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Christian ethics - Wikipedia
Christian ethics is a branch of Christian theology that defines virtuous behavior and wrong behavior from a Christian perspective. Systematic theological study of Christian ethics is called moral theology, possibly with the name of the respective theological tradition, e.g. Catholic moral theology.

Christian virtues are often divided into four cardinal virtues and three theological virtues. Christian ethics includes questions regarding how the rich should act toward the poor, how women are to be treated, and the morality of war. Christian ethicists, like other ethicists, approach ethics from different frameworks and perspectives. The approach of virtue ethics has also become popular in recent decades, largely due to the work of Alasdair MacIntyre and Stanley Hauerwas.[2]


The seven Christian virtues are from two sets of virtues. The four cardinal virtues are Prudence, Justice, Restraint (or Temperance), and Courage (or Fortitude). The cardinal virtues are so called because they are regarded as the basic virtues required for a virtuous life. The three theological virtues, are Faith, Hope, and Love (or Charity).

- Prudence: also described as wisdom, the ability to judge between actions with regard to appropriate actions at a given time
- Justice: also considered as fairness, the most extensive and most important virtue[20]
- Temperance: also known as restraint, the practice of self-control, abstention, and moderation tempering the appetition
- Courage: also termed fortitude, forebearance, strength, endurance, and the ability to confront fear, uncertainty, and intimidation
- Faith: belief in God, and in the truth of His revelation as well as obedience to Him (cf. Rom 1:5:16:26)[21][22]
- Hope: expectation of and desire of receiving; refraining from despair and capability of not giving up. The belief that God will be eternally present in every human's life and never giving up on His love.
- Charity: a supernatural virtue that helps us love God and our neighbors, the same way as we love ourselves.

Seven deadly sins: https://en.wikipedia.org/wiki/Seven_deadly_sins
The seven deadly sins, also known as the capital vices or cardinal sins, is a grouping and classification of vices of Christian origin.[1] Behaviours or habits are classified under this category if they directly give birth to other immoralities.[2] According to the standard list, they are pride, greed, lust, envy, gluttony, wrath, and sloth,[2] which are also contrary to the seven virtues. These sins are often thought to be abuses or excessive versions of one's natural faculties or passions (for example, gluttony abuses one's desire to eat).

1 Gula (gluttony)
2 Luxuria/Fornicatio (lust, fornication)
3 Avaritia (avarice/greed)
4 Superbia (pride, hubris)
5 Tristitia (sorrow/despair/despondency)
6 Ira (wrath)
7 Vanagloria (vainglory)
8 Acedia (sloth)

Golden Rule: https://en.wikipedia.org/wiki/Golden_Rule
The Golden Rule (which can be considered a law of reciprocity in some religions) is the principle of treating others as one would wish to be treated. It is a maxim that is found in many religions and cultures.[1][2] The maxim may appear as _either a positive or negative injunction_ governing conduct:

- One should treat others as one would like others to treat oneself (positive or directive form).[1]
- One should not treat others in ways that one would not like to be treated (negative or prohibitive form).[1]
- What you wish upon others, you wish upon yourself (empathic or responsive form).[1]
The Golden Rule _differs from the maxim of reciprocity captured in do ut des—"I give so that you will give in return"—and is rather a unilateral moral commitment to the well-being of the other without the expectation of anything in return_.[3]

The concept occurs in some form in nearly every religion[4][5] and ethical tradition[6] and is often considered _the central tenet of Christian ethics_[7] [8]. It can also be explained from the perspectives of psychology, philosophy, sociology, human evolution, and economics. Psychologically, it involves a person empathizing with others. Philosophically, it involves a person perceiving their neighbor also as "I" or "self".[9] Sociologically, "love your neighbor as yourself" is applicable between individuals, between groups, and also between individuals and groups. In evolution, "reciprocal altruism" is seen as a distinctive advance in the capacity of human groups to survive and reproduce, as their exceptional brains demanded exceptionally long childhoods and ongoing provision and protection even beyond that of the immediate family.[10] In economics, Richard Swift, referring to ideas from David Graeber, suggests that "without some kind of reciprocity society would no longer be able to exist."[11]


hmm, Meta-Golden Rule already stated:
Seneca the Younger (c. 4 BC–65 AD), a practitioner of Stoicism (c. 300 BC–200 AD) expressed the Golden Rule in his essay regarding the treatment of slaves: "Treat your inferior as you would wish your superior to treat you."[23]


The "Golden Rule" was given by Jesus of Nazareth, who used it to summarize the Torah: "Do to others what you want them to do to you." and "This is the meaning of the law of Moses and the teaching of the prophets"[33] (Matthew 7:12 NCV, see also Luke 6:31). The common English phrasing is "Do unto others as you would have them do unto you". A similar form of the phrase appeared in a Catholic catechism around 1567 (certainly in the reprint of 1583).[34] The Golden Rule is _stated positively numerous times in the Hebrew Pentateuch_ as well as the Prophets and Writings. Leviticus 19:18 ("Forget about the wrong things people do to you, and do not try to get even. Love your neighbor as you love yourself."; see also Great Commandment) and Leviticus 19:34 ("But treat them just as you treat your own citizens. Love foreigners as you love yourselves, because you were foreigners one time in Egypt. I am the Lord your God.").

The Old Testament Deuterocanonical books of Tobit and Sirach, accepted as part of the Scriptural canon by Catholic Church, Eastern Orthodoxy, and the Non-Chalcedonian Churches, express a _negative form_ of the golden rule:

"Do to no one what you yourself dislike."

— Tobit 4:15
"Recognize that your neighbor feels as you do, and keep in mind your own dislikes."

— Sirach 31:15
Two passages in the New Testament quote Jesus of Nazareth espousing the _positive form_ of the Golden rule:

Matthew 7:12
Do to others what you want them to do to you. This is the meaning of the law of Moses and the teaching of the prophets.

Luke 6:31
Do to others what you would want them to do to you.


The passage in the book of Luke then continues with Jesus answering the question, "Who is my neighbor?", by telling the parable of the Good Samaritan, indicating that "your neighbor" is anyone in need.[35] This extends to all, including those who are generally considered hostile.

Jesus' teaching goes beyond the negative formulation of not doing what one would not like done to themselves, to the positive formulation of actively doing good to another that, if the situations were reversed, one would desire that the other would do for them. This formulation, as indicated in the parable of the Good Samaritan, emphasizes the needs for positive action that brings benefit to another, not simply restraining oneself from negative activities that hurt another. Taken as a rule of judgment, both formulations of the golden rule, the negative and positive, are equally applicable.[36]

The Golden Rule: Not So Golden Anymore: https://philosophynow.org/issues/74/The_Golden_Rule_Not_So_Golden_Anymore
Pluralism is the most serious problem facing liberal democracies today. We can no longer ignore the fact that cultures around the world are not simply different from one another, but profoundly so; and the most urgent area in which this realization faces us is in the realm of morality. Western democratic systems depend on there being at least a minimal consensus concerning national values, especially in regard to such things as justice, equality and human rights. But global communication, economics and the migration of populations have placed new strains on Western democracies. Suddenly we find we must adjust to peoples whose suppositions about the ultimate values and goals of life are very different from ours. A clear lesson from events such as 9/11 is that disregarding these differences is not an option. Collisions between worldviews and value systems can be cataclysmic. Somehow we must learn to manage this new situation.

