Harsh Times

The true story of Guatemala’s political turmoil of the 1950s as only a master of fiction can tell it Guatemala, 1954. The military coup perpetrated by Carlos Castillo Armas and supported by the CIA topples the government of Jacobo Árbenz. Behind this violent act is a lie passed off as truth, which forever changes the development of Latin America: the accusation by the Eisenhower administration that Árbenz encouraged the spread of Soviet Communism in the Americas. Harsh Times is a story of international conspiracies and conflicting interests in the time of the Cold War, the echoes of which are still felt today. In this thrilling novel, Mario Vargas Llosa fuses reality with two fictions: that of the narrator, who freely re-creates characters and situations, and the one designed by those who would control the politics and the economy of a continent by manipulating its history. Harsh Times is a gripping, revealing novel that directly confronts recent history. No one is better suited to tell this riveting story than Vargas Llosa, and there is no form better for it than his deeply textured fiction. Not since The Feast of the Goat, his classic novel of the downfall of Trujillo’s regime in the Dominican Republic, has Vargas Llosa combined politics, characters, and suspense so unforgettably.

Clayton Wheat Williams—West Texas oilman, rancher, civic leader, veteran of the Great War, and avocational historian—was a risk taker, who both reflected and molded the history of his region. His life spanned a dynamic period in Texas history when automobiles replaced horse-drawn wagons, electricity replaced steam power in the oilfields, and barren and virtually worthless ranch land became valuable for the oil and gas under its surface. The setting for Williams’s story, like that of his father before him, is Fort Stockton in the rugged Trans-Pecos region of Texas. As a youngster accompanying his father on surveying trips through the land, and subsequently as a cadet at Texas A&M, he developed a toughness that served him well in France and Flanders. His letters home provide an unusually nuanced picture of what life was like for an American officer in Europe during the Great War. After the war, he returned home, where he taught himself petroleum geology—so effectively that he picked the site of what would become in 1928 the deepest producing oil well in the world. With his brother, he mapped the structure of what later became the Fort Stockton oil and gas field, and he went on to hammer out a successful career in the boom and bust cycles of the West Texas oil industry. On the civic front, Williams served for fourteen years as a Pecos County commissioner, and he held offices in a number of social and civic organizations. Imbued with a deep love for the history of his region, he wrote (with the editorial help of historian Ernest Wallace at Texas Tech University) Texas’ Last Frontier: Fort Stockton and the Trans-Pecos, 1861–1895, published by Texas A&M University Press in 1982. Nonetheless, by some of his neighbors he may be best remembered for his role in drying up the town’s famous Comanche Springs by pumping water feeding the spring’s aquifer to irrigate his and others’ farms west of town. Williams left behind a treasure trove of letters, personal papers and writings, and interviews with his family, helping document in rich detail the history of an unforgiving land as well as what life was like during a pivotal period of American history. These materials, which form the core of the present manuscript, reveal a life that made a difference in the economy and history of the region and the nation at large.

Originally published: 2014, as Hard times: the divisive toll of the economic slump.

This work is a collection of pieces as well as a collection of feelings that one can experience when all the securities they hold in life appear to be collapsing before them. When hard work and perseverance no longer seem like enough. When positivity is choking for air in the bowels of overwhelming negativity. When even love seems to no longer have a foot hole. How does one hold on in a society that seems to nurture chaos and stupidity. This work is a hard look of exploration into those questions. Praying for the answers. How can one push through When Hard Times Seep Through To The Soul?

The winners of the Nobel Prize show how economics, when done right, can help us solve the thorniest social and political problems of our day. Figuring out how to deal with today's critical economic problems is perhaps the great challenge of our time. Much greater than space travel or perhaps even the next revolutionary medical breakthrough, what is at stake is the whole idea of the good life as we have known it. Immigration and inequality, globalization and technological disruption, slowing growth and accelerating climate change--these are sources of great anxiety across the world, from New Delhi and Dakar to Paris and Washington, DC. The resources to address these challenges are there--what we lack are ideas that will help us jump the wall of disagreement and distrust that divides us. If we succeed, history will remember our era with gratitude; if we fail, the potential losses are incalculable. In this revolutionary book, renowned MIT economists Abhijit V. Banerjee and Esther Duflo take on this challenge, building on cutting-edge research in economics explained with lucidity and grace. Original, provocative, and urgent, Good Economics for Hard Times makes a persuasive case for an intelligent interventionism and a society built on compassion and respect. It is an extraordinary achievement, one that shines a light to help us appreciate and understand our precariously balanced world.