by Kara Swisher ‧ RELEASE DATE: July 1, 1998
A thorough, thoughtful account of how America Online left its status as a lark to become the much-maligned but presently undisputed king of online services. Swisher, a reporter for the Wall Street Journal, was given unprecedented access to AOL head Steve Case for her book, and it is from Case and other inside sources that she’s gotten much of her material. She records, for instance, a 1993 confrontation between Case and Microsoft head Bill Gates, wherein Gates tells Case, “I can buy 20 percent of you or I can buy all of you. Or I can go into business myself and bury you.” Gates’s cockiness backfires in this instance, as he never is able to either acquire any significant portion of AOL or get his own Microsoft Network to attract much of AOL’s audience. Case’s battle with Gates is summed up well in Case’s own argument that Microsoft’s Windows platform had become to PC users what the dial tone is to the telephone—a minimum basic requirement for usage. For Gates to exert undue control over this computer “dial tone,” Case was able to argue successfully, would be an unfair advantage. Still, Case has to battle over the course of Swisher’s chronicle with his own users over the service’s charges (he eventually settles on a flat rate of $19.95 per month, but not without taking serious losses along the way); and with the government and its Communications Decency Act, which AOL’s lawyers were instrumental in fighting in federal court. He also has to contend with the issue of sex on the Internet, knowing well that much of AOL’s revenue is based on cybersex and other forms of adult entertainment. Swisher never sensationalizes these hot topics. Her book is a solid study of the birth, growth, and struggles of this computer giant. (Author tour)
Pub Date: July 1, 1998
ISBN: 0-8129-2896-2
Page Count: 352
Publisher: Times/Henry Holt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: June 1, 1998
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BOOK REVIEW
by Kara Swisher
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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