Forgotten Weapons
Published 21 Jan 2026In the 1980s, the Mauser company was completely adrift, without any real plans or goals or good leadership. They had been trying to get by on relaunched old designs, and not been very successful. By the late 80s they move on to just buying guns from other companies (like Renato Gamba) and relabelling them as Mauser. One of these partnerships was with FEG in Hungary.
In 1990, Mauser contracted with FEG to buy Browning High Power copies. FEG had actually licensed the high Power design from FN back in the 1970s, and was already tooled up for production, so they just added a Mauser roll mark and called the gun the M80. It was a straight copy of the High Power, except for the omission of the magazine safety. Production ran from 1990 until 1995, with only 3,200 made. The gun did not sell well, which should [not] be very surprising — this was a very outdated design by the 1990s and the Mauser name just wasn’t worth much as a value-add.
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June 14, 2026
Mauser M80SA: Actually a High Power and Actually Hungarian
June 13, 2026
June 9, 2026
Stop buying stadiums for billionaires!
ReasonTV
Published 6 Feb 2026Sports subsidies suck.
If sports is a trillion dollar industry, with billionaire team owners and millionaire players, and hundreds of thousands of enthusiastic fans, and weird pervert mascot creatures, why is the government giving them your money?
June 7, 2026
Are “Dad books” in trouble?
In the latest SHuSH newsletter, Ken Whyte views with (mild) alarm a recent Wall Street Journal article claiming that “Dad books” — the kind of books thoughtful kids give their fathers as gifts — are in steep decline:
The Wall Street Journal ran a piece last month on the death of Dad books, the Father’s Day specials — books about “some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography”.
Here’s what it gave for evidence. Nonfiction book sales have declined for four years, including an 8 percent drop this year up to May 9.
Sales of Books about politics and current affairs are down 19 percent in those same four months and nine days in 2026. The article quotes, among others, former Simon & Schuster publisher Jonathan Karp saying that “this is a sea change and people should wake up and realize we’re living in a new world”.
The new world is one with “an endless supply of Substack newsletters, Netflix documentaries, YouTube videos and podcasts that offer the kind of fresh reporting, sharp analysis and historical perspective once limited doorstop-size books”.
Jonathan Burnham of Harper Group adds that all these alternatives to books make “the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.”
The WSJ noted that Chernow’s recent biography of Mark Twain, published last spring, is underperforming his 2017 biography of Ulysses S. Grant.
There was an obligatory quote from Barnes & Noble CEO James Daunt, who attributed the decline in serious nonfiction sales to the fact that everyday events are all-consuming: “The world is exceptionally interesting right now and when that happens the nonfiction reader is reading the news instead.”
As someone who publishes a lot of Dad books, i.e., serious researched nonfiction, histories and biographies, that sort of thing, I read the article with concern. In fact, I read it twice.
I felt much better after the second reading.
Let’s start with the chart. The first four months and 9 days of 2026 are doing all the work here. A decline of 1 to 2 percent in the years 2023 to 2025 is statistical noise. Circana BookScan numbers don’t include audiobooks, which have been rising steadily in popularity. The very slight decline in sales for the first three years might be entirely attributable to format shifting, hardcopy to digital audio. The 8 percent decline in the first four months of 2026 looks more ominous, but book sales figures are always lumpy, never a straight line. A four-month sample tells you nothing.
The greater problem with the chart is that it is counting adult nonfiction book sales, not Dad books. There are any number of ways to cut Circana BookScan data, but the broad adult nonfiction category contains a vast array of books. Books for men, books for women, books for everybody. Not only serious researched nonfiction, but self-help, how-to, study guides, business and personal finance, psychology and religion books, health and fitness books, parenting books, food and travel books, true crime, sports, military, essays, crafts and hobbies, memoirs, etc. There is no data cut for Dad books. So the story is backing its thesis for the death of apples with stats about oranges.
The report of a 19 percent drop in the narrower category of politics and current affairs also looks ominous, but this is one of the most notoriously cyclical genres in existence. And, again, we’re discussing a short period of four months and nine days. The new Trump era was less than a year old at the start of that period. It generally takes longer than a year to get new books from commission to sale. Ten days after the end of the period under discussion, Andrew Weissmann released Liar’s Kingdom: How to Stop Trump’s Deceit and Save America. It was an instant number-one New York Times bestseller. In so specialized a category as this, Liar’s Kingdom alone might have been sufficient to right the ship.
