Category: Economics

Against Politics: 15 book recommendations

One of the best ways to communicate the general outlook of a website is to recommend a set of books that embody its perspectives on a variety of topics. Since its inception in 2000 the outlook of Against Politics has undergone some changes but there are a number of core interests that have remained the same: empiricism, non-cognitivism in ethics, an interest in (Hobbesian) contractarianism, philosophical anarchism, sociobiology, and a critical perspective on (electoral) politics. The following books reflect these topics and can command the recommendation of the writer of this website.

1. Hans Reichenbach – The Rise of Scientific Philosophy

Hans Reichenbach was one of the greatest 20th century empiricist philosophers and his brand of empiricism is distinguished by a greater emphasis on the probabilistic nature of knowledge and pragmatism. A more rigorous statement of his views can be found in his seminal scholarly work Experience and Prediction: An Analysis of the Foundations and the Structure of Knowledge.

2. Nassim N. Taleb – Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

Nassim N. Taleb is mostly known for his writings on Black Swan events, but of broader interest is his general skeptical outlook. In Fooled by Randomness Taleb documents how poorly we are equipped to deal with the probabilistic nature of the world and how our thirst for certainty and our tendency to see patterns everywhere leads us astray.

3. Edward Osborne Wilson – Consilience: The Unity of Knowledge

Edward Osborne Wilson is the godfather of sociobiology and and in this work (review here) he aims to bridge the gap between the biological and social sciences and seeks to resuscitate a project held dear by the early logical empiricists; the unification of science. Wilson is not trained in philosophy or philosophy of science but this “disadvantage” is mostly offset by his sane outlook on human nature.

4. Paul H. Rubin – Darwinian Politics: The Evolutionary Origin of Freedom 

‘Ought’ implies ‘can’ and Paul Rubin’s excellent book Darwinian Politics treats the topic of what we can reasonably expect in political and economic affairs based on our knowledge of human evolutionary biology.  Humans are poorly equipped to recognize the non-zero sum nature of capitalism and the futile nature of (electoral) politics.

5. Gregory Cochran and Henry Harpending – The 10,000 Year Explosion: How Civilization Accelerated Human Evolution

In this book (review here) Gregory Cochran & Henry Harpending drive another nail in the coffin of the idea that modern humans have not undergone meaningful genetic change. There is no reason to expect a “psychic unity of mankind” and social scientists who still embrace such notions do so at the cost of understanding human nature and human biodiversity. Also recommended is Nicholas Wade’s Before the Dawn: Recovering the Lost History of Our Ancestors (review here) who treats the deep history of humanity from a similar perspective.

6. L.A. Rollins – The Myth of Natural Rights and Other Essays

L.A. Rollins’ devastating critique of natural rights exposes the careless reasoning that has been employed by libertarians who argue that people have “rights” prior to any agreement or contract. As such, The Myth of Natural Rights (review here) is a sad reminder of how much time and effort libertarians (and conservatives) have wasted by arguing for nonsensical positions.

7. David Gauthier – Morals By Agreement

In what may constitute the most rigorous work in moral philosophy to date, David Gauthier uses decision- and game theory to develop a Hobbesian account of moral contractarianism. To prevent appeals to intuition and circular reasoning, Gauthier seeks to derive morality from a minimalist (instrumental) conception of rationality and shows how self-interested individuals seeking mutual advantage will accept moral constraints on their conduct.

8. Jan Narveson – The Libertarian Idea

Jan Narveson takes Occam’s razor to David Gauthier’s  moral contractarianism and aims to show that a general agreement to respect each other’s (negative) liberty is the only kind of agreement that can command general endorsement. Such an agreement excludes coercive income redistribution and raises questions about the existence of government itself. This work presents the best introduction to libertarian philosophy that neither pursues natural rights nor utilitarianism.

9. Anthony de Jasay – Against Politics: On Government, Anarchy and Order

Anthony de Jasay is the most important social philosopher of our time and all his writings are highly recommended. Against Politics is a collection of essays on a variety of topics such as political contractarianism, constitutionalism, income redistribution, and the economics of ordered anarchy. One of the great virtues of Jasay’s writings is his ability to reconcile academic rigor and common sense.

