Why would a perfectly good and loving God consign anyone to eternal suffering in hell? In Sinners in the Presence of a Loving God, R. Zachary Manis examines in detail the various facets of the problem of hell, considers the reasons why the usual responses to the problem are unsatisfying, and suggests how an adequate solution to the problem can be constructed. Historically, there are four standard explanations of the nature and purpose of hell: traditionalism, annihilationism, the choice model, and universalism. In Manis's assessment, all are deficient in some crucial respect. The alternative view that he develops and defends, the divine presence model, stands within the tradition that understands hell to be a state of eternal conscious suffering, but, Manis contends, avoids the worst problems of its competitors. The key idea is that the suffering of hell is not the result of a divine act that aims to inflict it, but rather is the way in which a sinful creature necessarily experiences the unmitigated presence of a holy God. Heaven and hell are not two "places" to which the saved and damned are consigned, respectively, but rather are two radically different ways in which different persons will experience the same reality of God's omnipresence once the barrier of divine hiddenness is finally removed.
Do presidents matter for America's economic performance? We tend to stereotype the Gilded Age presidents of the late nineteenth century as weak. We also assume that the American people were intellectually misguided about the economy and the government's role in it during this era. And we generally dismiss the Gilded Age macro-economy as boring--little interesting or important happened. Instead, the micro-economics of the business world was where the action was located. More broadly, many economists and political scientists believe that individual presidents do not matter much, even in the twenty-first century. Institutional constraints and historical circumstance dictate success or failure; the White House is just along for the ride. In Presidential Leadership in Feeble Times, Mark Zachary Taylor shows that all of this is mistaken. Taylor tells the story of three decades of Gilded Age economic upheaval with a focus on presidential leadership--why did some presidents crash and burn, while others prospered? It turns out that neither education nor experience mattered much. Nor did brains, personal ethics, or party affiliation. Instead, differences in presidential vision and leadership style had dramatic consequences. And even in this unlikely period, presidents powerfully affected national economic performance and their success came from surprising sources, with important lessons for us today.
In Deutschland ist das alltägliche Leben, einschließlich Unternehmen, Verbänden, Kommunalverwaltungen, Parks, Schulen, Kirchen und Medien, immer noch von den Nazi-Verbrechen belastet, die im öffentlichen Bewusstsein nicht anerkannt werden. Das sagen Zachary und Katharina F. Gallant, die die derzeitige deutsche Praxis des Gedenkens an die Verbrechen des Nationalsozialismus kritisieren, weil sie die Stimmen und die Handlungsfähigkeit der Opfergruppen ausgeklammert. In ihrem Buch fordern sie eine "Entnazifizierung 2.0", die darin besteht, das Vermögen der deutschen Unternehmen und Familien zu enteignen, die direkt mit den Naziverbrechen in Verbindung gebracht werden können, um dieses enteignete Kapital zur Bewältigung der dringendsten Katastrophen unserer Zeit einzusetzen.
Bureaucrats are important symbols of the governments that employ them. Contrary to popular stereotypes, they determine much about the way policy is ultimately enacted and experienced by citizens. While we know a great deal about bureaucrats and their actions, we know little about their development. Are particular types of people drawn to government work, or are government workers forged by the agencies they work in? Put simply, are bureaucrats born, or are they made? In Becoming Bureaucrats, Zachary W. Oberfield traces the paths of two sets of public servants—police officers and welfare caseworkers—from their first day on the job through the end of their second year. Examining original data derived from surveys and in-depth interviews, along with ethnographic observations from the author's year of training and work as a welfare caseworker, Becoming Bureaucrats charts how public-sector entrants develop their bureaucratic identities, motivations, and attitudes. Ranging from individual stories to population-wide statistical analysis, Oberfield's study complicates the long-standing cliché that bureaucracies churn out bureaucrats with mechanical efficiency. He demonstrates that entrants' bureaucratic personalities evolved but remained strongly tied to the views, identities, and motives that they articulated at the outset of their service. As such, he argues that who bureaucrats become and, as a result, how bureaucracies function, depends strongly on patterns of self-selection and recruitment. Becoming Bureaucrats not only enriches our theoretical understanding of bureaucratic behavior but also provides practical advice to elected officials and public managers on building responsive, accountable workforces.
