Category: Books

What is stochastically the best book to read about Canada?

Here are reader suggestions, I am aggregating this information, do not think of these as independent recommendations from me:

Canada: A Story of Challenge by J. M. S. Careless

For Canada, read “A Fair Country” by John Ralston Saul, “Clearing the Plains” by James William Daschuk, and pretty much any of Pierre Berton’s books.

I recommend “Right Honourable Men” by Michael Bliss for Canada.

Yeah, Vimy is the standard “coming of a nation” book for Canadians – although too oversentimental. The underappreciated element of that book is some weird attempt to recover Hughes’ tarnished image as a proto-Canadian.

Definitenly recommend it to non-Canadians to get a sense of common denominator Canadian “nationalism”

I would second “A Fair Country” but suggest it as part of a field entry with Saul’s “Louis-Hippolyte-Lafontaine and Robert Baldwin”. Though neither works are above criticism, taken together they represent the best attempt available to answer the questions “Why, and how is Canada different from the United States (and western Europe).

Saul’s work is influenced by Harold Innis, particularly “The Fur Trade in Canada” (1930). This also remains worthwhile, if you feel robust enough to handle Innis’ drier-than-the-Sahara prose, and the fact that it is literally a history of the fur trade in Canada.

Canada is a hard one, esp because of the French/English duality — there’s by definition no single overarching narrative. There’s also no single overarching meta-narrative. But to get the sense of what’s up with English Canada, you could do worse than read George Grant’s Lament for a Nation, particularly the 40th anniversary edition with intro by, er, me. The issue isn’t that Grant got it right, it’s that the ways in which he was wrong, and why he remains so wrong influential, are crucial to understanding the anxieties of English speaking Canada. https://www.amazon.ca/Lament-Nation-Canadian-Nationalism-Anniversary/dp/077353010X/ref=sr_1_1?ie=UTF8&qid=1515422833&sr=8-1&keywords=lament+for+a+nation

For Canada, I’d suggest “The Patriot Game” by Peter Brimelow or “Lament for a Nation” by George Grant.

Canada – “The Vertical Mosaic”

For Canada, I recommend “How to be Canadian” or binge watching TSN will suffice. Also check out, trailer park boys and corner gas.

The best book about Canada is “The Patriot Game” by Peter Brimelow. Though Brimelow is now a mostly fringe figure associated with the alt-right and white nationalism, for many years he was a perfectly respected mainstream Canadian journalist who wrote for all the big newspapers and magazines up here. As a Brit, he saw Canada with a certain degree of aloof detachment, and “The Patriot Game” was his effort to write a “Unified Theory of Canada,” that focuses heavily on how Canadian politics, and the “game” of manufacturing a sense of nationalism for a rather curious, anachronistic country (he famously called it “one of the toadstools of history” — that is, something that grew up unexpectedly) provides the essence of Canadian identity. Even as Brimelow’s own reputation has declined, it is still a very widely-quoted book, and was particularly influential in the life of former Prime Minister Stephen Harper.

As a Canadian, I’d like to know an answer to this question. Growing up, history seemed to be a series of microaggressions (e.g. Boer war, endless fur trade disputes). It would be nice to read a more overarching narrative!

Note that several other commentators expressed displeasure with the work of John Ralston Saul.  What else might you recommend as the stochastically best book to read about Canada?

I will be aggregating information for some other countries and regions soon.

Jordan Peterson’s 12 rules for life

Peterson’s 12 rules

Rule 1 Stand up straight with your shoulders back

Rule 2 Treat yourself like you would someone you are responsible for helping

Rule 3 Make friends with people who want the best for you

Rule 4 Compare yourself with who you were yesterday, not with who someone else is today

Rule 5 Do not let your children do anything that makes you dislike them

Rule 6 Set your house in perfect order before you criticise the world

Rule 7 Pursue what is meaningful (not what is expedient)

Rule 8 Tell the truth – or, at least, don’t lie

Rule 9 Assume that the person you are listening to might know something you don’t

Rule 10 Be precise in your speech

Rule 11 Do not bother children when they are skate-boarding

Rule 12 Pet a cat when you encounter one on the street

They are from this article, via Michelle Dawson.

