Mass Flourishing: A Lecture by Edmund Phelps

This is part of the DR Book Collection.

In debates over capitalism and everything else, it is easy to forget that economies do far more than merely provide goods, services, and wages. Innovation doesn’t just apply to the iPhone, but to art, literature, jobs, etc. According to Harvard’s Edward Glaesar, this is one major takeaway from Nobel economist Edmund Phelp’s Princeton-published book Mass Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change:

The book eloquently discusses the culture of innovation, which can refer to both an entrepreneurial mind-set and the cultural achievements during an age of change. He sees modern capitalism as profoundly humanist, imbued with “a spirit that views the prospect of unanticipated consequences that may come with voyaging into the unknown as a valued part of experience and not a drawback.” The dismal science becomes a little brighter when Mr. Phelps draws the connections between the economic ferment of the industrial age and the art of Beethoven, Verdi and Rodin.

The book also provides an epic takedown of the enemies of economic dynamism: socialism and corporatism. Even though this is well-traveled ground, it is nice to have a Nobel laureate addressing these ideologies head-on in an academic publication given their growing popularity among young people. For those who may wonder about the connection between “the good life” (flourishing) and economics, this book is for you.

You can see Edmund Phelps present at the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA) below:

Anti-Trade Ancient Greeks

Can the ancient Greeks teach our present-day, anti-trade politicians anything? According to Cornell historian Barry Strauss, they sure can. In a recent article in The Wall Street Journal, Strauss explains that, at first, “Athens’s free-trade zone fostered prosperity, democracy and the soaring confidence that built the Parthenon and fired the Golden Age of Greece. Athens also had a magnetic appeal to immigrants. They came from far and wide and represented rich and poor. Immigrants competed with natives for jobs but not for political power since they were rarely allowed to become citizens.” But the backlash produced three disheartening developments:

  • Nativism: “Athens’s old landed elite disliked democracy and despised the immigrants. So, when extreme conservatives seized power in a coup d’état after Athens lost the Peloponnesian War (431-404 B.C.), they evicted immigrants from the city limits and targeted the wealthiest for murder and property confiscation.”
  • Demagoguery: “In Athens, for the first time in history, demagogues emerged. They were popular leaders of unrestrained vulgarity and crassness. They shouted, used abusive language, and instead of keeping their hands modestly tucked inside their cloaks, they raised their garments and introduced hand gestures into oratory. Although wealthy and well educated, they spoke in populist accents and criticized the establishment.”
  • Endless conflict: “Athenian foreign policy should have built an international order that shared prosperity and encouraged allies to stay loyal. Instead, it chose Athens First.”

In short, “Athens had given people an impossible choice: prosperity or freedom. In the end, all they got was the more than quarter-century-long Peloponnesian War, the ancient Greek equivalent of our world wars. The long struggle weakened all of Greece but especially Athens, which by 404 B.C. lost its alliances, its ships and its prosperity.”

Political leaders take note.

Stop Multitasking, Start Monotasking

See if you can get through this very short blog post without getting distracted. Devote all your energy and attention to it. Why? Because, as The New York Times reports,

multitasking, that bulwark of anemic résumés everywhere, has come under fire in recent years. A 2014 study in the Journal of Experimental Psychology found that interruptions as brief as two to three seconds — which is to say, less than the amount of time it would take you to toggle from this article to your email and back again — were enough to double the number of errors participants made in an assigned task.

Earlier research out of Stanford revealed that self-identified “high media multitaskers” are actually more easily distracted than those who limit their time toggling.

So, in layman’s terms, by doing more you’re getting less done.

This is because “humans have finite neural resources that are depleted every time we switch between tasks, which, especially for those who work online, [Manoush] Zomorodi said, can happen upward of 400 times a day, according to a 2016 University of California, Irvine study. “That’s why you feel tired at the end of the day,” she said. “You’ve used them all up.” The term “brain dead” suddenly takes on a whole new meaning.”

Monotasking is making a much-needed comeback. Give it a try by reading the entire NYT piece here.

Innovative Coworking Spaces: An Old Idea

Over at Harvard Business Review, there is a post reminding us that the supposedly new idea of collaborative spaces is in fact quite old:

Much has been made of these shared workspaces as a brand-new idea, one that barely existed 10 years ago. But the way they function reminds me of a very old idea: the Renaissance “bottega” (workshop) of 15th-century Florence, in which master artists were committed to teaching new artists, talents were nurtured, new techniques were at work, and new artistic forms came to light with artists competing among themselves but also working together.

