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Archives for Joe Martin (page 51 / 86)

Home Sales Data Doubted - WSJ.com

Home Sales Data Doubted - WSJ.com →

The housing crash may have been more severe than initial estimates have shown.

The National Association of Realtors, which produces a widely watched monthly estimate of sales of previously owned homes, is examining the possibility that it over-counted U.S. home sales dating back as far as 2007.

The group reported that there were 4.9 million sales of previously owned homes in 2010, down 5.7% from 5.2 million in 2009. But CoreLogic, a real-estate analytics firm based in Santa Ana, Calif., counted just 3.3 million homes sales last year, a drop of 10.8% from 3.7 million in 2009. CoreLogic says NAR could have overstated home sales by as much as 20%.

If true, that is definitely not good. It's going to take a whole lot longer than we thought to get back to a healthy housing market, if the number of unsold homes is a lot larger than we think it is.

This entry was tagged. Housing Market

Did the Madison Union Strike Illegally?

This morning, on Facebook, I said that I was glad that the teachers would be ending their illegal strike tomorrow. But have Madison's teachers been illegally striking? After further research and reflection, I don't think they have been but I do think their actions came very close to a strike. A strict reading of the law kept their actions from being a de jure strike. I do believe that their actions constituted a de facto strike, however and violated the spirit of the law that allows public sector employees to unionize.

Wisconsin law governs public sector unions. Specifically, Chapter 111 governs Employment Relations. Subchapter I deals with keeping the peace, Subchapter IV deals with municipal employment relations, and Subchapter V deals with State employment relations.

Chapter 111.01 deals with the general goals of the law. One of the primary goals is to keep the peace between workers and employers, to the benefit of everyone else.

111.01(2)

Industrial peace, regular and adequate income for the employee, and uninterrupted production of goods and services are promotive of all of these interests. They are largely dependent upon the maintenance of fair, friendly, and mutually satisfactory employment relations and the availability of suitable machinery for the peaceful adjustment of whatever controversies may arise. ... It is also recognized that whatever may be the rights of disputants with respect to each other in any controversy regarding employment relations, they should not be permitted, in the conduct of their controversy, to intrude directly into the primary rights of 3rd parties to earn a livelihood, transact business, and engage in the ordinary affairs of life by any lawful means and free from molestation, interference, restraint, or coercion.

It's pretty clear that one of the goals of allowing public employees to unionize was to ensure that disputes could be handled in an orderly way, without inconveniencing everyone who depends on the work that the state and municipal employees do.

As the law continues, Chapter 111.06 starts to lay out what "unfair labor practices" are, both for the employer (1) and for the employee (2). I'll quote some of the unfair labor practices, for employees.

(c) To violate the terms of a collective bargaining agreement, including an agreement to accept an arbitration award.

I'd argue that, per the terms of the CBA for Madison's teachers, calling in sick to attend a protest meet this definition of an unfair labor practice.

(e) To cooperate in engaging in, promoting or inducing picketing that does not constitute an exercise of constitutionally guaranteed free speech, boycotting or any other overt concomitant of a strike unless a majority in a collective bargaining unit of the employees of an employer against whom such acts are are primarily directed have voted by secret ballot to call a strike.

Given that no strike has been called, I think the teachers who -- by their absence -- forced schools to close have engaged in unfair labor practices towards their fellow teachers. The teachers are arguing that their actions are merely an exercise of constitutionally guaranteed free spech. I don't know that I agree. Not when a large minority of teachers are acting collectively, with the approval and encouragement of the union, to shut down the schools.

Now, let's move specifically to Subchapter IV, Municipal Employees. Section (1)(i) and (1)(j) make it clear that teachers are muncipal employees since they are employed by school districts. Section (1)(nm) defines a strike, for municipal employees.

"Strike" includes any strike or other concerted stoppage of work by municipal employees, and any concerted slowdown or other concerted interruption of operations or services by municipal employees, or any concerted refusal to work or perform their usual duties as municipal employees, for the purpose of enforcing demands upon a municipal employer. Such conduct by municipal employees which is not authorized or condoned by a labor organization constitutes a "strike", but does not subject such labor organization to the penalties under this subchapter.

What we had in Madison last week was a concerted stoppage of work by municipal employees for the purpose of enforcing their demands that the Governor alter the Budget Repair Bill. Because the unions didn't call a strike, the union itself isn't subject to penalties but individual teachers could be. Because the teachers were demonstrating against the State, not the municipal employer, their actions do not directly meet the definition of a strike.

Section (3)(b)(4) repeats the general prohibition against violating the current CBA. Section (4)(L) bans strikes by municipal employees.

Except as authorized under par. (cm) 5. and 6. c., nothing contained in this subchapter constitutes a grant of the right to strike by any municipal employee or labor organization, and such strikes are hereby expressly prohibited. Paragraph (cm) does not authorize any strike after an injunction has been issued against such strike under sub. (7m).

Section 7m lays out the process for ending a strike.

Section (7m)(a)

At any time after the commencement of a strike which is prohibited under sub. (4) (L), the municipal employer or any citizen directly affected by such strike may petition the circuit court for an injunction to immediately terminate the strike. If the court determines that the strike is prohibited under sub. (4) (L), it shall issue an order immediately enjoining the strike, and in addition shall impose the penalties provided in par. (c).

Section (7m)(c)(2)

‘Individuals.’ Any individual who violates sub. (4) (L) after an injunction against a strike has been issued shall be fined $10. Each day of continued violation constitutes a separate offense. After the injunction has been issued, any municipal employee who is absent from work because of purported illness is presumed to be on strike unless the illness is verified by a written report from a physician to the municipal employer. The court shall order that any fine imposed under this subdivision be paid by means of a salary deduction at a rate to be determined by the court.

The Madison School District thought that these sections of law applied. They filed suit on Friday, in Dane County Circuit Court, to have the work stoppage declared a strike and to get an injunction against the strike. MTI, the local union, did argue that the stoppage wasn't a strike.

In court, MTI lawyer Lester Pines argued it was not a strike because the union made no demands against the district, a requirement for a strike under state law.

