nhaliday + judgement + empirical + marginal   2

Logic | West Hunter
All the time I hear some public figure saying that if we ban or allow X, then logically we have to ban or allow Y, even though there are obvious practical reasons for X and obvious practical reasons against Y.

No, we don’t.

http://www.amnation.com/vfr/archives/005864.html
http://www.amnation.com/vfr/archives/002053.html

compare: https://pinboard.in/u:nhaliday/b:190b299cf04a

Small Change Good, Big Change Bad?: https://www.overcomingbias.com/2018/02/small-change-good-big-change-bad.html
And on reflection it occurs to me that this is actually THE standard debate about change: some see small changes and either like them or aren’t bothered enough to advocate what it would take to reverse them, while others imagine such trends continuing long enough to result in very large and disturbing changes, and then suggest stronger responses.

For example, on increased immigration some point to the many concrete benefits immigrants now provide. Others imagine that large cumulative immigration eventually results in big changes in culture and political equilibria. On fertility, some wonder if civilization can survive in the long run with declining population, while others point out that population should rise for many decades, and few endorse the policies needed to greatly increase fertility. On genetic modification of humans, some ask why not let doctors correct obvious defects, while others imagine parents eventually editing kid genes mainly to max kid career potential. On oil some say that we should start preparing for the fact that we will eventually run out, while others say that we keep finding new reserves to replace the ones we use.

...

If we consider any parameter, such as typical degree of mind wandering, we are unlikely to see the current value as exactly optimal. So if we give people the benefit of the doubt to make local changes in their interest, we may accept that this may result in a recent net total change we don’t like. We may figure this is the price we pay to get other things we value more, and we we know that it can be very expensive to limit choices severely.

But even though we don’t see the current value as optimal, we also usually see the optimal value as not terribly far from the current value. So if we can imagine current changes as part of a long term trend that eventually produces very large changes, we can become more alarmed and willing to restrict current changes. The key question is: when is that a reasonable response?

First, big concerns about big long term changes only make sense if one actually cares a lot about the long run. Given the usual high rates of return on investment, it is cheap to buy influence on the long term, compared to influence on the short term. Yet few actually devote much of their income to long term investments. This raises doubts about the sincerity of expressed long term concerns.

Second, in our simplest models of the world good local choices also produce good long term choices. So if we presume good local choices, bad long term outcomes require non-simple elements, such as coordination, commitment, or myopia problems. Of course many such problems do exist. Even so, someone who claims to see a long term problem should be expected to identify specifically which such complexities they see at play. It shouldn’t be sufficient to just point to the possibility of such problems.

...

Fourth, many more processes and factors limit big changes, compared to small changes. For example, in software small changes are often trivial, while larger changes are nearly impossible, at least without starting again from scratch. Similarly, modest changes in mind wandering can be accomplished with minor attitude and habit changes, while extreme changes may require big brain restructuring, which is much harder because brains are complex and opaque. Recent changes in market structure may reduce the number of firms in each industry, but that doesn’t make it remotely plausible that one firm will eventually take over the entire economy. Projections of small changes into large changes need to consider the possibility of many such factors limiting large changes.

Fifth, while it can be reasonably safe to identify short term changes empirically, the longer term a forecast the more one needs to rely on theory, and the more different areas of expertise one must consider when constructing a relevant model of the situation. Beware a mere empirical projection into the long run, or a theory-based projection that relies on theories in only one area.

We should very much be open to the possibility of big bad long term changes, even in areas where we are okay with short term changes, or at least reluctant to sufficiently resist them. But we should also try to hold those who argue for the existence of such problems to relatively high standards. Their analysis should be about future times that we actually care about, and can at least roughly foresee. It should be based on our best theories of relevant subjects, and it should consider the possibility of factors that limit larger changes.

And instead of suggesting big ways to counter short term changes that might lead to long term problems, it is often better to identify markers to warn of larger problems. Then instead of acting in big ways now, we can make sure to track these warning markers, and ready ourselves to act more strongly if they appear.

Growth Is Change. So Is Death.: https://www.overcomingbias.com/2018/03/growth-is-change-so-is-death.html
I see the same pattern when people consider long term futures. People can be quite philosophical about the extinction of humanity, as long as this is due to natural causes. Every species dies; why should humans be different? And few get bothered by humans making modest small-scale short-term modifications to their own lives or environment. We are mostly okay with people using umbrellas when it rains, moving to new towns to take new jobs, etc., digging a flood ditch after our yard floods, and so on. And the net social effect of many small changes is technological progress, economic growth, new fashions, and new social attitudes, all of which we tend to endorse in the short run.

