Showing posts with label sowell. Show all posts
Showing posts with label sowell. Show all posts

Tuesday, June 30, 2020

Happy 90th birthday to Thomas Sowell!

Here are some thought-provoking quotes by the celebrated economist and writer Thomas Sowell, who turns 90 today.

The capacity to grasp and manipulate complex ideas is enough to define intellect but not enough to encompass intelligence, which involves combining intellect with judgment and care in selecting relevant explanatory factors and in establishing empirical tests of any theory that emerges. Intelligence minus judgment equals intellect. Wisdom is the rarest quality of all — the ability to combine intellect, knowledge, experience, and judgment in a way to produce a coherent understanding.... Wisdom requires self-discipline and an understanding of the realities of the world, including the limitations of one’s own experience and of reason itself. The opposite of intellect is dullness or slowness, but the opposite of wisdom is foolishness, which is far more dangerous.
— Intellectuals and Society (pg. 2)

Some things are believed because they are demonstrably true. But many other things are believed because they are consistent with a widely held vision of the world — and this vision is accepted as a substitute for facts. Subjecting beliefs to the test of hard facts is especially important when it comes to economic beliefs because economic realities are inescapable limitations on millions of people's lives, so that policies based on fallacies can be devastating in their impacts. Conversely, seeing through those fallacies can open up many unsuspected opportunities for a better life for millions of people.…

Fallacies are not simply crazy ideas. They are usually both plausible and logical — but with something missing. Their plausibility gains them political support. Only after that political support is strong enough to cause fallacious ideas to become government policies and programs are the missing or ignored factors likely to lead to "unintended consequences," a phrase often heard in the wake of economic or social policy disasters. Another phrase often heard in the wake of these disasters is, "It seemed like a good idea at the time." That is why it pays to look deeper into things that look good on the surface at the moment.
— Economic Facts and Fallacies (pg. vii, 1)

The fact that so many successful politicians are such shameless liars is not only a reflection on them, it is also a reflection on us. When the people want the impossible, only liars can satisfy them, and only in the short run.
— May 22, 2012 article

How do you tell morality from sanctimoniousness? For one thing, morality is hard and sanctimoniousness is easy.... Morality means being hard on yourself. Sanctimoniousness means being easy on yourself — and hard on others....

Sometimes we can make a moral judgement about behavior, without being able to make a moral judgement about individual merit. I can say that drinking yourself into the gutter is not moral behavior. But it so happens that my body has a low tolerance for alcohol. It takes less alcohol to make me sick than it would take to make me drunk. Nature has made it almost impossible for me to become an alcoholic, without any moral virtue on my part. So, when I walk past a drunk lying in the gutter, I have no basis for being sanctimonious. How do I know that, if my body's tolerance for alcohol were greater, I might be lying there in the gutter and he might be walking past me under his own power?

Morally, it is still wrong to drink yourself into the gutter, no matter who does it. But this is one of many areas in which those who behave better may do so because of fortunate circumstances, which they did not create. They may be justified in saying, "There, but for the grace of God, go I." What they are not justified in doing is bending the rules to favor those whose behavior is a threat to themselves and society. It is right to try to help others raise themselves to a higher standard, but wrong to bring the standard down to where they are.
— "Morality vs. Sanctimoniousness" (speech)

After my 85th birthday ... I looked back over my life and was surprised to discover in how many different ways I had been lucky, in addition to some other ways in which I was unlucky.

Among the things I did not know at the time was that I was adopted as an infant into a family with four adults, in which I was the only child.

All sorts of research since then has shown how the amount of attention and interactions with adults a child gets has a lot to do with the way the child develops....

It was decades later, when I had a son of my own, that I asked one of the surviving members of the family how old I was when I first started to walk. She said, “Oh, Tommy, nobody knows when you could walk. Somebody was always carrying you.” ...

Although I was raised by people with very little education, they were people who wanted me to get an education. They praised my every little accomplishment when I was very young, and I was taught to read by the time I was four years old, taught by someone with only a few years of schooling herself.

