Opportunistic, to be sure, but the authors provide plenty to revel in if you haven’t been keeping up with 10 years of freaky...
The Freakonomics guys return with another kooky and counterintuitive compilation of economic analysis that might appear wildly offbeat but just might be surprisingly spot-on.
It’s been a decade since Levitt and Dubner (Think Like a Freak: The Authors of Freakonomics Offer to Retrain Your Brain, 2014, etc.) first set the thinking world on end with their provocative investigations into the economics of everyday things. In the intervening years, the uncompromising writers have kept their freak flag flying, penning a series of equally challenging blog posts further aimed at discovering the hidden underpinnings of society. Here, the authors bring together a selection of those posts. The format, however, doesn’t always serve the contents. Careening from the oil apocalypse to the benefits of cheating in sports is lots of fun, but the ride can be jarring without a contemplative break in between. In their original form, Levitt and Dubner’s blog posts went off like tiny literary land mines. But they allowed time to think and regroup. Here, they often leave readers feeling like they’re being repeatedly subjected to a series of head-snapping hit-and-runs. Wait. We should allow folks to vote as many times as they like in elections as long as they pay for it? What? Levitt and Dubner’s latest foray is much more successful when it reflects the lively online interactions 10 years of blogging have brought them—e.g., the time they sought out the best aptonyms on the planet and found a dentist named “Chip Silvertooth” and an undertaker named “Eikenberry.” Equally pleasing is their account of the episode in which the Internet deftly managed to turn the tables on the supersavvy economists when they attempted to find and congratulate their 400,000th Twitter follower.
Opportunistic, to be sure, but the authors provide plenty to revel in if you haven’t been keeping up with 10 years of freaky blog posts.Pub Date: May 5, 2015
ISBN: 978-0-06-238532-1
Page Count: 400
Publisher: Morrow/HarperCollins
Review Posted Online: March 31, 2015
Kirkus Reviews Issue: April 15, 2015
For Howard Zinn, long-time civil rights and anti-war activist, history and ideology have a lot in common. Since he thinks that everything is in someone's interest, the historian—Zinn posits—has to figure out whose interests he or she is defining/defending/reconstructing (hence one of his previous books, The Politics of History). Zinn has no doubts about where he stands in this "people's history": "it is a history disrespectful of governments and respectful of people's movements of resistance." So what we get here, instead of the usual survey of wars, presidents, and institutions, is a survey of the usual rebellions, strikes, and protest movements. Zinn starts out by depicting the arrival of Columbus in North America from the standpoint of the Indians (which amounts to their standpoint as constructed from the observations of the Europeans); and, after easily establishing the cultural disharmony that ensued, he goes on to the importation of slaves into the colonies. Add the laborers and indentured servants that followed, plus women and later immigrants, and you have Zinn's amorphous constituency. To hear Zinn tell it, all anyone did in America at any time was to oppress or be oppressed; and so he obscures as much as his hated mainstream historical foes do—only in Zinn's case there is that absurd presumption that virtually everything that came to pass was the work of ruling-class planning: this amounts to one great indictment for conspiracy. Despite surface similarities, this is not a social history, since we get no sense of the fabric of life. Instead of negating the one-sided histories he detests, Zinn has merely reversed the image; the distortion remains.
Pub Date: Jan. 1, 1979
ISBN: 0061965588
Page Count: 772
Publisher: Harper & Row
Review Posted Online: May 26, 2012
Kirkus Reviews Issue: Jan. 1, 1979
BOOK REVIEW
BOOK REVIEW
BOOK REVIEW
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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