Micro Review: Not the End of the World by Hannah Ritchie 

Hannah Ritchie is a scottish data scientist working at Our World in Data, which is my favorite data-spreading organization.

So when I discovered she wrote a book about climate change, pollution, and the other problems affecting our dear planet, I was quite happy to read it.

Well, to listen to the audiobook. I think non-fiction pop-sciencey books work great as audiobooks, as the authors tend to repeat the same thing over and over and over, otherwise the book would be summed up in an blog post. In this case, I think the author herself is reading the book, which I appreciate from a philosophical point of view, but I found the accent a bit hard to understand at times.

In short, the book talks of a lot of issues currently affecting the planet, but unlike many of this kind, it has a positive look at them, because things are bad, but they’re better than they were, and they can improve more. A desperate look at things, is just as bad as one that trivializes issues. We can do better, and humankind we already managed to fix some large issues.

See, I’m from the ’80s, I grew up with the perspective of losing the ozone layer, and having to apply a pint of sunblock 5000 to stay in the sun. Also, do you remember when acid rains were a constant threat? Or actually seeing the exhaust smoke while in a line of cars? Those are things of the past, in most places! You would be crazy if you looked at things and didn’t see that we can improve and we did it in the past.

Anyway, The book is split in chapters, but the theme is basically the same on all of them, things are bad, but getting better, and there’s things you can do which matter quite a bit and things that matter very little. The chapters are:

  1. Sustainability
  2. Air Pollution
  3. Climate Change
  4. Deforestation
  5. Food
  6. Biodiversity Loss
  7. Ocean Plastics
  8. Overfishing

Most of the things she says I was already familiar with, but may be shocking the first time you hear of them. For example the fact that we already produce enough food to feed everyone on the planet (if we could convince everyone to eat vegetables, and stop using a lot of it as fuel).

The book is pretty pragmatic in suggestions too. A major root cause for many problems is, for example, beef production. The author knows she won’t convince the world to go vegan, so she just points out that, if you can choose, reducing your beef intake is probably the best thing you can do to help with a bunch of issues. If you want to eat meat, just cut a. bit, or prefer smaller animals (chicken is better than pork which is better than beef).

She also tries to slay some misconception, such as the idea that locally produced things are strictly better. They may be from a social standpoint, but they may not from a sustainability point of view. A box of avocados from south america are still better for the environment than a locally sourced steak in Europe.

And I appreciate how she points out that many of the things we consider green cosplay, such as avoiding single use plastic bottles or bags, are actually.. well, not that important. Yes, prefer a reusable tote bag for groceries, but the actual impact of a plastic bag is not that terrible, you shouldn’t feel guilty if you occasionally buy one, or if you get a bottle of soda from a vending machine.

Overall, I enjoyed the book. I think the author lets a few things through without actually explaining them. For example, she is in favor of building new nuclear plants, and while I’m 100% in favor of keeping old plants running and investing in new research, I am not sure the numbers come out in favor of new plants at this point in time. I may be wrong, but I would like to see her preference argued for with numbers, rather than background “bias”.

Vote 7/10: great book if you never heard these arguments, good book otherwise.

Micro Review: Money for Nothing by Thomas Levenson

I listened to this last summer, but it took me a long time to write something so here it is: the book talks about the first great financial crisis, the South Sea bubble.

The actual full title is “Money for Nothing: The Scientists, Fraudsters, and Corrupt Politicians Who Reinvented Money, Panicked a Nation, and Made the World Rich” which is an appropriately verbose title to talk about the early 18th century.

The South Sea bubble is one of those things that often come up when talking of the issues of the financial system, together with tulip mania and John Law’s bankrupting of France, but I had never actually understood what happened there.

The book explains that, and it does it in a fairly enjoyable way, without being too preachy and showing how disastrous events came about following a lot of reasonable choices and only a modicum of dishonesty. It also explains how innovations from the era have become staples of our modern world (e.g. ideas on how to compute the value of financial investments).

Where the book fails, imo, is trying to connect the events with contemporary developments in science and mathematics. There are connection (Isaac Newton was Master of the Mint after all) but they seem kinda stretched.

Also, in the most important bits, I felt the explanation could have been better, I could not understand, at first, how the South Sea company could make any sense.

The South Sea company was funded as a way for the government to get rid of a bunch of previous debt obligations: the government allowed the creation of a company that could emit shares in exchange for obligations, and the government would grant the company the monopoly of the South Seas trade (notice the plural, and realize this meant slave trade).

The government would get simplified accounting as it now only owes money to the company (and at a lower rate), the company owners would make money, but why would an investor give their government-baked bonds to the company? Well, because they were forced to, but the book doesn’t really explain why they couldn’t be forced even without the company existing?

I don’t know, and it doesn’t really matter, since people were eager to do the exchange as they had very little trust in the government, and because soon the share price was skyrocketing, and stonks only go up is not a modern invention.

Anyway, the book does a pretty good job of explaining the situation before, during, and after, and if you have a casual interest in finance or economics, I recommend this book.

Vote: 7+/10, recommended if you like finance, and seeing the world burn.