*Off the Charts*

As I’ve already mentioned, the author is Ann Hulbert and the subtitle is The Hidden Lives and Lessons of America’s Child Prodigies.  This is an excellent book, and so far I am overwhelmed by the high quality and quantity of books coming out this January (in comparison to last year’s near drought).  You don”t have to care about prodigies per se, I would recommend this to anyone in Silicon Valley or finance who thinks about how to find and recruit talent, or anyone interested in the history of art, science, or technology.

I had not known that musician Henry Cowell was the protege of Thorstein Vebeln’s ex-wife, Ellen Veblen.  Here is just one bit about Henry:

He was in his element. As Clarissa noted, Henry was highly receptive without being unduly impressionable. “Always he has worked mostly alone,” she observed, “browsing for information, when he felt in need of it, whenever a door opened.”

As a child, he quickly outgrew his town’s public library, and was suspected of skimming the books he claimed to have read.  He could give a clear and detailed summary of each.  He was born in rural Menlo Park, formal schooling never really worked for him, and Irish music remained a touchstone of his composing, albeit supplemented with tone clusters, extreme dissonance, and a variety of rhythmic innovations.  To many people at the time, his music sounded like noise.

Here is a short YouTube clip of Cowell playing the piano.

It’s not a “this puts all the pieces together for you book,” but still I am finding it engrossing.  I take the overall message to be a) mentorship is very important for prodigies, and b) most mentors have no idea what they are doing.

*Elinor Ostrom: An Intellectual Biography*

Once they moved to Indiana University and started the workshop, they were able to return to the initial idea.  Initially, Elinor Ostrom was hired for teaching “Introduction to American Government” on Tuesdays, Thursdays, and Saturdays at 7:30 a.m.  “How could I say no?” she joked later.

That is from Vlad Tarko’s new and very useful biography of Ostrom.  Of course in 2009 she was both the first political scientist and the first woman to win the Nobel Prize in economics.

What I’ve been reading

I do not have time to read it now, but this appears to be an amazing and very high quality volume: David Biale, et.al., Hasidism: A New History, over 800 pp. but it does all appear to be well-written and also interesting, often gripping.

Shaun Walker, The Long Hangover: Putin’s New Russia and the Ghosts of the Past.  Most of all useful for the Russia-Ukraine recent history.

John C. Hulsman, To Dare More Boldly: The Audacious Story of Political Risk.  A consistently interesting history of political risk analysis, I most liked this sentence: “The chapters themselves are baroque in structure, a fond homage to the genius of the pioneering musician and peerless producer Brian Wilson of the Beach Boys, particularly his work on his masterpiece Pet Sounds.”

Peter J. Dougherty, Confessions of a Scholarly Publisher (not yet on Amazon).  Peter was the director of Princeton University Press for many years, and these are his thoughts on the (much underrated) importance of university presses.  I would stress that Michael Aronson (of Harvard University Press) and Peter were two of the most important figures in my entire career.

Tim Rogan, The Moral Economists: R.H. Tawney, Karl Polanyi, E.P. Thompson, and the Critique of Capitalism.  The subtitle says it all.  People talk less about Tawney these days, but his book is well worth reading if you don’t already know it.

I perused them only briefly, but these seemed attractive:

Joshua B. Freeman, Behemoth: A History of the Factory and the Making of the Modern World.

Timothy Tackett, The Coming of Terror in the French Revolution.

Arrived in my pile and not yet scrutinized is:

Anne Fleming, City of Debtors: A Century of Fringe Finance.

The life of Edith Penrose

That is the subtitle, the title is No Ordinary Woman, and the author is Angela Penrose, daughter-in-law of Edith.  Here is one sentence:

Pen also wrote to Edith of his deepening love for her and how he wished she had remained in Virginia with him.

What a dramatic and eventful book.  Edith Penrose (1914-1996) is a not so well-known but highly underrated economist, with her major contributions coming in the theory of the firm and industrial organization.  As a girl, she survived only because her father shot a rattlesnake about to kill her.  Later, her first husband was murdered, right before their first child was born.  She and her second husband, working in Switzerland, helped Jews escape from Germany, and she later did food planning during the war in England.  In 1948 the couple lost one of their three children, right before his third birthday.  Later she received a doctorate in economics from Johns Hopkins, studying under Fritz Machlup.  Machlup at one point wrote a ten-page letter to her, with the top proclaiming: “I implore you to shut off your hypersensitivity and to overlook it if I sound condescending, arrogant or otherwise unpleasant.  I just want to be helpful.”

