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Briefly Noted for 2021-02-17

Summary:
First: Mike Konczal’s Freedom from the Market is a book you should get and read right now: Henry Farrell: Freedom from the Market: ‘Mike Konczal has a new book, Freedom from the Market … Polanyian—the stresses of the market lead to social rupture, which may in turn create the conditions for political mobilization. But Konczal doesn’t depict this as necessary or inevitable—people’s choices have consequences. He is also more precise than Polanyi in his understanding of how change happens—through social movements and the state…. Konczal not only employs Polanyi’s ideas, but the ideas of Polanyi’s friendly critics like Quinn Slobodian, to describe how modern Hayekians have sought to “encase” the market order in institutions and practices that are hard to overturn. Property rights aren’t

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First:

Mike Konczal’s Freedom from the Market<https://books.google.com/books?id=0aDLDwAAQBAJ> is a book you should get and read right now:

Henry FarrellFreedom from the Market: ‘Mike Konczal has a new book, Freedom from the Market <https://books.google.com/books?id=0aDLDwAAQBAJ>… Polanyian—the stresses of the market lead to social rupture, which may in turn create the conditions for political mobilization. But Konczal doesn’t depict this as necessary or inevitable—people’s choices have consequences. He is also more precise than Polanyi in his understanding of how change happens—through social movements and the state…. Konczal not only employs Polanyi’s ideas, but the ideas of Polanyi’s friendly critics like Quinn Slobodian, to describe how modern Hayekians have sought to “encase” the market order in institutions and practices that are hard to overturn.

Property rights aren’t the foundation of liberty, as both nineteenth century jurists and twentieth century economists would have it. They are a product of the choices of the state, and as such intensely political. This allows Konczal to turn pragmatism against the Hayekians. Hayek’s notion of spontaneous order is supposed to be evolutionary, to provide a more supple response to what people (thought of as individuals want). But if there is a need to provide collective goods for people that cannot be fulfilled through voluntarism, the Hayekian logic becomes a brutal constraint on adaptation.…

Konczal presses for… a very different notion of freedom…. In Konczal’s words, “markets are great at distributing things based on people’s willingness to pay. But there are some goods that should be distributed by need.”… Furthermore, people’s needs change over time, as societies and markets change. Konczal’s framework suggests the need for collective choice to figure out the best responses to these changes, and a vibrant democratic politics… as the best way to carry out these choices…. I want you to read the book itself, if you really to get the good stuff—the stories, the examples, and the overall narrative that Konczal weaves together…

LINK: <https://crookedtimber.org/2021/01/26/freedom-from-the-market/>

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Very Briefly Noted:

  • Eric Kleefeld’Wall Street Journal news section: Texas is in a catastrophe because gas power plants went offline from the storm, while they’re trying to get wind power back up to cover it. WSJ Editorial Board: Texas is suffering because wind power has failed, while gas “ramped up” to cover it… LINK: <https://twitter.com/i/timeline>

  • Eric Topol: ’Update of anaphylaxis from mRNA vaccines: 66 cases out of ~18 million vaccinations (=0.0003%). All but 1 within 11 minutes. No deaths <https://jamanetwork.com/journals/jama/fullarticle/2776557?guestAccessKey=b2690d5a-5e0b-4d0b-8bcb-e4ba5bc96218>. That almost all occur in women needs to be understood… LINK: <https://twitter.com/EricTopol/status/1360308061219430401>

  • Ryan Lizza’"NEW: 2024 primary poll shows Trump dominating: Donald Trump 53% Mike Pence 12% Donald Trump Jr. 6% Nikki Haley 6% Mitt Romney 4% Ted Cruz 4% Marco Rubio 2% Mike Pompeo 2% Josh Hawley 1% Tom Cotton 1% Tim Scott 1% Kristi Noem 1% Larry Hogan 1% Rick Scott 0%… LINK: <https://twitter.com/RyanLizza/status/1361677723576500233>

  • Joe StudwellHow Asia Works: Success & Failure In the World’s Most Dynamic Region LINK: <https://books.google.com/books?id=dNs33Q1cAX0C>

