Yesterday marked the fifth anniversary of the Lehman Brothers filing for bankruptcy in 2008, sending our economy into a tailspin. To note this occasion, we posted a list of some of our Top Banking Books to help people try to figure out what in the world is going on with our economy.
Along that same thread, today we have a special excerpt of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It by Anat Admati & Martin Hellwig posted below. In this excerpt (pages 11-12 to be exact), Admati and Hellwig address the Lehman Brothers fall and the ripple affect it had on America and even other countries abroad.
As a whole, the book addresses how risks in banking can impose significant costs on the economy. Many think that a safer banking system would require sacrificing lending and economic growth, but Admati and Hellwig argue that we can have a safer and healthier banking system without sacrificing any of the benefits of the system, and at essentially no cost to society.
Check out the excerpt below!
Yesterday marked the fifth anniversary of the Lehman Brothers filing for bankruptcy in 2008, sending our economy into a tailspin. To note this occasion, we posted a list of some of our Top Banking Books to help people try to figure out what in the world is going on with our economy.
The Fifth Anniversary of the Lehman Brothers Bankruptcy and Our Top 10 Books on Banking
Since the economic downturn in America, people have been paying much more attention to what is going on with their government, their spending, and most certainly their banks. As today is the fifth anniversary of the Lehman Brothers filing for bankruptcy (the largest bankruptcy filing in the history of the United States), we here at the Press thought we would help you all out a little by suggesting some of our best publications on bank failures, economic regulations, and financial crises. Fun topic for a lazy Sunday, right?
Click on the titles below to learn more about them, and don’t forget to check back tomorrow for an exclusive excerpt from our newest banking book this year: The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It by Anat Admati and Martin Hellwig.
1) The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It
By: Anat Admati & Martin Hellwig
What is wrong with today’s banking system? The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers’ New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing them as invalid.
2) Debt’s Dominion: A History of Bankruptcy Law in America
By: David A. Skeel Jr.
David Skeel provides the first complete account of the remarkable journey American bankruptcy law has taken from its beginnings in 1800, when Congress lifted the country’s first bankruptcy code right out of English law, to the present day.
3) How Big Banks Fail and What to Do about It
By: Darrell Duffie
How Big Banks Fail and What to Do about It examines how large dealer banks (like J.P. Morgan and Goldman Sachs) collapse and how we can prevent the need to bail them out.
4) Unsettled Account: The Evolution of Banking in the Industrialized World since 1800
By: Richard S. Grossman
In Unsettled Account, Richard Grossman takes the first truly comparative look at the development of commercial banking systems over the past two centuries in Western Europe, the United States, Canada, Japan, and Australia. Grossman focuses on four major elements that have contributed to banking evolution: crises, bailouts, mergers, and regulations.
5) Why Are There So Many Banking Crises? The Politics and Policy of Bank Regulation
By: Jean-Charles Rochet
Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises–and the massive financial and social damage they can cause–remain common throughout the world. Jean-Charles Rochet, one of the world’s leading authorities on banking regulation, makes the case that, although many banking crises are precipitated by financial deregulation and globalization, political interference often causes–and almost always exacerbates–banking crises.
6) Appeasing Bankers: Financial Caution on the Road to War
By: Jonathan Kirshner
The financial world values economic stability above all else, and crises and war threaten that stability. Appeasing Bankers shows that, when faced with the prospect of war or international political crisis, national financial communities favor caution and demonstrate a marked aversion to war.
7) Codes of Finance: Engineering Derivatives in a Global Bank
By: Vincent Antonin Lépinay
Codes of Finance takes readers behind the scenes of the equity derivatives business at one of the world’s leading investment banks before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments–and of how they ultimately created havoc inside and outside the bank.
8) Balancing the Banks: Global Lessons from the Financial Crisis
By: Mathias Dewatripont, Jean-Charles Rochet & Jean Tirole
Translated by: Keith Tribe
Bringing together three leading financial economists to provide an international perspective, Balancing the Banks draws critical lessons from the causes of the crisis and proposes important regulatory reforms, including sound guidelines for the ways in which distressed banks might be dealt with in the future.
9) Banking on the Future: The Fall and Rise of Central Banking
By: Howard Davies & David Green
Banking on the Future provides a fascinating insider’s look into how central banks have evolved and why they are critical to the functioning of market economies. The book asks whether, in light of the recent economic fallout, the central banking model needs radical reform.
