Quotulatiousness

January 11, 2012

Computers as doctors

Filed under: Health, Technology — Tags: , — Nicholas @ 12:02

An interesting post from Alex Tabarrok at Marginal Revolution:

In 2004 I wrote In Praise of Impersonal Medicine arguing:

    I have nothing against my physician but I would prefer to be diagnosed by a computer. A typical physician spends most of the day playing twenty questions. Where does it hurt? Do you have a cough? How high is the patient’s blood pressure? But an expert system can play twenty questions better than most people. An expert system can use the best knowledge in the field, it can stay current with the journals, and it never forgets.

and in 2006 I noted:

    The practice of modern medicine is surprisingly primitive … My credit card company knows far more about my shopping history than my physician knows about my medical history.

I now believe that we are on the cusp of major changes to medicine. The thousand dollar genome sequence is less than a year away, Ford has just developed a car seat that can monitor your health, many people are already using wrist monitors to measure heart and sleep patterns. All of this data will soon be combined with massive databases to offer predictive and prescriptive health diagnosis.

But my favourite part of the posting was this comment from Joseph Huntington:

Stay clear of Doctors. I am a lifelong physician. Cardiologist, Head Surgeon, UCLA for 17 years. Medicine today is riskier than any casino. I left the zoo when it became a Federal Collection Center for data that will likely be used in population selection. If you’re a model or athlete, you have nothing to fear. If you’re sub-average, or over age 35 … just sleep well, drink water, walk, breathe deeply, eat mostly fresh things, laugh, love, work honorably and again, stay away from guys like me.

Reason.tv: Three reasons conservatives should cut defence spending now

Filed under: Bureaucracy, Economics, Military, USA — Tags: , , , , — Nicholas @ 10:23

Pro-nuclear power opinion piece on the BBC

New Hampshire breaks for Romney

Filed under: Media, Politics, USA — Tags: , , — Nicholas @ 09:13

After all the other candidates (except Ron Paul) effectively signed their Socialist Party cards during this campaign trying to portray Mitt Romney as the demon offspring of Ebeneezer Scrooge and Gordon Gekko, it’s probably no surprise that Romney won the state handily. Ron Paul managed a better-than-expected second place finish. Doug Mataconis wraps up the race:

Ron Paul came in second with 23% of the vote, higher than he had been polling over the past week and an apparent indication that he had been able to mobilize the independent/libertarian vote in the Granite State much as he had done in Iowa. In 2008, Paul had finished 5th in the state, with about 18,900 votes. This time, Paul garnered more than 55 votes, more than aall of the other candidates save Huntsman and Romney combined. Not surprisingly, Paul’s speech last night was as much a victory speech as if he’d actually won the night

[. . .]

Jon Huntsman, who finished a disappointing third with 17% of the vote, vowed to take the fight to South Carolina and did his best to spin an outcome that had to be a let down given his recent rise in the polls into good news

[. . .]

Rick Santorum and Newt Gingrich, meanwhile, came out of New Hampshire virtually tied at 9% of the vote, Gingrich with roughly 22,921 vote and Santorum with roughly 22,708. and both gave simultaneous concession speeches that didn’t really concede anything, arguing that the race had just started and that they were heading to South Carolina. One candidate who’s already down in the Palmetto State, Rick Perry garnered a rather pathetic 1% of the vote and issued a statement that basically said that New Hampshire didn’t matter. Of course, you’d expect the guy who came in last place to say the race doesn’t matter.

