Monday, September 16, 2019

Sowell #2



If he does not fight, it is not because he rejects all fighting as futile, but because he has finished his fights. He has overcome all dissensions between himself and the world and is now at rest... We shall have wars and soldiers so long as the brute in us is untamed. -Sarvepalli Radhakrishnan, philosopher and second president of India


 A lot of angst over the Steelers. Is it too early to play for the draft choice?
Thomas had a ticket.

There is a strange silence over the attack on the Saudi oil fields this weekend. It did a lot of damage with surprising ease. While the cynics might say that this is an opportunity for alternative energy sources to show their metal, the rest of us must look at the problem for what it is, a mindless effort to disrupt commerce, trade and economic wellbeing of the world by, presumably, people whose faith in their god includes a willingness to suffer annihilation and a world conflagration over it. And a drone attack leaves just enough doubt over the origin to deter thoughtful people. So now a war is threatened, presided over such thoughtful world leaders as Iran's aging theocrat, the gangster Putin and whatever Trump is.
Bush would have consulted his intel, then hit them, Obama would have drawn a line in the sand. What we will have now, I do not know.

 If someone like me can be demoted, harassed, and then effectively fired for expressing my views, think of what an intimidating effect this has on younger professionals, who are not yet established in their careers. And that should not be how academics proceeds or how science proceeds. We think together, we reason together, we talk together. My colleagues couldn’t do that. And I think we see that nationally as well.--Allen Josephson, on being fired from his medical chairmanship at U.K. after giving his opinions on gender dysphoria  in an interview

The sanyaku are the elite of sumo-dom. There are three ranks in this class, the komusubi, the sekiwake and finally the ozeki or champions. Last of all at the top of the pile are the grand champions, the Yokozuna. The names are all
technical appellations. Yokozuna, for example, means the ‘wearer of the Emperor's belt’. Yokozuna can earn as much as 2.74 million yen, about $24,000 or £16,000 per month.

                                        Sowell #2

1. Knowledge. “The cavemen had the same natural resources at their disposal as we have today, and the difference between their standard of living and ours is a difference between the knowledge they could bring to bear on those resources and the knowledge used today.”
2. Obamacare. “If we cannot afford to pay for doctors, hospitals, and pharmaceutical drugs now, how can we afford to pay for doctors, hospitals, and pharmaceutical drugs, in addition to a new federal bureaucracy to administer a government-run medical system?”
3. Economics vs. Politics I. “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. Politics deals with the same problem by making promises that cannot be kept, or which can be kept only by creating other problems that cannot be acknowledged when the promises are made.”
4. Economics vs. Politics II. “The first lesson of economics is scarcity: There is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics. When politicians discover some group that is being vocal about not having as much as they want, the “solution” is to give them more. Where do politicians get this “more”? They rob Peter to pay Paul. After a while, of course, they discover that Peter doesn’t have enough. Bursting with compassion, politicians rush to the rescue. Needless to say, they do not admit that robbing Peter to pay Paul was a dumb idea in the first place. On the contrary, they now rob Tom, Dick, and Harry to help Peter.”

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