Category Archives: Economics

Business, Economics, Media Criticism, Political Commentary, Social Commentary

General Kaus

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He takes the lead in fighting this stupid bill on “comprehensive immigration reform”:

It’s time for the ants to swing into action. The Gang of 8 bill can still be stopped. But there are not many days left to scare away the fence-sitting senatorial swing votes. Again, it’s not that they don’t know what the issues are. It’s not that they don’t have a pretty good understanding of what the polls say about public opinion (voters are split on the idea of reform, but they overwhelmingly want border enforcement to come first). It’s that they are insufficiently scared that a vote for the Gang’s complicated mess-whatever they think of it – will bring them punishment at the polls.

They need to be scared. Here are two ways to do it.

Go read it all, and get off your butts.

Business, Economics, Education, Media Criticism, Political Commentary, Social Commentary, War Commentary

Syria And Egypt

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They can’t be fixed:

Sometimes countries dig themselves into a hole from which they cannot extricate themselves. Third World dictators typically keep their rural population poor, isolated and illiterate, the better to maintain control. That was the policy of Mexico’s Institutional Revolutionary Party from the 1930s, which warehoused the rural poor in Stalin-modeled collective farms called ejidos occupying most of the national territory. That was also the intent of the Arab nationalist dictatorships in Egypt and Syria. The policy worked until it didn’t. In Mexico, it stopped working during the debt crisis of the early 1980s, and Mexico’s poor became America’s problem. In Egypt and Syria, it stopped working in 2011. There is nowhere for Egyptians and Syrians to go.

That first sentence could apply to us, on the route we’re on. If we allow the Democrats to remain in charge, it will be our fate, and sooner than later. We just have to hope that we’re not there already. And then there’s this:

This background lends an air of absurdity to the present debate over whether the West should arm Syria’s Sunni rebels. American hawks like Senators John McCain and Lindsey Graham, to be sure, argue for sending arms to the Sunnis because they think it politically unwise to propose an attack on the Assad regime’s master, namely Iran. The Obama administration has agreed to arm the Sunnis because it costs nothing to pre-empt Republican criticism. We have a repetition of the “dumb and dumber” consensus that prevailed during early 2011, when the Republican hawks called for intervention in Libya and the Obama administration obliged. Call it the foreign policy version of the sequel, “Dumb and Dumberer”.

Except it’s not funny. At all.

Business, Economics, Philosophy, Popular Culture, Social Commentary, Space, Technology and Society

Gardening The Universe

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A few weeks ago, I was invited to a gathering to hear the latest from Howard Bloom in downtown LA, but I had a conflict. But David Swindle attended, and has a report. (I did talk to Howard briefly a few days later, in San Diego.)

This –>

It became apparent again that I was the odd man out in the room. Most of the questions were phrased in explicitly secular terms.

Afterwards as Howard and a group of us sat around discussing, I raised my objection to the soulless, materialist focus. I drew a parallel between the groups who had sought to explore and settle the North American continent in the 1600s and those who should now seek to place their mark on the Moon, Mars, and the earth’s orbit.

I reminded Howard and the others that people came to the New World for varying reasons — capitalists eager to make money, the Crown eager to maintain power (primordial corporatists), science-minded explorers eager to discover what was out there, and one group unrepresented at the talk tonight, save for yours truly: the fanatical religious radicals wanting to live free of persecution as they built a godly, happy, counterculture community. It was this mix together that enabled the American experiment to begin and succeed.

People of faith — whether they interpret the Bible through Jewish, Christian, or mystic lenses — are called by God to transcend nature and rise upwards. The earth is not holy; it’s not our mother. As I’ve blogged about before, inspired by Glenn Reynolds’s An Army of Davids, the earth is just a rocky death trap. We can grow a better one ourselves.

To the degree that I have a religion, that’s pretty much it.

Business, Economics, Space, Technology and Society

Molecular Manufacturing And Space

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There’s a review of Eric Drexler’s new book over at The Space Review today.

I don’t agree with this (I assume that it’s his own opinion, not Eric’s):

APM will also make space colonization imperative, but for different reasons than for Eric Drexler’s original quest to find a solution to the impending global crisis posed by The Limits to Growth. What will the millions of people now involved in mining, manufacturing, distribution, retailing, transportation, and other services do if much less of these services will be required and most of them could be performed by robots? How will people earn a living if they can buy a desktop factory—something like a super 3D printer—and can produce most of what they need at home and no longer need to shop at Wal-Mart or Amazon? If people aren’t working and earning a good income they will no longer be able to buy stuff. Henry Ford recognized the problem and chose to pay his people well so that they could afford to buy his cars. By choosing to industrialize the Moon and colonize space, thousands and ultimately millions can be put to work earning a good income.

I think that this technology will enable space settlement, but I don’t see how in itself space settlement creates jobs, particularly for those who are becoming unemployable because they’re on the wrong side of the bell curve. That’s a big problem coming down the pike, and space isn’t a solution to it.

Business, Economics, Media Criticism, Political Commentary, Popular Culture, Social Commentary

Hollywood

Is it going out of business?

As late as 1981, Hollywood could still muster up enough energy to care what the audience thinks and want to please it. Today, the American moviegoer is anathema, particularly now that he’s no longer buying sufficient quantities of DVDs to support the lavish lifestyle of Hollywood elites, despite following the advice of Hollywood elites who told him to stop buying DVDs.

It certainly deserves to.

Business, Economics, Education, Media Criticism, Political Commentary

Student Loans

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…subsidize waste:

When students have little hope of completing an academic program, subsidies are not just a waste of taxpayers’ money, but a waste of these young people’s time and effort at a crucial age. Too often, they drop out with a sense of failure, poor work habits, and perhaps a sizeable debt.

In an era of scarce resources, ending pure need scholarships may cause low-income students to make wiser choices about their futures. It would be far better if, instead of floundering in an academic institution, they learned a trade, entered the military, or gained work experience. If they really wish to pursue a bachelors’ degree, they can prove themselves worthy of scholarship money by taking classes at low-cost community colleges first.

Like most well-intentioned government programs, this is a disaster.