Appropriately structured behavioral rules will not necessarily arise [from selection]. Rather, they will evolve to the extent that selection processes quickly eliminate poorly administered behavior. This will more likely occur when agents are involved in highly competitive interactions that themselves indirectly result from scarcity. However, if weak selection processes are present, relatively vulnerable or dysfunctional behavior may evolve.#
The liberal movement in Vienna had started around the celebration of German cultural heroes such as Goethe or Schiller. Communities can never be sustained without a shared identity and shared symbols.#
As Hayek stresses time and time again, his concept of freedom defends the individual from the arbitrary will of others, but it does not defends him from the impersonal forces of the market, social norms, a governing morality, or the acceptance of not fully understood and hence incompletely justified norms.#
Civilization is always concerned with practices, how things are done: with greater or less foresight, with more or less specialization, with manners or without, with more or less technical sophistication.#
It has been the precise weakness of the institutions that we think primarily of as economic, that is, associated with exchange. . . . that they easily lose their legitimacy if they are not supported by other elements and institutions in the society which can sustain them as integral parts of a larger community.#Quoted in Erwin Dekker, The Viennese Students of Civilization (2016)
To think that a disposition to criticize might on its own be enough to hold a community together is itself utopian, and it could be as destructively utopian as some of the other utopias Popper correctly criticizes.#Quoted in Erwin Dekker, The Viennese Students of Civilization (2016)
[Freud’s] basic aim of undoing the culturally acquired repressions and freeing the natural drives, has opened the most fatal attack on the basis of all civilization.#Quoted in Erwin Dekker, The Viennese Students of Civilization (2016)
The commonality of [a] norm, at least over a large number of persons, is a necessary feature of any operationally useful theory of choice or action that moves beyond the strict individualistic models#
Taking on a general rule of behavior as an objective rather than a constraint or an instrument toward some other end is likely to be costly for two reasons. First, a considerable fraction of the total available time of the members of most societies is spent teaching the young the proper way to behave, rather than providing for the nutritional and other needs of its members. But in addition to the cost of acquiring such a norm, there is a further cost: the rule will not be ideally suited to all situations, and its internalization deprives the individual of flexibility in dealing with such situations on a case-by-case basis.#
Once an internalization allele has evolved to fixation, there is nothing to prevent group-harmful phenotypic norms from also emerging, provided they are not excessively costly to the individual, given the strength of the payoff-based updating process.#
In traditional society, organizations were comparatively simple and people were relatively isolated from each other. As a result, traditional evils primarily manifested in individuals’ bad behaviors, which could be remedied through individuals’ self-reflection or religious practice. In contrast, modern society is highly organized and specialized, and evils manifest themselves primarily in highly organized or collective forms that cannot be readily cured by ordinary religious beliefs. Such modern evils can only be dealt with through institutional solutions, since only institutions have sufficient power to cope with organized evils.#
Democratic government has worked successfully where, and so long as, the functions of government were, by a widely accepted creed, restricted to fields where agreement among a majority could be achieved by free discussion; and it is the great merit of the liberal creed that it reduced the range of subjects on which agreement was necessary to one on which it was likely to exist in a society of free men. It is now often said that democracy will not tolerate “capitalism”. If “capitalism” means here a competitive system based on free disposal over private property, it is far more important to realize that only within this system is democracy possible. When it becomes dominated by a collectivist creed, democracy will inevitably destroy itself.#
A widespread adoption of Judeo-Christian morality may be a necessary condition to the operation of any genuinely free society of individuals.#
Christian idealism, to be effective in leading to a more harmonious social order, must be tempered by an acceptance of the moral imperative of individualism, the rule of equal freedom. . . . “Love the neighbor, but also let him alone when he desires to be let alone” may, in one sense, be said to be the overriding ethical principle for Western liberal society.#
Guilt and shame are kinds of self-punishments that serve, first, to make it less likely that I will engage in the same transgression in the future, and second, to display to others that I indeed hew to the norm, even if I did not live up to it in this case. . . . Guilt and shame are thus biologically based emotional reactions, which presuppose the kinds of normative (or at least punitive) social environments that humans have constructed for themselves. They are thus particularly good exemplars of the co-evolutionary process between human biology and culture.#
Enforcing norms is an act of altruism, as the whole group benefits from my attempts to make the transgressor shape up.#
Maintaining limits on the state requires that citizens oppose a violation even if they potentially benefit from it. . . . [C]itizens in stable democracies not only must value democracy but also must be willing to take costly action to defend democratic institutions against potential violations.#
Like all moral principles, [freedom] demands that it be accepted as a value in itself, as a principle that must be respected without our asking whether the consequences in the particular instance will be beneficial. We shall not achieve the results we want if we do not accept it as a creed or presumption so strong that no considerations of expediency can be allowed to limit it.#
We have thus no choice but to submit to rules whose rationale we often do not know, and to do so whether or not we can see that anything important depends on their being observed in the particular instance. The rules of morals are instrumental in the sense that they assist mainly in the achievement of other human values; however, since we only rarely can know what depends on their being followed in the particular instance, to observe them must be regarded as a value in itself, a sort of intermediate end which we must pursue without questioning its justification in the particular case.#
The paucity of billboards in the Moscow of 1990 was not primarily attributable to regulatory prohibition. This result emerged directly from the fact that no seller-supplier of any good or service felt any economic pressure to respond to customer interests or to expand the demands for products.#
How can we square the consumerist ethic with the capitalist ethic of the business person, according to which profits should not be wasted, and should instead be reinvested in production? It’s simple. As in previous eras, there is today a division of labour between the elite and the masses. In medieval Europe, aristocrats spent their money carelessly on extravagant luxuries, whereas peasants lived frugally, minding every penny. Today, the tables have turned. The rich take great care managing their assets and investments, while the less well heeled go into debt buying cars and televisions they don’t really need.#
[A norm of] citizen cooperation decreases the cost of supplying public goods through government, but it also decreases the cost of supplying abuse through government. #
If the basic purpose of moral norms is to coordinate on the conditions under which one should cooperate in social dilemmas, this paper shows that the boundaries of such conditions must be fractal. In other words, as one focuses on the border of the area in signal space where the . . .
