The former chairman, president, and CEO of Duke Energy, the largest electric power company in the United States, argues that access to clean, sustainable electricity should be a basic human right.
Without access to electricity, education, health care, efficient farming, and development are barely conceivable. One out of every 6 people worldwide (1.5 billion total) lack any access to electricity. Another 1.5 billion have limited access. Discussing income equality, equal rights for women, and other issues without talking about electricity, writes Rogers, “is a huge blind spot.” Everyone, he insists, will benefit from dramatically reducing the use of expensive and polluting kerosene and firewood and improving health and educational levels. The primarily coal-based supply systems of North America and Western Europe, which India and China are instituting, will not provide a sustainable solution. What is needed, Rogers argues, is “a new way to deliver [electricity] that doesn't involve the heavy pollution of power plants, or the complex grid of electrical wires.” The author presents case studies from India and Africa to show how small-scale solar power and battery-storage combinations are being used to provide light and cellphone charger capabilities at the village level. Rogers also examines installer education, maintenance, and payment systems, developing the case for power generation by way of franchises and locally authorized monopolies. As he notes, for remote rural villages, central generating and long-range grid distribution are not practical. Rogers provides a comprehensive overview of sub-Saharan Africa, India, and Indonesia as potential major contributors to the needed post-coal redesign of electrical production and distribution in America and Europe. He compares fuel sources and generating technologies in light of the challenges of reducing carbon emissions and global warming, and he both points out the problems and ranks proposed solutions.
A passionate, but not ideological, argument that offers a practical approach to solving real problems.Pub Date: Aug. 25, 2015
ISBN: 978-1-137-27985-9
Page Count: 256
Publisher: Palgrave Macmillan
Review Posted Online: May 20, 2015
Kirkus Reviews Issue: June 1, 2015
Categories: GENERAL BUSINESS | BUSINESS | ECONOMICS
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BOOK REVIEW
BOOK REVIEW
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. 4, 2011
Kirkus Reviews Issue: Sept. 15, 2011
Categories: BUSINESS | LEADERSHIP, MANAGEMENT & COMMUNICATION | PSYCHOLOGY
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BOOK REVIEW
“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. 29, 2019
Kirkus Reviews Issue: Sept. 15, 2019
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SEEN & HEARD
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