Years later, when I was promoted to the seventh grade, I was surprised by what a commotion it caused. Then I was told: “You have now gone further than any of us.”
— July 8, 2015 article



(Photo of Sowell in 2018 from the Hoover Institution/YouTube via National Review.)

Thursday, June 13, 2019

If you want better politicians, pay them more

When Alexandria Ocasio-Cortez agrees with Thomas Sowell, maybe they’re worth taking seriously.

I agree with Rep. Ocasio-Cortez, a self-proclaimed democratic socialist, that members of Congress should get cost-of-living salary increases.

Of course the salary for members of Congress ($174,000 for most of them) is more than most people in the country make, but it’s surprisingly low for someone with such an important job, who’s raising a family in an expensive city, and could probably be making more elsewhere. That’s not the kind of salary that lets them get rich off government; that’s a sacrifice for public service.

And I agree with Sowell, a conservative economist who rarely calls for any expansion of government, but who argued in 2014 that raises for members of Congress (and other government officials) would improve government at a tiny cost:

What do we do when we want a more upscale product — a better house or car for example? We pay more to get it!

If we want better people in government, we are going to have to start paying them enough that people would not be sacrificing their families' well-being by going to Washington or a state capitol, or serving as a judge.

It is not a question of whether the people currently serving in Congress, the courts or as chief executives at the municipal, state or national level deserve a raise. Most of them don't. It is a question of whether we need far better replacements for them.

That means drawing from a wider pool, including people with real knowledge and expertise in the private sector, who currently make a lot more money than we are paying government officials. Cheap politicians turn out to be very expensive politicians, in the way they waste money, even if they are not stealing it.

We could pay every member of Congress a million dollars a year — for a whole century — for less than it costs to run the Department of Agriculture for one year.

The least we can do is make it harder to bribe them. Trying to bribe a millionaire would at least be harder than bribing some government official with a modest salary and a couple of kids going to expensive colleges.

Monday, July 13, 2015

Happy belated 85th birthday to Thomas Sowell

The economist Thomas Sowell reflects on his 85 years. An excerpt:

After my 85th birthday last week, I looked back over my life and was surprised to discover in how many different ways I had been lucky, in addition to some other ways in which I was unlucky.

Among the things I did not know at the time was that I was adopted as an infant into a family with four adults, in which I was the only child.

All sorts of research since then has shown how the amount of attention and interactions with adults a child gets has a lot to do with the way the child develops. But of course I knew nothing about such things back then.

It was decades later, when I had a son of my own, that I asked one of the surviving members of the family how old I was when I first started to walk. She said, “Oh, Tommy, nobody knows when you could walk. Somebody was always carrying you.” . . .

Although I was raised by people with very little education, they were people who wanted me to get an education. They praised my every little accomplishment when I was very young, and I was taught to read by the time I was four years old, taught by someone with only a few years of schooling herself.

Years later, when I was promoted to the seventh grade, I was surprised by what a commotion it caused. Then I was told: “You have now gone further than any of us.” You don’t need a Ph.D. to help your child get an education. . . .

Not everything was wonderful in my family or in the world where I grew up in Harlem. But, as I learned from later research, the homicide rate in New York when I was growing up was lower than it had been in the years before, and much lower than it would be in the years afterward.

I cannot recall ever hearing a gunshot, or even having to think about gunshots when I slept out on the fire escape on hot summer nights.

The New York City schools were among the best in the country in those days, better than they had been for the European immigrants before me and much better than they would be for the mass influx of blacks from the South after me.

As for bad luck, there were years of that, too. But I learned a lot from that bad luck, so I am not sure that it was all bad luck in the long run. And 85 years is a very long run.

Tuesday, March 3, 2015

Thomas Sowell on vaccines

Sowell, the libertarian/conservative economist who's deeply skeptical of most government regulation, writes:

[T]he “evidence” on which the original claim that vaccines caused autism was based was just twelve children. But the campaign to convince the public was a masterpiece of propaganda.

The storyline was that pharmaceutical companies who produced the vaccine were callously risking and sacrificing helpless children in pursuit of profit. This is the kind of dramatic stuff the media love. It never seemed to occur to the media that lawyers who were suing pharmaceutical companies had a vested interest in this storyline that the media fed on to the public.

