Bryan Caplan - Nurturing Orphaned Ideas

Bryan Caplan is a Professor of Economics at George Mason University and a New York Times Bestselling author. His most famous works include: The Myth of the Rational Voter, https://www.amazon.com/Myth-Rational-Voter-Democracies-Policies/dp/0691138737 Selfish Reasons to Have More Kids, https://www.amazon.com/Selfish-Reasons-Have-More-Kids/dp/0465028616#:~:text=%E2%80%9CSelfish%20Reasons%20to%20Have%20More,%2Do%2Dnomics%20pop%20text. The Case Against Education https://www.amazon.com/Case-against-Education-System-Waste/dp/0691174652, and Open Borders: The Science and Ethics of Immigration. https://www.amazon.com/Open-Borders-Science-Ethics-Immigration/dp/1250316960 I talk to Bryan about open borders, the idea trap, UBI, appeasement, China, the education system, and Bryan Caplan's next two books on poverty and housing regulation. Watch on YouTube https://youtu.be/r4AkTmqvWzM. Listen on Apple Podcasts https://podcasts.apple.com/us/podcast/1-bryan-caplan-nurturing-orphaned-ideas/id1516093381?i=1000476263301, Spotify https://open.spotify.com/episode/1pLDCwyZc1Tr53PrlfERKy?si=34c747dc30b84ced, or any other podcast platform. Follow Bryan on Twitter https://twitter.com/bryan_caplan. Follow me on Twitter https://twitter.com/dwarkesh_sp for updates on future episodes. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.dwarkesh.com https://www.dwarkesh.com?utm_medium=podcast&utm_campaign=CTA_1

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Speaker 00

  Okay, we've got a great guest for the inaugural episode of the podcast. Today, I'm speaking with Brian Kaplan. He's a professor of economics at George Mason University and a New York Times bestselling author. He's written The Myth of the Rational Voter, Selfish Reasons to Have More Kids, The Case Against Education, and, most recently, Open Borders: The Science and Ethics of Immigration. Here's Professor Kaplan.

• 0:25Dwarkesh Patel?

  Okay, so from Twitter, Martin asks, "What are you criticized most for, being too radical or not radical enough?"

• 0:31Bryan Caplan?

  I would say I'm definitely criticized for being too radical. Most of my colleagues are less radical than me, especially the ones that are right down the hall. In terms of people that say I'm not radical enough, that's really pretty rare, actually. I think that I've got enough controversial statements under my belt that people focus on that. I mean, there must be a few people who are annoyed at me for not being radical enough, but I hardly ever encounter them, really.

• 1:00Dwarkesh Patel?

  Okay, so I think Martin's one of these people because his next question is, he disagrees with you that people wouldn't learn numeracy and literacy if not for school. He thinks that if it's so useful, people would just learn it automatically. Do you disagree?

• 1:12Bryan Caplan?

  So, I don't think I ever said that people wouldn't learn it if not for school. So, is he talking about public school or any school?

• 1:20Dwarkesh Patel?

  Yeah, he's talking about public, like, when you say that school should, other than numeracy and literacy, they're not imparting skills that are broadly useful.

• 1:27Bryan Caplan?

  So, I mean, that's a very different thing. It's one thing to say that school is imparting literacy and numeracy. It's another thing to say that without those schools, it wouldn't happen in some other way. So, I mean, I think what I say in my work is that the data are at least consistent with people acquiring a decent amount of literacy and numeracy in school. You might still say that they are in school and they're trying to teach it, but they're learning it elsewhere. There's probably some of that going on, but I think the point that if there were a large reduction in public spending on education, that people would still learn literacy, numeracy, and probably would, although I think it would be somewhat mildly reduced, anyway.

• 2:07Dwarkesh Patel?

  How so? For what reason?

• 2:10Bryan Caplan?

  Well, at minimum, there are always some parents that just don't pay very much attention to their kids, neglect them, and of course, there are a lot of kids that especially do not like math. So, put that together. You know, I would say whenever people have asked me, what's my main criticism of homeschooling? I have said math skills is the big problem. So, of course, some people learn a pile of math in homeschool, but if you do the unschooling option, where you just tell the kids they can do whatever they want, and the kids aren't motivated to learn math, a lot aren't, then they really don't learn very much. I have met quite a few very smart adult homeschoolers who are still very weak in math because they were unschooled. Again, I'm not saying, I think that it is a much smaller deficit than public school propaganda would have you expect,

• 2:55Bryan Caplan?

  but it still is noticeable, and research does bear this out, if I recall correctly, that the most notable deficit of homeschoolers is math.

• 3:04Dwarkesh Patel?

  Okay, that makes sense. Okay, the next question is, I read an article you wrote in 2004 called "The Idea Trap", and it begins rather ominously, given our present circumstance. It's hard, your country's falling apart, unemployment and inflation are at sky high, world war is on the horizon, and there are riots in the streets, maybe not so much that one, but never fear, an election is coming up. Are we in an idea trap?

• 3:27Bryan Caplan?

  So, maybe. I mean, the only thing I'd say about that idea is, or the idea of the idea trap, it makes sense to me. I had some historical examples that seemed consistent with it. In terms of whether it's actually true, I'm not going to strongly say that. I think it's an interesting idea that I wish more had been done with it, but in terms of confirmation, I just haven't seen that much out there. But yeah, I would say that when conditions are bad, the pattern that at least I superficially see is the people panic and lose their heads and become very open-minded about ideas that really don't make a lot of sense. You know, I would consider the current one where, you know, like so, there's a...

• 4:10Bryan Caplan?

  Unusually severe virus, so let's lock down entire countries. That to me just seems like a crazy idea. It's one where there's very little precedent for in history. And again, once you realize especially that there's heterogeneous vulnerability to the disease, it sure seems like it would have been made a lot more sense to have said, let's go and isolate people that are vulnerable and have everybody else continue on about their lives with moderate precaution. But when people were losing their heads two months ago, that idea was not on the table. So, yeah, any and like, so if it seems likely there's going, you know, that we're going to see continuing shortages and possibly a return of inflation, then again, I expect that there'll be renewed control

• 4:52Bryan Caplan?

  or calls for price controls and other bad policies, very historically discredited. But nevertheless, that's, I think that's the kind of thing that we're likely to see if inflation does kick up.

• 5:02Dwarkesh Patel?

  Yeah. Did you think that closing the border to China temporarily was a good idea?

• 5:07Bryan Caplan?

  So, I mean, at the time, I honestly thought that it was just an overreaction. Hindsight, what I would say is the main problem is that if only one country does it, but you keep your borders open to other kinds of travel, then people can go from China to Italy and then from, and then they get, and then if it spreads from Italy back to the United States, if you have American tourists in Italy. So, I mean, the main thing that I'd say about closing borders is that we already have something like 98% closed borders. If you really actually look at how hard it is for people to travel, travel internationally, especially if you're from a poor country. And to have really stopped this, you'd have to have gone all the way up to near 100% closed.

• 5:46Dwarkesh Patel?

  Right.

• 5:47Bryan Caplan?

