Some Chicago Boyz know each other from student days at the University of Chicago. Others are Chicago boys in spirit. The blog name is also intended as a good-humored gesture of admiration for distinguished Chicago School economists and fellow travelers.
David Foster In reviewing the work of James Burnham (best known for The Managerial Revolution), George Orwell says:
Power worship blurs political judgment because it leads, almost unavoidably, to the belief that present trends will continue. Whoever is winning at the moment will always seem to be invincible.
The American is an interesting new business magazine, edited by James K Glassman. In the February issue, there’s an article by John Makin on China’s new Tibetan railway. The article starts with the following comparison: In 2005, Americans spent about $10 billion on women’s intimate apparel. During the period 2001-2006, China spent $4 billion building the 710-mile rail line from Golmud to Lhasa. From this comparison, Makin draws the conclusion that the contrast:
…highlights the difference today between the richest country in the world and the country that is gaining wealth at the fastest pace. One is consuming, the other investing.
Nick Cohen was raised by liberal and very political parents, and never met a conservative until he was 13. In this post, he writes about the evolution of his thinking and about leftist attitudes toward Iraq.
Cohen’s book, What’s Left: How Liberals Lost Their Way will be published in February.
Army of Shadows is a movie about the French Resistance, made in France in 1969. and never before released in the United States. It has been getting incredible reviews–“best film of the year”, according to one NYT reviewer–but has a very limited release schedule in this country.
Has anyone seen this? Does it measure up to the reviews?
I may go to the Jan 4 (Thursday) showing at Chincoteague Island, VA (Eastern Shore), if anyone lives around there and would like to join me.
In 1933, the Oxford Union debating society considered a resolution: “This House will under no circumstances fight for King and Country.” It passed by 275 votes to 153. Apparently, Hitler was told of the passage of his resolution, and it encouraged him to believe that Britain would do nothing to interfere with his depradations. Many other events–in Britain, in France, and in the US–sent similar messages.
Fast-forward to the present. Put yourself in the shoes of Iranian President Mahmoud Ahmadinejad, and consider what conclusions you might draw from recent events in the U.S.