The Korean War by Indy Neidell
Published 1 Oct 2024My, how the tide has turned. Less than two weeks ago, US X Corps landed at Incheon, far behind enemy lines, and already this week they take Seoul, the South Korean capital. Not without a fight, however, and the result is serious tension in US High Command. There are more UN advances in the field, though, and troops of US 8th Army advance north, and link up with those of X Corps, making a solid, united front, trapping many thousands of North Korean soldiers in South Korea.
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October 2, 2024
The Korean War 015 – The Liberation of Seoul – October 1, 1950
Duelling reports on how Javier Milei’s Argentinian “shock therapy” is working
At Astral Codex Ten, Scott Alexander tries to find something approaching the truth between the pantingly enthusiastic libertarian reports and the angrily negative progressive reports:
How is Javier Milei, the new-ish libertarian president of Argentina doing?
According to right-wing sources, he’s doing amazing, inflation is vanquished, and Argentina is on the road to First World status.
According to left-wing sources, he’s devastating the country, inflation has ballooned, and Argentina is mired in unprecedented dire poverty.
I was confused enough to investigate further. Going through various topics in more depth:
1: Government Surplus
When Milei was elected, Argentina went from constant deficits to almost unprecedented government surplus, and has continued to run a surplus for the past six months.
This wasn’t fancy macroeconomic magic. Milei just cut government spending:
- He eliminated 9 of 18 government ministries, including the Ministry of Culture and the Ministry of Women, Gender, and Diversity.
- He laid off 24,000 government workers (and hopes to increase that to 70,000).
- He cut fuel subsidies (paywalled link)
- He may have cut (or at least not increased, which given inflation levels is an effective cut) funding for universities, which now complain they have no electricity and are giving classes in the dark.
- He has changed the way inflation affects pensions in what was realistically a large budget cut.
- Et cetera.
This source says he cut the size of government by about 30% overall. Unsurprisingly, this eliminated the Argentine deficit.
[…]
6: Overall
When Javier Milei took office, he promised to do shock therapy that would short-term plunge Argentina into a recession, but long-term end its economic woes.
He has fulfilled his campaign promise to plunge Argentina into a recession. Whether this will long-term end its economic woes remains to be seen.
I think he gets credit for some purely political victories (completing the budget cuts he said he would complete), for decreasing inflation, and for improving the housing market. But in the end, history will judge him for whether his shock therapy eventually bears fruit. I don’t think that judgment can be made yet, and I don’t see many economists eager to go out on a limb and say that there are strong signs that his particular brand of shock therapy will definitely work/fail.
There are disappointingly few Milei prediction markets, probably because it’s hard to operationalize “he makes the economy good”. This multi-pronged mega-market has few traders, and weakly predicts a mix of good and bad things, maybe leaning a little good. But here is a more specific one:
… which compared to Argentina’s historical GDP growth rate seems — no, sorry, Argentina’s historical GDP growth rate is too weird to draw any conclusions.
And maybe the most important test:
How Gold Rush Miners Ate in the Wild West
Tasting History with Max Miller
Published Jun 18, 2024Biscuits topped with salt pork milk gravy
City/Region: United States of America
Time Period: 1881Food prices skyrocketed during the Gold Rush. A single egg could cost $1 (in the mid-1800s!), and a barrel of flour went from $3 to a whopping $400, which equals about $16,000 today. Once you had some flour and a few other staples, including the newly invented canned evaporated milk, you could make these biscuits and gravy.
I love biscuits and gravy, and while the best biscuits and gravy I’ve ever had will always be my grandpa’s, this is pretty good. My biscuits turned out a little flat, but that’s just because I forgot the baking soda.
Cream of Tartar Biscuits
Mrs. Milliken
One quart of flour, three heaping teaspoonfuls of pure cream of tartar, a piece of butter two-thirds the size of an egg, well worked in flour, one heaping teaspoonful of Babbit’s salaratus, dissolved in sweet milk. Make the dough as soft as can be kneaded conveniently; roll a half inch thick, cut in biscuits, and bake in a quick oven.
— Los Angeles Cookery, 1881
QotD: Alternative history Operation Barbarossa
Trying to predict specific events is of course a mug’s game, but the trend lines are easy to spot. The danger is the nearly irresistible temptation to retcon psychological events into political decisions.
Knowing full well how dumb it is to bring up World War II on the Internet, consider that a pretty reasonable case can be constructed for Operation Barbarossa. Having purged all their competent, experienced officers, the Red Army had just gotten their clocks cleaned by the Finns in the Winter War. Yeah, the Soviets “won” in the end, but with that disparity of forces, there’s pretty much no possible “win” that doesn’t look like a loss … and the Soviets, to put it mildly, were nowhere near that best-case scenario. Moreover, even if you took the show trials for exactly that — kangaroo courts — their very existence showed there was a deep rift at the very top of the Soviet leadership. Anyone, not just Hitler, could be forgiven for thinking that the Soviet Union would collapse under one big sledgehammer blow.1
It works the other way, too. If we accept the “Suvorov Thesis”, that Hitler only attacked Stalin because Stalin was gearing up to attack Hitler, then we can easily construct a similar case from The Boss’s perspective: The Wehrmacht can’t play defense. The one time they came up against anything approaching a real opponent with technological parity (the Battle of Britain), it was at best a bloody draw, more than likely a stinging defeat. And the Hitler regime was reeling, internally. No show trials for der Führer, but Rudolf Hess, who was at least the number three man in the Reich and at the time Hitler’s heir apparent, had just defected to the British. Anyone, not just Stalin, could be forgiven for thinking that the Third Reich would collapse under one big sledgehammer blow.
See what I mean? Both of those cases are quite plausible, and fit with most known historical facts … and yet, they’re retcons. “Rationalizations” might even be a better word, because the thing is, even though those arguments are “logical”, and might indeed have been convincing to important people at the time, that’s not why Hitler did what he did, or why Stalin would’ve done what he would’ve done under the Suvorov Thesis. No, the truth is simpler, and much more horrifying: They would’ve done it anyway, because that’s who they were.
That’s what the Castle Wolfenstein people got right about the Nazis. Same deal with that Amazon show (which was interesting for a season) The Man in the High Castle. In the real world, there’s no possible way the Nazis could’ve invaded the USA, no matter how it turned out on the Eastern Front …
… but in the real world they would’ve tried nonetheless, somehow, because that’s just who they were. Everything Stalin, Khrushchev, et al did during the Cold War here in the real world, Hitler, Heydrich, and the gang would’ve done in the Castle Wolfenstein world where the Battles of Stalingrad and Kursk went the other way.2 They couldn’t have done any different, without being different people, and while it’s fun to speculate on questions like “who would’ve been the Nazi Gorbachev, who self-destructed the Reich by attempting however you say ‘perestroika‘ in German”, it’s not really germane.
Severian, “The Man in the High Chair”, Rotten Chestnuts, 2021-07-05.
1. And Soviet losses were stupendous, utterly mind-boggling, in the first few months of Barbarossa. Tanks and planes destroyed in their tens of thousands, prisoners captured in millions. Even as it became clear that OKW had underestimated Red Army strength by orders of magnitude, it was still almost inconceivable that they had anything left to fight with. Just one more push …
2. This is actually the world of a fun novel, Robert Harris’s Fatherland.
