Book Bits: 19 March 2022

The Bond King: How One Man Made a Market, Built an Empire, and Lost It All
Mary Childs
Review via The Wall Street Journal
“The Bond King” titillates with its subtitle: “How One Man Made a Market, Built an Empire, and Lost It All.” But Wall Street has a slightly different recollection of Bill Gross, co-founder, in 1971, of Pimco, the giant California money management firm. Closer to the plain truth might be: “How One Man Reimagined a Market, Built a Business, Got Rich, and Stayed Rich.” Mr. Gross, 77, was the chief investment brain, public voice and institutional face of Pimco until his exasperated partners gave him the gate in 2014.

Risky Cities: The Physical and Fiscal Nature of Disaster Capitalism
Albert S. Fu
Summary via publisher (Rutgers U. Press)
Over half the world’s population lives in urban regions, and increasingly disasters are of great concern to city dwellers, policymakers, and builders. However, disaster risk is also of great interest to corporations, financiers, and investors. Risky Cities is a critical examination of global urban development, capitalism, and its relationship with environmental hazards. It is about how cities live and profit from the threat of sinkholes, garbage, and fire. Risky Cities is not simply about post-catastrophe profiteering. This book focuses on the way in which disaster capitalism has figured out ways to commodify environmental bads and manage risks.

Pay Up: The Future of Women and Work (and Why It’s Different Than You Think)
Reshma Saujani
Q&A with author via The Washington Post Magazine
Q: You argue in your new book that the pandemic exposed all the hidden work, domestic work, done by women, and that we now have this once-in-a-generation opportunity to change that.
A: Covid blew the doors off recognizing that workplaces have never been built for [working mothers] — and 86 percent of women in the workforce will, at some time, be a mother. And we’ve always been operating on this proverbial seesaw — balancing our home life, balancing our career life. Always trying to shrink ourselves to fit in.

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