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The Myth of Independence: How Congress Governs the Federal Reserve
by Sarah Binder Mark SpindelBorn out of crisis a century ago, the Federal Reserve has become the most powerful macroeconomic policymaker and financial regulator in the world. The Myth of Independence traces the Fed’s transformation from a weak, secretive, and decentralized institution in 1913 to a remarkably transparent central bank a century later. Offering a unique account of Congress’s role in steering this evolution, Sarah Binder and Mark Spindel explore the Fed’s past, present, and future and challenge the myth of its independence.Binder and Spindel argue that recurring cycles of crisis, blame, and reform propelled lawmakers to create and revamp the powers and governance of the Fed at critical junctures, including the Panic of 1907, the Great Depression, the postwar Treasury-Fed Accord, the inflationary episode of the 1970s, and the recent financial crisis. Marshaling archival sources, interviews, and statistical analyses, the authors pinpoint political and economic dynamics that shaped interactions between the legislature and the Fed, and that have generated a far stronger central bank than anticipated at its founding. The Fed today retains its unique federal style, diluting the ability of lawmakers and the president to completely centralize control of monetary policy.In the long wake of the financial crisis, with economic prospects decidedly subpar, partisan rivals in Congress seem poised to continue battling over the Fed’s statutory mandates and the powers given to achieve them. Examining the interdependent relationship between America’s Congress and its central bank, The Myth of Independence presents critical insights about the future of monetary and fiscal policies that drive the nation’s economy.
The Myth of Inevitable US Defeat in Vietnam (Strategy and History)
by Dale WaltonThis book offers a dispassionate strategic examination of the Vietnam conflict that challenges the conventional wisdom that South Vietnam could not survive as an independent non-communist entity over the long term regardless of how the United States conducted its military- political effort in Indochina.
The Myth of Inevitable US Defeat in Vietnam (Strategy and History)
by Dale WaltonThis book offers a dispassionate strategic examination of the Vietnam conflict that challenges the conventional wisdom that South Vietnam could not survive as an independent non-communist entity over the long term regardless of how the United States conducted its military- political effort in Indochina.
The Myth of International Order: Why Weak States Persist and Alternatives to the State Fade Away
by Arjun ChowdhuryIn February of 2011, Libyan citizens rebelled against Muammar Qaddafi and quickly unseated him. The speed of the regime's collapse confounded many observers, and the ensuing civil war showed Foreign Policy's index of failed states to be deeply flawed--FP had, in 2010, identified 110 states as being more likely than Libya to descend into chaos. They were spectacularly wrong, but this points to a larger error in conventional foreign policy wisdom: failed, or weak and unstable, states are not anomalies but are instead in the majority. More states resemble Libya than Sweden. Why are most states weak and unstable? Taking as his launching point Charles Tilly's famous dictum that 'war made the state, and the state made war,' Arjun Chowdhury argues that the problem lies in our mistaken equation of democracy and economic power with stability. But major wars are the true source of stability: only the existential crisis that such wars produced could lead citizens to willingly sacrifice the resources that allowed the state to build the capacity it needed for survival. Developing states in the postcolonial era never experienced the demands major interstate war placed on European states, and hence citizens in those nations have been unwilling to sacrifice the resources that would build state capacity. For example, India and Mexico are established democracies with large economies. Despite their indices of stability, both countries are far from stable: there is an active Maoist insurgency in almost a quarter of India's districts, and Mexico is plagued by violence, drug trafficking, and high levels of corruption in local government. Nor are either effective at collecting revenue. As a consequence, they do not have the tax base necessary to perform the most fundamental tasks of modern states: controlling organized violence in a given territory and providing basic services to citizens. By this standard, the majority of states in the world--about two thirds--are weak states. Chowdury maintains that an accurate evaluation of international security requires a normative shift : the language of weakness and failure belies the fact that strong states are exceptions. Chowdhury believes that dismantling this norm is crucial, as it encourages developing states to pursue state-building via war, which is an extremely costly approach--in terms of human lives and capital. Moreover, in our era, such an approach is destined to fail because the total wars of the past are highly unlikely to occur today. Just as importantly, the non-state alternatives on offer are not viable alternatives. For better or worse, we will continue to live in a state-dominated world where most states are weak. Counterintuitive and sweeping in its coverage, The Myth of International Order demands that we fundamentally rethink foundational concepts of international politics like political stability and state failure.
