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A RABBLE OF DEAD MONEY

THE GREAT CRASH AND THE GLOBAL DEPRESSION: 1929–1939

Both neophytes and experts will find something provocative and rewarding in this unfailingly interesting treatment.

Morris (Comeback: America’s New Economic Boom, 2013, etc.) revisits history’s greatest economic meltdown.

The phenomenon of the Great Depression is too vast and complex for a single book to capture entirely. Where to begin? How about with Morris, if only because he does such an efficient job laying the groundwork for an understanding of the economic disaster. Clearly familiar with the library of “Depression studies,” the author, a lawyer and former banker, makes good use of the historians and economists who’ve gone before. He begins by tracing the roots of the Depression to World War I, the devastation that accounted for the desperate efforts of the United States, Britain, France, and Germany to fashion a new, acceptable order in the wake of massive loss. Focusing on the U.S. but keeping an eye on the European scene, Morris writes smoothly and moves at a breakneck pace, packing the narrative with quick profiles of auto titans, utilities giants, and international businessmen and entrepreneurs and drilling down on the economic maneuverings by political figures like Herbert Hoover, Franklin Roosevelt, and Winston Churchill. To bolster his economic arguments, Morris enlists the likes of Galbraith, Keynes, Eichengreen, and others. He’s especially good assessing the transformative effects of the new automobile and AC electric industries on American life, examining the poison pill that was the Treaty of Versailles, highlighting the attacks on the New Deal, and mapping the changes wrought by mass communications and the development of “America’s unique consumer-oriented economy.” Readers will prize the author’s discussion of Britain’s resumption of the gold standard, his stout defense of William Jennings Bryan, and his dismissal of the “banking crisis” as little more than a minor contributor to the Depression. Also likely to raise some eyebrows: the author’s insistence that the Depression was well over before World War II began and that, notwithstanding the New Deal’s ups and downs, Roosevelt himself helped make recovery possible.

Both neophytes and experts will find something provocative and rewarding in this unfailingly interesting treatment.

Pub Date: March 7, 2017

ISBN: 978-1-61039-534-2

Page Count: 416

Publisher: PublicAffairs

Review Posted Online: Dec. 18, 2016

Kirkus Reviews Issue: Jan. 1, 2017

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KILLERS OF THE FLOWER MOON

THE OSAGE MURDERS AND THE BIRTH OF THE FBI

Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.

Awards & Accolades

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Greed, depravity, and serial murder in 1920s Oklahoma.

During that time, enrolled members of the Osage Indian nation were among the wealthiest people per capita in the world. The rich oil fields beneath their reservation brought millions of dollars into the tribe annually, distributed to tribal members holding "headrights" that could not be bought or sold but only inherited. This vast wealth attracted the attention of unscrupulous whites who found ways to divert it to themselves by marrying Osage women or by having Osage declared legally incompetent so the whites could fleece them through the administration of their estates. For some, however, these deceptive tactics were not enough, and a plague of violent death—by shooting, poison, orchestrated automobile accident, and bombing—began to decimate the Osage in what they came to call the "Reign of Terror." Corrupt and incompetent law enforcement and judicial systems ensured that the perpetrators were never found or punished until the young J. Edgar Hoover saw cracking these cases as a means of burnishing the reputation of the newly professionalized FBI. Bestselling New Yorkerstaff writer Grann (The Devil and Sherlock Holmes: Tales of Murder, Madness, and Obsession, 2010, etc.) follows Special Agent Tom White and his assistants as they track the killers of one extended Osage family through a closed local culture of greed, bigotry, and lies in pursuit of protection for the survivors and justice for the dead. But he doesn't stop there; relying almost entirely on primary and unpublished sources, the author goes on to expose a web of conspiracy and corruption that extended far wider than even the FBI ever suspected. This page-turner surges forward with the pacing of a true-crime thriller, elevated by Grann's crisp and evocative prose and enhanced by dozens of period photographs.

Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.

Pub Date: April 18, 2017

ISBN: 978-0-385-53424-6

Page Count: 352

Publisher: Doubleday

Review Posted Online: Feb. 1, 2017

Kirkus Reviews Issue: Feb. 15, 2017

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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