Instead, he said, teachers were exercising their First Amendment right to express their feelings about Gov. Scott Walker's plan to limit collective bargaining.

"To do so they may be subjecting themselves to discipline, to having their pay docked, but they are making that choice individually," Pines argued.

A hearing was scheduled for Monday morning but it was canceled / postponed when the teachers indicated that they would return to work on Tuesday.

I'm forced to agree that the teachers weren't technically striking, since they were protesting the actions of the State not the actions of the Madison School District. Morally, I believe the unions did engage in a strike. It didn't, quite, meet the legal definition of a strike but it came right up to the boundary. The State doesn't directly employ teachers but it does set the overall policy and rules for how school districts employ teachers. Thus, I think of the State as a related employer (a grandparent employer?). The arguments presented during the last 6 days of protest certainly sound like the arguments that striking employees would make against an employer. These demonstrations were done for the purpose of demonstrating the unions' power and attempting to force the government -- at all levels -- to agree to their demands.

I do believe the individual teachers are guilty of violating 111.70(3)(b)4. They're only innocent of violations to 111.06(2)(e) because their demonstrations were against the State instead of the municipal government.

So, I was wrong. Legally, the unions are clear. The individual teachers are guilty only of violating their own collective bargaining agreement.

Unions and the "Rights of the Workers"

I took a lot of heat after my last post, Are Teacher's Overpaid?. That's okay. I'm used to it. Let me quickly reiterate my main point from that post: I have no idea idea whether or not teachers are overpaid. Without a functioning marketplace for teachers and employers, it's impossible to know if teachers are overpaid or underpaid. What we really need in education is more information. And only a switch away from a monopoly educational system will give us that. We can start arguing over pay after we get a market.

I was told that, given the hours teachers work and the bureaucracy teachers deal with, it's only common sense that teachers are underpaid. I was told that I didn't need a market to tell me what any teacher could tell me. I was told that teachers take the jobs they do because they don't have any choice and they endure horrific working conditions because they truly believe in education.

Well, most jobs are crappy in some degree or another — just ask the poor sucker actually working the job. By that logic, should everyone get an awesome salary and gold-plated benefits? Who decides whose job is suckier, to merit awesomer pay? This is why you need a market, to settle those questions openly. And, of course teachers will tell you that they're underpaid. How many people really, honestly, say "Nope. I'm well paid. Give my raise to someone else" or "Nope. I'm overpaid. Want 5% back this year? It really wasn't my best effort, you know."

If teachers were as underpaid as they constantly claim, they'd leave for a different job. Period. They do have choices. Every teacher I've ever met has the smarts and skills to succeed in a different field, if they wanted to. They're not trapped in a job that they're being forced to work in. They're not slaves. They can leave anytime they want.

Don't misunderstand me here. I am saying teachers are whiners. I'm not saying that teachers are the only employees that whine about working conditions. I'm saying that every worker in every industry is a whiner. Even in my industry. Especially in my industry. I've been part of after-work bull sessions where we all gripe about how unfair we have it and how we're being worked like Mike Vick's dogs. We whine. And yet we still like our jobs enough to go back and do it with a mostly cheerful heart. Whining proves nothing. Actions prove words.

Actions like quitting. That's serious. If enough teachers leave, schools will have to offer wages sufficiently high enough to entice the teachers back. Salaries and benefits will rise. That's exactly the way it works in any other sector of the economy.

I've been accused of listening to someone cry "Fire!" from a burning building and merely responding with a callous "Move somewhere else!". I've been accused of telling teachers to just "Shut up and teach". But neither accusation is true.

The implication is that if I hear a shout of "Fire!", I should immediately spring into action. I disagree with that. If someone is shouting "Fire!", I'd first look to see if there was, in fact, a fire. If there wasn't, I'd shrug and move on. Performance art, or something, you know? You would too, unless you wanted to join in the art performance.

I also don't think teachers should just "Shut up and teach". I fully believe in the right of any worker to quit any job that he or she thinks is unjust or unfair. I fully support the right of every worker to quit a job and move to another job that has better pay, better benefits, a better work environment, more job satisfaction, or that's just more convenient.

Teachers and other public employees should have exactly the same rights as any other employee in any other sector of the economy. No one is chaining them to their desks, forcing them to work. No once is "forcing them to bend over and take it in the ass". They can leave. The same way I can leave my job, if my benefits and salary get slashed below a level I'm willing to accept.

When 40% of teachers start walking off of the job for good, I'll gladly admit that they're underpaid and start working to figure out what pay and benefit package they do want. But they're not doing that.

Sadly, most teachers have only themselves to blame for the fact that their education work choices are limited to the government or the government. Through the unions, they constantly fight any attempt whatsoever to end government monopoly control of education. They scream to the high heavens whenever someone talks about introducing multiple employers into the education world (through Charter schools, voucher schools, or through increased scholarships to privates schools). Then they scream to the high heavens when that one employer (the local School District or the State) talks about doing something they don't like. It's short sighted.

There are no other employers to compare the government to, to help decide whether or not teachers are being abused. That's why teachers need a market with more than one employer. A market where they would actually have multiple businesses competing to hire them. Then they could have a choice of employers, pay packages, benefits, etc.

I'm perfectly willing to pay teachers more. I'm eager to pay great teachers a lot more. But, before I do, I want proof that the extra money is actually needed. Especially since that money comes out of my property taxes each and every year. If there were more employers, if teachers supported ending the employer monopoly, there would be proof. They could say "Hey, pay me more or I walk across the street to accept a job that pays 10% more and gives me a TA to help with the workload".

And, you bet anything you want, I'll send my kids to the schools that gives teachers a nice pay/benefits package and has happy teachers teaching good classes. Absolutely I would. I'm a Mac user for Pete's sake. I've bought 3 Toyota's in a row. I hardly ever pick the cheapest option when I'm looking to buy something new. I buy quality. I've always bought quality and I'm completely willing to pay for it.

I'm talking favorably about taking away some power from a union — not from teachers themselves — that has tried to block every single major reform proposal set forth over the last 30 years. Charter schools. Voucher schools. Virtual (online) schools. Teacher merit pay. Teacher quality rankings. Alternative routes for teacher certification. Every. Single. One.