  So, again, in hindsight, if you could just do that temporarily, then I think that probably would have been a good idea. So if we could just have two months of no international travel in or out, and then things go back to normal, great. But again, that's something where if other countries on earth don't do it and they have big problems, then it's not enough just to shut down for two months. You really possibly have to shut down indefinitely. In terms of what island nations that have kept the disease out, what is their long run plan? I don't think they really have a long run plan, right? Yeah, so they're just going to remain isolated forever. The countries in the Caribbean, so much of their economy comes from tourism. You know, like without tourism, I really don't see that they've got much of anything going on. Actually, I was recent, I was actually on one of the last cruise ships on earth.

• 6:31Bryan Caplan?

  So I was cruising around the Caribbean. My cruise ship actually was, oh yeah, we are like, like it was one, it was flagged for having coronavirus cases on it. And then it turned out that no one on my ship really had it. But that was just the luck of the draw, actually.

• 6:46Dwarkesh Patel?

  When was this?

• 6:46Bryan Caplan?

  Yeah. Uh, this was, uh, early February.

• 6:50Dwarkesh Patel?

  Okay.

• 6:50Bryan Caplan?

  Yeah, you just missed. So, you know, like, basically, my ship and three others were all flagged. And I think all three others actually had coronavirus and mine didn't. Anyway, so like for those Caribbean countries to say, we're going to permanently go have no international travel, you know, would just be a crazy option for them because their whole economy is based on tourism. And if you're there, you really just say, like, without tourism, I don't see much of anything is going on here.

• 7:15Dwarkesh Patel?

  Right. Okay. I want to understand your model of how policies change. So step one, we have a brilliant economist write a comprehensive book called Open Borders. Step three, we have radical immigration liberalization. What's step two?

• 7:30Bryan Caplan?

  Right. So, I mean, I think, you know, honestly, I just don't think that step three is likely to follow from step one alone. If you have a thousand things like step one all together, then maybe. Right. So I mean, I would say, you know, I, I, I don't consider myself that persuasive. I'm highly persuasive to a very small number of people with a very specific personality type. And for otherwise, I wish I were, but I just don't see much sign that I actually am all that persuasive to people. So in any case, what's, uh, what, what is the path from writing to, to change people's minds? Saying, you know, if you have a large, a large amount of writing, that actually is persuasive to especially elite young people,

• 8:14Bryan Caplan?

  then over the course of decades, I think that does make a difference. So there are a lot of radical ideas, or seeing ideas that seem radical at the time, that were aggressively sold to, to young elites. And then when those young elites actually take over, then those ideas start to be implemented. So again, you know, things like, you know, gay marriage or marijuana legalization, these right views that. They were sold for a long time and finally they did break through and became conventional wisdom among young elites and then I think we are seeing a lot of changes in those directions. So that is my main hope. You know, I mean, I think the main thing I would say just for my work is, you know, like I'm just one person, so it's not reasonable for me to expect myself

• 8:58Bryan Caplan?

  to fundamentally change the world, right? All I can do is just try to put a little bit of weight on the scale and try to achieve something that way and get some comfort from the idea if I raise the chance of this by point oh one percent compared to the effort required, it was actually still a good deal. My buddy, you're like, honestly, you do have to expect to fail.

• 9:18Dwarkesh Patel?

  Yeah, I think your impact has been bigger than that, but so how do you think these ideas get into the mainstream? Is it by charismatic politicians or is it by media figures who endorse them?

• 9:29Bryan Caplan?

  Yeah, so there's a lot of different mechanisms. So one of them, at least for the kind of thing I do, I think that really I have trouble talking to anyone other than elites, you know, broadly defined, not just people that are actually leaders, but you know, like high kinds of kids that go to Ivy League schools, that's an audience that I feel like I can effectively communicate with them, right? So, you know, you go and change their minds and then they go off and do all the different things that elites do. So some of them are working in politics, some are in the bureaucracy, some are in think tanks, some are working in the media, right? So, you know, the idea that gay marriage, that just television made a big difference for that by showing sympathetic gay characters, that's very plausible to me in terms of social science. I would be lost to actually have

• 10:13Bryan Caplan?

  any real hard evidence there, but still it seems very plausible if you live through that time to think that just putting those images in front of people made a difference. The character of Apu on The Simpsons, who has now been removed, which because people consider him offensive, like this is one of the most sympathetic and beloved Indian immigrants in the world. And, you know, he's been removed. I mean, I think that character actually probably made a difference in terms of making people more pro-immigration. And I can't prove it. I don't have any good Apu data or anything like that, but just having lived through that period, it seems very plausible.

• 10:52Dwarkesh Patel?

  Have you heard Eric Weinstein's arguments against more immigration?

• 10:55Bryan Caplan?

  So I've heard a bunch of people say what his arguments are. I don't know that I've actually listened to him, but do you want to go over?

• 11:02Dwarkesh Patel?

  Yeah. So one of his arguments is that one of the main rights a citizen has is asymmetric access to his or her own labor market. What do you think of that?

• 11:12Bryan Caplan?

  Yeah. So, you know, I would say that that is then the violation of the right of employers to hire who they want. So again, legally, of course, that is what the system is, that you've got to have permission from the government in order to work. But the idea that this is a morally defensible policy, it seems to me to be pretty crazy. And again, morally, like, how is this different from going back 60 years and saying, one of the rights of belonging to a race is to have asymmetric access to those labor markets based upon race? You know, it's a description of what existed. But in terms of, yes, but there's a black worker, a white employer wants to hire him, what business does a white competitor have to say,

• 11:52Bryan Caplan?

  no, I have asymmetric access? I mean, to me, this is something where it's really only seems acceptable because it exists. It's one where status quo bias does dull our sense of moral objection to it. But if we started in a world where everyone had access and then someone suggested, let's move to one of asymmetric access, people would just think it was crazy.

• 12:13Dwarkesh Patel?

  But isn't there a difference here in the sense that with discrimination, especially when the government allows or conducts it, within, like, there's a difference between the government distinguishing a certain set of citizens to give them special privileges, and then the government not distinguishing between non-citizens and citizens for privileges?

• 12:30Bryan Caplan?

  Well, what I say is, in a sense, the Jim Crow argument was that blacks, blacks living in America, even if they're born there, aren't really full citizens.

• 12:39Dwarkesh Patel?

  But.

• 12:40Bryan Caplan?

  And then as to what the answer to that is, if someone just said, yes, I agree, all citizens should have access, but I don't think that African Americans should be citizens. Or in fact, you at that time in the South, you might say they aren't, they aren't. So they're in, you might say they're in this intermediate zone where they have limited access. And the only rationale for that, since all citizens should be treated equally, is that they aren't really citizens. Right? And as to what the answer to that would be, I really have trouble understanding it. So again, of course, you're going to say, well, look, this is what we as a people have decided. It's like, well, you've decided it and you forced it down the throats of a large number of people that would be very happy to hire immigrants. And of course, you in no way consulted the would be immigrants in the first place.

• 13:22Bryan Caplan?

