(Roughly) Daily

Posts Tagged ‘policy

“It’s difficult to make predictions, especially about the future”*…

A crystal ball displaying digital projections and data analytics, set on a wooden table surrounded by books and an old typewriter, creates a mystical ambiance.

It’s that time of year: predictions and forecasts and outlooks for 2026 on just about everything are everywhere. Scott Belsky‘s list is eminently worth a read…

From talent arbitrage and “proof of craft” to hardware moats, ambient listening, homegrown software, and the end of waste – what should we expect to see in the coming year? What are the implications?…

12 Outlooks for the Future: 2026+

For a bracing list of “black swan” possibliities in the new year, see “15 Scenarios That Could Stun the World in 2026.”

But in the interest of starting this year on as positive a note as possible: “1,084 Reasons the World Isn’t Falling Apart.”

* an axiom attributed to Niels Bohr and Yogi Berra, among others

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As we contemplate what’s coming, we might recall that it was on this date in 1902 that Andrew Carnegie filed the incorporation papers for what he called the Carnegie Institution of Washington– which we now know as Carnegie Science. The first of 20 not-for-profit institutions he founded (in addition to his other philanthropy, e.g., funding over 3,000 public libraries), Carnegie Science conducts fundamental research both directly and in collaboration with other organizations (mostly research universities). In its 120+ year history, it has contributed scores of foundational discoveries– e.g., the expanding universe, the existence of dark matter, transposons (“jumping genes”)– across multiple scientific disciplines. Its principals have won multiple Nobel Prizes (and myriad other awards) and have contributed to scientific and technical policy (e.g., Carnegie President Vannevar Bush) and to scientific education.

Historic document of incorporation for the Carnegie Institution of Washington, featuring handwritten text and a red seal.
The 1902 Articles of Incorporation (source)

“Enough is abundance to the wise”*…

A presentation slide showcasing various concepts related to abundance, featuring different Pokémon characters representing 'Red Plenty', 'Moderate-Abundance Synthesis', 'Cascadian', 'Liberal', 'Abundance Dynamism', and 'Dark Abundance'.

The “new” idea of Abundance is having a moment. The estimable David Karpf worries that the folks behind it are blowing their opportunity…

I guess I would call myself “Abundance-curious.”

There is a version of the Abundance agenda that I quite vocally agree with. My interpretation of Ezra Klein and Derek Thompson’s central argument was something along these lines:

  1. Government should have a strong hand in establishing, directing, and funding social priorities.
  2. In the course of setting these priorities, government should endeavor to get out of its own way.

Klein and Thompson are pretty firmly in favor of government intervention and industrial policy. They aren’t just saying “growth is good and we should all cheer for developers!” They are instead saying something more along the lines of, if the government thinks something – housing, clean energy, etc – is a priority, then the government should proactively support that goal. Put money behind it. Don’t leave everything to the “will of the markets.” And, oh yeah, if the government wants to build high-speed rail or housing (etc etc) then the government should get out of its own damn way and make it can actually fulfill those promises.

I pretty enthusiastically agree with all of these points. We ought to rebuild administrative capacity and get back into having government make governance decisions. Government ought to be both proactive and responsive. And often the best way to make a better future possible is to devote public money towards promoting public goods.

I also quite like several of the people operating under that banner, and quite like some of their ideas as well. (Specifically: government should fund more things, we should have more administrative capacity, and the accretion of procedural checks-with-no-balance has had plenty of regrettable consequences.)

And hey, they’re having a moment. Good for them.

The term is rapidly becoming an empty signifier, though. Tesla’s new master plan boasts of “sustainable abundance.” The Silicon Valley variant of the abundance agenda is just warmed-over techno-optimism — less “let’s rebuild the administrative state and make government work again!” and more “the government should hand big sacks of money to tech startups and exempt them from taxes and regulations. Let our genius builders build!”

The Abundance 2025 conference [happened] in DC [last] week, and the speakers range from pro-housing YIMBYs to a guy arguing for “deportation abundance.”