The Gilded Age bon vivant who became America's unlikeliest chief executive-and who presided over a sweeping reform of the system that nurtured him Chester Alan Arthur never dreamed that one day he would be president of the United States. A successful lawyer, Arthur had been forced out as the head of the Custom House of the Port of New York in 1877 in a power struggle between the two wings of the Republican Party. He became such a celebrity that he was nominated for vice president in 1880-despite his never having run for office before. Elected alongside James A. Garfield, Arthur found his life transformed just four months into his term, when an assassin shot and killed Garfield, catapulting Arthur into the presidency. The assassin was a deranged man who thought he deserved a federal job through the increasingly corrupt "spoils system." To the surprise of many, Arthur, a longtime beneficiary of that system, saw that the time had come for reform. His opportunity came in the winter of 1882-83, when he pushed through the Pendleton Act, which created a professional civil service and set America on a course toward greater reforms in the decades to come. Chester Arthur may be largely forgotten today, but Zachary Karabell eloquently shows how this unexpected president-of whom so little was expected-rose to the occasion when fate placed him in the White House. "By exploring the Gilded Age's parallels with our own divisive political scene, Karabell does an excellent job of cementing the volume's relevance for contemporary readers. " - Publishers Weekly
A Host of Devils provides an in-depth account of the background, origin and development of the spirit figure sculptures which emerged during colonial times among the Makonde people of Mozambique. The creation of such works is shown to connect with a regional system of knowledge and practice, within which spirits function as a format for expression. The book describes the ways in which the sculpture emerged, as well as the author's experience of learning how to carve.
In The Paradox of Democracy: New Media and the Eternal Problem of Politics, Sean Illing and Zac Gershberg argue that, although free speech and media has always been a necessary condition of democracy, that very freedom also is its greatest threat. Free speech gives those who would destroy democracy license to mislead the public, using whatever forms of media are available. New forms of media offer opportunities to both supporters and critics of democracy. Reaching back to the ancient Greeks and continuing through media disruptions such as the invention of the printing press, the growth of "yellow" journalism and mass circulation newspapers, to new media today, they contend that democracies have always been unsettled by changes in media. The authors trace how each of these changes have challenged democracy by providing new ways of talking about politics and of reaching audiences with often unsettling effects. They conclude by exploring what kinds of communication facilitates and defends democracy as changing technology overwhelms older forms of communication"--
Four years before the publication of the First Folio, a group of London printers and booksellers attempted to produce a "collected works" of William Shakespeare as a series of quarto pamphlets. Zachary Lesser examines more than three hundred surviving copies of these "Pavier Quartos," revealing they are far more mysterious than we thought.
NEW YORK TIMES BESTSELLER • An “outstanding new intellectual biography of John Maynard Keynes [that moves] swiftly along currents of lucidity and wit” (The New York Times), illuminating the world of the influential economist and his transformative ideas “A timely, lucid and compelling portrait of a man whose enduring relevance is always heightened when crisis strikes.”—The Wall Street Journal WINNER: The Arthur Ross Book Award Gold Medal • The Hillman Prize for Book Journalism FINALIST: The National Book Critics Circle Award • The Sabew Best in Business Book Award NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY PUBLISHERS WEEKLY AND ONE OF THE BEST BOOKS OF THE YEAR BY Jennifer Szalai, The New York Times • The Economist • Bloomberg • Mother Jones At the dawn of World War I, a young academic named John Maynard Keynes hastily folded his long legs into the sidecar of his brother-in-law’s motorcycle for an odd, frantic journey that would change the course of history. Swept away from his placid home at Cambridge University by the currents of the conflict, Keynes found himself thrust into the halls of European treasuries to arrange emergency loans and packed off to America to negotiate the terms of economic combat. The terror and anxiety unleashed by the war would transform him from a comfortable obscurity into the most influential and controversial intellectual of his day—a man whose ideas still retain the power to shock in our own time. Keynes was not only an economist but the preeminent anti-authoritarian thinker of the twentieth century, one who devoted his life to the belief that art and ideas could conquer war and deprivation. As a moral philosopher, political theorist, and statesman, Keynes led an extraordinary life that took him from intimate turn-of-the-century parties in London’s riotous Bloomsbury art scene to the fevered negotiations in Paris that shaped the Treaty of Versailles, from stock market crashes on two continents to diplomatic breakthroughs in the mountains of New Hampshire to wartime ballet openings at London’s extravagant Covent Garden. Along the way, Keynes reinvented Enlightenment liberalism to meet the harrowing crises of the twentieth century. In the United States, his ideas became the foundation of a burgeoning economics profession, but they also became a flash point in the broader political struggle of the Cold War, as Keynesian acolytes faced off against conservatives in an intellectual battle for the future of the country—and the world. Though many Keynesian ideas survived the struggle, much of the project to which he devoted his life was lost. In this riveting biography, veteran journalist Zachary D. Carter unearths the lost legacy of one of history’s most fascinating minds. The Price of Peace revives a forgotten set of ideas about democracy, money, and the good life with transformative implications for today’s debates over inequality and the power politics that shape the global order. LONGLISTED FOR THE CUNDILL HISTORY PRIZE
