Mailvox: reflections on RGD

Stilicho’s summary:

I received my copy of RGD on Friday and finished it last night. Excellent work. Funnily enough, just as I was starting to read the Saint Bernanke/green shoots scenario at the end, there was a power outage and I finished by flashlight. How apt. At any rate, I’m not sure I’ve grokked the full implications of your theories yet, but the first reading sure was an eye opener. There are a lot of thoughts I had while reading that are still bouncing around in my head that may take a while (and more reading) to fully digest, but I’ll share a couple with you:

1) The conventional Austrian theory that a switch from capital production to consumer production causes contractions doesn’t seem logical to me. Rather, it seems that such a switch would be a symptom rather than a cause. I don’t think you classified it as such, although you did express doubt that it was a casual factor. Why did the Austrian school think it was a casual factor?

2) I too was quite sympathetic to the WZI scenario until recently. I still think there may isolated incidents as certain industries or sectors experience mini bubbles induced by an excess of credit that is available and actually used in said industries/sectors. However, after reading your thoughts about the depth and breadth of secular debt issues, I don’t think that general inflation will be an issue for some time. If and when there is some recovery on the far side of TGD 2.0, do you think the WZI scenario is likely to occur given the monetary authorities adherence to neo-keynesian and monetarist theories?

3) I wonder how long we can keep limping along in what amounts to great recession mode until the bottom finally drops out? Isn’t that what Japan’s lost decade(s) amount too? A great recession scenario? But given the world-wide nature of the current crisis, you have convinced me that the bottom will drop eventually. How many bullets does Bernanke have left?

4) The neo-keynesians must have an absolute disdain for microeconomics. Either that, or it would be just too damned inconvenient to acknowledge verifiable microeconomic principles that might cast doubt on their macro theories. A bit of both perhaps?

1) I simply don’t know. My feeling is that because so much Austrian theory was not developed ex nihilo as so much Marxian and Keynesian theory was, but built rationally on the work of previous economic theorists, the conceptual model was somewhat influenced and therefore limited by the various pre-classical, classical, and neo-classical ideas that influenced them. What is strange about it to me is that Rothbard points out the exact limits of demand that I propose as a causal mechanism, but he only applies it to the market for labor. In any event, I agree, the shift from one form of production to another is a symptom rather than a cause. This probably makes me impure from the doctrinaire Austrian perspective, but hardly a heretic. The model works to describe and correctly predict regardless of which mechanism is favored. The advantage of my “limits of demand” mechanism is the way it explains how Austrian theory applies to financial services and other markets in which there is no distinction between capital and consumer goods.

2) No, I think the entire structure will collapse of its own weight first. Debt implodes faster than money can be printed. And I reject what appears to be the revised inflationist notion that a deflationary loss of confidence in a currency can be reasonably labled hyperinflation.

3) Not long. Not any. Most of the positive exit scenarios involve the Federal Reserve being either thrown aside by the US government or supplanted by the IMF.

4) Yes, they have ever since Keynes first voiced the idea that perhaps a macroeconomy behaved in a different manner than a microeconomy writ large.


In which we hope it won’t kill him

A fellow writer sends along a link with the following note: “Today is Ray Bradbury’s 90th birthday. As online tributes to him go, nothing I could ever do or say could hold a candle to this one.”

He was right. There wasn’t. Anyhow, it’s heartening to see the kids are enthusiastic about reading quality fiction these days. Happy Birthday, Mr. Bradbury!


A sign of an indication?

In which we are informed that the Lizard Queen is now making noises about resigning from Obama’s Cabinet:

Hillary Clinton raises prospect of resignation. Hillary Clinton, the US Secretary of State, has complained of the tiring natue of her job and said she will step back from the role before the end of Barack Obama’s presidency.

R writes: “I admit it doesn’t actually surprise me that it is so far playing out as you predicted.”* So far, so good, anyhow. I have no doubt that Hillary will resign, most likely before the end of the first term. Of course, the much more interesting question is if she intends to step back from the role in order to bring about that end to Mr. Soebarkah’s presidency.

*“it is clear that he [President Soebarkah] is likely to be extraordinarily vulnerable if the Lizard Queen elects to strike against her current boss. The first indication that she intends to do so will be a growing chorus of elite Democratic opinion against Obama’s conduct of the war… the more significant indicator would be her resignation from the Cabinet next year.”


The Writer’s Lottery, part II

Vrye Denker expresses a certain degree of incredulity: The successful writing career of Katie Price? As in Jordan?