  So we as a society, it's basically starts off by begging the question and saying, well, we're the ones that get to decide this. Who's that? Well, the people that agree with this are the ones that get to decide it.

• 13:33Dwarkesh Patel?

  Right. Do you think the government has a special obligation to people born here and who are considered citizens under our conventional definition?

• 13:40Bryan Caplan?

  Right. I don't, but I consider that a much less unreasonable view than the view that it's okay to prevent foreigners from getting a job. So in other words, if you were to say, look, citizenship has its privileges, just like being in a family has its privileges. So just as a person in a family is entitled to get special help from his family, so too people that are citizens are entitled to get special help from the country. That argument, I disagree with it, but that seems reasonable compared to it's okay for us to make it illegal to go and hire someone that isn't a member of the family or that has someone that isn't a citizen. So again, to me, immigration laws are a lot like going and slashing the tires of someone that's competing with your kid for a job. It's one thing to say that he's my kid, so I can give him special presents on his birthday, or I can let him live in my house rent free.

• 14:25Bryan Caplan?

  Another thing to say, it's okay for me to go and do bad things to other people that are competing. Even at something like a sporting event, if the idea that it's okay to go and tip the scales and let your kid win, even though he wasn't the best because he's your kid. Almost no one agrees with that. And what I have said, in fact, that there is an interesting analogy between country and family. The difference is that for favoritism of family, we very broadly accept a great many norms about how far you're allowed to go with that. And I know it's easy for people to accept that you can go too far, that people do go too far. Right, so slashing a competitor's tires to help your kid get a job is not okay.

• 15:05Bryan Caplan?

  On the other hand, for nationalism, the idea that you might be going too far in helping a fellow citizen is one that, or the government policy might be treating non-citizens unfairly for the sake of citizens. It's one that people barely mention. So while there is an analogy, you know, familial nepotism is just much less dangerous because we do at least accept the general idea very strongly that there are limits and people often go too far, whereas for nationalism, you really have to get to the level of narcissism before people start saying it's going, it's getting out of, it's getting out of control here.

• 15:38Dwarkesh Patel?

  I think you and Eric Weinstein have a completely different framework of understanding what a free market and immigration would mean. So he thinks that when we import labor into the country, that in effect is interference with the market because we're interfering with the labor market. How do you dispute that framework?

• 15:57Bryan Caplan?

  Yeah, so you would see, obviously in a sense is semantic, right? So you say, well, if the correct starting point is a system of tight regulation, then not enforcing the regulation is interference. And I do think this is a semantic argument, whereas ordinary usage is strongly on my side. So if you say that it's interference to allow foreign products, to allow foreign goods into a market and a free market would, a free market starts off having zero international products and interference is allowing international products in, say like, that's just not the way that ordinary usage says. So, and again, like, you know, in ordinary usage, there is a distinction between action and failing to act, which

• 16:38Bryan Caplan?

  we generally don't have a lot of trouble applying. Yeah, of course, if you are very determined just to use words in an unconventional way, or just to play off the status quo and say, well, since the status quo is this, anything that moves the status quo counts, then you're going to end up with his version. But, and I think that's just a very strange way of looking at it. I mean, especially, you know, like, so I have known quite a few libertarians who say, well, immigration's like trespass and you don't have the right to be here without a permission. But, so you say, all right, fine, then how about is international trade like trespass? Because you don't have the right to set up a store in my house unless I say so, right? And allowing unpopular religions, that's also, is also not allowed because you can't, you can't set up a satanic church in my house. So similarly, you need the permission

• 17:23Bryan Caplan?

  of the American people to set up your satanic church in the country somewhere. So usually what I'd say is that if you think about countries as being the collective property of their citizens, then all libertarian arguments, so all principal libertarian arguments will just make no sense to you. You know, I would just say it really does not make sense to think of a country as being like, as being the collective property of the citizens. Like, how is this club formed? It was formed involuntarily, there was never unanimous consent. And that really is the heart of any kind of, of any kind of club is when it starts, everyone involved agreed to be there. You can't start a club that includes a bunch of people that are non-consenting. And that really is what distinguishes countries from, from, from almost any other organization is that they start without unanimous consent.

• 18:08Dwarkesh Patel?

  Okay.

• 18:09Bryan Caplan?

  And then, then, then they, they work on the fiction of unanimous consent in order to silence opposition. But I'd say really the, the obvious rationale for saying that countries can't do whatever they want is that they really are not like other organizations. You could also just say, you know, even if they were, they're based, they, they have such a large market share of the monopolies. And if anything should be regulated like a monopoly, a country should be, I can say that as well.

• 18:34Dwarkesh Patel?

  But going back to this previous question, if countries don't have special obligations to their citizens, then what, couldn't the president just say like, listen, we're not going to spend any money on social security when we could be buying millions of malaria nets and vaccines for Sub-Saharan Africa?

• 18:47Bryan Caplan?

  Yeah, I mean, I think that actually would be, would be totally sensible. If you're going to be redistributing, you should be redistributing towards people in a way that actually gives the largest benefit.

• 18:56Dwarkesh Patel?

  Okay.

• 18:57Bryan Caplan?

  Yeah, so, I mean, again, like, you know, the social security program, of course, is marketed with the idea of we're taking money in exchange for something. But if you look at it closely, it's, this is a fig leaf. It is highly redistributive. And, and of course, it's also one where you can't opt out. So it's not really like a real investment program. And, you know, partly people realize, well, if you opt out, then the people that are getting ripped off by the system wouldn't want to participate anymore. Right, so yeah, but I would say that insofar as you are doing course redistribution, the correct rationale would be that there are enormous gains that we can get out of this. So it's a very tiny loss to the people that are losing, enormous gain to people that are benefiting.

• 19:37Bryan Caplan?

  Right, but again, like as I said, using government to asymmetrically redistribute seems much less indefensible than using it to say that you weren't allowed to get a job from a willing employer.

• 19:51Dwarkesh Patel?

  Yeah, it's funny because you are the straw man that people who aren't completely open borders or for redistribution from the developed to the developing world are charged with. You know, but yeah, it does seem like a sensible.

• 20:02Bryan Caplan?

  Yeah, so again, so I'm not aggressively saying that we should be redistributing a lot to the third world. In fact, I say it's this whole mentality of redistribution first that I think has caused so much harm to the world. You know, the right question asked is, are we doing anything that is preventing them from taking care of themselves first? Right, so I mean, I'm very fond of talking about the scene at the beginning of the first Godfather movie where Sonny Corleone gets mad at a photographer, grabs his camera, smashes it, and then takes some money out of his wallet and tosses it on the floor and walks away. Right, and I think this is a nice symbol of the way that both economic policy and foreign aid work in the first world. Step one, you say that people aren't allowed to come to your country to get a job and work their way out of poverty. And then step two, you go

• 20:47Bryan Caplan?

  and after they are looking at the ruins of their lives, you then go and chuck out a little bit of money and walk away and say, hey, we're even. So I think that's really, really is a very nice image for what goes on in the world. So you know, like first thing up, foreign aid is such a rounding error, and it would be far better to focus on like, could we just open up the conditions so that people in poor countries can both work their way up out of poverty as well as send money home, right, which is, you know, it's not just a solution for people that migrates, it's a solution for anyone that has social ties to anyone who migrates.

