Category: Books

I never knew Joseph Smith ran for President

by  Tyler Cowen in

Eventually, Smith declared himself a candidate for the White House.  His proposed platform was an awkward conglomeration of popular, though incongruent, principles including restoring the national bank, cutting Congress members’ salaries, annexing Texas, and instituting the gradual abolition of slavery.  Hundreds of Mormon men, including Brigham Young, swarmed the nation campaigning for their prophet to become president.

That is from the new and excellent Benjamin E. Park, American Zion: A New History of Mormonism.  An excellent book, good enough to make the year’s best non-fiction list.

I also learned recently (from Utah, not from this book) that early Mormons would drink alcohol and “Brigham Young even operated a commercial distillery east of Salt Lake City, and his southern‐Utah “Dixie Wine Mission” (1860s‑80s) was organized to supply sacramental, medicinal, and commercial wine for the territory.”  By the time Prohibition rolled around, however, Mormons were close to completely “dry.”

My Conversation with the excellent Jennifer Pahlka

by  Tyler Cowen in

Here is the audio, video, and transcript.  Here is the episode summary:

Jennifer Pahlka believes America’s bureaucratic dysfunction is deeply rooted in outdated processes and misaligned incentives. As the founder of Code for America and co-founder of the United States Digital Service, she has witnessed firsthand how government struggles to adapt to the digital age, often trapped in rigid procedures and disconnected from the real-world impact of its policies. Disruption is clearly needed, she says—but can it be done in a way that avoids the chaos of DOGE?

Tyler and Jennifer discuss all this and more, including why Congress has become increasingly passive, how she’d go about reforming government programs, whether there should be less accountability in government, how AGI will change things, whether the US should have public-sector unions, what Singapore’s effectiveness reveals about the trade-offs of technocratic governance, how AI might fundamentally transform national sovereignty, what her experience in the gaming industry taught her about reimagining systems, which American states are the best-governed, the best fictional depictions of bureaucracy, how she’d improve New York City’s governance, her current work at the Niskanen Center, and more.

Excerpt:

COWEN: Does that mean we need something like DOGE? I’ve lived near DC for about 40 years of my life. I haven’t seen anyone succeed with regulatory reforms. You can abolish an agency, but to really reform the process hasn’t worked. Maybe the best iteration we can get is to break a bunch of things now. That will be painful, people will hate it, but you have a chance in the next administration to put some of them back together again.

Maybe it’s just in a large country, there’s no other way to do it. We have separation of powers. The first two years of DOGE will seem terrible, but 8, 12, 16 years from now, we’ll be glad we did it. Is that possible?

PAHLKA: I don’t know what’s going to happen. I do think this is the disruption that we’re getting, whether it’s the disruption we wanted. The question of whether it could have been done in a more orderly manner is a tough one. I just feel sad that we didn’t try.

COWEN: Are you sure we didn’t try?

PAHLKA: I don’t think we really tried.

COWEN: The second Bush presidency, people talked about this, what we need to do. Al Gore — some of that was good, in fact, reinventing government. We’ve been trying all along, but this is what trying looks like.

PAHLKA: Yes. I think reinventing government happened at a time when we were just at the beginning of this digital revolution. It was trying with a very 20th-century mindset. Fine, did well within that context, but we don’t need that again.

We need 21st century change. We need true digital transformation. We need something that’s not stuck in the industrial ways of thinking. I don’t think we tried that. I think the efforts have just been too respectful of old ways of working and the institutions. There was really not an appetite, I think, for what I would call responsible disruptive change. Would it have worked?

COWEN: Is there such a thing?

PAHLKA: I don’t know. [laughs]

COWEN: Say you’re approaching USAID, where I think the best programs are great. A lot of it they shouldn’t be doing. On net, it passes a cost-benefit test, but the agency internally never seemed willing to actually get rid of the bad stuff, all the contracting arrangements which made American Congress people happy because it was dollars sent to America, but way inflated overhead and fixed costs. Why isn’t it better just to blow that up — some of it is great — and then rebuild the great parts?

PAHLKA: It’s so hard to say. [laughs] I’ve had the same thought. In fact, before inauguration, I wrote about the Department of Defense. It’s the same thing. There’s a clear recognition by the people in the institution, as you saw with USAID, that this is not okay, that this is not working. It’s just strange to be in an institution that large where so many people agree that it’s not working, from the bottom to the top, and yet nobody can make really substantive change.

Of great interest, obviously.

