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What a wonderful surprise my husband's gift turned out to be! The writing style was so sensitive, thoughtful, creative that I felt I was literally being transported into another time and another culture. I feel that what I learned about China in the short time it took me to read this book is priceless, not to mention the true enjoyment of reading good, creative original literature like 'White Snake'. My congratulations to both Geling Yan for writing this marvelous book, and to Lawrence Walker for doing such an incredibly brilliant job at translating what must have been an unbelievably difficult work. He made it so easy to read that one would have thought it was written originally in English. And Geling brought to me her China in her own wonderful way!
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The Annual Hayek Lecture Series is one of the major events of the year for the Institute of Economic Affairs, the London based free market think-tank. In 1999 the Institute invited Herr Otmar Issing, previously member of the board at the Bundesbank and currently an Executive member of the European Central Bank, to deliver the lecture. Professor Her Issing chose as his subject, Hayek, Currency Competition and European Monetary Union.
It is instructive some thirteen weeks after the introduction of the Euro to revisit this text and see how his argument holds up.
The lecturer begins with an acknowledgement of Hayek's contributions in several areas of politics and economics before consideration of his seminal paper for the IEA, "Choice in Currency: A Way to Stop Infation", and the later paper, "Denationalisation of Money".
In what follows Issing lays out as he sees it the essential concepts of Hayek's proposal before proceeding to establish through carefully argued analysis, a connection with the single European currency.
In his conclusions to the paper Issing suggests that having a single European Central Bank and a single European currency are the true heirs to hayek's legacy given that they will accomplish what Hayek himself had set out as his ultimate objectives.
Issing's case here is a travesty of the Hayek proposal, based as it is on the selective interpretation and misuse of the texts to substantiate his argument. In fact, if anything the single currency will do more harm than good as it is now in use in a European Union which does not have a single market, and where there are many barriers to internal trade and factor mobility. The so-called independence of the central bank is a falsehood. Consider the similar independence of the Bundesbank when Chancellor Kohl established the exchange rate between East and West German currencies. The continued high level of unemployment in the East of that country is a lingering testament to that political interference.
Similarly, the independence of the Central Bank cannot be guaranteed as the current jockying for positions by the French President, among others shows.
Having said that, this book provides a stimulating look inside the mind of a central banker, whose mindset now reflects that of the institution that employs him. Despite the attempted hijacking of the ideas of a great economist, this book deserves to be read by anyone with an interest in monetary economics.
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Picking up where Outcasts left off, this book takes an in-depth look at the lives, attitudes, and spirituality of the Orphans and manages to present material that's both new and useful. The lessons from characters at the beginning, and the more analytical look at Orphans near the end, can be good inspiration in your own game as well.
Unfortunately, as with most WW books, the vast majority of the pregenerated characters, templates, settings, and rotes in the book are dull and smack of a 'look how original I am!' attitude. Worse, there are far too many sections in this book where the authors feel the need to talk down to the reader. In fact, this tiresome trend has become increasingly prevalent in all WW books lately.
Lastly, well, it's the art. It's not bad, as such, just mediocre. Another trend in WW books in recent days.
Overall, my complaints with the book are largely aesthetic and don't nearly outweigh the valuable information and inspiration you can find. As long as you can put up with a little snottiness and the other typical WW garbage, you'll probably enjoy this book. In short, I highly recommend it.
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Far too much descriptive detail, and too little narrative, to be considered an enjoyable read. It is however interesting to note the early appearance of themes that were to dominate later Lawrence works. In particular, the nature-civilisation dichotomy, which became a Lawrence trademark, is apparent here in the relationship between the cultured, educated narrator and his best friend, the raw-boned but affable farmer, George.
Readers wishing to introduce themselves to Lawrence would be better advised to start with the book published two years later, and that marked the beginning of his literary reputation: "Sons and Lovers"
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