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How America Manages Its Debt
The underexamined art and science of managing the federal government's huge debt.
Everyone talks about the size of the U.S. national debt, now at $13 trillion and climbing, but few talk about how the U.S. Treasury does the borrowing—even though it is one of the world's largest borrowers. Everyone from bond traders to the home-buying public is affected by the Treasury's decisions about whether to borrow short or long term and what types of bonds to sell to investors.
What is the best way for the Treasury to finance the government's huge debt? Harvard's Robin Greenwood, Sam Hanson, Joshua Rudolph, and Larry Summers argue that the Treasury could save taxpayers money and help the economy by borrowing more short term and less long term. They also argue that the Treasury and the Federal Reserve made a huge mistake in recent years by rowing in opposite directions: while the Fed was buying long-term bonds to push investors into other assets, the Treasury was doing the opposite—selling investors more long-term bonds.
This book includes responses from a variety of public and private sector experts on how the Treasury does its borrowing, some of whom have criticized the way the Treasury has been managing its borrowing.
"That is why the impressive results of the fieldwork and subsequent analytical research by the German scholar, Dr. Uli Kozok, are remarkable. By devoting considerable time and funds to his project in the interior of Sumatra, Kozok has produced results that will change the writing of the history of Malay. [...] By conducting fieldwork (Kozok saw the text in Kerinci in August 2002), by following up leads from the colonial literature (Voorhoeve's compilation), by analyzing the text without depending on accepted knowledge and by taking the step of using the latest technology to obtain an empirical perspective about the material, Kozok has succeeded in laying a major part of a foundation for the rewriting of the history of Malay in Indonesia!"- James T. Collins (2004, pp. 18-19)
Politics and Plotting in Eighteenth-Century Korea
The 1728 Musin Rebellion: Politics and Plotting in Eighteenth-Century Korea provides the first comprehensive account in English of the Musin Rebellion, an attempt to overthrow King Yŏngjo (1694–1776; r. 1724–1776), and the largest rebellion of eighteenth-century Korea. The rebellion proved unsuccessful, but during three weeks of fighting the government lost control of over a dozen county seats and the rebels drew popular support from the inhabitants of three southern provinces. The revolt profoundly unsettled the early years of Yŏngjo's reign and had considerable influence on the subsequent course of factionalism. In this keenly reasoned study, Andrew David Jackson investigates the causes, development, suppression, legacy, and significance of the bloody Musin Rebellion.
The Musin Rebellion had its roots in the factional conflicts surrounding Yŏngjo's troubled succession to the throne. Jackson analyzes an aspect of the conflict previously neglected by researchers, namely how the rebels managed to create an armed rebellion. He argues that the rebellion should be understood in the context of other attempts on power by factional members that occurred over a hundred-year period leading up to 1728. By exploring the political and military context of the event, the book demonstrates that the Musin Rebellion was not driven by systemic breakdown, regionalism, or ideology, but was a failed attempt by political players to take control of the court. Central to the eruption of violence in 1728 was the intervention of key rebel plotters, several of whom were serving officials with access to state military resources. The book provides an in-depth view of factional politics in the Chosŏn court, and the final section deals with the rebel legacy, bringing to the fore issues about managing, forming, and directing the historical memory of the rebellion.
Sport, Race, and American Imperialism
The Misplaced Heritage
As a result of a series of court cases, by the mid-1960s the U.S. post office could no longer interdict books that contained homosexuality. Gay writers were eager to take advantage of this new freedom, but the only houses poised to capitalize on the outpouring of manuscripts were “adult” paperback publishers who marketed their products with salacious covers. Gay critics, unlike their lesbian counterparts, have for the most part declined to take these works seriously, even though they cover an enormous range of genres: adventures, blue collar and gray flannel novels, coming-out stories, detective fiction, gothic novels, historical romances, military stories, political novels, prison fiction, romances, satires, sports stories, and spy thrillers—with far more short story collections than is generally realized. Twelve scholars have now banded together to begin a recovery of this largely forgotten explosion of gay writing that occurred in the 1960s. Descriptions of these pulps have often been inadequate and misinforming, the result of misleading covers, unrepresentative sampling of texts, and a political blindness that refuses to grant worth to pre-Stonewall writing. This volume charts the broader implications of this state of affairs before examining some of the more significant pulp writers from the period. It brings together a diverse range of scholars, methodologies, and reading strategies. The evidence that these essays amass clearly demonstrates the significance of gay pulps for gay literary history, queer cultural studies, and book history.
