Social &Behavioral Sciences

January 2011

ean48-2775 H061 2009-40255 CIPAndersen, Torben Juul. Strategic risk management practice: howto deal effectively with major corporate exposures, by Torben JuulAndersen and Peter Winther Schroder. Cambridge, 2010. 245p indexISBN 9780521114240, $99.00; ISBN 9780521132152 pbk, $41.00

Andersen (Copenhagen Business School) and Schroder (Saxo BankA/S, Copenhagen) take a nuanced, comprehensive approach to allaspects of risk and risk management Ior the modern corporation. Forthem, till managemenr is risk management, which nicely encapsulatesthe state of thinking in both scholarly and practitioner communitiesat this time. 'The authors ofler clear explications, with compellingexamples, of the major sources of corporate risk and the key tools forrisk analysis and management, including insurance, hedges, options,

the Yauri Emirate in northwestern Nigeria lor centuries. More recently,some have taken up Hausa ethnic identities themselves. AnthropologistSalamone (Irma College) has considerable knowledge abou t this area,which would have been more effectively conveyed if the book had asustained argument. Instead, the author discusses a range of topics in ] 8short chapters in no particular order. For example, chapters on Hausastates and religion arc followed by chapters on Iicldwork experiences,Brirish colonial rule, and the erhnogenesis of Dukawa and Hausaidentities in the Yauri Emirate. Unfortunately, the author docs notprovide an in-depth ethnological account of ethnicity and of the ways thatethnic identities and relations have changed since he began research in the]970s. 'This book may be of some interest to Nigerian studies specialists,bur with its lack of a sustained narrative and analysis, it is likely to mystifyand contuse other readers. Summing Up: Not recommended.-E. RRenne, University ofMichigtlJ7

48-2774 BP611 2009-25678 C1PToward an anthropology of the will, ed. by Keith M. Murphyand C. Jason Throop. Stanford, 2010. 227p bibl index afp ISBN9780804768870, $55.00

Some scholars might argue that for contemporary social theory,every question can be answered with two words: structure or agency.This collection, as much a philosophical discourse as it is anthropology,addresses the agency element in this quotient. "Tacking back and forthfrom "will" as a social form that in specific contexts takes on difFerentfeatures, nuances, limits, and possibilities to the social process andindividual psychology involved when "will" is put to use (willing), theauthors seem to come to the conclusion that there is a little of each­structure in willing and willing in structure-as individuals and groupsact in meaningful ways. The volume's framework is an appropriateone for examining these issues in social theory-phenomenologyand psychology meld to produce extremely up-close portraits rich inethnographic detail. In fact, the collection's major contribution is thethick description applied to thinking about human action in context.This has been, of course, a concern of anthropology since the beginning,and this volume makes an important study in this area of theoreticalinterest. General audiences should enjoy these excellent essays, whichwere written with anthropologists and advanced social theorists in mind.Summing Up: Highly recommended. *** Most levelsllibraries.-s.Ferzacca, Uniuersity ofLethbridge

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48-2772 GN635 2009-36043 C1PMintz, Sidney W. Three ancient colonies: Caribbean themes andvariations. Harvard, 201O. 257p bibl index afp ISBN 9780674050129,$27.95

'Ihe "three colonies" are the Greater Antillean islands ofJamaica,Haiti, and Puerto Rico, ancient because the Caribbean was the firstregion colonized in modern Western history. Mintz (erner., anthropology,Johns Hopkins) did research on each, studying Jamaican church-foundedvillages, Haitian rural market women, and Puerto Rican sugar plantationworkers. '111e long chapters devoted to each island blend history withaccounts of Mintz's field experiences. He shows individual island culturalvariations within the common economic and structural framework ofcolonial Caribbean societies. It is not much recognized today that theCaribbean was a critical center of economic, naval, political, financial,and demographic interactions into the nineteenth century. Thoseprocesses were early globalization. Within those processes went another,creolization. That term refers to the forging of new languages andcultures by enslaved Africans who synthesized African, European, andNative American elements as they worked to survive on the Caribbeanplantations. No creolized language is found in Puerto Rico, where slaveswere a minority who took on the language of the dominant community.Mintz is a great figure among living anthropologists and scholars of theCaribbean. An engaging, accessible, and masterly work. Summing Up:Essential. **** Belongs in all libraries, alllevels.-R. Berlcant-Scbiller;emerita, University ofConnecticut

48-2773 OT51 5 MAR CSalamone, Frank A. The Hausa of Nigeria. University Press of Ameri­ca,201O. 214p bibl afp ISBN 9780761847243 pbk, $35.00

It is hard to understand how this book, with its misleading title,considerable repetition, and many misspellings, was published in irscurrent form, 'The author mainly tocuscs on two small ethnic groups­the Dukawa and the Cungawa-who have interacted with the Hausa in

48-2771 OS36 MAR CMilwright, Marcus. An introduction to Islamic archaeology. Edin­burgh University Press, 2010. 260p bibl index ISBN 9780748523105,$105.00; ISBN 9780748623112 pbk, $32.50

This volume stands alone as a readily accessible, authoritativework on the archaeology of Islam. Milwright (history of art, Univ. ofVictoria, British Columbia) fully reviews the continuity of early Islamand late antiquity, the methodological and theoretical concerns ofIslamic archaeology, and rhe important contributions made by the field.Individual chapters detail the archaeological recovery of important cities;their significant remains, i.e., households, palaces, and mosques; thelandscape and cultural relations that wed the countryside to the city; thenature of the crafts recovered from excavations; and the nature of tradeand communication within the Islamic world. Photos, architecturalplans, and line drawings amply illustrate each topic. The evolution ofmosques, mosaics, and pottery arc among a few of the topics discussedwithin the context of their historical development. 'The author uses thearchaeological evidence to provide credible interpretations of the earlyIslamic economic, poli rical, and social worlds, includi ng religious beliefs.A concluding chapter successfully relates the "post-medieval" world to

the concerns of more recent times. An outstanding introduction that canbe read with profit by general readers as well as professionals. SummingUp: Highly recommended. *** Allievels/libraries.-C C Lamberg­Karlovsl,y, Harvard University

and derivatives. 'They also provide exeellent explanations of enterpriserisk management and strategic risk analysis, which are messier butinvaluable tools for comprehensive risk appreciation and management.Less tangible but equally valuable are the authors' nuanced discussions ofthe dynamics of modern corporate risks and the limits of discrete tools,which compel a deep appreciation of the topics. "The last portion of thebook offers an advance on what is typically provided by enterprise riskmanagement programs: suggestions for how to structure and manageorganizations to enhance awareness and promote astute responses torisk. 'The introduction of this organizational perspective constitutes apromising contribution to debates about integrated risk management.Summing Up: Highly recommended. *** Students, upper-divisionundergraduate and up; faculty; professionals; general readers.-j. R.Meszaros, National Science Foundation

48-2776 HD2336 2010-6729 CIPCommunication, relationships and practices in virtual work, [ed.]by Shawn D.Long. Business Science Reference, 201 O. 365p bibl indexISBN 9781615209798, $180.00

