MIDAS TOUCH

WHY SOME ENTREPRENEURS GET RICH--AND WHY MOST DON'T

Serviceable but undermined by its political proselytizing.

Trump and Kiyosaki are back with a tag-team tutorial on how to rake in oodles of cash as a winning entrepreneur.

What makes a successful entrepreneur? According to the authors, five qualities comprise success, and each is represented by one of your fingers. The thumb represents strength, the index finger suggests focus, the middle finger symbolizes a brand, the ring finger implies relationships and the pinky finger stands for the little things that still count. Together they comprise the Midas Touch. If you don’t have it, the authors warn, you won’t make it big in business. Both authors take turns expounding on each principle by harkening back to their own personal experiences. Kiyosaki draws on his service in Vietnam and his failed attempt to build a financial empire out of Velcro wallets. Trump references his many escapades building New York City skyscrapers and hosting a reality-TV show. The authors complement each other surprisingly well, as both men possess rare insights into the way business really gets done. This manual is as good as many of the other so-so entrepreneurial handbooks out there, but the subtext is alarming. “As the middle class disappears there’s only one or two ways you can go: rich or poor,” write the authors. “We want you to be rich.” They go on to argue: “Government cannot create real jobs. Only entrepreneurs can do that.” Then how to explain the millions of cops, nurses and firefighters who also dream of owning a boat or vacation home someday? Is their only recourse to hope for a spot on The Apprentice?

Serviceable but undermined by its political proselytizing.

Pub Date: Oct. 4, 2011

ISBN: 978-1612680958

Page Count: 348

Publisher: Plata Publishing

Review Posted Online: Jan. 13, 2012

Kirkus Reviews Issue: Oct. 15, 2011

GOOD ECONOMICS FOR HARD TIMES

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

STILLNESS IS THE KEY

A timely, vividly realized reminder to slow down and harness the restorative wonders of serenity.

An exploration of the importance of clarity through calmness in an increasingly fast-paced world.

Austin-based speaker and strategist Holiday (Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue, 2018, etc.) believes in downshifting one’s life and activities in order to fully grasp the wonder of stillness. He bolsters this theory with a wide array of perspectives—some based on ancient wisdom (one of the author’s specialties), others more modern—all with the intent to direct readers toward the essential importance of stillness and its “attainable path to enlightenment and excellence, greatness and happiness, performance as well as presence.” Readers will be encouraged by Holiday’s insistence that his methods are within anyone’s grasp. He acknowledges that this rare and coveted calm is already inside each of us, but it’s been worn down by the hustle of busy lives and distractions. Recognizing that this goal requires immense personal discipline, the author draws on the representational histories of John F. Kennedy, Buddha, Tiger Woods, Fred Rogers, Leonardo da Vinci, and many other creative thinkers and scholarly, scientific texts. These examples demonstrate how others have evolved past the noise of modern life and into the solitude of productive thought and cleansing tranquility. Holiday splits his accessible, empowering, and sporadically meandering narrative into a three-part “timeless trinity of mind, body, soul—the head, the heart, the human body.” He juxtaposes Stoic philosopher Seneca’s internal reflection and wisdom against Donald Trump’s egocentric existence, with much of his time spent “in his bathrobe, ranting about the news.” Holiday stresses that while contemporary life is filled with a dizzying variety of “competing priorities and beliefs,” the frenzy can be quelled and serenity maintained through a deliberative calming of the mind and body. The author shows how “stillness is what aims the arrow,” fostering focus, internal harmony, and the kind of holistic self-examination necessary for optimal contentment and mind-body centeredness. Throughout the narrative, he promotes that concept mindfully and convincingly.

A timely, vividly realized reminder to slow down and harness the restorative wonders of serenity.

Pub Date: Oct. 1, 2019

ISBN: 978-0-525-53858-5

Page Count: 288

Publisher: Portfolio

Review Posted Online: July 20, 2019

Kirkus Reviews Issue: Aug. 15, 2019

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