Books

Book Review: Range by David Epstein

What is the best way to pursue excellence? Should you focus all your time, energy, and attention on a single pursuit? Or would it be wiser to dabble in several before committing to one? In his book Range: Why Generalists Triumph in a Specialized World — an instant New York Times bestseller — David Epstein digs into the evidence looking for answers. A former Sports Illustrated staffer, Epstein begins in familiar territory, comparing the stories of two elite athletes: Tiger Woods, the golf champion, and Roger Federer, the tennis star. Woods was practically born with a golf club in his hands and was encouraged by his parents to go all in when they recognised his precociousness; Federer tried out a number of sports — swimming, skiing, skateboarding — before committing to tennis. So which method is best, the Roger or the Tiger? Epstein makes a strong case for the Roger. Research shows that “it takes time — and often forgoing a head start — to develop personal and professional range, but it is worth it,” Epstein writes. Furthermore, “highly credentialed experts can become so narrow-minded that they actually get worse with experience, even while becoming more confident — a dangerous combination.” In true generalist fashion, Epstein examines several disciplines to support his argument, highlighting exemplars from art, science, education, and business. For example, Nintendo’s all-time most influential video-game innovator, Gunpei Yokoi, had no specific life plans when he took the job. His advantage emerged from his experiences as a hobbyist, inventor, and tinkerer. Epstein also advocates for late bloomers, among them Vincent van Gogh, who only started painting in earnest at age thirty-three, and former Girl Scouts CEO Frances Hesselbein, whose professional career began when she was in her mid-fifties. Though Epstein’s defense of dabbling is convincing, he also shows us that the approach doesn’t work equally […]

Book Review: Caledonian Road by Andrew O’Hagan

From the author of Mayflies, an irresistible, unputdownable, state-of-the-nation novel – the story of one man’s epic fall from grace. May 2021. London.Campbell Flynn – art historian and celebrity intellectual – is entering the empire of middle age. Fuelled by an appetite for admiration and the finer things, controversy and novelty, he doesn’t take people half as seriously as they take themselves. Which will prove the first of his huge mistakes. The second? Milo Manghasa, his beguiling and provocative student. Milo inhabits a more precarious world, has experiences and ideas which excite his teacher. He also has a plan.Over the course of an incendiary year, a web of crimes and secrets and scandals will be revealed, and Campbell Flynn may not be able to protect himself from the shattering exposure of all his privilege really involves. But then, he always knew: when his life came tumbling down, it would occur in public. A brilliant state-of-the-nation novel that pulls down the facades of high society, and knocks over the ‘good liberal’ house-of-cards. O’Hagan is not only a peerless chronicler of our times, but has other gifts – of generosity, humour and tenderness.

An exposé of whatever-it-takes culture, Eric Beecher’s The Men Who Killed the News is an idealistic book for the times

Denis Muller, Senior Research Fellow, Centre for Advancing Journalism, The University of Melbourne Disclosure statement Denis Muller was a colleague of Eric Beecher’s at The Sydney Morning Herald in the 1980s. Eric Beecher is a rare beast: a combination of journalist, media owner and idealist. In 1984, aged 33, he became the youngest-ever editor of the Sydney Morning Herald and he has worked around the world as a journalist. He is currently chair and the largest shareholder in Private Media, owner of several Australian news websites, including Crikey. With The Men Who Killed the News, he has produced a book that is at once a cry of indignation at the media’s abuse of power and an attempt to chart a future for journalism. The cry of indignation comes first. In a pacey compression of press history going back to the late 19th century, Beecher vividly illustrates how newspaper moguls from William Randolph Hearst in the 1880s to Rupert Murdoch today have cynically debased the profession of journalism in pursuit of wealth and power. He draws on a wide range of histories, creating a kind of one-stop shop for the reader who wishes to understand how public trust in the media has eroded to the point where Donald Trump is able to make the “fake news” label stick. The men who killed the news belong to two technological ages. The first belong to the age of industrialisation, which enabled the rapid daily production of tens of thousands of newspapers and the creation of a vast monopoly on public access to news and information. These men include not just Hearst and Murdoch, but Joseph Pulitzer, Henry Luce and A.O. Sulzberger in the United States, and Lords Beaverbrook, Rothermere and Northcliffe in Britain. The second belong to the age of the digital revolution, which has created two behemoths whose power is greater by several orders of magnitude […]

Succession: Is a business plan important?

