We are developing the social individualist meta-context for the future. From the very serious to the extremely frivolous... lets see what is on the mind of the Samizdata people.

Samizdata, derived from Samizdat /n. - a system of clandestine publication of banned literature in the USSR [Russ.,= self-publishing house]

Gunwalker? Fast and Furious?

Every so often a big news story develops, or at any rate a story that a lot of people are saying is a big story, and I miss the bus, so to speak. At first I ignore it, in this case because it seemed a small, local American matter of no great interest to me, and then, when I keep on being told, by people whom I respect, how significant the story is, the stories I do read don’t make much sense to me, and often hardly any. Having failed to grasp the fundamentals of the matter at a time when that was what everyone who cared was talking about, I never from then on got told about them. In more recent reports, the fundamentals of the story are assumed, rather than spelt out again and again. Consequently, as far as this story is concerned, I lack any sense of the big picture, and each further burst of paintwork that someone adds to the big picture only adds to my confusion.

So it has been with “Gunwalker” (aka “Fast and Furious” which I assume is the name given to the operation in question by those responsible for setting it in motion), which is a story about American government officials selling guns to bad Mexicans, and other Mexicans (Good ones? Other bad ones?) being killed with these guns. I think. Instapundit seems to have linked to stories about this story on an almost daily basis, ever since it became a story, most recently here and here.

Rather than meander on at greater length about what (this being my entire point here) I do not understand, let me state my request simply. Could our ever industrious and informative commentariat take it in turns to try to explain this story to me, and why it matters, as if explaining it to someone who knows nothing about it. Because that, pretty much, is what I am.

I am particularly interested in what the possible motivations of the accused government officials might have been. What nefarious, illegally money-making motives might they have had? But also: What honourable but undiscussable motives might they have had? What greater good might they have been pursuing with the apparent evil that they seem to have been presiding over?

Instapundit is fond of comparing Gunwalker with Watergate, on account of nobody having been killed by Watergate, but on account of it having mortally wounded the Presidency concerned. He presents Gunwalker as a story involving, among other things, blatant mainstream media bias.

But I am also reminded a little bit of that Arms For The Nicaraguan Contras thing that Reagan got accused of. That never bothered me too much, because however illegally Reagan may have acted in obtaining the arms in question, arms for the Contras sounded good to me, given the people that the Contras were said to be fighting against, and who was supporting the people that the Contras were said to be fighting against. And it never bothered Reagan too much because Reagan was not only a genius in general but also a genius in particular at appearing to be the opposite of a genius, with no clue as to what his underlings got up to and therefore who couldn’t be blamed for anything they did that was considered bad.

But, although apparently a fairly typical affair of state, this Contragate (?) matter was used by the then left-dominated media to badmouth Reagan. Could this be what the right-leaning alternative media are doing now with this Gunwalker thing? Using it as a stick to beat Obama with, when actually there are quite good reasons for what has been going on? Or are there extremely good reasons to bang on about this thing? These are not statements disguised as questions, they are actual questions. I do not know. But, I now find that I would like to.

A stagnant era – out of ideas and inventions?

Peter Thiel, the founding CEO of PayPal, has an essay up that makes the contention that the pace of technological innovation in the West, for various reasons, has slowed. He argues that this paradoxically may explain why, in the absence of serious tech change, investors are instead drawn to the dangerous finangling of asset markets such as property, and have fallen prey to the easy charms of high leverage. It is quite an interesting idea.

Here is an interesting couple of paragraphs:

“The most common name for a misplaced emphasis on macroeconomic policy is “Keynesianism.” Despite his brilliance, John Maynard Keynes was always a bit of a fraud, and there is always a bit of clever trickery in massive fiscal stimulus and the related printing of paper money. But we must acknowledge that this fraud strangely seemed to work for many decades. (The great scientific and technological tailwind of the 20th century powered many economically delusional ideas.) Even during the Great Depression of the 1930s, innovation expanded new and emerging fields as divergent as radio, movies, aeronautics, household appliances, polymer chemistry, and secondary oil recovery. In spite of their many mistakes, the New Dealers pushed technological innovation very hard.”

