From the category archives:

Books

Macroeconomics made easy?

by John Q on February 10, 2014

In my book, Zombie Economics, I started the account of macroeconomics with the observation

Macroeconomics began with Keynes. Before Keynes wrote The General Theory of Employment, Interest, and Money, economic theory consisted almost entirely of what is now called microeconomics. The difference between the two is commonly put by saying that microeconomics is concerned with individual markets and macroeconomics with the economy as a whole, but that formulation implicitly assumes a view of the world that is at least partly Keynesian.

Long before Keynes, neoclassical economists had both a theory of how prices are determined in individual markets so as to match supply and demand (“partial equilibrium theory”) and a theory of how all the prices in the economy are jointly determined to produce a “general equilibrium” in which there are no unsold goods or unemployed workers.

I went on to observe how the pre-Keynesian approach had been revived by the “New Classical” school, and how the apparent convergence with “New Keynesian” economics had been shown to be illusory after the failure of Dynamic Stochastic General Equilibrium models to deal with the 2008 financial crisis and the subsquent, still continuing, depression.

With all of this, though, I still never thought of academic macro, in either saltwater or freshwater form, as being a simple reversion to the pre-Keynesian notion of general equilibrium, with no concern about aggregate demand or unemployment, even in the short run. It turns out that, at least for a large segment of the profession, this is quite wrong. I’ve just received a book entitled Big ideas in Macroeconomics: A nontechnical view by Kartik Athreya, an economist at the Richmond Federal Reserve who made a splash a few years back with a piece entitled Economics is Hard. Don’t Let Bloggers Tell You Otherwise, which, unsurprisingly, did not endear him to bloggers. As a critic of mainstream macro, I’m briefly mentioned, and I just got a review copy.

The new book is an attempt to simplify things, and indeed it has proved enlightening to me and also to Herb Gintis who contributes a blurb on the back, commending it as an accessible and accurate description of the dominant way of thinking about macroeconomics.

The easiest way to see why the book is so striking is to list some topics that do not appear in the index (and are not discussed, or only mentioned in passing, in the text). These include: unemployment, inflation, recession, depression, business cycle, Phillips curve, NAIRU, Taylor Rule, money, monetary policy and fiscal policy.

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HHhH, by Laurent Binet

I came to Laurent Binet’s book about the assassination of Reinhard Heydrich late; it was published in 2012 in English, and attracted largely positive attention then. It takes up the true story of a British-aided 1942 mission by the BeneÅ¡ government-in-exile to kill Heydrich, then Hitler’s satrap in Nazi-occupied Czechoslovakia as well as SS-leader Heinrich Himmler’s number two (Binet’s book says the title comes from the phrase, Himmler’s Hirn heisst Heydrich: Himmler’s brain is called Heydrich). Binet manages remarkably to make the book both a well told thriller and an extended mediation on the writer’s relation to history and the fiction he is making of it.

Together with some other British-trained Czechoslovak commandos on other missions, two assassins – Jan KubiÅ¡ and Jozef Gabčík; a Czech and a Slovak – parachuted from a Halifax into a field near Prague, made contact with the resistance, and eventually ambushed and waylaid Heydrich’s Mercedes. Gabčík faced down the car with a Sten gun, which jammed and failed to fire. KubiÅ¡ charged from the rear with a grenade, which went off near the car’s rear wheel, driving fragments of the vehicle into Heydrich’s body. The assassins fled. Heydrich tried to shoot Gabčík, then collapsed. Taken to a hospital, Heydrich received good treatment but afterward died of an infection. Hitler and the Nazi high command gave him a martyr’s funeral. On the strength of a spurious connection, the Germans destroyed the city of Lidice, killing its inhabitants, razing it to the ground, and salting the earth. They also named an expanded program for carrying out the Final Solution (of which Heydrich had been a principal engineer) “Aktion Reinhard”. With the help of a parachutist who decided to betray his fellows, the Germans discovered KubiÅ¡ and Gabčík, together with a number of their colleagues, holed up in a Church and, over many blundering and violent hours, eventually smoked, flooded, and blasted them out of hiding; the commandos died rather than suffer capture.

