Thursday, April 21, 2011

On Alexandra Wallace and Jack Stuef (Words have consequences)

Over at Popehat, Patrick links to the story of this guy Jack Stuef, who wrote a despicable article at the blog 'Wonkette' mocking Trig Palin, Sarah Palin's disabled son. The post has since been deleted.

In the comments thee, I wrote about why even though the guy is clearly a fool and a dickhead, I still feel uncomfortable at all the internet piling on:
I guess I might be the only voice of dissent here. Not that the article wasn’t reprehensible, and the guy a real piece of work. But I’m reluctant to pile on too much.
It’s just that people say horribly nasty things all the time, but mostly it doesn’t ruin the entire rest of their life. And broadly I think that’s as it should be. Even if you think it’s just in an absolute sense if this article ruins Jack Stuef’s reputation, it’s hard to see it as just compared with the lack of any consequence for all the other nasty stuff that people say to each other in private, in jokes, behind each others backs, all the time. The only difference here is the internet.
And these stories always tend to go the same way. Person writes a blog post or uploads a video with something flippant and risque on an offensive subject. They’re feeling on a roll, laughing to themselves and not thinking too hard. They’re forgetting that all the tone and inflection they have in their head doesn’t get translated in writing. And they press ‘post’. And suddenly it goes viral, they get a torrent of hate, and they’re forced to belatedly reflect on how the article would appear to someone who didn’t find the joke funny. But by that point it’s too late. They can’t take it back, the internet never forgets, and that’s all people will see when they google their name, forever.
I've never written anything that bad in a public forum, but I’ve sure sent emails I regretted, often following exactly the first half of the script above.
Does writing a post like this make you an insensitive d*ckhead? Absolutely. Is the post substantially more nasty than civilised people would think, even in jest? Sure. But should it ruin your whole life? To me, no. This guy seems like a piece of crap, but I still feel a bit sorry for him, the same way I did for Alexandra Wallace.
Reading it over now, it sounds more sanctimonious that was intended. (Once again, inflection is hard to convey!) Patrick pointed out, quite rightly, that this guy is a professional writer on a large blog, who writes this kind of nasty stuff for a living. Which is a fair point. In other words, this isn't the case of someone who wrote something ill-considered that just spread far wider than they intended (like Alexandra Wallace, the girl who posted a dumb video complaining about Asian students at UCLA and got hounded out of the school).

So maybe it is appropriate in this case.

In which case, let these remarks be not about Jack Stuef, but about the impact of the internet on people's ill-considered statements.

A good number of the worst decisions I've made in my life have taken on similar forms to narrative above. Find something funny in your head, do it quickly in the heat of the moment thinking it will be a hilarious gag, and then 5 minutes later (when I've calmed down) realise it wasn't that funny and the other person will be quite offended or hurt, but that it's too late to take it back.

I've been lucky that the times I've done this, it so far hasn't led to any permanent life-altering consequences. Alexandra Wallace has not been so fortunate. She, unlike me in the past, made the mistake of making the joke on the internet.

If she'd said her rant to her friends, they might have laughed. They might have rolled their eyes. They might have stopped talking to her, called her a racist scumbag, and trash-talked her to everyone they knew.

But she wouldn't have been on the receiving end of the 5 minutes of internet hate, which made her decide to leave UCLA, and made this video the first thing that every potential employer and acquaintance will ever see when they type her name into google. Even if she'd printed this in a newspaper 30 years ago, it would have been disseminated much less.

The only difference is the internet. Things can be spread far further, and far faster, than the person intends. And they can't be taken back.

In other words, the consequences are now way way worse, even if the sin of saying shitty things is the same sin that it was 50 years ago.

One argument against having laws that aren't widely enforceable is that the people who get punished get sentences that are way harsher than the many others who did the same thing, but were lucky enough to not get caught. And this offends peoples sense of fairness, that ideally the same actions should get the same consequences.Think of music piracy. The RIAA lashes out at the tiny number of people it can sue, vainly trying to deter  the millions of others it knows it can't stop.

It's the same here. There are millions of people who write really nasty things on the internet - the world is full of clowns and fools. But I still find myself uncomfortable with the process that periodically singles out a couple of of them for massive punishment as a symbol of the sins of the many.

Wednesday, April 20, 2011

Assorted Thoughts From Coachella

- If I were a musician, I would find it infuriating how crowds can't clap in time, but keep getting faster and faster. I find myself always clapping a tiny bit later than most people (on the beat, of course), vainly trying to maintain a rearguard action to stop the acceleration. It never works, of course, unless you get an audience of musicians. Which you never do.

- Concerts are a fast way to increase misanthropy, because there's always some tool there doing annoying things - talking really loudly while the song is playing, pushing past you to get to the front, stepping on your shoes, dancing into you, being really sweaty etc. And all forms of toolishness get more intense as you get closer to the stage, which is where you'd ideally like to be located.

-On that front, is there any concert behavior more obnoxious than starting an impromptu 'mosh pit' of just bashing into each other? There's always some bunch of imbeciles that think just want to bump into each other, with complete disregard for the fact that they're also bumping into the people at the edges of the spontaneously forming circle (as everyone tries to move away from the tools). The circle just reinforces the problem, as the turds run further out, guaranteeing that they keep bumping you. In a better world, it would be acceptable to punch anyone who ran into you.

-Coachella draws on an audience primarily of rich, young, reasonably socially adjusted white hipsters. And when you select on those things (the first three much more than the fourth), it's amazing how attractive the average person is. There were hardly any fat people there, and there not too many real weirdos. Demographics is attractiveness.

- There was a fair amount of pot being smoked at the concert. And you know what problems this created? Nothing. Absolutely nothing. Personally, I have zero interest in marijuana, and have never tried it. But it's hard to see these situations in action and not find yourself thinking 'Wait, why exactly are we sending people to prison for doing this? What exactly is the harm we're trying to prevent?'

-Musicians really are addicted to cheap crowd-pleasing lines. 'Hello Coachella' [WOOO!!!]. 'Is everyone having a good time? [WOO!! YEAH!!!]. And the really controversial -'It's great to be here in California!' [ALRIGHT! ROCK!]. Who can blame them though - it works!

- White people seem unable to listen to reggae that isn't made by someone with the surname 'Marley'. If I were a reggae artist, I'd change my name by deed poll to Shylock Marley, just for the extra record sales.

Tuesday, April 19, 2011

Miscellaneous Joy - Free Speech Edition

- In honour of this blog getting its first real troll (with updated responses you should check out!), I give you this great article "Haters Gonna Hate (And Why You Should Love It)" (via SMH)

-Britain has decided that if it can't fully implement sharia-compliant law, it can at least use hate crimes legislation to generate outrageous sentences for violations of other trivial laws. A soldier was convicted for 70 days for burning a Koran that he stole from the library. Yes, the trivial violation is that he stole a library book. I'm guessing that if you fail to return your copy of a Stephen King novel and burn it, they're not going to throw you in prison, but maybe property rights are the new black. This will be great news to British homeowners, who anecdotally have great difficulty getting the police to be even vaguely interested in investigating non-violent burglaries. The Koran burning was in response to a Muslim man who had previously burned a poppy (a WWI veterans symbol in Commonwealth countries). Apparently he hasn't been prosecuted. Neither, to my knowledge, has this guy. For the poppy guy, I'm sure they could drum up some charge of smoking in a public place or disorderly conduct if they were interested. Which, of course, they aren't.

This blog is of course firmly in favour of people's right to burn Korans, Bibles, flags, poppies, cigarettes, coal, marijuana and anything else. Except burning Cyanoethylene in public places - that shit releases Hydrogen Cyanide, yo! But avoid those censorious PC thugs from the UK government and make sure you've legally purchased your own Koran first! Even if you do think that a library book is bought with stolen taxpayer dollars, courts apparently frown on this form of argumentation.

