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Sick Transit

Boundedly unpredictable

12/19/2004

Before Tickers

by @ 4:53 pm. Filed under General

Long before Bloomberg made his millions, stock brokers were deeply concerned with getting up-to-date information on the market:

In the 1830s a man, every business day, would climb to the top of the dome of the Merchant’s Exchange on Wall Street, where the New York Stock and Exchange Board then held its auctions. There he would signal the opening prices to a man in Jersey City, across the Hudson. That man would signal them in turn to a man at the next steeple or hill, and the prices could reach Philadelphia in about thirty minutes.

Cue the mountain-top scene from Return of the King.

12/15/2004

The Richest Grocery Store Workers in the World

by @ 11:24 pm. Filed under General

Kevin Drum, in good liberal fashion, is outraged over the So Cal grocery strike:

The LA Times follows up today on how things are going. It’s just disgusting that something like this happened in the richest country in the world.

From the LAT article that Kevin links to:

Under the contract, a new cashier earns $8.90 an hour, tops out after about six years at $15.10 an hour and must wait one year before becoming eligible for health benefits.

Kevin is “disgusted” that grocery store cashiers–a job requiring no special training and not even a high school diploma–start at only $8.90 an hour. What world is he living in?

I would love a Marxist utopia where the laws of supply and demand did not apply to labor prices. But I’m sure that Kevin knows perfectly well that’s impossible. Given that we live in a capitalist system, offering a living starting wage for an entry-level job doesn’t seem ‘disgusting’ to me.

(And I realize that $8.90 is a living wage for a single person, not a family. But that’s what EIC is for.)

12/14/2004

Sheep Without a Shepherd

by @ 11:26 pm. Filed under Law & Politics

Franklin Foer discusses in TNR why a neocon consensus has not yet emerged on Iran, and suggests that is because of the tension between the idealist and realist schools of neocon philosophy:

All their apparent agreement on the great issues of the day, however, obscured important internal disagreements and inconsistencies. The neoconservative mind has always had two lobes. One side drives neocons toward idealistic language about America’s ability to spread human rights and democracy. … The colder, more analytic lobe of the neocon brain endorses all this talk about democracy. But it couches these goals in a more realist context.

But what Foer’s article actually describes is not an ideological debate, but rather an unwillingness to commit to any course of action:

By all measures, the Bush doctrine should fit snugly onto Iran–the world’s leading state sponsor of terrorism on a quest for weapons of mass destruction, a country where the masses demonstrably yearn to breathe free.

But, when I called May to learn his policy prescription for Iran, he provided a surprising answer, one that I soon found echoed that of many other Bush doctrine adherents. “I’ve got no sense of where this should ultimately go.”

So I don’t think this is really about ideological conflict. There are two much simpler explanations:

1. After the fiasco that was Iraq, no one can suggest with a straight face that we even have the capacity to invade another country right now.

2. Bush hasn’t spoken. The entire conservative commentariat united behind the war in Iraq because it was a key part of Bush’s agenda. If Bush does announce a policy on Iran, you can bet that the Republican ideological machine–including the ‘independent’ think tanks–will be squarely behind it. In the meantime, however, they’re leary of committing themselves lest they have to reverse course when the C-in-C makes up his mind.

I can’t wait for the day when the message discipline breaks down. But I doubt that will happen until the Republicans lose a national election.

12/10/2004

Some Folks Have No Luck

by @ 8:01 pm. Filed under General

This is the opposite of the Darwin Awards… a man so luckless he couldn’t even manage to off himself.

The first time, he tried with carbon monoxide; his car ran out of gas. Then he tried a propane tank, but that ran out too.

The third time, he was determined not to run out: he used natural gas. Except that, after having the gas on for a while, he thought about the risk of explosion, and didn’t want anyone else to be hurt. So he went into the basement to turn off the circuit breaker, and blew up the house.

And he survived.

12/4/2004

Genetics Illustrated

by @ 10:54 am. Filed under Sci & Tech

Alex Tabarrok has posted an incredibly powerful graph on the nature vs nurture question, which I reproduce below:

Income graph

Think about the implications of that for a minute. Personally, I’m flabbergasted.

(Note that this is from a specific adoption program that involved random assignment, not an overall study of adoptees. More details in Tabarrok’s post.)

Correction: I originally credited the post to Tyler Cowen, Tabarrok’s co-blogger. Also, Tabarrok has further follow-up analysis, with this very important statement:

Once you control for [age] and a few similar factors the mean income difference goes away (think of shifting the adoptee line up). What remains, and this is the key point, is that the biological line is upward sloping and the adoptee line is flat.

12/3/2004

This can’t be right

by @ 7:24 pm. Filed under Law & Politics

According to Fred Kaplan’s latest in Slate, Bernard Kerik, the man whom Bush just nominated to be the new Secretary of Homeland Security was a driver and a bodyguard a mere eleven years ago.

His first meteoric rise was from street cop to Commissioner of the Corrections Department–a typical shake-up move by Giuliani. From there, he inched up to Commissioner of Police. Then, amidst a stint in private consulting, he served as head of Iraq’s police force for a few months. And now, he’s being nominated for Secretary of Homeland Security–a post previously held by the ex-Governor of Pennsylvania!

Kerik is obviously a seat-warmer for Giuliani. Even so, the path from street cop to nominee for one of the largest cabinet departments in only eleven years boggles the mind.

12/2/2004

Pick and Choose

by @ 12:32 pm. Filed under Religion & Philosophy

A Methodist church tribunal has convicted an openly lesbian minister of violating church law. She will likely be defrocked, although her congregation has agreed to retain her as a lay employee.

What I would like to know is, how does the church decide which parts of the Bible to follow, and which not to?

For example, Romans 1:26,27 condemns the “degrading passions” of women who “exchanged the natural function for that which is unnatural” and men who “abandoned the natural function of the woman and burned in their desire toward one another, men with men.” Although the text does not explicitly state that the “unnatural” practices of women are lesbianism, this seems like a reasonable interpretation.

On the other hand, 1 Corinthians 14:33 very explicitly states: “The women are to keep silent in the churches; for they are not permitted to speak.” And 1 Timothy 2:12 says: ” I do not allow a woman to teach or exercise authority over a man, but to remain quiet.”

So why is it that the Methodist church can blatantly ignore the biblical injunctions against female clergy, and yet cannot allow one of those clergywomen to be a lesbian?

Of course, as a secularist the answer seems pretty obvious to me: the church engages in discrimination only when it’s socially sanctioned. So when the equality of homosexuals becomes just as firm a part of our society as the equality of women (hopefully within the next twenty years), the church will unodoubtedly put its biblical scruples aside.

But I’m curious as to how they defend that position right now.

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This is not the site of journalist and author Daniel Glick. His website is at danielglick.net

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