Elizabeth
Article
Elizabeth is a recurring person in the Astral Codex Ten archive, appearing 6 times across 6 issues between March 03, 2021 and November 07, 2023. The archive places it in contexts such as “Elizabeth (AcesoUnderGlass) on what she learned by studying the recession of 1973”; “but in the latter part of the reign of Elizabeth, half a bushel of wheat would purchase three day’s common labor”; “Elizabeth says it’s true : putting your phone in grayscale makes it less addictive”. It most often appears alongside Wikipedia, Bay Area, Google.
Metadata
- Category: People
- Mention count: 6
- Issue count: 6
- First seen: March 03, 2021
- Last seen: November 07, 2023
Appears In
- Links For March
- Your Book Review: Progress And Poverty
- Links For February
- Another Bay Area House Party
- Highlights From The Comments On Supplement Labeling
- Highlights From The Comments On Kidney Donation
Related Pages
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- Wikipedia (4 shared issues)
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- Bay Area (3 shared issues)
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- Google (3 shared issues)
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- Australia (2 shared issues)
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- Belgium (2 shared issues)
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- Bible (2 shared issues)
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- Blackrock (2 shared issues)
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- China (2 shared issues)
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- FDA (2 shared issues)
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- Germany (2 shared issues)
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- Ireland (2 shared issues)
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- Nature (2 shared issues)
External Links
Source Context
Recovered passages from the original issue text. When the raw archive preserved outbound links inside the source passage, they are listed directly under the quote.
2: Elizabeth (AcesoUnderGlass) on what she learned by studying the recession of 1973. “My best guess is that something was going wrong in the US and world economy well before 1971, but the market was not being allowed to adjust. Breaking Bretton Woods took the finger out of the dyke and everything fluctuated wildly for a few years until the world reached a new equilibrium.”
Inline links: studying the recession of 1973
Illustration courtesy of geoliberal This is how it's possible to have urban blight and slums in areas with extremely high land values. Even if there's a temporary dip in prices, speculators know that if they just keep HODLing the general trend – absent a local collapse – is that land value always goes up. Here's George: Take now... some hard-headed business man, who has no theories, but knows how to make money. Say to him: "Here is a little village; in ten years it will be a great city—in ten years the railroad will have taken the place of the stage coach, the electric light of the candle; it will abound with all the machinery and improvements that so enormously multiply the effective power of labor. Will in ten years, interest be any higher?" He will tell you, "No!" "Will the wages of the common labor be any higher...?" He will tell you, "No the wages of common labor will not be any higher..." "What, then, will be higher?" "Rent, the value of land. Go, get yourself a piece of ground, and hold possession." ...without doing one stroke of work, without adding one iota of wealth to the community, in ten years you will be rich! In the new city you may have a luxurious mansion, but among its public buildings will be an almshouse. I don't think it's a coincidence that real estate is one of the oldest investments on Earth and the principal concern of basically every war ever. V. The Problem Solved We had two questions at the beginning of this book: why are there industrial depressions, and why poverty seems to advance alongside progress. You guess it, it's all because of land and rent. By George, industrial depressions are caused by land speculation Speculation has a tendency to press the margin of production down until it's just past its limit, forcing labor and capital to accept returns so small that it actually hinders production or ceases altogether. The saving grace is that as long as the population is growing and/or technology is improving, productivity will go up, and production will start again. But soon enough the land values go up. This drives speculators bidding up the price of land, anticipating future even higher land values, which stresses the productive margin again. So you get a cycle – productivity rises, economy booms, land values rise, production stagnates or stops. No matter how complicated or sophisticated the economy gets with layer upon layer of financialization and abstraction, when you unravel it all George says this is the ultimate cause. Periods of industrial activity always culminate in a speculative advance of land values, followed by symptoms of checked production This is how you get the baffling situation where able hands are eager and willing to work, capital is ready to employ them, natural materials are abundant, and yet the laborers are idle and the factories stand empty. So that's it for industrial depressions. What about the other paradox of poverty advancing alongside progress? By George, poverty advances alongside progress because of rent The reason why, in spite of increase of productive power, wages constantly tend to a minimum which will give but a bare living, is that, with increase in productive