The union does not want quality. It wants higher pay for teacher's doing the exact same thing thing that they've always done. It won't allow progress. It won't allow change of any kind. It just wants me to fork over more money for salaries year after year.

Again. Teachers are complaining because the monopoly employer is offering a pay package that they think sucks. And everytime someone proposes ending the monopoly employer and giving teachers a choice of employers with a choice of pay packages, they throw a temper tantrum and demonize the person who suggested doing so.

I've wanted teachers to have a choice of employers for 15 years. I've wanted schools, that have less bureaucracy and better working conditions, to have a chance to thrive. I've wanted schools where parents can have more of say in policies and where parents and teachers can have better working relations.

Who's really being unreasonable here?

Are Teachers Overpaid?

Are teachers underpaid or overpaid? I have absolutely no idea. And, let's face it, you don't really know either. No one can. Without a market to create information, no one can possibly know how much money a teacher is worth.

Markets create information through the process of hundreds or thousands of individuals bidding for jobs. As each individual looks for a job, she or he generates information about what salary they'd love, what they'd like, what they're willing to accept, what they'll grudgingly accept, and what they won't accept under any conditions.

Markets also create information through the process of hundreds or thousands of businesses bidding for employees. As each employer looks for employees, it generates information about what salary they'd love to pay, what they'd like to pay, what they're willing to pay to get the teacher they really want, what they'll reluctantly pay if they have to, and what they won't pay under any circumstances.

This two-way flow of information allows people to quickly see how much a particular job is worth and how much a particular employee is worth. This information can't be created any other way. Only through a market.

Education, for the most part, lacks this market. Somewhere around 85% of all students attend public schools. (10% attend private schools and 5% are homeschooled.) Public schools are a government run, monopoly provider. If you are a teacher, there aren't really a lot of options about which employer you'll work for. You can, to some extent, pick which district you'll work for, but most of the districts tend to have similar benefits and pay packages. So, there's not much (any?) competition among employers, for employees.

School districts face a similar problem. The huge, vast, overwhelming number of teachers in the U.S. are unionized. Every teacher gets the exact same employment package, working under the exact same rules. There is little competition, among teachers, for the best job.

Without competition and choce, there is no information. Without information there is no knowledge. How much is a teacher worth, in salary? No one knows. Teachers have never truly competed for the top jobs and school districts have never really competed for the top teachers.

Teachers today could be vastly overpaid and in need of severe pay cuts. Or teachers today could be vastly underpaid and in need of massive raises. Until there's true competition in the labor market, we'll never know which is true.

Harry Potter and the Methods of Rationality

I didn't intend to read this. I really didn't. But, well, now I can't put it down.

"Harry Potter and the Methods of Rationality" is a fanfiction retelling of Harry Potter. It takes place in an alternate universe in which Harry Potter was raised by loving foster parents who instilled in him a great love for science, rationality, and continuously questioning everything around him. He attends Hogwarts, but attends determined to figure out what in the name of Isaac Newton is going on and how, exactly, magic fits into a rational, scientific universe. The results are rather hilarious.

I discovered the story while reading Eric S. Raymond and loved his capsule description.

Read it and laugh. Read it and learn. Eliezer re-invents Harry Potter as a skeptic genius who sets himself the task of figuring out just how all this “magic” stuff works. The science is real – it really would be a lot harder to explain transformation from a human into a cat than mere levitation, for example. When Harry, confronted with a magical time-travel device, is immediately terrified that he might be holding an antimatter bomb, this is actually a more justified fear than many readers may understand.

But the characters are not slighted. Eliezer is very good at giving them responses to the rather altered and powered-up Harry that are consistent with canon. The development of Minerva McGonagall is particularly fine.

Strongly recommended. And if you manage to learn about sources of cognitive bias like the Planning Fallacy and the Bystander Effect (among others) while your sides are hurting with laughter, so much the better.

I read the first few chapters and wasn't really getting into it. I put it down. Then I picked it up and read a few more pages. Now I'm hooked and I can't put it down.

Go, read it. Don't make me be the only one hooked on this. Grab it as an ePub or Mobi file for your favorite eReader. (Be aware that the story is still on-going and you'll need to periodically re-download the file to get the latest updates.)

This entry was tagged. Ebooks Humor

Review: Live Free or Die

Live Free or Die, Cover Live Free or Die by John Ringo

My rating: 3 of 5 stars

Once again, I greatly enjoyed a book by John Ringo.

If you're going to read Ringo, you need to know what you're getting yourself into. He's a veteran and (judging from his books) he loves blowing stuff up, he hates stupid people, he loves weird aliens or situations, and he has quite a vivid imagination.

Live Free or Die follows this trend. Like many of Ringo's recent books it has a "conversational style". When I say that, I mean that it reads as if you were sitting around a fire with him, listening to him spin a tale. The narration is loose and free, the action is usually just a bit over the top, the events are a bit outrageous and the entire thing is ton of fun to experience. It never even approaches the realm of fine art but that's okay. It's too much fun to quibble about.

The book opens when Earth (Terra) receives its first visit from aliens. They drop off a space gate that allows anyone and everyone from the galaxy to come calling. Soon enough, the Horvath come through and start demanding tribute. It's up to Tyler Vernon to figure out a way to make a buck (or a couple of billion) and start leading the way to free Earth.

Along the way, most of Earth's major cities get wiped out (along with most of America's die-hard liberals) leaving the conservatives and libertarians in charge. Most of the Middle East also gets wiped out (due mostly to their own fear and stupidity.) This is at least the second time that the Middle East has been destroyed in a Ringo novel. (The first, I think, was in "Into the Looking Glass".) A trillion ton asteroid gets turned into a floating battle station (complete with 1.5 kilometer thick nickel-iron armor) and hundreds of floating space mirrors are used to turn alien fleets into scrap metal.

Really, what's not to like?

(Oh, and if you want to read it on your Kindle or Nook or what-have-you, I'd recommend getting it directly from the publisher at Baen Books. It's cheaper than Amazon and has no nasty DRM restrictions. You can thank me later.)

