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THE TRADE TRAP

HOW TO STOP DOING BUSINESS WITH DICTATORS

Döpfner issues a sharp warning about the danger of appeasement and charts an alternative path forward.

When high-minded rhetoric about trade meets dictators, the dictators always win.

The idea that trading with a country ruled by a dictator will lead toward democracy has always been flawed. Döpfner, CEO of the Berlin-based Axel Springer SE, a global media and tech company, notes that there is even a common German phrase for it: “wandel durch handel,” meaning “change through trade.” The main problem with this concept is that it does nothing but embolden the dictator. In this book, the author focuses mostly on China, but he also offers plenty of insight on Russia and how the invasion of Ukraine altered the geopolitical landscape. In fact, it was the willingness of Western companies and governments to continue trading with Russia after the takeover of Crimea that made Putin think that there would be no consequences for further aggression. Döpfner notes that the situation with China was even worse, with American and European companies rushing in when China joined the World Trade Organization, willfully ignoring the long catalog of human rights abuses and Xi Jinping’s authoritarian rule. By the time the real costs were realized, there was a high degree of enmeshment—although in the past few years, some companies have started to withdraw. Dictatorships often use the language of free trade while manipulating the rules for their own benefit, and for this reason, Döpfner argues strongly against the WTO, suggesting a new alliance based on the rule of law, human rights, and sustainability measures. Tariffs would be applied to countries that reject these principles. It’s an intriguing idea, but the details would be tricky. The author punctuates the book with accounts of his meetings with leaders such as Putin, Helmut Kohl, and German foreign minister Annalena Baerbock. He presents a clear-minded, thought-provoking book, and he pulls no punches.

Döpfner issues a sharp warning about the danger of appeasement and charts an alternative path forward.

Pub Date: Sept. 19, 2023

ISBN: 9781668016251

Page Count: 208

Publisher: Simon & Schuster

Review Posted Online: June 2, 2023

Kirkus Reviews Issue: July 1, 2023

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ABUNDANCE

Cogent, well-timed ideas for meeting today’s biggest challenges.

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Helping liberals get out of their own way.

Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.

Cogent, well-timed ideas for meeting today’s biggest challenges.

Pub Date: March 18, 2025

ISBN: 9781668023488

Page Count: 320

Publisher: Avid Reader Press

Review Posted Online: Jan. 16, 2025

Kirkus Reviews Issue: Feb. 15, 2025

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THINKING, FAST AND SLOW

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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