Published on 26 Jun 2015
While the probability of an asteroid hitting the planet is very low, its effect would be disastrous for all of us. So, who should pay for asteroid protection? A good like asteroid defense — a public good, meaning it’s nonexcludable and nonrival — has some unusual properties that challenge markets. We explore the curious case of public goods in this video and others in this section.
July 6, 2016
Public Goods and Asteroid Defense
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QotD: The treason of the modern intellectuals
The longest-term stakes in the war against terror are not just human lives, but whether Western civilization will surrender to fundamentalist Islam and shari’a law. More generally, the overt confrontation between Western civilization and Islamist barbarism that began on September 11th of 2001 has also made overt a fault line in Western civilization itself — a fault line that divides the intellectual defenders of our civilization from intellectuals whose desire is to surrender it to political or religious absolutism.
This fault line was clearly limned in Julien Benda’s 1927 essay Le trahison des clercs: English “The treason of the intellectuals”. I couldn’t find a copy of Benda’s essay on the Web. but there is an excellent commentary on it that repays reading. Ignore the reflexive endorsement of religious faith at the end; the source was a conservative Catholic magazine in which such gestures are obligatory. Benda’s message, untainted by Catholic or Christian partisanship, is even more resonant today than it was in 1927.
The first of the totalitarian genocides (the Soviet-engineered Ukrainian famine of 1922-1923, which killed around two million people) had already taken place. Hitler’s “Final Solution” was about fifteen years in the future. Neither atrocity became general knowledge until later, but Benda in 1927 would not have been surprised; he foresaw the horrors that would result when intellectuals abetted the rise of the vast tyrannizing ideologies of the 20th century,
Changes in the transport, communications, and weapons technologies of the 20th century made the death camps and the gulags possible. But it was currents in human thought that made them fact — ideas that both motivated and rationalized the thuggery of the Hitlers and Stalins of the world.
Eric S. Raymond, “Today’s treason of the intellectuals”, Armed and Dangerous, 2002-11-28.
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