The Two-Income Trap
[Elizabeth Warren & Amelia Warren Tyagi]
2008/07/11 01:29 Filed in: Non-fiction
| Finance
At first Warrens' thesis seems counter-intuitive: two
income households today are less financially secure
than comparable single income households a generation
ago. This actually makes sense for a simple reason: if
a household plans for two incomes, loosing either
income is more dangerous because there is no safety
net. In single income households, if the main income
earner loses his or her job, the spouse can enter the
job force to fill a gap in household income. But in a
dual income household that requires both incomes to
make mortgage payments and pay for other living
expenses, the loss or reduction of one of those incomes
can be devastating. The book goes on to explain other
ways in which the middle class is being squeezed.
I first saw Elizabeth Warren, a Harvard law professor, in the documentary film Maxed Out about the growing credit card problem in America. She is brilliant at explaining the fundamental problems with credit cards from the point of view of consumers. She also discussed the credit card industry on NPR's Fresh Air program on March 27, 2007.
I first saw Elizabeth Warren, a Harvard law professor, in the documentary film Maxed Out about the growing credit card problem in America. She is brilliant at explaining the fundamental problems with credit cards from the point of view of consumers. She also discussed the credit card industry on NPR's Fresh Air program on March 27, 2007.
Dear American Airlines
[Jonathan Miles]
2008/06/08 10:47 Filed in: Fiction
I saw this book mentioned in the New York Times, and flying on
American in a few days time myself, I decided to
get the book to read during my flight. Overall it
was a fun read. The entire book is a complaint
letter to American Airlines written by the
protagonist, Benjamin Ford, during his overnight
stay at Chicago's O'Hare International Airport
after his flight has been cancelled. Though
prompted by his travel misfortunes, his complaint
letter encompasses much more than just American
Airlines incompetence. The humor in some of his
complaints to the airline are balanced by sad
remembrances from his life that have brought him
to this point -- stuck in Chicago en route to his
estranged daughter's wedding in California. This
is good summer reading, especially if you're stuck
flying American Airlines, but the book covers a
number of adult themes, so don't expect it to
simply be a 192 page funny complaint letter.
The Plague
The Stranger
[Albert Camus]
2008/05/31 20:37 Filed in: Fiction
While browsing at a used book shop, I realized that I
had somehow escaped from high school and college
literature classes without having to read any Camus, so
I bought a copy of The Plague and found The
Stranger at the library. Both were rather good
books and I enjoyed Camus' narrative style.
Tepper Isn't Going Out
[Calvin Trillin]
Who knew alternate side parking could be so funny? This
quick read is terrifically funny, especially if you've
ever had to find a parking spot in New York that is
"good for tomorrow." Even if you don't know what that
means, you'll probably really like the book.
The Terror Presidency
[Jack Goldsmith]
2008/05/04 16:38 Filed in: Current
Events |
Non-fiction
Jack Goldsmith was Assistant Attorney General and head
of the Department of Justice's Office of Legal Counsel
(OLC) for nine months from the fall of 2003 to July
2004. Though a conservative who agrees with much of
what the administration has done and is doing in the
"war on terror," Goldsmith famously withdrew two OLC
memos related to torture including the infamous
"Torture Memo" (Times article). He makes clear in
The Terror Presidency that this was not a
move against the administration from within, but
rather a necessary decision to correct a flawed
legal opinion. In fact, Goldsmith helped the
administration carve our legal footing for many
counterterrorism programs. His book does an
excellent job of demonstrating the legal and moral
ambiguity in the war on terror and the way that
war fighting and national security issues rely
more heavily on legal issues than ever before. He
also shows that the Bush administration's goal of
creating a more powerful executive by using the
president's hard power through unilateral action
to expand his authority rather than using the soft
power of persuasion and compromise has likely left
the office less, rather than more, powerful.
Evening in the Palace of Reason
[James R. Gaines]
I ended up reading this book because I started reading
a different book: Gödel, Escher, Bach: an eternal
golden braid by Douglas Hofstadter. Early on in
G.E.B., Hofstadter refers to Bach's composition
"Musikalisches Opfer." Wanting a better understanding
of what was being described I decided to get a
recording of "Musickalisches Opfer," but not knowing
which recording was best I contacted my college friend
and harpsichordist, Mahan Esfahani. He recommended two
recordings to me. The first is a recording by Gustav
Leonhardt originally issued as an LP in the 1970s, but
now available on a CD reissue by Sony Classical in
Europe. The second is an orchestral arrangement by Karl
Münchinger and the Stuttgarter Kammerorchester. I got
this recording on a double CD offering from Decca that
also included "Die Kunst der Fuge."
Mahan also recommended Evening in the Palace of Reason for its concluding chapter that in his words is a "wonderful, concise, and 'layman's' view of Bach's particular aesthetic weltanschauung." As a musical "layman" this was perfect for me and changed the way I listened to the music. Overall the book is great for a musical novice, but only average if one considers it as a biography or history, as it attempts to provide parallel biographies of both J.S. Bach and Frederick the Great in less than 300 pages--both of which are complex lives that probably require multi-volume biographies for anything approaching completeness.
Mahan also recommended Evening in the Palace of Reason for its concluding chapter that in his words is a "wonderful, concise, and 'layman's' view of Bach's particular aesthetic weltanschauung." As a musical "layman" this was perfect for me and changed the way I listened to the music. Overall the book is great for a musical novice, but only average if one considers it as a biography or history, as it attempts to provide parallel biographies of both J.S. Bach and Frederick the Great in less than 300 pages--both of which are complex lives that probably require multi-volume biographies for anything approaching completeness.
The Conscience of a Liberal
[Paul Krugman]
Krugman provides a good explanation of the history of
movement conservatism and its means of gaining
political traction in the United States. Krugman
demonstrates how movement conservatism betrays the
American dream and actually works against many of those
whom it entices to support the movement. Krugman also
makes a good case for why guaranteed health care for
all Americans makes good economic and moral sense.
My cat, Molly, appears to enjoy Krugman's book, too.
My cat, Molly, appears to enjoy Krugman's book, too.
My Name is Red
[Orhan Pamuk]
2008/01/14 12:30 Filed in: Fiction
Orhan Pamuk delighted me again with My Name is
Red, a wonderfully told story of murder, deceit,
and Islamic miniaturists. Told from the point of view
of multiple characters, including the murderer and some
of the miniaturists' illustrations, the story and
characters are as rich and vibrant as a page from an
illuminated manuscript. As I mentioned in my review of
Pamuk's Snow,
he is certainly deserving of the Nobel Prize in
Literature.