Taking a look at the Exit Polls, Romney’s victory was pretty widespread, and pulled in what some might consider some surprising demographic groups:

  • Romney won all income categories, except those earning less than $30,000/year. That group went to Ron Paul slightly more (36%) than to Romney (31%)
  • Romney won among both registered Republicans (48%) and registered Independents (32%)
  • Romney won all ideological groups except those who called themselves “somewhat liberal,” which went to Paul 33% and 32% for Romney
  • Romney won all religious groups, except “None” which went to Paul 47% to 21% for Romney
  • Romney won the support of 42% of those with a positive opinion of the Tea Party, and 40% of those with a neutral opinion. Huntsman received 42% of those who had a negative opinion of the movement

In other words, it was, unlike Iowa, a clear and decisive victory for Romney. Some will discount it by stating that this was all expected given the fact that Romney had been leading the field by double digits for months now, and while that may be true nothing succeeds like success and, right now, Mitt Romney has the wind at his back heading into South Carolina. Polling there is now showing him with a double digit lead over his rivals. Of course, the next ten days are going to consist of candidates like Newt Gingrich, Rick Perry, and Rick Santorum trying to chip away at that lead. Gingrich and his SuperPac, for example, will reportedly putting as much as $3.5 million in to ad buys around the state, which is not an insignificant amount of mount for the Palmetto State. Rick Perry is already down there comparing Romney’s career at Bain to “vulture capitalism,” and Santorum is likely to spend his time trying to peal away the social conservatives in the South Carolina GOP, where he’s likely to find a friendlier venue than he did in the Palmetto State. The question is whether it will be enough. Romney will be able to match Gingrich or anyone else dollar-for-dollar and ad-for-ad for one thing. For another, it’s unclear whether the this anti-Bain message really works on Republicans and Republican-leaning Independents. If the results in New Hampshire are any indication, the answer to that question is a clear and resounding no.

An unlikely source of healthcare innovation: Singapore

Filed under: Asia, Economics, Health — Tags: , — Nicholas @ 00:10

In a post from a few years ago, Bryan Caplan sings the praises of the very different approach to public healthcare practiced in Singapore:

In The Undercover Economist, Tim Harford highly praised the health care policies of Singapore. But it wasn’t until I read the section on health care in Ghesquiere’s Singapore’s Success that I realized how amazing the official numbers are. If the following is true, all the comparisons showing that the U.S. greatly outspends Europe without getting better health are beside the point, because Singapore makes Europe look like the U.S.:

    The Singapore government spent only 1.3 percent of GDP on healthcare in 2002, whereas the combined public and private expenditure on healthcare amounted to a low 4.3 percent of GDP. By contrast, the United States spent 14.6 percent of its GDP on healthcare that year, up from 7 percent in 1970… Yet, indicators such as infant mortality rates or years of average healthy life expectancy are slightly more favorable in Singapore than in the United States… It is true that such indicators are also related to the overall living environment and not only to healthcare spending. Nonetheless, international experts rank Singapore’s healthcare system among the most successful in the world in terms of cost-effectiveness and community health results.

How does Singapore do it? Singapore is no libertarian health care paradise, but it does self-consciously try to maintain good incentives by narrowly tailoring its departures from laissez-faire:

    The price mechanism and keen attention to incentives facing individuals are relied upon to discourage excessive consumption and to keep waste and costs in check by requiring co-payment by users.

    […]

    The state recovers 20-100 percent of its public healthcare outlay through user fees. A patient in a government hospital who chooses the open ward is subsidized by the government at 80 percent. Better-off patients choose more comfortable wards with lower or no government subsidy, in a self-administered means test.

I’ve heard a lot of smart people warn that co-payments are penny-wise but pound-foolish, because people cut back on high-benefit preventive care. Unless someone is willing to dispute Singapore’s budgetary and health data, it looks like we’ve got strong counter-evidence to this view: Either Singaporeans don’t skimp on preventive care when you raise the price, or preventive care isn’t all it’s cracked up to be.

“I don’t know how these kids do it, how they go to school every day without breaking these laws”

Filed under: Bureaucracy, Education, Law, Liberty, USA — Tags: , , , — Nicholas @ 00:07

The further criminalization of what used to be ordinary childhood behaviour:

Each day, hundreds of schoolchildren appear before courts in Texas charged with offences such as swearing, misbehaving on the school bus or getting in to a punch-up in the playground. Children have been arrested for possessing cigarettes, wearing “inappropriate” clothes and being late for school.

