February 2015

Is consumer credit growth worth worrying about?

By Thomas A. Durkin

A news release on 6 February 2015 from the Federal Reserve Board, together with a selection of dense numerical tables, showed once again that consumer credit in use has increased over the course of a year. This is the fourth year in a row and the 67th yearly increase in the 69 years since 1945. But does this mean that credit growth is a meaningful worry? Total consumer sector income and total assets have also increased in 67 of the 69 years since World War II.

That’s relativity

By Keith Mansfield

A couple of days after seeing Christopher Nolan’s Interstellar, I bumped into Sir Roger Penrose. If you haven’t seen the movie and don’t want spoilers, I’m sorry but you’d better stop reading now.
Still with me? Excellent. Some of you may know that Sir Roger developed much of modern black hole theory with his collaborator, Stephen Hawking, and at the heart of Interstellar lies a very unusual black hole. Straightaway, I asked Sir Roger if he’d seen the film. What’s unusual about Gargantua, the black hole in Interstellar, is that it’s scientifically accurate.

Strife over strategy: shaping American foreign policy

By Daniel J. Sargent

Last month on Capitol Hill, a tedious slur on Henry Kissinger (“war criminal”) provoked an irate reaction (“low-life scum”). The clash between Senator McCain and the protesters of Code Pink garnered media coverage and YouTube clicks. The Senate’s hearings on national strategy not so much. This is unfortunate.

Another side of Yoko Ono

By Brigid Cohen

The scraps of an archive often speak in ways that standard histories cannot. In 2005, I spent my days at the Paul Sacher Foundation in Basel, a leading archive for twentieth-century concert music, where I transcribed the papers of the German-Jewish émigré composer Stefan Wolpe (1902-1971).

The Grand Budapest Hotel and the mental capacity to make a will

By Martyn Frost

Picture this. A legendary hotel concierge and serial womaniser seduces a rich, elderly, widow who regularly stays in the hotel where he works. Just before her death, she has a new will prepared and leaves her vast fortune to him rather than her family. Wills have always provided the public with endless fascination, and are often the subject of great books and dramas.

How disease names can stigmatize

By Leonard A. Jason

On 10 February 2015, the long awaited report from the Institute of Medicine (IOM) was released regarding a new name — Systemic Exertion Intolerance Disease — and case definition for chronic fatigue syndrome (CFS). Because I was quoted regarding this report in a New York Times article, in part due to having worked on these issues for many years, hundreds of patients contacted me over the next few days.

Education, metaphorically speaking

By Susan Wallace

What do we think education means? What do we believe are teaching’s purpose, status, and function in society? A useful way to reflect on our pre-conceptions and assumptions about anything is to step back and consider the metaphors we automatically apply when thinking or speaking of it. This is a particularly useful exercise for the trainee teacher, who, for obvious reasons, is likely to frame teaching primarily in terms of a performance – one that is observed, analysed, graded and, if all goes well, given the pedagogic equivalent of a five star review.

An interview with the Editors of Global Summitry

Global Summitry is a new journal published by Oxford University Press in association with University of Toronto’s Munk School of Global Affairs and Rotman School of Management. The journal features articles on the organization and execution of global politics and policy.

Trains of thought: Roxana

By Timothy Williamson

Four people with radically different outlooks on the world meet on a train and start talking about what they believe. Their conversation varies from cool logical reasoning to heated personal confrontation. Each starts off convinced that he or she is right, but then doubts creep in. During February, we will be posting a series of extracts that cover the viewpoints of all four characters in Tetralogue. What follows is an extract exploring Roxana’s perspective.

Getting to know Alan Goldberg, Demand Planner

By Alan Goldberg

From time to time, we try to give you a glimpse into our offices around the globe. This week, we are excited to bring you an interview with Alan Goldberg on our Demand Planning team in the New York office. Alan started working at Oxford University Press in March 2014.

Choosing a president in a new democracy: lessons from Eastern and Central Europe

By Csaba Nikolenyi

In his famous statement about the perils of presidentialim, Juan Linz argued that newly emerging democracies ought to avoid adopting a presidential form of government. One of Linz’s reasons had to do with the winner-takes-all-nature of presidential elections.

The 10 best shows for music directors, in no particular order, for several reasons

By Joseph Church

Listing the ten best shows for a music director to work on is as subjective as choosing the ten greatest composers, or painters, or novelists, so it’s worthwhile to stipulate some qualities the winners must have, subjectively speaking. Yet these qualities can only reveal themselves by working through the reasoning of what makes a show a music director’s favorite.

Why green growth?

By Jairam Ramesh

There is universal acknowledgment of the fact that India needs to come back on the path of high economic growth quickly. Although GDP grew at an unprecedented annual average rate of growth of almost 7.7% during the past decade (the highest for any democracy in the world), the last two years have been disappointing.

Fresh Off the Boat and the language of the Asian-American experience

By Sonia Tsuruoka

Fresh Off the Boat, the newest addition to ABC’s primetime lineup, has garnered more than its share of attention in the lead-up to its recent debut: based on restaurateur Eddie Huang’s critically-acclaimed memoir, it’s the first sitcom in 20 years since Margaret Cho’s All-American Girl to feature an Asian-American family at its epicenter, assuming a place among the network’s recent crop of 21st-century family comedies, including Modern Family, Blackish, and Cristela.

5 Guys and a Girl pick their all-time favorite NBA All-Stars

By Ayana Young

As the city buzzes around us in preparation for the 2015 NBA All-Star Weekend, hosted jointly by the New York Knicks and Brooklyn Nets, we caught up with a few of our office’s basketball fans to reflect on their all-time favorite NBA All-Stars — and their entries in the Oxford African American Studies Center. Without further ado, Oxford University Press New York’s 5 Guys and a Girl weigh in

Love stories of America’s founding friends

By Cassandra A. Good

On Valentine’s Day, we usually think of romance and great love stories. But there is another type of love we often overlook: love between friends, particularly between men and women in a platonic friendship. This is not a new phenomenon: loving friendships were possible and even fairly common among elite men and women in America’s founding era.