Allan H. Meltzer's monumental history of the Federal Reserve System tells the story of one of America's most influential but least understood public institutions. This first volume covers the period from the Federal Reserve's founding in 1913 through the Treasury-Federal Reserve Accord of 1951, which marked the beginning of a larger and greatly changed institution.To understand why the Federal Reserve acted as it did at key points in its history, Meltzer draws on meeting minutes, correspondence, and other internal documents (many made public only during the 1970s) to trace the reasoning behind its policy decisions. He explains, for instance, why the Federal Reserve remained passive throughout most of the economic decline that led to the Great Depression, and how the Board's actions helped to produce the deep recession of 1937 and 1938. He also highlights the impact on the institution of individuals such as Benjamin Strong, governor of the Federal Reserve Bank of New York in the 1920s, who played a key role in the adoption of a more active monetary policy by the Federal Reserve. Meltzer also examines the influence the Federal Reserve has had on international affairs, from attempts to build a new international financial system in the 1920s to the Bretton Woods Agreement of 1944 that established the International Monetary Fund and the World Bank, and the failure of the London Economic Conference of 1933.Written by one of the world's leading economists, this magisterial biography of the Federal Reserve and the people who helped shape it will interest economists, central bankers, historians, political scientists, policymakers, and anyone seeking a deep understanding of the institution that controls America's purse strings."e;It was 'an unprecedented orgy of extravagance, a mania for speculation, overextended business in nearly all lines and in every section of the country.' An Alan Greenspan rumination about the irrational exuberance of the late 1990sTry the 1920 annual report of the board of governors of the Federal Reserve. . . . To understand why the Fed acted as it did-at these critical moments and many others-would require years of study, poring over letters, the minutes of meetings and internal Fed documents. Such a task would naturally deter most scholars of economic history but not, thank goodness, Allan Meltzer."e;-Wall Street Journal"e;A seminal work that anyone interested in the inner workings of the U. S. central bank should read. A work that scholars will mine for years to come."e;-John M. Berry, Washington Post"e;An exceptionally clear story about why, as the ideas that actually informed policy evolved, things sometimes went well and sometimes went badly. . . . One can only hope that we do not have to wait too long for the second installment."e;-David Laidler, Journal of Economic Literature"e;A thorough narrative history of a high order. Meltzer's analysis is persuasive and acute. His work will stand for a generation as the benchmark history of the world's most powerful economic institution. It is an impressive, even awe-inspiring achievement."e;-Sir Howard Davies, Times Higher Education Supplement

The act of interrogation, and the debate over its use, pervades our culture, whether through fictionalized depictions in movies and television or discussions of real-life interrogations on the news. But despite daily mentions of the practice in the media, there is a lack of informed commentary on its moral implications. Moving beyond the narrow focus on torture that has characterized most work on the subject, An Ethics of Interrogation is the first book to fully address this complex issue.In this important new examination of a controversial subject, Michael Skerker confronts a host of philosophical and legal issues, from the right to privacy and the privilege against compelled self-incrimination to prisoner rights and the legal consequences of different modes of interrogation for both domestic criminal and foreign terror suspects. These topics raise serious questions about the morality of keeping secrets as well as the rights of suspected terrorists and insurgents. Thoughtful consideration of these subjects leads Skerker to specific policy recommendations for law enforcement, military, and intelligence professionals.

Although the subject of federally mandated Institutional Review Boards (IRBs) has been extensively debated, we actually do not know much about what takes place when they convene. The story of how IRBs work today is a story about their past as well as their present, and Behind Closed Doors is the first book to meld firsthand observations of IRB meetings with the history of how rules for the treatment of human subjects were formalized in the United States in the decades after World War II.?Drawing on extensive archival sources, Laura Stark reconstructs the daily lives of scientists, lawyers, administrators, and research subjects working-and "e;warring"e;-on the campus of the National Institutes of Health, where they first wrote the rules for the treatment of human subjects. Stark argues that the model of group deliberation that gradually crystallized during this period reflected contemporary legal and medical conceptions of what it meant to be human, what political rights human subjects deserved, and which stakeholders were best suited to decide. She then explains how the historical contingencies that shaped rules for the treatment of human subjects in the postwar era guide decision making today-within hospitals, universities, health departments, and other institutions in the United States and across the globe. Meticulously researched and gracefully argued, Behind Closed Doors will be essential reading for sociologists and historians of science and medicine, as well as policy makers and IRB administrators.