Review: Kennedy

"Kennedy" coverKennedy by Theodore Sorenson

My rating: 2 of 5 stars

How suddenly a life can be cut short. That is the lesson I took away from "Kennedy".

I underestimated Ted Sorenson. I shouldn't have. One doesn't get to be Counselor to the President and speech writer without having some skills with words. Nevertheless I strongly disliked this book and allowed that to color my perception of Sorenson's skills. I did, at least, up until the final paragraph.

The final few chapters start to build momentum as Sorenson depicts Kennedy's resolution of the Cuban Missile Crisis, the sudden relaxation of tension with the Soviet Union, the negotiations over atmospheric nuclear testing, and the successful signing of the Nuclear Test Ban Treaty. The tone of the book changes to reflect Kennedy's relief at successfully navigating these crises. Sorenson chronicles Kennedy's trip out west to promote the treaty and the dawning new era of détente with the Soviet Union.

Then, he treats the reader to this final, concluding paragraph.

On November 20 he transmitted an optimistic report to the Congress on our participation in the United Nations. On November 21 he started another tour into the heartland of the opposition, this time in Texas. That evening, in Houston, he talked of "an America that is both powerful and peaceful, with a people that are both prosperous and just." The next morning, in Fort Worth, he expressed confidence that "because we are stronger...our chances for security, our chances for peace, are better than they have been in the past." That afternoon, in Dallas, he was shot dead.

The introduction of Kennedy's assassination is sudden, abrupt, and shocking. This is the first mention of Kennedy's death in the entire book. It's effective. It's very effective. I'm not sure I even like Kennedy that much but, for the first time, I felt the emotional impact of his assassination. It was an unpleasant dash of cold water and I felt the shocking finality of a life suddenly snipped short. A life ended without a chance to say goodbye, without the opportunity for a final hug or smile, without training a successor, or squeezing the hand of a loved one. A life that suddenly, irrevocably, ends.

For that, I'll forgive Sorenson for much of the pain I felt while reading his biography of John F. Kennedy.

Unfortunately, it can't make up for all of the book's shortcomings. Like I said before, I really didn't like this biography that much. I read it expecting to get an introduction to Kennedy, his life, his time, his achievements, and his death. What I got was a hagiographic love letter from a devoted worshipper. Perhaps you feel I'm being too harsh. Allow me, please, to illustrate.

It will not be easy for historians to compare John Kennedy with his predecessors and successors, for he was unique in his imprint upon the office: the first to be elected at so young an age, the first from the Catholic faith, the first to take office in an age of mutual nuclear capabilities, the first to reach literally for the moon and beyond, the first to prevent a new recession or inflation in modern peacetime, the first to pronounce that all racial segregation and discrimination must be abolished as a matter of right, the first to meet our adversaries in a potentially nuclear confrontation, the first to take a solid step toward nuclear arms control—and the first to die at so young an age.

And, again.

History and posterity must decide. Customarily they reserve the mantle of greatness for those who win great wars, not those who prevent them. But in my unobjective view I think it will be difficult to measure John Kennedy by any ordinary historical yardstick. For he was an extraordinary man, an extraordinary politician and an extraordinary President. Just as no chart on the history of weapons could accurately reflect the advent of the atom, so it is my belief that no scale of good and bad Presidents can rate John Fitzgerald Kennedy. A mind so free of fear and myth and prejudice, so opposed to cant and clichés, so unwilling to feign or be fooled, to accept or reflect mediocrity, is rare in our world—and even rarer in American politics. Without demeaning any of the great men who have held the Presidency in this century, I do not see how John Kennedy could be ranked below any one of them.

Much of the book is written in that vein. It grew wearisome after the first 3 chapters. It was dreadfully dull by the end of the book. In Sorenson's estimation, Kennedy could do no wrong. It wasn't enough that he was a superb President. Sorenson was convinced that Kennedy could have been his own best Secretary of State, his own best Ambassador, his own best Press Secretary, his own best speech writer, his own best Chief of Staff, etc. The only thing holding Kennedy back from single handedly running the government the way it deserved to be run was a simple lack of time.

Thankfully, the book was not without its redeeming points. The language was, occasionally, poetic. For example:

But the President was upset, and sternly told Jacqueline later never to do that ... and not to worry about his future. On November 22 his future merged with his past, and we will never know what might have been. His own inner drive, as well as the swift pace of our times, had enabled him to do more in the White House in three years than many had done in eight—to live a fuller life in forty-six years than most men do in eighty. But that only makes all the greater our loss of the years he was denied.

And I did finish the book with a better understanding of the Cuban Missile Crisis, the Berlin crisis, the Bay of Pigs, and other significant events than when I started. So my time spent reading it wasn't an entire waste. But it was a trudge, not a pleasure.

If you're looking for a serious introduction to President John F. Kennedy, I'd advise you to look elsewhere. If you already love President John F. Kennedy and simple want to relive the love, this is most definitely the book for you.

This entry was tagged. Book Review Review

An Open Letter to Pat Rothfuss

So, I sent the following letter to Patrick Rothfuss a little bit ago.

Hi Pat,

I was thinking about the book tour today.

I loved The Name of the Wind. I have every expectation of loving The Wise Man's Fear. I live in Madison. So, of course I'd love to attend the Madison book signing and get your autograph. I'd love to. But I have a small problem. I intended to buy The Wise Man's Fear in Kindle edition, not hardcover edition. And I think it'd be kind of awkward to have you sign my Kindle.

I thought of a solution. I'd love to buy a print of the cover art for The Wise Man's Fear and bring that with me to the book signing. Then I could bring it home, frame it, and hanging it in my reading room. (I don't have one now but I definitely think I should plan for the future.)

I did see the latest blog post about ordering signed cover art prints from The Signed Page. And I may yet take advantage of that. It's not nothing, but it's not nearly the same as coming to the book signing and getting something signed in person.

I've Googled and I've searched your website and I don't see it anywhere. Is there any option for buying prints of your cover art? If not, do you think your publisher might be open to the option of making some? I'd love to buy them and I'd think (hope!) that other fans might want to too.

