The Great War
Published on 1 Mar 2018German victory in the East, chaos in the British High Command, stable fronts in the Balkans and Italy, the US still not in full strength; German General Erich Ludendorff has a window of opportunity for his spring offensive and he intends to use it. Within the next weeks the German Army will launch their biggest offensive of WW1: Operation Michael.
March 2, 2018
Ludendorff’s Window Of Opportunity I THE GREAT WAR Week 188
Sean Gabb on the ever-more-likely “hard Brexit” option
Sean Gabb hasn’t read the full text of the draft treaty of withdrawal from the European Union, but does offer some general points that do not depend on the details in that document:
I wish the Referendum had not been called. Nobody in or near power had so much as the vaguest idea of how to leave the European Union. Nearly two years on, nobody still knows what to do or how to do it. The politicians are all incompetent or dishonest, or both. The politicians in charge called an election, and were so sure of winning it that they effectively lost it. The politicians most likely to replace them are probably more incompetent, and certainly more dishonest. The other European powers and the European powers have now had time to recover from their initial shock, and are behaving like that spurned and vindictive wife. Though I repeat that I have not read it, I have no doubt their draft treaty is the modern equivalent of the Versailles Diktat. They are pushing this on us because they want to deter any other member state from trying to leave. I also suspect they are pushing it because, for the past three centuries, they have been repeatedly stuffed by us, and they now want to do some stuffing of their own.
If we accept the draft treaty, or anything like it, we shall have exchanged an equal membership of the European Union for satellite status. We shall have limited control over our internal regulations. We shall have limited control over our borders. We shall have consented to a unification of Ireland on the most humiliating terms. If, unable to negotiate better terms, our leaders tell us that we should stay in after all, that will involve still more humiliation. What little authority we ever had to negotiate opt-outs from inconvenient regulations will have evaporated. We shall be forced to join the Euro and the Schengen Agreement. Any future British “No!” will be met with pitying smiles and firm insistence. I will say nothing about the prospects for civil disorder in this country.
On the bright side, the draft treaty – if as bad as I am told it is – makes everything much simpler that it was. The Tory ultras strike me as no less corrupt and dishonest than everyone else. I think little of the people concerned. But their plan, such as it is, has become the only plan on offer.
Whether she is profoundly stupid is beside the point. Our main problem with Theresa May is that she appears to be unable to make up her mind. Well, I think it was Abba Eban who said that, when everything else has been tried and seen to fail, people will often do the right thing. Here for what they are worth, are my proposals for Mrs May:
- Reject the draft treaty without further discussion;
- Propose a free trade treaty to cover goods and services, and call for a joint committee to examine how all present and future European regulations can be imposed and verified in this country for those things alone that are exported into the European Union;
- Tell the Irish that they can avoid a hard border with Ulster by joining us outside the European Union;
- Put up whatever cash may be needed in the short term to keep Ulster from economic collapse;
- Tell the Americans that, if they want any kind of future alliance, they should give us their full backing, and be prepared to make an emergency free trade agreement;
- Tell everyone to plan for an economic shock next April, and make collective preparations for dealing with it.
By this point, it seems it’d be a major concession on the part of the EU negotiators to agree not to hold the formal signing of the agreement in that railway carriage at Compiègne.
DicKtionary – F is for Fraud – Jeanne de Valois Saint-Remy
TimeGhost
Published on 28 Feb 2018F is for fraud, the art of deceit,
And it’s not so nice to be labeled a cheat,
F is also for France, and female, so let me,
Introduce today’s hero, Jeanne Saint-Remy.Join us on Patreon: https://www.patreon.com/TimeGhostHistory
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Canada’s foreign policies, in the wake of recent Prime Ministerial mis-steps
Ted Campbell suggests that our current foreign policy goals have been seriously undermined by the — shall we say “disappointing” — outcomes of Prime Minister Trudeau’s Chinese and Indian trips:
[Former senior Canadian diplomat David] Mulroney begins by saying that: “The best that can be said about Prime Minister Justin Trudeau’s visit to India is that it may prompt a review, if not a complete rethinking of a Canadian foreign policy that appears to be seriously off the rails. We have some hard lessons to learn … [and] … At the very least, the Prime Minister’s debacle in India should encourage smart people in Ottawa to zero in on what isn’t working.” That’s good thinking. At the end of every major campaign, an especially after campaigns in which things go awry, good military commanders convene a board of senior officers to consider “lessons learned,” in the hope that they will not make the same mistakes next time. sadly, especially today, the lessons learned are all too quickly forgotten even if the analysis was rigorous enough in the first place.