My Conversation with the excellent Sheilagh Ogilvie

by  Tyler Cowen in

Here is the audio, video, and transcript.  Here is part of the episode summary:

Tyler and Sheilagh discuss the economic impacts of historical pandemics, the “happy story” of the Black Death and why it doesn’t stand up to scrutiny, the history of variolation and how entrepreneurs created vaccination franchises in 18th-century England, why local communities typically managed epidemics better than central authorities, the dastardly nature of medieval guilds, the European marriage pattern and its disputed contribution to economic growth, when sustained economic growth truly began in England, why the Dutch Republic stagnated despite its early success, whether she agrees with Greg Clark’s social mobility hypothesis, her experience and conducting “anthropological fieldwork” on English social customs, the communitarian norms she encountered while living in Germany, her upcoming research project on European serfdom, and more.

Here is one excerpt:

OGILVIE: …If you were a teenager in an English village in the 18th century and you were deciding, “I’m going to move to London and get a job,” you and your friendship group from the village would all go into the nearest town and pay a commercial variolator. You’d all get smallpox together. You’d go back to your village. You’d suffer through this mild case of smallpox, and then you would be immunized for life, assuming that you hadn’t died. You would go off to London and seek your fortune. It was very much a normal teenage thing to do.

There was this incredible franchising set up in England. It was like a McDonald’s, but to get variolated. There were these entrepreneurs who advertised themselves as having lower-risk ways of getting immunized and cheaper ways of getting immunized. There was this famous family of the Suttons that started a franchise in 18th-century England in the 1750s. Then they spread into the continent of Europe and actually into North America.

COWEN: You would have done it back then?

OGILVIE: Oh, definitely.

COWEN: With enthusiasm.

And this:

COWEN: You’ve now lived in England for well over 30 years. What’s been your biggest surprise about the place, if anything has stuck?

OGILVIE: It keeps on surprising me. I’ve actually lived here for more than 46 years. I moved here as an undergraduate. I came here when I was 16, and I feel as if I’m still doing anthropological fieldwork on the behavioral patterns of these strange local tribes. There are these systematic things — they’re charming, but they’re very strange.

For instance, just to give one example, English people are very reserved. I get on with that because Canadians are fairly reserved as well. It’s okay to talk to people in your neighborhood if they have a dog with them. That’s a conversation mediator. Or if you are gardening in your front garden, but if you’re in your back garden, you’re not supposed to talk to people. It’s taken me a few decades to observe this as an empirical regularity.

Nobody ever tells you that this is how you’re supposed to behave, but if you keep your field notebooks going as an anthropologist, you begin to notice the tribal patterns of the English. I must like them, since here I still am after more than four decades.

Recommended.

Rebecca Yarros and the vibe shift

by  Tyler Cowen in

The New York Times has described her recent Onyx Storm as the bestselling adult book of the last twenty years, as the work sold 2.7 million copies in the first week of publication.  Out of curiosity I started the book, but it is not for me.  It feels like reading a computer game?  Grok 3 suggested it attempts to be “adrenaline-fueled,” with “vivid sensory details.”  The sex scenes are remarkably explicit for regular popular fiction.  The plot is centered around dragons (I did enjoy the first Paolini book).

According to the book jacket, Yarros “loves military heroes” and has six children.  One of them was first fostered, and then adopted.  She cofounded with her husband a non-profit to help kids in foster care.

And so the vibe shift continues.

That was then, this is now — Liverpool heliport edition

by  Tyler Cowen in

For a brief moment in the mid-1950s, it seemed as if Liverpool’s transportation system was about to be revolutionised, not by cars, trams, buses or ferries, but instead by helicopters.  As strange as it may seem, Liverpool was at the forefront of a flurry of interest from planners and politicians who imagined that an age of mass helicopter transit was just around the corner.  With their vertical life, small size and ability to land on the roofs of buildings, helicopters seemed ideal for short trips between and even within cities.  From 1953, Liverpool’s City Engineer, Henry Hough, began to draw up plans for a network of heliports that would connect seamlessly with buses and form the basis of an integrated ground and sky transit system…After flirting with the idea of using floating pontoons in the Mersey to land helicopters, he settled on plans for a new integrated bus and helicopter station on a patch of bombed ground between Paradise Street and Canning Place.

That is from the new Sam Wetherell book Liverpool and the Unmaking of Britain.  All those plans ended, however, as the popularity of the car spread amongst Liverpool residents.

More broadly, the book has quite a bit of useful and interesting content, though reading it you would never realize that Liverpool today is a far wealthier place than in times past.  It seems always to be in decline.  There is also too much “fashionable left-wing jargon,” plus an unwillingness to stress that capital accumulation is what boosts wages.  Will books like this one ever be willing to shed those features?

What I’ve been reading

by  Tyler Cowen in

David Sheff, Yoko: A Biography.  An excellent work, I view Yoko as a quite good visual and conceptual artist, a sometimes quite interesting but hard to listen to in any volume musical creator, and overall a pretty stunning woman.  Sheff has known Yoko well for decades, so you get a real sense of her from this book, even if you wonder that perhaps not all details are being reported.  I learned also that the same guy at Sarah Lawrence dated by Yoko and Sylvia Plath.

