Quotulatiousness

July 9, 2020

Austin Bay on how Malawi fixed a crooked election

Filed under: Africa, Government, Law — Tags: , , , — Nicholas @ 03:00

At Strategy Page, Austin Bay recounts the efforts to overturn an election that was clearly fraudulent in the small land-locked African country of Malawi:

Malawi and surrounding countries in southern Africa.
Satellite image via Google Maps.

Since he retained the title of president, Mutharika believed he controlled the guns and the courts. The protests would fade.

He learned otherwise. Malawi’s military, the Malawi Defense Force (MDF) and the Malawi Police Service, watched the country carefully, keeping order but not taking sides. The opposition appealed to Malawi’s highest court, the Constitutional Court. MDF commanders made it clear their service, as protectors of the constitution, would protect the court’s justices and respect the court’s decision.

Ignoring intimidation and enticements (Mutharika offered splendid early retirement), in February 2020, the court annulled the 2019 results as tainted and ordered new elections in June 2020 — the Fresh Presidential Election.

MDF soldiers prepared to secure the FPE’s paper ballots. In a June briefing, an MDF general told motorists to “maintain a distance of at least one kilometer between them and vehicles” carrying ballots. Enter the security zone and get a warning, but “(overtly) following the vehicles can lead to loss of lives if one is not careful.” Beware political thugs — MDF weapons prevent ballot hijacking.

Voters need protection, too. On June 22, MDF soldiers in central Malawi detained 16 men local citizens identified as intruders seeking to disrupt the vote. When police officers questioned the 16, they admitted they worked for Mutharika’s governing Democratic Progressive Party.

On June 23, opposition leader Chakwera received 60% of the vote in the untainted do-over. Mutharika got 38%. An MDF contingent immediately began protecting Chakwera.

Voting irregularities occur in mature democracies. However, election fraud does severe harm to developing nations where the disenfranchised have little or no systemic recourse and free speech is risky. Hope and nascent civil participation give way to wrath and alienation, which produce violence and destruction, not stability and economic development.

In the six decades since decolonization, election rigging by sub-Saharan Africa elites has stunted economic and social progress in nations whose people deserve far better (see Ghana). Disregard of constitutional law and violent intimidation of opposition voters by the party in power inevitably accompany election theft. Burundi and Congo are examples.

April 28, 2020

Robber Barons and the Battle of the Tunnel

Filed under: Business, Government, History, Law, Politics, Railways, USA — Tags: , , , — Nicholas @ 04:00

The History Guy: History Deserves to Be Remembered
Published 1 Feb 2019

During the gilded age ruthless businessmen fought for control of railway lines. The Albany and Susquehanna railroad was another battlefield in the “Railroad wars.” In this episode, The History Guy remembers “the Battle of the Tunnel”.

This is original content based on research by The History Guy. Images in the Public Domain are carefully selected and provide illustration. As images of actual events are sometimes not available, images of similar objects and events are used for illustration.

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.

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The 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 THG

#newyork #thehistoryguy #ushistory

March 16, 2020

University lectures developed historically due to the extremely high cost of books…

Filed under: Economics, Education, History — Tags: , , — Nicholas @ 03:00

… now that books are extremely cheap, universities should long since have adapted:

University College, University of Toronto, 31 July, 2008.
Photo by “SurlyDuff” via Wikimedia Commons.

As Brad Delong has been pointing out for years the very method of university teaching arose from a technological issue. Books were expensive. No, expensive. A scholar might amass a library of 50 volumes in a lifetime if they were assiduous at the game. Hundreds indicated an active collector spending significant sums. At which point, to educate the impecunious – students have never been known as the rich – it makes sense for education to be one person with a book reading it to a room full of others. The lecture that is.

Books are now cheap. That education method no longer needs to be.

So too with this idea of essays. Sure, it’s a good thing to be able to research, write down an argument and all these things. But that world out there has changed. Getting someone else to do it for you is now cheap. Less than the money you could earn pulling pints in the time it might take to do it. Well, -ish, -ish, around and about.

This is also all global. Changing UK law to ban the [essay] mills isn’t going to change matters a jot. Nor tittle in fact.

What needs to be changed is the method of education which leads to students being asked to produce essays unsupervised.

What’s so odd is that the educational establishment is near entirely Marxist. The state of technology determines the mode of social relations of whatever it is. OK, technology has changed, the mode of educational relations needs to change.

Essays – just as an example here – must be produced under exam conditions. Done, problem solved.

