Category Archives: Economics

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.

Spaceplanes

DARPA has announced the winning teams for XS-1. I’m not surprised by Masten/XCOR. They’ve been collaborating for years. I have no inside info, but I wouldn’t be shocked if there’s an acquisition or merger at some point. The NG/Virgin alliance is no surprise, either, given that Northrop owns Scaled. The Boeing/Blue team is more interesting to me. I wonder if it’s away for Boeing to try to become more entrepreneurial?

The Border Tsunami

Have the Republicans forgotten how to play offense?

The first step to leading is understanding what you are up against. This border crisis isn’t incompetence. It isn’t bungling.

It is a calculated effort to crash the immigration system and fundamentally transform the nation. It is an effort to accelerate demographic trends and forever alter the nation’s culture. Until the GOP comprehends the full measure of Obama’s purpose, the GOP will be trapped in a prevent defense, never moving past complaints about Obama’s incompetence.

To the Obama administration and open borders groups, the tidal wave across the border is not an accident, and it is not a crisis. It is not even limited to unaccompanied children.

To be fair, they haven’t forgotten — they’ve never known how to go on offense.

[Update a couple minutes later]

The lie at the heart of immigration “reform” is exposed:

…does anyone think the people attending Obama’s White House meeting will accept any other new security measures that might actually succeed in blocking their co-ethnics from moving to El Norte – even as part of a “comprehensive” reform bill? They won’t. Once today’s illegals get their immediate “provisional” (i.e. permanent) legal status, security measures like E-verify (computerized checks of new hires), the border fence, and exit-entry visa controls will be subject to the same sort of counterattack as Obama’s request for more deportation “flexibility.”

Overcoming those attacks will only get more difficult as the Latino population grows — and it will grow even faster once a reform bill legalizes millions more eventual voters. It’s not hard to imagine that we’re at a tipping point: Implement border security measures now, or else they will never be implemented.

And the only way to implement them is to require they be done first, before any legalization — before the activists are free to attack them with full force (lest they jeopardize the eventual amnesty prize). The other way around, the McCain-Schumer-Obama way — ‘Legalization First, Security Later’ — is a swindle in the classic tradition. Just give us our amnesty. We’ll be there for you when it’s time to appropriate for the border fence. Really we will. You can trust us! You just have to wire the money to the Nigerian prince give us what we want first.

If we didn’t spot the fraud before, we do now.

Well, some of us do, anyway. Let’s hope it’s enough.