An uncritical biography of one of France's premier automakers, from a British journalist who takes a far greater interest in machines than in men or women. Drawing on archival and secondary sources, Reynolds offers a cursory rundown on his subject's life and times. The son of a Jewish diamond merchant who had moved to Paris from Amsterdam, Citroân graduated from the prestigious êcole Polytechnique in 1900 at the age of 22. Having fulfilled his military service, young AndrÇ began manufacturing gearwheels, a high-tech enterprise in which he fared well. After WW I (during which he established and ran an important munitions factory for the government), Citroân built the first of many motor cars bearing his name. A technocrat rather than a practical engineer in the mold of his acquaintance Henry Ford, he was at least as concerned with developing mass consumer markets and volume-production techniques as with advancing the state of the automotive art. His eponymous company nonetheless created half-track vehicles that proved their mettle on showcase expeditions through Africa, Antarctica, Central Asia, and other exacting venues. It also rolled out the Traction Avant, a breakthrough design notable for such forward-looking features as an automatic transmission, front-wheel drive, and hydraulic brakes. Although the firm and its founder appeared to prosper during the Roaring '20s, the Great Depression took a severe toll. Creditors (led by Michelin) gained control of Automobiles Citroân in 1935, the same year its erstwhile patron died of stomach cancer. While an English-language account of Citroân's accomplishments and failures is long overdue, freelance automotive journalist Reynolds misses his opportunity. Among other shortcomings, the tech-talk narrative devotes so little attention to matters of business and character that the company's precipitous fall from financial grace will come as a real shock to readers unfamiliar with the bon vivant proprietor's willingness to run immense risks. Flat and unrevealing. (b&w photos)
Pub Date: Jan. 20, 1997
ISBN: 0-312-16505-6
Page Count: 256
Publisher: St. Martin's
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Dec. 1, 1996
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
BOOK REVIEW
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A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.
A well-constructed critique of an economic system that, by the author’s account, is a driver of the world’s destruction.
Harvard Business School professor Henderson vigorously questions the bromide that “management’s only duty is to maximize shareholder value,” a notion advanced by Milton Friedman and accepted uncritically in business schools ever since. By that logic, writes the author, there is no reason why corporations should not fish out the oceans, raise drug prices, militate against public education (since it costs tax money), and otherwise behave ruinously and anti-socially. Many do, even though an alternative theory of business organization argues that corporations and society should enjoy a symbiotic relationship of mutual benefit, which includes corporate investment in what economists call public goods. Given that the history of humankind is “the story of our increasing ability to cooperate at larger and larger scales,” one would hope that in the face of environmental degradation and other threats, we might adopt the symbiotic model rather than the winner-take-all one. Problems abound, of course, including that of the “free rider,” the corporation that takes the benefits from collaborative agreements but does none of the work. Henderson examines case studies such as a large food company that emphasized environmentally responsible production and in turn built “purpose-led, sustainable living brands” and otherwise led the way in increasing shareholder value by reducing risk while building demand. The author argues that the “short-termism” that dominates corporate thinking needs to be adjusted to a longer view even though the larger problem might be better characterized as “failure of information.” Henderson closes with a set of prescriptions for bringing a more equitable economics to the personal level, one that, among other things, asks us to step outside routine—eat less meat, drive less—and become active in forcing corporations (and politicians) to be better citizens.
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.Pub Date: May 1, 2020
ISBN: 978-1-5417-3015-1
Page Count: 336
Publisher: PublicAffairs
Review Posted Online: Feb. 16, 2020
Kirkus Reviews Issue: March 15, 2020
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