Quotulatiousness

June 5, 2018

Down with the experts!

Filed under: Government, Politics — Tags: , , , — Nicholas @ 05:00

In Quillette, Alex Smith explores the limits of expertise and why so many people today would eagerly agree with the sentiments in my headline:

“People are sick of experts.” These infamous and much-derided words uttered by UK Conservative parliamentarian Michael Gove express a sentiment with which we are now probably all familiar. It has come to represent a sign of the times — either an indictment or a celebration (depending on one’s political point of view) of our current age.

Certainly, the disdain for expertise and its promised consequences have been highly alarming for many people. They are woven through various controversial and destabilising phenomena from Trump, to Brexit, to fake news, to the generally ‘anti-elitist’ tone that characterises populist politics and much contemporary discourse. And this attitude stands in stark contrast to the unspoken but assumed Obama-era doctrine of “let the experts figure it out”; an idea that had a palpable End of History feeling about it, and that makes this abrupt reversion to ignorance all the more startling.

The majority of educated people are fairly unequivocal in their belief that this rebound is a bad thing, and as such many influential voices — Quillette‘s included — have been doing their best to restore the value of expertise to our society. The nobility of this ambition is quite obvious. Why on earth would we not want to take decisions informed by the most qualified opinions? However, it is within this obviousness that the danger lies.

I want to propose that high expertise, whilst generally beneficial, also has the capacity in certain circumstances to be pathological as well — and that if we don’t recognise this and correct for it, then we will continue down our current path of drowning its benefits with its problems. In short, if you want to profit from expertise, you must tame it first.

[…]

However, it is worth drawing a distinction between these two types of expertise — the kind people question, and the kind people don’t. In short, people value expertise in closed systems, but are distrustful of expertise in open systems. A typical example of a closed system would be a car engine or a knee joint. These are semi-complex systems with ‘walls’ — that is to say, they are self-contained and are relatively incubated from the chaos of the outside world. As such, human beings are generally capable of wrapping their heads around the possible variables within them, and can therefore control them to a largely predictable degree. Engineers, surgeons, pilots, all these kinds of ‘trusted’ experts operate in closed systems.

Open systems, on the other hand, are those that are ‘exposed to the elements,’ so to speak. They have no walls and are therefore essentially chaotic, with far more variables than any person could ever hope to grasp. The economy is an open system. So is climate. So are politics. No matter how much you know about these things, there is not only always more to know, but there is also an utterly unpredictable slide towards chaos as these things interact.

The erosion of trust in expertise has arisen exclusively from experts in open systems mistakenly believing that they know enough to either predict those systems or — worse — control them. This is an almost perfect definition of hubris, an idea as old as consciousness itself. Man cannot control nature, and open systems are by definition natural systems. No master of open systems has ever succeeded — they have only failed less catastrophically than their counterparts.

The Landings At ANZAC Cove And Suvla Bay 1915 I THE GREAT WAR On The Road

Filed under: Australia, Britain, History, Military, WW1 — Tags: , , , , , — Nicholas @ 04:00

The Great War
Published on 4 Jun 2018

With thanks to Mr. Ali Serim for making this episode possible.

Indy and our guide Can Balcioglu explore the northern landings sites of Gallipoli where the Australian and New Zealand Army Corps (ANZAC) landed in 1915.

The Internet-of-Things as “Moore’s Revenge”

Filed under: Technology — Tags: , , , — Nicholas @ 03:00

El Reg‘s Mark Pesce on the end of Moore’s Law and the start of Moore’s Revenge:

… the cost of making a device “smart” – whether that means, aware, intelligent, connected, or something else altogether – is now trivial. We’re therefore quickly transitioning from the Death of Moore’s Law into the era of Moore’s Revenge – where pretty much every manufactured object has a chip in it.

This is going to change the whole world, and it’s going to begin with a fundamental reorientation of IT, away from the “pinnacle” desktops and servers, toward the “smart dust” everywhere in the world: collecting data, providing services – and offering up a near infinity of attack surfaces. Dumb is often harder to hack than smart, but – as we saw last month in the Z-Wave attack that impacted hundreds of millions of devices – once you’ve got a way in, enormous damage can result.

The focus on security will produce new costs for businesses – and it will be on IT to ensure those costs don’t exceed the benefits of this massively chipped-and-connected world. It’ll be a close-run thing.

It’s also likely to be a world where nothing works precisely as planned. With so much autonomy embedded in our environment, the likelihood of unintended consequences amplifying into something unexpected becomes nearly guaranteed.

We may think the world is weird today, but once hundreds of billions of marginally intelligent and minimally autonomous systems start to have a go, that weirdness will begin to arc upwards exponentially.

Taxing Work

Filed under: Economics — Tags: , , , — Nicholas @ 02:00

Marginal Revolution University
Published on 22 Nov 2016

For most people in developed countries, retirement comes down to a choice: weighing the costs and benefits of continuing to work vs. leisure. An important factor influencing an individual’s decision is their government’s tax and retirement policies.

Most developed countries offer a government-run retirement system with benefits that kick-in at a certain age. That age varies from country to country, usually starting when a worker reaches their early sixties.

Of course, not everyone wants to retire simply because they can receive benefits. People that really love their work may choose not to retire. In some countries, though, that decision can be heavily penalized through lost retirement benefits.

Taxes on earnings plus penalties, like losing retirement benefits, gives us an implicit tax rate. Countries with higher implicit tax rates for older workers see a much lower labor force participation rate for people considered retirement age.

As you might imagine, these government policies on retirement can be extremely costly. Many European governments that penalize non-retirement have been working to reform these policies and reduce implicit tax rates for elderly workers.

In the Netherlands, which had one of the highest implicit tax rates in the 1990s, an older worker could have actually had to pay to work. Since the Netherlands reformed their policies surrounding retirement, they’ve seen an increase in the labor force participation rate for older workers.

In the next video, we’ll cover another big influence on female labor force participation: The Pill.

QotD: Protectionism is a form of bullying

Filed under: Economics, Quotations — Tags: , , — Nicholas @ 01:00

Bullying and protectionism have a lot in common. They both use force (either directly or through the power of the law) to enrich someone else at your involuntary expense. If you’re forced to pay a $20-an-hour American for goods you could have bought from a $5-an-hour Mexican, you’re being extorted. When a free-trade agreement allows you to buy from the Mexican after all, rejoice in your liberation. To compensate your former exploiters is to succumb to Stockholm syndrome.

Steven Landsburg, The Big Questions, 2009.

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