What We’re Reading: Fur, Fortune and Empire

The Gist: 100 years before Brooke Astor was born, and 200 years before her children looted her bank accounts, John Jacob Astor was still nouveau riche. As the furry emblems on the walls of the Astor Place subway stop attest, he made his fortune on the backs of beavers. And though the scale of his Read More

Long Before the Hilton Era, When Astors Roamed the Earth

“Like New York itself, the Waldorf-Astoria crystallized the improbable and fabulous,” wrote historian Lloyd Morris. “It was more than a mere hotel. It was a vast, glittering, iridescent fantasy that had been conjured up to infect millions of plain Americans with a new idea—the aspiration to lead an expensive gregarious life as publicly as possible.” Read More

Long Before the Hilton Era, When Astors Roamed the Earth

“Like New York itself, the Waldorf-Astoria crystallized the improbable and fabulous,” wrote historian Lloyd Morris. “It was more than a mere hotel. It was a vast, glittering, iridescent fantasy that had been conjured up to infect millions of plain Americans with a new idea—the aspiration to lead an expensive gregarious life as publicly as possible.” Read More

How the Great Fortunes Grow: The State Lends a Helping Hand

Wealth and Democracy: A Political History of the American Rich , by Kevin Phillips. Broadway Books, 432 pages, $29.95.

Having sourly observed the continuing elongation of the private limousinesthat cruise Manhattan streets, a friend of mine devised a worthy response. “They ought to be taxed by the foot,” he said. The longer the limo, Read More