Long (Univ. of North Carolina) has compiled a compendium ofarticles by dozens of contributors, mostly US academics, who addressvarious issues relevant to working in virtual communities. 'The 16articles are subgrouped by communication, relationships, and practicesin virtual work. 'The book's hefty physical size is unwieldy (9 x 11 inches,365 pages). Each article is summarized at the beginning of the volume,and references and endnotes conclude each chapter (with a few termdefinitions). Contributor qualifications are summarized at the end of thebook. While the research presented is academic in nature, the writingstyle is accessible. -111US, practitioners seeking a better understandingof the dynamics of creating and managing virtual organizations wouldbenefit from reading this work. "The extensive chapter-end referenceswill be useful to academics conducting their own research. See related,HandbookofResearch on Virtual Worltplaces and theNew Nature ofBusiness Practices by Paval Zemliansky and Kirk St. Amant (CH,Dec'08, 46-2187). Summing Up: Recommended. ** Upper-divisionundergraduate through practitioner collections.-N. ]. johnson, formerly,Metropolitan State University

48-2777 HD60 2009-48339 CIPFisk, Peter. People, planet, profit: how to embrace sustainabilityfor innovation and business growth. Kogan Page, 2010. 226p biblindex ISBN 9780749454111, $29.95

Fisk (strategist and marketer) draws on his work with majorinternational companies to explore the relationship between globalwelfare and organizational innovation and growth. For Fisk, it is notthat social and environmental issues are more important now thanin the past. Rather, it is the recognition that, for their patronage,today's customers are demanding that businesses find a purpose beyondprofit maximization that reflects concerns for the global future. Hepersuasively argues that leadership and responsibility for the world'sfuture must be an integral component of every organization's cultureand strategic planning. '111e book's ten short chapters are dividedinto four sections: "Rethinking Business," "Reconnecting Business,""Releasing Business," and "Resources." Incorporating interesting casestudies and comments from a number of today's business leaders, thechapters provide unique insight into the ways in which companies asdiverse as Apple Computer and Wal-Mart are translating this demandfor a social purpose into practical plans that create business value

Social &Behavioral Sciences L---==-.J

and long-term viability while also demonstrating a commitment: toenvironmental and social issues. See related, Smartclreen by JonathanEstes (CH, 0et'09, 47-0951), Ma/dng Sustainability Work by MarcEpstein (CH, 0et'08, 46-0995), and the Sustainable EnterpriseFieldbool: by Jeana Wirtenberg (CH, Mar'09, 46-3947). SummingUp: Recommended. ** General readers; all levels of undergraduatestudents; practitioners.-S. R. Kahn, University ofCincinnati

48-2778 HD58 2009-49757 CIPGood business: exercising effective and ethical leadership, ed. byJames O'Toole and Don Mayer. Routledge, 2010. 218p index ISBN9780415879972, $100.00; ISBN 9780415879989 pbk, $24.95

'This collection of 15 short essays is written mostly by facultymembers at the Daniels College of Business, University of Denver. Theessays loosely address questions of corporate culture and leadership, thatis, how "things can go wrong" and how to "make things right." 'Iheessays, which seem to target undergraduate students and the gencralpublic, arc organized in four parts: "Ethics: '111c Personal and theProfcssional," "Organizations and Ethics," "Corporations, Public Policy,and Global Citizenship," and "A View from the Top" (one essay). 'Thetopics "all focus on moral conduct, duty, virtue, and the expression ofvalues." As a whole, business professors will find this collection moreappealing than will philosophers, social scientists, or religious studiesfaculty. 'The foreword, prologue, and epilogue describe the efforts ofDaniels College to become a global leader in teaching business ethics,which is an important and expanding area of the business curriculum.Sec related, Walter Earl Fluker's EthicalLeadership (CH, Dec'09, 47­2072) and 'ferry Price's Leadership Ethics: An Introduction (CH, Apr'09,

46-4521). Summing Up: Recommended. ** General readers;students, lower-division undergraduate and up; practitioners.-R. EWhite, College ofMount St. Joseph

48-2779 TS171 2010-4030 ClPGreene, Jay. Design is how it works: how the smartest companiesturn products into icons. Portfolio, 2010. 231 P bibl index ISBN1591843227, $25.95; ISBN 9781591843221, $25.95

Greenc (Business \fleek technology writer) looks at the critical roledesign plays in creating successful products. "Design isn't merely aboutmaking products aesthetically beautiful," notes Greene. "Design today isabout creating experiences that consumers crave." Too important to bean afterthought, design has to start at the beginning of the developmentprocess, he advises. At Apple, design starts when CEO Steve Jobsand Jonathan Ives, vice president of industrial design, put their headstogether to come up with something that is both simple to use and coolto have. "The result is must-have products from iPhones to iPods andil'ads, "Customers are willing to shell out money for goods that engagethem," says Greene. 'These include Porsche automobiles, Nike shoes, Legotoys, and other brands as eye-appealing as they are utilitarian. But evencompanies with strong design orientations can stumble. Greene citesconsumer electronics company Bang & Olufsen, known for beautifuland tactile products. It designed a Serene mobile phone that looked likea bird in flight but used a rotary dial ill suited for texting-a fact thatensured its failure. See related, Building Design Strategy, ed, by -111OmasLockwood and Thomas Walton (CH, Oct'09, 47-0950). SummingUp: Recommendcd. ** Upper-division undergraduate and graduatemarketing and design students, faculty, practitioners.-P G. Kishel,Cyp rcss Coliege

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48-2780 HD2341 2010-4270 CIPHandlin, Amy H. Beyour own lobbyist: how to give your small busi­ness big clout with state and local government. Praeger, 2010.211 P bibl index afp ISBN 0313381550, $44.95; ISBN 9780313381553,

$44.95Written by a New Jersey state legislator who is also a marketing

professor, this unique how-to guide should be tremendously usefulto any small business owner who wants to influence state or localgovernment ofEcials but cannot afford to engage professional lobbyists.Handlin (Monmouth Univ.) lays out a three-part approach to lobbying:

target, tools, and tactics. Targeting involves making certain thatthe businessperson knows what responsibilities fall to state or local

government and identifying the person best positioned to help. 'Ioolsdescribes a variety of communication approaches ranging from e-mail andpetitions to testimony at public meetings. Tactics focuses on crafting amessage for a particular target, either directly or through the media. 'The

three-pronged approach comes to life through numerous examples andcase studies, including an entire chapter on "sample challenges"; lists of

dos and don'ts; useful explanations of how positive or negative "framing"can affect the target's response; and an appendix containing tip sheets

for holding a press conference or working a public meeting, and modelsfor press releases, Op-Ed pieces, and petitions. A section on lobbyingethics clarifies the sometimes hard-to-distinguish lines between acceptable

and potentially illegal influence attempts. Summing Up: Highly

recommended. *** Collections serving practitioners or potentialennepreneurs.-M. S. Myers, Carnegie Mellon University

48-2781 HF5826 2009-43449 C1P

Katz, Helen. The media handbook: a complete guide to adver­tising media selection, planning, research, and buying. 4th ed.

Routledge, 2010. 212p index ISBN 9780415873536, $100.00; ISBN

9780415873543 pbk, $39.95Katz has taught at several universities and currently is senior vice

president and director of research at Starcorn Mcdiavest Group. 'This

brief but insightful work reflects her education and experience. 'The textis well organized into ten chapters. The Iirsr two discuss what media is, aswell as how it relates to marketing. The third examines media objectives

and how they should be developed. The fourth and fifth chapters addressvarious media, including traditional and alternative or emerging media.

