nhaliday + acemoglu + causation   3

Annotating Greg Cochran’s interview with James Miller
https://westhunt.wordpress.com/2017/04/05/interview-2/
opinion of Scott and Hanson: https://westhunt.wordpress.com/2017/04/05/interview-2/#comment-90238
Greg's methodist: https://westhunt.wordpress.com/2017/04/05/interview-2/#comment-90256
https://westhunt.wordpress.com/2017/04/05/interview-2/#comment-90299
You have to consider the relative strengths of Japan and the USA. USA was ~10x stronger, industrially, which is what mattered. Technically superior (radar, Manhattan project). Almost entirely self-sufficient in natural resources. Japan was sure to lose, and too crazy to quit, which meant that they would lose after being smashed flat.
--
There’s a fairly common way of looking at things in which the bad guys are not at fault because they’re bad guys, born that way, and thus can’t help it. Well, we can’t help it either, so the hell with them. I don’t think we had to respect Japan’s innate need to fuck everybody in China to death.

https://westhunt.wordpress.com/2017/03/25/ramble-on/
https://westhunt.wordpress.com/2017/03/24/topics/
https://soundcloud.com/user-519115521/greg-cochran-part-1
2nd part: https://pinboard.in/u:nhaliday/b:9ab84243b967

some additional things:
- political correctness, the Cathedral and the left (personnel continuity but not ideology/value) at start
- joke: KT impact = asteroid mining, every mass extinction = intelligent life destroying itself
- Alawites: not really Muslim, women liberated because "they don't have souls", ended up running shit in Syria because they were only ones that wanted to help the British during colonial era
- solution to Syria: "put the Alawites in NYC"
- Zimbabwe was OK for a while, if South Africa goes sour, just "put the Boers in NYC" (Miller: left would probably say they are "culturally incompatible", lol)
- story about Lincoln and his great-great-great-grandfather
- skepticism of free speech
- free speech, authoritarianism, and defending against the Mongols
- Scott crazy (not in a terrible way), LW crazy (genetics), ex.: polyamory
- TFP or microbio are better investments than stereotypical EA stuff
- just ban AI worldwide (bully other countries to enforce)
- bit of a back-and-forth about macroeconomics
- not sure climate change will be huge issue. world's been much warmer before and still had a lot of mammals, etc.
- he quite likes Pseudoerasmus
- shits on modern conservatism/Bret Stephens a bit

- mentions Japan having industrial base a tenth the size of the US's and no chance of winning WW2 around 11m mark
- describes himself as "fairly religious" around 20m mark
- 27m30s: Eisenhower was smart, read Carlyle, classical history, etc.

but was Nixon smarter?: https://www.gnxp.com/WordPress/2019/03/18/open-thread-03-18-2019/
The Scandals of Meritocracy. Virtue vs. competence. Would you rather have a boss who is evil but competent, or good but incompetent? The reality is you have to balance the two. Richard Nixon was probably smarter that Dwight Eisenhower in raw g, but Eisenhower was probably a better person.
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april 2017 by nhaliday
Why the West Got Rich, part 1/N: War - Jared Rubin's Website
https://twitter.com/pseudoerasmus/status/829545637939146753
of course I don't understand why some people want to focus on the Middle East with respect to the great divergence
"why not China (and East Asia in general)" was inspired by East Asia's rapid convergence in the 20th century
I don't understand why anyone thinks Middle East divergence is a big puzzle just bec Muslims were good at mediaeval math/science

https://link.springer.com/epdf/10.1007/s11127-017-0464-6?author_access_token=UKpI-JzRIuDXSQTvbpV4Z_e4RwlQNchNByi7wbcMAY5WWZoYPYPAPXfaMHepEKzc4xIF1PKzwjo_oeauy2y_p-qOh2Du-0SJ7TOtBqu1W5DR708D5EmJlkNPyR-2FEivIkuG0bK6twh_bnuCQHwF2Q==
Jared Rubin: Rulers, religion, and riches: Why the West got rich and the Middle East did not?
- Mark Koyama

Islam and Economic Performance: Historical and Contemporary Links: https://sites.duke.edu/timurkuran/files/2017/09/Islam-Economic-Performance-Kuran-JEL-in-press.pdf
- Timur Kuran

