Another piece in this great series on China by the Times. There’s so much packed in here and in the rest of the series that I don’t even know what to highlight. Just go read it.
I used to follow Israeli politics quite closely, and Judah’s reflections here echo a lot of my own opinions. I remember grasping, as a 15 or 16 year old, for the first time grasping that Israel can’t be both democratic and Jewish in the long run, and how that realization changed so much of my world view. The world is going in a strange direction.
A really simple visualization that says a lot. The author combed through 741,576 section front headlines since 1900, looking for which country got the most mentions in any given month. It’s pretty amazing how much attention Britain was given early on, and how much reporting about wars takes up the front page. Germany and then the Axis take over during the world wars, then there’s Russia during the cold war, followed Vietnam and Iraq. The fact that China takes up so much of the last ten years is also telling. This is a great project, I just wish the articles were linked, too.
Sharing this one mostly because I’m pissed off about the dumb position that the US is taking on immigration, and the small but effective ways in which the government is curtailing immigration accross the board through its bureaucracy. These changes to the rules are affecting good people, like those who try to follow the rules to enter the US legally, many of whom I know personally, and depending on the luck of the draw might also include me in a few months. 🎉
Strange loopholes around taxation and cross-border exploits are getting more and more common. This is not just the case for huge corporations. Rich people are well incentivized hide vast wealth in assets around the world, but setting up shell companies like matryoshka dolls to hide cash is no longer necessary. Buying real estate in top markets, or leaving valuable art in tax-free ports works just as well. This problem is only going to get worse and worse over time, as access to these tax havens becomes more available.
A conversation worth listening to given our current political environment around the world. I am fascinated with nation states lately, and Hazony believes they’re not going anywhere. He’s against the idea of more global government, and thinks that we should double down on the nation-state. In a way, his arugments mimic what Taleb says at the beginning of Antifragile about Switzerland and its canton system - you want to have multiple sets of policies running in parallel as a way to let the best outcomes rise out of trial and error across the board. With little research to back it up, I think that’s the correct approach, but that the modern nation-state is too large for such trial and error to be productive. Another book to add to the to-read list.
We’re headed into a world of protectionism. It is scary to think what won’t exist because of it. "…officials admire Beijing’s tight control over citizens’ data and how it has nurtured homegrown internet giants like Alibaba and Baidu by limiting foreign competition." If India goes down this path, and closes itself off to western companies like China has, the market dynamics of working on new products change completely. When your addressable market goes from being the world to excluding the two economies that are forecasted to be the largest in a few years theres way less incentives to build new things. That’s bad.
An amazing intimate story involving Morgenstern, Einstein, and of course Gödel, on his naturalization to become a US citizen in 1947. I won’t spoil it.
For a while now, Noah has been pushing a comprehensive case to open up immigration in the US. Including a slew of facts that show why the current nativist wave is based on false premises, as well as economic arguments for further opening up the borders, his platform is one I can definitely get behind. I’m biased, and I believe there’s a moral case for the US to open up, but the strongest arguments Noah makes are all in the economic interest of the country, not just the immigrants. This conversation is a good summary of his views.
And on that note… “Politics has become like a game of football in which the only thing that matters is that our side wins and nobody cares about the quality or even basic honesty of the game. Most of us have forgotten that we are citizens as well as partisans.” Dillow is talking specifically about Brexit, and the relationships between capitalism and democracy, and the fact that news and information markets don’t lead to the most informed citizenry.
…and on that note, here’s Krugman showing how the administration, and a good chunk of the population, don’t see Puerto Ricans as Americans.
Is it good for your country that everyone else speaks your language, and that the majority of the population can virtually ignore what’s going on outside its borders? I’ve always argued that it is not. Branko agrees with me. The average American is isolated in their culture. Relatedly, if they can’t find things on maps, they’re less likely to want to use diplomacy as a solution. That’s bad.