Category: Politics

Uncommon Goods

Mark Davis2 Comments

In the days before Trump’s inauguration we can see some of the reflections of alt-right and conspiratorial ideas crawling ashore from febrile ponds. They range from mildly-incoherent free-wheeling-conspiratorial (Peter Thiel), to narrowly self-serving Libertarian-light (Marc Andreessen), to often contradictory, racist, and cruel (Curtis Yarvin). What should be asked about each is what vision they have of a common good for America and, though they and the MAGA movement are largely focused on our country, how also the larger world might benefit or change as a result of a new form of American engagement with the world. The idea of a common good is an old one that has been brought back into vogue by some social and legal theorists, like the “common good constitutionalist” Adrian Vermuele who I wrote about previously. For Vermuele there is a common good in redistributing land and resources to help the poor as well as in the government restricting and limiting free speech to enforce his concept (informed by his Catholicism) of morality in thought and action.

In radical contrast we have the new MAGA commentariat. There are some fundamental contradictions at the heart of the MAGA braintrust. On the one hand, they see a runaway federal government that hides facts and strong-arms business leaders with threats of regulation and lawsuits. The government and the establishment media and universities support activism by positioning themselves as the fact-sifters and thought leaders. Andreessen complains that educated workers demand too much from his companies. They want environmental and sustainability commitments. They want DEI policies. They want positions on global affairs and worldwide LGBTQ+ rights. It’s annoying to Andreessen and makes entrepreneurship too complicated.… Read the rest

Time, Consciousness, and Joy in 2025

Mark Davis2 Comments

A glorious 2025 comes roaring in despite the nastiness of contemporary American and (some) worldwide politics. Everyone’s angry, despite the ingenious control of murderous pathogens, the brilliant performance of the post-COVID economic recovery in the United States, dropping crime rates, and the continued progress on reducing and eliminating worldwide poverty. But these are aggregate measures of social and scientific success and far too many individuals remain discontented with their own status and fears that social forces beyond their control are limiting their success and happiness.

In this, one must be circumspect: reading out stats that contradict the mood is not reading the room. So, instead, I try to focus on unexpected innovations that lead us to defocus on our own situational context and towards a larger reimagining. This is a modern therapy that isn’t dismissive of the effectiveness of our highly successful institutions of scientific achievement, peace-preserving world orders, and liberal democracies that effectively balance individual freedoms against order. It’s a celebration of them, instead.

I give you two new joys as the new year starts to build. First, we have the novel realization that dark energy and matter might be better explained by relativistic distortions of space-time in the universe based on the quantities of matter in denser versus void-like areas of space. Here’s Anton Petrov with a primer:

This certainly simplifies things if true, but it needs to be observationally verified and reconsidered if it doesn’t pan out. There’s that underlying joy in science: everything is tentative because we are all flawed.

The second development changes from an external focus on the monumental scale of the universe to something much more human. I’ve previously covered the curious theory of quantum consciousness proposed by Roger Penrose and Stuart Hameroff, but there have been some recent developments.… Read the rest

Gamify This Gnashing

Mark DavisLeave a comment

Oh, the great gnashing of teeth! How can so many Americans favor this felon, low-rent authoritarian, swindler, sexual predator, and singularly unfit former president over Kamala Harris? And also push the House and Senate into red dominance? The analyses run the gamut, from late outreach to young men, the effective use of podcasts, ineffective Democratic messaging, a postmodern normalization of sexism and racism, and the lingering impact of inflation captured by the new phrase, “the lived economy,” which is a way of side-stepping actual economic indicators and focusing on individual anecdotes for reading-out unease.

But perhaps the most interesting to me is the suggestion that there are two abstractions that contemporary “conservatives” have recently excelled at (adding in scare quotes to give the RINOs and Never Trumpers a way to gnash their cheeks): aesthetics and archetypes. Brand differentiation and identification is critical for low information voters, and the archetypes and surrounding aesthetics serve as proxies for a vision of who should be a ruler and why. Democrats are too focussed on dry little policy ideas like increasing childcare options or improving housing affordability. The MAGA Republican has Tradwives, podcast bros, and gun gurus.

In 2003 I developed a social media platform called Planktown that I thought radically improved upon the kinds of political discussions, arguments, and trolling that I saw in the comment sections of online newspapers and other platforms. In Planktown, you would create a page for yourself or your party or coalition, etc. and then drag and drop interests and policy points to populate your page. You could link to news stories, other pages, and the whole system would be monetized through advertising and paid subscriptions for pros and campaigns that could get additional analytic tools.… Read the rest

A Myth for Fools and Children

Mark DavisLeave a comment

 

Like the Overton Window, the Economic Expectations Window is the range of acceptable ideas about economics. Here’s my answer to the question of what I would do about inflation if I had been debating with Trump and Biden:

Folks, these two clowns (and one is more clownish than the other…you be the judge) are not divulging the truth about inflation. Here it is: the best guess by economists about our recent spat of inflation is that it was caused by two factors. First, consumer patterns shifted during COVID and that put demand stress on certain areas of the economy. Money chased after home offices and accessory dwelling units, and it stopped flowing to travel and tourism and eating out. Second, the payments and benefits to people—payments that were needed to head off greater suffering and possibly an economic depression—enhanced the effect. You had more money and lots of time on your hands.

There is no Biden or Trump economy. It’s a myth for fools and children, at least insofar as neither of them does anything dumbly radical (ahem, crazy tariffs).

The primary tool our government uses to manage inflation is the independent Federal Reserve changing certain government interest rates and attempting to slow spending. They have a hard task—a difficult balance—because they don’t want to force the economy into a recession. Raised interest rates ripple out and also impact the affordability of homes and cars. But the president doesn’t control how the Fed sets interest rates. They are independent and for good cause: to avoid creating an economic mess for political reasons like juicing the economy before an election.

There is one other tool that presidents do have a hand in, however, and that is taxes and spending by the government.

… Read the rest