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Norman Sperling
2625 Alcatraz Avenue #235
Berkeley, CA 94705-2702

cellphone 650 - 200 - 9211
eMail normsperling [at] gmail.com

Norm Sperling’s Great Science Trek: 2014

San Luis Obispo
Santa Barbara
Palm Springs
Death Valley
Tucson
El Paso
Corpus Christi
Baton Rouge
Tampa
Everglades
Key West
Winter Star Party, Scout Key
Miami

MARCH 2014:
up the Eastern seaboard
mid-South

APRIL 2014:
near I-40, I-30, and I-20 westbound

MAY 2014:
near US-101 northbound
May 17-18: Maker Faire, San Mateo
May 23-26: BayCon, Santa Clara

California till midJune

JUNE 2014:
Pacific Northwest

JULY 2014:
Western Canada, eastbound

AUGUST 2014:
near the US/Can border, westbound
August 22-on: UC Berkeley

Speaking engagements welcome!
2014 and 2015 itineraries will probably cross several times.

The Stealth of Nations: The Global Rise of the Informal Economy, by Robert Neuwirth. Pantheon 2011.

review © Norman Sperling, February 7, 2012

This new book tells nothing new, and offers many examples of no value. Ostensibly celebrating the pirate economy, the author neither self-publishes nor finds street sellers. Instead, he contracts with a name-brand publisher, copyrights his tales of piracy, and repeatedly invalidates his own premises.

The underground and pirate economy is not rising, it's always been around. This "informal economy" is older and far more entrenched than the formal one. In several places the book admits that, but immediately reverts to the fantasy that working "off the books", on the street, on the margins, or not fully licensed, is new, or increasing.

What's newer, and growing far more vigorously, is the formal economy that earns confidence, enforces inspections, builds brands, and does things right. Several times, the narrative brushes up against the roughly-direct relationship between an enterprise's degree of formality (for which the author selects the odd proxies of being licensed, registered, and taxpaying) and its degree of trustworthiness. Trust and confidence are critical in transactions.

That's why customers graduate to more formal levels of the economy as soon as they can. They get better quality and therefore better value: the things they buy are closer to "real" and "working" and "sturdy" and "supported", and therefore worth the higher price. This generates valuable repeat-business, compared to street-hawkers who always need to drum up yet more new customers. Of this, the book gives only the slightest mention.

The author offers several sighs over capitalist misbehavior, while citing far more examples (without sighs) of pirate misbehavior. Almost all the misbehavior is just plain short-sighted: taking an immediate advantage and ignoring its (bigger) long-term consequences. Undermining value, as several chapters on piracy celebrate, undermines confidence. Folks who can't afford the most-trustworthy goods, and therefore take less-trustworthy, discounted street-goods, often live to regret it. Frequently-cheated customers are less eager to buy, which slows the 'speed of money', whose rate tracks the health of economies.

Save your time and money: skip this book. To improve the economy, earn as much confidence as you can (in reality, not just "licenses and registrations"), and do business with others who also earn confidence.

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