Kling and Henderson on intervention and blowback

David Henderson, an economist at the Naval Postgraduate School’s GSBPP and also the Hoover Institution, alerted me to a remark made by another economist, Arnold Kling, about libertarian foreign policy. Both posts are worth reading, of course, but in the ‘comments’ thread of Henderson’s post, Dr Kling elicited a terse response from Dr Henderson for arguing the following:

David, the U.S. has intervened in Asia, Europe, Latin America, and the Middle East. We have not experienced terrorism except from the Middle East, and there the role of blowback is not clear–there are plenty of other causes, and Middle Eastern terrorists seem perfectly happy to operate in countries that have not invaded Iraq.

I think you have proved my point. Your preferred policy is non-intervention, and so blowback is your desired cause for terrorism. But you only look for evidence that confirms this. Go through the thought experiment of believing that terrorism is not caused by blowback, and then look for evidence from that perspective. That is what I ask for when someone has a “desired cause.”

You can read Dr Henderson’s response here, but I thought I’d go in a different direction with this. First, though, I’d like to thank Dr Kling for broaching this subject. Few libertarians do so (our own Drs Delacroix and van de Haar being two stubborn exceptions).

What I’d like to do is take Dr Kling’s second paragraph to heart and try to pin down some relevant facts I think are missing from his first paragraph, which I’ll break down, for the sake of dialogue, piece-by-piece.

the U.S. has intervened in Asia, Europe, Latin America, and the Middle East.

Kling left off Africa from his list of places the US government has intervened in. This is a huge omission because there has been plenty of terrorist attacks (successful or otherwise) aimed at US targets on the African continent, from Nigeria in the west to Kenya all the way in the east (a span, via each state’s respective most populous city, of 5,328 km; Los Angeles to New York City is about 4,500 km).

We have not experienced terrorism except from the Middle East, and there the role of blowback is not clear

Again, the US has been the target of terrorism in places other than the Middle East. Aside from Africa (the 1998 embassy bombings being perhaps the prominent examples, though there are more), the US has been the target of terrorism in Asia, Latin America, and Europe. I think much of Dr Kling’s confusion regarding blowback in due to his poor geographic knowledge. The Middle East (or Near East), for example, is also a part of Asia. Pakistan and Afghanistan, where many terrorist attacks against US targets have been undertaken, are not considered to be a part of the Middle East by specialists. Below is a partial list of terrorist attacks against US targets in the past:

  • In 1927, the US embassy (along with other foreign embassies) in Nanking, China came under sustained gunfire from both state and non-state actors, and at least one American died (“the Nanking Incident”);
  • In the 1920s and 1930s, many American institutions – public and private (or ostensibly private) – were bombed by left-anarchists upset over the unjust executions of two prominent Italian anarchists in Boston (“Sacco and Vanzetti”);
  • In 1964 the US embassy in Gabon was bombed twice in the same month;
  • In 1965 a car bomb exploded outside of the US embassy in Saigon, South Vietnam, and Leftist factions claimed responsibility;
  • In 1984 a car bomb exploded outside of the US embassy in Bogota, Colombia, but no faction came forward to claim responsibility (it is largely attributed to one of the drug cartels in operation there);
  • In 1985 a Left-wing terrorist organization attacked the Soviet, Chinese, and American embassies in Peru;
  • In the mid-1980s a Leftist terrorist organization attacked US embassies in Indonesia and Italy.

Again, this is just a partial list. In the spirit of Kling’s argument, what I suggest we do here is divide up terrorist bombings into two segments: 1) the period of 1945-1991 (the Cold War), and 2) everything else. I think this is a fair move because during the Cold War the line between state and non-state actors became especially blurred.

Even if we decide to ignore my suggestion of dividing terrorist attacks into two segments, one picture that becomes much clearer is that all of the attacks are political, and terrorism against US targets does not come solely from the Middle East (or even states with large Muslim populations). I hope these two issues are conclusions that we can all agree upon. If this does not nudge the evidence in favor of the intervention-causes-blowback thesis, I don’t know what does. I think Kling’s next line of reasoning will help us elaborate on this a bit more:

there are plenty of other causes [of terrorism], and Middle Eastern terrorists seem perfectly happy to operate in countries that have not invaded Iraq.

I think this statement actually breaks the back of the hawks’ argument. First, though, when did we move from a discussion about intervention causing terrorism to a discussion about invading and occupying Iraq causing terrorism? Is Kling guilty of the bait-and-switch fallacy here? I am forced to conclude that he is, although in fairness his point was raised in a ‘comments’ thread rather than in a post of its own.

His bait-and-switch aside, Kling’s point about “plenty of other causes” of terrorism is one worth thinking through a bit more. There are four lines of thought that I’d like to explore here: 1) Now would be a good time to draw up a distinction between intervention and occupation. Up until now, we have been discussing foreign policy colloquially and ostensibly in terms of intervention, but the difference between the two concepts I just highlighted is huge and needs a bit of clarification. Some of the fuzziness surrounding the two concepts has to do with Kling’s charge of normative libertarian foreign policy. Dr Henderson, for example, cites the scholarly work of Robert Pape and Ivan Eland (as well as the observations of Paul Wolfowitz) to bolster his claim that intervention leads to blowback, but those guys are referring to the explicit occupation of territory, not intervention. This does not mean Dr Henderson or libertarians more broadly are wrong, of course, but only that dialogue on this topic suffers from a lack of detail. The Cold War-era bombings I listed above can be attributed to intervention. The terrorist attacks pre- and post-Cold War can be attributed to intervention as well, but also to occupation. Does this make sense?

2) While Kling is lazy in his assertion about “Middle Eastern terrorists” being “perfectly happy” with attacking states that did not invade Iraq, he has a really good point, albeit one made unintentionally: terrorism is an international phenomenon, and not something that can be attributed to a specific region (or religion). If we take a step back and look at terrorism more broadly (i.e. not just in a US context, which I think highlights well the consequences of intervention and occupation), what do we see? I don’t know about you, but I see terrorism in Russia, China, India, Pakistan, the US, Europe, all of Africa, Latin America, and, just for good measure, the rest of Asia, too. This leads me to train of thought Number 3: terrorism is political, as even death cults like Aum Shinrikyo in Japan or lone wolves like the Unabomber or the white nationalist shooter in Charleston are overtly political. I know I’ve harped on this already, but Dr Kling’s point helps make this much easier to understand.