10) Banks and Politics in America from the Revolution to the Civil War
By: Bray Hammond
Bray Hammond investigates into the role of banking in the formation of American society. Hammond, who was assistant secretary of the Board of Governors of the Federal Reserve System from 1944 to 1950, presents this 771-page book with a definitive account of how banking evolved in the United States in the context of the nation’s political and social development.
It would be easy to assume that, in the eighteenth century, slavery and the culture of taste–the world of politeness, manners, and aesthetics–existed as separate and unequal domains, unrelated in the spheres of social life. But to the contrary, Slavery and the Culture of Taste demonstrates that these two areas of modernity were surprisingly entwined. Ranging across Britain, the antebellum South, and the West Indies, and examining vast archives, including portraits, period paintings, personal narratives, and diaries, Simon Gikandi illustrates how the violence and ugliness of enslavement actually shaped theories of taste, notions of beauty, and practices of high culture, and how slavery’s impurity informed and haunted the rarified customs of the time.
Gikandi focuses on the ways that the enslavement of Africans and the profits derived from this exploitation enabled the moment of taste in European–mainly British–life, leading to a transformation of bourgeois ideas regarding freedom and selfhood. He explores how these connections played out in the immense fortunes made in the West Indies sugar colonies, supporting the lavish lives of English barons and altering the ideals that defined middle-class subjects. Discussing how the ownership of slaves turned the American planter class into a new aristocracy, Gikandi engages with the slaves’ own response to the strange interplay of modern notions of freedom and the realities of bondage, and he emphasizes the aesthetic and cultural processes developed by slaves to create spaces of freedom outside the regimen of enforced labor and truncated leisure.
Through a close look at the eighteenth century’s many remarkable documents and artworks, Slavery and the Culture of Taste sets forth the tensions and contradictions entangling a brutal practice and the distinctions of civility.
Simon Gikandi is the Robert Schirmer Professor of English at Princeton University.
Last year we published Leah Price’s How to Do Things with Books in Victorian Britain in which she described the myriad ways books, journals, and paper were put to use. We asked her to explain the kerfuffle over the Jane Austen 10 pound note, and of course, the discussion took an Austen-like turn toward marriage…
Feminists were relieved when the Bank of England caved in to a petition demanding a woman’s face on at least one of its many banknotes. And novel-lovers were even more elated when the face chosen was Jane Austen’s. But jeers are now greeting the Bank’s decision to caption Austen’s portrait with a quotable quote from Pride and Prejudice, “I declare after all there is no enjoyment like reading!”
What’s not to like? Well, for one thing that quotation emerges from the mouth of the novel’s least likeable character, Elizabeth Bennet’s dim-witted would-be rival Caroline Bingley. When Darcy picks up Volume I of an unnamed book, Caroline immediately sticks her nose in Volume II; her “attention was quite as much engaged in watching Mr. Darcy’s progress through his book, as in reading her own; and she was perpetually either making some inquiry, or looking at his page.” Darcy ignores her attempts to read over his shoulder (he’s not up for one set of Buddhist marriage vows, recently chronicled in the pages of the New York Times, which included a promise never to read alone and never to turn the page without waiting for the other partner to finish). Bored by her book and stymied by his absorption in his, she declares with a yawn, “How pleasant it is to spend an evening in this way! I declare after all there is no enjoyment like reading! How much sooner one tires of any thing than of a book!”
John Mullan is surely right to complain that this is the kind of quotation a Bank of England governor (or some overeducated and underpaid intern) would have found if they google-searched “reading” without bothering to read the novel. They might not even have needed to do that; the line appears in countless online and offline quotation dictionaries, of the kind over which Elizabeth’s schoolmarmish sister Mary likes to pore and from which Elizabeth’s repulsive suitor Mr. Collins cribs his commonplaces. But does this really mean that the quotation is wrong for a banknote?
Maybe. But it’s also possible that the quotation tells us something important about the relation between books and money. Miss Bingley adds that “When I have a house of my own, I shall be miserable if I have not an excellent library.” Talking about books functions as a way to drag marriage into the conversation (for “having a house of my own” is nothing of not a modest euphemism for “getting someone to marry me”)—as it does, too, when she professes herself astonished “that my father should have left so small a collection of books. What a delightful library you have at Pemberley, Mr Darcy!”
Books, in short, are what rich husbands own. More specifically, like the gallery of family portraits that Elizabeth later ogles in Darcy’s house, a private library is a sign of old money. Nouveaux riches like the Bingleys can rent a house, but they can’t buy up first editions simply by handing over Bank of England notes, any more than they could buy up nonexistent portraits of their ancestors. And a shared library means a shared life: it’s safe to interfile books when you move in with your lover, but don’t put your duplicates out on the curb unless you’re game for covenant marriage.
