economics

Book review – Assembling the Dinosaur: Fossil Hunters, Tycoons, and the Making of a Spectacle

Having just reviewed Nieuwland’s American Dinosaur Abroad: A Cultural History of Carnegie’s Plaster Diplodocus, historian Lukas Rieppel’s book Assembling the Dinosaur seemed like a logical choice to read next. Whereas the former focused on the plaster casts of a Diplodocus skeleton that American business tycoon Andrew Carnegie donated to museums, Rieppel takes in a far wider sweep of history, studying the role of dinosaurs in America’s Long Gilded Age – the period from roughly 1880 to the Great Depression in 1929. This scholarly work charts the entanglement of economic transformation, notably the rise of large corporations, with the rise of palaeontology and changes in size, scope, and management of museums. Readers with an interest in the history of palaeontology will be particularly well-served by this book.

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Book review – Rage Inside The Machine: The Prejudice of Algorithms, and How to Stop the Internet Making Bigots of Us All

There is an amusing and slightly acerbic acronym that has stuck with me from my days working at a computer helpdesk for an international oil firm: PICNIC. Short for “problem in chair, not in computer”, my colleagues used it as code whenever an employee rocked up at our helpdesk with a complaint or problem that was due to human clumsiness rather than malfunctioning hardware. “Did you check that the printer was plugged into the power socket?”

Nevertheless, says Artificial Intelligence (AI) researcher Robert Elliott Smith, our blind faith in computers and the algorithms that run them is misguided. Based on his 30 years experience working with AI, the aptly titled Rage Inside the Machine takes the reader on a historical tour of computing to show how today’s technology is both less amoral and more prejudiced than we give it credit for.

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Book review – Malthus: The Life and Legacies of an Untimely Prophet

Thomas Robert Malthus, a man so praised and vilified that his name has been immortalised in the noun “Malthusianism”. Many people will have heard of him in the context of overpopulation, but how many of you know the title of his famous book? Robert J. Mayhew is a Professor of Historical Geography and Intellectual History and with Malthus: The Life and Legacies of an Untimely Prophet he makes the case that Malthus’s book is a good example of the unread classic. Deeply researched, this is a scholarly book for the patient reader that charts Malthus’s life and, especially, his intellectual legacy. As Mayhew shows, Malthus remains as relevant as ever, though he continues to be misinterpreted in manifold ways.

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Book review – Cold Rush: The Astonishing True Story of the New Quest for the Polar North

Cold Rush is one of those books that invites a facepalm and a groan of: “humans… sigh”. The Arctic turns out to be particularly sensitive to climate change – the extent of sea ice cover has been hitting record-lows in the last decade, polar bears are moving into new areas as their habitat disappears, Greenland’s glaciers are melting in record-tempo, and scientists are publicly worrying we will see the North Pole free of ice within decades. You would think that we would be concerned. Instead, the nations around the Arctic rub their hands in glee: “Look at all these business opportunities: new shipping routes, newly accessible oil, gas, and mineral reserves… oh boy, we are going to make so much money!”

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Book review – Why Good People Do Bad Environmental Things

If so many people are concerned about the environment, why do we still behave in ways that harm it? Many environmentalists will quickly argue that people just do not care or need more information. Professor of Environmental Studies Elizabeth R. DeSombre here argues that these answers are often wrong or incomplete. By considering research from a range of disciplines she is looking for a fuller explanation of why we behave the way we do. Only then can we hope to change how people achieve their goals in less destructive ways. And that, she daringly concludes, does not even require people to care about the environment.

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Book review – The Internet Trap: How the Digital Economy Builds Monopolies and Undermines Democracy

The internet was supposed to be the great leveller. A revolutionary new medium that would allow anyone, anywhere to share his views and opinions with the world. A medium that would lead to robust and civil discourse amongst the citizens of planet Earth, with people holding different viewpoints exchanging ideas and finding inspiration. It would spell the end of big companies, with “competition being only a click away”, and numerous promising startups hiding in garages everywhere, ready to burst onto the scene. With the cost of reproduction and distribution approaching zero, anyone could start a blog, be a journalist, be heard!

Now take another good look around you. Where is the internet that we were promised?

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Book review – Upheaval: How Nations Cope with Crisis and Change

The subtitle of this book could also be reworded as a question. How, indeed, do nations cope with crises such as war? With Upheaval, geography professor Jared Diamond puts forward a rather unorthodox suggestion for answering this question. Psychologists and specifically crisis therapists have gained a lot of insight into how individuals deal with and overcome crises in their personal lives. Taking a list of twelve factors that influence this, Upheaval is both a thought experiment and a piece of comparative history that tries to apply this framework to six nations that went through a crisis.

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Book review – Empty Planet: The Shock of Global Population Decline

Given that I consider overpopulation to be the mother of all problems and, unfortunately, the elephant in the room that few wish to address, this book immediately drew my attention. Empty planet? Global population decline? Those are not words you often hear when the subject turns to future demographic trends. And yet, these two Canadian authors, Darrell Bricker the CEO of social and opinion research firm Ipsos Public Affairs and John Ibbitson a journalist for Globe and Mail, contend exactly this.

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Book review – The Uninhabitable Earth: A Story of the Future

“It is worse, much worse, thank you think”. With these ominous words, David Wallace-Wells, deputy editor at New York magazine, starts his no-holds-barred story of climate catastrophe. Pulling together worst-case scenario predictions, he is hell-bent on scaring the living daylight out of his readers by sketching the manifold crises that loom in our near future if we let climate change develop unchecked. He proves a poetic agitator and I admire his outspokenness – I don’t think he is alarmist, but simply saying what many scientist are silently thinking. Whether this divisive approach is helpful is another question, and one for which he has been criticised. It is a price Wallace-Wells is willing to pay, because he thinks most people are not scared enough.

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Book review – Nature’s Mutiny: How the Little Ice Age Transformed the West and Shaped the Present

In the minds of most people, the words “Ice Age” will invoke images of mammoths and sabertooth tigers. But historians use the phrase “Little Ice Age” to refer to a particular period in recent history when average temperatures dropped for a few centuries. The impact this had on societies was tremendous. In Nature’s Mutiny, originally published in German and here translated by the author, historian Philipp Blom charts the transformations that resulted and shaped today’s world. It is also one of the most evocative book titles I have seen this year.

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