Much of the terrorism, if not all of it (I hope readers will provide counter-examples), not directed at the US and its allies (which do intervene and do occupy) is done in the name of separatist movements within a state. While states claim sovereignty over their territories, and use IGOs such as the United Nations to bolster these claims, the separatist movements believe themselves to be occupied by a foreign power. Pape makes this crystal clear in his work on the (nominally Buddhist but militantly Left-wing) Tamil Tigers of Sri Lanka.

If terrorism is political, but it is not aimed at foreign intervention or occupation/separatism, what would terrorists hope to accomplish by murdering people? Given the calculated political nature of terrorism highlighted above, I fail to see how terrorism could be carried out randomly, except in works of fiction like Batman comics or old James Bond movies. The fictional nature of random acts of terrorism leads me in to my fourth and last train of thought, namely that I think Kling is introducing a red herring when he states that “there are plenty of other causes” of terrorism. This is simply not true. Since Dr Kling didn’t provide any examples, and since I don’t want to attempt to read his mind, I can only hope he reads this post and provides me with some examples that I can proceed to debunk.

While I think Dr Kling raises an excellent topic that needs to be discussed way more often, he, like Dr Delacroix, simply does not have his facts straight when it comes to foreign affairs. Ideology and dialogue are important components of the free and open society, but without a good grasp of the relevant facts of a matter those tools for improving our livelihoods become worthless, at best.

What would I ask the president in an interview?

My favorite podcast really hit the Big Time this week. Marc Maron interviewed President Obama last week and released the episode today. Marc Maron does a great job interviewing his guests but this episode is (naturally) pretty different. Obama mostly gives a lot of fluff, but he did make some interesting points on the role of political institutions in polarizing politics, as well as the role of [implicit] property rights in shaping political outcomes.

While I was waiting for this episode to be released I wondered what I would have done in Maron’s position. It’s tempting to say “just scream non-stop for an hour until the president agrees to be better.” But of course, that wouldn’t do anyone any good (although I think it would sell advertising on cable news). The question is then “how do I avoid throwing softballs, maintain a good conversation, and still nudge in the direction of change I’d like to see?”

One thing I think would be important were I in that position is to restrict the number of issues I bring up. The limits of human attention mean that we simply can’t handle more than a handful of things at once. Piling on all the issues and complexities of the world would only serve to reduce anyone’s ability to do anything positive. Another thing I think would be important is focusing on areas where we already mostly agree. Nobody over the age of 25 is likely to change their opinion on just about anything, so why waste your energy. That’s sunk ideology. And besides, even if you’re talking to a real piece of work, you have some obligation to do a good job of being a conversationalist, and focusing on differences is less likely to lead to a good conversation.

So what would I ask Obama in an interview?

  • What do you see as the path forward to immigration liberalization?
  • Will you please push for a bill that allows any law-abiding person to work in the United States without giving them access to the Welfare state? (I would word that differently if I were actually interviewing the president, but you get my drift…)
  • Would you please let Nassim Taleb explain his risk-management argument for climate change interventions? And can he please also be required to comment on his argument’s relationship to the Law of Unintended Consequences?
  • What is your favorite episode of South Park?

That third point should be at least a little bit controversial. I’m agnostic on whether there’s anything to be done about climate change (although I’m all for using it as an excuse to liberalize immigration for the world’s poor). I’m seriously skeptical of governments’ ability to do any good in that arena. I’d really rather not add fuel to the fire, but I think it’s important to raise the standards of debate, and I think Taleb’s argument* is the most sensible one. Not only that, it has wide applications that should push (benevolent/benign) politicians to support simpler rules and fewer interventions.

Oh yeah, and I’d ask him if he’s a secret gay muslim. (“Does your mom know you’re a secret gay muslim?” Anyone else remember playing that game?)


* Taleb’s argument goes roughly as follows: We face uncertainty, but there is a non-zero probability of a catastrophically bad outcome. Maximizing expected utility is not the appropriate risk-management strategy in this case. Our most urgent need (our highest marginal benefit course of action) is to eliminate the possibility of the catastrophic outcomes–and perhaps after that start thinking about maximizing expected utility. Essentially the argument is “don’t play Russian Roulette!” But an essential underpinning is that a probability distribution describing outcomes in complex systems often exhibits “wild randomness”. In contrast to the “mild randomness” of the normal distribution, in wildly random situations it’s difficult or impossible to even have an expected utility. The conclusion I would hope they would draw is that intervening in complex systems (and particularly creating new complexity through increased regulation and more tax loopholes) is best avoided, and particularly at the national level.

Government Wisdom and Collectivism Revisited

This is a political science essay about public toilets.

Family obligations as well as my inclination cause me to spend four hours each weekday afternoon on a well known Santa Cruz beach. It’s Cowell Beach about which I wrote about a year ago on the occasion of another (fake) pollution scare. Four hours is a long time, even if I read there and swim quite a bit while I wait. (I would show you a picture of me in my Speedo but I don’t want you distracted from the serious point of my story.) I am practically forced to eavesdrop on young mothers and I can’t help seeing them. (Of which more another day, probably.) They spend a lot of time planning the logistics of taking one of two kids to the toilet for 20 minutes. (Who will take care of the one who does not need to go?)

There are two toilets on the edge of that beach, two. On a nice afternoon, there are hundreds of people on that small beach. (There are two other public toilets nearby but they belong to another, even more crowded beach.) In the middle of a nice afternoon when school is out like now, the lines to the two toilets are ten-deep. Once, it was fully sixteen deep. It’s enraging; it makes people furious; it ruins their day at the beach; it’s inhumane toward older people.

Here is a detour. The dearth of toilets does not pose much of a problem for local children though, to those who are used to the beach. You can spot them in the water to their waist, with the satisfied and relieved look of anyone doing Number One well at ease. Of course, for the many skittish, ill-informed, Apocalypse-minded citizens of Santa Cruz, it’s one more reason to worry about pollution. They already believe that torrents of human feces come down the hills on a small river unto that beach. That’s completely false, completely wrong. They worry about duck shit and seabird shit in the water. That’s not so wrong. And then, of course, the hundred-plus resident sea lions must contribute something once in a while. They are not all so fastidious as to go do it away from the beach, especially the teenagers. (One to three in sea lion years.)

