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Alan Taylor's WILLIAM COOPER'S TOWN: POWER AND PERSUASION ON THE FRONTIER OF THE EARLY AMERICAN REPUBLIC is an outstanding biography of an archetypical American character, an extraordinary social history of life and politics on the late eighteenth-century frontier and a brilliant exercise in literary analysis.
This is a wonderful read. Taylor's lively prose, compelling narrative and original, fresh story sustained my interest from cover to cover. I never would have imagined such a dull title could cover such a marvelous book. WILLIAM COOPER'S TOWN certainly deserves the Pulitzer Prize it was awarded.
Taylor not only describes William Cooper's rise from rags to riches and even more meteoric fall but analyzes Cooper's political odyssey in America's frontier democratic workshop.
"As an ambitious man of great wealth but flawed gentility, Cooper became caught up in the great contest of postrevolutionary politics: whether power should belong to traditional gentlemen who styled themselves 'Fathers of the People' or to cruder democrats who acted out the new role of 'Friends of the People.'"
Taylor argues "Cooper faced a fundamental decision as he ventured into New York's contentious politics. Would he affiliate with the governor and the revolutionary politics of democratic assertion? Or would he endorse the traditional elitism championed by...Hamilton." "Brawny, ill educated, blunt spoken, and newly enriched," writes Taylor, "Cooper had more in common with George Clinton than with his aristocratic rivals." "For a rough-hewn, new man like Cooper, the democratic politics practiced by Clinton certainly offered an easier path to power. Yet, like Hamilton, Cooper wanted to escape his origins by winning acceptance into the genteel social circles where Clinton was anathema." Taylor concludes "Cooper's origins pulled him in one political direction, his longing in another."
James Fenimore Cooper's third novel, THE PIONEERS, is an ambivalent, fictionalized examination of his father's failure to measure up to the genteel stardards William Cooper set for himself and that his son James internalized. The father's longing became the son's demand.
Taylor analyzes the father-son relationship, strained by Williams decline before ever fully measuring up to the stardards he had set, and the son's fictionalized account of this relationship.
James Fenimore Cooper spent most of his adult life seeking the "natural aristocrat" his father wanted to be and compensating for his father's shortcomings. It is ironic that the person James Fenimore Cooper found to be the embodiment of the "natural aristocrat" his father had longed to be and that he had created in THE CRATER and his most famous character, Natty Bumppo, was the quintessential "Friend of the People"--Andrew Jackson.
I enjoyed this book immensely and give it my strongest recommendation!
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However, discussion about mitigation techniques for harmonics is not apparently present in the book.
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However, what this book does not provide is up-to-date practical advice for how to deal with the increase in choices. For example, the section on internet shopping is particularly dated, and fails to discuss tools such as price comparison shopping bots. Similarly, I would not base any financial decisions on the chapter on investing in the new economy. Much more thorough information on investing for the novice can be found in sources such as W.J. Bernstein's The Intelligent Asset Allocator, Siegel and Bernstein's Stocks for the Long Run, J. Bogle's Common Sense on Mutual Funds : New Imperatives for the Intelligent Investor or even online.......... This is probably the biggest flaw in The Wealth of Choices-there is no major listing of additional references to get more detailed information on any of the topics.
In short, borrow The Wealth of Choices from the library, get some ideas, but spend your money on more thorough books for a reference that you will return to over and over.
The book's basic premise is that the economy has changed so much that you have to change your assumptions in order to prosper in terms of your health and money.
The first chapter, Not My Father's Economy, sets this up by sharing the advice his father always gave him and suggesting that these rules no longer apply.
The second chapter is a quiz that lets you test how well you have adapted to the new economic realities. The quiz is on the main points in the rest of the book, so if you do well in any part of that section, you can skip the material on that subject when you get to it later on. A strength of this structure is that it customizes the book for each reader, regardless of how savvy or out of it they are about the new economy.
Then, he shares hiw own experiences in how the new economy has changed for him in chapter 3. You will meet many famous and fascinating figures, such as the Gardner brothers of Motley Fool fame.
Chapters 4-12 are devoted to shopping, health care, education, work, how to spend your time and attention, investing, starting a business, retirement, and privacy (one per chapter). In these chapters, he gives you tips for each area, on-line sources you can access to keep up-to-date, and suggests key operating principles.
Here's a summary of his perspective on the economy: "Today, the basic market principles of competition and choice have swept into every aspect of American life." "The world has gotten smaller; competition has gotten more intense; choices have become more plentiful." "Globalization, deregulation, and digitalization are turning the entire world into a modern version of the Istanbul bazaar." " . . . The power balance, for the first time in the history of capitalism, has shifted in the consumer's favor." He has trouble defining the new economy, and does so with a series of negatives. It isn't very effective, but a definition probably isn't very important for achieving the book's purposes.
For those who like their economics in a qualitative form and in an abbreviated journalistic style, this book will be an excellent source of why the economy has and is changing.
For those who want to know how to get the best deal, this book is invaluable. While all of the other books about the Internet primarily focus on building a business or investing, this one shows how to use the Internet for everyday benefits for everyone. I am sure that many books will follow in this vein, but this is the first one I have seen done from this perspective. He also offers a web site where you can keep up-to-date on on-line sources.
But the real benefit is in helping you see where you may have stalled thinking about what you should be focusing on. The book is highly effective in showing you where to look and what questions to ask. For example, if 88 percent of mutual funds underperform the market averages, why do you own one that is not an index fund? I would give the book more than five stars if I could for this aspect.
The book's main weakness is that you cannot teach someone everything they need to know in each of the areas in a few pages. His reach exceeds his grasp in areas like investing, starting a business, privacy and retiring. Each subject area requires many books to fully understand. You should go find those books and study them. Don't take the advice here too literally.
I also thought that he misunderstands about education. He suggests going for the 'best' education, but seems to automatically equate that with 'brand name' education. Be a little more skeptical than that about the 'brand names' in education. Their product is not what it once was.
After you have read and absorbed the book's lessons, ask yourself how much of your time you really want to spend on making all of these new choices. Then decide which areas you will spend that time on. Even with the tips in this book, you will still find that you will have to ration your attention. I suggest you focus on health care, education, work (or business), and use whatever is left for shopping. But you should decide for yourself!
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Coming Out of Shame--written for gay and lesbian people but for a straight reader an important and valuable insight into gay and lesbian people's feelings and emotional difficulties coming out
Stranger at the Gate--if you have conflicted religious views, this autobiography is invaluable
In the end, however, this is a great first step to coming to understand and support the gay or lesbian person in your life. Congratulations for considering buying this book!
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