MONEY’S VALUE

Ahamad suggests the public needs to oppose policies based on economic and political leaders’ singular judgements. Public input to government decision-making is an essential strength of democracy and the great weakness of autocracy.

Books of Interest
 Website: chetyarbrough.blog

1873 (The Rothschilds, the First Great Depression, and the Making of the Modern World) 

Author: Liaquat Ahamed

Narration by: George Newbern

Liaquat Ahamed (Author, American financial historian.)

Liaquat Ahamed’s book, “1873”, has been somewhat anxiously awaited for by the public because of his previous book “Lords of Finance” which reported central bankers’ roles in the Great Depression. Talk of depression swirls around the public today. What parallels are there between “1873” and the current world financial market? Liaquat Ahamed explains the impact of railroad expansion and world trade that exploded in the 19th century. He suggests that explosion seems parallel to today’s impact of transformative technology like A.I. which has shown potential for productivity increase around the world. That expectation magnifies the amount of capital being invested in a changing paradigm in society that Ahamad argues is similar while different from railroad introduction in the 19th century.

Globalization of information technology.

Globalization makes change more impactful today because of the world wide web and a potential for spreading useful and harmful information. Ahamed suggests the vast investment in railroads has parallels to communication technology’s introduction in today’s economy. The rush to create datacenters requires large capital investments with the creation of data centers that challenge today’s energy availability. Corruption became common in the 19th century with schemes designed to lure nations and investors into impractical investments. Ahamed recounts grifter’ pitches in the 19th century similar to crypto bubble makers of the 21st century. In the 19th century, mostly banks, governments, and wealthy risk takers were making foolish investment risks for hoped-for wealth. Today, crypto bubble makers reach into the pockets of the poor and middleclass.

Crypto investment.

As the public today becomes skeptical about tech investments, the banks of the 19th century belatedly turned skeptical about transportation system expansion. The growing malaise of recession turned into a depression in the 19th century. Ahamed argues today is similar to what caused the 19th century economy to slip into recession and depression. Ahamed suggests the political polarization occurring in the 19th century is evident in today’s political climate. The split between Trump supporters and detractors is widespread in America. Trump’s attacks on global cooperation seem similar to what occurred in the 19th century. Like the farmers of 1873, factions of America resent their loss of jobs and manufacturing income to other countries. The geopolitical shocks of the Ukraine war, America’s bombing of Iran, Russia’s Ukraine war, and growing tensions with China magnify inflation and create capital reallocations that harm respective economies and increase potential for world-wide financial collapse.

Ahamed’s book outlines similarities and differences between the past and present, foretelling a possible future.

Ahamed suggests that America needs to avoid a rigid monetary policy based on “who’s ox is gored”. Further, investment in technology needs to be reined in by reducing the hype about loss of jobs with a realistic judgement of employment impact and technologies’ benefits. Political and business leadership need more transparency and public oversight to improve societal decisions on technological investment. Investment opportunities need to be reasonably evaluated to avoid bubbles that distort capital flows. Ahamed suggests power brokers, whether private or public, need to avoid over reaction to inflation by being wary, but not overly punitive, toward investment in new technology.

Breadlines in the 1929 economic crash.

Ahamed offers several individual examples of con men who created hype-driven market manipulation that fueled 19th century fraud with over-optimism, and self-promotion based on new railroad building schemes. One listens to the methodology of these con men and will recall news articles today about technology fraudsters. Though only 3 to 4 percent of SpaceX shares are owned publicly, it reminds one of the over-optimism and self-promotion of Elon Musk. This is not to say Musk is a con man, but it reflects how over confidence in technology is similar to the over confidence in railway expansion in the 19th century. Additionally, search of the news of crypto scammers in the 21st century show there are three Thai suspects, 22 accused scammers in Palau, 82 accused scammers in Eswatini, and an astounding 15,260 suspects worldwide.

Liaquat Ahamed suggests the U.S. presidential elections are directly distorted by the financial crisis surrounding 1873. Ulysses Grant’s administration is undermined by the loss of public confidence in the federal government. The civil rights movement is stalled because northern voters were less willing to support federal intervention in the South. The Republican Party lost the political will to continue Reconstruction policies. Voters punished incumbents because of the economic crisis of the 1870s. Ahamed argues the economic collapse destabilized all governments and empowered reactionary forces that weakened government reforms. Conspiracy theories blossomed with scapegoating of all who had been elected to govern in the western world.

People are being arrested based on the color of their skin with the presumption that they are not citizens of America and are deported without legal recourse.

Today’s American government has stalled support of fundamental rights written in the Constitution. People are being arrested based on the color of their skin with the presumption that they are not citizens of America and should be deported. A majority of American voters elected a President who empowers the government to destabilize its relationship with former allies of democracy. Conspiracy theories abound on causes of global warming to support beliefs that it is a natural event that cannot be mitigated by reducing fossil fuel use and accelerating wind, water, and solar energy uses. Belief in a “deep state” conspiracy has created government and political distrust. QAnon like cabals have grown to spew allegations of secret wars being waged by special interests. Distrust of the United Nations is increasingly viewed as a body plotting to replace nation-state government. That view grows and feeds America’s “go it alone” belief as the only way to sustain democracy.

