Results for “best fiction”
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*The Price of Peace*

The author is Zachary D. Carter, and the subtitle is Money, Democracy, and the Life of John Maynard Keynes.  Maybe you’ve read plenty about Keynes, but still this book is good enough to qualify (without reservation) for the year’s “best of non-fiction” list published every December.

One surprise is that the author seems to “get” the Bloomsbury Circle, Woolf, and the like, even though he is not an old, crusty British pain in the ass.

A second surprise is that much of the biography goes well past the life of Keynes, though with no diminution of quality.  I very much enjoyed for instance the discussion of Samuelson vs. Galbraith, the career of Milton Friedman, the role of the Volker Foundation, and so on.

Very readable, substantive, and the main topic never ceases to be interesting.  I am not sure if there is anything truly new in here, but it is nonetheless a very good book to read about Keynes and his later influences on economic thought.

My Conversation with Emily St. John Mandel

I am a fan of her two latest novels Station Eleven (about a post-pandemic world) and The Glass Hotel, and many other smart people like them too.  Here is the audio and transcript.  Here is the CWTeam summary:

She joined Tyler to discuss , including why more white-collar criminals don’t flee before arrest, the postcard that haunts her most, the best places to hide from the Russian mob, the Canadian equivalent of the “Florida Man”, whether trophy wives are happy, how to slow down time, why she disagrees with Kafka on reading, the safest place to be during a global pandemic, how to get away with faking your own death, how influenced her writing, the permeability of moral borders, what surprised her about experiencing a real pandemic, how her background in contemporary dance makes her a better writer, adapting for a miniseries, her contrarian take on , and more.

By the way, I would fake my own death by going on a cargo vessel and bribing them to claim I fell overboard.  Here is one bit about the pandemic:

COWEN: Have people been more or less cooperative than you had thought?

ST. JOHN MANDEL: My impression — and the problem is, we don’t see people anymore — but my overall impression is they’ve been more cooperative.

Definitely in the literary community, I’ve seen a lot of people really trying to support their independent bookstores, which has always been a thing. But I think there’s been a greater awareness that if you don’t buy your books from your independent bookstore — and by the way, they do all sell online mostly — then that store might not be there when all of this ends. So I see people pulling together like that, to try to support the businesses they love. That’s been a major one.

I wish I could see people and bring back a report from actual humanity, [laughs] but that is my impression. There’s been more cooperation.

And:

COWEN: In so many postapocalyptic novels, it seems that people wander a lot. Do they wander too much? Should they just stay put?

ST. JOHN MANDEL: I had this conversation with another postapocalyptic novelist. Would everybody stop walking? Why is everybody wandering endlessly in a postapocalypse?

And:

COWEN: How good is Frozen II, if I may ask?
ST. JOHN MANDEL: It’s pretty good.
COWEN: Pretty good?
ST. JOHN MANDEL: Yeah. This is a controversial statement. I know a lot of parents who hate it, but I find it more interesting than Frozen I.

Perhaps I like The Glass Hotel a wee bit better than Station Eleven, but maybe Station Eleven is better to read first?

What should you read during the crisis?

Agnes Callard writes (NYT):

Like many others, I have been finding my taste in books and movies turning in an apocalyptic direction. I also find myself much less able than usual to hold these made-up stories at a safe distance from myself…

If I have something to feel guilty about, I want to feel guilty. If something frightening is happening, I want to be afraid of it. Which is to say: When things are bad, I want to suffer and would choose to suffer and even seek out suffering.

Having just rewatched Bergman’s The Seventh Seal, and then The Virgin Spring, I agree at the margin, but not altogether.  I would raise the following points:

1. In times of turmoil, we may have a stronger craving for art that “feels real.”  But such art is in fact often especially phony.  The “special effects” have to be all the better, so to speak.  None of what we are consuming is a realistic experience in the first place, so perhaps we are seeking out greater artifice and fooling ourselves about its realism even more than usual.

