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Showing posts from April, 2026

H.R. by Edwin Lefevre

I wouldn't recommend this odd book for its story. But H.R. is interesting for its social and psychological commentary on early 20th century New York society, as the Gilded Age gave way to the so-called Progressive Era. Edwin Lefevre is the author of Reminiscences of a Stock Operator , the famous (at least among investors) pseudobiography of Jesse Livermore. This book, in stark contrast, is a forgotten and comparatively forgettable work.  But not totally forgettable. The reader watches the life arc of a young man who catapults himself across several caste barriers, starting as a frustrated New York City bank clerk who quits and, implausibly, starts a union of sandwich-board advertisers. He then uses this sandwich board advertising platform (you could think of it as an early 1900s "new media" platform) to gain influence throughout the city, ultimately parlaying his way into joining New York's social and economic elite. At its heart, this book is about power and influ...