Thanks for reading,
~Joe

I admit that I like physical books partly because I can show off what I've read and which authors and titles I really like. There was definitely a plan behind which books are upstairs and visible to guests and which books are relegated to the basement bookshelves. Buying eBooks is nice but I miss having something to display. I think I'd like to be able to buy the cover art to my favorite books, to display on my walls.

How about it, book lovers? What do you think of the idea of buying cover art prints, to supplement your eBook purchases?

Tell Me What To Read Next

Last year, my New Year's Resolution was to finish more books than I started. It made sense because I had a bad habit of starting books, then getting distracted by a newer, shinier book and never finishing the first book (or the second or third, for that matter). My resolution was to focus on actually finishing the books that I started, before starting a new book.

This year, in addition to continuing last year's Resolution, I Resolve to read more non-fiction books. For the past 15 years, my reading has been heavily dominated by fiction books. (I read lots of non-fiction articles and news stories but few non-fiction books.)

My new plan is to read one non-fiction book, followed by one fiction book. I'm off to a good start already. I read A Journey: My Political Life by Tony Blair. I just finished reading Red Dragon by Jerry Pournelle.

Now, what non-fiction book should I read next? I have a lot of great books queued up to read. The list is so good that I'm really having a hard time deciding which one to take off the shelf first. So, what do you think I should read?

My candidates are:

Kennedy by Ted Sorenson

The first appointment made by the new President was to name Ted Sorensen his Special Counsel. Sorenson relates the role of the White House staff and evaluates Kennedy's relations with his Cabinet and other appointees. He reveals Kennedy's errors on the Bay of Pigs, his attitudes toward the press and Congress, the Joint Chiefs of Staff, and his handling of Berlin and the Cuban missile crisis.

Three months to the day after Dallas, Sorensen left the White House to write the account of those eleven year that only he could write.

Colonel Roosevelt by Edmund Morris

This biography by Edmund Morris, the Pulitzer Prize and National Book Award–winning author of The Rise of Theodore Roosevelt and Theodore Rex, is itself the completion of a trilogy sure to stand as definitive. Packed with more adventure, variety, drama, humor, and tragedy than a big novel, yet documented down to the smallest fact, it recounts the last decade of perhaps the most amazing life in American history. What other president has written forty books, hunted lions, founded a third political party, survived an assassin’s bullet, and explored an unknown river longer than the Rhine?

From Poverty to Prosperity by Arnold Kling

From Poverty to Prosperity is not Tipping Point or Freakonomics. Those books offer a smorgasbord of fascinating findings in economics and sociology, but the findings are only loosely related. From Poverty to Prosperity on the other hand, tells a big picture story about the huge differences in the standard of living across time and across borders. It is a story that draws on research from the world's most important economists and eschews the conventional wisdom for a new, more inclusive, vision of the world and how it works.

Hero by Michael Korda

T.E. Lawrence (1888-1935) first won fame for his writings and his participation in the British-sponsored Arab Revolt of WWI, but the adventurer known even in his day as "Lawrence of Arabia" is remembered today mostly as the subject of the 1962 film masterpiece based on his life. This splendid page-turner revitalizes this protean, enigmatic adventurer. That this colorful British scholar/Middle East warrior deserves a better fate is demonstrated amply in Michael Kordas' authoritative 784-page biography.

Unchecked and Unbalanced by Arnold Kling

Arnold Kling provides a blueprint for those who are skeptical of political and financial elitism. At the heart of Kling's argument is the growing discrepancy between two phenomena: knowledge is becoming more diffuse, while political power is becoming more concentrated. Kling sees this knowledge/power discrepancy at the heart of the financial crisis of 2008. Financial industry executives and regulatory officials lacked the ability to fathom the complexity of the system that had emerged.

Extraordinary, Ordinary People by Condoleezza Rice

This is the story of Condoleezza Rice that has never been told, not that of an ultra-accomplished world leader, but of a little girl trying to find her place in a hostile world and of two remarkable parents – and an extended family and community – that made all the difference. On the shoulders of individuals both black and white, young Condoleezza Rice stood and looked out on a world where anything was possible -- and in a way that is singularly fascinating, Extraordinary, Ordinary People takes us not just through Rice’s childhood but, also, her twenties and thirties as she builds a record of achievement that positions her for involvement in world-historical events.

This entry was tagged. Reading List

Review: A Journey: My Political Life

Covert Art for A Journey: My Political LifeA Journey: My Political Life by Tony Blair

My rating: 4 of 5 stars

This book caught my eye because I knew very little about Tony Blair. I knew he was the Prime Minister in Britain. I knew he was the leader of the Labour Party and a big government, big spending progressive. I knew he was President Bush’s staunchest ally in the war on terror. And, that’s about it. I really didn’t know anything about what he actually tried to accomplish in Britain or why. I didn’t know anything about who he was or what he made him tick. And, after reading Decision Points, I was interested in his perspective on the events of the past decade.

Although long, this book was an enjoyable read. Blair writes with a light, conversational style that I really enjoyed reading. It could be a little distracting at times, as he would occasionally take a rabbit trail into the past. It was usually apparent when he did so, but I got confused about the timing of events a few times. That was a minor complaint as the style generally contributed greatly to the tone of the book.

As I read, I discovered that Tony Blair has a wonderful sense of humour. That’s matched with a very contemplative approach to life. For example, he recounted several times how stressed out he would get before a big speech, spending his time constantly writing and rewriting his text. He compared this to President Bush who was amazingly laconic before most speeches and never seemed to worry about the message or the delivery. (Some might say that those contrasting approaches showed up in the quality of speeches that each man gave.)

This book is exactly what it says on the cover: a story about the journey Blair took during his political life. It’s partly a history of the events of the past 30 years and partly a recounting of the decisions and actions that formed Blair’s own evolving outlook on life and politics. After reading the book, I came away thoroughly convinced that I would like Tony Blair as a person, even if I felt compelled to oppose many of his policies.