For a long time, liberal democratic optimism in the West has been shored up by suppositions about other cultures and their differences from us. The cornerpiece of this optimism has been the assumption that whatever differences exist they cannot be too great. A core of ‘basic humanity’ surely must tie all of the world’s moral systems together – and if only we could locate this core we might be able to forge agreements and alliances among groups that otherwise appear profoundly opposed. We could perhaps then shelve our cultural or ideological differences and get on with the more pleasant and productive business of celebrating our core agreement. One cannot fail to see how this hope is repeated in order buoy optimism about the Middle East peace process, for example.


It becomes obvious immediately that no matter how widespread we want the Golden Rule to be, there are some ethical systems that we have to admit do not have it. In fact, there are a few traditions that actually disdain the Rule. In philosophy, the Nietzschean tradition holds that the virtues implicit in the Golden Rule are antithetical to the true virtues of self-assertion and the will-to-power. Among religions, there are a good many that prefer to emphasize the importance of self, cult, clan or tribe rather than of general others; and a good many other religions for whom large populations are simply excluded from goodwill, being labeled as outsiders, heretics or … [more]
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april 2018 by nhaliday
Unaligned optimization processes as a general problem for society
TL;DR: There are lots of systems in society which seem to fit the pattern of “the incentives for this system are a pretty good approximation of what we actually want, so the system produces good results until it gets powerful, at which point it gets terrible results.”


Here are some more places where this idea could come into play:

- Marketing—humans try to buy things that will make our lives better, but our process for determining this is imperfect. A more powerful optimization process produces extremely good advertising to sell us things that aren’t actually going to make our lives better.
- Politics—we get extremely effective demagogues who pit us against our essential good values.
- Lobbying—as industries get bigger, the optimization process to choose great lobbyists for industries gets larger, but the process to make regulators robust doesn’t get correspondingly stronger. So regulatory capture gets worse and worse. Rent-seeking gets more and more significant.
- Online content—in a weaker internet, sites can’t be addictive except via being good content. In the modern internet, people can feel addicted to things that they wish they weren’t addicted to. We didn’t use to have the social expertise to make clickbait nearly as well as we do it today.
- News—Hyperpartisan news sources are much more worth it if distribution is cheaper and the market is bigger. News sources get an advantage from being truthful, but as society gets bigger, this advantage gets proportionally smaller.


For these reasons, I think it’s quite plausible that humans are fundamentally unable to have a “good” society with a population greater than some threshold, particularly if all these people have access to modern technology. Humans don’t have the rigidity to maintain social institutions in the face of that kind of optimization process. I think it is unlikely but possible (10%?) that this threshold population is smaller than the current population of the US, and that the US will crumble due to the decay of these institutions in the next fifty years if nothing totally crazy happens.
ratty  thinking  metabuch  reflection  metameta  big-yud  clever-rats  ai-control  ai  risk  scale  quality  ability-competence  network-structure  capitalism  randy-ayndy  civil-liberty  marketing  institutions  economics  political-econ  politics  polisci  advertising  rent-seeking  government  coordination  internet  attention  polarization  media  truth  unintended-consequences  alt-inst  efficiency  altruism  society  usa  decentralized  rhetoric  prediction  population  incentives  intervention  criminal-justice  property-rights  redistribution  taxes  externalities  science  monetary-fiscal  public-goodish  zero-positive-sum  markets  cost-benefit  regulation  regularizer  order-disorder  flux-stasis  shift  smoothness  phase-transition  power  definite-planning  optimism  pessimism  homo-hetero  interests  eden-heaven  telos-atelos  threat-modeling  alignment 
february 2018 by nhaliday
The 5 Biggest Tax Credits You Might Qualify For - TurboTax Tax Tips & Videos
One of the most substantial credits for taxpayers is the Earned Income Tax Credit. Established in 1975—in part to offset the burden of Social Security taxes and to provide an incentive to work—the EITC is determined by income and is phased in according to filing status: single, married filing jointly or either of those with children. Eligibility and the amount of the credit are based on adjusted gross income, earned income and investment income.

A person must be at least 25 years old and younger than 65 to qualify. If married, both spouses must have valid Social Security numbers and must have lived in the country for more than six months. If you may be claimed as a dependent on another filer's tax return, you do not qualify.

Those "married filing separately" do not qualify for the EITC, said Louis Barajas, a Santa Fe Springs, California-based financial planner and author who serves many low-to-moderate-income families in his boutique planning firm, Louis Barajas Wealth Planning.
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december 2017 by nhaliday
As a foundation for this study, I organized the collection of village-level panel data on violent actors, managing teams of surveyors, village elders, and households in 380 war-torn areas of DRC. I introduce optimal taxation theory to the decision of violent actors to establish local monopolies of violence. The value of such decision hinges on their ability to tax the local population. A sharp rise in the global demand for coltan, a bulky commodity used in the electronics industry, leads violent actors to impose monopolies of violence and taxation in coltan sites, which persist even years after demand collapses. A similar rise in the demand for gold, easier to conceal and more difficult to tax, does not. However, the groups who nevertheless control gold sites are more likely to respond by undertaking investments in fiscal capacity, consistent with the difficulty to observe gold, and with well-documented trajectories of state formation in Europe (Ardant, 1975). The findings support the view that the expected revenue from taxation, determined in particular by tax base elasticity and costly investments in fiscal capacity, can explain the stages of state formation preceding the states as we recognize them today.
pdf  study  economics  growth-econ  broad-econ  political-econ  polisci  leviathan  north-weingast-like  unintended-consequences  institutions  microfoundations  econometrics  empirical  government  taxes  rent-seeking  supply-demand  incentives  property-rights  africa  developing-world  peace-violence  interests  longitudinal  natural-experiment  endogenous-exogenous  archaeology  trade  world  feudal  roots  ideas  cost-benefit  econ-productivity  traces 
november 2017 by nhaliday
Race, Religion, and Immigration in… | Democracy Fund Voter Study Group
Figure 2 The Relationship between 2011 Attitudes and Vote Choices in 2012

Third, although perceptions of the economy are related to vote choice in both years—unsurprisingly, people who believed the economy was doing worse were more likely to vote for the out-party Republicans—its effect is similar in both years. This suggests that the 2016 vote choice was not uniquely about “economic anxiety.”

The results also show that certain factors were less strongly related to voters’ choice in 2016 than they were in 2012: social issue attitudes, economic issue attitudes, and, more notably, party identification. The smaller impact of party identification reflects the larger number of defections in 2016, as compared to 2012.

What stands out most, however, is the attitudes that became more strongly related to the vote in 2016: attitudes about immigration, feelings toward black people, and feelings toward Muslims. This pattern fits the prevailing discourse of the two campaigns and the increased attention to issues involving ethnic, racial, and religious minorities in 2016.(v)
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november 2017 by nhaliday
Fortifications and Democracy in the Ancient Greek World by Josiah Ober, Barry Weingast :: SSRN
- Joshiah Ober, Barry Weingast

In the modern world, access-limiting fortification walls are not typically regarded as promoting democracy. But in Greek antiquity, increased investment in fortifications was correlated with the prevalence and stability of democracy. This paper sketches the background conditions of the Greek city-state ecology, analyzes a passage in Aristotle’s Politics, and assesses the choices of Hellenistic kings, Greek citizens, and urban elites, as modeled in a simple game. The paper explains how city walls promoted democracy and helps to explain several other puzzles: why Hellenistic kings taxed Greek cities at lower than expected rates; why elites in Greek cities supported democracy; and why elites were not more heavily taxed by democratic majorities. The relationship between walls, democracy, and taxes promoted continued economic growth into the late classical and Hellenistic period (4th-2nd centuries BCE), and ultimately contributed to the survival of Greek culture into the Roman era, and thus modernity. We conclude with a consideration of whether the walls-democracy relationship holds in modernity.