Where unemployment is created by new technology, America needs to support those who are displaced.

Despite Liaquat Ahamed’s argument that today’s America has similarities to America’s 19th century circumstances, he suggests there are reasons to believe 19th century mistakes can be avoided. Where unemployment is created by new technology, America needs to support those who are displaced. When faced with inflation and economic threat, rather than depending on singular leadership decisions, government should support flexible polices by the central banks of America. Public input to government decision-making is an essential strength of democracy. When public expertise is ignored, judgement is degraded and America becomes less democratic and more likely to fail.

Rothschild Family Tree

As one nears the end of Ahamed’s book, one wonders why the Rothchild’s are prominently noted in its subtitle. His point is that the Rothschilds were the only global financial institution that successfully survived the ups and downs of the banking industry in the 19th century. Their success influenced unjust anti-Semitic growth in the world. The Rothschilds embodied the tension between stability and speculation with their long-term stability as a lending institution. The Rothchild’s stability became a symbol of global finance that influenced political actions around the world. The price paid by the Rothchild families’ success fed the worst in human nature exemplified by the Holocaust of WWII.

No leader is infallible but those who listen and act on the basis of others expertise are more likely to make the right decisions. That is Ahamed’s solution to avoid economic depressions like those of 1873 and 1929. Proof of this opinion is in the financial crises of 2008 and the world’s recovery. This is not to argue that many citizens were not harmed and unfairly treated in the 2008 crisis, but the spread of a world economic collapse was avoided.

IRAN

Torbati believes ordinary Iranians, especially Gen Z women, will change Iran’s history. One is reminded of the Yiddish expression “From your lips to God’s ears” because Torbati’s history of Iran is far from encouraging.

Books of Interest
 Website: chetyarbrough.blog

Stolen Revolution (Betrayal and Hope in Modern Iran) 

Author: Yeganeh Torbati & 1 more

Narration by: Nikki Massoud

Yeganeh Torbati (American author, award winning journalist who is fluent in Farsi, Spanish, and English, earned a BA in political science and Middle Eastern studies from Yale.)

In listening to “Stolen Revolution” one wonders about the objectivity of its author. Because Ms. Torbati is born in America; one is reserved about her objectivity about Iran’s transition from an autocratic country ruled by a king to one that became a theocratic republic ruled by an equally autocratic Muslim cleric. It is difficult for we who are born in America to understand what the truth may be about the true feelings of people who have lived all their life in Iran.

The influence of religion on government.

Though America is not considered a Christian nation, it is deeply influenced by belief in a Christian God. Of course, America is founded on the importance of separation of Church and State which makes cultural influence of theocratic leadership unlikely if not impossible. The influence of one raised in America challenges one’s objectivity in analyzing the history of a country led by a theocratic autocrat. However, Ms. Torbati, in contrast to most Americans, knows the language of the country on which she reports. Further, her Iranian ancestry undoubtedly gives her a better understanding of Iran’s culture.

In recognition of the author’s reporting of Iranian opposition to Ayatollah leadership, a reader/listener is bound to give respect to her evidence of citizen resistance. Her reporting reinforces much of what we read and hear from news reports about Iran’s opposition to women’s rights and freedom of movement. The complaints of voter fraud have been noted by other writers about Iran’s Green Movement in 2009 and later public protests. Torbati’s profile of Hila Sedighi, a poet and activist in Iran, shows her poetry reflects on the shattered hopes and dreams of many Iranians in an election campaign that undermined women’s rights. Tobarti outlines two egregious voter frauds in the two terms of office for President Mahmoud Ahmadinejad, a shill for the Ayatollah.

Mahmoud Ahmadinejad (Elected twice under suspicious voter fraud allegations.)

With the undoubted help of the Supreme Leader’s manipulation of the 2005 and 2009 elections there were more voters for Ahmadinejad than there were people to vote in respective districts. Election competitors like Mehdi Karroubi turned against the Ayatollahs’ leadership because of obvious voter misrepresentations. It became impossible for an independent to be elected.

Autocracy may evolve in any form of government.

With reservations, this book review of “Stolen Revolution” is unlikely to be objective. America is presently being led by an autocrat who is marginally constrained by the checks and balances of America’s government. America’s current President chooses to act as though checks and balances are challengeable by one person’s judgement. The bombing of Iran shows the weakness of an autocrat’s decision; i.e. a fault apparent in Iran as well as America.

America’s bombing of Iran’s Qasim Island water plant on March 7, 2026.