• 21:21Dwarkesh Patel?

  Okay, shifting gears a bit to education.

• 21:28Dwarkesh Patel?

  I guess it doesn't make sense to me why people would be so much in support of education. If you're right, and they all have been through the system, and they all realize how wasteful it was.

• 21:39Bryan Caplan?

  Right, yeah, so just to back up. So what I say in the case against education is that the main reason why education pays the labor market is not that you learn useful job skills, but rather that you get a stamp on your forehead certifying you as a high-quality worker. This is, in some ways, a controversial idea, but I will say, out of all the controversial ideas that I defend, this is the only one that normal audiences of Americans agree with when I present it. All my other ideas, I can tell that normal audiences are just barely on the edge of saying, "No, no, no." When I describe education this way, actually, even very ordinary audiences of Americans, like, "Yes, yes, of course, that's the way it works, yes, yes, yes."

• 22:20Bryan Caplan?

  And normally, the only time in these talks where I suddenly get resistance again is when I say, "Let's go and cut funding." And that's where people get very upset. And, you know, say, "Yes, yes, you've convinced me this is a wasteful rat race and that we were better off with people at less education, but I don't want to spend any less money on it. We want to keep spending all the same money."

• 22:40Dwarkesh Patel?

  Why do you think that is?

• 22:42Bryan Caplan?

  Pardon?

• 22:43Dwarkesh Patel?

  So why do you think that is, if they realize it's...

• 22:45Bryan Caplan?

  Right, so here's the thing. As long as you're just talking about what really, what's really going on, then you can get people to reflect upon their own firsthand experience, and then I think people do agree with me. Once you start thinking about policy, this is where people turn off their dial of firsthand experience and turn on all the propaganda they've been hearing their whole lives about how wonderful education is and how every dollar is wonderfully well-spent and how nothing's more important than our kids' education. So in my book, I talk a lot about social desirability bias. It's really a fancy psychological term for the obvious fact that when the truth sounds bad, people lie. And if you tell the lie enough, often you start believing yourself.

• 23:28Bryan Caplan?

  So I think that's really what's going on. I think that descriptively, actually, for once, this is something where there's very broad agreement with my story. But the, to actually change policies result, this is where it then starts to impinge upon people's political religion, a big part of which is nothing's more important than education and every dollar is well spent. And, and again, I mean, just the level of cognitive dissonance that you would expect, where someone's saying, "Yeah, yes, it's totally wasteful. Let's spend less." No, no, no, we can't do that. I've seen this many times. So I think you really have to think that there are two very different modes. There's a mode of firsthand experience where I can get people who walk with me a very long way. And, but then there is the area of policy, which is not based on firsthand experience. It's based upon what people are supposed to say.

• 24:14Dwarkesh Patel?

  You don't have to tell us too, but have you, has there ever been like a prominent politician you convinced of, the case against education or open borders?

• 24:21Bryan Caplan?

  So prominent politician, as far as I know, no. So I mean, I, you know, there's, so for the education stuff, I've had contact from a number of lower level politicians. I actually did get to be in the same, same room, talking to Betsy DeVos, although the very same day that I talked to her, she had, and she said something on Twitter that directly contradicted what I was saying in my talk to her. So as to what's going on, possibly I just was totally convincing to her. Possibly she wasn't thinking it through. Possibly she was completely convinced, but knew that that was not good for business. Who knows?

• 25:00Dwarkesh Patel?

  Yeah.

• 25:01Bryan Caplan?

  I mean, I think what I have succeeded in doing with education is at least tipping some people a little bit, you know, with influence, a little bit more in the direction of not having, say, free college for all. So I, again, this, even this may be wishful thinking, but I think I may have tipped the scales like point one percentage points to, against free college for all. So, I mean, of course, I can't even really measure that. But, you know, like that seems plausible to me that I just put a little bit of extra weight on the scales of, let's at least not make this wasteful thing free.

• 25:37Bryan Caplan?

  But again, wouldn't, wouldn't it all surprise me if, say, Biden wins and then they throw free college, free college for all in as a temporary coronavirus measure and then it gets made permanent later on?

• 25:48Dwarkesh Patel?

  Yeah. Speaking of which, which of the 2020 candidates in the primaries, did you prefer the most?

• 25:55Bryan Caplan?

  So, limited to major party candidates?

• 25:58Dwarkesh Patel?

  Yeah. Let me ask you about that. Do you vote third party generally, given how much you probably disagree?

• 26:06Bryan Caplan?

  So, no, I mean, I don't participate in the system. It's one, you know, it's not an absolute principle. So, if it actually weren't totally up to me, or if there were only 10 voters, then I would vote. Right? But, just, you know, like, the combination of knowing how objectively unlikely I am to change the outcome, with just what a corrupt and disgusting system it is, you know, those two things to me are enough to keep me from not participating. I definitely don't condemn anyone who participates. I think that Jason Brennan worked it out, worked out the ethics of this very well, and has spoke the ethics of voting. I'd say is, there's no obligation to vote, but if you do vote, you have an obligation to do so in a, well, you know, based upon common sense and common decency.

• 26:51Bryan Caplan?

  Yeah, but if I had to choose between the candidates that were available, let's see. So, let's see, so, if you were to, you know, there were a few alternative Republicans, you know, again, like, you know, never really got off the ground, but probably I would have chosen someone like, you know, like, you know, Justin Amash or William Weld out of possible Republican nominees, out of Democrats. I mean, Biden is actually close to my first choice, just because he's so old and confused and I don't think he inspires anyone, and I do not like inspirational leaders. I like boring troglodytes. Right? They are the least bad people.

• 27:30Dwarkesh Patel?

  But, if you want a libertarian candidate who's going to radically change the Overton window on, you know, what the ideas we're considering are, wouldn't you want a sort of charismatic libertarian to come along?

• 27:43Bryan Caplan?

  Ah, yes, well, if there actually were a charismatic person supporting something good, then yes, I think that would be great. I just don't see any sign of that. So, you know, I mean, I say that, you know, like, overwhelming number of cases that there is a charismatic young leader around, that's, oh, God, this is terrible. Or, even a charismatic old leader, like Trump, when he went, like, when he was first there, like, oh, no, this is terrible, people like him. Right? You know, not everybody, of course, in fact, most people don't like him, but there is a core, there's a large core of people who love him, and that's dangerous. Right? You know, just in the same way that any time there's a religious revival in a highly religious society, it's just dangerous, it's just better if people are bored.

• 28:24Dwarkesh Patel?

  Right. Okay, this is gonna come out of nowhere, but I was curious what you were like when you were nineteen.

• 28:31Bryan Caplan?