June 1, 2019

Paying taxes is only for the little people like you and me…

Filed under: Bureaucracy, Business, Cancon — Tags: , , , , — Nicholas @ 03:00

Canada’s tax-gathering bureaucracy is eager to crack down on scams that attempt to hide taxable funds from scrutiny, although they seem to be rather more vigilant when it’s some poor slob who forgets to declare a grand or two from part-time work than multi-national organizations running decades-long scams to benefit deep-pocketed clients:

The Canada Revenue Agency has once again made a secret out-of-court settlement with wealthy KPMG clients caught using what the CRA itself had alleged was a “grossly negligent” offshore “sham” set up to avoid detection by tax authorities, CBC’s The Fifth Estate and Radio-Canada’s Enquête have learned.

This, despite the Liberal government’s vow to crack down on high-net-worth taxpayers who used the now-infamous Isle of Man scheme. The scheme orchestrated by accounting giant KPMG enabled clients to dodge tens of millions of dollars in taxes in Canada by making it look as if multimillionaires had given away their fortunes to anonymous overseas shell companies and get their investment income back as tax-free gifts.

KPMG is a global network of accounting and auditing firms headquartered out of the Netherlands and is one of the top firms in Canada.

“Tax cheats can no longer hide,” National Revenue Minister Diane Lebouthillier promised in 2017.

Now, Tax Court documents obtained by CBC News/Radio-Canada show two members of the Cooper family in Victoria, as well as the estate of the late patriarch Peter Cooper, reached an out-of-court settlement on May 24 over their involvement in the scheme.

Details of the settlement and even minutes of the meetings discussing it are under wraps. A CBC News/Radio-Canada reporter who showed up to one such meeting this spring left after realizing it was closed to the public.

Journalists discovered references to the final settlement agreement in Tax Court documents only by chance.

April 9, 2019

Blue’s Dumb History Tales

Filed under: Britain, China, Economics, History, Humour — Tags: , , , , — Nicholas @ 02:00

Overly Sarcastic Productions
Published on 8 Mar 2019

Please check out That Works for the best blacksmithing on YouTube: https://goo.gl/vXsuFt

What do you get when you cross a month that has 5 Fridays with a historian who can’t do math? This nonsense, apparently.

PATREON: https://www.patreon.com/OSP

August 13, 2018

Publish, perish … or cheat

Filed under: Cancon, Education, Media — Tags: , , , — Nicholas @ 03:00

In the Vancouver Sun, Douglas Todd tells the story of a Canadian academic who’s risked his career to expose what most of us would consider widespread cheating in academic publications:

A determined B.C. economics professor has journeyed into the heart of a dark world where academics seeking to advance their careers have had hundreds of thousands of their articles published for a fee in journals that either deserve suspicion or are outright phoney.

In academia, where the admonition to “publish or perish” is not an empty threat, it is often difficult for scholars to have their research published in legitimate journals, let alone top ones. But it’s becoming increasingly common for academics to get articles produced in questionable journals, just by forking over $100 to $2,500 Cdn.

Derek Pyne, a Thompson Rivers University economist who was granted tenure in 2015, is among the global academics who are exposing the deceptive journals, sometimes at a risk to their careers. Experts say these journals are chipping away at scientific, medical and educational credibility — and wasting the money of the taxpayers who largely finance public colleges and universities.

Pyne’s pioneering research has been cited by The New York Times and The Chronicle of Higher Education. On June 23, The Economist, in a piece on blacklisted journals, praised the B.C. scholar, remarking: “This is an area in which data are hard to come by. But one academic has been prepared to stick his neck out and investigate his own institution.”

His dedication to truth, however, has not gone well for Pyne, who might be turning into one of the most noted professors at Thompson Rivers University. He has been at the public Kamloops institution since 2010, specializing in economic and mathematical theory related to education, religion, trade and crime.

On July 17, however, Pyne was suspended without pay. That’s after being banned on May 17 from the picturesque campus on a Kamloops hillside.

H/T to Claire Lehmann for the link.

July 25, 2018

QotD: How can you tell when a politician is lying?

Filed under: Business, Law, Politics, Quotations — Tags: — Nicholas @ 01:00

This reality of outright lying during campaigns is so familiar that we excuse it. It’s just what politicians do.

But suppose that a business owner did the equivalent in the market. Such behavior wouldn’t be tolerated by customers or by law-enforcement officials. For example, suppose that the owner of Acme Furniture, in a scheme to get more sales, outright lies with a radio ad that promises that everyone who buys any piece of furniture from Acme will get half of the purchase price refunded in 12 months. “Wow! Darn good deal!” consumers think. They flock to Acme and buy furniture.

