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		<title>revolutionary road</title>
		<link>http://readingreadingreading.wordpress.com/2010/04/10/revolutionary-road/</link>
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		<pubDate>Sat, 10 Apr 2010 06:01:30 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[fiction]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[Revolutionary Road]]></category>
		<category><![CDATA[Richard Yates]]></category>

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		<description><![CDATA[Revolutionary Road is the name of the street where Frank and April Wheeler live in Richard Yates&#8217; novel of the same name.  Of course they do, because Frank and April have a horror of convention -  they maintain an ironic detachment from their suburban home as proof of their authenticity and intellectual superiority. The problem [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=251&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Revolutionary Road is the name of the street where Frank and April Wheeler live in Richard Yates&#8217; novel of the same name.  Of course they do, because Frank and April have a horror of convention -  they maintain an ironic detachment from their suburban home as proof of their authenticity and intellectual superiority.</p>
<p>The problem is, neither has ever had the courage to be truly authentic.  Now they&#8217;re stuck in a marriage that&#8217;s lost its purpose, in a dead-end job and an affair he doesn&#8217;t want (Frank) and in household drudgery and motherhood (April).  Their ironic facade is not fooling anyone, even themselves.</p>
<p>Trying to break out of this  spiral towards deathly conformity, April suggests they move to Paris.  Frank can write his novel an April will go out to work to support them.  They&#8217;ll be European, urbane, sophisticated, their real selves and  thousands of miles from the dreaded stultifying suburbs.</p>
<p>This plan energises them for a while but Frank begins to realize that he  is never going to write the novel because he&#8217;s not talented nor brave  enough. He is secretly relieved when April announces she&#8217;s pregnant.  April is adamant that the pregnancy should be terminated, and frank thinks  he&#8217;s talked her around, until she takes matters into her own hands. It  ends tragically.</p>
<p>This was a fantastic book. It&#8217;s a well observed and perceptive portrait of a  relationship that&#8217;s run out of steam, satirical and sympathetic. It is  identifiably of its time and place, in the way John Updike&#8217;s  short stories of the same period are, but the book&#8217;s not in the slightest bit dated.  There are no superfluous words or characters, which takes real talent  from a writer.</p>
<p>The best novels for me these days are ones full of uncomfortable truths  and insight, disappointment and bitter realisations. Revolutionary Road has all this  without being depressing, morbid, sordid or maudlin. I could read it again and again.</p>
<p><em><strong>Revolutionary Road<br />
Richard Yates<br />
Vintage Classics (1961)</strong></em></p>
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			<media:title type="html">alison</media:title>
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		<title>short and sweet</title>
		<link>http://readingreadingreading.wordpress.com/2010/04/02/short-and-sweet/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/04/02/short-and-sweet/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 05:56:50 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[quickies]]></category>

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		<description><![CDATA[Books I&#8217;ve read lately but won&#8217;t be reviewing in full (no time or no point) Madam Bovary &#8211; Gustave Flaubert &#8211; enjoyed tremendously, amazing how true to life it remains North and South &#8211; Elizabeth Gaskell &#8211; patchy and a bit overblown Boys and Girls Forever &#8211; Alison Lurie &#8211; about kids literature, too US-centric [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=249&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Books I&#8217;ve read lately but won&#8217;t be reviewing in full (no time or no point)</p>
<ul>
<li><strong>Madam Bovary</strong> &#8211; Gustave Flaubert &#8211; enjoyed tremendously, amazing how true to life it remains</li>
<li><strong>North and South</strong> &#8211; Elizabeth Gaskell &#8211; patchy and a bit overblown</li>
<li><strong>Boys and Girls Forever</strong> &#8211; Alison Lurie &#8211; about kids literature, too US-centric to be fully enjoyable</li>
<li><strong>Sucked In</strong> &#8211; Shane Maloney (re-read) &#8211; Murray Whelan is my favourite detective and I hope there&#8217;s a sequel to Sucked In describing his adventures in Canberra and the Senate</li>
<li><strong>Jungfrau</strong> &#8211; Dymphna Cusack &#8211; a bit dated, oh what a tizzle people used to get themselves into about young women having sex and abortions. Come In Spinner and Heatwave in Berlin much better examples of her work</li>
</ul>
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			<media:title type="html">alison</media:title>
