So as I read this, a Bretton-Woods–style system of stable exchange rates would be a potent weapon in the war on terror. You identify the countries harboring problematic insurgencies, set your adjustable peg high enough that insurrections can’t operate effectively, and watch the rebellion wither! Is there any problem FDR’s policies can’t help us solve?
Actually, rhetoric like this — pinning hopes for world peace to the Bretton Woods system of stable exchange rates, and thus freer trade and capital flows — was not at all uncommon. As one participant later recollected,
Peace was seen as linked with world prosperity, and prosperity, with free trade, free capital movements, and stable exchange rates.
He goes on to admit, “Although the causality was ambiguous….”1
1Raymond F. Mikesell, “The Bretton Wood Debates: A Memoir,” Essays in International Finance no. 192 (March 1994),…
paints a better picture of Tom than F. Scott Fitzgerald did…. a straightforward adventure yarn, “Banana Republican” offers the pleasures of an exotic setting, inventive plotting and a metaphor that captures the waste and fatuity of our more recent global misadventures — not too bad for a slender and unpretentiously written little novel.
I think “not too bad” and “unpretentiously written” are exactly the kinds of things I would like to believe about my work.
It’s striking, when one reads female philosophers from the early modern period, how little the arguments that a given trait belongs solely to women or to men have changed over the years. In the 17th and 18th centuries, no one used the term “genetic” or “evolutionary” or “long end of the tail” or “back on Ye Olde Veldte”, but instead argued in terms of “natural” or “innate” differences. What particular traits belong in the set “innate to women” or “innate to men” have changed according to social fashion, but what’s curious is that the form of the argument hasn’t:
Girls are from their earliest infancy fond of dress. Not content with being pretty, they are desirous of being thought so; we see, by all their little airs, that this thought engages their attention; and they are hardly capable of understanding what is said to them, before they are to be governed by talking to them of what …
Tuition—at some point, it began to be called tuition, instead of “fees”—at the UC is up, lots, these days. Which is the occasion for Michael O’Hare’s letter to his students, via Mark Thoma. Basically, he points out, a generation that got its UC education (and lots of other state services) paid for by its parents is declining to do likewise for its children. Perhaps not the greatest of generations. (more…)
A survey of military history posts from around the web, inspired by Ralph Luker’s “Notes” and “Things” at the History News Network’s Cliopatria blog. Different from Carnivals as it is my idiosyncratic collection from regular blog reading. Nominations for blogs to follow and include in this survey are welcome. As to why this is #125, it started at H-War a while back.
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This blog is a blog about history, Yiddishkeit, and the Muppets, neither exclusively nor necessarily in that order. And as William Gibson said about this very blog (no, really), “History can save your ass.” Yiddishkeit and the Muppets are just extras.
is the associate director of the Cornell in Washington program and a senior lecturer at Cornell University. He teaches courses on European history, modern military history, guerrilla war, and the role of popular will in waging war.
is a professor of history at UC Davis. He is the author of A River and Its City: The Nature of Landscape in New Orleans, which won the Abbott Lowell Cummings Prize in 2004, and his new book, A Misplaced Massacre: Struggling Over the Memory of Sand Creek, will be published by Harvard University Press in fall 2012.
is a professor of history at UC Davis. She is the author of Real Enemies: Conspiracy Theories and American Democracy, World War I to 9/11 (Oxford, 2009); Red Spy Queen: A Biography of Elizabeth Bentley (North Carolina, 2002); and Challenging the Secret Government: The Post-Watergate Investigations of the CIA and FBI (North Carolina, 1996).