Read a bunch of books in 2021! Here are my top-10 (non-fiction) reads:
1. Lords of Finance: The Bankers Who Broke the World, by Liaquat Ahamed, on the humanity and myopia that inflicted the Great Depression on the world—and the inflection points that got us there.
2. The Earth Shall Weep: A History of Native America, by James Wilson, which should be required reading for every American (and then some). Somehow manages to weave a concise story of centuries of settler-colonialism in North America, and the stories buried under myth.
3. The Annotated Memoirs of Ulysses S. Grant, edited by Elizabeth D. Samet, a book that somehow not only lives up to the hype, but only grows in more relevancy—and reveals Grant's prescience on where America would go after his presidency.
4. Capital in the Twenty-First Century, by Thomas Piketty, which is somehow significantly less radical seven years after publishing—but which remains the titan of insight it ever was.
5. Confederate Reckoning: Power and Politics in the Civil War South, by Stephanie McCurry, on how fractured the Confederacy—the first state "dedicated to the proposition that all men were not created equal"—truly was.
6. A Wicked War: Polk, Clay, Lincoln, and the 1846 U.S. Invasion of Mexico, by Amy Greenberg. If you read one book on the Mexican-American War, make it this one. Frames that blatant land-grab as one of America's greatest sins, and identifies those responsible—and those opposed.
7. How the Word is Passed: A Reckoning with the History of Slavery Across America, by @ClintSmithIII, which will likely be viewed as one of the seminal reads of this era, especially when historians look to explain the collapse of Confederate hagiography in the 2010s/2020s.
8. The Quiet Americans: Four CIA Spies at the Dawn of the Cold War – a Tragedy in Three Acts, by Scott Anderson. Incredible look at just how much the Soviets had the Americans over the barrel when it came to post-WWII espionage—and how the US lost the plot along the way.
9. The Impeachers: The Trial of Andrew Johnson and the Dream of a Just Nation, by Brenda Wineapple. Intimate look at the president who most closely resembles Trump, and the furies (and corruption) that saved him from impeachment.
10. Theodore Rex, by Edmund Morris. Revealing why Teddy Roosevelt is considered one of the US's greatest presidents (and should maybe be ranked even higher?)—and the chauvinism and imperialism that motivated this asteroid of a man, blasting apart Washington.
And for the first time, I can say: In 2021, I also *wrote* a book! Here are some reviews of 'American Kleptocracy,' on the US's transformation into the world's greatest offshore haven:

theatlantic.com/magazine/archi…
economist.com/books-and-arts…
nybooks.com/articles/2021/…

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More from @cjcmichel

15 Dec
Fascinating paper on the historical memory of imperial settler-colonial violence in Oregon, and how wonton anti-Indigenous violence was whitewashed out of Oregon's (and the Pacific Northwest's) story:
'During the late 19th and early 20th centuries, many Americans understood the term 'pioneer' as reference to a soldier of colonialism. They specifically conceptualized pioneers... as people who were actively and often violently expelling Native people and overtaking their land.'
'A plurality of the Euro-Americans who came to mid-19th-century Oregon sought to create a racially exclusionary state... People at the federal and territorial level alike envisioned Oregon... as a White man’s republic, from which Native people had to be (or had been) expunged.'
Read 6 tweets
8 Dec
Grateful to @anneapplebaum and @TheAtlantic for reviewing AMERICAN KLEPTOCRACY (alongside the great @tomburgis)!

theatlantic.com/magazine/archi…
‘Conveying the full picture of corruption, from a scheme’s inception to its long-term ramifications, is a big challenge. American Kleptocracy and Kleptopia required years of careful reporting; they both, in turn, require concentration to read.’ theatlantic.com/magazine/archi…
'[Trump's] presidency should serve as a warning: If democratic societies do not wake up to the spread of corruption among self-interested rulers and their enablers, they may find themselves not just broke and impoverished, but voiceless and unfree.' theatlantic.com/magazine/archi…
Read 4 tweets
6 Dec
Fantastic, in many ways unprecedented, new strategy document from the White House on countering corruption/kleptocracy: whitehouse.gov/briefing-room/…
One of the clear through-lines of the new U.S. anti-corruption strategy: recognizing that the U.S. is a "significant destination for laundered proceeds of illicit activity." Specifically singles out American:

—Shell companies
—Real estate
—Private equity/hedge funds
Absolutely fantastic to see the White House specifically call out American "enabling" professionals—lawyers, accountants, trust providers, etc.

*And* the White House comes out in support of increased anti-money laundering regulations on these enablers.

whitehouse.gov/wp-content/upl…
Read 6 tweets
4 Dec
Some staggering numbers in this new report, on just how open the U.S. private investment/private equity/hedge fund markets are for gargantuan money laundering schemes:
The U.S. private investment market has:

—over $11 trillion dollars in assets
—~13,000 investment advisers
—minimal anti-money laundering regulations
—the "perfect confluence of factors that make it an ideal place to hide and launder the proceeds of corrupt/criminal activity"
One of the chapters of AMERICAN KLEPTOCRACY (which you can purchase now!) looks specifically at how private equity/hedge funds in the U.S. have become massive money laundering vehicles unto themselves—and which networks (and oligarchs) have taken advantage.
Read 4 tweets
18 Nov
🇬🇧UK folks: AMERICAN KLEPTOCRACY is out TODAY! Read all about how:

—The US challenged the UK for the offshoring crown
—Oligarchs have begun targeting the American heartland
—Kleptocracy has begun upending both American politics and the US-UK alliance

scribepublications.co.uk/books-authors/… Image
Total estimated private wealth now hidden in financial secrecy jurisdictions? $24-32 trillion.

If the offshoring world was a country, it would rival the US or China in terms of scope. An invisible superpower. Image
💸Huge thanks to @CFCS_RUSI, @OliviaJKearney, @keatingetom, the entire @RUSI_org team, and the great Elise Bean for hosting a talk today on my new book on modern kleptocracy—available here if you missed it: rusi.org/events/open-to…
Read 4 tweets
4 Nov
NEW: Democrats are poised to save an agency that's on life support, and that is key to unwinding the offshore world: the IRS.

newrepublic.com/article/164269…
Look at any data point, and the story is the same. Collapsing audits. Collapsing investigations. Collapsing resources. Hell, the IRS now has fewer auditors than any time since *World War II*.

The IRS is a shell of its former self. All while the offshoring world has exploded.
But the IRS didn't wilt on its own.

It was slowly gutted by congressional Republicans over the past quarter-century—even while the U.S. blossomed into a gargantuan offshore haven of its own.

newrepublic.com/article/164269…
Read 8 tweets

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