Results for “best book”
2009 found

How I choose fiction

An MR reader emails me:

Reading: what is your decision model for choosing fiction?

Here is a description, these are not necessarily recommendations for you:

1. If a woman as smart (or smarter) as I am tells me to read a particular work of fiction, it is likely I do so.  If a smarter man tells me to read a particular work of fiction, odds are I will ignore it.

2. I am least likely to read American fiction.  The 1850s, Faulkner, and Pynchon aside, American fiction seems more superficial to me than say European or Latin American fiction.  American fiction is also very popular in…America, which leads to an excessively loose selection mechanism for those residing in this country and reading its media.  Whereas if a novel from El Salvador (Castellanos Moya) makes its way in front of your eyes, it may be quite good.

3. In genre fiction, I am most likely to read American fiction.  Superficiality is less of a problem, and vitality is more likely to be relevant.

4. I track fiction reviews in the NYT, Times Literary Supplement, London Review of Books, Financial Times, the WSJ and WaPo, BookForum, The New Yorker, New York Review of Books, and on-line, and I buy what seems interesting to me.  I read the blog Literary Saloon which covers fiction in translation.  I will randomly sample other sources as well, sometimes the Guardian too or the London Times.  I will click on “best of” lists relating to fiction.

5. If I am in a German- or Spanish-speaking country, I’ll buy a few titles from the front tables and also ask an intelligent-seeming clerk what I ought to be reading.  I don’t always get around to actually reading those, noting that the final equilibrium has not yet arrived.

6. I used to scan the “New Arrivals” section of the local public libraries for fiction titles, but in recent years I have cut back on my fiction consumption and this practice has fallen by the wayside.  It was not leading to a high hit rate in any case (too many second- or third-tier books by writers I already like but who are past their peak years).

7. I will periodically reread old classics, on a more or less random basis, mostly correlated with how long ago I last read them.

What I’ve been reading

1. Jonathan Paine’s Selling the Story: Transaction and Narrative Value in Balzac, Dostoevsky, and Zola combines several interests of mine in an effective fashion.  This book is most useful for seeing economic themes in some of the classic authors, above and beyond their citations of monetary values and payments.

2. The Bretton Woods Agreements, Together with Scholarly Commentaries and Essential Historical Documents, edited by Naomi Lamoreaux and Ian Shapiro.  Virtually all edited collections are sleep-inducing, but this one is consistently interesting, at least if you are the kind of person who might possibly be drawn in by the title.  Doug Irwin, Barry Eichengreen, Kurt Schuler, and Michael Bordo are among the contributors.

3. Ken Ochieng’ Opalo, Legislative Development in Africa: Politics and Postcolonial Legacies.  The book also is more exciting than the title and subtitle indicate.  It covers the determinants of cross-national African legislative successes, and argues that often the best and strongest legislatures emerge from a context of previously effective autocracy.

4. Roger Faligot, Chinese Spies: From Chairman Mao to Xi JinPing.  A sobering account of how much spying — indeed spying on a mass level — has been central to Chinese history since the advent of communism.  I found some parts of this book too detailed for me to read the entire thing, but arguably that ought to scare you all the more.  Note that the narrative essentially ends around 2008.

5. Mario Bertolotti, The History of the Laser.  Only about half of this book, at most, covers the laser.  Those parts seemed fine enough, but what I really enjoyed was the coverage of the development of electromagnetic theory leading up to the laser.  The book is also good for showing that the “transistor revolution” starting in 1948 was not really so distinct from the earlier industrial and electromagnetic revolution of the late 19th century.

Age-Weighted Voting?

The young will experience the effects of policies passed today for the greatest length of time but this is not reflected in their voting power. Put differently, the time-horizon of (self-interested) older voters is short so perhaps this biases the political system towards short time-horizon policies such as deficit spending or kicking the can down the road on global warming. Philosopher William MacAskill offers an alternative, age-weighted voting.