One year later, Acme customers submit their applications for the refunds of half of the purchase prices they each paid. But these customers, rather than getting what Acme promised, instead get a note from Acme explaining that the promise of a refund was made in jest; it was designed only to get more consumers to buy furniture from Acme. “But don’t worry!” the letter from Acme continues, “you’re still better off having bought furniture from Acme than from any of Acme’s competitors. Trust me on this! Yours Sincerely,….”

From time to time unscrupulous (and, typically, also really stupid or myopic) business people pull fraudulent stunts such as this one. Yet – rightly – no one excuses these stunts as being par for the course in business. One reason, of course, is that such stunts are not par for the course in private business; far from it. But such stunts are indeed par for the course in politics. And yet, despite this reality, we are constantly told that businesses operating in competitive markets cannot be trusted to behave honestly unless they are regulated by politicians and bureaucrats operating in political ‘markets.’

Politicians lie and such lying is excused because it’s normal. But it’s not normal; it’s not normal in the private sector; it’s normal only in the very abnormal world of politics.

Don Boudreaux, “Politicians Lie Openly and Such Behavior Is Excused Because It’s ‘Normal’”, Café Hayek, 2016-09-05.

July 1, 2018

Over-generous subsidies encourage fraud and waste

Filed under: Britain, Economics, Environment, Government — Tags: , , , , , — Nicholas @ 03:00

At Catallaxy Files, Rafe Champion continues discussing Matt Ridley’s book Climate Science: The Facts:

Ridley went on to criticise biodiesel programs and the promotion of diesel cars. Then he mentioned one of the most outlandish schemes – the clearing of forests on the west coast of the US to convert into wood pellets to burn in British furnaces instead of coal to generate electricity. The Daily Mail reported that this was one of the legacies of Energy Secretary Chris Huhne.

    Mr Huhne, who served in the coalition government and was later jailed for perverting the course of justice, championed the energy source in office and is now European chairmen of Zilka Biomass, a US supplier of wood pellets.

Nice work if you can get it.

And then there are the household biomass furnaces in Britain, promoted by Huhne under the Renewable Heat Incentive (RHI) scheme whereby businesses and households pay for a renewable energy boiler upfront then receive payments for up to 20 years depending on the amount of heat they produce.

    Some unscrupulous homeowners can double the amount they produce by using heat generated under the RHI to dry wood or other materials.

    This can then be fed back into the boiler to burn it and generate even more heat – and money from the public purse.

    The scheme was started in 2011 by Chris Huhne, then Liberal Democrat energy secretary, for businesses then extended to domestic customers three years later. Households and firms can apply for grants to switch from fossil fuel heating systems to renewable ones such as biomass boilers, which burn wood pellets, chips or logs.

As the scheme is open to applications until 2021, final payments to participants will run to at least 2041. By this time, the bill for taxpayers is expected to hit £23billion.

Closely related is the the Irish “Cash for Ash” scandal that paid more than the cost of the fuel. An orgy of corruption was sparked by renewables in Spain and there was the strange phenomenon of solar power generated in the dark because the Spanish subsidy was initially so generous is was worthwhile to shine diesel-powered lights on the panels overnight.

May 12, 2018

Cryptocurrency scammers

Filed under: Business, Economics, Law, Technology — Tags: , , , — Nicholas @ 03:00

A high proportion of initial coin offerings are nothing but scammers doing what scammers do best, says Nouriel Roubini:

Initial coin offerings have become the most common way to finance cryptocurrency ventures, of which there are now nearly 1,600 and rising. In exchange for your dollars, pounds, euros, or other currency, an ICO issues digital “tokens,” or “coins,” that may or may not be used to purchase some specified good or service in the future.

Thus it is little wonder that, according to the ICO advisory firm Satis Group, 81% of ICOs are scams created by con artists, charlatans, and swindlers looking to take your money and run. It is also little wonder that only 8% of cryptocurrencies end up being traded on an exchange, meaning that 92% of them fail. It would appear that ICOs serve little purpose other than to skirt securities laws that exist to protect investors from being cheated.

If you invest in a conventional (non-crypto) business, you are afforded a variety of legal rights – to dividends if you are a shareholder, to interest if you are a lender, and to a share of the enterprise’s assets should it default or become insolvent. Such rights are enforceable because securities and their issuers must be registered with the state.

Moreover, in legitimate investment transactions, issuers are required to disclose accurate financial information, business plans, and potential risks. There are restrictions limiting the sale of certain kinds of high-risk securities to qualified investors only. And there are anti-money-laundering (AML) and know-your-customer (KYC) regulations to prevent tax evasion, concealment of ill-gotten gains, and other criminal activities such as the financing of terrorism.

