Colby Cosh linked to Slava Malamud’s thread, rolled up here courtesy of Thread reader:
May 26, 2019
Game of Theories: The Austrians
Marginal Revolution University
Published on 28 Nov 2017Austrian business cycle theorists argue that the central bank could be distorting market signals for entrepreneurs. How does this contribute to booms and busts?
Comments Off on Game of Theories: The Austrians
QotD: Maurice Sendak on childhood
We’ll begin our tribute to Maurice Sendak with an excerpt of our 1986 interview, in which he told me that when he was a child, adults looked big and grotesque to him, and he couldn’t imagine ever becoming one.
MAURICE SENDAK: It was inconceivable to me as a child that I would be an adult. I mean, one assumed that it would happen, but obviously it didn’t happen, or if it did, it happened when your back was turned, and then suddenly you were there. So I couldn’t have thought about it much.
TERRY GROSS: Because adults seemed really big and different, you couldn’t imagine becoming one?
SENDAK: And awful. Yeah. I mean they were mostly dreadful, and if the option were to become an adult was to become another dreadful creature, then best not, although I think there had to be a kind of normal anticipation of that moment happening because being a child was even worse.
I mean, being a child was being a child — was being a creature without power, without pocket money, without escape routes of any kind. So I didn’t want to be a child.
I remember how much — when I was a small boy I was taken to see a version of Peter Pan. I detested it. I mean the sentimental idea that anybody would want to remain a boy, I don’t — I couldn’t have thought it out then, but I did later, certainly, that this was a conceit that could only occur in the mind of a very sentimental writer, that any child would want to remain in childhood. It’s not possible. The wish is to get out.
“‘Fresh Air’ Remembers Author Maurice Sendak”, NPR Books, 2012-05-08.
Comments Off on QotD: Maurice Sendak on childhood
May 25, 2019
History Summarized: Late Dynastic China
Overly Sarcastic Productions
Published on 24 May 2019Signup for your FREE trial to The Great Courses Plus here: http://ow.ly/diiG30oC0Lk
In a shocking twist of fate, China stays in one piece for a majority of this video. The unfortunate side-effect is that when it does collapse, it collapses HARD. Find out how in this tour through the Yuan, Ming, and Qing dynasties!
Further Reading: China, A History by John Keay
PATREON: https://www.Patreon.com/OSP
The Great Courses Plus is currently available to watch through a web browser to almost anyone in the world and optimized for the US, UK and Australian market. The Great Courses Plus is currently working to both optimize the product globally and accept credit card payments globally.
Comments Off on History Summarized: Late Dynastic China
India’s “Modi generation”
Mihir Swarup Sharma discusses the demographic, political, and social impact of India’s most influential generation:
Israeli President Reuven Rivlin and IDF Chief of General Staff Gadi Eizenkot meet with Indian Prime Minister Narendra Modi, in Jerusalem, July 5, 2017.
Photo by Mark Neyman / GPO via Wikimedia Commons.
The Modi generation, which is and will be India’s most influential ever, will reshape this country the way that other demographic bulges — think of the US’ Baby Boomers — have done so elsewhere. Their India will be substantively different, in terms of domestic and global politics, than that which has come before.
What might this India look like? First, it will be impatient. Young people are less willing to wait for national glory. In the People’s Republic of China, the rule for the country, set by Deng Xiaoping, was to “bide your time and hide your strength”. Xi Jinping’s China, where the agenda is being set to appease a generation of young single men, has abandoned Deng’s maxim. This will be even more true for India, which is after all a democracy that must respond to the most powerful voting bloc in its history. It will be impatient about economics as well. Young Indians expect a better life soon. Today they are willing to give Modi some more time to achieve it. But, in the years to come, that patience will run out.
Second, it will be aggressive. India can no longer “hide its strength”. That was the lesson we must take from the political salience in this election of Balakot, of the promise by the ruling party to enter their houses and kill India’s enemies. A national machismo is the natural consequence of a bulge of young, unemployed and unemployable men. India is perhaps less able to sustain this aggressiveness than, say, China. But the times in which India would be able to absorb terrorist attacks, for example, without a major pushback have passed.
