PUP News of the World

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Welcome to the next edition of our brand new series, PUP News of the World! Every week we will be posting a round-up of all of our most exciting national AND international reviews/interviews/events/articles, etc. that took place in the last week.


http://press.princeton.edu/images/k9383.gifThis week our article of the week comes from Financial Times! In the spirit of the holidays, the FT has posted a list of the best books of 2013 as chosen by FT writers and guests, including six Princeton University Press titles!
In the category of Business, Marc Levinson’s book, The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger, was chosen by none other than the Chairman of Microsoft, Bill Gates! Of the book, he said, “[This book] was published in 2006 but I read it just this year, around the time I visited the Panama Canal. A book about metal boxes may not sound like a thrill ride, but Levinson keeps it moving with compelling characters and surprising details. He unravels the history of how the shipping container revolutionised the way the world does business, affecting everything from shipping times to the depth of ports. A helpful guide to one of the cornerstones of globalisation. I won’t look at a cargo ship in quite the same way again.”
In the category of Economics, three of our books were chosen by Martin Wolf. The first, The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It by Anat Admati & Martin Hellwig, Wolf called “[T]he most important book to have come out of the financial crisis”. The second, Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change by Edmund Phelps was called “[E]xtraordinary… Phelps has addressed some of the big questions about our future”. Last but not least, the third selection was The War of the Sexes: How Conflict and Cooperation Have Shaped Men and Women from Prehistory to the Present by Paul Seabright, which Wolf says “With characteristic brilliance, Seabright uses biology, sociology, anthropology and economics to explain the war of the sexes”.
In the category of History, Tony Barber chose two PUP titles. Barber called the first Prague, Capital of the Twentieth Century: A Surrealist History by Derek Sayer, “[T]houghtful, witty and well-illustrated”. He also selected Benn Steil’s The Battle of Bretton Woods:John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, of which he said, “Steil’s book is an object lesson in how to make economic history entertaining and instructive”.
Lastly, in the category of Art, Jackie Wullschlager chose T.J. Clark’s Picasso and Truth: From Cubism to Guernica, calling it “[A] brilliant art-historical analysis… The most original book on Picasso for years”.


j10074[1]Robert Herritt of the Daily Beast reviewed Would You Kill the Fat Man? The Trolley Problem and What Your Answer Tells Us about Right and Wrong by David Edmonds, calling it “[I]mpressive…[A] walking tour of moral philosophy organized around one of the most well-known thought experiments of the last half century….By weaving together abstract principles, biographical sketches, historical examples, and trendy research in this just-so way, Edmonds has figured out how to illustrate the dimensions and consequences of moral decision-making without sacrificing entertainment value…[A] carefully executed book”.


There was a review in The Guardian for Why Can the Dead Do Such Great Things? Saints and Worshippers from the Martyrs to the Reformation by Robert Bartlett, in which Diarmaid MacCulloch said “… there is much to enjoy in the array of human behaviour, sacred and by our standards profane or just downright mad, chronicled in Bartlett’s excellent study.”


cookingAnne Kingston of Maclean’s wrote a feature on Cooking for Crowds: 40th Anniversary Edition by Merry White this week, saying “Recipes ahead of the curve 40 years ago—dirty rice, pork vindaloo— remain au courant; others—Swedish meatballs, Charlotte Malakoff au chocolat—exude a retro ’70s vibe that’s also au courant. Prep details for six, 12, 20 and 50 servings of each recipe are provided. Practical advice abounds, including not to multiply powerful spices like other ingredients… [Cooking for Crowds] remains a boffo resource for those hankering to make chicken Bengal for 12 or baklava for 50.”


Nicholas Kristof mentioned The Great Escape: Health, Wealth, and the Origins of Inequality by Angus Deaton in his New York Times Sunday Review column discussing foreign aid this past weekend.


Joan Acocella reviewed The Book of Job: A Biography by Mark Larrimore in The New Yorker.


Gordon Marino had an Op-Ed  piece about Nelson Mandela and Kierkegaard on the Chronicle’s “The Conversation” blog, which mentions The Quotable Kierkegaard, Marino’s most recent publication. Similarly, Marino had an Op-Ed in The New York Times this week in which he discusses Vitali Klitschko’s run for the Ukranian presidency.


David Wessel recently wrote an article about The Dollar Trap: How the U.S. Dollar Tightened Its Grip on Global Finance by Eswar S. Prasad in the Wall Street Journal, calling it “[A] surprising argument….[L]ucid….”. Prasad also did an interview with Wessel, which can be found here. Lastly, Prasad wrote an article for the Harvard Business Review about the argument his new book makes.


What W. H. Auden Can Do for You by Alexander McCall Smith was reviewed by Times Higher Education this week. Chris Jones called it  “charming”.


On a very international note, Edmund Phelps was interviewed about his book, Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change, by Die Welt (The World), a German national daily newspaper, this past weekend. Phelps also did a Q&A recently with Dylan Matthews that appeared on WashingtonPost.com’s Wonkblog in which they discuss his book, plus Arnold Kling reviewed Mass Flourishing on his blog, Econlib, saying “Phelps has given us a clear warning of the dangers of corporatism. I hope that more people hear and heed the warning.”


