The simple, powerful truth that banishes racist prejudice is this: the individual is not the mass. Statistical distributions do not predict the traits of individuals. It’s OK to acknowledge that (for example) Ashkenazic Jews average significantly brighter than gentile whites, because the difference in the means of those bell curves tells us nothing about where any single Jew or gentile falls on them.
We can – we must, in fact – learn to judge individuals as individuals, not as members of racial or other ascriptive groups. This has always been the right thing to do; as knowledge about genetic group differences becomes more detailed and widespread, we will need to learn how to focus rigorously on individuals with the same discipline (and the same justified fear of failure) that we now apply to averting our eyes from genetic group differences.
Part of the reason this evolution won’t be easy is that so much of our politics has been distorted by racial grievance-mongering. It’s not only the obvious bad guys like neo-Nazis, Black separatists like Louis Farrakhan, and Bharatiya Janata who are invested in racialist categorization as a lever to power. The political Left has fallen into a lazy habit of screaming “racist!” at anyone who disagrees with them, won’t readily relinquish that rhetorical club, and have a lot invested in the present system of taboo, resentment, “disparate impact” legislation, and racial identity politics; expect them, too, to be part of the problem rather than part of the solution.
Still, the right strategy is clear. Actual knowledge makes both prejudice and repression unsustainable. “Know thyself!” said the oracle, and behavioral genetics will allow – actually, force us – to know ourselves in ways we never have before. That way lies the pain of revelation, but also the path of redemption.
Eric S. Raymond, “A Specter is Haunting Genetics”, Armed and Dangerous, 2010-06-19.
January 29, 2021
QotD: Banishing racism
January 28, 2021
GameStop in a very different kind of game
In the NP Platformed newsletter, Colby Cosh looks at the fascinating gyrations of GameStop’s share price in the grip of an unexpected group of players in the market:
“GameStop” by JeepersMedia is licensed under CC BY 2.0
GameStop has long been seen by institutional investors as following down the road of Blockbuster Video: it’s a bricks-and-mortar retailer whose main product is downloadable from your sofa. For that reason, it is heavily shorted by professional funds who normally eschew short-selling, which does have the risky feature of potentially infinite negative downside.
Enter Reddit, the website for special-interest user forums of all kinds. A Reddit “Wall Street bets” board uncovered evidence in regulatory filings that some hedge funds had legitimately dangerous large short positions representing bets against GameStop’s flaccid share price. A few hobby investors began to buy GameStop out of a sense of adventure and perhaps nostalgic loyalty. More importantly, they began to preach the gospel to others.
This is explicit “market manipulation,” but done in the open; it is surely as legal as any other conversation. GameStop’s price (NYSE symbol: GME) surged upward as word spread amongst day traders and other amateur investors. And as the random-looking rise in price got noticed, the whole scheme, itself rather reminiscent of a video game, went viral.
As of Jan. 12, GME was below $20, which is about where most analysts thought it belonged on merit, or lack thereof. The price as I type this particular sentence is $328.81. The backs of some funds with heavy short positions have been broken.
High finance seems somewhat terrified, as amateur investing websites — ones pioneered by the financial industry itself — begin to throw roadblocks in front of late-arriving GME buyers. For itself, Wall Street will invest billions replacing copper wire with fiber optics to gain microsecond arbitrage advantages in the market; for you and I, the good old portfolio can get conveniently 404ed for an afternoon.
This suggests that Wall Street may not have reckoned with the full possibilities of a world of proletarian shareholders. The stock market has proverbially been a playground of “animal spirits” since long before John Maynard Keynes used that phrase in 1936. What happens to an ecosystem when new animals show up? One can surely count on at least a minimum of chaos; maybe the surprise is that it took so long to take this game-like, combative form.
The economic impact of a US national minimum wage of $15 per hour
I missed this post by Warren Meyer last week, but it’s still very topical:
I have talked a lot about the negative effects of higher minimum wages on low-skill workers. Two good example background posts are here and here. I covered how a broad range of labor regulation hurts unskilled workers in a cover story for Regulation magazine a few years back. Unfortunately, in a country where the average American buys about $1000 in lottery tickets each year, the willingness to believe we can get something for nothing is strong.
