Category: Commentary, Critique, and Response

  • On The Myth of Sisyphus

    http://www.capitalismv3.com/?p=2568Reflections On The Myth of Sisyphus.


    Source date (UTC): 2011-04-21 10:25:00 UTC

  • French posted this short article on our education ‘bubble’. I”m trying to figure

    http://mises.org/daily/5211/Conventional-Education-Will-Go-the-Way-of-Farming?sms_ss=facebook&at_xt=4da8bacf251b69e9%2C0Doug French posted this short article on our education ‘bubble’. I”m trying to figure out if it’s thought provoking. Maybe. I don’t think we’ll save on education in the future. I think that we overspend on irrelevant education, but that we could spend much less on relevant education. Unfortunately, under Democratic Secular Humanism, the university is the church. And good luck getting the church to change it’s doctr


    Source date (UTC): 2011-04-15 17:42:00 UTC

  • Ayn Rand’s ‘Selfishness’ Is A Play On Words In Order To Hook Your Attention

    Selfishness, as defined by Rand, is a play on words in order to hook people’s attention. It is a classic marketing trick. It assists her in marketing her ideas specifically because the word ‘selfish’ has negative connotations. While she uses the word ‘selfishness’ the general idea is used by other writes as any one of: individualism, responsibility, enlightened self interest, or pragmatic self interest. The purpose of the idea of self interest is epistemic: you can’t KNOW enough to work for other people’s interest in a division of knowledge and labor. In a division of knowledge and labor, you can’t KNOW very much. We’re necessarily ignorant. Our view of the world is very limited. It’s simply a proscription for ‘think globally, act locally’. So, self interest, or selfishness is simply a play on words for the purpose of making us look at individual responsibility inversely – as taking care of others by taking care of ourselves, rather than as the duty that we have to one another to take care of ourselves. Rand was trying very hard to market individualism and freedom during a period of socialist expansion, when there was rampant false attribution of success to the soviet model by western sycophantic pseudo intellectuals – the soviet model that had destroyed her family. So she is making a play on words to hook your attention. There is nothing in rand that is not, at least in implication, in Adam Smith or Frederic Bastiat. Hayek tries to remind us that the source of freedom that we know as Classical Liberalism was a product of the English empirical pursuit of science, and the analysis of data that had accumulated by the 18th century, as the middle class grew in size. But that at the same time, the French were pursuing the concept of freedom as a REACTION to the english, by RATIONAL or verbal reasoning, rather than by data – the germanic protestant versus latin catholic approach to life shows up everywhere. These rational arguments are moral arguments. Moral arguments are by definition specious. But they are easier to digest by the common person, and easier to manipulate by politicians. In large part, the language of freedom was distributed by translation that were made from french literature using the french interpretation in rational terms of english empirical principles and reasoning. So the language we use today to discuss freedom has become the rational of the french, rather than the empirical of the english. This french rationalism is where marx obtained the foundation of socialism and communism.

  • The Remaining Marxists Are Not Trying To End Poverty

    From a Comment on Cafe Hayek: “Marxists must define poverty as a relative phenomenon. Otherwise, they couldn’t in good conscience be marxists.” Or perhaps, better said, they wouldn’t have a semi-rational reason to justify class envy, and therefore attempt to obtain unearned social status through political power rather than through market service of others.

    [callout]Social status is important. It’s a cognitive necessity. It tells us who to imitate.[/callout]

    The left’s desire is not to end poverty, it is instead, the desire to alter one’s natural, biologically and environmentally determined social status either by gaining access to unearned income or by gaining status through access to political power. And social status is not irrelevant. Social status is important. It’s a cognitive necessity. It tells us who to imitate.

  • Anarcho Capitalism Is As Logically Ridiculous As Marx’s Communism – But Both Have Something To Teach Us

    Marxist doctrine states that steps are required to create the utopian communist society. The eventual result of marxism’s destruction of the system of property was for the purpose of creating an anarchic society where everyone had what they wanted, and wanted nothing more – the fixed-pie fantasy. The state was only necessary as a first step in order to make it possible to get to that utopia. Socialism was simply the first step in reaching the marxian utopian dream of the non-propertarian, anarchic, left libertarian society. Socialism means ‘state ownership of the means of production’. Communism means that there is no property whatsoever or the need for it. Communism was the next evolutionary step after Socialism. People tend to treat communism and socialism as synonyms but they are not. They are a sequential strategy for achieving the marxist utopian society.