In the Wild West of ICOs, most cryptocurrencies are issued in breach of these laws and regulations, under the pretense that they are not securities at all. Hence, most ICOs deny investors any legal rights whatsoever. They are generally accompanied by vaporous “white papers” instead of concrete business plans. Their issuers are often anonymous and untraceable. And they skirt all AML and KYC regulations, leaving the door open to any criminal investor.

Of course, for a significant number of people, not having the state involved in their investment is an attraction rather than a drawback. And not just criminals, but people who live in jurisdictions with uncertain reliance on the rule of law (not to mention Russia by name), where property rights are not so much “rights” as “privileges to the right sort of people”.

April 29, 2018

QotD: Impostor Syndrome

Filed under: Health, Quotations — Tags: , , , — Nicholas @ 01:00

… the list of people who sometimes worry about being uncovered as an impostor is as impressive as it is long. Having to live with a nagging fear of being “found out” as not being as smart or talented or deserving or experienced or (fill-in-the-blank) as people think is a common phenomenon. So common, in fact, that the term “Impostor Syndrome” was coined to describe it back in the 1980’s. Indeed, researchers believe that up to 70% of people have suffered from it at some point. Myself included.

Apart from serial narcissists, super low achievers and outright crazies, no one is immune to the self-doubt that feeds Impostor Syndrome. But what matters most is not whether we occasionally (or regularly) fear failing, looking foolish or not being ‘whatever enough’; it’s whether we give those fears the power to keep us from taking the actions needed to achieve our goals and highest aspirations. Unfortunately, too often people do just that.

Impostor Syndrome is the domain of the high achiever. Those who set the bar low are rarely its victim. So if you are relating to what I’m sharing, then pat yourself on the back because it’s a sure sign that you aren’t ready to settled into the ranks of mediocrity. Rather, you’re likely to be a person who aims high and is committed to giving your very best to whatever endeavour you set your sights upon. A noble aim to be sure.

But giving your best is not the same as being the best. Likewise, there’s a distinct difference between trying to better yourself and being better than every one else. Overcoming the Imposter Syndrome requires self-acceptance: you don’t have to attain perfection or mastery to be worthy of the success you’ve achieved and any accolades you earn along the way. It’s not about lowering the bar, it’s about resetting it to a realistic level that doesn’t leave you forever striving and feeling inadequate. You don’t have to be Einstein to be a valuable asset to your organization and to those around you. Nor do you have to attain perfection to share something with the world that enriches people’s lives in some way.

Margie Warrell, “Afraid Of Being ‘Found Out?’ How To Overcome Impostor Syndrome”, Forbes, 2014-04-03.

April 4, 2018

DicKtionary – I is for Investment – Gregor MacGregor

Filed under: Americas, History — Tags: , , , , , , — Nicholas @ 04:00

TimeGhost
Published on 3 Apr 2018

I for investment, for financial success,
Or for a failure, cause it’s hard to guess,
But if there’s one man who could make you a beggar,
It’s today’s star, Gregor MacGregor.

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March 2, 2018

DicKtionary – F is for Fraud – Jeanne de Valois Saint-Remy

Filed under: France, History — Tags: , , , , — Nicholas @ 04:00

TimeGhost
Published on 28 Feb 2018

F is for fraud, the art of deceit,
And it’s not so nice to be labeled a cheat,
F is also for France, and female, so let me,
Introduce today’s hero, Jeanne Saint-Remy.

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February 15, 2018

DicKtionary – D is for Dollars – Hetty Green

Filed under: Business, History, USA — Tags: , , , , — Nicholas @ 06:00

TimeGhost
Published on 14 Feb 2018

D is for dollars, 100 to the penny,
Some have but few, others have many,
Some hoard them too – the frugal and mean,
And none was more frugal than one Hetty Green.

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October 24, 2017

The many false faces of Aleister Crowley

Filed under: Books, Britain, History — Tags: , , , — Nicholas @ 03:00

In the latest Libertarian Enterprise, Sean Gabb reviews a new collection of essays about Aleister Crowley:

Turning to practitioners of the occult, I see no evidence of special success. They do not live longer than the rest of us. However they begin, they do not stay better looking. Any success they have with money, or in bed, is better explained by the gullibility of their followers than by their own magical powers.

So it was with Aleister Crowley (1875-1947) — the “Great Beast 666,” or “the wickedest man alive.” He quickly ran through the fortune his parents had left him. He spent his last years in poverty. Long before he died, he had begun to resemble the mug shot of a child murderer. Whether his claims were simply a fraud on others, or a fraud on himself as well, I see no essential difference between him and the beggar woman who cursed me in the street. He had advantages over her of birth and education. But he was still a parasite on the credulity of others.

