Methodology, Theory and “Real” Sociology

09/07/201209/07/2012 Brandon Christensen Links cross-sectional studies, globalization, high theory, longitudinal studies, multinational corporation, organizational theory

Co-blogger Jacques Delacroix writes the following (in 1995!):

Organizational ecology is the other major open system school of thought. Organizational ecology (sometimes called “population ecology”) is built around the concept of structural inertia. In the ecological view, organizations in general have little latitude for effective structural change. Indeed, accoriding to some ecologists, important structural forms are often recipes for disaster and more likely lead to organizational demise than to organizational adaptation, as assumed by managerial schools of thought […] Continue reading →

Around the Web

09/06/201205/12/2015 Brandon Christensen Links Anthony Gregory, anthropology, Austrian Economics, Bill Clinton, Bleeding Heart Libertarians, Independent Institute, Jacob Levy, Peter Boettke, unions, War on Drugs

Political scientist Jacob Levy shares his thoughts on unions

Social liberalism and the drug war, in which Bill Clinton and the Left gets taken to task for its hypocrisy

Austrian economics and anthropology: what’s the connection?

Friedrich Hayek: Champion of Liberty

09/06/2012 Brandon Christensen Current Events, Economics, Links, Politics Ayn Rand, F.A. Hayek, GOP, Paul Ryan, Republican Party, socialist calculation debate

From Richard Epstein:

Thus Hayek’s 1940 contribution to the “Socialist Calculation” debate debunked the then-fashionable notion that master planners could achieve the economic nirvana of running a centralized economy in which they obtain whatever distribution of income they choose while simultaneously making sound allocations of both labor and capital, just like in Soviet Russia.

Hayek exposed this fool’s mission by stressing how no given individual or group could obtain and organize the needed information about supply and demand conditions throughout the economy. The virtue of the price system was its use of a common unit of measurement—money—to allow various actors to compete for a given resource without having to lay bare why they need any particular good or service. The seller need only accept the highest bid, without nosing around in other people’s business. The interaction between buyers and sellers allows for constant incremental adjustments of both price and quantity. Old information gets updated in a quick and reliable way, thereby eluding the administrative gauntlet of the socialist state.

This essay, which y’all should read, was sparked by the attacks on Rep. Paul Ryan’s supposed intellectual influences F.A. Hayek and Ayn Rand.

Revamped and Reenergized

08/30/201204/06/2015 Brandon Christensen Current Events, Links Henry Moore, music, Wire

I’m going to begin some pretty intensive research and writing projects over the next month and a half, so you probably won’t hear from me much (keep the hooting and hollering to yourselves, please!).

A couple of quick items of blogging business:

One of our loyal readers, Hank Moore, has generously volunteered to become the administrator of our revamped Facebook page. You can check out what he has been doing here. Thank you so much Hank! Honorable men are hard to come by these days.

I’ve been listening to this one song over and over again for the past three weeks. Sometimes I’ll even listen to the rest of the album, too.

If you haven’t heard yet, the ‘Recommendations‘ section has been in a steady process of renovation since the blog launched, and now I like what I’m beginning to see. let us know what you think. I think it does a good job of flexing the intellectual firepower of the libertarian movement (broadly construed).

Have a great weekend everybody!

Bureaucracy: Yet Another View

08/25/201208/25/2012 Brandon Christensen History, Links bureaucracy, French Navy

When I write now about my naval period, I feel almost forced to apply a bit of organizational analysis to my memories. It’s a slightly disturbing experience because being a small cog in a bureaucratic organization, a state organization at that, unexpectedly fails to evoke bad feelings.

It’s disturbing because life and work within a bureaucracy is at the antipodes of libertarian utopian imagery. It’s disturbing, additionally, because government routinely acts as the principal agent of routine state oppression in societies with a constitutional government such as the US. This malaise is also an opportunity. I believe that people who think of themselves as libertarians, even those with a mere libertarian bent, don’t spend enough time thinking about disconfirming evidence, about experiences that run counter to their main existential choices. Here is a brief analysis, one that may speak a little to the issue of why some people are attached to bureaucracies in spite of their libertarian leanings.

Thus write Jacques Delacroix in Liberty magazine. Do read the whole thing. Liberty, by the way, is where I first came across Dr. Delacroix’s writings. I was living in Santa Cruz and I have always had a weird obsession with foreign-sounding libertarians, so when I stumbled across Liberty‘s pages, Dr. Delacroix’s writings were some of the first that I read.

You can find more of Dr. Delacroix’s writings in Liberty‘s publication by checking out the newly-renovated ‘recommendations’ section here on the blog!

What Good Are Mathematical Models for the Science of Economics?

08/25/201208/25/2012 Brandon Christensen Economics, Links econometrics, economic models, mathematics, science

This question comes from co-blogger Warren Gibson’s piece in Econ Journal Watch titled “The Mathematical Romance: An Engineer’s View of Mathematical Economics”:

Mathematics can be very alluring. Professional mathematicians speak frequently of “beauty” and “elegance” in their work. Some say that the central mystery of our universe is its governance by universal mathematical laws. Practitioners of applied math likewise feel special satisfaction when a well-crafted simulation successfully predicts real-world physical behavior.

But while the mathematicians, some of them at least, are explicit about doing math for its own sake, engineers are hired to produce results and economists should be, too. It’s fine if a few specialists labor at the outer mathematical edge of these fields, but the real needs and real satisfactions are to be found in applications.

Western civilization has brought us an explosion of human welfare: prosperity, longevity, education, the arts, and so on. We very much need the wisdom that economists can offer us to help understand and sustain this remarkable record. What good are engineers’ accomplishments in crash simulations if the benefits are denied to the world by trade barriers, stifling regulation, congested highways, or bogus global warming restrictions? What can mathematical economics contribute to such vital issues?

You can read the whole thing here (it’s also in the newly-renovated ‘recommendations’ section). Highly, uh, recommended! Mathematics is an important aspect of economics, I think, but Dr. Gibson and other Austrian critiques are more focused on the models that economists create rather than all of the wonderful data that can be quantified for calculation purposes.

I may be wrong, and I hope that my co-bloggers or others will correct me if I am, but either way Dr. Gibson’s critique of the mathematical models employed in the economics profession needs another good look.

Life Under Fatwa

08/25/201204/06/2015 Brandon Christensen Current Events, History, Links fatwa, foreign policy, globalization, imperialism, neoliberalism, property rights, Salman Rushdie

I did once visit Iran when I was 21 years old, during the time of the shah. It was wonderful. I had just graduated from university, and such was the world at that time, 1968, that I was able to drive with a friend from London to South Asia across the world. I mean, try driving across Iran and Afghanistan now! I remember it being a very cosmopolitan, very cultured society. And it always seemed to me that the arrival of Islamic radicalism in that country, of all countries, was particularly tragic because it was so sophisticated a culture — which is not to defend the shah’s regime, which was appalling. But it was one of the tragedies of history that an appalling regime was replaced by a worse one.

From Salman Rushdie.

At first I found his praise for the Obama administration to be typical of Left-wing establishment figures, but then I remembered that Rushdie is an Indian and had probably had to deal with racist legislation in one form or another while growing up. While the period of colonialism (roughly coinciding with the end of the Napoleonic Wars and the beginning of World War I) did indeed open up more places to markets, the Jim Crow-like legal barriers that European states erected no doubt helped to foster part of the suspicious climate that now pervades most globalization skeptics worldwide.

This is a shame for two reasons: Continue reading →

Around the Web

08/23/201204/06/2015 Brandon Christensen Current Events, Links austerity, citizenism, Deirdre McCloskey, Jadaliyya, MarginalREVOLUTION, Mona Kareem, morality, Tyler Cowen

How savage has European austerity (spending cuts) been?

An Invisible Nation: the Gulf’s Stateless Communities

The Moral Limit of Markets Debunked

Keynesian Obstinate Ignorance

Economic Growth in Europe: the Longer View

08/20/201204/06/2015 Brandon Christensen Current Events, Economics, Links economic development, Europe, Ireland, Kevin Grier, statistics, Tyler Cowen

Economist Tyler Cowen has a post up on who has gained most from the Euro (as measured by state), but the economist Angus puts things into perspective:

Ireland, Spain, Portugal and Greece were all growing fast relative to Germany (and France which is not on the graph) well before the introduction of the Euro. Ireland and Spain take off somewhere around 1990 and the intro of the Euro in 2000 does not speed up their trajectory. Portugal actually falls further behind Germany in the Euro era. Greece is the only country of these 5 whose catch-up to Germany accelerates with the intro of the Euro.

Two quick thoughts:

Woah! Look at Ireland!
I’ll bet the acceleration of growth in the 1960’s had to do with the end of World War 2 and its rebuilding efforts.

Taking a broader historical view really puts things into perspective. If the Euro was not the catalyst for the economic growth of the 1990’s, what was? My guess is that the elimination of tariffs and labor restrictions between European states led to the growth. If the Eurozone had not implemented a central bank I think we wouldn’t be looking at all of the political problems now associated with the region.

Angus (who works at Oklahoma University) got his statistics from here. I highly recommend using it in your own studies as well.

North Dakota or Bust!

08/17/201204/06/2015 Brandon Christensen Current Events, Economics, Links Fred Foldvary, Henry George, land economics, LVT

An excerpt from co-editor Fred Foldvary’s Progress Report:

In theory, productive public goods increase land rent because the supply of land is fixed. There can also be a rise in wages from more public goods, but that would be temporary. If labor becomes more productive in a location, that attracts labor from areas where wages are lower for the same skills. The increase in the labor supply will drive wages back down to normal. But the total supply of land in some region cannot expand, so the increase in rent sticks.

Just as territorial benefits raise land values, costs to landowners reduce the rent they keep, and so capitalize land value down. If the public goods are paid for by public revenue from land rent or site values, then the rise in land values would be limited. If governmental public goods are paid by labor and enterprise, then the rentalization and capitalization are implicit subsidies to landowners, at the expense of taxed labor and enterprise.

Economists have found evidence of the generation of higher land values from greater public goods. We now have an excellent case study: North Dakota.

Read the whole thing here. I’ve never been to North Dakota, but if it’s anything like South Dakota I might be tempted to settle there someday. Just kidding! California is the best state to live in, even with our terrible, fascistic-like government.

I am still having trouble wrapping my head around the concept of land value taxing, though. Someday I’m going to have to spend a couple of days with a copy of Henry George’s Progress and Poverty and see what I can figure out.

Criticizing the Right

08/16/201208/31/2014 Brandon Christensen Current Events, Law, Liberty, Links, Politics conservatism, immigration, privatization

There has been lots of attention on this blog geared towards the hypocrisy of the Left, and I think that it is justified, but all too often we have been giving the Right a pass. I think this has to do with the fact that the Left holds the presidency, but I still think it’s appropriate to remind readers that libertarianism is of neither the Left nor the Right. Philosopher Jason Kuznicki does just this in a brilliant post:

Scrutinize your own side too. Take a hard look at cushy “privatization” deals that really just funnel power and money directly into private corporations’ hands. As a certain liberal recently observed, the way to privatize a prison isn’t to give imprisonment power to a corporation. It’s to stop imprisoning so many people, then sell off the property. About which more below […]

But other restrictions exist. Many of them bite even harder.

Consider immigrants. In particular, if our free market is so great, why do you work so hard to exclude immigrants from it? Is the immigrant laborer less a moral self-fashioner than the Wall Street banker? I wouldn’t say so. He’s clearly at least as motivated. If the immigrant wants to make a life in America — why not let him?

Mr. Ryan recently proclaimed that the United States is the only nation founded on an idea. It’s a common conservative theme, and even if it’s not 100% accurate, I’m certainly sympathetic to it. But we are founded on an idea if and only if our borders remain open to all who share that idea. The moment we start checking for purity of blood, we become a tribalist nation-state just like so many others. Not founded on an idea, but on accidents of birth—and in fact standing squarely against the idea that all people should be the authors of their own lives.

You can read the rest here.

Again, I suspect that much of the vitriol aimed at the Left on this blog (mostly by myself and Dr. Delacroix and something that probably has to do with our previous, sovereign associations with that side of the aisle) is due to the fact that it currently occupies the White House, but it’s nice to remind readers that the Right is very hypocritical as well.

For more on immigration, see Hermanos* and Immigrants: A Story Pregnant with Deep Meaning.

For more on “privatization”, see Who Stole Our Trillions? and An Ominous Expansion of Eminent Domain.

For more criticism of the Right, see Ugly Conservative Sacred Cows and Blissful Ignorance….

McCloskey Review = Leftist Rhetoric in Tatters

08/15/201201/25/2015 Brandon Christensen Current Events, Economics, History, Liberty, Links capitalism, Deirdre McCloskey, left-liberal, Michael Sandel, rhetoric

Deirdre McCloskey has an excellent review of a new book focusing on the immorality of capitalism. An excerpt:

The poor have benefited the most from capitalism. The sheer, first-act, unanalyzed equality that Sandel advocates would have killed the modern world and kept us in the appalling poverty of the human condition down to 1800. In fact in some countries it did, such as India after 1947, under Gandhi-plus-London-School-of-Economics egalitarianism, the “License Raj” and “the Hindu rate of growth,” as the Indians themselves bitterly described their communitarian economy. When I talk to friends who think like Sandel I worry that their dispositions will kill, quite unintentionally, the only chance for the world’s poor to achieve the scope for a full human life.

[…]

Sandel worries properly that the market can crowd out the sacred. A corporate market in, say, instruction in elementary classrooms can crowd out unbiased teaching about capitalism. Yet Sandel does not tell his own classroom that state schools can crowd out unbiased teaching about, say, the environment.

Do read the whole thing. McCloskey is an expert writer and a prestigious scholar, so be sure to grab a cup of coffee before you settle in. (h/t Jason Brennan)

Paul Ryan and Ayn Rand: What’s the Connection?

08/15/201201/25/2015 Brandon Christensen Current Events, Links, Politics Ayn Rand, Democracy In America, Hank Moore, Paul Ryan, the Economist, Will Wilkinson

I will admit up front that the only Ayn Rand novel I’ve read (so far) has been Anthem. I liked it. It reminded me of Brave New World and 1984. A lot of books came out at around the same time as Anthem that had themes of the struggle between totalitarianism and the individual. Recent commentary has focused on Rep. Ryan’s connections with the late, great author, though, and Will Wilkinson does a great job of summing them all up in a post over the Economist. An excerpt:

In practice, arguments like Mr Black’s and Ms Walsh’s tend to come to the silly idea that one’s ideological opponents are duty-bound (by their own lights!) to either unilaterally disarm or shut up. Heads, I win; tails, you lose. It’s a cheap trick. The argument as usually deployed also depends on a combination of lazy partisan Manichaeism and the naive practice of taking politicians at their word. Paul Ryan is an elected official whose views therefore fall squarely within the ambit of conventional political wisdom. Despite his professed admiration for Ayn Rand, and the ardent wishes of his admirers and detractors alike, Mr Ryan is far from a laissez faire radical.

Indeed. Do read the rest of the post here.

What are your thoughts on Ryan as Romney’s VP? Longtime reader Hank has shared his thoughts here. Personally, I agree with Hank and I don’t think the nomination matters all that much, and I share libertarian sentiments that Rep. Ryan is hardly a fiscal conservative, but I am also curious as to what you think.