'Rulers Ruled by Women': An Economic Analysis of the Rise and Fall of Women's Rights in Ancient Sparta by Robert K. Fleck, F. Andrew Hanssen: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=788106
Throughout most of history, women as a class have possessed relatively few formal rights. The women of ancient Sparta were a striking exception. Although they could not vote, Spartan women reportedly owned 40 percent of Sparta's agricultural land and enjoyed other rights that were equally extraordinary. We offer a simple economic explanation for the Spartan anomaly. The defining moment for Sparta was its conquest of a neighboring land and people, which fundamentally changed the marginal products of Spartan men's and Spartan women's labor. To exploit the potential gains from a reallocation of labor - specifically, to provide the appropriate incentives and the proper human capital formation - men granted women property (and other) rights. Consistent with our explanation for the rise of women's rights, when Sparta lost the conquered land several centuries later, the rights for women disappeared. Two conclusions emerge that may help explain why women's rights have been so rare for most of history. First, in contrast to the rest of the world, the optimal (from the men's perspective) division of labor among Spartans involved women in work that was not easily monitored by men. Second, the rights held by Spartan women may have been part of an unstable equilibrium, which contained the seeds of its own destruction.
study  broad-econ  economics  polisci  political-econ  institutions  government  north-weingast-like  democracy  walls  correlation  polis  history  mediterranean  iron-age  the-classics  microfoundations  modernity  comparison  architecture  military  public-goodish  elite  civic  taxes  redistribution  canon  literature  big-peeps  conquest-empire  rent-seeking  defense  models  GT-101  incentives  urban  urban-rural  speculation  interdisciplinary  cliometrics  multi  civil-liberty  gender  gender-diff  equilibrium  cycles  branches  labor  interests  property-rights  unintended-consequences  explanation  explanans  analysis  econ-productivity  context  arrows  micro  natural-experiment 
november 2017 by nhaliday
Review of Yuval Harari's Sapiens: A Brief History of Humankind.
Yuval Harari's prominent book Sapiens: A Brief History of Humankind gets a thorough and well deserved fisking by C.R. Hallpike.

For Harari the great innovation that separated us from the apes was what he calls the Cognitive Revolution, around 70,000 years ago when we started migrating out of Africa, which he thinks gave us the same sort of modern minds that we have now. 'At the individual level, ancient foragers were the most knowledgeable and skilful people in history...Survival in that area required superb mental abilities from everyone' (55), and 'The people who carved the Stadel lion-man some 30,000 years ago had the same physical, emotional, and intellectual abilities we have' (44). Not surprisingly, then, 'We'd be able to explain to them everything we know - from the adventures of Alice in Wonderland to the paradoxes of quantum physics - and they could teach us how their people view the world' (23).

It's a sweet idea, and something like this imagined meeting actually took place a few years ago between the linguist Daniel Everett and the Piraha foragers of the Amazon in Peru (Everett 2008). But far from being able to discuss quantum theory with them, he found that the Piraha couldn't even count, and had no numbers of any kind, They could teach Everett how they saw the world, which was entirely confined to the immediate experience of the here-and-now, with no interest in past or future, or really in anything that could not be seen or touched. They had no myths or stories, so Alice in Wonderland would have fallen rather flat as well.


Summing up the book as a whole, one has often had to point out how surprisingly little he seems to have read on quite a number of essential topics. It would be fair to say that whenever his facts are broadly correct they are not new, and whenever he tries to strike out on his own he often gets things wrong, sometimes seriously. So we should not judge Sapiens as a serious contribution to knowledge but as 'infotainment', a publishing event to titillate its readers by a wild intellectual ride across the landscape of history, dotted with sensational displays of speculation, and ending with blood-curdling predictions about human destiny. By these criteria it is a most successful book.
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november 2017 by nhaliday
Farm (revenue leasing) - Wikipedia
Tax farming was originally a Roman practice whereby the burden of tax collection was reassigned by the Roman State to private individuals or groups. In essence, these individuals or groups paid the taxes for a certain area and for a certain period of time and then attempted to cover their outlay by collecting money or saleable goods from the people within that area.[5] The system was set up by Gaius Gracchus in 123 BC primarily to increase the efficiency of tax collection within Rome itself but the system quickly spread to the Provinces.[6] Within the Roman Empire, these private individuals and groups which collected taxes in lieu of the bid (i.e. rent) they had paid to the state were known as publicani, of whom the best known is the disciple Matthew, a publicanus in the village of Capernaum in the province of Galilee. The system was widely abused, and reforms were enacted by Augustus and Diocletian.[7] Tax farming practices are believed to have contributed to the fall of the Western Roman Empire in Western Europe.[8]
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october 2017 by nhaliday
Biopolitics | West Hunter
I have said before that no currently popular ideology acknowledges well-established results of behavioral genetics, quantitative genetics, or psychometrics. Or evolutionary psychology.

What if some ideology or political tradition did? what could they do? What problems could they solve, what capabilities would they have?

Various past societies knew a few things along these lines. They knew that there were significant physical and behavioral differences between the sexes, which is forbidden knowledge in modern academia. Some knew that close inbreeding had negative consequences, which knowledge is on its way to the forbidden zone as I speak. Some cultures with wide enough geographical experience had realistic notions of average cognitive differences between populations. Some people had a rough idea about regression to the mean [ in dynasties], and the Ottomans came up with a highly unpleasant solution – the law of fratricide. The Romans, during the Principate, dealt with the same problem through imperial adoption. The Chinese exam system is in part aimed at the same problem.


At least some past societies avoided the social patterns leading to the nasty dysgenic trends we are experiencing today, but for the most part that is due to the anthropic principle: if they’d done something else you wouldn’t be reading this. Also to between-group competition: if you fuck your self up when others don’t, you may be well be replaced. Which is still the case.

If you were designing an ideology from scratch you could make use of all of these facts – not that thinking about genetics and selection hands you the solution to every problem, but you’d have more strings to your bow. And, off the top of your head, you’d understand certain trends that are behind the mountains of Estcarp, for our current ruling classes : invisible and unthinkable, That Which Must Not Be Named. .

“The closest…s the sort of libertarianism promulgated by Charles Murray”
Not very close..
A government that was fully aware of the implications and possibilities of human genetics, one that had the usual kind of state goals [ like persistence and increased power] , would not necessarily be particularly libertarian.

And giving tax breaks to college-educated liberals to have babies wouldn’t appeal much to Trump voters, methinks.

It might be worth making a reasonably comprehensive of the facts and preferences that a good liberal is supposed to embrace and seem to believe. You would have to be fairly quick about it, before it changes. Then you could evaluate about the social impact of having more of them.

