The fatal conceit is the assumption that the world can be shaped according to human desires. This paper argues that the logic of the fatal conceit can be applied to foreign interventions which go beyond the limits of what can be rationally constructed by reason alone. In suffering from the fatal conceit, these interventions are characterized by: (1) the realization that intentions do not equal results, (2) a reliance on top-down planning, (3) the view of development as a technological issue, (4) a reliance on bureaucracy over markets, and (5) the primacy of collectivism over individualism. These characteristics explain why interventions extending beyond the limits of what can be rationally constructed tend to fail.
The authors are Christopher J. Coyne and Rachel L. Mathers and you can read the rest for free here.
AEI’s Dalibor Rohac has a great column on how liberals (who if you haven’t noticed are losing the war of ideas as of lately) can reclaim the narrative of globalism.
He encourages liberals to
…show the national interest is not advanced by empty promises of manufacturing jobs, immigration bans and ethnic homogeneity. Instead, it is best served by economic openness, international engagement by liberal democracies and reasonably liberal immigration policies.
He further states
What liberal leaders must offer is a different narrative about national identity and national greatness, one we might call “internationalist nationalism.” A genuine commitment to prosperity and success of one’s own country, they must argue, goes hand in hand with the embrace of openness, economic dynamism and globalization.
Such a perspective has been absent from the larger debate as those who advocate open markets, relatively open borders, and the institutionalization of international politics have usually assumed that the net benefits speak for themselves. Yet the lure of tribalism is most seductive when one’s identity is least certain, such as in the wake of the creative destruction of globalization.
The rest of the article can be found here.