But I want to talk specifically about a Federal minimum wage increase, where one other problem emerges. The best way to state this is — how can one possibly set the same minimum wage for San Francisco at the same rate as one does for rural Mississippi? Here is one source for comparative state cost of living. Doing this by county would make the curve even wider.
Cost of living in Hawaii is more than 2x that of Mississippi. CA and NY are not far behind. A minimum wage that might comfortably be accommodated in San Francisco (and note even there the rise to $15 was ending service jobs in that city long before COVID), would be an economic disaster for rural Alabama. I don’t tend to think primarily along racial lines as seems to be the case on the Left today, but basically this is a policy driven by rich white tech guys in San Francisco that is going to devastate the employment prospects of rural blacks.
Whatever one’s misgivings about minimum wages, it is certainly true that allowing states to take the lead on setting minimum wages (counties would make even more sense) makes a lot more sense that trying to take action at the national level. Even with state action there are disparities.
January 26, 2021
The brief and inglorious life of Penn Central
In City Journal, Nicole Gelinas recounts the tale of the fateful merger of two great American railroad systems that lasted just long enough to support massive financial chicanery before descending into inevitable bankruptcy:
More than 50 years on now, the spectacular collapse of the Penn Central railroad in 1970 is little remembered today, but its legacy is still with us — not so much as a warning, but as a prelude: to New York City’s own near-bankruptcy in the 1970s; to four decades of financial engineering, beginning in the 1980s; to the 2001 Enron downfall; to the 2008 financial crisis and its “too big to fail” bailouts — and yes, even to the public discontent that elected President Donald Trump.
As America emerged from World War II, most people would have laughed at the idea of the nation’s two premier freight and passenger railroads, the Pennsylvania and the New York Central, going broke in a quarter-century’s time. By design, the Pennsy and the Central were not fierce competitors but complementary “frenemies” that had long agreed not to undercut one another’s monopoly profits. From Massachusetts to Missouri, the two railroads dominated freight and passenger travel in the northeast quarter of the United States, with nearly 21,000 miles of track between them.
Yet even as America built its powerhouse postwar economy, the railroads struggled. As Joseph R. Daughen and Peter Binzen write in The Wreck of the Penn Central, their cult-classic chronicle of the Penn Central’s demise, during the war the then-separate railroads had been running their equipment 24 hours a day to transport troops and supplies, leaving them with “worn-out” equipment.
In the fifties and sixties, moreover, new competitive pressures prevented them from catching their breath. Trucks competed with the railroads for freight hauling via the new, free highways the nation was building. Commuter-rail passengers moved to the highways as well, while long-haul rail passengers took to the skies. The railroads’ decline accelerated in the sixties, partly because of the collapse of northeast manufacturing.
In 1962, the two companies decided to merge. But railroading was one of the most heavily regulated industries in the United States, so the merger took six years, as it wound its way through multiple levels of public approval for the creation of the 100,000-worker, 100,000-shareholder, 100,000-creditor behemoth. Meantime, government-set rates already fell short of the railroads’ long-term costs.
The combined entity that would become the Penn Central made significant concessions to win political support for the merger, including no-layoff pledges that would hamper its ability to cut spending and a promise to take on the independent (and chronically insolvent) New York, New Haven, and Hartford passenger railroad.
After the merger, the railroads discovered that they had incompatible computer systems, which threw railyards into chaos and angered customers. The Penn Central’s three top officials, too, were incompatible. They “scarcely spoke to one another,” write Daughen and Binzen. Stuart Saunders, the board chairman, was a political guy. Alfred Perlman, the president, was a trains guy. These different outlooks could have complemented each other, but personalities got in the way. Rounding out this dysfunctional triumvirate was Penn vet David Bevan, the top financial official, perpetually “angry and humiliated” at not being picked for the top job.
Penn Central route map from us.leforum.eu
http://us.leforum.eu/t1355-Photos-du-Penn-Central-PC.htm
H/T to Ed Driscoll at Instapundit, who also posted this video the combined entity put together to celebrate the merger:
January 24, 2021
The Formalization of Extermination – The Wannsee Conference – WW2 – 126 – January 23, 1942
World War Two
Published 23 Jan 2021Nazi Germany’s “Holocaust by Bullets” has already claimed over a million lives over the past 8 months; this week German authorities hold a conference to streamline and systematize the process of extermination. Gas will now be the preferred method of murder. The Japanese are murdering Allied soldiers that fall into their hands as they advance ever closer to Singapore. The Soviet offensive continues along the entire Eastern Front, but the orders and objectives grow ever more confusing and chaotic. In North Africa, Erwin Rommel launches a surprise offensive against the Allies and make a lightning advance the final two days of the week.
