Category Archives: Economy/Econnomics

BRILLIANT AND DEVASTATING ASSESSMENT

First, a note about the cover design. The photo does not do it justice, but this is a beautiful and provocative cover. It is truly a work of art.

Kotkin’s book only has 172 pages of text, but it is not a quick read. This is hardly due to a lack of lucid writing. Indeed, the book is written in a very lucid manner. The reason it is not a quick read, or at least should not be a quick read, is that Kotkin packs so much in for the reader to consider.

In a nutshell, this book does a brilliant job at detailing the forces that are hollowing out the middle class.

Yes, the text only is 172 pages, but Kotkin’s prodigious research into these issue yields almost 100 pages of endnotes.

Highly recommended!

HOW ADAM SMITH CAN CHANGE YOUR LIFE

How Adam Smith can Change Your Life is wise, insightful, entertaining, and well-written. How much more can you ask of a book?

I learned much about Adam Smith. If you think of Adam Smith as the fountainhead of capitalist greed, you will be surprised by his clarion call to virtue.

As a Christian, I believe Smith’s Deism and glad embrace of the Enlightenment made him too optimistic about the potential of humans to do good. I certainly believe all humans, irrespective of religion, can do good because all people are created in the image of God. And Smith believed that humans do very bad things, but I think he was a bit naïve about the penchant of all us to do things that are destructive and yes, irrational.

How Adam Smith can Change Your Life is a great read and one that I highly recommend!