pressure surely facilitated by very heavy Jewish ownership of America’s major media organsI don't know what his evidence for the pressure itself is, but he provides no evidence at all for its "facilitation". Saying that this "surely" occurred really means that he can't or won't prove it but he expects us to agree with him. His assertion implies that the owners of these "organs" (stop snickering in the back there) were exerting editorial control - where is his evidence for this? Unz also uses weasel words to avoid quantifying his assertions: he says that the "very heavy" Jewish ownership included "eight of nine major Hollywood studios, and many of the leading newspapers".
Although Princeton’s current president is not Jewish, all seven of the most recent Princeton provosts stretching back to 1977 have had such ancestry, with several of the other Ivies not being far behind.First, I observe that he has quickly glided from Princeton University's president to its provost, who is "the chief academic and chief budgetary officer of the University, under the President". When he says that "Princeton’s current president is not Jewish" he really might have said that Princeton has only ever had one Jewish president: Howard T. Shapiro. Why does Unz not mention tyhis? Presumably because it doesn't support his case. Why doesn't he compare the number of Jewish trustees, given that they actually appoint both the president and provost? I suspect that again, it doesn't support his case. In any event, the way Unz jumps from one sort of appointment to another and his unexplained selection of that particular position without explaining why makes me believe that he is not writing in good faith.
as our liberal intellectual elites regularly emphasize, unconscious biases or shared assumptions can become a huge but unnoticed problem [...]I suppose the slur against "liberal intellectual elites" is par for the course, but what's the problem with the Jew-y, very Jew-y provostship of Princeton? Why, the
decision-making occurs within a very narrow circle, whose extreme “non-diversity” may lead to lack of introspection [...]After a quick browse I could only find a reference to the ethnic background of one of the seven he lists: Paul Benacerraf (1998-2001) is "the son of a Moroccan-Venezuelan father and Algerian mother [...] born in Paris". Unz is effectively saying that Jews are all the same; that Benacerraf's life in Venezuela and Paris; his experiences as a refugee; being raised by parents born in Africa; all of this is irrelevant: the salient point is that he is a Jew and that a university provostship that includes him is less diverse than one which has, e.g., someone like Princeton's current president, who is white. And born in Canada.
Ivy League admissions...[are] extremely biased in favor of under-qualified Jewish whites at the expense of well-qualified Asians and non-Jewish whites.Yes, I'm sure that this home truth will really "challenge" the readership of the American Conservative.
When examining statistical evidence, the proper aggregation of data is critical. Consider the ratio of the recent 2007–2011 enrollment of Asian students at Harvard relative to their estimated share of America’s recent NMS semifinalists, a reasonable proxy for the high-ability college-age population, and compare this result to the corresponding figure for whites. The Asian ratio is 63 percent, slightly above the white ratio of 61 percent, with both these figures being considerably below parity due to the substantial presence of under-represented racial minorities such as blacks and Hispanics, foreign students, and students of unreported race. Thus, there appears to be no evidence for racial bias against Asians, even excluding the race-neutral impact of athletic recruitment, legacy admissions, and geographical diversity.Unz has been doing some truly great work tearing down the edifice of IQ fundamentalism over the last year or so: not just the disgusting anti-Black Charles Murray nonsense, but the flipside fantasies of IQ superiority that academics have been less willing to challenge because they often make up a part of our origin stories and self-image.
However, if we separate out the Jewish students, their ratio turns out to be 435 percent, while the residual ratio for non-Jewish whites drops to just 28 percent, less than half of even the Asian figure. As a consequence, Asians appear under-represented relative to Jews by a factor of seven, while non-Jewish whites are by far the most under-represented group of all, despite any benefits they might receive from athletic, legacy, or geographical distribution factors. The rest of the Ivy League tends to follow a similar pattern, with the overall Jewish ratio being 381 percent, the Asian figure at 62 percent, and the ratio for non-Jewish whites a low 35 percent, all relative to their number of high-ability college-age students.
Friedrich Hayek is generally regarded as the apostle of a brand of economics which holds that the market will assure the optimal allocation of resources — as long as the government doesn't interfere. It is a formalized and mathematical theory, whose two main pillars are the efficient market hypothesis and the theory of rational expectations. This is usually called the Chicago School, and it dominates the teaching of economics in the United States. I call it market fundamentalism. I have an alternative interpretation — diametrically opposed to the efficient market hypothesis and rational expectations. It is built on the twin pillars of fallibility and reflexivity...We're making too many "efficiency" innovations and not enough "empowering" innovations - "These transform complicated and costly products available to a few into simpler, cheaper products available to the many... Empowering innovations are essential for growth because they create new consumption. As long as empowering innovations create more jobs than efficiency innovations eliminate, and as long as the capital that efficiency innovations liberate is invested back into empowering innovations, we keep recessions at bay."
I was struck by a contradiction between the theory of perfect competition, which postulated perfect knowledge, with Popper's theory, which asserted that perfect knowledge was unattainable. The contradiction could be resolved by recognizing that economic theory cannot meet the standards of Newtonian physics... Hayek argued that economic agents base their decisions on their interpretation of reality, not on reality — and the two are never the same. That is what I call fallibility. Hayek also recognized that decisions based on an imperfect understanding of reality are bound to have unintended consequences. But Hayek and I drew diametrically opposed inferences from this insight.
Hayek used it to extol the virtues of the invisible hand of the marketplace, which was the unintended consequence of economic agents pursuing their self-interest. I used it to demonstrate the inherent instability of financial markets.
In my theory of reflexivity I assert that the thinking of economic agents serves two functions. On the one hand, they try to understand reality; that is the cognitive function. On the other, they try to make an impact on the situation. That is the participating, or manipulative, function... Reflexivity introduces an element of unquantifiable uncertainty into both the participants' understanding and the actual course of events...
Frank Knight was the first to identify the unquantifiable uncertainty inherent in financial markets. John Maynard Keynes and his followers elaborated his insight. Classical economists, by contrast, sought to eliminate the uncertainty connected with reflexivity from their subject matter. Hayek was one of them.
Human beings act on the basis of their imperfect understanding — and their decisions have unintended consequences. That makes human affairs less predictable than natural phenomenon. So Hayek was right in originally opposing scientism... Because perfection is unattainable, it makes all the difference how close we come to understanding reality. Recognizing that the efficient market hypothesis and the theory of rational expectations are both a dead end would be a major step forward.
As in that earlier time, the political controversy on the role of the state in the economy is raging today. But the standards of political discourse have greatly deteriorated. The two sides used to engage in illuminating arguments; now they hardly talk... I am profoundly worried that those who proclaim half truths as the whole truth...
I find several of Unz’s conclusions unconvincing. I’ll leave entirely aside statistical issues on which I am unqualified to pronounce (I scored only 580 on the math SAT, and was not what Unz calls a “quality” applicant). And I’ll merely echo Tyler Cowen’s discomfort with Unz’s methods of counting members of various ethnic and religious groups, which include inferring their backgrounds from their names. The problem is not only that these methods resemble the Jew-hunting of classical anti-Semitism. It’s that they ignores the complexity of origins and identity in a society characterized by intermarriage among religious and ethnic groups.posted by the man of twists and turns at 8:10 AM on November 30, 2012
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