Some Hayek-Related Links

Via Twitter via Evonomics: ‘Hayek Meets Information Theory. And Fails.

So, replacing prices in a marketplace with AI deep learning models is apparently the way to go (reducing your knowledge, experience, and behavior to input nodes channeled through possible optimization distribution paths).

Let’s ignore the bureaucratic/political incentives for a moment…for man is a political animal.

Our author:

‘The understanding of prices and supply and demand provided by information theory and machine learning algorithms is better equipped to explain markets than arguments reducing complex distributions of possibilities to a single dimension, and hence, necessarily, requiring assumptions like rational agents and perfect foresight’

From the comments, a response:

‘His [Hayek’s] crucial point is that market prices perform a co-ordination function, allowing people to act AS IF they had the relevant knowledge.’

Also, epistemologically speaking, from the comments:

Indeed it is a central tenant of Austrian school economics (of which he was not quite a founding member, but is perhaps its most thoughtful member) that the efficient market hypothesis is false, that markets are never actually in equilibrium, that people are not perfectly rational agents, and that they most definitely do not have (and cannot have) perfect foresight.’

Your price re-allocation command console awaits, Captain.


On that note, Mark Pennington’s Robust Political Economy: Classical Liberalism and the Future of Public Policy comes recommended.

Full diavlog here.

Duke professor Bruce Caldwell talks about his then new book on Hayek, an intellectual biography.

Repost-From Public Reason: A Discussion Of Gerald Gaus’s Book ‘The Order of Public Reason: A Theory of Freedom And Morality In A Diverse And Bounded World’

.A Few Thoughts On Isaiah Berlin’s “Two Concepts Of Liberty” …

Repost-Cass Sunstein At The New Republic: ‘Why Paternalism Is Your Friend’

Graeme Wood At The Atlantic-‘His Kampf: Richard Spencer Is A Troll And An Icon For White Supremacists. He Was Also My High-School Classmate’

Full piece here. (Includes audio interview)

To be fair, I think Wood offers a decent piece of journalism (interviews, phone calls, research etc.); a well-written, longer-form work I find to be in shorter-supply these days.

In it, he highlights Spencer’s Nietzschean-influenced intellectual aspirations and populist ambitions to become a mouthpiece for alt-right advocacy (serious enough to get attention, unserious enough to be poseurish and pathetically fascistic..which means Spencer may not represent more than a vocal minority, even on the alt-right……feel free to send some data my way).

To be critical: What I think Wood misses, and what many anti-Trumpers and liberal ‘gentry’ miss (Trump is an opportunist if there ever was one), is that Richard Spencer (an opportunist if there ever was one) isn’t enjoying his moment in the sun alone.   The kind of black bloc, antifa radicalism which Spencer publicly addresses is clearly ok using violence on the way to radical and revolutionary freedom.

This leads to the most persuasive arguments I’ve heard criticizing modern liberalism:  It’s all too easy to ignore the true-believers, radicals, poseurs and nutbars (they’re our bastards) beneath one’s own platform, especially if they share some version of one’s own cherished beliefs and ideals.

Left and Left-liberal idealism prospers and is even institutionalized at places like Berkeley (no shortage of anti-racist, neo-Marxist, anti-establishment, anti-capitalist sentiment at Berkeley), which helps fuel radicals which help fuel the Richard Spencers.

Fascists and anti-fascists sure can come to resemble one another, trading tired power theories, hitting each other over the head, and trying to squeeze some meaning from similar principles while showboating through the nihilistic void.

Frankly, they deserve each other, and they deserve to be marginalized by the rest of us.

***I don’t think one need be a Nietzschean nor Nietzsche-inspired, nor a Nietzsche-reacting sort of Straussian (from H.L. Mencken to Leo Strauss to Camille Paglia to John Gray) to seriously question the modern liberal and secular human project, and help offer perspective.

But, it probably helps in understanding the fascist tendencies of Spencer and his enemies/allies..

Addition: I should make it clear that Nietzsche didn’t have much truck with fascists, and that he diagnosed, from the depths of his own nihilism, a lot of the crises that would come to face Europe…as for folks like Spencer, they seem to get enough nihilism to carry around while looking for meaning/purpose/identity/belonging elsewhere (in fascist movements)

Repost-From Darwinian Conservatism: ‘Nietzsche–Aristocratic Radical or Aristocratic Liberal?’

