Sunday, June 15, 2008

Defending Rachel Carson: the last word

Defending Rachel Carson: the last word

John Quiggin points out the extreme gullibility of the right wing and libertarian blogosphere for public relations ploys initiated by tobacco companies. The PR firms exploit the obvious confirmation biases of these ideologues. Their goal is to discredit opponents of tobacco such as the World Health Organization by falsely accusing them of responsibility for malaria deaths.

Libertarians and global warming

Libertarians and global warming

John Quiggan analyzes the bizarre libertarian reactions to global warming.

Thursday, April 10, 2008

The Rise of the Conservative Legal Movement

Thoughts On Steven M. Teles, "The Rise of the Conservative Legal Movement"

Orin Kerr, over at the Volokh Conspiracy, reviews the new book, and highlights the origins of the libertarian George Mason University Law School.

The book has been added to my bibliography and the index for George Mason University.

Friday, April 04, 2008

Ron Paul Is Crazy

Ron Paul Is Crazy
A YouTube video from WebPundit points out why Ron Paul is an unrealistic candidate: because he offends almost everybody in one way or another.

In the Topical Issues category of the main page.

As Ron Paul resumes his lowly status as false-flag Republican congressman and thus falls off the election radar, I'll move the links about him to a separate index and off the main page.

Information and Economics: A Critique of Hayek

Information and Economics: A Critique of Hayek
Outlines Hayek's false assumptions, and points out problems of market capitalist economic miscalculation.

Libertarians frequently resort to the "socialist calculation problem" as a blanket denial that socialism could work well. Yet we are surrounded with counterexamples, such as the decentralized socialist public school system, or highly centralized capitalist enterprises such as WalMart. This critique helps us understand why Hayek's arguments should be considered little better than propaganda now.

Placed in the Austrian Economics index.

Saturday, March 22, 2008

Trade and inequality: The role of economists

Trade and inequality: The role of economists

Dean Baker faults economists for exaggerating benefits of trade, and dishonestly ignoring or downplaying the distributional consequences: who wins and who loses. At the post-autistic economics network.

Placed in the Criticisms of Neoliberalism, Capitalism, and Free Markets index.

Sunday, March 09, 2008

Nozick's Wilt Chamberlain example

Tyler Cowen has written about Nozick's Wilt Chamberlain example over at Marginal Revolution. It's interesting that in 100+ replies, nobody seems to realize the fallacious assumption Nozick makes.

Nozick assumes that claims on Chamberlain's income come from "a third party who had no claim of justice on any holding of the others before the transfer". (ASU p.162) But in the real world, third parties DO have just claims before transfers: they are very common. For example, if Chamberlain had been paying alimony to a wife (he never married), or had faced civil judgements for child support. If the owners of the basketball court or the other players insisted that Wilt be a paid member of the player's union if he wants to perform on that court or with those players. Wilt will not get rich by himself: he needs the cooperation of other people and they will require something for that cooperation.

A social contract such as citizenship is just such a pre-existing claim of justice: Chamberlain was a citizen obligated to obey laws, including laws on taxation. Libertarians frequently whine that citizenship is not voluntary, but that's not true: you can renounce citizenship and/or assume citizenship in other nations. Most US citizens have ancestors who did just that.

All of Nozick's major arguments rely on fallacious assumptions or illusions of logic. For example, the idea that liberty upsets patterns EXCEPT NOZICK'S IDEA OF HISTORICAL JUSTICE. Nozick simply distracts from the fact that property restricts the liberty of others, and that it is only by continuous interference with liberty by very strong coercion that the pattern of property is maintained. Without that continuous coercion, people would assert their liberty to use whatever they wanted.

Nozick's "Whatever arises from a just situation by just steps is in itself just" can fail because of many implied requirements. Perfection of the original situation and the steps is required. Just initial situations are required (an impracticality.) And a demonstration of perfect justice-maintainance of the steps is required: a step may be just without maintaining justice. (This is a big problem: he's making an argument that only looks like mathematical induction without showing the critical step.) For example, if it is just to take a seat on a bus when there is no elderly person present, and it is just for an elderly person to enter the bus after that, but it is not just to remain in the seat after the elderly person has entered. But worse, in real life we can't ever have perfect justice of steps or starting situations. So the question is whether the steps move us closer or further from justice, and where an equilibrium will be reached (if one exists.) The Nozick statement has an implied binary logic model which real life doesn't match. Nozick doesn't begin to address a quantitative model of justice whereby we can state that any one situation is more just than another. Instead, he relies on the kind of "gut feelings" Steven Colbert ridicules so well with his persona.

The rest of Tyler's post is silly: he makes assumptions such as "no one should be forced to part with more than a certain percentage of his or her income". What next, Tyler, going to set the price of gold? Just as Tyler would think the price of gold should be set by a public, social decision-making process (a market), so the taxation rate should be set by another public, social decision-making process (a government.)

But I suspect the silliness is purposeful: to focus attention to the question of what rate is just, and thus slide in the propagandistic framing and assumptions without real discussion. Propaganda works by repetition, and Tyler is making his contribution to the right wing echo chamber. That, and entertaining his claque.

Sunday, March 02, 2008

Shermer's The Mind of The Market

Shermer's The Mind of The Market

Libertarian Tim Sandefur finds both Shermer's libertarianism and skepticism disappointing and unconvincing.

Added to the Reviews Of Books Related To Libertarianism index.

Tuesday, February 26, 2008

What Makes a Miracle: Some myths about the rise of China and India

What Makes a Miracle: Some myths about the rise of China and India

Pranab Bardhan's Boston Review article debunks claims that China and India's economic development is solely due to capitalism: communism, democracy and socialism have also played major parts.

Added to the Government And Economics index.

Shleifer the (Counter-)Revolutionary

Shleifer the (Counter-)Revolutionary

Dani Rodrik ridicules Andrei Shleifer's "Age of Milton Friedman" triumphalism, pointing out how the evidence is misused.

Added to the Milton Friedman index.

Some Capital-Theoretic Fallacies of Austrian Economics

Some Capital-Theoretic Fallacies of Austrian Economics

Robert Vienneau attacks assumptions of Austrian Business Cycle Theory. Highly technical.

Added to the Austrian Economics index.

CFP's Laffer Curve Video

CFP's Laffer Curve Video

Law Professor Linda Beale debunks the latest Laffer Curve propaganda video from the "Center for Freedom and Prosperity" and CATO's Dan Mitchell.

Added to the CATO and Taxation indexes.