Category: Political Science
Jane Galt as dictator
If I were in charge of the budget, we would massively reform entitlements, transforming Social Security into a system of forced savings combined with a means-tested fallback for those too poor to save, or whose investments tanked at the wrong time. We would kill the whole Medicare/Medicaid debacle, along with the tax deduction for corporate-provided health care benefits, replacing it all with catastrophic federal insurance for those whose medical bills exceed 15-20% of gross income (phasing out for those whose incomes put them in, say, the top .1% of earners) and another means-tested benefit for those who genuinely cannot afford to spend 15% of gross income on health care benefits. I would combine this with the Jane Galt Tax Plan to save the government a whole mess o’ money, while making the economy more efficient, and increasing the incentives for everyone, rich and poor alike, to create value for society. Forget Win-Win . . . that’s like Winwin!
Here is the link; there is much more. Elsewhere in the blogosphere, it is also worth reading Dan Drezner on Asian exports.
Iranian nukes
If you want to argue for optimism, try the following:
Iranian nukes will create an Israeli-Iranian alignment of political interests. Iran is more hated by the Arab states than is often let on. Iranian nukes increase the chance that Arab terrorism will be directed against Teheran rather than Tel Aviv or Manhattan.
Iran with nukes will carve out a greater sphere of influence, in part at the expense of Israel and America. But it will seek to stabilize that sphere, and "Israel" and "stability" likely will be seen as complements. Iran won’t want Iraq under the control of al Qaeda. Israel and Iran would work together, albeit covertly, to limit further proliferation in the region.
Some of the Arab nations would find themselves forced into a de facto alliance with israel, if only to resist Iranian power. This is not obviously a bad outcome.
Most politicians — whether religious fanatics or not — are pragmatic. The status of a nuke could be a substitute for the status earned by Iran from supporting terrorism and bashing Israel. More importantly, nuclear powers do not generally want to transfer much power to decentralized, hard-to-deter terrorists.
Iran tends to be ruled by councils rather than lone maniacs, a’la North Korea, a far more worrying example. Groups are conservative by their nature. I am aware that the Iranian president sometimes sounds like Hitler, but the talk could be geared to appeal to the Iranian public.
Yes I do fear nuclear proliferation — greatly in fact — but Iran getting nukes is neither a) a fact which causes me to up my priors on how bad proliferation will be (which is very bad), nor b) an undeterrable nukeholder. They are a big fat sitting duck, and their history is to seek regional power against Arabs and into central Asia.
Let me sum up the underlying theoretical reasons for relative optimism: 1) the quest for status is often quite local in nature, 2) Arabs and Iranians often distrust each other, 3) it is not all about us; often the U.S., or Israel for that matter, is a symbolic token in local struggles rather than the real target, 4) politicians tend to be pragmatic, and 5) international political coalitions are often more fluid than the rhetoric of politicians would suggest.
Here is Thomas Schelling on Iranian nukes.
But if you wanted to argue it the other way, I would suggest the following:
1. Iran will face another civil war and the losers might lob a nuke at Israel as a kind of going-away present.
2. Israel feels secure with its current nuclear deterrent only because it knows that no hostile country has a counter deterrent against Tel Aviv. If Israel felt less free to use its nuclear weapons, it would feel less secure. It would be subject to repeated regional military taunts, which would eventually lead to war, nuclear or otherwise. The new book The Bomb in the Basement: How Israel Went Nuclear and What It Means for the World — highly recommended by the way — is excellent on this issue.
3. Western crazies will someday sneak a small nuke into Teheran, leading to Iranian retaliation.
4. Iranian early warning systems may be unreliable, or subject to manipulation, and erroneously report an Israeli first strike.
Does the death penalty deter murders?
