The author uses bold strokes to sketch a contrarian view that lay readers will easily grasp, but economists are unlikely to...
An independent scholar critiques mainstream economics and proposes an original explanation for the rise of service-sector employment.
By “imaginary,” Fabbri (The Downfall of Nations, 2016, etc.) means “the growing part of the economic system that claims to be ‘productive’ and is not.” The “real” economy means tangible goods—agricultural and manufactured products. The text minimizes jargon and is free of mathematical formulas but contains a dozen simple graphic illustrations. The author opens with a chart showing U.S. per capita gross domestic product growing at an “incredibly stable rate of about 1.9% per year for 170 years.” Deriding economists’ “tradition of ignoring what they are unable to explain,” Fabbri devotes a third of his book to proposing psychological, sociological, and physical/time constraints that create a “speed cap for assimilating new forms of consumption.” As technology-driven productivity growth outpaces consumptive capacity and eliminates workers, society invents new, unproductive jobs for them in the imaginary economy. In the second section, the author discusses how this phenomenon operates at micro and macro levels and can stimulate or harm economic development. The final section explores how the imaginary economy produces inefficiencies and irrational thinking. Fabbri displays broad economic fluency, quoting diverse sources, including Thomas Malthus, Adam Smith, Friedrich Hayek, and Paul Samuelson. He identifies the Swiss historian Simonde de Sismondi as advocating moderate economic growth 120 years before John Maynard Keynes formulated his monetary theories. Curiously, the author never mentions Allan Fisher, Colin Clark, or Jean Fourastié, pioneers of three-sector theory—economic development’s progression from raw materials to manufacturing to services. Fabbri, a gifted storyteller, advances his arguments primarily through parables. The text, translated from the Italian by the author and Nixon, reads easily. Fabbri blends logic and humor to inform and entertain. Alas, his anecdotal approach and narrative brio can carry his new conception only so far. His disdain for mathematical economics (one essay is titled “On the futile use of mathematics in economic theories”) precludes testing or proving his concept, much less developing it for predictive purposes.
The author uses bold strokes to sketch a contrarian view that lay readers will easily grasp, but economists are unlikely to embrace his ideas without more quantitative evidence.Pub Date: N/A
ISBN: N/A
Page Count: 165
Publisher: La fabbrica delle illusioni srls
Review Posted Online: April 9, 2018
Review Program: Kirkus Indie
Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.
Greed, depravity, and serial murder in 1920s Oklahoma.
During that time, enrolled members of the Osage Indian nation were among the wealthiest people per capita in the world. The rich oil fields beneath their reservation brought millions of dollars into the tribe annually, distributed to tribal members holding "headrights" that could not be bought or sold but only inherited. This vast wealth attracted the attention of unscrupulous whites who found ways to divert it to themselves by marrying Osage women or by having Osage declared legally incompetent so the whites could fleece them through the administration of their estates. For some, however, these deceptive tactics were not enough, and a plague of violent death—by shooting, poison, orchestrated automobile accident, and bombing—began to decimate the Osage in what they came to call the "Reign of Terror." Corrupt and incompetent law enforcement and judicial systems ensured that the perpetrators were never found or punished until the young J. Edgar Hoover saw cracking these cases as a means of burnishing the reputation of the newly professionalized FBI. Bestselling New Yorkerstaff writer Grann (The Devil and Sherlock Holmes: Tales of Murder, Madness, and Obsession, 2010, etc.) follows Special Agent Tom White and his assistants as they track the killers of one extended Osage family through a closed local culture of greed, bigotry, and lies in pursuit of protection for the survivors and justice for the dead. But he doesn't stop there; relying almost entirely on primary and unpublished sources, the author goes on to expose a web of conspiracy and corruption that extended far wider than even the FBI ever suspected. This page-turner surges forward with the pacing of a true-crime thriller, elevated by Grann's crisp and evocative prose and enhanced by dozens of period photographs.
Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.Pub Date: April 18, 2017
ISBN: 978-0-385-53424-6
Page Count: 352
Publisher: Doubleday
Review Posted Online: Feb. 1, 2017
Kirkus Reviews Issue: Feb. 15, 2017
BOOK TO SCREEN
BOOK TO SCREEN
BOOK TO SCREEN
Worthwhile reference stuffed with facts and illustrations.
A compendium of charts, time lines, lists and illustrations to accompany study of the Bible.
This visually appealing resource provides a wide array of illustrative and textually concise references, beginning with three sets of charts covering the Bible as a whole, the Old Testament and the New Testament. These charts cover such topics as biblical weights and measures, feasts and holidays and the 12 disciples. Most of the charts use a variety of illustrative techniques to convey lessons and provide visual interest. A worthwhile example is “How We Got the Bible,” which provides a time line of translation history, comparisons of canons among faiths and portraits of important figures in biblical translation, such as Jerome and John Wycliffe. The book then presents a section of maps, followed by diagrams to conceptualize such structures as Noah’s Ark and Solomon’s Temple. Finally, a section on Christianity, cults and other religions describes key aspects of history and doctrine for certain Christian sects and other faith traditions. Overall, the authors take a traditionalist, conservative approach. For instance, they list Moses as the author of the Pentateuch (the first five books of the Hebrew Bible) without making mention of claims to the contrary. When comparing various Christian sects and world religions, the emphasis is on doctrine and orthodox theology. Some chapters, however, may not completely align with the needs of Catholic and Orthodox churches. But the authors’ leanings are muted enough and do not detract from the work’s usefulness. As a resource, it’s well organized, inviting and visually stimulating. Even the most seasoned reader will learn something while browsing.
Worthwhile reference stuffed with facts and illustrations.Pub Date: Sept. 1, 2005
ISBN: 978-1-5963-6022-8
Page Count: -
Publisher: N/A
Review Posted Online: May 23, 2010
Review Program: Kirkus Indie
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