There’s been a lot of recent discussion about relative economic performance of the EU and US as well as (mostly separately) discussion of differences in mortality rates.

One way to integrate the two is to think of living in the US as a (very) dangerous occupation, and think about the wage premium demanded by workers to take up such occupations, relative to comparable low-risk jobs.

The typical estimate from econometric studies is that a 0.1 per cent chance of death on the job (a really dangerous job) implies a wage premium of around $10000/year.

For Americans aged between 25 and 65, the annual death rate in 2019 (pre-Covid) ranged between 0.13 and 0.88. EU mortality rates were one-third to half of that.

Doing the math, the wage premium that would be needed to take on the extra risk of being a working-age American, compared to the EU, is somewhere between $10000/yr and $40000/yr.

Even the lower figure would push the US down to the middle of the rich-country pack based on standard comparisons of median income.

(From my Substack)

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On Public Reason & Inflated Concepts

by Eric Schliesser on April 17, 2023

Hélène Landemore enthusiastically shared a piece, “The Inflation of Concepts,” published at Aeon by John Tasioulas (who she describes as her “Oxford colleague”). Appealing to the work of Jürgen Habermas and John Rawls, Tasioulas focuses on a “threat to the quality of public reason” (which he claims) “tends to go unnoticed. This is the degradation of the core ideas mobilised in exercises of public reason.” And, in particular, what he has in mind is ‘conceptual overreach’. This “occurs when a particular concept undergoes a process of expansion or inflation in which it absorbs ideas and demands that are foreign to it.”

At this point I kind of expected Tasioulas to suggest as an example ‘democracy’ but he initially focuses on “human rights or the rule of law” [he is a legal philosopher] which “is taken to offer a comprehensive political ideology, as opposed to picking out one among many elements upon which our political thinking needs to draw and hold in balance when arriving at justified responses to the problems of our time.” Near the end of his essay he does focus on democracy (which he thinks of as a more “contestable” example!) and while drawing on the excellent work of Joshua Ober, he complains that some people mistakenly use ‘democracy’ and ‘liberal democracy’ interchangeably. (Our reading habits are clearly different because most of the conflations I see involve ‘democracy’ and whatever views a theorist expects/wishes to see approved by their imaginary demos.)

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Sunday photoblogging: Girona, El Call

by Chris Bertram on April 16, 2023

Endless steps in what was, until 1492, the Jewish quarter of Girona and where there is now a wonderful museum dedicated to the city’s long Jewish history.

Girona, Jewish Quarter

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There’s been yet another big leak of US secret intelligence. As usual, the main result was embarrassment for the US state, from the (re)confirmation that it routinely spies on its allies, and from the publication of some unflattering comments on those allies. The substantive content was uninteresting, revealing no greater insight (and sometimes) than that available to careful observers with no access to secret information (Daniel Drezner has more on this).

There don’t seem to be any lessons to be learned here that weren’t already evident from the last big leak (Snowden), except that believers in the spy myth never learn any lessons. I’ve been over this again and again, as did Daniel Davies, back in the day.

I’m appending my first post on this, going back to an article published in the Australian Financial Review around the turn of the century.
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Industrial policy and the new knowledge problem

by Henry Farrell on April 13, 2023

This post is a memo that I just presented at a workshop organized at the EUI by Kate McNamara, Frederic Merand and Catherine Hoeffler. Some of its key ideas were articulated in an informal discussion with Bill Janeway, Margaret Levi, Suresh Naidu, Dani Rodrik and Gabriel Zucman a couple of weeks back. None of them are at all to blame (I’ve benefited greatly from their various comments, suggestions and disagreements but probably not nearly so much as I should have).


Memo
In this brief and very informal memo, I argue that the “knowledge problem” critique of industrial policy has itself become a problem for knowledge. For decades, economists have argued that state policy makers lack the requisite knowledge to intervene appropriately in the economy. Accordingly, decisions over investments and innovation ought be taken by market actors. Now, the “market knows best” paradigm is in disrepair. It isn’t just that “hyperglobalization” has devoured its own preconditions, so that it is increasingly unsustainable. It is also that some goals of modern industrial policy are in principle impossible to solve through purely market mechanisms. To the extent, for example, that economics and national security have become interwoven, investment and innovation decisions involve tradeoffs that market actors are poorly equipped to resolve. There are good reasons why Adam Smith did not want to see defense policy handled through the market’s division of labor. [click to continue…]