Yes. Exactly. In fact, the woman is topping the bestseller lists even as we contemplate the matter:

July 29, 2010 – One time glamour model Katie Price looks set to reach the number one spot of the Sunday Times Bestseller list with the publication of her lastest book in the Angel trilogy entitled Paradise. Katie known also as Jordan will see her novel go straight to the fiction top spot for hardbacks as her Random House publishers revealed that the book is outselling its nearest rival by two to one.

In other words, she is presently outselling the best-selling Harry Potter novel and the bestselling Twilight novel combined.  And that would be why I don’t worry about how well my books sell or equate book sales with literary quality. No doubt Katie Price will, like JK Rowling before her, have an entire generation of children – girls anyway – reading too. Having written numerous bestsellers, she is obviously a literary giant and an example to be much-imitated by ambitious young writers of the future.

The face of modern literature


Mailvox: interpretive fails

Dawo appears to have a wildly inaccurate understanding of how the literary world works:

I think the present blog is not designed to encourage actual debate, and it is likewise not designed to encourage echo-chamber-style mutual affirmation. If I had to guess, I would guess that this blog is designed to maximize the writing career of the writer who blogs here.

He’s correct in that the comments are just there to let people comment if they wish; I added them in response to numerous requests. But I don’t think alienating pretty much every editor in both the SF/F and CBA publishing worlds with one’s exotic socio-political views is generally considered to be the optimal way to maximize one’s writing career. I have had no less than three negotiated book contracts canceled simply because a female member of the pub board took offense to something I wrote in a column or on this blog. One of them was even signed, so I ended up getting paid to NOT write the books. This is why Media Whores and the UK translation of The Irrational Atheist do not exist. Needless to say, this experience has completely caused me to rethink my position on female fascism and women’s tolerance for opinions that diverge from their own.

In short, I don’t give a damn about my writing career. In fact, I seem to recall posting about how the very concept of the professional writing career is dying out not all that long ago. By which I mean scroll down one post!

Meanwhile, Joe theorizes about my interest in Game:

Why women overrate themselves … or why Vox sublimates himself. Man Vox, dont you have better things to think about? Your titular observations may be interesting to the ilk but boy, you likewise lower your value in your vocational pursuit for no apparent reason except for your amusing titalation of the ilk. I surmize you have unsettled issues with some so-so looker that beat you in arm wrestling one night on the bowery, correct?

Well, I’m not terribly concerned about DLV’ing. A picture being worth a thousand words and all, the following one may at least partially explain why I do not, in fact, have any unsettled issues with anyone, so-so looks or otherwise. It’s not that there’s anything wrong with so-so looks, it’s just that they may as well be invisible to me.


Mailvox: responding to a liberal

CG asks for help in responding to this, but I think he is probably looking in the wrong place by coming here:

Conservatives have no clue about business. They think that business can sell MORE AND MORE to people who have jobs paying less money, with a collapsing middle class. Who is going to buy stuff after we get through gutting the system and eliminating the buying power of workers in this country? What fuels consumption now that the borrowing binge we’ve been on for thirty years is over. Can consumers borrow their way to prosperity, along with our economy. How do you pay for the $10s of trillions in private debt that has masked a collapsing real economy which used to be fueled by savings and investment?

40 years ago we had a third of the private work force unionized, tariffs to protect domestic industry, 70% marginal rates on income over about 3 million, and were the most prosperous country on earth, the exporter and lender to the world. Now that Reaganomics has worked it’s magic for 30 years, China owns us.

Not sure how you think us running 30-40 billion per month trade and current account deficits will work out long term. Love to hear the theory of how we import our way to prosperity, trading jobs that produce wealth, transform raw materials into valuable to valuable goods, for “service” jobs that add no wealth and don’t sustain any economy that I’ve known of in all of recorded history. How long can we keep sending the rest of the world paper, and they send us oil and TVs and cars, and clothes and electronics, etc. Seem unsustainable to me, but I don’t understand how business works.

This demonstrates why the Democrat/Republican, liberal/conservative poles simply don’t apply to the present economic situation very well. CG’s liberal interlocutor is correct in diagnosing the problem as debt and “free trade”, but he is incorrect in thinking that Reaganomics is to blame for either of them and he is deeply mistaken to think that high marginal tax rates helped produce societal wealth. One doesn’t increase savings and investment through taxation, after all, and while it is absolutely true that consumers can’t borrow their way to prosperity, governments can’t tax-and-spend their way there either, Keynesian arguments to the contrary notwithstanding.