Unfortunately, it takes time to run careful scientific studies, involving vast numbers of children in different countries. That allowed the propaganda against vaccines to go on for years. Eventually, however, the results of the studies so completely discredited the claim that the measles vaccine caused autism that the medical journal which had published the article publicly repudiated it. The doctor who wrote the article had his license revoked. By this time, however, there was a whole anti-vaccine movement, and crusading movements are seldom stopped by facts. . . .

Some say the decision to vaccinate or not should be the parents’ choice. That would be fine if their child would live isolated from other children. But that is impossible.

Wednesday, May 22, 2013

"Bouncing ball politics"

What's bouncing ball politics? Thomas Sowell explains this brilliant metaphor:

If you are driving along and suddenly see a big red rubber ball come bouncing out into the street, you might want to put your foot on the brake pedal, because a small child may well come running out into the street after it.

We all understand that an inexperienced young child who has his mind fixed on one thing may ignore other things that are too dangerous to be ignored. Unfortunately, too much of what is said and done in politics is based on the same tunnel vision pursuit of some "good thing," in utter disregard of the repercussions.

For years, home ownership was a big "good thing" among both liberal Democrats like Congressman Barney Frank and Senator Christopher Dodd, on the one hand, and moderate Republicans like President George W. Bush on the other hand.

Raising the rate of home ownership was the big red bouncing ball that they pursued out into the street, in utter disregard of the dangers.

A political myth has been created that no one warned of those dangers. But among the many who did warn were yours truly in 2005, Fortune and Barron's magazines in 2004 and Britain's The Economist magazine in 2003. Warnings specifically about the dangerous roles of Fannie Mae and Freddie Mac were made by Federal Reserve Chairman Alan Greenspan in 2005 and by Secretary of the Treasury John W. Snow in 2003.

Many, if not most, of the children who go running out into the street in pursuit of their bouncing ball may have been warned against this by their parents. But neither small children nor politicians always heed warnings.

Politicians are of course more articulate than small children, so the pols are able to not only disregard warnings but ridicule them. That was what was done by Congressman Barney Frank and Senator Christopher Dodd, among many other politicians who made the pursuit of higher home ownership rates the holy grail.

In pursuit of those higher home ownership rates, especially among low-income people and minorities, the many vast powers of the federal government -- from the Federal Reserve to bank regulatory agencies and even the Department of Justice, which issued threats of anti-discrimination lawsuits -- were used to force banks and other lenders to lower their standards for making mortgage loans.

Lower lending standards of course meant higher risks of default. But these risks -- and the chain reactions throughout the whole financial system -- were like the traffic ignored by a small child dashing out into the street in pursuit of their bouncing ball. The whole economy got hit when the housing boom became a housing bust, and we are still trying to recover, years later.

Tuesday, November 27, 2012

Warren Buffett's weird editorial on capital gains taxes

Normally, you'd expect a columnist who's claiming that a tax isn't going to have any deterrent effect to have to make an argument for why not. But when Warren Buffett writes an editorial for the New York Times, it seems to be good enough for him to say, in effect: Trust me, I'm rich!

Buffett wrote a similar NYT editorial last year.

Thomas Sowell has made the case for keeping capital gains taxes much lower than income taxes. Even the left-leaning Matthew Yglesias has supported that position, saying:

[T]his is definitely an issue where the conservative position is in line with what most experts think is the right course, and Democrats are outside the mainstream.
Maybe Sowell and Yglesias are wrong. But if they're wrong, there must be some reason why, and the reason isn't that Warren Buffett has more money than them.

Should we be so trusting of the super-rich in making claims about taxes? Or could it be that a multibillionaire like Buffett, who has a lifetime guarantee of  having more wealth than he could possibly spend, might be out of touch with the kinds of incentive effects that apply to most people?

Monday, October 8, 2012

A one-million-dollar salary for the president, members of Congress, and federal judges

You might not have expected to see the conservative/libertarian Thomas Sowell supporting that idea. But his argument isn't necessarily inconsistent with his ideology:

Any successful engineer, surgeon, or financier would have to take a big pay cut to serve in Congress. A top student from a top law school can get a starting salary that is more than we pay a Supreme Court justice.