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What is Self-Control?

by John Holbo on December 30, 2013

I think this looks like a rather loose translation of the original.

charmides

Sorting Hat’s Gotta Sort

by Belle Waring on December 13, 2013

OK everyone, important moral questions here! Set your trifling trolley tracks and trickery to one side! IF you were set under the Sorting Hat in Hogwart’s Academy for Witchcraft and Wizardry, would you be a Hufflepuff, a Slytherin, a Ravenclaw, or a Gryffindor? Now, it’s important to remember that the books are all about a bunch of Gryffindors who save the world a British boarding school from evil. And that Ms. Rowling, though awesome in many many ways, suffers from world-building problems in others (she is free to tell me my 7-book series, which unites all the children of the world in the love of reading, is conceptually flawed as well.)

There are larger problems, such as the eensy-weensy “er, not to Godwin your whole series, and I know your evil wizard from the 30s backstory was going there, but, um, why aren’t wizards ruling the world, with Voldemort having a continental empire, full of Muggles whom he has shuffling off, of their own accord, under the imperius curse, quite horribly with no need for guards or jailers or even wizards to construct the camps…?” Naturally in a book for children one would put it more, “why aren’t wizards trying with a bit more of a ‘can-do spirit’ to take over the world, I wonder?” Setting that aside, within Hogwart’s itself: we get Cedric Diggory to remember, and he’s super-hot and everything in a pale, unhealthy way, but otherwise, Draco Malfoy’s initial pronouncement that he’d rather not be in the school at all than be a Hufflepuff is not really gainsaid, leaving you with the impression that they are a bunch of morons. Not so! The eventual TOTAL FAIL fanfic Harry Potter and the Methods of Rationality, while written in some wiki fashion by libertarians, or possibly by the character Randy in Stephenson’s Cryptonomicon (which some of you may have heard of from Stephenson-quoter-kun) has some very good features (I realize it does not sound at all plausible when I have laid it out like that but it really does have its moments). Fine, technically it’s written by the Less Wrong people. Waaaay different.
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Not now, but soon, soon.

by John Holbo on December 4, 2013

Folks are linking to it. The Farhad Manjoo profile of Neetzan Zimmerman, the Gawker writer who picks the linkbait stories like no one else, apparently. I do like the idea that after AI’s are better than us at everything else, it might still take a human to figure out whether sloths are in this month.

Donald Barthelme wrote a story about this back in … – turns out it was 1980! “Pepperoni”!

Basically, he envisions a kind of Gawkerization of media. (But without the social media aspect, admittedly.)

A newspaper has found financial success by diversifying its operations. It owns timberlands, mines, pulp and paper operations, and a number of different media, and over-all return on invested capital increases at about 9% a year. But top management is saddened and discouraged, and middle management is drinking too much. Automation has lowered morale in the newsroom. Recently the paper ran the same stock tables every day for a week. No one noticed, no one complained. Some elements of the staff are not depressed. The real estate, food, clothing, and games columns of the paper are thriving. Nevertheless, the Editors’ Caucus has applied to middle management which has implored top management to alter its course. The paper’s editorials have been subcontracted to Texas Instruments and the obituaries to Nabisco. There was an especially lively front page on Tuesday. The No. 1 story was pepperoni – a useful and exhaustive guide. Top management has vowed to stop what it is doing – not now, but soon, soon. A chamber orchestra has been formed among the people in the newsroom, and we play Haydn until the sun comes up.

You can get it in Forty Stories [amazon]. Funny stuff! But the funny thing about the New Yorker summary is that you probably think you are getting a teaser. The first paragraph or something. But it’s actually a condensed version of the whole story. Only, of course, nothing really happens in a Donald Barthelme story. Executive summaries of postmodern literature are weird. I never really noticed that until just now.