As to policies, I won’t spend a whole lot of time critiquing them. Blair and I are on different ends of the political spectrum, when it comes to the question of how involved and active government should be. It’s not really worth belabouring the point of all of the different ways in which we do disagree.

I was greatly impressed by Blair’s perception of the ways in which traditional big government liberalism and socialism is highly unsuited to our modern economic system and dynamic society. Blair clearly saw what was wrong with the Labour Party and with the government’s highly centralised approach to decision making. He saw that people were used to choice and used to firing incompetent providers in the private section. And he saw that the government’s provision of services wasn’t coming close to what people now expected. As a result, he spent his entire political career trying to reform the delivery and provision of government services. While I don’t agree with his solutions, I was very happy with his overall critiques of government services.

This comes across clearly in his definition of what it means to be a progressive.

First, what makes you a progressive? I would say: belief in social justice, i.e. using the power of society as a whole to bring opportunity, prosperity and hope to those without it; to do so not just within our national boundaries but outside of them; to judge our societies by the condition of the weak as much as the strong; to stand up at all times for the principle that all human beings are of equal worth, irrespective of race, religion, gender (I would add of sexuality) or ability; and never to forget and always to strive for those at the bottom, the poorest, the most disadvantaged, the ones others forget. Notice these are all values, not policies. They may beget policies.

… Third, there is a new divide in politics which transcends traditional left and right. It is what I call “open vs. closed.” Some right-wingers are free-traders, others aren’t. Likewise with the left. On both sides, some are pro-immigration, others anti-. Some favour an interventionist foreign policy; others don’t. Some see globalisation and the emergence of China, India and others as a threat; some as an opportunity. There is a common link to the free trade, pro-immigration (controlled, of course) interventionist and pro-globalisation political positions, but it is “open vs. closed,” not “left vs. right.” I believe progressives should be the champions of the open position, which is not only correct but also a winning position, as Bill Clinton showed conclusively. However, it is a huge and important dividing line in modern politics.

I would agree with this definition and, by it, I think I could call myself a progressive. I would place myself on the “open” side of his dividing line. I think Blair and I would merely (merely!) disagree on the policies that this definition begat.

I very much enjoyed this book as a look into the mind and growth of Tony Blair. It did exactly what a good political memoir should: it helped me to understand who he is, why he made the decisions he did, and how he grew as a result of his time in politics. Now that I’ve read it, I’m strongly rooting for him to have success in the Middle East peace process and I wish him well in his post prime ministerial career.

False Government Sponsored Negative Reviews

Oh, government. There you go again, making life miserable for everyone.

The CPSC's Defective New Complaints Database:

We are told constantly that government can play a beneficial role in the marketplace by taking steps to make sure consumers are more fully informed about the risks of the goods and services they use. But what happens when the government itself helps spread health and safety information that is false or misleading? That question came up recently in the controversy over New York City's misleading nutrition-scare ad campaign, and it now comes up again in a controversy over a new database of complaints about consumer products sponsored by the federal Consumer Product Safety Commission (CPSC).

As part of the Consumer Product Safety Improvement Act of 2008 (CPSIA), Congress mandated that the CPSC create a "publicly available consumer product safety information database" compiling consumer complaints about the safety of products. Last week, by a 3-2 majority, the commission voted to adopt regulations that have dismayed many in the business community by ensuring that the database will needlessly include a wide range of secondhand, false, unfounded or tactical reports. The Washington Times editorializes:

... [Under the regulations as adopted last week] anybody who wants to trash a product, for whatever reason, can do so. The commission can leave a complaint on the database indefinitely without investigating its merits "even if a manufacturer has already provided evidence the claim is inaccurate," as noted by Carter Wood of the National Association of Manufacturers' "Shopfloor" blog ...

Trial lawyers pushing class-action suits could gin up hundreds of anonymous complaints, then point the jurors to those complaints at the "official" CPSC website as [support for] their theories that a product in question caused vast harm. "The agency does not appear to be concerned about fairness and does not care that unfounded complaints could damage the reputation of a company," said [Commissioner Nancy] Nord.

This law was, let us remember, passed before President Bush left office. It was atrocious then, it remains atrocious now. I hold to my main political theme: whenever government gets involved, things get worse.

This entry was tagged. Government Regulation

Your Obamacare Plan May Not Be What You Expect

Megan McArdle talks about what health insurance might look like under the Obamacare health care exchanges. First, she quotes Aaron Carroll.

My conversations lead me to believe that many people are expecting that the plans offered in the exchanges will be Medicare-like in many ways. I feel like many people think they will have choice of doctor, choice of hospital, and the ability to dictate care. I'm not seeing how insurance companies will be able to offer such products at prices people can afford. As I talk to more and more people in the insurance industry, my thoughts seem confirmed.

Why does Aaron believe that?

For instance, we just told millions of people that they can go to the exchanges in 2014 and buy insurance. There won't be any lifetime or annual limits. There won't be denials for pre-existing conditions. There won't be any surcharges for having such conditions. And it's going to be "reasonably" priced.

I asked what insurance companies might offer under those conditions. After all, if it were really that easy to offer comprehensive insurance at a real discount, someone would already do it.

McArdle believes these exchanges will look pretty horrible by the time they actually roll around in 2014.

What people are expecting seems to be a very expensive form of insurance (no gatekeepers or restrictions) on the cheap. What they're going to get is cheap insurance that they will be forced to buy. Moreover, a significant number of workers are going to be dropped from their employer plans and dumped on the exchanges. An even more significant number of workers are going to be shunted onto Medicaid (as I understand it, if you're eligible for Medicaid under the new rules, you have to go into Medicaid, even if you want to buy insurance through the exchanges instead).

Medicaid is even more terrible than whatever stripped down products end up being offered on the exchanges, especially since providers hate taking it. There's been some attempt to alleviate this problem with a temporary boost to Medicaid reimbursement rates, but this will expire, leaving Medicaid patients with the same problem they have now in most states: a small number of providers willing to accept its paltry reimbursements. With millions of new Medicaid patients on the rolls, this problem is going to get worse.

Obamacare delenda est. Because what you get with Obamacare probably isn't going to be anything that you'll actually like.

