Quotulatiousness

February 6, 2019

“The haggis croquette is the most London-thing ever done in London”

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

At the IEA, Andy Mayer reports on the first attempted Burns Night Supper in the City of London:

Haggis is a traditional Scottish dish made with sheep’s heart, liver and lungs, and stomach (or sausage casing); onion, oatmeal, suet, and spices. It’s either a local delicacy or an elaborate joke played on the English (take your pick).
Photo by “Lordvolom1” via Wikimedia Commons.

Last week the City of London held their first attempt at a Burns night supper, with the First Minister and representatives of the Scottish Government as guests of honour.

It is a difficult tradition to get wrong. Largely it requires steaming piles of Scotland’s revenge on the sausage, poetry that the English politely pretend to understand while feeling vaguely threatened, and bonhomie to overcome it, enabled through litres of distillate infused with the flavour of an entire peat bog.

The City served haggis croquettes, with wine.

There’s possibly a Glaswegian satirist somewhere who’s just given up. “Ach I canne compete. The sassenach dough-monkeys just served wee Nicola a haggis croquette, on Rabbie Burns night! I’m breaking-me pen.”

Meanwhile in Shoreditch two Millenials have just set up the Haggis Croquette Cafe, serving Organic Iron-Bru made from recycled plastic girders. The haggis croquette is the most London-thing ever done in London.

I spent much of the evening talking to trade officials. Their job is to sell Scottish opportunity around the world and open up its markets.

This was interesting – how would descendants of Adam Smith visiting the birthplace of trade economist David Ricardo define their comparative advantage? What can Scotland do better than anyone else? What might they do well enough that they can carve out positions, despite larger rivals, better off leaving such things to Scotland? Fundamentally, how are they going to compete?

There was an uneasy pause after these questions. And then to paraphrase, “Oh no, we don’t want to compete, we want to cooperate! With everyone! Not being threatening, that’s our advantage!”

I feel very sure that Smith, on hearing this, would have reached out, to extend the invisible hand of history across time, to give this official a mild slap. “Encouraging competition, with and from other places, and then getting out of the way, is the whole point”, he might say.

Attempting to Make a Box | Turning Tuesday #5

Filed under: Tools, Woodworking — Tags: , — Nicholas @ 04:00

Matt Estlea
Published on 5 Feb 2019

In this episode, I have a go at making a box on the lathe. Although I may have been on the right lines, this is definitely not the correct way to go about the process and should not be seen as a tutorial. Go and watch someone who knows what they’re doing.
_________________________________________________________________

Support what I do by becoming a Patron! This will help fund new tools, equipment and cover my overheads. Meaning I can continue to bring you regular, high quality, free content. Thank you so much for your support! https://www.patreon.com/mattestlea
_________________________________________________________________
See what tools I use here: https://kit.com/MattEstlea
My Website: http://www.mattestlea.com
_________________________________________________________________

My name is Matt Estlea, I’m a 23 year old Woodworker from Basingstoke in England and my aim is to make your woodworking less s***.

I come from 5 years tuition at Rycotewood Furniture Centre and 4 years experience working at Axminster Tools and Machinery where I still currently work on weekends. During the week, I film woodworking projects, tutorials, reviews and a viewer favourite ‘Tool Duel’ where I compare two competitive manufacturers tools against one another to find out which is best.

I like to have a laugh and my videos are quite fast paced BUT you will learn a lot, I assure you.

Lets go make a mess.

The “Green New Deal” of Alexandria Ocasio-Cortez won’t work

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

Tim Worstall predicts — well in advance of hearing any details of Alexandria Ocasio-Cortez’s Green New Deal — that it won’t work:

Alexandria Ocasio-Cortez speaking at the Reardon Convention Center in Kansas City, on 20 July 2018.
Photo by Mark Dillman via Wikimedia Commons.

Alexandria Ocasio-Cortez is to reveal the details of her Green New Deal in the next few days – the one thing we absolutely know about this being that it won’t work. This isn’t a commentary upon climate change nor the desirability of doing something about it. This is just a simple statement of fact about the universe we inhabit. As with the climate the economy is a complex, even chaotic, thing. Plans to substantially reform it therefore don’t work, no matter how egghead the planners nor pure in motive the instigators.

All of this being why the very reports which tell us we should do something about climate change – say, the Stern Review – tell us that we shouldn’t try to have those detailed plans for what we’ll do and how we’ll do it. Instead we’ve got to use the only management technique we’ve got for something this complex, markets and prices. Which is why near every economist who has even thought about the problem advocates either cap and trade or a carbon tax.

This is, of course, just a rerun of Friedrich Hayek’s point in his Nobel Lecture, “The Pretence of Knowledge”. That universe out there is a complicated place. There’s just no manner that the planner can gain enough information about it, in anything like real time, to be able to plan it. We’ve thus got to use other methods to bend that reality to our will. We can jam a crowbar into prices with a carbon tax for example, but we can’t start planning who should be taking how many car journeys in what sort of vehicles powered in what manner.

So, the Green New Deal from Alexandria Ocasio-Cortex, it fails at this first and basic hurdle. She’s using the wrong method to try to solve the agreed upon problem. Central planning just doesn’t work.

[…]

The reason we want cheap solutions to climate change is that this justifies producing more of a solution. Again, the justification of doing something about climate change is that it will be expensive. So, we should spend up to the amount of the damage to prevent it. Say it will cost $100, then we’re willing to spend up to $99.99 to stop it. This makes us one cent better off. We’re not willing to spend $200 to stop those $100 damages, that would make us poorer.

And more – we should spend that $99.99 as efficiently as we can because that means we’ll stop more climate change for our dollars. That also makes us richer.

Don’t forget, we’ve all already agreed that we’re going to have some climate change. Our arguments are over how much and how much are we willing to do to stop how much of it?

Yes, Minister – The North

Filed under: Britain, Government, Humour, Military — Tags: , , , — Nicholas @ 02:00

Greger Tomasson
Published on 9 Oct 2012

QotD: “Get off my lawn!”

Filed under: Cancon, Government, Quotations, Sports — Tags: , , — Nicholas @ 01:00

The zeitgeist, of course, has also changed since 2002. Childhood obesity and screen addiction are now perceived as urgent matters of public health. A politician who wants those damn kids off his lawn is likely to be told “You’re a monster who is spreading diabetes and ruin, and, frankly, it’s amazing that there are kids on your lawn in 2017 and we would like to know how you accomplished this.”

Colby Cosh, “Hamilton finally ends its decades-old ban on street hockey, and it won’t actually change a thing”, National Post, 2017-03-06.

Powered by WordPress