'The sixth discusses the math that is necessary in planning media. In

subsequent chapters, Katz focuses on developing the media plan andalternatives that may be considered, how media arc purchased, and howto evaluate a media plan. 'The author includes two appendixes, "KeyResearch Resources" and "Key Media Organizations," which many readers

will find helpful. 'The chapters arc well written and contain numerousexamples. In addition, media terms arc dell ned when they first appear.'I11is work is suitable for faculty who teach advertising, as well as students

of adverrising media planning. Summing Up: Recommended. **Upper-division undergraduate through practitioner collections.-E

Applegate, Middle 'Tennessee State University

48-2782 HD9697 2009-50853 CIPKoller, Frank. Spark: how old-fashioned values drive a twenty­first century corporation: lessons from Lincoln Electric's uniqueguaranteed employment program. PublicAffairs, 2010. 249p indexISBN 1586487957, $25.95; ISBN9781586487959, $25.95

Koller, a journalist, provides an informative account of Lincoln

Electric Company, a manufacturing firm that makes arc welders. His

book is also, more broadly and more significantly, an examination of the

management of American business. John Lincoln founded the companyin 1895 and was joined by his brother James in 1907. Lincoln is now

the largest maker of arc welding products in the world. It is also thesubject of a best-selling Harvard Business School case study published in1975. Lincoln employees work on a system that pays for productivity

and rewards employees with bonuses based on profits. In 2008, theaverage bonus was $28,873, and the average worker's total compensationwas $70,000. Along with substantial incomes, Lincoln workers who pass

probation are guaranteed lifetime employment. Koller's well-documentedsurvey of the company's evolution provides valuable perspective f(H

evaluating employment systems in this time of crisis. 'The importantfact about Lincoln is its commitment to values and principles, especiallyfair treatment for all employees, from production workers ro executives.

Koller weaves historical background and current events into an eminentlyreadable narrative about one company's journey through the landscape

of American capitalism. Summing Up: Recommended. ** Generalreaders, upper-division undergraduate students, practitioners.-R. L.Hogicr: Colorado Strite Unioersity

48-2783 HD30 MAR C

Kraten, Michael. Business planning and entrepreneurship: an ac­counting approach. Business Expert, 222 East 46th Street, New York,

NY 10017, 2010. 169p index ISBN 9781606490464 pbk, $27.95

Kraren (accounting, SuffolkUniv.) provides a practical guide to thefunctional elements that constitute a business plan and explains how

those elements fit together. This useful work views the business plancomponents through the lens of "management accounting" and addresses

six topical elements: the business model, volume estimation, costestimation, revenue estimation, investment value, and risk management.

Examples of relevant illustrative applications accompany each section.Kraten presents an antidote to the abundant business plan templates

readily available on the Web, which arc often fill-in-the-blanks exercisesthat discourage the comprehensive thought and analysis required to

produce a solid business plan. Such templates often overemphasizeconcept development and marketing and give scant attention to the nuts

and bolts that underpin all good business plans. Kraten's text redressesthat balance in clear, lucid prose and shows the way to write and develop

superior business plans. Summing Up: Highly recommended. ***Business students at all levels; faculty; practitioners; general readers.-S.

A. Schulman, CUNY Kingsbo7'Ough Community College

48-2784 HF5549 2009-43808 CIPLancaster, Lynne C.The M-factor: how the millennial generation isrocking the workplace, by Lynne C. Lancaster and David Stillman.Harper Business, 201 O. 305p bibl index ISBN9780061769313, $26.99

Lancaster and Stillman (consultants; When Generations Collide,CH, Jul'03, 40-6507) identify features and trends associated withmillennials, people born from 1982 to 2000. They use case studies, theirown large-scale surveys, and many interviews to offer insights on howtraditionalists, baby boomers, and generation XCI'S can work successfully

with millennials. The authors discuss major characteristics of millennials:greater involvement of their patents; their feelings of entitlement anddesire to make a difference in the world; their speedy communication and

proficiency with social networking; and their more collaborative style.Though some view millennials as spoiled tyrants who do not know howto get the job done, the authors believe that each generation has strengths

and unique perspectives to share. Blogs, Faceboo]: and texting have a

954 January 2011

major impact on this group. 'The authors advise that when workingmillennials, it is best to let them feel they are contributing and beinginnovators. 'They want to know that they are succeeding. Cartoons andquotes occasionally appear in the text. See related, Tamara Erickson'sPlugged In: the Generation Y Guide to Thrivingtit U70rk (CH, Apr'09,46-4540) and Cam Marston's Motivating the "What's in ltfor Me?"U70rliforce (CH, Oct'07, 45-0954). Summing Up: Recommended. **Undergraduate and graduate students and business practitioners.-G. EKaupins, Boise State University

48-2785 HF5415 2010-3894 CIPLeroux Miller, Kivi. The nonprofit marketing guide: high-impact,low-cost ways to build support for your good cause. Jessey-Bass,2010. 228p index (Jossey-Bass nonprofit guidebook series, 10) ISBN0470539658 pbk, $39.95; ISBN 9780470539651 pbk, $39.95

Leroux Miller, a communications consultant, has produced aneasy-to-read resource for small nonprofit organizations. Focusing oncommunication strategies, her work provides insightful guidance onhow to develop a marketing communications strategy but lacks depthon building out a full marketing plan in the truest sense. Promotion isthe entire focus of the book, with little to no mention of definition ofproduct, pricing detail, or distribution information. '111e book makesan important distinction between "marketing" and fund-raising, anddiscusses the relationship of the two. '111e role of online communicationsis stressed and explored throughout. Leroux Miller also discusses thesignificance of building relationships with supporters, the community,and the media-all extremely important for non profits to be successful.The final chapter briefly discusses the role of evaluation in a marketingcommunications strategy. 'The 16 chapters are followed with brief notesand chapter references, largely from the author's Web site. A passwordis provided to gain access to the book's companion site. This workalso contains a glossary of online marketing terms. Summing Up:Recommended. ** Lower-division students; practitioners.-N. E.Furlow, Marymount University

48-2786 HD30 2010-17030 CIPShih, Clara. The Facebook era: tapping online social networks tomarket, sell, and innovate. [2nd ed.]. Prentice Hall, 2011. 350p in­dex afp ISBN 0137085125 pbk, $24.99 ISBN 9780137085125 pbk,$24.99

Shih (CEO, Hearsay Labs) has updated her book, which is warrantedby the immense changes in the social Web since the 2009 publicationof the first edition. Many of the featured platforms of the first edition,such as MySpace, are now uninteresting for business, while 'Twitter andLinkedln are significantly more important. In this reviewer's opinion,a more accurate title would be "The Social Media Era." The bookcontains many new examples of how companies are innovatively usingthe social Web to better know and support: customers and reach newaudiences for business functions including sales, marketing, customerservice, innovation, collaboration, and recruiting. Each chapter endswith an actionable to-do list including items such as "Consider building acrowdsourced ideation community to track market demand for proposedfeatures and generate new ideas." Shih has created associated Webdiscussion threads for each chapter to allow readers to share experiences.'111e book contains case studies, some of which are locatable in the indexunder "case studies." Sidebars from renowned social media authoritiesvary from idiosyncratic anecdotes to useful recommendations. A newchapter for nonprolits, health care, education, and political organizations

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is very helpful. Summing Up: Highly recommended. *** All businesscollections.-C Wtll7kel, St. .101m's' Uniuersity; New York

48-2787 HF5415 2010-4669 CIPStasch, Stanley F. Creating a successful marketing strategy foryour small new business. Praeger, 2010. 225p bibl index afp ISBN9780313382468, $44.95

Stasch (marketing, Loyola Univ., Chicago) has created a lively,comprehensive handbook fin entrepreneurs and marketing studentsalike. He offers numerous examples to guide the reader through theentire ideation and business development process. Stasch has writtenand published extensively in the areas of small business marketingand marketing research. His new book is thorough and accessibleto the marketing and small business novice, while also providingastute reminders for the more experienced entrepreneur. Sraschshares his wisdom in the form of lists and summaries, making thisa suitable textbook for a project-based entrepreneurship course, acomplementary resource for marketing courses, or a reference guidefor the small businessperson. Summing Up: Highly recommended.