In 2010, the police gave close to 300,000 “Class C misdemeanour” tickets to children as young as six in Texas for offences in and out of school, which result in fines, community service and even prison time. What was once handled with a telling-off by the teacher or a call to parents can now result in arrest and a record that may cost a young person a place in college or a job years later.

“We’ve taken childhood behaviour and made it criminal,” said Kady Simpkins, a lawyer who represented Sarah Bustamantes. “They’re kids. Disruption of class? Every time I look at this law I think: good lord, I never would have made it in school in the US. I grew up in Australia and it’s just rowdy there. I don’t know how these kids do it, how they go to school every day without breaking these laws.”

The British government is studying the American experience in dealing with gangs, unruly young people and juvenile justice in the wake of the riots in England. The UK’s justice minister, Crispin Blunt, visited Texas last September to study juvenile courts and prisons, youth gangs and police outreach in schools, among other things. But his trip came at a time when Texas is reassessing its own reaction to fears of feral youth that critics say has created a “school-to-prison pipeline”. The Texas supreme court chief justice, Wallace Jefferson, has warned that “charging kids with criminal offences for low-level behavioural issues” is helping to drive many of them to a life in jail.

January 10, 2012

What a difference a decade makes

Filed under: Economics, History, USA — Tags: , , , — Nicholas @ 10:53

Megan McArdle reports from her business school’s ten-year reunion on the fates of her fellow MBA students:

It was my 10-year reunion at the University of Chicago Booth School of Business. Obviously I wanted to see if people had gotten fatter, balder, and wrinklier. (Surprisingly, not really.) But I also wanted to know what had become of us, and our careers.

Ten years ago, we graduated into a country where the Twin Towers were still standing, Webvan was a going concern, and the unemployment rate was 4.5 percent. Many of us headed to New York or other cities to become what Tom Wolfe, in The Bonfire of the Vanities, called “the Masters of the Universe” — the financiers who can earn lottery-size sums on a single deal. Others went to Silicon Valley start-ups, or became the consultants who worked with them. I couldn’t find anyone at the reunion who admitted to trading dodgy residential mortgage-backed securities, but we participated in all the other madness of two decades of financial froth—and got smashed in two crashes.

We weren’t the people who inflated the bubbles; we were the ones hired, and then fired, by those people. We were the ones who happened to be standing next to the guy who was pushing the buttons when everything went to hell.

[. . .]

I have a theory about what happened to us, and our nation: when too much money is piled together in one place, it starts to decay, and as it does, it emits some sort of unidentified chemical that short-circuits the parts of your brain controlling common sense. When my class matriculated in 1999, ads for a firm called Discover Brokerage featured a tow-truck driver whose passenger notices in the cab a picture of the home — an island — that the driver has purchased with his fabulous online-trading profits. The passenger looks taken aback while the driver muses, “Technically, it’s a country.”

What’s even more amazing than the fact that this ad was ever made is that this sort of triple-distilled balderdash could intoxicate a large group of very smart people at one of the nation’s top finance schools.

Oh, don’t get me wrong: none of us was simpleminded enough to take those ads literally. Oh, ho-ho, no, not us! No, we made only the most erudite and sophisticated sorts of mistakes, like gang-rushing banking internships, and telling ourselves we were “consumption smoothing” as we used student loans to finance vacations. Believe it or not, many of us talked frequently about the echoes of 1929 — but we still didn’t necessarily act on that insight, as the markets cratered in the early 2000s.

For my summer 2000 internship at Merrill Lynch, I chose the technology-banking group despite having watched the March 2000 NASDAQ crash from the lobby of Merrill’s auditorium, where we were supposed to be undergoing orientation. Ignoring the helpless, angry flapping of the HR staff, a bunch of us spent the afternoon telling nervous jokes and watching the eerie flicker that billions of dollars give off when they evaporate on live TV.

