A book that will undoubtedly stir discussion—as many of Cowen’s books do—with readers divided about how they stand based on...
An influential economist seeks to persuade readers that American citizens have gotten overly complacent, that a crisis point is near, and that a widespread rebellion may alter the existing order.
Using data from a variety of sources, extrapolating from that data, and mixing in large dollops of admitted speculation, Cowen (Chair, Economics/George Mason Univ.; Average Is Over: Powering America Beyond the Age of the Great Stagnation, 2013, etc.) claims that the population at large is resisting changes in the economy that could improve the social order. The author, who runs Marginal Revolution, “the “most-read economics blog worldwide,” divides the population into three complacent categories: “The Privileged Class,” who are comfortable and usually wealthy; “Those Who Dig In,” roughly equivalent to the traditional middle class; and “Those Who Got Stuck,” who, Cowen maintains, have pretty much given up trying to rise economically and socially (many were never given the chance to do so). The author focuses on a variety of issues, including the downturn in Americans moving to different regions to seek improvement, increased racial and/or ethnic segregation, decreased innovation in the business sector, stagnation within pop culture, and failure to challenge authority in an organized manner. As he builds his argument against complacency, Cowen regularly employs metaphors and analogies that help illuminate his positions; he is a skilled stylist and polished debater. In the final analysis, though, whether he is persuasive will depend heavily on how willing readers will be to accept sweeping generalizations about the American populace. In conclusion, Cowen describes how a dynamic society should look and feel, and then he shifts his pessimism about the present to a sort of ersatz optimism about the future, when current structures collapse and chaos improves American democracy.
A book that will undoubtedly stir discussion—as many of Cowen’s books do—with readers divided about how they stand based on where they currently sit.Pub Date: Feb. 28, 2017
ISBN: 978-1-250-10869-2
Page Count: 256
Publisher: St. Martin's
Review Posted Online: Nov. 8, 2016
Kirkus Reviews Issue: Nov. 15, 2016
A Churchill-ian view of native history—Ward, that is, not Winston—its facts filtered through a dense screen of ideology.
Custer died for your sins. And so, this book would seem to suggest, did every other native victim of colonialism.
Inducing guilt in non-native readers would seem to be the guiding idea behind Dunbar-Ortiz’s (Emerita, Ethnic Studies/California State Univ., Hayward; Blood on the Border: A Memoir of the Contra War, 2005, etc.) survey, which is hardly a new strategy. Indeed, the author says little that hasn’t been said before, but she packs a trove of ideological assumptions into nearly every page. For one thing, while “Indian” isn’t bad, since “[i]ndigenous individuals and peoples in North America on the whole do not consider ‘Indian’ a slur,” “American” is due to the fact that it’s “blatantly imperialistic.” Just so, indigenous peoples were overwhelmed by a “colonialist settler-state” (the very language broadly applied to Israelis vis-à-vis the Palestinians today) and then “displaced to fragmented reservations and economically decimated”—after, that is, having been forced to live in “concentration camps.” Were he around today, Vine Deloria Jr., the always-indignant champion of bias-puncturing in defense of native history, would disavow such tidily packaged, ready-made, reflexive language. As it is, the readers who are likely to come to this book—undergraduates, mostly, in survey courses—probably won’t question Dunbar-Ortiz’s inaccurate assertion that the military phrase “in country” derives from the military phrase “Indian country” or her insistence that all Spanish people in the New World were “gold-obsessed.” Furthermore, most readers won’t likely know that some Ancestral Pueblo (for whom Dunbar-Ortiz uses the long-abandoned term “Anasazi”) sites show evidence of cannibalism and torture, which in turn points to the inconvenient fact that North America wasn’t entirely an Eden before the arrival of Europe.
A Churchill-ian view of native history—Ward, that is, not Winston—its facts filtered through a dense screen of ideology.Pub Date: Sept. 16, 2014
ISBN: 978-0-8070-0040-3
Page Count: 296
Publisher: Beacon Press
Review Posted Online: Aug. 17, 2014
Kirkus Reviews Issue: Sept. 15, 2014
BOOK REVIEW
BOOK TO SCREEN
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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