“The New Deal deficits, however misguided, were easily repaid by the growth of subsequent decades. During the Great Recession of the 2010s, by contrast, our policy leaders narrowly debate fiscal and monetary questions with much greater erudition, but have adopted a cargo-cult mentality with respect to the question of future innovation. As the years pass and the cargo fails to arrive, we eventually may doubt whether it will ever return. The age of monetary bubbles naturally ends in real austerity.”

It does rather go against the ideas of Matt Ridley about whom Brian Micklethwait writes below on this blog. Ridley’s take on the pace of events is far more optimistic: he does not, for instance, share the gloomy outlook on food production that Thiel makes.

This rather gloomy “are the easy economic gains gone for good?” theme was also made recently in the Tyler Cowen book, called The Great Stagnation. Here is a somewhat critical review by Brink Lindsey.

Dale Halling, an entrepreneur and scourge of things such as the Sarbanes-Oxley Act and anti-patent campaigners, has his own take on why the pace of innovation in the US may have slowed.

I can see why a certain gloom might set in. Many of the innovations we see today, especially in things such as consumer electronics and mobile phones, don’t have the majestic appeal of a space rocket, tall building or breakthrough in medicine. But these things are continuing: materials science, for example, which is an area that is not very “sexy” (to use one of my least favourite epithets) is full of innovation. And there are the developments in biotech and nanotechnology, to take other cases. And let’s not forget that even in the midst of the Industrial Revolution, some people claimed that all that could be invented had been.

And here is another example of the sort of concern that gets aired about where all the big inventions have gone, taken from The Money Illusion blog:

“My grandmother died at age 79 on the very week they landed on the moon. I believe that when she was young she lived in a small town or farm in Wisconsin. There was probably no indoor plumbing, car, home appliances, TV, radio, electric lights, telephone, etc. Her life saw more change than any other generation in world history, before or since. I’m already almost 55, and by comparison have seen only trivial changes during my life. That’s not to say I haven’t seen significant changes, but relative to my grandma, my life has been fairly static. Even when I was a small boy we had a car, indoor plumbing, appliances, telephone, TV, modern medicine, and occasional trips in airplanes.”

The worry is, of course, that in a world of low innovation and weak genuine economic growth, political fighting over the economic pie becomes nastier, and certain groups find life becomes very uncomfortable. Not a happy thought.

Samizdata quote of the day

The principal argument I used to put which the pro Euro Labour, Liberal Democrat, CBI and TUC forces found difficult to counter was the simple proposition that joining the Euro was like taking out a joint bank account with the neighbours. You were likely to ruin a good friendship with them, when you fell to arguing over the size and use of the overdraft. This unfortunately sums up the Euro crisis. Greece, Spain, Italy and Portugal want to use the common overdraft or borrowing ability to excess. The Germans do not want to help pay the interest and sustain the joint credit rating, but they are being drawn more and more into doing just that.

John Redwood.

I like the joint bank account analogy.

Samizdata quote of the day

As the scientific forester may dream of a perfectly legible forest planted with same-aged, same-species, uniform trees growing in straight lines in a rectangular flat space cleared of all underbrush and poachers, so the exacting state official may aspire to a perfectly legible population with registered, unique names and addresses keyed to grid settlements; who pursue single, identifiable occupations; and all of whose transactions are documented according to the designated formula and in official language. This caricature of society as a military parade-ground is overdrawn, but the grain of truth that it embodies may help us understand the grandiose plans [for a planned society] we will examine later. The aspiration to such uniformity and order alerts us to the fact that modern statecraft is largely a project of internal colonization, often glossed, as it is in imperial rhetoric, as a “civilizing mission.” The builders of the modern nation-state do not merely describe, observe, and map; they strive to shape a people and a landscape that will fit their technique of observation.
[…]
The more static, standardized, and uniform a population or social space is, the more legible it is, and the more amenable it is to the techniques of state officials. I am suggesting that many state activities aim at transforming the population space and nature under their jurisdiction into the closed systems that offer no surprises and that can best be observed and controlled.

