- The United States signed at least 29 treaties between 1789 and 1815 Rachel Herrmann, Age of Revolutions
- A glimpse of another kind of economy Nick Nielsen, Grand Strategy Annex
- The world after Covid-19 Branko Milanovic, globalinequality
- Old Christian icons in communist Bulgaria Terry Orr, Not Even Past
Recently, a former classmate badgered me into accompanying her on a run to the supermarket. As we were checking out, I, as a person who is very dedicated to the principle of self-interest, used a handful of coupons and a discount card to lower my final tally. My companion had a judgmental reaction to the proceedings: she gave me to understand that she never sought discounts or used coupons because to do so was beneath her station. Oddly, she could see no connection between her attitude and her continuous complaints about being short on funds. It was only much later that I connected her attitude at the cash register with her frequent monologues about a “broken society,” a slight fixation on “inequality,” and an overweening sense of entitlement.
In 1971, NBC produced a sitcom called The Good Life, not to be confused with the British series of the same name. The American series was unsuccessful, in comparison to its competition, and it was canceled after fifteen episodes. I have never seen the show as NBC has never rerun it or provided a home release of it. I first heard of The Good Life in a book, whose title I have regrettably forgotten (for a long time I thought the book was Greg Easterbrook’s The Progress Paradox but now I can’t find any allusion to the tv show in Easterbrook’s book.). The author of the forgotten book alluded to The Good Life as a watershed moment in tv history with its portrayal of the so-called super-rich – the one bit I remember was that the book described the show as “the most luxurious show [in terms of portrayal of lifestyle]” and connected the show to a sudden increase in a broad sense of entitled victimhood throughout society. The Good Life was also, apparently, part of creating the environment conducive for the success of the soap opera Dallas (1978 – 1991).
The plot behind The Good Life is that a middle-class couple become exhausted with the pressures of suburban life and maintaining a lifestyle that’s beyond their means. Consequently, the pair decide to scam their way into the household of an industrialist multimillionaire by disguising themselves as a butler and housekeeper. The theme which (apparently) underlay the show was the idea that there is a class of people who live extravagant, exotic lives (the proverbial good life) and therefore can afford to support some sponging malcontents.
When researching the show, one thing that struck me about it was how prescient it was in terms of foretelling some of the themes which are present in our current socio-political discourse. The two con-artists are reasonably successful college graduates who believe that society promised them the good life as a reward for going to college and having careers; however, when the pair see the lifestyle shown in glossy magazines – mansions, tennis courts, Rolls-Royce cars – the couple feels that society has reneged on its promise. The logic of the show’s premise is that the couple has been pushed by society – that wicked, amorphous “they” – toward a life of deception because there is no other path to riches open to them.
LitHub ran an article titled “How the well-educated and downwardly mobile found socialism.” The article isn’t worth reading, but the title touches on what began as the fictional premise of The Good Life and has become a full blown, ideologically fraught, issue today. What happens when perception of status is overblown and there is no sense of timeframe to temper expectations?
Thinking of the popularity of AOC or Andrew Yang and the manner in which they have successfully tapped into the tropes of “unjust society” of “inequality,” the modern millennial (my own generation) seems to have embraced the premise of The Good Life. The tv show contained a very subtle, and completely subversive, inversion of the moral order: because “society’s promises” were broken, the dishonesty of the protagonists was not immoral. The extension of such reasoning is that the industrialist was obligated to support the swindlers anyway due to his greater wealth.
Capx just ran a terrific article by Jethro Elsden, “Jane Austen, the accidental economist,” in response to the new film version of Emma. One of the interesting tidbits the author found was that in modern terms, Mr Darcy’s £10,000 per annum income is probably equivalent to £60 million today, which would make his wealth around £3 billion. Even then Elizabeth Darcy had to “make small economies” once she decided to support her sponging sister and feckless brother-in-law. Granted the economies might have been the result of not telling her husband, but still the point remains that no one can long support spongers.
Elsden alluded to the logic of social pressure and the malignant effect it had on Austen’s characters who feel compelled to engage in an “arms race.” A major reason the swindlers of The Good Life turn to dishonesty is that they feel pressured to look like successful suburban college graduates. The problem was that in the case of Austen’s characters and the tv show from 154 years later, the definition of “success” in relation to appearances was fungible. Rationally, it is ridiculous for the youngish couple of The Good Life to be in same place financially and socially as their mark, the middle-aged, widower industrialist whose lifestyle (but not work ethic) they covet.
