Messianic causes, religious or political, demand engagement. It should be clear that no culture can be safe from them. The idea that the U.S. specifically or the West generally can simply disengage and walk away from the Middle East or Russia is naive.
--The FBI's first instinct (their first announcement from Ms. Duncan declared the attack 'was not terrorism') is to manage public opinion. Truth does not seem ever to be a priority.--60% of radical Islamic online social media presence is from North Africa.
--Messianic causes are programmed to engage, regardless of their victims' nature. That is why they are so comfortable attacking schools, hospitals, and nunneries. They are robotically aggressive. They will not stop.
***
Argentina’s deregulation czar, Federico Sturzenegger has discovered a rough rule of thumb: Where deregulation happens, prices decline in the range of 30%. He has seen it in textiles, logistics, and some agricultural products.
30% is a decade of 3% extra growth.
***
One in eight individuals will end up in the top 1% of U.S. income earners at least once in their lifetimes; only 1 in 166 will remain there for a decade.
***
Americans and Europe
The Americans are deeply criticized by a loud, intense, European minority. Some are simple foreign agents on a relentless, insincere social media crusade, some are fanatical faith-based social zealots, and many are mean, jealous outsiders with a nationalist bias. Here is a clarifying little snippet that is informative:
'While Europe has created 14 companies worth more than $10 billion in the past 50 years, with about $400 billion of market value in total, Americans have created nearly 250 such companies, worth $30 trillion.
That success has driven up America’s middle-class incomes. The median disposable U.S. household income, according to the OECD, is now 25% greater than the median German household and 60% greater than the median household in Italy.
Europeans’ incomes would be even lower if they weren’t free-riding on American innovation, defense spending, and higher drug prices, which incentivize research. America’s median incomes would be higher if we had more talent devoted to supervising and creating jobs for blue-collar workers or Northern Europe-like distribution of test scores.
The outsize success of America’s talented entrepreneurs doesn’t stem from their superior intelligence. It comes from working at companies such as Google and Microsoft, which mine the technological frontier and expose employees to valuable knowledge, insights, and opportunities. Apple is worth more than the 30 largest German companies combined. Apple’s employees and its alumni use their knowledge and training to create more value than their counterparts in Europe.
Unlike Europe, the enormous success of American entrepreneurs motivated an army of talented Americans to get valuable on-the-job training, work longer hours, take risks, and succeed. A small amount of success bubbles up from a large pool of failure.
…..
When entrepreneurs capture as little as 5% of the value they create for others, it makes little sense to encourage successful risk-takers to quit working long before they achieve outsize success. With the effect technological success has on the productivity of talented American workers, who are our constraint to growth, and the effect of their productivity on the growth of middle-class incomes relative to Europe, that’s not a “policy failure.”'--Conard
Argentina’s deregulation czar, Federico Sturzenegger has discovered a rough rule of thumb: Where deregulation happens, prices decline in the range of 30%. He has seen it in textiles, logistics, and some agricultural products.
30% is a decade of 3% extra growth.
***
One in eight individuals will end up in the top 1% of U.S. income earners at least once in their lifetimes; only 1 in 166 will remain there for a decade.
***
Americans and Europe
The Americans are deeply criticized by a loud, intense, European minority. Some are simple foreign agents on a relentless, insincere social media crusade, some are fanatical faith-based social zealots, and many are mean, jealous outsiders with a nationalist bias. Here is a clarifying little snippet that is informative:
'While Europe has created 14 companies worth more than $10 billion in the past 50 years, with about $400 billion of market value in total, Americans have created nearly 250 such companies, worth $30 trillion.
That success has driven up America’s middle-class incomes. The median disposable U.S. household income, according to the OECD, is now 25% greater than the median German household and 60% greater than the median household in Italy.
Europeans’ incomes would be even lower if they weren’t free-riding on American innovation, defense spending, and higher drug prices, which incentivize research. America’s median incomes would be higher if we had more talent devoted to supervising and creating jobs for blue-collar workers or Northern Europe-like distribution of test scores.
The outsize success of America’s talented entrepreneurs doesn’t stem from their superior intelligence. It comes from working at companies such as Google and Microsoft, which mine the technological frontier and expose employees to valuable knowledge, insights, and opportunities. Apple is worth more than the 30 largest German companies combined. Apple’s employees and its alumni use their knowledge and training to create more value than their counterparts in Europe.
Unlike Europe, the enormous success of American entrepreneurs motivated an army of talented Americans to get valuable on-the-job training, work longer hours, take risks, and succeed. A small amount of success bubbles up from a large pool of failure.
…..
When entrepreneurs capture as little as 5% of the value they create for others, it makes little sense to encourage successful risk-takers to quit working long before they achieve outsize success. With the effect technological success has on the productivity of talented American workers, who are our constraint to growth, and the effect of their productivity on the growth of middle-class incomes relative to Europe, that’s not a “policy failure.”'--Conard
There are myriad additional factors involved with the distinctions here. Many are outlined by the insightful McClosky. Another is the failure of Americans to indulge in vindictive, self-destructive tax policies. However the major one is an old De Tocqueville observation: Americans regard success highly and do not see the success of others as an impediment to their own individual efforts to attain similar success.
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