*** General readers; students, upper-division undergraduate and up;practitioners.-D. Amn, Dominican University

48-2788 HC79 2010-23338 ClPTapscott, Don. Macrowikinomics: rebooting business and theworld, by Don Tapscott and Anthony D. Williams. Portfolio Pen­guin, 2010. 424p bibl index ISBN 1591843561, $27.95; ISBN978159184356~$2795

Tapscott: and Williams provide vivid examples of organizations thatare successfully embracing the principles of "wikinomics" put forth intheir 2007 best-selling book by that name (CH, Aug'07, 44-6933).'They present: a new framework for understanding social and economicinnovations applicable to the spectrum of industries under which peopleutilize emerging Web applications to foster a more economically, socially,and ecologically sustainable world. 'They hope to energize currentlyvitiated institutions through new forms of problem-solving involvingflat organizational structures with a core of self-organizing peopleand groups. These will spark social innovations that will develop in to

pervasive alterations in societal behavior. A typical example is of doctorscollaborating with self-organizing patient: communities. 'The authorssee current: rigid organizational silos as being replaced by collaborativecommunities characterized by cooperation, learning, and improvement.Macroioikinomics has a dark side, recalling mass collaborations oftotalitarian regimes with purportedly all-wise collectives. 'These concernsare the focus of jaron Lanier's You Are Not a Gadget (CH, jun' 10,47­5602). Macrou.ikinomics addresses an important: issue and is goodpreparation for an epoch of staggering technological leaps. Summing Up:Highly recommended. *** Lower-division undergraduate throughpractitioner collections.-C. Wanleel, St. [obns University; New York

48-2789 HQ1421 2010-20462 MARCUnderhill, Paco. What women want: the global marketplace turnsfemale-friendly. Simon & Schuster, 2010. 214p bibl index ISBN9781416569954, $25.00

Underhill's latest book examines the changing cultural role ofwomen in the global marketplace. Based on his personal research andobservations, Underhill's newest volume follows his earlier works-WhyWeBuy (rev. cd., 2008) and Call a/the Mid! (200l)-to reveal tradesecrets of retailers and how women are the target of marketers. By

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Social &Behavioral Sciences

examining the role of women as homemakers-literally-Underhillreports how women influence the design of homes and every room underthe roof. Through a history of design, Underhill retells the evolutionof the home. From kitchen to bath to home office and home gym,women have made their mark on design. Once outside the home, theauthor continues to describe how retailers such as Lowe's and Best Buycontemplate women. Hotels, electronic and clothing retailers, casinos,shopping malls, grocery and drug stores, all have evolved with the femalein mind. Underhill's extensive career in retail research is evidenced bythe personal case studies and research findings from previous years. 'The16 chapters are followed by the author's personal note and a short list ofsuggested teadings and bibliography. Underhill's wit and humor makethe reading enjoyable as well as educational. Summing Up: Highlyrecommended. *** All business collections and readership levels.-N.E. Furlow, Marymount University

Economicse 48-2790 [Internet Resource]BEA:Regional Economic AccountsURL: http://www.bea.gov/regionallindex.htm

[Visited Oct' 10] BEA Regional Economic Accounts provides in-deptheconomic statistics from the Bureau of Economic Analysis of the USDepartment of Commerce, Data are available for US states, MetropolitanStatistical Areas (MSAs), Micropolitan Statistical Areas, and US regions(e.g., New England, the Great Plains). 'I11e site's other focus is the grossdomestic product for US states, for which detailed data are included onpersonal income and employment. Rather than offering tables in PDFformat like those found on Statistical Abstract 0/the UnitedStates(CH,Dec 07, 45-1769), this site lets users create interactive charts, graphs,tables, and maps on any data points they choose, Just select the datapoints (e.g., for certain year ranges) and create charts in pie or linelbar graph format. As of this writing, data are up-to-date through 2008and go back as far as 1969 for some reports. Users can also downloaddata in CSV (comma-separated value) format to use in spreadsheetsoftware. Personal income and employment data are provided in annualor quarterly format and include data for compensation by industry, wageand salary disbursements by industry, farm income and expenses, andmuch more.Quibbles with the site are relatively minor. For example,some links to glossaries and help tips do not open in a new window; ifonly a few data points are selected, the resulting table in HTML formatis small and difficult to notice, This site is a powerful data gathering tool;however, despite its excellent help screens and glossaries, it is best usedby upper-division economics students, business faculty, or financiallyliterate consumers. Users needing similar, more basic financial data arebetter served by the US Census Bureau's AmericanFactFinder (CH, Dec05, 43Sup-0437). Summing Up: Recommended. ** Upper-divisionundergraduate through professional audiences.-M Shores, MiamiUniversity Hamilton

48-2791 HD1691 2010-14840 CIPChartres, Colin. Out of water: from abundance to scarcity and howto solve the world's water problems, by Colin Chartres and Samyuk­tha Varma. FTPress, 2011. 230p index afp ISBN 0131367269, $25.99ISBN 9780131367265, $25.99

Chartres and Varma (Water Management Institute, Sri Lanka)

explore the water scarcity crisis around the world. Case studies on theJordan River in the Middle East, the Murray-Darling basin in Australia,the Colorado River in the US, and groundwater extraction in SourhAsia sketch the dimensions of the crisis. 111ey describe the demandson existing supplies hom population growth, dietary changes, biofuelproduction, urbanization, and globalization. Agriculture must expandfood production for growing populations, satisfy the demand for high­protein diets, and address poverty within the agricultural sector. -I11eauthors advise that governments should make water allocation moreefficient and seek an equitable balance among all stakeholders. Publicwater management institutions need to protect the environment, yetthis is difficult since water can exist as both a private and a public good.Solutions include greater emphasis on water management, greater valueon the environment, new water efficiencies in agriculture, and newstrategies to manage urban demand. The authors' brief discussion onthe privatization, centralization, and the use of microeconomic tools inthe allocation of water should be expanded, illustrated with case studies,and related to the process of underdevelopment and poverty in bothwater-rich and water-scarce regions. Summing Up: Recommended. **General readers and all levelsof undergraduate students.-B. F Hope,Caliiarnia State University, Chico

48-2792 HD257 2009-34436 CIPThe Community land trust reader, ed. by John Emmeus Davis. lin­coln Institute, 2010. 600p bibl index ISBN 9781558442054, $35.00