Choice or Betrayal
The United Nations-organised plebiscite on 11 February 1961 was one of the most significant events in the history of the southern and northern parts of the British-administered trust territory in Cameroon. John Percival was sent by the then Colonial Office as part of the team to oversee the process. This book captures the story of the plebiscite in all its dimensions and intricacies and celebrates the author's admiration for things African through a series of reminiscences of what life was like in the 1960s, both for the Africans themselves and for John Percival as a very young man. The complex story is also a series of reflections about the effect of the modern world on Africa. It is a thorough, insightful, rich and enlightening first-hand source on a political landmark that has never been told before in this way. In a vivid style with a great sense of humour, Percival's witty, cogent, eyewitness and active-participant account deconstructs the rumours and misrepresentations about the February 1961 Plebiscite which was a prelude to reunification and to the present day politics of 'belonging' in Cameroon. "One of the major merits of this book is to provide us with a deeper insight into the role of those actors who have never been the subject of plebiscite studies, namely the Plebiscite Supervisory Officers." - Piet Konings, African Studies Centre, Leiden, The Netherlands John Percival-Anthropologist, Writer, Television Broadcaster of many innovative BBC series on the environment, history and anthropology. As a young graduate he was recruited and sent to serve in the Southern Cameroons as a Plesbiscite Supervisory Officer in 1961. He died in 2005 after a recent return visit to Cameroon with Nigel Wenban-Smith who writes an epilogue. This posthumous memoir has been edited by his wife, Lalage Neal.
A New Global History from Civil Rights to Economic Inequality
The 1970s looks at an iconic decade when the cultural left and economic right came to the fore in American society and the world at large. While many have seen the 1970s as simply a period of failures epitomized by Watergate, inflation, the oil crisis, global unrest, and disillusionment with military efforts in Vietnam, Thomas Borstelmann creates a new framework for understanding the period and its legacy. He demonstrates how the 1970s increased social inclusiveness and, at the same time, encouraged commitments to the free market and wariness of government. As a result, American culture and much of the rest of the world became more--and less--equal.
Borstelmann explores how the 1970s forged the contours of contemporary America. Military, political, and economic crises undercut citizens' confidence in government. Free market enthusiasm led to lower taxes, a volunteer army, individual 401(k) retirement plans, free agency in sports, deregulated airlines, and expansions in gambling and pornography. At the same time, the movement for civil rights grew, promoting changes for women, gays, immigrants, and the disabled. And developments were not limited to the United States. Many countries gave up colonial and racial hierarchies to develop a new formal commitment to human rights, while economic deregulation spread to other parts of the world, from Chile and the United Kingdom to China.
Placing a tempestuous political culture within a global perspective, The 1970s shows that the decade wrought irrevocable transformations upon American society and the broader world that continue to resonate today.
Some images inside the book are unavailable due to digital copyright restrictions.
"CWAG's American Indian Law Deskbook has quickly become one of the most authoritative and up-to-date works in the field, and CWAG has dutifully published yearly supplements... The most thorough survey available of the legal relationship between tribes, states, and the federal government."--The Federal Lawyer
Thorough, scholarly, and balanced, the American Indian Law Deskbook, Fourth Edition, published in February 2009, is an invaluable reference for a wide range of people working with Indian tribes, including attorneys, legal scholars, government officials, social workers, state and tribal jurists, and historians. The 2009 Supplement reviews cases issued as well as statutes and administrative rules adopted between July 2008 and June 2009. It additionally covers law review articles published between spring 2008 and spring 2009.
“CWAG's American Indian Law Deskbook has quickly become one of the most authoritative and up-to-date works in the field, and CWAG has dutifully published yearly supplements... The most thorough survey available of the legal relationship among tribes, states, and the federal government."—The Federal Lawyer
Thorough, scholarly, and balanced, The American Indian Law Deskbook, Fourth Edition, published in February 2009, is an invaluable reference for a wide range of people working with Indian tribes, including attorneys, legal scholars, government officials, social workers, state and tribal jurists, and historians. The 2011 Supplement reviews cases issued, as well as statutes and administrative rules adopted, from July 2010 through June 2011. It additionally covers law review articles published between spring 2010 and spring 2011
Conversations with the World's Foremost Thinkers