Saturday morning links

Quicksearch

Blog Administration

Open login screen

RSS Readers

Saturday, June 3. 2017

Markets are communication systems

The Biggest Lie in Fitness - And the Truth About Building Muscle and Losing Fat

Despite the left’s best efforts, the Dakota Access Pipeline is now delivering oil

Desired for their labor, rejected as neighbors. Farmworkers in California face hostile communities

Paris: Trump Blocks First of Obama's 'Three Authoritarianisms'

The Left’s Unhinged Freakout over Trump’s Paris Accord Withdrawal:

Celebrities who still haven’t learned that their endorsement of anyone or anything usually yields the opposite of the intended effect also weighed in on Trump’s move. Hollywood’s most prolific climate celeb — the bed-hopping, jet-setting, yacht-cruising Leo DiCaprio — said he hoped Trump would make the “moral” decision to stay in Paris, then tweeted shortly after the president’s announcement that “today, our planet suffered.” Unhinged showgirl Bette Midler tweeted that Trump’s exit gave “BigOil a windfall” and that “there has never in US history been such a destructive megalomaniac in the WH. Thank you to US press and other numbskulls who put him there.”

Mark Ruffalo, known more for his environmental activism than for his marginal acting, tweeted that if Trump left Paris, the president would “have the death of whole nations on his hands. People will be looking to the USA for retribution for what they loose [sic].” Actress Alyssa Milano, who is approximately 0 for 432 on helping political candidates win, tweeted: “Oh my God, you really are a monster. @realDonaldTrump.” But the topper could go to George Takei of Star Trek fame, who tweeted: “Trump is having us pull out of the Paris Climate Accord. Too bad someone didn’t tell his father that he shoulda pulled out too.”''

The Amazing Arrogance of the Paris Climate Agreement

The Mao-lings on campus

Yale prof: Trump’s ‘mental impairment’ a ‘state of emergency’

The shrink needs medicating

Campus insanity will get worse before it gets better

The Dumb Politics of Elite Condescension

Charles Murray: 9 Facts You Might Not Know - He has done a lot more than just write 'The Bell Curve.'

Posted by Bird Dog in Hot News & Misc. Short Subjects at 05:53 | Comments (14) | Trackbacks (3)

Trackbacks

Trackback specific URI for this entry

PingBack

Weblog: www.thepiratescove.us
Tracked: Jun 04, 08:57

PingBack

Weblog: www.thepiratescove.us
Tracked: Jun 04, 09:13

PingBack

Weblog: www.thepiratescove.us
Tracked: Jun 04, 09:32

Comments

Display comments as (Linear | Threaded)

"Markets are communication systems." Exactly right. As a society we fail to sufficiently appreciate that fact. Democratic governments are communication systems, too, and we talk endlessly about that fact (i.e., what the voters are telling us). But too many of us fail to see and appreciate the far greater impact on our lives of markets. More thoughts on this theme here.

Thanks for this reminder on the importance of markets.

#1 George Putnam (Link) on 2017-06-03 08:48 (Reply)

George Putnam: "Markets are communication systems." Exactly right. As a society we fail to sufficiently appreciate that fact.

Preach it, Brother!

George Putnam: Democratic governments are communication systems, too

To expand on this a bit, modern democracy is more than voting, but the complex of interrelationships that comprise a democratic society; political parties, rule of law with an independent judiciary, political interest groups, and more generally, the entire fabric of society that distributes power and decision-making.

#1.1 Zachriel on 2017-06-03 10:12 (Reply)

The existence of actors and their interactions seem to have an impact on a good many things. Stop the presses!

QUOTE:

rule of law with an independent judiciary

You were asleep under a tree from January 2009 to January 2017?!?

#1.1.1 Bill Carson on 2017-06-03 10:52 (Reply)

Bill Carson: The existence of actors and their interactions seem to have an impact on a good many things. Stop the presses!

The existence of buyers and sellers and their interactions seem to have an impact on a good many things. Stop the presses!

Markets actually encapsulate information at many levels — as do modern democracies. Information is distributed throughout, and it is the complex of interactions that makes the system flexible and robust. The reductionist view of democracy with voting is why having elections in Iraq did not resolve the country's political problems. The underlying institutions were corrupt or seen to be corrupt.

#1.1.1.1 Zachriel on 2017-06-03 12:09 (Reply)

your political education stopped in junior high.

#1.1.2 Fetterman on 2017-06-03 11:30 (Reply)

We should start punching back with the argument that interference in free markets is interference with the right to free speech and free association.

#1.2 JK Brown on 2017-06-03 10:43 (Reply)

Hayak was right, the operative work being was. Perry, offering no further perspective for our times, leaves Hayak speaking theory to thin air.

For markets to be communications systems at the least price discovery has to be alive. Except price discovery is stone dead and in its place is wanton manipulation and crosslinked, parasitic decline, the currency wars.

