Ho hum

Compact Nuclear Fusion Reactor Is ‘Very Likely to Work,’ Studies Suggest (NYT)

What else have we got this year?  Visiting alien drones, life on Venus and Mars, super-acceleration of vaccine production techniques, Tesla valued at mega-levels, and plummeting prices for solar panels.

Remember what I wrote in the final section of The Great Stagnation?  I predicted you’ll all be super-pissed off when it ends.

Tuesday assorted links

1. Beetle technicianRat tickler: “it’s crucial for researchers to know whether the animals are having a positive or negative experience.”

2. No central original point here, but this paper is actually an extremely useful piece for understanding currency risk.  And Captain Beefheart’s ten commandments of guitar playing.

3. “Surprisingly, we document that innovation was resilient in the face of one of the largest financial crises in the U.S. history, suggesting that it is likely to be even more so during milder economic recessions.”  Link here.  One plausible way of reading the result is that independent inventors were damaged, but their efforts were reallocated into firms, which improved by a result.

4. Buried lakes on Mars?

5. An actual scientific study of intermittent fasting suggests no real benefit and loss of muscle mass.

6. “With more of us than ever working from home during the coronavirus pandemic, there has been a spike in demand from employers for surveillance software. US-based Hubstaff says its number of UK customers is up four times year-on-year since February.”  Link here.

New measures for health care productivity

The most productive part of medical care is treatment for cardiovascular disease, both acute conditions and risk factors.  Productivity estimates for acute cardiovascular diseases are $89,000 in aggregate — 79% of the total increase [in health care productivity from 1999 to 2012].

There has been very little progress over that same period in treating mental illness, arthritis, and musculoskeletal conditions.  How about this:?

Despite a vast increase in the number of people treated with drugs for mental illness, the population’s mental health showed essentially no change over time.

Overall medical care was increasing in productivity over that period by about 0.7% a year, still great stagnation territory as they say.

That is all from a new paper by David M. Cutler, Kaushik Ghosh, Kassandra Messer, Trivellore Raghunathan, Allison B. Rosen, and Susan T. Stewart.

The Elite Quality Index

Here are the top ten, by Tomas Casas and Guido Cozzi:

1. Singapore

2. Switzerland

3. Germany

4. United Kingdom

5. United States

China comes in #12, Mexico wins for Latin America, Poland overperforms and France (!) underperforms.  Botswana is #23, and Argentina…uh-oh.  I don’t quite understand how the index is constructed, but how much a given elite focuses on Value Creation and avoids rent-seeking seems to be a key consideration.  The degree of Regulatory Capture counts as a negative.  Overall, the U.S. does very, very well on many metrics, but does poorly on Value Extraction.

Here is the underlying paper.  Here is the sponsoring organization.  Here is a lengthy treatment of the methodology.  For the pointer I thank Chandran.

*The Murder of Professor Schlick*

The author is David Edmonds, and the subtitle is The Rise and Fall of the Vienna Circle.  I very much enjoyed this book, and found its direct style refreshing, and I hope it will serve as a model for others.  The author actually tells you what you want to know!

I enjoyed the small tidbits.  I had not known that Frank Ramsey traveled to Vienna for psychoanalysis, because he was in love with a married woman his senior.  Ramsey ended up drinking the Freudian Kool-Aid, and also in Vienna became acquainted with Wittgenstein’s sister Gretl.

I had forgotten that Quine was two years the senior of A.J. Ayer.  He also spoke sarcastically of his forthcoming audience with Wittgenstein but sought it nonetheless.  Quine learned German remarkably quickly in Vienna, and then was lecturing philosophy in it without much difficulty.

Karl Popper was first an apprentice cabinetmaker, then a social worker, and then a teacher before he became a professional philosopher.  When he moved to New Zealand during the War, the university library in Otago had fewer books than his father’s library back home.

You can pre-order the book here.

Monday assorted links

1. “Secularization, having fissured the sacred, leaves religion a pliable cultural tool.

