What We Are Reading Today: The New Journalism, by Tom Wolfe

Updated 17 May 2018
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What We Are Reading Today: The New Journalism, by Tom Wolfe

  • Examining everything from the mind-bending effects of LSD to the optimism of the civil rights movement and the horrors of the Vietnam war, the book provides a unique snapshot of the period. 

On Monday, Tom Wolfe, the American novelist and journalist, died at the age of 88. 

Known for his flamboyant writing style and trademark white suits, Wolfe was one of the last survivors of a pioneering generation of reporters who transformed the landscape of US journalism in the 1960s and 1970s. 

Their work fused the literary techniques of fiction with the more traditional aspects of hard-edged reporting to provide vivid portraits of an era that promised to change the world. 

‘The New Journalism’, an anthology edited by Wolfe, features some of the finest examples of their writing. 

Examining everything from the mind-bending effects of LSD to the optimism of the civil rights movement and the horrors of the Vietnam war, the book provides a unique snapshot of the period. 

Writers included in ‘The New Journalism’ include Truman Capote, Hunter S. Thompson, Norman Mailer, Gay Talese and Joan Didion, as well as Wolfe himself. 

Although their work is often mimicked today, very few contemporary reporters posses the talent and panache of this golden generation.


What We Are Reading Today: Optimal Transport Methods in Economics

Updated 19 August 2018
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What We Are Reading Today: Optimal Transport Methods in Economics

Optimal Transport Methods in Economics is the first textbook on the subject written especially for students and researchers in economics.
Optimal transport theory is used widely to solve problems in mathematics and some areas of the sciences, but it can also be used to understand a range of problems in applied economics, such as the matching between job seekers and jobs, the determinants of real estate prices, and the formation of matrimonial unions.
This is the first text to develop clear applications of optimal transport to economic modeling, statistics, and econometrics, says a review on the Princeton University Press website. It covers the basic results of the theory as well as their relations to linear programming, network flow problems, convex analysis, and computational geometry.
Applications include discrete choice models, models of differential demand, and quantile-based statistical estimation methods, as well as asset pricing models.
Authoritative and accessible, Optimal Transport Methods in Economics also features numerous exercises throughout that help you develop your mathematical agility, deepen your computational skills, and strengthen your economic intuition.