power, rent tends to even greater increase, thus producing a constant tendency to the forcing down of wages. George backs this up with several pages of specific regional figures demonstrating how land values have continued to explode all over the world. By George, on average and in the long run, no amount of hard work from labor, no force multiplication from capital, no increased gain from co-operation and specialization, no labor-saving invention or increase in personal efficiency, work ethic, or morals, can escape the long reach of rent. In short, increased power of production has everywhere added to the value of land; nowhere has it added to the value of labor; George notes that the mass die-off of the Black Death in England in the 1300's significantly reduced the productivity of the individual laborer, and yet wages went up. That's because the decreased population also caused a massive drop in competition for land, in turn causing rents to plummet. (For more detail on this read about the Peasants' revolt, also known as Wat Tyler's rebellion). George says the opposite happened during the reign of Henry VIII, who seized the lands of the church and those held in common by the peasants, and handed them out to newly minted aristocrats, which was followed by suppressed wages. In the reign of Henry VII., half a bushel of wheat would purchase but little more than a day's common labor, but in the latter part of the reign of Elizabeth, half a bushel of wheat would purchase three day's common labor. He sums it all up like this: Material progress cannot rid us of our dependence upon land; it can but add to the power of producing wealth from land; and hence, when land is monopolized, it might go on to infinity without increasing wages or improving the conditions of those who have but their labor. So there's our answer: the monkey wrench that causes the boom-bust cycle of industrial depressions is rent, and even though we have more than enough material wealth to provide for everybody's needs, rent prevents us from distributing it fairly and equitably. Volume II Okay, The Rent Is Too Damn High, and now we finally know why. What are we going to do about it? Insufficiencies of Remedies Currently Advocated George goes down the list of everything we've already tried and why it hasn't worked (or has worked, but less well than we hoped), which you can read about in Appendix C (there's a link that returns here at the end): Appendix C: The Insufficiency of Remedies Currently Advocated The Remedy George says the solution is to make land common property. He doesn't want to confiscate land, or force everyone to live on some giant hippie commune. He proposes instead to let everyone continue to "own" land exactly as they do now, but we should impose a special tax to neutralize the perverse incentives of land rent. He anticipates a lot of pushback on this, and promises that his remedy: Is just
14: You’ve probably heard statistics about how 50% of transgender youth attempt suicide before age 21. This paper tries to analyze the situation in more depth. The 50% number usually comes from surveys, but there’s some evidence people exaggerate on surveys, rounding up “I think about it a lot” to “I attempted”. The authors gather data on completed suicides among trans people, and find that they’re about 0.01%/year (which is about 5x the cisgender rate). If we suppose that people have about 5 years between becoming transgender and turning 21, then the 50% attempted suicide rate → 0.05% completed suicide rate implies that 1/1000th of the youth who report attempting suicide on surveys complete suicide - which sounds about right to me [but see this comment for a critique] 15: Gwern on the failures of 20th century eugenics. I’ve previously linked a piece about how, aside from the general moral failure, the 20th century eugenicists got lots of implementation details really wrong. Gwern adds to the picture: they had a purely Mendelian (as opposed to polygenic) model of intelligence, and felt that bad traits were probably caused by single recessive genes. This dichotomized the population in a way that contributed to the moral problems - if IQ is truly a continuum, then someone with 120 IQ might still wonder if they were “inferior” to someone with 130 IQ, in a way that made them feel some sympathy to someone with 80 IQ who was being pronounced “inferior” by the eugenicists of the time. But instead, they thought some people had the specific recessive “low intelligence” gene, those people could be “cleansed” from the population, and then everyone else would be fine! It also prevented them from considering improving the populace by encouraging intelligent people to breed more (as opposed to sterilizing unintelligent people) - this wouldn’t eliminate the recessive variants that were causing all the trouble! I’m confused how they could have believed this even with the limited knowledge of the time; this was long after Galton had proven that genius was genetic, and once you have genetic genius you know there’s more going on than Mendelian inheritance of subnormality. 16: Sexual selection bridges peaks in adaptive fitness landscapes 17: NFTorah: “The Torah [is] the original blockchain”. I think it’s funny that this exists, but it’s exactly what you would expect, and you don’t have to click on the link. 18: More IRB nightmares. 