Books by Thomas K. McCraw

What explains the economic success of the U.S., Britain, Germany, and Japan? What can be learned from the performances of leading business firms? How important were specific innovations by individual entrepreneurs? What is the nature of capitalist development? McCraw and his coauthors present penetrating answers to these questions.

In this ingenious book Thomas McCraw unfolds the history of four powerful men: Charles Francis Adams, Louis D. Brandeis, James M. Landis, and Alfred E. Kahn. The absorbing stories he tells make this a book that will appeal across a wide spectrum of academic disciplines and to all readers interested in history, biography, and Americana.

In 1776 the U.S. owed huge sums to foreign creditors and its own citizens but, lacking the power to tax, had no means to repay them. This is the first book to tell the story of how foreign-born financial specialists-the immigrant founders Hamilton and Gallatin-solved the fiscal crisis and set the nation on a path to long-term economic prosperity.

Schumpeter made his mark as the prophet of incessant change. Drawing on all of Schumpeter's writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world's greatest economist, lover, and horseman-and admitted to failure only with the horses.