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		<title>denialism</title>
		<link>http://readingreadingreading.wordpress.com/2010/04/02/denialism/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/04/02/denialism/#comments</comments>
		<pubDate>Fri, 02 Apr 2010 05:37:04 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[non-fiction]]></category>
		<category><![CDATA[not recommended]]></category>
		<category><![CDATA[complementary medicine]]></category>
		<category><![CDATA[denialism]]></category>
		<category><![CDATA[GM food]]></category>
		<category><![CDATA[michael specter]]></category>
		<category><![CDATA[MMR vaccine]]></category>
		<category><![CDATA[oragnic food]]></category>

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		<description><![CDATA[Michael Specter's Denialism: short on analysis, long on examples; too much ranting and no solutions<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=247&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a title="michael specter's website" href="http://www.michaelspecter.com/" target="_blank">Michael Specter</a>&#8216;s <em>Denialism</em> promises much via subtitle (<em>How irrational thinking hinders scientific progress, harms the planet and threatens our lives</em>), cover blurb and hype. Unfortunately, there&#8217;s not a lot of &#8216;how&#8217; in the book and certainly no &#8216;why&#8217;.</p>
<p>Specter uses six examples where public debate around science and scientific evidence has become polarised and irrational with (he says) negative consequences.</p>
<p><a title="vioxx - wikipedia" href="http://en.wikipedia.org/wiki/Rofecoxib" target="_blank">Vioxx</a> was an anti-inflammatory drug that was withdrawn from the market following concerns about side effected.  Specter uses this example to show how poorly the general public understand risk, and how our evaluation of statistical risk often doesn&#8217;t include the risk of not doing something.</p>
<p>Specter then goes through the <a title="mmr vaccine controversy - wikipedia" href="http://en.wikipedia.org/wiki/MMR_vaccine_controversy" target="_blank">MMR vaccine case</a> and the anti-vaccination movement that grew out of it. He is especially critical of celebrity campaigners such as Jenny McCarthy and those who give them platforms (like Oprah Winfrey), who appear to make no attempt to understand the body of scientific research around vaccines but instead rely on personal experiences and anecdotes.  He notes how quickly this kind of campaigning can lead to populist politicisation and polarisation of the debate, to the detriment of understanding and trust in evidence.</p>
<p>His third example is GM and organic food.  I found this chapter poorly argued. Specter undermines his case for rational and informed debate by being completely uncritical of the GM food industries&#8217; arguments in favour of their products.  He quotes the <a title="golden rice - wikipedia" href="http://en.wikipedia.org/wiki/Golden_rice" target="_blank">Golden Rice</a> example as one of the benefits of GM food, however as <a title="raj patel" href="http://en.wikipedia.org/wiki/Raj_patel" target="_blank">Raj Patel</a> points out in <em>Stuffed or Starved</em>, people in south east asia are not deficient in Vitamin A because there is something wrong with rice. They are deficient in vitamin A because they can&#8217;t afford to eat anything but rice.</p>
<p>Specter also ignores any engagement with the ethical arguments around organic food and GM food, in favour of treating the debate as one of mere <a title="in defence of food - my review" href="http://readingreadingreading.wordpress.com/2009/07/26/in-defense-of-food/" target="_blank">nutritionism</a>.  Given his emphasis on the importance of understanding risk in the Vioxx example and his pleas for rational decision making, it was really disappointing that he incorrectly defined  the precautionary principle as &#8216;hold[ing] that any risk, no matter how remote, must be given more weight than any possible benefit, no matter how great&#8217; (<a title="precautionary principle" href="http://en.wikipedia.org/wiki/Precautionary_principle" target="_blank">here is the actual definition</a>) and used this spurious definition to support his argument.</p>
<p><span id="more-247"></span>Next comes complementary medicine.  Specter focusses more on the activities of someone called Andrew Weil, who has a big internet-based business in selling dietary supplements and complementary medicines.  He makes some good points about poor regulation by the Food and Drug Administration (FDA), and draws attention to the competing aims of the FDA and the $100 million a year National Centre for Complementary and Alternative Medicines, established on the lobbying of a US Senator who believes that bee therapy cured his allergies.  Specter uses quotes from this Senator to illustrate a neat point: &#8216;<em>confusing popularity with authority is one of the hallmarks of denialism</em>&#8216;.</p>
