Wednesday, October 22, 2014
Saturday, October 18, 2014
Tuesday, October 14, 2014
Balancing the banks : global lessons from the financial crisis by
Mathias Dewatripont, Jean-Charles Rochet, and Jean Tirole ; translated by Keith Tribe
This compact (only 130 pages) but powerful book by three internationally recognized European economists is well worth reading (Dewatripont and Tirole also authored the fundamental The Prudential Regulation of Banks, 1994). The authors offer a thoughtful review of the current global financial crisis and a number of considered recommendations for ameliorating the next and inevitable one. Tirole's chapter 2, "Lessons from the Crisis," which encompasses almost half the book, is especially informative. The last chapter considers ways to deal with distressed banks. Readers will benefit most if they are familiar with modern financial institutions and instruments. --Choice
Thursday, October 9, 2014
French author Patrick Modiano has won the 2014 Nobel Prize in Literature, it was revealed Thursday. In its announcement of the prize, the Swedish Academy heralded 69-year old Modiano for “the art of memory with which he has evoked the most ungraspable human destinies and uncovered the life-world of the occupation." Modiano made his debut in 1968, with La place de l’étoile(Gallimard). His major works translated to English include three books from David R. Godine Publishers—Missing Person, Honeymoon, and Catherine Certitude—and Out of the Dark from University of Nebraska Press. A collection of three Modiano novellas, Suspended Sentences, which was slated to be published by Yale University Press in February 2015, but will now be released this November, according to a spokesperson there.
Godine is already experiencing a bump in sales, publicist Megan Sullivan told PW. The press has some stock for all three titles, but will work with Ingram's Lightning Source to replenish as early as next week. This is the second Nobel prize-winner on the Godine list. The Boston-based press also publishes the 2008 winner, J.M.G. Le Clézio.
Modiano, the 11th literature laureate born in France, according to the Academy, beat out favorites Ngugi Wa Thiong’o, Haruki Murakami, and Svetlana Aleksijevitj for the prestigious prize. The award, honoring a body of work, comes with a $1.1 million purse.
Canadian short story writer Alice Munro won the prize in 2013, when she was praised by the Academy as a "master of the contemporary short story."
Note from Library: This one took us by surprise and we have put books by Modiano on order.
Wednesday, October 8, 2014
Friday, October 3, 2014
Disney Publishing Worldwide announced a three million copy first print run for The Blood of Olympus by Rick Riordan, the fifth and final installment in the author's Heroes of Olympus series.
The Blood of Olympus will be released in print and digital from Disney Publishing’s Disney-Hyperion imprint, and as an audiobook through Listening Library, on October 7. More than 40 million books are currently in print in the U.S. across Riordan’s three series from Disney-Hyperion: Percy Jackson & the Olympians, The Kane Chronicles, and The Heroes of Olympus.