Nor can I see him as a thinker or writer of any real value. The book that I am reviewing does its best to claim otherwise. Its varied essays are all interesting and well-written. Anything by Keith Preston, who wrote the fourth essay, is worth reading. Mr Southgate has done a fine job on the editing and formatting. But I found myself looking up from every essay to think what a terrible waste of ability had gone into producing the book. Was Crowley a sort of national socialist, or a sort of libertarian? Was he a sex-obsessed libertine, or did he preach absolute self-control? I suspect all these questions have the same answer. The overall theme of the book is that he was a penetrating critic of “modernity,” and each of its writers — all, in my view, men of greater ability than Crowley — has done his best to reduce a corpus of self-serving nonsense to a coherent system of thought.

The truth, I think, is that, beyond a desire to impose on everyone about him, Crowley had no fixed ideas, but he was too bad a writer for this to be apparent. Take these examples of his prose:

    We are not for the poor and sad: the lords of the earth are our kinsfolk. Beauty and strength, leaping laughter, and delicious languor, force and fire are of us…” [quoted, p.68]

    The sexual act… is the agent which dissipates the fog of self for one ecstatic moment. It is the instinctive feeling that the physical spasm is symbolic of that miracle of the Mass, by which the material wafer… is transmuted into the substance of the body. [quoted, p.151]

In the second of these, he seems to show an influence of D.H. Lawrence — or of the sources that made Lawrence into another bad writer. In the first, he has certainly been reading too much Swinburne. I confess that I have not read anything by Crowley beyond the quotations in this book. Having seen these, though, I am not curious to look further. He was a nasty piece of work in his private life, and a victim of early twentieth century fashion in everything else.

QotD: Tax complexity

Filed under: Bureaucracy, Government, Quotations, USA — Tags: , , — Nicholas @ 01:00

What’s interesting about this [IRS] scam is that it’s a departure from classic confidence schemes. Think about something like the Nigerian e-mail scams, and how they draw their victims in: greed for a lucrative finder’s fee in exchange for doing something that sounds maybe a little bit shady, but maybe sort of noble too. The victim is then strung along by playing to the greed, and kept from talking to others who might point out the scam by because they think they are complicit in something legally questionable.

The IRS scam, on the other hand, works entirely by fear. It takes people who haven’t done anything wrong, and makes them afraid that they have. That’s a pretty hefty achievement. Imagine trying to extort money from someone by, say, claiming that they had murdered someone. You might elicit laughter, or bewilderment, but you’d rarely elicit much cash.

Which raises the obvious question: How did we get into a situation where it’s so easy for people to believe that the IRS is about to arrest them for a crime they weren’t even aware of having committed?

You guessed it: The IRS is incredibly powerful, and the tax code is incredibly opaque.

Like many journalists, my husband and I pay someone to do our taxes. We have to. The year we married, I realized that with two journalists who both had salary and non-salary income, home offices, various business expenses, and a new home purchase, our taxes had finally passed the point at which I was even marginally competent to do them. Before then, I had always done my taxes myself, and filed them with a sort of wistful hope that I had done them correctly. At this point it seems worth pausing to note that:

  1. I have an MBA.
  2. I write about tax policy for a living.

These things are surprisingly little help. Filling out your taxes is not a matter of being good at math, or accounting, or even knowing how various provisions of the tax code interact in revenue projections. It is entirely a matter of knowing what can be deducted, and how. And because our tax code is so complex, that doesn’t mean “read the statute”; it means “read the statute, and the case law, and develop a sense over long experience of how agents are likely to interpret this or that during an audit.” The only people who can do that are tax professionals; the rest of us are too busy earning a living in our own professions.

There’s no perfect measure of tax complexity, but consider one quick-and-dirty metric: the number of lines on a typical tax form, and the length of the accompanying tax booklet. Quartz did just that a while back, and found that the complexity had been steadily increasing.

Legal complexity does not accumulate linearly; it accumulates exponentially. When you have one law on the books, and you add a second, the new law may (or may not) have some unexpected interaction with the old law. This would be one complexity point for regulators to manage. But with each new law, the number of potential interactions grows quickly, until it passes the ability of any layman to grasp it (and eventually, surpasses the professionals as well, which is why they’re increasingly specialized in narrow areas). We are long past that point with the tax code.

Megan McArdle, “Why We Fear the IRS”, Bloomberg View, 2016-01-04.

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