2. How people find ways to abide by comparative advantage in any case.

3. The race to redesign sugar (New Yorker).

4. Coinbase is a mission focused company, good to see them putting this piece out.

5. Weaker herd immunity in Manaus than had been expected.

6. Poland plans to build six nuclear reactors.

The remixing of quality in the pandemic

That is the topic of my latest Bloomberg column, here is one excerpt:

Now consider another of my favorite pastimes, watching professional basketball. I have been following the NBA bubble with great interest. The Miami Heat are now favored to reach the NBA Finals, even though they were only the fifth-ranked team in the East at the end of the regular season. What happened? They have played with grit and determination, and their entire active roster showed up in first-rate physical shape. That’s not easy to do after a five-month layoff, as it required tremendous discipline.

In contrast, the Los Angeles Clippers were among the favorites to win the NBA title. They were recently eliminated by the Denver Nuggets, a very good team but not previously a top contender. In the final quarter of the last game of the series, the victorious Nuggets played with energy and verve, while the Clippers seemed to be gasping for air. After their defeat, some of the Clippers admitted that inferior conditioning was part of their problem.

So “staying in shape during a five-month layoff” is now a critical skill for a basketball player. But this doesn’t necessarily mean the Clippers need to revamp their roster. Maybe they should just wait for a return to normal times.

And:

Might these changes in quality affect your choices beyond work — such as your decisions about friends, family relations, romance, and much more? Should you buy a dog, knowing you probably won’t be homebound two years from now? How about dating? On a first date, presumably, looks should matter less and social carefulness more. But again, for how long? It would be very strange, and probably unwise, to form a lasting relationship based on how well your romantic interest wears a mask.

Sadly the world has entered a new paralysis, most of all because no one knows when things will return to normal, or what might become normal, or what might remain strange. When this pandemic ends, one thing we can all look forward to is making better plans.

Recommended, at least until the pandemic is over.

Decentralized serological testing?

I would like to know more, but here is one new paper on the topic, by Lottie Brown, et.al.:

Serological testing is emerging as a powerful tool to progress our understanding of COVID-19 exposure, transmission and immune response. Large-scale testing is limited by the need for in-person blood collection by staff trained in venepuncture. Capillary blood self-sampling and postage to laboratories for analysis could provide a reliable alternative. Two-hundred and nine matched venous and capillary blood samples were obtained from thirty nine participants and analysed using a COVID-19 IgG ELISA to detect antibodies against SARS-CoV-2. Thirty seven out of thirty eight participants were able to self-collect an adequate sample of capillary blood (≥50 μl). Using plasma from venous blood collected in lithium heparin as the reference standard, matched capillary blood samples, collected in lithium heparin-treated tubes and on filter paper as dried blood spots, achieved a Cohen′s kappa coefficient of >0.88 (near-perfect agreement). Storage of capillary blood at room temperature for up to 7 days post sampling did not affect concordance. Our results indicate that capillary blood self-sampling is a reliable and feasible alternative to venepuncture for serological assessment in COVID-19.

Via Alan Goldhammer.

Markets in everything those new service sector jobs

Pornography is the most common form of sexual experience available online — so common, perhaps, that a market for rarer intimacies has emerged.

Bottles of influencer bath water sell for $30 a jar. Some cam models have scaled back on erotic performance because they can earn more money selling homemade cookies and hair clippings. You can even pay a stranger to gorge himself on snacks from Trader Joe’s, if that’s your thing.

For some people, such work is a full-time job; others see it as a side hustle — one where the hourly pay can be considerably higher than the going rate for, say, dog walking or bartending. Plus, it doesn’t require leaving your dorm room or apartment…

Ella says that in her first semester at Parsons, she made around $800 a week from a few different sex-work-based revenue streams, including selling photos of her feet…

Still, what’s the appeal, one may ask, of having someone pay you to count your stretch marks, or selling pictures of your phalanges to strangers?

Do note this (Average is Over!):

Becoming a successful online sex worker isn’t easy. To gain a following, freelancers have to be savvy marketers, be highly proficient in search engine optimization, know how to budget, maintain a blog, and have pretty advanced video editing and producing skills.

Mz. Kim has created courses to help people build that skill set, including “Monetizing Your Appeal Online: Content Strategies for Models”; before the pandemic, she held classes across the country. Part of her gospel is: “It’s not about starting a profile on Twitter. You have to provide something more than selfies. You have to think about: What is your core appeal?” (Next week a new class, “Investing for Sex Workers,” will go live.)