Here is a new and noteworthy NBER abstract:
Does the death penalty save lives? A surge of recent interest in this question has yielded a series of papers purporting to show robust and precise estimates of a substantial deterrent effect of capital punishment. We assess the various approaches that have been used in this literature, testing the robustness of these inferences. Specifically, we start by assessing the time series evidence, comparing the history of executions and homicides in the United States and Canada, and within the United States, between executing and non-executing states. We analyze the effects of the judicial experiments provided by the Furman and Gregg decisions and assess the relationship between execution and homicide rates in state panel data since 1934. We then revisit the existing instrumental variables approaches and assess two recent state-specific execution morartoria. In each case we find that previous inferences of large deterrent effects based upon specific examples, functional forms, control variables, comparison groups, or IV strategies are extremely fragile and even small changes in the specifications yield dramatically different results. The fundamental difficulty is that the death penalty — at least as it has been implemented in the United States — is applied so rarely that the number of homicides that it can plausibly have caused or deterred cannot be reliably disentangled from the large year-to-year changes in the homicide rate caused by other factors. As such, short samples and particular specifications may yield large but spurious correlations. We conclude that existing estimates appear to reflect a small and unrepresentative sample of the estimates that arise from alternative approaches. Sampling from the broader universe of plausible approaches suggests not just "reasonable doubt" about whether there is any deterrent effect of the death penalty, but profound uncertainty — even about its sign.
Here is the paper. I have never been a big believer in retribution per se, as opposed to restraint or deterrence motivations for punishment.
Garrison Keillor reviews Bernard Henri-Levy
Here is a send-up of the latest French attempt to play Tocqueville and dissect the United States.
Private vs. government funding of science
Arthur Diamond offers this abstract:
Regression analysis is used to test the effects of funding source (and of various control variables) on the importance of the article, as measured by the number of citations that the article receives. Funding source is measured by the number of prizes and the number of government grants mentioned in the acknowledgements section. The importance of an article is measured by an "early" count of citations…and a "late" count. Using either measure of article importance, the evidence suggests that private funders are more successful than the government at identifying important research.
This paper is worth a look, but I have some worries. First, private funding may have a better chance of picking the "cream" of private researchers, but without helping them much. Second, if you are famous it is easier to run up your number of private funders than to run up your number of government funders. Third, even most cited research has no real impact. We should be concerned with the extremes of the distribution, not mean citations. Fourth, private foundations may take greater care to seek out measurable outputs. Whether this helps or harms the quest for the extreme successes is hard to say.
A separate question is not which form of science funding is better, but rather how the two can best fit together. I put this and related questions into the "grossly underexplored but extremely important" category.
Here is the paper, and thanks to Daniel Klein for the pointer. Here is Art Diamond’s blog.
Addendum: Jonathan van Parys recommends this paper on the topic; the abstract is right on the mark and the authors are excellent.
Self-deception in politics
Here is more MRI evidence. Apparently we get little squibs of pleasure from rejecting evidence contradictory to our views. Here is my earlier paper on political self-deception.
Would I be a Good Dictator?
The train from Casablanca to Marrakech is packed, I stand at the window and look out at the land; the land is rich but the people are mostly poor (GNI per capita of around $4200 in PPP adjusted terms). If I were in charge would it be different? Would I make a good dictator? My good friend Bryan Caplan says yes! My good friend Tyler Cowen is not so sure. The question is not really about me, of course, the question is about what sorts of constraints are holding back poor countries. Is it constraints about ideas, political/social constraints or even deeper geographic constraints? Could one person at the top make a difference?
The great man theory of history, receives some interesting support in a paper just published in the QJE by Jones and Olken, Do Leaders Matter? National Leadership and Growth Since World War II. Jones and Olken look at changes in economic growth around the time of the natural or accidental deaths of leaders and they find that leaders matter, especially, as one might expect, in dictatorships. A one standard deviation increase in leader quality leads to a huge increase in economic growth, an extra 1.5 percentage points a year.
It’s much easier to ruin a nation than build one, however, so the effect of leader quality on growth says less about how good a dictator I would be than about how bad a dictator were say Mao, Mugabe, and Amin, call it the great evil man theory of history.