-Hilariously, non-Muslim groups are catching on to this 'anti-blasphemy' thing too - the photo 'Piss Christ', of a crucifix in a jar of urine, was destroyed by "French Catholic Fundamentalists" (now there's an expression you don't hear often).

Hilarious quote from the museum director:
The gallery director, Eric Mézil, said it would reopen with the destroyed works on show "so people can see what barbarians can do".
Yes, Andres Serrano taking photos of crucifixes in urine is exactly the apex of civilisational achievement. Right up there with democracy, the common law, and the scientific revolution. He's a regular Voltaire, this guy.  

"Brave" artists mocking Christianity while cowering from drawing a cartoon of Mohammed on the one side, angry censorious humourless Christians on the other side - like Kissinger said about the Iran/Iraq war, it's a shame they can't both lose.  In reality, the Christians will go to prison, and Andres Serrano will feign outrage while quietly adding an extra zero onto the price tag of his artworks.


- And in non-free-speech news, apparently there's a new contender for pets even better than the marmoset - tame foxes! (via Ace)

Monday, April 18, 2011

How to arrange a meeting via text message when there's bad reception

So I spent the weekend at Coachella (of which you will hear more soon). But one thing that stuck with me was how bad people are at sending text messages when they need to meet up at these types of big concert festivals. There's way too many people for the mobile phone towers to accommodate, so you you don't know exactly when the person will receive the message. Spotty reception makes people check their phones less frequently, and this makes the problem worse.

But people don't take this into account at all when they're trying to arrange to meet someone. They send text messages in exactly the same way as if they would be read and delivered instantaneously. And it's a disaster.

The typical message will be something like this:
Bob (t+0:00): Hey, want to meet up?
Sam (t+1:00): Sure where do you want to meet?
Bob (t+2:00): I'm at the Strokes. Want to join me?
Sam(t+3:30, who received the last message after the Strokes had finished playing): Where are you now? Want to meet at the food tent?
etc.

In other words, they never meet up.

You need to design your messages quite specifically with a few principles in mind:

1. Don't try to arrange anything within less than say, 2 hours. You won't know when they'll receive it, and it will just confuse matters when they receive it after the time you suggested.

2. As a corollary, never base anything on where you are now or where they are now, unless you're planning to stay there for ages.

3. Try to arrange matters with messages that require the smallest possible number of replies. They should be able to just respond with 'yes'. Even better is if they don't need to respond at all.

4. To do this, add the largest amount of detail immediately, and suggest a default option.

5. Assume that whoever you send the message to will not know how to respond sensibly, so direct their actions.

6. Suggest meeting points that are completely obvious to everyone. Avoid anything ambiguous.

So how does this work? Here's an example

A message that requires one response, and a simple response at that. My default:
Do you want to meet up? How about the Ferris Wheel at 5pm? If that doesn't work, I could also meet there at 2pm, 4:30pm or 6pm, so feel free to suggest another time or place
You can even write things that don't require any responses, particularly if you don't know if they'll be able to respond in time (and don't mind waiting):
Let's meet up. How about the Ferris Wheel at 5pm? If I don't hear from you, I'll wait there from 5 until 5:10pm, and if I still haven't found you I'll come back at 6pm and wait until 6:10pm
The second message can be acted on even if they receive it 15 minutes before, and won't have time to message you back.

These messages obviously look a bit odd to the normal banter people send back and forth. But rest assured, I meet up with the people I want to meet up with, and most of the OMG LOL teen set don't.

Forward planning matters, suckas!

Sunday, April 17, 2011

"Buy your V.I.P. pass" - an obvious misnomer

If you have to buy it, you're probably not 'I.' , and almost certainly not 'V.I.'.

Thursday, April 14, 2011

"I know a place that'll saw your legs off!"

Consent is a murky concept.

No, I'm not talking about the "She may have been nearly passed out but she was totally asking for it, and besides, I was drunk too".

I mean the question of exactly what the law will allow you to consent to in terms of an assault.

At one extreme, the law has long recognised that you can't consent to be murdered. The German cannibal who killed and ate his apparently consenting victim was charged with murder anyway, and the same thing would be true in nearly all first world countries.

And most people are quite happy with this. The average person's response to the plea "But he wanted to be killed!" is likely to be "Stiff shit. Off to prison for you, freak." And that's not unreasonable, certainly as a matter of policy. Murder is not a tort against the victim (for which the victim receives compensation), but a crime against the state (for which the offender receives punishment). And the State reserves the right to punish you, regardless of whether the other person agreed to it.

On the other hand, you can consent to be slapped. You can consent to a boxing match. You can consent to be whipped by a dominatrix.

But somewhere between the two extremes, things get less clear. Should you be able to consent to get your arm sawed off? What about just cut really badly?

This question came up in the context of a lawsuit against Jeff Williams of St Petersburg, Florida, who was paying homeless men to be beaten up on camera by scantily clad women.

Now, the question is not whether you should be revolted by this behavior. This guy is a repulsive excuse for a human being.

But to the law, that's not the point. Can you honestly draw a sharp distinction between this and say, mixed martial arts?

Let's look at the injuries suffered:
Shaw suffered broken ribs, a dislocated jaw, back injuries and a dislocated arm on two different visits to 73 16th St. S. Grayson, the suit says, sustained bruises and multiple lacerations.
Sounds bad, but take a look at the early UFC fights - they were just as bad or worse.

You can definitely point to differences. The guys may have mental problems. There weren't medical people on hand in case something went awry.

But be honest, is that really what's wrong here? Would you be actually happy with the situation if it were only homeless guys without evident mental problems and a doctor around?

And sooner or later, you run into the reason this gets thorny:
"They’ve come back many times, which makes it pretty consensual," Williams said.
And this is where things get weird. Nobody appears to have been charged with an actual crime. That's what happens when people (through their elected representatives) decide that some assaults are too unconscionable to be consented to.

That's not what's being argued here, at least by the state.

Instead, this is argued as being a tort against the homeless guys themselves. I'm no expert on US torts law, but this seems odd to me, because they got exactly what they consented to. As a matter of decency, I hope they win and get the injunction. As a matter of law and precedent, I'm more hesitant.

I think instead it's a response to the fact that the average person finds this intolerable for reasons they would struggle to articulate clearly. Torts law is not the right instrument for this, but it is more flexible, and can be used (in this case for getting an injunction) when the police aren't willing to make a prosecution.

It seems we are finding out what philosophers have known for a long time - namely, that law can never be a substitute for morality. Society functions not because we can outlaw all possible bad behavior, but because they have citizens with a sense of shame and decency.

In a society full of scumbags like Jeff Williams, it will always be impossible to outlaw every disgusting act.

(Link via Marginal Revolution, subject line via The Simpsons  - search for 'Power Plant Commercial' on the page)

Wednesday, April 13, 2011

Bets I do not wish to take

Hacker News recently linked to an interesting article on this guy who is devoting his life to learning how to become a golf pro. He had no experience in golf, but is testing out the theory that 10,000 hours of practice can make you an expert in anything. This is an idea popularised by Malcolm Gladwell in his book Outliers.

The article received a huge amount of votes, although I don't know why. Maybe it's the 'you can accomplish anything!' can-do spirit.

Personally I think it's crazy. Not trying to become a professional golfer necessarily, although maybe that too.

No, what is truly crazy is being willing to wager six years of your life in order to test an idea based mainly on a Malcolm Gladwell book.

Steven Pinker nailed exactly what's irritating about Malcolm Gladwell, with one of the best zingers I've read in a while:
"An eclectic essayist is necessarily a dilettante, which is not in itself a bad thing. But Gladwell frequently holds forth about statistics and psychology, and his lack of technical grounding in these subjects can be jarring. He provides misleading definitions of “homology,” “saggital plane” and “power law” and quotes an expert speaking about an “igon value” (that’s eigenvalue, a basic concept in linear algebra). In the spirit of Gladwell, who likes to give portentous names to his aperçus, I will call this the Igon Value Problem: when a writer’s education on a topic consists in interviewing an expert, he is apt to offer generalizations that are banal, obtuse or flat wrong."
Ouch, that's gotta sting.