<p>Specter moves on to consider some of the controversies that have arisen from DNA technology and racial differences. Differences in how people from different ethnic background metabolise drugs, for example, or the persistence of certain diseases in some groups and not others.  Race is probably a hotter issue in the US than in some other countries, but it would have been interesting to have seen more engagement in this chapter with economic and social issues that also persist around race, and how these play into the debate about medicine and disease.</p>
<p>The final example he uses is synthetic biology, but this was not well explained (nor did he have many examples of denialism to make his case). It seems more of a repository of a few interesting things he&#8217;d come across in the course of research that he couldn&#8217;t bear to leave out.</p>
<p>The underlying theme of this book, which is largely hidden beneath layers of ranting and first person examples, is not really the glib &#8216;denialism&#8217;, but more that the public no longer trust governments, regulatory structures, institutions and science largely because of poor communication by those groups (and some bad behaviour).  This has allowed people who are better communicators (like Oprah Winfrey) to take over as trusted conduits of information, never mind that the information they are putting out there is wrong.</p>
<p>It&#8217;s also short on solutions.  In the final two paragraphs Specter make a peculiar attempt to provide an argument for re-engaging public interest (though not trust) in and understanding of science, by invoking peak oil and climate change as motivating factors.  Leaving aside that these areas are as affected by mistrust and misinformation as any other, I find it hard to believe that these issues will fix the problem.</p>
<div id="_mcePaste" style="position:absolute;left:-10000px;top:0;width:1px;height:1px;overflow:hidden;">http://www.michaelspecter.com/VIoxx</div>
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			<media:title type="html">alison</media:title>
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		<title>dead europe</title>
		<link>http://readingreadingreading.wordpress.com/2010/02/23/dead-europe/</link>
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		<pubDate>Tue, 23 Feb 2010 04:18:22 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[fiction]]></category>
		<category><![CDATA[australia]]></category>
		<category><![CDATA[christos tsiolkas]]></category>
		<category><![CDATA[europe]]></category>
		<category><![CDATA[horror]]></category>

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		<description><![CDATA[It&#8217;s been over a month since I finished Christos Tsiolkas&#8217; Dead Europe and I&#8217;m still unsure what to think of it.  I&#8217;d say it&#8217;s really really good, but I can&#8217;t explain why. I&#8217;d say it is really visceral and revolting, but I don&#8217;t mean that in a bad way. I&#8217;d tell you it has vampires [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=244&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>It&#8217;s been over a month since I finished Christos Tsiolkas&#8217; <em>Dead Europe</em> and I&#8217;m still unsure what to think of it.  I&#8217;d say it&#8217;s really really good, but I can&#8217;t explain why. I&#8217;d say it is really visceral and revolting, but I don&#8217;t mean that in a bad way. I&#8217;d tell you it has vampires in it, but I&#8217;d hate you to think it&#8217;s <em>Twilight</em>.</p>
<p><em>Dead Europe</em> has two stories running at once. One is narrated by Isaac, a Greek-Australian photographer travelling in Europe. The other seems like a parable or a fairy tale, but is actually the back-story of Issac&#8217;s mother. Both of them are filled with horror, the difference being that Isaac&#8217;s horror creeps up on him despite his rational new-world outlook, whereas in the back story the horror is tied to superstition and ignorance.</p>
<p>The two stories together cover a lot of ground &#8211; World War Two, the end of communism in Eastern Europe, the immigrant experience, the Holocaust, the Greek coups and Junta. Where the book is really successful is that it doesn&#8217;t use just one of these, it ties them all together into a kind of pan-European story without losing significance of each, and centering these events on the lives of ordinary people.</p>
<p>As Isaac comes to realise that he is possessed, and doomed, the two stories begin to mesh together, and instead of the pretty picture postcard Europe that an Australian tourist might photograph, the dark festering depths of all of Europe&#8217;s history and unresolved hatreds come bubbling up to the surface and can&#8217;t be ignored.</p>
<p>This is one of the most interesting things about this book &#8211; it directly challenges clichés that most readers and writers actively participate in. Immigrants do not make good in the new country, prodigal sons are not lauded on their return to the old country, Paris and Prague are not pretty and romantic, but grim and cruel.</p>
