I have been meaning to link to the excellent blog Oilfield Expat ever since I found it mentioned in a comment here a few weeks ago. There is so much goodness. You can start with its author’s comment on low oil prices below.
I particularly enjoyed this piece of prose, which I find a useful retort to doom-mongers. It is important because people need to realise that we have it good in order to understand why we have it good, lest they throw it all away, the risks of which the article it is taken from is partly about.
I have long subscribed to the view that, in the developed Western nations, we solved the major issues facing mankind several decades ago: infant mortality, hunger, disease, poverty (the genuine kind, not the SJW “relative poverty”), and deadly violence. Nobody of my generation died of malnutrition, treatable disease, or sectarian violence outside of a (statistically) few extreme cases. By historical standards, those who were born in the West after about 1960-70 were the wealthiest, safest, and most fortunate people ever to have lived. Several factors contributed to this situation. The guns falling silent after WWII followed by a Cold War which thankfully never got hot was probably the most important. The Western nations becoming wealthy was probably the second most important.
three successive generations of Westerners who have found themselves fully fed, clothed, housed, healthy, educated, and blessed with luxuries unseen by anyone else in history (one word to those who doubt this: dentistry). Spoiled rotten, in other words.
Having never seen wholesale malnutrition, destitution, and death, the populations of Western nations believe their standard of living is inevitable, as irrevocable as being born. Fewer and fewer grasp the mechanism by which their standard of living is a result of a section of the population spending their time, efforts, and capital to produce something of value, something that people want to buy with their own money.
They lead lives of such wealth and luxury that pontificating over a potential rise in global average temperatures is considered a more worthy and valuable activity than generating the electricity that powers their entire way of life, and without which most would almost certainly die within weeks.
The blog is robust and straightforward. On concerns about population: “it isn’t condoms that the poor need to start having smaller families, it is 1) increased wealth and 2) reliable, cheap electricity”.
On “those jumped-up tossers in places like Aberdeen”: “A cruise past the offices of the oil and gas companies, the engineering companies, and service providers would show the car parks full of Audis, BMWs, Mercedes, Porsches, Jags, and Bentleys, enabled by soaring wages and full employment of those who work in the oil industry. And now they need a bailout? Fuck them.”
On architects: “Fordham is your run-of-the-mill statist, authoritarian rent-seeker who has amassed a veritable fortune of taxpayers’ cash by preaching to governments from the environmental pulpit (naturally, his grubby mitts can be found all over the London Olympic 2012 facilities). The world would have been better off if he’d stayed in his spare bedroom the past 50 years.”
On the Hubbert curve: “In other words, the curve is subject to change at any point due to unlimited external factors and therefore utterly useless save for an object over which academics can while away the hours pontificating.”
There is technical insight into how to invest in oil in the face of low prices. There is discussion of how well-run Netflix seems to be. There is good, old fashioned Fisking.
I am not even having to drill deep for this quality. It is lying about on the surface in plain sight.
I have for some time been occupied first with survival and then with a transition to a new existence. I have never entirely ‘left’ Samizdata, but I have been a very scarce quantity as there are only so many bits into which a human brain and the day may be split.
Not that my time availability has changed all that much: if anything it has gotten worse. What has happened is that I have become fed up enough with my words vanishing on Facebook and the technology delta between posting there versus posting here has narrowed to point at which it is more worth my while to type words here rather than there. The only real problem that remains for me is the relative difficulty of posting photos there versus here where I have to pre-edit the sizes, which takes time I do not have, versus just clicking on the image and not worrying about the size.
So to many of the long time readers who have known me as one of the Samizdata founders and to the many more recent readers who wonder “Who the hell is this guy?”… let the games begin!
Rand Simberg pointed out this link over on Transterrestial Musings. Mickey Kaus has gone back to his old Kausfiles blog and is trashing Fox News on a topic on which they very richly deserve it. They have joined the Democratic controlled media in burying the story of the congressional immigration fight.
My suspicion is the Golf Club Republicans do not want a fight on immigration because that will play more to the strengths of the populist side of their party. The Golfers want to keep their toys and really do not want to share them with the unwashed masses.
There is a gentleman from the University of Valencia developing a doctoral thesis, which focuses on the effects reading political blogs may have on the adoption of a more participative political position.
If you would like to complete a questionnaire to lend a hand, please click here.
Dear Electoral Commission,
Thanks, but we’re not registering with you and we’re not going to pay any attention to your rules.
Yours in freedom,
Editor Guido Fawkes’ Blog
– Guido makes his position clear.
One of my favourite up-and-coming libertarian intellectuals is Anton Howes, who manages to combine being both a hugely effective libertarian activist and a very promising academic. He, along with a great gaggle of others, runs the very impressive Liberty League, and he is doing some very interesting historical research.