More importantly, that's gotta make me not willing to invest huge amounts on a persuasive and quirky collection of cocktail facts.

Tuesday, April 12, 2011

Phrases designed to infuriate economists

"About 50 high polluters to bear carbon tax brunt, Greg Combet tells Press Club"

Politicians love statements like this. Don't worry about this big tax I'm about to pass, it will only be paid by those evil corporations!

The first problem with this is that corporations don't pay tax, shareholders pay tax. A corporation may be a separate legal entity, but sooner or later its cashflows belong to the shareholders, who are real flesh and blood people.

In Australia, this is particularly pertinent as superannuation retirement savings are (by law) generally invested at least partly in the stockmarket. So the only people paying the tax are those evil corporations and, oh, your retirement portfolio.

But suppose we don't care about those evil capitalist shareholders either - we're cool then, right?

No, we're not. You can place a tax on producers but that doesn't mean it will end up being paid by the producers. In economics terms, the incidence of a tax does not stay where it is placed.

So who else pays for it?

Customers, that's who. If I raise taxes on coal and petrol, part of that cost will be paid for by coal and petrol producers in lower profits, and part of it will be passed along to consumers through the form of higher coal and petrol prices. And part of those coal price increases will in turn be passed on to consumers of other products, who pay more for all the items that have to transported via petrol powered cars, and manufactured in factories running on coal powered electricity. Which is to say, everything in the economy.

The only case where coal producers pay the whole amount is if demand for coal and petrol is perfectly elastic. That is, if the price of petrol rises by one cent, you reduce your demand for it to zero.

Is that how you decide whether to fill up your car each week?

No, me neither.

This tax will be paid by the general public twice, once as shareholders in companies, and again as consumers of products produced by fossil fuels.

Typical of fools from union backgrounds, Greg Combet appears to view the world as a zero sum game of workers against the corporations. He is either ignorant of basic economics, or is being deliberately misleading for political gain.

If you don't believe me, let Milton Friedman explain it far better and more persuasively.


Government knows best. Government ALWAYS knows best.

Here is a serious question.

It's coming up to the tenth anniversary of the 9/11 attacks, and the TSA hasn't actually caught any terrorists yet. And yet their policies just get more invasive.

What exactly would the TSA have to do to get people to be outraged enough to not just go along? To actively resist at the airport? To say 'no, this is not okay'. I honestly don't know.

Currently they're groping six year olds. Apparently that's not enough.

Suppose the following policies were implemented:

-Prohibit checked luggage

-Shave people's heads to make sure nothing is smuggled in their hair

-Strip everyone naked

-Have TSA agent perform full cavity search in front of everyone, with men performing all searches (to maximise offense to both men and women)

-Store video of the above on publicly searchable web site

I promise you the following. There would be a reasonable group of people that would point out how they don't like it either, but remember, someone could have a dirty nuke smuggled inside their anus, or an AK-47 inside their pigtails. Isn't it worth sacrificing to stop this?

There'd be significantly larger group that would grumble about it, but just end up going along. After all, what are you going to do? Get arrested?

I would wager that between them, those groups would be large enough that the policy would not be reversed.

(Via Popehat)

Monday, April 11, 2011

Consider the Snail

Irish Snail

Evolution does not work in the way most people think.

Consider the case of the lowly snail. Can you imagine a more pathetic creature?

It is faced with a great deal of natural disadvantages. It is small enough that I can (and sadly sometimes do) tread on them by accident. They have a shell for protection, which is scarcely able to shield them from any serious predator trying to eat them.

And most importantly, they move more slowly than just about any creature other than the sloth. Their ability to escape from danger is, to all intents and purposes, nil. How do they even get around? It must take them all day to move a few metres.

Most people's conception of evolutionary success roughly correlates with 'being at the top of the food chain' or 'not having any natural predators'. If that's the case, you're sweet! Nothing can get you.

But evolution doesn't operate that way. The issue is not the chance of an individual being killed, but the chances of the species being killed that drives extinction. Beef cattle get slaughtered and eaten at a rate of roughly 100%. By contrast, beef cattle face an extinction probability of ~=0% as long as humans desire to farm them for meat purposes.

Consider a creature the exact opposite of the snail. A predator that is eaten by nobody. Fast, agile, and able to defend itself against lots of potential aggressors. The top of the food chain, preying on a variety of smaller animals.

A creature, in other words, like the Sabre Tooth Tiger.

The sabre tooth tigers entered the landscape around 42 million years ago, and became extinct around 11,000 years ago.

Snails, by contrast, have been around about 600 million years, and they're still going strong.

As Khrushchev said, "We will bury you".

The snails has outlived many species who ate it, crushed it, and wantonly killed it. It seems quite likely to outlast us too.

You may step on them or cook them in garlic, but you may be surprised to find one day in a nuclear winter that the joke is on you. The snails will be just fine.

Evolution has a funny sense of humour like that.

(image credit)

Sunday, April 10, 2011

The value of a Berkeley Economics Major

Comedy gold!

(In case you didn't get the joke, a SFW answer here)

Hollywood has no idea where wealth comes from

The other day I saw a billboard ad for a movie called 'Arthur'. (You can watch the trailer here, but I wouldn't recommend it). It's a Russell Brand 'comedy' remake about this quirky guy who's the heir to a huge fortune, but has to live by the stuffy rules that his uptight family makes as conditions for his inheritance. Oh noz! omg! How dare they put strings on his billion dollar gift, those fascists!

The billboards for this read 'Meet the world's only lovable billionaire'.

Let's count the ways this is ridiculous.

Firstly, have you ever seen any movie featuring a rich character where the notion of 'adding value' is explored in a non-ironic fashion? Hollywood can't conceive of the idea that if you want to get a billion dollars, you need to add a billion dollars worth of value to people's lives. Actually, you'll need to add a lot more - this is assuming you're capturing the whole surplus.

No, in the world of Hollywood, the ways to get wealth are as follows;

-Inherit it

-Steal it

-Exploit lots of workers

'Arthur' is in the first category. In this world, rich people never work for their money. Or if they do, it's only ever in the context of portraying how they're neglecting their family by spending too long at the office. For an industry as ruthlessly capitalist as Hollywood, they sure do cling to some strange ideas about how societies got rich.

Now, I don't need to explain to readers of this illustrious periodical why this is an absurd picture of wealth. But in case you need to explain it to your idiot co-worker, consider the case of pre-historic man living in sub-Saharan Africa. No amount of inheriting, stealing, and exploiting other tribesmen is going to make me a space shuttle. Clearly something else big is involved.

Bill Gates created a product that powers my computer, creating untold billions of dollars of value for the world economy. And with all the wealth he amassed, he gave it away to charity, supporting the most cost effective causes he could find, and encouraged other wealthy people to do the same.

But what actually makes you lovable is to be some goofy clown who's never worked a day in his life, a free-loading clueless moocher on earlier generations effort and thrift. As long as you have the right attitudes against 'the man', conformity, crack jokes etc.

Harry, Albert, Sam and Jack Warner (all of whom were seriously impressive entrepreneurs) must be rolling in their graves to see what's produced under their names these days

Thursday, April 7, 2011

The End(-Game) of the Affair

What exactly are married people thinking when they start an affair?

I don't mean, "Whoa, I'm finally gonna get laid! That hasn't happened in years!". I mean, how exactly do they see things ending when you start boning your secretary? (I'll take the perspective of the man, but the point is the same)

In some ways, boning a hooker is more understandable in practical terms. It's also despicable and repugnant, but within the mindset of someone completely callous to other people's feelings, I can see how they figure they can get away with it. You're away on business, you find some prostitute for one night only, you don't end up with the clap, and you tell yourself you'll never do it again and your wife won't find out. The latter part might be true, the former part probably isn't.

