Saturday, June 26, 2010

Liar's Poker by Michael Lewis (23)

I used to think that growing up would be awesome. I would have money, freedom and responsibility for determining my future. Unfortunately for my childhood dreams, growing up has been a series of disillusioning realizations.

Lately, books haven't helped muster optimism. The Imperfectionists was about work making life miserable. And Liar's Poker told the story flawed and unjust system that exists in the real world. A conservative- free market-capitalist-libertarian, has a certain faith in the market to balance the sale and purchase of goods and services according to what they are worth to the people selling and receiving them. Liar's Poker reinforced the lesson that this just isn't always the case.

Liar's Poker is hilarious and easy to understand. Michael Lewis wrote down his experiences working for a Wall Street company in the '80s as a bond trader. He sort of stumbled upon the job and admits to having no idea what he was doing at the time, so the descriptions of bonds aren't too technical or confusing. Don't get scared away knowing it's about trading mortgage bonds, the book is really more of a narrative featuring the ridiculous people who traded bonds than about the actual trading.

The stories of traders and Wall Street can really upset any belief in the fairness of the market as it is. Lucky for the reader, Lewis can accurately caricature his former bosses, so Liar's Poker doesn't gets too depressing.

Well, thanks, world, for being disillusioning.

Monday, June 14, 2010

The Imperfectionists by Tom Rachman (22)

The Imperfectionists is arranged in short stories, which is getting pretty common in novels this year, about people who read or work at an international newspaper headquartered in Rome. I know very little about newspapers and reporting since I get my news from Infomania and Wait Wait Don't Tell Me, so I read the more general theme - the intersection of work and personal life. The various characters offer perspectives on office politics, a job's effect on marriage, hating a job but never leaving, and becoming useless in your career.

It's smooth and readable but not mindless and certainly not light or fun. As the book continues, there is a steady decline in the ratio of humor to depressing misfortune. Short chapters allow for a workday or nap in the sun to interrupt the story. Rachman writes well and honestly about people. Even if the reader has never traveled internationally or had any experience with journalism, there are characters from life in the story. Just don't pick up this book if you're in the mood for optimism. Even the epilogue is disheartening.

Tuesday, June 1, 2010

A Fortunate Age by Joanna Smith Rakoff (21)

Joanna Smith Rakoff wrote A Fortunate Age about a very detailed and specific subculture - Jewish, liberal, upper middle class, city dwelling Gen X-ers. The main characters are five liberal arts Oberlin grads. The book dips into their personal narratives as they go to grad school, make it big, make it nowhere, marry, breed, and halfheartedly try to remain friends in the decade after their undergrad days together.

I'm from a slightly different subculture. I lived a pretty homogeneous life until public high school, when I encountered and befriended people from different classes, religions, political parties. I remember hearing about the dot com boom, but I was really just thinking about Sailor Moon at the time. Because I and my closest friends are still childless and not quite 30, I think I'm missing something in Rakoff's novel.

The timing and style of the book are interesting in a jumbled way. Each character tells a bit of the story from a half stream of consciousness, half omniscient third person point of view. The reader experiences memories in the middle of action. Sometimes just as you get involved in a character's life, the chapter ends, and you're moved on to less sympathetic person. But it's like life. We narrate our own lives, judge our friends from our view, and hear mutual friends' theories on each other.

It's a serious and complicated novel about relationships and personal struggles. It's the post adolescent coming of age - which seems like how coming of age comes now a days.

Wednesday, May 26, 2010

Under The Tuscan Sun: At Home In Italy by Frances Mayes (20)

Frances Mayes's epic poem to Tuscany. Under The Tuscan Sun is slow and leisurely. If you're reading it in a recliner or in the sun, it's quite likely you'll just ease into a nap after a few pages. You won't be napping from boredom, but from a desire to siesta like the village in which Mayes makes her summer home.

The book arouses the jealousy of the amateur chef. Tales of bountiful home gardens blooming like Eden without any care, fresh ingredients from town markets, and quality olive oil and wine for cheap make the Key Foods down the street even more dismal. My fire escape herb garden fights to survive, but in Italy, wild sage and rosemary spread like dandelions. What a pleasure it must be to cook so simply and so well.

And that is the point, if there is any, of the book. The pleasure and beauty of life, even if you have to go to the Mediterranean to find it.

Saturday, May 22, 2010

Enlightened Sexism: The Seductive Message That Feminism's Work is Done by Susan J. Douglas (19)

Sexism is still around and keeping ladies down. I agree with the basic message of this book that women still have to fight for equal opportunity. I also acknowledge that our society does little to support women at home and at work.

But I have to say that this is a very tiring book from an unimaginative feminist. The book is far longer than it ought to be to make her point. Douglas is repetitive and easily distracted with an irritating habit of interrupting important sentences with constant sarcastic asides that sacrifice clarity for labored humor.

I do appreciate her attitude and I loved reading the chapter on Buffy The Vampire Slayer and Xena: Warrior Princess, two of my favorite shows as a kid. Those fantasies of powerful women kicking evil butt were encouraging escapes for a tiny, shy girl with glasses as big as her head. Yet, the author did little to mention how media can encourage women or how media could or does further feminist causes. She only took hundreds of pages retelling 90210 or Xena or Boston Legal, shows she obviously enjoyed watching, explained how they supported the new sexism, and offered no counter examples.

Douglas has less than a basic understanding of economic theory or practice and she considers only one vision of how the country can support families: the federal government does it all. Apparently national day care is going to solve everything for women. Because the only men who can help us care for our children are the ones we elected.

Wednesday, May 5, 2010

Nudge by Richard H. Thaler and Cass R. Sunstein (18)

"A person is smart. People are dumb, panicky dangerous animals and you know it." Kay, Men In Black

Lay and professional economists are too optimistic about citizens' reactions to laws, markets, and incentives. I studied economics at a conservative college and slid into thinking that people know themselves and care enough to make relatively informed decisions about their lives. Thaler and Sunstein are honest about the human laziness and apathy that economists ignore, though they say it nicely.

Thaler and Sunstein make gentle, convincing arguments that people need a little nudge when making big , rare decisions with little feedback or chance for correction - mortgages, loans, health insurance, and other important things that people often mess up.

It was difficult to follow the flow of Nudge at first after a fiction binge, but the arguments are easy to understand and the writing is personable and earnest. Thaler and Sunstein build trust by exposing personal flaws to the readers, like forgetting to turn in health insurance forms at work for good coverage. It's a great read for people who are moderately interested in political issues, but are repulsed by the vitriol of current political discussion. It is balanced and logical without jargon or superiority. Plus, the elephants are cute.

Sunday, May 2, 2010

Let The Great World Spin by Colum McCann (17)


Let The Great World Spin, a mosaic of stories in the tunnels of New Yorkers lives, is the best Manhattan-based novel I've read. The characters are caricatures, cliches, and exaggerations of New Yorkers. The story I liked best was the one with the most regular characters - a group of mothers meeting to commiserate over the loss of their sons in Vietnam. It was full of the tension, uncertainly, awkwardness and regret of real life.

It is a quick read because it is precisely written, with paragraphs of concrete examples pulled from characters' thoughts. It is also a good, fulfilling read, and pretty much worth all the hype.