Paul ([info]happyfunpaul) wrote,
@ 2009-04-24 09:00:00
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[links] various political and economic
I'm keeping track of these mostly for my own benefit, but feel free to watch/read/listen:


A half-hour speech by Andrew Napolitano covering the history of abuses against the Fourth Amendment, given October 2007. (The video is at the bottom and I can't figure out how to link to it separately. The rest of the page is a Nick Gillespie overwrought screed.)

Supreme Court limits warrantless vehicle searches (an actual small bit of good news)

Court Debates Strip Search of Student, in which the Supremes supposedly attempt to balance privacy vs. safety of the students. Sounds semi-reasonable until you get the details:
The (school) officials were acting on a tip from another student and were looking for prescription-strength ibuprofen, a painkiller. They made Ms. Redding strip to her underwear, shake her bra and pull aside her panties. The officials, both female, found no pills.
What has it come to, that anyone takes those school officials' case seriously?


How the Crash Will Reshape America by Richard Florida, from The Atlantic. It's a nice piece that combines speculation about the long-term effects of the economic crash with an analysis of government's role in causing it (in particular, the long-time fetishization of homeownership). The article ends oddly, though-- having just explained all the ways in which government messed up by warping the economy, the author then proceeds to suggest new and different ways for the government to mess up by warping the economy.

Richard Posner on the New Depression


More of a science link, but with political overtones: NY Times book review of "Intelligence and How to Get It" by Richard E. Nisbett (a prominent cognitive and social psychologist, and one of my mentors back at U. Michigan), which is essentially a well-researched reply to Richard J. Herrnstein and Charles Murray's “The Bell Curve” (1994) and Arthur R. Jensen's “The g Factor” (1998). In a sense, I got a preview of the book back in 1994 just talking to Dick after we listened to Charles Murray give a talk at U. Toledo, so I'll definitely be getting this one.

5 psychological experiments that prove humanity is doomed, a snarky review of some major social psych studies.


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[info]quezz
2009-04-24 02:19 pm UTC (link)
I read the New Depression article this morning -- the other I read previous to this post. I wanted to comment on the New Depression article:

I LIKE what he has to say on the renting versus owning issue, with two small objections:

1) We have traditionally tied our retirements to downsizing. Under Florida's model, saving might become too intense, because renters have little equity in the long run without intensive saving. With the demise of Social Security, equity is only going to become more important. If you look at China as an example, too much saving slows down the economy -- China's economy might have moved even faster had the Chinese not been so intent on hoarding. Scary thought, I know, but true.

2) If homeownership is de-emphasized NOW, that will harm the trend towards eco-friendly building. Most of the experiments on it happen in private housing projects. I would be against losing that industry -- in the long run, we need to rebuild our infrastructure to save more energy and produce alternative energy. I can tell you from personal experience that very few major housing projects are experimenting with eco-friendliness -- they are meant for short-term profit, and R&D is far from that. I would like to see an established set of eco-friendly building norms, then a reprioritization of home ownership.

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[info]madfilkentist
2009-04-24 02:28 pm UTC (link)
An economy that moves fast isn't necessarily a sound one. Saving builds capital, since "deposits" are really loans to financial institutions, while excessive encouragement of spending can lead to reckless investments (as has been shown dramatically in the past year).

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[info]quezz
2009-04-24 02:56 pm UTC (link)
Agreed, but there is a balance here.

I can see from what I wrote why I could be interpreted as favoring fast economic growth. It wasn't what I was thinking when I wrote it, but oh well, I'm not perfect, durn. :) There is such a thing as excessive saving that slows down growth too much. If capital is not invested in reasonable drubs, you have problems too. Oversaving leaves money in the fists of individuals, and does not allow for a reasonable amount of risk in investing.

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[info]his_regard
2009-04-24 09:22 pm UTC (link)
Re: the Good Samaritan experiment --

Having a personal experience close to the "woman in the street" example, I can relate that a quick calculation of self-preservation vs. greatest potential aid can be just as much a reason for ignoring the injured as apathy.

You've heard that story about me and Cullen, yes?

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[info]happyfunpaul
2009-04-25 11:06 pm UTC (link)
Don't think so... do tell!

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