Category: Books

Robert Morris Financed the Revolutionary War, and Private Ventures, But Ended in Debtors’ Prison

(p. C7) The Philadelphia merchant banker Robert Morris, reputedly the richest man in Revolutionary America, performed prodigies in financing the war and then staving off the new country’s insolvency. He was bullish on America’s future, and when he returned to private life in 1784, he initiated a variety of ventures–a fleet of ships trading with China and India, multiple manufacturing enterprises, and, not least, vast assemblages of unimproved interior land–that eventually landed him in debtors’ prison. Ryan K. Smith offers a readable and enlightening portrait of this busy and turbulent life in “Robert Morris’s Folly.”

For the full review, see:
CHARLES R. MORRIS. “Financing the Founders; Morris built a French-style palace out of Pennsylvania logs in the hope that Marie Antoinette would visit.” The Wall Street Journal (Sat., AUG. 30, 2014): C7.
(Note: the online version of the review has the date AUG. 29, 2014, and has the title “Book Review: ‘Robert Morris’s Folly’ by Ryan K. Smith; Robert Morris built a French-style palace out of Pennsylvania logs in the hope that Marie Antoinette would visit.”)

The book being reviewed is:
Smith, Ryan K. Robert Morris’s Folly: The Architectural and Financial Failures of an American Founder, The Lewis Walpole Series in Eighteenth-Century Culture and History. New Haven, CT: Yale University Press, 2014.

Steelcase Designs Quiet Space for Introverts to Think

(p. D2) Introverts’ nervous systems are more sensitive to stimulation than extroverts’ are, according to Susan Cain, author of “Quiet: The Power of Introverts in a World That Can’t Stop Talking.”
“When introverts get too much stimulation, they feel overwhelmed and jangled,” she said.
With no privacy or way to shield themselves from the commotion, introverts, estimated to make up one-third to one-half of the population, can feel exposed in the modern workplace. Being on display is imposing and distracting to them, Cain said.
Office furniture maker Steelcase Inc. is trying to give the left-behind introverts some love. Its new set of “quiet spaces,” designed in collaboration with Cain, aims to help introverts relax and focus away from the eyes of their coworkers.
. . .
Part of Steelcase’s pitch to potential customers: this is a talent issue. Why spend so much time and money recruiting employees if they can’t focus and work well in your space?

For the full story, see:
RACHEL FEINTZEIG. “How to Avoid that Sinking Feeling When in the Fish Bowl.” The Wall Street Journal (Tues., June 3, 2014): D2.
(Note: ellipsis added.)
(Note: the online version of the story has the date June 2, 2014, and has the title “For Office Introverts, a Room of One’s Own.”)

The book mentioned in the passage quoted is:
Cain, Susan. Quiet: The Power of Introverts in a World That Can’t Stop Talking. New York: Crown, 2012.

FDR Ruthlessly Manipulated Political Process

(p. D8) Michael C. Janeway, a former editor of The Boston Globe and executive editor of The Atlantic Monthly who wrote two books chronicling what he saw as the intertwined decline of democracy and journalism in the United States, died on Thursday [April 17, 2014] at his home in Lakeville, Conn.
. . .
The second book, “The Fall of the House of Roosevelt: Brokers of Ideas and Power From FDR to LBJ,” published in 2004, measured some of the ideas in his first book against the history of the New Deal. It focused on President Franklin D. Roosevelt’s inner circle of advisers, a group of political operatives and thinkers often called Roosevelt’s “brain trust,” who helped conceive ideas like the minimum wage, Social Security and federal bank deposit insurance.
Mr. Janeway’s father, Eliot Janeway, an economist, Democratic hand and columnist for Time magazine (a portfolio not unheard-of in those days), was a prominent member of that group.
Michael Janeway suggested that in undertaking the radical changes necessary to yank the “shattered American capitalist system into regulation and reform,” Roosevelt and his team manipulated the political process with a level of ruthlessness that may have been justified by the perils of the times. But in the years that followed, he wrote, the habit of guile and highhandedness devolved into the kind of arrogance that defined — and doomed — the presidency of Lyndon B. Johnson, Roosevelt’s last political heir.

For the full obituary, see:
PAUL VITELLO. “Michael Janeway, 73, Former Editor of The Boston Globe.” The New York Times (Sat., APRIL 19, 2014): D8.
(Note: ellipsis, and bracketed date, added.)
(Note: the online version of the obituary has title “Michael Janeway, Former Editor of The Boston Globe, Dies at 73.”)

