New issue of Econ Journal Watch is out!

For those of you who don’t already know, Warren is the math reader for EJW and one of NOL‘s co-founders, Fred Foldvary, is an editor for the journal, so this is very much a family affair. Here are some of the articles that caught my eye:

You get what you measure: Daniel Schwekendiek explains how South Korea followed a proven template of incentivizing exports to boost Web of Science publications and raise the rankings of its academic institutions.

Now entering a Republican-free zone: Mitchell Langbert, Anthony J. Quain, and Daniel Klein report on the voter registration of faculty at 40 leading U.S. universities in Economics, History, Journalism, Law, and Psychology.

Whither science in gender sociology? Charlotta Stern investigates whether gender sociologists blinker themselves from scientific findings about sex differences.

How to Do Well by Doing Good! In this 1984 essay, Gordon Tullock counsels young economists that doing well and doing good go together.

You can download and read the whole thing here (pdf).

From the Comments: Why care about Syrians?

Dr Gibson notes:

I’d say the “big question” makes no sense. Surely some Syrians would be better off under ISIS and some under Assad.

And there’s a bigger question: who the hell cares? Few if any of us Americans have enough information to judge this issue nor should we. We have our own fish to fry. The Washington politicians have done incalculable damage with their ceaseless meddling in the affairs of the Middle East and elsewhere. Let the Syrians and their immediate neighbors sort this out.

I wanted to draw this excellent comment out for two reasons. Reason number one has to do with Dr Gibson’s first paragraph. Questions rarely make sense (which is why you ask people for help), but suppose you asked whether Syrians would be better off under capitalism or socialism. Some Syrians would be better off under socialism than capitalism, but that doesn’t mean it’s just as good as capitalism. Right? One of those systems is better for far more people than the other, and as an individual don’t you have a moral duty to support the more just system in some form or other? These are questions that libertarians, especially libertarians in the United States, should be asking themselves more often than not. There is a disturbing tendency among this faction of libertarians to lean in the direction of nationalist parochialism when it comes to matters outside of our borders. This brings me to reason number two for highlighting Dr Gibson’s (quite excellent) comment: Reminding libertarians and classical liberals that our creed is an international (and a humble) one.

War refugees represent the humblest of our species. The UN estimates that the war has affected nearly 12 million Syrians so far and, of course, that doesn’t include all of the people outside of Syria’s borders who have been affected. Russians, Europeans, North Americans, Syria’s immediate neighbors, and East Africans have all been affected by the ongoing war. How could you not be interested, especially from an individualist point of view?

I think the problem of the American libertarian’s parochialist nationalism stems from Murray Rothbard’s Cold War-era writings. Unlike F.A. Hayek and Ludwig von Mises, who were both big supporters of more international cooperation (but who both saw the glaring flaws in organizations like the UN and what is now the EU), Rothbard’s writings on foreign affairs were heavily influenced by the fact that the world was dominated by two superpowers and that the government he lived under used lies and deceit to counter Moscow’s power plays. Rothbard’s world of bi-polar geopolitics is long gone. It doesn’t exist. It will not exist again in my lifetime. Ours is a world of multipolarity. Yet somehow Rothbard’s writings on foreign affairs (which descended into outright incoherence near the end of his life) still have a profound impact on the American libertarian movement.

Much of my work here at NOL is dedicated to eviscerating this long-expired mindset from the American libertarian movement. Isolationism is nationalist, plain and simple (just pay attention to the rhetoric of libertarians like Justin Raimondo or Doug Bandow if you need more convincing), but Warren’s point about Washington’s meddling in the affairs of other states remains pertinent. So perhaps a different question to ask (even if it doesn’t make sense) is what a more internationalist-minded, in the vein of Hayek and Mises and Adam Smith, US foreign policy would look like. (I’ve been asking this question for a while now.)

New issues of Econ Journal Watch, Reason Papers out

Many of you already know that two of NOL‘s Senior Editors are associated with Econ Journal Watch, thus making its publication a family affair. Fred is on the editorial board and Warren is its math reader. Here are some of the highlights I found worth noting in the latest issue:

Eli Heckscher’s Ideological Migration Toward Market Liberalism: Benny Carlson explores the intellectual evolution of a great Swedish economist.

Classical Liberalism in Econ, by Country: Authors from around the world tell us about their country’s culture of political economy, in particular the vitality of liberalism in the original political sense, historically and currently, with special attention to professional economics as practiced in academia, think tanks, and intellectual networks.

New contributions:

Young Back Choi and Yong Yoon: Liberalism in Korea

Pavel Kuchař: Liberalism in Mexican Economic Thought, Past and Present

(All of the papers from this symposium, which has carried across multiple issues of EJW, are collected at this page.)

You can download the whole issue here (pdf).

Dr Khawaja, an Editor-at-Large for Reason Papersreports (2/2/16) on the latest issue over at Policy of Truth:

The latest issue of Reason Papers, vol. 37, number 2 is now out; officially, it’s the Fall 2015 issue, but we only just managed to put it up on the website last night. This link will take you to a monster-size PDF to the whole issue (almost 250 pages). This link will take you to the journal’s Archive page, where you can access individual articles for this or any past issue (you have to scroll down a bit). Finally, this link will take you to three (time sensitive) Calls for Papers issued by the journal’s editors: one on “the philosophy of play” (March 1, 2016); one a fifteen-year retrospective on 9/11 (July 1, 2016); and one an Authors-Meet-Critics symposium on Douglas Den Uyl and Douglas Rasmussen’s forthcoming book The Perfectionist Turn: From Meta-Norms to Meta-Ethics (February 1, 2017).

