File under odd marketing ploy: Penguin UK is offering up 30 audio samples from their catalog of books for intrepid djs to incorporate into their mashups. (I think of got the lingo straight here, no?) Spoken word snippets are available from classic titles like The Great Gatsby, Moby Dick, and Nick Hornby’s How to be Good. So, as all media continue to converge toward a single point do not be surprised to find some “Call me Ishmael” in your hip hop.
After finding out the Harold Bloom has read pretty much everything there is to read, Sandra announced that she had contracted Bloom Syndrome: "a condition in which the sufferer is unable to read any work of literature unless it is deemed Significant by Harold Bloom." Luckily a number of readers provided various antidotes in the comments.
I took a peek at the Amazon page for The Adventures and Misadventures of Maqroll by Alvaro Mutis and was surprised to find that the book has vaulted to #533 in their sales rankings (the book previously sported a ranking in the hundred thousands.) Now, I know that Amazon rankings are next to meaningless, but still, it's pretty cool to know that my appearance on Weekend Edition Sunday sent readers looking to pick up the book. I don't think they'll be disappointed.
Every time the stock market crashes, someone gets famous for having predicted it. Though some will argue that there's always somebody arguing that armageddon is right around the corner (and that even a stopped clock is right twice a day), one of the voices who predicted our current economic crisis - banker and economic historian Charles R. Morris - is getting quite a bit of praise on Wall Street and his recently released book, The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash, is selling like hotcakes.Thanks to our 24-hour news cycle, newsworthy events (9/11, Katrina, elections, the Red Sox winning the World Series, etc.) often spawn books that are rushed into print so that they can be in front of readers before the next headline has taken the spotlight. Morris' book is unique in that it's not a rush job, he began formulating the ideas behind it back in 2005, basing his pessimistic view on the activities of hedge funds and other Wall Street firms. As a recent NPR interview put it, "He ran a company that created the software investment banks and hedge funds use to build these new, exotic credit instruments. And he saw how they used his software, and thought, 'This is crazy,' he says. 'I was sure that people weren't keeping track of the trends so they had proper margins and collateral and so forth.'"For those interested in the topic, the NPR interview linked above is good, as is The Economist's review, which explains just how far back the roots of the crisis go, in Morris' estimation, "Mr Morris deftly joins the dots between the Keynesian liberalism of the 1960s, the crippling stagflation of the 1970s and the free-market experimentation of the 1980s and 1990s, before entering the world of ultra-cheap money and financial innovation gone mad."At Foreign Policy Morris has offered up an 8-step explanation for what exactly went wrong and gives some insight into what happens next. Despite some technical terminology, this article should prove quite illuminating for those bewildered by our current economic crisis.
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