UPDATE: Oooh, oooh. Now I’m rereading Forty Stories. From “Conversations With Goethe”:

Critics, Goethe said, are the cracked mirror in the grand ballroom of the creative spirit. No, I said, they were, rather, the extra baggage on the great cabriolet of conceptual progress. “Eckermann,” said Goethe, “shut up.

I forgot how funny this stuff is.

Tiger, Tea, Political Economy

by Henry Farrell on November 28, 2013

tigertea

The “BBC”:http://www.bbc.co.uk/news/magazine-25027090 has a short article on the background to Judith Kerr’s The Tiger Who Came to Tea. It quotes another children’s author, who suggests that some of the imagery stems from Kerr’s experience as a little girl whose family fled from the Nazis (tigers, like Nazis, are dangerous). This seems to me improbable – the tiger is hungry, but genial, and little Sophie embraces him. But what I’ve always liked about the book when reading it to my children is the ordinary world into which the tiger irrupts. You can tell a lot about the political economy of 1950s or 1960s middle class life in a London flat from reading it. It’s a world where the milkman still comes around every day, and the grocer has a delivery boy. But it’s also a world where a moderately hungry tiger can quickly consume all the food in the flat (the pictures suggest that the cupboard shelves are rather bare) – the grocery’s delivery boy can carry everything that he needs to in the basket mounted on the front of his bicycle, because there isn’t much to carry. Perhaps most strange from the perspective of a modern American child, there’s a limited supply of water – the tiger has drunk so much from the tap that Sophie cannot have a bath.

This isn’t nearly as strange to me, or Irish people of my generation, as I suspect it is to most middle class Americans. I grew up in a professional family, but many of the things that Americans take for granted (and, as best as I can tell from TV, novels etc, took for granted back then too) would have seemed like the most sybaritic of luxuries. Britain was somewhat better off, obviously, but not by much. David Lodge’s comic novel, Changing Places plays up some of the differences between the material standards of living in the US and Britain for comic effect, but he really doesn’t have to exaggerate much (when I was a child, we lived for a year in a flat in Darlington – much of what he describes is familiar). The life I have today would have been unimaginable to me as a child, or even a teenager. Which is all a roundabout way of getting towards saying that ordinary life in the US today, for people who are middle class or higher is a life of extraordinary material abundance, even from the perspective of other Western nations in recent memory. If you’re one of the people enjoying this life, you likely have a great deal to be grateful for. So happy Thanksgiving.

Top Shelf Sale On Comixology; also, Kindle Matchbook

by John Holbo on November 14, 2013

Mostly I read comics in digital form these days. Comixology is a pretty good platform – bit crashy on my old iPad. But I like the Guided View format. If you haven’t gotten into the whole buying digital comics thing yet, you might check out the Top Shelf sale going on right now. Top Shelf is a major indie publisher with a lot of great titles and a pretty extensive catalogue. You can get Alan Moore, League of Extraordinary Gentlemen and From Hell. You can get Jeff Lemire stuff like Essex County and The Underwater Welder. You can get Nate Powell stuff like Any Empire and Swallow Me Whole (which I previously recommended here.) You can get hilarious Jeffrey Brown stuff like The Incredible Change-Bots (also recommended before.) Lilli Carre, Tales of Woodsman Pete. James Kochalka, Monkey vs. Robot and Superf*ckers. And on and on. Good stuff!

I also notice, via the Top Shelf front page, that there’s a new Amazon thing called Kindle Matchbook. If you’ve bought a physical book through Amazon, at any point in the past, you can add a digital copy for cheap. I so much prefer digital, especially for research purposes, that I will probably be availing myself of that option in future. But Kindle comics aren’t so good. You can’t zoom individual frames, as with Comixology. And not that many publishers are on-board with this Matchbook thing, apparently. I suppose they feel it will put yet more pressure on paper sales by encouraging people to sell their used paper copies, once they’ve got the Kindle copy. Probably they’re right.

