ALWAYS HAVE ENOUGH by Maria Melchor, founder of FirstGenLiving, covers “How to Build Wealth When You Don't Come from Money.” Melchor writes in a very accessible, understandable tone and offers numerous insights, including a 6-Week Kickstart Plan, to her readers. She focuses on habits to develop like savings goals and smart borrowing. I found this book to be quite helpful, especially for younger people who are struggling to understand the world of finance. Melchor writes about the AHEM (Always have Enough Money) system and encourages budgeting and planning. She frequently references her own experience as an immigrant and writes with empathy for those who are seeking to balance their personal needs and those of cultural, familial obligations. This text is designed to improve understanding and encourage reflection; for example, several chapters include homework exercises (e.g., creating a financial toolbox with simple steps related to banking and credit cards or strengthening one’s safety net). It might take someone who is less familiar with the system longer than her six-week program goal, but the checklists are very useful and a great first step towards more financial stability.
Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts
Wednesday, September 2, 2026
Tuesday, August 18, 2026
United States of Oligarchy by Casey Michel
UNITED STATES OF OLIGARCHY by Casey Michel is subtitled “How America's Wealthiest Ally with Dictators, Weaken the U.S., and Destroy Democracy.” Michel (American Kleptocracy and Foreign Agents) is a financial expert and has written extensively about related crimes (e.g., tax evasion, money laundering). Recently described in Foreign Affairs journal as “a blistering account,” his latest text is accessible, but fairly academic in tone and centers on the ways in which national security and democracy are being threatened both by very wealthy Americans and foreign influences from places like Russia, China, and the Middle East. I was surprised at the extent to which he calls out rich and powerful people like Elon Musk and Jared Kushner, for example. Even the Afterward is chilling. Writing about “Just how monstrous American wealth inequality has become in recent decades -- and how it's now surpassed anything the country has ever known,” Michel cites statistics meant to shock: (“First year the 400 richest Americans paid a lower tax rate than the bottom 50% of Americans: 2018”) and outlines recommendations (e.g., more enforcement of existing laws or enacting new taxes on the ultra-wealthy) to halt or curb these practices. He goes on to point out that this as a global phenomenon, “infecting even places like Britain (where the top 1 percent owned 21.3% of the country's total wealth), France (27.2%), and Germany (27.6%). UNITED STATES OF OLIGARCHY received a starred review from Publishers Weekly (“Readers will be outraged by the egregiousness of it all.”). The text is extensively researched with over a thousand footnotes.
Sunday, May 28, 2023
When the Heavens Went on Sale by Ashlee Vance
WHEN THE
HEAVENS WENT ON SALE by Ashlee Vance is
subtitled “The Misfits and Geniuses Racing to Put Space Within Reach.” One
could easily assume that Vance, a feature writer at Bloomberg Businessweek
and author of the New Your Times bestseller Elon Musk, would be
writing about companies like Musk’s SpaceX, Bezos’ Blue Origin, and Branson’s Virgin
Galactic. He does comment on those companies but focuses this text on four
others: Planet Labs, Rocket Lab, Astra, and Firefly Aerospace. Vance is adept
at combining stories of pivotal events (e.g., the Indian launch resulting in near
simultaneous deployment of 88 satellites for Planet Labs) and unusual facts
(e.g., from the 1960s to 2020, the number of machines orbiting Earth had increased
to roughly 2,500 and “From 2020 to 2022, something astonishing happened: the
number of satellites doubled to 5000.”). Readers will learn a great deal from
this well-written text, particularly as Vance introduces many of the key founders
and players, saying, “it was important to me to let them tell their own stories
and for you to hear how they talk and think in their own words.” WHEN THE HEAVENS WENT ON SALE is full of dreams fulfilled and dreams dashed; it received a starred
review from Publishers Weekly (“Vance’s feels-like-you’re-there
storytelling captures the ‘spectacular madness’ of the moonshots. It’s The
Right Stuff for the silicon age.”).
Friday, May 26, 2023
Dual Memory by Burke and Witch King by Wells
Wanted to share a few comments about some new science fiction and fantasy offerings from Macmillan’s Tor Publishing Group:
DUAL MEMORY by Sue Burke revolves around sentient machines or systems and seems very timely given the recently expressed concerns about Artificial Intelligence. This well-written and suspenseful story is set on Thule, a land in the Arctic region where the inhabitants, while anti-war, resist an active opposition to those who attempt to invade. A visitor, Antonio Moro, is wounded in a rocket attack and stays behind to work as an artist. He’s given Par Augustus, a robotic executive assistant, as a gift and the adventures truly begin. Par is to follow three ancient robot laws: “Don’t hurt humans, don’t let myself get hurt, and obey human laws as appropriate.” Readers, however, will question how long that will last as Par gains more and more knowledge. Antonio, too, transforms as he experiments further with his art; they form a formidable team. DUAL MEMORY received a starred review from Booklist (“If Ursula Le Guin had written about AI machines, it would have looked a lot like this marvelous fable”).
WITCH KING by Martha Wells (Network Effect and others in the Murderbot series) is the introduction to a new world featuring the title character, a legendary demon named Kai, and his companion, Zeide, who is a witch searching for her missing wife. Politics and conflict abound. I honestly found this novel a bit difficult to follow – not only are there many characters, the rather lengthy (414 pages) book also jumps around in time between the current action and past events involving the same characters. However, Amal El-Mohtar, reviewing for The New York Times, found this temporal aspect to be a plus, writing, “timelines play off each other wonderfully: Elements introduced in a dizzying rush of world building become welcome context for the flashbacks, which in turn escalate tension in the present” and chose WITCH KING as one of just five science fiction and fantasy titles to suggest as Summer Reads. Wells’ many fans should (and will!) certainly give this book a try. WITCH KING appeared as a LibraryReads selection for May 2023 and Wells is a prolific, outstanding author in this genre – she has won four Hugo Awards, two Nebula Awards, and three Locus Awards.
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