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Links 2017-1-12

As we approach the time when free trade is the heretical advice rather than the obvious logical one, it’s time to brush up on our free trade arguments. Here’s an interesting one: would you ban new technology to save the jobs tied to the technology it replaces? Would you ban light bulbs to save candlemakers? Cars to save horsebreeders? It’s a ridiculous proposition to freeze the economy at a certain point in time. Well, there’s no economic difference between new technology and free trade. In fact, we can treat international trade as a fancy machine where we send corn away on a boat and the machine turns the corn into cars.

And speaking of free trade, this is the economic modeling for why a tariff is unequivocally inefficient. One of the impacts of a tariff, by the way, is an increase in the market price of a good. Anyone saying that a tariff won’t have negative effects on consumers is just plain wrong.

The excellent open source encrypted messaging app Signal is so useful, it has to avoid having its application servers blacklisted by oppressive regimes. It uses a workaround of having encrypted connections through content delivery network, in this case, Google itself. Moxie Marlinspike, the creater of Signal says “Eventually disabling Signal starts to resemble disabling the internet.”

One of the biggest problems with Trump I pointed out last year was the total unknown of his policies. He keeps changing his mind on almost every issue, and when he does speak, he wanders aimlessly, using simplified language that is more blunt and less precise. Fitting right into this pattern, Trump has taken to Twitter for much of his communication, even since winning the election. Twitter is a short and imprecise tool for communication, and this New York Times article shows just how much uncertainty Trump creates with his tweets.

Related: Bill Perry is terrified of increased nuclear proliferation. The article is a little alarmist, but it’s worth remembering that nuclear war was a real threat just 30 years ago. It should not be taken for granted that nuclear war will never occur, and Trump seems the most likely of the post-Soviet presidents to get involved in a confrontation with a major nuclear power.

Scott Alexander reveals his ideal cabinet (and top advisers) if he were president. It’s not only remarkably better than Trump’s, it’s probably better than any cabinet and appointees we’ve ever had (Bernie Sanders notwithstanding). Highlights include: Alex Tabarrok as head of the FDA, Scott Sumner as Chairman of the Fed, Charles Murray as welfar czar, Peter Thiel as Commerce Secretary, and Elon Musk as both Secretary of Transportation and Energy.

Speaking of cabinets, George Will details just how out of touch soon-to-be-Attorney General Jeff Sessions is, recounting his 2015 defense of unlimited civil asset forfeiture, a procedure by which the government takes cash and property from civilians who have been convicted of no crime and therefore have no recourse or due process protections. Don’t buy into the story that all of Trump’s appointees are horrific and terrifying; there is a gradient of his cabinet appointments depending on their authoritarian tendencies and the importance of their department, and unfortunately Jeff Sessions as Attorney General is by far the most concerning.

Missed this earlier last year, and worth keeping in mind as BuzzFeed gets hammered this week over their publishing of an unverified dossier: apparently the FBI already has daily aerial surveillance flights over American cities. These seem to be for general investigative use, not vital national security issues: “But most of these government planes took the weekends off. The BuzzFeed News analysis found that surveillance flight time dropped more than 70% on Saturdays, Sundays, and federal holidays.”

Speaking of BuzzFeed and the crisis of “fake news”, which itself may not even be anything compared the crisis of facts and truth itself, Nathan Robinson has an excellent take on the matter (very long read). With the lack of facts in the election, the media and Trump’s critics generally have to be twice as careful to rebuild trust in the very concept that objective truth exists and can be discussed in a political context.

Government regulations have hidden, unexpected costs. These regulations hurt people regardless of their political affiliations, as a Berkeley professor found out when trying to evict a tenant that refused to pay rent. California’s rather insane tenant laws mean that serial rent-cheaters can go from place to place staying rent free for months at a time.

I’ve often thought about the right ordering of presidents from best to worst, taking into account a libertarian, liberty-promoting approach. One difficulty is the non-comparability of presidents separated by centuries. However, this blog post from 2009 actually does a nice job of scoring the presidencies. I don’t agree with each one, but it’s a rough categorization that makes sense. It even gave me an additional appreciation for Ulysses Grant, who I figured was mostly president by the luck of being the general in charge when his army won the Civil War. Other highlights include William Henry Harrison scoring 11th, thus beating over three quarters of the competition despite only being in office for a month. I feel like I could have found more worse things on Andrew Jackson, and in general I feel like I agreed with the list more the closer I got the end.

