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18 Apr 14:43

Who’s Supporting Moore for Fed? Institutional Affiliations of Signatories

by Menzie Chinn
Kevinrieder

Looks like Marquette won't be getting, for the 17th consecutive year, my alumnus donation.

Yesterday, I posted some observations on the signatories to the letter supporting Stephen Moore for the Fed  letter posted [PDF]. Here for the sake of completeness is the list of the affiliations the signatories provided.

  • Laffer Associates
  • Forbes magazine
  • The Heritage Foundation (former)
  • Atlanta Fed (former)
  • The Federal Reserve (former)
  • University of Texas at Dallas
  • University of London, Royal Holloway College
  • Universidad Francisco Marroquin
  • University of Texas at El Paso
  • Whitworth University
  • Virginia Military Institute (former)
  • University of Dallas
  • University of Notre Dame
  • University of Virginia (former)
  • University of Nevada, Las Vegas
  • Saint Vincent College
  • University of South Florida (former)
  • American Enterprise Institute
  • Univ of Virginia
  • Beacon Hill Institute
  • University of North Alabama (former)
  • George Mason University
  • Texas A&M University
  • Auburn University & Milken Institute
  • Auburn University (former)
  • Florida International University
  • California State University, Bakersfield (formerly)
  • California State University, Northridge
  • Risk Management Advisors
  • University of California (former)
  • none
  • Georgia Institute of Technology
  • University of Illinois at Urbana Champaign
  • Gonzaga and Whitworth Universities (former adjunct)
  • California State University, Fresno
  • University of North Carolina, Chapel Hill
  • DePaul University
  • Dartmouth College (former)
  • TrendMacrolytics
  • Ball State University (former)
  • University of New Haven
  • Hillsdale College
  • Baylor University
  • University of Houston (former)
  • Emory University (former)
  • Jacksonville University
  • CSU
  • MIT (former)
  • Georgetown University
  • Binghamton University
  • Roanoke College
  • Wofford College
  • Marquette University
  • The Dun & Bradstreet Corporation
  • Tarrant County College
  • Nathan Associates Inc.
  • Founder of classicalprinciples.com
  • Robert D. Niehaus, Inc.
  • Trinity College
  • Lewis & Clark Law School
  • OMB (former)
  • University of Hawaii at Manoa (former)
  • UT San Antonio
  • UNC Wilmington
  • Arizona State University (former)
  • Georgetown University Law Center
  • Antonin Scalia Law School George Mason University
  • Michigan State University (former)
  • University of Nebraska Omaha
  • University of Colorado
  • Texas Christian University
  • University of Tennessee at Chattanooga (former)
  • HCWE & Co.
  • Luther College (former)
  • Johnson & Wales University
  • Wake Forest University (former)
  • Utah State University
  • George Mason University
  • Cumberland University
  • University of Nevada, Reno (former)
  • Brigham Young University (former)
  • Arizona State University (former)
  • Institute for Policy Innovation
  • Syracuse University
  • Sam Houston State University
  • U.S. Treasury Department (former)
  • U.S. Treasury Department (formre)
  • Scalia Law School GMU
  • Job Creators Network
  • Hillsdale College
  • Pacific Research Institute
  • Institute for Economic Freedom
  • Claremont McKenna College
  • American Legislative Exchange Council (ALEC)
  • Strategas
  • U.S. House of Representatives (former)
  • President’s Council of Competitiveness
  • Florida Southern College
  • Ohio University (former)
  • Manhattan Institute
  • Small Business & Entrepreneurship Council
  • Institute for Global Economic Growth
  • Discovery Institute,
  • Goodman Institute for Public Policy Research
  • Institute for Energy Research
29 Jun 01:15

Saturday Morning Breakfast Cereal - Science Prank

by tech@thehiveworks.com
Kevinrieder

I only knew the last two. What's the first?



Click here to go see the bonus panel!

Hovertext:
I actually know a decent number of people who've experienced some version of this. They should create a medal for this sort of thing.


Today's News:
14 Feb 15:50

More Testimonials For SSC

by Scott Alexander
Kevinrieder

In case you also enjoy Deadspin's "Dead Letters"

[Content note: various slurs and insults]

Last post I thanked some of the people who have contributed to this blog. But once again, it’s time to honor some of the most important contributors: the many people who give valuable feedback on everything I write. Here’s a short sample of some of…most interesting. I’m avoiding names and links to avoid pile-ons. Some slightly edited for readability.


“A cowardly autistic cuckolded deviant Jew who uses his IQ to rationalize away wisdom”

“He’s part of the self-declared ‘Rationalish Community’. Imagine the ridiculous level of self-regard implied by that. Picture cb2 with a graduate degree. Scott Alexander, if brevity is the soul of wit, you’re a witless soulsucking fuck.”

“Dude sounds like a crackpot. Blaming Republicans for everything and hailing liberals for… well, that part isn’t clear exactly. Thanks for helping me find something to add to my “never read” collection.”