…one way of extending political time horizons and increasing is to age-weight votes. The idea is that younger people would get more heavily weighted votes than older people, very roughly in proportion with life expectancy. A natural first pass system (though I think it could be improved upon) would be:

  • 18–27yr olds: 6x voting weight
  • 28–37yr olds: 5x voting weight
  • 38–47yr olds: 4x voting weight
  • 48–57yr olds: 3x voting weight
  • 58–67yr olds: 2x voting weight
  • 68+yr olds: 1x voting weight

Note that, even with such heavy weights as these, the (effective) median voter age (in the US) would go from 55 to 40. (H/T Zach Groff for these numbers). Assuming that the median voter theorem approximately captures political dynamics of voting, weighting by (approximate) life-expectancy would therefore lengthen political horizons somewhat, but wouldn’t result in young people having all the power.

… In this scenario, all citizens get equal voting weight, it’s just that this voting power is unequally distributed throughout someone’s life.

MacAskill asks the right questions:

  • Do younger people actually have more future-oriented views?
  • Does extending political horizons by 20 years provide benefits from the perspective of much longer timescales?
  • Are younger people less well-informed, and so apt to make worse decisions?
  • Is this just a way of pushing particular (left-wing) political views?
  • What would actually happen if this were put in place, and how good or bad would those effects be?
  • What’s the best mechanism for implementing age-weighting voting?
  • What would be the best plan for making age-weighting voting happen in the real world?

See the whole thing for some brief suggestions on answers.

I don’t have a major objection to the proposal, I just don’t think it would improve politics very much. Rational ignorance means that voters don’t know much and rational irrationality means that they don’t care to know more. The problem is collective decision making per se rather than the time-horizon of the non-existent median voter. Still the space of possible governance designs is far larger than the space that we have investigated, let alone used, so I applaud exploration in the design space.

*Me the People: How Populism Transforms Democracy*

By Nadia Urbinati, I think of this book as the next step after Martin Gurri.  Here is one bit:

…the massive usage of the internet — which is an affordable and revolutionary means of interaction and information sharing by ordinary citizens — has supercharged the horizontal transformation of the audience and made the public into the only existing political actor outside institutions born from civil society.

But more significantly, populism is so diverse and the word is so often misused, how should we best understand it?  First, by breaking down parties, the new internet populism raises the status of personalized individual leaders, such as Trump and also AOC.  Thus:

…populism in power is actually a new form of mixed government in which one part of the population achieves a preeminent power over the other(s).  As such, populism competes with (and, if possible, modifies) constitutional democracy in putting forth a specific and distinctive representation of the people and the sovereignty of the people.

Populism also has a hard time giving up power, because the rhetoric is purifying, and the pretense is that the current government does in fact represent a more or less unitary “will of the people,” enemies of the people aside of course.  Elections are about revealing a majority opinion that (supposedly) already exists, and thus populism does not fit entirely easy into standard democratic practice.

Here is more:

As such, populism is more than merely a movement of contestation or mobilization, and it should not be confused with social movements in civil society.  Populism is a movement of contestation against the existing political establishment, but one that seeks a majority that would rule with unchecked ambitions and plan to remain power for as long as possible, though without revoking political liberty or eliminating adversaries.  The “benign” aspects of populism in power include its dwarfing of the opposition and minorities by humiliating them and creating an overwhelming propaganda campaign that endlessly reinforces the power of majority opinion.

Populism is not just a style of politics, so you can’t expect a successful and truly left-wing populism, nor will populists end up as a successful vehicle for “right-wing” ideas either.  Beware!

There is too much political science jargon in this book, and many of the paragraphs are too long or too circuitous, and furthermore much of the best content is difficult to summarize.  Nonetheless this book makes more sense to me than the treatments of populism I read in the mainstream press or in “intelligent” magazines, and I found it genuinely insightful throughout.  Recommended, at least if you are up for a particular kind of read.  You can pre-order the book here.

My Conversation with Neal Stephenson

Here is the transcript and audio, and here is the CWT summary:

If you want to speculate on the development of tech, no one has a better brain to pick than Neal Stephenson. Across more than a dozen books, he’s created vast story worlds driven by futuristic technologies that have both prophesied and even provoked real-world progress in crypto, social networks, and the creation of the web itself. Though Stephenson insists he’s more often wrong than right, his technical sharpness has even led to a half-joking suggestion that he might be Satoshi Nakamoto, the shadowy creator of bitcoin. His latest novel, Fall; or, Dodge in Hell, involves a more literal sort of brain-picking, exploring what might happen when digitized brains can find a second existence in a virtual afterlife.

