April reads (yes, another month has flashed past)

It’s been a busy, busy academic year so it seems I’m only managing monthly round-ups here at the moment. A little more though on two books i’ve read in the past few days.

One was Mark Fabian’s Beyond Happy. Mark, who was a postdoc with us and is now an associate prof at Warwick University, is a true academic expert on wellbeing. He has a definitive recent scholarly book on this A Theory of Subjective Wellbeing. Beyond Happy is aimed at general readers, and is a lovely book. It refers to the literature in philosophy, psychology and economics to offer practical advice – not ‘how to be happy’, but how to make sure your life is meaningful, full of purpose, rewarding: “Wellbeing is about living a pleasant, fulfilling and valuable life. In recent decades we’ve been too narrowly fixated on the pleasant part, and an a crude way too. We’ve gone in for materialism, hedonism and tranquillity.” He also emphasises – in contrast to the dreadful ‘wellness’ industry – that wellbeing is a social phenomenon. Relationships and community make a huge difference. The book is a bit denser than the typical self-help book because it does synthesise the academic literature, but is correspondingly more rewarding.

The other was Markus Gabriel’s Doing Good. I encountered Markus at several workshops in Oxford and Hamburg in recent years as he developed his arguments that “the business of business is doing good.” The book advocates for ‘ethical capitalism’, with a chief philosopher or ethics officer in every business, having the same board status as the finance director. And extending the vote to children so the voice of the future is better represented in democracies. For my tastes, the book is too utopian, focused as it is on why societies need ethical capitalism rather than how they might get there. I tried to imagine how I’d react to its arguments if I were a troglodyte Milton Friedman-loving, greed is good, free marketeer; and am not sure it would make a dent in my certainties. Still, it’s an elegantly argued book that might provide woolly-liberal me with some ammunition.

Other reads this month:

Three state of the nation books – I’ve reviewed them for the FT in the near future – The Land Where Nothing Works by A.G. Hopkins, Challenging Inequalities by Paul Johnson, and Yesterday: the United Kingdom from Thatcher to Covid by Brian Harrison

Holiday reads with the family in Whitstable:

Number Go Up by Zeke Faux – very funny (sceptical) perspective on the crypto world

Death in the East by Abhir Mukerjee – another in this excellent detective series set in India as the independence struggle heats up

Down Cemetary Road – Mick Herron’s first novel.

Careless People by Sarah Wynn Williams. I was late to this whistleblower’s account of what it’s like inside Meta. Eyebrow raising.

Death of an Ordinary Man by Sarah Perry – a beautiful reflection on death, and life, as she recounts her father-in-law’s last days

And since then:

Tyll by Daniel Kehlmann – odd novel set in 15th century Germany, but compelling

The Playbook by James Shapiro – history of the Federal Theatre Project in the New Deal, and its downfall

Silent Voices by Ann Cleves – a Vera novel, just what I needed one exhausted evening. Though I found this less well-written than some of her others in the series.

IMG_7411Whitstable – a great place to read on holiday

March reading

Another month, another quick catch-up post. And actually I’ve read very few books by my normal standards.

One was a re-read, The Infinite Alphabet by Cesar Hidalgo, as I was ‘in conversation’ with him at Waterstones in Cambridge. It’s a very clear and readable explanation of complexity economics, with loads of vivid examples. I like the complexity approach: it has strong explanatory power empirically, and Cesar has got a long way in developing the underpinning theory. He and I also did a Crossing Channels podcast on the book a little while ago. I’d recommend this as a complement to current debates about industrial policy and the supply side of the economy.

Another work(ish) read was Everything Was Forever, Until it Was No More by Alexei Yurchak. I’d been looking forward to this. It’s about the paradox that Soviet citizens did not expect the end of communism and fall of the USSR but were not surprised when it happened. There are great chapters describing what it was like being a member of Komsomol, for example, living the doublespeak. Unfortunately the core of the book is bookended with critical theory/linguistics, which is so hard for me to read.

Non-work reading:

Suspicion by Seichi Matsumoto – rather dark.

Flesh by David Szalay. Don’t bother. This one got me (internally) ranting about why the Booker Prize winners have become so terrible. I couldn’t finish Orbital because it was soooooo dull, and didn’t bother finishing this one either because I didn’t care at all about what happened to anyone. Prophet Song was the only recent Booker winner I rated – couldn’t put it down. Meanwhile recent Nobel prizewinners have been fantastic – Han Kang, Olga Tokarczuk, Abdulrzak Gurnah, Laszlo Krasznahorkai etc.

Perspectives by Laurent Binet. Wonderful. An epistolary novel featuring 16th century Florentine painters and the murder of a fresco-painter. Very clever. Yes, the solution depends on a shift in perspective.

Hopefully, back to normal reading now as term is over. I’m also going to be reviewing a trio of books about the UK economy for the FT so need to crack on with those.

Meanwhile, here are some beautiful spring tulips.

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February catch-up

Somehow a whole month scooted by, so this is another round-up post. I read a lot as I was travelling a lot, but wrote little as I also had a big end of month deadline (met just in time).