10. Bryan Caplan – The Myth of the Rational Voter: Why Democracies Choose Bad Policies

In The Myth of the Rational Voter economist Bryan Caplan employs economic reasoning and empirical evidence to explain why democracy leads to poor public policy. The average voter has a strong incentive to be rationally irrational about politics and the economic ignorance of elected politicians is evidence of this. This book provides no less than the microfoundations of political failure. Also recommended is Randall Holcombe’s From Liberty to Democracy: The Transformation of American Government. Holcombe uses a public choice perspective to show how the rise of democracy leads to a decline of liberty.

11. David Friedman – The Machinery of Freedom: A Guide to a Radical Capitalism

David Friedman’s The Machinery of Freedom is a fine example of modern anarcho-capitalism. This informally written book presents classic economic arguments to argue that the market does not just excel in the production of ordinary consumer goods but that the market should be expected to excel in providing justice, police, and defense as well. David Friedman’s article A Positive Account of Property Rights is highly recommended, too.

12. Edward Stringham (ed.) – Anarchy and the Law: The Political Economy of Choice

Anarchy and the Law: The Political Economy of Choice is an ambitious collection of classic articles on anarcho-capitalism, public goods, polycentric law, and criticism of minimal government.

13. Gregory Clark – A Farewell to Alms: A Brief Economic History of the World

Gregory Clark’s book A Farewell to Alms: A Brief Economic History of the World is a Darwinian perspective on the rise of modern capitalism and the persistence of economic inequality between nations. The industrial revolution and rising living standards in the West are not explained by favorable geography or institutions but by natural selection (“survival of the richest”). An interview with Gregory Clark about his work is available here.

14. George A. Selgin – Less Than Zero: The Case for a Falling Price Level in a Growing Economy

George Selgin is one of the most interesting economists working in the classical liberal tradition and his small book Less than Zero (PDF) outlines the case for a productivity norm that permits prices to respond to rising productivity or negative supply shocks as a superior alternative to zero-inflation or positive-inflation norms. Selgin’s discussion of  monetary disequilibrium and nominal income targeting has also contributed to the rise of market monetarism. His treatment of free banking can be found in another great work,  The Theory of Free Banking: Money Supply under Competitive Note Issue.

15. John Derbyshire – We Are Doomed: Reclaiming Conservative Pessimism

John Derbyshire is one of the most eloquent and courageous writers associated with the Secular Right or skeptical conservatism. In this book he shows that our era only knows one prevailing ideology and post-war politics has been dominated by a combination of unrestrained wishful thinking and a blank slate view of human nature. As a consequence, public policy invariably fails and government keeps growing.

Richard von Mises: Positivism – A Study in Human Understanding

Unlike his rationalist brother Ludwig von Mises, Richard von Mises had strong empiricist leanings, which found expression in his frequency interpretation of probability and his qualified endorsement of logical positivism (or logical empiricism).  His Kleines Lehrbuch des Positivismus was published in 1939 and translated and revised in English in 1956 as  Positivism: A Study in Human Understanding and carried the following subtitle, “How the aims and attitudes of science apply to all the intellectual endeavors of mankind – whether in science, the arts, or ethics.” Sadly, the last edition of the book was published in 1968 and has long been out of print, a fate which sets him apart from other major 20th century empiricists such as Rudolf Carnap, Hans Reichenbach, and Alfred J. Ayer, whose major expositions of their views are still in print. The preface of the English edition of Positivism closes with a remembrance of Otto Neurath, one of the co-authors of the original Vienna Circle statement, The Scientific Conception of the World: The Vienna Circle, and one of the most passionate advocates of empiricism and the unity of the sciences.

Contrary to popular opinion, 20th century empiricism was not a rigid set of beliefs, and many of the original logical empiricists kept revising their views in response to the reception of their work and further investigations. What united the original logical positivists was an unwavering commitment to empiricism and a firm rejection of dualism in the scientific method. In a sense, one could argue that many of the core beliefs of the Vienna Circle have become so accepted among many scientific practitioners that there is no longer a need to argue for them. On the other hand, the worldviews of public opinion makers and public officials are still largely shaped by modes of thought and superstitions that have remained fairly immune to the rise of  the experimental method and the rejection of metaphysics. In the case of politics, there is little reason to be surprised about this, because politics encourages irrational thinking, conformism, and atavism. Interestingly, Richard von Mises also offers his views on economic methodology and political economy and it will be rewarding to return to these views at the end of this review.