Parents (absolving themselves from any responsibility) want Ottawa to solve child obesity problem

Filed under: Cancon, Government, Health, Media — Tags: , , — Nicholas @ 10:27

Parents who fear to let their children go outside want the federal government to magically fix the problem the parents have created:

The majority of parents believe they play a major role in whether their children are overweight, but many also want the government to build more recreation centres.

[. . .]

The survey done by Ipsos Reid talked to 1,200 people, and most feel obesity is the leading health issue facing children today — more so than drugs, smoking and alcohol.

The survey found that 61 per cent of Canadians don’t think Ottawa is doing enough, and 70 per cent strongly support government initiatives that would educate children on healthy choices.

If you don’t let your children go outside unattended (hence the desire for “recreation centres”, where the little snowflakes will be supervised at all times), they won’t get as much exercise. Without exercise, on a typical modern diet, they’ll gain weight. Having gained weight, they’ll be even less likely to voluntarily exercise. Rinse and repeat for 18 years.

When “everyone agrees” about excessive executive pay, something else is being sold

Filed under: Economics, Media, Politics — Tags: , , , , , — Nicholas @ 09:45

Tim Black on the amazing unanimity of thought that the most pressing problem in the world right now is big pay packets for corporate CEOs:

Occupy London, the Labour Party, the Lib-Con coalition, the Archbishop of York… It doesn’t matter to what or to whom you look, you’ll find the same simple-minded sentiment: the root cause of our economic and social problems is greed. The greed, that is, of bankers, of overpaid CEOs, of those at the top of society who simply have and want too much.

[. . .]

If there was ever a striking indication of the deadening political conformism, the dearth of social imagination, that so characterises our contemporary impasse, it is there in the sheer ubiquity of the Greed-is-Bad argument.

So what is driving this pervy, across-the-board obsession with the pay packets of super execs? It’s certainly not impelled by a desire to get to grips with the economic crisis that holds most of the developed world in its grip. No doubt there are some simple-minded souls in a state of Occupation who believe that blaming and bashing company CEOs or bankers is somehow to understand the economic crisis. But just as the remuneration packages of a few bankers and bosses did not bring about the current crisis, so seeking to limit their wages, to impose a maximum national wage, will not solve the crisis. And while £3million or £4milllion for a CEO’s annual salary does seem huge, such figures amount to very little in the grand economic scheme of things. As the Investor’s Chronicle points out: ‘The average FTSE 100 CEO is paid £3.9million year. But this is only one four-thousandth (0.025 per cent) of the average market capitalisation of a FTSE 100 company.’

The current fashion for attacking large pay packages, then, is economic neither in impulse nor intent. Rather it is driven, in the first instance, by a narrow moralism. For its numerous proponents, either in party offices or in spartan tents, it represents an easy posture, a cheap critical pose. One Guardian columnist virtually gave the game away: ‘Like phone hacking or MPs’ fiddled expenses, this is an issue that only needs to be described to seem reprehensible.’ That is, to the right-thinking types on liberal broadsheets, criticising large salaries is just too good an opportunity to miss. Indeed, like attacking tabloids and MPs, it is a mark of one’s membership of the right-thinking to have a pop at the really, really rich.

But there’s a deeper, darker impulse driving this cheap attack on exorbitant pay packages than just preening self-righteousness. And that’s the belief that the large pay packets pursued by the undeservedly wealthy are a symbol of a society-wide pathology. The cheap attack on top earners is also an attack on the material aspirations of the rest of us. We are, in short, just too greedy now to be left to our own unregulated, uncontrolled devices. A report from the High Pay Commission — a grandiosely monikered body established by centre-left think tank Compass, a few trade unionists and business secretary Vince Cable — makes this clear by drawing the highly questionable link between this putative celebration of ‘greed’ — or ‘an elevation of the concept of the rational self-interested man to unprecedented heights’ — and the August riots. ‘It should not perhaps surprise us’, the report states, ‘that the rioters took the trappings of wealth that they could not afford — the TVs and designer trainers. It reflects a sense of entitlement that pervades society from the very top to the bottom.’