 Here’s Nietzsche scholar J.P. Stern on Nietzsche’s anti-Christian, anti-secular morality (Kant, utilitarians), anti-democratic, and anti-Greek (except the “heroic” Greek) biases

On this site, see also:

-Graeme Wood At The Atlantic: ‘The American Leader In The Islamic State’

Hitchens could be entertaining, especially on grounds I’m guessing he knew instinctively well as a former Trotskyite: Ideologies, while highlighting truths, promise a one-stop shop on truth, knowledge, how to be in the world, what to do and what the future will be.

People can kill for less, and when they adhere to such systems, then they can end-up killing more:

Via a reader.  Platonic idealism has advantages in restoring both idealism and realism into political debate, but also drawbacks.  It can be a bulwark against moral relativism, which is a modern soup in which Left and Right fascism can be found simmering.

A Podcast From BritainE30 | Dreaming The Future | Natalie Bennett, Phillip Blond, Roger Scruton

Related On This Site: -Repost: Various Products Of Radical Reason And Reactions To Them- John Gray At The New Statesman

-Some thoughts on Fukuyama and Leo Strauss: Update And Repost- From YouTube: Leo Strauss On The Meno-More On The Fact/Value Distinction?’

Out of the Valley of modernism, post-modernism, and relativism…one path from Nietzsche’s nihilism is through Leo Strauss and Allan Bloom: Update And Repost: ‘A Few Thoughts On Allan Bloom–The Nietzsche / Strauss Connection’Some Tuesday Quotations From Leo Strauss

Peter Singer discusses Hegel and MarxFrom Philosophy And Polity: ‘Historicism In German Political Theory’

Repost-Quotation Sent By A Reader-Jacques Barzun

‘Political correctness does not legislate tolerance; it only organizes hatred.’

Thanks to a reader, more on Barzun here.

I read ‘From Dawn To Decadence‘ not long after it came out.

As posted, Barzun at The American Scholar-‘The Cradle Of Modernism‘:

‘For yet another cause of unhappiness was the encroachment of machine industry and its attendant uglification of town and country. The Romanticists had sung in an agrarian civilization; towns were for handiwork and commerce. Industry brought in not factories only, and railroads, but also the city — slums, crowds, a new type of filth, and shoddy goods, commonly known as “cheap and nasty.” And when free public schools were forced on the nation by the needs of industry, a further curse was added: the daily paper, also cheap.’

Via C-SPAN-The Historical Context Of Allan Bloom…From Humanities: Why Nabokov’s ‘Speak, Memory’ Still Speaks To Us

John O’Sullivan On The French Elections

Full piece here.

‘So the next five years could well see a series of social crises in which two versions of young France — a multicultural one swollen by migration and a native-nationalist one fed by the arrival of a post-guilt generation — will find themselves on opposite sides of a worsening political divide.’
The fundamental instability of both current French politics and the EU are worrying, to say the least.

 

As previously posted:

Interview sent in by a reader with Hollebecq on his ‘Soumission,’ which, in his fictional world, imagines a soon-to-be Muslim candidate defeating a French nationalist candidate, followed by an ultimate submission of French society to Islamic law and political leadership.

Interesting discussion at the link (including a deflation of (R)acism as critical theory).

‘But now you’re asking words to mean something they don’t. Racism is simply when you don’t like somebody because he belongs to another race, because he hasn’t got the same color skin that you do, or the same features, et cetera. You can’t stretch the word to give it some higher meaning.’

On some of Hollebecq’s thinking behind the creative work:

‘Yes. It has to happen sometime and it might as well be now. In this sense, too, I am a Comtean. We are in what he calls the metaphysical stage, which began in the Middle Ages and whose whole point was to destroy the phase that preceded it. In itself, it can produce nothing, just emptiness and unhappiness. So yes, I am hostile to Enlightenment philosophy, I need to make that perfectly clear. ‘

Whoa, at least he’s relatively up front about that.

Isn’t it possible to reject Hollebecq’s modernity-is-dead worldview AND also put the universal claims of progressive, collectivist, ideological, postmodern, multicultural feminist discontents into their proper perspective…without suggesting the end of the modern world and some presumed next stage to be reached?

And as for discussions of art:  Is the book worth a read?