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Sunday photoblogging: Palazzo d’Accursio, Bologna

by Chris Bertram on April 9, 2023

Palazzo d'Accursio, Bologna

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My son’s autistic language

by Macarena Marey on April 5, 2023

My son’s language is made of a bundle of sounds that do not exist in the Spanish that we speak around the Río de la Plata. He repeats syllables he himself invented, he alternates them with onomatopoeias, guttural sounds, and high-pitched shouts. It is an expressive, singing language. I wrote this on Twitter at 6:30 in the morning on a Thursday because Galileo woke me up at 5:30. He does this, madruga (there is no word for “madrugar”, “waking up early in the morning” in English, I want to know why). As I look after him, I open a Word document in my computer. I write a little while I hear “aiuuuh shíii shíiii prrrrrr boio boio seeehhh” and then some whispers, all this accompanied with his rhythmic stimming of patting himself on the chest or drumming on the walls and tables around the house.
My life with Gali goes by like this, between scenes like this one and the passionate kisses and hugs he gives me. This morning everything else is quiet. He brings me an apple for me to cut it for him in four segments. He likes the skin and gnaws the rest, leaving pieces of apples with his bitemarks all around the house. He also brings me a box of rice cookies he doesn’t know how to open. Then he eats them jumping on my bed. He leaves a trace of crumbles. Galileo inhabits the world by leaving evidence of his existence, of his habits, of his way of being in the world.
When we started walking the uncertain road to diagnosis, someone next of kin who is a children’s psychologist with a sort of specialisation in autism informally assessed him. She ruled (diagnosed, prognosed) that he wasn’t autistic, that we shouldn’t ask for the official disability certificate (because “labels” are wrong, she held), and that he should go on Lacanian therapy and music therapy on Zoom —now I think this is a ready-made sentence she just gives in general to anyone.

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Kicking against the Ticks

by Henry Farrell on April 4, 2023

Attention conservation notice: short but entirely speculative exercise in amateur sociology/game theory, by someone who has no professional license to do either, and had a blue tick for a couple of years but was always bemused as to why.

A quick note as to what went wrong with the Elon Musk strategy of giving power to the peasants. My take is that the Tyler Cowen case that “Elon is already ahead of the critics on this one, and was all along” was wrong, and that the politics of online aristocracy aren’t nearly what Musk thought they were. [click to continue…]

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No-Bullshit Democracy

by Henry Farrell on April 4, 2023

Hugo Mercier, Melissa Schwartzberg and I have two closely related publications on what we’ve been calling “No-Bullshit Democracy.” One is aimed at academics – it’s a very short piece that has just been officially published in American Political Science Review. The other just came out in Democracy. It’s aimed at a broader audience, and is undoubtedly livelier. An excerpt of the Democracy piece follows – if you want to read it, click on this link. The APSR academic letter (which can be republished under a Creative Commons license) is under the fold. Which one you might want to read depends on whether you value footnotes more than fisticuffs, or vice versa …

The New Libertarian Elitists

What might be called “no-bullshit democracy” would be a new way of structuring democratic disagreement that would use human argumentativeness as a rapid-growth fertilizer. … But first we need to sluice away the bullshit that is being liberally spread around by anti-democratic thinkers. … . Experts, including Brennan and Caplan (and for that matter ourselves), can be at least as enthusiastic as ordinary citizens to grab at ideologically convenient factoids and ignore or explain away inconvenient evidence. That, unfortunately, is why Brennan and Caplan’s books do a better job displaying the faults of human reasoning than explaining them.

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Sunday photoblogging: Bologna

by Chris Bertram on April 2, 2023

Bologna

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Should academics fly at all?

by Ingrid Robeyns on March 29, 2023

Earlier this week, I was at a meeting to discuss the question whether my university should cut its ties with the fossil industry, or else impose additional conditions on working with partners from fossil industries. There was quite some agreement that the university should think hard about spelling out and endorsing a moral framework, and based on those values and moral principles work out what (if any) forms of collaboration would remain legitimate in the future. This led our vice-chancellor to ask the question what else such moral framework would imply for university staff. “Should we perhaps completely stop flying?”, he asked.

And then there is, once again, a very depressing IPCC report and we must radically change our modes of production and consumption if we want to leave our children (and our older selves) a planet that will remain safe for the human species. And it’s not just about the future, but about the present: urgent action is needed to lower the number of the deadly climate-related events that we have seen over the last years, from increases in wildfires to deadly floodings – that led poor people, who have made almost zero contribution to this problem, lose their livelihoods, and many simply died. So to me it seems obvious that what we change in response to climate change is a very urgent moral question.