“Most worrying,” David Mulroney says, “is a fundamental and puzzling failure at the level of policy implementation, something that appears to be compounded by the Prime Minister’s own impetuosity. Flying to India before the big meeting with Prime Minister Narendra Modi was in the bag, much like heading off to Beijing on a free-trade themed visit without any reasonable expectation that a deal was doable, exposes Mr. Trudeau to a degree of prolonged public skepticism that comes to define the visit itself.” In other words: Justin Trudeau goes off “half cocked” as we soldier say … not ready for action. That is, I suspect, in part because his team in the Prime Minister’s Office (PMO), was brilliant on the campaign trail in 2015 but is really unqualified to advice the leader of the government of the G7 nation; that poor quality of policy advice matters because Justin Trudeau was, and still is, to be sure, “just not ready” for the job he was handed. But his
officecampaign team wants to get and keep him in the public eye because that’s part of the 2019 campaign strategy … this time it failed because they really didn’t understand the business at hand.[…]
But India is not just any country, as Mr Mulroney explains: “India isn’t our friend. It is a rising regional power beset with a range of domestic problems, including serious human rights issues. It takes a prickly approach to global issues that is often at odds with traditional Canadian policies in areas ranging from trade policy to nuclear disarmament … [and, he says] … The Indian diplomats I worked with could be wonderfully pleasant after the official day was done. But, for the most part, they brought a formidably ruthless precision to their pursuit of India’s interests in the world. While they might ultimately agree to grant Canada a concession, this was always a product of hard and often heated negotiations. They never conceded a point because they liked us or because we are home to a large Indo-Canadian community.” Further, he adds that “My experience with Chinese diplomats was entirely similar.” Although never at the same level as Mr Mulroney, I worked in the international arena as a senior officer, especially in one sector (global radio-communications which included arranging for the expansion of mobile communications in the 1990s. My Chinese and Indian colleagues were, indeed, fine men and women but they, just like me, were there ~ Geneva, a lot, but everywhere from Washington, London, Canberra and Tokyo to Beijing ~ defending their interests. “friendship,” even long standing alliances didn’t count for anything. Billions of dollars were at stake, profits and losses would hinge on how we ~ engineers and lawyers and businessmen and soldiers from dozens of countries ~ managed to slice up the radio spectrum to allow these new services to thrive. The Chinese and Indian delegates were just as professional, just as technically qualified, just as hard nosed as the Americans, Brits and Canadians.
“Long before the election of U.S. President Donald Trump,” David Mulroney says, “it should have been clear to us that the world is changing in ways that do not align with traditional Canadian views, interests and values. If we’re smart, the rise of countries like China and India can certainly contribute to our prosperity, and with hard work, we should be able to find common cause on important issues such as global warming … [but, he adds] … the rise of these assertive and ambitious Asian powers will almost certainly challenge global and regional security. Both will also continue to reject traditional Canadian notions about global governance and human rights, and neither will be particularly squeamish about interfering in Canadian affairs.” Sunny ways, feminism and being green don’t count for much; they are very certainly not a sound foundation upon which to build a foreign policy. We have to start thinking about our vital interests in the world ~ about what they are and about how we can and will protect and promote them: that’s the basis of a grand strategy. It was also the kind of thinking that Stephen Harper hated: he wanted to deal with issues incrementally, linking them together, sometimes, into a coherent web but never allowing them to become too important in and of themselves. That was bad enough but I’m persuaded that Justin Trudeau doesn’t think about those “big ideas” at all … because, I fear, they are, simply, quite beyond his comprehension.
Defining the Unemployment Rate
Marginal Revolution University
Published on 18 Oct 2016How is unemployment defined in the United States?
If someone has a job, they’re defined as “employed.” But does that mean that everyone without a job is unemployed? Not exactly.
A minor without a job isn’t unemployed. Someone who has been incarcerated also isn’t counted. A retiree, too, does not count toward the unemployment rate.
For the official statistics, you have to meet quite a few criteria to be considered unemployed in the U.S. For instance, if you’re without a job, but have actively looked for work in the past four weeks, you are considered unemployed.
In times of recession, when people are faced with long-term unemployment and lots of discouragement, the official rate might not count some of the people that you would otherwise consider unemployed.
This video will give you a clear picture of how the unemployment rate is defined and build a foundation for further understanding this important facet of labor markets.
QotD: Cronyism
… I would argue that we don’t have truly free trade or, increasingly, a free economy in the United States. The Progressives always look at the rising income inequality and maintain that it’s the inevitable result of capitalism. That’s hogwash, of course, and Proggies believe it because they’re dolts. But the problem in this country isn’t free trade — we have precious little of it — or unrestricted capitalism, since we have precious little of that as well. The issue behind rising income inequality isn’t capitalism, it’s cronyism. Income isn’t being redirected to the 1% because capitalism has failed, it’s happening because we abandoned capitalism in favor of the regulatory crony state and its de facto collusion between big business/banking interests and a government that directs capital to favored political clients, who become “too big to fail”. It doesn’t matter, for instance, whether the president is a Democrat or Republican, because we know the Treasury Secretary will be a former — and future — Goldman Sachs executive.
Indeed, what we call “free trade” nowadays isn’t the Theory of Comparative Advantage in action. It’s corporations being allowed to ship jobs to low wage countries overseas to offset the cost of regulatory burdens in the US that restrict competition from new entrants to the market. That works great for large corporations. Not only do they get to offset the regulatory costs by overseas production, but slower job growth in the US flattens domestic wages, too, and sends millions out of the labor force altogether. For working people, the biggest financial rewards from the current “free trade” regime seem mainly reaped by large business and banking interests. Again, people know if their own lives are better or worse than they used to be, and if the promises of elites have been born out by their own experience.
Dale Franks, “Vote Properly, You Virulent Racist!”, Questions and Observations, 2016-06-28.