Book Reviews

2010 ◽  
Vol 48 (4) ◽  
pp. 1039-1041

Tyler Cowen of George Mason University reviews “A History of the Federal Reserve. Volume 2. Book Two: 1970-1986” by Allan H. Meltzer, Allan H. Meltzer,. The EconLit Abstract of the reviewed work begins “Chronicles the evolution and development of the U.S. Federal Reserve from the Nixon administration to the end of the Great Inflation in the mid-1980s. Discusses international monetary problems, 1964-71; under controls--Camp David and beyond; why monetary policy failed again in the 1970s; disinflation; restoring stability, 1983-86; and past problems and future opportunities. An epilogue discusses the role of the Federal Reserve in the current economic crisis. Book One explores the Federal Reserve’s history from 1951 to 1969. Meltzer is Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon University. Index.”

Author(s):  
Craig Allen

The first completely researched history of U.S. Spanish-language television traces the rise of two foremost, if widely unrecognized, modern American enterprises—the Spanish-language networks Univision and Telemundo. It is a standard scholarly history constructed from archives, original interviews, reportage, and other public materials. Occasioned by the public’s wakening to a “Latinization” of the U.S., the book demonstrates that the emergence of Spanish-language television as a force in mass communication is essential to understanding the increasing role of Latinos and Latino affairs in modern American society. It argues that a combination of foreign and domestic entrepreneurs and innovators who overcame large odds resolves a significant and timely question: In an English-speaking country, how could a Spanish-speaking institution have emerged? Through exploration of significant and colorful pioneers, continuing conflicts and setbacks, landmark strides, and ongoing controversies—and with revelations that include regulatory indecision, behind-the-scenes tug-of-war, and the internationalization of U.S. mass media—the rise of a Spanish-language institution in the English-speaking U.S. is explained. Nine chapters that begin with Spanish-language television’s inception in 1961 and end 2012 chronologically narrate the endeavor’s first 50 years. Events, passages, and themes are thoroughly referenced.


2004 ◽  
Vol 23 (2) ◽  
pp. 31-38 ◽  
Author(s):  
Elizabeth Reedy

Nearly 50 years after it was thought to be conquered, retinopathy of prematurity (ROP) continues to cause vision disturbances and blindness among prematurely born infants. During the 1940s and early 1950s, researchers and caregivers first identified and struggled to eliminate this problem, which seemed to come from nowhere and was concentrated among the most advanced premature nurseries in the U.S. Research studies initially identified many potential causes, none of which could be proved conclusively. By the mid-1950s, oxygen was identified as the culprit, and its use was immediately restricted. The rate of blindness among premature infants decreased significantly. ROP was not cured, however. By the 1960s, it had reappeared. The history of ROP serves to remind us that, despite our best intentions, the care and treatment of premature newborns will always carry with it the possibility of iatrogenic disease. This caution is worth remembering as we work to expand the quality and quantity of clinical research.


2018 ◽  

This book reviews the role of British Foreign Secretaries in the formulation of British policy towards Japan from the re-opening of Japan in the middle of the nineteenth century to the end of the twentieth century. It also takes a critical look at the history of British relations with Japan over these years. Beginning with Lord John Russell (Foreign Secretary 1859-1865) and concluding with Geoffrey Howe (Secretary of State for Foreign & Commonwealth Affairs, 1983-1989), the volume also examines the critical roles of two British Prime Ministers in the latter part of the twentieth century, Edward Heath and Margaret Thatcher, who ensured that Britain recognized both the reality and the opportunities for Britain resulting from the Japanese economic and industrial phenomenon. Heath’s main emphasis was on opening the Japanese market to British exports. Thatcher’s was on Japanese investment. This volume is a valuable addition to the Japan Society’s series devoted to aspects of Anglo-Japanese relations which includes ten volumes of Britain & Japan: Biographical Portraits as well as British Envoys in Japan.


2020 ◽  
pp. 165-188
Author(s):  
Sebastián Hurtado-Torres

This chapter describes the efforts by the United States and Eduardo Frei to prevent Salvador Allende from attaining the presidency. The Nixon administration, after choosing not to involve itself in the 1970 presidential race to the extent the Johnson administration had in the 1964 election, reacted with great alacrity to Allende's victory in the popular election. Richard Nixon himself instructed CIA director Richard Helms to conduct covert operations in Chile, behind Ambassador Korry's back. In addition, Chilean politicians, particularly Christian Democrats of the Frei line, tried or at least explored ways of averting an Allende victory and sought for that purpose the support of the U.S. embassy in Santiago. Though many of the documents that tell this part of the story have been available to researchers since at least the early 2000s, only one scholarly work has treated these attempts by Chilean politicians, especially Eduardo Frei, in depth. The tendency of scholars of U.S. foreign relations during the Cold War to assume rather uncritically that the only decisions that mattered were taken in Washington has narrowed the perspectives from which the history of Cold War Chilean politics has been studied and interpreted.