More fundamentally, books are a player in the marriage market. Reading different volumes of the same novel gives Miss Bingley and Darcy something in common, just as anyone reading Sense and Sensibility can guess Marianne Dashwood’s fate once she reflects that “Our own library is too well known to me, to be resorted to for anything beyond mere amusement. But … there are others of more modern production which I know I can borrow of Colonel Brandon.” In a culture that placed strict limits on young women’s interactions with young men, lending books and borrowing books gave a convenient excuse to send parcels back and forth: “Gentlemen, as a rule, do not offer ladies presents,” one 1893 etiquette handbook explains. “Should the conversation, however, turn upon some new book or musical composition, which the lady has not seen, the gentleman may, with perfect propriety, say, “I wish that you could see such or such a work and, if you will permit, I should be pleased to send you a copy.”
That books can matchmake shouldn’t surprise users of dating sites like alikewise.com, who are matched with one another by favorite title rather than by body-mass index: who needs Mrs. Bennet when a book can perform the introduction? But the book can also chaperone: a different Victorian etiquette manual explains that in railway carriages, while “civilities should be politely acknowledged,” “a book is the safest resource for an ‘unprotected female’.” Or, as when Darcy buries himself in the pages of Volume I to avoid making conversation with the persistent Miss Bingley, an unprotected male.
Perhaps Darcy is afraid of ending up in a marriage like the one described by the great Victorian humorist Douglas Jerrold: “Why, what have you got there, Mr. Caudle ? A book? What! If you ar’n’t allowed to sleep you’ll read? Well, now it is come to something! If that isn’t insulting a wife to bring a book to bed, I don’t know what wedlock is. But you sha’n’t read, Caudle ; no you sha’n’t; not while I’ve strength to get up and put out a candle.” When Charles Darwin drew up a balance-sheet to help him decide whether to marry, one of the entries in the “not marry” column suggested that a man needed to choose between marrying and reading: “Loss of time—cannot read in the evenings—less money for books.” One more reason that it may make sense to immortalize Caroline Bingley on a banknote: she knew that books aren’t free, any more than the time that it takes to read them.
Leah Price is professor of English at Harvard University. She is the author of The Anthology and the Rise of the Novel and How to Do Things with Books in Victorian Britain.
In case you haven’t looked at today’s Google Doodle yet, July 3rd marks the 130th birthday anniversary of novelist Franz Kafka. Kafka is the subject of a major three-part biography by Reiner Stach and translated by Shelley Frisch, the first two of which are just out this month from our fair Press (KAFKA: The Years of Insight and KAFKA: The Decisive Years, for those not already in the know).
In the commercial publishing world, Peter Mendelsund came up with some stellar cover overhauls for many of Kafka’s works for Schocken Books, a division of Random House, including “The Trial,” “Amerika,” and “The Castle.” Here’s a fun birthday video they released for the anniversary, as part of what graphic artist Neil Gower aptly calls the “Tour de Franz“:
The birthday coverage has also been picked up by Michael Cavna of Washington Post‘s Comic Riffs blog, Mashable, PC Magazine, the Guardian, and the Toronto Star, among others. Over at the Christian Science Monitor, Katherine Jacobsen identifies a great quote from British poet W. H. Auden on the brilliant German-language writer:
Kafka is important because his predicament is the predicament of modern man.
We couldn’t have put it better ourselves, so in that spirit, happy birthday, Dr. Kafka!
Most people believe that Rosa Parks sparked the Civil Rights Movement by refusing to give up her seat. But as a game theorist who studies social movements, I know this story is only partly true: after Mrs. Parks’s arrest on Dec. 1, 1955, the veteran activist Jo Ann Gibson Robinson mimeographed 52,500 leaflets announcing a boycott four days later. If any single action started the Montgomery Bus Boycott, it was the printing of these leaflets.
Mobilizing people to action doesn’t just happen: it takes extensive planning and effort. So when I geared up to publish my second scholarly book, “Jane Austen, Game Theorist”, I vowed to deploy ideas from social movement theory to help publicize it. I figured I could use all the help I could get; my first book, “Rational Ritual,” never cracked an Amazon ranking higher than #42,000. In the heady week after “Jane Austen, Game Theorist” came out, for a few hours it went past #200. It has received much more attention than anyone expected.
