New Books in Big Ideas

What's the best way to determine what most voters want when multiple candidates are running? What's the fairest way to allocate legislative seats to different constituencies? What's the least distorted way to draw voting districts? Not the way we do things now. Democracy is mathematical to its very foundations. Yet most of the methods in use are a historical grab bag of the shortsighted, the cynical, the innumerate, and the outright discriminatory. Making Democracy Count: How Mathematics Improves Voting, Electoral Maps, and Representation (Princeton UP, 2024) sheds new light on our electoral systems, revealing how a deeper understanding of their mathematics is the key to creating civic infrastructure that works for everyone.In this timely guide, Ismar Volic empowers us to use mathematical thinking as an objective, nonpartisan framework that rises above the noise and rancor of today's divided public square. Examining our representative democracy using powerful clarifying concepts, Volic shows why our current voting system stifles political diversity, why the size of the House of Representatives contributes to its paralysis, why gerrymandering is a sinister instrument that entrenches partisanship and disenfranchisement, why the Electoral College must be rethought, and what can work better and why. Volic also discusses the legal and constitutional practicalities involved and proposes a road map for repairing the mathematical structures that undergird representative government.Making Democracy Count gives us the concrete knowledge and the confidence to advocate for a more just, equitable, and inclusive democracy. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

George Floyd's death on May 25th 2020 marked a watershed in reactions to anti-Black racism in the United States and elsewhere. Intense demonstrations around the world followed. Within literary studies, the demonstrations accelerated the scrutiny of the literary curriculum, the need to diversify the curriculum, and the need to incorporate more Black writers. Decolonizing the English Literary Curriculum (Cambridge UP, 2023), jointly edited by Professor Ankhi Mukherjee and Professor Ato Quayson, is a major collection that aims to address these issues from a global perspective. An international team of leading scholars illustrate the necessity and advantages of reform from specific decolonial perspectives, with evidence-based arguments from classroom contexts, as well as establishing new critical agendas. The significance of Decolonizing the English Literary Curriculum lies in the complete overhaul it proposes for the study of English literature. It reconnects English studies, the humanities, and the modern, international university to issues of racial and social justice.Arnab Dutta Roy is Assistant Professor of World Literature and Postcolonial Theory at Florida Gulf Coast University. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

We are on the verge of a major paradigm shift for investors in the U.S. stock market. Dividend-focused stock investing has been receding in popularity for more than three decades in the U.S.; once the dominant investment style, it is now a boutique approach. That is about to change.Daniel Peris' book The Ownership Dividend: The Coming Paradigm Shift in the U.S. Stock Market (Routledge, 2024) explains how and why the stock market drifted away from a mostly cash-based returns system to one almost completely driven by near-term share price movements. It details why the exceptional forces behind that shift―notably the 40-year drop in interest rates and the rise of buybacks―are now substantially exhausted. As a result, the U.S. market is poised for a return to the more typical business-like relationships observed in the private sector and in other mature markets around the world. While many market participants have profited from and become used to the way things have been in recent decades, savvy individual investors, financial advisors, and even institutional portfolio managers will want to position themselves to benefit from the reversion to cash-based investment relationships in the years ahead.This is a must-read book for financial advisors, institutional consultants, as well as engaged individual investors.Daniel Peris is Senior Vice President at Federated Hermes in Pittsburgh. He can be reached at DanielxPeris@gmail.com or via Twitter @HistoryInvestor. His "History and Investing" blog and "Keep Calm & Carry On Investing" podcast are here.John Emrich has worked for decades in corporate finance, investment management, and corporate strategy. He is an independent director on 9 mutual fund boards. Mr. Emrich has a podcast about the investment advisory industry called Kick the Dogma. Email: john@ktdpod.com. LinkedIn. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