Here stands America as the instigator of a war with a country it cannot or chooses not to understand. The Ayatollahs who replaced Iran’s autocratic king, have not succeeded in establishing a viable economic theocracy. The discontent and poverty of a large part of the Iranian population is revealed by Torbati’s history. How much of that poverty is caused by the Western world’s rejection of Iran is not clearly explained by Torbati’s history. She implies it is largely because of the rule of the Ayatollahs and their theocratic beliefs. She argues Iran is driven by clerical crony capitalism with clerical elites enriching themselves and the military by discouraging private enterprise.

Iran’s military.

Torbati infers Iran’s military has become a construction arm of Iran supported by the Ayatollahs. Citizen taxation is used as a bludgeon to discourage private enterprise while enriching the government and the military. Through personal clerical corruption and favoritism, with the use and support of the military, Iran has failed its citizens. Leadership of Iran confiscated private companies, restricted access to foreign expertise, and created fear and paranoia among its people. The Ayatollahs cultivated a military state by using it as a stabilizing force to repress the public while being the backbone of employment and construction activity as a substitute for private business growth. Torbati argues the government of Iran is more interested in self-preservation than the welfare of its citizens.

Ali Khamenei (Supreme leader of Iran Killed by American bombing on February 28, 2026)

Torbati’s history of Iran is not encouraging. She suggests the Islamic Republic will remain focused on preserving itself with military support more than improving the lives of the majority of its citizens. Torbati implies foreign intervention will not break Iran’s system of government. Iran’s leadership will only change if ordinary citizens, not just the elites of government, are able to influence the course of their economy. She argues Gen Z women, reformist activists, and discontented businessmen will eventually change Iranian leadership. Torbati implies external intervention will not determine Iran’s future.

An estimated 326 Iranians were killed in Iran’s November 2022 protest.

As history suggests the road to success is not a path you find, but a trail you blaze. Iran’s future is dependent upon the citizens of Iran; i.e., not foreign impositions, wars, or demands of foreign governments. Torbati believes ordinary Iranians, especially Gen Z women, will change Iran’s history. One is reminded of the Yiddish expression “From your lips to God’s ears” because Torbati’s history of Iran is far from encouraging.

CULTURAL DECLINE

Americans need to come to grips with their history, mend its fences, and use its cultural diversity as a means for acceptance of difference and rebirth of its founder’s principles. Empathy is a relatively minor part of America’s institutional, economic, and moral decline.

Books of Interest
 Website: chetyarbrough.blog

Suicidal Empathy (Dying to Be Kind) 

Author: Gad Saad

Narration by: Gad Saad

Gad Saad (Author, Canadian professor of marketing and evolutionary behavioral scientist.)

Gad Saad has written an interesting book about human empathy. He describes empathy as a biological, socially beneficial, and important characteristic of human cooperation. However, he notes empathy has the potential for societal harm that can be destructive with long-term negative consequences. He suggests empathy can distort the harm done by criminals against victims and compound ethnic differences that are a detriment to society. He argues empathy is an emotion that can lead to harmful decisions, and poor social policies that create moral distortion and confusion. His examples carry some weight.

A definition of empathy.

Criminal defenders sometimes frame an argument that violent offenders are products of their life circumstances and should be empathized with, rather than punished, for their actions. However, with empathy as a treatment, victims of personal crimes become victimized twice. Once by the actions of the criminal and a second time by leniency toward a criminals’ actions. An argument is made by a criminal defender that poverty and systemic faults of a legal system or society are the fault of others, including the victims of the perpetrators’ crime. Empathy for the defender gets in the way of justice for society and the individual is victimized twice in the guise of empathy. Violent offenders are released or given reduced sentences that offer opportunity for a repeat of violent crimes. Saad extends this argument to society that empathizes with terrorists, radicalized individuals, and ideologically driven attackers.

Saad suggests too much empathy creates an atmosphere of moral relativism, and identity-based hate groups that reinforces an “us-them” mentality that diminishes social difference. One can easily agree with Saad’s observation, but history shows difference of one’s group identity is both good and bad. The contributions of Jewish group identity have been a great boon to society. Jewish identity is a prime example of the value of group difference. The educational and identity-based tenants of Judaism have made immense contributions to science and industry. Of course, at the other extreme, moral relativism and identity-based hate led to the holocaust by the Nazis.

The troubling part of Saad’s argument is his selective focus on empathy as a cause of cultural decline. Corruption, politicization, self-dealing elitism, and societies’ failure to deliver justice, safety, and education to the public are the fundamental causes of cultural decline. Whether Jew, Gentile, or other, it is not empathy that has caused the widening wealth gap, loss of group identity, labor displacement, collapse of local industries, and/or the erosion of intergenerational opportunity.

Cultural decline cannot be reduced to a single cause as inferred by Gad Saad.

Cultural decline cannot be reduced to a single cause as inferred by Gad Saad. It is cultural destruction of group differences beginning with the diminishment of native Americans, through America’s history of slavery, and today’s loss of civic trust in government that is harming America. Americans need to come to grips with their history, mend its fences, and use its cultural diversity as a means for acceptance of difference and rebirth of its founder’s principles. Empathy is a relatively minor part of America’s institutional, economic, and moral decline.