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Between 2 Wars: https://www.youtube.com/playlist?list…
Source list: http://bit.ly/WW2sourcesWritten and Hosted by: Indy Neidell
Director: Astrid Deinhard
Producers: Astrid Deinhard and Spartacus Olsson
Executive Producers: Astrid Deinhard, Indy Neidell, Spartacus Olsson, Bodo Rittenauer
Creative Producer: Maria Kyhle
Post-Production Director: Wieke Kapteijns
Research by: Indy Neidell
Edited by: Iryna Dulka
Sound design: Marek Kamiński
Map animations: Eastory (https://www.youtube.com/c/eastory)Colorizations by:
– Norman Stewart – https://oldtimesincolor.blogspot.com/
– Mikołaj Uchman
– Jaris Almazani (Artistic Man) – https://instagram.com/artistic.man
– Adrien Fillon – https://www.instagram.com/adrien.colo…Sources:
– IWM SE 4819
– Mil.ru
– Bundesarchiv
– ammo by Nociconist, Fruits by Icongeek26, Oil Tank by Mangsaabguru, from the Noun Project
– JoJan from Wikimedia Commons
– Yad Vashem 1427_85, 2CO1, 4613_360Soundtracks from the Epidemic Sound:
– Rannar Sillard – “Easy Target”
– Flouw – “A Far Cry”
– Fabien Tell – “Weapon of Choice”
– Reynard Seidel – “Rush of Blood”
– Edward Karl Hanson – “Spellbound”
– Johan Hynynen – “Dark Beginning”
– Johannes Bornlöf – “The Inspector 4”
– Gunnar Johnsen – “Not Safe Yet”
– Rannar Sillard – “Split Decision”
– Howard Harper-Barnes – “London”
– Christian Andersen – “Barrel”
– Cobby Costa – “From the Past”Archive by Screenocean/Reuters https://www.screenocean.com.
A TimeGhost chronological documentary produced by OnLion Entertainment GmbH.
The Great Wine Blight
The History Guy: History Deserves to Be Remembered
Published 9 Sep 2020In the 19th century, the Great Wine Blight threatened the very existence of grapes. But the pestilence brought into Europe by American vines was eradicated by the use of those very same vines. The History Guy recalls how American indigenous vines saved the wine industry, and how you can help to preserve its future.
This is original content based on research by The History Guy. Images in the Public Domain are carefully selected and provide illustration. As very few images of the actual event are available in the Public Domain, images of similar objects and events are used for illustration.
Special thanks to Stone Hill Winery, Hermann, Missouri:
https://stonehillwinery.comYou can purchase the bow tie worn in this episode at The Tie Bar:
All events are portrayed in historical context and for educational purposes. No images or content are primarily intended to shock and disgust. Those who do not learn from history are doomed to repeat it. Non censuram.
Find The History Guy at:
Patreon: https://www.patreon.com/TheHistoryGuyThe History Guy: History Deserves to Be Remembered is the place to find short snippets of forgotten history from five to fifteen minutes long. If you like history too, this is the channel for you.
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Script by CDH
#history #thehistoryguy #wine
January 23, 2021
How .22LR Ammo is Made
Lucky Gunner Ammo
Published 16 Apr 2020We were offered a rare glimpse into Federal’s rimfire plant in Anoka, MN to watch how .22 LR ammunition is made. We all know the basic components involved — each cartridge consists of a case with primer, propellant, and a bullet. Watching them all come together on a massive scale with a choreographed dance of modern automated machinery is a surprisingly gratifying experience.
Special thanks to our friends at Federal Ammunition and Vista Outdoor for the invitation!
Support our channel. Buy ammo from Lucky Gunner!
