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But, if things are so bad why is infant mortality going down around the world? If things are on the edge of anarchy why are proportionately fewer of us hungry, or sick today than one hundred years ago. If things are going to hell in a handbasket why is our life expectancy steadily improving?
These are inconvenient questions. The answers are tough on the prophets of doom.
Luckily, the conventional wisdom is wrong. Stephen Moore and Julian Simon prove this convincingly. Facts are often inconvenient. But, if you want to know the facts, this is the book for you.
Fascinating and fun, the book is an essential reference for authors and speakers. It is a treasury of statistics.
And the book has a great title.
As a publisher, author of 28 Books, 109 revised editions, six translations and over 500 magazine articles as well as a consultant to the book publishing industry, I spend much of my time doing research. I will refer to this book again and again.
Dan Poynter, Para Publishing.
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Although Simon died well before publication, his wife, Rita, was able to put together this book, working from about 900 (!) pages of manuscript that Julian wrote before his death. Unfortunately, the book seems to suffer a bit from poor editing and typographical mistakes, but that's a minor nit. I'm not a fan of biographies in general, so much of the childhood years bored me, but the chapters on his career and research are fascinating and, alas, way too short. I couldn't help but get the feeling that there were mounds of interesting anecdotes on his career and research that were left out for space reasons. It's too bad; most people who would read it would be most interested in that part. Fortunately, unlike some other autobiographies written by economists, Simon does discuss how he evolved in his thinking over the years
The book covers all the areas that Simon is well known for, including population studies, immigration, treatment of depression, advertising and the mail order business and, of course, Simon's brilliant idea for solving the problem of overbooked planes. This last item was a stroke of genius and Simon deserves a place of honor for that alone. The solution came to him in the mid-sixties, but it wasn't until 1978, when an economist was appointed head of the Civil Aeronautics Board that it was put into use. Simon was baffled as to why it took so long, but an obvious explanation never occurs to him: the airline industry was a heavily regulated, government-enforced cartel, so there was less of an incentive to innovate.
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