In the fall of 2008, the world watched in horror as the U.S. housing finance system shattered, triggering a global financial panic and ultimately the Great Recession. Now, nearly a decade later, the long and slow housing recovery has reached a critical moment. Though the housing finance system has stabilized, it remains in the hands of the federal government, leaving taxpayers exposed to the credit risk while private funding remains mostly on the sidelines. Principles of Housing Finance Reform identifies the changes necessary to modernize the housing finance system, identifying guiding principles that should underlie a rebuilt system. Contributors to the volume set out a wealth of innovative solutions that are possible within this framework, presenting proposals for long-term structural reforms that would infuse new life into the U.S. housing finance system while enhancing long-term stability. Nearly a decade after the inception of the Great Recession, reform proposals have arisen across the political spectrum. This is a moment of opportunity for rebuilding a key sector of the U.S. economy. The research in this volume represents the best thinking of policy researchers and economic experts on the challenges that lie ahead and provides a roadmap for reforms to create a system characterized by liquidity, stability, access, and sustainability. Contributors: W. Scott Frame, Meghan Grant, John Griffith, Diana Hancock, Stephanie Heller, Akash Kanojia, Patricia C. Mosser, Kevin A. Park, Wayne Passmore, Roberto G. Quercia, David Scharfstein, Phillip Swagel, Joseph Tracy, Susan M. Wachter, Dale A. Whitman, Mark A. Willis, Joshua Wright.
Hope is an integral part of social life. Yet, hope has not been studied systematically in the social sciences. Editors Hirokazu Miyazaki and Richard Swedberg have collected essays that investigate hope in a broad range of socioeconomic situations and phenomena across time and space and from a variety of disciplinary vantage points. Contributors survey the resilience of hope, and the methodological implications of studying hope, in such experiences as farm collectivization in mid-twentieth-century communist Romania, changing employment relations under Japan's neoliberal reform during the first decade of the twenty-first century, the dynamics of innovation and replication in a West African niche economy, and Barack Obama's 2008 political campaign of hope in the midst of the unfolding global financial crisis. The Economy of Hope shifts the analytic of anthropological and sociological investigations from knowledge to hope, presents case studies on the loss of collective hope, and concludes by offering techniques for replicating hope. In the hands of Miyazaki and Swedberg and their distinguished contributors, hope becomes not only a method of knowledge but also an essential framework for the sociocultural analysis of economic phenomena. Contributors: Yuji Genda, Jane Guyer, Hirokazu Miyazaki, Annelise Riles, Richard Swedberg, Katherine Verdery.
During the nineteenth century, the United States entered the ranks of the world's most advanced and dynamic economies. At the same time, the nation sustained an expansive and brutal system of human bondage. This was no mere coincidence. Slavery's Capitalism argues for slavery's centrality to the emergence of American capitalism in the decades between the Revolution and the Civil War. According to editors Sven Beckert and Seth Rockman, the issue is not whether slavery itself was or was not capitalist but, rather, the impossibility of understanding the nation's spectacular pattern of economic development without situating slavery front and center. American capitalism—renowned for its celebration of market competition, private property, and the self-made man—has its origins in an American slavery predicated on the abhorrent notion that human beings could be legally owned and compelled to work under force of violence. Drawing on the expertise of sixteen scholars who are at the forefront of rewriting the history of American economic development, Slavery's Capitalism identifies slavery as the primary force driving key innovations in entrepreneurship, finance, accounting, management, and political economy that are too often attributed to the so-called free market. Approaching the study of slavery as the originating catalyst for the Industrial Revolution and modern capitalism casts new light on American credit markets, practices of offshore investment, and understandings of human capital. Rather than seeing slavery as outside the institutional structures of capitalism, the essayists recover slavery's importance to the American economic past and prompt enduring questions about the relationship of market freedom to human freedom. Contributors : Edward E. Baptist, Sven Beckert, Daina Ramey Berry, Kathryn Boodry, Alfred L. Brophy, Stephen Chambers, Eric Kimball, John Majewski, Bonnie Martin, Seth Rockman, Daniel B. Rood, Caitlin Rosenthal, Joshua D. Rothman, Calvin Schermerhorn, Andrew Shankman, Craig Steven Wilder.