Hence the question: Do academics fly too much? Should we simply stop flying at all?
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The meta-view from meta-nowhere

by John Q on March 28, 2023

Pseudo-objectivity about pseudo-objectivity

Jay Rosen coined popularised the phrase “the view from nowhere” (originally due to Thomas Nagel) to describe the default stance of political journalism in the US and elsewhere, often defended as “objectivity”. This is closely linked to the concept of the Overton window, which I wrote about recently in relation to the AUKUS nuclear subs deal

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In a passage near the crescendo of Book I of The Treatise of Human Nature, David Hume writes, “the intense view of these manifold contradictions and imperfections in human reason has so wrought upon me, and heated my brain, that I am ready to reject all belief and reasoning, and can look upon no opinion even as more probable or likely than another…[I] begin to fancy myself in the most deplorable condition imaginable, inviron’d with the deepest darkness, and utterly depriv’d of the use of every member and faculty…. [S]ince reason is incapable of dispelling these clouds, nature herself suffices to that purpose, and cures me of this philosophical melancholy and delirium, either by relaxing this bent of mind, or by some avocation, and lively impression of my senses, which obliterate all these chimeras.”  (He goes on to play backgammon.)

The delirium Hume ascribes to himself is the effect of human reason and a kind of second order reasoned reflection [“the intense view”] of it. (Recall also this post.) It’s important for what follows that the ‘contradictions and imperfections’ in human reason are not, what we might call, ‘formal’ contradictions and imperfections or biases in reasoning. It’s not as if Hume is claiming that the syllogistic apparatus, or — to be closer to Hume’s own interests and our present ones — the (inductive) probabilistic apparatus is malfunctioning in his brain. Rather, his point is that a very proper-functioning (modular) formal and probabilistic apparatus generates internal, even cognitive tensions, especially when it reflects on its own functioning and the interaction among different cognitive faculties/modules/organs. [click to continue…]

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The United States Should Ban TikTok

by Kevin Munger on March 23, 2023

This is an unusual post from me, in that I’m far from unique in making these kind of arguments. Despite what I see as a growing chorus of thoughtful critics advocating for a TikTok ban, no one seriously seems to think it could happen. If TikTok is already un-ban-able, our capacity for democratic control is already lost. I am optimistic that this is not the case, and that this remains a stand worth taking.

In anticipation of the 2020 US Presidential Election, President Trump threatened to ban TikTok — and went so far as to sign an Executive Order to that effect.

This was a hastily conceived response to what is a genuine but complicated problem. The immediate polarization of the issue and the liberal framing that Trump’s motive was xenophobic have prevented the development of a more reasoned debate. TikTok is the first major social media platform developed by a geopolitical rival to gain widespread adoption in the United States.

Although President Biden rescinded Trump’s EO, his administration has continued to investigate the platform and is considering new regulations that reflect this novel challenge. There is no reason to give TikTok the benefit of the doubt. The major US platforms have consistently failed to be responsible stewards of the awesome power they have appropriated over our media and politics, and TikTok has demonstrated the same irresponsibility — except that they are far more vulnerable to pressure from the Chinese regime.

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The hierarchy of excuses

by John Q on March 20, 2023

I’ve lived through quite a few financial crises, some local to Australia, and others global. Invariably, the first failures are those of obvious shonks (Australianism?) who would probably have failed anyway. Then there are seemingly reputable institutions that turn out to have been shonky. Then there are institutions that played by the rules, but it turns out the rules weren’t good enough. After that, no one is safe and the government steps in to bail the bankers out.Of course, ordinary people pay the bill.

So, I thought I’d get a headstart on listing the hierarchy of excuses, explaining why this isn’t just an inherently corrupt system, doing its inherently corrupt thing. Here we go:

*Silvergate: jumped up crypto bank, not really a bank at all
*Silicon Valley: mismatched assets and liabilities, classic mistake, also woke
* Signature: more crypto, more mismatch, also Trump
* First Republic: all these midsized banks misused the 2017 deregulation
* Credit Suisse: turns out all those capital adequacy requirements could be gamed. And just to prove this, we’ll wipe out the bondholders who helped make the books look good, while bailing out the equity holders
* TBC

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