by Bina Venkataraman ‧ RELEASE DATE: Aug. 27, 2019
A timely reminder that time is not on our side without long-term thinking.
A former Obama administration senior climate policy adviser urges that we adjust our sights to take in a longer view.
“A good forecast, it turns out, is not the same as good foresight,” writes Venkataraman (Science, Technology, and Society/MIT), who observes that modern humans do not often take the time to look at the ramifications of the decisions we make outside of their immediate effects. So it is that corporations look to the next quarter and not the next century and retirement catches so many people financially unprepared. And so it is, in a pointed lesson that the author offers early on, that we continue to build our homes and cities in hurricane- and flood-prone areas without adequately preparing for the eventuality, underinsured and underprotected. “The choices we make today shape tomorrow’s so-called natural disasters,” adding that it might drive the point home better if weather forecasters would include images of the effects of past disasters when they’re predicting a storm. It’s understandable that we have a bias for the present, or what the film director Wim Wenders calls the “monopoly of the visible,” but our failure to examine the implications of our actions is having all kinds of effects. One is the near collapse of our fisheries, which is one of Venkataraman’s case studies, and the persistent eruptions of the Ebola virus, which the author considers a prime example of what historian Barbara Tuchman called “marches of folly,” on a par with the Trojan horse and the American misadventure in Vietnam: “Societies and leaders of each era knew better but acted as if ignorant.” Habitat destruction, extinction, continuing climate change leading to an uninhabitable Earth—such are the results of the short term. To counter our patterns of thinking and doing, the author closes with prescriptions including such things as finding “immediate rewards for future goals” and weaning ourselves from the desire for instant gratification in favor of “fighting for greater foresight in society."
A timely reminder that time is not on our side without long-term thinking.Pub Date: Aug. 27, 2019
ISBN: 978-0-7352-1947-2
Page Count: 336
Publisher: Riverhead
Review Posted Online: May 11, 2019
Kirkus Reviews Issue: June 1, 2019
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by Abhijit V. Banerjee & Esther Duflo ‧ RELEASE DATE: Nov. 12, 2019
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.
“Quality of life means more than just consumption”: Two MIT economists urge that a smarter, more politically aware economics be brought to bear on social issues.
It’s no secret, write Banerjee and Duflo (co-authors: Poor Economics: A Radical Rethinking of the Way To Fight Global Poverty, 2011), that “we seem to have fallen on hard times.” Immigration, trade, inequality, and taxation problems present themselves daily, and they seem to be intractable. Economics can be put to use in figuring out these big-issue questions. Data can be adduced, for example, to answer the question of whether immigration tends to suppress wages. The answer: “There is no evidence low-skilled migration to rich countries drives wage and employment down for the natives.” In fact, it opens up opportunities for those natives by freeing them to look for better work. The problem becomes thornier when it comes to the matter of free trade; as the authors observe, “left-behind people live in left-behind places,” which explains why regional poverty descended on Appalachia when so many manufacturing jobs left for China in the age of globalism, leaving behind not just left-behind people but also people ripe for exploitation by nationalist politicians. The authors add, interestingly, that the same thing occurred in parts of Germany, Spain, and Norway that fell victim to the “China shock.” In what they call a “slightly technical aside,” they build a case for addressing trade issues not with trade wars but with consumption taxes: “It makes no sense to ask agricultural workers to lose their jobs just so steelworkers can keep theirs, which is what tariffs accomplish.” Policymakers might want to consider such counsel, especially when it is coupled with the observation that free trade benefits workers in poor countries but punishes workers in rich ones.
Occasionally wonky but overall a good case for how the dismal science can make the world less—well, dismal.Pub Date: Nov. 12, 2019
ISBN: 978-1-61039-950-0
Page Count: 432
Publisher: PublicAffairs
Review Posted Online: Aug. 28, 2019
Kirkus Reviews Issue: Sept. 15, 2019
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More About This Book
SEEN & HEARD
by Sophia Amoruso ‧ RELEASE DATE: May 6, 2014
Career and business advice for the hashtag generation. For all its self-absorption, this book doesn’t offer much reflection...
A Dumpster diver–turned-CEO details her rise to success and her business philosophy.
In this memoir/business book, Amoruso, CEO of the Internet clothing store Nasty Gal, offers advice to young women entrepreneurs who seek an alternative path to fame and fortune. Beginning with a lengthy discussion of her suburban childhood and rebellious teen years, the author describes her experiences living hand to mouth, hitchhiking, shoplifting and dropping out of school. Her life turned around when, bored at work one night, she decided to sell a few pieces of vintage clothing on eBay. Fast-forward seven years, and Amoruso was running a $100 million company with 350 employees. While her success is admirable, most of her advice is based on her own limited experiences and includes such hackneyed lines as, “When you accept yourself, it’s surprising how much other people will accept you, too.” At more than 200 pages, the book is overlong, and much of what the author discusses could be summarized in a few tweets. In fact, much of it probably has been: One of the most interesting sections in the book is her description of how she uses social media. Amoruso has a spiritual side, as well, and she describes her belief in “chaos magic” and “sigils,” a kind of wishful-thinking exercise involving abstract words. The book also includes sidebars featuring guest “girlbosses” (bloggers, Internet entrepreneurs) who share equally clichéd suggestions for business success. Some of the guidance Amoruso offers for interviews (don’t dress like you’re going to a nightclub), getting fired (don’t call anyone names) and finding your fashion style (be careful which trends you follow) will be helpful to her readers, including the sage advice, “You’re not special.”
Career and business advice for the hashtag generation. For all its self-absorption, this book doesn’t offer much reflection or insight.Pub Date: May 6, 2014
ISBN: 978-0-399-16927-4
Page Count: 256
Publisher: Portfolio
Review Posted Online: June 22, 2014
Kirkus Reviews Issue: July 15, 2014
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