Foundation for Economic Education
Published on 4 Oct 2018What sustains people through difficult times is a sense of meaning, not happiness or wealth. In The Incredibles, Bob had to learn to find the same level of meaning in being a husband and father as he did in being a superhero. How do you find meaning in your life?
October 23, 2018
Finding Meaning in The Incredibles
QotD: The boomers
How did my generation do? Well, we get blamed for being selfish and self-obsessed and soft and pushing up house prices and saddling the next generation with hideous debts and nowhere to live and I suppose that’s not entirely unfair.
We are ridiculously obsessed with food, buy too many things and have too many clothes. But we didn’t start a war. Well, not a big one. And we didn’t nuke anyone. We defused the Cold War. We believed in the collective good. Although we came to confuse gestures with actions and we think going on a march and writing a letter are the same as doing something, making the world better.
We were the generation that were relentlessly for civil rights, human rights, gay rights, disability rights, equality, fairness. We were implacably against racism and censorship. We defended freedom of speech, religion and expression. We will leave the world better fed and better off than when we arrived in it.
Britain is a far happier, richer and fairer place than it was 60 years ago. And if you think that’s wishful self-promotion, you have no idea how grim and threadbare Britain in the Fifties was. You weren’t there, you don’t remember.
A.A. Gill, “Life at 60”, Sunday Times, 2014-06-29.
October 22, 2018
Vikings beat New York Jets, 37-17
On Sunday afternoon, the Minnesota Vikings visited New Jersey to play the 3-3 Jets and rookie quarterback Sam Darnold. I don’t think Darnold enjoyed his afternoon, racking up stats of 16 of 41 fpr 195 yards and three interceptions. Vikings wide receiver Adam Thielen tied a long-standing NFL record with his seventh 100-yard game to start the season.
The New York Jets lost out on Kirk Cousins in March. On Sunday, they lost to him.
Cousins, who considered the Jets in free agency before signing with the Vikings, led to Minnesota to a 37-17 victory at MetLife Stadium.
On a chilly day, with the wind blowing 16 mph at kickoff, Cousins completed 25 of 41 passes for 241 yards and two touchdowns. He threw touchdowns of 34 yards to Adam Thielen in the first quarter and 34 yards to Aldrick Robinson in the fourth.
Thielen caught nine passes for 110 yards, his seventh straight game of 100 yards receiving or more to start the season. That tied the NFL record set by Charlie Hennigan of the Houston Oilers in 1961.
Vikings running back Latavius Murray had 15 carries for 69 yards and two touchdowns. He scored on runs of 11 yards in the third quarter and 38 yards in the fourth. Murray’s second score gave the Vikings a safe 27-10 lead.
With the win, the Vikings (4-2-1) moved into first place in the NFC North.
Looting – Pilates – Suicides Among Soldiers I OUT OF THE TRENCHES
The Great War
Published on 20 Oct 2018Crisis Call Center (US): http://crisiscallcenter.org/crisisser…
Crisis Service Canada: http://www.crisisservicescanada.ca/
Mind (UK): https://www.mind.org.uk/
Deutsche Depressionshilfe: https://www.deutsche-depressionshilfe…
The right to repair
Companies have always tried to corral their customers into behaving in ways that maximize the companies’ profits, even if that’s not best for the customers: forcing you to use “official” printer ink, to buy your printers and terminals from the same company that sold you your mainframe, to get your apps from the company that sold you your phone.
One especially effective profit-maximization strategy is controlling repairs. If a company can force you to use its official repair services, they can set prices for parts and service, and force you to use original manufacturer’s parts, rather than third-party parts or refurbished parts. And, of course, they can refuse to repair a product after a certain number of years: in the absence of a third-party repair option, this means that you have to throw away your product and buy another one from the company.
Though the urge to control customers to maximize profits is as old as business, the digital era has seen an important shift in the tactics used to make business models mandatory. The abuse of laws like Section 1201 of the DMCA (which bans breaking DRM), the Computer Fraud and Abuse Act (which lets companies treat their “license agreements” as though they had the force of law), as well as trade secrecy and monopolistic supply-chain control has literally criminalized many forms of independent repair, and it’s getting worse.
Last year, 18 state level Right to Repair bills were crushed by a big business coalition led by the tech industry. These bills would end companies’ war on independent service by forcing them to supply parts, manuals, and diagnostic codes to independent technicians.
