Bill Quick explains the incentive structures that respectively contribute to old-media dishonesty and make the blogosphere both more honest and an effective check on the old media’s tricks. Worth reading.
(via protein wisdom)
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.
Bill Quick explains the incentive structures that respectively contribute to old-media dishonesty and make the blogosphere both more honest and an effective check on the old media’s tricks. Worth reading.
(via protein wisdom)
Beslan seems to have raised a lot of consciousness (as lefties might put it). Until a few weeks ago most of us didn’t seriously consider the possibility that such an attack could happen here. I think that a lot more people now realize that it could easily happen. Lex is right on all points.
What would happen if it happened? I thought we might not handle it well the first time, and I still think that’s likely to be the case. Matthew Heidt comes to a similar conclusion from a much-better-informed perspective. I agree with Lex and Dave Kopel about the value of armed teachers (and why not parents too), but the PC grip on our educational system is so strong that I suspect many deaths will occur before such common-sense protective measures become accepted. (Links via Instapundit and Hugh Hewitt.)
Lex pointed out this excellent interview with Milton Friedman. It’s a few months old but still well worth reading — as are all interviews with Milton Friedman.
Instapundit links to an excellent interview with the great artiste. Here’s a representative sample:
[interviewer]: Did you ask him about his relationship with Juanita in Miami?
[Stone]: God, I don’t remember. There were so many women.
[interviewer]: Juanita is his sister.
[Stone]: Juanita’s his sister? … He seemed to be a very straight-shooter, very kind of shy with women.
[interviewer]: I’ve called him the movie star dictator. Did you get that sense about him?
[Stone]: Totally. I think it would be a mistake to see him as a Ceausescu. I would compare him more to Reagan and Clinton. … They were both tall and had great shoulders, and so does Fidel.
[interviewer]: For the second film, you received permission to see the dissidents [Stone]valdo Paya, Vladimiro Roca, and Elizardo Sanchez. They spoke critically of the government. Obviously, that couldn’t have happened unless permission for them to see you was granted, right? What do you make of Castro allowing that to happen?
[Stone]: I don’t think he was happy with it. I don’t think he wants to be in the same film with Paya. In his mind they are faux dissidents.
[interviewer]: He actually calls them faux dissidents? He called them the so-called dissidents?
[Stone]: Yeah, so-called, right. I was in Soviet Russia for a script in 1983, and I interviewed 20 dissidents in 12 cities. I really got an idea of dissidents that was much rougher than here. These people in Cuba were nothing compared to what I saw in Russia.
[interviewer]: Did you ever think to bring up why he doesn’t hold a presidential election?
[Stone]: I did. He said something to the effect, “We have elections.”
If you’re naive it’s easy to conclude that leftist cultural icons like Stone have some special insight. After all, they seem so confident in their views, and so many people in the press treat them deferentially. But it can take nothing more than a few pointed questions to make clear that a famous maker of politically themed movies is an ignorant fool. What’s remarkable is how seldom journalists ask such questions. But once in a while someone does, and once in a while the interviewee lets his guard down and the celebrity balloon deflates. (I give Stone credit for risking a hostile interview. Famous leftists like Barbra Streisand, who issues proclamations on her web site but otherwise shirks open debate, deserve even less respect.)
Rob the BusinessPundit has a post on corporate philanthropy that echoes my own sentiments:
I tend to err on the side of business and say that a business is only responsible for major, direct, negative effects of its policies (like pollution). My problem with making companies too concerned with social activities is that the causes they champion aren’t necessarily the causes I, as a shareholder, would prefer they champion. Why should they get to make the decisions about which charities get funding? Shouldn’t they give that money to shareholders and let them decide what to do with it? Ultimately, I wish these people that hate corporate profits so much would form their own non-profit companies. Let them figure out how to produce pharmaceuticals and computers and cars and everything else without using profitability as a guide. If they succeed, then great we will all be better off. But my guess is that they will fail. When companies follow profit, they follow what consumers want. Profit comes from satisfying consumer needs. That is social responsibility. There is a demand for solutions to societal problems. Over time that demand is being met. That is why a poor person today eats better than a king did several generations ago.
It’s worth reading in full.
UPDATE: Lex and I have a long exchange of views in the comments.