Quotulatiousness

October 7, 2015

The enigma of the Trans-Pacific Partnership

Filed under: Economics — Tags: , , , , , — Nicholas @ 05:00

We don’t know what’s in it, so it could be a multi-national version of “we have to pass it to find out what’s in it”. Megan McArdle manages to raise one cheer for the agreement:

I’ve spent the morning reading about the Trans-Pacific Partnership. I went in prepared to deliver a column full of details, winners and losers, strong opinions about the good provisions and the bad. But what really comes to mind is a dismal thought: “Is this the best we can do?”

Oh, yes, I know the statistics. Forty percent of the world’s economy. Thousands of tariffs falling. I know the opposition points too, about giveaways to business, intellectual property rules, outsourcing jobs. No one is talking about the larger story, though, which is that the biggest trade news in a decade involves a regional deal of relatively limited impact.

It was not always thus. When I was a fledgling journalist, a wee slip of a thing, we economics writers looked to major global trade negotiations to advance the cause of freer markets, and not incidentally, the material progress of mankind. We looked down on regional side-deals because they were such weak tea compared with the robust brew of a global agreement. Regional deals distorted the flow of trade, encouraging people not to exploit comparative advantage and production capabilities, but rather to seek the best combination of tariff rules from among competing regional frameworks. I have heard arguments that such deals, by distorting trade and weakening the pressure to make global deals, were actually worse than doing nothing. Indeed, I may have made such arguments.

You don’t hear those arguments any more, and that’s because we free-traders have largely given up on global trade agreements. The Doha round of World Trade Organization talks collapsed in the face of European agricultural protectionism and intransigence among countries with large numbers of subsistence farmers. Nativism, protectionism, nationalism seem to be rising as a political force in many countries. Global trade volumes are looking anemic. In this climate, regional agreements seem attractive, in much the same way that the remaining bar patrons assume a winsome glow around closing time.

How have things come to such an unpretty pass?

Argentina’s colonial history

Filed under: Americas, History — Tags: , , — Nicholas @ 04:00

Ralph Peters on the history of Argentina during the colonial era:

In the 19th century in the Western hemisphere, two states fought a protracted series of wars to subdue their frontiers, the United States and Argentina. Others, such as Chile or Canada, saw lesser violence, but the great wars of conquest were directed from Washington and Buenos Aires.

And the Argentine conquest appears to have been the crueler.

Settlers in the Spanish territory that became Argentina faced Indian threats from the beginning, but as the population swelled and expanded its territorial claims, the violence grew more frequent and extreme, with Indian raids on settlers similar to those experienced on the American frontier. Finally, in 1833, Juan Manuel de Rosas — a man of great vision and spectacular brutality who would rule Argentina as dictator — launched his “Desert Campaign,” which pushed back the frontier to Patagonia. Still, Indian raids continued, on and off, as did minor punitive expeditions, until the 1870s saw the years-long campaign, the “Conquest of the Desert,” that finally mastered all of Patagonia — which would become Argentina’s agricultural heartland, facilitating a turn-of-the-century economic boom.

Those wars saw a long list of massacres, atrocities, forced removals and the treatment of Argentina’s aboriginal peoples as animals, rather than humans.

When the Pope told Americans not to judge the past by today’s standards, we thought of our “Trail of Tears,” or of the last, murderous drives to contain our Indians on bleak reservations. But the Pope saw mounted troops in Argentine uniforms hunting down natives like game animals.

A Deeper Look at Tradeable Allowances

Filed under: Economics, Environment — Tags: , , , , , — Nicholas @ 03:00

Published on 18 Mar 2015

Since the passage of the Clean Air Act, SO2 emissions have decreased by 35%. Part of this is due to tradable allowances, which created a market solution to the external costs of SO2 emissions. In this video, we look at the lessons of tradable allowances for SO2 and see if a similar market-based solution could work to decrease other pollutants, such as CO2.

Drummers

Filed under: Media, Science — Tags: , — Nicholas @ 02:00

Everyone who knows musicians has heard at least a few drummer jokes. Open Culture attempts to put a bit of science into the casual abuse drummers have been subjected to over the years:

An old musician’s joke goes “there are three kinds of drummers in the world — those who can count and those who can’t.” But perhaps there is an even more global divide. Perhaps there are three kinds of people in the world — those who can drum and those who can’t. Perhaps, as the promotional video above from GE suggests, drummers have fundamentally different brains than the rest of us. Today we highlight the scientific research into drummers’ brains, an expanding area of neuroscience and psychology that disproves a host of dumb drummer jokes.

“Drummers,” writes Jordan Taylor Sloan at Mic, “can actually be smarter than their less rhythmically-focused bandmates.” This according to the findings of a Swedish study (Karolinska Institutet in Stockholm) which shows “a link between intelligence, good timing and the part of the brain used for problem-solving.” As Gary Cleland puts it in The Telegraph, drummers “might actually be natural intellectuals.”

Neuroscientist David Eagleman, a renaissance researcher The New Yorker calls “a man obsessed with time,” found this out in an experiment he conducted with various professional drummers at Brian Eno’s studio. It was Eno who theorized that drummers have a unique mental makeup, and it turns out “Eno was right: drummers do have different brains from the rest.” Eagleman’s test showed “a huge statistical difference between the drummers’ timing and that of test subjects.” Says Eagleman, “Now we know that there is something anatomically different about them.” Their ability to keep time gives them an intuitive understanding of the rhythmic patterns they perceive all around them.

QotD: The long, long history of slavery

Filed under: Africa, Asia, History, Middle East, Quotations — Tags: , , — Nicholas @ 01:00

What about slavery? Slavery certainly has its place among the horrors of humanity. But our “educators” today, along with the media, present a highly edited segment of the history of slavery. Those who have been through our schools and colleges, or who have seen our movies or television miniseries, may well come away thinking that slavery means white people enslaving black people. But slavery was a worldwide curse for thousands of years, as far back as recorded history goes.

Over all that expanse of time and space, it is very unlikely that most slaves, or most slave owners, were either black or white. Slavery was common among the vast populations in Asia. Slavery was also common among the Polynesians, and the indigenous peoples of the Western Hemisphere enslaved other indigenous peoples before anyone on this side of the Atlantic had ever seen a European.

More whites were brought as slaves to North Africa than blacks brought as slaves to the United States or to the 13 colonies from which it was formed. White slaves were still being bought and sold in the Ottoman Empire, decades after blacks were freed in the United States.

Thomas Sowell, “Indoctrination by Grievance-Mongers: Anti-American educational elites need a dose of reality”, National Review, 2014-10-15.

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