Here’s what I did and why.
When it comes to marketing your book, get ready to spend lots of time and effort, full-time for weeks. It is not unreasonable to schedule your teaching responsibilities around it. You will be spending lots of time and energy doing what all social movement organizers do: talking, writing and discussing, trying to get the message out.
Almost all social movements rely on a single tight organizing team that communicates daily. When you publish your book, your obvious team members are the publicity people at your press and your university. Get to know them early, several months before the publication date, and take their advice.
Planning is essential. A very effective Civil Rights Movement tactic was the sit-in, in which black students sat at segregated lunch counters, causing the lunch counters to shut down and creating economic havoc. In the two months after the Feb. 1, 1960 sit-in in Greensboro, North Carolina, sit-ins had occurred in 69 cities. Many at the time saw this rapid spread as a spontaneous occurrence, like a dam breaking after decades of pent-up frustration, but it was actually the result of extensive planning and nonviolent protest training.
Similarly, the publicists who helped me worked well in advance to get coverage to appear immediately after my publication date. They worked with several outlets at once, and thus news of my book seemed to break spontaneously, giving the impression of a groundswell of support, which turned into a real groundswell of support.
Relationships are key: activate existing ones and make new ones. In the 1964 Freedom Summer campaign, one of the main factors determining whether a given volunteer actually showed up was that person’s personal relationships. The sociologist Doug McAdam found that people who had friends who participated were more likely to participate than people who did not.
You will be surprised at how many people will want to buy your book solely because they know you (from college, kindergarten, conferences, etc.) and want to share in your success. This will gratify you immensely. Get on platforms like Facebook and Twitter and renew these relationships. You have many circles of friends whom you might expect to be uninterested (your gym acquaintances, your PTA friends, your college alumni association) but whom would be delighted to know about your book.
As you promote your book, you initiate new relationships, with interested readers, journalists, bloggers and so on. Take these relationships seriously and make an effort to maintain them. A reporter who wrote about my first book back in 2002 kindly tweeted about my second book to her several thousand followers. Every friend or acquaintance that you have or create has a potential “multiplier effect” of hundreds or thousands. A graduate student who likes your book might not be an “opinion leader” but might tell you about relevant listservs and blogs.
The main stroke of good fortune for my book was that a New York Times reporter, Jennifer Schuessler, wrote a very thoughtful and fun story about it. During my interview with her, I felt that I got to know her a little bit, and I will definitely let her know about my next book.
After the New York Times story came out, I did my best to be active on Twitter, even directing people to bookstores that still had copies, and I “followed” every person who tweeted about the story. Not everyone follows you back, but now I have around 500 followers who have expressed interest in the book, which is great.
Let people know something exciting is happening. In my 2001 book “Rational Ritual,” I discuss how a political rebellion is what game theorists call a “coordination problem”: a situation in which a person’s motivation for participating increases when other people participate. I am much more likely to join a protest of 10,000 people than a protest of 10. Buying a book is the same: a person is more likely to buy a book if she thinks lots of others are buying it and talking about it.
Thus when you market your book, do anything you can to let potential readers know that there are lots of other potential readers. I set up my own web page for my book, which includes all news stories and blog posts about the book, so people can see how many others are talking about it. If people tweet about your book, retweet. I periodically Google my book title to see which blogs and news outlets might be discussing it, and if possible I leave a comment referring them to my web page.
Make it as easy as possible for people to get interested. In 1965, the economist Mancur Olson recommended that to solve the “free-rider problem,” organizers should offer potential participants “selective incentives.” Any protest organizer who offers free food and music to make a protest more attractive is aware of this logic.
The equivalent of free food for a reporter is anything that makes writing her story easier. Your publicity professionals will create a press release, which is essentially a story pre-written for reporters. Some will post this press release verbatim, and some will modify it slightly and put their name on the byline.
In other words, everyone is busy, so make it easier for people to help you. Try to respond as quickly as possible to inquiries; the time scale of reporters is at least ten times faster than that of academics.
One “selective incentive” that I really like is offering signed bookplates to anyone who wants one for their copy of the book. It is a fun way to get to know your readers, and its personal and analog quality is a welcome respite from the daily digital torrent.
Engage in every way possible. The Civil Rights Movement had its spirituals, and the Gdansk shipyard in 1980 had its poetry. Successful social movements involve people in as many ways as possible, with words, dance, song, poetry, food and so forth. To promote my book, I made a Youtube video because I wanted to engage people with images as well as words.
