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Category Archives: Economics

Ebola, Ferguson and political narratives

The Ebola virus reaching the US and the ongoing troubles and controversy over a police shooting in Ferguson, Missouri display the power and the dangers of political narratives from all sides, both of US politics and more broadly. Thus, one of the more tired and embarrassing responses to Ebola mis-steps in the US has to […]

Quantity, physicality, source — the origins of currency names

The terms we use for units of currency–when they are not named after historical figures, terms for money or items once used as money–often come from one of three origins: quantity (number or, more commonly, weight); physicality (shape or content); or source. That pound (as in pound sterling, the oldest currency still in use) is originally a weight term is obvious–as it still is a weight […]

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 […]

What a difference framing makes

The current turmoil in the Middle East is, amongst other things, one long vindication of Zionism. Given that, to many folk, Zionism has no meaning other than “Israelis being nasty to Palestinians”, some explanation is in order. European Zionism Zionism was founded by Viennese journalist Theodore Herzl (1860-1904). Observing the trial of French officer Alfred Dreyfus and the rampant Jew-hatred in […]

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 […]

That measure, it does not mean what you think it means

This is based on a comment I made here.  When trying to tease out what sorts of policies work and what do not, people often make cross-country comparisons of, for example, expenditure on education (such as, as a % of GDP). Trouble is, expenditure on education is a remarkably useless measure. An obvious indicator of that […]

Unhelpful dichotomies

I recently finished The Creation of Inequality: How Our Prehistoric Ancestors Set the Stage for Monarchy, Slavery, and Empire by Kent Flannery & Joyce Marcus, a very accessible rendering for the lay audience of a huge amount of anthropological and archaeological data about the development of state societies. At the end of Chapter Twenty-Two (“Graft and Imperialism”), there is […]

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, […]

Short observations 2

Smartphones slow down the restaurant experience (via). Time constraint means scarcity will always be with us. (That is scarcity in the trade-offs-have-to-be-made sense. Hunger and famine need not always be with us.) *** I find the notion that people without a state cannot have money risible. They may not have their own coins, but coins are merely branded […]

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 […]