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ANTITRUST

TAKING ON MONOPOLY POWER FROM THE GILDED AGE TO THE DIGITAL AGE

Solid, sharp, articulate work—not just advertising for a possible 2024 presidential run.

The senior senator from Minnesota offers a thorough history of trustbusting in America and an urgent plea for stricter enforcement.

Klobuchar is on a mission to strengthen and enforce federal antitrust laws in order to halt the growing consolidation of big business, which thwarts competition and exacerbates economic inequality. This book, unlike her standard-issue political memoir, The Senator Next Door (2015), is both a diligently researched history lesson and a well thought out plan, meticulously delineated, to take on “corporate consolidation, Congressional inertia, and the conservative courts.” Showcasing her hardworking Midwestern roots, the author moves from her childhood in a Minneapolis suburb—her father wrote for the Star Tribune, and her paternal grandfather was a miner, a profession for which strong unions were crucial—to the initial growth of the Granger movement in response to grain price monopolies in the heartland. The first federal legislation was put forward by Ohio Sen. John Sherman in 1890, but it was not enforced until Theodore Roosevelt assumed the presidency and sought to dismantle the Northern Securities railroad monopoly, among many others. In 1911, Howard Taft broke up Standard Oil, thanks in large part to Ida Tarbell’s groundbreaking exposé, which set the stage for the passage of more antitrust legislation—e.g., the Clayton Antitrust Act and Federal Trade Commission Act, both passed in 1914. Yet the progressive era gave way to war-caused fatigue and the reopening of certain legal loopholes. In addition to sketching the beliefs of the Chicago versus Harvard schools of thought on monopolies, Klobuchar examines key cases in the digital age (AT&T, Microsoft), alarming mergers in high tech and health care industries, and suits brought against Google and Facebook. The author also clearly shows how the previous administration’s pro-business stance led to significant reductions in important resources like antitrust lawyers. The final section, “The Path Forward,” is a staggeringly detailed, impressively documented and presented “list of the Top 25 recommendations to improve competition in our nation.”

Solid, sharp, articulate work—not just advertising for a possible 2024 presidential run.

Pub Date: April 27, 2021

ISBN: 978-0-525-65489-6

Page Count: 624

Publisher: Knopf

Review Posted Online: March 1, 2021

Kirkus Reviews Issue: March 15, 2021

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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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WHEN BREATH BECOMES AIR

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...

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A neurosurgeon with a passion for literature tragically finds his perfect subject after his diagnosis of terminal lung cancer.

Writing isn’t brain surgery, but it’s rare when someone adept at the latter is also so accomplished at the former. Searching for meaning and purpose in his life, Kalanithi pursued a doctorate in literature and had felt certain that he wouldn’t enter the field of medicine, in which his father and other members of his family excelled. “But I couldn’t let go of the question,” he writes, after realizing that his goals “didn’t quite fit in an English department.” “Where did biology, morality, literature and philosophy intersect?” So he decided to set aside his doctoral dissertation and belatedly prepare for medical school, which “would allow me a chance to find answers that are not in books, to find a different sort of sublime, to forge relationships with the suffering, and to keep following the question of what makes human life meaningful, even in the face of death and decay.” The author’s empathy undoubtedly made him an exceptional doctor, and the precision of his prose—as well as the moral purpose underscoring it—suggests that he could have written a good book on any subject he chose. Part of what makes this book so essential is the fact that it was written under a death sentence following the diagnosis that upended his life, just as he was preparing to end his residency and attract offers at the top of his profession. Kalanithi learned he might have 10 years to live or perhaps five. Should he return to neurosurgery (he could and did), or should he write (he also did)? Should he and his wife have a baby? They did, eight months before he died, which was less than two years after the original diagnosis. “The fact of death is unsettling,” he understates. “Yet there is no other way to live.”

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular clarity.

Pub Date: Jan. 19, 2016

ISBN: 978-0-8129-8840-6

Page Count: 248

Publisher: Random House

Review Posted Online: Sept. 29, 2015

Kirkus Reviews Issue: Oct. 15, 2015

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