Orrin Judd

ALWAYS TAKE THE DRUNK’S KEYS:

Milei’s dollarisation plan isn’t as crazy as it sounds (Ben Ramanauskas, 11/28/23, Cap X)

As the great economist Simon Kuznets once said, ‘There are four types of countries in the world: developed, underdeveloped, Japan, and Argentina’. The economy of Argentina continues to confound economists. Despite once being one of the wealthiest nations on Earth, it is now an economic basket case which experiences endless cycles of borrowing, money printing, high inflation, and default due to the failed policies of its politicians – and it is the ordinary people who see their livelihoods destroyed. There is nothing normal about Argentina’s economy.

Moreover, an independent central bank only works if it is actually independent and run by competent officials. This is hardly the case with Banco Central de la República Argentina. It has enabled successive governments in their profligacy by excessive money printing which has led to inflation of over 142%.

Dollarisation is perhaps the only thing which can help to put an end to Argentina’s rampant inflation. Milton Friedman wasn’t quite right when he said that inflation is always and everywhere a monetary phenomenon. However, he was spot on with Argentina. The central bank has printed so much money that the peso has been completely debased. Replacing it with the much more valuable US dollar would help to put an end to this and get inflation back under control.

This is not just economic theory – the experience of other countries show that this can work. El Salvador, Ecuador, and Panama which have all dollarised and Peru which has semi-dollarised all have the lowest inflation in the region, and the fully dollarised nations have seen their GDP per capita surpass that of Argentina in recent years.

THERE IS NO UNITED KINGDOM:

Britain must end its illegal occupation of the Chagos Islands (Peter Harris, 11/28/23, Cap X)

The case for decolonization is strong. As described in a scathing advisory opinion from the International Court of Justice, Britain’s administration of the Chagos Islands is straightforwardly ‘unlawful’. An overwhelming majority of the world’s governments agree, with 116 of them backing a UN General Assembly resolution in 2019 that called upon London to end its illegal occupation of the archipelago.

Let the islanders determine.

WITCH HUNTS ARE A FUNCTION OF WITCHES:

Bans work, actually: On the myth of authoritarian ineffectiveness (Ellen Pasternack, 14 September, 2023, The Critic)

Opponents of a ban — which, perhaps surprisingly given the number of pet deaths attributable to American bullies in recent months, include the RSPCA and the Dogs Trust — make a number of arguments. Firstly, there’s denial that any one breed is more predisposed to violence than any other: either pointing out that “all dogs can bite”, or arguing that “it’s the owner, not the breed”. Next, there’s the suggestion that “breed-specific legislation” won’t work anyway, because people will ignore it, or because various technicalities will supposedly make it difficult to enforce.

This is nonsense: breed-specific legislation has been very effective at minimising risks to the public from dogs over the three decades it has been in place. Pit bulls are one of the prohibited breeds in the UK; in the USA, where they are generally not subject to restriction, fatal dog attacks per capita are twice as high, with attacks by pit bulls more than making up the difference.

Republican citizens are rather law-abiding.

GET CARTER:

THE WHITE PRIORY MURDERS, A CHRISTMAS MYSTERY THAT DESERVES TO BE REMEMBERED (Martin Edwards, 11/28/23, CrimeReads)

The White Priory Murders is an “impossible crime” novel by the master of the locked-room mystery, John Dickson Carr, masquerading as Carter Dickson, the name associated with his stories featuring Sir Henry Merrivale. Originally published in 1934, this was Merrivale’s second recorded case, written with youthful verve at a time when the author was still in his twenties.

This is a mystery set in the run-up to Christmas, and the presence of snow on the ground provides the scenario for the paradox at the heart of the book. How could someone be beaten to death in the Queen’s Mirror pavilion, when it is surrounded by snow, and there is just one set of footprints leading to the pavilion, and none leading away? […]

Sir Henry Merrivale, often called “H.M.” or “the old man,” had made his debut in a locked-room-mystery novel published earlier in 1934, The Plague Court Murders. When writing that book, Carr envisaged the official police detective Masters would take centre stage. Merrivale only enters the story half-way through. […]

Sir Henry Merrivale was a baronet and a man of varied accomplishments. A qualified physician, he was also a barrister, as we see to dramatic effect in The Judas Window (1938), widely acknowledged as one of the finest locked-room mysteries ever written. Initially characterized as “a fighting socialist,” he eventually shifts his political affiliations to fall in line with Carr’s conservative worldview. During the First World War he served as head of the British counter-espionage operations (earning the nickname “Mycroft”), and he continued to hold this post in the post-war era. Secret service work plays a part in three of his recorded adventures, The Unicorn Murders (1935), The Punch and Judy Murders (1936), and And So To Murder (1940), but his greatest gift is for detecting ingenious crimes and unravelling the puzzles which arise from what he calls “the blinkin’ awful cussedness of things in general.”

