Wednesday, August 27, 2014

Who said blogging was dead?

My alarm clock goes off in less than 3 hours so I don't know why I'm posting this.  But I'm a blogger and this is a really quick point.

I'm pondering (and learning) from Noah Smith responding to Brad Delong's excellent dialogue (which left me utterly perplexed and in need of a second reading) on philosophy of probability.  Then before I get a chance to take a deep breath the next thing to cross my RSS feed is round 4 (I think) of Dean Baker vs Jared Berstein on corporate income taxes.

I haven't even had a chance to digest any of these items at a level they deserve (I just hit save and will be reading all the posts again tomorrow with fresh eyes) but all I can wonder is: who actually thinks blogging is dead?

While its not like with was pre- Facebook and Twitter where micro-blogging sucks up most of the navel gazing and self congratulatory cheerleading; there are still quality blogs and bloggers.  The ability of smart people to write smart things and the likes of folks like me to read, follow up, ponder, link, and question--otherwise known as learning from said smart folks and trying to point other people to and draw attention to smart things happening online--is still very much alive.

Monday, August 18, 2014

The Good Hayek and the failure of my State Rep to learn from him.

So the other day Brad Delong sends us over to Robert Solow to remind us of the difference between the Good Hayek and the Bad Hayek
there was a Good Hayek and a Bad Hayek. The Good Hayek was a serious scholar who was particularly interested in the role of knowledge in the economy (and in the rest of society). Since knowledgeabout technological possibilities, about citizens’ preferences, about the interconnections of these, about still moreis inevitably and thoroughly decentralized, the centralization of decisions is bound to generate errors and then fail to correct them. The consequences for society can be calamitous, as the history of central planning confirms. That is where markets come in. All economists know that a system of competitive markets is a remarkably efficient way to aggregate all that knowledge while preserving decentralization.
But the Good Hayek also knew that unrestricted laissez-faire is unworkable. It has serious defects: successful actors reach for monopoly power, and some of them succeed in grasping it; better-informed actors can exploit the relatively ignorant, creating an inefficiency in the process; the resulting distribution of income may be grossly unequal and widely perceived as intolerably unfair; industrial market economies have been vulnerable to excessively long episodes of unemployment and underutilized capacity, not accidentally but intrinsically; environmental damage is encouraged as a way of reducing private coststhe list is long. Half of Angus Burgin’s book is about the Good Hayek’s attempts to formulate and to propagate a modified version of laissez-faire that would work better and meet his standards for a liberal society. (Hayek and his friends were never able to settle on a name for this kind of society: “liberal” in the European tradition was associated with bad old Manchester liberalism, and neither “neo-liberal” nor “libertarian” seemed to be satisfactory.)
The Bad Hayek emerged when he aimed to convert a wider public. Then, as often happens, he tended to overreach, and to suggest more than he had legitimately argued. The Road to Serfdom  was a popular success but was not a good book. Leaving aside the irrelevant extremes, or even including them, it would be perverse to read the history, as of 1944 or as of now, as suggesting that the standard regulatory interventions in the economy have any inherent tendency to snowball into “serfdom.” The correlations often run the other way. Sixty-five years later, Hayek’s implicit prediction is a failure, rather like Marx’s forecast of the coming “immiserization of the working class.”

It reminded me of one of the reasons why, at a very basic level, I'm running for State House.   

My current State Representative has failed to utilize social media and public forums in the district to bring information to the district about what is actually going on under the Gold Dome.  In fact within two months of starting my campaign I had already organized more events in the district than he had his entire two years in office.

Check out his Facebook Page--no mention or real engagement with the issues, just lots of pictures and people being honored.  He has fundamentally failed to grasp what the Good Hayek has to teach us about how information is and should be transferred so that inefficiencies and corruption can be reduced and problems can be properly solved.  

Unfortunately the Gold Dome is a massive black box where what the Republicans running the state actually think is hidden behind platitudes and right wing nonsense.  There is no way to figure out where the compromises can be found, nor a way to shine a light on the bad ideas running around as legitimate--when anyone paying attention can tell they aren't.

While my opponent may be a nice guy, he was failed to understand the Good Hayek and is harming the ability of our markets and our Government to efficiently function.  

Look, i'm no fool, hosting meet up's and discussion groups throughout the year in the district; having an active social media that creates a Habermasian space online for discussion and debate; working to pass IRV so we don't waste money and time in run-offs (that no one votes in anyways); these things aren't going to radically reform our broken process.  But these are the small positive steps towards creating more efficient transmission of information to and from the political class and the citizenry;which helps to sustain and strengthen a market based society for a better more responsive Government and improved social outcomes for all of us.  

Its either we shine a light on the corruption, waste, and mismanagement and start to better address the massive inequities and lack of responsiveness from the political class--or we'll see pitchforks doing the heavy lifting for us.

I don't think my State Rep really understands whats going on at a structural level.  That is why I decided to work to take his job.  Chip in a few dollars if you'd like to help.

Friday, August 15, 2014

Its about jobs--we haven't been creating enough of them for a long time.



All the bad things you see on your TV and in your culture and community that you don't like are in ways the result of a longterm jobs deficit. 
We’ve been experiencing a stagnant economy in varying degrees for more than 40 years now.
I have written about this before. The austerity caucus in both parties has been at this for decades.



It's part of the reason why we've chosen to mass warehouse young males with lots of energy and nothing productive to do.  We haven't created meaningful work for them. The wage stagnation and wage inequality we've seen has been a policy choice, not the whims of a free market.

The militarization of police--directed at young black males predominantly--has been systematic and ongoing and has intellectual roots from right wing radicals.



I mean just look at Michael Brown's high school; its disgusting.   Its about an agenda of creating a permanent underclass.

The answer is to put good jobs and good infrastructure back on the agenda.  Thats why I'm running for State House here in Georgia.

You can chip in to my campaign if you'd like to be a part of this movement to take back our country from an out of touch political class.  This is about movement building.

Tuesday, August 12, 2014

Sad.

"He took risks and said things most of us only think. For it, for taking the risks we all want to and bearing his weaknesses alongside his passion and poise, he is more than respected, he is loved."

Monday, August 11, 2014