A cold look at the kill list. Leftists of the right. Singularity skepticism. Why is ‘sexual orientation’ like phlogiston. Social justice and slave morality. NRx and Dixie (also relevant). Not the same people. Fragged Friday. The weekly rounds.

ISIS eyes on Saudi Arabia. Going over the cliff in Greece, and Venezuela.

What religion can do, perhaps. The thin weird line. How atheists lose it. Two religious experiences. SV hipster evangelism.

The Bellcurve, meta-review. More unwanted human biorealism (1, 2, 3). Darwinism and teleology (with vigorous discussion in the comments). The media’s race war. The chan wars. War.

The Machiavelli of India. Dampier reviews Bloom. A contrarian take on Hollywood politics. Philosophers in Starbucks.

It’s not easy to survive from the ‘Net.

Charles I’s speech from the scaffold. “For the people. And truly I desire their Liberty and Freedom as much as any Body whomsoever. But I must tell you, That their Liberty and Freedom, consists in having of Government; those Laws, by which their Life and their goods [?] may be most their own. It is not for having share in government (Sir) that is nothing pertaining to them. A subject and a soveraign are clean different things, and therefore until they do that, I mean, that you do put the people in that liberty as I say, certainly they will never enjoy themselves.”

The Philly Fed’s Charles Plosser stubbornly maintains that reality still exists: “The history is that monetary policy is not ultimately a very effective tool at solving real economic structural problems. It can try for a while but the problem then is that it’s only temporarily effective, and when you can’t do it anymore you get the explosion yesterday in the Swiss market. […] One of the things I’ve tried to argue is look, if we believe that monetary policy is doing what we say it’s doing and depressing real interest rates and goosing the economy and we’re in some sense distorting what might be the normal market outcomes at some point, we’re going to have to stop doing it. At some point the pressure is going to be too great. The market forces are going to overwhelm us. We’re not going to be able to hold the line anymore. And then you get that rapid snapback in premiums as the market realizes that central banks can’t do this forever. And that’s going to cause volatility and disruption.”

Dampier unleashed: “Cthulhu’s music provides the background track to their dreams, pulling them down towards the ancient cities without names, generating an irresistible attraction to forgotten rituals performed according to laws written in incomprehensible runes.”

The world seems determined to thrash us into empiricism.

(Via.)

If there is a trend, it shows up more persuasively in the erratic sequence of consistently-escalating negative oil price shocks.

ADDED: Patri Friedman helpfully points to Hotelling’s Rule.

(Via.)

Something like two decades of low energy prices ahead, if the established pattern is prolonged. There’s either a valuable futurist building-block there, or a provocation for futurological discussion.

Chris Edwards puts together an impressive short (and implicit) demolition.

Fernandez’ summary of the Edwards post is even better (so I’ve left the link to him):

Chris Edwards at the Cato Institute believes there should be a National Museum of Government Failure. He argues that the displays at the Smithsonian would pale into insignificance if set beside the awe-inspiring sight of such things as the “$349 million on a rocket test facility that is completely unused“, the Superconducting Collider whose ruins include nearly 15 miles of tunnel and the ex-future Yucca Mountain nuclear waste site. Yet these artifacts, whose scale would surpass many a Lost City, are far from the worst failures. The biggest fiascos by dollar value are the various government programs designed to win the war on drugs or poverty which after having spent trillions of dollars fruitlessly, lie somewhere in an unmarked bureaucratic grave.

A price tag doesn’t do justice to these calamities, which are not only wasteful, but positively and perversely harmful, but it’s a start. The category of ‘waste’ itself fails here, because it would actually be less culturally toxic for all the resources squandered on social programs to be simply annihilated into hyperspace without remainder. Ruinous dependency incentives would then be hugely lessened.

Of course, the idea that dysfunctional political institutions will cooperate with their own public humiliation is also a piece of lunacy (and this time, one that beltway libertarians are peculiarly prone to).

ADDED: Highly relevant.

… deflation is the natural result of a competitive economy experiencing productivity gains.

(He continues: “isn’t this the ideal environment for innovation, enterprise and consumers? Yes, it is.”)

