Category Archives: Books

David Friedman, Peter Leeson, and David Skarbek – Legal Systems Very Different from Ours

David Friedman, Peter Leeson, and David Skarbek – Legal Systems Very Different from Ours

Many years ago at a Mont Pelerin Society conference in Reykjavik, I saw Friedman give a talk on Icelandic law during the Free State period, when the island had no central government. This book greatly expands on his earlier work on governance without government. Friedman looks at legal systems in Iceland, Somalia, Gypsy/Roma society, ancient China, Medieval Ireland, the Amish, Comanche, and more. He finds endless ingenuity and creativity among people trying to solve social problems, sometimes in very harsh conditions. Many legal institutions evolve as ways to reduce transaction costs, to reinforce group identity, and to enhance respect for social customs, whatever they may be in a given society. Leeson, a former professor of mine, and David Skarbek contribute chapters on laws among pirates and prisoners, respectively.

Robert Conquest – The Great Terror: A Reassessment

Robert Conquest – The Great Terror: A Reassessment

This book did more than any other to publicize the extent of how murderous the Soviet government was. Stalin never had a saint’s reputation, and there were whispers about gulags, deliberate famines, and the price of dissent. Conquest put faces and numbers on it. His exhaustive account shocked the world. These days, the 1937-1938 Terror is common knowledge. In a way, the fact that such a revolutionary book can seem ordinary is proof of the impact Conquest had. What was shocking at the time is now common knowledge.

Even so, this old book still has the power to startle. This is due in large part to Conquest’s eye for detail. The most striking one is his description of a physical paper record of a political interrogation. It contains the usual euphemisms and coded language one would expect from such a document. Nothing special there. But this one had an old stain on it, which was forensically tested. It came back positive for blood.

Stalin’s surprising approval rating today in Russia, and socialism’s campus voguishness are frightening to people who know the history. We likely have little to fear from either case. Many Russian people have a strong sense of nostalgia and a yearning for stability, more than a literal return to Stalinism. Putin, though a dictator, and a murderous one at that, is almost certainly no Stalin. In richer countries, college dorm room bull sessions should be taken as seriously as they deserve. That said, some knowledge of Conquest, Solzhenitsyn, Sheila Fitzpatrick, Robert Service, Richard Pipes, Stephane Courtois, and other historians and writers would likely change the tenor of discussion.

A final thing to bear in mind–the vast terror in this book is only a small slice of what happened. The Great Terror lasted for roughly two years out of the USSR’s 70-plus years. It is separate from multi-million-death events such as the deliberate Ukraine famine, the continent- and generation-spanning gulag archipelago, and the horrors of World War II.

Richard Dawkins – The Blind Watchmaker: Why the Evidence of Evolution Reveals a Universe without Design

Richard Dawkins – The Blind Watchmaker: Why the Evidence of Evolution Reveals a Universe without Design

Possibly the best book ever written on evolution, for the delivery as much as the content. Dawkins uses compelling, relatable examples, grounded partly in his own experiments, to show how elaborate designs can emerge without a designer. He does it bit by bit, working with the reader to tease out insights, revealing more as he goes until everything ties together. Dawkins can sometimes be a bit strident, but he is a master educator. His illustrations of biomorphs and his explanation of how something as complex as the human eye can arise without an intelligent designer are two of the standout discussions in the book. Highly, highly recommended.

The Populist Approach to Problem-Solving

From Kindle location 6077 of Peter Boettke’s 2018 book F. A. Hayek: Economics, Political Economy and Social Philosophy:

There is a fundamental contradiction in the populist critique of the establishment, both left and right, which is that government is failing them, but it is failing as it grows larger in scale and scope of activities. Yet, precisely because it is failing, it must grow in scale and scope to address the failure.

John Maynard Keynes – The Economic Consequences of the Peace

John Maynard Keynes – The Economic Consequences of the Peace

Keynes was part of the British delegation in the post-World War I Versailles negotiations. He resigned in protest, and this 1919 book is his public statement of why. He correctly foresaw that the treaty’s harsh terms would lead to a second World War by inflaming German resentment and slowing civilian rebuilding.

Keynes had malleable views, and changed personae many times through the years; this Keynes of 1919 was different from the Keynes of 1930’s Treatise on Money or 1936’s General Theory. But in this book Keynes shows a sharp moral clarity, mirrored by a clarity in thought and, relatedly, prose that differentiates Economic Consequences of the Peace from many of his other works.

This book would also pair well with Ludwig von Mises’ 1927 book Liberalism, which similarly foresaw a second war that would be worse than the first. Mises argued that interventionist policies, besides fostering social tensions and instability, would economically weaken the Allied countries, making it more difficult for them to counter nationalist or communist threats. For all their differences, Keynes and Mises stood on common ground in wanting peace, and even a little bit on how to maintain it.

