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World Health Indicators
The prime indicator of whether the economy is in a recession is if people complain about Walmart – if more people are complaining, we are in a recovery, if people stop complaining we are in a recession. WalMart related angst is a luxury good.
If the military spends untold billions developing fighter aircraft that are too expensive to actually use (we’ve had air superiority for generations now, no one else is close, and missiles have huge advantages of human piloted craft) then America faces no real threats in the world, and the power that be feel free to reward constituents and districts with interesting graft instead of focusing on saving the country. Similarly, (while Peter Thiel is right, mass NSA surveillance is not a sign of competence, rather the opposite) the fact that the NSA devotes a lot of time and energy to spying on Americans by solving interesting technical puzzles instead of their legal job is a sign that there is no looming terrorist threat.
One universal truth I now recently recognize is the importance of projects to the middle aged – I’ve got my cnc machine and prediction tracking site, others have universal democracy and government health insurance, but at a certain age the projects become pillars of your worldview. I need to flesh that idea out a bit more.
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Quote of the day
The improvement of our way of life is more important than the spreading of it,” Colonel Lindbergh told his countrymen. “If we make it satisfactory enough, it will spread automatically. If we do not, no strength of arms can permanently impose it.”
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Quote of the moment
From Robbie Fulks
When an invention is ready six guys will come along and invent it at the same time.
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Quote of the day
Introducing the song “I like being left alone” , and describing it as sort of a libertarian anthem –
Think of it as Ron Paul Sartre
also from the song:
I like water
I like air
I like space, but not to share
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The greatest youtube video ever
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Quote of the day
Make mistakes of ambition and not mistakes of sloth.
Develop the strength to do bold things, not the strength to suffer.Machiavelli
I think the second line is the more telling. I remember Tyler Cowen (I think) describe raising children as the proper determination of what activities will be character building and which will be needless suffering.
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Quote of the day – probably posted before
I want to live in a world where it’s easier to do good.
From Utah Phillips
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Your link of the day: Michael Malloy
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Random thought
In matters where we have no personal interest – Canadian logging say – then we will usually reflexively follow the adage “if a little won’t do a little, then a lot won’t do a lot” if some venture or initiative fails. IE we reinforce success.
However, on matters where we do have a personal favorable interest, then that goes out the window and we reflexively start to think that things just “did not go far enough” and more resources are needed and we start believing in Green Lantern Theory and the Care Bear Stare.
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Quote of the day
“Confidence is the feeling you have before you fully understand the situation”