2. Should we be watching videos of bad events in hospitals? (originally Chinese hospitals, now NYC).  Some people are indeed doing this, but as a substitute for Jane Austen?  How about videos of people dying from Covid-19?  Videos of other respiratory diseases as the next best fill-in?

3. What about the art vs. non-art margin as a larger choice?  Don’t many people with terminal diseases (more terminal than usual that is) want to go for long walks in nature?  Doesn’t fiction exercise much less of a hold on elderly minds and matter most for teenagers and people in their early 20s and perhaps also women in their 40s-50s?  Perhaps the implication is, during a pandemic, to move away from art and literary fiction altogether.

4. The Guardian reports that sales of long, classic novels have gone up.  What do those novels have in common?  Are they a kind of comfort food?  Do we value their length?  That they are high status?  That we read them already in earlier and perhaps happier periods of life?  Are they long projects we can absorb ourselves in?  Those seem like illusion-laden motives for reading them, “not that there’s anything wrong with that.”

5. Perhaps we like to read especially pessimistic dystopian novels as a kind of talisman.  “Tell me the worst, let’s get dealing with the fear over with, then I will feel protected that reality will not disappoint my expectations because things won’t in fact be that bad.”  That is again another kind of illusion.  The aforementioned Guardian link suggests that sales of dystopian novels are up in general, even if they are not about plagues and pandemics.

6. Yiyun Li said: ““I have found that the more uncertain life is, the more solidity and structure Tolstoy’s novels provide. In these times, one does want to read an author who is so deeply moved by the world that he could appear unmoved in his writing,” she wrote.”

7. If people are bored, should they then wish to experience further boredom through their choice of fiction?  Or would a diversion from boredom be acceptable and indeed preferred?

Somehow I think in terms of a portfolio approach to aesthetics.  In harder times you need more tugs, pulls, distractions, and offsets than usual, but they should not all run in the same direction, or they will become predictable and cease to move you.

So when it comes to fiction, take some chances in your reading and toss in some of the older classics and horror and dystopia as well, and lots of fun and warmth and those walks in nature too.

So yes make a (marginal) turn in the apocalyptic direction, but in part it is to shore up your own sappiness.

What I’ve been reading

1. Nicholas Hewitt, Wicked City: The Many Cultures of Marseille.  Every city should have a good book about it, and now Marseille does.  I would say you have to already know the city, however, to appreciate this one.

2. Peter Johnson, Quarantined: Life and Death at William Head Station, 1872-1959.  British Columbia had a quarantine station that late, and this is its story.  Leprosy, smallpox, and meningitis are a few of the drivers of the narrative.  It continues to startle me how much pandemics and quarantines are a kind of lost history, though they are extremely prominent in 19th century fiction.

3. Steven Levy, Facebook: The Inside Story.  Probably the best history of the company were are going to get, at least for the earlier years of the company.  Even the jabs at the company seem perfunctory, for the most part this is quite objective as a treatment.

4. Katie Roiphe, The Power Notebooks.  Power, sex, dating, and romance, but surprisingly substantive.  Much of it is written in paragraph-long segments, and willing to be politically incorrect.  “Rebecca West: “Since men don’t love us nearly as much as we love them that leaves them a lot more spare vitality to be wonderful with.”

5. Sean Masaki Flynn, The Cure That Works: How to have the World’s Best Healthcare — at a Quarter of the Price.  A look at how to translate ideas from Singapore’s health care system into the United States.  It overreaches, but still a useful overview and analysis.

6. Paul R. Josephson, New Atlantis Revisited: Akademgorodok, The Siberian City of Science.  Imagine the Soviets trying to build a “city of science,” and meeting problem after problem.  Yet “Marchuk acknowledged that in a number of fields researchers had contributed to…the speeding up of scientific technological progress.  The physicists built synchroton radiation sources with broad applications; the biologists tacked plant and animal husbandry with vigor; the mathematicians, computer specialists, and economists were engaged in modeling and management systems.”