The unpleasant toilet situation at Cowell Beach has lasted as long as I remember, fifteen years, at least. Now, I tell myself that if that beach were administered as a private, profit-making concession, within a year or two, there would be a ten or twelve toilets block near the edge of the beach. But then, I realize that the relevant city administration is probably neither deliberately malfeasant nor stupid. The most likely explanation for the lack of sufficient toilets near Cowell Beach is that the relevant city department is itself caught in a web of rules and regulations, most of which are of its own making. The accumulation of permits to build something as potentially polluting in such sensitive an area as a beach must discourage even the best disposed bureaucrats. “This can wait; let’s move on to another problem,” they must think. I am only betting here on the universal human propensity to classify problem by order of ease of resolution. Note that I am not denouncing some sort of bureaucratic perverseness or an especially iniquitous feature of tyranny. It’s just the nature of things: Weave a net; get caught in it.

I can’t think of another solution that having the beach be made completely private. Then, the owner will build sufficient numbers of toilets by spending as much as necessary to circumvent or beat in court the regulations that are the obstacle. But the remedy seems worse than the problem. Nearby Silicon Valley has several, or many billionaires who could buy the beach outright and close it to the public forever. One did just this at popular Martin’s Beach, south of Half-Moon Bay. I think the case been in court for several years, long enough for a generation of California to grow up without even seeing this wonderful, very special beach where I used to catch smelts by net from the sand.

I don’t know the solution to this real libertarian conundrum. I hope a better informed or purer libertarian than I am will develop a likely solution here.

Myths of Sovereignty and British Isolation, II: After Waterloo

The sovereigntist mythology of British history is in any case caught in a rather awkward place in claiming both a unique British role in resisting pan-European tyranny and a separation between Britain and mainland Europe. It is hard to see how both claims  can be completely true. The sovereigntist attempt to finesse this awkwardness is partly to claim that Britain played this unique role against Napoleon (well maybe Russia, Prussia, Austria and Spanish insurgents helped a little) is that Britain was in Europe to do the job and was then out again until destiny called on us to be in Europe again to beat back the Kaiser in 1914.

There is rather a lot wrong with this picture. As mentioned above, Britain shared royal dynasty with the German state of Hanover at the time of Waterloo. It had done so since 1714, when it acquired as king a Hanoverian prince who spoke almost no English. The Hanoverians continued to reign in Britain until 1837, when Princess Victoria was able to become British Queen but was not able to inherit in Hanover due to the exclusion of women from the succession. Anyway, she kept up the German link by marrying Albert of Saxe-Coburg with whom she spoke German at home. William II, the German Kaiser who was the national enemy/European hegemon of 1914, was one of her grandchildren and was apparently very attached to her.

Of course by this time, the royal family reigned in Britain rather than ruling, though Albert was rather keen on the ruling and things could have become very interesting on this issue if he had not died rather young. Anyway, even excluding the royal family, Britain was very involved with the rest of Europe after 1815. This involvement included:

  • possession of Gibraltar on the southern tip of Spain, going back to 1713, and still a British territory;
  • the island of Malta became British during the Napoleonic Wars and continued to be so until the 1960s;
  • the Ionian Islands were transferred to Britain from Napoleonic France, which had recently acquired them as part of a takeover of the Republic of Venice, and the islands remained British until transfer to Greece in the 1860s;
  • Cyprus became de facto British in 1878 with continuing de jure but not very meaningful Ottoman sovereignty until 1914 when the island was annexed, becoming independent in 1960, but even so containing two small parts of Britain in the form of two sovereign military bases.

So Gibraltar and two bases on Cyprus were still British, along with the nineteenth century presence in all of Malta and part of what is now Greece. This is surely rather a lot of European involvement for a country that supposedly experienced a radical separation from Europe after winning the Battle of Waterloo, according to the sovereigntist Eurosceptic narrative.

But that’s not all for nineteenth century British involvement in the rest of Europe. Combined British and French pressure on the Kingdom of the Two Sicilies (i.e southern Italy and Sicily) played a large role in weakening and isolating the state, so that it accepted absorption into the new state of Italy during the Risorgimento. The Crimean War took a British army via Ottoman Varna (now in Bulgaria) to fight against Russia, in alliance with the Ottoman Empire, France, and Piedmont-Sardinia from 1853 to 1856. Of course Britain was sometimes at war with the Ottoman Empire, so that in 1829 the British, French, and Russian navies defeated an Ottoman fleet at Navarino, a major event in Greek Independence. A remarkably brutal Independence War had been going on since 1821, and the Battle of Navarino marks the decision of the Great Powers, including Britain, to arrange a settlement according to their wishes and convenience, with a German king imposed on the new Greek state (which was initially a republic). Presumably the British government believed that if they had a German monarchy so should everyone else. Britain of course continued to be involved in the lengthy process in which the Ottoman state was bit by bit separated from its European possessions, though often tilting towards the Ottomans to pin back the Russians, as in the Crimean War. Anyway, this all amounts to a very busy time in Europe for a country that had supposedly separated itself from Europe, and I’ve only covered the highlights.

The other side of the sovereigntist-Eurosceptic narrative of Britain after Waterloo is that Britain somehow stood alone as a country of liberty, progress towards democracy, law, prosperity and the like, showing the backward Europeans the way. There is some truth in this, on the whole Britain was ahead, but there are so many qualifications to be made that this can only be treated as like being slightly ahead rather than putting Britain in a class of its own, but more on that in the next post.

Myths of Sovereignty and British Isolation, I: Waterloo

The United Kingdom of Great Britain and Northern Ireland is now in the run up to a referendum on ‘renegotiated’ membership of the European Union which will supposedly return some sovereignty to UK political institutions. The date of the referendum and the details of the ‘renegotiation’, which in all likelihood will consist of changes of a secondary kind particularly since changes to the relevant treaties would trigger referendums in other EU member states with unpredictable consequence. The Conservative government is also making gestures towards repealing the Human Rights Act, which incorporates the European Convention on Human Rights into British law, and replacing it with a ‘British Bill of Rights’, and at the extreme may withdraw from the European Convention, leaving the UK as the only European nation apart from Belarus in that situation.

It looks like the Prime Minister David Cameron is happy to stay in the EU after minor changes and to keep the Human Rights Act and that he is not at all aiming to withdraw from the ECHR. I say this because he is an extreme pragmatist who does not aim for big shifts in Britain’s constitutional arrangements and relations with Europe, though as an extreme pragmatist he appears to send different signals to different people, so there may be some with a different impression.

