Published on 5 Apr 2017
Diplomatic tensions after the return of German unrestricted submarine warfare and the aftermath of the Zimmermann telegram lead to the United States declaration of war on Germany this week 100 years ago. Meanwhile the British and French high command are still debating the upcoming offensive, namely the Battle of Arras which includes taking the contested Vimy Ridge and the Nivelle Offensive at the Chemin Des Dames.
April 6, 2017
… McCain is worried about the direction of world events, with Russian provocations offering but one concern among many. Patterson shares McCain’s apprehensions, compounded by what he sees as a revival of “the isolationism in Europe and America that precipitated World War II.”
Now as an explanation for the origins of the war of 1939-1945, American “isolationism” is as familiar as the sweet-and-sour pork featured at your local Chinese takeout joint. Its authenticity is equally dubious. Yet Patterson’s assertion has this virtue: It captures in less than a sentence a prime obstacle to instituting a realistic, fact-based approach to foreign policy.
In truth, isolationism is to history what fake news is to journalism. The oft-repeated claim that in the 1920s and 1930s the United States raised the drawbridges, stuck its head in the sand, and turned its back on the world is not only misleading, but also unhelpful. Citing a penchant for isolationism as a defect afflicting the American character is like suggesting that members of Congress suffer from a lack of self-esteem. The charge just doesn’t square with the facts, no matter how often repeated.
Here, by way of illustrating some of those relevant facts, is a partial list of places beyond the boundaries of North America, where the United States stationed military forces during the interval between the two world wars: China, the Philippines, Guam, Hawaii, Panama, Cuba, and Puerto Rico. That’s not counting the U.S. Marine occupations of Nicaragua, Haiti, and the Dominican Republic during a portion of this period. Choose whatever term you like to describe the U.S military posture during this era — incoherent comes to mind — but isolationism doesn’t fill the bill.
As for Patterson’s suggestion that the behavior of the United States “precipitated” World War II, the claim is simply laughable. World War I precipitated World War II, or more specifically the European malaise resulting from the bloodletting of 1914-1918, compounded by the Bolshevik Revolution and the spread of fascism, and further exacerbated by profoundly shortsighted policies pursued by Great Britain and France. Throw into the mix the Great Depression, Japanese imperial ambitions, and the diabolical plotting of Adolf Hitler and his henchmen, and you have the makings of a catastrophe. Some few observers foresaw that catastrophe, but preventing it lay well beyond the ability of the United States, even if U.S. leaders had been clairvoyant.
Published on 5 Apr 2017
This week, Antony and James break down Bill Gates’ recent suggestion that companies that use robots instead of human workers should pay employment taxes in order to fund new welfare programs.
Libertarian Party of Canada leader Tim Moen looks at the public safety aspects of Justin Trudeau’s marijuana legalization plans:
If we are concerned about public safety we need to make it more attractive for people to grow, distribute and consume cannabis legally than illegally so that there is engagement with public safety mechanisms. Right now it is far more attractive for people to grow and consume illegally. Cannabis is easy to produce, you just need seeds and dirt, and there is a high demand for it. A regime that restricts legal supply through onerous licensing and prohibitions will drive up illegal supply to meet the demand.
We were seeing a trend towards improved public safety. Storefronts offered customers a safe place to buy cannabis from businesses that had a vested interest in developing a reputation for quality and safety. Small- to medium-sized growers have been operating in the sunlight where public safety officials like me could inspect and educate. Cannabis was emerging from the shadows and the problems associated with illicit activity were fading away.
All the Trudeau government had to do was notice what was going on and end the rules that made it difficult for public safety to emerge. Instead, over the past month we have seen a hard crackdown on storefront cannabis dispensaries. Coordinated raids have occurred across the country and some business owners are facing financial ruination and life in prison at the same time the Trudeau government has announced legalization by the summer of 2018. The message to the cannabis industry is loud and clear, “Fall in line with the regime, or else.”
The federal government is poised to adopt the report of The Task Force on Marijuana Legalization and Regulation as the way forward and this is cause for serious concern from a public safety perspective. The Task Force recommends a requirement for a federal license to grow cannabis commercially. If you’re one of the hundreds of small- to medium-sized dispensaries currently operating in the sunlight your days are numbered. If you are a customer of one of these dispensaries you will be faced with a choice of big government-approved corporation or local black market dealer.
It’s not clear why customers would choose the low quality, limited access, unreliable cannabis that a few big government-approved corporations would provide over locally grown craft cannabis. Imagine if growing tomatoes required a federal license and there was a coordinated effort to raid local growers and sellers who did not have a federal license. Would people stop putting tomato seeds in dirt? Would people drive past an unlicensed farmer selling big, fresh, juicy tomatoes from a roadside stand on their way to a licensed grocery store which may have some small, pale, nearly-spoiled tomatoes in stock? It is naive to imagine people are going to follow stupid rules that they can easily avoid following, yet this naivety has permeated cannabis prohibitionism and continues to permeate the thinking of cannabis legislators.
Published on 11 Jun 2014
Learn how to create custom door and drawer pulls using your drill press.
There can be a few factors behind consolidation. For example, massive economies of scale. Or … well, I’m afraid this is a bit delicate, but I can’t let it go unmentioned: Industries consolidate to reduce the number of players in the market, giving the remaining players more pricing power. Antitrust regulators tend to put on their big frowny face if companies cite the latter reason, so the public statements made by companies in consolidating industries tend to focus on more superficially attractive reasons like cost savings and “broader industry reach,” or more ethereally vague words like “synergies.”
True to form, Anthem is claiming that nearly $2 billion in synergy savings will be realized by the merged entities. This is probably true, to some extent. But you should keep in mind that mergers are themselves extremely costly. And I don’t just mean the fabulous fees that investment bankers and consultants collect to facilitate them. Joining two entities into one is really difficult: Corporate cultures clash, turf wars damage morale and profits, IT systems never do work right together, key employees leave, customers are alienated. So in general, these sorts of statements should be taken, not just with a grain of salt, but while sitting next to a salt lick with a big bag of Mr. Salty Pretzels and some cocktail peanuts to wash the whole thing down.
Megan McArdle, “No Wonder Insurers Want to Merge”, Bloomberg View, 2015-07-24.