MYTH OF INTERNATIONAL ORDER C: Why Weak States Persist and Alternatives to the State Fade Away
by Arjun ChowdhuryIn February of 2011, Libyan citizens rebelled against Muammar Qaddafi and quickly unseated him. The speed of the regime's collapse confounded many observers, and the ensuing civil war showed Foreign Policy's index of failed states to be deeply flawed--FP had, in 2010, identified 110 states as being more likely than Libya to descend into chaos. They were spectacularly wrong, but this points to a larger error in conventional foreign policy wisdom: failed, or weak and unstable, states are not anomalies but are instead in the majority. More states resemble Libya than Sweden. Why are most states weak and unstable? Taking as his launching point Charles Tilly's famous dictum that 'war made the state, and the state made war,' Arjun Chowdhury argues that the problem lies in our mistaken equation of democracy and economic power with stability. But major wars are the true source of stability: only the existential crisis that such wars produced could lead citizens to willingly sacrifice the resources that allowed the state to build the capacity it needed for survival. Developing states in the postcolonial era never experienced the demands major interstate war placed on European states, and hence citizens in those nations have been unwilling to sacrifice the resources that would build state capacity. For example, India and Mexico are established democracies with large economies. Despite their indices of stability, both countries are far from stable: there is an active Maoist insurgency in almost a quarter of India's districts, and Mexico is plagued by violence, drug trafficking, and high levels of corruption in local government. Nor are either effective at collecting revenue. As a consequence, they do not have the tax base necessary to perform the most fundamental tasks of modern states: controlling organized violence in a given territory and providing basic services to citizens. By this standard, the majority of states in the world--about two thirds--are weak states. Chowdury maintains that an accurate evaluation of international security requires a normative shift : the language of weakness and failure belies the fact that strong states are exceptions. Chowdhury believes that dismantling this norm is crucial, as it encourages developing states to pursue state-building via war, which is an extremely costly approach--in terms of human lives and capital. Moreover, in our era, such an approach is destined to fail because the total wars of the past are highly unlikely to occur today. Just as importantly, the non-state alternatives on offer are not viable alternatives. For better or worse, we will continue to live in a state-dominated world where most states are weak. Counterintuitive and sweeping in its coverage, The Myth of International Order demands that we fundamentally rethink foundational concepts of international politics like political stability and state failure.
The Myth of Mao Zedong and Modern Insurgency
by Francis GriceTackling one of the most prevalent myths about insurgencies, this book examines and rebuts the popular belief that Mao Zedong created a fundamentally new form of warfare that transformed the nature of modern insurgency. The labeling of an insurgent enemy as using “Maoist Warfare” has been a common phenomenon since Mao’s victory over the Guomindang in 1949, from Malaya and Vietnam during the Cold War to Afghanistan and Syria today. Yet, this practice is heavily flawed. This book argues that Mao did not invent a new breed of insurgency, failed to produce a coherent vision of how insurgencies should be fought, and was not influential in his impact upon subsequent insurgencies. Consequently, Mao’s writings cannot be used to generate meaningful insights for understanding those insurgencies that came after him. This means that scholars and policymakers should stop using Mao as a tool for understanding insurgencies and as a straw man against whom to target counterinsurgency strategies.
The Myth of Mao Zedong and Modern Insurgency
by Francis GriceTackling one of the most prevalent myths about insurgencies, this book examines and rebuts the popular belief that Mao Zedong created a fundamentally new form of warfare that transformed the nature of modern insurgency. The labeling of an insurgent enemy as using “Maoist Warfare” has been a common phenomenon since Mao’s victory over the Guomindang in 1949, from Malaya and Vietnam during the Cold War to Afghanistan and Syria today. Yet, this practice is heavily flawed. This book argues that Mao did not invent a new breed of insurgency, failed to produce a coherent vision of how insurgencies should be fought, and was not influential in his impact upon subsequent insurgencies. Consequently, Mao’s writings cannot be used to generate meaningful insights for understanding those insurgencies that came after him. This means that scholars and policymakers should stop using Mao as a tool for understanding insurgencies and as a straw man against whom to target counterinsurgency strategies.