She headed the Owen Lattimore Defense Fund.  Later, she did not feel entirely comfortable teaching at Johns Hopkins (she was treated badly and not tenured) and so she ended up teaching in Baghdad and Beirut and was also an important early faculty member at INSEAD, perhaps their first world class hire.  She became an expert on energy economics and multinationals, traveling and advising around the world more or less without stopping.  Drawing on her doctoral work, she also published on IP problems for developing economies, an area where she was well ahead of her time.

She enjoyed writing poems and limericks for her own pleasure.  She also was known for her “direct questions” and her “disconcerting remarks.”

I would describe her work as halfway between economics and the business school tradition, broadly in the Austrian school but more descriptive and without the political slant of Mises and Hayek.  Her contributions include:

1. She insisted that models ought to consider where firms were in the midst of a disequilibrium process, rather than assuming perfect competition or some other smoothly honed end-state.  History matters.

2. She was the founding thinker behind “resource-based” theories of the firm, whereby firms are best understood in terms of what resources they have access to, rather than their products.  This was a dominant approach from the 1980s onward, though she received only marginal credit for her seminal role.  She also focused on which were the slack resources of a firm or not, as a means of ascertaining where the firm was headed, and ran all this analysis through a lens of expectations and perceptions, reflecting her studies with Machlup.  She thought in terms of what a firm’s “moat” might be, as you might expect from a contemporary Silicon Valley analyst.

3. She developed a theory of how some firms would grow very large, but based on “economies of growth” rather than economies of scale per se.  She tried to explain how there was a lumpiness to the growth process itself.  Difficulties of coordination serve as the ultimate limit on firm size.

4. In her theories knowledge creation drives economic growth, and that occurs largely within firms.  The cohesive shell of the firm helps to integrate knowledge.

I would describe her style as “every sentence tries to have some insight,” rather than “forcing you to come away with definite conclusions.”  Those of you who are used to models or data may find it frustrating to read her, though every sentences reeks of intelligence.

It does not seem she marketed her work very hard, but rather she was content to work out puzzles and pointers for her own satisfaction.  I read her work as an undergraduate, as it was recommended to me by some of the Austrian economists, and my recent rediscovery of it has been a pleasant surprise.

My Conversation with Ross Douthat

I think Ross, along with Steven Pinker, received the hardest (though never hostile) questions from me, but of course that is a measure of respect.  Plus serious questions about God are difficult by their nature.  Here is how the summarizers described the ground covered:

…Douthat’s views on religion and theology, but then moves on to more earth-bound concerns, such as his stance on cats, The Wire vs The Sopranos, why Watership Down is the best modern novel for understanding politics, eating tofu before it was cool, journalism as a trade, why he’s open to weird ideas, the importance of Sam’s Club Republicans, the specter of a Buterlian Jihad, and more.

Not to mention Reformicons, CRISPR, Thiel/Girard, Godwin’s Law, euthanasia, what Ross learned his mother, and the dangers of too much smart phone use.  Ross responded in fine form, here is the audio and transcript.  Here is one excerpt:

DOUTHAT: I suppose that I’m drawn to the idea that the truth about human existence lies in what can seem like paradoxical formulations, and this is of course very Catholic in certain ways. Certainly a G. K. Chestertonian idea, so I’m just stealing it from other people. But the idea that various heresies of Christianity, Calvinism included — with apologies to my Calvinist friends — tend to take one particular element of you that’s supposed to be in synthesis and possibly in tension, and run with it. And therefore the truth about things lies in a place that may seem slightly contradictory.

And I think this is borne out in many ways in everyday experience. This both-and experience of human existence. The idea that you can’t split up grace and works in any kind of meaningful way. It’s connected to larger facts about the nature of human existence. The tension between determinism and free will that persists in any philosophical system. You can get rid of God and stop having these Jansenist Jesuit arguments about predestination and so on, but you’re still stuck with the free will–determinism debate. That debate doesn’t go away.

