Quotulatiousness

December 6, 2011

Guardian study finds that August rioters were motivated by Guardian editorials

Filed under: Britain, Economics, Government, Law, Media — Tags: , , , — Nicholas @ 09:16

Brendan O’Neill on the recent study, carried out by the London School of Economics and the Guardian:

Well, that’s convenient, isn’t it? A four-month Guardian/London School of Economics study into the riots that rocked English cities in August has found that the rioters were pretty much Guardian editorials made flesh. Concerned about government cuts, annoyed by unfair policing, shocked by social inequality and outraged by the MPs’ expenses scandal, it seems the young men and women who looted shops and burnt down bus stops weren’t Thatcher’s children after all — they were Rusbridger’s children, the moral offspring of those moral guardians of chattering-class liberalism.

This is a blatant case of advocacy research, of researchers finding what they wanted to find, or at least desperately hoped to find. For months now, the Guardian has been publishing articles arguing that the rioters were politically motivated, under headlines such as ‘These riots were political’ and with claims such as ‘the looting was highly political’ and the riots were a protest against ‘brutal cuts and enforced austerity measures’. And now, lo and behold, a Guardian study, Reading the Riots, has discovered that the rioters were indeed ‘rebels with a cause’, with 86 per cent of the 270 rioters interviewed claiming the violence was caused by poverty, 85 per cent arguing that policing was the big issue, and 80 per cent saying they were riled by government policies. Reading this study, we are left to marvel either at the extraordinary perspicacity of Guardian writers, or at their ability to carry out research in such a way that it confirms their own political preconceptions.

This study looks less like a cool-headed, neutral piece of sociology, and more like a semi-conscious piece of political ventriloquism, where rioters have been coaxed to mouth the political beliefs of the middle-class commentariat. This is not to say the Guardian and LSE researchers have been purposely deceitful, inventing evidence to suit a political thesis. Advocacy research is more subtle and less conscious than that. It involves a kind of inexorable pursuit of facts that fit and evidence that helps bolster a pre-existing conviction. So mental-health charities keen to garner greater press coverage always find high levels of mental illness, children’s charities that want to raise awareness about child abuse always find rising levels of child neglect, and now Guardian researchers who want to show that they’re right to fret about Lib-Con policies and outdated policing have found that these are burning issues amongst volatile English yoof, too.

Forbes: The NDAA is the “Greatest Threat to Civil Liberties”

Filed under: Government, Liberty, USA — Tags: , , , , — Nicholas @ 00:40

E.D. Kain makes the case for President Obama to veto the National Defence Authorization Act:

If Obama does one thing for the remainder of his presidency let it be a veto of the National Defense Authorization Act — a law being debated in the Senate currently which would place domestic terror investigations and interrogations into the hands of the military and which would open the door for trial-free, indefinite detention of anyone, including American citizens, so long as the government calls them terrorists.

So much for innocent until proven guilty. So much for limited government. What Americans are now facing is quite literally the end of the line. We will either uphold the freedoms baked into our Constitutional Republic, or we will scrap the entire project in the name of security as we wage, endlessly, this futile, costly, and ultimately self-defeating War on Terror.

In short, if the government says you’re a terrorist, it has the right to detain you in military prisons for as long as it likes: you have no rights as a designated “terrorist”. So much for habeas corpus.

December 5, 2011

Moral hazard invades the scientific sphere

Filed under: Economics, Government, Media, Science — Tags: , , — Nicholas @ 12:23

Bill Frezza looks at an unanticipated consequence of pouring more government money into the sciences:

Science and the scientific method are the jewels in the crown of Western civilization. The ascertainment of facts, construction of reproducible experiments, development of falsifiable theories, impartial training and meritocratic advancement of practitioners, and — most importantly — integrity of the publication process by which a well established body of truth can be confidently assembled all underpin the respect accorded to science by the citizenry. In modern times, this respect translates into tax dollars.

