Wednesday, November 21, 2018

Reverie

One ought, every day at least, to hear a little song, read a good poem, see a fine picture and, if it were possible, speak a few reasonable words. -Johann Wolfgang von Goethe, poet, dramatist, novelist, and philosopher (1749-1832)


The overarching message of “The Opportunity Cost of Socialism”—a study recently released by the President’s Council of Economic Advisers (CEA)—is that the advocacy of socialism cannot reasonably be based on policy preferences; its attraction has always been grounded in a combination of wishful thinking and ignorance. For example, the new CEA study shows that the socialist approach to “single payer” health care advocated by many on the left would cost much more and deliver much less, resulting in the significant worsening of mortality and morbidity, not just higher taxes and reduced economic growth.


 Gallinaceous
  1. belonging or pertaining to the order Galliformes, comprising medium-sized, mainly ground-feeding domestic or game birds, as the chicken, turkey, grouse, pheasant, and partridge.
  2. pertaining to or resembling the domestic fowls.
The adjective gallinaceous comes straight from the Latin adjective gallīnāceus, a derivative of gallīna “hen,” itself a derivative of the noun gallus “rooster, cock.” Further etymology is uncertain: gallus may come from the Proto-Indo-European root gal- “to call, cry.” If so, gallus (from unattested galsos) means “shouter, crier” and is related to Lithuanian galsas “echo,” Polish głos “voice,” and English call (via Old Norse kall). Gallinaceous entered English in the 18th century.


 
Trump started school at Fordham, transferred to U. Penn and graduated from Warton with a B.S. degree (no pun intended) in economics.
 
The so-called Spanish Flu of 1918 probably really started in Kansas.

The rapid changes in the development of mankind over the last 100,000 years has been a problem difficult to explain. A new thesis has emerged, epigenetics.

There is a basic problem with socialism: Its false promise to create wealth better than capitalism can. Advocates of socialism promise great economic achievements, which they argue are worth the price of reduced individual economic liberty. The difference between market-based and socialist economies is not the presence of redistributive policies per se. For over a century, around the world, market-based economies have taxed and redistributed wealth, and provided a host of services such as public education and care for the poor, sick, and elderly. The difference is that in market-based systems taxation is regarded as an unfortunate burden, which is employed out of necessity to ensure that other priorities are achieved. In contrast, in socialist regimes, taxation is not regarded as an undesirable consequence, but as a means to prevent individuals from counterproductively controlling their collective economic destiny, not just out of envious revenge but because of the never seen superiority of socialism's production over capitalism/freedom.

One of the fascinating developments in the popular conception of government is the confusion of aspiration with rights. So Roosevelt could include with life and liberty as his four basic rights "freedom from want" and "freedom from fear," both quite noble hopes but rights? So, too, the EU has a right of "The Freedom of Employment Counselling." I'm not sure Ethan Allen would have agreed. There is this disquieting subset that holds rights that are whimsical, ephemeral and generally belittling of its fellows. And the cheering of rights in the absence of freedoms.


The Queen's cousin, Lord Ivar Mountbatten, is the first member of the extended royal family to have a same-sex marriage. Lord Ivar married his partner, James Coyle, in a private chapel in Devon.
Lord Ivar's ex-wife, Penny, with whom he has three daughters, gave him away at the ceremony.




27% of U.S. business is Tech. 62% is U.S. based, only 5%  China.

The collapse of Lehman Brothers, the fourth-largest U.S. investment bank was history’s largest bankruptcy filing and presaged the October 2008 evaporation of almost $10 trillion in global market capitalization.

Senator Warren has a new proposal: No business with more than $1 billion in revenue would be permitted to legally operate without permission from the federal government.
Has Trump said anything dumber? This is the true message of the Trump election. Trump is no outlier. He is what these people are.

Prions do not reproduce using DNA. In fact, the may reproduce across distances. They are aliens.

Only 1% of guys who declare free agency in the minors get to the majors within one year. Rodrigues from the Pirates did. 

As Irwin M. Stelzer of the Hudson Institute says, “If unlimited borrowing, financed by printing money, were a path to prosperity, then Venezuela and Zimbabwe would be top of the growth tables.”
When did the Press get so anti-Russian? They were even tolerant of Stalin.

Is it any of Canada’s business whether Saudi women have the right to drive? Isn't advancing Western values in foreign lands the very thing that everyone has been criticizing the Americans for?

Aaaaaaaaannnnnnddddddddd........two graphs:

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