Third, it will be a risk-taker. Young people have a belief in their own invincibility, and Indian policy will be forced to reflect this. Others might argue demonetisation was a foolish mistake; but what matters to many voters is that Modi took a risk, and according to them in a good cause. The Balakot air strike on Pakistan may not have achieved a fundamental strategic transformation of the India-Pakistan relationship (though some experts disagree) but it played well politically because it was not just a demonstration of strength as a nation, but an example of a tolerance to risk. In this sense, the notion of Indian leadership has become one of risk-taking; Manmohan Singh was pilloried for caution and “silence”, Modi is considered an epochal leader because he takes risks.
Comments Off on India’s “Modi generation”
107 Abandoned French Soldiers Killed for Propaganda – WW2 on Location – France 1940 – 02
World War Two
Published on 23 May 2019After the German army breaks through the French lines at Sedan, the left flank of the moving army has to be secured. The French Ouvrage la Ferté, part of the Maginot Line defense works, is subject to this consolidation. But the Germans move with ulterior motives, as them capturing a Maginot Line fort in the first week of the offensive has a huge propaganda value. Tour guide Richard Tucker shows Indy the grounds of a modern tragedy, where 107 French soldiers gave their lives.
Check out (and book!) Richard Tucker here: https://www.tripadvisor.nl/Attraction…
Join us on Patreon: https://www.patreon.com/TimeGhostHistory
Or join The TimeGhost Army directly at: https://timeghost.tvFollow WW2 day by day on Instagram @World_war_two_realtime https://www.instagram.com/world_war_t…
Join our Discord Server: https://discord.gg/D6D2aYN.
Between 2 Wars: https://www.youtube.com/playlist?list…
Source list: http://bit.ly/WW2sourcesWritten and Hosted by: Indy Neidell
Produced and Directed by: Spartacus Olsson and Astrid Deinhard
Executive Producers: Bodo Rittenauer, Astrid Deinhard, Indy Neidell, Spartacus Olsson
Creative Producer: Joram Appel
Research by: Indy Neidell
Edited by: Wieke KapteijnsThumbnail Colorisation by Joram Appel
Eastory’s channel: https://www.youtube.com/channel/UCEly…
Archive by Screenocean/Reuters https://www.screenocean.com.A TimeGhost chronological documentary produced by OnLion Entertainment GmbH.
Comments Off on 107 Abandoned French Soldiers Killed for Propaganda – WW2 on Location – France 1940 – 02
Game of Theories: Real Business Cycle
Marginal Revolution University
Published on 21 Nov 2017Many economic downturns throughout human history can be explained by real business cycle (RBC) theory. So what makes this theory “real” and what are its drawbacks? We’ll cover both in this five-minute tour of RBC.
Comments Off on Game of Theories: Real Business Cycle
May 24, 2019
Making a DRILL PRESS TABLE (Part 1)
Matt Estlea
Published on 23 May 2019As a little interlude project I decided that my drill press table needed an upgrade using a UJK Track and Stop Kit. Let’s get going!
_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 with a further 1 year working as an Artist in Residence at the Sylva Foundation. I now teach City and Guilds Furniture Making at Rycotewood as of September 2018.
I also had 5 years of experience working at Axminster Tools and Machinery where I helped customers with purchasing tools, demonstrated in stores and events, and gained extensive knowledge about a variety of tools and brands.
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.
Comments Off on Making a DRILL PRESS TABLE (Part 1)
Ontario universities’ “quarter-million dollar club”
Being a tenured university professor is generally a well-paid job, even in Canada. But thanks to an unintended interaction between pension legislation and retirement policies, older tenured professors are required to draw their pensions (which are pretty damned good by themselves) and their salaries from the university, which boosts many of them well into the quarter-million a year range:
University College, University of Toronto, 31 July, 2008.
Photo by “SurlyDuff” via Wikimedia Commons.
Ontario is a weird place sometimes. One month ago, the government announced that it was implementing a performance-based funding plan which – if you took the government’s half-thought-out comments seriously – raised the possibility that hundreds of millions or perhaps even billions of dollars currently projected to be spent on institutions might be snatched away if institutions failed to hit some ill-defined targets in a type of contract-based funding system. You’d think this would be a big deal, something people would want to talk about and discuss.