*A Treatise on Northern Ireland*, by Brendan O’Leary

This three-volume set is quite the remarkable achievement, and it would have made my best books of 2019 list (add-ons here) had I known about it earlier.  It starts with “An audit of violence after 1966,” and then goes back to the seventeenth century to begin to dig out what happened.  It has more detail than almost anyone needs to know, yet at the same time it remains unfailingly conceptual and relies on theoretical social science as well, rather than merely reciting names and dates. How about this?:

The breakdown of hegemonic control in Northern Ireland [mid- to late 1960s] exemplifies Tocqueville’s thesis that, when a bad government seeks to reform itself, it is in its greatest danger.

Here is an excerpt from volume II:

The thesis advanced here is that hegemonic control was established between 1920 and 1925 by the UUP, and, aside from a few exceptional moments, exercised successfully until 1966.  After 1925 opportunities for effective opposition, dissent, disobedience, or usurpation of power were minimal.  The major possibilities of disruption came from the outside, from independent Ireland or from Great Britain, from geopolitics, or the world economy.  Eventually, when external forces of disruption combined with major endogenous changes, hegemonic control would be contested, and would shatter.  But at no juncture did Northern nationalists or Irish Catholics in the North internalize the UUP’s rhetoric, or become significantly British by cultural designation.  When the civil-rights movement learned to exploit the claim to be British citizens entitled to British rights, the regime’s days were numbered.

I will continue to spend time with these volumes, which will not be surpassed anytime soon.  Unlike in so many history books, O’Leary is always trying to explain what happened, or what did not.  You can order them here.

As a side note, I find it shocking (and I suppose deplorable) that no American major media outlet has reviewed these books, or put them on its best of the year list, as far as I can tell.  We are failing at something, though I suppose you can debate what.  And I apologize to O’Leary for missing them the first time around.

Most Popular Posts of 2019

Here are the top MR posts for 2019, as measured by landing pages. The most popular post was Tyler’s

1. How I practice at what I do

Alas, I don’t think that will help to create more Tylers. Coming in at number two was my post:

2. What is the Probability of a Nuclear War?

Other posts in the top five were 3. Pretty stunning data on dating from Tyler and my posts, 4. One of the Greatest Environmental Crimes of the 20th Century,and 5. The NYTimes is Woke.

My post on The Baumol Effect which introduced my new book Why are the Prices So Damned High (one of Mercatus’s most downloaded items ever) was number 6 and rounding out the top ten were a bunch from Tyler, including 7. Has anyone said this yet?, 8. What is wrong with social justice warriors?, 9. Reading and rabbit holes and my post Is Elon Musk Prepping for State Failure?.

Other big hits from me included

Tyler had some truly great posts in the last few days of 2019 including what I thought was the post of the year (and not just on MR!) Work on these things.

Also important were:

Happy holidays everyone!

Tuesday assorted links

1. The penis-shaped ice rink culture that is Russia.

2. The Economist on Peter Chang and the revolution in Chinese cuisine.  Price variability is rising in the Chinese cuisine market.

3. Dylan Matthews favorite social science studies of the decade.

4. “Impact funds earn 4.7 percentage points (ppts) lower IRRs ex post than traditional VC funds.

5. Arnold Kling’s books of the year.  And Scott Sumner responds to me on national security and trade.

6. “Relative to low-income households, high-income households enjoy 40 percent higher utility per dollar expenditure in wealthy cities, relative to poor cities. Similar patterns are observed across stores in different neighborhoods. Most of this variation is explained by differences in the product assortment offered, rather than the relative prices charged, by chains that operate in different markets.”  Link here.

Tuesday assorted links

1. An occupational satisfaction index?

2. “We find that local exposure to fatal school shootings increases youth antidepressant use by 21.4 percent in the following two years.

3. Greg Mankiw on MMT.

4. Stephen L. Carter best books picks.  And Australian best book of the year picks, hardly any overlap with any other lists.  Or try these Irish listsEl Pais picks books of the century, very good selections.