“The men tweeting about how bad the women’s march is are also the guys who didn’t get invited to parties + blamed it on feminism…I know a few men who make this seem like actual fact. Like that guy from Slate Star Codex.”

“I don’t know what I was expecting from a jew quack but I suppose reasonable fits the description.”

“Ross Douthat somehow manages to recommend a person with a theology less plausible than Catholicism”

“I refuse to read Slate Star Codex anymore. It has become the epitome of IYI (Intellectual Yet Idiot) “pragmatic”(i.e. spineless) centrism.”

“He wants his readers to adopt a strategy of misogynist sabotage.”

“Slate Star Codex is THE definition of ‘autism spiral into infertility and death'”

“Scott Alexander is a LessWrong cultist. He has ALWAYS been a tremendous asshole who thinks he’s Mister Fucking Spock.”

“Slate Star Codex is to cognitive dissonance what Goddard was to rocketry.”

“I used to really enjoy Slate Star Codex before joining the dark side, now I find the blog almost insufferably autistic.”

“Laughing my ass off as Slate Star Codex’s “The Anti-Reactionary FAQ” figuratively burns in the fires of Berkeley.”

“I’ve started to be bothered by clothes tags a little bit lately. I blame SSC for putting this idea in my head”

“Slate Star Codex was always a shill, but this was craven even for him”

“He *literally* thinks that humans are horses”

“This is entirely reductive statement from me but I think that in an important sense SSC is just the Scott Alexander ego inflation program. Some of the best blogs can function this way. However a reasonable about the disingenuous use of his explicitly stated preferences for objectivity and the unstated outcomes of his blog can be made. Is Scott a scientist promoting a radical new social program or perhaps he is interested in the cult of personality and trapping of psychiatric performance?”

“Sexist asses: It’s not us, females just genetically hate liberty.”

“You asexual twerp”

“Fucking tech-libertarian cockroaches everywhere preaching total derp. Deeply disappointing.”

“I see you reduced to making excuses for a career criminal [Hillary Clinton] because you’re afraid of change. I expected more from you, Scott. I expected you to remember hope. I never expected the Dark would take you. Enjoy this. The thousands of comments, the last remarks from departing readers. It will never be the same.”

“Honestly, every time I read Scott, I am super conflicted. I have never found a writer whom I agree with so consistently while finding their personality, as expressed through their writing, so intolerable. I always feel like I want to shout, “You’re exactly correct! Now the shut the fuck up!” and pop him one in the mouth.”

“Go figure, Slate Star Codex blog readers are politically *and* literally, a bunch of phags. Look @ weightlifting data [on the survey]; found the problem.”

“Scott isn’t really dogmatic about anything besides niceness, honesty, puns, and growth mindset.”

“Scott Alexander over at the popular blog Slate Star Codex is an interesting case study in classical liberalism; nowhere else will you find someone who better exemplifies the phenomenon of skirting within microns of the event horizon of Getting It before screaming ‘Nooooo’ and zooming off in some other direction; nor will you find many who choose a crazier direction in which to flee.”

“Basically imagine a guy drinking Soylent and having a flamewar about how in the future they will too be able to unfreeze his head and you’ve got a basic idea of the ideology at play here.”

“So we come to answering the question I asked at the beginning: What is it that allows men like Scott Alexander, men of some intelligence and sensitivity, to get so close to understanding, and fail so miserably, over and over? We can find the answer here at the end of his piece: we see that he stumbled, baffled, like a giraffe with a head injury loose in Manhattan, through the entire book, then through an entire long review, without comprehending its basic point.”

“Slate Star Codex: if you’re a man who is involved in tech and not interested in any legitimate philosophical or sociological inquiry, we’ve got you covered”

“He is riddled with all kinds of spooks and leftist ideology and it shows in his commentariat. This also doesn’t bode well for psychiatry if someone as emotionally weak as Alexander is allowed to become a psychiatrist.”

“The Slate Star Codex guy is a living fable against the idea that u can solve problems with pure tedious reason instead of ever reading a book”

“it’s basically one of the hubs for autistic people really into Bayesianism, so like half the posters could either transition or become Nazis. or both idk”

“Hey man I took your survey it made me feel all weird and insecure about my gender identity thanks a lot!”

“Anyway, I don’t mean to pick on Alexander, whose heart is in the right place, but he is a walking, talking, male prophylactic. If I absolutely did not want any grandchildren (say, high risk of insanity in the bloodline) I’d have Alexander teach my sons the birds & bees. He is a weirdo autistic who has no understanding of normal women based on the few writings on sexual politics of his I’ve read, which are filled with the usual libertard lonely-boy pablum about the awfulness of “slut shaming” in our society, and how if we could just get rid of that and any sort of gender roles and treat everyone the same, we’d be living in a flippin’ sexual Nirvana where our genitals would be as happily interoperable as any pair of USB ports. (Alexander, IIRC, is in a relationship a technically female but maybe not womyn-aligned webcam star with whom he may or may not actually be bumping uglies)”

“To be fair to Alexander, the million leaked credit cards #’s from ASHLEY MADISON from men who really think there any normal women out there trolling for one-off sex on the Internet shows the cluelessness out there is pretty broad.”

