An informative, optimistic look at how a partnership between private capital and government can unleash America's innovative...



Two consultants associated with Clean Edge, a clean-tech advisory firm, review potential areas for investment in clean energy and technology.

Pernick and Wilder (co-authors: Clean Tech Revolution, 2007, etc.) believe that America is at a crossroads, bedeviled by a still-slow economy but poised to become a clean-technology powerhouse. “[C]lean tech,” they write, “has become the most critical industry of the 21st century—an essential component to global economic success for all developed countries, and increasingly for developing nations as well.” They review the latest developments—substantial price decreases in solar voltaic cells, wind power, electric vehicles and more—but consider the most significant development to be on the capital front with the growing involvement of venture capitalists. State and federal mandates have encouraged this development—e.g., federally mandated use of energy-efficient light bulbs and state regulations requiring utilities to incorporate alternate energies in the power mix. Pernick and Wilder also welcome a broadening of the debate from a narrow focus on global warming to a wider concern with environmental issues such as clean air and clean water. One of their most original contributions is their discussion of the synergistic relationship between urbanization and the creation of centers of innovation, spotlighting “15 U.S. clean-tech cities.” In 2008, half of the world's population was living in cities, a development fueled by China's rapid urbanization. This has encouraged the development of hubs in which there is a “concentration of intellectual and financial capital, business acumen, and university and research-lab R&D.” The authors compare these clean-tech clusters to the earlier development of Detroit's automobile industry, Hollywood’s film industry and Silicon Valley’s computer and software industry.

An informative, optimistic look at how a partnership between private capital and government can unleash America's innovative capabilities.

Pub Date: Sept. 4, 2012

ISBN: 978-0-06-208844-4

Page Count: 320

Publisher: Harper Business

Review Posted Online: May 31, 2012

Kirkus Reviews Issue: June 15, 2012

Did you like this book?

No Comments Yet

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. 4, 2011

Kirkus Reviews Issue: Sept. 15, 2011

Did you like this book?

A declaration worth hearing out in a time of growing inequality—and indignity.


Noted number cruncher Sperling delivers an economist’s rejoinder to life, liberty, and the pursuit of happiness.

Former director of the National Economic Council in the administrations of Presidents Bill Clinton and Barack Obama, the author has long taken a view of the dismal science that takes economic justice fully into account. Alongside all the metrics and estimates and reckonings of GDP, inflation, and the supply curve, he holds the great goal of economic policy to be the advancement of human dignity, a concept intangible enough to chase the econometricians away. Growth, the sacred mantra of most economic policy, “should never be considered an appropriate ultimate end goal” for it, he counsels. Though 4% is the magic number for annual growth to be considered healthy, it is healthy only if everyone is getting the benefits and not just the ultrawealthy who are making away with the spoils today. Defining dignity, admits Sperling, can be a kind of “I know it when I see it” problem, but it does not exist where people are a paycheck away from homelessness; the fact, however, that people widely share a view of indignity suggests the “intuitive universality” of its opposite. That said, the author identifies three qualifications, one of them the “ability to meaningfully participate in the economy with respect, not domination and humiliation.” Though these latter terms are also essentially unquantifiable, Sperling holds that this respect—lack of abuse, in another phrasing—can be obtained through a tight labor market and monetary and fiscal policy that pushes for full employment. In other words, where management needs to come looking for workers, workers are likely to be better treated than when the opposite holds. In still other words, writes the author, dignity is in part a function of “ ‘take this job and shove it’ power,” which is a power worth fighting for.

A declaration worth hearing out in a time of growing inequality—and indignity.

Pub Date: May 5, 2020

ISBN: 978-1-9848-7987-5

Page Count: 384

Publisher: Penguin Press

Review Posted Online: Feb. 26, 2020

Kirkus Reviews Issue: March 15, 2020

Did you like this book?

No Comments Yet