– James C Scott,Seeing Like a State: How Certain Schemes to Improve the Human Condition Have Failed (1998)

Baker’s books

I’ve said it here before and I am sure I will say it here again. Steve Baker MP is a remarkable man.

Last week, Steve Baker published, in a new Spectator venture, this list of books that he admires, with very brief notes saying why. The list contains several books by authors of the sort that no normal MP would admit to admiring, whatever he might privately claim. Nozick, Jesus Huerta de Soto, Schlichter (Schlichter’s Paper Money Collapse being Baker’s answer to the question: “What book best describes now?”), Nigel Ashford (an excellent populariser and clarifier of libertarian ideas), Bastiat, von Mises (the books of those two authors, along with the King James Bible, being the ones that Baker would snatch from a British library fire). Amazing.

I thought I would die before I witnessed a British Member of Parliament publishing a list of books like that, as opposed to merely chatting about such things between ourselves, dear boy. Baker is out and proud about it. He knows what are the big ideas that matter the most just now, and he doesn’t care who knows that he knows.

Matt Ridley on video

Johnathan Pearce regularly mentions here the Rational Optimist himself, Matt Ridley, very admiringly, most recently in this posting. For those who share JP’s admiration, there’s a video of his recent Hayek Lecture, which everyone who wins the Manhattan Institute’s Hayek Prize, for the year’s best book promoting the ideas of individual liberty, gets to give.

Videos are also very handy for people like me, who only learn things half decently if told them several times, in different media, in different voices, so to speak.

I’m now watching this video at Bishop Hill, to whom thanks because this is where I learned of it.

Here’s a quote from the lecture (of the SQotD sort that we like here) that has already stood out, as I concoct this little posting:

Self-sufficiency is another word for poverty.

Maybe that’s two words. But: indeed.

As the man introducing him said, one of the things that makes Ridley particularly special as a writer is the enormous range of evidence that he brings to bear on the matter of why trade and trade networks work so fabulously well, compared to isolated individuals or isolated local communities.

The lecture lasts nearly an hour, but shows every sign so far of being very well worth it.

Institutional Will

Do institutions have a will that transcends, and can run contrary to, those who create and staff them?

In the early seventies my high school participated in a program that allowed students to access the Illinois Institute of Technology computers for instructional purposes. In a room off of the school library sat two Teletype 33 terminals, one of them equipped with foam telephone ear cups and a modem. We would code our programs onto paper tape and then, during our school’s allocated time, feed them into the IIT mainframe for compiling and executing. The second thing I learned after how to get the mainframe to understand that I was sending it a program, was that computer programs have a will of their own that is totally apart from my will. My will is to get the answers to the formulas I am trying to solve. The program’s will is to follow the next instruction. Occasionally, to the programmer’s embarrassment and the rest of the computer club’s amusement, an errant program would set off in a Quixotic attempt to consume all of our allocation of CPU clock time, empty the box of paper and wear out the printer ribbon, in an infinite pursuit of pointless activity. An example of this might be if I told the program to stop when a particular value reached “25”, but then inadvertently instructed it to count up in units of two. Since the counter stepped from “24” straight to “26”, it never did reach “25” and the program tripped merrily along, consuming all of the resources it could acquire. Later I was employed working on a Burroughs computer. It had a lovely missile-launch style red button labeled “CLEAR MEMORY” shielded underneath a spring-loaded, hinged, clear plastic cover. When programs ran amok, we could lift the cover and administer an instant memory wipe to the CPU, returning control to the system operator.