“Since people are sharing around a Slate Star Codex article let’s have a reminder that he’s a moral cripple”

“$500 Reward. Seeking the testimony of victims of Scott Alexander, human rights abuser. I am also willing to pay for the stories of the victims of any other ‘prominent’ ‘internet famous’ psychiatrists/human rights abusers.”

“I hate to go ad hom, but i can’t think of anyone who would benefit more from TRT and getting laid on the reg.”

“After reading Scott’s article to a friend of mine, he decided to get “Border Reaver” tattooed on his neck”

“So basically he’s an athiest jewish kikeiatrist named Schlomo Schlomovich who mingles with the social elite while still being afraid of antifa? I couldn’t have strung together that many ridiculous stereotypes at once if I tried honestly. This is fucking hilarious.”

“Discovering Scott Aaronson is way into Slate Star Codex is like finding spiders in my favorite flavor of ice cream. Slate Star Codex is ‘Well, actually…’ personified, with a dusting of evil. But mostly it bugs me that it passes for good writing.”

“id like to fight the guy who runs slate star codex, he’s a smarmy faggot”

“Why do people I otherwise like keep insisting to me that slate star codex is good”

“[Slate Star Codex] split off from Less Wrong because even massive faggots sometimes have standards. His clique don’t exactly get along with Yudkowsky and will point out that he’s basically running a cult. Nonetheless, Scott’s still a huge fag and sucks Eliezer’s dick when it comes to rationalism and his fucking gay “Sequences”, which he and his commenters will tell you to read as if it’s the fucking gospel.”

“Slate Star Codex, an extremely verbose blog that I have complicated feelings about.”

“YouTube Skeptics, Slate Star Codex rationalists, Stefan Molyneux and Ayn Rand all ruined “rationality” and ‘logic’ for me. Must be a horseshoe theory conspiracy of sorts.”

“The disturbing thing is that they’re all aware of the criticisms people level at them for their autism, but no matter how many times they’re inundated by people telling them they’re being inhuman spergs, they’re just like ‘Hmm…am I out of touch? No…it’s the normal people who are wrong.'”

“*making racist laser gun noises* computer, engage Near Mode and navigate me to slate star codex please”

“‘Bigoted shits’ is basically the Slate Star Codex demographic”

“[Scott] wants the SJWs to take over. He wants you to dawdle around appealing to ‘reason’ until the Commies have indoctrinated enough of the youth to allow PC Culture to permeate all things.”

“It’s cool to watch the slate star codex guy inch closer and closer to actually knowing something while his comment sections get stupider and stupider”

“Is it just me, or is the guy who runs slate star codex kind of a wanker?”

“But this is… just incredible. I read this SSC article last night, and my jaw dropped. What was I missing? How could Scott Alexander be so fucking stupid? I spent all day with a slow burning anger in my belly. This pure nonsense, from the “Red Tribe vs. Blue Tribe” guy, in the same week as McConnell holding millions of children hostage so he doesn’t accidentally upset the avowed racists over in the House, not to mention Stormy Daniels, McCabe’s loyalty test, Trump trying to fire Mueller, and all the other usual shit that I already forgot all coming to light? And you choose now—January 24, 2018 and not November 9, 2016—to equate George Soros and the Koch brothers not once but twice in an overlong Tumblr note that amounts to saying, “huh I just realized maybe I’m missing something but I still think all politically active people are retarded”? Have you read the news once in the last year, or do you just get summaries from the same place as your political theories—random fucking commenters on your blog? Or was I mistaken this whole time thinking that Scott both lived in America and wanted the world to get better not worse? Because this post would make way more sense if his political climate was actually recess on the fucking playground of a quarantined elementary school for experimental Nazi test tube babies in a bubble on the dark side of the fucking moon.”

“nobody has ever read a slate star codex article to the end”

21 Apr 20:18

Milk is mind-bogglingly cheap.

by Frances Woolley


20170421_115642The Canadian Cook Book was first published in 1923. My copy is the twentieth edition, published in 1949.

It dates from the heyday of home economics, a time when scientific principles were being applied to domestic life. Recipes are mixed in with nutritional information, guidance on the finer points of etiquette, and what we could call today "financial literacy".

Below the fold I have reproduced a recommended food budget for the 20th century homemaker:

Household budget

Noteworthy in the Canadian Cookbook's budget is the off-hand remark "the largest expenditure of the income is for food". Not rent. Not child care. Not utilities. Food. Relatively speaking, food used to be much more expensive than it is now.

Second, 20 to 25 percent of the food budget was supposed to go to milk, cream and butter! Now the Canadian Cookbook recommended people drink a lot of milk - one quart (4 cups) per child per day, and a half quart per adult per day. So a family of three children and two adults would go through four quarts of milk - a bit over four litres - a day. Let's say they went through half a pound of butter, too. At today's prices, that's about $8.00 of milk and butter daily.