VALUE OF JUSTICE

“Judge Stone” is a story about the conflicts accompanying personal trauma, public discontent, social violence, discrimination, individual integrity, and public responsibility. The ending is a surprise and makes the reading journey a pleasure.

Books of Interest
 Website: chetyarbrough.blog

Judge Stone (A Novel)

Author: Viola Davis & James Patterson

Narration by: Viola Davis

“Judge Stone” is a legal thriller written by both its narrator, Viola Davis, and the famous and highly successful author, James Patterson. It is not a diatribe for or against abortion but a primer on the tension between those who agree or disagree with a woman’s or doctor’s right to end life in utero. It is about the morality, human conflict, and drama of addressing the right of the State of Alabama, or any government body, to make abortion a crime.

The story is made more troubling because of America’s history of discrimination.

It is a complicated story because it involves a young Black girl, born in the south where Black discrimination is a part of America’s history of slavery. It is further complicated by a girl being 13 years old who is raped by two white boys. Because of a pregnancy complication, she is taken to a local doctor because of abnormal vaginal bleeding. This is a view of abortion driven by drama rather than a polemic about right or wrong, legal history, or women’s rights. Davis and Patterson show how abortion is a source of bias while demonstrating the reality of gender and racial discrimination engendered by social inequality and how private rights often conflict with laws of the land.

The character of Judge Stone is one of stern moral seriousness who is emotionally offended by discrimination while showing herself to be a professionally formidable judge, elected by a majority of Alabamans in her district. She strives to be judicially neutral, disciplined, and intellectually sharp. Her goal is to be fair while being deeply constrained by the letter of the law. Like many Black and like-minded Americans, she struggles with race, ethnicity, and gender as something that affects success in life. She strives to be impartial and uphold the law even when it conflicts with her personal life and beliefs. Like all judges who wish to do the right thing, being neutral in the interpretation of the law is an inward journey with outward affects. She is a symbol of the best of what justice is intended to be, i.e., a system that attempts to channel human power into fairness.

Blind justice is a fiction.

The main characters are Mary Stone, the judge, Dr. Bria Gaines, the doctor, who performs an illegal abortion on Nova Jones, a pregnant 13-year-old who is treated for abnormal bleeding from her pregnancy. Starla Jones, the 13-year old’s mother, and Cocheta Bass, the nurse who led Nova to the doctor; both of which are witnesses to the doctor’s ministrations. Cocheta explains the desperation Nova has over her condition. The out-of-town attorney that represents Dr. Gaines is an important character but only to show Gaines is represented by a competent, unbiased attorney.

“Judge Stone” is a well written drama that is unlikely to change people’s minds about the morality of abortion. The story is an emotional journey, not a balanced opinion about abortion. “Judge Stone” is about judicial ethics, American discrimination, and social dysfunction. It is a story about the conflicts accompanying personal trauma, public discontent, social violence, discrimination, individual integrity, and public responsibility. The ending is a surprise and makes the reading/listening journey a pleasure.

ALIENS AMONG US

Tyson’s “Take Me to Your Leader” is an interesting exploration of alien beings but there seems little solace for we who are not blessed with his scientific, insightful but flawed political view of history and human life.

Books of Interest
 Website: chetyarbrough.blog

Take Me to Your Leader (Perspectives on Your First Alien Encounter)

Author: Neil deGrasse Tyson

Narration by: Neil deGrasse Tyson

Neil deGrasse Tyson (Author, astrophysicist.)

Neil deGrasse Tyson’s scientific knowledge and experience is well represented in his book about extraterrestrial life. Interestingly, he suggests it is likely that there is life in the universe beyond our own understanding. The sheer number of galaxies, their stars and planets, make it likely that sentient life exists somewhere beyond earth. He argues it is unlikely to be humanoid because of the radical differences in the environment in which an extraterrestrial might evolve. If an extraterrestrial were to arrive on earth before humans are able to physically explore other universes, they are likely to be more intelligent and scientifically advanced. Tyson suggests they are more likely to understand us than we would be able or inclined to understand them.

The reason Tyson believes there is alien life is because Earth is not the only place that elements of life, whether different or the same, might evolve. Life may evolve differently depending on raw materials and chemical combinations in a different world of sentient beings. Science history suggests the serendipitous creation of life on earth is not unique. The science proven phenomenon of evolution is likely to occur in other environments whether the elements of creation are different or alike. Water, organic molecules, amino acids and other potential elements of combinatory life exist throughout the universe. Tyson implies the vastness of the universe is beyond imagining and likely will create some form of alien life. Our own knowledge of human evolution shows intelligent life is a process that can take place in other parts of this universe or universes beyond our observation. Tyson reminds listener/readers that humans have only existed in the last 300,000 years on a planet that is 13.8 billion years old.

Nothing keeps another form of life from coming into existence in a process either similar or different from our own.

