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KEYNES

THE RISE, FALL, AND RETURN OF THE TWENTIETH CENTURY’S MOST INFLUENTIAL ECONOMIST

A useful, timely primer.

“Much as I admire the Americans, when laissez-faire takes the form of agreeing to do whatever the Americans do, I am a little terrified.” Thus John Maynard Keynes, savior of capitalism.

It’s no small irony that it has taken a second depression to bring Keynesian ideas of government-induced economic stimulus back into fashion, since the first depression was supposed to have provided sufficient reasons for keeping an eye on the economy to ensure that such intervention was not needed again. Cambridge historian Clarke (The Last Thousand Days of the British Empire: Churchill, Roosevelt, and the Birth of the Pax Americana, 2008, etc.) paints a careful portrait of the prophet whose voice was once heard only in the wilderness of social democracy. Ironically, Keynes was only passingly sympathetic to socialism, and his advice to Franklin Roosevelt, who called on the British economist to help think through New Deal–era economic policy, was that the president conduct a “reasoned experiment within the framework of the existing social system” so that capitalism might be kept alive. Clarke writes a touch tunelessly at odd moments (“Keynes served as a temporary wartime civil servant and took to the administrative life like a duck to water”), but his brief but detailed biography makes for, well, stimulating reading in a time when Keynes’s notions of stimulus have proved once again to be an economic lifesaver. The author also notes that Keynes did not view government-injected stimulus funds as ideal policy, but that such actions were better in crisis than sitting around and waiting for the free market to straighten itself out, as capitalist orthodoxy holds that it will do. There are lessons aplenty to be drawn from Clarke’s recitation of the facts of Keynes’s life and thought—not least the lunacy of cutting government spending in tough times.

A useful, timely primer.

Pub Date: Oct. 27, 2009

ISBN: 978-1-60819-023-2

Page Count: 224

Publisher: Bloomsbury

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Sept. 1, 2009

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THE PURSUIT OF HAPPYNESS

FROM MEAN STREETS TO WALL STREET

Well-told and admonitory.

Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.

Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.

Well-told and admonitory.

Pub Date: June 1, 2006

ISBN: 0-06-074486-3

Page Count: 320

Publisher: Amistad/HarperCollins

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: March 15, 2006

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INTO THE WILD

A wonderful page-turner written with humility, immediacy, and great style. Nothing came cheap and easy to McCandless, nor...

The excruciating story of a young man on a quest for knowledge and experience, a search that eventually cooked his goose, told with the flair of a seasoned investigative reporter by Outside magazine contributing editor Krakauer (Eiger Dreams, 1990). 

Chris McCandless loved the road, the unadorned life, the Tolstoyan call to asceticism. After graduating college, he took off on another of his long destinationless journeys, this time cutting all contact with his family and changing his name to Alex Supertramp. He was a gent of strong opinions, and he shared them with those he met: "You must lose your inclination for monotonous security and adopt a helter-skelter style of life''; "be nomadic.'' Ultimately, in 1992, his terms got him into mortal trouble when he ran up against something—the Alaskan wild—that didn't give a hoot about Supertramp's worldview; his decomposed corpse was found 16 weeks after he entered the bush. Many people felt McCandless was just a hubris-laden jerk with a death wish (he had discarded his map before going into the wild and brought no food but a bag of rice). Krakauer thought not. Admitting an interest that bordered on obsession, he dug deep into McCandless's life. He found a willful, reckless, moody boyhood; an ugly little secret that sundered the relationship between father and son; a moral absolutism that agitated the young man's soul and drove him to extremes; but he was no more a nutcase than other pilgrims. Writing in supple, electric prose, Krakauer tries to make sense of McCandless (while scrupulously avoiding off-the-rack psychoanalysis): his risky behavior and the rites associated with it, his asceticism, his love of wide open spaces, the flights of his soul.

A wonderful page-turner written with humility, immediacy, and great style. Nothing came cheap and easy to McCandless, nor will it to readers of Krakauer's narrative. (4 maps) (First printing of 35,000; author tour)

Pub Date: Jan. 1, 1996

ISBN: 0-679-42850-X

Page Count: 320

Publisher: Villard

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Oct. 15, 1995

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