Still, if you are a poor country eager for a better biography, email me and we can talk terms.
Scary sentence of the day
Until a stable nuclear statelmate with the United States is restored, Moscow and Beijing will surely buy deterrence by decentralizing their command-and-control systems and implementing "launch on warning" policies.
That is Benjamin Schwartz from the January/February 2006 Atlantic Monthly. As for the other interesting article in that issue, I would like to see someone estimate the welfare gains of this "epidemic," not just complain about the costs.
Daniel Klein categorizes classical liberals
Here is the abstract:
To participate in establishment political culture one must win recognition by the establishment. Classical liberals have to choose between forthrightness and establishment respectability. Klein will present a framework for distinguishing three types of classical liberal prophets:
- Challengers focus on fundamentals and point to major policy reforms, notably abolitions. They attack the establishment and its entire culture, and seek to influence the young. Examples: Thomas Paine, Frederic Bastiat, Ludwig von Mises, Thomas Szasz, and Murray Rothbard.
- Bargainers point to incremental liberalization and obscure the deeper principles. They enjoy mainstream position and seek to influence the currently influential. Examples include Friedrich Hayek, Aaron Wildavsky, Richard Epstein, and Tyler Cowen.
- Royalty: Whereas the first two types are critics who feel somewhat alienated from establishment culture, royalty are those who enjoy cultural pre-eminence, particularly high academic prestige. Royalty ride a sense of ascendancy. They downplay radicalism. The leading examples are Adam Smith and Milton Friedman.
Klein will develop two ideas:
1. In the current ideological climate there is little prospect for classical-liberal royalty. In fact, Milton Friedman was something of an aberration.
2. Challengers and bargainers sometimes regard each other with disdain and mistrust. But both are vital to the advancement of their common cause.
Here is the full paper, entitled "Mere Libertarianism: Blending Hayek and Rothbard."
I view my own writings as less strategic and less "negotiating" than Klein’s analysis would indicate. Of course Klein has the right — I would say the duty — to read an author as he pleases and not as that author would self-describe. After all, we all know that Melville’s "Bartleby" is really about the contagious nature of homosexual obsession. It really is.
Addendum: Dan Klein informs me this is an abstract for a related talk, not for the paper itself.
Subsidies for everything
"Elka leans against a wall, wearing only a carpenter’s tool belt. She’s hot. Believe me."
"Katsumi arches unnaturally over a coffee table. You can see the whole thing."
"Anja’s Mediterranean skin is a warm brown, like the craft paper Playboy you’re reading with your finger."
Does having daughters make you more interventionist?
This article is fascinating. Excerpt:
…it was the “switchers” who provided the most compelling evidence. By examining declared voting preferences for the period 1991 to 2004, Professor Oswald and Dr Powdthavee found that 539 people switched from Left to Right, and 802 switched from Right to Left. The most significant difference between these two groups of switchers? The voters who swung from Right to Left had borne, on average, more daughters.
Read about the cross-sectional results as well.
David Friedman’s Blog
David Friedman has started a blog. As you might expect, it’s interesting. Here is an idea from one recent post.
Libertarians still tend to identify with the Republican party. Save for
historical reasons, it is hard to see why. The current administration,
despite its free market rhetoric, has been no better–arguably
worse–than its predecessor on economic issues. Its policy on public
schooling, the largest governent run industry in the U.S., has been a
push towards more central control, not less. Its support for free trade
has been at best intermittant. Reductions in taxes have been matched by
increases in government spending, increasing, not shrinking, the real
size and cost of government. It has been strikingly bad on civil
liberties. Its Supreme Court nominees have not been notably sympathetic
to libertarian views of the law. Libertarians disagree among themselves
on foreign policy, but many support a generally non-interventionist
approach and so find themselves unhappy with the Iraq war.The
Democrats have problems too. While things have been looking up for them
recently, their ideological coalition has been losing strength for
decades, leaving them in danger of long term minority status.The
obvious solution to both sets of problems is for the Democrats to try
to pull the libertarian faction out of the Republican party. How large
that faction is is hard to judge, but it is clearly a lot larger than
the vote of the Libertarian Party would suggest. ….How
can the Democrats appeal to libertarian Republicans without alienating
their own base?…I think I have an answer. In 2004, Montana went for Bush
by a sizable margin. It also voted in medical marijuana, by an even
larger margin. Legalizing medical marijuana is a policy popular with
libertarians, acceptable to Democrats, and opposed by the current
administration.At the very least, prominent Democrats should
come out in favor of the federal government respecting state medical
marijuana laws, as it has so far refused to do. Better yet, let them
propose a federal medical marijuana law. That will send a signal to a
considerable number of voters that, at least on this issue, one of the
parties is finally on their side. It would be a beginning.