Scottish independence on the front-burner

Filed under: Britain, Government, History — Tags: , , , — Nicholas @ 09:31

An interesting summary of the independence debate in Scotland from The Economist:

Put up or shut up. That is the risky (but arguably rather canny) message that David Cameron has sent to the pro-independence head of the Scottish devolved government in Edinburgh, Alex Salmond. Specifically, Mr Cameron has announced that the British government and Westminster Parliament are willing to give Mr Salmond the referendum on Scotland’s future that he says he wants — as long as it is a proper, straight up-and-down vote on whether to stay in the United Kingdom or leave, and is held sooner rather than later.

It is not that Mr Cameron wants to break the three hundred year old union between London and Edinburgh. Both emotionally and intellectually, he is fiercely committed to the union as a source of strength for both Scotland and Britain, insist Conservative colleagues who have discussed the question with him. Publicly, he has pledged to oppose Scottish independence with “every fibre” of his being.

But Mr Cameron and his ministers also feel that Scotland has been drifting in a constitutional limbo, ever since Mr Salmond’s Scottish National Party (SNP) won an outright majority at Scottish parliamentary elections in 2011 (a feat that was supposed to be impossible, under the complex voting system used in Scotland). The SNP campaigned on a simple manifesto pledge to hold a referendum on the future of Scotland. But after his thumping win Mr Salmond slammed on the brakes and started talking about holding a consultative vote in the second half of his term in office, ie, some time between 2014 and 2016.

Political geometry

Filed under: Economics, Government, History, Liberty — Tags: , , , , — Nicholas @ 09:16

L. Neil Smith on the inadequacy of “left” and “right” to properly describe the political spectrum:

When I took my one and only Political Science course in college, in 1966, the instructor told us that when certain opinions show up in the polls he and his colleagues conduct — chiefly those of admirers of Ayn Rand, or followers of Henry George — their opinions have to be thrown out, since they don’t fit anywhere on the traditional political spectrum.

This is science? When the data refuse to fit the model, throw out the data, rather than the model? If this is “science”, it’s exactly the same “science” that brought us Global Warming. And it is from at least forty years of corrupt, lazy, irresponsible academics like this poli-sci instructor that we get our present generation of news media “personalities”.

Let’s throw out the model, instead, and see what happens.

Imagine a triangle, with a lower right corner, a lower left corner, and a corner, or apex, at the top. Even at this stage — when the picture is far from complete — such a diagram comes closer to representing the real shape of our political landscape than a simple line.

Label the right-hand corner paternalistic. Those who occupy this corner, and the positions they take, tend to be autocratic, strongly oriented to the past, concerned with what they believe (often falsely) is history and tradition, and with, above all, punishment, which they offer as a cure for every social ill. Their mysticism tends to focus mostly on an ancient, angry father-god. In their view, others should be adequately organized, even regimented, properly disciplined, and controlled. They maintain a posture of perpetual threat-display. People of the right either want to be spanked, or to do the spanking, themselves.

Think of the patrician George F. Will or the late William F. Buckley.

Individuals who occupy the left-hand corner are inclined to be maternalistic, majoritarian — as long as the vote goes their way — oriented toward the present (they call it “living in the now”), and prone to medicalizing social problems and “healing” everybody whether they wish to be “healed” or not. They substitute animism and other mystical nonsense for traditional religion. They believe people must be watched over, taken care of, institutionalized, and medicated. When their veneer of altruism is stripped away, they become hysterical and violent. People of the left either want to be mommied, or to be Mommy, themselves.

Think of Nancy Pelosi, Harry Reid, or the repulsive Elizabeth Warren.

Inhabitants of the upper corner of the triangle typically think of themselves as self-determined, self-motivated, individualistic, and oriented toward the future. It is less common for them to be mystical or religious than otherwise. They display a live-and-let-live attitude of respect toward others — believing they should be left alone rather than meddled with — and favor restitution rather than punishment or therapy in the case of wrongdoing. The other two positions, right and left, are basically infantile. The apex is the only place for real adults.

