| Daniel W. Drezner |
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Politics, economics, academia, globalization... all from an untenured perspective
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Saturday, December 07, 2002
Posted
2:34 PM
by Daniel
Posted
2:31 PM
by Daniel
“Speaking
Thursday at a 100th birthday party and retirement celebration for Sen.
Thurmond (R-S.C.) in the Dirksen Senate Office Building, Lott said, ‘I
want to say this about my state: When Strom Thurmond ran for president,
we voted for him. We're proud of it. And if the rest of the country had
followed our lead, we wouldn't have had all these problems over all
these years, either.’” As the Post story indicates, this is not the first time Lott has shot his mouth off on this subject. If
Senate Republicans allow him to continue stay as Majority Leader, they
will deserve whatever political misfortunes befall them as a result.
It’s up to voters in Mississippi to decide whether they want Lott to
continue to represent them in Washington. However, the Majority Leader
position is a national one, and Senate Republicans need to think long
and hard – oh hell, what am I saying, this takes ten seconds – about
whether they want this man to be the visible face of Republican
authority. Beyond the moral reprehensibility of the
comments, it’s also clear that Lott’s lack of political acumen is
growing, not shrinking. That he made this comment in front of a C-SPAN
camera is idiotic. His press spokesman’s statement – “Senator Lott's
remarks were intended to pay tribute to a remarkable man who led a
remarkable life. To read anything more into these comments is wrong.” –
is delusional. This wasn’t something stripped of its context or
twisted beyond its original meaning. This was just wrong, and Lott
seems to be exerting no effort to make it right. Senator, I say this as a Republican -- do all of us a favor and get off the national stage. For other takes on this, see InstaPundit, as well as Joshua Micah Marshall. Friday, December 06, 2002
Posted
12:21 PM
by Daniel
Paul Krugman should have felt good about himself this Thanksgiving. Editor & Publisher named him as one of four Features of the Year. Nicholas Confessore heaps a great deal of praise on Krugman in an a fair and balanced Washington Monthly piece. Plus, he has great luck in bringing out the rabid nature of his enemies – see Brad DeLong’s witheringly accurate takedown of Dan Mitchell’s uninformed caricature of Krugman as a “doctrinaire, left-wing, big-government type.” That said, there’s a palpable sense that since Krugman started his New York Times op-ed column, the ratio of shrillness to insight has been increasing (Click here and here….). Implicit in Confessore’s story is that his current columns pale in comparison to his sparkling mid-1990’s essays for Slate and Foreign Affairs.
Krugman admits that, “I'd like to make a big difference, but I'm not
sure I have much of a chance of doing that.” Why does Krugman seem
less influential now even though his megaphone is larger? Here’s my
two-part answer, employing as much economic logic as I can muster this
early in the morning: Quality is a function of quantity.
For some production processes, as output increases, the quality of each
additional unit of output declines. Krugman is writing more now, but
the quality has deteriorated. His earlier work was longer, more
polished, and closer to his area of expertise – international
economics. As he needs to generate more and more output for his Times column, he resorts to two strategies that drastically lower quality. First, he repeats himself ad nauseum. As Strunk and White point out, sometimes a little repetition is good to hammer home the point – this is what Mickey Kaus would call “flooding the zone.”
After a while, however, diminishing marginal returns kick in. The
benefit of each repetition shrinks, while the cost – in this case, to
Krugman’s reputation – increases. Even Krugman’s admirers acknowledge
this problem. Second, he branches away from his area of expertise to
other topics of the day. Since his capital stock of knowledge in these
areas is smaller, the product is less impressive. On politics, he’s not moving down the learning curve. Krugman, along with many economists, has some serious blind spots in his political analyses. He’s consistently shocked when politicians engage in strategic or opportunistic behavior.
He’s always stunned when leaders take actions that maximize their own
power rather than benefiting the greater good. He’s flummoxed by the
idea that nation-states might care about their relative economic power.
These are all rational motivations – they’re just not ones that
economists really consider when they do their own work. [Isn’t this a really cynical view of the world?—ed.
Not necessarily. Politicians can desire power in the short run so as
to pursue their desired ends in the long run. For a great example of
this kind of behavior, check out John Barry’s The Ambition and the Power.] Economists
that focus on politics eventually begin to acknowledge these sorts of
motivations. Krugman, however, seems perpetually befuddled when
politicians act politically. Since his readers trend in the
politically savvy direction, this failure to learn has become an
ever-increasing handicap. There’s more to say, but
sociological exegeses are exhausting, and unlike Krugman, I’m not
getting paid for penning these thoughts. So I’ll end with a plea for
Krugman to switch papers from the New York Times to the Washington Post.