Rise and Fall: https://westhunt.wordpress.com/2018/01/18/rise-and-fall/
Every society selects for something: generally it looks as if the direction of selection pressue is more or less an accident. Although nations and empires in the past could have decided to select men for bravery or intelligence, there’s not much sign that anyone actually did this. I mean, they would have known how, if they’d wanted to, just as they knew how to select for destriers, coursers, and palfreys. It was still possible to know such things in the Middle Ages, because Harvard did not yet exist.

A rising empire needs quality human capital, which implies that at minimum that budding imperial society must not have been strongly dysgenic. At least not in the beginning. But winning changes many things, possibly including selective pressures. Imagine an empire with substantial urbanization, one in which talented guys routinely end up living in cities – cities that were demographic sinks. That might change things. Or try to imagine an empire in which survival challenges are greatly reduced, at least for elites, so that people have nothing to keep their minds off their minds and up worshiping Magna Mater. Imagine that an empire that conquers a rival with interesting local pathogens and brings some of them home. Or one that uses up a lot of its manpower conquering less-talented subjects and importing masses of those losers into the imperial heartland.

If any of those scenarios happened valid, they might eventually result in imperial decline – decline due to decreased biological capital.

Right now this is speculation. If we knew enough about the GWAS hits for intelligence, and had enough ancient DNA, we might be able to observe that rise and fall, just as we see dysgenic trends in contemporary populations. But that won’t happen for a long time. Say, a year.

hmm: https://westhunt.wordpress.com/2018/01/18/rise-and-fall/#comment-100350
“Although nations and empires in the past could have decided to select men for bravery or intelligence, there’s not much sign that anyone actually did this.”

Maybe the Chinese imperial examination could effectively have been a selection for intelligence.
Nope. I’ve modelled it: the fraction of winners is far too small to have much effect, while there were likely fitness costs from the arduous preparation. Moreover, there’s a recent
paper [Detecting polygenic adaptation in admixture graphs] that looks for indications of when selection for IQ hit northeast Asia: quite a while ago. Obvious though, since Japan has similar scores without ever having had that kind of examination system.

decline of British Empire and utility of different components: https://westhunt.wordpress.com/2018/01/18/rise-and-fall/#comment-100390
Once upon a time, India was a money maker for the British, mainly because they appropriate Bengali tax revenue, rather than trade. The rest of the Empire was not worth much: it didn’t materially boost British per-capita income or military potential. Silesia was worth more to Germany, conferred more war-making power, than Africa was to Britain.
If you get even a little local opposition, a colony won’t pay for itself. I seem to remember that there was some, in Palestine.
Angels from on high paid for the Boer War.

You know, someone in the 50’s asked for the numbers – how much various colonies cost and how much they paid.

Turned out that no one had ever asked. The Colonial Office had no idea.
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october 2017 by nhaliday
Tax Evasion and Inequality
This paper attempts to estimate the size and distribution of tax evasion in rich countries. We combine stratified random audits—the key source used to study tax evasion so far—with new micro-data leaked from two large offshore financial institutions, HSBC Switzerland (“Swiss leaks”) and Mossack Fonseca (“Panama Papers”). We match these data to population-wide wealth records in Norway, Sweden, and Denmark. We find that tax evasion rises sharply with wealth, a phenomenon that random audits fail to capture. On average about 3% of personal taxes are evaded in Scandinavia, but this figure rises to about 30% in the top 0.01% of the wealth distribution, a group that includes households with more than $40 million in net wealth. A simple model of the supply of tax evasion services can explain why evasion rises steeply with wealth. Taking tax evasion into account increases the rise in inequality seen in tax data since the 1970s markedly, highlighting the need to move beyond tax data to capture income and wealth at the top, even in countries where tax compliance is generally high. We also find that after reducing tax evasion—by using tax amnesties—tax evaders do not legally avoid taxes more. This result suggests that fighting tax evasion can be an effective way to collect more tax revenue from the ultra-wealthy.

Figure 1

America’s unreported economy: measuring the size, growth and determinants of income tax evasion in the U.S.: https://link.springer.com/article/10.1007/s10611-011-9346-x
This study empirically investigates the extent of noncompliance with the tax code and examines the determinants of federal income tax evasion in the U.S. Employing a refined version of Feige’s (Staff Papers, International Monetary Fund 33(4):768–881, 1986, 1989) General Currency Ratio (GCR) model to estimate a time series of unreported income as our measure of tax evasion, we find that 18–23% of total reportable income may not properly be reported to the IRS. This gives rise to a 2009 “tax gap” in the range of $390–$540 billion. As regards the determinants of tax noncompliance, we find that federal income tax evasion is an increasing function of the average effective federal income tax rate, the unemployment rate, the nominal interest rate, and per capita real GDP, and a decreasing function of the IRS audit rate. Despite important refinements of the traditional currency ratio approach for estimating the aggregate size and growth of unreported economies, we conclude that the sensitivity of the results to different benchmarks, imperfect data sources and alternative specifying assumptions precludes obtaining results of sufficient accuracy and reliability to serve as effective policy guides.
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october 2017 by nhaliday
Constraining the Samurai: Rebellion and Taxation in Early Modern Japan | International Studies Quarterly | Oxford Academic
We study the extent to which peasant-led rebellions and collective desertion (“flight”) lowered the subsequent tax rate imposed by samurai rulers. Using newly compiled data on different types of peasant-led political mobilization—from petitions to insurrections—we find an association between, on the one hand, large-scale rebellions and flight and, on the other, lower tax rates.
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september 2017 by nhaliday
GOP tax plan would provide major gains for richest 1%, uneven benefits for the middle class, report says - The Washington Post
Trump tweets: For his voters.
Tax plan: Something else entirely.
This is appallingly stupid if accurate


Treasury Removes Paper at Odds With Mnuchin’s Take on Corporate-Tax Cut’s Winners: https://www.wsj.com/articles/treasury-removes-paper-at-odds-with-mnuchins-take-on-corporate-tax-cuts-winners-1506638463

Tax changes for graduate students under the Tax Cuts and Jobs Act: https://bcide.gitlab.io/post/gop-tax-plan/
H.R.1 – 155th Congress (Tax Cuts and Jobs Act) 1 proposes changes to the US Tax Code that threatens to destroy the finances of STEM graduate students nationwide. The offending provision, 1204(a)(3), strikes section 117(d) 2 of the US Tax Code. This means that under the proposal, tuition waivers are considered taxable income.

For graduate students, this means an increase of thousands of dollars in owed federal taxes. Below I show a calculation for my own situation. The short of it is this: My federal taxes increase from ~7.5% of my income to ~31%. I will owe about $6300 more in federal taxes under this legislation. Like many other STEM students, my choices would be limited to taking on significant debt or quitting my program entirely.

The Republican War on College: https://www.theatlantic.com/business/archive/2017/11/republican-college/546308/

Trump's plan to tax colleges will harm higher education — but it's still a good idea: http://www.businessinsider.com/trump-tax-plan-taxing-colleges-is-a-good-idea-2017-11
- James Miller

The Republican Tax Plan Is a Disaster for Families With Children: http://www.motherjones.com/kevin-drum/2017/11/the-republican-tax-plan-is-a-disaster-for-families-with-children/
- Kevin Drum

The gains from cutting corporate tax rates: http://marginalrevolution.com/marginalrevolution/2017/11/corporate-taxes-2.html
I’ve been reading in this area on and off since the 1980s, and I really don’t think these are phony results.