So, yeah, there’s a point at the intersection of different ideas that is as close to the truth as our limited minds can get and in Christian thought, we call that point orthodoxy. Now, how that is connected to my political views is a really good question.

And:

COWEN: We all know the Marcionite heresy: the view, from early Christianity, that the Old Testament should be abandoned. At times, even Paul seems to subscribe to what later was called the Marcionite heresy. Why is it a heresy? Why is it wrong?

DOUTHAT: It’s wrong because it takes the form . . . It’s wrong for any number of reasons, but in the context of the conversation we’re having, it’s wrong because it tries to basically take one of the things that Christianity is trying to hold in synthesis and run with it to the exclusion of everything else, and essentially to solve problems by cutting things away.

The Marcionite thesis is, basically, if you read the New Testament, Jesus offers you a portrait of God that seems different from the portrait of God offered in Deuteronomy; therefore, these things are in contradiction. Therefore, if you believe that Jesus’s portrait of God is correct, then the Deuteronomic portrait of God must be false; therefore, the God of the Old Testament must be a wicked demiurge, etc., etc. And the next thing you know, you’re ascribing to, again, a kind of . . . What is the Aryan Christianity of the Nazis, if not the Marcionite heresy given form in the 1930s and 1940s?

And so the orthodox Christian says, “No, any seeming tension between the Old Testament and the New, any seeming contradiction, is actually suggesting that we need to look for a kind of synthesis between them, and for a sense in which there is not contradiction, but fulfillment in some way, which —

COWEN: Bringing us back to Hegelian Douthat.

DOUTHAT: Yes, yes.

And:

I think it’s probably fair to say that Chesterton’s Father Brown stories had as much influence on my worldview as his more sort of polemical and argumentative writings. And, again, I think therein lies some important insight that I haven’t thought through, but I think you’re correctly gesturing at, about a particular way of thinking about God and theology that isn’t unique to Christianity, but that is strongly suggested by just the structure of the revelation that we have. Marilynne Robinson has a line, I think in Gilead, about — one of the characters is imagining that this life is like the epic of heaven. That we’re living in the Iliad or the Odyssey of heaven. This is the story that will be told in the streets.

And:

COWEN: When you see how much behavior Islam or some forms of Islam motivate, do you envy it? Do you think, “Well, gee, what is it that they have that we don’t? What do we need to learn from them?” What’s your gut emotional reaction?

On another topic:

I’ve been always disappointed that there hasn’t been a kind of sustained Watership Down revival because it’s such a great book and it’s a book about — essentially, it’s about a founding.

It’s connected, in a sense, to the kind of things that the Straussians are always arguing about and so on. What does the founding mean, and so on? But you have a group of rabbits who go forth and encounter different models of political order, different ways of relating to humankind, that shadow over rabbit-kind at any point.

You have a warren that has essentially surrendered itself to humanity and exists as a kind of breeding farm, and you have a warren that’s run as a fascist dictatorship essentially. And then you have this attempt to form a political community that is somewhere in between the two, getting back to the Hegelian synthesis and so on. And you have sort of this primal narrative where the problem is of course that they don’t have any females, and so there’s this competition, this competition for reproductive power that’s carried out between these different warrens where the rabbits from the good warren have to literally — not kidnap, because the does come willingly — but steal women from the fascist dictatorship, which maintains a ruthless control over reproduction.

So there’s just a lot of fascinating stuff there, and then it’s all interspersed with storytelling. There’s the sort of rabbit folktales that Richard —

COWEN: So, narrative again.

DOUTHAT: Narrative again.

Strongly recommended, and I do thank Ross for putting up with me.  Do read or listen to the whole thing.

And I very much enjoyed reading Ross’s forthcoming book To Change the Church: Pope Francis and the Future of Catholicism, which I found totally engrossing.

Modern Principles, 4th ed!

Tyler and I are thrilled to announce the release of the 4th edition of our principles of economics textbook, Modern Principles. In the new edition we have fully integrated the microeconomics and macroeconomics videos that we have been producing for MRUniversity. No other textbook has anything like this wealth of supplementary material–putting it all together makes Modern Principles a new kind of textbook. We have also added a lot of new questions, Ask FRED questions, that use data from the FRED database, more material on health and economic welfare, more material on financial crises and fires sales and much more.