But no. Somehow, this is not what is currently obsessing the Ontario university sector. Instead, apparently, we need to talk about how it’s a human rights violation for professors to be asked to enjoy their retirement on a six-figure annual pension.
Crazy? Well, yes. Here’s the deal. Time used to be that universities could tell professors to retire at age 65 or 67 or whenever. Over the course of the 2000s, provinces gradually got rid of mandatory retirement; in Ontario this occurred in 2006, when the provincial government amended the Human Rights Code to that effect. It should have surprised absolutely no one that more and more full professors, who towards the end of their career routinely make over $180,000 per year, decided to delay retirement not just past 65 but pretty much forever. In 2011, only 6.7% of professors were over 65 and 0.9% 70 or over. Just five years later in 2016, that was up to 10.2% and 3.3% respectively. At the time, I estimated that the compensation costs for the over-65s amounted to $1.3 billion, or enough to hire about 10,000 new junior faculty. The share of that going to the 70-pluses would amount to a little north of $400 million.
But here’s the thing: federal pension legislation requires individuals to start drawing down their pensions at age 71. You can’t opt-out. And so as a result you get individuals who are in what Carleton University economist Frances Woolley recently called the “quarter-million dollar club” (do read Frances’ piece – everything she does on higher education is excellent, but she is extra-excellent on this one). Even if you understand the legislative path that led us here, you probably – rightly – think this is an outrageous sum, particularly in light of the fact that research productivity tends to decline over time and teaching loads among full professors are not all that onerous.
On the other side of the pond, a recent tribunal ruling at Oxford’s St. John’s College points in a very different direction:
Oxford and Cambridge universities can force old professors to retire in order to boost diversity, a tribunal ruling suggests.
Prof John Pitcher, a leading Shakespeare scholar and fellow at St John’s College at Oxford, claimed that he had been unfairly pushed out at age 67 to make way for younger and more ethnically diverse academics.
He sued the College and university for age discrimination and unfair dismissal, claiming loss of earnings of £100,000 – but Judge Bedeau dismissed both claims.
Comments Off on Ontario universities’ “quarter-million dollar club”
“No Bullets Fly” – Charlie Brown and Franz Stigler – Sabaton History 016
Sabaton History
Published on 23 May 2019Heroism isn’t always measured in blood or danger. Sometimes, to spare your foe is the honourable thing to do. A dramatic example comes in the shape of the American Charlie Brown and German Franz Stigler. Brown was flying his heavily damaged B17 “Flying Fortress” bomber home after a demanding bombing run on Bremen when Franz Stigler in his fighter plane caught sight of its tail. This story is about the encounter between the two enemies and the song that Sabaton wrote about it, called “No Bullets Fly” (on the Heroes album).
Support Sabaton History on Patreon: https://www.patreon.com/sabatonhistory
Find A Higher Call, the book that inspired “No Bullets Fly” here: https://www.valorstudios.com/a-higher…
Check out the trailer for Sabaton’s new album The Great War right here: https://www.youtube.com/watch?v=HCZP1…
Listen to Sabaton on Spotify: http://smarturl.it/SabatonSpotify
Official Sabaton Merchandise Shop: http://bit.ly/SabatonOfficialShopHosted by: Indy Neidell
Written by: Markus Linke and Indy Neidell
Directed by: Astrid Deinhard and Wieke Kapteijns
Produced by: Pär Sundström, Astrid Deinhard and Spartacus Olsson
Creative Producer: Joram Appel
Executive Producers: Pär Sundström, Joakim Broden, Tomas Sunmo, Indy Neidell, Astrid Deinhard, and Spartacus Olsson
Maps by: Eastory
Edited by: Iryna Dulka
Sound Editing by: Marek Kaminski
Eastory YouTube Channel: https://www.youtube.com/channel/UCEly…
Archive by: Reuters/Screenocean https://www.screenocean.com
Music by Sabaton.Sources:
IWM: CL 3395
Plane drawing by EmoscopesAn OnLion Entertainment GmbH and Raging Beaver Publishing AB co-Production.
