theory

I would like to understand the current controversy going on over at many more-read blogs than this one regarding “orthodox” and “heterodox” economics. At least, I’d like to understand it better. I’m sympathetic to a general critique of what we’re apparently obliged to describe as “orthodox” economics – unrealistic standard assumptions, unrealistic views of rationality,…

Read More Heterecon Bleg

This post from PZ Myers raises a very important point about decentralisation and local accountability. What if the quacks get control? Families and schools are always a problem with regard to liberty – no-one has the right to experiment on the public without their consent, but youth is the one experiment that is performed on…

Read More Go to school, learn the rules, don’t be no faker!

It’s fairly usual that big infrastructure systems should be regulated or publicly owned if there is no realistic competition to them. Defining that is more difficult – Railtrack presumably thought it was competing frantically with roads, after all. I propose a different way of looking at it. What if the distinction were framed in terms…

Read More Rates of change

OK. Remember a few months ago, the Sundays were briefed about one of Tony’s eye-catching initiatives – to launch a magnetic levitation high-speed rail link from London up to Scotland? Well, if it ever had any substance, it’s now a dead parrot. And so are all maglev projects, which should bring a hearty cheer from…

Read More Maglev is Dead

Via comments at Our Word, Rob makes this excellent point. It’s always struck me as a serious tactical mistake for those on the left to argue against laissez-faire on the grounds that it deprives people of economic security, because this hands a powerful rhetoric of liberty to the right, who basically only care about it…

Read More The freedom to get crushed by a crane jib

Following an unexpected referral to this blog, I came to this discussion of Theodor Adorno. Well, that takes me back. I remember having reams of him stuffed down my neck at Vienna University in the winter of 2001, which I didn’t like in the least. I certainly didn’t like the cult of personality some people…

Read More The enemies of embittered freedom come in unexpected forms

Every blog and its cat has been discussing the tale that Richard Armitage supposedly threatened to bomb Pakistan back into the stone age, but no-one seems to have mentioned a very obvious fact about this: Pakistan has an estimated 20-60 nuclear warheads deliverable by various means. Now, you don’t go round threatening to bomb nuclear…

Read More All the Pakistan that’s fit to print