Posts in: books

Buffet: The making of an American capitalist

I’m glad the author, Roger Lowenstein, didn’t even attempt to appear impartial in this, Amazon’s most highly rated of Warren Buffett biographies. It’s the reverse of a Power Broker hit job: in the reprint afterword, Lowenstein is wistful about not getting more praise from Buffet while the aforementioned is signing the author’s personal copy at a conference. How wonderful it would be if our heroes loved us as much as we love them.

Granted, Buffet is an easy person to love, what with being an aw-shucks Midwestern pro-government regulation democrat who is modest, smart, and also one of the richest people in world. That he first earned his money off of America’s addiction to sugar and shopping, followed by tobacco and war, followed by decidedly inegalitarian buddy deals, all while neglecting his wife to the point of her leaving, and his children to the point of their becoming New Age musicians, just supports his claim to being the most American of all American heroes. Kudos.

Written by Roger Lowenstein, 2008


Ending medical reversal

The first thing I picked up after taking the hematology boards was this gem from Chicago's medical royalty (Adam Cifu) and everyone's favorite oncologist (this is of course a joke — you know that people hate your guts, Vinay).

I didn't, and still don't, care much for the title. It is ambiguous: if medical reversal means overturning an established practice that was based on weak to no evidence once stronger evidence comes along — usually in the form of a (multi-center, blinded) randomized controlled trial — why on earth would you want to end reversals? Well, the book is about how to stop those kinds of practices from becoming established in the first place, which would indeed end medical reversal, but an easier way to stop them and one that would be endorsed by most of industry and many researches would be to just not look. "Ending Medical Reversal the Hard Way" is therefore a more appropriate name.

Title aside, I agreed with pretty much everything they wrote, from reforming medical education, through stopping direct-to-consumer marketing and direct-to-academic (not their words) payments, to having more people participate in (simpler, cheaper, and fairer) randomized trials. I enjoyed their honesty and clear style, and wished my medical school had at least a passing resemblance to the one they proposed (if you thought US medical education leaned too much on basic science-oriented and was heavy in professorial mechanistic proclamations, try the average European med school). Granted, I work in a federal research hospital and focus on some of the rarest of the rare diseases; but that only makes me shake my head in disbelief more when my colleagues who specialize in breast or lung cancer, not to mention coronary artery disease and diabetes, randomize enormous numbers of patients to search for minute differences in surrogate outcomes.

Written by Vinayak Prasad and Adam Cifu, 2015


Stubborn Attachments

This is as close to a "Rules for Life" book as we'll get from Tyler Cowen, and if you've listened to his podcast or followed his blog what's inside won't surprise you — but it will make you think. Which is good: surprise is overrated anyway, and things that depend on it don't do well on re-reading/watching/listening. I'll be coming back to this one.

Cowen argues that growth is good even when it doesn't benefit everyone all the time. There are things that can grow that you can't measure (like happiness, life satisfaction, health, culture, feeling of superiority [I may be misremembering some of these]), so don't focus on wealth only but instead on Wealth Plus. Also, distant future is just as important as the near future, so don't sacrifice long-term prospects for short-term gains. Speaking of future, we can't predict it, so even though tiny decisions can influence it in an oversized manner we should stop fretting over those and focus on the big picture: which is to chose policies that provide the greater sustained benefit sooner. Finally, common sense morality can usually steer you in the right direction, but if it feels like it's not, remember everything else in the book and you should be all set.

That's all well and good, except that I kept imagining someone from Serbia — currently a second-world European kakistocracy — living by the standards of this book. Hilarity ensued: for things would be included in Wealth Plus that Cowen hadn't foreseen (the ability to redraw borders, to name one), and common sense morality would include good doses of nepotism, chauvinism, and the desire to cheat the state (yes, yes, I know, #notallserbs).

So the first thing that's keeping this book from being great is that it can't be universally applied — it was written by an American for his fellow Americans who have lost their way — and doesn't explore, or even mention, the implications of his vague concepts of Wealth Plus and common sense morality being different around the world.

The second is that shortly after admitting that economists don't have crystal balls (the twelve-year-old me would have loved to put parentheses around "crystal"), he goes on to compare hypothetical policies based on their projected rates of growth well into the future. It may be my lack of an economic background speaking, but how can those two go together?

But do read the book. After my first pass I can say it's good, if not great. For me as a doctor the idea of delaying gratification for long-term gains felt familiar. The oncologist in me would add that inflicting harm for a known long-term benefit is also reasonable and depending on the alternatives even preferred. Of course, it took centuries of wading in the dark before medicine got to the point where it could with any certainty predict the outcome of its interventions. Are social sciences there yet?

Written by Tyler Cowen, 2018


Applied minds: how engineers think

I wanted to like this book more than I actually did. The title is seductive for those of us who work with people’s very unengineered fleshy bits: would it help if we added some engineering tools to our mental toolbox? Well, maybe it would, but this book couldn’t help me find them, being more of an essay on why I should think like an engineer rather than an instruction manual on how.

Apparently, you need a lot anecdotes anecdotes to explain the Why; stories zip by so fast they gave me whiplash. There are too many narratives and not enough thoughts: instead of just buttressing the main point or two, the anecdotes take center stage, sprinkled with outlines of different ideas that never become central.

