Book Bits: Six For Investors

● Lincolnomics: How President Lincoln Constructed the Great American Economy
John F. Wasik
Essay by author via Forbes
Few Americans realize that a great deal of our collective wealth — transcontinental infrastructure from national banks to railroads — emerged from a few laws signed into law by Abraham Lincoln during the Civil War.
As we struggle to emerge from the dual crises of a global pandemic and economic recession, we need to embrace “Lincolnomics,” that is, building internal improvements that bolster economic progress for everyone. (I explore Lincoln’s marvelous, enduring vision in my new book).

● The Bonds of Inequality: Debt and the Making of the American City
Destin Jenkins
Summary via publisher (Chicago U. Press)
Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood.

● 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change
William Burckart and Steven Lydenberg
Summary via publisher (Berrett-Koehler Publishers)
Two experienced and visionary authors show how institutions and individuals can go beyond conventional and sustainable investing to address complex problems such as income inequality and climate change on a deep, systemic level. It’s time for a new way to think about investing, one that can contend with the complex challenges we face in the 21st century.

Please note that the links to books above are affiliate links with Amazon.com and James Picerno (a.k.a. The Capital Spectator) earns money if you buy one of the titles listed. Also note that you will not pay extra for a book even though it generates revenue for The Capital Spectator. By purchasing books through this site, you provide support for The Capital Spectator’s free content. Thank you!

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Disclosures: None.

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