Each week we post a round-up of some of our most exciting national and international PUP book coverage. Reviews, interviews, events, articles–this is the spot for coverage of all things “PUP books” that took place in the last week. Enjoy!
How many times do we search for the perfect word for what we are trying to express? Sometimes, this goal is made entirely unattainable by linguistic differences between languages. In Dictionary of Untranslatables, Barbara Cassin compiles an encyclopedic dictionary of close to 400 important philosophical, literary, and political terms and concepts that defy easy–or any–translation from one language and culture to another. Drawn from more than a dozen languages, terms such as Dasein (German), pravda (Russian), saudade (Portuguese), and stato (Italian) are thoroughly examined in all their cross-linguistic and cross-cultural complexities. Spanning the classical, medieval, early modern, modern, and contemporary periods, these are terms that influence thinking across the humanities. The entries, written by more than 150 distinguished scholars, describe the origins and meanings of each term, the history and context of its usage, its translations into other languages, and its use in notable texts.
Dictionary of Untranslatables was recently reviewed by the South China Morning Post where it received a five star review. The book has also been featured in Dublin Review of Books, as well as in Independent.
“[G]reat success….By preserving the specificity of words in their source languages, but then proceeding though so many near-synonyms in other tongues, the Dictionary bridges this ideological divide, providing a different way of understanding what it is to be in, and between, languages.”—Tom Bunstead, Independent
With China a steadily rising world power, there are many theories as to the future of U.S.-China relations discussed; some theories end in extreme conflict, and others in strong cooperation and interdependence. In Strategic Reassurance and Resolve, James Steinberg and Michael O’Hanlon stake out a third, less deterministic position. They argue that there are powerful domestic and international factors, especially in the military and security realms, which could well push the bilateral relationship toward an arms race and confrontation, even though both sides will be far worse off if such a future comes to pass. They contend that this pessimistic scenario can be confidently avoided only if China and the United States adopt deliberate policies designed to address the security dilemma that besets the relationship between a rising and an established power. The authors propose a set of policy proposals to achieve a sustainable, relatively cooperative relationship between the two nations, based on the concept of providing mutual strategic reassurance in such key areas as nuclear weapons and missile defense, space and cyber operations, and military basing and deployments, while also demonstrating strategic resolve to protect vital national interests, including, in the case of the United States, its commitments to regional allies.
“[T]he points Steinberg and O’Hanlon make deserve the attention of all readers interested in the connection between U.S. and China going forward.”― Publishers Weekly
With subject matter related to the future of our country and its foreign relations, this book is a must read for anyone interested in international politics and the U.S. relationship with China.
We like to take pride in the “American Dream” and accomplishing goals our family, and ancestors before them, have never accomplished. But how much of our fate is tied to the status of our parents and grandparents? How much does this influence our children? More than we wish to believe. While it has been argued that rigid class structures have eroded in favor of greater social equality, The Son Also Rises proves that movement on the social ladder has changed little over eight centuries. Using a novel technique–tracking family names over generations to measure social mobility across countries and periods–renowned economic historian Gregory Clark reveals that mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. The good news is that these patterns are driven by strong inheritance of abilities and lineage does not beget unwarranted advantage. The bad news is that much of our fate is predictable from lineage. Clark argues that since a greater part of our place in the world is predetermined, we must avoid creating winner-take-all societies. Challenging popular assumptions about mobility and revealing the deeply entrenched force of inherited advantage, The Son Also Rises is sure to prompt intense debate for years to come.
Author Gregory Clark recently had an interview with Marketplace found here.The Son Also Rises was also featured in The Globe & Mail, where it was referred to as “Deeply challenging….” by reviewer Margaret Wente.
Get your hands on a copy of this intriguing book now and start reading the Introduction here.
Economic crises seem to be a more and more regular occurrence, but how does politics effect the severity and frequency of these economic problems? Fragile by Design is a revealing exploration of the ways that politics inevitably intrudes into bank regulation. Charles Calomiris and Stephen Haber combine political history and economics to examine how coalitions of politicians, bankers, and other interest groups form, why some endure while others are undermined, and how they generate policies that determine who gets to be a banker, who has access to credit, and who pays for bank bailouts and rescues.
“ One reason why economists did not see the financial crisis coming is that the models most macro and financial economists deal in are free of politics. Fragile by Design offers a much-needed supplement.”-Martin Sandbu, Financial Times
Want to better understand the complex relationship between economics and politics? Begin reading Chapter 1 of Fragile by Design here.
Speaking of economic crises, the importance of the U.S. dollar has been called into question in recent years. How is it that a currency which seems to fluctuate so frequently is still an international standard in many regards. The near collapse of the U.S. financial system in 2008-2009, political paralysis that has blocked effective policymaking, and emerging competitors such as the Chinese renminbi have heightened speculation about the dollar’s looming displacement as the main reserve currency. The Dollar Trap powerfully argues, the financial crisis, a dysfunctional international monetary system, and U.S. policies have paradoxically strengthened the dollar’s importance.
Eswar Prasad examines how the dollar came to have a central role in the world economy and demonstrates that it will remain the cornerstone of global finance for the foreseeable future. Marshaling a range of arguments and data, and drawing on the latest research, Prasad shows why it will be difficult to dislodge the dollar-centric system. With vast amounts of foreign financial capital locked up in dollar assets, including U.S. government securities, other countries now have a strong incentive to prevent a dollar crash.
The Dollar Trap author Eswar Prasad recently wrote an op-ed piece for the International New York Times further discussing the state of the U.S. dollar today and its persisting power.