Yikes.

Steve Teles has taken a good-faith shot at sorting through the mess:

It would not be hard to conclude that the emergence of these various flavors of abundance betrays the inherent squishiness and incoherence of the concept. And it is true that abundance is not a systematic ideology attached to a specific political coalition, as are conservatism or democratic socialism. But that doesn’t mean that it is ideological vaporware. As someone who has been working on many of these ideas for a decade or more, I think it is time to nail down just what sort of idea abundance is.

Abundance stirs confusion in part because, unlike contemporary conservatism and progressivism, it is not an idea that emerged to justify a specific party-political, coalitional, material, or cultural project. Given that abundance has been embraced by post-colonial socialists, techno-futurist capitalists, and Democratic centrists, it is best conceptualized as an alternative dimension that cuts across existing ideologies without entirely superseding them, defined by a new set of problems and tools for addressing them.

Abundance is fundamentally “syncretic,” spreading by attaching itself to a variety of different cultural practices and political projects, rather than by preserving its doctrinal purity.

He goes on to define the central unifying idea:

At its base, Abundance is best understood as having one central aspiration that requires tackling two interlocking challenges. The aspiration is to escape from a political economy defined by artificial scarcity, to create a world in which we solve problems primarily by unlocking supply.

That’s it. That’s the whole thing. Abundance says “we should solve problems by creating more,” and invites the competing political coalitions to draw their own conclusions on what constitutes a problem. (And, also, more of what, exactly?)

Syncretic terms like this run the risk of falling apart though. If DOGE is part of the Abundance movement, and the people DOGE is illegally firing is also part of the Abundance movement… If the Green New Deal is Abundance but oh hey also the Claremont Institute is Abundance too, then Abundance ceases to mean anything at all. The term is already washed.

(Q: Are Curtis Yarvin, Balaji Srinivasan, and the other Network State neomonarchists part of the Abundance movement? A: yes, that’s “dark abundance.”)

I can empathize with the instinct to try to build the broadest possible coalition. I can see why making your new “movement” seem like the one big cross-partisan idea right now feels like a win. But it is a temporary, pyrrhic victory.

Strategy is a verb. The act of strategizing involves making choices that help you accomplish goals and wield power. The Abundance movement does not appear to be making any choices whatsoever. That’s the fast track to irrelevance.

Just saying, if *I* was part of the Abundance movement, I would be cautioning people that it sure would be nice to accomplish something, anything at all, before the idea gets entirely co-opted and loses all meaning. If the Abundance folks insist on advancing a syncretic proposal so broad that it pointedly has nothing to say about what problems ought to be solved, then they are quickly going to find that their clever-new-phrase means nothing at all.

The fate of every successful political movement is that they eventually face co-optation and counteraction. But usually you want to rack up some actual victories before it happens…

What *Isn’t* Abundance?” from @davekarpf.bsky.social (in his valuable newsletter, The Future, Now and Then).

See also: “Varieties of Abundance” from @niskanencenter.bsky.social, and “How to Blow Up a Planet” from @nybooks.com.

[Edit: late add of a piece from the ever-insightful Rusty Foster that dropped just after this was first posted: “Abundance of What.”]

* Euripides

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As we muse on more, we might send abundant bountiful greetings to William Bligh; he was born on this date in 1754. A British naval officer, over a 50 year career, he rose to the rank of Vice-Admiral and served as colonial governor of New South Wales. But he is remembered for his role in the most famous mutiny in history: in 1879, the first officer and crew “removed” Bligh from his command of (and set him and his few supporters adrift from) HMAV Bounty

A portrait of William Bligh, a British naval officer, dressed in a formal naval uniform with gold epaulettes. He has white hair and is depicted against a blue background.

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Written by (Roughly) Daily

September 9, 2025 at 1:00 am

“The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little.”*…

An illustration of a figure with multiple arms and wings at a crossroads, symbolizing guidance and choice.

