Tag Archives: VSI

BOOK: “Mathematical Finance: A Very Short Introduction” by Mark H. A. Davis

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Mathematical Finance: A Very Short Introduction (Very Short Introductions)Mathematical Finance: A Very Short Introduction by Mark H.A. Davis
My rating: 4 of 5 stars

Publisher Site – OUP

This is Oxford University Press’s Very Short Introduction to the field of the “Quants,” individuals who apply mathematics to questions of how to value financial assets and assess risks. The book begins by laying out how banking and financial markets work, then discusses how interest rates are determined, and then explores the quantification of various risks faced by lenders. The book finishes by discussing how the 2008 financial crisis impacted the field and how it operates in the wake of that event. (The 2008 crisis was described in an intriguing fashion in the book and movie The Big Short. It basically resulted from deceptive grading of mortgage-backed securities such that investors who thought they had the ultimate default-proof asset in fact had assets that not only could collapse, but — in fact — were bound to.)

Even though this book is a concise introduction, it shouldn’t be confused for a simple guide. It is not only mathematically intense but also jargon dense. It’s not a complete waste for someone without any advanced mathematics and / or economics / finance background to read, but there will be large patches that will likely be lost on one. (And if you’re not at all used to reading scholarly writing, it may be excessively daunting.)

If you want a quick guide to the field of quantitative finance, and you have an understanding of the mathematical notation used in calculus and statistics, I’d recommend this book. If you are interested in the topic but aren’t at all mathematical, you might start elsewhere (the aforementioned, The Big Short, might be a good place.)

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BOOKS: “Violence: A Very Short Introduction” by Philip Dwyer

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Violence: A Very Short Introduction (Very Short Introductions)Violence: A Very Short Introduction by Philip Dwyer
My rating: 4 of 5 stars

Publisher Site – Oxford University Press

This is a brief overview of various types of violence, starting with the question of what counts as violence. The book explores violent acts carried out by individuals, mobs, movements, governments, and religions. It reflects upon how the nature of violence has changed over the centuries while hinting at potential reasons for said changes (along with counterarguments.)

This book raised some provocative questions, such as: Why would people go to watch executions? Does Steven Pinker’s hypothesis that humanity is becoming less violent hold water? [Pinker made this argument in his book The Better Angels of Our Nature, but it has been refuted on number of grounds — definitional, methodological, etc. Though Dwyer only briefly touches on Pinker’s book and its critics in this book and a detailed critique will require looking elsewhere.] How (and why) do violent tendencies vary across cultures. And, when and how did governments end up with a monopoly on legitimate use of force.

I found this book interesting and informative and would recommend it for those looking for answers as to why and how our species is so violent.

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BOOKS: “The Cultural Revolution: A Very Short Introduction” by Richard Curt Kraus

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The Cultural Revolution: A Very Short IntroductionThe Cultural Revolution: A Very Short Introduction by Richard Curt Kraus
My rating: 4 of 5 stars

Publisher Site – OUP

The decade-long Cultural Revolution in China is generally looked upon as a bleak time and place to be alive. This brief guide reflects on the political, economic, and cultural dimensions of Mao’s attempt to root out capitalist and middle-class influence from Chinese society. The book also reflects upon other events in China during the period (e.g. detente) and how they related to the Cultural Revolution. It also explores how China came out of the Cultural Revolution.

The author makes efforts to be diplomatic and evenhanded about the event. Some readers will find this beneficial to their purposes and may even see the occasional glimmer of a bright side to a dismal period in human history. However, one should not expect to gain any visceral insight into the sadness and chaos of the era. While there was discussion of not only the end of the Cultural Revolution but what China’s continued path looked like, it didn’t get much into whether there was a long shadow to the revolution and what that shadow might look like.

I found the book informative though there were dimensions into which I would have liked to gain more insight (e.g. it doesn’t go much into the influence on religion, nor on more peripheral arts,) but that’s the challenge of such a concise guide. Also, the author is of a political science background, and this informs what elements are given more or less discussion.

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BOOK: “The Short Story: A Very Short Introduction” by Andrew Kahn

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The Short Story: A Very Short Introduction (Very Short Introductions)The Short Story: A Very Short Introduction by Andrew Kahn
My rating: 4 of 5 stars

Publisher Site – OUP

This guide provides an overview of the short story, particularly literary short stories (though it’s not without mention of genre fiction.) The book is well organized and offers some fascinating food for thought, particularly regarding the psychology of character and the distinctions between short stories and novels. (The former are not to be thought of as pared down versions of the latter.)

I will say that, for a concise introduction, the book does occasionally get into the weeds on specific issues, potentially losing the non-specialist reader who this series is ostensibly geared toward.