  Ah, much worse than you. Much worse. When I was nineteen, I was still at a, just a big intellectual chip on my shoulder. I was, you know, so there was only the beginning of the internet. So if you want to talk about ideas, you basically define people in real life and get them to talk to you about it. I talked to you, I talked to you about ideas, and it was hard to find people like that. So I basically just took anyone who didn't immediately say, I refuse to talk to you about this stuff, and just tried to make them talk to me about ideas. And not in a friendly way, along the lines of, you probably think this terrible popular thing, right? Right? You probably think minimum wage is a good idea, right? Well, you're wrong. Here's why. So that's basically what I was like. By the time I was nineteen, I was already simmering down.

• 29:10Bryan Caplan?

  I was at my absolute worst when I was seventeen. Right? So when I was seventeen, I was basically attempting to hijack every class conversation and say, and now, you know, first of all, let me say the terrible things you all believe, and while you're all terrible for believing them, and now, obviously, you're going to admit you're all wrong and agree with me, or else you're scum. Alright, so that really was my attitude when I was seventeen. And the fact that all my friends didn't just purge me, I'm very grateful to them. So thank you, friends, for not completely getting rid of me. And all the people that I alienated completely needlessly. Right? And I'll also say I had no really good excuse, because around that same time, I did read Dale Carnegie's classic, How to Win Friends and Influenced People.

• 29:49Bryan Caplan?

  And when I read it, I knew it was true. I just didn't care. I wasn't ready to listen. So, you know, on the other hand, you probably would have liked me, because anyone who wanted to talk about ideas and was at least sympathetic to what I was saying, then you were my immediate best friend. And you're like, oh, this person's great. I love this person. Why? Because the person talks to me about what I want to talk about.

• 30:13Dwarkesh Patel?

  Yeah.

• 30:15Bryan Caplan?

  That was basically my cutoff for whether any person was worthy of my time or not.

• 30:19Dwarkesh Patel?

  Yeah. But isn't there a case to be made for disagreeable people and disagreeable kids? Because if not for them, we wouldn't have books that just change the dialogue on the issues you've written about. Or if not for you.

• 30:31Bryan Caplan?

  Here's what I would say.

• 30:34Bryan Caplan?

  The case for them is very weak because there's no reason you can't have very controversial views and defend them in a very friendly way. And such people are generally much more effective. Every now and then, there is just a very strangely charismatic disagreeable person who manages to have a lot of influence by being themselves. So I think of Ayn Rand as being a really obvious case. Well, even there, the reason her ideas of having an influence is because she influenced some friendly people. So a very unfriendly person persuades some friendly people, then go and take the ideas to a broader audience. That can work, and there are some prominent examples of it. But still, I would say that's such an extreme long shot that it's just much better to present

• 31:19Bryan Caplan?

  your ideas in a excruciatingly friendly way. So, I mean, it is very hard to come up with other examples of people like Ayn Rand, especially for something good. So if you want to do something awful, then the highly disagreeable method is somewhat more effective. So for example, if you want to have a violent revolution, then you might basically say, here's the strategy. I'm going to find 1% or 2% of the population that are sociopaths. I'm going to get them on board with me with my violent radicalism. We're going to form an iron-fisted unit, something like building together a lot of reeds which will then strong, you know, one-steps, anyway, that idea.

• 32:04Bryan Caplan?

  And then we are going to seize power and we're going to start massacring everyone who disagrees with us. So for that, I think the disagreeable approach is somewhat more effective, right? But only for the purpose of gaining power and creating a tyranny, right? It's not effective for the purpose of actually making the world better, right? And, you know, by the way, so even Hitler, a notoriously disagreeable fellow, and you can definitely, you can see this in his speeches where he just seems to be a violent fanatic, or in his writings, he seems to be a violent fanatic. And yet, when people personally met him, they often described him as friendly and charming. So I think like Neville Chamberlain said, oh, well, you know, I thought he was just gonna be this lunatic.

• 32:46Bryan Caplan?

  And he actually had gray social graces and so on. It was a good sense of humor. Right. So even there, you know, I would say Hitler knew when to turn on the charm. And that probably was actually important for getting power, although, yeah, he did. Do very well just by being a horrible monster as well. But yeah, so what I'd say is, you know, being a horrible monster might be a good approach for creating a may an awful tyranny. But for doing good things to the world, I think it is a very bad approach. Almost always, but with a few exceptions.

• 33:19Dwarkesh Patel?

  Yeah, even Trump, who I'm not comparing to Hitler, but he's he's frequently noted as being a disagreeable person. But often people who meet him say that, you know, he's completely charming in in person.

• 33:31Bryan Caplan?

  Yeah, yeah, yeah. So, you know, I've heard that for other people, you know, like me. I mean, on the other, of course, there's people, you know, that, you know, like most people consider to be very charming overall, like Bill Clinton. Who to me just seemed like a sleaze, but you know, that's why he's president and I'm and I'm talking on the podcast.

• 33:47Bryan Caplan?

  Guy like him, to me, I just want to take a bath or just like just get away from him. I just couldn't stand listening to anything he said.

• 33:54Dwarkesh Patel?

  So I want to ask you what you think the the biggest sort of single decision failure was in human history. So the one decision that like just had the biggest negative impact. If you had to put that up, what would you nominate?

• 34:08Bryan Caplan?

  So in terms of ones where I think we can trace the effects most with most confidence. I would say any one of the major decisions at the beginning of World War, right before World War One. I think were tremendous importance. I mean, really, if any one of those major countries had just backed down. I think that it's likely that subsequent human history would have been much improved. Right. So I am very firmly against the view that World War One was inevitable. Right. I think, so I think that rather it there was a window of danger during which.

• 34:45Bryan Caplan?

  If two countries on opposite sides were to fight, then things could aspire out of control. But nevertheless, I think there was a good chance they could have just gotten through that window of danger period to a higher level of wealth and comfort and satisfaction with life. And I think that generally does give you peace. Basically, when, my general story about peace is that, once people don't, no longer remember what it was like to be anything other than fat and happy, you get peace. Alright, so there is this interview, there is this window when people have modern technology and modern economies, but the people there still remember when life was very hard and don't learn or are somewhat, somewhat accustomed to it. So that's the really dangerous period. So anyway, my view is basically if you would have kept peace in Europe for 20 or 30 more

• 35:30Bryan Caplan?

  years, then I think we could have avoided both world wars. And I don't think that it would have been that hard. I think it just would have required one of the, one of the major actors on either side to swallow their pride. So either for the Russians to swallow their pride and say, yeah, you can have Serbia, or for the Austrians or Germans to swallow their pride and said, well, we're not going to go and fight a world war over this. Or even for the French to have said, yeah, sorry, Russia, we're not going to have your back here. We don't agree with this. So I think any one of those would have been enough to have prevented World War One. And again, I think that the simple story without World War One, you wouldn't have had communism or Nazism or fascism. I think that's very plausible. And without those, you don't get World War Two. And so without those, we avoid most of the horrors of the 20th century.

• 36:16Dwarkesh Patel?

  But under that model where peace begets peace, how do you explain the fact that after World War Two, just wars just went drastically down? After, you know, the worst war, we had the longest peace?

• 36:26Bryan Caplan?

