Saturday, October 12, 2019

Chambersburg

We've got all the information in the world on everybody. The point is to go out there and execute.--Pirate rookie pitcher, Keller 

Heading back to Sarasota today.
Had dinner with Joanne Kane and her sister last night. Good meal at Bonefish.

An Aug. 8 nuclear accident near Nyonoksa, Russia, was caused by a nuclear reaction that occurred while Russians were attempting to recover a nuclear-powered cruise missile submerged in the White Sea after a failed test last year.

This is the fundamental fact on which the whole philosophy of individualism is based. It does not assume, as is often asserted, that man is egoistic or selfish or ought to be. It merely starts from the indisputable fact that the limits of our powers of imagination make it impossible to include in our scale of values more than a sector of the needs of the whole society, and that, since strictly speaking, scales of value can exist only in individuals minds, nothing but partial scales of values exist – scales which are inevitably different and often inconsistent with each other. From this the individualist concludes that the individuals should be allowed, within defined limits, to follow their own values and preferences rather than somebody else’s; that within these spheres the individual’s system of ends should be supreme and not subject to dictation by others. It is this recognition of the individual as the ultimate judge of his ends, the belief that as far as possible his own views ought to govern his actions, that forms the essence of the individualist position.--The Road to Serfdom

A lot of debate over the economic nature of the Scandinavian countries. Socialist? Just how socialist? Democratic socialist? Well, there is indeed debate. But, if anyone gets confused, these countries are absolutely socialist: North Korea, Venezuela, Cuba.



                         Chambersburg


The strange discussion over the wealth of the Confederacy--and its being the origin of capitalism(!)--continues. Makes you wonder how the North had the wherewithal to win. Here is Phelan's take:



"The Confederacy was reduced to shaking down frontier towns for cash, as when, in 1864, Chambersburg in Pennsylvania was burned after refusing to pay up on an extortion demand. Indeed, Harvard economist Nathan Nunn has found a strong negative relationship between the historical existence of slavery in a county or state and its level of income, lasting into the present day.
Debates between academics seldom go mainstream, but this one matters. On the back of a number produced by Baptist’s ignorance and peddled by Desmond in his New York Times article, Congress is being lobbied to take billions of dollars from one group of Americans and give them to another group.
This, like the burning of Chambersburg, is a political shakedown, pure and simple, and the likes of Desmond, Baptist, and others are simply cooking up dodgy numbers to try to justify it. It is a disgrace to the history profession."

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