So what’s the implicit theology of a simulated world? Might we be living in one, and does it even matter? Stephenson joins Tyler to discuss the book and more, including the future of physical surveillance, how clothing will evolve, the kind of freedom you could expect on a Mars colony, whether today’s media fragmentation is trending us towards dystopia, why the Apollo moon landings were communism’s greatest triumph, whether we’re in a permanent secular innovation starvation, Leibniz as a philosopher, Dickens and Heinlein as writers, and what storytelling has to do with giving good driving directions.

Here is one excerpt:

COWEN: If we had a Mars colony, how politically free do you think it would be? Or would it just be like perpetual martial law? Like living on a nuclear submarine?

STEPHENSON: I think it would be a lot like living on a nuclear submarine because you can’t — being in space is almost like being in an intensive care unit in a hospital, in the sense that you’re completely dependent on a whole bunch of machines working in order to keep you alive. A lot of what we associate with freedom, with personal freedom, becomes too dangerous to contemplate in that kind of environment.

COWEN: Is there any Heinlein-esque-like scenario — Moon is a Harsh Mistress, where there’s a rebellion? People break free from the constraints of planet Earth. They chart their own institutions. It becomes like the settlements in the New World were.

STEPHENSON: Well, the settlements in the New World, I don’t think are a very good analogy because there it was possible — if you’re a white person in the New World and you have some basic skills, you can go anywhere you want.

An unheralded part of what happened there is that, when those people got into trouble, a lot of times, they were helped out by the indigenous peoples who were already there and who knew how to do stuff. None of those things are true in a space colony kind of environment. You don’t have indigenous people who know how to get food and how to get shelter. You don’t have that ability to just freely pick up stakes and move about.

And:

COWEN: What will people wear in the future? Say a hundred years from now, will clothing evolve at all?

STEPHENSON: I think clothing is pretty highly evolved, right? If you look at, yeah, at any garment, say, a shirt — I was ironing a shirt today in my hotel room, and it is a frickin’ complicated object. We take it for granted, but you think about the fabric, the way the seams are laid out.

That’s just one example, of course, but you take any — shirts, shoes, any kind of specific item of clothing you want to talk about — once you take it apart and look at all the little decisions and innovations that have gone into it, it’s obvious that people have been optimizing this thing for hundreds or thousands of years.

New materials come along that enable people to do new kinds of things with clothing, but overall, I don’t think that a lot is going to change.

COWEN: Is there anything you would want smart clothing to do for you that, say, a better iPad could not?

STEPHENSON: The thing about clothing is that you change your clothes all the time. So if you become dependent on a particular technology that’s built into your shirt, that’s great as long as you’re wearing that shirt, but then as soon as you change to a different shirt, you don’t have it.

So what are you going to do? Are you going to make sure that every single one of your shirts has that same technology built into it? It seems easier to have it separate from the clothing that you wear, so that you don’t have to think about all those complications.

There is much more at the link, including discussions of some of his best-known novels…

Phonics Based Direct Instruction

Linguist John McWhorter strongly supports phonics and direct instruction:

Now that it’s summer, I have a suggestion for how parents can grant their wee kiddies the magic of reading by Labor Day: Pick up Siegfried Engelmann’s Teach Your Child to Read in 100 Easy Lessons. My wife and I used it a while ago with our then-4-year-old daughter, and after a mere 20 cozy minutes a night, a little girl who on Memorial Day could recognize on paper only the words no and stop and the names of herself and her family members could, by the time the leaves turned, read simple books.

…Engelmann’s book, which he co-wrote with Phyllis Haddox and Elaine Bruner, was first published in the early 1980s, but it was based on work from the late 1960s. That’s when Engelmann was involved in the government-sponsored Project Follow Through, whose summary report compared nine methods for how to teach reading and tracked results on 75,000 children from kindergarten through third grade. The results, though some critics over the years have rejected them on methodological grounds, were clear: The approach that proved most effective was based on phonics—teaching children how to sound words out, letter by letter, rather than encouraging students to recognize words as single chunks, also called the whole-word system. Specifically, the most successful approach supplemented basic phonics with a tightly scripted format emphasizing repetition and student participation, often dubbed “direct instruction.” As I have previously explained for NPR, the results were especially impressive among poor children, including black ones.

…And yet in the education world, Engelmann’s technique is considered controversial.

Here are previous MR posts on Direct Instruction, the teaching method that works even though many teachers don’t like it.