I introduce these issues in current British politics in order to discuss the ideas of national sovereignty, laws, and institutions at stake along with the understanding of Britain’s historical relation with Europe. These are not necessarily at the centre of all political debate on the matters introduced above, but they are part of the debate and the ‘Eurosceptics’ – who both want to reduce Britain’s connection with European institutions and promote an idea of absolute national sovereignty – are already on the offensive with their vision of history. Two historical anniversaries have been used for this agenda: the two hundred year anniversary of the Battle of Waterloo and the nine eight hundred year anniversary of Magna Carta. More on Magna Carta when I get onto issues of law and institutions in this series of posts. First a few post posts about the general history.

What is partly as stake here is a debate between two wings of the liberty movement. The Eurosceptics in Britain have a strong element of conservative-libertarian fusionism while the Europhiles have an element of more cosmopolitan culturally pluralist libertarianism. The most obvious issue after European institutions dividing these two groups is immigration, with cosmo-Europhile libertarians much more inclined to open immigration than the sovereigntist-Eurosceptic libertarians. There are of course grey areas, overlaps and exceptions, but the overall pattern is very clear. Strictly speaking Eurosceptic and Europhile here refer to attitudes towards cross-European institutions, not other Europeans, but it cannot be denied that behind the more tolerant sounding version of Euroscepticism there are a lot of resentful people who don’t like foreigners, Europeans and people who are not like us, and think of democracy as preserving majority cultures and communities as dominant and unchanging. The sovereigntist-Eurosceptics tend to be very influenced by conservative-libertarian circles in the USA and to promote an ‘Anglosphere’ idea in which Britain is essentially part of a community with the USA, Canada, Australia, and New Zealand (i.e. white majority countries which used to be part of the British Empire), and is essentially not European.

What I present in today’s post is a critical response to the sovereigntist-Eurosceptic version of British history. The Waterloo anniversary for Eurosceptics is commemorated for being a moment when Britain played a decisive role in undermining the claims of autocratic rulers to dominate Europe. In the late sixteenth century it was Philip II of Spain, in the early eighteenth century it was Louis XIV of France, in the early twentieth century it was William II, Emperor of Germany, King of Prussia, and in the mid-twentieth century it was Adolf Hitler, Führer of National Socialist Germany. There is some truth in this. Britain’s place as a powerful offshore part of Europe has suited it to hold out against a continental hegemon and provide a focus for turning back the hegemon’s power; nevertheless the sovereigntist-Eurosceptic version of this is bombastic and evasive.

Focusing on Waterloo, since that is the key anniversary of the moment, it was not a single-handed victory by Arthur Wellesley, Duke of Wellington (who was born and brought up in what is now the Republic of Ireland) and a British army. The battle was only won because of the arrival of a Prussian-German army led by Marshall Blücher, who has a claim to be a commander of greater vision and imagination than Wellesley (though it should be said that he was superlative in all other aspects of command). The majority of Wellesley’s army was Dutch, Belgian or German (even excluding soldiers from Hanover which at that time shared its royal family with Britain) and many of the ‘British’ were, like Wellesley, from what is now the Republic of Ireland. While Wellesley and the British soldiers at Waterloo undoubtedly showed the greatest courage and determination in the battle, the image of Britain defeating the returning European hegemon, Napoleon Bonaparte, is false, if a falsity that became a major part of the more mythical aspects of British history.

Coming next: Britain before and after Waterloo

Senator Rand Paul on Taxes: Chip off the Old Block

Sen. Rand Paul, the nominally Republican presidential candidate, has inherited an uncommon trait from his father. He manages to inspire distrust in his credibility even as he conveys a message I want to hear and believe. On Thursday June 18th 2015, he had an op-ed in the Wall Street Journal about his proposed tax reform. Any national tax reform involves fiendishly difficult calculations about complex matters. Sen. Paul wants to junk the whole repulsive, disgusting, oppressive income tax and the IRS in favor of a flat tax. Music to my ears but difficult to believe his assertion that this replacement would be revenue neutral.

I don’t especially want federal revenue neutrality. I want the federal government’s share of GDP to decline. Yet, I understand that Mr Paul wishes to avoid conducting two discussions in one. (Junk the personal income tax; decrease the power of the federal government.) So, he has not done anything wrong there.

My problem is that in the course of a longish piece, he misuses grossly two sets of simple, basic economic terms. In this second paragraph, he refers to “duties and tariffs…” Toward the last third, he states something about “small businesses” and “corporations.” Both statements would be unacceptable in a sophomore basic economics class, even in a introduction to economics in a reasonably good high school.

Here is the first mistake: duties and tariffs are the same object. A “duty” is a tax on imports (or, very rarely, on exports). A tariff is the mechanism used to levy such taxes. It could be 10% of the value of the import or it could be $1 per bottle, for example. (Both methods are common.) That’s it. Referring to “duties and tariffs” proves beyond any doubt that you don’t understand the ordinary and oldest form of taxation. It looks bad in an essay devoted to …taxation.

Contrasting, or building any sort of parallel construction between “small business” and “corporations” is a common mistake but it does not belong under the pen of an elected politician who wants, as his main contribution, to overturn the way we have been financing most government for fifty years. “Small” businesses are in fact small. “Corporations” can be of any size, including two people, such a dentist and his wife. Most American corporations are small. The word corporation refers to a legal arrangement. It has nothing to do with the size of the business.

It’s as if Sen Paul did not know simple stuff when he talks about complex stuff. It’s as if, even more seriously from the standpoint of his credibility, he had no one to proofread his writing for blatant errors. It’s as if he were so convinced of knowing everything that he did not need -ever – anyone looking over his shoulder. If these two mistakes are the product of carelessness, they also imply hubris. That’s worse than simple ignorance because it has no cure in a grown man.

How can I trust someone to unravel the complex relationship between taxes, government revenue, economic growth, and personal liberty when he sounds like one of my indifferent former students?

A quick thought on justice

I thirst for justice. Sometimes it nearly gets me killed.

Driving in Long Island traffic gives me many opportunities to exercise my justice muscle which just reduces my life expectancy by that much more. This whole “turn the other cheek” thing is health advice, not an ethical rule. Don’t get me wrong, I wouldn’t want to live in a world without justice. But as an individual I need to work on tempering my own craving. I need to quiet that voice deep in head that shouts “THEY MUST PAY!”

This desire for justice seems to be part of human nature. I’d bet that it’s an essential part of hunter-gatherer society. But in the society where I can perceive all sorts of injustices, it can lead me astray. I’m glad I’m not allowed to be a vigilante because I’d almost certainly kill myself in the process.