Meyer makes a valuable statement on aesthetics, criteria for assessing great works of music, compositional practices and theories of the present day, and predictions of the future of Western culture. His postlude, written for the book's twenty-fifth anniversary, looks back at his thoughts on the direction of music in 1967.

The comparative physiology of seemingly disparate organisms often serves as a surprising pathway to biological enlightenment. How appropriate, then, that Robert Elsner sheds new light on the remarkable physiology of diving seals through comparison with members of our own species on quests toward enlightenment: meditating yogis.As Elsner reveals, survival in extreme conditions such as those faced by seals is often not about running for cover or coming up for air, but rather about working within the confines of an environment and suppressing normal bodily function. Animals in this withdrawn state display reduced resting metabolic rates and are temporarily less dependent upon customary levels of oxygen. For diving seals-creatures especially well-adapted to prolonged submergence in the ocean's cold depths-such periods of rest lengthen dive endurance. But while human divers share modest, brief adjustments of suppressed metabolism with diving seals, it is the practiced response achieved during deep meditation that is characterized by metabolic rates well below normal levels, sometimes even approaching those of non-exercising diving seals. And the comparison does not end here: hibernating animals, infants during birth, near-drowning victims, and clams at low tide all also display similarly reduced metabolisms.By investigating these states-and the regulatory functions that help maintain them-across a range of species, Elsner offers suggestive insight into the linked biology of survival and well-being.

For West Papua and its people, the promise of sovereignty has never been realized, despite a long and fraught struggle for independence from Indonesia. In Laughing at Leviathan, Danilyn Rutherford examines this struggle through a series of interlocking essays that drive at the core meaning of sovereignty itself-how it is fueled, formed, and even thwarted by pivotal but often overlooked players: those that make up an audience. Whether these players are citizens, missionaries, competing governmental powers, nongovernmental organizations, or the international community at large, Rutherford shows how a complex interplay of various observers is key to the establishment and understanding of the sovereign nation-state.?Drawing on a wide array of sources, from YouTube videos to Dutch propaganda to her own fieldwork observations, Rutherford draws the history of Indonesia, empire, and postcolonial nation-building into a powerful examination of performance and power. Ultimately she revises Thomas Hobbes, painting a picture of the Leviathan not as a coherent body but a fragmented one distributed across a wide range of both real and imagined spectators. In doing so, she offers an important new approach to the understanding of political struggle.

Europe's imperial projects were often predicated on a series of legal and scientific distinctions that were frequently challenged by the reality of social and sexual interactions between the colonized and the colonizers.When Emmanuelle Saada discovered a 1928 decree defining the status of persons of mixed parentage born in French Indochina-the mtis-she found not only a remarkable artifact of colonial rule, but a legal bombshell that introduced race into French law for the first time. The decree was the culmination of a decades-long effort to resolve the "e;mtis question"e;: the educational, social, and civil issues surrounding the mixed population. Operating at the intersection of history, anthropology, and law, Empire's Children reveals the unacknowledged but central role of race in the definition of French nationality.Through extensive archival work in both France and Vietnam, and a close reading of primary and secondary material from the Pacific islands and sub-Saharan and North Africa, Saada has created in Empire's Children an original and compelling perspective on colonialism, law, race, and culture from the end of the nineteenth century until decolonization.

two sections branch out to explore how politics work at the societal level and suggest the next steps in modeling, research, and political activity itself. Opening up new paths of inquiry in an exciting new field, this volume will appeal not only to scholars of American politics and political behavior, but also to anyone interested in political psychology and sociology.