Why are some countries better than others at science and technology (S&T)? Written in an approachable style, The Politics of Innovation provides readers from all backgrounds and levels of expertise a comprehensive introduction to the debates over national S&T competitiveness. It synthesizes over fifty years of theory and research on national innovation rates, bringing together the current political and economic wisdom, and latest findings, about how nations become S&T leaders. Many experts mistakenly believe that domestic institutions and policies determine national innovation rates. However, after decades of research, there is still no agreement on precisely how this happens, exactly which institutions matter, and little aggregate evidence has been produced to support any particular explanation. Yet, despite these problems, a core faith in a relationship between domestic institutions and national innovation rates remains widely held and little challenged. The Politics of Innovation confronts head-on this contradiction between theory, evidence, and the popularity of the institutions-innovation hypothesis. It presents extensive evidence to show that domestic institutions and policies do not determine innovation rates. Instead, it argues that social networks are as important as institutions in determining national innovation rates. The Politics of Innovation also introduces a new theory of "creative insecurity" which explains how institutions, policies, and networks are all subservient to politics. It argues that, ultimately, each country's balance of domestic rivalries vs. external threats, and the ensuing political fights, are what drive S&T competitiveness. In making its case, The Politics of Innovation draws upon statistical analysis and comparative case studies of the United States, Japan, South Korea, China, Taiwan, Thailand, the Philippines, Argentina, Brazil, Mexico, Canada, Turkey, Israel, Russia and a dozen countries across Western Europe.
Population ageing - a growth in the proportion of a population that is in older age - is now occurring in every region and nearly every country of the world. Indeed, the growth of older populations is among the important global phenomena of the twenty-first century. It poses both opportunities and challenges for societies and policy makers, but these are far from uniform worldwide. Dynamic factors are at work impacting on how ageing will influence people, places and policies and there are large variations in the rate and timing of population ageing across countries, owing to differing social, health and economic circumstances and a variety of policy options from which to choose. Given this variation in the context of global ageing as a backdrop, this edited book focuses on three overarching themes that are among the most critical to understand if societies are to age successfully in the twenty-first century and beyond: Healthy ageing and health care; the ageing workforce, retirement and the provision of pensions; shifting intergenerational relations. These three themes are cross-cut by other dimensions that are intertwined with the dynamic processes of ageing, such as immigration/emigration, contrasting policy regimes and global and national economic forces. This ground-breaking book will be of interest to all scholars, students and policy-makers working within this area of study.
In this completely revised new second edition, learn where to find products that you can buy for a few cents on the dollar and resell for massive profits! You will be provided detailed information on wholesalers, drop shippers, closeouts, discontinued merchandise, overstocks, customer returns, liquidators, foreign and domestic manufacturers and more. All products are covered.
Diverging from the studies of southern African migrant labor that focus on particular workplaces and points of origin, Bound for Work looks at the multitude of forms and locales of migrant labor that individuals—under more or less coercive circumstances—engaged in over the course of their lives. Tracing Mozambican workers as they moved between different types of labor across Mozambique, Rhodesia, and South Africa, Zachary Kagan Guthrie places the multiple venues of labor in a single historical frame, expanding the regional historiography beyond the long shadow cast by the apartheid state while simultaneously exploring the continuities and fractures between South Africa, southern Africa, and sub-Saharan Africa. Kagan Guthrie’s holistic approach to migrant labor yields several important conclusions. First, he highlights the importance of workers’ choices, explaining not just why people moved but why they moved in the ways they did: how they calculated the benefits of one destination over another, and how they decided when circumstances made it necessary to move again. Second, his attention to mobility gives a much clearer view of the mechanisms of power available to colonial authorities, as well as the limits to their effectiveness. Finally, Kagan Guthrie suggests a new explanation for the divergent trajectories of southern and sub-Saharan Africa in the aftermath of World War II.