Sides_TheGamble3National Journal published their featured list of “The Best Political Books We Read in 2013” this week, which included The Gamble: Choice and Chance in the 2012 Presidential Election by John Sides & Lynn Vavreck. Of this selection, Steven Shepard said, “What really mattered in last year’s elections? George Washington University professor John Sides and UCLA professor Lynn Vavreck, in a remarkably fast turnaround for an academic work, applied social science to the developments of last year’s presidential election in The Gamble. It turns out that the events journalists described in real time (including this one) weren’t as important as they were made out to be. And Sides and Vavreck provide an important reality check that observers should heed before the daily doings of 2016 consume us all.”


Addiction by Design: Machine Gambling in Las Vegas by Natasha Dow Schüll, was recently listed in The Atlantic’s Best Book’s of the Year roundup. Alexis Madrigal said, “If books can be tools, Addiction by Design is one of the foundational artifacts for understanding the digital age—a lever, perhaps, to pry ourselves from the grasp of the coercive loops that now surround us.”


With Christmas rapidly approaching, Irish Independent put together a Christmas books round-up, which included The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order by Benn Steil, which they referred to as a “masterful account”.


The Limits of Partnership: U.S.-Russian Relations in the Twenty-First Century by Angela E. Stent was recently reviewed in the Kirkus Reviews. In the article they called it “[L]ucid….[R]eadable and sometimes surprising…..”.


Times Higher Education reviewed The Confidence Trap: A History of Democracy in Crisis from World War I to the Present by David Runicman this week, calling it “[I]nsightful”, and saying that “Runciman has written a brilliant book in which both the prose and the ideas sparkle”.


Lastly, a number of PUP books are featured in Bloomberg Businessweek’s best books of 2013 feature, “Buffett, Slim, Greenspan, El-Erian, Lew Pick Best Books of 2013.” The list includes Worldly Philosopher: The Odyssey of Albert O. Hirschman by Jeremy Adelman, The Banker’s New Clothes: What’s Wrong with Banking and What to Do about It by Anat Admati & Martin Hellwig, The Great Escape: Health, Wealth, and the Origins of Inequality by Angus Deaton, An Uncertain Glory: India and its Contradictions by Jean Drèze & Amartya Sen, and The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order by Benn Steil.


COMING SOON: An interactive map of the world where you can check out all of our reviews from multiple countries and continents, sorted by publication.

Princeton University Press’s Best-Sellers for the Week

These are the best-selling books for the past week.

 

jacket Higher Education in America by Derek Bok
jacket The Warbler Guide by Tom Stephenson and Scott Whittle
jacket Tesla: Inventor of the Electrical Age by W. Bernard Carlson
jacket The Gamble: Choice and Chance in the 2012 Presidential Election by John Sides and Lynn Vavreck
jacket The Great Escape: Health, Wealth, and the Origins of Inequality by Angus Deaton
jacket The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger by Marc Levinson
jacket The 5 Elements of Effective Thinking by Edward B. Burger & Michael Starbird
jacket Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change by Edmund Phelps
jacket An Uncertain Glory: India and Its Contradictions by Jean Drèze & Amartya Sen
jacket How to Solve It: A New Aspect of Mathematical Method by G. Polya

Strategy & Business Gives “Mass Flourishing” A Thumbs Up

Mass FlourishingTheodore Kinni of Strategy & Business reviewed Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change this week, saying:

“I…find his values-driven view of national prosperity fascinating—and applicable to corporate and personal prosperity. If innovation and the prosperity it yields stem from the values to which we subscribe as individuals, organizations, and nations, it stands to reason that we should be paying a great deal of attention to the particular values we adopt and espouse.”
― Theodore Kinni, Strategy-Business.com

To check out the full article, click here.
In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument about what makes nations prosper–and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but “flourishing”–meaningful work, self-expression, and personal growth for more people than ever before? Phelps makes the case that the wellspring of this flourishing was modern values such as the desire to create, explore, and meet challenges. These values fueled the grassroots dynamism that was necessary for widespread, indigenous innovation. Most innovation wasn’t driven by a few isolated visionaries like Henry Ford; rather, it was driven by millions of people empowered to think of, develop, and market innumerable new products and processes, and improvements to existing ones. Mass flourishing–a combination of material well-being and the “good life” in a broader sense–was created by this mass innovation.

Yet indigenous innovation and flourishing weakened decades ago. In America, evidence indicates that innovation and job satisfaction have decreased since the late 1960s, while postwar Europe has never recaptured its former dynamism. The reason, Phelps argues, is that the modern values underlying the modern economy are under threat by a resurgence of traditional, corporatist values that put the community and state over the individual. The ultimate fate of modern values is now the most pressing question for the West: will Western nations recommit themselves to modernity, grassroots dynamism, indigenous innovation, and widespread personal fulfillment, or will we go on with a narrowed innovation that limits flourishing to a few?

A book of immense practical and intellectual importance, Mass Flourishing is essential reading for anyone who cares about the sources of prosperity and the future of the West.

Edmund Phelps was the 2006 Nobel Laureate in economics. He is director of the Center on Capitalism and Society at Columbia University. His many books include Designing Inclusion, Rewarding Work, and Seven Schools of Macroeconomic Thought.