Positivism starts with a discussion of language. According to von Mises, many philosophical mistakes reflect misunderstandings about the function and limitations of language. He writes, “many problems of school philosophy are of this type: expressions, referring in ordinary language to a very vague and varying content of experience, are supposed to have some “objective” meaning and then attempts are made to “disclose” this meaning by kind of a definition.” For example, there is no God-given definition of the word “rationality.” But when a group of academics (such as economists) converge on the use of the word, it is a misunderstanding of the function of language to insist on a different definition of the word because its current use is “wrong.” Of course, when science evolves there is often a recognition that the original  language is too crude and finer distinctions are being introduced to replace the older vocabulary. One of the defining characteristics of positivist philosophy is clarification of the use and abuse of language.

Like most authors in the positivist tradition, von Mises is interested in the question of what distinguishes true, false, and meaningless statements. He rejects the idea (which he attributes to Rudolf Carnap) that statements that do not satisfy the rules of logical grammar should be considered “meaningless” because it is not “possible to anticipate the rules of language in any exhaustive manner before knowing the sentences that will have to be tested by them in order to decide their admissibility or inadmissibility.” As an alternative, von Mises proposes the concept of “connectibility.”  A sentence is connectible if  it is compatible with a system of statements that regulate the use of language in that system. The statements of metaphysics, at best, only connect to each other in a very narrow range (they do not connect to the rules of formal logic, the natural sciences, ordinary language, etc.) and are of little practical use. Using this concept of connectibility makes it possibles to characterize the movement for a “unified science” in terms of connectibility of all scientific statements. Positivism concerns itself largely with the exposition of the concept of connectibility.

Von Mises then devotes two chapters to Mach’s elements and protocol sentences. Despite his own admission that “it is utopic to think that, starting from a given complex of element sentences, one could, by carefully following all the syntactic rules, arrive at an “encyclopedia of the sciences” which could command a validity of higher rank than that possessed by any of the existing  individual sciences” he seems quite occupied with identifying the nature and structure of such element sentences. Instead of looking for such an Archimedean point it might be more practical to decide in favor of the language of the sciences that have been successful in understanding and predicting the observable world. Statements of chemistry can be reduced to statements in physics, statements in biology can be reduced to statements in (bio)chemistry, statements about behavior and psychology can be reduced to statements in biology etc. The remaining (social) sciences contain either statements that are of little descriptive or predictive value, or contain statements that have been successful in understanding and predicting human behavior but still cannot be connected to the statements of the exact sciences. The use of game theory in both the biological and economical sciences is a good example of an attempt to bridge that gap. As von Mises himself notes, “All we can attempt to do is by analysis and continuous criticism of linguistic usage to further the connectibility.”

In the chapter about probability, von Mises introduces his frequency interpretation of probability and distinguishes it from the use of probability in ordinary language and alternative conceptions of probability (subjective probability, logical probability). In this chapter, von Mises is quite insistent upon the view that an exact theory of probability can only refer to mass phenomena and repetitive events. It does not make sense to use the probability calculus for future unique events or single cases probabilities. He takes issue with attempts of logical empiricists like Hans Reichenbach and Rudolf Carnap to apply probability far beyond its range of validity. Considering the generally hostile attitude of Austrian economists towards positivism and empiricism, it is interesting to note that prominent Austrian economists who work in the Misesean tradition have endorsed Richard von Mises’ strict frequency interpretation of probability. In an article called The Correct Theory of Probability Murray Rothbard writes:

“While probability theory is generally thought of as a branch of mathematics, its foundations are purely philosophic, and Richard von Mises, in his great work Probability, Statistics, and Truth, developed the correct, objective, or “frequency” theory of probability….if one holds to the objective Mises theory, it is unscientific and illegitimate to apply probability theory to any situations where the events (like the tossing of a die) are not strictly homogenous, and repeated a large number of times. And since, outside of die tossing or roulette, all the events of human action, economic or political or in daily life are clearly not homogeneous and therefore not repeatable, the Mises view demonstrates that all use of probability theory in social science is illegitimate.”