The only other evidence presented to support the decline in Dad books is poor Ron Chernow’s journey. His Mark Twain, with 119,259 hardcover sales, is underperforming his Ulysses S. Grant, with 381,604 sales.
I don’t know where to start. The Grant book has been out for almost a decade, Twain for a year. Not surprising that it has sold less. Also, you can’t compare major political biographies to major cultural biographies. David McCullough’s biographies of Truman and Adams far outsold his book about American artists and writers in Paris. And while I’m a fan of Chernow, his Twain book isn’t his best work. He received polite and generally positive reviews, but they noted that the book is overly long — the word “exhaustive” surfaces repeatedly — and that he doesn’t entirely succeed in bringing Twain to life. Grant is a superior book, and the more enjoyable read, too, if customer reviews are anything to go by. The Twain sales prove nothing.
So we don’t really have any evidence at all that Dad books are in trouble, that they’re getting swamped by podcasts or current events, and certainly not that there’s been “a sea change” and that we’re living “in a new world”.
Amusingly, the literary world was flooded with hot new Dad books coincident with the WSJ‘s declaration of their death.
June 6, 2026
June 2, 2026
Applying for a job in 2026
This is exactly the kind of experience I was having before I retired: painfully extended online application process, complete with re-entering pretty much everything in my resumé in their preferred format (but without the impromptu video pitch, thank goodness) followed almost instantly by rejection. In the vast majority of cases, no human being was ever even aware of my application:

“Help Wanted” by dreamsjung is licensed under CC BY-SA 2.0 .
I spent 4 hours yesterday updating my resume to apply for a mid-level PM role.
The listing said they wanted someone with 10 years of experience in a software that was invented 4 years ago.
I clicked apply and was immediately redirected to a third-party portal that asked me to upload my resume, which I did.
Then it asked me to manually type in every single detail of the resume I had just uploaded.
Why did I upload it if I have to type it again?
Is the uploaded PDF just a ceremonial offering to the HR gods?
I spent 40 minutes breaking down my career history into tiny mandatory text boxes.
The portal required me to list a start and end date for every job, but the calendar widget wouldn’t let me type the year.
I had to click the back arrow month by month to get to 2002.
My wrist started cramping somewhere around 2018.
Then it asked for my high school GPA.
I’m 44 years old.
I don’t even remember the name of my high school mascot, let alone my proficiency in AP European History.
After the history lesson, came the behavioral assessment.
It presented me with 75 statements and asked me to rate them from “strongly disagree” to “strongly agree.”
One statement was “I prefer to work alone but also thrive in team environments.”
That is a paradox.
I’m being asked to evaluate a philosophical contradiction by a recruiting algorithm.
I just clicked “neutral” for everything out of spite.
The final step was a mandatory video cover letter.
I had to record a one-minute pitch explaining why my core values align with a B2B SaaS company that sells inventory management software.
My core value is being able to afford groceries and paying my internet bill on time.
I put on a dress shirt over my sweatpants, stared into my webcam, and lied for 60 seconds.
I said I’ve always been profoundly passionate about supply chain optimization.
Nobody is passionate about supply chain optimization.
I clicked submit and immediately received an automated rejection email.
The timestamp said it was sent zero seconds after I applied.
I was evaluated and deemed unworthy by a line of code at the speed of light.
Next time I’m just going to wrap my resume around a brick and throw it through their office window.
May 31, 2026
How Sports Illustrated devolved into AI slop
Ted Gioia generously pulls an article out from behind the paywall for the benefit of cheapskates like me. It’s on the deliberate destruction of Sports Illustrated:
Imagine if sports journalism were like an actual sporting competition — and the best team wins.
In that kind of contest, could any periodical in history surpass this lineup:
- William Faulkner reports on a hockey game.
- Robert Frost covers baseball.
- Carl Sandburg offers golfing tips.
- John Steinbeck contributes a story about fishing.
- Ernest Hemingway writes on bullfighting.
This sounds like an editor’s fantasy. But these are actual stories and bylines from Sports Illustrated.
For a period of fifty years, this magazine set the gold standard for sports journalism. Nobel and Pulitzer winners wrote for them. Sports Illustrated even convinced John F. Kennedy to write a freelance article. In fact, that was one of the first things JFK did after getting elected president.