Your correspondent is headed onto the road again; so, with apologies, regular service will be suspended until on or about May 17…

… In the meantime, the remarkable Henry Farrell offers sage advice…

Last Thursday, Combinations (a publication of the RadicalxChange foundation), published a review essay that I wrote on Ezra Klein and Derek Thompson’s Abundance. I’m not going to repeat here what I say there; it’s available for free, so if you want to read it, just click on the link! [and one should read it]. Instead, I want to make the implicit argument explicit.

One of the big problems of American politics – and of politics in plenty of places elsewhere – is that we lack usable and attractive futures. The result is the current battle between the defenders of the present, and an incoherent counter-alliance that brings the cultists of an imaginary past and the evangelists of an impossible future into common cause.

Because I am weird, I think that the most immediately useful aspect of Klein and Thompson’s book is not its specific argument about how to get to the future. It is that the book has the promise to reorient the presentists around the prospect of an attractive future, and the different paths you might take to get there. On the one hand, as Dan Davies says (riffing on post-punk philosophizing), if you don’t have a dream then how’re ya gonna have a dream come true? On the other, no single dream is capable of foretelling the One True Path To Abundance (or, for that matter, any other desirable goal) so you want to have useful arguments between people with different dreams, and different plausible paths…

[Farrell discusses the book and its reception– the myriad reactions it has occasioned– puts the debate into an intellectualy historical context, then pivots to his advice…]

… One terrifying prospect for the U.S. is that the Trump faction wins again in 2028. Another is that the Democrats regain power – but that like Keir Starmer’s government, they trap themselves in a vicious cycle where universal expectations of less generate factionalism and political stasis, which further deepen those universal expectations.

That is why I think that abundance is important as a goal. We need to aim towards some version of abundance to escape the trap we’re in. That too, is why I think that disagreement about how to reach that goal over the next couple of years is valuable in two ways.

First, no faction on the left or right has any monopoly on the wisdom about how to get there. It is only through argument – and experimentation in those bits of the federal system and local politics where experimentation is possible – that we can figure out what to do when we can do it. Second, if we can get to a place where the major argument is about how to get towards abundance, not just between center left and centrists, but across the political spectrum, we – for a very broad value of we – will be halfway towards winning the fight we need to win. Far more is politically possible when we are disagreeing over how to get to an attractive future, than when we are struggling to ensure that we are as close to the top of the pile as possible in a horrible one.

We need usable futures that can orient current politics in fruitful ways. Abundance – in the broadest sense of that term – is the closest thing to a common denominator across such futures that I know of…

Abundance not as an agenda but a goal: “We need usable futures,” from @himself.bsky.social.

For contrast, pair with: “Trump’s futurism: Elon’s rockets and fewer dolls for ‘baby girl’” (and Part 2) from @adamtooze.bsky.social.

* Franklin D. Roosevelt

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As we opt for optimism, we might send cautious birthday greetings to an example of what less-inclusive abundance can yield: John Warne “Bet-a-Million” Gates; he was born on this date in 1855. A Gilded Age industrialist and gambler, Gates was among the first salesmen of barbed wire. He parlayed his success into the manufacture of of the fencing; and success at that, into the manufacture fo steel. (He was instrumental in changing the steel industry’s production methods from the Bessemer process to the open hearth process.) He was the president of Republic Steel and later, of the Texas Company (an oil concern later known as Texaco) and of the Kansas City, Pittsburgh and Gulf Railroad.

Gates developed a taste– and a talent– for gambling at a young age. In his prime, he was known to host raucous, days-long poker games in his permanent suite at the Waldorf-Astoria. His nickname derived from a 1900 horserace in England on which he wagered $70,000 and was widely-reported to have won $1,000,000 (though it seems likely he won “only” $600,000).

Black and white portrait of John Warne Gates, a mustachioed man in a formal suit, looking directly at the viewer.

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“Be careful what you wish for”*…

… And how you wish for it. Eric Athas, with an all-too-timely reminder…

Whenever I’m thinking about ideas to send to you all, I’m reminded of a principle called Goodhart’s Law, which says: “When a measure becomes a target, it ceases to be a good measure.”

