Lewis — The Power of Productivity

Lewis, William, The Power of Productivity: Wealth, Poverty, and the Threat to Global Stability, U of Chicago Press, 2004. 339 pp.

[cross-posted on Albion’s Seedlings]

Preliminary headlines on the upcoming riot season in Paris are starting to appear, recalling the difficulties that European countries face in boosting their economic performance: reducing unemployment and increasing economic growth. Fareed Zakaria’s article in the Washington Post earlier in 2006 entitled the Decline and Fall of Europe is a quick and readable summary.

Zakaria quotes a particularly interesting OECD report called “Going for Growth” that shows Europe, rather than catching up to America in per capita GDP, has in fact been falling behind over the last 15 years. Efforts to catch up, while noteworthy and politically difficult, have essentially failed. When the GDP figures are adjusted by purchasing power parity (PPP), from country to country and around the world, we end up with shocking tables like the following:

gdp_ppp_2005.png
Source: CIA World Factbook

and this:

gdpbypop.png
Source: Adapted from Lewis, The Power of Productivity, 2004.

The United States doesn’t simply lead the world in GDP per capita (PPP adjusted). It is in a class (fully acknowledging its size) entirely by itself. Adding 1 million net citizens every nine months (one every 13 seconds), America is extending its lead in prosperity over not only poor and moderately wealthy nations, but over virtually all of its erstwhile companions on the “heights” of Mount Prosperity. Next-door neighbour Canada is the only eight digit population close to the US, coming in at 78% of US per capita GDP (PPP adjusted).

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Books Read

I have been enjoying James McCormick’s book reviews on the blog very much. The quality of these items is a blessing and a challenge. I have been intending for a long time to do some “book reports” for the blog on things I have been reading, but I have not gotten to it for many valid reasons. The way I read is not conducive to taking notes, reflection, etc. I read while walking to the train, cooking, evacuating, a minute here a minute there. I read fast and I retain pretty well what I read. I can read in almost any posture and in any setting with any volume of background distraction, something I have learned out of necessity. Still, while this is the only option available to me, it is far less than the ideal way to read a book. At this point in my life, it is that or nothing. I just ingest the books as best I can and try to retain something of value from them.

So, instead of a book report, I just attach a list of books I have read in the last 16 months or so. It may be of interest to some of you. I hope to write about some of these at some point in the future.

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Partial to the The Partial Critics

Last week, to wean myself of my television habit, I sat down to read a Howells biography, but glanced at the books piled beside my chair, waiting to be reshelved. Some I’ve ignored for decades, packing them in box after box in move after move. The one on top, by one of my old teachers, was published in 1965.

I’d never been much interested in theory; in those days, the study of literature was not yet dominated by meta-criticism. Then, I confess, literature seemed primarily a way to objectify and understand my own inner chaos. The level of abstraction required to think in terms of literary theories was just not the way I thought. But, that last spring at Nebraska, I enjoyed Lee Lemon’s critical theory seminar & the play of those conversations. Sometimes books wait for us; last week, I found myself lost in his. The Partial Critics beautifully embodies an attitude I remembered: respectful of literature & its bounty, of the critics he critiques with affection.

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Crosby – The Measure of Reality – Quantification and Western Society 1250-1600

Crosby, Alfred W., The Measure of Reality: Quantification and Western Society, 1250-1600 (Cambridge Univ. Press), 1997. 245pp. (Issued in the US as The Measure of Reality: Quantification in Western Europe, 1250-1600)

[cross-posted on Albion’s Seedlings]

Recently, I reviewed a book (Nisbett’s Geography of Thought) that describes the social psychological research on thinking styles in East Asia and the West. Nisbett traces the origins of the Western predisposition to thinking with Platonic properties, objects and “actors” to Greek philosophy and culture. In an earlier review of a book about the Peloponnesian War by VD Hanson, certainly demonstrated the unusual economic nature of a 5th cent. BC Athenian democracy, harnessing extraordinary financial and physical resources, even in causes that were tragic, despicable, or ultimately misguided. But did the Greeks of that era, ordinary men and women, actually see the world as we modern Westerners do … in ways that Nisbett and his colleagues now claim to distinguish in the lab?

I have my doubts.

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Epstein — The Big Picture

[cross-posted on Albion’s Seedlings]

Epstein, E.J., The Big Picture: Money and Power in Hollywood, Random House, 2005.

If your last visit to the cinema was a disappointing mix of overpriced tickets and salt-and-sugar concession snacks, followed by a postage stamp theatre blaring rock music, 15 minutes of advertising, with sticky floors and oafs talking on their cell phones during the feature film, you’re not alone. And if you felt that the movies on offer were only suitable for teenagers, antinomians, and nihilists, you were correct. They were made that way on purpose.

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