I found the book’s organization to be logical and productive to its task. After an introduction that explores the advent and history of the short story, most of the chapters deal with structural or compositional aspects of story, including: openings, voice, setting, plot, irony / reversal, and endings. One chapter (Ch. 6) stands out as a bit different in that it zooms in on Chekhov and his influence on the short story as we’ve come to know it. While this could be said to demonstrate the author’s tendency to zoom in the specificity more than is usual for such a guide, I did find the chapter interesting and enlightening.

If one is interested in the short story (as a reader, writer, or both) one will find this guide worth one’s attention.

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BOOKS: “Literary Theory: A Very Short Introduction” by Jonathan Culler

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Literary Theory: A Very Short IntroductionLiterary Theory: A Very Short Introduction by Jonathan D. Culler
My rating: 4 of 5 stars

Publisher site – OUP

This brief guide tries to bring some clarity to the question of what literary theory is, a question which is a great deal more convoluted that it is in science (or even the social sciences) where the scientific method shapes our understanding of the term. Often when one hears about literary theory it’s in the context of Marxists, Feminists, or Psychoanalysts, and one might be forgiven for wondering whether those scholars don’t have a discipline of their own (not to mention how much can a Marxist – for example – illuminate The Little Prince or the poetry of Li Bai.)

I thought the book was well-arranged to shed as much light on the topic as possible. Of its nine chapters, the first two explore competing ideas of what constitutes “theory” and “literature,” respectively. There is a chapter (Ch.3) that distinguishes the field from the overlapping discipline of cultural studies. The remaining six chapters cover topical components of the field, including: language / meaning, rhetoric / poetics, story, performative language, identity, ethics, and aesthetics.

This book does a good job of offering some clarity and has a sense of humor as it does so (notably through satirical cartoons that illustrate the book.) If you’re looking for a layman’s guide to the subject, this one is readable and insightful.

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BOOKS: “Magic: A Very Short Introduction” by Owen Davies

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Magic: A Very Short IntroductionMagic: A Very Short Introduction by Owen Davies
My rating: 5 of 5 stars

Publisher Site – OUP

The first thing that a potential reader should be aware of is that this book isn’t about stage magic or sleight of hand, and that form of magic — in which all parties are aware that techniques are being used to exploit perceptual limitations so as to create the illusion of a supernatural occurrence — doesn’t even really come up as an aside. This book is about magic that (at least some) people believe is a demonstration of actual supernatural happenings in the world.

The book looks at the topic largely from a historical viewpoint; though special emphasis is given to the relationship between religion and magic, in both its congruous and adversarial aspects. That said, for the most part, it’s not arranged historically but rather topically. It does have one chapter on historical perspectives (ch. 3) and one that addresses the ways and degrees to which magical thinking still exists in the modern world (ch. 6.) But it also has chapters on the anthropology of magic (ch.1,) the shifting landscape of thinking about what magic actually is (given that it’s clearly something to many people but isn’t likely the actual exploitation of loopholes in the laws governing the physical world that believers feel it to be — ch. 3,) the role of language in magic (ch. 4,) and the practices of magic (ch. 5.)

The book does focus heavily on the Abrahamic world (Judeo-Christian-Islamic) and its Janus-faced relation to magic over time, but not exclusively so. It brings in African, Chinese, Caribbean, and Native American traditions here and there as well.

I found this book interesting and thought-provoking and would highly recommend it for anyone looking to gain a better insight into how humanity has thought about magic over time and how those beliefs have aligned – or conflicted with – religious beliefs and practices.

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BOOKS: “American Intellectual History: A Very Short Introduction” by Jennifer Ratner-Rosenhagen

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American Intellectual History: A Very Short Introduction (Very Short Introductions)American Intellectual History: A Very Short Introduction by Jennifer Ratner-Rosenhagen


Publisher Site – OUP

This is a brief guide to the philosophies and major developments in United States’ academia from pre-colonial times to the 1990’s. But both of those end points require a bit of clarification. The discussion of pre-colonial scholarly history is largely a mea culpa for beginning with colonial history because Native American tribes weren’t big on recording their philosophical and other scholastic ideas in writing. There is an appendix that discusses America scholarship in the era of globalization (and beyond.) My point is that if you’re hoping for discussion of what’s happened in the last couple decades, you won’t find it herein. (There are a few bibliographic references from the 2010’s, but that’s it.) It is a history book, but some readers may be curious because there’s been a lot of talk of late about issues related to scholarship in America.

