Better Odds

Market-determined probabilities of Saddam Hussein’s removal from power have been increasing over the past few days. End-of-March odds last traded at 34%, while end-of-June odds were at 80%.

Thomas Atkins is Fine, Thanks

I recently expressed concern regarding the state of the British military, since the guys at Libertarian Samizdata were saying how decrepit their weapons are, etc. Iain Murray was kind enough to point me to this very good article, an interview in the Sunday Telegraph with the new Chief of the British General Staff, General Sir Mike Jackson. General Jackson seems like a very sound and sensible man, frankly acknowledging the weaknesses of the British military, but equally confident about its strengths and the contributions it can make. Asked if the lack of “overwhelming support” from the British public would hurt morale, General Jackson responded with this jaunty quip: “The British soldier is a fairly robust being and I don’t think we need to feel concerned, at the moment, that he feels unloved.” Asked if the Americans would really rather fight alone, and only want the British along for political reasons, he responds with this blunt comment: “If that is so, I would think it was somewhat of an ungenerous view but they are perfectly entitled to have it. The United States’ military capability is far ahead of everybody else’s.” But he goes on to add that “It’s not just a matter of politics. It is a sense of burden-sharing, which is quite important, not having to do this on one’s own.” An interesting distinction, which he in part clarifies with this interesting comment:

If this conflict is fought, logic says there will be a post-conflict situation, and in my view the post-conflict situation will be more demanding and challenging than the conflict itself, which could be relatively swift and with low casualties. Then there is the question of rebuilding, and I don’t mean that in the physical sense, I mean rebuilding the body politic of Iraq. The outcome desired is very clear: an Iraq in its present borders, at ease with itself, with its neighbours, with a representative government. And that will take assistance in the same way as Afghanistan did. I have no doubt that if this set of circumstances comes about the United Kingdom will be asked to play a part in that process. Its not just a military process. Frankly, it’s far from being just a military process. It is many-faceted: economic reconstruction, political development, humanitarian aid, the return of four million presently expatriate Iraqis, and I imagine the bulk of them would wish to go home. Dare I say it, the British Army is very experienced in this.

All in all, he sounds like a good man for the job, and I think a lot of us are glad the British are on board, particularly for the “particularly challenging post-conflict situation”.

Lex Rebuts “ParisLawyerPundit” and His Pal Zbig

I got an email from my friend the hot-shot lawyer in Paris, whom I shall refer to as ParisLawyerPundit. He’s an American, but grew up all over the place in Europe, so he is a genuinely trans-Atlantic guy. PLP is also a product of the University of Chicago Econ Dept., so he is some kind of honorary ChicagoBoy, too. PLP described how an American pundit of his acquaintance was on French TV last night:

… [H]e tried to convince French politicians and pundits that just because the US is outraged over 9/11 et seq. the unilateral decision to station 200,000 troops on the border at circa. $100 million / day is cause sufficient to stop waiting, forget international law, and Just Do-It, and unilaterally regime-change a despicable dictatorship. I think Zbig Brzezezeinski is right on the money when he says, the “global legitimacy of American leadership” has been “progressively undermined in the course of the past 6 or 7 months”, the “world has moved from surprise at the unilateral raising of the Iraq issue, to concern at a solitary war to general uneasiness at the priorities of the Bush administration”. As he says, “the US needs to face up to the fact that the Middle East’s political problems have proven to be the springboard for Middle East terrorists.

This seems to capture the most sensible possible Francophone position I have seen yet – agree with Zbig that Dubya is way off the ranch. I responded with less than cool rationality as follows (with minor editing):

Wow, I wish I’d had the chance to make that pitch to the French! It would have been fun.

But punditry doesn’t matter at this point. The French think we’re crazy. They have their reasons. In fact, they are kinda right. The US got smacked on 9/11 and it has its blood up. Bush is leading us one of the USA’s intermittent crusades. The rest of the world wets its knickers when this happens because there’s no saying how it is all going to come out. But Bush’s logic is simple. The Muslims live in shitty countries and blame us, so they hate us and want to kill us. We have to knock out Saddam anyway, the crazy bastard, since he’s gonna get a nuke. And the US Gov. really does believe this and fear it, as do I. So, Iraq gets to be the petri dish where we’re gonna try to grow something like an Arab-speaking democracy, where we will undo the root causes of terrorism by changing the whole region, starting with Iraq. We have to do this because the long-term alternative is more and more and worse and worse terrorism, culminating in the USA treating the whole Arab world as if they were the Apaches, which would be a catastrophe for them, physically, and for us morally. So, Bush, who is nothing if not a high-stakes gambler, is putting all his chips on this Fukayama-esque root-causes scenario. As a great Chicagoan said: “Make no small plans”.

If the foregoing does not convince you, then we are left with the argument many American’s find even more compelling: “fuck it, let’s roll”.

If it works, it is the wonder of the age. If it fails, the Donks get to clean up the mess after their blowout victory in 2004.

I can see why some other people in the world of a less sunny and optimistic bent might say, “uh, wait a minute … .” Or, if they are cynical, saying, “the USA cannot possibly mean this, what is their deep, dark, REAL reason … .” But it is just what Bush says it is. I watched his speech the other night. He means it. He radiated a visionary sense of messianic purpose. We are going to bring freedom to Iraq. Look out world.

Oddly, for a Hobbesian-derived U of C product like me, trained in the systemic-determinist school of thought by Prof. Mearsheimer, and the heartless logic of Hirschliefer’s microeconomics text, I think we have a pretty decent chance of achieving something spectacular in Iraq.

Anyway, at this point, everybody wins, except Saddam, who dies. Bush gets his war. The Iraqis get rid of Saddam and his torture chambers and get American chow, medicine, roads, etc. for a while. The French get to enjoy their temporary role as “the other superpower” by being the rallying point for anti-Americanism worldwide, which no doubt provides them with delectable, near-orgasmic thrills. The Arab “street” will get to enjoy a period of sullen calm since it respects and fears force and despises and attacks weakness — so they get a little break.

What’s not to like?

One thing, at least, Brzrzenzxnski is wrong about: “solitary war”? Mais non! Every inconsequential country is on our side, something like 40 of ’em. Plus, Britain is a player, and they are in this. Blair survived that big vote the other day. He aint goin’ anywhere. So it is the perfidious Anglo-Saxons shoulder to shoulder in a return performance fighting jointly against tyranny. I am whistling ”British Grenadiers” as I type this. Bully and pip pip!

The main thing is that Bush is taking a huge risk with his eyes open. That’s the kind of guy he is. This post from National Review Online linked to this story, which nicely captures this aspect of Dubya’s leadership:

The downside for Bush is that he’s the undisputed father of any future failure. If the war doesn’t go well, if post-Saddam Iraq erupts in chaos, if other Middle East governments fall, if there’s an upsurge in terrorism, if the economy continues to flatline, there’s no one else to blame. Bush has so personalized these battles that the outcome will determine the fate of his presidency.

Bush isn’t afraid of any of this. He decides what he wants to do and does it. He looks at risks, looks at the potential rewards, and throws the dice. This must be terribly frustrating for the people who disagree with him. But, so far, I like it.