Jeffrey Tucker at FEE has a nice article about the difference between spreading ideas and actual economic production of goods. His thesis is that we have much less control over the developing of ideas than we do of developing normal rivalrous goods. And since libertarians are pretty solid at grasping the idea that the production of goods cannot be controlled from the top down, we should also acknowledge that top-down approaches to developing ideas are even more preposterous, especially in the digital age of decentralized information. I’ve thought about this a fair amount considering I like I blogging but I’m well aware few people read this blog. The simplest way to restate Tucker’s point is that you have to have good ideas more than good distribution. I don’t know if that’s an accurate take, but certainly good ideas are the single most important part of spreading your ideas.

There’s a saying on the internet that “Democracy is two wolves and a lamb voting on what to eat for lunch”. The 2016 election is excellent demonstration of just how poorly democracy can fail, but what our all alternatives. How about Futarchy? This is Robin Hanson’s idea to improve public policy: “In futarchy, democracy would continue to say what we want, but betting markets would now say how to get it. That is, elected representatives would formally define and manage an after-the-fact measurement of national welfare, while market speculators would say which policies they expect to raise national welfare.” Let’s hold a referendum on it; those seem to work out.

Bitcoin has been on the rise in recent months. So have other cryptocurrencies. But rather than focus just the price of the cryptocurrency, why not look at the total market valuation of those currencies? Sure, you might have heard that Bitcoin was up to $1000 again recently, but did you know that its total market cap is ~$13 billion? At the very peak of the Bitcoin bubble in 2013, all Bitcoins together were valued around $13 billion, but only for a matter of days. This time Bitcoin has kept that valuation for over 3 weeks. With more markets and availability, Bitcoin is becoming a real alternative for people whose national currencies have failed them.

Postlibertarian throwback: When Capitalism and the Internet Make Food Better. A reminder that the despite the ongoing horrors of government we are witnessing, the market is still busy providing better products and cheaper prices.

Leave a comment on the official reddit discussion thread.

Links 2016-10-12

I’ve added Andrew Gelman’s blog to the blogroll. Really great blog on statistical analysis. I also moved the Cato Institute’s National Police Misconduct Reporting Project to the Libertarian Web Directory under Issue Organizations instead of in the blogroll.

Comment on Slate Star Codex about evolutionary complexity and politics. There’s a limit to how much useful information we can get from elections, and building more complex institutions on such little information may be dangerous.

John Cochrane on Basic Income and its benefits, along with its large political problems.

So the DEA has taken the massive failure of the War on Drugs and decided the lesson to draw was to add another drug to Schedule 1, the most prohibited category (and more tightly controlled than cocaine). Kratom, a drug used for opioid withdrawal treatment has been added to the list. The 15 deaths cited by the DEA over the last 2 years are sure to bump up as users’ legal alternative to illegal opioids is removed.

Classic example of regulation making it more difficult for simple economic transactions. This manifests in higher prices for compliance which ends up hurting the poor disproportionately. Seattle used to be the leading place for “micro-housing”, but it’s being regulated out of existence to the tune of hundreds of affordable dwellings a year.

The ACLU, Human Rights Watch, and Amnesty International are launching a campaign to pardon Edward Snowden. I’ve gone on the record predicting that the Obama administration will not pardon Snowden, but I hope I’m wrong. Also, watch this excellent Reason TV interview with the Freedom of the Press Foundation.

Gary Johnson: WIRED should have endorsed me for president.

Related: Donald Trump has received no major newspaper endorsements, and many newspapers who have endorsed Republicans for decades, even centuries, are either endorsing Clinton, Johnson, or simply endorsing anyone but Trump. Some newspapers who don’t usually endorse anyone are doing so, such as the Atlantic, USA Today, and actually WIRED had never issued an endorsement. A redditor collected all the information into a nice post.

I’m not a Ross Douthat fan, but I do like this column. There’s a real sense of being surrounded that non-progressives feel. And when surrounded with no hope of making it out alive, soldiers fight to the death because they have nothing to lose. Not a great situation.