  Yeah, so there I am a big believer in nuclear weapons made a, made a big difference. Right? So mutually deserved destruction. But with the revise though, that nuclear weapons are ultra risky. So it increases the chance of peace, but it gives you a much larger chance of annihilation of civilization.

• 36:46Bryan Caplan?

  So I am definitely of the view that the Cold War could have easily ended in World War III, and we got lucky. Alright, so, anyway, like, you know, the question, you know, so, you know, like, what I would say is, we have enough documented close calls where nuclear weapons almost got launched, and it was a fairly minor person who prevented the launch, that I think it's just very hard to say that mutually deserved destruction was reliable. It worked, and it has some effectiveness, but the idea there wasn't a 5% or 10% chance of a full nuclear change during the Cold War, I think is very naive and dogmatic. But anyway, that is my story for why any other, any large further war was avoided between the major powers.

• 37:28Bryan Caplan?

  But, you know, even there, I think that there's always an element of randomness, so...

• 37:34Bryan Caplan?

  There are a lot of people who talk like Hitler who don't actually launch war wars. It's really true. There are a lot of people who just seem like they're foaming at the mouth, but when they're actually in power, they dial it down and just do some minimal stuff, so... I mean, here I think about, you know, Putin versus Hitler. So, I mean, Putin has gone and grabbed a bunch of tiny slivers of territory, and that's it. Right, and I remember when he grabbed Crimea and a little bit of eastern Ukraine, there were people saying, "Ah, well, he's gonna attack Ukraine." Hitler would have taken the whole thing and possibly precipitated World War II. Putin is someone who just grabs a little sliver of territory that's almost worthless, just to go and show that he can do it, just to, really, you know, to, basically,

• 38:19Bryan Caplan?

  basically to build hatred between the countries of the world. And just to be, you know, to be defiant and say, "You can't, you're not the boss of me. If I wanna grab a few cities in eastern Ukraine, eastern Ukraine, that's just what I'm gonna do. Tough luck." Right, whereas Hitler would grab a few stuff, and then he'd grab some more stuff and some more stuff, and it was just impossible to placate, as it turned out. But, you know, there are a lot of people that you can placate.

• 38:42Bryan Caplan?

  You may only so I mean I have I've written several defenses of appeasement. And when people always say, well, it didn't work on Hitler. And I say, you know what else didn't work on Hitler? Everything. There was nothing that worked on Hitler. He was just an impossible human being to deal with. Like, there's no way that you could get anything that you could like being nice to him didn't work. Being I mean to him didn't work. Nothing worked with Hitler. He was just an impossible person. So.

• 39:02Dwarkesh Patel?

  Okay, so in that case, then the argument would be, well, given that we're really trying to avert Hitler's, right, because they have the most impact. Then we really want to tailor our policy towards what we would do for the next Hitler. And in that case, we should just do, um, just, you know, we should just have stairs to death in every case, in case the next person happens to be Hitler.

• 39:22Bryan Caplan?

  We should do what?

• 39:24Dwarkesh Patel?

  We should just go all the way to threats and to war in every case when somebody.

• 39:28Bryan Caplan?

  Oh, yeah, what I would say is that was basically the attitude of World War One, which then led to Hitler.

• 39:32Dwarkesh Patel?

  Yeah, that's true.

• 39:33Bryan Caplan?

  So, so the problem is that there there really it really is a case where there are multiple dangers. And saying that we are that we're ready to go to the hilt for in any situation does actually lead to does create a lot of new risks. So which again, I think that so, you know, the case of the Iraq war. So you call Saddam Hussein the next Hitler. Turns out that ISIS is really the next Nazi movement, which probably would never happen but for the overthrow of Saddam Hussein. So, you know, I mean, I mean, it really is one where I think it's like, like the best approach is not to plan for the worst case scenario, but to look at the general patterns and see how often do different situations occur and then plan for that.

• 40:14Dwarkesh Patel?

  So now a lot of people are revising their opinions on China and saying that the free trade approach was wrong, that we shouldn't have integrated our supply chains. Um, you know, it's kind of like giving, uh, putting your armories in with your enemy or inside your enemy's countries. If you're if you're depending on your enemy for bullets, that's kind of what we've done with our supply chains with China. What do you think of that?

• 40:35Bryan Caplan?

  I think that's pretty crazy. Of course, they're intertwined with us and we're intertwined with them. There's been fair amount of social science on whether economic integration leads to peace. And I think almost everyone says that it does. So, you know, the fact that it doesn't lead to you give you everything that you want doesn't mean that it doesn't lead to something better. And again, I mean, I think most people say this, they just have no notion of what was going on in China before they were integrated. You know, again, it was a totalitarian hell state, the way like just one step short of the Khmer Rouge.

• 41:04Bryan Caplan?

  And this integration into the global economy has done not just economic wonders for China, but I think it has actually greatly improved the lives and the freedoms of regular Chinese citizens. There's been this unfortunate backsliding, but just like with Putin, it's easy to go and talk about the backsliding and to say that things are back to the way they they were back to as bad as they were before. You don't know how things were before. If you know how things were before, you know it's crazy to say that things have gone back to how they were before. There's still, we've still saved eighty, ninety percent of the improvement. It's unfortunate that we've lost ten or twenty percent of the improvement, but still, the idea that things aren't much better is just ridiculous.

• 41:44Bryan Caplan?

  And it would just be based upon not knowing what occurred during, in Soviet times and in Maoist China.

• 41:53Dwarkesh Patel?

  What's your opinion on universal basic income?

• 41:56Bryan Caplan?

  Yes, so I think this is one of the worst ideas that is getting traction. I mean, it comes down to we have a finite budget for government support of people in need, and let's go and waste almost all of it on people who don't need it. Because that's the whole universal part. The whole universal part is that we give everyone regardless of need. So Bill Gates gets the money too, right? This is just insane. No private philanthropist would do this. If you had a billion dollars to give to charity, it would never occur to you to give, what would it be, to give like thirteen cents to every person on earth? Right? That would just be an idiotic way to hand out, to spend the resources. You want to say, well, where can we do the most good with this money? And the universal basic income is basically saying, we are not going to worry about the best way to spend the money.

• 42:41Bryan Caplan?

  We're just going to throw it around to everybody. Now, once you do this, of course, so if you make the amount very small, then it doesn't break the bank. But if you put it at a level that is anywhere near acceptable to most Americans, then it would be an astronomical burden upon the country and would in fact break the bank. So again, like the basic math on this is something like this. You first ask people, so if you have no money, no income at all, how much money should you get for free from the government? And people usually give a number of something like fifteen thousand dollars a person. All right, and they say, okay, fine. All right, so then family of four gets sixty thousand bucks, right? Right. All right. Now, how much money should this government start taking away from you when you start earning money?

• 43:25Bryan Caplan?

  And there people use this eh like 25 cents for every dollar. Alright, so now let's do the math. So if a family of four gets $60,000, so they have no income, and you lose 25 cents for every dollar of income that you earn, when do you actually start paying taxes? And the answer if you do the math, you start paying taxes once your income exceeds $240,000 a year in family income.

