ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


Is this a strategic thing? He seems to recognize that much of the value of his proposal is in generating a trial and error process from which nearby countries can learn, and to which they can point as evidence for the efficacy of proposed policies.
For Hayek knowledge is dispersed and local, i.e. hard to communicate. For Romer knowledge is nonrivalrous and nonexcludable. Maybe they're talking about different things.
"my daughter who just spent the summer in Tanzania, says that the custom of seeing law as something that ought to be obeyed is not nearly as natural there as it is here."
Depending on the law, so much the better for Tanzania...
I've been to four continents in the world and I echo your daughters sentiment. In fact, I've never been to a country or met a person of a different nationality that is quite as obsessed with what the law says as Americans. Well, I'd say Canadians are a close second, but maybe that's just a North American thing?
Wouldn't there be a difference between laws differentiating social and economic behaviour? I'm not sure that the economic laws are so intuitive and deeply embedded in a culture. These seem to be the laws that Romer is more focussed of exporting.
I suspect there's a difference between exporting Canadian rules to Tanzania and exporting Canadian rules to a city-state along the coast of Tanzania, full of Canadian merchants and self-selected Tanzanians looking to work for and with those Canadians.
My understanding was that a new city would be started in an uninhabited place in Cuba, say, under the auspices of the British, or the Americans, or whoever and then if Cubans wanted to go there then they could do that and if they didn't then they wouldn't. Cultures change by lots of individuals slowly and subtly changing their ideas and charter cities provide a way to expose more people to more aspects of Western culture. People even within a given culture are highly variable and some individuals will take to Western ideas like the rule of law more easily than others and it might be a good idea to try to give them the opportunity to do this through charter cities. In addition maybe some of the people who try it and don't like it will be subtly influenced by the experience and will take slightly better ideas back to their homes. Both the West and the places with the charter cities might also benefit from the trade that takes place there.
Paul Johnson's History of the American People has us as taking the British importance of law to uniquely-refined heights. Partly this was driven by the absence of authority otherwise provided by aristocrats and nobles, and in part by the fact that as a fast-growing and highly dynamic country, we had a lot of legal disputes to settle (like land claims) in relatively short periods of time. In his telling, new towns attracted lawyers as fast as they attracted blacksmiths and saloons.
As a businessman I am no great fan of lawyers. On the other hand, it is interesting to ponder what the alternative to them might be. Corrupt bureaucrats and oligarchs are hardly an improvement.
But... Esperanto is a perfectly good substitute for everyday use, at least among people who speak it! For example at the annual world convention, thousands of people from dozens of countries use it without needing their "non-prefabricated" languages...
Please, if you're going to use Esperanto as a metaphor or an example, get it right. http://www.esperanto-usa.org.
Hmmmmm. Disrespect for law and a pathetic economy, or respect for law and one of the world's greatest economies?
I think Romer is more on the ball on this issue than the Kling clan. No disrespect intended.
It is one thing to presume to impose law that hasn't gone through dispersed discovery on a people who have preexisting law.
It is another thing entirely to graft law (that has succeeded fabulously somewhere) onto an empty piece of land, and then invite outsiders who want to participate under those laws to subject themselves to that law.
Surely the latter has better odds, if nothing else, and the Leoni quote is only applicable to a certain set of circumstances which don't apply here.