Also, I finally had a chance to meet Tyler Cowen and tell him that his blog played a bit part in how I ended up dating my now-wife. Back when we were messaging on OKCupid (to clarify: my wife and I were messaging; I have not contacted Tyler Cowen on OKC), I wanted to establish my Internet-nerd bona fides, so I mentioned that I’d been linked by a prominent economics blog. She mentioned that she had been linked by a very prominent economics blog. It was Marginal Revolution, both times. (Her post: on taking oneself seriously. My post is lost to history, but I believe it was about the causes and consequences of onion futures being illegal.)
Since Cowen is an expert on many topics, it should come as no surprise that he’s an export on MR lore, so he informed me that at least one couple has gotten married on the site. One economic story you can tell about the last hundred or so years is that, as economies globalize, we compete head-to-head with more people, and need to define our domains ever more narrowly if we hope to be #1. Apparently “used Marginal Revolution to get married” was, in fact, far too broad a domain for me to have any hope of excelling.
That is from Byrne Hobart, with the essay mostly on his recent visit to Bloomberg and the Bloomberg AI panel.
I am just arriving, and for the first time Here are my favorites:
1. Pianist: Emil Gilels, most of all for Beethoven and Chopin. Vladimir Horowitz was born in Kiev, he was often best in unusual pieces, such as Scriabin, Prokofiev, and John Philip Sousa. But there is also Cherkassy, Pachmann, Moiseiwitsch, Lhevinne, and others. Simon Barere was one of the greatest Liszt pianists. So we are into A++ territory here. But wait…Richter was born in Ukraine! My head is exploding now.
1b. Violinists: You’ve got Nathan Milstein, Mischa Elman, Isaac Stern, Leonid Kogan, the Oistrakhs, among others, with Milstein’s Bach recordings as my favorite.
2. Composer: Prokofiev was born in eastern Ukraine (or is it now Russia again?), but somehow I don’t feel he counts. Valentin Sylvestrov would be an alternative.
3. Novelist: One choice would be Nikolai Gogol, then Mikhail Bulgakov, born in Kiev but ethnically Russian. But I can’t say I love Master and Margarita; it is probably much better and funnier in the original Russian. His The White Guard is a more directly Ukrainian novel, and it should be better known. A Country Doctor’s Notebook is perhaps my favorite by him. For short stories there is Isaac Babel. Joseph Conrad was born in modern-day Ukraine, though I don’t feel he counts as Ukrainian, same with Stanislaw Lem. Vassily Grossman is a toss-up in terms of origin. The Brazilian author Clarice Lispector, now very much in fashion, was born in Ukraine.
4. Movie: Alexander Dovzhenko’s Earth, a 1930 take on agricultural collectivization. With Dovshenko as my favorite director.
5. Movie, set in: Man With a Movie Camera. It is remarkable how fresh and innovative this 1929 silent film still is.
6. Painter: David Burliuk, leader of the Ukrainian avant-garde and later member of the Blue Rider group. Ilya Repin was born in modern-day Ukraine, though he feels “Russian” to me in the historical sense.
7. Sculptor: Alexander Archipenko was born in Ukraine, though he ended up in America.
8. Economist: Ludwig von Mises. He was born on territory near current-day Lviv, part of Ukraine.
9. Actress: Milla Jovovich is pretty good in The Fifth Element and Resident Evil.
10. Tech entrepreneur: Max Levchin.
11. Israeli: There is Golda Meir, Natan Sharansky, and Simon Wiesenthal, among others.
Other: Wilhelm Reich deserves mention, though I’m not really a fan. The region produced a few good chess players too.
Overall, this is a stunningly impressive list, though there are legitimate questions as to who and what exactly counts as Ukrainian. They’re still trying to sort that one out, which is part of the problem.
Yes, comments will be reactivated, and some already are on the newly written posts. All will be back on once we work through the backlog of posts written during the “comments off” period. There is no conspiratorial explanation for the change and return, nor was anything measured either before or after. I simply got sick of reading your comments and wanted a week or so off. I had that break, plus I was traveling a good deal during that period and needed the extra time. Welcome back, oh wise ones!
For the time being, we have turned off comments on MR posts. Is not a higher gdp a good thing?
A committee of MEPs has voted to accept major changes to European copyright law, which experts say could change the nature of the internet.
They voted to approve the controversial Article 13, which critics warn could put an end to memes, remixes and other user-generated content.
Article 11, requiring online platforms to pay publishers a fee if they link to their news content, was also approved.
One organisation opposed to the changes called it a “dark day”.