Heard through Alex Tabbarok at Marginal Revolution: apparently an author at the Telegraph isn’t happy about Mark Zuckerberg’s plan to eradicate all disease. She’s apparently afraid of the impacts of overpopulation. And she published it. In a real newspaper. So if you’re not optimizing for the “most good” in the world or most “human happiness”, what exactly are you optimizing for? If the author is so concerned about human population, does that mean she’s generally pro-war? Is she pro-Ebola? Anti-CDC? What are her feelings on ISIS? Does she have suicidal thoughts? I just have so many questions.

Seen through Slate Star Codex, the Brookings Institution has a report on charter schools in Massachusetts: “There is a deep well of rigorous, relevant research on the performance of charter schools in Massachusetts…This research shows that charter schools in the urban areas of Massachusetts have large, positive effects on educational outcomes. The effects are particularly large for disadvantaged students, English learners, special education students, and children who enter charters with low test scores. In marked contrast, we find that the effects of charters in the suburbs and rural areas of Massachusetts are not positive.” I’d guess this is because in the suburbs, the schools are already pretty good and must compete with expensive private schools anyway.

Forget moving to New Hampshire, the new mayor of Johannesburg is a self-proclaimed libertarian.

Why are American airports so crappy compared to international ones? Well it’s partially because most American airports cater to domestic flights and are not international travel hubs. Airports that focus on similar levels of domestic travel resemble LAX more than Dubai, LaGuardia more than Singapore.

Scott Sumner asks some interesting questions about a possible decline in materialism and how it relates to GDP growth and measurement. If everything you want to do can be done online, can you measure that economic improvement?

Jacob Levy at Bleeding Heart Libertarians writes that if you look at the polling numbers, Johnson doesn’t draw more from Clinton, and having him on the ticket actually helps her.

Obviously this election cycle has been particularly divisive and nasty. But did you know there are people working on fixing this? Check out the National Institute for Civil Discourse’s Standards of Conducts for Debates. Can you imagine if the political debates were actually like this? I might even want to watch them.

Megan McArdle on How to End the Death Penalty for Good. There’s an interesting point about how abortion laws were on the decline and probably would have quietly died except for the Supreme Court stepping in and making the decision themselves. This galvanized social conservatives into organizing themselves and mobilizing to protect their interests against perceived undemocratic justices. I’m not sure how accurate that is, but it’s certainly true that “judicial activism” has been reviled by the American Right for a while now.

A good rundown by Reason of their staffers and many prominent libertarians on who they will be voting for. Dave Barry’s response is by far my favorite.

There is a storm brewing in the Libertarian Party. Gary Johnson will likely meet the 5% threshold set by the FEC on who qualifies as a minor party. That means the LP will be eligible to get taxpayer provided funding for its candidate in 2020. There are two problem. One is that Libertarians are fundamentally opposed to this practice, and taking the money would make them look like hypocrites. The other is that neither party seems to take matching funds anymore as it also puts a cap on how much you can raise. That cap scales, so the cap itself may limit the LP in the 2020 election.

Postlibertaian throwback: World Wars Per Century. Only since 2014 have we been living in an age where only a single world war was started in the preceding 100 years.

Comment on Reddit.

Links 2016-9-7

Living in the Age of Outrage. Maybe we’ve surpassed the point at which additional connectivity and interaction will continue to benefit the human brain.

The NSA spying on us is now officially putting us all at risk. Written by Bruce Schneier whose blog you can find in the sidebar.

Cool post on taking back the word “neoliberal”. More from a British perspective than American, but same idea I think as this blog and neoclassical liberalism.

Duke Professor Michael Munger (blog linked in the sidebar) gave a short talk about different healthcare systems, and some of the problems in the American set up.

An interesting healthcare idea mentioned in the last link, and discussed at length in this Cato paper. An idea I had previously thought about what having insurance cover increasing progressive percentages of healthcare costs as your costs went up. This is essentially like a high deductible plan, but perhaps you pay for 100% of your first $1000 healthcare costs, 50% of your second $1000, 25% of the next $2000, and so on. However, high deductibles don’t really work for low income individuals. Instead, this paper proposes that for very expensive procedures, the insurance company would pay the patient an amount to forego the procedure. If it’s just something they are considering, they will just take the money. If it’s really required, they’ll go through with it. It’s true that more low income individuals will forego the procedure, but if we argue that shouldn’t be allowed, we are arguing they shouldn’t be allowed to get free money. Not very ethical.