According to the Outside in definition, deflation is the basic signature of capitalism. It’s the politically-undirected (i.e. spontaneous) distribution of positive externalities from sound economic order. Inflation — or mere deflation-suppression — is the unambiguous signal that something very different is going on.

ADDED: Related.

NRx under thoughtful investigation at the Catalyst Club. Re-visiting the Trichotomy. Christianity and degeneration. Notes on religion. Gnonological meditations (1, 2). Bryce’s new blog. The original mitrailleuse. “Yes, they are offering pig blood to a statue of Mao.” A new NRx aggregrator (and blog).

Jihad in Paris dominates the news-cycle. Some NRx-ish commentary from the Legionnaire, NIO, Laurel, Milton, Yuray, and Steves. In any case, this isn’t working. Liberal anguish (with an unexpectedly hard edge). Additional diverse commentary from Peter Frost, Gregory Hood, Sean Gabb, Ed West, Juan Cole, Slavoj Žižek. The Houellebecq connection. John Robb on the 4GW urban combat space (from 2007), with a Dampier update. Meanwhile, in Nigeria. Religious rifting in the CAR and Pakistan.

Consciousness sweeps. The Deep City. Golden ages. Blogs as the new letters (but why not pamphlets?). Richard Fernandez ponders the Great Filter. Templex thoughts from Charlton. Geno-politics.

SpaceX on the crunchy frontier.

Reforming Austrian economics.

An HBD research prospectus.

Booms brought about by credit expansion ALWAYS end in a contractionary bust. It’s just a matter of when. The level of mal-investment in Japan, Europe, China and the U.S. during the boom created by central bankers is almost incomprehensible in its scale of absurdity. The only beneficiaries have been bankers, corporate insiders, politicians, and shadowy billionaires hiding in plain sight. The illusory boom has already impoverished the working class and the coming bust will invoke civil unrest, social chaos and war.

(I’m in Singapore until the 9th, so erratic online activity until then.)

The Operation is being relocated to New Zealand for a couple of weeks, beginning tomorrow, so there is almost certain to be some disruption in the days ahead. I’m definitely aiming to keep some flow going, with year round-up posts a feature, but chaotic meandering is likely to reach unprecedented levels.

As for the week behind us, NBS’s esential reacto-round-up now has a This Week in Dampier sub-section. Among those highlights, hard and soft money posts, some Gruber contrarianism, and a valuable note on the Bezos effect. Anarcho-papist is another production maelstrom, who requires statistical sampling, in this case substantial input into the left (or ‘demotist‘) singularity and deep state discussions. Scharlach reflects on the state’s monopoly of violence. Nyan recommends escape from local noise. Ash Milton provides a useful introduction to the ENR. Anti-Dem discusses tolerance. SoBL suggests a deal (background). Some posts stretch glib summarization. “Everything is broken” (back-story). Was enlightened.

There’s clearly a stimulating engagement with propertarianism to be had (and this post is especially helpful for orientation). NIO recommendations on game theory and spontaneous order (1, 2). Soapjackal wants us all to spend more time here.

Gallic ‘neo-reactionnaires’ (who aren’t, of course, us) have also been making waves. Has Putin failed? (Venezuela certainly has.) Sony hack weirdness. Deep State ‘action’.

Troll hunters.

Hanson on the deep ideo-politics of plasticity. Defending Leo Strauss (in the lamest possible way). In praise of monarchy. Rage (and hate). TAC on neoconservative and bleeding-heart liberal suckage.

Gates and Shockley (Dampier comments). “Mr. Gates may see Shockley’s experience as a warning: If he cares about his reputation he better keep his mouth shut.” White worries. Eco-miscegeny. Anatoly Karlin reminds us of his fascinating Indian IQ posts (1, 2, 3).

Keller Easterling is an architect, writer and professor at Yale University. Her most recent book, Extrastatecraft: The Power of Infrastructure Space (Verso, 2014), examines a new global network woven by money and technology that functions almost like a world shadow government. Though it’s hard to grasp the full extent of this invisible network, Easterling argues that it’s not too late for us to change it.

If it’s not too late to ‘change’ it, it’s not too late to intensify and consolidate it. Tech-comm NRx is obviously doing OK, if it already looks this scary.