Next book

THE SECRET HISTORY OF THE SOUTH SEA BUBBLE

THE WORLD’S FIRST GREAT FINANCIAL SCANDAL

Sound familiar?

British television executive Balen (Kenneth Clarke, not reviewed) displays both understanding and incredulity in his account of the infamous 18th-century trading scandal.

It was a remarkable story of fraud and political fixing, but it might have been worse, Balen writes; it could have spelled the doom of an entire economic system. The stupendous share-trading shenanigans he deliciously dissects could easily have besmirched and destroyed a mighty swath of English nobility: lords, ministers, MPs, and even King George IV sold their influence for a slice of the tainted pie. Balen makes the dirty doings fairly easily to digest, but readers will have to pay close attention to understand the queer world of share-trading and the sheer transparency of the fraud. The South Sea Company’s ships, he notes, “had not sailed anywhere near the South Seas” in 1720, and many saw through the scheme quickly enough to get out with their money. But the company had the king's imprimatur, the ear of people who could make things happen, and the political clout to close down other speculative operations that were siphoning off funds that might have been invested in South Sea. Ultimately, investors wanted to cash out, but of cash there was little, even though the paper debts they owed were still in effect. The roller-coaster ride ended when the whole foundationless edifice crashed, but the financial conflagration was contained, and the blue-blooded perps stood ready for another day of business. Canny Robert Walpole guided the post-crash inquiry in such a fashion as to screen important players, protect the established order, and secure a seat of power for himself.

Sound familiar?

Pub Date: May 12, 2003

ISBN: 0-00-716177-8

Page Count: 272

Publisher: N/A

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: April 1, 2003

Next book

#GIRLBOSS

Career and business advice for the hashtag generation. For all its self-absorption, this book doesn’t offer much reflection...

A Dumpster diver–turned-CEO details her rise to success and her business philosophy.

In this memoir/business book, Amoruso, CEO of the Internet clothing store Nasty Gal, offers advice to young women entrepreneurs who seek an alternative path to fame and fortune. Beginning with a lengthy discussion of her suburban childhood and rebellious teen years, the author describes her experiences living hand to mouth, hitchhiking, shoplifting and dropping out of school. Her life turned around when, bored at work one night, she decided to sell a few pieces of vintage clothing on eBay. Fast-forward seven years, and Amoruso was running a $100 million company with 350 employees. While her success is admirable, most of her advice is based on her own limited experiences and includes such hackneyed lines as, “When you accept yourself, it’s surprising how much other people will accept you, too.” At more than 200 pages, the book is overlong, and much of what the author discusses could be summarized in a few tweets. In fact, much of it probably has been: One of the most interesting sections in the book is her description of how she uses social media. Amoruso has a spiritual side, as well, and she describes her belief in “chaos magic” and “sigils,” a kind of wishful-thinking exercise involving abstract words. The book also includes sidebars featuring guest “girlbosses” (bloggers, Internet entrepreneurs) who share equally clichéd suggestions for business success. Some of the guidance Amoruso offers for interviews (don’t dress like you’re going to a nightclub), getting fired (don’t call anyone names) and finding your fashion style (be careful which trends you follow) will be helpful to her readers, including the sage advice, “You’re not special.”

Career and business advice for the hashtag generation. For all its self-absorption, this book doesn’t offer much reflection or insight.

Pub Date: May 6, 2014

ISBN: 978-0-399-16927-4

Page Count: 256

Publisher: Portfolio

Review Posted Online: June 22, 2014

Kirkus Reviews Issue: July 15, 2014

Next book

WHY WE SWIM

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

Close Quickview