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From the comments:

‘Those of you regarding e.g. feminism as somehow an antidote to the patriarchal impulses in enlightenment thinking or Islam, or in broader terms postmodern political and social movements as offering a ‘third way’, something totally new and immune from this dynamic of competitive decay and decline, forget the fact that these movements are themselves the most recent outgrowths of the emancipative instinct, one of the core features deeply rooted in Western thought ever since the renaissance, as Barzun described. As an Asian living in the West myself, I have to tell you that this instinct is simply not present as a core element in other civilisations, and is indeed distinctive about the West. That Japan and Korea, and for that matter every non-western nation, modernised without a countercultural ‘values’ rebellion is indicative in this regard. The west is going to be without allies as it goes with a whimper.

Under such a depressing worldview, hope is provided for by religion and mysticism, a return to medievalism. It is sad, because the West will truly die as it numbs its own most deeply embedded instincts in the process of conversion, but the mysticism is a form of hope for the masses, who never particularly cared for high ideals anyway.

Houellebecq seems to channel Spengler, who hardly anybody reads nowadays. But that such an interesting thinker is hardly glanced at today is an indictment of us, not of him.’

Also, from the comments.  Hubristic, but there’s something to the grandiosity and deflated nihilism:

‘This is why I love French writers and thinkers. Fascinating to read even if they are always wrong.’

Modern Distress-Poverty Chic

Modern to postmodern objets d’art (you can already imagine the blurbs) and mass-produced market items have been dovetailing recently, two once separate activities increasingly becoming one.

Yes, you too can pay hundreds of dollars for a pair of shoes that merely appear to be old and worn.

Frankly, I’m too ignorant to offer much insight, dear reader, but maybe one can trace a line from Marcel Duchamp’s readymades to the current fad of ‘distressed’ items.

Everyone’s a Self, you see, and every Self deeply wants fame and recognition, or at least to be fresh, new and ahead of the curve in the marketplace.

Or do you?

Here you are, just a chump watching another more famous chump eating some Burger King.  It’s important and it isn’t. Give it the meaning you think it deserves.  You’ll get your 15 minutes one day.  Or not.

Don’t set your sights too high, this pickled basketball seems to be saying, for your aspirations, too, may be empty as the liquid void in which this Spalding hovers.  Gaze upon your hoop dreams within the silence of the ideal… hallowed as you temporarily are within this modern secular temple called…MoMA.

The marketplace delivers us that which we want, enriching our lives and fulfilling our desires but that’s not really what we want, is it?

Or it is.  Ho-hum.

We all know clothes decay while trends come and go. Beauty fades, and people live in houses built with real materials which fall apart.

Ah, well. Buy some music, celebrate Art and be a Self.

Addition-Let’s say that both modern art and the market may be done a disservice, here:

Related On This Site:   A museum industrial complex…more complexes…who are the people museums should be serving? James Panero At The New Criterion: ‘Time to Free NY’s Museums: The Met Responds’

From Bloggingheads: Shakespeare and The Second Law Of ThermodynamicsStanley Fish At The NY Times Blog: ‘The Last Professors: The Corporate Professors And The Fate Of The Humanities’From The Harvard Educational Review-A Review Of Martha Nussbaum’s ‘Cultivating Humanity: A Classical Defense of Reform in Liberal Education.’,,

Roger Scruton In The American Spectator Via A & L Daily: Farewell To Judgment

See the comments Repost-Camille Paglia At Arion: Why Break, Blow, Burn Was SuccessfulUpdate And Repost: ‘A Few Thoughts On Allan Bloom–The Nietzsche / Strauss Connection’

Goya’s Fight With Cudgels and Goya’s Colossus.  A very good Goya page here.

A Reaction To Jeff Koons ‘St John The Baptist’

Denis Dutton suggests art could head towards Darwin (and may offer new direction from the troubles of the modern art aimlessness and shallow depth) Review of Denis Dutton’s ‘The Art Instinct

The end of the ‘greatness’ model?: From NPR: Grants To The NEA To Stimulate The Economy?From 2 Blowhards-We Need The Arts: A Sob Story

Some Professors At Middlebury-Shut Up Or Maybe You’ll Get Hit In The Head, OK?

The broader issue as I see it:  Some students are gathering around a set of political and social doctrines in a pseudo-religious, pseudo-scientific, ideologically motivated fashion.  Many of these doctrines share logical foundations which promote revolutionary change on the way towards radical liberation.

The truth and knowledge claims required to implement such changes are supposedly contained within a broad range of texts, as well as in common, collective beliefs which solidify membership and group identity.  Action and activism further solidify group loyalty against all presumed injustice, oppression, and morally illegitimate authority (generally, carving up people and the world into groups and ‘-Isms’).

