My second (unplanned) interview with @nfergus is out!
I had originally called him to get some commentary on the new university he's launching, and it turned into a disquisition on the role of higher education throughout history and in American politics.
The dark conspiracy theory behind the University of Austin is that Niall and others were fed up with academia, and decided (unlike other academics) to actually do something about it.
@nfergus Niall's principal beef was that the culture of both debate and scholarly fellowship that once reigned at the great universities (such as at Oxford in the 80s, when he was a student) is gone, to the detriment of both students and society.
His university aims to bring that back.
Which of course triggered a whole discourse on the role of the university in American society: here I am going on about how American universities fulfill several roles, some scholarly and noble, some merely prestige games among doltish elites who are buying status.
This institution-building is only strange in our even stranger time: historically, Americans have founded lots of universities, including Niall's current academic affiliation Stanford.
Somehow, the Valley titans lack the nerve to create academic competitors to the status quo.
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Just got sucked down a rabbithole of TikTok live videos, and my soul died. It's over, there's no hope.
I took screenshots so I won't think I had some fever dream tomorrow. It's the most batshit crazy stuff ever, if this is the metaverse, it's worse than anything in the Mad Max universe.
My theory that most of the world would be reduced to some slobbering existence in an oral-culture backwater, while a minority would remain textual enough to actually function (and actually help architect the oral ghetto) seems to have gathered more evidence.
Part 1 of my rollicking interview with @nfergus is finally out!
We discuss his new book 'Doom', his doubting atheism and love for Christian choral music, how many children to have, why elites seem so deficient now, and whether we'll beat the Chinese.
@nfergus Historians are the discerners (or designers) of grand narrative arcs, and I asked Niall if our (post) Christian society can survive as a mostly atheist one. We both were rather skeptical.
@nfergus I proposed Judaism as a countervailing example of a religion that's both a binding social glue, and which doesn't require a very personal and hard-to-fake faith.
The Smollett case, which is now going to trial (and which many are selectively forgetting) is a timely illustration of the psychological phenomenon driving us all crazy (and exacerbated by the Internet): cognitive dissonance.
I open the piece with an embarrassing personal example: I accidentally walked into the women's locker room at a gym years ago. My mental model of the world was utterly wrong, but I somehow rationalized the incoming data before *finally* realizing my error and skedaddling.
My comical example is a micro-version of a much bigger phenomenon: every nation, community or political faction has an organizing narrative that collides often with an inconvenient reality, traumatizing believers who feel severe anguish. Somehow, the narrative must be rescued.
@getcallin@mikeeisenberg His book is an interesting parallel between the key readings of the Torah and the very worldly life of venture capitalism...and just modernity more broadly.
Wonder if the world is finally ready for my “CDOs are good actually” take.
Have we all healed enough yet?
This was sparked by reading a crypto-hater’s take that crypto was the new CDO as
1. CDOs are bad,
and 2. they somehow went away as crypto will (they did not)
As long as we have sophisticated credit markets, we’ll have CDOs in some form.
What does Wall Street do?
It takes one type of risk that the economy produces and transforms it, via financial engineering, into another type of risk the capital markets actually want.
You’d think those two would be matched, but in a modern economy they often are very much not.