
2025-05-08
Moah Techno-optimism

2025-04-07
It’s the End of the World as We Know It

Noah Smith has a nice post berating leftish people. My summary (which NS liked!) is "Trump's policy is mad but alas the Dems are completely clueless in opposing it". This is what I'd like to expound on.
As a touchstone of "are you capable of thinking about economics without your party blinders" I offer you What Does Public Schooling Teach Us About Predatory Pricing? which conveniently comes my way (or this).
Preliminary: the anger that MAGA feeds on - well, that populism feeds on, Bernie Saunders is much the same - is that you're being ripped off; that life today is worse than it was for your parents; that wages aren't rising; and so on. None of it is true, but people love nothing better than getting really angry about being taken advantage of. And yet, at the same time, I assert another aspect: people are so confident of the strength of the capitalist2 system that they don't fear the risks that come from trying to make massive changes; they're confident that somehow it will all work out.
Secondary: on top of everything else, the tariffs are blatantly unconstitutional. But the constitution is not self-enforcing. Either Congress needs to explicitly take back its money-raising powers6, or someone needs to bring the case to court; there are moves afoot in both directions. As a good Popperanian, I point out once again how this points to the danger of giving government too much power; notice how none of the opposition are saying the government should not be able to do this they are only saying I don't like this thing the government is doing, my ideal government would wield just as much power, but for the good. A convenient example of this is the House Democrats, who say Trump's trade policy has been a chaotic mess, but that tariffs—if done right and paired with strong pro-worker and industrial policies—can help supercharge manufacturing. Not only is this a very bad idea, it is also desperately weak as a political strategy8.
At the moment, I think stock prices reflect what people expect of the future - i.e. the damage that will be done - and not too much of the actual damage done yet. By which I mean, they could still be reversed, if Trump just abandons all this nonsense. But fairly soon they will start to reflect real damaage - economic activity foregone, businesses closing, and so on. They have already done vast reputational damage that cannot be undone in the short term.
Every time I look at the situation something else appalling comes up, so I've probably forgotten some terrible aspect, but I think that will do for the moment.
Oh, but what does the world look like if the Dear Leader does not relent? People get poorer - and so angrier, and more prone to political extremism - and people at the margins, perhaps in distant countries, die. But - despite my headline - I think I expect my - and, dear readers, I hope your - comfortable middle class lifestyle to continue.
Update: I knew I'd forget something. One good thing the Trump admin did was starting the DEI rollback, though I'll be happy to admit that it was done crudely; but probably there was no other way. But if Trump gets completely discredited, that could stall or reverse; see this for a crude take.
Uupdate: and another: Your right to lorenorder refers. The USA is not El Salvador, but this points up the danger of a Strongman govt; or indeed of socialist / fascist govt in general.
Uuupdate: Navarro is truly a moron. What he says here is demonstrably false - E. Musk. And I’d like to apologize to bricks for calling Peter Retarrdo dumber than a sack of bricks. That was so unfair to bricks.
Uuuupdate [2025/04/10] Well, yer Orange Man Blinked and the world breathes a sigh of relief, at least for now. Lawsuits continue, as they should. For those who want to know how I did (such as for example me): I put in my sell order (don't worry, not for my entire wealth) on Monday, it was executed on Tuesday, fortuitously more or less at the 5250 peak, and I am happy with that. Had I HODL'd I'd now be better off but still exposed. One obvious point is the potential for vast profits from insider trading (another reason for not giving one man all this power) but I'm not yet seeing much credible evidence for that.
Notes
1. America Underestimates the Difficulty of Bringing Manufacturing Back is a readable token in that direction. His solution won't work, though.
2. Is this the right characterisation? Perhaps just "system".
3. Just possibly this is a cunning ploy by the Chinese to raise tariffs merely as a bargaining chip that they want to throw away in return for the Mango Mussolini dropping his tariffs. If so, it doesn't look like it is going well so far. More likely China, as a Great Nation with a big dick cannot be seen to lose face.
4. As a token piece of good news, today's S+P is practically level on the day. I'm not cancelling my sell order though.
5. Ah, if only I know what exactly was the really stupid bit. But doubtless people will tell me that.
6. Some movement in this direction: Bacon, Hurd, Gottheimer, Meeks, Introduce Bill to Restore Congress’ Constitutional Role in Trade. Interesting comment: "In court, it's possibly even harder to defend a universal 10% tariff as an emergency measure".
7. Quite a bit of ye yearnninge for ye goode olde dayes is around housing affordability. This has indeed got worse but that's because idiot govts insist on restricting house building. See-also Even Acts of God Can't Fix Permitting Anymore.
8. NS: It is literally true that billionaires and CEOs, backed by neoliberal free traders, helped save the American economy from an even worse catastrophe while progressive Democrats and "anti-neoliberal" think tankers equivocated on the disaster.
Refs
* Rights and Wrongs of the Supreme Court's Ruling in the Alien Enemies Act Case (Scotus blog) / District Court and Fourth Circuit Order Trump Administration to Return Wrongfully Deported Immigrant (Scotus blog).
* More bad takes: Torygraph: The Bank of England must step in to stop market meltdown. But as the article says the markets are already pricing in rate cuts; and the problem here is not one bankers can fix.
* But astonishingly, a good take from the chancellor: In terms of buying British, I think everyone will make their own decisions. What we don’t want to see is a trade war, with Britain becoming inward-looking, because if every country in the world decided that they only wanted to buy things produced in their country, that is not a good way forward. In that she is batting back a foolish Lib Dem idea; it looks like the LDs are continuing the poor tradition of opposition-as-mischief-making.
* Trivia by comparison, but Mackerel stocks near breaking point because of overfishing, say experts shows how the govt can't even do something trivial right; how can it be expected to get the exact value of tariffs "correct"?
* Bandwidth economics - this is similar to the Hayekian / Popperian "open society" stuff: you don't need to know about people in order to interact. Conversely, we suffer from the opposite, insisting on everyone caring about everyone else.
* Review: The Road to Freedom: Economics and the Good Society by Joseph Stiglitz.
* A Psychological Theory of the Culture War.
* Public Statement in Favor of Free Trade and Against Tariffs.
* In defense of an online life.
* I owe the libertarians an apology says Noah Smith. It is a half-hearted apology and he has a way to go, but there is hope for him perhaps.
* The Populist Right Must Own Tariffs - ACX; better than the title suggests.
* Talking DEI with the Board of Visitors.
Pix
2025-04-03
Lord Ribblesdale and friends