In other words, when you tell people they’re being evaluated by a target they must hit, you risk pushing them to produce the wrong results in the name of reaching the target. The incentives can drive them to fixate on achieving the target, not achieving the overall goal.

The concept is named after the economist Charles Goodhart, who introduced it in a 1975 paper about monetary management. But the theory has been connected to a range of situations.

One of the most famous examples is a story about colonial India, when the British government sought to subdue an overpopulation of cobras in Delhi by placing a bounty on the snakes. Turn in a snakeskin, get some money.

But the plan backfired. People started farming cobras to cash in on the bounties, only exacerbating the population problem. This tale, which you can hear more about in a 2012 Freakonomics episode, spawned a shorthand for this phenomenon—the cobra effect

… Goodhart’s Law, or the cobra effect, isn’t limited to economic policy or invasive species. You can apply it to everyday situations:

  • A fitness tracker rewards you for clocking 10,000 steps a day, so you spend your evenings pacing around your living room. [see here]
  • A calorie-counting app pushes you to form an unhealthy diet to stay under the limit.
  • You set a resolution to read book a week but soon begin selecting books purely based on length—not interest or relevance—to hit the target.
  • A construction firm is given unrealistic milestones and must cut corners to fulfill a contract.
  • A school becomes hyper-focused on its test scores and offers incentives for grades instead of providing a well-rounded educational experience.

That last one happened in a years-long cheating scandal in Atlanta that unraveled in the 2010s.

Workplace quotas can have this effect, too. When you’re evaluated based on a quota, you may do anything to meet that quota, even if the quality of the work diminishes.

On the flip side, a quota policy may demotivate workers. Here’s what Adam Cobb, a professor of management at Wharton, said in a Wharton write-up about quotas: “People might start withholding effort … If you can easily meet your monthly quota, why should you try as hard once the goal is reached? Doing so may encourage the company to raise the quota, making your life harder.”

You can find the cobra effect in academic research, too, with the push for publication fueling an increase in fake papers.

Today, we’re surrounded by measurements that can be tempting to use as targets in our behavior. What is inbox zero but a target that may distract us from completing more fulfilling work?

I think a lot about the cobra effect with social media, where your success is tied to your ability to accrue views, likes, comments, and shares. Those targets can create an expectation that you must always be creating something new. Social media managers, influencers, and YouTubers have talked about the pressure to churn out new content to please algorithms and feed their audiences…

… Which brings me back to the point I started with a few hundred words ago, and the title of this post. I send this newsletter every Sunday. The routine is helpful because it provides me with a structure to work within. Absent that framework, I could end up spending too little or too much time on it.

But I must remind myself that the weekly tempo isn’t the target. If it were, I’d be critiquing myself based on arbitrary timing, not on the quality of the information I’m sharing with you. I’d be more prone to “spin up” content, as opposed to finding interesting ideas to share with you. I try to keep Goodhart’s Law in mind each week.

As you go about your day, consider your own goals, personally and professionally. When you take an action, like posting a photo on social media or completing a work task, are you doing it to please a measurement? To hit a target?…

The cobra effect and the dangers of turning measures into targets: “I’m not writing this to hit a weekly target,” from @ericathas.

Apposite: “When workplace bonuses backfire” (Economist gift link)

(Image above: source)

Aesop’s Fables

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As we interrogate our intentions, we might recall that it was on this date in 1793 that the Queen of France, Marie Antoinette, was beheaded. The French Revolution had begun in 1789…

… The Storming of the Bastille on 14 July led to a series of radical measures by the Assembly, among them the abolition of feudalism, state control over the Catholic Church in France, and a declaration of rights.

The next three years were dominated by the struggle for political control, exacerbated by economic depression. Military defeats following the outbreak of the French Revolutionary Wars in April 1792 resulted in the insurrection of 10 August 1792. The monarchy was replaced by the French First Republic in September, while Louis XVI was executed in January 1793.