The book mentioned in the passage quoted above is:
Janeway, Michael. The Fall of the House of Roosevelt: Brokers of Ideas and Power from FDR to LBJ, Columbia Studies in Contemporary American History. New York: Columbia University Press, 2004.

Shetl Golden Age Ended When “Russia Repurposed Shtetl Jews as Scapegoats”

(p. 15) Smuggling looms large not only in the economy of Petrovsky-Shtern’s shtetl but for its symbolism, too. The author is interested in the way aspects of one world slide inside another. His golden-age shtetl was born when Russia swallowed a giant slice of Poland at the end of the 18th century and went from having few Jews to overseeing vast numbers of them, many of whom lived in privately owned Polish towns.
These towns are the essential ingredients of the hybrid world Petrovsky-Shtern is celebrating. Polish nobles had permitted Jews to live there on the condition that they ran the outdoor markets, sold liquor and in general acted as engines of trade. When the towns fell under Russian rule, Jews retained many of their economic privileges while expanding their civil rights, especially after they displayed a willingness to inform on their erstwhile Polish overlords.
Shtetl dwellers became adept at playing the declining Polish nobility off against bribable Russian officials. The czar had not yet laid his heavy hand on the trade by which shtetl Jews powered the economic growth of western Russia. Neither had he made nationalism the supreme ideology and Eastern Orthodoxy synonymous with Russian nationalism.
That would come, and as the Russian treasury bought up more and more of the private towns and trade died, Russia repurposed shtetl Jews as scapegoats for a restive peasant population.

For the full review, see:
JONATHAN ROSEN. “World of Our Great-Grandfathers.” The New York Times Book Review (Sun., July 27, 2014): 15.
(Note: the online version of the review has the date July 25, 2014.)

The book under review is:
Petrovsky-Shtern, Yohanan. The Golden Age Shtetl: A New History of Jewish Life in East Europe. Princeton, NJ: Princeton University Press, 2014.

“Folkman Persisted in His Genuinely Original Thinking”

(p. 141) As detailed by Robert Cooke in his 2001 book Dr. Folkman’s War, the successful answers to these basic questions took Folkman through diligent investigations punctuated by an astonishing series of chance observations and circumstances. Over decades, Folkman persisted in his genuinely original thinking. His concept was far in advance of technological and other scientific advances that would provide the methodology and basic knowledge essential to its proof, forcing him to await verification and to withstand ridicule, scorn, and vicious competition for grants. Looking back three decades later, Folkman would ruefully reflect: “I was too young to realize how much trouble was in store for a theory that could not be tested immediately.”

Source:
Meyers, Morton A. Happy Accidents: Serendipity in Modern Medical Breakthroughs. New York: Arcade Publishing, 2007.
(Note: italics in original.)

Less than One Percent of Government Spending Is Cost Effective

(p. A3) . . . , most Americans don’t think of their government as particularly successful. Only 19 percent say they trust the government to do the right thing most of the time, according to Gallup.
. . .
Of the 11 large programs for low- and moderate-income people that have been subject to rigorous, randomized evaluation, only one or two show strong evidence of improving most beneficiaries’ lives.
“Less than 1 percent of government spending is backed by even the most basic evidence of cost-effectiveness,” writes Peter Schuck, a Yale law professor, in his new book, “Why Government Fails So Often,” a sweeping history of policy disappointments.

For the full commentary, see:
David Leonhardt. “A Quiet Movement to Help Government Fail Less Often.” The New York Times (Tues., July 15, 2014): A3.
(Note: ellipses added.)
(Note: the last two paragraphs quoted above, were combined into one paragraph in the online version.)
(Note: the online version of the commentary has title “The Quiet Movement to Make Government Fail Less Often.”)

The book mentioned in the passage quoted above is:
Schuck, Peter. Why Government Fails So Often: And How It Can Do Better. Princeton, NJ: Princeton University Press, 2014.

Zambrano Was Cement Process Innovator

(p. A22) Beginning in 1992, Mr. Zambrano bought up far-flung producers to create the third-largest cement company in the world. He remade each new acquisition, introducing high technology and logistical efficiencies that made Cemex the subject of business school case studies at Harvard and the Massachusetts Institute of Technology.
From his own computer Mr. Zambrano could monitor any Cemex operation in more than 50 countries, said Rossana Fuentes-Berain, a Mexican journalist who wrote a 2007 book about Mr. Zambrano, “Grey Gold.”
What distinguished him was “the technology, the management and the hunger to prove that you can be as good as anybody in the market,” Ms. Fuentes-Berain said.