Even regarding big human-caused changes, most don’t worry if changes happen far enough in the future. Few actually care much about the future past the lives of people they’ll meet in their own life. But for changes that happen within someone’s time horizon of caring, the bigger that changes get, and the longer they are expected to last, the more that people worry. And when we get to huge changes, such as taking apart the sun, a population of trillions, lifetimes of millennia, massive genetic modification of humans, robots replacing people, a complete loss of privacy, or revolutions in social attitudes, few are blasé, and most are quite wary.

This differing attitude regarding small local changes versus large global changes makes sense for parameters that tend to revert back to a mean. Extreme values then do justify extra caution, while changes within the usual range don’t merit much notice, and can be safely left to local choice. But many parameters of our world do not mostly revert back to a mean. They drift long distances over long times, in hard to predict ways that can be reasonably modeled as a basic trend plus a random walk.

This different attitude can also make sense for parameters that have two or more very different causes of change, one which creates frequent small changes, and another which creates rare huge changes. (Or perhaps a continuum between such extremes.) If larger sudden changes tend to cause more problems, it can make sense to be more wary of them. However, for most parameters most change results from many small changes, and even then many are quite wary of this accumulating into big change.

For people with a sharp time horizon of caring, they should be more wary of long-drifting parameters the larger the changes that would happen within their horizon time. This perspective predicts that the people who are most wary of big future changes are those with the longest time horizons, and who more expect lumpier change processes. This prediction doesn’t seem to fit well with my experience, however.

Those who most worry about big long term changes usually seem okay with small short term changes. Even when they accept that most change is small and that it accumulates into big change. This seems incoherent to me. It seems like many other near versus far incoherences, like expecting things to be simpler when you are far away from them, and more complex when you are closer. You should either become more wary of short term changes, knowing that this is how big longer term change happens, or you should be more okay with big long term change, seeing that as the legitimate result of the small short term changes you accept.

https://www.overcomingbias.com/2018/03/growth-is-change-so-is-death.html#comment-3794966996
The point here is the gradual shifts of in-group beliefs are both natural and no big deal. Humans are built to readily do this, and forget they do this. But ultimately it is not a worry or concern.

But radical shifts that are big, whether near or far, portend strife and conflict. Either between groups or within them. If the shift is big enough, our intuition tells us our in-group will be in a fight. Alarms go off.
west-hunter  scitariat  discussion  rant  thinking  rationality  metabuch  critique  systematic-ad-hoc  analytical-holistic  metameta  ideology  philosophy  info-dynamics  aphorism  darwinian  prudence  pragmatic  insight  tradition  s:*  2016  multi  gnon  right-wing  formal-values  values  slippery-slope  axioms  alt-inst  heuristic  anglosphere  optimate  flux-stasis  flexibility  paleocon  polisci  universalism-particularism  ratty  hanson  list  examples  migration  fertility  intervention  demographics  population  biotech  enhancement  energy-resources  biophysical-econ  nature  military  inequality  age-generation  time  ideas  debate  meta:rhetoric  local-global  long-short-run  gnosis-logos  gavisti  stochastic-processes  eden-heaven  politics  equilibrium  hive-mind  genetics  defense  competition  arms  peace-violence  walter-scheidel  speed  marginal  optimization  search  time-preference  patience  futurism  meta:prediction  accuracy  institutions  tetlock  theory-practice  wire-guided  priors-posteriors  distribution  moments  biases  epistemic  nea 
may 2017 by nhaliday
Educational Romanticism & Economic Development | pseudoerasmus
https://twitter.com/GarettJones/status/852339296358940672
deleeted

https://twitter.com/GarettJones/status/943238170312929280
https://archive.is/p5hRA

Did Nations that Boosted Education Grow Faster?: http://econlog.econlib.org/archives/2012/10/did_nations_tha.html
On average, no relationship. The trendline points down slightly, but for the time being let's just call it a draw. It's a well-known fact that countries that started the 1960's with high education levels grew faster (example), but this graph is about something different. This graph shows that countries that increased their education levels did not grow faster.