That reminder is therefore nonsense; a rightist myth and appeal to a presumption.

#1.3 Ten on 2017-06-04 02:50 (Reply)

"Farm workers in California face hostile communities"

Of course. The system is upside down. The farmer gets $5 an hour labor and the homeowners get millions and millions in new taxes to pay for the increased need for schools, hospitals, welfare, police, disease, rape, murders, etc. Make the farmer pay a fair wage and the cost of the externalities that are created by bringing in these workers.

As for that lame ass excuse that it's the citizens fault because they like the strawberries, Jezz! Give me a break. Don't grow the damn strawberries. I would rather never eat another strawberry than have my taxes skyrocket and my country destroyed. Keep your strawberries and lettuce unless you can find some way to grow and harvest them without bringing in cheap labor.

#2 GoneWithTheWind on 2017-06-03 10:21 (Reply)

QUOTE:

The Left’s Unhinged Freakout over Trump’s Paris Accord Withdrawal

Trump's Paris Accord withdrawal would be significant were it not for the fact that, per Al Gore's spot-on predictions, the world has already become a charred, lifeless cinder.

On the bright side, said incineration occurred so quickly and thoroughly that mankind was mercifully spared the overpopulation and famine (capped off by another ice age, for good measure) we were promised back in the 70s. At the risk of making my implicit bias an explicit one, I'd call it a mixed blessing.

#3 Bill Carson on 2017-06-03 10:38 (Reply)

"Yale prof: Trump’s ‘mental impairment’ a ‘state of emergency’"

To those without the experience to comprehend, leadership can appear completely confusing.

#4 JK Brown on 2017-06-03 10:47 (Reply)

"Charles Murray: 9 Facts You Might Not Know - He has done a lot more than just write 'The Bell Curve.'"

Yes, he had a nice article at AEI a year ago pointing out how historically since Eisenhower, a Republican president has been little different that a Democrat president, excepting Reagan. He proffered this as a reason for Republicans to vote for Hillary.

Instead the constitutional majority, diverse in geography and enduring in time, went for Trump, something different. A change from the status quo of Progressives and "late" Progressives of the last 70 years or so.

And that has got the both sides of the Combine up in arms determined to see Trump does not succeed where they and theirs have failed for so long.

#5 JK Brown on 2017-06-03 10:54 (Reply)

Pubbies = Demoncrats is an engaging thought and not without some merit, but I was around with Carter, Clinton, and Obama and they are evidence that in the end, that calculation is, at the least, flawed.

One might say that Clinton disproves my assertion, but it was pretty clear at the time that Clinton was more pragmatic than most Demoncrats. His scandals and the Pubbie majority in the House and Senate restricted his ambitions - at one point, there was open discussion about whether he was relavent and then one year, he only held two cabinet meetings (one to lie that he had nothing to do with Lewinski and one to admit that he had lied).

Putting all that aside, I don't see how you can argue that Supreme Court nominees of the two parties are at all equivalent. Some nominated by Pubbies have been disappointments to Pubbies but ALL those nominated by Demoncrats are applauded by them.

Someone once said there wasn't a dime's worth of difference between the two parties. I used to dispute that strongly. I find, sadly, that I lean more to the small change difference but I still think it is somewhat more than a dime.

#5.1 mudbug on 2017-06-03 12:21 (Reply)

"To win in 2018 and especially 2020, Democrats need more identity politics — not less. They must address the widespread working-class revolt against global elites. Doing so is a pressing issue because in four years the Electoral College will again give outsize power to the working-class whites in Rust Belt states who delivered the last election to Mr. Trump." The writer ADMITS the Dems are FOR the Global Elites and not the working classes.
I await The Gang of Z's attempt to say otherwise.

#6 Sam L. on 2017-06-03 11:57 (Reply)

Democrats need identity politics but look at their recent leadership change and ask yourself if a black Muslim and a Maldef Hispanic can relate to a West Virginia coal miner, an automotive engineer, or a soldier. They have lost contact with everyone except academia, the beltway, and the MSM. They went off the rails and are in search of a tow and a clue....and the Bilderbergers can't even bail them out.

#7 indyjonesouthere on 2017-06-03 14:44 (Reply)

Add Comment

Name
Email	(Your e-mail will not show in your comment)
Homepage
In reply to
Comment	By commenting on this site you agree to the site rules listed here. Email addresses will not be displayed and will only be used for email notifications. Quick reference guide: [i] italics [/i], [b] bold [/b], [u] underline [/u], [url] (web address) [/url]. More tips here. Enclosing asterisks marks text as bold (word), underscore are made via _word_. E-Mail addresses will not be displayed and will only be used for E-Mail notifications. To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above: BBCode format allowed
	Remember Information? Subscribe to this entry

Maggie's Farm

Our Recent Essays Behind the Front Page

Categories

Quicksearch

Links

Blog Administration

RSS Readers

Saturday, June 3. 2017

Saturday morning links