Nutritional tips

To live within the Canadian Cookbook's suggested budget shares, a family of 6 spending $8 per day on milk, butter and cream would have to buy all of their other food for $24 to $32 per day.

Now, it is possible to feed a family of 5 for $24 plus milk and butter a day and eat well. Porridge for breakfast. Lentil soup for lunch. Braised cabbage and fried eggs or broccoli and tofu in spicy peanut sauce for dinner.

But today it would be impossible to spend 20 to 25 percent of your budget on milk and prepare the kinds of meals that are imagined by writers of the Canadian Cook Book:

Sample menus

Forget the caramel charlotte and the orange chiffon pie - the cost of lamb chops alone would blow a family of five's entire food budget. So why did the Canadian Cook Book writers allocate 20 to 25 percent of the food budget for milk? I can only conclude that the relative price of milk must have been much higher then than it is now.

Right now there is a big to-do about supply management and the cost of milk. I get it. Milk is a lot more expensive here than in the US, and it's hard for people without a lot of money to afford good quality cheese. 

I wrote this post to make a point, and an observation.

The point: Even with supply management, milk is relatively cheap in historical terms. Rent and housing in Canada's major cities is what is out-of-sight expensive.

The observation: I am willing to pay something to ensure food safety and quality. Cheap food can kill you. Now supply management is no guarantee of food quality. But let's just say that, when food quality (e.g. use of pesticides, quality of feed, nutritional content, etc) is fully or partially unobservable, there are limits to the ability of competitive markets to generate optimal outcomes.

Update: thanks to rsj's suggestion in the comments below, here is some consumer price index data. It shows that the relative price of fruits and vegetables as compared to dairy products has doubled in the US over the past 70 years. I would suspect the trends in Canada would be similar, though perhaps not quite so dramatic.

Screen Shot 2017-04-21 at 11.05.10 PM Screen Shot 2017-04-21 at 10.56.40 PM

 

04 Jun 02:05

This Weekend Only: Save 40% Sitewide at Gap

by Shep McAllister
Kevinrieder

I've heard they exclude jeans.

Need to fill out your summer wardrobe? Gap has something for just about everyone, and today, they’re taking 40% off sitewide with promo code HAPPY. Plus, all orders over $50 ship for free.

Read more...

17 Nov 16:56

Hardball Questions For The Next Debate

by Scott Alexander
Kevinrieder

The whole post is enjoyable, but if time is short, just the section on Rubio will be fine.

Dr. Carson:

One of your most important achievements as a neurosurgeon was inventing the functional hemispherectomy, a treatment for epilepsy in which the epileptic hemisphere of the brain is severed from the healthy hemisphere and the body, allowing the healthy hemisphere to have full control of the body free from any epileptic interference. Children who get a functional hemispherectomy sufficiently early will be partly paralyzed on one side, but they will mostly be seizure-free.

Standard hemispherectomies remove the epileptic hemisphere from the body, but that tended to cause hydrocephalus, so your technique instead just severed all of its sensory and motor connections, leaving it present but inert.

But an anonymous neuroscientist on Reddit expressed some concern that just as the functional hemisphere seems to develop full independent personhood after the split, so the epileptic hemisphere may do so as well. Obviously it remains impaired by the epilepsy, but it’s not seizing all the time, so there will still be comparatively lucid intervals.

So my question for you is – what do you think happens to that person who is in an empty hemisphere, locked out of all sensory input and motor control? Do you think they’re conscious? Do you think they’re wondering what happened? Do you think they’re happy that the other half of them is living a happy normal life? Do they sit rapt in unconditioned contemplation of their own consciousness like an Aristotelian god? Or do they go mad with boredom, constantly desiring their own death but unable to effect it?

Also, a follow-up question. You solve paediatric epilepsy by severing all connections between right and left, consigning one to the outer darkness and turning complete control over to the other. Given that you’re trying to become President, that has obvious kabbalistic implications. Do you stand behind those kabbalistic implications or not?

Ms. Fiorina:

One of the issues that’s played a central role in your campaign is your belief that the Ottoman Empire was the greatest civilization in the world. Certainly their five-hundred-plus year reign was marked by impressive military, political, and artistic achievements. But I want to bring up a particular aspect of Ottoman governance today.

One of the really unique Ottoman innovations was its so-called “millet system”, where every ethnicity and religion was almost its own little empire-within-an-empire. For example, although the Ottoman Empire was itself Muslim, Christians within it got their own millet, led by the Patriarch of Constantinople. They made their own laws, which applied only to Christians, settled disputes between two Christian claimants, levied taxes from Christians to pay for Christian-related projects, and generally kept their own people in line. When the Ottoman Empire as a whole wanted something from its Christian population, the Sultan would meet with the Patriarch and they would hammer it out. There were similar structures in place for Jews, Armenians, et cetera.

The past few years have seen an almost unprecedented rise in identity politics in America, usually marked by the claim that the society is using its weight to kick around people of some identity or another. Society is kicking around blacks. Society is kicking around conservative Christians. Society is kicking around bisexuals. They all feel like they’re getting the short end of the stick, but a lot of their preferences are mutually exclusive, and it’s hard to imagine some kind of centralized government policy that could satisfy any of them.

