Posts Tagged ‘Economics’

Quote note (#264)

David Henderson quoting Peter Brimelow:

One winter afternoon in late 1975, Joe Clark came to see me in the Toronto offices of the Financial Post. This was even before he became Joe Who. He was running for the leadership of the Progressive Conservative Party, but almost no one had noticed. Earlier that fall Clark had broken a previous appointment with me, pleading insufficient time to consult his economic advisors. Economics is a stigma you have to accept when you write for the Financial Post. Somewhat reluctantly, I began our rescheduled interview by asking him what he thought about the Economic Council of Canada’s just-published report Looking Outward, which had recommended continental free trade and had therefore been widely denounced as advocating Canada’s absorption into the U.S.A. […] Clark immediately fell apart. Frankly, he said, he didn’t know anything about economics — still — and his exhausting schedule wasn’t helping. You see, he added, “when I went into politics I had to choose between learning economics and learning French. And I chose French.”

There are socio-historical depths to that option lying beyond all facile comprehension.

July 1, 2016admin 14 Comments »
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Chaos Patch (#116)

(Open thread + links (delayed))
Given recent disruption, probably especially patchy. (Chaos Patches might be moving to Tuesday’s regularly for a while, coincidentally.)

The death of exit. The Pope of Moldbuggian ‘orthodoxy’. The Hoppean road. A fake civilization. The church cannot lead. WeSearchr (repeated). The weekly round (in doom), and outliers.

This is an insanely difficult perspective to adopt …” Ascended Economy (1, 2), and very related.

Return of the tribe (also). The monarchist moment. Amren quafs leftist tears (1, 2). Resentment cannot be assuaged. Sexy pagans.

Alt-Right panic report. The Aryan Goddess (1, 2, 3). The unnecessariatBlame the left for the Alt-Right. “It’s really concerning …” (video).  Origins of the Alt-Right. Fashy birds.

More Duerte Harry. Venezuela‘s only friends are idiots (there’s a Marxist take). Low-T Europe (1, 2), plus the center cannot hold (1, 2, 3). Flashpoint Austria. Tomorrow‘s EU. Greece is going nowhere. Britain’s true friends. The US and SE Asian geopolitics (over ideology). The old South Africa. Indian demographicsChallenges and opportunities in China. Global security welfare. Deglobalization. The Westphalian order is dying (video).

Trumpenführer panic report (0, 1, 2). Resistance is futile (plus, and double-plus). The SCOTUS factor. Authoritarians for Trump (video). Foreign drama.

Slack Twitter.

Asian racism (inversely related).

Thiel and private deterrence (1, 2, 3, 4), relevant. Milo does DePaul (video).

Brains do not compute. Vox does IQ. End of the anti-biotic era. Information processing in bacteria. Zombie ants.

VR and philosophy. Quantum philosophy.

The Uber-effect. Crypto-radicalization. Implementing swarm intelligence.

On dares. Hyper-Reality.

May 31, 2016admin 38 Comments »
FILED UNDER :Chaos
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Chaos Patch (#111)

(Open thread + links)

UR death squawk. Patched (delicately) into the NYT. Universalist error. Passivism pro and con, also indispensable (1, 2), and a grim reminder. Balkanization is hard. Echoes of Innsmouth, and Snowcrash. Cashless. Deep State signal. The black pill. Ever higher holiness. Horror (1, 2). The weekly round, plus outliers.

The Alt-Right at Vox (more here, and here). Creepy but fabulous.

China’s resilient Legalism. The South African slide (1, 2, 3). Those twentyeight pages. Submission. Badly oiled. A UN plague. Paris under auto-occupation. Midlife crisis in Singapore. Geopolitical switcheroo. Zbigniew Brzezinski’s world, and Dugin‘s.

Austrianism and civilization. Diasporic neocons and smug liberals. Jackson on the chopping block. Space commies. American monarchists and Texan secessionists. Squashing sanity. Cops on the leash. The human zoo. Concept creep. Hashed crypto-politics. The Islamophobia card (also). Mormon transhumanism. Satanic Revolution.

