Senior Research Fellow at the Center for Growth and Opportunity. Really into this whole progress thing.
Agreed, Jason. I’ll add that it’s trendy among the longtermists to speak of biosecurity, but it seems obvious to me that the FDA, not the legality of admittedly dangerous research, is the biggest obstacle to genuine biosecurity. We could have had vaccines for Covid by spring 2020, and without Eroom’s Law we might have had them by January 2020. And we could have had strain updates in real time. So an agency that was designed to make us safe made us less safe, and many people focused on safety in this domain continue to miss the forest for the trees. Often arguments about safety are problematic because of these kinds of failures, not because safety isn’t a valuable form of progress (it is).
Not to be a double contrarian, but I am also skeptical of a lot of econ research on institutions. Ha!
I think TFP is not really ideas. It is deployment of production methods. New ideas give us new production methods, but they don't really help us deploy them. For deployment, we need a lot of effort (1% inspiration, 99% perspiration) and also high-quality institutions.
How do you explain the TFP drop in Venezuela? Did they suddenly lose a bunch of ideas? No, their institutions deteriorated and their deployed production methods declined in quality.
Same in the US. The creation of the NRC reduced the quality of the production methods we could deploy. NEPA too. Lots of other things one could cite. Simply letting us use the ideas we already have as effectively as possible would increase TFP significantly.
So explaining your three data points:
Another way to put it is: are ideas getting harder to use? We know that if we put the magic rocks together, they get hot and can be used to generate steam and electricity. But if we're not allowed to make effective use of that information, it screws us almost as much as if we didn't have it in the first place.
Stuart, I'm not seeing how it is a conflict per se to prescribe actions that would generate progress and also study what has worked to generate progress.
In the example you give, certain advocates of charter or public schools skew research on what creates valuable opportunities for children when they give advice. But the problem is that their true objective function isn't aligned with their stated objective function. They claim their goal is to advance opportunities for children, but what they really want is to promote or impede charter schools. So they skew their advice in service of their real motive while couching it in terms of their stated motive.
This could happen in progress studies as well. Suppose a progress studier's true commitment is not really to progress, but rather to libertarianism or leftism. Then they might put forward policy solutions in the language of progress studies that actually advance their other political commitment at the expense of progress. We should be wary of this.
Yet to fully separate the functions of research and advocacy will never work. It may be fine if there are at least a few people working in ivory towers who are solely studying what works to produce progress. But things immediately get muddier when you introduce any advocacy at all. Suppose I tried to be a pure advocate, and that my true goal is to advocate for policies that advance progress. Where am I supposed to find these policies? Probably I will need to read a lot of stuff on what works to drive progress. Even if there is a well-functioning pure academic progress studies community, I would at minimum need to read a lot of the papers and evaluate the literature, essentially doing my own meta-analysis. That's basically research. Given the current state of the field, advocates probably have to go even deeper than just this minimum level of research.
I think I could accept some softer claims.
1. It would be good if there were at least a few people who as pure academics study what works to produce social progress. These people could serve as a check on advocates misconstruing research to advance some other agenda.2. We should be attentive to the fact that as a movement becomes politically successful people might use the language of that movement to push for other goals. This matches the charter schools example, using the language of opportunities for children to drive an ideological victory for or against charter schools.
Curious to know if you or anyone thinks I'm missing anything important here.