Along the same lines, Hans-Hermann Hoppe writes approvingly that for Ludwig von Mises “there is no such thing as a priori probability. Nor is there such a thing as the probability of a singular event. Probability statements refer to “objective” probabilities of collectives (classes). They are based on empirical observations. And they are corrigible by such observations.” Whether the positions of Mises, Rothbard and Hoppe constitute a partial endorsement of positivism in case of the probability is a complicated matter because it is not unambiguously clear what the proper empiricist interpretation of probability should be, and in this chapter Richard von Mises is too partial to his own views (and too dismissive of the works of other empiricists) to offer a more systematic treatment of the question of the relationship between probability and his general positivist outlook.

In the chapters about deterministic physics, statistical physics, and miracles von Mises argues quite persuasively that positivism should not be identified with a set of dogmatic prohibitions or should rule out certain observations about reality when they do not conform with materialism or a deterministic outlook. What we should require from extraordinary statements (or miracles) is that they are subjected to the same kind of scientific investigation and corroboration as we expect from other claims to knowledge. This approach harks back to von Mises’s concept of “connectibility.” His open mindedness in this chapter is reminiscent of a statement by Rudolf Carnap in his seminal article Empiricism, Semantics, and Ontology (1950):

The acceptance or rejection of abstract linguistic forms, just as the acceptance or rejection of any other linguistic forms in any branch of science, will finally be decided by their efficiency as instruments, the ratio of the results achieved to the amount and complexity of the efforts required. To decree dogmatic prohibitions of certain linguistic forms instead of testing them by their success or failure in practical use, is worse than futile; it is positively harmful because it may obstruct scientific progress.

Perhaps the most interesting chapters in Positivism deal with his positivist outlook on the social sciences and ethics. Von Mises rejects methodological dualism; the idea that the approach and methods that are used in the physical sciences are inappropriate for the sciences that study man: “We find in all fields  a progression from single observations to comprehensive generalization which corresponds to the essence of scientific work…”.  As other logical  positivists writing in the same period, von Mises recognized that one day human action could be analyzed and explained by “organic processes,” but the rather premature state of fields like neuroscience in his age prevented von Mises from stating his position much more strongly than is possible now.

Today, when we compare the progress in fields that study man from a biological perspective with fields that claim a unique approach for the humanities,  it is clear that the case for dualism has further weakened. Humans are not exempt from the laws of physics and disciplines that recognize that fact clearly such as biochemistry, evolutionary biology, and neuroscience, have made significant progress in understanding man. Von Mises notes that progress in the study of man is slower because of “retardations due to organized prejudices.” In many places in the world (including the United States) evolution is still widely contested and it is only quite recently that scholars who approach human psychology from an evolutionary perspective are no longer meeting major obstacles to disseminating their work.

Richard von Mises has a distinctly different perspective on social science and economics than his brother Ludwig von Mises.  He has little patience for the idea that economic theories are not subject to empirical testing: “mental reconstructions of observed facts must be tested to determine how far their consequences agree with continued observations.” Similarly, he does not reject the use of mathematics in economics and actually credits mathematical economics for offering “promising starting points for a rational treatment of economic problems.” In particular, von Mises praises John von Neumann and O. Morgenstern for introducing strategic behavior and expectations into economic theory. New classical economists like Robert Lucas, Jr., later recognized that expectations cannot be ignored in macroeconomics either.

Von Mises closes his book with a number of chapters on morals, law, and religion. Not surprisingly, von Mises states that “…in spite of centuries of endeavor  one has so far not been successful in demonstrating any substantial ethical theorems that would enjoy unanimous recognition; and there is no hope that the goal of a “normative” ethic will be reached in in the future.” He argues against the idea that reason can discover objective normative rules and highlights the conventional and pragmatic nature of morals.  There is little in these chapters that could not have been written by contemporary authors. He ends his book by situating his perspective in the broader empiricist tradition and with a succinct summary of his own perspective.

It is fair to say that this book cannot compare with the rigorous writings of scholars like Rudolf Carnap or Hans Reichenbach, but it is doubtful that he aimed at such a work. His book is basically a plea for the scientific view of the world and how this approach applies to various topics. As such, his basic outlook on knowledge deserves study and recognition.

