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Description
'Lemann, a New Yorker staff writer and former dean of the Columbia Journalism School, has a skill for
making grand stories about American life feel human. He did it in two earlier books, The Promised Land, his
1991 account of the great black migration, and The Big Test, about the SAT and meritocracy, which was
published in 1999. Anyone who read those books when they appeared would have been better prepared for
some of the political and cultural debates that followed.' ―David Leonhardt, The New York Times Book
Review'Lemann . . . [reminds] us that Transaction Man and his economist allies were not always ascendant,
and that they wonâ€t necessarily remain so . . . [an] elegant history.' ―Sebastian Mallaby, The Atlantic
'Clearly, something has happened to make us sour on the American corporation . . . Exactly what went
wrong is well documented in Nicholas Lemannâ€s excellent new book, Transaction Man . . .
Lemannâ€s book is more than worth the price of admission for the perceptive history and excellent
writing. Itâ€s a splendid and beautifully written illustration of the tremendous importance public policy
has for the daily lives of ordinary people.' ―Ryan Cooper, Washington Monthly'[Lemann] is clearly wellversed
in the financial, economic, and political histories of his Institution and Transaction Men . . . [his]
writing . . . might be essential.' ―Bradley Babendir, NPR'Ingenious and colorful . . . There are dazzling
passages . . . Gems are dug from the past.' ―The Economist'Transaction Man anchors three periods of
American capitalism to mini-bios of New Deal brain-truster Adolf Berle, conservative economist Michael
Jensen, and LinkedIn tech guru Reid Hoffman . . . [performs] the impressive feat of elucidating complex and
significant developments in under 400 lively pages.' ―Robert Christgau, Bookforum'[An] excellent and
unusually framed economic history . . . This concise and cogent history of the theories that have transformed
the American economy makes a potentially dry subject fascinating.' ―Publishers Weekly (starred review)
'Through the stories of individuals, often from varied neighborhoods, businesses, and corporations, Lemann
makes these experiences come alive . . . [an] insightful business history.' ―Library Journal'A thorough,
impressive and hard look at the American economy and the people who most influenced its arrival in the
present moment.' ―Literary Hub“With his characteristic fluidity of thought and of expression,
Nicholas Lemann has written a powerful book about how America really works―and doesnâ€t. Part
history, part reportage, part argument, “Transaction Man― is original, compelling, and illuminating.―
―Jon Meacham, author of The Soul of America“This fascinating book is destined to become our
eraâ€s most important and insightful explanation of the deep forces disrupting our economy. Nicholas
Lemann uses compelling stories of real people combined with brilliant analysis to show how the rules that
shape our lives have changed. The author's narrative is riveting and convincing ― as is his call for a
renewed American pluralism. His new way of thinking about our past and present leads to a new way of
thinking about the future we want. If you want to read one book to understand America today, this is it.― ―
Walter Isaacson, author of Leonardo da Vinci and The Innovators'A brilliant, essential, and rollicking read.
Nicholas Lemann deftly guides the reader on a fascinating excursion through some of the last centuryâ€s
densest Big Idea terrain. Blending incisive commentary with deliciously salacious detail, Transaction Man
thrums with whiz-kid New Dealers and post-war management gurus, New Age Svengalis and Great
Recession financial prestidigitators, free-market mavens and Silicon Valley techno-titans–and the soaring
and all-too-frequently silly nostrums with which they have tried to jacket the blooming, buzzing confusion
of the modern world.' ―David M. Kennedy, Pulitzer Prize-winning author of Freedom from Fear'Every so
often there comes along a book that forces you to reconsider what you thought you knew. Nick
Lemannâ€s Transaction Man is one of these books. Focusing our attention on short-term visionaries and
disrupters, activist professors, rogue economists, and Silicon Valley lifers, Lemann revisits and revitalizes
the economic history of America since the New Deal.' ―David Nasaw, author of The Patriarch
“Brilliant and incisive, Transaction Man illuminates Americaâ€s economic history through colorful
stories of the thinkers whose ideas, often stubbornly held, benefited a succession of wealthy elites while
failing ordinary people who were diligently trying to earn a living. For anyone who thinks Wall Street has
too much power, this book explains how that power grew. Nicholas Lemann brings needed