No doubt many, if not most, government officials are already paid more than they are worth. But the whole point of higher pay is to get better people to replace them.

We may say that we want people in Congress, the courts or the White House who have some serious knowledge and experience in the real world, not just glib tricksters who know how to pander for votes. But we don't put our money where our mouth is.

Let's face it. You're not likely to get a good suit of clothes at a flea market. And you're not likely to get the cream of the crop to go into the government when they would have to accept a big drop in income to do so. . . .

There will . . . always be some people who are willing to sacrifice their family's economic security and standard of living, in order to get their hands on the levers of power.

These are precisely the kinds of people whom it is dangerous to have holding the levers of power.

Can we afford to pay members of Congress, the President of the United States, and federal judges the kinds of money that would enable us to tap a far wider pool of far more knowledgeable people with successful real world experience? We can't afford not to. . . .

To get some idea of the cost, ask yourself: How much would it cost to pay every member of Congress, the president, and every federal judge a million dollars a year?

There are 535 members of Congress, so a salary of a million dollars a year would cost $535 million, or just over half a billion dollars. There are 188 federal appellate judges and one President of the United States. That's 189 more people, bringing the total number of people to 724, and the total cost to $724 million, at a time when people in Washington are talking trillions.

That is less than one percent of the annual cost of the Department of Agriculture. Put differently, we could pay all of these 724 officials a million dollars a year each -- for an entire century -- for less than it costs to run the Department of Agriculture for one year.

If we limited how long any given individual could hold office in the government -- preferably one term -- we could have highly knowledgeable people with real world experience in charge of taking care of the nation's business, instead of spending their time doing things to get reelected.

They would be a lot harder for special interests to bribe with campaign contributions, when high officials would face no more campaigns after getting elected. We don't need career politicians. . . .

Is all this a realistic prospect in the world today? Of course not! What is the most realistic prospect today is the status quo today.

But the New Deal was not a realistic prospect three years before Franklin D. Roosevelt took office. It was not a realistic prospect in 1775 that the American colonies would become an independent nation a year later. The whole point of discussing new ideas is to get people thinking about them, so that they might become realistic prospects in the future.

Tuesday, August 28, 2012

Thomas Sowell on the need to end Medicare as we know it

Sowell writes:

There are people who take seriously such statements as those by President Barack Obama that Republicans want to "end Medicare as we know it."

Let's stop and think, if only for the novelty of it. If you make any change in anything, you are ending it "as we know it." Does that mean that everything in the status quo should be considered to be set in concrete forever?

If there were not a single Republican, or none who got elected to any office, arithmetic would still end "Medicare as we know it," for the simple reason that the money in the till is not enough to keep paying for it. The same is true of Social Security. . . .

We are not yet Greece, but we are not exempt from the same rules of arithmetic that eventually caught up with Greece. We just have a little more time. The only question is whether we will use that time to make politically difficult changes or whether we will just kick the can down the road, and keep pretending that "Medicare as we know it" would continue on indefinitely, if it were not for people who just want to be mean to the elderly.

In both Europe and America, there are many people who get angry at those who tell them the truth that the money is just not there to sustain huge welfare state programs indefinitely. But that anger might be better directed at those who lied to them by promising them benefits that were inherently unsustainable.

Thursday, August 9, 2012

Thomas Sowell on wishful thinking

"Wishful thinking is not idealism. It is self-indulgence at best and self-exaltation at worst. In either case, it is usually at the expense of others. In other words, it is the opposite of idealism."

Thursday, August 2, 2012

Tyler Cowen on Paul Krugman

"Paul Krugman is a great economist. But of all the people in my RSS feed, in terms of his quality and skill as a reader, he is not in the top 90 percent."

That's how Tyler Cowen concludes a reply to Krugman in their debate on income mobility.

(Here's Cowen's original post with 7 interesting points on income mobility, including speculation about why it's higher in Europe than in the US, and here's Krugman's response suggesting that Cowen's post is "anti-American.")

