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Interesting
A great introdcution to the importance of monetary policyThis book examines 10 different episodes in world history in which seemingly trivial policy choices towards money had profound, unexpected, and unforeseen consequences (usually very bad). They make enjoyable reading and are most educational.
The discussions are not all that technical and, to me, sparkle with wit and insight. This book can serve as a great introduction to how gold and silver money was abused, the effect that minting rights can have, how technology changes in mining precious metals caused a crisis of devaluation, what the heck bimetallism is and what the issues around it were (are), and most important, the risks of the kind of money we have (fiat money - because it is not tied explicitly to some kind of commodity and is therefore at the risk of somebody running the printing press too much). This is all great stuff. Enjoy!
There are several useful graphs and tables. Also, a reference list in the back can act as a bibliography for further reading.
Friedman¿s Case Against the Government Is Crystal ClearIn any nation at any point in modern history, inflation comes from only one source the national government, not by some physical event, war or deficit spending. He details how the cause of inflation is growing the money supply faster than the output of goods and services. In his fabulous review of money he chronicles the centuries of price stability that came to an end with the creation of paper money. This fiat money is not backed by a precious metal and it has spread becoming the only remaining currency in the world. He does not argue for the return to a precious metal standard as some have misrepresented.
He provides details in country after country of how governments hallucinate that the citizens will not blame the government. Inflation directly benefits the government at the expense of the citizens. In addition to the impact on your liquid assets, the government debt is paid back or refinanced with far less valuable inflated dollars. He shows how tax cuts only giving back the tax increases that come from bracket creep in an inflationary environment. Finally. People and the financial markets quickly learn that interest rates have to compensate for inflation plus a real above inflation.
In current times this means government ten year bond rates of six to eight percent or more. The last ten years was the most ideal time in a century to control inflation. However, inflation was still three to five percent per year. The only logical assumption is that in the next ten years inflation is more likely to be near five percent or more. The historical real return required on government bonds is viewed as about three percent hence the total yield of six to eight percent. Currently, it is slightly below the range. Home mortgages will tend to be a couple percent higher than the government bond. In the simplest terms, had the Federal Reserve controlled inflation to zero, mortgage rates would be half what they are today. Since Greenspan went into the job committed to zero inflation like no other Fed Chairman, there will be no realistic basis for trusting in any potential Federal Reserve policy to eliminate inflation. It would take many years of proof before bond markets would believe any such policy. Because of money mischief we are stuck with high interest rates for a very long time. Thanks to our Federal Government and no one else. The blame could not be more clear.
Many governments have fallen including democracies over the matter of inflation. As USA citizens learn about inflation, it follows that political views will change. One of Friedman's most valuable contributions is the mathematical proof and imperial evidence collection that a little inflation does not help reduce unemployment. It worsens employment. Specifically, while 3% inflation is a smaller crime against the people than 10% inflation, it is still a crime with no redeeming virtue. This is not a matter of theory or political philosophy. Thanks largely to Friedman, the proof is in and the public debate should draw to a close.
The crowning moment of the book is when he details the observations that fiat money as a global money system is only a few decades old and it remains to be seen if governments can be harnessed by citizens to stop inflation. Friedman causes us to appreciate that there is only one place to draw the line. That is at zero inflation. The wreckage of inflation is not just in the aggregate economy, the low income and the retired. The mismanagement of money in the case of the USA by the Federal Reserve eventually reeks havoc in the securities markets. While Friedman is the Federal Reserves most articulate and worthy critic, his goal is to strengthen the spine of the Federal Reserve by educating the public and the government. After reading this book you are likely to see the senators that rant that "only they care about the unemployed and the Federal Reserve must now and always pump up the money supply" as at best badly misinformed.
To label Friedman a conservative or a libertarian economist as some reviewers do is to suggest that you can dismiss the authors views as not mainstream and suspect. This convention has clearly crossed over from the liberal major market media of modern times. It is truly dastardly to degrade the standing of Milton Friedman. His great works should command everyone's study and one should allow your views to be challenged simply on the merits of Friedman's work. A Nobel Prize is not awarded as the result of some game. Friedman's contributions to the modern world are profound.


Not "Milton Dearest"!
Informative, Entertaining and Surprising
The Humanizing of Milton Berle

Some good ideas and photos but a bit too autobiographical.
Must-read for people owned by Aussie Terriers
Outstanding pictures and commentary on the Aussie.

