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The book is incredibly informative and really helps to dispel myths about South Central, gang culture, and West Coast rap. There's an extensive history of South Central neighborhoods that provides an unexpected perspective on the place. There's also a three page description of the drug sherm and its effects. In short, there's information here you won't find any place else if you really want some insight into Southern California urban culture.
This broad view could not have been achieved, I am convinced, if Shaw were a music critic or just another head looking to cash in on his hobby. This is a book for the anthropologist gangsta that lurks in so many rap fans, including me.
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Shaw develops an ironic contrast between two central characters. The play begins with accounts of the glorious exploits of Major Sergius Saranoff, a handsome young Bulgarian officer, in a daring cavalry raid, which turned the war in favor of the Bulgarians over the Serbs. In contrast, Captain Bluntschil, a professional soldier from Switzerland, acts like a coward. He climbs up to a balcony to escape capture, he threatens a woman with a gun, and he carries chocolates rather than cartridges because he claims the sweets are more useful on the battlefield.
In the eyes of Raina Petkoff, the young romantic idealist who has bought into the stories of battlefield heroism, Saranoff is her ideal hero. However, as the play proceeds, we learn more about this raid and that despite its success, it was a suicidal gesture that should have failed. Eventually Saranoff is going to end up dead if he continues to engage in such ridiculous heroics. Meanwhile, we realize that Bluntshcil has no misconceptions about the stupidity of war and that his actions have kept him alive.
"Arms and the Man" is an early play by Shaw, first performed in 1894, the same year he wrote "Mrs. Warren's Profession." The ending is rather tradition for comedies of the time, with all the confusion between the lovers finally getting cleared up and everybody paired up to live happily ever after. The choice of a young woman as the main character, who ultimately rejects her romantic ideals to live in the real world, is perhaps significant because serving in the army and going to war is not going to happen. Consequently, her views are not going to be colored by questions of courage in terms of going to war herself. I also find it interesting that this play understands the horrors of war given that it was the horrors of World War I that generally killed the romantic notion of war in Britain.
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As derivative securities are the apparent "hip thing in finance" every publisher seems to want part of this market. Instead of offering anything of value, there is this mentality of "Wow, here is something new. "Derivatives and xxxx" and they rush to publish. This is where this book fits in, rather like most of the books on C programming.
The first chapter is simply an advertisement for Wolfram's Mathematica. Entirely useless. The second chapter gives you an introduction to Mathematica. Oh boy, it teaches you how to plot a sine curve! It is nothing more than a watered down version of chpt 1 of the mathematica book. The remaining chapters are covered better and in more detail in other books. As far as Mathematica Programming, the author writes "... the use of 'Evaluate' is not strictly necessary; however, it is a good habit to get into using it..." (pg. 154), bad grammar, but more importantly he never gives a good reason as to why 'Evaluate' should be used. But who cares? He showed us how to plot a sine curve.
If you have any type of a marginally sophisticated knowledge of derivative securities this book is an utter bore. It will tell you nothing more than you know already. Really, half the book is just redundant nonsense. Writing the code for a call OR a put in the book is nice. Doing it for both is stupid. Print one and just throw the other on the CD. What does Shaw do? He prints not only both, but also the code for ALL of the Greeks of BOTH calls and puts. Was someone trying to reach a page quota?
The author has a poor command of the written word. There are countless paragraphs that are one sentence long. He refers to himself in both the singular and plural. His programming style is disastrous, the author uses (at least) four different variable names for volatility: the greek letter sigma, sd, v, and sigma (limiting the book's value as a reference text). Also the author switches between conventions in naming functions/variables: there is, i.e., BlackScholesCall[x,z,y...] and done[x,z,y,...], the latter would be better named d1[x,z,y,...] (I am getting at the on-again, off-again use of Caps or '_' and 'done' looks like the English word not d_one).
Finally (and I am nit-picking now), the book is just a printed version of a Mathematica notebook. This means it is hard to read. Displayed equations are not centered and italic offset is not present. Just look at the space between the "d" and the "x" in the "dx". You could fit a truck in-between them. It is very tiresome on the eyes. Anyone use to TeX will get an immediate headache.
In short, be careful with this book. Make sure you preserve the right to return it. Varian's book, "Economic and Financial Modeling..." is better, more interesting, and not nearly as expensive.
the author
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