Quotulatiousness

November 27, 2012

QotD: The “journalism of attachment”

Filed under: Media, Middle East, Quotations — Tags: , , — Nicholas @ 10:57

In conversation with spiked editor Brendan O’Neill, the documentary filmmaker Adam Curtis captured well the admixture of emotionalism and narcissism encouraged by the formal immediacy of much of contemporary journalism: ‘We’ve created a journalism that feeds contemporary emotionalism brilliantly. The Orla Guerins, the poetic Fergal Keanes — they feed it with these cubist blips of description. Dark. Dangerous. The horror. It’s very much of its time, of its emotional time. But by doing this, we are amplifying and increasing people’s emotional sense that everything happens inside their heads. We are contributing to a feeling of being trapped in our heads and our emotions and a feeling of disconnection from a more political, physical world.’

This, the journalism of attachment, the journalism in which subjective feeling becomes objective fact, reaches its apogee in the actions of BBC war reporter Jon Donnison. Seeing that someone called Hazem Balousha had posted a picture of an injured child with the words ‘Pain in #Gaza’ on Twitter, Donnison could not resist and retweeted it, with the words ‘Heartbreaking’. Which it was. But what it was not was a picture of an injured girl from Gaza. The picture was actually of an injured girl from the conflict in Syria.

The lesson is clear. When emoting and feeling become the substance of journalism, then facts, and the truth, suffer.

Tim Black, “Roll up, roll up, behold dead Palestinians”, sp!ked, 2012-11-27

Coyne: Carney’s departure is probably for the best

Filed under: Britain, Cancon, Economics — Tags: , , — Nicholas @ 10:27

Aside from the ousting of Toronto Mayor Rob Ford, the other big story in Canadian media yesterday was the announcement that Bank of Canada governor Mark Carney will be leaving to take over the Bank of England next year:

Inevitably, there are mixed feelings: satisfaction that a Canadian civil servant should be held in such regard abroad; annoyance that a foreign power should feel entitled to raid our highest offices, as if we were their farm team; gratitude for his service; disappointment that he did not finish his term.

On balance, however, the departure of Mark Carney as governor of the Bank of Canada, to take on the same position at the Bank of England, is probably for the best. It will of course be a great loss: he is largely deserving of his exalted reputation. That’s the point: he was becoming too big for the Bank. His ambitions were known to stretch beyond it; his persona was starting to overshadow it. Rock stars and central banks make an uncomfortable fit.

[. . .]

But ultimately, it’s the institution that counts, not the man. The Bank is steeped in talent, and any successor will be able to draw on the same organizational strengths as Carney. And Carney’s own outsized talents, it must be said, were beginning to present a problem, or at least might have. Politically savvy, a natural communicator, possessed of a certain glamour (at least by central banker standards), and young enough to harbour ambitions beyond his current office, it was perhaps inevitable that he should excite speculation about his future plans, without ever intending to.

All the same, it was unhealthy that talk began to turn to the possibility of him running for Liberal leader, and unhealthier still that this was not more firmly squelched, sooner. I’ve no reason to believe he ever seriously considered doing so, but it would have been a terrible business if he had. It is unusual enough for a governor to leave one country’s central bank for another. But for a governor to resign to lead the party seeking to replace the government he had lately served? I do not think the people who were urging this course upon Carney thought this through.

Update: At the Telegraph, Iain Martin reminds Carney’s sudden horde of fans that he’s merely mortal.

Is there any stopping Carney-mania? Those of us who 24 hours ago couldn’t have identified Mark Carney, even if he was wearing a T-shirt emblazoned with “I’m the Governor of the Canadian Central Bank” in 110pt type, now stroke our chins and swap our best Carney insights. He was voted the most trustworthy Canadian in a poll conducted by Readers Digest (Canada). He has four children. He paid $800,000 for his house in Ottawa, apparently, although he undertook $95,000 of improvements. Did they extend out the back or convert the attic? I don’t know, yet. And Canada didn’t have a banking crisis, you know. Only it did, in the 1990s, and the recovery and reorganisation put it in place afterwards left it in good shape ahead of the much bigger financial crisis which hit the US and the UK particularly hard. And Canada knows how to regulate its banks, only that wasn’t actually Carney’s job. This is most of what we know so far.

[. . .]

Now Carney is hailed as “the world’s greatest central banker”. None of this is to knock the Canadian for a second. He seems like a sensible, pragmatic fellow with a good record. It is also pleasing to see a fresh face, someone not from the revolving door cast-list of the British establishment. Although it is worth remembering that he is from the new global establishment, via 13 years at Goldman Sachs and subsequent sessions on panels at Davos.