'I11is volume contains descriptive and critical essayson thecommunity land trust (CIT) model that sparked a movement in theUK, the US, Canada, Australia, and Kenya. 'I11e origins oflong-termleasing of community-owned land can be traced back to the utopiancommunity experiments. Essays in parts 1 and 2 discuss the origin andevolution of Cl.Is, property ethic of stewardship, and role played bypioneers and innovative thinkers instrumental in creating CITs in ruraland urban America. Subsequent sections examine the objectives andgoals of CITs in providing affordable housing to low-income groups,and the value of land and the land reform movement in the US. 111elast two parts reflect on recent developments in community ownershipof land in England, Scotland, and Australia and address current debatesover the need for low-income home ownership, municipal governmentsupport, economic equality, and the quality of life in the US. 111eeditor's introductory and final chapters provide an overview of thehistorical context and offer insights into contemporary CIT., as toolsfor development and community empowerment. 111is reader bringstogether many seminal essaysnot easily accessible and serves as a valuableresource for those interested in land policy, housing, and communitydevelopment. Summing Up: Highly recommended. *** Lower­division undergraduate through professional collections.-D. A. Cheklei,emeritus, University o/Winnipeg

48-2793 HC59 2009-39055 CIPConfronting poverty: weak states and U.S. national security, ed.by Susan E. Rice, Corinne Graff, and Carlos Pascual. Brookings, 2010.244p index afp ISBN 0815703902 pbk, $26.95; ISBN 9780815703907pbk, $26,95

Poverty, disease, natural disasters, global climate change, and morethreaten the stability of developing nations and, ultimately, impactnations throughout the world. Though these issues may pose problemsfor the developed world as well, weak central governments in thedeveloping world are much less able to contain and manage the problems

956 C:TIC)TCT': January 2011

+,

because of a lack of internal control as well as a shortage of funds toeffectively mitigate the problems. When problems are not addressed orare poorly addressed, they can lead to further instability and increasethe potential for civil war. In addition, there is some evidence that thetragically poor are more prone to accept the appeals of radical religiousand political groups. 111is timely volume examines how these problemseventually spill over to the rest of the world. Editors Rice (currently USambassador to the UN), Graff, and Pascual (all former Brookings fellows)and fellow contributors document tragedies in several key countriesthroughout the world and the threats these problems pose for the US andother countries. After assessing the threats, contributors review policiesthat could be implemented to help reduce international tension and helpprovide regional stability. Summing Up: Recommended. ** Generalreaders; students, upper-division undergraduate and above; researchersand professionals.-D. E. Mattson, Anoka-Ramsey Community College

48·2794 HC135 2009-51131 C1PCypher, James M. Mexico's economic dilemma: the developmentalfailure of neoliberalism: a contemporary case study of the global­ization process, by James M. Cypher and Raul Delgado Wise. Row­man & Littlefield, 2010. 209p bibl index afp ISBN 9780742556607,$70.00

Cypher and Delgado Wise (development studies, Univ. Aut6nomade Zacatecas, Mexico) both earned their PhDs in the US, carry weightyscholarly credentials, and have published numerous books and articles onvarious topics relating to migration and economic development. Theirmore recent works have centered on Mexico. 111is collaboration is anunapologetic critique of neoliberalism, which the authors maintain wasswallowed hook, line, and sinker by US-trained policy makers, whohad a total disregard for the dangers these strategies posed for Mexico.111e analysis is divided into seven relatively unoriginal chapters (such asexport-led growth, NAFTA, and the maquiladoras), the usual suspectswhen discussing Mexico's relationship with the US. However, theauthors expand this view to include discussion of the globalization ofcapital. Given that both authors are also part of the cohort of US-trainedintellectuals living/working in Mexico, it is interesting that they resurrectdependency theory in their analysis. For Cypher and Delgado Wise,the myopic view of neoliberal policy makers essentially "locked" Mexicointo an "intolerable status quo." ~111e text is very readable and decidedlyanri-neoliberalism (read US), which some might consider underminesthe analysis of why the policies failed. Summing Up: Recommended.** Graduate and research collections.-B. Roman, Palo Alto College/University ofWestern Ontario

48·2795 HC79 MAR CDebates on the measurement of global poverty, ed. by SudhirAnand, Paul Segal, and Joseph E. Stiglitz. Oxford, 2010. 446p biblindex afp ISBN 9780199558032, $99.00; ISBN 9780199558049 pbk,$45.00

While there are many publications on alleviating global poverty,this compilation of papers focuses on the fundamental issue of whatconstitutes poverty and how it is measured. 1his is an important concernsince one of the UN's Millennium Development Goals (MDGs) ishalving world poverty by the year 2015. Whether or not this goal hasbeen or will be reached depends fundamentally on the definition ofpoverty, which in turn influences the measurement of poverty itself.Researchers have come up with various estimates over time of theextent of poverty across and within countries, which suggests that there

Social &Behavioral Sciences L-__-=--l

New and Forthcoming Titlesfrom I.libe~Fund

InterventionismAn BconomicAnalysisBy Ludwig von MisesEdited by Bettina Bien Greaves

January 2011. 6 x 9. 122 pages.Cloth. ISBN 978-0-86597-738-9. $22.00.Paperback. ISBN 978-0-86597-739-6. $12.00.

Penns~1vania and the FederalConstitution, 1787-1788Edited by John Bach McMaster and Frederick D. Stone

February 2011. 6 x 9.811 pages.Cloth. ISBN 978-0-86597-793-8. $30.00.Paperback. ISBN 978-0-86597-794-5. $14.50.

The Man and the StatesmanThe Correspondence andArticles on PoliticsBy Frederic BastiatJacques de Guenin, General EditorIntroduction by Jacques de Guenin andJean-Claude Paul-DejeanDennis O'Keeffe, Translation EditorDavid M. Hart, Academic Editor

March 2011. 6x9. Approx. 640 pages.Cloth. ISBN 978-0-86597-786-0. $30.00.Paperback. ISBN 978-0-86597-787-7. $14.50.

Omnipotent GovernmentThe Rise ofthe Total State and Total WarBy Ludwig von MisesEdited by Bettina Bien Greaves

April 2011. 6 x 9. 350 pages.Cloth. ISBN 978-0-86597-753-2. $24.00.Paperback. ISBN 978-0-86597-754-9. $14.50.

An Account ofDenmarkWiuIJ.;rancogallia and Some Considerationsfor thePromoting of.Agriculture andBmploying the PoorBy Robert MolesworthEdited and with an Introduction by Justin ChampionDavid Womersley, General Editor

April 2011. 6 x 9. Approx. 500 pages.Clotl1. ISBN 978-0"86597-803-4. $30.00.Paperback. ISBN 978-0-86597-804-1. $17.00.

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Liberty Fund, Inc.Phone: (800) 621-2736 (USA/Canada)(773) 702-7000 (South America, Central America, Caribbean)Fax:(800) 621-8476 (USA/Canada)(773) 702-7212 (South America, Central America, Caribbean)Email: orderswprcss.uchicago.cdu [--------i111lWeb site: www.Iibcrtyfund.org Promo code: lFACH~

Social &Behavioral Sciences

arc a range of problems associated with how poverty is measured andestimated. Edited by academic economists including Nobel Prize winnerJoseph Stiglitz, this volume seems ro cast some doubts on how well theinternational community has been able to address the poverty problem,making this issue even more challenging. Until a consensus is reachedas how to address the measurement problem, researchers in developmenteconomics cannot rest on their laurels. "This volume addresses animportant, challenging issue and will be of value to students andresearchers of development economics and world poverty. Summing Up:Recommended. ** Upper-division undergraduate through professionalcollections.-M. Q. D,IO, Eastern Illinois Uniucrsity

48-2796 HC125 2009-51548 CIPEdwards, Sebastian. Latin America and the false promise of pop­ulism. Chicago, 2010. 292p bibl index afp ISBN 9780226184784,$29.00