I suggest this because the Post has op-ed columnists that write
bimonthly or monthly. Krugman is the rare economist that can write
well, and as such he has a duty to contribute to public discourse. His
effect on that discourse would be more positive if he contributed less
frequently. UPDATE: Brad Delong has a post that links together my musings on Krugman and O'Neill.
Posted
10:21 AM
by Daniel
What
to make of his tenure? The most positive spin the Bloomberg piece can
put on it is that "O'Neill's assessments were often accurate even if
they weren't always politically savvy." As someone who worked at
Treasury during his tenure, and someone who wholeheartedly agreed with
him when he opposed the steel tariffs, I'd judge him a little more
harshly. O'Neill fundamental strengths were his
intelligence and his willingness to say what he though even if it
roiled markets and politicians. His fatal flaw was that he knew he
was intelligent, and therefore never considered the possibility that he
could be wrong. Also, saying what you think is not the most useful
skill for a job that requires a fair amount of tact. Since O'Neill had
no political ambitions, his incentive to correct these flaws were nil.
Therefore, he never learned on this job. This led to three
substantive mistakes. First, he believed that all aspects of
government can be run like a business. Now, some aspects of government
can, but by design, democratic governments operate differently from
firms. His exasperation about this was palpable from day one. Second,
O'Neill never really understood the international dimensions of his
job. The purposes of the G-7, one of the most successful forms of
international policy coordination that exists, eluded him. The
statements he made about the Brazilian and Argentinian economies were
factually wrong and politically inane. Third, O'Neill doesn't know
squat about politics. He considered this a virtue, as someone who
could speak truth to power. But politics does matter. Without an
understanding of the way the process works in Washington, nothing
substantive can ever get accomplished. In the end, because of his
multiple gaffes, O'Neill had successfully alienated Congress, Wall
Street, the G-7, the financial press, and the bureaucrats in his own department. It takes real effort to simultaneously piss off that many groups. O'Neill is a man of extraordinary gifts. Unfortunately, those gifts had nothing to do with being a good Treasury Secretary. Wednesday, December 04, 2002
Posted
4:58 AM
by Daniel
Three
thoughts on this. The first is that, in the pursuit of homeland
security, our focus may be off-target. The major concern is that Al
Qaeda will hit major population centers or somew component of our
critical infrastructure. However, given Al Qaeda's philosophy and it's
post-9/11 material weakness, the likeliest places to be attacked may be
vacation resorts -- Hawaii, the U.S. Virgin Islands, Key West, and of
course, any Disney theme park. The second thought is that
these attacks highlight the degree to which Al Qaeda and the fringe
anti-globalization crowd often swim in the same waters. The latter
tend to decry the whole notion of developing countries serving as
vacation resorts for first-world travelers as some kind of
neo-colonialism. Read this excellent Jane Perlez story on
how tourism affects the Balinese economy, however, and you realize the
vacuousness of this message: "Hoteliers say each room generates 25
jobs: receptionists, cooks, gardeners, money-changers, guides, dancers
for nighttime entertainment, even lifeguards for protection at the
beach." The tourist economy in Kenya tells a similar story. Finally, many pundits criticized President Bush for his exhortation last year to fight the war on terrorism by going shopping. Both Democrats and "national greatness" Republicans said that was the time to marshall Americans towards some greater collective goal. I sympathize with this response, but it smacks of an attempt to match Al Qaeda in their humorless puritanism. I say Bush didn't go far enough in the other direction. Given Al Qaeda's current predelictions, the best way to fight the war on terror is to put our decadent brand of hedonism on full display. So my advice is to take a long, luxuriant vacation. From personal experience, might I suggest Captiva island in Florida? [Boy, you really know how to dispense tough love --ed. Yes, I am a harsh taskmaster that way.] Tuesday, December 03, 2002
Posted
11:34 PM
by Daniel
I know Kupchan and like a
lot of what he's written, but I think he's dead wrong in this book,
albeit for different reasons that Olsen. On Europe, let's be generous
and assume that the EU is on the path of becoming a real state. Is
Kupchan right about Europe becoming a great power peer balancing
against the US? No, because even Kupchan doesn't think this will
happen. In the Salon interview, he admits, "The likelihood of
military conflict between the U.S. and Europe is very low, almost
beyond the stretch of imagination." He acknowledges that Europe is
highly unlikely to invest in the necessary defenses. Without that, any
talk of actual balancing behavior is moot. If you read the interview,
you see that what he's talking about is really "pseudo-balancing,"
adopting different positions on issues like Kyoto, the ICC, and so on.
