Fiscal and monetary policy wonks will admire Garten’s skillful narrative and thorough research.
A densely detailed and highly charged account of the Nixon administration’s abandonment of the gold standard.
Scratch a certain kind of old-school conservative, and you’ll hit a nerve that’s still raw over the restructuring of U.S. currency to tie it to the open market and not to the fixed exchange rate linked to a government stockpile of gold. Even Nixon himself wasn’t sold on the idea, though some of his economic advisers successfully argued that the fixed rate led to trade protectionism and discouraged international partners from developing the economic robustness that would allow them to shoulder their fair share of the burden of, say, maintaining NATO. By 1971, writes Garten, dean emeritus of the Yale School of Management, “the dollar–gold problem seemed too big and too complex, and no one was sure how to fix it without causing major global upheavals.” Hence the weekendlong secret meeting at Camp David that brought together economic strategists of varying ideological stripes. One was Arthur Burns, head of the Federal Reserve, once a strong Nixon ally who became dismayed by the president’s politicization of the economy. Though Nixon resisted Keynesian wage and price controls that some of those advisers would propound, he eventually realized “that only mandatory regulations would suffice.” While sometimes succumbing to the thick prose of the dismal science, Garten delivers incisive portraits of key players such as John Connally, secretary of the treasury; George Schultz, who “foreshadowed more than anyone else the Thatcher-Reagan revolution of extensive deregulation that was less than a decade away”; and Pete Peterson, who “captured Nixon’s attention by focusing on the decline of U.S. competitiveness and the measures necessary to reverse the nation’s deteriorating position.” In the end, although it meant that the U.S. acknowledged that it was not the sole arbiter of the world economy and surrendered some political power as well, the Camp David meeting and restructuring of the economy was “an impressive achievement.”
Fiscal and monetary policy wonks will admire Garten’s skillful narrative and thorough research.Pub Date: July 6, 2021
ISBN: 978-0-06-288767-2
Page Count: 448
Publisher: Harper/HarperCollins
Review Posted Online: May 3, 2021
Kirkus Reviews Issue: May 15, 2021
A master class in how gender has been weaponized in support of conservative values and authoritarian regimes.
A deeply informed critique of the malicious initiatives currently using gender as a political tool to arouse fear and strengthen political and religious institutions.
In their latest book, following The Force of Nonviolence, Butler, the noted philosopher and gender studies scholar, documents and debunks the anti-gender ideology of the right, the core principle of which is that male and female are natural categories whose recognition is essential for the survival of the family, nations, and patriarchal order. Its proponents reject “sex” as a malleable category infused with prior political and cultural understandings. By turning gender into a “phantasmatic scene,” they enable those in positions of authority to deflect attention from such world-destroying forces as war, predatory capitalism, and climate change. Butler explores the ideology’s presence in the U.S., the U.K., Uganda, and Hungary, countries where legislation has limited the rights of trans and homosexual people and denied them their sexual identity. The author also delves into the ideology’s roots among Evangelicals and the Catholic Church and such political leaders as Donald Trump and Viktor Orbán. Butler is particularly bothered by trans-exclusionary radical feminists (TERFs), who treat trans women as “male predators in disguise.” For the author, “the gap between the perceived or lived body and prevailing social norms can never be fully closed.” They imagine “a world where the many relations to being socially embodied that exist become more livable” and calls for alliances across differences and “a radical democracy informed by socialist values.” Butler compensates for the thinness of some of their recommendations with an astute dissection of the ideology’s core ideas and impressive grasp of its intellectual pretensions. This is a wonderfully thoughtful and impassioned book on a critically important centerpiece of contemporary authoritarianism and patriarchy.
A master class in how gender has been weaponized in support of conservative values and authoritarian regimes.Pub Date: March 19, 2024
ISBN: 9780374608224
Page Count: 320
Publisher: Farrar, Straus and Giroux
Review Posted Online: Dec. 5, 2023
Kirkus Reviews Issue: Jan. 1, 2024
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
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