© Raging Beaver Publishing AB, 2019 – all rights reserved.
Comments Off on “No Bullets Fly” – Charlie Brown and Franz Stigler – Sabaton History 016
Ottawa chooses boring names for their new light rail trains
OC Transpo, the Ottawa area transit authority, ran a contest for children to suggest names for their new light rail trains. Being bureaucrats, they carefully avoided choosing some rather clever names the kids suggested:
Ottawa O-Train leaving St.Laurent Station tunnel, January 2018
Photo by “Saboteurest” via Wikimedia Commons.
When commuters and tourists finally do step on to the $2.1 billion light-rail system – already more than two years behind schedule – they’ll ride Maple Taffy, Snowbird or Northern Lights, when they could’ve boarded Shania Train or Roberta Bondcar, a witty nod to Canada’s first female astronaut.
Culled from entries restricted to children 16 and under, winning selections that consisted largely of Canadian clichés favoured by the City of Ottawa, was not due to a lack of overall creativity from the youth who participated.
Zooming Poutine, The Queensway Cruise and Sir Chuggsalot were overlooked for winning selections Poppy, Totem and Tundra. Galloping Goose, Tunnel Beaver and The Speed Beaver were also overlooked by judges, who preferred The Canada Goose, Majestic Moose and Nanuq/Polar Bear.
Even Ottawa professional sports teams and fan-favourites like former Senators’ stars Daniel Alfreddson and Erik Karlsson – The Alfie and Karlsson Express – didn’t make the cut, while Rocket Richard, the Montreal Canadiens legend, will rub this in at every stop his train makes.
[…]
But perhaps the most glaringly overlooked multiple-entry from the more historically-minded youth was Thomas Ahearn, a local inventor and founder of the Ottawa Electric Railway Company which built the city’s original streetcar system.
Judges also denied Justin Traindeau and The Jimmy Wagon (a wink at current Ottawa Mayor Jim Watson), and weren’t keen on Sorry, NIMBY Express, Taxed To Death and Da Sink Hole from the more politically sardonic kids; the latter a jab at the huge pit rail construction opened up on Rideau Street.
Comments Off on Ottawa chooses boring names for their new light rail trains
Game of Theories: The Monetarists
Marginal Revolution University
Published on 14 Nov 2017Meet the monetarists! This business cycle theory emphasizes the effect of the money supply and the central bank on the economy. Formulated by Nobel Laureate Milton Friedman, it’s a “goldilocks” theory that argues for a steady rate of fairly low inflation to keep the economy on track.
Comments Off on Game of Theories: The Monetarists
QotD: Politics and culture
… sometimes Mark Steyn seems like the only conservative you can discuss these issues with, because most Republicans think popular culture is beside the point, if not downright dangerous. Steyn, on the other hand, has performed “Kung Fu Fighting” before thousands of people in civic auditoria more accustomed to Mary Kay Cosmetics conventions, so he gets it.
“Social conservatives are always editing pop culture,” says Steyn, “and it’s completely pathetic. Conservatives play to the caricature. Mention a French movie and the crowd turns on you. It’s a reductive view of the world. There are ideological enforcers casting aside works of art because they contain bad words or uncomfortable associations. It’s one of the biggest abdications of the American right. Who gives a crap about who gets elected to the Congressional district in Ohio? — that’s not going to change the culture. It’s movies that move the culture. And if you abdicate that space, you lose. Jeb Bush spent a billion dollars to get 2.8 per cent of the vote in Iowa. Mitt Romney and people like him who have a billion dollars — don’t spend it on politics, buy a TV network! Theatre, movies, music, that’s where the battles are fought. They’ve abdicated that space in the schools. As a result, my kid had to sit through Al Gore’s lousy movie three times. All effective storytelling is inherently conservative — because your choices have consequences. For the Left, nothing has consequences. But the trends are all in the Left’s direction, because the Right got out of the game — they chose to make themselves culturally irrelevant. If you’re not in the same room, having the conversation, there’s not gonna be a solution.”
Mark Steyn, interviewed by John Bloom, “Mark Steyn, Cole Porter and Free Speech”, Quadrant, 2017-05-11.
Comments Off on QotD: Politics and culture