Paid parental leave isn’t a free lunch. Author is a blogger at EconLog, linked in the sidebar.

Interesting point by Bryan Caplan on a “reverse Animal Farm” situation. In the Soviet Union, Pravda would talk about how much better things were while things were actually awful; today, the media focuses on how terrible things are despite us being in an unparalleled era of peace and prosperity. Weirder still, Pravda was a propaganda outlet, but our media is competitive meaning that they are spouting what we want to hear. Of course, that also explains lots of overly emotional happy stories of dogs being rescued or clickbait listicles, so it’s not all doom and gloom as Caplan says.

The reasonableness of radicalism. An good read from Libertarianism.org that makes you think about the historical context of various beliefs. By historical standards people today are radical democrats, radical egalitarians, and radical libertarians. Therefore, we can justify beliefs thought radical today by asserting future societies would find those beliefs obvious. Of course, the author largely ignores that we could guess the wrong direction the world moves in; many left-wing intellectuals (and others) in the early 20th century thought it was obvious that communism or at least socialism was the future. They believed their support of overthrowing the bourgeoisie was the right way to approach things. Communists today are a bit wacky. Perhaps it would be safer to just argue for incremental changes in the right direction.

When you change the world and no one notices. Apparently it took about five years for the anyone to notice the Wright Brothers had already invented fixed-wing flight. Someone even predicated flight was a long way off a year after the Wright Brothers had flown at Kitty Hawk.

Last week had an excellent episode of The Fifth Column (podcast website). I recommend skipping the first 20 minutes unless you’re really interested in the Colin Kaepernick debate. Michael Moynihan makes a great point which is that Donald Trump is a pussy. He did talk about the border wall with Mexico’s president, but when asked about it, he said they didn’t discuss it. Then later when he was safely back in Arizona, then he said Mexico would definitely pay for the wall. But when actually in Mexico, he chickened out and avoided the subject. It’s remarkably politician-like and unpresidential. The whole rest of the episode though is great.

In the quest to get more people to know about Gary Johnson, BalancedRebellion.com has an amazing video from “dead Abe Lincoln” to let people know they can use the website to find another voter who would otherwise vote for the “other candidate”, and together they can both vote for Gary Johnson like they want to without the risk of accidentally helping to elect the person they hate more.

Comment on Reddit.

Links 2016-5-30

Gary Johnson selected former Republican Massachusetts Governor William Weld to be his running mate. This was pretty surprising for Libertarians considering Weld isn’t really a well-known libertarian guy. Obviously, the Johnson campaign hoped not to repeat the failings of Jim Gray who was essentially unknown to the national media. During the Libertarian Party convention this weekend, the delegates selected both Gary Johnson and Bill Weld opting for pragmatism rather than party purity. This is some election year when the libertarians are more reasonable than the Republicans and Democrats.

With 2 former Republican governors on the ticket, the Libertarian Party is now poised to be a real third party alternative. This could be a huge year for them, even if they don’t win. Remember, from our archives, if you reach 5% of the popular vote in a presidential election, you are entitled to real money in the next cycle (the irony of Libertarians accepting Federal handouts not withstanding).

Nicholas Kristof has a follow up to his column “A Confession of Liberal Intolerance” where he condemned the intolerance of progressives especially in the university. Apparently, the left universally scoffed at the thought of tolerating conservatives…which essentially confirmed his point.

The EFF is shutting down their canary watch program after a year. I have previously discussed the importance and usefulness of warrant canaries. It seems the EFF has decided it isn’t worth the effort to keep track of all the notices because they seem to change too much from post to post. These aren’t bad reasons, but it is a little concerning. It seems likely that you’ll just have to stick to the default that any website you visit has received national security letters asking for information.