Entrepreneurship and State Taxation: https://www.federalreserve.gov/econres/feds/files/2018003pap.pdf
We find that new firm employment is negatively—and disproportionately—affected by corporate tax rates. We find little evidence of an effect of personal and sales taxes on entrepreneurial outcomes.

nobody in the comments section seems to have even considered the comparison with universities

The GOP Tax Bills Are Infrastructure Bills Too. Here’s Why.: http://www.governing.com/topics/transportation-infrastructure/gov-republican-tax-bills-impact-infrastructure.html
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september 2017 by nhaliday
A simple minded approach – spottedtoad
The Affordable Care Act was a famously complicated bill, but at a very simple level, its intent and effect were to drive more economic activity into the health care sector. Young people and the near poor, in particular, would get more treatment, because the bill would use carrots (the subsidies and Medicaid expansion) and sticks (the mandate) to get them insurance. In fiscal terms, the bill raised taxes on the rich to pay for the subsidies and Medicaid expansion.

So at a basic level, the question for everyone about the bill was (and is), was American economic activity in 2010 insufficiently focused on health care? Not whether any individual deserved more care, but whether in aggregate we were spending enough.

If you read what Peter Orszag or other wonks in the Administration were saying at the time, the intent of the bill was to bend the cost curve and reduce total expenditure by limiting what Medicare reimbursed, using various pilot programs to find out what kinds of treatments were ineffective, get some death panels up and running, and so on.

But that’s bullshit. You made more money available, so more money was going to get spent.

The death panels were real, of course, but they were mostly for young people instead of the old, as it turned out.
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september 2017 by nhaliday
Does Polarization Imply Poor Representation? A New Perspective on the “Disconnect” Between Politicians and Voters*
Broockman-Ahler 2015

immigration positions under B.2: http://www.dougahler.com/uploads/2/4/6/9/24697799/ahler_broockman_ideological_innocence.pdf#page=42
distribution: http://www.dougahler.com/uploads/2/4/6/9/24697799/ahler_broockman_ideological_innocence.pdf#page=53

38% support immediate mass deportation of all illegals (Broockman 2015). This view has zero representation in either house of congress.

Do you understand the GOP play here by the way? I'm genuinely puzzled. Is it a moral conviction? Because it can't be a vote play.
In my view it's a mix of mindless sentimentality, the donor class, and existing in an hermetically sealed ideological bubble.

cheap labor lobby, public choice (votes), & subversive elites gripped by multiculti zealotry

In a 2014 radio interview, Paul Ryan was asked if "immigrants from the 3rd world are more or less likely to support conservative policies":
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september 2017 by nhaliday
Ideas were not enough | Aeon
- Mark Koyama
some funny art here: https://en.wikipedia.org/wiki/Catholic_League_(French)
The Difficulty of Ruling over a Diverse Nation (1578): https://publicdomainreview.org/collections/the-difficulty-of-ruling-over-a-diverse-nation-1578/
16th-century Dutch engraving depicting a fantastical animal with the heads of various other animals sprouting from its body: an allegory for the difficulty of ruling over a diverse nation. In the background, watching on, can be seen a small mob or leaders, both secular and religious. This work by Antwerp-based artist Pieter van der Borcht the Elder, with its image of a confused and troubled body politic, is perhaps just as relevant now as it was then.
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september 2017 by nhaliday
Trust in Large Organizations
We argue that trust should be particularly important for the performance of large organizations. In a cross-section of countries, evidence on government performance, participation in civic and professional societies, importance of large firms, and the performance of social institutions more generally supports this hypothesis. Moreover, trust is lower in countries with dominant hierarchical religions, which may have deterred networks of cooperation trust hold up remarkably well on a cross-section of countries.

The Importance of Trust for Investment: Evidence from Venture Capital: http://www.nber.org/papers/w16923
We examine the effect of trust on financial investment and contracting decisions in a micro-economic environment where trust is exogenous. Using hand-collected data on European venture capital, we show that the Eurobarometer measure of trust among nations significantly affects investment decisions. This holds even after controlling for investor and company fixed effects, geographic distance, information and transaction costs. The national identity of venture capital firms' individual partners further contributes to the effect of trust. Education and work experience reduce the effect of trust but do not eliminate it. We also examine the relationship between trust and sophisticated contracts involving contingent control rights and find that, even after controlling for endogeneity, they are complements, not substitutes.

Breach of Trust in Hostile Takeovers: http://www.nber.org/papers/w2342
The paper questions the common view that share price increases of firms involved in hostile takeovers measure efficiency gains from acquisitions. Even if such gains exist, most of the increase in the combined value of the target and the acquirer is likely to come from stakeholder wealth losses, such as declines in value of subcontractors' firm-specific capital or employees' human capital. The use of event studies to gauge wealth creation in takeovers is unjustified. The paper also suggests a theory of managerial behavior, in which hiring and entrenching trustworthy managers enables shareholders to commit to upholding implicit contracts with stakeholders. Hostile takeovers are an innovation allowing shareholders to renege on such contracts ex post, against managers' will. On this view, shareholder gains are redistributions from stakeholders, and can in the long run result in deterioration of trust necessary for the functioning of the corporation.

Trust in Public Finance: http://www.nber.org/papers/w9187
Using data on trust and trustworthiness from the 1990 wave of the World Values Survey, I first investigate a model of the extent of tax cheating and the size of government that recognizes the interdependence of the two. The results reveal that tax cheating is lower in countries that exhibit more (not-government-related) trustworthiness. However, holding that constant, tax cheating becomes more acceptable as government grows. All in all, there is some weak evidence that the strong positive cross-country correlation between the size of government and tax cheating masks the fact that big government induces tax cheating while, at the same time, tax cheating constrains big government. I then add to the structural model an equation determining the level of prosperity, allowing prosperity to depend, inter alia, on the level of government and on trust in others. I find some evidence that both prosperity and government involvement are higher in more trusting societies. Moreover, holding these measures of trust constant, the association of government size with prosperity is positive until a level of government spending somewhere between 31% and 38% of GDP, after which its marginal effect is negative. Thus, although a trusting citizenry allows larger government, the tax burden this entails erodes the rule obedience taxpayers exhibit toward government.

Tax cheating among whites: http://anepigone.blogspot.com/2017/04/tax-cheating-among-whites.html
The masses still more or less assume that “against the law” is a synonym for “wrong.” It is known that the criminal law is harsh and full of anomalies and that litigation is so expensive as always to favour the rich against the poor: but there is a general feeling that the law, such as it is, will be scrupulously administered … An Englishman does not believe in his bones, as a Spanish or Italian peasant does, that the law is simply a racket.

The English People, Collins, 1947

WEIRDO societies require WEIRDOs to make them work. The less WEIRDO a society becomes, the more being a WEIRDO--characterized by high social trust, reciprocity, political compromise, generosity to those in need, isonomy, etc--switches from being an advantage to being a disadvantage. Social trust declines, reciprocity disappears, political compromise is replaced by a winner-take-all ethnic spoils system, generosity is exploited to the point that it is seen as an entitlement, and the legal system gets hijacked by racial grievance concepts like "social justice". It's a vicious circle.