Tyson does not believe aliens have visited Earth. However, when and if it happens, human history suggests people will likely feel threatened but not surprised. The many claims of aliens on earth, though found to be false, have set the table for most human’s belief in alien life. The points Tyson makes are that the universe we know is immense and that chemistry is universal. It is as likely for an alien culture to grow and evolve as a sentient life form as it was for human beings from the combination of water, amino acids, and various elements of life on earth.

A surprise in Tyson’s reasoning is that aliens will be no threat to humanity because of their superior intelligence and technology.

Tyson believes the difference between us and an alien will be like the difference between a chimp and a human on earth. This argument is not comforting. Chimp’s bite humans when they feel threatened. How many human beings will shoot an alien because of fear and ignorance? How would an alien respond to unwarranted violence? Intellect and superiority are no assurance for considered response by a more intelligent life form. A table might be set for elimination of our ignorant life forms because of our fear and instinctive reactions. The danger will always be misinterpretation whether by a superior life form or dumber humans.

Tyson’s “Take Me to Your Leader” is an interesting exploration of alien beings but there seems little solace for we who are not blessed with his scientific, insightful but flawed political view of history and human life.

HUMAN FOLLY

The weakness in Goldfarb’s idea of beaver management is that human society has never been good at “managing” animal behavior. The laws of unintended consequences seem to always get in the way.

Books of Interest
 Website: chetyarbrough.blog

Eager (The Surprising, Secret Life of Beavers and Why They Matter) 

Author: Ben Goldfarb

Narration by: William Damron

Ben Goldfarb (Author, environmental writer, journalist based in Colorado.)

Goldfarb has written a book about beavers, a nocturnal, thick furred, waterproof coated animal with teeth powerful enough to fell trees, strip bark, build natural dams, and carve channels through wood. His history of beavers is a mixture of positives and negativities about an animal that is both ecologically beneficial and destructive. Goldfarb clearly comes down on the side of ecological value for society to endorse beaver preservation and growth.

Beaver species.

A fairly balanced history of beavers is given by Goldfarb but those who take the time to listen/read his book are likely to be skeptical. Beavers naturally create wetland habitats that store water, filter pollutants, and create habitats for fish, birds, amphibians, and insects. Beavers are natural hydrological engineers that slow water erosion, restore groundwater, and mitigate drought. The ponds and wetlands they naturally create become fire safety breaks. Beavers create ponds that store carbon, buffer heat, and aid human climate-adaptation. On the other hand, beavers cause flooding of roads, basements, and farmland fields. They destroy trees, flood crops, and interfere with irrigation systems. They naturally propagate themselves to aggravate negative impacts on human farming and habitation.

Wetland management.

Goldfarb suggests the negative impact of beavers can be mitigated by human management of their behavior in natural habitats. To prevent flooding, he notes human actions can be taken to control water levels with flow regulation. Goldfarb notes beaver deception devices have been created by humans that effectively prevent flooding by deceiving beaver’s natural building habits that raise water levels. Goldfarb notes beavers natural dam building can continue with human oversight to control water levels with culvert diversions. Particular trees can be fenced or protected by wire mesh from being destroyed. The population of beavers can be managed by moving species to other sites or by limiting their areas of colonization. The advantage of beaver management is that beaver productivity would benefit society at less cost than human engineering and building of water management systems.

Natural beaver habitat?

With proper management by society, natural beaver habitats can improve water storage, buffer for fire damage, create natural fisheries, and restore the benefits of wetlands to the environment. Beavers could become the engineers and laborers needed to create an improved natural environment.

However, history shows humans have overfished habitats of Atlantic cod, Bluefin tuna, and salmon which has been exacerbated by poor hatchery management and dam construction. Predator eradication by humans wiped out wolves across Europe and North America causing explosions in deer and elk populations that overgrazed forests and caused excessive river erosion. Bison killed by human hunters nearly disappeared on the Great Plains in the 19th century. Their eradication is partly responsible for prairie ecosystem deterioration from invasive grasses, soil carbon depletion, and increasing dust storms. Mass poisoning campaigns of rats and mice led to their resistance to poisons and indirectly killed owls, hawks, and foxes.

The weakness in Goldfarb’s idea of beaver management is that human society has never been good at “managing” animal behavior. The laws of unintended consequences seem to always get in the way.

Türkiye

As a tourist to Turkey, one does not see an authoritarian’s impact on their society. Hansen lives in Istanbul for ten years to offer her insight to Erdoğan’s reorganization of Turkish society. Her experience reminds one of Trump’s authoritarianisms and its potential reaction to public discontent.

Books of Interest
 Website: chetyarbrough.blog

From Life Itself (Turkey, Istanbul, and a Neighborhood in the Age of Erdoğan) 

Author: Suzy Hansen

Narration by: Suzy Hansen

Suzy Hansen (American journalist and author.)