The UK certainly needs this appointment to work out, but the new arrival deserves continuous scrutiny from sceptical parliamentarians and, yes, from a (hopefully) free press. After all, Mark Carney is a banker, not a magician.

Comparing Walmart to Costco

Filed under: Business, USA — Tags: , , — Nicholas @ 10:16

Megan McArdle explains why the facile comparison of the two big US retail firms does not make as much sense as people think:

One simply cannot have a discussion about Walmart’s wages without someone bringing up Costco. It seems to be de rigeur, like tipping your waiter, calling your mother on her birthday, and never starting your thank you notes with the words “Thank you”. So lets get it out of the way before the supper gong goes.

[. . .]

Costco has a more highly paid labor force — but that labor force also brings in a lot more money. Costco’s labor force, paid $19 an hour, brings in three times as much revenue as a Walmart workforce paid somewhere between 50-60% of that. (There’s a bit of messiness to all these calculations, because of course both firms have employees who don’t work in stores — but that’s the majority of their workforce, so I’m going to assume that the differences come out in the wash.)

This is not because Costco treats its workers better, and therefore gets fantastic productivity out of them, though this is what you would think if you listened to very sincere union activists on NPR. Rather, it’s because their business model is inherently higher-productivity. A typical Costco store has around 4,000 SKUs, most of which are stacked on pallets so that you can be your own stockboy. A Walmart has 140,000 SKUs, which have to be tediously sorted, replaced on shelves, reordered, delivered, and so forth. People tend to radically underestimate the costs imposed by complexity, because the management problems do not simply add up; they multiply.

One way to think about this is Thanksgiving dinner: how come you, who are capable of getting a meal on the table 364 nights of the year, suddenly find yourself burning things, forgetting the creamed onions in the microwave, and bringing the mashed potatoes to the table a half an hour late? Because when you’re cooking sixteen things instead of four, it is not the same as cooking four four-item meals. There are all sorts of complex interactions involving things like heating times and oven space, and adding more people to the problem, while probably necessary, itself multiplies the complexities.

Toronto’s once (and future?) mayor

Filed under: Cancon, Law, Politics — Tags: , , , , , — Nicholas @ 10:01

In Maclean’s, Ivor Tossell recounts the story of Rob Ford’s brief tenure as mayor of Toronto:

At Toronto’s City Hall, surely the most ambiently lunatic building in Canada, a stage was set up to launch the Mayor’s Christmas Toy Drive. Eight small children had been procured to act as “honourary elves,” sitting cross-legged on a carpet at the foot of a Christmas tree, flanked by boxes of mini-trikes and construction cranes. A boxed CFL football sat ominously to one side. The mayor was scheduled to launch the drive at 1 p.m. An enormous crowd of reporters buzzed about. Interest in the mayor’s event had amplified to unusual levels by news that the mayor had just gotten himself fired.

For everyone who’s ever bemoaned the fact that our democracy doesn’t offer a way to recall politicians, witness Rob Ford: the man who couldn’t stay mayor. In a ruling released this morning, a Superior Court justice declared Ford’s seat vacant — a weirdly existential way of putting it — after finding the mayor violated the municipal conflict-of-interest act in a small-stakes, but entirely willful, transgression.

Ford has been in office for two tumultuous years, in which his cost-cutting mandate quickly gave way to a scorched-earth war on the media, a succession of botched policies and a never-ending series of altercations, each more bizarre than the last. Giving the finger to a six-year old; chasing a reporter around a park near his home; helping eject a bus of TTC riders into the rain to get his football team a ride home. Finally, today, the mayor of Toronto was sent back to the voters to ask for his job back. In the end, Rob Ford recalled himself.

Update: Speaking for the defence, here’s Ezra Levant in his trademarked over-the-top style, comparing the Ford case to some other recent political scandals in Canada.

The missing generation

Filed under: Business, Media — Tags: , , , — Nicholas @ 09:42

Chris Myrick posted a link to a Wall Street Journal article on differences among the age cohorts regarding shopping habits, pointing out that his (and my) generation didn’t even show up in the graphic:

Hmmm. We can tell the shopping habits of folks from age 18 up to 34, then from 55 upwards. I wonder why the invisible folks aged 35-54 didn’t qualify? Perhaps because their behaviour would ruin the message the article is trying to push?

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