Do right-wing or left-wing academics have a “narrower tent”?
This paper provides copious results from a 2003 survey of academics. We analyze the responses of 1208 academics from six scholarly associations (in anthropology, economics, history, legal and political philosophy, political science, and sociology) with regard to their views on 18 policy issues. The issues include economic regulations, personal-choice restrictions, and military action abroad. We find that the academics overwhelmingly vote Democratic and that the Democratic dominance has increased significantly since 1970. A multivariate analysis shows strongly that Republican scholars are more likely to land outside of academia. On the 18 policy questions, the Democratic-voter responses have much less variation than do the Republicans. The left has a narrow tent. The Democratic and Republican policy views of academics are somewhat in line with the ideal types, except that across the board both groups are simply more statist than the ideal types might suggest. Regarding disciplinary consensus, we find that the discipline with least consensus is economics. We do a cluster analysis, and the mathematical technique sorts the respondents into groups that nicely correspond to familiar ideological categories: establishment left, progressive, conservative, and libertarian. The conservative group and the libertarian group are equal in size (35 individuals, each), suggesting that academics who depart from the leftist ranks are as likely to be libertarian as conservative. We also find that conservatives are closer to the establishment left than they are to the libertarians.
That is by Daniel Klein and Charlotta Stern, here is the paper.
Three new constitutional amendments
The Cato blogad at the right, and Jim Buchanan’s new essay, ask what three amendments you would pick for the American Constitution. Will Wilkinson suggests an amendment to ban interference with voluntary exchange.
Sadly, I am unable to come up with good candidates. I have plenty of ideas, such an amendment to forbid tariffs and quotas on foreign goods and services (would it cover health and safety concerns? Would we be assured of non-pasteurized French cheeses?). But I worry the amendments would place too much weight on the Constitution. It is easy to ignore a Constitution or to overturn it altogether.
Libertarians (and contractarians) often treat the Constitution as a kind of free variable to be manipulated. We can write into it what we want, and if we fail we treat this as a kind of lament, or a sign of moral decay, rather than a problem with our basic approach. In my view, if a constitution deviates from popular opinion (or is it the prevailing structure of interest groups?) by any more than "k" percent, that constitution will be chucked. Furthermore changing your constitution too much, or ignoring it too blatantly, is costly in terms of long-run political order. I view this as a constraint to be satisfied by political thinking, even though we can (and should) criticize that constraint at a meta-level.
That is why my three amendments would have to be modest. Free trade might stick as an amendment, especially if we added a national security clause. The Finns didn’t get very far with a supermajority requirement for fiscal policy. I don’t see "procedural" approaches, such as term limits, as yielding much gain. But local municipalities should not be allowed very strict anti-barbecue codes; I don’t care what they do with the smoke. Nor should commuters be forbidden from driving on side roads during rush hour, just because the homeowners don’t like it.
Here is one relevant critique of Buchanan. Surely you all have better ideas for three constitutional amendments; comments are open.
Cato Unbound
Here is Cato Unbound, a cross between a monthly magazine and a blog. Here is how Cato Unbound works. Here is James Buchanan, placing a great deal of weight on constitutional constraints.