Is the Paradox of Thrift Actually a Paradox?

by Henry Farrell on November 2, 2013

Paul Krugman mentions that Keynesian staple, the “paradox of thrift”:http://krugman.blogs.nytimes.com/2013/11/01/the-harm-germany-does/ in passing on a post on Germany. Which I read as giving me license to quote one of my favorite paragraphs from Albert Hirschman’s work (this from his piece, “How the Keynesian Revoution was Exported from the United States, and Other Comments,” in Peter Hall (ed.) The Political Power of Economic Ideas.

But while rehabilitating common sense, Keynes hardly presented his own theory in commonsensical terms. Rather, his message was delivered in a book whose text was uncommonly difficult. Moreover, he frequently presented his propositions as counterintuitive rather than as confirming common sense: for example, instead of telling his readers that converging individual decisions to cut consumption can set off an economic decline (common sense), he dwelt on the equivalent but counterintuitive proposition that a spurt of individual decisions to save more will fail to increase aggregate savings. In this manner, he managed to present common sense in paradox’s clothing and in fact made his theory doubly attractive: it satisfied at the same time the intellectuals’ craving for populism and their taste for difficulty and paradox.

I’m not sure if it’s entirely fair, but it is surely beautifully put. Unfortunately, this essay doesn’t appear in the new volume of The Essential Hirschman (Powells, Amazon). But there are many other wonderful essays that are there (including my favorite, “Rival Views of Market Society). A wonderful book, and a treat if you haven’t read Hirschman before.

The Reason I Jump

by Ingrid Robeyns on October 27, 2013

Recently I read the book The Reason I Jump: One Boy’s Voice from the Silence of Autism. This is a very unusual book, for both its content and its format. The writer, Naoki Higashida, wrote this book when he was 13. It consists of 58 questions and answers that give a picture of autism from the inside – and this time not from one of the few people with autism who are also verbally strong (often people with Asperger’s), but written by a boy who has sever communication problems. He wrote the book using an alphabet grid; a helper can then transcribe what he wants to tell us.

Naoki gives answers to questions such as “Why do you echo questions back at the asker?” or “Why do you take ages to answer questions?” or “Why don’t you make eye contact when you’re talking?” – and the question that gave the book it’s title “What’s the reason you jump?”. The answers are highly interesting and revelatory of the autistic mind – at least, of one autistic mind. It takes ages to answer a question because “by the time it’s our turn to speak, the reply we wanted to make has often upped and vanished from our heads … and all the while, we’re being bombarded by yet more questions. I end up thinking, this is just hopeless. It’s as if I’m drowning in a flood of words.” [his italics]. And the reason he jumps? “When something happens that affects me emotionally, my body seizes up as if struck by lightening. … it means I am not free to move the way I want.” [click to continue…]

The Napoleon of Nothing Hill

by John Holbo on October 21, 2013

Once upon a time, I was going to write an article with that title. Finished a draft and everything. About Zizek (duh!)

But I’ll just leave that as an exercise to the interested reader. (It’s not a hard assignment, honestly.)

Have you read The Napoleon of Notting Hill, by G. K. Chesterton? I just reread it. It’s wonderful, fabulous! It’s so utterly solipsistic, with its two half-heroes completing each other – the jester king with the fairy name, Auberon Quin; and the dead serious Adam Wayne. There is only one woman in the whole book. And it has scores of characters before we’re done. She fits, with room to spare, in a nutshell-sized morality tale:

“In a hollow of the grey-green hills of rainy Ireland, lived an old, old woman, whose uncle was always Cambridge at the Boat Race. But in her grey-green hollows, she knew nothing of this: she didn’t know that there was a Boat Race. Also she did not know that she had an uncle. She had heard of nobody at all, except of George the First, of whom she had heard (I know not why), and in whose historical memory she put her simple trust. And by and by in God’s good time, it was discovered that this uncle of hers was not really her uncle, and they came and told her so. She smiled through her tears, and said only, ‘Virtue is its own reward.'”

I call that spectacular failure of the Bechdel Test – I do. Still, it’s nice to think that about virtue.