Here is the full NYT piece, with plenty of further examples.

Tyrone joins…that group…

Many of you ask me for reports of my evil twin brother Tyrone, but of course I demur because I am too embarrassed to pass along his doings.  They get worse and worse.  Nonetheless, Tyrone said he was going public with this one, so I thought the damage was done in any case.  The sad news is that Tyrone is now an active proponent of QAnon.  How can he fall for such fallacies and stupidities?  He sent me this letter to explain his decision:

Dear Tyler:

You have yourself blogged about the import of child abuse, and asked why it is not condemned more widely, most of all among elites.  You even wrote that the right wing ignored the issue — I thought it is time to remedy that!  We needed a right-wing movement to protect the world’s most vulnerable citizens, and it turned out that looked like QAnon.  Besides, who is more of an elite than I am?

To be sure, the QAnon movement has its excesses, but do not all social movements?  At least it attacks criminals rather than defending them.  The key question is whether social movements shine a light on abusive practices that need further scrutiny, and there QAnon passes with flying colors.

QAnon truly has attracted attention — just look at all the complaints about Facebook enabling it.  In this world you haven’t arrived until someone can turn a criticism of you into a criticism of Facebook.

Jeffrey Epstein was convicted of…stuff…and the world’s elites continued to treat him as normal and to take his money and fly on his plane.  He wasn’t cancelled.

Roman Polanski had a successful and feted career after repeatedly doing very bad…stuff.

The sexual abuse of children has turned out to be rampant in the Catholic Church and also in Hollywood.

I saw the new HBO documentary Showbiz Kids: “In my experience, I know a lot of kids that grew up in the industry. And what surprised me when I got older was finding out that pretty much all of the young men were abused in some way, sexually.”

French intellectuals — and was there ever more of an elite than them? — petitioned to repeal age of consent laws so they can do…bad stuff…with less fear of the consequences.  (See?  Petitions really are wrong!)

By the way, Berlin authorities placed children with pedophiles for thirty years.  And that is in Germany, a country with relatively responsible governance.

This is all so sickening I can’t go on any further, and we haven’t even discussed all that goes on over the internet.

There is in fact an epidemic of child abuse, it ruins or seriously damages many millions of lives, and elites are complicit in covering it up and refusing to address the preconditions that generate so much of it.  These same elites often downplay or discourage the elevation of social conservatism, one of the few possible regulatory mechanisms society might have.  In the very worst situations, these elites are directly complicit in covering up the abuse of children.  Many of the elites partake in it themselves.

Which group has done more to publicize these failings than QAnon, the worthy successor to The Jerry Springer Show?

Yes, Yes I know.  I do not endorse all of their hypotheses concerning political economy.  Maybe Donald Trump will not in fact set all things straight, and perhaps the apocalypse is not around the corner.  No, the molesters do not worship Satan, but given their behavior they might as well.  Should we lock up all those journalists?  I don’t know.  Comet Ping Pong was never as good as Pupatella anyway.  But look — this is what you get when you build a mass movement.  The message does get dumbed down and the crazies climb on board, just as we have Antifa and some other weird groups and demands connected to what are otherwise valuable social marches.  Tyler — you have to get used to this new world of internet communications!  Walter Cronkite is gone.  Either compete or give up, and I’m not willing to do the latter.

For whatever structural reason, elite media seem less obsessed with child abuse as an issue than is “non-elite media.”  That is simply a reality we need to work with, and our unwillingness to discard traditional canons of journalism has led to the perpetuation of these abuses for centuries, indeed dating back to the very founding of the American nation.

Haven’t you read Marcuse on repressive tolerance?

And come on, this very serious guy just wrote this, but not about QAnon:

“But actually diving into the sea of trash that is social science gives you a more tangible perspective, a more visceral revulsion, and perhaps even a sense of Lovecraftian awe at the sheer magnitude of it all: a vast landfill—a great agglomeration of garbage extending as far as the eye can see, effluvious waves crashing and throwing up a foul foam of p=0.049 papers. As you walk up to the diving platform, the deformed attendant hands you a pair of flippers. Noticing your reticence, he gives a subtle nod as if to say: “come on then, jump in”.”