Unfortunately, today those tax dollars are corrupting the process. Unprecedented billions are doled out by unaccountable federal and state bureaucracies run by and for the benefit of a closed guild of practitioners. This has created a moral hazard to scientific integrity no less threatening than the moral hazard to financial integrity that recently destroyed our banking system.

According to a report in Nature Reviews Drug Discovery, nearly two-thirds of the experimental results published in peer-reviewed journals could not be reproduced in Bayer’s labs. The latest special issue of Science is devoted to the growing problem of irreproducibility. The Wall Street Journal reports that Amgen, Pfizer, and others have abandoned research programs after spending hundreds of millions pursuing academic research that could never be replicated.

H/T again to Monty for the link.

December 3, 2011

Is it time to kill the penny?

Filed under: Economics, Government, History — Tags: — Nicholas @ 11:25

December 2, 2011

Biggest general strike since 1926 becomes a “damp squib”

Filed under: Britain, Government, History, Media — Tags: , , , , , , — Nicholas @ 08:07

Some sense the evil hand of . . . Jeremy Clarkson?

It was to be the biggest strike in a generation. People were openly and unabashedly comparing Wednesday’s day of action over public sector pensions to the general strike of 1926. It was to bring Britain to a standstill. Mark a turning point in the battle against the cuts instigated by the spawns of the evil Iron Lady. Become a talking point that would strike fear into the cold heart of Cameron and pave the way to bigger, more decisive action.

Except, erm, the very next morning it had been almost completely forgotten. It barely registered as a blip on BBC Radio 4’s flagship Today programme. Newspaper coverage was on the whole sympathetic, but slight. None of the predicted chaos came to pass. Prime minister Cameron could quite safely dismiss the strike as a ‘damp squib’ and provoke few comments except from the usual suspects. People shrugged and went back to work. Far from being a Great Event like the 1926 strike that people would draw inspiration from in 85 years time, it was barely discussed. As my colleague Brendan O’Neill had anticipated, it all felt more like a ‘loud and colourful PR stunt ultimately designed to disguise the fact that, in truth, trade unions are a sad shadow of their former selves’.

Just as the PR flames were beginning to dim, however, enter Jeremy Clarkson, the cartoonish presenter of Top Gear, who sped to the rescue with a particularly naff joke about the strikers being shot in front of their families. Of course, he didn’t actually mean it. In the context of the programme, BBC1’s The One Show, his remarks were actually more a dig at the BBC: he had in fact been praising the strikers (‘London today has just been empty. Everybody stayed at home, you can whizz about… it’s also like being back in the 70s. It makes me feel at home somehow.) but then said, as it was the Beeb, he had to provide ‘balance’, making his now notorious quip: ‘Frankly, I’d have them all shot. I would take them outside and execute them in front of their families. I mean, how dare they go on strike when they have these gilt-edged pensions that are going to be guaranteed while the rest of us have to work for a living?’

Update: James Delingpole said he’s been flooded with interview requests since the strike began, largely because of the public’s reaction to the strike:

I got my answer from a chance remark made by Jeremy Vine after our interview. He was telling me about the phone-in he’d done the day before during the public sector workers’ strike and what had astonished him was the mood of the callers. If I remember what he said correctly, one of his studio guests was a nurse on a £40,000 PA salary, with a guaranteed £30,000 pension, and this had not gone down well with the mother-of-three from Northern Ireland struggling as a finance officer in the private sector on a salary of £14,000 and no pension to speak of. The callers were very much on the side of the private sector. In fact, they were on the whole absolutely apoplectic that privileged, relatively overpaid public sector workers with their gold-plated pensions should have the gall to go out on strike when the people who pay their salaries – private sector workers – have to go on slogging their guts out regardless.

[. . .]

After all, as Fraser Nelson reports, the strike itself was a massive flop. Only a minority of union members voted it for it; the turn-out was so poor that the unions felt compelled to send out hectoring letters accusing their membership of being “scabs”; the hospitals – and many schools – stayed open, Heathrow’s immigration queues actually got shorter. This was not the glorious day of action (or inaction) that the militants had hoped for. Nor did it fit into the BBC’s ongoing narrative that Osborne’s vicious cuts (what cuts, we ask) are causing such hardship and misery among the saintly frontline public sector workers who bravely rescue our cats from trees and smilingly change our bed pans that really a Labour government run by Ed Balls is the only option.

