Month: November 2013

China economic reforms

Most notably, there is finally talk about reforming China’s dominant state-owned enterprises, or SOEs. These behemoths suck up the nation’s resources and crowd out the private sector, though they are bloated, inefficient and hamper the development of the economy.

i haven’t seen much discussion on this. also:

The Chinese government will ease its one-child family restrictions and abolish “re-education through labor” camps

Textbook fight

Bible belt influence on textbooks wanes. “last stand” for creationists in education might be putting it a bit too strongly (they are, after all, evolving their antics in response to what resonates with their idiot audience), but it is great news that the texas state board can no longer mandate textbooks. if we are lucky, the us will get pupils that are less of an embarrassment in the science rankings, and the bible belt will get employable citizens.

Avoid tweaking UBI

good followup. unless we resist the temptation to “tweak” things, we’ll end up in the same complicated mess we have today:

Whether on grounds of justice, practicality, or just public choice considerations, we should not expect everyone to be paid the same under a guaranteed annual income. And with enough tweaks, this version of the guaranteed income suddenly starts resembling…the welfare state, albeit the welfare state plus.

Polywater

spoiler: out of sweat actually. the story of Polywater (1969) mirrors the story of cold fusion (1989), or of FTL neutrinos (2011). these are pathological science, tiny sample sizes and a potentially revolutionary (and career-making) findings leading scientists astray.

In the 1960s, scientists discovered a new form of water. How did they get it so wrong?

UBI math

Conservatives think such a program could significantly reduce the size of our federal bureaucracy. The left is more concerned with basic income as an anti-poverty and pro-mobility tool.

it would be pretty amazing if you could just do a big TARP like program and go straight to this. afterwards you can restructure the economy to deal with the move to a mostly automated society, ala Erik Brynjolfsson.