Vomiting. Diarrhea. Dehydration. Death. Confusion. In 1832, the arrival of cholera in the United States created widespread panic throughout the country. For the rest of the century, epidemics swept through American cities and towns like wildfire, killing thousands. Physicians of all stripes offered conflicting answers to the cholera puzzle, ineffectively responding with opiates, bleeding, quarantines, and all manner of remedies, before the identity of the dreaded infection was consolidated under the germ theory of disease some sixty years later.These cholera outbreaks raised fundamental questions about medical knowledge and its legitimacy, giving fuel to alternative medical sects that used the confusion of the epidemic to challenge both medical orthodoxy and the authority of the still-new American Medical Association. In Knowledge in the Time of Cholera, Owen Whooley tells us the story of those dark days, centering his narrative on rivalries between medical and homeopathic practitioners and bringing to life the battle to control public understanding of disease, professional power, and democratic governance in nineteenth-century America.

Among the most momentous decisions that leaders of a state are called upon to make is whether or not to initiate warfare. How their military will fare against the opponent may be the first consideration, but not far behind are concerns about domestic political response and the reaction of the international community.Securing Approval makes clear the relationship between these two seemingly distinct concerns, demonstrating how multilateral security organizations like the UN influence foreign policy through public opinion without ever exercising direct enforcement power. While UN approval of a proposed action often bolsters public support, its refusal of endorsement may conversely send a strong signal to domestic audiences that the action will be exceedingly costly or overly aggressive. With a cogent theoretical and empirical argument, Terrence L. Chapman provides new evidence for how multilateral organizations matter in security affairs as well as a new way of thinking about the design and function of these institutions.

In the sixteenth and seventeenth centuries, competing scholarly communities sought to define a Spain that was, at least officially, entirely Christian, even if many suspected that newer converts from Islam and Judaism were Christian in name only. Unlike previous books on conversion in early modern Spain, however, Parables of Coercion focuses not on the experience of the converts themselves, but rather on how questions surrounding conversion drove religious reform and scholarly innovation.In its careful examination of how Spanish authors transformed the history of scholarship through debate about forced religious conversion, Parables of Coercion makes us rethink what we mean by tolerance and intolerance, and shows that debates about forced conversion and assimilation were also disputes over the methods and practices that demarcated one scholarly discipline from another.

In Cte d'Ivoire, appearing modern is so important for success that many young men deplete their already meager resources to project an illusion of wealth in a fantastic display of Western imitation, spending far more than they can afford on brand name clothing, accessories, technology, and a robust nightlife. Such imitation, however, is not primarily meant to deceive-rather, as Sasha Newell argues in?The Modernity Bluff, it is an explicit performance so valued in Cte d'Ivoire it has become a matter of national pride.Called bluffeurs, these young urban men operate in a system of cultural economy where reputation is essential for financial success. That reputation is measured by familiarity with and access to the fashionable and expensive, which leads to a paradoxical state of affairs in which the wasting of wealth is essential to its accumulation. Using the consumption of Western goods to express their cultural mastery over Western taste, Newell argues, bluffeurs engage a global hierarchy that is profoundly modern, one that values performance over authenticityhighlighting the counterfeit nature of modernity itself.

Almost fifty years after?Brown v. Board of Education, a wealth of research shows that minority students continue to receive an unequal education. At the heart of this inequality is a complex and often conflicted relationship between teachers and civil rights activists, examined fully for the first time in Jonna Perrillo's?Uncivil Rights, which traces the tensions between the two groups in New York City from the Great Depression to the present.While movements for teachers' rights and civil rights were not always in conflict, Perrillo uncovers the ways?they have become so, brought about both by teachers who have come to see civil rights efforts as detracting from or competing with their own goals and by civil rights activists whose aims have de-professionalized the role of the educator. Focusing in particular on unionized teachers, Perrillo finds a new vantage point from which to examine the relationship between school and community, showing how in this struggle, educators, activists, and especially our students have lost out.?