I also got involved with my book’s cover. I wanted the book to feel fun and light, even whimsical, so I emailed the comic artist Sonny Liew and asked him to do the cover. This was money very well spent — Sonny’s fantastic illustration conveys the spirit of my book perfectly. One colleague called it the best academic book cover she has ever seen.
If your book were a meal, what would it taste like? The more ways you can think about the book, the more ways readers can relate to it. I am not above releasing “Jane Austen, Game Theorist” songs, recipes, and cat pictures.
Finally, start thinking like a 20-year-old. Social movements are usually a young person’s game, with older, more established people carted in after most of the work has been done. According to Alabama State College professor B. J. Simms, 26-year-old Martin Luther King, Jr., having arrived in Montgomery just one year earlier, was elected president of the Montgomery Improvement Association (the organization created to run the bus boycott) because no older leader wanted to take the blame in case it failed.
So to promote your book, do all of the crazy things 20-year-olds do, like Facebook, Twitter, Tumblr, Reddit, Youtube and Imgur. Like a 20-year-old, be willing to drop everything you are doing at a moment’s notice to respond to an inquiry. Be opportunistic, follow every lead and network like hell. Tweet like a maniac — you’ll know you are getting through when people (in this case, Stephanie Hershinow at Rutgers) respond with tweets like “WE GET IT! JANE AUSTEN WAS A GAME THEORIST! FINE! WHATEVER! YOU WIN!!!!”
Read the original article here on UCLA Today‘s website: http://today.ucla.edu/portal/ut/how-professors-can-get-publicity-247028.aspx
Jane Austen, Game Theorist
Michael Suk-Young Chwe
Game theory–the study of how people make choices while interacting with others–is one of the most popular technical approaches in social science today. But as Michael Chwe reveals in his insightful new book, Jane Austen explored game theory’s core ideas in her six novels roughly two hundred years ago. Jane Austen, Game Theorist shows how this beloved writer theorized choice and preferences, prized strategic thinking, argued that jointly strategizing with a partner is the surest foundation for intimacy, and analyzed why superiors are often strategically clueless about inferiors. With a diverse range of literature and folktales, this book illustrates the wide relevance of game theory and how, fundamentally, we are all strategic thinkers.
Although game theory’s mathematical development began in the Cold War 1950s, Chwe finds that game theory has earlier subversive historical roots in Austen’s novels and in “folk game theory” traditions, including African American folktales. Chwe makes the case that these literary forebears are game theory’s true scientific predecessors. He considers how Austen in particular analyzed “cluelessness”–the conspicuous absence of strategic thinking–and how her sharp observations apply to a variety of situations, including U.S. military blunders in Iraq and Vietnam.
Jane Austen, Game Theorist brings together the study of literature and social science in an original and surprising way.
“Jane Austen, Game Theorist . . . is more than the larky scholarly equivalent of ‘Pride and Prejudice and Zombies.’. . . Mr. Chwe argues that Austen isn’t merely fodder for game-theoretical analysis, but an unacknowledged founder of the discipline itself: a kind of Empire-waisted version of the mathematician and cold war thinker John von Neumann, ruthlessly breaking down the stratagems of 18th-century social warfare.”–Jennifer Schuessler, New York Times
“This is such a fabulous book–carefully written, thoughtful and insightful . . .”–Guardian.co.uk’s Grrl Scientist blog
“”Michael Chwe shows that Jane Austen is a strategic analyst–a game theorist whose characters exercise strategic thinking. Game theorists usually study war, business, crime and punishment, diplomacy, politics, and one-upmanship. Jane Austen studies social advancement, romantic relationships, and even gamesmanship. Game theorists will enjoy this venture into unfamiliar territory, while Jane Austen fans will enjoy being illuminated about their favorite author’s strategic acumen–and learn a little game theory besides.””–Thomas C. Schelling, Nobel Laureate in Economics
“Jane Austen’s novels provide wonderful examples of strategic thinking in the lives of ordinary people. In Jane Austen, Game Theorist, Michael Chwe brilliantly brings out these strategies, and Austen’s intuitive game-theoretic analysis of these situations and actions. This book will transform the way you read literature.”–Avinash Dixit, coauthor of The Art of Strategy: A Game Theorist’s Guide to Success in Business and Life
“Whether you’re an intelligent strategic thinker or a clueless bureaucrat, this book will teach and delight you. The merger of game theory and Jane Austen, with extended examples from African American folklore and U.S. foreign policy, provides the best study I know of motive and cluelessness. Michael Chwe, a rare breed of political scientist, has raised the game of two disciplines. This is a genuinely interdisciplinary work that avoids the reductionism of much game theory and the provincialism of many Austen admirers.”–Regenia Gagnier, author of The Insatiability of Human Wants: Economics and Aesthetics in Market Society
“It would be useful for everyone to understand a little bit more about strategic thinking. Jane Austen seems not only to get this, but to explore it obsessively. Looking at Austen and other works, this persuasive book shows that the game theory in historical sources is not inherently opposed to humanistic thinking, but embedded within it.”–Laura J. Rosenthal, University of Maryland
Introducing Reiner Stach’s acclaimed and definitive biography of Franz Kafka from Princeton University Press. Franz Kafka (1883-1924) was an influential writer of the 20th century and Reiner Stach spent more than a decade working with over four thousand pages of journals, letters, and literary fragments, many never before available, to re-create the atmosphere in which Kafka lived and worked. This impressive biography was translated by Shelley Frisch. We invite you to read the sample chapters linked below.