No other textbook has our super simple Solow model which for the first time makes the Solow model accessible to principles students. Modern Principles also has a balanced treatment of Keynesian and Real Business Cycle models, lots of material on modern topics like price discrimination including bundling and tying, a chapter on managing incentives (piece rates, salaries, tournaments) that’s great for MBA students and of course the best guide to understanding the marvels of the price system.

Check out the video!

Naomi Schaefer Riley reviews Bryan Caplan’s *The Case Against Education*

From the WSJ, here is one excerpt:

“Put yourself in the shoes of a Martian sociologist,” Mr. Caplan writes in “The Case Against Education.” “Your mission: given our curriculum, make an educated guess about what our economy looks like.” You might well “leap from one erroneous inference to another.” Given the amount of time teachers spend on novels and poetry, for instance, there must be a “thriving market in literary criticism,” he writes, adding that most of the subjects that students try to master in school—from history and algebra to foreign languages—will be of little use in their salary-earning lives.

After surveying the research on the “transfer of learning,” Mr. Caplan concludes: “Students learn only the material you specifically teach them . . . if you’re lucky.” Generally, they don’t know how to transfer their reasoning from one topic to a related one. As to informal reasoning—the ability to come up with arguments for or against a particular proposition—education’s effect, he says, has been “tiny.” He similarly dispenses with the claim that schools teach common values or civic education. As college attendance has skyrocketed, he notes, voter turnout has declined.

Here is the full review, which also covers Susan Wise Bauer’s Rethinking School.  You can buy Bryan’s book here.

Why it is fun to travel around China

I submit that really every part of China is worth seeing, not just Shenzhen, Shanghai, and Beijing. Sichuan, Guizhou, and Yunnan are very different from Guangdong and Fujian, which are not at all the same as Heilongjiang, Jilin, and Liaoning, which are so distinct from the Jiangnan, and on and on, to say nothing of the far west. Each Chinese province has roughly the population of an EU country; there may not be as many differences between each province as there are between European countries, but they’re still huge.

One can’t so easily find accounts of how much fun it is to travel around China. Those who haven’t ventured far beyond Shenzhen, Shanghai, and Beijing underestimate the sheer number of totally random stuff that happens to you. In stores, traffic, restaurants, and on the streets, I regularly come across behaviors and fixtures that I had no idea were a thing. You might be driving along miles of farmland, when suddenly a massive high-tech factory with the logo of a well-known foreign company looms up on the horizon; in a restaurant, I was asked one time to help with the cooking because chefs had to go out to buy more ingredients; you never know who might come up to you and tell you an interesting story. The lack of professionalism in nearly all things is sometimes frustrating but mostly hilarious.

That is from Dan Wang’s “What I learned in 2017,” many more topics at the link, including learning and books.

That was then, this is now — Henry George edition

It took Dr. Edward Taylor’s inside perceptions to say, on publication: “It is not merely an American book, but a California book.  We do not mean merely that it is a book written in California by a Californian, but that it is distinctively and peculiarly Californian, for not only are its illustrations drawn from this coast, but the freshness of its views bespeak the novel and suggestive circumstances that have been presented in California.”

That is from Charles Albro Barker’s Henry George, still a useful biography.  Barker points out, by the way, that the notion of a “single tax” on land barely appears in Progress and Poverty, as at that time George was more focused on land nationalization.  The single tax idea became more prominent a bit later in the 1880s.

*Elephant in the Brain* — what is really going on in this book?

Not long ago, over lunch, I asked Robin who he wanted to see rise and fall in status, as a result of his book with Kevin Simler.  As for who should rise, he cited the book’s epigram to me:

To the little guys, often grumbling in a corner, who’ve said this sort of thing for ages: you were right more than you knew. —Robin

So yes the little guys, but I also stress the cynics as well, or maybe it is the gentle cynics who go through life with a smile.