The particularly good Anton Howes news, from the point of view of the sort of people who read Samizdata, is that Anton Howes now has a blog, Capitalism’s Cradle. It reflects Anton’s research interests. He is studying the origins of the British Industrial Revolution by studying the biographies of several dozen of the key industrial innovators who set that Revolution in motion and who then kept it in motion. I first learned about this blog when Anton himself told me about it at the Adam Smith Institute Christmas Party last week. Anton is the rather solemn looking guy in the third row down, on the right, in this selection of photos that I took at that event.
Below is a quote from the very first posting on Capitalism’s Cradle, entitled Why Capitalism’s Cradle? I take this posting to be both an explanation of why the Capitalism’s Cradle blog is called that, and a question about why Capitalism’s Cradle did its stuff where it did and when it did. The question Anton is trying to answer is: What was it about the British Industrial Revolution that caused it to do better than various other “Golden Ages” that had preceded it in earlier times and in other places? Because it was indeed very special. It didn’t just happen, and then revert back to business as usual. This particular Golden Age never stopped. It spread, and it is still spreading. Why?
Innovation existed before the Industrial Revolution. Of course it did – you need look no further than the invention of agriculture, writing, bronze, crop rotations, horse collars, windmills, gunpowder, printing presses, paper, and bills of exchange to know that innovations have occurred throughout history before the IR.
The difference is that these were few and far between. Some of them, often grouped together, resulted in Golden Ages, or “Efflorescences” as Jack Goldstone likes to call them. The 1st Century early Roman Empire; the 8th Century Arab World; 12th Century Sung Dynasty China; the 15th Century northern Italian city-states; and 17th Century Dutch Republic are all good examples.
Britain could have been just like any of the other Golden Ages. It could have had Abraham Darby’s coke-smelted cast iron, Thomas Newcomen’s steam engine for pumping mines, John Kay’s flying shuttle to allow weaved cloth to be wider than the length of the weaver’s arm-span. Perhaps we would have had Lady Mary Wortley’s inoculation against smallpox, some canals much like the Romans’ or Medieval Chinese, and Jethro Tull’s seed drill.
But like every previous Golden Age, that would have been it – until the next Golden Age, wherever and whenever that would end up being.
But the British IR was different. It started off as a ‘mere’ Golden Age in the 18th Century, but the pace of innovation was maintained and then quickened. And it hasn’t stopped for the past 250 years or so. Despite the occasional downturn, we still expect at least 1-2% GDP growth. Anything less than that is considered stagnation.
That isn’t the answer to the question. It merely restates the question in somewhat greater detail. But I particularly like this elaboration, because I have heard Anton refer in passing to these Golden Ages, these efflorescences, in various talks that I have heard him deliver, but I didn’t make a note of what they all were. Now, I have this blog posting, and this blog in general, to enable me to chase up such notions, and also to help me ponder all the other notions that will be needed to get towards an answer to the question that Anton is posing.
I do not think I will be the only Samizdata reader who will also be a regular reader of Capitalism’s Cradle.
I only just spotted this on CapX and it does help explain why I have a high opinion of ‘Guido Fawkes‘, warts and all: he has been on the side of the angels for a long, long time.
Back in 2001, Brian Micklethwait once said something that has since become part of my standard operating procedure. Speaking from his experience actually organising activities, rather than just talking about organising them as is the case with most people, he said if someone starts to offer you unsolicited advice about how to improve whatever it is that you are doing, immediately ask if they are prepared to get involved and implement their suggestion themselves. If the answer is yes, listen to what they have to say. If the answer if no, stop them right there and change the subject.
– Perry de Havilland
I have always been a fan of Guido Fawkes… he writes about party politics in the UK so we don’t have to! Not joking, I literally do not bother 98% of the time because we have Guido. Whatever I would have said, Guido already said it. Samizdata does not even have a ‘politics’ category for articles. In the sidebar, he effectively has his own link category
And he has been fighting the good flight for ten years.
Well done Guido!
Sometimes when doing a blog post, the hardest bit is coming up with the most appropriate title. This one had me LOL’ing
I Felt A Great Disturbance In The Narrative
Note, this is about the art of blogging rather than some civil disturbance in the USA, about which I really have no opinion beyond saying I am against US-style paramilitary policing. But I also think burning down local businesses because you are pissed off with the state indicates an advanced state of communal derangement. But have I have seen no reliable information that moves me to stick my oar in the water at any length about this particular bit of local nastiness.
I don’t know if (politicians) are enemies or more prey but I certainly didn’t go into Westminster to make friends and in that I’ve certainly succeeded.
– the ever splendid Paul Staines (aka Guido Fawkes)
To me, (Britain) now seems a strange, immoral place. For example, I read articles in The Guardian and The Times this week about the abolition of inherited wealth. The Economist also recently wrote about it. It did not even occur to any of these columnists that they were talking about the property of others. They did not create it. They did not inherit it. They have no just claim to it. Yet they have no moral concerns about proposing its seizure.
– ‘Tom Paine’