  • WikipediaIbn Battuta LINK: <https://en.wikipedia.org/wiki/Ibn_Battuta#Spain_and_North_Africa>

  • Chalmers JohnsonMITI & the Japanese Miracle: The Growth of Industrial Policy, 1925–1975 LINK: <https://books.google.com/books?id=bbGlwsjW-ekC>

  • Michael Porter, Mick Takeuchi, Mariko SakakibaraCan Japan Compete? LINK: <https://books.google.com/books?id=QYSwwQEACAAJ>

  • Henry FarrellIn Praise of Negativity: ‘We need negative criticisms from others, since they lead us to understand weaknesses in our arguments that we are incapable of coming at ourselves… LINK: <https://crookedtimber.org/2020/07/24/in-praise-of-negativity/>

  • Josh GansA Culture in Despair: ‘In the immediate aftermath of Zola’s “J’Accuse” in 1898, mobs took to the street throughout France. The cries of “Long Live the Army” and “Death to the Jews” intermingled…. But it was in France’s colonial possessions, specifically in Algeria, that “a veritable crisis of anti-Jewish hysteria occurred”…. The riots across of France… were the product of concerted organization and agitation. Antisemitic posters… antisemitic conferences… antisemitic press. The Catholic press, not to be outdone, was increasingly packed anti-Jewish articles… LINK: <https://johnganz.substack.com/p/a-culture-in-despair>

  • Noah SmithDon’t Give Up on Bringing Manufacturing Back to the U.S.: ‘By offering Americans a concrete… instead of leaving it up to the… market, the… Reshoring Initiative may be able to gather broad support for a cohesive growth strategy, even if it isn’t a perfect one…. Leaving industrial policy to the whims of the market has hit the point of severely diminishing returns, so it’s time to brainstorm new approaches.…LINK: <https://www.bloomberg.com/opinion/articles/2020-06-12/don-t-give-up-on-bringing-manufacturing-back-to-the-u-s?sref=R8NfLgwS>

  • WikipediaTrimalchio: ‘Trimalchio is a character in the 1st century AD Roman work of fiction Satyricon by Petronius. He plays a part only in the section titled “Cēna Trīmalchiōnis”…. Trimalchio is an arrogant former slave who has become quite wealthy by tactics that most would find distasteful. The name “Trimalchio” is formed from the Greek prefix τρις and the Semitic מלך (melech) in its occidental form… “Thrice King” or “greatest King”…. His full name is “Gaius Pompeius Trimalchio Maecenatianus”; the references to Pompey and Maecenas in his name serve to enhance his ostentatious character. His wife’s name is Fortunata, a former slave and chorus girl… LINK: <https://en.wikipedia.org/wiki/Trimalchio>

  • Equitable GrowthBoosting Wages for U.S. Workers in the New Economy: ‘The U.S. labor market is shackled by decades of wage stagnation… persistent wage disparities… sluggish economic growth…many families ill-prepared for the “stress test” of the coronavirus recession…. Boosting Wages for U.S. Workers in the New Economy, a joint effort of Equitable Growth and the Institute for Research on Labor and Employment at the University of California, Berkeley… LINK: <https://equitablegrowth.org/boosting-wages-for-u-s-workers-in-the-new-economy-book>

Next: A Video Well Worth Your Watching:

Ta-Nehisi Coates: When Every Word Does Not Belong to Everyone:

Share Grasping Reality Newsletter, by Brad DeLong

Six Paragraphs-Plus:

This I enthusiastically endorse: Figuring out that on Twitter you have a right—nay, stronger than a right: you have a duty—to not mute but block people even if all they do is just waste your time is essential to having a good life.

Either that, or drop Twitter entirely.