Author(s):  
Karen R. Roybal

This chapter discusses the ways in which the U.S. government created an alternative archive when it recorded Mexicanas/os' voices in the "official" record during land grant adjudication proceedings in the mid- to late nineteenth century. The testimonio of landowner María Cleofas Bóne de López serves as a prime focus in the chapter to emphasize the ways in which marriage to Mexican women was one way that both Anglo and Mexican men gained access to and amassed material property. Through this and other key cases, the chapter emphasizes that males' land ownership was often predicated on relationships to and with Mexican women and the ways Mexican men were effeminized within the U.S. legal system. The depositions serve as testimonials to the integral role of gender in the history of property ownership and dispossession.


Hypatia ◽  
1995 ◽  
Vol 10 (1) ◽  
pp. 56-73 ◽  
Author(s):  
Judith Wagner Decew

I first discuss reasons for feminists to attend to the role of women in the military, despite past emphasis on antimilitarism. I then focus on the exclusion of women from combat duty, reviewing its sanction by the U.S. Supreme Court and the history of its adoption. I present arguments favoring the exclusion, defending strong replies to each, and demonstrate that reasoning from related cases and feminist analyses of equality explain why exclusion remains entrenched.


1988 ◽  
Vol 2 (3) ◽  
pp. 51-72 ◽  
Author(s):  
Benjamin M Friedman

The half-decade running from mid-1982 to mid-1987 was a pretty good era for U.S. monetary policy, as these things go. Even the severe 1981-82 recession served its intended purpose of substantially restoring price stability. At least as judged by the outcomes for the standard objectives of macroeconomic policy, U.S. monetary policy was a distinct success. Economists hoping to say something useful about monetary policy in the 1980s have had a tougher time. The quantitative relationships connecting income and price movements to the growth of familiar monetary aggregates, including especially the M1 measure of the money stock that had been the chief focus of monetary policy during 1979-82, utterly fell apart during this period. It is difficult to escape the conclusion that there is now a conceptual vacuum at the center of the U.S. monetary policymaking process. In the meanwhile, the Federal Reserve System has not ceased operations. Nor should it be inclined to do so, in light of the performance of both income and prices during the past half-decade.


2012 ◽  
Vol 26 (3) ◽  
pp. 177-202 ◽  
Author(s):  
Kazuo Ueda

As the U.S. economy works through a sluggish recovery several years after the Great Recession technically came to an end in June 2009, it can only look with horror toward Japan's experience of two decades of stagnant growth since the early 1990s. In contrast to Japan, U.S. policy authorities responded to the financial crisis since 2007 more quickly. Surely, they learned from Japan's experience. I will begin by describing how Japan's economic situation unfolded in the early 1990s and offering some comparisons with how the Great Recession unfolded in the U.S. economy. I then turn to the Bank of Japan's policy responses to the crisis and again offer some comparisons to the Federal Reserve. I will discuss the use of both the conventional interest rate tool—the federal funds rate in the United States, and the “call rate” in Japan—and nonconventional measures of monetary policy and consider their effectiveness in the context of the rest of the financial system.


2006 ◽  
Vol 13 (1) ◽  
pp. 25-57 ◽  
Author(s):  
Christina Luke

This paper explores access to the Honduran past with a focus on northwestern Honduras, particularly the Ulua Valley. The foundations of national patrimony legislation and the practice of collecting antiquities are used to explore whether the disassociation of the archaeological community from the collecting sphere over the last several decades has better protected the archaeological record. I argue that early field expeditions led by U.S. archaeologists, the shipment of their finds to U.S. institutions, and subsequent massive looting galvanized Honduran efforts aimed at national patrimony legislation. The roles of the U.S. government and U.S.-based businesses as negotiating bodies in the early days of Honduran expeditions from 1890 to 1940 are explored in detail, particularly in the sphere of opening up the region to collectors and the role of the U.S. antiquities market. We can understand the early days of collecting in Honduras precisely because of the close relationships once forged between collectors, museums, and archaeologists, networks that have now disappeared because of current conceptions of archaeological ethics. The changing definition of a collector represents a key point throughout this analysis; at one time archaeologists, museums, and businesses were the primary collectors. The shift from the labelcollectortoarchaeologistis explored through the lens of the development of archaeology as a discipline, with a particular emphasis on context, and the contemporary legislative efforts aimed at cultural heritage projection. The essay concludes with a look at recent archaeological work in the region and the increasingly strict cultural patrimony legislation, specifically the 2004 U.S.–Honduran Memorandum of Understanding.


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