How do you kill a brand as powerful as Sports Illustrated?
It’s easy, you can do it in one just one move. You just need to embrace the most exciting, futuristic technology of the 21st century.
That’s what Sports Illustrated did. The world’s most respected sports magazine gave up on Hemingway and Faulkner, and started publishing AI slop. The editors clearly wanted to hide this — they pretended that the articles were written by actual human beings. They even created fake bios with photos for the non-existent authors.
When a journalist from Futurism asked them about this, they quickly deleted everything.
But the damage was already done. The magazine’s reputation was on the mat, like those bloodied boxers it had covered over the decades.
Just 55 days later, Sports Illustrated announced that it was laying off most of its workforce. The media reported that Sports Illustrated would stop operations completely.
A few months later, a new publisher stepped in as savior. But there wasn’t much to save — at least as a journalism business.
The latest move happened yesterday. The new owner laid off 12% of its workforce, including several of the remaining skilled journalists from the pre-AI era. Some of them are in desperate shape.
Former SI journalist Jeff Pearlman now mocks the magazine as an “empty vessel for selling sh*t to idiots and for getting people to gamble away their money on sports”.
It’s now a brand name, he insists, with nothing behind it.
That’s all Sports Illustrated is. It’s a name. It’s something to put on cruise ships. It’s something to put on clubs. It’s something to put on popcorn. Literally, there’s a Sports Illustrated popcorn.
May 30, 2026
Buying W.W. Greener: Tales from the Golden Age of Surplus
Forgotten Weapons
Published 7 Jan 2026I am joined today by Val Forgett III of Navy Arms for the first in a series of videos telling some of his stories form growing up in the golden age of surplus, with a father who was one of the largest arms dealers in the US. Today, we are talking about how his father ended up owning the W.W. Greener company for five days, and taking a look at a sniper rifle from the Greener museum collection — a .280 Ross fitted with a Zeiss optic used by Greener’s nephew to significant effect in the First World War.
Minor correction: The guns Val still has were duplicates for Edward VII, not Edward VI.
In addition, Mr Bailey’s story has a happy ending. Val’s father gave him the machine tools from the Greener shop and prepaid for six months lease on a nearby building for him to start his own business. He eventually partnered with a former Greener employee named Leonard Onions and they formed Bailons Gunmakers Ltd, which was in business for many years.
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May 29, 2026
Debunking the “it’s just phone book information” claim for Bill C-22
Michael Geist explains why the “it’s just phone book information” hand-waving by politicians and government officials is worse than misleading: it’s deliberate mendacity.
If this sounds familiar, it is because the same tired claims have been used for years. In September 2011, then-Public Safety Minister Vic Toews defended the Harper government’s lawful access proposals by claiming “linking an internet address to subscriber information is on par with the phone book linking phone numbers to an address”. Christopher Parsons, then a researcher at the Citizen Lab, responded with a detailed anatomy of what a lawful access “phone record” actually contained, showing that the three-field directory entry the government was invoking was being used to describe an eleven-field record including IP addresses, IMEI and IMSI numbers, SIM serials, device identifiers, and account information from multiple providers, any one of which could be cross-referenced to build a comprehensive profile of a person’s online life.
The Supreme Court of Canada put the issue to rest in the Spencer decision, holding unanimously in 2014 that there is a reasonable expectation of privacy in subscriber information precisely because the disclosure of such information “will often amount to the identification of a user with intimate or sensitive activities being carried out online, usually on the understanding that these activities would be anonymous”. It returned to the same terrain in Bykovets in 2024, extending Charter protection to IP addresses on the reasoning that an IP address is the “first digital breadcrumb that can lead the state on the trail of an individual’s Internet activity”.
Bill C-22’s new subscriber information production order applies a low evidentiary standard but covers name, pseudonym, address, telephone number, email address, account identifiers, types of services provided to the subscriber, the period during which they were provided, and information that identifies the devices, equipment, or things used by the subscriber in relation to those services. In short, a modern subscriber record is not a phone book entry but rather an index of a person’s digital life and the government is proposing to reduce the standard needed to gain access to that information.