Don't get me wrong, these kinds of regulatory issues are intrinsically
important (they're the subject of my next book), but they are not
war-starters. Contrast what Kupchan thinks is balancing with what Josef Joffe describes as simple European petulance. To paraphrase Woodrow Wilson, the battles between the EU and the US will be fierce because the stakes will be so small. The
second reason Kupchan is wrong on Europe is demography. Europe is
aging a hell of a lot faster than the United States, and its immigrants
are far less integrated into civil society. Even if Europe is a
unitary actor, it will be a declining power. When he presented this
argument last month in Chicago, I asked him how Europe would handle its
demographic decline, and his answer was that it would have to be more
welcoming of its immigrants. Given that most of its immigrants are
Muslim and that the EU can't bring itself to seriously consider Turkey,
the one secular democracy in the Middle East, for membership, I don't
see this happening anytime this century. Finally, on U.S. opinion favoring isolationism and unilateralism, consider the following two facts. First, polling data in the U.S. consistently shows that a broad majority of American favor both an internationalist and multilateralist foreign policy. Don't take my word for it, go read Stevel Kull and I.M. Destler's book, Misreading the Public. Second, because the post-9/11 world is like the Cold War era in that world affairs is considered important by voters, it is highly unlikely that foreign policy leaders are going to stray too far beyond the consensus that Kull and Destler describe. Monday, December 02, 2002
Posted
9:32 PM
by Daniel
Is this fair? A full answer would require a much longer post; the short answer is yes and no. [What do you know about this?--ed. I'm a political scientist who did policy work in the government for a year, courtesy of the Council on Foreign Relations International Affairs Fellowship.]
It is undeniably true that political scientists often crash and burn
when they enter the policy world -- as seems to be the case with
DiIulio. I don't have tenure yet, so there's no way in hell I'm going
to name names. Is this because they didn't understand the way politics
actually works? It might be safer to say it's because they don't
understand the art of management, a point Franklin Foer made two years ago in the New Republic. That
said, Condoleezza Rice, another political scientist, seems to be
thriving in this administration, even though many DC insiders predicted
she'd get eaten alive by Rumsfield, Powell, Cheney et al. Political scientists per se are
not congenitally incapable of prospering in government. And the tools
of political science are a vital component of their success. [What about Ruffini's argument that history is more useful?--ed.
They're both useful -- but woe is the man that relies only on history
as a guide to DC. Many policymakers rely on theory to guide their
decision-making, but the theory comes in the form of weak historical
analogies that get them into trouble.] I suspect the real
difference between those political scientists that succeed in
government and those that fail is that the successes know the limits of
their trade. The most useful models of politics -- like the most
useful models of any set of complex behaviors -- are abstracted from
reality. The most capable political scientists know the proper limits
of those models. They recognize that other sets of skills matter,
skills that go way beyond social science. What those skills are, I'll
get into in the next couple of weeks. P.S.: This phenomenon is not unique to political scientists by any stretch of the imagination, nor does it apply only to Republican administrations. Joeseph Stiglitz and Laurence Summers were both distinguished economists who took reasonably high offices in the Clinton Administration. In 1992, If you were to predict which of them would do better, it would have been Stiglitz, since he was the more affable of the two of them, and Summers already had some bad blood with Al Gore. But Stiglitz crashed and burned, leading some considerable bitterness, as this Atlantic Monthly piece makes clear. Summers, in contrast, managed to thrive because he learned from his early mistakes, as David Plotz pointed out.
Posted
1:01 PM
by Daniel
This leads to the following question: how the hell is Esquire getting the dirt that no one else can? In the spring, you might remember, they were the ones to publish a bizarre Andy Card confession about the behemoth that is Karl Rove. Now, according to Drudge and the Times, the magazine has scored another tell-all interview.