January 22, 2021
Shooting the M3A1 Grease Gun
Forgotten Weapons
Published 9 Mar 2018The M3 (and its followup improved M3A1 model) was the United States’ answer to the high cost and manufacturing complexity of the Thompson submachine gun. The M3 “Grease Gun” (because really, that is what it looks like) was a very inexpensive weapon with a stamped and welded receiver and only a few milled parts. It also had the slowest rate of fire of any World War 2 submachine gun at about 450 rounds/minute. Its weight, compactness, and controllability made it almost universally preferred over the Thompson, at least by soldiers who had to carry and fight with either of them.
The Grease Gun is reputedly extremely controllable because of its low rate of fire, but this is my first time to actually try shooting one. Will it live up to that reputation?
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January 21, 2021
Fallen Flag — the New York Central System (part 2)
The New York Central System was the largest of the eastern trunk systems from the standpoint of mileage and second only to the Pennsylvania in revenue. It served most of the industrial part of the country, and its freight tonnage was exceeded only by the coal-carrying railroads. In addition it was a major passenger railroad, with perhaps two-thirds the number of passengers as the Pennsylvania, but NYC’s average passenger traveled one-third again as far as Pennsy’s. NYC did not share as fully in the post-World War II prosperity because of rising labor costs, material costs, and an expensive improvement program, especially for passenger service.
During 1946–47 Chesapeake & Ohio purchased a block of NYC stock, becoming the road’s largest stockholder. Robert R. Young gained control of the Central and became its chairman in 1954 as part of a maneuver to merge it with C&O. One of his first acts was to put Alfred E. Perlman in charge of the NYC.
Under Perlman NYC slimmed its physical plant, reducing long stretches of four-track line to two tracks under centralized traffic control, and developed an aggressive freight marketing department. At the same time NYC’s passenger operations were de-emphasized. On December 3, 1967, just before NYC and Pennsy merged, the Central reduced its passenger service to a skeleton, combining its New York–Chicago, New York–Detroit, New York–Toronto, and Boston–Chicago services into a single train and dropping all train names (including that of the legendary 20th Century Limited) except for, curiously, that of the Chicago–Cincinnati James Whitcomb Riley.
The Central’s archrival was the Pennsylvania Railroad. West of Buffalo and Pittsburgh the two systems duplicated each other at almost every major point; east of those cities the two hardly touched. Both had physical plant not being used to capacity (NYC was in better shape); both had a heavy passenger business; neither was earning much money. In 1957 NYC and Pennsy announced merger talks.
The initial industry reaction was utter surprise. Every merger proposal for decades had tried to balance the Central against the Pennsy and create two, three, or four more-or-less-equal systems in the east. Traditionally PRR had been allied with Norfolk & Western and Wabash; NYC with Baltimore & Ohio, Reading, and maybe the Lackawanna; and everyone else swept up with Erie and Nickel Plate. Tradition also favored end-to-end mergers rather than those of parallel roads.
Planning and justifying the merger took nearly ten years, during which time the eastern railroad scene changed radically, in large measure because of the impending merger of NYC and PRR: Erie merged with Lackawanna, C&O acquired control of B&O, and N&W took in Virginian, Wabash, Nickel Plate, Pittsburgh & West Virginia, and Akron, Canton & Youngstown.
Tradition aside, though, the New York Central and the Pennsylvania merged on Feb. 1, 1968 to form Penn Central.
Pages 1-2 from the July 1962 publicity booklet produced by the Penn-Central Merger Information Committee to inform the public on issues concerning their proposed merger. This pages shows various statistics showing Eastern railroads in decline.
Wikimedia Commons.
January 20, 2021
QotD: Helping the homeless
I see a number of sources nowadays trying to pin these closures entirely on tight-fisted Republican governors, and I am sure this is partly true. But this misses an important element — that civil libertarians had real issues with both the conduct of these institutions (e.g. One Flew Over The Cuckoo’s Nest) and the fairness of the forced-institutionalization process. Also tied up in all this were Cold War stories of Soviet Russia using institutionalization in mental hospitals as a way to dispose of dissidents. After all, it is a short step from the totalitarian view of ideology (ie that everyone must believe, not just comply) to declaring that any deviation from the official orthodoxy constitutes mental illness.
Warren Meyer, “Why I Go Back and Forth On Issues of Forced Psychiatric Institutionalization”, Coyote Blog, 2018-09-20.