This entry was tagged. Obamacare

Will ObamaCare Save Lives?

John Goodman looks at whether or not Obamacare will save lives. He starts out by defining the problem.

Being uninsured is like being unemployed. It happens to lots of people for short periods of time. Of all the people who are uninsured at a point in time, more than half will obtain insurance within 12 months and 90% will be insured within two years. So if you want to argue that being eligible for Medicaid is better than being uninsured for most people you have to have a theory that says that extending Medicaid to the temporarily uninsured saves lives.

It gets worse. Since Medicaid eligibility is conditional on income, people become eligible and ineligible as their incomes rise and fall. So like uninsurance, Medicaid eligibility also is a condition that affects a lot of people for short periods of time.

So now you need a theory that says that temporary enrollment in Medicaid for the otherwise temporarily uninsured adds to life expectancy. I know of no studies that test this proposition.

He then points out that, even if this is true, it's the exact opposite of what Obamacare does. Obamacare uses tax data (that can be up to two years out of date) to decide whether or not you can purchase health insurance on an exchange or whether you have to go on Medicare.

So what kind of reform would you want if you believe that temporary uninsurance is bad for health and continuous insurance is good? Obviously, you wouldn't want to enroll people in a plan where eligibility changes every time family income bobs up and down. You would instead want to encourage plans that cover people for long periods of time. The help (subsidy) you make available can bob up and down as income changes -- but enrollment shouldn't follow the same rollercoaster. The subsidy may be income dependent, but enrollment should not be.

Ideal health insurance actually would not include Medicaid at all. It would involve people enrolling in private plans that are portable, and travel with them from job to job. And this result is consistent with other research. For although there is some argument about how much difference health insurance makes, almost every study finds that private insurance is better than Medicaid.

Obamacare delenda est. Because it really is a bad way to solve the problem of health insurance.

This entry was tagged. Obamacare Reform

Greedy Capitalists or Selfless Socialists?

Michael Lewis writes about Greece, a collectivist nightmare:

The Greek state was not just corrupt but also corrupting. Once you saw how it worked you could understand a phenomenon which otherwise made no sense at all: the difficulty Greek people have saying a kind word about one another. Individual Greeks are delightful: funny, warm, smart, and good company. I left two dozen interviews saying to myself, "What great people!" They do not share the sentiment about one another: the hardest thing to do in Greece is to get one Greek to compliment another behind his back. No success of any kind is regarded without suspicion. Everyone is pretty sure everyone is cheating on his taxes, or bribing politicians, or taking bribes, or lying about the value of his real estate. And this total absence of faith in one another is self-reinforcing. The epidemic of lying and cheating and stealing makes any sort of civic life impossible; the collapse of civic life only encourages more lying, cheating, and stealing. Lacking faith in one another, they fall back on themselves and their families.

The structure of the Greek economy is collectivist, but the country, in spirit, is the opposite of a collective. Its real structure is every man for himself. Into this system investors had poured hundreds of billions of dollars. And the credit boom had pushed the country over the edge, into total moral collapse.

Contrast this to capitalism. When I see a well-off American, I can be reasonably sure that he got where he is through hard-work, thrift, and good luck. The vast majority of people in this land of cowboy capitalism are not cheating on their taxes, bribing the government, or lying.

Which society would you prefer to live in?

(Link and title idea from Russ Roberts.)

This entry was tagged. Capitalism Socialism

Families Are Fragile

Kay S. Hymowitz wrote about the fragile family effect, 3 weeks ago.

One of the study's most surprising initial findings was that the large majority - 80 percent - of poor, unmarried couples were romantically involved at the time of their child's birth. In fact, 50 percent of the couples were living together. Fathers almost always visited the mothers and children in the hospital and usually provided financial support. Even better, most of these new parents said that there was a 50-50 chance that they would eventually marry each other. They spoke highly of their partners' commitment to their children and of their supportiveness.

But within five years, a tiny 15 percent of the unmarried couples had taken wedding vows, while 60 percent had split up. At the five-year mark, only 36 percent of the children lived with their fathers, and half of the other 64 percent hadn't seen their dads in the last month. One-half to two-thirds of the absent fathers provided little or no financial support.

These families -- and society as a whole -- would have been far, far, far better off had these parents stayed together, instead of splitting up.

I don't know the full story of why 85% of the unmarried parents parted ways. But I can speculate as to one cause. Is it possible, is it conceivable, that welfare and broad societal support for "single mothers" is making mom feel comfortable about life without dad? Is it possible that welfare is making Dad feel okay about walking out on Mom?

I can only speculate but it would seem that Dad doesn't have to deal with the guilt of leaving Mom penniless and unsupported if he knows that Mom can register at the welfare office. And Mom doesn't have to worry about the implications of life without Dad if she knows that she can get a monthly support check with or without him.

I think it's a question worth asking. Is our compassion towards single moms leading us into a policy that creates more single moms and more "fragile" (broken) families?

This entry was tagged. Family Policy Subsidy

The Problem with Anthropogenic Global Warming

Warren Meyer points out Richard Lindzen's Congressional testimony as a great example of the central problem with global warming models.

Here are two statements that are completely agreed on by the IPCC. It is crucial to be aware of their implications.

  1. A doubling of CO2, by itself, contributes only about 1C to greenhouse warming. All models project more warming, because, within models, there are positive feedbacks from water vapor and clouds, and these feedbacks are considered by the IPCC to be uncertain.

  2. If one assumes all warming over the past century is due to anthropogenic greenhouse forcing, then the derived sensitivity of the climate to a doubling of CO2is less than 1C. The higher sensitivity of existing models is made consistent with observed warming by invoking unknown additional negative forcings from aerosols and solar variability as arbitrary adjustments.

Given the above, the notion that alarming warming is 'settled science' should be offensive to any sentient individual, though to be sure, the above is hardly emphasized by the IPCC. 4

Did you catch that? Even assuming that all of the warming that occurred from 1900-2000 was due to human activities (a very dubious assertion to begin with), the climate still isn't as sensitive to increases in CO2 as the climate models predicate. The climate models have to add in additional fudge factors to get the results that the "scientists" want to see.

