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Author Archives: Lorenzo

Have worked in the public sector, the non-government sector and now the small business sector.

Decency, righteousness and the add-more-morality error

Having what we might call a moral sense, but which is better called a normative sense, has been basic to the evolutionary success of homo sapiens. The ability to accept, and internalise, constraints on behaviour hugely expands the range of practicable social interactions. Particularly important over the longer run in “scaling up” human social interaction has been the […]

Against Austrian business cycle theory

Former Austrian school economist Bryan Caplan recently won a bet against Austrian school economist Bob Murphy on the path of US inflation. Caplan won by betting with the key market indicator (TIPS), Murphy lost by betting against it. At first glance, that the ex-Austrian won by following the market while the Austrian lost by not doing so might seem strange, but it […]

Most Muslims are non-violent

It is true: most Muslims are non-violent (in the straightforward sense that, outside defence of themselves and their immediate family, they do not engage in violence). In fact, as far as I am aware, that has true across the history of Islam, especially as Muslims includes women and children. But even if we just consider men, most […]

Moral sensibility and modernity

Religions have rituals and doctrines: mechanisms of participation and belief. They also engender moral sensibilities that provide ways of normatively framing the world regarding people, places, social arrangements. Most Swedes, for example, are not believing or actively participating Lutherans, yet centuries of Lutheranism being the overwhelmingly dominant flavour of religion has deeply influenced Swedish moral sensibility. When folk try […]

So, you want to reduce inequality … (some modest, and some practical, proposals)

Concern over rising inequality has certainly been a significant feature of recent intellectual and political discourse, particularly in the US (for example here). Let us suppose we were serious about reducing inequality, what would we do? One thing you would not do is significantly raise top income tax rates, that would not have much effect at all. Besides, at […]

Why gold/currency ratios mattered in the interwar period

This is based on a comment I made here. I have been enjoying Scott Sumner‘s history of the Great Depression, The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression. Sumner provides a key ideas summary for the book here. The book is an examination of dramatic macroeconomic instability under a gold standard. In The Midas Paradox, Sumner gives the […]

Black boxes, the rectification of names and the revival of slavery

The Chinese sage Kong Qiu (551-479 BC) (Kongzi ”Master Kong”), known to the West as Confucius–which is derived from Kong Fuzi ”Grand Master Kong”–had a doctrine Zhèngmíng, normally translated as “rectification of names“. There is a straightforward statement of the doctrine in the Analects: A superior man, in regard to what he does not know, shows a cautious reserve. If names […]

Bloody Scandinavian model yet again

This is based on a comment I made here.   There is a continuing line of commentary among social democrats, democratic socialists and progressivists generally to laud the Scandinavian model (aka Nordic model) as something for the US or Australia to follow. Matt Yglesias, following up from comments in the recent US Democratic Presidential candidate debate, continues this […]

Nowadays, the presence of white Americans is generally good for African-Americans

If the key problem for African Americans was white racism, then they should do better the less contact they have with whites. But the reverse is true — African-Americans tend to do better the more they have contact with whites. They do better in education — lots of research indicates that minority students do better in integrated schools. […]

Immigration and social order

The entire debate over immigration, particularly illegal immigration, turns on the issue of social order — specifically, its value and cohesiveness. Those who think there is simply no issue — that no people who make the effort to go to another country to live can be a threat to the social order they are entering, […]