January 19, 2021
Milton Friedman’s “Shareholder Doctrine” is alive and well
Satish Bapanapalli on why Friedman’s doctrine helps to explain why auto manufacturers spend so much money to crash-test their vehicles:
Ford Focus versus Ford Explorer crash test IIHS by Brady Holt is licensed under CC BY 3.0
Of all of Friedman’s great ideas, the Shareholder Doctrine is perhaps the most misunderstood by academics, in large part because many left-leaning intellectuals use the good old straw man argument to misleadingly caricature the doctrine as a “profit-at-all-cost system regardless of human toll.”
Case in point, the latest sermon by some reputed academics published in Fortune magazine: “50 years later, Milton Friedman’s shareholder doctrine is dead.”
This one has all the usual tropes, including the claim that “Friedman … urged business to use its muscle to reduce the effectiveness of unions, blunt environmental and consumer protection measures, and defang antitrust law. He sought to reduce consideration of human concerns [such as] treat[ing] workers, consumers, and society fairly.”
Friedman said no such things. Read it for yourselves. Friedman’s primary argument was that it is not the job of the officers of a corporation (corporate executives) to fight for social causes. The officers must only act in accordance with the shareholder’s wishes, “which generally will be to make as much money as possible while conforming to the basic rules of the society, both those embodied in law and those embodied in ethical custom.”
Of course, in some cases, the shareholders may themselves encourage charitable spending and other corporate policies and activities deemed “socially responsible.” In which case, executives are tasked with finding the best ways to fulfill those objectives. In his article, Friedman clearly demonstrates why this is a logically precise position.
The scolds, who authored the Fortune article, put forth an alternative. Their “three pillars” proposal advocates for laws to be imposed on corporations with vague and fuzzy objectives (note the italicized words) such as “responsible corporate citizen[ship]”, “treating workers … fairly“, “avoiding externalities, such as carbon emissions, that cause unreasonable or disproportionate harm to others”, and corporations should make profits by “benefiting others.” To rub foolishness on the vagueness, the proposal calls for putting the onus on the corporations to measure and demonstrate progress on these fuzzy objectives! To put it in Friedman’s own words, such proposals “are notable for their analytical looseness and lack of rigor.”
M3 and M3A1 Grease Gun SMGs
Forgotten Weapons
Published 14 Apr 2017The US began looking for a cost-effective replacement for the Thompson submachine gun in 1942, and the “Grease Gun” was the result. Designed by George Hyde (a noted firearms designer at the time) and Frederick Sampson (GM/Inland chief engineer), it was a very simple and almost entirely stamped firearm. Chambered for the .45ACP cartridge, it is notable for its very low rate of fire — 350-400 rpm, which made it quite controllable and easy to shoot for relatively inexperienced troops.
The M3 was a quite reliable gun (and what problems it did have were mostly due to its single-feed magazine and not the gun itself), but a revision program was begun in April 1944. This would produce the M3A1, which further simplified the design by removing the charging handle (which had been the one mechanical trouble point of the M3 anyway) and replacing it simply with a notch in the bolt to cock the gun with a finger.
While the M3 and M3A1 were replaced in front-line service in 1957, they would remain in military inventory as armament for tank crews and truck drivers until 1992 — quite the legacy for such a crude looking weapon!
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January 17, 2021
German U-Boats to Strike New York – WW2 – 125 – January 16, 1942
World War Two
Published 16 Jan 2021Operation Pauchenslag, long-range German submarines operating just off the US Coast, kicks into action this week, as does the Japanese invasion of the Dutch East Indies. They also take Kuala Lumpur. Meanwhile, the Soviet Red Army offensive all along the Eastern Front has its first full week of action, with the Soviets making some real territorial gains in the center, though a German offensive in the Crimea catches them off guard.