<p>While I can&#8217;t say why, I would strongly recommend this book as a compelling and thought-provoking read, and will leave it to <a title="dead europe review at tabula rasa" href="http://www.tabula-rasa.info/AusHorror/DeadEurope.html" target="_blank">people</a> <a title="ian syson review in the age" href="http://www.theage.com.au/news/Reviews/Dead-Europe/2005/05/26/1116950809861.html" target="_blank">more</a> <a title="humphrey mcqueen review on abc radio national" href="http://www.abc.net.au/rn/arts/booktalk/stories/s1404914.htm" target="_blank">coherent</a> than me to say why.</p>
<p><em><strong>Dead Europe<br />
Christos Tsiolkas<br />
Random House, 2005</strong></em></p>
<h3></h3>
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			<media:title type="html">alison</media:title>
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		<title>american wife</title>
		<link>http://readingreadingreading.wordpress.com/2010/02/18/american-wife/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/02/18/american-wife/#comments</comments>
		<pubDate>Thu, 18 Feb 2010 05:29:08 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[fiction]]></category>
		<category><![CDATA[America]]></category>
		<category><![CDATA[american wife]]></category>
		<category><![CDATA[class]]></category>
		<category><![CDATA[curtis sittenfeld]]></category>
		<category><![CDATA[politics]]></category>

		<guid isPermaLink="false">http://readingreadingreading.wordpress.com/?p=238</guid>
		<description><![CDATA[This book has all the ingredients for a saga: a heroine damaged by early tragedy, a dashing hero with a fatal flaw, violence, politics, families, money, abortion, secrets, a lesbian grandmother and obvious parallel to recent events. It could so easily have gone wrong. Curtis Sittenfeld gets it exactly right. Alice Blackwell, the heroine, is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=238&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>This book has all the ingredients for a saga: a heroine damaged by early tragedy, a dashing hero with a fatal flaw, violence, politics, families, money, abortion, secrets, a lesbian grandmother and obvious parallel to recent events. It could so easily have gone wrong. Curtis Sittenfeld gets it exactly right.</p>
<p>Alice Blackwell, the heroine, is married to a President of the United States, whose presidency, in 2007, is not going very well.  What is keeping Alice awake at night is the fear that she&#8217;s done, or will do something that will put his presidency in jeopardy.  The book consists of Alice looking back over her life, searching and analysing what she has done, looking for that unnoticed event that, if revealed, could bring everything crashing down.</p>
<p>Alice is very ordinary &#8211; she has no strong opinions about anything, and apart from a short period of tragedy and unhappiness at the end of her highschool years, her life has been unremarkable. However these events have also shaped and informed how she&#8217;s lived and are in part responsible for where she is now: First Lady of the US.  While she&#8217;s not particularly perceptive, the book manages to use her voice  for a remarkable analysis of class, power, human nature, and politics in America since the 60s.</p>
<p>I found this book really absorbing &#8211; it&#8217;s well-paced, never boring, clever and full of insight. It combines excellent story telling with a thought-provoking parable on compromise and belief, in a way that&#8217;s incredibly subtle.</p>
<p>Highly recommended.</p>
<p><em><strong>American Wife<br />
Curtis Sittenfeld<br />
Black Swan (2008)</strong></em></p>
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			<media:title type="html">alison</media:title>
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		<title>hexaflexagons, probability, paradoxes and the tower of hanoi</title>
		<link>http://readingreadingreading.wordpress.com/2010/02/13/hexaflexagons-probability-paradoxes-and-the-tower-of-hanoi/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/02/13/hexaflexagons-probability-paradoxes-and-the-tower-of-hanoi/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 06:04:41 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[non-fiction]]></category>
		<category><![CDATA[short]]></category>
		<category><![CDATA[martin gardner]]></category>
		<category><![CDATA[mathematics]]></category>

		<guid isPermaLink="false">http://readingreadingreading.wordpress.com/?p=241</guid>
		<description><![CDATA[I&#8217;ve been reading this book over and over for about a month because the mathematical part of my brain isn&#8217;t much used any more.  Martin Gardner, the author, wrote a column on mathematical games for Scientific American for 25 years, which provided much of the material for his Mathematical Library, of which this is the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=241&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>I&#8217;ve been reading this book over and over for about a month because the mathematical part of my brain isn&#8217;t much used any more.  <a title="martin gardner" href="http://en.wikipedia.org/wiki/Martin_Gardner" target="_blank">Martin Gardner</a>, the author, wrote a column on mathematical games for Scientific American for 25 years, which provided much of the material for his <em>Mathematical Library, </em>of which this is the first book.</p>