As an admirer of the Ottoman Empire, you’d be in a uniquely good position to import some of the advantages of the millet system into the modern Western world. Obviously this would be complicated given all the conflicting identity claims and the close quarters in which everyone is intermingled, but there are already some visions of what it could look like – including my own Archipelago – and if it were raised to the level of a national discussion, people could no doubt come up with many more.

So my question for you is – weren’t you a pretty crappy CEO?

Mr. Bush:

Assume that fitness-to-be-President is a normally distributed trait with known heritability. Suppose also that past elections have 100% efficiency; that is, they always choose the most qualified candidate. We can then use some of the standard regression-to-the-mean equations to determine the chances that the highest fitness-to-be-President individual in generation G will be the offspring of the highest fitness-to-be-President individual in generation G-1.

The single most fit-to-be president man in a population of 300 million would be about six standard deviations above the norm. If that man breeds with the single most fit-to-be-president woman, and if in keeping with findings for other complex traits heritability is about 60%, we would expect their offspring to be about 3.6 standard deviations above the mean in fitness-to-be-president. One in every 2500 or so people is 3.6 standard deviations above average, meaning there would be at least 120,000 equally good or better presidential candidates than they in the United States.

How high would the heritability of presidential fitness have to be before there was at least a 10% chance that the offspring of the two most presidential Americans was himself presidential material? My calculations suggest about 90%, which is very high compared to what we know about similar traits – but actually not entirely outside the realm of plausibility.

But if a maximally-presidential man breeds with a woman who is less than maximally presidential, the odds fall precipitiously. Suppose that a maximally-presidential man breeds with a woman who is merely in the 99th percentile for presidential ability. Now given a heritability of 60% there will be three million Americans more presidential than their average offspring. Even given a 100% heritability, there is only a 1/73 chance that their offspring will themselves be worthy of the presidency.

So my question for you is: do you think Barbara Bush is an unrecognized political super-genius, or are there probably hundreds of thousands of Americans who would make a better president than you would?

Senator Cruz:

You were on your college debate team, and you were good at it. Really good. You won the national championships and you were pretty widely believed to be the best debater in the country. Quite an achievement. But my worry is – which is more likely? That the best debater in the country would also be the best choice for President? Or that he would be really really really good at making us think that he would be?

Don’t respond yet. Before you answer that question – well, before you answer any question – we’ve got to think about this on the meta-level. There’s a classic problem in epistemology. Suppose that we have a superintelligence with near-infinite rhetorical brilliance. The superintelligence plays a game with interested humans. First, it takes the hundred or so most controversial topics, chooses two opposing positions on each, writes the positions down on pieces of paper, and then puts them in a jar. Then it chooses one position at random and tries to convince the human of that position. We observe that in a hundred such games, every human player has left 100% convinced of the position the superintelligence drew from the jar. Now it’s your turn to play the game. The superintelligence picks a position from the jar. It argues for the position. The argument is supremely convincing. After hearing it, you are more sure that the position is true than you have ever been of anything in your life; there’s so much evidence in favor that it is absolutely knock-down obvious. Should you believe the position?

The inside view tells you yes; upon evaluating the argument, you find is clearly true. The outside view tells you no; judging from the superintelligence’s past successes, it could have convinced you equally well of the opposite position. If you are smart, you will precommit to never changing your mind at all based on anything the superintelligence says. You will just shut it out of the community of entities capable of persuading you through argument.

Senator Cruz, you may not quite be at the superintelligence level, but given that you’ve been recognized as the most convincing person out of all three hundred million Americans, shouldn’t we institute similar precautions with you? Shouldn’t your supporters, even if they agree with everything you are saying, precommit to ignore you as a matter of principle?

Senator Rubio:

When you became Florida’s Speaker of the House, one of the other men on stage here tonight, Jeb Bush, presented you with a golden sword, which he said was the “Sword of Chang”. He told you that “Chang is somebody who believes in conservative principles, believes in entrepreneurial capitalism, believes in moral values that underpin a free society. Chang, this mystical warrior, has never let me down.” You looked pretty excited about it.

Now, some might say that this all came from a giant misunderstanding. Back in the late 1940s, Mao Zedong’s victorious Chinese communists forced Chiang Kai-shek’s defeated Chinese nationalists to retreat to the island of Taiwan. The United States kept the peace in the the Taiwan Strait, mostly to prevent Mao from invading and finishing the job, but a common refrain in 1950s conservativism went that we should “unleash Chiang”; that is, advise Chiang Kai-Shek to go back across the strait and reconquer China. George H. W. Bush served as envoy to China, had to listen to this sort of stuff, and got annoyed enough at the “unleash Chiang” rhetoric that he would quote it ironically at bizarre times, like his documented habit of threatening that his serve would “unleash Chiang” on his tennis opponents. It’s unclear how we got from George H. W. Bush’s constant threats to “unleash Chiang” on people, to his son’s belief that Chang was a mystical conservative warrior. Maybe it was a joke, either Bush Sr. pranking Jeb or Jeb pranking you.

