Books Of Interest: June 23rd, 2014 Newton And State Capitalism

I thought these may be of interest to our readers:

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The Newton Papers: The Strange And True Odyssey Of Isaac Newton’s Manuscripts     Sarah Dry

Sarah Dry’s explores what happened to Newton’s unpublished papers after his death in 1727. He died without leaving a will and subsequently his papers were handed down over three centuries and were kept under wraps, so to speak, because of the incriminating information that was in them. His reputation would have been tarnished because of his intense study of alchemy and his refusal to recognize the Trinity and instead worshiping one God. Ms. Dry shows the fascination that men such as John Maynard Keynes, a British economist as well as Abraham Yahuda, a Jewish rabbinical scholar had with these manuscripts. This looks to be a book that I will have to put on my pile.

 

 

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Reinventing State Capitalism     Aldo Musacchio and Sergio Lazzarini

The authors explore State Operated Enterprises (SOEs) in a detailed quantitative analysis of Brazil from 1976 to 2009. It analyzes the new idea of how state capitalism allow governments to interact with private investors either as majority or minority shareholders in publicly-traded corporations or as financial backers of purely private firms. One of the questions as I read this book is: Is this a reaction to the financial crises of 2008 and should government really be involved in this? According to my reading, there are approximately 20% of companies globally that are in some form or fashion SOE’s. Where is this trend going?

 

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