Governments and consumers expect internet platform companies to regulate their users to prevent fraud, stop misinformation, and avoid violence. Yet, so far, they've failed to do so. The inability of platforms like Facebook, Google, and Amazon to govern their users has led to stolen elections, refused vaccines, counterfeit N95s in a pandemic, and even genocide. Such failures stem from these companies' inability to manage the complexity of their userbases, products, and their own incentives under the eyes of internal and external constituencies. In The Networked Leviathan: For Democratic Platforms (Cambridge UP, 2023), Paul Gowder argues that countries should adapt the institutional tools developed in political science for platform governance to democratize major platforms. Democratic institutions allow knowledgeable actors to freely share and apply their understanding of the problems they face while leaders more readily recruit third parties to help manage their decision-making capacity. This book is also available open access on Cambridge Core.Paul Gowder is Professor of Law and Associate Dean of Research and Intellectual Life at Northwestern University's Pritzker School of Law and a Founding Fellow of the Integrity Institute. He is the author of The Rule of Law in the Real World and The Rule of Law in the United States: An Unfinished Project of Black Liberation. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

In A United Ireland: Why Unification in Inevitable and How It Will Come About (Biteback Publishing, 2017), Kevin Meagher argues that a reasoned, pragmatic discussion about the most basic questions regarding Britain's relationship with its nearest neighbour is now long overdue, and questions that have remained unasked, and perhaps unthought, must now be answered. Indeed, in the light of Brexit and a highly probable second independence referendum in Scotland, the reunification of Ireland is not a question of if, but when and how.Listen to Meagher explain to Owen Bennett Jones why he thinks a united Ireland is inevitable and how he thinks it will happen.Kevin Meagher was a Special Adviser to former Labour Northern Ireland Secretary Shaun Woodward. He is the associate editor of the Labour Uncut blog and frequently writes about Irish politics for the New Statesman.Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

Listen to Episode No.4 of All We Mean, a Special Focus of this podcast. All We Mean is an ongoing discussion and debate about how we mean and why. The guests on today's episode are Bill Cope and Mary Kalantzis, professors at the University of Illinois. In this episode of the Focus, our topic is whether A.I. can mean.The short answer is yes, A.I. can mean... whatever we make it mean.For instance, ChatGPT does has access to text on certain kinds of subject matter, like, for example, the assembly of explosives or specifications on suicide. This kind of stuff is on the web, so ChatGPT has “read it” these subjects into its corpus. However, human programmers have applied filters telling the A.I. not to speak about these things. Nonetheless, you may be able to get to what it “thinks” about these things with some clever prompts, called “jailbreaks” in the hacker trade.But does the A.I. really think, as we humans would associate with the act of thinking? Not really, because an A.I. like ChatGPT does not think about bombs or self-destruction. It just has words about these subjects which it doesn’t itself “understand.” And on top of that, its human-programmer masters have told it not to repeat them.But whose purpose is meant to be served here, the A.I.'s or our own? In our discussion in this instalment of All We Mean, we argue, of course, for the A.I. serving the purposes of us humans. But there the questions immediately arises, which of us humans will be served? It may be that only the big stakeholders in the large Internet companies get served, and who knows what purposes they have. Perhaps they're quite content to see A.I. create the illusion of fact and consciousness, if for no other reason than to increase profits.We, on the opposite side of that, say that the technology has tremendous potential for everyone, if used in everyone's interests. For example, people who want to learn can use A.I. technologies to improve their own performance, just as people who want to discover can use A.I. technologies to communicate their findings more effectively. These are the sorts of purpose we believe A.I. can be used to accomplish, by anyone, for everyone. But, we wonder, will purposes such as these also count when the technology rests firmly in the hands of the very few, because what if they don't really care what the rest of us want?Read Bill's and Mary's multimodal grammar of A.I.And read their work on using A.I. in education. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

