On this day:
971
In China, the war elephant corps of the Southern Han are soundly defeated at Shao by crossbow fire from Song Dynasty troops.
1368
In a coronation ceremony, Zhu Yuanzhang ascends to the throne of China as the Hongwu Emperor, initiating Ming Dynasty rule over China that would last for three centuries.
1556
The deadliest earthquake in history, the Shaanxi earthquake, hits Shaanxi province, China. The death toll may have been as high as 830,000.
1570
James Stewart, 1st Earl of Moray, regent for the infant King James VI of Scotland, is assassinated by firearm, the first recorded instance of such.
1897
Elva Zona Heaster is found dead in Greenbrier County, West Virginia. The resulting murder trial of her husband is perhaps the only case in United States history where the alleged testimony of a ghost helped secure a conviction.
1941
Charles Lindbergh testifies before the U.S. Congress and recommends that the United States negotiate a neutrality pact with Adolf Hitler.
1943
World War II: Australian and American forces finally defeat the Japanese army in Papua. This turning point in the Pacific War marks the beginning of the end of Japanese aggression.
1960
The bathyscaphe USS Trieste breaks a depth record by descending to 10,911 m (35,798 feet) in the Pacific Ocean.
1968
North Korea seizes the USS Pueblo, claiming the ship had violated their territorial waters while spying.
***
However, as much as the political left loves to use words like “change” and “revolution” as if they had a monopoly or a copyright on them, the actual track record of the left pales in comparison with the social revolutions created by the free market.
No government of the left has done as much for the poor as capitalism has. Even when it comes to the redistribution of income, the left talks the talk but the free market walks the walk.--Sowell
***
Hayek pushes the point that markets are about price discovery. In controlled systems, the price is arbitrary.
***
The astonishing rise of standards of living over the last two centuries has lifted everybody. Even a Dickensian street urchin has joined the productive class with hopes of more than others' success. And some have more success than others. This is the dreaded so-called income disparity. Many reasons might explain these disparities, although one rarely hears that any of the unhappy have themselves to blame.
But the idea that any inequality inspires some to break the system that has revolutionized the world is breathtaking.
***
Mamdani's restricted housing is like restricted car-buying. The story is in the circumstances. There is abundant, affordable housing, but not in Manhattan. Or Marcos Island.
What in the name of heaven is Newsom doing stalking Trump in Davos? Did he think he would rescue the stupid appearance with a stupid gay joke?
In China, the war elephant corps of the Southern Han are soundly defeated at Shao by crossbow fire from Song Dynasty troops.
1368
In a coronation ceremony, Zhu Yuanzhang ascends to the throne of China as the Hongwu Emperor, initiating Ming Dynasty rule over China that would last for three centuries.
1556
The deadliest earthquake in history, the Shaanxi earthquake, hits Shaanxi province, China. The death toll may have been as high as 830,000.
1570
James Stewart, 1st Earl of Moray, regent for the infant King James VI of Scotland, is assassinated by firearm, the first recorded instance of such.
1897
Elva Zona Heaster is found dead in Greenbrier County, West Virginia. The resulting murder trial of her husband is perhaps the only case in United States history where the alleged testimony of a ghost helped secure a conviction.
1941
Charles Lindbergh testifies before the U.S. Congress and recommends that the United States negotiate a neutrality pact with Adolf Hitler.
1943
World War II: Australian and American forces finally defeat the Japanese army in Papua. This turning point in the Pacific War marks the beginning of the end of Japanese aggression.
1960
The bathyscaphe USS Trieste breaks a depth record by descending to 10,911 m (35,798 feet) in the Pacific Ocean.
1968
North Korea seizes the USS Pueblo, claiming the ship had violated their territorial waters while spying.
***
However, as much as the political left loves to use words like “change” and “revolution” as if they had a monopoly or a copyright on them, the actual track record of the left pales in comparison with the social revolutions created by the free market.
No government of the left has done as much for the poor as capitalism has. Even when it comes to the redistribution of income, the left talks the talk but the free market walks the walk.--Sowell
***
Hayek pushes the point that markets are about price discovery. In controlled systems, the price is arbitrary.
***
But the idea that any inequality inspires some to break the system that has revolutionized the world is breathtaking.
***
Mamdani's restricted housing is like restricted car-buying. The story is in the circumstances. There is abundant, affordable housing, but not in Manhattan. Or Marcos Island.
***
What in the name of heaven is Newsom doing stalking Trump in Davos? Did he think he would rescue the stupid appearance with a stupid gay joke?
This is a leader?
***
***
911. Can You hold?
The Minneapolis conflicts have an asymmetry. The ICE problem is an unusual external, whereas the everyday is the local cops, and what is asymmetrical is their absence in civic disturbance, disturbances that are advertised and certainly easy to find. These diffuse confrontations, which seem to be planned with the hope of escalating violence, would be ended with the appearance of the local police. Yet they are not in evidence, even by accident.
How is that possible? How can the people and the organizations responsible for civil order ignore this dangerous chaos? They are employed--and paid--to maintain civil order but seem devoted not to do so.
So, who is responsible for the citizens' safety? For the general order of the community?
And, on a coarser level, who is legally responsible when those agents, for whatever reason, refuse their sworn duty?
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