Good examples would be LeFevre, Robert A. Heinlein, or Dr. Mary Ruwart.

It should be reasonably clear by now that the left-hand corner is where socialism lives — if you want to call it living — the ethical view that the rights of the group come before those of the individual. However the right-hand corner is often misidentified, as with the case of Mussolini, Hitler, and the Nazis. Look over the characteristics associated with it: the correct political expression of the right is monarchism. Long after revolutions in the 18th and 19th centuries, loyal advocates of the king are still out there, pressing his royal case.

January 9, 2012

Dungeons & Dragons to take major leap of faith: asking the fans for help

Filed under: Gaming — Tags: , , — Nicholas @ 13:17

Although I started playing role playing games in high school, I was never all that fond of the original Dungeons & Dragons rule set. I tried several other rule sets, but ended up “rolling my own” based on a simple combat and magic ruleset from Steve Jackson Games Metagaming (The Fantasy Trip, based on the Melee and Wizard hex-and-counter minigames). I worked at one of the biggest gaming stores in Canada at the time, so I had lots of access to RPG resources. What mattered to me was the role-playing, not the ultra-fine distinctions between different kinds of pole-arms.

Wizards of the Coast, the current owners of the D&D franchise, are struggling to make the game relevant again:

True believers have lost faith. Factions squabble. The enemies are not only massed at the gates of the kingdom, but they have also broken through.

This may sound like the back story for an epic trilogy. Instead, it’s the situation faced by the makers of Dungeons & Dragons, the venerable fantasy role-playing game many consider to be the grandfather of the video game industry. Gamers bicker over Dungeons & Dragons rules. Some have left childhood pursuits behind. And others have spurned an old-fashioned, tabletop fantasy role-playing game for shiny electronic competitors like World of Warcraft and the Elder Scrolls.

But there might yet be hope for Dungeons & Dragons, known as D&D. On Monday, Wizards of the Coast, the Hasbro subsidiary that owns the game, announced that a new edition is under development, the first overhaul of the rules since the contentious fourth edition was released in 2008. And Dungeons & Dragons’ designers are also planning to undertake an exceedingly rare effort for the gaming industry over the next few months: asking hundreds of thousands of fans to tell them how exactly they should reboot the franchise.

The Gospel according to Tebow

Filed under: Football, Humour — Tags: , — Nicholas @ 13:01

I’m not a Tebow fan, but I did find this John Holler bit amusing:

The Gospel According to Tebow added another chapter Sunday. It may be time to recite Tim Tebow victories like Bible verses. Sunday, he completed 10 of 21 passes, officially recorded as Tebow 10:21. Vikings fans are familiar with Tebow 10:15, one of the more profound verses in the Gospel. Kansas City is no stranger to the Book of Tebow, but they are forced to recite Tebow 2:8 (a particularly harsh verse in the Leviticus vein) and Tebow 6:22. San Diego has read Tebow 9:18. The Jets know the nearby verse of Tebow 9:20 by heart. The Patriots version of Tebow 11:22 will be posted on the locker room wall this week. Buffalo fans still shudder at the sound of Tebow 13:29. Amen, so shall it be.

What is really meant by the term “Deliberative democracy”

Filed under: Government, Liberty, Media, Politics — Tags: , , — Nicholas @ 10:21

Frank Furedi explains the intent of “consultations”, “public conversations”, and “deliberative democracy” — which are neither conversations nor democratic in nature:

In these situations, ‘consultation’ is turned into a tool of management masquerading as genuine deliberation. The demand for deliberation always comes from above, and the terms of these ‘public conversations’ are always set by professional consultants. The process of deliberation depends on ‘procedures, techniques and methods’ worked out by experts. The exercise itself is overseen by professional facilitators, whose rules are really designed to assist in the observation and management of the participants. These phoney conversations are not forums where the participants interact as equals — rather, skilled facilitators are employed to create the right kind of environment and desirable outcomes. One writer sings the praises of ‘citizens’ juries’ — a common form of deliberative democracy — by saying that such juries rely on ‘trained moderators’ who ensure ‘fair proceedings’. With zero self-consciousness, the writers endorses such a highly manipulative environment as being superior to ‘liberal institutions’, which apparently only encourage passivity amongst citizens. What we have is a pretence of deliberation and a reality of manipulation.