Overall, I believe the book covered the topic solidly. There is considerable discussion of the debates triggered by the ideas of Charles Darwin arriving on American shores. As one would expect, there is also quite a bit of discussion of Transcendentalism and Pragmatism, two philosophies closely associated with America. The author covered a wide swath of ground including both progressive and conservative thinkers and viewpoints. One conspicuous absence was any mention of Objectivism / Ayn Rand. I know that isn’t a popular topic in academic circles and is widely dismissed with contempt, but on the grounds of: a.) Objectivism’s considerable influence (e.g. we had a Federal Reserve Chairman – Alan Greenspan – who served almost 20 years under both Republican and Democratic Presidents who was from that school of thought,) b.) its distinctive Americanness, I’m shocked that it didn’t merit at least a sentence or any mention of a book in the bibliography.

All in all, it’s an interesting book that offers unique insight into the history of the United States.

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BOOKS: “Linguistics: A Very Short Introduction” by P.H. Matthews

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Linguistics: A Very Short IntroductionLinguistics: A Very Short Introduction by P.H. Matthews
My rating: 4 of 5 stars

Publisher Site – OUP

This book offers an overview of the territory studied by the discipline of linguistics, from general topics such as what a language is and what distinguishes human language through more technical and scientific subjects such as the nature of vocal sound and the role of the brain in language.

It introduced me to some interesting ideas that I hadn’t previously given much thought, such as: the importance of redundancy in language, the idea that a word can’t necessarily be thought of as simply a label put on a pre-existing notion or thing, the question of whether language developed once or multiple times (independently,) how languages are learned, and how speaking influences thinking and vice versa.

Until the penultimate chapter (Ch. 8 – “Sounds”) I felt the book was doing a fine job of sticking to the basics, being interesting but not obscure. The “Sounds” chapter seemed to get more into the weeds than the rest (but, I’ll concede, it may have been part my relative interest in the topic, your results may vary.)

The book, like others in the series, has a few monochrome graphics as well as a “Further Reading” section.

If one is looking for a broad introduction to linguistics, I’d recommend this as a fine place to start.

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BOOKS: “Southeast Asia: A Very Short Introduction” by James R. Rush

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Southeast Asia: A Very Short Introduction (Very Short Introductions)Southeast Asia: A Very Short Introduction by James R. Rush
My rating: 4 of 5 stars

Publisher Site

I’ve been to most of the eleven countries of Southeast Asia, but still my questions are many. This short guide answered some of them. The book takes a largely historical approach, breaking the timeline into periods during which these countries were pre-nation-state kingdoms, then colonies, and then independent countries. While the guide is written by a historian and is organized by governance (i.e. who won the wars,) it does not solely address politics and regimes.

The guide also explores subjects such as religion. This was fortunate for me because a lot of my questions involve this topic. Why is the northern part of the region mostly Buddhist while the southern part is mostly Muslim? Why did Hinduism and other Indian religions (not inclusive of Buddhism, which virtually died out within India) almost entirely give way to other religions in this area, except for spotty exceptions (most notably Bali?) Incidentally, the former question is answered more than the latter, which makes sense as this is small book for a relatively large area, but more importantly for a long history. Southeast Asia has been a strategically and economically important place for centuries.

As a traveler, I found this book well worth reading as a way to gain insight into the region. It doesn’t dive deep into cultural questions (except a bit into religion,) and so there is much more to learn from other books. It does explore who governed these countries and how, and the last chapter brings the question up to date — reflecting on the political and economic changes in the last couple decades. If you’re curious to know more about Southeast Asia, in a way that doesn’t get too deep in the minutiae, this book is worth checking out.


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BOOKS: “Translation: A Very Short Introduction” by Matthew Reynolds

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Translation: A Very Short Introduction (Very Short Introductions)Translation: A Very Short Introduction by Matthew Reynolds
My rating: 5 of 5 stars

Publisher’s Site

Language translation is one of those tasks that people take for granted is a straightforward endeavor — especially in the current era in which computers are starting to do a decent job of it. It turns out that translation isn’t at all straightforward, and a number of tradeoffs must be addressed through the act of translating — e.g. should one try to convey the original author’s meaning as closely as possible or should one make the writing as approachable and comprehensible to the readership as possible? This might seem like a false dichotomy, but because languages never map perfectly to each other and reflect differing worldviews, there is always some degree of trade-off necessary.

Reynolds addresses not only cases from literature, but also shows the role that translation (and mistranslation) can play in the legal, political, and business domains as well. I found this book to be interesting and useful in providing food-for-thought on the subject. It is particularly illuminating in its discussion of how translation is changing in an era of AI, and how profound an effect this will have on our future. (e.g. People worry about the death of languages with small followings, but if automated translation becomes cheap and ubiquitous, will the pressure to focus one’s efforts on one of the world’s major languages remain?)

If you are interested in issues of language translation, this is a fine book with which to begin one’s exploration.

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