Friedrich A. Hayek is regarded as one of the preeminent economic theorists of the twentieth century, as much for his work outside of economics as for his work within it. During a career spanning several decades, he made contributions in fields as diverse as psychology, political philosophy, the history of ideas, and the methodology of the social sciences. Bruce Caldwell-editor of The Collected Works of F. A. Hayek-understands Hayek's thought like few others, and with this book he offers us the first full intellectual biography of this pivotal social theorist.Caldwell begins by providing the necessary background for understanding Hayek's thought, tracing the emergence, in fin-de-sicle Vienna, of the Austrian school of economics-a distinctive analysis forged in the midst of contending schools of thought. In the second part of the book, Caldwell follows the path by which Hayek, beginning from the standard Austrian assumptions, gradually developed his unique perspective on not only economics but a broad range of social phenomena. In the third part, Caldwell offers both an assessment of Hayek's arguments and, in an epilogue, an insightful estimation of how Hayek's insights can help us to clarify and reexamine changes in the field of economics during the twentieth century.As Hayek's ideas matured, he became increasingly critical of developments within mainstream economics: his works grew increasingly contrarian and evolved in striking-and sometimes seemingly contradictory-ways. Caldwell is ideally suited to explain the complex evolution of Hayek's thought, and his analysis here is nothing short of brilliant, impressively situating Hayek in a broader intellectual context, unpacking the often difficult turns in his thinking, and showing how his economic ideas came to inform his ideas on the other social sciences.Hayek's Challenge will be received as one of the most important works published on this thinker in recent decades.

Using path-breaking discoveries of cognitive science, Mark Johnson argues that humans are fundamentally imaginative moral animals, challenging the view that morality is simply a system of universal laws dictated by reason. According to the Western moral tradition, we make ethical decisions by applying universal laws to concrete situations. But Johnson shows how research in cognitive science undermines this view and reveals that imagination has an essential role in ethical deliberation.Expanding his innovative studies of human reason in Metaphors We Live By and The Body in the Mind, Johnson provides the tools for more practical, realistic, and constructive moral reflection.

The posthumous publication of The Argument and the Action of Plato's "e;Laws"e; was compiled shortly before the death of Leo Strauss in 1973. Strauss offers an insightful and instructive reading through careful probing of Plato's classic text."e;Strauss's The Argument and the Action of Plato's 'Laws' reflects his interest in political thought, his dogged method of following the argument of the Laws step by step, and his vigorous defense of this dialogue's integrity in respect to the ideals of the Republic."e;-Cross Currents"e;The unique characteristics of this commentary on the Laws reflect the care and precision which were the marks of Professor Strauss's efforts to understand the complex thoughts of other men."e;-Allan D. Nelson, Canadian Journal of Political Science"e;Thorough and provocative, an important addition to Plato scholarship."e;-Library Journal"e;The major purpose of the commentary is to provide a reading of the dialogue which displays its structural arrangement and the continuity of the argument."e;-J. W. Dy, Bibliographical Bulletin of Philosophy"e;The reader of Strauss's book is indeed guided closely through the whole text."e;- M. J. Silverthorne, The Humanities Association ReviewLeo Strauss (1899-1973) was the Robert Maynard Hutchins Distinguished Service Professor Emeritus of political science at the University of Chicago.

Education is a contested topic, and not just politically. For years scholars have approached it from two different points of view: one empirical, focused on explanations for student and school success and failure, and the other philosophical, focused on education's value and purpose within the larger society. Rarely have these separate approaches been brought into the same conversation. Education, Justice, and Democracy does just that, offering an intensive discussion by highly respected scholars across empirical and philosophical disciplines.?The contributors explore how the institutions and practices of education can support democracy, by creating the conditions for equal citizenship and egalitarian empowerment, and how they can advance justice, by securing social mobility and cultivating the talents and interests of every individual. Then the authors evaluate constraints on achieving the goals of democracy and justice in the educational arena and identify strategies that we can employ to work through or around those constraints. More than a thorough compendium on a timely and contested topic, Education, Justice, and Democracy exhibits an entirely new, more deeply composed way of thinking about education as a whole and its importance to a good society.