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The Renaissance put knowledge at the heart of value creation, which took place in the workshops of these artisans, craftsmen, and artists. There they met and worked with painters, sculptors, and other artists; architects, mathematicians, engineers, anatomists, and other scientists; and rich merchants who were patrons. All of them gave form and life to Renaissance communities, generating aesthetic and expressive as well as social and economic values. The result was entrepreneurship that conceived revolutionary ways of working, of designing and delivering products and services, and even of seeing the world.

These Renaissance bottegas had three major elements going for them:

  • Turning ideas into actions.
  • Fostering dialogue.
  • Faciliating the convergence of art and science.

Modern-day work spaces could learn a lot from their 15th-century forebearers.

Bourgeois Equality and Economic Betterment

Two centuries ago, the average world income per human (in present-day prices) was about $3 a day. It had been so since we lived in caves. Now it is $33 a day—which is Brazil’s current level and the level of the U.S. in 1940. Over the past 200 years, the average real income per person—including even such present-day tragedies as Chad and North Korea—has grown by a factor of 10. It is stunning. In countries that adopted trade and economic betterment wholeheartedly, like Japan, Sweden and the U.S., it is more like a factor of 30—even more stunning.

And these figures don’t take into account the radical improvement since 1800 in commonly available goods and services. Today’s concerns over the stagnation of real wages in the U.S. and other developed economies are overblown if put in historical perspective. As the economists Donald Boudreaux and Mark Perry have argued in these pages, the official figures don’t take account of the real benefits of our astonishing material progress.

…Nothing like the Great Enrichment of the past two centuries had ever happened before. Doublings of income—mere 100% betterments in the human condition—had happened often, during the glory of Greece and the grandeur of Rome, in Song China and Mughal India. But people soon fell back to the miserable routine of Afghanistan’s income nowadays, $3 or worse. A revolutionary betterment of 10,000%, taking into account everything from canned goods to antidepressants, was out of the question. Until it happened.

So argues economic historian Deirdre McCloskey in the past Saturday Essay of The Wall Street Journal. How did this Great Enrichment happen?:

The answer, in a word, is “liberty.” Liberated people, it turns out, are ingenious. Slaves, serfs, subordinated women, people frozen in a hierarchy of lords or bureaucrats are not. By certain accidents of European politics, having nothing to do with deep European virtue, more and more Europeans were liberated. From Luther’s reformation through the Dutch revolt against Spain after 1568 and England’s turmoil in the Civil War of the 1640s, down to the American and French revolutions, Europeans came to believe that common people should be liberated to have a go. You might call it: life, liberty and the pursuit of happiness.

Check out the rest of McCloskey’s piece and be sure to pick up the last in her trilogy on the Bourgeois Era: Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World.

 

Religion of a Different Color: A Lecture by W. Paul Reeve

This is part of the DR Book Collection.

As I’ve shared before, a few years ago my manager came up to me and asked, “Walker, you’re Mormon, right?” Living in Texas, this always sets off an alarm inside my head. I had never told him I was Mormon, so he had obviously heard it elsewhere. “Yes…,” I replied. Then, the sledgehammer: “Do Mormons have a problem with black people?” It’s important to note that my manager is African-American. He explained that we had gotten along so well and that he was surprised to hear some of the things said about Mormons and blacks and to learn that I was a Mormon. He couldn’t square the supposed racist ideology of Mormonism with his personal interactions with me. This led to a 15-20 minute discussion about the history of the priesthood ban. I ended with my personal view: “The priesthood ban was a mistake, the result of racist folklore, which was allowed to continue for an excruciatingly long time. Thankfully, that policy no longer exists today.” My manager enjoyed the conversation and seemed to understand the complexities surrounding the issue.

The history of Mormonism and race is both sad and fascinating. W. Paul Reeve’s Religion of a Different Color: Race and the Mormon Struggle for Whiteness is the book for understanding the history of the priesthood ban. Yet, it is much more than that. It is also an illuminating tale of race relations and the very concept of race in 19th-century America. Despite being predominantly white Yankees or Northern Europeans, Mormons were seen as racially degenerate. Not only did they supposedly associate with blacks and reds (Native Americans), but they also practiced the degrading, foreign barbarism of polygamy. The Mormon response to reclaim this seemingly withheld status of “whiteness” was to eventually distance themselves from non-whites, finally leading to the barring of blacks from both the priesthood and the temple.