From Halakhic innovation to blood libels, from the establishment of new mendicant orders to the institutionalization of Islamicate bureaucracy, and from the development of the inquisitorial process to the rise of yeshivas, universities, and madrasas, the long thirteenth century saw a profusion of political, cultural, and intellectual changes in Europe and the Mediterranean basin. These were informed by, and in turn informed, the religious communities from which they arose. In city streets and government buildings, Jews, Christians, and Muslims lived, worked, and disputed with one another, sharing and shaping their respective cultures in the process. The interaction born of these relationships between minority and majority cultures, from love and friendship to hostility and violence, can be described as a complex and irreducible «entanglement.» The contributors to Entangled Histories: Knowledge, Authority, and Jewish Culture in the Thirteenth Century argue that this admixture of persecution and cooperation was at the foundation of Jewish experience in the Middle Ages. The thirteen essays are organized into three major sections, focusing in turn on the exchanges among intellectual communities, on the interactions between secular and religious authorities, and on the transmission of texts and ideas across geographical, linguistic, and cultural boundaries. Rather than trying to resolve the complexities of entanglement, contributors seek to outline their contours and explain how they endured. In the process, they examine relationships not only among Jewish, Christian, and Muslim communities but also between communities within Judaism—those living under Christian rule and those living under Muslim rule, and between the Jews of southern and northern Europe. The resulting volume develops a multifaceted account of Jewish life in Europe and the Mediterranean basin at a time when economic, cultural, and intellectual exchange coincided with heightened interfaith animosity. Contributors : Elisheva Baumgarten, Piero Capelli, Mordechai Z. Cohen, Judah Galinsky, Elisabeth Hollender, Kati Ihnat, Ephraim Kanarfogel, Katelyn Mesler, Ruth Mazo Karras, Sarah J. Pearce, Rami Reiner, Yossef Schwartz, Uri Shachar, Rebecca Winer, Luke Yarbrough.
Following the popular uprisings that swept across the Arab world beginning in 2010, armed forces remained pivotal actors in politics throughout the region. As demonstrators started to challenge entrenched autocratic rulers in Tunis, Cairo, Sana'a, and Manama, the militaries stormed back into the limelight and largely determined whether any given ruler survived the protests. In Tunisia, Egypt, and Yemen, senior officers pulled away from their presidents, while in Algeria, Bahrain, and Syria, they did not. More important, military officers took command in shaping the new order and conflict trajectories throughout that region. Armies and Insurgencies in the Arab Spring explores the central problems surrounding the role of armed forces in the contemporary Arab world. How and why do military apparatuses actively intervene in politics? What explains the fact that in some countries, military officers and rank-and-file take steps to defend an incumbent, while in others they defect and refrain from suppressing popular protest? What are the institutional legacies of the military's engagement during, and in the immediate aftermath of, mass uprisings? Focusing on these questions, editors Holger Albrecht, Aurel Croissant, and Fred H. Lawson have organized Armies and Insurgencies in the Arab Spring into three sections. The first employs case studies to make comparisons within and between regions; the second examines military engagements in the Arab uprisings in Yemen, Bahrain, and Syria; and the third looks at political developments following the cresting of the protest wave in Egypt, Tunisia, Libya, and the Gulf. The collection promotes better understanding not only of the particular history of military engagement in the Arab Spring but also of significant aspects of the transformation of political-military relations in other regions of the contemporary world. Contributors: Holger Albrecht, Risa A. Brooks, Cherine Chams El-Dine, Virginie Collombier, Aurel Croissant, Philippe Droz-Vincent, Kevin Koehler, Fred H. Lawson, Shana Marshall, Dorothy Ohl, David Pion-Berlin, Tobias Selge, Robert Springborg.