Trade: Is Obama Right This Time?

I was hoping to sit this one out. I mean the multiple discords about the new Pacific trade treaty proposed by President Obama. I feel I need to lend a hand because there are good reasons to be confused. Plus, I taught international business for twenty-five years. My voice just might be useful this time. Here is my brief but adequate road map to the problem. I am deliberately staying away from nouns and initials because they do more harm than good.

Pres. Obama has an early draft of an international trade agreement with a large number of Pacific countries. Such agreements eliminate or lower trade barriers. So, first, they make it easier for economic actors from one country to buy a and sell things to economic actors from another country. That’s because all trade barriers are hidden taxes on consumers. They all raise prices above where they should be. Get rid of them, have more real income.

Second, the lowering or the elimination of trade barriers ultimately result in something almost magical: Economic actors stop doing what they are doing badly and start focusing on what they do well. Most items become less expensive and of better quality. Everyone benefits from this. I mean everyone in the world.*

International trade agreements do cause some to lose their jobs. They create many more jobs than they cause to disappear, however. But the loss is certain: After all, as soon as central American bananas are allowed into Canada, Canadian banana growers must lose their jobs, by and large. Incidentally, there have not been Canadian banana growers, as far as I know but you see what I mean: Canadians ought to concentrate on producing lumber, or refrigerators, or iron ore, almost anything but bananas.

The current trade project presented by Obama contains a $500 million clause to retrain at public expense those Americans who might lose their job as a result of the new agreement. This is nothing new. Previous trade agreements contained similar arrangements.

President Obama wants what is known as “fast track authority.” That’s the privilege to have the Senate vote a simple “Yes” or “No” on the final draft of the agreement with those many other countries. This is pretty necessary because if each government of each signing country has to go home and gather amendments and often, amendments to amendments, in the end, no agreement sees the light of day. It’s a practical thing, not a sinister ploy.

On the one hand, practically all previous presidents who signed international trade agreements had fast track authority. On the other hand there is a sturdy reason to deny Mr Obama fast track authority: He is a proven, extremely bad negotiator. On the third hand, the negotiations of such agreements are almost completely done by technical personnel who know their business. And, how likely is Mr Obama actually to get involved?

As I write, elected Democrats are all against everything involved because the unions think that every international trade agreement makes them lose ground. I think their perception is correct. Republicans are torn between their understanding of the world (which is more or less like mine) and their wish to give the president a black eye.

This is a small digest of a complex and interesting issue. I deal with it at leisure and extensively in nine installments on this blog. Each had the words “protectionism” or “protectionist” in the title. Again, those are installments; you may want to look at them in order. No test!

* Paradoxically, one of the best, clearest scholarly explanations of this magic – called comparative advantage – is by Paul Krugman. It’s from the days when he was not yet crazy. Bret Stephens in the WSJ 6/16/15 jogged my memory on this strange fact. It’s worth looking up Krugman, for once.

From the Comments: Libertarians and Love

Rick responds to my question about heartless libertarians:

You’re spot on. There’s a mental image I’ve read (and I’m going to butcher this because I don’t remember it clearly) of a moral gradient (I’m 60% sure that’s what it’s called). The way I fit this concept in my head is that we each have a sort of a topographical map of something hill-shaped. This map represents the moral weight we put on others and ourselves. We’re at the center, and the points furthest away are those strangers from far away that we will never meet in our lives. Different areas may represent different groups of people. Even better, instead of a topographic map, you’re forming it with a finite amount of playdough. Some people might have more or less playdough than others, but they’re usually pretty similar.

Say one person’s hill is shaped like Grinch mountain (incredibly steep) he holds himself in far higher esteem than anyone else, even those very close to him. Someone whose map is a flat plain (or plateau, but it’s hard to tell, isn’t it?) is messiah-like in her even-handedness with humanity; every person is as valuable to her as her mother. Both of these are very different from normal, and we like to see other people be normal. Sometimes quirkiness is acceptable, and I suppose we might admire someone whose map looks like a ridge representing her strong devotion to the children of an African village she visits every year as well as animals of all sorts.

When I compare my moral gradient to the people around me, I notice some important differences. I put a much higher weight on strangers and foreigners. I still probably put a lower weight on the poor than a typical democrat. But that effect is swamped when you account for how much more I care about strangers and foreigners. So if I care more about the world’s poor, then who’s missing out on love? From whence came this playdough? I’m pretty sure it’s my girlfriend’s coworkers. I honestly can’t keep them straight and I can’t piece together the stories I hear about them into anything but the most abstract people.

I think my moral gradient might be pretty typical for a libertarian. Like you, I don’t want to put people out and that can appear stand-offish. But that’s really just me saying, “I don’t know you, but I believe you aren’t simply a solipsist delusion left here for my abuse or neglect.” But other-oriented sentiments come at a cost. I consider people in the abstract, where non-libertarians consider people on a case-by-case basis. Each one is special, but only a few of them actually count. Most people incorporate Dunbar’s number as both the limit of their social network and a limit to the number of people they actually care about. For me, I basically recognize “family”, “friend”, “human being”. I don’t have “second cousin, twice removed” or “friend’s ex-boyfriend’s cool cousin that I still hang out with some times.”

That’s all a very long winded way of saying “egh, their measure for love might have been focusing on love for those in-between strangers whose names I just can’t remember for the life of me.”

Here is the wiki for Dunbar’s numbers (Robin Dunbar is a British anthropologist). Here is more from Rick on the topic. The ‘moral gradient’ Rick speaks of probably has to do with the research of the economists Sandra Peart and David Levy (I’d start here, if you’re interested), but I’m just wagering a guess.

The Tyranny of Majoritarianism

Where did the concept of “majority rule” come from? Why should any majority rule over any minority?

Of course the idea of protecting minority rights also exists. It is accepted in the civilized world that minority religions, ethnicities, and cultures should be respected. So evidently the global belief in majoritarianism is not absolute. But overall, the prevailing global political culture in democratic societies is majoritarian. The party which has some majority in an election gets its leaders in the government, and it is able to impose its policies on everybody.

In a voluntary club, it seems natural that the leader be elected by the majority. Everyone in the club agrees about the mission of the club. Suppose it is a hiking club. It does not matter too much who the leader is, so a majority vote seems like the best option. Also, in deciding which location to hike in, majority rules seems sensible. Majority rule provides greater utility than minority rule, and there is general agreement that making more people happy is better than if fewer are happy.