The European Parliament’s Committee on Legal Affairs voted by 15 votes to 10 to adopt Article 13 and by 13 votes to 12 to adopt Article 11.
It will now go to the wider European Parliament to vote on in July.
…Article 11 has been called the “link tax” by opponents.
Here is further information. If ever there was a case for Brexit…
For the pointer I thank Saku.
Here is another question I didn’t get to answer from last night:
Your blog talks about making small marginal improvements, but if you could redesign one system entirely from scratch, which one would it be, and how would it look compared to what is currently in place?
One answer would be “blogging, I would have much more of it.” But my main answer would be higher education, especially those tiers below the top elite universities. Completion rates are astonishingly low, and also not very transparent (maybe about 40 percent?). I would ensure that every single student receives a reasonable amount of one-on-one tutoring and/or mentoring in his or her first two years. In return, along budgetary lines, I would sacrifice whatever else needs to go, in order to assure that end. If we’re all standing around in robes, arguing philosophy under the proverbial painted porch, so be it. At the same time, I would boost science funding at the top end.
I also would experiment with abolishing the idea of degree “completion” altogether. Maybe you simply finish with an “assessment,” or rather you never quite finish at all, since you might return to take a class when you are 43. Why cannot this space be more finely grained, especially in an age of information technology?
At lower ages, I would do everything possible to move away from having all of the children belong to the exact same age group. The Boy Scouts are a better model here than “the 7th grade.”
The NBA is one institution that I feel is working really well at the moment. and I don’t just say that because I root for Golden State. Though that doesn’t hurt any, either.
Repressive regimes across the world have found inventive ways to stifle internet freedom, from deleting posts to blocking service. But Tanzania’s government has come up with a scheme that could prove even more draconian: it plans to charge hundreds of dollars a year for the privilege of blogging.
As part of new online regulations, bloggers will be required to pay hefty registration and annual licence fees that add up to roughly $920 — prohibitive for most in a country with a nominal per capita income of under $900.
In proportion to GDP, the Tanzanian registration and licence fee would be the equivalent of asking Americans to pay nearly $60,000 to start a blog.
But it will take a bit of time. We thank you for your patience and also for your counsel.
We thank Ben Brophy and also the Mercatus Center. We may be doing some ongoing tweaks, so please bear with us. Sometimes things have to change to continue to look the same.
What would you like to hear about these days? I make no promises, but will earnestly consider whatever you ask for.
What would you all like to hear about? I do pay some heed, sometimes.
Patrick is co-founder and CEO of Stripe, based in San Francisco. I recently told a reporter he was one of the five smartest people I have known; he is so smart, in fact, that he asked to interview me rather than vice versa, and so he and I created a new episode of Conversations with Tyler (transcript and podcast at that link, alas no video, and note that was recorded in January so on a few points the timeline may feel off).
We discuss whether macro is underrated, what makes Silicon Valley special, optimal immigration policy, whether Facebook is beneficial for society, whether I might ever vote for Donald Trump, how to start a new religion, Peter Thiel, Brian Eno, where I differ from Thomas Schelling, Michel Houllebecq, how to maintain your composure in an age of Trump, the origins of this blog, how I read so much, why Twitter is underrated, and the benefits of having a diverse monoculture, among many other topics.
Here is one bit:
COLLISON: …You’ve written a lot about how the study of economics has influenced your appreciation for the arts, and for literature, and for food, and all of the rest. You haven’t written as much about the influence in the reverse direction. How has your appreciation for and study of the arts influenced your study of economics? And is this a version of that?
COWEN: This is a version of that. Here would be a simple example: If you think about Renaissance Florence, at its peak, its population, arguably, was between 60,000 and 80,000 people. And there were surrounding areas; you could debate the number. But they had some really quite remarkable achievements that have stood the test of time and lasted, and today have very high market value. Now, in very naive theories of economics, that shouldn’t be possible. People in Renaissance Florence, they didn’t produce a refrigerator that we’re still using or a tech company that we still consult.
But there’s something different about, say, the visual arts, where that was possible, and it was done with small numbers. So there’s something about the inputs to some kinds of production we don’t understand. I would suggest if we’re trying to figure out, like what makes Silicon Valley work, actually, by studying how they did what they did in the Florentine Renaissance is highly important. You learn what are the missing inputs that make for other kinds of miracles.
Ireland and writing would be another example.
…COWEN: And I worry now that people in Ireland hear too much American English, too much English English, and that style of writing, talking, joking, limericks, is becoming somewhat less distinct. Still many wonderful writers from Ireland, but again, it’s like an optimal stock depletion problem, and maybe we’ve pressed on the button a little too hard.
