The Tragic Science

The Tragic Science
Author: George F. DeMartino
Publisher: University of Chicago Press
Total Pages: 278
Release: 2022-07-26
Genre: Business & Economics
ISBN: 0226821242

A forceful critique of the social science that has ruled—and damaged—the modern world. The practice of economics, as economists will tell you, is a powerful force for good. Economists are the guardians of the world’s economies and financial systems. The applications of economic theory can alleviate poverty, reduce disease, and promote sustainability. While this narrative has been successfully propagated by economists, it belies a more challenging truth: economic interventions, including those economists deem successful, also cause harm. Sometimes the harm is manageable and short-lived. But just as often the harm is deep, enduring, and even irreparable. And too often the harm falls on those least able to survive it. In The Tragic Science, George F. DeMartino says what economists have too long repressed: that economists do great harm even as they aspire to do good. Economist-induced harm, DeMartino shows, results in part from economists’ “irreparable ignorance”—from the fact that they know far less than they tend to believe they know—and from disciplinary training that treats the human tolls of economic policies and interventions as simply the costs of promoting social betterment. DeMartino details the complicated nature of economic harm, explores economists’ frequent failure to recognize it, and makes a sobering case for professional humility and for genuine respect for those who stand to be harmed by economists’ practice. At a moment in history when the economics profession holds enormous power, DeMartino’s work demonstrates the downside of its influence and the responsibility facing those who practice the tragic science.

The Tragic Science

The Tragic Science
Author: George F. DeMartino
Publisher: University of Chicago Press
Total Pages: 278
Release: 2022-07-26
Genre: Business & Economics
ISBN: 0226821234

The tragic science. The tragedy of economics ; Economic paternalism, heroic economics ; Harm's complexity -- The origins of econogenic harm. The unevenness of econogenic impact ; The specter of irreparable ignorance ; Counterfactual fictions in economic explanation and harm assessment -- Economic moral geometry. Managing harm via economic moral geometry ; Moral geometry: An assessment ; Beyond moral geometry: interests, social harm, capabilities -- Confronting econogenic harm responsibly. Economic harm profile analysis ; Decision making under deep uncertainty ; Conclusion: from reckless to responsible economics.

Science and the Good

Science and the Good
Author: James Davison Hunter
Publisher: Yale University Press
Total Pages: 307
Release: 2018-01-01
Genre: Philosophy
ISBN: 0300196288

Why efforts to create a scientific basis of morality are neither scientific nor moral In this illuminating book, James Davison Hunter and Paul Nedelisky trace the origins and development of the centuries-long, passionate, but ultimately failed quest to discover a scientific foundation for morality. The "new moral science" led by such figures as E. O. Wilson, Patricia Churchland, Sam Harris, Jonathan Haidt, and Joshua Greene is only the newest manifestation of that quest. Though claims for its accomplishments are often wildly exaggerated, this new iteration has been no more successful than its predecessors. But rather than giving up in the face of this failure, the new moral science has taken a surprising turn. Whereas earlier efforts sought to demonstrate what is right and wrong, the new moral scientists have concluded, ironically, that right and wrong don't actually exist. Their (perhaps unwitting) moral nihilism turns the science of morality into a social engineering project. If there is nothing moral for science to discover, the science of morality becomes, at best, a feeble program to achieve arbitrary societal goals. Concise and rigorously argued, Science and the Good is a definitive critique of a would-be science that has gained extraordinary influence in public discourse today and an exposé of that project's darker turn.

Book Review

Book Review
Author: Tomasz Kwarcinski
Publisher:
Total Pages: 0
Release: 2023
Genre:
ISBN:

This paper discusses the book "The tragic science: how economists cause harm (even as they aspire to do good)" by M. George F. DeMartino. The Author criticizes the moral geometry used by economists to evaluate harm, arguing for a more multifaceted understanding of harm that considers epistemic uncertainty. While the book under review lacks a systematic study of the moral dimension of harm, the Author's versatility and scholarship are admirable, making it an inspiring read for both casual readers and professionals in economics and philosophy.

Deaths of Despair and the Future of Capitalism

Deaths of Despair and the Future of Capitalism
Author: Anne Case
Publisher: Princeton University Press
Total Pages: 332
Release: 2021-03-02
Genre: Business & Economics
ISBN: 0691217068

A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.

Toms River

Toms River
Author: Dan Fagin
Publisher: Bantam
Total Pages: 562
Release: 2013-03-19
Genre: Science
ISBN: 0345538617