James S.A. Corey – Abbadon’s Gate: The Expanse, Vol. 3

James S.A. Corey – Abbadon’s Gate: The Expanse, Vol. 3

The best of the series so far. The protomolecule that was the major plot axis of the first two books forms a 1,000 km-wide ring between Uranus and Neptune’s orbits. The space inside the ring seems to be some kind of wormhole leading to a million-kilometer wide space with more than a thousand other rings spread along its edges. Earth, Mars, and the Belt waver between war and peace, both inside and outside the ring space. Protagonist James Holden  and his crew, along with a few other characters try to keep the peace, and try to ward off a vengeful character whose father and sister figured prominently in the first two volumes. The drama of a continually worsening situation keeps building and building, with some elaborate physics involved—gravity and inertia turn out to be excellent plot devices. The final battle scene is fantastically done—one of the best I’ve read.

William Bernstein – The Birth of Plenty: How the Prosperity of the Modern World was Created

William Bernstein – The Birth of Plenty: How the Prosperity of the Modern World was Created

Last year I read Bernstein’s history of trade, A Splendid Exchange, and enjoyed it immensely. This book has a broader focus—the rise of modern global prosperity. Bernstein is an excellent popular writer, and should be read more widely. He doesn’t go into the same depth as other scholars on the subject such as Julian Simon, Deirdre McCloskey, Joel Mokyr, Stephen Davies, Nathan Rosenberg, Henri Pirenne, and others. But his genial delivery and general ethos of openness and dynamism coupled with a coherent historical narrative make for an excellent read.

Bernstein’s background is in finance, and books from that genre are usually charitably described as snake oil. Rare exceptions include non-sensationalist buy-and-hold advocates such as Burton Malkiel of A Random Walk Down Wall Street fame. While I’ve not read Bernstein’s financial advice books and likely never will, he is an excellent historian. I hope he writes more in that vein.

Henri Pirenne – Medieval Cities: Their Origins and the Revival of Trade

Henri Pirenne – Medieval Cities: Their Origins and the Revival of Trade

Of Pirenne’s three best-known books, also including Mohammed and Charlemagne and Economic and Social History of Medieval Europe, this one, from 1925, is probably the strongest on its analysis of institutions and how they changed over time. The Pirenne Thesis is essentially that economic isolation caused the downfall of Roman civilization. Not barbarians, or Christianity, or decadence, as many other historians argue. It was a combination of economics and closed cultural attitudes among Europe’s Mediterranean neighbors. Centuries later, a gradual return to economic and cultural openness led to the high medieval ages, and eventually the Renaissance. Pirenne’s line of thought can easily be extended to the Enlightenment, the Industrial Revolution, the Information Age, and today’s debates over trade and immigration, where Pirenne has most influenced this writer.

This book focuses on the rise of the city. Cities require a lot of support, and do not emerge fully formed out of a vacuum. They have numerous economic and cultural preconditions. One of the major ones was shaking off feudal shackles. This was a long, gradual process with many degrees. It was a spectrum, not an on/off switch. City residents were often former serfs; remember the famous saying, “city air makes one fee.” This was a legal concept, not just an attitude. An escaped serf who lived a year and a day without being captured was legally freed.

City residents answered to neither king nor lord, at least during the period Pirenne studies in this book. But there was more to the story of cities than a simple rejection of feudal authority. City workers did not grow their own food. They relied on specialized work and trade with outside farmers to put food on the table. This was not possible without requisite population density, infrastructure, and a cultural openness to commerce and technology.

Most societies are neophobic; city life required almost a neophilia. Once this happened to a small degree, a virtuous circle emerged. Improved productivity made people more prosperous and more accepting of bourgeois social norms. This further reinforced the process, and so on. This mishmash of factors, with arrows of causality pointing every which way, are why people began to live in cities rather than farms and villages, eventually paving the way for modernity.

Edward H. Levi – An Introduction to Legal Reasoning, Second Edition

Edward H. Levi – An Introduction to Legal Reasoning, Second Edition

A depressing read, but not on purpose. Basically, Levi argues that much legal reasoning is ad hoc, rather than stemming from general principles or logic. Basically, people just make it up as they go along. There is a long history of common law analysis that ties in with spontaneous order and social evolution. This book is not necessarily part of that tradition. As Levi shows, while case law can adapt to changing social mores or work around ineffective or counterproductive statutes, the process is slow, mistakes are common, people are wrongly punished, and even then bad laws aren’t necessarily reformed. The confusing mix of statute and case law makes for a confusing thicket that is extremely reform-resistant. As the name of this blog says, inertia always wins. Levi sheds some insight into why. Levi wrote this book in the 1940s while teaching law at the University of Chicago; he would later serve as President Greald Ford’s attorney general.

Matt Ridley – Genome: The Autobiography of a Species in 23 Chapters

Matt Ridley – Genome: The Autobiography of a Species in 23 Chapters

This is an older book, from 1999, and some parts are dated now. It is still excellent. The book has 23 chapters, one for each pair of chromosomes in the human genome. Ironically, this organizational conceit gives Ridley the freedom to take a more scattershot approach. He tells about genes found in each chromosome that affect certain traits. Since our genes were designed without a designer, chromosomes don’t have individual themes, and genes controlling certain traits can be found in multiple chromosomes.

Ridley does what he can with what the material provides him, but this randomness actually makes some of his evolutionary arguments stronger, a fact he takes full advantage of. He also goes on frequent tangents about how a given chromosome’s traits might be useful or not, how they have impacted human history, how they connect various species and common ancestors, how mutations work, and many other concepts in evolutionary biology.