Not for the faint of heart or the innumerate. For policy and financial wonks, a bracing read.
The European economy seems to be sliding from bad to worse, and with it the planet’s markets. Soros (The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means, 2008, etc.), maven of the tickertape, ventures persuasive reasons why.
First, the buried lede, which comes late in the book: The European economy is pegged to the euro, and “the euro is a patently flawed construct.” It is flawed, writes the author, because its architects had not yet formed the perfect—or even an imperfect—financial union sufficient to back the unified currency, expecting its flaws to be corrected, “if and when they became acute, by the same process that brought the European Union into existence.” That process was a frankensteining of different national agendas, a process that, in large part, was engineered by Germany so that Europe would sign off on its reunification. Gathering articles written for the Financial Times and New York Review of Books, among other journals, Soros indulges in some interesting speculative exercises: What would happen, for instance, if Germany withdrew from the euro and went back to the mark? The answer might be an instant enrichment of Germans and immiseration of everyone else—so why haven’t the Germans done so? Soros’ explorations of the European (and, to a somewhat lesser extent, American) market ought to send readers running for their economics dictionaries, since some terms are not quite completely defined or spelled out: Why is government involvement in mortgage insurance a good thing? What is the Danish model? What is the difference between fiscal policy and monetary policy? Soros is someone who has made his billions knowing those things and anticipating the reaction of markets to ordinary realities, pleasant and otherwise—so it’s well worth paying attention to his views on the world’s financial systems.
Not for the faint of heart or the innumerate. For policy and financial wonks, a bracing read.Pub Date: Jan. 24, 2012
ISBN: 978-1-61039-152-8
Page Count: 172
Publisher: PublicAffairs
Review Posted Online: Jan. 31, 2012
Kirkus Reviews Issue: Feb. 15, 2012
BOOK REVIEW
BOOK REVIEW
BOOK REVIEW
For Howard Zinn, long-time civil rights and anti-war activist, history and ideology have a lot in common. Since he thinks that everything is in someone's interest, the historian—Zinn posits—has to figure out whose interests he or she is defining/defending/reconstructing (hence one of his previous books, The Politics of History). Zinn has no doubts about where he stands in this "people's history": "it is a history disrespectful of governments and respectful of people's movements of resistance." So what we get here, instead of the usual survey of wars, presidents, and institutions, is a survey of the usual rebellions, strikes, and protest movements. Zinn starts out by depicting the arrival of Columbus in North America from the standpoint of the Indians (which amounts to their standpoint as constructed from the observations of the Europeans); and, after easily establishing the cultural disharmony that ensued, he goes on to the importation of slaves into the colonies. Add the laborers and indentured servants that followed, plus women and later immigrants, and you have Zinn's amorphous constituency. To hear Zinn tell it, all anyone did in America at any time was to oppress or be oppressed; and so he obscures as much as his hated mainstream historical foes do—only in Zinn's case there is that absurd presumption that virtually everything that came to pass was the work of ruling-class planning: this amounts to one great indictment for conspiracy. Despite surface similarities, this is not a social history, since we get no sense of the fabric of life. Instead of negating the one-sided histories he detests, Zinn has merely reversed the image; the distortion remains.
Pub Date: Jan. 1, 1979
ISBN: 0061965588
Page Count: 772
Publisher: Harper & Row
Review Posted Online: May 26, 2012
Kirkus Reviews Issue: Jan. 1, 1979
BOOK REVIEW
BOOK REVIEW
BOOK REVIEW
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...
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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