Jason Brennan at Bleeding Heart Libertarians on the difference between Ignorance, Misinformation, and Irrationality in democracies. Essentially ignorance isn’t exactly the problem in democracies, since if everyone is equally ignorant, then the non-ignorant people will be able to make rational decisions; there is no bias for the ignorant people since they have no opinion. Misinformation can be a problem though, if most people are misinformed, they will make poor decisions. But even if people are misinformed, having a deliberative discussion will help as rational logic should triumph. But irrationality is a serious problem, since even discussions would just spread more misinformation. This relates to the thesis of Bryan Caplan’s book The Myth of the Rational Voter (Wikipedia, full text for free). I look forward to reading Brennan’s new book, iconoclastically titled Against Democracy.

Tangentially related: John Oliver has a segment on the flaws of the primary system. Unfortunately, he sort of glosses over the assumption that they need to be more democratic, but do they? He says this time we “got lucky” in that the candidates with the most votes were the ones actually chosen, but we need to change things in the future. I disagree; the candidates we did choose are awful. If the system is working now, making it work better won’t help anything. Check out my previous post for more on this, and forward it to John Oliver if you get a chance. Better than reforming the primary system, let’s try making more parties more viable with some proportional representation in the House of Representatives!

Why Bernie doesn’t quit: Polisci 101 analysis of Bernie Sanders’ intentions. Basically, he wants to stop Hillary from turning towards the center, since he wants the Democratic party to be very a progressive Social Democrat party. This is also the reason that anyone who’s not a Social Democrat wants Bernie out of the race.

Ilya Shapiro at the Cato Institute, who knows his stuff pretty well, called Donald Trump’s list for replacing Justice Scalia’s SCOTUS seat “exceptional”. This is good news in that a Trump presidency would at least have this going for it. I don’t know if all this would make him a better choice than Clinton, but it is a big deal, at least to me. Doubtful if this alone would be enough to unite all Republicans around him.

Nick Gillespie has two solid blog posts. One is a great overview of a recent Foreign Relations Committee Hearing and the constrasting views of Marco Rubio and Rand Paul. Paul, we should note, won his primary to stand for reelection for his Kentucky Senate seat. This should largely guarantee his victory (PredictIt doesn’t have a market yet but PredictWise has it at 90% Republican). The other post discusses how Obama’s new overtime regulations are going to harm workers by reducing hours, workers, or both.

Meta-blog post. Do you need more economics blogs? Here is a giant list of them. They’re vaguely ordered by popularity, and you shouldn’t just dismiss it because Paul Krugman is first; there’s a lot of good blogs I didn’t know about.

Dylan Matthews at Vox makes the case for getting rid of the TSA. Doesn’t even mention the financial cost savings (their budget is $8 billion, and cost of time is at least that).

Scott Sumner on the problems with government policy responses to crises. Scott also did a much better job predicting the economy than the Fed. Takeaway: please, please institute prediction markets for the basic macroeconomic indicators.

Cool YouTube video on computational complexity and the P vs NP problem.

Short summary of one of the best essays on markets: Hayek’s “The Use of Knowledge in Society”.

What are the components of airline ticket prices? Great YouTube video explanation.

All the Scott Alexander: Apparently good kindergarden teachers have massive effects on income decades later, but no lasting effect on test scores. There really bizarre studies and all I can tell is that education research is hard.

As part of his ongoing philosophy of niceness and tolerance in society, and relating to my post on tolerance, Scott discusses more on tolerance and coordinated vs uncoordinated meanness.

Scott also has a great post on his experience in the Irish health system, related to the UK junior doctors’ strike. There are serious barriers to entry to the US medical system because the benefits are so high if you become a doctor. In UK, this is not true, since the state regulates how much doctors can make, so of course many doctors are leaving the UK and Ireland for places where the pay is less regulated. Scott says he’s not sure how to solve labor disputes, but if you have a freer market in hiring and payment, you don’t end up having labor disputes. The American system has problems as well, and if the barriers to entry could be reduced

And finally: Scott Alexander’s review of Albion’s Seed, and his analysis of the importance of culture in determining beliefs.