And who should decline in status?  Robin’s lunch answer was again to the point: policy analysts.  Policy analysis, while it often incorporates behavioral considerations, when studying say health care, education, and political economy, very much neglects the fact that often both the producers and consumers in these areas have hypocritical motives.  For that reason, what appears to be a social benefit is often merely a private benefit in disguise, and sometimes it is not even a private benefit.  Things that feel good aren’t always good for you, or for the broader world.  Here is Robin’s take on that:

Our new book, The Elephant in the Brain, can be seen as taking one side in a disagreement between disciplines. On one side are psychologists (among others) who say of course people try to spin their motives as being higher than they are, especially in public forums. People on this side find our basic book thesis, and our many specific examples, so plausible that they fear our book may be too derivative and unoriginal.

On the other side, however, are most experts in concrete policy analysis. They spend their time studying ways that schools could help people to learn more material, hospitals could help people get healthier, charities could better assist people in need, and so on. They thus implicitly accept the usual claims people make about what they are trying to achieve via schools, hospitals, charities, etc. And so the practice of policy experts disagrees a lot with our claims that people actually care more about other ends, and that this is why most people show so little interest in reforms proposed by policy experts. (The world shows great interest in new kinds of physical devices and software, but far less interest in most proposed social reforms.)

In ignoring hypocrisy, policy analysts are themselves hypocritical, and thus Robin wishes to downgrade their status, perhaps doubly so.  Sorry people!

I find these status questions to be a useful means of thinking about many non-fiction books, sometimes fiction too.  I would note it is sometimes hard to market books with the “group X ignores well-known truth from field Y” spin, but perhaps that also means there are intellectual arbitrage gains to be had from studying such works.

What is the best book about each country?

I believe it was Dan Wang who loved the Robert Tombs book The English and Their History and asked for more books of that nature.  Another reader wrote in and wanted to know what was the best book about each country.

To count, the book must have some aspirations to be a general survey of what the country is or to cover much of the history of the country.   So your favorite book on the French Revolution is not eligible, for instance, nor is Allan Janik’s and Stephen Toulmin’s splendid Wittgenstein’s Vienna.  I thought I would start with a list of some nominees, solicit your suggestions in the comments, and later produce a longer post with all the correct answers.

1. England/Britain: Robert Tombs, The English and Their History.  Here is MR coverage.

2. Germany: Peter Watson, The German Genius: Europe’s Third Renaissance, the Second Scientific Revolution, and the Twentieth Century.

3. Italy: Luigi Barzini, The Italians.  Or David Gilmour, The Pursuit of Italy: A History of a Land, its Peoples, and their Regions.

4. Spain: John Hooper, The Spaniards.

5. France: Graham Robb: The Discovery of France: A Historical Geography.

6. Portugal: Barry Hatton, The Portuguese: A Modern History.

7. Ireland: Thomas Bartlett, Ireland: A History.

8. Russia: Geoffrey Hosking, Russia and the Russians.  One of the very best books on this list.

9. Ukraine: Serhii Plokhy, The Gates of Europe: A History of Ukraine.

10. The United States: Louis Hartz, The Liberal Tradition in America.  Or de Tocqueville?  John Gunther’s Inside U.S.A.?

11. Canada: ????.  Alex?

12. Mexico; Alan Riding, Distant Neighbors: A Portrait of the Mexicans.  Even though it, like the Barzini book, is out of date.

13. Caribbean: Joshua Jelly-Schapiro, Island People: The Caribbean and the World.

I’ll give South America further thought, Africa and the Middle East too.

14. Cambodia: Sebastian Strangio, Hun Sen’s Cambodia.

15. India: Edward Luce, In Spite of the Gods: The Rise of Modern India.  Or India, by Michael Wood.

16. Pakistan: Anatol Lieven, Pakistan: A Hard Country.

17. China: ????  I find this to be a tough call.

18. Singapore and Malaysia: Jim Baker, Crossroads: A Popular History of Malaysia and Singapore.

19. Japan: In the old days I might have suggested Karel von Wolferen, but now it is badly out of date.  What else?

Joe Studwell, How Asia Works: Success and Failure in the World’s Most Dynamic Region gets tossed in somewhere too.

All of those are subject to revision.

Do leave your suggestions in the comments, and at some point I’ll publish an expanded and updated version of this post, with additional countries too, or perhaps split into multiple posts by region.

Here 22 ambassadors recommend one book to read before visiting their country, mostly mediocre selections.   Here is a suggested list of the most iconic book from each country.  Don’t take me as endorsing those.