    [callout]Once you understand how ridiculously impossible communism is, you can also understand how ridiculously impossible anarcho capitalist libertarianism is.[/callout]

    Once you understand how ridiculously impossible communism is, you can also understand how ridiculously impossible anarcho capitalist libertarianism is. Socialism is impossible because of the problem of knowledge (distributed and fragmentary), prices (provide the information system), and incentives (encourage people to produce). Communism is impossible because humans never cease to want new stimulation and because we are unequal, and our reproductive strategy insures rotation such that we shall never be equal. So effectively, communism is impossible because populations need property in order to produce prosperity. Anarcho capitalism is impossible because of the problem of creating and maintaining complex forms of property. Men will no more stop seeking better mates and more stimuli, than they will stop seeking to benefit by fraud theft and violence. We need political institutions to channel men’s actions into market activity rather than hedonism or predation. We need very few of those institutions. and the fewer the better. But we need them. If you think communism is impossible, then logically anarcho capitalism is impossible. They both depend on a belief in the nature of man that is counter to self-reflection, observation and history.

  • Americans May Be Wiser Than We Think After All

    Newsweek did another poll that purports to measure our cultural ignorance.

    How Dumb Are We? NEWSWEEK gave 1,000 Americans the U.S. Citizenship Test–38 percent failed. The country’s future is imperiled by our ignorance.

    Which brings to mind a chain of reasoning: 1) To increase productivity and therefore decrease prices, we must all participate in a division of knowledge and labor. 2) As productivity in the division of labor increases, the total stock of human knowledge increases. 3) As the stock of human knowledge increases, each of our shares of that knowledge decreases. 4) As our individual shares of that knowledge decrease, our knowledge consists largely of those things that we can act upon given the resources at our disposal. In other words, people aren’t so much ignorant as they are knowledgeable about what actually matters. They may not have room for the irrelevant.

    [callout]The general perception, and the presupposition of the boomer-era article’s sentiments, is that political knowledge is valuable.[/callout]

    The general perception, and the presupposition of the boomer-era article’s sentiments, is that political knowledge is valuable. And it implies that we can possess the knowledge needed to understand the issues that our government must manage given it’s current constitution. And it further implies that political freedom is a ‘good’ – when, it’s evident from the record of history that personal freedom is absolutely a good, but political freedom is simply a necessary evil in order to prevent the government from forming a predatory bureaucracy, and treating the population as it’s property. So people only need the minimum knowledge of government needed to preserve their personal freedom. People aren’t ignorant. They’re too ignorant of political knowledge and economic principles to make political and policy decisions. And that’s not surprising because political decisions are of necessity made in ignorance. And decisions are made in ignorance either out of political necessity or political contrivance. They must be. Because we do not possess sufficient knowledge or DATA in government to make any other form of decision OTHER than decisions of political necessity and political contrivance. Politics has become ridiculous and irrational because at the scale of our empire, the data no longer exists with which to make rational arguments in real time. The political structure cannot operate without data. And so, like the chinese, we have devolved into sentimental moral arguments rather than practical, political and economic arguments — the furtive gestures and spittled pontification of silly Keynesian probabilists to the contrary. So it’s good that people are ignorant of it. There is no value in the study of falsehoods. Maybe Americans are wiser than we think after all.

  • tearfully through an interpreter by phone, the mother of a 32-year-old worker sa

    http://www.foxnews.com/world/2011/03/31/japans-nuclear-rescuers-inevitable-die-weeks/”Speaking tearfully through an interpreter by phone, the mother of a 32-year-old worker said: “My son and his colleagues have discussed it at length and they have committed themselves to die if necessary to save the nation.” – There really are men of honor left in this world.


    Source date (UTC): 2011-03-31 16:24:00 UTC

  • opportunity criticism

    http://www.capitalismv3.com/?p=2421Equal opportunity criticism.


    Source date (UTC): 2011-03-12 19:48:00 UTC

  • Play. Priceless. Very well acted. I kept thinking that adding the characters of

    http://freudslastsession.com/Short Play. Priceless. Very well acted. I kept thinking that adding the characters of Nietzsche and Tolkien would have really made for an interesting evening. I’d side with Nietzsche and Tolkien over Lewis and Freud any day. 🙂

    Wanted to catch the version of Macbeth that’s scheduled but it hasn’t started yet.


    Source date (UTC): 2011-03-12 19:30:00 UTC

  • Response To Judith Curry On Scientific Storytelling

    Copied here from http://judithcurry.com/2011/03/06/climate-story-telling-angst. On Climate ETC: Judith Curry writes:

    If climate scientists were to use their past accomplishments to bolster their current claims, there would be less controversy, as it’s more difficult to undermine the credibility of established achievements.

    Which is a distracting straw man argument that posits the climate issue as one of communication rather than credibility. I responded with:

    [callout]Why do I know that what I say here will not make a difference? Because researchers in the physical sciences have perverse incentives because of the economic structure of labor in academic research. Therefore, scientists will not change their behavior because it would cause them to pay the cost of that change, and that cost is too high in relation to ALL THEIR OTHER COSTS AND BENEFITS. …. In other words: People in glass houses shouldn’t throw stones.[/callout]

    I’m an economist. (A political economist. I’m not an econometrician – the kind of people who in economics make the same mistakes as physical scientists – forecasting.) Whether economists are scientists is still open for debate, but we have a similar problem of credibility in our field, even though economics and politics are more naturally interdependent than are the physical sciences and politics. Regarding Past Achievements. If we study both the history of science, the history of political activism, and the history of marketing we end up with a very different conclusion than you state above, and storytelling wont’ cure it: 1) Science is riddled with as many faulty conclusions as successful achievements – in fact, of necessity, far more faulty conclusions than successful achievements. (Everything from the notorious Phlogiston theory, to the Mathusian error, to the 70’s fascination with ‘global cooling’ and the upcoming ice age. Furthermore, Apocalyptic pronouncements are almost universally false if we look at the history of ideas across all fields. The universe is far more equilibrial than we are. Christendom in particular, is anti-apocalyptic because the apocalyptic vision is attached to ancient sentiments.) 2) Far more than 90% of research papers that achieve public attention contain errors in reasoning that invalidate the premise. (Depends upon whose study you look at — but, it’s bad no matter how you look at it.) A random selection of papers from PhD’s and candidates from any number of fields from any university’s library will contain amateurish exaggerated conclusions from insufficient data, and erroneous interpretation. (Reasons? First, because graduate ‘training’ work is publicized, and second, because the short form peer reviewed process for scientific achievement appears to be far less valuable than the long form book process for scientific achievement.) 3) Nearly all research work that reaches the public contains overreaching editorial content that invalidates the research. This is a combination of the desire for attention by researchers and editorial license that seeks attention on the part of publishers. 4) Good science is meticulous. Bad science is not. (I lost a quarter of a million dollars of my own money backing climate science, and the November 09 scandal was the reason for it. The field must take responsibility for the shoddy science.) 5) It certainly seems that economics as a profession is more skeptical of it’s calculations than are the physical sciences, partly because economic variables are so complex that we are afraid to make pronouncements. We realize we can be descriptive of the past but we cannot be PREDICTIVE of the future in economics. The same applies for highly complex systems of all kinds, even the environment – the heuristics of which is not terribly different in intertemporal terms than are social constructs. And, as an economist I can observe that the physical sciences are reversing the accumulated prestige of the field for a single reason: the perverse incentives of the graduate training process in research universities. 6) Movements need to be skeptical of their acolytes. For example, certain musicians who employ the compositional structure of hymns to rock music, must sometimes specifically eschew association with Christian groups because they know it will impact their credibility with the broader audience. The fact that the international communist movement has effectively co-opted the green movement means that the entire research program is now effectively discounted as a political movement. The global warming movement must associate itself with commerce if it is to succeed. And it is not impossible to do so. Moral arguments are UNIVERSALLY masks for wealth transfers. Without exception. Scientists are notoriously ignorant of economics and politics. Where science succeeds, is where it unifies with the pragmatism of commerce. Not where it aligns with religion and politics. In economic terms, science as a profession is discounted in the marketplace because of a record of exaggerated claims and faulty advertising. It isn’t that scientists need to tell better stories. It’s that science needs to produce better work, and be extremely cautious with public pronouncements. Scientism is a religion if it believes it has a lock on forecasting the future, even of simple physical events. So, it’s about credibility. The degree to which the academic scientific community in the west, since the 1970’s has undermined scientific credibility is not understood in the incestuous circle of academia. To counter this effect: Write books that fully articulate an idea, not micro-papers. Falsify your own work. Seek to justify opposing views. Ruthlessly attack others who undermine scientific credibility in the public debate. Reduce the number of graduate students and hide their work unless it is extremely well argued. (this is a contrary incentive) It’s not about achievements. Because the achievements are currently dwarfed by a ocean of contrary-indicators. In fact, if we look at the data, it is not in academia that the great inventions are coming from. In fact, it’s not from the large commercial capital bureaucracies either – they only refine discoveries. Innovation appears to be coming almost entirely from the efforts of individuals. It’s not about storytelling. It’s about doing good science. And right now, climate science is insufficiently articulated for human beings to justify paying the huge cost associated with the apocalyptic visions. Human beings are rational. They just need a rational argument and to understand the costs and benefits in relation to ALL THEIR OTHER COSTS AND BENEFITS. Why do I know that what I say here will not make a difference? Because researchers in the physical sciences have pervers incentives due to the economic structure of labor in academic research, and the failure to separate research from teaching lines of business and faculty in large universities. Therefore, scientists will not change their behavior because it would cause them to pay the cost of that change, and that cost is too high in relation to ALL THEIR OTHER COSTS AND BENEFITS FOR THEM. In other words: People in glass houses shouldn’t throw stones.