Richard von Mises has now been largely forgotten as a writer about knowledge but his general outlook is still alive. For example, despite the fact that the writings of his brother have seen multiple editions and reprints, there is a broad consensus that economics, or any social science, should be conducted as an empirical science. On matters of morality, serious scholars have become more interested in the evolutionary, psychological and social sources of moral conduct than the futile search for categorical imperatives. Most of all, much progress has been made in connecting the physical sciences and the humanities through modern evolutionary biology. In this sense, Richard’s perspective has clearly prevailed, albeit not to the degree that he would have preferred.

Given that market monetarism exists

One of the most passionate debates among American free market advocates concerns the question whether one should focus on the abolition of government institutions or incremental reform. Murray Rothbard is closely associated with the “abolitionist” outlook and Milton Friedman is closely associated with the “given that it exists” outlook. One thing that is often overlooked in this debate is that the issue may only be relevant to high profile public personalities. For the average person it does not really matter whether he takes a reformist or abolitionist position. In both cases, the effect on government operations is negligible.

To abolitionists, “Monetarism” represents a prime example of the reformist approach. A number of its high profile representatives (such as Milton Friedman himself) occasionally express a preference for abolishing the Fed and in favor of free banking, but the bulk of their writings and public statements are concerned with how the Fed should be run “given that it exists.” It is interesting to note that the latest blogosphere-incarnation of Monetarism, which has been called “Market Monetarism,” stays true to classic Monetarism in this regard. The “given that it exists” approach is not just confined to the Fed, but to  price stickiness as well:

Obviously, if all prices and wages were fully flexible, then any imbalance between money supply and money demand would be corrected by immediate changes prices and wages. However, Market Monetarists acknowledge, as New Keynesians do, that prices and wages are sticky. It should also be noted that Market Monetarists are critical of the equilibrium always views of money held by both New Keynesians and New Classical economists.

It is not likely that Market Monetarism, which seems to incorporate an important effect of interventionism, (increased) price stickiness, in its analysis, will be well received by those with a more abolitionist mindset. To them, the most important objective of free market economists is to identity policies and events that prevent market clearing, and to propose institutions that further it, not to advise government how to resolve problems associated with intervention in free markets. A potential rejoinder is that poor Fed policies can aggravate price stickiness.

From a New Classical free market perspective, Market Monetarism has one major advantage over orthodox Keynesian approaches. As Robert Lucas has noted about monetary policy:

It is fast and flexible…It entails no new government enterprises, no government equity positions in private enterprises, no price fixing or other controls on the operation of individual businesses, and no government role in the allocation of capital across different activities. These seem to me important virtues.

If monetary policy is conducted but fails because market participants are already responding in the most efficient manner to economic conditions, that is still better than if fiscal policies (“stimulus”) are conducted and major distortions in the real economy are produced.

One of the most intriguing parts in Lars Christensen’s review of Market Monetarism is where he links nominal GDP targeting to free banking:

Selgin in his masterpiece “The theory of Free Banking” shows that in a perfect competition model of Free Banking with private money insurance the money supply will be fully elastic so any increase in money demand will be met by a one-­‐to-­‐one increase in money supply and hence in equilibrium NGDP will be stable. Therefore, from a welfare theoretical perspective, one can say that a central bank, which is an NGDP level targeter is “emulating” the market outcome in a perfect competition Free Banking model.

Demonstrating that nominal GDP targeting by the Fed is the most realistic candidate (absent free banking) to produce what we would expect to occur in the absence of centralized control of money would be an effective response to Austrian critics of Market Monetarism.

It remains to be seen to what extent Market Monetarism follows classic Monetarism in staying mostly silent on the virtues of free banking. The stronger emphasis on expectations and the idea of publicly traded futures guiding monetary policy, as expressed in the writings of Scott Sumner, indicate a movement towards a bigger role for market-based money.

Anthony de Jasay on poverty and inequality

A recent collection of essays in honor of H.S.H. Prince Philipp of Liechtenstein contains Anthony de Jasay’s article ‘Against Poverty and the Misuse of Language that Helps to Perpetuate it.” In this piece, Jasay argues against the “self-evident” view that economic growth comes with undesirable inequalities of wealth and income.