Not only were the strikes a failure in numbers terms, though, but more damagingly they were a failure in propaganda terms. As both Fraser Nelson and Jeremy Vine have noted, there really has been a shift in public mood. I remember not more than a year ago going on Vine’s show to state, somewhat provocatively that I’d rather toss my children out on the street than have them sponging off the taxpayer in the public sector, and of course the mainly left-leaning BBC audience went apoplectic. I think if I’d gone on and said the same thing today they would probably have been demanding a statue erected in my honour in Parliament Square.

November 30, 2011

Reason.tv: California vs. The Feds on medical marijuana

Filed under: Government, Health, Liberty, USA — Tags: , , , — Nicholas @ 09:32

Is “innovation” today’s buzzword equivalent of “excellence”

Filed under: Government, Technology — Tags: , , , — Nicholas @ 09:07

Stephen Gordon thinks that the term “innovation” is well on the way to being just another way of saying “corporate handout”:

The theory of economic growth includes roles for such well-defined concepts as investment, human capital, research and development, productivity, and technical progress. I don’t know where innovation fits into this. My guess would have been that innovation is another name for R&D, but apparently there’s an ineffable distinction between innovation and R&D.

There are well-known policy instruments at the government’s disposal for increasing investment in human and physical capital and for increasing R&D activities. (Their relative effectiveness is another question.) But so far, the only proposals I’ve seen for an innovation policy consist of programs in which governments give money to deserving firms. This is problematic on a couple fronts.

Firstly, there are already many — too many — ‘economic development’ programs whose purpose is to channel public money to companies that enjoy the favour of the government. It’s hard to believe we need more of them.

George Jonas: “All governments are communist”

Filed under: Cancon, Economics, Government — Tags: , , , , — Nicholas @ 08:52

George Jonas looks at how the government of Ontario managed to go a quarter of a trillion dollars into debt:

All governments are communist. Please, relax. What I mean is that all governments expect to be recompensed, not according to the value of their contributions to society, but according to their needs.

Marxist mythology defines progress as capitalism changing into socialism and socialism into communism. Under socialism, everyone contributes according to his abilities, and is compensated according to his contribution. This is an improvement over the vagaries of the market, but communist society goes further. While citizens still contribute according to their abilities, they’re compensated according to their needs.

[. . .]

In a free-market-cum-welfare-state such as Canada, people contribute to society according to their abilities, and are compensated for it at the whim of the market, minus the whim of the government, a.k.a. the taxman. Governments also contribute according to their abilities, but then compensate themselves according to their needs. Their needs vary as they aren’t equally corrupt or ambitious, though they seem equally insatiable. Premier Dalton McGuinty isn’t a communist but Ontario’s debt increased by $110-billion since his party came to power in 2003. We could have had Fidel Castro for less — well, Raoul, anyway.

A gentleman has his hand up. Yes? “Didn’t the debt go up because McGuinty kept his promise and didn’t raise taxes?” Nice try, sir, but no. He did.

November 29, 2011

Stephen Gordon: Governments should favour consumers over producers

Filed under: Cancon, Economics, Government — Tags: , — Nicholas @ 09:40

In his latest post at the Globe & Mail‘s Economy Lab, Stephen Gordon points out that governments get the entire prosperity thing wrong:

The next time a political party vows to defend the interests of the producers in a certain industry, you should ask why it isn’t choosing to defend the interests of consumers instead. Because the contribution of an industry to the public good is not its ability to provide large incomes to those who work there; it is its ability to produce things that people want to buy.

Business groups may give lip-service to the benefits of competitive markets, but their heart isn’t in it; they know that their real interests are best served by providing reduced output at high prices. And that’s exactly what we get whenever governments set policy in order to benefit producers: see, for example, our dairy industry.