Deliberative democracy is neither deliberative nor democratic. Rather, it is about promoting propaganda through the pretence of having an open conversation. However, when it comes to manipulating the public imagination, ‘deliberative polling’ beats deliberative democracy to the finishing line. Deliberative polling stage-manages an allegedly open discussion on a controversial issue in order subliminally to alter people’s views and convictions. According to one of the advocates of deliberative polling, the beauty of this exercise is that ‘many participants changed their voting intentions as a result of the dialogue’. The author, Carne Ross, offers a scenario where, prior to an exercise in deliberative polling, 40 per cent of people surveyed said they would vote for mainstream centrist parties, 22 per cent for socialists, nine per cent for centrist liberals and eight per cent for greens. However, by carefully finessing the wording of the choices available to the participants, the deliberative manipulators successfully increased the number of participants who wanted to ‘emphasise the fight against climate change’ from 49 to 61 per cent.

Deliberative democrats are not shy about acknowledging that their support for conversational forums is contingent upon the participants reaching the ‘right’ decisions. Deliberative democracy is often promoted on the basis that it provides an environment conducive to changing people’s minds and having them adopt the ethos of the forum’s organisers. Deliberation is the preferred method of communication, because it can be a useful tool for transmitting the outlook of the organisers. To ensure that this objective is achieved, the group’s interpersonal dynamic is carefully controlled. To prevent the spontaneous emergence of informal group leaders, ‘most moderators are alert to the manner in which deliberations can be dominated by confident and outspoken individuals’, assures one assessment of deliberative democracy. It appears that deliberative democracy works best when ‘confident and outspoken individuals’ are put in their place.

The depiction of an exercise in brainwashing as a new form of democracy shows that political rhetoric is just that these days — empty rhetoric. It is a sign of the times that a procedure that could have come straight out of George Orwell’s Nineteen Eighty-Four can be presented as an enlightened alternative to representative democracy. The assumption that the professional facilitator has the moral authority to determine how people should think and emote speaks volumes about the patronising attitude of today’s ‘deliberators’.

Calling it “austerity” doesn’t make it so

Filed under: Economics, Government, Media, USA — Tags: , , , , , — Nicholas @ 10:11

Nick Gillespie provides a reality check on some particularly imaginative use of “austerity” in describing the end of the Bush administration and the start of the Obama administration:

In constant 2010 dollars, the federal government spent about $2.3 trillion in 2001. By 2010, the total was around $3.6 trillion. And though the federal government has not passed (and will not pass) a budget for a third straight year, the two plans currently on the table envision spending either $4.7 trillion or $5.7 trillion in 2021. The lowball figure comes from the budget that passed the GOP-controlled House last spring. The higher number comes from President Obama’s budget proposal.

If austerity is the new black, the news has yet to reach the people who actually wield power in the capital. And if the Washington elite aren’t serious about cutting spending, they sure aren’t hell-bent on cutting red tape and regulations either.

For self-evident reasons, George W. Bush and the Republicans soft-pedaled the fact that, over the course of his presidency, he hired 90,000 net new regulators, signed the Sarbanes-Oxley bill that radically complicated corporate accounting practices, passed a record number of “economically significant” regulations costing the economy $100 million or more and, says economist Veronique de Rugy, spent more money issuing and enforcing federal regulations than any previous chief executive.

Obama is continuing the trend by increasing employment at regulatory agencies by more than 13 percent and issuing 75 major rules in his first two years.

All this happened during what Frank calls “the golden years of libertarianism.” So I have problems understanding what he is talking about when he issues dicta such as “free-market theory has proven itself to be a philosophy of ruination and fraud.”

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