• 43:50Bryan Caplan?

  Alright, so essentially what this means is that you would be putting an enormous tax burden on almost, on a very tiny fraction of the country.

• 43:59Bryan Caplan?

  So it's just totally innumerate and unreasonable. Then, you know, there was one guy that I debated on this, who just said, "Oh, well, all you need is a 70% tax rate and everything will be fine." And it just didn't seem to occur to them that most people think 70% was high.

• 44:14Bryan Caplan?

  But yeah, 70% was high. And of course, remember, this is just funding this program alone. It's ignoring all the other government programs that exist, which also are in need of funding. So it's ignoring national defense, it's ignoring roads, it's ignoring disease prevention. So, uh, yeah, it's a, so anyway, it, I would say it is a a crazy and innumerate idea. And on top of it, I'd also add that it's just morally awful, because it's one thing to say that we're gonna go and take your money without your consent to feed starving orphans. It's another thing, we're gonna say, "We're gonna take your money without your consent just to help everybody." So like, that is a really lame excuse for going and putting a gun to somebody's head. Right, so if you're gonna go and make people contribute,

• 44:57Bryan Caplan?

  whether they like it or not, at least think very hard about what you're spending the money on and don't spend it like a drunken sailor. And really, the slogan of UBI should be "Spending taxpayer money like drunken sailors." That's what it comes down to.

• 45:11Dwarkesh Patel?

  Yeah.

• 45:13Dwarkesh Patel?

  What's your, do you think it's gonna be a good thing that many people, do you think it's a good thing that many mid-tier colleges might go bankrupt because of coronavirus?

• 45:22Bryan Caplan?

  What I would say is, I don't think that it makes much difference. The students are just gonna go to other places and then, you know, so basically they'll go to the two larger public universities at taxpayer expense. So I think it will actually probably raise the burden on taxpayers marginally. Of course, private schools actually do already get a fair amount of government support, but nevertheless, probably, so the probably kids in private school are less of a burden on taxpayers than kids in public school. And but in terms of what will happen, I think it's really just shifting the students around. So I don't think it's gonna make too much difference overall.

• 45:56Bryan Caplan?

  I mean, I would also say I don't think it's the mid-tier schools that are going to go to business. It's going to be small, uh, small, unselected private schools.

• 46:04Dwarkesh Patel?

  Okay.

• 46:05Bryan Caplan?

  Right, which are, I'd also say the schools where I honestly just say, I don't understand why they ever existed. Why would you go and pay private school tuition to go to a small, undistinguished school? Right? And the only answer that makes sense is, well, because your parents went there. Or, we have a, why do your parents go there? So, I mean, it's, to me, there is something weird about it. It just means that people's loyalty to a brand that really doesn't have much offer is surprisingly strong. But, there it is.

• 46:32Dwarkesh Patel?

  And can you give us a little preview on the next book you're writing?

• 46:36Bryan Caplan?

  So, the new book that I'm writing and working on is called Poverty: Who to Blame? And the book does a few different things. So, first of all, it starts with a different perspective on poverty. It says that there's this old and unpopular, now unpopular distinction between the deserving and the undeserving poor. And I say it's actually been discarded for no good reason. And in fact, I say that we still use it, we just don't admit it. So, we look at the ways that governments spend money. They usually try to focus on children, on the handicapped, on the sick, people that are otherwise unable to help themselves. Philanthropists do this. But what's happened is that the distinction has fallen into such disrepute that people use it by stealth. They use it covertly.

• 47:18Bryan Caplan?

  And so, part of what we really want to do is say, there was never any reason to get rid of this idea. It's a very good idea. The idea that some people are in poverty through no fault of their own and are especially deserving of help and should be at the top, at the front of the line for getting help, makes perfect sense. And the idea that other people have caused their own, caused their own problem and at least should be at the back of the line, that idea makes perfect sense, too. Right? And then furthermore, uh, once you start looking at it this way, another big question you start asking is, well, what's stopping people from solving their own problem? Right, or are there people that are actually being held in poverty by someone even though the people themselves could work their way out if they would just be left alone? So these are the moral questions that I start with in the book.

• 48:02Bryan Caplan?

  And again, it's striking because most people who work on poverty really hate the idea of distinguishing between the deserving and undeserving poor. And so it really does not make sense to be focused on this, or to be so upset about it. The fact that you're making this sanction does not mean that you don't care. It just means that you have a principle of prioritization. And again, like in a world of scarce resources, of course, you're going to prioritize. So why not do it well instead of doing it in the sloppy and covert way? Anyway, so there is that general moral point. But then I say that once we take this point seriously, then we actually get a lot of useful ideas for policy. So first of all, once you start taking the idea seriously that people might be wrongfully

• 48:47Bryan Caplan?

  held in poverty because someone is stopping them from solving their own problem, then we wind up taking a harder look at bad government policies that retard economic growth. So, and yet especially, of course, in the Third World. So then I wind up using this deserving versus undeserving poor to say that a lot of the deserving poor are held in poverty because they're stuck in a country with awful governments like Venezuela. Right, so, and in the book, I'm going to talk about the many policies the governments use that actually foment poverty. I mean, we usually have a picture of either governments are spending money to help the poor, or they're not. And I say, you know what, the governments do something else.

• 49:26Bryan Caplan?

  They also cause poverty directly by preventing the creation of, by preventing new investment, by preventing the building of new homes, which is very common all over the world for government to really strangle the housing market. And again, who is it that's going to suffer when you strangle the housing markets? It's going to be people that are not able to afford to live in a home because of that. So anyway, so I have a chapter especially on bad policy in the Third World, where really you could just go on all day because Third World countries really do have awful economic policy. And part of that is going to be just a defense of what people call neoliberalism or the Washington Census, which I say actually has been highly effective and really people

• 50:09Bryan Caplan?

  have complained a lot about it, really just for being anything less than perfect. And that's not the reasonable standard. Then the book is going to have a section on how first world governments caused horrible poverty around the world, not through the more popular accusations of imperialism or neo-imperialism or colonialism, but just by preventing immigration. Right, so this is where I tie in my work on immigration and say that there are a great many people on earth who are totally capable of solving their own problem of poverty if first world governments just get out of the way and let them come here and get a job. Right, and then finally, the part of the book that will be most controversial, even though I'm saving it for last, is talking about individuals' irresponsibilities causing

• 50:53Bryan Caplan?

  poverty, where I say, you know, there is just enormous amount of evidence that personally responsibility causes poverty. Right, and this means there are a lot of people that really are to blame for their own problem. Right, and I think that should be said as well. This part of the book actually draws very heavily on a lot of left-wing sociologists who work on poverty. Right, and what's striking about their work is that they have a chapter at the beginning and the end of the book saying, anyone who says the poor and anybody to blame for their own problems is a dogmatic horrible right-wing ideologue. And then all the chapters from two to N minus one carefully study the poor and describe a long list of obviously irresponsible behavior that's causing poverty.

• 51:35Bryan Caplan?