In any case, you hung the sword in “a place of honor in your office”. From that point forward, Jeb’s fortunes declined. He left the Florida governorship, failed to get any further high positions, and then ran a very lackluster Presidential campaign. But from that same point your own fortunes decidedly rose. You started a law firm, were appointed a professor, got elected to the Senate, and are currently running a spectacular Presidential campaign with most pundits betting on your eventual victory after Trump and Carson lose their shine. The connection between the transfer of the sword and the sudden switch in both your fortunes is so striking that even the Huffington Post, not normally a source for magic-sword-related journalism, wrote about it: Jeb’s Last Hope – Reclaim the Sword of Chang.

But here we have a conundrum: if there was never a mythical Chinese warrior named Chang, by what magic does this sword grant worldly success to its possessor and ignomious ruin to any who lose it? There is a legend that fits almost exactly: the tale of the Holy Lance, aka the Spear of Destiny, aka several other portentious sounding names. According to the story, this relic from Christ’s crucifixion grants victory to all who own it and swift ruin to all who lose it. Charlemagne was reputedly the first to make use of its power; he was unstoppable while he wielded it but died moments after dropping it during battle. The same pattern repeated with Frederick Barbarossa, then a host of other military leaders, until finally it passed to the Austrian Habsburgs. They realized its power, locked it away, and ended up winning the greatest empire in European history. Supposedly Hitler was obsessed with it, so much so that his fascination with the object inspired the depiction of Nazi archaeologists in Raiders of the Lost Ark, and he took it for himself after the Anschluss. As the war wound down, the relic caught the special attention of General George Patton, who brought it back safely to Vienna afterwards. But ever since that time there have been various rumors that it was a fake, and that Nazi sympathizers took the real Lance in preparation for the time when the Reich would rise again.

The book Secrets of the Holy Lance describes one possible route by which the artifact might have been smuggled out of Europe:

Reporters John Buchanan and Stacey Michael cite recently declassified documents from the US National Archives that indicate that Prescott Bush “failed to divest himself of more than a dozen enemy national relationships that continued until as late as 1951. Bush conducted business following the end of World War II with moving assets into the Nazi refuges of Argentina, Panama, and Brazil.

So Prescott Bush was involved in moving Nazi “assets” from conquered Europe to South American refuges, presumably including the true Lance. Far be it from me to impugn his business ethics, but I don’t remember Nazi refugees in Argentina becoming an unstoppable force aided by a weapon of legendary mystical power. On the other hand, I do remember Prescott Bush being elected to the United States Senate just a few years later. Then his son and the presumed heir of his property was elected US President. Then his son was also elected US President. I need not add that according to the the laws of genetics, the chance of this happening by coincidence is hundreds-of-thousands to one even assuming implausibly high heritability of the fitness-to-be-president trait. Then his other son starts rocketing up through the ranks right up until the moment he gave you the sword of Chang, a sword named after a weird Bush family in-joke about a Chinese mystical warrior who doesn’t exist.

I think we can start to sketch out a plausible explanation here. Hitler didn’t want the Holy Lance falling into the hands of his enemies, so he replaced it with a fake and hired Nazi-artifact-smuggler Prescott Bush to transport the real one to safety in South America. Bush realized what he had, handed the South Americans a second fake, and kept the real one for himself, reforging it from a lance into a sword to cover his tracks – an action entirely in character for Prescott Bush, whose other relic-stealing adventures include the theft of Geronimo’s skull. He died unexpectedly without getting the chance to explain the significance of the artifact to his son George H. W. Bush. But since it seemed like a sentimentally important heirloom, George took care of his father’s weird golden sword anyway. When his sons asked him about it he didn’t have a real answer, so he just made his favorite in-joke about “unleashing Chiang”, and they believed him. Then eventually it passed to George W, later on to Jeb, and then Jeb thought it would be a funny present to give you to honor your election as Florida speaker.

Obviously the Lance is a significant strategic asset for America, and I imagine if you were President then its aura of victory would apply to the country as well, much as the Habsburgs’ possession of the lance enlarged Austria-Hungary. However, its powers are generally held to come from the Antichrist.

So my question for you is, do you think it’s ethical to use your magic sword to channel the power of the Antichrist if that would ensure America’s military success?

Mr. Trump:

You are famous both for your vast corporate empire and for your tendency to name the pieces of that corporate empire after yourself. By my count there are six buildings named “Trump Tower”, ten named some variation on “Trump Hotel”, a Trump Building, a Trump Palace, and a Trump Estate. You founded a financial services group called Trump Mortgage, a modeling agency called Trump Model Management, a bottled water brand called Trump Ice, and a magazine called Trump Magazine. You also started an airline called Trump Airlines, a TV company called Trump Productions, a book series called Trump Books, and your own radio talk show called Trumped!. There are also several Trump-themed games, like Donald Trump’s Real Estate Tycoon and Trump: The Game.

