Category: Books

George Washington as Entrepreneur

(p. C7) While Washington was only an adequate battlefield general, Edward G. Lengel, who oversees George Washington’s papers at the University of Virginia, makes a strong case in “First Entrepreneur” that he was a superb military administrator–skills he learned as a young man serving in the French and Indian War as an aide-de-camp for commanding officers. By carefully monitoring all aspects of the complex business of running a military operation, he held his ragtag army together despite a frequent lack of money, clothing, weapons and food. Without Washington’s management, the Continental Army would likely have disintegrated and the Revolution fizzled out. Mr. Lengel brings needed attention to this vital and neglected aspect of Washington’s generalship.
Washington was also a superb administrator of his own assets. Born to modest wealth, he married into much more and worked hard and creatively to maximize his return on investment. By the end of his life he was one of the new country’s richest men.
Tobacco, the cash crop that had brought prosperity to Virginia, was declining in profitability by the mid-18th century. It exhausted the soil, and prices had been falling on the British market. Washington began to rotate and diversify his crops, import better seed, and exploit Mount Vernon’s other assets, such as the springtime fish runs up the Potomac.
By the end of his life, Washington was not only growing new crops but manufacturing as well, turning his wheat production into both whiskey and flour. When the American inventor Oliver Evans developed a new, more productive type of flour mill, Washington quickly installed one. When the king of Spain sent him a donkey, named Royal Gift, Washington put him to work fathering mules, which were more efficient than horses at farm work. As Mr. Lengel makes clear, Washington was always a bottom-line man, a fact that makes this often remote figure more human.

For the full review, see:

JOHN STEELE GORDON. “Washington Discovers America; Washington traveled through all 13 states to promote the newborn federal government.” The Wall Street Journal (Sat., Feb. 13, 2016): C7.

(Note: the online version of the story has the date Feb. 12, 2016.)

The book under review, is:
Lengel, Edward G. First Entrepreneur: How George Washington Built His–and the Nation’s–Prosperity. Philadelphia, PA: Da Capo Press, 2016.

Bernanke’s “Astonishing” Admission that He Tried, and Failed, to Save Lehman

(p. B1) It is astonishing to hear a former Federal Reserve chairman acknowledge that he may have misled the public as part of an agreement with another senior government official about one of the most crucial moments in recent financial history — and that he now questions whether he should have “been more forthcoming.” But that is what Ben S. Bernanke says in his new memoir, “The Courage to Act: A Memoir of a Crisis and Its Aftermath.”
That crucial moment? The bankruptcy of Lehman Brothers. Mr. Bernanke, in perhaps the most candid explanation of Lehman’s 2008 collapse, writes that he and Henry M. Paulson, then the treasury secretary, purposely obfuscated when asked about Lehman’s demise early on, allowing a narrative to develop that the government had purposely let the firm fail.
“In congressional testimony immediately after Lehman’s collapse, Paulson and I were deliberately quite vague when discussing whether we could have saved Lehman,” Mr. Bernanke writes. “But we had agreed in advance to be vague because we were intensely concerned that acknowledging our inability to save Lehman would hurt market confidence and increase pressure on other vulnerable firms.”
. . .
(p. B4) He writes that it was simply impossible to save Lehman, pointing to the nearly $200 billion of losses that Lehman’s creditors have since suffered. No one has come forward on the record, nor has any contemporaneous document been produced in the past seven years that said the government had found a way to save the company and specifically chose not to do so for political reasons, a point Mr. Bernanke alludes to in his book. “I do not want the notion that Lehman’s failure could have been avoided, and that its failure was consequently a policy choice, to become the received wisdom, for the simple reason that it is not true,” he writes. “We did everything we could think of to avoid it.”

For the full commentary, see:
Sorkin, Andrew Ross. “In Bernanke’s Memoir, a Candid Look at Lehman.” The New York Times (Tues., OCT. 6, 2015): B1 & B4.
(Note: ellipsis added.)
(Note: the online version of the commentary has the date OCT. 5, 2015, and has the title “In Ben Bernanke’s Memoir, a Candid Look at Lehman Brothers’ Collapse.”)

The Bernanke memoir is:
Bernanke, Ben S. The Courage to Act: A Memoir of a Crisis and Its Aftermath. New York: W. W. Norton & Co., 2015.

“Minds Feel More Crimped, Fear More Pervasive, Possibility More Limited”

Maybe to lead happy or satisfying lives, we need more adventure, or more projects (hard and important ones) to commit ourselves to?

(p. 19) Freedom is still out there. We all have our idea of it, the deferred dream. Your psyche builds layers of protection around your most vulnerable traits, which may be closely linked to that precious essence in which freedom resides. Freedom is inseparable from risk.

. . .
I don’t know if the world is freer than a half-century ago. On paper, it is. The totalitarian Soviet Imperium is gone. The generals who bossed Latin America are gone, generally. Asia has unshackled itself and claims this century as its own. Media has opened out, gone social.
Yet minds feel more crimped, fear more pervasive, possibility more limited, adventure more choreographed, politics more stale, economics more skewed, pressure more crushing, escape more elusive.
. . .
Which brings me to Finnegan’s wonderful book, a kind of hymn to freedom and passion. Freedom is inside you. It’s the thing that cannot be denied. For Finnegan, that’s surfing and writing. “How could you know your limits unless you tested them?” he asks — a question as true before the ferocious energy of the wave as before the infinite possibilities of the written form.

For the full commentary, see:
Cohen, Roger. “Ways to Be Free.” The New York Times (Sat., JAN. 23, 2016): A19.
(Note: ellipses added.)
(Note: the online version of the commentary has the date JAN. 21, 2016.)

The Finnegan book praised in the passage quoted above, is:
Finnegan, William. Barbarian Days: A Surfing Life. New York: Penguin Press, 2015.

Gladwell Gladly Blurbs Good Books

(p. D10) When Malcolm Gladwell was asked to write a blurb for the 2005 book “Freakonomics, ” he did not explain that it explored the dynamics of the Ku Klux Klan or the impact of naming a child “Loser.” Instead, the New Yorker writer and best-selling author of “The Tipping Point” and “Blink” simply wrote, “Prepare to be dazzled.”
“Freakonomics” became a best seller.
. . .
According to Mr. Gladwell, his sausage is simple: He writes blurbs because people ask him to, and he does not overthink what to say. “People will show you a book and you think, ‘It’s cool,'” he said. “You want people to read it. I feel like we have to promote ourselves.”
For the paperback version of “Stumbling on Happiness,” a book about imagination and happiness written by his professional acquaintance, the Harvard University psychologist Daniel Gilbert, Mr. Gladwell raved, imploring readers: “Trust me.” He also wrote a guest review on Amazon.
And he tweets recommendations freely to his 336,000 followers, as he did for the release of Fareed Zakaria’s new book, “In Defense of a Liberal Education” in April. “Fareed Zakaria’s new book is brilliant!” he wrote, adding a handy link to Amazon.
. . .
He is nothing if not loyal. Last July [2015], the authors of “Freakonomics” released the paperback edition of their latest book, “Think Like A Freak.” Malcolm Gladwell was on the cover again, this time saying, “Utterly captivating.”

For the full story, see:
LAURA M. HOLSON. “Master of the Compelling, Captivating, Dazzling Blurb.” The New York Times (Thurs., DEC. 17, 2015): D10.
(Note: elipses, and bracketed year, added.)
(Note: the online version of the story has the date DEC. 16, 2015, and has the title “Malcolm Gladwell Hands Out Book Blurbs Like Santa Does Presents.”)

Federal Government “Deputized” the Ku Klux Klan to Enforce Prohibition Against “Immigrants, Catholics and African-Americans”

(p. C4) . . . in her new book, “The War on Alcohol: Prohibition and the Rise of the American State” (W. W. Norton), the historian Lisa McGirr tells anything but a nostalgic story. The 18th Amendment, she argues, didn’t just give rise to vibrant night life and colorful, Hollywood-ready characters, like Isidor Einstein, New York’s celebrated “Prohibition Agent No. 1.” More enduringly, and tragically, it also radically expanded the federal government’s role in law enforcement, with consequences that can be seen in the crowded prisons of today.
In The New York Times Book Review, James A. Morone writes that the book “could have a major impact on how we read American political history.” In a recent email interview, Ms. McGirr, a professor at Harvard, discussed Prohibition’s political legacy, the surprising enforcement role of the Ku Klux Klan and the character from her story she’d most like to have a drink with. Below are excerpts from the conversation.
. . .
Q. You argue that Prohibition gave rise to today’s “penal state.” How did that happen?
A. By birthing a new national obsession with crime, Prohibition — and the violence that came with it — pushed the federal government in the direction of policing and surveillance. This was the moment that saw the first national crime commission, the birth of the Uniform Crime Reports, an expanded prison system and the establishment of the Federal Bureau of Narcotics. The F.B.I. also won expanded authority.
. . .
Q. You describe how the Ku Klux Klan helped enforce Prohibition in places like Williamson County, Ill., where federal authorities deputized its members to conduct sometimes deadly raids on distilleries, bars and private homes — taking particular aim at Italian immigrants. What made the Klan such an ally in the war on alcohol?
A. The Klan sold itself to white Protestant evangelicals as a law enforcement organization, winning droves of recruits with its promise to clamp down on bootlegging. There were plenty of Klansmen who imbibed, but that did not stop them from leveraging the law to target the drinking of the presumed enemies of white Protestant nationalism: immigrants, Catholics and African-Americans.

For the full interview, see:
JENNIFER SCHUESSLER, interviewer. “A Word with Lisa McGirr; Throwing a Cold Splash on Prohibition Nostalgia.” The New York Times (Thurs., DEC. 31, 2015): C4.
(Note: ellipses added; bold in original.)
(Note: the online version of the interview has the date DEC. 30, 2015, and has the title “Lisa McGirr Discusses ‘The War on Alcohol’ and the Legacy of Prohibition.”)

The book under discussion, is:
McGirr, Lisa. The War on Alcohol: Prohibition and the Rise of the American State. New York: W. W. Norton & Co., Inc., 2015.

“Gleefully” Using Climate Change “as an Opportunity to Put an End to Capitalism”

(p. B9) . . . , Peter Victor of York University in Canada published a study titled “Growth, degrowth and climate change: A scenario analysis,” in which he compared Canadian carbon emissions under three economic paths to the year 2035.
Limiting growth to zero, he found, had a modest impact on carbon spewed into the air. Only the “de-growth” situation — in which Canadians’ income per person shrank to its level in 1976 and the average working hours of employed Canadians declined by 75 percent — managed to slash emissions in a big way.
. . .
Let’s examine what our fossil-fueled growth has provided us. It has delivered gains in living standards in even the poorest regions of the world.
But that’s only the beginning. Economic development was indispensable to end slavery. It was a critical precondition for the empowerment of women.
Indeed, democracy would not have survived without it. As Martin Wolf, the Financial Times commentator has noted, the option for everybody to become better off — where one person’s gain needn’t require another’s loss — was critical for the development and spread of the consensual politics that underpin democratic rule.
Zero growth gave us Genghis Khan and the Middle Ages, conquest and subjugation. It fostered an order in which the only mechanism to get ahead was to plunder one’s neighbor. Economic growth opened up a much better alternative: trade.
The Oxford economist Max Roser has some revealing charts that show the deadliness of war across the ages. It was a real killer in the era of no growth. Up to half of all deaths among hunter-gatherers, horticulturalists and other ancient cultures were caused by conflict.
. . .
Naomi Klein, a champion of the leftward fringe newly converted to the environmental cause, gleefully proposes climate change as an opportunity to put an end to capitalism. Were she right, I doubt it would bring about the workers’ utopia she appears to yearn for. In a world economy that does not grow, the powerless and vulnerable are the most likely to lose. Imagine “Blade Runner,” “Mad Max” and “The Hunger Games” brought to real life.

For the full commentary, see:
Porter, Eduardo. “Economic Scene; No Growth, No World? Think About It.” The New York Times (Weds., DEC. 2, 2015): B1 & B9.
(Note: ellipses added.)
(Note: the online version of the commentary has the date DEC. 1, 2015, and has the title “Economic Scene; Imagining a World Without Growth.”)

The Victor paper mentioned above, is:
Victor, Peter A. “Growth, Degrowth and Climate Change: A Scenario Analysis.” Ecological Economics 84, no. 1 (Dec. 2012): 206-12.

The Roser charts, mentioned above, can be found at:
Roser, Max. Ethnographic and Archaeological Evidence on Violent Deaths 2015 [accessed Fri., Jan. 22, 2016]. Available from http://ourworldindata.org/data/violence-rights/ethnographic-and-archaeological-evidence-on-violent-deaths/.

The Klein book seeking to end capitalism, is:
Klein, Naomi. This Changes Everything: Capitalism vs. The (sic) Climate. New York: Simon & Schuster, 2014.

Those on the Scene Matter for Outcome of Crisis

Amanda Ripley has argued that in many disasters, it is not the well-trained “first responders” who matter most for the outcome, but those who happen to be close to the scene. The problem is that often the “first responders” do not arrive soon enough to save lives or head off the crisis. The story sketched in the passages quoted below, seems to be another example for her thesis.

