front cover of Dispatches from Moments of Calm
Dispatches from Moments of Calm
Alexander Kluge and Gerhard Richter
Seagull Books, 2019
On October 5, 2012, the German national newspaper Die Welt published its daily issue—but things looked . . . different. Quieter. The sensations of the day, forgotten as soon as they’re read, were missing, replaced with an unprecedented calm, extracted with care from the chaos of the contemporary.

That calm was the work of Gerhard Richter, who had been granted control over Die Welt for that single day, taking over and imprinting all thirty pages of the newspaper with his personal stamp: images from quiet moments amid unquiet times, the demotion of politics from its primary position, the privileging of the private and personal over the public, and, above all, artful, moving contrasts between sharpness and softness. He had created an unprecedented work of mass art.

Among the many people to praise the work was writer Alexander Kluge, who instantly began writing stories to accompany Richter’s images. This book, the second collaboration between Kluge and Richter, brings their stories and images together, along with new words and artworks created specifically for this volume. The result, Dispatches from Moments of Calm, is a beautiful, meditative interval in the otherwise unremitting press of everyday life, a masterpiece by two acclaimed artists working at the height of their powers.
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front cover of International Capital Flows in Calm and Turbulent Times
International Capital Flows in Calm and Turbulent Times
The Need for New International Architecture
Stephany Griffith-Jones, Ricardo Gottschalk, and Jacques Cailloux, Editors
University of Michigan Press, 2003
International Capital Flows in Calm and Turbulent Times analyzes the financial crises of the late 1990s and draws attention to the type of lenders and investors that triggered and deepened the crises. It concentrates on institutional investors and banks and provides detailed analysis of the countries most affected by the 1997-98 Asian financial crisis as well as the Czech Republic and Brazil. It also suggests necessary international financial reforms to make crises less likely.
The book is unique in its scrutiny of the type of lenders and investors that triggered and deepened the crises, focusing particularly on institutional investors and banks; allocation of their assets; the criteria used in this process; and the impact of the nature of the investor on the volatility of different types of capital flow. It addresses such questions as: What determines or triggers massive changes in perceptions and sentiment by different investors and leaders? To what extent does contagion spread not just among countries but between actors? What are the policy implications of this analysis? The book concludes by examining the asymmetries in the financial architecture discussions and implementation and by offering policy proposals.
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