Theodore Roosevelt
Third Annual Message
December 7, 1903

The consistent policy of the National Government, so far as it has the power, is to hold in check the unscrupulous man, whether employer or employee; but to refuse to weaken individual initiative or to hamper or cramp the industrial development of the country. We recognize that this is an era of federation and combination, in which great capitalistic corporations and labor unions have become factors of tremendous importance in all industrial centers. Hearty recognition is given the far-reaching, beneficent work which has been accomplished through both corporations and unions, and the line as between different corporations, as between different unions, is drawn as it is between different individuals; that is, it is drawn on conduct, the effort being to treat both organized capital and organized labor alike; asking nothing save that the interest of each shall be brought into harmony with the interest of the general public, and that the conduct of each shall conform to the fundamental rules of obedience to law, of individual freedom, and of justice and fair dealing towards all. Whenever either corporation, labor union, or individual disregards the law or acts in a spirit of arbitrary and tyrannous interference with the rights of others, whether corporations or individuals, then where the Federal Government has jurisdiction, it will see to it that the misconduct is stopped, paying not the slightest heed to the position or power of the corporation, the union or the individual, but only to one vital fact--that is, the question whether or not the conduct of the individual or aggregate of individuals is in accordance with the law of the land. Every man must be guaranteed his liberty and his right to do as he likes with his property or his labor, so long as he does not infringe the rights of others. _No man is above the law and no man is below it; nor do we ask any man's permission when we require him to obey it. Obedience to the law is demanded as a right; not asked as a favor._
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august 2017 by nhaliday
Amendment I (Religion): Edmund Burke, Speech on Conciliation with the Colonies
It happened, you know, Sir, that the great contests for freedom in this country were from the earliest times chiefly upon the question of taxing. Most of the contests in the ancient commonwealths turned primarily on the right of election of magistrates; or on the balance among the several orders of the state. The question of money was not with them so immediate. But in England it was otherwise. On this point of taxes the ablest pens, and most eloquent tongues, have been exercised; the greatest spirits have acted and suffered.
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july 2017 by nhaliday
Yale Law Journal - Amazon's Antitrust Paradox
This Note argues that the current framework in antitrust—specifically its pegging competition to “consumer welfare,” defined as short-term price effects—is unequipped to capture the architecture of market power in the modern economy. We cannot cognize the potential harms to competition posed by Amazon’s dominance if we measure competition primarily through price and output. Specifically, current doctrine underappreciates the risk of predatory pricing and how integration across distinct business lines may prove anticompetitive. These concerns are heightened in the context of online platforms for two reasons. First, the economics of platform markets create incentives for a company to pursue growth over profits, a strategy that investors have rewarded. Under these conditions, predatory pricing becomes highly rational—even as existing doctrine treats it as irrational and therefore implausible. Second, because online platforms serve as critical intermediaries, integrating across business lines positions these platforms to control the essential infrastructure on which their rivals depend. This dual role also enables a platform to exploit information collected on companies using its services to undermine them as competitors.

Amazon Must Be Stopped: https://newrepublic.com/article/119769/amazons-monopoly-must-be-broken-radical-plan-tech-giant

Amazon Will Go To Denver: https://gnxp.nofe.me/2017/09/10/amazon-will-go-to-denver/
Real things cities are offering to get Amazon HQ2
*Chicago: Let Amazon keep employees' income tax
*SoCal: Give away $100M in land
*Boston: City employees working just for Amazon
*Fresno: Let Amazon decide how to spend tax dollars

Washington, D.C., might have a leg up, having already hosted Amazon Chief Executive Jeff Bezos for visits when he considered acquiring the Washington Post, which he now owns. Mr. Bezos also purchased the former Textile Museum in Washington’s Kalorama neighborhood for $23 million in 2016 and is currently turning it into a private residence.

28-year-old makes millions buying from Walmart, selling on Amazon: https://www.msn.com/en-us/money/companies/28-year-old-makes-millions-buying-from-walmart-selling-on-amazon/ar-AAupB8i

Thread: Why Amazon’s HQ2 is going to Fairfax County


walmart is the only entity that has even a slim chance at preventing jeff bezos from intermediating every commodity exchange in the world, u must respect

"I tried to save you, but you didn't listen. Now you'll have to face Him alone..."

What Amazon does to wages: https://www.economist.com/news/united-states/21735020-worlds-largest-retailer-underpaying-its-employees-what-amazon-does-wages
Is the world’s largest retailer underpaying its employees?

Flat or falling industry wages are common in the cities and towns where Amazon opens distribution centres, according to an analysis by The Economist. Government figures show that after Amazon opens a storage depot, local wages for warehouse workers fall by an average of 3%. In places where Amazon operates, such workers earn about 10% less than similar workers employed elsewhere.

What Amazon Does to Poor Cities: https://www.theatlantic.com/business/archive/2018/02/amazon-warehouses-poor-cities/552020/
The debate over Amazon’s HQ2 obscures the company’s rapid expansion of warehouses in low-income areas.

The Facts Behind Trump’s Tweets on Amazon, Taxes and the Postal Service: https://www.nytimes.com/2018/03/29/us/politics/trump-amazon-post-office-fact-check.html

If Workers Slack Off, the Wristband Will Know. (And Amazon Has a Patent for It.): https://www.nytimes.com/2018/02/01/technology/amazon-wristband-tracking-privacy.html

auto-management -> automation dystopia: http://marshallbrain.com/manna.htm

Amazon’s vision for the future: delivery drone beehives in every city: https://www.theverge.com/2017/6/23/15860668/amazon-drone-delivery-patent-city-centers
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june 2017 by nhaliday
Dadly adaptations | West Hunter
If we understood how this works, we might find that individuals and populations vary in their propensity to show paternal care ( for genetic reasons). I would guess that paternal care was ancestral in modern humans, but it’s easy enough to lose something like this when selective pressures no longer favor it. Wolves have paternal care, but dogs have lost it.

This could have something to do with better health in married men. High testosterone levels aren’t cost-free.

It’s possible that various modern environmental factors interfere with the triggers for dadliness. That would hardly be surprising, since we don’t really know how they work.

All this has a number of interesting social implications. Let’s see how many of them you guys can spot.

Poles in the Tent: https://westhunt.wordpress.com/2013/07/09/poles-in-the-tent/
I’m considering a different question: what was the impact of men’s contribution on their children’s survival and fitness? That’s not quite the same as the number of calories contributed. Food is not a single undifferentiated quantity: it’s a category, including a number of different kinds that can’t be freely substituted for each other. Proteins, fats, and carbohydrates can all serve as fuel, but you need protein to build tissue. And amino acids, the building blocks of proteins, are not all fungible. Some we can’t synthesize (essential amino acids) others can only be synthesized from a limited set of precursors, etc. Edible plants often have suboptimal mixes of amino acids ( too many Qs, not enough Us) , but I’ve never heard of this being a problem with meat. Then you have to consider essential fatty acids, vitamins, and trace elements.

In principle, if high-quality protein were the long pole in the tent, male provisioning of meat, which we see in chimpanzees, might matter quite a bit more than you would think from the number of calories alone. I’m not say that is necessarily the case, but it might be, and it’s worth checking out.

