The scope of the subject matter is impressive, and the execution is outstanding.
Sky News economics editor Conway (50 Economics Ideas You Really Need to Know, 2009) covers the inside story of what really happened during the 22 days of the conference at Bretton Woods, New Hampshire, in July 1944.
The author provides a compelling portrait of the event, which took place on the international stage of big-power geopolitics and was driven by long-range changes in monetary relations. It was at Bretton Woods that the dollar became the world's senior reserve currency, replacing the debt-ridden British pound and the collapsed gold reserve system discredited during the Great Depression. Conway also chronicles the rise of the United States as the world's leading creditor from before World War I, and he outlines how that trajectory affected the proceedings, counterpointing the disastrous attempts of debtors like the British and French to revive the prewar gold standard. The author also extends the narrative to the present by way of President Richard Nixon's 1971 decision to take the dollar off the gold standard. Conway takes issue with earlier, narrowly focused economic treatments and the view that international monetary economics is “esoteric and irrelevant.” The author draws on previously untapped material from participants, (e.g., George Bolton of the Bank of England), including personal recollections, accounts and diaries, and archives from Russia. Conway documents the rich relationship between John Maynard Keynes and Harry Dexter White. Competition between the two was long-standing—White was determined to secure hegemony for the dollar after the war, while Keynes attempted to protect the U.K.'s finances from the effects of its indebtedness to colonies like India and South Africa—and Conway presents the relationship intriguingly throughout. Additionally, he portrays how Keynes' incredible arrogance and rudeness undermined his effectiveness with American policymakers.
The scope of the subject matter is impressive, and the execution is outstanding.Pub Date: Feb. 11, 2015
ISBN: 978-1605986814
Page Count: 480
Publisher: Pegasus
Review Posted Online: Nov. 4, 2014
Kirkus Reviews Issue: Nov. 15, 2014
HISTORY | BUSINESS | MODERN | WORLD | ECONOMICS | GENERAL BUSINESS | GENERAL HISTORY
BOOK REVIEW
Buffs of the Old West will enjoy Clavin’s careful research and vivid writing.
Rootin’-tootin’ history of the dry-gulchers, horn-swogglers, and outright killers who populated the Wild West’s wildest city in the late 19th century.
The stories of Wyatt Earp and company, the shootout at the O.K. Corral, and Geronimo and the Apache Wars are all well known. Clavin, who has written books on Dodge City and Wild Bill Hickok, delivers a solid narrative that usefully links significant events—making allies of white enemies, for instance, in facing down the Apache threat, rustling from Mexico, and other ethnically charged circumstances. The author is a touch revisionist, in the modern fashion, in noting that the Earps and Clantons weren’t as bloodthirsty as popular culture has made them out to be. For example, Wyatt and Bat Masterson “took the ‘peace’ in peace officer literally and knew that the way to tame the notorious town was not to outkill the bad guys but to intimidate them, sometimes with the help of a gun barrel to the skull.” Indeed, while some of the Clantons and some of the Earps died violently, most—Wyatt, Bat, Doc Holliday—died of cancer and other ailments, if only a few of old age. Clavin complicates the story by reminding readers that the Earps weren’t really the law in Tombstone and sometimes fell on the other side of the line and that the ordinary citizens of Tombstone and other famed Western venues valued order and peace and weren’t particularly keen on gunfighters and their mischief. Still, updating the old notion that the Earp myth is the American Iliad, the author is at his best when he delineates those fraught spasms of violence. “It is never a good sign for law-abiding citizens,” he writes at one high point, “to see Johnny Ringo rush into town, both him and his horse all in a lather.” Indeed not, even if Ringo wound up killing himself and law-abiding Tombstone faded into obscurity when the silver played out.
Buffs of the Old West will enjoy Clavin’s careful research and vivid writing.Pub Date: April 21, 2020
ISBN: 978-1-250-21458-4
Page Count: 400
Publisher: St. Martin's
Review Posted Online: Jan. 19, 2020
Kirkus Reviews Issue: Feb. 15, 2020
An absorbing, wide-ranging story of humans’ relationship with the water.
A study of swimming as sport, survival method, basis for community, and route to physical and mental well-being.
For Bay Area writer Tsui (American Chinatown: A People's History of Five Neighborhoods, 2009), swimming is in her blood. As she recounts, her parents met in a Hong Kong swimming pool, and she often visited the beach as a child and competed on a swim team in high school. Midway through the engaging narrative, the author explains how she rejoined the team at age 40, just as her 6-year-old was signing up for the first time. Chronicling her interviews with scientists and swimmers alike, Tsui notes the many health benefits of swimming, some of which are mental. Swimmers often achieve the “flow” state and get their best ideas while in the water. Her travels took her from the California coast, where she dove for abalone and swam from Alcatraz back to San Francisco, to Tokyo, where she heard about the “samurai swimming” martial arts tradition. In Iceland, she met Guðlaugur Friðþórsson, a local celebrity who, in 1984, survived six hours in a winter sea after his fishing vessel capsized, earning him the nickname “the human seal.” Although humans are generally adapted to life on land, the author discovered that some have extra advantages in the water. The Bajau people of Indonesia, for instance, can do 10-minute free dives while hunting because their spleens are 50% larger than average. For most, though, it’s simply a matter of practice. Tsui discussed swimming with Dara Torres, who became the oldest Olympic swimmer at age 41, and swam with Kim Chambers, one of the few people to complete the daunting Oceans Seven marathon swim challenge. Drawing on personal experience, history, biology, and social science, the author conveys the appeal of “an unflinching giving-over to an element” and makes a convincing case for broader access to swimming education (372,000 people still drown annually).
An absorbing, wide-ranging story of humans’ relationship with the water.Pub Date: April 14, 2020
ISBN: 978-1-61620-786-1
Page Count: 288
Publisher: Algonquin
Review Posted Online: Jan. 4, 2020
Kirkus Reviews Issue: Feb. 1, 2020
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