Islamic societies of the past have often been characterized as urban, with rural and other extra-urban landscapes cast in a lesser or supporting role in the studies of Islamic history and archaeology. Yet throughout history, the countryside was frequently an engine of economic activity, the setting for agricultural and technological innovation, and its inhabitants were frequently agents of social and political change. The Islamic city is increasingly viewed in the context of long and complex processes of urban development. Archaeological evidence calls for an equally nuanced reading of shifting cultural and religious practices in rural areas after the middle of the seventh century. Landscapes of the Islamic World presents new work by twelve authors on the archaeology, history, and ethnography of the Islamic world in the Middle East, the Arabian Peninsula, and Central Asia. The collection looks beyond the city to engage with the predominantly rural and pastoral character of premodern Islamic society. Editors Stephen McPhillips and Paul D. Wordsworth group the essays into four thematic sections: harnessing and living with water; agriculture, pastoralism, and rural subsistence; commerce, production, and the rural economy; and movement and memory in the rural landscape. Each contribution addresses aspects of extra-urban life in challenging new ways, blending archaeological material culture, textual sources, and ethnography to construct holistic studies of landscapes. Modern agrarian practices and population growth have accelerated the widespread destruction of vast tracts of ancient, medieval, and early modern landscapes, highlighting the urgency of scholarship in this field. This book makes an original and important contribution to a growing subject area, and represents a step toward a more inclusive understanding of the historical landscapes of Islam. Contributors: Pernille Bangsgaard, Karin Bartl, Jennie N. Bradbury, Robin M. Brown, Alison L. Gascoigne, Ian W. N. Jones, Phillip G. Macumber, Daniel Mahoney, Stephen McPhillips, Astrid Meier, David C. Thomas, Bethany J. Walker, Alan Walmsley, Tony J. Wilkinson, Paul D. Wordsworth, Lisa Yeomans.
The study of ancient Greek urbanism has moved from examining the evidence for town planning and the organization of the city-state, or polis, to considerations of «everyday life.» That is, it has moved from studying the public (fortifications, marketplaces, council houses, gymnasiums, temples, theaters, fountain houses) to studying the private (the physical remains of Greek houses). But what of those buildings that housed activities neither public nor private—brothels, taverns, and other homes of illicit activity? Can they be distinguished from houses? Were businesses like these run from homes? Classical Athenian writers attest to a diverse urban landscape that included tenement houses ( sunoikiai ), inns ( diaitai , pandokeia ), factories ( ergasteria ), taverns ( kapelia ), gambling dens ( skirapheia ), training schools ( didaskaleia ), and brothels ( porneia ), yet, despite our knowledge of specific terms, associating them with actual physical remains has not been easy. One such writer, Isaeus, mentions tenement houses that hosted prostitutes and wine sellers, while his contemporary Aeschines refers to doctors, smiths, fullers, carpenters, and pimps renting space. Were tenement houses not simply multi-inhabitant spaces but also multipurpose ones? Houses of Ill Repute is the first book to focus on the difficulties of distinguishing private and semiprivate spaces. While others have studied houses or brothels, this volume looks at both together. The chapters, by leading scholars in the field, address such questions as «What is a house?» and «Did the business of prostitution leave behind a unique archaeological record?» Presenting several approaches to identifying and studying distinctions between domestic residences and houses of ill repute, and drawing on the fields of literature, history, and art history and theory, the volume's contributors provide a way forward for the study of domestic and entertainment spaces in the Hellenic world. Contributors: Bradley A. Ault, Allison Glazebrook, Mark L. Lawall, Kathleen M. Lynch, David Scahill, Amy C. Smith, Monika Trümper, Barbara Tsakirgis.
When Jean-Jacques Dessalines proclaimed Haitian independence on January 1, 1804, Haiti became the second independent republic, after the United States, in the Americas; the Haitian Revolution was the first successful antislavery and anticolonial revolution in the western hemisphere. The histories of Haiti and the early United States were intimately linked in terms of politics, economics, and geography, but unlike Haiti, the United States would remain a slaveholding republic until 1865. While the Haitian Revolution was a beacon for African Americans and abolitionists in the United States, it was a terrifying specter for proslavery forces there, and its effects were profound. In the wake of Haiti's liberation, the United States saw reconfigurations of its geography, literature, politics, and racial and economic structures. The Haitian Revolution and the Early United States explores the relationship between the dramatic events of the Haitian Revolution and the development of the early United States. The first section, «Histories,» addresses understandings of the Haitian Revolution in the developing public sphere of the early United States, from theories of state sovereignty to events in the street; from the economic interests of U.S. merchants to disputes in the chambers of diplomats; and from the flow of rumor and second-hand news of refugees to the informal communication networks of the enslaved. The second section, «Geographies,» explores the seismic shifts in the ways the physical territories of the two nations and the connections between them were imagined, described, inhabited, and policed as a result of the revolution. The final section, «Textualities,» explores the wide-ranging consequences that reading and writing about slavery, rebellion, emancipation, and Haiti in particular had on literary culture in both the United States and Haiti. With essays from leading and emerging scholars of Haitian and U.S. history, literature, and cultural studies, The Haitian Revolution and the Early United States traces the rich terrain of Haitian-U.S. culture and history in the long nineteenth century. Contributors: Anthony Bogues, Marlene Daut, Elizabeth Maddock Dillon, Michael Drexler, Laurent Dubois, James Alexander Dun, Duncan Faherty, Carolyn Fick, David Geggus, Kieran Murphy, Colleen O'Brien, Peter P. Reed, Siân Silyn Roberts, Cristobal Silva, Ed White, Ivy Wilson, Gretchen Woertendyke, Edlie Wong.