Edwards, a preeminent analyst of Latin American economics,identifies productivity and innovation as the disringuishing factors forcategorizing into which of three groups a nation will fall: low-growtheconomies clinging to populist policies; those unable to overcome old,bureaucratic institutional practices and thus continue to experiencemediocre economic performance; and innovative developers characterizedby strong economic growth and reduced inequality. He asserts thatcountries grow most quickly in a cycle of innovation, followed byinvestment and institutional reform, and a subsequent increase in capitalthat maintains growth. Edwards suggests that most Latin Americancountries are held back by either neopopulism or instirutional inertia.He notes that legacies of inflexible colonial institutions overlaid withcontemporary policy choices protect the privileged elite and that mostLatin American economies lack the microeconomic foundations tosupport rapid growth. Also, impediments to doing business (e.g., weakcontract enforcement and red tape) steal time from entrepreneurialinnovation. Country case chapters suggest that the macroeconomic crisishas not created the policy momentum for micro reform. Although thecountry cases fail to consistently test his three-stage framework, Edward'sIaclliry for conveying historical detail and identifying key trends in LatinAmerican economies makes this a must read for all levels. SummingUp: Highly recommended. *** Public, academic, and professionalcollections.--PtltriceM. Franko, Colby College

48-2797 HT123 2010-13434 CIPGreen, Hardy. The company town: the industrial Edensand satanicmills that shaped the American economy. BasicBooks, 2010. 248pindex afp ISBN 0465018262, $26.95; ISBN 9780465018260, $26.95

Green (historian, journalist, and fonner academic and unionorganizer) has written the first general history of company towns inthe US. Although some company towns were launched with utopianvisions, Green argues that even the best of them often structured workers'lives, taking away important freedoms. Much worse were numerous"exploitariouvilles," designed to abuse workers-aiming to trap themin debt and miserable conditions. He begins with early textile townslike Lowell, Massachusetts, and surveys a wide array of cases includingPullman, Illinois; Hershey, Pennsylvania; Scotia, California; Corning,New York; mining towns (especially in Appalachia); Kannapolis, NorthCarolina, and other southern textile "principalities"; Gary, Indiana;Bartlesville, Oklahoma; Dearborn, Michigan; Newton, Iowa (May tag);Austin, Minnesota (Hormel): Richmond, California, during WWII's shipbuilding boom; Oak Ridge, "Tennessee (Manhattan Project);

958

and Kohler, Wisconsin. The book is readable and informative, butGreen drifts off topic at times, and his conception of what constitutesa "company town" and "exploitation" (never clearly defined) is overlyelastic. Most importantly, his understanding of how labor marketsfunction generally ignores the fact that workers are fairly mobile andmust be paid a premium above other job alternatives to accept nastyconditions. Summing Up: Recommended. ** General readership.-R.M. WhtljJle.r, Weilee Forest University

48-2798 HB501 2010-927088 MARCKaletsky, Anatole. Capitalism 4.0: the birth of a new economy inthe aftermath of crisis. PublicAffairs, 2010. 397p bibl index ISBN9781586488710, $27.95

Kalersky (The Times, London) posits that capitalism is undergoing aseismic shift that will result in a fourth version markedly different fromcapitalism's previous three incarnations stylized by Adam Smith, J. M.Keynes, and Ronald Reagan. Much of the book is devoted to exposingthe flaws of the most recent version of capitalism and how the prevailingdogma of market fundamentalism played a central role in fosteringconditions that precipitated the financial crisis of 2008. Accordingto Kalersky, this was not market f.lilure but a failure to understandthe complex interactions among politicians, regulators, and markets.His attention then turns to the academic economic establishment,noting that the rise of new classical economics with its vaunted uscof mathematics parallels the transition from New Deal capitalism tomarket fundamentalism. Counter to conventional wisdom of both thepolitical Left and Right, Kalersky argues that the economic and politicalestablishment must embrace a more important role for government evenas the size of government shrinks. 'Ole narrative moves quickly from onetopic to another, making the case that capitalism's greatest strength is itsability to change and that "Capitalism 4.0" will not be the final version.

Summing Up: Recommended. ** General readers; students, upper­division undergraduate and up; faculty and professionals.-W J Polley,western Illinois University

48-2799 HF1583 2010-7516 CIPKemp, Geoffrey, The East moves West: India, China, and Asia'sgrowing presence in the Middle East. Brookings, 2010, 326p indexafp ISBN 0815703880, $29.95; ISBN 9780815703884, $29.95

A longtime analyst of the Middle East who has become an Asiawatcher, Kemp lays out fans and figures about the increasingly strongeconomic relations between the Asian players east of Pakistan and everyMiddle East actor, from Israel to Iran. He also explains that at the sametime, both major powers-India, China, and Japan-and smaller statessuch as South Korea and Singapore have been generally politically friendlywith these sometimes-difficult Middle Eastern countries. Maintaininga political hands-off approach will be more difficult as Asia's economicrole grows, Kemp argues. In successive chapters, he discusses India;China; Pakistan, Japan, and South Korea; Israel and Asia; infrastructureprojects; maritime security; and alternative future scenarios, ranging fromcooperative growth to nationalistic chaos. Kemp, author of other booksincluding Strtltegic GeiJgrtlph)' t17Jd the Chtlnging Middle East,with RobertHarkavy (CH, Dec'97, 35-2380), emphasizes that the Middle East is aregion of both political disputes and economic potential. One map showsthe intersection of the energy ellipse from the north Caspian to Yemen, inwhich lies 70 percent of the world's proven oil reserves; and the war zoneellipse from Israel to Kashmir, in which is found many of the world's most

active conflicts. Summing Up: Recommended. ** All collections and

January 2011

Social &Behavioral Sciences'------="---'

Historical Foundationsof Entrepreneurship ResearchEdited byHans Landstromand Franz Lehrke

Dec2010 448ppHardback 9781847209191 $199.95@ 9781 84980 6947

Famous Figuresand Diagrams in EconomicsEdited byMark Blaug and Peter Lloyd

Dec2010 488ppHardback 9781 848441606 $199.95@ 978184980 6466

U.c;AH OHION!\! nLFFnENcr

Research HandbookonInternationalEnvironmental LawEdited byMalgosia Fitzmaurice,David M. Ong and Panos Merkouris

Dec 2010 736ppHardback 9781 847201249 $335.00@)9781 84980 7265Research Handbooks in Internationat Law seriesELCi'!'dl OnlGINALHElTHLN([

Research Companionto Green InternationalManagement StudiesAGuide forFuture Research,Collaboration and Review Writing

Edited byDeborah E.deLange

Jan 2011 200ppHardback 9781849803632 $145.00@ 9781849809139

Global Entrepreneurshipand Development Index 2011Zoltan J. Acsand Laszlo Szerb

Feb2011 c 360ppHardback 9781 84980 8422 $450.00FLGMIOHICINN IIF.FJ:HEN(J

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The Economicsof Climate ChangeEdited byGraciela Chichilnisky

Seriesno. 246Two volume set Dec2010 984ppHardback 9781 847207678 $550.00

A Dictionaryof Transport AnalysisEdited byKenneth Button,Henry Vega and Peter Nijkamp

Feb2011 c 544ppHardback 9781 843763758 $245.00@ 978184980471 4

New fromEDWARD ELGAR PUBLISHING

OUTSTANDING ACADEMICBOOK FOR 2010

Money andHouseholdsin aCapitalistEconomyAGendered PostKeynesian-InstitutionalAnalysis