Here is the authorized, definitive biography of one of the most controversial figures of twentieth-century literature, renowned for his blistering intelligence, savage wit and belligerent fierceness of opinion: Kingsley Amis was not only the finest comic novelist of his generation–having first achieved prominence with the publication of Lucky Jim in 1954 and as one of the Angry Young Men–but also a dominant figure in post—World War II British writing as novelist, poet, critic and polemicist. In The Life of Kingsley Amis, Zachary Leader, acclaimed editor of The Letters of Kingsley Amis, draws not only on unpublished works and correspondence but also on interviews with a wide range of Amis’s friends, relatives, fellow writers, students and colleagues, many of whom have never spoken out before. The result is a compulsively readable account of Amis’s childhood, school days and life as a student at Oxford, teacher, critic, political and cultural commentator, professional author, husband, father and lover. Even as he makes the case for Amis’s cultural centrality–at his death Time magazine claimed that “the British decades between 1955 and 1995 should in fairness be called ‘the Amis era’”–Leader explores the writer’s phobias, self-doubts and ambitions; the controversies in which he was embroiled; and the role that drink played in a life bedeviled by erotic entanglements, domestic turbulence and personal disaster. Dazzling for its thoroughness, psychological acuity and elegant style, The Life of Kingsley Amis is exemplary: literary biography at its very best.
Updated in its seventh edition, The Environmental Policy Paradox provides an introduction to the policy-making process in the United States with regard to air, water, land use, agriculture, energy, and waste disposal, while introducing readers to both global and international environmental issues and institutions. The text explains why some environmental ideas shape policy while others do not, and illustrates that even when the best short- and long-term solutions to environmental problems are identified, the task of implementing these solutions is often left undone or is completed too late. Readers are presented with a comprehensive history of the environmental movement paired with the most up-to-date account of environmental policy available today. New to the Seventh Edition Covers new topics including fracking, Arctic drilling, the Keystone XL pipeline controversy, GMOs, food security, and the green economy. Provides expanded information about the subsidy process. Extends the treatment of land preservation with a discussion of the Land and Water Conservation Fund. Adds Discussion Questions to the end of each chapter.
In the antebellum United States, formerly enslaved men and women who told their stories and advocated for abolition helped establish a new genre with widely recognized tropes: the slave narrative. This book investigates how enslaved black Africans conceived of themselves and their stories before the War of American Independence and the genre's development in the nineteenth century. Zachary McLeod Hutchins argues that colonial newspapers were pivotal in shaping popular understandings of both slavery and the black African experience well before the slave narrative's proliferation. Introducing the voices and art of black Africans long excluded from the annals of literary history, Hutchins shows how the earliest life writing by and about enslaved black Africans established them as political agents in an Atlantic world defined by diplomacy, war, and foreign relations. In recovering their stories, Hutchins sheds new light on how black Africans became Black Americans; how the earliest accounts of enslaved life were composed editorially from textual fragments rather than authored by a single hand; and how the public discourse of slavery shifted from the language of just wars and foreign policy to a heritable, race-based system of domestic oppression.
As long as humans have existed, they've worked and competed with plants to shape their surroundings. As cities developed and expanded, their diverse spaces were covered with and colored by weeds. In Weeds, Zachary J. S. Falck presents a comprehensive history of "happenstance plants" in American urban environments. Beginning in the late nineteenth century and continuing to the present, he examines the proliferation, perception, and treatment of weeds in metropolitan centers from Boston to Los Angeles. In dynamic city ecosystems, population movements and economic cycles establish and transform habitats where vegetation continuously changes. Americans came to associate weeds with infectious diseases and allergies, illegal dumping, vagrants, drug dealers, and decreased property values. Local governments and citizens' groups attempted to eliminate unwanted plants to better their urban environments and improve the health and safety of inhabitants. Over time, a growing understanding of the natural environment made "happenstance plants" more tolerable and even desirable. In the twenty-first century, scientists have warned that the effects of global warming and the heat-trapping properties of cities are producing more robust strains of weeds. Falck shows that nature continues to flourish where humans have struggled: in the aftermath of Hurricane Katrina, in the abandoned homes of the California housing bust, and alongside crumbling infrastructure. Weeds are here to stay.