Moreover, the same phony framing is now being stretched beyond subscriber data to mandatory metadata retention. As Conservative MP Andrew Lawton noted to Fraser at committee, the government and its officials have been telling Canadians that requiring electronic service providers to retain metadata for up to a year is “no different than just having a copy of the phone book that someone could leaf through”. That is a laughable comparison, given that metadata includes the date, time, duration, and type of a communication, the identifiers of the devices involved, and information identifying the location of the device. It is as if the phone book would include the details of every call made including location, call recipient, and device. And given retention for up to a year, the plan poses a disproportionate privacy risk that is likely to be struck down as unconstitutional by the Supreme Court, should it survive in its current form.
And in a follow-up post, he writes:
On encryption, Anandasangaree said the bill “was never meant to breach encryption” and promised to “clarify it in the Bill”. Language clarification is welcome but structural problems remain. The safeguards in Bill C-22 at ss. 5(5) and 7(5), which state that a provider is not required to comply if compliance would create a systemic vulnerability, are incompatible with s. 12, which unconditionally requires compliance with orders, and with s. 13, which specifies that orders prevail over regulations when inconsistencies arise. The term “systemic vulnerability” is not defined in the statute, and the Governor in Council has the power to make regulations “respecting the meaning of any term or expression for the purposes of this Act”. None of this is fixed by promising clearer language. It is fixed by the kind of amendment the Privacy Commissioner proposed this week, namely adopting Australia’s definition, which expressly covers actions that render encryption less effective, together with an explicit prohibition on regulations or orders that require the introduction of, or prevent the rectification of, a systemic vulnerability.
Moreover, Anandasangaree’s defence of the bill’s privacy implications was a deflection rather than an answer, as he tried to turn the attention to the privacy practices in the private sector, stating, “I drive a vehicle where every single point that I drive to is tracked. And that data is not with me.” Commercial data practices are indeed a real concern and Canada needs stronger laws to address them. However, the bill’s surveillance map of every Canadian is not justified by pointing to the absence of meaningful constraints on data collection and to the failure of his own government to address long-overdue private-sector privacy reform.
That brings the press conference back to the Privacy Commissioner. Asked directly whether he would accept Commissioner Philippe Dufresne’s amendments, the Minister said he would “be looking at” them and “looking to see what he has to offer”. Dufresne tabled eight concrete amendments at committee on Tuesday: narrowing subscriber information to a closed list (name, address, telephone number, IP address), restricting who can be compelled to telecommunications service providers, defining “publicly available information” to exclude information in which a person has a reasonable expectation of privacy, an overarching requirement that SAAIA obligations be necessary and proportionate, an Australian-style amendment to “systemic vulnerability”, an explicit prohibition on orders requiring vulnerability introduction or preventing rectification, an exemption to the SAAIA’s confidentiality rules to allow disclosure to regulatory bodies such as the OPC, and allowing his office to investigate if data breaches result from application of the new powers. Anandasangaree’s comments, coming a day after the Dufresne’s committee appearance, noted that “we have until like five o’clock today” for amendments. That window does not leave room to seriously consider the Commissioner’s recommendations. The “I will be looking at” claim, delivered hours before the deadline, amounted to a rejection of the recommendations.
May 28, 2026
“Any corporate or Amazon CFO could find 3% (to cut) in Federal budget on a Tuesday afternoon”
Tim Worstall points out the difference between what Jeff Bezos said about cutting government spending and what Elon’s hired guns were able to achieve with DOGE:
“Jeff Bezos' iconic laugh” by Steve Jurvetson is licensed under CC BY 2.0 .
So online we find:
Jeff Bezos: “Any corporate or Amazon CFO could find 3% (to cut) in Federal budget on a Tuesday afternoon” to fund zero taxes for bottom half/poor.
And we also find the obvious rebuttal from Derek Thompson:
cmon man, this is not sophisticated stuff from bezos
Elon sent all the 22yo genius into the govt for several months and they only cut federal spending by 0.01%
this idea that it’s trivially easy to cut govt spending is one of the oldest tropes in the genre of ‘business guy talks about washington without having any knowledge of the budget’
Clearly, there’s a certain difference in those two views.
The difference explained by the fact that they’re talking about two different things. Thompson is talking about “If we assume that govt continues to do what govt does, in largely the same way, then how much is actual waste?” While Bezos is talking about “What is it we shouldn’t be doing and so cut that shit?”. If you ask a different question then of course you’re going to get a different answer.