The rot runs much deeper than the fallacies of QAnon.

Besides, it seems that the guy behind QAPPANON (don’t ask) is “a New Jersey man in his forties with prominent roles in technical analysis and IT security for the banking sector.”  Could there be a more reliable source?

And Tyler, I know your criticize me for following these conspiracy theories. But you yourself have written of the need to imagine a future very different from the present and then bring it about? Is that not what a conspiracy tries to do?  Do we not need to counter these evil conspiracies with some more benevolent plans?

Most of all, when it comes to evaluating social movements, you can only elevate so many victims at once.  Isn’t the notion of children as the true victims the most universal and indeed the only vision that can unify this great nation?  People complain about the truth-stretching in QAnon, and OK I get that, but isn’t their real worry the revolutionary re-appropriation of which groups in society can be granted true, #1 victimhood status?  Just as Christianity accomplished a similar revaluation way back when?  (And look at some of the wacky stuff that they believe — ever read The Book of Revelation Tyler?)

I don’t want QAnon to be in charge, but what other tool do we have to force elites to deal with this issue?  Aren’t these just Saul Alinsky tactics?  QAnon isn’t going to control Congress anyway.

Besides, is not apophenia one of the roots of creativity?  Have not Millenarian movements played key and sometimes beneficial roles in Western history?  Is not Christianity itself a Millenarian movement?  How about all that weird ass shit on the back of your dollar bill?

Child abuse is the #1 issue in society right now so…pick your side!  If you don’t like it, stop your silly blogging and come up with a better anti-child abuse movement.

TC again:  See?  This is why Tyrone doesn’t appear much on this blog any more.  It used to be a funny or sometimes even thought-provoking schtick, but these days things are so out of control you’ve got to stick with message discipline.  You can’t just let one speculation lead to the next, because we have so many crazies with major league internet platforms.

Rationalism.  Fact-checking.  Only one family member at a time (sorry sis!).

Please return tomorrow, or perhaps later in the day, for a proper analysis of the incidence of property tax reform in eastern Colorado.  And perhaps there will be some new service sector jobs as well — you can apply!  In the meantime, let’s hope that Tyrone’s QAnon fandom isn’t one of them.

And no, I’m not going to try to reenter the Philippines.

Where do economics journal editors live and work?

Over half the journals we consider have over two thirds of their editorial power located in the USA. A large majority of journals have a tiny editorial contribution from academics located outside of North America and Europe. Any one of the states of California, Massachusetts and Illinois has more power than the four continents of Asia, South America, Africa and Australasia combined.

That is from a new paper by Simon D. Angus, Kadir Atalay, Jonathan Newton, and David Ubilava.  Here is a useful visual showing the actual distribution.

Saturday assorted links

1. Thingifying the world.

2. Late nights make the President angry on Twitter.

3. Many experts downplay or even sneer at the preexisting immune response idea when “the kooks” bring it up (e.g., Fauci vs. Rand Paul, for one), but the evidence for it is growing.  Its relevance now seems quite likely.

4. Law Firms Pay Supreme Court Clerks $400,000 Bonuses. What Are They Buying? (NYT)

5. Could Einstein get published today? (WSJ)

6. NLRB Files Complaint Against Socialist-Themed Vegan Meat Company That Fired Union Organizers.  The company is called No Evil Foods.

7. Raj Chetty during the pandemic (Bloomberg).

The impact of the pandemic on the underground economy

Dan Murphy emails me:

I’m wondering if the pandemic is having an outsized effect on the underground economy relative to the economy as a whole.  For instance, many of the small businesses that are shuttered or scaled down would be more likely to engage in unreported cash transactions than the online retailers who have thrived.  One further, consumers purchasing from small business are less likely to use cash as payment for sanitary reasons or because their payments are processed through Seamless or Uber Eats.  With estimates of the size of the underground economy between 11 and 23%, could a 10-50% reduction in these transactions mean we are significantly underestimating the size of the slowdown?

Any thoughts?  Any pointers on further discussion?

Do any of you know of good treatments of this?