Refs
* France 2024: Orsay, Chamonix, Argeles, Canal du Midi.
* [2024/03] London: Cloth Fair, Wigmore, Westminster, Courtauld, National Gallery, St Bartholomew the Great, RA.
* [2024/03] A visit to Magdalen and Elias.
* [2023/12] Ashmolean: Egypt.
* [2023/03] Cezanne: a trip to London.
2025-03-28
Conjectures and Refutations, part two

The Nature of Philosophical Problems and their Roots in Science (66-96)
Three Views of Human Knowledge (97-119)
Towards a Rational Theory of Tradition (120-135)
Back to the Pre-Socratics (136-153)
Refs
2025-03-21
Conjectures and Refutations

... a theory of reason that assigns to rational arguments the... role of criticizing our often mistaken attempts to solve our problems. And it is a theory of experience that assigns to our observations the... role of tests which may help us in the discovery of our mistakes. Though it stresses our fallibility it does not resign itself to scepticism, for it also stresses the fact that knowledge can grow, and that science can progress - just because we can learn from our mistakes.The way in which knowledge progresses, and especially our scientific knowledge, is by... conjectures... controlled by... attempted refutations, which include severely critical tests. They may survive these tests; but they can never be positively justified: they can neither be established as certainly true... Criticism of our conjectures is of decisive importance: by bringing out our mistakes it makes us understand the difficulties of the problem which we are trying to solve. This is how we become better acquainted with our problem, and able to propose more mature solutions: the very refutation of a theory... is always a step forward that takes us nearer to the truth. And this is how we can learn from our mistakes.As we learn from our mistakes our knowledge grows, even though we may never know that is, know for certain. Since our knowledge can grow, there can be no reason here for despair of reason. And since we can never know for certain, there can be no authority here for any claim to authority...Those among our theories which turn out to be highly resistant to criticism... may be described, together with the reports of their tests, as 'the science' of that time. Since none of them can be positively justified, it is essentially their critical and progressive character - the fact that we can argue about their claim to solve our problems better than their competitors - which constitutes the rationality of science.
Introduction: On the Sources of Knowledge and of Ignorance
Science: Conjectures and Refutations
Notes
Refs
2025-03-20
Global cereal production has grown much faster than population in the last half-century
Refs
2025-03-18
Red Team wins again

Addendum
2025-02-24
Energy Secretary Chris Wright Sees Opportunity In Ecological Collapse?