Suzy Hansen was born in New Jersey and earned a B.A. from the University of Pennsylvania. She became a journalist and moved to Istanbul in 2007 for ten years. The move is motivated by receiving a fellowship from the Institute of Current World Affairs. She is offered the fellowship to study and write about a two-year cultural immersion in a foreign society. “From Life Itself” is a compilation of her research and experiences in Istanbul that enlighten those who have visited Turkey but only as a tourist, not as an educated journalist.

President Recep Tayyip Erdoğan of Turkey.

Hansen’s book is revelatory in explaining Turkey’s more recent history and the rise of its Prime Minister and current President Recep Tayyip Erdoğan who has been in office since 2003. The growth and reconstruction of Istanbul is part of Hansen’s history of Turkey. She interestingly explains her view of Erdogan’s rise to power and how the political system of Turkey’s capital has been shaped by history and the rise of Erdoğan.

President Recep Tayyip Erdoğan and Donald Trump are authoritarians.

Erdoğan is characterized by Hansen as a powerful authoritarian. That authority, in Hansen’s opinion, has led to corruption, questionable elections, and a reshaping of public institutions, public life, and the personal lives of Turkish citizens. Hansen suggests Erdoğan’s rule fits within the long history of Turkish autocracy. She reflects on Turkey’s political history of discrimination against non-Turkish residents from different cultures like Syria and other middle eastern countries.

Muhtar influence by President Recep Tayyip Erdoğan.

Hansen notes how village leaders, called muhtars, become sources of both cohesion and disruption of Turkish communities. They are elected by local villages or urban neighborhoods. These muhtars are information sources for newly arrived immigrants who transform communities. Muhtars aid newcomers to understand differences from their cultures and historic Turkish traditions. As immigration increases, tensions rise, immigrants are rounded up, abused, sometimes murdered, and forced to move to other neighborhoods or countries. Erdoğan’s authoritarianism reinforces a kind of fascism that rises from local Turkish citizens. Hansen argues local leadership corruption, questionable elections, and institutional leadership change are methods used by Erdoğan in his authoritarian rule.

Authoritarinism.

Reflecting on Turkey’s history, its Ottoman Empire precursors, and world history Hansen argues Erdoğan fits in with Turkey’s long experience of autocracy. The broader point made by Hansen is that authoritarianism is growing around the world. What Turkey’s citizens are experiencing today are happening in many parts of the world; i.e., including the United States. Her observations carry weight in light of changing immigration policy in America and the election of Donald Trump. Everyday life is changing in Turkey, just as it is in America. Democracy seems to be waning in the face of authoritarianism.

Public Health Agencies in America.

Hansen explains how local service organizations in Turkey are being politized or shut down by elimination or placement of government loyalists that control government and non-government institutions. (This seems similar to President Trump’s appointments at OAS, NSB, Dept. of Defense, Dept. of Education and various public health agency organizations in America.) These new appointments and reorganizations exacerbate social division. Newly appointed leaders by an authoritarian change original institutional purpose. Hansen argues Erdoğan is demographically reengineering Turkish society. Democracy is undermined by authoritarianism. Life becomes less free.

Hansen notes an attempted coup in Turkey in 2016 and the reaction of Erdoğan. Her experience reminds a life-long resident of America of Trump’s authoritarianism and its potential reaction to citizen discontent.

As a tourist to Turkey, one does not see an authoritarian’s impact on their society. Hansen lives in Istanbul for ten years to offer her insight to Erdoğan’s reorganization of Turkish society. Her experience reminds one of Trump’s authoritarianisms and its potential reaction in public discontent.

AN ACCOMPLISHED WOMAN

“A Woman in Arabia” is a compilation of Gertrude Bell’s writing and involvement in the Middle East in the early 20th century. Her experience and ability to influence the course of events in the Middle East is concrete evidence of the mistaken view of sexual inequality.

Books of Interest
 Website: chetyarbrough.blog

A Woman in Arabia (Gertrude Bell–The Writings of the Queen of the Desert) 

Author: Bret Baier

Edited by: George Howell

Narrated by: Sian Thomas & 2 More

Gertrude Margaret Lowthian Bell (British archaeologist, explorer, political officer, and writer.)

Gertrude Bell was educated at Queen’s College and received a first-class degree in modern history from Oxford in 1888 at the age if 19. She was the first woman to earn a first-class degree at Oxford. Women were not awarded graduation degrees at Oxford at that time, but her intellectual capability compelled the institution to recognize her accomplished study in modern history. (Oxford did not award general college degrees to women until 1920.)

Bell is born into a wealthy family that gave her advantage, but it is her work ethic, adventurousness, and intelligence that demonstrated more than her privileges.

What “A Woman in Arabia” reveals is Bell’s intelligence, erudition, desire for adventure, and research experience. She became a competent field archaeologist who learned Persian and Arabic while traveling through and living in the Middle East. She was a remarkable linguist who could speak a number of languages. Bell is born into a wealthy family that gave her advantage, but it is her work ethic and intelligence that demonstrated more than her privileges. She became recognized in the world as a person who helped shape the modern state of Iraq by supporting installation of King Faisal I as its ruler in 1921. She helped define Iraq’s borders after the collapse of the Ottoman Empire.