5. Best documentaries of the decade?

6. Treatise on Northern Ireland.

Garett Jones on open borders

I am very pleased that the new Bryan Caplan and Zach Weinersmith open borders graphic novel has hit #1 on The Washington Post non-fiction bestseller list.  I am also pleased to see Garett Jones examine the idea in a new short paper, here is part of his critique:

I use the same constant returns to scale framework as Caplan, in which the migration of every human being to the United States would increase global output per capita by about 80%. I then estimate that in the benchmark model, where IQ’s social return is much larger than its private return, the per-capita income of current U.S.residents would permanently fall by about 40%. This is not an arithmetic fallacy: this is the average causal effect of Open Borders on the incomes of ex-ante Americans. This income decline occurs because cognitive skills matter mostly through externalities: because your nation’s IQ matters so much more than your own, as I claim in 2015’s Hive Mind. Therefore, a decline in a nation’s set of average cognitive skills will tend to reduce the productivity of the nation’s ex-ante citizens.

I will be sure to link to Bryan’s reply when it comes.

“And what a decade it was”

From Alex X.:

With the decade coming to a close, I would be curious on everyone’s favorite of the decade [gives list of categories]:

Without too much pondering, here is what comes to mind right away:

Film: Uncle Boonmee Who Can Recall His Past Lives, or A Touch of Sin.  Might Winter Sleep by next?  It was probably the best decade ever for foreign movies, the worst decade ever for Hollywood movies (NYT).

Blockbuster/action film: Transformers 4?  Big screen only, live or die by CGI!

Album: Kanye West, My Beautiful Dark Twisted Fantasy.

Single: I don’t see an obvious, non-derivative pick here that really stands out.  Kendrick Lamar’s “Alright” probably is the mainstream choice, but do I ever go over to the stereo to put it on?  Janelle Monae’s “Make Me Feel” is another option, but is it such a big step beyond Prince?  Lorde or Beyonce?  LCD Soundsystem seems more about the entire album, same for Frank Ocean.  Something from Kanye’s Yeezus?  To pull a dark horse option out of the hat, how about Gillian Welch, “The Way It Goes“?  Or Death Grips “Giving Bad People Good Ideas“?  I’ve spent enough time on Twitter that I have to opt for that one.

TV Show: Srugim, Borgen, The Americans.

Single Season: Selections from same, you know which seasons.

Book Fiction: The Ferrante quadrology and Houllebecq’s Submission.

Book Non Fiction: Knausgaard, volumes I and II.

Athlete of the Decade: Stephen Curry or Lebron James.

What are your picks?

My Conversation with Alain Bertaud

Excellent throughout, Alain put on an amazing performance for the live audience at the top floor of the Observatory at the old World Trade Center site.  Here is the audio and transcript, most of all we talked about cities.  Here is one excerpt:

COWEN: Will America create any new cities in the next century? Or are we just done?

BERTAUD: Cities need a good location. This is a debate I had with Paul Romer when he was interested in charter cities. He had decided that he could create 50 charter cities around the world. And my reaction — maybe I’m wrong — but my reaction is that there are not 50 very good locations for cities around the world. There are not many left. Maybe with Belt and Road, maybe the opening of Central Asia. Maybe the opening of the ocean route on the northern, following the pole, will create the potential for new cities.

But cities like Singapore, Malacca, Mumbai are there for a good reason. And I don’t think there’s that many very good locations.

COWEN: Or Greenland, right?

[laughter]

BERTAUD: Yes. Yes, yes.

COWEN: What is your favorite movie about a city? You mentioned a work of fiction. Movie — I’ll nominate Escape from New York.

[laughter]

BERTAUD: Casablanca.

Here is more:

COWEN: Your own background, coming from Marseille rather than from Paris —

BERTAUD: I would not brag about it normally.

[laughter]

COWEN: But no, maybe you should brag about it. How has that changed how you understand cities?

BERTAUD: I’m very tolerant of messy cities.

COWEN: Messy cities.

BERTAUD: Yes.

COWEN: Why might that be, coming from Marseille?

BERTAUD: When we were schoolchildren in Marseille, we were used to a city which has a . . . There’s only one big avenue. The rest are streets which were created locally. You know, the vernacular architecture.

In our geography book, we had this map of Manhattan. Our first reaction was, the people in Manhattan must have a hard time finding their way because all the streets are exactly the same.