Where has all the education gone?: http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.1016.2704&rep=rep1&type=pdf

https://twitter.com/GarettJones/status/948052794681966593
https://archive.is/kjxqp

https://twitter.com/GarettJones/status/950952412503822337
https://archive.is/3YPic

https://twitter.com/pseudoerasmus/status/862961420065001472
http://hanushek.stanford.edu/publications/schooling-educational-achievement-and-latin-american-growth-puzzle

The Case Against Education: What's Taking So Long, Bryan Caplan: http://econlog.econlib.org/archives/2015/03/the_case_agains_9.html

The World Might Be Better Off Without College for Everyone: https://www.theatlantic.com/magazine/archive/2018/01/whats-college-good-for/546590/
Students don't seem to be getting much out of higher education.
- Bryan Caplan

College: Capital or Signal?: http://www.economicmanblog.com/2017/02/25/college-capital-or-signal/
After his review of the literature, Caplan concludes that roughly 80% of the earnings effect from college comes from signalling, with only 20% the result of skill building. Put this together with his earlier observations about the private returns to college education, along with its exploding cost, and Caplan thinks that the social returns are negative. The policy implications of this will come as very bitter medicine for friends of Bernie Sanders.

Doubting the Null Hypothesis: http://www.arnoldkling.com/blog/doubting-the-null-hypothesis/

Is higher education/college in the US more about skill-building or about signaling?: https://www.quora.com/Is-higher-education-college-in-the-US-more-about-skill-building-or-about-signaling
ballpark: 50% signaling, 30% selection, 20% addition to human capital
more signaling in art history, more human capital in engineering, more selection in philosophy

Econ Duel! Is Education Signaling or Skill Building?: http://marginalrevolution.com/marginalrevolution/2016/03/econ-duel-is-education-signaling-or-skill-building.html
Marginal Revolution University has a brand new feature, Econ Duel! Our first Econ Duel features Tyler and me debating the question, Is education more about signaling or skill building?

Against Tulip Subsidies: https://slatestarcodex.com/2015/06/06/against-tulip-subsidies/

https://www.overcomingbias.com/2018/01/read-the-case-against-education.html

https://nintil.com/2018/02/05/notes-on-the-case-against-education/

https://www.nationalreview.com/magazine/2018-02-19-0000/bryan-caplan-case-against-education-review

https://spottedtoad.wordpress.com/2018/02/12/the-case-against-education/
Most American public school kids are low-income; about half are non-white; most are fairly low skilled academically. For most American kids, the majority of the waking hours they spend not engaged with electronic media are at school; the majority of their in-person relationships are at school; the most important relationships they have with an adult who is not their parent is with their teacher. For their parents, the most important in-person source of community is also their kids’ school. Young people need adult mirrors, models, mentors, and in an earlier era these might have been provided by extended families, but in our own era this all falls upon schools.

Caplan gestures towards work and earlier labor force participation as alternatives to school for many if not all kids. And I empathize: the years that I would point to as making me who I am were ones where I was working, not studying. But they were years spent working in schools, as a teacher or assistant. If schools did not exist, is there an alternative that we genuinely believe would arise to draw young people into the life of their community?

...

It is not an accident that the state that spends the least on education is Utah, where the LDS church can take up some of the slack for schools, while next door Wyoming spends almost the most of any state at $16,000 per student. Education is now the one surviving binding principle of the society as a whole, the one black box everyone will agree to, and so while you can press for less subsidization of education by government, and for privatization of costs, as Caplan does, there’s really nothing people can substitute for it. This is partially about signaling, sure, but it’s also because outside of schools and a few religious enclaves our society is but a darkling plain beset by winds.

This doesn’t mean that we should leave Caplan’s critique on the shelf. Much of education is focused on an insane, zero-sum race for finite rewards. Much of schooling does push kids, parents, schools, and school systems towards a solution ad absurdum, where anything less than 100 percent of kids headed to a doctorate and the big coding job in the sky is a sign of failure of everyone concerned.

But let’s approach this with an eye towards the limits of the possible and the reality of diminishing returns.

https://westhunt.wordpress.com/2018/01/27/poison-ivy-halls/
https://westhunt.wordpress.com/2018/01/27/poison-ivy-halls/#comment-101293
The real reason the left would support Moander: the usual reason. because he’s an enemy.

https://westhunt.wordpress.com/2018/02/01/bright-college-days-part-i/
I have a problem in thinking about education, since my preferences and personal educational experience are atypical, so I can’t just gut it out. On the other hand, knowing that puts me ahead of a lot of people that seem convinced that all real people, including all Arab cabdrivers, think and feel just as they do.