Now, I am emotionally attached to that second set of question and answer because that’s me. But I do acknowledge that politics doesn’t, in fact, work that way. A corporate CEO does have the power to just go “Nope. G’bye” in a way that someone in a politial system does not. Which is what largely describes the difference in both Q and A.
The full interview is here at CNBC:
And so really it’s a skills issue. You want to say any corporate CEO, CFO worth their salt, an Amazon CFO could find 3 percent in the federal budget on a Tuesday afternoon. This is, there is, there is so much waste in government spending.
I take this to be obviously true. Not, perhaps, in the way Elon was trying to do it — seek the inefficiency in the current structures. But in what is being done and how. For example, from Bezos:
They spend $44,000 per student, $44,000. That’s 30 percent more per student than other big cities like Chicago, L.A., and Boston. And it’s three times more than Miami and Houston. And by the way, New York City doesn’t get better outcomes.
…
SORKIN: But there’s also a question about, you know, there’s teachers unions in New York, for example.
BEZOS: None of this money is getting to the teachers. I promise you, if you’re, if you’re charging $44,000 per student, how much is that money you think is trickling down to teachers? Not much.
In a private sector corporation the CEO can indeed just say fuck that shit — fire the power skirts and Hang the Lanyards. This is something a political system finds very difficult indeed. Thus the different Q and A.
May 27, 2026
Tim Hortons now pretends they’re going to stop abusing the TFW program, maybe
There are few Canadian companies who’ve done more to trash their own reputation than Tim Hortons over the last decade or so. What used to be everyone’s coffee chain of choice, through breathtaking abuse of the Temporary Foreign Worker scheme and other shady employment practices, has now become one of the most detested companies in the land. Everyone I’ve talked to seems to have their own Tim Hortons anecdotes, and none of them are complimentary to the firm or its largely non-Canadian workforce. Last week, Dunkin’ Donuts announced that they would be re-entering the Canadian market and suddenly Tim Hortons claims they’ll be hiring a whole bunch of Canadian workers to staff their restaurants:
If you believe yesterday’s announcement that Tim Hortons plans to dial back its use (and clear abuse) of the Temporary Foreign Worker Programme (TFWP) to hire “10,000 people locally” out of the goodness of its heart, I have a below-sea-level basement apartment to sell you in Richmond, B.C.’s peat-based Delta soil.
Let’s start with the obvious: If those 10,000 positions suddenly exist now, they never should have been outsourced to begin with. And yet, Tim Hortons spent the better part of a decade lobbying the Canadian federal government to increase and maintain workforce percentage caps that directly impacted thousands of positions, and influenced the entirety of the Canadian labour market.
Rather than ever lobbying for a specific number of individuals (because, again, they didn’t have an actual need when the market was showing a perpetual 20+ percent youth unemployment rate), Tim Hortons and its parent company, Restaurant Brands International Inc., instead lobbied to manipulate the overall percentage (or cap) of TFWs allowed per restaurant. During supposed “pandemic-era shortages”, they successfully massaged wilful dupes in government to increase that cap, allowing up to 30 percent of a restaurant’s workforce to consist of TFWs.
When the federal government finally cut the cap back down to 10 percent to curb immigration numbers, Tim Hortons heavily lobbied through 2024 and late 2025 to raise the limit back to 20 percent or 30 percent. Up until yesterday, they argued that rural and remote franchises continued to face severe labour shortages.
What they actually face is competition from Dunkin’ Donuts, with the popular American coffee chain set to break ground on its first Canadian locations in 2026, under a plan to aggressively expand to 600-700 locations nationwide.
If one were to charitably take Tim’s sudden shift in labour strategy at face value, this framing of yesterday’s announcement from the Globe and Mail might be enough to let bygones be bygones.
Tim Hortons was one of the biggest proponents of the TFWP, a controversial immigration stream that expanded in popularity during the pandemic and came to symbolise some of the failings of the Trudeau-era immigration strategy.
Restaurant Brands International Inc., Tim Hortons’ parent company, is also pledging to stop lobbying the federal government to expand the TFWP, citing the high youth unemployment rate.
But the devil, they say, is in the details; in this instance, in the lack thereof. That “10,000 people locally” includes foreign students, and TFWs already in the country, with both groups still on active and expired permits in the millions.