[laughter]

BERTAUD: In Marseille we oriented ourselves by the angle that a street made with another. Some were very narrow, some very, very wide. One not so wide. But some were curved, some were . . . And that’s the way we oriented ourselves. We thought Manhattan must be a terrible place. We must be lost all the time.

Finally:

COWEN: And what’s your best Le Corbusier story?

BERTAUD: I met Le Corbusier at a conference in Paris twice. Two conferences. At the time, he was at the top of his fame, and he started the conference by saying, “People ask me all the time, what do you think? How do you feel being the most well-known architect in the world?” He was not a very modest man.

[laughter]

BERTAUD: And he said, “You know what it feels? It feels that my ass has been kicked all my life.” That’s the way he started this. He was a very bitter man in spite of his success, and I think that his bitterness is shown in his planning and some of his architecture.

COWEN: Port-au-Prince, Haiti — overrated or underrated?

Strongly recommended, and note that Bertaud is eighty years old and just coming off a major course of chemotherapy, a remarkable performance.

Again, I am very happy to recommend Alain’s superb book Order Without Design: How Markets Shape Cities.

*Jewish Emancipation: A History Across Five Centuries*

That is the new and excellent book out by David Sorkin.  I feel I have read many good books on Jewish history, and I don’t always see the marginal value of adding to that pile, but this one really delivered.  Plenty more detail without losing any conceptual overview.  Ever wonder what exactly happened to Jewish emancipation, and why, as the Napoleonic conquest of Europe was reversed?  This is the place to go.  By the way, in the middle of the eighteenth century there were more Jews in Curacao, Suriname and Jamaica than in all of the North American colonies combined.

You can order it here, worthy of my year-end “best non-fiction of the year” list.

*Never Enough: the neuroscience and experience of addiction*

That is the new and fascinating book by Judith Grisel, unlike most neuroscientists on these topics she has been addicted to many of the drugs she writes about, or at least has tried them “for real,” furthermore her book integrates her personal and scientific knowledge in a consistently interesting manner.

Here is one bit from early on:

The very definition of an addictive drug is one that stimulates the mesolimbic pathway, but there are three general axioms in psychopharmacology that also apply to all drugs:

1. All drugs act by changing the rate of what is already going on.

2. All drugs have side effects.

3. The brain adapts to all drugs that affect it by counteracting the drug’s effects.

And a tiny bit from the middle:

Excessive use of alcohol now results in about 3.3 million deaths around the world each year.  In Russia and its former satellite states, one in five male deaths is caused by drinking.  And in the United States during the period 2006 and 2010, excessive alcohol use was responsible for close to 90,000 deaths a year…

And finally:

…primates given ecstasy twice a day for four days (eight total doses) show reduction in the number of serotonergic neurons seven years later.

Definitely recommended, this will make my list for the year’s best non-fiction.

What should I ask Ben Westhoff?

I will be doing a Conversation with him, no associated public event, here is from his home page:

Ben Westhoff is an award-winning investigative journalist who writes about culture, drugs, and poverty. His books are taught around the country and have been translated into languages all over the world.

His new book Fentanyl, Inc.: How Rogue Chemists Are Creating the Deadliest Wave of the Opioid Epidemic releases September 3, 2019 in the U.S. (Grove Atlantic) and October 10, 2019 in the UK, Austrailia, and New Zealand (Scribe). Here’s more information.

His previous book Original Gangstas: Tupac Shakur, Dr. Dre, Eazy-E, Ice Cube, and the Birth of West Coast Rap has received raves from Rolling Stone and People, a starred review in Kirkus, a five-star Amazon rating, and made numerous year-end best lists. More info can be found here.

…his 2011 book on southern hip-hop, Dirty South: OutKast, Lil Wayne, Soulja Boy, and the Southern Rappers Who Reinvented Hip-Hop was a Library Journal best seller.

Here is my review of his excellent forthcoming Fentanyl, Inc.  He also has a well-acclaimed book on New York City bars and dives.  All of his work is fascinating.

So what should I ask him?