Answers Important Questions on American SlaveryIt also does a good job of discussing the demographics and economics of slavery. Only a small number of white people in the south owned slaves, and those that did usually owned just one. Yet, because ownership of the vast majority of slaves was concentrated in the hands of a few, most slaves lived on huge plantations. Because slave labor was so cheap, business managers would frequently choose to buy or lease out slaves for work. This forced free labor to compete with the slaves for jobs and wages declined.
These portions of the book are utterly fascinating, and I couldn't put the book down. However, there was a bit more than I really cared to know about the average diet of slaves, and it seemed to belabor the rather obvious fact that free whites were usually able to commit violent crimes against black slaves with impunity. In these sections the book dragged a bit, and I felt that the author would have done the reader a favor by cutting a few of the 400+ pages.
Good book, but where are his credentials?Anyone really interested in the subject should be required to read Rawick's 'The American Slave' based on the Slave Narratives which are interviews taken from actual former slaves during the 1930's. This is hearing it from the horses' mouth, so to speak, for the good and bad aspects.
Personally, my studies have brought me to believe that if handed the situation of slavery (which of course I would never have permitted in the first place), that immediate freedom ultimately was a great injustice to blacks. Given the situation at hand, blacks today would be much better off had slavery first been regulated so that it could have been gradually phased out in an organized and deliberate manner instead of people being 'turned out to pasture like cattle' with no education, no way of livelihood, and at a time when the entire South (even whites) were hard pressed to make a living. I, myself, could write a book on this subject, but suffice it to say that this is why I believe we have suffering today among blacks that are the result of parentless or fatherless homes, lack of education, lack of respect, and lack of culture. It has only been about 4 or 5 generations since the end of slavery, and the first 3 of these not much progress was made because everyone was living poorly. This is not that long of time to right such a terrible wrong, and the correct and best way of righting it might not have necessarily been to seek the fastest and most immediate.
A Classic Study of the American TragedyThe book attacks a picture of the Old South that attained wide currency after Reconstruction and was carried through American culture in works such as, for example, Gone With the Wind-- that plantation slavery was a benign institution, part of an agrarian way of life, that was accepted by both slave and master. Professor Stampp shows that slavery had an economic, commercial basis, that it was resisted by slaves overtly and covertly, and that led to squalor, cruelty and suffering by the slaves. The peculiar institution does not merit sentimintality in any form.
In reading the book a half-century after its publication, and with some benefit of having read subsequent studies, I was struck with the moderate tone of the book. Yes, there were humane masters in an inhumane system and yes,there were variants in time and place. Stampp gives these variants their due, perhaps more than modern students would be inclined to do.
I was stuck with the tone of slavery's defenders, pre Civil War and thereafter, describing the institution as "patriarchal". Not only is that description in error, as Stampp shows, but for readers in a time beyond the mid 1950s, it is hardly a compliment to call a society "patriarchal", even if it deserved this characterization.
There has been a great deal of writing since the publication of this book on matters such as the nature of the slave trade, the presence, or lack of it, of an indigenous culture among the slaves, and the economic viability of slavery. These studies add to the picture that Professor Stampp has drawn.
This is an essential book for the understanding of our Nation's history. Those looking for an introduction to the Ante-Bellum South could not do better than to read this book.


Excellent, but with limitationsIn 2001 it has two drawbacks. First, because algorithms for computing numerical values of mathematically functions have improved dramatically over the 37 years since this work was published, you will not find suitable algorithms for computing values of the various functions discussed. To write a program for a computer or programmable calculator to produce values of any of these functions, you should use algorithms obtained from more modern works.
Second, and for much the same reason, you should not assume that all the numerical values given in all the tables are completely accurate; in 1964 calculations of some of these values with then-known algorithms pushed the state of the art to the limit. For example, in Table 7.3, "Complementary Error Function", two of the values attributed to a 1951 table by O. Emersleben are slightly incorrect in the last digit tabulated. This is not a criticism of this book, or of Emersleben; accurate calculation of values of the complementary error function for large arguments is tricky, and I have found similar errors in tables compiled more recently. However, good algorithms are now known, and should be used by anyone who desires reliable values.
These days I find this book still useful for refreshing my memory on various of the many formulas it contains, but for numerical values I prefer to rely on more recent sources, or on programs that derive values using the better algorithms known these days.
Improved my insight and understanding each time used
The most important handbook I ever seen

An Engaging Read!
one of the best figure skating books availiableMost of the stories are personal, giving more insight into the skaters lives than a collection of competition results and technical explanations would. For anyoe who follows figure skating, this is a must-have book.
The year's best!

A good ,allthough basic, overview of the giants
Less was moreThe various graphics are seen applied to print (magazine/book/poster), signage, film and sculptural media.
The examples span several decades, from the early 40s to the mid-90s. The great thing about seeing superb design in the years before the 1980s is that design during that period was accomplished without the use of computers; as a result, greater emphasis was placed on composition, shape, typography, color and imagination. The result was design that was simple, bold and highly communicative. It's a far cry from the over-stimulated design that almost everyone with a computer is capable of producing -- and has.
The back of the book contains an index to the graphics with a descriptive label and the year in which each was produced. Each designer's section starts off with a few paragraphs of introductory text, and ends with a brief bio.
The graphics are displayed one per page, and speak for themselves. Designers should pay attention to the message in this body of work.
monolithic work in the palm of your hand!

