Category: Commentary, Critique, and Response

  • ACCOMPLISHED Karl is one of the best bloggers in American economics today. He’s

    http://www.forbes.com/sites/modeledbehavior/2012/05/23/welcome-to-the-new-blog/MISSION ACCOMPLISHED

    Karl is one of the best bloggers in American economics today. He’s a rare honest progressive that mixes flawlessly unbiased ‘Smithian’ analysis of the data with relentlessly consistent policy ideas without descending into the partisan quackery that’s so pervasive among the progressive writers. While I’d hoped that he’d end up on The Post or Washington Times in order to counter the NYT, where his work would more naturally affect the daily political discourse, it’s perhaps more natural a fit, and more intellectually gratifying to have him in the family, at Forbes.


    Source date (UTC): 2012-05-23 08:50:00 UTC

  • @Karl Smith RE: “Yet, [people] seem unwilling to give up on tribal beliefs. What

    http://modeledbehavior.com/2012/05/07/the-ideas-of-economists-and-philosophers/http://modeledbehavior.com/2012/05/07/the-ideas-of-economists-and-philosophers

    @Karl Smith

    RE: “Yet, [people] seem unwilling to give up on tribal beliefs. What accounts for this?”

    And, speaking of facts, what evidence do you have that people ever, under any conditions, cease to act according to their tribal sentiments?

    I know you can’t either grasp or accept this, but you’re argument is unscientific.

    Your approach redistributes status, power and identity along with money.

    The people who care most about losing that status, power and identity are those who are invested in status, power, and identity rather than money.

    You are stifled because your VIEW OF MAN IS SUBECT TO THE REDUCTIO ERROR.

    So the question is not how you and your SUBSET OF FACTS prevail in order to support your reductio ideology, but given the TOTALITY of facts, how we can implement a coordinated set of policy provisions.

    The reason you argue against this is that you, like Krugman and DeLong, are not as interested in prosperity as you are in creating a class of political managers that are the sole possessors of status, power and identity, and the citizens are subjects. That might work in a small state. But it will not work in the american empire.

    In other words, you’re proof of the theory. 🙂

    But at least you’re honest about the subset of facts, even if you’re dishonest because you ignore the more salient facts: that money is a route to status, power and identity, and that humans desire to consume those three things above all others.

    Selective chose of FACTS is not scientific. It’s ideological.


    Source date (UTC): 2012-05-07 09:43:00 UTC

  • PARENTS TORTURE LIONESS BY DRESSING CHILD AS ZEBRA Saw this on the news this mor

    http://www.youtube.com/watch?v=6fbahS7VSFsHUMOR: PARENTS TORTURE LIONESS BY DRESSING CHILD AS ZEBRA

    Saw this on the news this morning Proof that a kid in a striped shirt is catnip for lions. Now. what’s interesting is that this isn’t the only video on Youtube where a kid in a striped shirt attracts the passionate interest of a lioness.

    “Hey. Lion. Hey. Not only do we have opposable thumbs. But we can make stuff like glass, and dress our kids in costumes that put you in a feeding frenzy”

    Now, why does this video remind me of internet debates about politics?


    Source date (UTC): 2012-05-03 10:42:00 UTC

  • Obama doesn’t need help hurting himself. He does fine on his own

    http://www.rawstory.com/rs/2012/04/22/olbermann-almost-deliberate-gas-price-hikes-are-to-hurt-obama/Um. Obama doesn’t need help hurting himself. He does fine on his own.


    Source date (UTC): 2012-04-23 04:16:00 UTC

  • Ozimek Suggests The Future Will Include More Time In Front Of The Television. 🙂

    http://modeledbehavior.com/2012/04/21/the-future-is-not-what-you-want/Adam Ozimek Suggests The Future Will Include More Time In Front Of The Television. 🙂


    Source date (UTC): 2012-04-21 20:43:00 UTC

  • The Village Voice Calls Me A Conservative (Right) And A Racist (Wrong).

    I supposed I should know better, but the Village voice is attacking me, and every other ‘right wing blogger’ for defending John Derbyshire.

    Curt Doolittle  … allowed as how “racism is just plain stupidity.” Nonetheless he explained that “African Americans FACTUALLY demonstrate African American distributions of IQ are FACTUALLY almost a full standard deviation lower than that of their white counterparts,” and that “whites used to be racist but the wars ended their comfort with self confidence. Blacks are racist at the bottom.”

    Doolittle also noted that black people are disproportionately represented in crime statistics. He did not consider their disproportionate representation in poverty statistics to be connected — that sort of thinking, we suppose, would conflict with the Austrian Libertarian tradition — but suggested that “aberrant behavior among minorities” in the U.S. is “tolerated under the principle of diversity and freedom of self expression.”  — The Village Voice

    To which I replied:

    Thank you for quoting me on this issue.  I was pretty reluctant to write about it.  It strikes me as odd that if I write something on fashion or gender relations, or racism, that it gets a lot of attention — my most popular article was when I stated that tattoos had gone out of style in the middle class.  But if I write something meaningful about political theory you can hear crickets.  So, I guess this kind of thing goes with the territory.

    But I have a few nits with your quote:

    1) Racism is just plain stupid. One cannot judge an individual by the properties of his class. Although one can judge a class by the properties of its individuals.