I don’t want to give away the ending – it turns out there’s a water-tower! – but I thought about the ending during the shutdown fight. Do you think Ted Cruz is sort of like Adam Wayne? Only the ending turned out differently? Or is he like Auberon Quin? Or is half of his brain one, and half of his brain the other?

Chesterton’s characters are so wonderfully likeable, and Republicans like Ted Cruz are so loathsome, not to put too fine a point on it. It isn’t because no one gets hurt, because Chesterton is fiction; or that no one gets hurt in the fiction – they do! It’s that Chesterton makes sure that the dangerous, ‘Every Day Is Like Thursday’, signature Chesterton protagonist delusionalism is utterly innocent and childlike at the root, even if the branches whack other folks, who are almost as innocent. Imagine thinking Cruz was fundamentally good-hearted, boy howdy. Wouldn’t that be a sight to tell your grand-kids you saw?

This post is sort of a sequel.

So, during our latest enjoyable discussion fracas mêlée, John alluded to the fact that what I have is something more like a reading illness than a love of literature per se. I usually either walked to school or took the (very crowded) bus when I lived in New York. So I never developed the special skill, honed to perfection by my uncle, of folding the New York Times first, in half upper to lower; then, in halves again but along the central line; finally, in half again along the midline, and reading 1/8 of a page at a time. This sounds easy. But you really need to picture my uncle, a partner at Cadwalader, Wickersham & Taft, taking the subway to work down on Wall Street from the upper East side, whence he was bound to get a seat–I must note he was being rather frugal (which will seem to be belied by what follows, but having a smaller number of really well-made suits is cheaper in the long run). There he is: sitting, in a beautiful bespoke suit (I thought he would die when during a brief fever of dot.com bubbliness the firm introduced “casual Fridays,” which policy was happily discarded in 2000, as I assured him it would be), and horn-rimmed glasses, on the express, hemmed in by people, none of whom he is inconveniencing in any way by his NYT reading, because of his special, lifetime-New-Yorker ability to pick up each section, shake it into sudden crisp folds against its own grain, and repeat, as needed, until all is read and the crossword finished by 7:45 a.m. when he gets to work. (As I say, it sounds easy, but think of what happens when you must get from an article folded into the top left 1/8 of one page into the middle 1/8 of the lower part of the next page, and you may not extend it beyond your knees or your elbows beyond your shoulders.) He is a very meticulous and wonderful person, my uncle.
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Lighter Than My Shadow

by Chris Bertram on October 6, 2013

Last Thursday I went to the launch party for Katie Green’s Lighter Than My Shadow (just published by Jonathan Cape) a graphic memoir in which she tells the story of her descent into and recovery from anorexia (and quite a bit besides). It is a big book, 524 pages in all, which somewhat belies its title, yet I read the whole thing in one sitting. I know I’m not alone in having done this: once you start, it is very hard to stop. It is compelling but a hard book to read: I felt the tears welling up several times. It is also a great book. The graphic format works perfectly for the story and Katie – a terrific illustrator – has managed to convey very vividly some little part of what it felt like from the inside. The black cloud of despair, the screaming monsters in the head, the desperate urge to control, control, control and the sense of alienation from those closest to her, the pain she knows she’s inflicting on them but can’t help doing so.

When she spoke at the book launch Katie said that she hadn’t written the book to help anyone. Nevertheless, I’m sure it will help one very large group of people, the people who can’t imagine what it is like for someone in her position, who can’t understand the sense of compulsion, and why the sick person can’t just “pull themselves together”. In giving voice to this inside, Katie has pulled off something comparable to what William Styron did for depression in Darkness Visible. That’s a pretty high standard of comparison, I know, and I’m feeling swayed by the immediate experience of just having read Lighter Than My Shadow, but I don’t think it an unfitting one.

