Becker & Posner

Gary Becker and Richard Posner of the University of Chicago have now started a weblog, believe it or not. The format is a little daunting, in that the first thing you see today is a pair of essay-length replies to previous essay-length postings. Also, they were both on today’s Wall Street Journal editorial page, unfortunately available to paid subscribers only. Reading the dead tree edition, I was struck by Posner’s argument that it is irrational to neglect remote but catastrophic possibilities such as tsunamis in previously quiet regions and asteroid strikes anywhere. The amounts spent might well be wasted money, but the consequences of failing to avoid the disaster are insufferable.

What struck me is that he should have given credit to Blaise Pascal, who first advanced this argument as Pascal’s Wager.

Anti-Americanism

Some of the recent articles at David’s Medienkritik and No Pasaran are not only depressing in themselves, but even more so in aggregate. Whatever the occasion, there is something the US did wrong. The degree of hatred expressed by the European left is orders of magnitude out of proportion to any wrongs we may have done them, a mindset shared by multitudes in the Middle East. That is, of course, unless they both still resent our role in the implosion of their sponsor, the USSR.

I think that there is also a fundamental misunderstanding of the US in Europe and in much of the rest of the world as well. Fundamentally, we are a regional power that has outgrown its region. With vast oceans east and west, friendly nations north and south, and only weak enemies in our hemisphere, Americans have often felt the rest of world needed a good, brisk leaving-alone. We had a war in 1812 – comparatively a small war in the years of Napoleon’s bloody project – and didn’t appear again on the world’s battlefields until Great Britain helpfully showed us that Germany was trying to get Mexico to enter the war on their side by invading us (the Zimmerman telegram). We avoided the Second World War until it came to us. Until that point, there was sympathy for Great Britain and China, but the war fell into the category of Europeans doing stupid and cruel things to each other, with Japan taking the traditional European role of ravaging China.

The change came when we realized that the USSR was no more kindly disposed toward us than the Nazis had been. Mass graves full of class enemies or of racial enemies were pretty much the same thing to us, if not to the more sophisticated and learned Europeans, and if preventing them meant we couldn’t go home, we didn’t go home. That doesn’t mean we didn’t want to.

From Washington’s farewell address in 1796:

The great rule of conduct for us in regard to foreign nations is in extending our commercial relations, to have with them as little political connection as possible. So far as we have already formed engagements, let them be fulfilled with perfect good faith. Here let us stop. Europe has a set of primary interests which to us have none; or a very remote relation. Hence she must be engaged in frequent controversies, the causes of which are essentially foreign to our concerns. Hence, therefore, it must be unwise in us to implicate ourselves by artificial ties in the ordinary vicissitudes of her politics, or the ordinary combinations and collisions of her friendships or enmities.
Why, by interweaving our destiny with that of any part of Europe, entangle our peace and prosperity in the toils of European ambition, rivalship, interest, humor or caprice?

The Europeans have to understand that this distance from their affairs is more than physical. Frankly, we would be content to never think of them except in terms of trade and vacation destinations. We’re willing to ignore you as long as you do the same for us. You don’t have to like us. You don’t even have to notice us. Just leave us alone.

If only Osama, Mullah Omar, and Saddam had been able to absorb this simple idea.

Sarbanes Oxley

According to an unsubstantiated rumor, PricewaterhouseCoopers (the largest of the Big 4 accounting firms) has sent one of three letters to the boards of directors of their audit clients with December year-ends. The first says that the company is likely to pass its tests of internal controls; the second that the company could maybe pass if they bust their humps; the third is that they are unlikely to get a clean opinion. The unsubstantiated rumor also has it that as many as one-third of their clients are getting letter number 3 and are truly, deeply unhappy about it. I will be happy to retract this post as the occasion requires, since my source could be blowing more smoke than Pittsburgh in its heyday. We should know shortly.

Friday Frivolities – A Guide to the New Food Pyramid

The Chemical Group
These substances benefit the central nervous system, causing it to speed up, slow down, or cross the median strip and flip over. They include:

  1. the Alcohol family
  2. the Tobacco family
  3. the Pharmaceutical family

Because the vitamins from this group are not stored in the body, daily consumption of one or more servings is recommended. Some pharmaceuticals (aspirin, Maalox, etc.) are useful in reducing the side effects of other members of the chemical group and permitting more frequent and thorough use of them.

Firearms and explosives are often associated with this group and are actually regulated by the same federal agency, but they are rarely consumed.

The Grease Group
This is the main part of a healthy diet. You should include five or more servings from this group in your daily intake. Examples include the three C’s of chips (also a good source of salt), chocolate, and cheese. Otherwise objectionable substances such as vegetables can be rendered harmless by dipping them in batter and deep-frying, converting them to healthful grease. Many ethnic favorites, such as Wisconsin-style cheese curds, are prepared according to this method, which enhances their nutritional value. There is considerable overlap with the sugar group, especially in baked goods. Pizza, cheeseburgers, and onion rings also contain good amounts of grease. Chocolate, in the form of chocolate candy, is the queen of all grease, participating as well in the sugar group. White chocolate, it must be conceded, is greasy and sugary. However, it is a pale imitation. It bears the same relationship to real chocolate as phone sex to sex.

The Sugar Group
Another foundation of a healthy lifestyle, sugar is prized by humans and quadrupeds (especially horses) alike, attesting to its natural beneficial properties. Although commonly derived from plants (sugar cane and sugar beets), it is processed to chemical purity as a disaccharide (C12 H22 O11) to the point that its vegetable origin is irrelevant. The sugar group can be usefully sub-categorized as candy (licorice, chocolate, mints, etc.), baked goods (donuts, brownies, Twinkies, Ding Dongs), frozen (ice cream, Milky Way bars), or condiment (hot fudge sauce, maple syrup, plain sugar). Quickly and easily digested, it is a primary source of nourishment.

The Salt Group
Aside from chips, which are properly considered members of the grease family, salt is present in many baked goods such as pretzels. Putting salt on the rim of a margarita glass is a pleasant way to get part of your daily alcohol, and there is not usually enough lime in the mix to be a problem. The nice thing about salt is that it can be sprinkled on nearly everything. Try adding a teaspoon of salt to your blob of ketchup when dipping your french fries.

The Caffeine Group
Although scientifically considered to be part of the chemical group, caffeine delivery systems form such an important part of a healthy lifestyle that they are afforded their own category. Foremost in this group is coffee, plain and simple, and all its derivative forms: lattes, espresso, cappuccino, pousse-café, café au lait, Irish coffee, and so many more delights. Adding grease in the form of cream and sugar only improves it. The abomination of decaffeinated coffee should not be discussed in polite company. Soda (regional nomenclature varies; pop, tonic, and co-cola are known to be used) often includes generous portions of sugar as well as caffeine. Jolt Cola, the favorite of coders, is especially good, containing extra caffeine, sugar, carbonated water, and mysterious “flavors.” Tea, and its chai derivations, is a junior member of this group. It is sometimes favored by interesting women but is otherwise unremarkable.