    2) Denying that we in the states have a racial issue is not stupid. It’s obvious, or we wouldn’t be having this discussion. I’lll avoid the detail of why we have a greater problem with race than our English and Canadian counterparts, but the fact that we do, is indicative of the problem. They can enforce behavioral norms, and our society has forbidden such pressure to conformity as the French impose.

    3) Denying that poverty is a symptom is not stupid either. You imply that I do not seem to appreciate this issue.  Acknowledging that the reason for poverty is not racism but IQ is not stupid either. It’s just what it is.  Acknowledging that the distribution of IQ varies among groups isn’t stupid either.

    5) I’m not advocating racism – that is an emotional construct. I”m saying that the suite of policy solutions that seek to solve the problem through educational commingling, and treating racial groups as homogenous in ability is simply HARMFUL to those at the bottom,  40% of whom are black. Even the genders are not homogenous. If we look at the data we should not start boys in school for a year after we start girls, and perhaps two years. That’s just one aspect of the Finnish model.  Instead, those troubled demographics need special attention. I’m appealing for special attention — ie: schools designed to teach something other than middle class whites and asians.  I can forgive you for not knowing my broader political position, and leaping to the conclusion you did. I’m just not sure I want to let the error go unanswered. And a look at the complexion of my family, which is a rainbow, should be enough to convince anyone of my personal disposition.

    6) Derbyshire was fired for speaking the truth in order to draw attention to the problem.  I”m not sure I think his argument is particularly useful. I am sure I don’t agree with his reasons or his solutions. But he was speaking the truth. If you are one of the deniers that thinks human IQ distributions are environmental rather than genetic, then you can get together with climate deniers and have a celebration.  But the matter is settled in the data. It’s settled in the profession.  And the dirty secret of the Human Genome project: we now know why. Social classes are genetically determined too. And capitalism’s fast meritocratic rotation makes these differences rapidly visible.

    So lets move beyond name calling and solve this problem.  We can solve it by throwing welfare money at it, or do what we’re doing and continue to see little progress, or we can understand that a very different school system is needed with far more support for a demographic that needs special care in order to fit successfully into society.  Because what we’re doing isn’t working.

    The race and class warfare prevents us from “Getting To Denmark” and building an egalitarian society. I don’t believe that society can be created with a 300M+ population like it can in a 5M population if  we have to rely on a government where consensus of belief is needed and where  the winner takes all.  And reorganizing our political institutions to accomodate for our impossibly complex diversity of opinion, desire, visions AND abilities, is what I work on full time.

    I don’t expect thanks for it. On the other hand, I have many faults, but I don’t think the one you’re attributing to me is one of them.  🙂

    Thanks

    Curt Doolittle

  • you for the perfect review site. Can you please expand the products you cover? T

    http://thewirecutter.com/Thank you for the perfect review site.

    Can you please expand the products you cover?

    Thanks again. 🙂


    Source date (UTC): 2012-04-20 10:36:00 UTC

  • The Black Swan Simplified? It’s Conservatism In A Nutshell Silly.

    Mark Crovelli writes on Mises.org Brazil, that the central message of the Black Swan is “PROBABILITY IS SUBJECTIVE AND SHOULD NOT BE TAKEN TOO SERIOUSLY”. Then on his Facebook page asks for thoughts. Well, it is always dangerous to ask for opinion after you publish something rather than before. 🙂 The central message of The Black Swan is that we should not fool ourselves into thinking our models are predictive, because we cannot forecast severe events, and if we use forecasts to create policy that does not tolerate severe events, then we will of necessity create fragility.

    [callout]The Black Swan is a warning about fragility. It is a restatement of conservatism’s core tenet: a warning against innate human hubris — in practical terms, with modern examples. [/callout]

    And he doesn’t just mean economic corrections. He means, depressions, civil war, and poliitcal dissolution or conquest. His narrative starts with the belief among the diverse Levantine peoples that they were ‘special’. That the rest of the world was foolish. That they had solved the problem of diversity. And they learned that they were wrong. Their society was conquered and died because of it. And now, instead of being a exception in that world, it is just another poor part of it. It’s this kind of severity he’s warning us about in the black swan. He’s just using his experience with the financial markets to illustrate in clear terms how a financialized society and a financialized government, can produce policy that results in fragility. The black swan is a warning about fragility. It is a restatement of conservatism’s core tenet: a warning against innate human hubris — in practical terms, with modern examples. So, while you might believe you’ve simplified his statements, I think that you have laundered, by the use of aggregates, what is valuable in them — just as we Austrians argue that Keynesian aggregates eliminate all meaningful information from economic data, and thereby ignore the inter-temporal settlement that is a mandatory component of the process of production, and the human calculation and incentives that follow. This is not a mistake our side of the fence is supposed to make. 🙂 Anyway, cheers for taking on a hard subject. 🙂

  • the best portrait photo of Ron Paul EVER

    http://www.time.com/time/specials/packages/article/0,28804,2111975_2111976_2111999,00.htmlAlso the best portrait photo of Ron Paul EVER.


    Source date (UTC): 2012-04-18 18:03:00 UTC

  • A Not So Funny, All Too True. Anti Immigration Cartoon

    A humorous anti-immigration cartoon.

    [youtube https://www.youtube.com/watch?v=AymhJheL4Jk?feature=player_embedded&w=640&h=360]

    My significant other, who is Meti (mixed native-american and white) has a pretty strong anti-white streak for this reason. And listening to her, I don’t suppose that white people will feel any differently about the minorities that outnumber them in the future.