By applying a linguistic stylistic analysis, this study argues that Luke's construal of the Jerusalem Council in Acts 15 and its related passages attempt to subvert a tradition within Second Temple Jewish literature that threatened the unity of multi-ethnic churches.
Public spaces have long been the focus of urban social activity, but investigations of how public space works often adopt only one of several possible perspectives, which restricts the questions that can be asked and the answers that can be considered. In this volume, Anthony Orum and Zachary Neal explore how public space can be a facilitator of civil order, a site for power and resistance, and a stage for art, theatre, and performance. They bring together these frequently unconnected models for understanding public space, collecting classic and contemporary readings that illustrate each, and synthesizing them in a series of original essays. Throughout, they offer questions to provoke discussion, and conclude with thoughts on how these models can be combined by future scholars of public space to yield more comprehensive understanding of how public space works.
Previous scholars have noted the Puritans' edenic descriptions of New World landscapes, but Inventing Eden is the first study to fully uncover the integral relationship between the New England interest in paradise and the numerous iconic intellectual artifacts and social movements of colonial North America. Harvard Yard, the Bay Psalm Book, and the Quaker use of antiquated pronouns like thee and thou: these are products of a seventeenth-century desire for Eden. So, too, are the evangelical emphasis of the Great Awakening, the doctrine of natural law popularized by the Declaration of Independence, and the first United States judicial decision abolishing slavery. Be it public nudity or Freemasonry, Zachary Hutchins convincingly shows how a shared wish to bring paradise into the pragmatic details of colonial living had a profound effect on early New England life and its substantial culture of letters. Spanning two centuries and surveying the works of major British and American thinkers from James Harrington and John Milton to Anne Hutchinson and Benjamin Franklin, Inventing Eden is the history of an idea that irrevocably altered the theology, literature, and culture of colonial New England -- and, eventually, the new republic.
This volume is composed of transcripts from the secret recordings that Presidents Kennedy and Johnson made of White House meetings and phone conversations about the violent Civil Rights crisis. As fly-on-the-wall history, this book gives an unprecedented grasp of the way the White House affected civil rights history and consequently transformed America.
Field Notes reconstructs the origins and trajectory of area studies in the United States, focusing on Middle East studies from the 1920s to the 1980s. Drawing on extensive archival research, Zachary Lockman shows how the Carnegie, Rockefeller, and Ford foundations played key roles in conceiving, funding, and launching postwar area studies, expecting them to yield a new kind of interdisciplinary knowledge that would advance the social sciences while benefiting government agencies and the American people. Lockman argues, however, that these new academic fields were not simply a product of the Cold War or an instrument of the American national security state, but had roots in shifts in the humanities and the social sciences over the interwar years, as well as in World War II sites and practices. This book explores the decision-making processes and visions of knowledge production at the foundations, the Social Science Research Council, and others charged with guiding the intellectual and institutional development of Middle East studies. Ultimately, Field Notes uncovers how area studies as an academic field was actually built—a process replete with contention, anxiety, dead ends, and consequences both unanticipated and unintended.
In The Last Campaign, Zachary Karabell rescues the 1948 presidential campaign from the annals of political folklore ("Dewey Defeats Truman," the Chicago Tribune memorably and erroneously heralded), to give us a fresh look at perhaps the last time the American people could truly distinguish what the candidates stood for. In 1948, Harry Truman, the feisty working-class Democratic incumbent was one of the most unpopular presidents the country had ever known. His Republican rival, the aloof Thomas Dewey, was widely thought to be a shoe-in. These two major party candidates were flanked on the far left by the Progressive Henry Wallace, and on the far right by white supremacist Dixiecrat Strom Thurmond. The Last Campaign exposes the fascinating story behind Truman’s legendary victory and turns a probing eye toward a by-gone era of political earnestness, when, for “the last time in this century, an entire spectrum of ideologies was represented,” a time before television fundamentally altered the political landscape.