I should disclose a slight interest. I know Katie slightly (she’s a friend of one of my children) and a photo I took is on the cover flap. So I’m not entirely impartial. Still, I think this is, objectively, a very great achievement. And I don’t mean to relativise in a way that suggests that it is great for someone who has gone through her experience to have produced something this good. I mean that it would be great for anyone to have created this, even though her experience is a condition of having done so. Anyway, people out there, this is a book that most of you ought to read. You can get it at Amazon of course, but better to buy from somewhere else. (The Guardian had a feature on the book last week.)

There Are Men Eating Menstrual Pads

by Belle Waring on September 26, 2013

Oh, Belle. Belle, Belle, Belle. First, you told us some authors were such a bunch of sexist dillweeds that you didn’t really like their novels all that much. In a throwaway sentence! A sentence that made it clear that you in fact didn’t read such books at all, but merely checked the covers for sexist content and then threw the books away in the trash. In. The. Trash. And then John said you could read fast. Biased much LOL! Yeah, well, so fast that you stopped reading books completely after you reached a sexist sentence! Because that’s manifestly what ‘reading fast’ means. Yes, and then you had an actual man testify again on your behalf that you finished books even if you didn’t super-love them. Like–probably the only chick in the world, seriously! How was any of us to know that “reads books fast” means “reads books”? What is this, some kind of crazy advanced logic class, or a blog?

So then you explained at length, that you were only talking about this one group of male authors who wrote more or less from the ’50s on, and that you didn’t like their novels because you thought they weren’t good novels. When since is that a reason not to like a novel, I would like to know, Missy? Any anyway, Belle, your problem is that you’re reading the wrong thing. Nobody cares about these books anymore! Or, as a commenter suggested: “No. It seems your definition of ‘important’ is skewing your choice of reading, so not surprising that your results are skewed. I’d suggest that you drop everything else for a while until you’ve finished reading all of Pratchett and Banks.” [Here I must note that for whatever odd reason this rubbed me the wrong way. I have already read all of Pratchett and Banks (except maybe one Tiffany Aching one?). The knowledge that there will be no new Iain M. Banks novels dismays me. He’s one of my all-time favorite writers full-stop. WHY AFTER 500 COMMENTS WOULD SOMEONE NOT ASK IF I HAD READ THEM ALL FIRST BECAUSE YOU KNOW, I VERY WELL MIGHT HAVE? Unnamed commenter: I don’t hate on you; it was almost bad luck that you…naw, you still shouldn’t have been so patronizing. But, like, talk to me, dude, what were you thinking?]

Well, dear readers, someone does care about these authors. Someone cares very, very much, and that man is University of Toronto Professor David Gilmour. In a recent interview with Random House Canada’s Emily Keeler, he explained his teaching philosophy:

I’m not interested in teaching books by women. Virginia Woolf is the only writer that interests me as a woman writer, so I do teach one of her short stories. But once again, when I was given this job I said I would only teach the people that I truly, truly love. Unfortunately, none of those happen to be Chinese, or women. Except for Virginia Woolf. And when I tried to teach Virginia Woolf, she’s too sophisticated, even for a third-year class. Usually at the beginning of the semester a hand shoots up and someone asks why there aren’t any women writers in the course. I say I don’t love women writers enough to teach them, if you want women writers go down the hall. What I teach is guys. Serious heterosexual guys. F. Scott Fitzgerald, Chekhov, Tolstoy. Real guy-guys. Henry Miller. Philip Roth….
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Drink The Haterade

by Belle Waring on September 21, 2013

I don’t want to step on my husband’s post, so I am merely supplementing it, because I think there is something that deserves enough excerpts to warrant a post rather than a comment. To wit, this article from The Toast, “You Wouldn’t Like Jonathan Franzen When He’s Angry.” I am turning off comments to this post so we can talk in the thread below.

Jonathan Franzen is the angriest novelist in the world. He is the novelist who is so angry he cannot move. He cannot eat. He cannot sleep. He can just barely growl. Bound so tightly with tension and anger, he approaches the state of rigor mortis.

He is angry because Salman Rushdie uses Twitter, and nowadays people can buy books on the Internet, and the Home Depot, and he had to go to Germany one time, and also some women exist who have not had sex with him….