One of Cowen's co-bloggers, Alex Tabarrok, also defends Cowen. He gives three elegant hypotheticals which lead him to conclude that "economic mobility measures are overrated. What we should care about is growth." Whether or not you're not predisposed to agree with that view, I recommend clicking the link and considering Tabarrok's hypos.

Relatedly, here's a column by Thomas Sowell on income mobility. Excerpt:

All sorts of statements are made in politics and in the media as if that top 1 percent is an enduring class of people, rather than an ever-changing collection of individuals who have a spike in their income in a particular year for one reason or another. Turnover in other income brackets is also substantial.

There is nothing mysterious about this. Most people start out at the bottom, in entry-level jobs, and their incomes rise over time as they acquire more skills and experience.

Politicians and media talking heads love to refer to people who are in the bottom 20 percent in income in a given year as “the poor.” But, following the same individuals for 10 or 15 years usually shows the great majority of those individuals moving into higher income brackets.

The number who reach the top 20 percent greatly exceeds the number still stuck in the bottom 20 percent over the years. But such mundane facts cannot compete for attention with the moral melodramas conjured up by politicians and the media when they discuss “the rich” and “the poor.”

There are people who are genuinely rich and genuinely poor, in the sense of having very high or very low incomes for most, if not all, of their lives. But “the rich” and “the poor” in this sense are unlikely to add up to even 10 percent of the population.
For more of this, I recommend the chapter on income in Sowell's book Economic Facts and Fallacies.

Saturday, June 9, 2012

The definition of insanity

Rent control in France.

(If you don't understand why this is a terrible plan, please read the first chapter of Economic Facts and Fallacies by Thomas Sowell, or the pages in the index entry for "rent control" in his Basic Economics.)

Wednesday, May 23, 2012

"Any job creation was accidental."

So says this New York Times op-ed, which strongly suggests that Mitt Romney shouldn't get credit for creating jobs through his work at Bain Capital. The article is by Steve Rattner, who used to work for the Treasury in the Obama administration.

Thomas Sowell, in the book A Conflict of Visions, includes a chart with two columns and two rows. The columns are labeled "beneficial" and "harmful." The rows are labeled "intentional" and "unintentional." Sowell points out that intelligent people seem to disagree on whether there is anything of significance in the "beneficial" + "unintentional" quadrant. Rattner, the op-ed writer, apparently believes either that there's nothing significant in that quadrant, or that no one who creates things in that quadrant deserves credit for it.

The latter would be an odd view. As Sowell points out, we have a word for things in the "unintentional" + "harmful" quadrant: "negligence." We generally blame people for acting negligently. So, why shouldn't we praise people for doing the opposite — causing unintended benefits?

Friday, September 9, 2011

The Political Compass ideology quiz

You can take the quiz here to find out where they place you on economic and social issues.

Based on my scores, I seem to be a moderate libertarian.

Libertarianism is often seen as an extreme ideology, so is "moderate libertarian" an oxymoron? Not according to Tyler Cowen. Writing in 2007, he said that libertarian policies have increased America's economic growth, but added:

The more wealth we have, the more government we can afford. Furthermore, the better government operates, the more government people will demand. That is the fundamental paradox of libertarianism. Many initial victories bring later defeats.

I am not so worried about this paradox of libertarianism. Overall libertarians should embrace these developments. We should embrace a world with growing wealth, growing positive liberty, and yes, growing government. We don’t have to favor the growth in government per se, but we do need to recognize that sometimes it is a package deal.
In short, libertarianism has the seeds of its own destruction.

As with all these kinds of quizzes, I take issue with the premise of some of the questions. The first one is whether you agree with this statement:
If economic globalisation is inevitable, it should primarily serve humanity rather than the interests of trans-national corporations.
This seems designed to prompt you to think in zero-sum terms about benefitting either "trans-national corporations" or "humanity." I wish there had been an option that would have allowed me to take the position that globalization should benefit both trans-national corporations and humanity at the same time. But the quiz nudges you toward answering that "humanity" should take precedence over "corporations." (The quiz writers should read the section in chapter 1 of Thomas Sowell's Economic Facts and Fallacies about the "zero-sum fallacy" and the chapter on free trade in Tim Harford's The Undercover Economist.)