WINNER OF THE PULITZER PRIZE • Winner of The New York Public Library’s Helen Bernstein Book Award • “A new classic of science reporting.”—The New York Times The riveting true story of a small town ravaged by industrial pollution, Toms River melds hard-hitting investigative reporting, a fascinating scientific detective story, and an unforgettable cast of characters into a sweeping narrative in the tradition of A Civil Action, The Emperor of All Maladies, and The Immortal Life of Henrietta Lacks. One of New Jersey’s seemingly innumerable quiet seaside towns, Toms River became the unlikely setting for a decades-long drama that culminated in 2001 with one of the largest legal settlements in the annals of toxic dumping. A town that would rather have been known for its Little League World Series champions ended up making history for an entirely different reason: a notorious cluster of childhood cancers scientifically linked to local air and water pollution. For years, large chemical companies had been using Toms River as their private dumping ground, burying tens of thousands of leaky drums in open pits and discharging billions of gallons of acid-laced wastewater into the town’s namesake river. In an astonishing feat of investigative reporting, prize-winning journalist Dan Fagin recounts the sixty-year saga of rampant pollution and inadequate oversight that made Toms River a cautionary example for fast-growing industrial towns from South Jersey to South China. He tells the stories of the pioneering scientists and physicians who first identified pollutants as a cause of cancer, and brings to life the everyday heroes in Toms River who struggled for justice: a young boy whose cherubic smile belied the fast-growing tumors that had decimated his body from birth; a nurse who fought to bring the alarming incidence of childhood cancers to the attention of authorities who didn’t want to listen; and a mother whose love for her stricken child transformed her into a tenacious advocate for change. A gripping human drama rooted in a centuries-old scientific quest, Toms River is a tale of dumpers at midnight and deceptions in broad daylight, of corporate avarice and government neglect, and of a few brave individuals who refused to keep silent until the truth was exposed. NAMED ONE OF THE BEST BOOKS OF THE YEAR BY NPR AND KIRKUS REVIEWS “A thrilling journey full of twists and turns, Toms River is essential reading for our times. Dan Fagin handles topics of great complexity with the dexterity of a scholar, the honesty of a journalist, and the dramatic skill of a novelist.”—Siddhartha Mukherjee, M.D., author of the Pulitzer Prize–winning The Emperor of All Maladies “A complex tale of powerful industry, local politics, water rights, epidemiology, public health and cancer in a gripping, page-turning environmental thriller.”—NPR “Unstoppable reading.”—The Philadelphia Inquirer “Meticulously researched and compellingly recounted . . . It’s every bit as important—and as well-written—as A Civil Action and The Immortal Life of Henrietta Lacks.”—The Star-Ledger “Fascinating . . . a gripping environmental thriller.”—Kirkus Reviews (starred review) “An honest, thoroughly researched, intelligently written book.”—Slate “[A] hard-hitting account . . . a triumph.”—Nature “Absorbing and thoughtful.”—USA Today

The Tragic Sense of Life

The Tragic Sense of Life
Author: Robert J. Richards
Publisher: University of Chicago Press
Total Pages: 572
Release: 2008-11-15
Genre: Biography & Autobiography
ISBN: 0226712192

Prior to the First World War, more people learned of evolutionary theory from the voluminous writings of Charles Darwin’s foremost champion in Germany, Ernst Haeckel (1834–1919), than from any other source, including the writings of Darwin himself. But, with detractors ranging from paleontologist Stephen Jay Gould to modern-day creationists and advocates of intelligent design, Haeckel is better known as a divisive figure than as a pioneering biologist. Robert J. Richards’s intellectual biography rehabilitates Haeckel, providing the most accurate measure of his science and art yet written, as well as a moving account of Haeckel’s eventful life.

Genie

Genie
Author: Russ Rymer
Publisher:
Total Pages: 248
Release: 1993
Genre: Biography & Autobiography
ISBN:

As Genie began her life over with the rudiments - how to walk, how to chew, how to talk - her experience gave eloquent answer to those questions, and to a deeper mystery: what it means to be human.

The Uncommon Knowledge of Elinor Ostrom

The Uncommon Knowledge of Elinor Ostrom
Author: Erik Nordman
Publisher: Island Press
Total Pages: 258
Release: 2021-07-08
Genre: Nature
ISBN: 1642831557

In the 1970s, the accepted environmental thinking was that overpopulation was destroying the earth. Prominent economists and environmentalists agreed that the only way to stem the tide was to impose restrictions on how we used resources, such as land, water, and fish, from either the free market or the government. This notion was upended by Elinor Ostrom, whose work to show that regular people could sustainably manage their community resources eventually won her the Nobel Prize. Ostrom’s revolutionary proposition fundamentally changed the way we think about environmental governance. In The Uncommon Knowledge of Elinor Ostrom, author Erik Nordman brings to life Ostrom’s brilliant mind. Half a century ago, she was rejected from doctoral programs because she was a woman; in 2009, she became the first woman to win the Nobel Prize in Economics. Her research challenged the long-held dogma championed by Garrett Hardin in his famous 1968 essay, “The Tragedy of the Commons,” which argued that only market forces or government regulation can prevent the degradation of common pool resources. The concept of the “Tragedy of the Commons” was built on scarcity and the assumption that individuals only act out of self-interest. Ostrom’s research proved that people can and do act in collective interest, coming from a place of shared abundance. Ostrom’s ideas about common resources have played out around the world, from Maine lobster fisheries, to ancient waterways in Spain, to taxicabs in Nairobi. In writing The Uncommon Knowledge of Elinor Ostrom, Nordman traveled extensively to interview community leaders and stakeholders who have spearheaded innovative resource-sharing systems, some new, some centuries old. Through expressing Ostrom’s ideas and research, he also reveals the remarkable story of her life. Ostrom broke barriers at a time when women were regularly excluded from academia and her research challenged conventional thinking. Elinor Ostrom proved that regular people can come together to act sustainably—if we let them. This message of shared collective action is more relevant than ever for solving today’s most pressing environmental problems.