Carr took a great deal of care when constructing his intricate plots, but like most crime writers responsible for a long series, he proved fallible on matters of detail about his protagonist. He admitted in a letter to Smith that: “Errors or contradictions…abound in H.M.’s saga… During the nineteen-thirties, being young and full of beans, I was grinding out four novels a year.” As for bringing Merrivale back to life, he said: “Many readers seem fond of…the old gentleman… I also am fond of him. But that’s just the trouble. For many years certain critics…have been bewailing my ‘schoolboy’ sense of humour. H.M. usually enters the story with a rush and a crash, heels in the air. Once, in an unwise moment, I gave the date of his birth: February 6th, 1871. If he were alive today he would be ninety-six years old. His customary antics at so venerable an age would be as inadvisable for him to perform as for me to chronicle.”

The audio is available at Internet Archives.

THERE IS NO PRO-LIFE PARTY:

Putting Floridians at Risk (PAUL OFFIT, NOV 27, 2023, Beyond the Noise)

Ladapo also claimed that Covid boosters are unsafe, stating that, “mRNA COVID-19 vaccines present a risk of subclinical and clinical myocarditis and other cardiovascular conditions among otherwise healthy individuals.” A vaccine is considered to be safe if it’s benefits clearly outweigh its risks. But no vaccine—indeed no medical product—is absolutely safe. Myocarditis, or inflammation of the heart muscle, occurs in about 1 in 100,000 mRNA vaccine recipients. Myocarditis following Covid infection occurs in roughly 1 in 5,000, a 20-fold increase compared with vaccination. Also, whereas myocarditis following vaccination is typically short-lived and self-resolving, myocarditis caused by Covid is more serious. Therefore, regarding myocarditis, the benefits of mRNA vaccination outweigh the risks.

Ladapo’s recommendation to boost everyone over 65 doesn’t make sense. First, if he believes that Covid boosters are ineffective and unsafe, then he shouldn’t recommend them for anyone. Second, if Ladapo believes that boosters should be targeted only to those at greatest risk, why limit the vaccine to those over 65. Other groups are also at risk, such as people with comorbidities such as obesity, diabetes, heart disease or lung disease or people who are immune compromised or people who are pregnant. Third, technically, everyone over 65 is not necessarily at high-risk of severe Covid. Recent data from the CDC showed that 99 percent of those over 65 hospitalized with Covid have at least one comorbidity and 90 percent have at least two. By recommending the vaccine for otherwise healthy people over 65, Ladapo is including many people who are less likely to benefit.

In the name of standing up to the “Washington edicts,” Governor DeSantis and his state’s Surgeon General have put many Floridians at unnecessary risk and inexplicably offered the vaccine to some who are not at high risk.

…AND CHEAPER…:

Arizona solar canal project aims to save water while making power (Loz Blain, November 23, 2023, New Atlas)

Not only will the solar panels generate up to one megawatt of power for the Gila River Indian Community, they’ll also provide shade for the water below, helping keep water in the canals rather than letting the baking desert heat evaporate it away. Viewed as a solar farm, it should be considerably cheaper, since no land needs to be acquired.


Furthermore, the water will help cool the panels, increasing their efficiency and creating a ~3% boost to power production, according to Professor Roger Bales, who wrote about the California project for The Conversation in 2022. In a study published in 2021, Bales and his team argued that “covering all 4,000 miles of California’s canals with solar panels would save more than 65 billion gallons of water annually by reducing evaporation,” while generating up to 13 GW of renewable energy in a distributed fashion that could cut down on transmission losses.

EVERYTHING OLD IS NEW AGAIN:

Terry Venables: the gambler of Euro 96: The England manager embodied an era of optimism (JONATHAN WILSON, 11/27/23, UnHerd)

It would be an exaggeration to say that modern football was born amid the battle between QPR and Watford for promotion from Division Two in the early Eighties, but in their rivalry was encapsulated a key fault line that continues to shape football today. Watford were managed by Taylor, Venables’s predecessor as England manager. When he took over Watford in 1977, they were in the Fourth Division. Within six years, he had taken them to second in Division One. His football then was, as he cheerily admitted, rudimentary: he had his players knock the ball in behind the opposing full-back, then had his side press to try to regain possession in dangerous areas, relying on an aggressive offside trap to offer defensive solidity.

Taylor said that each time his side got promoted he expected to be found out, but that it wasn’t until playing Sparta Prague in the Uefa Cup in 1983 that anybody did, largely because the Czechoslovak defenders had the technical ability not to panic when put under pressure. With better players, he amended his approach to an extent, but he remained always of a school that saw football as a game of chaos, and pressing as a way of guiding that. Venables, in seeking to impose order, was the cerebral Pep Guardiola to Taylor’s Klopp.

NOR WOULD LEE LISTEN TO LONGSTREET:

Austerlitz: The Story Of How Napoleon Crushed The Austro-Russian Army (Ian Castle, December 2023, History Today)


The problem facing Napoleon was his urgent need to bring this Austro-Russian army to battle. His greatest fear was that the allies would withdraw to the east, forcing him to extend his already precarious line of communications even further as the biting cold of an eastern European winter took hold.

