Enlightenment values

I’ve thoroughly enjoyed reading Anthony Pagden’s [amazon_link id=”019966093X” target=”_blank” ]The Enlightenment and why it still matters[/amazon_link] (a present from Son 1 for Christmas along with home-made biscuits and sweets – how well I brought him up). The ‘why it still matters’ argument is that we’ve inherited from the Enlightenment’s ‘science of man’ the values of common humanity, universality, a ‘global civic ethic’; and that these are values well worth defending against narrow nationalism and exclusive communities.

[amazon_image id=”019966093X” link=”true” target=”_blank” size=”medium” ]The Enlightenment: And Why it Still Matters[/amazon_image]

The book concludes:

“Nothing in the future will ever be achieved by shutting ourselves up in communities, by measuring out our lives by the horizons of what our fathers and forefathers have set down for us …. Much of what modern civilization has achieved we obviously owe to many factors, from increased medical knowledge to vastly improved methods of transport, which although they are an indirect legacy of the Enlightenment, and the revolutions in science and technology which both preceded and followed it, have no immediate of direct connection to its ideals. But our ability to even frame our understanding of the world in terms of something larger than our own small patch of ground, our own culture, family or religion, clearly does.”

The book is excellent on the intellectual restlessness that drove Enlightenment thinkers – something that Hobbes attributed to all of us, “the general inclination of mankind.” He argued against the Aristotelian idea of the ultimate good or greatest good: “There is no such Finis Ultimus, no summum bonum as is spoken of in the books of the old Moral Philosophers. Nor can a Man any more live, whose desires are at an end, than he whose senses and Imaginations are at a stand. Felicity is a continual progress of the desire from one object to another.” ([amazon_link id=”0199537283″ target=”_blank” ]Leviathan[/amazon_link] 70 I xi)

Hobbes was at the most radical end of the spectrum, but Kant agreed – sadly, finding a pithy quote from Kant is difficult, but he emphasised the ‘proceeding and growing activity’ rather than the end-state of happiness, which seems to me similar to Czistalmilhalyi’s ‘[amazon_link id=”0712657592″ target=”_blank” ]flow[/amazon_link]’. Kant was also firmly against state paternalism: “A government established on the principle of benevolence towards the people, like that of a father towards his children – that is, a paternalistic government – … is the greatest despotism thinkable.” So it’s clear what he would have made of the current vogue for governments ‘nudging’ us all to be ‘happy’!

Pagden is – like me – a big fan of [amazon_link id=”0140432442″ target=”_blank” ]David Hume[/amazon_link]. (Incidentally, I learned that Hume might have been the first philosopher in Britain to earn a living from writing – not that it can be a crowded field.) He writes that part of Hume’s importance stems from his appreciation that in the study of humankind, the object and the subject doing the observing are the same – and putting that into practice in his own writings. As Diderot phrased it: “It seems to me that one must be at once inside and outside oneself. One must perform the roles simultaneously of the observer and the machine that is being observed.” (I wish I’d read this before giving a lecture last summer!)

Pagden is of course alert to the negative aspects of the Enlightenment and its consequences, perhaps best encapsulated in Edmund Burke’s opinion that it combined: “Benevolence to the whole species, and want of feeling for every individual with whom the professors come into contact.” Isn’t that combination still found on the trendy, universalist left, those who eat organic quinoa but won’t send their children to the local state school because it’s full of poor people? More seriously, communitarian thinkers of course reject the individualism they trace to the Enlightenment, and the pace of change and loss of traditional identity. This is not a set of concerns to be dismissed lightly. Similarly, the Aristotelian theme of virtue has – quite rightly – enjoyed a revival post-crisis, when the loss of moral compass in the modern global economy became so apparent. (This review of David Caute’s new book on Isaiah Berlin, [amazon_link id=”0300192096″ target=”_blank” ]Isaac and Isaiah: The Covert Punishment of a Cold War Heretic[/amazon_link], indicates that Berlin – an evangelist for Enlightenment values – was also well aware of their negative aspects too.)