One important fact, relevant to this review. I don’t like Caplan. I think he doesn’t understand – can’t understand – human nature, and although that sometimes confers a different and interesting perspective, it’s not a royal road to truth. Nor would I want to share a foxhole with him: I don’t trust him. So if I say that I agree with some parts of this book, you should believe me.

...

Caplan doesn’t talk about possible ways of improving knowledge acquisition and retention. Maybe he thinks that’s impossible, and he may be right, at least within a conventional universe of possibilities. That’s a bit outside of his thesis, anyhow. Me it interests.

He dismisses objections from educational psychologists who claim that studying a subject improves you in subtle ways even after you forget all of it. I too find that hard to believe. On the other hand, it looks to me as if poorly-digested fragments of information picked up in college have some effect on public policy later in life: it is no coincidence that most prominent people in public life (at a given moment) share a lot of the same ideas. People are vaguely remembering the same crap from the same sources, or related sources. It’s correlated crap, which has a much stronger effect than random crap.

These widespread new ideas are usually wrong. They come from somewhere – in part, from higher education. Along this line, Caplan thinks that college has only a weak ideological effect on students. I don’t believe he is correct. In part, this is because most people use a shifting standard: what’s liberal or conservative gets redefined over time. At any given time a population is roughly half left and half right – but the content of those labels changes a lot. There’s a shift.

https://westhunt.wordpress.com/2018/02/01/bright-college-days-part-i/#comment-101492
I put it this way, a while ago: “When you think about it, falsehoods, stupid crap, make the best group identifiers, because anyone might agree with you when you’re obviously right. Signing up to clear nonsense is a better test of group loyalty. A true friend is with you when you’re wrong. Ideally, not just wrong, but barking mad, rolling around in your own vomit wrong.”
--
You just explained the Credo quia absurdum doctrine. I always wondered if it was nonsense. It is not.
--
Someone on twitter caught it first – got all the way to “sliding down the razor blade of life”. Which I explained is now called “transitioning”

What Catholics believe: https://theweek.com/articles/781925/what-catholics-believe
We believe all of these things, fantastical as they may sound, and we believe them for what we consider good reasons, well attested by history, consistent with the most exacting standards of logic. We will profess them in this place of wrath and tears until the extraordinary event referenced above, for which men and women have hoped and prayed for nearly 2,000 years, comes to pass.

https://westhunt.wordpress.com/2018/02/05/bright-college-days-part-ii/
According to Caplan, employers are looking for conformity, conscientiousness, and intelligence. They use completion of high school, or completion of college as a sign of conformity and conscientiousness. College certainly looks as if it’s mostly signaling, and it’s hugely expensive signaling, in terms of college costs and foregone earnings.

But inserting conformity into the merit function is tricky: things become important signals… because they’re important signals. Otherwise useful actions are contraindicated because they’re “not done”. For example, test scores convey useful information. They could help show that an applicant is smart even though he attended a mediocre school – the same role they play in college admissions. But employers seldom request test scores, and although applicants may provide them, few do. Caplan says ” The word on the street… [more]
econotariat  pseudoE  broad-econ  economics  econometrics  growth-econ  education  human-capital  labor  correlation  null-result  world  developing-world  commentary  spearhead  garett-jones  twitter  social  pic  discussion  econ-metrics  rindermann-thompson  causation  endo-exo  biodet  data  chart  knowledge  article  wealth-of-nations  latin-america  study  path-dependence  divergence  🎩  curvature  microfoundations  multi  convexity-curvature  nonlinearity  hanushek  volo-avolo  endogenous-exogenous  backup  pdf  people  policy  monetary-fiscal  wonkish  cracker-econ  news  org:mag  local-global  higher-ed  impetus  signaling  rhetoric  contrarianism  domestication  propaganda  ratty  hanson  books  review  recommendations  distribution  externalities  cost-benefit  summary  natural-experiment  critique  rent-seeking  mobility  supply-demand  intervention  shift  social-choice  government  incentives  interests  q-n-a  street-fighting  objektbuch  X-not-about-Y  marginal-rev  c:***  qra  info-econ  info-dynamics  org:econlib  yvain  ssc  politics  medicine  stories 
april 2017 by nhaliday