In an attention economy, grabbing your attention uselessly is a cognitive attack on your mind. Such cognitive attacks need to be stopped:

Zeynep Tufekci’I try not to block actual criticism but things I’ve started pretty much automatically blocking to make Twitter usable: Snitch-tagging; “Oh you’re surprised?” reply guys; People who respond to an article I wrote with a point made in the article as if I could have no idea. People who respond to an article I wrote with a point made in the article as if I could have no idea. I started blocking them! There are people who sit on their keyboards all day telling others—who never asked them—that what they just said is obvious. And then others reply to them. And then my mentions are unusable. I’ve never had a useful interaction with any of the above categories, and they are just cluttering up my mentions especially since others then respond to them, and it’s an endless, pointless series of pings that hide any signal that may hide in my mentions.

I didn’t tag someone already on Twitter myself? Yeah, I’m not an idiot, thank you. Immediate block if you tag them in my mentions. Go talk to them separately if you want. People wanting to start fights are not doing something healthy and life’s too short. You think my points are obvious? Happy to relieve you of them! Especially since “oh, you’re surprised” adds nothing whatsoever. Point out something obvious I missed? I’m grateful. Object to it substantively? Grateful. Just uselessly smug? On your own time and dime. Finally, I write a lengthy, detailed article about something. Someone comes with a “have you tried rebooting it” type comment as if I’m a novice, and an idiot, and clueless? I used to tolerate and then realized nothing good ever comes out of that because of the clutter they add…. These categories have a lot of repeat offenders so blocking just a few useless repeat offenders really improved my mentions.

Why not mute? I tried. Because people reply to them (which I see) and others see them and affects the quality of the discussion I do want to have, and also because snitch-taggers can work even when muted. I mute some non malicious people who just say the same thing a lot….

This is an attempt to be able to hear real criticism and feedback in my mentions. If I don’t do this, the roar of the people who make the most obvious points back to me or are just uselessly smug will drown others out. The smug and stupid minority are very repetitive…

LINK: <https://twitter.com/zeynep/status/1361680717416177664>

Most of you, gentle readers, do not realize what the right-wing fever swamp created by Rush Limbaugh and company is really like. Here is a sample. This is what they are hearing. But do note that even Frank Salvato is not with the program. He is supposed to say that there were more Trump voters than Biden voters—80 million plus. That he forgets this and says “75 million” is a tell of how little he himself believes what he writes, and how much it is a conscious grift:

Frank SalvatoIt’s Time for Mitch McConnell to Go: ‘I am taking square aim at one of our own, not to remove him from office—no I will not acquiesce to the “cancel culture” lunacy, but to demote him from leadership…. The words of the highest-ranking Republican in Washington, DC, currently, Sen. Mitch McConnell (R-KY). And more inaccurate and unproductive they could not be. First and foremost, I reject that there was no chicanery in the 2020 General Election. We had a cowardly US Supreme Court that refused to hear a seminal case in whether states whose executive branches formulated election law in fact violated the US Constitution, as the Constitution vests that power solely with the state legislatures. We had routine violations of election law in several key states—and within those states critical urban areas—that saw poll watchers and credentialed Republican election officials tantamount to being forcefully excluded from the ballot counting process….

McConnell should have been screaming about [these] in real time…. The man who should have been leading the charge for the Republican rank-and-file was sitting on his hands, too concerned with retaining his own seat and, in fact, riding on President Trump’s accomplishment coattails to do so…. McConnell single-handedly lost the two run-off races in Georgia with his blunder about not wanting to pass a $2,000 COVID relief package…. And how do Republicans in Washington, DC, punish McConnell for his failures, for his disloyalty, for his selfish exploitation of his elected position? They re-elect him to leadership, this time as Senate Minority Leader. How stupid are the Senate Republicans to do this? I have to say abundantly so.

McConnell wasn’t done with his caustic, unproductive screed—a screed that, mind you, offended 75 million voters (how stupid is McConnell?): “President Trump is still liable for everything he did while he’s in office…He didn’t get away with anything yet.”… A person who holds these positions and who has presided over the litany of failures, such as McConnell has, who has effectively forced the Republican Party to be subservient to a group of people who actually hate the United States, well, that person—Mitch McConnell—should not be in a position of leadership, and most definitely not the Senate Minority Leader…

LINK: <https://www.gopusa.com/?p=106550?omhide=tru>

A right wing made of of grifters and grifters has been a feature of American political life for a long long time now:

Steve PerlsteinThe Long Con: ‘Mitt Romney is a liar. Of course, in some sense, all politicians, even all human beings, are liars. Romney’s lying went so over-the-top extravagant by this summer, though, that the New York Times editorial board did something probably unprecedented in their polite gray precincts: they used the L-word….