In the first place, he wonders why it should be assumed that inequality is wrong. In a sharp departure from John Rawls, Jasay argues for a presumption of inequality. After all, even the most casual inspection of reality shows differences in genetic heritage, upbringing, and their unequal effects on wealth and income. Since correcting these inequalities involves interference in mutually advantageous social conventions, the burden of proof is on those who advocate such coercive measures.

Jasay identifies John Suart Mill as one of the writers who contributed to a confused way of thinking about this issue by separating “production” and “distribution,” as if these are two distinct events that follow each other in succession.  But as Jasay writes in another article:

Output is distributed while it is produced. Wage earners get some of it as wages in exchange for their efforts; owners of capital get some of it as interest and rent in exchange for past saving. Entrepreneurs get the residual as profit in exchange for organization and risk bearing. By the time the cake is “baked,” it is also sliced and those who played a part in baking it have all got their slices. No distributive decision is missing, left over for “society” to take.

Because human inequality is not a social construct but a fact of existence, attempts to suppress inequality involve costs. Jasay mentions three kinds of costs: enforcement costs (ranging from record-keeping of taxable subjects to tax compliance), foregone capital accumulation due to income redistribution, and worsening of the marginal rate of transformation of effort into net income. This leads Jasay to ask the question whether the poor actually benefit from such redistributive efforts compared to the rise in income that they would enjoy under laissez-faire capitalism.

Darwinian Politics

Paul H. Rubin’s Darwinian Politics: The Evolutionary Origin of Freedom is a fine introduction to the sociobiology of politics. Rubin is a self-identified libertarian but he makes a serious attempt to avoid dogmatism and consider evidence that points in the opposite direction. For example, on the issue of personal freedom his research forced him to qualify his views about government regulation of personal behavior. In most other aspects, he believes that knowledge of evolutionary psychology can help us in recognizing irrational and wealth-destroying ancestral thinking and conduct. To what extent such recognition can alter our behavior is not a topic he discusses in much detail. In some cases, he seems to be of the opinion that there are general human traits that are so “hardwired” that it would be futile for politicians to go against them, but in other cases he seems to lament the persistence of other hardwired human traits in our modern society. I suspect that, ultimately, where one locates oneself in such debates is itself influenced by ideology, which presents some non-trivial challenges in drawing normative conclusions from sociobiology.

The main thesis of the book is that humans have spent most of their existence in small groups of hunter gatherers and our thinking and conduct concerning economical and political matters is greatly shaped (and constrained) by this.  Most of the chapters are aimed at working out the implications of this for various issues, ranging from conflicts between groups to the politics of envy.

Rubin is not a friend of social contract / state of nature theorizing. He not only believes that contractarianism provides little guidance about the State and politics in the real world, but that the social contract metaphor itself is harmful because it suggests that humans have more freedom in choosing the rules and institutions of their society than they actually have (and can have). He draws an interesting analogy to this view and the Standard Social Science Model (and its political offspring, Marxism) in which human psychology is basically a blank slate. He writes, “if real policies are based on false constructions, then real suffering may ensue.”

One of the strongest sections in the book is where Rubin explains why evolution is not incompatible with individual or group differences. His argument draws upon evolutionary game theory in demonstrating why we would expect individuals who employ different “strategies” to be present in varying proportions in the population, including a small proportion of sociopaths. It would be reasonable to conclude from this that different character traits give rise to different kinds of political beliefs, and that we should expect a permanent “war” between these various types of people. Rubin, however, does not pursue this line of thought and focuses on how general evolved human traits may conflict with rational decision making and welfare maximization.

He devotes a whole chapter to group conflict and this chapter is by far the least exciting because he rather uncritically adopts the outlook of progressive economists.  Rubin puts a lot of emphasis on the observation that individuals can be part of, and can identify with, all kinds of groups. There is little discussion, however, of the degree to which this behavior persists in decision making about personal and political matters. The author is correct that prejudiced consumers and producers decrease the economic gains available to them but he does not discuss cases where “discrimination” can contribute to economic welfare or safety. He also seems to treat the Western economy as a given and does not consider the possibility that (rapid) demographic changes can alter the popularity and functioning of a free market itself. This individualist position should be well known to libertarians (especially of the Objectivist variety) but the question of how a society of (secular) individualists should deal with internal and external threats of more collectivist groups of people is ignored in this context. He is a staunch opponent of affirmative action, however, because it strengthens ethnic identity politics and is extremely dangerous.