What he actually said: "Climate change is a global challenge that we need to solve... There’s pluses to global warming... Everything in life has trade-offs". So far so true; not exactly how I'd phrase it, but not a disaster either. And the explicit mention of trade-offs is good: far too often the Woke Side likes to pretend there are no trade-offs, or that they aren't important enough to talk about; this is always wrong.
They then present three taking points from CW: “A warmer planet with more CO2 is better for growing plants”; “The world has been getting greener for decades—[there’s] 14 percent more greenery around the planet today than there was 40 years ago”; “We have far more people die of the cold than die of the heat”. None of that is particularly interesting or novel; but paraphrasing it as "Opportunity In Ecological Collapse" is dishonest, and we should try to remember that we're the Good Side. Or at least I am; I'm not really sure who is on the same side any more.
Finally, I'd like to leave you this lovely cartoon that came my way today.
Hopefully our charming English argot has now penetrated sufficiently to help you Yanks avoid these little faux pas in future.
Refs
* Why I Am Not A Conflict Theorist - ACX.
* Misinformation mostly confuses your own side.
* Can Bezos Bring Elite Human Capital to Free Markets?
* Should we defund academia? - SH
* Perils of Unitary Executive Theory - IS at Volokh. I find it unconvincing; it is better as a call for less govt as I think it itself recognises.
* Pigou and the Poor: Being able to buy a better life is the whole point of being rich!
* The Case Against Deporting Immigrants for "Pro-Terrorist" Speech.
2025-02-12
Return to Sneachda