The letter is a powerfully evocative form that has gained in resonance as the habits of personal letter writing have declined in a digital age. But faith in the letter as evidence of the intimate thoughts of individuals underplays the sophisticated ways letters functioned in the past. In Cultures of Correspondence in Early Modern Britain leading scholars approach the letter from a variety of disciplinary perspectives to uncover the habits, forms, and secrets of letter writing. Where material features of the letter have often been ignored by past generations fixated on the text alone, contributors to this volume examine how such elements as handwriting, seals, ink, and the arrangement of words on the manuscript page were significant carriers of meaning alongside epistolary rhetorics. The chapters here also explore the travels of the letter, uncovering the many means through which correspondence reached a reader and the ways in which the delivery of letters preoccupied contemporaries. At the same time, they reveal how other practices, such as the use of cipher and the designs of forgery, threatened to subvert the surveillance and reading of letters. The anxiety of early modern letter writers over the vulnerability of correspondence is testament to the deep dependence of the culture on the letter. Beyond the letter as a material object, Cultures of Correspondence sheds light on textual habits. Individual chapters study the language of letter writers to reveal that what appears to be a personal and unvarnished expression of the writer's thought is in fact a deliberate, skillful exercise in managing the conventions and expectations of the form. If letters were a prominent and ingrained part of the cultural life of the early modern period, they also enjoyed textual and archival afterlives whose stories are rarely told. Too often studied only in the case of figures already celebrated for their historical or literary significance, the letter in Cultures of Correspondence emerges as the most vital and wide-ranging material, textual form of the early modern period. Contributors: Nadine Akkerman, Mark Brayshay, Christopher Burlinson, James Daybell, Jonathan Gibson, Andrew Gordon, Arnold Hunt, Lynne Magnusson, Michelle O'Callaghan, Alan Stewart, Andrew Zurcher.
American literary studies has undergone a series of field redefinitions over the past two decades that have been consistently described as «turns,» whether transnational, hemispheric, postnational, spatial, temporal, postsecular, aesthetic, or affective. In Turns of Event , Hester Blum and a splendid roster of contributors explore the conditions that have produced such movements. Offering an overview of the state of the study of nineteenth-century American literature, Blum contends that the field's propensity to turn, to reinvent itself constantly without dissolution, is one of its greatest strengths. The essays in the volume's first half, «Provocations,» trace the theoretical and methodological development and institutional emergence of certain turns, as well as providing calls to arms. The geopolitically oriented turns toward the transnational, hemispheric, and oceanic (whether Atlantic, Caribbean, Pacific, or archipelagic in focus) have held a certain prevalence in American studies in recent years, and the second half of this volume presents a series of scholarly essays that exemplify these subfields. Taken together, these essays survey the field of American literary studies as it moves beyond new historicism as its primary methodology and evolves in light of ideological, conceptual, and material considerations. There is much at stake in these movements: the consequences and opportunities range from citational and evidentiary practices to canon expansion, resource allocation, and institutional futurity. Contributors: Monique Allewaert, Ralph Bauer, Hester Blum, Martin Brückner, Michelle Burnham, Christopher Castiglia, Sean X. Goudie, Meredith L. McGill, Geoffrey Sanborn.