But when it comes to government, majority rule is problematic. First of all, majority rule is based on the persons who may vote, not the whole population. Young children do not vote, and foreign residents do not vote. The adult citizens own the country, so they vote.

People believe in majority rule because they think of the alternative as either dictatorship or a rule by an elite minority. Why should one man or an aristocracy rule over the others? The global political culture now rejects monarchial rule as violating equality. What is not understood is that imposed majority rule also violates equality.

If we accept human equality, that all human beings have an equal moral worth, then the logical conclusion is equal self-governance. No person has a natural right to impose his will on another, because is it morally evil to coercively harm another person. Harm means an invasion into the domain of others, including the harm of restricting the other’s peaceful and honest actions.

When a person becomes employed, or enrolls in an institution such as a university, one does not usually expect democratic governance. The company is a non-democratic hierarchy, in which there is a top boss, lower bosses, and the ordinary workers who are directed. The workers has to comply with rules he may not favor, but the arrangement is voluntary because the worker chose to enter into employment or enrollment, and he may quit.

The equality of the employment situation is the ability of the worker to enter and exit, and the ability of the employer to equally contract with the employee and to terminate the employment. Free association is the basis of equal liberty.

The governance of territory is in accord with human equality when there is freedom of association among the members. Whether a territory is ruled by one man or by a majority does not matter so long as the individuals consent to be governed, so long as they can exit at will. After all, a traveler does not expect a voice in the rules of the places he visits. Whether the location is run by one person or the local majority does not matter to the traveler, so long as he may come and go, and so long as any unusual rules are presented in advance.

We need governing structures, but these can be contractual agreements among equals. We have today voluntary contractual communities such as homeowner associations, road associations, condominiums, cooperatives, and proprietary communities. All neighborhoods could be governed this way, and then the local organizations can form greater associations for public goods with a broader scope. An occasional hermit would not disturb the governing continuum.

Just as local communities would be able to associate, they would have the freedom to disassociate. The problem with imposed majoritarianism is that individuals and communities may not secede, and so they are forced to be dominated by the majority. Minorities are subjected to the law enforcement, schooling, drug laws, civic services, and taxes favored by the majority.

The reform that would establish deep equality would be a constitutional rule that would prohibit only coercive harm to others. Government would not impose costs and restrictions on peaceful and honest action. Contractual communities would be free to have restrictive rules among their own members. Contractual governance is best implemented bottom up, with secession where feasible.

The avoidance of imposed costs implies the absence of taxes on transactions and produced goods. There would be charges for trespass and invasions, such as pollution. In the absence of taxes on labor, capital, and trade, those who hold title to land would have to pay for civic services from the yield of their land, the rent. Ideally, people would understand the logic of equal benefits from the rent generated by nature and community. The deepest equality would consist of both equal self-governance and, as Henry George put it, standing “on equal terms with reference to the bounty of nature.”

Milton on Free Political Institutions: ‘The Tenure of Kings and Magistrates’ (1649), ‘A Treatise of Civil Power in Ecclesiastical Courts’ (1659), ‘The Ready and Easy way to Establish a Free commonwealth’ (1660)

“He was, as every truly great poet has ever been, a good man; but finding it impossible to realize his own aspirations, either in religion or politics, or society, he gave up his heart to the living spirit and light within him, and avenged himself on the world by enriching it with this record of his own transcendental ideal.” (Comment on John Milton by the English poet Samuel Taylor Coleridge, 1772-1834)

For my introduction to Milton see here, for my post on freedom of the press in Milton see here.

Milton made important arguments for the kind of political institutions which would serve liberty, as well as discussing to goal of freedom in discussion of opinion. Though there are two basic Milton texts identified here, I will not attempt to distinguish them here, let alone take into consideration every possibly relevant text by Milton. This is a period of rapid change in political institutions in England (also applying but unevenly and differently in Ireland and Scotland; at this time Wales has to be considered part of England), of experimentation including the execution of King Charles I just before the publication of the first essay identified was published and the institution of a Commonwealth and Free State, in that year, and of reaction in the sense of royal Restoration in the year that the last essay identified was published. Context matters and so does change, but I think for the purposes of this post as opposed to a blog about the details of Milton’s life as a man of letters and politics, this will be mostly an overview rather than a tracking of Milton’s evolution.

As with his views on free speech, Milton’s views on political institutions mix religious commitments with knowledge of English history and great scholarship of ancient texts. The knowledge of ancient texts to some degree overlaps with the knowledge of religious texts, which is one reason why intensified study of the Bible in the sixteenth and seventeenth century tended to serve general cultural development and liberty.

Milton’s objections to monarchy are partly established through his reading of the Old Testament/Hebrew Bible where he argues that God warned the ancient Jews against adopting the institution of monarchy. Anyone interested in following up which parts of Hebrew scripture Milton is using here should start with the First Book of Samuel, Chapter 8. Disasters that befall the Biblical Jews are in some measure the consequence of ignoring God’s counsel in this matter. Of course, many have seen the Bible as justifying not just monarchy, but absolute monarchy so Milton goes to some effort to argue that monarchy was a second best institution for the Jews from God’s point of view and that the Jews never gave their monarchs absolute power.

The view that Milton has then, of the rights and powers of kings, is that they are established by covenant with the community and not a divine authority which the community must obey. The idea of covenant is important in Christianity, with regard to the view that the ancient Jews had a covenant with God as his chosen people and that Christ offered a new covenant for all humans willing to follow him as the son of God. These covenants were very much emphasised in the Protestant culture of the sixteenth and seventeenth centuries, which thought it was returning to a relation with God obscured by centuries of Catholic interposition of church hierarchy between believer and divine word.

The idea of covenant moved quite quickly from theology to political and legal thought in Hugo Grotius (1583-1645), a Dutch theologian and legal-political thinker who was one of the major shapers of modern thought in these matters. Milton does not emphasise him in these essays, but he was certainly an influence. For Grotius, the covenant is at the centre of theology, and influences his view of the obligation to obey law and government, though he does not use the language of covenant greatly in that context. The point being in political terms that in some way laws and political institutions rest on some choice of the community to obey them. In Grotius’s thinking, this is more about the reason for obedience than an incitement to rebellion where laws and institutions lack popular backing, but the latter aspect is necessary outcome. This ambiguity carries on into the Leviathan of Thomas Hobbes (1551) which takes a foundational social covenant (defined more in legalistic than theological terms) as the basis of absolute obedience to the sovereign, but certainly influences the view of John Locke’s Essay Concerning Civil Government (1690) according to which ‘the people’ (in practice Locke meant the upper classes reğresented in Parliament) the right to overthrow government.