Discuss real estate with any young family and the subject of schools is certain to come up-in fact, it will likely be a crucial factor in determining where that family lives. Not merely institutions of learning, schools have increasingly become a sign of a neighborhood's vitality, and city planners have ever more explicitly promoted "e;good schools"e; as a means of attracting more affluent families to urban areas, a dynamic process that Maia Bloomfield Cucchiara critically examines in Marketing Schools, Marketing Cities.?Focusing on Philadelphia's Center City Schools Initiative, she shows how education policy makes overt attempts to prevent, or at least slow, middle-class flight to the suburbs. Navigating complex ethical terrain, she balances the successes of such policies in strengthening urban schools and communities against the inherent social injustices they propagate-the further marginalization and disempowerment of lowerclass families. By asking what happens when affluent parents become "e;valued customers,"e; Marketing Schools, Marketing Cities uncovers a problematic relationship between public institutions and private markets, where the former are used to leverage the latter to effect urban transformations.

In the run-up to the 2012 presidential election, Democrats and Republicans were locked in a fierce battle for the female vote. Democrats charged Republicans with waging a "e;war on women,"e; while Republicans countered that Democratic policies actually undermined women's rights. The women of the Senate wielded particular power, planning press conferences, appearing on political programs, and taking to the Senate floor over gender-related issues such as workplace equality and reproductive rights.The first book to examine the impact of gender differences in the Senate, Women in the Club is an eye-opening exploration of how women are influencing policy and politics in this erstwhile male bastion of power. Gender, Michele L. Swers shows, is a fundamental factor for women in the Senate, interacting with both party affiliation and individual ideology to shape priorities on policy. Women, for example, are more active proponents of social welfare and women's rights. But the effects of gender extend beyond mere policy preferences. Senators also develop their priorities with an eye to managing voter expectations about their expertise and advancing their party's position on a given issue. The election of women in increasing numbers has also coincided with the evolution of the Senate as a highly partisan institution. The stark differences between the parties on issues pertaining to gender have meant that Democratic and Republican senators often assume very different roles as they reconcile their policy views on gender issues with the desire to act as members of partisan teams championing or defending their party's record in an effort to reach various groups of voters.

How states cooperate in the absence of a sovereign power is a perennial question in international relations. With Power in Concert, Jennifer Mitzen argues that global governance is more than just the cooperation of states under anarchy: it is the formation and maintenance of collective intentions, or joint commitments among states to address problems together. The key mechanism through which these intentions are sustained is face-to-face diplomacy, which keeps states' obligations to one another salient and helps them solve problems on a day-to-day basis.Mitzen argues that the origins of this practice lie in the Concert of Europe, an informal agreement among five European states in the wake of the Napoleonic wars to reduce the possibility of recurrence, which first institutionalized the practice of jointly managing the balance of power.?Through the Concert's many successes, she shows that the words and actions of state leaders in public forums contributed to collective self-restraint and a commitment to problem solving-and at a time when communication was considerably more difficult than it is today. Despite the Concert's eventual breakdown, the practice it introduced-of face to face diplomacy as a mode of joint problem solving-survived and is the basis of global governance today.

Hegel's Theory of Intelligibility?picks up on recent revisionist readings of Hegel to offer a productive new interpretation of his notoriously difficult work, the Science of Logic. Rocio Zambrana transforms the revisionist tradition by distilling the theory of normativity that Hegel elaborates in the?Science of Logic?within the context of his signature treatment of negativity, unveiling how both features of his system of thought operate on his theory of intelligibility. ?Zambrana clarifies crucial features of Hegel's theory of normativity previously thought to be absent from the argument of the?Science of Logic-what she calls normative precariousness and normative ambivalence. She shows that Hegel's theory of determinacy views intelligibility as both precarious, the result of practices and institutions that gain and lose authority throughout history, and ambivalent, accommodating opposite meanings and valences even when enjoying normative authority. In this way, Zambrana shows that the Science of Logic provides the philosophical justification for the necessary historicity of intelligibility. Intervening in several recent developments in the study of Kant, Hegel, and German Idealism more broadly, this book provides a productive new understanding of the value of Hegel's systematic ambitions.