Well reported but with debatable theoretical underpinnings.
The former editor-in-chief of the Economist finds a few bright spots amid the dark economic clouds in post-Berlusconi Italy.
Expanded and updated since its 2010 publication in Italian, this brisk journalistic account by Emmott (Rivals: How the Power Struggle between China, India, and Japan Will Shape Our Next Decade, 2008, etc.) argues that Italy’s current financial crisis eerily echoes the previous one of 1992-1994, and that understanding why meaningful reforms failed to be enacted then may help Italians do better this time. He dismisses as unhelpful in this effort the traditional distinction between the wealthy, industrial north and the poor, rural south. Instead, Emmott discerns a “Bad Italy…selfish, closed, umeritocratic and often criminal,” and a “Good Italy…more open, community-minded and progressive.” As examples of the Good Italy, he offers social movements such as Addiopizzo (“goodbye bribes”) and Ammazzeteci Tutti (“kill us all”), an anti-mafia group. Emmott also visits and praises various nimble new businesses that have managed to thrive despite restrictive labor laws and a glacially slow judicial system that makes it extremely difficult to enforce contracts. The slow food movement in Turin, a cashmere exporter in Perugia and a company that manufactures sophisticated measurement devices are among the author’s examples of the kind of dynamic capitalism Italy needs. However, these praiseworthy efforts don’t immediately address the problem of Italy’s massive debt, which occurs in the context of a global economic crisis due in large part to the kind of unrestricted, unregulated capitalism the author seems to be advocating, despite a brief acknowledgement of the banking industry’s excesses. When Emmott praises Ireland’s governing institutions for becoming “from the late 1980s onward…more efficient and less profligate,” without making any reference to the fact that Ireland is now experiencing a financial crisis at least as severe as Italy’s, it’s difficult to entirely trust his prescriptions for economic health.
Well reported but with debatable theoretical underpinnings.Pub Date: Aug. 14, 2012
ISBN: 978-0-300-18630-7
Page Count: 304
Publisher: Yale Univ.
Review Posted Online: May 30, 2012
Kirkus Reviews Issue: June 15, 2012
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...
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
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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