<p><em>Hexaflexagons</em> has 16 short chapters with a different mathematical puzzle or paradox in each. Some are easier to grasp than others. Some are familiar from high school, some new.  This was an enjoyable book, though hard work &#8211; I recommend reading with a pencil in hand because at some stage you&#8217;ll want to work things out for yourself. Nerdish fun.</p>
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			<media:title type="html">alison</media:title>
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		<title>arlington park</title>
		<link>http://readingreadingreading.wordpress.com/2010/02/13/arlington-park/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/02/13/arlington-park/#comments</comments>
		<pubDate>Sat, 13 Feb 2010 05:28:25 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[not recommended]]></category>
		<category><![CDATA[feminism]]></category>
		<category><![CDATA[motherhood]]></category>
		<category><![CDATA[rachel cusk]]></category>

		<guid isPermaLink="false">http://readingreadingreading.wordpress.com/?p=236</guid>
		<description><![CDATA[Rachel Cusk is known for articulating ambivalence to motherhood. Arlington Park is no exception. It&#8217;s so bleak that it could be used as contraception. Other than that it&#8217;s a collection of irritating and middle-class people who have dinner parties. Not recommended unless you&#8217;re having doubts about your decision not to breed. Arlington Park Rachel Cusk [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=236&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a title="rachel cusk" href="http://www.contemporarywriters.com/authors/?p=auth25" target="_blank">Rachel Cusk</a> is known for articulating <a href="http://www.guardian.co.uk/books/2008/mar/21/biography.women" target="_blank">ambivalence to motherhood</a>.</p>
<p>Arlington Park is no exception.</p>
<p>It&#8217;s so bleak that it could be used as contraception.</p>
<p>Other than that it&#8217;s a collection of irritating and middle-class people who have dinner parties.</p>
<p>Not recommended unless you&#8217;re having doubts about your decision not to breed.</p>
<p><em><strong>Arlington Park<br />
Rachel Cusk<br />
Faber &amp; Faber (2006)</strong></em></p>
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			<media:title type="html">alison</media:title>
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		<title>three short stories by julian barnes</title>
		<link>http://readingreadingreading.wordpress.com/2010/01/24/three-short-stories-by-julian-barnes/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/01/24/three-short-stories-by-julian-barnes/#comments</comments>
		<pubDate>Sun, 24 Jan 2010 00:05:11 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[fiction]]></category>
		<category><![CDATA[free]]></category>
		<category><![CDATA[short]]></category>

		<guid isPermaLink="false">http://readingreadingreading.wordpress.com/?p=232</guid>
		<description><![CDATA[60/40 Sleeping with John Updike The Revival There should be more short stories online, I reckon.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=232&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a title="60/40" href="http://www.guardian.co.uk/books/2008/aug/02/julian.barnes.short.story" target="_blank">60/40</a></p>
<p><a title="sleeping with john updike" href="http://www.guardian.co.uk/books/2010/jan/23/julian-barnes-new-short-story" target="_blank">Sleeping with John Updike</a></p>
<p><a title="the revival" href="http://www.guardian.co.uk/books/2004/mar/06/originalwriting.fiction" target="_blank">The Revival</a></p>
<p>There should be more short stories online, I reckon.</p>
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			<media:title type="html">alison</media:title>
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		<title>the honorary consul</title>
		<link>http://readingreadingreading.wordpress.com/2010/01/13/the-honorary-consul/</link>
		<comments>http://readingreadingreading.wordpress.com/2010/01/13/the-honorary-consul/#comments</comments>
		<pubDate>Wed, 13 Jan 2010 05:19:48 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[Uncategorized]]></category>

		<guid isPermaLink="false">http://readingreadingreading.wordpress.com/?p=224</guid>
		<description><![CDATA[A provincial town in Argentina in the 1970s. A group of revolutionaries set out to kidnap the American ambassador, insisting they will only release him in exchange for prisoners held in Paraguayan jails.  Things go wrong, and instead they end up with local resident and Honorary British Consul, Charley Fortnum, as their hostage.  He&#8217;s a [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=224&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>A provincial town in Argentina in the 1970s. A group of revolutionaries set out to kidnap the American ambassador, insisting they will only release him in exchange for prisoners held in Paraguayan jails.  Things go wrong, and instead they end up with local resident and Honorary British Consul, Charley Fortnum, as their hostage.  He&#8217;s a middle-aged alcoholic recently married to Clara, a young ex-prostitute.</p>