But what about when you set out on an ongoing affair with someone?

As far as I can see it, there are no good endings to that story.

And that should be obvious to the people involved even before they begin.

But apparently it isn't, at least judging by how often they do it.

The first point to note is that as the length of the affair increases, the probability that your wife will eventually find out converges to 1. The chances that you'll slip up somehow, or get inadvertently found out through some voicemail, missed call, something, are too high.

And when that happens, the results are as predictable as they are horrible. Hurtful recriminations, your children hate you for ever. Most likely you get divorced, the courts take two thirds of your money, you try to justify why you're not actually an asshole. Best case scenario, the secretary becomes wife #2, and you're much poorer.

Alternative best case scenario, your wife forgives you  but the relationship never quite recovers, you break things off with the secretary who now hates you too, and you have to live with the hurt you've inflicted on your loved ones.

If you want out of the marriage, aren't you better off doing that up-front?

I can think of maybe two explanations.

The first, less likely, is that the person has effectively made up their mind they want a divorce, they don't care about their wife's feelings, but they need some alternative female figure there for certain before they're willing to cut the cord. Seems like a very costly way to go about it (for both you and them), but it's at least internally consistent if your have a huge risk aversion, a complete lack consideration for your wife, and an underlying fear of abandonment.

The second, and I think more likely explanation, is just that they actively avoid thinking about the question. They focus on managing the immediate part (don't let wife find out, lead on secretary that you might leave your wife eventually but keep expectations reasonable) and don't think about the long-run. When these thoughts creep in, convince yourself that it will work out somehow, even if all the options are in front of you and they're all bad. Hyperbolic discounting takes care of the rest.

Never underestimate the ability of people to live in denial about the eventual outcome of their poor choices.

Wednesday, April 6, 2011

Is your child the next Larry Page? Send them to Montessori school!

The WSJ has a puff piece today talking about the benefits of Montessori school:
 Ironically, the Montessori educational approach might be the surest route to joining the creative elite, which are so overrepresented by the school’s alumni that one might suspect a Montessori Mafia: Google’s founders Larry Page and Sergei Brin, Amazon’s Jeff Bezos, videogame pioneer Will Wright, and Wikipedia founder Jimmy Wales, not to mention Julia Child and rapper Sean “P.Diddy” Combs.
Correlation = Causation! You read it in the Journal, so it must by true. I personally can think of absolutely no other explanation for this pattern. Rich, smart, creative parents give birth to rich, smart, creative children, but it has to be the similar schools they're sending them to.

The piece talks about the effects of a randomised lottery on 5 year olds which is all well and good, but it's a far cry from the long term possibility that you'll turn into Jeff Bezos because of the pre-school you went to. But I also wonder greatly about the selection effects going on here by only focusing on smart people in the main discussion. Montessori school may produce wildly different outcomes depending on the child's natural aptitude. If you're as smart as Larry Page, learning at your own pace the things you find interesting is likely to produce great outcomes. If you're a child whose undirected ambition in life is to spend 8 hours a day on facebook (as Dragon Mother Amy Chua aptly put it), you'd probably do better off with a regimented lesson plan.

So the question is, do you think there are more children like Larry Page? Or are there more slowpokes who'd just spend their entire time playing outside and learn nothing?

The world is full of dullards, but wise men are few.

The Joys of Not Sleeping

The WSJ has an interesting piece about "short sleepers", people who only need a couple of hours of sleep per night in order to function well and happily.

I remember talking once to a friend of mine who has insomnia, and saying that if I ever found that I couldn't sleep, I'd try to take on some obscure project, like learn Russian between the hours of 3 and 5 in the morning. She explained to me that insomnia doesn't actually work this way - rather than not needing sleep, you constantly feel tired but just aren't able to get to sleep. Which sounds like a kind of living hell.

Being a short sleeper, on the other hand, seems like living the ideal version of insomnia - you just don't need as many hours with your eyes closed.

I long thought that if I could get one semi-plausible physical trait, this would be it. Suppose the average person lives to 76 and sleeps 8 hours a night. If you only need 4 hours of sleep instead, if you die at 76 then you'll have lived the same number of waking hours as a person who lived to 95! Not only that, but more of those hours were spent in the prime of your life and health.

Short sleepers, man. It's where it's at.

Tuesday, April 5, 2011

Please please please please please....

Via Ace:
The White House just called to say it was going to play the government shutdown card, despite an offer on the table to keep the government going for another week.
It's not clear who will benefit politically from a shutdown. Newt Gingrich lost the public relations battle with Clinton over the 1995 government shutdown, and paid the price politically. In the long run, it's not clear that the cause of limited government was actually helped. (Gingrich may have been undesirable in other regards, but he did seem to want to shrink the government).

But in the short run, who cares! Bureaucrats will be unable to pass value-destroying regulations for at least a short period of time! Wasteful spending on Federal boondoggles will cease for at least a week! The United States will temporarily be adding to its gargantuan debt burden at a reduced rate!

All these things are cause for celebration, my friends.

And who said the White House was anti-growth?

Greg Sheridan on Multiculturalism

In The Australian recently, Greg Sheridan recently wrote an excellent long piece on how he abandoned his faith in multiculturalism.

It's a very honest and sensitive piece as Sheridan started out as a strong supporter of immigration and multiculturalism, a view that grew out of his desire to support South Vietnamese boat people after the Vietnam War (a view that I'm sure I would have had a lot of sympathy for at the time, just like him). 

Sheridan walked the walk too, living in Western Sydney for 15 years. But he observed up-close what happened to places like Lakemba in Sydney when they experienced wide-spread immigration, including some of the attendant social problems which he describes. (In related news, is there any serious doubt that Malcolm Fraser may be one of the worst Prime Ministers in Australian history? He'd even give Gough Whitlam a run for the money).

Sheridan raises the very valid question that the differences in success of immigration programs in Europe vs Australia, America and Canada may have less to do with particular multicultural policies practiced by the host country, and more to do simply with the composition of where the immigrants came from. 
The US, Canada and Australia have far smaller Muslim migrant communities as a percentage of their total populations than do most of the troubled nations of Europe. Could this be the explanation?
He doesn't assert this directly, but to ask the question is to know his implicit answer.  

And Sheridan is very sensitive in phrasing his argument. He goes through all the required recitations first:
Discussing these issues is very difficult. It goes without saying that most Muslims in Australia are perfectly fine, law-abiding citizens. The difficulty with discussing Muslim immigration problems is that you don't want to make people feel uncomfortable because of their religion.
It's only a small minority - check.
Muslims are not only individuals, wholly different from each other, but national Islamic cultures are very different from each other. The Saudi culture is different from the Turkish culture, which is different from the Afghan culture. So generalisations are dangerous.
Lots of diversity in Islam, generalisations bad - check.
Then there is the ever present risk of being labelled a racist. No matter how calmly the discussion is conducted, that is a big danger.
It is, but good on you for having the stones to not worry about it. But then he gets to the point he wanted to make all along:
But the only people who don't think there is a problem with Islam are those who live on some other planet. The reputation of Islam in the West is not poor because of prejudiced Western Islamophobia, still less because Western governments conduct some kind of anti-Islamic propaganda.
Instead, it is the behaviour of people claiming the justification of Islam for their actions that affects the reputation of Islam. ...
To have concerns about these matters is not racism or xenophobia. It is reasonable.
It may also be that when young men of Islamic background experience failure and alienation they are much more readily prone to entrepreneurs of identity who offer them purpose through the jihadi ideology, which has a large overlap with what they hear at the mosque and what they see on Arabic TV.
This is simply not true for Buddhists or Confucians or Sikhs or Jews or Christians, and to pretend so, to make all religions seem equal, is to simply deny reality.
Exactly so. One thing I never, never understood about the "New Atheists" (Richard Dawkins for sure, Christopher Hitchens less so) was the moral equivalence of how all religions were equally bad. In terms of their relative tolerance for womens' rights, homosexuality, separation of church and state, and all the other things that secular humanism apparently holds dear, there's simply no contest. In Utah, people may not like you if you practise abortion, open homosexuality, or start a different church, but the worst that happens is that you may not get invited to a dinner party. In Saudi Arabia, you'd be lucky to escape prison or worse for any one of these actions. All religions and societies may fall short of the humanist ideal, but they don't all fall short by the same amount.