Mother Jones wrote a great article on this last one. Trump: The Game seems to be a tacky Monopoly clone. Players move around a board and bid on properties, and when one of them gets locked out of bidding for a property the other player gets to say “YOU’RE FIRED” the same way you do on your show. The only way to get back in to a property once you’ve been fired is to use the game’s most powerful card, which has a picture of your face on it and is called “The Donald”.

My question for you is: WHY DIDN’T YOU CALL IT THE TRUMP CARD?!?!!!!111111111asdfdf

06 Jun 23:42

The dark side of homeownership

by Shane Ferro
Kevinrieder

Taking your temperature on something like this, Charles: is this of interest?

Owning your home, long a pillar of the American dream, could actually be bad for the economy. In a new paper, economists Andrew Oswald, of the University of Warwick, and David Blanchflower, at Dartmouth, found that rates of high homeownership lead to higher rates of unemployment in both the United States and Europe.

Not only do high rates of homeownership keep people from moving to areas with good jobs, it also turns out that they tend to stunt job creation where the people live. What’s more, because suburbanites are unlikely to have a jobs in the same place that they live, they often spend a lot more time in traffic than they need to  -- time that could surely be used more productively.

This is not a new idea for Oswald and Blanchflower. They’ve been working on this area of research for the better part of two decades, although this is the first time they’ve had the hard data to show how the labor market in the US is affected when homeownership rates increase. Even though individual homeowners aren’t necessarily more likely to be unemployed than their renter counterparts, a doubling of the homeownership rate leads to more than doubling of the unemployment rate, the researchers find.

High rates of homeownership lead to fewer businesses being formed, says Blanchflower. The authors aren’t fully able to explain this correlation, though they hypothesize in the paper that it could be a result of zoning restrictions in residential areas and/or a NIMBY (not in my backyard) attitude from homeowners. Fewer businesses in the area mean fewer jobs, which lowers the employment rate. People who cannot find a job near their home, but are tied down by a mortgage, then end up commuting long distances for work.

Switzerland is a prime example of low homeownership and low unemployment. Only about 30% of the Swiss own their homes, and unemployment in the country hovers just above 3%. Spain is at the opposite end of the spectrum, with 80% homeownership and more than 25% unemployment. The paper shows that OECD countries and every state in the US fall somewhere in between Spain and Sweden. Here’s the scatter chart: the higher the homeownership rate, the higher the unemployment rate, generally.


As the subprime crisis hit, Oswald’s ideas became somewhat popular, as various people began to argue that perhaps homeownership shouldn’t be the bedrock of our economy. Clive Crook argued back in December 2007 that the focus on housing could be holding our economy back. “If investment in housing goes up, investment in things that would expand the economy and improve future living standards—such as commercial building and business equipment—goes down”.

As Free Exchange added, putting people to work efficiently means having a labor force that can move around to where the jobs are. “Roots are for vegetables”, as the article puts it.

In a panel discussion on the Canadian television show The Agenda back in 2010, both Yale economist Robert Shiller (of the Case-Shiller home price index) and urban studies theorist Richard Florida argued that homeownership should be less idealized, and the government shouldn’t promote homeownership through tax breaks. As Crook notes in his piece, the UK abolished mortgage tax breaks and saw no change in housing prices. “In the US, labor mobility and residential mobility tend to go hand-in-hand, and it’s really put a crimp in the US ability to adjust to this time of economic restructuring”, said Florida.

There are reasons to argue for homeownership, of course. Not only is it a leveraged investment that can pay off handsomely (if prices go up), it’s a commitment device, “which forces people to build wealth rather than fritter away their income on consumer products”, as Felix Salmon pointed out, also back in 2007. Shiller responds that if you have the discipline and self-control to put that money in the stock market, you’d likely get a better return.

In 2007, as the economy was spiraling downward, no one really wanted to talk about taking action that might further collapse the housing market. But perhaps now that the economy is slowly marching towards recovery, it’s time to bring it up again and ask ourselves whether being a nation of homeowners is worth the price we pay in stunted economic growth. It may be time to do away with the mortgage-interest tax deduction, rezone the suburbs, or simply embrace Blackstone’s quest to own as many single-family homes as possible.

03 May 15:50

MCarson on the Oregon Medicaid Expansion

by J. Bradford DeLong
Kevinrieder

I'm calling for universal smartphones pre-loaded with Zombies, Run!

Robert Waldmann hoists this from my comments: mcarson:

I am one of the winners in the Oregon lottery [winners could get Medicaid]. Going from no insurance to insurance is very confusing. When you have no money every health question starts with "would I rather live with this problem and have electricity, or treat this problem and keep my milk in a cooler for a month or so?" Stepping back into healthcare was like hopping on a merry-go-round. The doctor wanted to do test after test to come up with baselines for me, and I had a hard time showing up at the lab.

