Arrived in my pile

by on June 20, 2017 at 2:07 pm in Books | Permalink

All look very good and very useful:

George Selgin, Money Free and Unfree

Barak D. Richman, Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange

Guy Standing, Basic Income: A Guide for the Open-Minded

Eminent Domain: A Comparative Perspective, edited by Iljoong Kim, Hojun Lee, and Ilya Somin

1 JWatts June 20, 2017 at 3:47 pm

“Basic Income: A Guide for the Open-Minded”

I despise this type of title with the implication that anybody not agreeing with the premise is “Close-Minded”.

2 Cooper June 20, 2017 at 4:46 pm

So now we have Subway Pedophile Truthers alongside the usual crop of Sandy Hook Truthers?

3 Art Deco June 20, 2017 at 4:48 pm

Oh so we should just accept what the media says, what if Jared Fogel is innocent? Why would a man who lost 700 Pounds eating subway turkey sandwhiches throw it all away?

4 GoneWithTheWind June 20, 2017 at 5:16 pm

More seductive “free stuff”. For what purpose? Who benefits? If a country adopted this it would force businesses and wealthy people to move. Move where? It is a suicide pact. But who benefits? Why is it being pushed when even a child can see it cannot work except of course to destroy a nation. Who benefits from destroying a Western/1st world nation???

5 Sour Krout June 20, 2017 at 9:04 pm

Prussia introduced old age pensions in 1889 and as a result ceased to exist as an independent state 18 years earlier.

6 swedenborg June 20, 2017 at 5:21 pm

> I despise this type of title with the implication that anybody not agreeing with the premise is “Close-Minded”.

Given your reluctance to consider any work titled “a guide for the open-minded”, it seems reasonable to infer that such a work is Not For You. Isn’t it gracious of the author to let you know so quickly? The opposite of click-bait?

7 JWatts June 20, 2017 at 5:33 pm

“it seems reasonable to infer that such a work is Not For You”

You could infer it, but you’d be wrong. I’m inclined to support some form of Work based Basic Income, such as the EITC.

” Isn’t it gracious of the author to let you know so quickly?”

No, not particularly. At the very least the author missed a potential sale by creating a title designed to split people into groups rather than bring them together.

8 swedenborg June 20, 2017 at 6:27 pm

> … missed a sale …

If the author’s purpose was to extract cash from someone who would not like the book, then yes, the author should have used a click-bait title.

Instead, the author wants to protect someone who would not like the book from purchasing it by accident. By putting “for the open minded” right on the front, you know to keep your money in your wallet, and the author will be relieved of any feelings of guilt about tricking you into purchase.

You already know that you are willing to support EITC, and you already know that you do not want to attend to the case for other models of Basic Income. Why would an honest author want to take your money for something you don’t want to read?

9 JWatts June 21, 2017 at 10:25 am

You seem to be intentionally ignoring the points I’ve said.

I’m interested in the topic of Basic Income. Specifically a Basic Income with a work requirement, similar to the EITC. Normally a book like this would be something that I would be predisposed to buy. The title with it’s cloying title is oft putting and makes it unlikely I will buy it.

10 Cooper June 20, 2017 at 5:08 pm

*George Selgin, Money Free and Unfree*

What is with the gold fetishization? Has anyone ever done a practical analysis of the mechanics of returning to a gold standard? It seems like even a cursory glance at the figures suggests a massive, artificial transfer of wealth to the existing owners of gold.

11 George Selgin June 20, 2017 at 5:47 pm

What makes you assume that my book argues for a return for gold? In fact, it doesn’t, though not for the reason you offer, which is a bad one. In fact, if you want to reward gold ownership, fiat money is the way to go. A quick look at the history of gold’s real (relative) price will affirm that.

12 Ray Lopez June 20, 2017 at 10:20 pm

George is always right folks. I try and battle him at the Cato site but I’m something like 0-for-five and counting… but I do get some good shots in once in a while.

13 Ray Lopez June 20, 2017 at 10:47 pm

A date that no doubt (without having yet read George’s book, but I intend to, it’s very reasonably priced to) looms large is the infamous date of: February 25, 1862, when “”… you can read the rest.

14 Benny Lava June 20, 2017 at 11:56 pm

That is exactly the point. The goldbugs are all long on gold for a reason.

15 rayward June 20, 2017 at 7:21 pm

Stateless Commerce: Richman picks the most irrational market, the market in diamonds, to promote stateless commerce. If he had picked rice or potatoes or tulips. No, wait, he did pick tulips.

