Not without flaws but still an important work on the origins of capitalism.
A study of the long and deep influence of religion on economic thought and policy in the West, especially in the U.S.
Following in the footsteps of Max Weber and R.H. Tawney (from whom he takes his title), Friedman, a professor of political economy at Harvard, deepens the case that throughout modern history in the West, religious thought and economic policy have been reciprocally enmeshed. From the birth of serious economic thinking in the 18th century, questions of virtue and morality inescapably infused thought about wealth, poverty, commerce, and industry. At the same time, religious leaders preached about people’s obligations regarding earning, saving, using money wisely, and thinking about wealth in moralistic terms. The author sets his story in its full historical context, with the economic and theological principles of the leading characters not disembodied or isolated from life. Adam Smith, responsible for “an astonishing intellectual breakthrough,” is Friedman’s leading figure, but many others, some little known (Daniel Raymond, Shailer Mathews), populate his pages. Turning to the U.S., the author argues that the breakup of religious thought and practice into old-style Calvinist ideas and evangelical enthusiasm have led to many of today’s political and economic predicaments. Few readers will fail to come away convinced of Friedman’s strong central thesis, but there are omissions. Friedman, a noted economist, strangely devotes more ink to religious thought than to economic principles, and aside from late-in-the-book appearances by Friedrich Hayek and William F. Buckley Jr., this is a history of the rise of Protestant religion in relation to capitalism. We learn nothing of Jewish or Catholic thinkers or economists, especially curious given the author’s attention to the U.S. If this is really a Protestant story, what does it tell us? Friedman doesn’t say, but he does provide solid points of departure for further scholarly investigation.
Not without flaws but still an important work on the origins of capitalism.Pub Date: Jan. 26, 2021
ISBN: 978-0-593-31798-3
Page Count: 544
Publisher: Knopf
Review Posted Online: Sept. 9, 2020
Kirkus Reviews Issue: Oct. 1, 2020
Some of Avant’s mantras are overstated, but her book is magnanimous, inspiring, and relentlessly optimistic.
Memories and life lessons inspired by the author’s mother, who was murdered in 2021.
“Neither my mother nor I knew that her last text to me would be the words ‘Think you’ll be happy,’ ” Avant writes, "but it is fitting that she left me with a mantra for resiliency.” The author, a filmmaker and former U.S. Ambassador to the Bahamas, begins her first book on the night she learned her mother, Jacqueline Avant, had been fatally shot during a home invasion. “One of my first thoughts,” she writes, “was, ‘Oh God, please don’t let me hate this man. Give me the strength not to hate him.’ ” Daughter of Clarence Avant, known as the “Black Godfather” due to his work as a pioneering music executive, the author describes growing up “in a house that had a revolving door of famous people,” from Ella Fitzgerald to Muhammad Ali. “I don’t take for granted anything I have achieved in my life as a Black American woman,” writes Avant. “And I recognize my unique upbringing…..I was taught to honor our past and pay forward our fruits.” The book, which is occasionally repetitive, includes tributes to her mother from figures like Oprah Winfrey and Bill Clinton, but the narrative core is the author’s direct, faith-based, unwaveringly positive messages to readers—e.g., “I don’t want to carry the sadness and anger I have toward the man who did this to my mother…so I’m worshiping God amid the worst storm imaginable”; "Success and feeling good are contagious. I’m all about positive contagious vibrations!” Avant frequently quotes Bible verses, and the bulk of the text reflects the spirit of her daily prayer “that everything is in divine order.” Imploring readers to practice proactive behavior, she writes, “We have to always find the blessing, to be the blessing.”
Some of Avant’s mantras are overstated, but her book is magnanimous, inspiring, and relentlessly optimistic.Pub Date: Oct. 17, 2023
ISBN: 9780063304413
Page Count: 288
Publisher: HarperOne
Review Posted Online: Aug. 17, 2023
Kirkus Reviews Issue: Sept. 15, 2023
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...
A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.
The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.
Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.Pub Date: Nov. 1, 2011
ISBN: 978-0-374-27563-1
Page Count: 512
Publisher: Farrar, Straus and Giroux
Review Posted Online: Sept. 3, 2011
Kirkus Reviews Issue: Sept. 15, 2011
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