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	<title>Quotulatiousness &#187; Economics</title>
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	<link>http://quotulatiousness.ca/blog</link>
	<description>Quotations, comments, and whatever else I&#039;m interested in at the moment.</description>
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		<title>Gary Johnson in the Washington Times</title>
		<link>http://quotulatiousness.ca/blog/2012/02/12/gary-johnson-in-the-washington-times/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/12/gary-johnson-in-the-washington-times/#comments</comments>
		<pubDate>Sun, 12 Feb 2012 15:30:48 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[ElectionWatch]]></category>
		<category><![CDATA[GaryJohnson]]></category>
		<category><![CDATA[Libertarianism]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13520</guid>
		<description><![CDATA[Libertarian presidential hopeful Gary Johnson is interviewed by Brett M. Decker: Decker: America would be a lot better off if Washington adopted more libertarian positions, especially those that advocate cutting red tape, slashing taxes and getting Big Brother off our backs. In a very tangible way, however, many Americans have gotten hooked on federal largesse [...]]]></description>
			<content:encoded><![CDATA[<p>Libertarian presidential hopeful <a href="http://www.washingtontimes.com/news/2012/feb/9/gary-johnson-five-questions-with-decker/" target="_blank">Gary Johnson</a> is interviewed by Brett M. Decker:</p>
<blockquote>
<p><strong>Decker</strong>: America would be a lot better off if Washington adopted more libertarian positions, especially those that advocate cutting red tape, slashing taxes and getting Big Brother off our backs. In a very tangible way, however, many Americans have gotten hooked on federal largesse and aren’t willing to give up their government goodies. How can you make the message of smaller government resonate in this growing climate of dependency, and who is your main audience?</p>
<p><strong>Johnson</strong>: I believe most observers would agree that, of all governors in modern history, I governed from a more libertarian foundation than any other. When I ran for governor and when I took office, many claimed the sky would fall. It didn’t, and I was re-elected and even today enjoy the highest approval ratings in my home state of all the governors in the presidential race. And New Mexico is a Democratic state. That tells me that people actually get it. They understand that government “largesse” is not largesse at all; rather, big government and the “benefits” it provides come at a price that is simply too great. They also understand that by limiting the federal government to that which it really needs to do, we will free the states to deliver essential services in innovative and efficient ways. And we will free the private economy to create real jobs and restore opportunity as an American trademark. Government would not disappear in a Johnson administration. It would live within its means and do what the Constitution says it should do. No more, and no less.</p>
<p>As I convey this message, I find that Americans of all ages, incomes and demographics respond. Young people, in particular, are embracing a libertarian approach to government. They want to be left alone to live their lives, chase their dreams and do so without government imposing values and burdens that limit their freedoms. I am convinced that there is a majority of voters in America today who are classical liberals &mdash; committed to the ideal of limited government, constitutionalism, rule of law,due process and individual liberty.</p>
<p>Never before has that majority been more poised to organize and exert itself in a political environment that has for too long been controlled by the two “major” parties.</p>
<p><strong>Decker</strong>: Conventional wisdom is that a third-party challenger cannot be elected president of the United States. Certainly, a Libertarian candidacy siphons votes away from the GOP. Is that the point &mdash; to send a message of protest that Republicans need to be more principled, especially on fiscal issues?</p>
<p><strong>Johnson</strong>: Conventional wisdom has never been a guiding principle in my life or career. Conventional wisdom held that a businessman who had never been in elected office could not run and win as a Libertarian-Republican in New Mexico. And conventional wisdom would argue against a former governor with a not-yet-healed broken leg making it to the summit of Mt. Everest. My candidacy is not about a message of protest. It is about defying conventional wisdom and giving voice to what I believe is a majority of Americans who today do not feel comfortable in either the Democratic or Republican Party.</p>
<p>Likewise, I do not accept the premise that my candidacy siphons more votes from Republicans than from Democrats.As I hold online town halls, travel the country and read the emails and messages coming into our campaign every day, it is obvious that we are connecting with at least as many Obama voters as McCain voters from 2008. A lot of people who thought they were voting for change in 2008 are today very disappointed that what they achieved was only a slightly different version of the same business-as-usual they wanted to reject. The desire for a truly new approach cuts across all parties and independents alike.</p>
</blockquote>
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		<title>This is why the &#8220;patriarchy&#8221; is an unlikely culprit</title>
		<link>http://quotulatiousness.ca/blog/2012/02/10/this-is-why-the-patriarchy-is-an-unlikely-culprit/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/10/this-is-why-the-patriarchy-is-an-unlikely-culprit/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 16:27:02 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Britain]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[DavidCameron]]></category>
		<category><![CDATA[EqualRights]]></category>
		<category><![CDATA[FreeTrade]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Prejudice]]></category>
		<category><![CDATA[Women]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13495</guid>
		<description><![CDATA[Henry Hill explains the key market mechanism that would undermine &#8220;the patriarchy&#8221;: Let’s imagine we have ten businesses competing for the same market. If we are spectacularly ungenerous to the male sex (as to get into Harriet Harman’s brain we must surely be) let’s assume that nine of those businesses are run by real, conviction [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.adamsmith.org/blog/regulation-industry/could-industrial-%E2%80%98patriarchy%E2%80%99-survive-the-market" target="_blank">Henry Hill</a> explains the key market mechanism that would undermine &#8220;the patriarchy&#8221;:</p>
<blockquote>
<p>Let’s imagine we have ten businesses competing for the same market. If we are spectacularly ungenerous to the male sex (as to get into Harriet Harman’s brain we must surely be) let’s assume that nine of those businesses are run by real, conviction sexists who consciously exclude capable women on the grounds that they’re women. This leaves a vast talent pool available to the tenth business, which presumably can lap up these highly capable workers. If sexism was depressing their wages as well, then this business would have a significant competitive advantage over the competition.</p>
<p>How long would rival businesses really keep deliberately hiring inferior labour at inflated prices out of allegiance to the principle of sexism? It would only take one company in a competitive market to break the ranks of chauvinist solidarity for such arbitrary and costly employment practises to be rendered totally unaffordable.</p>
<p>There are all kinds of reasons for differing employment patterns between men and women, including different priorities, working hours, child-rearing and so forth that have firm bases in business sense. To ascribe these differences to an omnipresent, more-important-that-profit sexist conspiracy, one must believe the entire spectrum of business subscribes to the exclusion of women at the expense of their own industrial and economic interests. That they literally looked at the ‘profits’ David Cameron is waving in front of them and decided that, if the cost was employing women, £40bn wasn’t for them. </p>
</blockquote>
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		<title>Lorne Gunter: Toronto Star imagines oil just &#8220;bubbles up out of the ground and we Westerners just run out with buckets to collect it?&#8221;</title>
		<link>http://quotulatiousness.ca/blog/2012/02/10/lorne-gunter-toronto-star-imagines-oil-just-bubbles-up-out-of-the-ground-and-we-westerners-just-run-out-with-buckets-to-collect-it/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/10/lorne-gunter-toronto-star-imagines-oil-just-bubbles-up-out-of-the-ground-and-we-westerners-just-run-out-with-buckets-to-collect-it/#comments</comments>
		<pubDate>Fri, 10 Feb 2012 15:30:32 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Cancon]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Alberta]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Newspapers]]></category>
		<category><![CDATA[Oilsands]]></category>
		<category><![CDATA[Ontario]]></category>
		<category><![CDATA[Statistics]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13488</guid>
		<description><![CDATA[Lorne Gunter in the National Post: As I read the Toronto Star’s editorial about Statistics Canada’s recently released 2011 census population data, it was hard for me not to imagine a plump, aging diva reclining on a brocade-covered chaise wailing, “I’m still beautiful! Really, I am.” Entitled, “Census shows a fading Ontario? Don’t count on [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://fullcomment.nationalpost.com/2012/02/10/lorne-gunter-ontario-is-a-province-stuck-in-neutral/" target="_blank">Lorne Gunter</a> in the <em>National Post</em>:</p>
<blockquote>
<p>As I read the <em>Toronto Star</em>’s editorial about Statistics Canada’s recently released 2011 census population data, it was hard for me not to imagine a plump, aging diva reclining on a brocade-covered chaise wailing, “I’m still beautiful! Really, I am.”</p>
<p>Entitled, “Census shows a fading Ontario? Don’t count on it,” the editorial makes the argument that it is “too simplistic” to claim “Ontario’s day is over.”</p>
<p>No one is making the case that Ontario can be dismissed as an afterthought. That is a concern without a cause.</p>
<p>[. . .]</p>
<p>But before anyone jumps to the conclusion that I, an Albertan, am pleased by Ontario’s decline, I’ll add that any trend that bodes ill for Ontario, eventually bodes ill for the country as a whole.</p>
<p>Canada needs a strong, prosperous, confident heartland. The West may be the new engine of the national economy, but that doesn’t mean the country can afford to have the old engine &mdash; Ontario &mdash; be idle.</p>
<p>The <em>Star</em> insults the West’s ingenuity and determination when it scoffs that “it’s relatively easy to grow based on resource extraction. Ontario does not have the luxury of sitting on gas and oil fields, so the task here is much harder.” Really? Have the paper’s editorial writers ever tried to find, extract, transport and refine oil and natural gas? Do they imagine the stuff bubbles up out of the ground and we Westerners just run out with buckets to collect it?</p>
</blockquote>
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		<title>Paul Wells: Harper&#8217;s trip to China is going well</title>
		<link>http://quotulatiousness.ca/blog/2012/02/09/paul-wells-harpers-trip-to-china-is-going-well/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/09/paul-wells-harpers-trip-to-china-is-going-well/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 16:22:30 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Cancon]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Diplomacy]]></category>
		<category><![CDATA[FreeTrade]]></category>
		<category><![CDATA[Newspapers]]></category>
		<category><![CDATA[StephenHarper]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13481</guid>
		<description><![CDATA[In his Maclean&#8217;s column, Paul &#8220;Inkless&#8221; Wells talks about the state of play in prime minister Stephen Harper&#8217;s visit to China: The old-timers in the press gallery know how to defuse an announcement like this. We dust a toolkit from the early Chrétien days off. A Canadian prime minister shows up in a fancy Beijing [...]]]></description>
			<content:encoded><![CDATA[<p>In his <em>Maclean&#8217;s</em> column, <a href="http://www2.macleans.ca/2012/02/09/harper-in-china-beyond-the-sea-of-troubles/" target="_blank">Paul &#8220;Inkless&#8221; Wells</a> talks about the state of play in prime minister Stephen Harper&#8217;s visit to China:</p>
<blockquote>
<p>The old-timers in the press gallery know how to defuse an announcement like this. We dust a toolkit from the early Chrétien days off. A Canadian prime minister shows up in a fancy Beijing ballroom with a bunch of business executives wielding Montblanc pens. A big number is being tossed around &mdash; say, “$3 billion.” But if we subtract the deals that would have happened <em>anyway</em>, and then subtract the deals that <em>aren’t really deals</em> &mdash; then we can wear that number down to some innocuous nub.</p>
<p>But while individual elements of Stephen Harper’s signing ceremony Thursday night in a fancy Beijing ballroom may not pan out, at some point the weight of evidence starts to suggest something real is going on. The evidence at hand comes, not just from Canadian sources, but from Chinese.</p>
<p>The first source of the morning was the semi-official English-language <em>China Daily</em>, which reserves real excitement for vice-premier Xi Jingping’s upcoming trip to the United States but which has been respectful, and a little more than that, toward Stephen Harper all week.</p>
<p>Later in the day came Harper’s bilateral meeting with Hu Jintao. Here, no trace of scolding for time spent posturing in the early years of Harper’s term as prime minister. Now, Hu said, “Mr. Prime Minister, you put a lot of value on Canada’s relationship with China and are strongly committed to promoting the practical cooperation between our two countries. I appreciate your efforts.” Translation: You’re out of the doghouse. Come here, ya big lug.</p>
</blockquote>
<p><b>Update</b>: <a href="http://blogs.canoe.ca/davidakin/politics/free-trade-and-a-praying-pm-canada-is-front-page-news-in-china/" target="_blank">David Akin</a> contrasts the glowing reviews Harper is getting in the Chinese press this time with his 2009 visit:</p>
<blockquote>
<p>I’ve travelled to a lot of spots around the world covering Prime Minister Stephen Harper’s international travels and I cannot recall him ever generating the kind of positive press he’s getting in this morning’s China Daily, the English-language state-run daily newspaper here.</p>
<p align="center"><img src="http://quotulatiousness.ca/blog/wp-content/uploads/2012/02/Harper-on-China-Daily-cover.jpg" alt="" title="Harper on China Daily cover" width="753" height="565" class="aligncenter size-full wp-image-13486" /></p>
<p>A picture of Harper chatting with Chinese chess players during a visit Wednesday to the Temple of Heaven is the front-page top-of-the-fold main art here with a generally positive article about the two countries improving trade relationship. Inside, there’s two other pieces involving Canada and Harper.</p>
<p>[. . .]</p>
<p>Read between the lines here and China’s government is approvingly showing Canada’s prime minister to be a decent, pious individual deserving of China’s friendship and support.</p>
<p>That’s a sharp contrast to the <em>China Daily</em>‘s coverage of Harper’s 2009 visit. There was front-page coverage then too &mdash; of how Premier Wen dressed down Harper for letting the China-Canada relationship languish. The narrative in 2009 was that the Canadian prime minister was a wayward supplicant coming to China to seek forgiveness for his sins. Not this time: He is being profiled in the press as the leader “of a strong delegation of five ministers and 40 business leaders” who, along with Wen, witnessd “the signing of nine deals.”  The reader of the <em>China Daily</em> on this Harper visit is meant to be impressed.</p>
</blockquote>
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		<title>Michael Pinkus: Apathetic Ontario and the LCBO monopoly</title>
		<link>http://quotulatiousness.ca/blog/2012/02/09/michael-pinkus-apathetic-ontario-and-the-lcbo-monopoly/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/09/michael-pinkus-apathetic-ontario-and-the-lcbo-monopoly/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 14:12:36 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Bureaucracy]]></category>
		<category><![CDATA[Cancon]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Liberty]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Booze]]></category>
		<category><![CDATA[Competition]]></category>
		<category><![CDATA[LCBO]]></category>
		<category><![CDATA[Monopolies]]></category>
		<category><![CDATA[Ontario]]></category>
		<category><![CDATA[Privatization]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13472</guid>
		<description><![CDATA[In the latest issue of his OntarioWineReview.com newsletter, Michael Pinkus again expresses frustration with the government-run monopoly on retail sales of wine and spirits in Ontario: I have made this point before when talking about the LCBO Food &#038; Drink magazine, which competes directly with other publications in the province for advertising dollars; a magazine [...]]]></description>
			<content:encoded><![CDATA[<p>In the latest issue of his <em>OntarioWineReview.com</em> newsletter, <a href="http://ontariowinereview.com/newsletter-archives/881-newsletter-175-apathetic-ontario" target="_blank">Michael Pinkus</a> again expresses frustration with the government-run monopoly on retail sales of wine and spirits in Ontario:</p>
<blockquote>
<p>I have made this point before when talking about the LCBO <em>Food &#038; Drink</em> magazine, which competes directly with other publications in the province for advertising dollars; a magazine that is paid for by the people for the people, which sounds great and a pillar to build a country on, but not when you are competing against the very people who paid the money in the first place (magazine editors, publishers, writers, etc. are taxpayers too). One of the sad realities is that with each bottle a publisher buys they are paying to put themselves out of business.</p>
<p>It&#8217;s bad enough that the LCBO are the only game in town to buy booze &#8230; it&#8217;s bad enough that they waste millions of dollars a year on fancy stores (when they don&#8217;t have to) &#8230; it&#8217;s bad enough that a government run monopoly competes against their own populace and private enterprises for advertising revenue &#8230; but now they have to blow dollars on advertising themselves, buying expensive jingles and song rights &#8230; is that where you want your tax dollars to go? Could we not find better uses for this money, seriously? And what happened to social responsibility? They are advertising so we&#8217;ll buy more &mdash; does that seem counter-productive to the social responsibility pact. Heck, I don&#8217;t see this many ads for Premier Liquors out of Buffalo, and they have competition.</p>
<p>In the coming weeks we&#8217;ll look a little deeper into the LCBO, see what the Auditor General had to say, and read what the pundits are talking about. Find out why our booze prices are being raised mainly because we can&#8217;t be trusted as a society to police ourselves when it comes to drinking the devil&#8217;s liquid. I just can&#8217;t believe that all this is going down and nobody seems to be saying anything on the subject. Over the past few weeks I have been listening to CFRB: John Tory and Jim Richards both made mention, Richards went as far as to speak with Chris Layton (media relations mouthpiece for LCBO) &mdash; while both announcers shared their outrage with listeners over various aspects of the LCBO&#8217;s conduct (John: advertising; Jim: price raising), the apathetic Ontarians who bothered to call in had very little to say on the matter, many believing the LCBO is doing a bang up job.</p>
</blockquote>
<p>A quick search of the blog shows that just about every mention of the LCBO is a <a href="http://quotulatiousness.ca/blog/?s=lcbo" target="_blank">negative one</a>. No surprise there: the LCBO is a relic of the post-Prohibition era and is still run in a way that would be familiar to the state-owned &#8220;stores&#8221; of the old Soviet Union. They are undeniably better both in selection and in service than they used to be, but just about every positive change was wrought by the mere <em>threat</em> that the government of the day was looking at privatization as an option. As soon as the threat went away, the positive changes could be slowed or even stopped: after all, where else are you going to go to buy your wines and spirits?</p>
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		<title>Boardroom quotas are a bad idea</title>
		<link>http://quotulatiousness.ca/blog/2012/02/09/boardroom-quotas-are-a-bad-idea/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/09/boardroom-quotas-are-a-bad-idea/#comments</comments>
		<pubDate>Thu, 09 Feb 2012 14:05:54 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Britain]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[DavidCameron]]></category>
		<category><![CDATA[EqualRights]]></category>
		<category><![CDATA[NannyState]]></category>
		<category><![CDATA[Women]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13470</guid>
		<description><![CDATA[James Delingpole on the British government&#8217;s half-baked notion to introduce quotas for female board members in business: I love women. Women are great. I&#8217;ve married one, I&#8217;ve personally bred one and I&#8217;ve got lots who are my friends. And after years of close observation, here&#8217;s what I&#8217;ve concluded: chicks are definitely the superior species. They&#8217;re [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://blogs.telegraph.co.uk/news/jamesdelingpole/100136253/women-are-great-they-dont-need-quotas/#disqus_thread" target="_blank">James Delingpole</a> on the British government&#8217;s half-baked notion to introduce quotas for female board members in business:</p>
<blockquote>
<p>I love women. Women are great. I&#8217;ve married one, I&#8217;ve personally bred one and I&#8217;ve got lots who are my friends. And after years of close observation, here&#8217;s what I&#8217;ve concluded: chicks are definitely the superior species. They&#8217;re more intuitive, more versatile, more articulate, more competent. Plus, of course, they have breasts.</p>
<p>Given that all this is so, I really don&#8217;t understand why David Cameron feels he needs to impose quota systems on boardrooms. Not for the reasons he gives anyway. I could understand it if he said: &#8220;Look, I have no shame, no principles, no moral or ideological core in my blubbery, spineless, Heathite body. My Coalition government is run by Lib Dems, a marketing man and focus groups. And what they all tell me is: &#8220;Suck up to the female demographic.&#8221; So that&#8217;s why I&#8217;m saying this crap.&#8221;</p>
<p>But that&#8217;s not what Cameron has said in Stockholm. He&#8217;s actually trying to claim that he&#8217;s doing it for the good of British business.</p>
<ul>
<p>Government figures suggested that Britain’s slow progress was costing the economy more than £40 billion in lost potential each year, roughly equal to the defence budget.</p>
</ul>
<p>Yeah right. I&#8217;m sure there are also &#8220;government figures&#8221; which suggest that green technologies will create millions of new jobs; &#8220;government figures&#8221; which suggest wind farms are a vital part of Britain&#8217;s energy package; &#8220;government figures&#8221; which suggest that a 50 per cent upper band tax rate is really healthy business.</p>
<p>Doesn&#8217;t make it so, though does it?</p>
</blockquote>
<p><b>Update</b>: <a href="http://www.thecommentator.com/article/883/boardroom_quotas_an_incredibly_bad_idea" target="_blank">Megan Moore</a> says that the tokenism on display in Cameron&#8217;s comments &#8220;represents the ultimate triumph of style over substance&#8221;:</p>
<blockquote>
<p>The first and most obvious objection to boardroom quotas is that they don’t actually work. A 2010 study by Amy Dittmar and Kenneth Ahern of the Ross Business School, University of Michigan, found that in Norway, a 10 percent increase in female board members in a company &mdash; enforced through a quota introduced in 2003 &mdash; caused the value of the company to drop. After all, if quality is no longer the sole criterion for choosing board members, it is highly likely the quality of the board will suffer.</p>
</blockquote>
<p>You&#8217;d just as easily make a case for boards being required to match the ethnic, racial, religious, and sexual profile of the country: &#8220;Oh, sorry, due to the quotas we can&#8217;t invite you to join the board unless you&#8217;re Irish or Sikh <em>and</em> are either handicapped or left-handed. Bonus points if you&#8217;re transgendered.&#8221; Rather than emphasizing the needs of the organization &mdash; hiring someone who brings skills, talents, or connections that the organization can benefit from &mdash; this kind of social engineering only values people for their plumbing or their skin colour, or their sexual lifestyle.</p>
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		<title>You can&#8217;t blame declining rates of marriage on poverty</title>
		<link>http://quotulatiousness.ca/blog/2012/02/08/you-cant-blame-declining-rates-of-marriage-on-poverty/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/08/you-cant-blame-declining-rates-of-marriage-on-poverty/#comments</comments>
		<pubDate>Wed, 08 Feb 2012 16:33:54 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Poverty]]></category>
		<category><![CDATA[Women]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13463</guid>
		<description><![CDATA[Bryan Caplan explains: I&#8217;m baffled by people who blame declining marriage rates on poverty. Why? Because being single is more expensive than being married. Picture two singles living separately. If they marry, they sharply cut their total housing costs. They cut the total cost of furniture, appliances, fuel, and health insurance. Even groceries get cheaper: [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://econlog.econlib.org/archives/2012/02/being_single_is.html" target="_blank">Bryan Caplan</a> explains:</p>
<blockquote>
<p>I&#8217;m baffled by people who blame declining marriage rates on poverty. Why? Because <em>being single is more expensive than being married</em>. Picture two singles living separately. If they marry, they sharply cut their total housing costs. They cut the total cost of furniture, appliances, fuel, and health insurance. Even groceries get cheaper: think CostCo.</p>
<p>These savings are especially blatant when your income is low. Even the official poverty line acknowledges them. The Poverty Threshold for a household with one adult is $11,139; the Poverty Threshold for a household with two adults is $14,218. When two individuals at the poverty line maintain separate households, they&#8217;re effectively spending 2*$11,139-$14,218=$8,060 a year to stay single.</p>
<p>But wait, there&#8217;s more. Marriage doesn&#8217;t just cut expenses. It raises couples&#8217; income. In the NLSY, married men earn about 40% more than comparable single men; married women earn about 10% less than comparable single women. From a couples&#8217; point of view, that&#8217;s a big net bonus. And much of this bonus seems to be causal.</p>
<p>[. . .]</p>
<p>If being single is so expensive, why are the poor far less likely to get married and stay married? I&#8217;m sure you could come up with a stilted neoclassical explanation. But this is yet another case where behavioral economics and personality psychology have a better story. Namely: Some people are extremely impulsive and short-sighted. If you&#8217;re one of them, you tend to mess up your life in every way. You don&#8217;t invest in your career, and you don&#8217;t invest in your relationships. You take advantage of your boss and co-workers, and you take advantage of your romantic partners. You refuse to swallow your pride &mdash; to admit that the best job and the best spouse you can get, though far from ideal, are much better than nothing. Your behavior feels good at the time. But in the long-run people see you for what you are, and you end up poor and alone.</p>
</blockquote>
<p><a href="http://marginalrevolution.com/marginalrevolution/2012/02/from-whence-comes-this-sudden-wave-of-economic-determinism.html" target="_blank">Tyler Cowen</a> comments on the first part of Caplan&#8217;s post:</p>
<blockquote>
<p>More plausibly it is <em>the rise in female income</em> (among other factors, including the rise of birth control, [...]) which is behind the decline in marriage, but that doesn’t fit with traditional mood affiliation, which finds the rise in female income to be good (which it is), and the decline in marriage to be &mdash; neither good nor bad per se but not exactly worth celebrating. If you can blame capitalism and wage stagnation for the decline of the family among lower earners, so much the better for ideology but as a sociological proposition that is a very weak hypothesis (do you see convincing links to real sociological evidence, showing this to be the dominant factor? No) and as Caplan shows it doesn’t fit with the economics either.</p>
</blockquote>
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		<title>Brazil fights back against celebrity oppression</title>
		<link>http://quotulatiousness.ca/blog/2012/02/06/brazil-fights-back-against-celebrity-oppression/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/06/brazil-fights-back-against-celebrity-oppression/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 16:25:40 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Americas]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Media]]></category>
		<category><![CDATA[Brazil]]></category>
		<category><![CDATA[Electricity]]></category>
		<category><![CDATA[Movies]]></category>
		<category><![CDATA[TV]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13429</guid>
		<description><![CDATA[John Conroy on the recent backlash in Brazil against foreign celebrities using domestic issues as platforms for moralizing: Film director James Cameron, responsible for Terminator, Titanic and, more recently, Avatar, has been working on a considerable side-project for a few years now. Cameron film fans shouldn’t get their hopes up, however. This side-project is more [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.spiked-online.com/index.php/site/article/12048" target="_blank">John Conroy</a> on the recent backlash in Brazil against foreign celebrities using domestic issues as platforms for moralizing:</p>
<blockquote>
<p>Film director James Cameron, responsible for <em>Terminator</em>, <em>Titanic</em> and, more recently, <em>Avatar</em>, has been working on a considerable side-project for a few years now. Cameron film fans shouldn’t get their hopes up, however. This side-project is more political than filmic. He has been trying to prevent the Brazilian government from constructing Belo Monte, the world’s third-largest hydroelectric dam, on the Xingu river which runs through the Amazonian rainforest.</p>
<p>[. . .]</p>
<p>But then something very curious happened. Another tribe of Brazilians, normally so fearful of being seen outside of their natural habitat, fought back. Geeky university students and their professors made a film with zero production values undermining every argument used by Cameron, the NGOs, the Kayapo and TV Globo. These are the myths they challenged:</p>
<ul>
<li><b>The Indians will have nowhere to live</b>. Actually, a student from Brasilia University who has done little else but study the impact of the project on indigenous lands responded that not one of the indigenous lands in the region will be flooded. There are 12 indigenous territories near the project in an area of 56,000 square kilometres with 2,200 indigenous people living on them. That’s two-and-a-half times the size of Wales. Thirty consultative meetings were held in tribal villages and recorded on video.</li>
<li><b>The dam and its reservoirs will flood and destroy 640 square kilometres of rainforest</b>. Not exactly. The reservoirs will cover an area of 502.8 square kilometres of which 228 square kilometres are already within the body of the river itself.</li>
<li><b>The dam will starve the Xingu National Park of water</b>. This is not true. The students displayed a map revealing that the park is in fact 1,300 kilometres <em>up</em> river of the dam.</li>
<li><b>For eight months of the year the region above the dam is nearly a desert making the dam inefficient and only capable of generating a third of its installed capacity</b>. The implication here is that there is insufficient water to drive the turbines at full power. However, during the high-water period of the year, the river empties 28 million litres of water <em>per second</em> at the point of the turbines, creating an extraordinary potential energy generation of 11,233 megawatts (MW). Even at the river’s lowest levels in the month of October, it delivers 800,000 litres per second. The annual average energy production of Belo Monte will be 4,571MW, or 41 per cent of the potential generating capacity, not one third. This will power 40 per cent of Brazil’s entire residential energy consumption.</li>
</ul>
</blockquote>
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		<title>What would follow a European Union crack-up?</title>
		<link>http://quotulatiousness.ca/blog/2012/02/06/what-would-follow-a-european-union-crack-up/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/06/what-would-follow-a-european-union-crack-up/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 15:13:46 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Bureaucracy]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Europe]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[Borders]]></category>
		<category><![CDATA[Diplomacy]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[France]]></category>
		<category><![CDATA[Germany]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13425</guid>
		<description><![CDATA[If you listen to Angela Merkel and other European leaders, what would follow a break-up of the EU would be something out of Mad Max, a post-apocalyptic wasteland where the living would envy the dead. With no Brussels bureaucrats to direct everyone&#8217;s affairs, war, pestilence, starvation, looting, violence and unregulated bananas would proliferate. Bruno Frey [...]]]></description>
			<content:encoded><![CDATA[<p>If you listen to Angela Merkel and other European leaders, what would follow a break-up of the EU would be something out of <em>Mad Max</em>, a post-apocalyptic wasteland where the living would envy the dead. With no Brussels bureaucrats to direct everyone&#8217;s affairs, war, pestilence, starvation, looting, violence and unregulated bananas would proliferate. <a href="http://www.voxeu.org/index.php?q=node/7592" target="_blank">Bruno Frey</a> isn&#8217;t quite as sanguine:</p>
<blockquote>
<p>The major problem is that people do not see any alternative to the presently enacted European unification. The Europe-minded politicians even insist that, if the euro and the EU collapse, complete chaos will break out. The European continent will go back to the situation before World War II. The various nations will isolate themselves economically, and they will even start to fight each other. A war within the core of Europe, in particular between France and Germany, is taken to be a real possibility lurking in the background.</p>
<p>This view disregards the fact that the European unification process was made possible only because Germany and France stopped considering each other as enemies. They then saw themselves as the ‘motor’ of the European integration process, which started with the establishment of an economic union and then expanded to the political sphere. It is certainly wrong to think that the only thing that was needed to bring peace to Europe was a formal international treaty.</p>
<p>The claim that the downfall of the euro and the EU would produce chaos and war may be interpreted to be just a strategy necessary to get support for helping the highly indebted nations such as Greece, Portugal, Spain, or Italy with ever more financial support. However, conversations I have had with persons from various European countries suggest that many people really believe that Europe will disintegrate and that wars are looming if the EU dissolves. I hold this view to be seriously mistaken.</p>
<p>[. . .]</p>
<p>The individual countries in Europe will quickly form new treaties among themselves. Collaboration will be maintained in all those areas where it has worked well. Some countries will remain in a newly formed and smaller Eurozone, for which the appropriate treaties will be designed. A similar reconstitution will take place with respect to Schengen, which will then encompass different members. Only those countries that find it advantageous will join a new convention on the free movement of persons. In contrast, those nations that do not find such new treaties attractive, or that are not admitted to them by the other members, will not join.</p>
<p>The result will be a net of <em>overlapping contracts between countries</em>, which the various nations will join at will. These contracts will not be based on a vague notion of what &#8216;Europe&#8217; may mean, but rather on <em>functional efficiency</em>. Crucially, the individual treaties will be stable because they will be in the interest of each member.</p>
</blockquote>
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		<title>America&#8217;s boom in &#8220;Moocher Culture&#8221;</title>
		<link>http://quotulatiousness.ca/blog/2012/02/06/americas-boom-in-moocher-culture/</link>
		<comments>http://quotulatiousness.ca/blog/2012/02/06/americas-boom-in-moocher-culture/#comments</comments>
		<pubDate>Mon, 06 Feb 2012 05:08:59 +0000</pubDate>
		<dc:creator>Nicholas</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[USA]]></category>
		<category><![CDATA[Books]]></category>
		<category><![CDATA[CorporateWelfare]]></category>
		<category><![CDATA[CronyCapitalism]]></category>
		<category><![CDATA[Culture]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Socialism]]></category>

		<guid isPermaLink="false">http://quotulatiousness.ca/blog/?p=13417</guid>
		<description><![CDATA[Glenn Harlan Reynolds in the Washington Examiner explains why the growth in something-for-nothing attitudes can and will come to grief: “Fifty thousand for what you didn’t plant, for what didn’t grow. That’s modern farming &#8212; reap what you don’t sow.” That’s a line from a song about farm subsidies, “Farming The Government,” by the Nebraska [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://washingtonexaminer.com/opinion/columnists/2012/02/its-takers-versus-makers-and-these-days-takers-are-winning/2170511" target="_blank">Glenn Harlan Reynolds</a> in the <em>Washington Examiner</em> explains why the growth in something-for-nothing attitudes can and will come to grief:</p>
<blockquote>
<p>“Fifty thousand for what you didn’t plant, for what didn’t grow. That’s modern farming &mdash; reap what you don’t sow.”</p>
<p>That’s a line from a song about farm subsidies, “Farming The Government,” by the Nebraska Guitar Militia.</p>
<p>But these days it applies to more and more of the U.S. economy, as Charles Sykes points out in his new book, <em>A Nation Of Moochers: America’s Addiction To Getting Something For Nothing</em>.</p>
<p>The problem, Sykes points out, is that you can’t run an economy like that. If you tried to hold a series of potluck dinners where a majority brought nothing to the table, but felt entitled to eat their fill, it would probably work out badly. Yet that’s essentially what we’re doing.</p>
<p>[. . .]</p>
<p>But the damage goes deeper. Sykes writes, “In contemporary America, we now have two parallel cultures: An anachronistic culture of independence and responsibility, and the emerging moocher culture.</p>
<p>“We continually draw on the reserves of that older culture, with the unspoken assumption that it will always be there to mooch from and that responsibility and hard work are simply givens. But to sustain deadbeats, others have to pay their bills on time.”</p>
<p>And, after a while, people who pay their bills on time start to feel like suckers. I think we’ve reached that point now:</p>
<ul>
<li>People who pay their mortgages &mdash; often at considerable personal sacrifice &mdash; see others who didn’t bother get special assistance.</li>
<li>People who took jobs they didn’t particularly want just to pay the bills see others who didn’t getting extended unemployment benefits.</li>
<li>People who took risks to build their businesses and succeeded see others, who failed, getting bailouts. It rankles at all levels.</li>
</ul>
<p>And an important point of Sykes’ book is that moocher-culture isn’t limited to farmers or welfare queens. The moocher-vs-sucker divide isn’t between the rich and poor, but between those who support themselves and those nursing at the government teat.</p>
</blockquote>
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