I hadn't been going to the doctor to find out new things about what was wrong with me. A huge part of living without insurance is not thinking about your high blood pressure damaging your kidneys. It takes a while to change that. It took me 6 months to change my level of co-operation with my doctor, and she said I was faster than many. Most people got into the groove about their 2nd physical. Then we had year-to-year values for blood tests and weight and blood pressure. Those numbers getting better helped.

I lost 40 pounds the first year, regained 15, and lost another 10 the next year. Now my doctor wants me to try for another 10 pound loss. I have gone from 3 blood pressure medicines to 1, and that's at a half dose. This whole time my blood pressure stayed the same, but dropping 2 pills and keeping the same score is a health upgrade. My blood sugar is still pre-diabetic, but diabetes is a progressive disease. If you keep your blood sugar at the same level for 2 years, you are making progress with managing diabetes. The study would have found me to make no progress, but my doctor thinks I have improved.

The last point is that diabetes and cholesterol are both food-based diseases. The Oregon Medicaid project enrolled very poor adults, I think the income cutoff was much lower than the SNAP benefit limit. So none of us have access to unlimited fresh fruit and low fat meat. We still eat nothing but carbs for most meals.

The mental health benefits are enormous. Changing how you eat and exercise is hard for everyone, but most people can throw a bit of money at the problem and grease their way. With no money for better food, no money for good shoes to go on walks, no rain gear, no walkman for listening to music as a distraction while walking, change is harder.

What I would like to see is a study that shows the changes in these measurements over a 2 year period for people who have insurance. People with insurance for the last 20 years are not always improving their health, either.

25 Apr 04:36

Combat juggling is a real thing and it is amazing

by Brad Plumer
Kevinrieder

Self-recommending.

Jason Kottke links to these ESPN highlights from the 2011 and 2012 combat juggling finals. Yes, it appears to be real:

Some more information from Wikipedia: “Combat or gladiator is a game played by jugglers. In its most typical form, a number of players juggle three clubs each, attempting to interfere with other players’ juggling, with the winner being the last to remain juggling three clubs — not necessarily those they started with.”

Tactics include:

  • Moving face-to-face with an opponent so the opponent gets confused about which clubs to catch. (Only works on novice players.)
  • Throwing one club high, and using the time to wave a hand or club in front of an opponent.
  • Turning around and backing into the opponent’s clubs.
  • Grabbing an opponent’s club out of the air, and either dropping one of your own clubs, or continuing with four clubs.
10 Apr 15:22

Buce on the Terrifying Map of Increasing Female Mortality in Red America

by J. Bradford DeLong
Kevinrieder

What's the ruling on my sharing a post which is a truncated re-post?

Underbelly: Red Counties: More on How the Poor Live:

[T]he Wichita Bureau updates on life in the trackless void that is Western Kansas:

KS counties in red are mostly what you’d expect – the odd part is NW Ks – where the main industry is I-70 (hotels, fleecing hunters and the only Starbucks in that corner of KS; we stayed in a motel out there on the way back from a trip to Denver – and each room has a sign warning against cleaning pheasants in the bathroom sink – they point out that there is a special area behind the motel for THAT). There are three little towns out there that are holding their own – but apparently not in healthcare. The two red counties in SE KS are quite familiar: Greenwood where we had a second home for years and Elk, the poorest county in the state, supposedly. Both are dominated by big land owners – ranchers and oil guys. the Koch family owns at least 5000 acres of prime grass land. I suspect they own the commission. Greenwood has a small county hospital (that mainly packages people up for the helicopter ride to Wichita) with a decent number of doctors – mostly DO’s and foreigners. There is absolutely no industry – and damn few restaurants. About the only significant employers are the county, school system and a cluster of nursing homes supported by Medicaire/Kancare…

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And Buce comments:

Kansas continues to lose population in a majority of counties. In some cases, if the current exodus continues, they will be down to negative population by 2020. From the stats (link), the influx of Hispanics is done. But a couple of counties (in blue) are now majority minority – More Hispanics and Somalis than Swedes.

He might have added that Western Kansas has a long history of standing at or near the top of the league tables for farm subsidies, though last time I looked, an awful lot of the checks went to post boxes in San Francisco.

And on Wisconsin!:

Meanwhile, here's an update on Wisconsin from UB's newly appointed stringer in Eau Claire:

That strip of red counties up through the center of Wisconsin is entirely predictable: these counties all lie between… the highways…. The most conservative and no-growing part of the state… not the greatest farm land either. There is just lots of swamp, scrub timber, brush and such…. These people just won't change, so their kids grow up and leave; they go to LaCrosse, Madison, Eau Claire, and the Fox Valley. By the way, Green Bay is a mess - lots of poverty (lots of Hispanics, Hmongs, etc.), but it is growing--the "two-class" society.

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And one last Buce comment:

I guess what intrigues me most in the red map is that strip of blue counties across Central California and the Rio Grande Vallley. Just guessing but it seems to me that it must be evidence that Chicas, i.e., women, punch above their grade when it comes to health care--that they are healthier, better taken care of (take better care of themselves?) than you might guess from income data alone.

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