When the Clock Broke by John Ganz – a good, sobering, read about the deep roots (in Reaganite economic policies as well as loder traditions of white supremacy) of the polarisation of American politics. It tells the tale through a focus on the growing extremist politics of characters like David Duke, Pat Buchanan and Ross Perot.

War and Power by Phillips O’Brien – sent to me by an historian friend. A persuasive framework for understanding how (not to) win wars. My main takeaway was that planning and logistics matter above all else, along with the capacity of the domestic economy to produce what’s needed. Battles – not so much. Mr Hegseth has obviously not read this book.

What Is Intelligence? by Blaise Aguera Y Arcas. I read this very quickly when it first came out and have just re-read it, having picked up a copy at Social Science FOO in Mountain View. Super-interesting, ranging from quantum physics through neuroscience to AI. Lots of great facts I didn’t know (who knew bees could recognise human faces?). But also a thought-provoking argument about the unity of how intelligence evolves across the universe – including AI. I don’t know if I’m completely persuaded, but it has made me pause.

Accounting for Capitalism by Michael Zakim. This is an enjoyable history mainly about the growth of the clerical class in 19th and early 20th century America. It also touches on the technologies of book-keeping and the growth of statistics.

How Data Happened by Chris Wiggins & Matthew Jones. This would be a good introduction for students to the history of statistics from Quetelet on, and to the role of data today and the ethical issues raised by its use. For me, not a lot new here.

I also re-read How Reason Almost Lost Its Mind: The Strange Career of Postwar Rationality, written by a group of academics out of a workshop on the postwar elevation of rational calculation as the basis for policy. It’s interesting but rather superseded by Elizabeth Popp Berman’s Thinking Like An Economist and Jill Lepore’s If Then.

Non work reads:

Nonesuch by Francis Spufford – a new novel by Francis Spufford is always an occasion. I enjoyed it, but it’s a bit odd.

Telling Tales Ann Cleves – one of the excellent Vera series.

The Lost Man of Bombay and City of Destruction Vaseem Khan – two of his detective novels featuring a unique female detective in 1950s Bombay.

Sybil & Cyril by Jenny Uglow – I love her writing but didn’t care much about these two characters in the end

The Afghans by Asne Seierstadt and The Finest Hotel in Kabul by Lyse Doucet – accidentally ended up reading two histories of Afghanistan, both a bit grim. I much preferred the Lyse Doucet one except for the quirk that she refers to herself in the third person – but one could trust that she knows the people she writes about.

In Extremis by Tim Parks – no, don’t bother. Unlikeable main character, not at all funny despite its billing. A shame, as I’ve enjoyed other books by him.

The Garden Against Time by Olivia Laing – a lovely read, about creating a garden in a new home in covid-times and in the face of environmental change.

 

January hibernation reading – a catch-up

Where did January go? Just as well it’s over, as the worst month of the year. Still, I have read a few things. So this is a quick catch up post.

Post Wall, Post Square by Kristina Spohr was recommended by someone on BlueSky and I had high hopes, thinking it would do for the world what Tony Judt’s magnificent Postwar had done for Europe – that is, extend the focal length so the reader can understand what things are going on at the same time. It failed this test as the inclusion of China (and any other part of the world) was minimal. The book is all about the end of the Cold War in Europe. But it was even so fascinating to read all the detail about the European events of 1989 -1992. And the concern of George Bush to keep the US at the centre of the emerging order reads as rather poignant now.

38 Londres Street by Philippe Sands, about the Pinochet arrest, is completely gripping – despite being about the international law regarding whether or not (former) heads of state can be arrested. Good to understand the legal context here, just in case.

I really liked The Happiness of Dogs by Mark Rowland. It’s actually a philosophy book and – as they all do – disappears up its own fundament from time to time. But it’s funny and readable, and makes the persausive argument that dogs are better existentialists than humans will ever be. To be read alongside At the Existentialist Cafe.

I reread a book I spotted on my shelf, How Reason Almost Lost Its Mind by a group of authors looking at different aspects of the spread of linear programming and ‘economic’ rationality in the US in the early cold war decades. Interesting indeed, but slightly overshadowed by now by Jill Lepore’s If Then and Elizabeth Popp Berman’s Thinking Like An Economist.

Otherwise, I read some Tom Stoppard plays Santa Claus had put in my Xmas stocking, and a new crime author, Vaseem Khan, Midnight At Malabar House – a female detective in post-independence Mumbai.

 

And the 2025 winner is…

It’s always a difficult choice, selecting the winner of the annual Enlightened Economist prize. After pondering it for a few days, I’m going for Innovation in Real Places by Dan Breznitz: not everywhere can be like Silicon Valley, but that’s ok. There are other routes places can take, depending on where they are starting from.

71ZRtLC-muL._AC_UY436_QL65_An additional read is a recent article Prof Breznitz co-authored with Jane Gingrich in the Annual Review of Political Science, with some nice insights about the political economy of industrial policy.

I don’t know Prof Breznitz but if he comes across this and would like to take me up on the prize lunch at some point, it would be a pleasure to meet him.