And that’s just the start: graduates on Post-Graduation Work Permits (PGWP), and individuals under the International Mobility Program (IMP) do not require a Labour Market Impact Assessment (LMIA). Meaning a single restaurant could be staffed almost 100% by temporary visa holders, but if those employees are international students or PGWP holders, Tim’s corporate metrics classify them as “local hires”, not TFWs.
That also means Tim’s supposed “cap” on TFWs was never an inherently honest number.
Corporate cynicism is nothing new, but Tim Hortons’ hiring practices have effectively replaced tens of thousands of part time jobs for Canadian teens with full- and part-time jobs for foreign students, temporary foreign workers, asylum seekers, illegal immigrants, visa-overstayers, and any other kind of cheap and exploitable employee who can be depended upon to meekly accept whatever working conditions are on offer with minimal chance of anyone appealing to health inspectors or federal regulators. Very convenient for Tim Hortons and their franchisees. Not very Canadian, but very convenient.
Update: Perhaps another reason that Tim Hortons is backing away from the TFW designation is that the government has given them an even easier way to hire foreign workers:
Mark Carney is lying to you.
In the first 90 days of 2026, Canada issued 292,855 work permits, smashing the full-year target of 220k–230k.
247,895 under IMP (International Mobility Program)
44,960 under TFWP
Why employers love the IMP:
It’s a much cheaper, faster, and easier alternative to the TFWP.
Key Financial & Practical Benefits of IMP (vs TFWP):
No LMIA required → Saves $770+ per worker (no $1,000 LMIA fee)
No mandatory job advertising to Canadians
Much faster processing (weeks vs months)
Lower compliance costs — only $230 employer fee
Fewer obligations around housing, wages, and recruitmentMore flexible permits for workers (easier to retain staff)
This is exactly why companies like Tim Hortons and many in hospitality/retail have shifted heavily to IMP workers. It’s faster, cheaper, and bypasses most of the strict labour market tests required under the TFWP.
That would seem to explain Tim Hortons’ sudden change of heart rather more than the risk of increased competition by a revived Dunkin’ Donuts expansion.
QotD: “Bring your whole self to work”
My “favourite” stupid workplace idea is “bring your whole self to work”. Only someone who does not understand how teams work would suggest such a toxically dumb idea.
Organisations and institutions are formalised teams. Due to past ruthless selection — see the Neolithic y-chromosome bottleneck — the male expression of Homo sapien genes is much better at teams than is the female expression of the same. This does turn out to matter.
We have spent centuries, millennia, dealing with the bad traits of men in power. We better start wrestling seriously and quickly with the bad traits of women in power, or we could end up with a cascading collapse of complex systems (see the LA fires for an example). We are already seeing some serious institutional degradation.
But if we remain stuck in “if you criticise men, it’s feminism; if you criticise women, it’s misogyny”, we have a potentially terminal problem.
Lorenzo Warby, Substack Notes, 2026-02-21.
May 22, 2026
“Re-shoring” manufacturing isn’t the answer
On Substack, Tim Worstall uses the examples of Apple and Foxconn to illustrate that most of the value generated isn’t in the manufacturing side of the equation:

Yes, I know Apple is up to the iPhone 17 now, but it’s still as true about (some) iPhone addicts now as it was then.
Apple’s market capitalisation — the contribution to human wealth of the firm — is 4.3 trillion of those American dollars. That of Hon Hai Precision — most of us will know that better as “Foxconn”- is $3.1 trillion $. But those are the fun, New Taiwanese, dollars, which equals some $113 billion US dollars. Given the imprecision of what follows let us round those to $4 tr and $100b. Apple is worth 40 times Foxconn.
Now it’s not wholly true that Apple manufactures nothing. I think they — more so they say they do so than anything else — make some of the Macs themselves. And perhaps some number of their processing chips but I think even that is outsourced to other foundries, isn’t it? It’s also true that Apple uses more than one manufacturing company — Pegatron is a name I’ve heard around.
It’s also not true that Foxconn only works for Apple. It takes on that manufacturing and assembly work from a number of companies. Which is where my imprecision comes in, for I’m — just to make the example — going to assume that Foxconn does all and only Apple’s manufacturing, Apple does no manufacturing and sends it all to Foxconn. Those are incorrect assumptions but they’re good enough for this jazz hands of an argument.