Also, the quiz results are supposedly about your political views, but several of the social questions don't refer to any role of government. For instance, you could believe that discipline is the most important value to instill in children, and that society has gone too far in allowing people to express sexuality in public (which the quiz would count as "authoritarian" positions), while taking a libertarian position that government should stay out of these issues. You can have a moral objection to the painted nude woman in Times Square the other day without thinking the police should have arrested her. The quiz is supposed to test whether you do have authoritarian political views, but the quiz seems to make an authoritarian assumption that you'll want the government to enforce your morals.

Tuesday, September 6, 2011

Christopher Hitchens and Thomas Sowell on "simple" theories of terrorism and crime

Christopher Hitchens writes, in an article headlined "Simply Evil":

The proper task of the "public intellectual" might be conceived as the responsibility to introduce complexity into the argument: the reminder that things are very infrequently as simple as they can be made to seem. But what I learned in a highly indelible manner from the events and arguments of September 2001 was this: Never, ever ignore the obvious either. To the government and most of the people of the United States, it seemed that the country on 9/11 had been attacked in a particularly odious way (air piracy used to maximize civilian casualties) by a particularly odious group (a secretive and homicidal gang: part multinational corporation, part crime family) that was sworn to a medieval cult of death, a racist hatred of Jews, a religious frenzy against Hindus, Christians, Shia Muslims, and "unbelievers," and the restoration of a long-vanished and despotic empire.

To me, this remains the main point about al-Qaida and its surrogates. I do not believe, by stipulating it as the main point, that I try to oversimplify matters. I feel no need to show off or to think of something novel to say. Moreover, many of the attempts to introduce "complexity" into the picture strike me as half-baked obfuscations or distractions. These range from the irredeemably paranoid and contemptible efforts to pin responsibility for the attacks onto the Bush administration or the Jews, to the sometimes wearisome but not necessarily untrue insistence that Islamic peoples have suffered oppression. (Even when formally true, the latter must simply not be used as nonsequitur special pleading for the use of random violence by self-appointed Muslims.)

Underlying these and other attempts to change the subject there was, and still is, a perverse desire to say that the 9/11 atrocities were in some way deserved, or made historically more explicable, by the many crimes of past American foreign policy. Either that, or—to recall the contemporary comments of the "Reverends" Jerry Falwell and Pat Robertson—a punishment from heaven for American sinfulness. . . . That this was an assault upon our society, whatever its ostensible capitalist and militarist "targets," was again thought too obvious a point for a clever person to make. It became increasingly obvious, though, with every successive nihilistic attack on London, Madrid, Istanbul, Baghdad, and Bali. . . .

10 years ago in Manhattan and Washington and Shanksville, Pa., there was a direct confrontation with the totalitarian idea, expressed in its most vicious and unvarnished form. Let this and other struggles temper and strengthen us for future battles where it will be necessary to repudiate the big lie.
This reminds me of a great passage — one of many — in Thomas Sowell's 2009 book Intellectuals and Society. (By the way, I appreciate that this book has an index that's more complex than the usual list of obvious nouns like names and places. This index actually has an entry for "Simplistic Arguments," which allowed me to easily find the passage I was thinking of.) Sowell writes:
[T]he assumption that certain arguments are unworthy because they are "simplistic" — not as a conclusion from counter-evidence or counter-arguments, but in lieu of counter-evidence or counter-arguments . . . is a very effective debating tactic, however questionable it may be logically. With one word, it preempts the intellectual high ground without offering anything substantive. It is insinuated, rather than demonstrated, that a more complex explanation is more logically consistent or more empirically valid.
That one argument may be simpler than another says nothing about which argument reaches conclusions that turn out to be validated by empirical evidence more often. Certainly the explanation of many physical phenomena — the sun setting over the horizon, for example — by the argument that the earth is round is simpler than the more complex explanations of the same phenomena by members of the Flat Earth Society. Evasions of the obvious can become very complex. (81)
Later in the book, he applies this observation to fighting crime:
Even the most blatant facts can be sidestepped by saying that the causes of crime are too "complex" to be covered by a "simplistic" explanation. This verbal tactic simply expands the question to unanswerable dimensions, as a prelude to dismissing any explanation not consonant with the prevailing vision as "simplistic" because it cannot fully answer the expanded question. But no one has to master the complexities of Newton's law of gravity to know that stepping off the roof of a skyscraper will have consequences. Similarly, no one has to unravel the complexities of the innumerable known and unknown reasons why people commit crimes to know that putting criminals behind bars has a better track record of reducing the crime rate than any of the complex theories or lofty policies favored by the intelligentsia. (195)

