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BAD NEWS

HOW AMERICA'S BUSINESS PRESS MISSED THE STORY OF THE CENTURY

A sort of All the President’s Men for our time, and just the thing to lure bright young people into economics graduate...

The story of the century—the 21st, that is—is the ongoing financial crisis that has threatened to bring the developed world to its knees. Why business writers didn’t see it coming is the big question this collection of essays seeks to answer.

The collapse that led to the Great Recession came, writes Schiffrin (School of International and Public Affairs/Columbia Univ.), at a perfect-storm time for journalism, when collapsing advertising revenues and “the ensuing layoffs and staff cuts . . . made journalists fear for their jobs and perhaps more afraid to stand out from the rest of the pack.” And that was for the journalists who still had jobs, since some 30,000 nationwide had been eliminated, along with entire newspapers and magazines. Despite the generalized sense of guilt and shame about the failure to warn readers about the catastrophe, there was largely nothing to be done about it, since the business media had also become “embedded” inside Wall Street in the same way that war correspondents are embedded inside combat units. In these positions, the journalists were loath to report the unpleasant truths—if they were capable of doing so at all, given that few business reporters have the requisite understanding of economics to give a big-picture view of events by taking inches-thick reports home and reading between the lines to discern such startling revelations as, according to Washington Post writer Dan Froomkin, “the middle class may never be the same again” and “the hugely irresponsible financial sector remains unchastened.” Some contributors note external reasons for the failure of the business press, not least the obfuscations and outright lies of Wall Street. In all events, as New York Times writer Peter Goodman writes, it was hard to do deep interpretation and forecasting when “we had our hands full simply trying to make sense of the crush of events unfolding day after day.” Other contributors include Joseph Stiglitz and Barry Sussman.

A sort of All the President’s Men for our time, and just the thing to lure bright young people into economics graduate programs and journalism school—if only there were jobs waiting on the other end.

Pub Date: Feb. 1, 2011

ISBN: 978-1-59558-549-3

Page Count: 240

Publisher: The New Press

Review Posted Online: Oct. 20, 2010

Kirkus Reviews Issue: Nov. 15, 2010

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BETWEEN THE WORLD AND ME

NOTES ON THE FIRST 150 YEARS IN AMERICA

This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”

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The powerful story of a father’s past and a son’s future.

Atlantic senior writer Coates (The Beautiful Struggle: A Father, Two Sons, and an Unlikely Road to Manhood, 2008) offers this eloquent memoir as a letter to his teenage son, bearing witness to his own experiences and conveying passionate hopes for his son’s life. “I am wounded,” he writes. “I am marked by old codes, which shielded me in one world and then chained me in the next.” Coates grew up in the tough neighborhood of West Baltimore, beaten into obedience by his father. “I was a capable boy, intelligent and well-liked,” he remembers, “but powerfully afraid.” His life changed dramatically at Howard University, where his father taught and from which several siblings graduated. Howard, he writes, “had always been one of the most critical gathering posts for black people.” He calls it The Mecca, and its faculty and his fellow students expanded his horizons, helping him to understand “that the black world was its own thing, more than a photo-negative of the people who believe they are white.” Coates refers repeatedly to whites’ insistence on their exclusive racial identity; he realizes now “that nothing so essentialist as race” divides people, but rather “the actual injury done by people intent on naming us, intent on believing that what they have named matters more than anything we could ever actually do.” After he married, the author’s world widened again in New York, and later in Paris, where he finally felt extricated from white America’s exploitative, consumerist dreams. He came to understand that “race” does not fully explain “the breach between the world and me,” yet race exerts a crucial force, and young blacks like his son are vulnerable and endangered by “majoritarian bandits.” Coates desperately wants his son to be able to live “apart from fear—even apart from me.”

This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”

Pub Date: July 8, 2015

ISBN: 978-0-8129-9354-7

Page Count: 176

Publisher: Spiegel & Grau

Review Posted Online: May 5, 2015

Kirkus Reviews Issue: July 1, 2015

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WHEN BREATH BECOMES AIR

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...

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A neurosurgeon with a passion for literature tragically finds his perfect subject after his diagnosis of terminal lung cancer.

Writing isn’t brain surgery, but it’s rare when someone adept at the latter is also so accomplished at the former. Searching for meaning and purpose in his life, Kalanithi pursued a doctorate in literature and had felt certain that he wouldn’t enter the field of medicine, in which his father and other members of his family excelled. “But I couldn’t let go of the question,” he writes, after realizing that his goals “didn’t quite fit in an English department.” “Where did biology, morality, literature and philosophy intersect?” So he decided to set aside his doctoral dissertation and belatedly prepare for medical school, which “would allow me a chance to find answers that are not in books, to find a different sort of sublime, to forge relationships with the suffering, and to keep following the question of what makes human life meaningful, even in the face of death and decay.” The author’s empathy undoubtedly made him an exceptional doctor, and the precision of his prose—as well as the moral purpose underscoring it—suggests that he could have written a good book on any subject he chose. Part of what makes this book so essential is the fact that it was written under a death sentence following the diagnosis that upended his life, just as he was preparing to end his residency and attract offers at the top of his profession. Kalanithi learned he might have 10 years to live or perhaps five. Should he return to neurosurgery (he could and did), or should he write (he also did)? Should he and his wife have a baby? They did, eight months before he died, which was less than two years after the original diagnosis. “The fact of death is unsettling,” he understates. “Yet there is no other way to live.”

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular clarity.

Pub Date: Jan. 19, 2016

ISBN: 978-0-8129-8840-6

Page Count: 248

Publisher: Random House

Review Posted Online: Sept. 29, 2015

Kirkus Reviews Issue: Oct. 15, 2015

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