COLLISON: The transaction costs should be higher?
And here is another:
COLLISON: Do we just need a sufficiently obfuscated version of the UBI and then we’re fine?
COWEN: We call it “disability insurance.”
COWEN: Well, I voted on each of these hires. I voted for them. For a lot of them, I was on the hiring committee. Robin Hanson’s a good example. When we hired Robin, he was much older than a typical assistant professor would be. And of course, we don’t practice age discrimination, and neither does anyone else, but . . .
COWEN: Robin was going to have a tough time being hired. And I gave Robin some of my papers to read. He came in. He was a little, actually, obnoxious to me. Though he’s one of the nicest people you’d ever want to meet. He sent me back comments on my papers, that they were all wrong.
COWEN: There was no preliminary politeness: ‘I thought this was interesting, but…’ I thought this was great. So I thought, “We need to hire Robin. Robin is different.” And Robin wrote papers I thought were crazy, but he clearly also was a genius. I pushed very hard to hire Robin, and he made a good impression on a lot of other people. He’s been with us ever since.
COLLISON: Were the papers in fact all wrong?
COWEN: Robin’s criticisms were all good points.
COWEN: But they weren’t entirely wrong.
Are there any particular topics or questions you would like me to blog about? I make no promises!
The very beginning is a little slow, but I thought Ezra was one of the very best guests. The topics include the nature and future of media, including virtual reality, the nature of leadership (including Ezra’s own), how running a project shapes your political views, a wee bit on health care, what he thinks are the Obama and Clinton models of the world, Robert Putnam’s research on the costs of diversity, the proper role of shame in society, animal welfare, and of course Ezra’s underrated and overrated, with takes on Bob Dylan, The Matrix, William F. Buckley, Joe Biden, and more. There is no video but here is the podcast and transcript. Here is one excerpt:
COWEN: …Now Putman, let me ask you about Putnam, and how Putnam relates to Donald Trump. As you know, Robert Putnam at Harvard, he has some work showing that when ethnic diversity goes up that there’s less trust, less cooperation, less social capital.
If you think of yourself in the role of an editor, so you have an American society, diversity has gone up, and a lot of people have reacted to this I would say rather badly — and I think you would agree with me they’ve reacted rather badly — but there’s still a way in which the issue could be framed that while diversity is actually a problem, we can’t handle diversity.
Putnam almost says as such, and do you think there’s currently a language in the media where you have readers who are themselves diverse, where it’s possible not to just be blaming the bigots, but to actually present the positive view, “Look, people are imperfect. A society can only handle so much diversity, and we need to learn this.” What’s your take on that?
KLEIN: I strongly agree. We do not have a language for demographic anxiety that is not a language that is about racism. And we need one. I really believe this, and I believe it’s been a problem, particularly this year. It is clear, the evidence is clear. Donald Trump is not about “economic anxiety.”
COWEN: A bit, but not mainly, I agree.
KLEIN: That said, I think that the way it’s presented is a choice between economic anxiety and racism. And one I don’t think that’s quite right, and two I don’t think that’s a productive way of having that conversation.
COWEN: Why don’t we have that language? Where did it go, or did we ever have it?
COWEN: You see this with Medicaid. A lot of people don’t sign up. They don’t have addresses. You can’t even get them, whatever.
KLEIN: They don’t like doctors. They’re afraid of doctors.
COWEN: This is me.
KLEIN: You’re afraid of doctors?
COWEN: “Afraid” isn’t the word.
KLEIN: Averse. [laughs]
COWEN: Maybe dislike. Averse. [laughs] They should be afraid of me, perhaps.
Definitely recommended. The same dialogue, with a different introduction, is included in The Ezra Klein Show podcast.
Haven’t you noticed this?
I have a simple hypothesis. No matter what the media tells you their job is, the feature of media that actually draws viewer interest is how media stories either raise or lower particular individuals in status. (It’s a bit like “politics isn’t about policy.”) That’s even true for this blog, though of course that is never my direct intention.
But now you can see why people get so teed off at the media. The status ranking of individuals implied by a particular media source is never the same as yours, and often not even close. You hold more of a grudge from the status slights than you get a positive and memorable charge from the status agreements.
In essence, (some) media is insulting your own personal status rankings all the time. You might even say the media is insulting you. Indeed that is why other people enjoy those media sources, because they take pleasure in your status, and the status of your allies, being lowered. It’s like they get to throw a media pie in your face.
In return you resent the media.
A good rule of thumb is that if you resent the media “lots,” you are probably making a number of other emotional mistakes in your political thought.