Sunday, March 20, 2011

Baby dies 15 minutes after she's born due to Nebraska's anti-abortion law.

"[A] mom whose fetus was being slowly crushed by her uterus was denied an abortion in Nebraska. The reason? Nebraska law says no abortions after 20 weeks" (except under the most extreme exceptions such as to save the life of the mother, which didn't apply here).

In a cruel irony, the law was "supposed to protect the fetus from pain." Do you think the pro-life movement is going to be disturbed by the perverse consequences of its laws and use this experience to more intelligently tailor its legislation in the future? Somehow, I doubt it.

The mother says:

"The outcome of my pregnancy, that choice was made by God. I feel like how to handle the end of my pregnancy, that choice should have been mine, and it wasn't because of a law."
Conservatives make powerful arguments about how the government should avoid over-regulating people's behavior. Thomas Sowell, for instance, has often argued that individuals, who are intimately familiar with the mundane details of their situations, are more capable of figuring out the best course of action than remote lawmakers or intellectuals, who know little about the pros and cons that these decisions will actually entail but who want to move the pieces of society around like a puzzle to form a vision they find pleasant. I wish more conservatives would think more clearly about how their own argument applies to abortion.

Monday, November 1, 2010

A new word for the politically ambiguous

"Countersuggestible."

As I recently blogged, people tend to go along with the politics of their friends and family. But if you're "countersuggestible," and you notice that most people you know and care about share the same political views, you might wonder if they're all systematically making the same mistake.

That's why I find it more enlightening to read a book like Thomas Sowell's Economic Facts and Fallacies, a brilliant corrective to liberal dogma and talking points, than to read my Facebook feed for cues on what my opinions should be. Not that I don't care about my friends' opinions too, but I've passed the point of diminishing returns when it comes to absorbing liberal opinions since I've been around them for so long. Of course, I'm countersuggestible to Sowell's arguments too . . .

Monday, October 25, 2010

"Rich Mom, Poor Mom" article in New York Times glosses over economic reality.

Nancy Folbre, a University of Massachusetts economics professor, writes in the New York Times:

The Mama Grizzlies running for office this fall oppose increased government spending, including programs that could help parents balance paid employment with family work.

Perhaps increased economic inequality in the United States means that individuals running for office don’t have a very clear understanding of the problems facing people in different circumstances than their own. In particular, they don’t fully appreciate the difficulties many mothers face holding down difficult jobs while caring for young children.

You might assume that highly paid women suffer a bigger economic penalty than other women when they have a baby because, after all, they have more earnings to lose.

In a startling new look at the “motherhood penalty,” however, two sociologists at the University of Massachusetts Amherst, Michelle J. Budig and Melissa J. Hodges, show that mothers with lower earnings suffer the biggest percentage loss in hourly wages.
Folbre criticizes other people for lacking a full understanding of what it's really like to be a mother.

What I quoted is a small portion of the whole article. If you click the link and read the whole thing, do you notice what Folbre never mentions?

Hint: It's a hugely important factor in how much money a person actually has, which is not the same as how much money a person earns.

As comment #4 on the article says, the article never mentions "husbands" or "fathers" or "spouses" or "families."

As Thomas Sowell says in Economic Facts and Fallacies (discussing a different issue, the gap in pay between men and women):
In principle, family responsibilities can be divided equally between husband and wife, father and mother. In practice, that has not been the norm in most places and in most periods of history. Since economic consequences follow from practices, rather than principles, the asymmetrical division of domestic responsibilities produces male-female differences in incomes . . . . Moreover, statistical records of money payments can be misleading as to economic realities. Family income is pooled income, and how it is spent, for whose benefit, does not depend on whose name is on the paycheck or paychecks, or whether one paycheck is larger than the other.
Everyone depends on other people in life. No one is just a lone individual. Your money isn't necessarily equal to the money you receive from the paycheck at your job.

