Carl A. Gerstacker was born in 1916 in Cleveland, Ohio. At an early age his father, Rollin, instilled in him an interest in finance and the stock market. In 1930, when Carl turned fourteen, Rollin advised his son to withdraw his paper-route and odd-job money from a local bank and invest it all in The Dow Chemical Company. It was the beginning of a relationship that would last a lifetime. After high school, Carl landed an hourly position with Dow Chemical as a lab assistant and, at the same time, pursued an engineering degree at the University of Michigan as part of the company’s student training course. After graduating in 1938, Gerstacker continued to work for Dow Chemical until the outbreak of World War II when he joined the U.S. Army. Returning to civilian life in 1946, he was rehired by Dow and quickly moved up the corporate ladder, becoming Treasurer in 1949, Vice-President in 1955, and Chairman of the Board in 1960, a position he retained until 1976. He retired five years later in 1981. 
     Carl Gerstacker was a business leader who believed that every company had a special personality and that the Dow personality was largely shaped by its employees. “For Dow Chemical, people are the most important asset, not the patents, the plants, nor the products.” Gerstacker’s personal financial acumen was rivaled only by his own contributions to the sound corporate growth of Dow Chemical, a business he loved and to which he devoted his life. Gerstacker died in 1995, leaving a legacy that lives on in the form of numerous philanthropic endeavors he began during his lifetime and on whose boards he once served. Carl A. Gerstacker was one of the towering figures of twentieth-century American industry.

Introduced at the 1876 Centennial Exposition and powered by an historic advertising campaign, Hires Root Beer—launched 10 years before Coca-Cola—blazed the trail for development of the American soft drink industry. Its inventor, Charles Elmer Hires, has been described as “a tycoon with the soul of a chemist.” In addition to creating root beer, Hires, a devoted family man and a pillar of the Quaker community, became a leading importer of botanical commodities, an authority on the vanilla bean. Starting from scratch, he also built one of the world’s largest condensed milk companies.

Charles E. Hires and the Drink that Wowed a Nation chronicles the humble origin and meteoric business success of this extraordinary entrepreneur. Author Bill Double uses published interviews, correspondence, newspaper reports, magazine articles, financial data, and a small family archive to tell this story of native ingenuity. Here, the rough-hewn capitalism of the gilded age, the evolution of the neighborhood drugstore, the rise of advertising in creating mass markets, and the emerging temperance movement all come together in a biography that, well, fizzes with entrepreneurial spirit.

At the turn of the twentieth century, Cadbury Bros. Ltd. was a successful, Quaker-owned chocolate manufacturer in Birmingham, England, celebrated for its model village, modern factory, and concern for employees. In 1901 the firm learned that its cocoa beans, purchased from Portuguese plantations on the island of São Tomé off West Africa, were produced by slave labor.

Chocolate on Trial: Cadbury, Slavery and the Economics of Virtue in Imperial Britain gives a lively and highly readable account of the events surrounding the libel trial in which Cadbury Bros. Ltd. sued the London Standard, following the newspaper's accusation that the firm was hypocritical in its use of slave-grown cocoa. As compelling now as at the turn of the previous century, the issues probed by Lowell J. Satre give invaluable historical background to contemporary issues of business ethics, corporate social responsibility, and globalization. The story Satre tells illuminates what a stubbornly persistent institution slavery was and shows how Cadbury, a company with a well-regarded brand name and logo, endured ethical dilemmas and challenges to its record for social responsibility. Chocolate on Trial brings to life the age-old conflict between economic interests and the value of human life.

Satre illuminates the stubborn persistence of the institution of slavery and shows how Cadbury, a company with a well-regarded brand name from the nineteenth century, faced ethical dilemmas and challenges to its record for social responsibility. Chocolate on Trial brings to life the age-old conflict between economic interests and regard for the dignity of human life.

Columbus, Ohio: Two Centuries of Business and Environmental Change examines how a major midwestern city developed economically, spatially, and socially, and what the environmental consequences have been, from its founding in 1812 to near the present day. The book analyzes Columbus’s evolution from an isolated frontier village to a modern metropolis, one of the few thriving cities in the Midwest. No single factor explains the history of Columbus, but the implementation of certain water-use and land-use policies, and interactions among those policies, reveal much about the success of the city. 
 
Precisely because they lived in a midsize, midwestern city, Columbus residents could learn from the earlier experiences of their counterparts in older, larger coastal metropolises, and then go beyond them. Not having large sunk costs in pre-existing water systems, Columbus residents could, for instance, develop new, world-class, state-of-the-art methods for treating water and sewage, steps essential for urban expansion. Columbus, Ohio explores how city residents approached urban challenges—especially economic and environmental ones—and how they solved them.
 
Columbus, Ohio: Two Centuries of Business and Environmental Change concludes that scholars and policy makers need to pay much more attention to environmental issues in the shaping of cities, and that they need to look more closely at what midwestern metropolises accomplished, as opposed to simply examining coastal cities.
 

While traditional welfare efforts have waned, a new style of social policy implementation has emerged dramatically in recent decades. The new style is reflected in a panoply of Community Economic Development (ced) initiatives—efforts led by locally-based organizations to develop housing, jobs, and business opportunities in low-income neighborhoods.
In this book William H. Simon provides the first comprehensive examination of the evolution of Community Economic Development, complete with an analysis of its operating premises and strategies. He describes the profusion of new institutional forms that have arisen from the movement, amalgamations that cut across conventional distinctions—such as those between private and public—and that encompass the efforts of nonprofits, cooperatives, churches, business corporations, and public agencies. Combining local political mobilization with entrepreneurial initiative and electoral accountability with market competition, this phenomenon has catalyzed new forms of property rights designed to motivate investment and civic participation while curbing the dangers of speculation and middle-class flight.
With its examination of many localities and its appraisal of the strengths and weaknesses of the prevailing approach to Community Economic Development, this book will be a valuable resource for local housing, job, and business development officials; community activists; and students of law, business, and social policy.