Category Archives: Economics
The Starship Enterprise
ObamaCare isn’t one:
The technocratic idea is that you put a bunch of smart, competent people in government — folks who really want the thing to work — and they’ll make it happen. But “smart, competent people” are not a generic quantity; they’re incredibly domain-specific. Most academics couldn’t run a lemonade stand. Most successful entrepreneurs wouldn’t be able to muster the monomaniacal devotion needed to get a Ph.D. Neither group produces many folks who can consistently generate readable, engaging writing on a deadline. And none of us would be able to win a campaign for Congress.
Yet in my experience, the majority of people in these domains think that they could do everyone else’s job better, if they weren’t so busy with whatever it is they’re doing so well. It’s the illusion of omnicompetence, and in the case of HealthCare.gov, it seems to have been nearly fatal.
Remember, Obama was a better speech writer than his speech writers, knew policy better than his policy advisors, would make a better chief of staff than his chief of staff. He is the Dunning-Kruger effect personified.
ObamaCaliforniaCare
As is noted there, Krugman told us Enron was working fine, too.
23 And Me
I think that the FDA is a much greater danger to public health than DNA testing. It needs to be reined in.
Ten Questions For Al Gore
Earlier this year in an interview with the Globe and Mail you described Canada’s development of the oil sands as the equivalent of treating the atmosphere like an “open sewer.” What do you have to say about the findings of Canadian climate scientist and lead UN IPCC author Andrew Weaver, and his colleague Neal Swart, published in the journal Nature, that even if Canada developed all the commercially viable oil in the oilsands, global temperatures would rise by an insignificant 0.03 degrees?
It’s frightening how close this pompous hypocritical math-challenged fool came to being president.
Politicians And Technology
Why they don’t know how to deal with technical messes:
All appearances to the contrary, the managers involved in this debacle aren’t dumb. But they come from a background — law and politics — where arguments often take the place of reality, and plausibility can be as good as, or better than, truth.
What engineers know that lawyers and politicians often don’t is that in the world of things, as opposed to people, there’s no escaping the sharp teeth of reality. But in law, and especially politics, inconvenient facts are merely inconvenient, something to be rationalized away.
When our country has accomplished great things in the past, there has usually been a great engineer running the program: Hyman Rickover with the nuclear submarine program, or Wernher von Braun with the Apollo space program, for example. Rickover and von Braun were famously stern taskmasters, but they did not substitute wishes for reality.
Which may be why they were able to launch submarines, and rockets that astounded the world. While today, we can’t even launch a website.
Of course, they ignore economic reality as well.
Which Way To Space?
Joel Achenbach writes about “old” space versus new.
The Dishonesty Of Obama
“They’re lying about everything now.”
They have to. It’s all they have.
The Hunger Games
Five reasons childish leftists (if that’s redundant) love it.
The Ratchet Of History
The Democrats just nuked it.
I was thinking that myself yesterday, though not in as quite vivid terms.
[Saturday-morning update]
Six questions about the Senate’s nuclear winter.
[Update a few minutes later]
The Senate goes MAD.