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Or join The TimeGhost Army directly at: https://timeghost.tvFollow WW2 day by day on Instagram @ww2_day_by_day – https://www.instagram.com/ww2_day_by_day
Between 2 Wars: https://www.youtube.com/playlist?list…
Source list: http://bit.ly/WW2sourcesWritten and Hosted by: Indy Neidell
Director: Astrid Deinhard
Producers: Astrid Deinhard and Spartacus Olsson
Executive Producers: Astrid Deinhard, Indy Neidell, Spartacus Olsson, Bodo Rittenauer
Creative Producer: Maria Kyhle
Post-Production Director: Wieke Kapteijns
Research by: Indy Neidell
Edited by: Karolina Dołęga
Sound design: Marek Kamiński
Map animations: Eastory (https://www.youtube.com/c/eastory)Colorizations by:
– Daniel Weiss
– Spartacus Olsson
– Mikołaj UchmanSources:
– National Archives NARA
– Narodowe Archiwum Cyfrowe NAC
– Imperial War Museums: NYP 45042, A 6920, HU 90349, A 7371, C3881, E 9572, A 7376, E 9569,
– Library of Congress
– Bundesarchiv
– United States Signal Corps. source – Washington County Free Library Photo WCRH018
– FDR Presidential Library
– United States Holocaust Museum
– Yad Vashem: 4613-1055, 5138-98, 86FO2, 4220-3,Soundtracks from Epidemic Sound:
– “Remembrance” – Fabien Tell
– “Dragon King” – Jo Wandrini
– “The Unexplored” – Philip Ayers
– “Maze Heist” – Max Anson
– “London” – Howard Harper-Barnes
– “Document This 1” – Peter Sandberg
– “First Responders” – Skrya
– “The End Of The World 2” – Håkan Eriksson
– “Dark Beginning” – Johan HynynenArchive by Screenocean/Reuters https://www.screenocean.com.
A TimeGhost chronological documentary produced by OnLion Entertainment GmbH.
Las Vegas marks a significant loss
In Saturday’s NP Platformed newsletter, Colby Cosh notes the death of Siegfried Fischbacher, better known as half of the stage magic team Siegfried & Roy:
… Las Vegas, as we all know, is a special place in which ordinary moral writ and aesthetic judgment have greatly diminished force. Vegas is honouring Siegfried & Roy this week, and will recognize them forever, as city fathers. Even Penn Jillette, a fellow magician whose career has been a crusade against old-school schmaltz and glitz and other Teutonic concepts that Siegfried & Roy embraced, inscribed a small tribute to his colleague.
Siegfried & Roy were true pioneers in transforming Vegas into a full-spectrum entertainment capital. Their basic function was not to parade oppressed animals, or to do conjuring tricks. Considered as “magicians,” did they have a signature effect? Or is the truth that prop-heavy, mechanistic stage magic is just relatively easy to combine with a wildlife act that also travels poorly?
No, their mission was to extract money from the family members of degenerate gamblers and, gosh, were they good at it. When they started out at the New Frontier hotel in 1981, Las Vegas was still its postwar self — an anarchic watering hole and sybaritic paradise mostly for adult men, associated with a boozy, jocular style of entertainment that was rapidly receding in the rear-view mirror of the culture. (Siegfried & Roy were never trendy, exactly, but being unique was enough.)
Almost no one can have consciously envisioned a world in which gambling in various forms regained wide, post-Protestant social acceptance. That gambling would one day become legal everywhere at an astonishing pace would have been seen as a nuclear-grade threat to the literal existence of the city. The nightmare has arrived, but Vegas is bigger and more economically sound than ever. Siegfried & Roy helped reshape the industrial nucleus of a city you don’t even have to like gambling — or showgirls — to enjoy.
January 16, 2021
Inside the Neurotic Mind of Stonewall Jackson
Atun-Shei Films
Published 15 Jan 2021Let’s gossip about a man who’s been dead for 158 years.
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~REFERENCES~[1] Wallace Hettle. Inventing Stonewall Jackson: A Civil War Hero in History and Memory (2011). LSU Press, Page 3-9
[2] Hettle, Page 13-17
[3] Charles Royster. The Destructive War: William Tecumseh Sherman, Stonewall Jackson, and the Americans (1991). Vintage Books, Page 41-46
[4] Royster, Page 52-53
[5] Hettle, Page 20-21
[6] Royster, Page 65-67
[7] Chris Graham. “Myths and Misunderstandings: Stonewall Jackson’s Sunday School” (2017). The American Civil War Museum https://acwm.org/blog/myths-misunders…
[8] Royster, Page 63-65
[9] Royster, Page 60
[10] Royster, Page 49-51
[11] Mary Anna Jackson. Memoirs of Stonewall Jackson by his Widow, Marry Anna Jackson (1895). Prentice Press, Page 108
[12] Jackson, Page 120-121
[13] Hettle, Page 13-15
[14] Royster, Page 202