Maybe Aaron Sorkin should have written the Succession script…it might have made more sense! So…I finally got round to watching Succession, to see what it was all about and why so many people seemed to like it. Basing it on the Murdochs is a bit of a stretch, but a great idea if the show’s aim was to make mega-bucks and gain maximum attention. A great PR exercise. The Roy family is not the one to invite to a dinner party. They are so totally obsessed with themselves and I doubt they know what is going on in the (real) world. They dont do a skerric of work and I am yet to hear any conversations based on media at all – unless they are considering a takeover bid. No subject matter is discussed, and the reason their empire exists is non-existent. The Roy children – Shiv, Ronan and Keenan are not family friendly. Sure Keenan has children, but hardly engages with them. The other two self-important ones, Shiv and Ronan, are too pre-occupied with themselves to breed. The father, Logan Roy, doesn’t know what he is doing and doesn’t understand why his children can’t cope and why things aren’t going well. He tells the kids ‘you are not serious people’. Why does the agent provocateur mirror the image? Succession is a nightmare! At least with the Murdochs there is structure, business being done, some of it not pretty. Media companies can be in love with themselves. They dish up content they expect readers to pay for, because they see their message as important for the world to continue to go round in circles. As they make money. Maybe, just maybe, Eric Beecher’s new book, The Men Who Killed the News, can confirm or deny the above. -Doug Green

Review: The Men Who Killed The News

Crikey owner and ex-News Corp and Fairfax editor lifts the lid on the abuse of power by media moguls – from William Randolph Hearst to Elon Musk – and on his own unique experience of working for (and being sued by) the Murdochs. What’s gone wrong with our media? The answer: its owners. From William Randolph Hearst to Elon Musk, from the British press barons to colonial upstarts Conrad Black and Rupert Murdoch, media proprietors have manipulated the news to accumulate wealth and influence as they meddled with democracy. Eric Beecher knows the news business from bottom to top. He has been a journalist, editor and media proprietor (of Text Media and Crikey), with the rare distinction of having both worked for and been sued (unsuccessfully) by the Murdochs. This book reveals the distorted role of the media moguls of the past two centuries: their techniques, strategies, behind-closed-doors machinations, and indulgent lifestyles. It explains how they have exploited the shield of the freedom of the press to undermine journalism – and truth. In an era of fake news, AI and misinformation, this is democracy’s chillingly important story: how a small coterie of flawed and narcissistic moguls created a shadow of power that has contributed to making the media an agent of mistrust.

Review: The Power Broker

By Robert A. Caro Everywhere acknowledged as a modern American classic, winner of the Pulitzer Prize, and chosen by the Modern Library as one of the hundred greatest books of the twentieth century. The Power Broker is a huge and galvanising biography revealing not only the saga of one man’s incredible accumulation of power, but the story of the shaping (and mis-shaping) of New York in the twentieth century. Robert Caro’s monumental book makes public what few outsiders knew: that Robert Moses was the single most powerful man of his time in the City and in the State of New York. And in telling the Moses story, Caro both opens up to an unprecedented degree the way in which politics really happens-the way things really get done in America’s City Halls and Statehouses.- But The Power Broker is first and foremost a brilliant multidimensional portrait of an extraordinary man who, denied power within the normal framework of the democratic process, stepped outside that framework to grasp power sufficient to shape a great city and to hold sway over the very texture of millions of lives. We see how Moses began: the handsome, intellectual young heir to the world of Our Crowd, an idealist. How, rebuffed by the entrenched political establishment, he fought for the power to accomplish his ideals. How he first created a miraculous flowering of parks and parkways, playlands and beaches-and then ultimately brought down on the city the smog-choked aridity of our urban landscape, the endless miles of (never sufficient) highway, the hopeless sprawl of Long Island, the massive failures of public housing, and countless other barriers to humane living. How, inevitably, the accumulation of power became an end in itself. Moses built an empire and lived like an emperor. He was held in fear-his dossiers could […]

Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall

This is a book about where believers in Effective Altruism (EA), a philosophy for maximising the utility a person has, are coming from. If you can earn substantial money by working in finance, runs the argument, then rather than (for example) training as a doctor and benefitting society directly, you should earn the cash and then donate it to hire mutiple doctors. The theory: make safe, reliable money selling shoves and then use it for good works. Was it all just a confidence game of epic proportions? In 2021 cryptocurrency went mainstream. Giant investment funds were buying it; celebrities like Tom Brady endorsed it; and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, Bloomberg investigative reporter, Zeke Faux, had a nagging feeling: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year, globe-spanning quest to understand the wizards behind the world’s new financial machinery. Faux’s investigation would lead him to a schlubby, frizzy-haired twenty-nine-year-old named Sam Bankman-Fried (SBF for short) and a host of other crypto scammers, utopians, and overnight billionaires. Faux follows the trail to a luxury resort in the Bahamas, where SBF boldly declares that he will use his crypto fortune to save the world. Faux talks his way onto the yacht of a former child actor turned crypto impresario and gains access to “ApeFest,” an elite party headlined by Snoop Dogg, by purchasing a $20,000 image of a cartoon monkey. In El Salvador, Faux learns what happens when a country wagers its treasury on Bitcoin, and in the Philippines, he stumbles […]