Mesopotamia became territories recognized as Syria, Palestine, Arabia, Israel, and Asia Minor.

Bell spent years mapping and exploring Mesopotamia after leaving England and living in the Middle East. She became intimately familiar with Mesopotamia, which became territories recognized as Syria, Palestine, Arabia, Israel, and Asia Minor. She participated in major archaeological digs and founded the Iraq Museum in Baghdad. Her numerous writings are compiled in “A Woman in Arabia”. A compilation of her writings explores her critical role in the creation of an independent Middle Eastern’ nation known as Iraq.

For anyone who doubts equality of the sexes, Bell represents the truth of a false belief perpetuated by the illusion of male superiority.

Bell shows herself as an accomplished human being, respected by governments, Kings, and the general public in the same way as the greatest men of her or our time. Bell is a woman of substance who reveals her love of two men (one an adulterous married veteran of WWI and another whom her father refuses to countenance because of his alleged unsavory character). Bell never marries. She grows to maturity to council governments and rulers about the value of Middle Eastern countries and their desire and capability to rule as independent nations. This is during a tumultuous time when the Ottoman empire is trying to take, by force of arms, as much Middle Eastern territory as they can.

Sir Percy Cox (The British High Commissioner for Mesopotamia.)

Bell counsels and significantly influences several powerful and well-known “great men” of her time. Great Britain is a major player in the Middle Eastern resistance to Ottoman control of the territories that became Syria, Iraq, Turkey, Iran, Kuwait, and Jordan. The High Commissioner for Mesopotamia (the name assigned before Middle Eastern nations’ formation) is Sir Percy Cox. Bell’s correspondence shows she is highly esteemed and trusted by Cox who had appointed her as his Oriental Secretary and adviser on tribal politics of what became the nation of Iraq.

Sir Arnold Wilson (Acting Civil Commissioner in Mesopotamia.)

Sir Arnold Wilson was the Acting Civil Commissioner in Mesopotamia before Sir Percy Cox is appointed The High Commission. Bell served under Wilson as his eyes and ears in Mesopotamia during World War 1. Her familiarity with leaders in the Middle East led to the choice of King Faisal I as the Hashemite monarch in 1921. Bell became a close friend and adviser to Faisal in the governance of Iraq which aided in peace between factions of Iraq’s Sunni, Shi’a and Kurdish peoples. Bell worked closely with T. E. Lawrence (the famed “Lawrence of Arabia”) in what became the Arab Bureau that dealt with Middle Eastern nationalism and statecraft.

Lawrence of Arabia.

“A Woman in Arabia” is a compilation of Gertrude Bell’s writing and involvement in the Middle East in the early 20th century. Her experience and ability to influence the course of events in the Middle East is concrete evidence of the mistaken view of sexual inequality.

AMERICA

Bret Baier highlights civic ideals, recalls history that reveals American continuity, and encourages listener/readers to be grateful for what they have, or achieved in American life. There remain many structural injustices that have not been overcome by past or current American Presidents.

Books of Interest
 Website: chetyarbrough.blog

The Case for America (An Argument on Behalf of our Nation) 

Author: Bret Baier

Narration by: Bret Baier

Bret Baier (Author, American journalist, political anchor for Fox News.)

Patriotism is devotion to one’s country with a willingness to uphold its principles. Bret Baier’s “The Case for America” is a teacher and conservative newscaster’s expression of his personal American patriotism. As a white American male, he recalls the national ideals created by the founding fathers of the Declaration of Independence and Constitution. He clearly identifies the national ideals of America’s founders and their historical sacrifice. To some who listen to his book, one feels he glosses over many of the historical truths of discrimination, slavery, and unequal treatment in America.

Martin Luther King and the civil rights movement in America.

American unity is not a moral imperative. American unity is a political project in the process of perfecting human equality and economic opportunity. It is far from achieving that goal, but America’s leadership and philosophy is as Martin Luther King advised, an “…arc bending toward justice.” Americans, like all human beings, are flawed but the founding fathers created a basis upon which equality of all citizens may be achieved.

Most Americans, regardless of their circumstance in life, support the ideals of freedom, respect for all human beings, and are willing to defend an American way of life. Americans vote for what they believe in, many are willing to take responsibility for civic involvement, and a free press informs the public of the state of American affairs. Baier’s history is measured to reinforce the positives of American history. However, his historical framing is selective in ways that underrepresent American inequality and the failure of institutions to protect all citizens equally.

American protest.

Baier argues unity is a moral duty rather than a political challenge. Divisions in America are unclearly defined. There are real conflicts of interest, immense power differences, and historical traumas that make unity less appealing. Those truths are minimalized or unspoken by Baier. They create today’s unresolvable divisions. Baier’s expression of patriotism is not enough to assuage many Americans’ discontent. The role of dissent in America has changed the course of its history. Baier fails to identify many of those dissents by emphasizing unity, stability, and institutional continuity. He seems to ignore the value of protest movements, whistleblowers, and radical reformers when they have been essential to American progress.