Why is the United States behind on 5G?

No American company makes the devices that transmit high-speed wireless signals. Huawei is the clear leader in the field; the Swedish company Ericsson is a distant second; and the Finnish company Nokia is third.

It is almost surprising that the Defense Department allowed the report to be published at all, given the board’s remarkably blunt assessment of the nation’s lack of innovation and what it said was one of the biggest impediments to rolling out 5G in the United States: the Pentagon itself.

The board said the broadband spectrum needed to create a successful network was reserved not for commercial purposes but for the military.

To work best, 5G needs what’s called low-band spectrum, because it allows signals to travel farther than high-band spectrum. The farther the signal can travel, the less infrastructure has to be deployed.

In China and even in Europe, governments have reserved low-band spectrum for 5G, making it efficient and less costly to blanket their countries with high-speed wireless connectivity. In the United States, the low-band spectrum is reserved for the military.

The difference this makes is stark. Google conducted an experiment for the board, placing 5G transmitters on 72,735 towers and rooftops. Using high-band spectrum, the transmitters covered only 11.6 percent of the United States population at a speed of 100 megabits per second and only 3.9 percent at 1 gigabit per second. If the same transmitters could use low-band spectrum, 57.4 percent of the population would be covered at 100 megabits per second and 21.2 percent at 1 gigabit per second.

In other words, the spectrum that has been allotted in the United States for commercial 5G communications makes 5G significantly slower and more expensive to roll out than just about anywhere else.

That is a commercial disincentive and puts the United States at a distinct disadvantage.

Here is more from Andrew Ross Sorkin (NYT).

*Fentanyl, Inc.*, by Ben Westhoff

The slightly misleading subtitle is How Rogue Chemists are Creating the Deadliest Wave of the Opioid Epidemic.  Why misleading?  So many substance abuse books are a mix of hysterical in tone and a disappointing “paint by numbers” in their execution, but this one really stands out for its research, journalism, and overall analysis.  To give just one example, it is also a great book on China, and how China and the Chinese chemicals industry works, backed up by extensive original investigation.

Start with this:

Americans take more opioids per capita — legitimate and illegitimate uses combined — than any other country in the world.  Canada is second, and both far outstrip Europe.  Americans take four times as many opioids as people do in the United Kingdom.

And this:

For many years, Chinese organized-crime groups known as triads have been involved in the international meth trade.  But experts familiar with triads say their influence appears to be waning in the fentanyl era.  “They’re a shadow of their former selves,” said Justin Hastings, an associate professor in international relations and comparative politics at the University of Sydney…Though ad hoc criminal organizations continue to move drugs in China, major trafficking organizations are rare there, and cartels basically nonexistent.  This leaves the market wide open for Chinese chemical companies, who benefit from an air of legitimacy.

As for marijuana and cocaine, they are used by only about one in every forty thousand individuals in China.  But the book covers the entire U.S. history as well.

Definitely recommended, this will be making my year-end “best of” list for non-fiction.  And yes I did go and buy his earlier book on West Coast rap music.

What I’ve been reading

Vaclav Smil, Growth: From Microorganisms to Megacities.  This book was too much a pile of facts for my taste — and facts I already know — but it is about the most important topic, namely growth and economic growth, so some of you should read it.  When you get right down to it, there are worse things than a pile of facts!

Swapan Dasgupta, Awakening Bharat Mata: The Political Beliefs of the Indian Right.  What do those people actually believe and why?  A summary and also a collection of original texts, strongly recommended for insight into one of the world’s most important nations and thus one of the world’s most important intellectual movements.

Gabriel García Marquez, The Scandal of the Century, and Other Writings.  His early journalistic pieces are a revelation, both for their connections to a Borges-Cortázar style, and for how they show the roots of his later more literary productions.  His best-known work is perhaps overrated, but his body of work as a whole is still considerably underrated, and this volume will add to your appreciation of him.

I’ve only browsed Owen Matthews, An Impeccable Spy: Richard Sorge, Stalin’s Master Agent, but it seems to be based on a remarkable amount of original research.  I do not care so much about the history of spying, but for some of you this should be a very good book.

Sarah L. Quinn, American Bonds: How Credit Markets Shaped a Nation.  Less broad than the title suggests, this is still a clear and useful history of some parts of American securitization, starting with such (important) oddities as the Federal Farm Loan Act of 1916.