19: @ethanbdm When we piloted a public lottery to evaluate cash transfers in Liberia, the potential recipients arranged beforehand to insure one another. After the randomization and grant, the winners compensated the losers and unraveled the field experiment.","username":"cblatts","name":"Chris Blattman","profile_image_url":"","date":"Tue Jan 18 19:01:29 +0000 2022","photos":[],"quoted_tweet":{},"reply_count":0,"retweet_count":77,"like_count":678,"impression_count":0,"expanded_url":{},"video_url":null,"belowTheFold":true}" data-component-name="Twitter2ToDOM"> 20: DeepMind made a programming AI that was able to participate in a human coding competition and place around the middle. Nostalgebraist gives his thoughts: “impressed with the raw performance, not massively surprised, not sold that it implies anything big in particular”. A lot of people will be watching whether it can win programming competitions outright a year or two from now, though I bet their perspectives on how relevant this is for AI takeoff speeds will be pretty mixed. 21: Effective altruist organizations as Zendaya outfits. 22: Brain Efficiency: Much More Than You Wanted To Know. “Why should we care? Brain efficiency matters a great deal for AGI timelines and takeoff speeds, as AGI is implicitly/explicitly defined in terms of brain parity.” 23: I’m not going throw out my copy of The Case Against Education just yet - I haven’t checked this study but I bet there are lots of possible confounders. Still, this would be fun for somebody more interested to analyze in depth: 24: Best of Scott Sumner archives: There’s Only One Sensible Way To Measure Economic Inequality. “You cannot put the burden of a tax on someone unless you cut into his or her consumption. If … tax increases did not cause Gates and Buffett to tighten their belts, then they paid precisely 0% of that tax increase. Someone else paid, even if they wrote the check. If they invested less due to the tax, then workers might have received lower wages. If they gave less to charity then very poor Africans paid the tax.” 25: The latest in the Greater Male Variability Hypothesis: Harrison, Noble, and Jennions publish a meta-analysis failing to find evidence of greater male variability in the personality of non-human animals. Del Giudice and Gangestad have a rebuttal saying that they were underpowered to detect it even if it did exist, plus noting the ways that media coverage of this study was incredibly irresponsible even by its own terms. 26: Some recent critiques of Cook (2014) on racial violence vs. black patents, including Michael Wiebe challenging the violence measures and AnechoicMedia arguing that the black patent measure declines right when switching from one (more complete) dataset to another (less complete) one. Rebuttal by Brad DeLong here, he argues that Cook uses multiple methods and some of them don’t have this problem. Relevant since Cook is now being considered for the Federal Reserve; see eg this Wall Street Journal editorial against. 27: Claim: 31% of British people say they have seen or met Queen Elizabeth (this seems plausible to me, I would answer ‘yes’ to this because she visited Ireland when I lived there, I watched the parade in her honor, and I could vaguely glimpse her on the inside of her car). 28: This couple-of-month-period in wokeness: Scientific American attacks late biologist EO Wilson, in a screed whose highlight is calling him problematic for describing ants as having “colonies”. This is part of a more general (and surprisingly fast) pivot at Scientific American from real science to culture warring; when even Eric Turkheimer thinks you’ve gotten too woke, you’ve gotten too woke.
Inline links: This paper, this comment, the failures of 20th century eugenics, bridges peaks in adaptive fitness landscapes, NFTorah:, IRB nightmares, DeepMind made a programming AI, Nostalgebraist, Effective altruist organizations as Zendaya outfits, Brain Efficiency: Much More Than You Wanted To Know, There’s Only One Sensible Way To Measure Economic Inequality, Harrison, Noble, and Jennions, Del Giudice and Gangestad, challenging the violence measures, arguing that the black patent measure declines, here, this, seen or met Queen Elizabeth, highlight, even Eric Turkheimer thinks you’ve gotten too woke
42: This sounds like the sort of catchy/exciting idea that would become an urban legend whether it was true or not, but Elizabeth says it’s true: putting your phone in grayscale makes it less addictive.
Inline links: Elizabeth says it’s true
“I quit my job at Google to work on promoting altruistic kidney donation,” says the woman you have almost bumped into. She wears a white dress, and statistically her name is most likely Elizabeth or Anna. “I’m the liaison between hospitals and religious groups.”
“Well,” said Anna-or-Elizabeth, “it depends on the religion. Most Christian sects are okay with organ donation, except Jehovah’s Witnesses. Muslims are a little more complicated; some of the old-fashioned ones believe the body belongs to God and you shouldn’t give parts of it away, but most scholars have come around. As always, the worst is the Jews.”
“Darn!” says Anna-or-Elizabeth, “I hadn’t considered that! It’s all so complicated!” She thought for a while and frowned. “This is why I can’t stand Jews!”
Some commenters chimed in to discuss supplements that have anecdotally worked for them (1, 2, 3). And Elizabeth’s story here is also a good example of how I think about this.
These concerns aren't totally theoretical. Elizabeth of Aceso Under Glass has recently started fighting EA vegan advocates for engaging in exactly these kinds of tactics: https://acesounderglass.com/2023/09/28/ea-vegan-advocacy-is-not-truthseeking-and-its-everyones-problem/
Inline links: https://acesounderglass.com/2023/09/28/ea-vegan-advocacy-is-not-truthseeking-and-its-everyones-problem/
https://acesounderglass.com/2023/05/30/change-my-mind-veganism-entails-trade-offs-and-health-is-one-of-the-axes/