by Jim Rogers ‧ RELEASE DATE: Aug. 25, 2015
A passionate, but not ideological, argument that offers a practical approach to solving real problems.
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 19, 2015
Kirkus Reviews Issue: June 1, 2015
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by Abhijit V. Banerjee & Esther Duflo ‧ RELEASE DATE: Nov. 12, 2019
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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SEEN & HEARD
by Enrico Moretti ‧ RELEASE DATE: May 5, 2012
A welcome contribution from a newcomer who provides both a different view and balance in addressing one of the country's...
A fresh, provocative analysis of the debate on education and employment.
Up-and-coming economist Moretti (Economics/Univ. of California, Berkeley) takes issue with the “[w]idespread misconception…that the problem of inequality in the United States is all about the gap between the top one percent and the remaining 99 percent.” The most important aspect of inequality today, he writes, is the widening gap between the 45 million workers with college degrees and the 80 million without—a difference he claims affects every area of peoples' lives. The college-educated part of the population underpins the growth of America's economy of innovation in life sciences, information technology, media and other areas of globally leading research work. Moretti studies the relationship among geographic concentration, innovation and workplace education levels to identify the direct and indirect benefits. He shows that this clustering favors the promotion of self-feeding processes of growth, directly affecting wage levels, both in the innovative industries as well as the sectors that service them. Indirect benefits also accrue from knowledge and other spillovers, which accompany clustering in innovation hubs. Moretti presents research-based evidence supporting his view that the public and private economic benefits of education and research are such that increased federal subsidies would more than pay for themselves. The author fears the development of geographic segregation and Balkanization along education lines if these issues of long-term economic benefits are left inadequately addressed.
A welcome contribution from a newcomer who provides both a different view and balance in addressing one of the country's more profound problems.Pub Date: May 5, 2012
ISBN: 978-0-547-75011-8
Page Count: 304
Publisher: Houghton Mifflin Harcourt
Review Posted Online: April 3, 2012
Kirkus Reviews Issue: April 15, 2012
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