After another revolt in June 1793, the constitution was suspended, and adequate political power passed from the National Convention to the Committee of Public Safety [which decreed Marie Antoinette’s fate]. About 16,000 people were executed in a Reign of Terror, which ended in July 1794. Weakened by external threats and internal opposition, the Republic was replaced in 1795 by the Directory. Four years later, in 1799, the Consulate seized power in a military coup led by Napoleon Bonaparte. This is generally seen as marking the end of the Revolutionary period…

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“The worst part about having a mental illness is people expect you to behave as if you don’t”*…

Trends across all causes and risks of disease/disability show that there have been substantial declines in infectious diseases, malnutrition, cardiovascular diseases, and several cancers. But even as we make strides in addressing physical health, mental health challenges are on the rise. In sharp contrast, mental health disorders and alcohol-related disability adjusted life years (DALYS) have increased sharply over the last few decades, especially among people aged 25 to 74.

The WHO found that the two most common mental disorders, anxiety and depression, cost global GDP
$1 trillion in 2010. Lost output for the same time period attributed to mental, neurological, and substance
abuse disorders – which often intersect – was estimated between $2.5-$8.5 trillion. This is expected to double by 2030.

A report from the Aspen Institute and Dalberg explores the global rise of mental illness through economics, lived experiences, and expert insights…

According to the World Health Organization (WHO), 450 million people suffer from some form of mental illness over the course of their lives. So, it’s no surprise that many of us have experienced, or know some-one who has experienced, severe struggles with mental health. This is a full-blown crisis exacerbated by a lack of infrastructure, lack of funding, and a lack of health equity. This is despite the fact that mental health issues are the leading cause of disability globally. Also, according to the WHO, mental health conditions are the primary cause of suicide. And suicide is the second leading cause of death for people age 15to 29. This is a crisis of our time.

In this report, we offer a snapshot into both the magnitude and the scope of the mental health crisis facing humanity. In addition to briefly framing the issues, we share summaries of dozens of interviews we held with both “expert practitioners” working both in the public and private sectors and individuals with a “lived experience” touched by mental health struggles.

In the course of our work, we looked for recurring themes that could promote a dialogue about seeking sustainable, scalable solutions to the crisis. Among those themes are the challenges of building an infrastructure for access to quality mental healthcare, the continued lack of parity between the provision of services for mental health versus physical health, and the pervasiveness of stigma associated with diseases of the mind.

Further, although most of us do not think of mental health as related to investing, and if we do, we might find the notion distasteful, there are indeed a growing number of developing technologies and treatment modalities that hold promise for expanding access to mental health services and offering innovative practices. We highlight a handful of examples. The individuals who generously shared their personal struggles also shared the resources and practices that they found most helpful.

We acknowledge the global nature of the crisis and the role that both the pandemic and other contextual factors have played in substantial increases in anxiety disorders and other mental health issues. Further, we are seeing increases in specific demographics, such as poorer mental health among women, with one in five women experience a more common mental disorder (such as anxiety or depression), compared with one in eight men. No demographic is immune.

Given the crisis at hand, it is our hope that offering greater transparency to the world of mental health will stimulate a search for solutions…

Bracing– but important– reading: “A Crisis of Our Time.”

(Image above from a series of photos illustrating mental illness, from Christian Sampson.)

* from the notebook of Arthur Fleck (AKA, The Joker), via Todd Phillips 2019 film Joker

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As we care about care, we might recall that it was on this date in 2019 that the first presentation print of Todd Phillip’s film Joker was shipped to Italy, where it premiered at the Venice International Film Festival and won the Golden Lion, the fest’s top prize. The film went on to box office success and set records for an October release. It grossed over $1 billion; the first R-rated to do so. It received numerous accolades, including two Academy Award wins at the 92nd Academy Awards for Best Actor (Joaquin Phoenix) & Best Original Score (Hildur Guðnadóttir) out of 11 nominations including Best Picture, first DC film to score.

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