Economics, Evolution, and Rand’s Meta-Ethics (Intellectual Capitalism: Fundamentals Part 2)
he most important question in economics is: What is the source of real per capita increases in wealth? In this talk I am going to investigate this question from a bioeconomics point of view. Bioeconomics or thermoeconomics (aka biophysical economics) attempts to tie economics to biology and thermodynamics. In other words its goal is to provide a physical as opposed to a sociological basis for economics.
1. Dobrien is correct about the Easter Island example, and since this has been in the news recently, this may no longer want to be the example you wish to use.
2. Much was made (when I was a child) about the 'man does not evolve because he changes his environment' assertion. To the best of my knowledge, this is incorrect. The small genetic scope of the current human population is entirely due to the bottleneck we went through about 20-40K years ago - humans are currently mutating at the same or higher rate than other species (higher because of population density - whole discussion in itself).
3. Matt Ridley is among those who feel that biological evolution is just a 'case' in the general 'evolution of things' and that a pattern of innovation-and-subsequent-reduction is the rule rather than the exception in the physical world. This is a fascinating idea which other bright people have developed and which is very worth mentioning. 'Natural selection' also takes place amongst inventions/innovations, for example.
4. Other species, such as beavers, also change their environment to increase the available niches for their species. This is not unique to humans; humans are just very good at it.
5. Agriculture and dairy products could both be argued to have 'escaped the Malthusian trap' because they significantly increase the number of humans per unit area - for a time. What really does the trick, though, is to decrease the death rate of children and babies. When this happens, the birth rate spontaneously dives and humans are no longer out-reproducing their environment. (Singapore has a below-replacement birth rate; they are offering tax incentives for couples to have two or more children because their birth rate is so low.) So theoretically our species could have lowered the birth rate at the Secondary Animal Products point and still been at a Neolithic level of development. It was because we did not have the medical knowledge (the tech is really pretty basic) to do so that kept the birth rate high and forced us to innovate.
I very much liked your points about the (non) volition of plants, the fixed/marginal cost of a brain, and the non-sustainability of sustainability. Very nicely done.
Thank you for presenting this article to us.
Jan
Matt Ridley is pushing a version of Hayek's cultural revolution. This is not the same thing at all. Ridely does not think any one person accomplishes anything, it is all a collective effort. Like Hayek he does not think reason is efficacious and he thinks trade not invention is the key to human progress.
Other species do not generally change their environment. They have one tool in their tool box. That is not the same thing as humans do.
All successful genetic changes increase the population for a while. That is what happened in the agricultural revolution.
Thanks for the input
I was thinking about this a bit last night (one of those imaginary conversations) and realized that, in addition to genetics, my real world experience with business, with management within a business, and with my knowledge of how the immune system works all fits this model of 'many innovations' -> 'few surviving elements'.
I agree with your last statement, though I would probably phrase it in the opposite sequence.
Jan
Ridely has not only lied about basic facts he has stolen his basic ideas from Hayek without giving him credit to my knowledge. He does not explain or have an analogy for "genetic changes" He certainly does not think it is inventions - he does not make the connection between genetic changes and inventions.. He thinks all scientists and inventors are frauds.
Ultimately Ridley is one of those collectivist libertarian/Austrians who reject reason.
Jan
He has explicitly stated that all scientists and engineers are frauds when get patents or are awarded Nobel prizes. There is nothing to disagree with..
His ideas are offshoots of Hayek - that is just straight forward logic.
It is clear to me now that I do not put much weight in labels and that saying 'so-and-so' is a '[label]' is not meaningful to me. So I do not care if Ridley's ideas are offshoots of Hayek; all I care about is if Ridley is correct about a cascade of inventions resulting from a technological threshold. It does not even matter to me much if I 'like' the conclusion (I am emotionally fond of the heroic inventor). All that matters to me is if he accurately portrays an aspect of reality - and I think he does. I have looked up shared Nobel prizes and simultaneous inventions and I think that, while the heroic inventor exists, there is definitely a tech-threshold to take into account with respect to most inventions.
I am in favor of an inventor having ownership of his invention, but I am not in favor of that ownership being unilateral if it excludes someone who independently developed the same thing at about the same time. (This language is very vague, I realize - what is 'about the same time', for example.) This situation actually exists in countries other than the US.
Jan
In very rare instances there are so-called simultaneous inventions. But in most cases these so-called simultaneous inventions show a complete lack of understanding of the technical aspects of the inventions. For instance, there are a number of nonsensical statements that there were multiple simultaneous inventors of the airplane. The Wright brothers were the first to create control surfaces for heavy than air vehicles. There were no simultaneous inventions.
Ridley does not describe reality. If Ridley was right then inventions would be spread uniformly throughout the world. If Ridley was right then wiccans would be as like to invent an MRI as those trained in engineering and science. Ridley is a fraud and a liar.
Certainly labels have meaning, but there is usually content in a labeled set that is subject to more than one classification. Breaking the content out into a finer granularity can reveal information.
Jan
Socialism, creationism, and environmentalism demolished in one short paper.
The consequences of how everything came to be gave us that information and that ability in every cell in our bodies and brains. The connection to the mind came much later and it was integral in the industrial revolution.
Within less than 200 years the trees were gone!
When the island was discovered by the Dutch on Easter Sunday the trees were already gone. In addition the population was thriving , but the Dutch sailors left their mark and started the population crash .The cause was small pox ,
Venerial disease , influenza .When Capt Cook arrived 50 years later his crew repeated the unintentional onslaught of diseases ,estimates are 70 percent of the natives died from those 2 visits.
Reference "The statues that walked" by Terry Hunt and Carl Lipo
Either way it is certainly possible in a technologically stagnant world (confined space) to deplete the local resources enough to cause a population decline. This is why humans lived in the Malthusian Trap until the Industrial Revolution.
Keep the technology advancing, with 7 to 8 million added to the world population every month we will be needing the innovations.Go farmers, go fertilizer, go irrigation, go innovators,go rain ,go sun you all rock.
Well done db.
Txs.
I would appreciate a review of the book Source of Economic Growth, if you have had a chance to read it.
The left will never accept capitalism on any terms...not even your/Rand brilliantly relating it to nature...the left is anti-nature, anti life, anti reality.
Now I understand the confusion I caused when interjecting "Ethics" into a discussion of new technologies. Objectivist have a different understanding of that relationship.
Here is the link on Amazon http://www.amazon.com/Source-Economic...
I appreciate your work and goal but need to point out some tidying up on your footnotes.
1. DNA does not determine what a cell does or how to do it. And Rand is not a source. Cells are not goal orientated. Just balance concentrations and do their thermodynamics . DNA codes for production of proteins based on information from the cell. The cellular processes allocate them. A classic example is a study showing a video of a cell forcing its way through intercellular space so narrow it leaves its nucleus with the DNA behind while it keeps on trucking.
3. You miss quote the article. Its vertebrates not mammals and the paper is about the scaling law of neuron density and how humans fit the law. The paper doesn't mention an important fact that hominid pelvic size openings control skull size. Brain density then has to make up for constrained volume. SO our high density of neurons makes us use more energy but its the price we pay for knowledge. Remember the human brain was intact long before speech.
Keep up the good work.