Books

The work to revise and expand my 2018 essay “Capit —>> read more –>>

Packer’s Last Best Hope: America in crisis and renewal (Ferrar, Straus & Giroux 2021) has aroused quite a bit of attention and comment in the media. At the heart of the book is Packer’s description of four Americas: Free America, Real America, Smart America, and Just America. The writing is solid and attractive.

Tightrope provides a well-written description of the American crisis through personal stories and hard data. Unfortunately it falls flat in its call for action.

An American Sickness by Elisabeth Rosenthal is important and disappointing. Despite all of the information about the failings of our market-based healthcare system Rosenthal abandons her analysis when it comes to treatment.

Segregated America didn’t happen by chance nor by choice of the victims. Consistent white supremacist government action supported by private institutions created the segregation that persists and flourishes in the 21st century.

Government, Federal, state and local took affirmative actions to set up and sustain segregation that is clearly unconstitutional and illegal. The de jure nature of the history then puts the burden on the government, our government, to remedy the situation. 

Notices of runaways slaves from the Hudson River Valley. Many were notices from slave owners in Hudson and Columbia County dating roughly from 1795 to 1840. Northerners may think that slavery was a Southern institution, but this history casts a decidedly different picture.

Using a variety of tools and institutional arrangements every other developed country controls prices and healthcare budgets. They do not allow a one-sided market to focus on delivering as many procedures and prescriptions as possible without any systematic focus on health. To put the outrage of American healthcare in its true global setting: US healthcare spending compared to other developed countries and health outcomes relative to other developed countries. As the chart below demonstrates, the US spends more than 25% more than our closest competitor, Switzerland, and twice as much as most including japan, France, Australia and Canada. The health outcomes are woeful. We rank 42 in the world for longevity and 56th for infant mortality.

The title of this short book, only 130 pages, Buil —>> read more –>>

The Rise and Fall of American Growth: the US stand —>> read more –>>

We are within days of the anniversary of the first —>> read more –>>

We should demand that our financial markets serve their findamental purposes – connect investors with those who can deploy those resources to create new products and services and enable the flow of these goods and services. To call holding financial insturments whether stocks, bonds, or other assets for mere seconds investments is to beggar the mind.

Confronting the ruling powers (government or corpo —>> read more –>>

This book brings to light the extent to which the —>> read more –>>

Isabel Wilkerson’s book, The Warmth of Other Suns —>> read more –>>

Manias, Panics, and Crashes: a history of financia —>> read more –>>

The current New York Review of Books has an articl —>> read more –>>

North Korea – a visit to the “Axis of Evil” Recent —>> read more –>>

Recently, in the context of some discussion of the —>> read more –>>

Earlier this year I read Charles Mann’s 1491: New —>> read more –>>

Book Review: Page Smith, A New Age Now Begins: a p —>> read more –>>