And it was a move such as this that Kutuzov, commander of this new combined army, advocated. Yet the final decision was no longer his to make. Tsar Alexander rode into Olmütz along with the reinforcements, determined to join his army at the front and lead it to victory. It was the Tsar who would decide the future direction of the army.

A council of war took place in Olmütz on 24 November, during which Kutuzov outlined his plan for a retreat towards the Carpathian mountains, leaving a wasteland in his wake to deter pursuit. By gaining time in this way he hoped to draw in General Bennigsen’s distant army to further boost his strength. Other officers put forward ideas for a withdrawal into Hungary or Bohemia to join forces with approaching allied formations. However, all supported a common theme: that of retreat.

But the presence of the Tsar diluted the authority of these generals. Surrounded by his own circle of sycophantic advisors and would-be military experts, Tsar Alexander, without any military experience, willingly accepted their analysis that the French were over-extended and vulnerable. This, they advised him, was his best chance to cross swords with the man recognised as the greatest soldier of his age, and win. Flattered and entranced by what he heard, Alexander overruled Kutuzov and took the decision to fight. Such was the standing of the Tsar in Russian society that no one felt inclined to oppose his wishes. It was just the decision Napoleon desired.

HATING GREENS WON’T SAVE GAS:

Case for gas as transition fuel falling apart on both economic and environmental costs (Rachel Williamson, 27 November 2023, Renew Economy)

The Australasian Centre for Corporate Responsibility​ (ACCR) today released financial modelling that shows Australia’s LNG projects did not generate value for shareholders.

The report, “Australia’s LNG growth wave – did it wash for shareholders?” analysed returns from Woodside’s Pluto project, Chevron’s Gorgon and Wheatstone projects, the three east coast LNG plants supplied by coal seam gas, Inpex’s Ichthys project and Shell’s Prelude.

It found these projects collectively eroded $US19 billion of shareholder value by requiring extra investment for running 35 per cent over budget and behind schedule, according to data from Rystad.

Only Gorgon has delivered a positive return to shareholders – the report did not specific how much but says it has achieved an estimated 10 per cent Internal Rate of Return.

Across the LNG industry, cost overruns and delays will see the industry deliver a negative $US1.8 billion return to shareholders, compared to

None of the projects are delivering returns that meet the cost of capital – even in the boom times, says ACCR lead analyst Alex Hillman.

TO BE FAIR, TRUTHFULNESS UNDERMINES THE RIGHT’S ENTIRE IDEOLOGY:

From Niagara Falls to Texas to Gaza, a horrifying look into the abyss of a post-truth future (Will Bunch, Nov. 26th, 2023, Philadelphia Inquirer)

No one can fault the FBI or other agencies for investigating whether this was some type of terror attack, given the location of the accident at a key border crossing, the timing — perhaps the busiest travel day of the year — and the spectacular nature of the explosion. What’s inexcusable, however, was the rapid reporting of the most extreme speculation as fact, and the large number of supposedly responsible politicians willing to run with those untruths.

“What I’ve been told is that this was an attempted terrorist attack,” said Alexis McAdams, a correspondent for Fox News, the right-slanted network that despite a series of scandals and mishaps is still the most-watched cable news channel. Reporting just two and a half hours after the crash, McAdams added that her law enforcement sources believed that the motorists — in reality, remember, two middle-aged KISS fans — “have packed that car full of explosives.”

Thus, the “reputable” Fox News was adding the meat of confirmation to what a frothing right-wing echo chamber on social media was already proclaiming: The “blast” mean a network of terrorists is poised to enter America not only from the south but from the north, thus proving — in their minds — the inherent weakness of President Joe Biden’s border policies. And there was an army of political demagogues eager to run with a false meme.

“We need to lock down the borders immediately,” GOP Rep. Anna Paulina Luna of Florida posed on X/Twitter Wednesday. “Full deportation efforts need to begin. The U.S. does not need to be the world’s hospitality suite any longer.” Added another Florida Republican, Rep. Byron Donalds, in a now deleted tweet: “Open borders, soft-on-crime policies and bending a knee to the woke P.C. mob is an inevitable threat to our nation and its people. Today’s apparent terrorist attack must be a wake-up call to all Americans.”

The website Meidas Touch published a list of more than 30 Republican officials or right-wing luminaries who tweeted similar sentiments and occasionally embellished their posts with new made-up details, like the discovery of an Iranian passport at the crash site. Some of these posts are still up, days after it became clear that the Niagara Falls crash was just a horrific tragedy and not the far-right’s fever dream of Islamic jihad to justify a repressive response. Others, including Fox News, have ripped yet another page from George Orwell’s 1984 — tossing their initial reporting down a memory hole.

Unfortunately, their mission had already been accomplished.