Sexual selection vs job specialization: https://westhunt.wordpress.com/2017/10/02/sexual-selection-vs-job-specialization/
Pretty much every species is subject to sexual selection: heritable characteristics that lead to more mates or better mates can be favored by natural selection. Typically, sexual selection favors different strategies in males and females. Generally, males can gain fitness with increased mating opportunities, while females gain more from high-quality mates or mates that confer resources. Since the variance in reproduction is usually greater in males than females, sexual selection is usually stronger in males, although it exists and is significant in both sexes.

Usually, though, males and females of a given species have very similar ways of making a living. A male deer and a female deer both eat grass or arugula or whatever. Sexual selection may drive them to evolve in different directions, but finding something to eat mostly drives them in the same direction.

Humans are an exception. In the long past, men hunted and women gathered. The mix varied: in Arctic regions, men produce almost all the food (while women made and repaired gear, as well as raising children). In groups like the Bushmen, women produced most of the calories, but done rightly you would count more than calories: if most of the local plants had low protein or low-quality protein (wrong amino acid mix), meat from hunting could be important out of proportion to its caloric value.

This has been going for a long time, so there must have been selection for traits that aided provisioning ability in each sex. Those job-related selective pressures probably changed with time. For example, male strength may have become less valuable when the Bushmen developed poison arrows.

I was looking for an intelligent discussion of this question – but I ran into this and couldn’t force myself to read further: ” It should not simply be assumed that the exclusion of women from hunting rests upon “natural” physiological differences. ”

God give me strength.

What does Greg think about the “plows vs hoes” theory? (As seen here, although Sarah Constantin didn’t invent it.)

The claim is that some societies adopted farming (Europe, the Middle East, Asia) while some societies adopted horticulture (Oceana, sub-Saharan Africa, various primitive peoples) and that this had an affect on gender relations.

Basically: farming is backbreaking work, which favours males, giving them a lot of social capital. You end up with a patriarchal kind of society, where the men do stuff and the women are mostly valuable for raising offspring.


It’s kinda true, in places. There is a connection I haven’t seen explicated: the ‘hoe culture” has to have some factor keeping population density low, so that labor is scarcer than land. Tropical diseases like malaria might be part of that. Then again, crops like yams don’t store well, better to keep them in the ground until eating. That means it’s hard to tax people – easy with grain bins. No taxes -> no State – > high local violence. At times, VD may also help limit density, cf Africa’s ‘sterility belt’.

I am not a Moron: https://westhunt.wordpress.com/2017/11/03/i-am-not-a-moron/
So said Augustin Fuentes on Twitter, a few days ago. He’s the same guy that said “Genes don’t do anything by themselves; epigenetics and complex metabolic and developmental systems are at play in how bodies work. The roundworm C. elegans has about 20,000 genes while humans have about 23,000 genes, yet it is pretty obvious that humans are more than 15-percent more complex than roundworms. So while genes matter, they are only a small part of the whole evolutionary picture. Focusing just on DNA won’t get you anywhere.”

Fuentes was claiming that we don’t really know that, back in prehistory, men did most of the hunting while women gathered.


Someone (Will@Evolving _Moloch) criticized this as a good candidate for the most misleading paragraph ever written. The folly of youth! When you’ve been around as long as I have, sonny, you will realize how hard it is to set records for stupidity.

Fuente’s para is multidimensional crap, of course. People used to hunt animals like red deer, or bison, or eland: sometimes mammoths or rhinos. Big animals. Back in the day, our ancestors used stabbing spears, which go back at least half a million years. Stand-off weapons like atlatls, or bows, or JSOW, are relatively recent. Hunters took big risks & suffered frequent injuries. Men are almost twice as strong as women, particularly in upper-body strength, which is what matters in spear-chucking. They’re also faster, which can be very important which your ambush fails.
So men did the hunting. This isn’t complicated.

Which contemporary hunter-gather societies followed this pattern, had men do almost all of the big-game hunting? All of them.


Look, feminists aren’t happy with human nature, the one that actually exists and is the product of long-term evolutionary pressures. Too bad for them. When they say stuff like “It should not simply be assumed that the exclusion of women from hunting rests upon “natural” physiological differences. “, they just sound like fools.. ‘natural physiological differences” exist. They’re as obvious a punch in the kisser.

Suppose you wanted to construct a society with effective sexual equality – which is probably just a mistake, but suppose it. The most effective approach would surely entail knowing and taking into account how the world actually ticks. You’d be better off understanding that about 6,000 genes (out of 20,000) show significant expression differences between the sexes, than by pretending that we’re all the same. You would to make it so: by hook or by crook, by state force and genetic engineering.

Similarly, if you want to minimize war, pretending that people aren’t warlike is a poor start – about as sensible as fighting forest fires by pretending that trees aren’t flammable.

My advice to Augustin Fuentes, about not being a moron: show, don’t tell.

Since DNA is the enduring part, the part that gets transmitted from one generation to the next, the part that contains the instructions/program that determine development and specify everything – he’s wrong. Stupid, like you. Well, to be fair, ignorant as well: there are technical aspects of genetics that Agustin Fuentes is unlikely to know anything about, things that are almost never covered in the typical education of an anthropologist. I doubt if he knows what a Fisher wave is, or anything about selfish genetic elements, or coalescent theory, or for that matter the breeder’s equation.

There are a number of complex technical subjects, things that at least some people understand: those people can do stuff that the man in the street can’t. In most cases, amateurs don’t jump in and pretend to know what’s going on. For example you don’t hear much concerning amateur opinions concerning detonation physics or group theory. But they’re happy to have opinions about natural selection, even though they know fuck-all about it.

"Significantly fewer females are present at hunts than males...females tend to appear at the hunting site once the capture has been made..."

“Women in Tech”: https://bloodyshovel.wordpress.com/2017/10/26/women-in-tech/
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june 2017 by nhaliday
Tyler Cowen on Brexit, Steven Pinker, and Joseph McCarthy | askblog
Also, in my other post today, I mention an event on plutocracy co-sponsored by the Hudson Institute and The American Interest. Tyler Cowen makes remarks that have little or nothing to do with the article that he wrote for the event. Two of his more provocative opinions:

1. Steven Pinker may be wrong. Rather than mass violence following a benign trend, it could be cyclical. When there is a long peace, people become complacent, they allow bad leaders to take power and to run amok, and you get mass violence again. (Cowen argues that there are more countries now run by bad people than was the case a couple of decades ago)

2. Joseph McCarthy was not wrong. There were Soviet agents in influential positions. Regardless of what you think of that, the relevant point is that today Chinese and Russian plutocrats may have their tentacles in the U.S. and may be subtly causing the U.S. to be less of a liberal capitalist nation and more of a cronyist plutocracy.

hmm, the USPS stuff here: https://pinboard.in/u:nhaliday/b:fc443b256b1a
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june 2017 by nhaliday
Fig. 1: maximum possible Gini index still allowing subsistence of population (all surplus redistributed to 1 head honcho)
Fig. 2: scatter plot of Gini vs income, as well as possibility frontier

Ye Olde Inæqualitee Shoppe: https://pseudoerasmus.com/2014/10/01/inequality-possibility-frontier/
Gini indices, mean income, maximum feasible Gini, and "inequality extraction ratios" (gini2/max poss. inequality): https://pseudoerasmus.files.wordpress.com/2014/09/blwpg263.pdf
Growth and inequality in the great and little divergence debate: a Japanese perspective: http://onlinelibrary.wiley.com/doi/10.1111/ehr.12071/epdf
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june 2017 by nhaliday
Why I see academic economics moving left | askblog
I have a long essay on the scientific status of economics in National Affairs. A few excerpts from the conclusion:

In the end, can we really have effective theory in economics? If by effective theory we mean theory that is verifiable and reliable for prediction and control, the answer is likely no. Instead, economics deals in speculative interpretations and must continue to do so.

