Rational World

A blog about a varitey of topics: politics, government, philosophy, news, etc.
“Inequality at the Top: Why Should we Care?" Richard Reeves, Brookings.
The data for this ends in 2009; the problem has gotten much worse since then. Overall, this article has a good breakdown of if/why we should care about the wealth gap, and discusses a couple of things to do about it.

Inequality at the Top: Why Should we Care?" Richard Reeves, Brookings.

The data for this ends in 2009; the problem has gotten much worse since then. Overall, this article has a good breakdown of if/why we should care about the wealth gap, and discusses a couple of things to do about it.

Black holes may not actually exist

The existence of black holes is a widely accepted concept; a scientific idea that has made its way into popular culture. As it turns out the existence of black holes is theoretical, and that theory may be wrong (which in turn may also mean the Big Bang theory is wrong). I enjoy stories like these that challenge commonly accepted ideas and remind us of the real nature of science. Scientific understanding is often more theoretical and provisional than many people realize, and it is constantly being revised.

Depopulation in Japan

"Issues surrounding depopulation have been hotly debated in Japan in recent years. The country’s population almost tripled over the course of a hundred years and peaked in 2008. By October 2013, however, it had dropped back to 127.29 million, a decrease of approximately 800,000 people. If the population were to continue decreasing at this pace, we are told, it would drop to one-third the current number over the next 100 years.

In January 2014, the “Choosing the Future” Committee was established under the Council on Economic and Fiscal Policy, which is chaired by the Prime Minister. The committee’s statement of purpose says, “Over the next five decades, the circumstances facing Japan, including the global economy and population, are expected to change significantly. Some say that Japan’s share the global economy will decline under these circumstances. On the other hand, policy efforts and the will of the people can significantly change the situation. In other words, we can choose our future.”

The basic policy reads, “If we continue on this path, it is likely that Japan will be further depopulated and aged, the Japanese economy will shrink, and national strength will eventually weaken. This committee is to hold discussions in order to change these possible future scenarios.””

-Kaori Iwashita and Junko Edahiro, "Depopulation Debate in Japan, One of the World’s First Countries to Face the Issues," Ecology.

Iraq is already splitting into three states

It may no longer be necessary to worry that Iraq will break apart. In many ways, it already has. […]
Some Iraqis, such as Omar Mohammed, a dentist in Diyala in eastern Iraq, see a splintered Iraq as the only solution after so many episodes of sectarian bloodshed.
"I would accept any solution to stop the bloodshed," he said, "even if it was a confederation or division.""

-Jim Michaels, “Iraq is already splitting into three states,” USAToday.

While federalism could provide one possible solution, and remaining a unified state could have benefits for all three major groups in Iraq, after a civil war and the rise of ISIS, the maintenance of a unified systems may be too difficult to achieve. The shortest route to peace may be three independent states. It will be interesting to see which path Iraqis will choose to follow.

Nasa validates 'impossible' space drive (Wired UK)

NASA has validated a space drive that was previously thought “impossible.” Now it confirms the microwave drive is a reality.

This combined with the announcement of artificial leaf technology has made the prospects of long distance space travel much more interesting. 

Government agents 'directly involved' in most high-profile US terror plots

""In some cases the FBI may have created terrorists out of law-abiding individuals by suggesting the idea of taking terrorist action or encouraging the target to act," the report alleges. […]

In particular, Human Rights Watch examines the extent and impact of law enforcement’s use of terrorism informants, who can both steer people into attempted acts of violence and chill religious or civic behaviour in the communities they penetrate. […]

While the FBI has long relied on confidential informants to alert them to criminal activity, for terrorism cases informants insert themselves into Muslim mosques, businesses and community gatherings and can cajole people toward a plot “who perhaps would never have participated in a terrorist act on their own initiative”, the study found.”

-Spencer Ackerman, “Government agents ‘directly involved’ in most high-profile US terror plots,” The Guardian.

The New York Times and Inequality

On Saturday The New York Times ran an article by economics professor Tyler Cowen in which Cowen writes about the decline of global inequality.  Professor Cowen writes: 

Yes, the problem has become more acute within most individual nations, yet income inequality for the world as a whole has been falling for most of the last 20 years. It’s a fact that hasn’t been noted often enough.”

The article celebrates the capitalism fueled growth of developing nations like China and India and attributes the cause of declining global inequality to economic growth in China and India over the past two decades.

The economic surges of China, India and some other nations have been among the most egalitarian developments in history.”

This article by the Times is highly misleading. There are two assertions made by Cowen that deserve closer scrutiny: 1. that the  economic development in China and India has been “egalitarian” and reduced inequality, and 2. that global inequality is declining.

First, Cowen may have his facts wrong. According to an article published by Harvard Business Review, written by World Bank economist Branko Milanovic (one of the co-authors of the report cited by Cowen), inequality in China is rising. Milanovic writes: 

China, under Deng Xiaoping, introduced private ownership of land in 1978, and thus began its 35-year period of unprecedentedly high economic growth and rising inequality. During that same period, Chinese inequality increased at a tempo outpacing even that of the United States: inequality in China rose from a level lower than in the United States to a level equal or slightly exceeding that in the United States today.”

A similar rise in inequality can also be see in India:

image

So, on his point that China and India become more “egalitarian,” Cowen appears to be incorrect. Secondly, the report (written by Branko Milanovic and Christopher Lanker) that Cowen cites in the Times, is a comparative study that examines the wealth gap between nations. This is important to note, because a situation may exist where geopolitical inequality is decreasing but absolute inequality is still rising. By comparing the wealth gap between nations Lanker and Milanovic seem to demonstrate that developing nations like China are catching up to the developed West therefore reducing inequality. Lanker and Milanovic compared “relatively poor people in the US with relatively rich people in China.” Their data showed that the wealth gap between the two was narrowing, again suggesting that inequality may be declining.

To me it appears that by comparing economic data between nations such as the United States and China it can be demonstrated that the gap between developing and developed nations is shrinking (economically, China is catching up to the US), however, that does not seem to be true to the intent of measuring the wealth gap.

The point of the wealth gap as a metric is to measure income disparity between classes and not nations. Cowen does not make this distinction in his Times article. He writes that the wealth gap “within individual nations” is increasing but goes on to write about the wealth gap between nations as if it were the same as the wealth gap between classes, and as a result Cowen’s article is misleading.

Obama says he supports D.C. statehood

President Obama said that he supports statehood for Washington D.C., however he also thinks the politics involved would make it almost impossible to achieve.

Rand Paul and Israel

In 2011 Rand Paul made a budget proposal that would eliminate all foreign aid to Israel: “GOP Sen. Rand Paul Urges Cutting Aid to Israel.”

Then in 2013 he criticized right wing evangelicals as being too supportive of Israel and their hastiness to use force: “Paul Criticizes Pro-Israel Evangelicals.”

Now, in 2014, Paul voted for a Senate resolution supporting Israel in their ground strike in Gaza and even argued that the resolution “needs more teeth.” See: “Rand Paul’s craven new pander: Why he’s swung wildly on Israel again.”