American Presidents.

Baier focuses on Presidential leadership, their decision-making process, and character rather than the complexity of American political life. To identify President Reagan in the league of Washington, Jefferson, Lincoln, Franklin Roosevelt, or Truman is a betrayal of Baier’s political objectivity. Reagan like Biden are patriots of America but they aged to a level of incompetence in their terms of office. There are differences of opinion about American history. Not all believe, understand, or agree on what America stands for. Ideological, racial, economic, and informational differences are glossed over by Baier.

Nevertheless, Baier highlights civic ideals, recalls history that reveals American continuity, and encourages listener/readers to be grateful for what they have, or achieved in American life. Despite the errors of being human and growing old, all Presidents of America have contributed to the progress of Democracy’s ideals. There remain many structural injustices that have not been overcome by past or current American Presidents.

GUILT

A company and its employees can be convicted for insider trading and be sentenced to prison but a company’ owner can walk away with a fine and no criminal penalty or prison time.

Books of Interest
 Website: chetyarbrough.blog

Black Edge (Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wallstreet) 

Author: Sheelah Kohatkar

Narration by: Kaleo Griffith

Sheelah Kohatkar (Author, staff writer for the New Yorker.)

“Black Edge” is about insider information that will give an advantage to a stock market’ investor. There is an elusive line crossed when an investor solicits information from an informed source that is not available to all investors. The line seems blurred by how the question is asked and whether the information given is available to everyone that is interested. Because the solicitation of information is not publicly provided information, the law defines it as illegal advantage to a singular investor rather than the general public. What makes this difficult to grasp is a diligent investor might do more research than the general public before investing in a stock. Is diligence a crime? Who is the criminal–the investor, the person who reveals proprietary company information, or the information pursuer? “Black Edge” implies all three are guilty but only one is criminally chargeable.

Steven A. Cohen (Former owner of SAC Capital.)

Sheelah Kohatkar researches the rise of Steven A. Cohen and SAC Capital to explain how complicated and difficult it is to prosecute an investor or his/her company for insider trading based on “Black Edge” information. One might argue Steven Cohen simply created an investment company focused on researching possible stock investments or sales based on the best information that can be found by diligent research on a company’s activities. Cohen gambled on that information by making large investments short sales or divestments of a subject company’s stock. SAC Capital became extraordinarily successful in buying, shorting, or selling publicly held stock based on that research. Kohatkar shows how those actions became criminal because of employee’ researchers that fed information to SAC Capital that is not readily available to the public. This became a violation of the law because Cohen’s company bet on what is classified as “insider information” found by SAC employees. Of course, that information may have been acquired by any investor who is willing to create an organization designed to research a target companies’ product before making a decision to invest in, short, or sell its stock.

SAC Capital is fined $1.8 billion dollars and is dismantled when found guilty of insider trading.

Cohen is never found personally guilty of insider trading, but SAC Capital is fined $1.8 billion dollars and is dismantled as part of a plea. The firm is found guilty with Cohen forbidden the right to manage outside money for two years with a payment of a $90 million dollar penalty. After expiration of the ban, he starts a new company, Point72 Asset Management, that manages billions of dollars for himself and his investors.

Cohen is never imprisoned for his investment activities but two of his employees were found guilty, fined, and imprisoned.

Cohen is never imprisoned for his investment activities but some of his employees were found guilty, imprisoned, and taken from their families. Cohen insulated himself from researchers in his firm and avoided direct communication with publicly held’ companies in which he chose to invest, short, or sell stock in. Cohen paid a penalty but served no time in prison for insider trading. In contrast, people he employed to get insider information went to prison, were fined, and endured family hardship caused by that imprisonment.

Kafka’s hell exists in today’s world just as it did when it was published in 1925.

Cohen’s attorneys manage to show prosecutors that he never knowingly participated in the collection of insider information. However, Mathew Martoma and Michael Steinberg, two of Cohen’s employees, were convicted because they were proven to have directly obtained non-public information, traded on it and personally profited from insider information. These two employees gathered (from personal conversations and private reports of publicly held companies) information not available to the general public. Their personal trades on non-public information made them guilty of “insider information” crime. In contrast, Cohen is not criminally prosecuted because he could not be affirmatively proven to have instructed his employees to gather insider information. Cohen is found to have failed to supervise his employees but that is only a civil, not criminal act.

This is a troubling history. “Black Edge” shows that an investment company’s structure can be set up to pressure employees to break the law without being held criminally liable for the use of insider information.

Even though an owner creates a company designed to solicit insider information, they shield themselves from criminal liability. The employees who actually gather insider information are guilty but the owner of a company who profits from their work is not guilty of the same crime. A company and its employees can be convicted for insider trading and be sentenced to prison but a company’ owner may walk away with a fine and no criminal penalty or prison time. As Lord Acton noted in 1887, “Power tends to corrupt, and absolute power corrupts absolutely”.