The motives of producers who call for special treatment in the name of consumer protection are equally suspect. Producers are not in business for their health, and they definitely are not in it for your health. So when producers call for regulations in the name of protecting consumers, you can generally assume that the real and intended effect is to exclude potential competitors: see, for example, our dairy industry.

Megan McArdle: Barney Frank will be missed

Filed under: Economics, Government, USA — Tags: , , — Nicholas @ 09:29

Yeah, read that title again. She’s not kidding at all:

Guess which Democrat now becomes the ranking member on the financial services committee? That’s right, none other than our favorite batty aunt, Maxine Waters. The woman who, during a major hearing with the cameras on her, asked the heads of Goldman Sachs and State Street bizarre questions about how they set the limits on their consumer credit cards*. She asked Ken Lewis, the head of Bank of America, a question about “offshore loss mitigation caps” (a term of which I — and also, clearly, Ken Lewis — had never heard) that was so bizarre — and garbled — that he was flummoxed into silence; he sat there squirming like a third grader being picked on by the teacher.

When he finally got the courage to ask what she meant, it became clear that Maxine Waters had no idea what she meant; I assume she’d either taken hasty and incomplete notes when her staffers briefed her about what to ask, or had flubbed reading the question, and couldn’t bring herself to admit on C-SPAN that she hadn’t really bothered preparing for the hearing to the extent, of, say, familiarizing herself with the institutions whose heads she was grilling, or actually bothering to understand the questions she was going to ask. It was kind of hilarious, until you realized that this was her job, and that she voted on critical financial regulatory questions.

Nor is this an isolated pattern; every time I see Maxine Waters at a hearing I know that the questions are going to be bizarre, and that Congresswoman Waters will make them even stranger with garbled readings and off-topic follow-ups.

* If I actually have to tell you this, these financial institutions do not really deal with consumers, much less their credit cards. I’m not picking on you — you have an excuse. You’re not a member of the financial services committee.

European democracy is now “the preserve of right-wing populism”

Filed under: Europe, Government — Tags: , , , , — Nicholas @ 09:09

Frank Furedi on the urge to omit democracy from European government:

Over the past month, it has become clear that the European Union doesn’t simply suffer from a democratic deficit; rather, it has decided that in the current climate of crisis and uncertainty, the institutions of government must be insulated and protected from public pressure. In Brussels, and among an influential coterie of European opinion-makers, the idea that ordinary people have the capacity to self-govern is dismissed as at best a naive prejudice, and at worst a marker for right-wing populism.

As we shall see, this desire to renounce the politics of representation is by no means confined to EU technocrats. To no one’s surprise, many businesspeople and bankers also prefer the new unelected governments of Greece and Italy to regimes that are accountable to their electorates. And such elitist disdain for nations’ democratic representative institutions is also shared by sections of the left and the intelligentsia, too. So in his contribution on the crisis of democracy, Jürgen Habermas, the leading leftist German philosopher, writes off national electorates as ‘the preserve of right-wing populism’ and condemns them as ‘the caricature of national macrosubjects shutting themselves off from each other’.

Indeed, it isn’t the old-fashioned conservative detractors of the multitude who are at the forefront of the current cultural turn against democratic will-formation — no, it is liberal advocates of expert-driven technocratic rule who are now the most explicit denouncers of democracy. The current political attack on the principles of representative democracy is founded on three propositions. First it is claimed that the people cannot be trusted to support policies that are necessary for the preservation and improvement of society. Secondly, it is suggested that there is an important trade-off to be made between democracy and efficiency, and that in a time of crisis the latter must prevail over the former. And finally, anti-democratic ideologues believe that governments, especially democratic governments, have lost the capacity to deal with the key problems facing societies in today’s globalised world.

November 27, 2011

China to address the surplus of unemployable university graduates

Filed under: Bureaucracy, China, Education, Government — Tags: , — Nicholas @ 11:47

No, not the old fashioned way of “re-education”, but by reviewing the university programs and eliminating the ones that produce the largest number of graduates who cannot find jobs:

Much like the U.S., China is aiming to address a problematic demographic that has recently emerged: a generation of jobless graduates. China’s solution to that problem, however, has some in the country scratching their heads.

