Irrationality

I’ve not read nearly at a pace as I’ve done in prior years, and I’ve got a million excuses. I did recently start and stop Quine’s Pursuit of Truth, but I’ve just picked up Irrationality: A History of the Dark Side of Reason.

EDIT: I’ve since finished this book and posted a review on Goodreads.

As a former behavioural economist, it’s good to see the expansion of the position that the Enlightenment brought the Western world an Age of Reason, but it failed to see how little capacity most humans have for reason even regarding mundane affairs.

Have you ever stopped to consider that literally half of the population has less than average intelligence?

Some guy

Fundamental attribution bias is clearly at play, as the authors of these Enlightenment works were high-intellect individuals. I respect greatly the likes of Locke, Hume, Montesquieu, Rousseau, and their near contemporaries, but the world they envisaged was based on an invalid premise.

In the realm of governance, one might try to argue that Plato was trying to address this in his admonishment of democracy in favour of The Republic, but he, too, was incorrect, essentially not seeing principle-agent problems as well as predicating a system on the notion of virtue—naive, to say the least.

I’ve been tremendously busy in my day job, so I haven’t been able to contribute here as much as I’d like, but I’ve taken time to jot down this.

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What’s in Store for 2017?

Going into 2017, I am going to focus more attention on Universal Basic Income (UBI) otherwise known as minimum income. Providing everyone with a safety net in the spirit of life, liberty, and happiness. Hopefully, this will take some focus away from or redirect the negativity I am anticipating under the Trump regime, but I make no promises, expressed or implied. I’ll attend to the detractors as well.

I’ve been peripherally aware of the concept of UBI for a couple of years now—Martin Ford’s Rise of the Robots and Erik Brynjolfsson’s The Second Machine Age, among others. Although I don’t envision it as a permanent solution—after all, what is permanent? —but it is a solution that works within the existing (and woefully wanting) economic framework. It does, however, have a way to go relative to the current socio-political constructs.

The solution is not permanent primarily because the current economic system based on markets, supply, demand, income, and production is tenuous, so building on a platform of shifting sand is bound to fail—not because it is a bad idea considering the given system, but because the system itself is faulty. Capitalism is a house of cards, a tenuous MacGyver-ed system held together with spit and bubble gum (and who knows what else). I don’t have a replacement system in mind, and most people are not quite ready to abandon their cherished ragdoll owing to indoctrination, propaganda, and escalating commitment.  Entropy is at play, and the establishment needs to apply more and more external force to keep it together. We can look to history and the French revolution of 1789 as a guide—or perhaps the fall of tsarist Russia. These systems were inherently unstable.

Regarding these societies of serfs, the gutting of the middle class and the expanding inequality along with technological trends seems to have a trajectory along a vector to return us there, and the results can be expected to be as disastrous.

The United States was founded during the so-called Enlightenment with dashes of a Calvinistic work ethic and rugged independence, whatever that means. ‘Enlightenment,’ like ‘modern’, is a flattering term given to self-describe a period, but this description is mostly wishful thinking. I am not opposed to much of the thought that came from the Enlightenment, from Diderot to Locke to Montesquieu—thoughts such as freedom and separation of powers—, hijacked by the likes of Franklin and Jefferson on these shores, but they, too, were built on shaky grounds—the grounds of gods or God, and nature—, so our laws are built upon nothing; this is worse than shifting sand: at least there was sand to shift.

Language tries to obfuscate the divine with the euphemism nature. From so-called ‘natural laws’ we derive property rights, but take away the premise of natural law, and we lose the basis for such an assertion. And don’t get me started on the further foundationless logical leap to intellectual property rights.