Antivax position: Even the FDA agrees the vaccine approval process is shoddy enough to let something dangerous through.
Provax position: FDA decisions are political, not scientific. When the state says so, we gotta inject ourselves with something that makes us feel ill. Health!
I hold the declinist provax opinion that most likely the vaccines are safe and effective, but most people are not in an epistemic position to assess this, and society is no longer capable of building the sorts of institutions that deliver safe effective vaccines.
Reasons for skepticism of my stated perspective:
1 This might be the most vaccine-skeptical position you're reliably allowed to see on this platform.
2 My life strategy involves consuming officially prescribed poisons as a costly signal of obedience:
I'm honestly reporting my opinions, and I think I have applied an appropriate level of skepticism of the official narrative, but strong treatment and selection effects have been applied here.

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More from @ben_r_hoffman

15 Apr
Statistics about the worst-off can only explain their bad life outcomes if rules are reliably enforced. Otherwise, statistical descriptions of the behavior of the poor could just as easily be descriptions of the good behavior for which they are being punished, or lies.
Structural racism comes from the selective enforcement of rules on the basis of what feels like a normal outcome, so that existing power relations, not the rules, actually control behavior.
Once you know about structural racism, blaming African-Americans' plight on the prevalence of unwed black mothers goes from naive to comically racist. This is good - it creates an opportunity to correct one's political commitments - but only if we actually use the opportunity.
Read 7 tweets
26 Mar
2 modern ideologies: cybernetics & game theory, i.e. macroeconomics and microeconomics, unseeing each other.
Keynesian cybernetics systematically extends credit to too-big-to-fail, causing secular increase in relative frequency of Moral Mazes.
Classical economics takes a nation's perspective & tries to increase its wealth. Neoclassical game-theoretic ideas like Pareto improvement assume a nation is made of agents in conflict. RBC theory specifically unsees cybernetics.
Read 8 tweets
7 Mar
Ideology: Changes in treasury bond yield affects availability of credit via opportunity cost.
Mechanical explanation: Changes in treasury bond yield affects availability of credit via the market value of banks' capital reserves.
🧵
Lower Yield, Higher Price

Simple bond: an IOU for $10 in a year. If I buy it for $8 now, then it's as though it will go up in value by 25% in a year, so the effective yield is 25%, the same as if I bought an $8 bond paying 25% interest.
Market Price Yield
$10 0%
$9 11%
$8 25%
$7 43%
$6 67%
$5 100%

For any specific claim on future cash, a higher market price IS a lower yield, and vice versa.
Read 27 tweets
26 Feb
@HiFromMichaelV @wolftivy N is a white woman who's worked for 10+ years in credit unions, currently working on a project to expand access to credit for formerly incarcerated people.
@HiFromMichaelV @wolftivy In our first conversation, I pointed out the difference between credit scores as self-fulfilling prophecies about people's ability to roll over their debts based on future access to credit, and underwriting loans based on fundamentals.
@HiFromMichaelV @wolftivy (Her plan involved making special exceptions to the former but not doing anything about the structural features of the system that create privilege classes, and I wanted to point out that the bigger, more profitable, and more systemic-change-oriented opportunity is the latter.)
Read 9 tweets
24 Feb
Empirically incentives are cancelled in America. Aside from ritualized transactions, offering payment or other inducements makes people run away. I personally know two exceptions but I'm exceptionally well connected.
"Sex work is real work" is about bringing sex workers into the professional class with recognized ritualized transactions and an intelligible generally accepted social role. It's coordination against trade, immigrant entrepreneurs, and migrant farm workers.
People in the kinds of privilege classes I know how to get cozy with now approve of sex workers, their eyes light up when I suggested running sex workers for city council, but I don't think that would have happened if I'd suggested other gray-market entrepreneurs.
Read 5 tweets
2 Feb
Betrayal trauma ought to be a matter of public concern, not just a personal medical issue. Applying @jjfreydcourage's insight to the recent coup: benjaminrosshoffman.com/the-trauma-cou…
@AgnesCallard I think this whole thing is quite relevant to your New York Times piece. The same elements keep showing up in multiple contexts: silencing through medicalization and making things strictly about personal feelings to avoid investigating what happened.
Read 4 tweets

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