Race is a primary motivator here (the genuine injustice of American racial history and the personal experience of many activists), and can help explain the frenzied and rather ritualistic chanting of James Baldwin’s writings during Murray’s event.  As though chanting in unison and earnestly seeking ‘solidarity’ will simply banish unwanted ideas.

Some Middlebury professors, of course, may be surprised (bemused, ashamed?) at the whirlwind being reaped, but in receiving other people’s money to interpret texts, influence young minds, and sit at faculty meetings much of the time, it’s probably not often the feedback is direct (some even took a stand on principle).

Other Middlebury professors, however, well, let’s just say this: While talking with them, don’t be surprised if they keep telling you to shut up and then maybe hit you in the head.

‘The sit-in corresponded with greater efforts from faculty members to seek information from administrators regarding the disciplinary proceedings. Laurie Essig, associate professor of sociology and gender, sexuality, and feminist studies, Linus Owens, associate professor of sociology and Sujata Moorti, professor of gender, sexuality and feminist studies, were among a group of faculty members who reached out to the administration. Initially, they were hoping for more information from the meeting to better understand the disciplinary process and help students who are facing hearings.’

Furthermore, as previously and often posted:

“First, if any opinion is compelled to silence, that opinion may, for aught we can certainly know, be true. To deny this is to assume our own infallibility.’

‘Secondly, though the silenced opinion be an error, it may, and very commonly does, contain a portion of truth; and since the general or prevailing opinion on any subject is rarely or never the whole truth, it is only by the collision of adverse opinions that the remainder of the truth has any chance of being supplied. ‘

‘Thirdly, even if the received opinion be not only true, but the whole truth; unless it is suffered to be, and actually is, vigorously and earnestly contested, it will, by most of those who receive it, be held in the manner of a prejudice, with little comprehension or feeling of its rational grounds. ‘

And not only this, but, fourthly, the meaning of the doctrine itself will be in danger of being lost, or enfeebled, and deprived of its vital effect on the character and conduct: the dogma becoming a mere formal profession, inefficacious for good, but cumbering the ground, and preventing the growth of any real and heartfelt conviction, from reason or personal experience.”

-John Stuart Mill ‘On Liberty: Chapter II-Of The Liberty Of Thought And Discussion’

See the previous post.The Intellectual Cowardice Of The Crowd-Charles Murray At Middlebury College

Charles Murray’s Account Of The Middlebury College Affair

Repost-From The Liberal Bastions-James Baldwin, Often

From Michael Totten-Russia Is Arming the Taliban

Full piece here.

So we shouldn’t even aim to be allies on that whole terrorism problem, not even over on the minimalist end of the realist spectrum (no friends, no foes, just interests)?

‘Now that communism has collapsed everywhere outside North Korea, Cuba and Laos, and now that radical Islamist terrorists menace much of the world—especially Muslim lands, but also the United States and Russia—an alliance at least against that particular threat between Moscow and Washington makes perfect sense. Americans who yearn for it and who are willing to let a certain amount of Vladimir Putin’s nefarious behavior slide to bring it about are entirely reasonable.

Putin, though, isn’t interested.’

Well, Putin does seem to be interested in consolidating the kleptocratic, post-Soviet State, which apparently involves putting out anti-Western propaganda through State-controlled media while making himself the indispensable heart of a grander national project. It seems to mean dividing and conquering Georgia and Ukraine, letting the Baltics know who’s in charge, gaining leverage over Europe with Gazprom and uniting the old Damascus-Tehran-Moscow alliance against American interests in the Levant (hey, we stopped being the bouncer in the club).

According to Totten, it now includes running some guns to the Taliban.

Just a few years ago, there was supposed to be something like a raft of World Nations banding together with enough ‘common will’ to carrot-and-stick Putin into international arrangements while resetting the post WWII arrangement.

Ah, well.

A reader passed along a video of Bill Browder, who made a billion, lost much of it, and got a look at Russian politics, money, and power up close.  The way he describes it:  Corruption all the way to the top.

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What goes around, comes around-An oldie but a goodie-George Kennan: ‘The Sources Of Soviet Conduct

60 Minutes had an interview with ‘Jack Barsky,‘ an East-German Soviet spy who ended up living in America.  To hell with it!

From The National Interest: ‘Inside The Mind Of George F. Kennan’,,,Eric Postner back in 2008: The Bear Is Back