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Power Up: An Engineer’s Adventures into Sustainable Energy

We rarely think about the energy systems that prop up our existence. With hot water, lighting and digital entertainment all available at the flick of a switch, it’s easy to underestimate the vast global network that makes these things possible. Growing up in Iraq, Yasmin Ali regularly experienced power cuts – ironic for a country rich in oil and sunshine. Now as an engineer working in energy, Yasmin has a deep appreciation for what these resources mean for our lives. In Power Up she takes us on a journey across the globe to reveal the bigger picture, from solar farms shimmering in the desert to power stations hidden deep in the mountains. We discover where we get energy from, how it is moved and used around the world – and why we need to understand the whole system if we want to transition towards a clean, green future. Power Up is a definitive picture of the intricate world that humanity has built, and a rallying cry to face the challenges of climate change using the power at our fingertips.

Review: Burn Book – A Tech Love Story

From award-winning journalist Kara Swisher comes a witty, scathing, but fair accounting of the tech industry and its founders who wanted to change the world but broke it instead. Part memoir, part history, Burn Book is a necessary chronicle of tech’s most powerful players. This is the inside story about modern Silicon Valley and the biggest boom in wealth creation in the history of the world. When tech titans crowed that they would “move fast and break things,” Kara Swisher was moving faster and breaking news. While covering the explosion of the digital sector in the early 1990s, she developed a long track record of digging up and reporting the facts about this new world order. Her consistent scoops drove one CEO to accuse her of “listening in the heating ducts” and prompted Facebook’s Sheryl Sandberg to once observe: “It is a constant joke in the Valley when people write memos for them to say, ‘I hope Kara never sees this.” While still in college, Swisher got her start at The Washington Post, where she became one of the few people in journalism interested in covering the nascent Internet. She went on to work for The Wall Street Journal, joining with Walt Mossberg to start the groundbreaking D: All Things Digital conference, as well as pioneering tech news sites. Swisher has interviewed everyone who matters in tech over three decades, right when they presided over an explosion of world-changing innovation that has both helped and hurt our world. Steve Jobs, Jeff Bezos, Elon Musk, Bill Gates, Sheryl Sandberg, Bob Iger, Larry Page and Sergey Brin, Meg Whitman, Peter Thiel, Sam Altman, and Mark Zuckerberg are just a few whom Swisher made sweat—figuratively and, in Zuckerberg’s case, literally. Despite the damage she chronicles, Swisher remains optimistic about tech’s potential to help solve problems and not just create them. […]

The Road to Freedom: Economics and the Good Society

A major reappraisal, by Joseph Stiglitz, the Nobel-prizewinning economist, of the relationship between capitalism and freedom. Despite its manifest failures, the narrative of neoliberalism retains its grip on the public mind and the policies of governments all over the world. By this narrative, less regulation and more ‘animal spirits’ capitalism produces not only greater prosperity, but more freedom for individuals in society – and is therefore morally better. But, in The Road to Freedom Stiglitz asks, whose freedom are we – should we be – thinking about? What happens when one person’s freedom comes at the expense of another’s? Should the freedoms of corporations be allowed to impinge upon those of individuals in the ways they now do? Taking on giants of neoliberalism such as Hayek and Friedman and examining how public opinion is formed, Stiglitz reclaims the language of freedom from the right to show that far from ‘free’ – unregulated – markets promoting growth and enterprise, they in fact reduce it, lessening economic opportunities for majorities and siphoning wealth from the many to the few – both individuals and countries. He shows how neoliberal economics and its implied moral system have impacted our legal and social freedoms in surprising ways, from property and intellectual rights, to education and social media. Stiglitz’s eye, as always, is on how we might create the true human flourishing which should be the great aim of our economic and social system, and offers an alternative to that prevailing today. The Road to Freedom offers a powerful re-evaluation of democracy, economics and what constitutes a good society—and provides a roadmap of how we might achieve it.

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