So Milton precedes Locke’s view that rebellion against unjust government is lawful, even admirable, and that laws are uniquely made by ‘the people’ in Parliament and never by a monarch. Milton himself draws on earlier historical precedent for this view of government as based on contract and the right of rebellion against government which ignores that contract. Particularly important is the Dutch Revolt of the late Sixteenth Century, in which merchant towns rebelled for political, commercial, and religious reasons against the absolutist Catholic monarchy of Spain which had acquired them for rather accidental dynastic reasons in recent history. Final agreement with Spain took a long time, but the new Dutch Republic quickly established the possibility of a mercantile republic in modern Protestant Europe and offered support to those who considered republics to be more Protestant than monarchies. Milton draws further on recent Scottish history, pointing out that a Protestant Scottish parliament had deposed Mary, Queen of Scots, in the preceding century. In general, Milton argues that the idea of monarch contradicts the idea of an ordinary human with an ordinary body, with legal accountability like anyone else, and so can never be incorporated properly into a state of free citizens.

Though monarchy which obeys such agreements is allowable from Milton’s point, it is not ideal and is very likely to decay into outright tyranny. Nevertheless he offers examples of how great monarchs of European history, including Roman Emperors, accepted that their power was only justified by serving law and the good of the community. As Milton emphases the last great Roman Emperor Justinian (ruling from Constantinople towards the end of the period during which any Roman Emperor controlled much territory beyond Anatolia and the Balkans) produced the greatest codification of Roman law, making himself the servant of law, not god on Earth. In any case is monarchy might be just about tolerable in many societies for Milton, the proper practice of Protestant Christianity certainly required a freedom from the religious and institutional church authority demanded by kings. Protestant ideas of free discussion of religious ideas and self-governing groups of believers could not thrive under a king (which was a reasonable estimate since Protestant Dissenters were not really equal citizens until the nineteenth century when the monarchy had become largely ceremonial, and indeed the last monarch who really struggled for a more than figurehead role, George III, was en enemy of religious emancipation).

Milton developed a view of how a republic, or commonwealth, might survive over the long term, certainly a longer term than the period it lasted in England, in its purest form only from 1649-52, and then the Lord Protectorship of Oliver Cromwell until 1658 and his heir Richard Cromwell until 1660. He thought that while the country might need a new parliament in 1660, once elected it should serve permanently, replacing dead or absent members through its own method. What Milton seems to advocate here though is not a permanent republican law, but something necessary to institute a permanent republic. Milton thinks of the beginnings of  a republic as embattled and as needing to act more like an army than a fully stabilised and secure civil republic should. Both the chance for election and eligibility to vote can be restricted while the republic secures itself against selfish internal a faction and external danger. Here Milton runs into the problem Niccoló Machiavelli, an ardent republican despite frequent misrepresentations, encountered in The Prince, how to get a people that is not very republican and maybe not very ready for a republic to the point where civic virtue and understanding of public good are strong enough for a workable republic.

Milton’s life and public service under the take over of the English republic by the quasi-monarch Oliver Cromwell, followed by his life and exile from public life under the restored monarchy, is the context for the quotation from Coleridge at the head of this post. For Milton, republicanism and associated ideals, became more and more associated with some better and other world. After the Restoration Milton certainly became the author of poetry rather than political essays, producing in particular Paradise Lost, a religious epic which places him just below Shakespeare in general evaluation of English literature. We could look there for a more ‘transcendental’ exploration of republicanism and liberty, and I had hoped to do so. However, this task will be deferred as I think a responsible investigation of republicanism in Milton’s poetry, though a recognised area of discussion, is just too big and different to incorporate into this sequence of posts. Later I hope.

Gay Parade: a Conservative Take

So, last Sunday was Gay Pride Parade downtown Santa Cruz. I am all for parades in general. It feels good for people to march, no matter the cause. In this case, I am a little perplexed at first. I don’t know what the marchers are addressing. This is Santa Cruz, after all, where no one is ever judgmental, except against those who are judgmental. Where is the potential gain in tolerance, I wonder?

The parade does not even succeed in browbeating me by making me feel “what it’s like to be a minority.” After all, most of the women in the parade are a lot like me. They like what I like. We may have been rivals once but I was not even aware of it until my wife brought home – in all innocence – an obviously lesbian admirer. My wife is from India. She was young then. There were many things she did not understand. Also, she was striking. Of course, I threatened the woman with beating her up with my big fists. No, I was not acting intolerant. I treated her the way I would have treated any sexual rival. I treated her equally, you might say. (Yes, she quickly vanished.)

The Santa Cruz parade is puzzling in other ways. One small tight group carries two signs. The first shows a Star of David in several colors. The second sign shows a small number of abstractly rendered fish in the same colors. I can’t bring myself to believe that this is a plea for support of Jewish homosexual fish. Yet, I have no other interpretation. The Santa Cruz parade also leaves me a little frustrated because it’s frankly scruffy, overall. I feel parade envy vis-à-vis the flamboyant and perfectly groomed San Francisco Gay Pride Parade. I am not sure but I think the difference is due to the fact that the Santa Cruz event is dominated by lesbians. Many (not all) lesbians make it a point of pride to wear sloppy t-shirts, like guys. Some aspire to be male rednecks and are fast getting there.

Toward the end, I enter into a conversation with two older woman, one costumed. It turns out they are leaders of the local Medical Marijuana Alliance. One is a retired nurse. They both like guys, one of the biddies reassures me unhelpfully. They are there because there is an alliance between the Alliance and lesbian and gay organizations. They support one another politically. This is good American politics at work. Mutual support is set up peacefully, without acrimony, to gain influence over rules and over how public funds are spent. I often complain about the policy results of such coalitions but I can’t think of a better way, in the short term, that is.

I still dislike taxation and I dislike even more large segments of law and order. I detest above all the so-called War on Drugs, a true catastrophe for this whole society. In the short term, though, I don’t see the path forward to doing away with these gross limitations on individual freedom. So, I rejoice in every item of evidence that we could do worse.

A question on adverse selection for the economists

I can’t think of an example of adverse selection occurring without asymmetric information. Does anyone else know of one?


