Mark W. Geiger, "Floor Rules: Insider Culture in Financial Markets" (Yale UP, 2024)

Mark W. Geiger, "Floor Rules: Insider Culture in Financial Markets" (Yale UP, 2024)

Are financial markets lawless and irrational? It may seem that way from the outside, but for market insiders there are multiples sets of rules that they break at their peril. Official rules set by law or by the exchanges exist alongside unofficial rules, or floor rules. Between these, it is the floor rules -- the norms followed by other insiders -- that matter most. Breaking an official rule might lead to a fine or even jail. Breaking floor rules can lead to being ostracized from markets as well as social and financial ruin. In Floor Rules: Insider Culture in Financial Markets (Yale UP, 2024), Mark W. Geiger tells compelling stories of market disturbances in which insider rules played a key role. He examines the norms, customs, values, and operating modes of insiders at the center of financial markets that trade money, stocks, bonds, futures, and other financial derivatives. These core insiders are a relatively small group who govern the markets. The book tells the riveting story of Benjamin Hutchinson, who made national news for his dramatic 1888 wheat market corner in Chicago, in which he outsmarted four powerful traders who had joined to force him out of the market, survived a life-threatening physical assault on the trading floor, and almost brought down the Chicago wheat market. It also unpacks the LIBOR scandal of 2008 in which bankers in major international firms manipulated interbank loan rates to inflate their own profits at the expense of investors and at tremendous risk to the industry. Geiger analyzes the cultural history of market trading, describes the role of insiders, and suggests where this peculiar, ingrown culture is heading in an era of technological change. The book releases on October 29, the 95th anniversary of the Black Tuesday crash of 1929, the beginning of the Great Depression. Related resources: Mark Geiger's personal website and portfolio of generative AI artwork Author recommended reading: Den of Thieves by James B. Stewart Phishing for Phools: The Economics of Manipulation and Deception by George A. Akerlof and Robert J. Shiller Hosted by Meghan Cochran NOTE: Kluge Fellow at the Library of Congress should have been pronounced with a hard "g" as in kloo-ghee. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

Episoder(1000)

Meredith McCarroll, "Unwhite: Appalachia, Race, and Film" (U Georgia Press, 2018)

Meredith McCarroll, "Unwhite: Appalachia, Race, and Film" (U Georgia Press, 2018)

If you mention Appalachia to many people, they may immediately respond with the "Deliverance" dueling banjos theme. Unfortunately, this is an example of how the region is stereotyped and misunderstood, particularly in films. In her book, Unwhite: Appalachia, Race, and Film(University of Georgia Press, 2018), Meredith McCarroll, Director of Writing and Rhetoric at Bowdoin College, describes Appalachian people as being shown as different from both white and nonwhite groups, often considered as belonging to the worst of each group. Her book discusses specific film examples that help to illustrate the negative connotation heaped upon Appalachia, and also presents where filmmakers treat them more fairly. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

9 Aug 1h 2min

Stuck at Home: Pandemic Immobilities in the Nation of Emigration

Stuck at Home: Pandemic Immobilities in the Nation of Emigration

In this episode, we are joined by Dr Yasmin Ortiga, Associate Professor of Sociology at Singapore Management University, to speak to us about her latest book, Stuck at Home: Pandemic Immobilities in the Nation of Emigration, published by Stanford University Press. Yasmin is mainly interested in how changing ideas about desirable “skill” shape where and why people migrate. This question has led her to study different groups of migrants - from international students to farm workers. She is best known for her research on migrant nurses, one of the most highly regulated professions in the world. She is the author of Emigration, Employability, and Higher Education in the Philippines (2018). Her latest book, Stuck at Home, is a little different in that Yasmin is now focused on the question of how do people NOT move. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

8 Aug 25min

Ayo Wahlberg, "Good Quality: The Routinization of Sperm Banking in China" (U California Press, 2018)

Ayo Wahlberg, "Good Quality: The Routinization of Sperm Banking in China" (U California Press, 2018)