The Myth of Michael Jordan in Popular Culture (Routledge Research in Sport, Culture and Society)
by Tomasz JachećThis book examines the life and career of Michael Jordan, one of the greatest athletes in the history of sports, asking how he transcended his sport to become a canonical myth in popular culture.Drawing on work in sport studies, cultural studies, sociology, history, business, and media, this book helps us to understand how myths are made in modern society and highlights the importance of myths in a ‘post‑truth’ world. It unpacks the underlying ‘monomythical’ structure of the Jordan myth, including the universality of the ‘hero’s journey’, and explores those features that are inherently American but that also carried Jordan to the status of a global superstar. This book traces the contours of his career and looks at how the intersection of commercial interests, media narratives, and supreme athletic talent, in a particular social, political, and historical context, generated a myth that continues to resonate today, long after the end of Jordan’s playing career.Drawing on original research and adding new theoretical depth to our understanding of Michael Jordan’s place in popular culture, this book is essential reading for anybody with an interest in the relationship between sport and wider society.
The Myth of Michael Jordan in Popular Culture (Routledge Research in Sport, Culture and Society)
by Tomasz JachećThis book examines the life and career of Michael Jordan, one of the greatest athletes in the history of sports, asking how he transcended his sport to become a canonical myth in popular culture.Drawing on work in sport studies, cultural studies, sociology, history, business, and media, this book helps us to understand how myths are made in modern society and highlights the importance of myths in a ‘post‑truth’ world. It unpacks the underlying ‘monomythical’ structure of the Jordan myth, including the universality of the ‘hero’s journey’, and explores those features that are inherently American but that also carried Jordan to the status of a global superstar. This book traces the contours of his career and looks at how the intersection of commercial interests, media narratives, and supreme athletic talent, in a particular social, political, and historical context, generated a myth that continues to resonate today, long after the end of Jordan’s playing career.Drawing on original research and adding new theoretical depth to our understanding of Michael Jordan’s place in popular culture, this book is essential reading for anybody with an interest in the relationship between sport and wider society.
The Myth of Modernity (Collected Works of Charles Baudouin)
by Charles BaudouinFirst published in 1950, this is a late work by Charles Baudouin, world-famous French psychologist, and takes its title from the opening chapter which examines the transformation of the myth of Progress, characteristic of the eighteenth and nineteenth centuries, into the myth of Modernity, characteristic of the time of writing. The author has little sympathy for a development which he regards as essentially vulgar; the myth of Progress, he says, had its aspiration and gave man reasons for reaching out for better things, but the myth of Modernity ‘seems to give humanity reasons only for fleeing from itself, reasons for unhappiness, inasmuch as the man who runs away from himself is an unhappy man’. This chapter is characteristic of those that follow – on Baudelaire, Verlaine and other literary topics; on Art and the Epoch, The Prestige of Action, Technique versus Mysticism, Opinion and Tolerance, etc. A broad humanity and a gentle irony are the characteristic features of this stimulating book, now available again to be enjoyed in its historical context.
The Myth of Modernity (Collected Works of Charles Baudouin)
by Charles BaudouinFirst published in 1950, this is a late work by Charles Baudouin, world-famous French psychologist, and takes its title from the opening chapter which examines the transformation of the myth of Progress, characteristic of the eighteenth and nineteenth centuries, into the myth of Modernity, characteristic of the time of writing. The author has little sympathy for a development which he regards as essentially vulgar; the myth of Progress, he says, had its aspiration and gave man reasons for reaching out for better things, but the myth of Modernity ‘seems to give humanity reasons only for fleeing from itself, reasons for unhappiness, inasmuch as the man who runs away from himself is an unhappy man’. This chapter is characteristic of those that follow – on Baudelaire, Verlaine and other literary topics; on Art and the Epoch, The Prestige of Action, Technique versus Mysticism, Opinion and Tolerance, etc. A broad humanity and a gentle irony are the characteristic features of this stimulating book, now available again to be enjoyed in its historical context.