Adam Minter, Secondhand: Travels in the New Global Garage Sale delivers exactly what readers of Adam’s previous work would and should expect.  I am a big Adam Minter fan.

Here is what Ben Casnocha has been reading.

Eric Nelson, The Theology of Liberalism: Political Philosophy and the Justice of God is an interesting look at Pelagianism and related free will ideas as the possible origin for classical liberal ideas.  But is free will so important?  Isn’t there a Hayekian/Calvinist/Straussian case for the limits of political power?  Do the Pelagian roots of liberalism collapse more into current progressivism?  In any case I found this book both readable and stimulating, the discussion of the early theology of Rawls was interesting too.

Flying and academic quality

Using the University of British Columbia as a case study, we investigated whether the faculty at our institution who flew the most were also the most successful. We found that beyond a small threshold there was no relationship between scholarly output and how much an individual academic flies…

We certainly did find evidence that researchers fly more than is likely necessary. In the portion of our sample composed of only fulltime faculty, we categorized 10% of trips as “easily avoidable”. These were trips like going to your destination and flying back in the same day or flying a short distance trip that could have been replaced by ground travel. Interestingly, green academics (those studying subjects like climate change or sustainability) not only had the same level of emissions from air travel as their peers, but they were indistinguishable in the category of “easily avoidable” trips as well.

But success isn’t just measured by scholarly output, and so we also checked for relationships between how much academics flew and their annual salaries (which are publicly available). We did find a significant relationship: people who fly more, get paid more. Causation though, could lie in the other direction. Prestigious scholars with more grant money may have extra funds with which to book air travel, for instance.

Here is the full post by Seth Wynes, via Anecdotal.

Friday assorted links

1. Country Time paying kids’ fines, lobbying for legalizing lemonade stands (link has video chatter on it).

2. 100 best drummers of all time?  Listed at #98 is Karen Carpenter.

3. Let’s ask the astrologers about Libra!

4. David Henderson reviews *Big Business: A Love Letter to an American Anti-Hero*, you need to scroll down a wee bit.

5. The Brown Shoe case ugh, antitrust that makes no sense (NYT).

6. “Local doughnut shops are a quintessential part of life in Southern California, a food culture fostered largely by Cambodian immigrants.

*The Great Cauldron: A History of Southeastern Europe*, by Marie-Janine Calic

This book is perhaps the best general overview of its chosen subject area.  One part I enjoyed were the discussions of how much the Balkans once had numerous transport hubs for Europe, Belgrade being one but not the only example:

Thessaloniki was among the cities that experienced an economic boom.  The city was home to the third most important port in the Ottoman Empire.  Between 1880 and 1912, the volume of goods traded in Thessaloniki doubled from one to two million tons.  There were railway connections to Vienna and Istanbul.  new local factories produced flannel, woolen, and cotton products, as well as cigarettes.  Important exports included leather, silkworms, raw materials for textiles, and especially tobacco, the production of which took off around the turn of the century.  Thirty-eight of fifty large companies in the city were owned by Jewish families…The majority of these families specialized in the import-export business.

And:

Between 1850 and 1913, the value of exports from Serbia increased by a factor of five, and from Romania by a factor of fourteen.

You can order the book here.  I think about the Balkans a great deal (and enjoy visiting there), if only because they are one simple alternate scenario for what the rest of world history will look like.

Neglected Open Questions in the Economics of Artificial Intelligence

That is my essay in the new NBER volume The Economics of Artificial Intelligence: An Agenda, edited by Ajay Agrawal, Joshua Gans, and Avi Goldfarb.  Here is one excerpt from my piece:

These distribution effects [from more powerful AI] may be less egalitarian if hardware rather than software is the constraint for the next generation of AI.  Hardware is more likely to exhibit constant or rising costs, and that makes it more difficult for suppliers to charge lower prices to poorer buyers [price discrimination].  You might think it is obvious that future productivity gains will come in the software area — and maybe so — but the very best smart phones, such as IPhones, also embody significant innovations in the areas of materials.  A truly potent AI device might require portable hardware at significant cost.  At this point we don’t know, but it would be unwise to assume that future innovations will be software-intensive to the same extent that recent innovations have been.

You can buy the book here, it has many notable contributors and other essays of interest.