Transaction Man: The Rise of the Deal and the Decline of the American Dream

This program includes a prologue and epilogue read by the author.

Over the last generation, the United States has undergone seismic changes. Stable institutions have given way to frictionless transactions, which are celebrated no matter what collateral damage they generate. The concentration of great wealth has coincided with the fraying of social ties and the rise of inequality. How did all this come about?

In Transaction Man, Nicholas Lemann explains the United States'-and the world's-great...