Think of all the women who have never slept with Jonathan Franzen. His anger must grow by the day. Soon it will envelop the world, and we will be forced to bow down in chains before it, and create ziggurats out of human corpses as terrible tribute. Some of these women who Failed To F#ck Jonathan Franzen might now be on Twitter, which is wrong because of a German essayist who is now dead.

To quote one of the most internetty minds of our generation, “heh, indeed.” Now I will speak my part, and then fall silent, except for the part about where we get into a huge argument in comments because I think pretty much all the Important Male Novelists of the mid to late 20th-century are such sexist dillweeds that it is actually impossible to enjoy the books. For me. Except William S. Burroughs, and that is because he does not want to sex chicks up. Not even a little bit. He wants us to be able to make clones, and then just go live on another planet with only men and boys and million-year-old crab creatures made of radioactive cadmium and then have gay sex there. It is astringently refreshing to have a novelist not care about having sex with you at all. It’s the best! Goodbye, poorly drawn female characters who exist as trophies for when the protagonists level up after a boss battle with Freudian analysis!

Now, dudes, part of shared bank accounts and having children and shit like that is that you can coordinate on stuff and divide responsibilities sensibly. Am I going to sit down and read about the Fourfold Root? No, I will ask my husband, “hey peaches, what’s this with the Schopenhauer here, am I giving a f*@k or what?” Then he can answer on account of having written a dissertation about it. And he arranges for everyone to go to the dentist, and parent-teacher conferences, and guy stuff like that which I as a mother, am not really into. Similarly, as John is a busy person who doesn’t have time to read novels which are both extremely long and quite bad, I can read them on our joint behalf. No, I can also read long good books on our behalf, so I can tell John crucial stuff about Proust like when the last volume opens and it seems as if all the characters have come in fancy dress but then… I read very quickly, stupidly quickly, a skill I primarily use to read the equivalent of a 500 page paperback, but made of internet bullshit, every day (I’ve checked). The Corrections, Jesus. It didn’t even have to be bad! There were many aspects of it that were very well observed and memorable. It needed an editor. It needed a nano-particle of self-awareness that was doing something other than comparing the distance of Franzen’s masturbatory ejecta to that of Philip Roth. Something that might, eventually, if nurtured in a caring bosom, maybe some kind of DH Lawrence glorying sheaf of wheat in the firelight thing, become humility. Just for like a second! It needed negative 4089 C of sexism to return to conditions amenable to reading rather than being the heart of a the giant blue-white star which is poised, even now, to go supernova in the center of the swirling storm of Eta Carinae. Let us never speak of Jonathan Franzen again.

Here Comes Everybody – And She’s Karl Kraus!

by John Holbo on September 21, 2013

We are bookish intellectuals here! Why then should we lack for a thread in which people can complain about Jonathan Franzen’s essay? I can sort of sympathize with Franzen’s evident desire to hit a trollier-than-thou Krausian high note. Suddenly Here Comes Everybody – and they all want be just as individual and superior as I do, the bastards.

In his defense, Franzen does seem to be aware that he looks like Calvin, complaining about the results of using the Duplicator Machine.

When Coase died I thought about penning, in his honor, a prolegomenon to a possible sequel to his Theory of the Firm. I would propose a theory of the Fall of the Book, organized around an account of precipitously falling transaction costs, sentence by sentence. Why is it ever better for an individual sentence to incorporate with hundreds or thousands of others? Why isn’t all intellectual life transacted on Twitter? (I’m busy today, so maybe you could write this theory, piecemeal, in comments, so I don’t have to.)

What happens to writing when every sentence can be – hence is under peer pressure to be – its own marketing department?

I do get why Franzen feels that he, as the serious author of big, serious books, is heroically trying to hold the line. (Full disclosure: I have never read The Corrections. I don’t have the time.) But the irony is that his Guardian essay isn’t complaining about anything for which there aren’t already perfectly good, complaining memes on Know Your Meme. Still, as Kraus remarks. “Many share my views with me. But I don’t share them with them.”