Published on 20 Jan 2017
Indy sits in the chair of wisdom again to answer your questions about the First World War. This time we talk about the German Jäger Corps, the Pickelhaube and compare the Russian Army of WW1 to the Soviet Army of WW2.
January 22, 2017
German Jäger Corps – Russian Steamroller – Pickelhaube I OUT OF THE TRENCHES
Comments Off on German Jäger Corps – Russian Steamroller – Pickelhaube I OUT OF THE TRENCHES
The media’s Great Depression nostalgia
Ed Driscoll on the recurring media nostalgia for a long-ago, much-worse-than-today time:
The month after Obama won the election in 2008, Virginia Postrel noted that a lot of journalists (read: Democrat operatives with bylines) had heavily invested in the notion that it was the 1930s all over again, and had a major case of what Virginia dubbed “Depression Lust,” and were busy cranking out “Depression Porn” in service to the Office of the President-Elect. Not least of which was Time magazine’s infamous cover of Obama Photoshopped into the second coming of FDR and the headline “The New, New Deal,” thinking it was a compliment, and not an ominous prediction of an economy as similarly atrophied as Roosevelt’s. Pretending that Trump is Hitler allows you, oh brave foot-soldier in the DNC-MSM, to pose as the new Dietrich Bonhoeffer. It’s simply the funhouse mirror image version of the same sclerotic meme.
For the modern left, if the economy is relatively good*, and the incoming president has a (D) after his name, he’s the second coming of JFK (see: Clinton, Bill); if the economy is bad, and he has a (D) after his name, he’s FDR — and no matter what the shape of the economy, if the president has an (R) after his name, he’s Hitler (QED: Nixon, Reagan, Bush #43, and Trump).
* And it was, despite Clinton’s rhetoric. Would Time magazine lie to you? Well yes, of course. But look what they admitted in December of 1992.
Comments Off on The media’s Great Depression nostalgia
Simón Bolívar – III: Leavings and Returns – Extra History
Published on Dec 3, 2016
The failure of his first attempted revolution in Venezuela only fanned the flames of Simón Bolívar’s determination to end Spanish reign over South America. Convinced that he needed to unite the entire continent in freedom, he gathered troops and set out with a new purpose. But his ferocity threatened to overwhelm his ideals.
Comments Off on Simón Bolívar – III: Leavings and Returns – Extra History
QotD: Conflict of interest
I am not sure that this is a suitable subject for a blog post, probably more a project for an aspiring PhD student, but with all the discussion of conflicts of interest in the Trump cabinet, it strikes me that the most glaring conflict in the public sector is ignored: The CoI between state and local politicians elected with the support of public sector unions who then participate in compensation negotiations for the members of those unions. Here the temptation of the politicians to buy the support of the unions with public money is overwhelming. The impact of this is potentially trillions when public pension liabilities are included.
This is such an obvious conflict that I have looked to see if there are laws preventing this, but my initial research shows nothing.
It would be interesting to see if there is a statistical relationship between union support and subsequent pay rises. I would expect this relationship to be especially strong with deferred compensation (such as pensions) since this is very difficult for voters to monitor and can be easily gamed with unrealistic assumptions about, for example, investment returns.
Roger Barris, quoted by Tyler Cowen, “Understudied conflicts of interest in American government”, Marginal Revolution, 2017-01-11.
Comments Off on QotD: Conflict of interest