The Last German E-Boat
Mark Felton Productions
Published on 24 Sep 2018S-130 is the very last of Germany’s sleek S-Boats, the fast motor torpedo boats known to the British as E-boats, that ravaged shipping around the shores of the UK. Now being restored in Britain, this boat is a rare wartime survivor with an equally fascinating postwar story to match.
Photo credits: British Power Boat Trust, Exercise Tiger Memorial, Barry Lewis, Jim Linwood.
QotD: Aging gracefully
Last year, for the first time, a young girl, French, offered me her seat on a crowded bus. I was surprised at how deeply I resented her. Health looms over the elderly like a threatening monsoon. No ache is innocuous. No lump or discoloured, sagging patch of body is ignorable except our toenails, which become the most sordidly repellent things in all nature. We covertly examine ourselves and our effluvia for the premonition of the dark humour that will carry us away. There is no such thing as a routine checkup. They are all life-or-death appointments.
Doctors start all their sentences with “It’s only …” But we’re not fooled. This generation is also the one that lingers longest over its departure. Death came to our grandparents with a clutched chest and a searing pain. For us it’s a slow, humiliating series of it’s onlys. What we worry about is dementia, a condition that did not exist in the popular lexicon when I was a child. Mind you, we also thought cancer was as shaming as divorce. Now Alzheimer’s is our abiding fear, the thing we can’t forget.
My chats with contemporaries are like bridge games where we try to fill in the gaps in each other’s sentences to make one coherent conversation. My dad died of Alzheimer’s. I once asked him how he was feeling: “Oh, quite well, except you know I’ve got this terrible disease, what’s its name?” So we go to the gym, we have trainers, I do Pilates. But it’s only maintenance. I’m not looking for a beach body, there’s no New Me in the cupboard; I just want one that’s supple enough to put on my own socks.
After giving up drink and drugs, I continued to smoke about 60 a day until 12 years ago and then I stopped. And people said, “Well done! How did you manage it? What willpower!”
It didn’t feel like well done. It felt like a defeat — the capitulation to fear. When I started smoking at 14 I was golden, immortal. I smoked around the world; I took pride in my ability to smoke with elegance, panache and skill. Smoking was my talent and I gave it up because I lost my nerve.
I don’t miss the cigarettes, but I do miss the me that smoked so beautifully.
A.A. Gill, “Life at 60”, Sunday Times, 2014-06-29.
October 21, 2018
The Submarine War – WW2 – 008 October 20 1939
World War Two
Published on 20 Oct 2018For the men in the navies of the warring nations in Europe, there was nothing phony about WW2 in October 1939 – mortal danger was immediately under the cold surface at the receiving end of a torpedo or a depth charge…
Join us on Patreon: https://www.patreon.com/TimeGhostHistory
Or join The TimeGhost Army directly at: https://timeghost.tvWritten and Hosted by: Indy Neidell
Produced and Directed by: Spartacus Olsson and Astrid Deinhard
Executive Producers: Bodo Rittenauer, Astrid Deinhard, Indy Neidell, Spartacus Olsson
Research by: Indy Neidell
Edited by: Spartacus Olsson an Ben Ollerenshaw
Trainee editor SarveshColoring by Spartacus Olsson, Olga Shirnina and Norman Stewart
Olga’s pictures: https://klimbim2014.wordpress.com
Norman’s pictures https://oldtimesincolor.blogspot.com/Archive by Screenocean/Reuters https://www.screenocean.com
A TimeGhost chronological documentary produced by OnLion Entertainment GmbH
This is why Keynesianism doesn’t work in practice – the politicians flub the hard part
Tim Worstall explains the fatal flaw in Keynes’ economic theory … not so much in the theory part, but in the practical application by flesh-and-blood human beings:
We’re told that government borrowing is falling, the deficit closing. This therefore means that it’s possible to relax austerity, to start spending more upon sweeties for the voters. This being exactly and precisely why Keynesianism as a practical matter doesn’t work. For politicians will follow the fun bit and not the difficult part. Thus as an overall theory it simply is, to use a governmental phrase, no longer operative.
[…]
Think of what that basic Keynesian idea is. When the economy’s in the doldrums we should blow out the deficit in order to increase demand and thus boost the economy. But when we’re running at the resource limit then any such attempts will just turn up as inflation. So, we should stop doing that. Also, as Keynes himself pointed out, when the Sun shines is the time to repair the roof. Perhaps pay down some of that national debt so that the next time we need to blow that deficit out we’ve got space to do so.
