by Angus Deaton ‧ RELEASE DATE: Oct. 3, 2023
A self-proclaimed contrarian mixes praise with disappointment to prod his colleagues in a more progressive direction.
A Nobel laureate reports on U.S. economic policy and the state of Anglo-American economics.
A professor of economics emeritus at Princeton and author of Deaths of Despair and the Future of Capitalism, Deaton gathers essays he wrote for Britain’s Royal Economic Society over the last 25 years. One set of essays addresses substantive concerns, including health care policy, inflation and its measurement, global poverty, pensions, wealth and income inequality, and class and generational social disparities. The author casts doubt on the magic of the “free” market and claims that economic thinking is helpful but insufficient given the extent to which it is ignored by policymakers and/or used simply to justify politically determined decisions. The other essays address the economic discipline: professional organizations, journals, core disagreements, and the Nobel Prize. Deaton boldly asks why economists fail to deliver economic policy that reduces inequalities. “We have certainly made too little progress on central policy questions that ought to be amenable to scientific inquiry,” he writes. Internal disagreements, a failure of economists to recognize the political nature of advice-giving, the resistance of elected officials to issues of inequality, and the privileging of capital over labor in conventional economic wisdom stifle economic advice. Deaton bemoans American capitalism with its “government-enabled rent seeking and the destruction supported by the ideology of market fundamentalism.” However, he refuses to abandon mainstream economics, noting that we “need to put the power of competition back in the service of the middle and working classes.” To do so, the discipline must reconnect with its “proper basis, which is the study of human welfare.” Written for non-economists to help them understand “how my profession works,” the book is insufficiently attentive to the differences among and within the field’s academic, policy, and business realms.
A self-proclaimed contrarian mixes praise with disappointment to prod his colleagues in a more progressive direction.Pub Date: Oct. 3, 2023
ISBN: 9780691247625
Page Count: 280
Publisher: Princeton Univ.
Review Posted Online: June 29, 2023
Kirkus Reviews Issue: Aug. 1, 2023
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by Anne Case & Angus Deaton
by Alok Vaid-Menon ‧ RELEASE DATE: June 2, 2020
A fierce, penetrating, and empowering call for change.
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Artist and activist Vaid-Menon demonstrates how the normativity of the gender binary represses creativity and inflicts physical and emotional violence.
The author, whose parents emigrated from India, writes about how enforcement of the gender binary begins before birth and affects people in all stages of life, with people of color being especially vulnerable due to Western conceptions of gender as binary. Gender assignments create a narrative for how a person should behave, what they are allowed to like or wear, and how they express themself. Punishment of nonconformity leads to an inseparable link between gender and shame. Vaid-Menon challenges familiar arguments against gender nonconformity, breaking them down into four categories—dismissal, inconvenience, biology, and the slippery slope (fear of the consequences of acceptance). Headers in bold font create an accessible navigation experience from one analysis to the next. The prose maintains a conversational tone that feels as intimate and vulnerable as talking with a best friend. At the same time, the author's turns of phrase in moments of deep insight ring with precision and poetry. In one reflection, they write, “the most lethal part of the human body is not the fist; it is the eye. What people see and how people see it has everything to do with power.” While this short essay speaks honestly of pain and injustice, it concludes with encouragement and an invitation into a future that celebrates transformation.
A fierce, penetrating, and empowering call for change. (writing prompt) (Nonfiction. 14-adult)Pub Date: June 2, 2020
ISBN: 978-0-593-09465-5
Page Count: 64
Publisher: Penguin Workshop
Review Posted Online: March 14, 2020
Kirkus Reviews Issue: April 1, 2020
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by Shavone Charles ; illustrated by Ashley Lukashevsky
by Leo Baker ; illustrated by Ashley Lukashevsky
by Barack Obama ‧ RELEASE DATE: Nov. 17, 2020
A top-notch political memoir and serious exercise in practical politics for every reader.
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In the first volume of his presidential memoir, Obama recounts the hard path to the White House.
In this long, often surprisingly candid narrative, Obama depicts a callow youth spent playing basketball and “getting loaded,” his early reading of difficult authors serving as a way to impress coed classmates. (“As a strategy for picking up girls, my pseudo-intellectualism proved mostly worthless,” he admits.) Yet seriousness did come to him in time and, with it, the conviction that America could live up to its stated aspirations. His early political role as an Illinois state senator, itself an unlikely victory, was not big enough to contain Obama’s early ambition, nor was his term as U.S. Senator. Only the presidency would do, a path he painstakingly carved out, vote by vote and speech by careful speech. As he writes, “By nature I’m a deliberate speaker, which, by the standards of presidential candidates, helped keep my gaffe quotient relatively low.” The author speaks freely about the many obstacles of the race—not just the question of race and racism itself, but also the rise, with “potent disruptor” Sarah Palin, of a know-nothingism that would manifest itself in an obdurate, ideologically driven Republican legislature. Not to mention the meddlings of Donald Trump, who turns up in this volume for his idiotic “birther” campaign while simultaneously fishing for a contract to build “a beautiful ballroom” on the White House lawn. A born moderate, Obama allows that he might not have been ideological enough in the face of Mitch McConnell, whose primary concern was then “clawing [his] way back to power.” Indeed, one of the most compelling aspects of the book, as smoothly written as his previous books, is Obama’s cleareyed scene-setting for how the political landscape would become so fractured—surely a topic he’ll expand on in the next volume.
A top-notch political memoir and serious exercise in practical politics for every reader.Pub Date: Nov. 17, 2020
ISBN: 978-1-5247-6316-9
Page Count: 768
Publisher: Crown
Review Posted Online: Nov. 15, 2020
Kirkus Reviews Issue: Dec. 15, 2020
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