The Myth of Morgan la Fey (Arthurian and Courtly Cultures)
by K. PérezThe sister of King Arthur goes by many names: sorceress, kingmaker, death-wielder, mother, lover, goddess. The Myth of Morgan la Fey reveals her true identity through a comprehensive investigation of the famed enchantress' evolution - or devolution - over the past millennium and its implications for gender relations today.
The Myth of Nations: The Medieval Origins of Europe
by Patrick J. GearyModern-day Europeans by the millions proudly trace back their national identities to the Celts, Franks, Gauls, Goths, Huns, or Serbs--or some combination of the various peoples who inhabited, traversed, or pillaged their continent more than a thousand years ago. According to Patrick Geary, this is historical nonsense. The idea that national character is fixed for all time in a simpler, distant past is groundless, he argues in this unflinching reconsideration of European nationhood. Few of the peoples that many Europeans honor as sharing their sense of ''nation'' had comparably homogeneous identities; even the Huns, he points out, were firmly united only under Attila's ten-year reign.Geary dismantles the nationalist myths about how the nations of Europe were born. Through rigorous analysis set in lucid prose, he contrasts the myths with the actual history of Europe's transformation between the fourth and ninth centuries--the period of grand migrations that nationalists hold dear. The nationalist sentiments today increasingly taken for granted in Europe emerged, he argues, only in the nineteenth century. Ironically, this phenomenon was kept alive not just by responsive populations--but by complicit scholars.Ultimately, Geary concludes, the actual formation of European peoples must be seen as an extended process that began in antiquity and continues in the present. The resulting image is a challenge to those who anchor contemporary antagonisms in ancient myths--to those who claim that immigration and tolerance toward minorities despoil ''nationhood.'' As Geary shows, such ideologues--whether Le Pens who champion ''the French people born with the baptism of Clovis in 496'' or Milosevics who cite early Serbian history to claim rebellious regions--know their myths but not their history.The Myth of Nations will be intensely debated by all who understood that a history that does not change, that reduces the complexities of many centuries to a single, eternal moment, isn't history at all.
The Myth of Primitivism
by Susan HillerThis book explores the fusion of myth, history and geography which leads to ideas of primitivism, and looks at their construction, interpretation and consumption in Western culture. Contextualized by Susan Hiller's introductions to each section, discussions range from the origins of cultural colonialism to eurocentric ideas of primitive societies, including the use of primitive culture in constructing national identities, and the appropriation of primitivist imagery in modernist art. The result is a controversial critique of art theory, practice and politics, and a major enquiry into the history of primitivism and its implications for contemporary culture.
The Myth of Primitivism
by Susan HillerThis book explores the fusion of myth, history and geography which leads to ideas of primitivism, and looks at their construction, interpretation and consumption in Western culture. Contextualized by Susan Hiller's introductions to each section, discussions range from the origins of cultural colonialism to eurocentric ideas of primitive societies, including the use of primitive culture in constructing national identities, and the appropriation of primitivist imagery in modernist art. The result is a controversial critique of art theory, practice and politics, and a major enquiry into the history of primitivism and its implications for contemporary culture.
The Myth of Rescue: Why the Democracies Could Not Have Saved More Jews from the Nazis
by W.D. RubinsteinIt has long been argued that the Allies did little or nothing to rescue Europe's Jews. Arguing that this has been consistently misinterpreted, The Myth of Rescue states that few Jews who perished could have been saved by any action of the Allies. In his new introduction to the paperback edition, Willliam Rubinstein responds to the controversy caused by his challenging views, and considers further the question of bombing Auschwitz, which remains perhaps the most widely discussed alleged lost opportunity for saving Jews available to the Allies.
The Myth of Rescue: Why the Democracies Could Not Have Saved More Jews from the Nazis
by W.D. RubinsteinIt has long been argued that the Allies did little or nothing to rescue Europe's Jews. Arguing that this has been consistently misinterpreted, The Myth of Rescue states that few Jews who perished could have been saved by any action of the Allies. In his new introduction to the paperback edition, Willliam Rubinstein responds to the controversy caused by his challenging views, and considers further the question of bombing Auschwitz, which remains perhaps the most widely discussed alleged lost opportunity for saving Jews available to the Allies.