This essay critically evaluates the analytic literature concerned with causal connections between Islam and economic performance. It focuses on works since 1997, when this literature was last surveyed. Among the findings are the following: Ramadan fasting by pregnant women harms prenatal development; Islamic charities mainly benefit the middle class; Islam affects educational outcomes less through Islamic schooling than through structural factors that handicap learning as a whole; Islamic finance hardly affects Muslim financial behavior; and low generalized trust depresses Muslim trade. The last feature reflects the Muslim world’s delay in transitioning from personal to impersonal exchange. The delay resulted from the persistent simplicity of the private enterprises formed under Islamic law. Weak property rights reinforced the private sector’s stagnation by driving capital out of commerce and into rigid waqfs. Waqfs limited economic development through their inflexibility and democratization by restraining the development of civil society. Parts of the Muslim world conquered by Arab armies are especially undemocratic, which suggests that early Islamic institutions, including slave-based armies, were particularly critical to the persistence of authoritarian patterns of governance. States have contributed themselves to the persistence of authoritarianism by treating Islam as an instrument of governance. As the world started to industrialize, non-Muslim subjects of Muslim-governed states pulled ahead of their Muslim neighbors by exercising the choice of law they enjoyed under Islamic law in favor of a Western legal system.

Why the West got rich and the Middle East did not: http://theforum.erf.org.eg/2017/09/10/west-got-rich-middle-east-not-implications-twenty-first-century/
- There are two reasons to be more pessimistic than optimistic about the economic and political future of the Middle East.
- First, much of the economic opportunity offered by the one-time resource boom has been squandered.
- Second, as oil revenues dry up and rulers have less capacity to buy support via subsidies and graft, the odds of them leaning even more heavily on religious legitimacy are high.

The Long Divergence: https://westhunt.wordpress.com/2018/01/09/the-long-divergence/
I just finished The Long Divergence, by Timur Kuran, which tries to explain the Middle East’s economic backwardness. It’s a path-dependence argument: mistakes were made, and one thing led to another.

His thesis is that particular features of local culture and Islamic law inhibited modernization. He argues that these factors inhibited the development of complex sub-state organizations, in particular the modern business corporation. He blames factors that tended to disperse wealth: the egalitarian Islamic inheritance system and polygyny. Today they wouldn’t matter to a corporation, but in the past they interfered with concentration of assets that would have been useful in establishing larger-scale concerns. He thinks that the Quranic ban on interest was mostly an irritant, routinely evaded, but it didn’t help.

He talks about the mysterious trend in which non-Muslim minorities became ever wealthier and more influential over the past couple of centuries, even though they were supposed to be second-class citizens. Trade was dominated by religious minorities (Greeks, Armenians, and sometimes Jews), as well as new sectors of the economy like insurance and finance. Also in new industries: “In major cities, water,gas, electricity, telephone, tram, and subway services were founded mostly through foreign capital, and the managerial staff was overwhelmingly non-Muslim.”
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april 2017 by nhaliday
Is America smart enough? A Q&A with Garett Jones on IQ and the 'Hive Mind' - AEI | Pethokoukis Blog » AEIdeas
hmmm, shit:
Well, if we’re looking at the very recent trends over the last couple of decades, there is not much evidence that there’s been a bigger return to IQ than there used to be. I think there’s moderate evidence that there’s actually an increase in return to personality-type skills.

evidence: https://pinboard.in/u:nhaliday/b:d70bdc68a51c

One of my colleagues one said offhand a line that I think others have said, which is that 90% of success is staying off the Internet. And I think there’s something to this idea that the return to personality-type measures is probably a lot higher than it used to be. Agreeableness, conscientiousness, especially in certain settings. I’ve looked at the normal statistical results and they don’t find an increase in return to IQ in recent decades. But there’s a couple of studies out there that do find an increase in returns to what they call non-cognitive skills.

I think personality might be mattering more. If the robots are going to take some jobs, they’ll probably be taking a lot of brainy type jobs. But they’re going to be a little behind the times when it comes to personality. And a lot of in-person services are going to depend on personality traits.

more:
So Google and its many spinoffs replace a lot of the need for crystallized intelligence. But the need for fluid intelligence is going to be with us for quite some time. The ability to look at a new, novel situation and figure out what’s going on here.

Some pro-IQ supporters, especially on the Internet, tend to think that there’s this some kind of cutoff where above a certain level IQ matters a lot. Below it, it doesn’t matter very much. And I just don’t find evidence of that. I think that there’s a reason why the market pays for IQ, for higher IQ across the range of the scores. It’s because it’s always good to have somebody around who can just look at an ambiguous situation and figure out what’s going on.

another neat comment:
I think the obsession with years of education really needs to end. And there should be an obsession with broad based test scores. If people don’t want to use IQ scores, that’s fine. But they should at least be looking at broad based test scores, things like the NAEPs, other test scores that the US government is quite happy to report on the Department of Education’s website. These should be the measures we look at. We should be looking a lot less at years of education.
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march 2017 by nhaliday

bundles : econpeepspredictionscivague

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