In a footnote in The Limits Of Liberty, Buchanan argues that legitimate law exists to internalize externalities: to minimize harmful external effects, and promote beneficial external effects (i.e. provide public goods).
In technical terms, ‘‘law’’ which involves the elimination of general external diseconomies or the creation of general external economies is . . .
The modern mind is very different from the premodern mind, in so many interlocking ways that it’s very difficult to get a grasp on what the difference even consists in, fundamentally, let alone how it came about. Here, I contrast two accounts of a narrower problem, the relationship between the . . .
The most plausible argument for mass immigration would be something like factor efficiency plus Tiebout competition. Labor mobility improves people’s lives in the short run by letting labor move to where it’s most productive, a straightforward implication of welfare economics. It also improves lives in the long run by letting . . .
A common complaint in our era of global populism is that certain politicians are making a mockery of our institutions. Don’t they realize politics is more than just a game? They should take politics seriously and stop playing.
Any observer of politics can sympathize with this complaint. But what
if it . . .
To accuse someone of virtue signaling usually means something like, “you don’t actually believe this, you’re just posturing”. There are real and troubling aspects of moral posturing, but “virtue signaling” is a misnomer. Instead, by exploring how the process of internalizing genuine virtue can go wrong, I’d like to suggest . . .
A few years back there was a debate about “thick” versus “thin” libertarianism. The question was, should libertarians be concerned only with coercive restrictions on freedom, particularly from the state, or with softer, subtler, and more organic forms of social pressure as well? At this point the “thin” position was . . .
In 1930 John Maynard Keynes published Economic Possibilities for our Grandchildren. With this pamphlet, the hope of a post-scarcity society, where people no longer have to work for a living, moved from a utopian pipe dream to something with some amount of mainstream clout. More recently, advances in automation have . . .
Right-wingers often claim that Leftists, especially the campus left, decide political questions based mainly on feelings, as opposed to their own supposedly hard-nosed evaluation of the facts. The charge isn’t entirely unfair, but it’s not quite accurate either.
Facts and Feelings
First, the charge imagines some sort of two-mode decision module in . . .
A second pass at the themes in The Meta Level Doesn’t Justify Itself. I’ll roll the two together at some point in the indefinite future.
Imagine you need money, and somehow you find yourself sitting across from Warren Buffet pitching a new business venture.
From a purely self-interested perspective, your best scenario . . .
Hayek’s 1960 book The Constitution of Liberty was criticized when it came out for being unsystematic in its normative commitments. Its structure is more of a series of considerations on a theme – certainly less tidy than a deduction from Rothbardian non-aggression or Randian egoism. And on the question of . . .
Social cooperation is the major thing to be explained in both sociobiology and economics. From the perspective of the former, most species never achieve it at all. From the perspective of the latter, most societies never get very far along compared to the advanced Western societies of the modern world.
One . . .
Lots of ink has been spilled in political philosophy over whether liberty is valuable as an end in itself, or as a means to some other end. I’d like to suggest that most discussions of political liberty can and should be understood in terms of legitimacy, and without invoking moral . . .
There are two basic moral frameworks people can adopt when thinking about how to treat others: localist and globalist. The basic difference is the size of the moral community.
Localism is the default human morality. Human sociality is adapted for life in a close-knit moral community. There's an in-group whom we . . .
Imagine if the field we call microeconomics were actually devoted to giving business advice to Microsoft. Dozens of journals are devoted to telling Microsoft the best way to make a profit. There would be papers at conferences about the optimal price of an Xbox; papers about a market niche that . . .
The danger of revolution is that a power vacuum is usually worse than the existing government, no matter how bad it actually was. When everything’s up for grabs, history shows that the frenzy of rent-seeking almost always turns out worse for everyone – most spectacularly with the French Revolution, and . . .
It is a commonplace in New Institutional economics that norms matter for economic performance. There remains, however, no deep integration of norms into the rational choice framework beyond merely shunting them into the black box of “preferences”. This paper first establishes the importance for social cooperation of specific and directive . . .