Quotulatiousness

April 2, 2015

How do we measure prosperity? Badly

Filed under: Economics, History, Technology — Tags: , — Nicholas @ 05:00

At Coyote Blog, Warren Meyer points out that we do not have a useful way to measure prosperity:

GDP growth and unemployment reduction are terrible measures. Just to give one example, these measures looked fabulous in WWII. But the average person living in the US had access to almost nothing — they couldn’t buy anything under rationing, they couldn’t travel for leisure, etc. GDP looked great because we were building stuff and then blowing it up, the economic equivalent of digging a hole and filling it in (but worse, because people were dying). And unemployment looked great because we had drafted everyone and sent them off to get shot.

[…]

How do we take into account that even if a person has the same income as someone in 1952, they are effectively wealthier in many ways due to access to medical procedures, travel, entertainment, electronic devices, etc?

Somehow we need to measure consumer capability — not just how much raw money one has but what can one do with the money? What is the horizon of possibilities? Deirdre McCloskey tends to eschew the term capitalism in favor of “market-tested innovation.” I think that is a pretty powerful description of our system. But if it is, we really are only measuring the impact of productivity and cost-reduction innovations. How do we measure the wealth impact of consumer-empowerment innovations like iPhones? Essentially, we don’t. Which, by the way, may be one reason our current crappy metrics say we have growing income inequality. With our current metrics, Steve Jobs’ increase in wealth is noted in the metrics, but the metrics don’t show the rest of us getting any wealthier by the fact that we can now have iPhones (or the myriad of competitors the iPhone spawned). The consumer surplus from iPhones undoubtedly dwarfs the money Jobs made, but it doesn’t show up in any wealth calculations.

“… women think about their bodies in much more complicated ways than men do”

Filed under: Health, Science — Tags: , — Nicholas @ 04:00

Amanda Smith on some of the reasons why human male and female shapes are so different from one another, unlike most mammals:

“It just seems that women think about their bodies in much more complicated ways than men do, and that’s kind of bewildering when you’re a man,” he says.

Apart from mere curiosity, Bainbridge has a professional interest: “I’d always thought it was strange that humans are the one species where our females are curvy — you don’t really see that in other species”.

He addresses that question in his book: Curvology: The Origins and Power of Female Body Shape.

At birth, he writes, human babies are around 12 per cent fat by weight. Throughout childhood that average fat level remains consistent between boys and girls. However, by the end of puberty girls of average weight will have have a body composition of 24 to 30 per cent fat, while boys hardly change at all.

“There is a very spectacular stacking on of adipose tissue during those years, and of course that’s what makes women such a distinctive shape compared to men,” says Bainbridge. “Men have got the same as most animals, it’s women that are absolutely exceptional.”

The new editor of The Walrus bows in

Filed under: Cancon, Media, Politics, USA — Tags: , — Nicholas @ 03:00

Jonathan Kay, formerly of the National Post, is now the editor-in-chief of The Walrus. Here’s the start of his first editorial for the magazine:

“Any slighting reference to Canada is bound to produce a flurry of anguished letters, most of them attached to manuscripts,” Michael Kinsley wrote in The New Republic three decades ago. “On the other hand, so is any favorable reference to Canada, so it would be futile to add at this point that I think it’s a lovely country and we’re darn lucky to have it next door, especially considering the alternatives. Yet Canada is, for all its acknowledged merits, a nation of assistant professors, each armed with articles designed to ‘dispel misunderstanding.’ These literary missiles are aimed at the American media, ready to be fired at the slightest provocation.”

Any Canadian past the age of thirty will recognize the whiny writing that Kinsley aptly skewered: until recently, our relationship with the United States was the great neurotic obsession of our intellectual life. This neurosis didn’t just produce insecurity; it also produced bad writing.

In the domain of foreign policy, especially, virtually every debate — missile defence, Cuba, Afghanistan, Iraq, terrorism, peacekeeping — was brought back to the question of whether we were doing enough to distinguish ourselves from the southern hegemon. To describe our place in the world in a way that made us feel morally superior, we became reliant on a canonical set of clichés — honest broker, human security, global citizenship, soft power. The dreariness of these tropes was unavoidable, because the approved form of argumentation among all those assistant professors was to string old ideas together in new ways.

[…]

This attitude is gone — or at least very much on the wane. Whatever you may think about the way Stephen Harper has changed Canada, it is undeniable that we have become a richer, more interesting, and less insecure country than we were just a decade ago. I’ve lost count of the number of international surveys that Canada (and Toronto, its largest city) now tops. Ambitious Canadians in every field have better reasons to stick around than they did even a few years ago.

And all those assistant professors whom Michael Kinsley disparaged have become less whiny: having shed our anxieties about our relationship with the US, Canadian intellectuals now draft their impassioned manifestos in a country that is important and interesting in its own right.

Needless to say, this is good news for The Walrus, a magazine that explores Canada and its place in the world. Never in my lifetime has it been a better time to write — and read — about this wonderful country.

Gordon Lightfoot – Canadian Railroad Trilogy

Filed under: Cancon, History, Media, Railways — Tags: — Nicholas @ 02:00

QotD: Punjab and the Sikhs, 1845

Filed under: Britain, History, India, Quotations — Tags: , , , , — Nicholas @ 01:00

First of all, you must do as Sale bade me, and look at the map. In ’45 John Company held Bengal and the Carnatic and the east coast, more or less, and was lord of the land up to the Sutlej, the frontier beyond which lay the Five Rivers country of the Sikhs, the Punjab. But things weren’t settled then as they are now; we were still shoring up our borders, and that north-west frontier was the weak point, as it still is. That way invasion had always come, from Afghanistan, the vanguard of a Mohammedan tide, countless millions strong, stretching back as far as the Mediterranean. And Russia, We’d tried to sit down in Afghanistan, as you know, and got a bloody nose, and while that had been avenged since, we weren’t venturing that way again. So it remained a perpetual threat to India and ourselves — and all that lay between was Punjab and the Sikhs.

You know something of them: tall, splendid fellows with uncut hair and beards, proud and exclusive as Jews, and well disliked, as clannish, easily-recognised folk often are — the Muslims loathed them, the Hindoos distrusted then, and even today T. Atkins, while admiring them as stout fighters, would rather be brigaded with anyone else — excepting their cavalry, which you’d be glad of anywhere. For my money they were the most advanced people in India — well, they were only a sixth of the Punjab’s population, but they ruled the place, so there you are.

We’d made a treaty with these strong, clever, treacherous, civilised savages, respecting their independence north of the Sutlej while we ruled south of it. It was good business for both parties: they remained free and friends with John Company, and we had a tough, stable buffer between us and the wild tribes beyond the Khyber — let the Sikhs guard the passes, while we went about our business in India without the expense and trouble of having to deal with the Afghans ourselves. That’s worth bearing in mind when you hear talk of our “aggressive forward policy” in India: it simply wasn’t common sense for us to take over the Punjab — not while it was strong and united.

George MacDonald Fraser, Flashman and the Mountain of Light, 1990.

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