An important and needed book in Mormon history. You can see a presentation by Reeve at Benchmark Books below:

The Feeling of Awe

“Awe, ” writes psychologist Dacher Keltner,

is the feeling of being in the presence of something vast that transcends your understanding of the world. Early in human history, awe was reserved for feelings toward divine beings, like the spirits that Greek families believed were guarding over their fates.

In 1757, a revolution in our understanding of awe began thanks to Irish philosopher Edmund Burke. In A Philosophical Enquiry into the Origin of Our Ideas of the Sublime and Beautiful, Burke detailed how we feel the sublime (awe) not just during religious ritual or in communion with God, but in everyday perceptual experiences: hearing thunder, being moved by music, seeing repetitive patterns of light and dark. Awe was to be found in daily life.

Studies indicate that the experience of awe inspires cooperation and “embeds the individual self in a social identity.” It provokes kindness and a diminished sense of entitlement and self-importance. But why did we develop a sense of awe? Keltner answers,

In the course of our evolution, we became a most social species. We defended ourselves, hunted, reproduced, raised vulnerable offspring, slept, fought, and played in social collectives. This shift to more collective living required a new balancing act between the gratification of self-interest and an orientation toward supporting the welfare of others. Experiencing awe might have helped us make this shift. Brief experiences of awe redefine the self in terms of the collective and orient our actions toward the interests of others.

A second answer to the question of “Why awe?” is of the proximal kind: What does awe do for you in the present moment? And here, the science is proving to be clear: Momentary experiences of awe stimulate wonder and curiosity.

Yet, as psychologist Michelle Lani Shiota notes,

Most positive emotions are arousing, engaging the “fight-flight” sympathetic nervous system to help us actively pursue our goals. Awe has the opposite effect, reducing sympathetic influence on the heart and keeping us still—which suggests that awe’s function does not center on moving toward the material objects or people we desire.

So far, the clues suggest that awe’s function may lie in how it makes us think. Awe involves a sense of uncertainty that we are compelled to try to resolve. Studies from my lab, conducted in collaboration with Vladas Griskevicius and Samantha Neufeld, suggest that we deal with that uncertainty through careful, detail-oriented processing of information from the environment.

…We still have a great deal to learn about awe, and only a few clues, but these and other studies support a tentative theory of its function. More than any other species on Earth, humans are profoundly dependent on knowledge. We have a unique ability to store vast amounts of information, in the form of elaborate conceptual networks that allow us to map our environment, remember the past, and predict the outcomes of future actions, all within the scope of human imagination. The emotion we call awe—our capacity for deep pleasure in facing the incredible and trying to take it all in—may reflect a basic need to understand the world in which we live. Of course, this theory generates lots of new questions, as any good theory should.

So, want one way to increase your well-being? Try to increase your daily dose of awe.

Modesty is more than just clothes

do-what-i-wantWhile reading through a Facebook argument on modesty (my time could have been better spent, I know), I realized that for those who hate modesty, their arguments are equivalent to those who hate political correctness (that’s not the right phrase, anymore, right? I can’t keep up.) The argument is pretty much summed up by “What I do isn’t about you and doesn’t affect you, and if it does affect you, fix yourself, not me.” It’s a very come-together, selfless, flower-and-rainbows kind of argument, amirite?

Often I see the same people who argue against modesty also argue for an end to offensive speech, and vice versa. But really both groups of people have picked their preferred form of modesty, will accept no less, and think your form of modesty is oppressive, wrong, and maybe even evil.

The truth is modesty covers both dress and speech because it covers appearance and behavior. And, like it or not, modesty is intertwined with respect. Because what we do and say affects who we are and also affects the way people perceive us. (Clearly our dress is only a small part of what we do.) We aren’t just inanimate blobs floating around that no one can see or hear (and therefore never be offended by us). To say our speech or our dress doesn’t matter because “I’ll do what I want” is not going to engender a polite society.

This is not to say you should be assaulted for what you wear! (I know this is a particular pet peeve of the anti-modesty crowd.) And, similarly, you should not be assaulted for what you say. [ref]I’m pretty sure assault does not fall under the umbrella of modesty.[/ref] But respect goes both ways, and certain places and people require an amount of appropriateness in both dress and speech. [ref]I love my friends “do not use your underwear as an accessory” version of modesty. I haven’t come across a good, simple saying for speech yet.[/ref] I think you should be modest for nice people not for the scum of society.