On the other hand, the piece ends with what is, to me at least, significantly good news - at least privately, the government is far less clueless about these things than it seems in its public discussions:
And, finally, we simply should not place immigration officers in the countries with the greatest traditions of radicalism.
A few years ago there was an informal view across government that very few visas should be issued to people from Afghanistan, Pakistan or Iraq, as these were the three likeliest sources of extremism.
These sorts of discussions take place all the time among senior officials, politicians and others. But I have never encountered a policy area in which private and public positions are so different.
Phrases you do not hear often on this blog: the Australian government might be doing a significantly better job than I thought they were, and one which in some absolute sense amounts to 'acceptably sensible'!

In other news, The Australian remains my favourite newspaper in the world. Is there any US paper that would publish such a common sense article?

(Thanks to GS for the pointer).

Sunday, April 3, 2011

The Plumber Problem

As I said a few weeks ago, It is always a good rule of thumb that when people say they want one thing and consistently do another, this should make you suspicious of whether they actually know what they want.

One context where this comes up a lot is what I term 'The Plumber Problem'.

It stems from a conversation with a family friend of mine, many years ago, recounting the story of a guy he knew who was a plumber in Queensland. The guy ran his own business, worked from about 10 until 4, only took the jobs he wanted to, and made a fairly decent low six-figure income. Not enough that he'd ever be rich - his kids went to public schools, he had a nice house but not enormous, and he could afford overseas holidays if he saved for them. Enough money, in other words, that he'd be comfortable, and able to spend the rest of his time enjoying life.

The question then, is this:

Why try harder?

Fatboy Slim- Come a long way baby

The point is that if you ask people in surveys (particularly white collar workers), a lot of them will say that they wish they could take a job with fewer hours and take a pay cut. They want, in other words, to be the plumber.

But having said that, they continue to take the job at the law firm, or the consulting firm, or the bank.

In other words, stated preference wants less money and less work. Revealed preference wants more money and more work.

So what the hell's going on here?

Things that would have been cool if I'd had a different job

Working in finance is great. I find the area interesting. it pays well, and it's generally a choice of profession that I'm very happy with.

But there are some things that I won't get to do that would have been fun.

If I'd got a job in manual labor (construction, auto work, something like that), one of the great parts would be to cross a picket line. Being a scab would be awesome. I'd walk past with my head high, punch on with any union dickheads that wanted to start something, and yell back pro-capitalist slogans: "Down with monopolies, you slacker turds", "Enjoy unemployment, losers!", "Want a pay raise? Try working harder". That would be sweet.

The other one that would have perks would be being a corporate liquidator. Most of the time it would be unpleasant, laying off poor schlubs who are wondering how they're going to pay their mortgage. But every now and again you'd get a really sweet gig, like liquidating the New York Times (or in the best possible case, the UN). I would personally deliver all the pink slips. How sweet would it be to get to bring Frank Rich into the office and yell "You fucking FIRED, Frank! Hit the bricks, pal, and beat it, 'cause you are going OUT!". Honestly, I would probably pay high 5 figures for the opportunity to take that job. I think that when their ridiculous paywall experiment fails and they file for bankruptcy and liquidation, they should auction off the right to be the liquidator. It may be the most value-producing they do for stockholders this decade.

Maybe I could just short their stock instead - it would have been a reasonable return over the last 5 years.

Friday, April 1, 2011

Political biases are hard to spot

The last few months have revealed a positive aspect to Barack Obama's presidency that I hadn't considered:

Namely, I think it has been extremely useful to have a war against a nasty dictator being carried out by a Democratic president.

I think this is doubly true given that only a relatively small amount geopolitically seems to ride on the outcome of it.

The reason for this is that I think the average political-minded person will end up with a much more nuanced version of American military action. I think when all is said and done, you will end up with more of a consensus opinion on military action that is far less driven by partisan differences, and that's really important for national security issues.

Tribalism being what it is, people's view of any policy is coloured by their sense of who is carrying it out. Liberals screamed bloody murder when Bush invaded Iraq, while conservatives were largely supportive (with neoconservatism being ascendant as a school of thought).

On the other hand, I think the last few months have really added evidence in favour of the following - had the Iraq invasion been launched by Clinton instead, far more Democrat voters would have supported it. Not all of them, but a good chunk. Additionally, more Republicans would have probably opposed it.

Now, part of this might be explicitly partisan - you just want to see your side win. But I don't think that's the interesting bit. I think that the positive sides of the action actually seem more apparent when your guy does it.

The funny thing is that it's not until you see the same thing being done by the other guy that the bias actually reverses itself, because you're now minded to see the other side of the argument. Which is why a number of Democrats are on board with bombing Libya, while a number of conservatives are opposed.

People respond to this shift  in one of three ways.

The least introspective simply ignore the contradiction (Libya good, Iraq bad, so what!   /   Iraq good, Libya bad, so what!)

The somewhat introspective but hubristic will rationalise the distinction (the uprising in Libya was organic and that's important, the Iraq one wasn't - never mind that the brutality against civilians was the same in both cases  / in Iraq we had a clear goal of regime change, in Libya we're bombing stuff without knowing what we're doing - never mind that the goal of Iraq shifted after the invasion ).

The introspective and honest will be forced to admit that maybe they hadn't properly considered before (maybe it's okay to bomb truly awful dictators even if the country does have oil / maybe thankless nation-building projects are a horrible sinkhole of lives and money )

For my part, I've become increasingly skeptical of the extent to which fostering democracy in third world is likely to produce better outcomes for the west. In particular, I now tend to think that democracy is the symptom of a society that works, not the cause. What causes society to work is more likely a set of values devoted to pluralism, peaceful resolution of disputes, and a view of fellow countrymen based on shared ideas rather than tribalism. In other words, if there's already some form of civil society you end up with democracy. If there's not, you end up with stories like the following, where a mob of Afghans decide that the appropriate response to some nobody Pastor in the US burning a Koran is to murder a bunch of UN workers. If that's how the average person in the society thinks, what outcome exactly do you expect from taking a vote?  If that's what we've got for 10 years of effort, what the hell are we doing there?

And I think that consensus opinion will shift towards a kind of synthesis along the following lines - bomb nasty regimes and places that screw over the US, but don't send in ground troops with the aim of turning the place into Switzerland.

And I think there's a good argument that this ought to have been the policy all along.

But there were very few people arguing for this course of action in 2003. And had McCain won in 2008, we wouldn't be anywhere near this view now.

Superman demonstrates the efficient markets hypothesis



Via Saturday Morning Breakfast Cereal, the best comic on the internet (it's true, you xkcd fanboys).

Thursday, March 31, 2011

Questions that there must be a good answer to, but I don't know what it is

AIDS vaccine in final testing
"Twenty years after HIV geneticist Bette Korber first began tackling HIV, her hard work—some would say "obsession"—may be finally paying off as she and her team gear up for the first round of human trials of an HIV vaccine."
This may sound like trolling, but it's not. How exactly does an AIDS vaccine trial work? My ignorant non-scientist's understanding is that a vaccine is what you take before you have the disease in order to not get the disease.  So how does that operate here? The instinctive answer would be 'We give a bunch of people the vaccine, then inject them with HIV-positive blood and hope for the best!'. Obviously this isn't what happens. But what does  happen then? How exactly do you do the controlled experiment for the question of 'you can't get AIDS if you have this vaccine' without, you know, someone that's willing to try to get AIDS?

I can only think of one possible answer, but it's not pretty.

