A smart, lively account of a revealing episode in economic history.



Hammes’ (Economics/Univ. of Hawaii-Hilo; Shaping Our Nation, 1988) nonfiction title sheds light on the great inventor’s eccentric, intriguing foray into economic theory.

With the nation suffering from a sharp depression in the early 1920s after the inflationary boom of World War I, Thomas Edison figured he could solve the economic malaise with a plan to back the value of money with farming commodities as an alternative to the gold standard. Under his scheme, farmers would deposit their harvest in government warehouses and receive half of its 25-year average price as a loan in dollars printed by the Federal Reserve, an amount that would be repaid over the course of a year as the crops were sold off. Edison hoped to provide farmers a more stable income and the country a more stable currency founded on real value; his proposal drew much acclaim from the public and press—and scorn from economists. (One professor suggested that Edison was senile.) Economist Hammes gives a detailed, highly readable exposition of Edison’s complex scheme and its surprising resemblance to modern-day policy innovations. The Federal Reserve, he notes, now seems to be running a similar program—only instead of giving farmers money in exchange for their wheat, it gives bankers money in exchange for their toxic mortgage-backed securities. He sets Edison’s ideas against a lucid explanation of money, inflation and the gold standard, as well as a nuanced analysis of America’s 19th-century monetary controversies. At the time, currency was a stormy political issue pitting debtors, farmers and exporters against bankers and creditors. In Hammes’ vivid portrait, Edison embodies these contradictions: He’s a captain of industry who had a profound suspicion of both the Wall Street financiers who backed him and the boom-and-bust cycles that almost bankrupted him. He also emerges as a great American amateur: half-genius, half-crank, convinced that a little common-sense tinkering could improve the economy where the experts had failed. Hammes illuminates the crucial role money plays not just in the economy, but also in the national character.

A smart, lively account of a revealing episode in economic history.

Pub Date: March 12, 2012

ISBN: 978-0985066703

Page Count: 166

Publisher: Richard Mahler

Review Posted Online: June 7, 2012

Kirkus Reviews Issue: July 15, 2012

Did you like this book?

No Comments Yet

A YA novel that treats its subject and its readers with respect while delivering an engaging story.



In the ninth book in the Bluford young-adult series, a young Latino man walks away from violence—but at great personal cost.

In a large Southern California city, 16-year-old Martin Luna hangs out on the fringes of gang life. He’s disaffected, fatherless and increasingly drawn into the orbit of the older, rougher Frankie. When a stray bullet kills Martin’s adored 8-year-old brother, Huero, Martin seems to be heading into a life of crime. But Martin’s mother, determined not to lose another son, moves him to another neighborhood—the fictional town of Bluford, where he attends the racially diverse Bluford High. At his new school, the still-grieving Martin quickly makes enemies and gets into trouble. But he also makes friends with a kind English teacher and catches the eye of Vicky, a smart, pretty and outgoing Bluford student. Martin’s first-person narration supplies much of the book’s power. His dialogue is plain, but realistic and believable, and the authors wisely avoid the temptation to lard his speech with dated and potentially embarrassing slang. The author draws a vivid and affecting picture of Martin’s pain and confusion, bringing a tight-lipped teenager to life. In fact, Martin’s character is so well drawn that when he realizes the truth about his friend Frankie, readers won’t feel as if they are watching an after-school special, but as though they are observing the natural progression of Martin’s personal growth. This short novel appears to be aimed at urban teens who don’t often see their neighborhoods portrayed in young-adult fiction, but its sophisticated characters and affecting story will likely have much wider appeal.

A YA novel that treats its subject and its readers with respect while delivering an engaging story.

Pub Date: Jan. 1, 2004

ISBN: 978-1591940173

Page Count: 152

Publisher: Townsend Press

Review Posted Online: Jan. 26, 2013

Did you like this book?

A short, simple, and sweet tale about two friends and a horse.

Mary's Song

From the Dream Horse Adventure Series series , Vol. 1

A novel tells the story of two spirited girls who set out to save a lame foal in 1952.

Mary, age 12, lacks muscle control of her legs and must use a wheelchair. Her life is constantly interrupted by trips with her widower father to assorted doctors, all of whom have failed to help her. Mary tolerates the treatments, hoping to one day walk unassisted, but her true passion involves horses. Possessing a library filled with horse books, she loves watching and drawing the animals at a neighboring farm. She longs to own one herself. But her father, overprotective due to her disability and his own lingering grief over Mary’s dead mother, makes her keep her distance. Mary befriends Laura, the emotionally neglected daughter of the wealthy neighboring farm owners, and the two share secret buggy rides. Both girls are attracted to Illusion, a beautiful red bay filly on the farm. Mary learns that Illusion is to be put down by a veterinarian because of a lame leg. Horrified, she decides to talk to the barn manager about the horse (“Isn’t it okay for her to live even if she’s not perfect? I think she deserves a chance”). Soon, Mary and Laura attempt to raise money to save Illusion. At the same time, Mary begins to gain control of her legs thanks to water therapy and secret therapeutic riding with Laura. There is indeed a great deal of poignancy in a story of a girl with a disability fighting to defend the intrinsic value of a lame animal. But this book, the first installment of the Dream Horse Adventure Series, would be twice as touching if Mary interacted with Illusion more. In the tale’s opening, she watches the foal from afar, but she actually spends very little time with the filly she tries so hard to protect. This turns out to be a strange development given the degree to which the narrative relies on her devotion. Count (Selah’s Sweet Dream, 2015) draws Mary and Laura in broad but believable strokes, defined mainly by their unrelenting pluckiness in the face of adversity. While the work tackles disability, death, and grief, Mary’s and Laura’s environments are so idyllic and their optimism and perseverance so remarkable that the story retains an aura of uncomplicated gentleness throughout.

A short, simple, and sweet tale about two friends and a horse.

Pub Date: N/A


Page Count: -

Publisher: Hastings Creations Group

Review Posted Online: Oct. 15, 2016

Did you like this book?