  You know, everything from just having unprotected sex when you are having trouble supporting yourself. Right, this is extremely common among the poor around the world, and it doesn't take any kind of genius to figure out how this is going to lead to poverty. Also, they have very basic things like not being in the labor force. So especially in these countries, it's very common for the poor to just have very low rates of labor participation. So not being unemployed, but just not even trying to work. Right, and then you've got drug and alcohol abuse. You know, there's some dispute about whether the poor actually drink a larger average quantity, but there is very good evidence that they are more prone to severe alcohol abuse.

• 52:18Bryan Caplan?

  Right, so in other words, you know, you could have a, you could have a lower average, but still, out of the people who do drink, they're drinking to excess, uh, in a way which is much more destructive of your life than just having two glasses of wine every day. Right, so you've got that. And then there's other things, just like a lack of savings. Which again, of course, being poor does not mean that you can't save, because the point of saving is to smooth your income. Right, so even when you're poor, you might very well want to save, because there's something worse that could happen to you, and you want to be prepared for it. So, anyway, there's been a lot, there's been a lot of very good work on this, done by people that I would say just don't want to draw the obvious implication of it. Right, so, anyway, so like the main thrust of the book is going to be that we should focus on getting rid of government policies

• 53:01Bryan Caplan?

  that prevent people from working their way out of poverty. And these policies are not just some obscure small problems. These are widespread, ubiquitous, and very dangerous policies. And then at the end say, but that isn't the only thing that's going on. Of course, there's also personal responsibility matters too. And again, that, and partly that ties in with the beginning of the book, because, you know, many people say, alright, fine, alright, personal responsibility causes a lot of poverty, but what can government do about that? And a lot of my answers, well, if that's the answer, then government shouldn't do something about it. If a person is poor through their own fault, then they should, the person that should do something is the person who's poor, and they should get their, get their lives in order.

• 53:42Bryan Caplan?

  And it really does, it really is quite appropriate at some point to say, this is not my problem. Right, tell them, you know, this is your problem, you should solve it. So, you know, that's the book, it's still, the book is still changing as I was, as I, as I write it, I was working on it right before we had this podcast. So, anyway, that's what I'm doing. Oh yeah, and by the way, there is actually another book that I've started too. This is another graphic novel, but this time on housing regulation. And so the tentative title is Build Baby Build: The Science and Ethics of Housing. And this is one where I'm trying to take a lot of research that's gone on the last 15 years on just how horrible housing regulation is. It doesn't just raise the price of housing.

• 54:24Bryan Caplan?

  It actually is a massive drag on economic growth because in earlier periods, people would migrate from poor areas of the country to rich areas of the country and then raise their own productivity by becoming part of the higher productivity parts of the United States. And nowadays, this happens in reverse. People now are moving from high productivity areas to low productivity areas because the housing cost is so high in the high productivity areas, you actually are richer working at a job where you produce less. This is a new situation, right? But when people have estimated how much this is impoverishing the United States, there are estimates saying the US would be 10 or 20% richer if only we, the housing regulation

• 55:07Bryan Caplan?

  in rich parts of the country were similar to what it is in the average parts of the US. So this is another thing that I'm working on. And again, in terms of the regulation that people hardly ever think about that is causing astronomical harm, this is way up there. I'd say it's probably second right after immigration restriction. And in both cases, you know, we've got policies that people just take for granted, and how can you not have them? And yet, we know there was a period when they didn't exist and where we saw very large gains of a free market. And there really is no good reason not to return to free market that we could have had. So that's what I'm going to be pushing for in that book. And again, this is one where I'm trying to take some research which is high quality and important, but super boring to almost everyone.

• 55:52Bryan Caplan?

  And then by putting it in a graphic novel format, I want to get people that otherwise would just fall asleep reading the research or hearing about the topic, say, oh, this is fascinating. Partly, I just want to go in, and this book, the goal is to draw the cities that we could have but don't have, just to give people a feel for what, how much we really are missing, and how awesome it would look, the idea that it would be bad to go and develop the California Central Coast. And it would look ugly. To me, this is just crazy. When you go and look at, say, San Diego, it looks great to develop the coast. So it's not like people want to go and put an ugly tenement in the California coast. They want to go and put beautiful places there. So why stop them? It would look better, not worse.

• 56:29Dwarkesh Patel?

  Yeah. But by the way, I can completely endorse the graphic novel format. It, it, Open Borders was not just an interesting read like other books, but it was, it was just like a binge-worthy read, like a Netflix show is.

• 56:40Bryan Caplan?

  Yeah, awesome, awesome. Yeah, that's, yeah, binge-worthy. Yeah, so, you know, if you could go write a, write a review on Amazon where you say binge-worthy.

• 56:46Dwarkesh Patel?

  Oh, yeah, yeah.

• 56:47Bryan Caplan?

  I'll be super pleased. I don't have to, but it's well-advised. I like the word.

• 56:54Dwarkesh Patel?

  Well, I want to be mindful of your time. This seems like a good place to stop. Again, thank you so much for giving me your time. It's, it's really nice of you.

• 57:01Bryan Caplan?

  My pleasure. And all these books, you can still get on Amazon. There's no problem getting hard copies delivered. I think in the usual Amazon Prime time window of two days. Of course, you can get the Kindle versions instantly. I think of all my books. And the price is right. So for Open Borders, my latest book is only thirteen thirty-nine for paperback and nine ninety-nine for the Kindle. And by the way, also, Open Borders is a great book for kids. So if you're doing an emergency homeschool and you can't find anything your kids want to read and you want them to read something of substance, let me throw my hat in the ring and say Open Borders could be the book for you.

• 57:35Dwarkesh Patel?

  Excellent. Thank you so much.

• 57:37Bryan Caplan?

  My pleasure. Thanks a lot.

• 57:40Speaker 00

  Hi, everyone. I want to try something new today. I want to start something like a book club where I'll read a book from now and then, and I will discuss it.

• 57:56Speaker 00

  Today, we're talking about Stubborn Attachments by Tyler Cowen. He's an economist at George Mason, and he's written a book, Making the Case for Economic Growth, that within the constraints of a rules-based system, growth is just incredibly fundamental. It's an

• 58:23Speaker 00

  I think his concern for economic growth comes from taking future people seriously. He disregards the idea that their lives should be discounted, or that the consequences that occur in the distant future somehow don't matter as much as the ones that are gonna occur soon. And he makes this argument by saying, listen, if we take any sort of discounting rate, year by year, let's say consequences 10 years from now count 3% less, and an additional 3% less another decade from now, eventually we're gonna get to a point where a billion lives in some future year are worth one life now. And these lives are no less real than the ones we have now.

• 59:05Speaker 00

  So it makes no sense not to think clearly about the consequences our actions have on people that will live far away from now. And if we're gonna take them seriously, we gotta take economic growth seriously. Anyone who's looked at compound growth knows the power of a steady compounding return on your investment, or on any sort of principal amount. And in this case, the principal amount here we're talking about is the wealth of a society. We're talking about the resources a civilization has, the knowledge it has, the technology it has, and what the civilization is able to...