Zdravka Todorova

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2009 176ppHardback 9781 847209535 $100.00@ 9781 84844946 6

readership levels.-P Clawson, IXIrlshington Institutefin' Near EastPolicy

48-2800 HC123 2009-35289 MARCLatin American development priorities, ed. by Bjorn Lomborg.Cambridge, 2010 (c2009). 695p bibl ISBN 9780521766906, $115.00;ISBN 9780521747526 pbk, $50.00

This comprehensive, informative set of papers regarding developmentissues in Latin America provides an overview to major challenges thatplague the region, e.g., democracy, education, employment, health,poverry. Papers are a result of the first region meeting of the CopenhagenConsensus held in Costa Rica in 2007. Chapters are an interesting mix oftheoretical and applied papers, and the goal of each is to use cost-benefiranalysis to prioritize policies, with the ultimate objective of moving theregion closer to meeting development goals. Each paper is followed by analternative viewpoint to add depth to the discussion. Andrew Morrison,in the last paper, in which he presents an alternative view on the violenceand crime chapter, sums up the weakness of many papers: "over-reliance on one landmark paper," "lack of attention to several promisingapproaches," and "use of somewhat out-dated" information. Despitethese limitations, this volume is a good general inrroducrion and couldserve as a supplement for graduate courses in development and LatinAmerica. Other publications resulting from the Copenhagen Consensus,also edited by Lomborg, include Global Crises, GlobalSolutions (2nd ed.,CH, Feb'IO, 47-3235) and Solutions for the World's Biggest Problems: Costsand Benefits (CH, ]un'08, 45-5693). Summing Up: Recommended. **

Graduate, research, and professional collections.·--s. Amin GutierrezdePinercs, University ofTextlS tit Dallas

48-2801 HC59 2009-42714 CIPManzetti, Luigi. Neoliberalism, accountability, and reform failuresin emerging markets: Eastern Europe, Russia, Argentina, andChile in comparative perspective. Pennsylvania State, 2010 (c2009).295p bibl index afp ISBN 0271035749, $55.00; ISBN 9780271035741,$55.00

To what extent did the major financial crises that devastated emergingmarket economies result- from the lack of political and economicaccountability? Empirical evidence from cross-national analysis involving80 democracies underscores the prominent link between flnancial crisesand poor accountability, where accountability is defined as includinga high level of responsiveness, transparency, public participarion, andrespect for the rule oflaw. 'The analysis presented by Manzetti (SouthernMethodist Univ.) demonstrates that accountability institutions thatconstrained executives produced longer-lasting reforms and bettereconomic performance. Evidence supporting the link also emerges fromcomparisons involving countries of the Iormer Soviet Union with thosein central and eastern Europe, patterns that are further confirmed inthree case studies: Russia, Argentina, and Chile. "lhis book, exceptionallywell written and well documented, maps the causes and consequences ofthe Wasbingron Consensus, calculating the costs imposed where it wasimplemented. Detailed discussions of corruption, crony capitalism, and

January 2011 959

Social &Behavioral Sciences

patronage underscore the finding that "there are no institutional shortcuts

to achieving economic progress." Worthwhile reading {or specialists and

nonspecialists alike and required reading for policy makers. Summing Up:Highly recommended. *** General readers, all levels of students, faculty,researchers, and professionals.-S. j. Linz, Michigan State University

48-2802 HB95 2009-41546 CIPPatel, Raj. The value of nothing: how to reshape market societyand redefine democracy. Picador, 2010. 250p bibl index ISBN9780312429249, $14.00

7heValue o/Nothing is a study of the social, cultural, and economic

deficiencies created by overreliance on markets, together with a call for

more cooperative forms of organization, Obviously, such a book describes

inequities, such as people's lack of access to sufficienr food or clean water,

but it also includes a very positive message. Patel, an academic, an activist,

a blogger <11ttp:/lrajpatel.org/blog/>, and the author of Stuffedand Starved'77Je Hidden Battle/or the WorldFoodSystem (2008), is able to draw upon

his broad international experience to weave together stories and examples of

how people have been able to come together to improve their conditions.

'The result is not just readable but also entertaining. 111isbook deserves

the highest recommendation for library acquisition. Few people will be

unable to benefit from it. The book is easily accessible to undergraduates,

who will no doubt be impressed by its breadth. Even advanced scholars

will find some new material here, although the book is designed for a broad

audience. Summing Up: Highly recommended. *** All readershiplevels,-M Perelman, California State University, Chico

48-2803 HT178 MAR CPower,Anne. Phoenix cities:the fall and riseof great industrial cit­ies, by Anne Power,Jorg Ploqer, and Astrid Winkler. Joseph RowntreeFoundation, 201O. 412p bibl index ISBN 9781847426833 pbk, $49.50

'111e concern of shrinking cities is currently high on the policy

agenda in both the US and Europe, After WW II, these once-prosperous

industrial cities experienced significant population and job loss with

devastating effects on their built environments. More recently, they

have witnessed noteworthy efforts to stem decline and spur growth.

Phoenix Citiesdocuments and assesses these efforts for seven European

and, to a lesser degree, six US cities, including Leipzig, Torino, Belfast,

Saint-Etienne, and Pittsburgh. Drawing on numerous data sources,

the authors provide case studies that focus on the history, demographic

changes, industrial activity, and labor markets of each city across its

trajectory of growth, decline, and (attempted) resurgence. '111e remaining

chapters compare the cities descriptively and then systematically rank

them in terms of their success. According to the analysis, Bremen

and Bilbao achieved the most progress in rebounding from decline.

Illustrated with a multitude of tables, graphs, and images, this volume

is a useful compendium of facts about these "weak market" cities. Itis also noteworthy for its comparative methodology for evaluating city

performance, a methodology that has become quite common in policy

circles. Summing Up: Recommended. ** Graduate, research, andprofessional collections.-R, A. Beauregard, Columbia University

48-2804 HF1385 Can. CIPRedesigning the World Trade Organization for the twenty-firstcentury, ed. by Debra P. Steger. Wilfrid Laurier/Center for Interna­tional Governance Innovation/International Development ResearchCentre, 2010, 475p bibl index afp ISBN 9781554581566, $44.95

'The World Trade Organization (WTO) and its predecessor, the

General Agreement on'T;ll'ifls and Trade (GAT'r), have proven to be the

most effective force Ior growtb in international trade and specialization,

and therefore economic growth in general, since the end ofWW II.

This volume addresses the need to reform the WTO as protectionist

forces mount after the economic and financial turbulence of the 2000s

and as the most recent trade liberalization initiative, the Doha Round,

has run aground and individual countries busily cut their own bilateral

trade deals. Contributors do an excellent job laying out the key issues.