Phrases that should be expunged from the English language

Like parasites on the healthy discourse of the Queen's English, these awful expressions seem to be spreading amongst unoriginal office types eager to find the latest management-speak meme. Do you find yourself using either of these horrible expressions? You should consider stopping immediately.
"I'm just touching base with you to..."  
This probably was at least novel the first time it was used, but as a metaphor it's just a glib and clunky way of saying 'I wanted to talk to you'. Just drop it! If you called, it's obvious that you wanted to talk to the person, unless you're a creeper who was planning on just breathing down the phone line. Just say what you want, or if you need to amble why not 'I just wanted to say hi, and')
"I wanted to reach out to you, and..." 
We're so close! Touch my hand, it's some kind of magic!

No, it's a phone call. You probably don't even know the person. Adding a false, force intimacy doesn't endear me to you. I once had a cold call from some corporate person that used this about 6 times in a minute - it was clearly the crutch she kept clinging to as why she was calling.

Wednesday, March 30, 2011

True Story

"A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly."
 -Robert Heinlein
In order:

Sure why not?, I like to think so, ugh only if I were starving, as long as there were nothing I could run into, if we're talking a mud hut then maybe otherwise no,  yes but not that well, yes but better, I suppose , maybe in a pinch, yes, yes, yes, yes, yes, yes, aww hell yes, reluctantly yes, sort of, less than sort of, sort of, we'll see.

I wasn't keeping an exact score (and it depends how partials are counted), but this roughly confirms my long-held fear that I am at best two-thirds of a real man.

Speak the truth, even if your voice shakes

It's not every day that you expect to be given a lesson in cojones by an actress who went on Big Brother and looks like this:



But that's exactly what happened.

Ace links to this amazing video of Pakistani actress Veena Malik on TV with a mullah accusing her of of being a disgrace to Pakistan. She appeared on 'Big Boss', the Indian version of Big Brother. Part of going on the show was to try to show a side of Pakistan that is pluralist, fun-loving, and accepting of western ideas. This immediately drew fierce responses from the segments of Pakistani society that are murderously dogmatic, have zero sense of humour, and hate the west.

She was interviewed on TV, and confronted by this gibbering buffoon of an imam who claims that she'd disgraced Islam and Pakistan.

But Veena Malik was not going to take that criticism lying down. And she really lets him have it.



I write about this kind of thing on the internet, where nobody cares, behind my pseudonym. She says it on live TV. And gets threatened by the Taliban as a result. Speaking out against Islamic extremism on the subcontinent tends to be a very dangerous idea.

So what did she do to draw their wrath? It must have been pretty bad, right?

As far as I can tell, she cuddled up with some guy on the show.

In case you're curious, that's not a euphemism for having sex in a hot tub. She didn't get naked. She didn't prance around in a bikini. She didn't even kiss him. They snuggled up a bit.

But I resented the feeling that I ought to find this out. Because it's like the people that respond to Salman Rushdie getting threatened with death for writing 'The Satanic Verses' by asking "Well, what exactly did he write?". As if that's the point.

Ace uses the word 'savage' to describe this imam. This may seem like a strong and inflammatory term, but it is the right one. If word 'savage' has any meaning at all, it describes those that would threaten a woman with death for cuddling with a man on a TV show.

Western feminists, of course, leapt to Malik's defense.

Bwa ha ha ha! No, of course they didn't. They wrote another paper talking about why there aren't enough women in engineering.

It is a strange world indeed where the strongest defenders of women's rights against Islamic radicals are conservatives.

How Bad is Microsoft Outlook?

So bad that in the time it took for Outlook Web Access to search for emails by one of my contacts (a feature that is only available if I use Internet Explorer, no less - otherwise there's no search at all), I was able to set up a gmail account and create a rule that automatically forwarded all my outlook mail to the gmail address. This is all just so that I can use the gmail search feature.

If I don't want to do this, I've always got the other option of 'sort by name', then guesstimate my way to which page contains contacts starting with the relevant letter.This high tech option ranks slightly ahead of the alternative of 'print out all your emails and put them in a filing cabinet', but only just. At least there I'll have neat tabs at the top that let me jump straight to the relevant letter.

My question is this - are people who work at Microsoft embarrassed by the fact that they've created such a shitty product? Do they observe that searching for mail in Outlook takes 3 minutes, while searching in gmail takes 3 seconds and think 'Wow, this company really stinks! I should find another job and start shorting Microsoft stock'?

I hope so.

Tuesday, March 29, 2011

The Postal Worker Meme

I liked this one a lot, particularly the mailing pets one.

Monday, March 28, 2011

The Future of Aircraft Carriers

...does not look bright, at least according to Gary Brecher.

Over at The Exiled, Brecher (a.k.a. The War Nerd) is writing a post a day for 90 days, and it's full of interesting stuff.

In one of his recent posts, he links to these two articles he wrote a while back, arguing that aircraft carriers are likely to be giant sitting targets in any modern war. He makes a very good case that the situation is analogous to how long it took the British Navy to realise that battleships were incredibly vulnerable to air attacks.

The original article, found here, described some 2002 War Games exercises where in the simulation the US carrier group was largely destroyed by a combination of small boats and aircraft.
But what van Ripen did to the US fleet...that's something very different. He was given nothing but small planes and ships-fishing boats, patrol boats, that kind of thing. He kept them circling around the edges of the Persian Gulf aimlessly, driving the Navy crazy trying to keep track of them. When the Admirals finally lost patience and ordered all planes and ships to leave, van Ripen had them all attack at once. And they sank two-thirds of the US fleet.
That should scare the hell out of everybody who cares about how well the US is prepared to fight its next war. ...
One day we'll wake up to a second Pearl Harbor. Maybe not this year--fighting a joke like Saddam, the US Navy can probably getting away with sending its carriers into the Persian Gulf. But if Iran gets involved, those carriers won't last one day.
His more recent piece, here, describes how the Chinese have developed a ballistic missile which ships have no current defenses for (in fact, they have no defenses against ballistic missiles at all).
So either you go with boats you can afford to lose, or you downsize the navy radically, turn it into a low-tech anti-piracy force only used against stone-age opponents like the Somalis, or you go the U-boat route the Germans took when they realized the age of the battleship was over, sticking to subs. Because one way or another, if we get into it for real with China or even Iran, all our ships are going to subs, one way or the other.
Grim, funny, and sadly probably true.

It's not every day that you read someone arguing that a huge component of our military spending would be completely useless in an actual war situation, but Brecher makes a very compelling case. Scary stuff.

How To Decide Where To Live

Behold, I give you the Patented Shylock Holmes Formula for How To Decide Where To Live.

If you are allowed only 1 variable to determine whether you want to live somewhere, choose 'Median Household Income', and move to the richest area you can afford. This will immediately point you in the direction of a lot of good stuff - good schools, low crime, good shopping areas nearby, and houses generally too expensive to be occupied by ne'er-do-wells.

If you're allowed a second variable to use, pick the average wintertime temperature. Living in cold winter climates is no fun.

If you're allowed a third variable to use, pick the average number of dreadlocks per capita. This will help select out neighbourhoods full of unwashed hippies, beggars, and meddlesome nanny state local councils. Note that it will immediately rule out hellholes such as Berkeley, Nimbin, and Jamaica. (Selections 2 and 3 would probably have been ruled out by variables 1 and 2, but Berkeley remains a worrying false positive without the key third ingredient).

Once you've done that, anywhere is good!

The World That The American Torts System Produces

I was at a museum today that has a garden section. I was going to walk around the garden with a friend of mine, but near the entrance a guide stopped us and said that the garden was closed. My friend (who is Swiss) asked why. The man explained that there had been heavy rain, and the path was slippery and some parts were muddy. Hence, we were not allowed to go down there. From where we were standing, the path looked bone dry, although you could see a few small pools of water a few hundred metres away.

Almost certainly they did this because of potential liability on their part. Almost certainly they actually needed a man there to make sure you didn't go down, because a sign warning visitors may not have been sufficient to protect themselves.