So, designing stuff then selling it produces 40x the capital value of manufacturing it. We also know that Apple runs at 40% net margins and Foxconn most certainly does not. My numbers are a little out of date but it’s not all that long ago that the cost to assemble — ie, “manufacture” — an iPhone was perhaps $10.
We have pretty clear evidence that the place to make money in the global economy is sitting in an office and thinking therefore. Not out there bashing metal. So, why is it that so many say that the UK — and the US — must reshore all that manufacturing so as to get rich?
One explanation is as with that of the Physiocrats. French economists — and therefore wrong, they’re French — back in the old days who insisted that only growing food was real wealth production. They were musing over their brioche rather before anyone really manufactured anything — rather than artisaned — true but they have, of course, been proven wholly wrong. They might well have been about right for the centuries before them but were wrong by the time they wrote it all down.
We can extend the analogy to today. Yes, it has been true for much of the past couple of centuries that lots of manufacturing is what makes a place rich. Now, as with Apple and Foxconn this ain’t so. But some are still stuck in that old way of thinking.
Could be.
We can approach the same point from another direction. Actual manufacturing is something that is, these days, done by poor people in other countries. Why assume that if we did it it would make us rich?
May 21, 2026
Explaining why more men are “opting out”
On Substack, Bettina Arndt shows some of the reasons why men are less and less willing to commit — not just to relationships, but to huge swathes of what we used to call “adult life”:
The warning signs have been there for decades. Back in 1983, American author Barbara Ehrenreich wrote a powerful book — The Hearts of Men: American Dreams and the Flight from Commitment — arguing that a male revolt was underway. Since the 1950s, she suggested, men had begun rebelling against the breadwinner ethic — inspired by Playboy culture, the counterculture, and a desire for personal freedom. They were rejecting the cultural ideology that had shamed them into tying the knot and becoming a good provider, lest they be seen as immature, irresponsible, and less than a real man.
Ehrenreich understood that marriage was the mechanism by which society harnessed male productivity. Remove the shame, and the yoke comes off.
Forty years on, the yoke has disappeared. In April 2026, the American male labour force participation rate hit its lowest level since records began in the 1940s, according to the US Bureau of Labor Statistics. One in three American men — roughly 33% — were not working or actively looking for work. The overall male participation rate for men aged 16 and over stood at just 67%, down from 73.5% two decades ago and from 87% in the postwar years when Ehrenreich’s story begins.
The trend is not confined to America. Australian men’s workforce participation has fallen from around 79% in 1978 to approximately 71% today (see below), while similar declines — though less dramatic than in the United States — have occurred in the UK and Canada.
[…]
If you want to understand why men are voting with their feet, you need to look not just at what marriage now costs them — and the costs are severe — but at what it delivers. Increasingly, what it delivers is a pretty dud deal.
The modern woman: a prospectus.
- They are the most miserable, anxious, and insecure cohort in living memory — hardly great marriage material.
- Most married women go off sex — and the husband who objects is seen as the problem.
- Many women don’t actually like men very much. The more educated she is, the higher the contempt.
- They’ve gone full throttle left — and three quarters of college-educated women won’t even date a man who votes differently.
- They’ve rigged the education system and colonised corporate and institutional life, turning universities and workplaces into man-repellent factories.
- Yet their hypergamy (desire to marry up) is still running hot. Despite outnumbering men in education and careers, they demand a tall, equally high-status unicorn.
- The modern female threat-detection system is hyperactive. Almost any male behaviour — silence, opinions, jokes, breathing — gets flagged as a red flag.
- They’re extremely well-versed in the lucrative economics of divorce, including a well-timed false allegation to eliminate tedious shared parenting.
What rational man reads this list and thinks: yes, that’s exactly what’s been missing from my life?
May 20, 2026
QotD: “Gilded Age” Robber Barons didn’t have access to what even working-class Americans have now
Where Marx really went wrong was — and I know this sounds flip, but I’m as serious as cancer — being born in 1818. He lived his entire miserable life in a world where “labor” really was a physical thing. The richest robber baron of the Gilded Age lived a far different life, materially, than the poorest serf-in-all-but-name working in his factories …
… but the robber baron knew he needed the serfs. Their relationship was purely dialectical. Without his factory hands, no robber baron. And in a strange but very real way, the higher up the food chain your Gilded Age robber baron went, the more he was dependent on his serfs for his lifestyle. J.P. Morgan is usually credited as being the first guy to become a Robber Baron purely through finance. Carnegie, Rockefeller, all those guys had most of their wealth in financial instruments, of course, but those financial instruments rested on control of a physical product — Carnegie Steel, Standard Oil.
