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Trump and MacArthur: The Parallel Lives of Two American Demagogues

Released January 20th, 2021 by Seacliff Publications


Douglas MacArthur ascended to the pinnacle of power at the inception of the American Century when his nation established itself as the world's preeminent superpower. Donald Trump's turn came at what appears to be the end of US dominance as we turn inwards and relinquish the mantle of global hegemon to the rising power of China. These two men have arguably inspired both greater adoration and more visceral antipathy than any other pair of Americans. Their long uneven climb to power and rapid fall from grace informs us not only about the weaknesses and strengths of the nation's constitutional system, but also that of ourselves as a people.


The more one studies MacArthur and Trump, the more their remarkable similarities of ego, fate and path to power shine through.The parallels in their rise and fall reflect the peculiarities of the American Experiment and the nation's belief in its exceptionalism. It should be of no surprise that General MacArthur thought he should be president and President Trump has often referred to MacArthur as his favorite general. Both men rode waves of historical luck and self-promotion to great heights of power, challenged the nation's constitutional order and engendered utter devotion or loathing from millions of Americans.

Hot Stocks: Investing for Impact and Profit in a Warming World

Released July 8, 2020 from Rowman & Littlefield


Hot Stocks is the first published guide to assist individual investors in navigating the impact of global warming on their equity portfolios. The direct costs of climate change and efforts to mitigate them may become the most important drivers of the capital markets over the next two decades.


The book drills down on how rising world temperatures will depress or support stocks in sectors such as hydrocarbons, automakers, renewable power providers, regional banking, property insurance, heavy equipment manufacturers, Real Estate Investment Trusts (REITs) and agricultural chemicals. The analysis then pivots away from a US-centric focus to identify those nations around the world whose economies are best positioned to successfully adjust to the impact of global warming, as well as those likely to suffer the most from the trend.


It is the opinion of this author that there is no reason an investment strategy attempting to maximize returns in an era of changing climate cannot be both lucrative and ethical. As investors and customers turn away from companies that harm the environment, the cost of capital for these firms will rise. Many such businesses will be unable to modify their practices sufficiently and will eventually face insolvency. Avoiding or even actively shorting the securities of such companies will improve investment performance. Conversely, a portfolio positioned for an era of climate change will help drive capital to those firms whose efforts maximize the chances that our progeny will not be confined to lives in the polar regions of the planet.

Hitler's Great Gamble: A New Look at German Strategy, Operation Barbarossa, and the Axis Defeat in World War II

Released September 20th, 2019


On June 22, 1941, Hitler invaded the Soviet Union in Operation Barbarossa, one of the turning points of World War II. Within six months, the invasion bogged down on the outskirts of Moscow, and the Eastern Front proved to be the decisive theater in the defeat of the Third Reich. Ever since, most historians have agreed that this was Hitler's gravest mistake. In Hitler's Great Gamble, James Ellman argues that while Barbarossa was a gamble and perverted by genocidal Nazi ideology, it was not doomed from the start. Rather it represented Hitler's best chance to achieve his war aims for Germany which were remarkably similar to those of the Kaiser's government in 1914. Other options, such as an invasion of England, or an offensive to seize the oil fields of the Middle East were considered and discarded as unlikely to lead to Axis victory.

In Ellman's recounting, Barbarossa did not fail because of flaws in the Axis invasion strategy, the size of the USSR, or the brutal cold of the Russian winter. Instead, German defeat was due to errors of Nazi diplomacy. Hitler chose not to coordinate his plans with his most militarily powerful allies, Finland and Japan, and ensure the seizure of the ports of Murmansk and Vladivostok. Had he done so, Germany might well have succeeded in defeating the Soviet Union and, perhaps, winning World War II. Drawing on a wealth of primary and secondary sources (including many recently released), Hitler's Great Gamble is a provocative work that will appeal to a wide cross-section of World War II buffs, enthusiasts, and historians.


Risk Capital: A Portfolio of Financial Shenanigans

The growth of the capital markets since the 1990s has handed enormous power to a handful of men and women answerable to no one except their investors. What happens when this power is used for personal greed and ambition? RISK CAPITAL takes you on a global ride from the cool glass towers of Manhattan to the steamy jungles of the Yucatan - from secret meetings in a mountain-top Swiss castle to the very depths of evil mens' souls

Risk Capital: A Portfolio of Financial Shenanigans