Inheritance reduces wealth inequality. Two monetary regimes. Hard landing.

Trumpenführer panic report (It’s baaack.) Trump and simulation (plus 1, 2). The Silicon Valley Frankenstein monster. Supportive voices (1, 2). Trumpism breeders. The don’t-put-your-hand-in-hornet-nests candidate.

Conservative media hackery. “Triggering is real.” Silicon Valley, academia and the sacred. Red-on-red. The digital branch.

Racial reality and its discontents. White death. Third world flood. Cuckoo extravagance of the week. Opinion in Israel. Ethnic cleansing in SF. Leftist racial lunacy watch (1, 2). Amerikan Jews (1, 2). Racial mysticism.

“When the cult dies, the culture dies and when the culture dies the civilization dies, and when the civilization dies the people die, and that’s what’s happening to western civilization.” Apocalypse cometh. Pulitzer-wreathed tectonic terror.

The trajectory of eugenics (plus 1, 2, 3). CRISPR crispened. Life history strategy theory (relevant). Serial killers re-profiled.

Loss of evidence. Crisis in climate science (1, 2).

History of AI players. AI crafting (also). Soft robots. Robots and racism. Fast flexible transistors. The coming VR wave. What will Bitcoin become? Individualism and smart machines (audio).

Fascist architect of the week. A mapped Mandelbrot set. Evolutionary skepticism. Scott Aaronson interviewed. Hot politics.

April 24, 2016admin 36 Comments »
FILED UNDER :Chaos
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Chaos Patch (#110)

(Open thread + links)

Tactical Freudianism. Passivism debate. Anti-formalism. Universality is death (plus). An unwelcome intervention. The Brotherhood. “The Age of Destruction must come and pass; the wheel must turn; it is unavoidable.” Democracy Shmemocracy. Hestia’s latest. The weekly round.

Alt-Right provokes conniptions (1, 2, 3), and a poem. Neoliberalism in question (1, 2, 3). The simple source of socialist failure (relevant). Ideology 101. The masochistic right. Jacobins are not conservatives. Culture war in cyberspace (and a cry from the cross-fire zone). Crypto-realism. Capital escapes.

‘Soft Coup‘ in Brazil? Debt crisis in Japan. US-Saudi friction (plus relevant rant, and reference). Basted Turkey. Right-wing Israelis.

The case for market money, and for penal colonies. Alphabet City.

NY Post endorses Trump. Facebook and Trump.

Abstraction and the Flynn Effect. Japanese biodiversity. Appalachia (1, 2). Lesbian eugenics. The blank slate crumbles. Criminal correlations. Out of autism. Martyrdom in the robes of science. Questions of sentience in cephalopods and machines.

Anti-memories. Primal fears. Biosemantics.

Primes and particles.

Sex and robots. Ontological secrets of Bitcoin. Synthetic time reversal.

Old books. Crypto-occultism. Philip Johnson’s fascism. Ruin of the humanities. Bogosity.

April 17, 2016admin 41 Comments »
FILED UNDER :Chaos
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Chaos Patch (#109)

(Open thread + links (with some post-holiday backlog clearance))

Natalism is hard. Contradictions of right-wing activism (relevant). Inequality. Tribal competition. Civilization is brittle. Recent attention on the Alt-Right (viz 1, 2, 3), plus pushback. NRx and Akhenaton (perhaps, plus). “Political discourse is fundamentally shot.” Moldbug at Amazon. The weekly round.

Caeseropapism, sacred rites, and wishcasting. A pwned pope (plus).

Capitalism and intelligence (1, 2, 3). Owned markets. The Thing that cannot be named. “… our current ‘capitalism‘ is far from being capitalistic …” Capital under populist pressure (also). Business as magic. The new astrologers. Legal slavery. Commodity crunch. Brexit and the city.