Apparently non-technical people don’t know this, but Craig Wright isn’t Satoshi Nakamoto. He had an “exclusive” interview with several media outlets discussing how he was really the inventor of Bitcoin. But if you read the story pretty quickly, you notice he doesn’t provide a signature with Satoshi’s private key (the reddit and Hacker News threads found he stole a signature from a transaction in one of the early blocks), and he doesn’t move any of Satoshi’s money to a publicly declared account. Those are very easy ways to prove he is Satoshi Nakamoto, and he didn’t do them, instead relying on some weird demonstration directly to a journalist. I would have guessed most people would have figured he was lying (he has a weird history as well), especially because Satoshi Nakamoto has gone to great lengths to protect his identity, and this guy is clearly trying to get attention. But several news outlets printed it as true. Gavin Andresen, the lead developer of Bitcoin, has declared that he has seen proof, but he hasn’t told us what the proof is. But you shouldn’t need a really famous person to vouch for someone’s identity, that’s the whole point of Bitcoin; decentralized proof is easy and clear.

From Ars Technica: Death by GPS.

Bryan Caplan on global warming cost-benefit analyses.

The Fourth Amendment apparently no longer applies to the federal government. The FBI can access any data gathered from general warrants issued under the FISA court to the NSA, which is only supposed to be targeting foreign nationals, but which we know just grabs all data a company has.

Marginal Revolution discusses the issue of public bathrooms in context on North Carolina’s recent law.

Links 2016-03-24

Scott Alexander has a new post on happiness and economic growth. There must be a name for this paradox, because it’s blindingly obvious if you think about it: Right now, compare your life to the life of 100 years ago, given your current standing in society. Your life right now is way better, you have time to spend on internet learning and debating about ideas in ways you couldn’t dream of 100 years ago. You have better food choices, longer life expectancy, better pop culture, more stimulating interests, far easier communication with distant relatives, and so on. And yet, the exact same thing will be said about our lives compared to the lives of those who live 100 years in the future. Sure, those lives will be better, but I don’t know how much that bothers us today unless we really think about it. Most people are pretty excited to live today at the frontier of human knowledge, and we don’t see it as a loss that we don’t have cheap self-driving cars and instant delivery groceries for low cost.

But yet, when you do think about it, we hate sitting in traffic or having to go to the store to pick something up, and we wish we had technologies that could get rid of those inconveniences. Yet, I bet people in the future will just have other errands they hate doing just like we hate sitting in traffic. But they will be inconveniences for future people who are tolerating them so that they can do even more awesome things that we can’t imagine, just like people 100 years didn’t sit in traffic because they didn’t own cars at all.

It’s very confusing. On a personal scale, obviously it would be ridiculous to complain about your current standing, because future technologies haven’t been invented yet. So of course everyone is pretty satisfied with what technology level they live in. Yet, our lives are obviously better for having these technologies. How do we reconcile this?

In the last month, I’ve often thought that the closest president we’ve had to Donald Trump is Andrew Jackson; Trump is a loud-mouthed, populist who falls outside of the mainstream party system, yet has significant support from non-elites and were despised by the elites themselves. This is also the perfect description for Andrew Jackson, who was so successful in this movement, he founded the Democratic Party. David Friedman comes to the same conclusion via a different route.

That last link caused me to run into a real problem with Donald Trump and Andrew Jackson grammatically. One subject is dead and one is alive, so what is the proper verb tense to use? Stack Exchange suggested this, which is honestly kind of lame.

Scott Sumner discusses socialism and France. He makes a short argument that France sounds like a pretty good model country for modern socialism: high amount of skilled civil servants, broad support for socialist policies, a willing government to implement them, and a modern, developed economy. Yet, Bernie Sanders supporters often reach for the Nordic countries rather than France as the big-welfare state (“socialist”) ideal. Why is French socialist policy somewhat of a political flop, while Nordic countries are idealized? And would a Bernie-America look like Denmark or maybe better, or perhaps more like France, or even worse? Given the size and diversity of America’s population and economy, France seems closer than Denmark, although both are closer to each other than the US. The only socialistic countries of comparable size seem to be the China and the Soviet Union which have forms of socialism even Bernie Sanders would abhor. Mostly.

Do you have no friends? Never fear, it’s because really, really smart people are better off with few friends.

Bryan Caplan’s model of the Right and Left, and how it’s oddly doing well this election cycle.