(p. B1) “We had a one-minute warning,” recalled Dr. Lax, a mathematician who was the director of the university’s computer center at the time. “The son of a friend ran in” and shouted that the demonstrators were coming for the computer, he said. “It was too late to call the police and fortify.”
. . .
Jürgen Moser, a mathematician who was the director of the Courant Institute, the university’s prestigious math research center, tried to stop the demonstrators when they swarmed into Warren Weaver Hall. According to a chapter in a biography of Dr. Lax by Reuben Hersh, Dr. Moser, who died in 1999, said he was “pushed and shoved around, and was unable to deter them.”
. . .
After a two-day occupation, the protesters decided to end the takeover. But they did not carry out everything they had taken in, as two assistant professors, Frederick P. Greenleaf and Emile C. Chi, discovered when they ran in.
“We thought, ‘Let’s go take a look before the place gets locked down,’ ” Dr. Greenleaf recalled last week. “They had knocked the doorknobs off the door so you couldn’t open it.”
But there was a small window, high up in the door, and they peered in. “We could see there was an improvised toilet paper fuse,” he said. “It was slowly burning its way to a bunch of containers, bigger than gallon jugs. They were sitting on the top of the computer.”
. . .
Already, he said, smoke was curling under the door.
He and Professor Chi grabbed a fire extinguisher in the stairwell.
The only way to douse the fuse was to aim the fire extinguisher under the door. The only way to know where to aim it was to look through the window in the door, which was too high for whoever was operating the fire extinguisher to look through and aim at the same time.
So one functioned as the eyes for the pair, sighting through the window and directing the other to point the fire extinguisher up or down or left or right. “In a minute, we had managed to spritz the fuse,” Dr. Greenleaf said.

For the full story, see:
JAMES BARRON. “Grace Notes; The Mathematicians Who Saved a Kidnapped N.Y.U. Computer.” The New York Times (Mon., DEC. 7, 2015): A17.
(Note: ellipses added.)
(Note: the online version of the story has the date DEC. 6, 2015, and has the title “Grace Notes; The Mathematicians Who Ended the Kidnapping of an N.Y.U. Computer.”)

The Ripley book mentioned above, is:
Ripley, Amanda. The Unthinkable: Who Survives When Disaster Strikes – and Why. New York: Crown Publishers, 2008.

Open Offices Are “an Absurd Attack on Concentration”

(p. A11) Mr. Newport acknowledges the good intentions behind open offices: They are meant to encourage serendipity and teamwork. But he argues that burdening workers with perpetual distractions constitutes “an absurd attack on concentration” that creates “an environment that thwarts attempts to think seriously.” Sure, there’s collaboration–not least the unspoken camaraderie among coworkers who have shared in the cringe-inducing experience of hearing a colleague castigate her spouse over the phone.
Mr. Newport, a computer science professor at Georgetown, is the unusual academic who will sully himself with matters as practical as: How can a talented employee rack up the rarefied and acute skills–writing, coding, scouring the latest mergers and acquisitions–that make someone indispensable? His answer? Expanding your capacity for “deep work,” ruthlessly weeding out distractions and regularly carving out stretches of time to sharpen abilities. Mr. Newport explains why honing an ability to concentrate can yield enormous professional payouts. Then he lays out rules for becoming one such rare bird.
Most corporate workers, Mr. Newport argues, don’t have clear feedback about how to spend their time. As a result, employees use “busyness as a proxy for productivity,” which Mr. Newport describes aptly as “doing lots of stuff in a visible manner”–blasting out emails, for instance, or holding meetings on superficial progress on some project.
. . .
The book’s best example is the Pulitzer Prize winning Lyndon Johnson biographer Robert A. Caro, known for working on a meticulous schedule in his Manhattan office dressed in a coat and tie “so that he never forgets when he sits down with his research that he is going to work,” as one profile of Mr. Caro put it.

For the full review, see:
KATE BACHELDER. “BOOKSHELF; Will You Please Be Quiet, Please?; Yes, open offices cultivate camaraderie–among coworkers who all cringe as a colleague shouts at her soon-to-be ex-husband over the phone.” The Wall Street Journal (Weds., Jan. 20, 2016): A11.
(Note: ellipsis added, italics in original.)
(Note: the online version of the review has the date Jan. 19, 2016.)