bundles : abstracteconinfopatternsvague

related tags

2016-election  :/  ability-competence  abstraction  academia  accuracy  additive  advertising  africa  age-generation  agri-mindset  alt-inst  analogy  analytical-holistic  anglo  anglosphere  antidemos  aphorism  arbitrage  arms  article  asia  audio  autism  automation  axelrod  axioms  backup  biases  biodet  biophysical-econ  biotech  books  branches  britain  broad-econ  business  c:***  capitalism  causation  charity  chart  checklists  christianity  civic  civil-liberty  class  coalitions  cog-psych  cohesion  coming-apart  commentary  communism  community  comparison  competition  contradiction  contrarianism  convexity-curvature  cooperate-defect  corporation  correlation  cost-benefit  counter-revolution  counterfactual  cracker-econ  crime  criminology  critique  crooked  current-events  curvature  darwinian  data  death  debate  debt  decision-making  defense  definite-planning  democracy  demographics  developing-world  developmental  discussion  distribution  divergence  domestication  douthatish  drama  duty  early-modern  econ-metrics  econometrics  economics  econotariat  eden-heaven  education  efficiency  elections  elite  embodied  empirical  endo-exo  endogenous-exogenous  energy-resources  enhancement  epistemic  equilibrium  error  essay  estimate  europe  evidence-based  examples  existence  expert-experience  explanans  expression-survival  externalities  farmers-and-foragers  fermi  fertility  fiction  finance  fitness  flexibility  flux-stasis  foreign-lang  foreign-policy  formal-values  futurism  garett-jones  gavisti  gender  gender-diff  generalization  genetics  germanic  gibbon  gnon  gnosis-logos  google  government  grad-school  gray-econ  group-selection  growth-econ  GWAS  gwern  hanson  hanushek  hard-tech  harvard  health  heterodox  heuristic  hidden-motives  higher-ed  history  hive-mind  homo-hetero  housing  human-capital  humility  hypocrisy  ideas  ideology  iidness  illusion  impact  impetus  incentives  individualism-collectivism  industrial-org  inequality  info-dynamics  info-econ  innovation  input-output  insight  institutions  integrity  intel  intelligence  interests  internet  intervention  interview  iq  japan  judgement  kinship  knowledge  labor  latin-america  learning  left-wing  legibility  leviathan  life-history  links  list  local-global  lol  long-short-run  macro  magnitude  malaise  management  marginal  marginal-rev  markets  markov  math  meaningness  measurement  medicine  mediterranean  mena4  meta:medicine  meta:prediction  meta:rhetoric  metabuch  metameta  methodology  microfoundations  migration  military  mobility  moments  monetary-fiscal  money  mooc  mostly-modern  multi  n-factor  nascent-state  nationalism-globalism  natural-experiment  nature  near-far  news  nihil  nonlinearity  nordic  null-result  objektbuch  opioids  optimate  optimism  optimization  org:anglo  org:econlib  org:mag  organizing  orwellian  paleocon  parenting  path-dependence  patho-altruism  patience  pdf  peace-violence  people  pessimism  phalanges  philosophy  pic  planning  poast  podcast  policy  polisci  politics  population  pragmatic  preference-falsification  presentation  priors-posteriors  privacy  problem-solving  propaganda  proposal  protestant-catholic  prudence  pseudoE  psychology  public-goodish  q-n-a  qra  quantitative-qualitative  quotes  randy-ayndy  ranking  rant  rationality  ratty  realness  recommendations  recruiting  regulation  religion  rent-seeking  retention  review  rhetoric  right-wing  rigor  rindermann-thompson  risk  roots  rot  s:*  s:***  science  scifi-fantasy  scitariat  search  shift  sib-study  signal-noise  signaling  skeleton  skunkworks  slippery-slope  social  social-capital  social-choice  social-psych  social-science  social-structure  spatial  spearhead  speed  speedometer  sports  ssc  stat-power  statesmen  stats  stochastic-processes  stories  street-fighting  study  studying  sulla  summary  supply-demand  systematic-ad-hoc  tetlock  theory-practice  theos  things  thinking  time  time-preference  time-series  toolkit  track-record  tradition  transportation  trends  tribalism  troll  truth  twitter  unaffiliated  universalism-particularism  urban-rural  us-them  usa  values  vampire-squid  video  visuo  volo-avolo  walter-scheidel  war  wealth-of-nations  west-hunter  westminster  wire-guided  wisdom  within-without  wonkish  world  world-war  X-not-about-Y  yvain  🎩  🐸  👽 

Copy this bookmark:



description:


tags: