One of the most pernicious myths in the economic history of the twentieth century is the belief that the Great Depression was caused, or at least worsened, by Herbert Hoover’s dogmatic commitment to a “do nothing” laissez-faire policy in the aftermath of the stock market crash. This argument is part and parcel of the set of beliefs about the Great Depression that I have dubbed the “high school history” version of that event. (It includes the claims that laissez faire caused it, Hoover’s inaction worsened it, the New Deal did wonders, and World War II got us all the way out.) This claim about Hoover’s dedication to laissez faire is, as I have suggested, utterly false.

In fact Herbert Hoover was long known as a Progressive who favored much more government intervention in the economy. From his days with the U.S. Food Administration in World War I through his time in the 1920s as secretary of commerce, Hoover constantly pushed his beliefs that laissez faire did not work and that government must take a more active role. When the economy went south during his first year as president, it came as no surprise that he put those beliefs into action.

Hoover not only signed the Smoot-Hawley Tariff, as everyone knows, he also encouraged businessmen to keep wages up, expanded the real amount of government spending, reduced immigration to near zero, set up all manner of government lending facilities, and increased the budget deficit. Along with the Federal Reserve System’s failure to do its job, resulting in a 30 percent drop in the money supply, these Hoover interventions were responsible for turning what might have been a severe, but short recession into a Great Depression. So the “high school history” story is right to blame Hoover — but it does so for exactly the wrong reasons.

But it’s been a great way to tarnish free market advocates and effortlessly refute their arguments, because “everybody knows” that laissez faire doesn’t work. Our high school teachers wouldn’t have mislead us all about that, would they?

Elon Musk’s SpaceX has just made history with the first ever commercial cargoship to be captured by the International Space Station’s robotic arm.

Image from NASA TV

Flying above northwestern Australia, flight engineer Don Pettit aboard the ISS reached out with the Canadarm and grabbed the Dragon at 9.56am EDT, 14.56 GMT.

Reg staff are not sure if astronauts are given cheesy lines to say at these big moments, but Pettit had a great one ready.

“Looks like we’ve got a dragon by the tail,” he announced to Mission Control Centre in Houston.

“Looks like this sim went really well, we’re ready to turn it around and do it for real,” he joked.

At 12:35 a.m. on July 1, 2011, sheriff’s deputies pounded on my front door and rang my doorbell. They shouted for me to open the door and come out with my hands up.

When I opened the door, deputies pointed guns at me and ordered me to put my hands in the air. I had a cell phone in my hand. Fortunately, they did not mistake it for a gun.

They ordered me to turn around and put my hands behind my back. They handcuffed me. They shouted questions at me: IS THERE ANYONE ELSE IN THE HOUSE? and WHERE ARE THEY? and ARE THEY ALIVE?

I told them: Yes, my wife and my children are in the house. They’re upstairs in their bedrooms, sleeping. Of course they’re alive.

Deputies led me down the street to a patrol car parked about 2-3 houses away. At least one neighbor was watching out of her window as I was placed, handcuffed, in the back of the patrol car. I saw numerous patrol cars on my quiet street. There was a police helicopter flying overhead, shining a spotlight down on us as I walked towards the patrol car. Several neighbors later told us the helicopter woke them up. I saw a fire engine and an ambulance. A neighbor later told me they had a HazMat vehicle out on the street as well.

Meanwhile, police rushed into my home. They woke up my wife, led her downstairs and to the front porch, frisked her, and asked her where the children were. Then police ordered her to stand on the front porch with her hands against the wall while they entered my children’s bedrooms to make sure they were alive.

The call that sent deputies to my home was a hoax. Someone had pretended to be me. They called the police to say I had shot my wife. The sheriff’s deputies who arrived at my front door believed they were about to confront an armed man who had just shot his wife. I don’t blame the police for any of their actions. But I blame the person who made the call.

Because I could have been killed.

A “prank” phonecall that could easily have gotten the victim killed. Difficult to describe that as a mere “prank”. Bordering on terrorism, if not over the line.

It actually happened. The phenomenon is called “SWATting,” because it can bring a SWAT team to your front door. SWATting is a particularly dangerous hoax in which a caller, generally a computer hacker, calls a police department to report a shooting at the home of his enemy. The caller will place this call to the police department’s business line, using Skype or a similar service, and hiding behind Internet proxies to make the call impossible to trace. Anxious police, believing they are responding to the home of an armed and dangerous man, show up at the front door pointing guns and screaming orders.

That is exactly what happened to me. It is a very dangerous hoax that could get the target killed.

It’s another moment of truth for upstart space startup SpaceX as once again the company attempts to do something that has only ever been accomplished to date by major government space agencies: docking one spacecraft to another in orbit and transferring cargo.

Having launched its new Dragon spacecraft on Tuesday — on only its second flight — SpaceX is now seeking to bring the ship to a docking with the International Space Station on Friday. Many boxes must be ticked before this can happen, however: but today the first was checked off as the Dragon made a close pass within 1.5 miles of the station, and ‘nauts aboard the orbiting outpost confirmed that their remote-control console was able to command the new ship. This was done by ordering the Dragon to illuminate its strobe lights as it flew by the Station.

In fact the station’s crew — the Dragon tests were handled by André Kuipers of the ESA and NASA’s Don Pettit — couldn’t see that the lights were on owing to bright sunlight illuminating the still quite distant Dragon. However telemetry confirmed that the capsule had received the radio command from the ISS and activated its lights, and viewers of NASA TV were treated to video of the Dragon as it gradually overhauled the station from beneath, passing above South Africa and the Indian Ocean as it did so.

According to an article in Embassy Magazine, the Harper government is moving forward on several initiatives that could give U.S. FBI and DEA agents the ability to pursue suspects across the land border and into Canada.

But, according to a RCMP officer, they’re doing it in “baby steps.”

“We recognized early that this approach would raise concerns about sovereignty, of privacy, and civil liberties of Canadians,” RCMP Chief Superintendent Joe Oliver, the Mounties’ director general for border integrity, told the Senate Committee on National Security and Defence on May 14.

“We said ‘Let’s take baby steps, let’s start with two agencies to test the concept, let’s demonstrate to Canadians and Americans that such an approach might work.”

Apparently the problem of suspected criminals fleeing into Canada has become so frequent that Stephen Harper has been persuaded to allow US officials to ignore the international boundary while in pursuit. Or perhaps it’ll only be used in “hot pursuit”. Or — rather more likely — any time a US official decides to exercise the rule. Oh, and the article also mentions that aerial surveillance of Canadian territory is also on the table. One has to assume that drone strikes will soon follow.

Yesterday’s event on the U.S. Navy was a big success and generated a vigorous discussion. Ben Freeman from POGO spelled out his concerns about the littoral combat ship, specifically the Freedom (LCS-1) (documented here and here) and CBO’s Eric Labs raised a few additional ones pertaining to the program as whole. Under Secretary of the Navy Robert Work delivered an impassioned defense of the LCS within the context of the entire fleet design, drawing on examples from history to demonstrate how the Navy learns and adapts. Consistent with past practice, Work is confident that the fleet will put the LCS through the paces—two completely different ships—and figure out how to use them.

It was refreshing to engage in a serious discussion among people who are committed to a Navy that is second-to-none, and who care enough to raise questions designed to make it stronger. I focused my remarks on the LCS’s operating characteristics, but especially on the decision to buy two different LCS types. The original plan was for the Navy to select just one. The advantage of having two ships, Work stressed, was that the Navy would learn about each vessel’s unique capabilities. The disadvantage, as I see it, is the loss of economies of scale, including in parts, logistics and training.

[. . .]

Second, I seriously doubt that the Navy’s shipbuilding budget will grow very much even if Mitt Romney is elected president, and it certainly won’t grow enough to obviate any discussion of trade offs between different ships. Even if the Navy is handed billions or tens of billions of dollars more for shipbuilding, it is still the case that every ship that we build, or every new one proposed, is competing against one another. There are always opportunity costs, even when the topline budget grows. Navy warships compete against aircraft carriers. Navy surface ships compete with submarines. And the Navy competes with the Air Force. And the Air Force and Navy compete with the Army, etc.

For now, the Navy has chosen the LCS over possible alternatives. But there are alternatives. Eric Labs authored a good study a few years ago looking at the Coast Guard’s national security cutters (.pdf), but stated yesterday that the NSCs would be more costly than the LCSs. In the paper, “Budgetary Savings from Military Restraint,” Ben Friedman and I suggested retaining the Perry-class frigates for a few more years while we develop a different ship, perhaps a new class of frigates or corvettes that could do many of the same missions that the LCS is expected to perform, and, we believe, at less cost. At yesterday’s forum, Under Secretary Work stated that we could not purchase a new frigate for less than $750 million. While I respect the Under’s expertise, I plan to spend some time over the coming months scrutinizing that claim.

In 1978, a year after “Star Wars” was released, George Lucas began building his movie production company far from Hollywood, in the quiet hills and valley of Marin County here just north of San Francisco. Starting with Skywalker Ranch, the various pieces of Lucasfilm came together over the decades behind the large trees on his 6,100-acre property, invisible from the single two-lane road that snakes through the area.

And even as his fame grew, Mr. Lucas earned his neighbors’ respect through his discretion. Marin, one of America’s richest counties, liked it that way.

But after spending years and millions of dollars, Mr. Lucas abruptly canceled plans recently for the third, and most likely last, major expansion, citing community opposition. An emotional statement posted online said Lucasfilm would build instead in a place “that sees us as a creative asset, not as an evil empire.”

If the announcement took Marin by surprise, it was nothing compared with what came next. Mr. Lucas said he would sell the land to a developer to bring “low income housing” here.

“It’s inciting class warfare,” said Carolyn Lenert, head of the North San Rafael Coalition of Residents.

It’s lovely to see NIMBY-ism spiked on its own hypocritical underpinnings. Just the threat of allowing “the other” into their lovely 1% outpost will be enough to rattle cages and upset the (self-nominated) “great and the good”:

Whatever Mr. Lucas’s intentions, his announcement has unsettled a county whose famously liberal politics often sits uncomfortably with the issue of low-cost housing and where battles have been fought over such construction before. His proposal has pitted neighbor against neighbor, who, after failed peacemaking efforts over local artisanal cheese and wine, traded accusations in the local newspaper.

The staunchest opponents of Lucasfilm’s expansion are now being accused of driving away the filmmaker and opening the door to a low-income housing development. That has created an atmosphere that one opponent, who asked not to be identified, saying she feared for her safety, described as “sheer terror” and likened to “Syria.”

Update: Jesse Walker comments at Hit and Run:

Lucas hasn’t always been a force for good in land-rights fights: His same statement that complains about the barriers to building on his property also complains that he wasn’t able to put up similar barriers himself when a developer built a neighborhood nearby. But that’s forgiven now. You have to appreciate a move that will simultaneously achieve four worthy goals: making housing more affordable for the poor, showing up the hypocrisies of the local limousine liberals, taking revenge (whether or not Lucas wants to call it that) on the people who restricted his property rights, and setting off a reaction that promises to be far more entertaining than any of the director’s recent movies.

History is just days away from being made as SpaceX’ Dragon cargoship finally blasted off successfully on its Falcon 9 rocket this morning on its way to a rendezvous with the International Space Station.

Elon Musk’s private space firm has had a number of setbacks with the latest test flight of the Dragon, delaying again and again to make sure the software that will put it within spitting distance of the ISS was working properly. And just when it seemed there was no stopping the takeoff last Saturday, the computer held the ship on the ground.

The engines were already firing when the computer “saw a parameter it didn’t like” and aborted the trip. SpaceX engineers later replaced a faulty pressure valve.

However this morning at 08:44 UK time (03:44 US Eastern) there were no problems and the Falcon 9 rocket lifted off on schedule to place the Dragon capsule into an orbit which will carry it to a rendezvous with the station on Friday if all goes to plan.

The first hurdle in the commercial company’s maiden berthing with the ISS has been jumped, with the Dragon out of Earth’s atmosphere, but there’s still a lot to prove before Houston will give the go to attempt a docking.

What troubles me about this… I think it’s beyond hypocrisy. I think it’s something to do with class. A lot of people have accused Obama of class warfare, but in the wrong direction. I believe this is Obama chortling with Jimmy Fallon about lower class people. Do we believe, even for a second, that if Obama had been busted for marijuana — under the laws that he condones — would his life have been better? If Obama had been caught with the marijuana that he says he uses, and ‘maybe a little blow’… if he had been busted under his laws, he would have done hard f*cking time. And if he had done time in prison, time in federal prison, time for his ‘weed’ and ‘a little blow,’ he would not be President of the United States of America. He would not have gone to his fancy-a** college, he would not have sold books that sold millions and millions of copies and made millions and millions of dollars, he would not have a beautiful, smart wife, he would not have a great job. He would have been in f*cking prison, and it’s not a god damn joke. People who smoke marijuana must be set free. It is insane to lock people up.

Partial transcript from the Huffington Post.

Brad Plumer explains:

What will the economy look like in 2013? A great deal depends on what Congress decides to do at the end of this year. Remember, the Bush tax cuts are expiring, the payroll tax holiday will sunset, and a bunch of new spending cuts under the debt-deal “sequester” are scheduled to kick in. Coming all at once, that’s a potentially big drag on growth.

[. . .]

To put this in perspective, the Federal Reserve expects the economy to grow at a roughly 2.9 percent pace in 2013. If Congress does nothing at the end of this year, much of that growth could be wiped out, and there’s a strong possibility that the United States could lurch back into recession. (Granted, a lot could depend on how the Fed reacts in this situation.)

On the flip side, as Ezra discussed in Thursday’s Wonkbook, letting all of the tax cuts expire and spending cuts kick in would also cut the U.S. deficit considerably: “Public debt falls from 75.8 percent in 2013 to 61.3 percent in 2022.”

H/T to Doug Mataconis for the link.