Thursday, December 13, 2007
Labor, capital, climate change, and The Gap
Commenting on a surprisingly utilitarian post by Eddie, a517d0gg writes
It seems to me that a lot of people (you, Soob, TDAXP) are contrarian on climate change for the sake of being contrarian.
I can't speak for Eddie or Soob, but Adrian's assessment of my motives is incorrect.
Essentially, the controversy on climate change boils down to one line:
Certain capital-producing activities are altering the nature of certain stocks of capital.
Hmm. A potential problem. What is then needed is a judgement of the productivity benefits of the capital-producing activities (very large, as they compound over time) and a judgement of the alteration of capital-stocks. For instance,
- sea levels will rise (bad)
- the cost of the rising sea levels is trivially low (good)
- rainfall in certain parts of Africa will lessen (bad)
- rainfall in Africa overall will increase (good)
- there will be more deaths from heat (bad)
- there will be many times less deaths from cold (good)
&c.
Climate change is thus a "problem" we are near the optimal solution for already. While certain technological adjustments can doubtless be made, there are more pressing matters.
One such more important issue is shrinking the Gap. Essentially, the problemof the Non-Integrating Gap is:
The opportunity cost of not shrinking the Gap is an alteration in the quality of the labor supply.
Another potential problem. IT can be analyzed by examining the opportunity cost of not shrinking the Gap and the nature of the alteration conducted on the labor supply.
Compared to shrinking the gap, labor loss in the present environment is very high. Apart from the "bottom billion" being almost completely unmonetized, biological plays a role, too. Unhygenic and primitive living conditiosn leads to an increase in exports of diseases from the Gap, while the co-evolution of genes and culture by natural selection continually optimizes the population of the Gap for a world less and less like the one everyone else lives in.
However, shrinking the Gap has its own opportunity costs. Certian things, which we may otherwise not want to spend:
- billions, if not trillions, on defense (Leviathan and Systems Administration)
- subversion of the constitutional order ("Ethan Allen" is right on this one)
and more
While climate change is a trivial problem with a trivial solution, the Gap is a complex problem with a complex solution. It's both more worthy of attention and more interesting to think about.
And that isn't "contrarian" at all.
20:45 Posted in Connectivity | Permalink | Comments (8) | Email this | Tags: a517d0gg, climate change, the gap
Sunday, August 19, 2007
Giuliani's Foreign Policy Vision, as grokked by a517d0gg
The recently engaged Adrian (congrats!) has finished his three part criqitue of Rudy Giuliani's recent article in Foreign Affairs. (Giuliani's words were previously both here and at Tom Barnett's blog.)
One of the heuristics i use in judging candidates is the quality of the arguments against them. It is here that i owe special thianks to Adrian's fine effort. While clearly the result of much thought and reflection, Adrian (who also goes by the nom de guerre a517d0gg)'s critiques either miss the mark or reinforce my support for Rudy. If these are the best that can be thrown against Mayor Giuliani, then he deserves to be President today, and not have to wait until January 2009.
Adrian's series, "Giuliani's Foreign Policy Vision," is in three parts
Read them all today!
08:15 Posted in 2008 Presidential Election | Permalink | Comments (3) | Email this | Tags: rudy giuliani, a517d0gg