This one's with John J. DiIulio Jr., the former head of Bush's
faith-based initiative. He confirms Card's gaffe -- Rove is running
everything. This latest dust-up just prompted a White House denial. (Update: Drudge has posted DiIulio's long e-mail that formed the guts of the article) One substantive comment and one smart-ass comment. The substantive comment is that according to the Times story,
"Mr. DiIulio says the religious right and libertarians trust Mr. Rove
'to keep Bush 43 from behaving like Bush 41 and moving too far to the
center or inching at all center-left.'" As a pragmatic libertarian, I
think that DiIulio is both logically and factually wrong. He's
logically wrong since on social issues libertarians will espouse views
that are pretty far to the left [take it away, Jacob Levy; He has--ed.]. He's factually wrong, since libertarians are not happy with this White House on either homeland security or foreign economic policy. The latter most defintely has Karl Rove's fingerprints. Which means that despite the Weekly Standard's claims that libertarians should consistently favor Republicans, libertarians might not want Karl Rove to have that much power. The smart-ass point: if a "sophisticated" men's magazine like Esquire can
get quality dirt like this, imagine what less sophisticated men's
magazines could dig up. I call on the White House to extend press
credentials to reporters from Maxim, Stuff, and FHM immediately!! [Did you really have to link to those magazines?--ed. Just trying to be thorough!] UPDATE: DiIulio now denies making the comments. Card provided similar denials last spring. Ron Suskind wrote both pieces for Esquire. Here's Suskind's response to DiIulio's denial. Maybe Suskind's just making it all up, but the guy's a former Wall Street Journal who won a Pulitzer, so I have to think there's some truth to the stories. Looking at DiIulio's e-mail, I suspect this is a case of a person upset by a reporter's spin, not the facts themselves. Patrick Ruffini disagrees. TNR's blog provides a nice summary of the plausible explanations for DiIulio's comments and retractions. Hmmm, another thought.... maybe men's magazines encourage the same kind of fantasizing with their feature articles that they do with their profiles of attractive women. In which case, having Maxim or Stuff in the White House press corps could produce "reporting" along the lines of Robert Reich's notorious memoirs, but more titillating.
Posted
12:30 PM
by Daniel
For evidence of the former, check out this great link on how Zimbabwe is unintentionally highlighting the virtues of the Washington Consensus, and then this piece on the problems with NAFTA (not the one's you'd think). For evidence of the latter, see this post gleefully contrasting Ashcroft quotes from 1997 and today. Now, the libertarian in me agrees with DeLong that Ashcroft is probably more sanguine about enhanced executive powers now because he's in the executive. However, the pragmatist in me simply cannot swallow DeLong's assertion that, "the world today is about as dangerous a place as it was back in 1997. The threat of international terrorism is of the same order of magnitude now as it was then." The heightened insecurity of a post 9/11 world does provide a justification for Ashcroft's flip-flop. That might not be his actual reason, but it's still a pretty good one.
Posted
11:20 AM
by Daniel
In
the U.S., media outlets ritually stress their devotion to objectivity
(fair and balanced, anyone?). However, outlets are beginning to drift
to one side of the political fence or the other. There are lots of
ideational reasons for this (I suspect that post-9/11, the reader
demand for a consistent philosophy to put news coverage into a clear
context has increased) but the most important might be that it
increases profits. Consider Seth Mnookin's Newsweek piece on the "crusading Southern populist" (i.e., liberal) bias in the New York Times. The piece is mostly about the Times' leftward
shift under Howell Raines, but it contains another interesting nugget
of information: "their game plan is working—at least at the newsstand.
During a time when many papers are losing circulation, the Times, which
has aggressively pursued a national readership, has seen increases over
the past six months, with most of that uptick coming outside the New
York metropolitan area." Now, contrast this with the following information contained in the New York Times' favorable Sunday piece on Fox News:
"Fox News reported that its prime-time viewership had grown 17 percent
for the month, compared with November 2001, while CNN's prime-time
ratings fell 31 percent, continuing a pattern of dominance by Fox in
the cable news wars. In the 24-hour cycle, Fox has a solid lead over
CNN, and has left MSNBC in the dust." For all the talk
about the Blogosphere fracturing into snug ideological cocoons, it's
the mainstream media that could be headed in this direction. I'm on
the fence about the implications. One clear downside is the tendency
for ideological zeal to overwhelm a concern for accurately nailing down
the hard facts of a story. All sides are guilty of this -- click here
for the New York Times' headline fiasco and here for brouhahas involving the Washington Times. Still, I suspect it won't be an entirely negative phenomenon, so long as a market still exists for an Independent-style
of neutral publications. A chief virtue of an ideological press is
that when a media outlet goes against its natural ideological biases,
it carries great credibility. If Fox News were to argue in favor of stricter gun control laws, it would make people notice; ditto if the Times were to ever argue in favor of restricting abortions. [Why haven't you mentioned Paul Krugman's criticisms of media bias this past Friday?--ed.
Because Krugman wasn't thinking like an economist in that piece, he was
posting as a liberal. An economist would celebrate the 67% increase in
market competiotion for television news, and point out the utility of
ideological brands as a useful signal in a market defined by imperfect
information. His concern is the growth of conservative media outlets.
This tendency of Krugman will be the subject of what the Times would
label a "sophisticated exegesis of a sociological phenomenon" -- and
what I will simply call a lengthy post -- later this week). Developing.... over the next couple of years. UPDATE: Tapped weighs in on this phenomenon as well. Kevin Drum has some thoughts on this as well; check it out for his hysterically funny "solution" to the problem.
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