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JOHN MAYNARD KEYNES

VOL. III, FIGHTING FOR FREEDOM, 1937-1946

It’s no easy task to write a readable history of the WWII years leaving out all battles and concentrating on how the bill...

Final volume in the definitive biography (following The Economist as Savior, 1920–1937, 1994, etc.) of the brilliant British economist.

Keynes (1883–1946) may or may not have been the greatest economist of the last century, but he was certainly the most influential. Moving easily in academic, literary, business, and political circles, he was merely an unpaid advisor to the Treasury (albeit with his own office) during the 1930s and ’40s, yet no British politician could ignore him. Rejecting Marxism and socialism, he also dismissed much of classical economics. Many of his ideas outraged traditional economists. He taught that efforts at a balanced budget made no sense. He advocated generous government spending during slumps but frugality in boom times. Skidelsky (Political Economy/Warwick Univ.) begins the present volume with Keynes at the peak of his influence in 1937. This was partly due to the power of his ideas but also because he advocated programs politicians were eager to follow for other reasons (it was, after all, the Depression). Almost immediately he was caught up in the preparations and financing of WWII. Keynes’s advice ensured that Britain’s enormous war budget did not produce the damaging inflation that occurred during WWI. In addition, he advocated a postwar monetary system that avoided the chaotic currency swings that stifled trade and aggravated economic cycles between the wars. Negotiating with the US, he was forced to compromise, but the successful Bretton Woods agreement contained many of his ideas. His greatest failure was America’s 1945 refusal of a massive grant to revive England’s crippled economy. Readers accustomed to the History Channel view of the two allies as blood brothers will be surprised to learn how aggressively US leaders strove to eliminate Britain’s empire and economic influence.

It’s no easy task to write a readable history of the WWII years leaving out all battles and concentrating on how the bill was paid, but Skidelsky succeeds superbly.

Pub Date: Dec. 3, 2001

ISBN: 0-670-03022-8

Page Count: 576

Publisher: Viking

Review Posted Online: June 24, 2010

Kirkus Reviews Issue: Oct. 1, 2001

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SLEEPERS

An extraordinary true tale of torment, retribution, and loyalty that's irresistibly readable in spite of its intrusively melodramatic prose. Starting out with calculated, movie-ready anecdotes about his boyhood gang, Carcaterra's memoir takes a hairpin turn into horror and then changes tack once more to relate grippingly what must be one of the most outrageous confidence schemes ever perpetrated. Growing up in New York's Hell's Kitchen in the 1960s, former New York Daily News reporter Carcaterra (A Safe Place, 1993) had three close friends with whom he played stickball, bedeviled nuns, and ran errands for the neighborhood Mob boss. All this is recalled through a dripping mist of nostalgia; the streetcorner banter is as stilted and coy as a late Bowery Boys film. But a third of the way in, the story suddenly takes off: In 1967 the four friends seriously injured a man when they more or less unintentionally rolled a hot-dog cart down the steps of a subway entrance. The boys, aged 11 to 14, were packed off to an upstate New York reformatory so brutal it makes Sing Sing sound like Sunnybrook Farm. The guards continually raped and beat them, at one point tossing all of them into solitary confinement, where rats gnawed at their wounds and the menu consisted of oatmeal soaked in urine. Two of Carcaterra's friends were dehumanized by their year upstate, eventually becoming prominent gangsters. In 1980, they happened upon the former guard who had been their principal torturer and shot him dead. The book's stunning denouement concerns the successful plot devised by the author and his third friend, now a Manhattan assistant DA, to free the two killers and to exact revenge against the remaining ex-guards who had scarred their lives so irrevocably. Carcaterra has run a moral and emotional gauntlet, and the resulting book, despite its flaws, is disturbing and hard to forget. (Film rights to Propaganda; author tour)

Pub Date: July 10, 1995

ISBN: 0-345-39606-5

Page Count: 432

Publisher: Ballantine

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: May 1, 1995

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LIFE IS SO GOOD

The memoir of George Dawson, who learned to read when he was 98, places his life in the context of the entire 20th century in this inspiring, yet ultimately blighted, biography. Dawson begins his story with an emotional bang: his account of witnessing the lynching of a young African-American man falsely accused of rape. America’s racial caste system and his illiteracy emerge as the two biggest obstacles in Dawson’s life, but a full view of the man overcoming the obstacles remains oddly hidden. Travels to Ohio, Canada, and Mexico reveal little beyond Dawson’s restlessness, since nothing much happens to him during these wanderings. Similarly, the diverse activities he finds himself engaging in—bootlegging in St. Louis, breaking horses, attending cockfights—never really advance the reader’s understanding of the man. He calls himself a “ladies’ man” and hints at a score of exciting stories, but then describes only his decorous marriage. Despite the personal nature of this memoir, Dawson remains a strangely aloof figure, never quite inviting the reader to enter his world. In contrast to Dawson’s diffidence, however, Glaubman’s overbearing presence, as he repeatedly parades himself out to converse with Dawson, stifles any momentum the memoir might develop. Almost every chapter begins with Glaubman presenting Dawson with a newspaper clipping or historical fact and asking him to comment on it, despite the fact that Dawson often does not remember or never knew about the event in question. Exasperated readers may wonder whether Dawson’s life and his accomplishments, his passion for learning despite daunting obstacles, is the tale at hand, or whether the real issue is his recollections of Archduke Ferdinand. Dawson’s achievements are impressive and potentially exalting, but the gee-whiz nature of the tale degrades it to the status of yet another bowl of chicken soup for the soul, with a narrative frame as clunky as an old bone.

Pub Date: Feb. 1, 2000

ISBN: 0-375-50396-X

Page Count: 288

Publisher: Random House

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Dec. 15, 1999

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