A thought-provoking look at the little-examined role of land in making the rich richer and the poor poorer.
A searching history of land as a measure—and mismeasure—of wealth.
They’re not making any more of it, barring dredging operations off Holland or Japan. So it is that, Economist editor Bird writes, land remains enormously valuable, accounting for “about 35 percent of the $520 trillion in real wealth on earth,” twice the value of all the publicly traded corporations on the world’s stock markets. But whereas most markets are regulated, land is less so—it’s just there, it seems, an asset that “does not really decay,” that is, depreciate. It is thus the basis for hereditary wealth and present-day inequalities, since those who own land can use it as collateral, commanding loans unavailable to tenants and the landless poor. By Bird’s wide-ranging account, this very fact has propelled such movements as the westward expansion of America, with seekers scrambling for real estate to call their own. Against this, the author chronicles a powerful 19th-century economic-reform movement led by activists such as Henry George, who called for steep taxes on landownership, and especially on land that was rented out, inasmuch as the landowners “needed to do nothing more than collect the income”—and besides, benefited disproportionately from publicly funded infrastructure improvements. Naturally, Bird writes, the wealthy were strongly opposed to such reforms. Among other cases, the author examines a tax on China’s landowners propounded by the country’s first president, Sun Yat-sen, so that building an urban industrial economy “could be paid for by the uplift in the value of the land around it.” In another intriguing instance, Bird looks at McDonald’s as a real estate business fronted by hamburger sales, with the company making “more money from rent…than it does from royalties on Big Macs, Happy Meals, and all its other…menu items put together.”
A thought-provoking look at the little-examined role of land in making the rich richer and the poor poorer.Pub Date: Nov. 4, 2025
ISBN: 9780593719718
Page Count: 336
Publisher: Portfolio
Review Posted Online: Sept. 12, 2025
Kirkus Reviews Issue: Oct. 15, 2025
A short, smart analysis of perhaps the most famous passage in American history reveals its potency and unfulfilled promise.
Words that made a nation.
Isaacson is known for expansive biographies of great thinkers (and Elon Musk), but here he pens a succinct, stimulating commentary on the Founding Fathers’ ode to “life, liberty, and the pursuit of happiness.” His close reading of the Declaration of Independence’s second sentence, published to mark the 250th anniversary of the document’s adoption, doesn’t downplay its “moral contradiction.” Thomas Jefferson enslaved hundreds of people yet called slavery “a cruel war against human nature” in his first draft of the Declaration. All but 15 of the document’s 56 signers owned enslaved people. While the sentence in question asserted “all men are created equal” and possess “unalienable rights,” the Founders “consciously and intentionally” excluded women, Native Americans, and enslaved people. And yet the sentence is powerful, Isaacson writes, because it names a young nation’s “aspirations.” He mounts a solid defense of what ought to be shared goals, among them economic fairness, “moral compassion,” and a willingness to compromise. “Democracy depends on this,” he writes. Isaacson is excellent when explaining how Enlightenment intellectuals abroad influenced the founders. Benjamin Franklin, one of the Declaration’s “five-person drafting committee,” stayed in David Hume’s home for a month in the early 1770s, “discussing ideas of natural rights” with the Scottish philosopher. Also strong is Isaacson’s discussion of the “edits and tweaks” made to Jefferson’s draft. As recommended by Franklin and others, the changes were substantial, leaving Jefferson “distraught.” Franklin, who emerges as the book’s hero, helped establish municipal services, founded a library, and encouraged religious diversity—the kind of civic-mindedness that we could use more of today, Isaacson reminds us.
A short, smart analysis of perhaps the most famous passage in American history reveals its potency and unfulfilled promise.Pub Date: Nov. 18, 2025
ISBN: 9781982181314
Page Count: 80
Publisher: Simon & Schuster
Review Posted Online: Aug. 29, 2025
Kirkus Reviews Issue: Oct. 1, 2025
BOOK REVIEW
BOOK REVIEW
BOOK REVIEW
SEEN & HEARD
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...
A neurosurgeon with a passion for literature tragically finds his perfect subject after his diagnosis of terminal lung cancer.
Writing isn’t brain surgery, but it’s rare when someone adept at the latter is also so accomplished at the former. Searching for meaning and purpose in his life, Kalanithi pursued a doctorate in literature and had felt certain that he wouldn’t enter the field of medicine, in which his father and other members of his family excelled. “But I couldn’t let go of the question,” he writes, after realizing that his goals “didn’t quite fit in an English department.” “Where did biology, morality, literature and philosophy intersect?” So he decided to set aside his doctoral dissertation and belatedly prepare for medical school, which “would allow me a chance to find answers that are not in books, to find a different sort of sublime, to forge relationships with the suffering, and to keep following the question of what makes human life meaningful, even in the face of death and decay.” The author’s empathy undoubtedly made him an exceptional doctor, and the precision of his prose—as well as the moral purpose underscoring it—suggests that he could have written a good book on any subject he chose. Part of what makes this book so essential is the fact that it was written under a death sentence following the diagnosis that upended his life, just as he was preparing to end his residency and attract offers at the top of his profession. Kalanithi learned he might have 10 years to live or perhaps five. Should he return to neurosurgery (he could and did), or should he write (he also did)? Should he and his wife have a baby? They did, eight months before he died, which was less than two years after the original diagnosis. “The fact of death is unsettling,” he understates. “Yet there is no other way to live.”
A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular clarity.Pub Date: Jan. 19, 2016
ISBN: 978-0-8129-8840-6
Page Count: 248
Publisher: Random House
Review Posted Online: Sept. 29, 2015
Kirkus Reviews Issue: Oct. 15, 2015
PERSPECTIVES
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