Filed under: Art, Entertainment, Free Markets, Freedom, Heartwarming, Humor, Japan | Tags: Advertising, At it's Best, Honda
Advertising that makes you pay attention! Very, very , very clever.
Filed under: Economy, Freedom, Heartwarming, Capitalism, The United States, Free Markets | Tags: Fantastically Successful Liberalism, Trade-Tested Progress, The Power of Economic Freedom
Economist Deirdre McCloskey recently spoke in London, and this brief summary captures the essence of her talk and her work on the power of economic freedom. Next year, her latest book: “Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World” will arrive, the final book of a trilogy on the wonder-working power of modern capitalism. Here is a seven page summary of her upcoming book, and below is a summary of her summary by James Pethokoukis of AEI.
Perhaps you yourself still believe in nationalism or socialism or proliferating regulation. And perhaps you are in the grip of pessimism about growth or consumerism or the environment or inequality.
Please, for the good of the wretched of the earth, reconsider.
Many humans, in short, are now stunningly better off than their ancestors were in 1800. … Hear again that last, crucial, astonishing fact, discovered by economic historians over the past few decades. It is: in the two centuries after 1800 the trade-tested goods and services available to the average person in Sweden or Taiwan rose by a factor of 30 or 100. Not 100 percent, understand—a mere doubling—but in its highest estimate a factor of 100, nearly 10,000 percent, and at least a factor of 30, or 2,900 percent. The Great Enrichment of the past two centuries has dwarfed any of the previous and temporary enrichments. Explaining it is the central scientific task of economics and economic history, and it matters for any other sort of social science or recent history.
What explains it? The causes were not (to pick from the apparently inexhaustible list of materialist factors promoted by this or that economist or economic historian) coal, thrift, transport, high male wages, low female and child wages, surplus value, human capital, geography, railways, institutions, infrastructure, nationalism, the quickening of commerce, the late medieval run-up, Renaissance individualism, the First Divergence, the Black Death, American silver, the original accumulation of capital, piracy, empire, eugenic improvement, the mathematization of celestial mechanics, technical education, or a perfection of property rights. Such conditions had been routine in a dozen of the leading organized societies of Eurasia, from ancient Egypt and China down to Tokugawa Japan and the Ottoman Empire, and not unknown in Meso-America and the Andes. Routines cannot account for the strangest secular event in human history, which began with bourgeois dignity in Holland after 1600, gathered up its tools for betterment in England after 1700, and burst on northwestern Europe and then the world after 1800.
The modern world was made by a slow-motion revolution in ethical convictions about virtues and vices, in particular by a much higher level than in earlier times of toleration for trade-tested progress—letting people make mutually advantageous deals, and even admiring them for doing so, and especially admiring them when Steve-Jobs like they imagine betterments. The change, the Bourgeois Revaluation, was the coming of a business-respecting civilization, an acceptance of the Bourgeois Deal: “Let me make money in the first act, and by the third act I will make you all rich.”
Much of the elite, and then also much of the non-elite of northwestern Europe and its offshoots, came to accept or even admire the values of trade and betterment. Or at the least the polity did not attempt to block such values, as it had done energetically in earlier times. Especially it did not do so in the new United States. Then likewise, the elites and then the common people in more of the world followed, including now, startlingly, China and India. They undertook to respect—or at least not to utterly despise and overtax and stupidly regulate—the bourgeoisie.
Why, then, the Bourgeois Revaluation that after made for trade-tested betterment, the Great Enrichment? The answer is the surprising, black-swan luck of northwestern Europe’s reaction to the turmoil of the early modern—the coincidence in northwestern Europe of successful Reading, Reformation, Revolt, and Revolution: “the Four Rs,” if you please. The dice were rolled by Gutenberg, Luther, Willem van Oranje, and Oliver Cromwell. By a lucky chance for England their payoffs were deposited in that formerly inconsequential nation in a pile late in the seventeenth century. None of the Four Rs had deep English or European causes. All could have rolled the other way. They were bizarre and unpredictable. In 1400 or even in 1600 a canny observer would have bet on an industrial revolution and a great enrichment—if she could have imagined such freakish events—in technologically advanced China, or in the vigorous Ottoman Empire. Not in backward, quarrelsome Europe.
