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arctotherium Profile picture
@arctotherium42
Feb 26 • 5 tweets • 2 min read • Read on X
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It is completely false that redlining was "explicit racial gatekeeping." 92% of redlined homes were white! Redlining was based on bureaucrats trying to predict if home values in an area would go up or down so as to avoid wasting taxpayer money on bad loans. Image
Almost all black neighborhoods were redlined because black neighborhoods tend to be poor, violent, dirty, and getting worse (because of black behavior), and so not places people want to move to. This was true in 1936, it was true in 1966, and it is true today.
The current view of "redlining" in the popular consciousness is a (wholly, 100% false) narrative to frame current black lack of housing wealth as the result of past white malfeasance and hence justify white expropriation.
Redlining is the cause of the infamous Seattle Swedish ghetto; if not for evil WASP bureaucrats in the 1930s Swedish-Americans would be middle class successes too.
nber.org/system/files/w…

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More from @arctotherium42

arctotherium Profile picture
Feb 26
Thread with excerpts from Helen Andrews "Boomers" (2021). Image
Steve Jobs was an atypical Boomer - he didn't care for politics or philanthropy. Also did not like porn and saw himself as an institution builder, not a destroyer, and closer in personal habits and ideals to the founder of IBM than his age peers. Image
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Unlike Jobs, Tim Cook is a very political CEO of Apple, and awarded for it by the UN and ADL. Image
Read 21 tweets
arctotherium Profile picture
Feb 25
Thread with excerpts from Charles Murray's "Losing Ground" (1984), a book on the failure of US welfare and social policy 1950-1980 to achieve its goals. Image
In 1950, poverty was such a non-issue it was causing problems - philanthropists had nothing obvious to do [perhaps the foundations went race communist]. In 1968, after a huge economic boom, mainstream papers predicted imminent race war without massive welfare expansion. Image
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Social welfare expenditures increased by a factor of 20 (!) 1950-1980. The goals, per Kennedy, who initiated this change: preserving the family unit and ending dependency, disability, ill health, and juvenile delinquency. Image
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Read 30 tweets
arctotherium Profile picture
Feb 23
Most Spanish South American countries had very liberal constitutions on independence, guaranteeing property, liberal freedoms like speech and contract, and abolishing the fueros and legal caste/race distinctions, often inspired by but going further than the United States. Image
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Many people claim the US was founded as a [classical] liberal state without racial or ethnic content. This is mostly not true; the US was founded by Whigs (the word liberal was coined around 1800) and had explicit race laws. But it *is* true of most of Latin America. Image
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Spanish-American liberals were within the Spanish liberal tradition, much like the Founding Fathers were Whigs. 19th Hispanic century liberalism, politically very successful, is overlooked vs Britain or France. Liberalism won but failed in both Spain and America. Image
Read 5 tweets
arctotherium Profile picture
Feb 21
In experimental settings, blacks of both parties and white Democrats favor black criminals over white ones in sentencing and pardoning decisions, while white Republicans have no racial preference. Image
The same effect shows for sentencing. Of note: black Republicans are basically indistinguishable from black Democrats, in aggregate. Image
This is driven by racial liberalism (believing things such as anti-black bias being a major problem in the justice system). More racial liberalism => more pro-black bias. Image
Read 6 tweets
arctotherium Profile picture
Feb 21
In 2009, Denmark cut the top marginal tax rate 7%, from 63% to 56%. Thanks to Denmark's population register, we can estimate the effect of this tax cut on the fertility of coupled (married+cohabitation) men and women. More money increased male and reduced female fertility. Image
Specifically: higher wages (increasing the opportunity cost of time) reduced women's fertility and had negligible effects on men, while higher incomes (increased money overall) had negligible effects on women and increased male fertility (ie, children are a normal good).
Many pro-natal policies are effectively transfers from men to women, which is counterproductive.
Read 5 tweets
arctotherium Profile picture
Feb 21
Thread with excerpts from "Why Post-Liberalism Failed." Thesis: liberalism is dead and has been for a long time. Modern post-liberalism fails because self-described post-liberals are attacking an order that died a century ago; we live under actually-existing post-liberalism. Image
(I would recommend reading the entire essay rather than this thread, because I'm leaving out a lot, but it is quite long. Link here. Thread continues below.)
web.archive.org/web/2023063016…
The liberal order was defined by non-interference, freedom of contract, and negative right. It was already clearly threatened by the 1880s in Britain, as lamented by Herbert Spencer. Image
Read 19 tweets

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