All posts filed under: Political Economy

Glass House: The 1% Economy and the Shattering of the All-American Town (Brian Alexander)

Private equity has made me rich beyond the dreams of avarice. Yet private equity can be, as this book shows, a tool of the devil, a corrosive and destructive force in American life. Still, I do not think the story is as simple as Brian Alexander, the author of Glass House, would have it. The town in which he grew up, and which he profiles here—Lancaster, Ohio—has fallen far from its glory days, as have hundreds of similar towns across America. But the responsibility for that lies not just with the shady private equity companies that looted its largest employer, glass manufacturer Anchor Hocking, or with other elements of our rotten ruling class. It also lies with all of us, who bear more than some responsibility for the degradation of our towns, and of ourselves.

The Market Gardener: A Successful Grower’s Handbook for Small-Scale Organic Farming (Jean-Martin Fortier)

My barn has a split personality. On one side, you may not be surprised to learn, dusty in the gloom, carefully organized and stacked, are defensive implements of war, slumbering until the day of judgment. On the other side are implements of agriculture, for I also aspire, in the now, to be a peaceful gentleman farmer. That is, not a profit-making farmer, or even a farmer who sells anything, but someone who enjoys being outdoors and learning how to grow plants and husband animals (and bees). As I expand from simple garden plots to acre-plus growing, I turned to this book to expand my knowledge. I got what I was looking for, and I also was inspired to think about two closely-related topics: modern farming practices and fat people.

Retrotopia (John Michael Greer)

What will the future look like? Not much like our stupid present, certainly, but complaining about the present is easy, while offering a coherent positive vision of the future is hard—especially given the degradation of our present. Yes, the Age of Ideology is over, though its zombie corpse may stumble through the brambles of reality for a few more years, until someone shoots it in the head. But what will replace it will be an organic thing, its exact form hard to predict. In Retrotopia, John Michael Greer narrates an optimistic vision of a renewed America, or part of America. It’s fiction, but it inspires a variety of thoughts, among them a topic of great importance to both Greer and me: is technological progress the enemy of tomorrow’s human flourishing, or its ground?

The Feminine Mystique (Betty Friedan)

In their eternal quest to remake reality, a perennial target of the Left is the family: man, woman, and children, the bedrock of all human societies. The family, by its existence and by what it brings forth, mocks the Left project, and so the Left has tried to destroy it for 250 years. But only in the twentieth century did this effort gain real traction, when our elites became converts to the fantasy that sex roles as they existed were artefacts of oppression, not organic reality. What followed was mass indoctrination in falsehoods about men and women, in which this infamous book played a key role. If you see a sad wine aunt (they are all sad), and you see them everywhere, you see a small part of the resulting social wreckage.

Apocalypse Never: Why Environmental Alarmism Hurts Us All (Michael Shellenberger)

Whenever, which is often, I see in the media that “experts say . . . ,” I immediately assume what follows is lies. The utter tone-deafness of using this locution, given that many, if not most, people assume as I do, amazes me. Or it did, until I realized it isn’t actually propaganda. Rather, for the media, the mouthpiece of the Left, the invocation of supposed experts has become an incantation, one that wholly substitutes for reason and by its magic keeps at bay the night, dark and full of terrors. Michael Shellenberger’s Apocalypse Never is a counter-spell, a book-length evisceration of environmental “experts,” and although it will have no impact on true believers in the religion of environmental apocalypticism, it strengthens resistance to the alarmists’ war against humanity.

The Soul of an Entrepreneur: Work and Life Beyond the Startup Myth (David Sax)

The “why” of entrepreneurship varies by entrepreneur. My core “why” is money. I want, and have always wanted, money, for what money can do. Whether that is avarice, or wisdom, or both, we can discuss another day. No surprise, in the 1980s song by The Nails, “88 Lines About 44 Women,” one of the couplets has always resonated with me: “Kathleen’s point of view was this / Take whatever you can grab.” Along similar lines, when asked what the mission statement of my company is, I like to respond, entirely accurately and completely, “To put sweet cash in the pocket of Charles.” I am consistent, at least.

When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany (Adam Fergusson)

Inflation, like most society-wide monetary happenings, is always complex and often incompletely grasped. At least this is true of its causes; of its effects, most of all its social effects, there is now little doubt. We learned much about inflation during the twentieth century, when the advent of permanent fiat money made hyperinflation possible for the first time. But as this book shows, the infamous German hyperinflation of 1923 was poorly understood by those who lived through it. And whatever we understand now, the past several years, and in particular the past few months, have demonstrated that we still often ignore what we know. When Money Dies shows what happens when reality reasserts itself. It’s not pretty.

Lee Kuan Yew: The Grand Master’s Insights on China, the United States, and the World (Graham Allison)

For Americans who think that so-called liberal democracy is neither, and in any case is a dead end, successful modern societies with a different political model always intrigue. In the West, notable such are Hungary and Poland, who have effectively executed a mild and tentative turn away from the most extreme vices of liberal democracy, though there is a long way to go. Singapore, which has apparently successfully blended economic success, certain virtues, and limited democracy, offers another possible model, one with a longer track record. Unfortunately, Singapore’s example is of very limited use to a future well-run America, and this book of the thoughts of Lee Kuan Yew, who built modern Singapore, helps show why.

The Beekeeper’s Lament: How One Man and Half a Billion Honey Bees Help Feed America (Hannah Nordhaus)

As befits one who seeks to be a man of wealth and taste (if I have to choose between them, the former), I aspire to live on a vast estate, leading the life of a gentleman farmer. That doesn’t seem to be the immediate future, but we do have enough land to keep some chickens and grow some apples. This year, we are planning to add some honeybees, so I figured I should educate myself before taking the first concrete steps. The Beekeeper’s Lament, a 2010 book by Hannah Nordhaus, which combines talk of bees and beekeeping with modest philosophy about both, seemed like a good place to start. I was not disappointed—I learned a lot, and I also found food for thought about modern agricultural and eating practices.

Ages of Discord: A Structural-Demographic Analysis of American History (Peter Turchin)

I am skeptical of those who predict the future by looking at the past. It’s not that history follows a random walk, like the stock market. Quite the contrary—it is easy to show certain patterns in history. But predicting how and when those patterns will yield any particular result in any given society seems like astrology. Peter Turchin, however, offers a very convincing, and very well-supported, tying of patterns to data. I’m still not sure it’s not astrology, but I’m half convinced. And this is a good book to read in January 2020—because right now is when Turchin predicts, in America, the swelling discord of the title.