Diagnose and manage diseases using the newest information and research! Pathologic Basis of Veterinary Disease – Expert Consult, 6th Edition provides complete, illustrated coverage of both general pathology and the pathology of organ systems of domestic animals. Addressing species from dogs and cats to pigs and cattle — and many more — this reference describes the lesions and pathogeneses of diseases, how cells and tissues respond to injury, and the interplay of host defense mechanisms with microbes and injurious agents. Updates include the latest scientific advances and diagnostic information. Written by a team of expert contributors, this book includes an Expert Consult website with access to the complete digital book plus thousands of images and guidelines for sample acquisition and for performing a complete necropsy. - Complete coverage of both general pathology and pathology of organ systems is provided in one convenient resource, and includes the latest information available. - Over 20 recognized experts deliver the most relevant information for the practitioner, student, or individual preparing for the American College of Veterinary Pathology board examination. - UPDATED content on cellular and organ system pathology includes the latest insights into the science of inflammation, healing, and molecular carcinogenesis, as well as expanded coverage of genetics and disease. - Over 2,100 full-color illustrations include color schematics, flow charts, and diagrammatic representations of disease processes as well as summary tables and boxes, making it easier to understand difficult concepts. - Clear, up-to-date explanations of disease mechanisms describe cell, tissue, and organ response to injury and infection. - Easy-to-follow organization for each systemic disease chapter includes a brief review of basic principles related to anatomy, structure, and function, followed by congenital and functional abnormalities and discussions of infectious disease responses, helping you apply principles to veterinary practice. - Expert Consult website provides the reader with the complete digital text plus: An image collection; guidelines for performing a complete, systematic necropsy and appropriate sample acquisition for all organ systems; a comprehensive glossary; and an appendix of photographic techniques in veterinary pathology. - NEW line drawings and schematic diagrams depict current concepts about pathogeneses and lesions of veterinary diseases. - NEW! Essential Concept boxes in each basic pathology chapter break down long and complicated topics, making it easier to understand lesions and pathogeneses in the 'organ system' chapters. - NEW! Key Readings Index at the beginning of each chapter includes page numbers, making important information easy to locate.
Twelve global planning and urban design interventions—and what they reveal about equity-centered urban resilience in the face of climate change. Hillside favelas in South America imperiled by landslides. Flood-threatened mobile home parks on the American Gulf Coast. Canal-side settlements facing eviction in megacities in Southeast Asia. Too often the places most vulnerable to climate change are the ones that are home to people with the fewest economic and political resources. And while some leaders are starting to take action to reduce climate risks, many early adaptation schemes have actually made preexisting inequalities worse. In The Equitably Resilient City, Zachary Lamb and Lawrence Vale ask how cities can adapt to climate change and other threats while also doing right by disadvantaged residents. Lamb and Vale’s model for the equitably resilient city includes four central domains: (1) environmental safety and vitality; (2) security from displacement; (3) stable and dignified livelihoods; and (4) enhanced self-governance. These principles represent the four LEGS (Livelihoods, Environment, Governance, and Security) of equitable resilience. To illustrate these core principles, the book draws on 12 case studies from settlements facing a range of hazards across diverse geographies in the Global North and South, from heat stress in Paris to drought in Bolivia to floods in Bangkok and New Orleans. Offering concrete strategies in the form of planning, community action, and design interventions, Lamb and Vale show that equitable urban resilience is not a pipe dream nor an abstract ethical proposition but an achievable reality grounded in struggle and solidarity.
A New York Times investigative reporter wades into the murky, pixelated waters of the multibillion-dollar NFT market—the virtual casino that sprang up overnight in 2020 and came crashing down, with all its celebrity hucksters, just two years later. A vibrant and witty exploration of the increasingly blurry line between art and money, artist and con artist, value and worthlessness. “A perfect book to understand and to laugh at the craziness of the art world today." —Jerry Saltz, author of How to Be an Artist In 2021, when the gavel fell at Christie’s on the sale of Mike Winkelmann’s Everydays series—a compilation of five thousand digital artworks—it made a thunderous announcement: Non-fungible tokens had arrived. The ludicrous world of CryptoKitties and Bored Apes had just produced a piece of art worth $69.3 million (at least according to the highest bidder). On that day, the traditional art market—the largest unregulated market in the world—put its stamp of approval on a very new and carnivalesque digital reality. But what did it mean for these two worlds to collide? Was it all just a money laundering scheme? And come on, what was that piece of digital flotsam really worth anyway? In Token Supremacy, Zachary Small works through these and other fascinating questions, tracing the crypto economy back to its origins in the 2008 financial crisis and the lineage of NFTs back to the first photographic negatives. Small describes jaw-dropping tales of heists, publicity stunts, and rug pulls, before zeroing in on the role of "security tokens" in the FTX scandal. Detours through art history provide insight into the mythmaking tactics that drive stratospheric auction sales and help the wealthy launder their finances (and reputations) through art. And we cast an eye toward a future where NFTs have paved the way for a dangerous, new shadow banking system. A wild and spellbinding tour through a world that strains belief.