Do note that this basic set up is also entirely consistent with modern monetary theory. When the economy is running at its limits then we should be taxing more of that created money back to prevent inflation. That is, running a smaller budget deficit, possibly even a surplus.
So, what happens to kill either theory in reality? Well, here we are. Unemployment at its lowest since the early 1970s. Employment to population ratio at its highest since then. And what are people talking about? Blowing out the deficit again to buy sweeties for voters. That is, the political imperatives just don’t militate in favour of anyone using these theories as they’re supposed to work.
In the meantime, of course, we’ve effectively changed the meaning of the word “austerity“:
Austerity is a political-economic term referring to policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. Austerity measures are used by governments that find it difficult to pay their debts. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures, which is assumed to make the payment of debt easier. Austerity measures also demonstrate a government’s fiscal discipline to creditors and credit rating agencies.
To a modern politician — or political activist — “austerity” now means something more like “only spending a bit more this year than you did last year”. British commentators have been accusing the government’s “austerity” measures for all kinds of negative effects, yet there have been no large scale austerity measures brought in.
Tank Chats #36 Tiger 131 | The Tank Museum
The Tank Museum
Published on 21 Apr 2017Tiger 131 is the most famous tank in The Tank Museum’s collection and arguably the most famous tank in the world.
Here curator David Willey discusses the history of Tiger 131, it’s current place and importance in the collection, and its future.
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Or donate http://tankmuseum.org/support-us/donate
QotD: Footnotes
The absence of footnote references from the pages of this book may aggrieve some readers but will, I hope, please a larger number, who do not care for the untidy and irritating modern fashion of treating any historical study as a card-index rather than a book to be read. Footnote references are an inevitable distraction to the reader’s eye and mind. The justification for omitting them is not, however, merely one of narrative smoothness and page cleanlinness. Such references are only of value to a small proportion of readers — as a means to personal research or composition. By direction the student’s attention to an isolated quotation or piece of evidence, such footnote references are apt to give this a flase value; and can also be the means of conveying a false impression. They may enable the student to find out whether the author’s use of a quotation is textually correct, but they do not enable him to find out whether it gives a correct impression. For the true worth of any quotation can only be told by comparison with the whole of the evidence on the subject. Further, the practice of littering the pages with references is not even a proof that the author has consulted the sources. It is easy to copy a quotation — complete with footnote references! — from some previous writer, and a study of books on the Civil War, especially, suggests that this labour-saving device is not uncommon.
B.H. Liddell Hart, Sherman: Soldier, Realist, American, 1928.
October 20, 2018
Barley, beer, and climate change
There was a “study” recently released proclaiming the end of beer … or at least a huge hike in beer prices coupled with a drop in availability due to climate change. Tim Worstall explains why the report is — at best — misleading:
You’ll have seen the various reports over the past few days that climate change is going to do terrible damage to the beer industry. The mechanism is that drought and heat will reduce the barley yield, this will then reduce the amount of beer that can be made. What follows is the explanation from the actual researchers of what they’ve done. It is, to put it mildly, nonsense. For their assumptions are wrong. Let us say that climate change does reduce barley yields on those lands currently planted to it. But we do know that as this happens then other, more polar, regions open up to being suitable for the growing of barley. So the initial worry is just untrue.
They then go on to insist that we’ll feed the cows on the barley that’s left rather than make beer from it. Thus the shortfall in beer is greater than that in barley. Nonsense upon stilts. Humans don’t work that way. We started this agriculture thing because we wanted the beer after all. Feeding the animals came later – and often enough the cows are fed on the barley after we’ve made the beer from it anyway. We’d put our minimal supply into booze not beasts.
Finally, they tells us that Irish beer prices would double. No, really, given the level of taxes there upon the stuff it’s really not true that even their 30% reduction in barley supply is going to double the price.
Cavalry was a stupid idea
Lindybeige
Published on 28 Aug 2016The Great Courses Plus free trial: http://ow.ly/fA12302OFSt
Riding a horse into battle is not a technique easy to adopt. The first man to suggest it may have been laughed at.
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A long ramble by me. Possibly I should have done one video about Celtic/Roman four-pommelled saddles, and a separate one about how cavalry took a long time to develop.
I wasn’t quite at my peak while making this one. I came back from abroad with a virus, and had spent the previous day coughing.
Lindybeige: a channel of archaeology, ancient and medieval warfare, rants, swing dance, travelogues, evolution, and whatever else occurs to me to make.
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