The Indo-Pak trigger-zone. Syria in ruins. Tet in Europe. US proxy civil war watch. Imprisonment and Islam in France. Integration is provocative. The Dutch referendum. Cover-up uncovered. Lights out in Venezuela. “Print technology, the first mass media, facilitated the formation of nations, and the Internet is now undermining nationalism.” Fueling the flames. Feel the Bern.

Ethnogenesis. Jonathan Haidt interviewed by Tyler Cowen. Polarization. Collective punishment. Minority report. Socialist Neocam (for Canadians). Like the fall of the Roman Empire, but worse. Googleplex. Altruism addicts. The bubble test. Borders are bad (relevant).

Trump and his fans have broken the Overton window, and there is no going back.” Trump unbound. Accelerationists for Trump? Meme-war. Call of the wild.

Henry Harpending RIP (1, 2, 3). Cognitive mismatch (plus 1, 2). Another Thing that cannot be named. Noticing is still bad. Regression to the mean. Dark Darwinism. CRISPR cometh. Molecular synthesis. A programming language for cells. Hypercycles.

Don’t disrespect Uranus. Planet Nine is over-rated. More black holes. Level-1 multiverses (+). Simulation quandaries (+).

Computational mathematics. Urbit’s difficult road. The arms locker. Wirehead 1.0. Whisper systems. Malware media.

On Cyberpunk. John Dee and imperial myth. Medieval machine-books.

April 10, 2016admin 48 Comments »
FILED UNDER :Chaos
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The Market from Hell

The supply side could be reasonably compared to a high-pressure fire-hose:

A new poll for YouGov of almost 15,000 people found that 60% would like to be an author. The news may come as a surprise to the bestselling and critically acclaimed novelist Sebastian Faulks, who this weekend expressed his wish to find a job, writing in the Spectator that he has “now spent almost a quarter of a century alone in a garret staring at a blank wall, and I think it has driven me a bit mad”. […] … According to a survey carried out by Digital Book World earlier this year, almost a third of published authors make less than $500 (£350) a year from their writing.

Here’s the demand sink they’re feeding into:

ADDED: Relevant musings of Albert Jay Nock.

April 6, 2016admin 36 Comments »
FILED UNDER :Commerce
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The NRx Moment

This isn’t it.

The Trump phenomenon is really something, a crisis of democracy and a shattering of the Overton Window very much included, but it is not an intrinsically right-wing thing, and it is radically populist in nature. A reactionary exploitation of demotism is not a neoreactionary episode. The Alt-Right is properly credited with capturing the spirit of this development. It is not us.

NRx is situated absolutely outside mass politics. Its moment dawns only when the Age of the Masses is done.

It will be done. The emergence of sovereign (primary) property, liberated from the criterion of democratic legitimation, is its sign. Government, on this basis, is Neocameral. The deep historical trends supporting it include:

(1) Apolitical property. No such reality, or conception, has yet been historically actualized. For as long as property is determined as a social relation, it cannot be. Absolute property is cryptographic. It is held not by social consent, and thus political agreement, but by keys. Fnargl is a provocative thought-experiment, but PKE private keys are a non-negotiable fact. They define the property relation with a rigor the entire preceding history of philosophy and political economy has been unable to attain. Everything that follows from the cryptographic transition — Bitcoin most notably — contributes to the establishment of a property system beyond democratic accountability (and thus insensitive to Voice). Neocameral administration implements a cryptographic state, strictly equivalent to a fully-commercialized government.

(2) Autonomous capital. The definition of the corporation as a legal person lays the foundation, within modernity, for the abstracted commercial agency soon to be actualized in ‘Digital Autonomous Corporations’ (or DACs). The scale of the economic transition thus implied is difficult to over-estimate. Mass consumption, as the basic revenue source for capitalist enterprise, is superceded in principle. The impending convulsion is immense. Self-propelling industrial development becomes its own market, freed from dependency upon arbitrary popular (or popularizable) consumption desires. Demand management, as the staple of macroeconomic governance, is over. (No one is yet remotely ready for this.)

