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CHANGING FORTUNES

THE WORLD'S MONEY AND THE DECLINE OF AMERICAN SUPREMACY

Insightful appraisals of the global monetary order from a pair of technocrats who played key roles in shaping its past, present, and future. This study grew out of a series of seminars at Princeton conducted by Volcker (former chairman of the Federal Reserve Board) and Gyohten (until his recent retirement, a senior official in Japan's Ministry of Finance) during the spring of 1991. Here, they take turns surveying the postwar history of the world's monetary system, from the Bretton Woods era of stable currencies through the latter-day problems caused by floating exchange rates. Along their way, the authors assess the impact of so-called oil shocks, the Smithsonian accord (which put paid to the gold standard), the Latin American debt crisis, and other landmark events. Covered as well is the emergence of Japan and Germany and its EC partners as economic powers to be reckoned with, and the relative decline of a once- dominant US. Volcker and Gyohten both tend to address their common subject in ways that conform to, if not confirm, national stereotypes. Throughout, the American is blunt, albeit fundamentally optimistic about prospects for the US and the wider world. By contrast, Gyohten, while candid about the altered state of the ties that still bind Japan and the US, is circumspect, even conciliatory, stressing the historic success of a grand alliance while soft-pedaling the uncertainties that cloud its future. The odd couple agree on any number of points—that strong currencies afford a competitive edge on the home front as well as in international commerce; that regional trading blocs could lead to undesirable protectionism; that monetary and fiscal policies must be coordinated on a supranational basis, etc. Illuminating and accessible perspectives on a topic of vital interest to us all.

Pub Date: May 1, 1992

ISBN: 0-8129-2018-X

Page Count: 352

Publisher: Times/Henry Holt

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: April 1, 1992

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KILLERS OF THE FLOWER MOON

THE OSAGE MURDERS AND THE BIRTH OF THE FBI

Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.

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Greed, depravity, and serial murder in 1920s Oklahoma.

During that time, enrolled members of the Osage Indian nation were among the wealthiest people per capita in the world. The rich oil fields beneath their reservation brought millions of dollars into the tribe annually, distributed to tribal members holding "headrights" that could not be bought or sold but only inherited. This vast wealth attracted the attention of unscrupulous whites who found ways to divert it to themselves by marrying Osage women or by having Osage declared legally incompetent so the whites could fleece them through the administration of their estates. For some, however, these deceptive tactics were not enough, and a plague of violent death—by shooting, poison, orchestrated automobile accident, and bombing—began to decimate the Osage in what they came to call the "Reign of Terror." Corrupt and incompetent law enforcement and judicial systems ensured that the perpetrators were never found or punished until the young J. Edgar Hoover saw cracking these cases as a means of burnishing the reputation of the newly professionalized FBI. Bestselling New Yorker staff writer Grann (The Devil and Sherlock Holmes: Tales of Murder, Madness, and Obsession, 2010, etc.) follows Special Agent Tom White and his assistants as they track the killers of one extended Osage family through a closed local culture of greed, bigotry, and lies in pursuit of protection for the survivors and justice for the dead. But he doesn't stop there; relying almost entirely on primary and unpublished sources, the author goes on to expose a web of conspiracy and corruption that extended far wider than even the FBI ever suspected. This page-turner surges forward with the pacing of a true-crime thriller, elevated by Grann's crisp and evocative prose and enhanced by dozens of period photographs.

Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.

Pub Date: April 18, 2017

ISBN: 978-0-385-53424-6

Page Count: 352

Publisher: Doubleday

Review Posted Online: Feb. 1, 2017

Kirkus Reviews Issue: Feb. 15, 2017

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NIGHT

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the...

Elie Wiesel spent his early years in a small Transylvanian town as one of four children. 

He was the only one of the family to survive what Francois Maurois, in his introduction, calls the "human holocaust" of the persecution of the Jews, which began with the restrictions, the singularization of the yellow star, the enclosure within the ghetto, and went on to the mass deportations to the ovens of Auschwitz and Buchenwald. There are unforgettable and horrifying scenes here in this spare and sombre memoir of this experience of the hanging of a child, of his first farewell with his father who leaves him an inheritance of a knife and a spoon, and of his last goodbye at Buchenwald his father's corpse is already cold let alone the long months of survival under unconscionable conditions. 

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the sphere of suffering shared, and in this case extended to the death march itself, there is no spiritual or emotional legacy here to offset any reader reluctance.

Pub Date: Jan. 16, 2006

ISBN: 0374500010

Page Count: 120

Publisher: Hill & Wang

Review Posted Online: Oct. 7, 2011

Kirkus Reviews Issue: Jan. 15, 2006

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