Category Archives: Business

Complexity

Frustration with the leftist fools who don’t understand the knowledge problem:

Mr. Bouie insists that he is not simply trying to make an excuse for the president’s revealed incompetence in sundry matters, but of course that is precisely what he and other apologists for the administration are doing. If they were really interested in complexity as such, then they would bring it up on the front end of the policy debate, rather than on the back end.

I’ve seen this happen so many times that every other policy debate looks to me like an ancient rerun of Three’s Company: Do you think there’ll be a comic misunderstanding in this episode, too? It unfolds like this: Politicians on the Barack Obama model promise that they will muster their native intelligence and empirical evidence to bring order to, e.g., the health-care industry, through the judicious application of regulation. People like me tell them that the effects of such regulation are almost certainly going to be other than what was intended, because such markets are too complex to be understandable, predictable, or steerable, even in principle. Even if every bureaucrat who touches health care or the labor market has the brain of an Einstein and the soul of a St. Thomas Becket, it will not turn out the way it is intended. And then, when it doesn’t turn out as intended, Jamelle Bouie et al. protest that the toldya-so chorus “betrays an ignorance of the size and complexity of the federal bureaucracy.”

And they never even consider the question: If the federal bureaucracy is so vast and complex that its behavior cannot be adequately managed, how is it that the phenomena that the bureaucracies are tasked with managing—orders of magnitude more complex than the bureaucracies themselves—are supposed to be manageable? To consider the question with any intellectual rigor is to accept real, meaningful, epistemic limits on what government can do.

Can’t have that. It doesn’t allow them to run other peoples’ lives.

NASA Adrift

Eric Berger has Part 3 of his series up now:

Working with engineers at Johnson Space Center, as well as five other field centers, and using same tools NASA uses to estimate costs, Miller says, “We found we could put astronauts on the moon within a decade, inside the existing budget.”

The plan used the commercially available Delta IV Heavy rocket to conduct a steady stream of missions to the lunar surface, allowing humans to begin tapping into the moon’s resources.

“We briefed it to all the key NASA human spaceflight centers, giving them a chance to challenge the conclusion,” Miller said. “I thought it was a tremendous result for human spaceflight. We could have a plan that flies early and flies often.”

NASA never published the study and Miller’s contract wasn’t renewed.

Not enough opportunities for graft.

The Apollo Cargo Cult

Over at USA Today, I say that after four lost decades, it’s time to end it:

After over four decades, it is time to stop awaiting a repeat of a glorious but limited and improbable past. We must, finally, return to and embrace the true future, in which the solar system and ultimately the universe is opened up to all, with affordable, competing commercial transportation systems, in the way that only Americans can do it.

I’ll have some other stuff up later, in other venues.

Statins

More junk science, pushed by the drug companies:

History will judge the American Heart Association guidelines by their effect. We currently have a statin epidemic with 25 percent of adults over the age of 45 taking the pills, a large majority of whom do not have heart disease and have not seen the numbers. But they are simple, and available. No doctor should be prescribing a statin and no person should be taking one, unless they have seen them. If more people without heart disease take statins it will be a victory of misinformation.

I try to convince my brother to get off them, but he takes the advice of his doctor.