China’s Ministry of Education announced this week plans to phase out majors producing unemployable graduates, according to state-run media Xinhua. The government will soon start evaluating college majors by their employment rates, downsizing or cutting those studies in which less than 60% of graduates fail for two consecutive years to find work.

The move is meant to solve a problem that has surfaced as the number of China’s university educated have jumped to 8,930 people per every 100,000 in 2010, up nearly 150% from 2000, according to China’s 2010 Census. The surge of college grads, while an accomplishment for the country, has contributed to an overflow of workers whose skillsets don’t match with the needs of the export-led, manufacturing-based economy.

November 23, 2011

QotD: How the sequester is a symptom of political cowardice

Filed under: Economics, Government, Politics, Quotations, USA — Tags: , , , — Nicholas @ 09:40

Those who can do. Those who can’t form a supercommittee. Those who can’t produce a majority vote in a supercommittee sequester. Those who can’t even sequester are telling the world something profound about American inertia.

As Veronique points out [. . .], the “automatic” sequestration cuts would over the course of ten years reduce US public debt by only $153 billion. Which boils down to about a month’s worth of the current federal deficit.

Yet even slashing a pimple’s worth of borrowing out of the great oozing mountain of pustules will prove too much for Washington.

Mark Steyn, “Happy Sweet Sequester’d Days”, National Review Online, 2011-11-21

Tim Harford on credit rating agencies

Filed under: Economics, Government — Tags: — Nicholas @ 08:52

I think it’s safe to say that he’s not over-impressed with the organizations involved in doing credit risk assessments:

What are rating agencies again?

They are private companies that express opinions about the likelihood that, for example, Italy will pay the money it owes bondholders. Sometimes they express opinions about how much money people will get back if Italy defaults on its loans. One way or another they’re providing opinions about the risks that creditors face.

That’s it? Just a bunch of opinions?

Basically, yes. And there are plenty of other opinions out there from journalists and particularly from people who put cash on the line and buy and sell these bonds. But the rating agency opinions have real-world significance in a way that a bloke in the pub doesn’t. Many investment funds promise their investors that they will only hold assets with ratings above a certain level. If a rating is downgraded, those funds have to sell, even if they think the asset is a bargain. Ratings are also hard-wired into regulatory rules, with similar effect. And another thing: unlike most opinions, they’re quantified.

Quantified on a scale of 1-10?

No, quantified on a scale of D through CC+ and BBB- all the way to AAA. Or alternatively, au choix, from C through Caa2 and Ba1 to Aaa. Depending on which agency you’re looking at.

Why?

For ABSOLUTELY NO GOOD REASON.

November 22, 2011

QotD: Our Charter of “rights” and “freedoms”

On the evening of January 12, 1981, justice minister Jean Chrétien sat in front of the special parliamentary committee on the Constitution. “I am proposing that Section 1 read as follows: The Canadian Charter of Rights and Freedoms guarantees the rights and freedoms set out in it subject only to such reasonable limits prescribed by law as can be demonstrably justified in a free and democratic society,” he said.

“This will ensure that any limit on a right must be not only reasonable and prescribed by law, but must also be shown to be demonstrably justified.” Translation: “This will ensure that even though we pretend the public has rights that are fundamental to any free and democratic society, we can take them away at will, so long as we can convince a judge that such measures are justified.”

The language used by Mr. Chrétien would eventually become Section 1 of the Charter, which gives government the constitutional cover to infringe the supposedly “fundamental freedoms” that follow it. In order to figure out when such infringements are in fact justified, the Supreme Court came up with the Oakes test.

Using this two-step process, laws that violate our Charter rights must have a “pressing and substantial” objective, and the means of effecting the limit must be reasonable and proportional. The infringement has to be connected to the law’s objective; it has to be as minimal as possible; and it must balance the consequences of such a limitation, with the objective that is being sought.

Jesse Kline, “Freedom shouldn’t come with caveats, but it does”, National Post, 2011-11-22

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