I come from a family of lawyers that dates back at least two generations before me. So rest assured that I harbour no instinctive anti-lawyer animus.

And yet I found myself wondering what plaintiffs' trial lawyers in the US felt like when they tried to visit the garden and were turned away. Did they burn with shame and embarrassment at the system they have helped create? Did they reflect on the fact that this kind of enforced stupidity is the result of fostering a system where every careless action by some moron results in a 6-figure negligence claim against someone with little to no actual responsibility?

Or have they become so divorced from everyday opinion that they look at this and think "Good - there's a chance someone might have slipped over if the whole garden weren't closed today."

That one even I cannot believe. I'm sure the trial lawyers in the crowd were as annoyed as anybody else.

And yet I'm sure 99 out of 100 of them would not make the connection that seems obvious to everyone else in the common law world - this is exactly what happens when you refuse to allow a loser-pays legal system in civil matters. In the US, when you successfully defend yourself against a lawsuit, you win the booby prize of paying thousands of dollars in legal fees. In theory, the plaintiff pays their own fees too, except that a lot of the time plaintiffs are charged on contingency, meaning no win = no fees.

So the incentives are as follows:

-If you sue someone, your payoffs are zero if you lose, and positive if you win.

-If you get sued, your payoffs are negative if you win, and even more negative if you lose.

Are you starting to see why people are so eager to sue in the US?

Are you starting to see why if you're a defendant in a baseless case that the plaintiff is willing to settle for 10 grand, and it would cost you 20 grand to defend even if you win, why you'll tend to settle?

Are you starting to see how the fact that people are willing to settle increases the chances that people will file baseless claims in the first place?

In a better world, people that filed frivolous lawsuits against other people when they slipped over on their property would be considered as social pariahs. They would be shunned by polite society, and viewed as the reprehensible blackmail artists that they are. 

The role of the lawyers themselves is a little more murky. They will correctly argue that they didn't set the system up this way. That's just how the law is.

Which is fine. 

Except when they donate to the Association of Trial Lawyers of America, who continually donate huge amounts of money  to the democrats, to keep the current system in place. Then they lose the ability to hide behind this defence.

In which case, celebrate! We now live in a world of somewhat reduced chances that people will fall over on a slippery surface, and what a glorious world it is too.

Friday, March 25, 2011

They sure are!

"Buffett Says Social-Networking Sites Overpriced Ahead of IPOs"

Ah yes, the age-old social networking business model.

1. Build latest cool website

2. Get gazillions of users

3. ?????

4. Profit!

Groupon sells discounting services to businesses in exchange for real profits. That one I get.

Facebook sells ads. That, I get too, but I don't know how it justifies their price. That's a whole lot of ads you have to sell to get to a $50 billion valuation. And lots of what goes on seems to make no sense at all - the Environmental Protection Agency, for instance, has a facebook page. Not only are they not selling anything, their only actions are to shut down businesses to stop them selling anything either. Given they seem entirely unconcerned about the opinions of those they regulate, why on earth do they need a facebook page?

Twitter, as far as I can see, sells shares to investors. Beyond that, I have no idea where their money is coming from. They're selling ads too, just not very many of them.

Jacques Mattheij has more on the subject..

I tend to defer to the judgment of markets most of the time. It's very easy to demagogue about how prices are wrong, and very few of the people who claim this ever try to trade on their knowledge. Which suggests it's not actually knowledge, just cheap talk. In this case of course, you can't short facebook or twitter. Your only option is to increase the supply of these overvalued companies by trying to start a social networking site yourself. Good luck with that - let me know how it works out.

It seems like we're in the world of Miller (1977) - if you can't short the stock, and different people have differing beliefs, all the shares will be held by the over-optimistic guys, the price will be too high, and there's nothing you can do about it.

Thursday, March 24, 2011

Wealth and Happiness

A fantastic essay at the Atlantic about the extent to which wealth brings happiness, discussing survey data from very rich households in a forthcoming Boston College study (which I will be sure to read when it comes out).
“I realized good and evil are equally distributed across the economic spectrum and not particular to the wealthy or the poor,” [sociologist Paul G. Schervish] says.
Exactly right. Contra Ayn Rand and Karl Marx, virtuous wealth and virtuous poverty are both myths (although the latter is probably more widely believed these days than the former).

Incidentally, as an economist I have from time to time been guilty of laughing at sociology as a discipline.Guys like Paul Schervish and John Havens remind me that it's a very bad habit to get into, as a lot of interesting work is done there.

I also very much liked these lines towards the end:
If anything, the rich stare into the abyss a bit more starkly than the rest of us. We can always indulge in the thought that a little more money would make our lives happier—and in many cases it’s true. But the truly wealthy know that appetites for material indulgence are rarely sated. No yacht is so super, nor any wine so expensive, that it can soothe the soul or guarantee one’s children won’t grow up to be creeps.
Just so.

As a man who makes a living from finance and economics (albiet one far too poor to speak of these things firsthand), I endorse every word. Read the whole thing.

Questions You've Always Wondered About

Courtesy of The Hammer, comes Average Penis size, by country.

Importantly, they distinguish between countries with self-reported data and measured data. All I can say is ... South Korea? Damn dude, that's rough.

I notice that this study doesn't provide any links to an original paper. According to the rules of the internet, this means that the data is probably unreliable and/or made-up.

On the other hand, at worst this would put it on par with ... every other discussion about penis size in the history of the world. So it's hard to be worse quality data than the average bar room talk.

These two graphs were especially hilarious, contrasting self-reported and measured length by each racial group.Unfortunately, the credibility of the graphs is called into question when they spell the word 'length' incorrectly in two different ways, and the numbers reported on the columns don't seem to correspond to the numbers on the axes.

Like Santa Claus, I'd like to believe that this data is real, but I just can't. I'm sure actual data exists somewhere, but I'm worried about what will come up in google when I try to search for it.

Wednesday, March 23, 2011

Calling All Cars! Bad Rendition of 'New York, New York' in Progress!

Via Tim Blair comes this preposterous use of police resources:
A SQUAD of specialist police swooped on over 20 karaoke dens in Sydney's CBD last night, issuing 85 enforcement notices for offences including breaches of the Liquor Act.
I'm really, really hoping that there's something more sensible behind this - maybe it's part of the Asian Crime Squad, and they're targeting gang activities at these venues. Because the alternative is too ridiculous to contemplate - are they really that worried about miscellanous breaches of trivial health and safety violations at Karaoke bars? Can they think of no other better uses of their time?

It appears not. Check out these solid gold justifications from the police:
“It’s clear some premises are still conducting activities which encourage patron intoxication and that’s of great concern to police,” Superintendent Walton said.
You don't say! We calls those types of premises "bars". The activity they do which encourages patron intoxication is called "serving alcohol". Apparently he said this with a straight face. The gold continues:
“The fact is that intoxication greatly increases a person’s chances of becoming a victim of crime or an offender."
said the Women's Christian Temperance Union. Honestly, this goes to show... what? That we should hassle bars out of existence with trivial violations of trivial laws?
“The link between alcohol and crime is very real and all licensed venues have to play their part in taking responsibility and that includes karaoke bars.”
!= a sensible reason to raid 20 karaoke bars.

Check out the crucial law violations that were uncovered:
During the raids, police found: nine breaches of the Liquor Act; 15 breaches of development consents; three breaches of the Security Act; 45 breaches of food standards; and 13 breaches essential fire safety measures.
Police said the bar they temporarily shut down last night had its fire exits locked, while the arrested man, 24, was taken into custody after allegedly stabbing another 24-year-old man in the arm as he left a bar on Dixon Street.
So, we had one serious crime occurring (which doesn't appear on face to be anything to do with the karaoke bar), and 84 citations for nonsense. It beggars belief that the police were jointly worried about the crucial issues of food safety, fire doors, club security and liquor service, and that the karaoke bars were the only places in violation of this. This is the list of what happens when the police turn up determined to cite you for absolutely everything they can find.