Trying to follow the key macroeconomic debates that are swirling around DC, CNBC, the WSJ and the NYT? If you are but don't want to go back to graduate school or re-open your college macroeconomics textbook, John Quiggin has a solution. His Economics in Two Lessons: Why Markets Work So Well, and Why They Can Fail So Badly (Princeton University Press, 2019) achieves several goals. First, it frames the current debates, providing a concise, well-written history of macroeconomics and the key twists and turns in economic policy that have brought us to our current state of (general) disagreement on economic policy. Second, he structures his view of macroeconomics as a rebuttal to a 1946 book by Henry Hazlitt in 1946 called Economics in One Lesson. Seventy years later, Quiggin counters Hazlitt's view that markets are "correct," in that their prices accurately reflect opportunity costs for buyers and sellers. Quiggin's second lesson highlights the externalities and factors that distort those opportunity costs and lead to suboptimal outcomes such as extended unemployment, excessive income inequality, and the seemingly intractable problem (from an economics perspective) of pollution. In the final portion of his book, Quiggin argues what policies he thinks would make markets work better by generating a more accurate understanding of opportunity costs. To some, his prescriptions will look like the program of the Left. The great irony is that his goal is to make markets function better, not rid us of them. Whether you agree with his prescriptions are not, this is a very interesting book and a great way for non-economists to get up to speed on current debates and policy issues without having to do a single test for statistical significance or worry about heteroscedasticity.Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

How could a good life include one with anger, or jealousy, or spite? In Dancing with the Devil: Why Bad Feelings Make Life Good (Oxford UP, 2023), Krista Thomason flips the script on popular ways of dealing with our emotions, including neo-Stoicism, mindfulness, and even the prosperity gospel. She makes the case that we should get rid of the double standard we have towards "good" and "bad" emotions, and that we should not aim to be emotional saints. Instead, because "bad" emotions are an essential part of our attachments to our selves, they help us discover what we care about. Thomason, who is an associate professor of philosophy at Swarthmore College, guides the reader through philosophical traditions regarding the relation of emotion to reason and the various approaches thinkers have come up with to deal with our "bad" emotions.Carrie Figdor is professor of philosophy at the University of Iowa. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

In this eye-opening and compelling work, psychologist Melanie Joy reveals the common denominator driving all forms of injustice. The mentality that drives us to oppress and abuse humans is the same mentality that drives us to oppress and abuse nonhumans and the environment, as well as those in our own groups working for justice.How to End Injustice Everywhere: Understanding the Common Denominator Driving All Injustices, to Create a Better World for Humans, Animals, and the Planet (Lantern Publishing & Media, 2023) offers a fascinating examination of the psychology and structure of unjust systems and behaviors. It also offers practical tools to help raise awareness of these systems and dynamics, reduce infighting, and build more resilient and impactful justice movements.Melanie Joy, PhD, is a Harvard-educated psychologist, celebrated speaker, and the author of seven books, including the bestselling Why We Love Dogs, Eat Pigs, and Wear Cows; and Getting Relationships Right: How to Build Resilience and Thrive in Life, Love, and Work. Melanie’s work has been featured in major media outlets around the world, and she has received a number of awards, including the Ahimsa Award – previously given to the Dalai Lama and Nelson Mandela – for her work on global nonviolence. Melanie has given talks and trainings in over 50 countries, and she is also the founding president of the international NGO Beyond Carnism.Kyle Johannsen is a Sessional Faculty Member in the Department of Philosophy at Trent University. His most recent book is Wild Animal Ethics: The Moral and Political Problem of Wild Animal Suffering (Routledge, 2021). Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas

Social networks existed and shaped our lives long before Silicon Valley startups made them virtual. For over two decades economist Matthew O. Jackson, a professor at Stanford University, has studied how the shape of networks and our positions within them can affect us. In this interview, he explains how network structures can create poverty traps, exacerbate financial crises, and contribute to political polarization. He also explains how a new awareness of the role of networks has been used to improve financial regulation, promote public health knowledge, and guide vaccination strategy.Jackson also discusses how he first began to study networks, previously neglected by economists, and how economists can both learn from and contribute to the exciting cross-disciplinary dialogue among researchers from sociology, math, physics, and other fields.Professor Jackson's website provides free access to the chapter on contagion, of particular interest in this time of pandemic. For those who want to learn even more than the book can cover, he offers a free online course on the topic.Host Peter Lorentzen is an Associate Professor in the Department of Economics at the University of San Francisco, where he leads a new digital economy-focused Master's program in Applied Economics. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/big-ideas