Wednesday, July 11, 2018

Reverie

“Economics and politics confront the same fundamental problem: What everyone wants adds up to more than there is. Market economies deal with this problem by confronting individuals with the costs of producing what they want and letting those individuals make their own trade-offs when presented with prices that convey those costs. That leads to self-rationing, in the light of each individual’s own circumstances and preferences.”


In an interview with Brown University economist Glenn Loury, discussing affirmative action, Amy Wax, a University of Pennsylvania law professor, mentioned how racial preferences hinder the ability of blacks to succeed academically by admitting them into schools at which they are in over their heads academically. At Penn's seventh-ranked law school, Wax said, she doesn't think that she has ever seen a black law student graduate in the top quarter of his class, and “rarely” is a black student in the top half.
Penn students and faculty members charged her with racism. Law school Dean Ted Ruger did not counter Wax' clearly subjective claim with the statistics he certainly has. Instead he fired her.

The pilot for George R.R. Martin’s recently greenlit Game of Thrones prequel is set to start filming in Belfast in October. The fantasy drama spin-off, which Martin said has a working title of The Long Night, is reportedly set to film at The Paint Hall in Belfast’s Titanic Quarters. The studio has been used to film the main Game of Thrones series and is also home to the Superman TV prequel Krypton and set to house a Star Wars spin-off next year.

A 16-year-old pitcher agreed Sunday to a minor league contract with Kansas City with a $322,500 signing bonus. He is thought to be the first Japanese junior high school player to sign with a major league club.

An American tourist was accidentally shot and killed during a driveby shooting while exiting a taco restaurant in an upscale neighborhood in Mexico City on Monday.


makebate: Archaic. a person who causes contention or discord.
The rare noun makebate comes from the common English verb make and the uncommon, obsolete noun bate “strife, discord,” a derivative of the Middle English verb baten “to argue, contend; (of a bird) to beat the wings” (cf. abate), a borrowing from Old French batre “to beat.” Makebate entered English in the 16th century.
It should make a comeback.

As a result [of things such as sprinklers and fire-retardant materials], fire departments are putting themselves out of business. About 96 percent of their calls are for cardiac arrests and other medical emergencies, and most of the remainder are for small fires.

Former NFL linebacker and executive Matt Millen will likely need a heart transplant. According to Mark Wogenrich of The Morning Call, he is suffering from amyloidosis, a rare, life-threatening disease of blood vessels.

Who is...Annie Dillard?

The New York Times (4/28, B3, Hancock, Subscription Publication) reported that “although most of the” proton-therapy “centers in the” US “are profitable, the industry is littered with financial failure: Nearly a third of the existing centers lose money, have defaulted on debt or have had to overhaul their finances.” Approximately “30 years after the Food and Drug Administration first approved proton therapy for limited uses,” physicians “often hesitate to prescribe it and insurers often will not cover it,” which “means there simply may not be enough business to go around.”

I learn that ten percent of all the world's species are parasitic insects. It is hard to believe. What if you were an inventor, and you made ten percent of your inventions in such a way that they could only work by harnessing, disfiguring, or totally destroying the other ninety percent? -Annie Dillard, author (b. 30 Apr 1945)

The teddy bear was apparently named after President Theodore Roosevelt, after he shot a black bear in Mississippi to put it out of its misery.
The most ever paid for a teddy bear was $2.1m, paid by a Korean collector for a collaboration between Steiff and Louis Vuitton. The next highest price was £110,000 for a Steiff bear owned from the day he was born till the day he died by Bob Henderson, the founder of Good Bears of the World, a charity providing bears for sick children. 
Henderson took his bear with him to the D-Day landings.

Mexico is a fairly prosperous country. It ranks 15th in the world in terms of gross domestic product and is classified as an upper middle-income country by the World Bank. 

The United States, which has less than 5% of the world’s population, is responsible for taking about 80% of the world’s supply of prescription opioids (Manchikanti & Singh, 2008). Over a 10 year period from 1992 to 2012, opioid prescriptions increased by 170 million, going from 112 million to 182 million.
These other countries are just not doing their fair share.

