Friday, 17 May 2024
Contra Haidt on the Teens
Friday, 19 April 2024
The Cosmic Principle of Dramatic Irony
Notes on Prediction
Engel
This means that the pause was already over by the time Engles observed it. Looking at some papers looks like you could extend the pause up to the mid-1850s, depending on the data you use. The difference could be that one set of data is for London and the other for all of Britain? I don't care enough about getting the years right to look into it closely. Some scholars like Gregory Clark apparently think Engels was Delulu, and everything was fine and dandy and real wages were rising, but Allen thinks Clark is the Delulu polemicist and I chose Allen as My Lord and Savior because he seems like less of a culture warrior.
Pinker
Fukuyama
"Most of these analyses lack any larger conceptual framework for distinguishing between what is essential and what is contingent or accidental in world history, and are predictably superficial. If Mr. Gorbachev were ousted from the Kremlin or a new Ayatollah proclaimed the millennium from a desolate Middle Eastern capital, these same commentators would scramble to announce the rebirth of a new era of conflict."
Thiel
Sunday, 16 April 2023
How much would it cost to get replacement birth rate?
https://sci-hub.hkvisa.net/10.2307/1972123
In a 1987 paper, it was estimated that raising the birth rate from 1.9 to 2.1 would cost $380 billion in social expenditure. That's about a trillion in 2023 dollars. But the birth rate is now 1.7, so assuming linearity, doubling the cost seems likely. 2 trillion dollars, which would be 2/7 of US govt expenditure. The population is 40% bigger so 2.8 trillion. This is about $28,000 per extra baby. It's likely an underestimate because americans are richer now.
Wednesday, 8 March 2023
Asian American suicide
Note: This is messy but I left it as is, sorry. You can ask me about it if you know who I'm and I will explain.
TLDR; While it's true that in terms of ordering, suicide is the number one killer for young Asian Americans, their suicide rates are lower than average, and they have the lowest all-cause mortality of all ethnic groups.
I saw a greentext on Reddit about how suicide is the number one killer for young Asian American males.
I wanted to check, it's validity and I found this post by a Ph.D. student.
I found this doc with the data and went to see if true.
It's true that 15-24 Asian Americans have suicide as their leading cause of death.
all-cause, all races (51.5, 95.6)* suicide (11.8, 17)
all-cause, suicide 20-24 hispanic (76.1, 11.5)
all-cause, suicide 20-24 white (95.1, 20)
all-cause, suicide 20-24 black (140.8, 13.4)
all-cause, suicide 20-24 native (163.3, 42)
all-cause Asian (26.5, 44.2), suicide (8.6, 14.6).
asians have the lowest all cause at 20-24, and
*brackets are for age groups (15-19, 20-24)
The number is even lower for 25-29 Asians, but similar in all races
All-cause Asian (26.5, 44.2), suicide (8.6, 14.6)
A brief look at the Easterlin Paradox
I've been reading the original Easterlin paper * because it looked cool. I have a few thoughts. I haven't looked at the literature, but I'm confident that someone else pointed this out in the 50 years since the paper was published.
The paradox is basically that while the rich are happier than the poor, people don't get happier as they get richer.
Now when you look at Eaterlin data, it sure looks like there is a paradox.
This is the table for the interpersonal comparisons, as you can see, the poorest report a happiness rating of 1.8/4 with 16% saying they're very happy, while the richest report a happiness rating of 2.8/4, and 44% saying they're very happy.
Now let's look at the intrapersonal data.
As you can see, as incomes rise, reported happiness remains flat. I have some thoughts on explanations, but we can talk about those later. What I'm more interested in, is the damn graphs.
Let's look again at the relationship between happiness and income. People's happiness generally increased by 0.2 points for every $10,000. I'm assuming that the "less than 10,000" group is 0 to 10,000, and I would expect people with incomes of $0 a year to be very different from those who make $5,000. I expect way much more heterogeneity from this group than the others. The life cycle data starts from 10,000 anyway, so we can safely ignore it. I'm also ignoring incomes higher than $50,000. Why? Because they go up to 75,000 which is a $25,000 increase. And the $75,000 goes up to infinity??? Is this where the meme that happiness peaks at $75,000 comes from?
So we're stuck with the 10,000 to 50,000 groups. We have a 0.2 increase from 10-20k to 20-30k. The same increase for the 20-30k group and the 30-40k group, and a 0.1 decrease from going up to the 40-50k income group from 30-40k. This gives us a mean increase of 0.1 increase per $10,000. The longitudinal data shows that the sample started from an income of about $12,000 in their 20s, and ended up with maybe $22,000, I'm eyeballing it so a bit unsure.