Yet progress is a bit out of fashion – we fear the robots rather than embracing them. So a reminder of the achievement of the Enlightenment at a time when there seems to be an inclination to pull up the drawbridge and turn away from the world is timely. As Mary Wollstonecraft put it: “The more I see of the world, the more I am convinced that civilization is a blessing not sufficiently estimated by those who have not traced its progress.”

The book is not chronological; rather, each chapter covers a theme, with as a thread running through it the debate about the role of government – in the historical context bookended by the English Civil Wars and Treaty of Westphalia in the mid-17th century and the French and American Revolutions in the late 18th century. Over the years I’ve read many books about the subject – Roy Porter’s [amazon_link id=”014025028X” target=”_blank” ]Enlightenment: Britain and the Creation of the Modern World[/amazon_link] is still a favourite. This is a worthy addition to the shelf.

[amazon_image id=”014025028X” link=”true” target=”_blank” size=”medium” ]Enlightenment: Britain and the Creation of the Modern World (Allen Lane History)[/amazon_image]

My one quibble is the number of typos in this book – from the minor like missing commas to frequent substitutions like ‘palette’ for ‘palate’ and ‘Chaplin’ (as in Charles) for ‘chaplain’, as if dictated to word-recognition software. There are one or two per page. Surely OUP could have run to a copy-editor?

BRICs, MINTs and a disordered world economy

Jim O’Neill, famous as the inventor of the idea of the BRICs, has moved on to MINTs – Mexico, Indonesia, Nigeria and Turkey. He has a series on BBC Radio 4 starting today on these countries.

We’ve become very familiar with the idea of the rising economic powers, and enmeshed in debate about whether their growth rates can be sustained, and where the next growth stories are – hence the interest in MINTs, and the recent ‘Africa rising’ theme in so much comment. So it’s easy to forget the dramatic impact of Jim O’Neill’s original report over a decade ago, capturing the idea of a shift in economic power in the memorable acronym. What is still overlooked – and this is one of the themes of his new book, [amazon_link id=”1907994130″ target=”_blank” ]The BRIC Road To Growth[/amazon_link] – is that this shift has already happened. Many of us commenting from the West still talk about it as something that is going to happen. But as Danny Quah of the LSE has mapped very carefully (and he is writing about the Great Shift East in his own forthcoming book), the world centre of economic gravity is in Asia *now* – here is his map.

This makes the other theme of Jim O’Neill’s book all the more relevant. He argues passionately that the structures of global economic governance need to change. A world economy whose governing institutions reflect patterns of growth and trade that no longer exist is going to be a disordered world economy. It’s an important message, and my impression is that nobody is doing anything about it.

[amazon_image id=”1907994130″ link=”true” target=”_blank” size=”medium” ]The BRIC Road to Growth (Perspectives)[/amazon_image]

Science fiction economics

Gavin Kelly of the Resolution Foundation has written a very informative and balanced article in today’s Observer about technology and jobs – it’s more balanced than the headline (“The Robots Are Coming!”). He discusses the gloom about the hollowing out of good, ordinary, middle income jobs as featured in Tyler Cowen’s fascinating [amazon_link id=”0525953736″ target=”_blank” ]Average is Over[/amazon_link] and the forthcoming [amazon_link id=”0393239357″ target=”_blank” ]The Second Machine Age[/amazon_link] by Erik Brynjolfsson and Andrew McAfee; but also some of the reasons for not assuming we’re heading straight for the dystopia of a society divided between a minority of highly skilled, high earners and a lumpenproletariat earning minimum wage for service sector jobs the machines can’t quite do yet.

[amazon_image id=”0393239357″ link=”true” target=”_blank” size=”medium” ]The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies[/amazon_image]

I’m in the latter camp, although not at all sanguine about the social and institutional adjustments that will need to be made as we glide into the Age of Robots. These adjustments are everything: technology drives prosperity and progress (old fashioned idea, I know), but society determines how the benefits are shared.

In the article Alan Manning (author of a book with one of the best titles ever, [amazon_link id=”0691123284″ target=”_blank” ]Monopsony in Motion[/amazon_link]) refers to ‘science fiction economics’, a marvellous concept. [amazon_link id=”1857988124″ target=”_blank” ]Blade Runner[/amazon_link] is the obvious reference for the robots-are-coming thesis, but Bruce Sterling’s [amazon_link id=”0441374239″ target=”_blank” ]Islands in the Net[/amazon_link] leapt to my mind as the best example. Some of William Gibson’s recent novels, of course, such as [amazon_link id=”0399149864″ target=”_blank” ]Pattern Recognition[/amazon_link].