The reason we were the most prosperous country on Earth 40 years ago was very simple and easily proved. The USA was about the only major economy on Earth that had not had its industrial infrastructure completely destroyed by World War II and American industry made an absurd amount of money selling both consumer and capital goods into European and Asian markets that had to rebuild their industrial base. This was the source of our post-1940s economic growth and concomitant wealth. Now that all of our former competitors have rebuilt their economies and numerous other countries have succeeded in developing theirs, it has naturally become much more difficult to maintain our economic primacy vis-a-vis the rest of the world. As I have previously stated, but have yet to conclusively prove, the Ricardian concept of comparative advantage has turned out to be incorrect and therefore American wealth should be expected to decline in both a relative and absolute sense as other countries grow at the expense of American industry and workers in a free trade environment.

It’s not that conservatives have no clue about business, they have no clue about economics. But neither do liberals; the fact that one party is incorrect does not automatically make the other right. The fact that conservative Republicans and liberal Democrats alike supported TARP, the banking bailouts, and the automotive bailouts demonstrates that the intrinsic problem is superpolitical and therefore will not be solved regardless of which political faction ends up temporarily on top.


Here Finny Finn Finn

In which the cat is set amongst the pigeons… SK asks a question:

Have read Mere Christianity. Will do so again on regular basis. Have noted numerous references to other Lewis works in recent posts. Can you and/or Ilk recommend Lewis reading list and in what order (if relevant) his works should be read?

I would start with the Chronicles of Narnia, then read the Screwtape Letters, then Mere Christianity and The Abolition of Man. After that, the Space Trilogy. I wasn’t that impressed with either The Problem of Pain or Miracles, but they’re worth reading; at this point I think one is better off delving into GK Chesterton. Lewis is, without question, a great writer. But over time, I have gradually reached the conclusion that he was more skilled at portraying the core truths of Christianity in a highly accessible manner than he was at delving into its depths. This should not be taken as a criticism, for it is a rare and enviable skill indeed.

Which reminds me. You will never see a child more excited than the little girl who was walking through the Italian airport and noticed that there was a flight to NARNI. “Narnia! Oh Daddy, please can’t we go there instead?”

I have to admit, I was tempted. After all, the wardrobe isn’t the only way into Narnia.


Mailvox: Uber Dawks strikes three

You can’t stop him, you can only hope to contain him!

I did not mean “objective scientific evidence”, I mean any objective evidence at all. The Bible is not an objective piece of evidence, scientific or otherwise. Wrong. Try again in our bonus round. Reading the comments on your blog this morning, it seems that none of your ilk can come up with anything either. The Courtier’s Reply is still looking mighty valid.

Finally, not that I need to justify any credentials, but since your ilk has been speculating, I am a Ph.D. candidate in Evolutionary Psychology at a prestigious major university. My views are not the minority among atheists, but the majority. Go to Pharyngula and you’ll see that I’m not alone. Read Dawkins more polemical work, read Sam Harris or Chris Hitchens, I’m not saying anything that hasn’t already been tackled at length by these great thinkers.

Also, for all the mocking of my celebrity atheist paragraph, I was not appealing to these men to validate atheism, but rather to show that the atheist in that comic is a grand caricature, representative of the kind of narrow thinking that you Christian fundies are known for.

evidence
–noun
1. that which tends to prove or disprove something; ground for belief; proof.
2. something that makes plain or clear; an indication or sign.
3. Data presented to a court or jury in proof of the facts in issue and which may include the testimony of witnesses, records, documents, or objects.

Evidence is any information so given, whether furnished by witnesses or derived from documents or from any other source.

I have to admit, I’m not exactly what one would call concerned about the opinion of anyone who believes that there is no evidence for the existence when God even after the difference between “evidence” and “scientific evidence” has been pointed out to him. I am probably the least likely man on the planet to be moved by the arguments of anyone who genuinely believes Richard Dawkins, Sam Harris, and Christopher Hitchens are, and I quote, “great thinkers”. This is surely the very worst site on the Internet to make an appeal to Pharyngula and as for The Courtier’s Reply, it requires the sort of innumeracy and complete philosophical ignorance we have come to expect of butterfly collectorsbiologists to take it seriously. But I have absolutely no doubt that his maleducated and irrational views are the majority among atheists; that is precisely why I titled my book on the subject “The Irrational Atheist”.