The book under review, is:
Newport, Cal. Deep Work: Rules for Focused Success in a Distracted World. New York: Grand Central Publishing, 2016.

Regulations Slow Eradication of Cancer

(p. D3) . . . the triumph of chemotherapy for Hodgkin’s and then for many other tumors opened an interlocking series of dilemmas. In the clinic and the hospital, the new protocols demanded that doctors muster the courage to make their patients very sick in order to make them well. But how sick was too sick? The risks and benefits of the powerful treatments now needed careful, deliberate assessment at every stage of the disease.
Similar questions dogged those who developed, evaluated and regulated the drugs. How poisonous could these agents safely be? How assiduously should desperate patients be saved by their government from pharmaceutical risk?
Dr. DeVita stands firmly among those affirming cancer patients’ right to aggressive treatment. One particular exchange summarizes his philosophy: “Do your patients speak to you after you do this to them?” one skeptic asked him early on. “The answer is yes,” he replied, “and for a lot longer.”
The regulatory caution of the Food and Drug Administration has been a thorn in his side for decades: “I’d like to be able to say that as cancer drugs have become increasingly more complex and sophisticated, the F.D.A. has as well. But it has not.” In fact, he writes, “the rate-limiting step in eradicating cancer today is not the science but the regulatory environment we work in.”

For the full review, see:
ABIGAIL ZUGER, M.D. “An Unbowed Warrior.” The New York Times (Tues., Dec.. 1, 2015): D3.
(Note: ellipsis added.)
(Note: the online version of the review has the date NOV. 30, 2015, and has the title “Review: Science and Politics Collide in ‘The Death of Cancer’.”)

The book under review, is:
DeVita, Vincent T., and Elizabeth DeVita-Raeburn. The Death of Cancer: After Fifty Years on the Front Lines of Medicine, a Pioneering Oncologist Reveals Why the War on Cancer Is Winnable–and How We Can Get There. New York: Sarah Crichton Books, 2015.

Madison Revised Notes to Aid Jefferson’s Attack on Hamilton

C-SPAN Book TV today played an extended interview with Mary Sarah Bilder about her book on James Madison’s notes on the constitutional convention. Madison revised his notes to share with Jefferson, who had not been present during the convention. Chernow, in his biography of Hamilton, reports how Jefferson criticized Hamilton for aristocratic tendencies. What is most surprising about Bilder’s comments is that Madison had made comments at the convention similar to Hamilton’s discussing whether there might be merits to monarchy. But in his revision of the notes, he deleted those comments before passing the notes to Jefferson, presumably as part of his desire to ally himself more closely with Jefferson and to join in Jefferson’s vilification of Hamilton.
This is not an earth-shattering finding, but it adds support to Chernow’s defense of Hamilton. Jefferson was the slave-holding aristocrat in practice, while Hamilton opposed slavery, and Hamilton’s intellectual speculations on the best form of government were not notably monarchist within the context of the time.

The book discussed on C-SPAN, was:
Bilder, Mary Sarah. Madison’s Hand: Revising the Constitutional Convention. Cambridge, MA: Harvard University Press, 2015.

The Chernow book I mention above, is:
Chernow, Ron. Alexander Hamilton. New York: The Penguin Press, 2004.

Was “the Naturally Aloof” Washington, an Introvert?

(p. C6) In “The Washingtons,” an ambitious, well-researched and highly readable dual biography, Flora Fraser has worked hard, despite the limited documentation that is available, to portray George and Martha, and their extended family, as fully rounded, flesh-and-blood people, freeing them from the heavy brocade of hagiography.
. . .
Her social graces, . . . , served the naturally aloof George well during his eight increasingly trying years as president. Martha had a way of keeping conversation flowing around her, Ms. Fraser says, while George’s “silences could unnerve the most confident.” An official dinner with the Washingtons could be an ordeal, since George was a terrible conversationalist and was known to sit silently tapping his spoon against the table, obviously impatient for the evening to end.

For the full review, see:
FERGUS M. BORDEWICH. “Domestic Tranquility; Martha kept conversation flowing at dinner; George’s silences ‘could unnerve the most confident.'” The Wall Street Journal (Sat., Nov. 14, 2015): C6.
(Note: ellipses added.)
(Note: the online version of the review has the date Nov. 13, 2015.)

The book under review, is:
Fraser, Flora. The Washingtons: George and Martha, “Join’d by Friendship, Crown’d by Love”. New York: Alfred A. Knopf, 2015.