This is great. She just drips with hypocritical sanctimony.
Category Archives: Economics
Tomorrow’s Mars Hearing
If I were Chris Carberry, I’d be outraged at this, instead of promoting it. None of those people or companies are going to get anyone to Mars. But they’ll spend billions pretending they will.
What Makes Socialism So Attractive?
Evolution has wired our brains for it, unfortunately.
The chief problem, he suggested, is that many people are beguiled by “romantic socialism”—that is, they imagine what their personal lives would be like if everyone shared and treated one another like family. We evolved in small bands that were an individual’s only protection from starvation, victimization, and inter-group aggression. People feel vulnerable if their band does not exist. Such sentiments are more or less appropriate when people lived in small groups of hunter-gatherers composed mostly of kin, but they fail spectacularly when navigating a world of strangers cooperating in global markets.
Tooby also argued that markets make intellectuals irrelevant. Consequently, academics have a huge bias against spontaneous order and the basic goal of most social science is to critique the social institutions associated with market-based society.
More darkly, Tooby pointed out that political entrepreneurs know how to appeal to romantic socialist sentiments as a way to establish themselves in power. The evolved psychological propensity toward romantic socialism facilitates political coalitions that oppose free-market societies. Since such coalitions are organized around romantically appealing ideas, any heresy is treated as betrayal. If things are not going well (and they never are in full-blown socialist societies) and since the ideology cannot be wrong, evildoers are undermining progress and must be found and punished (think kulaks and the Gulag). Such coalitions tend to revert to primitive zero-sum thinking: If there is something you don’t get that means that someone took it from you. The result is, according to Tooby, that there really are those who are willing to make poor people worse off in order to make rich people worse off.
In terms of defining socialism, I don’t make a distinction between it and Marxism, which was simply a failed attempt to explain economics and human nature scientifically. Simply put, though it’s more complex, it is the belief that one person can know better than another what that other person “needs,” and should have the power to ensure that those “needs” are met.
Space Nuclear Reactors
Jeff Bezos says we need them.
You don’t say. I like the way he thinks.
California’s “Boom”
Is about to go bust. The notion that CA is doing better than Texas would be hilarious if it weren’t such an infuriating lie.
Reminder: When the state asks for a federal bailout, it should be only on the condition that it become a territory, and not be allowed back in as a single state.
[Update a while later]
I wish that this didn’t seem related: Printing money in Venezuela didn’t work out all that well. Of course, California can’t print money, fortunately.
We Don’t Need No Stinkin’ SLS
Jeff Bezos has unveiled Blue Origin’s plans for a BFR. And unlike SLS, a reusable (and affordable) one.
“I Miss The Days Of White Rule”
A sad post about the state of “Zimbabwe.”
Socialism and tribalism are deadly, even murderous. They’re both specialties of the Left.
Molly MacCauley
Her murder remains unsolved, but there will be a memorial service for her on September 23rd, and a posthumous lifetime achievement award.
A Survey Of The Civil And Military Space Industry
The latest technology quarterly at The Economist is a great overview from Oliver Morton (with appreciation to Yours Truly, among others).
Meanwhile, Alex Witze writes about Obama’s “science” legacy in space. I use scare quotes because human spaceflight doesn’t have much to do with science.
When Rockets Blow Up
Who pays for it? An interesting article on the space insurance business for those unfamiliar with it.