From its crude and uneasy beginnings thirty years ago, Chinese sperm banking has become a routine part of China’s pervasive and restrictive reproductive complex. Today, there are sperm banks in each of China’s twenty-two provinces, the biggest of which screen some three thousand to four thousand potential donors each year. Given the estimated one to two million azoospermic men--those who are unable to produce their own sperm--the demand remains insatiable. China’s twenty-two sperm banks cannot keep up, spurring sperm bank directors to publicly lament chronic shortages and even warn of a national ‘sperm crisis’ (jingzi weiji). Ayo Wahlberg book Good Quality: The Routinization of Sperm Banking in China (U California Press, 2018) explores the issues behind the crisis, including declining sperm quality in the country due to environmental pollution, as well as a chronic national shortage of donors. In doing so, Wahlberg outlines the specific style of Chinese sperm banking that has emerged, shaped by the particular cultural, juridical, economic and social configurations that make up China’s restrictive reproductive complex. Good Quality shows how this high-throughput style shapes the ways in which men experience donation and how sperm is made available to couples who can afford it. Victoria Oana Lupascu is a PhD candidate in dual-title doctoral program in Comparative Literature and Asian Studies at the Pennsylvania State University. Her areas of interest include 20th and 21st Chinese literature and visual art, medical humanities and Global South studies.    Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

8 Aug 1h 12min

Nezar AlSayyad and Heba Safey Eldeen, "Cinematic Cairo: Egyptian Urban Modernity from Reel to Real" (American U in Cairo Press, 2022)

Nezar AlSayyad and Heba Safey Eldeen, "Cinematic Cairo: Egyptian Urban Modernity from Reel to Real" (American U in Cairo Press, 2022)

The relationship between the city and cinema is formidable. The images and sounds of the city found in movies are perhaps the only experience that many people will have of cities they may never visit. Films influence the way we construct images of the world, and accordingly, in many instances, how we operate within it. Cinematic Cairo: Egyptian Urban Modernity from Reel to Real offers a history of Cairo’s urban modernity using film as the primary source of exploration, and cinematic space as both an analytical tool and a medium of critique. Cairo has provided rich subject material for Egypt’s film industry since the inception of the art form at the end of the nineteenth century. The “reel” city—imagined, perceived, and experienced—provides the spatial domain that mirrors change and allows for an interrogation of the “real” city as it encountered modernity over the course of a century.Bringing together chapters by architects and art and literary historians, this volume explores this parallel and convergent relationship through two sections. The first uses films from the 1930s to the end of the twentieth century to illustrate the development of a modern Cairo and its modern subjects. The second section is focused on tracing the transformation of the cinematic city under conditions of neoliberalism, religious fundamentalism, and gender tensions. The result is a comprehensive narrative of the urban modernity of one of the most important cities in the Arab world and Global South. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

8 Aug 1h 8min

Zack Cooper, "Tides of Fortune: The Rise and Decline of Great Militaries" (Yale UP, 2025)

Zack Cooper, "Tides of Fortune: The Rise and Decline of Great Militaries" (Yale UP, 2025)

An ambitious look at how the twentieth century's great powers devised their military strategies and what their implications mean for military competition between the United States and China. How will the United States and China evolve militarily in the years ahead? Many experts believe the answer to this question is largely unknowable. But Zack Cooper argues that the American and Chinese militaries are following a well-trodden path. For centuries, the world's most powerful militaries have adhered to a remarkably consistent pattern of behavior, determined largely by their leaders' perceptions of relative power shifts. By uncovering these trends, this book places the evolving military competition between the United States and China in historical context.  Drawing on a decade of research and on his experience at the White House and the Pentagon, Cooper outlines a novel explanation for how militaries change as they rise and decline. Tides of Fortune examines the paths of six great powers of the twentieth century, tracking how national leaders adjusted their defense objectives, strategies, and investments in response to perceived shifts in relative power. All these militaries followed a common pattern, and their experiences shed new light on both China's recent military modernization and America's potential responses. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

7 Aug 40min

"Age, Creativity and Culture: Reconsideration of how the Phases of Life Influence Knowledge, Experience, and Creation"

"Age, Creativity and Culture: Reconsideration of how the Phases of Life Influence Knowledge, Experience, and Creation"