For the full obituary, see:
ELISABETH MALKIN. “Lorenzo Zambrano, 70, Leader of Cemex, Dies.” The New York Times (Thurs., May 15, 2014): A22.
(Note: the online version of the obituary has the date MAY 13, 2014, and has the title “Lorenzo H. Zambrano, Head of Cement Giant Cemex, Dies at 70.”)

The biography mentioned above, as of this posting, is only available in Spanish:
Fuentes-Berain, Rossana. Oro Gris: Zambrano, La Gesta de Cemex y la Globalizacion en Mexico. Aguilar, 2007.

Declaration and Constitution Built Upon Philosophical Radicals Locke, Spinoza, Epicurus and Lucretius

(p. C7) In Mr. Stewart’s telling, the central tenets of “philosophical radicalism” worked their way into the Declaration of Independence and the Constitution by a kind of ideological stealth. When, for example, Jefferson referred in the first paragraph of the Declaration to “the separate and equal station to which the Laws of Nature and of Nature’s God entitle” a nation, he wasn’t just offering a palatable conception of deity to his religious or nominally religious readers. He was drawing on a radical tradition stretching back to John Locke and especially to the Dutch rationalist Baruch Spinoza, who himself had drawn on the ancient Greek philosophers Epicurus and Lucretius.

For the full review, see:
BARTON SWAIM. “How Radical Were the Founders?; Was America’s revolution driven by political philosophers, or practical men reacting to events?” The Wall Street Journal (Sat., July 26, 2014): C7.
(Note: the online version of the review has the date July 25, 2014, and has the title “Book Review: ‘Nature’s God’ by Matthew Stewart & ‘Independence’ by Thomas P. Slaughter; Was America’s revolution driven by political philosophers, or practical men reacting to events?”)

The book discussed in the quoted passage is:
Stewart, Matthew. Nature’s God: The Heretical Origins of the American Republic. New York: W. W. Norton & Company, 2014.

Marxist Publisher Supports Justice of Intellectual Property Rights

(p. A1) The Marxist Internet Archive, a website devoted to radical writers and thinkers, recently received an email: It must take down hundreds of works by Karl Marx and Friedrich Engels or face legal consequences.
The warning didn’t come from a multinational media conglomerate but from a small, leftist publisher, Lawrence & Wishart, which asserted copyright ownership over the 50-volume, English-language edition of Marx’s and Engels’s writings.
To some, it was “uncomradely” that fellow radicals would deploy the capitalist tool of intellectual property law to keep Marx’s and Engels’s writings off the Internet. And it wasn’t lost on the archive’s supporters that the deadline for complying with the order came on the eve of May 1, International Workers’ Day.
. . .
(p. A4) . . . the libertarian Cato Institute enjoyed teasing its ideological adversaries with an I-told-you-so blog post titled, “Because Property Rights Are Important.”
. . .
The publisher . . . tried to turn the tables on its critics, questioning whether it was indeed radical to believe that there is no ownership of content produced through hard work, like the mammoth translation and annotation of Marx’s and Engels’s work, a project initially directed by the Soviet Union in the late 1960s that took some 30 years of collaboration among scholars across the world.
In a note on its site, Lawrence & Wishart said its critics were not carrying on the socialist and communist traditions, but reflecting a “consumer culture which expects cultural content to be delivered free to consumers, leaving cultural workers such as publishers, editors and writers unpaid, while the large publishing and other media conglomerates and aggregators continue to enrich themselves through advertising and data-mining revenues.”

For the full story, see:
NOAM COHEN. “Claiming a Marx Copyright? How Uncomradely.” The New York Times (Mon., May 1, 2014): A1 & A4.
(Note: ellipses added.)
(Note: the online version of the story has the date APRIL 30, 2014, and has the title “Claiming a Copyright on Marx? How Uncomradely.”)

In Finding Cure for Ulcers, Marshall Was Not Constrained by the Need to Obtain Approval or Funding

(p. 113) Marshall was a youthful maverick, not bound by traditional theory and not professionally invested in a widely held set of beliefs. There is such a thing as being too much of an insider. Marshall viewed the problem with fresh eyes and was not constrained by the requirement to obtain approval or funding for his pursuits. It is also noteworthy that his work was accomplished not at a high-powered academic ivory tower with teams of investigators but instead far from the prestigious research centers in the Western Hemisphere.
The delay in acceptance of Marshall’s revolutionary hypothesis reflects the tenacity with which long-held concepts are maintained. Vested interests–intellectual, financial, commercial, status–keep these entrenched. Dogmatic believers find themselves under siege by a new set of explanations.

Source:
Meyers, Morton A. Happy Accidents: Serendipity in Modern Medical Breakthroughs. New York: Arcade Publishing, 2007.