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HOW BROKEN SUPPLY CHAINS, SURGING INFLATION, AND POLITICAL INSTABILITY WILL SINK THE GLOBAL ECONOMY

An alarming but not alarmist book that deserves serious attention from economists and policymakers.

The supply chain is broken—and it’s not likely to get fixed, at least not as we know it.

It may comfort gun control advocates to know that, in the words of one industry spokesperson, “5.56 ammunition for an AR-15 used to be about 33 cents a round. Now you’re looking at closer to almost a dollar a round.” Blame it on a failed supply chain, and blame that failure on the Trump administration since things began to unravel with the trade war with China. Granted, writes Rickards, it was a mistake to admit China into the World Trade Organization in the first place, and in any event, “stretching supply chains to reach cheap labor in China exponentially increases the risk of adverse outcomes on the way.” The author argues persuasively that the supply chain suffers other weak points. Though it has always been with us, its so-called scientific management has not, and innovations such as just-in-time inventory invite disaster when they run off track. Combine such disasters with stacked-up shipping containers, truckers not moving loads because they’re busy protesting pandemic restrictions, and hoarding behavior, and your local Costco begins to look like East Berlin. What’s more, writes Rickards, our current bout of inflation is a direct result of supply chain disruption, and it’s likely to get worse before it gets better—and might even become deflationary in the end. Given that “Apple works with suppliers in forty-three countries on six continents to source the materials and parts that go into an iPhone,” it’s essential to get things right. Rickards offers an eminently sensible (though costly and surely difficult) solution. Remove regimes such as China and Iran from the global “College of Nations,” establish a “Supply Chain 2.0” that “involves bringing commodity inputs and manufacturing back to the United States and allied countries,” limit trade to “trusted partners,” and rebuild the economy from scratch.

An alarming but not alarmist book that deserves serious attention from economists and policymakers.

Pub Date: Nov. 29, 2022

ISBN: 978-0-593-54231-6

Page Count: 272

Publisher: Portfolio

Review Posted Online: Sept. 26, 2022

Kirkus Reviews Issue: Oct. 15, 2022

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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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THE PSYCHOLOGICAL SAFETY PLAYBOOK FOR CHANGEMAKERS

A passionate and accessible guide to humanizing the workplace.

Helbig and Norman present a game plan for making leadership more responsively human.

In this expanded update to The Psychological Safety Playbook: Lead More Powerfully by Being More Human (2023), the authors provide “practical strategies for responding to resistance, sparking change, embodying the change we want to see, and moving forward deliberately,” specifically in a business setting. They suggest ways to encourage what they call “changemakers” through the use of five key “plays” from their playbook: Communicate Courageously, Master the Art of Listening, Manage Your Reactions (“shift from automatic reaction to conscious response to stay better connected to yourself and others”), Embrace Risk and Failure, and Design Inclusive Rituals. The goal is to ensure that organizational cultures promote psychological safety, guided by leaders who “walk the talk” by emphasizing their own humanity at every turn. (“We must be the first to share our own failures with our teams, which will start to make it possible for others to do the same.”) This call for example-setting is sounded throughout the book as Helbig and Norman urge their target audience (leaders and would-be leaders) to go beyond mere instruction and instead embody the qualities they want to see in their subordinates, such as continuous learning, active curiosity, and self-reflection. Each chapter includes a detailed “Recommended Reading” section and text with extensive numbered and bulleted points formatted to make the core concepts more immediately digestible. The authors effectively employ clear and empathetic prose to assure readers that psychological safety is slow to build and quick to break, observing that such safety requires steady attention and delivers outsize payoffs as a result. They refreshingly ground a great deal of the material in psychology and neuroscience, pointing out, for instance, that research has demonstrated that the parasympathetic nervous system responds to honest appreciation, which improves creative thinking. Some wistful readers might consider some of the authors’ suggestions beyond the reach of their own organizations, as when group facilitators are advised to “gently intervene when someone dominates the conversation,” but hope springs eternal.

A passionate and accessible guide to humanizing the workplace.

Pub Date: May 19, 2026

ISBN: 9798993550503

Page Count: 170

Publisher: Crazy Idea Press

Review Posted Online: April 23, 2026

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