<p>The local doctor, Eduardo Plarr, is brought in to tend to Fortnum when he falls ill.   Plarr has several dilemmas to resolve. He has been conducting a desultory affair with Clara and is perhaps the father of the child she is carrying. However, his father, who disappeared more than 20 years ago, is one of the prisoners to be released. And in a further twist, the lead kidnapper is a childhood friend.</p>
<p>Graham Greene explores these dilemmas over the course of a few days, as Plarr is drawn, against his will, into a farce that becomes a tragedy.  Like many of Greene&#8217;s lead characters, Plarr is emotionally stunted and reluctant to commit to a course of action. Events move faster than his passions can be aroused, which leads to his downfall.</p>
<p>I didn&#8217;t enjoy <em>The Honorary Consul</em> as much as <em>The Quiet American</em> or <em>Our Man in Havana</em>, but it is still an amusing book. It is meant to be set in the 1970s, but this doesn&#8217;t quite gel, as Plarr and Fortnum in particular seem to belong more to the 1950s. Still, Greene is a good enough writer to keep the tension and dread building right to the climax.</p>
<p>(By co-incidence, the day I finished the book, India&#8217;s junior Foreign Minister <a title="shashi tharoor in twitter" href="http://twitter.com/ShashiTharoor" target="_blank">Shashi Tharoor  tweeted</a>:</p>
<blockquote><p>Met w assocn of honorary consuls -often businessmen representing countries that can&#8217;t afford embassies here. Life: alcohol, protocol, on call</p></blockquote>
<p>which could have been written for Charley Fortnum)</p>
<p><em>The Honorary Consul<br />
Graham Greene<br />
The Bodley Head (1973)</em></p>
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		<title>fool&#8217;s gold</title>
		<link>http://readingreadingreading.wordpress.com/2010/01/08/fools-gold/</link>
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		<pubDate>Fri, 08 Jan 2010 04:42:32 +0000</pubDate>
		<dc:creator>alison</dc:creator>
				<category><![CDATA[non-fiction]]></category>
		<category><![CDATA[economics]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[Gillian Tett]]></category>

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		<description><![CDATA[Fool&#8217;s Gold author Gillian Tett is an assistant editor at the Financial Times, and is generally credited as one of people who predicted the global financial crisis well before it happened.  She has a background as an anthropologist which has helped her to understand and communicate how finance meshes with culture and society. It was [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=readingreadingreading.wordpress.com&amp;blog=6082060&amp;post=221&amp;subd=readingreadingreading&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><em>Fool&#8217;s Gold</em> author Gillian Tett is an <a title="gillian tett - assistant editor" href="http://www.ft.com/comment/columnists/gilliantett" target="_blank">assistant editor at the Financial Times</a>, and is generally credited as one of people who predicted the global financial crisis well before it happened.  She <a title="interview with gillian tett" href="http://www.guardian.co.uk/business/2008/oct/31/creditcrunch-gillian-tett-financial-times" target="_blank">has a background as an anthropologist</a> which has helped her to understand and communicate how finance meshes with culture and society.</p>
<p>It was this broad view that led her to study and write about <a title="credit default swaps" href="http://en.wikipedia.org/wiki/Credit_default_swap" target="_blank">credit default swaps</a> (CDS), beginning in 2003.  <em>Fool&#8217;s G0ld</em> tells the history of CDS, by following the team at JP Morgan who invented them in 1994.  Her book is divided into three sections: Innovation, describing how CDS were invented and sold; <em>Perversion</em>, where CDS spawned further derivative products that moved outside the traditional financial trading areas; and <em>Disaster</em>, which tracks the global financial crisis from the first stirrings of crisis at <a title="bear stearns" href="http://en.wikipedia.org/wiki/Bear_Stearns" target="_blank">Bears Stearns</a> through the free fall of markets in 2008.</p>
<p>Some of the book is heavy going, because derivatives and CDS are complicated and difficult subjects. Tett&#8217;s choice to use the adventures of the JP Morgan team to explain the history of these products stops the book being too dry, but can also be distracting. At times it&#8217;s not clear whether she&#8217;s more interested in telling the CDS story, or the history of JP Morgan. It&#8217;s interesting at the end how most of the JP Morgan team still insist that CDS and derivatives are good things, and that, to paraphrase the book&#8217;s subtitle, the catastrophe was unleashed by unrestrained greed that corrupted the dream of perfect risk allocation.</p>
<p>Overall, this book was reasonably interesting, and is probably worth reading if you feel you should understand what the hell happened in the latter half of 2008. But it&#8217;s not compelling.</p>
<p><em>Fool&#8217;s Gold &#8211; how unrestrained greed corrupted a dream, shattered global markets and unleashed a catastrophe<br />
Gillian Tett<br />
Little, Brown (2009)</em></p>
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