Diane Coyle has a new book coming out, The Measure of Progress: Counting What Really Matters.

Reviel Netz, Why the Ancient Greeks Matter: The Problematic Miracle that Was Greece. Uneven but periodically fascinating: “But science was but a small part of the Greek cultural sphere and it would be surprising if the overall contours of Greek cultural life could be explained through science alone. It seems much more promising to consider…what mattered the most to the Greeks themselves. This was their literary legacy: their canon.”

There is Michael M. Rosen, Like Silicon from Clay: What Ancient Jewish Wisdom Can Teach Us About AI.

And Jill Eicher, Mellon vs. Churchill: The Untold Story of Treasury Titans at War.

Edward Tenner, Why the Hindenburg Had a Smoking Lounge: Essays in Unintended Consequences, collects many earlier essays by the master.  From The American Philosophical Society Press, a new venture.

And there is James Grant, Friends Until the End: Edmund Burke and Charles Fox in the Age of Revolution.

I’ve also been reading “in the cluster,” trying to better understand what is sometimes called The Hundred Years War, between England and France.

The vanishing male writer

by  Tyler Cowen in

It’s easy enough to trace the decline of young white men in American letters—just browse The New York Times’s “Notable Fiction” list. In 2012 the Times included seven white American men under the age of 43 (the cut-off for a millennial today); in 2013 there were six, in 2014 there were six.

And then the doors shut.

By 2021, there was not one white male millennial on the “Notable Fiction” list. There were none again in 2022, and just one apiece in 2023 and 2024 (since 2021, just 2 of 72 millennials featured were white American men). There were no white male millennials featured in Vulture’s 2024 year-end fiction list, none in Vanity Fair’s, none in The Atlantic’s. Esquire, a magazine ostensibly geared towards male millennials, has featured 53 millennial fiction writers on its year-end book lists since 2020. Only one was a white American man.

Over the course of the 2010s, the literary pipeline for white men was effectively shut down. Between 2001 and 2011, six white men won the New York Public Library’s Young Lions prize for debut fiction. Since 2020, not a single white man has even been nominated (of 25 total nominations). The past decade has seen 70 finalists for the Center for Fiction’s First Novel Prize—with again, not a single straight white American millennial man. Of 14 millennial finalists for the National Book Award during that same time period, exactly zero are white men. The Wallace Stegner Fellowship at Stanford, a launching pad for young writers, currently has zero white male fiction and poetry fellows (of 25 fiction fellows since 2020, just one was a white man). Perhaps most astonishingly, not a single white American man born after 1984 has published a work of literary fiction in The New Yorker (at least 24, and probably closer to 30, younger millennials have been published in total).

Here is more from Jacob Savage at Compact.

What should I ask Helen Castor?

by  Tyler Cowen in

Yes I will be doing a Conversation with her.  Here is Wikipedia:

Helen Ruth Castor FRSL (born 4 August 1968) is a British historian of the medieval and Tudor period and a BBC broadcaster. She taught history at the University of Cambridge and is the author of books including Blood and Roses (2004) and She-Wolves: The Women Who Ruled England Before Elizabeth (2010). Programmes she has presented include BBC Radio 4‘s Making History and She-Wolves on BBC Four. Her most recent book is The Eagle and the Hart: The Tragedy of Richard II and Henry IV (2024).

I very much liked her last book in particular.  And here is a good interview with her.  So what should I ask her?

My excellent Conversation with Ezra Klein

by  Tyler Cowen in

Ezra is getting plenty of coverage for his very good and very on the mark new book with Derek Thompson, Abundance.  So far it is a huge hit after only a few days.  I figured this conversation would be most interesting, and add the most value, if I tried to push him further from a libertarian point of view (a sign of respect of course).  Here is the audio, video, and transcript.  Here is part of the episode summary:

In this conversation, Ezra and Tyler discuss how the abundance agenda interacts with political polarization, whether it’s is an elite-driven movement, where Ezra favors NIMBYism, the geographic distribution of US cities, an abundance-driven approach to health care, what to do about fertility decline, how the U.S. federal government might prepare for AGI, whether mass layoffs in government are justified, Ezra’s recommended travel destinations, and more.

Lots of good back and forth, here is one excerpt:

COWEN: Here’s a question from a reader, and I’m paraphrasing. “I can see why you would favor Obamacare and an abundance agenda because Obamacare throws a lot more resources at the healthcare sector in some ways. It did have Medicare cuts, but nonetheless, it’s not choking the sector. But if you favor an abundance agenda, can you then possibly favor single-payer health insurance through the government, which does tend to choke resources and stifle innovation?”

KLEIN: I think it would depend on how you did the single-payer healthcare. Here, we should talk about — because it’s referenced glancingly in the book in a place where you and I differ — but the supervillain view that I hold and your view, which is that you should negotiate drug prices. I’ve always thought on that because I think in some ways, it’s a better toy example than single payer versus Obamacare.