Until that changes -- until there is hard evidence that the climate really is that sensitive to increases in CO2 -- I'll continue to oppose any kind of carbon caps, carbon taxes, or any other attempt by the government to control how we generate and use energy.

This entry was tagged. Global Warming

Life Insurance Likes the Estate Tax

It turns out that the life insurance industry loves the estate tax.

The life insurance industry's lobbying presence in D.C. is huge - larger than almost any other industry sector. According to the report, life insurers spent $10 million per month on lobbying in the first half of 2010. Only the pharmaceutical, electric utilities and oil and gas sectors, the heaviest of heavy hitters, spent more.

Life insurers spent more on lobbying than even bankers and health insurers.

One of the most outspoken voices urging a higher estate tax, Warren Buffet, owns six life insurance companies, the report says.

The report was produced by the American Family Business Foundation, an ardent opponent of the estate tax, and written in part by Tim Carney, a senior political columnist at the Washington Examiner.

It's really not hard to understand why the life insurance companies would love the estate tax. Most wealthy people don't have banks and mattresses stuffed full of money. They own expensive assets: businesses, houses, artwork, the Yankees, the Cowboys, etc. When they die, and their estate is suddenly taxed at 55%, the heirs are left with unpalatable choices. Do you sell the Yankees, to pay the tax man?

In steps the helpful life insurance company. For a hefty annual premium, they can help provide the money to pay the tax man, without needing to sell cherished family assets. If the estate tax goes, how many of these wealthy individuals will need life insurance? None, probably. Poof. There goes 10% of the industry's revenues.

Fight "the man". Fight oligarchic "capitalism". Fight crony capitalism. Fight the estate tax.

This entry was tagged. Government Taxes

Palin Satirizes Obama

Ken Pierce points to this satire of President Obama as an example of why he likes Sarah Palin.

I agree. There are many things not to like about Governor Palin. Her sense of humor isn't one of them. He also points out a great example of President Bush's humor.

Any advice for parents of teens? "Look them in the eye and say, 'I love you and there's nothing you can do to make me stop loving you. (pause) So, stop trying!'"

As I was reading President Bush's memoir, I was reminded that I do like his sense of humor and his personality. It was just his policies that I mostly disliked.

A Food Bill Too Far

Last Tuesday, the Senate passed a food safety bill. The House is expected to pass it easily and the President plans to sign it.

They shouldn't. It's a bad bill.

One of the biggest problems with food safety is that different agencies are responsible for different parts of the food supply.

In the case of the Wright County Egg salmonella outbreak which resulted in the recall of half a billion eggs earlier this year, the USDA was aware of problems such as dirt and mold in the Iowa facility. But the USDA did not notify the FDA, which has overall authority.

Moreover, the regulatory responsibilities often overlap, leaving agencies unsure who is in charge of what. As an example, Coburn pointed to frozen pizza:

Do my colleagues realize right now when we buy a pizza at the grocery store, if you buy a cheese pizza it comes through the FDA, but if you buy a pepperoni pizza, it gets approved by the U.S. Department of Agriculture? How many people in America think that makes sense?

This bill does nothing to change that. It should be rejected on that basis alone.

Second, food safety just isn't that big of a problem.

Indeed, according to the Centers for Disease Control, no more than three-thousandths of one percent of food-borne illnesses are fatal in the United States.

Senator Tom Coburn remarked on that as well.

We could spend $100 billion additionally every year and not make food absolutely safe. There are diminishing returns to the dollars we spend. But if you look at what the case is: In 1996, for every 100,000 people in this country, we had 51.2 cases of food-borne illness -- the best in the world, by far. Nobody comes close to us in terms of the safety of our food . But, in 2009, we only had 34.8 cases -- three times better than anybody else in the world. So the question has to be asked: Why are we doing this now when, in fact, we are on a trendline to markedly decrease it?

Third, this bill will be expensive.

The legislation will cost $1.4 billion over 5 years. This cost does not include an additional $230 million in expenditures that are directly offset by fees collected for those activities (re-inspections, mandatory recalls, etc.). The total cost of the bill is over $1.6 billion over 5 years. Of these costs, $335 million are for non-FDA programs - the food allergy grant program, implementation grants to assist producers, assistance grants to states and Indian Tribes.

Fourth, this bill gives the FDA new powers that it doesn't need and that it will probably abuse.

Most worrisome is the fact the bill as it currently is written would give the FDA the authority to require mandatory recalls of tainted food.

At first blush this seems reasonable, but the current system of voluntary recalls already resulted in a $100 million loss to tomato growers in the U.S. when a salmonella outbreak caused the FDA to recommend a recall. It turned out the problem was not tomatoes but jalapeno peppers, but by the time the real culprit was discovered the damage was already done.

Hart points out that bureaucrats with the power to order recalls would be very likely to jump the gun and order a huge recall before all the facts are in. Worse, it would precipitate a fight between the industry and regulators, who currently have a fairly good working relationship.

Coburn noted in his address that inspectors do not need the authority to order recalls

Why don't they need that authority? Because if you have a problem with your product in the food system in this country, you are going to get sued. You are going to get fined if you do not recall that product.

"You're going to see (inspectors) pull the trigger prematurely," Hart said, noting bureaucrats tend to be more worried about doing what's safe in terms of their jobs rather than what's right.

This is a bad bill. Rather than modernizing the food safety responsibilities of the federal government, it leaves authority split between more than 30 different agencies. It directly raises costs to small farms and producers. It gives the FDA a large incentive to order damaging recalls with no incentive to protect farmers from hysteria. Finally, it just isn't needed. America's food supply is already the safest in the world. Spending more money won't create any noticeable increase in food safety, only an increase in the price of our food.

For the good of the nation, the House should reject this flawed bill and President Obama should refuse to sign it.

(Note: The House was originally expected to pass the bill easily but now may not be able to, as the bill infringes on the House's constitutional rights. The Constitution states that all bills for raising revenue must originate in the House. This bill raises revenue and originated in the Senate. Oops.)

This entry was tagged. Food Government Reform