In the chapter on altruism, cooperation, and sharing I feel that the evolutionary perspective runs into limits. To some people, evolutionary psychology is just a bunch of just-so stories that allows for the (permanent) co-existence of competing theories and normative conclusions. Rubin thinks that a roughly utilitarian position is implied by human evolution, as opposed to Rawlsian income distribution or Marxism because the latter positions embrace views of human justice that are not compatible with human evolution. He counters the criticism that utilitarianism leads to undesirable implications if carried to its logical extremes by pointing out that such preferences would not have been fitness maximizing, which is an interesting evolutionary take on “rationalist” academic philosophy. This chapter is perhaps the most interesting for his exposition of the debate about the existence of altruism and whether it can be explained without resorting to group selection.

Rubin discusses the existence of envy in some detail and this is the topic where our evolved psychology seems to be highly incompatible with the characteristics of free market economies, in which economic transactions benefit both parties and the gains of the rich do not come at the expense of the poor. It should not be surprising, however, that most humans (including intellectuals) cannot distinguish between, what he calls, dominance hierarchies and productive hierarchies. As a consequence, people have a hard time wrapping their minds around the idea that the wealthy people do not exercise power. In his discussion of political power, he returns to this topic when he notes that this failure to distinguish between economic success and political power leads many people to believe that government can be a countervailing power instead of a substitution of coercion for mutual benefit.

The author attributes the existence of religion to a form of enlightened anthropomorphism that also allows humans to cooperate in prisoner’s dilemma situations. He attributes the popularity of religions like Christianity and Islam to their universal non-ethnic nature. Unfortunately, the author does not treat the topic of how rising secularism in the Western world will affect such conventions about cooperation and altruism in much detail. In the same chapter, he also discusses a form of competition called “handicap competition,” in which humans engage in self-harming behavior to signal their superior fitness. The author does not draw this link but it is intriguing to think that a lot of the obligatory self-loathing that progressive intellectuals display in discussions about multiculturalism is actually a means to signal their superiority instead of an actual attempt to reduce their own power.

The chapter about how humans make political decisions is quite interesting for libertarians, and those of the anti-political variety in particular, because it documents in some detail how our inherited political conduct is mostly irrelevant and ineffective in today’s world. In particular, we vastly overestimate the importance of our own political views and behavior. As the author notes, “given the vanishingly small probability that a single vote will influence the outcome of an election, there is no reason for people to vote at all.” One important consequence of this is that individuals have a much greater incentive to make rational decisions as consumers than as voters. In politics, ancient zero-sum views on economic issues and envy persist. As such, Rubin provides an evolutionary explanation for the economic populism and political failure that the economist Bryan Caplan identified in his groundbreaking book, The Myth of the Rational Voter: Why Democracies Choose Bad Policies. In a sense, this indictment of mass politics as such is more radical than the political anti-statism that informs contemporary rights-based libertarianism.

One of the most interesting and far-reaching discussions in the book concerns the contrast between the study of rationality by behavioral economists and cognitive psychologists on the one hand, and evolutionary psychologists on the other. It has become quite trendy to document and highlight all kinds of cognitive biases, but Rubin contrasts this field with the work of Gerd Gigerenzer, who has shown that if problems are presented in a way that tracks our evolved abilities, respondents are much more likely to give the right answer. Rubin then gives a number of examples of cognitive bias and explores their evolutionary basis. Sadly, it seems that no matter how one defines rationality, it looks like most political activity remains irrational, wasteful, and divisive in today’s world.

The book ends with some analytic and policy implications of the materials presented in the preceding chapters. He basically restates his preference for limited government, against confiscatory income redistribution, and for more liberal immigration policies. Aside from the fact that the author seems to take the orthodox rationale for government as the preferred provider of public goods for granted (at least in this book), one would expect an evolutionary utilitarian such as Rubin to end on a more critical note about democracy, universal suffrage, and its effects on welfare. Otherwise, Darwinian Politics is an important book that warrants careful study and contains a lot of interesting ideas and references.