I think you want to take the amount of innovation you’re getting very, very, very seriously. I’ve written pieces about this, that I think if you’re going to do Medicare drug pricing at any kind of significant level, you want to be pairing that with a pretty significant agenda to make drug discovery much easier, to make testing much easier.

And:

COWEN: What should the US federal government do to prepare for AGI? We should just lay off people, right?

KLEIN: [laughs] I would not say it that way. I wouldn’t say just lay off people. I think that’s some of what we’re doing.

COWEN: No, not just, but step one.

KLEIN: Do you think that’s step one? Do you buy this DOGE’s preparation-for-AGI argument that you hear?

COWEN: I think maybe a fifth of them think that. Maybe it’s step two or step three, but it’s a pretty early step, right?

KLEIN: I think that the question of AI or AGI in the federal government, in anywhere — and this is one reason I’ve not bought this argument about DOGE — is you have to ask, “Well what is this AI or AGI doing? What is its value function? What prompt have you given it? What have you asked it to execute across the government and how?”

Alignment, which we have primarily talked about in terms of whether or not the AI, the superintelligence makes us all into paperclips, is a constant question of just near-term systems as well. I think the question of how should we prepare for AGI or for AI in the federal government first has to do with deciding what we would like the AI or the AGI to do. That could be different things to different areas.

My sense — talking to a bunch of people in the companies has helped me conceptualize this better — is that the first thing I would do is begin to ask, what do I think the opportunities of AI are, scientifically and in terms of different kinds of discoveries…

And this:

COWEN: Let me give you another right-wing view, and tell me what you think. The notion that the most important feature of state capacity is whether a state has enough of its citizens willing to fight and die for it. In that case, the United States, Israel, but a pretty small number of nations have high state capacity, and most of Western Europe really does not because they don’t have militaries that mean anything. Is that just the number one feature of abundance in state capacity?

Recommended, obviously.

An Economic Approach to Homer’s Odyssey: Part III

by  Tyler Cowen in

Published by Liberty Fund, by me, here is the third and final installment.  Excerpt:

“Below is a brief and simplified catalog of the major polities described in The Odyssey:

  • • Pylos and Sparta: Visited by Telemachus, superficially seem normal but they seem sadder on reflection and Sparta relies on intoxication to support public order.
  • • Ogygia, or Calypso: An unbearable paradise, there is no utopia.
  • • Phaeacia: Relatively well-run, inward-looking, passive-aggressive, “control freak” syndrome.
  • • The Lotus Eaters: Another unbearable “utopia.”
  • • The Cyclopes: Anarchistic, brutish, and the community is ineffective and unable to defend itself.
  • • Aeolus: A closed society, based on incest, hostile to outsiders, a more extreme and dysfunctional version of Phaeacia.
  • • Laestrygonia: Giants, they throw boulders and murder, and in some ways resemble the Cyclopes. Tendencies toward anarchy are widespread, and not confined to the Cyclopes.
  • • Aeaea (Circe): There is the bed of tyrannical but beautiful Circe, or life as a well-fed pig. Again, utopias are impossible and immortality would bore us.
  • • Cimmeria: Dark, bleak, and unloved by God. Possibly the default setting.
  • • The Underworld: Everyone is sad (and dead), yet they talk like actual humans and also tell the truth. Lesson: the living cannot escape artifice and deception.
  • • Ithaca: Usually wrapped up in war and revenge-taking, chaotic and lacking in trust and lacking in clarity about sovereignty. This is another one of the default options.
  • • Syria: Initially prosperous but wrecked by the arrival of avaricious merchants. Unstable.
  • • Crete: A diverse society of perfect trust, within a narrative of Odysseus-in-disguise, but it has no chance of existing.”

My overall goal has been to pull out the implicit “public choice” strands in Homer’s Odyssey.  It is very much a poem about politics, and the book is among other things a study in comparative politics.

Do read the whole essay, and here are parts one and two.

Boettke on the Socialist Calculation Debate

by  Alex Tabarrok in

An excellent EconTalk episode with Pete Boettke on the socialist calculation debate.

I like Boettke on the three Ps.

The three Ps–property, prices, and profits and loss. Property incentivizes us. Prices guide us. Profits lure us to new changes and losses discipline us.

Today, “incentives matter” is often considered the first lesson of economics. But not so in the 1930-1940s.

Yeah, it’s so weird to read 1930s economics. Hayek’s colleague, H.D Dickinson, at LSE–when he teaches his course on economics of planning, his first statement is, ‘We will truck with no incentive talk here.’ Okay. Lange, in his famous paper on socialism, says that incentives are psychological problems and therefore not economic theory.

Pete’s new book on the socialist calculation debate with Candella and Truit is very good and available here.