Showing posts sorted by relevance for query habermas. Sort by date Show all posts
Showing posts sorted by relevance for query habermas. Sort by date Show all posts

Monday, June 14, 2010

"Europe is the..."

By way of verifying the fact that I do indeed remain a co-author on this economists' love-fest of a blog, I thought I'd mention a few interesting links...

  • Shrine of the Holy Whapping, one of many great traditionalist Catholic blogs these days, offers a funny anecdote about Hilaire Belloc, the "back half" of Chesterbelloc.  I find Belloc one of those wonderful minds who is both somewhat troubling and a joy to take in... I recently finished listening through his Europe and the Faith (mention of which offers the tenuous euro-themed connection to other items on this post, as well as the title of it).

Friday, December 31, 2010

There's something about Krugman... part 2


The man is like catnip to some people, and I just don't know why.

Don Boudreaux ties Krugman to Paul Ehrlich and other environmental doomsdayers. I set him straight in the comments.

Bob Murphy thinks that if you think that workers will and should move from low marginal productivity areas to high marginal productivity areas you are (1.) an Austrian, and (2.) somehow in violation of Keynesianism. I set him straight in the comments.

Alen Mattich of the WSJ published a list of the best economics blogs that has been making the rounds. He weirdly accuses Krugman of ad hominem attacks. Does Mattich know the meaning of the term? I can't think of any ad hominem attacks that Krugman has made. I imagine there have been some over the years... maybe... but I entirely clueless as to what he means and can't come up with any specific examples. I think Mattich confusing "criticism of a specific person that you name" with "ad hominem attacks". I'm sorry, but if you get bothered by criticism you shouldn't read blogs. Good solid criticism is one of their most important functions. Ad hominem is a different story. Mattich completely fails to mention Brad DeLong's blog which is absurd - but DeLong is one who veers into ad hominem with his "stupidest man alive" act (the quality of the analysis still makes it worth reading, although that is frustrating... still, I've been called worse on other blogs). But Krugman? When has Krugman ever done this?

Not everyone is a hater, though. Apparently Paul Krugman is the "most influential figure on the European left-of-center" beating out Habermas and Zizek (both of whom have been discussed on F&OST here and here, respectively). Go figure - apparently New Jersey is in Europe.

I don't get this. Krugman is just a really great economists all around and I don't see how he inspires all this animosity. He is a creative thinker (see his work on trade theory and economic geography), he is a great exponent of very traditional macroeconomics, and he is a great public educator/public intellectual/public commentator - which a lot of economists can't do. It's not hard to recognize what a great economist the guy is - you don't have to strain for a justification for that claim. You also don't have to be obsessed with him or be a "Krugman lover" to recognize the value of his contributions to the discourse. Why he inspires such animosity is beyond me, even if he can be "shrill" at times, which I'll certainly admit.

Friday, July 16, 2010

Some Defunct Economist - 7/16/2010

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist" - JMK

- I've always been disappointed that there aren't a lot of videos or recordings of Keynes online. I had never come across one before, but recently I did here. It's very short. Keynes begins speaking at 00:31. The rest of the video is some nice music and pictures. I can't tell what it's from, but he's talking about Britain as the center of a new currency system, so I imagine it is early to mid-forties. Pretty neat. If anyone else knows of any videos or recordings of Keynes please let me know!

- And speaking of videos, SlowTV has four lectures on Keynes from 2009 from prominent Keynes scholars that aren't named "Skidelsky" or "Krugman", which is kind of nice. I've only listened to the first one so far by Don Markwell - it's very good. He starts by discussing how hard it is to pin down Keynes - the many variants of "Keynesianism" that there are out there. He relates a story of Keynes coming back from a conference in America and remarking "I was the only non-Keynesian there". This is reminiscent, of course, of Marx's declaration that he was not a Marxist. I think that kind of reaction is part wittiness and part frustration that theories tend to develop a life of their own that may be somewhat different than what you intended. Markwell goes on to talk about Keynes's views on international relations, which is also the subject of Markwell's book.

- Joan Bakewell has a very short paean to Keynes in The Guardian entitled simply "My Hero John Maynard Keynes". What I like about her piece is that she tries to round out what Murray Rothbard once described as "Keynes, The Man". She emphasizes his personality, his interest in the arts, etc., and concludes with Hayek's observation that Keynes was "the only really great man I ever knew".

- In the same vein of more rounded appreciations of "Keynes, The Man", the Austrian blog "Natural Order" favorably reviews two important Keynesian insights: "five minutes is a very long time", and "I wish I had drunk more champagne". It seems to me that anyone who, on his deathbed, can only complain that he did not drink enough champagne has lead quite a good life.

- Getting back to Don Markwell's interest in Keynes and international relations, Russ Roberts is put off by Keynes's essay "National Self-Sufficiency". I confess it's been about two years since I've read the essay, so my memory may be hazy - but I frame how I think it should be understood in the comment section here.

- Finally, two articles that don't exactly mention Keynes but are quite relevant to his project. First, the Washington Post reports that "Companies pile up cash but remain hesitant to add jobs". They might have well gone with the title "There's an awful lot of liquidity preference out there". And in The Nation, German philosopher Jürgen Habermas discusses Germany and the Euro-crisis, and grapples with the very Keynesian question of the inter-relationship of fiscal policy and exchange rates. Which raises an interesting question - what would Keynes have thought of the European monetary union? I honestly don't know. Krugman was skeptical of it, and feels vindicated by Greece, but that's not necessarily the end of the discussion. I honestly don't know enough about open economy macro and the international monetary system to say decisively either way.

Thursday, November 8, 2012

Words of wisdom from Grant McDermott


This is in an exchange on the demographics of Gary Johnson supporters.

Our first instinct, as Western liberals, is to bristle at the notion that this is wisdom. Color-blindness, etc. etc.

But then we remember our Habermas, our Rorty, and our Rawls. We remember that liberal politics is pluralist politics, that we are in dialogue and constructing arrangements among very different sorts of people who see the world in very different ways from each other. Deliberation is our path, not deduction.

In such an environment, I find it very reassuring that people very different from me seem to agree with me on a lot of things. That's not always true, of course. It's never always true. And there ought to be special introspection on the things where the only people who agree with you seem to be a lot like you.

If you look around and all the people nodding their heads when you talk remind you of you, something might be wrong.