Kafka: The Decisive Years
This period from 1910-1915, which would prove crucial to Kafka’s writing and set the course for the rest of his life, saw him working with astonishing intensity on his most seminal writings–The Trial, The Metamorphosis, The Man Who Disappeared (Amerika), and The Judgment. These are also the years of Kafka’s fascination with Zionism; of his tumultuous engagement to Felice Bauer; and of the outbreak of World War I. It is at once an extraordinary portrait of the writer and a startlingly original contribution to the art of literary biography.
We invite you to read the Introduction online:
Kafka: The Years of Insight
This volume tells the story of the final years of the writer’s life, from 1916 to 1924–a period during which the world Kafka had known came to an end. Stach’s riveting narrative, which reflects the latest findings about Kafka’s life and works, draws readers in with a nearly cinematic power, zooming in for extreme close-ups of Kafka’s personal life, then pulling back for panoramic shots of a wider world scarred by World War I, disease, and inflation.
In these years, Kafka was spared military service at the front, yet his work as a civil servant brought him into chilling proximity with its grim realities. He was witness to unspeakable misery, lost the financial security he had been counting on to lead the life of a writer, and remained captive for years in his hometown of Prague. The outbreak of tuberculosis and the collapse of the Austro-Hungarian Empire constituted a double shock for Kafka, and made him agonizingly aware of his increasing rootlessness. He began to pose broader existential questions, and his writing grew terser and more reflective, from the parable-like Country Doctor stories and A Hunger Artist to The Castle.
A door seemed to open in the form of a passionate relationship with the Czech journalist Milena Jesenská. But the romance was unfulfilled and Kafka, an incurably ill German Jew with a Czech passport, continued to suffer. However, his predicament only sharpened his perceptiveness, and the final period of his life became the years of insight.
We invite you to read the Prologue online:
The first volume, covering Kafka’s childhood and youth, is forthcoming.
|Join KGB Bar as they welcome Gary Whitehead, Jessica Greenbaum, and Anthony Carelli on May 8.Princeton University Press Contemporary Poets
May 08, 2013
7:00 pm – 9:00 pm
85 East 4th St.
NY, NY 10003
Gary J. Whitehead has authored three collections of poetry, the most recent of which is A Glossary of Chickens, chosen by Paul Muldoon for the Princeton University Press Contemporary Poets Series. His work has appeared in the New Yorker and has been featured on Garrison Keillor’s public radio program the Writer’s Almanac. He has been the recipient of a New York Foundation for the Arts Fellowship in Poetry. Whitehead teaches English at Tenafly High School in New Jersey and lives in New York’s Hudson Valley.
Jessica Greenbaum was born in Brooklyn in 1957, but didn’t ascend to residency there until 1987, after living stints in Long Island, Manhattan and Houston, TX. She is a winner of the Nation’s Discovery Award, PEN’s Emerging Writer Award and the Gerald Cable Prize for her first book, Inventing Difficulty. Her second book, The Two Yvonnes, came out from Princeton’s Contemporary Poets Series . She is the poetry editor for the annual upstreet and lives, with her family, in Ft. Greene, where she takes advantage of foot traffic going to the Brooklyn Flea to raise money for girls’ and women’s civil rights issues in the third world.
Anthony Carelli was raised in Poynette, Wisconsin and studied at the University of Wisconsin–Madison and New York University. In 2011 he was awarded a Hodder Fellowship at Princeton University. His poems have appeared in various magazines, including the New Yorker. His first book of poems, Carnations (Princeton, 2011), was named a finalist for the 2011 Levis Reading Prize. Anthony lives in Brooklyn, New York and teaches expository writing at New York University.