For a book about engineering, I expected better construction.

Written by Guru Madhavan, 2016


If on a winter's night a traveler

The book is almost forty years old but it could have been written yesterday. It is short, smart, punchy, and very, very meta. It also makes me want to learn Italian, though I understand William Weaver is a good translator.

Written by Italo Calvino, 1981


The death and life of great American cities

Jane Jacobs loved Greenwich Village so much that she wrote a book about why that was and why more neighborhoods weren’t like it. She looked at other similar areas in Boston, Chicago, Philadelphia, etc. as well some failed ones, and gave a few guidelines on what was needed for safe, lively, and desirable city streets.

It has enough whimsical observations of city life to keep things interesting for its too-many—over 400—pages. E.g. on a city park’s homeless population:

Almost imperceptibly, like the hand of a clock, the raggle-taggle reception creeps around the circular pool at the center of the square. And indeed, it is the hand of a clock, for it is following the sun, staying in the warmth.

Or, comparing a safe-but-dirty city street to a desired but decidedly unsafe park:

The sidewalks were dirty, they were too narrow for the demands put upon them, and they needed shade from the sun. But here was no scene of arson, mayhem or the flourishing of dangerous weapons. In the playground where the night-time murder had occurred, things were apparently back to normal too. Three small boys were setting fire under a wooden bench. Another was having his head beaten against the concrete. The custodian was absorbed in solemnly and slowly hauling down the American flag).

It’s all quite lovely. But ultimately, it is an exercise in confirmation bias that misses as many essential points as it reveals. What was arguably the most devastating influence on American cities — Robert Moses — is but a misguided elderly official who, and kudos to him, knows his way around public funds. City planners like big, disruptive projects because of their bad (deductive!) reasoning, not because they give politicians photogenic ribbon-cutting ceremonies.

If you want to know why American cities are the way they are, better read The Power Broker.

Written by Jane Jacobs, 1961


The hero with a thousand faces

What you do is you take as many fairy-tales and myths and other stories as you can — Campbell is extraordinarily good at collecting them — then squint and trace out the patterns. Us humans are very good at finding patterns where none exist (just ask Percival Lowell), so it is no wonder that we end up with an overarching story, albeit disjointed, which is — of course it is — steeped in New Age monism.

Plot twist: unlike similar attempts in other arts, this one becomes wildly successful, serving as a template for other stories that end up following it more closely than any of the tales of old ever did (see Kevin Garvey’s literal and metaphorical travails for the most recent example). I like The Leftovers, so I would say The Hero… is a net benefit for the civilization. It just wasn’t for me.

Full disclosure: I stopped reading the book near the end of the first (of two) sections, the one about The Hero’s Journey. I therefore never got to the Cosmogonic cycle, and cannot comment. Do let me know if there was a surprise ending.

Written by Joseph Campbell, 2008


The Dark Forest

Starts several years after The Three Body Problem and ends 200 years later, shortly after the first (brief, horrific) physical contact with alien technology. The future’s clean, white, Apple-y aesthetic was annoying enough for me not to feel too badly after it imploded, and the humans of the future were just as grating, but I assume that was one of the big points Liu wanted to make (that we are more closely related temporally than we are geographically or genetically, that is, not that Jony Ive is a future-human).

Another point: a book about humanity’s impending demise has a good quarter of it dedicated to one man’s delusions about art and love. Those passages end up being directly relevant to the plot, but if anything, that takes away from them.

Finally, the character who ends up being the book’s main proponent of historicism dies in the best standoff since the Gotham prisoners’ dilemma, which ends up being only the second-best of the many standoffs the book presents. It is a beautiful, self-referential standoff heaven.

Written by Cixin Liu, 2015


How to write a thesis

Umberto Eco’s rules and advice on how Italian university students of modest means should choose a relevant topic, conduct and organize research with limited resources, and format their final undergraduate thesis. Though created by and for someone in the humanities, much of it applies to all sciences — and the parts that don’t are at least entertaining.

It was written in 1977, revised in 1985, and revised again when translated to English for both cultural and temporal/technological adjustments. A translation to Serbian (which is, amazingly, freely available online) needed neither, as Serbia and Italy have similarly dysfunctional systems of higher education.

For a book whose most important section is the one on taking notes and organizing research, this edition has remarkably small margins and tight binding. No matter — it will feature prominently in the Acknowledgments section of my PhD thesis, if and when I finish it.

Written by Umberto Eco, 1977


The Three Body Problem

Written by an engineer, and reads like it. It uses a broad brush—with not much description or characterization—to explore such trivialities as life, reality, human perception, and humanity’s place in the universe.

Much of it has a sense of odd turning into familiar: the bloodshed of the Chinese Cultural Revolution projected onto the book’s pro-alien human factions and real world’s opposed-yet-alike movements; virtual realities inside a nesting doll of x-dimensional spaces that may themselves be virtual; environmental dangers, imagined and real.

Einstein supposedly pictured himself chasing a beam of light before developing his theories of relativity. Liu imagined standing on the surface of a planet quite unlike Earth to come to this book and its two siblings. Based on the first installment, I can tell that investing some time in the trilogy will be worth it.

Written by Cixin Liu, 2012