I also don’t think we should spend much time policing one another (this is my hope that the internet shuts up, I know, very likely). There are always lines to be drawn. But if you really cling to wear whatever you want/say whatever you want or cover every inch/zip your lip, you’re probably being too inflexible and should chill a bit. puritan Nicely dressed meteorologists don’t need to put a sweater on, but we don’t need to see celebrities naked (or even nearly-naked) selfies (sorry, no link). College graduates don’t need protection from Secretaries of States from politically different administrations, but women should not be harassed online for doing their jobs.

Overall, if you spend any time on the internet, you should realize that many aspects of our society could benefit from a little modesty. But that doesn’t mean we all need to become Puritans.

 

Family Factors and Crime

“Figuring out what causes crime could be the key to reducing it,” says a recent post over at the Institute for Family Studies blog. However, the question of crime causality

has still proven tricky to answer. Some blame culture; others blame poverty or inequality; still others blame a lack of good government. A new study looks at the question through a different lens: Maybe crime is one manifestation of a “fast life-history strategy”—a bundle of traits, unified by a wide-ranging evolutionary theory, that also includes adolescent fertility and low paternal investment. The results suggest that, indeed, nations with young mothers and absent fathers also tend to have high crime, even after other potential causes have been accounted for.

While there are nuances and caveats to be made, it is interesting that “the strongest correlation is between crime and paternal presence, which I was able to chart because the authors kindly provided me their dataset”:

 

The study’s findings are, of course, far more complicated, but the paper nonetheless “buttresses the argument for stable marriages and delayed childbearing, and it suggests that policymakers should familiarize themselves with the details of life-history strategies so that they might think about how to change them.”

Check out the full post.

The Long-Term Effects of Disruptive Peers

Class disruptions are known to worsen educational achievement in the short run, but new research demonstrates that being exposed to disruptive peers can even lead to worse adult outcomes:

Results indicate that there are persistent effects on both test scores and educational attainment. We estimate that exposure to one disruptive peer in a class of 25 throughout elementary school is associated with a 0.02 standard deviation reduction in test scores during high school, and nearly a one percentage point reduction in the likelihood of receiving a college degree. This suggests that the impact of disruptive peers does persist with respect to educational outcomes years afterward.

…Figure 1 shows that while individuals who have idiosyncratically low exposure to disruptive peers (those on the left-hand side) tend to earn more than predicted, those with idiosyncratically high exposure tend to earn somewhat less than predicted. Specifically, we estimate that exposure to one disruptive peer in a class of 25 throughout elementary school reduces earnings by 3–4%, with effects being driven by exposure to disruptive boys.

The researchers conclude,

Our findings…speak to the extent to which differential exposure to disruptive students can lead to income inequality later in life. We calculate that the increased exposure to disruptive peers by students from low-income families can explain 5–6% of the earnings gap between adults who grew up in low versus high-income households. This is significant given that we have only one particular measure of disruptive peers in our sample, and it highlights the extent to which sorting into schools can lead to the persistence of long-term income inequality across households.

While the researchers look specifically at children in families exposed to domestic violence, their findings have broader implications about family breakdown, behavioral problems, and income inequality. As Princeton sociologist Sara McLanahan and Harvard’s Christopher Jencks explain, family breakdown can lead to more behavioral problems in children:

[A] father’s absence increases antisocial behavior, such as aggression, rule breaking, delinquency, and illegal drug use. These antisocial behaviors affect high school completion independent of a child’s verbal and math scores. Thus it appears that a father’s absence lowers children’s educational attainment not by altering their scores on cognitive tests but by disrupting their social and emotional adjustment and reducing their ability or willingness to exercise self-control. The effects of growing up without both parents on aggression, rule breaking, and delinquency are also larger for boys than for girls. Since these traits predict both college attendance and graduation, the spread of single-parent families over the past few decades may have contributed to the growing gender gap in college attendance and graduation. The gender gap in college completion is much more pronounced among children raised by single mothers than among children raised in two-parent families.

This new research suggests that the retreat from marriage has a spill-over effect: the behavioral problems of children from broken families not only negatively affect their own educational and financial outcomes, but the outcomes of their peers. When we consider that marriage tends to decrease the chances of children being exposed to both domestic violence (the study’s selection of choice as mentioned above) and violent crimes within neighborhoods, the importance of healthy, stable marriages becomes all the more clear.

Intact families are necessary for the flourishing of children and the adults they will eventually become.