So what are the Steelers going to do without a linebacker? Here is Matt Williamson, a former college and pro scout. He described what will likely be the Steelers "base defense" moving forward.
"Think of it more as a 5-1," Williamson said.
The "5" up front would be familiar. For the purposes of a "starting lineup," Javon Hargrave is on the nose flanked by Stephon Tuitt and Cam Heyward. T.J. Watt and Bud Dupree would be the pass rushers on the outside of the formation as normal.
Barring a push from Cam Sutton, Artie Burns will be a starter at cornerback along with Joe Haden.
So, that's seven players. And that's all pretty familiar. Where the concept — or at least the nomenclature — changes is the "1" in "5-1."
That's basically going to be Vince Williams or Jon Bostic, playing more of a middle linebacker than a traditional 3-4 inside linebacker role.
That leaves three spots on the field to be populated by "safeties," with the two at the second level of the defense performing de facto linebacker tasks.
"I think they'll have two Kam Chancellors," said Williamson, referring to the Seahawks star safety. "If you think about Seattle, they'll have Earl Thomas as a free safety, then they'll have Kam Chancellor as kind of a lurk defender, sort of in the box. But as a high safety in the box. If you have two of them matched with a 5-1 concept, then I think that's the best way to picture this."

In 2017, the Cuban government suspended license issuing for restaurants and “casa particulares”—local bed and breakfasts—citing tax evasion schemes.

What does it say about a culture that elects a guy like Trump as leader and has a woman like Stormy as a standard bearer?

Golden oldie:
steeleydock.blogspot.com
John Wyndham was the pen name of John Wyndham Harris, a successful science fiction writer. His famous book was The Day of the Triffids (195...



There is a story about a "migrant caravan" from  Central America  coming to the U.S.. It is described as a defiance of Trump. Why is that? Isn't it American law this defies?

With the Bryant trade the Steelers are 6 million under the cap.

Associated Press reported: "Protesters are targeting the northern Virginia home of the National Rifle Association's top lobbyist ... Chris Cox ... as well as his wife's nearby decorating business. ... Libby Locke, a lawyer for the Cox family, said the vandalism included spraying fake blood and defacing the home with stickers."
I'll bet these people are also opposed to bullying.

“It is easy to buy a 5 euro canvas at a flea market and to sell it to a small museum for €3,000, while faking a Picasso or a Matisse and selling it to a great Parisian museum is impossible.”-- art historian, Eric Forcada

According to Rummel,  if one counts as a war any conflict in which 1,000 or more people were killed since 1816, the end of the Napoleonic wars, then there were 33 wars involving 353 pairs of nations—such as Germany versus the Soviet Union. None were between two democracies. There were 155 pairs involving a democracy versus a non-democracy and 198 pairings of two non-democracies.

Some 60 million people died during World War II. What’s much less well known is that only about 16 million of the World War II deaths involved combatants.


On its website, NBC News (5/1, Siemaszko) reports researchers from the federal Substance Abuse and Mental Health Services Administration found that “the percentage of fatal overdoses that involved synthetic opioids jumped from 14 percent in 2010 to 46 percent in 2016,” accounting for 19,413 of the 42,249 recorded opioid-related overdose deaths in 2016. The piece adds that 17,087 fatal overdoses were attributed to prescription opioids in 2016, while 15,469 fatal overdoses were linked to heroin.

The Hill (5/1, Weixel) reports that some “4 million Americans lost health insurance in the last two years,” according to an analysis conducted by the Commonwealth Fund, “which attributed the decline to actions taken by the Trump administration.” Data show the uninsured rate rose “significantly compared with 2016 among adults with an individual income of about $30,000 and a family income of about $61,000.”

University of Chicago economics professor Lester Telser,  in his 1987 book, A Theory of Efficient Cooperation and Competition, points out that between 1880 and 1890, the output of petroleum products rose 393 percent, while the price fell 61 percent. Telser writes: "The oil trust did not charge high prices because it had 90 percent of the market. It got 90 percent of the refined oil market by charging low prices."

About a third of corn grown in America is diverted to ethanol production. More than four dozen other countries (including those of the European Union) now have similar requirements. This ethanol mandate, officially called the "renewable fuel standard," imposes significant costs on refiners, but has been a boon to farmers who have seen increased corn demand and prices.


Aaaaaaaaannnndddddd......a graph:

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