This gives us an increase of $10,000 maybe $15,000 from ages 22 to 55. We would expect a 0.1, maybe 0.15 increase in happiness, so for example the happiness line would go from 2.3 or to 2.4 or something. This doesn't show in the data. But the y-axis is way too big to see it. It starts from 0 and goes up to 4, but in our rich-poor data, it starts from 1.8 and goes up to 2.8. And when I exclude the less than $10,000 and the more than $50,000 populations. We would have a happiness line that goes from 2.1 to 2.4, a measly 0.3 increase. It's not too surprising when your ginormous y-axis doesn't show that.
I'm not saying that by zooming in we would find the hidden solution to the paradox, but the paradox itself is, from looking at this dataset, exaggerated. And the fact that the 40-50,000 group is 0.1 points less happy than those 10,000 poorer, is evidence for the "there is nothing going on, bad nongranular dataset produces funny results sometimes" hypothesis. Although I would love to download the dataset and tweak it in R to see what's going on, I don't know how to use R.
*This isn't actually the original, which was published in 1974, this is another one that was published in 2001, which includes his hypotheses for the paradox.
Tuesday, 22 November 2022
Wealth, compound interest, and race
In my opinion, the best argument for what is called "systemic racism" is the compound interest argument and it goes as follows. Due to a long history of racist policy, even if the policies have ended, disparities would persist because wealth is intergenerational, and past investments grew greatly in size. And banning blacks from owning certain properties, or getting certain jobs, means they have less to give their children, compared to whites. This strikes me as plausible.
I tried estimating the size of intergenerational wealth transfer and then compared it to the size of the black/white wealth gap. There are other effects of racism unaccounted by this, like black-owned property being less worthwhile due to antiblack sentiment. But I don't think this is relevant.
About 20% of people inherited wealth. The amount is usually 10k-50k, although some of it is much higher sometimes. I will assume that the average is $50,000 and that all those who inherited are white. I will also assume that the whole gap is due to racist policies.
To rectify this, you want to transfer about $50,000 to 20% of the black population or $10,000 to 100% of them. (10k is 20% of 50k). You can even play around with it and create a 1% of millionaires or something.
Regardless, this works up to be about 400 billion. There are 40 million US blacks, so this is $10,000 per person.
Unfortunately, the black/white wealth gap is a staggering $164,000. ($188,000 for whites and $24,000 for blacks). This wouldn't change it greatly.
In the Atlantic article, Coates says that we should take the entire difference in wealth and assume it's all due to racism, this is ridiculous and innumerate. I will ignore it.
Regardless, the small transfer might still be still worth it. Because calculating an amount and giving it to the aggrieved would greatly weaken many attempts to use past wrongdoings (e.g. Slavery) to justify much more destructive policies to rectify the issue. But it depends on convincing blacks that this is just and proper, which might prove difficult.
https://www.theatlantic.com/magazine/archive/2014/06/the-case-for-reparations/361631/
https://www.vox.com/the-highlight/22320272/inheritance-money-wealth-transfer-estate-tax
https://slatestarcodex.com/2014/05/26/compound-interest-is-the-least-powerful-force-in-the-universe/
https://www.vox.com/2014/5/23/5743056/you-can-be-a-beneficiary-of-racism-even-if-you-re-not-a-racist
https://www.brookings.edu/blog/up-front/2020/12/08/the-black-white-wealth-gap-left-black-households-more-vulnerable/
https://www.overcomingbias.com/2019/03/consider-reparations.html
Tuesday, 8 March 2022
How to keep sane while living in an insane world?
TL;DR
Introduction
In What Life Experience Taught Me About Religion Bryan Caplan says
...when I was a teen-age atheist. My response, from age 15-19 or so, was to wage a one-man intellectual war on religion. I didn’t just object to religious claims that happened to come my way. I was on search-and-destroy mode, vainly trying to argue every crucifix-wearer onto the path of reason.
Life as a teen-age atheist led me to grossly exaggerate the lifetime burden religion was going to impose on me. At least in the modern U.S., once you leave home and build your own life, religion will probably leave you alone if you leave it alone. In fact, even if you want to crusade against religion, you’re going to have to make an effort to find people who don’t just run away to talk amongst themselves.

