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Category Archives: Blogging

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 […]

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 […]

The nonsense debate over whether the Islamic State is Islamic

Despite claims that political correctness is merely about politeness and not offending folk, the Virtue-signalling that underlies political correctness corrupts public debate in various ways–it puts a criteria (status-as-Virtuous) above facts, it elevates intent over consequences and it sets up various taboos and ludicrous moral distinctions. Such as, for example, the claim that there is some great moral difference between “coloured […]

“Punching down” and other moral inanities

In the ever-widening world of PC word taboos, there is “punching down“, as in one should not “punch down” (i.e. verbally attack or make fun of folk who are less privileged or empowered than oneself). It sees to have originally started in the field of comedy, so the origins of the term probably has some connection […]

The eternal now of conservatism (1)

In a paper on how to reliably measure political (i.e. economic and social) conservatism, psychologist Jim Everett makes a useful distinction: authoritarianism and conservatism are distinct because authoritarianism focuses on aversion to difference across space (i.e. diversity of people and beliefs at the present time), while conservatism reflects aversion to difference over time (i.e. change). As […]

Ahistorical pomposity and gnostic sneering: why academics write deep crap about “neoliberalism”

Humanities and social science academics write a remarkable amount of nonsense about “neoliberalism”, typically understanding neither the reasons for the general shift in public policy nor the motivations and ideas behind it. A nice example of such nonsense is provided in a post by philosopher Robin James: neoliberals think everything in the universe works like a […]

Equalising consumption => lowering vulnerability

A comment on a previous post expresses a common set of views among conservatives: Darwin has the final word on sillyness. If same sex marriage was a useful thing in society, then the vast range of human societies would show us a successful society with same sex marriage as normal. This confuses natural selection with social selection, […]

Marriage is about …

A common argument against same-sex marriage is that marriage is “about” children. Or that the purpose of marriage is the raising of children. Or some similar claim. Conservative philosopher Keith Burgess-Jackson rebuts a certain class of arguments against the claim that marriage is “about” children here. But the claim he defends–that marriage is about children–strips marriage […]

Short observations

Maverick Philosopher tells us that arguments don’t have testicles.  But they do have perspectives built into them. Including (in some ways especially) legal arguments. We should be wary of dismissing the importance of perspective, especially as a great deal of bigotry rests precisely on denying the legitimacy of particular perspectives. *** Currently reading an excellent popularisation […]

Migration, history and countries as club goods

This is based on comments I made here and here. Thin conceptions There is a line of argument which holds that if free trade in goods and services is good for economies, if free trade in capital is good for economies, then surely free trade in labour would also be good for economies. So, just as one should […]