Realistic,sensitive,and intimate story of a family trial.
Congratulations to Deborah!Great job Deborah and I look forward to reading any future work you may have coming out.
Be Blessed!
Inspirational Storytelling that Surpasses All Others!Then came the apple...the apple little Maggie bit into, leaving blood behind on the sweet fruit. A worried Clare discovers traces of red all over Maggie's teeth. Her gums were red and swollen. Clare is stunned a few hours later to find herself taking her precious little girl to the hospital to be tested for leukemia, and she prays, desperately, "Please don't let my baby have cancer!"
Yet Maggie does have the dreaded illness and Clare's perfect world comes crashing down around her as she enters the fight of her life for her daughter, her family, her faith, and most of all, herself.
With each and every page, the reader can't help but to imagine "what if this were my child?" We see the tremendous strength of a loving family and friends and the power of prayer through this challenging, life-threatening ordeal. Angel, Mine reminds us of the precious gifts we've received from God and readers will be forever touched by its heartfelt inspiration. Deborah Milton has created a story so real, so intense, it's hard to believe it's fiction. Get out your kleenex, as you'll certainly need them as you follow along with Clare, feeling her emotions, experiencing her pain and her joys as a mother, a wife, and a child of God. If this book hasn't been made into a movie yet, it should be. It is certain to captivate any audience from start to finish. I commend Ms. Milton on a job of inspirational storytelling that surpasses all others I've seen.


Stop apologizing, start reading
Read both this book and The Brother by Sam Roberts...The Rosenberg File ... makes it very, very clear that Julius was certainly part of a communist espionage ring in the NY City area for years during WWII. The Venona Files also make the same case. It is Ethel who was probably not actually guilty of active espionage activities. It should be said, also, that both Rosenbergs could have saved themselves by telling the truth. Ethel might well not even have been charged, and Julius would almost certainly not have gotten the chair. But, they chose to lie right up to the end and be martyrs for the communist cause. The Radosh book, strongly documents the case against Julius and is also forthright about the weakness of the case against Ethel.
Read both The Rosenberg File for completeness and The Brother by Sam Roberts for a facinating sidelight from the point of view of one of the central characters in the story.
Made me think a whole ne way!The book centers on that misuse of judicial power and how the Rosenberg's' were executed through the lynch mob mentality. The overwhelming evidence presented in this book amazed me.
Any sane and rational thinking human being would be able to understand the clear and precise information presented in this book. You need know a great deal about the case to understand the writing.
Using every technique to find information the authors have done themselves proud. The collection of facts presented here would convince any jury that a great miscarriage of justice was performed. It is time to correct that wrong.


Confusing Constellation Relationships - Good Basic AstronomyThe latter book was "new" generations ago when my now grown children marveled at the heavens using our heavily worn hard copy of "The Stars" with Rey, and is now collecting grubby fingerprints from the frequent use by my grandchildren in our original and several paperback copies.
Part 2 of the Heifetz/Tirion book uses a labored method of originating and extending lines all over the sky from "Star n" of Asterism "m" through several other hard to define positions of far removed stars and further on to numbered or named stars in destination constellations for its "Walk Through the Heavens".
Too complicated for the purpose for beginners.
One could spend all night trying to imagine these lines in the sky while a few minutes with either of the Rey books would have the beginner naming and knowing half a dozen constellations and then star hopping to others.
Parts 1, 3 and 4 save the book. Part 3, the section on Legends of the Heavens, Milky Way, etc. is very good. Part 4, sort of a Misc. chapter has a small collection of good viewing information.
The book is a good buy, but the Rey books are a lot better for learning the constellations for any age group, and only slightly more expensive.
The Time-Life Skywatching/Advanced Skywatching volumes for a few more bucks are a little more advanced but orders of magnitude better for beginning teenagers, adults or advanced elementary schoolers and provide a lot more bang for your buck.
An Excellent Primer to the ConstellationsBesides the stars and their relationships to each other, there is also a "Legends of the Heavens" section that tells the myths and stories of the major constellations. They are fascinating and not limited to children. This book can open up the heavens for anyone who wonders about the stars. It can lay a foundation by simplifying the sky. Once these basics are learned, the universe and hobby of astronomy can be pursued to whatever depth you want. This book is a MUST for anyone wanting to be successful in satisfying their curiosity about the locations of constellations and their relationships to each other.
This book will lead you to the stars...I have always been interested on space. However, I have never taken a single astronomy class, and there is a huge difference between knowing about astronomical objects and identifying them on the sky. I had seen some maps, but they were overwhelming.
This book changed it all. It starts with identifying one constellation, and from there it takes you to many stars. It is a very useful first step.
A great companion book for this one is "Secrets of the Night Sky". As I told in my review of that one, "A Walkthrough" will show you how to locate stuff. "Secrets" will let you know what you are watching.