Young economists who employ pluralistic methods to study problems are admired rather than marginalized, as they were in 1980. But economists who question the wisdom of interventionist economic policies seem headed toward the fringes of the profession.

This is my essay in which I say that academic economics is on the road to sociology.

Property Is Only Another Name for Monopoly: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2818494
Hanson's take more positive: http://www.overcomingbias.com/2017/10/for-stability-rents.html

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may 2017 by nhaliday
Assortive mating and income inequality | West Hunter
More than in the past, we have doctors marrying other doctors, rather than nurses, basically because of an increase in assortative mating for education. Ceteris paribus, this would tend to cause greater income equality among families. Is it the main driver of increasing income inequality?

Not at all. Most of the increase over the last 30 years has been among business executives and people working in finance. Since 1979, 58% of the expansion of income of the top 1% of households has this origin. For the top 0.1% of households, it’s been 67%.


Now I’m about to say something a little dangerous – so get your nitroglycerin pills ready.

Maybe those finance guys and CEOs are delivering enormously more value than they did in the 1950s!

For those remaining readers that haven’t died laughing, increased assortative mating probably has contributed to income inequality. Just not very much. Changes in the tax code, outsourcing, automation, smothering the board of directors in cream, and inattentive stockholders all matter more.

capital gains: https://westhunt.wordpress.com/2014/03/21/assortive-mating-and-income-inequality/#comment-24318
Educational Homogamy and Assortative Mating Have Not Increased: http://sci-hub.tw/http://www.nber.org/papers/w22927.pdf
1960-2010, so all post WW2
Highly educated women partner more often “downwards” and medium educated women partner less often “upwards”
The new assortative mating (phenotypical, perhaps no change in genotypical assortative mating) due to women outnumbering men at university
If this means less genotypic assortative mating, then BAD NEWS: the smart fraction will shrink, and #decline will accelerate
Counterrevolutionary and reactionary elements warned it was a mistake to debauch higher education by over-expansion. Maybe they were right?
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may 2017 by nhaliday
Interview: Mostly Sealing Wax | West Hunter

- conformity and Google, defense and spying (China knows prob almost all our "secrets")
- in the past you could just find new things faster than people could reverse-engineer. part of the problem is that innovation is slowing down today (part of the reason for convergence by China/developing world).
- introgression from archaics of various kinds
- mutational load and IQ, wrath of khan neanderthal
- trade and antiquity (not that useful besides ideas tbh), Roman empire, disease, smallpox
- spices needed to be grown elsewhere, but besides that...
- analogy: caste system in India (why no Brahmin car repairmen?), slavery in Greco-Roman times, more water mills in medieval times (rivers better in north, but still could have done it), new elite not liking getting hands dirty, low status of engineers, rise of finance
- crookery in finance, hedge fund edge might be substantially insider trading
- long-term wisdom of moving all manufacturing to China...?
- economic myopia: British financialization before WW1 vis-a-vis Germany. North vs. South and cotton/industry, camels in Middle East vs. wagons in Europe
- Western medicine easier to convert to science than Eastern, pseudoscience and wrong theories better than bag of recipes
- Greeks definitely knew some things that were lost (eg, line in Pliny makes reference to combinatorics calculation rediscovered by German dude much later. think he's referring to Catalan numbers?), Lucio Russo book
- Indo-Europeans, Western Europe, Amerindians, India, British Isles, gender, disease, and conquest
- no farming (Dark Age), then why were people still farming on Shetland Islands north of Scotland?
- "symbolic" walls, bodies with arrows
- family stuff, children learning, talking dog, memory and aging
- Chinese/Japanese writing difficulty and children learning to read
- Hatfield-McCoy feud: the McCoy family was actually a case study in a neurological journal. they had anger management issues because of cancers of their adrenal gland (!!).

the Chinese know...: https://macropolo.org/casting-off-real-beijings-cryptic-warnings-finance-taking-economy/
Over the last couple of years, a cryptic idiom has crept into the way China’s top leaders talk about risks in the country’s financial system: tuo shi xiang xu (脱实向虚), which loosely translates as “casting off the real for the empty.” Premier Li Keqiang warned against it at his press conference at the end of the 2016 National People’s Congress (NPC). At this year’s NPC, Li inserted this very expression into his annual work report. And in April, while on an inspection tour of Guangxi, President Xi Jinping used the term, saying that China must “unceasingly promote industrial modernization, raise the level of manufacturing, and not allow the real to be cast off for the empty.”

Such an odd turn of phrase is easy to overlook, but it belies concerns about a significant shift in the way that China’s economy works. What Xi and Li were warning against is typically called financialization in developed economies. It’s when “real” companies—industrial firms, manufacturers, utility companies, property developers, and anyone else that produces a tangible product or service—take their money and, rather than put it back into their businesses, invest it in “empty”, or speculative, assets. It occurs when the returns on financial investments outstrip those in the real economy, leading to a disproportionate amount of money being routed into the financial system.

Bad day for Lehman Bros.
Good day for everyone else, then.
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may 2017 by nhaliday
What would count as an explanation of the size of China? - Marginal REVOLUTION
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may 2017 by nhaliday
America’s Most Anti-Reform Institution? The Media - WSJ
As team Trump digs into taxing, spending and health-care reform, it’s learning a vital lesson of Washington. Once a government benefit is given, it can never be taken away. If young people have been overcharged by ObamaCare so middle-aged people can be undercharged, then the solution is to undercharge young people too. The taxpayer—usually visualized as a hedge fund manager—can always pay more.
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april 2017 by nhaliday
Stanford Professor Loses Battle to Simplify Taxes | Hacker News
It didn't make it into law, partly due to lobbying by the likes of Intuit, but more interestingly, I thought, because Grover Norquist, the well known promoter of the "Taxpayer Protection Pledge" took the counterintuitive view that just making the process easier equated to a new tax, since taxpayers might end up paying taxes already on the books that they might have previously unintentionally evaded.
That to me is the most bizarre detail about this entire story. It's likely that it would have passed if not for the strange interpretation of one man to this not-a-new-tax of it effectively being a new tax, and his ability to sway the Republicans due to the political power his "Taxpayer Protection Pledge" holds over Republicans.


I think that a major component of Norquist's thinking is that the more painful people find taxes (including the process of calculating them) the more they'll support his agenda of "a government so small you could drown it in a bathtub".
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march 2017 by nhaliday
Deadweight loss - Wikipedia
Deadweight loss created by a binding price ceiling. Producer surplus is necessarily decreased, while consumer surplus may or may not increase; however the decrease in producer surplus must be greater than the increase (if any) in consumer surplus.
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february 2017 by nhaliday
Redistributing from Capitalists to Workers: An Impossibility Theorem, Garett Jones | EconLog | Library of Economics and Liberty
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february 2017 by nhaliday
Georgism - Wikipedia
land value tax. I wonder why so popular then and unknown now.
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january 2017 by nhaliday
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