The thing that is so ridiculous about the definitionally challenged “no evidence” argument is that even third-rate minds like Dawkins know that it is hopelessly incorrect. The existence of testimonial and documentary evidence for God is the very reason Richard Dawkins wrote an essay arguing for the superiority of scientific evidence over eyewitness evidence in The Devil’s Chaplain, although scientific evidence is less valid in a court of law than eyewitness evidence and is rightly considered much less reliable than documentary evidence of the sort that the Bible represents.

Anyhow, I’m sure we all wish the PhD-to-be great success in his future career in the gastronomical service industry.


Mailvox: catching up on history

BG asks about the Crusades:

I’ve been reading your blog, and comments, for years now, stealing countless hours of productivity from my employer. My brother-in-law, a younger man, who I don’t think is saved but is searching, just emailed me asking me to tell him about the Crusades. He said what information he has found so far has been confusing. I haven’t talked to him yet. He knows I know a lot, but I really haven’t studied the Crusades. Can you or one of the Ilk, please direct me to a good source? I don’t expect to take up your time, but any thoughts on the topic would also be greatly appreciated.

I would start with Stephen Runcimen’s three-volume History of the Crusades. I would then read John Julius Norwich’s three-volume history of Byzantium, which gives a solid background for the events that led up to the Crusades. What those ignorant of Byzantine history don’t understand – which is probably more than 95 percent of the people who bring up the Crusades in casual conversation – is that the Crusades were not an offensive campaign in any way, shape, or form, but rather a defensive one for which more than one desperate emperor of Byzantium had spent years pleading.

MN, on the other hand, has a pair of questions related to American history:

I’ve emailed you once before, and I just want to say thanks again for your blog and column. I’m 24 and I can honestly say that in the year or so since I started following your work, my critical thinking abilities have developed more than in the 12 years of public school and 4 of college combined.

Anyway, being that today is America’s Independence Day, I was thinking about its history, specifically the Civil War. I’m able to effectively rationalize most of my beliefs about it, but I am having trouble with a couple things that I hoped you might help with:

1. I believe I’ve recall you writing that had you been around in 1860, you would have fought for the South. I’m undecided on what I would’ve done. Certainly, the southern states’ sovereignty was being infringed and they had the right to defend it. However, how do you justify defending the institution of slavery? While I do not believe in human equality in any real sense, to my mind, the idea of slavery seems in blatant conflict with both the Declaration of Independence and the ‘Life, Liberty, and Property’ part of the 5th Amendment. I also believe that one of the few legitimate functions of our government is to uphold these basic rights, so in that sense, I can rationalize that perhaps the North was justified. The only counter I can come up with is that slaves were not considered citizens, and thus not afforded these rights.

2. I also believe you’ve called Lincoln the worst president in American history. Because he wiped his ass with the Bill of Rights and ended any notions of state sovereignty, I agree with you to a point. Its to a point because, from some things I’ve read, Lincoln’s plan had he lived was to ship all of the slaves back to Africa or the Caribbean as part of the reconstruction progress. In my opinion, this would absolutely have been the correct move, both at the time and in hindsight from 2010. If this is true, can you really call Lincoln the worst president ever, or were his violations of the Constitution too egregious to overcome? I can’t say that he’s worse than guys like FDR, Wilson, or Obama.

My answer to question one comes in two parts. First, as a libertarian, I would prefer an institution of voluntary private slavery to the present system of federal slavery that is in effect today. Either I own myself or another party does. If I am prevented from selling something, in this case my body, then it is obvious that I do not legally own it. Someone else does. In the present United States the government claims legal ownership of its citizens, as evidenced by the Selective Service Act and the income tax, so it is a little bizarre for present-day involuntary slaves of the state to posture about their opposition to historical involuntary private slavery. Note that the fact your owner has not elected to draft you is of no more significance to your legal and factual status as a slave to the state than the fact that the owner of a field slave in the 1800s did not require him to work in the fields on a particular day.

As to the second part, state sovereignty is not conditional. For good or ill, either it exists or it does not. Also, slavery could not possibly have been the primary issue inspiring secession due to the fact that four slave states remained in the Union. But regardless of whether or not slavery was the secondary or tertiary factor beyond the pre-war economic rape of the South by the North, that is totally irrelevant with regards to the question of whether a sovereign state had the right to secede from a voluntary union or not. The great evil of the Civil War and the irrelevance of slavery can be seen by the fact that the Union is no longer voluntary, but is imposed by force to this date even though private involuntary slavery is now a dead issue.