There are lies, damned lies, statistics—like his assertion that his tax cut proposal won’t have any effect on the federal budget, which the Tax Policy Center called “not mathematically possible.” That frank dismissal vaulted the candidate into another category of lie, an attempt to bend time itself: Romney responded by calling that group “biased”; last year, he called them “objective.”… Ann Romney told the right-wing site Newsmax.com that her husband had “always personally been prolife,” though Mitt had said in his 1994 Senate race, “I believe that abortion should be safe and legal in this country.” And then Ann admitted a few sentence later, “They say he flip-flopped on abortion. Well, you know what? He did change his mind.”…

In 2007… I mainlined a right-wing id that was invisible to readers who encounter conservative opinion at face value…. Back in our great-grandparents’ day, the peddlers of such miracle cures and get-rich-quick schemes were known as snake-oil salesmen. You don’t see stuff like this much in mainstream culture any more; it hardly seems possible such déclassé effronteries could get anywhere in a society with a high school completion rate of 90 percent. But tenders of a 23-Cent Heart Miracle seem to work just fine on the readers of the magazine where Ann Coulter began her journalistic ascent in the late nineties by pimping the notion that liberals are all gullible rubes….

HumanEvents.com… featured an article headlined “Ideas Will Drive Conservatives’ Revival.” Two inches beneath that bold pronouncement, a box headed “Health News” included the headlines “Reverse Crippling Arthritis in 2 Days,” “Clear Clogged Arteries Safely & Easily—without drugs, without surgery, and without a radical diet,” and “High Blood Pressure Cured in 3 Minutes… Drop Measurement 60 Points.”…

The history of that movement echoes with the sonorous names of long-dead Austrian economists, of indefatigable door-knocking cadres, of soaring perorations on a nation finally poised to realize its rendezvous with destiny… [not] the massive intersection between the culture of “network” or “multilevel” marketing—where ordinary folks try to get rich via pyramid schemes that leave their neighbors holding the bag….

And yet this stuff is as important to understanding the conservative ascendancy as are the internecine organizational and ideological struggles that make up its official history—if not, indeed, more so. The strategic alliance of snake-oil vendors and conservative true believers points up evidence of another successful long march, of tactics designed to corral fleeceable multitudes all in one place—and the formation of a cast of mind that makes it hard for either them or us to discern where the ideological con ended and the money con began…

LINK: <https://thebaffler.com/salvos/the-long-con>

Clubhouse as Tik-Tok for podcasts? Perhaps?

Ben ThompsonClubhouse’s Inevitability: ‘The fact that audio can be consumed while you are doing something else allows the immediacy and vibrancy of live conversation to shine…. Make no mistake, most of these conversations will be terrible. That, though, is the case for all user-generated content. The key for Clubhouse will be in honing its algorithms so that every time a listener opens the app they are presented with a conversation that is interesting to them. This is the other area where podcasts miss the mark…. Sometimes—a lot of times!—users just want to scroll their Twitter feed instead of reading a long blog post, or click through Stories or swipe TikToks, and Clubhouse is poised to provide the same mindless escapism for background audio….