A result of Reading, Reformation, Revolt, and Revolution was a fifth R, a crucial Revaluation of the bourgeoisie, first in Holland and then in Britain. The Revaluation was part of an R-caused, egalitarian reappraisal of ordinary people. … The cause of the bourgeois betterments, that is, was an economic liberation and a sociological dignifying of, say, a barber and wig-maker of Bolton, son of a tailor, messing about with spinning machines, who died in 1792 as Sir Richard Arkwright, possessed of one of the largest bourgeois fortunes in England. The Industrial Revolution and especially the Great Enrichment came from liberating commoners from compelled service to a hereditary elite, such as the noble lord in the castle, or compelled obedience to a state functionary, such as the economic planner in the city hall. And it came from according honor to the formerly despised of Bolton—or of Ōsaka, or of Lake Wobegon—commoners exercising their liberty to relocate a factory or invent airbrakes.
Filed under: Domestic Policy, Education, Foreign Policy, Freedom, Heartwarming, History, Politics | Tags: Favorite Phrases, Jonah Goldberg, Prager University
Jonah Goldberg stars in a short video for Prager University. We are easy marks. We can be fooled by clever use of language. Take time to stop and appreciate the unraveling of meaning.
Filed under: Freedom, Heartwarming, Military, Music | Tags: Condoleezza Rice, Jenny Oaks Baker, Lovely
Condoleezza Rice and Jenny Oaks Baker
All proceeds will be donated to the Wounded Warriors Project
A mother’s work is never done, and mothers never get all the thanks they truly, richly deserve. This image bears a striking resemblance to the job my mother had to do, and she did it magnificently, courageously, and lovingly.
Thank you to the greatest Mom in the world — mine! Happy Mother’s Day! I love you!
Filed under: Domestic Policy, Heartwarming, History, Humor | Tags: Easter Bunny Traps, How To Build a Trap, The Value of Carrots
Re-posted from last Easter:
You need some preparations first. The Easter bunny comes in the early morning hours, right at dawn, when the sun is just coming up and the dew is still shining on the grass. You have to find a likely spot which seems as if it might be a bunny path. You will require a standard bushel basket, a long straight stick of kindling, and a good strong straight pin or slender nail. And you will need a nice fresh young carrot with its greens still intact.
You must set up the trap the night before Easter, just when it is about to get dark. Turn the bushel basket upside down, and prop up one side with the stick of kindling. Attach the carrot so it hangs on the front of the stick of kindling. You many have to take the kindling out and attach the carrot with a hammer. It must be well attached, and yet still look enticing. When the Easter bunny comes hopping along, he will spot the carrot right away. Bunnies cannot resist nice fresh carrots. When he takes a bite of the carrot, the stick of kindling will fall and the basket will land on top of the bunny, and he is captured.
Then he needs only love and care. Bunnies are particularly fond of carrots, of course, and soda crackers, and rabbit chow, grass and clover.
It always worked for me. You can tell if it is the real Easter bunny because he will have a blue ribbon around his neck.
Filed under: Europe, Foreign Policy, Heartwarming, Military, National Security, Politics, Russia, The United States | Tags: 1700-kilometer Convoy, 3rd Squadron 2nd Calvary, The Baltic States and Poland
With Putin’s Russia increasingly threatening the Baltic States with new submarine activity, Russian Bombers that are making mock attack runs on NATO ships, and Putin’s admitted wish to restore the greatness of the Russian Empire, the eastern European states and the Baltic states are unsurprisingly nervous. They have been there and done that and they really don’t want a repeat.
American troops who took part in the Atlantic Resolve exercise to demonstrate NATO solidity, took the long way home to their base at Vilseck, Germany. They called it “The Dragoon Ride” starting from Estonia, and passing through Latvia and Lithuania before entering Poland on a 1,000 mile convoy of 3rd Squadron, 2nd Cavalry Regiment Stryker Armored vehicles from March 21 to April 1, stopping in a new community each night. The people turned out in droves to wave and welcome the convoy.
“It’s helped us further develop our understanding of freedom of movement in Eastern Europe,” said Lt. Gen. Ben Hodges, the Army’s most senior commander in Europe, in an interview with Defense News and Army Times reporters and editors.
He called it a “tremendous opportunity” to practice and reassure allies in the face of Russian aggression. To pull it off, the Army is navigating diplomatic requirements and assessing infrastructure among Eastern European allies.”
“This is what the US Army does, we can move a lot of capability a long distance,” Hodges said. “I’ve been watching the Russian exercises … what I cared about is they can get 30,000 people and 1,000 tanks in a place really fast. Damn, that was impressive.”
The troops were warmly welcomed everywhere.
“You make us feel like movie stars,” a U.S. soldier was heard saying from atop a Stryker.
A lot of little boys got the thrill of a lifetime, being allowed to climb on the Strykers, and man the weapons. The countries are beefing up their own defenses and training their own reservists.