Saturday: Aladdin's Mirror
Up 6:30, b'fast, faff a bit - we couldn't quite be bothered to get all our gear together the night before - off 8, car park 8:20, set off around 8:30, walk in is a bit more than an hour, kit up and so on and so by 10 we're about ready to start climbing. My pic shows Aladdin's buttress; look closely and you'll see a bloke in red in the centre just on the snow at the base of the buttress. The "Mirror" starts heading up the snow ramp rightwards. GPS trace. We're using the old blue rope and my skinny new rope.
The route continues up right to the snow patches higher on the right, before returning left to the dark pinnacle at the top center just below the skyline, then easily behind the ridge to the plateau above. It's a grade I, perhaps a little harder in these rather dry conditions, but comfortable enough. You can perhaps see the upside-down triangle smeared with ice which is the "direct"; but that's IV, and not really in condtiion. E and I are climbing together, me leading; it is her first taste of Scottish winter climbing. L, M and X are one pitch behind us initially, then they start training and we drop them. Here's E belaying at about "the turn"; the other party, L belaying and M following lower down; and me climbing somewhere near the top.
At the top, the time is an awkward 1:30. We have, in theory, time to drop down and do another route before dark at around 5; but not really any spare. And we're tired. So we wimp out and decide to stroll up Cairngorm, which is only a km or so away; E has after all not been here before. Here we are at the summit, with the cairn of gorm carefully positioned between us.
Drop down the ridge between Sneachda and the ski area until we can traverse back in to the frozen lakes and pick up the pack we stashed, and walk out, quite tired. Somehow the walk out, downhill, feels longer than the walk in, uphill; it takes ages to finally get round the turn of the ridge to see the welcome car park; and we get back a little after 4 so the cafe is shut. 8:30 hours out on the hill.
And so down, time for a late afternoon lounge around before dinner - A and J providing pasta - and then a moderately early bed after the strains of the day.
Sunday: The Runnel
Up 6:30 again; we're more efficient this time and off before 7:30, and leave the car park before 8, there at 9. Today we set our sights slightly higher at The Runnel, II. GPS. 7 hours out total.
The Runnel is one of several climbs that start from the top of a snow-slope to the right of yesterday. In the pic you can see a bloke in red at the base of the "real" start, as it trends off left, but hidden inside the buttress. It is much more closed-in than yesterday. There are two parties above us, and we rapidly discover that the name is appropriate, as (small) bits of ice are channelled down the gully at us. We rope up at about the sharp rock point pointing right; the snow is hard-frozen and steeper than it looks in the pic.
And so on up. It is fairly steep, and somewhat testing for me, but nothing worrying; and I don't have to search too hard for just about adequate gear. The last pitch is the crux, a narrow chimney fairly thin in ice so perhaps I could claim it as II+. Below we see Our Hero thrutching his way up; there are enough small wires in the walls to make me just about happy.
The ice has been hacked around a lot to the point of not always being there anymore; sometimes I'm putting my pick in a nice hole chipped out by those who went before; and having some toeholds pre-kicked helps the burning pain in the calves. Above the chimney is a short easy slope to the plateau and no cornice.
I get to lie back against a boulder on the plateau as some shelter from the now-increased bitter wind, while E climbs up; we can't hear each other while she is climbing, though if I'd wanted to fix that I could have belayed just at the edge. Some of the others had radios for that; cute, but. The ropes have twisted themselves together so we just stuff them into the sack; the wind doesn't encourage lingering. Southwards stretches the plateau.
Into the distance disappear the mounds of human heads; but we're not going that way. Instead we head down the Goat Track and, after wrestling with our consciences for not very long, head back downwards. We could sneak in another climb but again we're tired, and also quite satisfied by The Runnel.
And so down, with time for coffee and cake in the cafe; time to shower, have a stroll down Aviemore high street, which is linear and recalls alpine ski resort streets (that's not a compliment). Dinner: chicken tagine by P.
Monday: drive back, with L and M; E will take the train back to Edinburgh, which is handy, as we're all brought too much kit so the car is full. Memo to self, yet again: strip it down. Second stop is Purdy lodge, which was good. About where Barter Books in Alnwyck were on the way up.
Practical considerations
We stayed in the Youth Hostel, which was a good choice. Here's the foyer / reception / one of the lounges, leading towards the dining area on the left.
As you see, it isn't the sort of place that objects to you bringing sacs and axes in, although like anywhere else it doesn't want mountain boots past the boot room. There was a nice drying room, and no-one in our 4-bed room snored; the showers were good. You could get a basic breakfast, though not until 7, so we brought our own; and we cooked each night. There are big fridges for your stuff.
The temperature outside the hostel in the morning, a little before dawn, was about -5; it would have been somewhat lower up at the climbs. Snow was fairly thin (the ski resort was only just about open, and that limited) and hard-frozen; the path into the corrie was well-made (until you get to the boulder field) but treacherous if oyu didn't watch it. I was in themal leggings, and then my old green "warm" "waterproof" trousers. On top I had again thermals, then a fleece, then a down jacket, then raincoat. That was actually a bit too warm; on Sunday I didn't wear the fleece, and was less like a Michelin man. Gloves were down mitts and outer shell. So that's pretty well what we wore for Mont Blanc; it was fine. Boots were the new boots; they were fine, although on the cold side. On Saturday I carried too many not-very-useful friends and large rocks; Sneachda seems to want wires mostly. And I didn't have enough carabiners.
Kit: here's the hallway once I'd unloaded the car. Not very helpful perhaps. E and I had two technical axes each, one new one old each. The new (Petzl and Black Diamond) were distinctly better on anything steep, though admittedly a bit annoying to use when walking. E had her steel crampons, I had my aluminium ones. We don't have proper leashes for the axes; I've finally realised that using slings on the heads is not a good idea when you're swinging them; for Sunday I added cords from the tails, and that worked well.
Fear
When I've done this before, Howard has been in charge. Quite often I was climbing harder than him, but he was definitely in charge of when to go, what routes to do, safety, not getting lost, all that stuff. I found actually being the Leader of our little party, as opposed to just leading the climbs, quite stressful.
Howard's notes
Howard sends me some notes of previous trips, which I'll include here for the records.
- We went to Sneachda with Miriam in 1992 and climbed in glorious sunshine with no wind. I kept telling you how lucky we were and you didn’t believe me.
- We went to Glencoe with Debbie Fish and the guy from Chemistry whose name will come back to me, in “1993-4” so I guess over New Year. We were joined by Bill Taylor for the first day on Buchaille Etive More. Later we did Aenoch Eagach ridge as a rope of four, with me leading but you coming last in an equally important role.
- We went to the Shelterstone with Steve McCann and Debbie, my catalogue says in 1997 but it could have been 1996. You led me up most of Hells Lum Chimney (II+) and Steve led us all up Route Majeur (IV) Steve and I shared the decisions on that trip.
- We went to Sneachda in Feb 2013, with Karl Roscoe and young Chris Collett, and I seem to remember you going to look at Alladin’s Mirror Direct with Karl, then me offering to drop a rope for you from its top. I selected the routes, but mostly left you and Karl to it on the other rope.