I’m probably being unfair to Jay Cooke, the Michael Milken of his day, but since more people have heard of J.P. Morgan let’s roll with it. Even though Morgan’s wealth was entirely on paper — he was nothing but a securities trader — his lifestyle utterly depended on a battalion of servants. In a very real way, you yourself, right now, live much better than J.P. Morgan did in his heyday. And not just because you have aspirin, antibiotics, and air conditioning, three taken-for-granted things ol’ J.P. would’ve given half his kingdom for. But because you have more time. If you’re hungry, you can open the fridge or the microwave and have all the food you need in a matter of minutes.
J.P. couldn’t. J.P. had to deploy an army of servants every time he wanted a snack, and those servants were constrained by things like “availability of ice” and “when is the fishmonger at his stall”. You’re hungry at 2am, you jump in your car and get some Taco Bell. It takes ten minutes. J.P.’s hungry at 2am and it’s tough titty, J.P., your ass is going hungry. Because even though you’re the richest man in the world and have legions of manservants at your beck and call, Taco Bell just isn’t there. Even if someone had had the brilliant idea to create a Gilded Age Taco Bell, it still would’ve taken hours:
Wake up the manservant. Wake up the groom and stableboy. Hell, wake up the horse, then saddle the horse, ride to the drive thru window … which in this case means “the house of the guy who runs Gilded Age Taco Bell”. At which point he has to fire up the oven, start pounding the tortillas, send his own legion of valets and stableboys and whatnot out to get the refried beans …
And that’s the other thing, J.P. — you’d best not pull that shit too often, because those people know where you live. Not only do they know where you live, they live with you. Literally under the same roof. You want to sleep easy? You’d best not beat the servants too often, buddy.
There’s only so much “class consciousness” one can develop in that world. Oh yeah, J.P. thought of himself as one of the Masters of the Universe, there’s no denying that. But J.P. lived in what was still a brutally physical world, in a way we PoMo people really can’t grasp. If you can’t imagine what it would take to get some Gilded Age Taco Bell, maybe geography will do the trick. Ever seen Gangs of New York? Even if you haven’t, you’ve probably heard the name “Five Points”. The worst slum in America in the 19th century, and 19th century American slums were world class …
That was right down the street from Wall Street. Literally. I am not in any way joking, and if I’m exaggerating a little for effect when I say “J.P. could’ve hit Five Points with a five iron from his swanky digs on Central Park West”, I promise you I’m not exaggerating much. You can look it up for yourself. The main reason the Union rushed troops straight from the Gettysburg battlefield, and no-shit shelled parts of the city with gunboats, during the Draft Riots was because Five Points (et al) was right fucking there, and they might’ve gotten it into their heads to lynch a few Masters of the Universe. Rich man’s war, poor man’s fight, right? Let’s see how you like it, you bankster bastards …
The PoMo “information economy” removes all that. The other day I joked about colleges like Bennington and Goucher. I cracked some jokes, yeah, but I wasn’t really joking. Those places aren’t for us. Wall Street is still a physical location, but it might as well be on the dark side of the moon for all any of us have access to it. J.P. couldn’t beat the servants too hard, or too often. The modern equivalent of J.P. isn’t even aware that he has servants. He just clicks on a website, and stuff appears at his door. Like magic. Hell, it IS magic for all he knows, and he surely doesn’t care, because all that shit is his by right. He went to Bennington, after all. He has achieved full class consciousness.
All of which suggests, of course, that while Marx was wrong about the end state — the State will not, in fact, wither away — he might well have been right about the solution to the “contradictions of capitalism”, if you follow me. And if that makes me some kind of godless pinko Commie subversive, well … I’ve been called worse by better.
Anybody got the lyrics to La Marseillaise in English?
Severian, “On Losing the Cold War”, Founding Questions, 2022-07-02.
Update, 21 May: Welcome, Instapundit readers! Have a look around at some of my other posts you may find of interest. I send out a daily summary of posts here through my Substack – https://substack.com/@nicholasrusson that you can subscribe to if you’d like to be informed of new posts in the future.
