A sweeping history of the legendary private investment firm Brown Brothers Harriman, exploring its central role in the story of American wealth and its rise to global power Conspiracy theories have always swirled around Brown Brothers Harriman, and not without reason. Throughout the nineteenth century, when America was convulsed by a devastating financial panic essentially every twenty years, Brown Brothers quietly went from strength to strength, propping up the U.S. financial system at crucial moments and catalyzing successive booms, from the cotton trade and the steamship to the railroad, while largely managing to avoid the unwelcome attention that plagued some of its competitors. By the turn of the twentieth century, Brown Brothers was unquestionably at the heart of what was meant by an American Establishment. As America's reach extended beyond its shores, Brown Brothers worked hand in glove with the State Department, notably in Nicaragua in the early twentieth century, where the firm essentially took over the country's economy. To the Brown family, the virtue of their dealings was a given; their form of muscular Protestantism, forged on the playing fields of Groton and Yale, was the acme of civilization, and it was their duty to import that civilization to the world. When, during the Great Depression, Brown Brothers ensured their strength by merging with Averell Harriman's investment bank to form Brown Brothers Harriman, the die was cast for the role the firm would play on the global stage during World War II and thereafter, as its partners served at the highest levels of government to shape the international system that defines the world to this day. In Inside Money, acclaimed historian, commentator, and former financial executive Zachary Karabell offers the first full and frank look inside this institution against the backdrop of American history. Blessed with complete access to the company's archives, as well as a thrilling understanding of the larger forces at play, Karabell has created an X-ray of American power--financial, political, cultural--as it has evolved from the early 1800s to the present. Today, unlike many of its competitors, Brown Brothers Harriman remains a private partnership and a beacon of sustainable capitalism, having forgone the heady speculative upsides of the past thirty years but also having avoided any role in the devastating downsides. The firm is no longer in the command capsule of the American economy, but, arguably, that is to its credit. If its partners cleaved to any one adage over the generations, it is that a relentless pursuit of more can destroy more than it creates.
When this second volume of The Life of Saul Bellow opens, Bellow, at forty-nine, is at the pinnacle of American letters - rich, famous, critically acclaimed. The expected trajectory is one of decline: volume 1, rise; volume 2, fall. Bellow never fell, producing some of his greatest fiction (Mr Sammler's Planet, Humboldt's Gift, all his best stories), winning two more National Book Awards, a Pulitzer Prize, and the Nobel Prize. At eighty, he wrote his last story; at eighty-five, he wrote Ravelstein. In this volume, his life away from the desk, including his love life, is if anything more dramatic than in volume 1. In the public sphere, he is embroiled in controversy over foreign affairs, race, religion, education, social policy, the state of culture, the fate of the novel. Bellow's relations with women were often fraught. In the 1960s he was compulsively promiscuous (even as he inveighed against sexual liberation). The women he pursued, the ones he married and those with whom he had affairs, were intelligent, attractive and strong-willed. At eighty-five he fathered his fourth child, a daughter, with his fifth wife. His three sons, whom he loved, could be as volatile as he was, and their relations with their father were often troubled. Although an early and engaged supporter of civil rights, in the second half of his life Bellow was angered by the excesses of Black Power. An opponent of cultural relativism, he exercised great influence in literary and intellectual circles, advising a host of institutes and foundations, helping those he approved of, hindering those of whom he disapproved. In making his case, he could be cutting and rude; he could also be charming, loyal, and funny. Bellow's heroic energy and will are clear to the very end of his life. His immense achievement and its cost, to himself and others, are also clear.
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