This was interesting. "For more than a decade, the intellectual right ascribed to variations of Elite Theory — the belief that intellectual and financial elites would ultimately control policy outcomes. The going theory was that better organized and institutionalized factions in any government would outcompete the disorganized ones. The right sought to build up an intellectual counter elite — in which foreign policy realists like Vice President Vance played a major role. As it turns out, many of the assumptions of elite theory are wrong in populist administrations."
I look forward to reading more about this. It sounds convergent with some of my own questions and conclusions.
Tariffs, in my opinion, are not about other countries, but about businesses in the U.S. Trump wants individual businesses now to approach him with hat in hand asking for exemptions. That way, he can be the hero who rescues those businesses after causing all their problems in the first place...
It's "The Art of the Deal" for Trump with American business
Passing judgment a little quickly, aren’t we? At least wait for the second act of the show, when negotiations hammer some of this out and make carve outs for certain countries and companies. But jumping to “is elite theory dead” is either juvenile or clickbait
Do we (who is we, anyway?) have an obligation to educate ourselves on all the heterodox ideas put forward by those who disagree with the academic consensus? who someone, somewhere, thinks is really smart and just happens to align enough (in a certain light) with the president Trump's gut instinct agenda. Anti-vaxxers, creationists, stalinists, etc (and now you want to mock the america first neo-merchantilists!) all have deeply intelligent and well written proponents.. you mock their ideas, but you never grappled with them. Shame on you for dismissing their ideas out of hand because they conflict with consensus. You must force yourself to fight steel man versions of the stupidest and worse ideas. And you are not steel Manning enough if I (whoever that is) don't think you are steel manning their arguments enough!
This was interesting. "For more than a decade, the intellectual right ascribed to variations of Elite Theory — the belief that intellectual and financial elites would ultimately control policy outcomes. The going theory was that better organized and institutionalized factions in any government would outcompete the disorganized ones. The right sought to build up an intellectual counter elite — in which foreign policy realists like Vice President Vance played a major role. As it turns out, many of the assumptions of elite theory are wrong in populist administrations."
I look forward to reading more about this. It sounds convergent with some of my own questions and conclusions.
https://jmpolemic.substack.com/p/the-schism-of-the-elites
elite theory is a tad outdated
the old elite, _all of them_, are now purely automatons
the elite is AI now brian, u should know that
the mechanism setting tariffs, yes the opposite of clear, is the same AI myopically optimizing the nations debt financing
and given the problem the AI is optimizing for - the inputs, which are often outputs (sic), get a lot more interesting than tariffs
an updated theory might be called something like, the algorithmic cryptocalvinist necroeconomy
Tariffs, in my opinion, are not about other countries, but about businesses in the U.S. Trump wants individual businesses now to approach him with hat in hand asking for exemptions. That way, he can be the hero who rescues those businesses after causing all their problems in the first place...
It's "The Art of the Deal" for Trump with American business
Peronism
Passing judgment a little quickly, aren’t we? At least wait for the second act of the show, when negotiations hammer some of this out and make carve outs for certain countries and companies. But jumping to “is elite theory dead” is either juvenile or clickbait
Do we (who is we, anyway?) have an obligation to educate ourselves on all the heterodox ideas put forward by those who disagree with the academic consensus? who someone, somewhere, thinks is really smart and just happens to align enough (in a certain light) with the president Trump's gut instinct agenda. Anti-vaxxers, creationists, stalinists, etc (and now you want to mock the america first neo-merchantilists!) all have deeply intelligent and well written proponents.. you mock their ideas, but you never grappled with them. Shame on you for dismissing their ideas out of hand because they conflict with consensus. You must force yourself to fight steel man versions of the stupidest and worse ideas. And you are not steel Manning enough if I (whoever that is) don't think you are steel manning their arguments enough!
Trump is making decisions with back room AI hence tariffs were no targeted