Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America

Griftopia coverGriftopia, Rolling Stone writer Matt Taibbi’s book-length rant against Wall Street’s greed can be quite entertaining and is occasionally enlightening.

One of the book’s early chapters, entitled “The Biggest A**hole in the Universe,” provide the author’s (rather strong) views on Alan Greenspan.  Goldman Sachs wears the “bull’s eye” for much of the book, but he still find time to complain about the failure of Democrats to truly reform the nation’s health care system.

All in all, if you are looking for good information and deep insights into the 2008 financial implosion, I recommend Broke, U.S.A. and The Big Short.

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Proofiness: The Dark Arts of Mathematical Deception

"Proofiness" coverIn Proofiness, author Charles Seife explores the power of numbers in our lives, especially specious numbers, and argues that they undermine our democracy.  His discussion of bogus mathematical arguments draws on real world events, and he presents an interesting analysis of the Coleman-Franken Minnesota recount and the Bush-Gore presidential recount.  Unfortunately, people on both sides of the political spectrum fall into the traps of falsified statistics.

Read reviews from the New York Times and the Washington Post.

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The Master Switch: The Rise and Fall of Information Empires

Tim Wu’s “The Master Switch” is a great read at a number of different levels.  At one level, it is an interesting history of the information and telecommunications industries in the United States — telephony, radio and television, film and the Internet.  But Wu is a policy advocate, and the last third of the book explore currents events (including the AOL-Time Warner merger).  He discusses the differences between “open” systems and “closed” systems, and falls squarely on the “open” side of the specturm.

Wu’s policy recommendation is to keep the components — content, network, and access tools — in different hands.  Our history shows that in most cases, one company will try to vertically integrate all three components (as AT&T did for much of the 20th century).  In Wu’s view, consumers suffer as a result.

Discussion from the Washington Post, and book reviews from the Wall Street Journal and Good Reads.

Highly recommended for internet geeks and public policy geeks, and for anyone who knows who Harry Tuttle was.

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A Measureless Peril

Keeping up with the Winston Churchill theme, this book’s title is derived from a Churchill quote — describing his concern over the threat posed by the German U-boat campaign.

Author Richard Snow uses his father’s experience serving in the Navy to share the history of the battle for control of the Atlantic Ocean’s shipping lanes before and during World War II.  He offers a well-told story, and a personal perspective, of a fascinating chapter in American naval history.  Snow’s father served on a destroyer escort (DE), a stripped-down version of a destroyer which was designed to protect shippings convoys  from the the threat posed by U-boats.

Read reviews from the New York Times and on Good Reads.

563 destroyer escorts were built; just one survives today.  If you happen to be in New York’s Capital District, be sure to check out the restored U.S.S. Slater, which is docked in Albany on the Hudson River.

And if you happen to be in the Chicago area, check out the Museum of Science and Industry.  It is the home of U-505, the only German U-Boat in the United States.

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Last Call: The Rise and Fall of Prohibition

Winston Churchill called Prohibition “an affront to the whole history of mankind.”  In retrospect, it’s pretty amazing to think that it could happen at all — a constitutional amendment to prohibit all intoxicating beverages.

Daniel Okrent’s “Last Call: The Rise and Fall of Prohibition” (2010) provides an excellent history of the “dry” movement, and then a fascinating description of what happened when American’s drinks were taken away.  (Hint:  they didn’t stop drinking.)

Highly recommended for anyone interested in the politics of Prohibition and the birth of organized crime.  It also included some interesting “states rights” angles.  (Maryland, for example, simply refused to enforce the law.  New York enacted an alcohol prohibition, but later repealed it.)  Wayne Wheeler, uber-lobbyist for the Anti-Saloon League, is compared by Okrent to Karl Rove.

Read reviews from the NY Times, the Washington Post and the Christan Science Monitor.

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Hot Time in the Old Town

In “Hot Time in the Old Town,” Edward Kohn tells the largely forgotten story of the August 1896 heat wave that hit much of the eastern United States and caused the death of 1,500 New Yorkers.  The book focuses on the role of then-NYC Police Commissioner Teddy Roosevelt in providing some relief to those suffering from the heat, and a disastrous Madison Square Garden speech given by Democratic Presidential candidate William Jennings Bryan.

The author suggests that the crisis helped lay the groundwork for some economic and social reforms that were later enacted into law.

It’s a bit of a slow read, and some of the connections to Roosevelt and his “polices” are a bit tenuous.

Read the Wall Street Journal review and the New York Times review.

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The Irregulars

The Irregulars, Jennet Connant (2008) — Connant tells the interesting story of English agents in Washington D.C. before and during World War II. More gentlemanly than spies would later become, they included the authors Roald Dahl and Ian Fleming. This is largely about Dahl, an airman shot down early in the war who served his country by socializing with some of America’s leading figures.

NYT review here.

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We interrupt this blog…

…for some ultra-violent zombie mayhem.

I (along with my better half) am quite excited about Walking Dead, which is being made into an AMC series that will be shown this fall.  Having read most of what’s been published so far I will say this — the graphic novel rocks.

The director (who also directed The Shawshank Redemption and The Green Mile), said “I hope to do for zombies what Mad Men did for advertising executives.”

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Welcome to the new denrs.com site

I’m looking forward to playing around with WordPress, and seeing what I can do with it.

My thought it that this will be a good place to put book reviews and recommendations, but I might share another thought or two…

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