Regarding the second question, my opinion of Lincoln has absolutely nothing to do with his plans regarding the former slaves. The reason he is by far the worst president is because he murdered the American Republic and imposed the American Empire on the American people at a tremendous cost in American blood. He was America’s Caesar, and like Caesar, he received a fitting reward for his treasonous crime against his country.

UPDATE – In answer to the inevitable and illogical argument that the Southern States secession was all about slavery, consider the following analogy. Suppose you want to fly a flag, as permitted by the rules of your homeowner’s association, but the committee that runs the homeowner’s association suddenly decides they don’t want you to fly one. They show up at your house unannounced to inform you of their decision, then barge into your bedroom in order to confiscate any flags that they might find. If then you punch the head of the committee in the face, was your desire to fly a flag the cause?


Mailvox: the return of Uber Dawks

Apparently not content with demonstrating his complete ignorance of American history and PZ Myers’s confirmed cowardice, Uber Dawks has returned as part of his quixotic crusade to demonstrate that militant atheists are every bit as smart and educated as they are socially adept and sane.

After mockingly laughing my way through the two days worth of posts to your site that were inspired by my email, I’ve come to the conclusion that you and your “ilk” may be even more delusional than I could have ever imagined. When they discuss you at Pharyngula, I would think to myself that no one could be that obtuse, delusional and falsely magnanimous. Turns out that you are all that and more.

PZ afraid to debate you? Why should he debate delusional fundies like you? You wanna know why he doesn’t have to? Courtier’s reply. All you Christards have to contribute is philosophical flatulation about your phony baloney sky daddy. You have no objective proof of god’s existence at all. I challenge anyone on your site to give me one thing — one tiny piece of objective evidence for god that cannot be better and more fully explained by natural science.

Oh, and all your posters whining about the Christards label…sorry for being honest with you, but you are mentally handicapped if you actually believe that some bearded Jew (who probably didn’t even actually exist) came back from the dead 2000 years ago. So I called you a bad name, boo-hoo. You use negative labels for atheists all the time on your site.

Are you just not smart enough to see your hypocrisy? For all the self-promoting about your IQ, you could not on your best day come up with a universal neutralizer and falsifier for atheism the way Myers has done for theism with his Courtier’s Reply. That’s why conservative sky bully worshippers like you and philosophical liars like William Layne Craig aren’t fit to be in the same conversation with PZ Myers or Richard Dawkins.

In reading the responses from those two other atheists (assuming those emails were real, which I doubt) I have only one thing to say to them. Grow some balls. Stop bowing to the tyranny of the religious majority. You Christians and Muslims are destroying this world with your religious nonsense and killing everyone else in the process. Sam Harris wrote about conversational intolerance and possible retributive violence against dangerous religious groups, and what he says is true. Atheists need to speak out and show that we will no longer tolerate your fairy tales and your killing in the name of them. All atheists need to join together and drag all of you kicking and screaming from the Dark Ages into the modern secular age, whether you like it or not.

Fact is this: Atheists are winning. Look at Denmark or France or the UK. Your sky fairy is about to go bye-bye.

That idiotic cartoon you posted shows that you are as clueless about atheists as you are science. Atheists do not look like that at all. George Clooney, Bill Maher, Adam and Jamie from Mythbusters are all atheists. Brad Pitt is functionally atheist. Joss Whedon is a feminist and an atheist and has stated that knowing there is no god is “a very important thing for you to learn.”

These guys are famous, they get women and are nothing like that idiotic cartoon. What should I expect though, Mariano from TrueFreeThinker is nearly as bad as you are. He spends his time tossing philosophical chum into the water to be decimated by atheist piranha.

The problem is that you people with your god-goggles on can’t see reality. This is why Darwinian Evolution deniers, Global Warming deniers and Christian fundies go hand in hand. All of you are in the same boat and most of you are the same guy.

Best of luck. When you die, you pass into nonexistence. That’s it. Get over your fairy tales now and do something worthwhile like help save the environment.

Let’s count the most conventional signs of atheist cluelessness:

1. Thinks The Courtier’s Reply is meaningful – check!
2. Thinks the Dark Ages existed – check!
3. Doesn’t know what “evidence” is – check!
4. Science fetish – check!
5. Thinks religion is a serious global threat – check!
6. Thinks atheists are winning in Europe – check!

I have to say that the appeal to Brad Pitt and Joss Whedon is a new one on me. Wow! I will really have to rethink all of my most fundamental conclusions about life, the universe and everything. What use is Aristotle, Augustine, and Thomas Aquinas when you’ve got Adam and Jamie from Mythbusters!

And since he brought it up….