“Age, Creativity and Culture: Reconsidering how the Phases of Life Influence Knowledge, Experience, and Creation” by Jeffrey Herlihy-Mera appeared in Nuevos Horizontes in 2024. The article examines age as a dimension of identity, creativity and cognition, and in this episode, Heidi Landecker, Samuel Jay Keyser, and Jenny Wilson consider the importance of age in intergenerational relationships. This is the second episode in a series of conversations about how and ageing influence the academy, knowledge, and culture. The first episode is available here. This conversation includes Jeffrey Herlihy-Mera, professor at the University of Puerto Rico-Mayagüez; Heidi Landecker, former Deputy Managing Editor at the Chronicle of Higher Education; Jenny Wilson, a Trustee of the London u3a (university of the 3rd Age) and the Chair of Croydon u3a; and MIT linguist Samuel Jay Keyser; Keyser spent 9 years as associate provost at MIT, and he is the founder and editor of Linguistic Inquiry, housed at MIT Press. This podcast and the Instituto Nuevos Horizontes at the UPR-M have been supported by the Mellon Foundation. Topics mentioned in this conversation include: How are intergenerational relationships important to learning and knowledge? How do these relationships influence cultural transmission, academic institutions, and emotional well-being for both parties? In what ways can institutions of higher education foster more inclusive and respectful intergenerational relationships? Noam Chomsky Mentorship Morris Halle Ivy Cruz Edward Said Teagle Foundation “Cornerstone” STEM to STEAM Essay Contest Robert Jordan in For Whom the Bell Tolls Anne ("Dusty") Mortimer-Maddox Janet Cook Scandal Technology and intergenerational relationships Listener feedback Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

5 Aug 1h 8min

The Social Impact of Automating Translation

The Social Impact of Automating Translation

In this episode of the Language on the Move Podcast, Tazin Abdullah speaks with Dr. Esther Monzó-Nebot, Associate Professor in Translation and Interpreting Studies at Universitat Jaume I in Catalunya. They talk about Dr. Monzó-Nebot's new book The Social Impact of Automating Translation: An Ethics of Care Perspective on Machine Translation. The conversation delves into ideological issues involved in the widespread use of machine translation and the real-life impact for those who may rely on machine translations in various situations. Esther’s research and the wide variety of contributions to the book highlight the need to open a discussion about instilling an ‘ethics of care’ perspective into the use of technology to make AI-generated translations more inclusive and relevant for the communities using them. For additional resources, show notes, and transcripts, go here. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

3 Aug 56min

Anand Pandian, "Something Between Us: The Everyday Walls of American Life, and How to Take Them Down" (Stanford UP, 2025)

Anand Pandian, "Something Between Us: The Everyday Walls of American Life, and How to Take Them Down" (Stanford UP, 2025)

In 2016, Anand Pandian was alarmed by Donald Trump's harsh attacks on immigrants to the United States, the appeal of that politics of anger and fear. In the years that followed, he crisscrossed the country—from Fargo, North Dakota to Denton, Texas, from southern California to upstate New York—seeking out fellow Americans with markedly different social and political commitments, trying to understand the forces that have hardened our suspicions of others. The result is Something Between Us: The Everyday Walls of American Life (Stanford University Press, 2025), and How to Take Them Down, a groundbreaking and ultimately hopeful exploration of the ruptures in our social fabric, and courageous efforts to rebuild a collective life beyond them. The stakes of disconnection have never been higher. From the plight of migrants and refugees to the climate crisis and the recent pandemic, so much turns on the care and concern we can muster for lives and circumstances beyond our own. But as Pandian discovers, such empathy is often thwarted by the infrastructure of everyday American life: fortified homes and neighborhoods, bulked-up cars and trucks, visions of the body as an armored fortress, and media that shut out contrary views. Home and road, body and mind: these interlocking walls sharpen the divide between insiders and outsiders, making it difficult to take unfamiliar people and perspectives seriously, to acknowledge the needs of others and relate to their struggles. Through vivid encounters with Americans of many kinds—including salesmen, truck drivers, police officers, urban planners, and activists for women's rights and environmental justice—Pandian shares tools to think beyond the twists and turns of our bracing present. While our impasses draw from deep American histories of isolation and segregation, he reveals how strategies of mutual aid and communal caretaking can help to surface more radical visions for a life in common with others, ways of meeting strangers in this land as potential kin. Anand Pandian is Krieger-Eisenhower Professor of Anthropology at Johns Hopkins University. Lilian Calles Barger is a cultural, intellectual and gender historian. Her most recent book is entitled The World Come of Age: An Intellectual History of Liberation Theology (Oxford University Press, 2018). Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology

3 Aug 52min

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