters and the rise of fringe parties on both ends of the political spectrum. Reprint. 12,500 first printing.

How Harry Truman Won the 1948 Election

The Last Campaign

A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the nineteenth century, when America was convulsed by a devastating financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength, propping up the U.S. financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steamship to the railroad, while largely managing to avoid the unwelcome attention that plagued some of its competitors. By the turn of the twentieth century, Brown Brothers was unquestionably at the heart of what was meant by an American Establishment. As America's reach extended beyond its shores, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early twentieth century, where the firm essentially took over the country's economy. To the Brown family, the virtue of their dealings was a given; their form of muscular Protestantism, forged on the playing fields of Groton and Yale, was the acme of civilization, and it was their duty to import that civilization to the world. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the global stage during World War II and thereafter, as its partners served at the highest levels of government to shape the international system that defines the world to this day. In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a thrilling understanding of the larger forces at play, Karabell has created an X-ray of American power--financial, political, cultural--as it has evolved from the early 1800s to the present. Today, unlike many of its competitors, Brown Brothers Harriman remains a private partnership and a beacon of sustainable capitalism, having forgone the heady speculative upsides of the past thirty years but also having avoided any role in the devastating downsides. The firm is no longer in the command capsule of the American economy, but, arguably, that is to its credit. If its partners cleaved to any one adage over the generations, it is that a relentless pursuit of more can destroy more than it creates.

Describes the life and times of unlikely chief executive Chester Alan Arthur, who was propelled into the presidency after James Garfield's assassination, and his efforts to make sweeping reforms in America's political system.

The American Presidents Series: The 21st President, 1881-1885

Chester Alan Arthur

In this penetrating volume, Zachary Karabell examines the continuous thread that runs through the tapestry of the American experience -- the belief that we can create a perfect society -- and envisions what the next great era will be. Just as the Puritan vision of a city on a hill was supplanted by the Founding Fathers' vision of individuality, just as the expansive vision of a government-led Great Society was eclipsed by the New Economy of the 1990s, so too is the New Economy being replaced by what Karabell contends will be a period when community and spirituality occupy center stage.

Four Centuries of American Dreams and What Lies Ahead

A Visionary Nation

A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the nineteenth century, when America was convulsed by a financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength. By the turn of the twentieth century, Brown Brothers was unquestionably at the heart of the American Establishment. As America's reach extended, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early twentieth century, where the firm essentially took over the country's economy. To the Brown family, the virtue of their dealings was a given; their form of muscular Protestantism, forged on the playing fields of Groton and Yale, was the acme of civilization, and it was their duty to import that civilization to the world. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the global stage during World War II and thereafter, as its partners served at the highest levels of government to shape the international system that defines the world to this day. In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a deep knowledge of the larger forces at play, Karabell has created an X-ray of American power--financial, political, cultural--as it has evolved from the early 1800s to the present. Today, Brown Brothers Harriman remains a private partnership and a beacon of sustainable capitalism, having forgone the heady speculative upsides of the past thirty years but also having avoided any role in the devastating downsides. The firm is no longer in the command capsule of the American economy, but, arguably, that is to its credit. If its partners cleaved to any one adage over the generations, it is that a relentless pursuit of more can destroy more than it creates.

Aron Cramer

How the world's most influential companies are building business strategies that tackle the biggest global challenges. Today's business landscape is changing in fundamental ways: Natural resources are growing ever more scarce and expensive. Technology and changing consumer expectations are making transparency a fact of life. The rise of emerging economies creates vast market opportunities for companies--and better living standards for hundreds of millions. In Sustainable Excellence, Aron Cramer and Zachary Karabell tell the stories of the companies who are transforming themselves by responding to these paradigm shifts and in the process shaping the future. From their work with these Global 1000 companies, Cramer and Karabell know firsthand how business can successfully grapple with big-picture issues like resource scarcity, supply chain complexities, and the diverse expectations of government and the public. In Sustainable Excellence, they tell the story of how Coca-Cola and Greenpeace collaborated on a refrigerator that fights climate change. They show how companies like Best Buy and Nike are transforming the very products they sell to deliver more value to consumers with less waste. They recount how GE and Google created an innovative partnership that is developing "smart grids" that radically reduce energy use. And they show how business leaders like Starbucks' founder and CEO Howard Schultz put sustainable excellence at the center of his company's business strategy. Through these and other fascinating stories, Sustainable Excellence makes the case for a different way of doing business--one that will define both business success and economic vitality in the 21st century.

The Future of Business in a Fast-Changing World

Sustainable Excellence

In a narrative that is at once thoughtful and passionate, an award-winning historian reveals the history of peaceful coexistence between Muslims, Christians, and Jews over the course of fourteen centuries until the present day. The harsh reality of religious conflict is daily news, and the rising tensions between the West and Islam show no signs of abating. However, the relationship between Muslims, Christians, and Jews has not always been marked with animosity; there is also a deep and nuanced history of peace. From the court of caliphs in ancient Baghdad, where scholars engaged in spirited debate, to present-day Dubai, where members of each faith work side by side, Karabell traces the forgotten legacy of tolerance and cooperation these three monotheistic religions have enjoyed—a legacy that will be vital in any attempt to find common ground and reestablish peace.

Fourteen Centuries of Muslim, Christian, and Jewish Conflict and Cooperation

Peace Be Upon You

We live in a world polarized by the ongoing conflict between Muslims, Christians and Jews, but - in an extraordinary narrative spanning fourteen centuries - Zachary Karabell argues that the relationship between Islam and the West has never been simply one of animosity and competition, but has also comprised long periods of cooperation and coexistence. Through a rich tapestry of stories and a compelling cast of characters, People of the Book uncovers known history, and forgotten history, as Karabell takes the reader on an extraordinary journey through the Arab and Ottoman empires, the Crusades and the Catholic Reconquista and into the modern era, as he examines the vibrant examples of discord and concord that have existed between these monotheistic faiths. By historical standards, today's fissure between Islam and the West is not exceptional, but because of weapons of mass destruction, that fissure has the potential to undo us more than ever before. This is reason enough to look back and remember that Christians, Jews and Muslims have lived constructively with one another. They have fought and taught each other, and they have learned from one another. Retrieving this forgotten history is a vital ingredient to a more stable, secure world.

Zachary Karabell

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