The Myth of Seneca Falls: Memory and the Women's Suffrage Movement, 1848-1898 (Gender and American Culture)
by Lisa TetraultThe story of how the women's rights movement began at the Seneca Falls convention of 1848 is a cherished American myth. The standard account credits founders such as Elizabeth Cady Stanton, Susan B. Anthony, and Lucretia Mott with defining and then leading the campaign for women's suffrage. In her provocative new history, Lisa Tetrault demonstrates that Stanton, Anthony, and their peers gradually created and popularized this origins story during the second half of the nineteenth century in response to internal movement dynamics as well as the racial politics of memory after the Civil War. The founding mythology that coalesced in their speeches and writings--most notably Stanton and Anthony's History of Woman Suffrage--provided younger activists with the vital resource of a usable past for the ongoing struggle, and it helped consolidate Stanton and Anthony's leadership against challenges from the grassroots and rival suffragists.As Tetrault shows, while this mythology has narrowed our understanding of the early efforts to champion women's rights, the myth of Seneca Falls itself became an influential factor in the suffrage movement. And along the way, its authors amassed the first archive of feminism and literally invented the modern discipline of women's history.2015 Mary Jurich Nickliss Prize, Organization of American Historians
The Myth of Southern Exceptionalism
by Matthew D. Lassiter Joseph CrespinoMore than one-third of the population of the United States now lives in the South, a region where politics, race relations, and the economy have changed dramatically since World War II. Yet historians and journalists continue to disagree over whether the modern South is dominating, deviating from, or converging with the rest of the nation. Has the time come to declare the end of southern history? And how do the stories of American history change if the South is no longer seen as a region apart--as the conservative counterpoint to a liberal national ideal? The Myth of Southern Exceptionalism challenges the idea of southern distinctiveness in order to offer a new way of thinking about modern American history. For too long, the belief in an exceptional South has encouraged distortions and generalizations about the nation's otherwise liberal traditions, especially by compartmentalizing themes of racism, segregation, and political conservatism in one section of the country. This volume dismantles popular binaries--of de facto versus de jure segregation, red state conservatism versus blue state liberalism, the "South" versus the "North"--to rewrite the history of region and nation alike. Matthew Lassiter and Joseph Crespino present thirteen essays--framed by their provocative introduction--that reinterpret major topics such as the civil rights movement in the South and the North, the relationship between conservative backlash and liberal reform throughout the country, the rise of the Religious Right as a national phenomenon, the emergence of the metropolitan Sunbelt, and increasing suburban diversity in a multiracial New South. By writing American history across regional borders, this volume spends as much time outside as inside the traditional boundaries of the South, moving from Mississippi to New York City, from Southern California to South Carolina, from Mexico to Atlanta, from Hollywood to the Newport Folk Festival, and from the Pentagon to the Attica prison rebellion.
The Myth of Southern Exceptionalism
by Matthew D. Lassiter Joseph CrespinoMore than one-third of the population of the United States now lives in the South, a region where politics, race relations, and the economy have changed dramatically since World War II. Yet historians and journalists continue to disagree over whether the modern South is dominating, deviating from, or converging with the rest of the nation. Has the time come to declare the end of southern history? And how do the stories of American history change if the South is no longer seen as a region apart--as the conservative counterpoint to a liberal national ideal? The Myth of Southern Exceptionalism challenges the idea of southern distinctiveness in order to offer a new way of thinking about modern American history. For too long, the belief in an exceptional South has encouraged distortions and generalizations about the nation's otherwise liberal traditions, especially by compartmentalizing themes of racism, segregation, and political conservatism in one section of the country. This volume dismantles popular binaries--of de facto versus de jure segregation, red state conservatism versus blue state liberalism, the "South" versus the "North"--to rewrite the history of region and nation alike. Matthew Lassiter and Joseph Crespino present thirteen essays--framed by their provocative introduction--that reinterpret major topics such as the civil rights movement in the South and the North, the relationship between conservative backlash and liberal reform throughout the country, the rise of the Religious Right as a national phenomenon, the emergence of the metropolitan Sunbelt, and increasing suburban diversity in a multiracial New South. By writing American history across regional borders, this volume spends as much time outside as inside the traditional boundaries of the South, moving from Mississippi to New York City, from Southern California to South Carolina, from Mexico to Atlanta, from Hollywood to the Newport Folk Festival, and from the Pentagon to the Attica prison rebellion.
