Bruce E. Baker
Auteur van What Reconstruction Meant: Historical Memory in the American South
Over de Auteur
Bruce E. Baker is Senior Lecturer in U.S. History at Royal Holloway, University of London. He is the author of This Mob Will Surely Take My Life: Lynchings in the Carolinas, 1871-1947, and his essays have appeared in numerous publications, including, most recently, Southern Cultures, American toon meer Nineteenth Century History, and Radicalism in the South since Reconstruction. toon minder
Werken van Bruce E. Baker
After Slavery: Race, Labor, and Citizenship in the Reconstruction South (New Perspectives on the History of the South) (2013) — Redacteur — 14 exemplaren
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The book is remarkably dry for all that. Congressional hearings alone usually provide wonderful color, amusing stupidity, and compromised outcomes. So too Supreme Court hearings and decisions. But precious little of that made it through the filters. This is a straightforward story of the rise and fall of the cotton exchanges in New York and New Orleans. There is a long and winding introduction and then just 130 pages of story. There is no buildup, no drama – just a recounting of the facts. The “Essay on Sources” at the end is a much better introduction than the introduction. It is terribly misplaced at the back.
There is a far greater point than the mere machinations and manipulations by the key players. The whole concept of Efficient Markets and Rational Expectations is (once again) tossed out the window, as men prove, once again, to be more devious and greedy than the markets are capable of handling. The lesson – that the fox should not be running the henhouse – is still being debated in places like Davos, despite constant revolting revelations such as the VW Diesel Scam. Markets do not and cannot regulate themselves. The Cotton Kings shows this is nothing new, and far from being the problem, government is critical to keep the playing field at least somewhat level.
David Wineberg… (meer)