Category Archives: Public Policy

The uselessness of “bubble” talk

This is based on a comment I made here. If turning points in asset prices could be reliably predicted, they wouldn’t happen (since no none would buy at the “about to be seriously undercut” price). The “bubble” folk don’t seem to understand that calling it a “bubble”: (1) entails not knowing when the turning point will […]

The “race” delusion in American politics and society.

Ron Unz has produced two pieces of statistical analysis on ethnicity and crime in the US providing evidence that there is no distinctive tendency among Hispanics to have a higher crime rate, once other factors are controlled for, while there is clearly a much higher crime rate among African-Americans. This being an American piece, anything to do with […]

No, Ibn Khaldun is not the father of economics

I am a great admirer of work of the C14th Muslim intellectual Abū Zayd ‘Abd ar-Raḥmān ibn Muḥammad ibn Khaldūn al-Ḥaḍramī (1332-1406), known as Ibn Khaldun. I gave a paper on his thought to the University of Melbourne Medieval Roundtable in April 2016, I will be giving another examining the course of the Ottoman Empire in the light of […]

Don’t trust anyone over 47

Theresa May, according to disgruntled former Chancellor and now editor of the Evening Standard George Osborne – is a ‘dead woman walking’. It is possible, by the time you read these words, she will have been deposed and Boris Johnson or Sajid Javid installed in her place. On June 8, she lead the Conservative Party into the […]

The depths of Palestinian dysfunction

We are about three years away from the centenary of the (third) Palestine Arab Conference in December 1920 which demanded an end to Jewish migration into Palestine and just under three years from the centenary of the April 1920 Nebi Musa riots, the first fatal clash between Jews and Arabs in Palestine on the matter […]

Why there is so much nonsense spouted about fascism

If you are going to invoke the interwar period, particularly the 1930s, please do so intelligently. By which I mean, non-propagandistically. And by interwar period I mean the phenomenon of fascism and neo-fascism. Despite self-serving (look at me, I am opposing fascism!) shrieking, there is not a lot of fascism or neo-fascism in contemporary Western politics. […]

How the rhetoric of denunciation distorts public affairs

During a post on how the US Democrats need to get their act together for the good of the United States, IT guru and long-time blogger Eric. S. Raymond makes the following observation about constant harping on about racism: It is irrelevant whether an actual plurality of American voters actually are as racist and sexist as you […]

Stop with the projecting

If you assume some factor is behind everything, it is very easy to find it everywhere you look–you just project it onto phenomena. Marxists assumed everything was driven by class dynamics and–surprise, surprise—they found it everywhere they looked. As a friend of mine said to me years ago; Marxist academics didn’t look for evidence, they […]

Globalisation, internationalisation and globalism

It has become something of an analytical commonplace to see the rise of populist nationalism (or national populism)–the development of nationalist parties in Europe, the Brexit vote in the UK and The Donald winning the Electoral College (and thus the US Presidency) in the US–as signifying “a revolt against globalisation”. That is not a useful way […]

Multiculturalism is an experiment that might fail

Multiculturalism has become a sacred marker of progressivism: one absolutely has to be in favour of multiculturalism, or one is not a good person. A person seriously critical of (let alone hostile to) multiculturalism is, in fact, outside the moral pale. There are deep problems with this. First is defining what one means by multiculturalism–there are quite a […]