Any other suggestions for the best economic analysis through the medium of science fiction?

[amazon_image id=”0441374239″ link=”true” target=”_blank” size=”medium” ]Islands in the Net[/amazon_image]

Housing word association

The week between Christmas and New Year is always a wonderful time for reading, both books and catching up on the wealth of articles bookmarked in the busy weeks before the holidays. So I’ve had time to read a new London Review of Books essay by James Meek about housing in the UK. Or rather, the housing crisis, as the title has it, in what has become the automatic word association.

As the chart in the article makes perfectly plain, there is a crisis of inadequate supply, on a scale that in the past was addressed by some substantial policy interventions. I am absolutely not a political expert, but it does seem to me that housing is one of the basics that voters will care about – something Margaret Thatcher as well as Aneurin Bevan understood perfectly well.

The Meek article ends with a quote from Julia Unwin of the Joseph Rowntree Foundation: ‘At the turn of the 20th century, the free market had provided squalid slums. We undoubtedly face the re-creation of slums, the enrichment of bad landlords, the risk of people being destitute. Beveridge had soup kitchens. We have food banks. We’ve got something that does take us back full circle, a deep divide in way of life between people who are reasonably well off and those who are poor. There’s always been a difference, but the distinction seems to be more stark now.’

Julia is one of my Perspectives authors, and I highly commend her new book [amazon_link id=”1907994165″ target=”_blank” ]Why Fight Poverty?[/amazon_link] It seems to me spot on in identifying the emotion of fear – fear of becoming poor, fear of poor people – as a barrier to doing anything about poverty.

As it happens, I’ve also commissioned Kate Barker to write a Perspective on the housing crisis, due out later this year. Kate was the author of two authoritative reports on planning and housing a few years ago, and her recommendations in the run up to a UK general election campaign will be essential reading.

[amazon_image id=”1907994165″ link=”true” target=”_blank” size=”medium” ]Why Fight Poverty? (Perspectives)[/amazon_image]

There are a few other books around about housing. I’ve read Neil Monnery’s Safe As Houses which gives a very useful historical and also cross-country overview. A bit old now, but excellent on the economic analysis, is David Miles’s [amazon_link id=”0471952109″ target=”_blank” ]Housing, Financial Markets and the Wider Economy[/amazon_link]. David is on the Monetary Policy Committee and no doubt paying close attention to the current house price surge and mortgage conditions.There are some excellent blogs too – Alex Marsh writes one, Jules Birch another.

[amazon_image id=”B00FOU4GLA” link=”true” target=”_blank” size=”medium” ]Safe as Houses: A Historical Analysis of Property Prices (Paperback) – Common[/amazon_image]

Economics books in 2014 – continued

A couple of days ago I posted a list of forthcoming titles in economics that looked intriguing.

Inevitably, I missed some things. Cardiff Garcia expanded the list and added some descriptions. Of the extra ones he spotted, [amazon_link id=”0393239357″ target=”_blank” ]The Second Machine Age[/amazon_link] by Erik Brynjolfsson and Andrew McAfee, [amazon_link id=”0465064736″ target=”_blank” ]The Upside of Down[/amazon_link] by Charles Kenny, and [amazon_link id=”1451651201″ target=”_blank” ]The Leading Indicators: A Short History of the Numbers That Rule Our World[/amazon_link], by Zachary Karabell stand out.

[amazon_image id=”0465064736″ link=”true” target=”_blank” size=”medium” ]Upside of Down[/amazon_image]

Robert Went, among others on Twitter, flagged up Ha-Joon Chang’s forthcoming book, [amazon_link id=”0718197038″ target=”_blank” ]Economics: The User’s Guide[/amazon_link]. John Saunders in comments added [amazon_link id=”0691152098″ target=”_blank” ]Complexity and the Art of Public Policy: Solving Society’s Problems from the Bottom Up[/amazon_link] by David Colander & Roland Kupers.