The book begins with the underlying rationale for WTO reform and

then discusses in detail the w'ro's decision-making machinery and its

internal management; the role of transparency and public participation

in its workings; and the threats and opportunities caused by regional

trade initiatives, which have now been around long enough to assess

their efficacy. As a work by multiple authors, the volume is inevitably

somewhat uneven. And the content: level in parts is so detailed as to

sometimes obscure key discussion points. On the whole, however, this

is an important resource for readers interested in this critical dimension

of the global economy. Summing Up: Highly recommended. ***Upper-division undergraduate through research collections.-l. Waltel;New York Unioersity

48-2805 HC106 2010-4134 CIPReich, Robert B. Aftershock: the next economy and America's fu­ture. Knopf, 2010. 174p bibl index afp ISBN 9780307592811, $25.00

For Reich (Univ. of California, Berkeley; Supercapiialism; CH,

Apr'08, 45-4504; former US secretary of labor), income inequality is the

great threat to American prosperity: when inequality becomes too great,

as in the 1920s and again after 2000, spending lags production, causing

depression and stagnation. For Reich, the period 1945 to 1975 was

the Great Prosperity, a result of New Deal reforms. After 1980 growth

was unbalanced as people began to trust in a "fallible and unreliable

market," rather than a "strong and reliable government." He relies little

on economic research to support this nontraditional interpretation of

economic history. Instead he makes his case by quoting Marriner Eccles,

who was head of the Federal Reserve hom 1934 to 1947 but rarely

considered a notable economic thinker. Reich int:ermingles wealth and

income and mistakenly has Merrill Lynch acquiring Bank ofAmerica

(rather than vice versa). Some of Reich's policy recommendations, such

as redistributing income with the tax system, are predictable, given his

premise. However, his advocacy for a means-tested school voucher

program is surprising. Ajiershocl? is not a scholarly work. It is political

persuasion-a short:, easy-to-read, clear exposition of a worldview

common among contemporary progressive economists. Summing Up:Recommended, ** All readership levels.-R, E. Schenk, emeritus, SaintJoseph's College (IN)

48-2806 HG939 2009-53760 ClPSchenk, Catherine R. The decline of sterling: managing the retreatof an international currency, 1945-1992. Cambridge, 2010. 437pindex ISBN 9780521876971, $99.00

'This well-written, well-researched volume examines in great detail

the process of the unwinding of the pound sterling's post-WW II role as

an international reserve currency. Schenk (Univ, of Glasgow), drawing

on archival private communications of heads of state, ambassadors,

and senior ofiicials of the UK (Treasury and Bank of England), the US

(Treasury and Federal Reserve), Bank for International Settlements,

and 1MI~ present:s the blow-by-blow drama of sterling's retreat as a

reserve currency. Each party sought to protect or promote its national

960 January 2011

Social &Behavioral Sciences

u on

48-2810 LB159 2010-8914 CIPArtful teaching: integrating the arts for understanding acrossthe curriculum, K-8 , ed. by David M. Donahue and Jennifer Stu­art. Teachers College Press/NaeA, 2010. 181P bibl index afp ISBN9780807750810, $57.00

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the conventional explanation that market failure is the SOLl1'ce of some

problems and government failure causes others would leave the book's

essays disconnected. The final chapter proposing solutions is disappointing,

but if reforms were easy, they would already have been done. SummingUp: Recommended. ** General readers; all levels of undergraduate

students.-R. E Schenk, emeritus, Saintfosepbs College (IN)

EARLY CHILDHOOD PROGRAMSLOCAL ECONOMIC DEVELOPMENT

48-2809 LBI025 2009-17940 CIPArends, Richard I. Teaching for student learning: becoming anaccomplished teacher, by Richard I. Arends and Ann Kilcher. Rout­ledge, 2010. 427p bibl indexes ISBN 9780415998888, $160,00

Arends (Central Connecticut State Univ.) and Kilcher (Paidcia

Consulting, Canada) have upwards of 80 years of combined teaching

experience at the elementary, middle, high school, and college levels.

The authors' backgrounds, experiences, and research provide a balanced

approach in this publication. 'They have provided a well-written textbook

that focuses on teaching and learning in schools and describes the

complexities associated with the teaching profession. 7etlchingfor StudentLearningis about what accomplished teachers do to ensure that their

students Hourish rather than flounder, and about how teachers become

accomplished through a long and complex journey characterized by desire

and commitment to continuous learning. The work engages the reader

in 13 chapters. In chapter 1 readers learn about the challenges of the

21st century, teacher leadership, and the work's conceptual framework.

There are three major aspects of today's world that have created a different

set of demands on teaching and learning: the press for standards and

accountability; increased student diversity; and technological advances

and globalization. Arends and Kilcher engage the reader in each chapter

and provide reader-friendly knowledge and research that can be used by

multiple audiences. Summing Up: Recommended. ** All readership

levels.--H. B. Arnold, University ofthe Pacific

48-2807 HM621 2010-3264 CIPThrosby, David. The economicsof cultural policy. Cambridge, 2010.277p bibl indexes ISBN 9780521868259, $85.00; ISBN 9780521687843pbk, $34.99

In his preface, Throsby (Macquarie Univ., Australia) clearly stares his

objective: to prevent the marginalization of public policy to irrelevancy

by outlining the theoretical and practical need for policy analysis based

on more or less mainstream economic analysis. His credentials enable

him to discuss the issues with authority, given his extensive list of previous

publications in the area. 'T11e text owes a great deal to his articles and

previous writing, but there is merit in the reworking and collecting of

these various strands into one volume, which is suitable for a textbook.

Throsby covers much ground, including the essentials of demand and

supply and, of course, the impact public policy has on the markets for

cultural goods. In a global context, he examines trade in cultural markets,

economic development, and issues of cultural heritage and diversity. A

chapter on education is particularly interesting in that ir considers both

universal arts education and individual artist training and the positive

externalities that derive from both. In short, an excellent, nontechnical

presentation of the usefulness of economic analysis to an important

component of national welfare. Summing Up: Highly recommended.

*** General readers; students, upper-division undergraduate and up;profcssionals.c-s/. M. Nouraleoioslei, Musldngum College

48-2808 HB3743 2010-14736 CIPWright, Robert E. Fubarnomics: a lighthearted, serious look atAmerica'seconomic ills. Prometheus Books, 2010. 333p bibl indexafp ISBN 1616141913, $26.00; ISBN 9781616141912, $26.00

For an academic economist to appeal to a general audience, the

message must be worth communicating and written in an entertaining

style with a theme that unifies the work. Though he produces a solid

work, Wright (Augustana College) does not hit the mark for all criteria.

Wright's past scholarship in most of the seven topics included in the

book (e.g., the recession, suhprime mortgages, health care) allows him

to do more than demonstrate the economic approach to a variety of

issues. He presents original contributions in discussing how British

macroeconomic mismanagement contributed to the American Revolution

and how asymmetric information distorts custom contract construction.

Although his writing can be entertaining, as in his passionate critique of

higher education, frequent asides meant to be humorous are often merely

annoying. Attempts to unity disparate topics with the assertion that all

are FUBAR ("fouled" up beyond all recognition), caused by a hybrid of

market and government failure, seems contrived to this reviewer. However,

or institutional interests. In the end, with specula rive runs on sterling

threatening UK economic and financial srability and the stability of the

international monetary sysrem, multilateral support programs were agreed

upon. 'These programs allowed the UK to end sterling's reserve role

gradually, orderly, while honoring irs commitments. The author suggests

the decline of sterling's reserve starus may carry lessons for the future

of the US dollar as an international reserve currency. It is noteworthy,

however, that when srerling's reserve role was being questioned by markers

and others, the US dollar was already serving as the dominant reserve

currency. Ar present, there is no alternative currency in a position to

assume the US dollar's reserve currency role. No bibliography. SummingUp: Highly recommended. *** Graduate, research, and professional

colleetions.-C.). Siegmtln, formerly, Fcder«! Reserve Board/IntemationalMonetary Fund - retired

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