(3) Robotic security. Definitive relegation of the mass military completes the trifecta. The armed mass as a model for the revolutionary citizenry declines into senselessness, replaced by drones. Asabiyyah ceases entirely to matter, however much it remains a focus for romantic attachment. Industrialization closes the loop, and protects itself.

The great game, for human agencies (of whatever social scale) becomes one of productive cooperation with formations of sovereign property, with the menace of mass political violence swept off the table. The Alt-Right is no kind of preparation for this. Its adventure is quite different, which is not to say it is uninteresting, or — in the near-term — entirely inconsequential, but it is exhausted by its demotism. It belongs to the age that is dying, not to the one that is being born.

Socio-political modernity has been an argument over property distributions, and the Alt-Right has now demonstrated that the (self-conscious) Left has no monopoly over it. As senescence deepens, the dialectic rips the whole rotten structure to pieces. NRx — when it understands itself — isn’t arguing.

April 5, 2016admin 44 Comments »
FILED UNDER :Neoreaction
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Quote note (#231)

Genteel understatement from Tyler Cowen:

[American Amnesia] is the new book by Jacob S. Hacker and Paul Pierson, and the subtitle is How the War on Government Led Us To Forget What Made America Prosper. It is well written and will appeal to many people. It is somewhat at variance with my own views, however. Most of all I would challenge the premise of a “war on government,” at least a successful war. How about a “Dunkirk on government”?

March 15, 2016admin No Comments »
FILED UNDER :Political economy
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Chaos Patch (#105)

(Open thread + links)

Metaculture. The global polyhedron (1, 2). Fake flights from selection. Mandatory participation in providence. Cropped-back ‘concerns‘. The asymmetric spectrum. Raw power. Mind-control. Uncontrolled government (is cancer). Hoppe against democracy (podcast). The weekly round (the SSC link-fest).

The “war on western lifestyle” [*facepalm*]. Droned. Submarine Karachi? SA mark-down. Europe raped (1, 2) rightwards (1, 2, 3). Canadian immigration madness. Multicultural knots. Where it could end. China in Djibouti. The inevitability of war (plus). Weakness provokes aggression (1, 2). Democracy and globalization in retreat. End of Neoconservatism.

Price discovery on Rohypnol. The metallic break-point. Trust destruction. Panic at the ECB. SF versus tech. Oil economics. Surveillance capitalism.

Trumpenführer panic report (1, 2, 3, 4). Street politics (plus). Revolution 2.0. “… the GOP would obviously prefer to lose the election rather than have Trump win” (note). Racial politics. Signs of sympathy (1, 2, 3, 4, 5, 6, 7, 8). Ditch and switch. An upside-down version of the Outsideness strategy for leftists. Trump in context (1, 2, 3).

America’s four parties. “In order to accelerate the collapse, the best president will be the person who is the most corrupt, the most pro-government and most anti-liberty.”

Twitter and beyond. Cli-fi. #TheTriggering (plus). Politicized science (video). The diversity scam.

IQ matters more. Han genetics. The $999 genome. Biology goes ape. Psychology in crisis (1, 2, 3). What should a theory of consciousness look like? Genius geno-tech (video). Faith in evolution.

AI beats LSD (1, 2, 3), but the human resistance wins one (+). Eye-to-claw coordination (via). Scalable quantum computation update. A micropayments marketplace. Fear of blockchains.

Largest object in the cosmos? Bacterial electro-communication. CRISPR revolution. Boneless (video). Isolation.

Productive philosophy. The Omega visionary. Its from bits. Enlightenment to entanglement. In defense of boredom.

March 13, 2016admin 24 Comments »
FILED UNDER :Chaos
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Sentences (#45)

Opening an outstanding post by Joshua M. Brown:

The only way to save the economy is to crash it.

Continue Reading

February 27, 2016admin 14 Comments »
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