This week we have a couple of PUP books for any prospective Hogwarts student seeking placement in the Hufflepuff house. Hufflepuffs don’t really get too much attention; their only notable student was Cedric Diggory who was killed by He-Who-Can’t-Be-Named. Yet, Hufflepuffs value hard work, patience, loyalty, and fair play making them interested in some of our books about art and overall well-being.
1. No Joke: Making Jewish Humor by Ruth Wisse- This book is a perfect balance of scholarly and funny.
Humor is the most celebrated of all Jewish responses to modernity. In this book, Ruth Wisse evokes and applauds the genius of spontaneous Jewish joking–as well as the brilliance of comic masterworks by writers like Heinrich Heine, Sholem Aleichem, Isaac Babel, S. Y. Agnon, Isaac Bashevis Singer, and Philip Roth. At the same time, Wisse draws attention to the precarious conditions that have called Jewish humor into being–and the price it may exact from its practitioners and audience.
Wisse broadly traces modern Jewish humor around the world, teasing out its implications as she explores memorable and telling examples from German, Yiddish, English, Russian, and Hebrew. Among other topics, the book looks at how Jewish humor channeled Jewish learning and wordsmanship into new avenues of creativity, brought relief to liberal non-Jews in repressive societies, and enriched popular culture in the United States.
Even as it invites readers to consider the pleasures and profits of Jewish humor, the book asks difficult but fascinating questions: Can the excess and extreme self-ridicule of Jewish humor go too far and backfire in the process? And is “leave ‘em laughing” the wisest motto for a people that others have intended to sweep off the stage of history?
2. The Importance of Being Civil: The Struggle for Political Decency by John A. Hall- Knowing of Hufflepuffs’ desire for cooperation, they would probably praise this book and recommend it to those at the Ministry of Magic.
Civility is desirable and possible, but can this fragile ideal be guaranteed? The Importance of Being Civil offers the most comprehensive look at the nature and advantages of civility, throughout history and in our world today. Esteemed sociologist John Hall expands our understanding of civility as related to larger social forces–including revolution, imperialism, capitalism, nationalism, and war–and the ways that such elements limit the potential for civility. Combining wide-ranging historical and comparative evidence with social and moral theory, Hall examines how the nature of civility has fluctuated in the last three centuries, how it became lost, and how it was reestablished in the twentieth century following the two world wars. He also considers why civility is currently breaking down and what can be done to mitigate this threat.
Paying particular attention to the importance of individualism, of rules allowing people to create their own identities, Hall offers a composite definition of civility. He focuses on the nature of agreeing to differ over many issues, the significance of fashion and consumption, the benefits of inclusive politics on the nature of identity, the greater ability of the United States in integrating immigrants in comparison to Europe, and the conditions likely to assure peace in international affairs. Hall factors in those who are opposed to civility, and the various methods with which states have destroyed civil and cooperative relations in society.
3. Why Philanthropy Matters: How the Wealthy Give, and What it Means for Our Economic Well-Being by Zoltan Acs- I could see a Hufflepuff doing good magical deeds for others and this book shows the necessity of such deeds as philanthropy.
Philanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation–and the world–has remained largely unexplored. Why Philanthropy Matters takes an in-depth look at philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment of wealth in other countries. Factoring in philanthropic cycles that help balance the economy, Zoltan Acs offers a richer picture of capitalism, and a more accurate backdrop for considering policies that would promote the capitalist system for the good of all.
Examining the dynamics of American-style capitalism since the eighteenth century, Acs argues that philanthropy achieves three critical outcomes. It deals with the question of what to do with wealth–keep it, tax it, or give it away. It complements government in creating public goods. And, by focusing on education, science, and medicine, philanthropy has a positive effect on economic growth and productivity. Acs describes how individuals such as Benjamin Franklin, Andrew Carnegie, Bill Gates, and Oprah Winfrey have used their wealth to establish institutions and promote knowledge, and Acs shows how philanthropy has given an edge to capitalism by promoting vital forces–like university research–necessary for technological innovation, economic equality, and economic security. Philanthropy also serves as a guide for countries with less flexible capitalist institutions, and Acs makes the case for a larger, global philanthropic culture.
4. A Glossary of Chickens: Poems by Gary Whitehead- For some lighter reading, Hufflepuffs would certainly enjoy this collection of poetry.