But as long as I’m here waiting for answers, let me think through an aspect of this…

The classic example of adverse selection in my mind is the Death Spiral. (My dad sells group benefits, so growing up I would hear about some of the weird outcomes of different states’ insurance regulations on things like pre-existing conditions.) Trying to pull apart adverse selection (AS) and asymmetric information (AI) has led me to an interesting thought: The adverse selection problem created by preventing insurance companies from using the (very sensible) policy of not covering pre-existing conditions (i.e. of only insuring insurable things) may unravel some epistemic aspect of this situation.

The private costs of sharing information about pre-existing conditions falls and this might have modest benefits to offset the significant costs of AS. I’m sure health economists would be happy to have this sort of information, and maybe it would give insurance companies’ actuarial division some new insights that could apply to other markets.

The Lowest Levels of Love (with apologies to Dr Amburgey)

Different Types of Love scale

The Different Types of Love scale is a 40-item measure of loving feelings toward four different groups. Participants indicate agreement with statements concerning friends […], family […], generic others […], and their romantic partner […]

Results.

Table 4 shows that libertarians showed the lowest levels of loving feelings toward others, across all four categories (although the difference with conservatives on love for friends was not significant).

Interpretation.

Consistent with the results on the Identification with All of Humanity scale, the libertarian independence from others is associated with weaker loving feelings toward friends, family, romantic partners, and generic others. It is noteworthy that differences between liberals and conservatives were generally small (except toward generic others). Libertarians were the outliers.

You’ll always be my bro, though. These results come from a paper by a bunch of moral psychologists, including Jonathan Haidt. I’ve blogged about the paper before, in regards to intelligence. (Libertarians are smarter than conservatives and liberals, remember? It turns out that we are bigger jerks, too.)

My intuition tells me that this is an incomplete analysis, though (the paper’s authors say as much, up front, in the paper itself). It’s not that libertarians are less loving than conservatives and liberals, it’s simply that we show our love in a different way, most likely in a way that isn’t represented in the sampling process. Libertarians could not, for example, be the ardent internationalists that we are without some measure of “love” for humanity.

Here is an example of what I mean. Suppose I am walking down the street and I see a bum with a cardboard sign and a tip jar (a paper cup from Carl’s Jr). The bum is drunk, and a little stoned. I say to myself, “Damn, that guy is in a crappy situation.” I reach into my pockets to see if I’ve got some change or, better yet, a couple of cigarettes. I am comfortable in claiming that most libertarians – sans those raised on the Atlantic coast of the US – go through the same thought process. If I put myself in that guy’s shoes, anything more than what I spare for him becomes a nuisance to me. Does this make sense? So if I’m panhandling, and somebody tries to do more than give me their change or spare me a couple of smokes, they become a pain in my ass. Why would I want to be a pain in our hypothetical bum’s ass?

This same thought process can be attributed to family, friends, and romantic partners. We’re not being jerks, we’re respecting your autonomy. I know for a fact that this can be a shallow admission of truth for some to hear, but it’s the truth nonetheless.

The libertarian’s outlier-ness in regards to conceptions about love may explain why we have such a tough time politically. (Our superior cognitive skills, which prompts us to be more open to getting at the truth of some matter, also goes some way toward explaining why we fail politically, as politics is emphatically about avoiding the truth.)

Morality (“love”) is simply one of a number of different spheres of conception about how the world works (including, say, economics, history, or sociology). However, morality is often the only sphere that people can afford to use to make judgments about this or that policy or social puzzle. This is because the training that is required to understand more complex topics like economics or sociology is expensive (“time”) and hard to come by. So, for example, there are a number of explanations for why foreign aid to Somalia is bad. You can use historical explanations or sociological ones or economic arguments, but the first – and often only – line of reasoning used by most people is moral in nature. Thus:

Giving money to poor countries is morally wrong.

Not exactly a game-winner, right? Look at what a jerk you are. Should we, as libertarians, be spending more time explaining to others why we think the way we do?

David Friedman on Judging Outside Your Expertise

David Friedman writes:

Accepting the views of experts on a question you are not competent to answer for yourself, assuming that you can figure out who they are and what they believe, is often a sensible policy, but one can sometimes do better. Sometimes one can look at arguments and evaluate them not on the basis of the science but of internal evidence, what they themselves say.

He goes on to give examples of inconsistent claims made by global warming alarmists. His (short) post is worth the read. Here are my 2 cents:

First, (in response to the block quote) deferring to experts is sensible but requires a certain degree of expertise in picking out who they are which is a difficult task. We’re all human, and it’s hard to hold something in your head without thinking it’s true. That makes it hard to not be arrogant. We need to emphasize strongly that interpreting information is hard, and the outcomes are not at all obvious. Those concerned with anthropogenic climate change (myself included) are better served by stressing the uncertainty involved and making arguments centered on appropriate risk management.*

Second, The issue of climate change boils down to a series of sub-issues that need to be considered carefully:

We need to think about costs and benefits. A warmer world would be a boon for many people. If we could set the average world temperature, we would want it to be higher than 0 Kelvin. We might even want it to be warmer than it is today.

We need to think about the uncertainty surrounding what’s happening, as well as what we can do about it. We should be particularly skeptical about cost estimates for any effort to try to control the environment.

(This one’s a bit of a non sequitur.) We should use this as an excuse to do things that would help reduce the costs of climate change that we should be doing anyways. Specifically, we need to liberalize immigration policy in wealthy nations. Let’s say there’s a 0.00001% chance that climate change has a bad outcome, and that specifically that outcome is that the entire country of Bangladesh will catch fire and kill everyone. That’s a good excuse to let Bangladeshi’s come to America, but we should be doing that anyways. It’s a low cost (actually a negative net-cost) solution to a potential problem of climate change.

Here’s one that I think the smarter alarmists/deniers already recognize: this is a political discussion. Politics and the truth don’t mix. But recognizing this point and making it widely known may allow people to tone down and argue something closer to the truth.

skepticalscience
Global warming will lead to catastrophic… life?

Both sides like to think of themselves as skeptical (as demonstrated by that masthead which warns that we might have to suffer through the addition of a habitable continent (?)), and good for them. We should value skepticism in this. But that skepticism shouldn’t lead us to make bold claims on one side or the other. It should lead us to ask a lot of “what if?” questions. This is a risk management issue, not a social engineering one.

* I like Taleb but I’m not as worried by GMO’s as he apparently is, but I haven’t read that paper either.