Wednesday, March 26, 2025

Notes


The DOGE play is much ado about nothing. It will not stop us from getting to where the government can no longer borrow enough to fund its spending, including the ever-rising share of interest payments. At that point, we will be staring in the face the threat of Weimar-era hyperinflation, confronting our political leaders with the need to suddenly do something serious and substantive. The curtain will come down on the political theater.--Kling

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Capitalism is based on companies competing for the favour of consumers with better goods and services, but unfortunately many companies choose instead to compete for the favour of politicians to get subsidies, tariffs, regulatory benefits, and bailouts so that they do not have to worry about consumers.--Norberg

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Great book title: A Tyranny for the Good of its Victims:

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Notes (others)

Very interesting, if true:

A period of dedicated rest after learning improves memory.

For offline waking rest to be comparable to post-learning sleep in terms of its effect on recall, the key is to make your breaks as similar to sleep as possible. No music. No screens. No chatting with friends.

Just quiet downtime, preferably with your eyes closed, or if that’s not possible, doing something mindless. Taking a walk. Looking out the window.

Or even exercising. A study published in Psychology of Sport and Exercise found that exercising after learning significantly improves memory, recall, and retention.

In fact, a study published in Journal of Epidemiology and Community Health in 2023 found that just six to 10 minutes of moderate to vigorous exercise can improve your working memory and significantly improve higher-level cognitive skills like organization, prioritization, and planning – regardless of when that exercise session takes place.

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We all want clean air and water, don’t we? The only problem is that there has never been any such thing.

Any one of us could make the air in his own home cleaner by installing all sorts of costly filters, and we could eliminate many impurities in water by drinking only water that we distilled ourselves. But we don’t do that, do we? We think it is too costly, whether in money or in time.

Only when we are putting costs on other people do we go hog wild like that. Making us pay is one way to make us think.--Sowell

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In an executive order last week, President Trump directed White House security advisers to draw up a national resilience plan for critical infrastructure that shifts more responsibilities to the state and local level.

About a week earlier, the Department of Homeland Security cut about half of the federal funding, or $10 million, to the Multi-State Information Sharing and Analysis Center, which shares threat intelligence among states.

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USAID

Kim Strassel is one of the WSJ's very able editorialists. She recently wrote an article on USAID, its history, the attempt to fix it, and the validity of the attacks on those efforts. There's no real reason to revise it so I've pasted it here in its entirety for anyone who missed it.

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