Monday, April 20, 2026

A Zero-Sum



On this day:
1653
Oliver Cromwell dissolves the Rump Parliament.
1775
American Revolutionary War: the Siege of Boston begins, following the battles at Lexington and Concord.
1862
Louis Pasteur and Claude Bernard complete the first pasteurization tests.
1902
Pierre and Marie Curie refine radium chloride.
1918
Manfred von Richthofen, aka The Red Baron, shoots down his 79th and 80th victims, his final victories before his death the following day.
1961
Failure of the Bay of 
Pigs Invasion of US-backed troops against Cuba.
1972
Apollo 16, commanded by John Young, lands on the moon.
1978
Korean Air Flight 902 is shot down by the Soviet Union.
1980
Climax of Berber Spring in Algeria as hundreds of Berber political activists are arrested.
1999
Columbine High School massacre: Eric Harris and Dylan Klebold kill 13 people and injure 24 others before committing suicide at Columbine High School in Jefferson County, Colorado.
2008
Danica Patrick wins the Indy Japan 300, becoming the first female driver in history to win an Indy car race.

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[Foreign aid is] “an excellent method for transferring money from poor people in rich countries to rich people in poor countries.” ― Lord Peter Bauer

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Ke'Bryan Hayes' glove remains elite. The two-time Gold Glove Award-winner has already contributed 4 defensive runs saved — the most among any third baseman.
The problem: through his first 17 games, he's hitting just .064 with a .137 on-base percentage. He only has three hits on the young season — all singles — and was replaced in the starting lineup by Eugenio Suárez for the Reds' series opener against the Minnesota Twins on Friday night.

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The gerrymandering of Virginia is not simply a maneuver to influence national politics for the benefit of one political establishment; it does so by depriving the local state citizens of representation.

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California paid $9 billion in health care for illegal immigrants last year.

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A Zero-Sum

As the debt grows, so will its interest in both absolute dollars and proportion of spending. That is to say, the debt financing will increase at the expense of social spending. So there will be a true zero-sum relationship between debt financing and social funding. And also between one social spending area and another.
These are, superficially, very serious-looking social dynamics but seem not to be worthy of discussion.

 

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