16 Tom T. June 20, 2017 at 8:00 pm

Someone named “Guy Standing” must have had the most indifferent parents ever. Maybe they thought he’d have a great career as a movie extra.

17 Crikey June 20, 2017 at 8:55 pm

Clearly he had great parents who thought ahead to minimize the impact of poor performance. When an announcer says, “Last – Guy Standing,” it makes him sound awesome rather than the loser.

18 Ray Lopez June 20, 2017 at 10:23 pm

Oh, this is rich: Barak D. Richman, Stateless Commerce: The Diamond Network and the Persistence of Relational Exchange – See more at: “In Stateless Commerce, Barak Richman uses the colorful case study of the diamond industry to explore how ethnic trading networks operate and why they persist in the twenty-first century. How, for example, does the 47th Street diamond district in midtown Manhattan―surrounded by skyscrapers and sophisticated financial institutions―continue to thrive as an ethnic marketplace that operates like a traditional bazaar? … Richman’s explanation is deceptively simple. Far from being an anachronism, 47th Street’s ethnic enclave is an adaptive response to the unique pressures of the diamond industry. Ethnic trading networks survive because they better fulfill many functions usually performed by state institutions. While the modern world rests heavily on lawyers, courts, and state coercion, ethnic merchants regularly sell goods and services by relying solely on familiarity, trust, and community enforcement―what economists call “relational exchange.” These commercial networks insulate themselves from the outside world because the outside world cannot provide those assurances”

My two cents: White Africans in what was known as the British colony of Rhodesia used the pretext of cracking down on diamond smuggling to suppress black Africans. Key players: Sir Roland “Roy” Welensky (ran British Rhodesia for a while), Colonel David Stirling, the “Five Rivers Club”, the “Monday Club”, Jerry Puren, Carlos Huyghe, Dick Browne (who’s wife got cuck’d by Huyghe), Max Glasspole, these last four names being mercenaries and sabotage bomber pilots who by some bizarre coincidence or perhaps plan were at the middle-of-nowhere airport where the pro-Congo, pro-Black independence UN chief Dag Hammarskjord’s plane mysteriously crashed (or was brought down) in 18 Sept 1961, Seven Seas Airlines of Luxembourg (flew missions for the CIA), SAIMR (ostensibly the “South African Insitute for Marine Research” but no research of any renown was ever done by it, rather, it seems to have been a Private Security Company staffed by mercinaries, and may have had a hand in the assassination of the SA Chris Hani as well as UN cheif D.H.), Patrick Wall, Bob de Quehen (chief of police of Welensky), Sir Geoffry Fellows, Lord Alport, David Stirling (Capricorn Africa Society) and many many others. Then there’s this:

“These [southern Africa] organizations— which today are generally referred to as private military companies (PMCs) or private security companies (PSCs)— tended to have their headquarters in Johannesburg and maintained strong links with the UK, Belgium or the USA through business networks or government intelligence. As Madeleine Drohan has shown in her book, Making a Killing: How and Why Corporations Use Armed Force to Do Business (2004), these paramilitary outfits had their roots in Cecil Rhodes’s British South Africa Company, which at the turn of the twentieth century built its own army, the British South Africa Police (BSAP), which went on to become the national police force of Southern Rhodesia. One of these organizations was the International Diamond Security Organization (IDSO), which was set up in 1953 by Sir Ernest Oppenheimer, the founder of De Beers, allegedly to stop diamond smuggling. To set it up, Oppenheimer recruited Sir Percy Sillitoe, the newly retired head of MI5, who was already familiar with Africa from his earlier career as a policeman in Northern Rhodesia. IDSO included among its staff a half dozen intelligence officers from MI5, as told by Ian Fleming in The Diamond Smugglers (1957)” – As related in the excellent conspiracy theorist history book: Williams, Susan. Who Killed Hammarskjold?: The UN, the Cold War and White Supremacy in Africa (p. 222). Oxford University Press. Kindle Edition.

In another day and age I would be challenged to a duel or possibly disappeared for reporting this…now I just have to withstand trolls.

19 Galois June 21, 2017 at 4:05 am

Pistols at dawn, ser!

20 Andrew Alexander June 21, 2017 at 10:14 am

Tyler, don’t you think that the combination of your usually positive book reviews combined with the overwhelming amount of books you read make you a pretty bad person to be giving book reviews?

No one could possibly keep up with you, and you do not really give a way to discern which books regular people should actually give their attention to.


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