All of this applies to mothers at least as much as it applies to everyone else in the world.

Are we simply not supposed to mention these basic facts? Maybe some people find them distasteful for some reason, and would rather leave them unsaid. Fine . . . but then, they shouldn't criticize other people for selectively ignoring economic realities.

Short URL for this post: goo.gl/fsoN

Wednesday, September 22, 2010

Rats and opossums in Brooklyn, and central planning

I love the over-the-top writing style of this news article:

In a bizarre attempt to outwit Mother Nature, city officials introduced beady-eyed opossums in Brooklyn years ago to scarf down rats running amok in the borough, according to local officials. . . .

Not only do wily rats continue to thrive, but the opossums have become their own epidemic, with bands of the conniving creatures sauntering through yards, plundering garbage cans and noshing on fruit trees.

They've even taken up golf . . .
Sometimes the government just hands out ammunition to libertarians.

I mentioned before that I've been reading Thomas Sowell's Economic Facts and Fallacies. In the book's introduction, he lays out a few of the overarching fallacies that explain why many government policies go wrong; he calls one of them "the chess-pieces fallacy." He got this name from Adam Smith's description of a theorist who "'seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board.'" Sowell elaborates:
Unlike chess pieces, human beings have their own individual preferences, values, plans and wills, all of which can conflict with and even thwart the goals of social experiments. Moreover, whatever the merits of particular social experiments, experimentation as such can have huge economic and social costs. (8)
Apparently, this fallacy doesn't just apply to human beings.


(Photo of opossum by David Hoffman.)

Tuesday, September 7, 2010

Debating welfare: "There is a predestined [bottom 20%] of the population."

Here's Thomas Sowell, in 1980, in a lively exchange about welfare with a state welfare official named Helen Bohen O'Bannion, who turns out to be a perfect liberal foil for the conservative Sowell:




A particularly revealing moment: When Sowell discusses skyrocketing rates of teenage pregnancy and children out of wedlock (throughout the US but especially among blacks), O'Bannion quips that she isn't "making [welfare recipients] have illegitimate children." She seemed to assume, a priori, that a benevolent government program can only improve disadvantaged people's lives, and can't itself encourage the kind of behavior that causes them to be so disadvantaged in the first place. Sowell retorts: "Oh, you don't have to do that — you simply subsidize it."

For a more up-to-date and rigorous account of how the United States' expansion of welfare beginning in the '60s created perverse incentives with predictable unintended consequences (especially miring blacks in poverty), I highly recommend the chapter entitled "Why Are You Talking About Blacks on Welfare?" in John McWhorter's book Winning the Race.

Tuesday, June 8, 2010

Filler: articles on higher education, Jews, "public service," etc.

I might not be posting much this week. For one thing, I have an unusually heavy workload between my job and job applications. And I haven't been feeling very inspired to blog lately. I'll write something up, planning to post it, but then stop and think it's not ready to be posted for one reason or another. In fact, I've been seriously toying (isn't that an oxymoron?) with the idea of going on a longer hiatus. If and when I need to move to a new city and start a new job -- which I hope will be by the end of this summer, though it's impossible to say -- I expect that I'd go on hiatus for who-knows-how-long.

But for the sake of having something current on top, here are several articles and blog posts that are worth thinking about:

1. "Where I'm coming from." — Mickey Kaus (of particular interest to readers in California, as Kaus is on the ballot today, running for the Senate against Barbara Boxer)

2. "Higher education's bubble is about to burst." — Glenn Reynolds

3. Jews aren't particularly smarter than the human race as a whole. — Michael Chabon in the New York Times

4. Why the Jews couldn't "go home" to Europe after World War II. — Richard Cohen

5. Why going into "public service" is a better description of working in the private sector than in the public sector. — Thomas Sowell