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VALLEY OF THE GODS

A SILICON VALLEY STORY

Nothing surprising but of some interest to business readers and entrepreneurs looking for ways to “disrupt” education.

An account of the rising generation of Silicon Valleyites, who want it all—and then some.

Peter Thiel has made headlines recently for being the only noted tech leader to support the Donald Trump candidacy. He takes center stage in Wall Street Journal reporter Wolfe’s look at a contrarian experiment of his: take the best and the brightest young people—the nerdier the better—have them unlearn any squishy, soft humanities stuff they may have learned in school, keep them out of college, and train them in think tanks and labs to take their places among the “tribe of overage boys” that constitutes the region’s and world’s tech elite. Leading the class of “Asperger’s chic” wunderkinder in this tale is Jonathan Burnham, who arrives at Thiel’s academy with the matter-of-fact assurance that one day soon he is going to mine asteroids. Guided by a right-wing tech blogger code-named Mencius Moldbug—Wolfe likes this factoid enough to repeat it a couple of times—Burnham makes for the perfect Ayn Rand–ian libertarian in the Hobbesian world of the startup. Others in his class are biotech- or business services–inclined, but all promise to become a new kind of entrepreneur for a happy future world. Thiel, a Stanford graduate, insists ironically here that college isn’t for everyone but “made sense for some people—such as for him,” and in the end his promised shake-up of the whole college-to-career model amounts to a kind of yearlong summer camp for the geekily gifted. Wolfe departs from the standard business/human interest narrative template only to the extent that Burnham does, for by the end of the account, he has found a gaping spiritual void in his life that he fills by enrolling in college and reading Shakespeare and Greek literature as a “needed retreat from the madness he’d just experienced out west.”

Nothing surprising but of some interest to business readers and entrepreneurs looking for ways to “disrupt” education.

Pub Date: Jan. 10, 2017

ISBN: 978-1-4767-7894-5

Page Count: 272

Publisher: Simon & Schuster

Review Posted Online: Nov. 8, 2016

Kirkus Reviews Issue: Nov. 15, 2016

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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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REIMAGINING CAPITALISM IN A WORLD ON FIRE

A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.

A well-constructed critique of an economic system that, by the author’s account, is a driver of the world’s destruction.

Harvard Business School professor Henderson vigorously questions the bromide that “management’s only duty is to maximize shareholder value,” a notion advanced by Milton Friedman and accepted uncritically in business schools ever since. By that logic, writes the author, there is no reason why corporations should not fish out the oceans, raise drug prices, militate against public education (since it costs tax money), and otherwise behave ruinously and anti-socially. Many do, even though an alternative theory of business organization argues that corporations and society should enjoy a symbiotic relationship of mutual benefit, which includes corporate investment in what economists call public goods. Given that the history of humankind is “the story of our increasing ability to cooperate at larger and larger scales,” one would hope that in the face of environmental degradation and other threats, we might adopt the symbiotic model rather than the winner-take-all one. Problems abound, of course, including that of the “free rider,” the corporation that takes the benefits from collaborative agreements but does none of the work. Henderson examines case studies such as a large food company that emphasized environmentally responsible production and in turn built “purpose-led, sustainable living brands” and otherwise led the way in increasing shareholder value by reducing risk while building demand. The author argues that the “short-termism” that dominates corporate thinking needs to be adjusted to a longer view even though the larger problem might be better characterized as “failure of information.” Henderson closes with a set of prescriptions for bringing a more equitable economics to the personal level, one that, among other things, asks us to step outside routine—eat less meat, drive less—and become active in forcing corporations (and politicians) to be better citizens.

A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.

Pub Date: May 1, 2020

ISBN: 978-1-5417-3015-1

Page Count: 336

Publisher: PublicAffairs

Review Posted Online: Feb. 16, 2020

Kirkus Reviews Issue: March 15, 2020

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