Why now?… Hardware… how easy AirPods make it to drop into and out of audio-listening mode…. COVID… last April… despite its very rough state it provided a place for people to socialize when there were few other options…. Any suggestion that Clubhouse is limited to Silicon Valley is very much off the mark…

LINK: <https://stratechery.com/2021/clubhouses-inevitability/>

Telling the truth and being fair appears way way down on the priorities of many—most?—NYT reporters these days. Scott Alexander Simkins has a receipt":

Scott Alexander Simkins: Response to NYT Article: “This is undoubtedly the version [Cade Metz] read, and he still chose to make this attack. I have 1,557 other posts worth of material he could have used, and the sentence he chose to go with was the one that was crossed out and included a plea for people to stop taking it out of context…

LINK: <https://astralcodexten.substack.com/p/statement-on-new-york-times-article>

More generally, in the case of Scott Alexander Simkins vs. Cade Metz before the bar of public opinion, I don’t think New York Times reporter Cade Mertz has it right, or did an honest or an honorable competent job here. If the New York Times had an ombudsman, it could defend him and try to change my mind. But it doesn’t. So I can. And I go with Noah Smith’s judgment here. Not as unprofessional as the semi-daily “Ivanka and Jared are working hard to save us all” that the New York Times printed over 2015–2019. But pretty unprofessional all the samel:

Noah SmithSilicon Valley Isn’t Full of Fascists: ‘Eight months later, that article is finally out, and it’s every bit as negative as [Scott Alexander Siskind] feared… draws conclusions… I don’t think are warranted… both draws on and feeds into the mistaken stereotype that Silicon Valley is full of right-wingers…. I don’t think sustaining this misconception is good for America…. Cade Metz… “[Slate Star Codex was] the epicenter of… the Rationalists… [which] included white supremacists and neo-fascists… a window into the Silicon Valley psyche…. The allure of the ideas within Silicon Valley is what made Mr. Alexander, who had also written under his given name, Scott Siskind, and his blog essential reading…”

I always get annoyed at the narrative that Silicon Valley is rife with fascists—a narrative that I feel that Metz’ Times story unfortunately furthers. In reality, the tech industry is almost entirely a bunch of liberals…. In 2020… the internet industry gave 92% of its donations to Democrats!…. “Online computer services”… was the third most liberal industry… more liberal than newspapers and print media!…. A safe space for fascists, this is not. Metz, being a technology correspondent, must know all this….

The narrative of a pipeline of fascist ideas from Rationalist blogs to the minds of the powerful people building the future is certainly a juicy one, but it just doesn’t have much evidence to back it up. Silicon Valley is a bastion of liberalism, tech founders are standard liberal nerds, and Rationalism is a niche subculture primarily concerned with navel-gazing about Bayes’ Rule, utilitarianism, and robots…

LINK: <https://noahpinion.substack.com/p/silicon-valley-isnt-full-of-fascists>

Hoisted from the Archives

Reasoning and Cogitation—by Individuals, by Social Groups, & by Societies: I am all but certain to never teach a course on: Reasoning—Indivdual, Social, and Societal. But if I were to teach such a course, would this be the best reading list? And if not these readings, what would be better replacements: William PoundstoneLabyrinths of Reason… Hugo Mercier and Dan SperberThe Enigma of Reason… Daniel KahnemanThinking, Fast and Slow… T. M. ScanlonBeing Realistic about Reasons… Joshua D. Angrist and Jörn-Steffen PischkeMostly Harmless Econometrics… Judea Pearl & Dana Mackenzie): The Book of Why… William FleschComeuppance… Josiah OberDemocracy & Knowledge… Henry Farrell & Cosma Shalizi: "Cognitive Democracy"… Cosma Shalizi: "In Soviet Union, Optimization Problem Solves You"… Herbert SimonThe Sciences of the Artificial… Partha DasguptaEconomics: A Very Short Introduction… Milton Friedman & Rose Director Friedman: Free to Choose… Tom SleeNo One Makes You Shop At Walmart… Paul SeabrightThe Company of Strangers… Richard Thaler (2015): Misbehaving…

LINK: <https://www.bradford-delong.com/2018/12/reasoningindividual-social-and-societal.html>

Bradford DeLong
J. Bradford DeLong is Professor of Economics at the University of California at Berkeley and a research associate at the National Bureau of Economic Research. He was Deputy Assistant US Treasury Secretary during the Clinton Administration, where he was heavily involved in budget and trade negotiations. His role in designing the bailout of Mexico during the 1994 peso crisis placed him at the forefront of Latin America’s transformation into a region of open economies, and cemented his stature as a leading voice in economic-policy debates.

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