My own small contribution to Reason Papers can be found here (pdf).

Fretting over Christmas gifts?

Fret no longer! Dr Amburgey smugly reports:

My daughter is a political science major at Queen’s University. She’s putting together her applications for grad school right now [she’s interested in political theory]. Last summer she went to a Libertarian student conference in Montreal [I enthusiastically funded her travel]. At any rate I was doing my annual struggle to come up with good Christmas presents when a visual cue from NOL made the proverbial light bulb light up. She will be tickled when she discovers that Santa Claus gave her a copy of Degrees of Freedom: Liberal Political Philosophy and Ideology by Edwin van de Haar. 😀

I hope I don’t spoil anything here! If political philosophy isn’t your target’s cup of tea, there are plenty of other books by the Notewriters to check out in the book pile to your right (Dr Gibson’s new book comes out in January, but that’s no excuse not to pre-order it now!).

I realize, too, that there’s a way to work with amazon so that when you buy a Notewriter’s book from an NOL account a portion of the money goes back to us (meaning me), or something like that, but I’m lazy and this is a labor of love. Lazy love is the best kind of love.

Happy Holidays.

*The World’s Your Stage* New book by our own Warren Gibson!

The subtitle is How Performing Artists Can Make a Living While Still Doing What They Love.

Here is the link to amazon. You can also find it in the book pile to your right. Hopefully Dr Gibson will be able to blog a bit about the book in the next few weeks or so…

New issue of Econ Journal Watch is out

For those of you just tuning in to NOL, Fred is an editor for the journal, and Warren is its math reader.

Evolution, moral sentiments, and the welfare state: Many now maintain that multilevel selection created a sympathetic species with yearnings for social solidarity. Several evolutionary authors on the political left suggest that collectivist politics is an appropriate way to meet that yearning. Harrison Searles agrees on evolution and human nature, but faults them for neglecting Hayek’s charge of atavism: The modern polity and the ancestral band are worlds apart, rendering collectivist politics inappropriate and misguided. David Sloan Wilson, Robert Kadar, and Steve Roth respond, suggesting that new evolutionary paradigms promise to transcend old ideological categories.

Evidence of no problem, or a problem of no evidence? In 2009, Laura Langbein and Mark Yost published an empirical study of the relationship between same-sex marriage and social outcomes. Here Douglas Allen and Joseph Price replicate their investigation, insisting that conceptual problems and a lack of empirical power undermine any claim of evidence on outcomes. Langbein and Yost reply.

The progress of replication in economics: Maren Duvendack, Richard W. Palmer-Jones, and W. Robert Reed investigate all Web of Science-indexed economics journals with regard to matters concerning replication of research, including provision of the data and code necessary to make articles replicable and editorial openness to publishing replication studies. They explain the value of replication as well as the challenges, describe its history in economics, and report the results of their investigation, which included corresponding with journal editors.

A Beginner’s Guide to Esoteric Reading: Arthur Melzer describes techniques and devices used in esoteric writing.

Classical Liberalism in Econ, by Country (Part I): Authors from around the world tell us about their country’s culture of political economy, in particular the vitality of liberalism in the original political sense, historically and currently, with special attention to professional economics as practiced in academia, think tanks, and intellectual networks.

Chris Berg: Classical Liberalism in Australian Economics

Fernando Hernández Fradejas: Liberal Economics in Spain

Mateusz Machaj: Liberal Economics in Poland

Patrick Mardini: The Endangered Classical Liberal Tradition in Lebanon: A General Description and Survey Results

Miroslav Prokopijević and Slaviša Tasić: Classical Liberal Economics in the Ex-Yugoslav Nations

Josef Šíma and Tomáš Nikodým: Classical Liberalism in the Czech Republic

All the links are pdfs. The website is here.

A Humble Creed

I’m talking about substance, not style. Regrettably, someone could display arrogance while insisting that neither he nor anyone else could possibly know enough to plan other people’s lives. However off-putting that style, it does not change the fact that the position embodies a fundamental humility. There are inherent limits to any individual’s knowledge, and therefore government social engineering, which requires the use of aggressive force, must fail.

To put it succinctly, libertarianism has humility baked in at the most fundamental level.

Humility is not to be conflated with radical doubt, however. One can be humble while also believing it is possible to know things. And some things, including the nature and market implications of human action, can be known conceptually. One can know, for example, that intelligently planning an economy or even a particular market is beyond anyone’s, including one’s own, capacities.

This is from the one and only Sheldon Richman, writing for the FFF. Check out the rest. (h/t Warren G)

NOL‘s own tagline, “Spontaneous thoughts on a humble creed,” comes from this same recognition. I first came across the argument that libertarianism is a “humble creed” in F.A. Hayek’s The Constitution of Liberty. Hayek’s simple but hard-to-see point was what sold me on libertarianism actually.