All I can say is that there had better be a much better reason here that we're not being told, because otherwise this is arbitrary and capricious police action of the worst sort.

Tuesday, March 22, 2011

Text Messaging and Being An Old Fogey

I remember clearly the first time I realised that I was definitively a generation older than the current crop of teenagers. It was when I read this:
"The average teenager sends 3339 text messages per month".
The average. Lord knows what the sample maximum was. For teenage girls the average was 4050.

And it instantly made me feel like a cranky parent in 1950 railing about Elvis wiggling his hips. Not in the sense that I was scandalised or offended - frankly, the stupidity of teenagers knows no bounds, and the other things they would have been doing are inevitably just as vapid. No, more just in the sense of not really understanding what's going on. Holy Lord in Heaven, why would you want to spend that much time typing to someone on a tiny keyboard? If each text message takes you 10 seconds to type, that's 9 and a half hours of typing on a keyboard the size of your palm. If each message receives a reply that takes you 5 seconds to read, that's another 5 hours. It's an average of 6 texts per waking hour.

The New York Times ran a piece recently talking about how lots of people are giving up the phone call. (I don't link to the New York Times, for reasons I'll explain some other time). And while I'm in agreement on the general undesirability of phone calls with random people, I find myself preferring the phone for organizing things with people you know reasonably well. The bandwidth of the phone is just so much larger - you can talk way faster than you can type, and exchange information much faster (particularly information requiring several iterations of response and adjustment) . Sorting out a place to meet takes about 30 seconds on a phone, or 10 minutes of back and forth on text messages. I just don't understand why more people don't want to get the boring organization conversation over faster, and get on with their lives. There's also no substitute for when you want to find out if someone is available right now. If they don't answer the phone, they're not free. Hyperbolic discounters like myself don't want to wait 5 minutes to find this out.

The bigger point, though, is that text messagers are forever tied to their phone. 6 messages an hour is about right, because you don't just send 500 messages in two hours then stop, you do it continuously over the day. They're never fully paying attention to whatever task, conversation or event is at hand, because they always interrupting to continue their stop-motion conversation with someone else somewhere else. I dislike phone calls as much as the next man, but I resent even more being tied to my phone for that long at a stretch.

And you kids don't know what real music is anyway. Back in my day, we had to walk 10km to school, uphill in both directions. And back in my day, that skirt you're wearing would have been called a belt.

Monday, March 21, 2011

Not Really Trying

If you call your store 'Forever 21', it's a fair bet that your men's section is likely to be mainly a joke, an also-ran remainder bin for bored boyfriends to browse through while their girlfriends buy stuff.

This is in fact true, but you probably didn't need to go in the store to figure that out - being 'forever 21' is an idea that mainly appeals to women. I imagine there's a lot of guys out there (myself included) who were cooler and had more game at 26 than they did at 21. You don't sell clothes to men by selling them the idea of being forever 21.

The "not really trying" could refer to either Forever 21, or this blog post.

In unrelated news, I liked this picture a lot.

Sunday, March 20, 2011

Great Moments in Parentheticals

One of the marks of a truly great writer is that their asides contain more wisdom than most lesser authors' entire writings.

Consider Theodore Dalrymple's latest piece in the New Criterion. It's a great description of Dalrymple exploring whether literary acclaim actually accrues to the best writers. He does this by buying some poetry books by relatively unknown World War 2 poets, and I think shows them to be quite beautiful and underappreciated.

But what I what to focus on is the aside he puts in the middle of the first sentence of the essay:
"One of my many regrets—and there comes a time in life when regret is almost inseparable from memory itself—is that I received no formal literary education, at least not after the age of sixteen."
What a wonderful observation! That half a sentence could be expanded to an entire book and not lose any of its sense of importance. Upon reading it, it seemed immediately apparent that he was surely right.

Compare this, for instance, with the bogus sentimental braggadocio in the far more famous song, 'My Way', most notably sung by Frank Sinatra. This also considered the question of regrets on old age:
"Regrets, I've had a few, but then again, too few to mention." 
I do not know what it will be like to be old, but it seems inconceivable that this describes how the average person feels about things when they get there. It also squares with one of the best descriptions I've read, in an interview with Harry Bernstein. Harry started writing his first book, The Invisible Wall, when he was 93, and published it when he was 96.

I remember something he said in the interview really stuck with me:
"You know when you get into your 90s like I am, there's nowhere else to think except the past. There's no future to think about. There's very little present, so you think of the past, particularly at nighttime when you're lying in bed. And it all came back. So I began to write, and I was occupied, and it was really the best therapy I could have had."
The media being what it is, the piece ends somewhat flippantly with the observation that this is a feel-good story
"So, all you writers out there — you're not too old to get published. Keep it going!"
While true, this seems like the least interesting part of his whole story.

It must be strange to be old.

Snoop Dogg Laying the Smack Down...

...at a Comedy Central roasting of Donald Trump.

What I love about this is that he's largely dispensing with the tradition of mainly heckling the person being roasted, and just instead decides to burn everyone in the room.

My favourite lines:
"But right now, things are popping for Whitney [Cummings], y'all. Everybody in Hollywood is talking about her, and they're all saying the same thing ... - I think that bitch gave me herpes."
Don't miss the great ripping on The Situation and a few good lines about Trump at the end.

Saturday, March 19, 2011

Name That Country!

Fill in the blanks to pick the region that this process of fiscal and political collapse is describing!
"To secure his position, he and his successors ... courted [public servants]. The resultant ... costs strained finances. [Leader A] increased the pay of [public employees] to [4 units of Y] per year. His successor, [Leader B] raised it to[6 units of Y], while by the end of [period] it stood at [7.5 units of Y]. The size of the [public service] was also increased to 33 [units]. Nor were [public servant wages] the sole problem. [Leader A] supplemented the dole with the addition of [commodity X] to the list of free commodities. Mattingly has noted of this time, 'The expenses of government were steadily increasing out of proportion to any increase in receipts and the State was moving steadily in the direction of bankruptcy' 
To pay for all this, [Leader A] debased the [currency] to between 43 and 56 per cent of [relative measure]."

Answer below the jump:

Friday, March 18, 2011

You being easy makes my life hard

Let me reprise a conversation that I have frustratingly often. See if it sounds familiar:
Shylock: So, where do you want to go for dinner?
Friend: I dunno. I'm easy.
Now, what's frustrating about this is that "I'm easy" is typically said in the tone that implies that their lack of preference is making your life simpler, because they're not placing any restrictions on possible places to eat.

In reality, saying "I'm easy" is almost never making the person's life simpler. You know why?

Because the problem is very rarely that the person has a list of 50 restaurants in mind, and is trying to optimise over both your preferences (in which case, you having no preferences would actually simplify the matter).

Instead, the problem is almost always that the person asking is short of ideas on possible places to go. That's why they're asking. In which case you being 'easy' is not helping matters at all.

Here's the subtext of what is actually being asked and replied.
Shylock: [I am feeling uncreative in thinking of possible restaurants we could eat at. Rather than admit to this directly, I will pose the question as trying to elicit your preferences over general food types or specific restaurants. Will you help me by generating some suggestions?]
Friend: [No, I too am feeling lazy, and so shall pretend that you're trying to solve a different problem and offer you no help. Moreover, I shall do this in a tone that suggests you should be grateful for my lack of help]
When looked at in this light, part of he blame lies with the initial questioner for not phrasing the question in a way that makes it clearer exactly which problem is trying to be solved (i.e. "What tastes do you crave" vs. "Help me generate suggestions")

So, if someone asks you this, let me suggest a much better response:
Friend: If  you have a place in mind and it would make the process simpler for me to be of few wishes, I can eat anywhere . On the other hand, if you don't have anywhere in mind and it would help for me to generate suggestions, I can do that too.
Trust me, your friends will thank you.