With skillful rhetoric and tempered lyricism, the poems in A Glossary of Chickens explore, in part, the struggle to understand the world through the symbolism of words. Like the hens of the title poem, Gary J. Whitehead’s lyrics root around in the earth searching for sustenance, cluck rather than crow, and possess a humble majesty.
Confronting subjects such as moral depravity, nature’s indifference, aging, illness, death, the tenacity of spirit, and the possibility of joy, the poems in this collection are accessible and controlled, musical and meditative, imagistic and richly figurative. They are informed by history, literature, and a deep interest in the natural world, touching on a wide range of subjects, from the Civil War and whale ships, to animals and insects. Two poems present biblical narratives, the story of Lot’s wife and an imagining of Noah in his old age. Other poems nod to favorite authors: one poem is in the voice of the character Babo, from Herman Melville’s Benito Cereno, while another is a kind of prequel to Emily Dickinson’s “She rose to His Requirement.”
As inventive as they are observant, these memorable lyrics strive for revelation and provide their own revelations.
Now that all four Hogwarts houses have their respective required reading lists, which house do you belong in?
Today is believed to be the day of William Shakespeare’s birth (and death!). Born in 1564, Shakespeare occupies a universal position as one of the greatest literary figures of all time. In celebration of all of his contributions to drama, poetry, literary history and more, we’ve compiled a reading list of our best books on Shakespeare’s life and works. Today, let’s celebrate the man who enriched language and our imaginations, and think of him as we read his own words, “Some are born great, some achieve greatness, and some have greatness thrust upon them.” (Twelfth Night, Act II, Scene V).
Lectures on Shakespeare
W. H. Auden, Edited by Arthur Kirsch
Here’s Chapter 1
Reflecting the twentieth-century poet’s lifelong engagement with the crowning masterpieces of English literature, these lectures add immeasurably to both our understanding of Auden and our appreciation of Shakespeare.
Shakespeare’s Festive Comedy: A Study of Dramatic Form and Its Relation to Social Custom
C. L. Barber, With a new foreword by Stephen Greenblatt
Check out Chapter 1
Revealing the interplay between social custom and dramatic form, the book shows how the Elizabethan antithesis between everyday and holiday comes to life in the comedies’ combination of seriousness and levity.
Shakespeare’s Brain: Reading with Cognitive Theory
Mary Thomas Crane
Here’s the Introduction
Crane reveals in Shakespeare’s texts a web of structures and categories through which meaning is created. The approach yields fresh insights into a wide range of his plays, including The Comedy of Errors, As You Like It, Twelfth Night, Hamlet, Measure for Measure, and The Tempest.
Hamlet in Purgatory
Winner of 2002 Erasmus Institute Book Prize
One of Choice’s Outstanding Academic Titles for 2001
Read Chapter 1
This book constitutes an extraordinary feat that could have been accomplished by only Stephen Greenblatt. It is at once a deeply satisfying reading of medieval religion, an innovative interpretation of the apparitions that trouble Shakespeare’s tragic heroes, and an exploration of how a culture can be inhabited by its own spectral leftovers.
Shakespeare and Elizabeth: The Meeting of Two Myths
Read the Introduction
Did William Shakespeare ever meet Queen Elizabeth I? There is no evidence of such a meeting, yet for three centuries writers and artists have been provoked and inspired to imagine it. This is the first book to explore the rich history of invented encounters between the poet and the Queen, and examines how and why the mythology of these two charismatic and enduring cultural icons has been intertwined in British and American culture.
Johann Gottfried Herder, Translated and edited by Gregory Moore
Here’s Chapter 1
One of the most important and original works in the history of literary criticism, this passionate essay pioneered a new, historicist approach to cultural artifacts by arguing that they should be judged not by their conformity to a set of conventions imported from another time and place, but by the effectiveness of their response to their own historical and cultural context.
Hamlet’s Arab Journey: Shakespeare’s Prince and Nasser’s Ghost
Read the Introduction
Documenting how global sources and models helped nurture a distinct Arab Hamlet tradition, this book represents a new approach to the study of international Shakespeare appropriation.
Double Vision: Moral Philosophy and Shakespearean Drama
Here’s Chapter 1
Developing an account of literature’s relation to knowledge, morality, and rhetoric, and advancing philosophical-literary readings of Richard III, Macbeth, Romeo and Juliet, Othello, Antony and Cleopatra, Hamlet, and King Lear, Zamir shows how his approach can open up familiar texts in surprising and rewarding ways.