How does computer programming pertain to Institutional Will? Institutions, whether they are small temporary government programs, or über institutions like a constitution, are nothing but computer programs executing procedural instructions on a societal mainframe. Just like electronic programs, institutions can evade their constraints and wildly consume resources, until a counter-procedural force stops them.

→ Continue reading: Institutional Will

Samizdata quote of the day

Community and collectivism are opposites.

Eric S. Raymond (via David Thompson)

The writing on the Russian wall

According to information linked to by Glenn Reynolds, the New World is poised to become the center of gravity for oil production by the end of this decade. There is as much as 2 Trillion Barrels in the US; another 2 trillion in South America and 2.4 Trillion reserves in Canada.

This affects the Middle East but it hits Russia even more. Over the last decade two of their big earners have been oil exports and aerospace. These have been just about the only sources of national power they have. Oil and gas exports have been used as a carrot and stick against the Europeans. The need for Soyuz launches to the International (but mostly US funded) Space Station have softened reactions from the US congress. The Russians know the US can only make noises about sales to Iran and others like them because ISS is and has been essentially hostage to their good graces for years.

SpaceX and American companies like them are about to shift the center of gravity for space systems back to US dominance. This has huge geopolitical implications. Cargo and crew flights to ISS will be fungible. If the Russians threaten a stand down, all that is needed to counter it are extra purchases from an American provider. That assumes we are even still buying Soyuz as the desire for Congressional ‘pork’ will almost certainly be overwhelming. It will result in a ‘buy American’ requirement for all US Government space flight as soon as SpaceX proves they can handle the job. On top of it all, if SpaceX delivers on the low prices it is quoting, and there is no reason to believe they will not, Russia and China and Europe are all going to be priced out of the commercial launch business in short order.

That is why the Russians are not happy about the SpaceX Dragon rendezvous and docking with ISS in December. With that docking and the shift in global energy production the writing is on the wall for Russia. Its days as even a minor world power are numbered. The implications of that are not necessarily good. Russia’s ruling classes have been known to do very bad things when they feel threatened.

Whatever the case, we are going to find out by the end of this decade.

Glamour in the air

Virginia Postrel, over at her Deep Glamour blog, has interesting brief thoughts about how British Airways is attempting to revive its image by being glamorous. The video linked into here has shots of BA aircraft past and present, including that ultimate piece of aviation coolness, Concorde. The new billboard ads I see on the side of the London Underground go for this sort of feel, too. But as always with glamour, the trick is being able to achieve a certain willing suspension of disbelief, rather in the way that, as Postrel has noted elsewhere, people regarded Barack Obama as a glamorous politician. (So was JFK, unlike, say, Eisenhower, Truman or even Ronald Reagan, despite the latter’s Hollywood back-story).

BA is not the only airline to try for the glamour approach in its marketing. The new adverts by Virgin go for a slightly more raucous, fun-fun-fun! approach and it makes me wonder how some feminists must think of it as the ads are full of young, sexy-looking women in killer heels, slinky red uniforms and so on, while the pilots and other crew are all winking in a naughty fashion at the camera. The message seems to be: “Fly Virgin and you might just get away with a hangover or a phone number!” On the positive side, it certainly seems to be at odds with the neo-puritan killjoy mood of the moment, so kudos to Sir Richard Branson for that.

And these thoughts take us to the collision between the desire to project hopes and dreams onto something (an airline or a politician or actor) and the reality. Consider how the vacuous Obama sound-bite “Hope and Change” has now become an ironic tagline for many an Instapundit post, for example. And Postrel has given several talks, including this one at TED, about the glamour issue more broadly. (She also has a book coming out.)

This issue of aviation glamour reminds of something I wrote a while ago about the movie, The Aviator, based on the life of Howard Hughes. He played a huge part in the airline industry, of course. And here is another chance for me to talk about Aerotropolis, a fascinating book about aviation and the modern world.