Overcoming Bias discusses the cost and benefits of voting. How much would you pay to have your vote count more? His conclusion is that we don’t vote to change the outcome of the election.

Surprise! NSA data will soon be used for routine policing! Coverage from the New York Times, and the Massachusetts ACLU as well.

Bryan Caplan also has a good discussion of libertarian critiques of welfare. Matt Zwolinski has a good counter post. I like the idea of bleeding heart libertarianism, or market liberalism or whatever, so I think Caplan’s critiques are pointed at exactly what I believe, which is excellent! You always want to have your beliefs critiqued by smart people. I think Caplan is right on many of his points, but I feel like my views are more politically practical. Voters obviously want some form of welfare for the poor, and at least that part could be done more efficiently with my ideas.

This is a good write up on the decentralized crypto-currency-ish entity Ethereum; Reason also did a recent video on it. Very soon I’ll be able to explain to people what it actually does. Right after I’ve figured out how to install it. If you want to learn about it without me, here is Ethereum’s website.

Fact checking Trump on trade. Why do we talk about trade deficits? I have no idea why they matter. Is it a problem if I buy a phone from Apple and I live in New York instead of California? Is there now a trade deficit between New York and California since I sent money out of my local community? No, nobody cares. And for the US, it’s even less relevant, since those dollars that US citizens spent have to come back to the US to be redeemed for goods and services. It would be like if I paid for my iPhone in New York dollars that had to come back to New York. I’m a free trade proponent, but I’m not deaf to some concerns people might have about trade, but this is one of the worst anti-free trade arguments you could make.

Links 20160216

In my previous blog, I used to compile lists of interesting links. I’ll start doing that here on an irregular basis.

Scott Alexander has a new post in the “Slate Star Codex critiques social justice” series. It discusses a study which looked at the effects of coder gender on Github pull request approval. It looks like the study had fairly neutral results but was widely reported by the scientific press as proving sexism in tech. As someone who works in the tech industry, all I learned was that I need to contribute more to open source projects. If you want to get fully paranoid about social justice, read Scott’s long comment on the social justice movement on the same post (reposted to reddit).

Justice Scalia passed away this weekend. He was a big deal, whether people liked him or not, and now there’s a big political fight on whether the Republican Senate will allow Obama to appoint a nominee. I’m pretty certain (90%) that Obama will nominate someone, even if congressional Republicans say they don’t want to confirm anyone. I have no idea what the chances are of a person being confirmed. Michael Cannon at Cato says the Senate has the power to deny a nomination until next year. I bet a lot of progressives would be horrified and yell about how Obama won the election in 2012, but I think the claim is pretty solid; Congress is supposed to be the most powerful branch after all. Senators were all elected as well, and court appointees are required to have input from both the President and Senate.

It’s also interesting because I’ve been recently watching Crash Course: U.S. Government and Politics. The episode on separation of powers is relevant to our Scalia discussion.

Robin Hanson on “Why I Lean Libertarian”. His reasoning is pretty close to mine.

Amusing post on Status 451: San Francisco has a Shameful Homeless Problem.

From Bleeding Heart Libertarians blog: First-order Libertarianism, Second-Order Public Reason Liberalism. It concerns the question of whether libertarians can allow non-libertarians to set up their own society in a libertarian world.

Great introductory crypto video for public key cryptography. It discusses the discrete logarithm problem and a Diffie Hellman key exchange. That channel actually has a lot of good videos concerning encryption, although nothing explaining exactly how elliptic curve crypto works. It’s obviously dark magic.

Scott Sumner mentions a comment by Eliezer Yudkowsky on EconLog. The post is a fairly complex way of discussing the issues the Fed is facing in trying to jumpstart the economy, but it has a cool reference to Newcomb’s Paradox.

I haven’t mentioned it before on this blog, but I really hate Daylight Savings Time. It’s just so dumb. The Washington Post has an interesting article about a proposal to get rid of all timezones. It would take a huge amount of getting used to, but it seems possible. For example, in China, the entire country is on Beijing time; people out west just wake up and go to sleep later…which I’m sure they were doing already, but now they don’t need to worry about time changes across the country. I like it, but mostly because it would end Daylight Savings Time.

Old post, but interesting: How to Change Public Opinion from the Niskanen Center.