To return, finally, to the anecdote regarding my shopping expedition, the episode is an example of a type of path that begins with frivolous preconceptions and ends with The Good Life on the comic end and the rise of Andrew Yang, Bernie Sanders, or Elizabeth Warren on the other. These politicians have located a demographic which has no sense of progression of time, stages of development, or realistic expectations. A perfect example is my ex-classmate, who has subjected herself to a fantasy regarding her own realistic expectation and now believes that the social contract has been broken. For such a demographic, the emotional trumps the rational. It is easier to believe themselves wronged than as merely victims of their own imaginations.
- Slavery and Anglo-American capitalism Gavin Wright, The Long Run
- How the law creates both wealth and inequality Adam Tooze, NYRB
- On immigration, Democrats should listen to Gorsuch Ian Millhiser, Vox
- Separatists arrested for fraud in Indonesia Arya Dipa, Jakarta Post
In article for Worth, titled “A new wealth gap is growing – attention inequality,” authors Joon Yun and Eric Yun of the Yun Family Foundation, an institute dedicated to “transforming the way people think,” argued that “attention inequality” is having a destructive force on society and expressed nostalgia for the days of “monoculture.” They defined this idyllic time as one where all attention was focused on one or two people or groups, e.g. the Beatles, and on no one else. The idea expressed by the Yuns is that the new internet world where everyone may take his best shot at fame is unfair, and a veil that should not have been lifted has been removed. In the meantime, everyone, described as “the heart-broken masses,” wanders through the selection at will, as customers as well as fame-seekers. The Yuns’ complaint is very similar to a running theme in the works of Michel Houellebecq: the free market of choice has created winners and losers and in doing so has destroyed the dreams and self-respect of the last group.
Perhaps the question is whether existing in a world of dreams, one in which a person could feel good about himself using the “might have been” fantasy, is an acceptable burden to thrust upon society. After all, in his short story “The secret life of Walter Mitty [which the Ben Stiller film butchered],” satirist James Thurber’s point was that living in dreams replaces action, allowing people to imagine themselves as people filled with unrecognized abilities. Even Thurber’s picture of the type for whom such an existence is necessary was probably accurate: a passive middle-aged man who had missed opportunities in his youth (implied WWII vet, so both chances to be a military hero and cash in benefits to start a business, further education, etc.) and resents his wife as the cause and the personification of the mediocrity of his existence.
But are we better off with the veil of mediocre monoculture lifted? Is the fact that revelation may not be pleasant for those who discover that they are unappealing to the modern market really a justifiable cause for concern? Is the old world of “monoculture” really something to look back upon with nostalgia?
My former composition and counterpoint teacher was also a concert pianist, who trained at The Juilliard School. While still a student my teacher was signed by a major record label. One of the tidbits I learned from him was that back in “those days (mid-20th century)” practically the only way a young (classical) artist had of obtaining notice was to be at an elite conservatory since that is where the scouts went almost exclusively.
The MO for finding the “latest new thing” made perfect sense for the time period. There was (and still is) a tremendous amount of investment on the part of the label that went into publicity for and grooming of a young artist. Further, in my teacher’s case, the label handled studio and recording expenses, created and booked concert tours, and handled venue costs. The artist did not have to repay the funding; however, total expenses would be deducted from any royalties should he/she become successful. The investment risk meant that going to places where the already-succeeding were clustered was the safest bet for the big labels. There was very little room in the equation for a person who was not already positioned to join the upper professional echelons, or someone who had no insider access.
Was a situation where the major labels acted as gatekeepers and only considered people who fit a certain profile really better than the current one where the internet and digital tools allow artists to perform directly to the audience? The nostalgia for a time of “monoculture” speaks to a yearning for a closed, stratified world. The world where my teacher grew up and worked was a world in which someone with big dreams could imagine himself as simply undiscovered, an unrecognized talent whose gifts would never benefit society. There is some security, a perverse comfort, in such a dynamic. A person never has to confront the idea that maybe he has no talent, maybe his music is not good enough, maybe what he does is something no one finds interesting, perhaps there is no market for him to fill.
The breakup of the “monoculture” has forced average Joe dreamer to confront these possibilities. Instead of only playing and dreaming in his garage, he can now release his own albums on iTunes and Prime Music, upload videos to YouTube and Daily Motion; he can have his own website and create his own publicity. He can wait to see if his work is accepted and if there is an audience for it. The Yun family has argued that the process of exposure and competition is cruel, that it breaks up human contact, that it consigns the vast majority who desire to be part of the “culture” to being part of the “heartbroken masses.” But the real question is: How is average Joe dreamer any better off under the old system? Isn’t a situation in which he at least has a chance to be seen, to make it big, better than one in which he is simply locked out?
It’s been a heck of a year. Thanks for plugging along with Notes On Liberty. Like the world around me, NOL keeps getting better and better. Traffic in 2019 came from all over the place, but the usual suspects didn’t disappoint: the United States, United Kingdom, Canada, India, and Australia (in that order) supplied the most readers, again.
As far as most popular posts, I’ll list the top 10 below, but such a list doesn’t do justice to NOL and the Notewriters’ contribution to the Great Conversation, nor will the list reflect the fact that some of NOL‘s classic pieces from years ago were also popular again.
Nick’s “One weird old tax could slash wealth inequality (NIMBYs, don’t click!)” was in the top ten for most of this year, and his posts on John Rawls, The Joker film, Dominic Cummings, and the UK’s pornographer & puritan coalition are all worth reading again (and again). The Financial Times, RealClearPolicy, 3 Quarks Daily, and RealClearWorld all featured Nick’s stuff throughout 2019.
Joakim had a banner year at NOL, and four of his posts made the top 10. He got love from the left, right, and everything in between this year. “Elite Anxiety: Paul Collier’s ‘Future of Capitalism’” (#9), “In Defense of Not Having a Clue” (#8), and “You’re Not Worth My Time” (#7) all caused havoc on the internet and in coffee shops around the world. Joakim’s piece on Mr Darcy from Pride and Prejudice (#2) broke – no shattered – NOL‘s records. Aside from shattering NOL‘s records, Joakim also had excellent stuff on financial history, Richard Davies, and Nassim Taleb. He is also beginning to bud as a cultural commentator, too, as you can probably tell from his sporadic notes on opinions. Joakim wants a more rational, more internationalist, and more skeptical world to live in. He’s doing everything he can to make that happen. And don’t forget this one: “Economists, Economic History, and Theory.”
Tridivesh had an excellent third year at NOL. His most popular piece was “Italy and the Belt and Road Initiative,” and most of his other notes have been featured on RealClearWorld‘s front page. Tridivesh has also been working with me behind the scenes to unveil a new feature at NOL in 2020, and I couldn’t be more humbled about working with him.
Bill had a slower year here at NOL, as he’s been working in the real world, but he still managed to put out some bangers. “Epistemological anarchism to anarchism” kicked off a Feyerabendian buzz at NOL, and he put together well-argued pieces on psychedelics, abortion, and the alt-right. His short 2017 note on left-libertarianism has quietly become a NOL classic.
Mary had a phenomenal year at NOL, which was capped off with some love from RealClearPolicy for her “Contempt for Capitalism” piece. She kicked off the year with a sharp piece on semiotics in national dialogue, before then producing a four-part essay on bourgeois culture. Mary also savaged privileged hypocrisy and took a cultural tour through the early 20th century. Oh, and she did all this while doing doctoral work at Oxford. I can’t wait to see what she comes up with in 2020.
Aris’ debut year at NOL was phenomenal. Reread “Rawls, Antigone and the tragic irony of norms” and you’ll know what I’m talking about. I am looking forward to Dr Trantidis’ first full year at NOL in 2020.
Rick continues to be my favorite blogger. His pieces on pollution taxes (here and here) stirred up the libertarian faithful, and he is at his Niskanenian best on bullshit jobs and property rights. His notes on Paul Feyerabend, which I hope he’ll continue throughout 2020, were the centerpiece of NOL‘s spontaneity this year.
Vincent only had two posts at NOL in 2019, but boy were they good: “Interwar US inequality data are deeply flawed” and “Not all GDP measurement errors are greater than zero!” Dr Geloso focused most of his time on publishing academic work.
Alexander instituted the “Sunday Poetry” series at NOL this year and I couldn’t be happier about it. I look forward to reading NOL every day, but especially on Sundays now thanks to his new series. Alex also put out the popular essay “Libertarianism and Neoliberalism – A difference that matters?” (#10), which I suspect will one day grow to be a classic. That wasn’t all. Alex was the author of a number of my personal faves at NOL this year, including pieces about the Austro-Hungarian Empire, constructivism in international relations (part 1 and part 2), and some of the more difficult challenges facing diplomacy today.
Edwin ground out a number of posts in 2019 and, true to character, they challenged orthodoxy and widely-held (by libertarians) opinions. He said “no” to military intervention in Venezuela, though not for the reasons you may think, and that free immigration cannot be classified as a right under classical liberalism. He also poured cold water on Hong Kong’s protests and recommended some good reads on various topics (namely, Robert Nozick and The Troubles). Edwin has several essays on liberalism at NOL that are now bona fide classics.
Federico produced a number of longform essays this year, including “Institutions, Machines, and Complex Orders” and “Three Lessons on Institutions and Incentives” (the latter went on to be featured in the Financial Times and led to at least one formal talk on the subject in Buenos Aires). He also contributed to NOL‘s longstanding position as a bulwark against libertarian dogma with “There is no such thing as a sunk cost fallacy.”
Jacques had a number of hits this year, including “Poverty Under Democratic Socialism” and “Mass shootings in perspective.” His notes on the problems with higher education, aka the university system, also garnered plenty of eyeballs.
Michelangelo, Lode, Zak, and Shree were all working on their PhDs this year, so we didn’t hear from them much, if at all. Hopefully, 2020 will give them a bit more freedom to expand their thoughts. Lucas was not able to contribute anything this year either, but I am confident that 2020 will be the year he reenters the public fray.
Mark spent the year promoting his new book (co-authored by Noel Johnson) Persecution & Toleration. Out of this work arose one of the more popular posts at NOL earlier in the year: “The Institutional Foundations of Antisemitism.” Hopefully Mark will have a little less on his plate in 2020, so he can hang out at NOL more often.
Derrill’s “Romance Econometrics” generated buzz in the left-wing econ blogosphere, and his “Watson my mind today” series began to take flight in 2019. Dr Watson is a true teacher, and I am hoping 2020 is the year he can start dedicating more time to the NOL project, first with his “Watson my mind today” series and second with more insights into thinking like an economist.
Kevin’s “Hyperinflation and trust in ancient Rome” (#6) took the internet by storm, and his 2017 posts on paradoxical geniuses and the deleted slavery clause in the US constitution both received renewed and much deserved interest. But it was his “The Myth of the Nazi War Machine” (#1) that catapulted NOL into its best year yet. I have no idea what Kevin will write about in 2020, but I do know that it’ll be great stuff.
Bruno, one of NOL’s most consistent bloggers and one of its two representatives from Brazil, did not disappoint. His “Liberalism in International Relations” did exceptionally well, as did his post on the differences between conservatives, liberals, and libertarians. Bruno also pitched in on Brazilian politics and Christianity as a global and political phenomenon. His postmodernism posts from years past continue to do well.
Andrei, after several years of gentle prodding, finally got on the board at NOL and his thoughts on Foucault and his libertarian temptation late in life (#5) did much better than predicted. I am hoping to get him more involved in 2020. You can do your part by engaging him in the ‘comments’ threads.
Chhay Lin kept us all abreast of the situation in Hong Kong this year. Ash honed in on housing economics, Barry chimed in on EU elections, and Adrián teased us all in January with his “Selective Moral Argumentation.” Hopefully these four can find a way to fire on all cylinders at NOL in 2020, because they have a lot of cool stuff on their minds (including, but not limited to, bitcoin, language, elections in dictatorships, literature, and YIMBYism).
Ethan crushed it this year, with most of his posts ending up on the front page of RealClearPolicy. More importantly, though, was his commitment to the Tocquevillian idea that lawyers are responsible for education in democratic societies. For that, I am grateful, and I hope he can continue the pace he set during the first half of the year. His most popular piece, by the way, was “Spaghetti Monsters and Free Exercise.” Read it again!
I had a good year here, too. My pieces on federation (#3) and American literature (#4) did waaaaaay better than expected, and my nightcaps continue to pick up readers and push the conversation. I launched the “Be Our Guest” feature here at NOL, too, and it has been a mild success.
Thank you, readers, for a great 2019 and I hope you stick around for what’s in store during 2020. It might be good, it might be bad, and it might be ugly, but isn’t that what spontaneous thoughts on a humble creed are all about? Keep leaving comments, too. The conversation can’t move (forward or backward) without your voice.