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In a way, the situation is ironic: housing was at the root of the financial crisis, and six years after the meltdown, housing finance is still the greatest unsolved issue. The U.S. housing market is roughly $10 trillion, making it one of the largest segments of the bond market. Roughly 70 percent of the American population has a mortgage, and for most people, the mortgage is the most important financial instrument in their lives. But until the financial crisis, few people knew the essential role that Fannie Mae and Freddie Mac play in their mortgages. Given the $188 billion government bailout of the two firms the most expensive bailout in history the politics surrounding housing are worse than they've ever been, and the two gigantic firms sit in limbo. Best-selling investigative journalist Bethany McLean, the coauthor of The Smartest Guys in the Room andAll the Devils Are Here, explains why the situation is dangerous and unsustainable, and proposes a few solutions from the perfect, but politically unfeasible to the doable, but ugly.
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The recent crisis in the world of antiquities collecting has prompted scholars and the general public to pay more attention than ever before to the archaeological findspots and collecting histories of ancient artworks. This new scrutiny is applied to works currently on the market as well as to those acquired since (and despite) the 1970 UNESCO Convention, which aimed to prevent the trafficking in cultural property. When it comes to famous works that have been in major museums for many generations, however, the matter of their origins is rarely considered. Canonical pieces like the Barberini Togatus or the Fonseca bust of a Flavian lady appear in many scholarly studies and virtually every textbook on Roman art. But we have no more certainty about these works' archaeological contexts than we do about those that surface on the market today. This book argues that the current legal and ethical debates over looting, ownership and cultural property have distracted us from the epistemological problems inherent in all (ostensibly) ancient artworks lacking a known findspot, problems that should be of great concern to those who seek to understand the past through its material remains.
Describes the causes of earthquakes and what happens when they occur.
In this sobering book, John Nance offers a dramatic account of the major earthquake in Alaska in 1964 and describes other massive quakes. He gives a gripping, nontechnical presentation of what is being done about scientific earthquake prediction. 8 pages of photos.
Although most Americans associate earthquakes with California, the tremors that shook the Mississippi valley in southeast Missouri from December 16, 1811, through February 7, 1812, are among the most violent quakes to hit the North American continent in recorded history. Collectively known as the New Madrid earthquakes, these quakes affected more than 1 million square miles. By comparison, the 1906 San Francisco earthquake affected only 60,000 square miles, less than one-sixteenth the area of the New Madrid earthquakes. Scientists believe that each of the three greatest tremors would have measured more than 8.0 on the Richter scale, had that measuring device been in place in 1811. Vibrations were felt from the Rocky Mountains to the Atlantic coast and from Mexico to Canada. The quake zone was in constant movement during this period. Five towns in three states disappeared, islands vanished in the Mississippi River, lakes formed where there had been none before, and the river flowed backward for a brief period. Providing eyewitness accounts from people both on the land and on the river, Bagnall captures the fears of the residents through their tales about the smells and dark vapors that filled the air, the cries of the people, the bawling of animals, and the constant roar of the river and its collapsing banks. On Shaky Ground also traces the history of the founding of New Madrid and considers the impact of the earthquakes on population and land in southeast Missouri. Predictions for future earthquakes along the New Madrid fault, as well as instructions on preparing for and surviving a quake, are also included. Informative, clearly written, and well illustrated, On Shaky Ground will be of interest to all general readers, especially those interested in earthquakes or Missouri history.
New ways to heal the spirit during the most challenging times. Traci Rhoades, author of Not All Who Wander (Spiritually) Are Lost, continues to find profound beauty and endless insights in her spiritual wanderings among church traditions. In this new book, Rhoades encourages readers to explore practices – some ancient and others unconventional – that offer solace for those times when ‘the bottom drops out.’ Sharing what she’s learned about God, Rhoades shakes off the limits of denominational boundaries, making this book particularly valuable for younger Christians or those who are longing to take a deeper dive into their faith.
A “gripping” look at the massive disasters that could strike at any moment, from a New York Times–bestselling author (San Francisco Examiner-Chronicle). Far beneath the earth’s surface, great tectonic plates grind against one another with incredible pressure that must—inevitably—be released. Earthquakes manifest with little warning, upending buildings, shattering infrastructure, and unleashing devastating tsunamis. In this remarkable survey of the history of seismology and the extraordinary seismic events that have occurred in the United States, Mexico, China, and other locales, author John J. Nance traces the discoveries of the scientists who have dedicated their lives to understanding and predicting one of the deadliest threats known to mankind. From the Pacific Northwest to the Midwest and the East Coast, most of the United States—not just California—is in danger of a massive quake, and few citizens are adequately prepared. Through riveting firsthand interviews with earthquake survivors, and with the same command of technical detail and gripping style that he brings to his New York Times–bestselling thrillers, Nance demonstrates the need for readiness—because the next big quake could happen tomorrow.
We often forget that the ground can move, and when it does, all we can do is hang on for dear life. Brimming with engaging facts and detailed illustrations, this book outlines an impressive array of earthquake related topics. Readers will learn about measuring earthquakes, earthquake-proofing in modern buildings, and the details of some of the worst earthquakes in history.
Building with earthquakes is a familiar yet persistent design problem for resilient construction on all continents. This book elaborates on various factors for earthquake-resilient architecture in six thematic chapters that explore the design strategies of lightness, quickness, exactitude, visibility, multiplicity and consistency. These factors allow designers to develop contextual solutions that marry technical know-how with social and cultural understanding, ranging in scale from buildings to furniture and urban master plans. 120 case studies from roughly 30 countries, including some highly prestigious buildings, provide a comprehensive overview of the different design strategies.