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WEALTH, POVERTY AND POLITICS

AN INTERNATIONAL PERSPECTIVE

While Sowell offers no pat solutions, his implied argument that cultural considerations must inform any serious attempt at...

A provocative analysis of the universal causes of economic success and failure.

Rather than stating a thesis at the outset, Hoover Institution senior fellow Sowell (Intellectuals and Race, 2013, etc.) starts by describing disparities in the prosperity of societies around the world throughout history. In plain language tailored for general readers, he traces these differences to variations in geography, culture, society, and politics, each of which he cogently describes and analyzes in some detail, concluding that it is senseless "to reasonably expect equal economic outcomes...when the things that go into creating those outcomes vary so greatly." If any factor is markedly determinative of economic progress, it is the accumulation of "human capital," including education, job skills, intact families, honesty, and a strong work ethic. Never one to be cowed by political correctness, the author bluntly maintains that some cultures have values like these, which are conducive to the creation of wealth over generations, and some do not. It gradually becomes clear that Sowell is mounting an assault on the redistributionist approach to alleviating poverty, both domestically and internationally. Indeed, he blames the burgeoning welfare state in the United States and Britain for regressions in education and economic standing among blacks and working-class whites over the past 50 years. The author raises many inconvenient facts that should trouble advocates of diversity and cultural relativism, and he effectively refutes progressives' excuses for why their approaches to eliminating poverty have too often produced government dependence and social breakdown. Ironically, given his argument from complexity, his conclusions too often suffer from an oversimplification of causes, failing to take sufficient account of factors that do not contribute to his occasionally tendentious politically conservative argument.

While Sowell offers no pat solutions, his implied argument that cultural considerations must inform any serious attempt at improving the economic prospects of an underperforming nation or group merits serious consideration.

Pub Date: Sept. 8, 2015

ISBN: 978-0-465-08293-3

Page Count: 304

Publisher: Basic Books

Review Posted Online: June 2, 2015

Kirkus Reviews Issue: June 15, 2015

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A PEOPLE'S HISTORY OF THE UNITED STATES

For Howard Zinn, long-time civil rights and anti-war activist, history and ideology have a lot in common. Since he thinks that everything is in someone's interest, the historian—Zinn posits—has to figure out whose interests he or she is defining/defending/reconstructing (hence one of his previous books, The Politics of History). Zinn has no doubts about where he stands in this "people's history": "it is a history disrespectful of governments and respectful of people's movements of resistance." So what we get here, instead of the usual survey of wars, presidents, and institutions, is a survey of the usual rebellions, strikes, and protest movements. Zinn starts out by depicting the arrival of Columbus in North America from the standpoint of the Indians (which amounts to their standpoint as constructed from the observations of the Europeans); and, after easily establishing the cultural disharmony that ensued, he goes on to the importation of slaves into the colonies. Add the laborers and indentured servants that followed, plus women and later immigrants, and you have Zinn's amorphous constituency. To hear Zinn tell it, all anyone did in America at any time was to oppress or be oppressed; and so he obscures as much as his hated mainstream historical foes do—only in Zinn's case there is that absurd presumption that virtually everything that came to pass was the work of ruling-class planning: this amounts to one great indictment for conspiracy. Despite surface similarities, this is not a social history, since we get no sense of the fabric of life. Instead of negating the one-sided histories he detests, Zinn has merely reversed the image; the distortion remains.

Pub Date: Jan. 1, 1979

ISBN: 0061965588

Page Count: 772

Publisher: Harper & Row

Review Posted Online: May 26, 2012

Kirkus Reviews Issue: Jan. 1, 1979

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GOOD ECONOMICS FOR HARD TIMES

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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