The Myth Of The Blitz
by Angus CalderThe Myth of the Blitz was nurtured at every level of society. It rested upon the assumed invincibility of an island race distinguished by good humour, understatement and the ability to pluck victory from the jaws of defeat by team work, improvisation and muddling through.In fact, in many ways, the Blitz was not like that. Sixty-thousand people were conscientious objectors; a quarter of London's population fled to the country; Churchill and the royal family were booed while touring the aftermath of air-raids; Britain was not bombed into classless democracy.Angus Calder provides a compelling examination of the events of 1940 and 1941 - when Britain 'stood alone' against the Luftwaffe - and of the Myth which sustained her 'finest hour'.
The Myth of the Cultural Jew: Culture and Law in Jewish Tradition
by Roberta Rosenthal KwallA myth exists that Jews can embrace the cultural components of Judaism without appreciating the legal aspects of the Jewish tradition. This myth suggests that law and culture are independent of one another. In reality, however, much of Jewish culture has a basis in Jewish law. Similarly, Jewish law produces Jewish culture. A cultural analysis paradigm provides a useful way of understanding the Jewish tradition as the product of both legal precepts and cultural elements. This paradigm sees law and culture as inextricably intertwined and historically specific. This perspective also emphasizes the human element of law's composition and the role of existing power dynamics in shaping Jewish law. In light of this inevitable intersection between culture and law, The Myth of the Cultural Jew: Culture and Law in Jewish Tradition argues that Jewish culture is shallow unless it is grounded in Jewish law. Roberta Rosenthal Kwall develops and applies a cultural analysis paradigm to the Jewish tradition that departs from the understanding of Jewish law solely as the embodiment of Divine command. Her paradigm explains why both law and culture must matter to those interested in forging meaningful Jewish identity and transmitting the tradition.
The Myth of the Cultural Jew: Culture and Law in Jewish Tradition
by Roberta Rosenthal KwallA myth exists that Jews can embrace the cultural components of Judaism without appreciating the legal aspects of the Jewish tradition. This myth suggests that law and culture are independent of one another. In reality, however, much of Jewish culture has a basis in Jewish law. Similarly, Jewish law produces Jewish culture. A cultural analysis paradigm provides a useful way of understanding the Jewish tradition as the product of both legal precepts and cultural elements. This paradigm sees law and culture as inextricably intertwined and historically specific. This perspective also emphasizes the human element of law's composition and the role of existing power dynamics in shaping Jewish law. In light of this inevitable intersection between culture and law, The Myth of the Cultural Jew: Culture and Law in Jewish Tradition argues that Jewish culture is shallow unless it is grounded in Jewish law. Roberta Rosenthal Kwall develops and applies a cultural analysis paradigm to the Jewish tradition that departs from the understanding of Jewish law solely as the embodiment of Divine command. Her paradigm explains why both law and culture must matter to those interested in forging meaningful Jewish identity and transmitting the tradition.
The Myth of the Eternal Return: Cosmos and History (Bollingen Series #682)
by Mircea EliadeFirst published in English in 1954, this founding work of the history of religions secured the North American reputation of the Romanian émigré-scholar Mircea Eliade. Making reference to an astonishing number of cultures and drawing on scholarship published in no fewer than half a dozen European languages, The Myth of the Eternal Return illuminates the religious beliefs and rituals of a wide variety of archaic religious cultures. While acknowledging that a return to their practices is impossible, Eliade passionately insists on the value of understanding their views to enrich the contemporary imagination of what it is to be human. This book includes an introduction from Jonathan Z. Smith that provides essential context and encourages readers to engage in an informed way with this classic text.
